HVA - Time to revisit

cse.newbie · 1 HVA - Time to revisit Mon Jun 20, 2016 2:10 pm

cse.newbie

Senior Equity Analytic

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Folks and Anjelo the trading pattern of HVA looks promising to me now. There is a strong resistance at 7.50.

Old gang/collectors still behind the share. Given a chance this will be dragged to new heights, latest high is 9.20. Just my two cents, good profit can be pocketed if you buy at current price..

anjelo · 2 Re: HVA - Time to revisit Mon Jun 20, 2016 2:34 pm

anjelo

Senior Vice President - Equity Analytics

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since the company is in the green now and NAV around 7.40 that's why it is around 7.80 now. There should be a big run before the end of this month. I am pretty sure the collector will push this.... i am still collecting bits here and there around 7.80 to 8.00 range. i am guessing this will be pushed to near 12 at first, then depending on the resistance the push will differ...

Hawk Eye · 3 Re: HVA - Time to revisit Tue Jun 21, 2016 12:15 pm

Hawk Eye

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Lets have a look at their Interest bearing Loans & Borrowings.

15/16------556.5 mn
14/15------495.6 mn
13/14------413.0 mn
12/13------306.7 mn

Total Equity attributable to share holders 498.56mn by 15/16

Now lets check their Sales performance

15/16------780.1 mn
14/15------824.1 mn
13/14------723.5 mn
12/13------744.2 mn

Other than for 2012/13 they havent made any profit for the year. and a small profit in last quarter doesnt reveal anything that the Company has turned around.

I can feel the Company bleeding. The trade cycle is not working right, therefore need to borrow heavily with Trade Facilities from Banks.

I have highlighted several times before. They have their presence in Local and International market. and nobody buys their products.

Just ask yourself, do you buy Heladiv brand from Supermarkets or choose Lipton,Dilma,Zezta etc.

Until they make an impression locally they cant perform internationally. I feel they are struck with a improper client base who are not willing to sell Heladiv brand but their own brands

Please check the countries in which Heladiv boasts they have a brand presence.No one heard of it