ALUMEX PLC (ALUM.N0000)

Aiyata deka patatila.Eps doubled.

Not doubled. EPS  Down from 70 cents to 35 cents.

Revenue during last few seasons were as follows : Rs Millions

2015 June 753
2015 Sept 995.
2015 Dec 1068
2016 March 1177 --- Cost of sales 754 --- Gross profit 400
2016 June 830 ------Cost of sales 590 ---- Gross profit 223

 low sales detected during last qtr

Aluf mokada wenne ..    tawa wateida

Shammi Dharshana wrote:Aluf mokada wenne ..    tawa wateida

better to exit now.

Is it ok to enter to ALUMEX?

Already went up from 17.00...

Kumar..You cant analyse 4th qtr results with 1st qtr results..And chinwi why dont you compare with last year 1st qtr results..Its the way to go..Every Industry have seasonal effects..

Remember my word..Annual EPS will be more than 3.50.Dividend payment will be 2.25..

Qtr ended 30th june 2014 - Qtr EPS 0.21 , 2014 - 15 Yr EPS 1.59
Qtr ended 30th june 2015 - Qtr EPS 0.19 , 2015 - 16 Yr EPS 1.97
Qtr ended 30th june 2016 - Qtr EPS 0.35 , 2016 - 17 Yr EPS ????

It will be between 3.25 - 3.75....

Target Price is 30.00 - 35.00 within a year..

"EPS  Down from 70 cents to 35 cents"

Sold all my ALUF and HEXP today and bought SAMP and TKYO.
Hoping to add HNB as well.
Teller, no comments ?

SLFINANCEWATCH wrote: chinwi why dont you compare with last year 1st qtr results..Its the way to go..Every Industry have seasonal effects..

I wanted to say due to low revenue EPS down so much than previous qtr.

For ALUM normally June get some dip . This time the revenue difference is bigger than previous times.
This may be due to high March figure.


2014 March 780
2014 June 611
Dipped by 169


2015 March 893
2015 June 753
Dipped by 140

2016 March 1177
2016 June 830
Dipped by 347

This is not alarming because this dip is mainly due to high sales in previous two quarters. We have to watch next qtr to get perfect idea.

ALUMex price may go up or down in short to medium but has strong future due to planned construction boom in Colombo . Purchasing should be done gradually. The best time may come bit later after a mini peak cycle in one years time .

I already set my ALUMAX agreed arget three months earlier there I said strong buy ALuMax due to many reasons. ALUMAX and ALUF are going to one of strategic investments in future.
It has discussed last ALUM AGM also. That's the reason ALUF also gone for strong buying today.
In november ALUF will sign a billion sales contract so ALUM also will join to supply the stuffs. Both ALUM & ALUF in this sector are good to buy
GL

Still aluf good to buy??

Yes ,see today nearly 150,000 shares traded. Last quarter EPS not much important. We have to see coming two quarter financials. This will be very good to see in coming financials.
ALUF has 126 million cash in hand .

At chinwi..why dont you talk about 84.00% profit growth Directly..

SLFINANCEWATCH wrote:At chinwi..why dont you talk about 84.00% profit growth Directly..

Its OK. But I go for revenue too to see the overall performances of the businesses.
Because just Profit may give you false signals, sometimes. When rivals emerge revenue may go down and affect long term but you can show profits than the same period last year .

This is general view, I cannot say ALUMEx is bad or going down at this moment. Other main supplier Lanka Aluminium also in the same group .

Personal Note and info: Last week I vent to Alumex in Sapugaskande to get powder coat bars in different colors. Normally you get white and black coated bars through their sales points. If you need color matching to tiles or walls in the background you can ask them to make them in different colors . BTW, this is not like car paint mixing, you can only get the colors of the powder they have imported. Cost is not much higher than white bars. They have 10-12 colors.

This looks like a temporary jump .  lets wait and see.

The real golden era for alumex should come at the middle of highly anticipated construction boom in and around port city.
Interior and exterior cladding is done after the construction of super structure.

One technical problem  they must find answers before that date is their bar designs.

Aluminium frames of doors and windows (etc.) are made by fixing different section of bars together. They are made in inter macing designs to be fixed together at the sites to get the reacquired cross section.

In Sri Lanka at the moment you need many different sections to make one length of a final bar. In   some other countries  they make improved designs and  only 2 or 3 sections  needed to make same length. Working speed and output is much higher with improved designs.
Our people has to improve molding  for that .  

Otherwise tax free bulk  importing from Dubai will be much profitable than buying our products.

value GEM industry positive impact...
 EPS 0.70 *4=2.8
...
GOOD DIVIDEND POLICY ..21 resistance price can be broke...

ddrperera wrote:value GEM industry positive impact...
 EPS 0.70 *4=2.8
...
GOOD DIVIDEND POLICY ..21 resistance price can be broke...

yeah  feeling looking good....HUNTING SLOWLY.....

kasun panditha wrote:

ddrperera wrote:value GEM industry positive impact...
 EPS 0.70 *4=2.8
...
GOOD DIVIDEND POLICY ..21 resistance price can be broke...

yeah  feeling looking good....HUNTING SLOWLY.....

YES  HUGE BUYING PRESSURE.....LOAD......

If this market trend keeps alive the ALUM WI pass the 40 mark within one year...

Alumex can be a good counter but there are even more good counters in the market valuable more than ALUM as well as trading at low PE multiples.

better to screen through few more and select the most valuable one.

EquityChamp wrote:Alumex can be a good counter but there are even more good counters in the market valuable more than ALUM as well as trading at low PE multiples.

better to screen through few more and select the most valuable one.

PLEASE MENTION OTHER STOCKS  WITH NAMES..DON'T CRITICIZE  SHARES WITHOUT CORRECT INFORMATION........

ddrperera wrote:

EquityChamp wrote:Alumex can be a good counter but there are even more good counters in the market valuable more than ALUM as well as trading at low PE multiples.

better to screen through few more and select the most valuable one.

PLEASE MENTION OTHER STOCKS  WITH NAMES..DON'T CRITICIZE  SHARES WITHOUT CORRECT INFORMATION........

Ado ddr thaama oya magula kage hari age gahala nagala yana share ekak ganna bari unada? Lorry talk witharaine balagena gihama..

TARGET wrote:

ddrperera wrote:

EquityChamp wrote:Alumex can be a good counter but there are even more good counters in the market valuable more than ALUM as well as trading at low PE multiples.

better to screen through few more and select the most valuable one.

PLEASE MENTION OTHER STOCKS  WITH NAMES..DON'T CRITICIZE  SHARES WITHOUT CORRECT INFORMATION........

Ado ddr thaama oya magula kage hari age gahala nagala yana share ekak ganna bari unada? Lorry talk witharaine balagena gihama..

Addoo api inne 17 iddan hariidda.....nagala thmam  thiyyenne umbe bn lorry talk crap shares promote karan nathhuwa ALUM ganniin adoo......

ddrperera wrote:

TARGET wrote:

ddrperera wrote:

EquityChamp wrote:Alumex can be a good counter but there are even more good counters in the market valuable more than ALUM as well as trading at low PE multiples.

better to screen through few more and select the most valuable one.

PLEASE MENTION OTHER STOCKS  WITH NAMES..DON'T CRITICIZE  SHARES WITHOUT CORRECT INFORMATION........

Ado ddr thaama oya magula kage hari age gahala nagala yana share ekak ganna bari unada? Lorry talk witharaine balagena gihama..

Addoo api inne 17 iddan hariidda.....nagala thmam  thiyyenne umbe bn lorry talk crap shares promote karan nathhuwa ALUM ganniin adoo......

Wait for results. Alum may show YOY profits down or very small growth only

Ddr 17 idan thiyagena innawanam dan wikunala dapan ban. Mama ada kiwa kiyala hitha gannin gon wasso

TARGET wrote:Ddr 17 idan thiyagena innawanam dan wikunala dapan ban. Mama ada kiwa kiyala hitha gannin gon wasso

mekke professional forum ekkak nikam pahath ganayata wattenna eppa....hithaganna matath katha karanna baa kiyyala hithhana eppa..wikunnawada nadda kiyyala mn bala gaanam ithin  oyaa ekka awulak kara ganna epaa...