B P P L HOLDINGS PLC (BPPL.N0000)

Little more than 1M yeasterday.  What will happen today?  

@Teller wrote:This is a part of manipulation by well organized group . So be careful  to enter except at correct prices

Why? do you think they pulled up the results from thin year? its a solid company with solid management. Do some research before spouting BS. The results speak for itself.

SELL WHEN OTHERS BUY...
BUY WHEN OTHERS SELL....

Is Hidramani off loading their  holding?

@Hanoifortune wrote:Is Hidramani off loading their  holding?

After checking, Found this is a promising share to buy.

Any comments?

@Hanoifortune wrote:Is Hidramani off loading their  holding?

They already did and thats the reason for the IPO.

@Hanoifortune wrote:

@Hanoifortune wrote:Is Hidramani off loading their  holding?

After checking, Found this is a promising share to buy.

Any comments?

Well run company and definitely worth for long term holding. I bought soon after IPO but should have bought more!

@Deen79 wrote:

@Hanoifortune wrote:

@Hanoifortune wrote:Is Hidramani off loading their  holding?

After checking, Found this is a promising share to buy.

Any comments?

Well run company and definitely worth for long term holding. I bought soon after IPO but should have bought more!

Happiness is the price is falling ....Time to collect more 

@Elahara wrote:

@Deen79 wrote:

@Hanoifortune wrote:

@Hanoifortune wrote:Is Hidramani off loading their  holding?

After checking, Found this is a promising share to buy.

Any comments?

Well run company and definitely worth for long term holding. I bought soon after IPO but should have bought more!

Happiness is the price is falling ....Time to collect more 

True! Will buy at 13 levels.

LOLC is a major share holder.It is advisable to take position before them inflate the price and dump to us.

BPPL price increase is justifiable and much much better compare to MGT's 15.2 price.

I hope it would do well in future based GSP+,rupee value,government's support for exports..

The main source of income is from exports. GSP+ and depreciation of rupee would have a substantial effect on top line and bottom line.

Agree with kovida, I am Waiting on right prices to enter but not now

@kovida wrote:The main source of income is from exports. GSP+ and depreciation of rupee would have a substantial effect on top line and bottom line.

why are you talking about GSP when most of the export go to north America, New Zealand, Australia and Indonesia. Did you read the financial reports? please see below notes.
.


BPPI Holdings April 2016 to March 2017 Financial Results Net Profit up 42%to Rs 436 million for the twelve months ended 31't March 2017 BPPL Holdings announced today its unaudited financial results for the twelve month period April 2016 to March 2017. Consolidated revenue for the period was Rs2.4 billion, up t6% over the corresponding period in the previousyear. TheNorthAmericanregionaccountedforTT%ofthereportedrevenue.Theregionsawa 2L%o increase in revenue over the previous financial year. High growth was also seen in New Zealand, Indonesia and Sri Lanka although from smaller bases. In the United States, robust revenue growth was seen in the food services, janitorial and oil and gas sectors. Revenue slowed in Australia and Britain due to client inventory adjustments and new product launches in the previous financial year causing increased orders in that year. Sales to Britain were also affected by Sterling depreciation vs. the Sri Lankan Rupee during the period. Overall revenues were also strong as the company pursued its dual objectives of penetrating the household market segment both through direct sales to retailers and own branded goods sales in Sri Lanka and Indonesia. Direct sales accounted for LO% of total sales for the period, up 20% year-on-year. Own branded goods also grew by 59%, again over the corresponding period in the previous year. Gross profit was up by a faster 26% year-on-year to Rs963 million due to margin expansion amid revenue growth. Gross profit margins, which improved from 37% to 40% during the twelve month period ended March 20L7, continued to benefit from higher productivity, lower freight rates, lower costs as a result of improved raw material sourcing and Sri Lankan Rupee depreciation against the US Dollar. f mproved productivity and stringent cost controls also led to a 4TToincrease in operating profit (EBIT)to Rs512 million compared to the same period in the previous year. Moreover, margins continued to expand to20% at a Profit-Before-Tax level due to lower interest expenses as accumulated profits were used for debt retirement. Profit-Before-Tax was Rs491 million for the period whilst Profit-After-Tax attributable to the company's shareholders was Rs435 million, an increase of 42% year-on-year. Nonannualized EPS for the period amounted to Rs1.42. Meanwhile, BPPL Holdings moved ahead with its plans for extruding synthetic yarn by placing orders with machinery suppliers following successful trials conducted with its own hot washed recycled PET flakes and discussions with leading textile producers. The construction of a new factory in the Horana BOI Industrial Zone also commenced in January 2017. This yarn production facility, which involves an investment of Rs675 million, is set to come on-stream in the January to March quarter of 2018 and contribute to revenue from April 2018. The company also commenced power generation from its own 347KW solar and 200KW biomass based power plants at the end of March'17. A full year's impact of this would be seen in the new financial year ending March'18.

@Teller wrote:Agree with kovida, I am Waiting on right prices to enter but not now

IPO price-12/=
Listed in the first week of April. Since then price  has been closing in green every Friday.
what is your right price? and when?

@Teller wrote:Agree with kovida, I am Waiting on right prices to enter but not now

I was waiting to collect @ 13 when it was trading at 13.5.But this bus is not reversing.So finally i got into the bus at 14.5...Let we see..

@Hanoifortune wrote:

@kovida wrote:The main source of income is from exports. GSP+ and depreciation of rupee would have a substantial effect on top line and bottom line.

why are you talking about GSP when most of the export go to north America, New Zealand, Australia and Indonesia. Did you read the financial reports? please see below notes.
.
 Meanwhile, BPPL Holdings moved ahead with its plans for extruding synthetic yarn by placing orders with machinery suppliers following successful trials conducted with its own hot washed recycled PET flakes and discussions with leading textile producers. The construction of a new factory in the Horana BOI Industrial Zone also commenced in January 2017. This yarn production facility, which involves an investment of Rs675 million, is set to come on-stream in the January to March quarter of 2018 and contribute to revenue from April 2018.

Financial Statements reflect the history and financial status of a company. I was talking about future prospects with GSP+  and also with new yarn production for textiles would benefit indirectly the gaining of GSP.

Any news about BPPL?

Wait below 14 to touch