@Win Win wrote:
A great era is being opening for HAYLEYS GROUP with following rationals
1) Great performance of majority of its subsidiaries
DIPD - Rubber Gloves (Very well performance)
HAYC - Activated Carbons (Very well performance)
MGT - Textiles (Very well performance)
TPL + KVAL - Tea (Very well performance)
Agriculture - Fertilizer & Seeds / Organic Foods (Very well performance)
2) HAYL is a high geared company, current low cost financing will be very favorable for the Group. It will be reflected from Q2.
3) Business Expansion of Group Companies
The Group has invested many expansions and acquisitions in many manufacturing areas in Sri Lanka from 2019. The outcome will be reflected from 2nd Q 2020.
4) A dividend can be expected with its subsidiaries' well performance.
HAYL share price was well above Rs.350 before 2016. Now, it should be gradual increase and surpass Rs.350 again. Very short term, it will be touched Rs.300. Before Brandix Crisis, it was traded around Rs.300
HAYL is the company belongs of Highest Turnover. It was suffered with High Overhead.
With the current situation, Majority of its products prices have benn gone up with fully filled order books, favorable exchange rates and low financing.
Fundamentally very strong share compare to other blue chips !!