TEEJAY LANKA PLC (TJL.N0000)

DKbogols · 1 Re: TEEJAY LANKA PLC (TJL.N0000) on Tue Dec 15, 2020 10:32 pm

DKbogols

Manager - Equity Analytics

Posts : 100
Equity Stars : 225
Reputation : 0
Join date : 2020-10-08

TJL seems to be gearing up for a good run. Heavy trading in recent past and 39/-ish looks to be the support level even during recent market correction times. Good volumes today also.

Q3 is expected to be better than Q2 and Q4 will be better than Q3 which may result in a EPS better than last FY. Plenty of foreign holding in top 20. Also its no brainer that LKR will depreciate against the USD in 2021 and TJL is definitely one of the beneficiaries. Capacity expansion + dividends in jan/feb perhaps will probably make this counter appreciate further.

This is not a BUY/SELL recommendation. DYOR.

ADVENTUS · 2 Re: TEEJAY LANKA PLC (TJL.N0000) on Thu Dec 10, 2020 4:59 pm

ADVENTUS

Senior Equity Analytic

Posts : 73
Equity Stars : 291
Reputation : 1
Join date : 2020-07-02

@Champ888 wrote:TJL collection is on the card.

Move above 40 in next 2 Months

Almost there, may go well above. Next quarter may be good. Dividends in Feb ?

4Corners · 3 Re: TEEJAY LANKA PLC (TJL.N0000) on Mon Dec 07, 2020 1:50 pm

4Corners

Senior Equity Analytic

Posts : 95
Equity Stars : 1926
Reputation : 0
Join date : 2016-03-11

@Champ888 wrote:TJL collection is on the card.

Move above 40 in next 2 Months

Dear Teller

Do you have any latest update on this pls???

Champ888 · 4 Re: TEEJAY LANKA PLC (TJL.N0000) on Tue Dec 01, 2020 10:50 am

Champ888

Manager - Equity Analytics

Posts : 117
Equity Stars : 254
Reputation : 0
Join date : 2020-09-12

TJL collection is on the card.

Move above 40 in next 2 Months

ADVENTUS · 5 Re: TEEJAY LANKA PLC (TJL.N0000) on Mon Nov 30, 2020 1:25 pm

ADVENTUS

Senior Equity Analytic

Posts : 73
Equity Stars : 291
Reputation : 1
Join date : 2020-07-02

@KingKong wrote:Any updates on this?. Especially given EU's concern on import restrictions can it have adverse effect on orders from EU, or negative impact on GSP+ ?

Highly doubt. No issues with GSP+ as well, based on the recent EU statement. People seem to be rallying behind tjl now for some reason.

KingKong · 6 Re: TEEJAY LANKA PLC (TJL.N0000) on Sun Nov 29, 2020 9:04 pm

KingKong

Stock Analytic

Posts : 16
Equity Stars : 3427
Reputation : 0
Join date : 2011-09-26

Any updates on this?. Especially given EU's concern on import restrictions can it have adverse effect on orders from EU, or negative impact on GSP+ ?

ADVENTUS · 7 Re: TEEJAY LANKA PLC (TJL.N0000) on Tue Nov 10, 2020 1:21 pm

ADVENTUS

Senior Equity Analytic

Posts : 73
Equity Stars : 291
Reputation : 1
Join date : 2020-07-02

Steady collection going on. Maybe investors expecting a good report and maybe dividends?

M S L DIAS · 8 Re: TEEJAY LANKA PLC (TJL.N0000) on Thu Oct 22, 2020 6:09 pm

M S L DIAS

Equity Analytic

Posts : 25
Equity Stars : 276
Reputation : 0
Join date : 2020-05-21

Saw some positive signs
Any thoughts on this

ColomboCSE · 9 Re: TEEJAY LANKA PLC (TJL.N0000) on Wed Oct 21, 2020 10:42 pm

ColomboCSE

Manager - Equity Analytics

Posts : 246
Equity Stars : 686
Reputation : 3
Join date : 2019-11-23

@lakymahesh wrote:
~~Will~~ TJL.N ~~get~~ affected by the Brandix COVID hit ?

this is what i seen.

Maduranga97 · 10 Re: TEEJAY LANKA PLC (TJL.N0000) on Wed Oct 21, 2020 10:28 pm

Maduranga97

Equity Analytic

Posts : 33
Equity Stars : 138
Reputation : 0
Join date : 2020-10-14

@lakymahesh wrote:

@Stockmudalali wrote:

@Champ888 wrote:Any news on TJL regarding thier orders and current performance after COVID? Is it good price to buy at 30?

They are manufacturing personal protection equipment (PPE) at full capacity.

Indian factories are all manufacturing hazmat type suits for the Indian COVID19 effort and production is at full capacity. The demand is so high that the Indian govt. has banned export of PPE suits to the global market.

Sri Lankan factories are exporting cotton face masks.

Demand for cotton masks may peak within 3-4 months, but the demand for PPE hazmat suits being used in India will continue for longer I think as they are being used in medical settings.

https://economynext.com/brandix-apparel-plants-in-sri-lanka-india-making-ppe-in-covid-19-battle-69553/

Will TJL.N get affected by the Brandix COVID hit ?

I think brandix is one of major shareholder of TJL

lakymahesh · 11 Re: TEEJAY LANKA PLC (TJL.N0000) on Wed Oct 21, 2020 9:37 pm

lakymahesh

Senior Equity Analytic

Posts : 79
Equity Stars : 3654
Reputation : 3
Join date : 2011-04-27

@Stockmudalali wrote:

@Champ888 wrote:Any news on TJL regarding thier orders and current performance after COVID? Is it good price to buy at 30?

They are manufacturing personal protection equipment (PPE) at full capacity.

Indian factories are all manufacturing hazmat type suits for the Indian COVID19 effort and production is at full capacity. The demand is so high that the Indian govt. has banned export of PPE suits to the global market.

Sri Lankan factories are exporting cotton face masks.

Demand for cotton masks may peak within 3-4 months, but the demand for PPE hazmat suits being used in India will continue for longer I think as they are being used in medical settings.

https://economynext.com/brandix-apparel-plants-in-sri-lanka-india-making-ppe-in-covid-19-battle-69553/

Will TJL.N get affected by the Brandix COVID hit ?

upandaway · 12 Re: TEEJAY LANKA PLC (TJL.N0000) on Wed Oct 21, 2020 12:11 pm

upandaway

Stock Analytic

Posts : 16
Equity Stars : 167
Reputation : 0
Join date : 2020-09-02

Seems like a good time to collect at the low 30's prices

ONTHEMONEY · 13 Re: TEEJAY LANKA PLC (TJL.N0000) on Thu Sep 24, 2020 8:46 am

ONTHEMONEY

Senior Manager - Equity Analytics

Posts : 517
Equity Stars : 4333
Reputation : 15
Join date : 2011-01-28
Location : COLOMBO

Hi all,

To be honest, i have doubt about TJL performance in term of profits cf. last year.

TJL could have lost its orders from its high profitable buckets namely the USA and EUROPE branded clothing manufacturing due to COVID

Instead they have the chance for massive amounts orders for PPE masks and any shifts in manufacturing coming from South Asian countries which is the positive. This is mainly because of COVID19 and US/CHINA trade tension.

Therefore, there is high likelihood that TJL will achieve impressive top line but profits same as last year is a challenge due shifts in types of businesses profitability from High profit buckets to low buckets

Good Luck

gayan1987 · 14 Re: TEEJAY LANKA PLC (TJL.N0000) on Thu Sep 24, 2020 7:56 am

gayan1987

Senior Equity Analytic

Posts : 51
Equity Stars : 3693
Reputation : 1
Join date : 2011-02-14

They are running fully capacity till February and may be the best financial year of the TJ history. Worth to collect around 33 and will hit 50 before end of this year.

dakzsl · 15 Re: TEEJAY LANKA PLC (TJL.N0000) on Thu Sep 24, 2020 7:46 am

dakzsl

Senior Equity Analytic

Posts : 78
Equity Stars : 512
Reputation : 0
Join date : 2019-11-22

Good share which hasn’t been moving as expected yet. Hopefully it will hit 40+ levels with foreign inflow coming too

Eranga87 · 16 Re: TEEJAY LANKA PLC (TJL.N0000) on Wed Sep 23, 2020 7:05 pm

Eranga87

Senior Manager - Equity Analytics

Posts : 509
Equity Stars : 946
Reputation : 23
Join date : 2020-01-27
Location : Telaviv

Ready for Next Journey with TJL N. at least, it should touch 45 levels. EPF also bought(20.02.2020) 6.9Mn shares @ Rs.40. don't miss the last chance.

Stockmudalali · 17 Re: TEEJAY LANKA PLC (TJL.N0000) on Wed Sep 16, 2020 6:00 am

Stockmudalali

Stock Trader

Posts : 6
Equity Stars : 163
Reputation : 0
Join date : 2020-08-24

@Champ888 wrote:Any news on TJL regarding thier orders and current performance after COVID? Is it good price to buy at 30?

They are manufacturing personal protection equipment (PPE) at full capacity.

Indian factories are all manufacturing hazmat type suits for the Indian COVID19 effort and production is at full capacity. The demand is so high that the Indian govt. has banned export of PPE suits to the global market.

Sri Lankan factories are exporting cotton face masks.

Demand for cotton masks may peak within 3-4 months, but the demand for PPE hazmat suits being used in India will continue for longer I think as they are being used in medical settings.

https://economynext.com/brandix-apparel-plants-in-sri-lanka-india-making-ppe-in-covid-19-battle-69553/

Eranga87 · 18 Re: TEEJAY LANKA PLC (TJL.N0000) on Wed Sep 16, 2020 12:35 am

Eranga87

Senior Manager - Equity Analytics

Posts : 509
Equity Stars : 946
Reputation : 23
Join date : 2020-01-27
Location : Telaviv

MGT target Rs, 25. MGT now too high. before the target price, huge quantity sells to retailers. better to exit the next few days. don't be greedy.

TJL has more chances to fly like MGT.
GLAS also will touch Rs. 4.50-4.80 levels.
LMF, HHL, VPEL better also.

jaya · 19 Re: TEEJAY LANKA PLC (TJL.N0000) on Tue Sep 15, 2020 11:08 pm

jaya

Senior Manager - Equity Analytics

Posts : 579
Equity Stars : 4500
Reputation : 8
Join date : 2011-01-25

@cheetah wrote:

@Champ888 wrote:TJL is moving up parallel to MGT...

Good collection.

yes. my investment advisors told me to collect and this will go around 36/. After MGT this will run.

Bull Market MGT target is 20.00

cheetah · 20 Re: TEEJAY LANKA PLC (TJL.N0000) on Tue Sep 15, 2020 10:28 pm

cheetah

Senior Equity Analytic

Posts : 57
Equity Stars : 1607
Reputation : 1
Join date : 2016-11-22

@Champ888 wrote:TJL is moving up parallel to MGT...

Good collection.

yes. my investment advisors told me to collect and this will go around 36/. After MGT this will run.

Sponsored content

Latest topics

TEEJAY LANKA PLC (TJL.N0000)

1 Re: TEEJAY LANKA PLC (TJL.N0000) on Tue Dec 15, 2020 10:32 pm

DKbogols

2 Re: TEEJAY LANKA PLC (TJL.N0000) on Thu Dec 10, 2020 4:59 pm

ADVENTUS

3 Re: TEEJAY LANKA PLC (TJL.N0000) on Mon Dec 07, 2020 1:50 pm

4Corners

4 Re: TEEJAY LANKA PLC (TJL.N0000) on Tue Dec 01, 2020 10:50 am

Champ888

5 Re: TEEJAY LANKA PLC (TJL.N0000) on Mon Nov 30, 2020 1:25 pm

ADVENTUS

6 Re: TEEJAY LANKA PLC (TJL.N0000) on Sun Nov 29, 2020 9:04 pm

KingKong

7 Re: TEEJAY LANKA PLC (TJL.N0000) on Tue Nov 10, 2020 1:21 pm

ADVENTUS

8 Re: TEEJAY LANKA PLC (TJL.N0000) on Thu Oct 22, 2020 6:09 pm

M S L DIAS

9 Re: TEEJAY LANKA PLC (TJL.N0000) on Wed Oct 21, 2020 10:42 pm

ColomboCSE

10 Re: TEEJAY LANKA PLC (TJL.N0000) on Wed Oct 21, 2020 10:28 pm

Maduranga97

11 Re: TEEJAY LANKA PLC (TJL.N0000) on Wed Oct 21, 2020 9:37 pm

lakymahesh

12 Re: TEEJAY LANKA PLC (TJL.N0000) on Wed Oct 21, 2020 12:11 pm

upandaway

13 Re: TEEJAY LANKA PLC (TJL.N0000) on Thu Sep 24, 2020 8:46 am

ONTHEMONEY

14 Re: TEEJAY LANKA PLC (TJL.N0000) on Thu Sep 24, 2020 7:56 am

gayan1987

15 Re: TEEJAY LANKA PLC (TJL.N0000) on Thu Sep 24, 2020 7:46 am

dakzsl

16 Re: TEEJAY LANKA PLC (TJL.N0000) on Wed Sep 23, 2020 7:05 pm

Eranga87

17 Re: TEEJAY LANKA PLC (TJL.N0000) on Wed Sep 16, 2020 6:00 am

Stockmudalali

18 Re: TEEJAY LANKA PLC (TJL.N0000) on Wed Sep 16, 2020 12:35 am

Eranga87

19 Re: TEEJAY LANKA PLC (TJL.N0000) on Tue Sep 15, 2020 11:08 pm

jaya

20 Re: TEEJAY LANKA PLC (TJL.N0000) on Tue Sep 15, 2020 10:28 pm

cheetah

21 Re: TEEJAY LANKA PLC (TJL.N0000)

Sponsored content