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TEEJAY LANKA PLC (TJL.N0000) - Page 6 Vote_lcap68%TEEJAY LANKA PLC (TJL.N0000) - Page 6 Vote_rcap 68% [ 178 ]
TEEJAY LANKA PLC (TJL.N0000) - Page 6 Vote_lcap18%TEEJAY LANKA PLC (TJL.N0000) - Page 6 Vote_rcap 18% [ 47 ]
TEEJAY LANKA PLC (TJL.N0000) - Page 6 Vote_lcap13%TEEJAY LANKA PLC (TJL.N0000) - Page 6 Vote_rcap 13% [ 35 ]

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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » TEEJAY LANKA PLC (TJL.N0000)

TEEJAY LANKA PLC (TJL.N0000)

+57
M S L DIAS
ColomboCSE
Maduranga97
lakymahesh
ONTHEMONEY
gayan1987
dakzsl
Stockmudalali
cheetah
Champ888
Ruchira sm
KavinduTM
upandaway
ADVENTUS
ChooBoy
Ekanayake90
Dilithads
Eranga87
wgsaman
Royal Investor
BEAR
npgslnawa
Intrinsicvalue
ThilinaM
Promoney
jaya
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anges
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Teller
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EquityChamp
61 posters

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121TEEJAY LANKA PLC (TJL.N0000) - Page 6 Empty Re: TEEJAY LANKA PLC (TJL.N0000) Mon Feb 24, 2020 12:23 pm

Ekanayake90


Manager - Equity Analytics
Manager - Equity Analytics
China slowdown shakes local apparel industry

By Sunimalee Dias
View(s): 362

The apparel industry is facing a crisis as Sri Lankan factories are looking at the possibility of reducing work times and contemplating shutting down until China resumes operations.

The coronavirus outbreak in China has led to a number of cities being quarantined and causing concern among firms globally as the country is one of the largest supplier of accessories and fabric used in the manufacture of apparel wear.

Sri Lanka Apparel Exporters Association (SLAEA) Chairman Rehan Lakahny told the Business Times that due to uncertainty of when China would come out of its current epidemic the apparel industry in Sri Lanka will be impacted with some factories likely to close their operations for some time or reduce their working hours if the situation continues and depending on the demand from each factory here.

While some factories in China are still not in operation and there are likely to be delays, some shipments were missed since even once they resume work most staff is not allowed to report to work with some factories working on reduced number of days and Chinese authorities also keeping a check on people going back to work. So factories are finding it difficult to start work and get their staff back from other provinces as well, reports stated.

It is believed that delays and low staffed factories are likely to create further impacts on the apparel industry in Sri Lanka and globally.

According to the World Trade Organization (WTO) data, 37.6 per cent of world textile exports in 2018 came from China – a record high – with the country supplying almost two-thirds of the textiles used by manufacturers across South East Asia.

He noted that immediate requirements up to June would be hard to be channelled from other markets.

However, in the long term “we are all looking at different avenues but it depends on how long this problem goes on”.

Currently most manufacturers are in search of other sources of buying raw materials and accessories but China still is competitive compared to even India.

Within two weeks the situation is likely to become more serious as the local apparel industry is looking at taking their own measures to mitigate the problems they face.



This could come down to 35

122TEEJAY LANKA PLC (TJL.N0000) - Page 6 Empty Re: TEEJAY LANKA PLC (TJL.N0000) Mon Feb 24, 2020 5:17 pm

ThilinaM


Vice President - Equity Analytics
Vice President - Equity Analytics
apparel is grasshoper industry. we cant predict

123TEEJAY LANKA PLC (TJL.N0000) - Page 6 Empty Re: TEEJAY LANKA PLC (TJL.N0000) Mon Feb 24, 2020 5:18 pm

ThilinaM


Vice President - Equity Analytics
Vice President - Equity Analytics
MAS and brandix moving to other countrys .
teejay will loose if this movement become faster

124TEEJAY LANKA PLC (TJL.N0000) - Page 6 Empty Re: TEEJAY LANKA PLC (TJL.N0000) Mon Feb 24, 2020 8:17 pm

Teller


Moderator
Moderator
TJL has well managed their CAPEX. Dont forget whole world wear clothes. 🤣🤣

125TEEJAY LANKA PLC (TJL.N0000) - Page 6 Empty Re: TEEJAY LANKA PLC (TJL.N0000) Tue Feb 25, 2020 4:49 pm

ThilinaM


Vice President - Equity Analytics
Vice President - Equity Analytics
@teller - whole world ware cloths. but whole world will not manufacture. manufacturing will leave high cost countys

126TEEJAY LANKA PLC (TJL.N0000) - Page 6 Empty Re: TEEJAY LANKA PLC (TJL.N0000) Tue Feb 25, 2020 4:51 pm

ThilinaM

ThilinaM
Vice President - Equity Analytics
Vice President - Equity Analytics
i was employed half of my career in apparel. if any pvt placement there for garment factory i will invest for a director possition

127TEEJAY LANKA PLC (TJL.N0000) - Page 6 Empty Re: TEEJAY LANKA PLC (TJL.N0000) Mon Mar 02, 2020 4:28 pm

ChooBoy


Manager - Equity Analytics
Manager - Equity Analytics
TEEJAY LANKA PLC (TJL.N0000) - Page 6 4135ad10

128TEEJAY LANKA PLC (TJL.N0000) - Page 6 Empty Re: TEEJAY LANKA PLC (TJL.N0000) Sun Aug 23, 2020 4:52 pm

ADVENTUS


Moderator
Moderator
Are we to expect final dividend announcement?

129TEEJAY LANKA PLC (TJL.N0000) - Page 6 Empty Re: TEEJAY LANKA PLC (TJL.N0000) Sun Aug 23, 2020 9:19 pm

Dilithads


Stock Analytic
Stock Analytic
Does anyone know their pipeline ? As we all know potential future order would get droped

130TEEJAY LANKA PLC (TJL.N0000) - Page 6 Empty Re: TEEJAY LANKA PLC (TJL.N0000) Wed Sep 02, 2020 8:54 pm

upandaway


Stock Analytic
Stock Analytic
Shouldn't we see some upside for TJL ?

131TEEJAY LANKA PLC (TJL.N0000) - Page 6 Empty Re: TEEJAY LANKA PLC (TJL.N0000) Thu Sep 03, 2020 7:30 am

KavinduTM

KavinduTM
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@upandaway wrote:Shouldn't we see some upside for TJL ?

We should.

132TEEJAY LANKA PLC (TJL.N0000) - Page 6 Empty Re: TEEJAY LANKA PLC (TJL.N0000) Thu Sep 03, 2020 10:43 am

Ruchira sm

Ruchira sm
Equity Analytic
Equity Analytic
There was a considerable foreign in flow to the TJL yester day,
Hopefully a positive sign

133TEEJAY LANKA PLC (TJL.N0000) - Page 6 Empty Re: TEEJAY LANKA PLC (TJL.N0000) Sat Sep 12, 2020 2:45 pm

Champ888


Manager - Equity Analytics
Manager - Equity Analytics
Any news on TJL regarding thier orders and current performance after COVID? Is it good price to buy at 30?

134TEEJAY LANKA PLC (TJL.N0000) - Page 6 Empty Re: TEEJAY LANKA PLC (TJL.N0000) Sun Sep 13, 2020 8:14 pm

upandaway


Stock Analytic
Stock Analytic
I think it is good to buy and keep, it has a good track record. 
The price can go up depending on the next quarter results as now many people are focused on MGT for the moment.

135TEEJAY LANKA PLC (TJL.N0000) - Page 6 Empty Re: TEEJAY LANKA PLC (TJL.N0000) Tue Sep 15, 2020 2:54 pm

Champ888


Manager - Equity Analytics
Manager - Equity Analytics
TJL is moving up parallel to MGT...

Good collection.

136TEEJAY LANKA PLC (TJL.N0000) - Page 6 Empty Re: TEEJAY LANKA PLC (TJL.N0000) Tue Sep 15, 2020 10:28 pm

cheetah


Senior Equity Analytic
Senior Equity Analytic
@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.

137TEEJAY LANKA PLC (TJL.N0000) - Page 6 Empty Re: TEEJAY LANKA PLC (TJL.N0000) Tue Sep 15, 2020 11:08 pm

jaya


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@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

138TEEJAY LANKA PLC (TJL.N0000) - Page 6 Empty Re: TEEJAY LANKA PLC (TJL.N0000) Wed Sep 16, 2020 12:35 am

Eranga87


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
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.

Eng Krishantha likes this post

139TEEJAY LANKA PLC (TJL.N0000) - Page 6 Empty Re: TEEJAY LANKA PLC (TJL.N0000) Wed Sep 16, 2020 6:00 am

Stockmudalali


Stock Trader
@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/

dilanperera dislikes this post

140TEEJAY LANKA PLC (TJL.N0000) - Page 6 Empty Re: TEEJAY LANKA PLC (TJL.N0000) Wed Sep 23, 2020 7:05 pm

Eranga87


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
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.

dakzsl likes this post

141TEEJAY LANKA PLC (TJL.N0000) - Page 6 Empty Re: TEEJAY LANKA PLC (TJL.N0000) Thu Sep 24, 2020 7:46 am

dakzsl


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

142TEEJAY LANKA PLC (TJL.N0000) - Page 6 Empty Re: TEEJAY LANKA PLC (TJL.N0000) Thu Sep 24, 2020 7:56 am

gayan1987


Senior Equity Analytic
Senior Equity Analytic
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.

143TEEJAY LANKA PLC (TJL.N0000) - Page 6 Empty Re: TEEJAY LANKA PLC (TJL.N0000) Thu Sep 24, 2020 8:46 am

ONTHEMONEY


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
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

lal62 likes this post

144TEEJAY LANKA PLC (TJL.N0000) - Page 6 Empty Re: TEEJAY LANKA PLC (TJL.N0000) Wed Oct 21, 2020 12:11 pm

upandaway


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

145TEEJAY LANKA PLC (TJL.N0000) - Page 6 Empty Re: TEEJAY LANKA PLC (TJL.N0000) Wed Oct 21, 2020 9:37 pm

lakymahesh


Senior Equity Analytic
Senior Equity Analytic
@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 ?

146TEEJAY LANKA PLC (TJL.N0000) - Page 6 Empty Re: TEEJAY LANKA PLC (TJL.N0000) Wed Oct 21, 2020 10:28 pm

Maduranga97


Equity Analytic
Equity Analytic
@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 🤔🤔

147TEEJAY LANKA PLC (TJL.N0000) - Page 6 Empty Re: TEEJAY LANKA PLC (TJL.N0000) Wed Oct 21, 2020 10:42 pm

ColomboCSE


Manager - Equity Analytics
Manager - Equity Analytics
@lakymahesh wrote:
Will TJL.N get affected by the Brandix COVID hit ?

this is what i seen.

148TEEJAY LANKA PLC (TJL.N0000) - Page 6 Empty Re: TEEJAY LANKA PLC (TJL.N0000) Thu Oct 22, 2020 6:09 pm

M S L DIAS


Equity Analytic
Equity Analytic
Saw some positive signs
Any thoughts on this

149TEEJAY LANKA PLC (TJL.N0000) - Page 6 Empty Re: TEEJAY LANKA PLC (TJL.N0000) Tue Nov 10, 2020 1:21 pm

ADVENTUS


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

judecroos likes this post

150TEEJAY LANKA PLC (TJL.N0000) - Page 6 Empty Re: TEEJAY LANKA PLC (TJL.N0000) Sun Nov 29, 2020 9:04 pm

KingKong


Equity Analytic
Equity Analytic
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+ ?

judecroos likes this post

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