ACME PRINTING & PACKAGING PLC (ACME.N0000)

ACME Printing and Packaging PLC. is engaged in the manufacture of a range of flexible packaging material for local and export markets. The Company supplies packaging materials in the form of printed/laminated reels, pouches, sheets and lids converted out of aluminum foil, biaxially oriented polypropylene film (BOPP), linear low-density polyethylene (LLDPE), nylon, polyester and paper for the packaging of an array of products, such as confectionery, milk powder, biscuits, snacks, drinks/beverages, tea, noodles, soya nuggets, processed meat products, pharmaceuticals, detergent powders, agro chemicals, cigarette foil, as well as the garment industry. It produces both hotseal and coldseal laminates, and offers different material structures having rotogravure and flexo-graphic print. The Company serves industrial sectors, such as tea, food, confectionery, milk powder, pharmaceuticals and consumer products. ACME Packaging Solutions (Private) Limited is the Company's subsidiary.

Acme is going to shine as a gem with in two week ,as dp is going to aquier some quanitiy of it.

Thanks,
hope lot of heard this week ago,
But need facts to proove that.

I think you mentioned this #LALU has 7% stake in ACME.
May be Mr.Perera aquire, but who can trust.
Coz of that price up & down last week.

Best thing if u are more clever than other jump & exit at correct time.
Otherwise u have wait some months to get rid of.

I've seen a good analysis of ACME done by Innam in investnow, if he can upgrade that analysis to the current situ, I think we could have a better picture..Hope he'll see the post ;-)

I think ACME worth more than a GEM ....

deen wrote:Acme is going to shine as a gem with in two week ,as dp is going to aquier some quanitiy of it.

Deen
Where did you hear this from about a takeover?

ACME is in the recovering phase. Potential for a turnaround this time. We recently saw this go up after CARE ( same field) released results and on speculation. In Sept -OCt this was trading around R 26-27 before it came down. Issue is their profits still do not show. So good to watch this time to see how they have done.

sept qtr (comparatively june qtr) they showed good come back. they have reduced the loss significantly

ACME Now they are making good profit anyway DP going to takeover he is push downward the market price because he is negotiate big qty of ACME.Keep eye on this.

Good point u higlighted shan, thanks

what do you think abt ACME ?
Prices have not moved for last 2 years.
Had problems with their financials collected money from rights issue (to reduce finance cost/To enhance working Capital ).But results for last quarter not encouraging .But some Institunal investors /High networth individuals are slowly collectin it .(Top 20 shareholding list).

I think it is one of the hidden gems.

yes i agree.. i also filled half of my portfolio with ACME.. it has real value.. sum of our analysts hv given positive comments abt dis share on previous records of this forum. I realy wonder y its nt movin so far. da market seem to b at bottom price dis share, which is gud to collect nw.
I think here onward da share wil move in a short period..so pls dnt give up hope on dis share which is realy a HIDDEN GEM.

Jeejay wrote:yes i agree.. i also filled half of my portfolio with ACME.. it has real value.. sum of our analysts hv given positive comments abt dis share on previous records of this forum. I realy wonder y its nt movin so far. da market seem to b at bottom price dis share, which is gud to collect nw.
I think here onward da share wil move in a short period..so pls dnt give up hope on dis share which is realy a HIDDEN GEM.

so you are pretty confident about it that you have 50% ACME?
hope you did not buy it based solely on the comments on the internet

Jeejay wrote:yes i agree.. i also filled half of my portfolio with ACME.. it has real value.. sum of our analysts hv given positive comments abt dis share on previous records of this forum. I realy wonder y its nt movin so far. da market seem to b at bottom price dis share, which is gud to collect nw.
I think here onward da share wil move in a short period..so pls dnt give up hope on dis share which is realy a HIDDEN GEM.

Hi Jeejay,

Can you share with others what grounds you say this is a Hidden Gem? We appreciate if you give us your findings.

ss7097 wrote:

Jeejay wrote:yes i agree.. i also filled half of my portfolio with ACME.. it has real value.. sum of our analysts hv given positive comments abt dis share on previous records of this forum. I realy wonder y its nt movin so far. da market seem to b at bottom price dis share, which is gud to collect nw.
I think here onward da share wil move in a short period..so pls dnt give up hope on dis share which is realy a HIDDEN GEM.

Hi Jeejay,

Can you share with others what grounds you say this is a Hidden Gem? We appreciate if you give us your findings.

I was trying figure out the valuation of ACME. But when I was looking at the interim reports, I was bit confused.

According Interim report ended 31st of December,
Nine month PAT ---> 8.68 mn --> EPS 0.43

But there is a discrepancy in the nine month proft total when I check the interim reports past three quarters.

Q1 --> (8,857,000) EPS (0.66)
Q2 --> (2,390,000) EPS (0.15)
Q3 --> 4,629,000 EPS 0.23

According to individual interim statement Nine month profit should be -6,618,000 and EPS should be -0.58

It's huge differents. Do any one noticed this or am I missing any thing?

Monster wrote:

ss7097 wrote:

Jeejay wrote:yes i agree.. i also filled half of my portfolio with ACME.. it has real value.. sum of our analysts hv given positive comments abt dis share on previous records of this forum. I realy wonder y its nt movin so far. da market seem to b at bottom price dis share, which is gud to collect nw.
I think here onward da share wil move in a short period..so pls dnt give up hope on dis share which is realy a HIDDEN GEM.

Hi Jeejay,

Can you share with others what grounds you say this is a Hidden Gem? We appreciate if you give us your findings.

I was trying figure out the valuation of ACME. But when I was looking at the interim reports, I was bit confused.

According Interim report ended 31st of December,
Nine month PAT ---> 8.68 mn --> EPS 0.43

But there is a discrepancy in the nine month proft total when I check the interim reports past three quarters.

Q1 --> (8,857,000) EPS (0.66)
Q2 --> (2,390,000) EPS (0.15)
Q3 --> 4,629,000 EPS 0.23

According to individual interim statement Nine month profit should be -6,618,000 and EPS should be -0.58

It's huge differents. Do any one noticed this or am I missing any thing?

Monster,

Note 2 Says :

Note 2

"Due to the mis-statement of accounts which were disclosed during the quarter ended 30/09/2010,adjustments were made
to the accounts as at 31/03/2010 and 30/09/2010. No further adjustments were necessary during the current period"



We need to study this more carefully to see that they have done.

Dhammikha perera possible to takeover ACME. Already takeover LALU both are same place and same mangement.

shan wrote: Dhammikha perera possible to takeover ACME. Already takeover LALU both are same place and same mangement.

Don't get me wrong, i remember you were telling this same song many times in this forum...
Eg:

http://forum.srilankaequity.com/t86-dhammika-perera-next-target-acme

http://forum.srilankaequity.com/t161-watch-stock-acme

Here are some information for you

"quated " - after the rights issue

Company did a Rights Issue on August and collected Rs 243,936,000
Out of these Funds a major portion will be allocated to settle the interest bearing Loans
Another portion will be used as working Capital

Main Points-Financial

Company/Group will be reducing Finance Cost Approx by 40 %
Since working capital is to be enhanced more and more Orders will be received and thereby
the turnover will be increased


Main Points-Technical

We Observe lot of Institunal Investments companies are investing in the ACME share.
(in 2009 -8 institunal and 2010- 12 institunal among the Top 20 Shareholdings)
The diversification of products in the industry is done by the company such as corrugated cartons ,
printed box boards woven PP sacks in addition to their main flexible packaging

There are many allied products which can be supplied to Tourism sector which company manufactured
This company may be taken over by an industry giant-(Possibility is very high, bcoz lot of compnies who are in the manufactoring process dont have packaging arm)

ACME is one of the shares that has not moved up in the Colombo Stock Exchange for Last 2 Years
(Except for 2010 , just before the rights issue upto maximum of Rs 45.50 )
YEAR 2011

BORROWINGS 658,712
FUNDS IN RIGHT ISSU 243,936
ADD TO WORKING 43,936
CAPITAL
SETTLE BORROWIN 200,000
BORROWINGS 458,712
(AFTER RIGHTS ISSUE)
AVERAGE INT RATE 16.50
(Some assumptions were made)

Negative Points.

Although rights issue funds was done , it didnt have a positive impact on its P&L statmnts,
Fraud done by Management of the company-(According to them this has been fully provided in the last quart results)
Pending legal issue pertaining to workers salary formula (Cost of living allowance ).
Investors attaraction is not focused on this .

and there are many more .....But .Do your own study and make your decesion
.If you want to get a analys(very small) done by me , drop me a mail to sunflower7526@gmail.com

Gud Luck

Many improvements are in place at the factory and new investment in high TECH. This is one company that will come up soon .
They will roll out low cost foil Orders from major companies in the local market .With these developments the qty of the sales will increase rocket and they will be able to complete with MEGA FOIL suppliers
Number of shares are listed in the top 20shareholder list.
I also like my name to be in this list very soon.

I Wonder why ACME is still not moved. The stock looks attractive at current levels
When we see increased demand for food and other consumer items there will be more demand for packaging in the future, Quality also has improved tremendously. Most of their customers are well established companies who produce international brands.
If their production and markets expands they need more packaging. That means ACME gets more orders. Most of the customers of ACME progressing in the improved business environment. Even BFL has to pack their chicken and value added products using packaging materials. That means "Good time" for ACME too as they will get more orders and ACME would certainly perform well.

Clovis hold 43.16% in #ACME . The major shareholders of the company are Clovis company ltd., Their main business is aluminium and steel which is owned by the Chandaria family trust. The group today has a turnover of approximately US$ 4.5 billion, and own nearly 250 companies worldwide.and in Sri Lanka they have invested in many other companies, most of which are performing well.
I have noticed in this forum some new members complained that they ignored ACME.
By fundamentals and future potential, I think these stocks are attractive at current prices. If you already have enough of these shares in your portfolio then you have nothing to worry.. Usually hot cakes move first, real gems move later on a solid and steady pace. Long term investors are generally slow to enter a bullish market .Actually ACME is a real gem only for wise investors . Do your own research before taking a decision.

Sana wrote:I Wonder why ACME is still not moved. The stock looks attractive at current levels
When we see increased demand for food and other consumer items there will be more demand for packaging in the future, Quality also has improved tremendously. Most of their customers are well established companies who produce international brands.
If their production and markets expands they need more packaging. That means ACME gets more orders. Most of the customers of ACME progressing in the improved business environment. Even BFL has to pack their chicken and value added products using packaging materials. That means "Good time" for ACME too as they will get more orders and ACME would certainly perform well.

Clovis hold 43.16% in #ACME . The major shareholders of the company are Clovis company ltd., Their main business is aluminium and steel which is owned by the Chandaria family trust. The group today has a turnover of approximately US$ 4.5 billion, and own nearly 250 companies worldwide.and in Sri Lanka they have invested in many other companies, most of which are performing well.
I have noticed in this forum some new members complained that they ignored ACME.
By fundamentals and future potential, I think these stocks are attractive at current prices. If you already have enough of these shares in your portfolio then you have nothing to worry.. Usually hot cakes move first, real gems move later on a solid and steady pace. Long term investors are generally slow to enter a bullish market .Actually ACME is a real gem only for wise investors . Do your own research before taking a decision.

are you a woker at ACME

ya ACME is a one of the best stock ..as you said still not mvoing well .. so we can buy even the market down acme not falling toomuch

and as you said clovis hold more than 50% LALU so Mr. Dammikka try to hold the LALU. He annouced Mandatrory offer for LALU but nobody try to sell him.. afterwords he will negotiate and will cross LALU very soon @ 70 level(may be)..

Then He will try to buy ACME also .. if clovis sell ACME to Damika then they don't like to hold ACME as well they will swap any other company..

ACME already tocuh 29 last few weeks ago .. now trading @ 22 or 23 level ..it is good prcie to collect..

PARQ also make a move with LALU , ACME vise versa.

wikum100 wrote:

Sana wrote:I Wonder why ACME is still not moved. The stock looks attractive at current levels
When we see increased demand for food and other consumer items there will be more demand for packaging in the future, Quality also has improved tremendously. Most of their customers are well established companies who produce international brands.
If their production and markets expands they need more packaging. That means ACME gets more orders. Most of the customers of ACME progressing in the improved business environment. Even BFL has to pack their chicken and value added products using packaging materials. That means "Good time" for ACME too as they will get more orders and ACME would certainly perform well.

Clovis hold 43.16% in #ACME . The major shareholders of the company are Clovis company ltd., Their main business is aluminium and steel which is owned by the Chandaria family trust. The group today has a turnover of approximately US$ 4.5 billion, and own nearly 250 companies worldwide.and in Sri Lanka they have invested in many other companies, most of which are performing well.
I have noticed in this forum some new members complained that they ignored ACME.
By fundamentals and future potential, I think these stocks are attractive at current prices. If you already have enough of these shares in your portfolio then you have nothing to worry.. Usually hot cakes move first, real gems move later on a solid and steady pace. Long term investors are generally slow to enter a bullish market .Actually ACME is a real gem only for wise investors . Do your own research before taking a decision.

are you a woker at ACME

are u mad...u neednot work at ACME to analyse their company! v onli need analytical skills ok.

Sana wrote:

wikum100 wrote:

Sana wrote:I Wonder why ACME is still not moved. The stock looks attractive at current levels
When we see increased demand for food and other consumer items there will be more demand for packaging in the future, Quality also has improved tremendously. Most of their customers are well established companies who produce international brands.
If their production and markets expands they need more packaging. That means ACME gets more orders. Most of the customers of ACME progressing in the improved business environment. Even BFL has to pack their chicken and value added products using packaging materials. That means "Good time" for ACME too as they will get more orders and ACME would certainly perform well.

Clovis hold 43.16% in #ACME . The major shareholders of the company are Clovis company ltd., Their main business is aluminium and steel which is owned by the Chandaria family trust. The group today has a turnover of approximately US$ 4.5 billion, and own nearly 250 companies worldwide.and in Sri Lanka they have invested in many other companies, most of which are performing well.
I have noticed in this forum some new members complained that they ignored ACME.
By fundamentals and future potential, I think these stocks are attractive at current prices. If you already have enough of these shares in your portfolio then you have nothing to worry.. Usually hot cakes move first, real gems move later on a solid and steady pace. Long term investors are generally slow to enter a bullish market .Actually ACME is a real gem only for wise investors . Do your own research before taking a decision.

are you a woker at ACME

are u mad...u neednot work at ACME to analyse their company! v onli need analytical skills ok.

its only a joke dont get angry bro..

CARE also a good share in the sector with good fundamentals........

mark wrote:CARE also a good share in the sector with good fundamentals........

Agreed. Company is under the good management and trading on lower PER. Good counter if we can collect below 120/-