FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post


ADVERTISE
Poll

EXCHANGE RATE PREDICTION: 2022

 
 
 
 

View results

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» LOFC Future
by crs Today at 7:51 am

» BIL again possible make right issue, confirmed via past patterns, don't afraid,.
by invest thinker Today at 12:44 am

» The world- Including Sri Lanka started to feel the pinch of the Russia- Ukraine war
by reyaz Today at 12:12 am

» Technical update 03/10/2022 - Maharaja
by Maharaja Yesterday at 9:29 pm

» SEC nets big sharks; more prosecutions soon
by CHRONICLE™ Yesterday at 2:51 pm

» ASPI 10000, Still a Long Way to Go
by sojsilva Yesterday at 11:48 am

» RAL UNTOLD STORY, KEEPING TOUCH
by blindhog Yesterday at 11:29 am

» Expolanka Promoter - The Capital Trust Securities WATCH OUT!!!
by ADVENTUS Fri Sep 30, 2022 2:19 pm

» PLR (Prime Lands )Next Value counter.. Fair Value Rs 20
by Citizen Silva Fri Sep 30, 2022 1:47 pm

» SOFTLOGIC CAPITAL PLC (SCAP.N0000)
by Rational Investor Fri Sep 30, 2022 11:49 am

» RGEM. A real gem in the market
by skyfall Fri Sep 30, 2022 11:24 am

» WHAT ARE YOUR GOOD OL' DIVIDEND STOCKS?- NOW IS THE TIIME TO INCREASE YOUR STAKE IN THEM
by ADVENTUS Thu Sep 29, 2022 2:42 pm

» FCT.N & CFVF
by nish84 Wed Sep 28, 2022 10:06 pm

» HAPUGASTENNE PLANTATIONS PLC(HAPU.N0000) TP Rs140
by cheetah Wed Sep 28, 2022 9:31 pm

» RHL (Renuka Holdings)
by skyfall Wed Sep 28, 2022 11:51 am

» KOTA is the future gem
by suku502 Wed Sep 28, 2022 11:10 am

» COCR......GOOD TIME TO ENTER
by suku502 Wed Sep 28, 2022 10:46 am

» ACL 200++ AND LCBF 5+++
by Stockbull Wed Sep 28, 2022 9:27 am

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by LHW Wed Sep 28, 2022 7:47 am

» CAL - Possible multi bagger
by bkasun Tue Sep 27, 2022 4:06 pm

EXPERT CHRONICLE™

MARKET CHAT


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » ACME PRINTING & PACKAGING PLC (ACME.N0000)

ACME PRINTING & PACKAGING PLC (ACME.N0000)

+104
ThilinaM
karuna2
nuwanmja
wisdom79
hammurabi
KOLAA
sanjulanka
SECsux
nandanaskumara
DHAVER88
nishjaya
Ryan Hudson
happybulls
m2_yapa
EquityChamp
SLBOY
A+
ravi88
troy
VALUEPICK
Senior Citizen
hawklk
lossorgain
nimantha80
Teller
Yahapalanaya
fireshelter
sampath.anuradha
IO3+O
mdcpk1975
SM2014
KPP
spr@cse
aiyosalli
sudheeee
Thinker
CSE1
RPPA
gayanath1983
NZ BOY
Thushara Ayya
sahan8896
HaPan
UAEBOY
gamaya
stumpy
raa
AAABoy
A2Z
FXX
charith82
wsaman
Leo
Chinwi
amilaela
opfdo
gossipman1
Market Sucker
kelum
Kumar
Hawk Eye
mra
Light of Hope
prasa2004
kaka
monash
econ
adv
Appuhamy
watchdog123
Anura1234
rishanpossitive
Universalgoal
coolkane
godswen
CSE.SAS
reez
Berryfund
bakapandithaya
stockanalytic
Roboticfx
Genting
cse.alpha
ABEST
mbuddhika
zaman.my31@gmail.com
kelumhewage
mark
Jana
wikum100
Sana
chamith
Monster
ss7097
Fresher
Jeejay
soileconomy
shan
watch
Slstock
sapumal
smallville
RDS
deen
108 posters

Go to page : Previous  1, 2, 3, 4, 5, 6, 7, 8, 9, 10  Next

Go down  Message [Page 8 of 10]

Senior Citizen


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

See the financials for 31/03/2015. The losses are unbearable.

I thought this company will re-cooperate quickly after the drastic measure that were taken. No way.

This company is doomed and anyone having large quantities should sell ASAP.

The real situation is this:

85 employees were sent on VRS which cost 77 mio.
Trade debtors have increased by 9 mio.
Inventories increased by 42 mi,o.
They are selling the products at almost cost. 
Gross Profit less than 10%
Interest paid 129 mio.

I think the Morale and leadership is poor and they need a better team!

troy


Moderator
Moderator

see the final quarter. Now the story is different.  will do a analysis on this and publish it shortly.

Senior Citizen


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

troy wrote:see the final quarter. Now the story is different.  will do a analysis on this and publish it shortly.

I don't think the three months figures are good enough.
The leaks are not fully plugged and the profits are bleeding due to the high borrowings of 934 million. 

Moreover, there is a greater risk of solvency.

The monthly reveune is 93 mio. Vs the trade debtors are 397 mio. That works out to 4.5 months credit sales. Which company can afford to give credit to that extent. 
This means that ACME is forced to stick to a clientale that would accept their (UN) quality products and get orders ONLY due to their bargain prices. 

How long can they do this. The debtors will will increase. I say that what is happening there is that there are market returns not booked and reduced from the sales and also rejected materials still lying with the customers and not accounted for.

Once those entries are done there will be greater write off of materials over 200 million in year 2015/2016. Already 42 million written off in 2014/15 and that is quite high for a small company with sale of just 1 billion.

So forum members , be aware and avoid this share. Also, big investors please take over this good business and we shall help you with the investments.

They have some BIG clients!



Last edited by Senior Citizen on Fri Jun 26, 2015 2:54 pm; edited 1 time in total

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

last few weeks collection happened upto 10.Someone wants more and came with this thread.this will run again above 10.

hawklk


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

CLOVIS COMPANY LIMITED 

1. It the major shareholder of ACME
2. It is the major shareholder of LANKA ALUMINIUM INDUSTRIES PLC

The second high shareholder of LANKA ALUMINIUM INDUSTRIES PLC is MR. K. D. D. PERERA

My search for CLOVIS COMPANY LIMITED is turning up blank. Clues are it is a off shore trust fund or company. 

Anybody got any info on CLOVIS COMPANY LIMITED ?

ACME is actively trading despite these financial issues

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

hawklk wrote:CLOVIS COMPANY LIMITED 

1. It the major shareholder of ACME
2. It is the major shareholder of LANKA ALUMINIUM INDUSTRIES PLC

The second high shareholder of LANKA ALUMINIUM INDUSTRIES PLC is MR. K. D. D. PERERA

My search for CLOVIS COMPANY LIMITED is turning up blank. Clues are it is a off shore trust fund or company. 

Anybody got any info on CLOVIS COMPANY LIMITED ?

ACME is actively trading despite these financial issues
you started this and isnt it better to change the topic.10+ im selling

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

hawklk wrote:CLOVIS COMPANY LIMITED 

1. It the major shareholder of ACME
2. It is the major shareholder of LANKA ALUMINIUM INDUSTRIES PLC

The second high shareholder of LANKA ALUMINIUM INDUSTRIES PLC is MR. K. D. D. PERERA

My search for CLOVIS COMPANY LIMITED is turning up blank. Clues are it is a off shore trust fund or company. 

Anybody got any info on CLOVIS COMPANY LIMITED ?

ACME is actively trading despite these financial issues
you started this and isnt it better to change the topic.10+ im selling

hawklk


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

nimantha80 wrote:
hawklk wrote:CLOVIS COMPANY LIMITED 

1. It the major shareholder of ACME
2. It is the major shareholder of LANKA ALUMINIUM INDUSTRIES PLC

The second high shareholder of LANKA ALUMINIUM INDUSTRIES PLC is MR. K. D. D. PERERA

My search for CLOVIS COMPANY LIMITED is turning up blank. Clues are it is a off shore trust fund or company. 

Anybody got any info on CLOVIS COMPANY LIMITED ?

ACME is actively trading despite these financial issues
you started this and isnt it better to change the topic.10+ im selling

Yes I started this topic to educate the members not because I have "Piles". I do not hold ACME to sell at 10+ or buy at -8 and I am not promoting ACME or demoting. This is just for information so that members are aware of it.

I do mot earn money by doing posting like this. Just the satisfaction that I was of some use to this forum.

So, "nimantha80" appreciate if you be more positive rather than being sarcastic

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

your topic title is not suitable If u r nutral

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

ACME is another loss making company pushed by some interested parties.

186ACME PRINTING & PACKAGING PLC (ACME.N0000) - Page 8 Empty ACME playing Thu Oct 22, 2015 10:09 am

troy

troy
Moderator
Moderator

Started again... may be toy a ACME day. good for day trading (7-8%) gain will be possible Laughing

gayanath1983

gayanath1983
Vice President - Equity Analytics
Vice President - Equity Analytics

troy wrote:Started again... may be toy a ACME day. good for day trading (7-8%) gain will be possible Laughing

aththada...? Shocked Shocked Shocked   Laughing Laughing Laughing

troy

troy
Moderator
Moderator

today might be the  day.. something fishy happening

ravi88


Stock Trader

Today ACME share volume & trade volume high why?

deen


Senior Equity Analytic
Senior Equity Analytic

Yahapalanaya wrote:ACME is another loss making company pushed by some interested parties.
Is ACME still lose makeing company?

A+


Manager - Equity Analytics
Manager - Equity Analytics

ACME can go up to 8+. My analysis points out.

deen


Senior Equity Analytic
Senior Equity Analytic

A+ wrote:ACME can go up to 8+. My analysis points out.
Is it good price to buy ACME?

A+


Manager - Equity Analytics
Manager - Equity Analytics

It is worth to try to buy 7/- or below. ACME & ALUF have a positive co-relationship. ALUF has moved pass 40/- and probably reaching 50/- so can hope that ACME can move high.

Sana


Senior Equity Analytic
Senior Equity Analytic

A+ wrote:It is worth to try to buy 7/- or below. ACME & ALUF have a positive co-relationship. ALUF has moved pass 40/- and probably reaching 50/- so can hope that ACME can move high.
Is ACME future gem?

A+


Manager - Equity Analytics
Manager - Equity Analytics

I am not bothered of gems or stones but whiffing the possibilities. By looking at the order book and how it changes suddenly will tell you a story. Could be a fairy tail but end of the day all will going to end happily.

A+


Manager - Equity Analytics
Manager - Equity Analytics

Just now also I witnessed some one place a buy order for 1 million shares @ 7.50 and then removed it. Why he or they are playing cat & mouse game here.

A+


Manager - Equity Analytics
Manager - Equity Analytics

ACME is on air again. I predict it will reach 8.00 today according to order book behavior.

Sana


Senior Equity Analytic
Senior Equity Analytic

Basketball Basketball Basketball cherry cherry
A+ wrote:ACME is on air again. I predict it will reach 8.00 today according to order book behavior.

SLBOY


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Very Happy

A+


Manager - Equity Analytics
Manager - Equity Analytics

ACME again a buyer came @ 7.50. Doing hora-police.

deen


Senior Equity Analytic
Senior Equity Analytic

A+ wrote:ACME again a buyer came @ 7.50. Doing hora-police.
Why this hide and seek
Arrow

EquityChamp

EquityChamp
Moderator
Moderator

Seller @ 7.50 ???

EquityChamp

EquityChamp
Moderator
Moderator

ACME actually have improved their performance. They have generated operating profit in the last quarter. Only due to finance cost they made losses now. If somehow they can reduce the interest bearing borrowings then company will be PAT positive.

204ACME PRINTING & PACKAGING PLC (ACME.N0000) - Page 8 Empty ACME,will it touch 9? Fri Aug 05, 2016 1:44 pm

Jeejay


Senior Equity Analytic
Senior Equity Analytic

I have holding certain quantity what shall I do now..
Any good news...

m2_yapa

m2_yapa
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Hi hi it will fly once they all shares available as possible. Collection is very clearly visible in these days

Back to top  Message [Page 8 of 10]

Go to page : Previous  1, 2, 3, 4, 5, 6, 7, 8, 9, 10  Next

Permissions in this forum:
You cannot reply to topics in this forum