HAYCARB PLC

Haycarb will trade 270-280 level until clue of Q2 results. Definitely they will pass 2.2 bn within 6 months. will reach to 350+ level within 3 months.

Haycarb started the journey. Do not miss it.

Out of 100,927 shares traded yesterday (20/08/20) 43,499  were bought by foreigners. Time to get into bus before too late

Will pass 290 level in coming week.

Haycarb & Dipp wll be super counters.

Hi all,

I invite all investors to invest into HAYC and DIPD using Barbel theory, in which everyone can realize best returns more 20% in Short Run and beyond 50% in the long run. It is due to following considerations;

1. High positive correlation with COVID19 demand generation and DIPD is not taking anymore new orders for current FY as they have filled with full production capacity. Currently, DIPD is expanding the capacities due to high demand with incremental requirements for gloves and related products

2. HAYC has grown in profits through efficiencies in stock management by maintaining almost 6~9 months stock levels, where now new stocks are with much higher prices in the market, resulting them to increase sale price hedged to old stocks maintained

3. Also, high demand for GOLD stemming from COVID19 again positively correlated to HAYC profitability, the company produces ACTIVE CARBON which is used to separate gold. This has generated an incremental demand spiked as a result of GOLD demand

Considering above facts, both companies have already delivered historically highest profits in past quarter and outlook is highly lucrative.Therefore, investing in large parcels would reap you safe and super profits

Good Luck

ONTHEMONEY wrote:Hi all,

I invite all investors to invest into HAYC and DIPD using Barbel theory, in which everyone can realize best returns more 20% in Short Run and beyond 50% in the long run. It is due to following considerations;

1. High positive correlation with COVID19 demand generation and DIPD is not taking anymore new orders for current FY as they have filled with full production capacity. Currently, DIPD is expanding the capacities due to high demand with incremental requirements for gloves and related products

2. HAYC has grown in profits through efficiencies in stock management by maintaining almost 6~9 months stock levels, where now new stocks are with much higher prices in the market, resulting them to increase sale price hedged to old stocks maintained

3. Also, high demand for GOLD stemming from COVID19 again positively correlated to HAYC profitability, the company produces ACTIVE CARBON which is used to separate gold. This has generated an incremental demand spiked as a result of GOLD demand

Considering above facts, both companies have already delivered historically highest profits in past quarter and outlook is highly lucrative.Therefore, investing in large parcels would reap you safe and super profits

Good Luck  

Thank you for sharing your knowledge and recommending these two shares. I benefited from both shares. Agree with your recommendation , I also think both these two shares will go up further. DIPD 200/=  , HAYC 350 - 400/= based on their current earnings.

ONTHEMONEY wrote:Hi all,

I invite all investors to invest into HAYC and DIPD using Barbel theory, in which everyone can realize best returns more 20% in Short Run and beyond 50% in the long run. It is due to following considerations;

1. High positive correlation with COVID19 demand generation and DIPD is not taking anymore new orders for current FY as they have filled with full production capacity. Currently, DIPD is expanding the capacities due to high demand with incremental requirements for gloves and related products

2. HAYC has grown in profits through efficiencies in stock management by maintaining almost 6~9 months stock levels, where now new stocks are with much higher prices in the market, resulting them to increase sale price hedged to old stocks maintained

3. Also, high demand for GOLD stemming from COVID19 again positively correlated to HAYC profitability, the company produces ACTIVE CARBON which is used to separate gold. This has generated an incremental demand spiked as a result of GOLD demand

Considering above facts, both companies have already delivered historically highest profits in past quarter and outlook is highly lucrative.Therefore, investing in large parcels would reap you safe and super profits

Good Luck  

Yeah agree. DIPD is likely to break its all time high of 220/= within 2 months. HAYC also having very great time. Positive outlook for both of them.

Haycarb will hit 2.2+ bn profit for six months.

Haycarb will pass 300 level today.

arun.cse wrote:Haycarb will hit 2.2+ bn profit for six months.

 
ohhh  if so, share shoul be trade above 400.00

Agreed on above all

Hi all,

The KEY INFORMATION FOR FUTURE GROWTH was extracted by a recent research report published on #HAYC. 

1. One of the world's leading suppliers of coconut shell activated carbon: The group accounted for over 16% of the global market share

2. Focus on capacity expansion: HAYC increased its manufacturing capacity from 37,000 to 45,000 MT per annum during FY2017/18 whilst enhancing and upgrading technology and value addition facilities. They continuously focus on capacity expansion in order to maintain its leading position in the activated carbon industry. 

3. Growing demand for coconut shell activated carbon: Global Demand for coconut shell activated carbon is currently at an all-time high. The global activated carbon market is projected to reach USD 8.1 billion by 2021 at a CAGR of 9.4%.

Expected Market Value of HAYC


Group Profit for 2019 = Rs 1,766Mn
EPS for 2019             = Rs 52/- per share

Group Profit for 1Q20 = Rs 826Mn
EPS for 1Q20             = Rs 23/- per share

EPS annualized for 2020 = Rs 92/- per share [Rs 23X4]
Expected Market Value @ 8 PE multiples = Rs 736/- [Rs 92 X 8]


Note - It is not a BUY recommendation. Please do your own analysis before buying.


Good Luck

ONTHEMONEY wrote:Hi all,

The KEY INFORMATION FOR FUTURE GROWTH was extracted by a recent research report published on #HAYC. 

1. One of the world's leading suppliers of coconut shell activated carbon: The group accounted for over 16% of the global market share

2. Focus on capacity expansion: HAYC increased its manufacturing capacity from 37,000 to 45,000 MT per annum during FY2017/18 whilst enhancing and upgrading technology and value addition facilities. They continuously focus on capacity expansion in order to maintain its leading position in the activated carbon industry. 

3. Growing demand for coconut shell activated carbon: Global Demand for coconut shell activated carbon is currently at an all-time high. The global activated carbon market is projected to reach USD 8.1 billion by 2021 at a CAGR of 9.4%.

Expected Market Value of HAYC


Group Profit for 2019 = Rs 1,766Mn
EPS for 2019             = Rs 52/- per share

Group Profit for 1Q20 = Rs 826Mn
EPS for 1Q20             = Rs 23/- per share

EPS annualized for 2020 = Rs 92/- per share [Rs 23X4]
Expected Market Value @ 8 PE multiples = Rs 736/- [Rs 92 X 8]


Note - It is not a BUY recommendation. Please do your own analysis before buying.


Good Luck

Dear Onthemoney

As per the my calculation, it's Annualized EPS should be > Rs.125. You will realize this with Q2 results.
Even though share price does not adjust with sector PE, it is sure it will reach Rs.400.
Further, it is a good dividend paying company.

Also, do not forget DIPD also..

Win Win wrote:

ONTHEMONEY wrote:Hi all,

The KEY INFORMATION FOR FUTURE GROWTH was extracted by a recent research report published on #HAYC. 

1. One of the world's leading suppliers of coconut shell activated carbon: The group accounted for over 16% of the global market share

2. Focus on capacity expansion: HAYC increased its manufacturing capacity from 37,000 to 45,000 MT per annum during FY2017/18 whilst enhancing and upgrading technology and value addition facilities. They continuously focus on capacity expansion in order to maintain its leading position in the activated carbon industry. 

3. Growing demand for coconut shell activated carbon: Global Demand for coconut shell activated carbon is currently at an all-time high. The global activated carbon market is projected to reach USD 8.1 billion by 2021 at a CAGR of 9.4%.

Expected Market Value of HAYC


Group Profit for 2019 = Rs 1,766Mn
EPS for 2019             = Rs 52/- per share

Group Profit for 1Q20 = Rs 826Mn
EPS for 1Q20             = Rs 23/- per share

EPS annualized for 2020 = Rs 92/- per share [Rs 23X4]
Expected Market Value @ 8 PE multiples = Rs 736/- [Rs 92 X 8]


Note - It is not a BUY recommendation. Please do your own analysis before buying.


Good Luck

Dear Onthemoney

As per the my calculation, it's Annualized EPS should be > Rs.125. You will realize this with Q2 results.
Even though share price does not adjust with sector PE, it is sure it will reach Rs.400.
Further, it is a good dividend paying company.

Also, do not forget DIPD also..

Hi win win give me an idea of DIPD what do you think of the price movement?? will this worth to buy @ this current price 198 ?? heard that this will move above 220 is it possible??

Okay directors are buying @current prices.

judecroos wrote:

Win Win wrote:

ONTHEMONEY wrote:Hi all,

The KEY INFORMATION FOR FUTURE GROWTH was extracted by a recent research report published on #HAYC. 

1. One of the world's leading suppliers of coconut shell activated carbon: The group accounted for over 16% of the global market share

2. Focus on capacity expansion: HAYC increased its manufacturing capacity from 37,000 to 45,000 MT per annum during FY2017/18 whilst enhancing and upgrading technology and value addition facilities. They continuously focus on capacity expansion in order to maintain its leading position in the activated carbon industry. 

3. Growing demand for coconut shell activated carbon: Global Demand for coconut shell activated carbon is currently at an all-time high. The global activated carbon market is projected to reach USD 8.1 billion by 2021 at a CAGR of 9.4%.

Expected Market Value of HAYC


Group Profit for 2019 = Rs 1,766Mn
EPS for 2019             = Rs 52/- per share

Group Profit for 1Q20 = Rs 826Mn
EPS for 1Q20             = Rs 23/- per share

EPS annualized for 2020 = Rs 92/- per share [Rs 23X4]
Expected Market Value @ 8 PE multiples = Rs 736/- [Rs 92 X 8]


Note - It is not a BUY recommendation. Please do your own analysis before buying.


Good Luck

Dear Onthemoney

As per the my calculation, it's Annualized EPS should be > Rs.125. You will realize this with Q2 results.
Even though share price does not adjust with sector PE, it is sure it will reach Rs.400.
Further, it is a good dividend paying company.

Also, do not forget DIPD also..

Hi win win give me an idea of DIPD what do you think of the price movement?? will this worth to buy @ this current price 198 ?? heard that this will move above 220 is it possible??

Dear J
According to my calculation, it should be passed Rs.250 level at this circumstances. Annualized EPR is Rs.65 (May be above). I do not say to buy. But, think and compare with other counters.
According to my feelings & calculations, DIPD & HAYC are worth at current prices to earn 25% return !! If you invest in these two, buy from both by using your allocated cash. Another 1 & 1/2 months, they will give a good dividend also as per past experience.

Both Dipped and Haycarb have been consolidating for a while now. They are ready for their next run. With the next Financials these two will definitely give minimum 20% return, and i agree with @win win. I expect a good dividend for the F/Y 2020/21 !

ONTHEMONEY wrote:Hi all,

The KEY INFORMATION FOR FUTURE GROWTH was extracted by a recent research report published on #HAYC. 

1. One of the world's leading suppliers of coconut shell activated carbon: The group accounted for over 16% of the global market share

2. Focus on capacity expansion: HAYC increased its manufacturing capacity from 37,000 to 45,000 MT per annum during FY2017/18 whilst enhancing and upgrading technology and value addition facilities. They continuously focus on capacity expansion in order to maintain its leading position in the activated carbon industry. 

3. Growing demand for coconut shell activated carbon: Global Demand for coconut shell activated carbon is currently at an all-time high. The global activated carbon market is projected to reach USD 8.1 billion by 2021 at a CAGR of 9.4%.

Expected Market Value of HAYC


Group Profit for 2019 = Rs 1,766Mn
EPS for 2019             = Rs 52/- per share

Group Profit for 1Q20 = Rs 826Mn
EPS for 1Q20             = Rs 23/- per share

EPS annualized for 2020 = Rs 92/- per share [Rs 23X4]
Expected Market Value @ 8 PE multiples = Rs 736/- [Rs 92 X 8]


Note - It is not a BUY recommendation. Please do your own analysis before buying.


Good Luck

Hi All, 

I have considered the PE multiples @ 8 for above computation which is below the current market PE [9.25] 

Hence, based on the earnings potential i strongly feel, having a GLOBAL MARKET SHARE OF 16%, we have to invest in HAYC with a LONG TERM RETURNS POTENTIAL. 


I still justify the ESTIMATED MARKET VALUE BEYOND RS 730/- for this share.

Good Luck

Hi all,

What more to ask when you see the HAYC MANAGING DIRECTOR BUYING @ Rs 295~300 levels. No donkey needs anymore verification about the performance. 

Check this out. He has bought 30,000 shares
https://cdn.cse.lk/cmt/announcement_portal_prod/Haycarb%20PLC%20Mr%20Kariyawasan%2014%20Sep%202020_10844660745165089.pdf

Good Luck everyone

Haycarb 400+
Dipp 300+

Hi all,

HAYC is the only SRI LANKAN company having a substantial MARKET SHARE OF 16% in a GLOBAL SCALE. 

I believe, HAYC should be evaluated with global brands such as how APPLE, IBM, AMAZON, COKE, etc. are considered in their respective industries. Sri Lanka is blessed to have a such large player in this small country.

Good Luck

As my gut feeling haycarb will exceed 55 EPS for 6 month.

HAYC should trade over 500.00 (expect 100 EPS for the year)
DIPD should trade over 300.00  ( expect 50.00 EPS for the year) 

happy trading and enjoy good dividend

arun.cse wrote:As my gut feeling haycarb will exceed 55 EPS for 6 month.

Hi arun.cse,

I also admit the profit for the quarter would be more than Rs 1.2Bn and EPS for the quarter ending 2Q20 would be Rs 35/-

So agree with you. the 6 months EPS would be more than Rs 55/- [1Q - 23 + 2Q - 35] for sure. 

Good Luck

ONTHEMONEY wrote:

arun.cse wrote:As my gut feeling haycarb will exceed 55 EPS for 6 month.

Hi arun.cse,

I also admit the profit for the quarter would be more than Rs 1.2Bn and EPS for the quarter ending 2Q20 would be Rs 35/-

So agree with you. the 6 months EPS would be more than Rs 55/- [1Q - 23 + 2Q - 35] for sure. 

Good Luck

25 per quarter is fair enough

Demand for activated carbon or charcoal has increased manyfold world over after the corona outbreak. Activated carbon is presently used in facemasks to filter bacterias/viruses in addition to its established use in Air/water purification, health supplement (detoxification) etc.

 Haycarb controls nearly 16% of the global market share for activated carbon. The products heavy demand has seen Haycarb recording an unprecedented growth in profits reflected by it eps averaging 25/= per quarter.

Haycarb share price is sure to surpass 500 level very soon.

hope 340 level in coming week

arun.cse wrote:hope 340 level in coming week

In my opinion its a gross underestimate of the shares potential. A stock split is the need of the hour.

Beta1 wrote:HAYC should trade over 500.00 (expect 100 EPS for the year)
DIPD should trade over 300.00  ( expect 50.00 EPS for the year) 

happy trading and enjoy good dividend

Hi all,

Another positive for DIPD and HAYC recent purchase of large quantities by Directors and CEO 


Dealings by non-executive director. Purchased 15000 shares of DIPD at 187/- levels [https://cdn.cse.lk/cmt/announcement_portal_prod/RN_4839099273655635.pdf]




HAYC CEO buying DIPD shares 90,000 186~-188 level[ https://cdn.cse.lk/cmt/announcement_portal_prod/HSR_10959526680618473.pdf]



Recently, HACY CEO also purchased 30,000 shares around Rs 295~299 level
[https://cdn.cse.lk/cmt/announcement_portal_prod/Haycarb%20PLC%20Mr%20Kariyawasan%2014%20Sep%202020_10844660745165089.pdf]

What more to justify earnings potential. 

Good Luck