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C. W. MACKIE PLC (CWM.N0000)

+26
100Bill
Kevinmikegrit
Kipling
spindain
THUWA
Teller
geesura
4Corners
Jaya sri
Mubin Mustafa
hiransilva23
Gainer
nimantha80
EquityChamp
Harry82
dhanurrox
gagamini
SHARK aka TAH
Sstar
Jiggysaurus
skyfall
Monster
Quibit
Analytic
anta_sl
DeepFreakingValue
30 posters

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1C. W. MACKIE PLC (CWM.N0000) Empty C. W. MACKIE PLC (CWM.N0000) Fri Jan 21, 2011 9:12 am

DeepFreakingValue

DeepFreakingValue
Manager - Equity Analytics
Manager - Equity Analytics

C.W. Mackie PLC is engaged in the export and sale of all grades of natural rubber, thick pale crepe rubber (TPC), ribbed smoked sheet rubber (RSS) and desiccated coconut. The Company's segments include Commodity Trading, Rubber based products manufacturing, Industrial products, Consumer goods and Other. The Company is also engaged in the import and wholesale distribution of sugar to industrial users. The Company imports and sells welding equipment and consumables and light engineering products, refrigeration and air-conditioning components. It is engaged in the import, sale/distribution of marine paints and protective coatings, and also in the import, manufacturing and distribution of branded fast-moving consumer goods (FMCG) products. It is engaged in the bottling of Sunquick range of fruit squashes and bottling of drinking water under Scan brand for domestic distribution. It also distributes products, including Scan Jumbo Peanuts and Kotagala Kahata Tea in the FMCG category.

CW Mackie (CWM) which is jointly controlled by Lankem (LCEY) and Kotagala Plantation company (KOTA) expected to have made a profit of approximately Rs 250mn for the year ended 31st December 2010 . Accordingly company's Earnings Per Share (EPS) would be in the range of Rs 6/= per shares.

If Share price is to reach Rs 125/= it means the Price Earnings Ratio (PER) would be in the vicinity of 21 times which will make CW Mackie to be considered to overvalued.

As per the shareholdings 3 major shareholders of the company namely Lankem, Kotagala and Dr Senthilveil control approximately 87% of the company leaving only about 5mn shares in the market.

Illiquidity of shares have frequently resulted in exorbitant share price movement in many companies, hence time only will tell us whether CW Mackie share would reach Rs 125/= or not!!!

2C. W. MACKIE PLC (CWM.N0000) Empty Re: C. W. MACKIE PLC (CWM.N0000) Sun Jan 23, 2011 7:05 pm

anta_sl


Stock Trader

What is the PER of CWM, how to calculate it. If you get the correct PER & EP cant you get the maximum expected value of the share

3C. W. MACKIE PLC (CWM.N0000) Empty Re: C. W. MACKIE PLC (CWM.N0000) Sun Jan 23, 2011 11:16 pm

Analytic

Analytic
Equity Analytic
Equity Analytic

Hey Anta, it's quite simple.

PER=price/earnings

CW Mackie market price = Rs 90/=

CW Mackie PER = Rs 90/Rs 6 = 15x

Market PER is approx 20x

Lower PER .better the share is.

CW Mackie value based on market PER is = 20 X Rs 6 = Rs 120/=

Hope this helps...

http://www.srilankaequity.com

4C. W. MACKIE PLC (CWM.N0000) Empty Re: C. W. MACKIE PLC (CWM.N0000) Wed Jan 26, 2011 12:58 pm

Quibit


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

CW Mackie is getting closer to Rs 125/=. Lets watch and see whether it will go pass this.

5C. W. MACKIE PLC (CWM.N0000) Empty Re: C. W. MACKIE PLC (CWM.N0000) Thu May 05, 2011 10:54 pm

Monster

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

Interim report ended March 2011 is released.
http://www.cse.lk/cmt/upload_report_file/765_1304596484751.pdf

Group profit has improved compare to the previous quarter. During last 4 quarters company has earned Rs212.97 million. Basic earning per share is Rs5.92.

According to the current market price (Rs83.90) P/E ratio is 14.18

6C. W. MACKIE PLC (CWM.N0000) Empty Re: C. W. MACKIE PLC (CWM.N0000) Fri Apr 11, 2014 11:33 am

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Trading at a bargain level. Dr T bought this over 90 per share. Dividend announcement at the corner. Now trading sub 60s. Not many shares in the market. They have a leasehold land close to lakehouse where all the Casino drama gonna make a move.

7C. W. MACKIE PLC (CWM.N0000) Empty Re: C. W. MACKIE PLC (CWM.N0000) Fri Apr 11, 2014 11:55 am

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

This is an underdog.

8C. W. MACKIE PLC (CWM.N0000) Empty Re: C. W. MACKIE PLC (CWM.N0000) Fri Apr 11, 2014 1:00 pm

Jiggysaurus

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

skyfall wrote:Trading at a bargain level. Dr T bought this over 90 per share. Dividend announcement at the corner. Now trading sub 60s. Not many shares in the market. They have a leasehold land close to lakehouse where all the Casino drama gonna make a move.

It is a bit of a bargain but Doca bought this for only 35 a share. He can dump at a profit to recover his craphouse investments. That leasehold land the lease runs out in 2024 they will need to do a jilmart otherwise UDA will takeover in 2024.

9C. W. MACKIE PLC (CWM.N0000) Empty Re: C. W. MACKIE PLC (CWM.N0000) Fri Apr 11, 2014 2:32 pm

Sstar

Sstar
Vice President - Equity Analytics
Vice President - Equity Analytics

CW Mackie is bit worried about the future of Sunquick Sales due to competition from RTD Fruit Juice manufacturers. That why they wanted to invest in KVC. They are also looking to expand their Scan water Bottling Operations. It all depends on how they are going to face the ever increasing competition.

BTW, Dr S has substantially reduced his holdings from his initial position. He sold it around Rs 90/= levels.

10C. W. MACKIE PLC (CWM.N0000) Empty Re: C. W. MACKIE PLC (CWM.N0000) Fri Apr 11, 2014 4:54 pm

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Dr S has not reduced his stake.

11C. W. MACKIE PLC (CWM.N0000) Empty Re: C. W. MACKIE PLC (CWM.N0000) Fri Apr 11, 2014 5:58 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert

skyfall wrote:Dr S has not reduced his stake.
Who is that Dental Doctor you are refering to. He is a Joker  Very Happy 

12C. W. MACKIE PLC (CWM.N0000) Empty Re: C. W. MACKIE PLC (CWM.N0000) Thu Apr 17, 2014 11:33 am

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

SHARK wrote:
skyfall wrote:Dr S has not reduced his stake.
Who is that Dental Doctor you are refering to. He is a Joker  Very Happy 
Of course he did some mistakes but he's not a joker mate. Dont criticise people that easily

13C. W. MACKIE PLC (CWM.N0000) Empty Re: C. W. MACKIE PLC (CWM.N0000) Thu Apr 17, 2014 11:35 am

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

CWM dividend due soon.

14C. W. MACKIE PLC (CWM.N0000) Empty Re: C. W. MACKIE PLC (CWM.N0000) Mon Apr 21, 2014 11:48 am

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

skyfall wrote:CWM dividend due soon.
Only few weeks to go. Company should perform better in this year.

15C. W. MACKIE PLC (CWM.N0000) Empty Re: C. W. MACKIE PLC (CWM.N0000) Fri Apr 25, 2014 7:39 pm

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

skyfall wrote:
skyfall wrote:CWM dividend due soon.
Only few weeks to go. Company should perform better in this year.
Break the Rs60 barrier few times today. Way undervalued at these levels.

16C. W. MACKIE PLC (CWM.N0000) Empty Re: C. W. MACKIE PLC (CWM.N0000) Sat Apr 26, 2014 7:34 am

gagamini


Manager - Equity Analytics
Manager - Equity Analytics

skyfall wrote:
skyfall wrote:
skyfall wrote:CWM dividend due soon.
Only few weeks to go. Company should perform better in this year.
Break the Rs60 barrier few times today. Way undervalued at these levels.

CWM is coming under CFLB group and eventhough this share has a higher value , unprofessional reporting of this group has led all the shares under above group to underperform and stagnate .



17C. W. MACKIE PLC (CWM.N0000) Empty Re: C. W. MACKIE PLC (CWM.N0000) Wed Apr 30, 2014 4:49 pm

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Dividend announcement due next month. This was trading high 90s before heading south. Glad to see now people realising the true value again

18C. W. MACKIE PLC (CWM.N0000) Empty Re: C. W. MACKIE PLC (CWM.N0000) Fri May 02, 2014 10:54 am

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Still not too late to buy CMW. Still a Long way to go.

19C. W. MACKIE PLC (CWM.N0000) Empty Re: C. W. MACKIE PLC (CWM.N0000) Mon May 05, 2014 10:57 am

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

skyfall wrote:Still not too late to buy CMW. Still a Long way to go.
This is really warming up now.

20C. W. MACKIE PLC (CWM.N0000) Empty Re: C. W. MACKIE PLC (CWM.N0000) Mon May 12, 2014 9:43 am

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

You wont see these prices for sometimes. We can expect a good dividend this time. CWM was trading above Rs90 for long and only the bear market has dragged the price down. Turnover has improved alot since then. This group has a bad patch but now recovered really well.

21C. W. MACKIE PLC (CWM.N0000) Empty Re: C. W. MACKIE PLC (CWM.N0000) Mon May 19, 2014 9:46 am

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

skyfall wrote:Still not too late to buy CMW. Still a Long way to go.
Once the current seller gone, this will be be heading north. Dont think he has lot to sell.

22C. W. MACKIE PLC (CWM.N0000) Empty Re: C. W. MACKIE PLC (CWM.N0000) Wed May 28, 2014 1:09 am

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

skyfall wrote:
skyfall wrote:CWM dividend due soon.
Only few weeks to go. Company should perform better in this year.

http://www.cse.lk/cmt/upload_report_file/765_1401183504155.pdf

Really good results from CWM.
People go after miracles while forgetting bargains.

23C. W. MACKIE PLC (CWM.N0000) Empty Re: C. W. MACKIE PLC (CWM.N0000) Wed May 28, 2014 5:43 am

dhanurrox


Vice President - Equity Analytics
Vice President - Equity Analytics

Dividend will come soon.I didn't touch yet because greedy breaks applied.Waiting till they have enough around 60.

24C. W. MACKIE PLC (CWM.N0000) Empty Re: C. W. MACKIE PLC (CWM.N0000) Thu May 29, 2014 10:14 am

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

dhanurrox wrote:Dividend will come soon.I didn't touch yet because greedy breaks applied.Waiting till they have enough around 60.
Yes dividend is not far. Agree need to clear few small sellers around 60.
Buying pressure is slowly coming. This is now ready to north.
Very impressive results.

25C. W. MACKIE PLC (CWM.N0000) Empty Re: C. W. MACKIE PLC (CWM.N0000) Thu May 29, 2014 10:25 am

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Rs 3.00 Dividend ?

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