C. W. MACKIE PLC (CWM.N0000)

gagamini · 21 Re: C. W. MACKIE PLC (CWM.N0000) Sat Apr 26, 2014 7:34 am

gagamini

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@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 .

skyfall · 22 Re: C. W. MACKIE PLC (CWM.N0000) Wed Apr 30, 2014 4:49 pm

skyfall

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

skyfall · 23 Re: C. W. MACKIE PLC (CWM.N0000) Fri May 02, 2014 10:54 am

skyfall

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

skyfall · 24 Re: C. W. MACKIE PLC (CWM.N0000) Mon May 05, 2014 10:57 am

skyfall

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@skyfall wrote:Still not too late to buy CMW. Still a Long way to go.

This is really warming up now.

skyfall · 25 Re: C. W. MACKIE PLC (CWM.N0000) Mon May 12, 2014 9:43 am

skyfall

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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.

skyfall · 26 Re: C. W. MACKIE PLC (CWM.N0000) Mon May 19, 2014 9:46 am

skyfall

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@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.

skyfall · 27 Re: C. W. MACKIE PLC (CWM.N0000) Wed May 28, 2014 1:09 am

skyfall

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@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.

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

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

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

skyfall

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@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.

Harry82 · 30 Re: C. W. MACKIE PLC (CWM.N0000) Thu May 29, 2014 10:25 am

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Rs 3.00 Dividend ?

dhanurrox · 31 Re: C. W. MACKIE PLC (CWM.N0000) Fri May 30, 2014 6:06 pm

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@skyfall wrote:

@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.

3 rupee

skyfall · 32 Re: C. W. MACKIE PLC (CWM.N0000) Tue Jun 17, 2014 11:03 am

skyfall

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Still there's a final round of small sellers at 60s. Once they disappear this can easily hit mid 70+.
GL for all the holders.

Sstar · 33 Re: C. W. MACKIE PLC (CWM.N0000) Fri Jul 18, 2014 12:03 am

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This is worth looking at.

EquityChamp · 34 C. W. MACKIE PLC (CWM.N0000) Tue May 17, 2016 11:59 pm

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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.

CWM is another great 2nd tier company specializing in trading and distributing fast moving consumer goods. According to their recent quarter performance I have derived the following forecast for 2016/17 though their quarterly revenue and profit figures are not consistant.

	Q2 15	Q3 15	Q4 15	Q1 16	FY 14/15	FY 15/16	FY 16/17 F
Revenue	1,848	1,756	1,799	2,457	7,618	7,860	8,435
GP	285	246	242	364	1,033	1,137	1,181
GP margin	15%	14%	13%	15%	14%	14%	14%
PAT to equity holders	56	65	34	132	185	287	337
PAT margin	3%	4%	2%	5%	2%	4%	4%
EPS					*5.14*	*7.97*	*9.37*

At CMP the forward PE is 6x which is very attractive. Another reason is that their current price is less than the book value so it gives ample room for price appreciation.
Technical charts indicates strong buy with Bull/Bear Power of just formed +.35, ROC of +2.7 and RSI of 56. The price should be adjusted to 70/75 levels in medium term hence I would like to advise you to add into your portfolio.

Thanks

nimantha80 · 35 Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 5:27 am

nimantha80

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good and timely post.you should buy and hold these winners

Gainer · 36 Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 9:47 am

Gainer

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Yes CWM best ever

nimantha80 · 37 Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 10:10 am

nimantha80

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60 broken.Dividend will be announced this week or early next week.Minimum 3

Gainer · 38 Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 10:16 am

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[*]Last 3 years Dividend

[*]DIVIDEND ANNOUNCEMENT
26 May 2015

Date of Announcement: - 26.May.2015
Dividend per Share: - Rs. 3.00 per share / First & Final Dividend
Financial Year: - 2014/2015
Shareholder Approval: - Required
AGM: - 24.Jun.2015
XD: - 25.Jun.2015
Payment: - 06.Jul.2015

[*]DIVIDEND ANNOUNCEMENT
30 May 2014

Date of Announcement: - 30.May.2014
Dividend per Share: - Rs. 3.00 per share / First & Final Dividend
Financial Year: - 2013/2014
Shareholder Approval: - Required
AGM: - 27.Jun.2014
XD: - 30.Jun.2014
Payment: - 08.Jul.2014

[*]DIVIDEND ANNOUNCEMENT
30 May 2013

Date of Announcement: - 30.May.2013
Rate of Dividend: - Rs. 3.00 per share / First & Final Dividend
Financial Year: - 2012 / 2013
Shareholder Approval: - Required
AGM: - 27.June. 2013
XD: - 28.June. 2013
Payment: - 08.July. 2013

nimantha80 · 39 Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 10:24 am

nimantha80

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Im in this for lorn term not for trading.constant earnings and dividends and NAV improving.Once rubber recover they'll do better than this

nimantha80 · 40 Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 5:22 pm

nimantha80

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good call champ.

hiransilva23 · 41 Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 5:26 pm

hiransilva23

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EC ada cwm damma wage hamadama udeta mewage assayek gana danna bari weida???!

EquityChamp · 42 Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 5:30 pm

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Thabk you for all. Will try to serve you as far as I can.
In the mean time I am getting some strange feeling on LCEY. Let me do some work and come back.

nimantha80 · 43 Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 7:28 pm

nimantha80

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@EquityChamp wrote:
Thabk you for all. Will try to serve you as far as I can.
In the mean time I am getting some strange feeling on LCEY. Let me do some work and come back.

Agree.thats why i posted today on CWM,LCEY,CFLB.Its a old combination.

Gainer · **May 18, 2016 12:06 PM GMT+0530 | 0 Comment(s)**

Good News for CWM

nimantha80 · 45 Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 9:03 pm

nimantha80

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Im not trading Im in for lorn term.Dividends probably next week.Ill take them happily.

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C. W. MACKIE PLC (CWM.N0000)

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

gagamini

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

skyfall

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

skyfall

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

skyfall

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

skyfall

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

skyfall

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

skyfall

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

dhanurrox

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

skyfall

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

Harry82

31 Re: C. W. MACKIE PLC (CWM.N0000) Fri May 30, 2014 6:06 pm

dhanurrox

32 Re: C. W. MACKIE PLC (CWM.N0000) Tue Jun 17, 2014 11:03 am

skyfall

33 Re: C. W. MACKIE PLC (CWM.N0000) Fri Jul 18, 2014 12:03 am

Sstar

34 C. W. MACKIE PLC (CWM.N0000) Tue May 17, 2016 11:59 pm

EquityChamp

35 Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 5:27 am

nimantha80

36 Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 9:47 am

Gainer

37 Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 10:10 am

nimantha80

38 Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 10:16 am

Gainer

39 Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 10:24 am

nimantha80

40 Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 5:22 pm

nimantha80

41 Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 5:26 pm

hiransilva23

42 Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 5:30 pm

EquityChamp

43 Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 7:28 pm

nimantha80

44 Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 8:49 pm

Gainer

Good News for CWM

Sri Lanka slashes tax on raw rubber exports

May 18, 2016 12:06 PM GMT+0530 | 0 Comment(s)

45 Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 9:03 pm

nimantha80

46 Re: C. W. MACKIE PLC (CWM.N0000)

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