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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » C. W. MACKIE PLC (CWM.N0000)

C. W. MACKIE PLC (CWM.N0000)

+25
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
Lotus Eater
29 posters

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26C. W. MACKIE PLC (CWM.N0000) - Page 2 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.

27C. W. MACKIE PLC (CWM.N0000) - Page 2 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.

28C. W. MACKIE PLC (CWM.N0000) - Page 2 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.

29C. W. MACKIE PLC (CWM.N0000) - Page 2 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.

30C. W. MACKIE PLC (CWM.N0000) - Page 2 Empty Re: C. W. MACKIE PLC (CWM.N0000) Thu May 29, 2014 10:25 am

Harry82


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

Rs 3.00 Dividend ?

31C. W. MACKIE PLC (CWM.N0000) - Page 2 Empty Re: C. W. MACKIE PLC (CWM.N0000) Fri May 30, 2014 6:06 pm

dhanurrox


Vice President - Equity Analytics
Vice President - Equity Analytics

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

32C. W. MACKIE PLC (CWM.N0000) - Page 2 Empty Re: C. W. MACKIE PLC (CWM.N0000) Tue Jun 17, 2014 11:03 am

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

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.

33C. W. MACKIE PLC (CWM.N0000) - Page 2 Empty Re: C. W. MACKIE PLC (CWM.N0000) Fri Jul 18, 2014 12:03 am

Sstar

Sstar
Vice President - Equity Analytics
Vice President - Equity Analytics

This is worth looking at.

34C. W. MACKIE PLC (CWM.N0000) - Page 2 Empty C. W. MACKIE PLC (CWM.N0000) Tue May 17, 2016 11:59 pm

EquityChamp

EquityChamp
Moderator
Moderator

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 15Q3 15Q4  15Q1 16FY 14/15FY 15/16FY 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 margin15%14%13%15%14%14%14%
PAT to equity holders               56               65               34            132            185            287              337
PAT margin3%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

35C. W. MACKIE PLC (CWM.N0000) - Page 2 Empty Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 5:27 am

nimantha80


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

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

36C. W. MACKIE PLC (CWM.N0000) - Page 2 Empty Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 9:47 am

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Yes CWM best ever

37C. W. MACKIE PLC (CWM.N0000) - Page 2 Empty Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 10:10 am

nimantha80


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

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

38C. W. MACKIE PLC (CWM.N0000) - Page 2 Empty Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 10:16 am

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

[*]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

39C. W. MACKIE PLC (CWM.N0000) - Page 2 Empty Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 10:24 am

nimantha80


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

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

40C. W. MACKIE PLC (CWM.N0000) - Page 2 Empty Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 5:22 pm

nimantha80


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

good call champ.

41C. W. MACKIE PLC (CWM.N0000) - Page 2 Empty Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 5:26 pm

hiransilva23


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

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

42C. W. MACKIE PLC (CWM.N0000) - Page 2 Empty Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 5:30 pm

EquityChamp

EquityChamp
Moderator
Moderator

Very Happy
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.

43C. W. MACKIE PLC (CWM.N0000) - Page 2 Empty Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 7:28 pm

nimantha80


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

EquityChamp wrote:Very Happy
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.

44C. W. MACKIE PLC (CWM.N0000) - Page 2 Empty Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 8:49 pm

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Good News for CWM

Sri Lanka slashes tax on raw rubber exports

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

ECONOMYNEXT – The Sri Lankan government will slash a cess on raw rubber exports to Rs4 a kilo from Rs15 to help cultivators get better prices by increasing competition between shippers and the domestic industry, a spokesman said.

Media Minister Gayantha Karunatillake said about 80 percent of natural rubber grown in the island is consumed by domestic industrialists and the rest exported.

“A cess of Rs15 a kilo was levied on raw rubber exports in order to encourage domestic value addition of natural rubber produced in Sri Lanka,” he told a news conference.

“With the reduction in world market prices, the price of Sri Lankan rubber has also come down, putting rubber plantations, including small estate owners, in difficulty.”

The Cabinet of Ministers has approved a proposal by Plantation Industries Minister Navin Dissanayake to give relief to cultivators by increasing the price of rubber through more competition between domestic rubber goods producers and raw rubber exporters, he said.

Rubber prices are forecast to remain low till 2020.
(COLOMBO, May 18 2016)

45C. W. MACKIE PLC (CWM.N0000) - Page 2 Empty Re: C. W. MACKIE PLC (CWM.N0000) Wed May 18, 2016 9:03 pm

nimantha80


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

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

46C. W. MACKIE PLC (CWM.N0000) - Page 2 Empty Re: C. W. MACKIE PLC (CWM.N0000) Thu May 19, 2016 12:30 pm

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

CWM next week possible to break 75.00+

This time thay will pay good Dividend may be 4.00

47C. W. MACKIE PLC (CWM.N0000) - Page 2 Empty Re: C. W. MACKIE PLC (CWM.N0000) Thu May 19, 2016 7:28 pm

Mubin Mustafa


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

Everyone is correct but it is relatively illiquid share. Even easy to reach 100 with few thousand trade volume...will see...

48C. W. MACKIE PLC (CWM.N0000) - Page 2 Empty Re: C. W. MACKIE PLC (CWM.N0000) Tue May 31, 2016 9:40 am

EquityChamp

EquityChamp
Moderator
Moderator

CWM final dividend of 3.50. Very good as expected.

49C. W. MACKIE PLC (CWM.N0000) - Page 2 Empty Re: C. W. MACKIE PLC (CWM.N0000) Tue May 31, 2016 9:51 am

Jaya sri


Manager - Equity Analytics
Manager - Equity Analytics

EquityChamp wrote:CWM final dividend of 3.50. Very good as expected.
THANKS 70+ sure

50C. W. MACKIE PLC (CWM.N0000) - Page 2 Empty Re: C. W. MACKIE PLC (CWM.N0000) Fri Jul 29, 2016 6:54 am

Harry82

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

Very Happy Very Happy Very Happy

51C. W. MACKIE PLC (CWM.N0000) - Page 2 Empty Re: C. W. MACKIE PLC (CWM.N0000) Sat Nov 07, 2020 8:27 am

Quibit


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

C. W. MACKIE PLC (CWM.N0000) - Page 2 Scree117

52C. W. MACKIE PLC (CWM.N0000) - Page 2 Empty CWM.N0000 Mon Nov 23, 2020 1:14 pm

4Corners


Senior Equity Analytic
Senior Equity Analytic

Dear All

shall we open a discussion on this 
course this is the next hit

geesura likes this post

53C. W. MACKIE PLC (CWM.N0000) - Page 2 Empty Re: C. W. MACKIE PLC (CWM.N0000) Mon Nov 23, 2020 1:31 pm

geesura

geesura
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

4Corners wrote:Dear All

shall we open a discussion on this 
course this is the next hit
yeah.. a good dividend-paying company nealy 8% won't be a wrong investment

54C. W. MACKIE PLC (CWM.N0000) - Page 2 Empty Re: C. W. MACKIE PLC (CWM.N0000) Mon Nov 23, 2020 1:44 pm

geesura

geesura
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

NAV-67.19

export-based company.

market cap is 1.6bn(171th in cse) so can be moved up easily.
problem is less liquidity.
can be moved 25% like chemnex

55C. W. MACKIE PLC (CWM.N0000) - Page 2 Empty Re: C. W. MACKIE PLC (CWM.N0000) Tue Nov 24, 2020 7:49 pm

Teller

Teller
Moderator
Moderator

if you are an experienced investor in CSE, check why this company didnt move in last 12 years. Understand the issue prior to buy it.

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