DIPPED PRODUCTS PLC (DIPD.N0000)

Harry82 · **351** Re: DIPPED PRODUCTS PLC (DIPD.N0000) Thu Sep 30, 2021 3:51 am

Harry82

Senior Vice President - Equity Analytics

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Join date : 2012-01-18

Yes Moderator,
That is true.
Basic earnings Rs 2.08 --------------- Dividend Rs 0.60 ( 1st quarter)

Now Dividend ---------- Rs 0.95
therefore Basic earnings may be above Rs 3.29 (//Dividend to Profit Ratio)
WE CAN EXPECT PROFIT AFTER TAX IS MORE THAN 2.2 BILLION!

Last edited by Harry82 on Thu Sep 30, 2021 3:53 am; edited 1 time in total (Reason for editing : spelling)

Great1 · **352** Re: DIPPED PRODUCTS PLC (DIPD.N0000) Thu Sep 30, 2021 5:59 am

Great1

Manager - Equity Analytics

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Join date : 2021-08-24

Great point!!

DIPD rally soon
MGT declared better dividend

HAYL dividend announcement soon

Great gains from HAYL, DIPD and MGT

ADVENTUS · **353** Re: DIPPED PRODUCTS PLC (DIPD.N0000) Thu Sep 30, 2021 9:11 am

ADVENTUS

Moderator

Posts : 430
Join date : 2020-07-02

Great1 wrote:Great point!!

DIPD rally soon
MGT declared better dividend

HAYL dividend announcement soon

Great gains from HAYL, DIPD and MGT

DP will also release TILE sector dividends as well Very Happy

samaritan · **354** Re: DIPPED PRODUCTS PLC (DIPD.N0000) Thu Sep 30, 2021 1:29 pm

samaritan

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Join date : 2015-05-16

Lalithkpeiris wrote:Massive capital investment and depreciation of assets will affect the profit statement for the coming quarter.

I am not sure about that, but easing of Covid induced demand for gloves may be of concern in the future.

StringTheory · **355** Re: DIPPED PRODUCTS PLC (DIPD.N0000) Thu Oct 07, 2021 2:05 pm

StringTheory

Stock Trader

Posts : 5
Join date : 2021-02-18

samaritan wrote:

Lalithkpeiris wrote:Massive capital investment and depreciation of assets will affect the profit statement for the coming quarter.

I am not sure about that, but easing of Covid induced demand for gloves may be of concern in the future.

Rubber glove demand is predicted to be high until 2025. But the ASP of rubber gloves will be a concern. I think DIPD made a good profit because of the price increase in rubber gloves. ASP for rubber gloves went from around 20 to 68. But now it's coming down again. The investments done by the company for capacity improvement will pay off in the coming years because the glove demand or ASP will not fall below pre covid levels, at least during the next 10 years.

Also, I think even if the glove demand from the health care sector falls the demand from hotels, construction and cleaning companies will continue to rise. The next financial statement will be the key. In midterm, I'm positive about DIPD but won't hold it for the long term. There is a pending price correction for all the glove manufacturing companies around the world (check share prices of big rubber glove companies like supermax and top glove).

Anyhow, I'm positive about 30% Mid term profit from DIPD, then the correction will come and it could go either way.

Last edited by StringTheory on Thu Oct 07, 2021 2:08 pm; edited 2 times in total

sak · **356** Re: DIPPED PRODUCTS PLC (DIPD.N0000) Thu Dec 09, 2021 4:17 pm

sak

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Anyone Have idea on DIPD performance in coming quarters ..

Today Some buying pressure at 50 - 52.50 levels .

Please share your valuable thoughts on this share ......... Smile

PhilT · **357** Re: DIPPED PRODUCTS PLC (DIPD.N0000) Thu Dec 09, 2021 6:54 pm

PhilT

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sak wrote:Anyone Have idea on DIPD performance in coming quarters ..

Today Some buying pressure at 50 - 52.50 levels .

Please share your valuable thoughts on this share .........

Don't get into that at the moment. DIPD is going through a hard time.