HEXP – EXCELLENT SEPT. QUARTER PERFORMANCE

Blue blooded wrote:

HEXP – EXCELLENT SEPT. QUARTER PERFORMANCE

 

Hayleys Fibre PLC which showed dramatic turnaround from last quarter 2015/16 had again recorded a net profit of Rs. 11.8M for the quarter ended Sept. 2016 in comparison to Rs. 2.5M for the corresponding period 2015/16. This records a phenomenal growth of 363%. EPS has grown from Rs. 0.27 to Rs. 1.48.

 

Similarly net profit for the 1^st half increased to Rs. 26.3M compared to a loss of Rs. 3.9M for the corresponding period. E.P.S. has increased to Rs. 3.30 M from minus   (0.49) which is a remarkable growth.

 

This confirms sustainability of the good performance of HEXP including NPAT. According to reliable sources much awaited sale of property would take place early part of this month and the quarterly reports reconfirms sales of Ekala property for           Rs. 420M is in the process of disposal and net profit to by Rs. 215M. The investors should be on alert for this news which may come suddenly.

 

We refresh the memories of investors on positive implication from land sales as follows,

(1) Cash per share	To be increased by	Rs.	*    48.00
(2)  EPS    *	Rs. 22.84 + 3.30 + 6        Year end	Rs.	32.14
(3)  NAV    *	Rs. 22.84 + 62.56 = 85.4 + Rs. 6                                      Year end	Rs.	91.4
(4)  Price if PBV at 2		Rs.	182
(5)  Price if  PE at 8		Rs.	256

 
* Increase due to sale
 
 

[size=31](Stock Watch)[/size]

Chinwi wrote:

Blue blooded wrote:

HEXP – EXCELLENT SEPT. QUARTER PERFORMANCE

 

Hayleys Fibre PLC which showed dramatic turnaround from last quarter 2015/16 had again recorded a net profit of Rs. 11.8M for the quarter ended Sept. 2016 in comparison to Rs. 2.5M for the corresponding period 2015/16. This records a phenomenal growth of 363%. EPS has grown from Rs. 0.27 to Rs. 1.48.

 

Similarly net profit for the 1^st half increased to Rs. 26.3M compared to a loss of Rs. 3.9M for the corresponding period. E.P.S. has increased to Rs. 3.30 M from minus   (0.49) which is a remarkable growth.

 

This confirms sustainability of the good performance of HEXP including NPAT. According to reliable sources much awaited sale of property would take place early part of this month and the quarterly reports reconfirms sales of Ekala property for           Rs. 420M is in the process of disposal and net profit to by Rs. 215M. The investors should be on alert for this news which may come suddenly.

 

We refresh the memories of investors on positive implication from land sales as follows,

(1) Cash per share	To be increased by	Rs.	*    48.00
(2)  EPS    *	Rs. 22.84 + 3.30 + 6        Year end	Rs.	32.14
(3)  NAV    *	Rs. 22.84 + 62.56 = 85.4 + Rs. 6                                      Year end	Rs.	91.4
(4)  Price if PBV at 2		Rs.	182
(5)  Price if  PE at 8		Rs.	256

 
* Increase due to sale
 
 

[size=31](Stock Watch)[/size]

In above calculation, he says , EPS = 32.14  and PER 8 ,
EPS x PER = trading price
32 x 8 = 256.

He derived 256 as the should be trading price based on EPS and PER !


මේක සම්පූර්ණයෙන්ම පට්ට පල් බොරු ඉදිරිපත් කිරීමකි. මෙම ගණනයන් සිදුකර ඇති ක්‍රමය අමු බොරු වකි.

EPS හා PER සංසන් දනය කර අනාගත විකුණුම් මිල තීරණය කරන්නේ ආයතනයක මූලික ව්‍යාපාර ගනු දෙනු හා සැලකීමෙනි.
ඒවා එක වරක් අහඹු ලෙස කෙරෙන ඒව නොව නිති පතා කෙරෙන ව්‍යාපාරය යි.

උදා . බයිරහා ෆාම් එකේ බිත්තර දමා ඉවරවූ මවු  කිකිලියන් දහස් ගණන්  කරි චිකන් සඳහා මැරූ පසු ඒ  අතරින් එකෙක්  ගේ බඩේ  තිබී මැණිකක් හමු උනොත් එම මැණික විකුණා ලබන ආදායම EPS සඳහා ගනන් නොගනී.  

ඉහත HEXP  හී EPS  අගයයන් අරන් තිබෙන්නේ අන්න ඒ ලෙස ඉඩමක් විකුණා ලැබූ අහඹු ආදායමක් ඉදිරි සෑම කාර්තුවේම නැවත නැවත ලැබෙන සේ සලකාය​.  

එම නිසා ඒ අමූලික බොරු ගණනය ඔබලාව රැවටීම සඳහා කවුරුන් හෝ විළි ලැජ්ජ නැති  පෞර් ශයක් නැති කපටියෙක් කල එකකි.