TEEJAY LANKA PLC (TJL.N0000)

ADVENTUS · **151** Re: TEEJAY LANKA PLC (TJL.N0000) Mon Nov 30, 2020 1:25 pm

ADVENTUS

Moderator

Posts : 430
Join date : 2020-07-02

KingKong wrote:Any updates on this?. Especially given EU's concern on import restrictions can it have adverse effect on orders from EU, or negative impact on GSP+ ?

Highly doubt. No issues with GSP+ as well, based on the recent EU statement. People seem to be rallying behind tjl now for some reason.

Champ888 · **152** Re: TEEJAY LANKA PLC (TJL.N0000) Tue Dec 01, 2020 10:50 am

Champ888

Manager - Equity Analytics

Posts : 125
Join date : 2020-09-12

TJL collection is on the card.

Move above 40 in next 2 Months

4Corners · **153** Re: TEEJAY LANKA PLC (TJL.N0000) Mon Dec 07, 2020 1:50 pm

4Corners

Senior Equity Analytic

Posts : 95
Join date : 2016-03-11

Champ888 wrote:TJL collection is on the card.

Move above 40 in next 2 Months

Dear Teller

Do you have any latest update on this pls???

ADVENTUS · **154** Re: TEEJAY LANKA PLC (TJL.N0000) Thu Dec 10, 2020 4:59 pm

ADVENTUS

Moderator

Posts : 430
Join date : 2020-07-02

Champ888 wrote:TJL collection is on the card.

Move above 40 in next 2 Months

Almost there, may go well above. Next quarter may be good. Dividends in Feb ?

DKbogols · **155** Re: TEEJAY LANKA PLC (TJL.N0000) Tue Dec 15, 2020 10:32 pm

DKbogols

Manager - Equity Analytics

Posts : 100
Join date : 2020-10-08

TJL seems to be gearing up for a good run. Heavy trading in recent past and 39/-ish looks to be the support level even during recent market correction times. Good volumes today also.

Q3 is expected to be better than Q2 and Q4 will be better than Q3 which may result in a EPS better than last FY. Plenty of foreign holding in top 20. Also its no brainer that LKR will depreciate against the USD in 2021 and TJL is definitely one of the beneficiaries. Capacity expansion + dividends in jan/feb perhaps will probably make this counter appreciate further.

This is not a BUY/SELL recommendation. DYOR.