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ACME PRINTING & PACKAGING PLC (ACME.N0000)

+106
abey
prabath
ThilinaM
karuna2
nuwanmja
wisdom79
hammurabi
KOLAA
sanjulanka
SECsux
nandanaskumara
DHAVER88
nishjaya
Ryan Hudson
happybulls
m2_yapa
EquityChamp
SLBOY
A+
ravi88
troy
VALUEPICK
Senior Citizen
hawklk
lossorgain
nimantha80
Teller
Yahapalanaya
fireshelter
sampath.anuradha
IO3+O
mdcpk1975
SM2014
KPP
spr@cse
aiyosalli
sudheeee
Thinker
CSE1
RPPA
gayanath1983
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110 posters

Go to page : Previous  1, 2, 3, 4, 5, 6, 7, 8, 9, 10  Next

Go down  Message [Page 7 of 10]

Thinker


Manager - Equity Analytics
Manager - Equity Analytics

No buyers lol! lol! lol!

KPP


Senior Equity Analytic
Senior Equity Analytic

mdcpk1975 wrote:ACME. R is at 0.10..No buyers...I think Mr. KPP and Mr. Bakapandithaya got stuck with this share..bad like guys...Promotions will not work always...

No mate. I made a god profit last week and exited. I just published what I heard. Anyway I'm reconsidering to buy it at 10 cents

Thinker


Manager - Equity Analytics
Manager - Equity Analytics

KPP wrote:
mdcpk1975 wrote:ACME. R is at 0.10..No buyers...I think Mr. KPP and Mr. Bakapandithaya got stuck with this share..bad like guys...Promotions will not work always...

No mate. I made a god profit last week and exited. I just published what I heard. Anyway I'm reconsidering to buy it at 10 cents

lol! lol! lol! lol!

IO3+O


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

Get up, stand up, stand up for your right


ACME PRINTING & PACKAGING PLC (ACME.N0000) - Page 7 Funny-10

ACME PRINTING & PACKAGING PLC (ACME.N0000) - Page 7 Ahtung15

RPPA


Expert
Expert

IO3+O wrote:
Get up, stand up, stand up for your right


ACME PRINTING & PACKAGING PLC (ACME.N0000) - Page 7 Funny-10

ACME PRINTING & PACKAGING PLC (ACME.N0000) - Page 7 Ahtung15

Will he give the right holders to subscribe for rights. If they don't have funds.



Last edited by RPPA on Mon Nov 03, 2014 3:35 pm; edited 1 time in total

IO3+O


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

To be, or not to be: that is the question:  ACME PRINTING & PACKAGING PLC (ACME.N0000) - Page 7 Ges_hm11   ACME PRINTING & PACKAGING PLC (ACME.N0000) - Page 7 Search10

RPPA


Expert
Expert

IO3+O wrote:
To be, or not to be: that is the question:  ACME PRINTING & PACKAGING PLC (ACME.N0000) - Page 7 Ges_hm11   ACME PRINTING & PACKAGING PLC (ACME.N0000) - Page 7 Search10

good job again. Razz Razz Razz Razz Razz

IO3+O


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

ACME PRINTING & PACKAGING PLC (ACME.N0000) - Page 7 Troll-10

IO3+O


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

ACME PRINTING & PACKAGING PLC (ACME.N0000) - Page 7 Shakin10

KPP


Senior Equity Analytic
Senior Equity Analytic

http://www.cse.lk/cmt/upload_cse_announcements/551415012556_.pdf

This will have a positive impact tomorrow.

KPP


Senior Equity Analytic
Senior Equity Analytic

http://www.cse.lk/cmt/upload_cse_announcements/551415012556_.pdf

sampath.anuradha


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

KPP wrote:http://www.cse.lk/cmt/upload_cse_announcements/551415012556_.pdf

This will have a positive impact tomorrow.
dear friend tomorrow something happen,boz that announcement any body have any idea,pl share ur idea ?

KPP


Senior Equity Analytic
Senior Equity Analytic

I think this will go up tomorrow. Today and Friday the drop was mainly due to panic as the major shareholder sold the rights in the market. People were worried that the rights may have been purchased by a trader who will not subscribe and that could have made the right issue a disaster. I think now that they know the 8mn block will be subscribed for tomorrow we may see a boom. Anyway it's unlikly that ACME.N will come below 12.50 So the right can move up to at least 40 cents. But my gut feeling is there will be more than just 40 cents caz probably ACME.N will move past 13 with this news.

KPP


Senior Equity Analytic
Senior Equity Analytic

And unlike the AAF right issue which had 280 million rights ACME only has 25 million rights. And out of that 8 million will defiantly not be traded tomorrow. Its also unlikely that the no. 2 to 5 shareholders will dispose their rights. They hold 9 million rights. So max there will be around 8 million left in the market. And out of that 5.7 million traded today at 10 cents. So it wouldn't be that difficult to push this up tomorrow.

165ACME PRINTING & PACKAGING PLC (ACME.N0000) - Page 7 Empty ACME Run soon Thu Jun 18, 2015 10:39 am

fireshelter

fireshelter
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Can we expect another run towards Rs.11... Very Happy Very Happy Very Happy

fireshelter

fireshelter
Associate Director - Equity Analytics
Associate Director - Equity Analytics

alien alien alien

Yahapalanaya

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

fireshelter wrote:Can we expect another run towards Rs.11... Very Happy Very Happy Very Happy
Is there any reason or just speculation?

Teller

Teller
Moderator
Moderator

Another scrap.

nimantha80


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

Whatever I bought ACME and ill win from hit.colection started from 9 and still going on

soileconomy

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

Financially it is not doing well.

Thinker

Thinker
Manager - Equity Analytics
Manager - Equity Analytics

Teller wrote:Another scrap.
100% agree  lol! lol! lol!

lossorgain

lossorgain
Manager - Equity Analytics
Manager - Equity Analytics

At least the topic should have been the question and not a comment stating it will run !!!

173ACME PRINTING & PACKAGING PLC (ACME.N0000) - Page 7 Empty Will ACME declare Bankruptcy??? Thu Jun 25, 2015 11:04 pm

hawklk


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Fundamentally their are in deep trouble.

Steady decline in EPS and NAPS for last five years.

Sustainable Growth rate is in minus (-21.7%). Need heavy borrowing or financing to do a turnaround or somebody should take over.

Major shareholder Clovis Company Limited

Senior Citizen

Senior Citizen
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

hawklk wrote:Fundamentally their are in deep trouble.

Steady decline in EPS and NAPS for last five years.

Sustainable Growth rate is in minus (-21.7%). Need heavy borrowing or financing to do a turnaround or somebody should take over.

Major shareholder Clovis Company Limited

Thre were frauds, accounts not accurately maintained, audit issues, quality issues etc. etc.

They have been struggling with these for some time. The business is good but sustainability is the issue. The bigger Issue are the employees. They drive the business. So useless fixing the exteriors. They need a solid team.

SO TAKEOVER, IS THE BEST!

VALUEPICK

VALUEPICK
Expert
Expert

If we can identify companies which are exposure to acquisitions (takeovers) there could be some great opportunities. Great investors will acquire some good businesses. Some will buy loss making entities and then they will make them profitable. If we can find some loss making companies which are going to make profits in the future then we can buy their stocks at unbelievable prices in a market like today.  
 
I believe current period as one of the best period to accumulate quality stocks (quality businesses) from the market. In bull market, short term volatility and market pauses create opportunities. I believe after current market pause there could be  break out to the next level and next phases.

Senior Citizen

Senior Citizen
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

See the financials for 31/03/2015. The losses are unbearable.

I thought this company will re-cooperate quickly after the drastic measure that were taken. No way.

This company is doomed and anyone having large quantities should sell ASAP.

The real situation is this:

85 employees were sent on VRS which cost 77 mio.
Trade debtors have increased by 9 mio.
Inventories increased by 42 mi,o.
They are selling the products at almost cost. 
Gross Profit less than 10%
Interest paid 129 mio.

I think the Morale and leadership is poor and they need a better team!

troy

troy
Moderator
Moderator

see the final quarter. Now the story is different.  will do a analysis on this and publish it shortly.

Senior Citizen

Senior Citizen
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

troy wrote:see the final quarter. Now the story is different.  will do a analysis on this and publish it shortly.

I don't think the three months figures are good enough.
The leaks are not fully plugged and the profits are bleeding due to the high borrowings of 934 million. 

Moreover, there is a greater risk of solvency.

The monthly reveune is 93 mio. Vs the trade debtors are 397 mio. That works out to 4.5 months credit sales. Which company can afford to give credit to that extent. 
This means that ACME is forced to stick to a clientale that would accept their (UN) quality products and get orders ONLY due to their bargain prices. 

How long can they do this. The debtors will will increase. I say that what is happening there is that there are market returns not booked and reduced from the sales and also rejected materials still lying with the customers and not accounted for.

Once those entries are done there will be greater write off of materials over 200 million in year 2015/2016. Already 42 million written off in 2014/15 and that is quite high for a small company with sale of just 1 billion.

So forum members , be aware and avoid this share. Also, big investors please take over this good business and we shall help you with the investments.

They have some BIG clients!



Last edited by Senior Citizen on Fri Jun 26, 2015 2:54 pm; edited 1 time in total

nimantha80


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

last few weeks collection happened upto 10.Someone wants more and came with this thread.this will run again above 10.

hawklk


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

CLOVIS COMPANY LIMITED 

1. It the major shareholder of ACME
2. It is the major shareholder of LANKA ALUMINIUM INDUSTRIES PLC

The second high shareholder of LANKA ALUMINIUM INDUSTRIES PLC is MR. K. D. D. PERERA

My search for CLOVIS COMPANY LIMITED is turning up blank. Clues are it is a off shore trust fund or company. 

Anybody got any info on CLOVIS COMPANY LIMITED ?

ACME is actively trading despite these financial issues

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