Make the right dession - Motor sector as at 23/12/2011

hariesha

hariesha

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In October I published the same analysis with June quarter results. I am re-producing the same analysis with the Sep. quarter results.

Old link

http://forum.srilankaequity.com/t11401-analysis-of-motor-sector-shares-invitation-for-a-fruitful-discussion#76196

I have deleted the old file as space allocated to me is over.

opfdo

opfdo

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hariesha wrote:In October I published the same analysis with June quarter results. I am re-producing the same analysis with the Sep. quarter results.

Old link

http://forum.srilankaequity.com/t11401-analysis-of-motor-sector-shares-invitation-for-a-fruitful-discussion#76196

I have deleted the old file as space allocated to me is over.

thank you hariesha. nice analysis. I wonder why ppl are not buying these gems, specially UML. since there is no any effect from budget, & other tax changes, third quater earnings also will be up. at this price level UML is very attract to me, since it the lowset in the list.

thank you again. keep it up. see up to now no replied to you yet. still only 80 views. ppl in this forum still not ready to read those analysis ? or where is thire good life values to say thank or give a smile Smile

seyon

seyon

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Thanks Hariesha

As u spoted out DIMO and UML are very attractive counters. My worry is that, the current direction of CSE is question to everyone. No one can predict What would happend in CSE. Ok there would be some rise in near future, will it last for long term.

There are rumors CSE going to introduce DVPS and various new directives ( risk mgt) in mid of 2012. If they introduce DVPS, then mkt would 100% cash mkt. If this will take place. We will face severe experiance than these days.

I think we will have to wait till mid 2012..

illuminati

illuminati

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seyon wrote:Thanks Hariesha

As u spoted out DIMO and UML are very attractive counters. My worry is that, the current direction of CSE is question to everyone. No one can predict What would happend in CSE. Ok there would be some rise in near future, will it last for long term.

There are rumors CSE going to introduce DVPS and various new directives ( risk mgt) in mid of 2012. If they introduce DVPS, then mkt would 100% cash mkt. If this will take place. We will face severe experiance than these days.

I think we will have to wait till mid 2012..

There are many more attractive counters trading at bargain prices. What I am saying is that all these counters will be cheaper towards the end of next year. But there are crabs dancing in the pot!

suda_r

suda_r

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Great Work. This is very much valuable for me. I have around 100 DIMO which bought at higher price (around 1600.00) and thinking of collecting more slowly.

Thanks

Tiger

Tiger

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I am not a fan of MTR stocks at this point, specially because I don't believe that these revenues are sustainable. Many adverse factors are emerging for the sector performance; rising interest rates, devaluation pressure on the rupee, and unsustainable grown in 2010.

However I am bullish more on LLUB, LIOC, AUTO, LFIN, VFIN, CFIN, for more sustainable growth forecasts which would benefit from the boom in MTR industry.

opfdo

opfdo

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Tiger wrote:I am not a fan of MTR stocks at this point, specially because I don't believe that these revenues are sustainable. Many adverse factors are emerging for the sector performance; rising interest rates, devaluation pressure on the rupee, and unsustainable grown in 2010.

However I am bullish more on LLUB, LIOC, AUTO, LFIN, VFIN, CFIN, for more sustainable growth forecasts which would benefit from the boom in MTR industry.

oh Tiger............ Shocked

AUTO is in your list. it is one of over valued share. PE arround 21. isnt it? so as you say, if you are not a fan of MTR,it is wonder AUTO is in your list.

pathfinder

pathfinder

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@Harisha-Great work,thanks for sharing
@Tiger-you are correct up to certain extent,LLUB,and all finance companies will have sustainable growth with last year MTR performance. I can not imagine how AUTO comes to the list which is overvalued.The way LIOC performing is not giving a good picture of the future as well.

Slstock

Slstock

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osmand wrote:

Tiger wrote:I am not a fan of MTR stocks at this point, specially because I don't believe that these revenues are sustainable. Many adverse factors are emerging for the sector performance; rising interest rates, devaluation pressure on the rupee, and unsustainable grown in 2010.

However I am bullish more on LLUB, LIOC, AUTO, LFIN, VFIN, CFIN, for more sustainable growth forecasts which would benefit from the boom in MTR industry.

oh Tiger............

AUTO is in your list. it is one of over valued share. PE arround 21. isnt it? so as you say, if you are not a fan of MTR,it is wonder AUTO is in your list.

AUTO has Bridgeston tyres and Yokohama Batteries in its product line. But yes Auto is an overvalued illiquid right now.

Rajaraam

Rajaraam

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hariesha,
Very interesting information. I also believe DIMO has a steady growth and could expect further increase in it's turnover and net profit as they have a wider range than other motor companies.

UML is also growing very fast showing cotinues increase in turnover and net profit. Their entering in to threewheelers and Motor cycles business under TVS brand would reward them in big way in coming years.

How can we exclude ASHOK when Ashok leyland has already become No. 1 bus in the country by number and sale volume at present. I think they are competing well with DIMO and UML in Truck sale as well.

These are my choice. First prefference is for DIMO and followed by UML.

sriranga

sriranga

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Thanks a lot hariesha.
As I previously mentioned your are the star.
Good work. Keep it up.
As seyon mentioned, we need to wait and see the direction of the CSE.
Hope everything should be ok.

Kumar

Kumar

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Thanks a lot for sharing another good post.
Good luck.

cseguide

cseguide

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UML and DIMO really undervalued at this moment .

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Make the right dession - Motor sector as at 23/12/2011

1 Make the right dession - Motor sector as at 23/12/2011 Sat Dec 24, 2011 12:19 am

hariesha

2 Re: Make the right dession - Motor sector as at 23/12/2011 Sat Dec 24, 2011 8:12 am

opfdo

3 Re: Make the right dession - Motor sector as at 23/12/2011 Sat Dec 24, 2011 8:36 am

seyon

4 Re: Make the right dession - Motor sector as at 23/12/2011 Sat Dec 24, 2011 10:32 am

illuminati

5 Re: Make the right dession - Motor sector as at 23/12/2011 Sat Dec 24, 2011 10:43 am

suda_r

6 Re: Make the right dession - Motor sector as at 23/12/2011 Sat Dec 24, 2011 10:51 am

Tiger

7 Re: Make the right dession - Motor sector as at 23/12/2011 Sat Dec 24, 2011 3:25 pm

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8 Re: Make the right dession - Motor sector as at 23/12/2011 Sat Dec 24, 2011 5:38 pm

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9 Re: Make the right dession - Motor sector as at 23/12/2011 Sat Dec 24, 2011 5:51 pm

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10 Re: Make the right dession - Motor sector as at 23/12/2011 Sat Dec 24, 2011 7:59 pm

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11 Re: Make the right dession - Motor sector as at 23/12/2011 Sat Dec 24, 2011 10:23 pm

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12 Re: Make the right dession - Motor sector as at 23/12/2011 Sun Dec 25, 2011 6:31 am

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