SWISSTEK (CEYLON) PLC (PARQ.N0000)

EquityChamp · **326** Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Fri Oct 23, 2015 6:39 am

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bullseye wrote:im happy i couls recover from parq.. i bought it at 65 then in couple of days it went down to 55 & no rise up from that day almost 3 months now..

yipee its coming back.. dear all whats the exit price please?

bullseye, your cost is achieved now its time to make profits. Remember my short term target is 70. Probably it may achieve today. GL

Teller · **327** Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Fri Oct 23, 2015 6:44 am

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Im waiting for the result. Last quarter also poor performance.

EPS · **328** Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Fri Oct 23, 2015 6:48 am

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PARQ can be report amazing earnings in comming week. Masive drop in Aluminium Raw prices in world market.

EquityChamp · **329** Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Fri Oct 23, 2015 6:53 am

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Teller wrote:Im waiting for the result. Last quarter also poor performance.

Nope. Last two quarters are best for this company. This quarter result will be very good. We can see in few days. Very Happy

chamil1 · **330** Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Fri Oct 23, 2015 7:08 am

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Teller wrote:Im waiting for the result. Last quarter also poor performance.

What sort of a quarterly EPS would you consider as a "Good" performance ?

Bull Master · **331** Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Fri Oct 23, 2015 11:37 am

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This should report EPS of above Rs2.0 and around Rs3.0 levels.This quarter will be very good period for the company.

Now LALU is trading around Rs130 levels and PARQ should trade well above Rs 90 levels and 100 levels since PARQ is well diversified company than PARQ.

Happy trading.

Bull Master · **332** Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Fri Oct 23, 2015 12:38 pm

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Very large volumes observed after passing Rs 60 levels. This will surely hit all time high price level in very near future and then to achieve next target prices.

Bull Master · **333** Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Mon Oct 26, 2015 9:09 am

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PARQ is ready to break history high price very soon......

Bull Master · **334** Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Wed Oct 28, 2015 9:21 am

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Can expect Sep results to come out this week.

fireshelter · **335** Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Wed Oct 28, 2015 9:23 am

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But Foreign selling high that's why still share at this level otherwise it should above Rs.70/-

peacockman · **336** Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Wed Oct 28, 2015 10:36 am

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Bull Master · **337** Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Wed Oct 28, 2015 10:43 am

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What the hell foreign selling? Just visit the annual report and see how many shares are held by foreigners. It's a very low amount.

That is not an issue here but a plus point to purchase this share to others at a low price levels.

Bull Master · **338** Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Mon Jan 04, 2016 10:26 am

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Now is PARQ time friends....... Be ready guys.....

fireshelter · **339** Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Mon Jan 04, 2016 10:46 am

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Bull Master · **340** Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Mon Jan 04, 2016 1:46 pm

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PARQ will pass Rs70 in very short period of time. Super profits in Dec quarter 2016.

Super profits+ low liquidity+low Aluminum prices in world mkt+Directors buying will give PARQ a real boost for its share to touch Rs100 levels.

Bull Master · **341** Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Tue Jan 05, 2016 1:59 pm

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We are in the collection time. Just observe the pattern and u will witness a very good collection around these price levels as well.

fireshelter · **342** Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Tue Jan 05, 2016 7:59 pm

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Really Good

shadow walker · **343** Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Tue Feb 02, 2016 1:38 pm

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shadow walker wrote:

k9 wrote:U mean 7.5
Already reported 5.29
Then according to ur thinkng Q4 eps should be
7.50-5.29=2.21
Thatcan not be happened mr.marketwatch.lasy yr also 2.72.
This yr surely will report massive profit.

2013/14Q3=0.79 ~~~~~~~2014/15Q3=2.52(3 times)
2013/14Q4=2.72 ~~~~~~~~2014/15Q4=just think

share will hit 80 and then 100

you are 100% correct K9

14/15 Q1 EPS - 0.77
14/15 Q2 EPS - 2.01
14/15 Q3 EPS - 2.52
14/15 Q4 EPS - ?.??

Q to Q PARQ improve its PAT and REVENUE
so we can expect 14/15 Q4 EPS at least 3.00

At least annual EPS of 8.20

PARQ PE ratio is around 9

then 8.20*8.5 = 69.7

public holding is around 6M
then we can expect 75+ from PARQ in short term

EquityChamp · **344** Swisstek (Ceylon) PLC - A Growth Stock Fri Feb 12, 2016 7:51 am

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Background

The company is specialised in manufacture and sale of Tile Mortar, Tile Grout, Skim Coat, Decorative Pebbles and Aluminium. With the change in management style and dynamics after the Lanka Walltile group is acquired by Vallible One the company has embarked on an aggressive expansion plan with the hope of gaining market share rapidly year by year.

Opportunities and Challenges

The company see endless possibilities in the market for its growing product portfolio where the business volumes are expected to rise rapidly with the boom in construction sector.Further, the re-introduction of solid wood flooring under the SWISSPARKETT brand name is expected to show future growth in this area of business as well.

Main threat will come through cheap imports after the proposed reduction of import taxes on imported tiles. However, though it is yet to quantify the impact on the sales of domestic tiles, the impact on the sales volumes of Swisstek product portfolio will be lesser as the direct impact is on tiles.

Performances

Revenue grew by 25% to reach Rs1, 857mn in FY2014/15 and PAT grew by 114% to reach Rs252 mn. Company recorded revenue of Rs1, 885mn for 9months ended 31^st December 2015 with a PAT of Rs232mn for the same period. Company has generated a ROE of an impressive 23% for 9months ending 31^st December 2015. Given the projected sales growth and profit margins it is expected that the company will achieve a revenue figure of Rs2, 585mn and a PAT of Rs310mn for FY2015/16(E) and consolidated revenue of Rs3, 408mn and a PAT of Rs409mn for FY2016/17(E).

The company is a fairly geared company with a total gearing ratio of 46% as at 31^st December 2015 with most of the operating cash flows are using for future expansion drives. Hence the company has not declared any dividend for the past few years and will not be declaring any dividend for the next couple of years as well.

Valuation

Given the projected revenues and profits and with the current market price of Rs57.9, the share is trading at a forward PE of 5.1x (based on 2015/16 earnings) and a forward PE of 3.9x (based on 2016/17 earnings). If valued at a 50% discount the sector PE the stock could be valued at over Rs140/- by year 2017.

Recommendation

This is a growth stock and is a strong BUY at the current market price hence investors are advised to start collecting from the current depressed market and hold.

Thanks

Pac-man · **345** Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Sun Feb 14, 2016 11:48 am

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isthutiii equity champ

jayathu · **346** Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Sun Feb 14, 2016 12:34 pm

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Manufacturering shares are growth stocks, it all depends how they grow there business. Specially shares like PARQ, RCL LWL TILE has managed to turnaround there business from break even point 5-6yrs ago to massive profit generating entities. RCL has expanded there business to Australia n Bangladesh I think. They have seriously target export market. Sri Lanka alone will not be enough for them to grow. If all synergies n attack the export market aggressively these will be massive shares in the future.

Keep eye on TJL Cind Apla Acl also

Joe007 · **347** Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Sun Feb 14, 2016 10:11 pm

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Thank you Equitychamp

EquityChamp · **348** Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Fri Feb 26, 2016 7:10 am

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Currently trading at a forward PE of 3.7x at Rs.55.10 which is massively undervalued compared to the industry valuations.

EquityChamp · **349** Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Fri May 06, 2016 7:56 am

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Just to remind you of how valuable this stock.

ASPI recorded a negative YTD growth of 4.6% so far this year but PARQ has recorded a positive YTD growth of 6% so far this year. PARQ has appreciated 19% since 26th February this year. This is how value stocks behave. Any investor can even buy this for 66/- even now and hold it confidently as a valuable asset. Can the investor feel same on HEXP, TESS, CHOU, CFLB, etc.

EquityChamp · **350** Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Fri May 06, 2016 8:30 am

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According to moving averages this is Strong BUY and according to technical indicators this is BUY.

Chinwi · **351** Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Fri May 06, 2016 8:38 am

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Thank you for highlighting this.
I lost my interest on this share many many years ago after they failed in parquet business after the initial success. Now only I came to know ,by reading your report, they are in other areas and under KDDP group.

EquityChamp · **352** Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Thu May 26, 2016 2:57 pm

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Strong support arround 67-69 can be seen even in this downward market. Surely and steadily in a long term upward curve.

Yahapalanaya · **353** Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Thu May 26, 2016 10:17 pm

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EPS 10.6
NAV 56.5

Turnover increased 630M to 908M
Profit before tax increased 90M to 127M
Tax also increased 1M to 36M So profit after tax almost same.

Great going!!

EquityChamp · **354** Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Thu May 26, 2016 11:24 pm

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I forecasted a revenue of Rs2,585mn for the FY 15/16 and they reported Rs2690 and I forecasted a NPAT of Rs310mn for the FY 15/16 and they reported Rs323mn. You can check at the top of this thread. I can really smile on my numbers. Just see the bullishness of the stock chart. I am confident that they will easily meet my 2016/17 target as well.
SWISSTEK (CEYLON) PLC (PARQ.N0000) - Page 14 Swisst10

SWISSTEK (CEYLON) PLC (PARQ.N0000) - Page 14 Swisst10

pfxavier · **355** Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Fri May 27, 2016 10:02 am

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EQChamp,

Why PARQ is going down today ?

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SWISSTEK (CEYLON) PLC (PARQ.N0000)

326 Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Fri Oct 23, 2015 6:39 am

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327 Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Fri Oct 23, 2015 6:44 am

Teller

328 Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Fri Oct 23, 2015 6:48 am

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329 Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Fri Oct 23, 2015 6:53 am

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330 Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Fri Oct 23, 2015 7:08 am

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331 Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Fri Oct 23, 2015 11:37 am

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332 Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Fri Oct 23, 2015 12:38 pm

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333 Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Mon Oct 26, 2015 9:09 am

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334 Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Wed Oct 28, 2015 9:21 am

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335 Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Wed Oct 28, 2015 9:23 am

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336 Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Wed Oct 28, 2015 10:36 am

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337 Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Wed Oct 28, 2015 10:43 am

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338 Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Mon Jan 04, 2016 10:26 am

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339 Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Mon Jan 04, 2016 10:46 am

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340 Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Mon Jan 04, 2016 1:46 pm

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341 Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Tue Jan 05, 2016 1:59 pm

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342 Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Tue Jan 05, 2016 7:59 pm

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343 Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Tue Feb 02, 2016 1:38 pm

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345 Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Sun Feb 14, 2016 11:48 am

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346 Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Sun Feb 14, 2016 12:34 pm

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347 Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Sun Feb 14, 2016 10:11 pm

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348 Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Fri Feb 26, 2016 7:10 am

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349 Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Fri May 06, 2016 7:56 am

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350 Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Fri May 06, 2016 8:30 am

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354 Re: SWISSTEK (CEYLON) PLC (PARQ.N0000) Thu May 26, 2016 11:24 pm

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