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CFLB and LCEY 4Q Results!

+9
BenZ
innam
Quibit
FXX
Aro
themask
econ
Max
godswen
13 posters

Go down  Message [Page 1 of 1]

1CFLB and LCEY 4Q Results!  Empty CFLB and LCEY 4Q Results! Tue May 31, 2011 5:35 pm

godswen

godswen
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

CFLB
http://www.cse.lk/cmt/upload_report_file/504_1306838786883.pdf

LCEY
http://www.cse.lk/cmt/upload_report_file/497_1306838632253.pdf

2CFLB and LCEY 4Q Results!  Empty Re: CFLB and LCEY 4Q Results! Tue May 31, 2011 5:43 pm

Max


Senior Equity Analytic
Senior Equity Analytic

So whats the verdict?
Results look good to me, but I'm no expert Smile

3CFLB and LCEY 4Q Results!  Empty Re: CFLB and LCEY 4Q Results! Tue May 31, 2011 5:47 pm

econ

econ
Global Moderator

good growth in 2010.. I think still capable of good growth in 2011 too.

4CFLB and LCEY 4Q Results!  Empty Re: CFLB and LCEY 4Q Results! Tue May 31, 2011 5:49 pm

godswen

godswen
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Max wrote:So whats the verdict?
Results look good to me, but I'm no expert Smile

Yeah same here man! Better results compared to last year! Smile

5CFLB and LCEY 4Q Results!  Empty Re: CFLB and LCEY 4Q Results! Tue May 31, 2011 5:50 pm

themask

themask
Manager - Equity Analytics
Manager - Equity Analytics

KOTA results are out as well.

6CFLB and LCEY 4Q Results!  Empty Re: CFLB and LCEY 4Q Results! Tue May 31, 2011 6:09 pm

Aro


Equity Analytic
Equity Analytic

Max wrote:So whats the verdict?
Results look good to me, but I'm no expert Smile

To me LCEY is still undervealued with a EPS 37+ and sector PE of 19~20 this share should be worth 700+

Experts pl correct me if im wrong

this is just my thought - pl dont buy/sell based on this analysis

7CFLB and LCEY 4Q Results!  Empty Re: CFLB and LCEY 4Q Results! Tue May 31, 2011 6:21 pm

FXX

FXX
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

CFLB looks good

8CFLB and LCEY 4Q Results!  Empty Re: CFLB and LCEY 4Q Results! Tue May 31, 2011 6:37 pm

Quibit


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

CFLB
EPS of Rs.10/= gives a historical PER of 8X at current trading price of Rs 80/=. Also the Net Asset Value (NAV) of Rs 120/= indicates that share is currently trading at a 30% discount to the book value. Share should be worth at least Rs 100/=



Last edited by Quibit on Tue May 31, 2011 7:18 pm; edited 1 time in total

9CFLB and LCEY 4Q Results!  Empty Re: CFLB and LCEY 4Q Results! Tue May 31, 2011 6:45 pm

innam

innam
Manager - Equity Analytics
Manager - Equity Analytics

Quibit wrote:EPS of Rs.10/= gives a historical PER of 8X at current trading price of Rs 80/=. Also the Net Asset Value (NAV) of Rs 120/= indicates that share is currently trading at a 30% discount to the book value. Share should be worth at least Rs 100/=

Adjusted for the 1 to 5 split EPS for the year is 6.

Adjusted for the split NAV is 24, are you saying that the share should trade at 17 (which is the 30% discount to BV)?

10CFLB and LCEY 4Q Results!  Empty Re: CFLB and LCEY 4Q Results! Tue May 31, 2011 6:46 pm

BenZ

BenZ
Manager - Equity Analytics
Manager - Equity Analytics

CFLB EPS should be diluted. Razz

EPS is calculated in the Q report before the split.

11CFLB and LCEY 4Q Results!  Empty Re: CFLB and LCEY 4Q Results! Tue May 31, 2011 6:52 pm

FXX

FXX
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Quibit wrote:EPS of Rs.10/= gives a historical PER of 8X at current trading price of Rs 80/=. Also the Net Asset Value (NAV) of Rs 120/= indicates that share is currently trading at a 30% discount to the book value. Share should be worth at least Rs 100/=
hope the price wont go down like KGAL after the results, CFLB cost me 86 in average few weeks back

12CFLB and LCEY 4Q Results!  Empty Re: CFLB and LCEY 4Q Results! Tue May 31, 2011 7:07 pm

greene


Equity Analytic
Equity Analytic

LCEYs eps for the 2010 quarter march on its march 2010 report was at 6.72.
and its 3.15 on this report ????



Last edited by greene on Tue May 31, 2011 7:17 pm; edited 1 time in total

13CFLB and LCEY 4Q Results!  Empty Re: CFLB and LCEY 4Q Results! Tue May 31, 2011 7:14 pm

innam

innam
Manager - Equity Analytics
Manager - Equity Analytics

greene wrote:LCEYs eps was for the 2010 quarter march on its march 2010 report was at 6.72.
and its 3.15 on this report ????

Both CFLB and LCEY have a nasty habit of restating their accounts once the audit is completed. it's highly likely that the figures for the year will change when the audited accounts are released in 1-2 months.

14CFLB and LCEY 4Q Results!  Empty Re: CFLB and LCEY 4Q Results! Tue May 31, 2011 7:21 pm

greene


Equity Analytic
Equity Analytic

innam wrote:
greene wrote:LCEYs eps was for the 2010 quarter march on its march 2010 report was at 6.72.
and its 3.15 on this report ????

Both CFLB and LCEY have a nasty habit of restating their accounts once the audit is completed. it's highly likely that the figures for the year will change when the audited accounts are released in 1-2 months.

oh, i see. thats one hell of discrepancy tho man. when ur off by more than a 100 percent haha

15CFLB and LCEY 4Q Results!  Empty Re: CFLB and LCEY 4Q Results! Tue May 31, 2011 8:56 pm

gann

gann
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

i am missing tubal's i told you so comments here tongue

16CFLB and LCEY 4Q Results!  Empty Re: CFLB and LCEY 4Q Results! Tue May 31, 2011 9:43 pm

avilon

avilon
Senior Equity Analytic
Senior Equity Analytic

Aro wrote:
Max wrote:So whats the verdict?
Results look good to me, but I'm no expert Smile

To me LCEY is still undervealued with a EPS 37+ and sector PE of 19~20 this share should be worth 700+

Experts pl correct me if im wrong

this is just my thought - pl dont buy/sell based on this analysis
http://forum.srilankaequity.com/t3030-lcey-growth-potential

17CFLB and LCEY 4Q Results!  Empty Re: CFLB and LCEY 4Q Results! Tue May 31, 2011 9:47 pm

avilon

avilon
Senior Equity Analytic
Senior Equity Analytic

FXX wrote:CFLB looks good


http://forum.srilankaequity.com/t3071-lceybrwncflbdocklolc

18CFLB and LCEY 4Q Results!  Empty Re: CFLB and LCEY 4Q Results! Tue May 31, 2011 10:11 pm

tubal


Vice President - Equity Analytics
Vice President - Equity Analytics

gann wrote:i am missing tubal's i told you so comments here tongue

I've recently decided that sooner the dumb money is taken out of the owner's pockets, the better it is for everyone, so I am keeping my mouth shut till that happy day comes around Very Happy

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