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ACME Aluminium Ready to Move Up Similar PARQ

+3
troy
happybulls
Gainer
7 posters

Go down  Message [Page 1 of 1]

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

ACME Aluminium Ready to Move Up Similar PARQ

ACME Last September Quarter Return to Profit

ACME Company income September Quarter 9.85 million

ACME Net Asset Value Per Share 15.13 Rupees

ACME Trading Price Golden Opportunity for Buy

ACME Expecting December Quarter Good Profit

ACME Short Term Target Price 20.00 Rupees

Aluminium World Market Price All Time Low Now.

happybulls

happybulls
Equity Analytic
Equity Analytic

Now the best time to buy ACME... Very Happy Very Happy Very Happy Very Happy

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

PARQ few year ago traded at 11.00  Now it's trading 60.00 bcoz of Aluminium Sector boom.

ACME Aluminium also same thing Now Return to Profit last Quarter,December Quarter they will show good profit.

ACME for BUY : Low Cost High Profit and more than double profits sure within short term.

troy

troy
Moderator
Moderator

Gainer please clarify how aluminium prices impact ACME this much???

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

troy wrote:Gainer please clarify how aluminium prices impact ACME this much???

ACME:The leading flexible packaging manufacturer in Sri Lanka, providing quality flexible packaging solutions for a period spanning over 50 years. Our continuous efforts to enhance our standards have resulted in the Company achieving the ISO certification since year 2000 and today we are an ISO: 9001-2000 certified company. Established in the year 1949 purely to manufacture rolled Aluminum Foil mainly for the tea industry, today we have the capability of supplying printed flexible packaging material using Roto Gravure and Flexo graphic printing technologies for various forms of laminates with foil, film and paper. Our annual turnover presently is around US $ 8mn and we have plans and spare capacity to increase our business volumes further. We have a state of the art laboratory with testing facilities to check raw materials and products at each stage of manufacture to ensure quality. Our customers include some of the largest multi national companies operating in Sri Lanka such as Unilever, Nestle Lanka, GlaxoSmithKline and Reckitt Benckiser, to name a few.In addition, we supply considerable quantities of flexible packaging material to the two largest biscuit manufacturers in Sri Lanka, viz Maliban Biscuit and Ceylon Biscuit who export their products to many countries.We supply packaging materials in the form of printed/laminated reels, pouches, sheets and lids converted out of Aluminum Foil, BOPP, LLDPE, Nylon, Polyester and Paper for the packaging of a wide range of products such as Confectionery, Milk Powder, Biscuits, Snacks, Drinks/Beverages, Tea, Noodles, Soya Nuggets, Processed Meat Products, Pharmaceuticals, Detergent Powders, Agro Chemicals, Cigarette Foil as well as the Garment industry etc.

troy

troy
Moderator
Moderator

Gainer wrote:
troy wrote:Gainer please clarify how aluminium prices impact ACME this much???

ACME:The leading flexible packaging manufacturer in Sri Lanka, providing quality flexible packaging solutions for a period spanning over 50 years. Our continuous efforts to enhance our standards have resulted in the Company achieving the ISO certification since year 2000 and today we are an ISO: 9001-2000 certified company. Established in the year 1949 purely to manufacture rolled Aluminum Foil mainly for the tea industry, today we have the capability of supplying printed flexible packaging material using Roto Gravure and Flexo graphic printing technologies for various forms of laminates with foil, film and paper. Our annual turnover presently is around US $ 8mn and we have plans and spare capacity to increase our business volumes further. We have a state of the art laboratory with testing facilities to check raw materials and products at each stage of manufacture to ensure quality. Our customers include some of the largest multi national companies operating in Sri Lanka such as Unilever, Nestle Lanka, GlaxoSmithKline and Reckitt Benckiser, to name a few.In addition, we supply considerable quantities of flexible packaging material to the two largest biscuit manufacturers in Sri Lanka, viz Maliban Biscuit and Ceylon Biscuit who export their products to many countries.We supply packaging materials in the form of printed/laminated reels, pouches, sheets and lids converted out of Aluminum Foil, BOPP, LLDPE, Nylon, Polyester and Paper for the packaging of a wide range of products such as Confectionery, Milk Powder, Biscuits, Snacks, Drinks/Beverages, Tea, Noodles, Soya Nuggets, Processed Meat Products, Pharmaceuticals, Detergent Powders, Agro Chemicals, Cigarette Foil as well as the Garment industry etc.

So u think their performances are highly depended on aluminium prices????  Laughing Laughing Laughing

Only less than 5% of performance will be on aluminium price drop. Their performances are vulnerable to demand from their clients mainly.

Yes, ACME may be recovering. They are becoming more machine oriented and their labour costs will be less in next quarters. But, one or two big orders can change the whole picture. Furthermore, always don't believe what company's website is publishing cause these facts can be so outdated.

Finally, I request you not to fool forum followers and gain undue benefits. 

ACME might have a run but its not because of aluminium. 

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

ACME Short term target 20.00+

chamil1


Manager - Equity Analytics
Manager - Equity Analytics

Gainer wrote:ACME Short term target 20.00+

Pissuwa thawa wedi wela 

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics


ACME Profit up and Strong target 20.00

fireshelter

fireshelter
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Very Happy Very Happy really

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

ACME high buying presure it willl move up top levels

troy

troy
Moderator
Moderator

pau gainer.... pls take ACME to top. otherwise this lamenting will continue..

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

ACME , PARQ , ALUF Ready for bull run

Jayashantha

Jayashantha
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

ACME does have NAVPS of Rs. 15.38, but for the six months ended on September 30, the loss per share had been a dismal Rs.0.24. I'm not very sure one quarter's performance can boost the earnings so much in a manufacturing business like Acme.

EquityChamp

EquityChamp
Moderator
Moderator

ACME is not an aluminium company they are in the business of packaging. Aluminium is a material to use for making aluminium foil for packaging. PARQ is a complete different business where they manufacture grout for tiles. Two different businesses and two different models.

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