FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post



Poll

Can there be another Covid-19 wave in Sri Lanka?

DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Vote_lcap68%DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Vote_rcap 68% [ 178 ]
DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Vote_lcap18%DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Vote_rcap 18% [ 47 ]
DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Vote_lcap13%DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Vote_rcap 13% [ 35 ]

Total Votes : 260

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » DIPPED PRODUCTS PLC (DIPD.N0000)

DIPPED PRODUCTS PLC (DIPD.N0000)

+88
C.THARANGA
EPS
Great1
hammurabi
Vasyan
Equity Win
David VKMS
chandike73
Warunabv
Eranx
keen
ResearchMan
apple
SAGA
Gowri123
Cliff777
Love Boy
sak
SHL
AmateurTrader001
kottuwa
Bakka1988
Bakkabwoi
Alpha_Seeker
vikiperera
Ran49
cselearner
manaranga
fireshelter
stockback
ADVENTUS
thushyr17
Dilendra23
subash81
arun.cse
Win Win
geesura
dammika.me
Mr. X
Ryan Hudson
jaya
Kevinmikegrit
Rasika Gamage
lakymahesh
කොටස් වෙළඳපොළ2020
abp1970
MaJa
cseguide
KingMaker2020
Quibit
xpmurali
ranilJ2
Real_Investor
roshan1039
dayandacool
MarketResearch
jayantha245
Wonderer
Detective
FireandWater
RJ1010
Nigesh Pereira@CSE_watch
Bargain
shan31
Nuwancha
DKbogols
heroxhere
Mithooshan
judecroos
Nandun
xhora
Beta1
Equityinvestor
Baba2020
gobinath55555
Junior investor
ONTHEMONEY
Teller
KavinduTM
Miss-Sangeetha
EquityChamp
Udith Fonseka
samaritan
peacockman
anges
fulltilt
spw19721
capitallinkceylon
92 posters

Go to page : Previous  1 ... 5 ... 7, 8, 9 ... 11 ... 15  Next

Go down  Message [Page 8 of 15]

176DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Tue Nov 03, 2020 7:17 pm

cseguide


Vice President - Equity Analytics
Vice President - Equity Analytics

@Mithooshan wrote:
@KingMaker2020 wrote:
@arun.cse wrote:hope 350+ within this week
Certainly sir, a fundamentally strong company that was panic sold last few days due to current developments.

Dipped might surprise everyone very soon. If we check the dates of the quarterly reports uploaded for the company, they have published it on last few working days of October or early November. We are closing in on the report. It can be uploaded early as tomorrow or latest by Friday.

This is proven by the collection on last two days. Over 1.1Mn shares. For the sake of calculation if i estimate the avg-transaction price as Rs.310 (reasonable based on traded prices for the volumes), total traded revenue for the volume is 341Mn.

Clearly few selected individuals know the second quarter result is going to be out soon and trying to capitalize the opportunity. Get in before its too late or hold on if you have Dipped.
(There is no other reason to spend 340+Mn all of a sudden. I don’t think buyers are purchasing the share only because of fundamentals. This time there is an opportunity for short term gain as well)

@KingMaker2020 - It is not panic selling but selling from foreigners who hold the share with good profits. Once the report is out foreign selling sentiment might even change to a foreign buying sentiment.
with TPL and KVAL profit and its glove production is in a very promising environment DIPD will be an exceptional candidate in the future.

RJ1010 and judecroos like this post

177DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Tue Nov 03, 2020 7:25 pm

Mr. X


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

DIPD foreign sales.... just for knowledge...

DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Dipd10

Mithooshan likes this post

178DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Wed Nov 04, 2020 10:56 am

Win Win


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Exceed Rs.350 today 

With QR during this week, Rs.400

179DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Wed Nov 04, 2020 11:15 am

arun.cse


Manager - Equity Analytics
Manager - Equity Analytics

@Win Win wrote:Exceed Rs.350 today 

With QR during this week, Rs.400
 within today......cannot be expected.

180DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Wed Nov 04, 2020 12:42 pm

Mithooshan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

@arun.cse wrote:
@Win Win wrote:Exceed Rs.350 today 

With QR during this week, Rs.400
 within today......cannot be expected.

Foreign selling is frustrating at times. They will keep selling until results are out. Being patient is the key.

Win Win and judecroos like this post

181DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Wed Nov 04, 2020 1:14 pm

arun.cse


Manager - Equity Analytics
Manager - Equity Analytics

@Mithooshan wrote:
@arun.cse wrote:
@Win Win wrote:Exceed Rs.350 today 

With QR during this week, Rs.400
 within today......cannot be expected.

Foreign selling is frustrating at times. They will keep selling until results are out. Being patient is the key.


As my feeling it will touch 350 within this week.

Mithooshan likes this post

182DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Wed Nov 04, 2020 1:29 pm

Win Win


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

@arun.cse wrote:
@Mithooshan wrote:
@arun.cse wrote:
@Win Win wrote:Exceed Rs.350 today 

With QR during this week, Rs.400
 within today......cannot be expected.

Foreign selling is frustrating at times. They will keep selling until results are out. Being patient is the key.


As my feeling it will touch 350 within this week.
Yes, good time to collect !! It is difficult understand how foreigners are acting ??

DIPD should go up in higher speed of higher gear than EXPO !!
Results should be released during first week. 

Estimated EPS for 2020/21 is Rs.90, Expected price is Rs.540 by end of 2nd week of Nov 20

Mithooshan likes this post

183DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Wed Nov 04, 2020 1:35 pm

Mithooshan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

@Win Win wrote:
@arun.cse wrote:
@Mithooshan wrote:
@arun.cse wrote:
@Win Win wrote:Exceed Rs.350 today 

With QR during this week, Rs.400
 within today......cannot be expected.

Foreign selling is frustrating at times. They will keep selling until results are out. Being patient is the key.

As my feeling it will touch 350 within this week.
Yes, good time to collect !! It is difficult understand how foreigners are acting ??

DIPD should go up in higher speed of higher gear than EXPO !!
Results should be released during first week. 

Estimated EPS for 2020/21 is Rs.90, Expected price is Rs.540 by end of 2nd week of Nov 20

If and when the results are out Rs.350 is no gamer.

Edit (2:32P.M) - Who else observed the bullish buying at the last minute !

judecroos, geesura and Wonderer like this post

184DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Wed Nov 04, 2020 3:01 pm

judecroos


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

@Mithooshan wrote:
@Win Win wrote:
@arun.cse wrote:
@Mithooshan wrote:
@arun.cse wrote:
@Win Win wrote:Exceed Rs.350 today 

With QR during this week, Rs.400
 within today......cannot be expected.

Foreign selling is frustrating at times. They will keep selling until results are out. Being patient is the key.

As my feeling it will touch 350 within this week.
Yes, good time to collect !! It is difficult understand how foreigners are acting ??

DIPD should go up in higher speed of higher gear than EXPO !!
Results should be released during first week. 

Estimated EPS for 2020/21 is Rs.90, Expected price is Rs.540 by end of 2nd week of Nov 20

If and when the results are out Rs.350 is no gamer.

Edit (2:32P.M) - Who else observed the bullish buying at the last minute !
I have noticed the scenario. No worries because lot of our members recommended this counter form a long time and when this second wave hit on 5th October I have post messages not to sell this. I did my part as a member because I know this will break the 380 level. And I have collected a lot too as an INVESTMENT. GL
I saw this prediction by gamaya's post and it should be correct.
It's 21.88 DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Party-popper1 DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Party-popper1 . Well predicted guys. QR is excellent. Basketball Basketball cheers cheers cheers



Last edited by judecroos on Wed Nov 04, 2020 3:24 pm; edited 1 time in total

Mithooshan likes this post

185DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Wed Nov 04, 2020 3:20 pm

RJ1010


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

And the financials are out!!! Super performance as expected... expect fireworks tomorrow 😄

MarketResearch and judecroos like this post

186DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Wed Nov 04, 2020 3:20 pm

MaJa


Manager - Equity Analytics
Manager - Equity Analytics

Q2 results out.
EPS 1H 32. On track for a annualized EPS 60-70.

MarketResearch and judecroos like this post

187DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Wed Nov 04, 2020 3:24 pm

Mithooshan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

https://cdn.cse.lk/cmt/upload_report_file/670_1604482484847.pdf

Tomorrow is the day 💎

MarketResearch, RJ1010 and judecroos like this post

188DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Wed Nov 04, 2020 3:25 pm

judecroos


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

@MaJa wrote:Q2 results out.
EPS 1H 32. On track for a annualized EPS 60-70.
cheers cheers cheers cheers cheers cheers cheers cheers santa santa santa santa santa

MarketResearch likes this post

189DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Wed Nov 04, 2020 3:26 pm

judecroos


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

@Mithooshan wrote:https://cdn.cse.lk/cmt/upload_report_file/670_1604482484847.pdf

Tomorrow is the day 💎
cheers cheers cheers cheers cheers

MarketResearch, Mithooshan and geesura like this post

190DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Wed Nov 04, 2020 3:49 pm

geesura

geesura
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

@ONTHEMONEY wrote:
@Win Win wrote:
@DKbogols wrote:Lot of people forget that 40% of DIPD’s income comes from plantations. Not just a PPE manufacturer. I am expecting a super Q2 as a result of both PPE performance and plantations. Fundamentally DIPD is very strong and much more room to grow in terms of PE multiples - especially considering exceptional Q2 results expected soon. In a typical investment we expect min. 30% return in 1 year, but with DIPD this can be achieved in a month!

That is why I have been highlighting DIPD from May 20.

DIPD will give the Super Performance. Now, they provided 5% of World Glove (HH & IG) demand. Now, they are ready to go above recent expansions and price gains.

DIPD should increase by rallies like EXPO and remain above Rs.400. In addition to the Capital Gain, DIPD will give a reasonable dividend in next 2 quarters. Until releasing Q2, it will gradually reach Rs.270 & Rs.300. With Q2 release, I expect a journey to Rs.400.

Again post following note for every one progress !! Keep adequate quantity in your portfolio, bcz this is a real good value share with expecting 60% capital gain from current price. Really Worth !!

DIPD has a wonderful time with their expansions done in last year as well as spanning of more than 70 countries. Think world glove demand has increased by 600% and no sign to end of covid. Most of coutris locked down the operation in Mar to May 20 and started most of businesses from June 20, Then, again Glove demand as a PPE has been multiplied by few times in addition to 600%. Also, DIPD recorded massive increase in profit in Q1 with 2 months lock-down. DIPD has very strong investments such as TPL & KVAL. They are performing well and TEA market is very good one these days. Also, new market places are opened for Gloves & TEA day by day in addition to extra demand on existing market. That will be the reason, DIPD directors bought DIPD share bulks at Rs.187-200 range. They know the real value of this share.
Considering all these factors, DIPD Q2 must be very impressive and a clear picture. When calculated the expected EPS, it should be more than Rs.24 in Q2. Annualized EPS should reflect as Rs.90 +. Based on this annualized PE, DIPD PE is only 2.44 at current market price. Sector PE is 14.6. If adjust DIPD price to Sector PE, Price would be > Rs.1,300. But, will not adjust DIPD price to sector PE. But, it should raise and keep above Rs.400 when compare to other companies specially Manufacturing sector. 
Do your own analysis and make this valuable investment.
My view is DIPD share is the share should go up as EXPO !!
Less Risk + Mass Capital Gains
Hi Winwin,


Thanks for recognizing this share well ahead. I see strong upside potential for DIPD by looking at the MACRO fundamentals correlating earnings to grow more than 500% expected for the FY 2020/21.

DIPD is a RARE GOLD MINE in CSE now. If you look at How EXPO rallied based on earnings growth, DIPD share price at current levels is still showing MUCH STRONG POTENTIAL 

I would endorse Winwin's MARKET VALUE COMPUTATION together with following perspective.

EPS recorded for 1Q20 = Rs 10.19 
EPS expected for 2Q20 = Rs 20 
EPS expected for 3Q20 = Rs 20
EPS expected for 4Q20 = Rs 20

Annualized EPS = Rs 70.19

Market Value =Rs 699/- 
[Rs 70.19 x 9.97 Market PE as of 14.10.2020]

Materials Sector PE = 17.69 as of 14.10.2020

Note - I expect the 100% production capacity utilization doubled the EPS for remaining quarters as there was only 50% production due to lockdown. However, DIPD is not taking any NEW ORDERS for 2021 and the order book is full by now which suggests 100% GURANTEED CASH FLOW in upcoming quarters. This way I would feel the earnings would be more conservative.

I strongly feel DIPD to record above earnings for remaining quarters due to following;

1. Increased GLOVE Demand due to incremental growth In COVID cases with Winter Season on the corner in EUROPE 

2. NO NEW ORDERS are taken till 2022 and the cash flow for the financial year is secured well ahead. If you have any GLOVE ORDERS call and see.

3. Increased capacity expansion by launching TPR plant in Biyagama which has INCREASED production lines to 32 enabling the capacity manufacture 300 variants.

Source -  http://www.dailymirror.lk/40500/dipped-products-to-invest-in-new-glove-manufacturing-facility-in-biyagama-zone-
DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 0?ui=2&ik=f526e28534&attid=0


4. The company revenue contributed by Hand Protection and plantation. Both have increased significantly recording a growth beyond 100%.

Therefore, with this enormous amount sales with100% capacity utilization in all factories located in Thailand as well, DIPD is to deliver the ONE OF THE BEST FINANCIAL REPORTS in upcoming QUARTERS

If anyone is planning to sell, it will be your PRECIOUS ASSETS SELLING @ 50% BARGAIN price
 
Good Luck
MORE THAN EXPECTED now ur target prices also should increase..so i kindly request ON THE MONEY to do another work on this share.

MarketResearch and Win Win like this post

191DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Wed Nov 04, 2020 3:51 pm

subash81


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

EPS
Q1 Rs 10+
Q2 Rs 21.88

Q3 and Q 4 too can expect similar earning (EPS 44)as order book full 

For the year EPS Rs 75

Even if PE 6 DIPD should trade around 450
with 8 PE around 600

MarketResearch and Mithooshan like this post

192DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Wed Nov 04, 2020 3:55 pm

Detective


Senior Equity Analytic
Senior Equity Analytic

Ok Ok, Awesome DIPD payback as we predicted, now now can you imagine the target price?  bounce bounce bounce
Profits for quarter 503% UP
EPS for quarter 21.88 / six month 32.07 > 6 times UP
Where will it ends now  alien alien alien
More appreciations booked for next quarters + super dividends

MarketResearch and Win Win like this post

193DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Wed Nov 04, 2020 4:06 pm

Win Win


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

DIPD should go up in higher speed of higher gear than EXPO !!


  Basketball Basketball

MarketResearch, geesura and subash81 like this post

194DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Empty DIPPED INTERIM REPORT Wed Nov 04, 2020 4:15 pm

jaya


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

https://cdn.cse.lk/cmt/upload_report_file/670_1604482484847.pdf

judecroos likes this post

195DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Wed Nov 04, 2020 4:23 pm

geesura

geesura
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

600 බල යන සීග්‍රගාමී දුම්රිය නොවැලක්විය හේතුන් මත ඉදිරි නැවතුම්පොළවල් වල නැවත තබන කාලය අවම කර තිබේ දුම්රියට ගොඩවූ ඔබ සැමට සුබ ගමනක් වේවා !!

abp1970, Nandun, Mithooshan, Win Win and Wonderer like this post

196DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Wed Nov 04, 2020 4:29 pm

abp1970


Manager - Equity Analytics
Manager - Equity Analytics

https://cdn.cse.lk/cmt/upload_report_file/670_1604482484847.pdf

197DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Wed Nov 04, 2020 4:34 pm

Wonderer


Equity Analytic
Equity Analytic

@geesura wrote:600 බල යන සීග්‍රගාමී දුම්රිය නොවැලක්විය හේතුන් මත ඉදිරි නැවතුම්පොළවල් වල නැවත තබන කාලය අවම කර තිබේ දුම්රියට ගොඩවූ ඔබ සැමට සුබ ගමනක් වේවා !!
Very Happy Very Happy

198DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Wed Nov 04, 2020 4:36 pm

Wonderer


Equity Analytic
Equity Analytic

@Win Win wrote:DIPD should go up in higher speed of higher gear than EXPO !!


  Basketball Basketball
Thank you @Win Win for keeping recommending this super counter.

Win Win likes this post

199DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Wed Nov 04, 2020 4:45 pm

Wonderer


Equity Analytic
Equity Analytic

@Mithooshan wrote:
@Win Win wrote:
@arun.cse wrote:
@Mithooshan wrote:
@arun.cse wrote:
@Win Win wrote:Exceed Rs.350 today 

With QR during this week, Rs.400
 within today......cannot be expected.

Foreign selling is frustrating at times. They will keep selling until results are out. Being patient is the key.

As my feeling it will touch 350 within this week.
Yes, good time to collect !! It is difficult understand how foreigners are acting ??

DIPD should go up in higher speed of higher gear than EXPO !!
Results should be released during first week. 

Estimated EPS for 2020/21 is Rs.90, Expected price is Rs.540 by end of 2nd week of Nov 20

If and when the results are out Rs.350 is no gamer.

Edit (2:32P.M) - Who else observed the bullish buying at the last minute !
@Win Win: Noticed the same. Massive buying even around 330

Win Win and judecroos like this post

200DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Wed Nov 04, 2020 9:48 pm

Quibit


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

Pls post in the Dipped main thread instead of creating a new thread. Your article will be consolidated to the main DIPPED PRODUCT thread shortly.

201DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Wed Nov 04, 2020 10:15 pm

Win Win


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

@geesura wrote:600 බල යන සීග්‍රගාමී දුම්රිය නොවැලක්විය හේතුන් මත ඉදිරි නැවතුම්පොළවල් වල නැවත තබන කාලය අවම කර තිබේ දුම්රියට ගොඩවූ ඔබ සැමට සුබ ගමනක් වේවා !!
Nice statement  Very Happy Very Happy


600


DIPD should go up in higher speed of higher gear than EXPO !!

MarketResearch and geesura like this post

202DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Thu Nov 05, 2020 6:59 am

Mithooshan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

http://www.ft.lk/front-page/COVID-catapults-Dipped-Products-1H-after-tax-profit-by-545-to-Rs-2-1-b/44-708506

Good Start !

Mithooshan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Daily FT
http://www.ft.lk/front-page/COVID-catapults-Dipped-Products-1H-after-tax-profit-by-545-to-Rs-2-1-b/44-708506

2Q alone surpasses full FY20 pre-tax profit of Rs. 1.1 b

FY21 1H pre-tax profit more than double of full FY20
Revenue up 33% to Rs. 20.3 b; 2Q sees higher growth of 47%

Hand protection revenue up 49% and pre-tax profit up four times to Rs. 2.2 b

Investors re-rate value as share price has risen from Rs. 88 in Sept. 2019 to Rs. 224.10 in Sept. 2020 and to Rs. 328.50 as of yesterday

Fully integrated rubber glove manufacturer and exporter Dipped Products PLC (DIPD) is enjoying a milestone year thanks to the COVID-19 pandemic, with the half-yearly after-tax profit soaring by 545% to Rs. 2.1 billion.

Pre-tax profit was up 479% to Rs. 2.6 billion, whilst net profit attributable to equity holders of the parent company was up 377% to Rs. 1.9 billion.

The latest interim results confirm DIPD has overtaken the FY20 full year pre-tax profit of Rs. 1.1 billion comfortably. The half-yearly revenue saw a healthy growth of 33% to Rs. 20.3 billion. In full, the FY20 revenue was Rs. 30.5 billion.

DIPD is a world leader in protective hand wear, supplying 5% of global demand for household and industrial gloves. The COVID-19 pandemic has boosted sales of medical and household gloves and other Personal Protection Equipment (PPE) wear.

Showing what was in store, DIPD in 1Q of FY21 saw pre-tax profit jumped by 305% to Rs. 895.4 million, whilst after-tax profit was Rs. 720.6 million, up 643% from a year earlier and fell short of FY20 full year figure of Rs. 850 million. 1Q bottom line was Rs. 610 million, up by 501% from a year earlier. Revenue grew by 19% to Rs. 9.3 billion.

The second quarter has been busier with revenue up 47% to Rs. 10.96 billion. Pre-tax profit was up by 647% to Rs. 1.7 billion and after-tax figure up 503% to Rs. 1.4 billion.

Hand protection revenue in 1H amounted to Rs. 12.8 billion, up 49% from Rs. 8.6 billion a year earlier. Revenue from plantations improved to Rs. 7.5 billion from Rs. 6.7 billion.

Pre-tax profit from hand protection has soared nearly four times to Rs. 2.2 billion from Rs. 660 million a year ago, whilst that of plantations amounted to Rs. 542 million up from Rs. 10 million.

Total assets as at 30 September were Rs. 31.3 billion, up from Rs. 25.5 billion a year earlier and Rs. 27 billion at the end of FY20.

Investors have also re-rated value of the DIPD share price with the 30 September closing price of Rs. 224.10 as against Rs. 88 a year ago. DIPD’s market capitalisation has tripled to Rs. 13.4 billion in the past one year. By yesterday, the share price had further risen to Rs. 328.50 and market capitalisation was Rs. 19.6 billion.

DIPD’s vast product range comprises over 300 variants of 124 product varieties of natural and synthetic-latex-based supported and unsupported gloves with numerous applications. The products are sold in over 70 countries across six continents.

judecroos and Kevinmikegrit like this post

204DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Thu Nov 05, 2020 10:17 am

කොටස් වෙළඳපොළ2020


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

DIPD කාර්තු වාර්ථාව 2020-9-30
EPS RS 32.07
නෙට් 217


DIPD එක්ක KVAL,REXP,HAYC,HAYL,HEXP,BPPL, මිළ ඉහල යයි

Mithooshan likes this post

205DIPPED PRODUCTS PLC (DIPD.N0000) - Page 8 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Thu Nov 05, 2020 10:25 am

subash81


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

Asia securities upgrade DIPD target to 560

Mithooshan and judecroos like this post

Sponsored content



Back to top  Message [Page 8 of 15]

Go to page : Previous  1 ... 5 ... 7, 8, 9 ... 11 ... 15  Next

Permissions in this forum:
You cannot reply to topics in this forum