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DIPPED PRODUCTS PLC (DIPD.N0000)

+90
geeshanpradeep
Lalithkpeiris
C.THARANGA
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251DIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Mon Nov 09, 2020 1:31 pm

Win Win


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

dammika.me wrote:It is good time to collect DIPD. All are busy with EXPO and DIPD came down to discounted price. Experts any ideas???  bounce
Exactly correct.. There is a superb chance to collect DIPD between Rs.370 to Rs.380..

skyrocket likes this post

252DIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Mon Nov 09, 2020 1:35 pm

arun.cse


Manager - Equity Analytics
Manager - Equity Analytics

Dipp will stabilize between 390-410.Short term rally is finished. 
HAyl will bullish to 500 level

253DIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Mon Nov 09, 2020 1:45 pm

subash81


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

geesura wrote:
dammika.me wrote:It is good time to collect DIPD. All are busy with EXPO and DIPD came down to discounted price. Experts any ideas???  bounce
Im not an expert but that is what happened all are with expo now..this will be a good time but don't buy @oncce collect between 350-370 within a month this will trade @550+

Yes correct 
Dividend too come

254DIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Fri Nov 13, 2020 8:11 pm

Mithooshan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Yesterday 80,000 crossings at Rs.320
Today 200,000 crossings at Rs.320

Negotiated trades are happening for Dipped.

Win Win likes this post

255DIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Fri Nov 13, 2020 8:13 pm

geesura


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

DIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Screen24
Mithooshan wrote:Yesterday 80,000 crossings at Rs.320
Today 200,000 crossings at Rs.320

Mithooshan, judecroos and subash81 like this post

256DIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Empty dipped products Sun Nov 15, 2020 7:51 am

Dilendra23


Senior Equity Analytic
Senior Equity Analytic

Long run what is the price expected after the foreign selling will it be able to hit 400+ with a good dividend announcement cause we saw a 400+ gain a few days and the vaccine news brought it down and since they make industrial gloves can covid impact them big time? 
And are the production orders of them full till 2022?

257DIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Sun Nov 15, 2020 7:56 am

Equityinvestor


Manager - Equity Analytics
Manager - Equity Analytics

Order books full till 2022. Read the asia sec latest valuation.

258DIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Sun Nov 15, 2020 8:13 am

MaJa


Manager - Equity Analytics
Manager - Equity Analytics

Do not count a share to go up based on foreign sales / local sales.
Look at the numbers.  
They don’t have a order book filled till 2022 , but 2021 is full ( which covers 75% of 21/22). Mind you No customer would place orders for 2 years in a consumer market. But given the world market requirements, we can expact them to fill orders for 2022 calendar year very soon
And also their business is diverse both in manufacturing location terms and product wise.
Given the market conditions and politics , we can easily assume that market is favorable for them.  

This is with an annualized EPS of 70-80 for 20/21 and with ongoing expansion, they will do better next year.
This share has the potential to hit 700-800 , but it will take time. Cos investors would want to see above mentioned earnings realized. Once the earnings are established for Q3  share will go up and further after Q4.
Timing would depend on their dividend  announcements ( expected to be somewhere in between 30-40% of their earnings ) and overall market sentiment.

We should take the decisions based on whether we are in for the long run or not. If you are in for long run , take your decision whether foreigners are there or not.



Last edited by MaJa on Sun Nov 15, 2020 8:19 am; edited 1 time in total

judecroos likes this post

259DIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Sun Nov 15, 2020 8:16 am

MaJa


Manager - Equity Analytics
Manager - Equity Analytics

Equityinvestor wrote:Order books full till 2022. Read the asia sec latest valuation.
Thanks for the update. Any possibility of sharing it

Win Win and judecroos like this post

260DIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Sun Nov 15, 2020 2:15 pm

thushyr17


Stock Trader

Dipped's product portfolio is quite diverse. They obtain most of their income from household and industrial gloves. And medical gloves are only produced by their facility in Thailand. Even if a vaccine is found, I don't think it would have a huge impact on their sales of household and industrial gloves. Just look at the October export figures. Industrial and surgical gloves rose by 36.4% percent in October from a year ago https://economynext.com/sri-lanka-exports-fall-14-9-pct-on-covid-19-flare-up-uk-shipments-surge-75929/

Win Win, judecroos and KingMaker2020 like this post

261DIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Sun Nov 15, 2020 2:29 pm

judecroos


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

Dilendra23 wrote:Long run what is the price expected after the foreign selling will it be able to hit 400+ with a good dividend announcement cause we saw a 400+ gain a few days and the vaccine news brought it down and since they make industrial gloves can covid impact them big time? 
And are the production orders of them full till 2022?
yes Smile Smile

262DIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Sun Nov 15, 2020 4:25 pm

Win Win


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

thushyr17 wrote:Dipped's product portfolio is quite diverse. They obtain most of their income from household and industrial gloves. And medical gloves are only produced by their facility in Thailand. Even if a vaccine is found, I don't think it would have a huge impact on their sales of household and industrial gloves. Just look at the October export figures. Industrial and surgical gloves rose by 36.4% percent in October from a year ago https://economynext.com/sri-lanka-exports-fall-14-9-pct-on-covid-19-flare-up-uk-shipments-surge-75929/

Exact point.. It is better to find correct vaccine for DPL future, bcz it will create more businesses to DPL in Industrial & high value added product categories.. Mainly, their buyers are available in American, Europe regions. They have awesome demand for their gloves from these regions due to ban Chinese & Malaysian gloves by Western countries.. They are expanding their capacities. Partially it was completed. The balance will give a good return in future quarters..

263DIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Sun Nov 15, 2020 5:39 pm

ADVENTUS


Moderator
Moderator

Has the EPF dumped its shares? Following the recommendations of Nimal P?

264DIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Sun Nov 15, 2020 7:03 pm

stockback


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

ADVENTUS wrote:Has the EPF dumped its shares? Following the recommendations of Nimal P?


EPF does not sell anything. its political decision.


Government need 7300 levels not less than 5000

if EPF start sale then ASPI will drop 

think.

Kipling, Win Win and geesura like this post

ADVENTUS dislikes this post

265DIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Sun Nov 15, 2020 7:15 pm

fireshelter

fireshelter
Associate Director - Equity Analytics
Associate Director - Equity Analytics

from Monday it self new journey will start

Win Win likes this post

266DIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Sun Nov 15, 2020 7:15 pm

fireshelter

fireshelter
Associate Director - Equity Analytics
Associate Director - Equity Analytics

from Monday it self new journey will start

Win Win and judecroos like this post

267DIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Sun Nov 15, 2020 8:05 pm

judecroos


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

fireshelter wrote:from Monday it self new journey will start
Definitely it should appreciate because DIPD has the potential to move up.

Win Win, judecroos and subash81 like this post

268DIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Mon Nov 16, 2020 4:35 pm

Detective


Senior Equity Analytic
Senior Equity Analytic

Healthy collections around 320-335, now the engine heated UP and hope we can see steady growth of this share hereafter, budget benefits will gear up the run  Cool

Mithooshan and judecroos like this post

269DIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Mon Nov 16, 2020 4:56 pm

subash81


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

Detective wrote:Healthy collections around 320-335, now the engine heated UP and hope we can see steady growth of this share hereafter, budget benefits will gear up the run  Cool

Yes, budget will be good for export 

DIPD / HAYC/ HAYL next journey after budget 

Mithooshan, Win Win and judecroos like this post

270DIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Mon Nov 16, 2020 7:57 pm

manaranga


Stock Analytic
Stock Analytic

Top glove crop malaysia to go under quarantine lock down from today.. good for DIPD..

MarketResearch, Win Win, judecroos, Mr. X and subash81 like this post

271DIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Tue Nov 17, 2020 1:16 am

Win Win


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

manaranga wrote:Top glove crop malaysia to go under quarantine lock down from today.. good for DIPD..

It has a massive ... massive favorable impact to DIPD with its footprint world-wide, because top glove is supplying 26% of global demand. If this is interrupted at least partially, DIPD & other glove manufacturers will gain in large scale and there will be favorable impact in short term, medium term and log term ..

judecroos, subash81 and Detective like this post

272DIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Tue Nov 17, 2020 7:30 am

Detective


Senior Equity Analytic
Senior Equity Analytic

Win Win wrote:
manaranga wrote:Top glove crop malaysia to go under quarantine lock down from today.. good for DIPD..

It has a massive ... massive favorable impact to DIPD with its footprint world-wide, because top glove is supplying 26% of global demand. If this is interrupted at least partially, DIPD & other glove manufacturers will gain in large scale and there will be favorable impact in short term, medium term and log term ..
Mr. Dammika Perera confirmed that news yesterday at Derana360 said he signed 3years agreement with America and grabbed the opportunity.

judecroos likes this post

273DIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Tue Nov 17, 2020 8:08 am

judecroos


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

Detective wrote:
Win Win wrote:
manaranga wrote:Top glove crop malaysia to go under quarantine lock down from today.. good for DIPD..

It has a massive ... massive favorable impact to DIPD with its footprint world-wide, because top glove is supplying 26% of global demand. If this is interrupted at least partially, DIPD & other glove manufacturers will gain in large scale and there will be favorable impact in short term, medium term and log term ..
Mr. Dammika Perera confirmed that news yesterday at Derana360 said he signed 3years agreement with America and grabbed the opportunity.
Good news . The only thing I always told to our members this is worth holding as an investment to make a good profit. Because our hard earned money will be secured. GL

abp1970 likes this post

274DIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Tue Nov 17, 2020 8:42 am

abp1970


Manager - Equity Analytics
Manager - Equity Analytics

judecroos wrote:
Detective wrote:
Win Win wrote:
manaranga wrote:Top glove crop malaysia to go under quarantine lock down from today.. good for DIPD..

It has a massive ... massive favorable impact to DIPD with its footprint world-wide, because top glove is supplying 26% of global demand. If this is interrupted at least partially, DIPD & other glove manufacturers will gain in large scale and there will be favorable impact in short term, medium term and log term ..
Mr. Dammika Perera confirmed that news yesterday at Derana360 said he signed 3years agreement with America and grabbed the opportunity.
Good news . The only thing I always told to our members this is worth holding as an investment to make a good profit. Because our hard earned money will be secured. GL
He claimed that he has invended an active carbon product which abosorb 100% covid virus from drinking water and it is used in all over USA.  He has not asked for a Patant becuse if got patant the concept has to be disclosed. He is sure that it's DNA could not be coppied for another 4-5 yrs.

subash81 likes this post

275DIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Tue Nov 17, 2020 9:05 am

MaJa


Manager - Equity Analytics
Manager - Equity Analytics

abp1970 wrote:
judecroos wrote:
Detective wrote:
Win Win wrote:
manaranga wrote:Top glove crop malaysia to go under quarantine lock down from today.. good for DIPD..

It has a massive ... massive favorable impact to DIPD with its footprint world-wide, because top glove is supplying 26% of global demand. If this is interrupted at least partially, DIPD & other glove manufacturers will gain in large scale and there will be favorable impact in short term, medium term and log term ..
Mr. Dammika Perera confirmed that news yesterday at Derana360 said he signed 3years agreement with America and grabbed the opportunity.
Good news . The only thing I always told to our members this is worth holding as an investment to make a good profit. Because our hard earned money will be secured. GL
He claimed that he has invended an active carbon product which abosorb 100% covid virus from drinking water and it is used in all over USA.  He has not asked for a Patant becuse if got patant the concept has to be disclosed. He is sure that it's DNA could not be coppied for another 4-5 yrs.

That s HAYC , right ?

276DIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Tue Nov 17, 2020 9:29 am

abp1970


Manager - Equity Analytics
Manager - Equity Analytics

MaJa wrote:
abp1970 wrote:
judecroos wrote:
Detective wrote:
Win Win wrote:
manaranga wrote:Top glove crop malaysia to go under quarantine lock down from today.. good for DIPD..

It has a massive ... massive favorable impact to DIPD with its footprint world-wide, because top glove is supplying 26% of global demand. If this is interrupted at least partially, DIPD & other glove manufacturers will gain in large scale and there will be favorable impact in short term, medium term and log term ..
Mr. Dammika Perera confirmed that news yesterday at Derana360 said he signed 3years agreement with America and grabbed the opportunity.
Good news . The only thing I always told to our members this is worth holding as an investment to make a good profit. Because our hard earned money will be secured. GL
He claimed that he has invended an active carbon product which abosorb 100% covid virus from drinking water and it is used in all over USA.  He has not asked for a Patant becuse if got patant the concept has to be disclosed. He is sure that it's DNA could not be coppied for another 4-5 yrs.

That s HAYC , right ?
Yes.  its for Heycab,,  Here it has more compettive edges.
1.  This is environment pro activated carbon production (From coconut cells not by mining, cutting trees. Its really by growing coconut trees)
2. Coconut tree is not available in Europ its grw in our reagion
3. This has another passive income through carbon credits based on this process.
4. Says that properties of coconut cells charcol [POLKATU ANGURU] are not find in any other sources
5.  Collection process is done at a minimal cost.  (Pol Kattu collection and making charcol out of them is not a complex process its a very profitable business opportunity for domestics if really make an awareness. Here only need to burn as we had done for ironing long ago.  1kg  raw cells (narly20ps) 10 -15/- 1kg charcol Rs70-75/-) For 1kg charcol it requires 16-20 pcs.
6. HEYC has it plants in other two countries in Asia (As I remember Malaysia and Indonisia)

judecroos and subash81 like this post

277DIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Tue Nov 17, 2020 9:36 am

MaJa


Manager - Equity Analytics
Manager - Equity Analytics

That s HAYC , right ?[/quote]
Yes.  its for Heycab,,  Here it has more compettive edges.
1.  This is environment pro activated carbon production (From coconut cells not by mining, cutting trees. Its really by growing coconut trees)
2. Coconut tree is not available in Europ its grw in our reagion
3. This has another passive income through carbon credits based on this process.
4. Says that properties of coconut cells charcol [POLKATU ANGURU] are not find in any other sources
5.  Collection process is done at a minimal cost.  (Pol Kattu collection and making charcol out of them is not a complex process its a very profitable business opportunity for domestics if really make an awareness. Here only need to burn as we had done for ironing long ago.  1kg  raw cells (narly20ps) 10 -15/- 1kg charcol Rs70-75/-) For 1kg charcol it requires 16-20 pcs.
6. HEYC has it plants in other two countries in Asia (As I remember Malaysia and Indonisia)[/quote]

Good info. Thanks.

Mithooshan likes this post

278DIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Tue Nov 17, 2020 10:12 am

subash81


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

abp1970 wrote:
MaJa wrote:
abp1970 wrote:
judecroos wrote:
Detective wrote:
Win Win wrote:
manaranga wrote:Top glove crop malaysia to go under quarantine lock down from today.. good for DIPD..

It has a massive ... massive favorable impact to DIPD with its footprint world-wide, because top glove is supplying 26% of global demand. If this is interrupted at least partially, DIPD & other glove manufacturers will gain in large scale and there will be favorable impact in short term, medium term and log term ..
Mr. Dammika Perera confirmed that news yesterday at Derana360 said he signed 3years agreement with America and grabbed the opportunity.
Good news . The only thing I always told to our members this is worth holding as an investment to make a good profit. Because our hard earned money will be secured. GL
He claimed that he has invended an active carbon product which abosorb 100% covid virus from drinking water and it is used in all over USA.  He has not asked for a Patant becuse if got patant the concept has to be disclosed. He is sure that it's DNA could not be coppied for another 4-5 yrs.

That s HAYC , right ?
Yes.  its for Heycab,,  Here it has more compettive edges.
1.  This is environment pro activated carbon production (From coconut cells not by mining, cutting trees. Its really by growing coconut trees)
2. Coconut tree is not available in Europ its grw in our reagion
3. This has another passive income through carbon credits based on this process.
4. Says that properties of coconut cells charcol [POLKATU ANGURU] are not find in any other sources
5.  Collection process is done at a minimal cost.  (Pol Kattu collection and making charcol out of them is not a complex process its a very profitable business opportunity for domestics if really make an awareness. Here only need to burn as we had done for ironing long ago.  1kg  raw cells (narly20ps) 10 -15/- 1kg charcol Rs70-75/-) For 1kg charcol it requires 16-20 pcs.
6. HEYC has it plants in other two countries in Asia (As I remember Malaysia and Indonisia)

Thanks
This is another super news for HAYC

279DIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Fri Nov 27, 2020 3:33 pm

cselearner


Stock Trader

Voting share (N)


Dividend per share (Rs.)
Voting :9.00

Type of dividend
Third interim

Financial year
2020/2021

Shareholder approval
Not required

XD date
08 Dec 2020

Payment date
21 Dec 2020

Share transfer book
Open

Cma and Mr. X like this post

280DIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Sun Nov 29, 2020 3:07 pm

subash81


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

Top Glove sees demand doubling when vaccines ready by year-end



KUALA LUMPUR: While pharmaceutical companies are gaining momentum on positive COVID-19 vaccination news, Top Glove Corporation BhdDIPPED PRODUCTS PLC (DIPD.N0000) - Page 11 Chart expects demand for examination gloves to double when the vaccines are ready by year-end.

[size=36]Its chairman Tan Sri Lim Wee Chai said that over the long term, the glove business remained good and healthy, with the company's share price depending on the earnings and performance.[/size]



"Our share price has been doing well for the past 11 months. Just recently, we have had some hiccups and hope it will be temporary and be back to normal.

[size=36]"Examination gloves are needed to inject vaccines. The world needs to produce seven billion vaccines and will need seven billion pairs of gloves," he said during a Covid-19 update press conference today.[/size]

Despite the expected increase in demand, the world’s largest rubber glove manufacturer had to close some of its facilities due to the high COVID-19 infection rate among its workers.

Top Glove's 20 facilities are temporarily closed with eight production lines still operating, thus reducing its production by between 10 per cent and 20 per cent.

Human Resources Minister Datuk Seri Saravanan Murugan previously said it was due to poor living conditions at the workers’ dormitories, which was denied by Lim.

"We welcome him to visit us again. Because since the minister’s visit, our (housing) condition has continued to improve. Why is it so.. it is because we poured in more money to improve facilities and we want to do it quickly.

"So it came as a big surprise when such comments were made. We need to clarify with the ministry to see what are the areas we did not do correctly and how we can improve," he said.

Asked if the high number of cases involving its workers would cause glove contamination, Lim said such cases are unlikely due to the factory environment, which has a temperature of between 30 degrees and 40 degrees Celsius.

"Inside the oven is around 110 degrees Celsius. COVID-19 virus can’t survive in such heat. As for the packaging of our gloves - our workers are equipped with personal protection equipment and have no direct contact with the gloves.

"When we ship through containers, the temperate is hot, above 40 degrees Celsius and it will take about one month to ship to Europe or other countries. Definitely, there is no contamination," he said.

Top Glove shares further fell following its confirmation yesterday that 20 of its factories in Klang would be temporarily shut after a spike in Covid-19 infections among its workers.

The glove maker has seen its stock price declining by about 30 per cent since early November. - Bernama

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