DIPPED PRODUCTS PLC (DIPD.N0000)

shan31 wrote:DIPD is a good share , i think it is still worth at 275/- due to is low PE.

For some reason HAYC is yet to start the upward movment. It is much more profitable than DIPD. HAYC this year EPS will be around 100/=. My expection is this share to go over 700 by year end. Quite possible to have a share split as well.

Always HAYC Market Price was about the 1.5 to 2 times of DIPD. HAYC still at 340 when DIPD rose to 290 today so I expect HAYC to move up from tomorrow towards 400/ by weekend.

Do your analysis and get onboard before its too late.

subash81 wrote:

shan31 wrote:DIPD is a good share , i think it is still worth at 275/- due to is low PE.

For some reason HAYC is yet to start the upward movment. It is much more profitable than DIPD. HAYC this year EPS will be around 100/=. My expection is this share to go over 700 by year end. Quite possible to have a share split as well.

Always HAYC Market Price was about the 1.5 to 2 times of DIPD. HAYC still at 340 when DIPD rose to 290 today so I expect HAYC to move up from tomorrow towards 400/ by weekend.

Do your analysis and get onboard before its too late.

Thanks HAYC I think foreign selling

subash81 wrote:

shan31 wrote:DIPD is a good share , i think it is still worth at 275/- due to is low PE.

For some reason HAYC is yet to start the upward movment. It is much more profitable than DIPD. HAYC this year EPS will be around 100/=. My expection is this share to go over 700 by year end. Quite possible to have a share split as well.

Always HAYC Market Price was about the 1.5 to 2 times of DIPD. HAYC still at 340 when DIPD rose to 290 today so I expect HAYC to move up from tomorrow towards 400/ by weekend.

Do your analysis and get onboard before its too late.

Thanks HAYC I think foreign selling

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

subash81 wrote:Thanks you are on the money
Even 500 ok 

ONTHEMONEY wrote:Hi all,

DIPD and HAYC earnings for 2Q20 might be one of the BEST reports in history. Specially DIPD EPS growth potential looks significantly strong in upcoming Quarters with COVID19 led demand could SURPASS HAYC earrings as well.
 
I am not surprised if DIPD share price OVERTAKE HAYCARB


DIPD is to not taking any new orders till end 2021. How about that? 


If anyone having a GLOVES order can CALL Dipped Products and Check


That's why I say DIPD is highly secured than Banks at this juncture


Good Luck

Win Win wrote:Race of 3 Counters in the Same Group


DIPD
HAYC
HAYL


All 3 share prices will exceed Rs.500 in very short term !!

arun.cse wrote:

Win Win wrote:Race of 3 Counters in the Same Group


DIPD
HAYC
HAYL


All 3 share prices will exceed Rs.500 in very short term !!

dipp- winner
hayl- runner up
hayc- second runner up

ONTHEMONEY wrote:Hi all,

When comparing the huge Director sales in counters like PAP and RAL, the CEO and Directors of DIPD have purchased more than 200,000 shares around Rs 190~200. It is completely a different sentiment for DIPD 

PAP and RAL directors sales could be number of reasons which we don't know. May be they even have identified the unusual rise in share price beyond the true values and disposed it. However, DIPD directors and directors of Hayleys could be BULLISH about DIPD even now as well. 

Irrespective of Directors sales or purchases, if anyone reading should invest based on Fundamentals and companies that can deliver super normal returns exploiting market opportunities created at any given development in Macro Environment. EXPO, DIPD and HAYC are some of value gems in CSE now still heavily undervalued 

Good Luck

judecroos wrote:World’s Largest Rubber Glove Maker Sees 1,646% Quarterly Profit Surge


Mike Hockett Oct 01, 2020


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Welcome to Thomas Insights — every day, we publish the latest news and analysis to keep our readers up to date on what’s happening in industry. Sign up here to get the day’s top stories delivered straight to your inbox.

Malaysia-based Top Glove Corporation — the world’s largest producer of disposable rubber gloves — reported its fourth-quarter and full-year financial results on September 17, showing that the COVID-19 pandemic has been a windfall for the company.

Top Glove, which is headquartered in Kuala Lumpur and Singapore, [url=https://www.topglove.com/App_ClientFile/7ff8cb3f-fbf6-42e7-81da-6db6a0ab2ef4/Assets/Quarterly report/Top Glove_4QFY2020_Financial Results.pdf]reported[/url] a record quarterly profit of RM1.29 billion, or $310 million, for the three-month period that ended August 31, colossally dwarfing the RM74.2 million ($18 million) it had a year earlier. The quarterly profit skyrocketed 1,646%.

The profit surge came as fourth-quarter sales revenue hit RM3.11 billion ($750 million), up 161% year-over-year.

For the full-year, Top Glove’s 2020 total sales of RM7.24 billion ($1.75 billion) soared 50.7% from 2019, while total profit of RM1.87 billion ($450 million) jumped 417%.

[url=https://www.topglove.com/App_ClientFile/7ff8cb3f-fbf6-42e7-81da-6db6a0ab2ef4/Assets/Quarterly report/TopGlove_4QFY2020_Press Release.pdf]Top Glove noted[/url] that the tremendous growth was powered by a global surge in demand for gloves amid the pandemic, with demand growth especially strong in Asia, Western Europe, and Eastern Europe. By product category, the largest Q4 growth was in demand for nitrile gloves at 31% year-over-year, with natural rubber examination gloves up 7%.

The company also attributed some of the profit spike to its productivity enhancements that are ongoing, including utilization levels that held close to 100% amplified production efficiency. Top Glove said the company “reaped superior economies of scale,” while the high utilization helped it lower overhead significantly, especially in the cost of labor and natural gas.

Image Credit: rawf8 / Shutterstock.com
you can imagine DIPD profit for quarter