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?

ACL CABLES PLC (ACL.N0000) Vote_lcap68%ACL CABLES PLC (ACL.N0000) Vote_rcap 68% [ 178 ]
ACL CABLES PLC (ACL.N0000) Vote_lcap18%ACL CABLES PLC (ACL.N0000) Vote_rcap 18% [ 47 ]
ACL CABLES PLC (ACL.N0000) Vote_lcap13%ACL CABLES PLC (ACL.N0000) 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



Latest topics

» Beware of Fabricated news on CLC
by stockchaser Today at 7:45 am

» LOFC Direction
by stockchaser Today at 5:59 am

» HSenid IPO
by dhanushkacse Today at 4:49 am

» LOLC Group Share Rise Imminent
by Winner123 Yesterday at 8:08 pm

» CLC - Bull & Bear LOCKED HORNS - can blast at any time.
by D.G.Dayaratne Yesterday at 8:07 pm

» ඔමික්‍රෝන් ලංකාවට ඇතුලු වෙයි
by stockchaser Yesterday at 6:28 pm

» CLC - worth the Investment
by Captain Yesterday at 6:18 pm

» LOLC waiting for LOFC 100+ and CLC 100+
by Captain Yesterday at 6:17 pm

» Water For All - CIND
by LHW Yesterday at 5:37 pm

» COCR can be attractive
by C.THARANGA Yesterday at 1:22 pm

» SCAP just about to run
by Swissinvest Yesterday at 12:23 pm

» WATA and other plantation stocks
by target1 Yesterday at 12:17 pm

» NP Rumored to enter SCAP
by Swissinvest Yesterday at 10:42 am

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by Biggy Yesterday at 10:23 am

» SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000)
by Biggy Yesterday at 10:20 am

» ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000)
by nish84 Yesterday at 8:30 am

» AMF and LCBF - Next game changers?
by chandike73 Yesterday at 8:21 am

» Lanka Hospital
by soileconomy Thu Dec 02, 2021 11:48 pm

» R I L PROPERTY PLC (RIL.N0000)
by Biggy Thu Dec 02, 2021 11:06 pm

» What is the CDS Identification No.
by dinsan884 Thu Dec 02, 2021 7:09 pm

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™ » ACL CABLES PLC (ACL.N0000)

ACL CABLES PLC (ACL.N0000)

+74
RS
Vasyan
sureshot
Karthick
DamithAsian
Detective
C.THARANGA
100Bill
Vishwanarth
cselearner
Real_Investor
hiransilva23
RJ1010
කොටස් වෙළඳපොළ2020
samaritan
MarketResearch
Champ888
Chithi
svkiruba8@gmail.com
Zahara khan
dakzsl
NalakaDK
wallstreetguy
grape101
KavinduTM
abey
ThilinaM
Cma
Sudharaka
Winner123
kasun_gimhana
sarathwithana
soileconomy
Promoney
Miss-Sangeetha
fireshelter
dilandv
A+
Bullrunner7
aathi
Pora
troy
hanuma
kassachandimal
kassachandi
Beta1
man123
mahasona
Yahapalanaya
DANIDU
Bull Master
ChateauC
roshana7549
hlsindrajith
SUSPENS
bullseye
kumarweerarathne
jayathu
karuna
yasbawi
nnk
peacockman
VALUEPICK
gayanath
EquityChamp
Hawk Eye
Harry82
glad
Quibit
anges
NZ BOY
Jana
Teller
Gainer
78 posters

Go to page : 1, 2, 3, 4, 5, 6, 7, 8  Next

Go down  Message [Page 1 of 8]

1ACL CABLES PLC (ACL.N0000) Empty ACL CABLES PLC (ACL.N0000) Fri May 22, 2015 10:49 pm

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

ACL Cables Plc – the largest cable manufacturer in Sri Lanka, commenced the manufacture of cables in the year 1962, pioneering the cable industry in Sri Lanka. At that time, the technical know-how required for the manufacture of cables was arranged by the local liaison office of Mitsui of Japan and the Japanese engineers who worked established a foundation of quality.

Since then, ACL grew in product range, volume, technology and quality to be what it is today – the largest manufacturer holding 45% share of the market. Being number one and having acquired the second largest manufacturer of cables in the year 1998, ACL today, is a group of cable manufacturing companies holding an enviable 70% share of the total market in sri lanka. It may be interesting to note that our subsidiary Kelani Cables which is the second largest manufacturer in Sri Lanka, was owned and managed by Olex cables of Pacific Dunlop Group of Australia till the year 1998.

In case of the board of investment approved duty free projects market, ACL group holds 70% share of the market reflecting the technical superiority of the cables and the competitiveness in pricing.

ACL’s turnover as a group of cable manufacturing goes above us$ 80 million and employees 1000.

ACL as a group has production capacity is in excess of 1000 metric tons of copper and 1200 tons of aluminum per month.

http://www.acl.lk/corperate-info

2ACL CABLES PLC (ACL.N0000) Empty Re: ACL CABLES PLC (ACL.N0000) Sat May 23, 2015 2:01 am

Teller

Teller
Moderator
Moderator

They have to change their dividend policy. To pay more dividends rather than re investing their profits. If so this can jump to triple digit share price. One of the leading banking fund is collecting this share. They have started to collect below 70/- but still their switch is on. You will come to know very soon who they are? :-) note- insider dealing is punishable as per the SEC act.


_________________




Teller said is said..

3ACL CABLES PLC (ACL.N0000) Empty Re: ACL CABLES PLC (ACL.N0000) Sat May 23, 2015 1:23 pm

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

@Teller wrote:They have to change their dividend policy.  To pay more dividends rather than re  investing their profits. If so this can jump to triple digit share price. One of the leading banking fund is collecting this share. They have started to collect below 70/- but still their switch is on. You will come to know very soon who they are? :-) note- insider dealing is punishable as per the SEC act.

ACL buy and collecting not insider dealing.
ACL collection by National Serving Bank

4ACL CABLES PLC (ACL.N0000) Empty Re: ACL CABLES PLC (ACL.N0000) Sat May 23, 2015 10:42 pm

Jana

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

ACL always collected by investment companies.. 
This time after report ACL jump to 150/= level easily

5ACL CABLES PLC (ACL.N0000) Empty Re: ACL CABLES PLC (ACL.N0000) Sat May 23, 2015 10:51 pm

Teller

Teller
Moderator
Moderator

I forget Jana is here. He knows everything ...


_________________




Teller said is said..

6ACL CABLES PLC (ACL.N0000) Empty Re: ACL CABLES PLC (ACL.N0000) Sat May 23, 2015 10:52 pm

Jana

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

@Teller wrote:I forget Jana is here. He knows everything ...

Lol..

Jana

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

ACL Cables NAVPS 124.72 and March Quarter EPS 7.26 Double profit compare with  December Quarter EPS 3.92

http://www.cse.lk/cmt/upload_report_file/644_1433149977844.03.2015%20%20-%20ACL%20Cables%20PLC.pdf

ACL cables value price 150.00

ALC should go 200/=

ACL Cables hold KCAB also ACL must lead the Cables

8ACL CABLES PLC (ACL.N0000) Empty Re: ACL CABLES PLC (ACL.N0000) Mon Jun 01, 2015 6:07 pm

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

ACL cables Holding company of KCAB , APLA , OLEX Cables.
Number one Best profit making company in the 2015.
Should go up to it's value of market price .

9ACL CABLES PLC (ACL.N0000) Empty Re: ACL CABLES PLC (ACL.N0000) Mon Jun 01, 2015 10:13 pm

NZ BOY

NZ BOY
Moderator
Moderator

@Jana wrote:ACL Cables NAVPS 124.72 and March Quarter EPS 7.26 Double profit compare with  December Quarter EPS 3.92

http://www.cse.lk/cmt/upload_report_file/644_1433149977844.03.2015%20%20-%20ACL%20Cables%20PLC.pdf

ACL cables value price 150.00

ALC should go 200/=

ACL Cables hold KCAB also ACL must lead the Cables
KVAL,ACL,EMER will lead the market next few days

10ACL CABLES PLC (ACL.N0000) Empty Re: ACL CABLES PLC (ACL.N0000) Tue Jun 02, 2015 12:46 am

anges


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

i think it will go upto rs 1500

11ACL CABLES PLC (ACL.N0000) Empty Re: ACL CABLES PLC (ACL.N0000) Tue Jun 02, 2015 7:46 am

Quibit


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

Interesting share. Copper hedge is over!

12ACL CABLES PLC (ACL.N0000) Empty Re: ACL CABLES PLC (ACL.N0000) Tue Jun 02, 2015 11:20 am

NZ BOY

NZ BOY
Moderator
Moderator

KCAB,ACL,EMER will lead the market next few days

13ACL CABLES PLC (ACL.N0000) Empty Re: ACL CABLES PLC (ACL.N0000) Tue Jun 02, 2015 11:43 am

glad


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

@Teller wrote:They have to change their dividend policy.  To pay more dividends rather than re  investing their profits. If so this can jump to triple digit share price. One of the leading banking fund is collecting this share. They have started to collect below 70/- but still their switch is on. You will come to know very soon who they are? :-) note- insider dealing is punishable as per the SEC act.
Very poor dividends. Hope they change it around this time.

14ACL CABLES PLC (ACL.N0000) Empty Re: ACL CABLES PLC (ACL.N0000) Tue Jun 02, 2015 1:19 pm

Jana

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

Actually this is the real value now ... when the Gainer talking about ACL its Figures from December quater
but now Double


@Jana wrote:ACL Cables NAVPS 124.72 and March Quarter EPS 7.26 Double profit compare with  December Quarter EPS 3.92

http://www.cse.lk/cmt/upload_report_file/644_1433149977844.03.2015%20%20-%20ACL%20Cables%20PLC.pdf

ACL cables value price 150.00

ALC should go 200/=

ACL Cables hold KCAB also ACL must lead the Cables

15ACL CABLES PLC (ACL.N0000) Empty Re: ACL CABLES PLC (ACL.N0000) Tue Jun 02, 2015 1:19 pm

Jana

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

Without Doubt ACL will pass 100/= tomorrow..

16ACL CABLES PLC (ACL.N0000) Empty Re: ACL CABLES PLC (ACL.N0000) Tue Jun 02, 2015 1:50 pm

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

ACL , KCAB , APLA , EMER , RHL Drive the whole market this week.

17ACL CABLES PLC (ACL.N0000) Empty Re: ACL CABLES PLC (ACL.N0000) Tue Jun 02, 2015 1:51 pm

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

@Jana wrote:Without Doubt ACL will pass 100/= tomorrow..

ACL tomorrow possible 110.00

18ACL CABLES PLC (ACL.N0000) Empty Re: ACL CABLES PLC (ACL.N0000) Tue Jun 02, 2015 4:15 pm

NZ BOY

NZ BOY
Moderator
Moderator

@Jana wrote:Without Doubt ACL will pass 100/= tomorrow..
yes KCAB 110 ACL 100 or even more

19ACL CABLES PLC (ACL.N0000) Empty Re: ACL CABLES PLC (ACL.N0000) Wed Jun 03, 2015 9:27 am

Jana

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

ACL is the King maker Tomorrow... ACL,  made huge profit for this Quarter

ACL is much better than LWL...RCL...BFL....

20ACL CABLES PLC (ACL.N0000) Empty Re: ACL CABLES PLC (ACL.N0000) Wed Jun 03, 2015 9:30 am

NZ BOY

NZ BOY
Moderator
Moderator

@Jana wrote:ACL is the King maker Tomorrow... ACL,  made huge profit for this Quarter

ACL is much better than LWL...RCL...BFL....


Jana Today not tomorrow will see KCAB and ACL

21ACL CABLES PLC (ACL.N0000) Empty Re: ACL CABLES PLC (ACL.N0000) Wed Jun 03, 2015 9:30 am

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

KCAB will Pass Rs 120.00??

22ACL CABLES PLC (ACL.N0000) Empty Re: ACL CABLES PLC (ACL.N0000) Thu Jun 04, 2015 11:13 am

Jana

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

@Harry82 wrote:KCAB will Pass Rs 120.00??

if KAB go up to 120/= then Good For ACL because ACL keep KCAB

buy ACL..no Risk good Investment

23ACL CABLES PLC (ACL.N0000) Empty ACL Cables Thu Sep 17, 2015 1:04 pm

Hawk Eye

Hawk Eye
Expert
Expert

The principal raw materials used in the production of wires and cables are copper and aluminum as conductive materials and plastic and rubber for insulation. All the raw materials are at its lowest, therefore input cost of Cable companies are low and margins are high.

Copper decreased to 2.42 USD/LB on Wednesday September 16 from 2.43 USD/LB in the previous trading day. Copper averaged 3.11 from 2010 until 2015, reaching an all time high of 4.58 in February of 2011 and a record low of 2.24 in August of 2015

Aluminum decreased to 1613.50 USD/Tonne on Tuesday September 15 from 1621 USD/Tonne in the previous trading day. Aluminum averaged 1804.70 from 1989 until 2015, reaching an all time high of 3271.25 in July of 2008 and a record low of 1022.70 in November of 1993.


Rubber increased to 556 MYR/Kg on Monday September 14 from 553 MYR/Kg in the previous trading day. Rubber averaged 506 from 1990 until 2015, reaching an all time high of 1743 in February of 2011 and a record low of 194.50 in December of 2001.

http://www.tradingeconomics.com/commodity/copper




ACL cables
Revenue
2009/10---: 7,242 Mn
2010/11---: 9,569 Mn
2011/12---: 10,306 Mn
2012/13---: 11,326 Mn
2013/14---: 11,446 Mn
2014/15---: 14,427 Mn

Sales grown by 26% during the year 2014/15.

During the second half of 2014/15, there was a surge in sales in the Dealer market and in the Institutional market including the Ceylon Electricity Board which is our most important Customer. This was mainly due to the increase in infrastructure development activities of the Government as well as those of the Private sector… Annual Report 2014/15- MDs Review
 
Gross Profit
2009/10---: 16%
2010/11---: 13%
2011/12---: 17%
2012/13---: 16%
2013/14---: 17%
2014/15---:  18%
2015/16 Q1- 22%
 
As highlighted above, most of the raw material related  to cable production was high during 2011. It is clearly reflected in ACL cables performance  as well by reporting a low GP margin % for 2011.  As these metal prices started falling the GP margins also started improving for ACL where From 2012/13 onwards it has   gradually improved 1% every year


For the 1st Quarter of 2015/16 they have recorded a Revenue of  3,353Mn  and GP margin of 290Mn. GP margin is 22%. This is  where the value of the company going to be levered for this year
 
EPS
2014/15-Q1- 0.51
2014/15-Q2-2.86
2014/15-Q3-3.92
2014/15-Q4-7.26
 
 EPS 2014/15 - 14.55
 
2015/16-Q1- 4.41
Annualized – 17.64
Again the trend I note in the revenue and profit pattern are, they report a low revenue and profit for June Qtrs and keeps improving for the balance 3 Qtrs. Accordingly June  2015/16 Quarter has been a good start for them With a Revenue of 3.35Bn , GP margin 22% and EPS 4.41. They can end well even if they continue the same performance as Qtr 1.But I believe they will deliver much more
 
Cash Balance
2009/10---: 99 Mn
2010/11---: (284) Mn
2011/12---: 137 Mn
2012/13---: 402 Mn
2013/14---: 314 Mn
2014/15---:  631 Mn
 
2015/16 Q1 : 801 Mn
 
Very healthy cash position. This will reduce their finance cost in coming  Qtrs, and giving room for more expansions
    
Net  Assets/Share
2009/10---: 69.85
2010/11---: 70.45
2011/12---: 87.54
2012/13---: 95.48
2013/14---: 101.84
2014/15---:  123.39
 
2015/16 Q1 : 127.82

24ACL CABLES PLC (ACL.N0000) Empty Re: ACL CABLES PLC (ACL.N0000) Thu Sep 17, 2015 1:26 pm

EquityChamp

EquityChamp
Moderator
Moderator

Very good. I had been saying about this stock and KCAB as well. These two are trading more than 50% discount to industry with a huge upside potential.

But at the moment I think chicken are sitting on the cables so that hardly any body can see the value.

But it will very soon. I am holding close to 10k with an average cost of 90/-. I am confident by next couple of quarters this will be a stunning investment.

25ACL CABLES PLC (ACL.N0000) Empty Re: ACL CABLES PLC (ACL.N0000) Thu Sep 17, 2015 1:57 pm

gayanath


Manager - Equity Analytics
Manager - Equity Analytics

agree.. im also buying

Sponsored content



Back to top  Message [Page 1 of 8]

Go to page : 1, 2, 3, 4, 5, 6, 7, 8  Next

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