LANKA MILK FOODS (CWE) PLC (LMF.N0000)

Hi all,

Lanka Milk Foods[LMF] is a one of the companies whom shall benefit mostly due to import restrictions placed currently. The company has posted impressive financial performance in as of June 2020 and future looks positive. 

The increase in the top line substantially and YoY profit growth recorded 968% hints the future outlook likely to be promising. Additionally, the company has disclosed an interesting announcement on 30/05/2020 which ironically provides valuable insights for investors to purchase with confidence. 

[url=https://cdn.cse.lk/cmt/announcement_portal_prod/DISCLOSURE AS OF 31.03.2020_LMF new_1783010915583515.pdf]https://cdn.cse.lk/cmt/announcement_portal_prod/DISCLOSURE%20AS%20OF%2031.03.2020_LMF%20new_1783010915583515.pdf[/url]

NAV - Rs 211/-
EPS[1Q20] - Rs 2.23
Dividends Announced - Rs 2.50/-

Highly recommend share for medium term.

Thank you

Good Luck

HJ companies .Do not expect more.for years prices are same.HJ is not worth about investors.He is collecting wealth.
Renewed interest is seen recent past few days.could be triggered at any moment.
Disclosure-holding for many years

Hi all,

I posted above, when the LMF was @ 83/-. Now 92/-

Hope some lucky people would have collected the counter.


Good Luck

Lanka Milk Foods (CWE) PLC is engaged in the business of manufacturing, importing, exporting, packing, marketing and distributing of powdered milk, dairy products and allied beverages, and trading of carbonated canned beverages. The Company's segments include Powdered Milk, Trading, Liquid Milk and Others, and Agriculture. Its brands consist of Lakspray, which is a milk powder brand, including Lakspray Full Cream and Lakspray Non Fat milk powders; Daily, which includes flavored milk available in vanilla, chocolate, strawberry, banana, iced coffee and faluda flavors; Daily ACTIV, which includes malt chocolate food drink; MyJuicee, which includes fruit drink available in apple, mango, mixed fruit and orange variants; Ambewela, which includes Ambewela Butter, Ambewela Goat Milk, Ambewela Drinking Yoghurt, Ambewela Yoghurt, Ambewela Cheese, Ambewela Full Cream milk and Ambewela Non-Fat milk, and BLU, which includes energy drink available in variants, such as regular and lemon-lime.

please be alert net asset over 200 with good dividend..

Any particular reason for it to go up? Any benefit with any of the new government policies?

upandaway wrote:Any particular reason for it to go up? Any benefit with any of the new government policies?

local institutions    motivate 

LMF Group eyes to double milk production with completion of Rs.3bn dairy farm
11 September 2020 09:48 am - 0 - 11

A A A
New dairy farm to come into operation first quarter, next year
To double yoghurt production to 8mn cups with Rs.300 mn new plant in Ambewela
By Nishel Fernando
Harry Jayawardena-controlled Lanka Milk Foods (CWE) PLC (LMF) is planning to increase milk production from next year onwards with the completion of the construction of its Rs.3 billion dairy farm by end of first quarter next year, which can accommodate 2000 milch cows while doubling its yogurt production capacity.


The new dairy farm is set to come into operation under United Dairies Lanka (Pvt) Ltd. (UDL), a subsidiary established in 2018 with the focus of increasing the dairy production in LMF dairy farms with ultra-modern facilities for cattle and dairy production.


“The new project to double the milk production is envisaged to be completed by end of 1Q 2021. The new project will be consisting of 4 large cow sheds (which can accommodate 500 cows each), 2 most modern milking parlours and an environment-friendly world class slurry management system,” LMF Group Executive Director, C. R. Jansz told the company’s shareholders in its latest annual report.



Harry Jayawardena




Jayawardena, who is the Executive Chairman of LMF Group, highlighted the arrangements underway to equip the new farm with the best breeds of animals to produce high quality milk with an aim to achieve national self-sufficiency in milk production.


LMF Group has provided two corporate guarantees to UDL to borrow Rs.3.9 billion from Commercial Bank and Hatton National Bank. For 2020, LMF Group approved and contracted capital commitments worth Rs 2.93 billion.
During the financial year 2019/2020, the LMF group was able to increase its total milk production to 8.3 million litres compared to 7.3 litres the previous year through its three dairy farms in Ambewela and Pattipola. However, national milk production recorded a decline in 2019.


“While the total national milk production recorded a decline in 2019, primarily due to the domestic outbreak of foot and mouth disease that occurred during the second half of the year, I take great pride in reporting that our farms recorded an increase of 13.2 percent in milk production.

By adhering to strict protocols and restricting visitors to our farms, we successfully avoided contamination in our farms,” Jayawardena said.


Currently, only 40 percent of the country’s demand is met by fresh milk, with the remaining demand addressed by powdered milk imports at a cost of US$ 293.5 million per annum. “The continued transition from powdered milk to liquid milk is a favourable development in this regard, and Lanka Milk Foods is uniquely positioned to capture this emerging market,” he added.


However, MLF Group stressed it’s crucial to address the remaining bottlenecks in the domestic production processes while encouraging small scale milk processing in order for the country to become self-sufficient in milk production.


MLF Group claims highest milk yield per cow in Sri Lanka capitalising on both high quality European breed cattle and expertise.


“Our three dairy farms are made up of Ambewela Dairy Farm, Pattipola Dairy Farm and Ambewela Product Dairy Farm, and are collectively home to more than 3, 000 cattle. The European breeds of black and white Friesians and brown and white Ayrshires at these farms generate an average of 26 litres of milk per cow per day, which is by far the highest average milk production per cow in Sri Lanka,” Jayawardena said.


Meanwhile, he announced that MLF Group would soon double its current yoghurt production capacity to 8 million cups of yoghurt with its Rs.300 million new yoghurt plant at Ambewela nearing completion.


LMF Group is well known for its flagship milk powder brand Lakspray as well as fresh milk and dairy product sold under Ambewela and Daily brands.


It also exports Ambewela fresh milk, Daily flavoured milk and fruit juices manufactured at Lanka Dairies (Pvt) Limited to Maldives.

Rs 120.00 is possible within one month

government ready to band milk powder import. this will benefit for Lanka Milk Foods (LMF). several times, I mentioned here, try to collect LMF N. LMF will touch RS. 180 level within 3-6 months with government backup and import restrictions.

continued transition from powdered milk to liquid milk is a favourable development and Lanka Milk Foods is uniquely positioned to capture this emerging market.

LMF group eyes to double milk production.


http://www.dailymirror.lk/business-news/LMF-Group-eyes-to-double-milk-production-with-completion-of-Rs-3bn-dairy-farm/273-195661

government band milk powder import. 

http://nethnews.lk/article/80486

<<<<>>>>

Eranga87 wrote:government ready to band milk powder import. this will benefit for Lanka Milk Foods (LMF). several times, I mentioned here, try to collect LMF N. LMF will touch RS. 180 level within 3-6 months with government backup and import restrictions.

continued transition from powdered milk to liquid milk is a favourable development and Lanka Milk Foods is uniquely positioned to capture this emerging market.

LMF group eyes to double milk production.


http://www.dailymirror.lk/business-news/LMF-Group-eyes-to-double-milk-production-with-completion-of-Rs-3bn-dairy-farm/273-195661

government band milk powder import. 

http://nethnews.lk/article/80486

<<<<>>>>

Bullshits manipulation of LMF 

Though it is not a bad share this is sher manipulation 

Government will never ban milk powder imports Ministry said

will see kalu..  

firstly, you read government press news. LMF has solid financial and they declared dividend also. LMF NAV also above Rs. 210. earlier, it normally trade-in price 150-160 level.

president Gotabaya Rajapaksha clearly said, govt. hope to band milk powder and encourage local milk products. GOVT. spent USD 1Mn for the import of milk powder per day. the import cost of milk powder heavily affects the stability of the exchange rate.

please read the following articles.


විදේශ කිරිපිටි සම්පූර්ණයෙන් නවතන්න රජය සූදානම්..

https://lankacnews.com/%e0%b7%80%e0%b7%92%e0%b6%af%e0%b7%9a%e0%b7%81-%e0%b6%9a%e0%b7%92%e0%b6%bb%e0%b7%92%e0%b6%b4%e0%b7%92%e0%b6%a7%e0%b7%92-%e0%b7%83%e0%b6%b8%e0%b7%8a%e0%b6%b4%e0%b7%96%e0%b6%bb%e0%b7%8a%e0%b6%ab%e0%b6%ba/

පිටරට කිරිවලට තිත.. දේශීය දියර කිරිඅවශ්‍යතාව සපුරන්න ජනපතිගෙන් සැලැස්මක්…


https://lankacnews.com/%e0%b6%b4%e0%b7%92%e0%b6%a7%e0%b6%bb%e0%b6%a7-%e0%b6%9a%e0%b7%92%e0%b6%bb%e0%b7%92%e0%b7%80%e0%b6%bd%e0%b6%a7-%e0%b6%ad%e0%b7%92%e0%b6%ad-%e0%b6%af%e0%b7%9a%e0%b7%81%e0%b7%93%e0%b6%ba-%e0%b6%af/

<<<<>>>>

Eranga87 wrote:will see kalu..  

firstly, you read government press news. LMF has solid financial and they declared dividend also. LMF NAV also above Rs. 210. earlier, it normally trade-in price 150-160 level.

president Gotabaya Rajapaksha clearly said, govt. hope to band milk powder and encourage local milk products. GOVT. spent USD 1Mn for the import of milk powder per day. the import cost of milk powder heavily affects the stability of the exchange rate.

please read the following articles.


විදේශ කිරිපිටි සම්පූර්ණයෙන් නවතන්න රජය සූදානම්..

https://lankacnews.com/%e0%b7%80%e0%b7%92%e0%b6%af%e0%b7%9a%e0%b7%81-%e0%b6%9a%e0%b7%92%e0%b6%bb%e0%b7%92%e0%b6%b4%e0%b7%92%e0%b6%a7%e0%b7%92-%e0%b7%83%e0%b6%b8%e0%b7%8a%e0%b6%b4%e0%b7%96%e0%b6%bb%e0%b7%8a%e0%b6%ab%e0%b6%ba/

පිටරට කිරිවලට තිත.. දේශීය දියර කිරිඅවශ්‍යතාව සපුරන්න ජනපතිගෙන් සැලැස්මක්…


https://lankacnews.com/%e0%b6%b4%e0%b7%92%e0%b6%a7%e0%b6%bb%e0%b6%a7-%e0%b6%9a%e0%b7%92%e0%b6%bb%e0%b7%92%e0%b7%80%e0%b6%bd%e0%b6%a7-%e0%b6%ad%e0%b7%92%e0%b6%ad-%e0%b6%af%e0%b7%9a%e0%b7%81%e0%b7%93%e0%b6%ba-%e0%b6%af/

<<<<>>>>

I dont think this is positive news, LMF is the importer of LAKSPRAY. If govt bans importing milk powder , it means a revenue loss for them.

LMF is on track to double its local production.
This share will hit 200 within 6 Months.

What date declared Dividend by LMF?

@smnsam, dividend XD date 02nd October 2020. not too late. hurry up. not for dividends better to hold a few months earning capital gains.

 @MasterD,  import band better benefitted for liquid milk. and they move to produce milk powder. increase demand for liquid milk. most of the health organizations proved milk powder is not good for health due to the formula of melamine. can expect to people transit milk powder to liquid milk. LMF 2019 launched a new project. now this almost completed. can expect double production and double profits.

Lanka Milk Foods invests US$ 17mn to boost dairy biz

http://bizenglish.adaderana.lk/lanka-milk-foods-invests-us-17mn-to-boost-dairy-biz/

LMF is the next DIPP.N
Will pass 200 within 6 Months.

Eranga87 wrote:@smnsam, dividend XD date 02nd October 2020. not too late. hurry up. not for dividends better to hold a few months earning capital gains.

 @MasterD,  import band better benefitted for liquid milk. and they move to produce milk powder. increase demand for liquid milk. most of the health organizations proved milk powder is not good for health due to the formula of melamine. can expect to people transit milk powder to liquid milk. LMF 2019 launched a new project. now this almost completed. can expect double production and double profits.

Lanka Milk Foods invests US$ 17mn to boost dairy biz

http://bizenglish.adaderana.lk/lanka-milk-foods-invests-us-17mn-to-boost-dairy-biz/

Agree,  they are doubling their Yoghurt production that by 300 million additional revenue.
And increasing their production of fresh milk with expanded farm.

yes LMF will Pass Rs 200.00

This will be the next share which will move to 150 level.

keep in your eye,  LMF will touch Rs.160-180 level with a positive market situation, during in 3 months.

Good Trading opportunities as well.

Yes Agreed. Eye for 180 - 200 within next 6 - 12 months

https://www.theequitycheck.com/filedata/fetch?id=37014&d=1601758771

Positive News LMF holders !