Rich, KGAL, NAMU Financials are out..

mission · 1 Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 5:34 pm

mission

Manager - Equity Analytics

Posts : 132
Equity Stars : 5332
Reputation : 17
Join date : 2011-01-26

Rich EPS = .33
KGAL EPS = ~~9.29~~ 9.15
NAMU EPS = 4.92

Last edited by mission on Thu Feb 10, 2011 5:53 pm; edited 1 time in total

mono · 2 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 5:39 pm

mono

Vice President - Equity Analytics

Posts : 1167
Equity Stars : 6486
Reputation : 93
Join date : 2011-01-21
Age : 103

Wow!

790 million profits for the quarter for RICH. it was 680 million in my dream Razz

http://www.cse.lk/cmt/upload_report_file/509_1297329621895.pdf

mission · 3 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 5:44 pm

mission

Manager - Equity Analytics

Posts : 132
Equity Stars : 5332
Reputation : 17
Join date : 2011-01-26

hmmm.. Rich sounds great..
and i doubt KGAL will touch 400 as many were speaking.

Slstock · 4 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 5:46 pm

Slstock

Director - Equity Analytics

Posts : 6610
Equity Stars : 13568
Reputation : 1158
Join date : 2011-01-22

mission wrote:Rich EPS = .33
KGAL EPS = 9.29
NAMU EPS = 4.92

Just about to post. Mission you beat me Very Happy

.

KGAL Group eps is 9.15 . Company is 9.29 Mission. Should be corrected. No biggie though/

Better than expected results for RICH.

Last 2 quarter eps = 0.55
Annualized = 1.10

With a lower Div sector PE of 16-18= Price can easily go up to around RS 18-19.

KGAL expected annualized EPS would be around Rs 31-32.

Share can trade around RS 300-350 in the near future.

mission · 5 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 5:50 pm

mission

Manager - Equity Analytics

Posts : 132
Equity Stars : 5332
Reputation : 17
Join date : 2011-01-26

Dam i always miss the group thingy... same thing happen to BFL when its financial's were out.. thanks for pointing it out slstock.

madu1977 · 6 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 5:53 pm

madu1977

Equity Analytic

Posts : 45
Equity Stars : 5103
Reputation : -21
Join date : 2011-01-22

some ppl still sleeping with day dream.they dont like to face truth.this is the reality.you can see more better result Q4 with annual report...when you collect good stock win win situation on the way Very Happy

mono · 7 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:01 pm

mono

Vice President - Equity Analytics

Posts : 1167
Equity Stars : 6486
Reputation : 93
Join date : 2011-01-21
Age : 103

it'll be interesting to figure out where RICH got its profits from. last quarter they 535 million this time 791 million. but NAMU & KGAL performance is only marginally different from last quarter. so where is this huge boost coming from. If it's retailing then RICH can definitely achieve their 2.5Bn profit goal

mission · 8 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:08 pm

mission

Manager - Equity Analytics

Posts : 132
Equity Stars : 5332
Reputation : 17
Join date : 2011-01-26

Mono maskeliya has produced 57m in profits compared to a loss of 58m in the last quarter.
ya true a marginal increase in eps of 5% and 7.5% for kgal and namu respectively.

mono · 9 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:11 pm

mono

Vice President - Equity Analytics

Posts : 1167
Equity Stars : 6486
Reputation : 93
Join date : 2011-01-21
Age : 103

mission wrote:Mono maskeliya has produced 57m in profits compared to a loss of 58m in the last quarter.
ya true a marginal increase in eps of 5% and 7.5% for kgal and namu respectively.

ok that explain 111 million so that should cover the difference.

So my prediction of RICH hitting 20 might come true

Twisted Evil

Rajitha · 10 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:13 pm

Rajitha

Assistant Vice President - Equity Analytics

Posts : 793
Equity Stars : 6990
Reputation : 57
Join date : 2011-01-27

Really Good results for the Plantation sector with Great PE. But I'm a bit disappointed as was expecting about EPS of about Rs 12 for KGAL. Non the less compared with the sector PE ratio KGAL should at least be around rs 350. NAMU also quite undervalued for the amount of Oil farm future and PE they have.

mono · 11 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:16 pm

mono

Vice President - Equity Analytics

Posts : 1167
Equity Stars : 6486
Reputation : 93
Join date : 2011-01-21
Age : 103

Rajitha wrote:Really Good results for the Plantation sector with Great PE. But I'm a bit disappointed as was expecting about EPS of about Rs 12 for KGAL. Non the less compared with the sector PE ratio KGAL should at least be around rs 350. NAMU also quite undervalued for the amount of Oil farm future and PE they have.

Yeah I was expecting KGAL to hit 12 and NAMU to show about 5.5 as well Sad

of course RICH get's the better end of this plantation deal. they get a management fee plus stakeholder profits. So even if the plantation doesn't do too well they get 30 odd million Very Happy

mission · 12 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:17 pm

mission

Manager - Equity Analytics

Posts : 132
Equity Stars : 5332
Reputation : 17
Join date : 2011-01-26

Look at page 8 in RICH's quarterly statement

[img] Rich, KGAL, NAMU Financials are out.. Rich10

[/img]

mono · 13 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:18 pm

mono

Vice President - Equity Analytics

Posts : 1167
Equity Stars : 6486
Reputation : 93
Join date : 2011-01-21
Age : 103

that's for the entire year.

now I'm waiting for JINS to 2rs EPS so i can cash in on my last big investment

Twisted Evil

Last edited by mono on Thu Feb 10, 2011 6:19 pm; edited 1 time in total

Gaja · 14 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:18 pm

Gaja

Associate Director - Equity Analytics

Posts : 3127
Equity Stars : 9875
Reputation : 260
Join date : 2011-01-27
Age : 41
Location : Colombo

so what price we can expect tomorrow

Slstock · 15 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:18 pm

Slstock

Director - Equity Analytics

Posts : 6610
Equity Stars : 13568
Reputation : 1158
Join date : 2011-01-22

mono wrote:

mission wrote:Mono maskeliya has produced 57m in profits compared to a loss of 58m in the last quarter.
ya true a marginal increase in eps of 5% and 7.5% for kgal and namu respectively.

ok that explain 111 million so that should cover the difference.

So my prediction of RICH hitting 20 might come true

Yes, I too was expecting this to reach around Rs 18 but Rs 20 is on the cards. If they can continue the same as this quarter( 800million profit ) their target of 2.5 bil for the year will be achieved. I was pesimistic about it before but 2.5 bil is certainly on the cars if they keep this up.

Slstock · 16 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:21 pm

Slstock

Director - Equity Analytics

Posts : 6610
Equity Stars : 13568
Reputation : 1158
Join date : 2011-01-22

mono wrote:

Rajitha wrote:Really Good results for the Plantation sector with Great PE. But I'm a bit disappointed as was expecting about EPS of about Rs 12 for KGAL. Non the less compared with the sector PE ratio KGAL should at least be around rs 350. NAMU also quite undervalued for the amount of Oil farm future and PE they have.

Yeah I was expecting KGAL to hit 12 and NAMU to show about 5.5 as well

of course RICH get's the better end of this plantation deal. they get a management fee plus stakeholder profits. So even if the plantation doesn't do too well they get 30 odd million

Yeah, I thought KGAL will reach Rs10-11 EPS as I posted elsewhere on the forum. If you look at their revenue from last quarter it has gone down while cost of sales also reduced. maybe they got effect by rain for harvest.
Still this is quite acceptable given the circumstances.

mono · 17 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:22 pm

mono

Vice President - Equity Analytics

Posts : 1167
Equity Stars : 6486
Reputation : 93
Join date : 2011-01-21
Age : 103

Gaja wrote:so what price we can expect tomorrow

I don't expect much action tomorrow. The big boys already knew about this that why the share raced from 10.5 to 15.5. the people buying now are the retailers. they will get beaten down by mid day.

at least that's usual trend here.

mono · 18 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:23 pm

mono

Vice President - Equity Analytics

Posts : 1167
Equity Stars : 6486
Reputation : 93
Join date : 2011-01-21
Age : 103

slstock wrote:

mono wrote:

Rajitha wrote:Really Good results for the Plantation sector with Great PE. But I'm a bit disappointed as was expecting about EPS of about Rs 12 for KGAL. Non the less compared with the sector PE ratio KGAL should at least be around rs 350. NAMU also quite undervalued for the amount of Oil farm future and PE they have.

Yeah I was expecting KGAL to hit 12 and NAMU to show about 5.5 as well

of course RICH get's the better end of this plantation deal. they get a management fee plus stakeholder profits. So even if the plantation doesn't do too well they get 30 odd million

Yeah, I thought KGAL will reach Rs10-11 EPS as I posted elsewhere on the forum. If you look at their revenue from last quarter it has gone down while cost of sales also reduced. maybe they got effect by rain for harvest.
Still this is quite acceptable given the circumstances.

November rains, maybe Question

Gaja · 19 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:25 pm

Gaja

Associate Director - Equity Analytics

Posts : 3127
Equity Stars : 9875
Reputation : 260
Join date : 2011-01-27
Age : 41
Location : Colombo

don't worry friend am not going to buy or sell rich further, i bought these in November. so already i got 50% return but i am keeping this as medium term investment

mission · 20 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:26 pm

mission

Manager - Equity Analytics

Posts : 132
Equity Stars : 5332
Reputation : 17
Join date : 2011-01-26

floods.. that's y.. so it has really affected tapping.

Rajitha · 21 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:36 pm

Rajitha

Assistant Vice President - Equity Analytics

Posts : 793
Equity Stars : 6990
Reputation : 57
Join date : 2011-01-27

slstock wrote:

mono wrote:

Rajitha wrote:Really Good results for the Plantation sector with Great PE. But I'm a bit disappointed as was expecting about EPS of about Rs 12 for KGAL. Non the less compared with the sector PE ratio KGAL should at least be around rs 350. NAMU also quite undervalued for the amount of Oil farm future and PE they have.

Yeah I was expecting KGAL to hit 12 and NAMU to show about 5.5 as well

of course RICH get's the better end of this plantation deal. they get a management fee plus stakeholder profits. So even if the plantation doesn't do too well they get 30 odd million

Yeah, I thought KGAL will reach Rs10-11 EPS as I posted elsewhere on the forum. If you look at their revenue from last quarter it has gone down while cost of sales also reduced. maybe they got effect by rain for harvest.
Still this is quite acceptable given the circumstances.

I'm checking KGAL report under segment results. As far as I can see the revenue has almost doubled quarter to quarter on rubber and almost net profits also. Still I'm baffled to understand the report because of this. Where did they loose all this cash they received Revenue from segments ? IS it a mistake on both reports or they had a mistake on a previous report ?

mono · 22 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:43 pm

mono

Vice President - Equity Analytics

Posts : 1167
Equity Stars : 6486
Reputation : 93
Join date : 2011-01-21
Age : 103

it looks ok to me. RICH has jacked up the management fees as well

Gaja · 23 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:45 pm

Gaja

Associate Director - Equity Analytics

Posts : 3127
Equity Stars : 9875
Reputation : 260
Join date : 2011-01-27
Age : 41
Location : Colombo

Earlier when Chairman comment about achieving Rs. 2.5 Billion as profit for the year i didn't think it as a realistic target, but now i question my self whether my thinking was right, because i expected that they will produce 550 million but they ended up in with 791.5 Million

milanka · 24 Mono - Your projection. Thu Feb 10, 2011 6:47 pm

milanka

Vice President - Equity Analytics

Posts : 1102
Equity Stars : 7046
Reputation : 164
Join date : 2011-01-28
Location : Q Soft.

@mono : Your projection for RICH was 680 M. The actual is 790 M. In the Income statement there is a 115 M on other operating income. (may be income form plantations) Which means if we exclude the above 115 M . Your projection would be exact.On the Spot..

mono · 25 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:50 pm

mono

Vice President - Equity Analytics

Posts : 1167
Equity Stars : 6486
Reputation : 93
Join date : 2011-01-21
Age : 103

milanka wrote:@mono : Your projection for RICH was 680 M. The actual is 790 M. In the Income statement there is a 115 M on other operating income. (may be income form plantations) Which means if we exclude the above 115 M . Your projection would be exact.On the Spot..

milanka. it wasn't a projection. I said i had a dream that the profits were 680 million, my projection was that they will at 500-550 million without minority interest.

Sponsored content

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Latest topics

Rich, KGAL, NAMU Financials are out..

1 Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 5:34 pm

mission

2 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 5:39 pm

mono

3 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 5:44 pm

mission

4 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 5:46 pm

Slstock

5 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 5:50 pm

mission

6 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 5:53 pm

madu1977

7 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:01 pm

mono

8 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:08 pm

mission

9 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:11 pm

mono

10 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:13 pm

Rajitha

11 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:16 pm

mono

12 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:17 pm

mission

13 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:18 pm

mono

14 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:18 pm

Gaja

15 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:18 pm

Slstock

16 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:21 pm

Slstock

17 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:22 pm

mono

18 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:23 pm

mono

19 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:25 pm

Gaja

20 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:26 pm

mission

21 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:36 pm

Rajitha

22 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:43 pm

mono

23 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:45 pm

Gaja

24 Mono - Your projection. Thu Feb 10, 2011 6:47 pm

milanka

25 Re: Rich, KGAL, NAMU Financials are out.. Thu Feb 10, 2011 6:50 pm

mono

26 Re: Rich, KGAL, NAMU Financials are out..

Sponsored content

New topics