Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum 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
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» News Behind CTCE.N0000 Running?
by crs Today at 6:08 pm

» රැවටෙන්න එපා ..විකුන්නන එපා ..ණයට ගන්න එපා .BFN - JINS එකතු කරන්නා හෙට දිනනනවා
by prabath Today at 4:43 pm

» JINS - BFN DELAS 100% SURE මතකද . ජනශක්ති GENERAL සමාගම වික්ක හැටි - එක පාරටම
by kalu351 Today at 2:45 pm

» BFN ගනු දෙනුව වෙනවා ..
by kalu351 Today at 2:34 pm

» SRI LANKA @ 2020
by ruwan326 Today at 9:36 am

» Financial Reports Q-3 2018
by ruwan326 Today at 9:26 am

» ##FUN TOONS###
by ruwan326 Today at 9:14 am

» CROSSINGS TODAY
by ruwan326 Today at 9:08 am

» Daily Foreign Transactions
by ruwan326 Today at 9:02 am

» NDB declared ‘Bank of the Year’ by The Banker, UK
by ruwan326 Today at 8:41 am

» NDB wins Banking Sector National Business Excellence Award 2018
by MarketWch Yesterday at 5:33 pm

» Market will RISE expecting a MR Led new government
by samaritan Yesterday at 1:52 pm

» CSE THIS WEEK
by ruwan326 Yesterday at 11:37 am

» Summary of Key Announcements during the week
by ruwan326 Yesterday at 11:25 am

» No worries about BFN Deal .i
by ruwan326 Yesterday at 11:21 am

» CSE WEEKLY
by ruwan326 Yesterday at 11:13 am

» FOREIGN NEWS
by ruwan326 Yesterday at 11:10 am

» Dealing by directors
by ruwan326 Yesterday at 10:55 am

» ALHP WILL MOVE UP from next MONDAY
by aklt Yesterday at 10:47 am

» ඔරියන්ට් ෆ්යිනැන්ස් -විකිනීම ස්තිරයි - අද ද අයිලන්ඩ් පුවත් පත බලන්න 2020 වෙනකම් පුලුවන් නම් තියා ගන්න - අදහා ගන්න බැරි ආදායමක් ලබන්න
by ruwan326 Yesterday at 10:33 am

» @RANFERDI, YAhapalan, In which list are you? Puravesi Lithro List, or Kiriella List or other list
by ranferdi Yesterday at 9:06 am

» #PM Crisis#
by ranferdi Yesterday at 9:05 am

» Stocks don’t go up and stay up because of stories, tips, or people’s opinions
by ruwan326 Yesterday at 9:00 am

» FINANCIAL INSTITUTIONS IMPAIRMENT COST
by Yahapalanaya Sat Dec 08, 2018 11:10 pm

» MONTH PEACE & HAPPINESS
by Ryan Hudson Sat Dec 08, 2018 6:40 pm

» JINS NO DEAL YET - BFN IS ON AND POSITIVE -CHECK THE COMPNAY ANNOUNCEMENT CAREFULLY - NO NOTHING ABOUT BFN
by kalu351 Fri Dec 07, 2018 10:03 pm

» Will ALHP be eliminated from the CSE?
by wisdom79 Fri Dec 07, 2018 8:41 pm

» Is TKYO.N0000 a Sleeping Giant
by aklt Fri Dec 07, 2018 7:52 pm

» FINALY – BFN – TAKE OVER NEWS IS OUT OFFICIALY -DONT SELL BELOW 20 TRY TO BUY AT CURRENT 15-17 LEVELS
by Equity Suda Fri Dec 07, 2018 12:57 pm

» PLAYERS PICK OF THE DAY
by ruwan326 Fri Dec 07, 2018 7:39 am

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk »  PARQ......PARQ.......PARQ.......PARQ......

PARQ......PARQ.......PARQ.......PARQ......

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

Go down  Message [Page 5 of 6]

1 PARQ......PARQ.......PARQ.......PARQ...... on Mon Nov 03, 2014 2:06 pm

k9


Expert
Expert
First topic message reminder :

I hope PARQ will be next KAPI,CFVF,...

So keep in touch with this.
Liquid stock,NAV 26.15,EPS 3.98(last yr) expecting  higher EPS

Expected price 60

Will break 35 then 40,50


Happy trading


161 Re: PARQ......PARQ.......PARQ.......PARQ...... on Tue May 26, 2015 9:00 pm

fireshelter


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
you sell we keep holding

162 Re: PARQ......PARQ.......PARQ.......PARQ...... on Tue May 26, 2015 9:02 pm

ONTHEMONEY


Manager - Equity Analytics
Manager - Equity Analytics
Hi Guys,

We can observed a mix note on LALU and PARQ in recent financial performance. Although LALU earned substantial earnings to justify its prices, last Quarter 2014/2015 performance is weak compared to other 3 companies listed ( PARQ, ALUM, ALUF ). All companies in the same group and being in the same industry has recorded a significant growth in revenue. Therefore we cannot expect a super revenue in 1Q 2015/2016 FY. Hence I recommend collect in parcels at below levels if anyone have bought over Rs 80/-.

Though ALUF and ALUM has recorded a healthy growth in sales; prices are little overpriced to recommend. Hence a risk is associated.

However PARQ has displayed impressive results for the last quarter 2014/2015 together with significant growth in QoQ growth. Major contribution via Aluminium business while tiles have also contributed to improve performance.

During 1Q 2014/2015 company has recorded on an EPS of Rs 0.77. However during last quarter it has increased up to Rs 3.17 with constant revenue growth. Hence it is obvious that PARQ would record Rs 3.50 for the 1Q 2015/2016 FY.

I expected PARQ price Rs 125+ and above in medium term. 

Why? 

Company is doing extremely well. Still heavy orders for aluminium products continue.

1. Impressive growth in performance in recent Quarters YoY.

2. Continuously reducing Banks liabilities ultimately increasing NAV, Annualized earnings would justify the above price and above.

3. Highest profits generated in Q4 during last 2 years. Hence we can expect better results. Company has made losses in history. However after the takeover by Lanka Tiles, company is performing well.

4. Strong fundamentals and drivers in the market involved in the list of stockholders. ( e.g Gulam Hussain)

5. High chances for a very attractive dividend.

Not all technically sound shares perform well. In my view a share to perform in the market it should have 2 key components; market drivers+fundamental backing. PARQ has it.

Considering all above facts PARQ displays signs to jump out of blocks. Considering the ill-liquid nature I recommend to hold as a Long term Investment.


Happy Investments

163 Re: PARQ......PARQ.......PARQ.......PARQ...... on Tue May 26, 2015 9:07 pm

shadow walker


Vice President - Equity Analytics
Vice President - Equity Analytics
@Market.Watch. wrote:I strongly belive PARQ will report maximum of EPS 7.0 for the financial year ended 31.03.2015. or maximum of 7.5. can not go further.
So, base on that PARQ can be trade EPS 7.5 x PER 10 times of Rs.75/-.
I think exit point 65/- to 70/- range would be safe.
super results 8.40 EPS for the year. for the last Q  3.17 EPS ....
8.40 x PE 10 IN SHORT TERM THIS WILL REACH TO 85

164 Re: PARQ......PARQ.......PARQ.......PARQ...... on Tue May 26, 2015 9:10 pm

EPS


Expert
Expert
Why Investors sell PARQ now....? I's a clear growth shown company now. it is not a short term trading company now. It has clearly showed their Quarter on Quarter Growth. Why people sell Growth companies. I strongly belive PARQ will trade above Rs.100 or even 120 in comming year. Not soon. Price will adjust accordingly. Nimal Pereras company will never go back. See RCL, LWL and Others. Defa PARQ also future winner. From tomorrow onwards, we can see buying interest for long term investors. Not gamblers. Gamblers will cry.

165 Re: PARQ......PARQ.......PARQ.......PARQ...... on Tue May 26, 2015 9:43 pm

EPS


Expert
Expert
@hariesha wrote:

above image will clearly shows the PARQ FUTURE PLANS.
2015 SEMB predicted EPS 6.59. Actuals 8.46.
2016 expectation is 11.26 & by 2017 prediction 19.22.

166 Re: PARQ......PARQ.......PARQ.......PARQ...... on Tue May 26, 2015 10:32 pm

lakmal87


Manager - Equity Analytics
Manager - Equity Analytics
I analized PARQ
Last quarter profit was 91mn & included fixed asset disposal gainof 24.8mn. that mean normaly business activities EPS should be, (91-24.8) 66.2mn
66.2mn/27.3mn(no of shares) Rs2.43
This my analized. But i think shares may be increase short term & after stabel..

167 Re: PARQ......PARQ.......PARQ.......PARQ...... on Tue May 26, 2015 10:35 pm

fireshelter

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Sureshot that's mistake i correct that

168 Re: PARQ......PARQ.......PARQ.......PARQ...... on Tue May 26, 2015 10:41 pm

EPS

avatar
Expert
Expert
Below the financial Highlights from 31.03.2015 PARQ report:

01. PARQ Quarter on Quarter (QoQ) Growth,
        Quarter 01 30.06.2014 - EPS 0.77
        Quarter 02 30.09.2014 - EPS 2.01
        Quarter 03 31.12.2014 - EPS 2.52
        Quarter 04 31.03.2015 - EPS 3.17 (last quarter 25% growth)

02. Net Asset Value Growth,
        2014 - Rs.25.38
        2015 - Rs.38.97 (53% growth)

03. in 2014 accum loss of 85 Mn, now converted to Balance sheets as 145 Mn Profit. (change the company path).

04. Reduction of Non Current & current Liabilities.

        Loans from related companies - drop from 119 Mn to 83 Mn.

        Long term borrowings payable after one year - drop from 204 Mn to 150 Mn.

        Long term borrowings payable within one year - drop from 60 Mn to 59 Mn.

        Short term loans - drop from 213 Mn to 152 Mn

         Loans payable to related companies - drop from 49 Mn to 36 Mn.

         Bank overdrafts - drop from 107 Mn to 66 Mn.

05. Year on Year basis Revenue up by 23 %.

06. Year on Year basis Gross Profit up by 34%.

07. Year on Year basis PBT up by 113 %.

08. Massive improvement of Operating Cash Flow.

09. Reduction of Interest Cost.

10. Intereim Dividend paid in this year compaire to last year Zero dividends.

11. 30% rowth of Aluminium Products Revenue & 147% growth of Aluminium sector Profits.

12. The Subsidiary Swistek Aluminium Ltd incurred Rs.15.27 Mn for the service rendered in improving the manufacturing process. This will benifited for future.



Last edited by EPS on Tue May 26, 2015 10:46 pm; edited 1 time in total (Reason for editing : update)

169 Re: PARQ......PARQ.......PARQ.......PARQ...... on Tue May 26, 2015 10:57 pm

k9


Expert
Expert
91 mn is totally operational profit.100% guarenteed.pls do not psot any  comment without analysing correctly as investors are misleaded with wrong analysis.

In the income statement there is a row called other comprehensive income.thats from revaluation of malumahara factory land.that is 153 mn.its not take into the total net profit  or quaterly net profit.if that 153 mn take into the profit ,eps will be 3.17+(153/27.372)=245/27.372=8.9 for Q4 of 2014/15.if so parq yearly eps =5.29+8.9=14.2

So pls dont mislead investors.3.17 is purely operational and revaluation profit is not take into the parq  total or q profit.
 And also Nav is 39 now with revaluation profit also.

Yearly operational eps=8.46
Yearly eps with revaluation=14.2

170 Re: PARQ......PARQ.......PARQ.......PARQ...... on Tue May 26, 2015 11:06 pm

lakmal87


Manager - Equity Analytics
Manager - Equity Analytics
I don't want mislaed any other person. see cash flow. Then you can find the asset disposal gain 24.8 mn.

171 Re: PARQ......PARQ.......PARQ.......PARQ...... on Tue May 26, 2015 11:17 pm

EPS

avatar
Expert
Expert
@k9 wrote:91 mn is totally operational profit.100% guarenteed.pls do not psot any  comment without analysing correctly as investors are misleaded with wrong analysis.

In the income statement there is a row called other comprehensive income.thats from revaluation of malumahara factory land.that is 153 mn.its not take into the total net profit  or quaterly net profit.if that 153 mn take into the profit ,eps will be 3.17+(153/27.372)=245/27.372=8.9 for Q4 of 2014/15.if so parq yearly eps =5.29+8.9=14.2

So pls dont mislead investors.3.17 is purely operational and revaluation profit is not take into the parq  total or q profit.
 And also Nav is 39 now with revaluation profit also.

Yearly operational eps=8.46
Yearly eps with revaluation=14.2

Yes. This is correct. When doing a Land Revaluation process (As required once in each 02 years for IFRS reporting purpose) double entry will pass as,
     Debit : PPE (Land) - Balance Sheet Account
     Credit : Revaluation Reserves - Balance Sheet Account
So, there is no effected to P&L and only the NAV will go up.

172 Re: PARQ......PARQ.......PARQ.......PARQ...... on Wed May 27, 2015 1:21 am

k9


Expert
Expert
Look at the parq sales growth also.25% growth in Q 4.
So thats great.
Alum also recorded only15% sales growth.alum has 54% of aluminium industry.

Aluf also increased 52 mn to55mn in Q 4.

Parq increased alluminim sector profit to 169 mn from 68 mn.parq is having 24%of the aluminium industry.

Sales wise also parq Q4 results is the best.

173 Re: PARQ......PARQ.......PARQ.......PARQ...... on Wed May 27, 2015 5:31 am

lakmal87


Manager - Equity Analytics
Manager - Equity Analytics
Dear K9, now u compare last year result & this year result. It is aslo good. But i analized last 4th quarter operating profit was (91-24.8)66.2mn. Are u agree or not?

174 Re: PARQ......PARQ.......PARQ.......PARQ...... on Wed May 27, 2015 5:33 am

lakmal87


Manager - Equity Analytics
Manager - Equity Analytics
Dear K9, now u compare last year result & this year result. It is aslo good. But i analized last 4th quarter operating profit was (91-24.8)66.2mn.

175 Re: PARQ......PARQ.......PARQ.......PARQ...... on Wed May 27, 2015 7:36 am

k9


Expert
Expert
Dear lakmal87,

In the notes it is not specified and mentioned  and in the segmental profit column also only categorize into tile related and Aluminum.
So we have to wait till annual report released to deeply analyze.

On the other point is according to the LKAS 1 disposal profit also considered as operational income.




........................................................................................................................................
When we analyze a company, in PARQ we can clearly see the Sales growth as i mentioned earlier.So its a key factor for any company growth and future growth also.I mentioned about the sales growth 25% can be considered as a key factor of any company growth.

PARQ sales and profit growth is superb compared to the last year.YOY sales and profit also growing up.

Now they have earned 251 Mn for 2014/15.Dont know what they are going to do with this 251 Mn.Out of this ,this small company do another investing activity which can favour to the EPS.

Please analyse the SMB research PARQ report.It forecasts only 6 eps for 2014/15.but recorded more.
they have forecasts  11 for 2015/16 and 19 for 2016/17.

176 Re: PARQ......PARQ.......PARQ.......PARQ...... on Wed May 27, 2015 9:56 am

kassachandi


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
PARQ will fly later today.Still u guys can grab this valuable asset @67-68 range.this will gradually move towards 75 range in this week.

177 Re: PARQ......PARQ.......PARQ.......PARQ...... on Wed May 27, 2015 9:59 am

fireshelter

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Month End wait & Collect lower

178 Re: PARQ......PARQ.......PARQ.......PARQ...... on Wed May 27, 2015 4:11 pm

Market.Player

avatar
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@k9 wrote:Waiting for the PARQ Party Time....

Hopping Massive results
ALUF also shows 1.02 EPS...but ALUF has to wait sometime to Record Profits like PARQ.
Currently ALUF recorded 0.14 EPS for the 2014/15 yr.Trading at 35 levels.
Turnover wise ALUF has not recorded increasement ,52 mn for both Q3 and Q4 2014/15.
Reason is Aluf is suppling their products to the ALUMAX,thats y Mr. Dhammika P has taken over ALUF for the benifit of ALUM.
In Q3 GP is 32.9 mn and Q4 GP has come down to 12 mn

ALUF price will be gone up becuase of the favourable market situation.For trading purposes ALUF is ok.

But Investment purpose mid and long PARQ is the best.

Still Super Stock.....
This time will pass 100++
No words to express about the PARQ EPS....
Hoping a reasonable dividend also...

Keep in touch.
Happy Trading.........


Top of the post Party time .... to be adjust as joke of the forum....

179 Re: PARQ......PARQ.......PARQ.......PARQ...... on Wed May 27, 2015 4:13 pm

Market.Player

avatar
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@k9 wrote:LALU Q4 results has been released.According to the LALU Q4 profit pattern we can not expect more profits than this.but Q4 profit is not big as all think.Overall EPS is 10.6.

This Q Group revenue has decreased 30%, but company income statement revenue increased by over 30%.So we can assume that Aluminum revenue has been increased.other subsidiary revenue came down .Remember they have sold one subsidiary.

Anyway Aluminum revenue has been increased but as all expected this Q profit is not a big profit.


Then what about the PARQ results-Deep analysis


PARQ profit consists with Aluminum(65%) and Tile related profits.(35%)


2014/15 9 months profit is 160 Mn.

Last year Q4 profit is 77 Mn.
Aluminum profit-(77*0.65)=50 Mn
we can expect reasonably Aluminum profit growth by 40%.{profit growth 40%-60% range as this is Q4}

Assuming growth rate 40%,Then (50/100)*140=70mn.(this can be gone up to 100 Mn){70-100 mn range}

Other profit segment Tile related profit is 77-50=27 Mn
This profit will  definitely be double according to the last year pattern and high demand in PARQ tile related products in this seasonal Q4=27*2=54 Mn{54 Mn -70 Mn range}

Last Q Total profit should be 70+54=124Mn
Yearly profit 2014/15 minimum=160(9 months profit)+124(Q4)=284 Mn
So 2014/15 year EPS will be 284mn/27.372 Mn shares=10.37

Then Next year we can expect EPS 2 for the Q1 2015/16.
Last yr 2014/15 Q1 EPS 0.50.and yearly massive profits nearly EPS 15.
So  PARQ is the super Long Term Stock.
According to my analysis out of ALUM,ALUB,LALU ,
PARQ is the best ever Share.
Reasons,
1.Trading below 10x PE.
2.Super continuous EPS.
3.Profit consists with two different sectors.
4.Aluminum market share 24%(second largest)
5.Tile related product market share over 75%.

Happy trading.
Always stay with fundamentals .....So never loose.

 Nice EPS calculation.

180 Re: PARQ......PARQ.......PARQ.......PARQ...... on Wed May 27, 2015 4:15 pm

Market.Player

avatar
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@ONTHEMONEY wrote:Hi Guys,

We can observed a mix note on LALU and PARQ in recent financial performance. Although LALU earned substantial earnings to justify its prices, last Quarter 2014/2015 performance is weak compared to other 3 companies listed ( PARQ, ALUM, ALUF ). All companies in the same group and being in the same industry has recorded a significant growth in revenue. Therefore we cannot expect a super revenue in 1Q 2015/2016 FY. Hence I recommend collect in parcels at below levels if anyone have bought over Rs 80/-.

Though ALUF and ALUM has recorded a healthy growth in sales; prices are little overpriced to recommend. Hence a risk is associated.

However PARQ has displayed impressive results for the last quarter 2014/2015 together with significant growth in QoQ growth. Major contribution via Aluminium business while tiles have also contributed to improve performance.

During 1Q 2014/2015 company has recorded on an EPS of Rs 0.77. However during last quarter it has increased up to Rs 3.17 with constant revenue growth. Hence it is obvious that PARQ would record Rs 3.50 for the 1Q 2015/2016 FY.

I expected PARQ price Rs 125+ and above in medium term. 

Why? 

Company is doing extremely well. Still heavy orders for aluminium products continue.

1. Impressive growth in performance in recent Quarters YoY.

2. Continuously reducing Banks liabilities ultimately increasing NAV, Annualized earnings would justify the above price and above.

3. Highest profits generated in Q4 during last 2 years. Hence we can expect better results. Company has made losses in history. However after the takeover by Lanka Tiles, company is performing well.

4. Strong fundamentals and drivers in the market involved in the list of stockholders. ( e.g Gulam Hussain)

5. High chances for a very attractive dividend.

Not all technically sound shares perform well. In my view a share to perform in the market it should have 2 key components; market drivers+fundamental backing. PARQ has it.

Considering all above facts PARQ displays signs to jump out of blocks. Considering the ill-liquid nature I recommend to hold as a Long term Investment.


Happy Investments


125 +

181 Re: PARQ......PARQ.......PARQ.......PARQ...... on Wed May 27, 2015 4:18 pm

Market.Player

avatar
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@EPS wrote:Very important point is, PARQ is now shows continuous QUARTER ON QUARTER growth performance. That is massive plus point for investors to upgrade this share to next level.
Defa PARQ current valuation above 100 with minimum 10 PER.
This first well performing year under Nimal Perera. Never goes back all companies under him. First changing year they reports 8.46 EPS. What a change to the company.
Remember SEMB predicted 6 EPS for 2015. but they deliver 8.46 massive EPS.
SEMB next year forecasted EPS  is 11. will see the growth.
Now this shows as a long term holding stock.
Also,
I like to revalue the PARQ at current quarter EPS 3.17 x 4 = 12.68 level.
So, compaire to sector trading PER of 11, PARQ can now valued at Rs.120 range. Will see during next quarter.

120

182 Re: PARQ......PARQ.......PARQ.......PARQ...... on Wed May 27, 2015 4:34 pm

fireshelter

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Wait & See i am not a promoter

183 Re: PARQ......PARQ.......PARQ.......PARQ...... on Wed May 27, 2015 4:39 pm

EPS

avatar
Expert
Expert
Currently in CSE most of shares are driven with fundamentals. It seems no gambling like 2010, 2011. Look at the shares like LWL, HAYL, CFVF, ALUFAB, RCL, and more.......
So, it is clear PARQ last quarter reported above 3.0 EPS. So, fundamentaly annualize level it is now 12 EPS level. Currently Aluminium sector other shares are trading at 11 PER.
So, PARQ is having Aluminium sector 25% of market share. Price will adjust accordingly.
Any how at minimum level,
PARQ reported EPS 8.44 x 11 PER = minimum value is Rs.92/- now. If CSE is running with fundamental theory, need to adjust this soon.

184 Re: PARQ......PARQ.......PARQ.......PARQ...... on Wed May 27, 2015 5:08 pm

k9


Expert
Expert
PARQ IS FUNDAMENTALLY STRONG SHARE.Thats y we all recommend it.

Now the CSE is react to the fundamental value.Among other stock Parq has a good value.NAV 39.EPS 8.46.What else.currently trading below PE 8x.

We recommended only a fundamental value stocks like PARQ.
not like warrents and other over value stocks.We analyse the stocks whether fundamentally strong or not.

It seems Market player is enjoying with this.IF we are wrong he should write in polite way.Anyway its ok.

We always recommend value stocks....

185 Re: PARQ......PARQ.......PARQ.......PARQ...... on Wed May 27, 2015 5:59 pm

Market.Player

avatar
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Hay, Y u promote as 100 PLUS Stock ....?

186 Re: PARQ......PARQ.......PARQ.......PARQ...... on Wed May 27, 2015 6:05 pm

Market.Player

avatar
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
"balum bole pumbala, pumbala exit una neda ?"

187 Re: PARQ......PARQ.......PARQ.......PARQ...... on Wed May 27, 2015 9:07 pm

Market.Player

avatar
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
[url=/t43446-parq-profit-but-go-down-vpel-loss-but-go-up#266434]Re: PARQ Profit But Go Down..VPEL Loss but Go up...[/url]
 by Market.Player Today at 10:09 pm


Be careful,
Same gang who run the CFVF, were played with PARQ. That is pre-planed game.

Remember, what they did to CFVF. before release the CFVF accounts played the share price from Rs 24/- to 66/- . They promoted as CFVF worth above 100/- like that lab la and they exited. After release the CFVF financials with massive EPS, share price came down to Rs.25/- . That was a preplaned game done by that gang purposly. Then they collect the shares again at 25 & then push up to 45/- and exited. That was a master game played by cfvf gang. actually they earned double from CFVF. most of small CFVF players burned their hand.

Now what happen to PARQ. THIS ALSO promoted by same CFVF promoted team. (You all know the forum promotrd names). they pushed the PARQ from 30 to 68/- . told others to mega 5 EPS & worth more than 100/- like same CFVF story. What happen after the massive financials. price is comming down now. same CFVF game is happening. I belive some times PARQ also will down untill their targets.then they will play the second drama. more will burn again.

188 Re: PARQ......PARQ.......PARQ.......PARQ...... on Wed May 27, 2015 9:19 pm

fireshelter

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
market player Why you want Big Quantity You are talking negatives Wait & see End of this December can you predict PARQ Price i can predict as Above Rs.120/-

189 Re: PARQ......PARQ.......PARQ.......PARQ...... on Wed May 27, 2015 9:26 pm

kassachandi


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Mr market player can u tell why is PARQ going down ? With a EPS of over 8.

190 Re: PARQ......PARQ.......PARQ.......PARQ...... on Wed May 27, 2015 9:31 pm

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
the logic behind marketplayer is correct.untimately it comes down to rule no 1 ,every share movement is a result of manipulation of few parties.new comers just search google and read deadly art of stock manipulation.

191 Re: PARQ......PARQ.......PARQ.......PARQ...... on Wed May 27, 2015 9:31 pm

Gainer

avatar
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@fireshelter wrote:market player Why you want Big Quantity You are talking negatives Wait & see End of this December can you predict PARQ Price i can predict as Above Rs.120/-

Yes he want to buy thats'swhy negative talking.

192 Re: PARQ......PARQ.......PARQ.......PARQ...... on Wed May 27, 2015 9:37 pm

kumarweerarathne

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
People can say 1000 words on this but I never sell this if sell only above 100/- , growth company so no sorry no worry .

193 Re: PARQ......PARQ.......PARQ.......PARQ...... on Wed May 27, 2015 9:52 pm

Gainer

avatar
Associate Director - Equity Analytics
Associate Director - Equity Analytics
PARQ is the very Hot stock in the current market and hard talking going on.

PARQ is the Winner of the year 2015

194 Re: PARQ......PARQ.......PARQ.......PARQ...... on Wed May 27, 2015 10:04 pm

EPS

avatar
Expert
Expert
Only thing what I wanted to tell you, just click check the LWL last 03 years financials. Now it became as a more than double size company under Mr. Nimal Perera brand. Double the Revenue, Double the Profits, double the shareholders value with in very short period.

Then why ignore PARQ, under NP. It already proved. This is first year they reported above 8.00 EPS under NP, when compaire with last year end EPS of 3.00.

PARQ is under manufacturing sector business & its growth is potential & most of manufacturing companies are currently trading above 10x PER.

In my fundamental valuation currently PARQ can value at 8.46 EPS with PER 11x TIMES means above Rs.90.00.















Also, note that their financial statement says, (under Note No.6) :

"The subsidiary Swisstek Aluminium Ltd incurred Rs. 15.27 Mn for the services rendered in improving the manufacturing processes.This service has been provided by related Company, Royal Ceramics Lanka PLC"

This also clear sign for their expected future growth.



Further more, PARQ have a solid backing from the tile industry front runner, Royal Ceramics group. Also note that PARQ is the second largest Aluminium extrusion producer in sri lanka with 24% market share.Also company is under 5 years Tax holiday.



They have excessive production capacity to meet rising demand. Also, Market leader in the tile mortar and tile grout sector. They having future oppertunities for potential growth in the tile mortar market & demand for Aluminium related constructions.


So, I have a confidence with PARQ future earnings and most will expect above 12 EPS from their next year financials. By looking their group other companies, this task is not impossible. So, this can be recomend as a future winner for long term holders.

195 Re: PARQ......PARQ.......PARQ.......PARQ...... on Wed May 27, 2015 10:12 pm

Ryan Hudson


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
in whichever term Parq should reach 80-100, its the most improved company in this year

196 Re: PARQ......PARQ.......PARQ.......PARQ...... on Wed May 27, 2015 10:23 pm

kuma524

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Nothing words only parq parq.... will go up ....
 Hurry hurry .. buy buy buy... no one can stop this will go up sooonnnn..... :)

197 Re: PARQ......PARQ.......PARQ.......PARQ...... on Wed May 27, 2015 10:29 pm

kuma524

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Nothing words only parq parq.... will go up ....
 Hurry hurry .. buy buy buy... no one can stop this will go up sooonnnn..... :)

198 Re: PARQ......PARQ.......PARQ.......PARQ...... on Wed May 27, 2015 11:58 pm

jayathu


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

If u take out that 165mn, there profits for the year comes down to 240 mn. Isn't that mean EPS is 3 for the financial yr without that revaluation gain amount. NAPS is also 39 n low dividend payout ratio high PE ratio means this share at this current level is overvalued rite???

199 Re: PARQ......PARQ.......PARQ.......PARQ...... on Thu May 28, 2015 6:32 am

EPS

avatar
Expert
Expert
Revaluation of land is not a P&L entry. it is effected to only Balance Sheet. Only happen is NAV is going up & benifited to shareholders.
Jayathu, dont mis understand.

200 Re: PARQ......PARQ.......PARQ.......PARQ...... on Thu May 28, 2015 8:32 am

jayathu


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
there comprehensive income statement shows total comprehensive income for the period is 245mn. Out of that profits for the period is 95mn n 153mn from other comprehensive income. In that comprehensive income includes 165mn gain on revaluation land.
I even thought u must be correct cause they can't show that gain in the income statement n only can shown on the balance sheet. But its not the case, if u go look at equity one n equity two it's the same case.

201 Re: PARQ......PARQ.......PARQ.......PARQ...... on Thu May 28, 2015 8:36 am

jayathu


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
I might not be expert like EPS, but I only state the figures that shows in the financial reports.

202 Re: PARQ......PARQ.......PARQ.......PARQ...... on Thu May 28, 2015 9:18 am

EPS

avatar
Expert
Expert
PARQ Profit attributable to, Owners of the company = 86.74 Mn (You have to ignore the non controlling interest of 5.354 Mn).

No of Shares issued = 27.37 Mn.

Quarterly EPS = 86.74 / 27.37 = 3.17

203 Re: PARQ......PARQ.......PARQ.......PARQ...... on Thu May 28, 2015 9:50 am

shadow walker

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
@jayathu wrote:there comprehensive income statement shows total comprehensive income for the period is 245mn. Out of that profits for the period is 95mn n 153mn from other comprehensive income. In that comprehensive income includes 165mn gain on revaluation land.
I even thought u must be correct cause they can't show that gain in the income statement n only can shown on the balance sheet. But its not the case, if u go look at equity one n equity two it's the same case.

When calculating EPS we only consider about PAT. dont use comprehensive income to calculate EPS..  everything under comprehensive income topic not affect to the EPS..

But in future this gain in  comprehensive income will be good for company growth.. revaluation increase the NAV of company..

EPS =
PROFIT ATTRIBUTED TO OWNERS/NUMBER OF SHARES (86,740,000/27372000=3.1689)

204 Re: PARQ......PARQ.......PARQ.......PARQ...... on Thu May 28, 2015 8:02 pm

fireshelter

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Laughing Laughing Laughing Laughing

205 Re: PARQ......PARQ.......PARQ.......PARQ...... on Fri May 29, 2015 7:16 pm

Pac-man

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
This will start to rise from monday !!!! 
What you think ???

Back to top  Message [Page 5 of 6]

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

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