CIND.N0000 (Central Industries PLC)
- yellow knifeTop contributor
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Join date : 2014-03-27
CIND.N0000 (Central Industries PLC)
As per the annual report of the company following are the salient features of last year.
1. Construction industry grew by 20.2%
2. Commercial banks lending to housing and construction activity increased by more than 20% due to low lending rate.
3. Capital Expenditure of National Water Supply and Drainage Board has increased capital expenditure by 25%
4. Low inflation and lending rate increased small and medium scale construction activity
5. CIND has increased production capacity to meet the development and last annual report they used the term OVER-CAPACITY
6.Marketing campaigns were carried out effectively with branding of vehicles, dealer promotions, segmenting products
7. Dealership of Hitachi power tools
- yellow knifeTop contributor
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Re: CIND.N0000 (Central Industries PLC)
as to confirm above factors
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- yellow knifeTop contributor
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Re: CIND.N0000 (Central Industries PLC)
I have observed that Sons pay good dividends than Mothers..That is mother companies pay poor dividends in comparison to earnings than subsidiaries .
CIND being a associate of of Central Finance pay good dividends and a better half of its cash-outflow becomes cash-inflow to the mother company.
Thus dividend hunters should select subsidiaries and associates than mother company shares..
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- yellow knifeTop contributor
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Re: CIND.N0000 (Central Industries PLC)
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- yellow knifeTop contributor
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Re: CIND.N0000 (Central Industries PLC)
But no effects of such export activities are mentioned in 2014/15 annual report.
- yellow knifeTop contributor
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Re: CIND.N0000 (Central Industries PLC)
Several leading construction contractors are facing cash flow difficulties as the monies due to them on past government projects have been delayed considerably. Hence it appears that at preset while the commencement of new projects are delayed contractors too are proceeding cautiously or are constrained in undertaking new projects. This has resulted in a sharp downturn in supplier of PVC products for large scale projects..( P 6 of annual report)
Thus this company share will also depend on general election predictions almost like AEL
- chutiputhaTop contributor
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Re: CIND.N0000 (Central Industries PLC)
- yellow knifeTop contributor
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Re: CIND.N0000 (Central Industries PLC)
- sereneTop contributor
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Re: CIND.N0000 (Central Industries PLC)
- malanp
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Re: CIND.N0000 (Central Industries PLC)
- yellow knifeTop contributor
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Re: CIND.N0000 (Central Industries PLC)
Profit for the period has gone up by 158%.
EPS has gone up substantially
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- $$$
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Re: CIND.N0000 (Central Industries PLC)
- chutiputhaTop contributor
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Re: CIND.N0000 (Central Industries PLC)
$$$ wrote:YK what do you think exit price will be.? Cind might move up with this news?
YK sir is a long runner
- Expert
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Re: CIND.N0000 (Central Industries PLC)
chutiputha wrote:$$$ wrote:YK what do you think exit price will be.? Cind might move up with this news?
YK sir is a long runner
Thanks YK. I think there shall be no price that would trigger an exit on this.
- Hybrid
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Re: CIND.N0000 (Central Industries PLC)
- First Guy
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Re: CIND.N0000 (Central Industries PLC)
- GroundedKestrel
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Re: CIND.N0000 (Central Industries PLC)
Hybrid wrote:Those who took the dividend of 4/50 will dispose between 115 - 120 within a month.
Hi Hybrid,
I don't mean to sound rude but what makes you think that CIND would and should be disposed at around 120? From what i understand, there don't have enough output to match up with the demand.
If a company like REGNIS (similarly illiquid) can soar to great heights with some much competition, i do not see what CIND will be missing once it increases its profits and EPS?
- yellow knifeTop contributor
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Re: CIND.N0000 (Central Industries PLC)
Expert wrote:chutiputha wrote:$$$ wrote:YK what do you think exit price will be.? Cind might move up with this news?
YK sir is a long runner
Thanks YK. I think there shall be no price that would trigger an exit on this.
I heard from my Grandma that squirrel taught how to climb trees to cat... But never taught how to get down..so cat will climb up a tree and just jump down..
Earlier I had different target values... Now being a Never to sell I don't have any target to sell.. Chuti is right in that regard...
My average is 60.87 for CIND.. and I have no Idea of selling in near future...
- yellow knifeTop contributor
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Re: CIND.N0000 (Central Industries PLC)
- nihal123Top contributor
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Re: CIND.N0000 (Central Industries PLC)
yellow knife
We miss SLS
- WasteofTime
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Re: CIND.N0000 (Central Industries PLC)
Rs.60.87?you must have bought 2years ago. There are no of shares you can make over 100% with in short time. Why do you want to hold this for forever? I think you love this company rather than making money.
yellow knife wrote:Expert wrote:chutiputha wrote:$$$ wrote:YK what do you think exit price will be.? Cind might move up with this news?
YK sir is a long runner
Thanks YK. I think there shall be no price that would trigger an exit on this.
I heard from my Grandma that squirrel taught how to climb trees to cat... But never taught how to get down..so cat will climb up a tree and just jump down..
Earlier I had different target values... Now being a Never to sell I don't have any target to sell.. Chuti is right in that regard...
My average is 60.87 for CIND.. and I have no Idea of selling in near future...
- yellow knifeTop contributor
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Re: CIND.N0000 (Central Industries PLC)
I am very passive in making money... I too wonder with the same question when you look at certain investors like JB Cocoshell or many other long-term holders...They just hold and be happy with the dividend... Thats what I too do...
- GroundedKestrel
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Re: CIND.N0000 (Central Industries PLC)
I guess it depends your patience for investment returns. A little now? or a lot later?
- yellow knifeTop contributor
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Re: CIND.N0000 (Central Industries PLC)
- pathfinderTop contributor
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Re: CIND.N0000 (Central Industries PLC)
Dear friends different people have different strategies,one should follow what suits to him,we have discussed those in earlier as well.yellow knife wrote:Waste of time and Grounded Kestrel I think we should start up a separate thread for INVESTOR'S STRATEGY and discuss these in detail .. there are many strategies and what match to a trader is not what match to a long runner...and leave this thread purely on CIND
Regarding CIND one of the good fundamentaly sound share trading below it's NAVPS with a decent DY.ST people may exit around 110 as it has a resistance there.But it can easily bring in to highs as it illiquid.