Author Topic: MRNS - Mehran Sugar Mills Limited  (Read 15204 times)

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Offline SBM

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Re: MRNS - Mehran Sugar Mills Limited
« Reply #59 on: August 04, 2016, 09:02:48 PM »
The recent ban on Indian exports and news of drought in Thailand has meant that the white sugar market has seen tightness. The impact of this has also been felt in the domestic sugar markets of neighbouring Afghanistan and subsequently in our own domestic market. Higher prices shall lead to inventory gains and thus most mills holding stock should report positive fourth quarter numbers.

http://mehransugar.com/pdf/Quarterly/June-2016.pdf
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Re: MRNS - Mehran Sugar Mills Limited
« Reply #59 on: August 04, 2016, 09:02:48 PM »

Offline alicima

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Re: MRNS - Mehran Sugar Mills Limited
« Reply #60 on: October 24, 2016, 03:52:18 PM »

Offline Koolfire

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Failure Is Only a Temporary Change in Direction To Set You Straight For Your Next Success...Only Those Who Dare To Fail Greatly Can Ever Achieve Greatly...

Offline Koolfire

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Re: MRNS - Mehran Sugar Mills Limited
« Reply #62 on: September 19, 2017, 07:40:35 PM »
Failure Is Only a Temporary Change in Direction To Set You Straight For Your Next Success...Only Those Who Dare To Fail Greatly Can Ever Achieve Greatly...

Offline stuka

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Re: MRNS - Mehran Sugar Mills Limited
« Reply #63 on: January 15, 2020, 03:44:30 PM »
they hold equities worth 1 billion on September 30th.

their portfolio is up by almost .3 billion. they would have earned handsome capital gain.

Market conditions are getting better they might pursue listing of unicol again. their holding is 33.33 %.

Mebl, Bahl, Hubc, Agic, Hinoon, Kml, Khtc, PPL

Offline zelmc

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Re: MRNS - Mehran Sugar Mills Limited
« Reply #64 on: January 15, 2020, 05:29:22 PM »
they hold equities worth 1 billion on September 30th.

their portfolio is up by almost .3 billion. they would have earned handsome capital gain.

Market conditions are getting better they might pursue listing of unicol again. their holding is 33.33 %.
I think Mehran is expensive along with Mirpurkhas and Faran.
There are reports of price wars between millers for procuring as much sugar cane as possible from farmers due to short supply. Price of as high as 240-250/40 kg has been reported by people in Sindh province. Cost of production will increase both for sugar and ethanol.
I think CHAS is trading at cheap rates and would be an excellent buy around 40. There are more chances that it will repeat the same amount of earnings as reported last financial year.

Offline stuka

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Re: MRNS - Mehran Sugar Mills Limited
« Reply #65 on: January 15, 2020, 09:24:10 PM »
Aisay kuch nahi ha Bhai. Jb govt rate 180 190 ha to koi 240 kio khariday ga.
One thing more. Read frsm report they bought for 180 and paid  at 160. Poor illeterate farmers did not challenge and the booked 55 crore reversal in last qtr. And they say k no one is asking for 180 so no more provisioning is required.
Mebl, Bahl, Hubc, Agic, Hinoon, Kml, Khtc, PPL

Offline Thelma

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Re: MRNS - Mehran Sugar Mills Limited
« Reply #66 on: January 15, 2020, 10:09:25 PM »
Any views on shahmurad sugar and Al Abbas sugar ?

Offline zelmc

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Re: MRNS - Mehran Sugar Mills Limited
« Reply #67 on: January 15, 2020, 10:45:18 PM »
Any views on shahmurad sugar and Al Abbas sugar ?
I would suggest to wait for at least 2nd quarter result before taking any position in Shahmurad and Al Abbas Sugar. I think both will become ex-div on Friday and now is not the time to buy them. Buying at these rates will most likely expose one to losses and there is no chance of dividends becoming free if one buys at these rates.

Offline Thelma

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Re: MRNS - Mehran Sugar Mills Limited
« Reply #68 on: January 16, 2020, 12:39:59 AM »
Any views on shahmurad sugar and Al Abbas sugar ?
I would suggest to wait for at least 2nd quarter result before taking any position in Shahmurad and Al Abbas Sugar. I think both will become ex-div on Friday and now is not the time to buy them. Buying at these rates will most likely expose one to losses and there is no chance of dividends becoming free if one buys at these rates.
Thankyou for yr suggestions .....should I take the divident and sell after x ..My buying is 112 shms
And 212 al Abbas..or book whatever profit and sell before x..

Offline zelmc

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Re: MRNS - Mehran Sugar Mills Limited
« Reply #69 on: January 16, 2020, 12:56:22 AM »
Any views on shahmurad sugar and Al Abbas sugar ?
I would suggest to wait for at least 2nd quarter result before taking any position in Shahmurad and Al Abbas Sugar. I think both will become ex-div on Friday and now is not the time to buy them. Buying at these rates will most likely expose one to losses and there is no chance of dividends becoming free if one buys at these rates.
Thankyou for yr suggestions .....should I take the divident and sell after x ..My buying is 112 shms
And 212 al Abbas..or book whatever profit and sell before x..

If I were you, I would book profit and sell before becoming ex-Div.

Offline stuka

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Re: MRNS - Mehran Sugar Mills Limited
« Reply #70 on: January 16, 2020, 09:05:18 AM »
Any views on shahmurad sugar and Al Abbas sugar ?

SHSML held sales in last qtr to sell later at better prices. Ist qtr results will give better direction. at the moments it is better to book profit but later keep track of sugar prices and ist qtr result....

ist qtr directors report is important for further direction
Mebl, Bahl, Hubc, Agic, Hinoon, Kml, Khtc, PPL

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