Author Topic: SFL -- Sapphire Fibres Limited  (Read 15947 times)

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Offline Farzooq

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SFL -- Sapphire Fibres Limited
« Reply #-1 on: December 24, 2012, 04:32:05 PM »
« Last Edit: January 04, 2013, 12:58:40 PM by M&M »
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SFL -- Sapphire Fibres Limited
« Reply #-1 on: December 24, 2012, 04:32:05 PM »

Offline Tezihunt

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Re: SFL -- Sapphire Fibres Limited
« on: December 24, 2012, 08:43:11 PM »
SFL is already trading on the board then what are these new shares under symbol of SFLL that will start trading from Rs.10. Its last close price is 165.50. Kuch samajh naheen aaya. :skeptic:
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Offline SBM

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Re: SFL -- Sapphire Fibres Limited
« Reply #1 on: January 04, 2013, 12:32:59 PM »
SFL is already trading on the board then what are these new shares under symbol of SFLL that will start trading from Rs.10. Its last close price is 165.50. Kuch samajh naheen aaya. :skeptic:

SFFL will hold investments in associates of sapphire fibres .
New Topic started for it.
http://www.pakinvestorsguide.com/index.php/topic,1137.msg108186.html#msg108186
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Offline SBM

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Offline SBM

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Re: SFL -- Sapphire Fibres Limited
« Reply #3 on: October 10, 2013, 10:39:24 PM »
I hate waking up.

Offline SBM

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Re: SFL -- Sapphire Fibres Limited
« Reply #4 on: October 31, 2013, 02:15:19 PM »
http://www.kse.com.pk/notices-updates/detail2.php?id=4&nid=048561&pagesize=1&pageno=2

 :dance

eps 61 v 13 last year

in part because of big increase in other income thanks to subsidiary sapphire electric's first dividend since project started

i thikn sapphire electric started same time as nishat twins did .. ..
because of circular debt, and because of the fact that they had to run their plant on furnace oil instead of gas, they had huge sums tied up in working capital. .now as circular debt situation  improved, they have give dividend.


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Offline SBM

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Re: SFL -- Sapphire Fibres Limited
« Reply #5 on: November 03, 2013, 09:13:49 PM »
Profit after tax increased to Rs. 1,205 million as compared to 257 million of the
corresponding period. This was mainly on account of dividend income Rs. 863 million from the subsidiary
company

http://www.sapphire.com.pk/sfl/pdf/sfl_Q1_Accounts.pdf

Though your company has achieved good results for the 1st quarter of the year yet your management is of the
view that current year will be a challenging for the industry. Cotton prices are on the higher side whereas yarn
prices are not rising in proportionate to the cotton prices

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Offline SBM

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Re: SFL -- Sapphire Fibres Limited
« Reply #6 on: December 04, 2013, 02:51:40 PM »
worth at least 500 +

still at significant discount to its equity pf
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Offline SBM

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Re: SFL -- Sapphire Fibres Limited
« Reply #7 on: December 12, 2013, 10:43:49 AM »
 :dance

chalo ab jaldi ooper
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Offline sAr

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Re: SFL -- Sapphire Fibres Limited
« Reply #8 on: December 12, 2013, 01:43:00 PM »
You recommended me this, and i missed it huhu

Good call

Offline SBM

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Re: SFL -- Sapphire Fibres Limited
« Reply #9 on: December 19, 2013, 12:06:00 PM »
 :biggthumpup:

sponsors gradually cleaning up the float from the market .. It gives you an embedded put option  ;)
 
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Offline darthvader

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Re: SFL -- Sapphire Fibres Limited
« Reply #10 on: December 19, 2013, 12:16:07 PM »
:biggthumpup:

sponsors gradually cleaning up the float from the market .. It gives you an embedded put option  ;)

wt do you mean by embedded put option??

Offline SBM

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Re: SFL -- Sapphire Fibres Limited
« Reply #11 on: December 19, 2013, 12:52:28 PM »
:biggthumpup:

sponsors gradually cleaning up the float from the market .. It gives you an embedded put option  ;)

wt do you mean by embedded put option??

just means sponsors are interested in buying stock at current prices so you can always sell (or "put") back the stock to sponsors
it also creates an upward movement as minority investors feel confident that they can sell back the stock at higher prices
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Offline bilal

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Re: SFL -- Sapphire Fibres Limited
« Reply #12 on: December 19, 2013, 01:24:35 PM »
SBM sir is it still good to buy SFL at current rate?

Offline Dr. Economist

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Re: SFL -- Sapphire Fibres Limited
« Reply #13 on: December 20, 2013, 11:04:10 AM »
Book Value stands above 800 Rs per share. Moreover, one of the most beneficiary of GSP+. Agree with SBM that worth at least 500 Rs. Expected P/E ratio based on 1Q is less than 1.5.
Wanted to buy it around 250 but couldn't get the time to buy it  :down:

Offline SBM

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Re: SFL -- Sapphire Fibres Limited
« Reply #14 on: December 20, 2013, 11:21:29 AM »
Book Value stands above 800 Rs per share. Moreover, one of the most beneficiary of GSP+. Agree with SBM that worth at least 500 Rs. Expected P/E ratio based on 1Q is less than 1.5.
Wanted to buy it around 250 but couldn't get the time to buy it  :down:

p.e is higher ... full year earning is not equal to q1*4 as in q1 the booked big dividend income from subsidiary which may not happen again this year.
either way still cheap.
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Offline Dr. Economist

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Re: SFL -- Sapphire Fibres Limited
« Reply #15 on: December 20, 2013, 03:16:52 PM »
Book Value stands above 800 Rs per share. Moreover, one of the most beneficiary of GSP+. Agree with SBM that worth at least 500 Rs. Expected P/E ratio based on 1Q is less than 1.5.
Wanted to buy it around 250 but couldn't get the time to buy it  :down:

p.e is higher ... full year earning is not equal to q1*4 as in q1 the booked big dividend income from subsidiary which may not happen again this year.
either way still cheap.

Yes agree. How much EPS are you expecting for the full year?

Offline aalam

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Re: SFL -- Sapphire Fibres Limited
« Reply #16 on: December 25, 2013, 10:18:44 AM »
investo-type............lao 500
short list:ATRL,Engro,Efoods,DGKC

Offline aalam

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Re: SFL -- Sapphire Fibres Limited
« Reply #17 on: December 31, 2013, 08:09:20 AM »
good to invest in........... :good
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Offline engrusama

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Re: SFL -- Sapphire Fibres Limited
« Reply #18 on: January 02, 2014, 05:30:31 PM »
good to invest in........... :good

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