Author Topic: SAZEW -- Sazger Engineering Works Ltd  (Read 25404 times)

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Offline Farzooq

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Re: SAZEW -- Sazger Engineering Works Ltd
« Sticky post on: August 02, 2016, 03:15:31 PM »
Initiating coverage on SAZEW with a BUY CALL as it has highest number of sales for any auto-ricksahw manufacturer listed on PSX. it sold 17,500 rikshaws, 65,000 tractor rims compared to 14,000 rikshaws and 85,000 tract rims last year. We expect sales boast to PKR 2.8 billion vs PKR 2.45 billion last year depicting growth of 15%. This would take the bottom line growth to a staggering 40%. EPS is expected around 5.7/share vs last year's 4.1/share. Stock currently trading at P/E multiple of 5.75 and dividend yield of 7.5%. SAZEW will likely post earnings of Rs 8 for FY17 with sales at 100% production capacity. Our target Price PKR 60 with an upside potential 90%! making it a value BUY.
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Re: SAZEW -- Sazger Engineering Works Ltd
« Reply #-1 on: August 02, 2016, 03:15:31 PM »

um@ir

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SAZEW -- Sazger Engineering Works Ltd
« on: October 06, 2008, 02:25:06 PM »
All about Sazger Engineering Works Ltd

Offline Honda 125

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Re: SAZEW -- Sazger Engineering Works Ltd
« Reply #1 on: October 08, 2008, 02:47:46 PM »
Yaar iss topic ke kya zaroorat the??? Sazgar nay tu waisay he band ho jana ha jab NBP band ho ga. Waisay apas ke baat ha. NBP is financer, SAZEW ko tu i think faida ho ga agar financer mar giya tu, coz paisay wapis nahe karnay parain gay  ;D

um@ir

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Re: SAZEW -- Sazger Engineering Works Ltd
« Reply #2 on: October 08, 2008, 03:44:26 PM »
;D  ;D  ;D  ;D  ;D

um@ir

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Re: SAZEW -- Sazger Engineering Works Ltd
« Reply #3 on: October 29, 2008, 11:31:33 AM »
Announced its annual Resutls - 20 % bonus with 15.61 EPS for full year.

Sales have gone 60% up y-o-y basis.
Cost of goods sold is up 1 %
Distribution cost is up 1 % of sales
Administrative expense is down 1% of sales.
operating expenses remain at 5 % of sales.
Gross profit margin is down to 19% from previous20% last year.
Earnigs registered stagering 60% growth.
Net profit margin is up from 8.64% to 8.76% year on year basis.
Average price for 2007 was 51.8 while average price for 2008 was 99.62 rupees.

RED ALERT !!

In 9 months SAZEW sold 7268 units of CNG rikshaw and ended up with EPS = 14.59

In last 3 months SAZEW sold 2511 units of CNG riksaw and ended up with EPS = 1.03

For full year they sold 9779 units with EPS = 15.61

Sales: (2009)
july = 274
August = 180

Future outlook:

Going farward SAZEW is facing challenge of high domestic inflation. High cost of good sold. rising exchange rate making imports costly and most importanlty they are in direct competition with some "locally manufactured cng model" which union and local people have come up with. The future is certainly not bright !!!!!!! only export potential but enviroment is over shaddowing this fact.

Offline Honda 125

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Re: SAZEW -- Sazger Engineering Works Ltd
« Reply #4 on: October 29, 2008, 11:38:30 AM »
Hahaha.... mil giya Sazew mai bonus sab ko???  ;D

um@ir

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Re: SAZEW -- Sazger Engineering Works Ltd
« Reply #5 on: October 29, 2008, 12:47:35 PM »
Govt to launch new Rozgar scheme next month


KARACHI, Sept 27: The President’s Rozgar Scheme launched by Musharraf-Shaukat government under the auspices of public sector National Bank of Pakistan in 2006-07 is being given a new name, People’s Rozgar Scheme, and is being re-launched by the middle of next month with much fanfare and media glare.

“From next month, just after Eid, the elected Pakistan People’s Party (PPP) government is all set to launch a vigorous media campaign on populist social welfare projects, like People’s Rozgar Scheme, Benazir Income Support Programme, land allocation for landless and Benazir Youth Support Programme,’’ a well connected businessmen disclosed who revealed that the government has taken difficult and unpalatable decisions like withdrawing subsidy on oil and gas in the last few months and in return has earned harsh public criticism.

“The government now wants to come with a pro-poor face,’’ he said.

“New products will be offered to the unemployed youth in addition to increase in loan limits of President’s Rozgar Scheme products,’’ a sources in government disclosed.

He said four or five new products are being offered; of which most important is diagnostic devices to the young general medical practicing practitioners.




um@ir

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Re: SAZEW -- Sazger Engineering Works Ltd
« Reply #6 on: October 29, 2008, 02:01:37 PM »
29-OCT-08   SAZEW   Sazgar Engg XB   FINANCIAL RESULT FOR THE FIRST QUARTER ENDED 30/09/2OO8
29-OCT-08   SAZEW   Sazgar Engg XB   PROFIT/LOSS BEFORE TAXATION RS. IN MILLION 5.496
29-OCT-08   SAZEW   Sazgar Engg XB   PROFIT/LOSS AFTER TAXATION RS. IN MILLION 3.536
29-OCT-08   SAZEW   Sazgar Engg XB   EPS = 0.41

um@ir

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Re: SAZEW -- Sazger Engineering Works Ltd
« Reply #7 on: November 20, 2008, 10:14:22 AM »
Lifting of ban on CNG rickshaws on VIP roads demanded


LAHORE: Pakistan Auto Rickshaw Manufacturers Association (PARMA) has demanded that the government lift the ban on operating 4-stroke CNG auto rickshaws, that are noiseless and environment friendly vehicles, on VIP roads.

The demand was made at a meeting with Malik Pervaiz Azmat the Project Director (CNG Green Rickshaw Loaning Scheme) Punjab Small Industries Corporation. Azmat briefed the members about the problems faced by the borrowers of the scheme regarding poor production quality of CNG auto rickshaws. He floated an idea of a CNG Club which could be a broader base for the manufacturers as well as private entrepreneurs for loaning facilities.

He said that 37 manufacturers have so far been registered by the Transport Department Government of Punjab and placed on PSIC loaning panel. On complaints by the members that the regional offices are delaying the disbursement of their finances, the Project Director promised that such grievances (as and when brought to his notice) are addressed without fail and doors are always open for due remedy.

Chairman PARMA Asif Rehan Dar joining the deliberations said that Pakistani 4-stroke CNG auto rickshaw has captured the markets of Bangladesh, Sri Lanka and African countries and is also competing with the Indian Bajaj rickshaw. This is a very healthy sign and if the government supports the manufacturers, exports of millions of dollars of auto rickshaws are expected in the coming years.

um@ir

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Re: SAZEW -- Sazger Engineering Works Ltd
« Reply #8 on: January 23, 2009, 09:27:36 AM »
NBP suspends Rozgar scheme

ISLAMABAD: The National Bank of Pakistan (NBP) has temporarily suspended the President’s Rozgar scheme started during the era of former president Pervez Musharraf, President NBP Syed Ali Raza said. In an interview with Geo News, he informed that a total of Rs3.75 billion loans have been provided to people under President’s Rozgar scheme since its inception. Under the scheme, people were given auto rickshaws but the scheme has now been suspended temporarily, he added. It is pertinent to mention here that loans ranging from Rs15,000 to Rs150,000 were being given by NBP to the unemployed youth. The self-employment scheme was being offered in five brands, fixed phone PCO, mobile PCO, transport rickshaw (Qingqi), Qingqi for goods delivery and small utility stores.

Offline stockchild

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Re: SAZEW -- Sazger Engineering Works Ltd
« Reply #9 on: April 18, 2012, 10:21:27 PM »
Keep an eye on this share. result tomorrow. 6M EPS=Rs.3 with good annual payout. If 3rd qtr result is good, it Could easily touch Rs.30 in this rally

Offline momo

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Re: SAZEW -- Sazger Engineering Works Ltd
« Reply #10 on: April 19, 2012, 08:12:21 AM »
Keep an eye on this share. result tomorrow. 6M EPS=Rs.3 with good annual payout. If 3rd qtr result is good, it Could easily touch Rs.30 in this rally

Yaar, wanted to buy it when it was around Rs19, but didn't have the funds at the time. Good undervalued share.

Offline stockchild

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Re: SAZEW -- Sazger Engineering Works Ltd
« Reply #11 on: April 19, 2012, 04:18:31 PM »
9M eps= 5.22           this qtr eps= 2.2                very good result. Due to resumption of tractor sales, last qtr result will be good too. Let see where it goes now

Offline stockchild

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Re: SAZEW -- Sazger Engineering Works Ltd
« Reply #12 on: April 20, 2012, 10:20:26 PM »
upper locked today as well. Next stock to look for is Tariq Glass. 6M EPS= Rs. 2. another one rupess eps for the qtr and it could easily touch Rs.20

Offline stockchild

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Re: SAZEW -- Sazger Engineering Works Ltd
« Reply #13 on: April 20, 2012, 10:29:34 PM »
FCSC is another undervalued share. this qtr result will be very good. Have a Look at their 6 months accounts.Most of their held for trading investment is in Pace and world call. jsut compare the price of these shares at 31 Dec 2011 and at 31 March 2012. Gain will be huge. Plus KSE is generating huge volumes.

short term target is Rs.6 and it could easily achieve this price if my result prediction is correct.

Offline mshakilsadiq

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Re: SAZEW -- Sazger Engineering Works Ltd
« Reply #14 on: April 24, 2013, 02:30:50 PM »

Any update on SAZEW please.
If you want a 'Pension Plan' then think about EFOODS and FCCL.

Offline umar

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Re: SAZEW -- Sazger Engineering Works Ltd
« Reply #15 on: August 16, 2013, 06:24:34 PM »
Full year eps EPS 3.7
Last quarter EPS 1.81
DPS 1rps

Company has started producing bikes in addition to rickshaws and EPS is showing an increasing trend. Can easily go above 40 rps by dec 13.
On a long enough time line, the survival rate for everyone drops to zero

Offline Hamid Mamraiz

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Re: SAZEW -- Sazger Engineering Works Ltd
« Reply #16 on: August 17, 2013, 10:10:04 AM »
Full year eps EPS 3.7
Last quarter EPS 1.81
DPS 1rps

Company has started producing bikes in addition to rickshaws and EPS is showing an increasing trend. Can easily go above 40 rps by dec 13.

Expected EPS as for FY 14 is 7-8 and it can reach 45-50 by Next year Financial results i.e. 1 year time period
Kisse party ne satta kia to pehlay bhe up ja sakta hai but normal trading mein August 2014 tak he jaye ga.
Trend is your friend. Never go against the Trend.

Offline MZ

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Re: SAZEW -- Sazger Engineering Works Ltd
« Reply #17 on: October 28, 2013, 01:32:47 PM »

Offline GlobalInvestor

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Re: SAZEW -- Sazger Engineering Works Ltd
« Reply #18 on: December 06, 2013, 04:14:02 PM »
Full year eps EPS 3.7
Last quarter EPS 1.81
DPS 1rps

Company has started producing bikes in addition to rickshaws and EPS is showing an increasing trend. Can easily go above 40 rps by dec 13.

Expected EPS as for FY 14 is 7-8 and it can reach 45-50 by Next year Financial results i.e. 1 year time period
Kisse party ne satta kia to pehlay bhe up ja sakta hai but normal trading mein August 2014 tak he jaye ga.

After having confirmed the FACT on SAZEW ................ WE shall build it for 50's ........... Good Luck :good :fingerscrossed1:
WE Dare to Share the Fundamentals Based, Technically Supported & Sentiments Driven Value Investment LEADS

Offline SBM

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Re: SAZEW -- Sazger Engineering Works Ltd
« Reply #19 on: December 12, 2013, 12:23:15 PM »
rickshaw sales up 17.3% yoy
I hate waking up.

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