Author Topic: NAGC -- Nagina Cotton Mills Limited  (Read 5032 times)

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Offline SBM

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NAGC -- Nagina Cotton Mills Limited
« Reply #-1 on: October 06, 2013, 06:59:25 PM »
All about NAGC

« Last Edit: October 10, 2013, 07:18:46 PM by M&M »
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NAGC -- Nagina Cotton Mills Limited
« Reply #-1 on: October 06, 2013, 06:59:25 PM »

Offline SBM

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Re: NAGC -- Nagina Cotton Mills Limited
« on: October 06, 2013, 07:01:10 PM »
Nagina Cotton Mills Limited
(NAGC)   September 27th, 2012
02:08:36 PM   FINANCIAL RESULT FOR THE YEAR ENDED 30/06/2012
PROFIT/LOSS BEFORE TAXATION RS. IN MILLION 364.032
PROFIT/LOSS AFTER TAXATION RS. IN MILLION 329.166
EPS = 17.60
DIVIDEND = 50%(F)
ANNUAL GENERAL MEETING WILL BE HELD ON 30/10/2012
BOOK CLOSURE FROM 24/10/2012
BOOK CLOSURE TO 30/10/2012

Nagina Cotton Mills Limited

(NAGC)   October 23rd, 2012
01:58:55 PM   FINANCIAL RESULT FOR THE FIRST QUARTER ENDED 30/09/2012
PROFIT/LOSS BEFORE TAXATION RS. IN MILLION 131.319
PROFIT/LOSS AFTER TAXATION RS. IN MILLION 121.073
EPS = 6.47

Nagina Cotton Mills Limited
(NAGC)   February 25th, 2013
01:19:23 PM   FINANCIAL RESULT FOR THE HALF YEAR ENDED 31/12/2012
PROFIT/LOSS BEFORE TAXATION RS. IN MILLION 272.364
PROFIT/LOSS AFTER TAXATION RS. IN MILLION 251.682
EPS = 13.46

Nagina Cotton Mills Limited
(NAGC)   April 24th, 2013
03:57:08 PM   FINANCIAL RESULT FOR THE NINE MONTHS ENDED 31/03/2013
PROFIT/LOSS BEFORE TAXATION RS. IN MILLION 460.653
PROFIT/LOSS AFTER TAXATION RS. IN MILLION 427.348
EPS = 22.85

Nagina Cotton Mills Limited
(NAGC)   September 26th, 2013
01:05:04 PM   FINANCIAL RESULT FOR THE YEAR ENDED 30/06/2013
PROFIT/LOSS BEFORE TAXATION RS. IN MILLION 625.356
PROFIT/LOSS AFTER TAXATION RS. IN MILLION 605.152
EPS = 32.36
DIVIDEND = 100%
ANNUAL GENERAL MEETING WILL BE HELD ON 25/10/2013
BOOK CLOSURE FROM 19/10/2013
BOOK CLOSURE TO 25/10/2013
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Offline SBM

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Re: NAGC -- Nagina Cotton Mills Limited
« Reply #1 on: October 06, 2013, 07:04:25 PM »
From annual 2013 accounts


Foreign  currency  risk  arises  mainly  where  receivables  and  payables  exist  due  to  transactions  with  foreign  undertakings  and balances held in foreign currency . However , the Company is materially exposed to foreign currency risk on assets. The Company enters into forward foreign exchange contract to manage the foreign currency exchange risk associated with the anticipated sales.
As at June30, 2013 financial assets includeRs. 801.185million(2012: Rs. 394.341million) which ares ubject to foreign currency
risk against US Dollars.


At June 30, 2013,if the Rupee had weakened/ strengthened by 5%againstthe US dollar with all other variablesh eld constant,
the  Company's  profit  for  the  year  would  have  increased  /  decreased  by  Rs.  40.059  million  (2012:  decreased  /  increased  by
Rs. 19.717 million), mainly a s a result offoreign exchangegains/ losses on translation of US dollar-denominated trade debts
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Offline SBM

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Re: NAGC -- Nagina Cotton Mills Limited
« Reply #2 on: October 06, 2013, 07:11:07 PM »
46k spindles mill  located at kotri ( less gas loadshedding issues, fuel cost to sales ratio just 6%)

95% of prodcution was exported in 2013 - low tax rate


may benefit much from depreciation rupee.
average eps last three years  = 25

payout ratio around 30%

Total debt to equity is a very manageable 48%

at closing they had about 3 months stock of raw materials.

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Offline 007

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Re: NAGC -- Nagina Cotton Mills Limited
« Reply #3 on: October 06, 2013, 07:25:52 PM »
not bad

Offline SBM

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Re: NAGC -- Nagina Cotton Mills Limited
« Reply #4 on: October 07, 2013, 01:24:03 AM »
not bad

i have it from spot last year at 35ish

i bought too little.  :(
agar 70 say neechay agiya tu bohat ala hai (under current yarn market dynamics)
may add more below 70.
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Re: NAGC -- Nagina Cotton Mills Limited
« Reply #5 on: October 10, 2013, 04:21:34 PM »
under current market conditions, nagc can comfortable earn 24+ and payout 7+ in fy14

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Offline SBM

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Re: NAGC -- Nagina Cotton Mills Limited
« Reply #6 on: October 31, 2013, 07:16:07 PM »
Sept 2013 accounts

Future Prospects and Outlook
We are hopeful to maintain profitability during the rest of the year. However,
increasing energy prices are the matter of concern. Our ability to repeat the
st performance of 1 quarter is dependent on uninterrupted supply of energy,
continued strong demand and stability in prices in both local and international
markets, stable law and order situation and economic policies of the government.
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Offline SBM

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Re: NAGC -- Nagina Cotton Mills Limited
« Reply #7 on: November 01, 2013, 11:25:56 AM »
Sept 2013 accounts

Future Prospects and Outlook
We are hopeful to maintain profitability during the rest of the year. However,
increasing energy prices are the matter of concern. Our ability to repeat the
st performance of 1 quarter is dependent on uninterrupted supply of energy,
continued strong demand and stability in prices in both local and international
markets, stable law and order situation and economic policies of the government.

benefits of having factory in sindh
fuel cost just 5.9% of sales
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Offline twahidi

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Re: NAGC -- Nagina Cotton Mills Limited
« Reply #8 on: December 14, 2013, 01:52:57 AM »
This is the only one, or may be rare Textile, which closed in red today. Any reasons, Seniors?

Offline SBM

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Re: NAGC -- Nagina Cotton Mills Limited
« Reply #9 on: December 14, 2013, 12:29:48 PM »
This is the only one, or may be rare Textile, which closed in red today. Any reasons, Seniors?

hold it.
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Offline Atif1

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Re: NAGC -- Nagina Cotton Mills Limited
« Reply #10 on: December 14, 2013, 05:21:37 PM »
Dear SBM, kindly advise at current rate is it ok to buy?(around 73) or wait for mkt correction i.e wait for 70 or below
« Last Edit: December 14, 2013, 05:23:52 PM by Atif1 »
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Offline SBM

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Re: NAGC -- Nagina Cotton Mills Limited
« Reply #11 on: December 14, 2013, 11:29:05 PM »
Dear SBM, kindly advise at current rate is it ok to buy?(around 73) or wait for mkt correction i.e wait for 70 or below

its good share at these prices..

under current market conditions, nagc can comfortable earn 24+ and payout 7+ in fy14


bohat neechay nahi janay isnay ... max mid sixties
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Offline RSI Fan

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Re: NAGC -- Nagina Cotton Mills Limited
« Reply #12 on: December 15, 2013, 07:50:40 AM »
Dear SBM, kindly advise at current rate is it ok to buy?(around 73) or wait for mkt correction i.e wait for 70 or below

its good share at these prices..

under current market conditions, nagc can comfortable earn 24+ and payout 7+ in fy14


bohat neechay nahi janay isnay ... max mid sixties
Ok, so what target price are you looking at? And holding period?

Offline aalam

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Re: NAGC -- Nagina Cotton Mills Limited
« Reply #13 on: December 15, 2013, 10:41:35 AM »
90 say aya hua hay 72............in my view 120.........med term :fingerscrossed1:
short list:ATRL,Engro,Efoods,DGKC

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Re: NAGC -- Nagina Cotton Mills Limited
« Reply #14 on: December 15, 2013, 03:43:45 PM »
Good EPS growth in last  few years
Good payout record
Last div100%
So It shud trade above 100

http://www.scstrade.com/MarketStatistics/MS_Announcements.aspx?id=1583
Top Picks. EFOODS,PPL,SHEL,FFC,PNSC,JSCL,BIPL.FFBL,IGIIL!CSAP

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Re: NAGC -- Nagina Cotton Mills Limited
« Reply #15 on: December 16, 2013, 12:28:43 AM »
Dear SBM, kindly advise at current rate is it ok to buy?(around 73) or wait for mkt correction i.e wait for 70 or below

its good share at these prices..

under current market conditions, nagc can comfortable earn 24+ and payout 7+ in fy14


bohat neechay nahi janay isnay ... max mid sixties
Ok, so what target price are you looking at? And holding period?

i am holding it till it cross 125 or outlook deteriorates..
till then its not too bad a stock to hold considering its payout

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Offline Salammembers

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Re: NAGC -- Nagina Cotton Mills Limited
« Reply #16 on: December 28, 2013, 05:13:42 AM »
Dear SBM, kindly advise at current rate is it ok to buy?(around 73) or wait for mkt correction i.e wait for 70 or below

its good share at these prices..

under current market conditions, nagc can comfortable earn 24+ and payout 7+ in fy14


bohat neechay nahi janay isnay ... max mid sixties
Ok, so what target price are you looking at? And holding period?

i am holding it till it cross 125 or outlook deteriorates..
till then its not too bad a stock to hold considering its payout

still trying to understand why majority still prefer anl to nagc/prwm/elsm :dunno:

Offline aalam

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Re: NAGC -- Nagina Cotton Mills Limited
« Reply #17 on: December 28, 2013, 10:01:59 AM »
sattay ka chaska.............. :good
short list:ATRL,Engro,Efoods,DGKC

Offline SBM

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Re: NAGC -- Nagina Cotton Mills Limited
« Reply #18 on: February 25, 2014, 01:26:44 PM »


 :biggthumpup:
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