Author Topic: GRAYS -- Grays of Cambridge (PAK) LIMITED.  (Read 4328 times)

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Offline MZ

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GRAYS -- Grays of Cambridge (PAK) LIMITED.
« Reply #-1 on: March 01, 2014, 02:55:34 PM »
All about Grays of Cambridge (PAK) LIMITED.

http://www.grayspak.com
« Last Edit: March 01, 2014, 10:37:14 PM by M&M »

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GRAYS -- Grays of Cambridge (PAK) LIMITED.
« Reply #-1 on: March 01, 2014, 02:55:34 PM »

Offline MZ

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Re: GRAYS -- Grays of Cambridge (PAK) LIMITED.
« on: March 01, 2014, 02:58:12 PM »
Grays of Cambridge doing wonders!

The fortune lady seems to be smiling widely at Grays of Cambridge. Latest financial results show that a bolstered product demand has lifted the company out of its woes.

On a quarter-on-quarter basis, a widened top line steered the net profitability to surge by more than 300 percent to stand at Rs2.6 million in the quarter ended December 2013. Increased export demand for hockey sticks and cricket balls from countries including Australia, UK, USA and Sri Lanka remained the prime mover of revenue during the period.

During 1H FY14, sales revenue climbed to Rs110 million (up by 54 percent), while the cost-to-sales ratio dived downwards to 73 percent from 78 percent in the corresponding period last year. This improvement implies that management had kept a tight rein on input costs during the period. Also, the check on input costs paid off as gross margin increased to 27 percent, an improvement from a level of 22 percent previous year.

The top line gains have been realized thanks to a 64 percent hike in distribution costs during the half-yearly period.

Although the first quarter settled on a dull note, healthy profitability in the second quarter sugarcoated the bottom line for first half. This was able to post a net profit of Rs3.2 million in 1H FY14, a notable improvement from a loss of Rs4.3 million in 1H FY13. With demand for cricket balls and hockey sticks beefing up, especially in the international markets, Grays of Cambridge looks set to capitalize on that in the future. However, it should be kept in mind that failure to control input costs can leave the company’s profitability defenseless going forward.

==========================================================================
GRAYS OF CAMBRIDGE - FINANCIAL HIGHLIGHTS
==========================================================================
Rs (thousand)                         1HFY14   YoY chg    2QFY14   YoY chg
==========================================================================
Sales                                      110,066       54%    62,960       31%
Cost of sales                           (80,850)      46%   (46,533)      24%
Gross profit                             29,216         82%    16,427       55%
Distribution cost                      (13,870)      64%    (7,913)      42%
Administrative expenses         (9,829)     -11%    (4,804)      -1%
Other expenses                       (1,291)     55%      (407)     -33%
Other income                             302        - 75%       169      -49%
Profit/(loss) from operations      4,528                   3,472
Finance cost                              (255)      -7%      (129)     -17%
Share of profit/(loss) of associate     156      -65%       (52)
Profit/(loss) before taxation             4,429               3,291     1825%
Taxation                                     (1,158)     -19%      (669)      -1%
Profit/(loss) after taxation           3,271               2,622
EPS (Rs)                                          0.44                0.36
--------------------------------------------------------------------------
Source: KSE notice
==========================================================================

Offline Salammembers

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Re: GRAYS -- Grays of Cambridge (PAK) LIMITED.
« Reply #1 on: March 01, 2014, 06:38:14 PM »
All about Grays of Cambridge (PAK) LIMITED.

http://www.grayspak.com

MZ,
this scrip has become another satta item , if possible pl avoid noticing such items,
aik hype quice ki below 8 b create ki gaayaee and now no body mentions 50  :rtfm:
though TP of 8 ka zikar zaroor hota haay :o

Offline MZ

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Re: GRAYS -- Grays of Cambridge (PAK) LIMITED.
« Reply #2 on: March 01, 2014, 07:50:36 PM »
All about Grays of Cambridge (PAK) LIMITED.

http://www.grayspak.com

MZ,
this scrip has become another satta item , if possible pl avoid noticing such items,
aik hype quice ki below 8 b create ki gaayaee and now no body mentions 50  :rtfm:
though TP of 8 ka zikar zaroor hota haay :o

 :thanks:

Online umair vohra

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Re: GRAYS -- Grays of Cambridge (PAK) LIMITED.
« Reply #3 on: May 23, 2014, 08:11:27 PM »
Sbm foot ball khalyga bahi is ko kesy bhool gaya per i need balaces sheet yaar Laooo fifa world cup ka orders game on hai

Online umair vohra

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Re: GRAYS -- Grays of Cambridge (PAK) LIMITED.
« Reply #4 on: May 23, 2014, 08:16:53 PM »
Mz bahi i need your recommendation as well if you have any financial statement pls share link

Offline MZ

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Re: GRAYS -- Grays of Cambridge (PAK) LIMITED.
« Reply #5 on: May 23, 2014, 08:52:24 PM »
Sbm foot ball khalyga bahi is ko kesy bhool gaya per i need balaces sheet yaar Laooo fifa world cup ka orders game on hai

http://www.brandsynario.com/news/sialkot-saves-the-day-for-fifa-world-cup-2014-official-football

But grays only manufacture cricket and hocky balls.

Offline MZ

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Re: GRAYS -- Grays of Cambridge (PAK) LIMITED.
« Reply #6 on: May 23, 2014, 08:55:18 PM »
Mz bahi i need your recommendation as well if you have any financial statement pls share link

no link is available for their financial statment but you may contact them at info@grayspak.com

Online umair vohra

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Re: GRAYS -- Grays of Cambridge (PAK) LIMITED.
« Reply #7 on: May 23, 2014, 09:19:00 PM »
Khawaja Akhtar, a Pakistani factory owner from Sialkot is all set to manufacture the footballs for FIFA World Cup 2014.

Khawaja family's business grays of camb

Offline Salammembers

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Re: GRAYS -- Grays of Cambridge (PAK) LIMITED.
« Reply #8 on: July 29, 2015, 10:49:53 PM »
Khawaja Akhtar, a Pakistani factory owner from Sialkot is all set to manufacture the footballs for FIFA World Cup 2014.

Khawaja family's business grays of camb

buy on weakness thora thora for 12 months investment :rtfm: :rtfm:

Offline doodwalla

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Re: GRAYS -- Grays of Cambridge (PAK) LIMITED.
« Reply #9 on: July 30, 2015, 01:02:48 AM »
any particular reason

i am holding a small amount since last year. had bought it before the hockey world cup
around 63 ish

was thinking of switching it with something else now .

should i stay put then ?

thanks

Offline Salammembers

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Re: GRAYS -- Grays of Cambridge (PAK) LIMITED.
« Reply #10 on: July 30, 2015, 01:49:41 AM »
any particular reason

i am holding a small amount since last year. had bought it before the hockey world cup
around 63 ish

was thinking of switching it with something else now .

should i stay put then ?

thanks
just forget about it for another year though u r in Green :fingerscrossed1:
i will buy few more below 60 if that happens to lower buying average
, i think new mngt ki waja saay sentiment change huwa haay
but pl do follow quarterly reports religiously and act if figures r bad

Offline kahaf

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Re: GRAYS -- Grays of Cambridge (PAK) LIMITED.
« Reply #11 on: August 23, 2015, 09:47:15 AM »
an offer by Anwar Khawaja Industries (Pvt.) Limited to acquire upto 1,946,718 ordinary shares of "GRAYS" comprising 26.488% at an offer price of Rs. 55.00 per share. good sign for company future and its shares holders . this is an other noon pakistan

Offline Salammembers

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Re: GRAYS -- Grays of Cambridge (PAK) LIMITED.
« Reply #12 on: October 03, 2015, 02:50:17 PM »
Khawaja Akhtar, a Pakistani factory owner from Sialkot is all set to manufacture the footballs for FIFA World Cup 2014.

Khawaja family's business grays of camb

buy on weakness thora thora for 12 months investment :rtfm: :rtfm:
Result is impressive with unexpected payout, 100 waqt saay pehlaay possible :fingerscrossed1:

Offline Shami786

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Re: GRAYS -- Grays of Cambridge (PAK) LIMITED.
« Reply #13 on: October 03, 2015, 07:24:42 PM »
Result kab aya? Can you please share results link here if it happened

Offline Salammembers

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Re: GRAYS -- Grays of Cambridge (PAK) LIMITED.
« Reply #14 on: October 03, 2015, 08:27:09 PM »

Offline Shami786

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Re: GRAYS -- Grays of Cambridge (PAK) LIMITED.
« Reply #15 on: October 04, 2015, 01:14:36 AM »
Thanks Salam bhai, wesay kya ye 80 bhy cross ker sakta hai Kya?

Offline Salammembers

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Re: GRAYS -- Grays of Cambridge (PAK) LIMITED.
« Reply #16 on: October 04, 2015, 01:52:27 AM »
Thanks Salam bhai, wesay kya ye 80 bhy cross ker sakta hai Kya?
aab yeh safe may rakhnaay wala scrip haay,
rakh kaar bhooooooooooooooool jaooooo :rtfm:

Online alicima

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Re: GRAYS -- Grays of Cambridge (PAK) LIMITED.
« Reply #17 on: April 26, 2016, 05:43:29 PM »

Offline aaghumro

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Re: GRAYS -- Grays of Cambridge (PAK) LIMITED.
« Reply #18 on: December 06, 2016, 09:48:15 AM »
heard abt this scrip that something gonna happen very soon? any idea seniors  :skeptic:

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