Author Topic: GADT -- Gadoon Textile Mills Limited  (Read 54757 times)

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Offline Koolfire

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Re: GADT -- Gadoon Textile Mills Limited
« Reply #299 on: October 27, 2017, 09:38:55 PM »

Offline Koolfire

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« Last Edit: November 17, 2017, 09:02:53 PM by Koolfire »
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Offline MZ

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Re: GADT -- Gadoon Textile Mills Limited
« Reply #301 on: December 09, 2017, 08:59:00 PM »
Gadoon Textile Mills Limited (GADT): Annual Report takeaways FY17

Friday, 08 December 2017

By: Aba Ali Habib Securities (Private) Limited
Business Profile: Gadoon Textile Mills Ltd. was established in 1988 as a Public limited company and is listed on PSX. The principal activity of the company is manufacturing and sale of yarn and knitted fabrics. GADT has two manufacturing facilities one is in Gadoon Amazai - KPK and one is in Karachi - Sindh. Y.B Holdings Pvt. Ltd. is the parent company with the shareholding of 69.57%. Currently 28.0mn shares (free float: 8.4mn shares ~ 30%) of the company is outstanding with the market value of PKR 189.9 per share (BVPS: 263.1) trading on a P/E and P/BV multiple of 5.6 and 0.7. The company marked 52 weeks high and low of PKR 323.62 and PKR 182.0.
Financial performance: The earnings of the company clocked in at PKR 28.79 per share as against LPS of PKR 9.77 in SPLY. The increase in earnings could be attributable to increase in other income, share of profits from associates, gross margins, decrease in administrative cost and finance cost. Other income surged substantially by 5.49x YoY (PKR 262mn in FY17 as against PKR 40mn in FY16) as company realized gain of 98mn on short term investments, received rebate on export sales (per share impact of PKR 5.28) amounting PKR 148mn and received dividend income of PKR 2mn from its associate companies; ICI Pakistan and wind power project of Yonus Energy Limited.
Future outlook: The anti dumping duties imposed on import of yarn count above 55.5 in addition to allowing zero rating on local sales will spur the demand in the local market coming forward. The government has also announced relief package for Textile sector. Furthermore, the cut down in the prices of urea will most likely encourage farmers to expand cotton production.

Offline Salammembers

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Re: GADT -- Gadoon Textile Mills Limited
« Reply #302 on: February 25, 2018, 03:51:32 AM »
Gadoon Textile Mills Limited (GADT): Annual Report takeaways FY17

Friday, 08 December 2017

By: Aba Ali Habib Securities (Private) Limited
Business Profile: Gadoon Textile Mills Ltd. was established in 1988 as a Public limited company and is listed on PSX. The principal activity of the company is manufacturing and sale of yarn and knitted fabrics. GADT has two manufacturing facilities one is in Gadoon Amazai - KPK and one is in Karachi - Sindh. Y.B Holdings Pvt. Ltd. is the parent company with the shareholding of 69.57%. Currently 28.0mn shares (free float: 8.4mn shares ~ 30%) of the company is outstanding with the market value of PKR 189.9 per share (BVPS: 263.1) trading on a P/E and P/BV multiple of 5.6 and 0.7. The company marked 52 weeks high and low of PKR 323.62 and PKR 182.0.
Financial performance: The earnings of the company clocked in at PKR 28.79 per share as against LPS of PKR 9.77 in SPLY. The increase in earnings could be attributable to increase in other income, share of profits from associates, gross margins, decrease in administrative cost and finance cost. Other income surged substantially by 5.49x YoY (PKR 262mn in FY17 as against PKR 40mn in FY16) as company realized gain of 98mn on short term investments, received rebate on export sales (per share impact of PKR 5.28) amounting PKR 148mn and received dividend income of PKR 2mn from its associate companies; ICI Pakistan and wind power project of Yonus Energy Limited.
Future outlook: The anti dumping duties imposed on import of yarn count above 55.5 in addition to allowing zero rating on local sales will spur the demand in the local market coming forward. The government has also announced relief package for Textile sector. Furthermore, the cut down in the prices of urea will most likely encourage farmers to expand cotton production.

TA suggest tezi in gadt :skeptic:
any views :thanks:

Offline Oddest

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Re: GADT -- Gadoon Textile Mills Limited
« Reply #303 on: April 27, 2018, 02:51:48 PM »

Offline Salammembers

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Re: GADT -- Gadoon Textile Mills Limited
« Reply #304 on: April 27, 2018, 10:00:35 PM »

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