Author Topic: AGIL -- Agriautos Industries Ltd  (Read 37270 times)

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Offline Alpha

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Re: AGIL -- Agriautos Industries Ltd
« Reply #139 on: August 31, 2017, 01:16:57 AM »
They haven't mentioned anything negetive in 4th quarter,how should we take it?

http://www.agriauto.com.pk/pdf/jun-17/jun17-directors-report.pdf

Stock in trade in consol accounts almost 50 million more than prev quarters

210m income tax paid in this quarter only
Sbm what do you think

Talking about cash flow statement

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Re: AGIL -- Agriautos Industries Ltd
« Reply #139 on: August 31, 2017, 01:16:57 AM »

Offline SBM

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Re: AGIL -- Agriautos Industries Ltd
« Reply #140 on: August 31, 2017, 09:28:42 PM »
The development of power window
 regulator and the catalytic convertor
 projects which were initiated last year have
 been successfully completed and the
 production & supply commenced from July
 2017.
The company has recently received RFQ’s
 (request for quotation) from its valued
 customers for development of suspension
 and other parts for their upcoming new car
 models. We are in the phase of discussing
 with our technical partners for the
 development of these parts.

Bright future ... let me get back to you on the tax scene in a bit
I hate waking up.

Offline SBM

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Re: AGIL -- Agriautos Industries Ltd
« Reply #141 on: September 01, 2017, 12:04:26 AM »
They haven't mentioned anything negetive in 4th quarter,how should we take it?

http://www.agriauto.com.pk/pdf/jun-17/jun17-directors-report.pdf

Stock in trade in consol accounts almost 50 million more than prev quarters

210m income tax paid in this quarter only
Sbm what do you think

Talking about cash flow statement


I dont think that is very relevant to the poor q4
They have prepaid some income tax, and shown the excess tax paid as an asset on the balance sheet. No effect on the income statement
If you compare 9m and fy, you will notice the main issue is in lower sales & higher direct costs
at a standalone basis they sold 1596 million in q3 but only 1285 million in q4 (down 19.4%), while margins are down from 21.05% in q3 to 14.9% in q4

Seems higher steel costs and lower sales hurt the company badly
Dunno why the sales are lower though

stamping company seems ok btw .. 1111 million sales in 9m v 1458 in 12 months
 for reference
https://www.psx.com.pk/newsattachment/098075.pdf
http://www.agriauto.com.pk/pdf/jun-17/jun17-acc-seperate.pdf
« Last Edit: September 01, 2017, 12:08:29 AM by SBM »
I hate waking up.

Offline Alpha

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Re: AGIL -- Agriautos Industries Ltd
« Reply #142 on: September 01, 2017, 12:33:05 AM »
They haven't mentioned anything negetive in 4th quarter,how should we take it?

http://www.agriauto.com.pk/pdf/jun-17/jun17-directors-report.pdf

Stock in trade in consol accounts almost 50 million more than prev quarters

210m income tax paid in this quarter only
Sbm what do you think

Talking about cash flow statement


I dont think that is very relevant to the poor q4
They have prepaid some income tax, and shown the excess tax paid as an asset on the balance sheet. No effect on the income statement
If you compare 9m and fy, you will notice the main issue is in lower sales & higher direct costs
at a standalone basis they sold 1596 million in q3 but only 1285 million in q4 (down 19.4%), while margins are down from 21.05% in q3 to 14.9% in q4

Seems higher steel costs and lower sales hurt the company badly
Dunno why the sales are lower though

stamping company seems ok btw .. 1111 million sales in 9m v 1458 in 12 months
 for reference
https://www.psx.com.pk/newsattachment/098075.pdf
http://www.agriauto.com.pk/pdf/jun-17/jun17-acc-seperate.pdf

Thankful,
For lower sales few things may be 18% lower sales of indus,10-15% lower sales
of psmc,tractors,atlh etc

Lets see the 1q result hopefuly it will give us some idea for the future price range

I think its one of the better bets right now

Offline Koolfire

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Failure Is Only a Temporary Change in Direction To Set You Straight For Your Next Success...Only Those Who Dare To Fail Greatly Can Ever Achieve Greatly...

Offline Koolfire

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Re: AGIL -- Agriautos Industries Ltd
« Reply #144 on: February 21, 2018, 07:39:25 PM »
Failure Is Only a Temporary Change in Direction To Set You Straight For Your Next Success...Only Those Who Dare To Fail Greatly Can Ever Achieve Greatly...

Offline Alpha

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Re: AGIL -- Agriautos Industries Ltd
« Reply #145 on: February 24, 2018, 04:58:17 PM »
Two more presses on the way plus going for new CNC machine
Cap. exp of 376M

http://www.agriauto.com.pk/pdf/dec-17/directors-rep-dec2017.pdf

Offline Alpha

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Re: AGIL -- Agriautos Industries Ltd
« Reply #146 on: February 24, 2018, 05:00:47 PM »
Two more presses on the way plus going for new CNC machine
Cap. exp of 376M

http://www.agriauto.com.pk/pdf/dec-17/directors-rep-dec2017.pdf

But didn't mention anything about suspension parts :(

Offline ZafarAAA

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Re: AGIL -- Agriautos Industries Ltd
« Reply #147 on: July 16, 2018, 11:18:17 AM »
Trading on 52 weeks low.

Offline pisces75

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Re: AGIL -- Agriautos Industries Ltd
« Reply #148 on: July 16, 2018, 11:24:27 AM »
Trading on 52 weeks low.
bhai 52 week low break ho chuka hai jo 270 tha ab new low banay ga

Offline ZafarAAA

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Re: AGIL -- Agriautos Industries Ltd
« Reply #149 on: July 17, 2018, 08:45:50 AM »
Trading on 52 weeks low.
bhai 52 week low break ho chuka hai jo 270 tha ab new low banay ga
Consolidated EPS for 9 months was 26.51 and projected annual consolidated EPS is 35
Even if we assume PE of 8 multiples then its price should be 280 according to the current psx multiples.

Offline Alpha

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Re: AGIL -- Agriautos Industries Ltd
« Reply #150 on: July 17, 2018, 09:42:03 AM »
Trading on 52 weeks low.
bhai 52 week low break ho chuka hai jo 270 tha ab new low banay ga
Consolidated EPS for 9 months was 26.51 and projected annual consolidated EPS is 35
Even if we assume PE of 8 multiples then its price should be 280 according to the current psx multiples.

Round about 33 due to super tax

Offline ZafarAAA

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Re: AGIL -- Agriautos Industries Ltd
« Reply #151 on: July 17, 2018, 10:13:29 AM »
Trading on 52 weeks low.
bhai 52 week low break ho chuka hai jo 270 tha ab new low banay ga
Consolidated EPS for 9 months was 26.51 and projected annual consolidated EPS is 35
Even if we assume PE of 8 multiples then its price should be 280 according to the current psx multiples.
:biggthumpup:

Round about 33 due to super tax

Offline stuka

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Re: AGIL -- Agriautos Industries Ltd
« Reply #152 on: July 17, 2018, 11:00:33 AM »
it is fairly valued at the moment considering future growth and sector dynamics and rupee movement
FASM, EFERT, NCL, DOL, TGL, SEPL

Offline kamranbutt_dada

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Re: AGIL -- Agriautos Industries Ltd
« Reply #153 on: August 06, 2018, 07:03:56 PM »
Buying at current levels plz?

Offline ZafarAAA

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Re: AGIL -- Agriautos Industries Ltd
« Reply #154 on: August 07, 2018, 09:22:49 AM »
Results announced by some companies in auto sector, showing decreased EPS. Reasons are increased cost of imports and rupee devaluation.
Whether how much rupee devaluation can effect AGIL? I think it could increase cost by 15-20%.

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