Author Topic: PCAL -- Pakistan Cables Ltd  (Read 13080 times)

0 Members and 1 Guest are viewing this topic.

Toshi

  • Guest
PCAL -- Pakistan Cables Ltd
« Reply #-1 on: October 10, 2008, 03:24:40 PM »
All About Pakistan Cables Ltd.
« Last Edit: March 20, 2012, 01:27:22 PM by M&M »

Pakinvestorsguide

PCAL -- Pakistan Cables Ltd
« Reply #-1 on: October 10, 2008, 03:24:40 PM »

Offline Papa Jee

  • Play Safe.
  • Junior Member
  • **
  • Posts: 182
  • Thanks Received: 1
    • View Profile
Re: PCAL -- Pakistan Cables Ltd
« on: September 26, 2009, 02:12:47 PM »
i think pcal wil make agood rally from here,one should buy but not more than 1000 as it is low volume item.

Offline Farzooq

  • Administrator
  • Senior Member
  • *****
  • Posts: 20133
  • Thanks Received: 196
    • View Profile
Re: PCAL -- Pakistan Cables Ltd
« Reply #1 on: March 20, 2012, 11:52:04 AM »
Pakistan Cables: Most leveraged to mega construction projects
Pakistan Cables is the oldest and the only listed manufacturer of cables in Pakistan. The
company manufactures a wide range of general and specialized wires for customers ranging
from house owners to electric utilities. In 2010, the company set up a new plant to
manufacture cables for the automobile industry. In the same year, General Cable
Corporation bought a 25% stake in the company for US$7mn (US$1 per share). The
proceeds from the equity issue were used to reduce company’s long term debt, which will
reduce recurring financial costs by PKR 2.6/share.

Sales for the company are linked with the overall economic activity and have rebounded in
the last eighteen months due to commencement of sales to the automobile sector and
higher demand from the ‘house wiring’ sector. During the six months ending December
2011, company sales were up 71% while its normalized profits doubled. Although, the
margins for the company continue to be low due to tough economic conditions, high raw
material prices and high advertising expenditures; revenue and earnings growth is expected
to continue due to uptick in construction activity. While the company is currently trading at
a fair multiple of 7.5x its adjusted FY12E earnings of PKR 5.1/share, we believe increase in
demand from the organized sector (new factories, malls, mega construction projects) and
higher developmental spending can lift its FY13E earnings. Also, given a small capital base of
28mn shares, marginal change in demand can translate into significant earnings upside.
PCAL FY07 FY08 FY09 FY10 FY11
EPS 6.83 2.30 2.25 1.60 3.01
DPS 1.93 0.00 1.70 1.13 2.00
PER 5.8 17.2 17.6 24.7 13.1
Dividend Yield 5% 0% 4% 3% 5%
ROE 32% 10% 9% 6% 6%
ROA 7% 2% 2% 1% 2%
Source: Elixir Research, Company Accounts
1Yr – Relative Performance
Source: Elixir Research
TOP PICKS
Engro fatima ogdc pol pso dgkc mlcf kapco npl ubl atrl nml efoods aicl hcar searl

Offline Salammembers

  • Senior Member
  • *****
  • Posts: 5859
  • Thanks Received: 26
    • View Profile
Re: PCAL -- Pakistan Cables Ltd
« Reply #2 on: March 31, 2013, 07:02:00 PM »
Around 40 tu more buy karna hee haay but kia 44 paar thora buy kis ja sakta haay?

Offline SBM

  • Master Troll
  • Administrator
  • Senior Member
  • *****
  • Posts: 11083
  • Thanks Received: 100
  • Ouulman :)
    • View Profile
Re: PCAL -- Pakistan Cables Ltd
« Reply #3 on: August 02, 2013, 12:21:36 PM »
Pakistan Cables: Most leveraged to mega construction projects
Pakistan Cables is the oldest and the only listed manufacturer of cables in Pakistan. The
company manufactures a wide range of general and specialized wires for customers ranging
from house owners to electric utilities. In 2010, the company set up a new plant to
manufacture cables for the automobile industry. In the same year, General Cable
Corporation bought a 25% stake in the company for US$7mn (US$1 per share). The
proceeds from the equity issue were used to reduce company’s long term debt, which will
reduce recurring financial costs by PKR 2.6/share.

Sales for the company are linked with the overall economic activity and have rebounded in
the last eighteen months due to commencement of sales to the automobile sector and
higher demand from the ‘house wiring’ sector. During the six months ending December
2011, company sales were up 71% while its normalized profits doubled. Although, the
margins for the company continue to be low due to tough economic conditions, high raw
material prices and high advertising expenditures; revenue and earnings growth is expected
to continue due to uptick in construction activity. While the company is currently trading at
a fair multiple of 7.5x its adjusted FY12E earnings of PKR 5.1/share, we believe increase in
demand from the organized sector (new factories, malls, mega construction projects) and
higher developmental spending can lift its FY13E earnings. Also, given a small capital base of
28mn shares, marginal change in demand can translate into significant earnings upside.
PCAL FY07 FY08 FY09 FY10 FY11
EPS 6.83 2.30 2.25 1.60 3.01
DPS 1.93 0.00 1.70 1.13 2.00
PER 5.8 17.2 17.6 24.7 13.1
Dividend Yield 5% 0% 4% 3% 5%
ROE 32% 10% 9% 6% 6%
ROA 7% 2% 2% 1% 2%
Source: Elixir Research, Company Accounts
1Yr – Relative Performance
Source: Elixir Research

lets see ....

http://www.pakistancables.com/investorsfigures.html
I hate waking up.

Offline SBM

  • Master Troll
  • Administrator
  • Senior Member
  • *****
  • Posts: 11083
  • Thanks Received: 100
  • Ouulman :)
    • View Profile
Re: PCAL -- Pakistan Cables Ltd
« Reply #4 on: August 06, 2013, 06:52:31 PM »
http://www.kse.com.pk/notices-updates/detail2.php?0.9355717243161052&id=4&nid=045602

Eps 6.22 v 4.92
dps 4

nice result.
Hope to have this share at some lower price.
I hate waking up.

Offline Salammembers

  • Senior Member
  • *****
  • Posts: 5859
  • Thanks Received: 26
    • View Profile
Re: PCAL -- Pakistan Cables Ltd
« Reply #5 on: August 30, 2013, 12:08:08 PM »
if u invest and happy to hold pcal for 12-24 months tu bhaar looo at current rate,
i still got below 50 maal which i bought abought 18 months ago
minimum tgt is 100 (it traded above 80 after the recent result)
only minus is low turnover
choice is indeed yours salam

Offline SBM

  • Master Troll
  • Administrator
  • Senior Member
  • *****
  • Posts: 11083
  • Thanks Received: 100
  • Ouulman :)
    • View Profile
Re: PCAL -- Pakistan Cables Ltd
« Reply #6 on: August 30, 2013, 12:10:43 PM »
if u invest and happy to hold pcal for 12-24 months tu bhaar looo at current rate,
i still got below 50 maal which i bought abought 18 months ago
minimum tgt is 100 (it traded above 80 after the recent result)
only minus is low turnover
choice is indeed yours salam

thanks .
I hate waking up.

Offline SBM

  • Master Troll
  • Administrator
  • Senior Member
  • *****
  • Posts: 11083
  • Thanks Received: 100
  • Ouulman :)
    • View Profile
Re: PCAL -- Pakistan Cables Ltd
« Reply #7 on: September 16, 2013, 02:52:30 AM »
http://www.pakistancables.com/investor/reports/annual/2013%20Annual%20Report.pdf

mandi mein dekhtain hain yeh neechay milta hai ya nahi.

sorry salam bhai, but i hope it gets dumped takay hamein neechay milay  :tongue:
I hate waking up.

Offline SBM

  • Master Troll
  • Administrator
  • Senior Member
  • *****
  • Posts: 11083
  • Thanks Received: 100
  • Ouulman :)
    • View Profile
Re: PCAL -- Pakistan Cables Ltd
« Reply #8 on: September 16, 2013, 03:13:11 AM »
below 50 awesome hoga
I hate waking up.

Offline SBM

  • Master Troll
  • Administrator
  • Senior Member
  • *****
  • Posts: 11083
  • Thanks Received: 100
  • Ouulman :)
    • View Profile
Re: PCAL -- Pakistan Cables Ltd
« Reply #9 on: September 20, 2013, 09:24:24 AM »
if u invest and happy to hold pcal for 12-24 months tu bhaar looo at current rate,
i still got below 50 maal which i bought abought 18 months ago
minimum tgt is 100 (it traded above 80 after the recent result)
only minus is low turnover
choice is indeed yours salam

yar lagta hai sara maal apleygay :(

cap o cap chal raha hai yeh tu

hamein kuch mila nahi neechay keh intezaar mein
I hate waking up.

Offline Salammembers

  • Senior Member
  • *****
  • Posts: 5859
  • Thanks Received: 26
    • View Profile
Re: PCAL -- Pakistan Cables Ltd
« Reply #10 on: September 20, 2013, 09:29:24 PM »
apna maal tu locker maay 3 yes saay para haay,
bought when mngt was buying shares at Rs 55 from junta
and gora bought pcal share at rate of $ 1.00 /share,at that time $
conversion rate was in 80`s
happy to hold for another 2-3 years b/c triple shah saay milnaay ki
umeed haay

Offline Salammembers

  • Senior Member
  • *****
  • Posts: 5859
  • Thanks Received: 26
    • View Profile
Re: PCAL -- Pakistan Cables Ltd
« Reply #11 on: November 16, 2013, 09:51:28 PM »
good buy below 70 agar millay tu pakkar loo for 2 yrs investment,
better than ksbp though bit expensive but worth it :rtfm:

Offline Arsalan

  • Junior Member
  • **
  • Posts: 129
  • Thanks Received: 0
    • View Profile
Re: PCAL -- Pakistan Cables Ltd
« Reply #12 on: May 20, 2014, 01:22:10 AM »
tempted to buy this  :s1:

Offline Salammembers

  • Senior Member
  • *****
  • Posts: 5859
  • Thanks Received: 26
    • View Profile
Re: PCAL -- Pakistan Cables Ltd
« Reply #13 on: September 16, 2014, 01:20:06 AM »
tempted to buy this  :s1:
Director bought good quantity below 90,
hope u followed them :tongue:
but without B upside will b limited

Offline Arsalan

  • Junior Member
  • **
  • Posts: 129
  • Thanks Received: 0
    • View Profile
Re: PCAL -- Pakistan Cables Ltd
« Reply #14 on: September 16, 2014, 02:58:54 AM »
tempted to buy this  :s1:
Director bought good quantity below 90,
hope u followed them :tongue:
but without B upside will b limited

That was during may when it went up from 84 to 105, i missed that rally. This time i will want to buy it near 84 because it has a strong support there.yeah it did broke the resistance of 91, lets see if it holds on to that or moves back to 86 and then 84 :)

Offline Salammembers

  • Senior Member
  • *****
  • Posts: 5859
  • Thanks Received: 26
    • View Profile
Re: PCAL -- Pakistan Cables Ltd
« Reply #15 on: October 11, 2014, 12:13:40 PM »
tempted to buy this  :s1:
Director bought good quantity below 90,
hope u followed them :tongue:
but without B upside will b limited

45% cash div free dikhta haay,
Next tgt 150 and then 200 with B resumption

Offline dr.muhammad zia

  • Active Member
  • ***
  • Posts: 751
  • Thanks Received: 0
    • View Profile
Re: PCAL -- Pakistan Cables Ltd
« Reply #16 on: October 11, 2014, 12:41:04 PM »
EXcellent analaysis salam bhai ....
I'm friends with the monster that's under my bed
Get along with the voices inside of my head
You're trying to save me, stop holding your breath
And you think I'm crazy, yeah, you think I'm crazy,WELL THATS NOT FAIR

Offline genious.genio

  • Junior Member
  • **
  • Posts: 457
  • Thanks Received: 0
    • View Profile
Re: PCAL -- Pakistan Cables Ltd
« Reply #17 on: October 11, 2014, 03:40:20 PM »
tempted to buy this  :s1:
Director bought good quantity below 90,
hope u followed them :tongue:
but without B upside will b limited

45% cash div free dikhta haay,
Next tgt 150 and then 200 with B resumption

VRY LOW VOLUMES.. ISN'T IT RISKY??

150 KA TARGT KAB TK EXPCTD HA?

Offline Salammembers

  • Senior Member
  • *****
  • Posts: 5859
  • Thanks Received: 26
    • View Profile
Re: PCAL -- Pakistan Cables Ltd
« Reply #18 on: October 11, 2014, 04:05:02 PM »
tempted to buy this  :s1:
Director bought good quantity below 90,
hope u followed them :tongue:
but without B upside will b limited
invest for 12 months
45% cash div free dikhta haay,
Next tgt 150 and then 200 with B resumption

VRY LOW VOLUMES.. ISN'T IT RISKY??

150 KA TARGT KAB TK EXPCTD HA?

Tags: pakistan cables