NCL -- Nishat (Chunian) Limited.

[Investonly]

kisi ka dividend missing hai abhi tak NCL ka ? Mere bank mai credit nai hua abi tak

[stuka]

kisi ka dividend missing hai abhi tak NCL ka ? Mere bank mai credit nai hua abi tak

Received in bank

[Farooq Qadir]

NCL ka further downside kitna lagta hai ? 

[ajeebkhan]

NCL ka further downside kitna lagta hai ? 

Below link parh Kar khud hee andaza Kar lain k downside 15 hogi ya phir 10 ??
https://tribune.com.pk/story/2022971/2-debt-commission-also-probe-tax-concessions/?amp=1

[alishahid84]

NCL ka further downside kitna lagta hai ? 

Below link parh Kar khud hee andaza Kar lain k downside 15 hogi ya phir 10 ??
https://tribune.com.pk/story/2022971/2-debt-commission-also-probe-tax-concessions/?amp=1

NML ka max downside kia hai? 

[Farooq Qadir]

In this recent market condition , NCL seems attractive .

[HellBorne]

Filhal lowest levels meray hisab se (based on macros/sectors outlook):

NML 65.3 > 63.0 (current 67.6)
NCPL 14.0 > 13.0 (current 14.5) > factors to watch 'financial charges' magar in ke margins achay hein tu easily absorb kar lengay.

Aur tu factors nazar me nahi jo is level se neechay dhakka laga dein (haan agar khan sb ek do unwritten speeches kar deint tu woh alag mamla he).

[Farooq Qadir]

In this recent market condition , NCL seems attractive .

 

[zelmc]

Don't think many people will sell at 32 in response to the buy back offer after 2 months at a time when BOD meeting for annual result will be due with a good dividend expectations. If market stabilizes its share price would be more than 32 at that time. Any views?

[salmankaramat]

Chor group lollypop day kay awam ko maal tika day ga higher rates par aur baad main offer withdraw bhi kar sakta hai. 58 par director awam ko duakhanay kay liye heavy buying karta the aur doosray terminal say us say zyada selling karta tha, nateeja aaj 30 say bhi neechay hai. NCPL's agreement is due to expire soon and heard that it may not be renewed. Donot fall in trap.

[zelmc]

Chor group lollypop day kay awam ko maal tika day ga higher rates par aur baad main offer withdraw bhi kar sakta hai. 58 par director awam ko duakhanay kay liye heavy buying karta the aur doosray terminal say us say zyada selling karta tha, nateeja aaj 30 say bhi neechay hai. NCPL's agreement is due to expire soon and heard that it may not be renewed. Donot fall in trap.

PPA will expire in 2032.

[Muhammad Hamza Rizwan]

Chor group lollypop day kay awam ko maal tika day ga higher rates par aur baad main offer withdraw bhi kar sakta hai. 58 par director awam ko duakhanay kay liye heavy buying karta the aur doosray terminal say us say zyada selling karta tha, nateeja aaj 30 say bhi neechay hai. NCPL's agreement is due to expire soon and heard that it may not be renewed. Donot fall in trap.

Please verify before posting anything and refrain from spreading unnecessary panic among members. NCPL's PPA term is 25 years and starts from 2007 i think. Thanks.

[salmankaramat]

Government is moving away from furnace oil based power plants and will only allow plants which convert to RLNG which requires a lot of investment, inefficient and expensive FO based plants will only be made capacity payments. KAPCO, Lalpir, NCPL and NPL are under threat. You will not listen it because they donot want you to listen it.

[Farooq Qadir]

Government is moving away from furnace oil based power plants and will only allow plants which convert to RLNG which requires a lot of investment, inefficient and expensive FO based plants will only be made capacity payments. KAPCO, Lalpir, NCPL and NPL are under threat. You will not listen it because they donot want you to listen it.

Salman Sb, would really appreciate if you could comment on below last 4 yrs results of NCL   in contrast of present rate of Rs 27.41

 

Year                                 Stand Alone EPS ( Unconsolidated)                           Dividend
                                         i.e w/o taking its power business

19(nine months)                    Rs 10.16                                                                Rs 1.5 Interim
18                                         Rs   9.84                                                               Rs 4
17                                         Rs 6.75                                                                Rs 2.75
16                                         Rs  5.59                                                                Rs 2.5

[Muhammad Hamza Rizwan]

Government is moving away from furnace oil based power plants and will only allow plants which convert to RLNG which requires a lot of investment, inefficient and expensive FO based plants will only be made capacity payments. KAPCO, Lalpir, NCPL and NPL are under threat. You will not listen it because they donot want you to listen it.

Capacity payments already include ROE of 15% which is directly linked with USDPKR exchange rate and CPI inflation. So no need to worry.

[Farooq Qadir]

Government is moving away from furnace oil based power plants and will only allow plants which convert to RLNG which requires a lot of investment, inefficient and expensive FO based plants will only be made capacity payments. KAPCO, Lalpir, NCPL and NPL are under threat. You will not listen it because they donot want you to listen it.

Salman Sb, would really appreciate if you could comment on below last 4 yrs results of NCL   in contrast of present rate of Rs 27.41

 

Year                                 Stand Alone EPS ( Unconsolidated)                           Dividend
                                         i.e w/o taking its power business

19(nine months)                    Rs 10.16                                                                Rs 1.5 Interim
18                                         Rs   9.84                                                               Rs 4
17                                         Rs 6.75                                                                Rs 2.75
16                                         Rs  5.59                                                                Rs 2.5

 

[Farooq Qadir]

Buy back purchase price has been increased from PKR 32 to PKR 34 . Laooo cappppppp

[Farooq Qadir]

Government is moving away from furnace oil based power plants and will only allow plants which convert to RLNG which requires a lot of investment, inefficient and expensive FO based plants will only be made capacity payments. KAPCO, Lalpir, NCPL and NPL are under threat. You will not listen it because they donot want you to listen it.

Previewing FY19F results for NCL, we expect the company to report NPAT of PkR3,169mn (EPS: PkR13.19) vs. PkR2,363mn (EPS: PkR9.84), up 34%YoY. The bottomline growth is primarily driven by one-off exchange gains following bouts of currency devaluation, pushing other income up 94%YoY. Core earnings however are expected to decline by 7%YoY, where higher financing cost (+60%YoY) offsets the impact of topline growth (+12%YoY) and margin improvement at gross level (+84bpsYoY). In 4QFY19, we expect the company to record NPAT of PkR728mn (EPS: PkR3.03), down 37%YoY. The decline is primarily due to core earnings, which are hit by cycle normalization (4.38ppts margin contraction as a result of narrowing cotton-yarn spreads) and higher financing cost (+85%YoY). Non-core earnings however are likely to go up 55%YoY as a result of higher payouts from power subsidiary. Sequentially, 4QFY19F earnings are expected to remain 72%QoQ higher, where materialization of dividend income from power subsidiary in the last quarter is key contributor. Accompanying results, NCL is expected to announce a final cash dividend of PKR3/sh, taking full year payout to PkR4.5/sh

 

[Farooq Qadir]

Touching 36 

[Farooq Qadir]

AKD Daily

 NCL: 1QFY20 Result Previews

NCL – All good things come to an end: Previewing 1QFY20F results for NCL, we expect the company to report NPAT of PkR58mn (EPS: PkR0.24) vs. PkR852mn (EPS: PkR3.55) in 1QFY19, down 93%YoY. Numerous factors are at play contributing to earnings plunge: i) margin contraction (-5.83ppts.YoY) due to cyclical headwinds in the lower end of value chain, ii) elevated finance cost (62%YoY) due to interest rate hikes, and iii) absence of FX gains (vs. PkR188mn last year). Sequentially, headline earnings are likely to come off by 92%QoQ, where earnings decline is primarily due to absence of i) dividend income from power subsidiary (vs. PkR376mn last quarter) and ii) one-off FX gain recorded in the last quarter. Moreover, since the Rupee has gained ~2% against the US$, we might potentially see a reversal of some of the exchange gains recorded in the last quarter, thus rupee appreciation poses a downside risk to our quarterly earnings forecast.