Author Topic: MTL -- Millat Tractors Ltd.  (Read 234249 times)

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Offline OJ213

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Re: MTL -- Millat Tractors Ltd.
« Reply #919 on: September 12, 2017, 11:49:32 AM »
60 rps paid at year end in addition to 35 paid earlier

Pakinvestorsguide

Re: MTL -- Millat Tractors Ltd.
« Reply #919 on: September 12, 2017, 11:49:32 AM »

Offline Farhan Kermani

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Re: MTL -- Millat Tractors Ltd.
« Reply #920 on: September 12, 2017, 12:16:59 PM »
The result is out, euphori should be over. Result has been factored in, the previous sessions. But the company is Kickass for sure.

Offline Farhan Kermani

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Re: MTL -- Millat Tractors Ltd.
« Reply #921 on: September 12, 2017, 12:21:11 PM »
any news of pama numbers? should have been yesterday.

Offline OJ213

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Re: MTL -- Millat Tractors Ltd.
« Reply #922 on: September 12, 2017, 01:12:10 PM »
The result is out, euphori should be over. Result has been factored in, the previous sessions. But the company is Kickass for sure.

you are right result is in line with expectations, however their ETR is lower, any idea why? they have to book super tax this qtr right?

Offline Farhan Kermani

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Re: MTL -- Millat Tractors Ltd.
« Reply #923 on: September 12, 2017, 01:34:32 PM »
super tax, yes

Offline bilalghani86

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Re: MTL -- Millat Tractors Ltd.
« Reply #924 on: September 12, 2017, 05:35:43 PM »
Why incomplete announcement ??
Love your parents. They are key to enter Jannat or Jahannum.

Offline hasanali

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Re: MTL -- Millat Tractors Ltd.
« Reply #925 on: September 12, 2017, 07:17:28 PM »
agtl-july sales-1505 units
agtl aug sales-1902 units
mtl july sales-3101 units
mtl aug sales-3225 units
 can any one guide me  what is better  of them
thanks

Offline akbar.aqil

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Re: MTL -- Millat Tractors Ltd.
« Reply #926 on: September 13, 2017, 09:41:57 AM »
agtl-july sales-1505 units
agtl aug sales-1902 units
mtl july sales-3101 units
mtl aug sales-3225 units
 can any one guide me  what is better  of them
thanks

MTL as their exports are much higher and the margin of export is 3 times that of local. So MTL is a better option!

Offline MZ

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Re: MTL -- Millat Tractors Ltd.
« Reply #927 on: October 25, 2017, 02:45:37 PM »
Millat Tractors Limited (MTL): 1QFY18 EPS clocked in at PKR 26.34; up 1.27xYoY/down 4%QoQ

Wednesday, 25 October 2017

By: Taurus Securities Limited
Millat Tractors Limited (MTL) announced its 1QFY18 financial results today, wherein the Massey Ferguson tractors assembler has registered PAT of PKR 1.2bn (EPS: PKR 26.34) in 1QFY18 as against PAT of PKR 0.5bn (EPS: PKR 11.58) in the SPLY, up 1.3xYoY/ down 4.2%QoQ.
Sales revenue has mounted by a massive 92.5%YoY to PKR 9.0bn for the period largely on the back of a 92.8%YoY increase in sales volume (+4,813 units), as prices for all its variants have largely remained the same.
On a sequential basis, the bottom-line has fallen by 4.2%QoQ as sales revenue largely remained the same (down 0.1%QoQ), whereas, cost of sales rose by 3.7%QoQ as steel prices climbed 7.7%QoQ and PKR fell 0.6%QoQ against JPY. This translated into a 1QFY18 gross margin of 21.7%, down 2.9ppts QoQ due to the aforementioned reasons.
Also, distribution and admin costs climbed by 47.4%QoQ, likely attributable to higher export volumes. Further, taxes normalized to an ETR of 28.9% in 1QFY18 as against 38.5% in 4QFY17.

Offline hasanali

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Re: MTL -- Millat Tractors Ltd.
« Reply #928 on: November 24, 2017, 11:08:50 AM »
 seniours pleas kiya millat batteries ki  wajah se  mtl  rate mein koi up ward aa sakta hai  thanks

Offline Thelma

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Re: MTL -- Millat Tractors Ltd.
« Reply #929 on: December 05, 2017, 11:44:02 AM »
I recieved Millat Tractors divident counter foil a couple of days back. But the divident is not deposited I'm ny account as yet.Has anyone got it ?appreciate any feed back

Offline salaara579

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Re: MTL -- Millat Tractors Ltd.
« Reply #930 on: December 05, 2017, 01:02:00 PM »
Could b in clearing

Offline Thelma

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Re: MTL -- Millat Tractors Ltd.
« Reply #931 on: December 05, 2017, 06:53:00 PM »
Has anyone re?ieved divident in the bank

Offline Adnan

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Re: MTL -- Millat Tractors Ltd.
« Reply #932 on: December 05, 2017, 09:55:21 PM »
Has anyone re?ieved divident in the bank
Yes, about 3 weeks ago.

Offline stuka

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Re: MTL -- Millat Tractors Ltd.
« Reply #933 on: February 15, 2018, 11:07:56 AM »
MTL at attractive level with dividend yield of approximately 9%. half year dividend 45 to 50 expected
FASM, HUBC, OLPL, UNITY, KHTC, PNSC, NETSOL, TGL

Offline akbar.aqil

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Re: MTL -- Millat Tractors Ltd.
« Reply #934 on: February 20, 2018, 04:47:06 PM »
45-50!!!!! Are you serious man.... This is very high expectations. Anything above 40 will make MTL a rocket. Very difficult to get to 50 though!!

Offline silentvoice

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Re: MTL -- Millat Tractors Ltd.
« Reply #935 on: February 20, 2018, 04:53:43 PM »
May be EPS 55 to 60 expected but ROCKET :[ :[ :[ :[ :bangin: :bangin: :bangin: :confused1: :confused1: :confused1: :confused1: but Dividend    :lazy2: :lazy2: :lazy2:
« Last Edit: February 20, 2018, 04:57:18 PM by silentvoice »

Offline akbar.aqil

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Re: MTL -- Millat Tractors Ltd.
« Reply #936 on: February 20, 2018, 05:31:10 PM »
May be EPS 55 to 60 expected but ROCKET :[ :[ :[ :[ :bangin: :bangin: :bangin: :confused1: :confused1: :confused1: :confused1: but Dividend    :lazy2: :lazy2: :lazy2:

Kya kehna chah rahey hain boss. Didnt get you

Offline stuka

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Re: MTL -- Millat Tractors Ltd.
« Reply #937 on: February 22, 2018, 12:40:30 PM »
45-50!!!!! Are you serious man.... This is very high expectations. Anything above 40 will make MTL a rocket. Very difficult to get to 50 though!!

 :shoaby: :shoaby:
60 rs dividend khappay
FASM, HUBC, OLPL, UNITY, KHTC, PNSC, NETSOL, TGL

Offline Farhan Kermani

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Re: MTL -- Millat Tractors Ltd.
« Reply #938 on: February 22, 2018, 12:52:53 PM »
result is kind of flat QOQ. But is too good POP & the dividend is voila