Author Topic: MTL -- Millat Tractors Ltd.  (Read 245555 times)

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Offline ksenewb

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Re: MTL -- Millat Tractors Ltd.
« Reply #979 on: January 16, 2019, 11:06:37 PM »
Strong buy

How come? Plant closed since last 1 month due to no tractor demand & thousands of tractors in unsold stock. Outlook doesnt appear good either due to multiple factors affecting farmers. 

Would suggest to stay away.
« Last Edit: January 16, 2019, 11:08:20 PM by ksenewb »

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Re: MTL -- Millat Tractors Ltd.
« Reply #979 on: January 16, 2019, 11:06:37 PM »

Offline DEVDAS

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Re: MTL -- Millat Tractors Ltd.
« Reply #980 on: January 17, 2019, 10:17:50 PM »
Yaa, sales r too too low
Analyst is an expert who will know tomorrow why what he predicted yesterday didn't happen today!

Offline onlybulls

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Re: MTL -- Millat Tractors Ltd.
« Reply #981 on: January 17, 2019, 10:48:30 PM »
Strong buy

How come? Plant closed since last 1 month due to no tractor demand & thousands of tractors in unsold stock. Outlook doesnt appear good either due to multiple factors affecting farmers. 

Would suggest to stay away.
I don't have mtl but I want to ask just for information why there is no tractor demand in market now ?

Because it's a very important thing related farmers & builders/ in bricks/sand etc transportation.
« Last Edit: January 17, 2019, 10:51:58 PM by onlybulls »

Offline ksenewb

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Re: MTL -- Millat Tractors Ltd.
« Reply #982 on: January 17, 2019, 11:32:51 PM »
Strong buy

How come? Plant closed since last 1 month due to no tractor demand & thousands of tractors in unsold stock. Outlook doesnt appear good either due to multiple factors affecting farmers. 

Would suggest to stay away.
I don't have mtl but I want to ask just for information why there is no tractor demand in market now ?

Because it's a very important thing related farmers & builders/ in bricks/sand etc transportation.

Some factors:

- water shortage
- sugar cane & mills dispute
- omni group tractor subsidy scandal
- slowdown in cpec related transportation/construction activities.
 

Offline DEVDAS

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Re: MTL -- Millat Tractors Ltd.
« Reply #983 on: January 18, 2019, 12:24:18 AM »
Strong buy

How come? Plant closed since last 1 month due to no tractor demand & thousands of tractors in unsold stock. Outlook doesnt appear good either due to multiple factors affecting farmers. 

Would suggest to stay away.
I don't have mtl but I want to ask just for information why there is no tractor demand in market now ?

Because it's a very important thing related farmers & builders/ in bricks/sand etc transportation.

Some factors:

- water shortage
- sugar cane & mills dispute
- omni group tractor subsidy scandal
- slowdown in cpec related transportation/construction activities.

Also allowing import of 5 years old tractors, the most effecting the sales
Analyst is an expert who will know tomorrow why what he predicted yesterday didn't happen today!

Offline Farzooq

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Re: MTL -- Millat Tractors Ltd.
« Reply #984 on: February 12, 2019, 01:15:39 PM »
MTL: 2QFY19 earnings to Nosedive By 60% YoY

The board meeting of Millat Tractors Limited (MTL) is scheduled on 14th Feb’19 to announce the financial result for 1HFY19. During 1HFY19, we expect the Company to post profit after tax of PKR 1,764mn (EPS: PKR 39.83), down by 36% YoY compared to PKR 2,778mn (EPS: PKR 62.73). On a sequential basis, earnings may clock-in at PKR 641mn (EPS: PKR 14.47), significantly down by 60% YoY and 43% QoQ compared to PKR 1,612mn (EPS: PKR 36.39) and PKR 1,123mn (EPS: PKR 25.36), respectively. During the period under review, volumes slumped by 40% YoY to 6,096 units due to closure of its manufacturing plant on account of annual maintenance compared to 10,154 units in SPLY. Despite multiple increase in tractor prices by an average of 4-7% depending on variants, gross margins are anticipated to fall by 707bps YoY to 17.43% on account of increase in duties on key inputs, PKR depreciation and rise in steel prices. Other income is expected to drop massively by 39% YoY to PKR 262mn due to decline in short term investments. Along with the result, we expect company to announce dividend of PKR 30.00/share.
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Offline Imran1982

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Re: MTL -- Millat Tractors Ltd.
« Reply #985 on: February 13, 2019, 07:07:01 PM »
Kya yeh Millar tractor dividend khanay Kay liye kaisa hay?

Offline hasni

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Offline aatradekhi

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Re: MTL -- Millat Tractors Ltd.
« Reply #987 on: February 14, 2019, 01:55:54 PM »
Financial Announcements
Millat Tractor Ltd. Half Yearly Results Dec 2018
EPS 2Q = Rs 11.45
EPS Half Yr = Rs 41.11
Interim Dividend = Rs 45.00
Last Half Yr EPS = Rs 69.10
The Share Transfer Books of the Company will be Closed
form 2/3/2019 To 8/3/2019

Offline SoloRunner

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Re: MTL -- Millat Tractors Ltd.
« Reply #988 on: March 19, 2019, 09:44:08 PM »
Dividend aaa gia kia accounts main ?

sold or hold ?

Offline Thelma

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Re: MTL -- Millat Tractors Ltd.
« Reply #989 on: March 28, 2019, 01:32:51 PM »
Hold or sell?

Offline farhan hafeez

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Re: MTL -- Millat Tractors Ltd.
« Reply #990 on: March 28, 2019, 01:42:27 PM »
sell anything above 500.

Offline Thelma

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Re: MTL -- Millat Tractors Ltd.
« Reply #991 on: March 28, 2019, 02:48:09 PM »