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The Market ! => Pak Equities => Topic started by: Valueestimator on June 07, 2013, 10:49:17 AM

Title: REWM -- Reliance weaving mills
Post by: Valueestimator on June 07, 2013, 10:49:17 AM
Highlighting KTML, REWM and GADT

Driven by concrete fundamentals and attractive valuations, we highlight Gadoon Textile Mills (GADT) and Reliance Weaving Mills (REWM) as next potential outperformers in the textile sector

We also reiterate our stance on Kohinoor Textile Mills (KTML), still yielding an upside of 97% at our SOTP based TP of PKR36/sh

At our estimated FY13E EPS of PKR48.2/sh, GADT is currently available at an attractive PE multiple of 2.7x compared to BMA Universe FY13PE of 8.5x

REWM is currently trading at rock bottom PE of 1.6x to our FY13E EPS of PKR18.7/sh

Going forward, 1) Chinese cotton yarn import boom, 2) EU duty waiver access, 3) better retention levels on yarn and cloth/fabric and 4) improved gas supply in summer season will remain the key value drivers

bma

REWM would soon cross 60 mark. fair value is over 100.  i also highlight fasm which can be doubled in a years time.
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on June 07, 2013, 02:57:52 PM
I think its about time rewm had its own thread.
It capped today with decent volumes.

@valueestimator, one thing I want to know is what are your dividend expectations ? Because last couple of years tehy have give out fatima shares as specie dividend in the ratio of 1:10
This year, they have committments for capex of 775 million, which is more than the cashflow they will generate.

50 rupees tp tu easy hai.
Title: Re: Textile Sector
Post by: Valueestimator on June 22, 2013, 10:27:23 AM
a review of Reliance weaving 3 years performance

2011- EPS 16.38 per share, dividend 15 share of Fatima fertilizer for 100 share of reliance weaving, value of dividend 3.9 per share

2012 EPS 8.45 per share, dividend 10 share of Fatima fertilizer for 100 share of reliance weaving, value of dividend 2.60 per share

2013, expected EPS 16.18 per share of Fatima fertilizer for 100 share of reliance weaving, value 3.9 per share

the share has been recently recommended by bma with target of 55 per share, book value is over 80 and the company is adding 13,000 new spindles.
Title: Re: REWM -- Reliance weaving mills
Post by: Abdul Qadir on July 18, 2013, 01:34:15 AM
Start accumulating
Target 55-60
Title: Re: REWM -- Reliance weaving mills
Post by: MMQ on July 25, 2013, 11:09:56 AM
 :clap1: :clap1: moving up...
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on July 26, 2013, 09:59:04 AM
lao maal 40.

 :dance :dance
Title: Re: REWM -- Reliance weaving mills
Post by: PK on July 26, 2013, 12:13:46 PM
lao maal 40.

 :dance :dance
i m in boss  :good
Title: Re: REWM -- Reliance weaving mills
Post by: Hamid Mamraiz on August 05, 2013, 04:26:44 PM
I am not expecting cash dividend from REWM because they are going to invest 1.5 billion Rupees in M/S Fatima Energy Limited. However specie dividend can be expected from them.

http://www.kse.com.pk/notices-updates/detail2.php?0.08491156367706154&id=4&nid=045553
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on August 05, 2013, 04:32:04 PM
15% specie div is expected which equivalent to 4 rupees of cash

Title: Re: REWM -- Reliance weaving mills
Post by: SBM on August 05, 2013, 09:58:49 PM
I am not expecting cash dividend from REWM because they are going to invest 1.5 billion Rupees in M/S Fatima Energy Limited. However specie dividend can be expected from them.

http://www.kse.com.pk/notices-updates/detail2.php?0.08491156367706154&id=4&nid=045553

fatima energy is a 100mw bagasse based power plant next to fatima sugar mills (unlisted)

good stuff.
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on August 05, 2013, 10:00:35 PM
wat is the fair value of the company.
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on August 06, 2013, 01:17:49 AM
wat is the fair value of the company.

of rewm or fatima energy ?
not many details are available for fatima energy

http://fatima-group.com/fatimaenergy/companyoverview.php

100 mw plant. will use  bagasse during cane crushing  season (3 months ) and coal during  off season ( 9 months )

rewm ki valuation tu aphi behtar jantay hain

100 mw plant would cost roughly 16-18 billion rupees. => 4-4.5 billion  equity , so rewm may end up with 33% stake
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on August 11, 2013, 05:30:08 AM
15% specie div is expected which equivalent to 4 rupees of cash

 :skeptic:
rewm issued capital is 30 million shares.
rewm currently holds just 2.625 million shares of fatima
=>  it cant pay more than 8.75% specie dividend.

net current assets per share is -4.6 for rewm - though it will turn positive with full year results

775million commitment for capex and 1.5 billion investment in power plant means they will take on about 2 billion of debt.

current debt/equity is a quite comfortable 12%
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on August 11, 2013, 12:19:43 PM
Thanks for the correction bro.

I noticed this a week ago and should have corrected it. My apologies for that. Now I have some expectations of cash dividend 1.50-2 per share, as well.

The company has not adopted the strategy to accelerate debt repayments, instead it has adopted growth strategy (13,000 new spindles+1.5bn investment in Fatima share (48 per share). so I think it will undertake more long term debt for new spindles whereas equity contribution in Fatima energy can be financed through internal cash flows, as it would be required over 2-3 years. 

if they pay 2 rupees cash, that is roughly 10% of cash profit (+ DEPRECIATION). I think if next year textile co's will earn profits similar to what they have earned during 2013, the shares prices will appreciate by 50%  in my view as  investors remain always worried about the sustainability of earnings from textile companies therefore they discount the valuation by large.

rewm has been profitable since 2010 and has been paying off dividends, this will be the fourth year and next year would be the 5th year, so investor would have more comfort on the business and financials. I am holding this stock for long term as I believe Pakistan competitive position has improved due to high cost of cotton and labor in china, whose textile sector is more than 20 times larger than Pakistan.


I believe the share should trade at least 80% of its book value including the revaluation surpluses as Pakistan currency has depreciated significantly and replacement cost of a similar unit would be quite higher than the book value of the company.
Title: Re: REWM -- Reliance weaving mills
Post by: Poker Face on August 13, 2013, 03:54:22 PM
@ Valueestimator & Ouulman
what are your targets for REWM?
I think in 2 years, it can easily touch Rs. 80?
Very small free float though!
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on August 13, 2013, 04:21:31 PM
@ Valueestimator & Ouulman
what are your targets for REWM?
I think in 2 years, it can easily touch Rs. 80?
Very small free float though!

I agree and I own good qty of it.
Title: Re: REWM -- Reliance weaving mills
Post by: Rizwan Bhatti on August 15, 2013, 02:22:40 PM
Qadir bahi iss ka rally kab tak expected ha?
Title: Re: REWM -- Reliance weaving mills
Post by: umair vohra on August 15, 2013, 02:27:26 PM
 :bangin: :bangin: :bangin: :bangin: CAP?>??
Title: Re: REWM -- Reliance weaving mills
Post by: umair vohra on August 15, 2013, 02:29:43 PM
SHOULD I PURCHASE AT THIS LEVEL?? WAITING FOR YOURT REPLIES SENIORS
Title: Re: REWM -- Reliance weaving mills
Post by: Poker Face on August 15, 2013, 03:21:39 PM
SHOULD I PURCHASE AT THIS LEVEL?? WAITING FOR YOURT REPLIES SENIORS
2 years target to me is 80
can be earlier but again its market, no idea when market realises its potential
keep an idea of 2 years while buying
Title: Re: REWM -- Reliance weaving mills
Post by: umair vohra on August 15, 2013, 03:24:18 PM
do u have any idea how much it cost of production will effect after hike in Electricity tarrif
Title: Re: REWM -- Reliance weaving mills
Post by: Poker Face on August 15, 2013, 03:25:47 PM
do u have any idea how much it cost of production will effect after hike in Electricity tarrif
target 80 is after adding all factors including electricity tariff etc.
Title: Re: REWM -- Reliance weaving mills
Post by: umair vohra on August 17, 2013, 01:19:44 PM
do u have any idea how much it cost of production will effect after hike in Electricity tarrif
target 80 is after adding all factors including electricity tariff etc.

OKEY NOTED AND THANKS
Title: Re: REWM -- Reliance weaving mills
Post by: umair vohra on August 17, 2013, 03:46:39 PM
http://www.nepra.org.pk/Licences/Licence%20Application/FATIMA%20ENERGY.PDF
Title: Re: REWM -- Reliance weaving mills
Post by: umair vohra on August 17, 2013, 04:11:34 PM
fATIMA ENERGY PROJECT TOTAL PORJECT COST AROUND USD 234.66 MILLION . Structure 75:25

Total Equity 58.66 Million Dollar
Total Finance 175.99 Million Dollar

Total Investment By REWM in fatima Energy 1.5 Billion which is approx 25% of total equity
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on August 17, 2013, 05:48:25 PM
There are few people who have the courage to buy a stock when its cheap, most of us buy when it become expensive.

see the volumes when ncl was at 17 and volumes when ncl is 67,


same company, same businesses.

similarly rewm, there are less buyers at 36 and there would be many when it would be 80
Title: Re: REWM -- Reliance weaving mills
Post by: tariqhafeez on August 17, 2013, 10:03:31 PM
Fatima energy is excellent idea as it will be based on coal and bagass as fuel.  Bagass will come from fatima sugar, so it will integrate with the group too.  It is another step to move away from furnace oil.  Very good investment.  However will be operational in late 2015.  It takes time to build a good company.
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on August 18, 2013, 12:27:41 AM
Fatima energy is excellent idea as it will be based on coal and bagass as fuel.  Bagass will come from fatima sugar, so it will integrate with the group too.  It is another step to move away from furnace oil.  Very good investment.  However will be operational in late 2015.  It takes time to build a good company.

Early 2016 as per notice. In practical terms it means late 2016 to early 2017  ;)

Title: Re: REWM -- Reliance weaving mills
Post by: mifazal on August 18, 2013, 12:39:25 AM
Their current assets are less than their current liabilities .. which means they have a -ve working capital .. is that normal ?
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on August 18, 2013, 01:16:46 PM
Their current assets are less than their current liabilities .. which means they have a -ve working capital .. is that normal ?

they make good margin on their stock... as stock liquidates by year end, the working capital situation will switch to +ve

Title: Re: REWM -- Reliance weaving mills
Post by: abam91 on August 18, 2013, 04:50:27 PM
It is quoted as Reliance WeavingSD. What does the SD mean in this case?
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on August 18, 2013, 04:58:23 PM
It is quoted as Reliance WeavingSD. What does the SD mean in this case?

SD means specie dividend . specie dividend generally means when a company gives another company's shares as dividend. In rewm case, they have been giving out some Fatima shares as dividend .

BTW, it should be just rewm now, not with SD as it gave dividend last year.
Title: Re: REWM -- Reliance weaving mills
Post by: Dehan on August 18, 2013, 08:43:56 PM
It is quoted as Reliance WeavingSD. What does the SD mean in this case?

SD  Specie Dividend
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on August 20, 2013, 11:29:00 AM
fATIMA ENERGY PROJECT TOTAL PORJECT COST AROUND USD 234.66 MILLION . Structure 75:25

Total Equity 58.66 Million Dollar
Total Finance 175.99 Million Dollar

Total Investment By REWM in fatima Energy 1.5 Billion which is approx 25% of total equity

Further details of fatima energy here (http://www.kse.com.pk/notices-updates/detail2.php?id=4&nid=045790&pagesize=1&pageno=1)
Title: Re: REWM -- Reliance weaving mills
Post by: 07585 on August 20, 2013, 11:36:25 AM
I think this stock is a very good buy at this price, the only factor is that it is illiquid and it takes many buyers and significant price increase to get the stock in the limelight. However our market is inefficient and the stocks start increasing near a trigger and settles at a fair price. After that it stays stagnant till the next trigger. This script is Exellent for a medium term play if you have patience. Personally i would prefer buying after the price rally starts, near its result.
Title: Re: REWM -- Reliance weaving mills
Post by: umair vohra on August 20, 2013, 11:51:26 AM
YEAH TAXTILE SECTOR KA KOHAT CEMENT HAI
Title: Re: REWM -- Reliance weaving mills
Post by: Saeed Muhammad on August 20, 2013, 12:58:40 PM
Agar intrest rate up ho gya tu ye banking sector ka silk ban jaye ga
Title: Re: REWM -- Reliance weaving mills
Post by: umair vohra on August 20, 2013, 01:02:31 PM
Agar intrest rate up ho gya tu ye banking sector ka silk ban jaye ga

Hahaha Indeeddddddddddddddddddddddddddddddddddddddddddddddddddd :thumbsup_anim: :thumbsup_anim: :thumbsup_anim: :thumbsup_anim:
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on August 20, 2013, 01:05:49 PM
Agar intrest rate up ho gya tu ye banking sector ka silk ban jaye ga

100 bps increase will reduce eps by rougly 8-9%
koi khaas farq nahi parta at current level of liabilities and gross margins
Title: Re: REWM -- Reliance weaving mills
Post by: 07585 on August 20, 2013, 01:09:47 PM
Agar intrest rate up ho gya tu ye banking sector ka silk ban jaye ga

100 bps increase will reduce eps by rougly 8-9%
koi khaas farq nahi parta at current level of liabilities and gross margins

True, but the people will react to it and it will decrease in the short term, making it a good buy.
Title: Re: REWM -- Reliance weaving mills
Post by: Salammembers on September 12, 2013, 09:45:54 AM
There are few people who have the courage to buy a stock when its cheap, most of us buy when it become expensive.

see the volumes when ncl was at 17 and volumes when ncl is 67,


same company, same businesses.

similarly rewm, there are less buyers at 36 and there would be many when it would be 80

sir,
i bought at 28 and sold all in 32-34 range,
re-entered yesterday after reading your message, textile sector positive coverage in papers and Q3 report.
happy ending ki umeed tu haay 
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on September 24, 2013, 02:31:23 PM
valueestimator bhia yahan topic khula hua hai rewm ka
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on September 24, 2013, 02:55:19 PM
ohhhhh
Title: Re: Textile Sector
Post by: SBM on September 26, 2013, 07:01:49 PM
a review of Reliance weaving 3 years performance

2011- EPS 16.38 per share, dividend 15 share of Fatima fertilizer for 100 share of reliance weaving, value of dividend 3.9 per share

2012 EPS 8.45 per share, dividend 10 share of Fatima fertilizer for 100 share of reliance weaving, value of dividend 2.60 per share

2013, expected EPS 16.18 per share of Fatima fertilizer for 100 share of reliance weaving, value 3.9 per share

the share has been recently recommended by bma with target of 55 per share, book value is over 80 and the company is adding 13,000 new spindles.

13000 spindles bmr, not capex - rehabilitation/improvement, not addition 
 specie dividend will be 8.5 shares of fatima for every 100 shares of rewm held

question is, cash dividend hoga ya nahi ?
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on September 26, 2013, 11:56:36 PM
rewm is very late this time, in announcing bm.
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on September 27, 2013, 10:41:25 AM
Aaja rey aaja rey meray dil bar jani,
Title: Re: REWM -- Reliance weaving mills
Post by: umair vohra on September 27, 2013, 12:35:36 PM
Aaja rey aaja rey meray dil bar jani,

AFTER RESULT EK DO LOCKS TO PAKKAY HAI  :D AGR DIVIDEND DIYA TO UPER KAY WARNA LOWER K :bangin:
Title: Re: REWM -- Reliance weaving mills
Post by: Salammembers on September 27, 2013, 12:48:34 PM
UL tu theek haay but LL :( iss ka zikar na hee karaay tu behtar haay huhu huhu huhu
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on September 27, 2013, 12:52:41 PM
UL tu theek haay but LL :( iss ka zikar na hee karaay tu behtar haay huhu huhu huhu

saif floored today, it paid out 2.5 dps and earned 16.44 and was trading at just 2 p/e !
i think same person/ group bid up rewm and saif prices.
 
Title: Re: REWM -- Reliance weaving mills
Post by: pieyomie on October 03, 2013, 02:05:28 PM
UL tu theek haay but LL :( iss ka zikar na hee karaay tu behtar haay huhu huhu huhu

Still no BM date!

Why so late? What's taking them so long?
Title: Re: REWM -- Reliance weaving mills
Post by: pieyomie on October 04, 2013, 02:47:05 PM
http://www.pakistan-stocks.blogspot.com/2013/10/rewm-reliance-weaving-mills-ltd-company.html
Title: Re: REWM -- Reliance weaving mills
Post by: ali.zia194 on October 04, 2013, 02:54:27 PM
BM Oct 9
Title: Re: REWM -- Reliance weaving mills
Post by: umair vohra on October 04, 2013, 03:14:10 PM
MARK MY WORD EK PESA KA DIVIDEND NAHI DYNA IS NAY
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on October 04, 2013, 05:04:47 PM
MARK MY WORD EK PESA KA DIVIDEND NAHI DYNA IS NAY

maybe. but sure to give fatima shares as specie dividend
Title: Re: REWM -- Reliance weaving mills
Post by: aliraza on October 04, 2013, 05:17:33 PM
MARK MY WORD EK PESA KA DIVIDEND NAHI DYNA IS NAY

ku nahee dyna koi vaja to ho gee apka pass
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on October 04, 2013, 05:53:09 PM
MARK MY WORD EK PESA KA DIVIDEND NAHI DYNA IS NAY

Do not worry, it will pay equivalent to 3 rupees at the minimum (cash, specie or bonus).
Title: Re: REWM -- Reliance weaving mills
Post by: aliraza on October 04, 2013, 06:07:26 PM
MARK MY WORD EK PESA KA DIVIDEND NAHI DYNA IS NAY

Do not worry, it will pay equivalent to 3 rupees at the minimum (cash, specie or bonus).

valueestimator GST reduce 5 % sa 2% iska kitna impact ho gaa textile sector paa mazeed kuch
Title: Re: REWM -- Reliance weaving mills
Post by: Farrukh Muqeem on October 09, 2013, 03:56:11 PM
GUyz ...............Any update on Reliance Weaving results .........I thought its Board Meeting was today ????????? :skeptic: :skeptic:
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on October 09, 2013, 08:26:06 PM
intezar karna mushkil, iqrar karna mushkil hay

kitna mushkil hay yara, dividend k baghair dil lagana

ho yara, capital gain k baghair dil laganaaaaaa
Title: Re: REWM -- Reliance weaving mills
Post by: clearcrystle1 on October 09, 2013, 08:44:45 PM
intezar karna mushkil, iqrar karna mushkil hay
 
kitna mushkil hay yara, dividend k baghair dil lagana

ho yara, capital gain k baghair dil laganaaaaaa
Ary ho gya hy tujh ko to pyar sajna
Lakh ker ly tu inkar sajna...
 :dance :dance :dance :dance :dance
Title: Re: REWM -- Reliance weaving mills
Post by: DR.NO on October 09, 2013, 10:53:02 PM
intezar karna mushkil, iqrar karna mushkil hay
 
kitna mushkil hay yara, dividend k baghair dil lagana

ho yara, capital gain k baghair dil laganaaaaaa
Ary ho gya hy tujh ko to pyar sajna
Lakh ker ly tu inkar sajna...
 :dance :dance :dance :dance :dance


Suraj naye jaatay jaatay sham saye qabh ko, tashtay afaq saye leye kar laalay kay phool mar laye!
Title: Re: REWM -- Reliance weaving mills
Post by: pieyomie on October 10, 2013, 09:34:19 AM
Iss ne b disappointment k ilawa kuch nahi dia.  :crying_anim02:

Aik bakra KSE nigal gayi.  :down:
Title: Re: REWM -- Reliance weaving mills
Post by: Farrukh Muqeem on October 10, 2013, 09:55:10 AM

Can anybody upload the link of results... I cant find it on KESC website :thanks:
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on October 10, 2013, 10:09:42 AM
aur es pal mein bas eik tum ho, bas eik tum ho.......... reliance weaving.

ladka ya ladki..............
Title: Re: REWM -- Reliance weaving mills
Post by: Farrukh Muqeem on October 10, 2013, 10:24:03 AM
aur es pal mein bas eik tum ho, bas eik tum ho.......... reliance weaving.

ladka ya ladki..............

Value bhai ...some insights on this please
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on October 10, 2013, 10:33:28 AM
aur es pal mein bas eik tum ho, bas eik tum ho.......... reliance weaving.

ladka ya ladki..............

Value bhai ...some insights on this please

nothing
Title: Re: REWM -- Reliance weaving mills
Post by: Saeed Muhammad on October 10, 2013, 11:28:41 AM
VALUE BHAI es ka reult kahan phans gaya
Title: Re: REWM -- Reliance weaving mills
Post by: pieyomie on October 10, 2013, 11:32:02 AM
VALUE BHAI es ka reult kahan phans gaya

DPS 2
EPS 18.5
Title: Re: REWM -- Reliance weaving mills
Post by: umair vohra on October 10, 2013, 11:37:20 AM
VALUE BHAI es ka reult kahan phans gaya

DPS 2
EPS 18.5

link ??
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on October 10, 2013, 01:14:05 PM
can somebody contact kse
Title: Re: REWM -- Reliance weaving mills
Post by: aliraza on October 10, 2013, 01:16:37 PM
VALUE BHAI es ka reult kahan phans gaya

DPS 2
EPS 18.5

link ??

abhi tak result nahee aya
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on October 10, 2013, 01:24:36 PM
can somebody contact kse

no one is picking up at the UAN number
looks like they dont have money to hire operator ..
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on October 10, 2013, 01:30:37 PM
can somebody contact kse

no one is picking up at the UAN number
looks like they dont have money to hire operator ..

ok got through.
iTs called trading and numbers affairs dept

They said they havent received the financials as yet.
They have contacted the company via phone and via mail.
Title: Re: REWM -- Reliance weaving mills
Post by: aliraza on October 10, 2013, 05:51:38 PM
any update rewm result
Title: Re: REWM -- Reliance weaving mills
Post by: Nousherwan on October 10, 2013, 08:43:50 PM
aur es pal mein bas eik tum ho, bas eik tum ho.......... reliance weaving.

ladka ya ladki..............

the kind of results coming, i think u will soon sing for textile sector
"hum juda ho gaye.....dividend kahin kho gaye"
"magar hum milein gey......textile tum yaad rkhna"
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on October 11, 2013, 09:54:19 AM
honestly speaking I am interested in EPS only as I want company to reinvest in the business as future is bright.

I am just looking forward to an annual eps in the range of 15.75-16.75.

Title: Re: REWM -- Reliance weaving mills
Post by: aliraza on October 11, 2013, 10:25:20 AM
honestly speaking I am interested in EPS only as I want company to reinvest in the business as future is bright.

I am just looking forward to an annual eps in the range of 15.75-16.75.

result ku nahee aya
Title: Re: REWM -- Reliance weaving mills
Post by: Hamid Mamraiz on October 11, 2013, 10:31:39 AM
honestly speaking I am interested in EPS only as I want company to reinvest in the business as future is bright.

I am just looking forward to an annual eps in the range of 15.75-16.75.

REWM will invest almost all its Retained earnings(Rs 1.5 Billion)in Fatima Energy Project .... So Re-investment in Textile business is less likely.... This investment will also vanish its other income for a period of 3 years as Power Plant will not be able to start operations before 2016.....

Uptil Q3 2013, their retained earnings were 1579.3 million Rupees.... and 1500 Million they will invest in Fatima Energy project as advance .... Then what will be left with them????
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on October 11, 2013, 11:18:30 AM
brother retained earnings are already invested in the business. so that 1.5bn is not available for anything.
the investment in a power project would be made over a period of 3 years and they will receive interest on it.

they are also reinvesting in the business as they are doing bmr.

Title: Re: REWM -- Reliance weaving mills
Post by: clearcrystle1 on October 11, 2013, 11:26:49 AM
Value Bhai phir bhi Zara Dekh Bhal ker
Akhir Hamid Lala bhi textile kay guru hain...
Title: Re: REWM -- Reliance weaving mills
Post by: Hamid Mamraiz on October 11, 2013, 11:58:03 AM
VALUE BHAI es ka reult kahan phans gaya

DPS 2
EPS 18.5

link ??

http://www.kse.com.pk/notices-updates/detail2.php?id=4&nid=047456&pagesize=1&pageno=1

EPS 18.5
DPS 2.0
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on October 11, 2013, 12:00:05 PM
VALUE BHAI es ka reult kahan phans gaya

DPS 2
EPS 18.5

http://www.kse.com.pk/notices-updates/detail2.php?id=4&nid=047456&pagesize=1&pageno=1

dps 2 eps 18.5
Title: Re: REWM -- Reliance weaving mills
Post by: PK on October 11, 2013, 12:02:00 PM
VALUE BHAI es ka reult kahan phans gaya

DPS 2
EPS 18.5
Good work
Title: Re: REWM -- Reliance weaving mills
Post by: 007 on October 11, 2013, 12:13:01 PM
VALUE BHAI es ka reult kahan phans gaya

DPS 2
EPS 18.5
Good work

wah kya estimate hai

pk rewm looks better than mqtm at these rates
Title: Re: REWM -- Reliance weaving mills
Post by: Hamid Mamraiz on October 23, 2013, 03:34:35 PM
Today was last date of Spot for REWM
Tomorrow BOD meeting for Q1 Results
http://www.kse.com.pk/notices-updates/detail2.php?0.3924619523914157&id=4&nid=047732
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on October 24, 2013, 02:25:08 PM
http://www.kse.com.pk/notices-updates/detail2.php?id=4&nid=048050&pagesize=1&pageno=2

eps of 5 in first quarter, no impact of electricity.

Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on October 24, 2013, 07:04:44 PM
http://www.kse.com.pk/notices-updates/detail2.php?id=4&nid=048050&pagesize=1&pageno=2

eps of 5 in first quarter, no impact of electricity.

Target of 55 intact, there is a delay mainly due to electricity tariff raise, however it has good outlook

elixir has allocated pe of 50 to gadt, same can be applied to rewm, which gives valuation of around 80.
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on October 31, 2013, 01:54:00 PM
http://fatima-group.com/relianceweaving/pdf/rwml_ar2013.pdf
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on November 01, 2013, 08:53:05 AM
http://www.fatima-group.com/relianceweaving/pdf/rwml_1qt_2013.pdf

first quarter report. positive outlook given by company
Title: Re: REWM -- Reliance weaving mills
Post by: Hamid Mamraiz on November 06, 2013, 12:49:53 PM
http://www.kse.com.pk/notices-updates/detail2.php?0.1369432178667952&id=4&nid=048719
Agenda to approve and enhance investment in Fatima Energy from 1.5 Billion to 2.2 Billion Rupees.
Title: Re: REWM -- Reliance weaving mills
Post by: Farrukh Muqeem on November 06, 2013, 02:19:07 PM
http://www.kse.com.pk/notices-updates/detail2.php?0.1369432178667952&id=4&nid=048719
Agenda to approve and enhance investment in Fatima Energy from 1.5 Billion to 2.2 Billion Rupees.

hope it continues is upward trend
Title: Re: REWM -- Reliance weaving mills
Post by: pieyomie on November 06, 2013, 03:44:49 PM
http://www.kse.com.pk/notices-updates/detail2.php?0.1369432178667952&id=4&nid=048719
Agenda to approve and enhance investment in Fatima Energy from 1.5 Billion to 2.2 Billion Rupees.

hope it continues is upward trend

Target of 55/60 will be achieved but you will have to wait for a year at least.
Title: Re: REWM -- Reliance weaving mills
Post by: Salammembers on November 06, 2013, 10:14:34 PM
koi cap o cap item khappay for next 2 days :rtfm:
Title: Re: REWM -- Reliance weaving mills
Post by: aliraza on November 11, 2013, 05:57:40 PM
koi cap o cap item khappay for next 2 days :rtfm:

http://www.kse.com.pk/notices-updates/detail2.php?id=4&nid=048811&qsid=18
Title: Re: REWM -- Reliance weaving mills
Post by: Salammembers on November 11, 2013, 06:40:08 PM
koi cap o cap item khappay for next 2 days :rtfm:

http://www.kse.com.pk/notices-updates/detail2.php?id=4&nid=048811&qsid=18
   aicl haay na  , now v can relax for few months :rtfm:
Title: Re: REWM -- Reliance weaving mills
Post by: aliraza on November 12, 2013, 04:47:59 PM


http://www.kse.com.pk/notices-updates/detail2.php?id=4&nid=048829&qsid=519

ab is kay ho gaaa
Title: Re: REWM -- Reliance weaving mills
Post by: PK on November 28, 2013, 12:51:40 PM
Good to see it capped ...  :shoaby:
Title: Re: REWM -- Reliance weaving mills
Post by: Hamid Mamraiz on November 28, 2013, 01:10:09 PM
Good to see it capped ...  :shoaby:
:shoaby:
Title: Re: REWM -- Reliance weaving mills
Post by: Zedenc on November 28, 2013, 01:32:12 PM
Good to see it capped ...  :shoaby:
:shoaby:
Alhamdolillah.... :thumbsup_anim:
Title: Re: REWM -- Reliance weaving mills
Post by: Farrukh Muqeem on November 28, 2013, 01:39:30 PM
At last ..............the much awaited cap and hopefully more to come..............................
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on November 28, 2013, 03:17:59 PM
At last ..............the much awaited cap and hopefully more to come..............................

it deserves 15 more caps, but 4-5 are must.
Title: Re: REWM -- Reliance weaving mills
Post by: aliraza on November 28, 2013, 05:27:21 PM
At last ..............the much awaited cap and hopefully more to come..............................

it deserves 15 more caps, but 4-5 are must.

kal be cap hojye to kafi haa
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on November 28, 2013, 11:48:38 PM
At last ..............the much awaited cap and hopefully more to come..............................

it deserves 15 more caps, but 4-5 are must.

kal be cap hojye to kafi haa

ho jay ga in sha Allah
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on November 29, 2013, 10:28:27 AM
At last ..............the much awaited cap and hopefully more to come..............................

it deserves 15 more caps, but 4-5 are must.

kal be cap hojye to kafi haa

ho jay ga in sha Allah

Rewm eps is more than NML so why it will not go up. is there any reason.
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on November 29, 2013, 04:28:35 PM
2ND Cap............. :dance :dance :dance

Title: Re: REWM -- Reliance weaving mills
Post by: PK on November 29, 2013, 04:41:53 PM
2ND Cap............. :dance :dance :dance
Elfy wala cap lagao Valuebhai .. Khulna nahi chahiye monday ko .... :good
Title: Re: REWM -- Reliance weaving mills
Post by: Farrukh Muqeem on November 29, 2013, 04:50:05 PM

Lets hope the the trend of CAP continues on Monday as well
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on November 29, 2013, 04:51:33 PM

Lets hope the the trend of CAP continues on Monday as well

cap tu nahi  close hua but decent volume at/near cap. bodes well   :fingerscrossed1:
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on November 29, 2013, 08:19:25 PM
cap lag jay tu seller nahi aata,

still there is a need of seller.
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on December 01, 2013, 02:42:29 PM
expected to appreciate by 10% this week.

Title: Re: REWM -- Reliance weaving mills
Post by: Farrukh Muqeem on December 01, 2013, 08:57:04 PM
expected to appreciate by 10% this week.

wow......phir laoo reliance  :D
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on December 02, 2013, 07:18:58 PM
expected to appreciate by 10% this week.

wow......phir laoo reliance  :D

3% up today.
Title: Re: REWM -- Reliance weaving mills
Post by: aliraza on December 02, 2013, 07:33:36 PM
expected to appreciate by 10% this week.

wow......phir laoo reliance  :D

3% up today.

short term profit book kar lena behtar haa ab ?
Title: Re: REWM -- Reliance weaving mills
Post by: hammad01 on December 02, 2013, 07:49:07 PM
REWM is one of the cheapest  p/e textile companies. In addition it has not shown the same increase as other textile companies. It is still far from its yearly high of 41.4. It has yearly price appreciaton of only 64% compared to other textiles with three digit. It may fall with the entire textile section. strong hold from myside, based on the above reasons. 
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on December 02, 2013, 10:05:22 PM
REWM is one of the cheapest  p/e textile companies. In addition it has not shown the same increase as other textile companies. It is still far from its yearly high of 41.4. It has yearly price appreciaton of only 64% compared to other textiles with three digit. It may fall with the entire textile section. strong hold from myside, based on the above reasons.

for long term investor it can give 200 % return in 2 years.
Title: Re: REWM -- Reliance weaving mills
Post by: MMQ on December 03, 2013, 10:29:53 AM
REWM is one of the cheapest  p/e textile companies. In addition it has not shown the same increase as other textile companies. It is still far from its yearly high of 41.4. It has yearly price appreciaton of only 64% compared to other textiles with three digit. It may fall with the entire textile section. strong hold from myside, based on the above reasons.

for long term investor it can give 200 % return in 2 years.

cap  :clap1: :clap1:
Title: Re: REWM -- Reliance weaving mills
Post by: PK on December 03, 2013, 10:40:57 AM
Value Bhai Ur Awsome >>> U Simply Rock  :good :shoaby: :thumbsup_anim:
Title: Re: REWM -- Reliance weaving mills
Post by: Salammembers on December 03, 2013, 10:45:39 AM
Value Bhai Ur Awsome >>> U Simply Rock  :good :shoaby: :thumbsup_anim:
   our Sachin or boycott :thumbsup_anim:
Title: Re: REWM -- Reliance weaving mills
Post by: pieyomie on December 03, 2013, 10:48:33 AM
Value Bhai Ur Awsome >>> U Simply Rock  :good :shoaby: :thumbsup_anim:
   our Sachin or boycott :thumbsup_anim:

Our Nostradamus!

Value bhai is as good as him with his predictions!
Title: Re: REWM -- Reliance weaving mills
Post by: asim.786 on December 03, 2013, 07:02:06 PM
 :clap1: :dance
I bought little at 35
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on December 03, 2013, 07:29:51 PM
expected to appreciate by 10% this week.

wow......phir laoo reliance  :D

3% up today.

cumulative 8% up and still 3 more working days are there.
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on December 03, 2013, 08:11:59 PM
2nd quarter eps expected at 6 rupees. half yearly 11 rupees. NML and rewm are almost similar in terms of per share earnings during 2013 and 2014
Title: Re: REWM -- Reliance weaving mills
Post by: PK on December 04, 2013, 04:09:57 PM
2nd quarter eps expected at 6 rupees. half yearly 11 rupees. NML and rewm are almost similar in terms of per share earnings during 2013 and 2014
Laoo phr atleast nml ka half kardo rewm ko cap o cap ... series mein  :shoaby: :clap1: :good
Title: Re: REWM -- Reliance weaving mills
Post by: umer on December 04, 2013, 06:20:07 PM
2nd quarter eps expected at 6 rupees. half yearly 11 rupees. NML and rewm are almost similar in terms of per share earnings during 2013 and 2014
Laoo phr atleast nml ka half kardo rewm ko cap o cap ... series mein  :shoaby: :clap1: :good
:thumbsup_anim:  isi msot bna do  :D . Valueestimator bhai lao lao isko  :clap1: .
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on December 04, 2013, 08:19:33 PM
2nd quarter eps expected at 6 rupees. half yearly 11 rupees. NML and rewm are almost similar in terms of per share earnings during 2013 and 2014
Laoo phr atleast nml ka half kardo rewm ko cap o cap ... series mein  :shoaby: :clap1: :good
:thumbsup_anim:  isi msot bna do  :D . Valueestimator bhai lao lao isko  :clap1: .

REWM is 50% more sexy, 50% more young and 50% more beautiful than MSOT at current rates.
Title: Re: REWM -- Reliance weaving mills
Post by: Salammembers on December 04, 2013, 10:29:16 PM
2nd quarter eps expected at 6 rupees. half yearly 11 rupees. NML and rewm are almost similar in terms of per share earnings during 2013 and 2014
Laoo phr atleast nml ka half kardo rewm ko cap o cap ... series mein  :shoaby: :clap1: :good
:thumbsup_anim:  isi msot bna do  :D . Valueestimator bhai lao lao isko  :clap1: .

REWM is 50% more sexy, 50% more young and 50% more beautiful than MSOT at current rates.
tu phir zoor saay boolooooo Rewm pipty :clap1:
Title: Re: REWM -- Reliance weaving mills
Post by: MMQ on December 05, 2013, 10:24:21 AM
 :clap1: :clap1:
Title: Re: REWM -- Reliance weaving mills
Post by: asim.786 on December 05, 2013, 05:04:55 PM
 :thumbsup_anim: :dance :clap1: :shoaby: :good
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on December 05, 2013, 11:23:25 PM
:thumbsup_anim: :dance :clap1: :shoaby: :good

yeah tu trailor hay,...........
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on December 06, 2013, 12:08:01 PM
buy on weakness
Title: Re: REWM -- Reliance weaving mills
Post by: pieyomie on December 06, 2013, 02:26:32 PM
Kya next week tue, wed tak dividend aa jaye ga? Is k bad X hone walay b kayi dividend aa gay, iss ka abi tak ni aya!
Title: Re: REWM -- Reliance weaving mills
Post by: invincible on December 10, 2013, 11:49:47 AM
40 seems a big obstacle in its way.  :skeptic: :skeptic:
Title: Re: REWM -- Reliance weaving mills
Post by: Salammembers on December 10, 2013, 11:56:28 AM
40 seems a big obstacle in its way.  :skeptic: :skeptic:

offloaded at 40 ,now waiting for 36 otherwise intend 2 buy more mqtm
Title: Re: REWM -- Reliance weaving mills
Post by: Dehan on December 10, 2013, 05:06:48 PM
40 seems a big obstacle in its way.  :skeptic: :skeptic:

The only khassi textile at kse.
Title: Re: REWM -- Reliance weaving mills
Post by: pieyomie on December 10, 2013, 05:12:38 PM
40 seems a big obstacle in its way.  :skeptic: :skeptic:

The only khassi textile at kse.

Lagta hai Dehan bhai ne b entry mari thi 35 k ooper.  :tongue:
Title: Re: REWM -- Reliance weaving mills
Post by: twahidi on December 12, 2013, 09:58:39 PM
What is dehan in this scrip after GSP+
Title: Re: REWM -- Reliance weaving mills
Post by: Dehan on December 12, 2013, 10:21:57 PM
What is dehan in this scrip after GSP+

Aj opening pa 1k say cap hova. Kal 5k say cap ho jia ga.
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on December 12, 2013, 10:55:00 PM
SHOULD I PURCHASE AT THIS LEVEL?? WAITING FOR YOURT REPLIES SENIORS
2 years target to me is 80
can be earlier but again its market, no idea when market realises its potential
keep an idea of 2 years while buying

lets hope next two quarters mein kaam hojae  :biggthumpup:
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on December 13, 2013, 09:34:51 AM
SHOULD I PURCHASE AT THIS LEVEL?? WAITING FOR YOURT REPLIES SENIORS
2 years target to me is 80
can be earlier but again its market, no idea when market realises its potential
keep an idea of 2 years while buying

lets hope next two quarters mein kaam hojae  :biggthumpup:

One of the most undervalued stock in pakistan just because of lack of knowledge about the fundamentals of the company.
Title: Re: REWM -- Reliance weaving mills
Post by: Nousherwan on December 13, 2013, 11:23:09 AM
Value bhai added today in pf. thnx for ur working and recomendations.  :thanks:
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on December 13, 2013, 03:07:46 PM
Value bhai added today in pf. thnx for ur working and recomendations.  :thanks:

just wait for 6 months, it will beat every thing in sha Allah
Title: Re: REWM -- Reliance weaving mills
Post by: Nousherwan on December 13, 2013, 04:59:06 PM
Value bhai added today in pf. thnx for ur working and recomendations.  :thanks:

just wait for 6 months, it will beat every thing in sha Allah

Insha Allah.  :thumbsup_anim:
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on December 13, 2013, 07:07:25 PM
2013
exports to europe
7.11 %
2012
7.7%
Title: Re: REWM -- Reliance weaving mills
Post by: Dehan on December 13, 2013, 07:21:08 PM
2013
exports to europe
7.11 %
2012
7.7%

So direct benefit from GSP+ is very low for REWM.
Title: Re: REWM -- Reliance weaving mills
Post by: ziauddin on December 14, 2013, 06:30:39 PM
kitne rate par buying karni chahyee market correction legi?
Title: Re: REWM -- Reliance weaving mills
Post by: haris on December 16, 2013, 01:16:44 AM
 @value estimator bro I m thinking to sell ncl and buy rewm...do u think its a right decision or holding ncl is better option..kindly advice me
Title: Re: REWM -- Reliance weaving mills
Post by: Idris on December 18, 2013, 01:38:34 PM
Value Bhai..... REWM_ one more feather in your cap _ one more great call from you!
Jazak Allah Khairun
Title: Re: REWM -- Reliance weaving mills
Post by: PK on December 18, 2013, 01:52:53 PM
Valueestimator#Respect
Title: Re: REWM -- Reliance weaving mills
Post by: newbird on December 18, 2013, 01:55:17 PM
 :thanks:   value bhai 
Title: Re: REWM -- Reliance weaving mills
Post by: Irfankhan on December 18, 2013, 06:06:46 PM
 :clap1: :clap1: :clap1:
I bought on Monday 53000 shares at 40. ab to hoga Lao Maaal Insha Allah.
Thanks to Value bhai. :thumbsup_anim: :good
Title: Re: REWM -- Reliance weaving mills
Post by: jamalakhter on December 19, 2013, 01:41:53 AM
:clap1: :clap1: :clap1:
I bought on Monday 53000 shares at 40. ab to hoga Lao Maaal Insha Allah.
Thanks to Value bhai. :thumbsup_anim: :good
bro irfan what is ur T P
Title: Re: REWM -- Reliance weaving mills
Post by: Irfankhan on December 19, 2013, 03:35:43 AM
:clap1: :clap1: :clap1:
I bought on Monday 53000 shares at 40. ab to hoga Lao Maaal Insha Allah.
Thanks to Value bhai. :thumbsup_anim: :good
bro irfan what is ur T P
Bhai Abhi to maal uthaya hai for one year.
Jo bhe rate hoga after one year. i hope it willbe 80 or more as some cold Air of Europe GSP will come here too.
So will sleep on it  :lazy2:  agar Value bhai ne jagaya to phir bechna parega.
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on December 19, 2013, 11:37:45 PM
Rewm is looking good. once profit booking is done, it is likely to follow most pattern.
Title: Re: REWM -- Reliance weaving mills
Post by: PK on December 20, 2013, 12:15:19 AM
Rewm is looking good. once profit booking is done, it is likely to follow most pattern.
most? u mean msot? pattern  ? In short cap o cap ?
Title: Re: REWM -- Reliance weaving mills
Post by: Salammembers on December 28, 2013, 05:04:01 AM
Value bhai added today in pf. thnx for ur working and recomendations.  :thanks:

just wait for 6 months, it will beat every thing in sha Allah

REWM still 100%  better than blind buy -hirat/sfat or sazew
no tension with gauranteed return :rtfm: though choice is indeed ours
Title: Re: REWM -- Reliance weaving mills
Post by: PK on January 01, 2014, 09:52:39 AM
Valuee bhaiiiiiiiiiii .... Laoo maaal u rock man cap o cap ....  :clap1: :shoaby: :thumbsup_anim:
Greaaattttttttt ...... as predicted by u  hath nahi ayegaaaaaaaaaaaaaaaaa rewm...
Title: Re: REWM -- Reliance weaving mills
Post by: MMQ on January 01, 2014, 10:38:02 AM
 :clap1: :clap1: lao daily caps!
Title: Re: REWM -- Reliance weaving mills
Post by: Poker Face on January 01, 2014, 10:55:49 AM
hence the theory is again and again proved that every undervalued stock get its true worth. It is only a matter of being patient.

Good job Valueestimator bro  :good
Title: Re: REWM -- Reliance weaving mills
Post by: Irfankhan on January 01, 2014, 10:40:36 PM
hence the theory is again and again proved that every undervalued stock get its true worth. It is only a matter of being patient.

Good job Valueestimator bro  :good

Correct  :dance :dance :dance

Thanks Value bhai Zabardast
 :thanks:
Title: Re: REWM -- Reliance weaving mills
Post by: Salammembers on January 02, 2014, 09:10:26 AM
hence the theory is again and again proved that every undervalued stock get its true worth. It is only a matter of being patient.

Good job Valueestimator bro  :good

Correct  :dance :dance :dance

Thanks Value bhai Zabardast
 :thanks:
But where is value bhai nowdays :rtfm:
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on January 02, 2014, 03:48:22 PM
hence the theory is again and again proved that every undervalued stock get its true worth. It is only a matter of being patient.

Good job Valueestimator bro  :good

Correct  :dance :dance :dance

Thanks Value bhai Zabardast
 :thanks:
But where is value bhai nowdays :rtfm:

(http://geek-news.mtv.com/wp-content/uploads/2011/06/scrooge.jpg)
Title: Re: REWM -- Reliance weaving mills
Post by: Irfankhan on January 06, 2014, 06:26:06 PM

is ko foran 70 karo bhai yeh bohot peechay tha

 :shoaby: :shoaby: :shoaby:

 :dance :fingerscrossed1:
Title: Re: REWM -- Reliance weaving mills
Post by: asim.786 on January 06, 2014, 11:27:33 PM

is ko foran 70 karo bhai yeh bohot peechay tha

 :shoaby: :shoaby: :shoaby:

 :dance :fingerscrossed1:
:clap1: :thumbsup_anim: :dance
Title: Re: REWM -- Reliance weaving mills
Post by: asim.786 on January 07, 2014, 06:05:20 PM

is ko foran 70 karo bhai yeh bohot peechay tha

 :shoaby: :shoaby: :shoaby:

 :dance :fingerscrossed1:
:clap1: :thumbsup_anim: :dance
slow and steady win the race
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on January 08, 2014, 08:19:10 AM

is ko foran 70 karo bhai yeh bohot peechay tha

 :shoaby: :shoaby: :shoaby:

 :dance :fingerscrossed1:
:clap1: :thumbsup_anim: :dance
slow and steady win the race

70 ka bhi ho ga aur 100 ka bhi ho ga.
Title: Re: REWM -- Reliance weaving mills
Post by: Avi2013 on January 08, 2014, 11:20:39 AM
LAOOOOOOOO  :thumbsup_anim: :thumbsup_anim: :thumbsup_anim:
Title: Re: REWM -- Reliance weaving mills
Post by: aliraza on January 08, 2014, 11:32:12 AM
LAOOOOOOOO  :thumbsup_anim: :thumbsup_anim: :thumbsup_anim:

one month ma double ho gayyyyyyyyy  :shoaby:
Title: Re: REWM -- Reliance weaving mills
Post by: Avi2013 on January 08, 2014, 09:40:20 PM

is ko foran 70 karo bhai yeh bohot peechay tha

 :shoaby: :shoaby: :shoaby:

 :dance :fingerscrossed1:
:clap1: :thumbsup_anim: :dance
slow and steady win the race

70 ka bhi ho ga aur 100 ka bhi ho ga.

Wase yeh kahan tak jaa sakta hai ab ?? 80+ ???  ;) ;)
Title: Re: REWM -- Reliance weaving mills
Post by: Avi2013 on January 10, 2014, 04:12:48 PM
Seniors plz guide...sell ya phr or buy kiya jae isko ???
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on January 11, 2014, 12:26:13 PM
Seniors plz guide...sell ya phr or buy kiya jae isko ???

The purpose of this correction is just to get stocks from the weak holders.

the same thing has happened with msot when it came down from 140 to 120
Title: Re: REWM -- Reliance weaving mills
Post by: sherazzulfiqar on January 12, 2014, 12:08:49 AM
Seniors plz guide...sell ya phr or buy kiya jae isko ???

The purpose of this correction is just to get stocks from the weak holders.

the same thing has happened with msot when it came down from 140 to 120

I do not agree with your above statement, it only happen to make equilibrium previously demand was so high and now supply is very high. It will go further down if no news come for texitle
 :bangin:
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on January 12, 2014, 01:13:29 AM
Seniors plz guide...sell ya phr or buy kiya jae isko ???

The purpose of this correction is just to get stocks from the weak holders.

the same thing has happened with msot when it came down from 140 to 120

I do not agree with your above statement, it only happen to make equilibrium previously demand was so high and now supply is very high. It will go further down if no news come for texitle
 :bangin:

I will rephrase it for value bhai ..

there is selling as weak holders who do not know the true worth of the share move out.
Title: Re: REWM -- Reliance weaving mills
Post by: Avi2013 on January 13, 2014, 06:56:35 PM
Necha ka safar start  :bangin:
Title: Re: REWM -- Reliance weaving mills
Post by: asim.786 on January 13, 2014, 06:58:42 PM
Necha ka safar start  :bangin:
thanks GOD I sold half @ 61
Title: Re: REWM -- Reliance weaving mills
Post by: CanBull on January 13, 2014, 07:00:44 PM
Back to 40-44  :o
Title: Re: REWM -- Reliance weaving mills
Post by: Irfankhan on January 13, 2014, 07:03:42 PM
Back to 40-44  :o
Bhai dont worry will addup some more below 50.

 :fingerscrossed1:
Title: Re: REWM -- Reliance weaving mills
Post by: Avi2013 on January 13, 2014, 08:41:30 PM
I sold my 10k at 58  :D
52 ki buying thi....happy now :)

Shukar hai rab ka  :laugh:
Title: Re: REWM -- Reliance weaving mills
Post by: hammad01 on January 13, 2014, 10:28:42 PM
Textile compaanies that have very strong fundamentals and have growth potential should not be sold below p/e level of 3. I would start offloading 50% b/w RS 68-90 and for remaining 50% will wait long term or any negative turnaround in textile. 
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on January 13, 2014, 10:39:32 PM
Its honda 125
Title: Re: REWM -- Reliance weaving mills
Post by: sherazzulfiqar on January 13, 2014, 11:55:45 PM
Its honda 125

Yes indeed but why it is acting like Yamaha 100cc  :dunno:
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on January 17, 2014, 11:58:24 PM
Its honda 125

Yes indeed but why it is acting like Yamaha 100cc  :dunno:

agar rozana cap ho tu 1 million ka ho jay ga kisi din,  laikin es ko siraf 125 ka hona hay es saal in sha Allah.

patience is the key to equity investments.

Title: Re: REWM -- Reliance weaving mills
Post by: Pansota on January 18, 2014, 12:19:07 AM
Its honda 125

Yes indeed but why it is acting like Yamaha 100cc  :dunno:

agar rozana cap ho tu 1 million ka ho jay ga kisi din,  laikin es ko siraf 125 ka hona hay es saal in sha Allah.

patience is the key to equity investments.

Value bhai, 61 pay Honda 125 se utar kay, I shifted to Suzuki intruder (SFL), this is powerful, 800 cc  ;)
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on January 18, 2014, 11:15:22 AM
Its honda 125

Yes indeed but why it is acting like Yamaha 100cc  :dunno:

agar rozana cap ho tu 1 million ka ho jay ga kisi din,  laikin es ko siraf 125 ka hona hay es saal in sha Allah.

patience is the key to equity investments.

Value bhai, 61 pay Honda 125 se utar kay, I shifted to Suzuki intruder (SFL), this is powerful, 800 cc  ;)

good for you.
Title: Re: REWM -- Reliance weaving mills
Post by: ziauddin on January 18, 2014, 12:32:00 PM
dhakka lagao rewm ko cap o cap ki taraf ..... Value bhai hum tumhare saath hai :good :s1:
Title: Re: REWM -- Reliance weaving mills
Post by: haris on February 13, 2014, 11:10:53 AM
valuee..bhaii..rewm..ko..bhi..cala..dain..yeh..tu..bilkull..he..stuck..hogaya..hai
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on February 13, 2014, 11:43:03 AM
valuee..bhaii..rewm..ko..bhi..cala..dain..yeh..tu..bilkull..he..stuck..hogaya..hai

wait for hy result
Title: Re: REWM -- Reliance weaving mills
Post by: ziauddin on February 18, 2014, 07:47:45 PM
neche ata hi ja raha hai value bahi kiya kare ..plz suggest
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on February 18, 2014, 08:26:04 PM
neche ata hi ja raha hai value bahi kiya kare ..plz suggest

hold
Title: Re: REWM -- Reliance weaving mills
Post by: ziauddin on February 18, 2014, 10:54:56 PM
thank you @sbm sir
Title: Re: REWM -- Reliance weaving mills
Post by: haris on February 20, 2014, 11:04:24 PM
valuee..bhai..textile..shares...rooz..nechay..ja..rahay..hai..whats..ur..view?
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on February 21, 2014, 10:04:05 AM
valuee..bhai..textile..shares...rooz..nechay..ja..rahay..hai..whats..ur..view?

When earnings would go down only then there is a need to worry about. so far everything is intact. no change in view.

except ncl, results are in line with expectations. next week will be decisive.
Title: Re: REWM -- Reliance weaving mills
Post by: sanwar on February 21, 2014, 10:13:24 AM
valuee..bhai..textile..shares...rooz..nechay..ja..rahay..hai..whats..ur..view?

When earnings would go down only then there is a need to worry about. so far everything is intact. no change in view.

except ncl, results are in line with expectations. next week will be decisive.
Dear ValueEstimator bhai, would it be wise to get rid of NCL at current rate...??
Title: Re: REWM -- Reliance weaving mills
Post by: Abid70 on February 21, 2014, 10:15:39 AM
Value bhai... though it is not relevant thread but your guidance is sought about JDMT... should add more... what is expected half year eps of jdmt... thanks in advance.
Title: Re: REWM -- Reliance weaving mills
Post by: Nousherwan on February 27, 2014, 10:02:03 PM
Dear Value Bhai,

Kuch ziada wapis nhin a gya. Any inside?
Title: Re: REWM -- Reliance weaving mills
Post by: Irfankhan on February 27, 2014, 10:22:08 PM
Added 25% more at 45-49  :fingerscrossed1:
Title: Re: REWM -- Reliance weaving mills
Post by: asim.786 on February 28, 2014, 12:21:04 AM
Added 25% more at 45-49  :fingerscrossed1:
Result kasa bhe ho don't b panic
Jitna girna tha gir gIa  result kee negativity Ko discount karrr juka ha
So now hold tomorrow shudd be last last downfall


Title: Re: REWM -- Reliance weaving mills
Post by: aliraza on February 28, 2014, 02:24:18 PM



http://www.kse.com.pk/notices-updates/detail2.php?id=4&nid=051540&qsid=298
Title: Re: REWM -- Reliance weaving mills
Post by: asim.786 on February 28, 2014, 07:24:48 PM
Added 25% more at 45-49  :fingerscrossed1:
Result kasa bhe ho don't b panic
Jitna girna tha gir gIa  result kee negativity Ko discount karrr juka ha
So now hold tomorrow shudd be last last downfall
:good
Title: Re: REWM -- Reliance weaving mills
Post by: ziauddin on March 04, 2014, 10:42:56 AM
http://pakistan-stocks.blogspot.com/2014/03/rewm-reliance-weaving-mills-ltd-company.html
Title: Re: REWM -- Reliance weaving mills
Post by: Farrukh Muqeem on March 11, 2014, 03:51:35 PM
Seniors..... can anybody please tell why REWM is constantly showing downward trend ??
Title: Re: REWM -- Reliance weaving mills
Post by: asim.786 on March 11, 2014, 06:53:20 PM
Seniors..... can anybody please tell why REWM is constantly showing downward trend ??
All textile in pressure
So hold this is buying price
Next textile will move
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on March 11, 2014, 06:54:50 PM
Seniors..... can anybody please tell why REWM is constantly showing downward trend ??
[/quote

rupee strength
Title: Re: REWM -- Reliance weaving mills
Post by: ziauddin on March 11, 2014, 08:12:14 PM
i thinks its best time to accumulate dip wise strong textile companies...kyun k log bus maal nikal rahe hai aur illiquid hone ki waja se stocks textile k gir rahe hai par kuch aese companies textile men hai jin k andar ab bhi upside hai jaisey k rewm
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on March 11, 2014, 08:27:11 PM
decline in price is mainly due to slowing down of demand from china which has impacted negatively on yarn prices which has put pressure on margins, rupee appreciation, decline in profitability, gas load shedding and profit taking in the stock.

in addition pakistan is importing yarn from india.

Title: Re: REWM -- Reliance weaving mills
Post by: hammad01 on March 12, 2014, 08:27:23 AM
decline in price is mainly due to slowing down of demand from china which has impacted negatively on yarn prices which has put pressure on margins, rupee appreciation, decline in profitability, gas load shedding and profit taking in the stock.

in addition pakistan is importing yarn from india.

so value bhai is this profit taking price for REWM or hold
Title: Re: REWM -- Reliance weaving mills
Post by: Nousherwan on March 12, 2014, 05:46:24 PM
Value Bhai, Any revised strategy or stoploss advised for rewm keeping in mind the current selling wave though i expect it not to breach 40 and a sharp recovery due to its volatile trend and perhaps weak holders will be out now.
Title: Re: REWM -- Reliance weaving mills
Post by: aliraza on March 13, 2014, 11:43:45 AM


today buy rewm 5k 41.22 dahkoo ka hota haaa  :skeptic:
Title: Re: REWM -- Reliance weaving mills
Post by: Dehan on March 13, 2014, 12:24:21 PM


today buy rewm 5k 41.22 dahkoo ka hota haaa  :skeptic:

Same action by me as well.
Title: Re: REWM -- Reliance weaving mills
Post by: aliraza on March 13, 2014, 12:27:31 PM


today buy rewm 5k 41.22 dahkoo ka hota haaa  :skeptic:

Same action by me as well.

dehan bhai best of luck :good
Title: Re: REWM -- Reliance weaving mills
Post by: Hobbyist on March 13, 2014, 11:17:39 PM
http://fatima-group.com/relianceweaving/pdf/rwml_hqt_2013.pdf
from half year report:
"During last couple of months, Company faced adverse effect of sluggish international Market demand particularly from China, which hampered its way to further improvement. Nonetheless these effects were managed and minimized by diverse range of products to niche market of yarn and fabric...

L/Cs of new 13200 spindles have been established which will start commercial production in first quarter of next financial year. Management is also arranging contract with Fatima Energy Limited to invest in coal fired power project which will in return ensure uninterrupted power supply to the Company over foreseeable future. "
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on April 08, 2014, 03:41:11 PM
(http://i1012.photobucket.com/albums/af242/ouulman/rewmsegementalreportingdec2013_zpsa122c411.png)
Title: Re: REWM -- Reliance weaving mills
Post by: MZ on April 23, 2014, 10:56:17 PM
Reliance Weaving Mills Limited (KSE: REWM) is a subsidiary of the FATIMA group of companies that was incorporated two decades ago in 1990 and is headquartered in Multan. The firm is engaged in the manufacturing and export of cotton, synthetic yarn and woven and processed fabric.

REWM initially started its production as a single weaving unit. Currently, it has the production facility of 48,720 spindles (two units) and 296 looms (two units) with annual capacity of 56.5 million meter of grey cloth and 16 million kilograms of yarn. REWM has an encouraging export sales mix and overall industry export market share of 0.3 percent. The company supplies its products to the residential and contract customers in the USA, Europe, Middle East, Far East, China and other Asian countries.

PERFORMANCE FOR 1H FY14 REWM performance has been favourable in the pre-GSP+ era as seen in the financial results posted for 1H FY14. The company was able to achieve strong top line expansion primarily due to considerable rise in net sales of Rs 5.69 billion, improving significantly by 23 percent year on year against net sales of Rs 4.62 billion attained in the same period of last year. Both spinning and weaving segments of REWM performed comparatively well. Yet the weaving segment clinched the benefits of rupee depreciation from its fabric export during early months of the half year.

Efficient management of core operations allowed for gross margin enhancement. Gross profit margin for the period was calculated at 13.6 percent. The gross profit was improved up by 43 percent year on year. Significant top line growth allowed net profit after tax to clock in at Rs 263 million, up by 25 percent year on year. Prices of cotton remained steady throughout the period and advanced purchasing of this raw material helped to generate price benefit to the bottom line of the company.

During the October-December quarter of the period under review, REWM suffered from adverse effects of sluggish international market demand, predominantly from China which hampered its way to further improvement. Nevertheless, these effects were managed and decreased by diverse range of products to the niche markets of yarn and fabric.

However, notable pressure to bottom line is witnessed from increased non-core operating costs of Rs 455 million, up significantly by 55 percent year on year against cost of Rs 294 million. That happened due to increase in distribution and marketing, administrative and finance costs increasing by 32 percent year on year, 29 percent year on year and 27 percent year on year, respectively.

The company's fixed assets have increased by 49 percent year on year mostly due to the addition of new spindles in their production facilities. However, attrition in fixed asset turnover in 1HFY14 of 1.35 and total asset turnover of 0.57 is attributed to underutilization of the capacities due to disruption in energy supply.

The company maintains optimal capital structure in order to create balance between financing requirements and cost of capital that resultantly creates value for shareholders. Strong performance in 1H FY14 allowed the company to reward investors' interest by an earning per share of Rs 6.33 compared to Rs 4.94 for the same period of the previous financial year.

FUTURE OUTLOOK
REWM is actively involved in modernising and expanding its production capabilities by installing 11 new state-of-the-art ring frames consisting of 13,200 spindles while opening up an additional 13,200 spindles at the new spinning unit in Multan.

To boost weaving activities, the management was planning installation of 40 cutting edge 'Tsudakoma Air Jet' looms during the January-March quarter. The company is also arranging contract with Fatima Energy Limited to invest in coal-fired power project which will in return ensure uninterrupted power supply to the company over foreseeable future. These expansions are anticipated to provide the firm with the ability to further increase profitability and expand its market share.

With the initiation of GSP+ status of trade with the EU, prospects of textile industry look promising. The benefits of this facility are expected to flow to every sector of the industry and help accelerate the growth and provide new employment opportunities. With REWM exports making up 63 percent of its total sales, the management expects significant improvements in revenues and profitability in 2H FY14.

============================================================
Profitability
------------------------------------------------------------
Gross profit margin                        11.7%       13.6%
Operating profit margin                     8.9%       10.7%
Net profit margin                           4.5%        4.6%
ROE                                        12.0%       11.3%
ROA                                         3.0%        2.6%
------------------------------------------------------------
Liquidity
------------------------------------------------------------
Current ratio                               0.95        0.97
Quick ratio                                 0.38        0.36
------------------------------------------------------------
Turnover
------------------------------------------------------------
Total asset turnover                        0.66        0.57
Fixed asset turnover                        1.63        1.35
------------------------------------------------------------
Market
------------------------------------------------------------
EPS - Rs                                     6.8        8.54
============================================================
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on April 29, 2014, 03:12:01 AM
http://www.kse.com.pk/newsattachment/053873.pdf

blech.
Title: Re: REWM -- Reliance weaving mills
Post by: Idris on April 29, 2014, 06:46:34 AM
http://www.kse.com.pk/newsattachment/053873.pdf

blech.

SBM bhai, what is the reason for high cost of Sales in this quarter? Is it the rupee appreciation due to which the already available stock/inventory becomes expensive? This is common observation for all the textiles and I am asking you this for my learning. Regards
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on May 03, 2014, 06:24:06 AM
http://www.fatima-group.com/relianceweaving/pdf/rwml_20140331.pdf
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on May 03, 2014, 06:43:34 AM
http://www.kse.com.pk/newsattachment/053873.pdf

blech.

SBM bhai, what is the reason for high cost of Sales in this quarter? Is it the rupee appreciation due to which the already available stock/inventory becomes expensive? This is common observation for all the textiles and I am asking you this for my learning. Regards

Cost of sales is higher this year compared with last thanks to higher raw material (cotton) price and higher energy charges as welll
This quarter some companies sales are lower because of weaker demand, lower price of yarn in the market, and appreciation of the rupee.

Rupee appreciation  will never make existing inventory expensive, in fact it will cause its value to go down. 
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on May 03, 2014, 09:07:16 AM
http://www.kse.com.pk/newsattachment/053873.pdf

blech.

SBM bhai, what is the reason for high cost of Sales in this quarter? Is it the rupee appreciation due to which the already available stock/inventory becomes expensive? This is common observation for all the textiles and I am asking you this for my learning. Regards

Cost of sales is higher this year compared with last thanks to higher raw material (cotton) price and higher energy charges as welll
This quarter some companies sales are lower because of weaker demand, lower price of yarn in the market, and appreciation of the rupee.

Rupee appreciation  will never make existing inventory expensive, in fact it will cause its value to go down.

The problem is top line in local currency terms.
Title: Re: REWM -- Reliance weaving mills
Post by: onlybulls on May 03, 2014, 04:37:18 PM
http://www.kse.com.pk/newsattachment/053873.pdf

blech.

SBM bhai, what is the reason for high cost of Sales in this quarter? Is it the rupee appreciation due to which the already available stock/inventory becomes expensive? This is common observation for all the textiles and I am asking you this for my learning. Regards

Cost of sales is higher this year compared with last thanks to higher raw material (cotton) price and higher energy charges as welll
This quarter some companies sales are lower because of weaker demand, lower price of yarn in the market, and appreciation of the rupee.

Rupee appreciation  will never make existing inventory expensive, in fact it will cause its value to go down.

The problem is top line in local currency terms.
Full year eps Can we expect little better ? Or still like 9 month's Bad eps ? Valueestimator sir ?
Title: Re: REWM -- Reliance weaving mills
Post by: Irfankhan on May 03, 2014, 09:43:42 PM
june results will be better but september result canbe robust.

dollar recovering in interbank at 98.50 closing yesterday.

Beneits of GSP+ willbe stronger in comming months.

Cotton prices internationally improving means demand going to come.

yarn prices to improve -----

 :shoaby: :shoaby: :shoaby:
Title: Re: REWM -- Reliance weaving mills
Post by: Irfankhan on May 03, 2014, 09:46:42 PM
june results will be better but september result canbe robust.

dollar recovering in interbank at 98.50 closing yesterday.

Beneits of GSP+ willbe stronger in comming months.

Cotton prices internationally improving means demand going to come.

yarn prices to improve -----

 :shoaby: :shoaby: :shoaby:

In addition to that, some yarn mills locally closing because of weak customers. and REWM do export and have international maket support.

Laoo Maaal Insha Allah
Title: Re: REWM -- Reliance weaving mills
Post by: onlybulls on May 07, 2014, 08:39:39 PM
Sara din REWM green with around 1.50 rs + rehta hai but last bohat dino se koi na koi bhai end pe 500 to 1000 shares down rate per sale ker kay iska band bja jata hai just near closing time of market.  huhu  huhu  huhu  huhu .
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on May 09, 2014, 12:18:24 PM
http://www.kse.com.pk/newsattachment/054515.pdf

chalo ji ..
first they increased it to 2.2 billion now to 4 billion

REWM might issue rights to finance this investment
on the plus side company will become more of  power plant with textile operations in the future.
Title: Re: REWM -- Reliance weaving mills
Post by: Irfankhan on June 07, 2014, 04:24:08 AM
http://www.kse.com.pk/newsattachment/054515.pdf

chalo ji ..
first they increased it to 2.2 billion now to 4 billion

REWM might issue rights to finance this investment
on the plus side company will become more of  power plant with textile operations in the future.

Bhai it seems that this share is going to take longer time now as investrs not interested in long term script.
All investors want quick money which might not be the case in this script.

What are short term TP from seniors? in case market takes some correction.

Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on June 28, 2014, 10:59:59 PM
http://www.kse.com.pk/newsattachment/054515.pdf

chalo ji ..
first they increased it to 2.2 billion now to 4 billion

REWM might issue rights to finance this investment
on the plus side company will become more of  power plant with textile operations in the future.

Bhai it seems that this share is going to take longer time now as investrs not interested in long term script.
All investors want quick money which might not be the case in this script.

What are short term TP from seniors? in case market takes some correction.

In the medium term, the company is good. Diversification into energy business. part of fatima group, pays dividend when in profit, low price to book (0.5) and low pe (less than 4 based on avg eps of last 3 years), fairly large sales abovfe 10 billion against total shares of 30.8 million compared to 55 billion of nml sales for 351 millions.
Title: Re: REWM -- Reliance weaving mills
Post by: Irfankhan on June 29, 2014, 01:44:28 AM
http://www.kse.com.pk/newsattachment/054515.pdf

chalo ji ..
first they increased it to 2.2 billion now to 4 billion

REWM might issue rights to finance this investment
on the plus side company will become more of  power plant with textile operations in the future.

Bhai it seems that this share is going to take longer time now as investrs not interested in long term script.
All investors want quick money which might not be the case in this script.

What are short term TP from seniors? in case market takes some correction.

In the medium term, the company is good. Diversification into energy business. part of fatima group, pays dividend when in profit, low price to book (0.5) and low pe (less than 4 based on avg eps of last 3 years), fairly large sales abovfe 10 billion against total shares of 30.8 million compared to 55 billion of nml sales for 351 millions.
Yes there is a difference however liquidity in trading of shares is very low.
i was thinking last couple sessions that if somebody comes with 25,000 shares to sell will make this share trade 2 rupee low and dont know when the major support is to buy.
if somebody buys now 10,000 shares they can get 1 or 2 rupee up and then when comes to selling it will sell 1 or 2 rupee less means 3-4 rupee loss is imminent if somebody is short term player and if the market goes volatile then nobody knows what weakholders do when they feel losses from other shares.
Please give us some idea that out of 6million shares in public if a fund or individual has 5 lac shares they can sell 100,000 shares at market rate to reduce the rate and take this share rate to 5-6 rupee down where public can offload and when public sells it breaks all barriers.
need to have your expert idea. we have seen this shares gone from 65 to 35 just in 5 month period and i just feel that if the company has long term benefits only, then the big b's will want to reduce the rate and get more benefit until it gives bonus or something real boost.
Kindly share. :confused1:
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on June 29, 2014, 11:17:24 AM
http://www.kse.com.pk/newsattachment/054515.pdf

chalo ji ..
first they increased it to 2.2 billion now to 4 billion

REWM might issue rights to finance this investment
on the plus side company will become more of  power plant with textile operations in the future.

Bhai it seems that this share is going to take longer time now as investrs not interested in long term script.
All investors want quick money which might not be the case in this script.

What are short term TP from seniors? in case market takes some correction.

In the medium term, the company is good. Diversification into energy business. part of fatima group, pays dividend when in profit, low price to book (0.5) and low pe (less than 4 based on avg eps of last 3 years), fairly large sales abovfe 10 billion against total shares of 30.8 million compared to 55 billion of nml sales for 351 millions.
Yes there is a difference however liquidity in trading of shares is very low.
i was thinking last couple sessions that if somebody comes with 25,000 shares to sell will make this share trade 2 rupee low and dont know when the major support is to buy.
if somebody buys now 10,000 shares they can get 1 or 2 rupee up and then when comes to selling it will sell 1 or 2 rupee less means 3-4 rupee loss is imminent if somebody is short term player and if the market goes volatile then nobody knows what weakholders do when they feel losses from other shares.
Please give us some idea that out of 6million shares in public if a fund or individual has 5 lac shares they can sell 100,000 shares at market rate to reduce the rate and take this share rate to 5-6 rupee down where public can offload and when public sells it breaks all barriers.
need to have your expert idea. we have seen this shares gone from 65 to 35 just in 5 month period and i just feel that if the company has long term benefits only, then the big b's will want to reduce the rate and get more benefit until it gives bonus or something real boost.
Kindly share. :confused1:

such shares should be sold at some positive event like result announcement, beofore div ex date, disclosure of annual report etc. At that time these can be sold at premium. And should be bought when such shares are in distress.

overall return would be high.
Title: Re: REWM -- Reliance weaving mills
Post by: Hobbyist on September 19, 2014, 01:19:42 PM
result to be announced in pre-open next monday, sep 29
http://kse.com.pk/newsattachment/057343.pdf
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on September 25, 2014, 04:13:56 PM
up 4.3%,  :clap1: :clap1: :clap1: :clap1: :clap1: :clap1:
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on September 25, 2014, 04:41:05 PM
up 4.3%,  :clap1: :clap1: :clap1: :clap1: :clap1: :clap1:


Wake me when its 60+  :down: :crying_anim02:
Title: Re: REWM -- Reliance weaving mills
Post by: Irfankhan on September 25, 2014, 05:01:07 PM
up 4.3%,  :clap1: :clap1: :clap1: :clap1: :clap1: :clap1:


Wake me when its 60+  :down: :crying_anim02:
Bhai first change your symbol it says I hate waking up.

show this :- I love waking up.

so we should try....
Title: Re: REWM -- Reliance weaving mills
Post by: Dr nouman on September 25, 2014, 05:06:57 PM
up 4.3%,  :clap1: :clap1: :clap1: :clap1: :clap1: :clap1:
what are expectations of result... :thanks:
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on September 26, 2014, 10:07:48 AM
up 4.3%,  :clap1: :clap1: :clap1: :clap1: :clap1: :clap1:
what are expectations of result... :thanks:

 :clap1: :clap1: :clap1: :clap1:
Title: Re: REWM -- Reliance weaving mills
Post by: PK on September 26, 2014, 04:41:38 PM
up 4.3%,  :clap1: :clap1: :clap1: :clap1: :clap1: :clap1:
Bro .. 80+ intact ? Been arnd 12 months m holding it .. 2 rs div + 15 rs trade difference mine avg is almost 23 per share .
Title: Re: REWM -- Reliance weaving mills
Post by: genious.genio on September 26, 2014, 04:55:23 PM
up 4.3%,  :clap1: :clap1: :clap1: :clap1: :clap1: :clap1:
Bro .. 80+ intact ? Been arnd 12 months m holding it .. 2 rs div + 15 rs trade difference mine avg is almost 23 per share .

40 pe mile monday ko to kesa ha for short term??
Title: Re: REWM -- Reliance weaving mills
Post by: PK on November 14, 2014, 10:40:50 PM
Some much selling arnd 40  :[ ... but buyer b hain .. from 33x to 39 there's been good buying Lao lagta hain .. added more at 35 almost tripled the qty now  :D
Title: Re: REWM -- Reliance weaving mills
Post by: Irfankhan on November 29, 2014, 01:39:12 PM
up 4.3%,  :clap1: :clap1: :clap1: :clap1: :clap1: :clap1:
Bro .. 80+ intact ? Been arnd 12 months m holding it .. 2 rs div + 15 rs trade difference mine avg is almost 23 per share .
Bhai 2015 shuru honay wala hai.

Value Bhai please advise when its power generation is going to start. and profit will come into which quarter.

thank you.
Title: Re: REWM -- Reliance weaving mills
Post by: Pansota on November 29, 2014, 02:36:29 PM
up 4.3%,  :clap1: :clap1: :clap1: :clap1: :clap1: :clap1:
Bro .. 80+ intact ? Been arnd 12 months m holding it .. 2 rs div + 15 rs trade difference mine avg is almost 23 per share .
Bhai 2015 shuru honay wala hai.

Value Bhai please advise when its power generation is going to start. and profit will come into which quarter.

thank you.

thats in 2016
Title: Re: REWM -- Reliance weaving mills
Post by: Dehan on November 29, 2014, 06:03:34 PM
up 4.3%,  :clap1: :clap1: :clap1: :clap1: :clap1: :clap1:
Bro .. 80+ intact ? Been arnd 12 months m holding it .. 2 rs div + 15 rs trade difference mine avg is almost 23 per share .
Bhai 2015 shuru honay wala hai.

Value Bhai please advise when its power generation is going to start. and profit will come into which quarter.

thank you.

thats in 2016
Sooday to idhar b kafi dair say paray hovay hain. Laikin abi tak 40 pa moot mandalnein lugti hay. Hopefully ab Dec-14 is ki manhosiat ka last month ho ga. Aur Jan-15 say nia saal aur nai khani.
Insha Allah
Title: Re: REWM -- Reliance weaving mills
Post by: umer on November 29, 2014, 06:23:55 PM
up 4.3%,  :clap1: :clap1: :clap1: :clap1: :clap1: :clap1:
Bro .. 80+ intact ? Been arnd 12 months m holding it .. 2 rs div + 15 rs trade difference mine avg is almost 23 per share .
Bhai 2015 shuru honay wala hai.

Value Bhai please advise when its power generation is going to start. and profit will come into which quarter.

thank you.

thats in 2016
Sooday to idhar b kafi dair say paray hovay hain. Laikin abi tak 40 pa moot mandalnein lugti hay. Hopefully ab Dec-14 is ki manhosiat ka last month ho ga. Aur Jan-15 say nia saal aur nai khani.
Insha Allah
Janta ka confidence strong hone ke dair hai bus. Uske badh laoo mall 40+.
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on November 29, 2014, 08:24:38 PM
someone asked when fatima energy would start sale of power to govt.

As per my research and info from the lenders, it would start from first quarter of 2016. LC's have been issued for the plant and machinery and construction work is in progress.

Once this is complete, it will have major impact on share price and eps since there is about 35 mega watt of electricity against 30 million shares of rewm. total plant capacity is over 100 mw.

power project is likely to contribute 5-7 rupees per share of REWM. the risk is high leverage and tough conditions in spinning business. however with declining oil, electricity rates, cotton rates, weaving business and stable exchange rate, the business is like to make profit in december quarter.
Title: Re: REWM -- Reliance weaving mills
Post by: umer on December 01, 2014, 04:54:47 PM
Today I received rewm dividend warrant upper portion as my mendate was to deposit dividend direct in kasb bank. After kasb issue kasb told that now mendate has been changed and client will get dividend at his home/office given address. But I just got mendate upper portion which shows regarding tax deduction so I called them to ask where below portion of dividend have gone which we deposit in bank so I called kasb bank they told that now second portion of dividend bank will send to our home/office address in a day or two because bank is not depositing it. So any body has same info kindly share.
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on December 01, 2014, 09:26:43 PM
Today I received rewm dividend warrant upper portion as my mendate was to deposit dividend direct in kasb bank. After kasb issue kasb told that now mendate has been changed and client will get dividend at his home/office given address. But I just got mendate upper portion which shows regarding tax deduction so I called them to ask where below portion of dividend have gone which we deposit in bank so I called kasb bank they told that now second portion of dividend bank will send to our home/office address in a day or two because bank is not depositing it. So any body has same info kindly share.

up till now all my dividends have been deposited at my kasb branch. I havent received any dividends at home.
As per my info, once the share has been X, any changes in mandate details do not reach the share registrar and they just send it to the old details.
Title: Re: REWM -- Reliance weaving mills
Post by: PK on January 01, 2015, 12:46:53 AM
Some much selling arnd 40  :[ ... but buyer b hain .. from 33x to 39 there's been good buying Lao lagta hain .. added more at 35 almost tripled the qty now  :D
1sept14 it recorded 52 weeks low of 31.91
29th sep14 it touched 40 with good volume's 411k failed to cross 40
11th dec 2014 it again touched 40 .. there was selling just before it touch the 40 mark
31stdec closes on upper circuit rate 39.96
This is the 3rd time this share is trying to cross 40 .. they way it is capped in last two session's i personally feel this time it will make it and .. will show some upside ..atleast arnd 45/50 with some positive news about textile policy ...whenever it has witnessed good volume's it has shown some upside after few session's/week .. let's hope this time too the pattern remains same good luck to me and all rewm holder's  :D
Title: Re: REWM -- Reliance weaving mills
Post by: Irfankhan on January 01, 2015, 02:57:53 AM
Some much selling arnd 40  :[ ... but buyer b hain .. from 33x to 39 there's been good buying Lao lagta hain .. added more at 35 almost tripled the qty now  :D
1sept14 it recorded 52 weeks low of 31.91
29th sep14 it touched 40 with good volume's 411k failed to cross 40
11th dec 2014 it again touched 40 .. there was selling just before it touch the 40 mark
31stdec closes on upper circuit rate 39.96
This is the 3rd time this share is trying to cross 40 .. they way it is capped in last two session's i personally feel this time it will make it and .. will show some upside ..atleast arnd 45/50 with some positive news about textile policy ...whenever it has witnessed good volume's it has shown some upside after few session's/week .. let's hope this time too the pattern remains same good luck to me and all rewm holder's  :D

Thanks for good wishes PK Bhai, I hope this should go 50+ before March 2015.

Textile policy ab tak aajani chaye. we can expect within a month or so.
Title: Re: REWM -- Reliance weaving mills
Post by: Koolfire on February 27, 2015, 11:46:43 PM
EPS 0.28 vs 8.54


http://kse.net.pk/newsattachment/063325.pdf
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on February 28, 2015, 12:06:02 AM
EPS 0.28 vs 8.54


http://kse.net.pk/newsattachment/063325.pdf

its a great result.
Q2 eps 1.76
grm healthy 13.2% (considering the current conditions of the industry)

added around 33 today
 :fingerscrossed1:
Title: Re: REWM -- Reliance weaving mills
Post by: umer on February 28, 2015, 12:10:26 AM
Textile sector ka bura hal hai isme Rewm ka result is not bad Qtr 1 was in Loss but Qtr 2 in profit so atleast it's good result. Hopefuly things will be more good in coming Qtrs. And that's why it given from floor to green closing.
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on March 05, 2015, 05:59:39 PM
http://www.nepra.org.pk/Licences/Licence%20Application/2015/Special%20Purpose%20Transmission%20License%20Application%20of%20Fatima%20Transmission%20Company%20Limited.PDF
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on March 05, 2015, 06:07:45 PM
http://www.fatima-group.com/relianceweaving/pdf/rwml_20141231.pdf
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on April 06, 2015, 02:14:40 PM
(http://www.nepra.org.pk/Admission%20Notices/2015/April/Fatima%20Energy.jpg)
Title: Re: REWM -- Reliance weaving mills
Post by: Irfankhan on April 06, 2015, 05:48:59 PM
Any impact of this brother?
Title: Re: REWM -- Reliance weaving mills
Post by: Atif1 on April 06, 2015, 07:44:39 PM
SBM bhai yeh mkt Kay sath recover Kiun nahin kar raha, any thing wrong :crying_anim02:
Title: Re: REWM -- Reliance weaving mills
Post by: jamalakhter on April 07, 2015, 04:00:16 PM
SBM bhai yeh mkt Kay sath recover Kiun nahin kar raha, any thing wrong :crying_anim02:
 
                                   90%textile sect is dawn ,it will rise with euro
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on April 24, 2015, 01:16:45 PM
http://www.nepra.org.pk/Licences/Licence%20Application/2015/Special%20Purpose%20Transmission%20License%20Application%20of%20Fatima%20Transmission%20Company%20Limited.PDF

http://www.nepra.org.pk/Licences/Licence%20Modification/2015/Issues-to-be-Discussed-in-the-Public-Hearing-FTCL.pdf

http://www.nepra.org.pk/Tariff/NTDC/2015/TRF-287%20NTDC%20DETERMINATION%20FY%202014-15%2023-04-2015%206291-93.PDF
Title: Re: REWM -- Reliance weaving mills
Post by: alicima on June 18, 2015, 01:56:06 PM
MATERIAL INFORMATION

http://www.kse.com.pk/newsattachment/066917.pdf
Title: Re: REWM -- Reliance weaving mills
Post by: Irfankhan on June 19, 2015, 04:52:04 AM
MATERIAL INFORMATION

http://www.kse.com.pk/newsattachment/066917.pdf

Is ka koi pata nahi hay.

It can rock or roll.

several times 1 lac 2 lac 3 lac k buyers on the Upper lock reh chukkay hain magar :thumbsdown_anim:  Thanday hojatay hain.

Its good for me if this company share rocks but it just gives sudden one or two caps and then go down to the pavillian.

 :tongue:  huhu

Title: Re: REWM -- Reliance weaving mills
Post by: Koolfire on September 28, 2015, 07:53:10 PM
Reliance Weaving Mills Limited   Annual   Oct 6th, 2015 12:30 PM
Title: Re: REWM -- Reliance weaving mills
Post by: Irfankhan on September 28, 2015, 08:00:03 PM
Reliance Weaving Mills Limited   Annual   Oct 6th, 2015 12:30 PM

Shukur hay abhi tak company chal rahi hay.

 :dance
Title: Re: REWM -- Reliance weaving mills
Post by: alicima on October 06, 2015, 04:06:11 PM
DVD nil - LPS (3.18)

http://www.kse.com.pk/newsattachment/070405.pdf

(http://www.kse.com.pk/newsimage/070405-1.gif)
Title: Re: REWM -- Reliance weaving mills
Post by: Irfankhan on October 28, 2015, 06:07:47 PM
This is going down and down.

Today was 25000 shares approx seller in window.

25000 sale hotay hotay 25 se neechay ajaiga lagta hai.

Koi hay is ko support karnay wala. ya farig hain sab.

 :confused1:

200k buyer comes and goes but it seems he is interested to show quantity and sell.

what are our expert seniors idea. :(
Title: Re: REWM -- Reliance weaving mills
Post by: Koolfire on October 29, 2015, 07:56:25 PM
1st qtr EPS 0.03 vs (1.48)
http://kse.net.pk/newsattachment/072367.pdf
Title: Re: REWM -- Reliance weaving mills
Post by: Pansota on October 31, 2015, 01:38:51 PM
FTCL is going to be operational by June 2017... How is FEL going to supply electricity for one year (from march 2016 to june 2017) ? SBM bro any ideas?  :skeptic:
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on November 01, 2015, 01:47:20 PM
FTCL is going to be operational by June 2017... How is FEL going to supply electricity for one year (from march 2016 to june 2017) ? SBM bro any ideas?  :skeptic:

kuch nhi hoga .. fel will also start in june 2017
there is a chance that fel might work at a reduced capacity and supply to fatima sugar only ..  dunno
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on February 08, 2016, 06:27:34 PM
(http://www.nepra.org.pk/Admission%20Notices/2016/Feb/Fatima%20Energy%20for%20Uploading/38x2%20Eng.jpg)
Title: Re: REWM -- Reliance weaving mills
Post by: sAr on February 08, 2016, 08:47:28 PM
Weaving Business kuch profit daiga is dafa? :dunno:
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on February 08, 2016, 09:16:00 PM
Weaving Business kuch profit daiga is dafa? :dunno:

low furnace oil prices can help a lot
lets c
Title: Re: REWM -- Reliance weaving mills
Post by: aftab ahmed on February 08, 2016, 11:40:57 PM
a part of textile
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on March 11, 2016, 01:00:08 AM
(http://puu.sh/nBRhi/861cff7bd9.png)

http://fatima-group.com/updata/files/files/105_20160307083556.pdf
Title: Re: REWM -- Reliance weaving mills
Post by: Alpha on March 11, 2016, 01:23:42 AM
(http://puu.sh/nBRhi/861cff7bd9.png)

http://fatima-group.com/updata/files/files/105_20160307083556.pdf

What is this? really?

Bad  :@
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on March 11, 2016, 01:30:02 AM
(http://puu.sh/nBRhi/861cff7bd9.png)

http://fatima-group.com/updata/files/files/105_20160307083556.pdf

What is this? really?

Bad  :@

they dont have the money
and its just cheaper for the sponsors to directly invest in fatima energy instead of investing in rewm(via rights )   and then rewm investing in FEL

btw, rewm has a very high depreciation charge ... so after adding back depreciaton. loss is just 3 million for the half year
Title: Re: REWM -- Reliance weaving mills
Post by: Irfankhan on March 11, 2016, 03:42:23 AM
(http://puu.sh/nBRhi/861cff7bd9.png)

http://fatima-group.com/updata/files/files/105_20160307083556.pdf

What is this? really?

Bad  :@

they dont have the money
and its just cheaper for the sponsors to directly invest in fatima energy instead of investing in rewm(via rights )   and then rewm investing in FEL

btw, rewm has a very high depreciation charge ... so after adding back depreciaton. loss is just 3 million for the half year

SBM bro the share is getting back to 10 rupee as june 2012 or its going to recover back something.
 :dunno:



Title: Re: REWM -- Reliance weaving mills
Post by: SBM on March 11, 2016, 10:40:55 AM
i think it will recover
Title: Re: REWM -- Reliance weaving mills
Post by: Alpha on March 11, 2016, 11:26:00 AM
(http://puu.sh/nBRhi/861cff7bd9.png)

http://fatima-group.com/updata/files/files/105_20160307083556.pdf

What is this? really?

Bad  :@

they dont have the money
and its just cheaper for the sponsors to directly invest in fatima energy instead of investing in rewm(via rights )   and then rewm investing in FEL

btw, rewm has a very high depreciation charge ... so after adding back depreciaton. loss is just 3 million for the half year

Thanks
Title: Re: REWM -- Reliance weaving mills
Post by: alicima on April 25, 2016, 04:22:45 PM
(http://i68.tinypic.com/34zab04.jpg)
Title: Re: REWM -- Reliance weaving mills
Post by: Pansota on June 16, 2016, 06:31:42 PM
Any update of Fatima Energy Limited (FEL)? Has it started production?  :skeptic:
Title: Re: REWM -- Reliance weaving mills
Post by: Irfankhan on June 24, 2016, 12:32:56 AM
Any update of Fatima Energy Limited (FEL)? Has it started production?  :skeptic:
No update. and no trading in this shares. who wants to sell. cannot sell and who want to buy can not buy.
This is PSX.

i think most people are stuck and no buyer of quantity.

i expect it to stay between 20-30 in next few months or a year,  Agay ga Value bhai is expert though right now he is busy concentrating NML.

 :confused1:
Title: Re: REWM -- Reliance weaving mills
Post by: alicima on October 07, 2016, 04:51:08 PM
4th qtr eps Rs 4

(http://i66.tinypic.com/9izee0.jpg)
(http://i63.tinypic.com/2s9ubs5.jpg)
Title: Re: REWM -- Reliance weaving mills
Post by: alicima on October 07, 2016, 06:46:36 PM
4th qtr eps Rs 4

(http://i66.tinypic.com/9izee0.jpg)
(http://i63.tinypic.com/2s9ubs5.jpg)
Get ready for double shah  :shoaby: :good
Title: Re: REWM -- Reliance weaving mills
Post by: rsuleman on October 07, 2016, 06:59:36 PM
4th qtr eps Rs 4

(http://i66.tinypic.com/9izee0.jpg)
(http://i63.tinypic.com/2s9ubs5.jpg)
Get ready for double shah  :shoaby: :good
The EPS of Rs 4 in 4Q resulted in upper lock, today.
What could be the reason for such a big jump in EPS in 4QFY16, whereas EPS of 3QFY16 was 0.14, only.
Likewise Loss/share in 4QFY15 was 3.89.
Title: Re: REWM -- Reliance weaving mills
Post by: alicima on October 07, 2016, 07:41:09 PM
4th qtr eps Rs 4

(http://i66.tinypic.com/9izee0.jpg)
(http://i63.tinypic.com/2s9ubs5.jpg)
Get ready for double shah  :shoaby: :good
The EPS of Rs 4 in 4Q resulted in upper lock, today.
What could be the reason for such a big jump in EPS in 4QFY16, whereas EPS of 3QFY16 was 0.14, only.
Likewise Loss/share in 4QFY15 was 3.89.

47% increase in gross margin in 4th qtr as compare to 3rd qtr
Gross profit - 3rd qtr 225 million ---- 4th qtr 331 million = 47%+

140% increase in other income in 4th qtr as compare to 3rd qtr

Associate ka loss increase na hota to 4th qtr main 0.25 ki earning before tax bhi add hoti
Title: Re: REWM -- Reliance weaving mills
Post by: rsuleman on October 07, 2016, 07:55:15 PM
4th qtr eps Rs 4

(http://i66.tinypic.com/9izee0.jpg)
(http://i63.tinypic.com/2s9ubs5.jpg)
Get ready for double shah  :shoaby: :good
The EPS of Rs 4 in 4Q resulted in upper lock, today.
What could be the reason for such a big jump in EPS in 4QFY16, whereas EPS of 3QFY16 was 0.14, only.
Likewise Loss/share in 4QFY15 was 3.89.

47% increase in gross margin in 4th qtr as compare to 3rd qtr
Gross profit - 3rd qtr 225 million ---- 4th qtr 331 million = 47%+

140% increase in other income in 4th qtr as compare to 3rd qtr

Associate ka loss increase na hota to 4th qtr main 0.25 ki earning before tax bhi add hoti
:thanks:
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on October 07, 2016, 08:11:12 PM
(http://puu.sh/rAEFE/372f9c78db.png)
Title: Re: REWM -- Reliance weaving mills
Post by: sAr on October 07, 2016, 10:20:17 PM
Drastic increase in weaving margins  :skeptic:
How?
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on October 08, 2016, 12:00:55 PM
Drastic increase in weaving margins  :skeptic:
How?

griege cloth pricing improved this year while energy costs reduced due to availability of rlng in the last quarter
Title: Re: REWM -- Reliance weaving mills
Post by: rsuleman on October 08, 2016, 01:40:39 PM
Drastic increase in weaving margins  :skeptic:
How?

griege cloth pricing improved this year while energy costs reduced due to availability of rlng in the last quarter
Based on the stated facts by SBM for the reasons of EPS of Rs 4 in 4QFY16, we can foresee bullishness in sentiments for REWM in the market.
Title: Re: REWM -- Reliance weaving mills
Post by: Koolfire on October 19, 2016, 07:34:35 PM
http://fatima-group.com/updata/files/files/114_20161017102041.pdf
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on October 28, 2016, 09:05:28 PM
(http://puu.sh/rYBO8/6dbaa71e49.png)


https://www.psx.com.pk/newsattachment/089378.pdf

decent result
Title: Re: REWM -- Reliance weaving mills
Post by: Irfankhan on November 23, 2016, 06:14:24 PM
 :dance

Nobody celebrating  :skeptic:
Itna time k baad thori buying aa gai hai. i thought it will not run till next year but chal tu raha hy.
Title: Re: REWM -- Reliance weaving mills
Post by: alicima on November 23, 2016, 06:42:47 PM
:dance

Nobody celebrating  :skeptic:
Itna time k baad thori buying aa gai hai. i thought it will not run till next year but chal tu raha hy.

4th qtr eps Rs 4

(http://i66.tinypic.com/9izee0.jpg)
(http://i63.tinypic.com/2s9ubs5.jpg)
Get ready for double shah  :shoaby: :good
I'm celebrating  :good
Title: Re: REWM -- Reliance weaving mills
Post by: Irfankhan on November 23, 2016, 07:36:35 PM
:dance

Nobody celebrating  :skeptic:
Itna time k baad thori buying aa gai hai. i thought it will not run till next year but chal tu raha hy.

4th qtr eps Rs 4

(http://i66.tinypic.com/9izee0.jpg)
(http://i63.tinypic.com/2s9ubs5.jpg)
Get ready for double shah  :shoaby: :good
I'm celebrating  :good

When is the next result expected?
Title: Re: REWM -- Reliance weaving mills
Post by: alicima on November 23, 2016, 08:35:17 PM
:dance

Nobody celebrating  :skeptic:
Itna time k baad thori buying aa gai hai. i thought it will not run till next year but chal tu raha hy.

4th qtr eps Rs 4

(http://i66.tinypic.com/9izee0.jpg)
(http://i63.tinypic.com/2s9ubs5.jpg)
Get ready for double shah  :shoaby: :good
I'm celebrating  :good

When is the next result expected?
end of feb
Title: Re: REWM -- Reliance weaving mills
Post by: Sandhu on November 24, 2016, 01:20:49 PM
:dance

Nobody celebrating  :skeptic:
Itna time k baad thori buying aa gai hai. i thought it will not run till next year but chal tu raha hy.

celebrating  :dance  :dance

lakin ye teezi ayi kahan se koi specific reason?
Title: Re: REWM -- Reliance weaving mills
Post by: haris on November 24, 2016, 02:54:50 PM
target kya hai es ka and time frame any ?
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on January 11, 2017, 08:13:46 PM
buy call on REWM, Target 55
Title: Re: REWM -- Reliance weaving mills
Post by: Irfankhan on January 11, 2017, 09:36:21 PM
buy call on REWM, Target 55

Brother i sold 10k today just which bought around 25-30

i also expect it to go 55-60 but it can be Dec 2017. what you think.
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on January 11, 2017, 11:01:36 PM
buy call on REWM, Target 55

Brother i sold 10k today just which bought around 25-30

i also expect it to go 55-60 but it can be Dec 2017. what you think.

by sep 17, hopefully.
Title: Re: REWM -- Reliance weaving mills
Post by: Pansota on January 14, 2017, 10:22:13 AM
buy call on REWM, Target 55

Brother i sold 10k today just which bought around 25-30

i also expect it to go 55-60 but it can be Dec 2017. what you think.


Bro, it'll be in triple digits by dec'17 IA...   

But, i dont know what has gone wrong with fatima energy, :dunno:  and why nepra is not deciding the case... anyways, fatima transmission was also scheduled to come online by june 2017....  :skeptic:
Title: Re: REWM -- Reliance weaving mills
Post by: asim.786 on January 14, 2017, 11:23:31 AM
buy call on REWM, Target 55

Brother i sold 10k today just which bought around 25-30

i also expect it to go 55-60 but it can be Dec 2017. what you think.


Bro, it'll be in triple digits by dec'17 IA...   

But, i dont know what has gone wrong with fatima energy, :dunno:  and why nepra is not deciding the case... anyways, fatima transmission was also scheduled to come online by june 2017....  :skeptic:
Brother do u know
How percentage ream in
Fatima energy  holding
We our company  is working on their scada system with fatima energy 
Title: Re: REWM -- Reliance weaving mills
Post by: Alpha on January 14, 2017, 09:17:01 PM
buy call on REWM, Target 55

Brother i sold 10k today just which bought around 25-30

i also expect it to go 55-60 but it can be Dec 2017. what you think.


Bro, it'll be in triple digits by dec'17 IA...   

But, i dont know what has gone wrong with fatima energy, :dunno:  and why nepra is not deciding the case... anyways, fatima transmission was also scheduled to come online by june 2017....  :skeptic:
Brother do u know
How percentage ream in
Fatima energy  holding
We our company  is working on their scada system with fatima energy

Last I remember they were holding 14.73% of Fatima energy
Title: Re: REWM -- Reliance weaving mills
Post by: Irfankhan on January 14, 2017, 10:47:04 PM
buy call on REWM, Target 55

Brother i sold 10k today just which bought around 25-30

i also expect it to go 55-60 but it can be Dec 2017. what you think.


Bro, it'll be in triple digits by dec'17 IA...   

But, i dont know what has gone wrong with fatima energy, :dunno:  and why nepra is not deciding the case... anyways, fatima transmission was also scheduled to come online by june 2017....  :skeptic:

 :bigeyed: Triple figure ?
only one year main double se bhe ziada? haza mushkil.
Title: Re: REWM -- Reliance weaving mills
Post by: rashid.Maria on January 27, 2017, 12:10:04 PM
Huge volume
Title: Re: REWM -- Reliance weaving mills
Post by: aqadir92 on January 27, 2017, 07:40:21 PM
  ::) let see :fingerscrossed1:
Title: Re: REWM -- Reliance weaving mills
Post by: aqadir92 on February 06, 2017, 08:16:26 PM
 :skeptic:
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on February 23, 2017, 08:41:28 PM
buy call on REWM, Target 55

I gave a buy call more than a month ago.

55 is the short term target, the real value of the stock is much higher but that will be recovered over a medium term subject to operating performance.
Title: Re: REWM -- Reliance weaving mills
Post by: alicima on February 24, 2017, 01:19:31 AM
4th qtr eps Rs 4

(http://i66.tinypic.com/9izee0.jpg)
(http://i63.tinypic.com/2s9ubs5.jpg)
Get ready for double shah  :shoaby: :good
Title: Re: REWM -- Reliance weaving mills
Post by: samkhi0 on February 24, 2017, 01:36:18 PM
4th qtr eps Rs 4

(http://i66.tinypic.com/9izee0.jpg)
(http://i63.tinypic.com/2s9ubs5.jpg)
Get ready for double shah  :shoaby: :good

How the result seems??
Title: Re: REWM -- Reliance weaving mills
Post by: Koolfire on October 04, 2017, 06:38:59 PM
DPS 1.5

https://www.psx.com.pk/newsattachment/103889.pdf
Title: Re: REWM -- Reliance weaving mills
Post by: atombum on October 04, 2017, 06:51:47 PM
DPS 1.5

https://www.psx.com.pk/newsattachment/103901.pdf
https://www.psx.com.pk/newsattachment/103889.pdf
Title: Re: REWM -- Reliance weaving mills
Post by: Koolfire on October 30, 2017, 07:17:40 PM
https://www.psx.com.pk/newsattachment/105911.pdf
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on December 14, 2017, 04:58:18 PM
https://fp.brecorder.com/2017/12/20171214327070/
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on December 15, 2017, 11:57:02 AM
They are stuck in fatima energy, its a 25 billion project.
Title: Re: REWM -- Reliance weaving mills
Post by: Pansota on February 05, 2018, 10:00:52 PM
http://www.nepra.org.pk/Tariff/Transmission/TRF-338%20FEL%20Determination%2018-01-2018%20824-26.PDF
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on February 06, 2018, 01:26:43 PM
http://www.nepra.org.pk/Tariff/Transmission/TRF-338%20FEL%20Determination%2018-01-2018%20824-26.PDF

sigh
banks will probably have to book provisions against loans to FEL
rewm and fzcm should also book impairments
Title: Re: REWM -- Reliance weaving mills
Post by: Pansota on February 06, 2018, 06:31:59 PM
SBM bro, Can you please share the merit order of CPPA and where does FEL lie?
Title: Re: REWM -- Reliance weaving mills
Post by: Irfankhan on February 06, 2018, 06:38:01 PM
http://www.nepra.org.pk/Tariff/Transmission/TRF-338%20FEL%20Determination%2018-01-2018%20824-26.PDF

sigh
banks will probably have to book provisions against loans to FEL
rewm and fzcm should also book impairments

Does this mean the plant is of no use now. and FEL is flop?
Title: Re: REWM -- Reliance weaving mills
Post by: Pansota on February 06, 2018, 06:47:53 PM
http://www.nepra.org.pk/Tariff/Transmission/TRF-338%20FEL%20Determination%2018-01-2018%20824-26.PDF

sigh
banks will probably have to book provisions against loans to FEL
rewm and fzcm should also book impairments

Can’t they enhance efficiency by improving technology?
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on February 07, 2018, 11:53:24 AM
http://www.nepra.org.pk/Tariff/Transmission/TRF-338%20FEL%20Determination%2018-01-2018%20824-26.PDF

sigh
banks will probably have to book provisions against loans to FEL
rewm and fzcm should also book impairments

Can’t they enhance efficiency by improving technology?

i think its too late for  that .. the project has already been set up and its operational
maybe there are modifications that can improve the efficiency by a few points, but nothing more ..
Title: Re: REWM -- Reliance weaving mills
Post by: Koolfire on February 26, 2018, 07:47:19 PM
https://www.psx.com.pk/newsattachment/110816.pdf
Title: Re: REWM -- Reliance weaving mills
Post by: Pansota on March 04, 2018, 04:07:58 PM
SBM and Valueestimator bros,

your comments on HY result? it seems decent but the price performance was opposite!
Title: Re: REWM -- Reliance weaving mills
Post by: Valueestimator on March 04, 2018, 07:28:13 PM
lets wait till half year report.

but main issue in rewm is fatima energy which failed to conclude agreement with govt for power sale
Title: Re: REWM -- Reliance weaving mills
Post by: Pansota on April 30, 2018, 07:32:47 PM
Good result  :thumbsup_anim:
Title: Re: REWM -- Reliance weaving mills
Post by: optimistic on September 17, 2018, 02:26:08 AM
iss koe be koe dekh ley bhai.  :[ koe haal nae iss ka.  huhu
Title: Re: REWM -- Reliance weaving mills
Post by: Kamranisl on October 05, 2018, 09:31:58 AM
REWM EPS of 10.08 and dividend of 2.25. Lao Maal. TRading at 3.5 PE.
Title: Re: REWM -- Reliance weaving mills
Post by: NeeHon on November 08, 2018, 01:39:07 PM
Did anyone receive its dividend?
Title: Re: REWM -- Reliance weaving mills
Post by: Salammembers on February 28, 2019, 07:58:01 PM
Did anyone receive its dividend?

SBM,
pl help forum member who is holding rewm :console: :console: :console:
puzzled why its not moving upwards :confused1:
reluctant to pm u/value directly :ohmy:
 :thanks:
Title: Re: REWM -- Reliance weaving mills
Post by: SBM on March 05, 2019, 03:29:18 PM
Did anyone receive its dividend?

SBM,
pl help forum member who is holding rewm :console: :console: :console:
puzzled why its not moving upwards :confused1:
reluctant to pm u/value directly :ohmy:
 :thanks:

keep holding i think march quarter should be good as well .. not as good as this one though .. basically, there is a surplus of yarn in thelocal market .. thats why weaving operations ahve suddenly become very lucrative ...
Title: Re: REWM -- Reliance weaving mills
Post by: Salammembers on March 05, 2019, 04:13:49 PM
Did anyone receive its dividend?

SBM,
pl help forum member who is holding rewm :console: :console: :console:
puzzled why its not moving upwards :confused1:
reluctant to pm u/value directly :ohmy:
 :thanks:

keep holding i think march quarter should be good as well .. not as good as this one though .. basically, there is a surplus of yarn in thelocal market .. thats why weaving operations ahve suddenly become very lucrative ...
Thanks
Hope concerned member too will thank u atleast privately
Title: Re: REWM -- Reliance weaving mills
Post by: NeeHon on March 05, 2019, 05:00:50 PM
 :D :D :D Thanks SBM & SALAM bhai  :D :D :D
Title: Re: REWM -- Reliance weaving mills
Post by: zelmc on March 05, 2019, 06:19:12 PM
2nd quarter result is not that good. In Q2, there is other income of 101M which is a one time windfall gain as a result of PKR devaluation. In the absence of this other income, Profit before tax would be negative for 2nd quarter. They hadother advantage of surplus cotton stock of last year purchased at competitive prices. Finance cost is huge and increasing and I don't think there would be any major exchange gain in current quarter.
Title: Re: REWM -- Reliance weaving mills
Post by: Observer on March 05, 2019, 07:34:24 PM
Can anyone share its result?
Title: Re: REWM -- Reliance weaving mills
Post by: Observer on April 26, 2019, 05:12:29 PM
https://www.psx.com.pk/psx/file-attachment/129718.pdf
Excellent result of this Quarter, best opportunity to buy at this rate. It is worth more than current rate.
Title: Re: REWM -- Reliance weaving mills
Post by: jamalakhter on April 27, 2019, 11:21:20 PM

           it is other income which made a good result,which is pak currency devaluation
Title: Re: REWM -- Reliance weaving mills
Post by: Ali on April 28, 2019, 02:00:03 AM
https://www.psx.com.pk/psx/file-attachment/129718.pdf
Excellent result of this Quarter, best opportunity to buy at this rate. It is worth more than current rate.

Textile will only increase once they are paying dividend.. rewm can touch 100 rs by paying 100 percent dividend on annual basis. Giving sadqa 20 percent to shares holders will keep this share t 30 levels.
Title: Re: REWM -- Reliance weaving mills
Post by: optimistic on April 28, 2019, 04:34:00 PM
https://www.psx.com.pk/psx/file-attachment/129718.pdf
Excellent result of this Quarter, best opportunity to buy at this rate. It is worth more than current rate.

Sales increased.  Gross profit too. In bottom finance cost has eaten majority of the profits otherwise eps would have much higher as compared to sply qtr.