Author Topic: Textile Sector  (Read 499804 times)

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Offline zelmc

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Re: Textile Sector
« Reply #2239 on: June 14, 2019, 05:22:51 PM »
Please share if anyone has got a report on the impact of withdrawal of zero rating regime on the earnings of major industry players like NML, NCL, GATM, FML, KTML, FZCM.

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Re: Textile Sector
« Reply #2239 on: June 14, 2019, 05:22:51 PM »

Offline kamranbutt_dada

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Re: Textile Sector
« Reply #2240 on: June 14, 2019, 08:06:15 PM »
Please share if anyone has got a report on the impact of withdrawal of zero rating regime on the earnings of major industry players like NML, NCL, GATM, FML, KTML, FZCM.

Profit margins will be reduced now on all of them but rupee devalue will pay its part on their exports.

Offline rameez1

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Re: Textile Sector
« Reply #2241 on: June 14, 2019, 10:42:09 PM »
The impact will be on the cash flows of textiles. I was speaking to an owner of one such textile export player, he said this is a withholding tax against which govt has issued units of promissory notes in Central Depository Company. Now the real issue is that these promissory notes don't have a secondary market like bonds which are treated as cash equivalent. Businesses are not accepting these promissory notes as payments.

Offline trader1

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Re: Textile Sector
« Reply #2242 on: June 15, 2019, 05:35:12 AM »
Textile is the largest export industry of Pakistan.

Price of dollar increased 50% from 100 to 153 Rs therefore this will also increase the revenue of textile 50%.

The loans taken by textile industry about 5 to 10 years ago can be easily paid if the APTMA and other associations have some common sense.

Offline trader1

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Re: Textile Sector
« Reply #2243 on: September 24, 2019, 10:51:14 AM »
Textile exports crawl up by 2.3% YoY in 2MFY20

September 23, 2019 (JS Research)

Textile exports (PBS data) increased by 7.0% MoM during Aug-2019 to US$1.19bn, compared to US$1.11bn in Jul-2019.
Compared to last year, textile exports declined by 5.3% YoY, where towels (-16.8% YoY), cotton cloth (-12.6% YoY) and bed wear (-10.6% YoY) were the major contributors to the decline.
During 2MFY20, textile exports inched up by 2.3% YoY, where the value added segments of Knitwear (+12.8% YoY) and Garments (+7.5% YoY) were major contributors towards the increase.


Offline cryptonian

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Re: Textile Sector
« Reply #2245 on: October 22, 2019, 12:25:22 PM »
any views on SHDT ? it's EPS is 26 with DPS of 5.20 and upcoming rights of 453%. Has any one gone through its annual report ? is it a good buy here ?

Offline trader1

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Re: Textile Sector
« Reply #2246 on: November 21, 2019, 06:14:14 AM »
Textile exports grow 7.4% YoY in Oct-2019


November 20, 2019 (JS Research)


The country's textile exports posted growth of 7.4% YoY during the month of Oct-2019, with total textile exports at US$1.215bn, compared to US$1.131bn in the same month last year.
Cumulatively, textile exports during 4MFY20 inched up by 4% YoY to US$4.587bn compared to US$4.406bn in the same period last year.
On a category-wise basis, most value added segments recorded impressive YoY growth during the month. Growth was highest in Bedwear (+14.6% YoY) and Garments (+13.5% YoY), whereas Yarn (+13.9% YoY) also displayed an improvement during the month after months of dismal performances.

Offline onlybulls

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Re: Textile Sector
« Reply #2247 on: November 30, 2019, 09:54:21 PM »
Textile spinning sector.

Amtex
Bilal fibres
Landmark spinning
Nazir cotton mills
Sajjad textile mills
Saritow spinning

All are in Defaulter segment.
Boht hi wahiyat sector hota ja ra ha. Pakistan ki economy ki backbone wala  ;) :D :D

Aur is sector me kon kon sa jane wala ha in Defaulter???

Offline trader1

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Re: Textile Sector
« Reply #2248 on: December 01, 2019, 03:09:53 PM »
Textile spinning sector.

Amtex
Bilal fibres
Landmark spinning
Nazir cotton mills
Sajjad textile mills
Saritow spinning

All are in Defaulter segment.
Boht hi wahiyat sector hota ja ra ha. Pakistan ki economy ki backbone wala  ;) :D :D

Aur is sector me kon kon sa jane wala ha in Defaulter???

Agar government ne relief nahee diya to "spinning sector" ka name change kar ke "defaulter sector" rakhna paday ga.
Sara faisalabad unemployed of jaye ga.

Offline onlybulls

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Re: Textile Sector
« Reply #2249 on: December 01, 2019, 09:01:23 PM »
Textile spinning sector.

Amtex
Bilal fibres
Landmark spinning
Nazir cotton mills
Sajjad textile mills
Saritow spinning

All are in Defaulter segment.
Boht hi wahiyat sector hota ja ra ha. Pakistan ki economy ki backbone wala  ;) :D :D

Aur is sector me kon kon sa jane wala ha in Defaulter???

Agar government ne relief nahee diya to "spinning sector" ka name change kar ke "defaulter sector" rakhna paday ga.
Sara faisalabad unemployed of jaye ga.
Yes Govt. Should must think for them. And now it's more important than before because energy prices gone up. Which is also one of the hurdle for that sector.

Offline trader1

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Re: Textile Sector
« Reply #2250 on: December 02, 2019, 04:04:37 AM »
Textile spinning sector.

Amtex
Bilal fibres
Landmark spinning
Nazir cotton mills
Sajjad textile mills
Saritow spinning

All are in Defaulter segment.
Boht hi wahiyat sector hota ja ra ha. Pakistan ki economy ki backbone wala  ;) :D :D

Aur is sector me kon kon sa jane wala ha in Defaulter???

Agar government ne relief nahee diya to "spinning sector" ka name change kar ke "defaulter sector" rakhna paday ga.
Sara faisalabad unemployed of jaye ga.
Yes Govt. Should must think for them. And now it's more important than before because energy prices gone up. Which is also one of the hurdle for that sector.

energy prices gone up but dollar prices are also gone up. Basically textile is an export sector therefore they can enjoy for next couple of years and pay the debts easily, because the debts which they took ten years ago are now half worth. But relief and proper guidelines from Government is also essential in this crucial time.

Offline onlybulls

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Re: Textile Sector
« Reply #2251 on: December 02, 2019, 08:35:34 PM »
Yar ye sector ke mostly shares aj bi red thay even in high market of 800+ why????
Weaving+spinning sector.
Farzooq bhai and sbm bhai ye kub set honge ?

Online nma

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Re: Textile Sector
« Reply #2252 on: December 02, 2019, 08:43:29 PM »
any views on SHDT ? it's EPS is 26 with DPS of 5.20 and upcoming rights of 453%. Has any one gone through its annual report ? is it a good buy here ?

I bought 4500 shares between 31 and 33.  :skeptic: Kabhi chal ka quadruple shah ban gaya 1-2 saal mein tou naimat samajh kr rakh lunga.

Offline onlybulls

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Re: Textile Sector
« Reply #2253 on: December 06, 2019, 11:16:12 PM »
Asim786 bhai Textile kachra stocks when to move eg hirat???
It stucked almost from last 3500 points. It is stick around 4.50.

You'r reply required.
You have a good eye on textile I know.
« Last Edit: December 06, 2019, 11:20:01 PM by onlybulls »

Offline Investonly

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Re: Textile Sector
« Reply #2254 on: December 07, 2019, 12:16:59 AM »
Textile ka top time tha jab ye govt. ai thi or export per high focus tha.
Unfortunately us time market crash position per ai or textile ko perform krne ka moqa nhi mil saka.
Ab jb recovery ka time hy to investor ka focus typical cyclical stocks per hy textile phir ignore ho raha hy

Offline asianstock

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Re: Textile Sector
« Reply #2255 on: December 07, 2019, 10:29:44 AM »
 ::) :D :thumbsup_anim:

Offline naumaan

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Re: Textile Sector
« Reply #2256 on: December 08, 2019, 01:50:52 AM »
On assuming charge of his post at Textiles Division, SECRETARY COMMERCE, Sardar Ahmad Nawaz Sukhera has APPROVED RELEASE OF RS. 17.6 BILLION to textile value added exporters.
By "Abdul Razak Dawood @razak_dawood "
https://twitter.com/razak_dawood/status/1203331024861777922?s=20

Offline onlybulls

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Re: Textile Sector
« Reply #2257 on: December 08, 2019, 02:13:25 PM »
Asim786 bhai Textile kachra stocks when to move eg hirat???
It stucked almost from last 3500 points. It is stick around 4.50.

You'r reply required.
You have a good eye on textile I know.

Textile ka top time tha jab ye govt. ai thi or export per high focus tha.
Unfortunately us time market crash position per ai or textile ko perform krne ka moqa nhi mil saka.
Ab jb recovery ka time hy to investor ka focus typical cyclical stocks per hy textile phir ignore ho raha hy

::) :D :thumbsup_anim:

On assuming charge of his post at Textiles Division, SECRETARY COMMERCE, Sardar Ahmad Nawaz Sukhera has APPROVED RELEASE OF RS. 17.6 BILLION to textile value added exporters.
By "Abdul Razak Dawood @razak_dawood "
https://twitter.com/razak_dawood/status/1203331024861777922?s=20

Thanks to you all brothers for adding information  :thanks:  :fingerscrossed1:

Offline asianstock

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Re: Textile Sector
« Reply #2258 on: December 12, 2019, 03:58:08 PM »