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    Hayleys Fabric PLC, formerly Hayleys MGT Knitting Mills PLC, is a textile manufacturer in Sri Lanka. The Company is engaged in manufacturing knitted fabrics. The Company's product portfolio offers end to end solutions from knitting, dyeing, finishing, designing, developing, printing, brushing and sueding of both cotton and polyester-based fabric. The Company's fabric products consist of Single Jersey, Interlock, Pique, Rib, Fleece, Polar Fleece, Jacquard and Flat Knits. The Company's fabric mill owns a brand, inno. The inno range includes cross dyed colour magic, vertical knits, soaking cool, hybrid magic, butterfly creations and polka dots, which are used by various users for active wear, lingerie and sleepwear. Its approximately 35% production consists of polyester and polyester-based fabrics used in manufacturing sportswear and approximately 65% of the production consists of cotton and cotton-based fabrics, which are used in manufacturing Lingerie, baby wear and casual wear.
    "The best values today are often found in the stocks that were once hot and have since gone cold"

  • #2
    Performance improvement needed in the upcoming quarters

    Comment


    • #3
      Financial Performance ended 30 June 2018
      Click image for larger version  Name:	MGT-q2.png Views:	1 Size:	142.4 KB ID:	488
      Last edited by ruwan326; 08-13-2018, 09:13 AM.

      Comment


      • SHARK
        SHARK commented
        Editing a comment
        i see the topline growth has been remarkable. CoS increase is not much. can they top 10billion in terms of revenue in this year.

    • #4
      Are they into strategic business growth?

      Comment


      • #5
        When Big Funds sense, these companies are now coming out of woods.... they will try to collect as much lower than current prices. retailers must be smarter, as big funds need big volumes. they will do their best not to push higher until their bellies are filled. this is actually the problem in CSE, lack of liquidity to buy and to dispose fast.
        "The best values today are often found in the stocks that were once hot and have since gone cold"

        Comment


        • #6
          Turning favorable and share dropping and reacting totally opposite. although small in numbers, thats when fear psychosis appear in many investors.
          "The best values today are often found in the stocks that were once hot and have since gone cold"

          Comment


          • #7
            Can it see 8.50 to 7.50 now, and bring the Buying. Lets get the game back to the big boys.
            "The best values today are often found in the stocks that were once hot and have since gone cold"

            Comment


            • #8
              8.50 and 7.50 will be my levels to look. company showing signs of recovery. thats a plus.
              "The best values today are often found in the stocks that were once hot and have since gone cold"

              Comment


              • #9
                Waiting for many years ..

                Comment


                • #10
                  A BAse at 8.50 should start, creating 8.50-10 consolidation box. so a drop below would be discount in my opinion with positive MACD divergence it has formed technically.
                  "The best values today are often found in the stocks that were once hot and have since gone cold"

                  Comment


                  • #11
                    I am no expert. There is every likely hood for further decline.

                    Comment

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