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  • [Updated] #HAYLEYS MGT

  • #MGT one of the hayleys group company very soon they will give something.
  • 7 replies, MarketWatch 10 Feb 10 posted by kannan, 9 Feb 10
This post has been viewed 330 times, by 11 logged-in users the last being Tony12345.
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  • reply from Advisor, 9 Feb 10
  • #mgt is a very good undervalue share. may be its also ready to pay divident. you can invest in MGT with out any obligation
  • reply from fazmin, 9 Feb 10
  • hi kannan..

    are you sure about this information on #HAYLEYS MGT??\

    thnxz
  • reply from Suran, 9 Feb 10
  • Hi Kannan,

    According to company press releases... #HAYL group profit has soared... however it's textile sectors profit is below previous years levels....
  • reply from innam, 9 Feb 10
  • MGT will probably pay out a Rs 3 dividend sometime over the 4-6 months however the future outlook is not that good. The loss of GSP+ will have an impact, as they can lose orders to cheaper competitors. Infact this is what the company mentioned in its earnings release "Hayleys MGT Jt. Managing Director Bandula Weerasinghe said prices had fallen in the third quarter and volumes had also declined as the company had lost some orders to lower-priced overseas competitors. "
  • reply from ranka, 10 Feb 10
  • However MGT net assets per share 55 rupees and EPS 4.48 rupees last nine month.
    i think this good to buy now because it's trading at low price it will go up to Rs 55 levels...compare with athers stocks now this only very good.
  • reply from kannan, 10 Feb 10
  • If you like to invest in the MGT buy and keep... shortly you will get good profit in this stock.
  • reply from MarketWatch, 10 Feb 10
  • What is their outlook for next 12 months? Do they have orders from local garment factories?

    Do they have enough export orders?

    Latlely I did'nt follow much.

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