Lucky Cement Ltd.

Lucky Cement is a cement manufacturing and distribution company which is based in Pakistan. Co. is engaged in the manufacture and sale of Ordinary Portland, Sulphate Resistant, and Slag Cement. Co.'s brand names included Lucky Cement, Lucky Star, Lucky Gold, Chairman, and Lucky Sulphate Resistant Cement. Co. maintains production facilities in Pezu (Production capacity: 13,000 tons per day) as well as in Karachi (Production capacity: 8,000 tons per day). In addition, Co. is engaged in developing export markets for bulk loose cement from Pakistan to the Gulf Countries, African Markets, and Far East Region including Nepal & Sri Lanka.
  • TickerLUCK
  • ISINPK0071501016
  • ExchangePakistan Stock Exchange
  • SectorConstruction & Materials
  • CountryPakistan

Analysts

Shahrukh Saleem

LUCK: Near term headwinds clouding outlook , (AKD Daily, Feb 27, 2020)

LUCK: Near term headwinds clouding outlook We update our estimates for Lucky Cement Ltd. (LUCK), incorporating the disappointing read for 1HFY20 while tweaking sales volume (incorporating actual sales volumes for 2QFY20) and discount forecasts largely centered over the near term. We also incorporate the increased cost of transportation, particularly for coal with strict compliance at import terminal. Our revised EPS estimate for FY21/22 are down 9.7/13.2% to PkR24.1/31.9/sh where increased transportation costs are a major drag. For 1HFY20, LUCK maintained its market share largely in-line...

Shahrukh Saleem

Pakistan Cements_ Jan’20 Local dispatches increased by 6.5%YoY,(AKD Daily, Feb 10, 2020)

Pakistan Cements: Jan’20 Local dispatches increased by 6.5%YoY Local cement sales for Jan’20 increased by 6.5%YoY where both regions witnessed contrasting trends, local sales in North increased by 8.0%YoY while South posted a decline of 18.3%YoY. For 7MFY20, total dispatches increased by 7.3%YoY where major growth was witnessed in exports — up by 25.4%YoY — followed by 4.0%YoY rise in local dispatches. Growth in dispatches can mainly be attributed to government speeding up release of development expenditure in the last few months  while low base effect is also in play. However, seasonality...

Shahrukh Saleem

LUCK_2QFY20 EPS clocked in at PkR3.03 - significantly lower than expectations, (AKD, Off the Analyst's Desk, Jan 30, 2020)

LUCK:  2QFY20 EPS clocked in at PkR3.03 — significantly lower than expectations   ·         Lucky Cement Limited (LIUCK) announced results for 1HFY20 where unconsolidated PAT clocked in at PkR1.9bn (EPS: PkR5.99), down 64.8%YoY — significantly lower than our expectations. For 2QFY20, PAT remained at PkR981mn (EPS: PkR3.03), down 67.4%YoY though increasing by a meagre 2.6% on sequential basis.   ·         Gross margins for 2QFY20 remained at 15%, flat on QoQ basis against our expectation of sequential improvement which potentially points towards high discounts and severe price compe...

Team AKD Research

Stock Smart Weekly (Jan 10, 2020)

StockSmart                        Weekly Review                                 Market went through a roller coaster ride during the outgoing week driven by geopolitical tensions. Nosedive at the start of the week on heightened geopolitical tensions was followed by volatility in subsequent two sessions as markets looked for clarity however, towards the end of the week subsiding tension formed the basis of strong recovery. KSE-100 closed the week at 43,207pts, up 2.1%WoW along with improved activity (avg. daily volumes for the week increased by 7.6%WoW and stood at 303.2mn shares). Foreign i...

Lucky Cement Ltd: 1 director bought

A director at Lucky Cement Ltd bought 1,150,000 shares at 479.690PKR and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names...

Shahrukh Saleem

LUCK: Near term headwinds clouding outlook , (AKD Daily, Feb 27, 2020)

LUCK: Near term headwinds clouding outlook We update our estimates for Lucky Cement Ltd. (LUCK), incorporating the disappointing read for 1HFY20 while tweaking sales volume (incorporating actual sales volumes for 2QFY20) and discount forecasts largely centered over the near term. We also incorporate the increased cost of transportation, particularly for coal with strict compliance at import terminal. Our revised EPS estimate for FY21/22 are down 9.7/13.2% to PkR24.1/31.9/sh where increased transportation costs are a major drag. For 1HFY20, LUCK maintained its market share largely in-line...

Shahrukh Saleem

Pakistan Cements_ Jan’20 Local dispatches increased by 6.5%YoY,(AKD Daily, Feb 10, 2020)

Pakistan Cements: Jan’20 Local dispatches increased by 6.5%YoY Local cement sales for Jan’20 increased by 6.5%YoY where both regions witnessed contrasting trends, local sales in North increased by 8.0%YoY while South posted a decline of 18.3%YoY. For 7MFY20, total dispatches increased by 7.3%YoY where major growth was witnessed in exports — up by 25.4%YoY — followed by 4.0%YoY rise in local dispatches. Growth in dispatches can mainly be attributed to government speeding up release of development expenditure in the last few months  while low base effect is also in play. However, seasonality...

Shahrukh Saleem

LUCK_2QFY20 EPS clocked in at PkR3.03 - significantly lower than expectations, (AKD, Off the Analyst's Desk, Jan 30, 2020)

LUCK:  2QFY20 EPS clocked in at PkR3.03 — significantly lower than expectations   ·         Lucky Cement Limited (LIUCK) announced results for 1HFY20 where unconsolidated PAT clocked in at PkR1.9bn (EPS: PkR5.99), down 64.8%YoY — significantly lower than our expectations. For 2QFY20, PAT remained at PkR981mn (EPS: PkR3.03), down 67.4%YoY though increasing by a meagre 2.6% on sequential basis.   ·         Gross margins for 2QFY20 remained at 15%, flat on QoQ basis against our expectation of sequential improvement which potentially points towards high discounts and severe price compe...

Team AKD Research

Stock Smart Weekly (Jan 10, 2020)

StockSmart                        Weekly Review                                 Market went through a roller coaster ride during the outgoing week driven by geopolitical tensions. Nosedive at the start of the week on heightened geopolitical tensions was followed by volatility in subsequent two sessions as markets looked for clarity however, towards the end of the week subsiding tension formed the basis of strong recovery. KSE-100 closed the week at 43,207pts, up 2.1%WoW along with improved activity (avg. daily volumes for the week increased by 7.6%WoW and stood at 303.2mn shares). Foreign i...

Shahrukh Saleem

Pakistan Cement_Dec'19 Local sales increased by 7%YoY, (AKD Daily, Jan 03, 2020)

Pakistan Cement: Dec’19 Local sales increased by 7%YoY Local cement sales for Dec’19 increased by 7.3%YoY where both regions witnessed contrasting trends, as local sales in North increased by 13.0%YoY while South posted a decline of 15.2%YoY. For 1HFY20, total dispatches increased by 6.6%YoY where major growth was witnessed in exports — up by 23%YoY — followed by 3.7%YoY rise in local dispatches. Growth in dispatches can mainly be attributed to government releasing bulk of development expenditures allotted for 1HFY20 in 2QFY20 while resumption of private sector construction along with pre...

Lucky Cement Ltd: 1 director bought

A director at Lucky Cement Ltd bought 1,150,000 shares at 479.690PKR and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names...

Team AKD Research

AKD STOCK SMART,

Market remained lackluster during the week, influenced by lack of participation and no significant trigger, closing the week at 33,672pts, down 1.5%WoW. During the week, average daily turnover declined to 51mn shares, down 41% WoW while on Thursday, market witnessed second lowest volumes of 5 years (~40mn shares). Increase in fertilizer prices created some positive sentiment in the sector and brought it amongst the top performers while majority of other sectors remained dreary – in-line with the overall sentiment. Key news flows during the week included: 1) State Bank of Pakistan (SBP) receivi...

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Pakistan Cements: Jul’18 exports outshined local sales; maintain caution

As per the latest data released by All Pakistan Cement Manufacturers Association (APCMA), cement sales for Jul’18 clocked-in at 3.56mn tons, up 19%/5% MoM/YoY (in-line with BMA’s expectation of 3.5mn tons). Resumption of normal working hours post Ramadan and Eid holidays supported 18% MoM growth in local sales despite monsoon season. The demand however, is expected to remain subdued in Aug’18 owing to monsoon and upcoming holidays on account of Eid and Independence Day. Following fresh supply additions of c.7.25mn tons in 2HFY18 by four players, industry exports have expectedly shifted its c...

Farheen Irfan

Pakistan Cement Sector - Impressive Dispatch Growth Driven by Election Year Development

Cement dispatches clocked in at 45.9mntons during FY18 registering a robust growth of 14%YoY and highest ever absolute growth of 5.6mntons. This was primarily driven by growth in local dispatches (16%) mainly attributable to fast-paced infrastructure development during the Election Year. On monthly basis, cement dispatches fell by 24%MoM to 3.0mntons owing to Eid Holidays.  ACPL’s dispatch growth of -7%MoM during Jun-18 remained most resilient as boom in its exports (+46%MoM) outdid fall in domestic dispatches (-30%MoM).

Pakistan Cement: Margin pressure is temporary, reiterate BUY on the sector

We trim our forecasts, update our assumptions, still rate all Pakistan Cement stocks BUY. Cement companies finally increased prices in March 2018 and we believe they can push prices higher given strong demand and optimum industry utilisation in the near term. We expect FY18’s weakest margins will occur in Q3 18, despite it having the strongest volume growth, but margins could be higher in Q4 18, and effective utilisation could reach 108% in the next four quarters. Our new EPS estimates and target prices still suggest significant upside potential for our Pakistan cement stocks, hence we reite...

MarketLine Department

Lucky Cement Ltd. - Strategy, SWOT and Corporate Finance Report

Synopsis Lucky Cement Ltd. - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Summary - Detailed information on Lucky Cement Ltd. required for business and competitor intelligence needs - A study of the major internal and external factors affecting Lucky Cement Ltd. in the form of a SWOT analysis - An in-depth view of the business model of Lucky Cement Ltd. including a breakdown ...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

EM Remains In Favor; Shanghai Comp Breaking Out A weakening US dollar (DXY) continues to be a major tailwind for both EM equities and the commodity Sectors. Improving price and RS trends for these risk-on areas of the market are among the many characteristics consistent with historical bull markets. Therefore, we continue to label this a bull market and we believe global equities are still in the early innings of a broad-based advance. • EM Equities. Price action has remained weak for the US dollar (DXY), which has been great news for EM equities. As outlined in our 12/19/19 Int'l Compass an...

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