Board Change • May 20
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. 3 independent directors (7 non-independent directors). Independent Director Md. Anwaruzzaman was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Ankündigung • Dec 15
Maksons Spinning Mills PLC., Annual General Meeting, Feb 24, 2026 Maksons Spinning Mills PLC., Annual General Meeting, Feb 24, 2026, at 11:00 Central Asia Standard Time. Location: hybrid system., Bangladesh Ankündigung • Dec 04
Maksons Spinning Mills PLC. to Report Fiscal Year 2025 Results on Dec 14, 2025 Maksons Spinning Mills PLC. announced that they will report fiscal year 2025 results on Dec 14, 2025 Ankündigung • Apr 23
Maksons Spinning Mills PLC. to Report Q3, 2025 Results on Apr 29, 2025 Maksons Spinning Mills PLC. announced that they will report Q3, 2025 results on Apr 29, 2025 Ankündigung • Mar 20
Maksons Spinning Mills PLC. to Report Q2, 2025 Results on Mar 25, 2025 Maksons Spinning Mills PLC. announced that they will report Q2, 2025 results on Mar 25, 2025 Ankündigung • Dec 09
Maksons Spinning Mills PLC. to Report Q1, 2025 Results on Dec 12, 2024 Maksons Spinning Mills PLC. announced that they will report Q1, 2025 results on Dec 12, 2024 Ankündigung • Nov 29
Maksons Spinning Mills PLC., Annual General Meeting, Feb 17, 2025 Maksons Spinning Mills PLC., Annual General Meeting, Feb 17, 2025, at 11:00 Central Asia Standard Time. Location: hybrid system, venue for physical presence, maksons group conference hall, situated at maksons spinning mills plc., holding-87, ward-5, block-b, shahid minnat ali road-4, gouripur, ashulia, Bangladesh Ankündigung • Nov 21
Maksons Spinning Mills PLC. to Report Fiscal Year 2024 Results on Nov 27, 2024 Maksons Spinning Mills PLC. announced that they will report fiscal year 2024 results on Nov 27, 2024 New Risk • Nov 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 44% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Market cap is less than US$100m (৳1.88b market cap, or US$15.7m). Ankündigung • Apr 26
Maksons Spinning Mills Limited to Report Q3, 2024 Results on Apr 29, 2024 Maksons Spinning Mills Limited announced that they will report Q3, 2024 results on Apr 29, 2024 New Risk • Mar 31
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Bangladeshi stocks, typically moving 9.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (9.2% average weekly change). Earnings have declined by 39% per year over the past 5 years. Minor Risk Market cap is less than US$100m (৳2.88b market cap, or US$26.2m). Ankündigung • Jan 24
Maksons Spinning Mills Limited to Report Q2, 2024 Results on Jan 29, 2024 Maksons Spinning Mills Limited announced that they will report Q2, 2024 results on Jan 29, 2024 Ankündigung • Oct 31
Maksons Spinning Mills Limited Recommends No Dividend for the Year Ended June 30, 2023 The Board of Directors of Maksons Spinning Mills Limited has recommended No dividend for the year ended June 30, 2023. Ankündigung • Oct 30
Maksons Spinning Mills Limited, Annual General Meeting, Feb 05, 2024 Maksons Spinning Mills Limited, Annual General Meeting, Feb 05, 2024, at 11:30 Bangladesh Standard Time. Ankündigung • Oct 20
Maksons Spinning Mills Limited to Report Fiscal Year 2023 Results on Oct 28, 2023 Maksons Spinning Mills Limited announced that they will report fiscal year 2023 results on Oct 28, 2023 Reported Earnings • May 15
Third quarter 2023 earnings released: ৳1.72 loss per share (vs ৳0.82 profit in 3Q 2022) Third quarter 2023 results: ৳1.72 loss per share (down from ৳0.82 profit in 3Q 2022). Revenue: ৳1.29b (down 29% from 3Q 2022). Net loss: ৳409.9m (down 309% from profit in 3Q 2022). Reported Earnings • Feb 08
Second quarter 2023 earnings released: EPS: ৳0.03 (vs ৳1.01 in 2Q 2022) Second quarter 2023 results: EPS: ৳0.03 (down from ৳1.01 in 2Q 2022). Revenue: ৳1.11b (down 37% from 2Q 2022). Net income: ৳7.05m (down 97% from 2Q 2022). Profit margin: 0.6% (down from 14% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 67% per year whereas the company’s share price has increased by 66% per year. Reported Earnings • Dec 03
First quarter 2023 earnings released: EPS: ৳0.71 (vs ৳0.75 in 1Q 2022) First quarter 2023 results: EPS: ৳0.71 (down from ৳0.75 in 1Q 2022). Revenue: ৳1.22b (up 115% from 1Q 2022). Net income: ৳169.9m (down 5.2% from 1Q 2022). Profit margin: 14% (down from 32% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 59% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Nov 30
Upcoming dividend of ৳1.00 per share Eligible shareholders must have bought the stock before 07 December 2022. Payment date: 08 March 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 4.5%. Within top quartile of Bangladeshi dividend payers (3.8%). Higher than average of industry peers (2.7%). Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. 3 independent directors (7 non-independent directors). Independent Director Haider Khan was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Ankündigung • Oct 31
Maksons Spinning Mills Limited Recommends Cash Dividend for the Year Ended June 30, 2022 The Board of Directors of Maksons Spinning Mills Limited has recommended 10% cash dividend for the year ended June 30, 2022. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improved over the past week After last week's 18% share price gain to ৳25.90, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 23x in the Luxury industry in Bangladesh. Total returns to shareholders of 435% over the past three years. Reported Earnings • May 25
Third quarter 2022 earnings released: EPS: ৳0.82 (vs ৳0.64 in 3Q 2021) Third quarter 2022 results: EPS: ৳0.82 (up from ৳0.64 in 3Q 2021). Revenue: ৳1.82b (up 25% from 3Q 2021). Net income: ৳195.8m (up 29% from 3Q 2021). Profit margin: 11% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 7 non-independent directors. Independent Director Haider Khan was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Buying Opportunity • Feb 18
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be ৳32.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% per annum over the last 3 years. Earnings per share has grown by 116% per annum over the last 3 years. Reported Earnings • Feb 06
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: ৳1.01 (up from ৳0.40 in 2Q 2021). Revenue: ৳1.76b (up 4.2% from 2Q 2021). Net income: ৳240.8m (up 153% from 2Q 2021). Profit margin: 14% (up from 5.6% in 2Q 2021). The increase in margin was primarily driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment improved over the past week After last week's 17% share price gain to ৳27.60, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 32x in the Luxury industry in Bangladesh. Total returns to shareholders of 300% over the past three years. Reported Earnings • Nov 23
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: EPS: ৳0.75 (up from ৳0.11 in 1Q 2021). Revenue: ৳567.7m (down 41% from 1Q 2021). Net income: ৳179.3m (up ৳152.8m from 1Q 2021). Profit margin: 32% (up from 2.7% in 1Q 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Nov 15
Upcoming dividend of ৳1.10 per share Eligible shareholders must have bought the stock before 22 November 2021. Payment date: 20 February 2022. Trailing yield: 4.1%. Within top quartile of Bangladeshi dividend payers (3.0%). Higher than average of industry peers (2.4%). Is New 90 Day High Low • Jan 19
New 90-day high: ৳11.70 The company is up 70% from its price of ৳6.90 on 21 October 2020. The Bangladeshi market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is flat over the same period. Is New 90 Day High Low • Dec 30
New 90-day high: ৳9.10 The company is up 38% from its price of ৳6.60 on 01 October 2020. The Bangladeshi market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is down 4.0% over the same period. Is New 90 Day High Low • Dec 09
New 90-day high: ৳7.30 The company is up 14% from its price of ৳6.40 on 10 September 2020. The Bangladeshi market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is down 4.0% over the same period. Upcoming Dividend • Nov 30
Upcoming Dividend of ৳0.20 Per Share Will be paid on the 4th of March to those who are registered shareholders by the 7th of December. The trailing yield of 3.1% is below the top quartile of Bangladeshi dividend payers (3.8%), but it is higher than industry peers (2.7%). Ankündigung • Nov 10
Maksons Spinning Mills Limited to Report Q1, 2021 Results on Nov 11, 2020 Maksons Spinning Mills Limited announced that they will report Q1, 2021 results on Nov 11, 2020 