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The government of Sri Lanka is projecting a 10% overall growth. What that means is we need add 10% of previous years performance for several consecutive years.
It's Cristal that we need to use our natural resources wisely for a sustainable exponential growth pattern.
Talking of utilization of natural resources silica mining and processing is an area that investors have lost focus. With the expected growth in the Building and Construction, Trading and hotel industry GLAS should perform exceptionally well as the market leader. The Current quarterly result is very encouraging as well.
I expect the government to increase import taxes for Glass products to help grow this sector if we are to achieve the 10% exponential growth they boast about. There is a rumour floating around that it is infact the case. But still its a rumor.
Regardless GLAS has a tremendous growth potential and it is still highly undervalued in my personal opinion. Please do your own research before investing.
It's Cristal that we need to use our natural resources wisely for a sustainable exponential growth pattern.
Talking of utilization of natural resources silica mining and processing is an area that investors have lost focus. With the expected growth in the Building and Construction, Trading and hotel industry GLAS should perform exceptionally well as the market leader. The Current quarterly result is very encouraging as well.
I expect the government to increase import taxes for Glass products to help grow this sector if we are to achieve the 10% exponential growth they boast about. There is a rumour floating around that it is infact the case. But still its a rumor.
Regardless GLAS has a tremendous growth potential and it is still highly undervalued in my personal opinion. Please do your own research before investing.
