LAXAPANA BATTERIES PLC (LITE.N0000)

pure equity · 51 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Wed Aug 17, 2016 1:11 pm

pure equity

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E C sir pls tell me about lite in this condition. thanks

pure equity · 52 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Sat Aug 20, 2016 6:37 pm

pure equity

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E C sir still i am holding this shares . i bought it last year. i think company's growth still good. is it wise to wait couple of quarter? thanks

EquityChamp · 53 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Sat Aug 20, 2016 10:50 pm

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pure equity wrote:E C sir still i am holding this shares . i bought it last year. i think company's growth still good. is it wise to wait couple of quarter? thanks

As you can see based on 16/17 earnings my price expectation was above 11.50 and it has achieved through. This is the true value of this stock and I am glad that finally people have realized that. I need to see how this stock to be valued based on FY17/18 earnings but for now the current price seems to be fairly ok. It is no harm you holding this for some more time.

Further you can see that Rs8-9 was the long held resistance level for this stock but with this week's resurgence it has form a new resistance at Rs11 so be happy and enjoy how your investment delivers return for you. Now you have to see the prices in 2018 or 2019 not next year as it is quite certain now as what will be the price going to be.

Thanks and GL.

pure equity · 54 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Sat Aug 20, 2016 11:12 pm

pure equity

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thanks E C sir. but NAV is below 5 rs. so share price may be little bit come down ?

karuna · 55 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Sat Aug 20, 2016 11:27 pm

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Lite .n can get a profit too long termly . But I hope better to exit now . Because we cannot guarantee it will make profit next year.

It's function with interm financial results and asi number 5800 to 6600 asi 800 units use for 8 to 12
Probably why they stay until financial report.

However journey is happened 12 may be not necessarily to buy . if you brought 12 u had to stay another 400 or 500 units for sell above 14/15 with there beta base sometime.

So I hope better to follow some other fundamental share.

EquityChamp · 56 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Wed Aug 31, 2016 9:31 pm

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When I picked up this stock it was 7.90. Then with the capital gain saga it slipped to below 7/- as well. But after six months now how it looks like. Has established my value targets and stay above that. Also gave a handsome dividend of 50 cents. Total return for an investor who bought @ 7/- would be 79% in six months. (capital gain Rs 5/- + Dividend 0.5/-)

These are the matters to be discussed in public forums. Investors should know the value gaps . But mostly things which are in discussion in this forum are speculation and manipulation in nature. Fundamental discussions are very rare. Sad to write this.

Eng Krishantha · 57 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Thu Sep 01, 2016 12:07 am

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EquityChamp wrote:When I picked up this stock it was 7.90. Then with the capital gain saga it slipped to below 7/- as well. But after six months now how it looks like. Has established my value targets and stay above that. Also gave a handsome dividend of 50 cents. Total return for an investor who bought @ 7/- would be 79% in six months. (capital gain Rs 5/- + Dividend 0.5/-)

These are the matters to be discussed in public forums. Investors should know the value gaps . But mostly things which are in discussion in this forum are speculation and manipulation in nature. Fundamental discussions are very rare. Sad to write this.

true..

Teller · 58 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Thu Sep 01, 2016 12:41 am

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LITE is one of good analysis from EC.

lal62 · 59 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Thu Sep 01, 2016 7:27 pm

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I am a new comer to the forum and was in search of a site to read sound and unbiased stock market analysis ( discussions) , Seen and read quite a few So far , like to mention that obviously EC stands well above , and thanks for being so.

EquityChamp · 60 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Thu Sep 01, 2016 10:05 pm

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Welcome lal62 to the forum. As an early advise want to say that 90% talks going in this forum are speculative promotions based rather than discussing plusses and minuses of individual stocks. It is not like the past and at the moment the past glory had diminished alarmingly. So you need to think and digest more than normal course of action about most of the discussions happening here otherwise you can be a victim of a trap.

Good luck for the future.

lal62 · 61 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Fri Sep 02, 2016 1:17 pm

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Then new to the market couldn't avoid myself burning the finger in 2008 ,after few years returned back with bit broader understanding and still survive as my thing is only medium to long term .I appreciate your advice and comments , Thanks ,your statistics speak volumes of the true state of affairs in the market.Then again, fundamentally sound stocks when they are low is a safer way for me to handle at the moment , I guess

EquityChamp · 62 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Sun Apr 09, 2017 9:41 am

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It's truly a new beginning for LITE. Within a year for an investor who bought @ 7/- or 7.50 have two dividends. 55 cents and now 77 cents. The stock is trading at 11.80 as at 7th April. Dividend yield alone is close to 20% within one year and capital appreciation is more than 50%. Its at the very correct time I have revealed this stock in this forum. cheers

kassachandimal · 63 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Tue Apr 11, 2017 7:00 am

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Mr.EChamp what is ur idea about RICH ?

EquityChamp · 64 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Wed Apr 26, 2017 10:17 pm

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Surpassed 12 as well. Are there any winners from LITE?

EquityChamp · 65 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Thu Apr 12, 2018 7:10 am

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How would be the numbers for LITE. The stock price is holding above 11. Though the financials are not looking so attractive or the market sentiment looking weak still LITE holding the ground. What holds the future for LITE.

gayan1987 · 66 LAXAPANA BATTERIES PLC (LITE.N0000) Sat Oct 10, 2020 12:39 pm

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Laxapana Batteries PLC (Laxapana Batteries) is a Sri Lanka-based company engaged in assembling compact fluorescent light (CFL) bulbs, importing batteries and rechargeable torches, light-emitting diode (LED) bulbs, purchasing other consumer goods and selling in the local market. The Company markets LAXAPANA brand Zinc Chloride and Alkaline type AA and AAA batteries, CFL bulbs and Re-chargeable torches. The immediate and ultimate holding companies of Laxapana Batteries are E.B. Creasy & Company PLC and The Colombo Fort Land & Building Company PLC respectively.

With the Dividend announcement, Couldn't see big rally on this share. Seems some one collecting around 16 level and holding the upward trend. Any comments from expertise regarding current price? Is this good to collect now?

jaya · 67 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Sat Oct 10, 2020 4:00 pm

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LITE is the most benefited due to import restrictions and they having enough stocks for 6 months period.

gayan1987 · 68 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Fri Oct 16, 2020 10:48 am

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What you think about the movement with the Positive year end result?

gayan1987 · 69 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Wed Nov 04, 2020 5:30 pm

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Slowly and steady cross the 19. Hopefully big rally soon.

engineer · 70 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Thu Dec 17, 2020 11:06 pm

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meanwhile, tomorrow is the last day to grab a 6% div yield from this stock.

[url=https://cdn.cse.lk/cmt/announcement_portal_prod/laxa div-further announcement_2246145981830428.pdf]https://cdn.cse.lk/cmt/announcement_portal_prod/laxa%20div-further%20announcement_2246145981830428.pdf[/url]

MR.T5n · 71 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Fri Dec 18, 2020 8:03 am

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RI @15/=
is on the way........
Play Wisely bom

engineer · 72 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Fri Dec 18, 2020 9:15 am

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Yes that is true but the right issue is also for expansion to a new segment so LITE won't be bad for LT too

Thushara Ayya · 73 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Thu Jan 13, 2022 2:59 pm

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LAXAPANA BATTERIES PLC (LITE.N0000)

51 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Wed Aug 17, 2016 1:11 pm

pure equity

52 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Sat Aug 20, 2016 6:37 pm

pure equity

53 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Sat Aug 20, 2016 10:50 pm

EquityChamp

54 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Sat Aug 20, 2016 11:12 pm

pure equity

55 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Sat Aug 20, 2016 11:27 pm

karuna

56 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Wed Aug 31, 2016 9:31 pm

EquityChamp

57 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Thu Sep 01, 2016 12:07 am

Eng Krishantha

58 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Thu Sep 01, 2016 12:41 am

Teller

59 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Thu Sep 01, 2016 7:27 pm

lal62

60 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Thu Sep 01, 2016 10:05 pm

EquityChamp

61 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Fri Sep 02, 2016 1:17 pm

lal62

62 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Sun Apr 09, 2017 9:41 am

EquityChamp

63 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Tue Apr 11, 2017 7:00 am

kassachandimal

64 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Wed Apr 26, 2017 10:17 pm

EquityChamp

65 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Thu Apr 12, 2018 7:10 am

EquityChamp

66 LAXAPANA BATTERIES PLC (LITE.N0000) Sat Oct 10, 2020 12:39 pm

gayan1987

67 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Sat Oct 10, 2020 4:00 pm

jaya

68 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Fri Oct 16, 2020 10:48 am

gayan1987

69 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Wed Nov 04, 2020 5:30 pm

gayan1987

70 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Thu Dec 17, 2020 11:06 pm

engineer

71 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Fri Dec 18, 2020 8:03 am

MR.T5n

72 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Fri Dec 18, 2020 9:15 am

engineer

73 Re: LAXAPANA BATTERIES PLC (LITE.N0000) Thu Jan 13, 2022 2:59 pm

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