RICHARD PIERIS AND COMPANY PLC (RICH.N0000)

AsithaDe · 26 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Tue Apr 28, 2020 7:34 pm

AsithaDe

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EquityPlus wrote:

AsithaDe wrote:Income Tax % of Past 10 years

Rich - 27%
Spen - 17.3%
JKH - 16%

Anybody know why it is high in Rich ?

Hi Asitha,
Income tax provisions of companies have been calculated on their adjusted profits at the standard rate of 28%, except for Companies which are enjoying income tax exemptions or subject to concessionary tax rates.

If you look at SPEN, Group, their effective income tax rate is around 21% after considering all tax exemptions

Thanks Brother

anges · 27 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Tue Apr 28, 2020 9:02 pm

anges

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great research and valuation ! good job ! we need more people like you

lakymahesh · 28 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Tue Aug 18, 2020 5:51 pm

lakymahesh

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any updates on the Dividend ?

Lawa · 29 RICH.N000 is heating up. Fri Aug 21, 2020 12:12 pm

Lawa

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Fundamentally strong, good financial figures. If it canovercome the liquidation this is one of the hidden gems in the market. Will reach 13-14 with the announcement of dividend.
Cheers ..

Mithooshan · 30 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Fri Aug 21, 2020 1:19 pm

Mithooshan

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Is it worth at 11.30 ?

Lawa · 31 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Fri Aug 21, 2020 1:32 pm

Lawa

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Are you new to this? Refer the financials before you invest. The price was stagnated for some time and now it's moving. This normally reaches to 13 near the dividend XD date.

Mithooshan · 32 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Fri Aug 21, 2020 1:36 pm

Mithooshan

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Yes, i am. Thanks for the infor Lawa.

Lawa · 33 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Fri Aug 21, 2020 1:44 pm

Lawa

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Mithooshan wrote:Yes, i am. Thanks for the infor Lawa.

If you're new to this please refer figures belated to share analysis like EPS, BOOK VALUE, .. There are many YouTube channels even in Sinhala . Make your own decisions coz most of us are biased on the shares we've picked. And some are long term waiters while some need quick buck.
Happy trading.
Cheers ..

Nandun · 34 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Fri Aug 21, 2020 1:52 pm

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Lawa wrote:Are you new to this? Refer the financials before you invest. The price was stagnated for some time and now it's moving. This normally reaches to 13 near the dividend XD date.

Are there any expectations near dividend payment?

Lawa · 35 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Fri Aug 21, 2020 2:34 pm

Lawa

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Open 10.70 closed 11.80

Mithooshan · 36 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Fri Aug 21, 2020 2:36 pm

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Actually irrespective of dividend it was a good buy !
Thanks Lawa

Lawa · 37 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Fri Aug 21, 2020 3:40 pm

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Mithooshan wrote:Actually irrespective of dividend it was a good buy !
Thanks Lawa

Anytime Shan.
Cheers..

Lawa · 38 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Fri Aug 21, 2020 6:22 pm

Lawa

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Nandun wrote:

Lawa wrote:Are you new to this? Refer the financials before you invest. The price was stagnated for some time and now it's moving. This normally reaches to 13 near the dividend XD date.

Are there any expectations near dividend payment?

Yeh. We expect the price to go up near the XD date. RICH hasn't given a dividend yet.

Teller · 39 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Sat Aug 22, 2020 12:33 am

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Its very difficult to RICH to give a dividend this time but surely REXP will do it

gihanmig · 40 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Sat Aug 22, 2020 12:59 pm

gihanmig

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Why RICH.N priced up immediately?

Mithooshan · 41 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Sat Aug 22, 2020 7:27 pm

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Thanks for sharing your thoughts with us Teller. Can you please give us an indication as to why you think it is difficult to declare a dividend (may be they will give a script dividend?)

Lawa, do you agree with teller or have a different opinion regarding dividend ?

I see two reasons for your question Gihan,
1) One reason for market price to increase is dividend expectation but when i checked investing.com the peiod on which they provide dividend is different. However, for the last F/Y they have not paid a dividend yet. So it is possible that market price went up with an expectation for dividend soon.

2. They are yet to publish Annual Report for 2019/20 but considering Covid they have reported a descent turnover based on the turnover value mentioned in the disclosure. So another reason could be expectation of a favourable annual report in the coming week.

If Lawa shares his\her views on Tellers’s opinion you will be able get better clarity on the matter.

Last edited by Mithooshan on Sat Aug 22, 2020 7:51 pm; edited 1 time in total

Lawa · 42 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Sat Aug 22, 2020 7:49 pm

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Mithooshan wrote:Thanks for sharing your thoughts with us Teller. Can you please give us an indication as to why you think it is difficult to declare a dividend (may be they will give a script dividend?)

Lawa, do you agree with teller or have a different opinion regarding dividend ?

Gihan based on this thread, the reason for market price to increase is dividend but when i checked investing.com the peiod on which they provide dividend is different. However, for the last F/Y they have not paid a dividend yet. So it is possible that market price went up with an expectation for dividend soon.
(Not sure whether there was any other reason driving share price to move up)

If Lawa shares his\her views on Tellers’s opinion you will be able get better clarity on the matter.

They'll never give a scrip coz liquidity is already sky high. That's the only issue with this. All of their diversified sectors performed well in the previous quarter. This sudden trend has only one reason IMHO .. DIVIDEND !!
Cheers ..

Mithooshan · 43 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Sat Aug 22, 2020 7:51 pm

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Thank you Lawa, oh yes, their liquidity is high indeed so script dividend is out.

Tissa · 44 Rich ........15/-.......... Fri Sep 11, 2020 5:17 am

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Rich will hit 15/-

Tissa · 45 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Mon Sep 14, 2020 12:27 pm

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Will reach 15 very soon.....

smnsam · 46 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Mon Sep 14, 2020 2:09 pm

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still 12.20

Eranga87 · 47 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Mon Sep 14, 2020 2:16 pm

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not now. better move TJL. LMF

Lawa · 48 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Mon Sep 14, 2020 2:39 pm

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14 is the next target. Then 15.

Tissa · 49 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Mon Sep 14, 2020 6:34 pm

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Collection going on........will hit 15 easily

Lawa · 50 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Tue Sep 15, 2020 5:20 pm

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14 target achieved ..bnow 15

pra4u · 51 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Wed Sep 16, 2020 3:29 pm

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went to 14.50 and dropped to 13.20

is the rally(bubble) over?
any advise on exit price?

Lawa · 52 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Wed Sep 16, 2020 7:49 pm

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pra4u wrote:went to 14.50 and dropped to 13.20

is the rally(bubble) over?
any advise on exit price?

Bubble? It's not a bubble. Price needs to adjust with the market trend plus the dividend date will be announced soon..

jaya · 53 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Wed Sep 16, 2020 7:54 pm

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Compare with other stocks RICH and VONE just start to run, no worries if board it.

Lawa · 54 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Fri Sep 18, 2020 2:24 pm

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About to break the next price ceiling ..14

Lawa · 55 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Mon Sep 21, 2020 12:40 pm

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Just as predicted.. Very Happy

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RICHARD PIERIS AND COMPANY PLC (RICH.N0000)

26 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Tue Apr 28, 2020 7:34 pm

AsithaDe

27 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Tue Apr 28, 2020 9:02 pm

anges

28 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Tue Aug 18, 2020 5:51 pm

lakymahesh

29 RICH.N000 is heating up. Fri Aug 21, 2020 12:12 pm

Lawa

30 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Fri Aug 21, 2020 1:19 pm

Mithooshan

31 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Fri Aug 21, 2020 1:32 pm

Lawa

32 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Fri Aug 21, 2020 1:36 pm

Mithooshan

33 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Fri Aug 21, 2020 1:44 pm

Lawa

34 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Fri Aug 21, 2020 1:52 pm

Nandun

35 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Fri Aug 21, 2020 2:34 pm

Lawa

36 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Fri Aug 21, 2020 2:36 pm

Mithooshan

37 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Fri Aug 21, 2020 3:40 pm

Lawa

38 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Fri Aug 21, 2020 6:22 pm

Lawa

39 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Sat Aug 22, 2020 12:33 am

Teller

40 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Sat Aug 22, 2020 12:59 pm

gihanmig

41 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Sat Aug 22, 2020 7:27 pm

Mithooshan

42 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Sat Aug 22, 2020 7:49 pm

Lawa

43 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Sat Aug 22, 2020 7:51 pm

Mithooshan

44 Rich ........15/-.......... Fri Sep 11, 2020 5:17 am

Tissa

45 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Mon Sep 14, 2020 12:27 pm

Tissa

46 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Mon Sep 14, 2020 2:09 pm

smnsam

47 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Mon Sep 14, 2020 2:16 pm

Eranga87

48 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Mon Sep 14, 2020 2:39 pm

Lawa

49 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Mon Sep 14, 2020 6:34 pm

Tissa

50 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Tue Sep 15, 2020 5:20 pm

Lawa

51 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Wed Sep 16, 2020 3:29 pm

pra4u

52 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Wed Sep 16, 2020 7:49 pm

Lawa

53 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Wed Sep 16, 2020 7:54 pm

jaya

54 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Fri Sep 18, 2020 2:24 pm

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55 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000) Mon Sep 21, 2020 12:40 pm

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56 Re: RICHARD PIERIS AND COMPANY PLC (RICH.N0000)

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