In case of EXPO - they continue its growth. each month they generates 2 Billion Cash. Can imagine with in a month that much of largests money (Last quarter 6 Bn plus). Again I say each month profitability of Sri Lankan Rupees 02 Billion plus. can name any other company in SL. (LOLC comes to 2nd with 4 B. How about JKH/HAYL/SPEN..?)
Also in EXPO - we see top line massive Revenue growth and same as New investments/acqutions /business explanations. This will further helps to their future earnings. Current EXPO price appreciation purely supported by its earnings. Also Investors should do homework on about other Logistic companies around the world during last 12 months. MAERSK, CMA-CGM, XPO, SGH, DHL,.....etc. all of these share prices are now trading in peak with PE's above the 22 plus.
That's why we always say further possibilities on EXPO.
Talking of BFL/TAFL/GRAN - Few years earlier prices were reached to its peak 200/300/400 plus with supported by earnings +investor attraction. later all prices were came down, due to various reasons and saw less investor attractions. This is market cycle and we should intelligent and understand the pattern and trade. I believe again in mostly next year, BFL/TAFL/GRAN can reaches to same levels, once all factors comes to positive.
My advice - understand the pattern and trade.
Thanks