All the business verticals will do better in coming years… If you invest now before the board clearance, probably you can get 100% gain in mid 2022.
It is having a bunch of gems like Retail, PVC, Tyre, Exports(REXP), Plantation(KGAL, NAMU, MASK), Insurance(AINS). RICH is the ultimate parent of above listed companies, it is well-positioned to be a beneficiary of rubber products and palm oil export drive.
I would say it is the best conglomerate listed in the bourse, and it should trade PER with JKH, CARG, MELS, HHL, SUN trading PER.
Also, the news about Rubber-related product exports reached $1 billion for the first time. Much awaited benchmark for the industry and providing chemical fertilizers to tea planters by SL Government at concessional price will immediately affect the RICH!