FOR ALL RICH SHAREHOLDERS

MarketW · 1 FOR ALL RICH SHAREHOLDERS Mon Aug 01, 2011 10:17 am

MarketW

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RICH is going to booom so dont sell at low prices...Let it fly...and Dont Panic and sell later disappoint.......Rich is one of the best stock that is undervalued in the Market...
Happy Trading..... Smile

sajeethk · 2 Re: FOR ALL RICH SHAREHOLDERS Mon Aug 01, 2011 10:33 am

sajeethk

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do you think so. till what price it will go?

can you explain the calculation to determine the undervalue status.

Soundchips · 3 Re: FOR ALL RICH SHAREHOLDERS Mon Aug 01, 2011 10:39 am

Soundchips

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I am holding...

MarketW · 4 Re: FOR ALL RICH SHAREHOLDERS Mon Aug 01, 2011 11:10 am

MarketW

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#RICH earnings pattern:
30.09.2010 – 434.25 Mn
30.06.2010 – 270.50 Mn
31.03.2010 – 330.70 Mn
31.12.2009 – 400.10 Mn

Last 04 quarter earnings – 1435.44 Mn
Shares = 1935 Mn
EPS = 1435 / 1935 = 0.74

#RICH can Value @ diversify sector PER of 22.00

Fairly Share Valuation = EPS 0.74 x PER 22 = Rs.16.30 level.

With the current massive earnings of #KGAL and #NAMU (subsidiaries), actually #RICH is worth more than Rs.18.00 now.

This is what Dr Yakdehige told recently about the Plans and the targets of RICH.It is very important to understand the future prospects and the path of #RICH.
RICHard Pieris mulls tourism

Sets target to achieve Rs 2.5 b net profit:

To venture overseas with strategic investments:

RICHard Pieris Group has set targets to achieve a net profit of Rs 2.5 billion by the end of this year, while expecting to exceed the net profit Rs three billion in 2011.
He said the group is planning on building a 100 room luxury hotel in Colombo.

The company is seeking a partner for this project. The group owns lands in Tangalle, Trincomalee, Kandy and Nuwara Eliya. They are looking into possibilities of venturing into the leisure sector as the leisure industry has become a fast growing industry.

The restoration of peace has re-gained the confidence of doing business in Sri Lanka while passing the same feeling to the customers.

The green Arpico Supercentre is another step of the master plan and the company will provide over 1,000 job opportunities within the next 18 months along with their expansion programs.

"The introduction of the green concept helps to reduce cost, while passing the benefits of it to the customers. During the next two years the Group will create ways and means to go green as much as possible. RICHard Pieris Group is promoting nano technology in saving energy in Sri Lanka as the cost of energy is high," Dr Yaddehige said.

RICHard Pieris Group is expecting to take their footprint overseas with investments in Bangladesh, Papua New Guinea and Middle-Eastern countries.

The Chairman said RICHard Pieris Group has three modules of business catering to all segments of society and is contributing to improve the rural livelihood.

With the continuous rain during the past few weeks the rubber prices recorded its highest ever increase. Due to the rain the demand and prices increased significantly. He said if the rain continues the prices will undoubtedly increase.

Arpico Finance Ltd a subsidiary of the RICHard Pieris Group also performed substantially well during the year. The company will enter the capital market once the Group finds that the stock market is on an upward trend. However, the company has no immediate intention of getting listed," Dr Yaddehige said.

RIO · 5 Re: FOR ALL RICH SHAREHOLDERS Mon Aug 01, 2011 11:18 am

RIO

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Dear MarketW,

Out of your total 06 Post so far....2 are on this thread re RICH & another 02 on another thread posted by you just few days back Re RICH again....
http://forum.srilankaequity.com/t7555-rich-may-be-a-winner?highlight=rich

This gives me an idea of you registered with this forum purposely to Promote RICH... Very Happy

any way wish your dream of RICH @ 30/- may come true at least by 2016...LOL

MarketW · 6 Re: FOR ALL RICH SHAREHOLDERS Mon Aug 01, 2011 12:16 pm

MarketW

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I dont care if you think i want to promote or not just you should no RIO my intend is to give facts about rich future prospects.Not Ur fantasys....

manula · 7 Re: FOR ALL RICH SHAREHOLDERS Mon Aug 01, 2011 12:18 pm

manula

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MarketW wrote:I dont care if you think i want to promote or not just you should no RIO my intend is to give facts about rich future prospects.Not Ur fantasys....

Thanks for the facts... this facts we have talk many times in this forum,,,,