IMAGE IS FADING AWAY (LCEY)

worthiness · 1 IMAGE IS FADING AWAY (LCEY) Wed Aug 03, 2011 3:18 pm

worthiness

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Market has been experiencing a high volatality in past months but popping up many counters at intervals (irrespective of liquidity) focussing investors' attention. Thereby investors are on the alert & have been transacting witht those shares. Also as a practice, investors follow up ongoing changes to managment, acquisitions & mergers & proftabiliy etc. as a going concern business.

Many are questioning prolonged hush & the inactive nature of Lankem (LCEY) & its snail's pace since February of this year. it seems many are not interested on this strong counter. It is the known fact the wide publicity given on bad effect of chemicals imported by agro-chemical companies. Is this the main reason for this drawback? Is this counter limited to certain class of investors (HNWI).

Experts please enlighten the readers of this forum. Thanks

lbnnirmal · 2 Re: IMAGE IS FADING AWAY (LCEY) Wed Aug 03, 2011 4:27 pm

lbnnirmal

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I don't think so because most of the great counters also not performing as investors expect. Actually it's due to the current market situation. So we need to wait little while until market comes to the it's own state. After It comes to the stable situation we may able to see those BULL runs in many counters

cse_investor · 3 Re: IMAGE IS FADING AWAY (LCEY) Wed Aug 03, 2011 8:33 pm

cse_investor

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Personally I believe that LCEY will be one of the stars of the future. The group is doing very well, posting solid and healthy growth, with a smart and thought-through long-term strategy. LCEY is cash-rich and we can expect them to announce at least 2-3 acquisitions or new developments during the second half of 2011. Stock is currently trading at a PE of 10, which is less than half of what it could be based on their performance. Reason for the "snail pace" is the general downturn of the whole market. Chemicals are only a small part of LCEY's revenue streams, so I doubt it has anything to do with that. Once the current CSE issues are resolved I am fairly certain LCEY will go back to 500 levels very quickly, and then move from there. I'm very bullish on LCEY in the mid-term.

THIS IS NOT A BUY OR SELL RECOMMENDATION BUT ONLY MY OWN OPINION!

cse_investor · 4 Re: IMAGE IS FADING AWAY (LCEY) Wed Aug 03, 2011 8:40 pm

cse_investor

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LCEY Segmented Revenue 2011 ('000)

Chemicals 4,357,588 (17.4%)
Consumer 6,625,551 (26.5%)
Hardware 6,297,642 (25.2%)
Construction 96,931 (0.4%)
Hotels 595,102 (2.4%)
Plantations 7,010,576 (28.0%)
Agriculture 29,330 (0.1%)
Total 25,012,720