Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Contribute
Submit Post

Latest topics

» Shares to Buy
by abey Today at 12:07 am

» අගමැති ධූරයෙන් රනිල් ඉවත්වේ - ගෝඨාභයගෙන් ඇමති ධූර15 කින් යුතු භාරකාර රජයක්
by Cma Yesterday at 11:59 pm

» CITRUS LEISURE PLC (REEF.N0000)
by hanuma Yesterday at 11:39 pm

» SMB LEASING PLC (SEMB.N0000)
by Mr-Star Yesterday at 8:22 pm

» Where our leader teller
by Chathuranga55 Yesterday at 7:53 pm

» OPINION POLL: Presidential Elections 2020
by Miss-Sangeetha Yesterday at 7:04 pm

» FIRST CAPITAL HOLDINGS PLC (CFVF.N0000)
by ampm86 Yesterday at 6:45 pm

» Bulk Foreign Buyer for AEL worming up tomorrow (None Varified information)
by cseranga Yesterday at 5:27 pm

» Is Nimal Perera trying to push down East shares using Twitter to buy More at lower price to collect dividend?
by wbslstocks Yesterday at 12:30 pm

» B P P L HOLDINGS PLC (BPPL.N0000)
by Winner123 Yesterday at 12:00 pm

» GR-MR administration ready with economic strategy for Sri Lanka: Cabraal
by samaritan Yesterday at 11:58 am

» ROYAL CERAMICS PLC (RCL.N0000)
by NANDANA2012 Yesterday at 11:52 am

» S&P SL20 Companies
by Quibit Yesterday at 10:50 am

» AEL or RCL ?
by sarathwithana Yesterday at 10:33 am

» LOLC FINANCE PLC (LOFC.N0000)
by Promoney Yesterday at 9:12 am

» GENERAL ELECTION AROUND THE CORNER?
by samaritan Yesterday at 8:57 am

» First monetary policy review under new government on November 29
by fireshelter Mon Nov 18, 2019 10:53 pm

» Asph 100% GAIN... Rs 300 to Rs 600
by vikiperera Mon Nov 18, 2019 9:13 pm

» SIERRA CABLES PLC (SIRA.N0000)
by hammurabi Mon Nov 18, 2019 8:45 pm

» Truncation
by evanpattern Mon Nov 18, 2019 6:32 pm

» MULL trade up possibilities
by Arrowrisk Mon Nov 18, 2019 3:24 pm

POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC

Advertise

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » Any other share below PE of 5. Is it only DIMO?

Any other share below PE of 5. Is it only DIMO?

Go down  Message [Page 1 of 1]

dineshfernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Just want to find out whether any other shares in CSE trading below 5 PE other than DIMO.

DIMO PE:
Last 2 quarters earnings totalling Rs. 170.00 and let's assume earning in the next two quarters will be Rs. 130/= in a worst situation. Annualised Earnings will be Rs. 300/=. PE is 1,300/300= 4.3 times

This is simply amazing. I think neither investors nor directors do justice to this share. Someone is selling this share each time when it tries to go up. Aren't directors have a duty to protect the shareholders? many useless shares trading at a PE of more than 60 and still going up but DIMO is going down day by day.
Are fundamentals dead at CSE?

One problem with DIMO is that it's value make small investors unreachable. Hope Directors will make a sub division sooner than later.

BTW is there any other share in the market which trade below 5 PE?

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@dineshfernando wrote:Just want to find out whether any other shares in CSE trading below 5 PE other than DIMO.

DIMO PE:
Last 2 quarters earnings totalling Rs. 170.00 and let's assume earning in the next two quarters will be Rs. 130/= in a worst situation. Annualised Earnings will be Rs. 300/=. PE is 1,300/300= 4.3 times

BTW is there any other share in the market which trade below 5 PE?

If we assume there wont be any losses in next 2 or 3 quarters.. then following Voting counters may trade below P/E 5 at the moment (if we consider only the present price).

DIPP- With the help of one off gain
OFEQ- Probably the lowest P/E value in CSE. But no point talk more as impossible to buy even 100 shares.

Note: It's so damn hard to find a fundamentally sound share with very very low P/E value (below 5). As you said DIMO may be the only one.

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

This will be confusing as it depends
a) on trailing PE
b) do you include capital gains
c) forward PE ( future expectations )

If trailing considering cumulative aggregate eps of past 12 months

* check plantations companies including KGAL
* CFVF , CSEC
* CDB


Also closer ones like

* JINS
* DIST
with pe 5-6 comes to mind

These will fit your PE criteria but there will be one time gains which should not be projected as future repeats


DIMO is still outstanding . Even with a profit drop DIMO is likely to report EPS of 270-300 as you identified.

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics


BTW , regarding DIMO.

I hope thge person selling on the open markedt will stop this madness and wait till it appreciate to dispose.

I understand if someone is desperate to sell share for a reason of their own. What I do not understand with DIMO is why would anybody sell a PE 5 company at any going rate in the market than let is appreciate. That person would get a better gain if he/she sell with higher profit.
This is absurd. Unless there is secret we do not know.

5Any other share below PE of 5. Is it only DIMO? Empty DIMO on Mon Oct 31, 2011 12:14 pm

stoka


Senior Equity Analytic
Senior Equity Analytic
One director is selling continuously. He probably knows DIMO status better than us.

godswen

godswen
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@stoka wrote:One director is selling continuously. He probably knows DIMO status better than us.


Well, that is Mr. A.N Algama. He has sold only 10,000 shares. and his stake has gone down to 213,739 shares from 258,372 shares in March 2011. He is the only director who has been selling DIMO and others are holding their positions. So we can't come to a conclusion just by looking at director sell off.

On the other hand ETF and Thurston Investments LTD have sold a lot. They might have sold some directly in the market. That might have caused the price to be stagnant

Rajitha

Rajitha
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
1.Without One off gains!
2.For the current price for the coming financial year

CDB and ALLI will show PE ratios of less than 5!
KGAL will be around PE of 5-7!

Universalgoal


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
but Fundas not moving with current condition may be next year

Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum