I can't understand WAPO & nobody talks about that.....

niroshkanna

niroshkanna

Stock Trader

Posts : 2
Equity Stars : 4657
Reputation : 0
Join date : 2011-08-14

Halo mermberss.......can u explain me wt s da business of wapo.......and wt s da eps of them.....and y s deckine so much........pls explain me......

Last edited by rijayasooriya on Sat Nov 19, 2011 9:19 pm; edited 3 times in total (Reason for editing : title shortened.)

Gaja

Gaja

Associate Director - Equity Analytics

Posts : 3127
Equity Stars : 9681
Reputation : 260
Join date : 2011-01-27
Age : 40
Location : Colombo

i personally feel its presently overvalued, but it ranging between 135 to 175, so if you can monitor the moments very carefully you can earn in short term but you must have the holding power as well as must be willing to incur loss sometimes. More importantly don't do it on credit

Aamiable

Aamiable

Vice President - Equity Analytics

Posts : 1284
Equity Stars : 6286
Reputation : 176
Join date : 2011-02-21

anyway ..Keep an eye

Monster

Monster

Senior Vice President - Equity Analytics

Posts : 1708
Equity Stars : 8182
Reputation : 279
Join date : 2011-01-22

Even at Rs 135/- it's overvalued. WAPO holds EXPO and TJL on it's portfolio. These both shares have came down dramatically after the IPO. Fair valuation for WAPO is below Rs 40/-. But it's hardly unlikely it will reach that level. For me CINV and GAUR are much attractive than WAPO.

sriranga

sriranga

Co-Admin

Posts : 6822
Equity Stars : 23032
Reputation : 2855
Join date : 2011-02-01
Location : London

The Principal activities of the company manges and holds an investment Portfolio.

Please find below the Last 11 years EPS, NAV, Dividend Paid & Market Price.

I can't understand WAPO & nobody talks about that..... Wapo10

I can't understand WAPO & nobody talks about that..... Wapo10

No comments regarding the price or buy/sell from my part.

pathfinder

pathfinder

Senior Manager - Equity Analytics

Posts : 441
Equity Stars : 5231
Reputation : 33
Join date : 2011-08-19

WAPO is not a good counter according to fundamentals,but it runs time to time.for example few days back it move to 154 from 137 in a flash.I was lucky to sell at 151 and reenter at 130,will move above 160 if ASI is green.
BTW this is not to promote WAPO, Decision is up to you

monash

monash

Senior Manager - Equity Analytics

Posts : 354
Equity Stars : 6259
Reputation : 16
Join date : 2011-01-22

agreed with monster. WAPO is one of the favorite stock of manipulators.
It set a record by being most expensive stock @ CSE before rights issue. Very Happy

It is the all time strongest manipulation by pushing WAPO above 10,000.

Before the rights issue it has been considered as an illiquid. But now WAPO is no longer illiquid stock. as monster mentioned i don't see WAPO worth more than 40. That might be the reasons why this stock is very silent on recent past.

If you want to invest on investment companies CINV and RHL are better deals which are still undervalued.

Monster

Monster

Senior Vice President - Equity Analytics

Posts : 1708
Equity Stars : 8182
Reputation : 279
Join date : 2011-01-22

If you are to invest in investment Trusts sector, just look at CIT and CFI. These two companies are listed in investment trusts sector and part of CFLB group.

NAV as of 2Q interim statement.

CIT - Rs 23.09
CFI - Rs 33.64

If you look at it's NAV, we cannot justify it's current price. However, if you look at market value of investments,
CIT - Rs 472.41
CFI - Rs 438.79

For more details, read notes in 2Q interim statements.

Presently these two companies are trading at Rs 300/-. Considering market of value of investment these are trading much below it's real value.

However, I would like to add one more point, these two companies heavily invested on their related companies. Therefor, it's highly unlikely that they will sell their investment to realize the profit.

Sponsored content

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Latest topics

I can't understand WAPO & nobody talks about that.....

1 I can't understand WAPO & nobody talks about that..... Sat Nov 19, 2011 9:13 pm

niroshkanna

2 Re: I can't understand WAPO & nobody talks about that..... Sat Nov 19, 2011 9:37 pm

Gaja

3 Re: I can't understand WAPO & nobody talks about that..... Sat Nov 19, 2011 9:41 pm

Aamiable

4 Re: I can't understand WAPO & nobody talks about that..... Sat Nov 19, 2011 10:11 pm

Monster

5 Re: I can't understand WAPO & nobody talks about that..... Sat Nov 19, 2011 10:25 pm

sriranga

6 Re: I can't understand WAPO & nobody talks about that..... Sun Nov 20, 2011 9:07 am

pathfinder

7 Re: I can't understand WAPO & nobody talks about that..... Sun Nov 20, 2011 12:21 pm

monash

8 Re: I can't understand WAPO & nobody talks about that..... Sun Nov 20, 2011 12:56 pm

Monster

9 Re: I can't understand WAPO & nobody talks about that.....

Sponsored content

New topics