RENU - 31.03.2012

hunter wrote:It is indeed very good price to collect.
What will be the good price to sell; any suggestions?

Antonym wrote:

hunter wrote:It is indeed very good price to collect.
What will be the good price to sell; any suggestions?

Rs 800

Antonym wrote:http://www.cse.lk/cmt/upload_report_file/569_1337770938074.pdf

Net Assets Per Share: Rs 296.63
Earnings Per Share: Rs 68.43
P/E Ratio: 2.63
Cash per share: Rs 111.76
Expected Dividend Yield: 3.06%
Market Price: Rs 180.00

Go figure!

Monster wrote:

Antonym wrote:http://www.cse.lk/cmt/upload_report_file/569_1337770938074.pdf

Net Assets Per Share: Rs 296.63
Earnings Per Share: Rs 68.43
P/E Ratio: 2.63
Cash per share: Rs 111.76
Expected Dividend Yield: 3.06%
Market Price: Rs 180.00

Go figure!

If you calculate the real value of the investments based on current market price, the net asset value worth around Rs 400/-. However, currently trading around Rs 200/-.

As of balance sheet, cash and cash equivalents is Rs 782 million, which is equivalent to Rs 111/- per share. Can we expect a dividend during this quarter?

slstock wrote:

Monster wrote:

Antonym wrote:http://www.cse.lk/cmt/upload_report_file/569_1337770938074.pdf

Net Assets Per Share: Rs 296.63
Earnings Per Share: Rs 68.43
P/E Ratio: 2.63
Cash per share: Rs 111.76
Expected Dividend Yield: 3.06%
Market Price: Rs 180.00

Go figure!

If you calculate the real value of the investments based on current market price, the net asset value worth around Rs 400/-. However, currently trading around Rs 200/-.

As of balance sheet, cash and cash equivalents is Rs 782 million, which is equivalent to Rs 111/- per share. Can we expect a dividend during this quarter?

I belive they will get around a RS 4 dividend from DFCC shares per RENU share next quarter also.

mark wrote:there may be a 5Rs dividend on the way,but this time it may be more
but i sold all my RENU today at 200 which bought at 184 level in avrg from poor panic sellers who ddnt knew the value of a share
more than 10% within days without less risk

Antonym wrote:

mark wrote:there may be a 5Rs dividend on the way,but this time it may be more
but i sold all my RENU today at 200 which bought at 184 level in avrg from poor panic sellers who ddnt knew the value of a share
more than 10% within days without less risk

@mark: You sold?! Then you also don't know the value of the share.

I was amazed at the number of shares that changed hands at Rs 200 today... How does the share look technically? A surge in volume often signifies the end of a trend...

"Expansion of range and high volume - If a stock is drifting along sideways in a narrow range and all of sudden it breaks to the upside with an increase in range and volume, then we can conclude that there is increased interest in the stock and it will probably continue higher.

"Narrow range and high volume - If a stock has very high volume for today but the range is narrow then this is called churning. In this case, significant accumulation or distribution is taking place."
(http://www.swing-trade-stocks.com)

mark wrote:there may be a 5Rs dividend on the way,but this time it may be more
but i sold all my RENU today at 200 which bought at 184 level in avrg from poor panic sellers who ddnt knew the value of a share
more than 10% within days without less risk

Carolis wrote:

mark wrote:there may be a 5Rs dividend on the way,but this time it may be more
but i sold all my RENU today at 200 which bought at 184 level in avrg from poor panic sellers who ddnt knew the value of a share
more than 10% within days without less risk

How come you earned 10% profit from this? Bought 184 n sold 200. Don't over estimate urself.

mark wrote:ohhh let me elaborate..

*actually its not 10%,i just rounded it..(when calculate with high brokerage its far below )
*im telling the person who sold at 180 levels
*trust me-i never bought RENU over 200,always below(in 2012)
*im selling even at 1% profit in this market(exclude brokerage),this brokerage is too much
*im not a holder of any share,no matter whether its the most valuable share
*i was wrong today,i thought it may traded around some small lots at 200,but suddenly it was highly traded(my initial order was at 208.50)
*im in credit
*there was no one willing to buy this at 180-so the best bid was at 176 and i was at below thinking a chance,but i ddnt got
*today buy was sure not by retailers,probably by a investor

if you are an INVESTOR 200 is a good price to enter and hold