SEMB.X0000

VISA · 1 SEMB.X0000 Mon May 28, 2012 11:04 am

VISA

Senior Manager - Equity Analytics

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SEMB X IS GOING FOR 0.30
WHAT DO YOU THINK ?
WILL IT GO TO 0.20
BOOK VALUE IS 0.60
BUT THERE IS ONLY VERY VERY SMALL PROFIT !!!

http://www.cse.lk/cmt/upload_report_file/445_1337252844229.pdf

PLS ADVICE

Whitebull · 2 Re: SEMB.X0000 Mon May 28, 2012 12:32 pm

Whitebull

Assistant Vice President - Equity Analytics

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VISA wrote:SEMB X IS GOING FOR 0.30
BOOK VALUE IS 0.60

It is for SEMB.N

VISA · 3 Re: SEMB.X0000 Mon May 28, 2012 1:03 pm

VISA

Senior Manager - Equity Analytics

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It is for SEMB.N.

what you mean by "it is for SEMB.N" I thaught book value is calculated by deviding all voting and non-voting shares.

pls advice on calculation.

traderathome · 4 Re: SEMB.X0000 Mon May 28, 2012 10:52 pm

traderathome

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i though its in negative territory Very Happy

raa · 5 Re: SEMB.X0000 Tue May 29, 2012 8:31 am

raa

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It reduced its stated capital to offset retained losses so it does not have negative book value. I think this company will do better than the LKR 8mn quarter it posted. We'll have to see...things aren't very rosy at the moment.

That said, from what I saw yesterday, SEMB.X will go down to 0.20 I think. Buyers have dried up at 0.30. Sad