Refer my post in research section posted some time back.
http://research.srilankaequity.com/t312-shares-that-can-give-near-100-returns-in-2012
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hariesha wrote:It's a rough figure. I'll publish a new update once time permits.
But look at EPS for the quarter. It's Rs.1.44 (not annualized, it's for the quarter) which gives an annual EPS of Rs. 5.76. Last traded price is Rs.11.00. So actual forward PER is 1.909X, and last 12 months trailing PER is 12.9X. Lot of people relies on trailing PER which is misleading and its past performance. I am using trailing PER for selling decisions. But when buying I think forward PER is more relevant if the underlying security does not have significant other income.
I believe REXP, PARQ and Renuka group (RAL, RHL and COCO) are excellent medium term shares. But bit difficult to accumulate quantities unless there is panic selling.
Last edited by slstock on Wed May 30, 2012 1:33 pm; edited 1 time in total
PARQ could not sustain it's profit in the first quarter. Turnover has dropped drastically compared to the previous quarter. Loss per share for the quarter is Rs 0.65, whilst company has recorded Rs 1.44 Earning per share in the previous quarter.hariesha wrote:Swistec has announced their yearend results yesterday. They perform more than expected. At current prices their forward PER is 2.5X and PBV is 0.5. Those who like a med term investment it's an opportunity.
Refer my post in research section posted some time back.
http://research.srilankaequity.com/t312-shares-that-can-give-near-100-returns-in-2012
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