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I have updated Renuka Group ratios with full year results for member's reference. Intention is not promoting for traders but for people who wants to build up a quality investment portfolio with more than three month horizon. But if this up trend continues for more than a week even short term gains are likely as people who bought SWISTEC bellow 10.50 got a 33% gain today and it was within three weeks.
* Renuka group is mainly export driven and hence sustainable in local inflation conditions.
* They will benefit immensely from Rupee depreciation.
* Asset valuations are due in 2012.
* Shares are bit difficult to collect, but prevailing conditions might provide some opportunities.
* Open for discussion.
http://research.srilankaequity.com/t424-valuations-of-renuka-group-with-q4-2011-2012-results#485
* Renuka group is mainly export driven and hence sustainable in local inflation conditions.
* They will benefit immensely from Rupee depreciation.
* Asset valuations are due in 2012.
* Shares are bit difficult to collect, but prevailing conditions might provide some opportunities.
* Open for discussion.
http://research.srilankaequity.com/t424-valuations-of-renuka-group-with-q4-2011-2012-results#485
Thanks hariesha...
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