REG – CDS Quantity ONLY 2 Mil

Sure N Shot · 1 REG – CDS Quantity ONLY 2 Mil Thu Mar 31, 2011 12:42 am

Sure N Shot

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Dividend Rs. 6, NAVP 101.06 (Up by 43%), EPS 14.87(Up by 50%),
Excellent fundamentals... Main focus should be - Highly illiquid (CDS quantity only 2.049 Mil), then 87.57% is with First 20 Holders - Very high possibilities for 4 x NAVP or above, comparing with CFLB (14Mil) and BFL ( 10Mil) ...Etc.

True Sri Lankan Manufacturer: REG is the leading manufacturer of Refrigerators, Washing Machine ...Etc in SL, and will expand internationally very soon. With March annual report, under sales expansion in the North & East, we can expect a massive growth of revenue / profits.
No-wonder that it has given a dividend of Rs. 6 (10 March), and worthy with the present price level, comparing with other illiquid stocks (CFLB, BFL ..Etc).

It went up to 260 levels and came back, because someone is collecting again while discouraging buying levels. The high investor Dr. S is holding 23.26% at present, and probably will increase the stake as highly illiquid. Moreover, there are high possibilities of short / mid / long term gains.
Please check web link below:
[url=http://www.cse.lk/cmt/upload_report_file/682_130 0272633080.pdf]http://www.cse.lk/cmt/upload_report_file/682_130 0272633080.pdf[/url]

Last edited by Sure N Shot on Thu Mar 31, 2011 12:56 am; edited 1 time in total (Reason for editing : Updated)

cse.alpha · 2 Re: REG – CDS Quantity ONLY 2 Mil Thu Mar 31, 2011 8:22 am

cse.alpha

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REG is a good company, and is expected to report strong sales in refrigerators and washing machines, but the shareholding structure details given are incorrect.

As at 31st December 2010, Dr.Sentilverl had reduced his stake to 7.5% (not 23%) and the Top 20 shareholders held only 78.3% (not 88%) - as large share volumes traded since 31st December 2010, even the 31st December 2010 shareholder list may not be very accurate as of today too.

Refer REG interim at http://www.cse.lk/cmt/upload_report_file/682_1298886539862.pdf for confirmation.

Refer older posts re: REG at:
http://forum.srilankaequity.com/t478-recommendations-regsinisins?highlight=SINS
http://forum.srilankaequity.com/t1110-regsinisins?highlight=SINS

Sure N Shot · 3 REG – CDS QUANTITY ONLY 2 MIL Thu Mar 31, 2011 10:49 am

Sure N Shot

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Hey CSE Alpha, Are you also collecting REG? - I can see your previous posting (Web Link) that implied a small discouragement while having few + points . Though Dr. has 7.5%, high corporate buying has filled accordingly while main holder (Singer SL) having 53.45% unchanged. When 78.3% is with main 20 holders, comparing the CDS quantity(2Mill), it is nothing to get worried even it goes down to 50-55%, because such illiquid shares (with good fundamentals) got air-born rapidly - Example CFLB, BFL ...Etc.
Thanks for the corrections, which I could further see it (I had refer 2009 list as in web)
Please refer page 80-81 of the web link below:
Today, there is an extraordinary meeting....hope for the best....any good news? http://www.cse.lk/cmt/upload_report_file/682_1300272633080.pdf

Last edited by Sure N Shot on Thu Mar 31, 2011 11:12 am; edited 2 times in total (Reason for editing : Technical)