RICH worth holding?

Slstock · 26 Re: RICH worth holding? Mon Feb 07, 2011 3:46 pm

Slstock

Director - Equity Analytics

Posts : 6610
Join date : 2011-01-22

knowledge wrote:

mono wrote:

Gaja wrote:Will it stay at 15, or pass the todays highest of 15.40 with the results out

i think this will go past 16 in the next two days

Fully agree, this should pass Rs16 shortly and maybe even go further than that within a week or two.

If chairmans annual profit estimates are reached it is a easily a Rs 20 share in the medium term. But his 2.5 profit estimate is a bit skeptical at this juncture. Let look at Dec quarter growth then we can figure out the feasibility around his estimate. Right now Rs 15-16 is a fair price for this blue chip conglomerate.

mono · 27 Re: RICH worth holding? Mon Feb 07, 2011 3:53 pm

mono

Vice President - Equity Analytics

Posts : 1167
Join date : 2011-01-21

slstock wrote:

knowledge wrote:

mono wrote:

Gaja wrote:Will it stay at 15, or pass the todays highest of 15.40 with the results out

i think this will go past 16 in the next two days

Fully agree, this should pass Rs16 shortly and maybe even go further than that within a week or two.

If chairmans annual profit estimates are reached it is a easily a Rs 20 share in the medium term. But his 2.5 profit estimate is a bit skeptical at this juncture. Let look at Dec quarter growth then we can figure out the feasibility around his estimate. Right now Rs 15-16 is a fair price for this blue chip conglomerate.

Yeah his figures were 2.5 billion for the calender year 2011 & 3 billion for the fiscal year. That just looks overly optimistic. especially considering we're not talking about a jump from 100 million to 150 million we're talking billions here. that type of growth is difficult considering the size of this country

Gaja · 28 Re: RICH worth holding? Mon Feb 07, 2011 3:58 pm

Gaja

Associate Director - Equity Analytics

Posts : 3127
Join date : 2011-01-27

http://www.dailynews.lk/2011/02/07/bus07.asp

Gaja · 29 Re: RICH worth holding? Mon Feb 07, 2011 6:58 pm

Gaja

Associate Director - Equity Analytics

Posts : 3127
Join date : 2011-01-27

http://www.lbo.lk/fullstory.php?nid=441690384

Gaja · 30 Re: RICH worth holding? Mon Feb 07, 2011 6:59 pm

Gaja

Associate Director - Equity Analytics

Posts : 3127
Join date : 2011-01-27

http://vanguard1.vanguardlk.com/mmg/lbr_video.php?vt=LBR&vid=1532

mono · 31 Re: RICH worth holding? Mon Feb 07, 2011 7:04 pm

mono

Vice President - Equity Analytics

Posts : 1167
Equity Stars : 6286
Reputation : 93
Join date : 2011-01-21
Age : 102

there seems RICH news comping in left, right and center. hopefully this will push the stock into 17-18 range in the next few days.

bounce

$$$ · 32 Re: RICH worth holding? Wed Feb 09, 2011 3:44 pm

$$$

Senior Manager - Equity Analytics

Posts : 304
Equity Stars : 5209
Reputation : 24
Join date : 2011-01-27

Rich is good another share I haven't got in to due to the credit crunch Sad

Even Rs.15 it is still a very good buy specailly if u intend to hold it medium to long term

Rocky · 33 Re: RICH worth holding? Wed Feb 09, 2011 8:06 pm

Rocky

Senior Manager - Equity Analytics

Posts : 572
Equity Stars : 5685
Reputation : 73
Join date : 2011-02-01

I say do not get too carried away with the futuristic results.
Tubal said he dumped his shares be fore the run @12 +.
I dumped 50,000 shares 2 days ago @15.4. I doubt it going beyond 17. It is Ok if I did not get the max.

Shall buy these shares again when it takes the dip.
I may be wrong, but my {deductions} are seldom wrong.
My source of information may be fallible, but my commonsense seldom fails me.

This is a good company for long term investment, no doubt. You can keep them even if it does not go up this week or the next.

Gaja · 34 For Your Information & Opinion Thu Feb 10, 2011 12:11 am

Gaja

Associate Director - Equity Analytics

Posts : 3127
Equity Stars : 9675
Reputation : 260
Join date : 2011-01-27
Age : 40
Location : Colombo

http://lbr.lk/fullstory.php?nid=201102091753573824

Gaja · 35 Re: RICH worth holding? Thu Feb 10, 2011 12:20 am

Gaja

Associate Director - Equity Analytics

Posts : 3127
Equity Stars : 9675
Reputation : 260
Join date : 2011-01-27
Age : 40
Location : Colombo

Chairman also warn about the expected increase in wages in the plantation sector

mission · 36 Re: RICH worth holding? Thu Feb 10, 2011 12:26 am

mission

Manager - Equity Analytics

Posts : 132
Equity Stars : 5132
Reputation : 17
Join date : 2011-01-26

Gaja, He is specifically talking about tea plantations. he is referring to maskeliya.

Gaja · 37 Re: RICH worth holding? Thu Feb 10, 2011 12:28 am

Gaja

Associate Director - Equity Analytics

Posts : 3127
Equity Stars : 9675
Reputation : 260
Join date : 2011-01-27
Age : 40
Location : Colombo

Yes, who ever plan to invest in the Plantation, which has strong base to Tea need to take into account the expected developments in the near future

mission · 38 Re: RICH worth holding? Thu Feb 10, 2011 12:36 am

mission

Manager - Equity Analytics

Posts : 132
Equity Stars : 5132
Reputation : 17
Join date : 2011-01-26

Something about modern trade

[img] RICH worth holding? - Page 2 Modern11

[/img]

mission · 39 Re: RICH worth holding? Thu Feb 10, 2011 12:37 am

mission

Manager - Equity Analytics

Posts : 132
Equity Stars : 5132
Reputation : 17
Join date : 2011-01-26

Hope all of u can c the above image.

Gaja · 40 Re: RICH worth holding? Thu Feb 10, 2011 7:59 am

Gaja

Associate Director - Equity Analytics

Posts : 3127
Equity Stars : 9675
Reputation : 260
Join date : 2011-01-27
Age : 40
Location : Colombo

thanks mission for sharing the details

Sponsored content

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Latest topics

RICH worth holding?

26 Re: RICH worth holding? Mon Feb 07, 2011 3:46 pm

Slstock

27 Re: RICH worth holding? Mon Feb 07, 2011 3:53 pm

mono

28 Re: RICH worth holding? Mon Feb 07, 2011 3:58 pm

Gaja

29 Re: RICH worth holding? Mon Feb 07, 2011 6:58 pm

Gaja

30 Re: RICH worth holding? Mon Feb 07, 2011 6:59 pm

Gaja

31 Re: RICH worth holding? Mon Feb 07, 2011 7:04 pm

mono

32 Re: RICH worth holding? Wed Feb 09, 2011 3:44 pm

$$$

33 Re: RICH worth holding? Wed Feb 09, 2011 8:06 pm

Rocky

34 For Your Information & Opinion Thu Feb 10, 2011 12:11 am

Gaja

35 Re: RICH worth holding? Thu Feb 10, 2011 12:20 am

Gaja

36 Re: RICH worth holding? Thu Feb 10, 2011 12:26 am

mission

37 Re: RICH worth holding? Thu Feb 10, 2011 12:28 am

Gaja

38 Re: RICH worth holding? Thu Feb 10, 2011 12:36 am

mission

39 Re: RICH worth holding? Thu Feb 10, 2011 12:37 am

mission

40 Re: RICH worth holding? Thu Feb 10, 2011 7:59 am

Gaja

41 Re: RICH worth holding?

Sponsored content

New topics