*Separate ministry has created for the first time in the history.
*Favourable economic policy toward IT
*Great potential in the IT sector in Sri-Lanka. Globally Sri-Lanka has recognized as one country for their IT services together with India, Philippine, Vietnam and Indonesia etc.
*PCH is investing in new projects
*New strong innovative management
*New Developments in IT and in PCH
*Globally tech stocks will trade at a higher P/E than other stocks when bull starts.
I think we will have more gems in the market in the coming quarters including some attractive IPOS.
Following are barriers for PCH
Rs.40
Rs.50 and
Rs.54
Further rise in their stock price depend on their earnings, growth and improved earnings in the coming quarters and years.
It has become extremely bullish stock now.
Times to time there will be pull backs in their major uptrend
Last edited by Quibit on Thu Feb 03, 2011 12:05 pm; edited 1 time in total (Reason for editing : format condensed)