Lanka Cement - LCEM.N000

kadik · 1 Lanka Cement - LCEM.N000 Mon Aug 25, 2014 2:19 pm

kadik

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Whats happening with LCEM.N000. Any news please.

MARKETWATCH2 · 2 Re: Lanka Cement - LCEM.N000 Mon Aug 25, 2014 3:35 pm

MARKETWATCH2

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Look traders forgot Tokyo cement. Chased Sri-Lankan Cement.
Top performer.LCEM
HVA Second.
Others next: KAPI, SHAW, HAPU, RPBH,ELPL

kadik · 3 Re: Lanka Cement - LCEM.N000 Mon Aug 25, 2014 3:39 pm

kadik

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i love to see this go up. i 'm holding this long time with very high price 30/share. will this go that level soon to get rid from this. or what should i do... sell or hold..

jsilva · 4 Re: Lanka Cement - LCEM.N000 Mon Aug 25, 2014 3:42 pm

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I am sure ELPL will reach 40 soon,
MADU Rs 20 next week

bandulawee · 5 Re: Lanka Cement - LCEM.N000 Tue Aug 26, 2014 1:26 pm

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LCEM could be one of the best investment if they could properly manage the company. Unfortunately the Board of Directors appointed by government since 2006 are experts of many fields except the cement or manufacturing industries. There had been no official announcement from the company for over two years but the chairman and minister in charge had made statements in public which are completely irrelevant. The liabilities far exceed the assets due to bank and treasury borrowings. Some of the plants are still intact according to rumors and if the government decide to revive it with foreign investors with complete management handed over to them, with the demand in the construction industry and the availability of raw materials locally this could fly off. Again people involved with LCEM might pull back any plan for their personal gains. Better read the global cement report on the web before doing anything with LCEM.

MARKETWATCH2 · 6 Re: Lanka Cement - LCEM.N000 Tue Aug 26, 2014 1:30 pm

MARKETWATCH2

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kadik wrote:Whats happening with LCEM.N000. Any news please.

Rally for neglected shares. U r Trending stock/neglected stock king.

k9 · 7 Re: Lanka Cement - LCEM.N000 Tue Aug 26, 2014 8:47 pm

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Good News regarding LCEM........

A land belongs to Lanka cement will be rented to three Indian companies.-Patrl Engineering LTD,JK Infra pvt Ltd,Patel Lanka Sqanda Ltd SOON.

With this Agreement Lanka Cement will earn Rs.675 mn.
With this 675 mn LCEM is going to spend 169 mn to pay their debt and other will be added to the business.

Under the constructions which will be constructed by the Indian Companies in this land,Office facility will also be allocated for LCEM .Currently LCEM is paying rent to the their office premises.

schemer · 8 Re: Lanka Cement - LCEM.N000 Wed Aug 27, 2014 9:24 am

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it looks like that the govt ,cement company and the northern provincial council etc have no interest to start cement production again in peninsula .I thought after the war end they will start the cement production but still no talk about it.

AAABoy · 9 Re: Lanka Cement - LCEM.N000 Wed Aug 27, 2014 10:06 am

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bandulawee wrote:LCEM could be one of the best investment if they could properly manage the company. Unfortunately the Board of Directors appointed by government since 2006 are experts of many fields except the cement or manufacturing industries. There had been no official announcement from the company for over two years but the chairman and minister in charge had made statements in public which are completely irrelevant. The liabilities far exceed the assets due to bank and treasury borrowings. Some of the plants are still intact according to rumors and if the government decide to revive it with foreign investors with complete management handed over to them, with the demand in the construction industry and the availability of raw materials locally this could fly off. Again people involved with LCEM might pull back any plan for their personal gains. Better read the global cement report on the web before doing anything with LCEM.

Informative reply. Thanks alot. +rep from me