RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)

fireshelter wrote:How long 100 m or 400 m

100m*4 

shakthi1974 wrote:

Target price 8/- Before March. Cheers

One of the most under valued counters in the CSE .

Future prospects of the company is very high .

Expecting a few positive news from the counter , such as " new product lines " " export market " " new lands for the saltern " .



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Jay-Jay wrote:One of the most under valued counters in the CSE .

Future prospects of the company is very high .

Expecting a few positive news from the counter , such as " new product lines " " export market " " new lands for the saltern " .



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Very true.

Trigger will be the release of their novel product for export market which will come very soon.

Like PAP , EAST this is one of the counter which has not yet moved at all with the ongoing bull rally.
Good luck for RWSL holders.

dilshangac wrote:

shakthi1974 wrote:

Target price 8/- Before March. Cheers

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a renewed interest shown in the counter today . seems to be this news has some financial value.


with LOLC groups reversal effect from tomorrow onwards will trigger other counters like RWSL.

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About the company

Raigam Wayamba Salterns PLC is engaged in manufacturing and distribution of Salt Island wide and development of salterns. The Company is engaged in manufacturing and distribution of edible and industrial salt. Its salt products include iodated crystal salt, iodated table salt, pure vacuum dried salt (PVD salt), fertilizer salt, agri-salt and industrial salt. The Company sells salt products to coconut, rubber, banana and pine-apple plantations, pharmaceutical, food, textile, paint and tanning industries. Its manufacturing facilities are located in Puttalama, Tangalla and Trincomalee. The Company, through its subsidiary, Southern Salt Company (Private) Limited, is engaged in the supply of crystal salt and table salt in consumer packs, as well as in bulk to the discerning customers in the south and contiguous areas. It also offers caustic soda for various industrial products, such as manufacture of pulp and paper, soap and detergents.


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Certainly this is one of the very few counters that didn't move with ASI at all!! and notice a good collection 6.70-6.90 level for past three months.
Disc:Holding (This is not a Buy/Sell recommendation only for info)

Share price moved to 5.6/- after a while. Any update on the pending announcement with regard to their novel product?

RWSL seems to be a trap ? your idea

Any news about RWSL? I heard this company performed well & will be going to pay a more than 8% Dividend yield at this time. Supposed that will be the reason for the current demand. Any target price?

RWSL will clear the order book today.

so u think this is nt a trap

stockchaser wrote:RWSL seems to be a trap ? your idea

yes it is

dilshangac wrote:Any news about RWSL? I heard this company performed well & will be going to pay a more than 8% Dividend yield at this time. Supposed that will be the reason for the current demand. Any target pric

PUMP AND DUMP don't get caught

Another production based company which stands to gain from import restrictions. Has proved that in it's last quarterly report with an increase in revenue of  35% Q2Q and profits up by more than 150% Q2Q.EPS was up by 138% QoQ with an increased NAV.
Future quarters will be more fruitful in my opinion with increased production and capturing of market share.

But it will be a slow process and can't expect it to shoot up over night.

you are really cool dayanadacool

lets get to RWSL Game

Stock is not the company  .


RAL,RWSL,RIL,BIL,LDEV,EMER,HVA are trading stocks .

Why are you so cross with RWSL .. Did u miss the opportunity

stockchaser wrote:Why are you so cross with RWSL .. Did u miss the opportunity

Hahahaha wait and see, will you. Honestly, I didn't get into RWSL this time. but I traded it from Rs. 4  to 9.6 back in October      R.I.P to those who caught @ 10-11 levels. What I have to say Is just trade. If you like HOLD  and see

stockchaser wrote:Why are you so cross with RWSL .. Did u miss the opportunity

RWSL is well poised for a great run which may surpass the previous high

Rational Investor wrote:

stockchaser wrote:Why are you so cross with RWSL .. Did u miss the opportunity

RWSL is well poised for a great run which may surpass the previous high

yes from today's trading it's obvious that on Monday will even have a chance to reach double-digit

geesura wrote:Stock is not the company  .


RAL,RWSL,RIL,BIL,LDEV,EMER,HVA are trading stocks .

What is the definition of a trading stock?? is there anything like that at all?  

It's all up to the individual. If you are in the stock market to earn money and increase ur wealth, all that you do is trading unless you have a controlling stake in a company and you want to get in to the management and change it's course. I'm pretty sure non of us have such liberties. So yes, All what you do here is trading.

I do not hold RWSL. Wanted to buy below 5 rs but failed. Good luck to those who bought it. With time and proven results, It could reach double digits IMO



PS, going by ur list you mentioned above, EXPO was a trading stock 6 months back and now it's not???  what made the drastic change I wonder?

dayandacool wrote:

geesura wrote:Stock is not the company  .


RAL,RWSL,RIL,BIL,LDEV,EMER,HVA are trading stocks .

What is the definition of a trading stock?? is there anything like that at all?  

It's all up to the individual. If you are in the stock market to earn money and increase ur wealth, all that you do is trading unless you have a controlling stake in a company and you want to get in to the management and change it's course. I'm pretty sure non of us have such liberties. So yes, All what you do here is trading.

I do not hold RWSL. Wanted to buy below 5 rs but failed. Good luck to those who bought it. With time and proven results, It could reach double digits IMO



PS, going by ur list you mentioned above, EXPO was a trading stock 6 months back and now it's not???  what made the drastic change I wonder?

well said bro

dayandacool wrote:

vijay singh wrote:listen, I don't like downgrade any worth of share. clearly, I highlighted via my earlier comment problem of capacity. RWSL is like a gold mining. unfortunately, they haven't capacity level. govt. gave 1 year period, show the performance. RWSL did not go with new expand project. I don't care NAV of RWSL. because of , this normally paid dividend. unfair RWSL market price compare with it's NAV. if you take NAV as benchmark , most of share overvalued. ex. CTC,LLUB,TJL,VLL,CTHR,ALUM etc.

LOLC Group never declare any dividend, therefore, maintain high NAV. BUT not worth shareholder. bcoze nothing give to shareholders. important thing is,

capacity level
demand of market
potentially performance

RWSL, capacity level problem unable to fulfill market demand and less revenue income leads to potential performance.

I , optimistic with RWSL current market price 7 level. but, no possibility to further price improvement due to limited capacity level.

I felt that your assessment is heavily based on a bad assumption.

You assume that the import restriction will remain forever. That's why I said they could play the advantage game until the import ban is in place. like you rightly pointed out, Government has given them the 1 year period, probably hinting the import ban will only remain in place for 1 year. I don't see RWSL making a worthy of an effort to increase their production capabilities to capture the market share and get the advantage of the Import ban.

So the bottom line is, the moment they lift the import ban, That will kill the share as there are no alternatives and diversification.

Have they increased their production capabilities to capture the market share?

Investor's attitude towards stock changes when the company performs well.EXPO showed the results and their ability to grow. now it's a share to invest. where the stock price is backed by the current earnings +future earning potential. But those who identify the potential
 of the share earlier will be the real winners I think @dayanadacool and @stockchaser  might have identified such potential in RWSL 

GL 

stockchaser wrote:

Rational Investor wrote:

stockchaser wrote:Why are you so cross with RWSL .. Did u miss the opportunity

RWSL is well poised for a great run which may surpass the previous high

yes from today's trading it's obvious that on Monday will even have a chance to reach double-digit

@stockchaser,
now, you told, Monday RWSL will reach double digits. can you elaborate how can achieve?
I remembered earlier, few of them spreading same drama with unreastict TPS.
if someone wants to see their dirty game go and check October 2020 RWSL price chart. within 1 week price went up Rs.11.30, and came down Rs.5.30. within 2 weeks all game over. so many people was suffering HUGE LOSSES. I don't like to cheat people commenting unclear background. I earlier also told, RWSL not worth more than Rs.7. if someone play game , be careful again & again burn your hand, not others.
extremely sorry person who hold RWSL. this time also, everyone realize what I said. here we cant explain every things. choice in your hands.

geesura wrote:

dayandacool wrote:

vijay singh wrote:listen, I don't like downgrade any worth of share. clearly, I highlighted via my earlier comment problem of capacity. RWSL is like a gold mining. unfortunately, they haven't capacity level. govt. gave 1 year period, show the performance. RWSL did not go with new expand project. I don't care NAV of RWSL. because of , this normally paid dividend. unfair RWSL market price compare with it's NAV. if you take NAV as benchmark , most of share overvalued. ex. CTC,LLUB,TJL,VLL,CTHR,ALUM etc.

LOLC Group never declare any dividend, therefore, maintain high NAV. BUT not worth shareholder. bcoze nothing give to shareholders. important thing is,

capacity level
demand of market
potentially performance

RWSL, capacity level problem unable to fulfill market demand and less revenue income leads to potential performance.

I , optimistic with RWSL current market price 7 level. but, no possibility to further price improvement due to limited capacity level.

I felt that your assessment is heavily based on a bad assumption.

You assume that the import restriction will remain forever. That's why I said they could play the advantage game until the import ban is in place. like you rightly pointed out, Government has given them the 1 year period, probably hinting the import ban will only remain in place for 1 year. I don't see RWSL making a worthy of an effort to increase their production capabilities to capture the market share and get the advantage of the Import ban.

So the bottom line is, the moment they lift the import ban, That will kill the share as there are no alternatives and diversification.

Have they increased their production capabilities to capture the market share?

Investor's attitude towards stock changes when the company performs well.EXPO showed the results and their ability to grow. now it's a share to invest. where the stock price is backed by the current earnings +future earning potential. But those who identify the potential
 of the share earlier will be the real winners I think @dayanadacool and @stockchaser  might have identified such potential in RWSL 

GL 

@geesura
If you have a glance at last quarterly results of RWSL, you will see a difference in their earnings pattern. Nobody is expecting RWSL to get to 50 Rs like expo did. But a double digit stock price based on earnings is very much a possibility.
I too was of the opinion that no diversification could kill the share. I purely go by the earning capabilities of a company.

They have diversified their production. They have set their eyes on flake salt which has a demand internationally. 

Having said that, Nobody expected EXPO to get to 50 either. but it did.

http://www.ft.lk/business/Raigam-Wayamba-Salterns-A-tale-of-consistent-success/34-709996