RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)

salt · 51 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Wed Mar 20, 2013 1:22 pm

salt

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why? any reason for it?

traderathome · 52 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Wed Mar 20, 2013 1:23 pm

traderathome

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nothing so far shining in my PF other than TPL,KOTA & AGAL

Very Happy

CSE.SEE · 53 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Wed Mar 20, 2013 1:29 pm

CSE.SEE

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Having the only Salt refining plant in Sri Lanka using Krebs Swiss Salex Technology, Wayamba Salterns is geared to meet Table Salt needs of the country when adequate raw material - Crystal Salt is available.

CSE.SEE · 54 Rs. 300 m invested in Raigam rice noodles facility Wed Mar 20, 2013 1:31 pm

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The Kingdom of Raigam will complete the construction of its Rs. 1 b saltern in Kuchaveli next year, Raigam Group Chairman Dr. Ravi Liyanage said at the launch of its rice noodles Devani Batha on Wednesday. He said that around 60 percent of the work on the project has been completed and added that the saltern will be commissioned as scheduled in 2014.

Dr Ravi Liyanage

Work on the 1,800-acre saltern in the East commenced in 2011 to provide jobs to over 1,500 people in the area. “Constructing a saltern is a cumbersome process. The inclement weather during the past two months hindered work on the project,” Dr. Liyanage said.

Sri Lanka yet imports a substantial quantity of salt a year draining out foreign exchange from the country. Raigam re-awakened the salt industry in Sri Lanka by setting up salterns in Hambantota and Puttalam which helped reduce the import of salt to around 7,000 mt in 2011.

The country's annual requirement of salt is around 50,000 mt.

“We are confident that Sri Lanka will be able to export salt in the near future,” Dr. Liyanage said.

Raigam launched the manufacture of rice noodles at its plant in Homagama with an investment of Rs. 300 m to change the consumption pattern in Sri Lanka. The state-of-the-art factory has a capacity to manufacture 5,000 mt of noodles a year and double the capacity next year.

Devani Batha was introduced to the market in three flavours white, rose and red kekulu flour. Sri Lanka's current rice production is about 4.8 million mt a year and the industry sustains around 880,000 farmer families.

Dr. Liyanage said that by consuming rice-based products the country could save a staggering amount of foreign exchange on import of wheat flour each year. By consuming rice-flour noodles instead of wheat-flour noodles the country could save around Rs. 925 million a year on import of wheat flour.

“Sri Lanka takes pride in being self-sufficient in rice but the irony is that it still imports a large quantity of wheat flour spending a colossal sum each year. Promoting the consumption of rice and rice-based products should take place at grass-roots level,” Dr. Liyanage said.

Sri Lanka spend around 20 percent of its foreign exchange on import of food. Milk powder, sugar, canned fish and dry fish is yet imported in large quantities.

http://www.sundayobserver.lk/2013/02/03/fin04.asp

The Alchemist · 55 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Wed Mar 20, 2013 1:32 pm

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salt wrote:why? any reason for it?

I just see the funny side to this !
salt vs salt !

Slstock · 56 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Wed Mar 20, 2013 1:35 pm

Slstock

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Salt against salt :-)

The Alchemist wrote:

salt wrote:why? any reason for it?

I just see the funny side to this !
salt vs salt !

salt · 57 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Wed Mar 20, 2013 1:38 pm

salt

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slstock wrote:
Salt against salt :-)

The Alchemist wrote:

salt wrote:why? any reason for it?

I just see the funny side to this !
salt vs salt !

like it

look at the story above. it is RWSL or Kingdom of Raigam. Listed company is RWSL

rainmaker · 58 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Wed Mar 20, 2013 1:43 pm

rainmaker

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Is this a listed company investment or a private company investment?

salt · 59 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Wed Mar 20, 2013 1:47 pm

salt

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listed company is small - has no capacity such investment
It has total of 875 million in total assets

rainmaker · 60 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Wed Mar 20, 2013 1:56 pm

rainmaker

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Yes that's what I was thinking

The salterns require near drought like conditions with low tidal activity. Not many places around here. Good luck to them if they can pull it off

Hanoifortune · 61 RWSL- any news Fri Feb 07, 2014 10:20 pm

Hanoifortune

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Is it time to enter RWSL?

KDDND · 62 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Fri Feb 07, 2014 10:28 pm

KDDND

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i think just one director a lot or two 20cents above....
is there any real reason behind it?????

keeper · 63 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Fri Feb 07, 2014 11:22 pm

keeper

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Steady share in the market....,Boring one....Wena ewa nathuwatada?

dhanurrox · 64 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Fri Feb 07, 2014 11:35 pm

dhanurrox

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When penny's go one by one everyone will join, RWSL waits then what happens market falls so as penny's,so RWSL remains same.
Conclusion: I think there's no active player behind this.

KDDND · 65 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Sat Feb 08, 2014 1:07 am

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more SALT is not good for health....!!!

Hanoifortune · 66 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Sat Feb 08, 2014 10:13 am

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chairman buys more shares increasing his stakes

malanp · 67 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Sat Feb 08, 2014 10:56 am

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Hanoifortune wrote:chairman buys more shares increasing his stakes

He buys because nobody else to buy, otherwise it will fall below Rs.2..

Leon · 68 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Sun Feb 09, 2014 2:17 am

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Hanoifortune wrote:Is it time to enter RWSL?

You tempted with the director;s buying?? May be he wanted exactly that.

Hanoifortune · 69 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Sun Feb 09, 2014 9:47 am

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If you do not know, Do not write rubbish. pls check when he bought last. There are thousands of transaction every season. Now all the fundamentals have improved.

malanp wrote:

Hanoifortune wrote:chairman buys more shares increasing his stakes

He buys because nobody else to buy, otherwise it will fall below Rs.2..

malanp · 70 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Sun Feb 09, 2014 9:53 am

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Hanoifortune wrote:If you do not know, Do not write rubbish. pls check when he bought last. There are thousands of transaction every season. Now all the fundamentals have improved.

malanp wrote:

Hanoifortune wrote:chairman buys more shares increasing his stakes

He buys because nobody else to buy, otherwise it will fall below Rs.2..

very strange, it seems you know everything about the company, then why you want to know more from others by opening a topic??
so tell us we should buy or not..
and You can offload now..

Hanoifortune · 71 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Sun Feb 09, 2014 10:10 am

Hanoifortune

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I have nothing to off load. It is a solid share. Market will prove sooner .Pls see below opening and closing prices for last few season

3.10/2.60
2.90/3
3.20/2.50
2.60/2.20
2.20/2.40
2.40/2.30
2.20/2.20

malanp wrote:

Hanoifortune wrote:If you do not know, Do not write rubbish. pls check when he bought last. There are thousands of transaction every season. Now all the fundamentals have improved.

malanp wrote:

Hanoifortune wrote:chairman buys more shares increasing his stakes

He buys because nobody else to buy, otherwise it will fall below Rs.2..

Yes ,You can offload now..

malanp · 72 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Sun Feb 09, 2014 10:56 am

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Do you call it a great share with an IPO price of 3 and trading at 2.20 after 5 years?????

can you tell us what other great shares in your mind???

Hanoifortune · 73 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Sun Feb 09, 2014 11:11 am

Hanoifortune

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Again you do not know what you are writing. pls see below from dec10 to dec13 low and high prices. People whole bought at ipos would have already made their buck.

3.70/4.70
4/5.10
4.20/5.40
4/5.30
3.70/4.70
2.90/4.40
2.20/3.10
2.50/3.70
2.30/3.30
2.20/2.90
2.10/2.70
1.90/2.50
2.10/2.40
study

malanp wrote:
Do you call it a great share with an IPO price of 3 and trading at 2.20 after 5 years?????

can you tell us what other great shares in your mind???

malanp · 74 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Sun Feb 09, 2014 11:42 am

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I thought you know nothing about this company, and asking advise from forum people to buy or not, that is why I replied in negative way..seems to me you have a good idea about RWSL, so you are in a position to advise others to buy or not.

then tell me why you opened this topic by just asking others is it the time to enter????

You want to enter or you want others to enter????

tell me what is your motive??? you want some advise on RWSL or you want others to buy this share????

Hanoifortune wrote:Again you do not know what you are writing. pls see below from dec10 to dec13 low and high prices. People whole bought at ipos would have already made their buck.

3.70/4.70
4/5.10
4.20/5.40
4/5.30
3.70/4.70
2.90/4.40
2.20/3.10
2.50/3.70
2.30/3.30
2.20/2.90
2.10/2.70
1.90/2.50
2.10/2.40

malanp wrote:
Do you call it a great share with an IPO price of 3 and trading at 2.20 after 5 years?????

can you tell us what other great shares in your mind???

smallville · 75 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Sun Feb 09, 2014 12:03 pm

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Hani, first you start a thread and ask whether its time to enter? So u wanted the opinion of the forum.. Then u go on and tell us how great the share is by looking at director buying when it has also been inconsistent.
Looking at Director dealings, after June 2012, in Feb 2013, another bought in could be seen.. So its infrequent.

EPS is on a declining trend, NAV 2.9 but No dividends after 2011.
EPF Holds 9.9% (28.1 Mil) shares.
Div yield(5 year avg) - 0.52%
http://markets.ft.com/research/Markets/Tearsheets/Financials?s=RWSL.N0000:CSE

See the financial summary for 5yrs;

RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) - Page 3 Rwsl_510

RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) - Page 3 Rwsl_510

We can see earning improved in 2013 but when EPS is considere, where's the growth? This is worth for the NAV but not much growth as expected considering the last 5 years..

kalum · 76 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Sun Feb 09, 2014 12:17 pm

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smallville wrote:Hani, first you start a thread and ask whether its time to enter? So u wanted the opinion of the forum.. Then u go on and tell us how great the share is by looking at director buying when it has also been inconsistent.
Looking at Director dealings, after June 2012, in Feb 2013, another bought in could be seen.. So its infrequent.

EPS is on a declining trend, NAV 2.9 but No dividends after 2011.
EPF Holds 9.9% (28.1 Mil) shares.
Div yield(5 year avg) - 0.52%
http://markets.ft.com/research/Markets/Tearsheets/Financials?s=RWSL.N0000:CSE

See the financial summary for 5yrs;

We can see earning improved in 2013 but when EPS is considere, where's the growth? This is worth for the NAV but not much growth as expected considering the last 5 years..

Thanks small for details. It's logical as always. Smile

RWSL is one of my base shares as well. I'm not sure if im in correct view, but not only directors collecting it. It's been collected by someone/group time to time.
may be not collected. may be it's traded.
It is a one share that has potential to gave the effect what SEMB did recently. it is worth per nav/eps basics. current prices are encouraging. but yes, its improvement is not satisfied. EPS hopes good return in future, so do I. malan, it's ipo price is 2.50 as i rem, I have invested in the IPO and it was a one good IPO at that time. just my view.

Hanoifortune · 77 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Sun Feb 09, 2014 2:09 pm

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Now Rwsl has completed their new slatterns. When out put increases so as sales and profit. Yes, chairman last bought in June 12 then price was 2/20 and later it was shot up to 3/70.Now he is buying again and there is a opportunity price to move higher. Pls see below how weekly closing prices have slither higher for last 14 few weeks. There are 290 listed companies ,you may buy any. But important is how much you can make .

2.30
2.30
2.30
2.30
2.30
2.20
2.20
2.20
2.20
2.20
2.20
2.20
2.10
2.10

malanp · 78 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Sun Feb 09, 2014 2:45 pm

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Hanoi

you are right, you are right, we all should buy RWSL now from tomorrow,,,.. because its chairman bought yesterday.
we can make millions...

Tell me how many shares your broker house planning to offload???

KDDND · 79 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Sun Feb 09, 2014 3:13 pm

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EPS declining during the last three years....
in my memory this counter loitering around 2.10-2.4
without even notice...!

Any there any inside infor.....?
is there any planned trading game in coming days..??
Rolling Eyes

smallville · 80 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Sun Feb 09, 2014 5:40 pm

smallville

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Hanoifortune wrote:But important is how much you can make .

Exactly.. how much ur expecting? Cuz those price changes from 2 - 2.50 doesnt say anything... If we see this collected between the same range for another few wks, we can some action is about to happen. Smile

Ok I'll give u another point technically;

RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) - Page 3 Rwsl10

Historically, Stochastic chart shown when this share reaches 80 mark, there goes a price fall...

I feel this is better to catch either if this breaks 2.60 or when stochastic fall to 20s.

Also, you can be the greater fool following the director.. Who knows he may be thinking of taking this to 4 again.. Wink

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RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)

51 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Wed Mar 20, 2013 1:22 pm

salt

52 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Wed Mar 20, 2013 1:23 pm

traderathome

53 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Wed Mar 20, 2013 1:29 pm

CSE.SEE

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CSE.SEE

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57 Re: RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) Wed Mar 20, 2013 1:38 pm

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