RCL @ a discount price

Bull Master · 1 RCL @ a discount price Thu Oct 29, 2015 1:33 pm

Bull Master

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The tile sector giant is trading at a massive discounted price levels. Now I think buyers are more active than the sellers.

This will be a great opportunity for everyone.

capitallinkceylon · 2 Re: RCL @ a discount price Thu Oct 29, 2015 1:39 pm

capitallinkceylon

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Bull master you are correct about tile sector trading at discounted level but pending budget announcement relating to tile sector is adversely affecting the share.

Finance Minister said tile sector is monopolized and removing of the tile import tax is measure to counter that. Lot of hotel operators and property developers are complaining about high construction cost.

Beware of tile sector, better to invest after budget announcement.

nis2010 · 3 Re: RCL @ a discount price Thu Oct 29, 2015 1:44 pm

nis2010

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i never think RK can prick this giant.

manager · 4 Re: RCL @ a discount price Thu Oct 29, 2015 1:48 pm

manager

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This is a great opportunity

jayathu · 5 Re: RCL @ a discount price Thu Oct 29, 2015 7:49 pm

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Great oppurtunty at current price level but if govt removes import tax on tile rcl lwl tile will be a disaster

nis2010 · 6 Re: RCL @ a discount price Thu Oct 29, 2015 7:55 pm

nis2010

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jayathu wrote:Great oppurtunty at current price level but if govt removes import tax on tile rcl lwl tile will be a disaster

Do you think DP let it happen.

Bull Master · 7 Re: RCL @ a discount price Thu Oct 29, 2015 8:20 pm

Bull Master

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What at this juncture. We are lack of USD to run the country. Our imports are higher than exports. Import taxes would come in to effect to curtail imports in future.

All tile companies are going to get the benefit of GSP+. Infact RCL is now exporting their products as well. Do you think a scenario like that.?

Import taxes for tiles were imposed very recently.Not even 5 years back. But these tile companies are in the business now more than couple of years.

Non sense. Nothing will happen. Only possible scenario is RCL going back to Rs130 levels with the results and after the budget.

Just imagine HJ is not in good favor with MR. But still DIST performed in the mkt came to Rs250 levels from Rs100 levels.

Nothing will happen to DP or tile sector. DP is such an influential person. Every govt in power need these type of aggressive businessmen to run the country to do new things.

All these are stories by the so called buyers or some other parties to grab this golden share at cheaper price levels.

Harry82 · 8 Re: RCL @ a discount price Thu Oct 29, 2015 9:02 pm

Harry82

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Bull Master,

wow. you are correct

Bull Master · 9 Re: RCL @ a discount price Thu Oct 29, 2015 9:58 pm

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RCL gave Rs5.0 Dividend for the last year. (2014) For this year they have already declared Rs2.00 dividend. Can expect Rs5.0 or more for 2015.

5/112*100 = 4.4% DY p.a. More than bank deposit rate.(savings).

Buying at these price levels means very low risk for your capital investment.