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EPF exits Overseas Realty; foreign party invests Rs. 385 m

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Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

EPF exits Overseas Realty; foreign party invests Rs. 385 m
 
See more at: http://www.ft.lk/article/530318/EPF-exits-Overseas-Realty--foreign-party-invests-Rs--385-m#sthash.bGYWIiFe.dpuf

Joe007


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

It was the best deal for EPF. well done EPF.

Joe007


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

It should come down to Rs 20 level according to my expectation.

A+


Manager - Equity Analytics
Manager - Equity Analytics

Foreign participation in this stock is an encouraging sign. If we compare the PBV the current price is very much undervalued. Also don't forget the dividend yield, which is more than double the market dividend yield.

Jeremy

Jeremy
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

They will exit from many other shares. I indicated this to you guys in advance and you all wanted me to give you the source to my news. Smile Smile It's news now.

Teller

Teller
Moderator
Moderator

EPF will not invest in shares with in next 5 years. They almost sold lot of quanties so far.

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