MAL MAL MAL- Labai Nelamuda

Pichchiya · 1 MAL MAL MAL- Labai Nelamuda Tue Jun 14, 2011 1:48 pm

Pichchiya

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very cheap

manula · 2 Re: MAL MAL MAL- Labai Nelamuda Tue Jun 14, 2011 2:08 pm

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not only MAL ... all the shares labai.. but the problem is limited cash

FXX · 3 Re: MAL MAL MAL- Labai Nelamuda Tue Jun 14, 2011 3:06 pm

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my MAL average is 10 :S

factFINDER · 4 Re: MAL MAL MAL- Labai Nelamuda Tue Jun 14, 2011 8:42 pm

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Pichchiya wrote:very cheap

Still I can't understand why MAL is traded at this law level??

Still MAL is the most under valued Plantation stock ....today MAL trades at PER 3.93 & P/BV 1.10.
(compare yourself http://forum.srilankaequity.com/t4360-a-quick-comparison-of-plantation-stocks-valuation-guide)

Then MAL Right Issue ... Is it sooo un-attrective? (compare recent right issues http://forum.srilankaequity.com/t4929-pricing-of-a-right-issue-how-it-may-affect-to-xr-price-an-discussion)

Still I think it is a fundermental sound stock which worth to BUY at 8.50-9.50.

Decleration: I have MAL.N in my PF (about 7%) ave. price 7.50.Therefore my views can be bias.

Fresher · 5 Re: MAL MAL MAL- Labai Nelamuda Tue Jun 14, 2011 8:52 pm

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i have been upping my stake lately while averaging. currently my average is around 9.50/-
I only hold N and surprised to see X also trading at same level.

one thing i wouldn't understand is that why issue X to N holders and vice versa. just contradicts the logic

npc86 · 6 Re: MAL MAL MAL- Labai Nelamuda Tue Jun 14, 2011 11:21 pm

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npp wrote:i have been upping my stake lately while averaging. currently my average is around 9.50/-
I only hold N and surprised to see X also trading at same level.

one thing i wouldn't understand is that why issue X to N holders and vice versa. just contradicts the logic

It was trading around 85(=8.5) level before the subdivision(1/10) .So Is this level 9.5 (=95) will be reasonable...? What's your point..?

factFINDER · 7 Re: MAL MAL MAL- Labai Nelamuda Wed Jun 15, 2011 5:33 am

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npc86 wrote:
It was trading around 85(=8.5) level before the subdivision(1/10) .So Is this level 9.5 (=95) will be reasonable...? What's your point..?

Even at the price of 9.50, MAL.N trading at PER 4.29 & P/BV 1.20 and compare with the planatation stocks MAL is the most discounted stock. Sooo..... Isn't it resonable?