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PIRAMAL GLASS CEYLON PLC (GLAS.N0000)

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156 posters

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651PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Nov 17, 2020 2:48 pm

Mr. X


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

good ending for today...

652PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Nov 17, 2020 2:56 pm

subash81


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

8.50 
Last minutes huge buying
tomorrow 10+ possible

C.THARANGA likes this post

653PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Nov 17, 2020 2:59 pm

VS


Equity Analytic
Equity Analytic

PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Captur10
last minu buy , any reason?

C.THARANGA likes this post

654PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Nov 17, 2020 3:04 pm

wealth123


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Glass 10+
RAL 6+ tomorrow.
Last minute buying.

655PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Nov 17, 2020 4:45 pm

Mr. X


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Single use Polythene and Plastics to be banned from January 1, 2021. There will be More demand for glass products..

- from Budget reading...

Eranga87, RJ1010 and C.THARANGA like this post

656PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Nov 17, 2020 4:47 pm

C.THARANGA


Manager - Equity Analytics
Manager - Equity Analytics

@wealth123, i don't know others. definitely, GLAS has high chances price appreciation in future.

judecroos and geesura like this post

657PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Nov 17, 2020 7:50 pm

wealth123


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

C.THARANGA wrote:@wealth123, i don't know others. definitely, GLAS has high chances price appreciation in future.
Any insight info?
What's your target price within this week?

658PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Nov 17, 2020 8:46 pm

Accountant

Accountant
Equity Analytic
Equity Analytic

I Performed a small analysis on my own, correct me if I'm wrong!

The valuation I'm basing on is going be EPS & PE. EPS for June and Sept are -.05 and .38 respectively.
When comparing to the company financials for last three years quarterly reports .25 was the highest which was the 2019 Dec report. Basing on that there has been an increase of 34% for Sept Q 2020.(.25 to .34)

I calculated PE based on the average of last three years which added up to 11.38 (Obviously understated to the current market trend)

So the next 2 Q reports could be rising at the same level or even lower,

1. Rising at the same level
The EPS for the next 2 Q would be .51 & .68 which will add up to an annual EPS of 1.52.
PE x EPS = 17.3 

2. Rising at a 50% discounted rate
The EPS for the next 2 Q would be .44 & .5 which will add up to an annual EPS of 1.27.
PE x EPS = 14.5

Basing on this and keeping in mind that the PE ratio is understated, GLAS has true potential to touch higher prices.


HAPPY GLAS!

wealth123, Chithi, Eranga87, geesura, Mr. X, subash81, invest thinker and C.THARANGA like this post

659PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Nov 18, 2020 11:23 am

Eranga87


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

can see significant price movements of GLAS, until next year ended. so many changes will happen in shareholding %. most probably, Parent co. is U.S.A and as soon it will announce. sure, parent Co. will buy back shares increase holding %.  At least 75% instead of 56%. most important shareholding thresholds. otherwise, administration difficult.  sometimes maybe delist. they acquired 100% ownership of Indian Piramal glass.

another one, local monopoly GLAS maker. this budget really benefits export-oriented local manufacturing companies. next qtr, financial so impressive like 2nd qtr. developed innovative products and new market segments help to increase revenue income and additionally, COVID 19 favorably affect to GALS further revenue generation. Plastic ban effective from 1st January 2021, this also really benefited GLAS.

GLAS mainly uses resources dolomite and silica which is being obtained locally (Naththandiya). Earlier govt. told that govt. will give benefit and incentive packages for local resources used by manufacturing companies. Main local customers include Distilleries Co. Cargills Ceylon PLC, Carson Cumberbatch, Glaxo SmithKline Pharmaceuticals, Coca-cola beverage, Unilever Sri Lanka, Ceylon Cold Stores, etc. export to 20 countries like Newzeland, Australia, Mexico, Angola, Indonesia, Colombia, Netherland, USA, East Africa, Kenya, UAE, Philippines, Maldives, Mauritius worldwide.


Happy TRADE with GLAS.

geesura, Venu123, subash81, invest thinker, SL-INVESTOR, C.THARANGA, Accountant and Sachira90 like this post

660PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Nov 18, 2020 11:38 am

Venu123


Senior Equity Analytic
Senior Equity Analytic

Eranga what is your target price for glass

661PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Nov 18, 2020 12:28 pm

Eranga87


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

@Venu123,


some people just don't value GLAS's worth until it has gone. Keep GLAS as an investment other than trading. GLAS should go beyond Rs.16 level.

<<<<>>>>

geesura, Venu123, invest thinker, SL-INVESTOR, C.THARANGA, Accountant, KingMaker2020 and Sachira90 like this post

662PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Nov 18, 2020 12:44 pm

C.THARANGA


Manager - Equity Analytics
Manager - Equity Analytics

PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Glas10

invest thinker, SL-INVESTOR, C.THARANGA, Accountant and Sachira90 like this post

663PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Nov 18, 2020 12:50 pm

C.THARANGA


Manager - Equity Analytics
Manager - Equity Analytics

PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Glas110

invest thinker and Sachira90 like this post

664PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Nov 18, 2020 12:52 pm

Nandun


Manager - Equity Analytics
Manager - Equity Analytics

Eranga87 wrote:

@Venu123,




some people just don't value GLAS's worth until it has gone. Keep GLAS as an investment other than trading. GLAS should go beyond Rs.16 level.

<<<<>>>>
Agree around 15 for me

665PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Nov 18, 2020 1:16 pm

geesura

geesura
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

GLAS is readying for the long run...check the order book

invest thinker, C.THARANGA and Sachira90 like this post

666PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Nov 18, 2020 1:30 pm

Chithi


Manager - Equity Analytics
Manager - Equity Analytics

Did anyone notice huege collection at 8.40levels. Someone is putting big selling order above 8.50 and collecting nicely at 8.40.

667PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Nov 18, 2020 1:46 pm

RJ1010


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

Eranga87 wrote:. Main local customers include Distilleries Co. Cargills Ceylon PLC, Carson Cumberbatch, Glaxo SmithKline Pharmaceuticals, Coca-cola beverage, Unilever Sri Lanka, Ceylon Cold Stores, etc. export to 20 countries [/size]like Newzeland, Australia, Mexico, Angola, Indonesia, Colombia, Netherland, USA, East Africa, Kenya, UAE, Philippines, Maldives, Mauritius worldwide.[/font]


Happy TRADE with GLAS.

I thought CCS, Coca Cola manufacture their own glass bottles. They have bottling plants. From where did you get this customer list? I was searching for the customer list today but couldn’t find. Want to verify this for myself. Thanks.

668PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Nov 18, 2020 1:55 pm

ThivankS


Stock Analytic
Stock Analytic

@geesura from where you check their order book, Is it possible to share with us also

669PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Nov 18, 2020 2:15 pm

Eranga87


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

@RJ1010,

from LOLC securities earlier issued research article.

PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 B8kkKv8uXKA+QAAAABJRU5ErkJggg==

RJ1010, invest thinker, SL-INVESTOR, C.THARANGA and Sachira90 like this post

670PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Nov 18, 2020 2:17 pm

geesura

geesura
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

ThivankS wrote:@geesura from where you check their order book, Is it possible to share with us also
this is as @2.11 pm . 
PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Screen31

Eranga87, Venu123, invest thinker, C.THARANGA and Sachira90 like this post

671PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Nov 18, 2020 2:32 pm

Eranga87


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

@geesura,

absolutely correct. GLAS ready for a long journey.

geesura, invest thinker, SL-INVESTOR, C.THARANGA and Sachira90 like this post

672PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Nov 18, 2020 2:38 pm

DamithAsian


Manager - Equity Analytics
Manager - Equity Analytics

Did it

Freinds, and better to diverse your portfolio to get harvest and minimize risk. Many rockets there landed today to collect Very Happy

673PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Nov 18, 2020 2:50 pm

ThivankS


Stock Analytic
Stock Analytic

@geesura Ah ok You were referring to this  Very Happy I have misunderstood totally, I was thinking about the real bottle orders they are getting for their customers  Very Happy Very Happy really sorry my bad

674PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Nov 18, 2020 3:04 pm

Vishwanarth


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

EXPO the top, RAL the second and GLAS the third runners today.

675PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Nov 18, 2020 3:27 pm

invest thinker

invest thinker
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

@DamithAsian,


YES.. Smile we have already diversified portfolio including only growth, highest potential worth of shares. excluding director's day trading shares,, Razz Razz Razz Razz

Eranga87, geesura, SL-INVESTOR, C.THARANGA and Sachira90 like this post

676PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Nov 18, 2020 5:26 pm

engineer


Manager - Equity Analytics
Manager - Equity Analytics

Vishwanarth wrote:EXPO the top, RAL the second and GLAS the third runners today.

even gran had a good steady run

RJ1010 likes this post

677PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Thu Nov 19, 2020 10:49 am

svkiruba8@gmail.com


Manager - Equity Analytics
Manager - Equity Analytics

engineer wrote:
Vishwanarth wrote:EXPO the top, RAL the second and GLAS the third runners today.

even gran had a good steady run

Tdy price moment any idea 🤷🏼‍�

678PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Thu Nov 19, 2020 10:51 am

Mr. X

Mr. X
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

svkiruba8@gmail.com wrote:
engineer wrote:
Vishwanarth wrote:EXPO the top, RAL the second and GLAS the third runners today.

even gran had a good steady run

Tdy price moment any idea 🤷🏼

around 8.3 to 8.7 i predict...

svkiruba8@gmail.com likes this post

679PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Thu Nov 19, 2020 9:26 pm

C.THARANGA


Manager - Equity Analytics
Manager - Equity Analytics

PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Glass111
PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Glass210
PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Glass310

Chithi, Eranga87 and SL-INVESTOR like this post

680PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 27 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Thu Nov 19, 2020 9:29 pm

C.THARANGA


Manager - Equity Analytics
Manager - Equity Analytics

Eranga87 and C.THARANGA like this post

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