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Sri Lanka Equity Forum » Stock Market Talk » why CRL price drop?

why CRL price drop?

Go down  Message [Page 1 of 1]

1why CRL price drop? Empty why CRL price drop? on Wed Feb 12, 2020 8:44 pm

Eranga87


Manager - Equity Analytics
Manager - Equity Analytics
anyone knows abut CRL ?? why CRL price continuously drop??

2why CRL price drop? Empty Re: why CRL price drop? on Thu Feb 13, 2020 11:32 am

ThilinaM

ThilinaM
Vice President - Equity Analytics
Vice President - Equity Analytics
8-10 RUPPE Z THE CORRECT PRICE

3why CRL price drop? Empty Re: why CRL price drop? on Thu Feb 13, 2020 12:46 pm

Eranga87


Manager - Equity Analytics
Manager - Equity Analytics
thilina, how to guess correct price as 8 to 10, which kind of basis?
CRL's NAV is Rs. 27. i think share is undervalued

4why CRL price drop? Empty Re: why CRL price drop? on Thu Feb 13, 2020 12:57 pm

Teller

Teller
Moderator
Moderator
This is different case, 16000 depositors ask deposits back. Some issues in කුරුණෑගල branch i heard.


_________________




Teller said is said..

5why CRL price drop? Empty Re: why CRL price drop? on Thu Feb 13, 2020 1:02 pm

ThilinaM

ThilinaM
Vice President - Equity Analytics
Vice President - Equity Analytics
I just said looking at EPS and compare with other financial companys. not with a detail analysis.
dont go by NAV its a fraud. NAV can be up by fake revaluations.

6why CRL price drop? Empty Re: why CRL price drop? on Thu Feb 13, 2020 1:16 pm

KavinduTM

KavinduTM
Vice President - Equity Analytics
Vice President - Equity Analytics
NAV reduced from 28/= to 24/= in 9 months.

I haven't analysed this share totally, however current price is okay. i don't think it deserves 10rs. That's too low. 

Their eps increased but after the right issue of 35mn shares it decreased.

You can see profits increased , revenue increased but eps decreased comparing 9 months with the 6 months eps. must be coz of that 35mn shares issued.



Last edited by KavinduTM on Thu Feb 13, 2020 2:12 pm; edited 1 time in total (Reason for editing : mistake)

7why CRL price drop? Empty Re: why CRL price drop? on Thu Feb 13, 2020 1:56 pm

Eranga87


Manager - Equity Analytics
Manager - Equity Analytics
kavindu, your figuers is absoluetly correct.

i only can see,  significant reason was retained earnings beame to negative as results of SLFRS 09 changes. it is only reporting adjusment. accually nothing  happen. SLFRS 9 negaively affecect financial companies. it is not big one for decline CRL price.

8why CRL price drop? Empty Re: why CRL price drop? on Thu Feb 13, 2020 2:06 pm

Eranga87


Manager - Equity Analytics
Manager - Equity Analytics
Kavindu , CRL right issue share should be 35,440,896 and raised amount was Rs.602,495,232.
not 600Mn shares

9why CRL price drop? Empty Re: why CRL price drop? on Thu Feb 13, 2020 2:09 pm

ThilinaM

ThilinaM
Vice President - Equity Analytics
Vice President - Equity Analytics
SLFRS 9 do not matter here . SLFRS 9 is u have to adjust the credit loss.

10why CRL price drop? Empty Re: why CRL price drop? on Thu Feb 13, 2020 2:11 pm

KavinduTM

KavinduTM
Vice President - Equity Analytics
Vice President - Equity Analytics
@Eranga87 wrote:kavindu, your figuers is absoluetly correct.

i only can see,  significant reason was retained earnings beame to negative as results of SLFRS 09 changes. it is only reporting adjusment. accually nothing  happen. SLFRS 9 negaively affecect financial companies. it is not big one for decline CRL price.

CRL price declining started in 2015 august month. Now it should start appreciating the price again. They will perform far better in 2020.

Yeah i think same. Maybe it will be a chance to collect @current prices now.

However i can't recommend this as i haven't analysed this share yet.

11why CRL price drop? Empty Re: why CRL price drop? on Thu Feb 13, 2020 2:14 pm

ThilinaM

ThilinaM
Vice President - Equity Analytics
Vice President - Equity Analytics
9 rupee z too mutch what a shit company revenue increase z only 3% YOY
becoz trubles they dont pay divident this time. not proven as good. this is crap

12why CRL price drop? Empty Re: why CRL price drop? on Thu Feb 13, 2020 2:15 pm

KavinduTM

KavinduTM
Vice President - Equity Analytics
Vice President - Equity Analytics
@Eranga87 wrote:Kavindu , CRL right issue share should be 35,440,896 and raised amount was Rs.602,495,232.
not 600Mn shares
Oh yeah i corrected it. Sorry for the mistake.

13why CRL price drop? Empty Re: why CRL price drop? on Fri Feb 14, 2020 10:18 am

Eranga87


Manager - Equity Analytics
Manager - Equity Analytics
hi,
today CRL move positive manner.i think, better to buy at the current  price. something happen in future.

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