Pls Advice on SEMB
Last edited by Quibit on Thu Feb 10, 2011 10:48 am; edited 1 time in total (Reason for editing : format condensed)
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Last edited by Quibit on Thu Feb 10, 2011 10:48 am; edited 1 time in total (Reason for editing : format condensed)
chamil wrote:Is it worth buying SEMB X at current trading price of Rs. 1.00-1.10? This share price is stagnant at this level for few months now. Is it due to the mega scale rights/warrants issue last year? Can we expect any good news from this company in the near future? Will this join the long awaited bank rally, if it occurs?
StocksWatch wrote:Now that the Dec 2010 quater results are out, what do you guys think about this share?
The bottom line of thier finacials show a reduction of profit but I see a silver line as their interest income for the 12 months ending in 2010 has increased by 292%.
mark wrote:StocksWatch wrote:Now that the Dec 2010 quater results are out, what do you guys think about this share?
The bottom line of thier finacials show a reduction of profit but I see a silver line as their interest income for the 12 months ending in 2010 has increased by 292%.
nop.........net interest increased by 292.9%,the reason is reduction in interest expense due to lower interest rate environment......
but rep to you for focusing on it..............
http://forum.srilankaequity.com/t1201-semb-results#8065
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