ABAN results

Slstock · 1 ABAN results Fri Nov 04, 2011 3:38 pm

Slstock

Director - Equity Analytics

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Not announced on CSE yet.
Quarter EPS 1.58
http://www.cse.lk/cmt/upload_report_file/642_1320398717338.pdf

lokuayya · 2 Re: ABAN results Fri Nov 04, 2011 4:49 pm

lokuayya

Senior Manager - Equity Analytics

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catch the bloody director who sold lot of shares just prior to the results.
this is a naked case of insider dealing.
It is a shame even for his family name that has a reputation developed by hard work of seniors of the family.

Old generation earned by hard work, second generation trying to earn by dirty games.
remember Nawaloka case?

Monster · 3 Re: ABAN results Fri Nov 04, 2011 10:11 pm

Monster

Senior Vice President - Equity Analytics

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Chairperson's review for the 2nd quarter,

Code:: The Manufacturing Division lacking positive attributes due to import liberalization affects to the 2nd Quarter performance bringing it to average level while the service division maintains positive reliable growth compared to the last year and last quarter.

I wonder how above mentioned reason is going effect REG, which is falling in to the same category as ABAN in terms of business activity. REG, an illiquid share, is currently trading PE of over 25, which is overvalued compared to other companies in the same sector. We have seen a mega rally during last month and stagnated at Rs 450/- level.

Slstock · 4 Re: ABAN results Sat Nov 05, 2011 4:56 am

Slstock

Director - Equity Analytics

Posts : 6610
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Join date : 2011-01-22

@Monster wrote:Chairperson's review for the 2nd quarter,

Code:

The Manufacturing Division lacking positive attributes due to import liberalization affects to the 2nd Quarter performance bringing it to average level while the service division maintains positive reliable growth compared to the last year and last quarter.

I wonder how above mentioned reason is going effect REG, which is falling in to the same category as ABAN in terms of business activity. REG, an illiquid share, is currently trading PE of over 25, which is overvalued compared to other companies in the same sector. We have seen a mega rally during last month and stagnated at Rs 450/- level.

REG was a great buy at Rs 160. It was good buy around Rs 200. Valued around RS 250-270 in my book maximum. After that it is pure crap and manipulation until I see greater with earning to justify these prices.

BTW let us not hold out breath to see magic from REG ( leaving out the who know at CSE) also after ABAN comparison as Monster said. to sustain current REG price we should see2 quarters atleast of around 10 EPS.

Jana1 · 5 Re: ABAN results Sat Nov 05, 2011 7:40 pm

Jana1

Assistant Vice President - Equity Analytics

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@lokuayya wrote:catch the bloody director who sold lot of shares just prior to the results.
this is a naked case of insider dealing.
It is a shame even for his family name that has a reputation developed by hard work of seniors of the family.

Old generation earned by hard work, second generation trying to earn by dirty games.
remember Nawaloka case?

Hai man,
Have u read their June qtr? They clearly mentioned the issue. This is not a insider trading. Director can sell or buy, this is one indication to the investors. y didnt u get exit? den blaming him.

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ABAN results

1 ABAN results Fri Nov 04, 2011 3:38 pm

Slstock

2 Re: ABAN results Fri Nov 04, 2011 4:49 pm

lokuayya

3 Re: ABAN results Fri Nov 04, 2011 10:11 pm

Monster

4 Re: ABAN results Sat Nov 05, 2011 4:56 am

Slstock

5 Re: ABAN results Sat Nov 05, 2011 7:40 pm

Jana1

6 Re: ABAN results

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