Piramal Glass (Glas)

MoneyMaker · 1 Piramal Glass (Glas) Mon Feb 28, 2011 6:00 pm

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Is it still a keeper or ??

npc86 · 2 Re: Piramal Glass (Glas) Mon Feb 28, 2011 7:04 pm

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MoneyMaker wrote:Is it still a keeper or ??

If it reached your value sell it or keep.
Good Luck.! jocolor

sasl · 3 Re: Piramal Glass (Glas) Mon Feb 28, 2011 7:32 pm

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my target is to drop @ 15/-

THIRU · 4 Re: Piramal Glass (Glas) Mon Feb 28, 2011 9:45 pm

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at current price it is undervalued. even at 12 it is undervalued...
I have some shares.. I will keep it. today overall mkt is down.

Gaja · 5 Re: Piramal Glass (Glas) Mon Mar 07, 2011 12:29 pm

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Already pass 19 Million shares, it will be interested to note how many shares will be held by the Top 20 at the end of 31.03.2011

nathanfornash · 6 Re: Piramal Glass (Glas) Mon Mar 14, 2011 10:46 pm

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Historically, the high seems to have been Rs. 104, can anybody tell me what happened for the value to drop so drastically?

THIRU · 7 Re: Piramal Glass (Glas) Mon Mar 14, 2011 11:54 pm

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Not only GLAS every thing is down... all good shares..
cant afford to make a loss.. lets wait and see

Gaja · 8 Re: Piramal Glass (Glas) Mon Apr 25, 2011 12:17 pm

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25-Apr-2011 Dividend Announcement - GLAS

PIRAMAL GLASS CEYLON PLC
Company ID:- GLAS
Date of Announcement:-25.Apr.2011
Rate of Dividend:- Rs.0.30 per share / First & Final Dividend
Financial Year:- 2010/2011
Dates to be notified

Aamiable · 9 Re: Piramal Glass (Glas) Mon Apr 25, 2011 1:06 pm

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Gaja wrote:25-Apr-2011 Dividend Announcement - GLAS

PIRAMAL GLASS CEYLON PLC
Company ID:- GLAS
Date of Announcement:-25.Apr.2011
Rate of Dividend:- Rs.0.30 per share / First & Final Dividend
Financial Year:- 2010/2011
Dates to be notified

Good small cap stock to keep....

Smile

Gaja · 10 Re: Piramal Glass (Glas) Mon Apr 25, 2011 3:28 pm

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since it mentioned as the dividend for the financial year 2010/2011, so it seems they have finalized the accounts for the Year Ended 31.03.2011, so shall we expect their financials soon?

chamith · 11 Re: Piramal Glass (Glas) Mon Apr 25, 2011 8:02 pm

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Last time thy issued a dividend was on 2008 July. That was just 0.02 (two cents) but after so long thy r issuing a dividend again. This time almost 3% DPS which is considerably high. This means GLAS has made a profit and come out from loss making......... Very Happy

Academic · 12 Re: Piramal Glass (Glas) Mon Apr 25, 2011 9:13 pm

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As a bottle manufacturer their sales depend on production. In turn production depends on furnace capacity. So QoQ EPS growth cant sustain as a trading company, since production capacity is limited (Glas is the only bottle manufacturer in Sri Lanka), unless production cost decreased.

Thus, look into at what level of the capacity they are operating now.

P.S. I disposed my Glas

Monster · 13 Re: Piramal Glass (Glas) Mon Apr 25, 2011 10:33 pm

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Gaja wrote:since it mentioned as the dividend for the financial year 2010/2011, so it seems they have finalized the accounts for the Year Ended 31.03.2011, so shall we expect their financials soon?

Yes, we may expect the report during this week. They released the 3Q financial statement on 20/01/2011.

Gaja · 14 Re: Piramal Glass (Glas) Tue Apr 26, 2011 8:26 am

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i am following this share when it was at 2/= and entered in to it at 3.30/= onwards, but the only issue is i bought few shares at 3.30/= because of the losses

Gaja · 15 Re: Piramal Glass (Glas) Sun May 01, 2011 6:20 am

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http://www.sundaytimes.lk/110501/BusinessTimes/bt28.html

ShareShares · 16 Re: Piramal Glass (Glas) Sun May 01, 2011 7:31 am

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Gaja wrote:http://www.sundaytimes.lk/110501/BusinessTimes/bt28.html

@gaja

Thanks for information

chamith · 17 Re: Piramal Glass (Glas) Sun May 01, 2011 11:48 pm

chamith

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Gaja wrote:i am following this share when it was at 2/= and entered in to it at 3.30/= onwards, but the only issue is i bought few shares at 3.30/= because of the losses

Wow you lucky man...
Did you notice that GLAS is utilizing about 90% of their capacity. Therefore the profit can deviate to the extend where they use the product mix, cost cutting, and increased in the prices, raw materials. Therefore is the company facing a bottle neck here ?

If they sell their land where they used to have the old factory they could also gain a good profit out of it....

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Piramal Glass (Glas)

1 Piramal Glass (Glas) Mon Feb 28, 2011 6:00 pm

MoneyMaker

2 Re: Piramal Glass (Glas) Mon Feb 28, 2011 7:04 pm

npc86

3 Re: Piramal Glass (Glas) Mon Feb 28, 2011 7:32 pm

sasl

4 Re: Piramal Glass (Glas) Mon Feb 28, 2011 9:45 pm

THIRU

5 Re: Piramal Glass (Glas) Mon Mar 07, 2011 12:29 pm

Gaja

6 Re: Piramal Glass (Glas) Mon Mar 14, 2011 10:46 pm

nathanfornash

7 Re: Piramal Glass (Glas) Mon Mar 14, 2011 11:54 pm

THIRU

8 Re: Piramal Glass (Glas) Mon Apr 25, 2011 12:17 pm

Gaja

9 Re: Piramal Glass (Glas) Mon Apr 25, 2011 1:06 pm

Aamiable

10 Re: Piramal Glass (Glas) Mon Apr 25, 2011 3:28 pm

Gaja

11 Re: Piramal Glass (Glas) Mon Apr 25, 2011 8:02 pm

chamith

12 Re: Piramal Glass (Glas) Mon Apr 25, 2011 9:13 pm

Academic

13 Re: Piramal Glass (Glas) Mon Apr 25, 2011 10:33 pm

Monster

14 Re: Piramal Glass (Glas) Tue Apr 26, 2011 8:26 am

Gaja

15 Re: Piramal Glass (Glas) Sun May 01, 2011 6:20 am

Gaja

16 Re: Piramal Glass (Glas) Sun May 01, 2011 7:31 am

ShareShares

17 Re: Piramal Glass (Glas) Sun May 01, 2011 11:48 pm

chamith

18 Re: Piramal Glass (Glas)

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