FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» FINANCE AND LEASING SECTOR
by SL-INVESTOR Today at 12:48 am

» HSENID BUSINESS SOLUTIONS PLC (HBS.N0000)
by ErangaDS Wed Jun 19, 2024 9:21 pm

» How will proposed Tax Reforms affect Sri Lankans in 2025
by Quibit Wed Jun 19, 2024 9:27 am

» Alibaba & 23 Thieves
by ChooBoy Wed Jun 19, 2024 12:23 am

» Falsified accounts and financial misrepresentation at Arpico Insurance PLC (AINS)
by ChooBoy Tue Jun 18, 2024 11:31 pm

» Impact of IMF reforms to Sri Lanka Economy
by D.G.Dayaratne Mon Jun 17, 2024 6:36 pm

» Richard Pieris Finance Ltd continue to endanger the Depositors with negative performance
by ddindika Mon Jun 17, 2024 3:17 pm

» Richard Pieris Group: Mismanaged?
by Biggy Sun Jun 16, 2024 10:02 am

» Richard Pieris Exports reports 97% decline in Net Profits
by Biggy Sat Jun 15, 2024 11:26 am

» Do your own Stock Market Research using AI Tools
by Quibit Fri Jun 14, 2024 10:50 am

» What will happen tomorrow?
by cheetah Thu Jun 13, 2024 12:07 pm

» Focus on Government controlled entities
by ErangaDS Mon Jun 10, 2024 4:15 pm

» Colombo Stock Market: Over Valued against USD!
by God Father Mon Jun 03, 2024 3:17 pm

» Financial Woes at Richard Pieris Group
by DeepFreakingValue Sat Jun 01, 2024 11:29 pm

» Report a Tax Evasion and Get Rewarded upto 15%
by God Father Fri May 31, 2024 11:51 am

» LankaGPT Platform Launched in Sri Lanka
by God Father Wed May 29, 2024 11:46 pm

» Sri Lanka’s Popularity Is Surging With Travelers. Here’s Where To Go
by ResearchMan Wed May 29, 2024 1:10 pm

» CDB Non voting
by buddikasmart Wed May 29, 2024 8:03 am

» Will share market be taxed after new Gazette
by D.G.Dayaratne Mon May 27, 2024 2:14 pm

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by Ekanayake90 Mon May 27, 2024 7:29 am

» Seylan Bank did not pay final coupon of expired debentures
by Gaudente Wed May 22, 2024 2:32 pm

» Sri Lanka: Stock Market Fraudsters with Criminal Prosecutions
by agentnrox Wed May 22, 2024 1:50 pm

» Richard Pieris Exports PLC (REXP.N0000) future looks bleak!
by God Father Mon May 20, 2024 10:08 pm

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube


You are not connected. Please login or register

Piramal Glass (Glas)

+7
Aamiable
nathanfornash
Gaja
THIRU
sasl
npc86
MoneyMaker
11 posters

Go down  Message [Page 1 of 1]

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

MoneyMaker

MoneyMaker
Senior Equity Analytic
Senior Equity Analytic

Is it still a keeper or ??

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

npc86

npc86
Manager - Equity Analytics
Manager - Equity Analytics

MoneyMaker wrote:Is it still a keeper or ??
If it reached your value sell it or keep.
Good Luck.! jocolor

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

sasl

sasl
Equity Analytic
Equity Analytic

my target is to drop @ 15/-

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

THIRU

THIRU
Senior Equity Analytic
Senior Equity Analytic

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.

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

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics

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

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

nathanfornash


Senior Equity Analytic
Senior Equity Analytic

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

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

THIRU

THIRU
Senior Equity Analytic
Senior Equity Analytic

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

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

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics

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

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

Aamiable


Vice President - Equity Analytics
Vice President - Equity Analytics

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 Very Happy Smile

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

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics

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?

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

chamith

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

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

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

Academic


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

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

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

Monster

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

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.

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

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics

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

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

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics

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

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

ShareShares


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

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


@gaja

Thanks for information

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

chamith

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

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....

Sponsored content



Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum