Last Chance to buy Good shares at Highly Discounted Price

deep wrote:

Rajaraam wrote:
Shares of a good Plantation company(Elpitiya)-At PE is around 3.5
(estimate based on last 6months EPS)

Are you mad Rajaram ??
Last qtr and coming qtrs are also carrying on loss ?? You seem to be stuck with ELPL...
In your basis all the plantations should be undervalued...

Anyway I have read enough your too optimistic stories during last few weeks...

kam2011 wrote:

deep wrote:

Rajaraam wrote:
Shares of a good Plantation company(Elpitiya)-At PE is around 3.5
(estimate based on last 6months EPS)

Are you mad Rajaram ??
Last qtr and coming qtrs are also carrying on loss ?? You seem to be stuck with ELPL...
In your basis all the plantations should be undervalued...

Anyway I have read enough your too optimistic stories during last few weeks...

deep,
He is not mad deep. I noticed he has corrected that mistake last night. See below please.


Re: Last Chance to buy Good shares at Highly Discounted Price
by Rajaraam Yesterday at 9:57 pm

CSE.SAS wrote:
Rajaraam wrote:
I guess we have only very few days to buy extreamely good shares at highly discounted price. Just imagine we can buy now.;

Shares of good Plantation company(Elpitiya)-At EPS is around 3.5
(estimate based on last 6months EPS)

Thare are many more. I dont think we will have a chance like this again in the near future.


Earning per share

Elipitiya Plantation

2010/2011(FY) 4.99
2011/2012(6m) 0.77


I agree.That is a mistake. OK will take Kegalle Based on estimated EPS( according to Rs. 11.53 for last 6 months)is 23.06. Market price 96.10 .Then PE is 96.10/23.06=4.16

Agalawatta PE also 5.0

Rajaraam
Assistant Vice President - Equity Analytics


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hasi17 wrote:Anyway if you just take the broker give values to put your money, then remember there was a bank with a under 10 PE ratio a year ago, it was the bank with the lowest PE ratio. It was like more than half the other banks. Now what happens, the share price has halved and it's still overvalued. Its PE ratio is now climbing.

illuminati wrote:Remember the fishmonger trying to sell his last bit of rotten fish !

hasi17 wrote:Anyway if you just take the broker give values to put your money, then remember there was a bank with a under 10 PE ratio a year ago, it was the bank with the lowest PE ratio. It was like more than half the other banks. Now what happens, the share price has halved and it's still overvalued. Its PE ratio is now climbing.

Rajaraam wrote:

hasi17 wrote:Anyway if you just take the broker give values to put your money, then remember there was a bank with a under 10 PE ratio a year ago, it was the bank with the lowest PE ratio. It was like more than half the other banks. Now what happens, the share price has halved and it's still overvalued. Its PE ratio is now climbing.

You are refering to what bank? It may be a interesting story. Could you pl. tell us.

illuminati wrote:Remember the fishmonger trying to sell his last bit of rotten fish !

Sana wrote:

Rajaraam wrote:

hasi17 wrote:Anyway if you just take the broker give values to put your money, then remember there was a bank with a under 10 PE ratio a year ago, it was the bank with the lowest PE ratio. It was like more than half the other banks. Now what happens, the share price has halved and it's still overvalued. Its PE ratio is now climbing.

You are refering to what bank? It may be a interesting story. Could you pl. tell us.

I think he is refering to chilaw finance

Rajaraam wrote:Looks like this is the last chance. Turn started. But too early to say this run would continue or not. Should watch closely whether volumes will increase tomorrow.Any way I feel we are in last few days to buy at bargain price.

Aamiable wrote:yes , broker credit was not given .... current upward trend seem to be solid..

aj wrote:

Rajaraam wrote:Looks like this is the last chance. Turn started. But too early to say this run would continue or not. Should watch closely whether volumes will increase tomorrow.Any way I feel we are in last few days to buy at bargain price.

We have to hope there will be more suckers to sell them after we buy at these prices.