Pan Asian Power (PAP) worth less than Rs 2/= per share.

CHRONICLE™

CHRONICLE™

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Pan Asian Power is a highly inflated share. According to reasonable valuation share is not worth more than Rs 2/= per share.

PAP operates a 4MW Hydro power plant. As per the general market valuation 1MW of operational hydro power plant is worth Rs 200mn or US$ 1.5mn. This is well known figure to most analyst and most recent sale of private hydro power companies have taken place at prices below this accepted norm.

According to this method PAP can be valued at a price of Rs 800mn. Let's give PAP further premium of 20% in consideration of the public listing, goodwill etc. Then PAP's valuation can be increased to Rs 1,000mn (Rs 1bn).

PAP has 500 mn shares in issue. On this basis each share should be worth a maximum of only Rs 2/=. According to market sources majority shareholders of PAP are planning to exit from company in order to settle some of the overdue bank borrowings and margin calls.

It is important that investors know real value of companies before they embark on share investments on the Colombo stock exchange.

Roboticfx

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Mate, Have U ever seen any security act according to its financial status? I don't think. I had been trading PAP for a long time and it was very profitable. I have seen very large quantity of shares were purchased at more than 4 rupees. So, we cannot put a price restriction on it. There are large number of counters which trade below than there NAVPS value as well as more than NAVPS value.

I tried to point out the real process and I don't promote PAP.

Anyway, thanks for the info

mark

mark

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shares which perform in this kind of market and unstable economy sholud trade at higher PEs,
even more than 20 Twisted Evil

ill give premium,bcz they are steady shares in downturn and their shareholders are extremely intelligent players Very Happy

dont ask me shares Razz

,but there is and im buying Smile

here i mean NOT PAP,HVA,EAST,GREG or other shits,please read my posts history and find my predictions on high cap counters,even i today bought some...
please read my past posts Smile

Last edited by mark on Fri May 04, 2012 9:21 pm; edited 1 time in total (Reason for editing : edited to make post clear)

CHRONICLE™

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Mark you call manipulators as intelligent players. I am truly disappointed about your knowledge and the kind of example you are giving to the members being a a co- admin. "don't ask me shares and I am buying"
You call PAP a steady share, then I guess you need to go to the university again.

mark

mark

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Avinash wrote:Mark you call manipulators as intelligent players. I am truly disappointed about your knowledge and the kind of example you are giving to the members being a a co- admin. "don't ask me shares and I am buying"
You call PAP a steady share, then I guess you need to go to the university again.

hi hi avinash,...
please you have misunderstand me,i edited my post accordingly Smile

do you really think that im saying PAP is steady? Razz

it down from 8 at its peak,but here im talking abt my predicted shares in my past posts where no one cared Twisted Evil

they are everyday breaking 52 week highs and even 104 week highs Very Happy

the shareholders of my selective shares are not labeled as manipulators,i love them,bcoz they hold right shares which give good dividend and capital appreciation..

pls pls read my past posts Smile

mark

mark

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Avinash wrote:Mark you call manipulators as intelligent players. I am truly disappointed about your knowledge and the kind of example you are giving to the members being a a co- admin. "don't ask me shares and I am buying"
You call PAP a steady share, then I guess you need to go to the university again.

hay btw thanks for pointing out my error on post,really appreciate.. Smile

ah also im still in uni ne Smile

@users-sorry guys,i didnt mean abt PAP or other shits,my post is only related to VALUE STOCKS and which were my bets Smile

Vptilak

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Avinash wrote:Mark you call manipulators as intelligent players. I am truly disappointed about your knowledge and the kind of example you are giving to the members being a a co- admin. "don't ask me shares and I am buying"
You call PAP a steady share, then I guess you need to go to the university again.

Problem here is how to identify manipulaing. In a volatile market one can see as most dealers( big or retail)as manipulators coz they are buying at very high PE such as 15,16,17,18,19,20 and even 25. Now I think we are one of the markets that foreigners could buy shares in many sectors with very attractive PE like 10,9,8,7,6,5,4,3 and even less than that. What a wonderfull opportunity for mid and long term buyers?

ccsentha

ccsentha

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Pathirage is one of the sahre holders

it declared a decent dividend last time. in long term for SL power companies are good ne as we need lotsssss of power

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Pan Asian Power (PAP) worth less than Rs 2/= per share.

1 Pan Asian Power (PAP) worth less than Rs 2/= per share. Fri May 04, 2012 8:12 am

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