HVA @ 13.50....

Leon · 1 HVA @ 13.50.... Wed Aug 15, 2012 4:29 pm

Leon

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Dear Members

Today I bought some HVA @ 13.50. I know it is kind of gamble. Is it a worthy try???

Malika1990 · 2 Re: HVA @ 13.50.... Wed Aug 15, 2012 6:19 pm

Malika1990

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Now you don't have any option. Coz You have already bought no. whether it is worthy or not depends on your luck. But comparing with past price levels This price is ok

Dileepa · 3 Re: HVA @ 13.50.... Wed Aug 15, 2012 6:55 pm

Dileepa

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FYI

Dileepa wrote:They corrected the error. Now the P/E is 83.xx. Hope it is not too late.

This is a central data correction, not only business week.
Check your data feed just in case.

Dileepa wrote:Do you really believe that this will hit Rs.20/= ?
For the last 3 years their profit is on the decline.
Last year it was a whopping 80% drop.
Earnings per share have gone down from Rs.1.17 to 0.15 Cents.

Somebody please correct me if I'm wrong.
According to 31st March 2012 Financial Statement:
EPS is Rs.0.15/= (Last year it was Rs.0.95/=)
At today's closing price, P/E is over 86 ← WHAT THE HELL
Bloomberg data seems to be incorrect.
They have calculated the P/E based on last years EPS. (i.e 13/0.95 = 13.xx)

smallville · 4 Re: HVA @ 13.50.... Wed Aug 15, 2012 10:57 pm

smallville

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Leon wrote:Dear Members

Today I bought some HVA @ 13.50. I know it is kind of gamble. Is it a worthy try???

Errr.. u should ask us after few days know? Wink

BullFan · 5 Re: HVA @ 13.50.... Thu Aug 16, 2012 1:18 pm

BullFan

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its a gamble share in CSE... you buy and you wait and see...
you might get 200% profit in two days or gradually decline to Rs8.90 again. its a gamble...