REGNIS(LANKA) PLC (REG.N0000)

A_Joe · 1 REGNIS(LANKA) PLC (REG.N0000) Wed Oct 10, 2012 9:17 pm

A_Joe

Stock Trader

Posts : 8
Equity Stars : 4242
Reputation : 0
Join date : 2012-10-10

Guys,
As you'll can see REG is trading 69-72 levels, any one noticed that some blocks traded below 70? avg.qty is like 100k per day. Im talking about 1-11/2 months back. Did anyone aware about the buyers? Alright, just for your information guys. 300k-500k bought by Assetline Group and 200k-400k bought by EPF. (im not sure about the quantities but source is very reliable). Which means more than 700k share going out from the free float and in this situation no one will subscribe the rights. But these institutions will end up with additional rights. Again there wont be any rights to trade in the market. Also its a stock with a higher dividend yield too. According to my calculations there are less than 1mill shares in the free float. And those institutions will not sell with a smaller profit margina. Im pretty sure this time market itself drive this stock to 100 and then someone will pick it to a higher level. Im seeing a real potential in this stock and you can easily justify this stock 135.00+.
Good Luck! afro

Redbulls · 2 Re: REGNIS(LANKA) PLC (REG.N0000) Wed Oct 10, 2012 9:28 pm

Redbulls

Director - Equity Analytics

Posts : 6053
Equity Stars : 16067
Reputation : 770
Join date : 2012-02-14

Welcome to the forum.
Please supply more reason for your justification @ Rs135.00.
Advance thanks.

A_Joe · 3 Re: REGNIS(LANKA) PLC (REG.N0000) Wed Oct 10, 2012 9:51 pm

A_Joe

Stock Trader

Posts : 8
Equity Stars : 4242
Reputation : 0
Join date : 2012-10-10

Redbulls wrote:Welcome to the forum.
Please supply more reason for your justification @ Rs135.00.
Advance thanks.

Im not trying to promote any stock here i was a regular visitor of this forum and taught of publish some of my taughts here thats how i registered with this.
Alright back to REG as you'll can remember this stock went up to 500+ (before the 1for1 split). Just go through the numbers then you can see the facts and figures. PE is 9.6 if you take 10 times no doubts its a rs.96 share. This is my personnel view of this stock. It went up to 500 (which means 250 now) and now trading 70. Thats how i predicted it. Also you'll love to see the coming results.
Cheers!

wgsaman · 4 Re: REGNIS(LANKA) PLC (REG.N0000) Wed Oct 10, 2012 11:37 pm

wgsaman

Senior Manager - Equity Analytics

Posts : 348
Equity Stars : 5236
Reputation : 48
Join date : 2011-05-20
Age : 33

REG is a good choice

monash · 5 Re: REGNIS(LANKA) PLC (REG.N0000) Thu Oct 11, 2012 7:57 am

monash

Senior Manager - Equity Analytics

Posts : 354
Equity Stars : 6259
Reputation : 16
Join date : 2011-01-22

Proportion: - One (01) new ordinary share for every six (06) shares held
Issue Price: - Rs. 69.00/-
Qty Offered: - 1,609,695
Renunciation: - 17.Oct.2012
Last Date of Acceptance & Payment: - 18.Oct.2012

Technically REG should move up before renunciation in order for this rights issue to be successful. As you can see issue price is Rs.69. It make no sense for some one to subscribe to it at Rs.69 if the share can purchase from market below 69.

However your Rs. 135 prediction is too optimistic.

A_Joe · 6 Re: REGNIS(LANKA) PLC (REG.N0000) Thu Oct 11, 2012 9:11 am

A_Joe

Stock Trader

Posts : 8
Equity Stars : 4242
Reputation : 0
Join date : 2012-10-10

monash wrote:Proportion: - One (01) new ordinary share for every six (06) shares held
Issue Price: - Rs. 69.00/-
Qty Offered: - 1,609,695
Renunciation: - 17.Oct.2012
Last Date of Acceptance & Payment: - 18.Oct.2012

Technically REG should move up before renunciation in order for this rights issue to be successful. As you can see issue price is Rs.69. It make no sense for some one to subscribe to it at Rs.69 if the share can purchase from market below 69.

However your Rs. 135 prediction is too optimistic.

Hope you can remember what happened to SFIN.N.0000 when they announced the rights issue. No one bought rights and company subscribed it and on that time it was trading around 10-11. All of a sudden after the rights issue it went up to 16+. It will make sense very soon my dear friend.
Im just giving the factor that can happen in real life, its up to you to take it or not to but im very bullish on this stock.

hettdas · 7 Re: REGNIS(LANKA) PLC (REG.N0000) Thu Oct 11, 2012 9:27 am

hettdas

Assistant Vice President - Equity Analytics

Posts : 611
Equity Stars : 6657
Reputation : 31
Join date : 2011-02-01

monash wrote:Proportion: - One (01) new ordinary share for every six (06) shares held
Issue Price: - Rs. 69.00/-
Qty Offered: - 1,609,695
Renunciation: - 17.Oct.2012
Last Date of Acceptance & Payment: - 18.Oct.2012

Technically REG should move up before renunciation in order for this rights issue to be successful. As you can see issue price is Rs.69. It make no sense for some one to subscribe to it at Rs.69 if the share can purchase from market below 69.

However your Rs. 135 prediction is too optimistic.

Agree with you. REGNIS and SFS both maipulated shares. What happened to SFS now? I think same will happen to REG Sad

A_Joe · 8 Re: REGNIS(LANKA) PLC (REG.N0000) Thu Oct 11, 2012 9:34 am

A_Joe

Stock Trader

Posts : 8
Equity Stars : 4242
Reputation : 0
Join date : 2012-10-10

hettdas wrote:

monash wrote:Proportion: - One (01) new ordinary share for every six (06) shares held
Issue Price: - Rs. 69.00/-
Qty Offered: - 1,609,695
Renunciation: - 17.Oct.2012
Last Date of Acceptance & Payment: - 18.Oct.2012

Technically REG should move up before renunciation in order for this rights issue to be successful. As you can see issue price is Rs.69. It make no sense for some one to subscribe to it at Rs.69 if the share can purchase from market below 69.

However your Rs. 135 prediction is too optimistic.

How can you compare REG with SFS?

Agree with you. REGNIS and SFS both maipulated shares. What happened to SFS now? I think same will happen to REG

smallville · 9 Re: REGNIS(LANKA) PLC (REG.N0000) Thu Oct 11, 2012 9:43 am

smallville

Associate Director - Equity Analytics

Posts : 4119
Equity Stars : 10106
Reputation : 530
Join date : 2011-02-03
Location : Back on Earth

A_Joe wrote:

Redbulls wrote:Welcome to the forum.
Please supply more reason for your justification @ Rs135.00.
Advance thanks.

Im not trying to promote any stock here i was a regular visitor of this forum and taught of publish some of my taughts here thats how i registered with this.
Alright back to REG as you'll can remember this stock went up to 500+ (before the 1for1 split). Just go through the numbers then you can see the facts and figures. PE is 9.6 if you take 10 times no doubts its a rs.96 share. This is my personnel view of this stock. It went up to 500 (which means 250 now) and now trading 70. Thats how i predicted it. Also you'll love to see the coming results.
Cheers!

As my memory serves, at the time this went to 500, it only has a valuation worth of 250/-.. Your thinking could be rite on 135 as this can go up when some ppl come active in this like last time but fundamentally it looks undervalued at the current price.
But I'm talking from the past experience and I've not checked their latest financials so I'm not too sure..

visionstar · 10 Re: REGNIS(LANKA) PLC (REG.N0000) Thu Oct 11, 2012 11:29 am

visionstar

Senior Equity Analytic

Posts : 58
Equity Stars : 4784
Reputation : 3
Join date : 2011-06-23

Regnis rights are trading at Rs 3.30.
Rights price is Rs 69.
Current market price is around Rs 68- 69

I can't see the logic in buying rights at this price level. ( bid quantity around 16000?)

hettdas · 11 Re: REGNIS(LANKA) PLC (REG.N0000) Thu Oct 11, 2012 12:46 pm

hettdas

Assistant Vice President - Equity Analytics

Posts : 611
Equity Stars : 6657
Reputation : 31
Join date : 2011-02-01

visionstar wrote:Regnis rights are trading at Rs 3.30.
Rights price is Rs 69.
Current market price is around Rs 68- 69

I can't see the logic in buying rights at this price level. ( bid quantity around 16000?)

There is no logic behind this. This is pure manipulation Very Happy

God bless you rights buyers Sad

monash · 12 Re: REGNIS(LANKA) PLC (REG.N0000) Thu Oct 11, 2012 1:57 pm

monash

Senior Manager - Equity Analytics

Posts : 354
Equity Stars : 6259
Reputation : 16
Join date : 2011-01-22

Fundamentally REG N undervalued at this level.. Even in this adverse market conditions, REG still holding it's ground strongly. I beleive when the market turns green it will give short term considerable return to traders buying at these levels. Smile

dmtmadusanka · 13 Reg.Noooo future Wed May 13, 2020 1:27 am

dmtmadusanka

Senior Equity Analytic

Posts : 56
Equity Stars : 2500
Reputation : 0
Join date : 2017-09-16

Ideas

Eranga87 · 14 Re: REGNIS(LANKA) PLC (REG.N0000) Fri Jul 31, 2020 12:37 pm

Eranga87

Assistant Vice President - Equity Analytics

Posts : 746
Equity Stars : 2407
Reputation : 42
Join date : 2020-01-27
Location : Telaviv

Again, Regnis enter to game. try to get it @ lowest price. target above 90.

desh87 · 15 Re: REGNIS(LANKA) PLC (REG.N0000) Fri Jul 31, 2020 6:59 pm

desh87

Manager - Equity Analytics

Posts : 145
Equity Stars : 4783
Reputation : 7
Join date : 2011-09-17

Low interest environment. High dividend paying company. Massive growth potential. Government support for local manufacturing sector. Good management. What not to like about this share. Long term target 150+ easy.

Baba2020 · 16 Re: REGNIS(LANKA) PLC (REG.N0000) Fri Jul 31, 2020 7:17 pm

Baba2020

Senior Equity Analytic

Posts : 61
Equity Stars : 1443
Reputation : 1
Join date : 2020-07-29

Good company. May reach 90 levels soon

Eranga87 · 17 Re: REGNIS(LANKA) PLC (REG.N0000) Fri Jul 31, 2020 7:34 pm

Eranga87

Assistant Vice President - Equity Analytics

Posts : 746
Equity Stars : 2407
Reputation : 42
Join date : 2020-01-27
Location : Telaviv

yes, I agree with you,, Laughing

REGNIS pay smart dividends for its shareholders. I mean that in the short-term period REG easily achieves Rs. 100. I know that very well.
current price is ok to enter and make the highest return with both dividend income & capital gain.

REGNIS investment is better for every period, because they have solid financial. after election, they perform very well & the price will touch Rs. 150 in the longterm period.

when REGNIS was trading in 60 rupees, I recommend this one before 2 weeks ago. dont miss this opportunity,,

Good luck.... cheers

desh87 · 18 Re: REGNIS(LANKA) PLC (REG.N0000) Thu Sep 10, 2020 3:43 pm

desh87

Manager - Equity Analytics

Posts : 145
Equity Stars : 4783
Reputation : 7
Join date : 2011-09-17

Massive push higher today!

Win Win · 19 Re: REGNIS(LANKA) PLC (REG.N0000) Thu Sep 10, 2020 3:45 pm

Win Win

Senior Manager - Equity Analytics

Posts : 489
Equity Stars : 1929
Reputation : 7
Join date : 2020-08-03

desh87 wrote:Low interest environment. High dividend paying company. Massive growth potential. Government support for local manufacturing sector. Good management. What not to like about this share. Long term target 150+ easy.

Regnis is a well performing company.
Further, import ban will create extra advantage for them.

Eranga87 · 20 Re: REGNIS(LANKA) PLC (REG.N0000) Thu Sep 10, 2020 5:28 pm

Eranga87

Assistant Vice President - Equity Analytics

Posts : 746
Equity Stars : 2407
Reputation : 42
Join date : 2020-01-27
Location : Telaviv

earlier one month ago, I mentioned REGNIS will touch Rs.100. REGNIS is good for longterm & hope to price will go Rs. 110 in the longterm.

but now, after or before reach 90, the price will again come down Rs.75-80 range. now riskier for collect @ above Rs.85 level.

pra4u · 21 Re: REGNIS(LANKA) PLC (REG.N0000) Thu Sep 10, 2020 5:55 pm

pra4u

Manager - Equity Analytics

Posts : 109
Equity Stars : 4802
Reputation : 3
Join date : 2011-07-20

Eranga87 wrote:earlier one month ago, I mentioned REGNIS will touch Rs.100. REGNIS is good for longterm & hope to price will go Rs. 110 in the longterm.

but now, after or before reach 90, the price will again come down Rs.75-80 range. now riskier for collect @ above Rs.85 level.

Today i collected small amount planning to sell off tomorrow with some gain based on some recommendation

KavinduTM · 22 Re: REGNIS(LANKA) PLC (REG.N0000) Thu Sep 10, 2020 11:46 pm

KavinduTM

Senior Vice President - Equity Analytics

Posts : 1516
Equity Stars : 3308
Reputation : 49
Join date : 2019-11-27
Age : 22
Location : Gampaha

REG is an interesting counter. I ll enter around 70/=

desh87 · 23 Re: REGNIS(LANKA) PLC (REG.N0000) Fri Sep 11, 2020 3:10 am

desh87

Manager - Equity Analytics

Posts : 145
Equity Stars : 4783
Reputation : 7
Join date : 2011-09-17

KavinduTM wrote:REG is an interesting counter. I ll enter around 70/=

That’s a good entry. When things settle down, this could even give you 20% yield annually through dividends.

KavinduTM · 24 Re: REGNIS(LANKA) PLC (REG.N0000) Fri Sep 11, 2020 4:48 am

KavinduTM

Senior Vice President - Equity Analytics

Posts : 1516
Equity Stars : 3308
Reputation : 49
Join date : 2019-11-27
Age : 22
Location : Gampaha

desh87 wrote:

KavinduTM wrote:REG is an interesting counter. I ll enter around 70/=

That’s a good entry. When things settle down, this could even give you 20% yield annually through dividends.

Yeah i really like their dividend yield. Nowadays i'm creating a strong portfolio with a good dividend yield. This share will probably help me out.

desh87 · 25 Re: REGNIS(LANKA) PLC (REG.N0000) Fri Sep 11, 2020 7:14 am

desh87

Manager - Equity Analytics

Posts : 145
Equity Stars : 4783
Reputation : 7
Join date : 2011-09-17

KavinduTM wrote:

desh87 wrote:

KavinduTM wrote:REG is an interesting counter. I ll enter around 70/=

That’s a good entry. When things settle down, this could even give you 20% yield annually through dividends.

Yeah i really like their dividend yield. Nowadays i'm creating a strong portfolio with a good dividend yield. This share will probably help me out.

Exactly! That’s the only way to go. Given their history of good dividend payout and bank interest rates coming down, these shares will be in demand. If you build a good dividend portfolio, it doesn’t matter if the market goes up down or sideways.

Average dividend yield around 8-10% is a good number to target.

Personally I’ve build my retirement portfolio on this theory. If the prices goes up so much, that the yield comes down below 4-5%, thats the time I’ll be considering selling for capital gains. Otherwise I’ll hold them forever and live of the dividends.

Sponsored content

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Latest topics

REGNIS(LANKA) PLC (REG.N0000)

1 REGNIS(LANKA) PLC (REG.N0000) Wed Oct 10, 2012 9:17 pm

A_Joe

2 Re: REGNIS(LANKA) PLC (REG.N0000) Wed Oct 10, 2012 9:28 pm

Redbulls

3 Re: REGNIS(LANKA) PLC (REG.N0000) Wed Oct 10, 2012 9:51 pm

A_Joe

4 Re: REGNIS(LANKA) PLC (REG.N0000) Wed Oct 10, 2012 11:37 pm

wgsaman

5 Re: REGNIS(LANKA) PLC (REG.N0000) Thu Oct 11, 2012 7:57 am

monash

6 Re: REGNIS(LANKA) PLC (REG.N0000) Thu Oct 11, 2012 9:11 am

A_Joe

7 Re: REGNIS(LANKA) PLC (REG.N0000) Thu Oct 11, 2012 9:27 am

hettdas

8 Re: REGNIS(LANKA) PLC (REG.N0000) Thu Oct 11, 2012 9:34 am

A_Joe

9 Re: REGNIS(LANKA) PLC (REG.N0000) Thu Oct 11, 2012 9:43 am

smallville

10 Re: REGNIS(LANKA) PLC (REG.N0000) Thu Oct 11, 2012 11:29 am

visionstar

11 Re: REGNIS(LANKA) PLC (REG.N0000) Thu Oct 11, 2012 12:46 pm

hettdas

12 Re: REGNIS(LANKA) PLC (REG.N0000) Thu Oct 11, 2012 1:57 pm

monash

13 Reg.Noooo future Wed May 13, 2020 1:27 am

dmtmadusanka

14 Re: REGNIS(LANKA) PLC (REG.N0000) Fri Jul 31, 2020 12:37 pm

Eranga87

15 Re: REGNIS(LANKA) PLC (REG.N0000) Fri Jul 31, 2020 6:59 pm

desh87

16 Re: REGNIS(LANKA) PLC (REG.N0000) Fri Jul 31, 2020 7:17 pm

Baba2020

17 Re: REGNIS(LANKA) PLC (REG.N0000) Fri Jul 31, 2020 7:34 pm

Eranga87

18 Re: REGNIS(LANKA) PLC (REG.N0000) Thu Sep 10, 2020 3:43 pm

desh87

19 Re: REGNIS(LANKA) PLC (REG.N0000) Thu Sep 10, 2020 3:45 pm

Win Win

20 Re: REGNIS(LANKA) PLC (REG.N0000) Thu Sep 10, 2020 5:28 pm

Eranga87

21 Re: REGNIS(LANKA) PLC (REG.N0000) Thu Sep 10, 2020 5:55 pm

pra4u

22 Re: REGNIS(LANKA) PLC (REG.N0000) Thu Sep 10, 2020 11:46 pm

KavinduTM

23 Re: REGNIS(LANKA) PLC (REG.N0000) Fri Sep 11, 2020 3:10 am

desh87

24 Re: REGNIS(LANKA) PLC (REG.N0000) Fri Sep 11, 2020 4:48 am

KavinduTM

25 Re: REGNIS(LANKA) PLC (REG.N0000) Fri Sep 11, 2020 7:14 am

desh87

26 Re: REGNIS(LANKA) PLC (REG.N0000)

Sponsored content

New topics