Valuations of GREG, BILL and TAP

hariesha · 1 Valuations of GREG, BILL and TAP Sun Nov 18, 2012 11:45 pm

hariesha

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Please refer the detail report in the Research Section.

http://research.srilankaequity.com/t585-bill-tap-and-greg-valuations#673

Summery
NAV PBV PE
----------------------
Browns Investments Plc 5.85 0.74 3.17
Tapprobane Holdings Plc 3.32 1.54 11.84
Environmental Resources Investments Plc 23.96 0.70 32.79

* As BILL and TAP has not released accounts since 31st March 2012, all analysis is based on data as of 31st
March 2012 for BILL and TAP.

* Gross deviations are likely in the ratios of TAP and BILL with September 2012 results.

Expect a detail analysis in the coming days.[img][/img]

sanju351 · 2 Re: Valuations of GREG, BILL and TAP Mon Nov 19, 2012 12:37 pm

sanju351

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hariesha wrote:Please refer the detail report in the Research Section.

http://research.srilankaequity.com/t585-bill-tap-and-greg-valuations#673

Summery
NAV PBV PE
----------------------
Browns Investments Plc 5.85 0.74 3.17
Tapprobane Holdings Plc 3.32 1.54 11.84
Environmental Resources Investments Plc 23.96 0.70 32.79

* As BILL and TAP has not released accounts since 31st March 2012, all analysis is based on data as of 31st
March 2012 for BILL and TAP.

* Gross deviations are likely in the ratios of TAP and BILL with September 2012 results.

Expect a detail analysis in the coming days.[img][/img]

Thank you ..

And in your vivew how about the future of GREG some brokers say it will be positive ..
Am not that expert in research ..kindly in brief let us know about the Future the way you think of GREG ..

smallville · 3 Re: Valuations of GREG, BILL and TAP Mon Nov 19, 2012 1:02 pm

smallville

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Good one Hari.. At least now we know what we're dealing with Wink

Future of GREG -> It would be interesting to see whether a new ownership is pending or the controlling power be another party or not. Further their usual kinda business, buying loss making companies could continue or now, if so which is next..

econ · 4 Re: Valuations of GREG, BILL and TAP Mon Nov 19, 2012 6:35 pm

econ

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why BIL is not moving even with the large crossings?? it seems that now no one going after any news

Redbulls · 5 Re: Valuations of GREG, BILL and TAP Mon Nov 19, 2012 6:50 pm

Redbulls

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econ wrote:why BIL is not moving even with the large crossings?? it seems that now no one going after any news

May be GREG paid premium price to secure couple of board of director posts.

Retailors need not to pay the premium no?

IMHO the BIL price will trend sideway for the time being even GREG.