CSE has presented us a similar opportunities now, shall we discuss great companies trading at discounted prices. This will help many members. For the time being shall we omit plantations due to inherent nature of trading at discounted prices at CSE. I will start with the following two stocks:
Renuka Holding Non voting-
A good diversified holding Company with a very long history in Sri Lanka
Book Value- Rs. 41.71
Price - 22-23
Trading at 50% of the Book Value
Leading EPS- Rs.9.00
Leading PE-2.4 times
Ceylinco Insurance -Non voting
The largest listed insurance Company
Book Value- Rs. 376
Price - 312-320
Trading at 80% of the Book Value
Leading Min EPS- Rs.50.00
Leading PE-6 times
Members lets generously contribute....