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Piramal Glass Ceylon PLCGLAS.N0000:CSE

+8
besthope
mark
Slstock
keeper
Kithsiri
WSJ_LK
suddera
Mahawawtta
12 posters

Go down  Message [Page 1 of 1]

1Piramal Glass Ceylon PLCGLAS.N0000:CSE Empty Piramal Glass Ceylon PLCGLAS.N0000:CSE Mon Feb 03, 2014 12:38 pm

Mahawawtta


Manager - Equity Analytics
Manager - Equity Analytics

Is anybody study about GLAS.n if so can you all share with it with me. i am interated in this counter. they may expand the business i saw some job vacancies in Sunday paper.

market ft recommendation is to buy.

Return on assets 9.90%
Return on equity 20.54%
Return on investment 17.22%

i need some experts ideas about this counters future please.

suddera

suddera
Manager - Equity Analytics
Manager - Equity Analytics

my broker also recommended this to buy at 4.50 levels.
So I'm Waiting till it come down to that level.



Last edited by suddera on Mon Feb 03, 2014 1:54 pm; edited 1 time in total

WSJ_LK


Stock Trader

It is 4.70

suddera

suddera
Manager - Equity Analytics
Manager - Equity Analytics

WSJ_LK wrote:It is 4.70

Sorry It should be 4.50 . I corrected my post.

Kithsiri

Kithsiri
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Not a bad counter.
Unfortunately, this is not the Darling of the CSE (despite its performances).
But I had been flirting with her for quite some time and she gives me what I wanted despite even not being the Darling of the CSE.
Good Luck.  Very Happy 

Mahawawtta wrote:
Return on assets 9.90%
Return on equity 20.54%
Return on investment 17.22%

keeper

keeper
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

4.50 is better price to buy.But i sold @4.20,Last year..(Because it continuously moving down )It is a fundamental share in the market...,Now Huge demand set to around 4.50...When reach their dividend date it will touch 5.60-6.00,Keeping touch.

Kithsiri

Kithsiri
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

She is not the Darling on the floor
And she will never be either
Yet she gives stunning performances
She is cool and she is solid like GLASS
Why she is not the Darling, I do not care
She comes up with stunning performances
All the time, every time
That is that matters and that is all I care
I place my pennies on her
She returns with the results I want
That is what all I care now.

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

Ahh the poet in you...


Kithsiri wrote:She is not the Darling on the floor
And she will never be either
Yet she gives stunning performances
She is cool and she is solid like GLASS
Why she is not the Darling, I do not care
She comes up with stunning performances
All the time, every time
That is that matters and that is all I care
I place my pennies on her
She returns with the results I want
That is what all I care now.

mark

mark
Expert
Expert

another non performer you shouldnt hold.

10Piramal Glass Ceylon PLCGLAS.N0000:CSE Empty Re: Piramal Glass Ceylon PLCGLAS.N0000:CSE Mon Feb 03, 2014 6:58 pm

besthope


Manager - Equity Analytics
Manager - Equity Analytics

Kithsiri wrote:She is not the Darling on the floor
And she will never be either
Yet she gives stunning performances
She is cool and she is solid like GLASS
Why she is not the Darling, I do not care
She comes up with stunning performances
All the time, every time
That is that matters and that is all I care
I place my pennies on her
She returns with the results I want
That is what all I care now.

Our Kitty Sir, once upon a time bought some glass,
now thinking all the time, every day, alas alas,
wondering whether glass half empty or half full
not going down in bear or up in bull.

11Piramal Glass Ceylon PLCGLAS.N0000:CSE Empty Re: Piramal Glass Ceylon PLCGLAS.N0000:CSE Mon Feb 03, 2014 8:13 pm

Backstage

Backstage
Moderator
Moderator

besthope wrote:
Kithsiri wrote:She is not the Darling on the floor
And she will never be either
Yet she gives stunning performances
She is cool and she is solid like GLASS
Why she is not the Darling, I do not care
She comes up with stunning performances
All the time, every time
That is that matters and that is all I care
I place my pennies on her
She returns with the results I want
That is what all I care now.

Our Kitty Sir, once upon a time bought some glass,
now thinking all the time, every day, alas alas,
wondering whether glass half empty or half full
not going down in bear or up in bull.

 lol! 

12Piramal Glass Ceylon PLCGLAS.N0000:CSE Empty Re: Piramal Glass Ceylon PLCGLAS.N0000:CSE Tue Feb 04, 2014 1:38 am

Oracle797

Oracle797
Equity Analytic
Equity Analytic

Indian management and ownership...keep in mind..They can change the dividend policies or any other policies what ever they want..Not a bad stock..catering to every part of the glass industry..highly correlated to the customers' growth potential and economy of the country..

13Piramal Glass Ceylon PLCGLAS.N0000:CSE Empty Re: Piramal Glass Ceylon PLCGLAS.N0000:CSE Tue Feb 04, 2014 8:14 am

suja


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Guys this is trading at 12.8PE and 1.3 PBV as per my estimates. Please correct if I am wrong. This is a close to monopoly share as there is no one else in the country producing glass. So I like this share.

How ever the last 2 quarters have not been great and if the trend is that I would like to caution you. People who are not in this stock and not in trading please wait till you get the results.

14Piramal Glass Ceylon PLCGLAS.N0000:CSE Empty Re: Piramal Glass Ceylon PLCGLAS.N0000:CSE Wed Feb 05, 2014 6:27 am

pushpakumara


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

There was a sudden increase in quantities trade during last week or two. Not sure whether due to any upcoming news/ happening in the near future or just because of the current market trend and market price which is below true value.

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