Piramal Glass Ceylon PLCGLAS.N0000:CSE

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

Mahawawtta

Manager - Equity Analytics

Posts : 209
Equity Stars : 4545
Reputation : 0
Join date : 2013-04-28

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 · 2 Re: Piramal Glass Ceylon PLCGLAS.N0000:CSE Mon Feb 03, 2014 1:00 pm

suddera

Manager - Equity Analytics

Posts : 188
Equity Stars : 5002
Reputation : 3
Join date : 2011-07-17

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 · 3 Re: Piramal Glass Ceylon PLCGLAS.N0000:CSE Mon Feb 03, 2014 1:06 pm

WSJ_LK

Stock Trader

Posts : 6
Equity Stars : 3905
Reputation : 0
Join date : 2013-11-25

It is 4.70

suddera · 4 Re: Piramal Glass Ceylon PLCGLAS.N0000:CSE Mon Feb 03, 2014 1:57 pm

suddera

Manager - Equity Analytics

Posts : 188
Equity Stars : 5002
Reputation : 3
Join date : 2011-07-17

WSJ_LK wrote:It is 4.70

Sorry It should be 4.50 . I corrected my post.

Kithsiri · 5 Re: Piramal Glass Ceylon PLCGLAS.N0000:CSE Mon Feb 03, 2014 2:07 pm

Kithsiri

Senior Vice President - Equity Analytics

Posts : 1758
Equity Stars : 7169
Reputation : 132
Join date : 2011-03-25
Age : 66
Location : රජ්ගම

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 · 6 Re: Piramal Glass Ceylon PLCGLAS.N0000:CSE Mon Feb 03, 2014 5:45 pm

keeper

Assistant Vice President - Equity Analytics

Posts : 782
Equity Stars : 5510
Reputation : 21
Join date : 2013-02-16
Location : Lord's Cricket Ground

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 · 7 Re: Piramal Glass Ceylon PLCGLAS.N0000:CSE Mon Feb 03, 2014 6:22 pm

Kithsiri

Senior Vice President - Equity Analytics

Posts : 1758
Equity Stars : 7169
Reputation : 132
Join date : 2011-03-25
Age : 66
Location : රජ්ගම

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 · 8 Re: Piramal Glass Ceylon PLCGLAS.N0000:CSE Mon Feb 03, 2014 6:27 pm

Slstock

Director - Equity Analytics

Posts : 6610
Equity Stars : 13454
Reputation : 1158
Join date : 2011-01-22

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 · 9 Re: Piramal Glass Ceylon PLCGLAS.N0000:CSE Mon Feb 03, 2014 6:45 pm

mark

Expert

Posts : 2677
Equity Stars : 9830
Reputation : 423
Join date : 2011-02-04
Age : 33
Location : Hell....

another non performer you shouldnt hold.

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

besthope

Manager - Equity Analytics

Posts : 100
Equity Stars : 5663
Reputation : 0
Join date : 2012-02-20

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.

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

Backstage

Moderator

Posts : 677
Equity Stars : 5640
Reputation : 28
Join date : 2011-04-14
Location : Kotte

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.

Oracle797 · 12 Re: Piramal Glass Ceylon PLCGLAS.N0000:CSE Tue Feb 04, 2014 1:38 am

Oracle797

Equity Analytic

Posts : 40
Equity Stars : 4195
Reputation : 0
Join date : 2013-03-12

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..

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

suja

Senior Manager - Equity Analytics

Posts : 338
Equity Stars : 5292
Reputation : 14
Join date : 2011-01-27

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.

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

pushpakumara

Senior Manager - Equity Analytics

Posts : 312
Equity Stars : 5180
Reputation : 8
Join date : 2011-04-13

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.