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RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)

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salt


Vice President - Equity Analytics
Vice President - Equity Analytics

why? any reason for it?

traderathome


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

nothing so far shining in my PF other than TPL,KOTA & AGAL

Very Happy

CSE.SEE


Manager - Equity Analytics
Manager - Equity Analytics

Having the only Salt refining plant in Sri Lanka using Krebs Swiss Salex Technology, Wayamba Salterns is geared to meet Table Salt needs of the country when adequate raw material - Crystal Salt is available.

CSE.SEE


Manager - Equity Analytics
Manager - Equity Analytics

The Kingdom of Raigam will complete the construction of its Rs. 1 b saltern in Kuchaveli next year, Raigam Group Chairman Dr. Ravi Liyanage said at the launch of its rice noodles Devani Batha on Wednesday. He said that around 60 percent of the work on the project has been completed and added that the saltern will be commissioned as scheduled in 2014.

Dr Ravi Liyanage

Work on the 1,800-acre saltern in the East commenced in 2011 to provide jobs to over 1,500 people in the area. “Constructing a saltern is a cumbersome process. The inclement weather during the past two months hindered work on the project,” Dr. Liyanage said.

Sri Lanka yet imports a substantial quantity of salt a year draining out foreign exchange from the country. Raigam re-awakened the salt industry in Sri Lanka by setting up salterns in Hambantota and Puttalam which helped reduce the import of salt to around 7,000 mt in 2011.

The country's annual requirement of salt is around 50,000 mt.

“We are confident that Sri Lanka will be able to export salt in the near future,” Dr. Liyanage said.

Raigam launched the manufacture of rice noodles at its plant in Homagama with an investment of Rs. 300 m to change the consumption pattern in Sri Lanka. The state-of-the-art factory has a capacity to manufacture 5,000 mt of noodles a year and double the capacity next year.

Devani Batha was introduced to the market in three flavours white, rose and red kekulu flour. Sri Lanka's current rice production is about 4.8 million mt a year and the industry sustains around 880,000 farmer families.

Dr. Liyanage said that by consuming rice-based products the country could save a staggering amount of foreign exchange on import of wheat flour each year. By consuming rice-flour noodles instead of wheat-flour noodles the country could save around Rs. 925 million a year on import of wheat flour.

“Sri Lanka takes pride in being self-sufficient in rice but the irony is that it still imports a large quantity of wheat flour spending a colossal sum each year. Promoting the consumption of rice and rice-based products should take place at grass-roots level,” Dr. Liyanage said.

Sri Lanka spend around 20 percent of its foreign exchange on import of food. Milk powder, sugar, canned fish and dry fish is yet imported in large quantities.

http://www.sundayobserver.lk/2013/02/03/fin04.asp

The Alchemist


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

salt wrote:why? any reason for it?

I just see the funny side to this !
salt vs salt !

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics


Salt against salt :-)


The Alchemist wrote:
salt wrote:why? any reason for it?

I just see the funny side to this !
salt vs salt !

salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics

slstock wrote:
Salt against salt :-)


The Alchemist wrote:
salt wrote:why? any reason for it?

I just see the funny side to this !
salt vs salt !

like it Smile
look at the story above. it is RWSL or Kingdom of Raigam. Listed company is RWSL

rainmaker


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

Is this a listed company investment or a private company investment?

salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics

listed company is small - has no capacity such investment
It has total of 875 million in total assets

rainmaker


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

Yes that's what I was thinking

The salterns require near drought like conditions with low tidal activity. Not many places around here. Good luck to them if they can pull it off

61RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) - Page 3 Empty RWSL- any news Fri Feb 07, 2014 8:50 pm

Hanoifortune

Hanoifortune
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Is it time to enter RWSL?

KDDND

KDDND
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

i think just one director a lot or two 20cents above....
is there any real reason behind it?????

keeper

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

Steady share in the market....,Boring one....Wena ewa nathuwatada?

dhanurrox


Vice President - Equity Analytics
Vice President - Equity Analytics

When penny's go one by one everyone will join, RWSL waits then what happens market falls so as penny's,so RWSL remains same.
Conclusion: I think there's no active player behind this.

KDDND

KDDND
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

more SALT is not good for health....!!!

Hanoifortune

Hanoifortune
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

chairman buys more shares increasing his stakes

malanp


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Hanoifortune wrote:chairman buys more shares increasing his stakes

He buys because nobody else to buy, otherwise it will fall below Rs.2..

Leon


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

Hanoifortune wrote:Is it time to enter RWSL?

You tempted with the director;s buying?? May be he wanted exactly that.

Hanoifortune

Hanoifortune
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

If you do not know, Do not write rubbish. pls check when he bought last. There are thousands of transaction every season. Now all the fundamentals have improved.


malanp wrote:
Hanoifortune wrote:chairman buys more shares increasing his stakes

He buys because nobody else to buy, otherwise it will fall below Rs.2..

malanp


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Hanoifortune wrote:If you do not know, Do not write rubbish. pls check when he bought last. There are thousands of transaction every season. Now all the fundamentals have improved.


malanp wrote:
Hanoifortune wrote:chairman buys more shares increasing his stakes

He buys because nobody else to buy, otherwise it will fall below Rs.2..


very strange, it seems you know everything about the company, then why you want to know more from others by opening a topic??
so tell us we should buy or not..
and You can offload now..

Hanoifortune

Hanoifortune
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics


I have nothing to off load. It is a solid share. Market will prove sooner .Pls see below opening and closing prices for last few season

3.10/2.60
2.90/3
3.20/2.50
2.60/2.20
2.20/2.40
2.40/2.30
2.20/2.20


malanp wrote:
Hanoifortune wrote:If you do not know, Do not write rubbish. pls check when he bought last. There are thousands of transaction every season. Now all the fundamentals have improved.


malanp wrote:
Hanoifortune wrote:chairman buys more shares increasing his stakes

He buys because nobody else to buy, otherwise it will fall below Rs.2..


Yes ,You can offload now..

malanp


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics


Do you call it a great share with an IPO price of 3 and trading at 2.20 after 5 years?????

can you tell us what other great shares in your mind???

Hanoifortune

Hanoifortune
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Again you do not know what you are writing. pls see below from dec10 to dec13 low and high prices. People whole bought at ipos would have already made their buck.

3.70/4.70
4/5.10
4.20/5.40
4/5.30
3.70/4.70
2.90/4.40
2.20/3.10
2.50/3.70
2.30/3.30
2.20/2.90
2.10/2.70
1.90/2.50
2.10/2.40
 study  study  study 


malanp wrote:
Do you call it a great share with an IPO price of 3 and trading at 2.20 after 5 years?????

can you tell us what other great shares in your mind???

malanp


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

I thought you know nothing about this company, and asking advise from forum people to buy or not, that is why I replied in negative way..seems to me you have a good idea about RWSL, so you are in a position to advise others to buy or not.

then tell me why you opened this topic by just asking others is it the time to enter????

You want to enter or you want others to enter????

tell me what is your motive??? you want some advise on RWSL or you want others to buy this share????


Hanoifortune wrote:Again you do not know what you are writing. pls see below from dec10 to dec13 low and high prices. People whole bought at ipos would have already made their buck.

3.70/4.70
4/5.10
4.20/5.40
4/5.30
3.70/4.70
2.90/4.40
2.20/3.10
2.50/3.70
2.30/3.30
2.20/2.90
2.10/2.70
1.90/2.50
2.10/2.40
 study  study  study 


malanp wrote:
Do you call it a great share with an IPO price of 3 and trading at 2.20 after 5 years?????

can you tell us what other great shares in your mind???

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Hani, first you start a thread and ask whether its time to enter? So u wanted the opinion of the forum.. Then u go on and tell us how great the share is by looking at director buying when it has also been inconsistent.
Looking at Director dealings, after June 2012, in Feb 2013, another bought in could be seen.. So its infrequent.

EPS is on a declining trend, NAV 2.9 but No dividends after 2011.
EPF Holds 9.9% (28.1 Mil) shares.
Div yield(5 year avg) - 0.52%
http://markets.ft.com/research/Markets/Tearsheets/Financials?s=RWSL.N0000:CSE

See the financial summary for 5yrs;

RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) - Page 3 Rwsl_510

We can see earning improved in 2013 but when EPS is considere, where's the growth? This is worth for the NAV but not much growth as expected considering the last 5 years..

kalum


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

smallville wrote:Hani, first you start a thread and ask whether its time to enter? So u wanted the opinion of the forum.. Then u go on and tell us how great the share is by looking at director buying when it has also been inconsistent.
Looking at Director dealings, after June 2012, in Feb 2013, another bought in could be seen.. So its infrequent.

EPS is on a declining trend, NAV 2.9 but No dividends after 2011.
EPF Holds 9.9% (28.1 Mil) shares.
Div yield(5 year avg) - 0.52%
http://markets.ft.com/research/Markets/Tearsheets/Financials?s=RWSL.N0000:CSE

See the financial summary for 5yrs;

RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) - Page 3 Rwsl_510

We can see earning improved in 2013 but when EPS is considere, where's the growth? This is worth for the NAV but not much growth as expected considering the last 5 years..

Thanks small for details. It's logical as always. Smile

RWSL is one of my base shares as well. I'm not sure if im in correct view, but not only directors collecting it. It's been collected by someone/group time to time.
may be not collected. may be it's traded.
It is a one share that has potential to gave the effect what SEMB did recently. it is worth per nav/eps basics. current prices are encouraging. but yes, its improvement is not satisfied. EPS hopes good return in future, so do I. malan, it's ipo price is 2.50 as i rem, I have invested in the IPO and it was a one good IPO at that time. just my view.



Hanoifortune

Hanoifortune
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Now Rwsl has completed their new slatterns. When out put increases so as sales and profit. Yes, chairman last bought in June 12 then price was 2/20 and later it was shot up to 3/70.Now he is buying again and there is a opportunity price to move higher. Pls see below how weekly closing prices have slither higher for last 14 few weeks. There are 290 listed companies ,you may buy any. But important is how much you can make .

2.30
2.30
2.30
2.30
2.30
2.20
2.20
2.20
2.20
2.20
2.20
2.20
2.10
2.10

malanp


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics


Hanoi

you are right, you are right, we all should buy RWSL now from tomorrow,,,.. because its chairman bought yesterday.
we can make millions...

Tell me how many shares your broker house planning to offload???

KDDND

KDDND
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

EPS declining during the last three years....
in my memory this counter loitering around 2.10-2.4
without even notice...!

Any there any inside infor.....?
is there any planned trading game in coming days..??
 Rolling Eyes 

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Hanoifortune wrote:But important is how much you can make .


Exactly.. how much ur expecting? Cuz those price changes from 2 - 2.50 doesnt say anything... If we see this collected between the same range for another few wks, we can some action is about to happen. Smile 

Ok I'll give u another point technically;

RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000) - Page 3 Rwsl10

Historically, Stochastic chart  shown when this share reaches 80 mark, there goes a price fall...

I feel this is better to catch either if this breaks 2.60 or when stochastic fall to 20s.

Also, you can be the greater fool following the director.. Who knows he may be thinking of taking this to 4 again.. Wink

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