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what about RICH Vote_lcap68%what about RICH Vote_rcap 68% [ 178 ]
what about RICH Vote_lcap18%what about RICH Vote_rcap 18% [ 47 ]
what about RICH Vote_lcap13%what about RICH Vote_rcap 13% [ 35 ]

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FINANCIAL CHRONICLE™ » වංශකථාව » what about RICH

what about RICH

+7
taniya1111
xhora
npc86
NEM
gayannadeeka
JennyFunny
udul
11 posters

Go down  Message [Page 1 of 1]

1what about RICH Empty what about RICH Tue May 31, 2011 7:42 pm

udul


Senior Equity Analytic
Senior Equity Analytic
RICH is it going up????

2what about RICH Empty Re: what about RICH Tue May 31, 2011 8:33 pm

JennyFunny


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
dono any ideas about 2morrow?

3what about RICH Empty Re: what about RICH Tue May 31, 2011 8:49 pm

gayannadeeka


Manager - Equity Analytics
Manager - Equity Analytics
Today closing price is Rs 13.00...... Tomorrow?????/// Very Happy or Shocked

http://nadeekacf@facebook.com

4what about RICH Empty Re: what about RICH Tue May 31, 2011 8:54 pm

NEM

NEM
Senior Equity Analytic
Senior Equity Analytic
Investors expected great results from RICH. But results for Q4 is not up to the expected level so people sold RICH and still selling. But probably RICH price may not go further down. I think RICH price will be stagnated between 12.90 - 13.10 for few weeks.

5what about RICH Empty Re: what about RICH Tue May 31, 2011 8:56 pm

npc86

npc86
Manager - Equity Analytics
Manager - Equity Analytics
@udul wrote:RICH is it going up????

It should start now..!
Wait and see...!
Smile

6what about RICH Empty Re: what about RICH Tue May 31, 2011 9:01 pm

xhora

xhora
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@NEM wrote:Investors expected great results from RICH. But results for Q4 is not up to the expected level so people sold RICH and still selling. But probably RICH price may not go further down. I think RICH price will be stagnated between 12.90 - 13.10 for few weeks.

Heavy resistance at 13. I don;t think it's deserve to be at that price. although results are not up to expectation they are nob bad at any count.

Strangely increasing prices of rubber is both RICH's strength and weakness. Because increased profits from rubber plantations and reduced profits from it's rubber products

7what about RICH Empty Re: what about RICH Tue May 31, 2011 9:38 pm

taniya1111


Manager - Equity Analytics
Manager - Equity Analytics
My prediction.....
RICH will reach Rs 25 before next February
reasons
* Plantation will make more profit in the coming year
* RICH super centers also performing well specially during April (1Q) and December (3Q)
* Other subsidiaries are also good contributors to profit
Objections are well come !

8what about RICH Empty Re: what about RICH Tue May 31, 2011 10:27 pm

xhora

xhora
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@taniya1111 wrote:My prediction.....
RICH will reach Rs 25 before next February
reasons
* Plantation will make more profit in the coming year
* RICH super centers also performing well specially during April (1Q) and December (3Q)
* Other subsidiaries are also good contributors to profit
Objections are well come !

There is no question about this passing 20 in the long run. But if this become stagnant around 13 for some time, I'm more concern with the opportunity cost involved in keeping a stagnant share for a long time.

9what about RICH Empty Re: what about RICH Wed Jun 01, 2011 3:50 am

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@NEM wrote:Investors expected great results from RICH. But results for Q4 is not up to the expected level so people sold RICH and still selling. But probably RICH price may not go further down. I think RICH price will be stagnated between 12.90 - 13.10 for few weeks.

I posted this after results.
http://forum.srilankaequity.com/t4111p40-rich-kgal-namu-prices-after-reports?highlight=rich


Agree .People who did not expect current RICH results started selling this driving price back to base Rs 13. Actually the whole group along with KGAL even with good results came down. Yesterday I saw some buyer coming back at Rs 13 after selling. If market is good it can go up to about RS14 maybe . But it depend on where the selling pressure is over.

Honestly RICH also being a blue chip deserves a bit more recognition after posting over 2 billion profit overall. Some short term traders will look at opportunity cost so there will be selling pressure as we see.

10what about RICH Empty Re: what about RICH Wed Jun 01, 2011 10:59 am

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics
at 12.90/= now

11what about RICH Empty Re: what about RICH Wed Jun 01, 2011 11:07 am

schacha


Manager - Equity Analytics
Manager - Equity Analytics
Basketball Don't worry this s CSE. There s nothing called INVESTMENTS here in CSE. Start gambling you will make money sure cheers

12what about RICH Empty Re: what about RICH Wed Jun 01, 2011 2:34 pm

mono

mono
Vice President - Equity Analytics
Vice President - Equity Analytics
You guys need to be a little careful. This coming season is monsoon. and it can adversely effect rubber tapping. So be careful with plantations now. Having said that rubber prices are supposed to go ballistic after AUG. So the future is definitely bright.

13what about RICH Empty Re: what about RICH Thu Jun 02, 2011 12:16 am

npc86

npc86
Manager - Equity Analytics
Manager - Equity Analytics
@Gaja wrote:at 12.90/= now

What do you think gaja,
Will further down after this level...? Smile

14what about RICH Empty Re: what about RICH Thu Jun 02, 2011 12:19 am

xhora

xhora
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
It once touched 12.9 weeks back but didn't go beyond that. Let's see what will happen tomorrow

15what about RICH Empty Re: what about RICH Thu Jun 02, 2011 12:35 am

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics
@npc86 wrote:
@Gaja wrote:at 12.90/= now

What do you think gaja,
Will further down after this level...? Smile


i am keeping this share for long term and will do the same in the future as well, what i noticed is every day at least 500,000 shares change hands

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