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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » RENU Current Market Value more than 1000.00 Rupees.

RENU Current Market Value more than 1000.00 Rupees.

+10
nis2010
Ok One
soileconomy
MLCR80
anu
Antonym
kashyapa89
Beta1
Jana
Gainer
14 posters

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nis2010


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

now promoters don't talk about renu. it came down around 370

DANIDU


Manager - Equity Analytics
Manager - Equity Analytics

Dear Gainer, Jana and all,

Please tell us about the RENU now, is it good to buy some quantities at this price or wait for another week? 

Thank you for advice.

vic19


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Kashyapa89,

according to your post your must have bought over
20,000 renu at 380 to 400 levels.

Are you allright with the present price drop.

Please play it safe.

Don't go by the articles and promoters , even though the stock is good it has been in this price levels for a very long time.

Just play it safe as this stock is highly price stock.

Thanks

DANIDU


Manager - Equity Analytics
Manager - Equity Analytics

Can someone tell, the real value of RENU at the moment ? (not promoter's value please)

Gainer


Associate Director - Equity Analytics
Associate Director - Equity Analytics

RENU is valuable company and market when will ok it will move up

Now in this market condition even JKH , COMB also coming down not only RENU.

Jana

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

DANIDU wrote:Dear Gainer, Jana and all,

Please tell us about the RENU now, is it good to buy some quantities at this price or wait for another week? 

Thank you for advice.

really RENU is good stock compare with their cash value and stock value.. but the fact is this company never look after their share holders ...

any how if we see some one very interest to collect this last few weeks .. they already collect more than 130 000 shares from the market ..

small selling was there thats why they are waiting to collect more in low price..

6/= dividend announced by the company so I feel after the dividend date they will push this one

so if you can buy under 360/= then no doubt this is good to buy ...

TKS


Equity Analytic
Equity Analytic

RENU will be the next NEST/CTC in CSE

TKS


Equity Analytic
Equity Analytic

REMINDER

vic19

vic19
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

TKS wrote:RENU will be the next NEST/CTC in CSE

Hi @ TKS I beg to differ at you comments , because of the following reason;

if you observe the  present structure of main share holders of the Nestle and Ceylon Tobacco , many are overseas companies. there for the board of directors of these companies has to offer them returns by way of high frequent dividend and capital appreciation by limiting the number of share in issue.

BUT if see the RENU , that is all Renuka group of companies in the top 20 share holders and they don't need to distribute their wealth to the so called other share holders "out siders" and they are very happy as it is to internally expand within them self and keep all the wealth among them self or within the group.

so this is why it will stagnate at these price levels till some drastic change in the RENU top management takes place , which is very unlikely.

this is my very personal view but I may be wrong.
 rendeer santa rendeer .

DANIDU


Manager - Equity Analytics
Manager - Equity Analytics

vic19 wrote:
TKS wrote:RENU will be the next NEST/CTC in CSE

Hi @ TKS I beg to differ at you comments , because of the following reason;

if you observe the  present structure of main share holders of the Nestle and Ceylon Tobacco , many are overseas companies. there for the board of directors of these companies has to offer them returns by way of high frequent dividend and capital appreciation by limiting the number of share in issue.

BUT if see the RENU , that is all Renuka group of companies in the top 20 share holders and they don't need to distribute their wealth to the so called other share holders "out siders" and they are very happy as it is to internally expand within them self and keep all the wealth among them self or within the group.

so this is why it will stagnate at these price levels till some drastic change in the RENU top management takes place , which is very unlikely.

this is my very personal view but I may be wrong.
 rendeer santa rendeer .
Thanks vic19 for the nice explanation for the forum members.  santa

Mubin Mustafa


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

Dear Vic 19 i appreciate your comment.thanks

TKS


Equity Analytic
Equity Analytic

WHAT YOU SAY IS VERY TRUE. BUT WAIT AND SEE WHAT WILL HAPPEN WITH THE START OF NEW YEAR IF YOU ALREADY HAVE SHARES. BELIEVE ME THERE WILL BE NO SELLERS WHEN THE EXPECTED ANNOUNCEMENT COMES TO THE MARKET

HAPPY HAPPY HAPPY TRADING !!

TKS


Equity Analytic
Equity Analytic

TKS wrote:WHAT YOU SAY IS VERY TRUE. BUT WAIT AND SEE WHAT WILL HAPPEN WITH THE START OF NEW YEAR IF YOU ALREADY HAVE SHARES. BELIEVE ME THERE WILL BE NO SELLERS WHEN THE EXPECTED ANNOUNCEMENT COMES TO THE MARKET

HAPPY HAPPY HAPPY TRADING !!

As I said earlier It is becoming hot & hot.. Believe me this will be the next gem after AUTO,OFEQ & CPRT

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