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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » ROYAL CERAMICS LANKA FURTHER PRICE DROP (RCL.N0000) – Expected Price Rs 70 - 80

ROYAL CERAMICS LANKA FURTHER PRICE DROP (RCL.N0000) – Expected Price Rs 70 - 80

4 posters

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Richard_Branson


Stock Trader

Dear all my viewers,


I already published 2 articles Nov 8th and Nov 17th before the budget. If anyone missing those, below is the links for your reference.



http://forum.srilankaequity.com/t47806-share-price-down-royal-ceramics-lanka-plcrcl-n0000?highlight=Royal+ceramic


http://forum.srilankaequity.com/t48017-royal-ceramics-lanka-plcrcl-n0000-share-further-goes-down?highlight=Royal+ceramic


Even though I’m foreigner, in my articles I clearly highlighted this price drop in advance. Many people personally inbox me and thank for early announcement.
But unfortunately, few of our experts they did not believe, what I was telling. But no one has doubt now. This 2016 budget clearly shows us, government has release the import tax for tile sector. 



Government wants destroy this Tile sector monopoly from Dammika Perera. Below article will help you understand further.


http://www.economynext.com/Sri_Lanka_tile_monopoly_hit_by_loss_of_import_tariff_protection-3-3574.html


Sri Lanka has removed import tariff protection for highly profitable domestic ceramic tile manufacturers, an effective monopoly controlled by the Royal Ceramics group, according to the government’s 2016 budget and analysts.


This RCL share will further down till LKR 70  - 80 before the end of February 2016.



My advice is, think wisely do proper environment analysis and select your portfolio.



Financial statements represents only 35 % share price movements up or down. Other factors are environment analysis.
The real example is this RCL.N0000 share price drop. They are financial reports show significant values. But end of the day still share price drops.


Think..!!


Thank you.

EquityChamp

EquityChamp
Moderator
Moderator

Richard_Branson wrote:Dear all my viewers,


I already published 2 articles Nov 8th and Nov 17th before the budget. If anyone missing those, below is the links for your reference.



http://forum.srilankaequity.com/t47806-share-price-down-royal-ceramics-lanka-plcrcl-n0000?highlight=Royal+ceramic


http://forum.srilankaequity.com/t48017-royal-ceramics-lanka-plcrcl-n0000-share-further-goes-down?highlight=Royal+ceramic


Even though I’m foreigner, in my articles I clearly highlighted this price drop in advance. Many people personally inbox me and thank for early announcement.
But unfortunately, few of our experts they did not believe, what I was telling. But no one has doubt now. This 2016 budget clearly shows us, government has release the import tax for tile sector. 



Government wants destroy this Tile sector monopoly from Dammika Perera. Below article will help you understand further.


http://www.economynext.com/Sri_Lanka_tile_monopoly_hit_by_loss_of_import_tariff_protection-3-3574.html


Sri Lanka has removed import tariff protection for highly profitable domestic ceramic tile manufacturers, an effective monopoly controlled by the Royal Ceramics group, according to the government’s 2016 budget and analysts.


This RCL share will further down till LKR 70  - 80 before the end of February 2016.



My advice is, think wisely do proper environment analysis and select your portfolio.



Financial statements represents only 35 % share price movements up or down. Other factors are environment analysis.
The real example is this RCL.N0000 share price drop. They are financial reports show significant values. But end of the day still share price drops.


Think..!!


Thank you.

Correct. 1/3rd of the share price movement is explained by financials and the rest bigger part is by macro environmental factors. Cool

chamil1


Manager - Equity Analytics
Manager - Equity Analytics

Richard_Branson wrote:Dear all my viewers,


I already published 2 articles Nov 8th and Nov 17th before the budget. If anyone missing those, below is the links for your reference.



http://forum.srilankaequity.com/t47806-share-price-down-royal-ceramics-lanka-plcrcl-n0000?highlight=Royal+ceramic


http://forum.srilankaequity.com/t48017-royal-ceramics-lanka-plcrcl-n0000-share-further-goes-down?highlight=Royal+ceramic


Even though I’m foreigner, in my articles I clearly highlighted this price drop in advance. Many people personally inbox me and thank for early announcement.
But unfortunately, few of our experts they did not believe, what I was telling. But no one has doubt now. This 2016 budget clearly shows us, government has release the import tax for tile sector. 



Government wants destroy this Tile sector monopoly from Dammika Perera. Below article will help you understand further.


http://www.economynext.com/Sri_Lanka_tile_monopoly_hit_by_loss_of_import_tariff_protection-3-3574.html


Sri Lanka has removed import tariff protection for highly profitable domestic ceramic tile manufacturers, an effective monopoly controlled by the Royal Ceramics group, according to the government’s 2016 budget and analysts.


This RCL share will further down till LKR 70  - 80 before the end of February 2016.



My advice is, think wisely do proper environment analysis and select your portfolio.



Financial statements represents only 35 % share price movements up or down. Other factors are environment analysis.
The real example is this RCL.N0000 share price drop. They are financial reports show significant values. But end of the day still share price drops.


Think..!!


Thank you.

Don't talk rubbish !

peacockman


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

Good momentum to Guys those who are expecting to build their own Houses....  

Very Happy

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