Carrying value (110,667)
Expected Equity 2,397,188
NAPS (Expected) 82.66
so from this info. we can certain that they will go to at least around 70 to 80
with in very shot time. wt u guyz think. does any body think that this is now going becuz of any other reason. make sure it is a loss making company an only indicator will be NET assets, can any body remember wt happen to the Ascot after its revaluation. it went from 9 to 70 after the revaluaton.
correct me if i am wrong.
and think and do the trading not a bye or sell comment. just the info according to caculation.
no plant...ation trading below net assets value other than the maskeliya.it is also with .94 ratio.
this is wt their last statment says.
The Carrying Value of Fuel wood (Timber) Plantations which reflects as Rs. 110.667 Mn.as at 30th September 2010,
have been revalued by an independent Qualified Valuer and the revaluation has not yet been ...incorporated into the
Financial Statements. The revalued amount is Rs.2,261,054,393/=
caculate the revaluation surplus.
According to quarterly reports, the valuation comes around 82.60
If we take average figures based on 100% tea plantation companies, it comes around 83.10 which was based on BOPL, MADU,MASKELIYA,TKELLE Price to book
this is copyed from another post. thank u mktsentiment. CAN ANY member analyse this for us further. this seems to be a risk free investment for at least 80 gain,
this is the q rsults of last q and it clearly says that they hv revalued it for 2.1 b.