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marketsee wrote:LCEY going to run again like yesterday.buyers are increasing l
UKboy wrote:marketsee wrote:LCEY going to run again like yesterday.buyers are increasing l
This is still undervalued share but I'm more interested to see is there any of the directors buying LCEY at current prices..
UKboy wrote:marketsee wrote:LCEY going to run again like yesterday.buyers are increasing l
This is still undervalued share but I'm more interested to see is there any of the directors buying LCEY at current prices..
seyon wrote:UKboy wrote:marketsee wrote:LCEY going to run again like yesterday.buyers are increasing l
This is still undervalued share but I'm more interested to see is there any of the directors buying LCEY at current prices..
Yes uk boy as u said still is undervalued counter.. on 28.04.2011 Anushman Rajaratnam bought around 20,000 share in the range of 520-525. Hence we can expect good performance in last quarter too..
http://www.cse.lk/cmt/upload_cse_announcements/9121304510737_.pdf
Happy Trading
seyon wrote:UKboy wrote:marketsee wrote:LCEY going to run again like yesterday.buyers are increasing l
This is still undervalued share but I'm more interested to see is there any of the directors buying LCEY at current prices..
Yes this is attractive undervalued counter, everyone looking the last quarter results, which is expected to be very attractive...
Look at the quarter performance ( Group)
EPS & NAV
Quarter-----------2010/11---------- 2009/10-------- NAV
1st quarter-------- 6.24------------- 2.70--------- 89.51
2nd quarter --------3.04---------- --(2.52)------- 92.55
3rd Quarter--------23.63------------12.99-------- 110.00
4the Quarter-------???-------------- 6.72--------- ????
Based on the previous trend of EPS, the last quarter EPS of the current year expected to be in the range of Rs.12 ( expecting halve of the 3rd quarter). Therefore expected EPS for the year would be around in the range of 40-45... and trading PE @ 12 ( as per the today price)
Hence still the price is very much attractive us to hold based on current PE...... Since shares is illiquid 24mn shares ( top 20 representing about 20.8Mn as per last quarter).. there would be high possibility the company to go for split....
Happy Trading...
seyon wrote:
Can we expect share split or capitalization reserve from LCEY with releasing the quarter financial...
UKboy wrote:
Aha.. This will be one of the most interesting share to watch in coming weeks....
If there was director's buying means there will be a director's dispose in coming weeks.
seyon wrote:UKboy wrote:marketsee wrote:LCEY going to run again like yesterday.buyers are increasing l
This is still undervalued share but I'm more interested to see is there any of the directors buying LCEY at current prices..
Yes this is attractive undervalued counter, everyone looking the last quarter results, which is expected to be very attractive...
Look at the quarter performance ( Group)
EPS & NAV
Quarter-----------2010/11---------- 2009/10-------- NAV
1st quarter-------- 6.24------------- 2.70--------- 89.51
2nd quarter --------3.04---------- --(2.52)------- 92.55
3rd Quarter--------23.63------------12.99-------- 110.00
4the Quarter-------???-------------- 6.72--------- ????
Based on the previous trend of EPS, the last quarter EPS of the current year expected to be in the range of Rs.12 ( expecting halve of the 3rd quarter). Therefore expected EPS for the year would be around in the range of 40-45... and trading PE @ 12 ( as per the today price)
Hence still the price is very much attractive us to hold based on current PE...... Since shares is illiquid 24mn shares ( top 20 representing about 20.8Mn as per last quarter).. there would be high possibility the company to go for split....
Happy Trading...
seyon wrote:seyon wrote:UKboy wrote:marketsee wrote:LCEY going to run again like yesterday.buyers are increasing l
This is still undervalued share but I'm more interested to see is there any of the directors buying LCEY at current prices..
Yes this is attractive undervalued counter, everyone looking the last quarter results, which is expected to be very attractive...
Look at the quarter performance ( Group)
EPS & NAV
Quarter-----------2010/11---------- 2009/10-------- NAV
1st quarter-------- 6.24------------- 2.70--------- 89.51
2nd quarter --------3.04---------- --(2.52)------- 92.55
3rd Quarter--------23.63------------12.99-------- 110.00
4the Quarter-------???-------------- 6.72--------- ????
Based on the previous trend of EPS, the last quarter EPS of the current year expected to be in the range of Rs.12 ( expecting halve of the 3rd quarter). Therefore expected EPS for the year would be around in the range of 40-45... and trading PE @ 12 ( as per the today price)
Hence still the price is very much attractive us to hold based on current PE...... Since shares is illiquid 24mn shares ( top 20 representing about 20.8Mn as per last quarter).. there would be high possibility the company to go for split....
Happy Trading...
What has happened to LCEY, though the group produced the very attractive results. price is coming down
Look at the results
Total Net profit 1,736,929,000 even if u take out the other income 219,277,000, still is very much attractive producing 1.5bn
EPS =37.82 PE is trading at (500/37.82) just 13x, NAV/ share Rs.122
Before the results announcement, shares went up to Rs.580, after the attractive results, share price coming down. Funny CSE........
chamith wrote:In CSE, people get to know the profit for the coming Q going to be good through insider information. Therefore people buy expecting to dump when they release the financial reports. Thats what happen to all the counters these days.
seyon wrote:What is ur prediction on this quarter results
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