CRL - future expectation

Eng Krishantha · 1 CRL - future expectation Thu Aug 18, 2016 12:36 pm

Eng Krishantha

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Hi EC,

I have bought CRL around 42 to 43 level base on First Capital research paper, can i have your thoughts on this, whether CRL having good future or what??

Your kind attention is highly appreciated.

First Capital research paper

https://we.tl/5ElOXlTA5a

Thank you.

cheers

EquityChamp · 2 Re: CRL - future expectation Sat Aug 20, 2016 10:39 pm

EquityChamp

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EK, this is a valuable counter. The stock is trading below the NAV with a PE of 6.2x. Trading at an attractive discount to the industry and market. Furthermore they have achieved a YoY growth in earnings of 64% amidst the challenging environment for finance business. No need to be afraid. Now you have invested and what is left is to allow some time for your investment to grow. It surly will within another couple of quarters. By then if you remember that I said this today you can put a post mentioning your feelings.

Thanks and GL.

Eng Krishantha · 3 Re: CRL - future expectation Sat Aug 20, 2016 11:25 pm

Eng Krishantha

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EquityChamp wrote:EK, this is a valuable counter. The stock is trading below the NAV with a PE of 6.2x. Trading at an attractive discount to the industry and market. Furthermore they have achieved a YoY growth in earnings of 64% amidst the challenging environment for finance business. No need to be afraid. Now you have invested and what is left is to allow some time for your investment to grow. It surly will within another couple of quarters. By then if you remember that I said this today you can put a post mentioning your feelings.

Thanks and GL.

Thank you very much EC..