LCEM’S Future Depending On Its Financial Statements Results Not Mere On Financial Statements Release

DS Wijesinghe wrote:I can understand some experts getting dragged in to this debate but pardon me, I find it difficult to understand the necessity to predict very short term price movements which could encourage high speculators to trade and either make big money or make big losses. That is not prudent long term investing but gambling.

When Investing even in 100 shares of Lanka Cement  do it with the intention of keeping those shares for a minimum of 5 years. Nothing less.

You need to do a thorough check about the stock before you commit to buy a stock and Ask yourself

1.Do I like their product Cement and how can I keep myself aware of the cement industry from time to time, like the retail price increases, new factories, etc.. IF YOU PERSONALLY  DONT LIKE CEMENt AND HATE THE INDUSTRY DON’T TOUCH THE SHARE. Not even if experts recommend.

2. Check the financials for at least past 5 years on revenue, profitability, ROE, NAVPS, DPS. There should be a minimum of 10% growth year on year. If Lanka Cement fails at least in one area on these measurements FORGET LANKA CEMENT ALLTOGETHER. Let the speculators trade until the company is turned around or closed down. Keep your hard earned money out of companies like these.

No need to do anymore tests if the above 2 checks fail.

ruwan326 wrote:

DS Wijesinghe wrote:I can understand some experts...........That is not prudent long term investing but gambling.

When Investing even in 100 shares of Lanka Cement.......Nothing less.

No need to do anymore tests if the above 2 checks fail.

We always say do your own analysis before buying even a single share. Well only time will make you a better investor, till then you are a gambler  by the way I got only200 LCEM shares and I can wait 10 years 

Miss-Sangeetha wrote:                                                                                        2017                 2016

                                          Net Asset per share       (3.78)               (3.65)

                                           Earnings per share       (0.120)           (0.033)

https://cdn.cse.lk/cmt/upload_report_file/675_1522315698935.12.2017.pdf

Reactivation of K.K.S Cement factory is almost impossible due to environmental issues. Air pollution issue related to Sri Lanka’s prewar eras time period, very expensive smoke filter was considered that time and given up due to high cost issues, during that time cement factory was there with its sung cost.

Now ground water under Jaffna peninsula rapidly turns into salt water. Now government is applying stringent law on excavation and tube well drilling and spending on huge sum to safeguard the drinking water in Jaffna peninsula.

LCEM’S only hope is foreign deal story at broker firm’s backyard because foreign investors are ready to compensate any losses incurred by Sri Lankan companies in return for nothing. LCEM already participated in two short Marathon race on Indian Ambuja Cement takeover deal story earlier and tired now

After the LCEM Financial report release huge amount of LCEM was traded @4.70 on speculative drive, due to capital cost, soon most of them will turn as sellers, those LCEM holder are now active LCEM promoters until their good escape.

If any reason for LCEM upward trend please put forward