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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » LCEM’S Future Depending On Its Financial Statements Results Not Mere On Financial Statements Release

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

+6
CHANAKA PRASAD
sanjulanka
Ran49
EquityChamp
Eugine Fernando
Miss-Sangeetha
10 posters

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ruwan326


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

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.
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 Very Happy by the way I got only200 LCEM shares and I can wait 10 years  Basketball

DS Wijesinghe


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

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 Very Happy by the way I got only200 LCEM shares and I can wait 10 years  Basketball

Hi Ruwan, we should always encourage new investors to analyze numbers and other qualitative factors about the companies they invest, even if they are buying 100 shares.  And to invest for a minimum of 5 years.
We should not encourage them to speculate and gamble merely on some one’s speculative advice promising substantial short term price gains in a week of 2.

Speculative investing I believe is more for seasoned, experienced, well informed investors with vital info trickling in advance. It is certainly not advisable for young, inexperienced, new entrants to the market.

Just like there are so many steps for a long term investor to look at, before buying a stock, there are a few golden rules that speculators too should practice before buying a stock.

EquityChamp


Moderator
Moderator

The demand and supply forces have kept LCEM on 4.40 and it seems chances are very low to see it coming below 4.00.

Ran49


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

I think this can be move to 5.00 - 5.50 range... with the current Market condition.... we can see the the market RUN on next two weeks....

Miss-Sangeetha


Moderator
Moderator

                                                                                        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     



Last edited by Miss-Sangeetha on Fri Apr 06, 2018 9:07 am; edited 1 time in total

EquityChamp

EquityChamp
Moderator
Moderator

If the CSE going to keep with the historical trends this year too the market index should move by 200 or 300 points. In that case all good or bad stocks can move forward.

Miss-Sangeetha

Miss-Sangeetha
Moderator
Moderator

Desperate reason Neutral

DS Wijesinghe


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

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     

This is the type of company info. industry info. And market info. that will be vital for a genuine investor to form an understanding of LCEM before buying.

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