FLCH , What do you think ?

NEM · 1 FLCH , What do you think ? Thu Jun 23, 2011 6:48 pm

NEM

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FLCH a plantation rich share is currently trading at 4.40. IPO price was Rs 5.00 and Private placement price was Rs 4.70. NAV is Rs 4.61. PE ratio is 9.5. It may go down to 4.30 tomorrow. Looking at above stats of FLCH it is unusual to be traded at current price even though this is a plantation rich share. Is this a result of forced selling ? Like to know your idea on this matter.

ashlee · 2 Re: FLCH , What do you think ? Thu Jun 23, 2011 7:28 pm

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What makes you think it may go down to 4.30 tomorrow? If it does by any chance, I am gonna sell all my belongings to buy FLCH.. Smile

NEM · 3 Re: FLCH , What do you think ? Thu Jun 23, 2011 7:36 pm

NEM

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I had a look at the order book...and it is possible to drop the price to Rs4.30. But not 100% sure. i just assumed. that is why i used "it may go down"

ashlee · 4 Re: FLCH , What do you think ? Thu Jun 23, 2011 7:42 pm

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Ok I asked for the reason why you think it MAY go down.."MAY" too should have a reason ait?? Anyways we will wait and see.. Hope FLCH will reflect its true potential soon.

Prince · 5 Re: FLCH , What do you think ? Thu Jun 23, 2011 7:48 pm

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Reason for FLCH ' s down trend is that their directors were so hurry to sell their holdings.

According to the rumors I heard here and there , the big amount they showed in their reports under TIMBER has some kind of a problem.

You know there are so many interpretations for TIMBER such as trees , baby plants , trees with no commercial value , "Dead Trees".

bmi · 6 Re: FLCH , What do you think ? Thu Jun 23, 2011 7:57 pm

bmi

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Dear Prince could you Please let me know FLCH's main objectives

Prince · 7 Re: FLCH , What do you think ? Thu Jun 23, 2011 8:01 pm

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Free Lanka Capital Holdings Limited engages in the plantation of tea,
rubber, coconut, and spices in Sri Lanka. Its plantations consist of 43
individual estates that stretch across an area of approximately 23,000
hectares. The company also owns two hydro electric power plants
generating 3.2 megawatt of electricity at Sanquhar Estate Paradeka and
Delta Estate Pupuressa. In addition, it manufactures and sells green
tea, as well as involves in the forestry business, including growing and
sale of timber. Further, the company focuses on leasing commercial
office buildings in Borella; and operating two boutique hotels. Free
Lanka Capital Holdings Limited is based in Colombo, Sri Lanka.

NEM · 8 Re: FLCH , What do you think ? Thu Jun 23, 2011 8:03 pm

NEM

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ashlee wrote:Ok I asked for the reason why you think it MAY go down.."MAY" too should have a reason ait?? Anyways we will wait and see.. Hope FLCH will reflect its true potential soon.

According to the order book values

nkalansu · 9 Re: FLCH , What do you think ? Thu Jun 23, 2011 10:29 pm

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Prince wrote:Reason for FLCH ' s down trend is that their directors were so hurry to sell their holdings.

According to the rumors I heard here and there , the big amount they showed in their reports under TIMBER has some kind of a problem.

You know there are so many interpretations for TIMBER such as trees , baby plants , trees with no commercial value , "Dead Trees".

If this is true then there will be a case for inquiry. Directors are selling because of an accounting problem??? Then they must have mislead the investing public. Also the particular accounting / auditing firm has something to explain??

Are you sure this is true?

wiser · 10 Re: FLCH , What do you think ? Thu Jun 23, 2011 10:45 pm

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Dear all,
Not FLCH but all other Good shares going down. Specially fundamentally good shares are badly difeated. Like BFL, BRWN,etc..etc..Thease days good time for Speculated, manupulated shares. but see what will happen after July 1st. It will be the start of ruling fundamental. You all write me End of July. Stay focus. Fundamental good mean you should have courage to hold them even though market is bad. because you know your comany not bad and they will always increase the value of your invest. This is I'm tellling from my experince. Happy trading . Buy when other are selling. Sell when others are buying. BYE.