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RICHARD PIERIS AND COMPANY PLC (RICH.N0000)

+63
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67 posters

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subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

RICHARD PIERIS AND COMPANY PLC (RICH.N0000) - Page 5 Rich_c10
RICHARD PIERIS AND COMPANY PLC (RICH.N0000) - Page 5 Rich_c11

nish84 likes this post

celtic tiger


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

soileconomy wrote:One of the leading super market chain-Arpico
Countries largest natural rubber supplier-Kegalle plantation/Namunukula plantation
Tea producer and exporter_Maskeliya  plantation
One of the Leading plastic and rubber manufacturer . furniture and pvc_
Leading player Arpico  hybrid water and arpico mattresses
Presence in insurance ,finance under brand of ARPICO
Should contribute positively to the group.
Eager to watch it's financials
I  think ARPICO ELECTRONICS is the real money maker with current import restrictions. Singer did well.

DKbogols


Manager - Equity Analytics
Manager - Equity Analytics

geesura wrote:
DKbogols wrote:RICH seems to be gaining momentum. Price has dipped after the recent Covid events and Ex-dividend but now seems to be recovering. I expect RICH to post a strong Q2 on the back drop of strong performance from its plantations, rubber & tyre segment as well as improved retail segment (which has performed fairly well even during Q1 lock down period). At 13/- levels this seems to be a bargain and a hidden gem!
RICHARD PIERIS AND COMPANY PLC (RICH.N0000) - Page 5 4i816r10just for fun Smile
I recommended RICH awhile ago. I guess we will soon know the outcome of this hidden gem. Hope those who were looking for hidden gems found this share Smile

geesura likes this post

geesura


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

DKbogols wrote:
geesura wrote:
DKbogols wrote:RICH seems to be gaining momentum. Price has dipped after the recent Covid events and Ex-dividend but now seems to be recovering. I expect RICH to post a strong Q2 on the back drop of strong performance from its plantations, rubber & tyre segment as well as improved retail segment (which has performed fairly well even during Q1 lock down period). At 13/- levels this seems to be a bargain and a hidden gem!
RICHARD PIERIS AND COMPANY PLC (RICH.N0000) - Page 5 4i816r10just for fun Smile
I recommended RICH awhile ago. I guess we will soon know the outcome of this hidden gem. Hope those who were looking for hidden gems found this share Smile
actually, I posted it for fun cuz at that time there were about 10+topics saying gems..and also known them as the next expo s

subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

RICH result on the way

With the result 19/20 even yesterday this did not fall much 

Win Win


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

RICh should have good performance. REXP is super investment.

celtic tiger


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

NAMU,KGAL and REXP going well.
Their electronic ,furniture sector almost doubled in profit.
Lithium ion battery ,new addition to group could be a game changer.
SUPER STORES  will do better in 2021.

Win Win and subash81 like this post

Promoney


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

One of the best conglomerates going forward

RJ1010 and Win Win like this post

subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Super result from RICH

6 months Rs 0.85

soileconomy

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

2021 Budget add more value to its group of companies as it has export ,manufactoring ,plantation arms

lakymahesh and Win Win like this post

Win Win


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

soileconomy wrote:2021 Budget add more value to its group of companies as it has export ,manufactoring ,plantation arms

HAYL, RICH will be frontiers ..


subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Win Win wrote:
soileconomy wrote:2021 Budget add more value to its group of companies as it has export ,manufactoring ,plantation arms

HAYL, RICH will be frontiers ..



Yes WIn WIin

HAYL
RICH

VONE next due to tile sector

Promoney


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

RICH is one of the best diversified holdings at the current mkt price.

kottuwa

kottuwa
Senior Equity Analytic
Senior Equity Analytic

what is going on with this?

RJ1010


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

kottuwa wrote:what is going on with this?

Great time to enter

subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Boom boom RICH with Arpico PVC pipes and Fittings 

2024 දී සැමට ජලය දෙන්න සැලසුම්


2024 වසර අවසන් වන විට සැමට ජලය ලබාදීමට අවශ්‍ය සියලු කටයුතු මේ වන විට සැලසුම් කර අවසන් බව අගමැති මහින්ද රාජපක්ෂ මහතා ඊයේ පැවසීය. කැළණි ගඟ දකුණු ඉවුර ජල සම්පාදන ව්‍යාපෘතිය, දෙවන අදියර විවෘත කිරීමේ අවස්ථාවට එක් වෙමින් අගමැතිවරයා මේ බව සඳහන් කර තිබේ.

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RICHARD PIERIS AND COMPANY PLC (RICH.N0000) - Page 5 1PMO9468-1-1024x570
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මෙහිදී අගමැතිවරයා සමරු ඵලකය නිරාවරණය කිරීමෙන් අනතුරුව ජල පිරිපහදුවේ පොම්ප යන්ත්‍ර ක්‍රියාත්මක කරමින් කැළණි, දකුණු ඉවුර ජල සම්පාදන ව්‍යාපෘතියේ දෙවන අදියර ජල පවිත්‍රාගාරය මහජනතාව වෙත විවෘත කරන ලදී.

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RICHARD PIERIS AND COMPANY PLC (RICH.N0000) - Page 5 5D5A9517-1024x644
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මෙම අවස්ථාවේදී ජාතික ජල සම්පාදන හා ජලාපවහන මණ්ඩලයේ සභාපති නිශාන්ත රණතුංග මහතා විසින් 2021-2025 කාලය සඳහා ජල සම්පාදන මණ්ඩලයේ අරමුණු සහ සැලසුම් විදහා දැක්වෙන සාමූහික සැලසුමද අගමැතිවරයා වෙත පිළිගැන්වීම සිදු වී තිබේ.
සෞභාග්‍යයේ දැක්ම වැඩපිළිවෙළට අනුව 2025 වනවිට සැමට පිරිසිදු පානීය ජලය ලබාදීමේ වැඩසටහනට සමගාමීව මෙය ක්‍රියාත්මක වෙයි. කොළඹ සහ ගම්පහ ප‍්‍රදේශයේ ජනතාවට ඉන් ප‍්‍රතිලාභ හිමි වන අතර ව්‍යාපෘතිය සඳහා වැය කර ඇති මුළු මුදල රුපියල් මිලියන තිස් දෙදහස් හත්සියයකි.
නව ජල සබඳතා එක්ලක්ෂ විසි දහසකට වැඩි ගණනක් මෙමගින් ලබාදීමටයි නියමිතය. ග‍්‍රාම නිලධාරි වසම් 320ක දා හත් ලක්ෂ පනස් දහසකට වැඩි පිරිසකට මෙමගින් සෙත සැලසෙන බව රජය පවසයි.

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RICHARD PIERIS AND COMPANY PLC (RICH.N0000) - Page 5 1PMO9475-1024x593
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judecroos likes this post

Value Pick


Manager - Equity Analytics
Manager - Equity Analytics

RICH is a very solid company & should be in every investors portfolio. Price is also affordable to every body. RICH is valued more than DIST & RICH day will come one day for sure.

RJ1010 and subash81 like this post

Value Pick


Manager - Equity Analytics
Manager - Equity Analytics

Value Pick wrote:RICH is a very solid company & should be in every investors portfolio. Price is also affordable to every body. RICH is valued more than DIST & RICH day will come one day & we have to wait until that day.

subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

PVC Operations Arpitech (Pvt) Ltd engaged in manufacturing of Polyvinyl Chloride products, offering an assortment of products consisting of PVC pipes, PVC fittings, Conduit pipes, Conduit fittings, Garden Hoses and Rain convey systems to the market and is highly regarded by Sri Lankans for the quality of the products.

It was a noteworthy year for Arpico PVC as the company managed to become Sri Lanka’s first ISO 9001:2015 Certified PVC Pipes & Fittings Manufacturer. The new certification obtained during the year followed by the Sri Lanka Standards (SLS) certifications obtained for its range of products, a few years ago has increased the strength of the operation in the industry (AR)

judecroos likes this post

Basu


Senior Equity Analytic
Senior Equity Analytic

what are you think about RICH ? Most proper thing is buying or selling ?subash81 wrote:PVC Operations Arpitech (Pvt) Ltd engaged in manufacturing of Polyvinyl Chloride products, offering an assortment of products consisting of PVC pipes, PVC fittings, Conduit pipes, Conduit fittings, Garden Hoses and Rain convey systems to the market and is highly regarded by Sri Lankans for the quality of the products.

It was a noteworthy year for Arpico PVC as the company managed to become Sri Lanka’s first ISO 9001:2015 Certified PVC Pipes & Fittings Manufacturer. The new certification obtained during the year followed by the Sri Lanka Standards (SLS) certifications obtained for its range of products, a few years ago has increased the strength of the operation in the industry (AR)

RJ1010


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

RICHARD PIERIS AND COMPANY PLC (RICH.N0000) - Page 5 B0789c10

subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Basu wrote:
what are you think about RICH ? Most proper thing is buying or selling ?subash81 wrote:PVC Operations Arpitech (Pvt) Ltd engaged in manufacturing of Polyvinyl Chloride products, offering an assortment of products consisting of PVC pipes, PVC fittings, Conduit pipes, Conduit fittings, Garden Hoses and Rain convey systems to the market and is highly regarded by Sri Lankans for the quality of the products.

It was a noteworthy year for Arpico PVC as the company managed to become Sri Lanka’s first ISO 9001:2015 Certified PVC Pipes & Fittings Manufacturer. The new certification obtained during the year followed by the Sri Lanka Standards (SLS) certifications obtained for its range of products, a few years ago has increased the strength of the operation in the industry (AR)

RICH has good future with government water for all projects

CIND and Arpico PVC (That is RICH group) are the two main manufacture of PVC pipes and fitting in sri lanka

CIND price went up from Rs 70 to 100 within few weeks

RICH still around 15 and can to go 20

Promoney


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

PVC operation may become one their top income earners for the next 4 years. Their rubber Plantations will have an increased demad with the new tyre plant and expansion of Kelani Tyre. Price should move beyond 20 for sure

subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

RICH Technical Analysis

·         Weekly

Summary: Strong Buy

Moving Averages: BuyBuy (12)Sell (0)

Technical Indicators: Strong BuyBuy (9)Sell (1)

Pivot PointsNov 21, 2020 07:10AM GMT

Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
13.26
14.13
15.06
15.93
16.86
17.73
18.66
Fibonacci
14.13
14.82
15.24
15.93
16.62
17.04
17.73
Camarilla
15.51
15.67
15.84
15.93
16.16
16.33
16.49
Woodie's
13.30
14.15
15.10
15.95
16.90
17.75
18.70
DeMark's
-
-
15.50
16.15
17.30
-

DamithAsian


Manager - Equity Analytics
Manager - Equity Analytics

RICH next upward trend may to be starting soon. Better to be keep on eye... Very Happy



Last edited by DamithAsian on Tue Dec 01, 2020 10:07 am; edited 1 time in total (Reason for editing : jjj)

Value Pick


Manager - Equity Analytics
Manager - Equity Analytics

RICH is long overdue now...

Promoney


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Expect it to be a big mover in one or two weeks time

Tradewise


Equity Analytic
Equity Analytic

Till start journey on from 15. They have much benefits from beget.

Vishwanarth likes this post

subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Tradewise wrote:Till start journey on from 15. They have much benefits from beget.

Yes
Around 50% return possible based on current market price 14/15

Mr. X

Mr. X
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Net asset half of current trading price. Upto 6 months performance is good, but not exceptional. I noticed followings,

6 months performance
Gross profit level is same as 2019
Admin and S&D dropped - (may be due to pay cuts in salaries and commissions due to Covid)
Finance cost dropped - rate drops due to Covid

I see the total increase in profit 1bn is from Admin and S&D drops.. So once situation comes back to normal these 2 will increase drastically... 

Isn't it too risk to enter at this point ???

Please share your thoughts and If anyone details about budget support level to this company???

gamini123 likes this post

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