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Vishwanarth likes this post
Tradewise wrote:Till start journey on from 15. They have much benefits from beget.
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subash81 wrote:RICH benefits from government water for all projects as Arpico is one of the leading manufacturers of pvc pipes and fittings
Their subsidiaries performing better
TYRE - more demand
REXP- consistently performing well
NAMU- high palm oil price, can expect better result than September etc
Promoney wrote:subash81 wrote:RICH benefits from government water for all projects as Arpico is one of the leading manufacturers of pvc pipes and fittings
Their subsidiaries performing better
TYRE - more demand
REXP- consistently performing well
NAMU- high palm oil price, can expect better result than September etc
TYRE is not a subsidiary of RICH??
judecroos likes this post
RICH net profit gradually reduce from 2017. Net profit margin is less than 4%.Trade 1.7 higher than NAV. Dividend payout ratio is more than 80% which is not fair when considering company growth. Only considerable sectors and Richard peris export and plantation.subash81 wrote:Promoney wrote:subash81 wrote:RICH benefits from government water for all projects as Arpico is one of the leading manufacturers of pvc pipes and fittings
Their subsidiaries performing better
TYRE - more demand
REXP- consistently performing well
NAMU- high palm oil price, can expect better result than September etc
TYRE is not a subsidiary of RICH??
Please read AR
TYRE SECTOR
The Group’s Tyre sector has revolutionized the tyre manufacturing industry in Sri Lanka, effectively placing the country on the global map as a reliable and high quality manufacturer of tyres. The Tyre sector of the Group is made up of four companies, namely, Richard Pieris Tyre Company Limited, Arpidag International (Pvt) Limited, Richard Pieris Rubber Compounds Limited and BGN Industrial Pvt Ltd
Promoney wrote:RICH has the best growth sectors going for it
-PVC pipes
-Oil palm plantations
-Rubber plantations
-Rubber exports
-Tyre manufacturing
-Plastic manufacturing (due to import restrictions on Plastic products)
-Arpico supermarkets
100Bill wrote:book your seat, to watch the show.....![]()
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stockback wrote:RICH can be move. I will put the chart the end of the day.....
judecroos likes this post
Win Win wrote:Rich will rich you..
Predict Rs.17 by 2 weeks
judecroos likes this post
Journey to 20+Promoney wrote:RICH has started the upward trend, might leap within this week
judecroos likes this post
Tradewise wrote:RICH is the only market player in retreading tyres in Srilanka. 3rd most valuable super market chain after keells and cargills with second highest revenue per store after keells. Namu and kegalla plantation will do extremely well with demand for rubber and ban on palm oil cultivation. Well poised pvc sector. Only finance arm is not doing that good currently. China have started importing from rexp, it will perform well. Additionally budget positives. This should trade above 18 in my opinion.
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