RICHARD PIERIS AND COMPANY PLC (RICH.N0000)

Pbv wrote:How about 20+

Promoney wrote:

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.

Great overall performance potential

කොටස් වෙළද පොළේ තියෙන මව් සමාගම් ඒ ගොල්ලන්ගෙ තැන්වලට ඇවිල්ල.දැන් ඔබේ වෙලාවයි.

David VKMS wrote:RICH N

Going to be another moving stock

2020/21
EPS - Rs. 2.30
NAV - Rs. 8.30

PER - 7.82x
PBV - 2.16 

At 10 PER RICH will be at RS.23.00
At 10 PER of Forward earning(Based on Q42021) - Rs.24.8

Compared to Capital good sector PE and PBV RICH is really under value.

23% of the total revenue contributed by Plantation Sector (1/3 from rubber) . Commodity (Rubber) Price increase going to be a additional advantage to RICH. 

RICH own very good land banks hart and sunburn area of Colombo. Investor can expect a huge revaluation gain in the 2021/22 Financial.

RICH with Massive upside potential.... 

samaritan wrote:

PATHWAY TO BECOME RICH!

X wrote:Finally, RICH has got the major investor attention in CSE.


RICH is the ultimate parent company of KGAL, NAMU, REXP it is well-positioned to be a beneficiary of rubber products and palm oil export drive. Rubber-related product exports reached $1 billion for the first time. Much awaited benchmark for the industry.


My broker said the price of this stock can reach almost double amount from current price. That's why RICH is getting massive foreign attention!


*Rubber product sector achieves US $1bn target in 2021
http://www.newswire.lk/2021/12/24/rubber-product-sector-achieves-us-1-bn-target-in-2021/

Eleven wrote:

X wrote:Finally, RICH has got the major investor attention in CSE.


RICH is the ultimate parent company of KGAL, NAMU, REXP it is well-positioned to be a beneficiary of rubber products and palm oil export drive. Rubber-related product exports reached $1 billion for the first time. Much awaited benchmark for the industry.


My broker said the price of this stock can reach almost double amount from current price. That's why RICH is getting massive foreign attention!


*Rubber product sector achieves US $1bn target in 2021
http://www.newswire.lk/2021/12/24/rubber-product-sector-achieves-us-1-bn-target-in-2021/

Yeah, I am totally agreeing with you! If you didn't see this opportunity, you're not an investor!