PIRAMAL GLASS CEYLON PLC (GLAS.N0000)

Nandun · **121** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 08, 2020 4:46 pm

Nandun

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[url=https://cdn.cse.lk/cmt/announcement_portal_prod/Reply to CSE Letter-08.09.2020_10340696229177185.pdf]https://cdn.cse.lk/cmt/announcement_portal_prod/Reply%20to%20CSE%20Letter-08.09.2020_10340696229177185.pdf[/url]

they say this is not price sensitive information Question

Eranga87 · **122** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 08, 2020 5:12 pm

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@ Nadun,
normally they said there are no price sensitivity transactions at the beginning. look at LOLC clarification of a newspaper article 2019. After a few days, the price goes up.
wait and see. next announcement..

Master D · **123** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 08, 2020 5:58 pm

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@Teller wrote:indian investor is in trouble . Glas has to pay 1.8 billion loans currently its hard them to settle. There is no reason to buy this company in very high price as our retailers predict

I remember you recommended this pre covid. Is this loan a new one?

spindain · **124** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 08, 2020 8:28 pm

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Can't agree with teller here. You can't ignore a share just because they have loans.

Let's be positive. Glas is not a loss making company and has a sound NAV. One of the best Penny Stocks we have and pays a dividend too.

New buyer might pay off these loans and make it even more profitable.

Eranga87 · **125** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 08, 2020 8:44 pm

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PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 7 +p36sRmD0UaAAAAAElFTkSuQmCC

SUSPENS · **126** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 08, 2020 8:46 pm

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My first share in the CSE back in 2008 if im correct. im never going to buy this kind of indian company shares in my life time again.

dont get caught ....

spindain · **127** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 08, 2020 8:50 pm

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So called Experts Very Happy

.... telling things without proper justifications.

Master D · **128** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 08, 2020 9:27 pm

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@spindain wrote:So called Experts .... telling things without proper justifications.

Fishy..

Eranga87 · **129** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 08, 2020 9:31 pm

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GLAS N continuously recorded profit. Teller especially highlighted GLAS co. debt component. Most of Co.s maintained debt capital. GLAS has the ability to pay debt due to the profit-making company.
in CSE, so many comapny have done the right issue to settle debt. GLAS every time to expand their business. check cash flows, how many years invest in capital expenditure.

so many loss-making companies have in CSE, they never criticize such companies.
In simply, when they miss an opportunity, they underestimate that shares even make a profit and misrepresent people

SUSPENS · **130** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 08, 2020 9:33 pm

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ttspindain wrote:So called Experts .... telling things without proper justifications.

enjoy and tell us the taste....do your own analysis lil

engineer · **131** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 08, 2020 9:33 pm

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@SUSPENS wrote:My first share in the CSE back in 2008 if im correct. im never going to buy this kind of indian company shares in my life time again.

dont get caught ....

This surely needs some more info because this is a suspicious statement without any backing Smile

SUSPENS · **132** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 08, 2020 9:36 pm

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tomorrow you can see the answer,,, Very Happy

Master D · **133** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 08, 2020 9:43 pm

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@SUSPENS wrote:tomorrow you can see the answer,,,

this share is not for tomorrow. but at least for a year.

SUSPENS · **134** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 08, 2020 9:49 pm

SUSPENS

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very happy ,,,,Good investors always should think looong term...specially shares like glas....

Teller · **135** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Sep 09, 2020 12:42 am

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GLAS indian owner is in trouble . Glass has huge debt exceeds 1.8 billion thats why they sell it. As he is in a hard situation ,he may dispose his quantity below 4 also possible .

ishan.mindika@gmail.com · **136** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Sep 09, 2020 12:54 am

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@Teller wrote:GLAS indian owner is in trouble . Glass has huge debt exceeds 1.8 billion thats why they sell it. As he is in a hard situation ,he may dispose his quantity below 4 also possible .

So should you hold for a long time or drop?

Eranga87 · **137** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Sep 09, 2020 1:18 am

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@Teller
The deal will be finalized above NAV (Rs.4.92 as @ 31.03.2020) of GLASS. did you read newspaper articles? Piramal clearly mentioned in articles, he wants to premium on market value.

How can you justify GLAS deal should trade-in bellow Rs. 4.00?? even GLAS NAV Rs. 4.92
do you have evidence for GLAS dispose of bellow 4.00.

don't miscalculate innocent people.

soileconomy · **138** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Sep 09, 2020 7:44 am

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If they have a plan to sell ,sri lankan largest arrack maker Distilleries is a good potential buyer

spindain · **139** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Sep 09, 2020 7:57 am

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Don't listen to teller. He is not doing youtube videos or doing a job he is successful as a investor. Looks like he is trying to collect below 4.00. What a loser

Master D · **140** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Sep 09, 2020 8:23 am

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@Eranga87 wrote:@Teller
The deal will be finalized above NAV (Rs.4.92 as @ 31.03.2020) of GLASS. did you read newspaper articles? Piramal clearly mentioned in articles, he wants to premium on market value.

How can you justify GLAS deal should trade-in bellow Rs. 4.00?? even GLAS NAV Rs. 4.92
do you have evidence for GLAS dispose of bellow 4.00.

don't miscalculate innocent people.

I'm not a expert as teller.
But he total liabilities has decreased in 2019/20 compared to previous year. Last year company increased capacity and profits increased and paid a good dividend.
Indian owner is Piramal group. NEws says he wants to invest more in pharma as the reason for selling. Even if they have a cash problem it cannot affect a well performing subsidiary.
Just like SOftlogic insurance doing great inside debt ridden softlogic group.

None of the arguments raised by experts on this share seems logical to me. May be there is something an average person doesn't know. Smile

Master D · **141** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Sep 09, 2020 8:30 am

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@SUSPENS wrote:My first share in the CSE back in 2008 if im correct. im never going to buy this kind of indian company shares in my life time again.

dont get caught ....

Were not you able to buy it around 2.00 in 2008 and wait to sell around 11.00 per share in 2011? Very Happy

:D
Thats the long term I talk about.

Mithooshan · **142** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Sep 09, 2020 8:40 am

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Teller has a different perspective from an investor’s point of view. What he meant by above remark might be that there are other shares where we can get above 30% return with lesser risk.

Under the current context however, i think there is a an opportunity make a considerable capital gain in this share in a shorter time period.

Respect for teller and his youtube channel.

Teller · **143** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Sep 09, 2020 8:50 am

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@eranga87,Read english property , He may dispose means , its 50:50, i also have this share @2.80 , if it will go high, im the one like it the most . Net assets values can be manipulated easily. There is no theory in the world , disposals should be above or equal to Net asset values . Buyers always try to get a parcel at best price . Seller never telles that they sell due to issues . He will highlight some thing . Because he wants to dump some one .
Example - the same way one of my friends sells his house , due to personal debt . But he says in the advertisement due to migration to Australia . Hahha i know he never leave from sri lanka . These are the strategies of sellers. But i got the insider info the reason they sell is the margin and high level of debt exfeeds 1.8 bilion. Even the business runs at a margin , its not worthy to indian investor because he can get much more payback ,IRR in indian market . Imagine why Dhamika / harry is not entering to business , because they know outsourcing is better compare to manufacturing the bottles . Currently the food graded plastics gives huge pressure to glass bottles .

Good luck and hope for the best

Mithooshan · **144** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Sep 09, 2020 8:53 am

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I really hope the Indian buyer is not in this forum if there is someone like that

SUSPENS · **145** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Sep 09, 2020 2:55 pm

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2 min silent for innocent Glas lovers.......... Very Happy

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PIRAMAL GLASS CEYLON PLC (GLAS.N0000)

121 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 08, 2020 4:46 pm

Nandun

122 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 08, 2020 5:12 pm

Eranga87

123 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 08, 2020 5:58 pm

Master D

124 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 08, 2020 8:28 pm

spindain

125 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 08, 2020 8:44 pm

Eranga87

126 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 08, 2020 8:46 pm

SUSPENS

127 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 08, 2020 8:50 pm

spindain

128 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 08, 2020 9:27 pm

Master D

129 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 08, 2020 9:31 pm

Eranga87

130 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 08, 2020 9:33 pm

SUSPENS

131 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 08, 2020 9:33 pm

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132 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 08, 2020 9:36 pm

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133 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 08, 2020 9:43 pm

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134 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 08, 2020 9:49 pm

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135 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Sep 09, 2020 12:42 am

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136 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Sep 09, 2020 12:54 am

ishan.mindika@gmail.com

137 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Sep 09, 2020 1:18 am

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138 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Sep 09, 2020 7:44 am

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139 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Sep 09, 2020 7:57 am

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140 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Sep 09, 2020 8:23 am

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141 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Sep 09, 2020 8:30 am

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142 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Sep 09, 2020 8:40 am

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