PIRAMAL GLASS CEYLON PLC (GLAS.N0000)

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

SUSPENS

Assistant Vice President - Equity Analytics

Posts : 760
Join date : 2015-04-16

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

spindain

Equity Analytic

Posts : 38
Join date : 2011-02-27

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

Master D

Manager - Equity Analytics

Posts : 144
Join date : 2020-08-25

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

Eranga87

Assistant Vice President - Equity Analytics

Posts : 746
Join date : 2020-01-27

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

SUSPENS

Assistant Vice President - Equity Analytics

Posts : 760
Join date : 2015-04-16

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

engineer

Manager - Equity Analytics

Posts : 196
Equity Stars : 1863
Reputation : 9
Join date : 2019-10-28

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

SUSPENS

Assistant Vice President - Equity Analytics

Posts : 760
Equity Stars : 4159
Reputation : 26
Join date : 2015-04-16

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

Master D

Manager - Equity Analytics

Posts : 144
Equity Stars : 1502
Reputation : 0
Join date : 2020-08-25
Location : Malabe

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

Assistant Vice President - Equity Analytics

Posts : 760
Equity Stars : 4159
Reputation : 26
Join date : 2015-04-16

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

Teller

Moderator

Posts : 5640
Equity Stars : 17125
Reputation : 232
Join date : 2013-06-25
Location : Abhudhabi

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

ishan.mindika@gmail.com

Stock Trader

Posts : 8
Equity Stars : 1369
Reputation : 0
Join date : 2020-08-10

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

Eranga87

Assistant Vice President - Equity Analytics

Posts : 746
Equity Stars : 2401
Reputation : 42
Join date : 2020-01-27
Location : Telaviv

@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

soileconomy

Senior Vice President - Equity Analytics

Posts : 1504
Equity Stars : 7532
Reputation : 45
Join date : 2011-02-20
Age : 46
Location : Nebraska

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

spindain

Equity Analytic

Posts : 38
Equity Stars : 4867
Reputation : 4
Join date : 2011-02-27

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

Master D

Manager - Equity Analytics

Posts : 144
Equity Stars : 1502
Reputation : 0
Join date : 2020-08-25
Location : Malabe

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

Master D

Manager - Equity Analytics

Posts : 144
Equity Stars : 1502
Reputation : 0
Join date : 2020-08-25
Location : Malabe

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

Mithooshan

Senior Manager - Equity Analytics

Posts : 515
Equity Stars : 1910
Reputation : 5
Join date : 2020-07-28

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

Teller

Moderator

Posts : 5640
Equity Stars : 17125
Reputation : 232
Join date : 2013-06-25
Location : Abhudhabi

@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

Mithooshan

Senior Manager - Equity Analytics

Posts : 515
Equity Stars : 1910
Reputation : 5
Join date : 2020-07-28

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

SUSPENS

Assistant Vice President - Equity Analytics

Posts : 760
Equity Stars : 4159
Reputation : 26
Join date : 2015-04-16

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

Master D · **146** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Sep 09, 2020 3:39 pm

Master D

Manager - Equity Analytics

Posts : 144
Equity Stars : 1502
Reputation : 0
Join date : 2020-08-25
Location : Malabe

SUSPENS wrote:2 min silent for innocent Glas lovers..........

Tribute your silence for one night stand gamblers. not for investors

SUSPENS · **147** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Sep 09, 2020 4:07 pm

SUSPENS

Assistant Vice President - Equity Analytics

Posts : 760
Equity Stars : 4159
Reputation : 26
Join date : 2015-04-16

Eranga87 · **148** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Sep 25, 2020 3:18 am

Eranga87

Assistant Vice President - Equity Analytics

Posts : 746
Equity Stars : 2401
Reputation : 42
Join date : 2020-01-27
Location : Telaviv

Employees Trust Fund- ETF bought GLAS N 5,441,719 shares in June 2020 and increased no. of shares up to 9,221,975. EPF has already invested in GLAS and hold 90,317,140 no. of shares. the current market price is very attractive. can hope again govt. fund investment in GLAS.
ANYWAY,
GLAS still didnt move with this positive market sentiments. good things are going to happen"

<<<<>>>>

Eranga87 · **149** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Sep 28, 2020 1:29 am

Eranga87

Assistant Vice President - Equity Analytics

Posts : 746
Equity Stars : 2401
Reputation : 42
Join date : 2020-01-27
Location : Telaviv

Eranga87 · **150** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Sep 28, 2020 12:41 pm

Eranga87

Assistant Vice President - Equity Analytics

Posts : 746
Equity Stars : 2401
Reputation : 42
Join date : 2020-01-27
Location : Telaviv

STIL SILENT.. KEEP IN TOUCH WITH GLAS N.

<<<<>>>>

Master D · **151** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Sep 28, 2020 8:55 pm

Master D

Manager - Equity Analytics

Posts : 144
Equity Stars : 1502
Reputation : 0
Join date : 2020-08-25
Location : Malabe

Eranga87 wrote:STIL SILENT.. KEEP IN TOUCH WITH GLAS N.

<<<<>>>>

Month end coming nah? Razz

judecroos · **152** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 29, 2020 6:24 am

judecroos

Assistant Vice President - Equity Analytics

Posts : 620
Equity Stars : 2034
Reputation : 2
Join date : 2020-08-27

Master D wrote:

Eranga87 wrote:STIL SILENT.. KEEP IN TOUCH WITH GLAS N.

<<<<>>>>

Month end coming nah?

Now the trend is there so I do not think all these month end talks will effect heavily because we have started the run only after the covid-19 break. Let's see today ??? Smile

Jay-Jay · **153** GLASS - heating up Thu Oct 08, 2020 12:15 pm

Jay-Jay

Manager - Equity Analytics

Posts : 206
Equity Stars : 1891
Reputation : 14
Join date : 2019-11-21

GLASS order book in " Locked Horn " status .

Technical graphs indicate a sudden upward momentum at any moment .

There was a rumour spreading in the Market Floor last week ... . about the GLASS .

Pradeep90 · **154** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Thu Oct 08, 2020 12:21 pm

Pradeep90

Manager - Equity Analytics

Posts : 186
Equity Stars : 1546
Reputation : 0
Join date : 2020-08-17

Is it ok 4.10 to buy?

Junior investor · **155** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Thu Oct 08, 2020 1:35 pm

Junior investor

Manager - Equity Analytics

Posts : 289
Equity Stars : 1944
Reputation : 5
Join date : 2020-01-14
Location : Colombo

it is okay below 4.50 but remember they have some debts.

Sponsored content

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Latest topics

PIRAMAL GLASS CEYLON PLC (GLAS.N0000)

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

engineer

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

SUSPENS

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

Master D

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

SUSPENS

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

Teller

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

Eranga87

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

soileconomy

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

spindain

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

Master D

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

Master D

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

Mithooshan

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

Teller

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

Mithooshan

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

SUSPENS

146 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Sep 09, 2020 3:39 pm

Master D

147 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Sep 09, 2020 4:07 pm

SUSPENS

148 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Sep 25, 2020 3:18 am

Eranga87

149 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Sep 28, 2020 1:29 am

Eranga87

150 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Sep 28, 2020 12:41 pm

Eranga87

151 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Sep 28, 2020 8:55 pm

Master D

152 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 29, 2020 6:24 am

judecroos

153 GLASS - heating up Thu Oct 08, 2020 12:15 pm

Jay-Jay

154 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Thu Oct 08, 2020 12:21 pm

Pradeep90

155 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Thu Oct 08, 2020 1:35 pm

Junior investor

156 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000)

Sponsored content

New topics