PIRAMAL GLASS CEYLON PLC (GLAS.N0000)

Sanju121 · 81 PIRAMAL GLASS (GLAS) Tue Sep 03, 2019 9:46 pm

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Teller · 82 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Sep 06, 2019 10:49 pm

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Glass has continue investment on new capexes so its grate in medium TO LONG

samaritan · 83 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sat Sep 07, 2019 8:07 pm

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QoQ earnings are inconsistent with a PE ratio of around 11.5 based on last 4 quarter earnings. Its over valued at present and price should come down with negative market sentiment prevailing as at now.

Sanju121 · 84 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sat Sep 07, 2019 9:57 pm

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@samaritan wrote:QoQ earnings are inconsistent with a PE ratio of around 11.5 based on last 4 quarter earnings. Its over valued at present and price should come down with negative market sentiment prevailing as at now.

have you visited piramal glass factory?if not go and visit the factory before you comment..ive already visited it.new is machine production also started now.

ThilinaM · 85 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sat Sep 07, 2019 10:42 pm

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Recommend around 2 Rs per share. at least should have 18% return thats why. there is glass trend but still cant see clearly. thease glass bottles onece made do not need repeatedly manufacture . thats a issue?

Teller · 86 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sat Sep 07, 2019 11:15 pm

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Its look samaritan talks doest have any base here.

samaritan · 87 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sun Sep 08, 2019 7:45 am

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@ThilinaM wrote:Recommend around 2 Rs per share. at least should have 18% return thats why. there is glass trend but still cant see clearly. thease glass bottles onece made do not need repeatedly manufacture . thats a issue?

Correct. Expansion doesn't mean profits are going to expand, they are only doing with hope. But we are not going to encounter miracles in the manufacturing sector that we have been unable to achieve over the last 70 years as correctly pointed out elsewhere by Teller.
Furthermore when market is falling why buy in a hurry???

ThilinaM · 88 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Sep 09, 2019 10:53 am

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for piramal i tell wait untill pricess go down. this is long term investment like for 20 years.
anyway no body likes plastic now. with some regulation on plastic happened piramal would be gold.
wait until path is clear

Sanju121 · 89 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Sep 11, 2019 9:50 am

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Massive buying interest for GLASS

Sanju121 · 90 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Thu Sep 12, 2019 9:45 am

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Look at the orders and demand for glass

KOLAA · 91 PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 17, 2019 1:18 pm

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Company is extending 6^th production line to cater export and downstream markets, this is clearly showing 27% increments in export revenue and it is stood Rs 2,708 Mn during last year. Positive investors see the potential of this company due to following factors.

01. 5.7% increments in the human capital, mainly due to the increase in number of employees.

02. Last two year FY 18 and 19 company has invested Rs 623 Mn and Rs 609 Mn in the CAPEX, Further First quarter of FY 2020 Company has invested Rs 364 Mn. The majority are capacity enhancement under WIP Rs 436 Mn

03. Company has freehold land in Ratmalana, this will be revalued near future, there will be a positive impact on NBV, further fair value and revaluation reserve accounted for over Rs 100 Mn.

04. Sanjaya Tiwari – Chairmen of the company purchased 1,114,116 Shares during last year, this is a clear indication for price escalation in the near future.

05. Export revenue double compared to FY 2015, Currency depreciation will help further to record higher revenue and unrealized gain from debtors. Presidential award from highest export in ceramic/porcelain and Glass based products.

06. Addressing the CSR and reputation risk through recycling and re-usable bottles, JKH is promoting Prima glass bottles.

07. Positive EPS and DPS, if a moderate investor can expect 5.5% - 7.5% dividend payout. That’s reasonable to keep this stock for long time. During FY 19 Rs 13 Mn unclaimed dividend write off.

08. Inventory movement is huge even though closing balances are continually increased, it is a very good sign of increasing the production in coming months, Inventory has increased by over 40% even after huge movements.

09. Receivable has reducing and payable are improving, this will help to maintain healthy working capital cycle, cash balance is not bad, since they are earning from FD also.

10. The exchange rate is we can expect positive since Srilanka has to go through a tough period in near future, especially Oil price increase and political uncertainty.

We can observe lots of good trading pattern, This is a bit of my view, you can do your own analysis, without going behind the manipulated stock. Especially new comes need to care about stock market behaviors in these days, so many stones becoming a Gem. Use your mind before you invest.

See you in another stock, If I see good in it.

No Trade Mark

NANDANA2012 · 92 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 24, 2019 9:03 am

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Name should be corrected to "Piramal Glass". Piramal is an Indian Company who acquired earlier Ceylon Glass.

Can agree with your points. They have many good Fundamentals. Price should move with Next Report, even Rs. 5 could be a easy target.

KOLAA · 93 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Thu Oct 17, 2019 2:01 pm

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Thanks, Nandana, Yes name is a mistake. I guess my analysis is making sense with price escalation.

INVESTCSE · 94 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Thu Oct 24, 2019 11:40 am

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@Teller I am new to the group. I have few shares of GLASS. What is your advise whether to HOLD or SELL?

nuwanmja · 95 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Thu Oct 24, 2019 12:57 pm

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@INVESTCSE wrote:@Teller I am new to the group. I have few shares of GLASS. What is your advise whether to HOLD or SELL?

how you are new and have 3000+ Equity stars ? Shocked

ThilinaM · 96 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Thu Oct 24, 2019 1:01 pm

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5.7% increments in the human capital, mainly due to the increase in number of employees.

increase in number of employees is weak sign . more payroll more costs

INVESTCSE · 97 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Thu Oct 24, 2019 2:15 pm

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@nuwanmja wrote:

@INVESTCSE wrote:@Teller I am new to the group. I have few shares of GLASS. What is your advise whether to HOLD or SELL?

how you are new and have 3000+ Equity stars ?

I joined this forum in 2011 as shown, but I have been reading the posts published by members all the time. This is the first time I think I wrote on the forum. Smile

KOLAA · 98 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Thu Oct 24, 2019 3:37 pm

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This has to reach above 5/= level

Mr-Star · 99 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Dec 04, 2019 1:42 am

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Huge Collection for Rs 4.50 & Rs 4.60 Last two Weeks. Quickly GLAS.N will be passed Rs 5.00. This and next Quater financial report may be gem as tax and monitory policy of the government. The last two quarters released the quater financial reports with positive performances. don't miss ....

wisdom79 · **100** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Dec 04, 2019 7:28 am

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Good news.

Mr-Star · **101** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Dec 04, 2019 11:22 pm

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PIRAMAL GLASS CEYLON PLC
(GLAS.N0000)

Today Collection for Rs 4.50, Rs 4.60 & Rs 4.70

Share Volume 3,773,667

Turnover (Rs.) 17,292,710.00

Trade Volume 146

Thushara Ayya · **102** Next week Glass GLAS.N0000 Sat Jan 25, 2020 4:46 pm

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Rumors are there about this counter.... Let's see next week.

Target 6.50/7.00

Thushara Ayya · **103** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sat Jan 25, 2020 4:52 pm

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This will lead Next Week....

Teller · **104** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sat Jan 25, 2020 8:20 pm

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GLAS has invested 2 billion new capex so future revenue will be at least 1.4x based on current sales plus selling price . Only the issue is utility cost

Thushara Ayya · **105** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Jan 27, 2020 8:34 am

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@Teller wrote:GLAS has invested 2 billion new capex so future revenue will be at least 1.4x based on current sales plus selling price . Only the issue is utility cost

Very correct Teller...

Thushara Ayya · **106** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Feb 24, 2020 2:22 pm

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Collecting lot....

ChooBoy · **107** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Mar 02, 2020 11:38 am

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PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 4 Cfb8aa10

engineer · **108** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Thu Jun 11, 2020 9:11 am

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Piramal Glass Ceylon FY20 net profit up 12.4% to Rs. 389 m cheers

http://www.ft.lk/business/Piramal-Glass-Ceylon-FY20-net-profit-up-12-4-to-Rs-389-m/34-701459

dilshangac · **109** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Aug 10, 2020 11:48 am

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Any Predictions before the Dividend??

KavinduTM · **110** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 01, 2020 8:20 pm

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Try to collect GLAS @3.50. Really good share. Recommended to enter around @3.50 (Mid-Long term). If you can hold few months , this is a really good share to grind hard.

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PIRAMAL GLASS CEYLON PLC (GLAS.N0000)

81 PIRAMAL GLASS (GLAS) Tue Sep 03, 2019 9:46 pm

Sanju121

82 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Sep 06, 2019 10:49 pm

Teller

83 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sat Sep 07, 2019 8:07 pm

samaritan

84 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sat Sep 07, 2019 9:57 pm

Sanju121

85 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sat Sep 07, 2019 10:42 pm

ThilinaM

86 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sat Sep 07, 2019 11:15 pm

Teller

87 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sun Sep 08, 2019 7:45 am

samaritan

88 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Sep 09, 2019 10:53 am

ThilinaM

89 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Sep 11, 2019 9:50 am

Sanju121

90 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Thu Sep 12, 2019 9:45 am

Sanju121

91 PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 17, 2019 1:18 pm

KOLAA

92 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 24, 2019 9:03 am

NANDANA2012

93 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Thu Oct 17, 2019 2:01 pm

KOLAA

94 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Thu Oct 24, 2019 11:40 am

INVESTCSE

95 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Thu Oct 24, 2019 12:57 pm

nuwanmja

96 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Thu Oct 24, 2019 1:01 pm

ThilinaM

97 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Thu Oct 24, 2019 2:15 pm

INVESTCSE

98 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Thu Oct 24, 2019 3:37 pm

KOLAA

99 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Dec 04, 2019 1:42 am

Mr-Star

100 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Dec 04, 2019 7:28 am

wisdom79

101 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Dec 04, 2019 11:22 pm

Mr-Star

102 Next week Glass GLAS.N0000 Sat Jan 25, 2020 4:46 pm

Thushara Ayya

103 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sat Jan 25, 2020 4:52 pm

Thushara Ayya

104 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sat Jan 25, 2020 8:20 pm

Teller

105 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Jan 27, 2020 8:34 am

Thushara Ayya

106 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Feb 24, 2020 2:22 pm

Thushara Ayya

107 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Mar 02, 2020 11:38 am

ChooBoy

108 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Thu Jun 11, 2020 9:11 am

engineer

109 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Aug 10, 2020 11:48 am

dilshangac

110 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Sep 01, 2020 8:20 pm

KavinduTM

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

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