It's subsidiaries/related companies LWL,CERA and PARQ anounced dividends.RCL performed better than those companies.But no dividend anouncement yet.
Interesting to see this counter in comming weeks.
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NegativeUaecoindubai wrote:RCL trend has gone. they will face many more pressures coming months too . especially energy and raw material issue . other scenario is competition with Chinese products .
dhaneenja wrote:I'm bit new to CSE. I plan to buy this.... but not sure why its going down.
for my findings,
overall it's good company only following two disadvantages notices,
1) lack of clay issue in sri lanka so material cost will be high in future.
2)Chinese tiles
NANDANA2012 wrote:dhaneenja wrote:I'm bit new to CSE. I plan to buy this.... but not sure why its going down.
for my findings,
overall it's good company only following two disadvantages notices,
1) lack of clay issue in sri lanka so material cost will be high in future.
2)Chinese tiles
I guess both above issues have been faced by the Company for few years now and they have found better ways of managing it. Now they seem to produce tiles in India cutting cost and also getting the benefit of import tax reduction done by current Govt. ROCELL is a high end brand and dont think they face a major threat from Chinese Tiles.
Their reports indicate sustained growth also during this tough period with construction sector slow down. When sector picks up, which is a matter of time, RCL should be booming..Till then you can buy and hold as they give you better dividends than savings..Few shares have all these features..But like to see opposite views if any...
yes of course best share...THASSIM wrote:RCL up 3.37%. Those who look at fundamentals rather than posses herd mentality will reap profits soon.Those who missed out, never too late. RCL is a bargain buy till Rs 80/00.
Please do your due diligence before investing.
Agreed..worth share Net Asset 200 EPS 24...THASSIM wrote:RCL up 3.37%. Those who look at fundamentals rather than posses herd mentality will reap profits soon.Those who missed out, never too late. RCL is a bargain buy till Rs 80/00.
Please do your due diligence before investing.
ddrperera wrote:Agreed..worth share Net Asset 200 EPS 24...THASSIM wrote:RCL up 3.37%. Those who look at fundamentals rather than posses herd mentality will reap profits soon.Those who missed out, never too late. RCL is a bargain buy till Rs 80/00.
Please do your due diligence before investing.
BARGAIN PRICE..DIVIDEND YIELD SUPER..
Below 65 still worth..Trader321 wrote:Still, you have the chance to buy below 65 rs.
20 % return must
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