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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Keep eye on RWSL

Keep eye on RWSL

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1Keep eye on RWSL Empty Keep eye on RWSL Tue Sep 08, 2020 11:51 am

dilshangac


Manager - Equity Analytics
Manager - Equity Analytics
Huge buying today between 3.10-3.70. This stock will touch 4.50 by Tommorow. Let's see  Laughing

ErangaDS likes this post

2Keep eye on RWSL Empty Re: Keep eye on RWSL Tue Sep 08, 2020 12:30 pm

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics
yes I bought today. let's see tomorrow.

3Keep eye on RWSL Empty Re: Keep eye on RWSL Tue Sep 08, 2020 12:52 pm

ErangaDS

ErangaDS
Manager - Equity Analytics
Manager - Equity Analytics
If they lift the barrier , Its pretty much achievable today .

4Keep eye on RWSL Empty Re: Keep eye on RWSL Tue Sep 08, 2020 5:03 pm

dilshangac


Manager - Equity Analytics
Manager - Equity Analytics
@ErangaDS wrote:If they lift the barrier , Its pretty much achievable today
Hope opening price will be 4/- on tommorow

ErangaDS likes this post

5Keep eye on RWSL Empty Re: Keep eye on RWSL Tue Sep 08, 2020 6:00 pm

ErangaDS

ErangaDS
Manager - Equity Analytics
Manager - Equity Analytics
2019-2020 was one of the best years they had ,
EPS- 0.41 / Net Asset- 4.63 (refer financials)
DPS - 0.1 (xd 02 October)

"President Rajapakshe has instructed to halt salt imports , & given a timeline to state owned Lanka salt company to comeup with strategies to make the company profitable & attract export market" - This will be a great news for the industry & RWSL going forward.

6Keep eye on RWSL Empty Re: Keep eye on RWSL Tue Sep 08, 2020 7:27 pm

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics
If we produce what we can produce in Sri Lanka it is good for our companies and for the country.

ErangaDS likes this post

7Keep eye on RWSL Empty Re: Keep eye on RWSL Tue Sep 08, 2020 9:47 pm

ErangaDS

ErangaDS
Manager - Equity Analytics
Manager - Equity Analytics
Yeah , its shame to know that Srilanka used to import 40%+ our salt requirement. Lets hope with the help of new policies this will turnaround.

KavinduTM likes this post

8Keep eye on RWSL Empty Re: Keep eye on RWSL Wed Sep 09, 2020 12:38 am

Teller

Teller
Moderator
Moderator
The issue is current facilities not enogh them to produce the demand . They must upgrade their technology . Thats the reason their EPS is very low


_________________




Teller said is said..

ErangaDS and Ruchira sm like this post

9Keep eye on RWSL Empty Re: Keep eye on RWSL Wed Sep 09, 2020 7:38 am

ErangaDS

ErangaDS
Manager - Equity Analytics
Manager - Equity Analytics
They have RS380 million worth of FDs(30/06/2020) , its time for them to make use of it. Theres no point of keeping FDs in this low rate environment , better to invest in the business and increse capacity.

10Keep eye on RWSL Empty Re: Keep eye on RWSL Wed Sep 09, 2020 9:16 am

Pradeep90


Senior Equity Analytic
Senior Equity Analytic
Is it good for buy @3.80/3.90(today morning)

11Keep eye on RWSL Empty Re: Keep eye on RWSL Wed Sep 09, 2020 10:00 am

Junior investor

Junior investor
Manager - Equity Analytics
Manager - Equity Analytics
I use raigam salt and it is in fact very clean and good. I don't have this stock in my portfolio yet because of weak financials.

රයිගම් ලුනු මම හිතන්නෙ ලංකාවෙ තියෙන හොඳම ලුනු.

KavinduTM likes this post

12Keep eye on RWSL Empty Re: Keep eye on RWSL Wed Sep 09, 2020 10:59 am

nish84


Manager - Equity Analytics
Manager - Equity Analytics

4.50 Today

13Keep eye on RWSL Empty Re: Keep eye on RWSL Wed Sep 09, 2020 11:42 am

Pradeep90


Senior Equity Analytic
Senior Equity Analytic
Will it go 4.50??

14Keep eye on RWSL Empty Re: Keep eye on RWSL Wed Sep 09, 2020 12:31 pm

KavinduTM

KavinduTM
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Pradeep90 wrote:Is it good for buy @3.80/3.90(today morning)

Nah

15Keep eye on RWSL Empty Re: Keep eye on RWSL Wed Sep 09, 2020 12:32 pm

KavinduTM

KavinduTM
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Pradeep90 wrote:Will it go 4.50??

Nah

16Keep eye on RWSL Empty Re: Keep eye on RWSL Wed Sep 09, 2020 12:48 pm

vikey


Manager - Equity Analytics
Manager - Equity Analytics
@KavinduTM wrote:
@Pradeep90 wrote:Will it go 4.50??

Nah
Kavindu, I feel CTBL is a good stock to buy around 3.40-3.50. What do you think?

engineer dislikes this post

17Keep eye on RWSL Empty Re: Keep eye on RWSL Wed Sep 09, 2020 5:34 pm

KavinduTM

KavinduTM
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@vikey wrote:
@KavinduTM wrote:
@Pradeep90 wrote:Will it go 4.50??

Nah
Kavindu, I feel CTBL is a good stock to buy around 3.40-3.50. What do you think?

I also watching CTBL these days. Doesn't feel to buy. Didn't you grab the opportunity of KGAL or NAMU?

18Keep eye on RWSL Empty Re: Keep eye on RWSL Wed Sep 09, 2020 6:17 pm

vikey


Manager - Equity Analytics
Manager - Equity Analytics
@KavinduTM wrote:
@vikey wrote:
@KavinduTM wrote:
@Pradeep90 wrote:Will it go 4.50??

Nah
Kavindu, I feel CTBL is a good stock to buy around 3.40-3.50. What do you think?

I also watching CTBL these days. Doesn't feel to buy. Didn't you grab the opportunity of KGAL or NAMU?
Nope. I missed and those are too heavy for my baby budget 😉😉

19Keep eye on RWSL Empty Re: Keep eye on RWSL Wed Sep 09, 2020 6:26 pm

KavinduTM

KavinduTM
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@vikey wrote:
@KavinduTM wrote:
@vikey wrote:
@KavinduTM wrote:
@Pradeep90 wrote:Will it go 4.50??

Nah
Kavindu, I feel CTBL is a good stock to buy around 3.40-3.50. What do you think?

I also watching CTBL these days. Doesn't feel to buy. Didn't you grab the opportunity of KGAL or NAMU?
Nope. I missed and those are too heavy for my baby budget 😉😉
Hey come on, quantity doesn't matter as they both have good dividend yields of >9%. Also i'm the smallest investor here -,- not only from age but from the investment. I'm able to trade online just bcz of my dad's money.

pra4u likes this post

20Keep eye on RWSL Empty Re: Keep eye on RWSL Wed Sep 09, 2020 6:34 pm

vikey


Manager - Equity Analytics
Manager - Equity Analytics
@KavinduTM wrote:
@vikey wrote:
@KavinduTM wrote:
@vikey wrote:
@KavinduTM wrote:
@Pradeep90 wrote:Will it go 4.50??

Nah
Kavindu, I feel CTBL is a good stock to buy around 3.40-3.50. What do you think?

I also watching CTBL these days. Doesn't feel to buy. Didn't you grab the opportunity of KGAL or NAMU?
Nope. I missed and those are too heavy for my baby budget 😉😉
Hey come on, quantity doesn't matter as they both have good dividend yields of >9%. Also i'm the smallest investor here -,- not only from age but from the investment. I'm able to trade online just bcz of my dad's money.
I’m limiting my investment on the shares below 20/- for now. Trying to buy some good shares around this price.

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