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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » SIL production capacity level increase 60%

SIL production capacity level increase 60%

+2
C.THARANGA
invest thinker
6 posters

Go down  Message [Page 1 of 1]

1SIL production capacity level increase 60% Empty SIL production capacity level increase 60% Thu Oct 15, 2020 10:02 pm

invest thinker

invest thinker
Manager - Equity Analytics
Manager - Equity Analytics

The local tyre producers iterate their support of the current government’s drive to prioritize local manufacture by producing motorbike and three-wheeler tyres in Sri Lanka to fulfill local demand, and that they need the continued support of the government to develop the production process. (cpd)



Samson international(SIL) increased their production capacity by 60% this qtr. can be derived SIL market share as follows,

motorbike 60%

three-wheeler 55%

can expect better financial performance due to ban of import tyre. SIL has only 4Mn shares, and have ability to go higher level prices.

Eranga87, Zee, C.THARANGA and CSEdeSILVA like this post

C.THARANGA


Manager - Equity Analytics
Manager - Equity Analytics

Thanks.. @invest thinker, your SIL point out worked. today Financial so impressive and profit boost over 400%. less no. of shares easily push price. how much did you expect in short run ?

CSEdeSILVA likes this post

C.THARANGA


Manager - Equity Analytics
Manager - Equity Analytics

invest thinker wrote:The local tyre producers iterate their support of the current government’s drive to prioritize local manufacture by producing motorbike and three-wheeler tyres in Sri Lanka to fulfill local demand, and that they need the continued support of the government to develop the production process. (cpd)



Samson international(SIL) increased their production capacity by 60% this qtr. can be derived SIL market share as follows,

motorbike 60%

three-wheeler 55%

can expect better financial performance due to ban of import tyre. SIL has only 4Mn shares, and have ability to go higher level prices.


Looks like their business expansion will give best results with this quarter results  bounce  

Sachira90 likes this post

Sachira90


Equity Analytic
Equity Analytic

Today it will pass 150 ++

C.THARANGA and CSEdeSILVA like this post

Sachira90


Equity Analytic
Equity Analytic

Sachira90 wrote:Today it will pass 150 ++
Yes. It's achieved. By end of this week it may achieve 180 ++ Basketball

C.THARANGA


Manager - Equity Analytics
Manager - Equity Analytics

WoW!!! SIL Scored 15 % gain within one day. Good Start in 2021 !! 

C.THARANGA likes this post

SL-INVESTOR

SL-INVESTOR
Manager - Equity Analytics
Manager - Equity Analytics

Probably Reason behind high demand for the share  should be good financial report this time.
To match for current market index share will move up further.

C.THARANGA likes this post

C.THARANGA


Manager - Equity Analytics
Manager - Equity Analytics

Today SIL contribute for 5300 trades and achieved 160 target .. Looks like investors started to collect SIL. 

C.THARANGA likes this post

C.THARANGA


Manager - Equity Analytics
Manager - Equity Analytics

Sachira90 wrote:
Sachira90 wrote:Today it will pass 150 ++
Yes. It's achieved. By end of this week it may achieve 180 ++ Basketball
Yeaa. That's correct today SIL achieved 195 level Basketball

SL-INVESTOR and CSEdeSILVA like this post

CSEdeSILVA


Equity Analytic
Equity Analytic

SIL After clear 194.50 There will be no sellers 

C.THARANGA likes this post

C.THARANGA


Manager - Equity Analytics
Manager - Equity Analytics

-Last Friday SIL achieved 194.50 level.
-Before this quarter reports release it will go further high. 
-Since they expand there business and due restrictions on ban import this time profit will be excellent.
-Due to less number of share in the market, when demand comes share price will start to fly . So better collect at least small quantity inadvance.

SL-INVESTOR and Sachira90 like this post

SL-INVESTOR

SL-INVESTOR
Manager - Equity Analytics
Manager - Equity Analytics

I hope this week SIL will pass 200 ++ milestone.  bounce bounce

C.THARANGA and Sachira90 like this post

vijay singh


Manager - Equity Analytics
Manager - Equity Analytics

financial support to push Rs.190. less qty, easily touch.

SL-INVESTOR, C.THARANGA and Sachira90 like this post

Sachira90


Equity Analytic
Equity Analytic

Hope short term this will give huge gain <3 

SL-INVESTOR

SL-INVESTOR
Manager - Equity Analytics
Manager - Equity Analytics

Samson Group this time increased profit by 2588.1%. Huge Gain unstoppable growth.  

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