EXPOLANKA HOLDINGS PLC (EXPO.N0000)

Antonym wrote:Prediction: Expolanka should settle at a trading range between Rs 25 - 30.

Reasoning:
In terms of turnover, Expo is 60% of JKH.
JKH Market Capitalization is Rs 186.47 billion.
Unlike JKH, Expo's growth prospects and ethical standards are questionable.
So, considering 30% of JKH Market Cap = Rs 55.94 billion.
Expo issued shares (post-IPO) = 1.955 billion.
Therefore Market price per share = Rs 28.61.

This is just one guesstimate, based on market capitalization - and there could be other views... Have a Nice Day!

econ wrote:I think we can collect this below IPO price if you wait few days after the initial listing.

shar wrote:

Antonym wrote:Prediction: Expolanka should settle at a trading range between Rs 25 - 30.

Reasoning:
In terms of turnover, Expo is 60% of JKH.
JKH Market Capitalization is Rs 186.47 billion.
Unlike JKH, Expo's growth prospects and ethical standards are questionable.
So, considering 30% of JKH Market Cap = Rs 55.94 billion.
Expo issued shares (post-IPO) = 1.955 billion.
Therefore Market price per share = Rs 28.61.

This is just one guesstimate, based on market capitalization - and there could be other views... Have a Nice Day!

I agree with your reasoning except your opinion on Expo's Growth prospects and Ethical Standards. Expo is a very well diversified Company, very strong in logistics both in Sri Lanka and Overseas. This sector alone is bound to grow tremendously. On Ethics, please do a little more research and you will find Expo ranked No. 1 in Ethical Standards.

shar wrote:

Antonym wrote:Prediction: Expolanka should settle at a trading range between Rs 25 - 30.

Reasoning:
In terms of turnover, Expo is 60% of JKH.
JKH Market Capitalization is Rs 186.47 billion.
Unlike JKH, Expo's growth prospects and ethical standards are questionable.
So, considering 30% of JKH Market Cap = Rs 55.94 billion.
Expo issued shares (post-IPO) = 1.955 billion.
Therefore Market price per share = Rs 28.61.

This is just one guesstimate, based on market capitalization - and there could be other views... Have a Nice Day!

I agree with your reasoning except your opinion on Expo's Growth prospects and Ethical Standards. Expo is a very well diversified Company, very strong in logistics both in Sri Lanka and Overseas. This sector alone is bound to grow tremendously. On Ethics, please do a little more research and you will find Expo ranked No. 1 in Ethical Standards.

shar wrote:

Antonym wrote:Prediction: Expolanka should settle at a trading range between Rs 25 - 30.

Reasoning:
In terms of turnover, Expo is 60% of JKH.
JKH Market Capitalization is Rs 186.47 billion.
Unlike JKH, Expo's growth prospects and ethical standards are questionable.
So, considering 30% of JKH Market Cap = Rs 55.94 billion.
Expo issued shares (post-IPO) = 1.955 billion.
Therefore Market price per share = Rs 28.61.

This is just one guesstimate, based on market capitalization - and there could be other views... Have a Nice Day!

I agree with your reasoning except your opinion on Expo's Growth prospects and Ethical Standards. Expo is a very well diversified Company, very strong in logistics both in Sri Lanka and Overseas. This sector alone is bound to grow tremendously. On Ethics, please do a little more research and you will find Expo ranked No. 1 in Ethical Standards.

milanka wrote:

shar wrote:

Antonym wrote:Prediction: Expolanka should settle at a trading range between Rs 25 - 30.

Reasoning:
In terms of turnover, Expo is 60% of JKH.
JKH Market Capitalization is Rs 186.47 billion.
Unlike JKH, Expo's growth prospects and ethical standards are questionable.
So, considering 30% of JKH Market Cap = Rs 55.94 billion.
Expo issued shares (post-IPO) = 1.955 billion.
Therefore Market price per share = Rs 28.61.

This is just one guesstimate, based on market capitalization - and there could be other views... Have a Nice Day!

I agree with your reasoning except your opinion on Expo's Growth prospects and Ethical Standards. Expo is a very well diversified Company, very strong in logistics both in Sri Lanka and Overseas. This sector alone is bound to grow tremendously. On Ethics, please do a little more research and you will find Expo ranked No. 1 in Ethical Standards.

@shar,
Which PLC as per your estimate in the number 2 and 3 rank in Ethical Standards. Just like to know.

tubal wrote:

amjad wrote:"Expolanka (Pvt.) Ltd. is the leading exporter of fresh coconuts, desiccated coconut, fresh fruits and vegetables from Sri Lanka." - website

yes tubal, it is expoting fresh coconuts too.but i think its very well diversified so that they have marginal impact. What do you think tubal.

Reserving my comments till I see the prospectus :-)
But personally I haven't applied for any IPOs in recent times. Not even for good ones like SFIN. It's not worth the trouble. If the SEC does something about the bank guarantees. Then I might apply

npp wrote:I just read this thread.
1 Q
tell me WHY JKH would want to increase their average price upto 14/- ?
do you mean to say that JKH will buy equal amount of share as in PP @ 22/- each to average at 14/-

no offense friend, just to make it clear

gamaya wrote:JKH has done it before. They sold huge amounts KHL shares bought cheaply at rights issue; which effectively killed any appreciation of the share.

So whoever buys would be sitting on a time bomb. JKH and others can chose their time.

madumal2005 wrote:Ohh god! I gave it up quickly @ 14.60 didnt wait to catch up. I am free...ohhhhhh

tubal wrote:

damee wrote:they are the main coconut exporter in sri lanka...

Hope it's processed coconut based food and other products and not raw coconuts. I do believe the government has imposed a ban on coconut exports

Avinash wrote:Osama is dead. But expolanka is alive. Expo aviation is good. Independent directors are good. Future profits very very good. IPO' is going to be a roaring success... Just like any other IPO. Retail investors are the best suckers,,, teach em a lesson..