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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » AGST - Winner for this week

AGST - Winner for this week

3 posters

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1AGST - Winner for this week Empty AGST - Winner for this week Mon Jan 25, 2021 12:42 pm

THASSIM


Manager - Equity Analytics
Manager - Equity Analytics

Possible one of the most undervalued companies. Trading below NAV and super financial statements for Q3FY21 around the corner.

Rather than buying stocks for 10x PB like ASPH - buy fundamentally strong shares like AGST.

Another positive is it's an LOLC company!

Thushara Ayya likes this post

2AGST - Winner for this week Empty Re: AGST - Winner for this week Mon Jan 25, 2021 12:49 pm

Thushara Ayya

Thushara Ayya
Moderator
Moderator

Totally agree with THASSIM, Any time can hit 10/=

3AGST - Winner for this week Empty Re: AGST - Winner for this week Wed Sep 08, 2021 9:18 am

kanishkaecomm

kanishkaecomm
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

AGST - Winner for this week Twitte15

4AGST - Winner for this week Empty Re: AGST - Winner for this week Wed Sep 08, 2021 9:30 am

kanishkaecomm

kanishkaecomm
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

30% YOY rise in food prices


Advocata’s ‘Bath Curry Indicator’ (BCI), which tracks the monthly changes in the price of a basket of commonly consumed food items has recorded a 30% increase between August 2020 and August 2021. 


Advocata said prices had soared due to a multitude of factors in the last few years. Prices of the same basket of food items tracked on the BCI is up 70% compared to August 2019. 


“This means that an average family, who spent Rs. 757 weekly on the BCI basket of food items in August 2019, now has to pay Rs. 1,288 for the same basket of goods. This is roughly Rs. 500 more than in 2019,” it said. 


The month of August however recorded a minor decrease in food prices compared to the previous month, with the prices falling by 1.57%, driven by lower prices for onions, rice, and green chilies, whilst vegetables such as beans and pumpkin increased.




https://www.ft.lk/front-page/30-YOY-rise-in-food-prices/44-722728




*AGST is still trading at TTM - PER 5.82 times & PBV of 1.33.

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