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Not Director"s"celtic tiger wrote:Directors are selling.
judecroos likes this post
No directors do not sell, may be one director urgently wants cash ?celtic tiger wrote:Directors are selling.
ADVENTUS likes this post
RJ1010 likes this post
Please ignore this. P/E multiples could give a best of Rs.60 only with forecasted annual earnings.Mithooshan wrote:I am holding RCL as it is the Parent of the Tile companies in Sri Lanka.
Let me discuss the reasons i find for strong upward momentum in days to come.
1) The listed subsidiaries and sub-subsidiaries have pefformed well in this quarter and expected to perform the same in the next three quarters.
This will total a better annual EPS for 2021/22 to that of 2020/21
2) Lanka Ceramic, Lanka walltile, Lanka Ceramic, Swisstek Ceylon PLC and LB Finance have all recorded very good Profit aftet tax. Adding the total is nearly 2.9 Billion Rs. for the quarter.
If RCL is able to make around 900Mn for the quarter the TOT Group PAT would be 3.8 Billion Rs.
Total RCL shares 1,107,893,873 after the split. So it should record a quarterly EPS of at least 3.4 in my opinion.
Expecting Rs.9 (based on my personal judgement, will be different based on each persons opinion) for the next three quarters adds the total to 12.4
Adding a moderate PE of 10. This share will go past Rs.120 by next June. (I am HOLDing)
Edit - It is assumed that the external environment will remain favourable or same during the year
Dividend factor is not considered.
Last edited by Vishwanarth on Wed Aug 11, 2021 9:19 am; edited 1 time in total (Reason for editing : d)
*Asia Securities | Earnings update: RCL SL [TP: LKR 52.00/share; BUY]*
Wonderer likes this post
Mithooshan likes this post
ONTHEMONEY wrote:Hi all,
I am avoiding manufacturing sector for the time considering the rising C19 deaths & cases which sometimes hurt the workers in plants
Better to opt for companies having minimum risk in operations or having operational diversity which reduces e risk ultimately resulting to deliver the output
Good Luck
ADVENTUS and Bakkabwoi like this post
cwij5252 wrote:According to the Webinar by Capital Trust on last Saturday, The fair values:-
RCL 60.20
Tile 94.10
LWL 102.25
PARQ 34.80
MGT 44
TJL 51
Most probably next week will be a bull week for RCL and tile sector....ADVENTUS wrote:IMPRESSIVE RESULTS!
AWAITING RCL!
Thushara Ayya and ADVENTUS like this post
stockie wrote:Everyone talking about WATA/NAMU and EXPO what do you think about LWL /RCL think they will be able to produce over 2Bn , 1.5 Bn for the quarter respectively for LWL and RCL comparing last quarter results.
I'm sure you are too holding these gems
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