PIRAMAL GLASS CEYLON PLC (GLAS.N0000)

High-flyer · 76 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Jan 08, 2021 8:31 am

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Promoney wrote:Good share, but heavy selling at these levels, with a packed sell book. Gets pushed down to 9.30 - 9.50 levels

And buying too.

Held the price at 9.70 - 10. Mostly traded close to 10.

samaritan · 77 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Jan 08, 2021 9:12 am

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100Bill wrote:

100Bill wrote:With the latest deal, Blackstone will gain from Piramal Glass’ large clientele. Piramal Glass is a major supplier to companies including Coty, L'Oreal, Diageo, Pernod Ricard and Sanofi.

The company controls a majority market share in India and Sri Lanka, with expanding footprint in the US and Europe.

Piramal Glass is one of the four players globally to have type 1 pharma glass capabilities that is used for complex products like liquid injectable drugs, which saw a surge in demand during the coronavirus pandemic.

In the export markets, Piramal is number one globally in manufacturing and supplying nail polish glass (33% volume share) and is the number one in the US in specialty spirits bottles.
The global glass market targeted by Piramal Glass is estimated at $10 billion, growing at CAGR of 3%.
Glass manufacturing facilities are increasingly being shifted from high cost locations in Europe and the US to emerging markets such as India. Also, consumers are replacing plastic containers with recyclable glass bottles.
During fiscal 2020, Piramal Glass recorded a revenue of $293 million. Between FY2017 and FY2020, the company’s revenue grew at a CAGR of 5.3%, while EBITDA increased at a CAGR of 9.7%.

https://www.livemint.com/companies/news/blackstone-to-buy-piramal-glass-for-1-billion/amp-11607677639729.html

Fair value of the share 13.50 LKR....

Cheers..........

My early post regarding fair value 13.50Lkr.
key is the patience.

Strongly agree. Glass will be the white gold in future.

Champ888 · 78 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Jan 08, 2021 10:07 am

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With the Expantion of their production they will deliver excellent result in this quater.

13 will be easily touched with Q3 results. Current Price (9.80 -10) is good to enter.

Invest-Wise · 79 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Jan 08, 2021 10:28 am

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High-flyer wrote:

Promoney wrote:Good share, but heavy selling at these levels, with a packed sell book. Gets pushed down to 9.30 - 9.50 levels

And buying too.

Held the price at 9.70 - 10. Mostly traded close to 10.

Resitance was 9.80. I think this will shoot now to over 11 easily and move form there.

Eranga87 · 80 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Jan 08, 2021 10:55 am

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Agreed, @Samarithan,@highflyer,

GLAS climb up with steady and strongly. I saw that 2 research firm (LSE, Capital Trust) added chart and believe, it will break soon ATh (12.80). GLAS totally differs from other manipulated stocks. because of, GLAS potentially most growing stock. still, it's acquisition price higher than CMP GLAS. I believed that it will easily touch Rs.14 soon. upcoming financial so brilliant.

Promoney · 81 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Jan 08, 2021 2:38 pm

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Invest-Wise wrote:

High-flyer wrote:

Promoney wrote:Good share, but heavy selling at these levels, with a packed sell book. Gets pushed down to 9.30 - 9.50 levels

And buying too.

Held the price at 9.70 - 10. Mostly traded close to 10.

Resitance was 9.80. I think this will shoot now to over 11 easily and move form there.

Same scenario today. Big sellers dropping quantities

subash81 · 82 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Jan 08, 2021 3:30 pm

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Once big selling finish, GLAS will move up .

Kanishka_2020 · 83 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Jan 08, 2021 4:00 pm

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Still collecting or someone selling Question

Eranga87 · 84 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sun Jan 10, 2021 2:29 am

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Est. EPS for FY (2020/21) = Rs 1.20 per share

Est. share price (2020/21) = Rs 18.10 [1.20 @ 15.1PE multiples]

Keep and collect it. GLAS will break ATh price soon.

SL-INVESTOR · 85 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sun Jan 10, 2021 8:45 am

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Eranga87 wrote:Est. EPS for FY (2020/21) = Rs 1.20 per share

Est. share price (2020/21) = Rs 18.10 [1.20 @ 15.1PE multiples]

Keep and collect it. GLAS will break ATh price soon.

Agreed !

shakthi1974 · 86 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sun Jan 10, 2021 8:58 am

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Guys,
Any idea who is the big seller? Is it someone from top 20?
I believe this is very important at this stage. If anyone knows please share this info.

geesura · 87 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sun Jan 10, 2021 9:13 am

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shakthi1974 wrote:Guys,
Any idea who is the big seller? Is it someone from top 20?
I believe this is very important at this stage. If anyone knows please share this info.

Instead of finding the seller, let's find the Buyer

C.THARANGA · 88 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sun Jan 10, 2021 9:40 am

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shakthi1974 wrote:Guys,
Any idea who is the big seller? Is it someone from top 20?
I believe this is very important at this stage. If anyone knows please share this info.

Without buying and selling price level will not move high and low.
It there is too much demand price level will go high, If no demand price level will come down.

Related to GLAS, It's continuing smooth journey with very less risk. It was settle @ 4 ,7, 8 , 9 levels. With his quarter results hi will move further high and we can expect good dividend this time too.... bounce

Eranga87 · 89 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sun Jan 10, 2021 12:33 pm

@shakthi1974,

thankrishan · 90 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sun Jan 10, 2021 12:49 pm

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Slow and steady. Keep calm and wait for the harvest.

Promoney · 91 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sun Jan 10, 2021 1:17 pm

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EPF has a huge chunk.. They have been selling stocks.. any idea whether they are the sellers?

shakthi1974 · 92 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sun Jan 10, 2021 1:37 pm

@Eranga87

invest thinker · 93 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sun Jan 10, 2021 1:53 pm

shakthi1974

Accountant · 94 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sun Jan 10, 2021 2:50 pm

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This was posted few hours ago p in twitter, this could be the reason that a chunk loads were sold @9.8 to 10 levels not allowing the share to move up. This share can touch unexpected prices in near future. 13 is some what of a sure tartet with a solid report.

Discoloure - i hold GLAS.

PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 4 Screen10

Promoney wrote:EPF has a huge chunk.. They have been selling stocks.. any idea whether they are the sellers?

vijay singh · 95 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sun Jan 10, 2021 6:33 pm

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remembered 2 months ago, NP's penny stock tweet and mislead retailer holding of GLAS. At that time GLAS traded @Rs.6.20. Some people panic sold GLAS @ Rs.5.70-6.00 after 1 week it went up Rs.7 level. he is not genuinely tweet. because of he also investor and seek good opportunity entrance.

we assume that EPF sold stock. if EPF sold, definitely they sold in 11.12.2020, at that time GLAS traded volume 108.5Mn. when EPF sold stock, they find investor transfer qty. because of they have large no of qty. someone selling mean others buying.

when you buy shares, people didn't give any guidance including NPs. but they willing to give negative mindset in your mind(forcing selling). because of they wants buy back again at discounted price. don't care their cheap tweet. UNDERSTAD upcoming financial results. ON THE WAY brilliant performance this time also. so many invisible hand active for downgrading valuable shares and collect lowest side. agreed @Eranga87 GLAS will trade beyond Rs.18 end of March 2021. safe from PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 4 TwD+CxGdyfEDAnjeAAAAAElFTkSuQmCC

PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 4 TwD+CxGdyfEDAnjeAAAAAElFTkSuQmCC

.
GL

.

geesura · 96 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sun Jan 10, 2021 6:55 pm

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PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 4 Screen57

vijay singh wrote:remembered 2 months ago, NP's penny stock tweet and mislead retailer holding of GLAS. At that time GLAS traded @Rs.6.20. Some people panic sold GLAS @ Rs.5.70-6.00 after 1 week it went up Rs.7 level. he is not genuinely tweet. because of he also investor and seek good opportunity entrance.

we assume that EPF sold stock. if EPF sold, definitely they sold in 11.12.2020, at that time GLAS traded volume 108.5Mn. when EPF sold stock, they find investor transfer qty. because of they have large no of qty. someone selling mean others buying.

when you buy shares, people didn't give any guidance including NPs. but they willing to give negative mindset in your mind(forcing selling). because of they wants buy back again at discounted price. don't care their cheap tweet. UNDERSTAD upcoming financial results. ON THE WAY brilliant performance this time also. so many invisible hand active for downgrading valuable shares and collect lowest side. agreed @Eranga87 GLAS will trade beyond Rs.18 end of March 2021. safe from.
GL .

The wolves in the stock market are powerful intelligent cunning investors and traders who use unethical, criminal means to make money from the market. There are typically like the wolf you have read in Little Red Riding Hood, waiting to devour innocent and small investors in the market at a given time. Mostly, wolves are politically affiliated in Sri Lanka and involved in behind the scene scams and manipulations that move the stock market. ⁣⁣
⁣⁣
However, wolves are touchable and if they were caught in the act of disrupting the market or making illegal gains such as sensitive insider information, you could end up paying a massive fine and a hefty prison sentence. There is strict law for them in developed countries but so far no one has served time in Sri Lanka because they all know someone. ⁣⁣
⁣⁣
Many wolves in the stock market tend to create a wolf market in the disguise of a bear or bull. They don't want you and anyone talking about it. Wolf market can be created by thing air when a group of big boys and girls get together at their tea parties or Zoom sessions and decide which company they want to drive down and collect or drive up and sell. During the wolf market, traders tend to make a lot of money due to large amounts of volatility, so you either could be the lucky bloke or the victim. ⁣⁣
⁣⁣
Remember The Wolf of Wall Street, don't you? Jordan Belfort was once a ferocious yet charming wolf stockbroker who made illegal gains from penny stock manipulation, pump and dump schemes, and insider trading. The most notable prison sentence imposed on a wolf was a Sri Lankan. That's right! Lankan born hedge fund manager Raj Rajaratnam served 11 years in prison in US prison for being a big bad wolf. He came out recently. The most recent wolf is Lankan born Arjun Mahendran which rigged the Sri Lanka bond market so his in-laws could gain billions of rupees. Now he is Singapore taking occasional walks to the bank and no one is doing anything about it. ⁣⁣
⁣⁣
Do you see where we are going? Lankans and the love of being a wolf? ⁣⁣

100Bill · 97 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sun Jan 10, 2021 8:38 pm

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Fyi...

Before, a wolf

now become a Whale.

..some times Whale can be wolf...

Cheers..... lol!

Promoney · 98 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Jan 11, 2021 1:49 pm

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GLAS being sold off like junk when the market is surging

‍�

vikey · 99 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Jan 11, 2021 1:54 pm

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Promoney wrote:GLAS being sold off like junk when the market is surging �

Will it come down further?

Promoney · **100** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Jan 11, 2021 2:03 pm

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vikey wrote:

Promoney wrote:GLAS being sold off like junk when the market is surging ️

Will it come down further?

Difficult to say, but looks like it

Eranga87 · **101** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Jan 11, 2021 2:08 pm

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Legends know it's potential value. it will soon heat up. wait a few days Very Happy

,

Promoney · **102** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Jan 11, 2021 7:48 pm

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Market being lifted by a handful of counters, others falling. GLAS is struggling

Julie · **103** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Jan 11, 2021 8:00 pm

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Promoney wrote:Market being lifted by a handful of counters, others falling. GLAS is struggling

Not only GLAS other stock also due to the BIL run

RJ1010 · **104** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Jan 11, 2021 8:13 pm

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Promoney wrote:Market being lifted by a handful of counters, others falling. GLAS is struggling

Same thing I observed. If not for Bil and Expo we would have had Red days.
Seems like from time to time certain stocks are pushed to keep ASI in green. Next we could see Hayl group, plantations and manufacturing companies rallying from time to time till reports come out.

C.THARANGA · **105** Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Jan 11, 2021 8:17 pm

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When It's above to release financial reports GLAS demand will go high and BIL will be no demand.
BIL invest most in hotel sector, so this time also no profit. රැල්ලට කට්ටිය BIL ගන්නේ.

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PIRAMAL GLASS CEYLON PLC (GLAS.N0000)

76 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Jan 08, 2021 8:31 am

High-flyer

77 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Jan 08, 2021 9:12 am

samaritan

78 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Jan 08, 2021 10:07 am

Champ888

79 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Jan 08, 2021 10:28 am

Invest-Wise

80 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Jan 08, 2021 10:55 am

Eranga87

81 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Jan 08, 2021 2:38 pm

Promoney

82 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Jan 08, 2021 3:30 pm

subash81

83 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Fri Jan 08, 2021 4:00 pm

Kanishka_2020

84 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sun Jan 10, 2021 2:29 am

Eranga87

85 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sun Jan 10, 2021 8:45 am

SL-INVESTOR

86 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sun Jan 10, 2021 8:58 am

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geesura

88 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sun Jan 10, 2021 9:40 am

C.THARANGA

89 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sun Jan 10, 2021 12:33 pm

Eranga87

@shakthi1974,

90 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sun Jan 10, 2021 12:49 pm

thankrishan

91 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sun Jan 10, 2021 1:17 pm

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92 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sun Jan 10, 2021 1:37 pm

shakthi1974

@Eranga87

93 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sun Jan 10, 2021 1:53 pm

invest thinker

shakthi1974

94 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sun Jan 10, 2021 2:50 pm

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95 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sun Jan 10, 2021 6:33 pm

vijay singh

96 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sun Jan 10, 2021 6:55 pm

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97 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Sun Jan 10, 2021 8:38 pm

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98 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Jan 11, 2021 1:49 pm

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99 Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Jan 11, 2021 1:54 pm

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