Hidden Gem - GLAS - 40/- Soon

Peris.G · 1 Hidden Gem - GLAS - 40/- Soon Tue Nov 23, 2021 11:28 pm

Peris.G

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Lots of investors asked ,

Most of the counters gave above 10X profit Why not GLAS?

It is possible . I had meeting with my personal investment advisors. As we discussed I am expecting GLAS trade at 40/-

EXPO - SG Holding
PGP GLASS - Blackstone group

If EXPO can continues Its rallies why not GLAS

PE20 = 40/-

Chamath1980 · 2 Re: Hidden Gem - GLAS - 40/- Soon Wed Nov 24, 2021 9:23 am

Chamath1980

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I suggest you change your personal investment advisors.

Expo rally was backed by fundamentals such as a surge in revenue and profits.

For GLAS to appreciate as such, there needs to be valid justification.

Simply stating just because EXPO rallied why not Glas is flawed logic.

Based on the current six month performance, we can assume this will be the results of the financial year end performance for GLAS.

Net Profit: 1.5 Billion
GLAS EPS: 1.58

based on this, the PE for GLAS is 10.1, at current market rate of 16.00 Rs.

at the price you are suggesting(40), the PE is 25.3

Would rational investors be willing to purchase GLAS at such a high value ?

Rizna · 3 Re: Hidden Gem - GLAS - 40/- Soon Thu Nov 25, 2021 3:28 am

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Glass witnesses a slow & steady journey. Its a monopoly here and a part of one of the three glass manufacturing giants in the world where it’s parent having large manufacturing facilities & marketing arrangements in US , India and Europe. Owned by Blackstone US. Compared to recent bubble companies, Glass has an attractive dividend policy as well. Could surpass 40 easily as you correctly said.

Chithi · 4 Re: Hidden Gem - GLAS - 40/- Soon Thu Nov 25, 2021 8:01 am

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It can reach 40 mark definitely but not in quick time as ur IA said. It takes 3,4 Qs atleast. Steady growth is what we need from GLAS.

Nandun · 5 Re: Hidden Gem - GLAS - 40/- Soon Thu Nov 25, 2021 2:04 pm

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GLAS sure go up but not like EXPO. 40 is longtime target

thankrishan · 6 Re: Hidden Gem - GLAS - 40/- Soon Thu Nov 25, 2021 2:36 pm

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40 is possible but not in short term. GLASS is a good counter with constant dividend, but cannot expect for a sudden growth.

Rizna · 7 Re: Hidden Gem - GLAS - 40/- Soon Thu Nov 25, 2021 6:35 pm

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With American investment Giant Blackstone being behind, that price growth would be instant.
Who ever thought Expo which is in a very competitive industry , stagnating at 3-4 levels would touch 2 hundreds in a flash.
Compared, Glass is the only glass manufacturer in SL and part of near monopoly in the world.
Raw material is sourced from within the country, unlike import dependent dollar issue affected, for example, Alluminium industry or virtually no or minimal value addition of graphite industry in SL. Blackstone is reported to have made recently, 7 times the acquisition price in a sale of one of its entities. Increasingly environment concerned future world will favor Glass.
So, immediate, a very big price appreciation would happen at any time.

Eranga87 · 8 Re: Hidden Gem - GLAS - 40/- Soon Thu Nov 25, 2021 11:03 pm

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Eranga87 · 9 Re: Hidden Gem - GLAS - 40/- Soon Thu Nov 25, 2021 11:09 pm

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Peris.G wrote:Lots of investors asked ,

Most of the counters gave above 10X profit Why not GLAS?

It is possible . I had meeting with my personal investment advisors. As we discussed I am expecting GLAS trade at 40/-

EXPO - SG Holding
PGP GLASS - Blackstone group

If EXPO can continues Its rallies why not GLAS

PE20 = 40/-

I am stronger positive with GLAS 30rupees ST. I above mentioned my fcst. figures.. i don't know Blackstone list in GLAS TILL 31st March 2022.

Chamath1980 · 10 Re: Hidden Gem - GLAS - 40/- Soon Fri Nov 26, 2021 10:16 am

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Lets talk facts rather than make speculative statements.

To state Blackstone behind them will ensure success is obviously a misinformed statement.

Look at Microsoft and Nokia, a global powerhouse like Microsoft could not make Nokia a success after their acquisition of the mobile division. So simply stating a large player like Blackstone will ensure success is a wrong assumption.

Stop comparing EXPO and GLAS, both are in completely different business environments. EXPO benefits greatly from rising freight costs while GLAS is severely impacted.

GLAS has several problems they need to overcome in the short term for example rising raw material cost, energy disruptions due to shortage in fuel and gas and other problems currently plaguing most manufacturing companies in Sri Lanka.

Nothing wrong with GLAS, its a great company with a bright future but simply not worth the price you guys are suggesting with the current revenue and profits. Lets see the next quarter report.

Eranga87 · 11 Re: Hidden Gem - GLAS - 40/- Soon Fri Nov 26, 2021 12:59 pm

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Chamath1980 wrote:Lets talk facts rather than make speculative statements.

To state Blackstone behind them will ensure success is obviously a misinformed statement.

Look at Microsoft and Nokia, a global powerhouse like Microsoft could not make Nokia a success after their acquisition of the mobile division. So simply stating a large player like Blackstone will ensure success is a wrong assumption.

Stop comparing EXPO and GLAS, both are in completely different business environments. EXPO benefits greatly from rising freight costs while GLAS is severely impacted.

GLAS has several problems they need to overcome in the short term for example rising raw material cost, energy disruptions due to shortage in fuel and gas and other problems currently plaguing most manufacturing companies in Sri Lanka.

Nothing wrong with GLAS, its a great company with a bright future but simply not worth the price you guys are suggesting with the current revenue and profits. Lets see the next quarter report.

you talk about raw material cost??
I kindly keep your attention, the majority of Raw material scrutinize through domestically.
then, YOU highlighted energy cost,
THEY HAVING solar power generations but use diesel,LPG, you have an answer for this, if you read recently PGP made ANNOUNCEMENTS. THEY clearly explained, they are planning to move for digital & analytical tools savings cost.

invest thinker · 12 Re: Hidden Gem - GLAS - 40/- Soon Fri Nov 26, 2021 1:10 pm

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@chmath1980,

you blindly wrote here, i seems , your seriously jealousy boosting GLAS share price. like you ppl only focus few shares like EXPO. first mate, read above critical potential background factors,, you just talking raw material cost energy cost.. that statments showed your knowledge company profile of GLAS, GO AND CHECK how their taken raw matrials.. read new updates. you didnt see GLAS upwards potential wider range mkt in USA.
TALK KEEPING bullets.. not blaa.. blaaa..

C.THARANGA · 13 Re: Hidden Gem - GLAS - 40/- Soon Fri Nov 26, 2021 1:23 pm

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invest thinker wrote:@chmath1980,

you blindly wrote here, i seems , your seriously jealousy boosting GLAS share price. like you ppl only focus few shares like EXPO. first mate, read above critical potential background factors,, you just talking raw material cost energy cost.. that statments showed your knowledge company profile of GLAS, GO AND CHECK how their taken raw matrials.. read new updates. you didnt see GLAS upwards potential wider range mkt in USA.
TALK KEEPING bullets.. not blaa.. blaaa..

very Trues. nice explanation. i remember, last year like these ppl negative talking about GLAS BEFORE acquisition of GLAS by Blackstone. few ppl like you talk no one taken piramal glas,, that is Indian based co. no come out MO even though acquired Piramal glas. what happened last.. @CHAMATH1980, like you ppl talking negatively. BCOZE, YOU didnt think out of box. every time talking same Co. recently, few stock like BOGA, LOFC, NIFL, CLC abnormally increased , NO ONE TALKING about it's pe, pb ratio. i think its PE RATIO MORE THAN 50.
better to check globally GLAS RELATED avg, PE MORE than 30. if you wants, glas old comments go and check pirama glas, super gainer in piramal glas. you will understand who is genuine commented here..

Chamath1980 · 14 Re: Hidden Gem - GLAS - 40/- Soon Fri Nov 26, 2021 5:09 pm

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Based on the comments, looks like most of you amateurs have entered at 18.50 or 19.00 and now foolishly hoping for it to go up like EXPO. Let me indulge you guys for fun.

I am not going to argue with simpleminded (previous fixed deposit guys) like you, let the market price of the share reflect the true position of the share. Then lets talk.

Net assets: 5.56 = trading over 3 times NAV
PE : trading at 10.1

GLAS Sept 2020 - 4.50
GLAS Dec 2020 - 9.50 ( Take over announcement)
GLAS Mar 2021 - 11.60 ( Take over price)
GLAS Oct 2021 - 13.20
GLAS Nov 2021 - 16.20

The price appreciation has already happen at 260% a year. For it to appreciate to the levels you guys are saying is absolute nonsense.

Normal investor will look at an increase in revenue and profits and then decide to buy, guys like you will simply purchase on speculative assumptions such as EXPO shot so glass also must shoot.

NEWS FLASH, GLAS has had a monopoly in Sri Lanka for the last decade, its not a new development.

Unless you find another (Previous fixed deposit) novice investor like yourself who will buy like a fool. You will have a hard time trying to find a greater fool to offload your shares purchased at 18.50 and 19.00 levels.

yes all that sounds very nice on paper but lets see the practical results after implementation of the digital what not. Often words do not mean nothing only results matter in the corporate world.

Let the bottom line speak, the share price will automatically adjust based on the bottom line performance of company. Lets see who is right and who is wrong then.

Rizna · 15 Re: Hidden Gem - GLAS - 40/- Soon Fri Nov 26, 2021 7:37 pm

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[size=32]With American investment Giant Blackstone being behind, that price growth would be instant.[/size]
[size=32]Who ever thought Expo which is in a very competitive industry , stagnating at 3-4 levels would touch 2 hundreds in a flash.[/size]
[size=32]Compared, Glass is the only glass manufacturer in SL and part of near monopoly in the world.[/size]
[size=32]Raw material is sourced from within the country, unlike import dependent dollar issue affected, for example, Alluminium industry or virtually no or minimal value addition of graphite industry in SL. Blackstone is reported to have made recently, 7 times the acquisition price in a sale of one of its entities. Increasingly environment concerned future world will favor Glass.[/size]
[size=32]So, immediate, a very big price appreciation would happen at any time.[/size]

Rizna · 16 Re: Hidden Gem - GLAS - 40/- Soon Fri Nov 26, 2021 8:26 pm

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Putha Chamath
I also thought like you for over a decade after I first started trading in the market in late 80s.
I started my trade with 300 shares of Pugoda Textiles from its IPO and made a big profit. Then bought MBSL at 50s and DFCC at 500 a share and made big profits within days.
I also thought I am the man and others are novices.
After burning my fingers uncountable Times now I am settled and careful making comments on stocks.
Sri Lankan market is not behaving on grounds we depict on charts and accounts.if so, there cannot be one or two who suddenly come out of nowhere and occupy the top seat within a couple of days while the real HERO is stagnating. For a lasting journey , it has to be slow and steady. Glass shows it backed by one of the leading venture capital companies in the world with other strengths I mentioned in my earlier post , which many current big players lacking. The bubbles will only leave indelible negative marks in one’s carrier

C.THARANGA · 17 Re: Hidden Gem - GLAS - 40/- Soon Fri Nov 26, 2021 8:35 pm

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@chamth1980,,

funny analysis, YOU compare NAV. YOU haven't answered earlier you highlighted fake areas. before you analysis NAV, go and check other potential upward counters NAV like EXPO, CTC, LLUB. CTC, & LLUB BOTH stocks dividends counters. EXPO is rapidly growing its price with its potential value, even though it's NAV, 21 OR Some amount, it now traded 10 times higher current level. don't be fool,, we all understand your hidden agenda here..

i remember that one of guy was here like "KALI" HE also act as like these, you are really idiot, bcoze, no knowledge company profile and as well as co. ongoing organic & inorganic development gobal segment.. like you guys, i saw earlier try to spread fakes.. and collect shares lowest. recently ETF comeback top 20 list. before comments here go and read company what they are doing, which are their export destination countries. when we see your profile too new,, go and see earlier people wrote genuine comments, like your people also spread negative new without proper knowledge.. old ppl know like you ppl intension. shame.

invest thinker · 18 Re: Hidden Gem - GLAS - 40/- Soon Fri Nov 26, 2021 9:38 pm

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LAMDA · 19 Re: Hidden Gem - GLAS - 40/- Soon Fri Nov 26, 2021 11:29 pm

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I here to new.. tdy logging. But actually truths, brk tried any ways collect majority qtys at lowest. my personally heard that news.. earlier say's, target 60 levels.. I don't know how they playing which news behind story..

Last press release promised to share holders, they trying to address new global liquor segments as well major transformation of production line with digital analytical tools. Everyone' known wilder range of USA, Europe mkt.. they easily reaching those mkt using past clint network (Gerresheimer Co ).

PGP GLAS in world top 10 largest glass making co. Don't forget!! Blackstone is USA based largest pvt equity fund. GLAS will heating up end of December.

Eranga87 · 20 Re: Hidden Gem - GLAS - 40/- Soon Sun Nov 28, 2021 1:09 pm

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https://www.theguardian.com/business/2021/nov/26/oil-prices-plunge-as-new-covid-variant-spooks-markets

https://www.reuters.com/markets/commodities/oil-skids-concerns-rising-surplus-q1-2021-11-26/

invest thinker · 21 Re: Hidden Gem - GLAS - 40/- Soon Sun Nov 28, 2021 1:18 pm

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YEAH ,, crude oil few moths biggest lowest. good for manufacturing companies.

C.THARANGA · 22 Re: Hidden Gem - GLAS - 40/- Soon Mon Nov 29, 2021 11:18 am

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will see next year , GLAS will trade over 30 alien

LAMDA · 23 Re: Hidden Gem - GLAS - 40/- Soon Sun Dec 05, 2021 10:45 pm

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It will heat up.
https://www.easypolls.net/poll.html?p=61ac64d2e4b04db784c22ee5&fbclid=IwAR3oduzXJ7MaIxQxALqxkjAJA3Z33abZnB1u6IqtCGEPF6NOyCAcqwRJlBQ#.YaxkXWRf3yU.facebook

smallinvestor · 24 Re: Hidden Gem - GLAS - 40/- Soon Mon Dec 06, 2021 1:29 pm

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Slow and steady.

Chithi · 25 Re: Hidden Gem - GLAS - 40/- Soon Mon Dec 06, 2021 1:37 pm

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GLAS looks very promising today

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Hidden Gem - GLAS - 40/- Soon

1 Hidden Gem - GLAS - 40/- Soon Tue Nov 23, 2021 11:28 pm

Peris.G

2 Re: Hidden Gem - GLAS - 40/- Soon Wed Nov 24, 2021 9:23 am

Chamath1980

3 Re: Hidden Gem - GLAS - 40/- Soon Thu Nov 25, 2021 3:28 am

Rizna

4 Re: Hidden Gem - GLAS - 40/- Soon Thu Nov 25, 2021 8:01 am

Chithi

5 Re: Hidden Gem - GLAS - 40/- Soon Thu Nov 25, 2021 2:04 pm

Nandun

6 Re: Hidden Gem - GLAS - 40/- Soon Thu Nov 25, 2021 2:36 pm

thankrishan

7 Re: Hidden Gem - GLAS - 40/- Soon Thu Nov 25, 2021 6:35 pm

Rizna

8 Re: Hidden Gem - GLAS - 40/- Soon Thu Nov 25, 2021 11:03 pm

Eranga87

9 Re: Hidden Gem - GLAS - 40/- Soon Thu Nov 25, 2021 11:09 pm

Eranga87

10 Re: Hidden Gem - GLAS - 40/- Soon Fri Nov 26, 2021 10:16 am

Chamath1980

11 Re: Hidden Gem - GLAS - 40/- Soon Fri Nov 26, 2021 12:59 pm

Eranga87

12 Re: Hidden Gem - GLAS - 40/- Soon Fri Nov 26, 2021 1:10 pm

invest thinker

13 Re: Hidden Gem - GLAS - 40/- Soon Fri Nov 26, 2021 1:23 pm

C.THARANGA

14 Re: Hidden Gem - GLAS - 40/- Soon Fri Nov 26, 2021 5:09 pm

Chamath1980

15 Re: Hidden Gem - GLAS - 40/- Soon Fri Nov 26, 2021 7:37 pm

Rizna

16 Re: Hidden Gem - GLAS - 40/- Soon Fri Nov 26, 2021 8:26 pm

Rizna

17 Re: Hidden Gem - GLAS - 40/- Soon Fri Nov 26, 2021 8:35 pm

C.THARANGA

18 Re: Hidden Gem - GLAS - 40/- Soon Fri Nov 26, 2021 9:38 pm

invest thinker

19 Re: Hidden Gem - GLAS - 40/- Soon Fri Nov 26, 2021 11:29 pm

LAMDA

20 Re: Hidden Gem - GLAS - 40/- Soon Sun Nov 28, 2021 1:09 pm

Eranga87

21 Re: Hidden Gem - GLAS - 40/- Soon Sun Nov 28, 2021 1:18 pm

invest thinker

22 Re: Hidden Gem - GLAS - 40/- Soon Mon Nov 29, 2021 11:18 am

C.THARANGA

23 Re: Hidden Gem - GLAS - 40/- Soon Sun Dec 05, 2021 10:45 pm

LAMDA

24 Re: Hidden Gem - GLAS - 40/- Soon Mon Dec 06, 2021 1:29 pm

smallinvestor

25 Re: Hidden Gem - GLAS - 40/- Soon Mon Dec 06, 2021 1:37 pm

Chithi

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