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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Hidden Gem - GLAS - 40/- Soon

Hidden Gem - GLAS - 40/- Soon

+9
C.THARANGA
invest thinker
Eranga87
thankrishan
Nandun
Chithi
Rizna
Chamath1980
Peris.G
13 posters

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

Peris.G


Equity Analytic
Equity Analytic

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/-

invest thinker and LAMDA like this post

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

Chamath1980


Stock Trader

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 ?

sandamal and Nandun like this post

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

Rizna


Equity Analytic
Equity Analytic

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.

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

Chithi


Manager - Equity Analytics
Manager - Equity Analytics

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.

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

Nandun


Manager - Equity Analytics
Manager - Equity Analytics

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

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

thankrishan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

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

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

Rizna


Equity Analytic
Equity Analytic

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.

svkiruba8@gmail.com, Eranga87 and invest thinker like this post

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

Eranga87


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Hidden Gem - GLAS - 40/- Soon  Untitl12

Chithi and LAMDA like this post

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

Eranga87


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

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.

Chithi and LAMDA like this post

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

Chamath1980


Stock Trader

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.

ADVENTUS dislikes this post

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

Eranga87


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

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.

ADVENTUS and LAMDA like this post

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

invest thinker

invest thinker
Manager - Equity Analytics
Manager - Equity Analytics

@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..

Chithi likes this post

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

C.THARANGA


Manager - Equity Analytics
Manager - Equity Analytics

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..

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

Chamath1980


Stock Trader

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.

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

Rizna


Equity Analytic
Equity Analytic

[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]

Eranga87 and C.THARANGA like this post

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

Rizna


Equity Analytic
Equity Analytic

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

sandamal, Chithi, Eranga87, Nandun, C.THARANGA and LAMDA like this post

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

C.THARANGA


Manager - Equity Analytics
Manager - Equity Analytics

@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.

svkiruba8@gmail.com, Chithi and Eranga87 like this post

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

invest thinker

invest thinker
Manager - Equity Analytics
Manager - Equity Analytics

Hidden Gem - GLAS - 40/- Soon  D1c95a10

svkiruba8@gmail.com, Eranga87 and LAMDA like this post

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

LAMDA


Stock Trader

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.

svkiruba8@gmail.com, Chithi and Eranga87 like this post

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

Eranga87


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Hidden Gem - GLAS - 40/- Soon  26040210

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/

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

invest thinker

invest thinker
Manager - Equity Analytics
Manager - Equity Analytics

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

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

C.THARANGA


Manager - Equity Analytics
Manager - Equity Analytics

will see next year , GLAS will trade over 30 alien

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

LAMDA


Stock Trader

It will heat up.
https://www.easypolls.net/poll.html?p=61ac64d2e4b04db784c22ee5&fbclid=IwAR3oduzXJ7MaIxQxALqxkjAJA3Z33abZnB1u6IqtCGEPF6NOyCAcqwRJlBQ#.YaxkXWRf3yU.facebook
Hidden Gem - GLAS - 40/- Soon  Img_2010Hidden Gem - GLAS - 40/- Soon  Img_2010

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

smallinvestor


Equity Analytic
Equity Analytic

Slow and steady.

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

Chithi


Manager - Equity Analytics
Manager - Equity Analytics

GLAS looks very promising today

LAMDA likes this post

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