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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Get ready for tomorrow to be RICH by 30.

Get ready for tomorrow to be RICH by 30.

+4
Eleven
dhanushkacse
X
kanishkaecomm
8 posters

Go down  Message [Page 1 of 1]

1Get ready for tomorrow to be RICH by 30. Empty Get ready for tomorrow to be RICH by 30. Wed Dec 29, 2021 7:54 pm

kanishkaecomm

kanishkaecomm
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

🧿 RICH makes you RICH…


All the business verticals will do better in coming years… If you invest now before the board clearance, probably you can get 100% gain in mid 2022.
It is having a bunch of gems like Retail, PVC, Tyre, Exports(REXP), Plantation(KGAL, NAMU, MASK), Insurance(AINS). RICH is the ultimate parent of above listed companies, it is well-positioned to be a beneficiary of rubber products and palm oil export drive.



I would say it is the best conglomerate listed in the bourse, and it should trade PER with JKH, CARG, MELS, HHL, SUN trading PER.


Also, the news about Rubber-related product exports reached $1 billion for the first time. Much awaited benchmark for the industry and providing chemical fertilizers to tea planters by SL Government at concessional price will immediately affect the RICH!

kanishkaecomm

kanishkaecomm
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Get ready for tomorrow to be RICH by 30. Twitte11

X

X
Senior Equity Analytic
Senior Equity Analytic

kanishkaecomm wrote:Get ready for tomorrow to be RICH by 30. Twitte11
In my view, RICH is one of the most supported counter by microeconomic factors. This counter is getting benefits from plantations, retail, and import restrictions and exports as well.

kanishkaecomm likes this post

kanishkaecomm

kanishkaecomm
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Elevated palm oil & rubber prices to boost RICH earnings


The company may offer a healthy NTM dividend yield. NAMU, REXP and KGAL saw their balance sheets improving further due to the enhanced market dynamics.


RICH showcases a great potential to reach an EPS of LKR 2.9 in FY22E (up ~26% YoY) amidst improving retail foot fall, elevated palm oil and rubber prices.


The ’Dream Run’ to continue at the subsidiary level


We expect RICH’s listed subsidiaries NAMU (68% ownership), REXP (84%) and KGAL (79%) to continue its superior performance in 2HFY22E due to favorable market dynamics.


NAMU’s cash position increased to LKR 1.2bn in 1HFY22 driven by elevated palm oil prices.


We also note that in 3Q CPO prices surged to USD 1,280/mt cf. 2QFY22 average price of USD 1,114/mt (15% growth). Therefore, there is a high possibility for NAMU to post a QoQ bottom line growth in 3QFY22E cf. earnings of LKR 552mn in 2QFY22.


KGAL posted a 38% YoY boost in earnings to LKR 159mn in 2QFY22 due to higher rubber prices. We expect this trend to prevail, as budget 2022 had a proposal on restricting rubber imports. Further LKR depreciation too will positively impact rubber, as local rubber prices may adjust inline with global price.


REXP has a strong balance sheet with a cash position of LKR 1.9bn. 1HFY22 EPS stood at LKR 28.1 per share, and we expect this run rate to continue in the second half as well.


Supermarket channels are observing a 37% rise in footfall


As per the Google mobility data, supermarket channels are observing a sharp rise in mobility (with the easing of Covid-19 lockdowns) to 37% in Nov-21 compared to its baseline.


RICH’s modern trade channels via supermarkets will be the winner as consumers make the most of the opportunity to enjoy the shopping experience after prolonged lockdowns and with the festive season around the corner.


Looking at the 1HFY22 EBIT margin profile we believe RICH’s modern trade channels are well-equipped to boost the bottom line of RICH in 3QFY22E.

mah2903 likes this post

dhanushkacse


Equity Analytic
Equity Analytic

Rich is dealing in  highly boosted sectors , Export, Plantation, Super market .
Rich Has potential growth stock

kanishkaecomm likes this post

Eleven

Eleven
Senior Equity Analytic
Senior Equity Analytic

Get ready for tomorrow to be RICH by 30. Screen20

kanishkaecomm likes this post

kanishkaecomm

kanishkaecomm
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

RICH 40+++



*Please drop a like if you believe it will happen!

lalitha, X and Eleven like this post

bkasun


Manager - Equity Analytics
Manager - Equity Analytics

Sure.. It will slowly cruise to 40

Good conglomerate with all profit making verticals and well positioned in local and export markets.

kanishkaecomm likes this post

kanishkaecomm

kanishkaecomm
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

bkasun wrote:Sure.. It will slowly cruise to 40

Good conglomerate with all profit making verticals and well positioned in local and export markets.
Well said! @bkasun

lalitha and Biggy like this post

X

X
Senior Equity Analytic
Senior Equity Analytic

kanishkaecomm wrote:🧿 RICH makes you RICH…


All the business verticals will do better in coming years… If you invest now before the board clearance, probably you can get 100% gain in mid 2022.
It is having a bunch of gems like Retail, PVC, Tyre, Exports(REXP), Plantation(KGAL, NAMU, MASK), Insurance(AINS). RICH is the ultimate parent of above listed companies, it is well-positioned to be a beneficiary of rubber products and palm oil export drive.



I would say it is the best conglomerate listed in the bourse, and it should trade PER with JKH, CARG, MELS, HHL, SUN trading PER.


Also, the news about Rubber-related product exports reached $1 billion for the first time. Much awaited benchmark for the industry and providing chemical fertilizers to tea planters by SL Government at concessional price will immediately affect the RICH!
Get ready for tomorrow to be RICH by 30. Screen24

Biggy likes this post

kanishkaecomm

kanishkaecomm
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

kanishkaecomm wrote:

RICH 40+++




*Please drop a like if you believe it will happen!
RICH is finding a new territory now. Recent movement of its subsidiaries has not yet priced into RICH. Not to forget the mammoth retail business, which is tending to perform well in this festive season.


-#156

kanishkaecomm

kanishkaecomm
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

 Get ready for tomorrow to be RICH by 30. 1f534  ALERT  Get ready for tomorrow to be RICH by 30. 1f534 
RICH Broke The 25 Resistance Yesterday.
Total of 19.818Mn Shares Traded this Week.(Except today)
Collect And Be Rich.

X likes this post

X

X
Senior Equity Analytic
Senior Equity Analytic

Sri Lanka's Industrial Conglomerates AVG P/E Ratio – 13.20


RICH showcases a great potential to reach an EPS of LKR 2.9 in FY22E (up ~26% YoY) amidst improving retail foot fall, elevated palm oil and rubber prices.”


Fair Value Calculation 2.90 × 13.20 = 38.28 (~51.30% Upside Potential)


(SL's Industrial Conglomerates - JKH, VONE, HAYL, HHL, RICH, SPEN, SHL, EBCR, CFLB, RHL, LCEY)

kanishkaecomm

kanishkaecomm
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

⚡ ජනවාරියේ ඉහලින්ම එල්ලේන්නේ නැතුව ටිකක් පහලින් අරන් ලාභ ලබමු!

⚡RICH RCL BIL BRWN EXPO
💎 HAYL VONE ACL ALLI  CIND 
🔥 PACK HBS AEL LFIN AMF 
💎 WATA AGALA ELPL HPL
⚡SEMB ASPH PACK ABL 
💎 SIRA ALUM LALU PARQ 
⚡ GREG KZOO RWSL

https://t.co/6LtCjG2nl4

Antonym likes this post

nish84


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Tomorrow RICH 30++
Next week 49

nish84


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Next week RICH 40+

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics

Rich is one of the best Diversified Holding Now. With its plantation NAMU , KGAL soaring profit, REXP going to double its capacity RICH has become super RICH now. I see great value in RICH.

Antonym likes this post

Vasyan


Manager - Equity Analytics
Manager - Equity Analytics

You guys missing the best stock now ..CFI is the best stock after righs announcement .. it will go like AMF don't miss it it will go over 200/= very illiquid

Antonym likes this post

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