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Thought to open a new thread for PLR.
The fact known to all of us is that the real estate pricing are skyrocketing in Colombo and suburbs in recent past. Giant real estate players like PLR will massively be benefiting as they have good land and other real estate properties' inventory and those can now be sold with a premium margin.
Also real estate related companies may have definite benefit from revaluation and NAV increase due to current rising inflation
You can expect at lest 70% upside from current market price in Q1 2022.
The fact known to all of us is that the real estate pricing are skyrocketing in Colombo and suburbs in recent past. Giant real estate players like PLR will massively be benefiting as they have good land and other real estate properties' inventory and those can now be sold with a premium margin.
Also real estate related companies may have definite benefit from revaluation and NAV increase due to current rising inflation
You can expect at lest 70% upside from current market price in Q1 2022.