#EXPO is now chased after by the parent company must be having a different interest. The price trading and USD/LKR depreciation made #EXPO really undervalued for a foreigner owning company to take advantage and take next steps
Local investors or traders having different underlying reasons and also fabricate number of stories for this. But, what’s important is SG Holdings continue to buy from open market at any price level. Ex- from Rs 178~234
Logistics business is the most lucrative profit generator for SG Holdings and SG has having different objectives with #EXPO in a Global context.
EXPO is a gold mine for SL and CSE which is remitting much needed USD for the country. Also, SL investors is enjoying a DOW J or NASDAQ type share to invest with so much of hot developments exploring global business