RGEM. A real gem in the market

skyfall · 1 RGEM. A real gem in the market Mon Sep 12, 2022 12:19 pm

skyfall

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Market cap is less than Rs 60m
P/E value literally 1.00 yes you read it correct only 1.
Less than 500,000 shares in the market

Last quarter done Rs.5.00 per share.

skyfall · 2 Re: RGEM. A real gem in the market Tue Sep 13, 2022 12:20 pm

skyfall

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RGEM has turned corner very well. Used to be a loss making company. Not anymore.
Illiquid company in the market.

https://www.cse.lk/pages/company-profile/company-profile.component.html?symbol=RGEM.N0000

skyfall · 3 Re: RGEM. A real gem in the market Thu Sep 15, 2022 11:21 am

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Good start to the journey. Not many shares in the market. Government is planning to export $1b worth of gems jewellery this year
Last quarter RGEM done Rs5.00 per share. So if we calculate forward P/E it's about 1.00 !!! I

blindhog · 4 Re: RGEM. A real gem in the market Thu Sep 15, 2022 11:59 am

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Gem & Diamond export hitting above $40m per month. precious metals and jewelleries in demand due to inflationary pressure around the world.

RGEM. A real gem in the market Nu5oiz4R82IAAAAASUVORK5CYII=

RGEM. A real gem in the market Nu5oiz4R82IAAAAASUVORK5CYII=

blindhog · 5 Re: RGEM. A real gem in the market Thu Sep 15, 2022 12:01 pm

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RGEM. A real gem in the market D8fhOogPk5m9AAAAAElFTkSuQmCC

skyfall · 6 Re: RGEM. A real gem in the market Tue Sep 20, 2022 10:25 am

skyfall

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With new clients and newly trained staff RGEM will shine through out next quarters. We can see how nicely they have become a profit making company.
Less than 600k shares in the market.
Share should value over Rs 100 for sure

prabath · 7 Re: RGEM. A real gem in the market Wed Sep 21, 2022 6:55 am

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Yesterday highest volume for this year.Looking good for many more.

Equity Master · 8 Re: RGEM. A real gem in the market Wed Sep 21, 2022 10:28 am

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skyfall wrote:With new clients and newly trained staff RGEM will shine through out next quarters. We can see how nicely they have become a profit making company.
Less than 600k shares in the market.
Share should value over Rs 100 for sure

Last Q report made them EPS near Rs 5, but NAV less than Rs 3 that is long way to go in future. Most of retailers are entering to share, you should careful of management structure of the company. Shocked

skyfall · 9 Re: RGEM. A real gem in the market Wed Sep 21, 2022 12:11 pm

skyfall

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RGEM is not an asset base company. Its main purpose is generating revenue and profits
Last 3 quarters they have gradually increased the profits.
I'm sure the EPS will be higher this quarter
NAV is also increasing from record lows. Since the changes of management their are doing well.

Once this was trading over Rs 150.

blindhog · 10 Re: RGEM. A real gem in the market Wed Sep 21, 2022 12:17 pm

blindhog

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skyfall wrote:RGEM is not an asset base company. Its main purpose is generating revenue and profits
Last 3 quarters they have gradually increased the profits.
I'm sure the EPS will be higher this quarter
NAV is also increasing from record lows. Since the changes of management their are doing well.

Once this was trading over Rs 150.

They are working on it

RGEM. A real gem in the market A6OF3wsCe0vVAAAAAElFTkSuQmCC

blindhog · 11 Re: RGEM. A real gem in the market Wed Sep 21, 2022 12:23 pm

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Equity Master wrote:Last Q report made them EPS near Rs 5, but NAV less than Rs 3 that is long way to go in future. Most of retailers are entering to share, you should careful of management structure of the company.

Management is talking.

RGEM. A real gem in the market G+XP7GPYr6FxgAAAABJRU5ErkJggg==

skyfall · 12 Re: RGEM. A real gem in the market Wed Sep 21, 2022 3:51 pm

skyfall

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Lol. My friend stay away if you not fancy.
Time to time all companies go through hard times.
Best example is Lankem. They are thriving now. It was a company the made losses for many quarters

RGEMs time in future. You can keep your expert ideas to yourself

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RGEM. A real gem in the market

1 RGEM. A real gem in the market Mon Sep 12, 2022 12:19 pm

skyfall

2 Re: RGEM. A real gem in the market Tue Sep 13, 2022 12:20 pm

skyfall

3 Re: RGEM. A real gem in the market Thu Sep 15, 2022 11:21 am

skyfall

4 Re: RGEM. A real gem in the market Thu Sep 15, 2022 11:59 am

blindhog

5 Re: RGEM. A real gem in the market Thu Sep 15, 2022 12:01 pm

blindhog

6 Re: RGEM. A real gem in the market Tue Sep 20, 2022 10:25 am

skyfall

7 Re: RGEM. A real gem in the market Wed Sep 21, 2022 6:55 am

prabath

8 Re: RGEM. A real gem in the market Wed Sep 21, 2022 10:28 am

Equity Master

9 Re: RGEM. A real gem in the market Wed Sep 21, 2022 12:11 pm

skyfall

10 Re: RGEM. A real gem in the market Wed Sep 21, 2022 12:17 pm

blindhog

11 Re: RGEM. A real gem in the market Wed Sep 21, 2022 12:23 pm

blindhog

12 Re: RGEM. A real gem in the market Wed Sep 21, 2022 3:51 pm

skyfall