FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images
All images
CORPORATE PERFORMANCE

Latest topics

» Banking Sector Analysis
by Value Pick Thu Jul 25, 2024 9:24 pm

» Japanese Gratitude to Sri Lanka (日本の感謝)
by God Father Thu Jul 25, 2024 12:13 am

» Maharaja Foods PLC (MFL) - IPO Analysis
by ChooBoy Mon Jul 22, 2024 12:27 am

» කොළඹ කොටස් වෙළඳපොල විශ්ලේෂණය - 2024
by ChooBoy Fri Jul 19, 2024 11:53 am

» Winds of Change: Sri Lanka's Banking Crisis is Stalling Renewable Energy Ambitions of Local Stalwarts of Wind & Solar Power
by God Father Wed Jul 17, 2024 10:11 pm

» Impact of Elections on Colombo Stock Market Sentiment
by Quibit Tue Jul 09, 2024 9:01 am

» LankaBIZ Unveils AI-Driven On-Demand Financial Research and Analysis Service
by Quibit Thu Jul 04, 2024 12:49 pm

» CDB Non voting
by Nandun Sun Jun 30, 2024 9:45 pm

» The Parsi Power Play: How a Small Community of Iranian Parsis are Controling Sri Lanka's US $ 85 billion Economy & 22 Million Population & Politics driving away FDIs
by MalakaDesmond Sun Jun 30, 2024 10:19 am

» Richard Pieris Group: Mismanaged?
by Walbaba Sat Jun 29, 2024 7:04 pm

» සොෆ්ට්ලොජික් හෝල්ඩිංග්ස් පීඑල්සී: අඳුරු අපේක්ෂාවන් සහිත ඉහළ අවදානම් ආයෝජනයක්
by D.G.Dayaratne Tue Jun 25, 2024 5:45 am

» සොෆ්ට්ලොජික් ප්‍රාග්ධනයට වන්දි ගෙවන Share BuyBack නිසා Softlogic ජීවිත රක්‍ෂණය බංකොලොත් වීමේ අවදානමක
by MalakaDesmond Tue Jun 25, 2024 1:49 am

» Softlogic Life insurance face Danger of Bankruptcy due to Share BuyBack that compensate Softlogic Capital
by MalakaDesmond Tue Jun 25, 2024 1:33 am

» Softlogic Holdings PLC: A High-Risk Investment with Bleak Prospects
by MalakaDesmond Tue Jun 25, 2024 12:52 am

» FINANCE AND LEASING SECTOR
by SL-INVESTOR Sat Jun 22, 2024 12:48 am

» HSENID BUSINESS SOLUTIONS PLC (HBS.N0000)
by ErangaDS Wed Jun 19, 2024 9:21 pm

» How will proposed Tax Reforms affect Sri Lankans in 2025
by Quibit Wed Jun 19, 2024 9:27 am

» Falsified accounts and financial misrepresentation at Arpico Insurance PLC (AINS)
by ChooBoy Tue Jun 18, 2024 11:31 pm

» Impact of IMF reforms to Sri Lanka Economy
by D.G.Dayaratne Mon Jun 17, 2024 6:36 pm

» Richard Pieris Finance Ltd continue to endanger the Depositors with negative performance
by ddindika Mon Jun 17, 2024 3:17 pm

» Richard Pieris Exports reports 97% decline in Net Profits
by Biggy Sat Jun 15, 2024 11:26 am

» Do your own Stock Market Research using AI Tools
by Quibit Fri Jun 14, 2024 10:50 am

» What will happen tomorrow?
by cheetah Thu Jun 13, 2024 12:07 pm

CONTRIBUTE
Submit Post

START NEW TOPIC

SHARE LATEST NEWS

ADD EXPERT ARTICLE New

වංශකථාවක් සිංහලෙන් ලියන්න

ADD ECONOMIC UPDATE New

ADD YOUTUBE VIDEO New

SEARCH COMPANIES

REGISTER FREE

ADMIN HELP

INTRODUCE YOURSELF New

ASK A QUESTION
LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US

Send your suggestions and comments

* - required fields
Read FINANCIAL CHRONICLE™ Disclaimer


EXPERT CHRONICLE™

RECOMMENDATIONS

SHARES TO BUY Hot

SHARES TO SELL

SHARES TO HOLD

SHARES TO AVOID

UNDERVALUED SHARES

BLUE CHIPS

SMALL CAPS

PENNY STOCKS

TOP 10 DIVIDEND STOCKS New

LERAN TO TRADE New

MY SHARE PORTFOLIO
MARKET SENTIMENTS & PREDICTIONS
SENTIMENTS»

CHRONICLE™ INDEX New

BULLISH SENTIMENTS

BEARISH SENTIMENTS

PREDICTIONS»

MARKET TOMMORROW Hot

TELLER'S PREDICTIONS

MAHARAJA'S ADVICE Hot

KARUNA'S CHOICE

PLAYER'S PICK OF THE DAY

MALTHA MALINA EXCLUSIVE

කොටස් වෙළඳපොළ2020

OPINION OF IMTIAZ BUHARDEEN

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » RADIANT GEMS INTERNATIONAL PLC (RGEM.N0000)

RADIANT GEMS INTERNATIONAL PLC (RGEM.N0000)

+70
Equity Master
blindhog
skyfall
Lawwa
marusira
gayanath1983
SUSPENS
Hewagak
fireshelter
stockback
BvsB
charith666lk
Ok One
real threat
TIRAN712
Jon_Snow
C S E 2015
A2Z
Yahapalanaya
kumarweerarathne
wisdom79
Teller
Pac-man
manager
peacockman
podda2
EquityChamp
karuna
Shammi Dharshana
nimantha80
ecse
eeyohan
innam
RIO
srilankanmarket
kiwi
SL.Market
lakchamil
mark
manojtharanga
kav4
rmark
dindon1
cse.profit
tpr1983
MY MONEY
Think9
CSE1
bakapandithaya
dhanurrox
MarketResearch
godswen
sak
shihan
Dr.Bubble
prabath
LankanBusiness
danjayanaada
Jana1
smallville
windi5
hello
Gaja
Rajaraam
Jana
sajeethk
advisor
Gainer
stockanalytic
thanujav
74 posters

Go to page : Previous  1, 2, 3 ... 8, 9, 10, 11  Next

Go down  Message [Page 9 of 11]

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

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


Senior Equity Analytic
Senior Equity Analytic

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

RADIANT GEMS INTERNATIONAL PLC (RGEM.N0000) - Page 9 Nu5oiz4R82IAAAAASUVORK5CYII=

blindhog


Senior Equity Analytic
Senior Equity Analytic

RADIANT GEMS INTERNATIONAL PLC (RGEM.N0000) - Page 9 D8fhOogPk5m9AAAAAElFTkSuQmCC

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

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


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

Yesterday highest volume for this year.Looking good for many more.RADIANT GEMS INTERNATIONAL PLC (RGEM.N0000) - Page 9 Captur13

Equity Master


Senior Equity Analytic
Senior Equity Analytic

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 Rolling Eyes

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

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


Senior Equity Analytic
Senior Equity Analytic

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

RADIANT GEMS INTERNATIONAL PLC (RGEM.N0000) - Page 9 A6OF3wsCe0vVAAAAAElFTkSuQmCC

blindhog


Senior Equity Analytic
Senior Equity Analytic

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. Shocked Rolling Eyes
Management is talking. 

RADIANT GEMS INTERNATIONAL PLC (RGEM.N0000) - Page 9 G+XP7GPYr6FxgAAAABJRU5ErkJggg==

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

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

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Under 600,000 shares in the market & more than 150k shares have been changed hands in last 2, 3 days. 
Next quarter results would be even better.  
They did Rs5 profits in last quarter and that their highest in many years. 
Still PE is way under 2 !

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Export earnings from gem and Jewellery has nearly double in August this year compare to August last year.  
Buying pressure has slowly getting into RGEM.

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

September export earnings from gem and jewelleries has also up by nearly 100%.

blindhog


Senior Equity Analytic
Senior Equity Analytic

Looks like precious metals/ gems getting some attention. 

RADIANT GEMS INTERNATIONAL PLC (RGEM.N0000) - Page 9 D8aV+akUf73UAAAAAElFTkSuQmCC

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Another excellent quarter results from RGEM.

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Great results from the underdog.  EPS over Rs10 per quarter

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

No sellers in the market.  If you say PE 5 then this share should trade around Rs 200. However next quarter eps would be higher than this quarter

reyaz

reyaz
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Equity Master wrote:
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 Rolling Eyes

NAV in this type of business (Gems and Jewellery, Automobile and Semi precious stones) usually is half or less than EPS, good businessmen in this industry only need good contacts rather than having toomany assets.

Beyondsenses likes this post

219RADIANT GEMS INTERNATIONAL PLC (RGEM.N0000) - Page 9 Empty Will it continue to grow? Tue May 16, 2023 12:50 am

Raaz


Guest

Do you think this company will continue to grow at this pace for a few quarters atleast?

Equity Research


Guest

Yes please, 
Can you justify the future of RGEM?
Some miracles happened with some stocks like HUNA and KAZOO sometimes ago but without good financials. 
RGEM has now transformed into a new arena but needs more research into this. This received less attention in the market

STOCKY


Guest

True,
This GEM is going to shine soon with new orders received
Collections are going on

CSE1986


Stock Analytic
Stock Analytic

skyfall wrote: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
Last year USD 365.00, after we got IMF money USD come to 250.00. currency rate will effect RGEM?

STOCKY


Guest

Yes slightly. If volumes not increased from Sep. 2023 qtr. to Mar 2023 qtr. how can they increase revenue when there is no big change in exchange rate. Only way is service charge. Do you think that much charge increase?. We dont know that much price hike happened. Should be new business can come. See the market announcements May 2022. The actions taken them.

Future new potentials new markets are big

cnn DOT com/2023/05/19/business/russia-eu-diamond-import-ban-explainer/index

To ur own analysis

STOCKY


Guest

Look

youtube DOT com/watch?v=ZzY2sPesOE8

STOCKY


Guest

90% of word gems and dibamids are cut in India. Most of indian orders will becomed to Sri Lanka

Business Matters | How will West's upcoming sanctions impact India's diamond industry? | The Hindu



Equity Research


Guest

Agreed STOCKY

Equity Research


Guest

Surprised Surprised Surprised

Real Gem


Guest

Don’t talk rubbish if you don’t know the facts
Do you think this company tries to increase the shareholder value?. No
If so why they bought a Motor Car for 18Mn lease when the company’s revenue is less than 18Mn. Did our shareholders ask these questions in the AGM. No our shareholders are worse than street pen-handlers. They go to AGMs to eat Chicken Pie, Butter Cake and the Fish Bun. I saw some were fighting and rushing for these like that they have never eaten these before.
I am working in a Private Lapidary for 14 years now. I know what is happening in these industry companies and what happen to huge margins they earn and where they go off the book records.

Back to RGEM, this company has the potential to make more than 1Bn revenue but I don’t know why we don’t see them in numbers. Our pen-handling share holders should read the Companies Act and learn the RIGHTS of shareholders when a company is not majority held and the actions that they can take to make culprits accountable [Only if there is mismanagement].

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Too many experts in the market. While RGEM keeps on moving. This value over Rs200.

Equity Research


Guest

Yes skyfall

Not only 200 may be 5-8 times of it with the future potentials and new potentials

Disclaimer: This is not a buy sell recommendation. This is just a personal judgment based on supper figures of 10 EPS reported last year assuming it will continue maintain the growth momentum . 

Do your won analysis and get advice before you put your money  tongue Exclamation

Sponsored content



Back to top  Message [Page 9 of 11]

Go to page : Previous  1, 2, 3 ... 8, 9, 10, 11  Next

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » RADIANT GEMS INTERNATIONAL PLC (RGEM.N0000)

Permissions in this forum:
You cannot reply to topics in this forum