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FINANCIAL CHRONICLE™ » වංශකථාව » Odel slowly inching its way up

Odel slowly inching its way up

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1Odel slowly inching its way up Empty Odel slowly inching its way up Sat Aug 13, 2011 9:05 am

Kithsiri

Kithsiri
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Any particular reason/s for Odel slowly inching its way up to 40 marks?

2Odel slowly inching its way up Empty Re: Odel slowly inching its way up Sat Aug 13, 2011 11:22 pm

positive


Stock Analytic
Stock Analytic
May be a Garment sector rally.When OGL going up,ODEL also will follow it.Or may be ODEL earnings is better than previous Q due to new year.Lets see the ODEL report for this Q.

3Odel slowly inching its way up Empty Re: Odel slowly inching its way up Sat Aug 13, 2011 11:42 pm

player

player
Moderator
Moderator
simultaneous run with OGL,
KURU and ODEL to follow Wink

4Odel slowly inching its way up Empty Re: Odel slowly inching its way up Sun Aug 14, 2011 8:24 pm

Rocky

Rocky
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Kithsiri wrote:Any particular reason/s for Odel slowly inching its way up to 40 marks?

Otara has hired a Supply Chain Specialist for her Team and the need is due to the increase in branches / outlets. One in Wattala is on the way. Working Capital Management, inclusive of finance Costs, inventories and trade creditors needs some attention.
With the new recruit, SCM, Demand & Supply Planningan should improve and more operational efficiencies can be expected in the near future.

The net result would be in the improvement to the bottom line.
50% of the business is from the Col 7 Branch. High percentage of customers are reported to be foreigners. Whether the share price will top 45 again this month is left to be seen.



Last edited by Rocky on Sun Aug 14, 2011 8:25 pm; edited 1 time in total (Reason for editing : spelling)

5Odel slowly inching its way up Empty Re: Odel slowly inching its way up Mon Aug 15, 2011 7:45 pm

player

player
Moderator
Moderator
@player wrote:simultaneous run with OGL,
KURU and ODEL to follow Wink

sister and brother effect Very Happy

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