Proof of EXPO being dumped by HNWIs - Wed Jan 26, 2022 9:49 am
chathura123 wrote:My personal view is when market pick up sell slowly your holdings of expo .
One day expo should trade 200-250 level and stagnate there .
With the corrections of logistics ,earnings will be lowering .
Respect your view. However, EXPO has made USD BILLIONS of money during last 2 years which the Co. continues to INVEST in GEOGRAPHIC MARKET EXPANSIONS and ACQUISITIONS.
Hence, forward thinking accounting the POTENTIAL NEW BUSINESS coming from THESE NEW INVESTMENTS would be smart to decide in which price EXPO would trade
Currently, another new development happening with geo political unrest between US & RUSSIA which might further fuel increase in freight rates in coming months together with OMICRON while small dips can occur time to time
All in all, the following are few strong facts which makes EXPO a GIANT in CSE.
#EXPO is PHENOMENAL CO. benefits largely on;
1. C19 & supply shortage
2. Light asset & quick ROI
4. Increased E-COM demand
5. USD/LKR depreciation(92%< earnings in USD
6. Low operational risk since EXPO in 30+ countries
7. No IMPACT on POWER CUTS
No co. in CSE ranked within TOP 50 in GLOBAL BUSINESS in CSE. Even LOLC is NOT
NOTE - Not a BUY/SELL or HOLD RECOMMENDATION. Do your own Research before making an investment decision