ABANS ELECTRICALS PLC (ABAN.N0000)

KavinduTM · 51 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Mon Feb 17, 2020 12:53 pm

KavinduTM

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venura wrote:But it was around 50 n came to this level during pre election rally. Gain is 100%. So not sure whether it will go further up with present flat mkt.

Yes it was in 50 levels 8 months ago. But watch what happened to ABAN since 2015.
And now they successfully started turn back in 2019. It is not over yet.
Expected EPS for year ended 2020 March is :- 25/=
In 2019 it was 14.50
In 2018 it was 14.25

They are performing well now. There are lot of factors to buy @ current price. Deserves 150+ levels.

Also I expect a dividend of 5/= in 2020.

Teller · 52 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Mon Feb 17, 2020 2:36 pm

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Abans had several manipulations reported earlier. So investors trust is minimum.

bhanu · 53 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Mon Feb 17, 2020 2:49 pm

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Also they have huge inventory of out dated products.. so don't count on their report. Such issues are not visible in reports

Teller · 54 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Mon Feb 17, 2020 3:35 pm

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@bhanu, agree with you, they have created several fake sales in the report, also acquisitions were recorded in abnormal prices. Electronic market gets competition day by day , the final result is trimming the profit

ThilinaM · 55 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Mon Feb 17, 2020 5:11 pm

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i have not done a financial analysis. but there will be dethrace type compitition with singer

KavinduTM · 56 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Tue Feb 18, 2020 1:54 am

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Teller wrote:@bhanu, agree with you, they have created several fake sales in the report, also acquisitions were recorded in abnormal prices. Electronic market gets competition day by day , the final result is trimming the profit

Actually i don't know about the accuracy of report.

But according to them, their performance in 2019 was so good. Yes but ABAN is leading.

KavinduTM · 57 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Tue Feb 18, 2020 1:58 am

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Few financial ratios to understand the value of ABAN

P/E 3.8
P/B 0.34
PEG 0.05

Dividend Yield 3.1%

KavinduTM · 58 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Tue Feb 18, 2020 1:59 am

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KavinduTM wrote:Few financial ratios to understand the value of ABAN

P/E 3.8
P/B 0.34
PEG 0.05

Dividend Yield 3.1%

And i expect more than 3rs dividend in 2020. Mostly it will be 5rs.

bhanu · 59 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Tue Feb 18, 2020 10:59 am

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KavinduTM wrote:

Teller wrote:@bhanu, agree with you, they have created several fake sales in the report, also acquisitions were recorded in abnormal prices. Electronic market gets competition day by day , the final result is trimming the profit

Actually i don't know about the accuracy of report.

But according to them, their performance in 2019 was so good. Yes but ABAN is leading.

It is not about accuracy.. they are showing high inventory value but most of the items are out dated

KavinduTM · 60 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Tue Feb 18, 2020 11:02 am

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bhanu wrote:

KavinduTM wrote:

Teller wrote:@bhanu, agree with you, they have created several fake sales in the report, also acquisitions were recorded in abnormal prices. Electronic market gets competition day by day , the final result is trimming the profit

Actually i don't know about the accuracy of report.

But according to them, their performance in 2019 was so good. Yes but ABAN is leading.

It is not about accuracy.. they are showing high inventory value but most of the items are out dated

That is a big allegation. Are you sure?

Teller · 61 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Wed Feb 19, 2020 7:23 pm

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Again this share can come to below 80 levels. At least we educate members.

KavinduTM · 62 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Wed Feb 19, 2020 7:45 pm

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Teller wrote:Again this share can come to below 80 levels. At least we educate members.

Same this share can jump to 120 levels. At least we encourage members (to good shares).

KavinduTM · 63 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Wed Feb 26, 2020 11:17 pm

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Those who bought @100 don't panic. Best thing to do is collect more at lows and bring down the avg. This is a good share.

Eranga87 · 64 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Wed Feb 26, 2020 11:48 pm

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bhanu wrote:Also they have huge inventory of out dated products.. so don't count on their report. Such issues are not visible in reports

corrected Bhanu, I think better to be patient to buy ABAN wait for one month. the price will come down significantly. don't go to buy it quickly. you can buy ABAN less price in future... wait ... Smile

KavinduTM · 65 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Wed Feb 26, 2020 11:53 pm

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Eranga87 wrote:

bhanu wrote:Also they have huge inventory of out dated products.. so don't count on their report. Such issues are not visible in reports

corrected Bhanu, I think better to be patient to buy ABAN wait for one month. the price will come down significantly. don't go to buy it quickly. you can buy ABAN less price in future... wait ...

Only if your expected downtrend continues. If virus goes critical, not only ABAN, all will come further below. But no one knows the turning point until it will has a sudden turn. So it is better to collect when we know the price deserves higher levels. I don't think this downtrend will last long. Maximum this week.

Eranga87 · 66 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Thu Feb 27, 2020 12:01 am

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at the downtrend market condition, better to collect share and avg. prices. but still, wait some of the time. players are coming before the general election. not now..

KavinduTM · 67 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Thu Feb 27, 2020 12:12 am

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Eranga87 wrote:at the downtrend market condition, better to collect share and avg. prices. but still, wait some of the time. players are coming before the general election. not now..

Yes you are not wrong at all. I understand your view. But with a low TO like we are having these days, trend will be totally changed with in a day. So we will miss the chances. Better to collect at lows which sounds good fundamentally.

Also this is just a special situation which whole world faced. We can't expect this downtrend to be continued.

And my recommendations are not targeted only GE uptrend. They will be good long term investments. It depends on the person to hold or to sell when high and buy again when price drops as there will be always waves.

My opinion is this downtrend will be over soon. Maybe tomorrow. (Actually it is today as it is 12.12 a.m now)

So waiting won't work.

Eranga87 · 68 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Thu Feb 27, 2020 12:29 am

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In my opinion that doesn't sell shares at less price, the market will be positive within a short period. but there are some of the shares that suddenly went to the highest level, better to do not touch them. because of, At market downtrend situation, firstly down at significant amount such shares.. you can identify now which type of shares...

abey · 69 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Wed Sep 16, 2020 7:50 pm

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95

110

abey · 70 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Wed Sep 16, 2020 7:51 pm

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sathye satahana buddiye wimasumata bom

rukshan1234 · 71 keep eye on ABAN... Target price 110 Wed Sep 30, 2020 12:30 pm

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EPS 17 net asset 280 sold ABANS FINANCE share cash rich to balance sheet..and comparing with Regnis more value ,It will reach to over 110 with small quantity of share..

samansilva · 72 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Wed Sep 30, 2020 12:48 pm

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rukshan1234 wrote:EPS 17 net asset 280 sold ABANS FINANCE share cash rich to balance sheet..and comparing with Regnis more value ,It will reach to over 110 with small quantity of share..

yes hidden gem rs.100 is nothing .. Net Asset 280 P/E ratio 5.29

sakuni · 73 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Wed Sep 30, 2020 1:03 pm

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samansilva wrote:

rukshan1234 wrote:EPS 17 net asset 280 sold ABANS FINANCE share cash rich to balance sheet..and comparing with Regnis more value ,It will reach to over 110 with small quantity of share..

yes hidden gem rs.100 is nothing .. Net Asset 280 P/E ratio 5.29

illiquid share high possibility to move like YORK SIL..keep on alert..

abey · 74 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Wed Sep 30, 2020 11:56 pm

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90

100

samansilva · 75 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Fri Oct 02, 2020 11:35 am

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abey wrote:90 100

yes of course one of worth share... Very Happy

Net asset 280...

Eranga87 · 76 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Fri Oct 02, 2020 1:24 pm

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ABAN will reach Rs.100 level easily,
REGNIS will touch Rs.110.

ddrperera · 77 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Thu Oct 08, 2020 12:32 pm

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abey wrote:sathye satahana buddiye wimasumata

next counter collect below 90

abey · 78 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Mon Oct 19, 2020 8:12 pm

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TODAY 92

C.THARANGA · 79 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Mon Nov 09, 2020 8:06 pm

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QUARTERLY FINANCIAL STATEMENT (ABAN.N)

https://cdn.cse.lk/cmt/upload_report_file/1302_1604917407926.pdf

CSE Dimuth · 80 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Sun Nov 15, 2020 9:03 pm

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Lots people talking about ABAN.N. Because still unmoved share. But there was some moment on last Friday. Look like nice horse to ride as still not start to run. As per the market prediction can move till 150/=.

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ABANS ELECTRICALS PLC (ABAN.N0000)

51 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Mon Feb 17, 2020 12:53 pm

KavinduTM

52 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Mon Feb 17, 2020 2:36 pm

Teller

53 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Mon Feb 17, 2020 2:49 pm

bhanu

54 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Mon Feb 17, 2020 3:35 pm

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55 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Mon Feb 17, 2020 5:11 pm

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56 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Tue Feb 18, 2020 1:54 am

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57 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Tue Feb 18, 2020 1:58 am

KavinduTM

58 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Tue Feb 18, 2020 1:59 am

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59 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Tue Feb 18, 2020 10:59 am

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60 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Tue Feb 18, 2020 11:02 am

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61 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Wed Feb 19, 2020 7:23 pm

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62 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Wed Feb 19, 2020 7:45 pm

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64 Re: ABANS ELECTRICALS PLC (ABAN.N0000) Wed Feb 26, 2020 11:48 pm

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