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

Latest topics

» McDonald’s අපේ නෙමෙයි අපේ බෝස්ගේ – අබාන්ස් කියයි
by ChooBoy Today at 10:19 am

» AI Assistance for Stock Market Research and Analysis
by ChatGPT Today at 7:12 am

» Comparative Analysis of the Insurance Sector
by God Father Tue Mar 26, 2024 11:46 pm

» Sri Lanka: Why Pay Exorbitant Taxes?
by ChatGPT Tue Mar 26, 2024 10:52 pm

» LANKA CREDIT AND BUSINESS FINANCE PLC (LCBF.N0000)
by K.R Tue Mar 26, 2024 3:15 pm

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by D.G.Dayaratne Tue Mar 26, 2024 9:11 am

» SIYAPATHA FINANACE PLC (SLFL.N0000)
by ChatGPT Tue Mar 26, 2024 7:58 am

» FINANCE AND LEASING SECTOR
by ChatGPT Mon Mar 25, 2024 6:45 am

» LOLC FINANCE PLC (LOFC.N0000)
by ChatGPT Mon Mar 25, 2024 6:36 am

» CIC HOLDINGS PLC (CIC.N0000)
by ChatGPT Mon Mar 25, 2024 6:18 am

» UNION ASSURANCE PLC (UAL.N0000)
by ChatGPT Mon Mar 25, 2024 6:15 am

» First Capital Holdings PLC: Current Financial performance and future outlook
by God Father Sun Mar 24, 2024 10:58 pm

» LankaBizz: Sri Lanka's First ever Artificially Intelligent (AI) Business and Research Assistant
by God Father Sun Mar 24, 2024 7:27 am

» HOTEL AND TRAVEL SECTOR
by ErangaDS Wed Mar 20, 2024 7:22 am

» CIC Holdings Good Times Ahead
by ashan silva Mon Mar 18, 2024 11:00 am

» EPF Fund keep eye on low P/E Shares
by K.R Mon Mar 18, 2024 8:45 am

» SINS - the Tailwind effects of a crisis hit Economy
by Hawk Eye Mon Mar 18, 2024 8:37 am

» Ceylon cold stores
by Hawk Eye Mon Mar 18, 2024 8:25 am

» Asha securities Provide buy signal for CIC
by ddrperera Fri Mar 15, 2024 1:10 am

» CSE ready for another Downtrend?
by D.G.Dayaratne Thu Mar 14, 2024 11:24 am

» LankaLAW Forum : Sri Lanka’s #1 Discussion Platform for Legal Questions and Answers
by blindhog Thu Mar 14, 2024 9:14 am

» Sri Lanka poised to benefit from demand surge for ‘non-China origin’ graphite
by samaritan Wed Mar 13, 2024 1:31 pm

» LOLC hotels
by Maharaja Tue Mar 12, 2024 2:34 pm

» AEL target price ?
by suku502 Mon Mar 11, 2024 11:26 am

» WAPO 200% UP
by LAMDA Sun Mar 10, 2024 10:33 pm

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™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube

Disclaimer
FINANCIAL CHRONICLE™ Disclaimer

The information contained in this FINANCIAL CHRONICLE™ have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein. FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever. Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, FINANCIAL CHRONICLE™ blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

Further the writers and users shall not induce or attempt to induce another person to trade in securities using this platform (a) by making or publishing any statement or by making any forecast that he knows to be misleading, false or deceptive; (b) by any dishonest concealment of material facts; (c) by the reckless making or publishing, dishonestly or otherwise of any statement or forecast that is misleading, false or deceptive; or (d) by recording or storing in, or by means of, any mechanical, electronic or other device, information that he knows to be false or misleading in a material particular. Any action writers and users take in respect of (a),(b),(c) and (d) above shall be their own responsibility, FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental violation of securities laws of any country, damages or loss arising out of the use of this information.


AI Live Chat

You are not connected. Please login or register

RICHARD PIERIS AND COMPANY PLC (RICH.N0000)

+63
Eleven
Great1
Hawk Eye
Runnerx
samaritan
David VKMS
Ruchira sm
sanjulanka
bizniz
Equityinvestor
drunkencub
judecroos
Bakkabwoi
Champ888
Kanishka_2020
Pbv
stockback
100Bill
dhanushkacse
Vishwanarth
Mr. X
Tradewise
DamithAsian
Basu
Value Pick
RJ1010
kottuwa
Promoney
celtic tiger
nish84
subash81
Baba2020
soileconomy
heroxhere
kanchpre
geesura
Win Win
DKbogols
Equity Win
shakthi1974
Zee
sak
hiransilva23
jaya
pra4u
Eranga87
smnsam
Tissa
gihanmig
Nandun
Mithooshan
Lawa
lakymahesh
anges
AsithaDe
thankrishan
EquityPlus
glad
ColomboCSE
wgsaman
dakzsl
Teller
Uaecoindubai
67 posters

Go to page : Previous  1, 2, 3, 4, 5, 6, 7, 8  Next

Go down  Message [Page 2 of 8]

Mithooshan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Thanks for sharing your thoughts with us Teller. Can you please give us an indication as to why you think it is difficult to declare a dividend (may be they will give a script dividend?)

Lawa, do you agree with teller or have a different opinion regarding dividend ?

I see two reasons for your question Gihan,
1) One reason for market price to increase is dividend expectation but when i checked investing.com the peiod on which they provide dividend is different. However, for the last F/Y they have not paid a dividend yet. So it is possible that market price went up with an expectation for dividend soon.

2. They are yet to publish Annual Report for 2019/20 but considering Covid they have reported a descent turnover based on the turnover value mentioned in the disclosure. So another reason could be expectation of a favourable annual report in the coming week.

If Lawa shares his\her views on Tellers’s opinion you will be able get better clarity on the matter.



Last edited by Mithooshan on Sat Aug 22, 2020 7:51 pm; edited 1 time in total

Lawa


Equity Analytic
Equity Analytic

Mithooshan wrote:Thanks for sharing your thoughts with us Teller. Can you please give us an indication as to why you think it is difficult to declare a dividend (may be they will give a script dividend?)

Lawa, do you agree with teller or have a different opinion regarding dividend ?

Gihan based on this thread, the reason for  market price to increase is dividend but when i checked investing.com the peiod on which they provide dividend is different. However, for the last F/Y they have not paid a dividend yet. So it is possible that market price went up with an expectation for dividend soon.
(Not sure whether there was any other reason driving share price to move up)

If Lawa shares his\her views on Tellers’s opinion you will be able get better clarity on the matter.
They'll never give a scrip coz liquidity is already sky high. That's the only issue with this. All of their diversified sectors performed well in the previous quarter. This sudden trend has only one reason IMHO .. DIVIDEND !! 
Cheers ..

Mithooshan likes this post

Mithooshan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Thank you Lawa, oh yes, their liquidity is high indeed so script dividend is out.

44RICHARD PIERIS AND COMPANY PLC (RICH.N0000) - Page 3 Empty Rich ........15/-.......... Fri Sep 11, 2020 5:17 am

Tissa


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Rich will hit 15/-

Tissa


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Will reach 15 very soon.....

smnsam


Senior Equity Analytic
Senior Equity Analytic

still 12.20

Eranga87


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

not now. better move TJL. LMF

Lawa


Equity Analytic
Equity Analytic

14 is the next target. Then 15.

Tissa


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Collection going on........will hit 15 easily

Lawa


Equity Analytic
Equity Analytic

14 target achieved ..bnow 15

KavinduTM and judecroos like this post

pra4u

pra4u
Manager - Equity Analytics
Manager - Equity Analytics

went to 14.50 and dropped to 13.20

is the rally(bubble) over?
any advise on exit price?

Lawa


Equity Analytic
Equity Analytic

pra4u wrote:went to 14.50 and dropped to 13.20

is the rally(bubble) over?
any advise on exit price?
Bubble? It's not a bubble. Price needs to adjust with the market trend plus the dividend date will be announced soon..

jaya


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

Compare with other stocks RICH and VONE just start to run, no worries if board it.

Lawa


Equity Analytic
Equity Analytic

About to break the next price ceiling ..14

Lawa


Equity Analytic
Equity Analytic

Just as predicted..  Very Happy

reyaz likes this post

Tissa


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Today i realized my profit
Brought at 11.9 and sold at 14.9 - 15 level
Next keep on eye EMER sure hit 8-9 range

Lawa


Equity Analytic
Equity Analytic

This will reach up to 18 by the end of this week then  stagnate around 20 for some time.. Highly traded volume signals the price to appreciate more. If this is backed with a good news - a dividend .. 25 is not that far..

Mithooshan likes this post

Tissa


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Better to exit at this level...and again u can buy at 13.5 - 14 level

hiransilva23


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Tissa wrote:Better to exit at this level...and again u can buy at 13.5 - 14 level
It will move today😁😁

Tissa


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

As i said dont hurry to buy @ this level
Wait it will come back to13-14 range

Lawa


Equity Analytic
Equity Analytic

Tissa wrote:As i said dont hurry to buy @ this level
Wait it will come back to13-14 range
Very Happy

sak

sak
Equity Analytic
Equity Analytic

Collect RICH at current levels Very Happy . This will hit 18/- for sure with in 1 month period sunny .

Happy trading ... Very Happy

Cheers .....

Lawa


Equity Analytic
Equity Analytic

As I already predicted in August this share has room to grow more than Rs.30 in the coming days. Fundamentally strong, good financial figures. If it canovercome the liquidation this is one of the hidden gems in the market. Will reach 30 levels with the announcement of dividend.

sak likes this post

Lawa


Equity Analytic
Equity Analytic

Dividend announced .. Another successful prediction ..  cheers cheers

Zee


Equity Analytic
Equity Analytic

😊😊

shakthi1974


Senior Equity Analytic
Senior Equity Analytic

Certainly, RICH had a good consolidation in 13-15 level and I think with dividend announcement and future potential in TEA, RUBBER along with quarterly reports easily could move to Rs.20/- level.
 



















DatePriceOpenHighLowVol.Change %
25-Sep-201514.81514.6439.21K1.35%
24-Sep-2014.815.115.214.82.24M-0.67%
23-Sep-2014.915.315.314.81.58M-0.67%
22-Sep-201514.715.314.76.20M2.74%
21-Sep-2014.613.814.713.62.58M6.57%
18-Sep-2013.713.71413.6461.91K0.00%
17-Sep-2013.713.613.713.4382.05K3.79%
16-Sep-2013.21414.513.21.37M-5.71%
15-Sep-201412.21412.25.06M15.70%

jaya


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

Look for REXP it also reflect same.

Equity Win


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

What is the more risk expo or rich  in this level

Tissa


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Rich is good fundamental counter and already appriciated from 9/- present price is too much to earn capital gain. This my personal view i alrady sold it at 14.9 -15 level and try collect at below 13.5

Tissa


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

When i put my post regarding Rich no one interested to collect at that level. Now lot of people taking abt rich....ha...ha....
If anyone need to get sudden capital gain try to collect EMER...

Sponsored content



Back to top  Message [Page 2 of 8]

Go to page : Previous  1, 2, 3, 4, 5, 6, 7, 8  Next

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