- harieshaTop contributor
- Posts : 1329
Join date : 2014-04-09
[You must be registered and logged in to see this link.] wrote:Good discussion. Unfortunately, CSE is dead for over 3 years with massive negative returns and not sure these ratios are relevant in anyways in a dead market like CSE to make any investment decisions.
There is absolutely no doubt that many shares are trading at more than 50% discount to its fair vale. Eg: LFIN, CDB, VFIN, ALLI, REXP, TKYO, APLA, CFIN, SAMP and many others.
Now the trend is to pick one or two shares a week and push it up and dispose it without any fundamental backing. people who buy before the manipulation wins and people who buy at the end of the manipulation get caught.
First we should have a stable government with a clear vision for the country and economy. Until that happens, it's very unlikely that we come anyway near the valuation of our regional markets.
Keep the spirit guys and hold on to your valuable counters and at some point we will win.
Shall we discussed the shares that were traded on the trend/manipulations which will give us a clear understanding of market psychology. Because, I cannot agree with what is described in the 3rd para. Of cause manipulations are there in any market, it was far less than 2009-2013 era.
- yellow knifeTop contributor
- Posts : 6890
Join date : 2014-03-27
What ever it is my dear writers respect others.
- sereneTop contributor
- Posts : 4849
Join date : 2014-02-26
- Posts : 10
Join date : 2015-06-03
this is the highest Net assets in the company
Price are moving gradually Quarter bu quarter
i hope good fundamental counter for holding portfolio
SL stock any update in this share
- කිත්සිරි ද සිල්වාTop contributor
- Posts : 8940
Join date : 2014-02-23
Age : 63
Location : රජ්ගම
Share Price 7 Day 1 Year
261.5 2.3% 68.8%
First-quarter 2022 earnings released: EPS LK₨14.57 (vs LK₨8.22 in 1Q 2021).
The company reported a solid first-quarter result with improved earnings and revenues, although profit margins were weaker.
First-quarter 2022 results:
Revenue: LK₨675.7m (up 135% from 1Q 2021).
Net income: LK₨61.4m (up 77% from 1Q 2021).
Profit margin: 9.1% (down from 12% in 1Q 2021).
The decrease in margin was driven by higher expenses.
Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth.
I am the wisest man alive, for I know one thing, and that is that I know nothing.