The Investor Sentiment - Equity and investments forum for Sri Lankans

Join the forum, it's quick and easy

The Investor Sentiment - Equity and investments forum for Sri Lankans
The Investor Sentiment - Equity and investments forum for Sri Lankans
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting
Search
Display results as :
Advanced Search
Latest topics
Coronavirus UpdatesFri May 21, 2021 11:24 amThe Invisible
Browns Investments updateTue Feb 02, 2021 2:38 pmYin-Yang
ACL CablesWed Dec 30, 2020 7:22 pmsubash
Merry Christmas to AllTue Dec 29, 2020 4:53 pmchutiputha
Trading Journal Sat Dec 12, 2020 11:33 pmxmart
HVA FoodsFri Dec 04, 2020 10:25 amThe Invisible
Tokyo CementMon Nov 23, 2020 9:42 amRajapaksap
Insider Dealings Fri Nov 20, 2020 2:30 ampjrngroup
UML United MotorsTue Nov 10, 2020 8:50 amThe Invisible
Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Go down
stocks hunter
stocks hunter
Top contributor
Top contributor
Posts : 1280
Join date : 2014-03-16

Asiri Hospitals PLC - ASIR Empty Asiri Hospitals PLC - ASIR

Sun Sep 21, 2014 6:50 pm
Message reputation : 100% (2 votes)
Have a closer look for ASIR. High volumes gives us some indication. One of high foreign interested counter during last week. Who knows Softlogic pathirage has some plans to sell a stake to a foreign party at a higher price just to settle the HNB loan taken to purchase ODEL. He is at a profit now with ASIR......... Very Happy

[img][You must be registered and logged in to see this image.][/img]

Foreign purchase was well above Rs5.0mn for the last week.

[img][You must be registered and logged in to see this image.][/img]

Very Happy
HAL9000
HAL9000
Top contributor
Top contributor
Posts : 1402
Join date : 2014-08-11
Location : Colombo

Asiri Hospitals PLC - ASIR Empty Re: Asiri Hospitals PLC - ASIR

Sun Sep 21, 2014 7:41 pm
Pathirage will get money for ODEL when the former ASHA central land at Horton place is sold to Rs. 2.5 billion. ASIR is the direct benificiary of this deal, this is a one reason for renewed interest
HAL9000
HAL9000
Top contributor
Top contributor
Posts : 1402
Join date : 2014-08-11
Location : Colombo

Asiri Hospitals PLC - ASIR Empty Re: Asiri Hospitals PLC - ASIR

Sun Sep 21, 2014 7:55 pm
Message reputation : 100% (1 vote)
Regarding hspital bisiness, ASIR group and NHL are the front line players, before 2005, NHL was the leader of the group, but after acquired by Pathirage, ASIR has gone far, meanwhile NHL management were fooling around with investing non related business like loss making GHLL which really retarded the growth of NHL. However NHL also re entering the game with completing their massive upgrade at the current location and starting their first regional hospital in Negombo within this years. So NHL also into some growth, but we didn't see much appreciation of share price in this counter when compared to ASIR.
This sector usually trades at higher P/E ratio, understandably this sector is at it's steepest rate of growth in next few years to come along with increasing Per capita income and penetration of health insurance schemes.

So I would like to consider both ASIR and NHL as real growth stocks. recently capital alliance brokers issued a strong buy for ASIR considering above factors.
stocks hunter
stocks hunter
Top contributor
Top contributor
Posts : 1280
Join date : 2014-03-16

Asiri Hospitals PLC - ASIR Empty Re: Asiri Hospitals PLC - ASIR

Sun Sep 21, 2014 8:48 pm
Thanks HAL for your information.
pathfinder
pathfinder
Top contributor
Top contributor
Posts : 1450
Join date : 2014-02-23

Asiri Hospitals PLC - ASIR Empty Re: Asiri Hospitals PLC - ASIR

Sun Sep 21, 2014 9:49 pm
Thanks SH and Hal for info
avatar
Future123
Active Member
Active Member
Posts : 1435
Join date : 2014-04-09

Asiri Hospitals PLC - ASIR Empty Re: Asiri Hospitals PLC - ASIR

Sun Sep 21, 2014 11:33 pm
ASIR is trading at Rs.21.50
ASIR has a very low NAV of Rs. 4.62.
Annualized EPS is less than 1/=

Don't you think this is extremely overvalued.
stocks hunter
stocks hunter
Top contributor
Top contributor
Posts : 1280
Join date : 2014-03-16

Asiri Hospitals PLC - ASIR Empty Re: Asiri Hospitals PLC - ASIR

Mon Sep 22, 2014 6:17 am
Future123

Read the posts carefully. What is in your post and what is in my post/HAL's post are two different sides.
avatar
serene
Top contributor
Top contributor
Posts : 4849
Join date : 2014-02-26

Asiri Hospitals PLC - ASIR Empty Re: Asiri Hospitals PLC - ASIR

Mon Sep 22, 2014 8:52 am
Thanks SHs and HALs.
smallville
smallville
Top contributor
Top contributor
Posts : 1871
Join date : 2014-02-23
Location : Trying to figure out..

Asiri Hospitals PLC - ASIR Empty Re: Asiri Hospitals PLC - ASIR

Mon Sep 22, 2014 9:51 am
Looks good to me on Tech.. breaking 23 will tell us more..

[You must be registered and logged in to see this image.]

_________________
I take risks as a Trader and I select stocks based on Tech and daily Cash in/out. Therefore, my methods may not suit u.. so DYO analysis before making any decisions.
Jimmy
Jimmy
Posts : 168
Join date : 2014-02-27
Location : Anuradapura

Asiri Hospitals PLC - ASIR Empty Re: Asiri Hospitals PLC - ASIR

Mon Sep 22, 2014 11:52 am
Thanks Small
stocks hunter
stocks hunter
Top contributor
Top contributor
Posts : 1280
Join date : 2014-03-16

Asiri Hospitals PLC - ASIR Empty Re: Asiri Hospitals PLC - ASIR

Mon Sep 22, 2014 9:37 pm
ASIR Report - Click to View The Research Report by CAL




[You must be registered and logged in to see this image.][You must be registered and logged in to see this image.]" />

Even today foreigners have purchased more than 5.0mn shares.I don't know where this is heading.


Last edited by stocks hunter on Tue Sep 23, 2014 9:15 pm; edited 1 time in total
HAL9000
HAL9000
Top contributor
Top contributor
Posts : 1402
Join date : 2014-08-11
Location : Colombo

Asiri Hospitals PLC - ASIR Empty Re: Asiri Hospitals PLC - ASIR

Mon Sep 22, 2014 9:51 pm
I think foreigners do and follow research report more than locals,and they identify real stocks to invest either value stocks or growth stocks more precisely than many locals.
Ethical Trader
Ethical Trader
Top contributor
Top contributor
Posts : 5568
Join date : 2014-02-28

Asiri Hospitals PLC - ASIR Empty Re: Asiri Hospitals PLC - ASIR

Tue Sep 23, 2014 3:46 pm
Thanks guys.
stocks hunter
stocks hunter
Top contributor
Top contributor
Posts : 1280
Join date : 2014-03-16

Asiri Hospitals PLC - ASIR Empty Re: Asiri Hospitals PLC - ASIR

Tue Sep 23, 2014 6:41 pm
Hello Guys just see the continuous foreign purchases of ASIR. They are collecting massive volumes daily and seems like trend will continue in future as well.


[img][You must be registered and logged in to see this image.][/img]
First Guy
First Guy
Posts : 2580
Join date : 2014-02-22

Asiri Hospitals PLC - ASIR Empty Re: Asiri Hospitals PLC - ASIR

Tue Sep 23, 2014 8:04 pm
ASIR does seem to be attractive many investors. I remember brokers including CAL have recommended a buy, but this does not fit my criteria sadly so I do not hold at present.
smallville
smallville
Top contributor
Top contributor
Posts : 1871
Join date : 2014-02-23
Location : Trying to figure out..

Asiri Hospitals PLC - ASIR Empty Re: Asiri Hospitals PLC - ASIR

Tue Sep 23, 2014 9:43 pm
Watch 23.70 closely.. Its the top resistance..

_________________
I take risks as a Trader and I select stocks based on Tech and daily Cash in/out. Therefore, my methods may not suit u.. so DYO analysis before making any decisions.
Leon
Leon
Top contributor
Top contributor
Posts : 1264
Join date : 2014-03-11

Asiri Hospitals PLC - ASIR Empty Re: Asiri Hospitals PLC - ASIR

Tue Sep 23, 2014 11:01 pm
[You must be registered and logged in to see this link.] wrote:ASIR does seem to be attractive many investors. I remember brokers including CAL have recommended a buy, but this does not fit my criteria sadly so I do not hold at present.

Is it the NAV that bothers you??
First Guy
First Guy
Posts : 2580
Join date : 2014-02-22

Asiri Hospitals PLC - ASIR Empty Re: Asiri Hospitals PLC - ASIR

Tue Sep 23, 2014 11:31 pm
[You must be registered and logged in to see this link.] wrote:
[You must be registered and logged in to see this link.] wrote:ASIR does seem to be attractive many investors. I remember brokers including CAL have recommended a buy, but this does not fit my criteria sadly so I do not hold at present.

Is it the NAV that bothers you??

Not specifically NAV but the high P/E for my taste. I understand it is not much higher than some of the other hospitals and it a good performer, but some part of my mind tells me not to jump in. A lot riding on future performance.
stocks hunter
stocks hunter
Top contributor
Top contributor
Posts : 1280
Join date : 2014-03-16

Asiri Hospitals PLC - ASIR Empty Re: Asiri Hospitals PLC - ASIR

Thu Sep 25, 2014 8:09 pm
Keep an eye on ASIR. Now two times touched the top resistance mentioned by small. Next time will be another JINS. Go through the valuations done by CAL. There strong buy applies for ASIR.
HAL9000
HAL9000
Top contributor
Top contributor
Posts : 1402
Join date : 2014-08-11
Location : Colombo

Asiri Hospitals PLC - ASIR Empty Re: Asiri Hospitals PLC - ASIR

Thu Sep 25, 2014 8:59 pm
In addition to future performance, smart investors are waiting to the former Asha central land sale to happen, Which they are to get an unbelievable capital gain if this happens to the said numbers..
smallville
smallville
Top contributor
Top contributor
Posts : 1871
Join date : 2014-02-23
Location : Trying to figure out..

Asiri Hospitals PLC - ASIR Empty Re: Asiri Hospitals PLC - ASIR

Thu Sep 25, 2014 9:19 pm
What goes down must come up haa Very Happy Very Happy

_________________
I take risks as a Trader and I select stocks based on Tech and daily Cash in/out. Therefore, my methods may not suit u.. so DYO analysis before making any decisions.
Backstage
Backstage
Top contributor
Top contributor
Posts : 3775
Join date : 2014-02-24

Asiri Hospitals PLC - ASIR Empty Re: Asiri Hospitals PLC - ASIR

Thu Sep 25, 2014 11:01 pm
[You must be registered and logged in to see this link.] wrote:What goes down must come up haa Very Happy Very Happy

There is more truth to this now than before. Viagra is available at all ASIR branches.
stocks hunter
stocks hunter
Top contributor
Top contributor
Posts : 1280
Join date : 2014-03-16

Asiri Hospitals PLC - ASIR Empty Re: Asiri Hospitals PLC - ASIR

Fri Sep 26, 2014 6:01 pm
The deal for Rs2.6bn. is going to work out for ASIR.
[You must be registered and logged in to see this link.]
sashimaal
sashimaal
Top contributor
Top contributor
Posts : 5785
Join date : 2014-02-28

Asiri Hospitals PLC - ASIR Empty Re: Asiri Hospitals PLC - ASIR

Fri Sep 26, 2014 6:12 pm
Dear SH,

Can you kindly share it.
Thanks

[You must be registered and logged in to see this link.] wrote: Go through the valuations done by CAL.
stocks hunter
stocks hunter
Top contributor
Top contributor
Posts : 1280
Join date : 2014-03-16

Asiri Hospitals PLC - ASIR Empty Re: Asiri Hospitals PLC - ASIR

Fri Sep 26, 2014 6:51 pm
Message reputation : 100% (1 vote)
CAL Valuations -Visit here

This is in this thread as well. Page No 01. But u can have a look at it once again here.
Back to top
Permissions in this forum:
You cannot reply to topics in this forum