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pri67ket
Posts : 159
Join date : 2014-10-08

 Is time for TYRE purchse? Empty Is time for TYRE purchse?

on Sun Oct 19, 2014 10:58 pm
Message reputation : 100% (1 vote)
Rubber price is low as we discussed in this forum.
They opened a factory in June.Radial tyre production increased in this financial quarter.
Last quarter 141M(Profit after tax) for 80M shares.
We can expect better profit this quarter.
Is it correct time to buy? Shocked
First Guy
First Guy
Posts : 2545
Join date : 2014-02-22

 Is time for TYRE purchse? Empty Re: Is time for TYRE purchse?

on Mon Oct 20, 2014 7:21 am
Message reputation : 100% (1 vote)
This already came up to 70s from the 40s in rather quick time and now seems to be settling nicely here.

It looks to be a good long term stock. I hold TYRE.

Seems to be managed nicely with a decent dividend being given while most of the profit is retained for expansion.
pathfinder
pathfinder
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Top contributor
Posts : 1450
Join date : 2014-02-23

 Is time for TYRE purchse? Empty Re: Is time for TYRE purchse?

on Fri May 01, 2015 7:42 pm
Message reputation : 100% (5 votes)
TYRE is getting ready for another run,I think it's time to enter now for short term players.
as shown in the chart, upper border of the channel is 95,
If results are good 95 is the short term target. 10 % Very Happy

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serene
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Posts : 4849
Join date : 2014-02-26

 Is time for TYRE purchse? Empty Re: Is time for TYRE purchse?

on Fri May 01, 2015 10:08 pm
Thanks Path.
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Market lover
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Posts : 595
Join date : 2014-10-15

 Is time for TYRE purchse? Empty Re: Is time for TYRE purchse?

on Sat May 02, 2015 12:22 am
Message reputation : 100% (1 vote)
Tks path
කිත්සිරි ද සිල්වා
කිත්සිරි ද සිල්වා
Top contributor
Top contributor
Posts : 8731
Join date : 2014-02-23
Age : 62
Location : රජ්ගම

 Is time for TYRE purchse? Empty Re: Is time for TYRE purchse?

on Sat May 02, 2015 10:27 am
Thanks everyone for the participation.
I was in and out of this and I think now it is time to settle in for long time.
Very Happy

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I am the wisest man alive, for I know one thing, and that is that I know nothing.
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smallville
smallville
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Top contributor
Posts : 1867
Join date : 2014-02-23
Location : Trying to figure out..

 Is time for TYRE purchse? Empty Re: Is time for TYRE purchse?

on Sat May 02, 2015 12:47 pm
Message reputation : 100% (1 vote)
I feel it would come down to 82-84 before moving up..

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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.
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Jana1
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Posts : 625
Join date : 2014-02-23

 Is time for TYRE purchse? Empty Re: Is time for TYRE purchse?

on Sat May 02, 2015 9:09 pm
Message reputation : 100% (1 vote)
I don't know about Tech position of Tyre. Rubber price has bottomed out. Now it is a time to collect some Rubber plantation counters. Dont expect anymore rubber price drop. Drama seems over. Now swinging time I guess.
Backstage
Backstage
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 Is time for TYRE purchse? Empty Re: Is time for TYRE purchse?

on Sun May 03, 2015 5:34 pm
Message reputation : 100% (1 vote)
Jana1 wrote:I don't know about Tech position of Tyre. Rubber price has bottomed out. Now it is a time to collect some Rubber plantation counters. Dont expect anymore rubber price drop. Drama seems over. Now swinging time I guess.
+
Have the stockpiles reduced ?
ruwan326
ruwan326
Posts : 1629
Join date : 2016-09-29
Age : 42
Location : Horana

 Is time for TYRE purchse? Empty Re: Is time for TYRE purchse?

on Sun Jul 28, 2019 7:27 pm
Message reputation : 100% (1 vote)
CEAT launches new radial tyre range
Invests Rs. 350 million for production upgrade


28 July, 2019

CEAT has unveiled a new series of radial tyres in Sri Lanka following an investment of Rs. 350 million to upgrade the quality of a product category that had captured a dominant share of the market.

The improvements, achieved with the installation of new state-of-the-art machinery and the use of new compounds with advanced polymers and new tread patterns, translate to lower tyre noise and vibration and better handling with shorter braking times, a media release from the company stated.

The upgraded tyres have been independently tested and assigned an NVH (Noise, Vibration, Harshness) Index score of 7.5, certifying they are on par with two of the world’s top radial tyre brands, tyre dealers were told at a launch event in Colombo.

“This investment in product improvement is a demonstration of our commitment to our brand slogan – Never Stop Moving – and to the passenger car and SUV category where comfort and safety are key parameters,” CEAT Kelani Holdings Managing Director Ravi Dadlani said.

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serene
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 Is time for TYRE purchse? Empty Re: Is time for TYRE purchse?

on Mon Jul 29, 2019 7:35 am
Tyre seems to be taking some good initatives recently.
Thanks Ruwa for sharing and bumping up old threads.
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