- කිත්සිරි ද සිල්වාTop contributor
- Posts : 9679
Join date : 2014-02-23
Age : 66
Location : රජ්ගම
What is ailing PAP ?
Has anyone here had a look at this share lately?
The weather was kind but not so with the movement of the share on the floor.
That was why I was wondering, what is ailing PAP lately.
Experts, over to you.
- chinwiTop contributor
- Posts : 999
Join date : 2014-02-23
Re: What is ailing PAP ?
For PAP EPS will be around 0.25 - 0.30 y/y end of march 2014.
People are waiting to see year end results and do not expect big +ve impact due to drought prevailed for last few months .
I think, due to appearing of el-nino talks, no one is bullish at the moment to collect for next 2-3 qtrs. Sometimes this sector may give unexpected profits to shareholders if rain gods defeat el-nino during coming months.
My position: Hold
- කිත්සිරි ද සිල්වාTop contributor
- Posts : 9679
Join date : 2014-02-23
Age : 66
Location : රජ්ගම
Re: What is ailing PAP ?
Me too on HOLD (Though hold a few in there).
chinwi wrote:Not only PAP, almost all the power sector shares are stagnated.
For PAP EPS will be around 0.25 - 0.30 y/y end of march 2014.
People are waiting to see year end results and do not expect big +ve impact due to drought prevailed for last few months .
I think, due to appearing of el-nino talks, no one is bullish at the moment to collect for next 2-3 qtrs. Sometimes this sector may give unexpected profits to shareholders if rain gods defeat el-nino during coming months.
My position: Hold