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GLAS.N0000 (Piramal Glass Ceylon PLC)

+15
sanjulanka
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GLAS.N0000 (Piramal Glass Ceylon PLC) - Page 2 Empty Re: GLAS.N0000 (Piramal Glass Ceylon PLC)

Mon Nov 30, 2020 7:51 am
Indian management is very frugal when it comes to dividend payouts.
Hope the interested party is not as bad as the current owners.

bjmd wrote:what will impact of glass if indian company sell?

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GLAS.N0000 (Piramal Glass Ceylon PLC) - Page 2 Empty Re: GLAS.N0000 (Piramal Glass Ceylon PLC)

Mon Nov 30, 2020 10:47 am
කිත්සිරි ද සිල්වා wrote:Indian management is very frugal when it comes to dividend payouts.
Hope the interested party is not as bad as the current owners.

bjmd wrote:what will impact of glass if indian company sell?

GLAS is one of the best in terms of dividend policy in my opinion. They have a strict payout ratio of 50%. Not many companies have a policy like that.

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GLAS.N0000 (Piramal Glass Ceylon PLC) - Page 2 Empty Re: GLAS.N0000 (Piramal Glass Ceylon PLC)

Fri Dec 11, 2020 2:46 pm
Important Notification.

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GLAS.N0000 (Piramal Glass Ceylon PLC) - Page 2 Empty Re: GLAS.N0000 (Piramal Glass Ceylon PLC)

Fri Dec 11, 2020 4:56 pm
*GLAS - Sale and purchase agreement*

Piramal Glass Ceylon PLC has entered into a sale and purchase agreement with, _inter alia_, Piramal Glass Pvt Ltd (“Seller”) and Pristine Glass Pvt Ltd (“Purchaser”) for the sale and purchase of 536,331,880 shares at a total consideration of LKR 12.98bn (INR 5.16bn).

CAL estimates the transaction price per share to be _c._ LKR 10.4 (unadjusted for the differential in net working capital).

_CAL Research_

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GLAS.N0000 (Piramal Glass Ceylon PLC) - Page 2 Empty Re: GLAS.N0000 (Piramal Glass Ceylon PLC)

Sun Dec 13, 2020 3:20 pm
How is my prediction guys? Very Happy Hope you all have traded to 10+

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GLAS.N0000 (Piramal Glass Ceylon PLC) - Page 2 Empty Re: GLAS.N0000 (Piramal Glass Ceylon PLC)

Sun Dec 13, 2020 5:44 pm
Sadly, I missed the bus. Sad

smallville wrote:How is my prediction guys? Very Happy Hope you all have traded to 10+

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GLAS.N0000 (Piramal Glass Ceylon PLC) - Page 2 Empty Re: GLAS.N0000 (Piramal Glass Ceylon PLC)

Sun Dec 13, 2020 10:43 pm
කිත්සිරි ද සිල්වා wrote:Sadly, I missed the bus.  Sad

smallville wrote:How is my prediction guys? Very Happy Hope you all have traded to 10+

You have got off the bus too early ne Very Happy

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GLAS.N0000 (Piramal Glass Ceylon PLC) - Page 2 Empty Re: GLAS.N0000 (Piramal Glass Ceylon PLC)

Sun Dec 13, 2020 11:01 pm
Yes, but I want to re-entre at around 9.80 and by the time I made up my mind, the rally has already started. So I decided otherwise.
එක හීනෙන් එලිවෙන්නේ නැහැ කියලා සිංහලෙන් කියනවනේ.  bounce

The Invisible wrote:
කිත්සිරි ද සිල්වා wrote:Sadly, I missed the bus.  Sad

smallville wrote:How is my prediction guys? Very Happy Hope you all have traded to 10+

You have got off the bus too early ne Very Happy

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GLAS.N0000 (Piramal Glass Ceylon PLC) - Page 2 Empty Re: GLAS.N0000 (Piramal Glass Ceylon PLC)

Mon Dec 14, 2020 6:19 am
මේ කොටස ගැනත් කව් ගී ටිකක් අලුතින් ලිය උනොත් නරකද? I love you I love you
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GLAS.N0000 (Piramal Glass Ceylon PLC) - Page 2 Empty Re: GLAS.N0000 (Piramal Glass Ceylon PLC)

Tue Dec 15, 2020 9:18 am
Will it come up with a Buyback offer soon? Cool

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GLAS.N0000 (Piramal Glass Ceylon PLC) - Page 2 Empty Re: GLAS.N0000 (Piramal Glass Ceylon PLC)

Tue Dec 15, 2020 3:54 pm
Disclosure

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GLAS.N0000 (Piramal Glass Ceylon PLC) - Page 2 Empty Re: GLAS.N0000 (Piramal Glass Ceylon PLC)

Tue Dec 29, 2020 5:02 pm
Is that valid still ? with the trend and Indian Piramal News

smallville wrote:I'm seeing a possible Symmetrical triangle breakout on GLAS at 8.50/-. If volume support comes at this juncture with more than 5 mil being traded, GLAS can break 9.0 and reach 10 levels. More volumes above 10 means 11-13 targets can be achieved.

Volumes gradually decreased past few days in the consolidation period. if Monday more than 5 Mil volume traded, most probably 9.0 can be broken.


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GLAS.N0000 (Piramal Glass Ceylon PLC) - Page 2 Empty Next week has to be a GLAS week!

Thu Jan 14, 2021 9:14 pm
Next week has to be a GLAS week!
Looking at fundamentals and potentials GLAS can reach new heights!
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GLAS.N0000 (Piramal Glass Ceylon PLC) - Page 2 Empty Re: GLAS.N0000 (Piramal Glass Ceylon PLC)

Thu Jan 14, 2021 9:19 pm
Some are trying to Pump Manufacturing sector now. Shocked
So be careful.
hammurabi wrote:Next week has to be a GLAS week!
Looking at fundamentals and potentials GLAS can reach new heights!

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GLAS.N0000 (Piramal Glass Ceylon PLC) - Page 2 Empty Re: GLAS.N0000 (Piramal Glass Ceylon PLC)

Sat Jan 16, 2021 7:34 am
කිත්සිරි ද සිල්වා wrote:Some are trying to Pump Manufacturing sector now. Shocked
So be careful.
hammurabi wrote:Next week has to be a GLAS week!
Looking at fundamentals and potentials GLAS can reach new heights!

Tell me a few stocks that you think are unfairly high? Smile

කිත්සිරි ද සිල්වා, blacknights, chutiputha and sanjulanka like this post

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GLAS.N0000 (Piramal Glass Ceylon PLC) - Page 2 Empty Re: GLAS.N0000 (Piramal Glass Ceylon PLC)

Sun Jan 17, 2021 1:24 pm
First Guy wrote:
කිත්සිරි ද සිල්වා wrote:Some are trying to Pump Manufacturing sector now. Shocked
So be careful.
hammurabi wrote:Next week has to be a GLAS week!
Looking at fundamentals and potentials GLAS can reach new heights!

Tell me a few stocks that you think are unfairly high? Smile

Observations :

1) FirstGuy has knowledge  to answer his own question. But he doesn't Name.
2)  I see  Others are not naming shares too ( but want to like the
question !!)

WHY is this happening?

~~~~~~~~~~~


ps : I recently spent lot of time to write about a share I think is unfairy
high and very clearly pumped. That share is one direct answer for this question.
Yet, when I put all that effort to explain in detail who commented?  

This forum , one time  use to stand out from others!
It use to warn and discuss about wrong doings at CSE so people
don't fall into traps. People use to support the few who took time
to educate and stand against the wrongs doings!

Now ?

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කිත්සිරි ද සිල්වා, chutiputha and Lalinda like this post

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GLAS.N0000 (Piramal Glass Ceylon PLC) - Page 2 Empty Re: GLAS.N0000 (Piramal Glass Ceylon PLC)

Sun Jan 17, 2021 9:42 pm
slstock wrote:
First Guy wrote:
කිත්සිරි ද සිල්වා wrote:Some are trying to Pump Manufacturing sector now. Shocked
So be careful.
hammurabi wrote:Next week has to be a GLAS week!
Looking at fundamentals and potentials GLAS can reach new heights!

Tell me a few stocks that you think are unfairly high? Smile

Observations :

1) FirstGuy has knowledge  to answer his own question. But he doesn't Name.

My question was in the context of Kithsiri's comment regarding manufacturing sector and specifically in this GLAS thread. I have few manufacturing stocks at present. As per my calculations I don't think any of the ones I hold are unfairly high. So I wanted to know what these stocks were, if any were one I hold, I need to revisit that. I have a very narrow focus now and follow much fewer stocks in detail than I used to. These stocks are at much higher multiples that they had a year ago but there are enough reasons for that fundamentally. I also feel there is further room for share price growth (not GLAS) due to better earnings and better multiples.

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GLAS.N0000 (Piramal Glass Ceylon PLC) - Page 2 Empty Re: GLAS.N0000 (Piramal Glass Ceylon PLC)

Tue Apr 20, 2021 6:55 pm
GLAS gave mandatory offer initially at 11.60/- and was trading at 11.20-11.30/- which means most are looking to accept the offer.

Offer has now been revised up to 11.86/- (+2.2%)

If bought at 11.30/- (now may not be possible) it will give a profit of 3.9% if offer is accepted.

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GLAS.N0000 (Piramal Glass Ceylon PLC) - Page 2 Empty Re: GLAS.N0000 (Piramal Glass Ceylon PLC)

Thu Oct 21, 2021 5:19 pm
PGP Glass Ceylon
GLAS.N0000
Share Price
7 Day
1 Year
16.3
16.4%
136.2%
Investor sentiment improved over the past week
After last week's 16% share price gain to LK₨16.30, the stock trades at a trailing P/E ratio of 11.3x.
·   Average forward P/E is 14x in the Packaging industry in Asia.
·   Total returns to shareholders of 369% over the past three years.

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GLAS.N0000 (Piramal Glass Ceylon PLC) - Page 2 Empty Re: GLAS.N0000 (Piramal Glass Ceylon PLC)

Tue Dec 07, 2021 5:37 pm
PGP Glass Ceylon
GLAS.N0000
Share Price7 Day 1 Year 
18.715.4% 105.5% 
 
Investor sentiment improved over the past week
After last week's 15% share price gain to LK₨18.70, the stock trades at a trailing P/E ratio of 13.4x.
The average forward P/E is 14x in the Packaging industry in Asia.
Total returns to shareholders of 461% over the past three years.

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GLAS.N0000 (Piramal Glass Ceylon PLC) - Page 2 Empty Re: GLAS.N0000 (Piramal Glass Ceylon PLC)

Fri Dec 31, 2021 4:51 am
As manufacturing sector performances are very good we should see the performance of GLAS in line with the sector
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GLAS.N0000 (Piramal Glass Ceylon PLC) - Page 2 Empty PGP Glass Ceylon

Wed Feb 09, 2022 7:05 pm
PGP Glass Ceylon
GLAS.N0000
Share Price 7 Day 1 Year  

17.6        -3.8%          87.2%
 
Now 21% undervalued.

The stock has been flat over the last 90 days.

The fair value is estimated to be LK₨22.26, however, this is not to be taken as a buy recommendation but rather should be used as a guide only.

Revenue has grown by 7.3% per annum over the last 3 years.
Earnings per share have grown by 60% per annum over the last 3 years.

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GLAS.N0000 (Piramal Glass Ceylon PLC) - Page 2 Empty Re: GLAS.N0000 (Piramal Glass Ceylon PLC)

Fri Feb 18, 2022 8:01 am
PGP Glass Ceylon
GLAS.N0000

Share Price  7 Day 1 Year  
17.6         -1.7% 76.0%  

 
Third-quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Third-quarter 2022 results:

EPS: LK₨0.56 (up from LK₨0.40 in 3Q 2021).

Revenue: LK₨2.92b (up 22% from 3Q 2021).

Net income: LK₨534.8m (up 41% from 3Q 2021).

Profit margin: 18% (up from 16% in 3Q 2021). 

The increase in margin was driven by higher revenue.

Revenue exceeded analyst estimates by 1.4%. 

Earnings per share (EPS) missed analyst estimates by 39%.

Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth.

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Fri Feb 18, 2022 6:35 pm
PGP Glass Ceylon
GLAS.N0000

Share Price 7 Day 1 Year  
17.6   -2.2% 76.0% 

 
Upcoming dividend of LK₨0.25 per share

Eligible shareholders must have bought the stock before 25 February 2022.

Payment date: 21 March 2022.

The payout ratio is a comfortable 37% and this is well supported by cash flows.

Trailing yield: 2.8%.

Lower than the top quartile of Sri Lankan dividend payers (5.2%).
Higher than average of industry peers (2.1%).

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GLAS.N0000 (Piramal Glass Ceylon PLC) - Page 2 Empty Re: GLAS.N0000 (Piramal Glass Ceylon PLC)

Thu Feb 24, 2022 6:14 pm
PGP Glass Ceylon
GLAS.N0000

Share Price 7 Day 1 Year  
14.5        -17.6% 46.5%  

 
Investor sentiment deteriorated over the past week

After last week's 18% share price decline to LK₨14.50, the stock trades at a trailing P/E ratio of 9.3x.

The average trailing P/E is 15x in the Packaging industry in Asia.

Total returns to shareholders of 385% over the past three years.

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