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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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Latest topics

» CIFC Dumps to Expand Your Possibilities to Pass Your Exam
Expolanka - Page 2 EmptyFri Jul 19, 2024 10:30 am by faithhharris

» CCS.N0000 ( Ceylon Cold Stores)
Expolanka - Page 2 EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Expolanka - Page 2 EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Expolanka - Page 2 EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Expolanka - Page 2 EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Expolanka - Page 2 EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
Expolanka - Page 2 EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
Expolanka - Page 2 EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
Expolanka - Page 2 EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
Expolanka - Page 2 EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
Expolanka - Page 2 EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
Expolanka - Page 2 EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
Expolanka - Page 2 EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
Expolanka - Page 2 EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
Expolanka - Page 2 EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Expolanka - Page 2 EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
Expolanka - Page 2 EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
Expolanka - Page 2 EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
Expolanka - Page 2 EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
Expolanka - Page 2 EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
Expolanka - Page 2 EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
Expolanka - Page 2 EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
Expolanka - Page 2 EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
Expolanka - Page 2 EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Expolanka - Page 2 EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
Expolanka - Page 2 EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Expolanka - Page 2 EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Expolanka - Page 2 EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
Expolanka - Page 2 EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
Expolanka - Page 2 EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
Expolanka - Page 2 EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
Expolanka - Page 2 EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
Expolanka - Page 2 EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
Expolanka - Page 2 EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
Expolanka - Page 2 EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
Expolanka - Page 2 EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
Expolanka - Page 2 EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Expolanka - Page 2 EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
Expolanka - Page 2 EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
Expolanka - Page 2 EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Expolanka - Page 2 EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Expolanka - Page 2 EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Expolanka - Page 2 EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Expolanka - Page 2 EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
Expolanka - Page 2 EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Expolanka - Page 2 EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
Expolanka - Page 2 EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Expolanka - Page 2 EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Expolanka - Page 2 EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Expolanka - Page 2 EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

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+23
The Alchemist
First Guy
subash
smallville
The Invisible
hammurabi
puliyanam
hariesha
lanka
ruwan326
කිත්සිරි ද සිල්වා
CK
Afourer
KDDND
serene
slstock
Nuinth
Ethical Trader
lachitha
chinwi
Seyon
yellow knife
Leon
27 posters

    Expolanka

    avatar
    serene
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    Expolanka - Page 2 Empty Re: Expolanka

    Post by serene Wed Apr 10, 2019 7:48 am

    ruwan326 wrote:
    hariesha wrote:I received about 1 or 2 week back.

    Thanks hariesha.

    Maybe they lost it in post:D  
    I had bad experience in terms of Dividends in TJL and RCL last year .
    puliyanam
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    Expolanka - Page 2 Empty Re: Expolanka

    Post by puliyanam Wed Jun 19, 2019 3:04 pm

    There is something going on in Expo. Upto June it was 4. then suddenly now close to 5, with increased turnover and Directors buying. No recommendations. Do your own assessment
    hammurabi
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    Expolanka - Page 2 Empty Re: Expolanka

    Post by hammurabi Thu Jun 20, 2019 10:58 am

    puliyanam wrote:There is something going on in Expo. Upto June it was 4. then suddenly now close to 5, with increased turnover and Directors buying. No recommendations. Do your own assessment

    EXPO will probably adjust back to 3.9 - 4.1 at longrun
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    Expolanka - Page 2 Empty Re: Expolanka

    Post by serene Thu Jun 20, 2019 5:50 pm

    One of the excellent run.
    The Invisible
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    Expolanka - Page 2 Empty Expolanka

    Post by The Invisible Wed Aug 07, 2019 6:36 am

    Expolanka profits fall in June quarter

    ECONOMYNEXT- Expolanka Holdings Plc, a logistics and travel firm, said that its net profits for the June quarter fell 38.2 percent to 152.9 million rupees from a year earlier.



    Basic earnings per share was 8 cents. The Expolanka share closed 10 cents lower at 5.90 rupees a share on Tuesday.



    Revenue for the quarter grew 15.1 percent to 22.9 billion rupees from a year earlier, while cost of sales rose 15 percent to 18.3 billion rupees, leading to gross profits rising 15.7 percent to 4.6 billion rupees.



    However, Expolanka Group Chief Executive Hanif Yusoof, in an earnings review, said that there was uncertainty in the logistics industry during the quarter.



    "Volatility and uncertainty fueled by trade protectionism strategies have led to many industry players treading cautiously," he said.



    Finance costs grew 95.9 percent to 107.3 million rupees as the firm adopted the SLFRS 16 accounting standard on leases.



    Due to the new accounting standard, long-term financing and lease payables grew to 2.8 billion rupees by end-June from 1.2 billion rupees at end-March while short-term financing and lease payables grew to 6.6 billion rupees from 4.1 billion rupees.



    Expolanka's logistics sector profits for the quarter grew 10 percent from a year earlier to 370 million rupees on revenue which grew 15 percent to 21.8 billion rupees.



    "The volume growth remained stable across all key freight products, with ocean freight performing relatively well during the quarter," Yusoof said.



    Transpacific trade continued to meet expectations, and was supported by the Intra-Asia and Europe trade lanes, he said.



    The firm's leisure sector profits fell 40 percent to 41.6 million rupees while revenue fell 7 percent to 291.7 million rupees.



    The travel industry suffered during the quarter after Sri Lanka was hit by the Easter Sunday attack in April.



    The performance of the leisure sector was slightly muted during the quarter," Yusoof said.



    "A slight recovery in performance was witnessed during the latter part of the period in review," he said.



    "The corporate travel segment of the business continued to remain strong, whilst the inbound and leisure operations had slowed down during the quarter under review." (Colombo/Aug07/2019)
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    Post by lanka Wed Aug 07, 2019 12:01 pm

    Thanks, Invisible
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    Expolanka - Page 2 Empty Re: Expolanka

    Post by ruwan326 Thu Aug 08, 2019 8:28 pm

    Financial Performance- Period ended 30 June 2019


    [You must be registered and logged in to see this image.]
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    Post by Afourer Tue Jan 07, 2020 1:18 am

    Time to exit from EXPO with a loss rather than waiting it to go down further. I hope i am making the correct decision. Jappa should have invested that money somewhere else (even in an FD) so that they would have made decent returns.
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    Post by The Invisible Tue Nov 03, 2020 2:18 pm

    So things are turning a dramatic "U" turn on EXPO. Investors chasing behind the stock ahead of nearby September quarter report. Any one guess with likely result? Can they repeat the same June performance or will they prove that they are a kind of unpredictable company? Now EXPO reached 23/- with 39mn shares traded so far for the day.

    කිත්සිරි ද සිල්වා likes this post

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    Post by smallville Tue Nov 03, 2020 5:05 pm

    Market expectation is over 2.5 bil profits for Sept qtr for EXPO..
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    Post by The Invisible Tue Nov 03, 2020 6:50 pm

    Which means crowd is thinking EXPO can generate more profits than June quarter. My gut feeling is that is a risky speculation !

    slstock likes this post

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    Post by slstock Wed Nov 04, 2020 11:33 am

    EXPO in a nutshell.

    No one wanted it at Rs 2.0.
    But just  after one quarter of special results from COVID benefited flights  
    and some HNW Traders getting into it,Brokers pushing it
    and Sea Gulls chasing Trawlers ( made post on it on my FB page)
    now it is the wonder share!

    Are their other sectors doing well?
    What happens when this COVID benefit  flights stop giving big income?
    What happens to the people who hold this so high at the end of this run,
    once their  expected EPS/profits go down ( as they can't maintain these
    high profits forever).

    Amazingly, a Rs 2  EXPO some months ago is more in  price now( Rs 23)
    than COCR at Rs 22  which is earning  several time   eps as EXPO.

    It is more than PLC too.
    Gives dividend % more than EXPO.

    COCR Asset value is also multiple times of EXPO.
    PLC is also the same.
    ( yes these are not in the same sector but am  point a fact).

    Once COCR was Rs 70 and people were pushing it to Rs 100.
    Now at Rs 22 no one wants COCR.
    No one wants PLC at Rs 12
     
    But they want EXPO. WHY?

    This is an example to show the quality of lack of REAL Investors
    at CSE and how gamblers have taken over to Anna and panna.
    We care about our Tummy fill for today! Who cares tomorrow.

    Cycle repeats. I only hope there won't be any people like that person
    who got caught to buy BLI at Rs150 ( now Rs 9+)


    Last edited by slstock on Wed Nov 04, 2020 12:23 pm; edited 2 times in total

    කිත්සිරි ද සිල්වා, The Alchemist, Danidu and pjrngroup like this post

    කිත්සිරි ද සිල්වා
    කිත්සිරි ද සිල්වා
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    Post by කිත්සිරි ද සිල්වා Wed Nov 04, 2020 12:16 pm

    We are a nation of never learning from our own past mistakes.
    We are a nation of waiting for free handouts (Eric Cantona theory),
    We are a nation capable of blaming others for our own failures.
    So, how can CSE be any different?

    slstock and Danidu like this post

    slstock
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    Post by slstock Wed Nov 04, 2020 12:20 pm

    කිත්සිරි ද සිල්වා wrote:We are a nation of never learning from our own past mistakes.
    We are a nation of waiting for free handouts (Eric Cantona theory),
    We are a nation capable of blaming others for our own failures.
    So, how can CSE be any different?

    That why I dedicated 10 years of my life , writing 10000s of posts
    with ZERO benefit to educate the new geenration atleast for betetr future.

    ps : Atleast I am geting some traction over Facebook over the posts as
    many people read them ( whether they follow the morals or not
    is not an issue for me. If even 1 changes attitude, that better than nothing
    for CSE and SL future. 1 step is better than no step.
    If I die, I die trying !

    කිත්සිරි ද සිල්වා and Danidu like this post

    කිත්සිරි ද සිල්වා
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    Post by කිත්සිරි ද සිල්වා Wed Nov 04, 2020 12:29 pm

    I have been trying to encourage a youngster (not even reached 18 years yet) to invest in the stock market from a very early age.
    But he wants to try Trading first.
    I think most of the younger generation thinks differently.
    There is nothing wrong with thinking differently but before anyone trying to think out of the box, they should learn the basics.
    Money should not be your primal driving force or motivation.


    slstock wrote:
    කිත්සිරි ද සිල්වා wrote:We are a nation of never learning from our own past mistakes.
    We are a nation of waiting for free handouts (Eric Cantona theory),
    We are a nation capable of blaming others for our own failures.
    So, how can CSE be any different?

    That why I dedicated 10 years of my life , writing 10000s of posts
    with ZERO benefit  to educate the new geenration atleast for betetr future.

    ps : Atleast I am geting some traction over Facebook over the posts as
    many people read them ( whether they follow the morals or not  
    is not an issue for me.  If even  1 changes attitude, that better than nothing
    for CSE and SL future. 1 step is better than no step.
    If I die, I die trying!

    Danidu likes this post

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    Post by slstock Wed Nov 04, 2020 12:48 pm

    So he doesn't listen huh?
    Let him lose his Parents money eventually ( I presume he doesn't trade with his own ) and learn the lesson.


    But for what its worth Tell him to read

    1) this post

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

    Maybe it will open hi eys about how
    REEF went from Rs 100 to Rs 9
    DPL from Rs 150 to Rs 9
    KOTA from Rs 170 to Rs 7
    etc.

    2) ESPECIALLY= THE COMMENTS  I MADE UNDER NISHANTHA's on the same post.  It Talks about  difference of Anna Panna small share games and value share investment

    If that Kid has some MORALS at all he will understand the difference.
    Else its better to find another Kid to add values than wasting time with the stubborn.

    ps : Btw Trading is fine as long as it is ethical. I trade too.


    කිත්සිරි ද සිල්වා wrote:I have been trying to encourage a youngster (not even reached 18 years yet) to invest in the stock market from a very early age.
    But he wants to try Trading first.
    I think most of the younger generation thinks differently.
    There is nothing wrong with thinking differently but before anyone trying to think out of the box, they should learn the basics.
    Money should not be your primal driving force or motivation.


    slstock wrote:
    කිත්සිරි ද සිල්වා wrote:We are a nation of never learning from our own past mistakes.
    We are a nation of waiting for free handouts (Eric Cantona theory),
    We are a nation capable of blaming others for our own failures.
    So, how can CSE be any different?

    That why I dedicated 10 years of my life , writing 10000s of posts
    with ZERO benefit  to educate the new geenration atleast for betetr future.

    ps : Atleast I am geting some traction over Facebook over the posts as
    many people read them ( whether they follow the morals or not  
    is not an issue for me.  If even  1 changes attitude, that better than nothing
    for CSE and SL future. 1 step is better than no step.
    If I die, I die trying!

    කිත්සිරි ද සිල්වා and Danidu like this post

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    Post by Afourer Wed Nov 04, 2020 10:51 pm

    I made a post at the beginning of the year in this same thread, as i was thinking what to do with my 4 plus year old EXPO shareholding. For some reason i did not sell any at that time. So when it hit bottom Rs2, i couldnt buy. Bought some at 2 .50-3.00. When the run started i sold all at 9.50 -10.20. Major chunk is my old stocks. Given the company's annual reports and performance this price was maximum for me. (it reached almost 1.5 times of its book value). So when i did a rough calculation, i have achieved the same profit, had i invested the same money in an FD. At least i rescued my capital. The price beyond 10 for expo is, in my opinion is suicidal (IPO price is 14 if im not mistaken). My advice is dont buy it at 23. (I still remember Emaar Properties came down from AED 30 to AED 4-6 during Dubai crash and did not recover to that original price and heard lots of unpleasant stories of investors)

    කිත්සිරි ද සිල්වා likes this post

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    Post by subash Thu Nov 05, 2020 5:24 pm

    Today reached 25
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    Post by First Guy Fri Nov 06, 2020 6:52 am

    Afourer wrote:I made a post at the beginning of the year in this same thread, as i was thinking what to do with my 4 plus year old EXPO shareholding. For some reason i did not sell any at that time. So when it hit bottom Rs2, i couldnt buy. Bought some at 2 .50-3.00. When the run started i sold all at 9.50 -10.20. Major chunk is my old stocks. Given the company's annual reports and performance this price was maximum for me. (it reached almost 1.5 times of its book value). So when i did a rough calculation, i have achieved the same profit, had i invested the same money in an FD. At least i rescued my capital. The price beyond 10 for expo is, in my opinion is suicidal (IPO price is 14 if im not mistaken). My advice is dont buy it at 23. (I still remember Emaar Properties came down from AED 30 to AED 4-6 during Dubai crash and did not recover to that original price and heard lots of unpleasant stories of investors)  

    First of all I want to be clear that I don't have a view on EXPO but I want to mention something in general.

    Reading the Annual report and analysing is great. In this case the last annual report was for the period ended March 2020. One justifiable fundamental reason for the recent is the future outlook specially helped by the pandemic. During June quarter there was record EPS and the run thereafter could mean that investors are expecting that to further increase. However, sustainability of such earnings is a question. But company seems to have been evolving and growing (https://www.echelon.lk/expolankas-trial-by-pandemic/). A simple rough calculation will tell if you think 10x P/E is fair, then at 25/- EXPO has to make 2.50/- every year. That is 0.62/- every quarter. Is that possible is the question.

    For companies such as these NAV is irrelevant. It is the earnings that will matter. Also IPO price again is meaningless as the company has gone through changes. It is best to look at a company at its present state and the future it holds.

    GREG is similar example. It was not considered a desirable stock specially after it crashed long time back. It went through some changes and it is a different company altogether.

    කිත්සිරි ද සිල්වා, The Alchemist, Afourer, subash, pjrngroup and ShLee like this post

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    Post by The Alchemist Mon Nov 09, 2020 12:54 pm

    what do you all think of 2nd Q Earnings ?
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    Post by subash Mon Nov 09, 2020 4:18 pm

    I don’t think anyone expected this much profit
    If they can maintain at least 1/2 of profit for next few quarters too then good
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    Post by Fireandwater Mon Nov 09, 2020 6:03 pm

    EXPO is in logistics business. Even after covid ends they will have increase in business. 90% of the topline is in $ and comes from overseas. I dont see this as a bad stock now. It has become a value stock to analyze for investment.
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    Post by smallville Mon Nov 09, 2020 8:46 pm

    The Alchemist wrote:what do you all think of 2nd Q Earnings ?

    In 1 qtr EXPO made 1/2 of what JKH's made in a year.. So by December this wil pas JKH's earnings Smile What a turnout?
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    Post by First Guy Mon Aug 09, 2021 8:35 pm

    First Guy wrote:
    Afourer wrote:I made a post at the beginning of the year in this same thread, as i was thinking what to do with my 4 plus year old EXPO shareholding. For some reason i did not sell any at that time. So when it hit bottom Rs2, i couldnt buy. Bought some at 2 .50-3.00. When the run started i sold all at 9.50 -10.20. Major chunk is my old stocks. Given the company's annual reports and performance this price was maximum for me. (it reached almost 1.5 times of its book value). So when i did a rough calculation, i have achieved the same profit, had i invested the same money in an FD. At least i rescued my capital. The price beyond 10 for expo is, in my opinion is suicidal (IPO price is 14 if im not mistaken). My advice is dont buy it at 23. (I still remember Emaar Properties came down from AED 30 to AED 4-6 during Dubai crash and did not recover to that original price and heard lots of unpleasant stories of investors)  

    First of all I want to be clear that I don't have a view on EXPO but I want to mention something in general.

    Reading the Annual report and analysing is great. In this case the last annual report was for the period ended March 2020. One justifiable fundamental reason for the recent is the future outlook specially helped by the pandemic. During June quarter there was record EPS and the run thereafter could mean that investors are expecting that to further increase. However, sustainability of such earnings is a question. But company seems to have been evolving and growing (https://www.echelon.lk/expolankas-trial-by-pandemic/). A simple rough calculation will tell if you think 10x P/E is fair, then at 25/- EXPO has to make 2.50/- every year. That is 0.62/- every quarter. Is that possible is the question.

    For companies such as these NAV is irrelevant. It is the earnings that will matter. Also IPO price again is meaningless as the company has gone through changes. It is best to look at a company at its present state and the future it holds.

    GREG is similar example. It was not considered a desirable stock specially after it crashed long time back. It went through some changes and it is a different company altogether.

    One of my regrets is not exploring EXPO early. It was late when I got in. Old habits die hard perhaps. The market was again right in this case, EXPO is piling on cash these few quarters and the future will depend on how they use that cash. Acquire and grow more?

    I am still cautious as it still is a unknown area for me and have to rely on broker research compared to some other companies.

    කිත්සිරි ද සිල්වා likes this post

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    Post by Backstage Mon Aug 09, 2021 8:45 pm

    I believe it was the acquisition of some US logistic companies last year that added a new revenue stream that was non existent before, while the pandemic cargo bottlenecks driving up prices was just the icing on the cake. Those new revenue streams I believe will continue post pandemic. I bought at 4.50 sold at 9.50, bought again at 24 sold at 38.50. [You must be registered and logged in to see this image.]

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