GLAS.N0000 (Piramal Glass Ceylon PLC)
- කිත්සිරි ද සිල්වාTop contributor
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Re: GLAS.N0000 (Piramal Glass Ceylon PLC)
Hope the interested party is not as bad as the current owners.
bjmd wrote:what will impact of glass if indian company sell?
- First Guy
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Re: GLAS.N0000 (Piramal Glass Ceylon PLC)
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.
කිත්සිරි ද සිල්වා likes this post
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Re: GLAS.N0000 (Piramal Glass Ceylon PLC)
- The Invisible
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Re: GLAS.N0000 (Piramal Glass Ceylon PLC)
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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- smallvilleTop contributor
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Re: GLAS.N0000 (Piramal Glass Ceylon PLC)
කිත්සිරි ද සිල්වා and Defender like this post
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Re: GLAS.N0000 (Piramal Glass Ceylon PLC)
smallville wrote:How is my prediction guys? Hope you all have traded to 10+
- The Invisible
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Re: GLAS.N0000 (Piramal Glass Ceylon PLC)
කිත්සිරි ද සිල්වා wrote:Sadly, I missed the bus.smallville wrote:How is my prediction guys? Hope you all have traded to 10+
You have got off the bus too early ne
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Re: GLAS.N0000 (Piramal Glass Ceylon PLC)
එක හීනෙන් එලිවෙන්නේ නැහැ කියලා සිංහලෙන් කියනවනේ.
The Invisible wrote:කිත්සිරි ද සිල්වා wrote:Sadly, I missed the bus.smallville wrote:How is my prediction guys? Hope you all have traded to 10+
You have got off the bus too early ne
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Re: GLAS.N0000 (Piramal Glass Ceylon PLC)
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Re: GLAS.N0000 (Piramal Glass Ceylon PLC)
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Re: GLAS.N0000 (Piramal Glass Ceylon PLC)
- chutiputhaTop contributor
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Re: GLAS.N0000 (Piramal Glass Ceylon PLC)
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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- hammurabi
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Next week has to be a GLAS week!
Looking at fundamentals and potentials GLAS can reach new heights!
- කිත්සිරි ද සිල්වාTop contributor
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Re: GLAS.N0000 (Piramal Glass Ceylon PLC)
So be careful.
hammurabi wrote:Next week has to be a GLAS week!
Looking at fundamentals and potentials GLAS can reach new heights!
- First Guy
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Re: GLAS.N0000 (Piramal Glass Ceylon PLC)
කිත්සිරි ද සිල්වා wrote:Some are trying to Pump Manufacturing sector now.
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?
කිත්සිරි ද සිල්වා, blacknights, chutiputha and sanjulanka like this post
- slstockVeteran
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Re: GLAS.N0000 (Piramal Glass Ceylon PLC)
First Guy wrote:කිත්සිරි ද සිල්වා wrote:Some are trying to Pump Manufacturing sector now.
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?
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 ?
කිත්සිරි ද සිල්වා, chutiputha and Lalinda like this post
- First Guy
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Re: GLAS.N0000 (Piramal Glass Ceylon PLC)
slstock wrote:First Guy wrote:කිත්සිරි ද සිල්වා wrote:Some are trying to Pump Manufacturing sector now.
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?
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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- First Guy
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Re: GLAS.N0000 (Piramal Glass Ceylon PLC)
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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Re: GLAS.N0000 (Piramal Glass Ceylon PLC)
PGP Glass Ceylon | ||||||||||||||
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- කිත්සිරි ද සිල්වාTop contributor
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Re: GLAS.N0000 (Piramal Glass Ceylon PLC)
PGP Glass Ceylon | ||||||||||||||||
GLAS.N0000 | ||||||||||||||||
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- soileconomy
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Re: GLAS.N0000 (Piramal Glass Ceylon PLC)
- කිත්සිරි ද සිල්වාTop contributor
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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.
- කිත්සිරි ද සිල්වාTop contributor
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Re: GLAS.N0000 (Piramal Glass Ceylon PLC)
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.
- කිත්සිරි ද සිල්වාTop contributor
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Re: GLAS.N0000 (Piramal Glass Ceylon PLC)
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%).
- කිත්සිරි ද සිල්වාTop contributor
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Re: GLAS.N0000 (Piramal Glass Ceylon PLC)
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.