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Sri Lanka Equity Forum » Stock Market Talk » ecl new boost

ecl new boost

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1ecl new boost Empty ecl new boost on Tue Sep 06, 2016 5:18 am

thala


Equity Analytic
Equity Analytic
Hard hit ecl has got new boost by mobitel deal. Ecl has been previously shaken with the increased competition caused by doc990 service, while their profits were already eroding
Experts please comment on this deal

2ecl new boost Empty Re: ecl new boost on Tue Sep 06, 2016 6:15 am

troy

troy
Moderator
It will be a disaster for ECL holders if majority assume that the agreed price of Rs 6 per share by Mobitel is the fair value. Not good times for ECL in short term obviously.

3ecl new boost Empty Re: ecl new boost on Tue Sep 06, 2016 8:14 am

EquityChamp

EquityChamp
Moderator
ECL needs time to settle with what Mobitel is going to do. Mobitel will have a strategic plan to compete with doc990. So at the end of the day it will be Mobitel Vs Dialog. If the deal price is 6/- then the market price should adjust towards that. So for the moment better to watch from outside.
Thanks

4ecl new boost Empty Re: ecl new boost on Tue Sep 06, 2016 9:34 am

thala


Equity Analytic
Equity Analytic
Yep I also feel the hopfully if mobitel can show some strategic confidence this will hav good show in the long term.

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