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Sri Lanka Equity Forum » Stock Market Talk » AUTODROME PLC

AUTODROME PLC

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1 AUTODROME PLC on Thu Apr 26, 2018 7:50 am

shaban


Stock Trader
AUTODROME. Re valuatuon of land and building is in progress. Last valuation (as at 31.03.2013) land value Rs 575,900,000. This time it'll be more than 2times higher. So asset value will go 2times higher.

2 Re: AUTODROME PLC on Thu Apr 26, 2018 9:24 am

visvajith


Equity Analytic
Equity Analytic
@shaban wrote:AUTODROME. Re valuatuon of land and building is in progress. Last valuation (as at 31.03.2013) land value Rs 575,900,000. This time it'll be more than 2times higher. So asset value will go 2times higher.
YES, IT'S IN THE PAGE 7 OF THE QUARTERLY REPORT. THIS TIME THEIR PERFORM IS VERY GOOD. THE PROFIT INCREASED BY 2248.0%.


I THINK THE ASSET VALUE MUST BE OVER 200???

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