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Sri Lanka Equity Forum » Stock Market Talk » Will EXPO & LDEV give a hope for retailers

Will EXPO & LDEV give a hope for retailers

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1 Will EXPO & LDEV give a hope for retailers on Wed Jul 11, 2018 11:58 am

ruwan326

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Will you wait till 2020???????
Will you wait for foreign buying????
A country could not even make a needle.....
A country run by thieves/murders/drug dealers/rapist and etc will make a heaven................
Lets pick some valuable stocks and make some profit Very Happy Very Happy Very Happy Very Happy

DS Wijesinghe


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@ruwan326 wrote:Will you wait till 2020???????
Will you wait for foreign buying????
A country could not even make a needle.....
A country run by thieves/murders/drug dealers/rapist and etc will make a heaven................
Lets pick some valuable stocks and make some profit Very Happy Very Happy Very Happy Very Happy
Absolutely and fully agree with you Ruwan. 

Do not rush in to buying your selected value stock. 

Do not over-pay for your selected stock, however good the company may be. For example, BMW is one of best motor vehicle brands in the world. If  the showroom price of a particular BMW model is Rs. 20 Million why should anyone buy it at Rs. 22 Million. But when the same identical model is available at Rs. 15 Million as a result of a special deal or promo or some other reason, that's the point you should snatch it.

So Determine the discounted price you want to buy the value stock you have selected and patiently wait for the price to drop to that level even if it takes a considerable time . Do not buy based on other's advice or suggestions.

ruwan326

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@ruwan326 wrote:Will you wait till 2020???????
Will you wait for foreign buying????
A country could not even make a needle.....
A country run by thieves/murders/drug dealers/rapist and etc will make a heaven................
Lets pick some valuable stocks and make some profit Very Happy Very Happy Very Happy Very Happy
LDEV cheers cheers



Chairman’s Review



Financial Review
For the year ended March 2018, the Group recorded an impressive
turnover of Rs. 4.7 Billion generating a net profit of Rs. 525.8 Million.
The profit recorded for the previous year was Rs. 24 Million.
The previous year’s dismal performance of the Company
recording a loss of Rs. 36.9 Million was turned around to record
a very commendable net profit of Rs. 270.6 Million. The reversal
of impairment of investment during the financial year was partly
accountable for this change in performance.
We have a sustained commitment for success, in terms of good
performance and overcoming the market challenges with
immediate, appropriate strategy changes.


4 If you miss EXPO here it is again on Wed Jul 11, 2018 7:41 pm

ruwan326

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@ruwan326 wrote:
@ruwan326 wrote:Will you wait till 2020???????
Will you wait for foreign buying????
A country could not even make a needle.....
A country run by thieves/murders/drug dealers/rapist and etc will make a heaven................
Lets pick some valuable stocks and make some profit Very Happy Very Happy Very Happy Very Happy
LDEV cheers cheers



Chairman’s Review



Financial Review
For the year ended March 2018, the Group recorded an impressive
turnover of Rs. 4.7 Billion generating a net profit of Rs. 525.8 Million.
The profit recorded for the previous year was Rs. 24 Million.
The previous year’s dismal performance of the Company
recording a loss of Rs. 36.9 Million was turned around to record
a very commendable net profit of Rs. 270.6 Million. The reversal
of impairment of investment during the financial year was partly
accountable for this change in performance.
We have a sustained commitment for success, in terms of good
performance and overcoming the market challenges with
immediate, appropriate strategy changes.


If you miss EXPO here it is again Very Happy

Chairman’s Message

I am very much pleased to report to our
valued stockholders that the company
had yet another successful year, the Group
maintained the tradition of generating
consistent results. This was achieved
despite difficult market conditions. The
well prepared negotiation with the carriers
and a customer-centric approach were
the main drivers. The Leisure sector too
tabled healthy results for the year under
review. Strong performances from both
sectors enabled Group revenues to cross
the Rs. 70 Bn mark in the year under review,
22% higher than what was reported in the
previous year.
https://cdn.cse.lk/cmt/upload_report_file/1066_1531128211249.pdf

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