Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum
Poll

SLEF Market Sentiment Indicator

 
 

View results

Latest topics
» If It Doesn't Have A Starbucks, It's A Frontier Market
by VALUEPICK Today at 4:42 am

» NewComer........
by DANIDU Today at 4:37 am

» Listed food and hot beverage stocks
by VALUEPICK Today at 4:35 am

» Gold VS Stocks
by VALUEPICK Today at 4:17 am

» what about tjl....
by DANIDU Today at 4:11 am

» Russian wheat prices fall as harvesting gathers pace
by VALUEPICK Today at 4:09 am

» JKH Prediction....
by kumarweerarathne Today at 3:20 am

» GRAN has valued Rs150 - Rs200 by Asha
by kassachandi Yesterday at 11:40 pm

» watch out..............!!!!!
by chanuka munasingha Yesterday at 11:30 pm

» CLPL W14 ?????????????????
by Ok One Yesterday at 11:26 pm

» JKH Faill 185/=
by Ok One Yesterday at 10:59 pm

» Future of the OSEA
by AUS79 Yesterday at 9:37 pm

» Can MR Win?
by Yahapalanaya Yesterday at 9:16 pm

» AAIC HIGH RISK..........BE CAREFUL
by SLBOY Yesterday at 9:15 pm

» PARQ is a winning Horse!
by Yahapalanaya Yesterday at 9:01 pm

» Penny Stocks -----
by Hewagak Yesterday at 8:37 pm

» Asia Asset Finance (AAF)
by Rich Guy Yesterday at 8:02 pm

» Unofficial news on COCR
by Rich Guy Yesterday at 7:52 pm

» Invitation to a conversation with Harsha De Silva
by peacockman Yesterday at 6:57 pm

» DPL Right Issue
by peacockman Yesterday at 6:52 pm

» GREG.N What happens today???
by Jana Yesterday at 5:42 pm

» DPL.................
by hariesha Yesterday at 5:25 pm

» Political World Preps for Tech-Driven Ad Buying in 2016 Race
by VALUEPICK Yesterday at 5:04 pm

» secter leaders
by dimuthubasd Yesterday at 5:00 pm

» Boost for Ceylon Tea at World Expo 2015 in Milan
by VALUEPICK Yesterday at 12:58 pm

» JVP unveils 2015 election manifesto
by VALUEPICK Yesterday at 12:53 pm

» Sri Lanka's UNP plans 5-point strategy to boost economy, ensure freedoms
by VALUEPICK Yesterday at 12:52 pm

» UPFA manifesto - ‘Certificate guaranteed for the future,’ released
by VALUEPICK Yesterday at 12:49 pm

» @TDLNTV FRIENDS
by Shanthan Lukshanthan Yesterday at 12:36 pm

» SIRA will be sira.
by soileconomy Yesterday at 12:25 pm

» LFIN Result Out - 30.06.2015
by stockback Yesterday at 11:08 am

» LFIN LFIN LFIN
by SUSPENS Yesterday at 10:56 am

» A VERY GOOD TIME TO CSE
by SLBOY Yesterday at 8:38 am

» Thechnical Analysis
by SLBOY Yesterday at 8:09 am

» ALUMEX has any future plane.
by vipunan Yesterday at 7:44 am

» SELL JKH W22
by SLBOY Yesterday at 7:30 am

» JKH - Golden Egg Laying Duck
by peacockman Yesterday at 5:15 am

» AAIC, LIOC, RAL
by TraderCSE Yesterday at 4:43 am

» LWL LWL...........
by Yahapalanaya Thu Jul 30, 2015 11:40 pm

» CCS next gem
by Aubrey Perera Thu Jul 30, 2015 11:25 pm

» Interim results of John Keells Holdings PLC for the three months ended 30 June 2015
by Ok One Thu Jul 30, 2015 10:52 pm

» JKH EARLY MORNING WILL BREAK 200, NOW FOREIGNERS HAVE ENTERED
by wisdom79 Thu Jul 30, 2015 10:10 pm

» JKH sell or hold??
by wisdom79 Thu Jul 30, 2015 9:12 pm

» SHL is another Gem....
by Thushara Ayya Thu Jul 30, 2015 8:05 pm

» SFIN ON FIRE
by Yahapalanaya Thu Jul 30, 2015 7:04 pm

» sfl.n up down
by Yahapalanaya Thu Jul 30, 2015 6:45 pm

» HVA HVA HVA GOOD NEWS 13 IS POSSIBLE.
by SLBOY Thu Jul 30, 2015 5:51 pm

» HVA HVA HVA Game over??
by SLBOY Thu Jul 30, 2015 5:43 pm

» Shell plans for 'prolonged downturn' in oil prices
by Shashini Akasha Thu Jul 30, 2015 4:47 pm

» China stocks hammered as market crash continues
by VALUEPICK Thu Jul 30, 2015 4:12 pm

» Australia to feel the effects as China's growth slows
by VALUEPICK Thu Jul 30, 2015 3:35 pm

» Australia Predicted To Go Into Recession In 2016; RBA Governor Says Recession 'Unlikely'
by VALUEPICK Thu Jul 30, 2015 3:33 pm

» GRAN and TAFL
by peacockman Thu Jul 30, 2015 2:41 pm

» SFIN - Second run
by Beta1 Thu Jul 30, 2015 2:29 pm

» any news about CLND ?????
by SUSPENS Thu Jul 30, 2015 2:26 pm

» Sri Lanka President at Maldives jubilee
by VALUEPICK Thu Jul 30, 2015 2:18 pm

» Sri Lanka exporters urged to be focused and add value: Harsha de Silva
by VALUEPICK Thu Jul 30, 2015 2:17 pm

» Sri Lanka ex-President Mahinda Rajapaksa promises new constitution
by VALUEPICK Thu Jul 30, 2015 2:15 pm

» Sri Lanka's ruling party for a competitive knowledge based economy: Harsha
by VALUEPICK Thu Jul 30, 2015 2:14 pm

» Sri Lanka expat workers, private sector professionals, to get tax free cars, hybrid permits: UPFA Manifesto
by VALUEPICK Thu Jul 30, 2015 2:12 pm

» Sri Lanka expects bumper paddy harvest in the Yala season.
by VALUEPICK Thu Jul 30, 2015 1:55 pm

» Planned economic zones will bring development to village
by VALUEPICK Thu Jul 30, 2015 1:54 pm

» Investing Personality: Are You a Peacock or an Eagle
by VALUEPICK Thu Jul 30, 2015 1:52 pm

» Mull N ( Muller & Phipps )
by Hewagak Thu Jul 30, 2015 1:08 pm

» Make hay while the sun shines with Adam Capital....
by BvsB Thu Jul 30, 2015 12:23 pm

» heavy selling TJL
by nis2010 Thu Jul 30, 2015 12:19 pm

» AAIC Should Reach 25 Level
by Ok One Thu Jul 30, 2015 12:16 pm

» EMER........
by Madu@1 Thu Jul 30, 2015 12:04 pm

» ALUMEX new business line
by cruiserdude Thu Jul 30, 2015 10:38 am

» BLUE..........BLUE........BLUE........BLUE........
by SL.Market Thu Jul 30, 2015 10:24 am

» 10 Days More...for the General Election
by Thushara Ayya Thu Jul 30, 2015 10:13 am

» CCS results
by Aubrey Perera Thu Jul 30, 2015 10:08 am

» COMB.X good share to buy
by AUS79 Thu Jul 30, 2015 10:04 am

» VONE - FLAGSHIP OF VALLIBEL GROUP TAKES OFF
by SLFINANCEWATCH Thu Jul 30, 2015 9:56 am

» CRL HOT STAR
by dextor Thu Jul 30, 2015 9:47 am

» Any advice on COLO??
by jayathu Thu Jul 30, 2015 9:27 am

» JKH.N Suddenly it will break 200 + this month
by wisdom79 Thu Jul 30, 2015 9:24 am

» Next PM Sri Lanka?
by cseranga Thu Jul 30, 2015 8:51 am

» NTB Bank posts Rs 1.25b PAT in first half
by Melissa Pereira Thu Jul 30, 2015 8:29 am

» Crossing of 1.2 billion Ceylinco drives CSE turnover No word on seller, indices up sharply
by Melissa Pereira Thu Jul 30, 2015 8:27 am

» Cargills 1Q15 turns green over strong top line growth
by Melissa Pereira Thu Jul 30, 2015 8:26 am

» HVA Playing a Dirty Game
by anjelo Thu Jul 30, 2015 8:26 am

» HVA HVA HVA
by anjelo Thu Jul 30, 2015 8:24 am

» SL economic growth strong despite debt worries: Moody’s report
by Melissa Pereira Thu Jul 30, 2015 8:23 am

» Public, private listings key to GDP growth: CSE CEO
by Melissa Pereira Thu Jul 30, 2015 8:20 am

» Japan’s Mitsui Sumitomo enters with 6% stake in Ceylinco Insurance for Rs. 1.9 b
by Melissa Pereira Thu Jul 30, 2015 8:19 am

» How about AFSL
by soileconomy Thu Jul 30, 2015 5:26 am

» Sri Lanka: Royal Mafia of 'Politics' - Report from Sunday Times
by Varshaa Selvanathan Thu Jul 30, 2015 3:35 am

» RHTL March Quarter Profit Increase 118 Million
by Teller Thu Jul 30, 2015 3:06 am

» Amazing ABANS retained EPS over 100/-.
by Teller Thu Jul 30, 2015 3:04 am

» Average Annual Return we could expect from Stock investments???
by nis2010 Thu Jul 30, 2015 2:02 am

» Sri Lanka: Google Loon: Is It possible in Sri Lanka Yet?
by StockGuru Thu Jul 30, 2015 1:46 am

» Today Foreign Purchases 2.25 Billion
by Jana Thu Jul 30, 2015 1:36 am

» When is the VONE Dividend announcement?
by ddrperera Wed Jul 29, 2015 11:51 pm

» how about AEL
by suku502 Wed Jul 29, 2015 11:11 pm

» ESL hitting 50+ next few weeks strong drive in the market
by suku502 Wed Jul 29, 2015 11:08 pm

» Analysis of ACL - Possible Future star
by dmjesua Wed Jul 29, 2015 11:04 pm

» GLASS June profit up
by Kiruba8 Wed Jul 29, 2015 9:59 pm

» Why AAIC Should trade above RS.50/-
by Ok One Wed Jul 29, 2015 9:18 pm


PC HOUSE (PCH) - Future Outlook52.942

PC HOUSE (PCH) - Future Outlook

Page 4 of 4 Previous  1, 2, 3, 4

View previous topic View next topic Go down

PC HOUSE (PCH) - Future Outlook

Post by salt on Thu Feb 03, 2011 10:31 am

First topic message reminder :

Will PC House report meaningfull increase in profits?
What will be the price outlook after 3Q reports?

salt
Vice President - Equity Analytics
Vice President - Equity Analytics

Posts: 1337
Equity Stars: 4601
Reputation: 87
Join date: 2011-01-31

Back to top Go down


Re: PC HOUSE (PCH) - Future Outlook

Post by Rajitha on Sun Feb 13, 2011 12:37 pm

@kpinvest wrote:Dear Academic
Thank you for putting down your facts and figures. If I look from your point of view I would also come to your conclusions.

However…

I am inviting you all to look at this at a different angle.

PCH’s core business is selling PC hardware. That’s a well known fact. What I see is..

They own more than half of showrooms at Unity Plaza. Unity Plaza is the main place that a person would go to buy PCs and PC related hardware. So I see more than 50% of revenue generated at Unity plaza will be going to PCH.

The hardware industry is expanding day by day. The technology is getting reinventing very fast. And we see a more youth are using PCs than it was before. As I understand less than 10% of our population owns a PC. Therefore there is a huge market where which is still not been catered. Hence, all hardware suppliers can easily double, tribal their revenue in coming years (provided they work towards that).

PCH is opening their outlets all over the island. And most of independent computer shops buy their parts from PCH.

PCH is the Dell Certified Partner for Enterprise Architecture 2010. And they are distributers for many HW and SW reputed brands. Ex Symantec

The company got listed very recently and we the expansions cannot happen overnight. The results of the money will get invested now and the results will be able see in coming quarters.

As you all know they are going to do BPO’s and that revenue is yet to be generated. The BPO is a very profitable business and it is a revenue generating method around the clock. So we may be able to see some decent profit generated from this in coming quarters.
So, we can expect an annual EPS around 2-3 in coming years…
And
Well known investor Dr Senthilerl has increased his share holding from 0.5% to 6.6%. I don’t think that he is putting his money in a losing business.

So with those facts I am looking at PCH as Mid to long term investment. To be frank I didn’t expect to PCH to touch 32 and I agree that I went up like that due to inexperienced traders who thought this might hit 50 in couple of days. That is not the case.
I also think that we cannot use same PE used in other sectors here. And I am strongly believe that this sector should have PE > 20. That’s because there is huge potential to grow!. And there is a risk, higher the risk, higher the reward!
If all market forces act normally I would say 22-23 will be the base price of PCH. And it may continue to increase in coming quarters.

FYI I started to collect PCH from the IPO and when it was around 9. And I will be holding on the PCH for another few quarters.

Please not that this is my perception and it is not a recommendation.

Problem in this analysis mainly is you are making PE ratios for a earnings that are over 2-3x higher than what they are (Pipe dreams) and multiplying by factors of over 20. In this method if I do calculations I can probably get SEMB share price worth over Rs100.
Secondly as you said PCH is a retailer and factors you said are true for all the retailers with the market cap like even Abans. Actually more people will be using more electronic goods than PCs and this way if we calculate all these retailers should have there current share price go over 10-20x more.
Thirdly how do you know what price Dr. Senthilerl bought those shares? His increase was on the last quarter so he probably bought the share when it was around Rs 9. So what essentially you saying is share is worth over Rs 9 ( say Rs 11-13) ?

Rajitha
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Posts: 794
Join date: 2011-01-27

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by mono on Sun Feb 13, 2011 12:38 pm

@kpinvest wrote:
The hardware industry is expanding day by day. The technology is getting reinventing very fast.

we can see the effects of that just by looking at PCH inventories Wink

mono
Vice President - Equity Analytics
Vice President - Equity Analytics

Posts: 1170
Join date: 2011-01-21

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by mark on Sun Feb 13, 2011 12:39 pm

my broker always advised me to sell........the reason he was pointed was less supporting fundamentals.........at that time it was around 21,but i waited for sometime and sold the lot at 25,which i bought at 15Rs....after one or two days it shoot to 32...,I lost the chance........anyway i'm happy about my decision...

mark
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Posts: 2617
Join date: 2011-02-04

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by salt on Sun Feb 13, 2011 1:11 pm

@kpinvest wrote:Why you guys hate PCH this much? Did you miss the bus?

So called EXPERTS please put down some solid facts that go against PCH
Some facts where it shows that it’s not worth at current price and it won’t grow in the future?

Thank you..

Why don't you refer to mono's reply!

salt
Vice President - Equity Analytics
Vice President - Equity Analytics

Posts: 1337
Join date: 2011-01-31

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by salt on Sun Feb 13, 2011 1:14 pm

@dineshfernando wrote:PCH is much better than ECL interms of future growth and earnings. Both are trading around the same price levels. People who don't have PCH and who wanted to buy it at cheaper price carried on negative publicity against PCH.

If you truly look at the market, there are many shares which is much worse than PCH being pused up. Many hotels still reporting negative or very little earnings. What do you tell for this? Remember, we have only 2 IT firms at CSE and PCH is the best out of two.

The fact, nobody is promoting those cracks like PCH
PCH apprently looks good business, but price is exorbitantly high and beyond any possible explanation.[/b]

salt
Vice President - Equity Analytics
Vice President - Equity Analytics

Posts: 1337
Join date: 2011-01-31

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by kpinvest on Sun Feb 13, 2011 1:58 pm

@Academic

Current EPS is around (0.69/3)*4= 0.92
For 9 months ended 31 2009 PCH PAT 70.5Mn
For 9 months ended 31 2010 PCH PAT 140.6Mn--- 99% increase

We can expect 185mn PAT for the yr end 31.3.2011.

And revenue from new ventures will come into play in coming quarters
There is plenty of room to sell PCs.
Therefore PCH can easily maintain its growth rate in coming years. In fact they can have a much higher growth rate than 100%.

If we take 100% growth rate, EPS become 1.84. But this can easily become 2+ with other ventures.
If the company work really well they can have 3+ EPS

PE is the perception of the market for a particular stock. If the company performs well PE will be high. There are companies in CSE where they have –ve EPS and I don’t know how to apply PE for those companies.

This is just my view. Not a recommendation.


kpinvest
Equity Analytic
Equity Analytic

Posts: 44
Equity Stars: 1686
Reputation: -6
Join date: 2011-02-05

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by mono on Sun Feb 13, 2011 2:44 pm

sooo.........


nine month EPS= .69

12/31/2010 EPS= .22
9/31/2010 EPS= .21
6/31/2010 EPS= .26

i don't see any magic growth this year. growing companies grow from one quarter to another through the year. for example BFL 6.51, 7.15 , 10.24 . If anything the December quarter is disappointing for PCH considering this should have been their most lucrative quarter. If their bussiness is really on the way up we should have seen a .26+ eps for the quarter. Instead all we saw was a build up of inventories and an increase in short term loans

the 100% growth you see from last year was because they were getting epically screwed with finance cost earlier and this year that problem is sorted out. The core business hasn't improved in any considerable way.

So my suggestion is to stop having wet dreams about this stock

mono
Vice President - Equity Analytics
Vice President - Equity Analytics

Posts: 1170
Equity Stars: 3096
Reputation: 93
Join date: 2011-01-21
Age: 94

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by tubal on Sun Feb 13, 2011 2:54 pm

mono, academic, rajitha, salt et al,

It's very clear that some people already know deep down that they are holding the bag and they are desperately looking for a greater fool to pass that bag. The burned hand teaches best (Tolkien I believe). Let the moths fly to the flame, it's part of the 21st century natural selection process.

tubal
Vice President - Equity Analytics
Vice President - Equity Analytics

Posts: 1051
Equity Stars: 3083
Reputation: 243
Join date: 2011-01-27

Back to top Go down

Worth Reading

Post by sirimevan on Sun Feb 13, 2011 6:48 pm

Guys i was just going at these posts,

If you study the asian market sri lanka was depending on tea and rubber since it obtained it freedom 1948, where the plantation sector performed well, and had good revenue and growth with good profits,

further towards the millennium it brought us revenue trough it overseas recruitment market from the working capital from countries like dubai and qatar,

Still we couldn't beat Singapore and Malaysia even though they were behind us in 1982.

the main reason for this was not only the war factor but the governments not making clear decisions towards the future,

If you look at Malaysia today it has reached it highest price for its oil palm,(http://www.palmoilhq.com/PalmOilNews/malaysias-palm-oil-industry-contributed-export-revenue-of-rm49-6-billion-last-year/)
49.5 billion market value with highest price paid for it palm oil shares,

When people started growing palm trees instead of rubber and tea even when the global market paid well for tea and rubber still Malaysia was growing palm tress,then the world was laughing at malaysia at that time when there was a good market for tea and rubber saying whats wrong with this people?

If you look at India it has reached its highest revenue trough IT sector,(www.thaindian.com/.../indian-it-exports-to-touch-50-billion-despite-meltdown_100314786.htm) where it is almost to touch 50 billion dollars during its last year,

This was a similar story too, when the government identified Bangalore as Indian IT HUB people started laughing saying what IT that Indians know when they don't have money to eat?
But today The world’s largest software products company Microsoft Corp. wants India to be among its top five revenue generators globally within the next three-five years.while Indian software market grows 18%
today ,
http://www.ft.lk/2011/02/07/india%E2%80%99s-software-exports-seen-up-16-18-in-fy12/

we were looking at what we had those days such as tea and rubber,

change your selfs and look at the future potentials, avoid fighting for a stock just because its coming down by 4 to 5 rupees look at the future, think of the future so that we could beat Malaysia one day,

think of your investment for the future not short time profit, when Malaysians planted oil palms they had to stay for 5 years to gain profit not like tea which had a yield in two ears but still they waited and they won finally while we lost at looking at quick profits,

today we have started IPO business after all and even palm oil sites could be seen in nakiyadeniya areas around galle and two palm oil factories in sri lanka finally,

BPO and software industry is coming up finally in sri lanka with so much of difficulties, and now we can hear the BPO word at-least and Software word finally in some news papers and in some articles

government (ICTA) has been making revolution with time in sri lanka such as bringing in IT industry to the country now
http://www.ft.lk/2011/02/04/live-icta-projects-at-buttala-‘dayata-kirula-2011’/

What i wanted to say is when there was opportunity we never looked at the future like Malaysia and India,
But today the government is setting up or coming up with a vision and that is the tourist industry in Asia and the IT hub in sri lanka,

We know that out of the five hubs, it is the knowledge hub that has progressed the most so far,
(http://www.ft.lk/2010/11/24/sri-lanka-in-forefront-of-development-on-path-to-become-regional-knowledge-hub-icta-ceo/)

The 5 hubs would be

Infrastructure (IT) HUB
tourism/travel HUB
aviation/shipping HUB
finance HUB
Investment HUB (the Colombo stock market)

if you look at the future of our country we should not be fighting towards a stock, or for a variation of a price or a manipulation its all identifying the future potential and the value of a stock and educating each other the value of that share,

Remember Malaysia, Singapore and most of the Asian countries such as even Maldives were behind us, but today we are behind them since we did not identify the value of future demand and growth sectors, its not our fault but there were no people to educate us to look at the future

Today trough this forums we see ideas coming up and people looking at the future and educating us yet we seems to put them down and under estimate, well i don't say to avoid your opinion or your comments but don't take the other person as a manipulator or a betrayer since we have to respect others, people who looked at the future potential won such as japan identifying the value of transportation india the value of
IT Malaysia the value of palm oil, etc.....

We as a country the young generation we should look at the future and invest and not fight or ague due to a slight price change or a poor performance report, let us work as a team as one country one community and let us identify the future potential value stocks may be it could be IT sector Hotel Sector etc.......

when we do fight and put the momentum and the moral down of people they intent to trow there shares for dirt cheap price so that the foreign buyers who see the potential of share grabs it and we as sri lankans lose our profits while they be rich

this what happen to our country we always tried to ague and put some one down look at the politics today a nice example, instead of them working together they keep on arguing finding faults and putting each other to there trash bin

We as sri lankans let us change our attitudes as a community let us identify the value stocks, let manupilators be there and day traders be there we as investors should learn the future value of our shares that we have invested,

Remember TAFL was 17/- six months ago, today 250+ Did any one Identify?
Remember GRAN was 65, glass was 2/- while bfl was 40 when i entered to the market just one year back and today almost all the shares gone up by 10 times and more

at that time no one was there to teach us how to identify a value stock how to identify a good report we just went behind the crowd and invested in greg and dpl but today the community is much educated and much advance, those days we never heard of EPS, we never heard of assets , ratios, trends , growth rates etc,,,,,

but let not this happen to our future investors since they our the people who takes our country to the world and let us be an example to our young investors,

all the best guys
Have a great trading week
Regards,

Just my thought correct me if im wrong,

















sirimevan
Manager - Equity Analytics
Manager - Equity Analytics

Posts: 165
Equity Stars: 1901
Reputation: 23
Join date: 2011-02-07
Location: colombo

Back to top Go down

FUTURE AND PCH

Post by sirimevan on Sun Feb 13, 2011 6:50 pm

Guys i was just going at these posts,

If you study the asian market sri lanka was depending on tea and rubber since it obtained it freedom 1948, where the plantation sector performed well, and had good revenue and growth with good profits,

further towards the millennium it brought us revenue trough it overseas recruitment market from the working capital from countries like dubai and qatar,

Still we couldn't beat Singapore and Malaysia even though they were behind us in 1982.

the main reason for this was not only the war factor but the governments not making clear decisions towards the future,

If you look at Malaysia today it has reached it highest price for its oil palm,(http://www.palmoilhq.com/PalmOilNews/malaysias-palm-oil-industry-contributed-export-revenue-of-rm49-6-billion-last-year/)
49.5 billion market value with highest price paid for it palm oil shares,

When people started growing palm trees instead of rubber and tea even when the global market paid well for tea and rubber still Malaysia was growing palm tress,then the world was laughing at malaysia at that time when there was a good market for tea and rubber saying whats wrong with this people?

If you look at India it has reached its highest revenue trough IT sector,(www.thaindian.com/.../indian-it-exports-to-touch-50-billion-despite-meltdown_100314786.htm) where it is almost to touch 50 billion dollars during its last year,

This was a similar story too, when the government identified Bangalore as Indian IT HUB people started laughing saying what IT that Indians know when they don't have money to eat?
But today The world’s largest software products company Microsoft Corp. wants India to be among its top five revenue generators globally within the next three-five years.while Indian software market grows 18%
today ,
http://www.ft.lk/2011/02/07/india%E2%80%99s-software-exports-seen-up-16-18-in-fy12/

we were looking at what we had those days such as tea and rubber,

change your selfs and look at the future potentials, avoid fighting for a stock just because its coming down by 4 to 5 rupees look at the future, think of the future so that we could beat Malaysia one day,

think of your investment for the future not short time profit, when Malaysians planted oil palms they had to stay for 5 years to gain profit not like tea which had a yield in two ears but still they waited and they won finally while we lost at looking at quick profits,

today we have started IPO business after all and even palm oil sites could be seen in nakiyadeniya areas around galle and two palm oil factories in sri lanka finally,

BPO and software industry is coming up finally in sri lanka with so much of difficulties, and now we can hear the BPO word at-least and Software word finally in some news papers and in some articles

government (ICTA) has been making revolution with time in sri lanka such as bringing in IT industry to the country now
http://www.ft.lk/2011/02/04/live-icta-projects-at-buttala-‘dayata-kirula-2011’/

What i wanted to say is when there was opportunity we never looked at the future like Malaysia and India,
But today the government is setting up or coming up with a vision and that is the tourist industry in Asia and the IT hub in sri lanka,

We know that out of the five hubs, it is the knowledge hub that has progressed the most so far,
(http://www.ft.lk/2010/11/24/sri-lanka-in-forefront-of-development-on-path-to-become-regional-knowledge-hub-icta-ceo/)

The 5 hubs would be

Infrastructure (IT) HUB
tourism/travel HUB
aviation/shipping HUB
finance HUB
Investment HUB (the Colombo stock market)

if you look at the future of our country we should not be fighting towards a stock, or for a variation of a price or a manipulation its all identifying the future potential and the value of a stock and educating each other the value of that share,

Remember Malaysia, Singapore and most of the Asian countries such as even Maldives were behind us, but today we are behind them since we did not identify the value of future demand and growth sectors, its not our fault but there were no people to educate us to look at the future

Today trough this forums we see ideas coming up and people looking at the future and educating us yet we seems to put them down and under estimate, well i don't say to avoid your opinion or your comments but don't take the other person as a manipulator or a betrayer since we have to respect others, people who looked at the future potential won such as japan identifying the value of transportation india the value of
IT Malaysia the value of palm oil, etc.....

We as a country the young generation we should look at the future and invest and not fight or ague due to a slight price change or a poor performance report, let us work as a team as one country one community and let us identify the future potential value stocks may be it could be IT sector Hotel Sector etc.......

when we do fight and put the momentum and the moral down of people they intent to trow there shares for dirt cheap price so that the foreign buyers who see the potential of share grabs it and we as sri lankans lose our profits while they be rich

this what happen to our country we always tried to ague and put some one down look at the politics today a nice example, instead of them working together they keep on arguing finding faults and putting each other to there trash bin

We as sri lankans let us change our attitudes as a community let us identify the value stocks, let manupilators be there and day traders be there we as investors should learn the future value of our shares that we have invested,

Remember TAFL was 17/- six months ago, today 250+ Did any one Identify?
Remember GRAN was 65, glass was 2/- while bfl was 40 when i entered to the market just one year back and today almost all the shares gone up by 10 times and more

at that time no one was there to teach us how to identify a value stock how to identify a good report we just went behind the crowd and invested in greg and dpl but today the community is much educated and much advance, those days we never heard of EPS, we never heard of assets , ratios, trends , growth rates etc,,,,,

but let not this happen to our future investors since they our the people who takes our country to the world and let us be an example to our young investors,

all the best guys
Have a great trading week
Regards,

Just my thought correct me if im wrong,

















sirimevan
Manager - Equity Analytics
Manager - Equity Analytics

Posts: 165
Equity Stars: 1901
Reputation: 23
Join date: 2011-02-07
Location: colombo

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by MarketResearch on Sun Feb 13, 2011 7:33 pm

Dear Sirimewan,

Very interesting article.
I can read it get the cream but I do not think I can write a
professional reply to you.Although I am in your position and point of
view.(Then no need a big reply).

We had person called "MarketWatch" and I think he is the only person who can reply you with logical comments.But he was in your point views.

We need more articles from you.

Thanks.

( I do not think so called "Experts" can post a proper reply for this.If can please do so.We are interested to see that also)

MarketResearch
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Posts: 480
Equity Stars: 2463
Reputation: 102
Join date: 2011-01-30
Location: Colombo

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by Rajitha on Sun Feb 13, 2011 8:13 pm

@sirimevan wrote: Guys i was just going at these posts,

If you study the asian market sri lanka was depending on tea and rubber since it obtained it freedom 1948, where the plantation sector performed well, and had good revenue and growth with good profits,

further towards the millennium it brought us revenue trough it overseas recruitment market from the working capital from countries like dubai and qatar,

Still we couldn't beat Singapore and Malaysia even though they were behind us in 1982.

the main reason for this was not only the war factor but the governments not making clear decisions towards the future,

If you look at Malaysia today it has reached it highest price for its oil palm,(http://www.palmoilhq.com/PalmOilNews/malaysias-palm-oil-industry-contributed-export-revenue-of-rm49-6-billion-last-year/)
49.5 billion market value with highest price paid for it palm oil shares,

When people started growing palm trees instead of rubber and tea even when the global market paid well for tea and rubber still Malaysia was growing palm tress,then the world was laughing at malaysia at that time when there was a good market for tea and rubber saying whats wrong with this people?

If you look at India it has reached its highest revenue trough IT sector,(www.thaindian.com/.../indian-it-exports-to-touch-50-billion-despite-meltdown_100314786.htm) where it is almost to touch 50 billion dollars during its last year,

This was a similar story too, when the government identified Bangalore as Indian IT HUB people started laughing saying what IT that Indians know when they don't have money to eat?
But today The world’s largest software products company Microsoft Corp. wants India to be among its top five revenue generators globally within the next three-five years.while Indian software market grows 18%
today ,
http://www.ft.lk/2011/02/07/india%E2%80%99s-software-exports-seen-up-16-18-in-fy12/

we were looking at what we had those days such as tea and rubber,

change your selfs and look at the future potentials, avoid fighting for a stock just because its coming down by 4 to 5 rupees look at the future, think of the future so that we could beat Malaysia one day,

think of your investment for the future not short time profit, when Malaysians planted oil palms they had to stay for 5 years to gain profit not like tea which had a yield in two ears but still they waited and they won finally while we lost at looking at quick profits,

today we have started IPO business after all and even palm oil sites could be seen in nakiyadeniya areas around galle and two palm oil factories in sri lanka finally,

BPO and software industry is coming up finally in sri lanka with so much of difficulties, and now we can hear the BPO word at-least and Software word finally in some news papers and in some articles

government (ICTA) has been making revolution with time in sri lanka such as bringing in IT industry to the country now
http://www.ft.lk/2011/02/04/live-icta-projects-at-buttala-‘dayata-kirula-2011’/

What i wanted to say is when there was opportunity we never looked at the future like Malaysia and India,
But today the government is setting up or coming up with a vision and that is the tourist industry in Asia and the IT hub in sri lanka,

We know that out of the five hubs, it is the knowledge hub that has progressed the most so far,
(http://www.ft.lk/2010/11/24/sri-lanka-in-forefront-of-development-on-path-to-become-regional-knowledge-hub-icta-ceo/)

The 5 hubs would be

Infrastructure (IT) HUB
tourism/travel HUB
aviation/shipping HUB
finance HUB
Investment HUB (the Colombo stock market)

if you look at the future of our country we should not be fighting towards a stock, or for a variation of a price or a manipulation its all identifying the future potential and the value of a stock and educating each other the value of that share,

Remember Malaysia, Singapore and most of the Asian countries such as even Maldives were behind us, but today we are behind them since we did not identify the value of future demand and growth sectors, its not our fault but there were no people to educate us to look at the future

Today trough this forums we see ideas coming up and people looking at the future and educating us yet we seems to put them down and under estimate, well i don't say to avoid your opinion or your comments but don't take the other person as a manipulator or a betrayer since we have to respect others, people who looked at the future potential won such as japan identifying the value of transportation india the value of
IT Malaysia the value of palm oil, etc.....

We as a country the young generation we should look at the future and invest and not fight or ague due to a slight price change or a poor performance report, let us work as a team as one country one community and let us identify the future potential value stocks may be it could be IT sector Hotel Sector etc.......

when we do fight and put the momentum and the moral down of people they intent to trow there shares for dirt cheap price so that the foreign buyers who see the potential of share grabs it and we as sri lankans lose our profits while they be rich

this what happen to our country we always tried to ague and put some one down look at the politics today a nice example, instead of them working together they keep on arguing finding faults and putting each other to there trash bin

We as sri lankans let us change our attitudes as a community let us identify the value stocks, let manupilators be there and day traders be there we as investors should learn the future value of our shares that we have invested,

Remember TAFL was 17/- six months ago, today 250+ Did any one Identify?
Remember GRAN was 65, glass was 2/- while bfl was 40 when i entered to the market just one year back and today almost all the shares gone up by 10 times and more

at that time no one was there to teach us how to identify a value stock how to identify a good report we just went behind the crowd and invested in greg and dpl but today the community is much educated and much advance, those days we never heard of EPS, we never heard of assets , ratios, trends , growth rates etc,,,,,

but let not this happen to our future investors since they our the people who takes our country to the world and let us be an example to our young investors,

all the best guys
Have a great trading week
Regards,

Just my thought correct me if im wrong,

What the hell does this have to do with PCH lol! . Only illiterate idiots would think this has anything to do with PCH price justification. I'll write in a way you would understand. PCH is a HARDWARE RETAILER OF PERSONAL COMPUTERS! THEY HAVE THE WORST CUSTOMER CARE I HAVE SEEN TO TOP IT OFF!
The stocks mentioned by you had really low PE ratios and ran mainly because of BFL which had such a low PE ratio backed up by huge promotion.
This is like saying SEMB should hit Rs 150 in 2 weeks time because government want to make Sri Lanka a financial Hub. And growing number of people and companies using banks and finance sector .

Rajitha
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Posts: 794
Equity Stars: 3596
Reputation: 57
Join date: 2011-01-27

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by wis on Sun Feb 13, 2011 9:00 pm

How come Nizam / MarketWatch was not charged with market manipulation? If the criminal investigation unit take the site owner into custody and cease the content of the investnow.lk site they could easily track the criminals. If this has happened in a mature stock market we would have seen the criminals dragged into courts in the TV news. Is Nizam a nephew of the head of SEC or something?

wis
Manager - Equity Analytics
Manager - Equity Analytics

Posts: 254
Equity Stars: 2050
Reputation: 103
Join date: 2011-02-01

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by madu1977 on Sun Feb 13, 2011 9:04 pm

I dont know why PCH so popularbut lot of ppl talking negative but trading every day almost more than 1 million shares can some one explain

madu1977
Equity Analytic
Equity Analytic

Posts: 45
Equity Stars: 1706
Reputation: -21
Join date: 2011-01-22

Back to top Go down

PC HOUSE (PCH) - ALL POSTS MERGED

Post by Quibit on Sun Feb 13, 2011 9:13 pm

Hey Guys,

There have been too many repeated posts in respect of PC House (PCH). Hence we have decided to merge all posts together and make one Topic under "PC HOUSE" for the balanced evaluation of the comments and easy access for the readers. We request all members to avoid repeated posts in respect of PCH.

Appreciate your assistance.

Rgds
Quibi

Quibit
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Posts: 2070
Equity Stars: 7076
Reputation: 354
Join date: 2010-05-08

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by abc on Sun Feb 13, 2011 10:24 pm

@madu1977 wrote:I dont know why PCH so popularbut lot of ppl talking negative but trading every day almost more than 1 million shares can some one explain

Price manipulation go together with volume manipulation. Both are punishable offrences in developed markets. affraid

abc
Senior Equity Analytic
Senior Equity Analytic

Posts: 71
Equity Stars: 1727
Reputation: 5
Join date: 2011-02-09

Back to top Go down

PC HOUSE (PCH) - ALL POSTS MERGED

Post by topgear on Sun Feb 13, 2011 11:52 pm

@Quibi - Hey change ur prof pic. Wanna see more! Very Happy

Regarding PC House, I've been going through this forum and had it with all these fights to either justify or condemn the share. What I personally feel is this.
On the short to medium term, people who buy at even current levels will be able to earn as the share price will keep fluctuating on speculation.
On the long term, nobody can really tell. Their drastic management changes and moving into newer areas of business may or may not workout for them. I honestly hope it does, but there needs to be huge changes within the organization itself. I'd like to iterate the fact that others mentioned above, which is, their customer service just sucks! Big time! This one reason alone is enough to bring the company down, if no corrective measures are taken.

So, in my opinion, PCH is a gamble. Invest wisely. Invest like Warren Buffet. If you see a good company with potential, run by good people (management and staff), go for it!

Keeping my fingers crossed!

Happy investing!

Cool

topgear
Stock Analytic
Stock Analytic

Posts: 15
Equity Stars: 1650
Reputation: 0
Join date: 2011-02-08

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by anu on Mon Feb 14, 2011 6:23 am

I hope it is enough praising/bashing PCH. It is still a novice in CSE. Investors with high risk appetite can take a dip and others can easily wait for 3 - 6 months to see the direction.

Hope there are 250 other stocks to mull over. Idea

anu
Manager - Equity Analytics
Manager - Equity Analytics

Posts: 271
Equity Stars: 1999
Reputation: 42
Join date: 2011-02-09

Back to top Go down

UNITY PLAZA=WORST CUSTOMER SERVICE IN SL

Post by analyst123 on Mon Feb 14, 2011 8:49 am

I have read most of the posts regarding PCH, the importance of Unity Plaza has been pointed out by a few of the promoters of the share.
I have had first hand experience on customer service in computer shops at Unity Plaza, and it is the worst I have experienced in my whole life.... (And that is saying something.)
To the people who see the long term profitability of PCH increasing by triple digit growth... Pleasse go and meet a customer at Unity Plaza who has come to get the computer repaired , and just speak with him regarding the level of customer service he is getting and what he thinks about the company...
A PC retailer should have a superb customer service if they are to create some value in their business, but PCH is not interested in that.
Just an observation for those who look at the numbers, Please try to factor in the non-quantifiable data when building on your analysis....
Thanks.

analyst123
Stock Trader

Posts: 9
Equity Stars: 1649
Reputation: 4
Join date: 2011-02-11

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by Upul S. Gamage on Mon Sep 26, 2011 1:45 pm

Check this: http://www.lbo.lk/fullstory.php?nid=692153271

Upul S. Gamage
Senior Equity Analytic
Senior Equity Analytic

Posts: 58
Equity Stars: 1541
Reputation: 6
Join date: 2011-08-16

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by Gaja on Mon Sep 26, 2011 2:05 pm

on the same heading another 2 posted within 10 minutes break

Gaja
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Posts: 3130
Equity Stars: 6483
Reputation: 260
Join date: 2011-01-27
Age: 31
Location: Colombo

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by Roboticfx on Mon Sep 26, 2011 2:38 pm

PC house closed their Nugegoda branch 2 years ago.

Roboticfx
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Posts: 1858
Equity Stars: 4708
Reputation: 131
Join date: 2011-07-16
Location: 5° 55'N - 9° 55' N and 79° 42'E - 81° 52E'.

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by Fresher on Sat Jul 13, 2013 9:50 pm

Thought of bumping this thread due to renewed 'interest'

Will be worth a read for the newbies to get to know a share before getting into it.

Take it in the right spirit

Fresher
Moderator

Posts: 1503
Equity Stars: 4317
Reputation: 163
Join date: 2011-02-04

Back to top Go down

Page 4 of 4 Previous  1, 2, 3, 4

View previous topic View next topic Back to top

- Similar topics

Permissions in this forum:
You cannot reply to topics in this forum
Who is online?
In total there are 94 users online :: 3 Registered, 1 Hidden and 90 Guests

AUS79, nalaka_sg, peacockman

[ View the whole list ]


Most users ever online was 541 on Mon Sep 19, 2011 11:29 am
Statistics
We have 12862 registered users
The newest registered user is DANIDU

Our users have posted a total of 267848 messages in 41427 subjects
Forum Rules & Guidelines
Sri Lanka Equity Analytic
Disclaimer

The information contained in this forum have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein.

www.srilankaequity.com its blogs, forums, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever.

Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, www.srilankaequity.com its blogs, forums, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

Latest News Tweets