RUMORS
SRI LANKA STOCK PICKS exclusive: Through this we have decided to convey the CSE Rumors for all of our visitors,which have many times found to be unknown to small investors or when they become aware, prices of particular shares may have had increased substantially. Hence our simple effort is just to give you / convey these rumors where most of top investors are well aware of.
However please note that there is a high risk involved in share trading. We do not take responsibility for any lose or damage arising out of stated information in this post. You have to take your own decisions. (Do your own research, Do not follow others , Stick to fundamentals, Buy shares when other are selling & sell when others are buying.)
COMPANY | SHARE PRICE AS AT 10/06/2010 | ALL RUMORS |
Cargills (Ceylon)PLC | Rs 132.25 | Directors of the Company were purchasing its own shares during last couple of days knowing the real value of the company. The Company expects that their “ 100 new outlet “programme across the country will give them the much needed boost for their bottom line profits in future. Prime Properties owned by the Company specially the properties located at the heart of the Colombo City will add value to the company bottom line. Expect price of the share to move further up in medium to long term. Rumors are well supported by Company earnings. Last Q profit up by 44% (as at 31/03/10) Annual profit up by 32% ( as at 31/03/10) Company is yet to receive post war benefits. High PE Ratio of the Company offset by strong future growth potential. |
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