RICH Community

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Re: RICH Community

Postby Fair investor » Tue Jul 11, 2017 12:02 am

SHARK wrote:i remember TJL journey...... :D from 8 to where it is now ..... :)

lets be open minded ...



Yes Shark I too remember very well...TJL @ 8 even @7.50 People who had been foreseen the prospect of the stock were won the game.....
RICH as well :) :)

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Re: RICH Community

Postby Beginner » Tue Jul 11, 2017 12:29 am

Based on buying pattern, i feel it will touch 16 to 17.

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Re: RICH Community

Postby topcat » Tue Jul 11, 2017 3:28 am

Beginner wrote:Based on buying pattern, i feel it will touch 16 to 17.

Pls don't say what you feel, when it come to share price. It should be backed by funda or tech analysis dear beginner..
"Keep winners, Sell loosers"

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Re: RICH Community

Postby Blue Whale » Tue Jul 11, 2017 5:07 am

That is true. If it is gut feeling better to tell that precisely.
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Message for new comers

Postby ruwan999 » Tue Jul 11, 2017 5:14 am

topcat wrote:
Beginner wrote:Based on buying pattern, i feel it will touch 16 to 17.

Pls don't say what you feel, when it come to share price. It should be backed by funda or tech analysis dear beginner..


Before I join The Equity Check I post what I feel :-o :-o :-o
With the help of all senior members now it is all about fundamentals and technical analysis :ymhug: :ymhug: :ymhug:
So all new comers time to learn in the right way and it is hard ~x( ~x( ~x(
But end of the day you can gain with minimum risk and you will not push innocent retailers by spreading wrong information.
:-bd :-bd :-bd :-bd :-bd

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Re: RICH Community

Postby SHARK » Wed Jul 12, 2017 9:59 am

RICH resumed its journey again.... good to see standing tall @13+

as per FIB ratios and according to 3rd wave we shall see fib extensions coming into play towards next 2 levels.

what would be the direction now RICH has closed above 2.6 fib extension....

my reasonable estimate would be testing the next 2 levels as well and stabilise.

discl:not holding
Price is what you pay. Value is what you get.”

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Re: RICH Community

Postby Value » Wed Jul 12, 2017 10:07 am

RICH amazed me with the YTD gain of 80% so far this year. It's much waited and much deserving run.

Considering the RICH as an establishment, RICH should trade at a P/E of 12+ at least. May be the market is doing that adjustment.

If RICH trades at a P/E of 10, then the price should be 15.6.

Another share to watch is HAYL which should see an adjustment in its market valuation similar to RICH

Dis: Holding

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Re: RICH Community

Postby SHARK » Wed Jul 12, 2017 10:11 am

the diversified sector should in my opinion trade at much higher levels.... however we srilankan in a cocoon and very much comfortable at pe of 15.

the adjustment will take some time......

the reforms taking place will fill the voids in due course....

its ridiculous to see pathetic market PE around 11 overall ne :D
Price is what you pay. Value is what you get.”

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Re: RICH Community

Postby Blue Whale » Wed Jul 12, 2017 10:12 am

Hmm. If market to adjust prices then lot of stocks to be adjusted. I think its the wonders can do when investor sentiment is at sky high.
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Re: RICH Community

Postby Shadow walker » Wed Jul 12, 2017 10:12 am

Value wrote:RICH amazed me with the YTD gain of 80% so far this year. It's much waited and much deserving run.

Considering the RICH as an establishment, RICH should trade at a P/E of 12+ at least. May be the market is doing that adjustment.

If RICH trades at a P/E of 10, then the price should be 15.6.

Another share to watch is HAYL which should see an adjustment in its market valuation similar to RICH

Dis: Holding


Its preparing for 17/18 1st quater results..
I think RICH 17/18 Q1 results will show a 50% profit gain..
Last year Q1 EPS 0.29.. in this year they can easily pass that.. :-bd :-bd
Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time .. ;)


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Re: RICH Community

Postby Blue Whale » Wed Jul 12, 2017 10:14 am

Shadow walker wrote:
Value wrote:RICH amazed me with the YTD gain of 80% so far this year. It's much waited and much deserving run.

Considering the RICH as an establishment, RICH should trade at a P/E of 12+ at least. May be the market is doing that adjustment.

If RICH trades at a P/E of 10, then the price should be 15.6.

Another share to watch is HAYL which should see an adjustment in its market valuation similar to RICH

Dis: Holding


Its preparing for 17/18 1st quater results..
I think RICH 17/18 Q1 results will show a 50% profit gain..
Last year Q1 EPS 0.29.. in this year they can easily pass that.. :-bd :-bd


You are smart B-)
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Re: RICH Community

Postby Value » Wed Jul 12, 2017 10:15 am

Shadow walker wrote:
Value wrote:RICH amazed me with the YTD gain of 80% so far this year. It's much waited and much deserving run.

Considering the RICH as an establishment, RICH should trade at a P/E of 12+ at least. May be the market is doing that adjustment.

If RICH trades at a P/E of 10, then the price should be 15.6.

Another share to watch is HAYL which should see an adjustment in its market valuation similar to RICH

Dis: Holding


Its preparing for 17/18 1st quater results..
I think RICH 17/18 Q1 results will show a 50% profit gain..
Last year Q1 EPS 0.29.. in this year they can easily pass that.. :-bd :-bd


I also believe RICH will deliver super results in Q1 and Q2. Beyond that, the rate of growth might slow down

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Re: RICH Community

Postby Shadow walker » Wed Jul 12, 2017 10:23 am

Value wrote:
Shadow walker wrote:
Value wrote:RICH amazed me with the YTD gain of 80% so far this year. It's much waited and much deserving run.

Considering the RICH as an establishment, RICH should trade at a P/E of 12+ at least. May be the market is doing that adjustment.

If RICH trades at a P/E of 10, then the price should be 15.6.

Another share to watch is HAYL which should see an adjustment in its market valuation similar to RICH

Dis: Holding


Its preparing for 17/18 1st quater results..
I think RICH 17/18 Q1 results will show a 50% profit gain..
Last year Q1 EPS 0.29.. in this year they can easily pass that.. :-bd :-bd


I also believe RICH will deliver super results in Q1 and Q2. Beyond that, the rate of growth might slow down


it can slow down but they can achieve 4 Billion profit for 17/18 year... we can expect good growth in their financial sector.. specially Arpico finance and Arpico insurance.. i saw their past valuation about AINS, they are targeting 1.2 Billion revenue for this year.. i hope they can achieve that..

They bought chilaw finance last year no.. i think they want to expand their financial sector.. :-bd
Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time .. ;)


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Re: RICH Community

Postby Shadow walker » Wed Jul 12, 2017 10:25 am

Blue Whale wrote:
Shadow walker wrote:
Value wrote:RICH amazed me with the YTD gain of 80% so far this year. It's much waited and much deserving run.

Considering the RICH as an establishment, RICH should trade at a P/E of 12+ at least. May be the market is doing that adjustment.

If RICH trades at a P/E of 10, then the price should be 15.6.

Another share to watch is HAYL which should see an adjustment in its market valuation similar to RICH

Dis: Holding



Its preparing for 17/18 1st quater results..
I think RICH 17/18 Q1 results will show a 50% profit gain..
Last year Q1 EPS 0.29.. in this year they can easily pass that.. :-bd :-bd


You are smart B-)


You know what happen when local retailers see 50% profit gain in a quarter report.. :D :D :D
Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time .. ;)


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Re: RICH Community

Postby Blue Whale » Wed Jul 12, 2017 11:19 am

Shadow walker wrote:
Blue Whale wrote:
Shadow walker wrote:
Value wrote:RICH amazed me with the YTD gain of 80% so far this year. It's much waited and much deserving run.

Considering the RICH as an establishment, RICH should trade at a P/E of 12+ at least. May be the market is doing that adjustment.

If RICH trades at a P/E of 10, then the price should be 15.6.

Another share to watch is HAYL which should see an adjustment in its market valuation similar to RICH

Dis: Holding



Its preparing for 17/18 1st quater results..
I think RICH 17/18 Q1 results will show a 50% profit gain..
Last year Q1 EPS 0.29.. in this year they can easily pass that.. :-bd :-bd


You are smart B-)


You know what happen when local retailers see 50% profit gain in a quarter report.. :D :D :D


Don't worry. When the report out I will fill all their orders :))
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Re: RICH Community

Postby PAT » Wed Jul 26, 2017 10:16 pm

RICH came back to 12.20/=
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Without compromising your ability to Live Tomorrow……… :)

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Re: RICH Community

Postby stocks hunter » Thu Jul 27, 2017 5:36 am

Can we see Rs11.00 or Rs10.75 going forward before any price appreciations in future????

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Re: RICH Community

Postby helloworld » Thu Jul 27, 2017 11:52 am

stocks hunter wrote:Can we see Rs11.00 or Rs10.75 going forward before any price appreciations in future????


I think 11 is a good entry again. There is some buying as well.

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Re: RICH Community

Postby PAT » Thu Aug 10, 2017 10:10 pm

not promising result when compare with CSP ....

https://cdn.cse.lk/cmt/upload_report_fi ... 716125.pdf
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Re: RICH Community

Postby Shadow walker » Fri Aug 11, 2017 8:05 am

PAT wrote:not promising result when compare with CSP ....

https://cdn.cse.lk/cmt/upload_report_fi ... 716125.pdf


No need to worry brother .. :-B

revenue and PBIT shows a good growth but income tax shows an increse.. average income tax for june quarter is 35% .. .. i think they made a provision for income tax.. :-bd
Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time .. ;)


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Re: RICH Community

Postby PAT » Fri Aug 11, 2017 11:36 am

Shadow walker wrote:
PAT wrote:not promising result when compare with CSP ....

https://cdn.cse.lk/cmt/upload_report_fi ... 716125.pdf


No need to worry brother .. :-B

revenue and PBIT shows a good growth but income tax shows an increse.. average income tax for june quarter is 35% .. .. i think they made a provision for income tax.. :-bd


Are you still holding.......

SP might come down towards Rs 11/=....... :-?
Live Today........
Without compromising your ability to Live Tomorrow……… :)

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Re: RICH Community

Postby Shadow walker » Fri Aug 11, 2017 12:47 pm

PAT wrote:
Shadow walker wrote:
PAT wrote:not promising result when compare with CSP ....

https://cdn.cse.lk/cmt/upload_report_fi ... 716125.pdf


No need to worry brother .. :-B

revenue and PBIT shows a good growth but income tax shows an increse.. average income tax for june quarter is 35% .. .. i think they made a provision for income tax.. :-bd


Are you still holding.......

SP might come down towards Rs 11/=....... :-?


Yep. Im still holding.. my avg cost is below 9, so no need to worry.. its my LT investment .. :D
Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time .. ;)


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Re: RICH Community

Postby PAT » Fri Aug 25, 2017 10:58 am

SP came to Rs 11.60...
Live Today........
Without compromising your ability to Live Tomorrow……… :)

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Re: RICH Community

Postby PATHFINDER » Wed Sep 27, 2017 7:45 am

RICH is one of the best share to keep in everyone's portfolio when plantations are rocking ;)
TIMING IS THE NAME FOR THE GAME

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Re: RICH Community

Postby SHARK » Wed Sep 27, 2017 8:26 am

One of the early risers........ i remember how Value & few members were able to pick at an early stage by keeping faith.
risen from 7-9 base towards 13 and slight pullback experienced towards 11.50.

dont forget 13 was a technical range to have experienced the pullback.

to complete the 5wave theory RICH need to surpass last high of 13 in tech terms or do a double top testing.
Price is what you pay. Value is what you get.”


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