Fundamentals
* Expected 12M EPS - LKR 1.20
* PE - 5.91 (@ LTP LKR 7.10)
* NAV - LKR 8.36
* Expecting NAV YE March 2024 - LKR 8.76
* PBV - 0.81
* Free Cash/Share (Including Fixed Deposits) - > LKR 3.00
Fundamental Investment Thesis Summary
* Sri Lanka had extremely high interest rates above 25% during 2022 & 2023
* Now fixed income rates had dropped below 10% and expecting fall below and remain lower
* No incentive for the company to continue with high free cash buffers
* Company is currently debt free. As borrowing rates are low, company can execute expansions on borrowings.
* Expecting distribution of free cash as enhanced dividends
Fundamental business outlook
* 2024 is expected to be a dry year (El Nino effects) for Sri Lanka. Dry conditions are very much conducive for salt production.
* Sri Lanka is coming out of an economic crisis. Consumption levels are expected to grow rapidly in 2024 (Growth of tourism/increased consumption from native population
Technical Analysis (Chart Patterns)
* With the breaking of LKR 7, RWSL is with a confirmed C&H Break Out. Target LKR 8.30, 18% upside.
* 52 W High LKR 9.30
* Expected 12M EPS - LKR 1.20
* PE - 5.91 (@ LTP LKR 7.10)
* NAV - LKR 8.36
* Expecting NAV YE March 2024 - LKR 8.76
* PBV - 0.81
* Free Cash/Share (Including Fixed Deposits) - > LKR 3.00
Fundamental Investment Thesis Summary
* Sri Lanka had extremely high interest rates above 25% during 2022 & 2023
* Now fixed income rates had dropped below 10% and expecting fall below and remain lower
* No incentive for the company to continue with high free cash buffers
* Company is currently debt free. As borrowing rates are low, company can execute expansions on borrowings.
* Expecting distribution of free cash as enhanced dividends
Fundamental business outlook
* 2024 is expected to be a dry year (El Nino effects) for Sri Lanka. Dry conditions are very much conducive for salt production.
* Sri Lanka is coming out of an economic crisis. Consumption levels are expected to grow rapidly in 2024 (Growth of tourism/increased consumption from native population
Technical Analysis (Chart Patterns)
* With the breaking of LKR 7, RWSL is with a confirmed C&H Break Out. Target LKR 8.30, 18% upside.
* 52 W High LKR 9.30
עסקה פעילה
T1 Reached
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.