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Sri Lanka Equity Forum » Stock Market Talk » Any idea why RCL.N000 and COMB.N000 is falling?

Any idea why RCL.N000 and COMB.N000 is falling?

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ravindu93


Stock Analytic
Stock Analytic
RCL.N000 has been falling since the past several months and COMB.N000 has been falling recently too. Any idea why that is? What is the idea about buying and holding these counters? Will they be profitable in the long run? (i mean in the next 12 months)

hirankb

avatar
Senior Equity Analytic
Senior Equity Analytic
RCL - no
COMB - yes 6-8%
but look at HNB - it will return 15-17%. simply due to huge  interest payments of rupee and dollar loans to the government.

DS Wijesinghe


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
hirankb, RCL is a stock in my watch list for sometime. I have seen the price falling over the last 6-7 months
Can you please let us know the reasons why you say NO to RCL which could be helkpful to us

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