FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ 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
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ 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
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



Latest topics

» GLAS will be winner with Super Gain.
by vijay singh Today at 3:22 am

» Lets try to understand what is happening in the market right now
by celtic tiger Today at 1:56 am

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by Gowri123 Today at 12:05 am

» Anyone attended AGM?
by Vishwanarth Yesterday at 11:17 pm

» Is ASPI Overvalued now or heavily undervalued ?
by EquityChamp Yesterday at 11:12 pm

» A Strong bounce back of ASI is on the cards
by samaritan Yesterday at 6:17 pm

» Prominent Investors of the colombo stock market
by samaritan Yesterday at 6:06 pm

» DIPD/HAYC/HAYL
by Eranga87 Yesterday at 5:55 pm

» ACL post share split trading and the future potential
by sheildskye Yesterday at 3:27 pm

» Current 2021 Februray Unit Trust/Unit Fund Per Annum percentages
by N W Yesterday at 2:44 pm

» WindForce (WIND) IPO Overview
by EquityChamp Yesterday at 10:09 am

» Norway -> biggest shareholder of NDB
by shihan 93 Yesterday at 9:56 am

» Many positives for Next week
by Vishwanarth Sat Mar 06, 2021 12:29 pm

» Maldives records over 100,000 tourist arrivals in first 35 days of the year
by samaritan Sat Mar 06, 2021 9:59 am

» Kind of behavior traders engage in when they are frustrated and want their money back from the market. Stock market for beginners
by lal62 Sat Mar 06, 2021 7:40 am

» EXPO EXPO EXPO
by Gowri123 Sat Mar 06, 2021 12:35 am

» still I believe this
by 100Bill Fri Mar 05, 2021 9:21 pm

» SUNSHINE HOLDINGS PLC (SUN.N0000)
by ErangaDS Fri Mar 05, 2021 8:19 pm

» Investor sentiment - will there ever be a recovery?
by xhunter Fri Mar 05, 2021 7:49 pm

» Let's have a stop-loss strategy to maximize investment returns in stock market
by EquityChamp Fri Mar 05, 2021 7:19 pm

EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » GLAS has relesed thier 2nd Q result(relesed date 18/10/2011)

GLAS has relesed thier 2nd Q result(relesed date 18/10/2011)

Go down  Message [Page 1 of 1]

ABEST


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
GLAS has released their 2nd Q result with profit

http://www.cse.lk/cmt/upload_report_file/666_1318930768030.pdf

Niwa


Manager - Equity Analytics
Manager - Equity Analytics
good improvement in both NAPS and EPS. This would be the story of most of companies in the coming weeks.

tkc

tkc
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Can quarter reports turn around the market???
Suspect Suspect

Dahamcse

Dahamcse
Equity Analytic
Equity Analytic
When will be the LGL report release

WildBear


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
This is a good example, one person was saying in another thread few weeks back that growth of CSE is over and most of the companies reported only one off capital gains.

Now it's obvious that with coming financial results most of the good counters in CSE will become more and more undervalued.

Sudarshen


Manager - Equity Analytics
Manager - Equity Analytics
This should surely be a good news. Lets see what would be the Glass sale tomorrow. I'm sure that it will run.

cse.alpha


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Highest quarterly profit in at least past 3-4 years by GLAS

2Q fy12 net profit up 54% yoy and 72% qoq to 242 mn rupees, and all from core operations

quarterly eps of 26 cents

lokuayya


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
impressive ,we can project more than 1 rupee eps . a growth company with good and monopoly like business.i like this.

light

light
Senior Equity Analytic
Senior Equity Analytic

They are also expecting a one time income with their land in rathmalana. No news update on this yet but it will support their finances in the future.

aya


Stock Analytic
Stock Analytic
http://forum.srilankaequity.com/t10766-value-investing?highlight=value+investing

GLASS This particular stock has done well in the last quarter by maintaining their operating margin, more specially the company has generated 463Mn cash flow from operating activities.. The company is expected to minimize the further exposure to bank borrowings and thereby reducing their exposure to finance cost... Even the company still can borrow money from the bank for expansion due to low interest rate available in the market comparing to the previous years we had high interest rates.. The main cost of production is expected to come further down by using the advantage prevailing in the world economy.. There will be more good news will come from this stock in the future... In addition the company has been managed well by the top officials and the company is looking opportunities in New markets, new products, New developments in the country, favorable economy & global market (Specially in Energy cost), Resources availability etc... Does anyone know they are continuously investing in new projects and they have the capacity to do so...

Hawk Eye

Hawk Eye
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
GLAS Shows improvements Qtr to Qtr.

In the Annual report chairman states that the qaulity of Export mix changing towards higher vaue added products. they are entering in to highe value adde segmnts of liquor and beverage market. Therefore can expect the GP margin to improve further apart frpm the points highlighted by @aya above.

The famous customer brands they serve includes "Barcadi".last financial year revenue was contributed with a 30% positive growth in domestic market. their local customer base includes all local beverage cusomers and beer brands. North and East markets will increase the demand for the bottles. Growth from International markets yet to come.

the Administration cost includes technicl fee paid to Prrimal Glass Ltd- India for the technical advise and administration provided according to an agreement entered. As per the agreement if PBIDT is 30% or over the amount payable as technical fee is 5% else 12.5% on bottle turnover. If PBDIT drops wht kind of a effect the bottom line will have not known?

In 2007/08 the Company moved its production faciliy from Rathmalna to Horana. and Rathmalana land has been classified under investment Property due to undetermined future use. The fair value of the land is 700mn.

senthilvel and Alnakib nt in the current shareholder list. lets see what happens when the market goe up

bakapandithaya

bakapandithaya
Vice President - Equity Analytics
Vice President - Equity Analytics
I dont think this result will affect the current mkt price.

srilankanmarket


Senior Equity Analytic
Senior Equity Analytic
Yes Your Right Sadly the market moves up for all the wrong reasons. Anyways on the long run this share is a good one and a keeper as well.

I feel that in December the price would move up to like 10-11. Which is low but better than the present situation.

I hope to get rid of the lot soon.
We'll have to wait and see. Smile

Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum