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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Blue ..Diamonds ...Future ..

Blue ..Diamonds ...Future ..

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1Blue ..Diamonds ...Future .. Empty Blue ..Diamonds ...Future .. Sat Mar 17, 2012 8:29 am

sanjaya351


Manager - Equity Analytics
Manager - Equity Analytics
US$ 53 million earned only from blue sapphires in 2011; plans to attend more int’l fairs

The gem, diamond and jewellery sector has secured an overall growth of 46 per cent in the first two months of 2012, earning revenue of Rs. 10,851 million in comparison with the corresponding figure of Rs. 7,449 million in 2011.

The official Government website said in a posting that the export of fine gemstones brought in revenue of Rs. 2,379 million, recording 43 per cent growth, while jewellery exports generated revenue of Rs. 463 million, recording an impressive 48 per cent growth.
The service cutting industry showed signs of recovery by recoding Rs. 46 million in income, with 40 per cent growth.
Blue sapphires took pride of place by heading the variety list as always, proving yet again that Sri Lanka is the principal source for fine quality natural blue sapphires. In 2011 Sri Lanka was successful in exporting 330,318 carats of blue sapphires to the value of US$ 53.20 million.
The National Gem and Jewellery Authority (NGJA) attributed the industry’s strong performance to the dynamism, flexibility and determination of the stakeholders of the gem and jewellery industry and proactive business friendly policies of the Government.
“The feedback we are getting from traders who are exhibiting at Basel World – 2012, which is considered as the most prestigious event in Europe, is very encouraging,” said National Gem and Jewellery Authority Chairman Prasad Galhena.
European buyers are showing keen interest in fine quality blue sapphires of large sizes, he added.
In its export market promotion programme this year, NGJA intends to organise Sri Lankan pavilions at international gem and jewellery events including Jewellery Shanghai Show in May, Hyderabad Jewellery, Pearl and Gem Fair in June, Singapore International Jewellery in July, Hong Kong International Jewellery Show in September, Malaysia International Jewelex in October, China International Jewellery Show (Beijing) in November and China International Gold, Jewellery and Gem Fair (Shanghai) in December.
“The sector is continuing its growth momentum and progressing towards becoming a one billion dollar industry by 2016 with plans to sustain the existing markets while focusing on emerging markets,” the Chairman added.


http://www.ft.lk/wp-content/uploads/2012/03/DFT-115.jpg

cheers cheers cheers cheers cheers cheers cheers cheers cheers cheers cheers

Blue diamnond shars are trading at 2.50 & 5.90 ..14 for 01 sub division is in may .....think ..

2Blue ..Diamonds ...Future .. Empty Re: Blue ..Diamonds ...Future .. Sat Mar 17, 2012 8:32 am

market bull

market bull
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Hi Sanjaya how are you after long time....he buddy still price band is there ne...

3Blue ..Diamonds ...Future .. Empty hey hey Sat Mar 17, 2012 8:53 am

sanjaya351


Manager - Equity Analytics
Manager - Equity Analytics
@market bull wrote:Hi Sanjaya how are you after long time....he buddy still price band is there ne...


Yap ..but now BLUE will slowly slowly come out of that brand and will be share which will go in the middle ..path ..i believe ..foreign interest is also there and BAT & SLIC has got some good business plans ..i heard ..it will appear in annual report 2011-2012 ..

I am any way keeping BLUE as a very long term investment ....

4Blue ..Diamonds ...Future .. Empty Re: Blue ..Diamonds ...Future .. Sat Mar 17, 2012 8:58 am

Malika1990

Malika1990
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
I think blue is going to be diamond according your post Cool

5Blue ..Diamonds ...Future .. Empty Re: Blue ..Diamonds ...Future .. Sat Mar 17, 2012 10:07 am

mark

mark
Expert
Expert
welcome back sanjaya Very Happy

we must remember that any share will touch its instrinct value in the long run,,so be vigilant abt the price you buy,bcz you will becme a eternal shareholder if you caught at peaks.(unles cut losses)

remember there is enough gains due to its speculativeness,so try to trade in sideways.

6Blue ..Diamonds ...Future .. Empty Re: Blue ..Diamonds ...Future .. Sat Mar 17, 2012 10:35 am

sirimevan

sirimevan
Manager - Equity Analytics
Manager - Equity Analytics
Ammata Hudu, machan mama withuwe meka Blue Diamond eke Annual Report Eka kiyala,

Baladdi lankawema Result ekane machan,

Mokada...... Udin Aragena Blue wela wage penena Widihata, ohoma yamu machan,

Hope Atleast even 1 member would purchase some blue looking at your post,


Good luck

7Blue ..Diamonds ...Future .. Empty Re: Blue ..Diamonds ...Future .. Mon Aug 20, 2012 7:35 pm

Whitebull


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Quarter ended for 30/06/2011-2012
Profit/(Loss) for the period 2012------> (21,413)----- 2011------->22,328
Earnings/(Loss) per share 2012------>( 0.08)--------- 2011------>0 .09

NAV :- 1.16(30/06/2012)--------1.25(30/06/2011)-------1.24(31/03/2012)

Net cash (used in)/ from operating activities 30/06/2012-------->(24,034)--------30/06/2011-------> (26,078)

-----------------------------------------------2012-------2011
Cash & equivalents at the beginning of the year 107,879---- 8,362
Cash & equivalents at the end of the period----- 86,474---- 22,282

Performances are again dissapointing.

http://www.cse.lk/cmt/upload_report_file/663_1344938942.pdf

8Blue ..Diamonds ...Future .. Empty Re: Blue ..Diamonds ...Future .. Mon Aug 20, 2012 10:34 pm

kumarweerarathne

kumarweerarathne
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
you will be bluish if u keep this share , there is nothing to promote on this share looking @ it performances. time to go behind fundamentals , time of speculatives is gone ... so sorrryyyyyyyyyyyyyyy Sleep

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