Know what you buy, Buy what you know.....

HaPan · 1 Know what you buy, Buy what you know..... Tue Jun 05, 2012 10:04 pm

HaPan

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Bitter truth in quantitative manner......

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Redbulls · 2 Re: Know what you buy, Buy what you know..... Tue Jun 05, 2012 10:14 pm

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To help readers I post the content of the above link.
If this is violating forum rule please delete the comment.
Finance Co./ Merchant Banks - Sector PER 14.55 times

Seylan Merchant Bank [SEMB.N and SEMB.X] - 712 times

Insurance - Sector PER 14.04 times

Capital Development and Investment Company [CDIC] - 29.6 times

Beverage Food and Tobacco- Sector PER 13.4 times

Cargills (Cey) Ltd [CARG.N] - 33.1 times
Harischandra Mills [HARI.N] - 33 times
HVA Foods [HVA.N] - 52.2 Times
Nestle Lanka Ltd [NEST.N] - 24.9 times
Tea Smallholders [TSML.N] - 45.9 times

Chemicals- Sector PER 10.07 times

Chemanex Limited [CHMX.N] - 58.1 times
Industrial Asphalts [ASPH.N] - 67 times

Diversified - Sector PER 14.55 times

CT Holdings [CTHR.N] - 34.2 times
James Finlay [JFIN.N] - 24.7 times
Expo Lanka Holdings - 20.4 times

Footwear & Textiles - Sector PER (14.82) times

Ceylon Leather Products [CLPL.N] - 34.8 times

Hotels & Travels - Sector PER 22.99 times

Browns Beach Hotel [BBH.N] - 48.5 times
Ceylon Hotel Corp. [CHOT.N] - 37.6 times
Fortress Resorts (Ruhunu Hotels) [RHTL.N] - 25.1 times
Hotel Services [SERV.N] - 58.8 times
Kandy Hotels [KHC.N] - 42.9 times
Lighthouse Hotel Ltd [LHL.N] - 27 times
Mahaweli Reach Hotel [MRH.N] -38.6 times
Serendib Hotels [SHOT.N - 27.7 times, SHOT.X - 20.6 times]

Investment Trust - Sector PER 10.38 times

Asian Cotton Mills Ltd [ASCO.N] - 28.9 times
Colombo Fort Investment [CFI.N] - 50.7 times
Colombo Investment Trust [CIT.N] - 48.3 times

Land & Property - Sector PER 9.05 times

East West Properties [EAST.N] - 106.7 times
Equity One Ltd [EQIT.N] - 22.6 times
Equity Two Ltd [ETWO.N] - 28.60 times
Serendib Land [SLND.N] - 22.1 times
Seylan Developments [CSD.N] - 23.4 times

Manufacturing - Sector PER 7.69 times

Blue Diamonds [BLUE.N] - 20.2 times
Bogala Graphite [BOGA.N] - 55.4 times
Hayleys Exports [HEXP.N] - 66 times
Singer Industries [SINI.N] - 20.6 times

Oil Palm - Sector PER 53.14 times

Bukit Darah [BUKI.N] - 56.7 times
Good Hope Co. Ltd [good.n] - 60.2 times
Indo-Malay Estates [INDO.N] - 70.8 times
Selinsing Co. Ltd [SELI.N] - 30.6 times
Shalimar (Malay) [SHAL.N] - 36.9 times

Services - Sector PER 7.43 times

Ceylon Tea Brokers [CTBL.N] - 31.9 times
Kalamzoo Systems [KZOO.N] - 135.9 times
Lake House Printers [LPRT.N] - 24.3 times

Trading - Sector PER 9.28 times

Eastern Merchants [EMER.N] - 72.9 times
Tess Agro [TESS.N] - 26.6 times

IT - Sector PER 9.24 times

E-Channelling [ECL.N] 38.1 times

*PER as at 25/05/2012
*Last 4 Qtr PER (x)

Source: in the original thread

HaPan · 3 Re: Know what you buy, Buy what you know..... Tue Jun 05, 2012 10:26 pm

HaPan

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Check the other pages as well,

Content in Accumulated Loss page seems interesting too......

Redbulls · 4 Re: Know what you buy, Buy what you know..... Tue Jun 05, 2012 10:35 pm

Redbulls

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Happy Pancha wrote:Check the other pages as well,

Content in Accumulated Loss page seems interesting too......

Yes I did good one thanks mate.

UKboy · 5 Re: Know what you buy, Buy what you know..... Tue Jun 05, 2012 10:45 pm

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Happy Pancha wrote:Check the other pages as well,

Content in Accumulated Loss page seems interesting too......

Interesting one Happy Pancha..
however ACL did make a profit of 511 million. On that page shows a loss of 24 Mn Rolling Eyes

Monster · 6 Re: Know what you buy, Buy what you know..... Tue Jun 05, 2012 11:48 pm

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Redbulls wrote:
Investment Trust - Sector PER 10.38 times

Asian Cotton Mills Ltd [ASCO.N] - 28.9 times
Colombo Fort Investment [CFI.N] - 50.7 times
Colombo Investment Trust [CIT.N] - 48.3 times

Companies listed under the Investment Trust should trade based on it's investment portfolio regardless of it's EPS.
Ex: Based on Today's market price, value of investment portfolio of CIT is Rs 205/-.

HaPan · 7 Re: Know what you buy, Buy what you know..... Wed Jun 06, 2012 12:19 am

HaPan

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Thanks mate..

As you said Investment Trust shouldn't evaluate based on PER..

Monster · 8 Re: Know what you buy, Buy what you know..... Thu Jun 07, 2012 12:01 am

Monster

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Redbulls wrote:

Diversified - Sector PER 14.55 times

CT Holdings [CTHR.N] - 34.2 times
James Finlay [JFIN.N] - 24.7 times
Expo Lanka Holdings - 20.4 times

Source: in the original thread

This is for the original poster of this topic,

How did you calculate PE ratio for EXPO?

As of 4Q interim statement,
Annual EPS = Rs 0.54
Market Price = Rs 5.90
PE ratio = 5.90/0.54 = 10.94

Monster · 9 Re: Know what you buy, Buy what you know..... Thu Jun 07, 2012 12:16 am

Monster

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Redbulls wrote:
Hotels & Travels - Sector PER 22.99 times

Browns Beach Hotel [BBH.N] - 48.5 times
Ceylon Hotel Corp. [CHOT.N] - 37.6 times
Fortress Resorts (Ruhunu Hotels) [RHTL.N] - 25.1 times
Hotel Services [SERV.N] - 58.8 times
Kandy Hotels [KHC.N] - 42.9 times
Lighthouse Hotel Ltd [LHL.N] - 27 times
Mahaweli Reach Hotel [MRH.N] -38.6 times
Serendib Hotels [SHOT.N - 27.7 times, SHOT.X - 20.6 times]

*PER as at 25/05/2012
*Last 4 Qtr PER (x)

Source: in the original thread

Latest PE ratio for BBH (As of 4Q Interim statement)

Annual EPS = RS 1.00
Market Price = Rs 12.30
PE ratio = 12.30/1.00 = 12.30
Net Asset value = Rs 22.53

Note: Hotel is closed it's operation in early 2011 for construction of new luxury resort.

HaPan · 10 Re: Know what you buy, Buy what you know..... Thu Jun 07, 2012 9:30 pm

HaPan

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I extract most of the figures from a research report of well known broking house. According to the report, accumulated profit of EXPO for last 4 qtr was 574.6 mn.
But your totally correct, the PER should change as 10.94. As a result, EXPO should be in PER>20times page anymore.
I really have a doubt, why these brokering houses misinterpret figures of some counters ?????

Thank you....

This is for the original poster of this topic,

How did you calculate PE ratio for EXPO?

As of 4Q interim statement,
Annual EPS = Rs 0.54
Market Price = Rs 5.90
PE ratio = 5.90/0.54 = 10.94[/quote]

HaPan · 11 Re: Know what you buy, Buy what you know..... Thu Jun 07, 2012 9:47 pm

HaPan

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PER of BBH has calculated by using last 4 qtr profit excluding recently issued profit figure of the quarter ended 31/03/2012. So the calculation is correct in that way. But after adjusted the last quarter profit, the PER should reduced to 12.3 times.

I'm so great full for your fruitful comments.

Thank you
[I have corrected those errors]

Monster wrote:

Redbulls wrote:
Hotels & Travels - Sector PER 22.99 times

Browns Beach Hotel [BBH.N] - 48.5 times
Ceylon Hotel Corp. [CHOT.N] - 37.6 times
Fortress Resorts (Ruhunu Hotels) [RHTL.N] - 25.1 times
Hotel Services [SERV.N] - 58.8 times
Kandy Hotels [KHC.N] - 42.9 times
Lighthouse Hotel Ltd [LHL.N] - 27 times
Mahaweli Reach Hotel [MRH.N] -38.6 times
Serendib Hotels [SHOT.N - 27.7 times, SHOT.X - 20.6 times]

*PER as at 25/05/2012
*Last 4 Qtr PER (x)

Source: in the original thread

Latest PE ratio for BBH (As of 4Q Interim statement)

Annual EPS = RS 1.00
Market Price = Rs 12.30
PE ratio = 12.30/1.00 = 12.30
Net Asset value = Rs 22.53

Note: Hotel is closed it's operation in early 2011 for construction of new luxury resort.

HaPan · 12 Changes in the PER Based Tables Tue Jun 12, 2012 12:04 pm

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Shifted PER>20 to PER Not Available

Tea Smallholders [TSML.N] - Net Loss 1.3 Mn (Price 36.0, PBV 1.7) to PER Not available list

Hotel Services [SERV.N] - 71.5 times (Price 16.40, PBV 1. Cool

to PER > 20 times list

Shifted PER Not Available to PER>20

In

Raigam Wayamba [RWSL.N] - 24.3 times (Price 2.30, PBV 1.0) to PER >20 times list

Elpitiya Plantation [ELPL.N] - 73.8 times (Price 9.70, PBV 0.6) to PER >20 times list

Out

Environment Resources Holding [GREG.N] - 16.6 times (Price 12.10, PBV 0.6)

Royal Palms [RPBH.N] - 18.3 Times (Price 46.00, PBV 1.7)

Equity Two Ltd [ETWO.N] - 12.9 times (Price 18.00, PBV 1.1)

Lake House Printers [LPRT.N] - 10.5 times (Price 79.90, PBV 1. Cool

Ceylon Tea Brokers [CTBL.N] - 11.1 times (Price 4.70, PBV 3.0)

Alufab Limited [ALUF.N] - Net Profit 0.69 Mn (Price 18.30 )

More details can find in the blog

*all the figures based on information as @ 10/06/2012
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