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

» CSE - The World's best performer!
by Promoney Today at 8:27 am

» Daily Foreign Transactions
by Promoney Today at 8:27 am

» TRUE VALUE OF LANKA ALUMINUM INDUSTRY (LALU)
by stockie Today at 7:27 am

» DIPD/HAYC/HAYL
by Eranga87 Today at 1:54 am

» IS it right time to stick to warren buffett's most famous saying ???
by kasun_gimhana Today at 12:36 am

» EBCR group of companies
by Wolf86 Yesterday at 10:30 pm

» GLAS will be winner with Super Gain.
by Promoney Yesterday at 7:29 pm

» Use the Ten Principles of Value Investing to spot value stocks in the oversold market
by EquityChamp Yesterday at 5:44 pm

» HATTON NATIONAL BANK PLC
by ADVENTUS Yesterday at 4:22 pm

» Investor sentiment - will there ever be a recovery?
by xhunter Yesterday at 4:19 pm

» The strong learn to hang in there and keep bouncing back until they win. Stock market for beginners
by Asoka Samarakone Yesterday at 4:04 pm

» Everybody talks about huge selling. That means there are buyers in the market to buy these shares. Stock market for beginners
by samaritan Yesterday at 4:00 pm

» SHOESHINE BOYS!
by Bakkabwoi Yesterday at 2:36 pm

» CSE - Market status
by stockie Yesterday at 1:06 pm

» Guardian Investment Trust (GUAR) could Sky Rocket
by RJ1010 Yesterday at 9:41 am

» CB to continue the current accommodative monetary policy stance
by samaritan Yesterday at 9:18 am

» PANASIAN POWER PLC (PAP.N0000)
by vijay singh Yesterday at 2:26 am

» Maharaja's Advice
by madukp Yesterday at 1:17 am

» Millennial Capital Youtube Channel
by MillennialC Wed Mar 03, 2021 11:54 pm

» Personal Loans in Sri Lanka from Hatton National Bank
by onenine87 Wed Mar 03, 2021 8:34 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™ » DAILY CHRONICLE™ » Sri Lanka stocks at 1-month low on Dialog after earnings

Sri Lanka stocks at 1-month low on Dialog after earnings

Go down  Message [Page 1 of 1]

sriranga

sriranga
Co-Admin
Feb 18 (Reuters) - Sri Lankan stocks fell to a one-month low on Monday, dragged by top mobile phone operator, Dialog Axiata, after it reported a 30 percent fall in its December quarter profit.

The main share index fell 0.95 percent, or 55.67 points, to end at 5,774.59, its lowest since January 15 as concerns over the broader economy also weighed.

The International Monetary Fund warned last week of slower growth, high inflation and lower tax revenue risks, prompting speculation the government may turn to expensive commercial borrowing to bridge the budget gap, which would drive interest rate higher.

Shares of Dialog Axiata fell 4.21 percent to 9.10 rupees.

The day's turnover was 869.84 million rupees ($6.87 million), lower than this year's daily average of 1.11 billion rupees.

Foreign investors were net buyers of 43.6 million rupees worth of shares on Monday, but they have been net sellers of 915.7 million rupees so far this year.

The rupee ended weaker at 126.90/95 to the dollar from Friday's close of 126.65/80 due to importer dollar demand, dealers said.
($1 = 126.7000 Sri Lanka rupees)
(Reporting by Ranga Sirilal and Shihar Aneez; Editing by Sanjeev Miglani)
http://in.reuters.com/article/2013/02/18/markets-srilanka-idINL4N0BI2VW20130218

http://sharemarket-srilanka.blogspot.co.uk/

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Feb 18 (Reuters) - Sri Lankan stocks fell to a one-month low on Monday, dragged by top mobile phone operator, Dialog Axiata, after it reported a 30 percent fall in its December quarter profit.

(Reporting by Ranga Sirilal and Shihar Aneez; Editing by Sanjeev Miglani)
http://in.reuters.com/article/2013/02/18/markets-srilanka-idINL4N0BI2VW20130218

Sri Lanka stocks at 1-month low on Dialog after earnings

Is this really because of Dialog earning??????

econ

econ
Global Moderator
Not only dialog but most companies perform really poor in this quarter.

takefawaz


Senior Equity Analytic
Senior Equity Analytic
Why nobody talks about Dialog dividend announcement?

Kumar

Kumar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@takefawaz wrote:Why nobody talks about Dialog dividend announcement?

Dividend payment 33% more than previous year.

wiki


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@UKboy wrote:
Feb 18 (Reuters) - Sri Lankan stocks fell to a one-month low on Monday, dragged by top mobile phone operator, Dialog Axiata, after it reported a 30 percent fall in its December quarter profit.

(Reporting by Ranga Sirilal and Shihar Aneez; Editing by Sanjeev Miglani)
http://in.reuters.com/article/2013/02/18/markets-srilanka-idINL4N0BI2VW20130218

Sri Lanka stocks at 1-month low on Dialog after earnings

Is this really because of Dialog earning??????

මොනවා හරි කියන්නත් එපැයි

sanju351

sanju351
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@wiki wrote:
@UKboy wrote:
Feb 18 (Reuters) - Sri Lankan stocks fell to a one-month low on Monday, dragged by top mobile phone operator, Dialog Axiata, after it reported a 30 percent fall in its December quarter profit.

(Reporting by Ranga Sirilal and Shihar Aneez; Editing by Sanjeev Miglani)
http://in.reuters.com/article/2013/02/18/markets-srilanka-idINL4N0BI2VW20130218

Sri Lanka stocks at 1-month low on Dialog after earnings

Is this really because of Dialog earning??????

මොනවා හරි කියන්නත් එපැයි


Who is correct an d who is lying ?

This is what FT says ?

Dialog Axiata Group yesterday announced impressive results for the financial year ended on 31 December 2012 with strong revenue growth and improved bottom line.


The company said the Group demonstrated a strong revenue growth across Mobile, International, Digital Pay Television, Tele-infrastructure and Fixed Line businesses to record consolidated revenue of Rs. 56.3 billion for FY 2012, translating to YoY growth of 24%. Group Revenue for Q4 2012 was recorded at Rs. 15 b, reflecting growth of 4% QoQ.
Group EBITDA (Earnings before Interest, Tax, Depreciation and Amortisation) for the FY 2012 was recorded at Rs. 18.6 b, a significant increase of 13% relative to the corresponding period in 2011.
Group EBITDA Margin for FY 2012 declined marginally by three percentage points on a YoY basis to 33%. Group EBITDA contracted by 11% QoQ due to escalation in marketing and promotion activities and one-off costs related to modernisation of the company’s expansive service centre network to deliver the very best in efficient customer care across all provinces of the country.
Non-operational performance below EBITDA for FY 2012 is characterised by non-cash translational foreign exchange losses amounting to Rs. 2.2 b and a one-off write back of the company’s deferred tax provision of positive Rs. 2.3 b.

Non-cash foreign exchange losses accrued due to the devaluation of the SLR by 11.8% YTD and the write back of deferred tax was effected subsequent to the company opting for 2% revenue tax with effect from 2013 following the expiry of the company’s tax holiday.
Underpinned by the positive EBITDA growth trajectory, Group NPAT recorded a strong growth of 23% YoY to be recorded at Rs. 6 billion in FY 2012. Group NPAT for the fourth quarter however exhibited an 80% reduction relative to the previous quarter due to the contraction of EBITDA due to exceptional charges in the fourth quarter, and an impairment charge of Rs. 931 million related to legacy network elements being subject to modernisation and upgrade to match latest technology standards.
Group NPAT post normalisation for exceptional gains/charges (consisting of the non-cash foreign exchange loss of Rs. 2.2 billion, deferred taxation reversal of Rs. 2.3 billion and costs related to the Suntel acquisition amounting to Rs. 343 million), is recorded at Rs. 6.3 billion for FY 2012, demonstrating a significant growth in normalised NPAT performance of 29% YoY.
At an entity level, Dialog Axiata PLC (the Company) featuring the Mobile, International and Tele-Infrastructure segments of the Group portfolio, continued to contribute a major share (87%) of Group Revenue and (87%) of Group EBITDA. Company revenue grew 4% QoQ to reach Rs. 13.1 billion with revenue for FY 2012 being recorded at Rs. 49.8 billion, up 19% relative to FY 2011. During the course of 2012 the Company grew its mobile subscriber base to 7.82 million recording a 9% subscriber growth YoY.
On the backdrop of strong YoY performance in revenue, Company EBITDA for FY 2012 grew by 6% YoY to record Rs. 16.1 billion, featuring an EBITDA margin of 32%. Notwithstanding aggressive revenue performance, Company EBITDA contracted by 15% in the fourth quarter relative to the previous quarter due to the registering of one-off cost items and spend escalations as detailed above within the analysis of Group performance QoQ.
On the backdrop of strong YoY EBITDA performance, Company NPAT grew by 6% YoY to be recorded at Rs 6.2Bn inclusive of the impact of the deferred tax reversal of positive Rs. 2.3 b and non-cash forex translational loss of negative Rs. 2.2 b. Company NPAT normalised for the exceptional items was recorded at Rs. 6.4 b for FY 2012 an increase of 10% relative to FY 2011.
During the fourth quarter, Dialog Axiata PLC made a decisive foray in to the space of digital commerce through the acquisition of 26% in newly-formed company Digital Commerce Lanka (Pvt) Ltd., which going forward would bring together the e-commerce properties of market leading Daily Deals site Anything.lk with those of the Dialog Group.
Dialog Television continued its growth momentum recording YoY revenue growth of 27% to reach Rs. 3.0 billion for FY 2012. DTV EBITDA was recorded at Rs. 636 million for FY 2012, an improvement of 11% YoY on the back of strong revenue growth. NPAT however decreased by 57% YoY to be recorded at Rs. 11 million for FY 2012 due to the recording of an exceptional impairment charge arising from the ongoing upgrade of the company’s digital satellite broadcasting network from MPEG2 to MPEG4 and High Definition (HD) technologies.
The transition to a full MPEG4 configuration will enable DTV to increase the return on investment on satellite transponder resources going forward in tandem with enhancing the quality of service to consumers. DTV’s Pay Tv subscriber base increased by 23% YoY to 264,000 as at the end of FY 2012.
The fourth quarter saw the revolutionisation of the pay television market in Sri Lanka with the introduction of Sri Lanka’s first ever prepaid television service by Dialog TV. DTV’s prepaid service will bring best in class pay television content within reach of a wide spectrum of Sri Lankan households. The revolutionary Pay-As-You-Watch TV service from Dialog enables subscribers to select channels genres or individual channels and pay for them on a per-day basis.
Dialog Broadband Networks registered FY 2012 revenues of Rs. 5 b (up 125% YoY) driven in the main by the acquisition, merger and operational consolidation of Suntel Ltd. On the back of strong revenue and synergies achieved through the amalgamation, YoY EBITDA improved very significantly by 169% to be recorded at Rs. 1.8 billion. Accordingly, DBN registered an 87% decrease in Net Loss YoY, with NPAT for FY 2012 being recorded at negative Rs. 120 million relative to negative Rs. 945 million in FY 2011. Dialog Broadband Networks secured the distinction of launching the country’s first 4G LTE service for Home and Enterprise Customers in Q4 2012.
Group capital expenditure for FY 2012 amounted to Rs. 17.4 billion. Capital expenditure was directed in the main towards high speed mobile broadband and Optical Fibre Network (OFN) expansion projects and towards providing unparalleled data speeds and connectivity, further consolidating the Company’s coverage and quality leadership position.
Group Free Cash Flow (FCF) was recorded at Rs. 1.1 billion for the FY 2012 on the back of strong EBITDA performance and notwithstanding the escalation of investments in high speed broadband infrastructure and growth capacity to cater for enhanced demand for the multiple ICT services offered by the Dialog Group. The Group’s net debt to EBITDA increased marginally to 0.82x as at end of 2012 from 0.74x as at end of 2011.
In line with the performance of the Group and taking in to account forward investment requirements to serve the nation’s demand for mobile, fixed, broadband and digital television services, the Board of Directors of Dialog Axiata PLC resolved to propose for consideration by the shareholders of the Company a cash dividend to ordinary shareholders amounting to 33 cents (Rs/ 0.33) per share totalling to Rs. 2.7 b, demonstrating an increase of 32% in dividend per share compared to FY 2011.
The said dividend, if approved by shareholders, would translate to a payout of 45% of consolidated Group profits after preference dividend for FY 2012. The dividend so proposed will be considered for approval by the shareholders at the Annual General Meeting (AGM) of the Company, the date pertaining to which would be notified in due course.

http://www.ft.lk/2013/02/19/dialog-rings-23-net-profit-growth-to-rs-6-b/

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
No one is lying.
Reuters report talking about last quarter profit fall, FT.lk talking about FY2012.

sanju351

sanju351
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Redbulls wrote:No one is lying.
Reuters report talking about last quarter profit fall, FT.lk talking about FY2012.

Thank you ..
Then DIALOG SHARE HOLDERS SHOULD NOT WORRIED as overall their company has performed well .Not sure what was the reason for the share to fall when they announced a reasonable DVD ..?

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
@sanju351 wrote:
@Redbulls wrote:No one is lying.
Reuters report talking about last quarter profit fall, FT.lk talking about FY2012.

Thank you ..
Then DIALOG SHARE HOLDERS SHOULD NOT WORRIED as overall their company has performed well .Not sure what was the reason for the share to fall when they announced a reasonable DVD ..?

December quarter - write off made sigificant changes in the profit.
Overall currency devaluation also affecting Dialog profit.
Interest to see their current quarter report.

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
time ctcs,llubs and nests to make their move slowly ...in red days Rolling Eyes

Backstage

Backstage
Moderator
Moderator
Reuters in the recent past are quite boldly announcing reasons for market ups and downs in their headlines straight off the hip. Cowboy journalism , instant analysis or hidden agenda ? ( no personal offense intended)

Sponsored content


Back to top  Message [Page 1 of 1]

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