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 Eranga87 Today at 12:30 pm

» Lanka Walltile PLC Investment Case
by judecroos Today at 8:55 am

» Which is the best at current market condition ? ( At least 30% within 30 Days)
by judecroos Today at 8:39 am

» ???? අප්‍රේල් 16 ???? මේ දින 3 කෙටි සතියත් කොළපාටින් අවසන් වුනා
by mahasona2 Today at 12:40 am

» Daily Foreign Transactions
by Pradeep90 Yesterday at 8:03 pm

» First capital holdings CFVF.N0000
by High-flyer Yesterday at 3:22 pm

» Big opportunity in Kegalle Plantations
by EquityChamp Yesterday at 2:58 pm

» RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)
by stockchaser Yesterday at 2:42 pm

» විජේදාසගේ... voice cut ප්‍රතිඵල
by nigma Yesterday at 11:59 am

» If you buy a stock that’s not going up in price, you won’t make any money. STOCK market for beginners
by dayandacool Yesterday at 11:31 am

» B P P L HOLDINGS PLC (BPPL.N0000)
by vikiperera Yesterday at 11:17 am

» VPEL VPEL VPEL
by invest thinker Yesterday at 10:23 am

» Thoughts on SINS
by Swissinvest Yesterday at 10:04 am

» VFIN / VPEL / PABC - Share SPLIT or VTWO ?
by WealthKing Yesterday at 8:33 am

» DIPD/HAYC/HAYL
by Harry82 Yesterday at 5:46 am

» ROYAL CERAMICS PLC (RCL.N0000)
by shan31 Thu Apr 15, 2021 11:22 pm

» LANKA ALUMINIUM INDUSTRIES PLC (LALU.N0000)
by Jana Thu Apr 15, 2021 11:15 pm

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by learningthemarket Thu Apr 15, 2021 8:18 pm

» LOLC Share Price
by EGG Thu Apr 15, 2021 5:59 pm

» L B FINANCE PLC (LFIN.N0000)
by Venu123 Thu Apr 15, 2021 2:06 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™ » GLASS is trouble?

GLASS is trouble?

Go down  Message [Page 1 of 1]

1GLASS is trouble? Empty GLASS is trouble? Fri Mar 08, 2013 6:54 pm

keeper

keeper
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Why Glass price is move down?Have you any reason.....?, Arrow Today trade volume 10,193,400 But price is not move up,Why many shares sell to low price? Evil or Very Mad

2GLASS is trouble? Empty Re: GLASS is trouble? Fri Mar 08, 2013 7:00 pm

bullrun

bullrun
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@keeper wrote:Why Glass price is move down?Have you any reason.....?, Arrow Today trade volume 10,193,400 But price is not move up,Why many shares sell to low price? Evil or Very Mad

One possible reason may be the low cost. So, can sell at a profit and re enter at logical price level!

3GLASS is trouble? Empty Re: GLASS is trouble? Fri Mar 08, 2013 9:37 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@ 6, the 14day MA crossed uppish the 50day MA but the momentum ended at 6.40.
After that a bit of sideways trading were scene. Today with heavy volume it came back to 6.

It looks like some parcel has changed hands.

But at this point I see 50day MA tries to cross the 100day MA but MACD and RSI is way down.

ADX wont show a strength signal either.

Last time they gave a Rs.0.36 per share dividend. Previous year it was Rs. 0.30/-.
Historically their was a tendency to announce dividend news and later amend the payment dates.
So the announcement has to come in April or May if not byt the end of this month. bounce

4GLASS is trouble? Empty Re: GLASS is trouble? Fri Mar 08, 2013 9:42 pm

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics
Rapidly increasing energy price is giving little concern now

5GLASS is trouble? Empty Re: GLASS is trouble? Fri Mar 08, 2013 9:45 pm

yaka

yaka
Manager - Equity Analytics
Manager - Equity Analytics
im too worried about glas Crying or Very sad

6GLASS is trouble? Empty Re: GLASS is trouble? Sat Mar 09, 2013 7:01 am

Fresher


Moderator
Moderator
GLAS has paid out 50% of full year profits. And the announcement has come after they have finalized their accounts (In April) and paid around August.

Further, so far they have 0.65/- EPS for first nine months. SO you can make a guess on which range the dividend is going to be. Unlikely it will make losses. So it will be a minimum of around 0.33/- to 0.40/-

What we can notice is they have been paying dividends (to pay the parent) instead of settling much of the debt. Interesting to see if they have changed this stance now as the finance cost is likely to hurt the bottomline.

7GLASS is trouble? Empty Re: GLASS is trouble? Sat Mar 09, 2013 10:48 am

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
npp wrote:

What we can notice is they have been paying dividends (to pay the parent) instead of settling much of the debt. Interesting to see if they have changed this stance now as the finance cost is likely to hurt the bottomline.

I think they are waiting for a buyer to come and give them over 3 billion for the land they own in Ratmalana (Borupana Road) . If that happens they may pay about half of debt.

Somehow, I think within another 1-2 years time this 21 acre land become worth than the total assets employed in their main business.

8GLASS is trouble? Empty Re: GLASS is trouble? Sat Mar 09, 2013 6:19 pm

WildBear


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Chinwi wrote:
npp wrote:

What we can notice is they have been paying dividends (to pay the parent) instead of settling much of the debt. Interesting to see if they have changed this stance now as the finance cost is likely to hurt the bottomline.

I think they are waiting for a buyer to come and give them over 3 billion for the land they own in Ratmalana (Borupana Road) . If that happens they may pay about half of debt.

Somehow, I think within another 1-2 years time this 21 acre land become worth than the total assets employed in their main business.
That is a hidden value of GLAS in adition to their monopoly core business, similar value have with RICH with their hyde park, Nawinna and Kandy properties.Their value will rise with propety price. However land sale restrictions to foreign parties will adversly affect property prices, What do you think ?

9GLASS is trouble? Empty Re: GLASS is trouble? Sat Mar 09, 2013 7:23 pm

Dileepa


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
BOI tax free period of 5 years ended on 31Dec 2012.
Now GLAS have to pay 10% tax for next 2 years and 20% there after.

10GLASS is trouble? Empty Re: GLASS is trouble? Mon Mar 11, 2013 3:48 am

Rapaport

Rapaport
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
2 companies with bright prospects but energy prices will eat into their profits this year.. Thanks to Govt mismanagement of CPC/CEB

GLAS and RCL......

11GLASS is trouble? Empty Re: GLASS is trouble? Mon Mar 11, 2013 1:38 pm

salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics
RCL not bad, but improvement in TILE is noteworthy. I use to buy from RCL, they have a good range. But I went to Tile showroom recently to buy some small stuff and found they have increased their service standard, range of products, in fact they offer much wider range of other products than tiles, which is like a monopoly. ( Tile motor, grout, stones, tile gums, new method for tile fixing..etc)

This seems the case with bottom line as well. you may check quarterly accounts

Sponsored content


Back to top  Message [Page 1 of 1]

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