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Dear Experts ! Please Help

+6
seek
Chinwi
smallville
rainmaker
Slstock
sampath2009
10 posters

Go down  Message [Page 1 of 1]

1Dear Experts ! Please Help Empty Dear Experts ! Please Help Tue Apr 02, 2013 1:53 pm

sampath2009

sampath2009
Stock Analytic
Stock Analytic

Machanla mata podi case ekak thiyenawa calculation wala. Mama mechchara kal ratio balanna gatte group eke figures. eth mata ada ekek kiyanawa group eka ganna eka waradilu. company eke figures lu ganna ona. mokak da hari ? group eke data gannada ? company eke data ganna da ? please help.

2Dear Experts ! Please Help Empty Re: Dear Experts ! Please Help Tue Apr 02, 2013 1:54 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

If there is a group or consolidated figures we go with them.

3Dear Experts ! Please Help Empty Thanks SLSTOCK Tue Apr 02, 2013 3:59 pm

sampath2009

sampath2009
Stock Analytic
Stock Analytic

slstock wrote:If there is a group or consolidated figures we go with them.

Thanks Machan

4Dear Experts ! Please Help Empty Re: Dear Experts ! Please Help Tue Apr 02, 2013 4:16 pm

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

You buy the Company. The Company may have subsidiaries and hence apart from the company's performance there is a group performance.

Hence using a group result is not incorrect. BUT note that the dividends would be distributed via the listed company and hence cash has to flow to the listed firm from it's investments.

5Dear Experts ! Please Help Empty Thanks RAINMAKER Tue Apr 02, 2013 4:44 pm

sampath2009

sampath2009
Stock Analytic
Stock Analytic

rainmaker wrote:You buy the Company. The Company may have subsidiaries and hence apart from the company's performance there is a group performance.

Hence using a group result is not incorrect. BUT note that the dividends would be distributed via the listed company and hence cash has to flow to the listed firm from it's investments.


Thanks RAINMAKER , got it. Thanks a lot bro !

6Dear Experts ! Please Help Empty Re: Dear Experts ! Please Help Fri Apr 05, 2013 9:34 am

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Your friend is wrong Wink
We usually go with group performance.. Idea was highlighted by the rainmaker above..

The group statements are usually informative, while the company statements provide little information. For example, the balance sheet of a listed company which is a holding company will have subsidiaries as its main asset (hence a single item as its assets). The consolidated balance sheet will show the actual assets (PPE, inventories, cash, etc) of the various subsidiaries it has. Same goes for income statement as well.

7Dear Experts ! Please Help Empty Re: Dear Experts ! Please Help Fri Apr 05, 2013 1:28 pm

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics

sampath2009 wrote:Machanla mata podi case ekak thiyenawa calculation wala. Mama mechchara kal ratio balanna gatte group eke figures. eth mata ada ekek kiyanawa group eka ganna eka waradilu. company eke figures lu ganna ona. mokak da hari ? group eke data gannada ? company eke data ganna da ? please help.

Maara case ekak ne. !
Kawuda machan oya Company figures ganna kiyapu eka ?
Oota kompani ganna kiyala umba Group figures ganin machan.
OK machan ? tongue

Me prashne godak denekuta mulinma ena ekak thamayi.
Mehema dewal ahana eka hondayi. Me gana sure nathuwa hitapu anith ayatath danaganna puluwan ne.

8Dear Experts ! Please Help Empty Re: Dear Experts ! Please Help Fri Apr 05, 2013 3:15 pm

seek


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Chinwi wrote:
sampath2009 wrote:Machanla mata podi case ekak thiyenawa calculation wala. Mama mechchara kal ratio balanna gatte group eke figures. eth mata ada ekek kiyanawa group eka ganna eka waradilu. company eke figures lu ganna ona. mokak da hari ? group eke data gannada ? company eke data ganna da ? please help.

Maara case ekak ne. !
Kawuda machan oya Company figures ganna kiyapu eka ?
Oota kompani ganna kiyala umba Group figures ganin machan.
OK machan ? tongue

Me prashne godak denekuta mulinma ena ekak thamayi.
Mehema dewal ahana eka hondayi. Me gana sure nathuwa hitapu anith ayatath danaganna puluwan ne.

අය්යා සම්පත්ට මචන් කියන්ට ඔයා වයස වැඩි නේද ?. එයා තාම A/L කරපු පොඩි කොල්ලෙක් වගේ .

9Dear Experts ! Please Help Empty Re: Dear Experts ! Please Help Fri Apr 05, 2013 3:26 pm

Monster

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Sampath machanglagen prashnayak ahadhdhi, chinwi ayya machang kiyala uththara dena eke ahulak ne ne.
seek wrote:
Chinwi wrote:
sampath2009 wrote:Machanla mata podi case ekak thiyenawa calculation wala. Mama mechchara kal ratio balanna gatte group eke figures. eth mata ada ekek kiyanawa group eka ganna eka waradilu. company eke figures lu ganna ona. mokak da hari ? group eke data gannada ? company eke data ganna da ? please help.

Maara case ekak ne. !
Kawuda machan oya Company figures ganna kiyapu eka ?
Oota kompani ganna kiyala umba Group figures ganin machan.
OK machan ? tongue

Me prashne godak denekuta mulinma ena ekak thamayi.
Mehema dewal ahana eka hondayi. Me gana sure nathuwa hitapu anith ayatath danaganna puluwan ne.

අය්යා සම්පත්ට මචන් කියන්ට ඔයා වයස වැඩි නේද ?. එයා තාම A/L කරපු පොඩි කොල්ලෙක් වගේ .

10Dear Experts ! Please Help Empty Re: Dear Experts ! Please Help Fri Apr 05, 2013 5:43 pm

sampath2009

sampath2009
Stock Analytic
Stock Analytic

Chinwi wrote:
sampath2009 wrote:Machanla mata podi case ekak thiyenawa calculation wala. Mama mechchara kal ratio balanna gatte group eke figures. eth mata ada ekek kiyanawa group eka ganna eka waradilu. company eke figures lu ganna ona. mokak da hari ? group eke data gannada ? company eke data ganna da ? please help.

Maara case ekak ne. !
Kawuda machan oya Company figures ganna kiyapu eka ?
Oota kompani ganna kiyala umba Group figures ganin machan.
OK machan ? tongue

Me prashne godak denekuta mulinma ena ekak thamayi.
Mehema dewal ahana eka hondayi. Me gana sure nathuwa hitapu anith ayatath danaganna puluwan ne.

Thanks Machan... Mage oluwa hondatama narak wela thiyenne. 50% kiyanawa group fig balanna kiyala mama kalin baluweth ehemai. mage aluth adviser kiyanawa company balanna kiyala. invest karana un athara kisima ekagathawayak ne mokak da hari kiyala. samaharu kiyanawa group ekai company ekai 2 kama balanna ona kiyala. Aiyo salary !!!! Mad Mad Mad Mad Mad Mad Mad Mad Mad Mad Mad Mad Mad Mad Mad Mad Mad Mad Mad mata nikan pissu wage Mad Mad Mad Mad Mad Mad

11Dear Experts ! Please Help Empty Re: Dear Experts ! Please Help Fri Apr 05, 2013 5:46 pm

sampath2009

sampath2009
Stock Analytic
Stock Analytic

seek wrote:
Chinwi wrote:
sampath2009 wrote:Machanla mata podi case ekak thiyenawa calculation wala. Mama mechchara kal ratio balanna gatte group eke figures. eth mata ada ekek kiyanawa group eka ganna eka waradilu. company eke figures lu ganna ona. mokak da hari ? group eke data gannada ? company eke data ganna da ? please help.

Maara case ekak ne. !
Kawuda machan oya Company figures ganna kiyapu eka ?
Oota kompani ganna kiyala umba Group figures ganin machan.
OK machan ? tongue

Me prashne godak denekuta mulinma ena ekak thamayi.
Mehema dewal ahana eka hondayi. Me gana sure nathuwa hitapu anith ayatath danaganna puluwan ne.

අය්යා සම්පත්ට මචන් කියන්ට ඔයා වයස වැඩි නේද ?. එයා තාම A/L කරපු පොඩි කොල්ලෙක් වගේ .

Photo eke 2008 gatta ekak. math dan tikak wayasai... eka nisa awulak ne. by the way thanks for your post Crying or Very sad Crying or Very sad Crying or Very sad Crying or Very sad Crying or Very sad

12Dear Experts ! Please Help Empty Re: Dear Experts ! Please Help Fri Apr 05, 2013 5:48 pm

sampath2009

sampath2009
Stock Analytic
Stock Analytic


kisi awulak ne. Machan kiyana wachaneta wayasak ne ne machan. Ape siya thama allapu gedara uncle ta kiyanne Machan kiyala. habai u ape ekata wada 20 years withara balai..... Laughing Laughing Laughing Laughing Laughing Laughing Laughing Laughing Laughing Laughing Laughing Laughing Laughing Laughing Laughing Laughing Laughing Laughing


Monster wrote:Sampath machanglagen prashnayak ahadhdhi, chinwi ayya machang kiyala uththara dena eke ahulak ne ne.
seek wrote:
Chinwi wrote:
sampath2009 wrote:Machanla mata podi case ekak thiyenawa calculation wala. Mama mechchara kal ratio balanna gatte group eke figures. eth mata ada ekek kiyanawa group eka ganna eka waradilu. company eke figures lu ganna ona. mokak da hari ? group eke data gannada ? company eke data ganna da ? please help.

Maara case ekak ne. !
Kawuda machan oya Company figures ganna kiyapu eka ?
Oota kompani ganna kiyala umba Group figures ganin machan.
OK machan ? tongue

Me prashne godak denekuta mulinma ena ekak thamayi.
Mehema dewal ahana eka hondayi. Me gana sure nathuwa hitapu anith ayatath danaganna puluwan ne.

අය්යා සම්පත්ට මචන් කියන්ට ඔයා වයස වැඩි නේද ?. එයා තාම A/L කරපු පොඩි කොල්ලෙක් වගේ .

13Dear Experts ! Please Help Empty Re: Dear Experts ! Please Help Fri Apr 05, 2013 8:20 pm

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics

I believe the cast and creed / race , religion, age, gender , education levels, profession etc. are immaterial in addressing the members in the forums like this. We all come with pseudo identity.

It is true the regular visitors develop some virtual? friendship and get familiar with our personal attitudes, details and background.

thanks


14Dear Experts ! Please Help Empty Re: Dear Experts ! Please Help Fri Apr 05, 2013 8:37 pm

Roboticfx

Roboticfx
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Dear Friend,

My answer is also to analyze the consolidated financial statement. I can further explain it for better understand.

Take X as the company, you consider and Y as its subsidiary. Imagine there are current assets worth 500,000 and 400,000 which the 1st is belong to X and 2nd is belonged to Y. It is shown clearly at below.

______________ Asset______ Value

X_____________01_______ 500000
Y_____________02_______ 400000

Next imagine there are two current liabilities worth 250,0000 and 800,000.

______________ Liability______Value

X______________01________250,000
Y _____________ 02________800,000


Now I add them together and create the consolidated values.

Total Current Assets = 900,000
Total Current Liabilities = 1,050,000

Lets we calculate the Quick Acid Ratio. First we take only the assets and liabilities belonged only to X.

=Current Assets/Current Liabilities

=500,000/250,000
=2 (Decision: Strong. Company has sufficient liquid assets to cover its current liabilities)

Second we take the consolidated values.


=Current Assets/Current Liabilities

=900,000/1,050,000
=0.86 (Decision: Weak. The company doesn't have sufficient liquid assets to cover its current liabilities)

I suppose now you can understand the reason. Consolidated values (Group) provide you the most correct view. For further info, post it under the topic. Smile



Last edited by Roboticfx on Fri Apr 05, 2013 8:39 pm; edited 1 time in total (Reason for editing : Alignments corrected)

15Dear Experts ! Please Help Empty Re: Dear Experts ! Please Help Fri Apr 05, 2013 9:11 pm

seek


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

@Chinwi just kidding. hope u got it

16Dear Experts ! Please Help Empty Re: Dear Experts ! Please Help Sun Apr 07, 2013 10:11 pm

sampath2009

sampath2009
Stock Analytic
Stock Analytic

Roboticfx wrote:Dear Friend,

My answer is also to analyze the consolidated financial statement. I can further explain it for better understand.

Take X as the company, you consider and Y as its subsidiary. Imagine there are current assets worth 500,000 and 400,000 which the 1st is belong to X and 2nd is belonged to Y. It is shown clearly at below.

______________ Asset______ Value

X_____________01_______ 500000
Y_____________02_______ 400000

Next imagine there are two current liabilities worth 250,0000 and 800,000.

______________ Liability______Value

X______________01________250,000
Y _____________ 02________800,000


Now I add them together and create the consolidated values.

Total Current Assets = 900,000
Total Current Liabilities = 1,050,000

Lets we calculate the Quick Acid Ratio. First we take only the assets and liabilities belonged only to X.

=Current Assets/Current Liabilities

=500,000/250,000
=2 (Decision: Strong. Company has sufficient liquid assets to cover its current liabilities)

Second we take the consolidated values.


=Current Assets/Current Liabilities

=900,000/1,050,000
=0.86 (Decision: Weak. The company doesn't have sufficient liquid assets to cover its current liabilities)

I suppose now you can understand the reason. Consolidated values (Group) provide you the most correct view. For further info, post it under the topic. Smile

Thank you very much !

17Dear Experts ! Please Help Empty Re: Dear Experts ! Please Help Sun Apr 07, 2013 10:13 pm

sampath2009

sampath2009
Stock Analytic
Stock Analytic

Chinwi wrote:I believe the cast and creed / race , religion, age, gender , education levels, profession etc. are immaterial in addressing the members in the forums like this. We all come with pseudo identity.

It is true the regular visitors develop some virtual? friendship and get familiar with our personal attitudes, details and background.

thanks



Chinwi.... tharaha gihin da ? Cool Cool Cool Cool Cool

18Dear Experts ! Please Help Empty Re: Dear Experts ! Please Help Sun Apr 07, 2013 10:18 pm

sampath2009

sampath2009
Stock Analytic
Stock Analytic

seek wrote:@Chinwi just kidding. hope u got it

Cool Cool Cool Cool Cool

19Dear Experts ! Please Help Empty Re: Dear Experts ! Please Help Mon Apr 08, 2013 12:13 am

bullrun

bullrun
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

If you buy JKH, you are buying the group of companies indirectly as an example. So, you have to look group performance. that is all.

20Dear Experts ! Please Help Empty Re: Dear Experts ! Please Help Mon Apr 08, 2013 9:18 am

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

If you take JKH. Company Rev. for the last quarter is just around 171m if I am not mistaken. And the Group Rev. is around 20m + ........So if you analyses the Company info Sudda fellow will never buy this share.


If you have a 100% dedicated company just to act as the Holding company, we don’t see single figure under Rev. But Holding company will get Dividends from subsidiaries. In the case of JKH I think JKH company gets consultancy fee as the revenue……..no idea.

Nobody will give you loans against the companies P&L. For an example if JKH produces their Company accounts the real picture is not reflected. You can just see the Investments Company has done over last year’s through the balance sheet under investments in subsidiaries and associated but those are not revalued.

So only the Consolidated/Group accounts reflect the real situation but make sure to exclude the minority holding.

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