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

» RWSL RWSL rwsl
by dayandacool Yesterday at 11:19 pm

» Is 12th a holiday CSE
by Harry82 Yesterday at 11:03 pm

» Kelani TYRES
by shan31 Yesterday at 9:07 pm

» VALLIBEL ONE PLC (VONE.N0000)
by shan31 Yesterday at 8:54 pm

» DIPD/HAYC/HAYL
by shan31 Yesterday at 8:06 pm

» TOKYO CEMENT COMPANY (LANKA) PLC
by shan31 Yesterday at 7:34 pm

» Crypto , Digital Currency Trading , Forex
by RJ1010 Yesterday at 6:27 pm

» South Asia’s first Disneyland to come up in Sri Lanka
by samaritan Yesterday at 1:42 pm

» RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)
by stockchaser Yesterday at 11:01 am

» LOLC Share Price
by madukp Yesterday at 1:27 am

» Daily Foreign Transactions
by Pradeep90 Fri Apr 09, 2021 7:53 pm

» TALAWAKELLE TEA ESTATES PLC (TPL.N0000)
by lakymahesh Fri Apr 09, 2021 6:20 pm

» Sri Lanka bans palm oil imports, tells producers to uproot plantations
by CHRONICLE™ Fri Apr 09, 2021 3:22 pm

» Raigam wayamba salt RWSL.N
by Rational Investor Fri Apr 09, 2021 2:35 pm

» B P P L HOLDINGS PLC (BPPL.N0000)
by Bakka1988 Fri Apr 09, 2021 1:33 pm

» BROWNS INVESTMENTS PLC (BIL.N0000)
by madukp Fri Apr 09, 2021 12:33 pm

» ASPI Prediction by HNWI
by samaritan Fri Apr 09, 2021 9:09 am

» Price prediction on GRAN and TAFL
by desh87 Fri Apr 09, 2021 3:31 am

» දර්ශක අගයන් 8200 -9000 මට්ටමට හෝ ඉන් ඔබ්බට ජූලී මාසේ එන්න පුලුවන්
by kalu351 Thu Apr 08, 2021 11:25 pm

» The goal is to make money, not to prove you're right and the stock market is wrong. Stock market for beginners
by Asoka Samarakone Thu Apr 08, 2021 10:07 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™ » 02-May-2013 Discontinuation of Pharmaceutical Operations - PHAR

02-May-2013 Discontinuation of Pharmaceutical Operations - PHAR

Go down  Message [Page 1 of 1]

sriranga

sriranga
Co-Admin
http://www.cse.lk/cmt/upload_cse_announcements/2491367478933_.pdf

02-May-2013 Discontinuation of Pharmaceutical Operations - PHAR Pharma10

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

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
Another shell company to the list

sureshot

sureshot
Vice President - Equity Analytics
Vice President - Equity Analytics
These baila will not work these days pharm.n

Jiggysaurus

Jiggysaurus
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@sureshot wrote:These baila will not work these days pharm.n

Maybe they have found a platinum mine under the pharmacy? So they will stop the pharmacy operations and start digging operations.

ccsentha


Vice President - Equity Analytics
Vice President - Equity Analytics
In the announcement it says they are changing bcoz current business has been a loss making one, but their financial statements isn't showing any loss ne....what is going on? are they trying to cheat investors? or am i missing some thing here?

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics
PHAR somthing will happen near future.

ccsentha


Vice President - Equity Analytics
Vice President - Equity Analytics
@Gainer wrote:PHAR somthing will happen near future.
good companies with good management don't change their business in 360 Degrees.

If they want to change business, What they will do is open up another company/subsidiary and start the new business.

Monster

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Ideally PHAR should be move from "Chemical & Pharmaceutical" sector to "Land & Property" sector.


Pharma firm into apartments and mixed development

The Colombo Pharmacy Company, which recently exited from the pharmaceutical business, is planning on apartments and mixed development at its lands in Colombo, officials said.

An official told the Business Times that in the 200 perch property at Union Place plans are afoot to build a commercial and entertainment facility while on a 30-perch land at Bambalapitiya, the company is planning a commercial apartment complex.

“We get rental income from our buildings at Union Place and Bambalapitiya and after the special resolution is passed, we will change the name to Colombo Holding Company PLC as it will act as a holding company for our real estate,” the official said. He added that they also want to acquire more land through this holding company in Colombo and the suburbs for real estate development.

http://www.sundaytimes.lk/130512/business-times/pharma-firm-into-apartments-and-mixed-development-43631.html

sriranga

sriranga
Co-Admin
The Colombo Pharmacy Company, which recently exited from the pharmaceutical business, is planning on apartments and mixed development at its lands in Colombo, officials said.

An official told the Business Times that in the 200 perch property at Union Place plans are afoot to build a commercial and entertainment facility while on a 30-perch land at Bambalapitiya, the company is planning a commercial apartment complex.

“We get rental income from our buildings at Union Place and Bambalapitiya and after the special resolution is passed, we will change the name to Colombo Holding Company PLC as it will act as a holding company for our real estate,” the official said. He added that they also want to acquire more land through this holding company in Colombo and the suburbs for real estate development.
http://www.sundaytimes.lk/130512/business-times/pharma-firm-into-apartments-and-mixed-development-43631.html

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

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
මේ උන්නැහේලා ප්ලැටිනම් පතලකට රිංගුවා තිබුන ප්ලැටිනම් අතුරුදහන් උනා .
ෆාමසියට ගියා බෙහෙත් නැති උනා . Razz

කොහොම උනත් ලෙහෙසි වැඩේ . බෙහෙත් විකුණ විකුණා ඉන්නවට වඩා ලාබයි දැන් කොළඹ මැද්දේ තියෙන ඉඩම් විකුණගෙන කන එක .

BTW, this was expected.
I think many companies established their presence in Colombo decades ago will think similar way , if the have least performing places or industrial lands in the Capital.

Today I heard the foundation work of the Lotus Tower ( Nelum Kuluna) is nearing completion.
I feel when we reach 2015 we may see different valuation for Colombo Properties.
Last week there was some heat in CSD, ETWO , EQIT , EAST. They may give moderate return in 2 years time.

We have similar experience with ASCOT and GLASS(they only moved away from original place)

Sponsored content


Back to top  Message [Page 1 of 1]

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