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

» ASIRI HOSPITAL HOLDING PLC
by ADVENTUS Today at 1:11 am

» EXPO VS DIPP
by wolfie Today at 12:42 am

» Margin credit
by Newdon Today at 12:30 am

» BAIRAHA FARMS PLC (BFL.N0000)
by ADVENTUS Today at 12:25 am

» Daily Foreign Transactions
by Pradeep90 Yesterday at 11:23 pm

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by ErangaDS Yesterday at 11:18 pm

» Broker Credit
by Win Win Yesterday at 10:14 pm

» භයානක නැද්ද?
by Win Win Yesterday at 10:10 pm

» 2021 - Stock Split Year at the CSE
by Pbv Yesterday at 10:05 pm

» DIPD/HAYC/HAYL
by Win Win Yesterday at 10:01 pm

» PIRAMAL GLASS CEYLON PLC (GLAS.N0000)
by C.THARANGA Yesterday at 8:17 pm

» Technically positive ..HNB Target price Rs 170
by CSEdeSILVA Yesterday at 8:12 pm

» DISTILLERIES COMPANY OF SRI LANKA PLC (DIST.N0000)
by EPS Yesterday at 7:44 pm

» Abans Finance plc(AFSL)
by soileconomy Yesterday at 6:47 pm

» Could SIRA be a jackpot?
by samaritan Yesterday at 6:25 pm

» LOFC 15+++
by Vishwanarth Yesterday at 4:29 pm

» BROWNS INVESTMENTS PLC (BIL.N0000)
by Vishwanarth Yesterday at 4:27 pm

» Try to buy PHAR under 1000/=
by motleyfool Yesterday at 3:22 pm

» BROWN & Company
by AsithaDe Yesterday at 3:04 pm

» 30% Gain Possible Shares
by desmond Yesterday at 2:39 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™ » INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000)

INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000)

Go to page : 1, 2, 3 ... 9, 10, 11  Next

Go down  Message [Page 1 of 11]

CSEdeSILVA


Equity Analytic
Equity Analytic
If someone wants more gain better this share. 25% profit guaranteed.
If buy @0.30cents  and more to 0.40 cents, 25% profit sure. it may move with in short time of period.
As per last financial report N.A.V - 0.29 cents. So it's no risk at all.

geesura

geesura
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@vikiperera wrote:
@ColomboCSE wrote:CASH FLOW බැලුවම මට නම් මට නම් හොදක් පෙන්නේ නැ...
ඔයා ඕක බල බල ඉන්න ලංකාව මාකට් එක උඩට යන්න පහලට යන්න ඕක බලපාන්නෙ නෑ.
on point

RJ1010


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@DamithAsian wrote:@Invest Thinker

What is happened to the CSE? Even after a positive budget also there is no motivation. Some twitters have said needful to propose reduction of Transactions fee from the government as well. What is your opinion
Out of topic son...

There’s a heated exchange on this ASPH thread 😄 this is wolf of Wall Street stuff
Opinions clearly are divided. There’s pros and cons mentioned in this entire thread. Let new investors read through and decide for themselves.

DamithAsian


Manager - Equity Analytics
Manager - Equity Analytics
@Invest Thinker

What is happened to the CSE? Even after a positive budget also there is no motivation. Some twitters have said needful to propose reduction of Transactions fee from the government as well. What is your opinion

invest thinker


Manager - Equity Analytics
Manager - Equity Analytics
suku502
@RJ1010 wrote:
@cselearner wrote:Dear Experts, 
What you opinion  for INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000), financial performance in future. 
As per the Budget 2021, there will by strong demand for asphalt  for the Road development projects. 
Since ASPH produces   SEALKOTE®  (BITUMEN EMULSIONS AND CUTBACKS) . May be this share will be benefit in coming budget and development project ??

Don’t even touch this garbage. There was a major share split and rights issue this year. Now it’s a very high risk share.
i too agree with u , this is a high risk share .
after split ASPH Avg. cost is 0.07cents. but in the mkt it should be trade .10 cents since there is no .07 or .08 . look at the share holding composition , it will give the answer . before the split , the price went without any concrete reason (to around 400 +). ??? is why CSE/ Sec not inquire the these type of splits , actually there is hidden game. there may be capital gain but new comers should learn with past experience . for me this share not worth .05 rs. be careful .




@suku502,


before , split or whatever, first must need to take approval CSE. after consider figures & facts, ULTIMATE regulatory authorizer CSE. not you. ASPH really think about their existing shareholders than others. That's thing, they always maximize shareholders wealth. ok, i ll come to topic.


how did you measure RISK in ASPH? we need to your calculation. before ASPH split NAV is Rs.1088. market traded @ RS. 450. AFTER split NAV 0.24cents and Now, NAV is RS.0.29Cents. ASPH trade in similar to NAV. when we compare with others, ASPH IS REALLY worth. BECAUSE other less than RS.1 share traded over NAV 2 more times. Anyway, this budget so benefited to ASPH too. ASPH holders really lucky. 


Compare with others less Rs.1 shares, can understand over/under or fairly value shares. 


share             NAV       Market price

ASPH              0.29          0.30
MULL              0.21          1.10
TESS              0.33          0.70
CSF                0.79          1.10
BERU              0.44          1.00
SEMB              0.57          0.60
BLUE               0.30          0.70


SOME people repeated about split of ASPH. after 5 years, this people talk about this split. they never think out of box. compare with less 1 rupees shares, ASPH, really WORTH @ Current level. They expand their non co-business activities with using half of right issue fund. Recently, Dr.Senthilverl bought over 142Mn shares @0.30 cents and increase no. of shares up to 368Mn shares. 
others haven't any reasonable proved evidence, every times, talks regarding ASPH share split not other thing. never see future benefits. GL.

Eranga87 and CSEdeSILVA like this post

KingMaker2020


Equity Analytic
Equity Analytic
@suku502 wrote:
@RJ1010 wrote:
@cselearner wrote:Dear Experts, 
What you opinion  for INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000), financial performance in future. 
As per the Budget 2021, there will by strong demand for asphalt  for the Road development projects. 
Since ASPH produces   SEALKOTE®  (BITUMEN EMULSIONS AND CUTBACKS) . May be this share will be benefit in coming budget and development project ??

Don’t even touch this garbage. There was a major share split and rights issue this year. Now it’s a very high risk share.
i too agree with u , this is a high risk share .
after split ASPH Avg. cost is 0.07cents. but in the mkt it should be trade .10 cents since there is no .07 or .08 . look at the share holding composition , it will give the answer . before the split , the price went without any concrete reason (to around 400 +). ??? is why CSE/ Sec not inquire the these type of splits , actually there is hidden game. there may be capital gain but new comers should learn with past experience . for me this share not worth .05 rs. be careful .

Very well said. This is such a mystery share.. 
We, as traders, analyse before making a decision, otherwise it is considered a gamble.

suku502


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@RJ1010 wrote:
@cselearner wrote:Dear Experts, 
What you opinion  for INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000), financial performance in future. 
As per the Budget 2021, there will by strong demand for asphalt  for the Road development projects. 
Since ASPH produces   SEALKOTE®  (BITUMEN EMULSIONS AND CUTBACKS) . May be this share will be benefit in coming budget and development project ??

Don’t even touch this garbage. There was a major share split and rights issue this year. Now it’s a very high risk share.
i too agree with u , this is a high risk share .
after split ASPH Avg. cost is 0.07cents. but in the mkt it should be trade .10 cents since there is no .07 or .08 . look at the share holding composition , it will give the answer . before the split , the price went without any concrete reason (to around 400 +). ??? is why CSE/ Sec not inquire the these type of splits , actually there is hidden game. there may be capital gain but new comers should learn with past experience . for me this share not worth .05 rs. be careful .

KingMaker2020 likes this post

C.THARANGA


Senior Equity Analytic
Senior Equity Analytic
YES. @investor thinker. agreed with what you said. Anyway, recently i saw, Dr. Senthivel bought over 140 Mn no. shares @ 0.30 cents.




INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) Ase10



Eranga87, cselearner, invest thinker, SL-INVESTOR, Sachira90 and CSEdeSILVA like this post

invest thinker


Manager - Equity Analytics
Manager - Equity Analytics

@RJ1010,





can you explained how did you measure risk of ASPH. PLS. JUSTIFY with you own calculation. dont just comment without reasonable calculations. i haven't any ASPH. 


BUT i can agree with you  @cselearner. bcoze, you see the future. this guy talk with past facts. dont criticize or downgrade any  shares without reasonable measurement. it's not ethical. RJ, you have experience, pls justify with supporting evidence. GL.

Eranga87, cselearner, SL-INVESTOR, C.THARANGA and Sachira90 like this post

RJ1010


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@cselearner wrote:Dear Experts, 
What you opinion  for INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000), financial performance in future. 
As per the Budget 2021, there will by strong demand for asphalt  for the Road development projects. 
Since ASPH produces   SEALKOTE®  (BITUMEN EMULSIONS AND CUTBACKS) . May be this share will be benefit in coming budget and development project ??

Don’t even touch this garbage. There was a major share split and rights issue this year. Now it’s a very high risk share.

geesura, cselearner and KingMaker2020 like this post

cselearner


Stock Trader
Dear Experts, 
What you opinion  for INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000), financial performance in future. 
As per the Budget 2021, there will by strong demand for asphalt  for the Road development projects. 
Since ASPH produces   SEALKOTE®  (BITUMEN EMULSIONS AND CUTBACKS) . May be this share will be benefit in coming budget and development project ??

Eranga87, invest thinker, C.THARANGA and Sachira90 like this post

crs

crs
Senior Equity Analytic
Senior Equity Analytic
Last Friday nearly 8.4% traded from issue quantity.

crs

crs
Senior Equity Analytic
Senior Equity Analytic
Last Thursday & Friday nearly 12.2% traded from totally issued quantity.

Eranga87


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Need to more times..  touch RS.1. If It touched Rs. 1 within a short period. have more chances comeback bottom level. it is not good for the stability of share. it will take time to stable @ 0.30CENTS. with market conditions, It will go to another step 0.40cents.

Bakka1988


Manager - Equity Analytics
Manager - Equity Analytics
It will go to Rs 1 soon 😊😊👍👍

Eranga87


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Master D wrote:
@thananjey wrote:This share came dwn from 449/- to 0.3 cents??? 
Why is that???

rights issue.

ASPH announced share sub-division (1;4500) on 20th March 2020, the effect from 18th May. share subdivision is where the shares in an existing share class are each subdivided into two or more new shares. 
In this case- ASPH, if you got 1 share, after sub-division, you entitled to get 4500 no.of shares. At that time, share traded @ Rs.350-450 level (NAV Rs.825). after subdivision, investor ASPH Avg. cost is 0.07cents (NAV Rs.0.17cents). after a few days, they announced the right issue @ 0.20 cents.


ASPH share split really benefited person who got ASPH before the share split. within few people earned more than 100% returns. ASPH always thinking their stakeholder, and try to give maximum value them. ASPH  is a really wealth maximization share of investors. try to hold, again they will give more capital gains rather than a dividend.

Keshav and heroxhere like this post

Imti2020


Stock Trader
There was a split in March 2020 for every share held they gave another 4500 shares free,

hiransilva23


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Master D wrote:
@thananjey wrote:This share came dwn from 449/- to 0.3 cents??? 
Why is that???

rights issue.
Still confused🙄🙄449 to .30 means how many times depreciated 🙄🙄

Master D


Manager - Equity Analytics
Manager - Equity Analytics
@thananjey wrote:This share came dwn from 449/- to 0.3 cents??? 
Why is that???

rights issue.

thananjey


Equity Analytic
Equity Analytic
This share came dwn from 449/- to 0.3 cents??? 
Why is that???

Sponsored content


Back to top  Message [Page 1 of 11]

Go to page : 1, 2, 3 ... 9, 10, 11  Next

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