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

» DIPD/HAYC/HAYL
by abey Yesterday at 10:27 pm

» RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)
by Eranga87 Yesterday at 4:12 pm

» ROYAL CERAMICS PLC (RCL.N0000)
by Dilip Yesterday at 11:55 am

» GLAS will be winner with Super Gain.
by ronstyn53 Sat Apr 17, 2021 10:22 pm

» CIC HOLDINGS PLC (CIC.N0000)
by abey Sat Apr 17, 2021 9:07 pm

» First capital holdings CFVF.N0000
by invest thinker Sat Apr 17, 2021 4:46 pm

» LANKEM DEVELOPMENTS PLC (LDEV.N0000)
by Wolf86 Sat Apr 17, 2021 2:00 pm

» ???? අප්‍රේල් 16 ???? මේ දින 3 කෙටි සතියත් කොළපාටින් අවසන් වුනා
by dayandacool Sat Apr 17, 2021 1:58 pm

» Lanka Walltile PLC Investment Case
by judecroos Sat Apr 17, 2021 8:55 am

» Which is the best at current market condition ? ( At least 30% within 30 Days)
by judecroos Sat Apr 17, 2021 8:39 am

» Daily Foreign Transactions
by Pradeep90 Fri Apr 16, 2021 8:03 pm

» Big opportunity in Kegalle Plantations
by EquityChamp Fri Apr 16, 2021 2:58 pm

» විජේදාසගේ... voice cut ප්‍රතිඵල
by nigma Fri Apr 16, 2021 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 Fri Apr 16, 2021 11:31 am

» B P P L HOLDINGS PLC (BPPL.N0000)
by vikiperera Fri Apr 16, 2021 11:17 am

» VPEL VPEL VPEL
by invest thinker Fri Apr 16, 2021 10:23 am

» Thoughts on SINS
by Swissinvest Fri Apr 16, 2021 10:04 am

» VFIN / VPEL / PABC - Share SPLIT or VTWO ?
by WealthKing Fri Apr 16, 2021 8:33 am

» 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

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™ » LGL among best dividend stocks

LGL among best dividend stocks

Go down  Message [Page 1 of 1]

1LGL among  best dividend stocks Empty LGL among best dividend stocks Fri May 31, 2013 1:31 pm

salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics
LGL among best dividend stocks

For three consecutive years it has established a records of dividends
It has high dividend yield ranging from 5% -7% for voting & non-voting
For dependability & predictability of earning, it could rank with LLUB or NEST
It should rank with high DY stocks : NEST, LLUB & CTC

2LGL among  best dividend stocks Empty Re: LGL among best dividend stocks Fri May 31, 2013 1:56 pm

suddera

suddera
Manager - Equity Analytics
Manager - Equity Analytics
@salt wrote:LGL among best dividend stocks

For three consecutive years it has established a records of dividends
It has high dividend yield ranging from 5% -7% for voting & non-voting
For dependability & predictability of earning, it could rank with LLUB or NEST
It should rank with high DY stocks : NEST, LLUB & CTC

Why not SAMP ?

3LGL among  best dividend stocks Empty Re: LGL among best dividend stocks Fri May 31, 2013 2:02 pm

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Agree with you Salt.

4LGL among  best dividend stocks Empty Re: LGL among best dividend stocks Fri May 31, 2013 2:35 pm

salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics
How much do SAMPATH pay?
I think HNB x is better than Sampath from dividend perspective

5LGL among  best dividend stocks Empty Re: LGL among best dividend stocks Fri May 31, 2013 4:22 pm

sriranga

sriranga
Co-Admin
http://research.srilankaequity.com/t734-capital-trust-research-laugfs-gas-plc#838

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

sriranga

sriranga
Co-Admin
Laugfs Gas PLC and its subsidiaries, in a stock exchange filing of the unaudited financial statements for the fourth quarter ended 31 March 2013, had indicated a record performance with group revenue for the year under review crossing the Rs. 10 billion mark to reach Rs. 10.6 billion.

It is a landmark for the group of companies in its comparatively short history of business operations. It has achieved this feat despite the many unprecedented changes that have taken place over one and a half decades of its existence in virtually all aspects of the business environment that it was operating in. The group was able to withstand turbulent times and preserved the core of the business by staying focused on the fundamentals of the operation, while being willing to change everything else necessary to win and retain customers.

The profit before tax of the group was Rs. 1.3 billion, which is a remarkable growth of 29% over the previous financial year. The group’s total comprehensive income for the year, net of tax, was a commendable Rs. 1 billion as against Rs. 597 million last year, which is a creditable improvement. The total group assets increased by 3% to a position of Rs. 10.6 billion. The property, plant and equipment alone increased to Rs. 6.5 billion, with a net of depreciation increase of 18% over previous year. The productive investments made in this manner would accrue benefits to the shareholders in the ensuing years in the form of better returns, having comparatively shorter gestation periods and early paybacks.

The group’s retained earnings increased by 16% to Rs. 3.5 billion, while net assets increased by 8% to Rs. 6.5 billion. The net asset value per share increased to Rs. 16.76 from Rs. 15.58 last year. The earnings per share increased by 28%, from Rs. 2.14 to Rs. 2.74 per share. The group is determined to keep up this momentum uninterrupted in order to maximise the value of the shareholders’ investments in the future as well.

The downstream operations of LP gas once again recorded the highest ever revenue of Rs. 9.7 billion, an increase of 16% over the preceding year. The gross profit margin, however, reduced to 11% from the previous year’s 14%, mainly due to the escalation of world market prices of LP gas and due to the impact of the upward movement of foreign exchange rates that prevailed during the greater part of the financial year under review.

The company’s EBITDA surged to Rs. 1.6 billion, which is an increase of 62% over last year and is a creditable achievement in the wake of the uncertainties and slowdown of economic activities that were faced. The profit before tax of the company from continuing operations was Rs. 1.4 billion, an increase of 72% over the previous year.

The most striking and commendable achievement in terms of core business activity is that the organisation has more than doubled the total comprehensive income net of tax to Rs. 1.2 billion during the year under review from Rs. 411 million recorded last year. The company’s total liabilities reduced by 4% during the year to Rs. 3.9 billion. The company’s retained earnings had a notable surge of 27% from Rs. 2.3 billion last year to Rs. 3 billion in the current year.

This array of achievements, for both for the group and for the company in its core business activity, converged to underscore the strength of a financially healthy organisation that always meets its growth targets and maintains uninterrupted momentum, despite uncertain external environment forces that usually prevail. Despite all these impressive achievements, the company believes that Laugfs Gas’ best and most exciting days are yet to be seen.

The Board of Directors, having considered the financial performance, decided to declare first and final dividend of Rs. 1.50 per share for the financial year ended 31 March 2013. This is the third consecutive time the company declared dividends after its historic IPO in December 2010.

The LP gas industry globally is in the midst of a profound structural change as new sources of supply compete for market share and as cleaner sources of energy take a greater share of primary energy consumption. The industry globally can take heart that consumption so far has managed to keep pace with this production surge, despite the uncertainty created by the global economic slowdown. With the LP gas demand and supply equilibrium maintained at optimum levels, world market price stability is ensured at least in the short to medium term.

The company said that the LP gas industry locally has immense potential as a cleaner source of energy, also since penetration levels are comparatively very low in comparison to some Asian countries. There is a significant imbalance in energy usage which has to be adjusted with cleaner and more economic sources of energy like LP gas in this country. However, the key challenges facing the LP gas industry in the country in the ensuing years will be educating the authorities and decision makers concerned regarding the use of LP gas.

“In order to do so, the stakeholders involved are in need of effective, consistent communication using rigorous evidence based on data and analysis. Therefore, it is imperative that the industry must speak with a strong, unified voice to persuade the authorities, other stakeholders and financial markets to support the use of LP gas where appropriate,” a spokesman from Laugfs Gas Plc said.
http://www.ft.lk/2013/06/01/laugfs-gas-lights-up-record-results-declares-dividends-for-third-consecutive-year/

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

Sponsored content


Back to top  Message [Page 1 of 1]

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