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

» What will happen tomorrow?
by Mr. X Today at 11:10 pm

» LANKA ALUMINIUM INDUSTRIES PLC (LALU.N0000)
by Wickyz Today at 10:15 pm

» Dipped Products, Haycarb well-positioned to benefit
by KingMaker2020 Today at 9:40 pm

» GLAS will be winner with Super Gain.
by vijay singh Today at 8:13 pm

» Daily Foreign Transactions
by Pradeep90 Today at 6:56 pm

» B P P L HOLDINGS PLC (BPPL.N0000)
by Beta1 Today at 4:22 pm

» DIPD/HAYC/HAYL
by Mr. X Today at 3:44 pm

» WIND FORCE WIND
by stockchaser Today at 11:17 am

» Growing Fear
by Wickyz Today at 9:31 am

» ALUMEX PLC (ALUM.N0000)
by Bakkabwoi Yesterday at 8:24 pm

» First capital holdings CFVF.N0000
by invest thinker Yesterday at 6:25 pm

» The market is not out to “get” you but is just flowing along, and your position just happens to be carried along with it.
by dayandacool Yesterday at 4:49 pm

» විජේදාසගේ... voice cut ප්‍රතිඵල
by reyaz Yesterday at 4:15 pm

» KGAL - THE SLEEPING GIANT
by THASSIM Yesterday at 2:21 pm

» ???? අප්‍රේල් 16 ???? මේ දින 3 කෙටි සතියත් කොළපාටින් අවසන් වුනා
by Wickyz Tue Apr 20, 2021 12:54 pm

» LDEV LDEV LDEV
by Eranga87 Tue Apr 20, 2021 10:27 am

» No trader can flee from making a mistake. It’s just that you need to be careful about not repeating your mistakes.
by Mithooshan Tue Apr 20, 2021 7:42 am

» SWISSTEK (CEYLON) PLC (PARQ.N0000)
by Chithi Mon Apr 19, 2021 7:45 pm

» ROYAL CERAMICS PLC (RCL.N0000)
by Jana Mon Apr 19, 2021 6:14 pm

» US dollar trading lower, euro near new high
by target1 Mon Apr 19, 2021 1:38 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™ » Interim Financial Statements 31-03-2013 - SHL

Interim Financial Statements 31-03-2013 - SHL

Go down  Message [Page 1 of 1]

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics
http://www.cse.lk/cmt/upload_report_file/1075_1370005325.pdf

2Interim Financial Statements 31-03-2013 - SHL Empty SHL poor results once again? Fri May 31, 2013 10:33 pm

ccsentha


Vice President - Equity Analytics
Vice President - Equity Analytics
SHL poor results once again?

qtr eps of .02

not even worth 5rs if this continues...ne??????

ccsentha


Vice President - Equity Analytics
Vice President - Equity Analytics
since the IPO they have not made a single good results for atleast one quarter ne??????????

trader911


Senior Equity Analytic
Senior Equity Analytic
@ccsentha wrote:since the IPO they have not made a single good results for atleast one quarter ne??????????

if we look at the quaterly performance there profit up by almost 100% which is significant,just dont get how they hav calculated eps,and thrs mistake in the qty of the main shareholder.

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
RHL and SHL both has got into the same issue.

Considerable revenue growth and acqusitions, but the profit is not showing Sad to see when a company was goign very well in 2010 and 2011, became very ambitous ( that is good) about growth but for several years the profits ( which is what matters to share holder most) does show the improvements they intended.

In SHL case debt was a massive issue before, but with the sale if AAIC and lower interest rates that issue should reduce .

RHL has even reduced debt, and is showing amazing Revenue growth but something is not optimized somewhere. But atleast NAV is growing .

SHL NAV is basically stagnant too.

Hope these two companies can come out to show their true potential.
Both these companies need to restrategize and they can become very formidable.

ccsentha


Vice President - Equity Analytics
Vice President - Equity Analytics
@trader911 wrote:
@ccsentha wrote:since the IPO they have not made a single good results for atleast one quarter ne??????????

if we look at the quaterly performance there profit up by almost 100% which is significant,just dont get how they hav calculated eps,and thrs mistake in the qty of the main shareholder.

INTERESTING FACT INDEED.

LAST QUARTER PROFITS - 239,399,795
THIS QUARTER PROFITS - 224,630,672

BUT EPS
LAST QUARTER 0.11
THIS QUARTER 0.02

THIS QUARTER MOST OF THE PROFITS HAVE GONE TO MINORITY INTEREST.

LAST QUARTER MINORITY INTEREST - 154,782,365
THIS QUARTER MINORITY INTEREST - 212,652,818

HENCE

LAST QUARTER PROFITS Attributable to Equity Holders of the Parent - 84,617,430
THIS QUARTER PROFITS Attributable to Equity Holders of the Parent -11,977,854

so eps is low as profits to equity holders have been eaten up by minority interest.

CAN SOME EXPERIENCED MEMBER CLEAR THIS?

(IPO was heavily heavily heavily over priced and retail investors were fooled. this is very very bad for small scale investing community)

Arena


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

U are absolutely correct.
For an example They divest some parts of AAIC. So automatically minority holding goes up while they keep the controlling power. Even though consolidated as a subsidiary, Parent loose a part of the profit,Assets and also liabilities but No dividend is paid so this will not affect much.

ccsentha


Vice President - Equity Analytics
Vice President - Equity Analytics
Considering the reason performance of SHL, what would be a reasonable price?

i would have to sadly say some thing in the region of 4-6, or may be even lower.

only hospitals are doing good, CRL and AAIC have been divest, so SHL will not get much income from them.

nokia and apple phones are not doing good in world market......

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Yep i dont want to disappoint any body, But
private placement was at Rs.7 then the crap IPO was at 29.
Then they were severely affected by higher interest rates.

Leon


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Arena wrote:cccentha

U are absolutely correct.
For an example They divest some parts of AAIC. So automatically minority holding goes up while they keep the controlling power. Even though consolidated as a subsidiary, Parent loose a part of the profit,Assets and also liabilities but No dividend is paid so this will not affect much.

SHL was too aggressive on borrowed money. If I were SHL chairman (Just kidding) I would concentrate on couple of bushiness and use that money for acquisitions.Now the long term borrowing has been a heavy burden on SHL.
I was of the view that SHL would turn around in 1-2 years. But I have to admit, they need more time than that.

Sponsored content


Back to top  Message [Page 1 of 1]

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