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



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™ » CFVF - 31.12.2013

CFVF - 31.12.2013

Go down  Message [Page 1 of 1]

1CFVF - 31.12.2013 Empty CFVF - 31.12.2013 Fri Jan 31, 2014 10:43 pm

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics
JOHN KEELLS HOTELS , MERCANTILE INVESTMENTS AND FINANCE , HAYLEYS MGT KNITTING MILLS, PEOPLE'S LEASING & FINANCE , JOHN KEELLS PLC, HORANA PLANTATIONS , FIRST CAPITAL HOLDINGS

Interim Financial Statements for the period ended 31-12-2013 have been uploaded on the CSE website.


Anybody has the link of CFVF?

2CFVF - 31.12.2013 Empty Re: CFVF - 31.12.2013 Fri Jan 31, 2014 10:50 pm

innam

innam
Manager - Equity Analytics
Manager - Equity Analytics
@Gaja wrote:

Anybody has the link of CFVF?

They have hidden the statement below the 2006 statements. Maybe they don't want anyone to see the "dissapointing" results.

http://cse.lk/cmt/upload_report_file/698_1391167400.pdf

3CFVF - 31.12.2013 Empty Re: CFVF - 31.12.2013 Fri Jan 31, 2014 10:53 pm

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics
@innam wrote:
@Gaja wrote:

Anybody has the link of CFVF?

They have hidden the statement below the 2006 statements. Maybe they don't want anyone to see the "dissapointing" results.

http://cse.lk/cmt/upload_report_file/698_1391167400.pdf

Thank you

4CFVF - 31.12.2013 Empty Re: CFVF - 31.12.2013 Sat Feb 01, 2014 7:15 am

balapas


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Yesterday around 6pm it was at the correct place not hidden at the bottom. Anyways CFVF went passed Rs21 anticipating benefits from a lower interest regime. After Rs2 dividend I decided to part with them since saw early signs of not doing well from June quarter.

5CFVF - 31.12.2013 Empty Re: CFVF - 31.12.2013 Sat Feb 01, 2014 7:27 am

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
Are you looking at Income to compare between quarters ? From what I see the Income can vary between quarters.

Somewhere the interest TB rate drops from 10+ to 7 have to be reflected. I see their investments have increased. If they know what they are doing , there will be reason for that.





@balapas wrote:Yesterday around 6pm it was at the correct place not hidden at the bottom. Anyways CFVF went passed Rs21 anticipating benefits from a lower interest regime. After Rs2 dividend I decided to part with them since saw early signs of not doing well from June quarter.

6CFVF - 31.12.2013 Empty Re: CFVF - 31.12.2013 Sat Feb 01, 2014 8:08 am

econ

econ
Global Moderator
Earnings per share increased around 78% from 0.88 in 2012 December quarter to 1.57 in 2013 December quarter owing to gain on fair valuation of financial investments.

Most probably they may give another 2 rupee dividend similar to last year end of fourth quarter.

7CFVF - 31.12.2013 Empty Re: CFVF - 31.12.2013 Sat Feb 01, 2014 10:53 am

K.Haputantri

K.Haputantri
Co-Admin
The following portion of their report explains as to how they get advantage over fluctuating Treasury Bills/Bonds rates.-

"First Capital Holdings PLC

REVIEW OF OPERA
TIONS
First Capital Holdings PLC recorded a turnover of Rs. 1.33Bn for the nine months ended 31 December 2013. This signifies a growth of 15% when compared with the corresponding figures in the previous year. The Group’s net trading income for the period under review was Rs. 398Mn, an increse of Rs.76Mn over the same period in the previous year. Further, the Group reported aconsolidated profit after tax of Rs. 263Mn, which was a 15% increase over the corresponding period in the previous year, mainly due to higher gains on sale of Trading Securities, partly off setting higher administ
ative expenses.

First Capital Treasuries Limited, the group’s primary dealer arm was again the primary source of revenue, taking advantage of interest rate movements and exceeding targets. Other business segments like Structuring and Placement of Corporate Debt Securities and Investment Management (Corporate Debt Securities) also contributed to the results, although performance was below expectations. We were able to hold strategic trading positions in the primary dealer business and benefited through the continuous reduction of policy rates made by the Central Bank of SriLanka (CBSL). Both the Standing Deposit Facility Rate (Repurchase) and Standing Lending Facility Rate(Reverse Repurchase) were reduced by 1% and 1.5% respectively during the period under review Currently the Standing Deposit Facility Rate and Standing Lending Facility Rate stand at 6.50% and 8.00% respectively."

8CFVF - 31.12.2013 Empty Re: CFVF - 31.12.2013 Sun Feb 02, 2014 12:17 pm

Leon


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Can someone explain how the low interest regime benefit CFVF?? Earlier also the same question was raised but no one replied.

9CFVF - 31.12.2013 Empty Re: CFVF - 31.12.2013 Sun Feb 02, 2014 12:26 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@Leon wrote:Can someone explain how the low interest regime benefit CFVF?? Earlier also the same question was raised but no one replied.

Read
http://forum.srilankaequity.com/t31697-cfvf-results

What should help them is interest rate drops ( not lower interest rate regime) .

But also during lower interest regime, their other sources of income ( stock brokering, Debt issues)  can pick up.




Below is  nothing to do with you Leon ( so don;t worry).


It seems there lot of people to TAKE  in the forum but very little people to give .  Those people who give get nothing.




One fine day maybe not too long  when the "good" is gone only  people will  realize/miss.

10CFVF - 31.12.2013 Empty Re: CFVF - 31.12.2013 Sun Feb 02, 2014 12:39 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
@slstock wrote:
Below is  nothing to do with you Leon ( so don;t worry).


It seems there lot of people to TAKE  in the forum but very little people to give .  Those people who give get nothing.

One fine day maybe not too long  when the "good" is gone only  people will  realize/miss.

Seems to be getting fedup or pressurised?

11CFVF - 31.12.2013 Empty Re: CFVF - 31.12.2013 Sun Feb 02, 2014 12:42 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@Redbulls wrote:
@slstock wrote:
Below is  nothing to do with you Leon ( so don;t worry).


It seems there lot of people to TAKE  in the forum but very little people to give .  Those people who give get nothing.

One fine day maybe not too long  when the "good" is gone only  people will  realize/miss.

Seems to be getting fedup or pressurised?


I think you yourself know well  what I mean.

12CFVF - 31.12.2013 Empty Re: CFVF - 31.12.2013 Mon Feb 03, 2014 12:06 am

Leon


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@slstock wrote:
@Leon wrote:Can someone explain how the low interest regime benefit CFVF?? Earlier also the same question was raised but no one replied.

Read
http://forum.srilankaequity.com/t31697-cfvf-results

What should help them is interest rate drops ( not lower interest rate regime) .

But also during lower interest regime, their other sources of income ( stock brokering, Debt issues)  can pick up.




Below is  nothing to do with you Leon ( so don;t worry).


It seems there lot of people to TAKE  in the forum but very little people to give .  Those people who give get nothing.




One fine day maybe not too long  when the "good" is gone only  people will  realize/miss.

Our respect and good heart with you the people who really deserve it.

13CFVF - 31.12.2013 Empty Re: CFVF - 31.12.2013 Mon Feb 03, 2014 1:08 am

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics
It seems there lot of people to TAKE  in the forum but very little people to give .  Those people who give get nothing.

One fine day maybe not too long  when the "good" is gone only  people will  realize/miss.

As a member, who followed the forum from the early days, there are enough members including you (Sls) who guided the forum this level, i hope all will understand the man hours spend by the members in giving valuable information and guidance.

14CFVF - 31.12.2013 Empty Re: CFVF - 31.12.2013 Tue Feb 04, 2014 3:47 pm

hunter

hunter
Moderator
Moderator
@slstock wrote:Are you looking at Income to compare between quarters ? From what I see the Income can vary between quarters.

Somewhere the interest TB rate drops from 10+ to 7 have to be reflected.  I see their investments have increased.  If they know what they are doing , there will be reason for that.





@balapas wrote:Yesterday around 6pm it was at the correct place not hidden at the bottom. Anyways CFVF went passed Rs21 anticipating benefits from a lower interest regime. After Rs2 dividend I decided to part with them since saw early signs of not doing well from June quarter.

I saw the thread very late but thought of posting the EPS plot of CFVF anyway.
It looks the still the Earnings trend is OK for them; Isn't it?

CFVF - 31.12.2013 Cfvf_e10

Sponsored content


Back to top  Message [Page 1 of 1]

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