ohpps YORK still silent why ?

NZ BOY · 1 ohpps YORK still silent why ? Thu Jul 10, 2014 11:00 am

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ohpps YORK still silent why ? but CFLB moving

NZ BOY · 2 Re: ohpps YORK still silent why ? Thu Jul 10, 2014 9:44 pm

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big players still collecting

Harry82 · 3 Re: ohpps YORK still silent why ? Thu Jul 10, 2014 9:51 pm

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Annualized EPS is just Rs 0.52.
How is possible?
It is over valued share

NZ BOY · 4 Re: ohpps YORK still silent why ? Thu Jul 10, 2014 9:55 pm

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still at low level

annualized dividend .40 york is a highly speculative share

Harry82 · 5 Re: ohpps YORK still silent why ? Thu Jul 10, 2014 9:59 pm

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NZ BOY
Then what about PCH?

Evil or Very Mad

Harry82 · 6 Re: ohpps YORK still silent why ? Thu Jul 10, 2014 10:06 pm

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Any branches in Sri lanka?
I want to buy a computer.

NZ BOY · 7 Re: ohpps YORK still silent why ? Thu Jul 10, 2014 10:08 pm

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Harry82 wrote:Any branches in Sri lanka?
I want to buy a computer.

company is not operating Very Happy

Harry82 · 8 Re: ohpps YORK still silent why ? Thu Jul 10, 2014 10:10 pm

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y?

NZ BOY · 9 Re: ohpps YORK still silent why ? Thu Jul 10, 2014 10:11 pm

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Harry82 wrote:y?

ask from Rishan Very Happy

Harry82 · 10 Re: ohpps YORK still silent why ? Thu Jul 10, 2014 10:14 pm

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Back in August 2010, PC House PLC, which was said to be the first emerging IT conglomerate that was to be listed in Colombo Bourse raised Rs 630 million issuing 57.2 million voting shares at Rs 11 each. At the time it was stated that the funds collected will be utilized to expand internet data centre operations and outsourcing, finance the enhancement of BPO and KPO operations, retire some of the expensive debt capital to increase leverage capacity, expand current branch network of 28 with five additional branches and improve service quality and to streamline working capital operations.

In July 2010 the company also appointed new directors, Mangala Boyagoda, Sarath Wickramanayake, Modarage Thakshila, Shanthikumar Nadarajah and Kuvera de Zoysa although later Shanthikumar Nadarajah resigned from the board after two years on 16 August 2012 whilst Sarath Wickramanayake resigned from the board on 24 August 2012.

Further Mangala Boyagoda, Modarage Thakshila and Kuvera de Zoysa resigned from the board on 31 August 2012 whilst PC House Chairman S.H.M. Rishan’s wife Sithy Shamila Rishan tendered her resignation on 17 December 2012 according CSE Disclosures by PC House.

Meanwhile latest quarter results of the company as at 31 December 2012 outlines that PCH Group revenue had come down from Rs 2.95 billion year ago to Rs 1.69 billion (down 43%) for a nine months period and net profit had fallen from Rs 158.8 million to Rs 5.6 million (down 96%) and Earnings Per Share had fallen from 69 cents to two cents for the same corresponding period.

PCH Chairman Rishan as at December 2012 holds nearly a 48.78% of the company with over 111.67 million shares and his wife holds another 6.03% with a 13.8 million shares and PC House mother company, related subsidiaries and associates including PCH House Holdings, PC Pharma, Orient Garments collectively own another 12% of the company.

Harry82 · 11 Re: ohpps YORK still silent why ? Fri Jul 11, 2014 8:56 am

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SHARK aka TAH · 12 Re: ohpps YORK still silent why ? Tue Jul 15, 2014 5:16 am

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It would be attractive below 10 to BUY.Now its a bit of a Risk in my opinion, if trend reverses Smile

stevenapple · 13 Re: ohpps YORK still silent why ? Tue Jul 15, 2014 6:27 am

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Thanks Harry82.

NZ BOY · 14 Re: ohpps YORK still silent why ? Tue Jul 15, 2014 8:27 am

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SHARK wrote:It would be attractive below 10 to BUY.Now its a bit of a Risk in my opinion, if trend reverses

remember when index was 6700 it was 31 and dividend per share 0.40 this is better than CLND

SHARK aka TAH · 15 Re: ohpps YORK still silent why ? Tue Jul 15, 2014 11:23 am

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clnd will have a run but on speculative york may too.but on fundmental you need to rethink why you should buy is it because of future growth or just speculation.presently overvalued both counters for me.poor dividends.and you need to carefully consider its value to your PF.for me owning this 2 may not yield much other than capital gains if so it decide to run.but i do not want to take a chance.if you ask which counter has a better chance of nice gain then i sense CLND may run quickerrrr pass 50/- but i do not recommend