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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » RHL Mega Potential

RHL Mega Potential

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1RHL Mega Potential  Empty RHL Mega Potential Thu Dec 18, 2014 11:42 am

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics
RHL Mega potential and trading in the market below value.
Net asset value 58.88 Earning per shares last 3 month 2.10
After Right issue it's came down it will go up  
RHL.X good for buy because only 12 million shares
Easy to move up

2RHL Mega Potential  Empty Re: RHL Mega Potential Thu Dec 18, 2014 12:17 pm

piras

piras
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Really? What is the Resistance level for RHL.N

3RHL Mega Potential  Empty Re: RHL Mega Potential Thu Dec 18, 2014 1:20 pm

aiyosalli

aiyosalli
Manager - Equity Analytics
Manager - Equity Analytics
Surely it will go up

4RHL Mega Potential  Empty Re: RHL Mega Potential Thu Dec 18, 2014 2:06 pm

Jana

Jana
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
I bought some RHL.X yesterday! now in profit but still has more space to go up. it will go like COCO.N , X
RHL.X will go closer to N so good to buy today
Selling was there who bought in Rights but no worries it will go up
only today and tomorrow we can get in low RHL:.N , X
All time low for RHL.X 20/= (yesterday price)

5RHL Mega Potential  Empty Re: RHL Mega Potential Thu Dec 18, 2014 4:04 pm

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics
COCO.N trading 26.50 -------COCO.X trading 24.20  = 2.20 only Defferent

RHL.N trading 29.00 ---------RHL.X trading 22.00 = 7.00 Defferent

RHL.X it will move up closely to RHL.N

RHL.X only 12 million shares easy to move up cheers

6RHL Mega Potential  Empty Re: RHL Mega Potential Thu Dec 18, 2014 8:01 pm

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Renuka Holdings embarks on Rs 3.2 b Tower

RHL Mega Potential  Z_pii-Renuka Renuka Holdings PLC received shareholder approval at the EGM held yesterday to proceed with the group’s ambitious project to date – The Renuka Tower at Galle Face Terrace.
The total project cost of the two stage development is estimated at Rs 3.2 bn which will be partly financed by the ongoing rights issue of Rs 1.03 bn. The company is offering a total of 44,517,313 ordinary voting shares at Rs. 21 each and 6,428,415 million non-voting shares at Rs. 15 each to be issued. The project is expected to begin in the year 2015 and is planned for completion in the year 2018.
The Renuka Tower will be a modern 28 storey tower providing ‘A’ grade office facilities built on company owned land at Galle Face Terrace and Uttrananda Mawatha, Colombo 3. Once completed, the tower will have 200,000 sq. ft. of rentable office space and parking for more than 200 cars. The tower will also have corporate entertainment areas, conference facilities, dining, recreation and all the modern necessities required to create a pleasant and safe working environment.
The project will be carried out in two stages and currently planning and conceptualising of the development have been completed.
Executive Director, Shamindra Rajiyah said, “We believe the time is right for us to develop our land bank and create a new revenue stream for the company from these resources. The group already has in operation the Renuka Building in Colombo 8, an eight storey 66,000 sq ft office complex housing group subsidiaries and many reputed tenants. Using our past experience, we aim to make the Renuka Tower a preferred business address in the city”. 
- See more at: http://www.dailynews.lk/?q=business/renuka-holdings-embarks-rs-32-b-tower#sthash.RENshkMY.dpuf

7RHL Mega Potential  Empty Re: RHL Mega Potential Thu Dec 18, 2014 8:03 pm

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Renuka Holdings Rights issue oversubscribed
December 2, 2014, 6:19 pm

RHL Mega Potential  1152317089renuka
Renuka Holdings PLC's Issue for Rs. 1.03 Bn closed on the 28th of November after being oversubscribed, attracting applications over and above the number offered under the rights. The Company offered a total of 44,517,313 ordinary voting shares at Rs. 21 each and 6,428,415 million ordinary non-voting shares at Rs. 15 in order to fund its property development project - The Renuka Tower - a modern 28 storey tower providing 'A' grade office facilities built on company owned land at Galle Face Terrace and Sri Uttrananda Mawatha, Colombo 03.

Executive Director Shamindra Rajiyah said, "The overwhelming response to the Rights Issue demonstrates the confidence and trust placed on Renuka by our shareholders, which enables us to forge ahead with our investment plans. We are proud of our heritage as a truly Sri Lankan company, adding value to our resources and contributing to the country's development in our own way".

The Renuka Holdings PLC Group is Sri Lanka's leading exporter of value-added coconut products and has significantly invested in its food and beverage sector over the last few years. Through its subsidiary Shaw Wallace Ceylon Ltd, the Group is the largest importer of Sri Lanka's two leading brands of canned fish, Captain and Plaza, which provided the right platform for it to invest in a fish processing plant, which commenced operations recently.

Similarly the group's subsidiary Richlife Dairies Ltd is one of the top three liquid milk manufacturers locally. Among the group's listed companies are Renuka Foods PLC and Renuka Agri Foods PLC, dedicated to the food and beverage and agriculture sector. Furthermore the group represents two Fortune 500 companies through its automotive joint venture - McShaw Automotive Ltd - and enjoys a leading position in the lubricant market in Sri Lanka.

As per its last annual report 2013/14 the Group had revenue of Rs. 7.2 Bn, from over 71,000 outlets in Sri Lanka and 61 export markets; while directly employing 1420 and indirectly over 7000 people. Post-Rights Issue the total equity of Renuka Holdings PLC has increased to Rs. 6.3 billion and having a post rights net asset value of Rs. 40 per share.

http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=115231

8RHL Mega Potential  Empty Re: RHL Mega Potential Thu Dec 18, 2014 8:05 pm

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Renuka Shaw Wallace rebrands as Renuka Foods
Renuka Shaw Wallace PLC has rebranded itself, and is now called Renuka Foods PLC. The subsidiary of diversified conglomerate Renuka Holdings PLC made the change in order to better reflect the Food and Beverage category it operates in locally and internationally.
Renuka Foods PLC is the parent company for the Group’s food and beverage entities, namely; Renuka Agri Foods PLC, Renuka Organics (Pvt) Ltd, Renuka Teas Ceylon (Pvt) Ltd, Richlife Dairies Ltd, Shaw Wallace Ceylon Ltd and Kandy Plantations Ltd.
“Our new name focuses and conveys the complete spectrum of the businesses we are in and are known for. Renuka Foods brings together a portfolio of food and beverage companies which are respective leaders in their segments; especially coconut, dairy, fish and snacks.  Our progressive and sustained path coupled with aggressive expansion of production capacity and product portfolio, unlocking synergies and further controlling the value chain over the last two years has shown dividends in our overall performance both locally and internationally,” said Shamindra Rajiyah, Executive Director of Renuka Foods.
The corporate rebranding strategy brings together the Company’s many household brands in Sri Lanka such as Captain Jack Mackerel, Captain Soya Meat, Renuka Coconut products, Richlife Dairy products, Plaza Mackerel and Mr. Pop snacks. It also aims to enhance the overall identity for its foreign clientele which includes reputed distributors, supermarket chains and international brand owners, as they see the organisation as a one-stop-shop for a range of quality, locally value added products especially in the coconut category.
Renuka Foods operates seven state-of-the-art factories and warehouses, eight collection and processing centres and two plantations, all catering towards servicing the wants and needs of clients spread across 61 countries worldwide and over 65,000 outlets throughout Sri Lanka. Furthermore Renuka Foods has an out-grower network of 7,000 farmer families and contributes Rs. 1.4 billion to the rural economy annually. The organisation also directly employs 1,227 people.
Elaborating further Rajiyah said, “With our current product portfolio and production capabilities we certainly do have the right platform to service the needs and wants of our customers. The plans for the next level of growth of Renuka Foods will focus on consolidating direction and taking all its homegrown brands to the global marketplace, while adding value to the country’s agriculture and marine resources.”

http://www.theceylonindependent.com/News/2014/10/28/renuka-shaw-wallace-rebrands-renuka-foods/

9RHL Mega Potential  Empty Re: RHL Mega Potential Thu Dec 18, 2014 10:50 pm

man123


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
look like RHL good to buy at this price isn't it Gainer?
I am very surprise RHL.X all time low 20/= even in the market crash time it should be up
then we can buy at 22/= ,
before rights its went up to 36/=
after adjustment (36+15 )/2 = 25.50
but 22/= is very discount price isn't it ?
even rights paper sold 7/= lowest price then 7+15=22/= so 22/= is the lowest price.
yesterday is good price to buy 20/= more than 40000 traded at 20/= I missed it
I love to enter this price. 22/=

10RHL Mega Potential  Empty Re: RHL Mega Potential Thu Dec 18, 2014 11:17 pm

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics
RHL.N -------- PER 6.57

RHL.X---------PER 4.80

RHL Good undervalued stock

See this below link
Click here to download Key Performance Indicators - 12-12-2014

11RHL Mega Potential  Empty Re: RHL Mega Potential Fri Dec 19, 2014 12:34 am

OneYear


Manager - Equity Analytics
Manager - Equity Analytics
These figures without adjusting right shares listed Wednesday. Therefore, all must be divided by two now.

12RHL Mega Potential  Empty Re: RHL Mega Potential Fri Dec 19, 2014 1:37 am

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics
As per its last annual report 2013/14 the Group had revenue of Rs. 7.2 Bn, from over 71,000 outlets in Sri Lanka and 61 export markets; while directly employing 1420 and indirectly over 7000 people. Post-Rights Issue the total equity of Renuka Holdings PLC has increased to Rs. 6.3 billion and having a post rights net asset value of Rs. 40 per share.


http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=115231

13RHL Mega Potential  Empty Re: RHL Mega Potential Fri Dec 19, 2014 9:24 am

OneYear


Manager - Equity Analytics
Manager - Equity Analytics
@Gainer wrote:As per its last annual report 2013/14 the Group had revenue of Rs. 7.2 Bn, from over 71,000 outlets in Sri Lanka and 61 export markets; while directly employing 1420 and indirectly over 7000 people. Post-Rights Issue the total equity of Renuka Holdings PLC has increased to Rs. 6.3 billion and having a post rights net asset value of Rs. 40 per share.


http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=115231

Yes Exactly correct. I have taken it mistakenly. So, I thought my selling price would be around 30 as i got few additional shares as well. But if it is trading below NAPS then we can expect at least in mid term it will appreciate towards that price.
What do you think is it better to hold mid term like 3 months to 6 months? Thanks.

14RHL Mega Potential  Empty Re: RHL Mega Potential Fri Dec 19, 2014 9:59 am

piras

piras
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
I have collected RHL.X @ 21.50. What do you think Gainer?

15RHL Mega Potential  Empty Re: RHL Mega Potential Fri Dec 19, 2014 11:53 am

Jana

Jana
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
I am surprised why not much interest in this good stock ,
It will move up,

16RHL Mega Potential  Empty Re: RHL Mega Potential Fri Dec 19, 2014 2:01 pm

chapt


Equity Analytic
Equity Analytic
i collect some at 23/= is it risk?

17RHL Mega Potential  Empty Re: RHL Mega Potential Fri Dec 19, 2014 2:14 pm

Jana

Jana
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@chapt wrote:i collect some at 23/= is it risk?

no I bought some today as well it will go up , if the RHL.N touch 40/= again then X 30/= at least we can sell more than 25/= , did you see now buyer @ 24/=

18RHL Mega Potential  Empty Re: RHL Mega Potential Fri Dec 19, 2014 2:29 pm

piras

piras
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
It's ready for bull run. See the game on Monday.
Both will hit.

19RHL Mega Potential  Empty Re: RHL Mega Potential Fri Dec 19, 2014 2:44 pm

OneYear


Manager - Equity Analytics
Manager - Equity Analytics
OMG. I wanted to become a panic guy on last week and sold small quantity. Not a good decision making.

But. Luckily not sold everything. So, a good decision

lol!

20RHL Mega Potential  Empty Re: RHL Mega Potential Fri Dec 19, 2014 3:09 pm

ShiraBoy


Senior Equity Analytic
Senior Equity Analytic
I also collected at 23. cheers

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