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

» Plantation Sector
by කොටස් වෙළඳපොළ2020 Today at 10:13 pm

» FUTURE of BROWNS INVESTMENT PLC (BIL)
by ONTHEMONEY Today at 9:50 pm

» Company Financials or Group Financials?
by ronstyn53 Today at 8:07 pm

» Banking Sector Analysis
by ADVENTUS Today at 7:34 pm

» Japanese money laundering via PABC Bank raise CB eye brows
by ChooBoy Today at 7:20 pm

» CHEVRON LUBRICANTS LANKA PLC ((LLUB.N0000)
by Bakkabwoi Today at 5:24 pm

» Sri Lanka Bonds Go From Asia’s Worst to Best After China Loan
by J-CAT Today at 3:58 pm

» කොටස් වෙළඳපොළ2020
by කොටස් වෙළඳපොළ2020 Today at 1:52 pm

» Grain Elevators Earnings Review With Q1 Results
by EquityChamp Today at 10:11 am

» What will happen tomorrow?
by Lakshman wijayawardhana Today at 9:57 am

» Most Undervalued Shares
by Lakshman wijayawardhana Today at 9:54 am

» Future of Talawakelle Plantation PLC
by කොටස් වෙළඳපොළ2020 Today at 5:02 am

» GLAS will be winner with Super Gain.
by invest thinker Yesterday at 11:59 am

» NEVER GIVE UP BECAUSE: Stock market for beginners
by Asoka Samarakone Wed May 12, 2021 9:37 pm

» Make it your goal to stay positive in a negative market
by reyaz Wed May 12, 2021 9:01 pm

» Daily Foreign Transactions
by Pradeep90 Wed May 12, 2021 8:32 pm

» Ban of chemical fertilizers is a great news
by samaritan Wed May 12, 2021 9:59 am

» SANASA DEVELOPMENT BANK PLC (SDB.N0000)
by samaritan Wed May 12, 2021 9:48 am

» Price prediction on GRAN and TAFL
by Antonym Wed May 12, 2021 8:47 am

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by Bakkabwoi Wed May 12, 2021 12:25 am

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™ » Counters below 10 PE for Long Term Investments

Counters below 10 PE for Long Term Investments

Go down  Message [Page 1 of 1]

ONTHEMONEY


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Hi Guys,

We are experiencing strong CSE with healthy cash position currently. The overall sentiments will improve further with more positive outcomes such as a stable government, Quarterly results,etc. 

Pls watch out following counters for the next 2-3 years and forward specially banking and finance sector which has high chance to record exceptional results in the short to medium run. It is because of reprising of cost of funds, improved NIM, fee based income, improved economic activities,etc. Further poultry sector is predicted earn extra ordinary results.

Counter  - Expected Price

LFIN       - Rs 220/- (Strongly Recommended)
VFIN      - Rs 110/-  (Strongly Recommended)
SDB       - Rs 210/-
HNB       - Rs 300/- (Recommended for LT)
SAMP     - Rs 330/- (Recommended for LT)
BFL        - Rs 200/-
TAFL       - Rs 120/-
BFL        - Rs 90/-
ACL        - Rs 120/-

Some of them have already published reports and have recorded significant results and some not. These results are calculated considering the forward PE. Pls analyse before investing.


Happy Trading

Nuwan Prasad


Manager - Equity Analytics
Manager - Equity Analytics
Thank you

ONTHEMONEY


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Why I recommend Banking & Finance Sector in Current Sentiments

The banking and finance sector has a high potential to record an exceptional performance due to strong growth in its loan book, improved margins and the closer tab on costs coupled with operational efficiencies achieved during recent periods. 

Further it is expected that the strong pick up in credit growth in the economy will bode well for the banks and finance companies to expand its core banking operations in the second half. 

Furthermore the sector has made conscious efforts on improving the high yielding asset classes in its advances mix while identifying market niches. 

Sector has made concerted effort towards improving its non-fund based income sources. This can be seen as a prudent measure in a bid to ease off the over dependence on NII which could come under pressure due to monetary and fiscal policy changes.   


Therefore considering the above facts, I would like to make you guys watch out for a Banking & Finance Sector run in line with Q2 financial reports to be released in parallel to Chicken run. This will lead by the finance companies specially DP companies. LFIN has already started. 


Happy Investments

jayathu


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Motor vehicle section buy COLO.n

jayathu


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Add elpl colo n rhl to that list of P/E ratio below 10 stocks

ONTHEMONEY


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Hi Guys,

The overall sentiments looks very much positive contributed by positive facts such as favorable Quarterly reports, stable government for the next 5 years, Foreign direct investments, etc.Volkswagen has agreed to invest 30 million US dollars to set up a vehicle assembly plant in Sri Lanka - BOI Chairman. This is because that they are confident over the next 5 years.


Thanks for the comments Jayathu. What I have included in the list are counters which displays signs of movement considering the overall undervaluation due to lower PE. VFIN,LFIN,ACL,BFL,TAFL,GRAN already started the rally and continue its potential considering the positive outlook and overall sentiments of the market. Occasional hick ups could be witnessed. Definitely coming days will become a booster to CSE with above stocks.

Today I came to know very important information about the growth in leasing product of finance companies of DP. They have recorded highest ever leasing growth and during July month 2/4 of the leases were done out of total leases for the 7 months in 2015. 

Further due reprising of interest expenses (renewal of fixed deposits at a lower interest rate) has contributed significantly to the NII. If you analyse the latest quarterly results of  Siyapatha Finance, LFIN, CALF, etc have witnessed this trend. It has improved the bottom line significantly. Hence its very positive and clear about the super returns of the finance sector in coming periods. I expect this constant growth trend to continue in remaining months consistently without any wave effect.  


Happy Investments

DANIDU


Manager - Equity Analytics
Manager - Equity Analytics
Thank you ONTHEMONEY for your valuable comments.

peacockman


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Thanks Dear ONTHEMONEY
for your in time news!

VALUEPICK

VALUEPICK
Expert
Expert
Undervalue stocks and stocks which are trading great discount to the market will adjust according to the stage of market and according to P/E ratio of bull market in the remaining stages of current bull market. In a strong market, prices of many stocks will go up. It is time to study all of above stocks. Some can be life time opportunity.

peacockman


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Some of the under valued stocks have been manipulated nearly & now they are 5 times or 10 times bigger than 1 year or 2 year back.  We should consider this matter also.

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics
RENU PE 6.11

ONTHEMONEY


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Hi Guys,

I have analysed the QoQ financial performance of VFIN during the last 2 years. It suggest that the company is naturally strives to perform exceptionally well in Q3 and Q4 each year. 

Year      PeriodNet Profit
(In '000s)
 PER       PBR  DPS          EPS    NAV     Reserves  Retained
Earnings


2014Y372,7875.021.23 8.9736.4416,758929,735
2014Q4119,9703.901.23 11.5536.44297,282929,735
2014Q3105,5184.531.36 10.1633.81280,923836,771
2014Q281,2075.951.48 7.8231.35405,021610,312
2014Q166,0925.441.19 1.5929.09362,162559,451
2013Y303,9104.061.05 7.3128.42345,462548,128
2013Q4100,1243.081.05 2.4128.42345,462548,128
2013Q367,9664.401.10 1.6426.10314,215483,079
2013Q265,3254.771.23 1.5724.31288,618434,128
2013Q170,4934.461.25 1.7024.25245,581451,461

It indicates the pattern of the company where most of the yearly profits were exploited during the last 2 quarters. Further if we can compare QoQ 2014 Q1 vs 2015 Q1, we can identify a growth of 45% in profits which is a positive sign. However VFIN tactically performing well during the Q4 of an year. Therefore the profits for the Q1 is lesser than Q4.

Certain companies have their own ways and means of aggression in performance during an year in relation to the competition, regulators, in house capacities, etc.. Anyway now it is trading @ forward PE of 7.5x times. Hence if we anticipate the trend to continue in 2015/2016 FY we can expect the counter to move towards Rs 110/-. Therefore I would like to recommend VFIN as a mid term investment.

Happy Investments

Sponsored content


Back to top  Message [Page 1 of 1]

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