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.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» McDonald’s අපේ නෙමෙයි අපේ බෝස්ගේ – අබාන්ස් කියයි
by ChooBoy Today at 10:19 am

» AI Assistance for Stock Market Research and Analysis
by ChatGPT Today at 7:12 am

» Comparative Analysis of the Insurance Sector
by God Father Tue Mar 26, 2024 11:46 pm

» Sri Lanka: Why Pay Exorbitant Taxes?
by ChatGPT Tue Mar 26, 2024 10:52 pm

» LANKA CREDIT AND BUSINESS FINANCE PLC (LCBF.N0000)
by K.R Tue Mar 26, 2024 3:15 pm

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by D.G.Dayaratne Tue Mar 26, 2024 9:11 am

» SIYAPATHA FINANACE PLC (SLFL.N0000)
by ChatGPT Tue Mar 26, 2024 7:58 am

» FINANCE AND LEASING SECTOR
by ChatGPT Mon Mar 25, 2024 6:45 am

» LOLC FINANCE PLC (LOFC.N0000)
by ChatGPT Mon Mar 25, 2024 6:36 am

» CIC HOLDINGS PLC (CIC.N0000)
by ChatGPT Mon Mar 25, 2024 6:18 am

» UNION ASSURANCE PLC (UAL.N0000)
by ChatGPT Mon Mar 25, 2024 6:15 am

» First Capital Holdings PLC: Current Financial performance and future outlook
by God Father Sun Mar 24, 2024 10:58 pm

» LankaBizz: Sri Lanka's First ever Artificially Intelligent (AI) Business and Research Assistant
by God Father Sun Mar 24, 2024 7:27 am

» HOTEL AND TRAVEL SECTOR
by ErangaDS Wed Mar 20, 2024 7:22 am

» CIC Holdings Good Times Ahead
by ashan silva Mon Mar 18, 2024 11:00 am

» EPF Fund keep eye on low P/E Shares
by K.R Mon Mar 18, 2024 8:45 am

» SINS - the Tailwind effects of a crisis hit Economy
by Hawk Eye Mon Mar 18, 2024 8:37 am

» Ceylon cold stores
by Hawk Eye Mon Mar 18, 2024 8:25 am

» Asha securities Provide buy signal for CIC
by ddrperera Fri Mar 15, 2024 1:10 am

» CSE ready for another Downtrend?
by D.G.Dayaratne Thu Mar 14, 2024 11:24 am

» LankaLAW Forum : Sri Lanka’s #1 Discussion Platform for Legal Questions and Answers
by blindhog Thu Mar 14, 2024 9:14 am

» Sri Lanka poised to benefit from demand surge for ‘non-China origin’ graphite
by samaritan Wed Mar 13, 2024 1:31 pm

» LOLC hotels
by Maharaja Tue Mar 12, 2024 2:34 pm

» AEL target price ?
by suku502 Mon Mar 11, 2024 11:26 am

» WAPO 200% UP
by LAMDA Sun Mar 10, 2024 10:33 pm

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube

Disclaimer
FINANCIAL CHRONICLE™ Disclaimer

The information contained in this FINANCIAL CHRONICLE™ have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein. FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever. Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, FINANCIAL CHRONICLE™ blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

Further the writers and users shall not induce or attempt to induce another person to trade in securities using this platform (a) by making or publishing any statement or by making any forecast that he knows to be misleading, false or deceptive; (b) by any dishonest concealment of material facts; (c) by the reckless making or publishing, dishonestly or otherwise of any statement or forecast that is misleading, false or deceptive; or (d) by recording or storing in, or by means of, any mechanical, electronic or other device, information that he knows to be false or misleading in a material particular. Any action writers and users take in respect of (a),(b),(c) and (d) above shall be their own responsibility, FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental violation of securities laws of any country, damages or loss arising out of the use of this information.


AI Live Chat

You are not connected. Please login or register

RECOMMENDATIONS REG,SINI,SINS

+2
salt
shan
6 posters

Go down  Message [Page 1 of 1]

1RECOMMENDATIONS REG,SINI,SINS  Empty RECOMMENDATIONS REG,SINI,SINS Mon Feb 07, 2011 7:10 pm

shan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

We expect Regnis (Lanka) PLC to benefit from the turnaround in the demand for consumer durables. We expect the improving demand stemming from the higher disposable income of the Sri Lankan consumer to push up the top line growth. The driver will come from the Refrigerator and Washing machine segments.
We do see the possibility of Sisil and Singer brands being challenged by the reduction taxation for the imported brands. However, the imported brands- Hitachi and Samsung we believe continue to be sold at a significant market premium thus giving REG products the edge with the price conscious Sri Lankan consumer. We expect the forward three-year Sales CAGR to grow by 31.7%.
With strong cash flows, concrete brand equity, solid management and the growth figures displayed in 3Q2010, we believe REG is significantly undervalued given the trading multiples of its peers / related companies. With the country’s current economic upswing and the present market growth potential we are of the opinion that REG shows promise. We feel REG’s low cost positioning, expertise of its affiliate Singer PLC, financial resources, and superior product differentiation requires a premium.
Trades at a historical (TTM) PER of 7.8x and a PBV of 2.1x. This compares to the (TTM) PE ratios of 24.4x of Singer Sri Lanka PLC (SINS:LKR 195.00) and Negative recurring EPS of Singer Industries PLC (SINI:181.40). The already attractive historical PER of 10.2x of REG trades even favourably with a forward PER of 8.1x on 2011 forecast earnings and 6.2x of 2012 forecast earnings.
www.colombostockwatch.com

2RECOMMENDATIONS REG,SINI,SINS  Empty Re: RECOMMENDATIONS REG,SINI,SINS Mon Feb 07, 2011 7:17 pm

salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics

Any idea how this reputation works?

3RECOMMENDATIONS REG,SINI,SINS  Empty Re: RECOMMENDATIONS REG,SINI,SINS Mon Feb 07, 2011 7:39 pm

godswen

godswen
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

What I heard is that SINS has covered their sales target for 2010 by the end of August or September.

4RECOMMENDATIONS REG,SINI,SINS  Empty Re: RECOMMENDATIONS REG,SINI,SINS Mon Feb 07, 2011 8:22 pm

tubal


Vice President - Equity Analytics
Vice President - Equity Analytics

Wish you wouldn't lump SINI with SINS and REG

5RECOMMENDATIONS REG,SINI,SINS  Empty Re: RECOMMENDATIONS REG,SINI,SINS Tue Feb 08, 2011 8:43 am

marketsee

marketsee
Manager - Equity Analytics
Manager - Equity Analytics

I collected some SINI and holding.I think only around 3Mn shares are listed.

6RECOMMENDATIONS REG,SINI,SINS  Empty Re: RECOMMENDATIONS REG,SINI,SINS Tue Feb 08, 2011 10:13 am

cse.alpha


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

The initial post is from a recent report on REG by SC Securities, when price was Rs161.

The biggest risk for REG is whether all the good news is priced into the share at Rs200, which used to be quite illiquid until Dr Senthileverl sold down his stake.

Recent floods will also dampen rural purchasing power and slow sales of fridges and washing machines (REG's products). Both REG and SINI (which makes Singer sewing machines) have some transfer pricing risk, as all sales are done through Singer Sri Lanka.

Final dividend of around Rs3-5 can though be expected for 2010, but that alone is insufficient to support share at current prices.

Sponsored content



Back to top  Message [Page 1 of 1]

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