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SRI LANKA TELECOM PLC (SLTL.N0000)

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76SRI LANKA TELECOM PLC (SLTL.N0000) - Page 4 Empty Re: SRI LANKA TELECOM PLC (SLTL.N0000) Mon Jan 31, 2022 11:46 am

Swissinvest


Manager - Equity Analytics
Manager - Equity Analytics

SLT Consolidation is almost over.
Run very Soon. Best Results ever and 100+ by results release.
SRI LANKA TELECOM PLC (SLTL.N0000) - Page 4 Slt10

svkiruba8@gmail.com likes this post

77SRI LANKA TELECOM PLC (SLTL.N0000) - Page 4 Empty Re: SRI LANKA TELECOM PLC (SLTL.N0000) Tue Feb 01, 2022 8:42 am

Swissinvest


Manager - Equity Analytics
Manager - Equity Analytics

Strong Consolidation above 60. 100+ possible by next week closer to results.
Best ever results reported for last year.
SRI LANKA TELECOM PLC (SLTL.N0000) - Page 4 Slt12

78SRI LANKA TELECOM PLC (SLTL.N0000) - Page 4 Empty Re: SRI LANKA TELECOM PLC (SLTL.N0000) Tue Feb 01, 2022 3:07 pm

Sadjith


Stock Analytic
Stock Analytic

@swissinvest When will be the results released? Couldn't hear anything about SLT other than from you.

79SRI LANKA TELECOM PLC (SLTL.N0000) - Page 4 Empty Re: SRI LANKA TELECOM PLC (SLTL.N0000) Tue Feb 01, 2022 3:09 pm

Swissinvest


Manager - Equity Analytics
Manager - Equity Analytics

Usually, the report will come by Mid or End Feb.
Best ever Financials to date.

Sadjith likes this post

80SRI LANKA TELECOM PLC (SLTL.N0000) - Page 4 Empty Re: SRI LANKA TELECOM PLC (SLTL.N0000) Mon Feb 07, 2022 9:09 am

Swissinvest


Manager - Equity Analytics
Manager - Equity Analytics

SLT consolidation is almost over. Heavy collection at CMP.
Expecting massive jump very soon with the publishing of the best ever results.

81SRI LANKA TELECOM PLC (SLTL.N0000) - Page 4 Empty Re: SRI LANKA TELECOM PLC (SLTL.N0000) Tue Feb 08, 2022 9:24 am

Swissinvest


Manager - Equity Analytics
Manager - Equity Analytics

Selling has reduced and RSI at low levels.
Once Demand starts kicking in closer to the financials will clear the board very soon.

82SRI LANKA TELECOM PLC (SLTL.N0000) - Page 4 Empty sri lanka telecom plc Wed Feb 09, 2022 10:42 pm

suku502


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

it is good time to enter now , it's trading around RS.50. this should trade above the 60+ .

Good Quarter result to receive .

83SRI LANKA TELECOM PLC (SLTL.N0000) - Page 4 Empty Re: SRI LANKA TELECOM PLC (SLTL.N0000) Thu Feb 10, 2022 6:39 pm

Sadjith


Stock Analytic
Stock Analytic

@ swissinvest With this downtrend, SLTL will never reach 100 after the report it seems. Will it reach 70 at least?

84SRI LANKA TELECOM PLC (SLTL.N0000) - Page 4 Empty Re: SRI LANKA TELECOM PLC (SLTL.N0000) Thu Feb 10, 2022 9:48 pm

suku502


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Sadjith wrote:@ swissinvest With this downtrend, SLTL will never reach 100 after the report it seems. Will it reach 70 at least?
it should have within the range of 100, but it has been changed due to new Tax . but 70 mark is well within the short run.

first down trend should be reversed .

technically SLT is good counter. RS.50 is good price 

10 % gain is possible with market down trend reversal .

lets

Sadjith likes this post

85SRI LANKA TELECOM PLC (SLTL.N0000) - Page 4 Empty Re: SRI LANKA TELECOM PLC (SLTL.N0000) Fri Feb 18, 2022 11:07 am

Sadjith


Stock Analytic
Stock Analytic

SLTL report released. Any expert opinion?

86SRI LANKA TELECOM PLC (SLTL.N0000) - Page 4 Empty Re: SRI LANKA TELECOM PLC (SLTL.N0000) Mon Feb 21, 2022 10:29 am

Swissinvest


Manager - Equity Analytics
Manager - Equity Analytics

[size=46]SLT Group topline surpasses Rs. 100 billion, recording Rs. 12.2 billion Profit After Taxes[/size]

https://island.lk/slt-group-topline-surpasses-rs-100-billion-recording-rs-12-2-billion-profit-after-taxes/#:~:text=102.3%20Bn%20for%20the%20year,performances%20by%20multiple%20business%20segments.

Sri Lanka Telecom PLC (SLT) Group, the National ICT Solutions Provider, concluded the financial year 2021 on a high note, recording a turnover of Rs. 102.3 Bn for the year ended December 31, 2021 marking a topline growth of 12.3% year-on-year. The Group’s sustained growth resulted in a Profit After Tax (PAT) of Rs. 12.2 Bn, a growth of 54.3% as compared to the previous year.
Group profits were propelled forward by robust performances by multiple business segments. The EBITDA of the Group grew at 16.6% during the period on the backdrop of Operating Profit growth of 19.0%. SLT’s sustained investment on expanding fiber connectivity (FTTH) and significant expansions and upgrades in the 4G/LTE network resulted in the surge in Broadband revenue during the year. Further, SLT experienced a revenue growth in PEO TV in a market receptive to quality education and entertainment options online, expanding to hitherto untapped markets during the year under review. Xyntac, the Global unit of SLT-MOBITEL adds strength to the overall business, with the investment in the new SEA-ME-WE 6 cable, set to elevate Sri Lanka’s global connectivity capacity to the next level. The state-of-the-art data center that bolsters the digital capabilities of SLT-MOBITEL, and the Akaza multi-cloud platform too continue to add value to the company.
SLT Group Chairman, Rohan Fernando stated, “Looking back on 2021, I can proudly say that we have achieved way beyond what we expected and closed the year with an all-time best record in every aspect may it be financial, corporate governance or above all else national responsibility. The principles we diligently adhered to on zero corruption, waste control, high efficiency and inclusive management has helped overcome all obstacles in 2021. Going forward our new direction will be in meeting competition and enticing customers towards the SLT Group. We will look at the transformation of our business from “Telco to Techno”, to cover many aspects of technology directly involved with our business. Technology companies are the most powerful in the world driving economies and all services essentially required for human beings. We at SLT-MOBITEL are at the center of technology and best positioned to be a driving force in Sri Lanka.”
Group revenue for Q4 2021 grew by 7.5% compared to the same quarter of the previous year to Rs. 25.7 Bn, with the EBITDA and Operating Profit growing by 21.3% and 34.8% respectively. The Group Profit After Tax (PAT) for the quarter climbed to Rs. 3.0 Bn, a 162.9% year-on-year growth.
“The past year was one of discovery and resilience, and one we were all fully invested in. Our growth in all areas is a testament to it. The SLT-MOBITEL brand unification propelled the Group forward, enticing customers to embrace the National Service Provider and to trust in us to provide uninterrupted connectivity despite the challenges we faced as a country. The divesting of our non-core businesses has brought in good results and will now allow us single minded focus on our core businesses, allowing us to propel SLT Group’s to the pinnacle of digital leadership. The Group is passionate to cement our leadership in the industry and meet the competition head on, and with a commitment to inclusive management, we will work as one team to achieve our business goals as SLT-MOBITEL.” Remarked SLT Group Chief Executive Officer Lalith Seneviratne.
The holding company of the Group, Sri Lanka Telecom PLC (SLT) recorded an impressive 16.0% increase in revenue over the last year reaching Rs. 59.8 Bn. The PAT of the company went up to Rs. 5.9 Bn, reflecting a 45.9% year-on-year growth. The Company saw a heightened growth in revenues from Broadband, PEOTV and Carrier Domestic services during the year compared to the year before.
SLT Chief Executive Officer, Janaka Abeysinghe commented, “Our decision to boldly pursue digitalisation unabated during the pandemic, has stood us in good stead. The people depended on the national ICT solutions provider to give them uninterrupted domestic and global voice and data services and our ability to provide them with that has driven both topline and bottom-line growth in the company. We work to ensure the digital divide continues to shrink, capitalising on our growth with the support of our committed employees, to deliver the best for our customers.”
Mobitel (Pvt.) Ltd., the mobile arm of the Group recorded its highest profits in its 28-year history with a PAT of Rs. 8.0 Bn. marking a growth of 63.8% in PAT year-on-year. The growth was mainly driven by the Broadband segment. Despite the adverse macroeconomic conditions and other challenges, Mobitel recorded a revenue of Rs. 47.1 Bn, a noteworthy 8.7% year-on-year growth compared to the previous year. Mobitel’s post-paid voice revenue and international incoming Voice revenue too reported a considerable growth during the same period. EBITDA increased by 17.7% to Rs. 19.5 Bn, reflecting the growth in revenue and operational efficiencies.
“The Mobitel Team has diligently worked on ensuring it fulfills the need for essential mobile connectivity in Sri Lanka. It is gratifying to see the outstanding results of that hard work, especially given the less-than-ideal macroeconomic conditions we faced. As the only truly Sri Lankan mobile services provider, Mobitel is committed to provide our customers island-wide an enriching voice and data usage experience, ensuring a smooth digital journey for all.” stated Mobitel (Pvt) Ltd, Chief Executive Officer, Chandika Vitharena.
SLT managed to lower its group level borrowings during the year under review. Further, the Group’s Operating cash flows displayed a continuous improvement with a 22.8% increase compared to the previous year. The Group stated that despite forex challenges in the country, the devaluation exposure to the Group was low, with SLT making gains on exchange due to prudent forex management.

87SRI LANKA TELECOM PLC (SLTL.N0000) - Page 4 Empty Re: SRI LANKA TELECOM PLC (SLTL.N0000) Tue Feb 22, 2022 10:26 am

Swissinvest


Manager - Equity Analytics
Manager - Equity Analytics

Good Collection going on. Can rally soon as the results have been great.

88SRI LANKA TELECOM PLC (SLTL.N0000) - Page 4 Empty Re: SRI LANKA TELECOM PLC (SLTL.N0000) Wed Feb 23, 2022 9:20 am

Swissinvest


Manager - Equity Analytics
Manager - Equity Analytics

RSI Lowest despite the increase. Selling should be almost over and hopefully will rally towards 100+ given the best ever financials.

89SRI LANKA TELECOM PLC (SLTL.N0000) - Page 4 Empty Re: SRI LANKA TELECOM PLC (SLTL.N0000) Mon Feb 28, 2022 12:03 pm

suku502


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

it's good time to re-enter ,

90SRI LANKA TELECOM PLC (SLTL.N0000) - Page 4 Empty Re: SRI LANKA TELECOM PLC (SLTL.N0000) Fri Oct 14, 2022 11:08 am

suku502


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

SLT collection at 56 .  bounce bounce bounce

91SRI LANKA TELECOM PLC (SLTL.N0000) - Page 4 Empty Re: SRI LANKA TELECOM PLC (SLTL.N0000) Wed Jan 31, 2024 12:54 pm

Beyondsenses

Beyondsenses
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Two international companies have pre-qualified as bidders for the divestiture of the Sri Lankan Government’s shares in Sri Lanka Telecom PLC. 
According to the State-Owned Enterprises Restructuring Unit of the Ministry of Finance, the two companies are Jio Platforms Ltd, Gujrat, India and Gortune International Investment Holding Ltd c/o Capital Alliance Limited.
The State-Owned Enterprises Restructuring Unit said in a statement that the Government acting through the Ministry of Finance called for a Request for Qualification (RFQ) from potential investors for the divestiture of its shares in Sri Lanka Telecom PLC. The deadline for submission of proposals ended at 02.00 pm on Friday, 12th January 2024.
The Request for Quotes (RFQ) received was thereafter, evaluated based on the Special Guidelines on Divestiture of State-Owned Enterprises approved by the Cabinet in July 2023.
Accordingly, the Cabinet Appointed Special Project Committee (SPCC) and the Special Cabinet Appointed Negotiating Committee (SpCANC) have pre-qualified two bidders for the Request for Proposal (RFP) stage.
Among the selected pre-qualified bidders, Jio, part of Mukesh Ambani’s Reliance Group, is a strong contender, valued at $107 billion by brokerage BofA, while Gortune International Investment Holding is a private equity firm out of China’s southern hub – Guangdong province.
Meanwhile, Pettigo Comercio International LDA c/o NDB Investment Bank Ltd, a front for UK’s Lyca Group owned by Lankan-born entrepreneur Allirajah Subaskaran, has failed to qualify as a bidder. 
The Sri Lankan Government’s sale of a 50.23% stake in Sri Lanka Telecom has drawn interest from the Indian and Chinese firms.
The International Finance Corporation acts as Transaction Advisor for the divestiture of shares held by the Sri Lankan government in Sri Lanka Telecom PLC. (NewsWire)

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