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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » TOKYO CEMENT COMPANY (LANKA) PLC

TOKYO CEMENT COMPANY (LANKA) PLC

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41TOKYO CEMENT COMPANY (LANKA) PLC  - Page 3 Empty Re: TOKYO CEMENT COMPANY (LANKA) PLC Mon Aug 12, 2019 5:00 pm

bhanu


Manager - Equity Analytics
Manager - Equity Analytics
Can anybody shears the real value of this company in long run

rukshan1234


Senior Equity Analytic
Senior Equity Analytic
Net Asset Rs.39 
Earnings recover .. Very Happy

43TOKYO CEMENT COMPANY (LANKA) PLC  - Page 3 Empty Re: TOKYO CEMENT COMPANY (LANKA) PLC Fri Sep 20, 2019 12:02 am

samansilva


Manager - Equity Analytics
Manager - Equity Analytics
@rukshan1234 wrote:Net Asset Rs.39 
Earnings recover .. Very Happy
Foreigner's prefer   share..Agreed...near future pass 30 +

44TOKYO CEMENT COMPANY (LANKA) PLC  - Page 3 Empty Re: TOKYO CEMENT COMPANY (LANKA) PLC Wed Sep 25, 2019 1:35 pm

rukshan1234


Senior Equity Analytic
Senior Equity Analytic
@samansilva wrote:
@rukshan1234 wrote:Net Asset Rs.39 
Earnings recover .. Very Happy
Foreigner's prefer   share..Agreed...near future pass 30 +
This time also profit  (Internal )..rocket  will start..

45TOKYO CEMENT COMPANY (LANKA) PLC  - Page 3 Empty Re: TOKYO CEMENT COMPANY (LANKA) PLC Sun Sep 29, 2019 2:55 pm

rukshan1234


Senior Equity Analytic
Senior Equity Analytic
@rukshan1234 wrote:
@samansilva wrote:
@rukshan1234 wrote:Net Asset Rs.39 
Earnings recover .. Very Happy
Foreigner's prefer   share..Agreed...near future pass 30 +
This time also profit  (Internal )..rocket  will start..
Friday Started  TKYO X  Journey..

46TOKYO CEMENT COMPANY (LANKA) PLC  - Page 3 Empty Re: TOKYO CEMENT COMPANY (LANKA) PLC Mon Sep 30, 2019 11:08 am

ddrperera


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@rukshan1234 wrote:
@rukshan1234 wrote:
@samansilva wrote:
@rukshan1234 wrote:Net Asset Rs.39 
Earnings recover .. Very Happy
Foreigner's prefer   share..Agreed...near future pass 30 +
This time also profit  (Internal )..rocket  will start..
Friday Started  TKYO X  Journey..
positive feeling ...near future pass 30

47TOKYO CEMENT COMPANY (LANKA) PLC  - Page 3 Empty Re: TOKYO CEMENT COMPANY (LANKA) PLC Mon Oct 07, 2019 10:58 am

rukshan1234


Senior Equity Analytic
Senior Equity Analytic
@ddrperera wrote:
@rukshan1234 wrote:
@rukshan1234 wrote:
@samansilva wrote:
@rukshan1234 wrote:Net Asset Rs.39 
Earnings recover .. Very Happy
Foreigner's prefer   share..Agreed...near future pass 30 +
This time also profit  (Internal )..rocket  will start..
Friday Started  TKYO X  Journey..
positive feeling ...near future pass 30
super share..

48TOKYO CEMENT COMPANY (LANKA) PLC  - Page 3 Empty Re: TOKYO CEMENT COMPANY (LANKA) PLC Fri Oct 11, 2019 7:52 am

bhanu


Manager - Equity Analytics
Manager - Equity Analytics
Your target is already achieved.. some serious buying is going on..

49TOKYO CEMENT COMPANY (LANKA) PLC  - Page 3 Empty Re: TOKYO CEMENT COMPANY (LANKA) PLC Tue Oct 15, 2019 12:39 am

rukshan1234


Senior Equity Analytic
Senior Equity Analytic
@bhanu wrote:Your target is already achieved.. some serious buying is going on..
Target success..please follow AEL and RCL.. Very Happy Very Happy Very Happy

ThilinaM

ThilinaM
Vice President - Equity Analytics
Vice President - Equity Analytics
there is manipulation going on tokyo cement X. dont touch that if you are not a veteran

51TOKYO CEMENT COMPANY (LANKA) PLC  - Page 3 Empty Re: TOKYO CEMENT COMPANY (LANKA) PLC Thu Oct 24, 2019 8:30 am

ThilinaM

ThilinaM
Vice President - Equity Analytics
Vice President - Equity Analytics
TKYO.X is manipulation. no performance at all.

52TOKYO CEMENT COMPANY (LANKA) PLC  - Page 3 Empty Re: TOKYO CEMENT COMPANY (LANKA) PLC Thu Oct 24, 2019 11:05 am

Rare

Rare
Equity Analytic
Equity Analytic
Oh, I am about to buy this. how about next year?

53TOKYO CEMENT COMPANY (LANKA) PLC  - Page 3 Empty Re: TOKYO CEMENT COMPANY (LANKA) PLC Sun Feb 16, 2020 7:54 pm

Cliff777


Equity Analytic
Equity Analytic
Hello! Do you have any idea about the sharp fluctuations of the share price recently? The company should ideally benefit a lot when the port city building construction work begins isn't it? Thank you heaps in advance!!!

54TOKYO CEMENT COMPANY (LANKA) PLC  - Page 3 Empty Re: TOKYO CEMENT COMPANY (LANKA) PLC Sun Feb 16, 2020 8:11 pm

Ekanayake90

Ekanayake90
Manager - Equity Analytics
Manager - Equity Analytics
Market leader in the industry
This will gives a good return in the long term

55TOKYO CEMENT COMPANY (LANKA) PLC  - Page 3 Empty Re: TOKYO CEMENT COMPANY (LANKA) PLC Sun Feb 16, 2020 8:12 pm

Ekanayake90

Ekanayake90
Manager - Equity Analytics
Manager - Equity Analytics
Fly ash cement grabs over third of sales at Sri Lanka’s Tokyo Cement
Thursday July 25, 2019 10:28:00


ECONOMYNEXT – Tokyo Cement Plc said its blended hydraulic cement made with fly ash from Sri Lanka’s coal power plants has made rapid market gains and made up 35 percent of sales by the March 2019 quarter.

"The new cement, which is not only stronger, but also contains sulphide resistance, and has more water impervious properties that ordinary Portland cement…:, Managing Director S R Gnanam told shareholders.

"..[O]ver the medium term we hope to transition from Portland to the more sophisticated, Blended Hydraulic Cement," Managing Director S R Gnanam told shareholders.

The cement is made to international standard with technical assistance from the firm’s Japanese partners Ube Cment.

"Ube provided Tokyo with on-site engineers to monitor the manufacturing process, to ensure international quality. Our manufacturing facilities continue to maintain technical communications with Ube."

The firm launched the product last year. In the June 2018 quarter BHC cement was only 5 percent of market share. But it had increased to 35 percent my March 2019, taking the market "by storm" Tokyo said.

BHC is made with ‘top-grade’ fly ash from coal plants in Norochcholai, in the Western coast of Sri Lanka. Fly ash from different coals may have different chemical properties or granular sizes.

Tokyo said a fly ash separator was set up in the second quarter of 2018/2019 year to develop the highest quality blended hydraulic cement.

The BHC cement complies to Sri Lanka Standard SLS 1247:2015 Strength Class 42.5N and BS EN 197-1:2011 under type CEB IV/A (V) 42.5 N – SR international standard, the firm said.

The introduction of fly ash as a partial substitute for some raw material making it the ‘greenest’ cement in Sri Lanka, the firm said. Tokyo also generates renewable power for its factories.

Tokyo Cement has the capacity to produce up to 2.8 million metric tonnes a year. In 2018 following monetary instability with a steep currency collapse the overall market has contracted, and the firm said it had excess capacity.

Tokyo had increased production 7.63 percent by gaining market share recording revenues of 38.49 billion rupees in the year ending March 2019.

The firm also produces other materials such including sand, plaster and tile adhesives. (Colombo/July25/2019)

56TOKYO CEMENT COMPANY (LANKA) PLC  - Page 3 Empty Re: TOKYO CEMENT COMPANY (LANKA) PLC Mon Feb 17, 2020 12:38 am

Cliff777


Equity Analytic
Equity Analytic
@Ekanayake90 wrote:Fly ash cement grabs over third of sales at Sri Lanka’s Tokyo Cement
Thursday July 25, 2019 10:28:00
 

ECONOMYNEXT – Tokyo Cement Plc said its blended hydraulic cement made with fly ash from Sri Lanka’s coal power plants has made rapid market gains and made up 35 percent of sales by the March 2019 quarter.

"The new cement, which is not only stronger, but also contains sulphide resistance, and has more water impervious properties that ordinary Portland cement…:, Managing Director S R Gnanam told shareholders.

"..[O]ver the medium term we hope to transition from Portland to the more sophisticated, Blended Hydraulic Cement," Managing Director S R Gnanam told shareholders.

The cement is made to international standard with technical assistance from the firm’s Japanese partners Ube Cment.

"Ube provided Tokyo with on-site engineers to monitor the manufacturing process, to ensure international quality. Our manufacturing facilities continue to maintain technical communications with Ube."

The firm launched the product last year. In the June 2018 quarter BHC cement was only 5 percent of market share. But it had increased to 35 percent my March 2019, taking the market "by storm" Tokyo said.

BHC is made with ‘top-grade’ fly ash from coal plants in Norochcholai, in the Western coast of Sri Lanka. Fly ash from different coals may have different chemical properties or granular sizes.

Tokyo said a fly ash separator was set up in the second quarter of 2018/2019 year to develop the highest quality blended hydraulic cement.

The BHC cement complies to Sri Lanka Standard SLS 1247:2015 Strength Class 42.5N and BS EN 197-1:2011 under type CEB IV/A (V) 42.5 N – SR international standard, the firm said.

The introduction of fly ash as a partial substitute for some raw material making it the ‘greenest’ cement in Sri Lanka, the firm said. Tokyo also generates renewable power for its factories.

Tokyo Cement has the capacity to produce up to 2.8 million metric tonnes a year. In 2018 following monetary instability with a steep currency collapse the overall market has contracted, and the firm said it had excess capacity.

Tokyo had increased production 7.63 percent by gaining market share recording revenues of 38.49 billion rupees in the year ending March 2019.

The firm also produces other materials such including sand, plaster and tile adhesives. (Colombo/July25/2019)

Thank you so much for this material!!!  Smile Smile

57TOKYO CEMENT COMPANY (LANKA) PLC  - Page 3 Empty Re: TOKYO CEMENT COMPANY (LANKA) PLC Mon Feb 17, 2020 10:49 am

Cliff777


Equity Analytic
Equity Analytic
There is an RSI Divergence in the form of rising Daily RSI and falling prices, indicating that a bullish divergence is on the way Smile

58TOKYO CEMENT COMPANY (LANKA) PLC  - Page 3 Empty Re: TOKYO CEMENT COMPANY (LANKA) PLC Mon Feb 17, 2020 11:38 am

GOSL

GOSL
Equity Analytic
Equity Analytic
Construction of building complex in Colombo Port City to start by mid-2020

Author LBO
Posted on February 17, 2020 | Lead Story, Real Estate & Construction, Shipping and Transport
port-city-2020

Feb 17, 2020 (LBO) – Construction of the building complex in Colombo Port City will commence in the middle of this year at a cost of 15 million US dollars and the first phase is expected to be completed by 2023, the President’s Media Division said.

China Communication Construction will spend 1.4 billion dollars for the reclamation activities and infrastructure facilities of the Port City which will change the landscape of Colombo.

Attention was drawn to the plan of the Port City during the National Law Conference held under the patronage of President Rajapaksa recently. Following the event, he made an inspection tour of Port City.

A special committee had been appointed to study legal drafts related to the reclaimed land. A special economic service zone will also be declared following the adoption of the same by Parliament and it will be the first-ever dedicated economic zone for services.

The Port City Project is being implemented under a tripartite agreement between the Ministry of Urban Development, Urban Development Authority and China Communication Construction.

59TOKYO CEMENT COMPANY (LANKA) PLC  - Page 3 Empty Re: TOKYO CEMENT COMPANY (LANKA) PLC Tue Feb 18, 2020 10:17 am

Cliff777


Equity Analytic
Equity Analytic
Thank you heaps!!!  Very Happy

60TOKYO CEMENT COMPANY (LANKA) PLC  - Page 3 Empty Re: TOKYO CEMENT COMPANY (LANKA) PLC Tue Feb 18, 2020 11:51 am

Ekanayake90

Ekanayake90
Manager - Equity Analytics
Manager - Equity Analytics
SLIC/EPF factor to consider 🎉

61TOKYO CEMENT COMPANY (LANKA) PLC  - Page 3 Empty Re: TOKYO CEMENT COMPANY (LANKA) PLC Tue Feb 18, 2020 12:04 pm

Cliff777


Equity Analytic
Equity Analytic
Can you please elaborate? Smile

62TOKYO CEMENT COMPANY (LANKA) PLC  - Page 3 Empty Re: TOKYO CEMENT COMPANY (LANKA) PLC Thu Feb 20, 2020 12:30 pm

Cliff777


Equity Analytic
Equity Analytic
This should ward off the concerns about lack of Chinese workers in the construction sector in Sri Lanka due to spread of coronavirus. 


[size=40]China posts sharp drop in new coronavirus cases after criteria change[/size]
 

https://www.reuters.com/article/us-china-health-toll/china-posts-sharp-drop-in-new-coronavirus-cases-after-criteria-change-idUSKBN20E088?il=0

63TOKYO CEMENT COMPANY (LANKA) PLC  - Page 3 Empty Re: TOKYO CEMENT COMPANY (LANKA) PLC Fri Feb 21, 2020 10:31 am

Cliff777


Equity Analytic
Equity Analytic
[size=33]Chinese workers re-start work in SL[/size]


http://www.dailymirror.lk/breaking_news/Chinese-workers-re-start-work-in-SL/108-183491

64TOKYO CEMENT COMPANY (LANKA) PLC  - Page 3 Empty Re: TOKYO CEMENT COMPANY (LANKA) PLC Fri Feb 21, 2020 11:03 am

Teller

Teller
Moderator
Moderator
SLIC/EPF factor to consider 🎉
EPF strongly should not touch tokyo


_________________




Teller said is said..

65TOKYO CEMENT COMPANY (LANKA) PLC  - Page 3 Empty Re: TOKYO CEMENT COMPANY (LANKA) PLC Fri Feb 21, 2020 11:20 am

Cliff777


Equity Analytic
Equity Analytic
Can you please elaborate, I don't get what your are implying? Thank you very much!!

66TOKYO CEMENT COMPANY (LANKA) PLC  - Page 3 Empty Re: TOKYO CEMENT COMPANY (LANKA) PLC Fri Feb 21, 2020 11:54 am

Cliff777


Equity Analytic
Equity Analytic
EPF already owns 4.2% of TKYO.X. Currently EPF share of investments in the CSE is 3% of its portfolio. They are planning to raise it to 6% in 2020 as it was in the news. So it is highly likely that EPF will increase its stake in TOKY.X during the year. Further, this also means that circa LKR 66 billion additional funds will be invested in the CSE by the EPF this year if they raise their stake to 6% of its portfolio which they clearly announced.



Last edited by Cliff777 on Fri Feb 21, 2020 12:15 pm; edited 1 time in total

67TOKYO CEMENT COMPANY (LANKA) PLC  - Page 3 Empty Re: TOKYO CEMENT COMPANY (LANKA) PLC Fri Feb 21, 2020 12:07 pm

Ekanayake90

Ekanayake90
Manager - Equity Analytics
Manager - Equity Analytics
@Teller wrote:SLIC/EPF factor to consider 🎉
EPF strongly should not touch tokyo

They have very limited options available since they cannot increse the holdings of banking and finance sector anymore.
The next best option would be Other Bulechips trading at a discount at the moment.(Spence, Tokyo , Ael , Llub ,Melsta , JKH..ECT).



EPF not actively investing in Sri Lanka bank shares: officials
Friday January 31, 2020 12:29:08

ECONOMYNEXT- Sri Lanka’s Employees’ Provident Fund (EPF) of private sector workers savings managed by the state, is currently not “actively investing” in banking shares, officials said, where concerns have been raised about conflicts of interest and state interference.
“The EPF is not actively investing in banking shares now,” Senior Deputy Governor NandalalWeerasinghe said, responding to a question raised by EconomyNext.
The 2.2 trillion rupee EPF, managed by the central bank, is now one of the largest owners of private banks.
Since banks are some of the top performers there have been calls for the EPF to be managed independently.
Deputy Governor H A Karunaratne said the exposure of the EPF to banking stocks is too high, but did not say a specific prohibition had been placed on bank investments but said the decision to buy banking stocks once more will be up to the EPF Investment Committee.
“There is no hard and fast rule,” he said. “We are careful about moving into that area because the exposure is high.”
EPF has been subscribing to rights issues of banks.Many banks are opting for rights issues as their capital buffers are coming under pressure amid rising bad loans.
Distancing EPF from Bank Supervision
Criticism has risen on the conflict of interest over EPF controlling banks because the central bank is the industry regulator and is privy to information that is not public.
Concerns have been raised earlier on the EPF appointing bank directors with or without the support of other state funds. Other state managed funds, including Sri Lanka Insurance, also own bank stocks.

With the recent decision taken not to actively buy bank stock, and a limit of new purchases to below 10 percent will reduce some of the conflicts, Weerasinghe said.
“As long as you are not actively engaging in trading or investing other than passive investment, I see no conflict there,” he said, adding that officials such Assistant Governors are now not in charge of both duties.
Previously, the bank supervision duties were handled by the same assistant and deputy governors who were in charge of the EPF.
Last June, when EconomyNext questioned then Governor Indrajit Coomaraswamy on whether the roles could be split, he said the central bank would consider distancing the two roles.
Officials on Thursday confirmed that new governance measures have been brought in.
Karunaratne and Assistant Governor Yvette Fernando, who were previously in charge of the two roles, were not fully aware of EPF trades which were and were not conducted during the December quarter.
“This clearly shows there is a separation between the EPF and the Deputy Governor (Karunaratne),” Fernando said.
“I’m not overseeing that. Now there is a new Assistant Governor. I’m speaking because I know of the operations previously,” she explained.
Sri Lanka’s EPF had not invested in listed banks stocks until 2009. In 2005 the EPF had bought stock in NDB with monetary board approval. A forensic audit said into EPF said the investment policy was changed in 2011.
Investments in stock trades were later ratified by the Monetary Board. (Colombo/Jan31/2020)

68TOKYO CEMENT COMPANY (LANKA) PLC  - Page 3 Empty Re: TOKYO CEMENT COMPANY (LANKA) PLC Fri Feb 21, 2020 12:11 pm

Ekanayake90

Ekanayake90
Manager - Equity Analytics
Manager - Equity Analytics
@Cliff777 wrote:EPF already owns 4.2% of TKYO.X. Currently EPF share of investments in the CSE is 3% of its portfolio. They are planning to raise it to 6% in 2020 as it was in the news. So it is highly likely that EPF will increase its stake in TOKY.X during the year. Further, this also means that circa LKR 36 billion additional funds will be invested in the CSE by the EPF this year if they raise their stake to 6% of its portfolio which they clearly announced.

Yes , they will.
Unlike traders they will consider future earnings potential of construction sector. ($15 billion investments in port city)
Tokyo will easily do 10+ Earnings next five years.

69TOKYO CEMENT COMPANY (LANKA) PLC  - Page 3 Empty Re: TOKYO CEMENT COMPANY (LANKA) PLC Fri Feb 21, 2020 12:21 pm

Cliff777


Equity Analytic
Equity Analytic
Yes that's what I proposed earlier also. Now that the Chinese workers are returning to work the Port City Construction work will commence as reported which will immensely benefit TOKYO. I don't get why Teller is thinking otherwise. The daily RSI value is almost 30 which means the share is oversold and now is the perfect time to buy the share. Further, the ROC Price indicator is rising indicating technically that the share price is poised to rise.

70TOKYO CEMENT COMPANY (LANKA) PLC  - Page 3 Empty Re: TOKYO CEMENT COMPANY (LANKA) PLC Fri Feb 21, 2020 2:41 pm

Arrowrisk

Arrowrisk
Manager - Equity Analytics
Manager - Equity Analytics
Last year First and Final dividend was Rs.0.30    27.08.2019

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