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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » ASIA CAPITAL PLC (ACAP.N0000)

ASIA CAPITAL PLC (ACAP.N0000)

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26ASIA CAPITAL PLC (ACAP.N0000) - Page 2 Empty Re: ASIA CAPITAL PLC (ACAP.N0000) Sun Dec 04, 2011 4:52 pm

Rajaraam


Vice President - Equity Analytics
Vice President - Equity Analytics

May be she reccomended RAL fo day trading coz it's recent records indicate frequent fluctuation.

27ASIA CAPITAL PLC (ACAP.N0000) - Page 2 Empty Re: ASIA CAPITAL PLC (ACAP.N0000) Sun Dec 04, 2011 11:13 pm

manula


Vice President - Equity Analytics
Vice President - Equity Analytics

Flashmark wrote:


Did you buy RAL based on advisor to made a quick trade or an medium term investment?

I said her to i'm interesting about day trading. She told me to buy RAL.

For day trading i think better BLUE X, HVA, CLND...than RAL etc..

Same time if you are buying any shares for day trading don't go for the market price.. bid little less and try .

28ASIA CAPITAL PLC (ACAP.N0000) - Page 2 Empty Good Interim financial statement form ACAP Tue Dec 13, 2011 9:13 am

ABEST


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

http://www.cse.lk/cmt/upload_report_file/363_1323671204.pdf

from this,
EPS, NAVPs are good,(both Company,Group)
cost of sales are too much high,
income form other activity is good,
Other Operating Expenses is too much high,

i think 2m shares are in retailers hand,

i think it is good to invest, sometime it will give return double after or within one year
add your comments....................

29ASIA CAPITAL PLC (ACAP.N0000) - Page 2 Empty Re: ASIA CAPITAL PLC (ACAP.N0000) Tue Dec 13, 2011 9:23 am

Slstock


Director - Equity Analytics
Director - Equity Analytics


All profit we see it due to sale of subsidiary. Nav is Rs 20.09 But what you said about the shares in the market is true.

30ASIA CAPITAL PLC (ACAP.N0000) - Page 2 Empty Re: ASIA CAPITAL PLC (ACAP.N0000) Tue Dec 13, 2011 9:24 am

nkalansu


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

I don't think so.

Operating loss is Rs. 311 Mn. Which means from their core business they have recorded a loss.

They have recorded a net profit of Rs. 821 M because of disposal of subsidiary (I think AAIC) for Rs. 1.26 Bn

Useless accounts

31ASIA CAPITAL PLC (ACAP.N0000) - Page 2 Empty Re: ASIA CAPITAL PLC (ACAP.N0000) Tue Dec 13, 2011 9:46 am

econ

econ
Global Moderator

please do not mislead members.
they have massive operating losses excluding one time capital gain from disposing subsidy.
operating profits have down 170% compare to last year.

32ASIA CAPITAL PLC (ACAP.N0000) - Page 2 Empty Re: ASIA CAPITAL PLC (ACAP.N0000) Tue Dec 13, 2011 10:01 am

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics

ABEST wrote:http://www.cse.lk/cmt/upload_report_file/363_1323671204.pdf

from this,
EPS, NAVPs are good,(both Company,Group)
cost of sales are too much high,
income form other activity is good,
Other Operating Expenses is too much high,

i think 2m shares are in retailers hand,

i think it is good to invest, sometime it will give return double after or within one year
add your comments....................

Go through the financials more carefully

33ASIA CAPITAL PLC (ACAP.N0000) - Page 2 Empty Re: ASIA CAPITAL PLC (ACAP.N0000) Tue Dec 13, 2011 11:52 am

Kumar

Kumar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

@ ABEST,

I appreciate your effort posting about ACAP. In this forum out of 14 threads 4 were started by yourself.
IMOH if you go through their last 3 - 5 years accounts, I think you won't think about this share at this price.
That is my personal opinion, If I'm wrong pin point the good aspects to learn more.
Thanks

34ASIA CAPITAL PLC (ACAP.N0000) - Page 2 Empty ACAP article and quarter report Mon Feb 27, 2012 7:36 am

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics


1) here is report
http://www.cse.lk/cmt/upload_report_file/363_1329909814101.pdf
2)

Here is a news article
http://www.dailynews.lk/2012/02/27/bus04.asp

Asia Capital announces Rs. 1.29 b profit for Q3

Asia Capital PLC announced a Rs. 1.29 billion profit for the first nine months of the 2011/12 financial year on Wednesday, a 476% increase from the corresponding period of 2010/11. This was led chiefly by a 266% increase in revenue from Rs. 238.3 million as at December 31, 2010 to Rs. 872.6 million as at December 31, 2011.

In other key performance indicators the gross profit of the company as at December 31, 2011 was Rs. 852.1 million from Rs. 150 million in December 2010. Other operating income too recorded a significant increase to Rs. 733.4 million from Rs. 189.9 million at the end of December 2010. The basic earnings per share of the Group were Rs. 11.76 as at December 31, 2011 up from Rs. 2.04 in December 2010. This year a dividend per share of Rs. 6.95 was also declared.




Do you find something wrong with these when compared?

35ASIA CAPITAL PLC (ACAP.N0000) - Page 2 Empty Re: ASIA CAPITAL PLC (ACAP.N0000) Mon Feb 27, 2012 9:25 am

aj


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

FT.lk site also have the same press release.
http://www.ft.lk/2012/02/27/asia-capital-profits-up-476-to-rs-1-29-b/

The all consolidated income statement shows big minus numbers but they talk about the company statement. Smile

36ASIA CAPITAL PLC (ACAP.N0000) - Page 2 Empty Re: ASIA CAPITAL PLC (ACAP.N0000) Mon Feb 27, 2012 11:15 pm

anubis


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

May be those journalists are being paid for writing good articles about companies? is that possible?

It's a sad situation because I don't think people new to CSE would bother a lot about checking news articles against financial reports before making investment decisions. I also kind of learnt this lesson the hard way.

Cheers!

37ASIA CAPITAL PLC (ACAP.N0000) - Page 2 Empty Re: ASIA CAPITAL PLC (ACAP.N0000) Tue Feb 28, 2012 9:41 am

aj


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Also the Island has published the same misleading fraudulent press release.

http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=46168

38ASIA CAPITAL PLC (ACAP.N0000) - Page 2 Empty ACAP.N0000 - sudden price increase Thu Aug 30, 2012 11:53 am

bestofluck


Equity Analytic
Equity Analytic

Any particular reason?.. Are they going to announce dividend?

39ASIA CAPITAL PLC (ACAP.N0000) - Page 2 Empty Re: ASIA CAPITAL PLC (ACAP.N0000) Thu Aug 30, 2012 12:04 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

ACAP is not doing too well lately. So am not sure about a dividend. But anything is posible at CSE.

Also any shares from time to time can rise on speculation and oversold territory.

40ASIA CAPITAL PLC (ACAP.N0000) - Page 2 Empty Re: ASIA CAPITAL PLC (ACAP.N0000) Thu Aug 30, 2012 12:22 pm

bestofluck


Equity Analytic
Equity Analytic

Last time they hasve paid Rs. 6.00..even they are doing bad they will pay atleast Rs.4.00 as I believe. Correct me if I am wrong...

41ASIA CAPITAL PLC (ACAP.N0000) - Page 2 Empty Re: ASIA CAPITAL PLC (ACAP.N0000) Thu Aug 30, 2012 2:18 pm

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Someone pl check their holding.
If they have a good collection to get capital gains in a boom let us know.

42ASIA CAPITAL PLC (ACAP.N0000) - Page 2 Empty ASIA CAPITAL PLC (ACAP.N0000) Fri Jun 27, 2014 2:57 pm

sisira.wijeweera


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Asia Capital PLC is an investment bank. The Company's principal activities include corporate finance, asset management, treasury management, financial services and hotels. The Company's segments include Investments; Stock Brokering; Deposit Mobilisation and Credit; Leisure; and Services. The Company's operations offer various services, which include investment banking, asset management, fixed income securities trading, finance house operations (asset leasing, deposit mobilization) and information technology services. The Company offers a range of advisory services from the developing of strategic concepts till their execution. The services that it offers in an advisory capacity include acquisition searches; initial public offerings (IPOs); financing and sell side advisory services, and thematic industry research. The Company offers the services of structuring, execution and initiation of public, as well as private equity products for individual companies and financial sponsors.

How about. ACPL @14.50-15
Any idia?

43ASIA CAPITAL PLC (ACAP.N0000) - Page 2 Empty Re: ASIA CAPITAL PLC (ACAP.N0000) Fri Jun 27, 2014 4:31 pm

Sstar

Sstar
Vice President - Equity Analytics
Vice President - Equity Analytics

Asia Securities and Asia Asset Finance PLC (AAF) both subsidiaries likely to be sold within next few weeks and funds will be invested in Hotel Projects. Asia Capital might probably be left with only assets. They might probably have to change the Sector Classification from Financial Services to Hotels!

AAF 29% to be bought by Muthur Finance India for a price of Rs 2.10 per share and York Street Partners to buy Asia Securities for Rs 110mn.

44ASIA CAPITAL PLC (ACAP.N0000) - Page 2 Empty Asia Capital: Something to happen soon Sun Jul 06, 2014 11:04 pm

StockGuru

StockGuru
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

It is rumoured in market circles that several individuals who are looking at Asia Capital (ACAP) as a consortium of investors will buy a considerable controlling stake on this week.

Not sure but it is being discussed in market circles on these few days.



Last edited by StockGuru on Mon Jul 07, 2014 10:55 am; edited 1 time in total

45ASIA CAPITAL PLC (ACAP.N0000) - Page 2 Empty Re: ASIA CAPITAL PLC (ACAP.N0000) Mon Jul 07, 2014 8:49 am

Sstar

Sstar
Vice President - Equity Analytics
Vice President - Equity Analytics

Asia Capital won't be available for sale but Asia Capital likely to dispose 29% of AAF to Muttur Finance India for Rs 2.20 per share and Asia Securities (Stock Brokering ) Company for Rs 400mn (Actual consideration is Rs 140mn because of inter company liabilities between ACAP and Asia Securities) to York Street Partners. ACAP will use the fund to buy further land and hotels to expand the Asia Leisure business. ACAP will remain as the fund raising vehicle for Asia Leisure.

46ASIA CAPITAL PLC (ACAP.N0000) - Page 2 Empty Re: ASIA CAPITAL PLC (ACAP.N0000) Mon Jul 07, 2014 11:56 am

rdk2874


Manager - Equity Analytics
Manager - Equity Analytics

Sstar wrote:Asia Capital won't be available for sale but Asia Capital likely to dispose 29% of AAF to Muttur Finance India for Rs 2.20 per share and Asia Securities (Stock Brokering ) Company for Rs 400mn (Actual consideration is Rs 140mn because of inter company liabilities between ACAP and Asia Securities) to York Street Partners. ACAP will use the fund to buy further land and hotels to expand the Asia Leisure business. ACAP will remain as the fund raising vehicle for Asia Leisure.

sstar

do you have aaf  Question 

according to your sources what is the time frame.

StockGuru

StockGuru
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Asia Capital PLC that owns Park Street Hotel via Asia Leisure will lose its iconic hotel property from December 2014 as the original owners of the historic house at Park Street will lease out the property to a new operator from December this year.

Currently Asia Capital has a lease agreement with the owners and the family members of historic iconic house of former Businessmen and Philanthropist Mr. S.H. Moosajee.

Sheik Moosajee, an Oxford educated barrister by profession, was a strong believer in social justice, and the neighboring Gangarama temple was a significant beneficiary of his generosity. A philanthropist of his time, he also built the Perumal Kovil in Jafna, and the famous Chapel of our Lady at Madhu. He traveled widely and was awarded an QBE (Order of the British Empire) for his social service by Queen Elizabeth.Amongst his close friends were a number of heads of state and religious leaders.

48ASIA CAPITAL PLC (ACAP.N0000) - Page 2 Empty Any Idea about ACAP?? Thu Aug 21, 2014 10:03 am

Lawwa


Senior Equity Analytic
Senior Equity Analytic

Please share any ideas about ACAP. Today it went up to 13.50 from 12/-. Will it go more higher?

49ASIA CAPITAL PLC (ACAP.N0000) - Page 2 Empty Re: ASIA CAPITAL PLC (ACAP.N0000) Thu Aug 21, 2014 10:24 am

monash

monash
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Private Placement at Rs.18. ACAP will atleast may go past RS.15. Collection going on at 13.50

50ASIA CAPITAL PLC (ACAP.N0000) - Page 2 Empty Re: ASIA CAPITAL PLC (ACAP.N0000) Thu Aug 21, 2014 10:36 am

Lawwa


Senior Equity Analytic
Senior Equity Analytic

monash wrote:Private Placement at Rs.18. ACAP will atleast may go past RS.15. Collection going on at 13.50

are you sure about this

51ASIA CAPITAL PLC (ACAP.N0000) - Page 2 Empty Re: ASIA CAPITAL PLC (ACAP.N0000) Thu Aug 21, 2014 10:49 am

Top Trader


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Also need to check how much money they will get from disposing the AAF

52ASIA CAPITAL PLC (ACAP.N0000) - Page 2 Empty Re: ASIA CAPITAL PLC (ACAP.N0000) Thu Aug 21, 2014 10:54 am

Lawwa


Senior Equity Analytic
Senior Equity Analytic

It is going up, I would enter if it breaks Rs.14/- today

53ASIA CAPITAL PLC (ACAP.N0000) - Page 2 Empty Re: ASIA CAPITAL PLC (ACAP.N0000) Thu Aug 21, 2014 11:03 am

monash

monash
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

https://www.cse.lk/cmt/upload_cse_announcements/2341408589571_.pdf

54ASIA CAPITAL PLC (ACAP.N0000) - Page 2 Empty Re: ASIA CAPITAL PLC (ACAP.N0000) Thu Aug 21, 2014 11:59 am

SuckingRumor


Equity Analytic
Equity Analytic

Eye on ACAP. Collection going on this will shot up at once

55ASIA CAPITAL PLC (ACAP.N0000) - Page 2 Empty Re: ASIA CAPITAL PLC (ACAP.N0000) Thu Aug 21, 2014 12:05 pm

Aubrey Perera


Vice President - Equity Analytics
Vice President - Equity Analytics

The higher the price they sell AAF for the bigger the profit ACAP will make. GL

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