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

LISTED COMPANIES

Submit Post
Poll

Can there be another Covid-19 wave in Sri Lanka?

 
 
 

View results

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer

Latest topics

» LLUB=BULL Chevron Lanka Lubricant Target Price Rs 150..
by Thushara Ayya Today at 7:17 am

» BANKING SECTOR
by Thushara Ayya Today at 7:14 am

» Prime Residencies IPO. Over Priced?
by madukp Today at 12:37 am

» SL market is gaining it's momentum despite all threats
by madukp Today at 12:18 am

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by soileconomy Yesterday at 11:20 pm

» AMF will reach its high again?
by Bakka1988 Yesterday at 11:07 pm

» LANKA ALUMINIUM INDUSTRIES PLC (LALU.N0000)
by Captain Yesterday at 10:57 pm

» CAUTION FOR THOSE WHO ARE ABOUT TO BUY MORE
by THUWA Yesterday at 9:20 pm

» Daily Foreign Transactions update
by Pradeep90 Yesterday at 9:04 pm

» R I L PROPERTY PLC (RIL.N0000)
by High-flyer Yesterday at 8:25 pm

» Directors' Dealings 17/06/2021
by SAGA Yesterday at 6:01 pm

» L B FINANCE PLC (LFIN.N0000)
by SAGA Yesterday at 5:37 pm

» COVID WAVES: Can there be another Covid-19 wave in Sri Lanka?
by Wickyz Yesterday at 5:27 pm

» Top Foreign Tradings today - 17/06/2021
by SAGA Yesterday at 5:23 pm

» ‘‘ඔන්ලයින් හරහා අරක්කු බෙදනවාට මා තරයේ විරුද්ධයි‘‘ - රාජ්‍ය අමාත්‍ය
by Wickyz Yesterday at 12:37 pm

» FIRST CAPITAL HOLDINGS PLC (CFVF.N0000)
by Eranga87 Yesterday at 11:35 am

» Watch COCR.N
by judecroos Yesterday at 9:17 am

» HATTON NATIONAL BANK PLC
by samansilva Wed Jun 16, 2021 11:14 pm

» LOLC HOLDINGS PLC (LOLC.N0000)
by SAGA Wed Jun 16, 2021 8:57 pm

» Directors' Dealings 16/06/2021
by SAGA Wed Jun 16, 2021 7:33 pm

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


Submit Post

CHRONICLE ANALYTICS
All Share Index (ASI), S&P, Milanka Price Index (MPI), Moving Averages and all other analytical graphs and charts

Contribute

Twitter Feeds

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » TILE AND CERAMIC SECTOR

TILE AND CERAMIC SECTOR

Go to page : 1, 2, 3, 4  Next

Go down  Message [Page 1 of 4]

1TILE AND CERAMIC SECTOR Empty TILE AND CERAMIC SECTOR Mon May 06, 2013 10:44 am

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics
Dammika Perera taken the full control of the Sri Lanka's tile market. His empire is more worth now. RCL, VONE, etc. Full of synergies.



Last edited by hariesha on Mon May 06, 2013 11:11 am; edited 2 times in total

2TILE AND CERAMIC SECTOR Empty Re: TILE AND CERAMIC SECTOR Mon May 06, 2013 10:47 am

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
What do you mean? Did they buy CERA?

3TILE AND CERAMIC SECTOR Empty Re: TILE AND CERAMIC SECTOR Mon May 06, 2013 10:53 am

Sidath

Sidath
Manager - Equity Analytics
Manager - Equity Analytics
my sources say that they did.

4TILE AND CERAMIC SECTOR Empty Re: TILE AND CERAMIC SECTOR Mon May 06, 2013 10:57 am

salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics
Have they bought parent of TILE?

5TILE AND CERAMIC SECTOR Empty Re: TILE AND CERAMIC SECTOR Mon May 06, 2013 10:58 am

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
Parent of LWL and TIle is CERA.That why I asked,


@salt wrote:Have they bought parent of TILE?

6TILE AND CERAMIC SECTOR Empty Re: TILE AND CERAMIC SECTOR Mon May 06, 2013 10:59 am

Jiggysaurus

Jiggysaurus
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@salt wrote:Have they bought parent of TILE?

Not just parent of TILE, CERA is the grandfather of TILE, LWL and PARQ.

7TILE AND CERAMIC SECTOR Empty Re: TILE AND CERAMIC SECTOR Mon May 06, 2013 11:23 am

VISA


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
so now new owner of all this is VONE.

8TILE AND CERAMIC SECTOR Empty Re: TILE AND CERAMIC SECTOR Mon May 06, 2013 11:27 am

salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics
Sri Lanka ceramic tile firm control changes


May 06, 2013 (LBO) - Lanka Ceramics, a tile maker which was owned by Sri Lanka's Ceylon Theatres group had been sold with a controlling stake sold at 120 rupees a share up 40 rupees from a day earlier, brokers said.



Interests connected to Dhammika Perera, an entrepreneur who controls rival ceramics firm, Royal Ceramics, is believed to be in the buying side, market sources said.
In early trading Monday 24.6 million shares of Lanka Ceramics were traded in off-market dealers for a total value of 2.9 billion rupees, with the largest single trade at 19.9 million shares brokers said.

The trades amount to about 80 percent of the company.

Royal Ceramics makes tiles and sanitary ware, industries which enjoy tariff protection and are profitable.

Update II.

9TILE AND CERAMIC SECTOR Empty Re: TILE AND CERAMIC SECTOR Mon May 06, 2013 11:31 am

kalum


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
ok then seems like he didn't left anything to do with us Razz

10TILE AND CERAMIC SECTOR Empty Re: TILE AND CERAMIC SECTOR Mon May 06, 2013 11:42 am

investorguru


Equity Analytic
Equity Analytic
What's next mr dhammika perera... Pls let us know in advance... I wud luv to make 50% a day

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
May 06, 2013 (LBO) - Sri Lanka's Royal Ceramics Plc, a unit of Sri Lanka's Vallibel group has bought control of Lanka Ceramics group 2.9 billion rupees, group chief Dhammika Perera said.

A controlling 79 percent stake in Lanka Ceramic and four subsidiaries which included Horana Plantations was bought for 2.9 billion rupees, Perera said.

With Lanka Ceramic units Lanka Tiles and Lanka Walltiles under its umbrella the Royal Ceramics group now had a monopoly in the tile market, he said.

Horana Plantations was also went with other related companies such as Talawakele Plantations, he said.

About 24.6 million shares of Lanka Ceramics stock traded at 120 rupees up share, up 40 rupees from a day in a series of off-market deals Monday.
http://www.lankabusinessonline.com/news/Sri_Lankas_Royal_Ceramics_gains_control_of_tile_industry/853843566

12TILE AND CERAMIC SECTOR Empty Re: TILE AND CERAMIC SECTOR Mon May 06, 2013 11:56 am

WildBear


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
CERA controlls LWL, and LWL controls TILE. So this is leading to a tile monopoly Very Happy

13TILE AND CERAMIC SECTOR Empty Re: TILE AND CERAMIC SECTOR Mon May 06, 2013 11:59 am

salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics
Sri Lanka has no antitrust law.... so we will pay the price

14TILE AND CERAMIC SECTOR Empty Re: TILE AND CERAMIC SECTOR Mon May 06, 2013 12:19 pm

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics
@Redbulls wrote:May 06, 2013 (LBO) - Sri Lanka's Royal Ceramics Plc, a unit of Sri Lanka's Vallibel group has bought control of Lanka Ceramics group 2.9 billion rupees, group chief Dhammika Perera said.

A controlling 79 percent stake in Lanka Ceramic and four subsidiaries which included Horana Plantations was bought for 2.9 billion rupees, Perera said.

With Lanka Ceramic units Lanka Tiles and Lanka Walltiles under its umbrella the Royal Ceramics group now had a monopoly in the tile market, he said.

Horana Plantations was also went with other related companies such as Talawakele Plantations, he said.

About 24.6 million shares of Lanka Ceramics stock traded at 120 rupees up share, up 40 rupees from a day in a series of off-market deals Monday.
http://www.lankabusinessonline.com/news/Sri_Lankas_Royal_Ceramics_gains_control_of_tile_industry/853843566
well done RCL and dammika

15TILE AND CERAMIC SECTOR Empty Re: TILE AND CERAMIC SECTOR Mon May 06, 2013 12:28 pm

balapas


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Royal Ceramics acquires 80% of Lanka Ceramic

A consortium of investors led by Royal Ceramics has bought over 24 million shares amounting to 80 percent of Lanka Ceramic PLC held by
Ceylon Theatres Group at a price of Rs.120 per share.

According to Royal Ceramics Managing Director Nimal Perera who negotiated the deal, Royal Ceramic bought 21 million shares of Lanka Ceramics while ultimate parent of Royal Ceramic, Vallibel One PLC controlled by businessman Dhammika Perera bought 1 million shares.

And also, Nimal Perera and Lanka Ceramics Chairman Anthony Page—who is acting in concert in the deal—bought 1 million share parcels each.

According to Perera, the mandatory offer to purchase the remaining share will be given by the consortium consisting him, Royal Ceramics, Vallibel One and Anthony Page.

Source: http://www.dailymirror.lk/news/29036-royal-ceramics-acquires-80-of-lanka-ceramic.html

16TILE AND CERAMIC SECTOR Empty Re: TILE AND CERAMIC SECTOR Mon May 06, 2013 12:32 pm

suddera

suddera
Manager - Equity Analytics
Manager - Equity Analytics
Is RCL worth @ current 105.00 levels ?

17TILE AND CERAMIC SECTOR Empty Re: TILE AND CERAMIC SECTOR Mon May 06, 2013 12:34 pm

cse.alpha


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
CTHR makes nice capital gain on sale

CERA was in its books at Rs 87 per share at end 2012 - may have risen to around Rs 90 per share by end April 2013

Sold for Rs 120 per share (less brokerage cost), so profit of c. Rs 30 per share on 24 million shares gives total profit of around Rs 700 million on cash realised of Rs 2.9 billion

CERA reported profit of Rs 523 million last year, and CTHR would have got 80% of that - will not be getting contribution from CERA in future

What will CTHR do with the money ? Pay off debt ? Invest in new bank ? Invest in beer or dairy or supermarkets ?

18TILE AND CERAMIC SECTOR Empty Re: TILE AND CERAMIC SECTOR Mon May 06, 2013 1:06 pm

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
අනේ වාසනාවන් !
දැන් උදේ පාන්දර නිදි ගැට කඩලා ඇඳෙන් නැගිටලා ගිය ගමන් කාවද මතක් වෙන්නේ ?
හතර වටේටම ධම්මික ගේ බඩු .

Well done KDDP !

Construction industry is going to thrive here. They have already set for it.

19TILE AND CERAMIC SECTOR Empty Re: TILE AND CERAMIC SECTOR Mon May 06, 2013 1:25 pm

seek


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Chinwi wrote:අනේ වාසනාවන් !
දැන් උදේ පාන්දර නිදි ගැට කඩලා ඇඳෙන් නැගිටලා ගිය ගමන් කාවද මතක් වෙන්නේ ?
හතර වටේටම ධම්මික ගේ බඩු .

Well done KDDP !

Construction industry is going to thrive here. They have already set for it.

When will he stop building his empire? It is interesting see the NAV of VONE in next Q reports.

20TILE AND CERAMIC SECTOR Empty Re: TILE AND CERAMIC SECTOR Mon May 06, 2013 1:28 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
He is young no reason to stop.

@seek wrote:
@Chinwi wrote:අනේ වාසනාවන් !
දැන් උදේ පාන්දර නිදි ගැට කඩලා ඇඳෙන් නැගිටලා ගිය ගමන් කාවද මතක් වෙන්නේ ?
හතර වටේටම ධම්මික ගේ බඩු .

Well done KDDP !

Construction industry is going to thrive here. They have already set for it.

When will he stop building his empire? It is interesting see the NAV of VONE in next Q reports.

21TILE AND CERAMIC SECTOR Empty Re: TILE AND CERAMIC SECTOR Mon May 06, 2013 1:33 pm

mission


Manager - Equity Analytics
Manager - Equity Analytics

And also it would be intersting on how the market will React towards RCL


@slstock wrote:He is young no reason to stop.

@seek wrote:
@Chinwi wrote:අනේ වාසනාවන් !
දැන් උදේ පාන්දර නිදි ගැට කඩලා ඇඳෙන් නැගිටලා ගිය ගමන් කාවද මතක් වෙන්නේ ?
හතර වටේටම ධම්මික ගේ බඩු .

Well done KDDP !

Construction industry is going to thrive here. They have already set for it.

When will he stop building his empire? It is interesting see the NAV of VONE in next Q reports.


22TILE AND CERAMIC SECTOR Empty Re: TILE AND CERAMIC SECTOR Mon May 06, 2013 1:36 pm

suja


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Do you think then that both VONE and RCL should go up with the news?

23TILE AND CERAMIC SECTOR Empty Re: TILE AND CERAMIC SECTOR Mon May 06, 2013 1:36 pm

Bond


Manager - Equity Analytics
Manager - Equity Analytics
@slstock wrote:He is young no reason to stop.

@seek wrote:
@Chinwi wrote:අනේ වාසනාවන් !
දැන් උදේ පාන්දර නිදි ගැට කඩලා ඇඳෙන් නැගිටලා ගිය ගමන් කාවද මතක් වෙන්නේ ?
හතර වටේටම ධම්මික ගේ බඩු .

Well done KDDP !

Construction industry is going to thrive here. They have already set for it.

When will he stop building his empire? It is interesting see the NAV of VONE in next Q reports.

This man never runs out of cash. Even Ballys has one of the highest winning percentages in the world.

Would have been better if he used Hayleys cash reserves

24TILE AND CERAMIC SECTOR Empty Re: TILE AND CERAMIC SECTOR Mon May 06, 2013 1:37 pm

Sidath

Sidath
Manager - Equity Analytics
Manager - Equity Analytics
doesn't Horana planataions come with lanka ceramics?

25TILE AND CERAMIC SECTOR Empty Re: TILE AND CERAMIC SECTOR Mon May 06, 2013 1:40 pm

Bond


Manager - Equity Analytics
Manager - Equity Analytics
It does -> should offload that to finance this deal.

Sponsored content


Back to top  Message [Page 1 of 4]

Go to page : 1, 2, 3, 4  Next

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