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.

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


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



Latest topics

» What will happen tomorrow?
by Mr. X Today at 4:09 pm

» "MFL" DEAL to 12 RS (multi finance plc)
by Wickyz Today at 3:00 pm

» FUTURE of BROWNS INVESTMENT PLC (BIL)
by ONTHEMONEY Yesterday at 6:53 pm

» Sri Lanka Investment Forum 2021
by samaritan Yesterday at 1:06 pm

» Related party transactions in Banks cause concerns
by ChooBoy Fri May 07, 2021 10:59 pm

» Daily Foreign Transactions
by Pradeep90 Fri May 07, 2021 10:24 pm

» Japanese money laundering via PABC Bank raise CB eye brows
by Lotus Eater Fri May 07, 2021 9:34 pm

» Principal governmental and regulatory policies that govern the banking sector in Sri Lanka
by Lotus Eater Fri May 07, 2021 9:18 pm

» Ban of chemical fertilizers is a great news
by ADVENTUS Fri May 07, 2021 6:29 pm

» DIPD/HAYC/HAYL
by ADVENTUS Fri May 07, 2021 1:11 pm

» Peoples leasing technically positive Target Price Rs 20
by Eranx Fri May 07, 2021 11:30 am

» PEOPLE'S LEASING & FINANCE PLC
by Eranx Fri May 07, 2021 11:29 am

» GLAS will be winner with Super Gain.
by Promoney Thu May 06, 2021 10:30 pm

» What happens in the market is absolutely 100% out of your control. Stock market for beginners
by Asoka Samarakone Thu May 06, 2021 9:45 pm

» Synergies of possible merger between Sampath Bank and PABC
by CHRONICLE™ Thu May 06, 2021 5:42 pm

» ACCESS ENGINEERING ( AEL.N )
by ADVENTUS Thu May 06, 2021 1:50 pm

» Prime Lands Residencies Limited (PLR)
by Nandun Thu May 06, 2021 10:42 am

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by Captain Wed May 05, 2021 11:51 pm

» Growing Fear
by Wickyz Wed May 05, 2021 8:15 pm

» CONGRATULATIONS TO FINANCIAL CHRONICLE ON THIS 11TH YEAR
by CHRONICLE™ Wed May 05, 2021 3:31 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

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » SUNSHINE HOLDINGS PLC (SUN.N0000)

SUNSHINE HOLDINGS PLC (SUN.N0000)

Go to page : 1, 2  Next

Go down  Message [Page 1 of 2]

1SUNSHINE HOLDINGS PLC (SUN.N0000) Empty SUNSHINE HOLDINGS PLC (SUN.N0000) Mon Jan 31, 2011 5:01 pm

Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Sunshine Holdings PLC is a holding company. The Company's principle activities are investment in subsidiaries and other investments where its interest in equity capital is less than 20%. Its business segments include Sunshine Holdings PLC, which is engaged in investment; Sunshine Healthcare Lanka Limited, which is engaged in whole sale and retail of pharmaceutical items; Watawala Plantations PLC, which is engaged in plantation; Sunshine Packaging Lanka Limited, which is engaged in packaging; Estate Management Services (Private) Ltd, which offers management services; Sunshine Power (Pvt) Limited, Upper Waltrim Hydropower (Pvt) Limited and Elgin Hydropower (Pvt) Limited, which are engaged in hydro power generation; Sunshine Energy Limited, which is engaged in investments; Healthguard Pharmacy Limited, which is engaged in retail pharmacy; Watawala Tea Ceylon Limited, which is engaged in manufacturing and retail, and Watawala Australia Pty Limited, which imports and sells branded teas.



Last edited by Quibit on Sun Nov 22, 2020 1:19 pm; edited 1 time in total

2SUNSHINE HOLDINGS PLC (SUN.N0000) Empty Sunshine Holdingns is it worth? Mon May 23, 2011 6:54 am

ssb

ssb
Manager - Equity Analytics
Manager - Equity Analytics
SUNSHINE HOLDING
seems got low value these days .....
any comment on this friends Smile

3SUNSHINE HOLDINGS PLC (SUN.N0000) Empty Re: SUNSHINE HOLDINGS PLC (SUN.N0000) Mon May 23, 2011 1:05 pm

ssb

ssb
Manager - Equity Analytics
Manager - Equity Analytics
bump me brothers

4SUNSHINE HOLDINGS PLC (SUN.N0000) Empty Re: SUNSHINE HOLDINGS PLC (SUN.N0000) Sun May 29, 2011 6:37 pm

ssb

ssb
Manager - Equity Analytics
Manager - Equity Analytics
hmm seems no one is interested cyclops

what it mean ????

bad bad stock or good stock that hidden

5SUNSHINE HOLDINGS PLC (SUN.N0000) Empty Re: SUNSHINE HOLDINGS PLC (SUN.N0000) Sun May 29, 2011 7:43 pm

xhora

xhora
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
9 month EPS Rs.2
annualized EPS would be 2.67
taking Diversified sector PE as 24.92 (As per NDB report) then,
24.92 X 2.67 = Rs. 66.50 (Current price : Rs. 44)

Current PE 44/2.67 = 16.48

Net asset value 15.47
Seems like undervalue, But can't say for sure. My broker also recommended me this usually they are right 80% of the time. I would also like to know others views on this

6SUNSHINE HOLDINGS PLC (SUN.N0000) Empty Re: SUNSHINE HOLDINGS PLC (SUN.N0000) Sun May 29, 2011 9:19 pm

ssb

ssb
Manager - Equity Analytics
Manager - Equity Analytics
@xhora wrote:9 month EPS Rs.2
annualized EPS would be 2.67
taking Diversified sector PE as 24.92 (As per NDB report) then,
24.92 X 2.67 = Rs. 66.50 (Current price : Rs. 44)

Current PE 44/2.67 = 16.48

Net asset value 15.47
Seems like undervalue, But can't say for sure. My broker also recommended me this usually they are right 80% of the time. I would also like to know others views on this
i got same info ,please give ur thoughts people

7SUNSHINE HOLDINGS PLC (SUN.N0000) Empty Re: SUNSHINE HOLDINGS PLC (SUN.N0000) Tue May 31, 2011 8:02 pm

xhora

xhora
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
SUN reports are out
http://www.cse.lk/cmt/upload_report_file/510_1306834558943.pdf

Annual EPS 3.75 and made a 1Bn profits up 38% from last year.
Like my previous valuation (sector fair PE 24.92) this now worth least Rs.93
or at current PE (16.48) Rs.61. Currently trading near 52 Week Low

What do you thin about this one?

8SUNSHINE HOLDINGS PLC (SUN.N0000) Empty Re: SUNSHINE HOLDINGS PLC (SUN.N0000) Thu Jun 02, 2011 9:22 pm

ssb

ssb
Manager - Equity Analytics
Manager - Equity Analytics
seems rally is coming (but i dont know) as price and number of trading is getting high
but i think experts need to comment on SUN
bounce

9SUNSHINE HOLDINGS PLC (SUN.N0000) Empty Re: SUNSHINE HOLDINGS PLC (SUN.N0000) Thu Jun 02, 2011 9:39 pm

gayannadeeka


Manager - Equity Analytics
Manager - Equity Analytics
Good share to hold

http://nadeekacf@facebook.com

10SUNSHINE HOLDINGS PLC (SUN.N0000) Empty Re: SUNSHINE HOLDINGS PLC (SUN.N0000) Fri Jun 03, 2011 12:06 pm

ssb

ssb
Manager - Equity Analytics
Manager - Equity Analytics
rally begun bounce

11SUNSHINE HOLDINGS PLC (SUN.N0000) Empty Re: SUNSHINE HOLDINGS PLC (SUN.N0000) Wed Jun 08, 2011 9:08 pm

ssb

ssb
Manager - Equity Analytics
Manager - Equity Analytics
sinking now Sad

12SUNSHINE HOLDINGS PLC (SUN.N0000) Empty Re: SUNSHINE HOLDINGS PLC (SUN.N0000) Tue May 21, 2013 1:14 pm

Bond


Manager - Equity Analytics
Manager - Equity Analytics
@xhora wrote:9 month EPS Rs.2
annualized EPS would be 2.67
taking Diversified sector PE as 24.92 (As per NDB report) then,
24.92 X 2.67 = Rs. 66.50 (Current price : Rs. 44)

Current PE 44/2.67 = 16.48

Net asset value 15.47
Seems like undervalue, But can't say for sure. My broker also recommended me this usually they are right 80% of the time. I would also like to know others views on this

SUN at 44. Those were the days. Need to be reminded what can happen to this share. Only 5m shares outside the top 20.


13SUNSHINE HOLDINGS PLC (SUN.N0000) Empty SUNSHINE HOLDINGS PLC (SUN.N0000) Fri Nov 20, 2020 10:23 pm

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics
Director's name
Mr. V. Govindasamy
Nature of the directorship
Group Managing Director
Date notification to the board
18 Nov 2020
TRANSACTION TYPE TRANSACTION DATE (DD/MM/YYYY) QUANTITY PRICE (LKR)
       purchase               18 Nov 2020 575,000     66.00

Let's see why This Director bought this share................

• Sun is the parent company of WATA.N
• And it is a diversified Holding more like HHL,

from sunshine holding Annual Report

"
With half a century under our belt, we are a conglomerate that consists of diverse
subsidiaries spanning four vital sectors of our country’s economy: healthcare,
consumer goods, agribusiness, and more recently, renewable energy.
From our modest genesis in 1967, we have held true to the family values that
have brought us this far. An entrepreneurial spirit, solid partnerships, strategic
alliances with leading global companies, strong values, and a Strategy and
Mission that’s fit for the future – these are the elements that will drive us on
from strength to strength."

Business segment
1. HEALTHCARE
• Sunshine Healthcare Lanka Ltd.
• Healthguard Pharmacy Ltd.
2. CONSUMER GOODS
• Watawala Tea Ceylon Ltd. (WTCL)

3.AGRIBUSINESS
• Watawala Plantations PLC
• Watawala Dairy Ltd.


4.ENERGY AND OTHER
• Sunshine Energy (Pvt) Ltd. (SEL)




Looking at latest financial reports, this share has more room for price appreciation in coming days since it is undervalued compare to similar diversified counters in the market.
According to latest report its 6 months EPS is 4.71 Annualized EPS =9.42
(Last quarterly EPS = 2.56 Annualized EPS = 10.24)
Just assume a EPS 10, Then if PER is 12 This share should Trade = 10x12 = RS 120

Let's compare SUN with HHL (similar diversified)
SUN HHL
ANNUALISED EPS 10 7
NAV 59 49
CURRENT PRICE 70.30 82.90
PER 7.3 11.84




iF we assume HHL similar PER ratio for SUN,
SUN should trade -11.84x 10=  Rs 118.00
Therefore please do your own study regarding this share and decide its value !! .

soileconomy, glad, geesura and Kevinmikegrit like this post

14SUNSHINE HOLDINGS PLC (SUN.N0000) Empty Re: SUNSHINE HOLDINGS PLC (SUN.N0000) Sat Nov 21, 2020 5:44 pm

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics
(since early figures are not clear, I will repost that chart)
Let's compare SUN with HHL (similar diversified)

SUNSHINE HOLDINGS PLC (SUN.N0000) Sun10
iF we assume HHL similar PER ratio for SUN,
SUN should trade -11.84x 10= Rs 118.00

geesura likes this post

15SUNSHINE HOLDINGS PLC (SUN.N0000) Empty Re: SUNSHINE HOLDINGS PLC (SUN.N0000) Sun Nov 22, 2020 4:36 am

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics
The advantage that SUN has over other conglomerates like HHL, JKH, HAYL is it does not has any exposure to the Leisure sector. We could see JKH like share heavily impacted due to its leisure sector due to Covid 19 effects. In addition to Sun has one of the largest oil palm cultivation on the island and the oil palm prices are escalating in the world market. In addition to this WATAWALA tea brand is performing very well in the retail segment becoming one of the most popular brands in the market. And its dairy segment, helthcare and energy sectors will deliver above expected results in future. Therefore SUN is very well position to harness great performances and its future is very bright as a diversifed Holding.

soileconomy and judecroos like this post

16SUNSHINE HOLDINGS PLC (SUN.N0000) Empty Re: SUNSHINE HOLDINGS PLC (SUN.N0000) Sun Nov 22, 2020 7:06 am

dhanushkapg


Senior Equity Analytic
Senior Equity Analytic
@cseguide wrote:The advantage that SUN has over other conglomerates like HHL, JKH, HAYL is it does not has any exposure to the Leisure sector. We could see JKH like share heavily impacted due to its leisure sector due to Covid 19 effects. In addition to Sun has one of the largest oil palm cultivation on the island and the oil palm prices are escalating in the world market. In addition to this WATAWALA tea brand is performing very well in the retail segment becoming one of the most popular brands in the market. And its dairy segment, helthcare and energy sectors will deliver above expected results in future. Therefore SUN is very well position to harness great performances and its future is very bright as a diversifed Holding.
yes that is good diversified holding, but entering in this price is not a good thing. it's over valued now

17SUNSHINE HOLDINGS PLC (SUN.N0000) Empty Re: SUNSHINE HOLDINGS PLC (SUN.N0000) Sun Nov 22, 2020 7:06 am

dhanushkapg


Senior Equity Analytic
Senior Equity Analytic
@cseguide wrote:The advantage that SUN has over other conglomerates like HHL, JKH, HAYL is it does not has any exposure to the Leisure sector. We could see JKH like share heavily impacted due to its leisure sector due to Covid 19 effects. In addition to Sun has one of the largest oil palm cultivation on the island and the oil palm prices are escalating in the world market. In addition to this WATAWALA tea brand is performing very well in the retail segment becoming one of the most popular brands in the market. And its dairy segment, helthcare and energy sectors will deliver above expected results in future. Therefore SUN is very well position to harness great performances and its future is very bright as a diversifed Holding.
yes that is good diversified holding, but entering in this price is not a good thing. it's over valued now

18SUNSHINE HOLDINGS PLC (SUN.N0000) Empty Re: SUNSHINE HOLDINGS PLC (SUN.N0000) Sun Nov 22, 2020 1:09 pm

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics
@dhanushkapg wrote:
@cseguide wrote:The advantage that SUN has over other conglomerates like HHL, JKH, HAYL is it does not has any exposure to the Leisure sector. We could see JKH like share heavily impacted due to its leisure sector due to Covid 19 effects. In addition to Sun has one of the largest oil palm cultivation on the island and the oil palm prices are escalating in the world market. In addition to this WATAWALA tea brand is performing very well in the retail segment becoming one of the most popular brands in the market. And its dairy segment, helthcare and energy sectors will deliver above expected results in future. Therefore SUN is very well position to harness great performances and its future is very bright as a diversifed Holding.
yes that is good diversified holding, but entering in this price is not a good thing. it's over valued now
How you say this share is overvalued. It is a very much undervalued share compare to its peers.

19SUNSHINE HOLDINGS PLC (SUN.N0000) Empty Re: SUNSHINE HOLDINGS PLC (SUN.N0000) Mon Nov 23, 2020 11:46 am

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics
SUN is really shining Very Happy Very Happy

20SUNSHINE HOLDINGS PLC (SUN.N0000) Empty Re: SUNSHINE HOLDINGS PLC (SUN.N0000) Mon Nov 23, 2020 9:00 pm

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics
Today Sun RS 3.00 up. steadily moving to 100+. Just check the technicals all are perfect for a bull run. Today SUN is on the foreign buy list. Do your own study.

Sponsored content


Back to top  Message [Page 1 of 2]

Go to page : 1, 2  Next

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