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

SUNSHINE HOLDINGS PLC (SUN.N0000)

+21
Wickyz
ColomboCSE
keen
Vishwanarth
bizniz
Harry82
ErangaDS
Kipling
spksd
RJ1010
100Bill
xpmurali
M S L DIAS
AmateurTrader001
dhanushkapg
cseguide
Bond
gayannadeeka
xhora
ssb
Quibit
25 posters

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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.

21SUNSHINE HOLDINGS PLC (SUN.N0000) Empty Re: SUNSHINE HOLDINGS PLC (SUN.N0000) Tue Nov 24, 2020 2:27 pm

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics
74 broken with big volume next 75. Today game changing day

geesura likes this post

22SUNSHINE HOLDINGS PLC (SUN.N0000) Empty Re: SUNSHINE HOLDINGS PLC (SUN.N0000) Tue Nov 24, 2020 7:04 pm

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics
SUN is ready to start its new run from 74 to 80 tomorrow.

geesura likes this post

23SUNSHINE HOLDINGS PLC (SUN.N0000) Empty Re: SUNSHINE HOLDINGS PLC (SUN.N0000) Sun Dec 06, 2020 10:07 pm

AmateurTrader001


Senior Equity Analytic
Senior Equity Analytic
collection onoing... can we expect a spike soon?

24SUNSHINE HOLDINGS PLC (SUN.N0000) Empty Re: SUNSHINE HOLDINGS PLC (SUN.N0000) Tue Dec 08, 2020 12:52 pm

M S L DIAS


Equity Analytic
Equity Analytic
Good collection going on

25SUNSHINE HOLDINGS PLC (SUN.N0000) Empty Re: SUNSHINE HOLDINGS PLC (SUN.N0000) Mon Dec 14, 2020 3:20 pm

xpmurali


Stock Analytic
Stock Analytic
80.00    679,081

Whats happening with SUN.N? any news? There was huge collections at 80 today

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