SUNSHINE HOLDINGS PLC (SUN.N0000)

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

Quibit

Senior Vice President - Equity Analytics

Posts : 2632
Equity Stars : 10054
Reputation : 379
Join date : 2010-05-08

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

ssb · 2 Sunshine Holdingns is it worth? Mon May 23, 2011 6:54 am

ssb

Manager - Equity Analytics

Posts : 228
Equity Stars : 3900
Reputation : 10
Join date : 2011-04-07
Age : 35

SUNSHINE HOLDING
seems got low value these days .....
any comment on this friends Smile

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

ssb

Manager - Equity Analytics

Posts : 228
Equity Stars : 3900
Reputation : 10
Join date : 2011-04-07
Age : 35

bump me brothers

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

ssb

Manager - Equity Analytics

Posts : 228
Equity Stars : 3900
Reputation : 10
Join date : 2011-04-07
Age : 35

hmm seems no one is interested cyclops

what it mean ????

bad bad stock or good stock that hidden

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

xhora

Senior Manager - Equity Analytics

Posts : 497
Equity Stars : 4234
Reputation : 70
Join date : 2011-04-24
Age : 32
Location : Colombo

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

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

ssb

Manager - Equity Analytics

Posts : 228
Equity Stars : 3900
Reputation : 10
Join date : 2011-04-07
Age : 35

@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

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

xhora

Senior Manager - Equity Analytics

Posts : 497
Equity Stars : 4234
Reputation : 70
Join date : 2011-04-24
Age : 32
Location : Colombo

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?

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

ssb

Manager - Equity Analytics

Posts : 228
Equity Stars : 3900
Reputation : 10
Join date : 2011-04-07
Age : 35

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

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

gayannadeeka

Manager - Equity Analytics

Posts : 110
Equity Stars : 3773
Reputation : 6
Join date : 2011-03-24
Age : 37
Location : Colombo

Good share to hold

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

ssb

Manager - Equity Analytics

Posts : 228
Equity Stars : 3900
Reputation : 10
Join date : 2011-04-07
Age : 35

rally begun bounce

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

ssb

Manager - Equity Analytics

Posts : 228
Equity Stars : 3900
Reputation : 10
Join date : 2011-04-07
Age : 35

sinking now Sad

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

Bond

Manager - Equity Analytics

Posts : 274
Equity Stars : 3178
Reputation : 12
Join date : 2013-05-02

@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.

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

cseguide

Vice President - Equity Analytics

Posts : 1105
Equity Stars : 4932
Reputation : 49
Join date : 2011-04-20

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 !! .

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

cseguide

Vice President - Equity Analytics

Posts : 1105
Equity Stars : 4932
Reputation : 49
Join date : 2011-04-20

(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

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

cseguide

Vice President - Equity Analytics

Posts : 1105
Equity Stars : 4932
Reputation : 49
Join date : 2011-04-20

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.

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

dhanushkapg

Senior Equity Analytic

Posts : 72
Equity Stars : 3627
Reputation : 3
Join date : 2011-06-08

@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

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

dhanushkapg

Senior Equity Analytic

Posts : 72
Equity Stars : 3627
Reputation : 3
Join date : 2011-06-08

@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

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

cseguide

Vice President - Equity Analytics

Posts : 1105
Equity Stars : 4932
Reputation : 49
Join date : 2011-04-20

@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.

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

cseguide

Vice President - Equity Analytics

Posts : 1105
Equity Stars : 4932
Reputation : 49
Join date : 2011-04-20

SUN is really shining Very Happy

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

cseguide

Vice President - Equity Analytics

Posts : 1105
Equity Stars : 4932
Reputation : 49
Join date : 2011-04-20

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

Latest topics

SUNSHINE HOLDINGS PLC (SUN.N0000)

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

Quibit

2 Sunshine Holdingns is it worth? Mon May 23, 2011 6:54 am

ssb

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

ssb

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

ssb

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

xhora

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

ssb

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

xhora

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

ssb

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

gayannadeeka

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

ssb

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

ssb

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

Bond

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

cseguide

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

cseguide

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

cseguide

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

dhanushkapg

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

dhanushkapg

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

cseguide

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

cseguide

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

cseguide

21 Re: SUNSHINE HOLDINGS PLC (SUN.N0000)

Sponsored content