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

» Lets try to understand what is happening in the market right now
by celtic tiger Today at 1:56 am

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by Gowri123 Today at 12:05 am

» Anyone attended AGM?
by Vishwanarth Yesterday at 11:17 pm

» Is ASPI Overvalued now or heavily undervalued ?
by EquityChamp Yesterday at 11:12 pm

» A Strong bounce back of ASI is on the cards
by samaritan Yesterday at 6:17 pm

» Prominent Investors of the colombo stock market
by samaritan Yesterday at 6:06 pm

» DIPD/HAYC/HAYL
by Eranga87 Yesterday at 5:55 pm

» ACL post share split trading and the future potential
by sheildskye Yesterday at 3:27 pm

» Current 2021 Februray Unit Trust/Unit Fund Per Annum percentages
by N W Yesterday at 2:44 pm

» WindForce (WIND) IPO Overview
by EquityChamp Yesterday at 10:09 am

» Norway -> biggest shareholder of NDB
by shihan 93 Yesterday at 9:56 am

» GLAS will be winner with Super Gain.
by Promoney Sat Mar 06, 2021 3:41 pm

» Many positives for Next week
by Vishwanarth Sat Mar 06, 2021 12:29 pm

» Maldives records over 100,000 tourist arrivals in first 35 days of the year
by samaritan Sat Mar 06, 2021 9:59 am

» Kind of behavior traders engage in when they are frustrated and want their money back from the market. Stock market for beginners
by lal62 Sat Mar 06, 2021 7:40 am

» EXPO EXPO EXPO
by Gowri123 Sat Mar 06, 2021 12:35 am

» still I believe this
by 100Bill Fri Mar 05, 2021 9:21 pm

» SUNSHINE HOLDINGS PLC (SUN.N0000)
by ErangaDS Fri Mar 05, 2021 8:19 pm

» Investor sentiment - will there ever be a recovery?
by xhunter Fri Mar 05, 2021 7:49 pm

» Let's have a stop-loss strategy to maximize investment returns in stock market
by EquityChamp Fri Mar 05, 2021 7:19 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™ » RAL. N (RENUKA AGRI FOODS PLC)

RAL. N (RENUKA AGRI FOODS PLC)

Go down  Message [Page 1 of 1]

1RAL. N (RENUKA AGRI FOODS PLC) Empty RAL. N (RENUKA AGRI FOODS PLC) Wed Dec 09, 2020 8:27 pm

Basu


Equity Analytic
Equity Analytic
Hi guess,

Please comment

2RAL. N (RENUKA AGRI FOODS PLC) Empty Re: RAL. N (RENUKA AGRI FOODS PLC) Wed Dec 09, 2020 9:04 pm

RJ1010


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Please use below thread to post your questions, comments and refer to past posts on that thread. I have seen you created 3 separate threads just to ask for comments on RAL. Please be mindful not to clutter the forum with duplicate threads for each company. Cheers.
Refer below thread and post the question.
https://www.srilankachronicle.com/t56251p220-renuka-agri-foods-plc-ral-n0000#380563

dayandacool likes this post

3RAL. N (RENUKA AGRI FOODS PLC) Empty Re: RAL. N (RENUKA AGRI FOODS PLC) Thu Dec 10, 2020 12:47 am

fireshelter

fireshelter
Associate Director - Equity Analytics
Associate Director - Equity Analytics
[size=33]Renuka Holdings to raise Rs. 1 b via Rights Issue on CSE digital platform[/size]



Wednesday, 9 December 2020 00:21 -      - 569

[size=11]Facebook
TwitterMore11
[/size]


  • Hopes to strengthen balance sheet and make further investments with further infusion of equity

  • Rights Issue comes hot on the heels of its subsidiary, Renuka Capital, making substantial gain on disposal of its investment in On’ally Holdings






RAL. N (RENUKA AGRI FOODS PLC) Image_72c37f6cef
Renuka Holding PLC Managing Director S.V.Rajiyah


 
RAL. N (RENUKA AGRI FOODS PLC) Image_226de63a0d
Galle Face Icon 



Renuka Holdings PLC (RHL) has announced plans to raise Rs. 1.031 billion via a Rights Issue closing on 16 December to carry out debt settlements and to fund future investments into Group subsidiaries,

according to a circular issued to its shareholders.

According to the circular, the new Ordinary Voting Shares will be issued at a price of Rs. 14 amounting to Rs. 93,486,356. The new Ordinary Non-Voting Shares will be issued at a price of Rs. 10 amounting to Rs. 96,426,220. 

The total proceeds expected to be raised through the Rights Issue is Rs. 103,128,978. 

Renuka Holdings PLC ordinary share price closed as at 7 December as at Rs. 15.10 and its net asset value per share as at 30 September was Rs. 62.87.

For the six months ended 30 September 2020, the organisation recorded a turnover of Rs. 4.2 billion, a net profit of Rs. 208 million and equity attributable to shareholders of Rs. 6.4 billion.  

The group consists of two main verticals – Food and Beverage, and Property and Investment. Renuka Holdings’ interest in this sector is owned through Renuka Foods PLC, which consists of: Agribusiness – Renuka Agri Foods PLC and Renuka Agri Organics Ltd., Sri Lanka’s leading coconut-based food and beverage manufacturers, Renuka Teas Ceylon Ltd. – a speciality organic and superfood tea enterprise and Kandy Plantations Ltd., Sri Lanka’s largest owner of organic certified coconut lands. 

The FMCG business is led by Richlife Dairies Ltd., which is within the top five dairy companies, and Shaw Wallace Ceylon, the owner of the leading brands of canned fish, snacks, among other brands.  

In the Property and Investment sector, the ongoing construction of its flagship development ‘Galle Face Icon’ is progressing well with all piling work complete and excavation ongoing by Sanken. The construction will be above ground by April 2021. 

Once completed it will be a 32-storey tower situated in the Galle Face District of Colombo 3, consisting of a total construction area of 450,000 sq ft, with vistas over Galle Face Green and the new Port City. The group also draws income from the operating Baseline Business Centre and other group lands. 

On the investment side, the Group set up a dedicated listed entity in 2016, Renuka Capital PLC, which just sold its maiden significant investment in On’ally Holdings PLC (Unity Plaza) at more than triple its original investment cost.        

The Rights Issue is being carried out on a digital platform in light of the impact of COVID on the postal services, since there is a practical difficulty in dispatching the Provisional Letter of Allotment to the shareholders of the company within the stipulated time frame

4RAL. N (RENUKA AGRI FOODS PLC) Empty Re: RAL. N (RENUKA AGRI FOODS PLC) Thu Dec 10, 2020 12:49 am

fireshelter

fireshelter
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Coming days  alien alien alien alien alien

5RAL. N (RENUKA AGRI FOODS PLC) Empty Re: RAL. N (RENUKA AGRI FOODS PLC) Thu Dec 10, 2020 10:30 am

seany


Stock Analytic
Stock Analytic
@fireshelter wrote:Coming days  alien alien alien
fireshelter doing a hell of a job promoting renuka group!! Rolling Eyes Twisted Evil Twisted Evil

geesura likes this post

6RAL. N (RENUKA AGRI FOODS PLC) Empty Re: RAL. N (RENUKA AGRI FOODS PLC) Thu Dec 10, 2020 12:17 pm

fireshelter

fireshelter
Associate Director - Equity Analytics
Associate Director - Equity Analytics
No need promotion Value shares

7RAL. N (RENUKA AGRI FOODS PLC) Empty Re: RAL. N (RENUKA AGRI FOODS PLC) Thu Dec 10, 2020 12:34 pm

Kanishka_2020


Manager - Equity Analytics
Manager - Equity Analytics
@fireshelter wrote:No need promotion Value shares

What do you think those rights trading now? (RHL.R)
Will it go down or up?

Any ideas  Exclamation Exclamation

8RAL. N (RENUKA AGRI FOODS PLC) Empty Re: RAL. N (RENUKA AGRI FOODS PLC) Thu Dec 10, 2020 2:51 pm

Wickyz


Manager - Equity Analytics
Manager - Equity Analytics
@Kanishka_2020 wrote:
@fireshelter wrote:No need promotion Value shares

What do you think those rights trading now? (RHL.R)
Will it go down or up?

Any ideas  Exclamation Exclamation
down

9RAL. N (RENUKA AGRI FOODS PLC) Empty Re: RAL. N (RENUKA AGRI FOODS PLC) Thu Dec 10, 2020 6:08 pm

shakthi1974


Senior Equity Analytic
Senior Equity Analytic
What effect does the RI has on RAL??
Also RAL is hovering on 4.70-4.90 for few months now, even though market is up by good 300-400 points, would like to have experts opinion on this please.

I'm sure this is a very good counter with potential to grow quickly and with all the favorable Economic factors!!

10RAL. N (RENUKA AGRI FOODS PLC) Empty RAL. N (RENUKA AGRI FOODS PLC) Thu Dec 10, 2020 11:18 pm

Basu


Equity Analytic
Equity Analytic
@shakthi1974 wrote:What effect does the RI has on RAL??
Also RAL is hovering on 4.70-4.90 for few months now, even though market is up by good 300-400 points, would like to have experts opinion on this please.

I'm sure this is a very good counter with potential to grow quickly and with all the favorable Economic factors!!
Yep. I don't know what is the reason for stable this share around Rs 4.90.So many people told it may be gone Rs 6.
I do not know what we do. Buy or sell. I have confused with this share.

Sponsored content


Back to top  Message [Page 1 of 1]

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