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

AI CHAT

Latest topics

» Sri Lanka: Financial Sector Unsoundness Indicators - Q2 of 2023
by DeepFreakingValue Yesterday at 6:55 pm

» How will Non Performing Loans (NPL's) affect the Valuations of Banking Sector shares?
by DeepFreakingValue Yesterday at 5:34 pm

» ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000)
by Equity Win Thu Sep 28, 2023 9:55 am

» Growing interest for Port City Colombo from potential investors
by Shiranli Tue Sep 26, 2023 12:13 pm

» PROPERTY BUBBLE IS IMMINENT !
by sandamal Tue Sep 26, 2023 12:08 pm

» HOTEL AND TRAVEL SECTOR
by GOSL Tue Sep 26, 2023 10:35 am

» LOLC Group: Ready to be the Market Leaders!
by D.G.Dayaratne Mon Sep 25, 2023 6:35 pm

» TRADING SUSPENSION of NHL
by sandamal Mon Sep 25, 2023 11:10 am

» PRIME LANDS RESIDENCIES PLC (PLR.N0000)
by ashan silva Mon Sep 25, 2023 10:04 am

» LCBF Future
by ErangaDS Sun Sep 24, 2023 9:08 pm

» BUY EAST WEST
by skyfall Fri Sep 22, 2023 12:32 pm

» LAND AND PROPERTY SECTOR
by samansilva Fri Sep 22, 2023 1:36 am

» Prime Land Residencies (PLR. N0000) record phenomenal profits in 2Q2022
by rukshan1234 Thu Sep 21, 2023 10:57 pm

» PACK.NOOO will acquire another corrugated company Pending news
by atdeane Thu Sep 21, 2023 12:44 pm

» Sri Lanka: Movement of Treasury Bill Rates during 2023
by God Father Tue Sep 19, 2023 3:07 pm

» Good news for JAT Holdings- Agreement with China Harbour Engineering Company Ltd
by Anushka Perz Mon Sep 18, 2023 10:09 am

» එන සතියේ ලාභයක් ගන්න හොදයි කියලා හිතෙන කොටස් මොනවද?
by Walbaba Sun Sep 17, 2023 11:37 pm

» Sedora: The AI Assistant for the Colombo Stock Market
by Walbaba Sun Sep 17, 2023 11:31 pm

» Millennial Capital Youtube Channel
by MillennialC Sat Sep 16, 2023 9:46 pm

» EAST WEST PROPERTIES PLC
by soileconomy Sat Sep 16, 2023 7:24 am

LISTED COMPANIES

Submit Post
Poll

US$ EXCHANGE RATE PREDICTION 2023

Banks, finance com.. and JKH Vote_lcap9%Banks, finance com.. and JKH Vote_rcap 9% [ 26 ]
Banks, finance com.. and JKH Vote_lcap8%Banks, finance com.. and JKH Vote_rcap 8% [ 24 ]
Banks, finance com.. and JKH Vote_lcap16%Banks, finance com.. and JKH Vote_rcap 16% [ 47 ]
Banks, finance com.. and JKH Vote_lcap18%Banks, finance com.. and JKH Vote_rcap 18% [ 51 ]
Banks, finance com.. and JKH Vote_lcap16%Banks, finance com.. and JKH Vote_rcap 16% [ 47 ]
Banks, finance com.. and JKH Vote_lcap25%Banks, finance com.. and JKH Vote_rcap 25% [ 72 ]
Banks, finance com.. and JKH Vote_lcap7%Banks, finance com.. and JKH Vote_rcap 7% [ 19 ]

Total Votes : 286

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube


You are not connected. Please login or register

Banks, finance com.. and JKH

4 posters

Go down  Message [Page 1 of 1]

1Banks, finance com.. and JKH Empty Banks, finance com.. and JKH Fri Jul 28, 2023 3:17 am

celtic tiger


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Last bull run led by EXPO, LOLC related company and tile ceramic sector and lately by LIOC. This time it has to be Banks Finance and JKH. IF banks report good earnings this and next quarter , falling interest rates will activate the real bull market. Relaxation of vehicle import will help finance companies by end of the year and casino operation ,tourism, ports all good news yet to come for JKH...and.last of all ...FORTUNE FEVER THE BRAVE.

2Banks, finance com.. and JKH Empty Re: Banks, finance com.. and JKH Sat Jul 29, 2023 2:35 am

ResearchMan

ResearchMan
Manager - Equity Analytics
Manager - Equity Analytics

By buying a single company at dirt cheap when others are selling I got an opportunity to get exposure to banking(one Major shareholder of DFCC,COMB) food,hotels and diversified sector.Apart from their core business, they also do  portfolio management. One thing volatility  cannot be ruled out for any sector. 

3Banks, finance com.. and JKH Empty Re: Banks, finance com.. and JKH Sat Jul 29, 2023 8:14 am

Amarapala


Stock Analytic
Stock Analytic

Hi ResearchMan, can you please share the name of the company? Thanks

4Banks, finance com.. and JKH Empty Re: Banks, finance com.. and JKH Sat Jul 29, 2023 12:50 pm

God Father


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

ResearchMan wrote:
By buying a single company at dirt cheap when others are selling I got an opportunity to get exposure to banking(one Major shareholder of DFCC,COMB) food,hotels and diversified sector.Apart from their core business, they also do  portfolio management. One thing volatility  cannot be ruled out for any sector. 

Melstar is a Star, High taxes and excise duty is a concern.

ResearchMan likes this post

5Banks, finance com.. and JKH Empty Re: Banks, finance com.. and JKH Sat Jul 29, 2023 2:58 pm

ResearchMan

ResearchMan
Manager - Equity Analytics
Manager - Equity Analytics

Amarapala wrote:Hi ResearchMan, can you please share the name of the company? Thanks
Infact. It is a hotel. RCH(Renuka Hotel). Liquidity is low. After estimating its real value and seeing rock balance sheet I didn’t hesitate to take  positions gradually  when others are selling. It made a loss during last quarter.  Resuls of June quarter also may be not as good as corresponding period 30/06/22(30.87). However, right now and going forward  they are in a better position thanks to portfolio gain, high interest income and tourism. Who knows we may get another opportunity to buy at low levels.  

https://www.ft.lk/front-page/Renuka-Hotels-sells-1-35-Aitken-Spence-stake-for-Rs-825-m/44-739356
 
The stake amounting to 5.48 million shares was done at Rs. 150 each. Overall Aitken Spence saw 6.36 million of its shares change hands via 343 trades for Rs. 950 million. It closed up Rs. 18.25 or 14% to Rs. 148.75. Spence made the biggest contribution (33 points) to the upward movement of the All Share Price Index which shot up by 206 points or 2.3%. The deal also accounted for the highest turnover.

God Father and Amarapala like this post

6Banks, finance com.. and JKH Empty Re: Banks, finance com.. and JKH Sat Jul 29, 2023 7:01 pm

Amarapala


Stock Analytic
Stock Analytic

Thank you very much ResearchMan for the detailed reply and insights provided

7Banks, finance com.. and JKH Empty Re: Banks, finance com.. and JKH Wed Aug 02, 2023 1:59 pm

celtic tiger


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Ubc quarter result shows some positive direction for banks in this quarter.

8Banks, finance com.. and JKH Empty Re: Banks, finance com.. and JKH Mon Aug 07, 2023 1:36 pm

celtic tiger


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

PABC conformed the earnings for banks and JKH run con..even with poor earnings.

Sponsored content



Back to top  Message [Page 1 of 1]

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