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

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» McDonald’s අපේ නෙමෙයි අපේ බෝස්ගේ – අබාන්ස් කියයි
by ChooBoy Today at 10:19 am

» AI Assistance for Stock Market Research and Analysis
by ChatGPT Today at 7:12 am

» Comparative Analysis of the Insurance Sector
by God Father Tue Mar 26, 2024 11:46 pm

» Sri Lanka: Why Pay Exorbitant Taxes?
by ChatGPT Tue Mar 26, 2024 10:52 pm

» LANKA CREDIT AND BUSINESS FINANCE PLC (LCBF.N0000)
by K.R Tue Mar 26, 2024 3:15 pm

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by D.G.Dayaratne Tue Mar 26, 2024 9:11 am

» SIYAPATHA FINANACE PLC (SLFL.N0000)
by ChatGPT Tue Mar 26, 2024 7:58 am

» FINANCE AND LEASING SECTOR
by ChatGPT Mon Mar 25, 2024 6:45 am

» LOLC FINANCE PLC (LOFC.N0000)
by ChatGPT Mon Mar 25, 2024 6:36 am

» CIC HOLDINGS PLC (CIC.N0000)
by ChatGPT Mon Mar 25, 2024 6:18 am

» UNION ASSURANCE PLC (UAL.N0000)
by ChatGPT Mon Mar 25, 2024 6:15 am

» First Capital Holdings PLC: Current Financial performance and future outlook
by God Father Sun Mar 24, 2024 10:58 pm

» LankaBizz: Sri Lanka's First ever Artificially Intelligent (AI) Business and Research Assistant
by God Father Sun Mar 24, 2024 7:27 am

» HOTEL AND TRAVEL SECTOR
by ErangaDS Wed Mar 20, 2024 7:22 am

» CIC Holdings Good Times Ahead
by ashan silva Mon Mar 18, 2024 11:00 am

» EPF Fund keep eye on low P/E Shares
by K.R Mon Mar 18, 2024 8:45 am

» SINS - the Tailwind effects of a crisis hit Economy
by Hawk Eye Mon Mar 18, 2024 8:37 am

» Ceylon cold stores
by Hawk Eye Mon Mar 18, 2024 8:25 am

» Asha securities Provide buy signal for CIC
by ddrperera Fri Mar 15, 2024 1:10 am

» CSE ready for another Downtrend?
by D.G.Dayaratne Thu Mar 14, 2024 11:24 am

» LankaLAW Forum : Sri Lanka’s #1 Discussion Platform for Legal Questions and Answers
by blindhog Thu Mar 14, 2024 9:14 am

» Sri Lanka poised to benefit from demand surge for ‘non-China origin’ graphite
by samaritan Wed Mar 13, 2024 1:31 pm

» LOLC hotels
by Maharaja Tue Mar 12, 2024 2:34 pm

» AEL target price ?
by suku502 Mon Mar 11, 2024 11:26 am

» WAPO 200% UP
by LAMDA Sun Mar 10, 2024 10:33 pm

LISTED COMPANIES

Submit Post
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

Disclaimer
FINANCIAL CHRONICLE™ Disclaimer

The information contained in this FINANCIAL CHRONICLE™ have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein. FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever. Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, FINANCIAL CHRONICLE™ blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

Further the writers and users shall not induce or attempt to induce another person to trade in securities using this platform (a) by making or publishing any statement or by making any forecast that he knows to be misleading, false or deceptive; (b) by any dishonest concealment of material facts; (c) by the reckless making or publishing, dishonestly or otherwise of any statement or forecast that is misleading, false or deceptive; or (d) by recording or storing in, or by means of, any mechanical, electronic or other device, information that he knows to be false or misleading in a material particular. Any action writers and users take in respect of (a),(b),(c) and (d) above shall be their own responsibility, FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental violation of securities laws of any country, damages or loss arising out of the use of this information.


AI Live Chat

You are not connected. Please login or register

ON'ALLY HOLDINGS PLC (ONAL.N0000)

+6
econ
viper123
windi5
tj
sikka89
smallville
10 posters

Go down  Message [Page 1 of 1]

1ON'ALLY HOLDINGS PLC (ONAL.N0000) Empty ON'ALLY HOLDINGS PLC (ONAL.N0000) Thu Aug 25, 2011 9:38 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics

On'ally Holdings PLC, which owns Unity Plaza, is engaged in Property Development / Real Estate business. ONAL made a profit of Rs.37.16 million after tax for the year ended 31 March 2011 compared to Rs.34.61 million for the corresponding period in 2010. According to the Annual Report,
operating income for the year ended 31 March 2011 also increased to Rs.50.54 million when compared to Rs.43.85 million in 2010.
During the year under review (10/11) ONAL was able to achieve full occupancy at Unity Plaza which contributing to the higher turnover.
The average occupancy based on floor area was 100 % as at 31 March 2011 compared to 97.35% as at 31 March 2010.

ON'ALLY HOLDINGS PLC (ONAL.N0000) Onal10

Points extracted from financial reports;
Investment property, principally comprising freehold office building, is held for long - term rental yields and is not occupied by the Company. Investment property is carried at fair value, representing open market value determined once in three years by an independent valuer. The fair valuation is reviewed annually by the Board of Directors with the assistance of independent valuers. Significant changes in fair values are recorded in the Income statement.

As per the 31-04-11 financials The present value of investment property was incresed to Rs.942,109,111.00 and gain on revaluation of Rs.47,211,507.28 was recorded in the income statement as part of other operating income.
However, this portion has been taken off from Excel sheet above on calculating Fair Value EPS.

On year end financial report, other Income consists of miscellaneous income obtained on vehicle parking  of Rs  344,400 (2010- Rs 280,700), penalty on delayed rent of Rs 146,850 (2010 - Rs 169,872) and profit on disposal of fixed assets of Rs 20,000 (2010 - Rs 263,725).

ONAL has paid a final dividend of Rs. 1.35  per share for the year ended 31 March 2011 on 28th July 2011.

During the year the Company had disposed fully depreciated office equipment and furniture and fittings, the cost of which was Rs 373,723.
During the year investment properties were revalued (The investment properities are revalued every three years at fair value. A valuation was performed on 31 March 2011 by an independent professionally qualified valuer, W G S Gamini (AIV). Valuation was based on current prices in an active market.). The revaluation gain applicable to owner occupied property was transferred on the basis of occupancy area. The value gain on this is Rs. 47,211,507/- added to income statement.

Foreign Holding as of 31 March 2011 is 0.24% amounting to 34223 shares as per the anual report 10/11.

Major Share holders -
Urban Development Authority - 47.62%
Pan Asia Banking Corporation PLC/Ceylon
and Foreign Trades PLC - 24.28%
Mr. O Gulamhusein  - 12.24%

ON'ALLY HOLDINGS PLC (ONAL.N0000) Onal-210

Considering the number of share on the hands of public (7.93%) and its NAV of 73.42, the share is trading at about 12-13 rupees above the NAV price.

ON'ALLY HOLDINGS PLC (ONAL.N0000) Onal-t10[/url]

Look at the above break out area, share has been oscillated in this area quite a good time and broken up heading to 169 once on a surprised run (is it after capitalization announcement?) Then on a gradual process of up n down but more over heading down and suddenly fallen off to 84.50 from y'day's close of 87 but this time with a avg volume. Though the price is down the volume is coming up on satisfactory levels for the past 3-4 days.. Sometimes this can be a collection..

NOT A BUY/SELL recommendation at any cost.. Just FYI & further analysis...

2ON'ALLY HOLDINGS PLC (ONAL.N0000) Empty Re: ON'ALLY HOLDINGS PLC (ONAL.N0000) Thu Aug 25, 2011 10:45 pm

sikka89


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

this share was collected at 90's n now around 85,guys bought today & yesterday will be very lucky,this will soon be manipulated,recently 150+ with no sellers,waiting for the movement eagerly.

3ON'ALLY HOLDINGS PLC (ONAL.N0000) Empty Re: ON'ALLY HOLDINGS PLC (ONAL.N0000) Fri Aug 26, 2011 1:16 am

tj


Equity Analytic
Equity Analytic

@smallville

Thank you for the comprehensive analysis. It is a share worth considering

tj

4ON'ALLY HOLDINGS PLC (ONAL.N0000) Empty Re: ON'ALLY HOLDINGS PLC (ONAL.N0000) Fri Aug 26, 2011 5:44 pm

windi5

windi5
Moderator
Moderator

Timely posted. Seems bull run start again. Will reach 150 again?

5ON'ALLY HOLDINGS PLC (ONAL.N0000) Empty Re: ON'ALLY HOLDINGS PLC (ONAL.N0000) Sat Aug 27, 2011 9:54 pm

viper123

viper123
Manager - Equity Analytics
Manager - Equity Analytics

windi5 wrote:Timely posted. Seems bull run start again. Will reach 150 again?

For sure it will pass 100 and reach to 120

6ON'ALLY HOLDINGS PLC (ONAL.N0000) Empty Re: ON'ALLY HOLDINGS PLC (ONAL.N0000) Sun Aug 28, 2011 10:02 am

econ

econ
Global Moderator

compare to ONAL ,
csd and ctld much more attractive at the property sector. csd and ctld are trading at below book values.

7ON'ALLY HOLDINGS PLC (ONAL.N0000) Empty Re: ON'ALLY HOLDINGS PLC (ONAL.N0000) Fri Jun 12, 2015 7:20 am

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics

Really now all can enjoy with this share. It will reach 100 easily.

8ON'ALLY HOLDINGS PLC (ONAL.N0000) Empty Re: ON'ALLY HOLDINGS PLC (ONAL.N0000) Fri Jun 12, 2015 9:04 am

oops


Manager - Equity Analytics
Manager - Equity Analytics

Shocked Shocked Shocked

9ON'ALLY HOLDINGS PLC (ONAL.N0000) Empty Re: ON'ALLY HOLDINGS PLC (ONAL.N0000) Fri Jun 12, 2015 9:45 am

Beta1

Beta1
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

oops wrote:Shocked Shocked Shocked

Laughing Laughing Laughing Laughing Laughing Laughing Laughing Laughing Laughing

10ON'ALLY HOLDINGS PLC (ONAL.N0000) Empty i think now the time Fri Jun 12, 2015 7:19 pm

karuna


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

ON'ALLY HOLDINGS PLC (ONAL.N0000) Onal-t10

11ON'ALLY HOLDINGS PLC (ONAL.N0000) Empty Re: ON'ALLY HOLDINGS PLC (ONAL.N0000) Fri Jun 12, 2015 8:17 pm

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics

ONAL can reach over 100 easily and all can enjoy...!

Sponsored content



Back to top  Message [Page 1 of 1]

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