Free Lanka Capital Holdings PLC - Bright Future???

kadik · 1 Free Lanka Capital Holdings PLC - Bright Future??? Fri Aug 26, 2011 11:50 pm

kadik

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ACCOUNTS RECEIVED
ANNUAL REPORT FOR THE YEAR ENDED 31st MARCH 2011 (AUDITED)

31-03-2011 EPS 31-03-2010
Free Lanka Capital Holdings PLC 1,242,970,000 0.44 290,598,000

http://www.cse.lk/cmt/upload_cse_report_file/daily_report.pdf

what you guys thinks....

ashlee

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50 cents as divident???? Now that is too good for something trading at 4..

ninja

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ashlee wrote:50 cents as divident???? Now that is too good for something trading at 4..

From where do you get this information? The link provided above is not FLCH financials but CSE daily report. Smile

ashlee

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DIVIDEND ANNOUNCEMENTS
COMPANY DPS
(RS.)
FINAL/INTERIM SHAREHOLDER’S
MEETING
XD FROM DATE OF
PAYMENT
Hydro Power Free Lanka PLC 0.50 First & Final 19-08-2011 22-08-2011 30-08-2011

Doesnt it say divident per share is 0.50??

ranga777

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HPFL IS A SUBSIDARY OF FREE LANKA HOLDINGS ,IT TRADED AROUND 14,20-13.60 I THINK YOU ARE MISTAKEN

ashlee

ashlee

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ranga777 wrote:HPFL IS A SUBSIDARY OF FREE LANKA HOLDINGS ,IT TRADED AROUND 14,20-13.60 I THINK YOU ARE MISTAKEN

Shoot..my bad.. It is not Free Lanka Capital Holdings.. I overlooked the Hydro Power part.. Thankx Ranga for enlightning me.. Smile

cseradar

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I guess FLCH too will pay a dividend... If HPFL is paying 0.50 proportionately FLCH should pay 0.20 isn't it? (Just a guess)
What I am not sure is whether the IPO shareholders will be entitled for the dividend based on the date of issue of the shares.

Namalaka

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cseradar wrote:I guess FLCH too will pay a dividend... If HPFL is paying 0.50 proportionately FLCH should pay 0.20 isn't it? (Just a guess)
What I am not sure is whether the IPO shareholders will be entitled for the dividend based on the date of issue of the shares.

If the IPO share holders not going to be entitled, then only the PP share holders would be.. That implies even no 1 who bought from secondary market as well..
That is very unlikely..

Slstock

Slstock

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Namalaka wrote:

cseradar wrote:I guess FLCH too will pay a dividend... If HPFL is paying 0.50 proportionately FLCH should pay 0.20 isn't it? (Just a guess)
What I am not sure is whether the IPO shareholders will be entitled for the dividend based on the date of issue of the shares.

If the IPO share holders not going to be entitled, then only the PP share holders would be.. That implies even no 1 who bought from secondary market as well..
That is very unlikely..

If these is a dividend all share holder should be entitled. ( IPO and PP) . FLCH also seems to be presently effected by the market sentiments on plantation based companies.

There are more projects underway for FLCH ( leisure, hydro power, property) . If one is patient ( atleast for 1 year) holding this share for long term specially with a Nav of 4.6 might even result in a big capiital gain. Also it is worthwhile to look at management team ;-)

sajeethk

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I think since the price trading below the IPO price the board of directors will come up something to up the price... Just to keep confident of investors...

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Free Lanka Capital Holdings PLC - Bright Future???

1 Free Lanka Capital Holdings PLC - Bright Future??? Fri Aug 26, 2011 11:50 pm

kadik

2 Re: Free Lanka Capital Holdings PLC - Bright Future??? Sat Aug 27, 2011 2:21 am

ashlee

3 Re: Free Lanka Capital Holdings PLC - Bright Future??? Sat Aug 27, 2011 2:30 am

ninja

4 Re: Free Lanka Capital Holdings PLC - Bright Future??? Sat Aug 27, 2011 3:04 am

ashlee

5 Re: Free Lanka Capital Holdings PLC - Bright Future??? Sat Aug 27, 2011 3:21 am

ranga777

6 Re: Free Lanka Capital Holdings PLC - Bright Future??? Sat Aug 27, 2011 3:42 am

ashlee

7 Re: Free Lanka Capital Holdings PLC - Bright Future??? Sat Aug 27, 2011 6:51 am

cseradar

8 Re: Free Lanka Capital Holdings PLC - Bright Future??? Sat Aug 27, 2011 4:09 pm

Namalaka

9 Re: Free Lanka Capital Holdings PLC - Bright Future??? Sat Aug 27, 2011 4:17 pm

Slstock

10 Re: Free Lanka Capital Holdings PLC - Bright Future??? Sat Aug 27, 2011 5:45 pm

sajeethk

11 Re: Free Lanka Capital Holdings PLC - Bright Future???

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