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Weekly Review by Asia Securities Research 21 March 2014
Market Statistics
Major Price Movements
21-Mar 14-Mar % Chg.
All Share Index 5,937.87 5,896.23 0.7 S & P 3,246.02 3,207.11 1.2 Banking & Finance 13,307.72 13,084.26 1.7 Food & Beverage 19,493.49 19,550.69 -0.3 Diversified 1,746.68 1,736.76 0.6 Hotels & Travels 3,146.42 3,157.58 -0.4 Telecommunication 172.08 171.78 0.2 Manufacturing 2,861.81 2,852.76 0.3 Market Capitalisation (LKR bn) 2,480.70 2,462.60 0.7 (USD bn) 18.98 18.83 0.8 Turnover (LKR mn) 1,755.50 2,104.60 -16.6 (USD mn) 13.43 16.10 -16.6 Average Daily Turnover (LKR mn) 351.10 420.90 -16.6 Volume (mn shares) 68.40 94.20 -27.4 Foreign Purchases (LKR mn) 627.80 892.00 -29.6 Foreign Sales (LKR mn) 919.10 706.30 30.1
In This Issue;
Despite the benchmark index edging up, activity levels
continue to dry up
Despite the benchmark index ending with a WoW gain,
activities at the Colombo bourse continued to dry u… Pg 02
Colombo Bourse’s Billion Rupee Club
Table below shows the members who have qualified to be a
part of ‘Asia Securities Research’s Billion Rupee Club’.
Pg 03
Analysis of Various Warrants Listed on CSE Pg 04
Commodity Prices Pg 05
Interest rates could dip further…
Monetary authorities held policy rates at current levels in spite
of the growing volume of savings, low inflation
Pg07
Company Price +/-LKR +/- %
Pc House 0.4 0.1 33.3
The Good Hope 1500 281.1 23.1
Multi Finance 17.5 2.8 19.0
Ramboda Falls Plc 14.5 2 16.0
Chilaw Finance 20.9 2.4 13.0
Office Equipment 1990 -210 -9.5
Mahaweli Reach Hotels 14.9 -1.7 -10.2
Pch Holdings 0.8 -0.1 -11.1
J L Morison Sons & Jones 278 -37 -11.7
George Steuart Finance 108 -22 -16.9
ASI Daily Closing
Company Volume
Dialog Axiata 5,093,255
Asia Asset Finance 4,325,579
Smb Leasing Plc 3,769,927
Expolanka Holdings 3,354,481
John Keells Holdings 3,216,502
Blue Diamonds 2,767,085
Pch Holdings 2,502,137
Free Lanka Capital Holdings 2,450,623
Renuka Agri Foods 1,719,621
Textured Jersey Lanka 1,666,996
Major Price Movements
Volu
me
12
0
100
200
300
400
500
600
700
800
900
5,860
5,880
5,900
5,920
5,940
5,960
5,980
4-
Mar
5-
Mar
6-
Mar
7-
Mar
10-
Mar
11-
Mar
12-
Mar
13-
Mar
14-
Mar
17-
Mar
18-
Mar
19-
Mar
20-
Mar
21-
Mar
Turnover ASI closing
(LKR mn)(ASI)
Large Trades
Weekly Review by Asia SecuritiesResearch 21 March 2014
2
A member of Asia Capital Group
Despite the benchmark index edging up, activity levels continue to dry up
The Colombo bourse edged up to close with a WoW gain amidst price gains witnessed on few index heavy weights. The
ASI gained 41.6 points WoW to close at 5,937.9 points (+0.7%), whilst the S&P SL20 Index gained 38.9 points WoW to
close at 3,246.0 points (+1.2%). Indices advanced mainly on the back of gained made by Commercial Bank (+4.7%
WoW), Carson Cumberbatch (+3.4% WoW), The Good Hope (+23.1% WoW), Hatton National Bank (+4.0% WoW)
and Bukit Darah (+2.4% WoW).
Despite the benchmark index ending with a WoW gain, activities at the Colombo bourse continued to dry up further.
Cumulative turnover for the week dipped c.17.0% whilst cumulative volumes also dipped 27.4% on a WoW basis. The
week witnessed just a single crossing where 45,900 shares of Bukit Darah changed hand at LKR 550 on Tuesday. In
addition, foreign buying weakened with a c.30.0% WoW reduction, resulting in a net out flow of LK 291.3mn by the end of
the week.
John Keells Holdings that recorded the highest turnover for the week contributed c.40.0% to the weekly turnover tally,
with the support of high net worth and institutional participation that triggered few block trades on the normal board.
Meanwhile investor interest was prominent on the Bank, Finance and Insurance sector where banks such as Commercial
Bank and Sampath Bank were able to record considerable turnovers, to be in the top turnover’s list.
Amongst the highest volume traded stocks during the week were Dialog Axiata, Asia Asset Finance, SMB Leasing and
Expolanka that witnessed significant retail buying along with few high net worth interest.
The week saw foreign purchases amounting to LKR 627.8mn whilst foreign sales amounted to LKR 919.1mn. Market
capitalisation stood at LKR 2,480.7bn and the YTD performance is 0.4%.
Weekly Review by Asia Securities Research 21 March 2014
3 A member of Asia Capital Group
Table below shows the members who have qualified to be a part of ‘Asia Securities Research’s Billion Rupee Club’. The
eligibility criteria lie with their earnings reaching LKR1 bn mark. The list will be refreshed on a quarterly basis identifying
the new qualifying members whilst eliminating the disqualifying.
Company Code Price ROE BVPS Net Profit Trailing
EPS
Trailing PE PBV Mkt Cap Mn
JOHN KEELLS HOLDINGS JKH N 218.10 10.34% 119.84 12,273.31 12.39 17.6 1.8 217,852.94
COMMERCIAL BANK [V] COMBN 119.90 17.19% 72.34 10,562.28 12.43 9.6 1.7 91,410.31
COMMERCIAL BANK [NV] COMBX 97.00 17.19% 72.34 10,562.28 12.43 7.8 1.3 5,236.15
CEYLON TOBACCO CTC N 1090.00 211.77% 23.04 9,140.00 48.79 22.3 47.3 209,802.60
HNB [V] HNB N 157.50 13.29% 143.86 7,650.42 19.12 8.2 1.1 48,879.25
HNB [NV] HNB X 127.00 13.29% 143.86 7,650.42 19.12 6.6 0.9 10,122.07
DISTILLERIES DISTN 201.00 11.33% 172.16 5,850.80 19.50 10.3 1.2 59,760.00
SRI LANKA TELECOM SLTLN 44.60 9.04% 33.13 5,403.00 2.99 14.9 1.3 79,413.84
DIALOG TELEKOM DIALN 9.10 13.09% 4.88 5,201.03 0.64 14.2 1.9 73,294.01
LANKA IOC LIOCN 38.30 29.52% 31.15 4,896.45 9.19 4.2 1.2 20,236.14
SAMPATH BANK SAMPN 179.80 11.48% 188.71 3,634.96 21.66 8.3 1.0 30,024.58
AITKEN SPENCE SPENN 98.00 11.67% 73.89 3,499.77 8.62 11.4 1.3 39,787.61
PEOPLE’S LEASING PLC N 14.20 17.83% 11.76 3,311.00 2.10 6.8 1.2 22,592.03
NESTLE LANKA NESTN 1995.00 78.39% 78.47 3,304.74 61.51 32.4 25.4 102,078.38
DFCC BANK DFCCN 142.00 8.86% 136.42 3,205.99 12.09 11.7 1.0 37,643.87
CARSON CUMBERBATCH CARSN 352.00 10.60% 153.52 3,195.24 16.27 21.6 2.3 67,753.49
CENTRAL FINANCE CFINN 189.00 16.56% 181.61 3,153.93 30.07 6.3 1.0 19,927.83
ACCESS ENGINEERING LIMITED AEL N 22.00 20.06% 14.07 2,822.23 2.82 7.8 1.6 21,800.00
NDB NDB N 179.00 10.78% 148.70 2,641.92 16.03 11.2 1.2 29,656.32
OVERSEAS REALTY OSEAN 20.20 10.81% 28.66 2,612.95 3.10 6.5 0.7 17,291.43
CEYLINCO INSURANCE [V] CINSN 1390.00 14.62% 892.44 2,609.08 130.45 10.7 1.6 28,998.00
CHEVRON LUBRICANTS LLUBN 265.50 52.31% 40.33 2,531.90 21.10 12.6 6.6 32,268.00
ASIAN HOTEL & PROPERTIES AHPLN 58.00 11.44% 48.56 2,459.79 5.56 10.4 1.2 25,680.97
SEYLAN BANK [V] SEYBN 61.50 10.27% 65.69 2,326.15 13.22 4.7 0.9 10,558.64
SEYLAN BANK [NV] SEYBX 36.50 10.27% 65.69 2,326.15 13.77 2.7 0.6 6,252.37
TOKYO CEMENT [V] TKYON 35.00 25.19% 25.78 2,169.76 9.74 3.6 1.4 7,662.60
TOKYO CEMENT [NV] TKYOX 29.10 25.19% 25.78 2,169.76 19.48 1.5 1.1 3,118.50
CEYLON GUARDIAN GUARN 180.00 15.33% 170.22 2,142.05 26.09 6.9 1.1 14,777.41
NATIONS TRUST BANK NTB N 64.10 19.80% 46.79 2,136.40 9.26 6.9 1.4 14,643.56
AIT. SPENCE HOTEL HOLD. AHUNN 71.00 14.76% 41.60 2,065.08 6.14 11.6 1.7 23,910.22
HEMAS HOLDINGS HHL N 38.00 15.77% 25.39 2,063.41 4.00 9.5 1.5 19,529.51
BUKIT DARAH BUKIN 563.00 7.63% 264.85 2,061.39 20.21 27.9 2.1 56,610.00
LOLC LOLCN 75.00 10.05% 42.01 2,006.78 4.22 17.8 1.8 35,640.00
CEYLON COLD STORES CCS N 141.00 21.31% 98.53 1,995.48 21.00 6.7 1.4 13,942.37
UNITED MOTORS UML N 123.10 24.29% 119.96 1,959.95 29.14 4.2 1.0 8,273.85
HAYLEYS HAYLN 288.00 7.43% 307.94 1,716.45 22.89 12.6 0.9 21,600.00
LAUGFS GAS LGL N 32.10 22.83% 18.50 1,634.59 4.22 7.6 1.7 10,552.50
LAUGFS GAS [NV] LGL X 25.80 22.82% 18.50 1,634.26 4.22 6.1 1.4 1,289.60
EXPOLANKA HOLDINGS EXPON 8.80 15.98% 5.19 1,622.37 0.83 10.6 1.7 17,007.76
CEYLON INVESTMENT CINVN 77.20 16.48% 83.80 1,360.42 13.81 5.6 0.9 7,388.62
JOHN KEELLS HOTELS KHL N 12.50 7.82% 11.77 1,339.87 0.92 13.6 1.1 17,619.38
RICHARD PIERIS RICHN 6.50 15.08% 4.30 1,286.93 0.65 10.0 1.5 13,092.67
LB FINANCE LFINN 100.30 22.17% 82.40 1,265.19 18.27 5.5 1.2 6,994.97
LION BREWERY LIONN 390.00 18.05% 81.73 1,180.35 14.75 26.4 4.8 31,520.00
BROWNS BRWNN 89.00 8.17% 197.59 1,144.36 16.15 5.5 0.5 6,166.13
LEE HEDGES SHAWN 254.00 33.98% 651.86 1,134.26 221.51 1.1 0.4 1,300.62
C T HOLDINGS CTHRN 140.00 6.89% 89.58 1,129.40 6.17 22.7 1.6 24,644.89
TEXTURED JERSEY TJL N 15.80 17.86% 9.64 1,127.91 1.72 9.2 1.6 10,218.04
UNION ASSURANCE UAL N 103.00 21.95% 59.70 1,123.44 13.11 7.9 1.7 8,828.57
VALLIBEL ONE LIMITED VONEN 16.80 3.45% 28.41 1,066.27 0.98 17.1 0.6 18,145.54
COMMERCIAL LEASING &
FINANCE
CLC N 3.80 11.70% 1.35 1,005.00 0.16 24.1 2.8 24,235.30
JANASHAKTHI JINSN 14.00 22.09% 12.48 1,000.47 2.76 5.1 1.1 4,973.10
ROE: Trailing 4 quarters return on equity Trailing EPS: Trailing 4 quarters earnings per share
BVPS: Most recent quarter book value per share Trailing PE: Trailing 4 quarters price to earnings ratio
Net Profit: Trailing 4 quarters net profit PBV: Price to book ratio based on most recent quarter book value
Colombo Bourse’s Billion Rupee Club
Weekly Review by Asia Securities Research 21 March 2014
4 A member of Asia Capital Group
The below table depicts a comparison of the warrants trading price with its intrinsic value (derived through the Black
Scholes Call option valuation method). The 6th column to the right depicts the difference between the intrinsic value and
the traded price. Hence, the positive figures would explain the potential for the respective warrant to further appreciate.
(Price to be constant). However, it is noted that the intrinsic value is derived based on the current value of the underlying
stock price, its volatility, period to maturity and the risk free rate. Hence, any adverse movement of the mentioned
assumptions would have an adverse impact on the warrant value, and any favourable movement would positively impact
the warrant value (E.g.: if in case the asset price appreciates from the existing, it would invariably increase the value of the
warrant.Thus, the negative value would denote that the warrant is overvalued at the current price (assuming the underlying
stock.)
Exercise
price
Share Price
(2014/03/21)Expiry Date
Warrant Price
(2014/03/21)
Price According to
Black Scholes model
(Intrinsic value)
Undervalued/
(Overvalued)
CLPL-W-0013 118.00 58.00 25-Aug-14 0.40 0.00 (0.40)
CLPL-W-0014 142.00 58.00 25-Aug-15 1.10 0.00 (1.10)
GREG-W-0006 39.00 13.00 24-Feb-15 0.50 0.00 (0.50)
REEF-W-0019 40.00 16.10 15-Jun-15 1.20 0.00 (1.20)
JKH-W-0022 185.00 218.10 28-Sep-15 63.50 71.90 8.40
JKH-W-0023 195.00 218.10 27-Sep-16 66.40 85.70 19.30
Analysis of Warrants Listed on the CSE
Weekly Review by Asia Securities Research 21 March 2014
5 A member of Asia Capital Group
Date as at 28.02.14 07.03.14 14.03.14 21.03.14 WoW %
change
Brent Crude Oil
(USD/barrel)
108.8 108.4 107.4 106.1 -1.1
METALS
Gold (USD/ounce) 1,332.3 1,350.2 1,369.5 1,341.0 -2.1
Copper LME (USD/ton) 7,025.0 7,050.0 6,415.0 6,430.0 0.2
AGRI
Date as at 26.02.14 05.03.14 12.03.14 19.03.14 WoW %
change
Tea LKR/Kg 510.99 484.87 491.44 491.99 0.1
Date as at 27.02.14 06.03.14 13.03.14 20.03.14 WoW %
change
Rubber (RSS 1) LKR /Kg 305.00 295.00 295.00 310.00 5.1
Exchange Rates (LKR) 28.02.14 07.03.14 14.03.14 21.03.14 WoW %
change
USD 131.10 130.55 130.70 130.60 -0.1
EURO 179.61 180.90 181.01 179.93 -0.6
STG (GBP) 218.67 218.50 217.12 215.67 -0.7
YEN 1.29 1.27 1.29 1.28 -0.8
YUAN (CNY) 21.27 21.35 21.25 20.99 -1.2
Oil
Crude oil prices witnessed a WoW drop, in the wake of strengthening USD and rise in US stockpile which continued for
the ninth week. US crude inventories rose by 5.9mn barrels to 375.9mn barrels, the highest since November 2013. Lower
than expected US jobless claims together with Fed’s decision to tighten bond buying by further USD10bn strengthened the
USD and reduced crude’s investment appeal. However, the price slightly gained on Thursday and partly pared the losses
as US expanded sanction on 20 more prominent Russians.
Gold
Gold price which climbed to its 6 month high during the previous week plunged during this week to USD1,332/ounce, as
USD firmed after Fed’s hint on possible interest rate hike during first half of 2015. Further, downward pressure was
witnessed on expectation that demand for gold from China could dampen led by a weak Yuan. However, the drop was
restricted due to the political turmoil surrounding Ukraine which increased the metals safe haven appeal.
Commodity Prices
Commodity Prices
Source: Bloomberg, CBSL, Asia Siyaka, Citi Bank
Weekly Review by Asia Securities Research 21 March 2014
6 A member of Asia Capital Group
Copper
Copper which plunged the previous week witnessed a 0.2%WoW gain while touching a 44-month intra low on
Wednesday. Whilst Chinese industrial output reveals signs of slowdown, analysts predict the PMI to reach 48.7 in March
cf. 48.5 in February, where readings below 50 indicate a contraction. In addition, over supply and the announcement made
by Federal Reserve on rise of interest rates next year kept the downward pressure on copper price.
Forex Markets
The USD appreciated against its major peers, after Head of Federal Reserve announced the reduction in bond buying
program and possible hike in interest rates during 2015. The CAD slid to a four year low against USD, while AUD fell
below 0.91/USD. Meanwhile, CNY continued to weaken and reached its 13-month low after Central Bank lowered the
permitted trading range and due to the persisting growth concern over China’s economy.
Commodity Prices
Source: Bloomberg, Reuters
Weekly Review by Asia Securities Research 21 March 2014
7 A member of Asia Capital Group
Interest rates could dip further…
Monetary authorities held policy rates at current levels in spite of the growing volume of savings, low inflation and
improving external position of the economy against the background of stymied growth of credit to the private sector.
However, a further cut in rates remains a possibility during the second half of the year mainly on account of two important
trends currently taking root in the economy. The first phenomenon to note would be that the sharp fall in interest rates seen
in recent times has not in turn caused rates on consumer credit to drop equally, possibly due to relatively high
nonperforming loans being concentrated in the consumer sphere. Further, given that consumer loans occupy circa 40% of
the total loans to private sector by commercial banks, room for monetary authorities to cut rates further increases as
balance of payments position will not be adversely affected due to the lower propensity for consumer lending rates to fall
compared with the average rate of lending in the economy, in the face of a rate cut. Loans growth in to investments in fact
has a lower negative impact on balance of payments as it may not cause a leakage of funds from the economy to the level
of consumer sector credit growth. Hence, under this backdrop, a window of opportunity remains for policy rates to fall
further possibly during the second half of the year.
On the other hand, export receipts coupled with inflow of labour remittances continue to rise notably while the expansion
of the domestic market compared to rising export receipts remains moderate. This is indicated by credit growth to private
sector dropping to 5.2% YoY in January 2014 while export receipts growth jumped to 23.2% YoY during the
corresponding period. This particular phenomenon causes the liquidity levels in the financial systems to rise causing an
expansion of bank liabilities (savings) at a faster pace than loans and advances to private sector (a segment of assets).This
particular phenomenon tends to raise the demand for government bonds by the domestic banks owing to the high liquidity
levels prevailing in the domestic financial system. Under this backdrop, primary market yields have continued to drop
moderately coupled with that of the average lending rate in the economy. The domestic demand for treasury securities
despite foreign divestments is causing the yields to behave in this pattern. On the back of these developments we expect
the domestic treasury yields and market interest rates to fall further marginally, assisting the equity trade in the Colombo
Bourse. However, on the other hand, interest rates in the long run may increase on the back of winding down of Fed’s
quantitative easing programme and the scheduled increase in U.S. policy rates in mid 2015.
Conclusion
Weekly Review by Asia Securities Research 21 March 2014
8 A member of Asia Capital Group
212325272931333537
LK
R
TKYO
Tokyo Cement Manufacturing
N – LKR 35.00 X – LKR 29.10
TKYO, being the joint market leader in the cement industry, has its
grinding facility located in Trincomalee, ideally located for the
rebuilding boom. TKYO, a direct beneficiary of construction sector
upturn, is in a strong position to take advantage of increasing demand
in current excess capacity. TKYO completed a 10 MW bio mass power
plant which provides them significant cost advantage together with
additional boost to top line.
Focus on Investment – Key Buys
Sampath Bank Banking& Finance
N – LKR 179.80 The bank’s bottom line in 2013 was largely affected by loan losses on
pawning (due to the sharp drop in gold price) and due to 2012 earnings
benefiting from foreign exchange revaluation gains. Despite the bottom
line being impacted by the above, the bank managed to outperform the
industry in terms of loan book growth, whilst managing to maintain its
NIM. We expect the bank’s performance to improve in 2014E, with the
bank reducing its exposure to pawning whilst expanding its operations into
the high growth SME sector. The encouragement given to the SME sector
by the GOSL, the downward trend in market lending rates and the
improvement witnessed in the overall economic activity is likely to drive
the performance of the bank during the short to medium term.
Access Engineering (AEL) is a total solutions provider in the
construction industry with activities ranging from engineering designs,
geotechnical services, piling and horizontal drilling. The firm is the
premiere choice for large & specialized construction activities such as
roads & highways, ports & marine, water & waste management, whilse
its clientele includes government entities such as the Road Development
Authority (RDA), Urban Development Authority (UDA) and Board of
Investments (BOI) as well as private sector firms such as Dialog Axiata,
Taisei Corporation etc.. The firm is well poised to capitalize on the
construction boom taking place in the Island with its proven track
record.
Access Engineering Construction
N – LKR 22.00
16
18
20
22
24
26
28
30
LK
R
TKYOX
128
148
168
188
208
228
248
LK
R
SAMP
14
16
18
20
22
24
LK
R
AEL
Weekly Review by Asia Securities Research 21 March 2014
9 A member of Asia Capital Group
Hatton National Bank Banking & Finance
N-LKR 157.50 X- LKR 127.00
Despite the overall slowdown witnessed in loan growth during 2013,
HNB managed to witness a loan growth well ahead of the industry
average and cotnued to maintain an above industry average NIM.
Further, the bank witnessed itst the asset base crossing the LKR500bn
mark during 2013. We expect the bank to continue its loan growth
momentum and to maintain its relatively high NIM driven by its focus
on the SME sector, the current downward trend in interest rates and the
receovery withnessed in the overall economic activity in the country.
.
Focus on Investment Contd...
Household usage of LPG remains the largest segment in the LPG
market, but the penetration rate remains very low at 35% giving great
growth potential for the industry and LGL. Expected growth in
disposable income is likely to enable more households to shift to LPG
from biomass; whilst the increase in economic activity within the
country (such as growth in Leisure and industrial sectors) and concerns
about cleaner energy are likely to result in improvement in demand from
corporate customers. In addition, the 2014 budget proposal to exempt
LPG distribution from NBT is likely to uplift the margins of the
company. Meanwhile, the initiatives taken by the group to diversify its
operations could reduce the margin volatility from the LP Gas trading
business. The low gearing maintained by the company could enable the
group to go for low cost borrowings if it has to finance the future
projects via debt.
Laugfs Gas PLC Power and Energy
N – LKR 32.10 X – LKR 25.80
120
130
140
150
160
170
180
LK
R
HNB
80
90
100
110
120
130
140
LK
R
HNBX
20
25
30
35
40
LK
R
LGL
15
17
19
21
23
25
27
29
LK
R
LGLX
Weekly Review by Asia Securities Research 21 March 2014
10 A member of Asia Capital Group
As at 21
st March 2014
Dividends announcements
Company
Dividend Per
share (LKR) Final/ Interim XD Date Payment Date
Amaya Leisure PLC 4.50 Interim (Not Liable to 10% Dividend Tax) 14-03-2014 24-03-2014
Royal Palms Beach Hotels PLC 0.80 Interim 14-03-2014 25-03-2014
Tangerine Beach Hotels PLC 0.50 Interim 14-03-2014 25-03-2014
John Keells Holdings PLC 1.00 Second Interim 17-03-2014 26-03-2014
Lanka IOC PLC 0.50 Interim 18-03-2014 27-03-2014
Dipped Products PLC 2.50 Interim (Not Liable to 10% dividend tax) 21-03-2014 31-03-2014
Haycarb PLC 3.00 Interim (Rs 2.56-Liable to 10% dividend 21-03-2014 31-03-2014
Asiri Surgical Hospital PLC 1.56 Interim (Tax Free) 24-03-2014 28-03-2014
Asiri Hospital Holdings PLC 0.55 Interim (Tax Free - paid out of 24-03-2014 31-03-2014
Chemanex PLC 0.50 Interim 25-03-2014 03-04-2014
Union Bank of Colombo PLC 0.25 Final 26-03-2014 04-04-2014
Ceylon Investment PLC 2.50 First Interim (which would not be 27-03-2014 04-04-2014
HNB Assurance PLC 3.25 Final 28-03-2014 07-04-2014
AIA Insurance Lanka PLC 2.00 First & Final 28-03-2014 07-04-2014
Kelani Valley Plantations PLC 3.50 First & Final (Liable to 10% Tax) 31-03-2014 08-04-2014
Janashakthi Insurance Company PLC 1.00 Final (Subject to Tax) 31-03-2014 08-04-2014
Hatton National Bank PLC 7.00 Final (Voting & Non-Voting) 31-03-2014 08-04-2014
Finlays Colombo PLC 1.50 Final 31-03-2014 08-04-2014
Ceylinco Insurance PLC 16.00 First & Final 01-04-2014 09-04-2014
Sampath Bank PLC 8.00 First & Final 01-04-2014 08-04-2014
Talawakelle Tea Estates PLC 3.00 First & Final Dividend 01-04-2014 09-04-2014
Nations Trust Bank PLC 2.10 First & Final 01-04-2014 09-04-2014
Seylan Bank PLC 2.25 First & Final (Voting & Non-Voting) 01-04-2014 09-04-2014
Seylan Developments PLC 0.30 First & Final 01-04-2014 09-04-2014
Commercial Bank of Ceylon PLC 2.00 Final (Voting & Non-Voting) 01-04-2014 09-04-2014
Ceylon Tobacco Company PLC 8.55 Final (Less Withholding Tax) 03-04-2014 11-04-2014
Sri Lanka Telecom PLC 0.85 First & Final 10-04-2014 23-04-2014
Overseas Realty (Ceylon) PLC 0.45 Final 25-04-2014 06-05-2014
Overseas Realty (Ceylon) PLC 1.00 Special Dividend 25-04-2014 06-05-2014
Property Development PLC 3.00 First & Final 16-05-2014 26-05-2014
Nestle Lanka PLC 28.00 Final 23-05-2014 02-06-2014
Dialog Axiata PLC 0.29 Final To be notified
The Housing Development Finance 0.25 Final To be notified
Commercial Development Company PLC 2.00 Final To be notified
Scrip Dividend
Company Description XD date
Commercial Bank Of Ceylon PLC Voting - 1 for every 63.6 shares 01-04-2014
Non-voting - 1 for every 52.6 shares
Stock Exchange Announcements
Weekly Review by Asia Securities Research 21 March 2014
11 A member of Asia Capital Group
Rights Issues
Company Proportion / Issue Price XR date Last Date Of
Acceptance &
Payment
Trading of rights
Commences on
Arpico Finance
02 for 03 @ LKR50.00
28-02-2014
18-03-2014
10-03-2014
Stock Exchange Announcements Contd...
Weekly Review by Asia Wealth Research 21 March 2014
12
A member of Asia Capital Group
Company
YE
SH
(mn)
M.CAP
(Bn)
Price
Earnings(LKR Mn)
EPS
PE
DPS
DY ROE BVPS PBV FY11 FY12 FY13 FY14E FY15E FY11 FY12 FY13 FY14E FY15E FY11 FY12 FY13 FY14E FY15E
FINANCIAL SERVICES
Commercial Bank Dec 794.87 95.3 119.90 7,932.1 10,079.8 10,563.4 11,784.2 13,000.9 9.3 11.9 12.4 13.9 15.3 12.8 10.1 9.6 8.6 7.8 6.50 5.4% 17% 72.3 1.7
Commercial Bank(NV) Dec 54.54 5.3 97.00 7,932.1 10,079.8 10,563.4 11,784.2 13,000.9 9.3 11.9 12.4 13.9 15.3 10.4 8.2 7.8 7.0 6.3 6.50 6.7% 17% 72.3 1.3
Sampath Bank Dec 167.83 30.2 179.80 3,683.3 5,342.6 3,635.0 5,770.0 6,961.4 21.9 31.8 21.7 34.4 41.5 8.2 5.6 8.3 5.2 4.3 8.00 4.4% 11% 188.7 1.0
Nations Trust Bank Dec 230.61 14.8 64.10 1,607.2 1,935.1 2,136.4 2,553.7 3,119.2 7.0 8.4 9.3 11.1 13.5 9.2 7.6 6.9 5.8 4.7 2.10 3.3% 18% 50.9 1.3
NDB Bank Dec 164.85 29.5 179.00 2,705.5 8,853.8 2,641.9 3,555.1 4,129.2 16.4 53.7 16.0 21.6 25.0 10.9 3.3 11.2 8.3 7.1 10.00 5.6% 11% 148.7 1.2
CONGLOMERATES
John Keells Holdings Mar 990.27 216.0 218.10 8,245.6 9,686.9 12,201.1 10,661.8 11,603.6 8.3 9.8 12.3 10.8 11.7 26.2 22.3 17.7 20.3 18.6129445 3.50 1.6% 14% 90.7 2.4
MANUFACTURING
Tokyo (V) Mar 222.75 7.8 35.00 855.7 973.2 827.9 1,505.0 1,756.0 2.6 2.9 2.5 4.5 5.3 13.7 12.0 14.1 7.8 6.7 1.00 2.9% 12% 20.1 1.7
Tokyo (NV) Mar 111.38 3.2 29.10 855.7 973.2 827.9 1,505.0 1,756.0 2.6 2.9 2.5 4.5 5.3 11.4 10.0 11.7 6.5 5.5 1.00 3.4% 12% 20.1 1.4
Piramal Glass Mar 950.09 3.5 3.70 578.7 686.4 724.4 427.3 612.1 0.6 0.7 0.9 0.4 0.6 6.1 5.1 3.9 8.2 5.7 0.38 10.3% 20% 3.8 1.0
POWER & ENERGY
LANKA IOC Mar 532.53 20.4 38.30 877.0 907.3 2,908.8 4,490.4 4,993.6 1.6 1.7 5.5 8.4 9.4 23.3 22.5 7.0 4.5 4.1 1.00 2.6% 22% 24.4 1.6
Valuation Guide
Weekly Review by Asia Securities Research 21 March 2014
13
A member of Asia Capital Group
Company Code Year
End
Price
(LKR)
Price Performance Shares
Mn
Trailing
ROE
BVPS
Net Profits
4 Qtrs
trailing
Net Profits (mn) Trailing
EPS
Trailing
PE
PBV
Market Cap
(mn) 1W(%) 1M(%) 1Q(%) 1Y(%)
Dec'13 Sep'13 Jun'13 Mar'13
MARKET 0.71 (0.31) 2.17 2.93 10.93% 175,470.53 51,505.54 31,711.71 34,184.04 52,085.44 14.14 1.54 2,480,729.20
FINANCIAL SERVICES 1.71 (0.01) 3.83 (0.25) 12.52% 59,398.85 17,742.29 12,573.80 10,866.21 12,335.75 9.47 1.19
Banking 32,244.18 8,777.48 8,778.75 7,487.77 7,566.77
COMMERCIAL BANK [V] COMBN MainB D 119.90 4.62 3.36 0.76 5.27 794.87 17.19% 72.34 10,562.28 3,319.31 2,755.97 2,230.95 2,256.05 12.43 9.6 1.7 95,305.19
COMMERCIAL BANK [NV] COMBX MainB D 97.00 1.89 2.11 7.78 - 54.54 17.19% 72.34 10,562.28 3,319.31 2,755.97 2,230.95 2,256.05 12.43 7.8 1.3 5,290.69
DFCC BANK DFCCN MainB M 142.00 (0.56) (0.84) 15.27 8.53 265.10 8.86% 136.42 3,205.99 791.45 592.51 595.40 1,226.63 12.09 11.7 1.0 37,643.87
HNB [V] HNB N MainB D 157.50 3.35 3.55 11.31 (4.83) 319.77 13.29% 143.86 7,650.42 1,888.55 2,349.98 2,149.70 1,262.19 19.12 8.2 1.1 50,363.45
HNB [NV] HNB X MainB D 127.00 0.48 3.94 9.99 (2.69) 80.36 13.29% 143.86 7,650.42 1,888.55 2,349.98 2,149.70 1,262.19 19.12 6.6 0.9 10,206.02
NATIONS TRUST BANK NTB N MainB D 64.10 1.75 (3.03) 5.43 1.75 230.61 19.80% 46.79 2,136.40 539.95 616.14 478.37 501.93 9.26 6.9 1.4 14,781.93
NDB NDB N MainB D 179.00 - (2.72) 14.38 10.63 164.85 10.78% 148.70 2,641.92 445.33 891.96 797.75 506.89 16.03 11.2 1.2 29,507.96
PAN ASIA BANK PABCN MainB D 16.10 1.91 1.91 3.23 (12.09) 295.04 2.84% 13.72 114.86 (76.03) 28.92 10.52 151.45 0.39 41.4 1.2 4,750.16
SAMPATH BANK SAMPN MainB D 179.80 2.51 5.76 6.96 (22.50) 167.83 11.48% 188.71 3,634.96 1,068.17 859.16 651.74 1,055.90 21.66 8.3 1.0 30,175.63
SEYLAN BANK [V] SEYBN MainB D 61.50 1.82 0.49 (4.21) (4.21) 175.98 10.27% 65.69 2,326.15 797.15 535.25 484.24 509.51 6.74 9.1 0.9 10,822.61
SEYLAN BANK [NV] SEYBX MainB D 36.50 1.39 7.35 21.67 (1.35) 168.98 10.27% 65.69 2,326.15 797.15 535.25 484.24 509.51 6.74 5.4 0.6 6,167.88
HDFC HDFCN MainB D 31.00 (3.41) (2.50) 7.59 (26.76) 64.71 8.90% 40.55 233.59 74.64 108.49 12.03 38.43 3.61 8.6 0.8 2,006.03
UNION BANK UBC N MainB D 18.80 8.00 9.88 14.55 13.86 349.25 2.12% 14.09 104.20 (71.04) 40.38 77.07 57.79 0.30 63.0 1.3 6,565.90
AMANA BANK LIMITED ABLN MainB D 5.40 - 3.85 - - 1250.70 na 4.16 (366.59) na na 1.3 6,753.75
Finance Co.s & / Merchant Banks 11.94% 13,602.47 4,157.75 3,028.75 2,688.16 3,363.04
ASIA CAPITAL ACAPN MainB M 17.00 - 4.94 (2.86) (27.35) 110.00 na 2.67 (685.65) (120.04) (111.95) (212.87) (240.79) na na 6.4 1,870.00
ALLIANCE FINANCE ALLIN MainB M 799.00 7.81 (0.13) 4.87 (1.96) 2.43 16.34% 960.68 381.50 87.14 79.15 64.76 150.45 157.00 5.1 0.8 1,941.57
ARPICO FINANCE ARPIN MainB M 78.90 3.00 (23.10) (15.61) (11.84) 4.46 12.80% 110.50 63.11 12.14 27.93 2.10 20.94 14.14 5.6 0.7 352.09
CENTRAL FINANCE CFINN MainB M 189.00 (0.53) (0.53) 7.69 4.13 104.88 16.56% 181.61 3,153.93 841.34 782.78 826.56 703.25 30.07 6.3 1.0 19,822.95
NATION LANKA CSF N MainB M 8.00 (3.61) 2.56 11.11 (14.89) 249.95 14.71% 1.19 43.85 (3.98) 58.23 (16.04) 5.64 0.18 45.6 6.7 1,999.61
LOLC LOLCN MainB M 75.00 (2.60) 1.21 (1.70) 31.58 475.20 10.05% 42.01 2,006.78 704.82 436.44 693.94 171.58 4.22 17.8 1.8 35,640.00
LB FINANCE LFINN MainB M 100.30 0.40 1.41 2.97 (26.34) 69.26 22.17% 82.40 1,265.19 280.79 290.28 228.02 466.10 18.27 5.5 1.2 6,946.49
MERCHANT BANK MBSLN MainB D 13.70 3.01 1.48 3.01 (18.45) 135.00 na 22.17 (64.85) (10.11) (60.82) 8.37 (2.29) na na 0.6 1,849.50
PEOPLE'S MERCHANT PMB N MainB M 16.00 (3.03) 7.38 45.45 21.21 67.50 na 16.72 (157.61) (8.66) (64.29) (58.95) (25.71) na na 1.0 1,080.00
SMB LEASING PLC [V] SEMBN MainB D 1.30 8.33 8.33 62.50 85.71 1191.77 8.77% 0.55 86.49 35.78 19.35 13.59 17.77 0.05 27.1 2.4 1,549.30
SMB LEASING PLC [NV] SEMBX MainB D 0.50 25.00 25.00 66.67 25.00 614.07 8.77% 0.55 86.49 35.78 19.35 13.59 17.77 0.05 10.4 0.9 307.03
THE FINANCE TFC N MainB M 11.70 6.48 4.55 5.50 (5.74) 57.97 na na (1,441.49) (271.50) (387.65) (433.26) (349.08) na na na 678.20
THE FINANCE[NV] TFC X MainB M 5.90 5.45 13.73 56.76 20.83 100.00 na na (1,441.49) (271.50) (387.65) (433.26) (349.08) na na na 590.00
SOFTLOGIC FINANCE CRL N DiriSaviB M 31.00 3.10 (0.33) 23.55 25.10 37.45 13.90% 33.87 176.29 39.95 35.03 36.55 64.76 4.71 6.6 0.9 1,161.07
VALLIBEL FINANCE VFINN MainB M 28.40 (1.73) (2.07) (0.35) (2.74) 41.55 27.21% 26.10 295.04 67.97 65.33 70.49 91.26 7.10 4.0 1.1 1,180.04
SINHAPUTRA SFL N DiriSaviB M 135.00 3.85 17.09 54.29 83.67 6.30 7.86% 139.42 68.99 19.48 23.67 11.86 13.99 10.96 12.3 1.0 849.95
SINGER FINANCE SFINN MainB M 12.00 0.83 0.83 2.54 (3.97) 165.33 12.67% 12.20 255.53 80.95 64.29 53.25 57.03 1.55 7.8 1.0 1,984.00
BIMPUTH LANKA INVESTMENTS BLI N DiriSaviB M 53.90 0.37 (3.06) 218.93 261.74 26.93 19.25% 14.61 75.78 28.50 9.18 11.39 26.70 2.81 19.2 3.7 1,451.71
TRADE FINANCE TFILN DiriSaviB M 18.50 8.82 5.71 40.15 54.17 56.80 21.05% 13.22 158.15 43.84 37.51 46.23 30.58 2.78 6.6 1.4 1,050.81
Weekly Review by Asia Securities Research 21 March 2014
14
A member of Asia Capital Group
Company Year Price Performance Shares Trailing BVPS Net Profit Trailing Trailing PBV Mkt Cap Mn
End 1W(%) 1M(%) 1Q(%) 1Y(%) Mn ROE 4Qtrs Dec'13 Sep'13 Jun'13 Mar'13 EPS PE
CITIZENS DEVELOP. BUS.FINANCE CDB N MainB M 46.00 (2.13) (1.92) 10.58 15.00 46.30 16.48% 63.99 572.64 157.86 135.95 135.02 143.80 10.54 4.4 0.7 2,129.76
CITIZENS DEVELOP.BUS.FINANCE [NV] CDB X MainB M 38.10 (0.52) (0.26) 8.86 33.68 8.01 16.48% 63.99 572.64 157.86 135.95 135.02 143.80 10.54 3.6 0.6 305.03
SENKADAGALA FINANCE SFCLN DiriSaviB M 49.10 - - - (1.80) 58.70 26.82% 34.35 540.79 115.75 164.47 76.17 184.40 9.21 5.3 1.4 2,882.41
SWARNAMAHAL FINANCE SFS N DiriSaviB M 2.10 - - - (36.36) 500.00 na na (583.10) (176.25) (367.36) (40.59) 1.10 na na na 1,050.00
CHILAW FINANCE LIMITED CFL N DiriSaviB M 20.90 11.89 15.00 65.60 88.18 33.90 9.24% 11.62 36.41 13.65 3.46 6.50 12.80 1.07 19.5 1.8 708.54
COMMERCIAL CREDIT LIMITED COCRN DiriSaviB M 14.90 0.68 (0.67) 44.66 12.88 286.07 46.59% 6.67 889.64 230.54 172.91 172.99 313.20 3.11 4.8 2.2 4,262.51
MERCANTILE INVESTMENTS MERCN DiriSaviB M 2200.00 - - - - 3.01 10.42% 1989.75 623.41 209.92 148.40 95.19 169.90 207.39 10.6 1.1 6,613.20
MULTI FINANCE MFL N DiriSaviB M 17.50 18.37 8.75 19.18 (29.55) 22.46 na 12.78 (135.20) (6.19) (35.11) (39.20) (54.70) na na 1.4 393.09
LANKA ORIX FINANCE LOFCN DiriSaviB M 3.60 - (2.70) 28.57 9.09 2800.00 14.91% 2.24 933.33 230.27 454.96 76.50 171.60 0.33 10.8 1.6 10,080.00
ABANS FINANCIAL SERVICES AFSLN DiriSaviB M 29.90 4.91 (0.33) (0.33) - 37.00 3.29% 12.03 14.67 12.64 (13.79) 2.12 13.70 0.40 75.4 2.5 1,106.30
CENTRAL INV & FINPLC CIFLN MainB M 0.90 - - (10.00) (66.67) 83.43 na 2.27 na (182.14) (182.64) na na 0.4 75.08
ASSOCIATED MOTOR FINANCE PLC AMF N DiriSaviB M 308.00 - (6.35) (0.71) (17.87) 5.61 21.37% 126.44 151.51 24.14 37.30 50.27 39.80 27.02 11.4 2.4 1,727.37
CAPITAL ALLIANCE FINANCE LIMITED CALFN DiriSaviB M 14.50 (1.36) 5.07 (6.45) (7.64) 38.77 na 8.15 (11.31) 1.93 (7.09) (4.05) (2.10) na na 1.8 562.11
NANDA INVESTMENTS AND FINANCE NIFLN DiriSaviB M 7.80 13.43 (3.80) (2.56) 33.33 105.75 5.00% 5.65 29.85 6.02 7.50 7.63 8.70 0.28 27.6 1.4 824.87
SOFTLOGIC CAPITAL LIMITED SCAPN DiriSaviB M 4.20 5.00 (8.70) 10.53 (27.59) 299.20 na 5.55 (87.47) 215.44 (136.01) (101.10) (65.80) na na 0.8 1,256.64
ENTRUST ESL N DiriSaviB M 17.00 3.55 (3.31) (3.85) (2.23) 33.00 23.55% 27.60 214.53 165.62 0.80 6.12 42.00 6.50 2.6 0.6 561.00
PEOPLE’S LEASING PLC N MainB M 14.20 - 1.43 2.90 3.65 1579.86 17.83% 11.76 3,311.00 838.00 786.00 681.00 1,006.00 2.10 6.8 1.2 22,434.05
ASIA ASSET FINANCE LIMITED AAF N DiriSaviB M 2.00 11.11 17.65 11.11 (13.04) 559.47 9.06% 1.31 66.35 12.76 19.49 15.90 18.20 0.12 16.9 1.5 1,118.94
ORIENT FINANCIAL SERVICE ORINN DiriSaviB M 13.70 - 3.85 (3.57) (1.46) 115.63 11.47% 7.25 96.11 16.28 29.09 9.74 41.00 0.83 16.5 1.9 1,584.06
SANASA DEVELOPMENT BANK SDB N DiriSaviB D 73.80 0.54 (2.63) (3.77) 8.82 25.18 8.47% 135.70 289.34 (12.12) 103.73 80.63 117.10 11.49 6.4 0.5 1,857.94
COMMERCIAL LEASING & FINANCE CLC N DiriSaviB M 3.80 - (2.56) (2.56) (24.00) 6377.71 11.70% 1.35 1,005.00 285.28 225.42 294.50 199.80 0.16 24.1 2.8 24,235.30
GEORGE STEUART FINANCE GSF N DiriSaviB M 108.00 (20.01) (69.58) (80.09) (83.15) 22.50 na 13.60 (36.03) (12.20) (5.81) (1.02) (17.00) na na 7.94 2,430.00
Insurance 6,054.55 4,433.13 468.36 364.86 788.20
AMANA TAKAFUL INS. ATL N DiriSaviB D 1.50 7.69 - - (12.50) 1000.00 6.66% 1.06 70.84 32.76 (12.32) 17.20 33.20 0.07 22.0 1.4 1,500.00
ASIAN ALLIANCE AAICN DiriSaviB D 82.20 1.73 (13.38) 0.24 2.75 37.50 19.78% 48.85 362.33 480.91 (98.18) (56.60) 36.20 6.30 13.0 1.7 3,082.50
CEYLINCO INSURANCE [V] CINSN MainB D 1390.00 2.96 1.13 2.96 39.03 20.00 14.62% 675.72 2,609.08 1886.34 233.44 162.70 326.60 98.77 14.1 2.1 27,800.00
CEYLINCO INSURANCE [NV] CINSX MainB D 442.90 1.86 3.00 12.13 34.25 6.41 #N/A #N/A #N/A #N/A 233.44 162.70 326.60 #N/A #N/A #N/A 2,840.97
AIA INSURANCE LANKA CTCEN MainB D 289.90 9.60 (3.04) 9.23 (22.40) 30.00 10.89% 152.84 499.26 364.70 111.82 -9.26 32.00 16.64 17.4 1.9 8,697.00
HNB ASSURANCE HASUN MainB D 62.00 (1.43) (1.59) 15.03 23.26 50.00 18.42% 42.26 389.14 234.15 50.18 54.71 50.10 7.78 8.0 1.5 3,100.00
UNION ASSURANCE UAL N MainB D 103.00 (0.87) (6.36) 3.94 12.57 85.71 21.95% 59.70 1,123.44 832.15 101.53 78.36 111.40 13.11 7.9 1.7 8,828.57
JANASHAKTHI JINSN DiriSaviB D 14.00 1.45 2.94 13.82 12.90 363.00 22.09% 12.48 1,000.47 602.13 81.88 117.75 198.70 2.76 5.1 1.1 5,082.00
Venture Capital Co.s 7,497.65 373.94 297.94 325.42 617.74
NDB CAPITAL CDICN MainB D 510.00 4.08 2.00 13.28 6.43 32.90 15.93% 177.84 932.05 225.16 158.47 211.05 337.37 28.33 18.0 2.9 16,781.52
FIRST CAPITAL CFVFN MainB M 19.60 4.26 7.10 15.29 76.58 101.25 24.55% 18.77 466.62 158.69 25.55 62.04 220.35 4.61 4.3 1.0 1,984.50
LANKA VENTURES LVENN MainB M 39.80 3.39 (1.00) (1.00) 24.92 50.00 16.71% 25.89 216.36 (9.91) 113.92 52.33 60.02 4.33 9.2 1.5 1,990.00
Weekly Review by Asia Securities Research 21 March 2014
15
A member of Asia Capital Group
Company Year Price Performance Shares Trailing BVPS Net Profit Trailing Trailing PBV Mkt Cap Mn
End 1W(%) 1M(%) 1Q(%) 1Y(%) Mn ROE 4Qtrs Dec'13 Sep'13 Jun'13 Mar'13 EPS PE
BEVERAGE FOOD AND TOBACCO (0.29) (4.85) (1.94) 20.75 20.14% 24,541.64 6,215.04 6,053.03 6,416.51 5,857.07 19.93 4.01
BAIRAHA FARMS BFL N MainB M 140.00 (1.13) 12.09 13.82 (5.02) 16.00 13.04% 110.86 168.84 (20.53) 52.57 52.18 84.62 10.55 13.3 1.3 2,240.00
CARGILLS CARGN MainB M 134.60 (1.75) (3.17) (9.36) (12.99) 224.00 3.80% 52.46 446.82 152.20 49.78 121.36 123.48 1.99 67.5 2.6 30,150.40
CEYLON BEVERAGE HOLDINGS BREWN MainB M 495.00 (0.98) 2.06 (4.53) 23.75 20.99 15.62% 156.37 512.70 185.43 113.94 102.78 110.55 24.43 20.3 3.2 10,389.10
CEYLON COLD STORES CCS N MainB M 141.00 1.58 (5.87) 3.82 6.97 95.04 21.31% 98.53 1,995.48 259.36 152.99 160.22 1,422.92 21.00 6.7 1.4 13,400.64
CEYLON TEA SERVICES CTEAN MainB M 673.00 2.75 (3.86) 6.00 1.99 20.00 11.84% 411.15 973.36 102.31 391.99 159.08 319.97 48.67 13.8 1.6 13,460.00
CEYLON TOBACCO CTC N MainB D 1090.00 (0.71) (6.64) (2.75) 36.43 187.32 211.77% 23.04 9,140.00 2,521.00 2,333.00 2,823.00 1,463.00 48.79 22.3 47.3 204,182.89
RENUKA SHAW WALLACE (N) COCON MainB M 16.40 2.50 2.50 2.50 (13.68) 89.77 1.60% 24.43 37.01 63.41 33.73 22.88 (83.02) 0.39 41.9 0.7 1,472.26
RENUKA SHAW WALLACE [NV] COCOX MainB M 12.90 (3.73) (4.44) (0.77) (12.24) 4.77 1.60% 24.43 37.01 63.41 33.73 22.88 (83.02) 0.39 33.0 0.5 61.58
CONVENIENCE FOOD SOY N MainB M 210.10 1.99 (2.32) 5.05 57.85 2.75 27.32% 149.71 112.48 21.65 13.45 14.45 62.94 40.90 5.1 1.4 577.78
DISTILLERIES DISTN MainB M 201.00 (1.08) (3.70) 5.58 18.00 300.00 11.33% 172.16 5,850.80 1,746.55 1,492.60 1,643.19 968.45 19.50 10.3 1.2 60,300.00
HARISCHANDRA MILLS HARIN MainB M 2150.00 - (2.27) 2.87 (13.62) 0.96 12.82% 1051.68 129.41 35.79 37.83 24.52 31.27 134.83 15.9 2.0 2,063.57
KEELLS FOOD PRODUCTS KFP N MainB M 59.00 0.68 1.03 1.55 (15.71) 25.50 na 58.39 (31.23) (111.90) 23.44 29.76 27.48 na na 1.0 1,504.50
KOTMALE HOLDINGS LAMBN MainB M 53.00 - (5.45) (0.38) 53.39 31.40 10.61% 26.71 88.95 20.27 9.57 20.54 38.58 2.83 18.7 2.0 1,664.20
LION BREWERY LIONN MainB M 390.00 (1.02) (1.19) 5.41 16.80 80.00 18.05% 81.73 1,180.35 401.84 258.53 287.70 232.28 14.75 26.4 4.8 31,200.00
LANKA MILK FOODS LMF N MainB M 107.00 (1.83) (0.93) 3.88 - 40.00 2.32% 241.95 224.25 59.41 (3.31) 85.59 82.56 5.61 19.1 0.4 4,279.79
NESTLE LANKA NESTN MainB D 1995.00 1.10 (5.00) (5.85) 20.77 53.73 78.39% 78.47 3,304.74 697.85 905.56 787.32 914.02 61.51 32.4 25.4 107,182.30
THREE ACRE FARMS TAFLN MainB D 40.50 - 26.18 7.53 (7.83) 23.55 19.01% 39.01 174.60 54.25 78.72 19.87 21.75 7.42 5.5 1.0 953.57
RENUKA AGRI RAL N DiriSaviB M 3.10 (6.06) (11.43) (16.22) (24.39) 561.75 3.46% 3.44 66.78 (16.31) 60.78 34.00 (11.70) 0.12 26.1 0.9 1,741.43
TEA SMALLHOLDERS TSMLN MainB M 34.00 4.62 1.49 1.49 (22.73) 30.00 10.82% 27.90 90.54 37.87 7.29 15.77 29.62 3.02 11.3 1.2 1,020.00
RAIGAM WAYAMBA SALTERNS LTD RWSLN DiriSaviB M 2.20 - - 4.76 (4.35) 282.21 8.11% 3.04 69.51 14.34 43.50 4.24 7.42 0.25 8.9 0.7 620.86
HVA FOODS HVA N DiriSaviB M 9.50 4.40 - (2.06) (16.67) 66.43 1.28% 7.33 6.26 (9.76) (2.92) 8.07 10.87 0.09 100.8 1.3 631.07
CHEMICALS & PHARMACEUTICALS (2.15) (0.04) (2.09) (12.94) 1.86% 369.55 408.88 (316.29) (44.92) 328.15 45.27 0.84
CHEMANEX CHMXN MainB M 72.60 (6.32) (6.92) (1.89) (0.55) 15.75 18.56% 98.66 288.40 318.77 (3.52) (1.22) (25.63) 18.31 4.0 0.7 1,143.45
CHEMICAL INDUSTRIES [V] CIC N MainB M 46.70 1.30 (0.85) (1.89) (26.61) 72.90 na 77.11 (290.53) (266.29) (4.25) (75.27) 55.28 na na 0.6 3,404.43
CHEMICAL INDUSTRIES [NV] CIC X MainB M 39.00 5.75 7.22 22.54 (16.63) 21.87 na 77.11 (290.53) (266.29) (4.25) (75.27) 55.28 na na 0.5 852.93
HAYCARB HAYCN MainB M 180.00 - 4.05 (0.33) 2.86 29.71 15.53% 158.32 730.40 123.77 100.87 199.89 305.87 24.58 7.3 1.1 5,348.23
INDUSTRIAL ASPHALTS ASPHN MainB M 206.00 5.10 (1.90) (1.53) 5.64 0.67 2.77% 132.16 2.44 0.60 0.45 0.57 0.82 3.66 56.2 1.6 137.31
J.L. MORISON [V] MORIN MainB M 278.00 (11.75) 3.00 23.56 66.47 5.81 9.42% 269.91 192.03 63.39 45.93 30.19 52.52 25.43 10.9 1.0 1,614.70
J.L. MORISON [NV] MORIX MainB M 212.00 0.71 6.00 21.14 96.30 1.74 9.42% 269.91 192.03 63.39 45.93 30.19 52.52 25.43 8.3 0.8 369.41
LANKEM CEYLON LCEYN MainB M 101.00 (3.08) (4.36) (18.05) (33.68) 24.00 na 139.18 (349.01) 195.23 (431.61) (185.44) 72.81 na na 0.7 2,424.00
STANDARD CAPITAL SINGN MainB M 56.10 (6.50) (4.92) 11.75 (0.88) 5.54 na 50.82 (20.93) (1.52) 2.29 (15.44) na na 1.1 310.84
MULLERS MULLN MainB M 1.20 - - - (20.00) 283.00 3.69% 0.62 6.49 (7.96) 6.34 7.85 0.26 0.02 52.3 1.9 339.60
UNION CHEMICALS UCARN MainB D 456.00 - (2.50) 1.33 2.47 1.50 12.82% 208.55 40.10 15.90 12.18 2.62 9.40 26.73 17.1 2.2 684.00
PC PHARMA PCP N DiriSaviB 1.00 - - (28.57) (84.85) 101.00 na 0.29 (229.84) (34.53) (41.17) (26.41) (127.74) na na 3.4 101.00
CONSTRUCTIONS 1.35 (1.69) 2.57 0.21 13.18% 217.66 3,997.67 1,210.81 976.00 764.57 1,046.29 9.66 1.27
COLOMBO DOCKYARD DOCKN MainB D 179.80 2.68 (1.75) 4.53 (17.49) 71.86 8.42% 153.09 926.08 281.62 192.58 115.84 336.04 12.89 14.0 1.2 12,920.23
LANKEM DEVELOPMENTS LDEVN MainB M 4.70 2.17 2.17 (2.08) (18.97) 60.00 na 9.49 (320.69) (5.57) (44.34) (66.45) (204.33) na na 0.5 282.00
MTD WALKERS KAPIN MainB M 30.00 5.26 1.69 3.45 25.00 114.36 12.16% 41.01 570.06 59.73 166.16 160.97 183.20 4.98 6.0 0.7 3,430.71
ACCESS ENGINEERING LIMITED AEL N MainB M 22.00 - (2.21) 1.38 11.06 1000.00 20.06% 14.07 2,822.23 875.03 661.59 554.22 731.38 2.82 7.8 1.6 22,000.00
Weekly Review by Asia Securities Research 21 March 2014
16
A member of Asia Capital Group
Company Year Price Performance Shares Trailing BVPS Net Profit Trailing Trailing PBV Mkt Cap Mn
End 1W(%) 1M(%) 1Q(%) 1Y(%) Mn ROE 4Qtrs Dec'13 Sep'13 Jun'13 Mar'13 EPS PE
DIVERSIFIED 0.57 1.60 1.76 (8.01) 8.34% 27,342.86 8,239.86 2,579.54 4,826.50 11,696.96 17.51 1.46
AITKEN SPENCE SPENN MainB M 98.00 (1.01) (2.97) (3.73) (16.38) 406.00 11.67% 73.89 3,499.77 1,079.99 559.67 666.94 1,193.17 8.62 11.4 1.3 39,787.61
CARSON CUMBERBATCH CARSN MainB M 352.00 3.44 0.57 0.57 (20.90) 196.39 10.60% 153.52 3,195.24 1,030.78 (829.26) 585.12 2,408.60 16.27 21.6 2.3 69,128.19
C T HOLDINGS CTHRN MainB M 140.00 4.01 0.79 0.94 7.69 183.10 6.89% 89.58 1,129.40 140.97 (65.40) 665.44 388.39 6.17 22.7 1.6 25,633.62
COLOMBO FORT LAND CFLBN MainB M 25.10 1.62 0.40 (5.99) (16.33) 180.00 na 40.51 (583.72) 148.51 (750.60) (60.31) 78.68 na na 0.6 4,518.00
FINLAYS COLOMBO JFINN MainB D 306.00 0.72 13.33 3.03 (0.97) 35.00 5.11% 160.60 287.37 88.77 71.42 42.06 85.12 8.21 37.3 1.9 10,710.00
HAYLEYS HAYLN MainB M 288.00 0.35 (2.04) (1.64) (2.87) 75.00 7.43% 307.94 1,716.45 338.62 468.60 418.39 490.84 22.89 12.6 0.9 21,600.00
HEMAS HOLDINGS HHL N MainB M 38.00 - 1.33 15.15 40.22 515.29 15.77% 25.39 2,063.41 488.67 707.50 276.71 590.54 4.00 9.5 1.5 19,581.04
JOHN KEELLS HOLDINGS JKH N MainB M 218.10 (0.50) 2.10 0.69 (11.56) 990.27 10.34% 119.84 12,273.31 3,394.72 2,059.21 1,586.40 5,232.99 12.39 17.6 1.8 215,978.02
DUNAMIS CAPITAL CSECN MainB M 13.00 4.00 4.00 18.18 26.21 123.00 14.44% 11.35 201.56 74.07 (22.82) 18.31 132.00 1.64 7.9 1.1 1,598.96
RICHARD PIERIS RICHN MainB M 6.50 - - 4.84 (4.41) 1983.74 15.08% 4.30 1,286.93 475.18 295.97 185.19 330.59 0.65 10.0 1.5 12,894.30
SUNSHINE HOLDINGS SUN N MainB M 28.70 (1.71) (4.33) 0.35 8.30 133.83 12.87% 33.32 573.99 187.01 176.36 65.39 145.24 4.29 6.7 0.9 3,840.82
SOFTLOGIC HOLDINGS SHL N MainB M 10.30 (1.90) 5.10 25.61 (4.63) 779.00 3.64% 9.43 267.42 162.52 53.94 38.97 11.98 0.34 30.0 1.1 8,023.70
EXPOLANKA HOLDINGS EXPON MainB M 8.80 3.53 10.00 18.92 29.41 1954.92 15.98% 5.19 1,622.37 679.50 342.29 323.07 277.51 0.83 10.6 1.7 17,203.25
F L C HOLDINGS FLCHN DiriSaviB M 2.10 15.79 10.00 4.76 (12.00) 1368.00 h 4.72 247.92 29.56 26.62 (32.95) 224.70 0.18 11.6 0.4 2,872.80
VALLIBEL ONE LIMITED VONEN DiriSaviB M 16.80 - 1.20 2.44 1.82 1086.56 3.45% 28.41 1,066.27 398.17 279.49 146.28 242.33 0.98 17.1 0.6 18,254.20
BROWNS INVESTMENTS PLC BIL N DiriSaviB M 2.30 - 4.55 - (32.35) 1860.00 na 5.57 (238.86) 26.78 (157.07) (54.96) (53.62) na na 0.4 4,278.00
PCH HOLDINGS LIMITED PCHHN DiriSaviB M 0.80 (11.11) (27.27) (38.46) (86.67) 252.00 na 0.73 (1,348.65) (523.60) (597.32) (85.73) (142.00) na na 1.1 201.60
TAPROBANE HOLDINGS TAP N DiriSaviB M 2.70 (3.57) 8.00 (6.90) (38.64) 1002.72 2.28% 3.62 82.66 19.65 (39.06) 42.17 59.90 0.08 32.8 0.7 2,707.36
FOOTWEAR AND TEXTILES (0.73) (0.33) (0.91) (11.23) -3.61% (374.37) 54.18 18.45 (197.06) (249.94) na 0.89
CEYLON LEATHER CLPLN MainB M 58.00 (0.52) (4.17) (11.13) (8.59) 34.23 4.16% 90.03 128.11 (5.41) 83.33 40.99 9.20 3.74 15.5 0.6 1,985.56
HAYLEYS - MGT MGT N MainB M 10.20 (1.92) - (0.97) (4.67) 152.34 na 9.70 (377.41) (22.32) 0.16 (92.33) (262.93) na na 1.1 1,553.90
KURUWITA TEXTILES KURUN MainB M 20.90 - - 22.22 1.95 25.00 na 24.10 (302.67) 35.87 (147.18) (211.53) 20.18 na na 0.9 522.50
ODEL ODELN DiriSaviB M 19.20 (0.52) 1.05 1.58 (14.98) 272.13 3.40% 19.17 177.60 46.04 82.13 65.82 (16.39) 0.65 29.4 1.0 5,224.89
HOTELS AND TRAVELS (0.35) 0.28 (0.48) (5.18) 6.55% 8,067.81 2,438.05 1,433.39 273.87 3,864.31 17.08 1.12
City Hotels 3,442.70 936.35 769.13 451.01 1,286.21
ASIAN HOTEL & PROPERTIES AHPLN MainB M 58.00 0.17 (4.75) (6.89) (17.00) 442.78 11.44% 48.56 2,459.79 602.79 567.05 393.15 896.80 5.56 10.4 1.2 25,680.97
GALADARI GHLLN MainB D 10.50 (1.87) (1.87) (7.08) (16.00) 500.83 2.45% 16.86 207.19 91.08 54.18 67.19 -5.26 0.41 25.4 0.6 5,258.71
KINGSBURY SERVN MainB M 12.50 0.81 0.81 (3.85) (6.72) 242.00 na 6.74 (116.28) 69.02 26.71 -105.20 -106.80 na na 1.9 3,025.00
RENUKA CITY HOTEL RENUN MainB M 280.00 7.28 4.48 14.29 19.15 7.00 7.83% 506.05 277.47 64.54 98.54 81.29 33.10 39.64 7.1 0.6 1,960.00
TAJ LANKA TAJ N MainB M 30.00 (0.33) 3.45 5.26 15.38 139.64 na 13.84 (371.25) -118.50 (171.80) -106.92 25.97 na na 2.2 4,189.12
TRANS ASIA TRANN MainB M 76.00 (7.54) 2.70 (9.20) 5.56 200.00 16.71% 29.50 985.76 227.42 194.45 121.50 442.40 4.93 15.4 2.6 15,200.00
Weekly Review by Asia Securities Research 21 March 2014
17
A member of Asia Capital Group
Company Year Price Performance Shares Trailing BVPS Net Profit Trailing Trailing PBV Mkt Cap Mn
End 1W(%) 1M(%) 1Q(%) 1Y(%) Mn ROE 4Qtrs Dec'13 Sep'13 Jun'13 Mar'13 EPS PE
Resort Hotels 4,625.11 1,501.70 664.26 (177.13) 2,578.10
AIT. SPENCE HOTEL HOLD. AHUNN MainB M 71.00 (1.39) 1.43 6.29 (4.05) 336.29 14.76% 41.60 2,065.08 545.40 311.68 261.80 946.20 6.14 11.6 1.7 23,876.59
AMAYA LEISURE CONNN MainB M 70.30 (6.27) 0.86 0.43 (7.50) 48.03 13.65% 56.22 368.54 107.17 93.68 40.29 127.40 7.67 9.2 1.3 3,376.81
BROWNS BEACH HOTELS BBH N MainB M 18.60 - 1.09 (2.11) 9.41 129.60 3.45% 27.49 122.92 18.57 25.62 37.53 41.20 0.95 19.6 0.7 2,410.56
CEYLON HOTELS CORP. CHOTN MainB M 16.20 (2.58) 3.42 (0.66) (13.71) 171.83 na 33.69 (148.73) 25.63 (7.13) -87.93 -79.30 na na 0.5 2,783.57
PALM GARDEN HOTEL PALMN MainB M 72.90 2.68 (5.20) 2.53 (25.61) 10.82 na 100.60 (317.94) -53.64 (68.39) -65.91 -130.00 na na 0.7 788.54
BERUWALA WALK INN BINNN MainB D 104.00 - (0.95) 30.00 73.62 0.90 na na (64.83) -24.35 (19.22) -17.06 -4.20 na na na 93.60
EDEN HOTELS EDENN MainB M 25.50 2.41 (3.77) (5.90) (27.14) 52.80 4.04% 44.39 94.59 31.04 (14.39) -19.46 97.40 1.79 14.2 0.6 1,346.40
HOTEL SIGIRIYA HSIGN MainB M 75.00 - - 1.76 (3.47) 5.86 13.88% 41.84 34.04 13.91 0.98 -7.35 26.50 5.81 12.9 1.8 439.43
HUNAS FALLS HUNAN MainB M 48.00 - - 5.73 (4.00) 5.63 10.54% 57.80 34.26 2.89 4.71 4.96 21.70 6.09 7.9 0.8 270.00
KANDY HOTELS KHC N MainB M 7.00 4.48 1.45 (6.67) (23.08) 577.50 2.32% 10.48 140.39 33.44 48.79 15.86 42.30 0.24 28.8 0.7 4,042.50
JOHN KEELLS HOTELS KHL N MainB M 12.50 0.81 - - (5.30) 1456.15 7.82% 11.77 1,339.87 451.86 248.62 -102.42 741.80 0.92 13.6 1.1 18,201.83
LIGHT HOUSE HOTEL LHLN DiriSaviB M 45.00 - (2.17) 2.04 (1.32) 46.00 4.10% 51.10 96.39 39.00 8.28 -7.99 57.10 2.10 21.5 0.9 2,070.00
MIRAMAR MIRAN DefaultB M 53.70 7.11 0.63 13.15 (33.97) 2.75 na 19.62 na na na 2.7 147.68
MAHAWELI REACH MRH N MainB M 14.90 (10.24) (4.49) 0.68 (23.59) 47.07 3.88% 19.70 36.00 15.70 8.91 -12.81 24.20 0.76 19.5 0.8 701.29
NUWARA ELIYA NEH N MainB M 1290.00 9.06 12.17 8.40 (0.77) 2.00 10.38% 1292.52 268.80 68.68 85.04 36.18 78.90 134.14 9.6 1.0 2,584.99
PEGASUS PEG N MainB M 35.00 (2.78) (5.91) (2.23) (7.89) 30.39 5.53% 44.58 74.94 25.40 4.55 -2.61 47.60 2.47 14.2 0.8 1,063.70
CITRUS LEISURE REEFN MainB M 16.10 0.62 18.98 11.64 (16.41) 96.48 na 29.91 (9.00) -3.12 (17.52) -24.16 35.80 na na 0.5 1,553.28
ROYAL PALMS RPBHN MainB M 30.10 (2.59) 2.03 3.79 (14.25) 50.00 5.88% 33.87 99.62 44.54 7.86 -10.09 57.30 1.99 15.1 0.9 1,505.00
SIGIRIYA VILLAGE SIGVN MainB M 51.10 (7.75) (6.91) (16.75) (23.58) 9.00 7.81% 70.77 49.76 11.64 14.65 -13.23 36.70 5.53 9.2 0.7 459.90
DOLPHIN HOTELS STAFN MainB M 43.00 - (2.27) 7.50 27.22 31.62 9.64% 31.34 95.57 40.78 (19.54) -18.78 93.10 3.02 14.2 1.4 1,359.72
TANGERINE TANGN MainB M 73.90 (7.39) 21.15 26.76 11.97 20.00 2.81% 123.58 69.54 40.85 12.23 -6.95 23.40 3.48 21.3 0.6 1,478.00
SERENDIB HOTELS [V] SHOTN MainB M 29.50 5.36 10.07 15.23 34.09 75.51 8.63% 15.54 149.61 71.96 (27.49) -64.66 169.80 1.34 22.0 1.9 2,227.68
SERENDIB HOTELS [NV] SHOTX MainB M 18.50 (3.14) - 28.47 8.82 36.01 8.63% 15.54 149.61 71.96 (27.49) -64.66 169.80 1.34 13.8 1.2 666.20
MARAWILA RESORTS MARAN DiriSaviB M 5.00 2.04 2.04 - (18.03) 122.50 na 6.88 (22.37) 10.98 (18.57) -43.49 28.70 na na 0.7 612.50
FORTRESS RESORTS RHTLN DiriSaviB M 13.10 (2.24) (0.76) (0.76) (11.49) 110.89 14.05% 10.02 156.13 57.05 36.09 -3.41 66.40 1.41 9.3 1.3 1,452.62
KALPITIYA BEACH RESORT CITKN DiriSaviB M 5.70 3.64 11.76 (5.00) 5.56 161.20 na 8.94 (136.67) -31.22 (39.94) -38.30 -27.20 na na 0.6 918.84
WASKADUWA BEACH RESORT CITWN DiriSaviB M 7.20 5.88 4.35 10.77 41.18 155.60 na 10.30 (13.59) -3.04 (1.87) -1.18 -7.50 na na 0.7 1,120.32
BERUWALA RESORTS BERUN DiriSaviB M 1.70 - 6.25 (5.56) (19.05) 600.00 na 0.89 (30.16) -5.60 (23.74) -24.82 24.00 na na 1.9 1,020.00
HIKKADUWA BEACH RESORT CITHN DiriSaviB M 20.60 7.89 - 3.02 14.53 57.57 8.10% 15.51 72.36 24.36 10.35 -1.15 38.80 1.26 16.4 1.3 1,186.02
ANILANA HOTELS AND PROPERTIES
LIMITED
ALHPN DiriSaviB M 7.20 2.86 4.35 (5.26) - 383.68 na 8.16 na (58.19) na na 0.9 2,762.53
RAMBODA FALLS PLC RFLN DiriSaviB M 14.50 16.00 15.08 10.69 5.84 20.00 6.10% 13.28 16.21 4.04 2.66 0.81 8.69 0.81 17.9 1.1 290.00
INVESTMENT TRUST 0.66 (1.27) (0.40) (0.83) 14.76% 4,701.98 1,893.60 143.99 669.59 1,994.81 5.99 0.88
ASCOT HOLDINGS ASCON MainB M 131.00 0.77 1.55 (2.24) (16.72) 7.99 2.86% 70.35 16.07 12.87 12.54 (6.45) (2.89) 2.01 65.1 1.9 1,046.10
CEYLON GUARDIAN GUARN MainB M 180.00 0.56 (2.54) 1.69 12.22 82.10 15.33% 170.22 2,142.05 452.83 49.36 323.35 1316.50 26.09 6.9 1.1 14,777.41
CEYLON INVESTMENT CINVN MainB M 77.20 2.93 2.93 (0.52) (3.38) 98.51 16.48% 83.80 1,360.42 365.90 9.04 222.28 763.20 13.81 5.6 0.9 7,605.35
COLOMBO FORT INV. CFIN MainB M 90.00 (4.76) 3.93 (2.17) (7.22) 6.50 na 190.27 (34.96) -21.58 (2.09) 28.62 -39.90 na na 0.5 585.00
COLOMBO INV. TRUST CIT N MainB M 97.00 (2.90) (5.83) (22.34) (10.19) 6.50 na 208.74 (56.91) -34.14 (15.45) 48.98 -56.30 na na 0.5 630.50
LEE HEDGES SHAWN MainB M 254.00 (0.39) (2.27) 2.42 0.83 5.12 33.98% 651.86 1,134.26 1053.87 14.99 17.50 47.90 221.51 1.1 0.4 1,300.62
RENUKA HOLDINGS [V] RHL N MainB M 30.90 0.98 3.69 7.67 (5.79) 44.52 4.93% 50.98 128.02 63.83 64.16 36.32 -36.30 2.51 12.3 0.6 1,375.58
RENUKA HOLDINGS [NV] RHL X MainB M 21.20 0.95 2.91 3.41 (5.78) 6.43 4.93% 50.98 128.02 63.83 64.16 36.32 -36.30 2.51 8.4 0.4 136.28
GUARDIAN CAPITAL WAPON DiriSaviB M 26.60 2.31 1.92 (5.34) (33.17) 25.83 2.45% 20.62 13.04 0.01 11.44 -1.01 2.60 0.50 52.7 1.3 687.18
Weekly Review by Asia Securities Research 21 March 2014
18
A member of Asia Capital Group
Company Year Price Performance Shares Trailing BVPS Net Profit Trailing Trailing PBV Mkt Cap Mn
End 1W(%) 1M(%) 1Q(%) 1Y(%) Mn ROE 4Qtrs Dec'13 Sep'13 Jun'13 Mar'13 EPS PE
LAND AND PROPERTY 0.61 0.81 3.63 22.01 8.63% 4,218.39 1,141.36 967.85 1,174.97 883.13 9.35 0.81
C T LAND CTLDN MainB M 29.00 (1.69) (3.01) (3.65) 16.00 48.75 12.03% 54.92 322.13 44.54 43.81 42.93 190.85 6.61 4.4 0.5 1,413.75
CARGO BOAT CABON MainB M 100.50 0.40 (0.50) 10.80 27.05 10.20 15.27% 161.27 251.13 24.10 (19.60) 228.52 18.11 24.62 4.1 0.6 1,025.10
CITY HOUSING CHOUN MainB M 10.00 5.26 1.01 (6.54) (20.00) 13.38 na 10.47 (51.92) 2.80 (2.34) (10.97) (41.42) na na 1.0 133.80
CEYLINCO SEYLAN CSD N MainB M 9.40 2.17 2.17 4.44 5.62 147.96 0.44% 28.59 18.42 (43.88) 15.78 23.64 22.88 0.12 75.5 0.3 1,390.87
COLOMBO LAND CLNDN MainB D 36.50 4.57 5.48 (3.43) 15.46 199.88 na 13.44 (10.57) (16.69) 2.79 6.64 (3.31) na na 2.7 7,295.66
COMMERCIAL DEVELOP. COMDN MainB D 71.00 (0.14) 14.33 7.58 11.81 12.00 11.63% 108.51 151.40 79.88 19.84 26.60 25.07 12.62 5.6 0.7 852.00
EAST WEST EASTN MainB M 11.60 0.87 (0.85) - (12.78) 138.24 na 9.78 (1.71) 8.47 8.87 1.69 (20.74) na na 1.2 1,603.58
EQUITY ONE EQITN MainB M 28.00 (6.35) (3.45) (0.71) 9.80 40.32 9.49% 42.88 164.09 22.57 10.35 9.86 121.32 4.07 6.9 0.7 1,129.01
EQUITY TWO ETWON MainB M 28.40 4.80 4.80 13.60 18.33 31.00 10.73% 19.89 66.15 16.49 1.86 2.95 44.86 2.13 13.3 1.4 880.40
HUEJAY HUEJN MainB M 54.20 (22.46) (12.01) (5.74) (9.82) 1.80 na na na (1.31) (1.32) na na na 97.56
KELSEY DEVELOPMENTS KDL N MainB M 17.50 3.55 6.06 (2.78) 27.74 17.43 69.61% 12.53 152.01 (2.37) (2.51) 166.76 (9.86) 8.72 2.0 1.4 305.01
ON'ALLY HOLDINGS ONALN MainB M 49.00 - 2.08 (4.67) 5.83 17.50 6.71% 60.88 71.52 19.24 19.55 19.81 12.93 4.09 12.0 0.8 857.54
OVERSEAS REALTY OSEAN MainB D 20.20 0.50 1.00 12.22 44.29 843.48 10.81% 28.66 2,612.95 854.54 748.45 534.29 475.67 3.10 6.5 0.7 17,038.38
PROPERTY DEVELOPMENT PDL N MainB D 62.00 (3.13) (5.20) (2.36) 41.88 66.00 13.52% 48.03 428.60 134.26 104.16 97.16 93.03 6.49 9.5 1.3 4,092.00
SERENDIB LAND SLNDN MainB M 873.00 - (18.50) (20.64) (34.11) 0.36 4.17% 650.72 9.76 2.80 1.94 2.66 2.36 27.12 32.2 1.3 314.28
YORK ARCADE YORKN MainB M 13.00 (1.52) (0.76) (3.70) (10.96) 12.00 6.84% 13.39 11.00 3.64 0.40 0.42 6.54 0.92 14.2 1.0 156.00
SERANDIB ENGINEERING GROUP IDL N DiriSaviB M 89.40 - (0.67) (25.06) (42.32) 6.48 12% 30.45 23.43 (9.03) 14.53 5.69 12.23 3.62 24.72 2.9 579.01
TOUCHWOOD TWODN DiriSaviB M 2.60 - (7.14) (10.34) (55.17) 106.91 na 30.78 na 17.63 (66.07) na na 0.1 277.95
MILLENNIUM HOUSING MHDLN DiriSaviB M 6.00 - - - - 134.68 na na na 808.09
CLOSED END FUND - - - - 19.45% 201.82 134.42 (25.95) 75.91 17.45 3.8 0.7 768.71
NAMAL ACUITY VALUE FUND NAVFU MainB M 71.50 3.62 - 8.66 8.83 10.75 19.45% 96.52 201.82 134.42 (25.95) 75.91 17.45 18.77 3.8 0.7 768.71
Weekly Review by Asia Securities Research 21 March 2014
19
A member of Asia Capital Group
Company Year Price Performance Shares Trailing BVPS Net Profit Trailing Trailing PBV Mkt Cap Mn
End 1W(%) 1M(%) 1Q(%) 1Y(%) Mn ROE 4Qtrs Dec'13 Sep'13 Jun'13 Mar'13 EPS PE
MANUFACTURING 0.32 (0.41) 2.65 11.45 15.60% 12,308.51 3,118.99 2,789.15 2,592.64 3,807.72 8.89 1.39
ABANS ABANN MainB M 100.10 0.60 (0.60) (3.19) 10.62 5.11 19.19% 121.02 118.69 26.80 20.47 28.76 42.66 23.22 4.3 0.8 511.57
ACL CABLES ACL N MainB M 62.00 1.47 (3.13) (4.62) (8.69) 59.89 7.23% 100.04 433.01 143.25 102.32 88.15 99.28 7.23 8.6 0.6 3,713.41
ACL PLASTICS APLAN MainB M 82.00 (11.35) (1.09) 7.19 (5.96) 4.21 9.03% 155.79 59.28 22.67 18.06 10.95 7.60 14.07 5.8 0.5 345.43
ACME ACMEN MainB M 9.00 - (3.23) (2.17) (26.83) 25.61 na 16.03 (69.79) (17.70) (21.03) (23.18) (7.89) na na 0.6 230.52
ALUFAB ALUFN DefaltB M 13.30 2.31 (2.92) (8.90) (22.67) 12.06 na 22.44 (59.51) (3.94) (0.24) (0.19) (55.15) na na 0.6 160.37
BLUE DIAMONDS [V] BLUEN MainB M 3.40 3.03 9.68 9.68 13.33 103.30 na 1.12 (20.75) (8.10) 1.06 (6.87) (6.84) na na 3.0 351.22
BLUE DIAMONDS [NV] BLUEX MainB M 1.20 9.09 9.09 9.09 (20.00) 153.37 na 1.87 (20.75) (8.10) 1.06 (6.87) (6.84) na na 0.6 184.04
BOGALA GRAPHITE BOGAN MainB D 19.00 4.97 - 2.70 (7.32) 47.32 12.57% 4.16 24.76 16.98 (10.40) 2.58 15.60 0.52 36.3 4.6 899.01
CENTRAL INDUSTRIES CINDN MainB M 56.50 0.89 (5.36) (3.91) (10.88) 9.88 7.61% 97.12 73.05 24.90 11.80 10.48 25.87 7.39 7.6 0.6 558.46
GRAIN ELEVATORS GRANN MainB D 36.00 (1.10) 5.88 - (24.21) 60.00 4.33% 46.20 119.96 (15.46) 59.75 58.16 17.52 2.00 18.0 0.8 2,160.00
CHEVRON LUBRICANTS LLUBN MainB D 265.50 (1.70) (4.43) 0.84 22.30 120.00 52.31% 40.33 2,531.90 590.12 609.41 562.51 769.86 21.10 12.6 6.6 31,860.00
DANKOTUWA DPL N MainB D 11.90 (0.83) (5.56) (8.46) (16.20) 72.25 1.35% 11.17 10.91 14.99 4.36 (9.07) 0.62 0.15 78.8 1.1 859.72
DIPPED PRODUCTS DIPDN MainB M 87.00 (3.33) (1.14) (1.36) (20.91) 59.86 13.15% 121.73 958.39 95.43 69.60 413.88 379.48 16.01 5.4 0.7 5,207.95
HAYLEYS FIBRE HEXPN MainB M 28.60 3.25 (3.05) 16.26 5.54 8.00 5.94% 53.93 25.62 3.14 6.50 8.69 7.30 3.20 8.9 0.5 228.80
KELANI CABLES KCABN MainB M 80.00 1.27 (0.12) 14.29 16.96 21.80 10.12% 105.65 232.96 42.42 83.01 47.41 60.12 10.69 7.5 0.8 1,744.00
KELANI TYRES TYREN MainB M 52.70 0.99 0.39 3.24 49.56 80.40 28.08% 26.37 595.18 144.47 187.53 148.61 114.58 7.40 7.1 2.0 4,237.08
LANKA ALUMINIUM LALUN MainB M 28.00 (6.04) (2.44) (5.72) 6.46 13.70 2.99% 42.69 17.48 7.65 20.63 1.07 (11.87) 1.28 22.0 0.7 383.68
LANKA CEMENT LCEMN MainB D 6.10 1.67 (8.96) (7.58) (23.75) 173.51 na na (1.84) (0.74) (0.58) 0.58 (1.10) na na na 1,058.42
LANKA CERAMIC CERAN MainB M 102.70 10.31 6.76 (6.97) 86.05 30.00 12.09% 89.52 324.81 127.32 104.97 (44.66) 137.18 10.83 9.5 1.1 3,081.00
LANKA FLOORTILES TILEN MainB M 76.40 (0.26) 2.96 11.37 17.54 53.05 20.77% 65.17 717.95 196.89 183.37 72.02 265.67 13.53 5.6 1.2 4,053.05
LANKA WALLTILES LWL N MainB M 65.00 4.67 8.51 23.81 20.37 54.60 10.41% 101.38 576.06 203.05 174.00 (61.76) 260.77 10.55 6.2 0.6 3,549.00
LAXAPANA LITEN MainB M 3.60 - (5.41) (10.26) (22.22) 39.00 7.84% 3.90 11.92 0.71 3.69 4.79 2.72 0.31 11.8 0.9 140.40
SWISSTEK (CEYLON) PLC PARQN MainB M 20.80 (0.95) (0.95) 18.86 69.11 27.37 8.38% 22.78 52.24 21.75 14.33 (1.16) 17.33 1.91 10.9 0.9 569.34
PIRAMAL GLASS GLASN MainB M 3.70 2.78 (2.63) (9.76) (39.34) 950.09 25.35% 3.67 884.53 396.99 18.72 358.03 110.79 0.93 4.0 1.0 3,515.32
PRINT CARE CAREN MainB M 31.50 (1.25) 5.00 16.24 12.10 85.97 12.99% 27.19 303.55 90.48 94.93 43.54 74.60 3.53 8.9 1.2 2,707.95
REGNIS REG N MainB D 60.80 (1.93) (4.40) (2.87) 1.50 11.27 12.92% 74.22 108.05 22.39 22.75 21.17 41.74 9.59 6.3 0.8 685.09
RICH PIERIS EXPORTS REXPN MainB M 55.50 0.91 0.18 29.07 86.24 11.16 59.13% 26.72 176.35 39.97 67.41 44.40 24.57 15.80 3.5 2.1 619.59
ROYAL CERAMICS RCL N MainB M 79.00 - (3.90) (2.72) (20.40) 110.79 10.86% 78.11 939.71 333.33 112.26 (79.59) 573.70 8.48 9.3 1.0 8,752.36
SAMSON INTERNATIONAL SIL N MainB M 90.00 2.27 (5.16) (9.27) 8.83 3.85 11.13% 113.09 48.44 21.77 16.74 3.44 6.49 12.59 7.1 0.8 346.32
SINGER INDUSTRIES SININ MainB D 99.60 (6.90) (11.44) (14.10) (19.04) 3.85 1.51% 235.96 13.67 1.21 3.07 3.26 6.14 3.56 28.0 0.4 383.09
SWADESHI SWADN MainB M 15000.00 - - (21.05) 199.98 0.13 30.01% 1096.76 43.01 (4.05) 10.98 10.89 25.18 329.12 45.6 13.7 1,959.99
TOKYO CEMENT [V] TKYON MainB M 35.00 2.94 9.72 28.68 47.68 222.75 25.19% 25.78 2,169.76 512.20 611.53 598.40 447.63 6.49 5.4 1.4 7,796.25
TOKYO CEMENT [NV] TKYOX MainB M 29.10 3.94 3.57 29.46 65.71 111.38 25.19% 25.78 2,169.76 512.20 611.53 598.40 447.63 6.49 4.5 1.1 3,241.01
SIERRA CABLES SIRAN MainB M 1.70 5.88 5.88 - (18.18) 537.51 0.89% 3.10 14.81 7.29 21.12 (12.38) (1.23) 0.03 61.7 0.5 913.77
TEXTURED JERSEY TJL N MainB M 15.80 1.94 3.95 6.76 62.89 655.00 17.86% 9.64 1,127.91 301.39 263.35 240.22 322.95 1.72 9.2 1.6 10,349.04
AGSTAR FERTILIZERS LIMITED AGSTN DiriSaviB M 4.50 2.27 (2.17) (4.26) (18.18) 307.53 5.92% 6.73 129.40 60.61 (12.79) 101.62 (20.04) 0.42 10.7 0.7 1,383.87
AGSTAR FERTILIZERS LIMITED AGSTX DiriSaviB M 15.00 - - - - 17.47 5.92% 6.73 129.40 60.61 (12.79) 101.62 (20.04) 7.41 2.0 2.2 262.11
ORIENT GARMENTS OGL N DiriSaviB M 8.60 - 1.19 6.25 - 54.92 na 10.51 (382.96) (301.20) (83.54) (52.12) 53.90 na na 0.8 472.28
Weekly Review by Asia Securities Research 21 March 2014
20
A member of Asia Capital Group
Company Year Price Performance Shares Trailing BVPS Net Profit Trailing Trailing PBV Mkt Cap Mn
End 1W(%) 1M(%) 1Q(%) 1Y(%) Mn ROE 4Qtrs Dec'13 Sep'13 Jun'13 Mar'13 EPS PE
MOTORS (1.05) 1.71 4.67 5.45 10.06% 2,363.15 565.29 398.08 760.38 639.40 9.23 0.93
AUTODROME AUTON MainB M 899.00 (5.37) 6.92 (9.92) 9.94 1.20 3.13% 770.83 28.98 11.44 3.98 7.25 6.30 24.15 37.2 1.2 1,078.80
COLONIAL MOTORS COLON MainB M 82.50 (4.43) (1.44) 1.23 (2.38) 15.20 na 218.12 (5.16) 26.23 (245.66) 39.66 174.60 na na 0.4 1,254.00
DIMO DIMON MainB M 490.00 (1.21) (4.85) - (2.97) 8.88 2.32% 870.76 179.19 110.70 47.59 28.90 -8.00 20.19 24.3 0.6 4,349.45
LANKA ASHOK ASHON MainB M 1499.00 1.63 7.07 4.53 (12.34) 3.62 na 692.05 (64.08) -3.70 57.46 25.26 -143.10 na na 2.2 5,427.64
SATHOSA MOTORS SMOTN MainB M 235.00 (1.26) (2.08) 4.44 2.44 6.03 28.25% 155.04 264.27 87.17 58.79 48.91 69.40 43.80 5.4 1.5 1,417.90
UNITED MOTORS UML N MainB M 123.10 (1.52) 2.58 10.40 30.26 67.27 24.29% 119.96 1,959.95 333.44 475.91 610.40 540.20 29.14 4.2 1.0 8,280.58
OIL PALMS 5.47 2.10 2.43 (9.82) 5.84% 2,872.68 1,060.76 (1,441.35) 998.24 2,255.03 33.0 1.9
BUKIT DARAH BUKIN MainB M 563.00 3.38 (3.65) (8.38) (21.81) 102.00 7.63% 264.85 2,061.39 945.47 (1,541.49) 511.06 2,146.35 20.21 27.9 2.1 57,426.00
GOOD HOPE GOODN MainB M 1500.00 24.81 34.75 42.68 24.98 6.87 3.12% 779.95 167.20 14.74 14.98 115.50 21.97 24.33 61.6 1.9 10,306.96
INDO MALAY INDON MainB M 1499.90 0.13 0.05 11.11 13.55 7.00 3.44% 750.99 180.72 23.74 18.70 116.61 21.68 25.82 58.1 2.0 10,496.90
SELINSING SELIN MainB M 1305.00 7.71 0.99 25.95 8.82 6.94 4.05% 903.05 253.72 41.71 37.49 137.43 37.10 36.56 35.7 1.4 9,056.80
SHALIMAR SHALN MainB M 1100.00 4.56 21.98 24.74 27.33 6.94 3.93% 767.95 209.64 35.11 28.97 117.64 27.93 30.21 36.4 1.4 7,634.09
PLANTATIONS 1.77 1.48 4.18 (7.02) 7.72% 2,907.14 1,509.71 245.00 (139.35) 1,291.78 8.1 0.63
AGALAWATTE AGALN MainB D 24.20 - 5.22 7.56 (24.38) 25.00 1.02% 48.97 12.51 95.0 14.78 (98.8) 1.5 0.50 48.4 0.5 605.00
BALANGODA BALAN MainB D 29.50 (3.91) (1.67) 7.66 (10.61) 23.64 3.41% 115.10 92.86 (5.2) 40.91 45.7 11.4 3.93 7.5 0.3 697.27
BOGAWANTALAWA BOPLN MainB M 9.10 3.41 (1.09) 7.06 (19.47) 83.75 1.67% 11.77 16.46 (15.9) (8.17) (27.3) 67.9 0.20 46.3 0.8 762.13
HAPUGASTENNE HAPUN MainB D 32.90 (0.30) 8.58 13.45 1.86 46.32 12.60% 42.30 246.96 109.60 28.28 67.52 41.56 5.33 6.2 0.8 1,523.79
HORANA PLANTATION HOPLN MainB M 23.10 1.32 (1.28) 2.21 (11.49) 25.00 9.12% 59.91 136.58 108.00 24.78 (43.85) 47.65 5.46 4.2 0.4 577.50
KAHAWATTE KAHAN MainB D 37.00 8.50 (2.89) (2.63) 8.50 79.89 11.06% 13.46 118.92 99.51 17.50 (70.41) 72.32 1.49 24.9 2.7 2,955.92
KEGALLE KGALN MainB M 100.10 (0.10) 0.60 4.27 (10.63) 25.00 12.76% 131.78 420.28 110.53 125.06 89.27 95.43 16.81 6.0 0.8 2,502.50
KELANI VALLEY KVALN MainB D 80.00 (0.50) 1.27 9.44 (8.88) 34.00 13.73% 82.30 384.13 190.73 33.85 8.57 150.98 11.30 7.1 1.0 2,720.00
KOTAGALA KOTAN MainB M 35.00 - - - (35.19) 40.00 na 79.75 (223.34) 1.31 (246.17) (91.70) 113.22 na na 0.4 1,400.00
MADULSIMA MADUN MainB D 10.30 (1.96) (0.99) (3.85) (13.04) 29.00 na 58.04 (111.04) 26.87 (88.59) (63.48) 14.17 na na 0.2 298.70
MALWATTE VALLEY MAL N MainB D 4.00 2.56 (2.44) (11.11) (4.76) 202.79 9.59% 9.70 207.64 (46.18) 93.26 109.51 51.05 0.93 4.3 0.4 811.17
MALWATTE VALLEY MALX MainB D 3.70 2.78 2.78 (2.63) (11.90) 20.25 9.59% 9.70 207.64 (46.18) 93.26 109.51 51.05 0.93 4.0 0.4 74.93
MASKELIYA MASKN MainB M 9.90 (4.76) 4.17 2.04 (18.70) 53.95 na 25.96 (81.14) 35.39 (120.98) (84.48) 88.93 na na 0.4 534.14
NAMUNUKULA NAMUN MainB M 83.40 (0.24) 4.12 9.59 11.20 23.75 16.25% 85.26 329.13 84.45 111.33 47.08 86.27 13.86 6.0 1.0 1,980.75
TALAWAKELLE TPL N MainB D 30.00 2.04 2.04 29.87 13.64 23.75 10.92% 63.09 163.65 72.41 8.86 (3.02) 85.40 6.89 4.4 0.5 712.50
UDAPUSSELLAWA UDPLN DiriSaviB D 23.20 (0.43) (2.52) (16.85) (5.31) 19.40 9.03% 34.60 60.60 88.44 (59.19) 1.95 29.40 3.12 7.4 0.7 450.05
WATAWALA PLANTATIONS WATAN MainB M 10.30 7.37 6.25 6.25 (9.73) 236.67 10.64% 17.30 435.51 212.10 87.18 11.40 124.84 1.84 5.6 0.6 2,437.67
ELPITIYA ELPLN DiriSaviB M 17.80 4.71 1.71 6.59 4.09 72.87 12.43% 37.89 343.33 190.83 100.00 (13.61) 66.12 4.71 3.8 0.5 1,297.02
MET.RES.HOL MPRHN DiriSaviB M 18.50 (7.04) 5.11 (4.64) (19.57) 17.26 8.06% 42.40 58.99 16.11 (4.31) (19.80) 66.99 3.42 5.4 0.4 319.40
AITKEN SPENCE PLANTATION
MANAGEMENTS
ASPMN DiriSaviB M 45.50 - - - - 21.30 15.79% 87.77 295.11 135.75 86.63 (3.94) 76.66 13.85 3.3 0.5 969.15
HEALTH SERVICES 2.54 5.01 15.57 34.60 12.50% 2,819.66 721.25 597.72 653.63 847.06 18.6 2.32
ASIRI CENTRAL ASHAN DiriSaviB M 250.10 - - 0.12 (3.81) 22.33 na 91.85 (16.58) 11.95 1.81 (10.77) (19.57) na na 2.7 5,585.72
ASIRI SURGICAL AMSLN MainB M 14.00 0.72 26.13 40.00 45.83 528.46 13.29% 7.03 494.02 125.15 101.31 109.98 157.58 0.93 15.0 2.0 7,398.41
ASIRI HOSPITAL ASIRN MainB M 20.00 5.26 3.63 24.22 73.91 1099.09 15.93% 5.58 977.55 267.69 232.09 209.24 268.52 0.89 22.5 3.6 21,981.85
CEYLON HOSPITALS [V] CHL N MainB M 115.00 4.55 0.88 4.55 13.86 25.53 9.84% 78.26 260.97 44.50 64.69 77.62 74.16 7.70 14.9 1.5 2,935.64
CEYLON HOSPITALS [NV] CHL X MainB M 83.00 7.79 (1.07) 10.67 (6.11) 8.35 9.84% 78.26 260.97 44.50 64.69 77.62 74.16 7.70 10.8 1.1 692.67
LANKA HOSPITALS LHCLN MainB M 41.20 - 1.48 - 14.76 223.73 16.72% 18.09 676.77 211.71 122.21 167.53 175.32 3.02 13.6 2.3 9,217.77
NAWALOKA NHL N MainB M 3.20 - - 10.34 6.67 1409.51 10.82% 2.80 426.94 60.24 75.60 100.04 191.05 0.30 10.6 1.1 4,510.42
Weekly Review by Asia Securities Research 21 March 2014
21
A member of Asia Capital Group
Company Year Price Performance Shares Trailing BVPS Net Profit Trailing Trailing PBV Mkt Cap Mn
End 1W(%) 1M(%) 1Q(%) 1Y(%) Mn ROE 4Qtrs Dec'13 Sep'13 Jun'13 Mar'13 EPS PE
SERVICES (1.03) (1.64) (1.21) (1.36) 20.23% 854.40 188.22 (1.53) 77.45 590.26 7.33 1.48
JOHN KEELLS LIMITED JKL N MainB M 69.00 (1.57) (1.71) (1.57) 2.99 60.80 20.32% 51.48 636.03 14.13 (16.29) 78.17 560.02 10.46 6.6 1.3 4,195.20
LAKE HOUSE PRINTING LPRTN MainB M 105.00 1.55 0.10 5.00 2.94 2.94 3.14% 91.21 8.42 5.10 4.74 2.30 (3.72) 2.87 36.6 1.2 308.41
MERC. SHIPPINGS MSL N MainB M 125.00 (1.96) (2.34) 2.46 (7.75) 2.84 45.28% 13.53 17.43 121.00 (38.06) (44.46) (21.05) 6.13 20.4 9.2 355.62
CEYLON PRINTERS CPRTN MainB M 1399.90 1.66 3.69 (3.46) - 0.04 33.39% 426.45 4.98 1.83 2.77 (0.01) 0.40 142.39 9.8 3.3 49.01
KALAMAZOO KZOON MainB M 975.00 (0.07) 8.31 (11.19) (46.43) 0.05 na 620.00 (1.37) (1.56) (0.12) 0.50 (0.19) na na 1.6 48.75
PARAGON PARAN MainB M 620.00 (11.43) (21.93) (28.82) (23.46) 0.10 0.74% 67.13 0.05 0.29 (0.04) 0.37 (0.57) 0.50 1243.6 9.2 62.02
CEYLON TEA BROKERS CTBLN DiriSaviB M 4.10 2.50 (2.38) - (21.15) 114.00 37.64% 1.55 66.34 13.40 21.42 14.80 16.72 0.58 7.0 2.7 467.40
ASIA SIYAKA COMMODITIES ASIYN DiriSaviB M 3.00 - - - - 260.00 21.98% 2.14 122.51 34.03 24.05 25.79 38.65 0.47 6.4 1.4 780.00
STORES AND SUPPLIES 1.46 (1.28) 1.89 (6.64) 1.34% 86.25 175.18 (128.79) (70.80) 110.66 52.45 0.70
COLOMBO CITY HOLDINGS PHARN MainB M 480.00 2.29 (0.10) (3.68) (0.70) 1.27 3.58% 731.35 33.30 0.99 0.15 (4.25) 36.41 26.16 18.3 0.7 610.97
E B CREASY EBCRN MainB M 895.30 0.60 (4.38) 1.88 (5.76) 2.54 0.69% 1250.13 22.02 146.76 (154.15) (51.28) 80.69 8.69 103.1 0.7 2,270.00
GESTETNER GESTN MainB M 134.00 (7.52) 3.00 4.69 (10.67) 2.28 34.55% 53.21 41.88 17.79 8.18 2.98 12.94 18.38 7.3 2.5 305.27
HUNTERS HUNTN MainB M 260.00 4.92 2.85 4.04 (9.62) 5.15 na 433.21 (10.96) 9.64 17.03 (18.25) (19.38) na na 0.6 1,337.70
TRADING 2.26 (1.37) 1.46 (15.88) 5.00% 1,538.79 298.46 (279.09) 849.79 669.64 16.99 0.85
BROWNS BRWNN MainB M 89.00 2.30 2.30 10.83 (25.21) 70.88 8.17% 197.59 1,144.36 63.82 (369.80) 682.21 768.13 16.15 5.5 0.5 6,307.88
C W MACKIE CWMN MainB D 60.00 3.27 (2.28) 8.11 (11.76) 35.99 10.78% 46.93 182.01 50.39 45.73 39.04 46.85 5.06 11.9 1.3 2,159.31
CEYLON FOREIGN TRADES CFT N MainB M 5.60 - - (16.42) 9.80 140.20 2.47% 4.19 14.51 6.40 0.71 6.30 1.10 0.10 54.1 1.3 785.10
EASTERN MERCHANTS EMERN DefaultB M 7.20 1.41 - 4.35 (18.18) 117.45 na 8.28 (62.19) (14.58) (11.08) (8.36) (28.16) na na 0.9 845.61
ENVIRONMENTAL RESOURCES GREGN MainB M 13.00 (1.52) (5.80) (4.41) (16.13) 349.37 na 23.24 (199.63) 105.01 (13.03) (0.43) (291.18) na na 0.6 4,541.77
RADIANT GEMS RGEMN MainB M 47.90 19.75 8.86 14.05 (0.42) 2.40 na 6.18 (5.81) 1.91 (1.08) (3.24) (3.40) na na 7.8 114.96
SINGER SRI LANKA SINSN MainB D 87.00 2.11 (3.33) (3.33) (11.50) 125.21 9.26% 39.65 459.84 93.02 62.79 129.19 174.84 3.67 23.7 2.2 10,893.24
OFFICE EQUIPMENT OFEQN MainB M 1990.00 (9.55) (13.48) (5.24) (20.39) 0.08 na 510.01 10.30 (3.13) 3.65 2.82 6.96 na na 3.9 165.88
TESS AGRO TESSN DiriSaviB M 1.20 9.09 - (20.00) (42.86) 280.00 na 1.43 (4.59) (4.37) 3.02 2.27 (5.50) na na 0.8 336.00
POWER & ENERGY 0.49 3.20 14.45 38.42 24.41% 7,912.95 1,923.71 2,579.54 2,103.17 1,306.53 5.44 1.33
HEMAS POWER HPWRN MainB M 18.20 0.56 5.88 2.86 (13.04) 125.20 11.58% 23.91 346.52 81.19 92.19 101.93 71.22 2.77 6.6 0.8 2,278.64
LANKA IOC LIOCN MainB M 38.30 - 4.05 24.60 91.54 532.53 29.52% 31.15 4,896.45 1,255.63 1,485.31 1,349.62 805.89 9.19 4.2 1.2 20,395.90
VIDULLANKA VLL N MainB M 3.60 - 2.86 - 2.86 477.27 16.34% 2.47 192.52 41.08 71.96 65.52 13.96 0.40 8.9 1.5 1,718.17
VALLIBEL POWER VPELN MainB M 5.60 (1.75) - (1.75) 5.66 747.11 32.14% 2.67 640.74 134.48 256.88 237.22 12.16 0.86 6.5 2.1 4,183.81
LAUGFS GAS LGL N DiriSaviB M 32.10 1.58 1.58 13.83 31.02 335.00 22.83% 18.50 1,634.59 379.33 619.88 270.66 364.72 4.22 7.6 1.7 10,753.50
LAUGFS GAS [NV] LGL X DiriSaviB M 25.80 4.90 7.08 20.66 42.78 52.00 22.82% 18.50 1,634.26 379.33 619.88 270.33 364.72 4.22 6.1 1.4 1,341.60
HYDRO POWER HPFLN MainB M 5.20 18.18 15.56 8.33 (11.86) 109.09 1.18% 7.11 9.15 (8.30) 20.01 9.90 (12.46) 0.08 62.0 0.7 567.26
PANASIAN POWER PAP N MainB M 2.30 - 4.55 (4.17) (17.86) 500.00 15.30% 2.04 156.28 39.21 24.31 62.50 30.26 0.31 7.4 1.1 1,150.00
MACKWOODS ENERGY LIMITED MEL N DiriSaviB M 6.70 1.52 4.69 (8.22) (34.31) 100.00 5.22% 7.04 36.71 1.10 9.00 5.83 20.78 0.37 18.3 1.0 670.00
INFORMATION TECHNOLOGY (2.55) 4.79 16.37 4.06 -195.43% (1,263.24) (179.24) (555.26) (141.61) (387.13) -1.51 2.95
E-CHANNELLING ECL N DiriSaviB M 14.50 (2.74) 5.19 26.79 129.03 122.13 72.54% 1.03 91.34 24.53 42.06 16.85 7.90 0.75 19.4 14.1 1,770.91
PC HOUSE PCH N MainB M 0.40 - - (42.86) (87.10) 343.40 na 1.52 (1,354.58) (203.77) (597.32) (158.46) (395.03) na na 0.3 137.36
TELECOMMUNICATIONS 0.17 2.77 10.29 1.55 10.65% 10,604.03 2,644.73 3,104.45 1,674.34 3,180.52 14.58 1.55
DIALOG TELEKOM DIALN MainB D 9.10 1.11 - 1.11 - 8143.78 13.09% 4.88 5,201.03 1,122.73 1,533.45 950.34 1,594.52 0.64 14.2 1.9 74,108.38
SRI LANKA TELECOM SLTLN MainB D 44.60 (0.67) 5.49 20.44 3.03 1804.86 9.04% 33.13 5,403.00 1,522.00 1,571.00 724.00 1,586.00 2.99 14.9 1.3 80,496.76
ROE:Trailing 4 quarters return on equity Trailing EPS: Trailing 4 quarters earnings per share Price Performance 1W(%):one week price percentage change BVPS: Most recent quarter book value per share Trailing PE: Trailing 4 quarters price to earnings ratio Price Performance 1M(%):one month price percentage change
Net Profit: Trailing 4 quarters net profit PBV: Price to book ratio based on most recent quarter book value Price Performance 1Q(%):one qurter price percentage change
Price Performance 1Y(%):one year price percentage change
Weekly Review by Asia Securities Research 21 March 2014
22
A member of Asia Capital Group
Note : Counters which are newly listed will not have 4 quarter trailing statistics.
Counters which publish six months financials will also not have 4 quarter trailing statistics.
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