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Company Profile Apollo Hospitals has been re launched as Lanka Hospitals. While they aim to expand service portfolio, assure all stakeholders of commitment to offering benchmark healthcare services to patients. Specialties Lanka Hospitals brings to the heart of Sri Lanka a world class healthcare experience. A comprehensive range of medical services are offered by highly [...]
OVERVIEW Central Investments & Finance Limited (CIFL) is the investment banking outfit that carries the stamp of solidarity and reliability of its parent Aspic Corporation Limited an emerging force in the Sri Lankan corporate spectrum. Strength, integrity, efficiency, professional expertise quantifies the difference that CIFL is a leading Investment Company headquartered in Sri Lanka completely [...]
During the four day week some stocks rebounded slightly on Wednesday and Friday after two consecutive days of falls. This was caused mainly due to slight price increases of high market capitalization stocks such as SPEN, COMB, SLT and JKH. Forced selling has been continuing in line with the policy of the regulator Securities and [...]
Prospective valuations and recommendation HHL’s share price has increased from Rs.24.00 on 31st March 2010 to Rs.46.00 at the end of 31st March 2011. Currently trades around Rs.43. DPS have increased from Rs.0.36 on 31st March 2010 to Rs.0.70 at the end of 31st March 2011. Dividend Cover has decreased from 4.9 times to 3.4 [...]
It was a quite an overwhelming week for the Colombo Bourse with both ASPI and MPI ascending in value evidencing early signs of recovery. Market witnessed upswing at a row, except for Monday and Friday backed by returned buying and improved investor interest. Lanka Orix Finance and Vallibel One Limited made their debut during the [...]
Market turnover narrowed down further denoting a more subdued sentiment. Overall MPI has been on a continuous struggle further dampening investor sentiment as well as the prospects of a more credible recovery in the Colombo Stock Exchange. Due to the burden of high debtors which resulted in forced selling by brokers, the overall weekly performance [...]
Textured Jersey Lanka Limited is jointly owned by Pacific Textile Holdings Limited through its wholly owned subsidiary, Pacific Textured Jersey Holdings Limited holding 45.6% of the Company and Brandix Lanka Limited holding 34.3%. The remaining 20.1% stake is owned by the public. Pacific Textiles Holdings Limited is a listed Company in the Hong Kong with [...]
Stocks rebounded slightly on Friday after four consecutive days of falls. This was caused mainly due to slight price increases of high market capitalization penny stocks. According to the Director General of the Securities and Exchange Commission Mr. Malik Cader the prevailing down trend has caused companies to re-assess their Initial Public Offers. He further [...]
Sri Lanka a small island in the Indian Ocean with a land area of over 65,000 square kilometers is proud of an amazing history and geographical diversity. Within a three hour time span, you can move from beautiful beaches at 32 degrees Celsius to spectacular mountains of temperature around 16 degrees Celsius. Furthermore, Sri Lanka [...]
Browns Investments Limited (BIL) is a joint venture between Brown & Company PLC and Taprobane Holdings Limited with a mutual shareholding of 27.07% each. BIL is an investment company that has a wide spectrum of business portfolio ranging from plantations to construction and engineering, manufacturing, power generation, telecommunication and leisure sector. BIL was initially incorporated [...]
It was a sluggish week for the Colombo Bourse with weakened investor sentiment and quite low overall investor participation. Market declined in value over the week, however evidenced a slight recovery towards the end, closing the week on a green zone. The key elements for the market nose dive in our view are, tightened liquidity [...]
Overview LAUGFS Gas (LG) is a fully owned subsidiary of Laugfs Holdings Limited which has diverse interests in Petroleum, Lubricants, Real Estate, Modern Trade, Leisure, Solid Tyres, Emission Testing & Value added Coir. LG is a Board of Investment of Sri Lanka (BOI) approved venture and the first indigenous energy (LPG) company in Sri Lanka. [...]