| Top 10 Stocks | Search |
| Tweet |
‘‘Net Income increases 16% YoY during 3Q2012 as NIMs continue to creep up” ANALYST SIGNAL: ‘ACCUMULATE’ Excerpts of the attached: Earnings Talk : COMB’s net earnings climbed up 12% YoY to LKR2,303 mn during 3Q2012 broadly in line with our expectations with 1-3Q2012 net profit reading LKR7,623 (up 25% YoY). The bank’s Net Interest Income [...]
| Tweet |
ANALYST SIGNAL – ‘A STEADY PLAY, IN BOTH EARNINGS & SHARE PRICE’ ‘CTC remains protected by price increases despite a volume decline of 2.9% YoY for 1-3Q2012’ Excerpts of the attached: Earnings Talk : CTC continues with growth figures as a 15.7% YoY growth Is reported in 3Q2012 whilst the YTD profit figure is given [...]
| Tweet |
2013 Budget though it lacked major reforms, has consolidated the direction set by government in 2011 budget to achieve its growth targets for 2011-2015 time framework. It has given consideration to strengthen the small enterprises while providing room for expansion of larger businesses. Budget has further streamlined the taxation, continuing from previous budget. The deficit [...]
| Tweet |
PEOPLE’S LEASING & FINANCE [PLC: LKR12.3] ANALYST SIGNAL: ‘ACCUMULATE’ Excerpts of the attached: Earnings Talk : People’s Leasing & Finance’s net earnings remained broadly flat during 2QFY13 on a YoY basis (down 1% YoY to LKR795 mn), whilst profit recovered on a QoQ basis registering a 12% growth QoQ with net interest margins initiating [...]
| Tweet |
ECONOMIC OUTLOOK Policy measures showing results; Economy gearing up for high growth amidst a gloomy global outlook… Economic Summary: Better times ahead… The policy measures introduced in February 2012 stemmed a steep slowdown in the economy by June 2012. The imports fell sharply positively affecting the trade deficit while higher interest rates and limits on [...]
| Tweet |
Fitch Ratings-London/Colombo-24 September 2012: Fitch Ratings has assigned the Ceylon Income Fund a ‘A-(lka)’ National Fund Credit Rating. This is the first fund rating assigned by an international rating agency in Sri Lanka. The fund primarily invests in corporate debt instruments and is managed by Ceylon Asset Management (CAM). KEY RATING DRIVERS: The ‘A-(lka)’ National [...]
| Tweet |
GLAS enjoys a c.90% market share in Sri Lanka. CAL expects GLAS’s production volume to increase at a FY13-15E CAGR of c.12% driven primarily by Sri Lanka’s increasing alcohol consumption (FY13-15E CAGR of c.16%). This translates to a revenue CAGR of c.19% and based on conservative cost estimates, EPS should grow at a CAGR of [...]
| Tweet |
Fitch Ratings-Colombo/Seoul/Singapore-21 September 2012: Fitch Ratings Lanka has assigned People’s Leasing Company PLC’s (PLC, ‘AA-(lka)’/Stable) proposed commercial paper issue of up to LKR500m a National Short-Term ‘F1+(lka)’ rating. A full list of PLC’s ratings is provided at the end of this commentary. The proposed notes will have a tenor of one year, and will be [...]
| Tweet |
Dolphin Hotels PLC (STAF) had a five-year revenue CAGR of 18.8% aided by an average occupancy of ~ 84% for FY 2007-2012. We forecast consistent expected occupancies to contribute towards stable revenue growth for STAF. However, we believe that the growth in Average Room Rates (ARR) will be marginal during the forecast period. We expect [...]
| Tweet |
Fitch Ratings-Colombo/Seoul/Singapore-19 September 2012: Fitch Ratings Lanka has affirmed Seylan Bank PLC’s (Seylan) National Long-Term rating at ‘A-(lka)’. The Outlook is Stable. A full list of the bank’s ratings is provided at the end of this commentary. Seylan’s rating reflects Fitch’s expectations of support from the State of Sri Lanka if required, given the bank’s [...]
| Tweet |
Company Profile DCSL Group lead by its flagship Distilleries Company of Sri Lanka PLC, manages one of the nation’s most successful diversified blue chip portfolios spanning beverages, telecommunications, plantations, hotels textiles, financial services, creative and media services and logistic services. The DCSL Group is among the top 5 corporate conglomerates in Sri Lanka. The Distilleries [...]
| Tweet |
The prevailing gloomy economic condition in Sri Lanka arising from inflationary pressure, rising interest rates, deprecating rupee and rising energy cost has exposed firms to a high degree of earnings volatility and risk. Thereby, sustainability of recording strong earnings and margins has become uncertain. Despite the above factors, GLAS with their monopolistic status so far [...]
Choose your theme color - Blue Pink Green Purple Red
© 2013 Colombo Stock Watch.
