Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum 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
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post
Market Place

Add an ad

View all ads

Latest topics

» AEL going up short term for gota coming is only chance for trading
by sanjulanka Yesterday at 11:32 pm

» ගෝඨාභය නෙමෙයි පුටින් ආවත් market එක ගොඩ ගන්ඩ බෑ
by Eng Krishantha Yesterday at 11:11 pm

» NEST going to run?
by player Yesterday at 8:32 pm

by rukshan1234 Yesterday at 8:19 pm

» Central Bank Reduces Its Policy Interest Rates
by Trader321 Yesterday at 3:54 pm

» Market gonn hit with the CB rate cut :
by Trader321 Yesterday at 3:09 pm

» Positive News
by Promoney Yesterday at 2:38 pm

» Chevron will go down further in fundamentals
by player Sat Aug 24, 2019 9:18 pm

» Questionnaire on the stock market investor behavior in the Sri Lankan share market
by gayani2018 Sat Aug 24, 2019 9:41 am

» Capital trust recommended to buy AEL ..Target Price Rs.24.50
by Eng Krishantha Sat Aug 24, 2019 1:45 am

» when you invest in a company call that company and ask some thing
by ThilinaM Fri Aug 23, 2019 3:47 pm

» read this carefully - thease dumb investment advisors will advise when gsp received teejay operation would be better
by ThilinaM Fri Aug 23, 2019 1:21 pm

» Rocell undervalued
by ThilinaM Fri Aug 23, 2019 12:36 pm

» Friends I read a book traders are loosers
by ThilinaM Fri Aug 23, 2019 12:34 pm

» Scared of silence of MS and next 2 Fridays
by samaritan Fri Aug 23, 2019 9:11 am

» The Central Bank of Sri Lanka Reduces its Policy Interest Rates
by TraderCSE Fri Aug 23, 2019 7:50 am

» AAIC - Profit over one billion!!!!!
by wisdom79 Fri Aug 23, 2019 7:44 am

» Why AAIC Should trade above RS.50/-
by wisdom79 Fri Aug 23, 2019 7:43 am

» CIND බලාගෙනයි
by ThilinaM Thu Aug 22, 2019 3:50 pm

» PAP (Pan Asia Power PLC) Dealings Directors
by Capton KIng Cool Thu Aug 22, 2019 8:54 am

» JKH will touch 175 very soon
by soileconomy Thu Aug 22, 2019 7:27 am

» EMER...?????
by roshan1039 Thu Aug 22, 2019 12:16 am

» What is your trading preference?
by biglivetrade Wed Aug 21, 2019 4:24 pm

» RENUKA HOLDINGS Target 50.00
by ThilinaM Wed Aug 21, 2019 1:34 pm

» CIND , 10% guaranteed return
by Bakka1988 Wed Aug 21, 2019 12:51 pm

» lOFC definitely will hit 6/-
by Winner123 Wed Aug 21, 2019 11:18 am

» ASHO අර්ජුන් මහේන්ද්‍රගේ බෑන විකුණනවද කොහෙද
by Bakka1988 Wed Aug 21, 2019 11:11 am

» PAP (Pan Asia Power PLC) Apointiment of Director Mr.Sangith Senaka Kakiriwargodage.
by samaritan Wed Aug 21, 2019 10:03 am

» SEC charges four stockbrokers over market manipulation
by player Wed Aug 21, 2019 9:40 am

» Sri Lankan Billionaire Dhammika Perera may Spend Rs. 10 Billion for a Presidential Campaign without any Risk! His Daily Casino Profits said to be over Rs. 50 Million
by nuwanmja Wed Aug 21, 2019 9:39 am

» MGT - Collect n keep
by samaritan Wed Aug 21, 2019 8:05 am

» Browns investments
by Winner123 Tue Aug 20, 2019 9:35 pm

» ASHO will hit moon. Deal with SLTB
by Bakka1988 Tue Aug 20, 2019 9:11 pm

» GLASS (piramal glass ceylon plc) from
by MarketWch Tue Aug 20, 2019 10:20 am

» Elcection Commisioner( MACO)
by Capton KIng Cool Tue Aug 20, 2019 8:59 am

» Presidential election will be held on 16 th of November to 7th of December
by rukshan1234 Mon Aug 19, 2019 11:30 pm

» Which Trading System Or Strategy Is The Most Profitable?
by Teller Mon Aug 19, 2019 8:13 pm

» NEST will touch Rs2000 soon
by Bakka1988 Mon Aug 19, 2019 5:41 pm

» Gotabaya Rajapaksha will named after 10th August. Aspi will move above 6500
by samaritan Mon Aug 19, 2019 11:59 am

» CFVF.N0000 - Target price Rs.60- Donnt sell
by Trader321 Mon Aug 19, 2019 10:06 am

» CFVF.N0000 - Really started Again ..........
by Trader321 Mon Aug 19, 2019 9:59 am

» LOLC Holding( LOLC N.0000)
by Capton KIng Cool Mon Aug 19, 2019 8:45 am

» LOLC Holding( LOLC N.0000) MICRO FINACE In Cambodia
by Capton KIng Cool Mon Aug 19, 2019 8:43 am

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » LHCL is the today winner(Target Price Rs.100/-)

LHCL is the today winner(Target Price Rs.100/-)

Go down  Message [Page 1 of 1]


The Lanka hospitals Or known as Appollo hospitals is considered as the market leader among sri lankas private hospitals. They are the number one service provider in the industry from president,ministers to ordinary people. In the past two years company has delivered competitive returns in terms of sales,net profit,retained earnings, net book values, zero level debt in balance sheet ( 0 peg ratio)and. continuous dividend payment has proved it success.

The Group Profit Before Tax (PBT) of Lanka Hospitals Corporation stood at Rs.428 million for the first six months
(30Th June)
of the financial year 2015. This was an 81 percent increase compared to Rs. 236 million recorded in the
corresponding period of the financial year 2014.
The revenue for the first half of the financial year 2015, increased by 20 percent to Rs.2.65 billion compared to
Rs.2.21 billion recorded during the corresponding period of the fiscal year 2014.

Jan 2015- June 2015 EPS 1.66
July 2015-Dec 2015 (F) EPS 2.32
Hospital sector market PER minimum 22.5x in sri lanka ( 40-45 % in world)
Share price should be adjusted to Rs.89.55

Revenue 2014 Rs. 4,491mn, 2013 Rs 4,071mn , 2012 3,405 mn
Profit before interest & tax Rs. 2014 Rs.504 2013 Rs. 607 ,2012 Rs. 337

Profit after tax 2014 Rs. 565mn 2013 688 mn, 2012 386 mn

Annual revenue growth 2014/13/12 % 10% 20% 15%

Gross profit margin 2014/13/12 57% 58% 55%

Operating Profit Margin 2014/13/12 11% 15% 10%

Net Profit Margin 2014/13/12 13% 17% 11%

Earnings per share 2014/13/12 Rs. 2.53 ,3.08 ,1.73
Net Assets Per share 2014/13/12 Rs. 20.34 ,18.14 16.22

Other factors
Fortis Global Healthcare Holdings Pte Ltd owns 64,120,915 shares but most them are purchaed Rs.100 plus.,

Net asset value ( PBV is very low compare with other hospitals) per share Rs 21.20 ( Asiri hospitals has Rs.5 net asset value but trade above 20/-)

Huge retained earnings Rs.1038 million

The best cash flow i Never seen any CSE company Rs.1079 million and company runs with out any bank loan ( only bank OD )

The market leader and government own more than 50% and the largest Sri Lanka insurance is forwarding their all clients to LHCL.

Increasing of disposable income,increasing of insurance policies,tourism boom, more Maldivian citizens trusty.

Positive technical factors. PV Graph shows 77.50 with semi bullish inner circles.

Below 10 million shares are available to trade and there is a more chance to buy back the rest of shares( last couple of months foreign buying witnessed.)

20 Share holders holding 95% of total shares. 30Th June 2015 share holding as follows.

1. Sri Lanka Insurance Corporation Ltd - Life Fund 66,097,350 29.54%
2.Fortis Global Healthcare Holdings Pte Ltd 64,120,915 28.66%
3.Sri Lanka Insurance Corporation Ltd - General Fund 56,080,643 25.07%
4.Property Development PLC 21,329,000 9.53%
5.HSBC INTL Nom Ltd BBH-Grandeur Peak Emerging markets Opportunities fund 1,640,200 0.73%
6.Bank of Ceylon A/c Ceybank Unit Trust 1,039,745 0.46%

one of Competitors Asiri hospitals Earning per share Rs. 1.29 For the period of 2014/15 and trade around 20x PE multiples. But it trades around 20 rupees. ASIR assest value rs.5.48 in that scenario it trade 4 times of its Assest value. LHCL Trade 2 times of its asset value. In that scenario it should trade above 80/-.
By considering all the matters ,LHCL MUST TRADE ABOVE 70/- at the moment. (Now @ 52/-)
Best of luck


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics


LHCL Follows ABANs pattern in PV graphs. This is a winning stock surely. 95% Holdings are not available for trading. 0 debt balance sheet. Definitely 65-70 will touch . Trust me and buy. Guaranteed results

Teller said is said..


Lot of stocks will adjust to bull market P/E ratio during remaining stages of current bull market as they are trading great discount to the market.

Sponsored content

Back to top  Message [Page 1 of 1]

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