What will be the future of Browns?

swarnasana wrote:Will Browns go up more?

gamaya wrote:Question is how much is the EPS of Browns without the Capital Gain. Can any one help in this.....

achala75 wrote:

swarnasana wrote:Will Browns go up more?

Most of the members are talking about BFL ,GRAIN,TFL,CFLB,LCEY etc.But only few members have noticed the value of BROWNS . If someone could do a study comparing the PE of those stocks with Browns u will be socked. Just take the figures of BFL.

Share Price EPS(9 months) EPS(Annualised) PE

BFL 410 23.60 31.40 13
Browns 273 35.60 47.46 5.75

(some figures are rounded)
I think nobody has noticed the value of Browns. In my view it will go up very soon once the foreign investors start buying.

mono wrote:

gamaya wrote:Question is how much is the EPS of Browns without the Capital Gain. Can any one help in this.....

look at it this way for a net profit of 1.3bn they were taxed only 79mn generally income tax is around 20%(this figure maybe wrong) that should give you a general idea about how much operating profits they actually made

ShareShares wrote:

achala75 wrote:

swarnasana wrote:Will Browns go up more?

Most of the members are talking about BFL ,GRAIN,TFL,CFLB,LCEY etc.But only few members have noticed the value of BROWNS . If someone could do a study comparing the PE of those stocks with Browns u will be socked. Just take the figures of BFL.

Share Price EPS(9 months) EPS(Annualised) PE

BFL 410 23.60 31.40 13
Browns 273 35.60 47.46 5.75

(some figures are rounded)
I think nobody has noticed the value of Browns. In my view it will go up very soon once the foreign investors start buying.

BRWN continue to produce better financials in successive quarterly reports, there is no doubt about their potential.
Diversified sector as well as Banking and Finance sector continue to produce steady improvement in EPS results. Especially BRWN, DIST, CFLB, SAMP and COMB could produce quarter on quarter improvement in financials. Their fundamentals are extremely good and it is possible for the investors to confidently rely upon their future growth potential

Some of the shares which need to keep an eye in diversified groups, tourism sector, transport and ports related PLCs. Are

BRWN, CONN,DIST,LFIN,DOCK,

HAYL,JKH,RCL,SAMP,SMLL,SPEN,

COMB,AHUN,LCEY,RHTL, and CFLB.

These are some of the businesses which could continue to produce expanding financials in the coming quarters and in forth coming annual reports.

mono wrote:

gamaya wrote:Question is how much is the EPS of Browns without the Capital Gain. Can any one help in this.....

look at it this way for a net profit of 1.3bn they were taxed only 79mn generally income tax is around 20%(this figure maybe wrong) that should give you a general idea about how much operating profits they actually made

slstock wrote:
Looks like if BRWN breaks the 300 barrier it can shoot up much more. Since the share had gone up a bit within the last few days, am also watching whether this will come down/stagnate or further up? Looking at the volume today it seems there is interest to go up further?

Any comments guy?

econ wrote:I was thinking of buying at 250 last week. but it seems go up to 296 in just two days.
damn this cse is too fast. it you were away for several days then too late..

slstock wrote:

econ wrote:I was thinking of buying at 250 last week. but it seems go up to 296 in just two days.
damn this cse is too fast. it you were away for several days then too late..

Maybe we can still join a shorter run if we are lucky?

ShareShares wrote:

ShareShares wrote:

achala75 wrote:

swarnasana wrote:Will Browns go up more?

Most of the members are talking about BFL ,GRAIN,TFL,CFLB,LCEY etc.But only few members have noticed the value of BROWNS . If someone could do a study comparing the PE of those stocks with Browns u will be socked. Just take the figures of BFL.

Share Price EPS(9 months) EPS(Annualised) PE

BFL 410 23.60 31.40 13
Browns 273 35.60 47.46 5.75

(some figures are rounded)
I think nobody has noticed the value of Browns. In my view it will go up very soon once the foreign investors start buying.

BRWN continue to produce better financials in successive quarterly reports, there is no doubt about their potential.
Diversified sector as well as Banking and Finance sector continue to produce steady improvement in EPS results. Especially BRWN, DIST, CFLB, SAMP and COMB could produce quarter on quarter improvement in financials. Their fundamentals are extremely good and it is possible for the investors to confidently rely upon their future growth potential

Some of the shares which need to keep an eye in diversified groups, tourism sector, transport and ports related PLCs. Are

BRWN, CONN,DIST,LFIN,DOCK,

HAYL,JKH,RCL,SAMP,SMLL,SPEN,

COMB,AHUN,LCEY,RHTL, and CFLB.

These are some of the businesses which could continue to produce expanding financials in the coming quarters and in forth coming annual reports.

I personally think it is important to go by corporate financial performances. BRWN demonstrate a steady growth mainly based on financials all those so called rallies did not last long prices tend to came down after a peak. Those businesses like BRWN which came out with expected finals continue to show an upward movement. BRWN and CFLB continue to produce good results. I personally think about medium term investments rather than unsustainable rallies. BRWN is a steady well managed growing group of companies.

hasi84 wrote:Did anyone notice that the big leap in BRWN profits was due to the decrease in minority interest. I suspect this is due to divesting 20% of its holdings in Free Lanka Capital holdings (FCHL)!
BRWN had invested in Maturata and Pussellawa plantations, HPFL through FCHL.
due to the reason explained above we cannot simply multiply the quarterly eps by 4 to calculate forward earnings.
As per the tax issue raised by MONO i suspect the effective tax rate is low due to profits from plantations and capital gains been tax free!