FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ 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
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ 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
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» Sri Lanka: Stock Market Fraudsters with Criminal Prosecutions
by D.G.Dayaratne Today at 7:28 am

» hSenid Business Solutions(HBS)
by K.R Fri May 17, 2024 9:08 am

» CBSL Pension Fund vs EPF
by God Father Thu May 16, 2024 9:13 am

» EXPO.N - Expo Lanka Holdings De-Listing
by thankrishan Wed May 15, 2024 1:58 pm

» Nations Trust Bank: Consistent growth
by ErangaDS Wed May 15, 2024 8:46 am

» SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000)
by soileconomy Wed May 15, 2024 4:01 am

» Falsified accounts and financial misrepresentation at Arpico Insurance PLC (AINS)
by DeepFreakingValue Tue May 14, 2024 12:20 am

» Potential Super Gain with HSIG
by Investment 1st Mon May 13, 2024 12:20 am

» ජනාධිපතිවරණය - 2024
by ChooBoy Sat May 11, 2024 11:20 pm

» The IMF's Monumental Malpractices and future of Sri Lanka
by ChooBoy Sat May 11, 2024 11:18 pm

» Sri Lanka: Policy Challenge Addressing Poverty Vulnerability as the Economy Recovers
by ResearchMan Fri May 10, 2024 12:20 pm

» SINS - the Tailwind effects of a crisis hit Economy
by Equity Win Thu May 09, 2024 7:37 pm

» TAFL is the most undervalued & highly potential counter in the Poultry Sector
by atdeane Thu May 09, 2024 7:09 pm

» Sri Lanka: Country Information Report
by God Father Thu May 09, 2024 5:22 pm

» Sri Lanka polls could risk economic recovery
by God Father Thu May 09, 2024 5:12 pm

» AGSTAR PLC (AGST.N0000)
by ResearchMan Thu May 09, 2024 12:21 pm

» Browns becomes world’s biggest tea exporter in deal with LIPTON
by sureshot Wed May 08, 2024 9:51 pm

» Colombo Stock Market: Over Valued against USD!
by ResearchMan Wed May 08, 2024 12:49 pm

» COCR IN TROUBLE?
by D.G.Dayaratne Mon May 06, 2024 9:31 am

» Maharaja advise - April 2024
by celtic tiger Tue Apr 30, 2024 12:01 am

» Srilanka's Access Engineering PLC think and Win
by Dasun Maduwantha Mon Apr 29, 2024 11:40 pm

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by ErangaDS Fri Apr 26, 2024 10:24 am

» UNION ASSURANCE PLC (UAL.N0000)
by ErangaDS Fri Apr 26, 2024 10:22 am

» ‘Port City Colombo makes progress in attracting key investments’
by samaritan Thu Apr 25, 2024 9:26 am

» Mahaweli Reach Hotels (MRH.N)
by SL-INVESTOR Wed Apr 24, 2024 11:25 pm

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube


You are not connected. Please login or register

UML and TAJ are these shares good?

2 posters

Go down  Message [Page 1 of 1]

1UML and TAJ are these shares good? Empty UML and TAJ are these shares good? Fri Apr 08, 2011 9:53 am

chamarahs


Manager - Equity Analytics
Manager - Equity Analytics

guys... what happend to these two sheres........ last 3 months its price down by lot....
is it good to buy........... need your advice...............

2UML and TAJ are these shares good? Empty Re: UML and TAJ are these shares good? Tue Apr 12, 2011 5:42 pm

mark

mark
Expert
Expert

i'll tell you about UML.....
this is points from JKSB research.........when it was at 115,in January.....


*United Motors is the sole distributor of Mitsubishi vehicles in the country with a
market share of 36% of total Japanese brand new vehicle imports in Sri Lanka and 6% of total brand new vehicle registrations in the country in 2010. The company dominates the brand new segments for Japanese trucks,Sports Utility Vehicles (SUVs) and vans with a market share of 64%, 46% and 50%respectively. The company also distributes genuine Mitsubishi spare parts and has workshop facilities for repairs and lubrication services. In addition, they are engaged in distributing Valvoline lubricants and Eagle One car care products.

*UML’s fully owned subsidiary, Unimo Enterprises Ltd., also offers a range of products including import and sale of Perodua cars from Malaysia, JMC commercial vehicles f rom China, Yokohoma tyres from Japan and Apollo tyres from India. The company commenced assembly of the Zotye Nomad SUV with assembly kits imported from China

*A majority of revenue will be driven by sales of Mitsubishi Monteros and other Mitsubishi SUVs, double cabs, Perodua cars, Zotye Nomad and JMC trucks. On the back of the strong performance posted during the 1H FY11 and based on the forecasted performance, this segment’s contribution is expected to increase to 44% by the end of the current financial year. Contribution from motor cycle and three wheeler segments is expected to increase accounting for 18% of revenue by end of FY11. Spare parts and repair and services segments are likely to contribute to 17% of revenue.

*We expect the company’s revenue to grow by 46.7% YoY on the back of an anticipated revenue growth of 60% in the brand new vehicle segment, 30% in spare parts, 30% in repair and services and 25% in motor cycles

*We expect UML to make Rs. 641m in earnings for FY11 amounting to an earnings
growth of 341% YoY. Gross margins are expected to increase marginally over FY11 to
FY12 while distribution costs are expected to increase at a CAGR of 30.83% with planned expansion in the dealer network for spare parts, motor cycles and three wheelers in the coming years. Administration expenses are expected to decline at a CAGR of 2.6% YoY from FY11 onwards and a substantial reduction of 67.3% in interest expenses is expected YoY for FY11.

Cool Cool Cool Cool

Back to top  Message [Page 1 of 1]

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