Where are other reports

Arena · 1 Where are other reports Fri May 17, 2013 8:30 pm

Arena

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Dear friends ,

I am waiting to see the quarter results of these companies but only very few issued. All most all the main board companies should issue their reports by 15 th of this month if i am not mistaken.

Has any thing misunderstood by me?

Gaja · 2 Re: Where are other reports Fri May 17, 2013 8:34 pm

Gaja

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For the March year end companies they can publish the reports till end of the month, since its the year end.

sriranga · 3 Re: Where are other reports Fri May 17, 2013 8:37 pm

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http://www.cse.lk/pdf/FAQ_6_5_2009.pdf

Arena · 4 Re: Where are other reports Fri May 17, 2013 9:12 pm

Arena

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Yep ,
then all the companies i want to see should be March end. Aiyo salli
waiting for MPRH MASK Richard p Exp. Hey Exp. Aban
he he lets wait then

thank you friends

Slstock · 5 Re: Where are other reports Sat May 18, 2013 2:57 am

Slstock

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Wonder why they all have to wait till the last minute ( may end)

Does anyone have a direct link to Default board at CSE ?

Arena,

Didn;t mask, mprh, rich exp , aban all increase somewhat?

Arena · 6 Re: Where are other reports Sat May 18, 2013 8:22 am

Arena

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Yep slstock
all those had small runs and my entire portfolio is green at the movement. But i will never sell RPEX HELYEX and ABAN since those are real gems for me at these levels.

Specially HEYLY EXPORT under DPs management with 50+ NAV and good EPS also trading at 30.

MPRH reported a 6+ EPS last quarter with above 15 per share inventory accumulation in the balance sheet which erode the cash flow for some extend. So i believe they would have released those inventories to the mkt by reporting a huge cash inflow. Only 16m issued shared and If Mr. Ambani decide to take some money to his home country we can see a unimaginable dividend payment. Tea prices are still at peak if continues i wont sell MPRH and MASK as well.

This time i totally stopped the rotation among stocks believing we will see real bulls in next quarter. SLT, NEST results will drive the mkt with the support of BUKI family and banking sector. DPs companies are always adding 10 to 15% to their earnings each quarter. One good share missed is MGT since i cant stuck money for 2 years.

I didnt say about RPEX ................................RPEX can be the next healthy, less liquid share to touch the sky. This quarter seems again they can report a record earnings with low rubber prices. They are in the turn around stage and earnings are really superb but Balance sheet is the issue due to past losses recorded. Will see how they turn the financial position .........

tc

The Alchemist · 7 Re: Where are other reports Sat May 18, 2013 1:32 pm

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Arena wrote:
MPRH reported a 6+ EPS last quarter with above 15 per share inventory accumulation in the balance sheet which erode the cash flow for some extend. So i believe they would have released those inventories to the mkt by reporting a huge cash inflow. Only 16m issued shared and If Mr. Ambani decide to take some money to his home country we can see a unimaginable dividend payment. Tea prices are still at peak if continues i wont sell MPRH and MASK as well.
tc

Ambani's of Metropolitan are Sri-Lankan. Not to be confused with the Indian Reliance Ambani's, Mukesh & Anil.

Arena · 8 Re: Where are other reports Sat May 18, 2013 6:36 pm

Arena

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Really i thought Its reliance. Thanks macho.............

udeni · 9 Re: Where are other reports Sat May 18, 2013 7:01 pm

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Arena,
Hayleys Fibre PLC (HEXP) unaudited results as at 31st March 2013 are published. Good results. I too have some in my portfolio and am waiting for the run to sell my stuff.

http://www.cse.lk/cmt/upload_report_file/768_1368700346644.pdf

Arena · 10 Re: Where are other reports Sat May 18, 2013 8:08 pm

Arena

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Tks Udeni ,

I am not going to sell this for sure. Still DP just started his restructuring program. first of all he will reduce the cost drastically and then only he move to increase the revenue. Now wt we see in HEXP and MGT both is the first stage. Drama is yet to start.

There are very little number of shares available in the mkt and NAV is very healthy at 53. Below 55 i wont sell...................

HEXP and REXP both are very interesting. In REXP resent income statements were strong but Balance sheet looks horrible. In HEXP balance sheet is great Income statement looks ok. So HEXP should trade above REXP.

Please note i hv both.

salt · 11 Re: Where are other reports Sun May 19, 2013 11:44 am

salt

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HEXP , i am not going to tell anything

Yes, DP is bright guy in restructuring local business
but, when it come to international business, you cant play those games
those fiber business can never make money
i highly doubt whether they will ever come out with mgt, now they are keeping it for pride
if its me, i have already sold MGT or starts making knitted gloves insisted
those unrealisable NAV, who will care
even if they want to sell, nobody will buy those fiber business

Arena · 12 Re: Where are other reports Sun May 19, 2013 3:48 pm

Arena

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Really i dont understand the business of MGT but for sure DP will sell if he realize this is not fit to his strategy. High debt is one of the major issue with MGT.