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

» Hotel Sigiriya (HSIG) most undervalued & huge profit making Hotel
by Chalitha Tharanga Yesterday at 6:44 pm

» Mahaweli Reach Hotels (MRH.N)
by Chalitha Tharanga Yesterday at 6:41 pm

» Banking Sector (3Q 2024)
by ADVENTUS Yesterday at 5:33 pm

» CSE to turn bullish after November 14 poll
by Rare Yesterday at 10:13 am

» ලාභ විජ්ජාව!!
by D.G.Dayaratne Mon Nov 18, 2024 8:11 pm

» Prepare to be blown away..
by cpriya Mon Nov 18, 2024 1:05 am

» ‘Buy the Rumour, Sell the News’
by God Father Sat Nov 16, 2024 12:00 pm

» Asian stocks drift higher amid rate cut speculation; Japan lags
by Rare Sat Nov 16, 2024 9:56 am

» Oil prices fall further
by Rare Sat Nov 16, 2024 9:40 am

» Post-election winners.
by Rare Sat Nov 16, 2024 9:36 am

» Bullish about a sustainable turnaround - CSE Chairman
by Rare Sat Nov 16, 2024 9:25 am

» Plantation Companies
by Rare Sat Nov 16, 2024 9:19 am

» COMMERCIAL BANK OF CEYLON PLC (COMB.N0000)
by EPS Thu Nov 14, 2024 10:31 pm

» People's leasing VS Singer Finance IPO Analysis
by ddrperera Wed Nov 13, 2024 8:18 pm

» Insights into LOLC Advanced Technologies
by samaritan Wed Nov 13, 2024 10:41 am

» LOLC Tech's ambitious plans for global expansion
by samaritan Tue Nov 12, 2024 2:06 pm

» PLANTATION SECTOR
by God Father Sun Nov 10, 2024 8:19 pm

» People's leasing company, a hidden gem? (an analysis)
by Nandana Withanage Sun Nov 10, 2024 6:56 pm

» PEOPLE'S LEASING BUYING SIGNAL Target Price 19 ..PLEASE KEEP EYE ON THIS..
by nilantha suranga Sun Nov 10, 2024 9:16 am

» Peoples leasing technically positive Target Price Rs 20
by Shiranli Sun Nov 10, 2024 7:43 am

» Quarterly Research Updates (Sep 2024)
by God Father Sun Nov 10, 2024 7:42 am

» Peoples Leasing....!!! whts the target?
by rajithasahan Sun Nov 10, 2024 7:35 am

» PEOPLE'S LEASING & FINANCE PLC
by mafasmunaseer Sun Nov 10, 2024 12:45 am

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

CINV,COCO,RHL

3 posters

Go down  Message [Page 1 of 1]

1CINV,COCO,RHL Empty CINV,COCO,RHL Thu May 12, 2011 8:34 pm

avilon

avilon
Senior Equity Analytic
Senior Equity Analytic

CINV,COCO & RHL seems to be in good shape for another run. Mark to Market value adjustments should be in the positive side since most of the shares went up during last quarter. When comparing the prices of shares as at 31/12/2010 with 31/03/2011 prices I think all the above companies should provide amazing results for the last quarter.

Twisted Evil Twisted Evil Twisted Evil

Please share your views on this Very Happy

2CINV,COCO,RHL Empty Re: CINV,COCO,RHL Thu May 12, 2011 9:40 pm

ONTHEMONEY


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

This is a post made by me recently.. Just assess COCO potential..!

Now RAL is trading @ Rs 7/-

COCO value based on RAL

Number of shares owned by Coco in RAL-------- 221,000,000- shares
Share capital of Coco lanka -------------------- 21,600,000- shares
Issued price of RAL ( T/Price) ------------------ Rs 5.70
Additional value created for Coco -------------- 221,000,000 * Rs 5.70 = Rs 1.259,700.00

= Rs 1,259,700,000 / 21,600,000 (shares) ------ Rs 58.31(COCO accounts for Rs 58.31 per share)

The value of Coco Lanka shares may vary according to the trading price of RAFL in future. This is one reason to increase the share prices of the Ceylon Guardian (GUAR), Ceylon investment (CINV) etc, recently since these two companies have considerable stakes in most valued (Blue chips) companies listed in the Colombo stock market. This has already happened in Browns where its share price increases rapidly due to their large stake in Sri Lanka's largest private commercial bank HNB. Further share price of DFCC has a direct link to the COMB( N) trading price since DFCC has a considerable stake in COMB (N) etc.

Additional value for Coco if RAFL trade @ Rs 5.70 /share = ( 221,000,000 * Rs 5.70) /21,600,000
= Rs 58.31 / share
Additional value for Coco if RAFL trade @ Rs 5.80 /share = Rs 59.34 / share
Additional value for Coco if RAFL trade @ Rs 5.90 /share = Rs 60.36 / share
Additional value for Coco if RAFL trade @ Rs 6.00 /share = Rs 61.38 / share
Additional value for Coco if RAFL trade @ Rs 6.10 /share = Rs 62.41 / share
Additional value for Coco if RAFL trade @ Rs 6.50 /share = Rs 66.50 / share
Additional value for Coco if RAFL trade @ Rs 7.00 /share = Rs 71.62 / share

These values for Coco Lanka arrived at, are purely considering the future trading price of RAL. Further Coco Lanka has its own business interests in the field of coconut based products, organic products, manufactures & exports ceylon tea etc. From these business interests and investment trust Coco has reported E.P.S. of Rs 10.6 & NAV per share of Rs 40.47 as at 31/03/10. Since Coco lanka is in the field of Agricultural related business activities we can expect continuous improvements in their bottom line in future.

There for we believe that RAL performance in future will directly has a relationship in the future share price of COCO LANKA.

How ever investors reacted negatively for the announced rights issue by Coco lanka. Main reason for this may be many of them expect a subdivision from the company. If we looked at the recent past investors who subscribe for rights issues were winners in all corners. ( CHL, LDEV,MARA,RHL,LION,)etc.

Gud Luck

3CINV,COCO,RHL Empty Re: CINV,COCO,RHL Thu May 12, 2011 10:33 pm

Rajitha

Rajitha
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

UKboy wrote:
ONTHEMONEY wrote:This is a post made by me recently.. Just assess COCO potential..!

Now RAL is trading @ Rs 7/-

COCO value based on RAL

Number of shares owned by Coco in RAL-------- 221,000,000- shares
Share capital of Coco lanka -------------------- 21,600,000- shares
Issued price of RAL ( T/Price) ------------------ Rs 5.70
Additional value created for Coco -------------- 221,000,000 * Rs 5.70 = Rs 1.259,700.00

= Rs 1,259,700,000 / 21,600,000 (shares) ------ Rs 58.31(COCO accounts for Rs 58.31 per share)

The value of Coco Lanka shares may vary according to the trading price of RAFL in future. This is one reason to increase the share prices of the Ceylon Guardian (GUAR), Ceylon investment (CINV) etc, recently since these two companies have considerable stakes in most valued (Blue chips) companies listed in the Colombo stock market. This has already happened in Browns where its share price increases rapidly due to their large stake in Sri Lanka's largest private commercial bank HNB. Further share price of DFCC has a direct link to the COMB( N) trading price since DFCC has a considerable stake in COMB (N) etc.

Additional value for Coco if RAFL trade @ Rs 5.70 /share = ( 221,000,000 * Rs 5.70) /21,600,000
= Rs 58.31 / share
Additional value for Coco if RAFL trade @ Rs 5.80 /share = Rs 59.34 / share
Additional value for Coco if RAFL trade @ Rs 5.90 /share = Rs 60.36 / share
Additional value for Coco if RAFL trade @ Rs 6.00 /share = Rs 61.38 / share
Additional value for Coco if RAFL trade @ Rs 6.10 /share = Rs 62.41 / share
Additional value for Coco if RAFL trade @ Rs 6.50 /share = Rs 66.50 / share
Additional value for Coco if RAFL trade @ Rs 7.00 /share = Rs 71.62 / share

These values for Coco Lanka arrived at, are purely considering the future trading price of RAL. Further Coco Lanka has its own business interests in the field of coconut based products, organic products, manufactures & exports ceylon tea etc. From these business interests and investment trust Coco has reported E.P.S. of Rs 10.6 & NAV per share of Rs 40.47 as at 31/03/10. Since Coco lanka is in the field of Agricultural related business activities we can expect continuous improvements in their bottom line in future.

There for we believe that RAL performance in future will directly has a relationship in the future share price of COCO LANKA.

How ever investors reacted negatively for the announced rights issue by Coco lanka. Main reason for this may be many of them expect a subdivision from the company. If we looked at the recent past investors who subscribe for rights issues were winners in all corners. ( CHL, LDEV,MARA,RHL,LION,)etc.

Gud Luck

If Im not mistaken COCO already sold their stake in RAL. Rolling Eyes Rolling Eyes Rolling Eyes

lol! lol! lol!

Sponsored content



Back to top  Message [Page 1 of 1]

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