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
Sri Lanka Equity Forum
Would you like to react to this message? Create an account in a few clicks or log in to continue.

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

සිංහල පරිවර්තනය
Contribute
Submit Post

Submit Post

Latest topics

» KVAL Share
by judecroos Today at 6:20 am

» Glass Share Prices ++
by svkiruba8@gmail.com Today at 6:14 am

» SANASA DEVELOPMENT BANK PLC (SDB.N0000)
by arunaupendra Today at 5:43 am

» බැංකු නොවන මූල්‍ය සමාගම්වල අනාගතය මෙන්න
by wealth123 Today at 4:57 am

» PEOPLE'S LEASING & FINANCE PLC
by sakuni Yesterday at 11:37 pm

» KEEP AN EYE ON SDB
by xhora Yesterday at 10:39 pm

» Next superstar COLO.N0000- C M Holdings
by subash81 Yesterday at 10:25 pm

» HAYCARB PLC (HAYC.N0000)
by subash81 Yesterday at 10:21 pm

» ALUM.N0000
by gayan1987 Yesterday at 9:48 pm

» UBC - HUGE BUYING
by engineer Yesterday at 9:39 pm

» DIPPED PRODUCTS PLC (DIPD.N0000)
by ONTHEMONEY Yesterday at 9:36 pm

» HAYLEYS FABRIC PLC (MGT.N0000)
by ONTHEMONEY Yesterday at 9:30 pm

» Try not watching stock market for a week. Food for thought. Whew! Imagine what could get done if we all just stopped watching stock market.
by engineer Yesterday at 9:27 pm

» CIC Holdings (CIC.N0000)
by DKbogols Yesterday at 9:21 pm

» ප්‍රයිම් ලෑන්ඩ්ස් සතු ප්‍රයිම් ෆිනෑන්ස් පීඑල්සීහි කොටස් 17,522ක් විකුණයි GSF.N(රුපියල් 17.50/17)
by කොටස් වෙළඳපොළ2020 Yesterday at 9:15 pm

» මුල්‍ය සමාගමි දෙකක කොටස් මිළ හෙට ඉහලට(ආර්පිකෝ ෆිනෑන්ස් සහ ඇසෝසියේටඩ් මෝටර් ෆිනෑන්ස් )
by කොටස් වෙළඳපොළ2020 Yesterday at 9:07 pm

» මස්කෙළිය සහ කෑගල්ල වැවිලි සමාගම්හි CEO ධුරයෙන් ඉවත් වෙයි
by කොටස් වෙළඳපොළ2020 Yesterday at 9:00 pm

» ජනාධිපති කාර්ය සාධක බලකායේ ප්‍රධානී බැසිල් රාජපක්ෂ මහතා වටවල ඩේරි ලිමිටඩ් සමාගමට අයත් වටවල කිරි ගොවිපොළ නිරීක්ෂණ චාරිකාවක.
by කොටස් වෙළඳපොළ2020 Yesterday at 8:35 pm

» Melstacorp is heating for a run... (MELS)
by abey Yesterday at 8:33 pm

» වැවිලි අංශ‍යේ සමාගම්හි කොටස් වටිනාකම් කැපී පෙනෙන ලෙස ඉහළට
by කොටස් වෙළඳපොළ2020 Yesterday at 8:27 pm

» Market Earnings Sector Analysis - First Capital
by ErangaDS Yesterday at 8:27 pm

» ආර්පිකෝ ෆිනෑන්ස් සහ ඇසෝසියේටඩ් මෝටර් ෆිනෑන්ස් ඒකාබද්ධය යළි ස්ථිර වෙයි
by කොටස් වෙළඳපොළ2020 Yesterday at 8:24 pm

» R I L PROPERTY PLC (RIL.N0000)
by IDK Yesterday at 8:15 pm

» Plantation Sector
by Kipling Yesterday at 8:11 pm

» Companies which HOLD regular Dividend
by High-flyer Yesterday at 8:07 pm

» LOLC Expands International footprint...
by SL-INVESTOR Yesterday at 8:03 pm

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC

ROYAL CERAMICS PLC (RCL.N0000) - Page 14 93409451_1097484607274181_2076022298501971968_o.jpg?_nc_cat=100&_nc_sid=ca434c&_nc_ohc=FU1XDWUMQnUAX_oo45S&_nc_oc=AQm1V74gISwR0cIabzb4-Qw8wG5n0XskuHq1DMfh5tqy1AkwJ8mrFmBZywxpzI81jEI&_nc_ht=scontent.fcmb3-1
ශ්‍රී ලංකා කොටස් වෙළඳ සංසදය
Public group · 3,227 members
Join Group
Statistics
We have 23545 registered users
The newest registered user is Chalitha Tharanga

Our users have posted a total of 360817 messages in 52820 subjects

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » ROYAL CERAMICS PLC (RCL.N0000)

ROYAL CERAMICS PLC (RCL.N0000)

Go to page : Previous  1 ... 8 ... 13, 14, 15, 16, 17  Next

Go down  Message [Page 14 of 17]

261ROYAL CERAMICS PLC (RCL.N0000) - Page 14 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) on Tue Jun 23, 2020 3:34 am

desh87


Senior Equity Analytic
Senior Equity Analytic
Foreign selling accounted for 98 million which is about 1.5 million shares. AIA had a total of close to 1.1 million. IF AIA is the seller they should be done by now.

262ROYAL CERAMICS PLC (RCL.N0000) - Page 14 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) on Tue Jun 23, 2020 5:26 pm

SUSPENS


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Be ready...all over ...Now RCL will show there colors tomorrow onwards...
We wish them a good luck

263ROYAL CERAMICS PLC (RCL.N0000) - Page 14 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) on Tue Jun 23, 2020 5:28 pm

Bakka1988


Manager - Equity Analytics
Manager - Equity Analytics
@SUSPENS wrote:Be ready...all over ...Now RCL will show there colors tomorrow onwards...
We wish them a good luck
Yes tomorrow 75 is possible

264ROYAL CERAMICS PLC (RCL.N0000) - Page 14 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) on Tue Jun 23, 2020 6:00 pm

desh87


Senior Equity Analytic
Senior Equity Analytic
Interesting times. Seems like foreign selling is over. Import restrictions will help RCL. Could well move in to the 70s tomorrow

265ROYAL CERAMICS PLC (RCL.N0000) - Page 14 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) on Tue Jun 23, 2020 10:35 pm

Bakka1988


Manager - Equity Analytics
Manager - Equity Analytics
@desh87 wrote:Interesting times. Seems like foreign selling is over. Import restrictions will help RCL. Could well move in to the 70s tomorrow
Definitely

266ROYAL CERAMICS PLC (RCL.N0000) - Page 14 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) on Wed Jun 24, 2020 12:35 am

ddrperera


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
best share... Very Happy Very Happy Very Happy Next  target Rs.80

267ROYAL CERAMICS PLC (RCL.N0000) - Page 14 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) on Wed Jun 24, 2020 9:03 am

chathura123


Manager - Equity Analytics
Manager - Equity Analytics
Yes. Good share .
Plantation sector also will play well coming periods.

268ROYAL CERAMICS PLC (RCL.N0000) - Page 14 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) on Wed Jun 24, 2020 5:17 pm

Bakka1988


Manager - Equity Analytics
Manager - Equity Analytics
Next target 75 tomorrow

desh87 likes this post

269ROYAL CERAMICS PLC (RCL.N0000) - Page 14 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) on Wed Jun 24, 2020 5:21 pm

desh87


Senior Equity Analytic
Senior Equity Analytic
High volume means this can run a bit more till it stabilise before the next run up. Still very valuable share at current prices.

270ROYAL CERAMICS PLC (RCL.N0000) - Page 14 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) on Wed Jun 24, 2020 10:57 pm

Bakka1988


Manager - Equity Analytics
Manager - Equity Analytics
@desh87 wrote:High volume means this can run a bit more till it stabilise before the next run up. Still very valuable share at current prices.
Yes

271ROYAL CERAMICS PLC (RCL.N0000) - Page 14 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) on Thu Jun 25, 2020 9:38 pm

SUSPENS

SUSPENS
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Divident announcement pending....keep it your mind...withing few days it should be publish

272ROYAL CERAMICS PLC (RCL.N0000) - Page 14 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) on Thu Jun 25, 2020 10:52 pm

Dil123


Stock Analytic
Stock Analytic
Really good company! The dividend could be bit low this year considering the tight cash situation. Big amounts stuck in inventory

273ROYAL CERAMICS PLC (RCL.N0000) - Page 14 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) on Fri Jun 26, 2020 7:35 am

xhunter

xhunter
Moderator
Moderator
@Dil123 wrote:Really good company! The dividend could be bit low this year considering the tight cash situation. Big amounts stuck in inventory
Why do you say they are in a tight cash situation?

274ROYAL CERAMICS PLC (RCL.N0000) - Page 14 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) on Fri Jun 26, 2020 7:40 am

chathura123


Manager - Equity Analytics
Manager - Equity Analytics
Good share.
if plantation sector performance is increased then tjis will be 120 .

275ROYAL CERAMICS PLC (RCL.N0000) - Page 14 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) on Sat Jun 27, 2020 3:40 pm

Bakka1988


Manager - Equity Analytics
Manager - Equity Analytics
Government tax policy for export Tiles will be positive impact for RCL

276ROYAL CERAMICS PLC (RCL.N0000) - Page 14 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) on Sat Jun 27, 2020 3:45 pm

Bakka1988


Manager - Equity Analytics
Manager - Equity Analytics
https://lankacnews.com/44878-2/

4.5 dollars per square feet tax for export Tiles

277ROYAL CERAMICS PLC (RCL.N0000) - Page 14 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) on Sat Jun 27, 2020 4:27 pm

xhunter

xhunter
Moderator
Moderator
@Bakka1988 wrote:https://lankacnews.com/44878-2/

4.5 dollars per square feet tax for export Tiles
you mean "import" right?
 when i saw your post first thing came into my mind is http://www.ft.lk/front-page/Lanka-Tiles-to-export-porcelain-mosaic-tiles-with-Rs-200-m-investment/44-691708 .

they started a new project to export mosaic.

278ROYAL CERAMICS PLC (RCL.N0000) - Page 14 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) on Sat Jun 27, 2020 4:38 pm

Bakka1988


Manager - Equity Analytics
Manager - Equity Analytics
@xhunter wrote:
@Bakka1988 wrote:https://lankacnews.com/44878-2/

4.5 dollars per square feet tax for export Tiles
you mean "import" right?
 when i saw your post first thing came into my mind is http://www.ft.lk/front-page/Lanka-Tiles-to-export-porcelain-mosaic-tiles-with-Rs-200-m-investment/44-691708 .

they started a new project to export mosaic import 
Yes it's import

279ROYAL CERAMICS PLC (RCL.N0000) - Page 14 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) on Sat Jun 27, 2020 5:07 pm

jaya


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
4.5 $ Tax for Import not export

280ROYAL CERAMICS PLC (RCL.N0000) - Page 14 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) on Sat Jun 27, 2020 6:06 pm

Dil123


Stock Analytic
Stock Analytic
@xhunter wrote:
@Dil123 wrote:Really good company! The dividend could be bit low this year considering the tight cash situation. Big amounts stuck in inventory
Why do you say they are in a tight cash situation?

I am actually looking at their Free CF after investing activities. The tight cash situation could be short lived when the big inventory buildup comes down.

281ROYAL CERAMICS PLC (RCL.N0000) - Page 14 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) on Sat Jun 27, 2020 9:18 pm

xhunter

xhunter
Moderator
Moderator
@ Dil123 ,I got your point , but that inventory accumulation doesn't compromise the cash/cash equivalent (at least comparing to the previous year).


Cash/cash equivalent
2019.03.31 =>    465,342,000
2020.03.31 =>    404,385,000   (-13% relative to 2019)

Inventory
2019.03.31 =>   1,911,792,000
2020.03.31 =>   4,623,213,000  (+141% relative to 2019)

282ROYAL CERAMICS PLC (RCL.N0000) - Page 14 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) on Sat Jun 27, 2020 10:56 pm

Dil123


Stock Analytic
Stock Analytic
@xhunter wrote:@ Dil123 ,I got your point , but that inventory accumulation doesn't compromise the cash/cash equivalent (at least comparing to the previous year).


Cash/cash equivalent
2019.03.31 =>    465,342,000
2020.03.31 =>    404,385,000   (-13% relative to 2019)

Inventory
2019.03.31 =>   1,911,792,000
2020.03.31 =>   4,623,213,000  (+141% relative to 2019)
@xhunter, I think it will be misleading to consider only the cash and cash equivalent shown under current assets. Better to check the cash flow statement. You will see the following;

At company level financial statements
2019.03.31 -> 170,505
2020.03.31 -> Negative 928,800

Furthermore, the build up inventory seems to be financed through short term WC loans.

283ROYAL CERAMICS PLC (RCL.N0000) - Page 14 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) on Sun Jun 28, 2020 1:54 am

xhunter

xhunter
Moderator
Moderator
@Dil123 , "tight cash situation" is a position, CF represent dynamic performance (how something happened). "tight cash situation" is static (status at this moment).so financial status is the best static representation (it doesn't say how it happens, somehow this is the current status, thats what financial position represent).
and it is quite natural to have negative cash equivalent at the end of the CF for a good reason.
in RCL case , this is the reason.to make sure whether this a good move or not, lot of places should be analyzed (does it actually reduce current or long term liability, does it reduce recurrent cost etc..)
ROYAL CERAMICS PLC (RCL.N0000) - Page 14 R+XMY7lqJa9JAAAAABJRU5ErkJggg==

284ROYAL CERAMICS PLC (RCL.N0000) - Page 14 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) on Sun Jun 28, 2020 1:06 pm

ColomboCSE


Manager - Equity Analytics
Manager - Equity Analytics
RCL is one of my favourite company but this COVID 19 situation I did not touch RCL,  
for me I have looking "cash flow for owners" basically how much cash we can get out for investment.  

like @xhunter mention his post most of cash they need to sell Inventory i'm not sure 2020 it will happens... 

285ROYAL CERAMICS PLC (RCL.N0000) - Page 14 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) on Sun Jun 28, 2020 1:42 pm

desh87


Senior Equity Analytic
Senior Equity Analytic
It all depends how the economy recovers. Basically till the import restrictions are on, every tile sold in Sri Lanka will go through RCL books. (As long as the already imported stock before COVID is gone)

Sponsored content


Back to top  Message [Page 14 of 17]

Go to page : Previous  1 ... 8 ... 13, 14, 15, 16, 17  Next

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