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

LISTED COMPANIES

Submit Post



Poll

Can there be another Covid-19 wave in Sri Lanka?

 
 
 

View results

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» KOTAGALA PLANTATION PLC (KOTA.N0000)
by Winner123 Yesterday at 11:44 pm

» Maharaja after long time
by sanjulanka Yesterday at 11:37 pm

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by cseguide Yesterday at 10:06 pm

» Port City - Sri Lanka's Economic Trajectory
by jaya Yesterday at 7:13 pm

» Top Crossing Today
by SAGA Yesterday at 3:19 pm

» AGST is Next KOTA
by kanishkaecomm Yesterday at 2:23 pm

» Sell EXPO Buy EDEN sentiment changed to Exit EXPO Enter EDEN
by samaritan Yesterday at 1:41 pm

» LATEST: Join FINANCIAL CHRONICLE™ Discord
by CHRONICLE™ Yesterday at 1:27 pm

» Watch SPEN
by seany Yesterday at 11:03 am

» Try to Avoid Getting Sucked into Any Panic Modes While Looking for Opportunities. Stock market for beginners
by D.G.Dayaratne Yesterday at 10:51 am

» Top Foreign Trading today
by D.G.Dayaratne Wed Sep 22, 2021 11:29 pm

» Evergrande agrees deal to avoid default on key bond: Company
by RajapaksaDON Wed Sep 22, 2021 8:15 pm

» Top crossings today
by SAGA Wed Sep 22, 2021 7:27 pm

» LOFC AND CLC Target Price??
by Rational Investor Wed Sep 22, 2021 6:35 pm

» CABO -- “ The Investment Company ” under Land & Building Sector
by samaritan Wed Sep 22, 2021 10:45 am

» LOFC lofc
by stockchaser Wed Sep 22, 2021 9:52 am

» TOKYO CEMENT COMPANY (LANKA) PLC
by ADVENTUS Wed Sep 22, 2021 12:14 am

» DIPPED PRODUCTS PLC (DIPD.N0000)
by ADVENTUS Wed Sep 22, 2021 12:11 am

» BROWNS INVESTMENTS PLC (BIL.N0000)
by stockchaser Tue Sep 21, 2021 3:49 pm

» GUYS LOOK IN TO JKH / JKL NOW
by Wickyz Tue Sep 21, 2021 10:54 am

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » ROYAL CERAMICS PLC (RCL.N0000)

ROYAL CERAMICS PLC (RCL.N0000)

+114
Dilip
wealth123
MaJa
Jana
Cma
Value Pick
Unjuhnuh
Warren samarawickrama
Wonderer
Vasyan
High-flyer
engineer
Wickyz
KingMaker2020
INFOAMILAD
Dilendra23
Thushara Ayya
MoneyLover
xpmurali
Bargain
arun.cse
nish84
subash81
blackjesus
Equityinvestor
dayandacool
ResearchMan
RJ1010
Vishwanarth
geesura
100Bill
Pradeep90
heroxhere
kadik
Mr. X
thananjey
Win Win
anges
judecroos
pra4u
shan31
Master D
cseguide
xhunter
Dil123
Hope123
SUSPENS
4Corners
Bakka1988
chathura123
SIRRA123
hanuma
vikiperera
desh87
ChooBoy
KavinduTM
ColomboCSE
GOSL
npgslnawa
MarketResearch
Ekanayake90
Sajeewa Niranjan
lal62
Kipling
Intrinsicvalue
kasun_gimhana
soileconomy
hammurabi
EGG
abey
fireshelter
Eng Krishantha
jaya
rukshan1234
dhaneenja
NANDANA2012
ddrperera
samansilva
nuwanmja
ThilinaM
THASSIM
sanjulanka
Uaecoindubai
Trader321
reyaz
nirowat
Teller
Brinthan
aathi
chamil1
EquityChamp
Chinwi
glad
shadow walker
Top Trader
charith666lk
Yahapalanaya
capitallinkceylon
kumarweerarathne
Harry82
Richard_Branson
Rocky
stockanalytic
tanzanite
Aamiable
Hawk Eye
JennyFunny
Faz
mark
Tiger
windi5
Monster
Gaja
smallville
118 posters

Go to page : Previous  1 ... 8 ... 12, 13, 14 ... 19  Next

Go down  Message [Page 13 of 19]

301ROYAL CERAMICS PLC (RCL.N0000) - Page 13 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) Mon Jun 22, 2020 5:06 pm

desh87


Manager - Equity Analytics
Manager - Equity Analytics
Very interesting. Big players collecting by the looks of it. The price never went below 64.50 with all this selling. After the selling clears, it should run higher

302ROYAL CERAMICS PLC (RCL.N0000) - Page 13 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) Mon Jun 22, 2020 8:06 pm

Hope123


Manager - Equity Analytics
Manager - Equity Analytics
Any idea whether the selling is over or yet to go? thanks

303ROYAL CERAMICS PLC (RCL.N0000) - Page 13 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) Tue Jun 23, 2020 3:34 am

desh87


Manager - Equity Analytics
Manager - Equity Analytics
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.

304ROYAL CERAMICS PLC (RCL.N0000) - Page 13 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) 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

305ROYAL CERAMICS PLC (RCL.N0000) - Page 13 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) 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

306ROYAL CERAMICS PLC (RCL.N0000) - Page 13 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) Tue Jun 23, 2020 6:00 pm

desh87


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

307ROYAL CERAMICS PLC (RCL.N0000) - Page 13 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) 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

308ROYAL CERAMICS PLC (RCL.N0000) - Page 13 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) 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

309ROYAL CERAMICS PLC (RCL.N0000) - Page 13 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) 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.

310ROYAL CERAMICS PLC (RCL.N0000) - Page 13 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) Wed Jun 24, 2020 5:17 pm

Bakka1988


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

desh87 likes this post

311ROYAL CERAMICS PLC (RCL.N0000) - Page 13 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) Wed Jun 24, 2020 5:21 pm

desh87


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

312ROYAL CERAMICS PLC (RCL.N0000) - Page 13 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) 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

313ROYAL CERAMICS PLC (RCL.N0000) - Page 13 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) 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

314ROYAL CERAMICS PLC (RCL.N0000) - Page 13 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) 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

315ROYAL CERAMICS PLC (RCL.N0000) - Page 13 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) 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?

316ROYAL CERAMICS PLC (RCL.N0000) - Page 13 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) 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 .

317ROYAL CERAMICS PLC (RCL.N0000) - Page 13 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) 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

318ROYAL CERAMICS PLC (RCL.N0000) - Page 13 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) 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

319ROYAL CERAMICS PLC (RCL.N0000) - Page 13 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) 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.

320ROYAL CERAMICS PLC (RCL.N0000) - Page 13 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) 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

321ROYAL CERAMICS PLC (RCL.N0000) - Page 13 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) Sat Jun 27, 2020 5:07 pm

jaya


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
4.5 $ Tax for Import not export

322ROYAL CERAMICS PLC (RCL.N0000) - Page 13 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) 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.

323ROYAL CERAMICS PLC (RCL.N0000) - Page 13 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) 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)

324ROYAL CERAMICS PLC (RCL.N0000) - Page 13 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) 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.

325ROYAL CERAMICS PLC (RCL.N0000) - Page 13 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) 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 13 R+XMY7lqJa9JAAAAABJRU5ErkJggg==

326ROYAL CERAMICS PLC (RCL.N0000) - Page 13 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) 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... 

327ROYAL CERAMICS PLC (RCL.N0000) - Page 13 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) Sun Jun 28, 2020 1:42 pm

desh87


Manager - Equity Analytics
Manager - Equity Analytics
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)

328ROYAL CERAMICS PLC (RCL.N0000) - Page 13 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) Sun Jun 28, 2020 9:38 pm

chathura123


Manager - Equity Analytics
Manager - Equity Analytics
No .this company will have temporary stock aggregation and cash problems .this issue will be over with low interest loans from banks like 4% ....etc.
Believe this share will be given 100% within 2 to 3 years .

329ROYAL CERAMICS PLC (RCL.N0000) - Page 13 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) Sun Jun 28, 2020 11:22 pm

ColomboCSE


Manager - Equity Analytics
Manager - Equity Analytics
@chathura123 wrote:No .this company will have temporary stock aggregation and cash problems .this issue will be over with low interest loans from banks like 4% ....etc.
Believe  this share will be given 100%  within 2 to 3 years .

Yes! it's good point (if they can take loan at 4%)

chathura123 likes this post

330ROYAL CERAMICS PLC (RCL.N0000) - Page 13 Empty Re: ROYAL CERAMICS PLC (RCL.N0000) Mon Jun 29, 2020 4:24 am

desh87


Manager - Equity Analytics
Manager - Equity Analytics
4% loans are for SMEs. I don’t think RCL can access that.

Sponsored content


Back to top  Message [Page 13 of 19]

Go to page : Previous  1 ... 8 ... 12, 13, 14 ... 19  Next

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