BRWN... What's happening...

krisen · 1 BRWN... What's happening... Sun Aug 21, 2011 6:34 pm

krisen

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I am wondering whats happen to BRWN.. i was out of the market for few weeks..
why BRWN keep going down...

Aamiable · 2 Re: BRWN... What's happening... Sun Aug 21, 2011 6:58 pm

Aamiable

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little bit of force selling still going on...

opfdo · 3 Re: BRWN... What's happening... Sun Aug 21, 2011 7:10 pm

opfdo

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Aamiable wrote:little bit of force selling still going on...

last friday there was a buyer for more that 30000 shares @ 270/- it is a good sign.

pathfinder · 4 Re: BRWN... What's happening... Sun Aug 21, 2011 7:24 pm

pathfinder

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BROWNS group has recorded net profit down 94.9% for the last Q.compared to 2010
EPS is 1.22 [2.57 for 2010] the NAVPS is 215.68 so BRWN will go down further due to prevailing maket conditions will remain around 240 - 250 till the next Q report.
http://www.cse.lk/cmt/upload_report_file/764_1313404211033.%20PLC-%20Quarterly%20Financial%20Statements%20-30.06.2011.pdf

kiri · 5 Re: BRWN... What's happening... Sun Aug 21, 2011 7:36 pm

kiri

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watch dog wrote:BROWNS group has recorded net profit down 94.9% for the last Q.compared to 2010
EPS is 1.22 [2.57 for 2010] the NAVPS is 215.68 so BRWN will go down further due to prevailing maket conditions will remain around 240 - 250 till the next Q report.
http://www.cse.lk/cmt/upload_report_file/764_1313404211033.%20PLC-%20Quarterly%20Financial%20Statements%20-30.06.2011.pdf

there is a huge other expenses in their report. in 2011 Rs329,706,00 but 2010 Rs 70,126,000.

sajeethk · 6 Re: BRWN... What's happening... Mon Aug 22, 2011 6:33 am

sajeethk

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Their finance cost also high compare to last year. May be due to new investment. Also the investment sector show 92 m loss in June qtr. look like the negative impact came to BRWN trough the investment sector.