_________________________
2011_________2010Profit after tax____________852,700__(61%)___528,294
EPS_______________________2.85___(40%)_____2.03
NAV______________________15.66___(43%)____10.92
Profit margin_______________12%____( 24%)_____9%
Total Debt to Total Assets___0.33____(-39%)____0.54
Currently trading at 42-44 level,PE is about 21.67 (44/2.03=21.67)
With the new EPS and +NAV it should past 60 (2.85*21.6)
NOTES
*Quoted Investments_____________________Shares_______Cost______Current value
Ceylon Guardian Investment Trust PLC_______18,300______7,679,558____6,761,850
Citrus Leisure PLC________________________1,500,000___135,826,875__112,350,000
The Colombo Pharmacy Company PLC________12,000______43,077,120___41,161,200
Commercial Bank of Ceylon PLC______________75,482_____20,960,346___20,063,116
Ceylon Grain Elevators PLC_________________1,000,000___206,255,625__168,100,000
Lanka Orix Leasing Company PLC____________30,000______4,303,930_____3,588,000
Three Acre Farms PLC_____________________25,800______5,305,737_____4,339,560
___________________________________________________423,409,191___356,363,726 = (67045465)
(Not surprisingly,they have also made a Loss from investing in CSE last year
)
*Profit/(Loss) For The Year (segmental report)
__Trading GAS_________________Services_______Leisure&Hos___Property Dev________Group
_____2011_______2010____2011_______2010_____2011__2010___2011___2010___2011_______2010
675,967,524 524,400,306 |178,223,579 3,893,305 |591,111 - |(2,082,211) - |852,700,002 528,293,611
GAS businessDespite of 50% supply reduction from CPC it shows healthy reaction
Recent price increment
They expecting to achieve 50% market share by end of 2013
Increase Tourist arrives
In January 2011,stratergic partnership with the Indian Government owned Bharat Petroleum Ltd (a Fortune 500 Company) to introduce a cobranded metal - cutting gas product
ServiceThe Vehicle Emission Testing (VET) certification service shows remarkable result,178 million compared to Rs. 4 million last year
expected to be operational in North before end 2011.
According to the new Regulation's after one year, Brand new vehicals alsotake that VET certificate
Lot of vehicals have imported after tax relaxation,we can expect good results coming years.
Leasure And Hospitality In the Process of building "small luxury" hotel in 22 acres of beach frontage property @ chilaw under BOI states
Property Devconstruction of an apartment complex consisting of eight floors at Maya Avenue, Colombo 5 and expects the construction to be completed by end 2012
THIS IS NOT A BUY,HOLD OR SELL RECOMMENDATION 
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.. 
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