Search found 281 matches

by prasa2004
Wed Aug 08, 2018 11:15 am
Forum: Communities
Topic: TKYO Community
Replies: 352
Views: 22596
Flag: Singapore

Re: TKYO Community

Delayed municipal polls hit Sri Lanka construction, cement industry ECONOMYNEXT - Delayed elections in local government bodies, had had a cascading effect on the construction industry in 2017, compounding the effects of a drought and currency depreciation, a top cement maker has said. The government...
by prasa2004
Tue Aug 07, 2018 10:49 am
Forum: Communities
Topic: SAMP Community
Replies: 601
Views: 40580
Flag: Singapore

Re: SAMP Community

@luke Yes. I am working for core banking IT and many look for data models to estimates. All provisioning are done on ''expected loss'' basis and in SL many borrowers don't have cash flow etc so many of the banks are doing highlevel forecasting. So those who provided bigger amounts (SAMP/DFCC) at ear...
by prasa2004
Tue Aug 07, 2018 6:42 am
Forum: Communities
Topic: SAMP Community
Replies: 601
Views: 40580
Flag: Singapore

Re: SAMP Community

All the Banks/FIs have taken overly optimistic precaution in providing provisioning in view of IFRS - Gonibilla. The issue is still in SL no organization yet to assess scientifically the absolute provision needs and banks only come up with guestimates. So with passing of time there will be huge reve...
by prasa2004
Mon Aug 06, 2018 7:27 pm
Forum: Sector Analysis
Topic: Metals & Industrial Prices Update
Replies: 198
Views: 14584
Flag: Singapore

Re: Metals & Industrial Prices Update

Still dropping and now ALUM is 2020s

https://markets.businessinsider.com/com ... ltime-list
by prasa2004
Mon Aug 06, 2018 9:29 am
Forum: Communities
Topic: BFL Community
Replies: 755
Views: 41811
Flag: Singapore

Re: BFL Community

Hard hitting comments from Chairman found in recently released A/R. Policy makers should take note Industry is unfortunately singled out and stumped at both ends by the Government, first by subjecting the Industry to Government fixing the market prices of the maize supplied to us which affects our f...
by prasa2004
Fri Aug 03, 2018 1:08 pm
Forum: Communities
Topic: VONE Community
Replies: 195
Views: 14591
Flag: Singapore

Re: VONE Community

10M SAMP shares have added by VONE from rights. (32,481,024 from Mar to 42,003,031 in June). Based on SAMP MP 290s hefty gain by VONE. Hope they will increase their Div meaningfully

Discl. Hld
by prasa2004
Fri Aug 03, 2018 1:00 pm
Forum: Communities
Topic: LFIN Community
Replies: 241
Views: 16206
Flag: Singapore

Re: LFIN Community

LFIN has managed NPL really good compared to all Fin institutions. With huge Deposit and Loan Growth, they are in good position to Grow With Gvt reining micro finance, established players like LB can gain more business. ================================================================================...
by prasa2004
Fri Aug 03, 2018 12:34 pm
Forum: Communities
Topic: SAMP Community
Replies: 601
Views: 40580
Flag: Singapore

Re: SAMP Community

As per Note 8 - Bank still not factored IFRS fully as Financials prepared based on LKAS 39, with disclosure. With the transition from LKAS 39 incurred loss method to SLFRS 9 expected credit loss method, it is expected 38% - 43% increase in overall impairment provision. The increase in impairment pro...
by prasa2004
Fri Aug 03, 2018 9:15 am
Forum: Communities
Topic: SAMP Community
Replies: 601
Views: 40580
Flag: Singapore

Re: SAMP Community

Profits grown 6%
NPL increased by 500%

https://cdn.cse.lk/cmt/upload_report_fi ... 6.2018.pdf
by prasa2004
Fri Aug 03, 2018 8:37 am
Forum: Communities
Topic: EXPO Community
Replies: 137
Views: 10038
Flag: Singapore

Re: EXPO Community

EXPO may declare Dividend sooner as normally it is done in July
Can we expect 25 cents having now good results and positive cash flow? Lets see

https://cdn.cse.lk/cmt/upload_report_fi ... 995474.pdf

Disc. Hld
by prasa2004
Thu Aug 02, 2018 1:21 pm
Forum: Communities
Topic: ALUM Community
Replies: 381
Views: 23898
Flag: Singapore

Re: ALUM Community

world ALUM prices are crashing and i believe next Qtr. they will do good
from high as 3000 it has come down to 2040 USD/ton
Let see how smart their management team is
by prasa2004
Fri Jul 27, 2018 2:20 pm
Forum: Stock Market Talkz
Topic: Re: Financial reports Q2-2018
Replies: 38
Views: 2931
Flag: Singapore

Re: Financial reports Q2-2018

@Contra in this depressed market getting weaker reports adding salt to the wound. Major reason for Banking sector to show weak results this 2 Qtrs are new rating IFRS in force. This will result NPL higher amount at early stage. Next week we need few strong performer as else we all will be in sorry s...
by prasa2004
Thu Jul 26, 2018 7:34 pm
Forum: Stock Market Talkz
Topic: Stocks for 2018/19
Replies: 13
Views: 1341
Flag: Singapore

Re: Stocks for 2018/19

My bet is poultry as world corn prices was lower and with influx of tourists have opened an addl market
by prasa2004
Thu Jul 26, 2018 7:14 pm
Forum: Communities
Topic: DFCC Community
Replies: 154
Views: 10476
Flag: Singapore

Re: DFCC Community

DFCC is becoming a sick giant in CSE. They should immediately dispose COMB bank shares and acquire a Fin Co to ride on a faster growth. Just sitting on paper profits of COMB will not do any good.

Discl-Hold
by prasa2004
Thu Jul 26, 2018 7:08 pm
Forum: Stock Market Talkz
Topic: Re: Financial reports Q2-2018
Replies: 38
Views: 2931
Flag: Singapore

Re: Re: Financial reports Q2-2018

Results shows difficulties in SL economy. High NPLs - Huge Taxes - High Fin Cost and Low consumption have made difficulties for Corporates. So far no WOW results produced by any
by prasa2004
Thu Jul 26, 2018 2:15 pm
Forum: Communities
Topic: CCS Community
Replies: 422
Views: 23438
Flag: Singapore

Re: CCS Community

But CCS results scared away investors from JKH which has lead the entire market drop
by prasa2004
Wed Jul 25, 2018 6:20 pm
Forum: Communities
Topic: UBC Community
Replies: 133
Views: 7893
Flag: Singapore

Re: UBC Community

Super analysis as this type of results review make Mgt/Directors exposed. Union Bank (UBC) continues to stagnate 4 years after historic TPG investment July 25, 2018 (LBO) – Colombo Stock Exchange listed Union Bank of Colombo (UBC) reported lacklustre results for the quarter ended June 2018. These r...
by prasa2004
Wed Jul 25, 2018 6:11 pm
Forum: Stock Market Talkz
Topic: Re: Financial reports Q2-2018
Replies: 38
Views: 2931
Flag: Singapore

Re: Re: Financial reports Q2-2018

Middle order seems done good batting based on today results. Thanks Dhanu
by prasa2004
Tue Jul 24, 2018 11:48 am
Forum: Communities
Topic: JKH Community
Replies: 1152
Views: 59716
Flag: Singapore

Re: JKH Community

JKH earnings will be pressured this time as so far subsidiaries not done well. Also no more one time gain from UAL and plantation + hotels will be under pressure. Can JKH overcome this and show some progress? Because when JKH sneezes market catches fast and go into sleep
by prasa2004
Tue Jul 24, 2018 11:10 am
Forum: Communities
Topic: EAST Community
Replies: 351
Views: 20447
Flag: Singapore

Re: EAST Community

Director selling continues. Regulator should probe this deal delay

https://cdn.cse.lk/cmt/upload_cse_annou ... 06624_.pdf
by prasa2004
Tue Jul 24, 2018 7:39 am
Forum: Stock Market Talkz
Topic: Re: Financial reports Q2-2018
Replies: 38
Views: 2931
Flag: Singapore

Re: Financial reports Q2-2018

Thanks. So far opening batters not convincing
by prasa2004
Wed Jul 18, 2018 9:19 am
Forum: Communities
Topic: VPEL Community
Replies: 415
Views: 22704
Flag: Singapore

Re: VPEL Community

VPEL power generation for JUNE is highest after 2013. (http://www.vallibel-hydro.com/projects/kiriwaneliya-hydro-power.php) I believe with good rainy spell they will produce good results this Qtr Sri Lanka power generation grows near double digits in 1Q, 2018 ECONOMYNEXT - Sri Lanka's power generati...
by prasa2004
Tue Jul 10, 2018 6:22 am
Forum: Communities
Topic: ASI - coming week
Replies: 2522
Views: 128013
Flag: Singapore

Re: ASI - coming week

Sad part is the investor psychology of waiting waiting hoping for good times. There is no guarantee next President will drive investor confidence. If we look at world stock markets, all have risen past days (today shows dark GREEN) despite engulfing much bigger issues. China & US - Trade Sanctio...
by prasa2004
Fri Jul 06, 2018 6:37 am
Forum: Communities
Topic: ASI - coming week
Replies: 2522
Views: 128013
Flag: Singapore

Re: ASI - coming week

If the locals can absorb JKH selling and keep above 140s then not much worry as it seems selling pressure for COMB over. Also today all world markets are rising mode. Lets hope for green finish today
by prasa2004
Thu Jul 05, 2018 1:26 pm
Forum: Communities
Topic: ASI - coming week
Replies: 2522
Views: 128013
Flag: Singapore

Re: ASI - coming week

with this bounce, there will be some margin improvement and hope some buying will come next 2-3 days and stabilize over 6100. If the openers of Financial Reports can give good ones it will further consolidate. Hope LLUB does well this Qtr who generally open the innings

Go to advanced search