SPEN Community

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Re: SPEN Community

Postby SHARK » Fri Feb 09, 2018 11:23 am

50s is a dent price
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Re: SPEN Community

Postby Blue Whale » Fri Feb 09, 2018 3:10 pm

The leisure allergy has hit SPEN otherwise it must be at 60s by now.
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Re: SPEN Community

Postby PAT » Sat Feb 10, 2018 3:54 pm

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Re: SPEN Community

Postby sunflower » Sat Feb 10, 2018 4:14 pm

Share price historically down.Normally SPEN records high PE ratio.obviously under value.

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Re: SPEN Community

Postby PAT » Mon Feb 26, 2018 1:34 pm

dropped below 50

52 weeks low 49.90
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Re: SPEN Community

Postby PAT » Mon Feb 26, 2018 1:35 pm

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Re: SPEN Community

Postby Blue Whale » Mon Feb 26, 2018 9:25 pm

Anyway a severe selling pressure. What will be the bottom. :-\
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Re: SPEN Community

Postby Blue Whale » Tue Feb 27, 2018 6:37 pm

Charts are tad bearish. Now hitting the lower level of RSI neutral territory indicating a near term reach to oversold territory.
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Re: SPEN Community

Postby Blue Whale » Thu Mar 15, 2018 12:39 pm

Some interest on the counter finally. Have we seen the bottom of the fall.
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Re: SPEN Community

Postby SHARK » Fri Mar 16, 2018 1:54 am

time to pullout the chart then
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Re: SPEN Community

Postby Blue Whale » Fri Mar 16, 2018 6:52 am

Yes.
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Re: SPEN Community

Postby SHARK » Fri Mar 16, 2018 9:16 am

its a turning bullish.
Price is what you pay. Value is what you get.”

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Re: SPEN Community

Postby dhanurrox » Mon Mar 26, 2018 1:11 pm

Lot of activity.Can it turn now,at 50?

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Re: SPEN Community

Postby newer1 » Mon Mar 26, 2018 5:28 pm

Technically it is in 50/50
If it breaks 52- 53 with good volumes, it may have run towards 58- 60rs
If failled, we can try to collect @ 47rs
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Re: SPEN Community

Postby PAT » Mon Mar 26, 2018 11:01 pm

Thanks newer1...
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Re: SPEN Community

Postby SHARK » Fri Apr 20, 2018 1:28 pm

can we have another one more dip to 50 before the RISE
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Re: SPEN Community

Postby newer1 » Tue May 22, 2018 5:30 pm

2111526987265_.pdf

:-bd
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Re: SPEN Community

Postby Blue Whale » Tue May 22, 2018 5:35 pm

Why this announcement in SPEN thread.
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Re: SPEN Community

Postby newer1 » Tue May 22, 2018 6:21 pm

501_1526984325173.pdf

Sorry dear
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Re: SPEN Community

Postby PAT » Tue May 22, 2018 6:39 pm

Company ID: - SPEN
Date of Announcement: - 22.May.2018
Rate of Dividend: - Rs.2.00 per share / First & Final Dividend
Financial Year: - 2017/2018
Shareholder Approval: - Required
AGM: - 29.Jun.2018
XD: - 02.Jul.2018
Payment: - 10.July.2018
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Re: SPEN Community

Postby Profits » Tue May 22, 2018 8:46 pm


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Re: SPEN Community

Postby SHARK » Tue May 22, 2018 9:59 pm

Yes In deed. How can we attract the foreign funds back again ...... to stir interest on SPEN
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Aitken Spence ups FY18 pre-tax profit by 22% to record Rs. 6.4 b

Postby NC+ » Wed May 23, 2018 6:25 am

Aitken Spence Plc recorded a steady financial performance for the 12 months ending 31 March 2018 with a 22% year-on-year growth in profit-before-tax from Rs. 5.2 billion to Rs. 6.4 billion, its highest ever.

The leading conglomerate recorded an increase in its annual revenue by 14.9% from Rs. 45.9 billion to Rs. 52.7 billion. The company also reported the highest ever profit-after-tax of Rs. 5.1 billion, which was an increase of 27.3% from the previous year.

The diversified group concluded the reporting period with a strong fourth quarter performance during which both revenue and profit-before-tax figures showed strong growth trajectories.

Aitken Spence Plc’s profit-before-tax increased by 31.4% from Rs. 2.4 billion to Rs. 3.1 billion in the fourth quarter, over the previous year, while revenue increased by 7.9% from Rs. 15.4 billion to Rs. 16.6 billion. The profit-after-tax increased by 47.1% from Rs. 1.8 billion to Rs. 2.7 billion in the fourth quarter.

The holding company’s revenue growth reflected across all key operational sectors including tourism, maritime and logistics, strategic investments and services.

The tourism sector recorded a growth of 18.2% in revenue to Rs. 28.5 billion, while the maritime and logistics, strategic investments, and services sectors reported revenues of Rs. 10.7 billion, Rs. 19.3 billion and Rs. 1.9 billion respectively, indicating a growth of 7.7%, 6.3% and 16.8% respectively over the year.

Aitken Spence Plc reported a profit attributable to shareholders of Rs. 3.6 billion, a rise of 23.2% while earnings per share also rose by 23.2% from Rs. 7.12 to Rs. 8.77. The earnings per share surged by 47.1% from Rs. 3.03 to Rs. 4.46 for the fourth quarter, year-on-year.

Sri Lankan hotels ended the year with a satisfactory performance. All properties under the Group’s flagship Heritance brand achieved revenue targets, with Kandalama, Tea Factory and Ayurveda Maha Gedara reporting good results despite being affected by a slow start to the year. Despite severe competition facing beach properties, Heritance Ahungalla recorded a satisfactory performance, while the newest addition to the portfolio – Heritance Negombo - shows great promise for the future. Meanwhile, Turyaa Kalutara made steady progress towards a turnaround, as did Hotel RIU, where the Group has a 60% shareholding.

The global and local market conditions have remained less than favourable, with slow market growth impacting many of the operational sectors Aitken Spence Plc is engaged in.

“Despite challenges posed by a turbulent operating environment, our prudent and astute strategies continued to hold Aitken Spence in good stead, enabling the Group to achieve a remarkable performance, recording its highest ever profit before tax of Rs. 6.4 billion during the year. In the year under review, we switched gears and accelerated the pace to reach the next phase of our growth agenda,” stated Aitken Spence Deputy Chairman and Managing Director J.M.S. Brito.

“The year also saw the power generation segment begin work on a landmark waste-to-energy project that would help solve both the waste disposal and energy supply challenges in the country at present. The project would see the construction of a 10 MW waste-to-energy plant in Muthurajawela which upon completion would be equipped to convert municipal solid waste to electricity, which I expect would greatly relieve the Colombo City of its waste disposal burden,” added Brito.

“Moving forward, I am convinced that the Group has the resilience and the capability to accelerate its growth trajectory even amidst headwinds by drawing on our innate domain expertise and business acumen. In doing so we will look for long-term growth opportunities by focusing on sectors and markets where we see ourselves having a distinctive role, now and in the future. We will continue the strategy of expanding in domestic and offshore markets through enabling partnerships and improving competitiveness by making consistent investments in technology, people and processes,” he added further.

Listed in the Colombo Stock Exchange since 1983 and marking its 150th year milestone in September 2018, Aitken Spence is a blue-chip conglomerate with a strong regional presence in the Hotels, Travels, Maritime Services, Logistic Solutions, Plantations, Power Generation, Financial Outsourcing, Insurance, IT, Printing and Apparel sectors.

http://www.ft.lk/front-page/Aitken-Spen ... /44-655695
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Re: SPEN Community

Postby newer1 » Thu May 24, 2018 3:54 pm

newer1 wrote:Technically it is in 50/50
If it breaks 52- 53 with good volumes, it may have run towards 58- 60rs
If failled, we can try to collect @ 47rs

Collected good Volume @ avg 50- 51rs :-bd
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Re: SPEN Community

Postby Blue Whale » Fri May 25, 2018 7:14 am

Looks like an immediate short term target of 60/- is within sights. ;;)
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