SPEN Community

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Re: SPEN Community

Postby traderchandi » Sat May 27, 2017 9:29 am

Waiting for ur analysis BW :x

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Re: SPEN Community

Postby traderchandi » Sat May 27, 2017 9:29 am

thanks Vlaue for da great input ^:)^

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Re: SPEN Community

Postby Blue Whale » Sat May 27, 2017 9:32 am

Spider you could have bought something even @67/- on Friday or Thursday. Monday buying at 69/- mmmm :-?? :-?? :-??
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Re: SPEN Community

Postby PAT » Sun May 28, 2017 8:49 am

Spence post 43% growth in attributable profit and EPS

Aitken Spence PLC recorded a 38% rise in its profit before tax year-on-year with a top line of Rs. 45.9 billion for the year ended March 31, 2017 concluded the financial year with a strong fourth quarter performance during which both revenue and profit before tax figures showing strong growth trajectories, Spence announced in a news release.


The company reported a profit attributable to shareholders of RS. 2.9 billion, a rise of 43% while earnings per share also rose by 43% to RS. 7.12


A final dividend of 50 cents a share on top of Rs. 1.25 paid in March gives shareholders a total return of Rs. 1.75 a share, up from Rs. 1.50 a year earlier.


The holding company’s revenue growth reflected across all key operational sectors including tourism, maritime and logistics, strategic investments and services. The mid to long term strategic investments made by the group in preceding years performed well in spite of challenging market conditions, the statement said.


The tourism sector recorded a growth of 32% in revenue to RS. 24 billion, while the maritime and logistics, and services sectors reported revenues of RS. 9.9 billion and RS. 1.7 billion respectively, indicating a growth of 20% and 43% respectively over the year.


Commenting on the Group’s inclination towards making mid to long term investments, Deshamanya D.H.S Jayawardena, Chairman of Aitken Spence PLC stated, "we have been quick to identify new investment opportunities where we can diversify to remain relevant in the present business context. Catalysed by our investment model, we seek strategic partnerships with global partners that would provide a competitive edge in the markets we intend to serve. At present, we have identified Tourism and Maritime and Logistics as key growth sectors, and have made significant strides in the current financial year to expand the Group’s footprint in these selected business domains."


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, the statement said.


Furthering its commitment towards making key strategic investments, the Group invested RS. 5.8 billion in acquiring property, plant and equipment. Investments made in prospective verticals are expected make returns in the medium to long term.


"Despite challenges faced from external factors by some of the key sectors, the Group had a commendable year of performance. Over the years we have invested to build robust businesses underpinned by strong fundamentals. Our presence in diverse sectors has been the cornerstone of Aitken Spence PLC’s success, cushioning the Group during times of economic adversity. In the year under review, we switched gears and accelerated the pace to reach the next phase of our growth agenda. Uncertainty becoming the new normal for many of our businesses, our purpose for the year was not to be distracted by it, but rather look for opportunities that would take the Group to new heights," commented Managing Director J.M.S Brito.


Listed in the Colombo Stock Exchange since 1983, 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.
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Re: SPEN Community

Postby newer1 » Sun May 28, 2017 10:11 am

Thnks NC+
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Re: SPEN Community

Postby future123 » Sun May 28, 2017 8:52 pm

Annual revenue growth from Rs. 25.9 billion to Rs. 45.8 billion. This is amazing.

Thanks Value. Great analysis. Significant revenue growth from hotel sector.

Apart from hotel revenue growth, has this got anything to do with DIST, Melsta restructure?

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Re: SPEN Community

Postby Blue Whale » Mon May 29, 2017 5:32 am

Thanks PAT.
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Re: SPEN Community

Postby Blue Whale » Mon May 29, 2017 5:33 am

future123 wrote:Annual revenue growth from Rs. 25.9 billion to Rs. 45.8 billion. This is amazing.

Thanks Value. Great analysis. Significant revenue growth from hotel sector.

Apart from hotel revenue growth, has this got anything to do with DIST, Melsta restructure?


You can refer to my research on SPEN.
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Re: SPEN Community

Postby Blue Whale » Mon May 29, 2017 9:29 pm

Today we saw very good interest. Though the price has gone up by 3/- quantity trades is very attractive. Saw few big parcels also changed hands.
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Re: SPEN Community

Postby NC+ » Tue May 30, 2017 10:02 am

Thanks BW...
seems interesting, kept a higher QoQ growth through out the year..
Worth to watch..
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Re: SPEN Community

Postby traderchandi » Tue May 30, 2017 1:56 pm

BW, how about 70 as an entry. What do u think, will it fall back to 68 ?

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Re: SPEN Community

Postby Blue Whale » Tue May 30, 2017 2:30 pm

Why not. 70 is a good point and so 68. Spread out your cash and buy selectively. If I can buy 1000 @ 70/- then I keep cash to buy 2000 @ 65/- :))
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Re: SPEN Community

Postby traderchandi » Tue May 30, 2017 2:35 pm

Got it BW

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Re: SPEN Community

Postby NC+ » Sat Jun 03, 2017 6:02 pm

SPEN weekly..
Down from 140 to 100, and 100 to 60. As per my view its unlikely to go below 60. Trend is still down but we can hope some recovery I think..
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Re: SPEN Community

Postby Blue Whale » Sat Jun 03, 2017 8:14 pm

මෙක පහලට ආව විදියටම ඒ පාරෙම ආපහු උඩට යන විදිහ තව අවුරුද්දකින් විතර අදින chart එකකින් බලා ගත්තැහැකි.
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Re: SPEN Community

Postby sashimaal » Sat Jun 03, 2017 10:40 pm

We're seeing some selling. Maybe ones who were stuck for ages with big quantities are selling. It won't be forever....performance has been good. Path identified it some time back...

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Re: SPEN Community

Postby Blue Whale » Sun Jun 04, 2017 7:20 am

මමත් මෙකෙ විග්‍රහය ඉදිරිපත් කරානේ. ඉතින් මේකේ වටිනාකම කාටත් පැහැදිලියිනෙ. කවුරුහරි 60න් පහල ගත්තු කෙනෙක් විකුනනවා විය හැකියි. මොකද මෙක 56ට වැටුනු කොටසක්නෙ.
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Re: SPEN Community

Postby PAT » Sun Jun 04, 2017 8:53 am

Thanks NC for the chart.....
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Re: SPEN Community

Postby Blue Whale » Sun Jun 04, 2017 12:10 pm

තව දුරටත් පහල වැටීමක් නම් බලාපොරොත්තු විය නොහැකියි.
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Re: SPEN Community

Postby Blue Whale » Thu Jun 22, 2017 8:18 pm

එහෙත් තවමත් ඉඹි ගමනේ.......
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Re: SPEN Community

Postby sunflower » Fri Jun 23, 2017 7:00 am

It is a common syndrome vitness in HJ companies. MELS ,LMF, SPEN..BALA ,MADU...

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Re: SPEN Community

Postby PAT » Fri Jun 23, 2017 8:43 am

Yes, slow & steady.........
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Re: SPEN Community

Postby Blue Whale » Fri Jun 23, 2017 8:48 am

But here slow and stuck ne.
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Re: SPEN Community

Postby PAT » Fri Jun 23, 2017 8:54 am

Blue Whale wrote:But here slow and stuck ne.


Yes, I think it is due to ASI movement......... :-?
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Re: SPEN Community

Postby Shadow walker » Fri Jun 23, 2017 8:55 am

Blue Whale wrote:But here slow and stuck ne.


Similar to VONE.. :D
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