Weekly Plus - 2014 Issue 02 (10.01.2014)

8/13/2019 Weekly Plus - 2014 Issue 02 (10.01.2014)

1/12

2014 Issue 02 Week Ending 10-01-2014

Weekly Market Wrap UpStat Page Pg 02

Weekly Stock Trends Pg 03

S&P SL20 Watch Pg 04

Local Economy in BriefCurrency Moves Pg 05

Inflation & Interest Rates Pg 06

Colombo Tea Auction Pg 06

Tourism Pg 06

Global MarketEquity Market Outlook Pg 07

Global Commodity Trend Pg 08

Research Chat:Company Outlook MHDL: IPO Pg 09

Our Core Coverage Pg 10-Pg 11


2/12

Current WoW %

ASPI 6083.14 1.8%

S&P SL20 3384.51 2.7%

Turnover (LKR 'bn) 4,984.6 109.9%

Volume ('mn) 216.2 99.3%

Market Cap. (LKR 'bn) 2,530.8 1.8%

LKR ('mn) Current WoW %

Foreign Purchases 2,163.7 195.1%

Foreign Sales 1,722.9 134.1%

Net Foreign Inflow 440.8 -16039%

Foreign Participation 49% 216.2%

Net Foreign -872 441

Current WoW %

PER 16.4 1.9%

PBV 2.0 1.9%

DY 2.9 0.0%

Current WoW %

BANKS FINANCE & INS. 13,596.3 3.7%

BEV. FOOD & TOBACCO 20,623.1 0.2%

CHEM. & PHARMA. 6,566.9 0.9%CONS. & ENG. 2,782.5 0.1%

DIVERSIFIED 1,809.2 1.4%

HEALTH CARE 707.0 3.7%

HOTELS & TRAVELS 3,220.4 0.8%

HNB (+) 1.4% JKH[W.0023] -1.87% LAND & PROPERTY 583.5 0.0%

JKH 0.10% SAMPATH (+) -0.24% MANUFACTURING 2,962.9 2.5%

COMMERCIAL BANK (+) 0.2% LION BREWERY -0.09% MOTORS 15,035.7 2.3%

NAT. DEV. BANK (+) 0.20% HAYLEYS - MGT -5.3% PLANTATIONS 756.0 2.9%

ACCESS ENG SL 56.98% CHEVRON (+) -0.06% TELECOM 159.6 1.9%

251

583.8

Change in Foreign HoldingDecline in

Value

LKR 'mn

Decline in Foreign Holding

Growth in

Foreign

Holding

Growth in Foreign Holding

2,781.1

1,784.7

681.8

6,508.6

-33.0

Weekly Stat Page

Previous

Weekly Market Statistics

Weekly Foreign Flow

Weekly Market Valuations

Weekly Sector Statistics

Decline in

Foreign

Holding 3,194.3

2,889.5

14,700.2

Previous

5973.80

734.5

156.6

3294.82

2374.3

16.1

2.0

2.9

Previous

13,114.7

20,572.5

-2.8

15%

733.1

735.9

108.5

2485.3

Previous

-8.7

-6.2

-5.6

-3

Growth in

Value

LKR 'mn

147.5

121.8

87.9

23.1

16.6

-10.7

5,600

5,700

5,800

5,900

6,000

6,100

6,200

Daily Index Movement

ASPI

0

50

100

150

200

250

0

1,000

2,000

3,000

4,000

5,000

6,000

20-Dec 27-Dec 3-Jan 10-Jan

('Mn)

LKR('Mn)

Weekly Turnover and Volume

Turnover (LHS) Volume (RHS)

0

500

1,000

1,500

2,000

2,500

20-Dec 27-Dec 3-Jan 10-Jan

LKR('Mn)

Weekly Foreign Purchases and Sales

Foreign Buying Foreign Sales

0%

10%

20%

30%

40%

50%

60%

70%

Daily Foreign Activity

Foreign Activit y Linea r (Foreign Activity)


3/12

Company WoW %

BLUE DIAMONDS[NON 18.18%

SERENDIB ENG.GRP 15.84%CEYLON PRINTERS 15.52%

MERC. SHIPPING 14.75%

BLUE DIAMONDS 12.50%

Company WoW %

S M B LEASING[NON V -25.00%

CIT -22.10%

PARAGON -16.76%

PC HOUSE -14.29%

CAL FINANCE -11.61%

Company WoW %

TEA SERVICES 8.30%

COMMERCIAL BANK 0.75%

HNB 0.42%

JKH 0.90%


Company WoW %


BLUE DIAMONDS[NON 18.18%

TOUCHWOOD -6.67%

ABANS FINANCIAL -5.67%

COMMERCIAL BANK 0.75%

91.00811.00

115.00

1.50

52 High 52 Low

52 High 52 Low

2.00 0.70

164.20 93.60

1,300.00 650.00

5.90 0.50

28.40 12.80

4.50 1.50

126.00 102.00

176.00 140.00

2.00

210.002,020.00

198.00

4.50

2.80

25.10

120.00

Low

1.10

125.00

52 High

0.50

700.00

1,600.00

115.00

3.20

0.60

13.70

629.90

120.00

141.00

219.00

3.20

Weekly Top Losers

Weekly Top Performers

Weekly Top Volume

Low

Low

Low

0.30

97.00

725.00

388,957

19,092,780

Volume

Turnover

999,386,752

190,433,434

145,816,393

87,140,315

Volume

1,469,979

1,561,394

299.80

52 Low

0.30

550.00

1,561,394

3.20

1.10

19,092,780

4,325,836

2,528,476

1,844,451

4.50

9.80

39.00

126.00

1.50

0.90

25.10

102.00

204.00

1,021,568

High

1.30

149.901,750.00

145.00

3.70

Turnover

5,202,138

46,3073,350

680

68,022,296

Volume

4,325,836

3372

5

19,092,780

Previous

1.10

119.301,450.00

122.00

3.20

Current

1.30

138.201,675.00

140.00

3.60

Weekly Stock Trends

52 Low

0.70

Weekly Top Gainers

52 High

Turnover

315,854

1,354,985

32,627

888,823

46,564

Volume

976,118

13,157

45

1,293,123

3,351

High

0.40

121.50

725.10

0.70

14.10

3.20

Previous

0.40

124.90

871.00

0.70

15.50

High

680.00

122.00

Previous

627.90

120.00

Current

0.30

97.30

725.00

0.60

13.70

Current

680.00

120.90

143.00

225.00

3.60

Turnover

68,022,296

5,202,138

Previous

3.20

1.10

68,022,296

144.00

225.50

3.70

142.40

223.00

7,168,383

48,094,471

190,433,434

High

3.70

1.30

3.00

30.00

122.00

3.00

30.00

120.00

Current

3.60

1.30

2.80

28.30

120.90


4/12

DIVIDENDS

RIGHTS ISSUE

Pelawatte Sugar

Arpico Finance

S&P SL20 Companies Previous WoW % ###JOHN KEELLS HOLDINGS 223.00 0.90% ###

COMMERCIAL BANK 120.00 0.75% ###

THE BUKIT DARAH 620.00 -0.66% SCRIP DIVIDEND

HATTON NATIONAL BANK 142.40 0.42%

CARSONS CUMBERBATCH 350.00 -1.71%

SAMPATH BANK 170.30 -0.76%

CEYLON TOBACCO COMPANY 1,144.00 -1.35%

DFCC BANK 128.00 -1.17% CAPITALIZATION OF RESERVES

AITKEN SPENCE 95.10 8.83%

NATIONAL DEVELOPMENT BANK 160.00 0.06%

C T HOLDINGS 142.00 4.23%

DISTILLERIES 195.00 -2.41%

HAYLEYS 293.00 -0.34% SUBDIVISION OF SHARES

CHEVRON LUBRICANTS LANKA 267.50 1.53%

DIALOG AXIATA 9.00 0.00%

CARGILLS (CEYLON) 148.00 0.00%

LANKA ORIX LEASING COMPANY 72.80 3.02% CONSOLIDATION OF SHARES

NESTLE LANKA 2,105.30 1.22%

ASIAN HOTELS & PROPERTIES 64.00 1.56%

LION BREWERY CEYLON 370.00 -2.95%

854,445

5,159,908

6,060,915

47,644,319

5,008,973

1,991,222

107,474

724,308

2,741,017

2,180,424

92,269

0-Jan-1900 0-Jan-1900

0-Jan-1900

0 0

0-Jan-1900 0 0

0-Jan-1900

0-Jan-1900 0-Jan-1900

2,596,400

0-Jan-1900 0-Jan-1900 0-Jan-1900 0-Jan-1900

Company Proportion EGM Date Trading Date

0-Jan-1900

Company Proportion

1,101,475

145,816,393

2,372,222

0-Jan-1900

Selinsing

0-Jan-1900

To Be Notified1 for 4 @ LKR18.0

2 for 3 @ LKR50.0

0Turnover87,140,315

Company

XD Date

8,696,068

4,965,853

0-Jan-1900 0-Jan-1900 0-Jan-19000-Jan-1900

0-Jan-1900

0-Jan-1900

XD DateEGM DateProportionCompany

0-Jan-1900

0-Jan-19000-Jan-1900

190,433,434

134,065

S & P SL20 Debrief

Proportion

Announcements

Company Dividend (LKR)

16-01-2014

00-01-1900

27-01-2014

00-01-1900

1.00Commercial Bank

The Good Hope

Shalimar (Malay)

16-01-2014

16-01-2014

16-01-2014

27-01-2014

27-01-2014

27-01-2014

Payment

0-Jan-1900

0-Jan-1900

14.74

19.59

0

The Indo Malay

0-Jan-19000-Jan-1900

0-Jan-1900

EGM Date Trading Date

2,131.00

65.00

359.10

To Be Notified

0

27-01-2014

00-01-1900

00-01-1900

0-Jan-1900 0-Jan-1900

Company Proportion EGM Date XC Date

0-Jan-19000-Jan-1900

0-Jan-1900 0-Jan-1900

0-Jan-1900

0-Jan-1900

0

0

0-Jan-1900

0

16-01-2014

To Be Notified

To Be Notified

00-01-1900

8.13

26.55

0.00

0.00

0.00

0000

00-01-1900

Renunciation

0

XR Date

Current225.00

120.90

615.90

143.00

344.00

169.00

1,128.60

126.50

103.50

160.10

148.00

190.30

292.00

271.60

9.00

148.00

75.00

3,050

3,100

3,150

3,200

3,250

3,300

3,350

3,400

3,450

Daily Index Movement

S&P SL20


5/12

Local Economy

CURRENCY MOVES

130

130

130

131

131

131

131

LKR USD : LKR

1.15

1.20

1.25

1.30

1.35

1.40

LKR Japanese Yen : LKR

172

174

176

178

180

182

LKR EURO : LKR

100

101

102

103

104

105

106

107

LKR Singapore Dollar : LKR

204

206

208

210

212

214

216

218

LKR GBP : LKR

2.00

2.02

2.04

2.062.08

2.10

2.12

2.14

2.16

LKR Indian Rupee : LKR


6/12

BALANCE OF TRADE TOURISM

For the Month Ending: Nov-13 For the Month Ending:

Nov-13 MoM % Nov-12 2013 2012

Exports 1,032 -1% 828 Dec-13 153,918 122,252

Imports 1,648 7% 1,821 YTD 1,274,593 1,005,605

Balance of Trade -616 -25% -993

COLOMBO TEA AUCTION STATISTICS

Sale of

30-Dec-13 WoW %

High Grown 442.25 1.79%

Mid Grown 459.69 5.34%

Low Grown 534.95 -1.27%Total 496.50 -0.90%

COLOMBO RUBBER AUCTION STATISTICS

For the Month Ending: Dec-2013

Dec-13 Basis Points Sale of

Point to Point 4.7% 90 03-Dec-13 WoW %

Annual Average Change 6.9% 40 RSS 1 349.00 -4.38%

1-Yr T-Bill 8.29% 86 Brown Crepe 1X 410.00 -2.38%

YoY %

Change %

411.50

415.00

YoY %

25%

Elevation

10.09%

15.97%

13.90%

18-Dec-13

434.47

1,041

1,535

26%

27%

11.79%

-1.20%

-15.19%

WoW %

-10%

38%

401.72

396.37

469.68444.14

Local Economy

Elevation

Dec-13

INFLATION & INTEREST RATE

Oct-13

-494

Sale of

Sale of

26-Sep-13

Corres. 2012

436.39

541.83501.01

Nov-13

5.6%

7.3%

9.15%

Sale of

22-Oct-13

365.00

420.00

-1,200

-800

-400

0

400

800

1,200

1,600

2,000

Balance of Trade

Exports Imports Balance of Trade

20,000

40,000

60,000

80,000

100,000

120,000

140,000

160,000180,000

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Tourist Arrivals

2010 2011 2012 2013

2%

4%

6%

8%

10%

12%

14%

Dec-13Oct-13Aug-13Jun-13Apr-13Feb-13Dec-12

Inflation and Treasury Bill Rate

1-Yr T-Bill Point to Point Annual Average Change


7/12

EQUITY MARKET OUTLOOK

Global Markets

14,500

15,000

15,500

16,000

16,500

17,000

Index Dow Jones Industrial Average

6,200

6,300

6,400

6,5006,600

6,700

6,800

6,900

Index FTSE 100 Index

1,650

1,700

1,750

1,800

1,850

1,900

Index S&P 500 Index

7,000

9,000

11,000

13,000

15,000

17,000Index Nikkei 225

2,800

2,850

2,900

2,950

3,000

3,050

3,100

3,150Index EURO STOXX 50 Price EUR

21,500

22,000

22,500

23,000

23,500

24,000

24,500Index Hong Kong Hang Seng Index


8/12

WTI Crude USD/bbl 92.54 -2.1%

Gold USD/t oz. 1,231.90 -0.5%

Copper USd/lb. 331.30 -0.7%

Cotton USd/lb. 83.63 -0.1%

Wheat USd/bu. 582.75 -4.1%

GLOBAL COMMODITY TREND

83.70

607.75

Commodity This WeekLast

Week

WoW

Change

1,237.50

333.70

Global Markets

94.48

88

90

92

94

96

98

100

102

USD/bbl WTI CRUDE FUTURE

70

75

80

85

90

USd/lb. COTTON NO.2 FUTURE

1,100

1,150

1,200

1,250

1,300

1,350

1,400

USD/t oz. GOLD 100 OZ FUTURE

0

200

400

600

800

USd/bu. WHEAT FUTURE(CBT)

300

310

320

330

340

350

USd/lb. COPPER FUTURE


9/12

Softlogic quity ResearchPage | 9

Millennium Housing Developers Limited (MHDL) is a 77% owned subsidiary of Nation Lanka Finance PLC. The company which was incorporated in 1998 was formally

known as Ceylinco Developers Limited. MHDL pioneers in Mega Township Development projects with the emphasis to target the needs of the low and medium incomeearners. The mega township projects run under the companys flagship brand Millennium City.

Millennium Housing Limited: Currently operates in Ja-Ela and Piliyandala properties and is

responsible for constructing Heartland category of houses.

Millennium Villa Housing Development Limited: Company is responsible for Villa branded

houses that were introduced in the Ja-Ela property.

Ceylinco Housing Corporation Limited: No commercial operations and commenced liquidation process in 2012.

Ceylinco Construction Company Limited: The Company is in the process of being re-activated as the construction arm of the group.


10/12


Name Y/E Rec Mkt Price NAVPS P / BV DPS

10-Jan-14 M ar '1 2 M ar '1 3 M ar '1 4E M ar '1 5E M ar '1 2 M ar '1 3 M ar '1 4E M ar '1 5E M ar '1 2 M ar '1 3 M ar '1 4E M ar '1 4E M ar '1 2 M ar '1 3 M ar '1 4E M ar '1 5E M ar '1 3

( 'M n) ('M n) ( 'Mn ) D ec '1 1 D ec '1 2 D ec '1 3E D ec '1 4E D ec '1 1 D ec '1 2 D ec '1 3E D ec '1 4E D ec '1 1 D ec '1 2 D ec '1 3E D ec '1 3E D ec '1 1 D ec '1 2 D ec '1 3E D ec '1 4E D ec '1 2

Banking, Finance & Insurance

Ce nt ra l F i na nc e CF IN .N 0000 M Buy 1 85.00 18,283 104.9 19,403 174.32 1.06 2,675 3,041 3,437 3,829 3,084 25.51 2 9.00 3 2.77 3 6.51 29.41 46 14 13 11 7.3 6.4 5.6 5.1 6.3 2.9 1.6 14.6

Ceyl inco Insurance CINS.N0000 D 1,206.50 14,364 26.4 31,869 543.79 2.22 1 ,508 1,953 2,087 57.08 73.94 79.01 57 30 21.1 16.3 15.3 12.5 1.0 10.5

Co mm er ci a l B a nk CO MB .N 00 00 D Buy 1 26. 30 58, 257 849 .1 10 7,2 39 6 8. 61 1 .8 4 8, 048 10, 08 0 10 ,6 85 1 2, 591 9, 676 9 .48 1 1.8 7 12.5 8 14. 83 11. 40 46 25 6 18 13 .3 1 0. 6 1 0. 0 8. 5 11. 1 4. 5 3 .6 13. 8

Commercia l Bank [X] COMB.X0000 D Buy 96.70 58,257 849.1 82,106 68.61 1.41 8,048 10,080 10,685 12,591 9,676 9.48 1 1.87 1 2.58 1 4.83 11.40 46 25 6 18 10.2 8.1 7.7 6.5 8.5 4.5 4.7 13.8

DFCC Ba nk DFCC.N0000 M MTB 150.60 37,196 265.1 39,924 140.31 1.07 2 ,900 3,523 3,453 3,915 3,210 10.94 13.29 13.02 14.77 12.11 (43) 21 (2) 13 13.8 1 1.3 11.6 10.2 12.4 5.0 3.3 7.8

H a tt on N a ti o n al B a nk H NB .N 00 00 D Buy 1 55. 00 55, 738 399 .6 6 1,9 33 13 9. 50 1 .1 1 6, 149 8, 11 1 9 ,2 58 1 1, 113 8, 931 15 .39 2 0.3 0 23.1 7 27. 81 22. 35 28 32 14 20 10 .1 7. 6 6. 7 5. 6 6 .9 8. 5 5 .5 11. 0

Hatton National Bank [X] HNB.X0000 D Buy 1 22.20 55,738 399.6 48,827 139.50 0.88 6,149 8,111 9,258 10,908 8,931 15.39 20.30 2 3.17 2 7.81 22.35 28 32 14 20 7.9 6.0 5.3 4.4 5.5 8.5 7.0 11.0

La nk a Ori x Le as in g Co mp an y LOLC.N 0000 M 71.50 2 1,220 475.2 3 3,977 44.65 1.60 2,933 1,863 1,816 6.17 3.92 3.82 ( 24 ) ( 36 ) 11.6 18.2 18.7 0.5 0.7 13.8

LB Fi na nce LFIN.N0000 M Buy 1 02 .8 0 5 ,3 89 6 9. 3 7 ,1 20 7 7. 81 1 .3 2 1 ,7 14 1 ,7 03 2 ,1 14 2 ,4 94 1 ,4 27 2 4. 75 2 4. 58 3 0. 52 3 6. 01 2 0. 60 6 8 (1) 24 18 4.2 4.2 3.4 2.9 5.0 6.5 6.3 31.8

National Development Bank NDB.N0000 D Buy 180.50 24,757 164.7 29,727 150.32 1.20 2 ,706 8,854 3,533 4,286 9,030 16.43 53.76 21.45 26.03 54.83 26 227 (60) 21 11.0 3.4 8.4 6.9 3.3 15.0 8.3 10.9

N at io ns T ru s t B an k N TB .N 00 00 D Buy 65.30 11,207 230.6 15,059 48.60 1.34 1,534 1 ,951 2 ,211 2 ,625 2 ,052 6 .65 8.46 9.59 11.38 8.90 41 27 13 19 9.8 7.7 6.8 5.7 7.3 2.1 3.2 13.7

Pa n As ia B an k PABC.N 0000 D Buy 16.90 4,128 295.0 4,986 13.99 1.21 824 811 325 633 450 2.79 2.75 1.10 2.14 1.53 1 28 ( 2) ( 60) 95 6.1 6.1 15.4 7.9 11.1 1.0 5.9 20.0

Pe op le 's L ea s i ng PL C. N000 0 M Buy 1 3. 70 1 8, 93 0 1, 57 9. 9 2 1, 64 4 11 .9 8 1. 14 4 ,5 42 3 ,0 73 3 ,0 15 3 ,5 90 3 ,0 07 2 .8 7 1 .9 5 1 .9 1 2 .2 7 1 .9 0 7 4 ( 32) ( 2) 19 4.8 7.0 7.2 6.0 7.2 1.3 9.1 24.0

S amp ath B an k S AMP.N0000 D Buy 175.30 28,856 167.8 29,413 171.98 1.02 4 ,151 5,212 4,074 6,241 3,881 24.74 31.06 24.28 37.19 23.13 19 26 (22) 53 7.1 5.6 7.2 4.7 7.6 6.0 3.4 14.4

Seyl an Bank SEYB.N0000 D 64.00 20,799 345.0 22,077 60.29 1.06 1,006 2,063 1,988 2.92 5.98 5.76 (17) 105 22.0 10.7 11.1 1.0 1.6 4.8

La nk a Ori x F in an ce LOF C.N0000 M 3.20 5,931 2,800.0 8,960 2.12 1.51 1,246 686 898 1,026 617 0.44 0.25 0.32 0.37 0.22 (0 ) ( 45) 31 14 7.2 13.1 10.0 8.7 14.5 - - 2 1.0

Sample Sector (16) 325,055 7,772.4 433,331 41.82 1.33 41,935 52,924 69,861 5.40 6.81 8.99 19 26 10.3 8.2 6.2 12.9

Full Sector (60) 563,690 1.42 8.7

Beverage, Food and Tobacco

Cargi l l s CARG.N0000 M 148.00 11,755 224.0 33,152 52.48 2.82 1,079 578 422 4.82 2.58 1.88 (1 ) ( 46) 30.7 57.4 78.6 2.0 1.4 9.2

Ce yl o n T ob ac co Co mp a ny CT C. N0 000 D 1,1 90. 00 4, 565 187 .3 2 22,9 15 24. 37 48. 83 6, 569 8, 17 6 8 ,7 34 9, 545 8, 603 35 .07 43 .6 5 4 6.6 3 5 0. 95 45. 93 29 24 7 9 33 .9 2 7. 3 2 5. 5 2 3. 4 25. 9 45. 2 3 .8 143. 9

Di sti ll eri es DIST.N0000 M LTB 200.00 49,925 300.0 60,000 166.42 1.20 5 ,675 5,520 5,816 6,452 5,577 18.92 18.40 19.39 21.51 18.59 (30) ( 3) 5 11 10.6 10.9 10.3 9.3 10.8 3.0 1.5 11.4Li o n B re we ry LI ON .N 00 00 M 3 68. 00 6, 136 80 .0 2 9,4 40 7 6. 71 4 .8 0 1, 262 1, 04 6 1 ,1 21 1, 465 965 15 .78 1 3.0 7 14.0 1 18. 31 12. 06 25 (17) 7 31 23.3 28.1 26.3 20.1 30.5 4.0 1.1 20.6

Ne stl e ( La nk a) NES T.N 0000 D 2,126.80 3,475 53.7 114,263 64.68 32.88 2,633 2,994 3,513 3,822 3,557 49.01 5 5.73 6 5.39 7 1.14 66.20 39 14 17 9 43.4 38.2 32.5 29.9 32.1 54.0 2.5 75.8

Sample Sector (5) 75,856 845.0 459,771 89.77 6.06 17,219 18,313 19,123 20.38 21.67 22.63 0 6 26.7 25.1 24.0 22.7

Full Sector (20) 517,705 4.37 21.7

Chemicals & Pharmaceuticals

CIC Holdings CIC.N0000 M 57.00 7,577 9 4.8 5,402 79.95 0.71 863 2 31 128 9.11 2.44 1.35 (7 ) ( 73) 6.3 23.4 42.2 1.6 2.9 11.4

La nke m Ce yl on LCEY.N0000 M 125.60 3,154 24.0 3,014 131.41 0.96 513 297 -226 21.39 12.36 (9.43) (55) (42) 5.9 10.2 -13.3 1.5 1.2 16.3

Sample Sector (2) 10,730 118.8 8,416 90.35 0.78 1,376 528 -99 11.59 4.44 (0.83) (33) (62) 6.1 16.0 -85.4 12.8

Full Sector (10) 18,440 0.94 21.2

Construction & Engineering

Co lo mb o D ockya rd DOCK.N0000 D 190.30 10,477 71.9 13,675 145.80 1.31 1,804 1,977 1,079 25.10 27.51 15.01 (13) 10 7.6 6.9 12.7 8.0 4.2 17.2

Sample Sector (1) 10,477 71.9 13,675 145.80 1.31 1,804 1,977 1,079 25.10 27.51 15.01 (13) 10 7.6 6.9 12.7 17.2

Full Sector (4) 39,452 2.52 9.5

Diversified H oldings

Ai tken Spence SPEN.N0000 M 106.20 28,815 406.0 43,117 70.97 1.50 3,488 3,267 3,121 8.59 8.05 7.69 38 (6) 12.4 13.2 13.8 1.5 1.4 12.1

CT Hol di ngs CTHR.N0000 M 140.00 16,707 183.1 25,634 91.25 1.53 1,159 1,150 1,407 6.33 6.28 7.68 34 (1) 22.1 22.3 18.2 0.7 0.5 6.9

Ca rs on s Cu mb erb atch CARS .N 0000 M 355.00 30,175 1 96.4 6 9,717 153.65 2.31 7,017 4,570 2,988 35.73 23.27 15.21 55 (35) 9.9 15.3 23.3 2.0 0.6 23.3

E xp o la n ka H o ld i n gs E XP O. N0 00 0 M LTB 8.30 9,466 1,954.9 16,226 4 .84 1.71 1,033 1 ,061 1 ,302 1,143 0 .53 0.54 0.67 0.58 (33) 3 23 15.7 15.3 12.5 14.2 0.1 1.4 10.9

Hayleys HAYL.N0000 M 299.90 23,074 75.0 22,493 307.66 0.97 1,038 1,854 2,150 13.84 24.72 28.67 43 79 21.7 12.1 10.5 4.5 1.5 4.5

Hema s Hol di ngs HHL.N0000 M 35.70 12,849 515.3 18,396 24.94 1.43 1,165 1,658 1,920 2.26 3.22 3.73 (4) 42 15.8 11.1 9.6 0.8 2.1 9.1

J oh n K ee l l s H o ld i n gs J KH .N 00 00 M 2 31 .8 0 9 3, 13 4 9 90 .0 2 29 ,4 87 9 4. 07 2 .4 6 9 ,6 87 1 2, 20 1 10 ,9 52 1 0, 65 3 11 ,7 76 9 .7 8 1 2. 32 1 1. 06 1 0. 76 1 1. 89 1 7 2 6 ( 10) ( 3) 23.7 18.8 21.0 21.5 19.5 3.5 1.5 1 0.4

Ri cha rd Pei ri s RI CH.N0000 M 6.80 8 ,065 1,958.1 13,315 4.12 1.65 2,575 1,903 1,369 1.32 0.97 0.70 53 (26) 5.2 7.0 9.7 0.2 2.9 31.9

Softlogic Holdings SHL.N0000 M 9.10 7,327 779.0 7,089 9.41 0.97 483 301 254 0.62 0.39 0.33 ( 42 ) ( 38 ) 14.7 23.5 27.9 0.3 3.3 6.6

Va ll ib el On e VONE.N0000 M LTB 16. 50 30, 388 1, 086 .6 1 7,9 28 2 7. 97 0 .5 9 2, 025 1, 40 3 2 ,3 23 1, 033 1 .86 1 .2 9 2.1 4 0. 95 2 50 (31) 66 8.9 12.8 7.7 17.4 0.0 0.0 6.7

Sample Sector (10) 260,000 8,144.4 463,401 31.92 1.78 29,669 29,367 27,161 3.64 3.61 3.33 30 (1) 15.6 15.8 17.1 11.4

Full Sector (18) 496,674 1.66 17.0

Healthcare

As iri Ho sp ita l Ho ld . AS IR.N0000 M 16.00 5,831 1,099.1 17,585 5.31 3.02 609 696 1,027 1,082 930 0.55 0.63 0.93 0.98 0.85 219 14 47 5 28.9 25.2 17.1 16.3 18.9 0.5 3.1 10.4

Nawaloka Hos pital s NHL.N0000 M 2.90 3,886 1,409.5 4,088 2.76 1.05 271 454 345 0.19 0.32 0.24 (75) 68 15.1 9.0 11.9 0.1 1.7 7.0

Lanka Hospita ls LHCL.N0000 D 44.00 27,164 223.7 9,844 121.41 0.36 437 384 564 1.95 1.72 2.52 51 (12) 22.5 25.6 17.4 0.5 1.1 1.6

Sample Sector (3) 36,880 2,732.3 31,517 13.50 0.85 1,317 1,535 1,839 0.48 0.56 0.67 (15) 17 23.9 20.5 17.1 3.6

Full Sector (6) 46,221 2.11 18.2

Book Val. Share

Cap.

Market

Cap.ROE

(%)

Trailing

DY (%)4Q

Trailing

4Q

Trailing

4Q

Trailing

Earnings EPS EPS Growth (%) PER


11/12


Name Y/E Rec Mkt Price NAVPS P / BV DPS

10-Jan-14 M ar '1 2 M ar '1 3 M ar '1 4E M ar '1 5E M ar '1 2 M ar '1 3 M ar '1 4E M ar '1 5E M ar '1 2 M ar '1 3 M ar '1 4E M ar '1 4E M ar '1 2 M ar '1 3 M ar '1 4E M ar '1 5E M ar '1 3

( 'M n) ( 'M n) ( 'M n) Dec '11 Dec' 12 Dec' 13E Dec '14E Dec '11 Dec' 12 Dec' 13E Dec '14E Dec '11 Dec' 12 Dec '13E Dec' 13E Dec '11 Dec '12 Dec '13E Dec' 14E Dec '12

Hotels and Travels

Ai tken Sp. Ho. Hol d. AHUN.N0000 M 70.00 13,283 336.3 23,540 39.50 1.77 1,378 1,782 2,148 1,956 4.10 5.30 6.39 5.82 33 29 21 17.1 1 3.2 11.0 12.0 1.0 1.4 10.4

Ama ya Lei sure CONN.N0000 M 73.00 2,594 48.0 3,506 54.01 1.35 293 377 376 344 6.09 7.84 7 .83 7.16 (38) 29 (0) 12.0 9.3 9 .3 10.2 4.0 5.5 11.3

A si a n H ot el s & Pr op . A HPL .N 0000 M 67. 90 21, 335 44 2.8 30, 064 48.1 9 1.4 1 2, 149 2, 494 2, 386 2, 493 2 ,480 4. 85 5. 63 5. 39 5. 63 5. 60 21 16 (4) 4 14.0 12.1 12.6 12.1 12.1 4.0 5.9 10.1

Ke el ls H ot el s KH L.N0000 M 12.50 16,771 1,456.1 18,202 11.52 1.09 1,105 1,121 870 994 1,110 0.76 0.77 0.60 0.68 0.76 111 1 (22) 14 16.5 16.2 20.9 18.3 16.4 0.0 0.0 6.6

Taj TAJ.N0000 M 28.50 2,051 139.6 3,980 14.69 1.94 125 246 293 -165 0.89 1.76 2.10 (1.18) 26 97 19 31.9 16.2 13.6 -24.1 0.0 0.0 6.1

Tra ns As ia TR AN.N0000 M 82.00 5,971 200.0 16,400 29.85 2.75 625 1 ,066 884 927 1 ,007 3 .12 5.33 4.42 4.64 5.04 (5) 71 (17) 5 26.2 15.4 18.6 17.7 16.3 3.0 3.7 10.5

Sample Sector (6) 62,006 2,622.9 95,693 23.64 1.54 5,674 7,086 6,957 5,732 2.16 2.70 2.65 2.19 24 25 (2) 16.9 13.5 13.8 16.7 9.2

Full Sector (36) 314,245 2.66 35.3

Land and Property

Col ombo Land CLND.N0000 D 39.00 2,702 199.9 7,795 13.52 2.88 10 335 -90 12 72 0.05 1.68 (0.45) 0.06 0.36 (98) 3,393 (127) 113 812.8 23.3 N/A 649.6 108.9 0.0 0.0 0.4

Ove rs e as R ea l it y O SE A.N 0000 D 19. 00 23, 360 84 3.5 16, 026 27.6 9 0.6 9 2, 681 2, 469 1, 924 2, 158 3 ,848 3. 18 2. 93 2. 28 2. 56 4. 56 2 18 ( 8) ( 22 ) 12 6.0 6.5 8.3 7.4 4.2 0.3 1.6 11.5

Sample Sector (2) 26,062 1,043.4 2 3,822 24.98 0.91 2,691 2,804 1,834 2,170 3,919 2.58 2.69 1.76 2.08 3.76 102 4 (35) 18 8.9 8.5 13.0 11.0 6.1 1.1 10.3

Full Sector (18) 40,349 0.84 7.4

Manufacturing

ACL Cables ACL.N0000 M 69.30 5,848 59.9 4,151 97.63 0.71 485 532 534 8.10 8.88 8.91 127 10 8.6 7.8 7.8 1.0 1.4 8.3

Gra in El eva tors GRAN.N0000 D 37.60 2,794 60.0 2,256 46.56 0.81 388 135 87 93 -94 6.46 2.24 1.45 1.55 ( 1 .5 6) ( 1 8) ( 65 ) ( 35 ) 7 5.8 16.8 25.9 24.3 -24.1 0.1 0.4 13.9

Ch e vr on L ub ri c an ts L LU B. N0 00 0 D Hold 274. 50 5, 348 12 0.0 32, 940 4 4.5 6 6.1 6 2, 001 2, 288 2, 562 2, 701 2 ,513 16. 67 1 9. 06 2 1. 35 2 2. 51 2 0. 94 33 14 12 5 16. 5 14 .4 12. 9 12. 2 13. 1 15. 0 5.5 37 .4

La nk a Wa ll ti le LWL.N0000 M LTB 59.10 5,260 54.6 3,227 96.33 0.61 731 520 545 600 497 13.39 9.52 9.98 1 0.99 9.10 51 (29) 5 10 4.4 6.2 5.9 5.4 6.5 3.0 5.1 13.9

Pi ra ma l Gl as s G LAS .N0000 M Hold 4.30 3,373 950.1 4,085 3.55 1.21 686 724 361 532 694 0.72 0.76 0.38 0.56 0.73 19 5 (50) 47 6.0 5.6 11.3 7.7 5.9 0.4 8.8 20.4

R oya l Ce ra mi c R CL.N 0000 M LTB 89.00 8 ,479 110.8 9 ,860 76.53 1.16 1 ,243 1,670 1,844 2,190 1,103 11.22 15.07 16.64 19.77 9.96 (14) 34 10 19 7.9 5.9 5.3 4.5 8.9 2.0 2.2 14.7

Te xtu re d Je rs ey TJ L.N0000 M Buy 1 6. 00 6 ,1 52 6 55 .0 1 0, 48 0 9 .3 9 1 .7 0 6 28 1 ,0 17 1 ,1 86 1 ,4 83 1 ,1 92 0 .9 6 1 .5 5 1 .8 1 2 .2 6 1 .8 2 (8) 62 17 25 16.7 10.3 8.8 7.1 8.8 1.2 7.8 10.2

To kyo Ce me nt TKYO.N0000 M Buy 31. 10 7, 793 33 4.1 10, 391 23.3 2 1.3 3 979 893 1, 968 1, 511 1 ,883 2. 93 2. 67 5. 89 4. 52 5. 63 14 (9) 120 (23) 10.6 11.6 5.3 6.9 5.5 1.0 3.2 12.6

Sample Sector (8) 45,045 2,344.5 77,390 19.21 1.72 7,141 7,778 8,322 3.05 3.32 3.55 15 9 10.8 10.0 9.3 4.9 15.9

Full Sector (36) 108,002 1.36 8.6

Motors

Co lo ni al Mo to rs COLO.N0000 M 84.00 3,315 15.2 1,277 218.11 0.39 453 120 -210 29.80 7.91 (13.80) 95 (73) 2.8 10.6 -6.1 3.0 3.6 13.7

Di es el & Moto r En gi nee ri ng D IMO.N0000 M 509.20 7,618 8.9 4,520 858.25 0.59 2,702 462 73 304.36 52.06 8.23 2 7 (83) 1.7 9.8 61.9 10.0 2.0 35.5

Uni ted Motors UML.N0000 M 113.10 7,895 67.3 7,608 117.37 0.96 2,281 2,013 1,808 33.91 29.92 26.88 153 (12) 3.3 3.8 4.2 10.0 8.8 28.9

Sample Sector (3) 18,829 91.3 13,405 206.13 0.71 5,436 2,595 1,671 59.51 28.41 18.30 67 (52) 2.5 5.2 8.0 6.0 28.9

Full Sector (6) 21,448 0.94 10.7

Oil Palms

Buki t Dara h BUKI.N0000 M 620.00 27,684 102.0 63,240 271.41 2.28 7,299 5,042 2,649 71.56 49.43 25.97 43 (31) 8.7 12.5 23.9 3.0 0.5 26.4

Sample Sector (1) 27,684 102.0 63,240 271.41 2.28 7,299 5,042 2,649 71.56 49.43 25.97 43 (31) 8.7 12.5 23.9 3.0 0.5 26.4

Full Sector (5) 96,459 1.87 27.9

Plantations

Balangoda BALA.N0000 D 33.00 2,701 23.6 780 114.26 0.29 25 118 87 1.08 5.01 3.70 (85) 366 30.7 6.6 8.9 1.0 0.9

Horana HOPL.N0000 M 24.00 1,394 25.0 600 55.77 0.43 87 220 125 3.49 8.82 4.99 (73) 152 6.9 2.7 4.8 2.0 6.3

Kegal le KGAL.N0000 M 103.40 3,264 25.0 2,585 130.55 0.79 769 544 479 30.77 21.74 19.15 (8) ( 29) 3.4 4.8 5.4 12.0 11.6 23.6

Kelani Val l ey KVAL.N0000 D 83.90 2,558 34.0 2,853 75.23 1.12 460 584 391 13.54 17.19 11.51 44 27 6.2 4.9 7.3 6.0 7.2 18.0

Kotagala KOTA.N0000 M 37.40 3 ,187 40.0 1,496 79.67 0.47 439 517 -173 10.97 12.92 (4.32) (34) 18 3.4 2.9 -8.7 2.5 6.7 13.8

Watawala WATA.N0000 M 10.10 3,883 236.7 2,390 16.41 0.62 455 680 510 1.92 2.87 2.15 (29) 49 5.3 3.5 4.7 0.8 11.7

Sample Sector (6) 16,986 384.3 10,704 44.20 0.63 2,236 2,664 1,419 5.82 6.93 3.69 (24) 19 4.8 4.0 7.5 13.2

Full Sector (19) 24,733 0.69 7.5

Power and Energy

Lanka IOC LIOC.N0000 M 37.10 15,331 532.5 19,757 28.79 1.29 906 2,911 4,371 1.70 5.47 8.21 3 221 21.8 6.8 4.5 1.0 5.9

Val l ibel VPEL.N0000 M 5.80 2,160 747.1 4,333 2.89 2.01 249 289 626 0.33 0.39 0.84 (41) 16 17.4 15.0 6.9 0.3 4.3 11.5

La ugfs Ga s LGL.N 0000 M 30.90 6,781 387.0 11,958 17.52 1.76 822 1 ,061 1 ,434 1 ,657 1 ,484 2 .13 2.74 3.70 4.28 3.83 (4) 29 35 16 14.5 11.3 8.3 7.2 8.1 1.5 4.9 12.1

Sample Sector (3) 24,271 1,666.6 36,048 14.56 1.49 1,977 4,261 6,482 1.19 2.56 3.89 (8) 116 18.2 8.5 5.6 8.1

Full Sector (8) 41,439 1.34 5.8

Telecommunications

Dialog Axiata DIAL.N0000 D 9.30 38,620 8,143.8 75,737 4.74 1.96 5,354 6,521 5,016 0.66 0.80 0.62 6 22 14.1 11.6 15.1 0.3 3.5 13.9

Sri Lanka Telecom SLTL.N0000 D 37.10 56,871 1,804.9 66,960 31.51 1.18 4,781 5,329 4,774 2.65 2.95 2.65 21 11 14.0 12.6 14.0 0.9 2.3 8.4

Sample Sector (2) 95,491 9,948.6 142,697 9.60 1.49 10,135 11,850 9,790 1.02 1.19 0.00 0.98 13 17 (100) 14.1 12.0 14.6 10.6

Full Sector (2) 142,697 1.49 14.6

Trading

Browns BRWN.N0000 M 88.00 14,064 70.9 6,237 198.43 0.44 1,164 240 582 16.43 3.39 8.21 (47) (79) 5.4 26.0 10.7 0.5 0.6 8.3

S in ge r S ri La nk a S INS .N0000 D 94.30 4,875 125.2 11,807 38.94 2.42 1,266 1,138 661 10.11 9.09 5.28 90 (10) 9.3 10.4 17.9 6.0 6.4 26.0

Sample Sector (2) 18,939 196.1 18,044 96.59 0.95 2,431 1,378 1,242 12.40 7.03 6.34 (15) (43) 7.4 13.1 14.5 12.8

Full Sector (8) 23,101 1.01 17.5

Sam ple Ma rket (70) 1,054,312 38,084.6 1,891,154 27.68 1.79 138,340 150,101 162,109 183,183 160,190 3.63 3.94 4.26 4.81 4.21 17 9 8 13 13.7 1 2.6 11.7 1 0.3 11.8 13.1

Total Market (284) 2,553,746 1.78 14.0

Book Val. Share

Cap.

Market

Cap.ROE

(%)

Trailing

DY (%)4Q

Trailing

4Q

Trailing

4Q

Trailing

Earnings EPS EPS Growth (%) PER


12/12


Softlogic Equity Research

Dimantha Mathew

[email protected]

+94 11 7277030

Kavindu Ranasinghe

[email protected]

+94 11 7277031

Imalka Hettiarachchi

[email protected]

+94 11 7277032

Softlogic Equity Sales

Dihan Dedigama

[email protected]

+94 11 7277010, +94 77 7689933

Thanuja De Silva

[email protected]

+94 11 7277059, +94 77 3120018

Eardley Kern

[email protected]

+94 11 7277053, +94 77 7348018

Chandima Kariyawasam

[email protected]

+94 11 7277058, +94 77 7885778

Branches

HoranaMadushanka Rathnayaka

No. 212, 1st floor, Panadura road, Horana

[email protected]

+94 34 7451000, +94 77 3566465

NegomboKrishan Williams

No. 121, St. Joseph Street Negombo

[email protected]

+94 31 2224714-5, +94 77 3569827

KurunegalaBandula Lansakara

No.13, Rajapihilla Mawatha, Kurunegala

[email protected]

+94 37 2232875, +94 77 3615790

The report has been prepared by Softl ogic Stockbrokers (Pvt) Lt d. The inf ormati on and opini ons contained herein has been compiled

or ar ri ved at based upon inf ormati on obtained fr om sources believed to be reliable and in good faith . Such infor mation has not been

independently verif ied and no guar anty, representation or warr anty, express or impli ed is made as to its accuracy, completeness or

correctness. Al l such i nformation and opinions are subject to change without notice. This document i s for information purposes only,

descri ptions of any company or companies or their securi ties mentioned herein ar e not intended to be complete and this document is

not, and should not be construed as, an offer, or solicitat ion of an off er, to buy or sell any securit ies or other fi nancial instr uments.

Softlogi c Stockbrokers (Pvt) Lt d may, to the extent permissible by applicable law or r egulation, u se the above material , conclusion s,

research or analysis in wh ich they are based before the materiali zed disseminated to their cu stomers. Not all customers wi ll receive

the material at the same time. Softl ogic Stockbrokers, their respective director s, offi cers, representatives, employees, relat ed persons

and/or Softl ogic Stockbrokers, may have a long or short position i n any of the securiti es or other fi nancial instr uments mentioned or

issuers described herein at any ti me and may make a purchase and/or sale, or of fer to make a purchase and/or sale of any such

securi ties or other fi nancial i nstruments fr om time to time in the open market or otherwise, in each case eith er as pri ncipal or agent.

Softlogi c Stockbrok ers may make markets in securi ties or other finan cial in struments descri bed in th is publication , in securi ties of

issuers described here in or i n securiti es underl ying or related to such securi ties. Softl ogic Stockbroker s (Pvt) Ltd may have recently

underwr itten the securi ties of an issuer mentioned herein. This document may not be reproduced, distribu ted, or publ ished for any

purposes.

Weekly Plus - 2014 Issue 02 (10.01.2014)

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Transcript of Weekly Plus - 2014 Issue 02 (10.01.2014)