Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum 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..

All information contained in this forum is subject to Disclaimer Notice published.

Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය

Latest topics

» coco.x share
by lakmal87 Yesterday at 10:45 pm

» නොමිළේම ඩොලර් (free $ 5 ) tokens
by cseguide Yesterday at 7:58 pm

» For Miss Sangeetha
by Neluka Karannagoda Yesterday at 12:59 pm

» S&P upgrades DFCC Bank’s rating outlook from Negative to Stable
by TraderCSE Yesterday at 9:23 am

» CFVF will HIT. 40 BY Next. Thursday
by Yahapalanaya Thu Dec 14, 2017 10:50 pm

» Moody’s affirms ratings of three Sri Lankan banks; maintains negative outlook
by Miss-Sangeetha Thu Dec 14, 2017 8:39 pm

» Tea prices up and up.Plantation shares down and down!
by fortuneteller Thu Dec 14, 2017 3:04 pm

» best stocks to buy now
by Ryan Hudson Wed Dec 13, 2017 9:23 pm

» Current situation of the Adam group of companies
by anges Wed Dec 13, 2017 5:36 pm

» Avoid investing in Abans Group company shares
by fortuneteller Wed Dec 13, 2017 9:11 am

» People's Leasing Company
by prasa2004 Tue Dec 12, 2017 6:51 pm

by prasa2004 Tue Dec 12, 2017 5:43 pm

» Beware of banking stocks
by prasa2004 Tue Dec 12, 2017 5:40 pm

by Agape Tue Dec 12, 2017 2:49 pm

» Lanka Cement
by sureshot Tue Dec 12, 2017 11:09 am

» Roshan Egodage's Money Grabbing
by Investor1994 Mon Dec 11, 2017 7:10 pm

by Gambino7 Mon Dec 11, 2017 12:13 pm

» CFT share එක මොනව හරි දෙයක් වෙනව වාගෙ.
by sameboy Sun Dec 10, 2017 6:43 pm

by Teller Fri Dec 08, 2017 10:52 pm

» Sri Lanka Exports up 12.9-pct in Sept
by Teller Fri Dec 08, 2017 10:38 am

by Teller Fri Dec 08, 2017 10:30 am

» LLMP - New Strategic Marketing >>> Boooom
by Teller Fri Dec 08, 2017 10:27 am

» Why LLUB.N0000 going down ?
by Teller Fri Dec 08, 2017 10:20 am

» LDEV rights
by Teller Fri Dec 08, 2017 10:16 am

» SAMP Rights Issue
by niru Thu Dec 07, 2017 8:04 pm


You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » Abans group and the budget

Abans group and the budget

View previous topic View next topic Go down  Message [Page 1 of 1]

1 Abans group and the budget on Wed Dec 02, 2015 12:40 pm


The budget has reduced taxes on imported electrical appliances massively. This will come into the picture before Christmas and as a result the prices of brands such as LG, Samsung, Hair, etc will be down massively.

Abans electricals mainly do the business on these items and can expect good seasonal quarters in the coming time. Their last quarter was remarkable .

1H PAT is 56mn an increase of 27% YoY. Currently trading at a PE multiple of 7.4 with a PBV of 0.96. The estimated PE based on FY 2015/16 will be 6.3 @ Rs143/-. 

The technical charts indicates buy signals with RSI standing @ 54 (neutral region)

Further the share is very illiquide with relatively small quantity in the market.

Abans finance will be getting more business from the group itself due to growth in volumes for installment plans as well as the finance business. They have reported a growth in PAT for 1H by 67%.

It is currently trading at a trailing PE of 14.7x @Rs 39.1  @ a discount to market. This is too a relatively illiquid finance company. The expected growth in volumes should generate an annual EPS in excess of 3.5 and the forward PE will be in the range of 11.

These valuations are very attractive compared to current market parameters and represent great upside potential in medium term hence good assets for a medium term value investors.

2 Re: Abans group and the budget on Wed Dec 02, 2015 8:17 pm


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Why only Abans SHL also

3 Re: Abans group and the budget on Wed Dec 02, 2015 10:17 pm


Vice President - Equity Analytics
Vice President - Equity Analytics
@fireshelter wrote:Why only Abans SHL also
1.SHL is having 779Million shares while ABAN is 5Million shares
2.ABAN is electric company while SHL's electronic sale is part of it's business
Rolling Eyes Rolling Eyes Rolling Eyes

4 Re: Abans group and the budget on Thu Jun 15, 2017 4:36 pm


Senior Equity Analytic
Senior Equity Analytic
Abans group has reported heavy losses for the quarter ended 31st March 2017.Is it because of their involvement in Real Estate business?

fortunetellerEquity Analytic

View previous topic View next topic Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum