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
Submit Post
Submit Post

Latest topics

» CASH RICH REXP
by EPS Today at 9:20 pm

» Earn Over 100% Profit Monthly In Forex Account Management
by princess111 Today at 6:41 pm

» Weekly Stock Market Roundup
by Insights Equity Today at 4:28 pm

» ලංකාවට වැස්ස කෘතිම වැස්ස..is it required for Sri Lanka?
by Uaecoindubai Today at 12:03 pm

» What Sri Lanka can do to improve the credibility of Rupee
by Sstar Today at 11:30 am

» UBC - What is going on
by Soilconomy Today at 6:47 am

» UBC TO HIT 24 ??
by Soilconomy Today at 6:47 am

» UBC - Stake up by big invester
by Soilconomy Today at 6:46 am

» Sad situation of expressway !!!!
by Yahapalanaya Today at 4:12 am

» GOLDEN ERA
by soileconomy Yesterday at 9:14 pm

» Daily Stock Market Update
by Insights Equity Yesterday at 7:20 pm

» INSURANCE companies finally falling!
by nosf766 Yesterday at 2:00 pm

» Cinnamon Grand now Topless without Rohan Karr
by ChooBoy Yesterday at 1:47 pm

» MARKET CRASH - GUARANTEED
by Maharaja Yesterday at 1:47 pm

» Dusit Thani Sri Lanka project halted?
by ChooBoy Yesterday at 11:44 am

» Profitable Forex Copy (over 100% profit monthly)
by princess111 Yesterday at 6:02 am

» SEC Chief welcomes PM’s remark on EPF’s return to stock market
by kalu351 Yesterday at 2:16 am

» පැලවත්ත කිරි සමාගම කොටස් වෙළද පොළට,DRINK pelawaththa milk & help sri lanka
by Miss-Sangeetha Thu Mar 21, 2019 5:39 pm

» CSE is promoting Life Insurance companies whilst Stock Market is crashing.
by ChooBoy Thu Mar 21, 2019 12:35 pm

» Singapore rejects Sri Lankan leader’s allegation on trading scam suspect
by Yahapalanaya Thu Mar 21, 2019 8:18 am

» BALA.N potential
by Yahapalanaya Thu Mar 21, 2019 6:39 am

» Sri lanka tourism income reached 4.4 billion USD 2019
by Yahapalanaya Wed Mar 20, 2019 10:03 pm

» presidential election very soon ?
by Yahapalanaya Wed Mar 20, 2019 10:01 pm

» AEL.N0000 is the Next AAIC.N0000 -
by Trader321 Wed Mar 20, 2019 12:37 pm

» World Bank approves USD70Mn to Sri Lanka
by Sstar Wed Mar 20, 2019 11:13 am

» Sri Lanka shares end little changed; rupee rises
by Miss-Sangeetha Tue Mar 19, 2019 6:30 pm

» Diversification of Sri Lankan economy, must to garner more economic benefits
by ChooBoy Tue Mar 19, 2019 2:04 pm

» ALHP Right issue......!!!!1
by Miss-Sangeetha Tue Mar 19, 2019 11:47 am

» UBC.N0000- Donnt miss this
by Trader321 Tue Mar 19, 2019 10:13 am

» BFN - DEAL OVER - TO BE DE LISTED SOON AFTER THE PRIVATE PLACEMENT ඩීල් එක ඉවරයි @ 19-59 - කොටස් වෙළදපලෙනුත් ඉවත් කරගන්නා බවට ආරන්චි
by sanjulanka Mon Mar 18, 2019 7:03 am

» While waiting for the market to rebound, look for bargains if you can afford the risk. Try to be active at the right time to gain something
by Asoka Samarakone Sun Mar 17, 2019 3:18 pm

» ඉතා ඉක්මනින් සේවක අර්තසාදක අරමුදල නැවත කොටස් වෙළදපල ට
by mahasona2 Sun Mar 17, 2019 3:43 am

» Central Bank targeting early return of EPF to stock market
by mahasona2 Sun Mar 17, 2019 3:24 am

» Lofc delisting??
by Bdcdman Sat Mar 16, 2019 11:16 pm

» Today is UBC.N0000 day.
by Trader321 Fri Mar 15, 2019 11:32 am

» HVA WILL THEY RECTIFY THE REGULATORS QUARIES BEFORE DEAD LINE?
by Bdcdman Fri Mar 15, 2019 11:11 am

» ALHP WILL MOVE UP from next MONDAY
by Miss-Sangeetha Fri Mar 15, 2019 10:52 am

» ALHP WILL MOVE UP SOON
by mahasona2 Thu Mar 14, 2019 11:05 pm

» ලාංකීය හෙදියකට ලක්ශ 9 ක් ගෙවන ඇමෙරිකාව
by Uaecoindubai Thu Mar 14, 2019 3:48 pm

» EAST INTERESTING DAYS AHEAD 25+
by karuna2 Thu Mar 14, 2019 11:43 am

» රජයේ පඩි දෙගුණයක් වුන හැටි
by Uaecoindubai Thu Mar 14, 2019 9:31 am

» UBC.N0000 Vs AEL.N0000 - What will be the best
by Trader321 Thu Mar 14, 2019 9:15 am

» EFP TO start again invest in Stocks
by mahasona2 Thu Mar 14, 2019 1:10 am

» Second reading of budget passed by 119 Votes - Shows this Government is Confident
by Maharaja Wed Mar 13, 2019 11:27 pm

» Fall of stocks - Big Players are behindThis is the time to buy and collect stocks
by mahasona2 Wed Mar 13, 2019 9:49 pm

» Government salary hike almost double..
by Uaecoindubai Wed Mar 13, 2019 9:32 pm

» COLOMBO STOCKS 5 1/2 LOW
by soileconomy Wed Mar 13, 2019 7:19 pm

» UBC.N0000 ? Expert ideas please ?
by Trader321 Wed Mar 13, 2019 2:31 pm

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » Nation Lanka Finance PLC - Growing with stability

Nation Lanka Finance PLC - Growing with stability

Go to page : 1, 2  Next

Go down  Message [Page 1 of 2]

EquityChamp

EquityChamp
Moderator
Nation Lanka, hammered with impairments and deposit withdrawals following Golden key saga, is recovering slowly yet steadily. Their new business model has earned them a fantastic interest yield with a huge loan book growth. As some of you may aware now Nation Lanka has entered into the lucrative micro finance business and join hands with COCR, BIL and LOFC.

Just a summary of key financials with a conservative estimate for FY 2016/17 is given below.
Rs mn2014/15 A2015/16 A2016/17 F
Loans & Advances43895608          7,080
Growth in loans & advances64%28%26%
Interest income11652087          2,780
Growth in interest income29%79%33%
Interest yield33%42%44%
NPAT-429162              222
According to the above table you may seen the double digit growth in loans and advances with an interest yield of over 40%, a mark achieved by none other than BLI. You may recall my thread on benchmarking finance sector stocks where I showed BLI earning an interest yield of over 48% where as majority of other finance companies just generate a yield around 20%-25%. So in that sense you can get an idea as to how Nation Lanka will do in the future.

The above PAT was estimated based on very conservative assumptions of loan book growth and PAT margins yet they can generate an EPS of 30 cents for the next financial year which translates to a PE of 6x at the closing price of Rs1.8 but still trading at a discount to the industry PE benchmark. NAV tyrned to positive 1 in 15/16 from a negative 1 in 14/15.

So within 2 to 3  years this company generating a profit in excess of half a billion so that the price should reach Rs5/- which means a lucrative medium term investment for you.

Do your own analysis also to take an informed decision.

Thanks

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
I have analyse last two quarter financial report.

I feel they will produce 10-20 Cents for this quarter.

this is my Idea....

Bcz last quarter they made 8 Cents. I expect this time over 10 cents and bellow 20 cents.

maybe that is practical......

hiransilva23


Vice President - Equity Analytics
Vice President - Equity Analytics
EC meka tawa godak yanna puluwanda??malanga poddak tiyanawa.mokakda karanna one?any idea?

EquityChamp

EquityChamp
Moderator
@hiransilva23 wrote:EC meka tawa godak yanna puluwanda??malanga poddak tiyanawa.mokakda karanna one?any idea?

Keep what you have. And if possible try to buy some possibly below 1.90 level.

EquityChamp

EquityChamp
Moderator
The below is how the technical charts look like as of now. Technical charts indicates BUY and moving averages indicates Strong BUY. But better to have caution as well since RSIs shot up to 80 levels due to this weeks heat up. It is possible to break the psychological barrier of 2/- today but better to wait if you are unable to grab some below 1.90. In terms of financials the share is worth to have a mid term to long term bull run so keep that in mind as well specially when the share price declines.

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
So within 2 to 3  years this company generating a profit in excess of half a billion so that the price should reach Rs5/- which means a lucrative medium term investment for you.

I do not agree with this affraid

I need to know remaining impairment amounts they have to consider in next accounts.

If their impairment burden is mostly gone by now then the story will be much brighter in future.

If no impairments their Earnings per Share was about 83 cents without tax  for 2015/16 Y/Y .

Hence  my targets go to much upper ranges and it should reach  5 more fast. (low impairment assumed)

Teller

Teller
Moderator
How ever it take to another 4-5 years to remove retained losses from their balance sheet. If they can earn 200 million per annum with in 5 years losses will be zero . how ever they can accelerate their earnings easily as more than 5 billion loans and advances.
In that scenario it can touch easily 7.50 - 8 rupees.
For the short run 2.30 to 2.50 possible.

EquityChamp

EquityChamp
Moderator
As predicted the psycological barrier of 2/- broken with great power. Seems like this run has a greator power than I thought. Anyway holders to keep your holdings tight. New commers to wait till the heat get reduced.

NZ BOY

NZ BOY
Moderator
My target 2.50 to 2.80 in this short term run

sharemarket

sharemarket
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@NZ BOY wrote:My target 2.50 to 2.80 in this short term run
RSI Very high wait & see.....

kassachandimal


Manager - Equity Analytics
Manager - Equity Analytics
EC is it good to grab some CSF @ 2 for short term ?

hiransilva23


Vice President - Equity Analytics
Vice President - Equity Analytics
Nz boy kiyana ganan target gana wadiya hitanna epa.e ganan walata yanne na.eya godak ewata target dunna.profit nam exit wena eka hondai wage.

NZ BOY

NZ BOY
Moderator
@hiransilva23 wrote:Nz boy kiyana ganan target gana wadiya hitanna epa.e ganan walata yanne na.eya godak ewata target dunna.profit nam exit wena eka hondai wage.
Davasin 2 n Shares up venna meka Casino neme

fireshelter

fireshelter
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Very Happy Very Happy

EquityChamp

EquityChamp
Moderator
@kassachandimal wrote:EC is it good to grab some CSF @ 2 for short term ?

Try below 1.90. My ideal target was to 1.5 or below but this one jumped up suddnely.

kassachandimal


Manager - Equity Analytics
Manager - Equity Analytics
Thanks EC

NZ BOY

NZ BOY
Moderator
Im trying to buy 1.70 -1.80 good chance to buy now

hiransilva23


Vice President - Equity Analytics
Vice President - Equity Analytics
Be careful

gayanath1983

gayanath1983
Vice President - Equity Analytics
Vice President - Equity Analytics
yes seems like game over

gayanath1983

gayanath1983
Vice President - Equity Analytics
Vice President - Equity Analytics
my prediction was wrong...

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@gayanath1983 wrote:my prediction was wrong...


maybe some one sold at 2.0 level continues selling. if not your target is reachable.

13 Million traded that is enough to reach 2.3  but its fail. maybe we have a chance to collect at lower

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@EquityChamp wrote:As predicted the psycological barrier of 2/- broken with great power. Seems like this run has a greator power than I thought. Anyway holders to keep your holdings tight. Newcomers to wait till the heat get reduced.

මේක ගන්න  අය බයින් ප්‍රෙශර් එක පෙන්වන්නෙ නැතුව හෙමින් හෙමින් පොඩි ගොඩවල් වලින්  එකතු කරගෙන ගියා වෙන්න පුලුවන්. නමුත් 1.90 පන්නනකොට හියර් එක මාරු කරල ඔක්කොමලා ලොකු ගොඩවල් ගන්න පටන් ගත්ත​.

ඇත්තම කියනව නම් මේක දීර්ඝ කාලීනව ගන්න අයට 1.40 ද 2.00 ද 2.50 ද කියන එක ගැන වැඩිය හිතල වැඩක් නෑ. ඒ අය ටාගට් කරන්න ඕන ​50%, 100% නොවේ ඊට වඩා වැඩි දෙයක්.  

එනමුත් පන්නගෙන යන්නෙ නැතුව අඩු උනාම​ ගන්න තරමට රිස්ක් එක අඩුයි.

EquityChamp

EquityChamp
Moderator
Trust I have spoke enough of CSF and you all have saw the support provided @ 2/-. So finally CSF may see stabilising on a new support level.

EquityChamp

EquityChamp
Moderator
Still the buying interest is intact according to charts. The stock still at overbought situation.

troy

troy
Moderator
i think its good to enter now @ 1.80 1.90 level. can achieve 10% by day trading even.

NZ BOY

NZ BOY
Moderator
Good price to enter

Teller

Teller
Moderator
CSF technically will drop to 1.50 levels. How ever 1.60 also good buy.

stockboy


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
never if it comes to 1.7 one buyer is waiting for buy 20 m shares

hiransilva23


Vice President - Equity Analytics
Vice President - Equity Analytics
Csf 1.20 ta 1.30 weli weli tibuna.eth kagewat loku intrest ekak tibune na.passe 2.10 tat giya.dan amaruwen 1.70ta 1.80 ganna hadanawa.mewa eka para wadi wenne kauru hari meka pitipasse inna nisane.meka honda wennat hexp honda nati wennat reason ekak kauru hari pahadili karanawada?me dekama honda stock 2k neda???

EquityChamp

EquityChamp
Moderator
This depends on how you see a particular stock. if you analyse the past performance of the stock and how they are doing now then you can take a relatively measured view on any stock. If you put a heavy weight on future expectations regardless of what the company is doing now then you end up with a complete different picture.

Hayleys fibre recorded a continues decline in their revenue over tha past many years to date and the most worrying point is the revenue is still declining. Their main market segments are shrinking. Their profit margins are continue to come down meaning escalating cost.

Compared to Nation Lanka though two different industries, Nation Lanka experienced huge troubles with the Golden Key saga and they experienced loss of customer deposits, decline in the value of land portfolios, debtor writeoffs, etc. In 2014 and 2015 they went for two rights issues in serch of money to safeguard the lost capital due to many losses as above. In the FY 2015/16 they start producing profits with a growth quarterly. The interest income has gone up more than 50%. They have entered into the lucrative micro finance business too which yields them above average yields. On top of that their negative book value turned to positive. With this track record any investor can paint the future of this stock.

Therese are the main differences I can see in these two stocks.

In summary Hayleys Fibre shows a continuous decline in all key performance parameters up to now where as Nation Lanka once was nearing to bankruptcy have shown signs of recovery with a promising growth.

For your information I have positively written on the following stocks too. if you have time just search typing the company name.
Abans Electricals, Laxapana Batteries, TAFL, GRAN, BFL, Swisstek, Kelany tyres, ACL Cables, Kelani Cables, Stafford Hotels, Piguses Reef, Royal Ceramics, etc.

Thanks

Teller

Teller
Moderator
CSF has moved to super bubble pattern sub trend line (-) 0.2 , so there is a strong chance to come back 1.50 levels.
But due to new support it can STAY 1.60 levels for a long time.

NZ BOY

NZ BOY
Moderator
@Teller wrote:CSF has moved to super bubble pattern sub trend line (-) 0.2 , so there is a strong chance to come back 1.50 levels.  
But due to new support it can STAY 1.60 levels for a long time.
Thank u Teller We can Collect more for mid term

NZ BOY

NZ BOY
Moderator
@EquityChamp wrote:This depends on how you see a particular stock. if you analyse the past performance of the stock and how they are doing now then you can take a relatively measured view on any stock. If you put a heavy weight on future expectations regardless of what the company is doing now then you end up with a complete different picture.

Hayleys fibre recorded a continues decline in their revenue over tha past many years to date and the most worrying point is the revenue is still declining. Their main market segments are shrinking. Their profit margins are continue to come down meaning escalating cost.

Compared to Nation Lanka though two different industries, Nation Lanka experienced huge troubles with the Golden Key saga and they experienced loss of customer deposits, decline in the value of land portfolios, debtor writeoffs, etc. In 2014 and 2015 they went for two rights issues in serch of money to safeguard the lost capital due to many losses as above. In the FY 2015/16 they start producing profits with a growth quarterly. The interest income has gone up more than 50%. They have entered into the lucrative micro finance business too which yields them above average yields. On top of that their negative book value turned to positive. With this track record any investor can paint the future of this stock.

Therese are the main differences I can see in these two stocks.

In summary Hayleys Fibre shows a continuous decline in all key performance parameters up to now where as Nation Lanka once was nearing to bankruptcy have shown signs of recovery with a promising growth.

For your information I have positively written on the following stocks too. if you have time just search typing the company name.
Abans Electricals, Laxapana Batteries, TAFL, GRAN, BFL, Swisstek, Kelany tyres, ACL Cables, Kelani Cables, Stafford Hotels, Piguses Reef, Royal Ceramics, etc.

Thanks
Good Explain Thanks Buddy

EquityChamp

EquityChamp
Moderator
I think now you can see clearly the support created @ 1.90. It will be not too far to improve the support level @ 2.00. And with time it will show you all a surprise move. I anticipate a share consolidation for this stock once they are in a clear path of growth.

Thanks

sanjulanka


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Very Happy Very Happy Very Happy Basketball Basketball Basketball
Thanks EC

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
I was exited about this share but now stay watching because they have reduced asset value of 1 rupee reported earlier to 59 cents after recalculating.

Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Chinwi wrote:I was exited about this share but now stay watching because they have reduced asset value of 1 rupee reported earlier to 59 cents after recalculating.
collection is going on at 1/90, will have a run very soon.....

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@Eugine Fernando wrote:
@Chinwi wrote:I was exited about this share but now stay watching because they have reduced asset value of 1 rupee reported earlier to 59 cents after recalculating.
collection is going on at 1/90, will have a run very soon.....[/quote ]

I do not do what crowd  do;  take investment decisions  on fundamentals for long term gain .

I have some xxx,xxx SFL and currently placed big orders at much lower levels. Will come again after few months to buy higher even @ 2.30-2.50 only if fundamentals show long term growth.

EquityChamp

EquityChamp
Moderator
Looks at CSF very carefully. Without noticing by anyone I can say CSF is going to upgrade its support level to Rs2/-. I feel strongly.

TARGET


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Chinwi wrote:
@Eugine Fernando wrote:
@Chinwi wrote:I was exited about this share but now stay watching because they have reduced asset value of 1 rupee reported earlier to 59 cents after recalculating.
collection is going on at 1/90, will have a run very soon.....[/quote ]

I do not do what crowd  do;  take investment decisions  on fundamentals for long term gain .

I have some xxx,xxx SFL and currently placed big orders at much lower levels. Will come again after few months to buy higher even @ 2.30-2.50 only if fundamentals show long term growth.
So you hv collected sfl and now you should in profit? What the reason you to collect sfl at that time?

Back to top  Message [Page 1 of 2]

Go to page : 1, 2  Next

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