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

» අනං## මනං ##
by ruwan326 Today at 7:24 am

» ##FUN TOONS###
by ruwan326 Today at 6:53 am

by Yahapalanaya Yesterday at 10:17 pm

» Financial Reports Q-3 2018
by ruwan326 Yesterday at 9:49 pm

by ruwan326 Yesterday at 9:45 pm

by ruwan326 Yesterday at 9:41 pm

» Dealing by directors
by ruwan326 Yesterday at 9:39 pm

» Daily Foreign Transactions
by ruwan326 Yesterday at 9:35 pm

by ruwan326 Yesterday at 8:59 pm

» #PM Crisis#
by ruwan326 Yesterday at 8:34 pm

» News Behind CTCE.N0000 Running?
by Agape Yesterday at 12:07 pm

» දුනාමි CSEC කැපිටල් එක 98% ජනශක්ති සමූහය මිලයට ගන්නෙත් BFN ගනුදෙනුව ස්තිරවම වෙන නිසා කියලයි තතු දත්තෝ කියන්නේ
by ruwan326 Yesterday at 9:22 am

» FOR all the BFN/CFVF/JINS Promoters
by ruwan326 Yesterday at 8:25 am

» HDFC is the luckiest bank!
by easthetic Yesterday at 7:47 am

by sanjulanka Yesterday at 6:49 am

by Agape Thu Dec 13, 2018 5:36 pm

» Asia Asset Finance announces Rs. 425 mn IPO
by Chillr_25 Thu Dec 13, 2018 2:48 pm

» SRI LANKA @ 2020
by ruwan326 Thu Dec 13, 2018 1:25 pm

by sheildskye Thu Dec 13, 2018 12:08 pm

by ruwan326 Thu Dec 13, 2018 11:03 am

» @RANFERDI, YAhapalan, In which list are you? Puravesi Lithro List, or Kiriella List or other list
by ruwan326 Thu Dec 13, 2018 10:27 am

» Keep eye on ASIY
by ruwan326 Thu Dec 13, 2018 10:23 am

» BFN ගනු දෙනුව වෙනවා ..
by Equity Suda Thu Dec 13, 2018 9:48 am

» BFN - JINS - UBC - අද මෙම කොටස් හුවමාරු වුනු ප්‍රමාණ සහ ආකාරය බලන්න
by ruwan326 Thu Dec 13, 2018 9:48 am

» Confidence is every part of trading.
by ruwan326 Wed Dec 12, 2018 9:34 pm

by ruwan326 Wed Dec 12, 2018 8:27 pm

» JINS - BFN DELAS 100% SURE මතකද . ජනශක්ති GENERAL සමාගම වික්ක හැටි - එක පාරටම
by sanjulanka Wed Dec 12, 2018 1:12 pm

» UAL artifically pushed up - beware!
by nosf766 Wed Dec 12, 2018 12:20 pm

» රැවටෙන්න එපා ..විකුන්නන එපා ..ණයට ගන්න එපා .BFN - JINS එකතු කරන්නා හෙට දිනනනවා
by sanjulanka Wed Dec 12, 2018 8:09 am

» NDB declared ‘Bank of the Year’ by The Banker, UK
by ruwan326 Tue Dec 11, 2018 8:41 am

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » LITE now or never

LITE now or never

Go down  Message [Page 1 of 1]

1 LITE now or never on Fri Aug 12, 2016 2:23 pm

Ryan Hudson

Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
You may be able to buy LITE now or never

2 Re: LITE now or never on Mon Aug 15, 2016 11:00 am

Ryan Hudson

Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Reasons for LITE to move up

- Eveready batteries withdrawn from Sri Lanka market

- New products from LITE such as CFL Bulbs

3 Re: LITE now or never on Mon Aug 15, 2016 12:11 pm

Hawk Eye

Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Last Year EPS is 1.14
Last Qtr EPS is : 0.56

The turnover from Penlite Batteries, CFL Bulbs and Rechargeable torches which constitutes the core trading operation of the Company showed a very satisfactory sales during the current year vis-a-vis the achievement of the previous year. Laxapana’s Marketing Division took advantage of the vacuum in the market to thrust its marketing efforts more aggressively to take advantage of the available opportunity. Keeping in line with our policy of diversifying our range of products and the manufacturing activities to achieve a more dominant presence in the lighting market, the Company commenced its CFL Bulb assembly operations during mid-2014. This new manufacturing initiative enabled the Company to increase the sales by twofold in this sector. ( Chairmans Review -Annual Report 2015/16)

The Laxpana brand is known and relied on by customers for over 50 years as a dependable supplier of quality torch batteries. It is very specially accepted and popular in the non- metropolitan areas, specially in regions where agriculture predominates. As a medium term strategy the Company will continue to market imported dry cell batteries and to complement the range of products, GLS Bulbs, CFL Bulbs and Safety Wax Matches have been introduced to the market under the brand name Laxapana. Several other products are also under study to be introduced by Laxapana in addition to the existing range. (Annual Report)

if we assume they can repeat  last Qtr EPS they will end this year with a EPS of 2.24.(0.56x4) But their annual report mentions they have potential to further increase the top line and bottom line

Therefore I am looking at a EPS range 2.25-2.50 with the current results at  the moment until June Qtr get released

Please do your own analysis before making any decision.also share your comments 


4 Re: LITE now or never on Mon Aug 15, 2016 12:22 pm


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Ryan Hudson wrote:You may be able to buy LITE now or never
I never believe this never talk.. Very Happy

Back to top  Message [Page 1 of 1]

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