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Country has done well in 2016 than 2015

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Country has done well in 2016 than 2015

Post by predictor on Mon Jan 30, 2017 9:40 pm

14 companies have released their 3rd qtr results by yesterday. Companies have done much better in 1st 3 qtrs of 2016 than 2015. CSE should move up soon. Its dropped because of manipulation mainly with the robbed money of the previous regime. This is done in order to show economy is bad and trying to grab power and to save the leaders of prev regime going to prison.  Until 2020 there is no change of govt.

 Results released up to yesterday are given below.
in Mlns
3rd qtr9 mnths ending 31st decemberGrowth
2016
2015
2016
2015
JKHT/over   18,314,008        15,987,717
15%
     49,798,413     43,977,884
13%
Net Profit     5,657,332       4,405,396
28%
     12,497,869      10,585,467
18%
TJLT/over     6,347,581          5,578,159
14%
      16,381,376       12,349,114
33%
Net Profit        473,354           672,063
-30%
       1,462,459        1,346,627
9%
WatawalaT/over     1,430,459        1,363,743
5%
       4,737,895          4,615,112
3%
Net Profit       466,000              177,197
163%
         1,013,851          438,822
131%
BFLT/over      1,132,687        1,059,390
7%
       3,257,447      2,934,923
11%
Net Profit        237,109             165,561
43%
           615,660           453,237
36%
SenkadagalaT/over     1,261,093           967,388
30%
       3,455,907         2,774,417
25%
Net Profit         185,194             137,737
34%
          574,683          446,370
29%
GrainT/over    3,702,225          3,801,011
-3%
      14,521,693      13,741,283
6%
Net Profit        469,855           474,434
-1%
        1,616,249          1,178,136
37%
TAFLT/over         713,041            597,901
19%
       2,545,323      2,089,204
22%
Net Profit        225,261          203,288
11%
           759,218           550,506
38%
AAFT/over       293,902             173,513
69%
           791,840            461,614
72%
Net Profit          79,032              43,737
81%
           192,275            120,579
59%
HPWRT/over    62,471,121   135,263,302
-54%
          194,602            337,251
-42%
Net Profit        (66,160)             83,477
-179%
           (65,405)         209,262
-131%
TsmlT/over       586,960           446,524
31%
       1,649,047       1,433,343
15%
Net Profit          25,899                 (522)
5061%
            39,956            (13,616)
393%
AutodromT/over         159,526             171,003
-7%
          546,492           460,491
19%
Net Profit               236               4,982
-95%
             15,064             19,930
-24%
L FINT/over    2,478,534        2,222,174
12%
       7,227,904       6,360,979
14%
Net Profit     1,002,214          936,623
7%
      2,878,206        2,539,164
13%
overseasT/over        593,218           735,226
-19%
       2,421,884       3,140,666
-23%
Net Profit        747,222          806,449
-7%
        2,978,110       3,030,853
-2%
Cold storesT/Over    11,279,297        8,769,675
29%
    32,439,216    24,888,349
30%
Net Profit       823,494            651,623
26%
       2,729,287        1,907,946
43%
 
Look at the revenue and profitability of these companies. Almost all companies have shown better revenues and profits. Revenue increase shows increase of disposable income of the srilankan population. Is n’t it mean country is better.  Don’t  we have better freedom now?  Don’t  we have better international relations? Look at JKH, revenue up by 13%. People have spent money. Look at TFL, Grain, BFL, ccs, LFIN, Watawala, AAF  all companies have done better. Share prices are not moving up. Why ???  It’s an organized gang doing manipulation. SEC should act fast and put the culprits behind bars.
Buyers are there and waiting to grab it at lower prices. The moment it starts to go up it will jump within few days.
Can anyone say Weerawansa had not robbed ? Think how he was able to hire vehicles for his family members, party members, journalists etc. Can Joint opposition with such a big foolish crowd  treat him as a hero.  Can such a guy come on screen from the prison. Can a wife and child of him be treated as heros?  Are these people deaf and blind to follow the joint opposition??

Actually this govt is slowly doing the job without much required publicity. Srilankans need some sort of stories then only they believe. While previous govt  was robbing they had enough support from the media to mislead the people. This Govt. should act fast and inform public what they are doing.

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Re: Country has done well in 2016 than 2015

Post by sisira.wijeweera on Mon Jan 30, 2017 10:10 pm

@predictor wrote:14 companies have released their 3rd qtr results by yesterday. Companies have done much better in 1st 3 qtrs of 2016 than 2015. CSE should move up soon. Its dropped because of manipulation mainly with the robbed money of the previous regime. This is done in order to show economy is bad and trying to grab power and to save the leaders of prev regime going to prison.  Until 2020 there is no change of govt.

 Results released up to yesterday are given below.
in Mlns
3rd qtr9 mnths ending 31st decemberGrowth
2016
2015
2016
2015
JKHT/over   18,314,008        15,987,717
15%
     49,798,413     43,977,884
13%
Net Profit     5,657,332       4,405,396
28%
     12,497,869      10,585,467
18%
TJLT/over     6,347,581          5,578,159
14%
      16,381,376       12,349,114
33%
Net Profit        473,354           672,063
-30%
       1,462,459        1,346,627
9%
WatawalaT/over     1,430,459        1,363,743
5%
       4,737,895          4,615,112
3%
Net Profit       466,000              177,197
163%
         1,013,851          438,822
131%
BFLT/over      1,132,687        1,059,390
7%
       3,257,447      2,934,923
11%
Net Profit        237,109             165,561
43%
           615,660           453,237
36%
SenkadagalaT/over     1,261,093           967,388
30%
       3,455,907         2,774,417
25%
Net Profit         185,194             137,737
34%
          574,683          446,370
29%
GrainT/over    3,702,225          3,801,011
-3%
      14,521,693      13,741,283
6%
Net Profit        469,855           474,434
-1%
        1,616,249          1,178,136
37%
TAFLT/over         713,041            597,901
19%
       2,545,323      2,089,204
22%
Net Profit        225,261          203,288
11%
           759,218           550,506
38%
AAFT/over       293,902             173,513
69%
           791,840            461,614
72%
Net Profit          79,032              43,737
81%
           192,275            120,579
59%
HPWRT/over    62,471,121   135,263,302
-54%
          194,602            337,251
-42%
Net Profit        (66,160)             83,477
-179%
           (65,405)         209,262
-131%
TsmlT/over       586,960           446,524
31%
       1,649,047       1,433,343
15%
Net Profit          25,899                 (522)
5061%
            39,956            (13,616)
393%
AutodromT/over         159,526             171,003
-7%
          546,492           460,491
19%
Net Profit               236               4,982
-95%
             15,064             19,930
-24%
L FINT/over    2,478,534        2,222,174
12%
       7,227,904       6,360,979
14%
Net Profit     1,002,214          936,623
7%
      2,878,206        2,539,164
13%
overseasT/over        593,218           735,226
-19%
       2,421,884       3,140,666
-23%
Net Profit        747,222          806,449
-7%
        2,978,110       3,030,853
-2%
Cold storesT/Over    11,279,297        8,769,675
29%
    32,439,216    24,888,349
30%
Net Profit       823,494            651,623
26%
       2,729,287        1,907,946
43%
 
Look at the revenue and profitability of these companies. Almost all companies have shown better revenues and profits. Revenue increase shows increase of disposable income of the srilankan population. Is n’t it mean country is better.  Don’t  we have better freedom now?  Don’t  we have better international relations? Look at JKH, revenue up by 13%. People have spent money. Look at TFL, Grain, BFL, ccs, LFIN, Watawala, AAF  all companies have done better. Share prices are not moving up. Why ???  It’s an organized gang doing manipulation. SEC should act fast and put the culprits behind bars.
Buyers are there and waiting to grab it at lower prices. The moment it starts to go up it will jump within few days.
Can anyone say Weerawansa had not robbed ? Think how he was able to hire vehicles for his family members, party members, journalists etc. Can Joint opposition with such a big foolish crowd  treat him as a hero.  Can such a guy come on screen from the prison. Can a wife and child of him be treated as heros?  Are these people deaf and blind to follow the joint opposition??

Actually this govt is slowly doing the job without much required publicity. Srilankans need some sort of stories then only they believe. While previous govt  was robbing they had enough support from the media to mislead the people. This Govt. should act fast and inform public what they are doing.
Thanks. 
This is the time buy

sisira.wijeweera
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Re: Country has done well in 2016 than 2015

Post by onlystardust on Tue Jan 31, 2017 6:18 am

Agree with most statements, also take in consideration the amount of Rights Issues, Bonds Issues, Debentures and now the implications of new IPOs which may hit the market latter this year, you may see where the investment money is going so this year may be another hard year for the Equities.

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Re: Country has done well in 2016 than 2015

Post by kalu_mahaththaya on Tue Jan 31, 2017 10:01 am

I think the writer of this article has no understanding about the world economic reading. I explained the reasons of downgrading of CSE in a different article. However I'm very glad to see the continuation of this government even beyond 2020 because Sri Lankan people must suffer more. This is not a fault of Ranil Wickramasinghe or Sirisena because Sri Lankan people know well about their history and the reality we are experiencing today is a tailor made. People expected " a change" from mothers of thieves and murderers. People have experienced 1987/1988 era and 2002 era which same thieves and murderers governed. Still somebody hope a better future from these daylight robbers, I don't give shit to them....

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Re: Country has done well in 2016 than 2015

Post by EquityChamp on Tue Jan 31, 2017 12:46 pm

@onlystardust wrote:Agree with most statements, also take in consideration the amount of Rights Issues, Bonds Issues, Debentures and now the implications of new IPOs which may hit the market latter this year, you may see where the investment money is going so this year may be another hard year for the Equities.


Its quite certain. This year January is no different than that of January 2016. In January 2016 we saw the market crashing by 8% and in January 2017 the market dropped by about 1.4%. Though this dip is lower than the previous still the market is dropping. The PE levels come down to 12x. Foreigners continue to be the net sellers selling a net of Rs1.4Bn in YTD this year so far. All signs are that 2017 going to see an extended bear run from a partial recovery in 2014.
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Re: Country has done well in 2016 than 2015

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