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
Latest topics
» About..SFL preference share.
Today at 8:50 pm by keeper

» Technical Analytics & Charts
Today at 8:46 pm by SHARK

» watch out SFS
Today at 8:43 pm by hasarel

» CSD Future
Today at 8:29 pm by indi009

» Good to collect Adam?
Today at 8:27 pm by Runnerx

» SFL to takeover at 175
Today at 7:58 pm by player

» TJL what is happening???
Today at 7:35 pm by THILANGAF

» PABC and SEYLAN 30.06.2014
Today at 7:15 pm by nilangagamage@gmail.com

» free lanka capital
Today at 6:57 pm by nirowat

» JOHN KEELLS HOTELS PLC
Today at 6:48 pm by Market R

» WHY IS CHANGE NEEDED ?
Today at 6:48 pm by cse1981

» Help with CLPL W13
Today at 5:33 pm by Jana

» Announcement - Best Contributor of The Month
Today at 5:27 pm by yellow knife

» What happent to UBC!
Today at 5:01 pm by Runnerx

» I WILL NOT EAT LUCKY YOGURT AGAIN
Today at 4:41 pm by stevenapple

» CSE SMS Media Release
Today at 4:17 pm by SHARK

» VIFIN going to touch 50
Today at 4:03 pm by Harry82

» JANASHAKTHI INSURANCE PLC
Today at 3:55 pm by kethees

» CSE XD DATE AGM & PAYMENT ANNOUNCEMENTS
Today at 3:29 pm by SHARK

» ELPL moving slowly
Today at 3:26 pm by Market R

» Rumors going on following stocks
Today at 3:25 pm by gamaya

» Any Dividend Announcements?
Today at 3:25 pm by Market R

» CFLB,KAPI and YORK rally will start soon
Today at 3:15 pm by MoneyTree

» New Breed of Members are Online!!
Today at 3:15 pm by SHARK

» Cheers everyone!
Today at 3:07 pm by Aubrey Perera

» Well Come Romen Regins WWE Champ :D
Today at 2:41 pm by NZ BOY

» Ready to sux SFL
Today at 2:35 pm by UAEBOY

» Last Day - help me
Today at 2:33 pm by shadow walker

» Tomorrow is a LUCKY Day..........?
Today at 1:43 pm by Market R

» Lucky Lanka Milk Processing Company Limited
Today at 1:42 pm by Market R

» Another run from big banks.
Today at 1:34 pm by shadow walker

» SWADESHI INDUSTRIAL, RAIGAM WAYAMBA - DIVIDEND ANNOUNCEMENTS
Today at 1:28 pm by keeper

» PCHH...........
Today at 1:08 pm by SHARK

» CLPL W13 CONVERSION
Today at 12:58 pm by Sanji11

» IMF warns sri lanka
Today at 11:40 am by stevenapple

» HOPL run is close.
Today at 11:31 am by cse1981

» VONE the ONE
Today at 11:22 am by Pethi

» DPL may rock
Today at 11:08 am by CARACALLA

» What do you think about TFIL
Today at 10:44 am by Aubrey Perera

» Massive Growth on Watawala Plantations - WATA
Today at 10:29 am by Market R

» Orient Finance PLC - Profit up 102 %
Today at 9:49 am by Harry82

» TKYO, HHL, TJL, LIOC soon - quarterly reports out soon!
Today at 9:23 am by hettdas

» The Best 5 Shares to Buy
Today at 9:11 am by shadow walker

» E-STATEMENT SERVICE TO CDS ACCOUNT HOLDERS
Today at 8:56 am by VISA

» 51% shares of Free Lanka Capital Holdings PLC offered to Dhammika Perera
Today at 6:43 am by shadow walker

» COCR target price???
Today at 6:36 am by Harry82

» Asia Capital to lose Park Street Hotel property management from December 2014
Today at 3:18 am by StockGuru

» I'm new here
Today at 12:35 am by Eng Krishantha

» CHOT at Rs14.10
Today at 12:15 am by Eng Krishantha

» Orient Finance PLC has achieved another milestone by surpassing the Rs. 2 billion
Today at 12:13 am by Eng Krishantha

» JOHN KEELLS HOLDINGS PLC
Today at 12:10 am by Eng Krishantha

» Probable Share Holding Structure of PCHH
Yesterday at 11:57 pm by Eng Krishantha

» how is mbsl ?
Yesterday at 11:39 pm by Eng Krishantha

» Lucky lanka non voting may hit @ 5 level
Yesterday at 8:54 pm by stevenapple

» What do you think about UML............?
Yesterday at 8:23 pm by nilangagamage@gmail.com

» Another Bond Deal in the Offing - COMB Chairman Dharma Dheerasinghe, CALF, TFIL and PABC and TAP Update
Yesterday at 8:05 pm by Business Basil

» SFIN MACD chart
Yesterday at 7:57 pm by NZ BOY

» INTERIM FINANCIAL STATEMENTS 30-06-2014
Yesterday at 6:39 pm by Market R

» WHAT IS NAV
Yesterday at 3:32 pm by MoneyTree

» SWISSTRK-PARQ
Yesterday at 3:06 pm by nkuda

» #CFLB or #VONE?
Yesterday at 2:50 pm by GroundedKestrel

» Snap Shot of My Share Portfolio
Yesterday at 2:36 pm by Sstar

» හිගන්නො කොටස් වෙළද පොලේ
Yesterday at 2:35 pm by Sstar

» BFL not moving ??????
Yesterday at 1:56 pm by nickjava

» RWSL can be shine soon
Yesterday at 1:38 pm by cse1981

» LLMP N is going down
Yesterday at 1:31 pm by Harry82

» CLPL.W13 near to Edge.
Yesterday at 1:15 pm by Niroshana1982

» After TAFL think and win post next recommende stock MBSL
Yesterday at 1:05 pm by CARACALLA

» Riverina Hotels Plc has amalgamated with Palm Garden Hotels Plc with effect from 5 December.
Yesterday at 11:14 am by skyfall

» York Street Partners led by Osman Kassim and family buying Asia Securities
Yesterday at 11:13 am by DealKing

» SHL (Softlogic Holdings): Hidden Value
Yesterday at 11:02 am by skyfall

» GREG...foreign selling...
Yesterday at 7:56 am by hettdas

» AMF today 25% up but no sellers
Yesterday at 1:45 am by Gainer

» What are Share Warrants? How Risky?
Tue Jul 29, 2014 10:40 pm by keeper

» lgl x may pass 40
Tue Jul 29, 2014 9:57 pm by shadow walker

» දිගටම කොටස් එකතු කරනවා නමි මොන කමිපණි එකද හොද ?
Tue Jul 29, 2014 8:56 pm by D.G.Dayaratne

» CLPL.W only 5 million shares in the market nearly 80% some one bought
Tue Jul 29, 2014 7:34 pm by sisira.wijeweera

» advice eakak danda.
Tue Jul 29, 2014 7:23 pm by sisira.wijeweera

» What will happen to WAPO
Tue Jul 29, 2014 5:27 pm by indi009

» Short Quotes
Tue Jul 29, 2014 4:29 pm by stevenapple

» FLCH very Attractive Current Price
Tue Jul 29, 2014 4:05 pm by Invest-Wise

» I GAVE ALL MY AINV SHARES TODAY.
Tue Jul 29, 2014 3:34 pm by playsmart

» Comparison of City Hotels in Colombo
Tue Jul 29, 2014 3:27 pm by D.G.Dayaratne

» CLPL 00W13 Will be Success?
Tue Jul 29, 2014 2:44 pm by Niroshana1982

» what is the next move of PCHH ?
Tue Jul 29, 2014 2:00 pm by UAEBOY

» ලකී ලංකා සුභ මූර්තියෙන් 30 දා කොළඹ කොටස් වෙළෙඳ පොළට කිරි උතුරුවා දේ
Tue Jul 29, 2014 1:42 pm by D.G.Dayaratne

» AAF at Rs.2
Tue Jul 29, 2014 1:27 pm by dineshfernando

» profit taking day
Tue Jul 29, 2014 1:18 pm by D.G.Dayaratne

» CLPL W13 WHAT WILL HAPEN
Tue Jul 29, 2014 1:14 pm by Niroshana1982

» Why Vallible One (VONE) Directors are selling out?
Tue Jul 29, 2014 12:15 pm by Pethi

» Invitation to all past and new members
Tue Jul 29, 2014 10:59 am by Sstar

» Nimal Perera is buying Lanka Ceramics. Why not you?
Tue Jul 29, 2014 10:43 am by Pethi

» Ernst & Young offers Bid to buy Free Lanka Capital 51% at Rs.3.70 per share
Tue Jul 29, 2014 10:41 am by WildBear

» how far will the ASPI go
Tue Jul 29, 2014 10:29 am by dudi

» LLUB is up - LIOC will do well
Tue Jul 29, 2014 9:18 am by stevenapple

» Eid Mubarak....!!
Tue Jul 29, 2014 9:15 am by stevenapple

» CSE Calendar - Ex Dates / AGM / EGM
Tue Jul 29, 2014 9:03 am by piyalpy

» PCHH will be the future winner with new share holders
Mon Jul 28, 2014 11:52 pm by Market R

» Special thanks Goes to Gainer, Jana, NZ BOY !!!
Mon Jul 28, 2014 11:30 pm by MasterBlaster

Virtual Stock Market Game
Virtual Stock Market Game - Vstox
Entertainment
Sri Lanka Equity - Entertainment
Forum Rules & Guidelines
Sri Lanka Equity Analytic
Disclaimer

The information contained in this forum have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein.

www.srilankaequity.com its blogs, forums, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever.

Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, www.srilankaequity.com its blogs, forums, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

PC HOUSE (PCH) - Future Outlook 5 2.9 42

PC HOUSE (PCH) - Future Outlook

Page 1 of 4 1, 2, 3, 4  Next

View previous topic View next topic Go down

PC HOUSE (PCH) - Future Outlook

Post by salt on Thu Feb 03, 2011 10:31 am

Will PC House report meaningfull increase in profits?
What will be the price outlook after 3Q reports?

salt
Vice President - Equity Analytics
Vice President - Equity Analytics

Posts: 1320
Points: 3205
Reputation: 86
Join date: 2011-01-31

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by invest-abc on Thu Feb 03, 2011 12:09 pm

Latest positive developments of PC House came to ground during past 4 to 5 weeks, so it's too early to see the progress in financial results. However, looking at the recent press relaeases made by the Management we can expect something decent.

invest-abc
Manager - Equity Analytics
Manager - Equity Analytics

Posts: 283
Points: 1666
Reputation: 35
Join date: 2011-01-31
Location: Colombo

Back to top Go down

PCH financial report released

Post by Monster on Thu Feb 03, 2011 5:44 pm

http://www.cse.lk/cmt/upload_report_file/961_1296733192441.pdf

Quarter EPS only 0.22. Result is not expected by MW and others who promoted PCH. So, according to market price, PCH is massively overvalued.

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Posts: 1704
Points: 3602
Reputation: 278
Join date: 2011-01-22

Back to top Go down

PCH financial Statement

Post by ranga on Thu Feb 03, 2011 5:58 pm


http://www.cse.lk/cmt/upload_report_file/961_1296733192441.pdf

ranga
Equity Analytic
Equity Analytic

Posts: 48
Points: 1355
Reputation: 2
Join date: 2011-01-31

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by $$$ on Thu Feb 03, 2011 6:02 pm

Results out blood splattered.....Anualised Eps might not even reach Rs.1.

Lots of investors will now see the truth and hopefully sanity will prevail. Massively over valued. Ideal price around Rs.15. I feel for the people who purchased at higher prices

$$$
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Posts: 304
Points: 1646
Reputation: 24
Join date: 2011-01-27

Back to top Go down

PCH financial Statement

Post by ranga on Thu Feb 03, 2011 6:03 pm

Profit(Mn)
30-Jun-10 56.3 0.33(EPS)
30-Sep-10 47.5 0.21(EPS)
31-Dec-10 50 0.22(EPS)

ranga
Equity Analytic
Equity Analytic

Posts: 48
Points: 1355
Reputation: 2
Join date: 2011-01-31

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by tubal on Thu Feb 03, 2011 6:10 pm

There you go, the much awaited PCH financial statements are out. Where is the growth everyone has been talking about?

Bottom line has improved from 70 to 140 million you say? deduct the difference in interest paid that's 58 million. So you have just 12 million growth attributable to the massive expansion campaign

tubal
Vice President - Equity Analytics
Vice President - Equity Analytics

Posts: 1051
Points: 2716
Reputation: 242
Join date: 2011-01-27

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by $$$ on Thu Feb 03, 2011 6:14 pm

9 months Rs.140 Million (99% increase from last year) last Quarter 50 million (46% Increase last year)
Impressive results. But doesn't warrant the current share price value. Massively over valued.

Lets see how the market reacts to this. It has already begun reacting in my eyes

$$$
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Posts: 304
Points: 1646
Reputation: 24
Join date: 2011-01-27

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by tubal on Thu Feb 03, 2011 6:17 pm

$$$ wrote:9 months Rs.140 Million (99% increase from last year) last Quarter 50 million (46% Increase last year)
Impressive results. But doesn't warrant the current share price value. Massively over valued.

Lets see how the market reacts to this. It has already begun reacting in my eyes

Yes, but that's just a reduction of finance cost. Every single company at the CSE has done that.

tubal
Vice President - Equity Analytics
Vice President - Equity Analytics

Posts: 1051
Points: 2716
Reputation: 242
Join date: 2011-01-27

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by mission on Thu Feb 03, 2011 6:22 pm

Now dont tell that we didn't warn u guys.. it was evident that PCH cant do miracles.

mission
Manager - Equity Analytics
Manager - Equity Analytics

Posts: 132
Points: 1569
Reputation: 17
Join date: 2011-01-26

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by maximus on Thu Feb 03, 2011 6:33 pm

I found a particular name while going through top 20 PCH share holder list, this name was not in Q2 report but in Q3 report.

MOHAMED NIZAM SINGA LAXANA 682,900 0.3%

I remember the same name came up when MW real name was disclosed, Can this be pure coincident?

maximus
Stock Trader

Posts: 9
Points: 1296
Reputation: 1
Join date: 2011-01-26

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by innam on Thu Feb 03, 2011 6:40 pm

maximus if you go through the BFL interim statements you will see the same name....now you know why such a massive effort (so much time and so many 1000s of posts) push was done on BFL and PCH....This is why PCH was "supposed to reach 100"
(Almost) No one does a social service for free, everone needs an incentive. Now you know the tortoise's incentive.....

innam
Manager - Equity Analytics
Manager - Equity Analytics

Posts: 215
Points: 1994
Reputation: 130
Join date: 2010-07-02
Location: Bacon county, GA

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by sunandaf on Thu Feb 03, 2011 6:40 pm

Check the BFL main share holders list.NIZAM also in there.

sunandaf
Stock Trader

Posts: 5
Points: 1287
Reputation: 1
Join date: 2011-01-27

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by mission on Thu Feb 03, 2011 6:44 pm

HERAYMILA INVESTMENTS LIMITED held 4.2% at the end of 30 sep 2010. BUT now they are not even in the top 20 shareholder list.. they have sold out a large proportion of their investment

and Foriegn shareholding has decresd from 6.37% to 1% this quarter. that's another dent to PCH. and we all know senthi is a master trader who knows when he will dump his shareholding to the poor retailers.

mission
Manager - Equity Analytics
Manager - Equity Analytics

Posts: 132
Points: 1569
Reputation: 17
Join date: 2011-01-26

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by innam on Thu Feb 03, 2011 6:46 pm

Big question is will the tortoise dump his shareholding before it reaches 100?

innam
Manager - Equity Analytics
Manager - Equity Analytics

Posts: 215
Points: 1994
Reputation: 130
Join date: 2010-07-02
Location: Bacon county, GA

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by Monster on Thu Feb 03, 2011 6:48 pm

sunandaf wrote:Check the BFL main share holders list.NIZAM also in there.

Very interesting. Same person is in the BFL top 20 list too.

Mr. M.N. Singa Laxana 101,040 0.63%

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Posts: 1704
Points: 3602
Reputation: 278
Join date: 2011-01-22

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by Gaja on Thu Feb 03, 2011 6:48 pm

Since everybody is talking about income statement, i would to draw all of your attention to the balance sheet and specially for these 2 items which have an impact to the Income Statement
GROUP

31.12.2010 30.09.2010 31.07.2010 31.03.2010
Inventory 786,099,000 616,000,052 413,660,742 390,782,000
Trade Receivables 649,810.000 591,347,577 517,678,745 427,316,000

31.12.2010 30.09.2010 31.07.2010 31.03.2010
Inventory 759,680,000 607,109,643 405,568,333 382,782,000
Trade Receivables 619,800.000 524,755,707 457,824,314 388,752,000

Also noted some changes in the Top 20 Shareholders

Experts fluent with the B&S, IS, do you thing these 2 items might have impact on the income statement?

Gaja
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Posts: 3130
Points: 6117
Reputation: 260
Join date: 2011-01-27
Age: 30
Location: Colombo

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by tubal on Thu Feb 03, 2011 6:49 pm

maximus wrote:I found a particular name while going through top 20 PCH share holder list, this name was not in Q2 report but in Q3 report.

MOHAMED NIZAM SINGA LAXANA 682,900 0.3%

I remember the same name came up when MW real name was disclosed, Can this be pure coincident?

I think this is important enough to deserve a thread on it's own right. Please start one.

tubal
Vice President - Equity Analytics
Vice President - Equity Analytics

Posts: 1051
Points: 2716
Reputation: 242
Join date: 2011-01-27

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by tubal on Thu Feb 03, 2011 6:51 pm

innam wrote:Big question is will the tortoise dump his shareholding before it reaches 100?

maybe he already has. That's the share holding as at 31/12.

But let's please do start a new thread with this. It's too important to be discussed as a foot note inside this thread.


tubal
Vice President - Equity Analytics
Vice President - Equity Analytics

Posts: 1051
Points: 2716
Reputation: 242
Join date: 2011-01-27

Back to top Go down

Link

Post by RockStock on Thu Feb 03, 2011 7:03 pm

Follow this link too and compare


http://groups.google.com/group/ibf777/browse_thread/thread/97ee6fbbbe53b756/bf7d2830a280ac6d?lnk=gst&q=#bf7d2830a280ac6d

RockStock
Manager - Equity Analytics
Manager - Equity Analytics

Posts: 224
Points: 1560
Reputation: 37
Join date: 2011-01-27

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by econ on Thu Feb 03, 2011 7:09 pm

tortoise seem to be buy and promote.. Evil or Very Mad

econ
Global Moderator

Posts: 1397
Points: 2766
Reputation: 92
Join date: 2011-01-27

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by Gaja on Thu Feb 03, 2011 7:16 pm

All experts in the BS & IS please share your thoughts for my post thanks

Gaja
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Posts: 3130
Points: 6117
Reputation: 260
Join date: 2011-01-27
Age: 30
Location: Colombo

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by salt on Thu Feb 03, 2011 7:41 pm

There is no big jump in profits

PC House could be manupulated by interested groups

If so called Nizam is MarketWatch and had he willfully misled the forum, SEC should investigate it

HOWEVER, PC house & IT industry COULD be growing at faster rate than rest of the economy


salt
Vice President - Equity Analytics
Vice President - Equity Analytics

Posts: 1320
Points: 3205
Reputation: 86
Join date: 2011-01-31

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by ronstyn on Thu Feb 03, 2011 7:47 pm

Gaja wrote:All experts in the BS & IS please share your thoughts for my post thanks


I am no expert, but I raised these same concerns on investnow seeing their Sept 2010
financials.

My concerns were Q on Q increase in inventory and trade receivables
and also Q on Q increase in Finance cost despite IPO infusion and decreasing interest rates.

Another concern is rising inventory especially in IT products which become obsolete in short time.

ronstyn
Equity Analytic
Equity Analytic

Posts: 33
Points: 1312
Reputation: 1
Join date: 2011-02-01

Back to top Go down

Re: PC HOUSE (PCH) - Future Outlook

Post by Gaja on Thu Feb 03, 2011 7:58 pm

Basically this is my concern PCH in the business where changes in technology took place every sections, but here the issue is their inventory is building up heavily so there might be more obsolete stocks which need to written off even though i am not sure whether is actually building up or they increase their stock levels more because of high demand.

With regard to increase in the receivable level, are there any requirement for provision of bad & doubtful debts. At the same time i am not sure about the proposition of the receivables.


Gaja
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Posts: 3130
Points: 6117
Reputation: 260
Join date: 2011-01-27
Age: 30
Location: Colombo

Back to top Go down

Page 1 of 4 1, 2, 3, 4  Next

View previous topic View next topic Back to top

- Similar topics

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