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Sri Lanka Equity Forum » Stock Market Talk » RWSL can be shine soon

RWSL can be shine soon

Go down  Message [Page 1 of 1]

1RWSL can be shine soon Empty RWSL can be shine soon on Wed Mar 20, 2013 11:47 am

CSE.SEE


Manager - Equity Analytics
Manager - Equity Analytics
As many predicted RWSL can go up soon.

Keep your eye with.

2RWSL can be shine soon Empty Re: RWSL can be shine soon on Wed Mar 20, 2013 11:52 am

salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics
why? any reason for it?

3RWSL can be shine soon Empty Re: RWSL can be shine soon on Wed Mar 20, 2013 11:53 am

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
nothing so far shining in my PF other than TPL,KOTA & AGAL

Very Happy

4RWSL can be shine soon Empty Re: RWSL can be shine soon on Wed Mar 20, 2013 11:59 am

CSE.SEE


Manager - Equity Analytics
Manager - Equity Analytics
Having the only Salt refining plant in Sri Lanka using Krebs Swiss Salex Technology, Wayamba Salterns is geared to meet Table Salt needs of the country when adequate raw material - Crystal Salt is available.

CSE.SEE


Manager - Equity Analytics
Manager - Equity Analytics
The Kingdom of Raigam will complete the construction of its Rs. 1 b saltern in Kuchaveli next year, Raigam Group Chairman Dr. Ravi Liyanage said at the launch of its rice noodles Devani Batha on Wednesday. He said that around 60 percent of the work on the project has been completed and added that the saltern will be commissioned as scheduled in 2014.

Dr Ravi Liyanage

Work on the 1,800-acre saltern in the East commenced in 2011 to provide jobs to over 1,500 people in the area. “Constructing a saltern is a cumbersome process. The inclement weather during the past two months hindered work on the project,” Dr. Liyanage said.

Sri Lanka yet imports a substantial quantity of salt a year draining out foreign exchange from the country. Raigam re-awakened the salt industry in Sri Lanka by setting up salterns in Hambantota and Puttalam which helped reduce the import of salt to around 7,000 mt in 2011.

The country's annual requirement of salt is around 50,000 mt.

“We are confident that Sri Lanka will be able to export salt in the near future,” Dr. Liyanage said.

Raigam launched the manufacture of rice noodles at its plant in Homagama with an investment of Rs. 300 m to change the consumption pattern in Sri Lanka. The state-of-the-art factory has a capacity to manufacture 5,000 mt of noodles a year and double the capacity next year.

Devani Batha was introduced to the market in three flavours white, rose and red kekulu flour. Sri Lanka's current rice production is about 4.8 million mt a year and the industry sustains around 880,000 farmer families.

Dr. Liyanage said that by consuming rice-based products the country could save a staggering amount of foreign exchange on import of wheat flour each year. By consuming rice-flour noodles instead of wheat-flour noodles the country could save around Rs. 925 million a year on import of wheat flour.

“Sri Lanka takes pride in being self-sufficient in rice but the irony is that it still imports a large quantity of wheat flour spending a colossal sum each year. Promoting the consumption of rice and rice-based products should take place at grass-roots level,” Dr. Liyanage said.

Sri Lanka spend around 20 percent of its foreign exchange on import of food. Milk powder, sugar, canned fish and dry fish is yet imported in large quantities.

http://www.sundayobserver.lk/2013/02/03/fin04.asp

6RWSL can be shine soon Empty Re: RWSL can be shine soon on Wed Mar 20, 2013 12:02 pm

The Alchemist


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@salt wrote:why? any reason for it?

I just see the funny side to this !
salt vs salt !

7RWSL can be shine soon Empty Re: RWSL can be shine soon on Wed Mar 20, 2013 12:05 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

Salt against salt :-)


@The Alchemist wrote:
@salt wrote:why? any reason for it?

I just see the funny side to this !
salt vs salt !

8RWSL can be shine soon Empty Re: RWSL can be shine soon on Wed Mar 20, 2013 12:08 pm

salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics
@slstock wrote:
Salt against salt :-)


@The Alchemist wrote:
@salt wrote:why? any reason for it?

I just see the funny side to this !
salt vs salt !

like it Smile
look at the story above. it is RWSL or Kingdom of Raigam. Listed company is RWSL

9RWSL can be shine soon Empty Re: RWSL can be shine soon on Wed Mar 20, 2013 12:13 pm

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Is this a listed company investment or a private company investment?

10RWSL can be shine soon Empty Re: RWSL can be shine soon on Wed Mar 20, 2013 12:17 pm

salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics
listed company is small - has no capacity such investment
It has total of 875 million in total assets

11RWSL can be shine soon Empty Re: RWSL can be shine soon on Wed Mar 20, 2013 12:26 pm

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Yes that's what I was thinking

The salterns require near drought like conditions with low tidal activity. Not many places around here. Good luck to them if they can pull it off

12RWSL can be shine soon Empty RWSL Breakout on Tue May 06, 2014 12:13 pm

CSE.SEE


Manager - Equity Analytics
Manager - Equity Analytics

13RWSL can be shine soon Empty Re: RWSL can be shine soon on Wed Jul 30, 2014 1:38 pm

cse1981

cse1981
Manager - Equity Analytics
Manager - Equity Analytics
RAIGAM WAYAMBA SALTERNS PLC
Company ID: - RWSL
Date of Announcement: - 30.Jul.2014
Dividend per Share: - Rs. 0.10 per share / Final Dividend
Financial Year: - 2013/2014
Shareholder Approval: - Required
AGM: - 18.Sep.2014
XD: - 19.Sep.2014
Payment: - 25.Sep.2014
Share Transfer Book Open

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