Wednesday, 19 March 2014

19-Mar-2014 CSE Trade Summary

Following Stocks Reached New Low on 19/03/2014

Crossing - 19/03/2014 & Top 10 Contributors to Change ASPI

Top 10 Gainer / Loser / Turnover / Volume for the day

Foreign Activity for the day

Company Fact Sheet: Hemas Power PLC - HPWR:N0000

About the company:

Established: 2003                                 Quoted Date: 2009-10-08          Sector: Power & Energy

Hemas Power PLC is a Sri Lanka-based company engaged in the investing in the thermal and non-conventional renewable energy power generation. The Company invests in power generating companies and involves in venture capital activities. The Company's business segments comprise thermal power, hydro power and others. 

As of March 31, 2012, The Company owned subsidiaries Giddawa Hydro Power (Pvt) Limited, Okanda Power Grid (Pvt) Limited, Upper Agra Oya Hydro Power (Pvt) Limited, Butama Hydro Electricity Company Limited, and Ella Dendro Electric (Pvt) Limited, as well as one jointly controlled entity Heladhanavi Limited. 

The Group invested Rs. 300mn in Panasian Power PLC on 24th April 2013 thereby increasing group stake in Panasian Power PLC to 29.3%.Value of Net assets of Panasian Power PLC as at 24th April 2013 was Rs. 953mn.

The Company's ultimate parent undertaking and controlling party is Hemas Holdings PLC.

Chairman: Mr Imtiaz Esufally

Managing Director: Mr Kishan Nanayakkara

Board of Directors:
Mr Husein Esufally
Mr Sanjiva Senanayake 
Mr Malinga Arsakularatne
Mr Riad Ameen

52 Weeks Low: 16.50                                                                     52 Weeks High: 22.50

Average Trading Volume: 10,290

Company Financial at a glance:

Total shares in Issue: 125,200,002

Top 20 Shareholders as at 31/12/2013

The percentage of Shares held by the Public as at 31st December 2013 was 24.83%.

The percentage of Foreign Holding as at 28th February 2014 was 2.78%

Quote for the day

"The average person is 95 percent eyes and only 5 percent mind when they invest. If you want to become a professional you need to train your eyes to be only 5 percent and train your mind to see the other 95 percent." - Robert Kiyosaki