Friday, 13 June 2014

13-Jun-2014 CSE Trade Summary

Company Fact Sheet: Swisstek (Ceylon) PLC - PARQ:N0000

About the company:

Established: 1967                                        Quoted Date: 1983-01-01                  Sector: Manufacturing

Swisstek (Ceylon) PLC is a Sri Lanka-based company mainly engaged in the manufacture and sale of tile grout and tile mortar. Through its subsidiary Swisstek Aluminium Ltd, the Company is involved in the manufacture and sale of aluminium extrusions and allied products. Together with related companies, The Company is also involved in the provision of wooden flooring and installation services, decorative pebbles and others.

Chairman: Mr W.D.N.H. Perera 

Managing Director: Mr J.A.P.M. Jeyasekara

Board of Directors:
Mr K.Y. Choi 
Mr S.A.D.M. Ratnayake  (Non-Executive Director)
Mr K.I.S. Udumalagala  (Non-Executive Director)
Mr J.K.A. Sirinatha  (Non-Executive Director)

52 Weeks Low: 13.70                                                                        52 Weeks High: 25.70

Average Trading Volume: 125,410

Company Financial at a glance:

1. 621,000 Ordinary Shares of the Company were allotted on 28th December 1992, pursuant to a 3:5 Rights Issue @ Rs. 30.00.
2. 4,968,000 Ordinary Shares of the Company were allotted on 17th September 2003, pursuant to a 3:1 Rights Issue @ Rs. 10.00.
3. 1,324,800 Ordinary Shares of the Company were allotted on 23rd October 2007, pursuant to a 1:5 Rights Issue @ Rs. 10.00.
4. In December 2009, Rs. 30.0 M debt owed to Lanka Tiles PLC converted to 3,000,000 ordinary shares.
5. 16,423,200 Ordinary Shares of the Company were allotted on 30th December 2010, pursuant to a 3:2 Rights Issue @ Rs. 15.00.

Total shares in Issue: 27,372,000

Top 20 Shareholders as at 31/03/2014

The percentage of Shares held by the Public as at 31st March 2014 was 27.61%.

The percentage of Foreign Holding as at 31st  May 2014 was 0.13%

Quote for the day

“Most people just cannot weather the learning curve. As soon as it gets difficult, and their approach isn't working up to their expectations, they begin to look for something else. As a result, they become slightly efficient in many areas without becoming very good in any single methodology. The reality is that it takes a very long time to develop a superior approach, and along the way, you are going to go through periods where you do poorly. Ironically, those are the periods that give you the most valuable information.” -  Mark Minervini