Tuesday, 24 June 2014

24-Jun-2014 CSE Trade Summary

Company Fact Sheet: Senkadagala Finance PLC - SFCL:N0000

About the company:

Established: 1968                                         Quoted Date: 2011-03-22             Sector: Banks Finance Insurance

Senkadagala Finance PLC initially formed in the city of Kandy in 1968. Since then, the company has become one of the largest finance company in Sri Lanka. Principal lines of business of the company comprised of finance leases,hire purchases and commercial loans. Company also provide pawnbroking, bill discounting investment in money market instruments and acceptance of deposits in terms of fixed deposits, term deposits, certificate of deposits and saving deposits. Company initiated a new insurance broking business since January 2013. As at 31st March 2013,it has 39 branches and 13 service centres.

Chairman: Dr P. Ramanujam  (Interim )

Managing Director / CEO: Mr L. Balasuriya 

Board of Directors:
Dr A. Balasuriya
L. Fernando 
Mr W.A.T. Fernando 
Mr S.S. Kulatunga  (Independent Non - Executive Director)
Mr S.D. Bandaranayake  (Executive Director)
Mr D.T.P. Collure

52 Weeks Low: 50.00                                                                      52 Weeks High: 50.00

Average Trading Volume: 0

Company Financial at a glance:

1. Company's 53,368,000 ordinary voting shares were listed by way of an introduction and permitted for trading from 22nd March 2011. 
2. The reference price of LKR. 20/= in respect of the ordinary voting shares has been decided upon by the Company.
3. 5,336,800 Ordinary Shares of the Company were listed on 24th December 2013, pursuant to a 1:10 Rights Issue @ Rs. 40.00.
4. 6,522,755 Ordinary Shares of the Company were listed on 12th May 2014, pursuant to a Capitalization of reserves in the proportion of 1:9.(Consideration Price Rs. 40.00)

Debentures Listed on CSE:

Total shares in Issue as at 31-05-2014: 65,227,555

Top 20 Shareholders as at 31/03/2014

The percentage of Shares held by the Public as at 31st March 2014 was 21.71%.

The percentage of Foreign Holding as at 31st  May 2014 was 12.86%

Quote for the day

“Usually it pays to wait and see if a stock is going to pullback some before buying. I like to see a pullback and then the start of a new strengthening as a signal to buy. It is a more conservative approach that means sometimes missing opportunities, but it also helps to get a better price on trades.”  - Richard Arms