Monday 30 June 2014

30-Jun-2014 CSE Trade Summary


Company Fact Sheet: Orient Finance PLC - ORIN:N0000

About the company:

Established: 2003                                         Quoted Date: 2012-06-07            Sector: Banks Finance Insurance

Orient Finance PLC, formerly Orient Finance Limited, is principally engaged in leasing and hire purchase businesses. The Company is also involved in factoring activities and micro finance activities. As of March 31, 2014, the Company had a network of 13 fully fledged branches and 4 service centres strategically located island wide.During the fiscal year ended March 31, 2012, the Company obtained approximately 57% , 22% and 13% of its total revenue from its leasing activities, hire purchase activities and factoring activities, respectively.


Chairman: Dr D.C. Jayasuriya (Non-Executive Director)

Chief Executive Officer: Mr S. Amerasekera 

Board of Directors:
Mr Prakash Schaffter  (Non-Executive Director)
Mr Ramesh Schaffter (Non-Executive Director)
Mr Ananda W. Atukorala  (Independent Non-Executive Director / Alternate Director to Mr. Anil Tittawella)
Mr Anil Tittawella  - PC (Independent Non-Executive Director)
Mr Sarath Wikramanayake  (Independent Non-Executive Director)
Mrs Lakshmi K. Gunatilak  (Independent Non-Executive Director)

52 Weeks Low: 11.80                                                                      52 Weeks High: 16.00

Average Trading Volume: 10,570

Company Financial at a glance:

Notes:
1. Company's 115,625,000 ordinary voting shares were listed by way of an introduction and permitted for trading from 07th June 2012. 
2. The reference price of LKR. 14/= in respect of the ordinary voting shares has been decided upon by the Company.

Total shares in Issue as at 31-03-2014: 115,625,000

Top 20 Shareholders as at 31/03/2014




The percentage of Shares held by the Public as at 31st March 2014 was 35.01%.

The percentage of Foreign Holding as at 31st  May 2014 was 0.00%

Quote for the day

“The composite profile of a losing trader would be someone who is highly stressed and has little protection from stress, has a negative outlook on life and expects the worst, has a lot of conflict in his/her personality, and blames others when things go wrong. Such a person would not have a set of rules to guide their behavior and would be more likely a crowd follower. In addition, losing traders tend to be disorganized and impatient.” - Dr. Van. K. Tharp