Thursday, 3 July 2014

03-Jul-2014 CSE Trade Summary

Company Fact Sheet: Entrust Securities PLC - ESL:N0000

About the company:

Established: 2000                                         Quoted Date: 2011-11-29           Sector: Banks Finance Insurance
Entrust Securities PLC, formerly Ceylinco Shriram Securities Limited, is a primary dealer appointed by the Central Bank of Sri Lanka to deal exclusively in government securities. 

The Company's core services include investments in government guaranteed treasury bills, treasury bonds, repurchase agreements, reverse repurchase agreements, dollar denominated bonds, sovereign bonds and inflation linked bonds; sending of securities to credit default swap (CDS) accounts maintained with Central Bank of Sri Lanka on delivery vs. payment (DVP) basis; buying back clients treasury bills, treasury bonds at any time, at very competitive rates and in addition obtaining reverse repurchase agreements against the clients treasury bills and bonds. In addition, the Company also provides investment advices.

Entrust Limited is the parent company of Entrust Securities PLC while Platinum Capital (Pvt) Limited is the ultimate parent company as at 31st March 2014.

Chairman: Mr I.D.B. Dassanayake 

Chief Executive Officer: Mr K.C. Joseph Dias 

Group Chief Executive Officer: Mr R. Senerath  (Executive Director)

Board of Directors:
Mr N.N.P. Jayasuriya  (Independent Non-Executive Director)
Mr G.A.K. Nanayakkara  (Independent Non-Executive Director)
Mr C.U. Ratwatte  (Executive Director)

52 Weeks Low: 15.20                                                                      52 Weeks High: 23.80

Average Trading Volume: 1,243

Company Financial at a glance:

1. Company's 33,000,014 ordinary voting shares were listed by way of an introduction and permitted for trading from 29th November 2011. 
2. The reference price of LKR. 20/= in respect of the ordinary voting shares has been decided upon by the Company.

Total shares in Issue as at 31-03-2014: 33,000,014

Top 20 Shareholders as at 31/03/2014

The percentage of Shares held by the Public as at 31st March 2014 was 11.24%.

The percentage of Foreign Holding as at 30th June 2014 was 0.00%

Quote for the day

"Most of the time common stocks are subject to irrational and excessive price fluctuations in both directions as the consequence of the ingrained tendency of most people to speculate or gamble... to give way to hope, fear and greed." - Benjamin Graham