Friday, 1 August 2014
About the company:
Established: 1991 Quoted Date: 1992-05-08 Sector: Manufacturing
Bogala Graphite Lanka PLC is a Sri Lanka-based mining company. The principal activity of the Company is mining, separation, refining, treating, processing and preparation and sale of graphite. As of December 31, 2013, the Company's parent entity is AMG Mining AG.
Chairman: Mr V.P. Malalasekera
Managing Director / CEO: Mr A.P. Jayasinghe
Board of Directors:
Mr J.C.P. Jayasinghe
Mr T. Mueller
Mr T.A. Junker
Mr F. Berger
Mr C. Pietersz
Mr A.S.R. Amarasinghe
52 Weeks Low: 18.00 52 Weeks High: 27.90
Average Trading Volume: 4,250
Company Financial at a glance:
1. In Year 2004 a Loan of Euro 1,000,000 obtaind from GK was converted to 11,768,000 shares
2. In year 2009 further 7,587,452 shares were issued by capitalising Euro loan due to GK.
3. In year 2010 BGL reduced its stated capital to Rs.80,074,201 by setting off the accumulated losses as at 31/12/2009 of Rs.467,067,988 against the stated capital of
Rs.547,142,189 without affecting the number of shares in issue.
4. Fairdeal Trading Company (Private) Limited has been liquidated during financial year ended 31st December 2013.
"That it is perfectly proper to buy stocks for speculation. There is no crime in that. When you buy stocks for speculation it is perfectly proper to take speculative factors into account, which are different from investment factors." - Ben Graham