Monday, 13 January 2014

Company Fact Sheet: DFCC Bank PLC - DFCC:N0000

About the company:

Established: 1955                       Quoted Date: 1956-01-01                          Sector: Banks Finance & Insurance


DFCC Bank (the Bank) is a banking company engaged in the provision of financial products and services to industrial, agricultural and commercial enterprises in Sri Lanka. The principal activities of the Bank comprises the business of development financing. As of March 31, 2013, the Bank's subsidiaries included DFCC Consulting (Pvt) Limited, DFCC Vardhana Bank PLC, Lanka Industrial Estates Limited and Synapsys Limited. DFCC Consulting (Pvt) Limited offers technical, financial and other professional consultancy services in Sri Lanka and abroad. DFCC Vardhana Bank PLC is active in commercial banking. Lanka Industrial Estates Limited is involved in the leasing of land and buildings for industrial enterprises. Synapsys Limited provides information technology (IT) services and IT enabled services.

Due to the merger proposal announced by the CBSL via its road map 2014, DFCC and NDB issued a preliminary statement on 10/01/2014 saying talks will begin shortly regarding merger.

Chairman: Mr. J.M.S. Brito 

Board of Directors:
Mr. A.S. Abeyewardene (Independent Non Executive Director)
Mr. G.K. Dayasri
Mr. C.R. Jansz
Mr. R.B. Thambiayah
Mr. H.M.N.S. Gunawardana (Government Director)
Mr.S.R. Thambiayah (Alternate Director to Mr. R. B. Thambiayah)
Mr. l.P. Chandradasa
Mr. J.E.A. Perumal
Mr. P.M.B. Fernando 

52 Weeks Low: 115.00                                         52 Weeks High: 153.00

Average Trading Volume (Daily): 65,420

Company Financial at a glance:
Click Table to Enlarge

Total shares in Issue: 265,097,688

Top 20 Shareholders as at 30/09/2013


Sunday, 12 January 2014

Company Fact Sheet: Renuka City Hotels PLC - RENU:N0000

Updated on 17/01/2014 (Reason: To include datas from 3rd Quarter Interim Financial Statements) 

About the company:

Established: 1992                       Quoted Date: 1992-10-19                          Sector: Hotels & Travels

Renuka City Hotels PLC is a company engaged in the provision of accommodation services. The principal activity of the Company is the operation of a tourist hotel at No. 326, Galle Road, Colombo. The Company has entered into an agreement with the Board of Investment of Sri Lanka in relation to the construction and operation of such hotel. As of March 31, 2013, Renuka Hotel Ltd was the ultimate holding company of the Company.

Chairman: Mr. R. B. Thambiayah

Board of Directors:
Mrs. N. A. Thambiayah – Deputy Chairman
Ms. S. R. Thambiayah – Jt. Managing Director
Ms. A.L. Thambiayah – Jt. Managing Director
Mr. F. H. Puvimanasinghe
Mrs. M. A. Jayawardena
Mr. R.S. Tissanayagam
Mr. C. S. Wijeyeratne
Ms. N. R. Thambiayah


52 Weeks Low: 220.00                                         52 Weeks High: 315.00

Average Trading Volume (Daily): 5,010

Company Financial at a glance:
Click Table to Enlarge

Company invested considerable amount in public quoted companies.
Details below:


Total shares in Issue: 7,000,000

Top 20 Shareholders as at 31/12/2013



Saturday, 11 January 2014

Colombo Stock Exchange YTD 2013 Top 10 Gainers / Losers

10-Jan-2014 CSE Trade Summary

09-Jan-2014 CSE Trade Summary


Quote for the day

“I'm not sure one can really define why some traders make it, while others do not. For myself, I can think of two important elements. First, I have the ability to imagine configurations of the world different from today and really believe it can happen... Second, I stay rational and disciplined under pressure.” - Bruce Kovner

Thursday, 9 January 2014

Realistic Investing Expectations

Over the long term stocks have provided us with great average return results. But this average return masks a great deal of volatility, because returns have fluctuated within a very wide band.

This extreme volatility is the chief risk of investing in stocks, but it is a risk that tends to recede from investors memories after a lengthy period of generally rising stock prices.

Those investors new to investing in stocks may underestimate the volatility of stocks because volatility has been muted in recent years.

Time greatly reduces, but certainly does not eliminate the volatility in returns from stocks. On the other hand, there is no guarantee that you will earn above average returns even if you hold stocks for two decades or more.

Investors who are relatively new to investing in stocks may benefit from some perspective about bear markets.

During the bear markets, Indexes declined an average of 25-35%. Although the average bear market lasted a little longer than 12 months, it took an average of almost 20 months for the Indexes to return to the levels achieved before the market downturns.

Although no one can reliably predict the timing of bear markets (or bull markets, for that matter), a prudent investor should understand the extent to which stock prices can decline and should be prepared to "ride out" these periods when they occur.

The big danger from bear markets is that investors will sell at or near the bottom of the downturn. Those who got out of stocks missed an extraordinary rebound in stock market performance.

Since risk is inescapable when investing in stocks, perhaps the greatest risk is that you will never invest in stocks because you can never be sure when is "the right time" to invest.

Uncertainty is a permanent feature of the investing landscape, and trying to discern the ideal time to invest is almost always a futile exercise.

Don't be swayed by market fluctuations or the opinions and predictions from market analysts and forecasters!

Your investment strategy and expectations should all be based on your personal objectives, time horizon, risk tolerance and financial situation.

It should not be determined by the direction of the financial markets or the opinions of "The Experts!"
Source:http://www.greekshares.com