Company Fact Sheet: Abans Finance PLC - AFSL:N0000

About the company:

Established: 2005                                        Quoted Date: 2011-06-27        Sector: Banks Finance Insurance

Abans Finance PLC is a Sri Lanka-based company engaged in the acceptance of deposits, granting lease facilities, hire purchase, mortgage loans and other credit facilities, real estate development and related services. The Company operates through four segments: lease and stock out on hire, term loans, real estate and others. The company's product portfolio comprises finance leasing, hire purchase, mortgage loans, personal loans and consumer credit. As of March 31, 2014, the Company's parent and ultimate parent entity was Abans (Pvt) Ltd. As of the same date, it operated nine branches and five customer centers in eight provinces of Sri Lanka.

Chairman: Mr R. Pestonjee  (Non-Executive)

Managing Director / Chief Executive Officer: Mr K.B. Wanigasekara 

Board of Directors:
Mr C.D. Pathirana  (Non - Executive Director)

Mr K.B. Wanigasekara  (Executive Director)

Mr V.K. Choksy  (Independent Non - Executive Director)

Mr A.S. Ratnayake  (Non-Executive Independent Director)

52 Weeks Low: 25.10                                                                   52 Weeks High: 34.50

Average Trading Volume: 12,100

Company Financial at a glance:

Click Table to Enlarge

Notes:

1. On 27th June 2011 37,000,000 shares were listed by way of introduction.The reference price of LKR 9.50 is an indicative price and it's decided by the Company.

Debentures Listed on CSE:

Total shares in Issue as at 31-03-2014: 37,000,000

Top 20 Shareholders as at 31/03/2014

The percentage of Shares held by the Public as at 31st March 2014 was 10.04%.

The percentage of Foreign Holding as at 30th June 2014 was 0.028%

Quote for the day

“Being so critical, I am often considered a contrarian. But I am very cautious about going against the herd; I am liable to be trampled on... Most of the time I am a trend follower, but all the time I am aware that I am a member of the herd and I am on the lookout for inflection points.” - George Soros

11-Aug-2014 CSE Trade Summary

Company Fact Sheet: AgStar Fertilizers PLC - AGST:N0000

About the company:

Established: 2002                                        Quoted Date: 2012-02-16         Sector: Manufacturing

AgStar Fertilizers PLC is engaged in importing, blending and marketing of fertilizers. The Company provides inorganic and organic fertilizers for vegetable cultivation. The Company markets and distributes a range of granular and liquid fertilizers. In addition the Company also supplies crop protection materials, which consists of insecticides, weedicides, and fungicides. The Company's subsidiaries include AgStar Seeds (Pvt) Ltd, AgStar Cropcare (Pvt) Ltd, AgStar Grains (Pvt) Ltd, AgStar Properties (Pvt) Ltd, AgStar Exports (Pvt) Limited and Mahaweli Rice Processing Industries (Private) Limited. 

Chairman / CEO: Mr N.G.R. Karunaratne

Deputy Chairman: Mr D.N.N. Lokuge

Board of Directors:
Mr W.A.P. Perera  (Non-Executive Director)

Mr D.S.K. Amarasekara  (Non-Executive Director)

Mr I.C Nanayakkara . (Non-Executive Director)

Mr A.G. Weerasinghe  (Independent Non-Executive Director)

Mr H.P.J. De Silva  (Independent Non-Executive Director)

Mr P.R. Saldin  (Executive Director)

Ms S. Wickramasinghe (Independent Non-Executive Director)

52 Weeks Low: 4.10                                                                   52 Weeks High: 6.30

Average Trading Volume: 135,250

Company Financial at a glance:

Click Table to Enlarge

Notes:

1. On 16th February 2012 307,526,310 Ordinary Voting shares and 17,473,690 Non Voting shares were listed by way of introduction.The reference prices of LKR 9.00 in respective to Ordinary Voting share and LKR 6.00 in respective to Ordinary Non Voting share are indicative prices and decided by the Company.

Total Voting shares in Issue as at 31-03-2014: 307,526,310

Top 20 Voting Shareholders as at 31/03/2014

The percentage of Shares held by the Public as at 31st March 2014 was 16.59%.

The percentage of Foreign Holding as at 30th June 2014 was 0.005%

Total Non Voting shares in Issue as at 31-03-2014: 17,473,690

Top 03 Non Voting Shareholders as at 31/03/2014

The percentage of Shares held by the Public as at 31st March 2014 was 0.01%.

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

Quote for the day

“Speculation is very similar to playing a game of cards... each of us is possessed with the common weakness of wanting to have an interest in every pot... it is this human frailty which we all possess in some degree that becomes the investor's and speculator's greatest enemy and will eventually, if not safeguarded, bring about his downfall.” - Jesse Livermore

7 Motivational Quotes Entrepreneurs Need to Live By

There are times when a little motivation goes a long way. As entrepreneurs, it’s easy to get discouraged when things don’t immediately happen.

Don’t give up! Anything worth doing is worth the work, so keep in mind these seven motivational quotes for entrepreneurs.

Source: http://www.entrepreneur.com/

Why Most Investors Quit

By Jeff Voudrie

There are two reasons that most investors quit. The number one reason people get out of the game is because they have suffered a portfolio loss that exceeds what they can live with. The number 2 reason people get out of the game is because they can’t stand the volatility (ups and downs) and uncertainty during a crisis.

Average investors don’t take this into account; successful investors do. Successful investors realize that they have to manage their portfolio in such a way that they can sleep at night. The way they are able to stay in the game during the bad times is by:

1. Avoiding losses that are bigger than they can live with.

2. Keeping the ups and downs within a range that they can stand.

That seems rather simplistic but the Wall Street System (retail brokers and advisors) completely misses this simple fact. They assume their clients have an unlimited pain threshold. The Wall Street System incorrectly assumes that their clients will always react logically instead of emotionally. That’s just another way the Wall Street System doesn't get it.

We are emotional beings and emotions will play a factor in every decision we make, so we should take them into account from the start. As investors, we have to be comfortable with the ride of the vehicle or we aren’t going to keep it. It is one thing for a car to have a nice ride when the weather is nice outside, but how does it do in the midst of a bumpy patch of road? Does it quickly lose traction in a snow storm? It's how the vehicle responds when conditions are bad that has the biggest impact on our ability to keep going.

Successful investors recognize that minimizing losses is essential to staying in the game, so most of them have developed sophisticated risk management systems to do just that. The average investor might think they are controlling risk by having a stop loss—a predefined price at which they will sell if the investment goes down. Then what? If you ever want to recover that loss, then at some point you are going to have to buy back in. And the market can go down again so that you have another loss. Using a stop-loss can slow down the rate of loss, but it may not keep you within your pain tolerance.

Successful investors control risk at multiple levels providing them multiple fail-safe mechanisms. They may use a stop-loss on an individual stock but they may also reduce the size of their position as the value goes down. They may monitor risk and losses at the sector level so they are considering how a group of technology stocks is doing instead of just one.

They may use controls that would alter the amounts invested in stocks versus bonds versus options or managed futures. They might control risk at the currency or country level. They may only invest in certain types of markets–for instance, they might only invest in stocks if the market is in a defined uptrend. And, if all of those measures fail, they may have a level at which they go to cash.

You can begin the transition from being a frustrated investor to a successful one by recognizing the vital importance of minimizing losses. The best way to do that is to employ consistent risk management processes at different levels.

(excerpt from “How Successful Investors Tripled The Return Of The S&P 500” written by Jeffrey Voudrie)

http://www.seeitmarket.com/