Monday, 3 February 2014

03-Feb-2014 CSE Trade Summary


Following Stocks Reached New High / Low on 03/02/2014

Crossings - 03/02/2014 & Top 10 Contributors to Change ASPI
http://www.cse.lk/cmt/upload_cse_report_file/daily_report_659_-03-FEB-14-.pdf

Top 5 Gainer / Loser / Turnover / Volume for the day

Foreign Activity for the day



Company Fact Sheet: Haycarb PLC - HAYC:N0000

About the company:


Established: 1973                 Quoted Date: 1975-01-01             Sector: Chemical & Pharmaceuticals 


Haycarb PLC is a Sri Lanka-based company engaged in the manufacture and export of activated carbon. The Company operates in two business segments: Activated carbon and Environmental engineering. The Company's primary raw material for is activated carbon manufacture process is coconut shell charcoal. Its Environmental engineering segment involves providing medium and large-scale raw and sewage water treatment plants and solutions through its purification systems arm, Puritas (Pvt) Ltd. During the fiscal year ended March 31, 2012, the Company manufactured 28,000 metric tons of activated carbon. The Company operates in the United States, Europe, Australia, Sri Lanka and other Asian countries. As of March 31, 2012, the Company was a subsidiary of Hayleys PLC.


Chairman: Mr. A.M. Pandithage  (Executive Director)


Managing Director: Mr. H.S.R. Kariyawasan  (Executive Director)

Board of Directors:
Mr. A.M. Senaratna  (Independent Non-Executive Director)
Mr.R. Seevaratnam  (Independent Non-Executive Director)
Mr. K.D.D. Perera (Non-Executive Director)
Mr. S.C. Ganegoda (Non-Executive Director)
Mr. M.J.A.S. Abeyratne (Executive Director)
Mr. D.E. Ranaraja (Executive Director)
Mr. W.D.N.H. Perera  (Non-Executive Director)
Mr. S.A.K. Abayawardana (Independent Non-Executive Director)
Mr. S. Rajapakse  (Independent Non-Executive Director)
Mr. D.S.N. Weerasooriya  (Alternate Director to Mr. K.D.D. Perera)


52 Weeks Low: 170.00                                                         52 Weeks High: 215.00

Average Trading Volume: 7,110

Company Financial at a glance:
Click Table to Enlarge

Notes:
1. On 12/09/2000 3,773,000 Ordinary Voting Shares of the company were listed , pursuant to Bonus Issue in the proportion of 1:6.

Total shares in Issue: 29,712,375

Top 20 Shareholders as at 30/09/2013
The percentage of Shares held by the Public as at 30 September 2013 was 32.17%.

Saturday, 1 February 2014

What Today's Leaders Can Learn From Napoleon's Mistakes

Napoleon was unquestionably a great strategist and imposing historical figure. His leadership style had many flaws, which eventually led to his downfall.


In the vein of learning from others mistakes, here are five lessons today's leaders can pull from Napoleon:

1. Never stop innovating.
Napoleon introduced many tactical innovations to warfare and statecraft. He believed in lightning military attacks when most European generals were slow, incompetent or incapable of making on-the-ground decisions without higher orders. He struck fear in the hearts of his opponents by bombarding them with canon and grapeshot believing, correctly, that loud noises shook the nerve of his opponents. And he was one of the first leaders to wield propaganda to bolster his position at home and abroad.

But Napoleon never improved on his basic innovations. He never cared to learn about naval weapons, steam power, observation balloons, railroads, bridging materials, troop ships and general advances in canon ammunition. Napoleon never bothered to think about France's large land holding in America. He feared crossing the Atlantic and instead of finding a use for the vast territory, he sold it.

Paul Johnson in his biography of Napoleon, writes, “He thought the improvements introduced in his youth were quite enough, and though he fiddled with the standard equipment, he never changed it substantially."

Napoleon's failure to adapt eventually hurt his military and political campaigns in the long run. By failing to build a navy and look to alternative innovations and business deals he lost his ability to outmanoeuvre his opponents and with it his edge.

Lesson for leaders: Old tricks may work over and over again, but never overlook new technologies. Overtime they will become crucial.

2. Learn to delegate.
Napoleon's subordinates could pull off miracles, but only when under strict, careful instruction. Those high in Napoleon's favour were those who obeyed orders precisely. Promotions weren't given to those who had independent ideas. The result: when Napoleon's generals had to think on their own or perform without Napoleon's instruction, they were often nervous, fumbling and counter-productive.

Lesson for leaders: Leaders shouldn't simply promote those who can follow orders. Empower employees to think for themselves and they'll do better under pressure, even without orders.

3. Have a little patience.
There are many battles Napoleon could have won if he had been more patient. He might have also attained more power if he had grown more organically, rather than rushing, impulsively into Spain and Russia.

"Bonaparte lacked the temperament to fight a defensive battle, let alone a defensive campaign," writes Johnson. "Had he been able to do so, he might well have fought the Sixth Coalition to a peace of exhaustion, without a single one of its soldiers setting foot on French soil proper."

Lesson for leaders: Focusing all your energy on forward movement might seem like the right thing to do, especially if it's what has led to your success before. However, every leader needs to be expert in controlling active periods as well as calm ones.

4. Take training seriously.
Napoleon selected 50,000 men to serve in his elite, Old Guard. They were tall, strong, stand out soldiers who wore menacing bearskin uniforms. During battle they would sit behind the main forces and their presence would give the regular troops confidence.

However, Napoleon rarely had to call on the Old Guard's services since he usually won battles quickly and with skill.

But his success would eventually backfire. When Napoleon finally needed to call on the Old Guard during the battle of Waterloo they were weak, unused to fighting and under prepared.

Lesson for leaders: Don't set aside high-potential employees and keep them above the fray. Leaders need to ensure their teams are well trained in all tasks and don't lose their relevance.

5. Don't lose your temper.
Napoleon had a bad temper. Sometimes he'd fly off the handle over small matters and sometimes he'd plan a fit hoping that his dramatics would inspire his subordinates to action. He used his loud outbursts to inspire fear and respect in the ranks, but they rarely won him points in diplomatic circles.

When Napoleon met with the British ambassador Lord Whitworth, he threw a fit then stalked out of the room so quickly that the doormen hadn't time to open the doors. Napoleon had to wait, seething, until the doors were opened. Such hysterics made Napoleon look uncertain, weak and hotheaded.

Lesson for leaders: Control your temper. Outbursts have very limited mileage and, more often than not, make you look foolish.

By Samuel Bacharach
http://www.inc.com/

Friday, 31 January 2014

2014 Year to Date Top 20 Gainers and Losers in Colombo Stock Exchange

Top 20 Gainers:

Top 20 Losers:


31-Jan-2014 CSE Trade Summary




Following Stocks Reached New High / Low on 31/01/2014



Crossings - 31/01/2014 & Top 10 Contributors to Change ASPI
http://www.cse.lk/cmt/upload_cse_report_file/daily_report_787_31-01-2014.pdf

Top 10 Gainer / Loser / Turnover / Volume for the day

Foreign Activity for the week ending 31/01/2014

Company Fact Sheet: Vallibel Power Erathna PLC - VPEL:N0000

About the company:


Established: 2001-11-07                 Quoted Date: 2006-05-16             Sector: Power & Energy

Vallibel Power Erathna PLC is a Sri Lanka-based company engaged in the generation of electricity using hydro resources and transmitting such electricity to the national grid of the Ceylon Electricity Board. The Company's Erathna Mini-Hydro Power Project, which is located in the Kuruwita Divisional Secretariat in the District of Ratnapura, has an installed capacity of 10 Megawatts (MW). Through its subsidiary, the Company owns two other power generating plants situated at Durekkanda in Rathnapura District and Norton Bridge in Nuwara Eliya District: Kiriwaneliya Mini-Hydro Power Project and Denawaka Gana Mini-Hydro Power Project, which begun commercial operations in December 2011 and February 2012 with installed capacity of 4.65 MW and 7.2 MW respectively. As of March 31, 2012, the Company's parent entity was Vallibel Power Limited. As of the same date, the Company held 84.53% stake in its subsidiary, Country Energy (Pvt) Ltd.


Chairman: Mr. K D D Perera


Board of Directors:
Mr. S.H. Amarasekera
Mr. P.K. Sumanasekera
Mr. D.S. Clark
Mr. S.E. De Silva
Mr. H. Somashantha
Mr. L.D. Dickman
Mr. S. Shanmuganathan
Mr. P.B. Perera
Mr. C.V. Cabraal

Alternate Directors:

Mr. W.D.N.H. Perera (for Mr. P.B. Perera)
Ms. D.S.N. Weerasooriya (for Mr. K.D.D. Perera)

52 Weeks Low: 7.00                                                         52 Weeks High: 5.20

Average Trading Volume: 323,600

Company Financial at a glance:
Click Table to Enlarge

Notes:
1. 16-05-2006 Total Share were Indexed 249,036,577 after 50,000,000 shares were fully subscribed by public @ Rs. 8.00 in the IPO.
2. 05-07-2006 Bonus Shares Allotted 498,073,154 (Ratio 2:1)

Total shares in Issue: 747,109,731

Top 20 Shareholders as at 31/12/2013


The percentage of Shares held by the Public as at 31 December 2013 was 19.10%.

Thursday, 30 January 2014

30-Jan-2014 CSE Trade Summary


Following Stocks Reached New High / Low on 30/01/2014

Crossings - 30/01/2014 & Top 10 Contributors to Change ASPI
http://www.cse.lk/cmt/upload_cse_report_file/daily_report_77_30-01-2014.pdf

Top 5 Gainer / Loser / Turnover / Volume for the day

Foreign Activity for the day