Friday, 13 June 2014
Company Fact Sheet: Swisstek (Ceylon) PLC - PARQ:N0000
About the company:
Established: 1967 Quoted Date: 1983-01-01 Sector: Manufacturing
Swisstek (Ceylon) PLC is a Sri Lanka-based company mainly engaged in the manufacture and sale of tile grout and tile mortar. Through its subsidiary Swisstek Aluminium Ltd, the Company is involved in the manufacture and sale of aluminium extrusions and allied products. Together with related companies, The Company is also involved in the provision of wooden flooring and installation services, decorative pebbles and others.
Chairman: Mr W.D.N.H. Perera
Managing Director: Mr J.A.P.M. Jeyasekara
Mr K.Y. Choi
Mr S.A.D.M. Ratnayake (Non-Executive Director)
Mr K.I.S. Udumalagala (Non-Executive Director)
Mr J.K.A. Sirinatha (Non-Executive Director)
52 Weeks Low: 13.70 52 Weeks High: 25.70
Average Trading Volume: 125,410
Company Financial at a glance:
Notes:
1. 621,000 Ordinary Shares of the Company were allotted on 28th December 1992, pursuant to a 3:5 Rights Issue @ Rs. 30.00.
2. 4,968,000 Ordinary Shares of the Company were allotted on 17th September 2003, pursuant to a 3:1 Rights Issue @ Rs. 10.00.
3. 1,324,800 Ordinary Shares of the Company were allotted on 23rd October 2007, pursuant to a 1:5 Rights Issue @ Rs. 10.00.
4. In December 2009, Rs. 30.0 M debt owed to Lanka Tiles PLC converted to 3,000,000 ordinary shares.
5. 16,423,200 Ordinary Shares of the Company were allotted on 30th December 2010, pursuant to a 3:2 Rights Issue @ Rs. 15.00.
4. In December 2009, Rs. 30.0 M debt owed to Lanka Tiles PLC converted to 3,000,000 ordinary shares.
5. 16,423,200 Ordinary Shares of the Company were allotted on 30th December 2010, pursuant to a 3:2 Rights Issue @ Rs. 15.00.
Total shares in Issue: 27,372,000
Top 20 Shareholders as at 31/03/2014
The percentage of Shares held by the Public as at 31st March 2014 was 27.61%.
The percentage of Foreign Holding as at 31st May 2014 was 0.13%
Quote for the day
“Most people just cannot weather the learning curve. As soon as it gets difficult, and their approach isn't working up to their expectations, they begin to look for something else. As a result, they become slightly efficient in many areas without becoming very good in any single methodology. The reality is that it takes a very long time to develop a superior approach, and along the way, you are going to go through periods where you do poorly. Ironically, those are the periods that give you the most valuable information.” - Mark Minervini
Thursday, 12 June 2014
How To Overcome Emotion As An Investor
By Jesse Wayne
As human beings, we have emotions that cannot be turned off. Whether you want them to exist or not, there’s no way to prevent emotions from surfacing. Emotions are for the most part, extremely useful tools that have helped humans survive for millions of years. Take fear for example – when something terrifies you or threatens your life, you want your body to enter a state you never thought possible. Super strength and lightening quick reflexes are welcomed responses at this point.
Emotions are WORTHLESS as an investor.
Emotions are WORTHLESS as an investor.
Before typing that statement I thought long and hard about its validity. In school, you’re taught that phrases like always and never are giveaways to a statement being false. Not often is something always or never true. In this case, it is.
Fear, excitement, joy, regret, etc. – all have no use to an investor. Why would these emotions matter? There are thousands or perhaps millions of people holding the same position as you. Some have profited, some have lost money and others have broken even. That means that some are happy, others are angry or sad and the rest are indifferent. Several different emotions and the stock can still move in one only direction.
Not Just People Invest Today
Introduce machines into the equation and emotions become even more irrelevant. Whether you like it or not, machines have become a significant force in the market. From advanced algorithms set up to scrape tenths of a penny to robust systems that can buy and sell millions of shares in a matter of nanoseconds, they all share one thing in common – the absence of emotion.
Cool, Calm and Collected
As an investor, you must be cool, calm and collected. The ability make rational decisions about what to buy and sell can become your most valuable tool. Emotion actually makes you weak and exposes you to judgements that would normally not make sense. If you absolutely know that a stock is oversold and will move upward soon, a drop in price lower than your purchase price can cause a gut reaction to sell.
So how do you avoid trading based on emotions? How do you prevent yourself from panicking when you’re fearful that you might lose a good chunk of your net worth? You have to learn to recognize your emotions and address them accordingly. That’s exactly what this infographic will help you do.
Think, Don’t Feel, Before Trading
By identifying your emotions and how they may impact your actions, you can apply rational thinking to your situation. For example, if the stock you own comes out with negative earnings and declines 4% as a result, stop and think before you hit that sell button. You obviously thought the stock was a good investment before declining in price, so evaluate the recent earnings announcement and determine whether or not OTHER investors are overreacting. Chances are, if you thought about selling immediately in an attempt to minimize your losses, others have done that exact same thing. I can’t count the number of times I've seen a stock take a huge haircut only to rally and regain much of its losses by the end of the day.
That’s not to say that you should never sell a stock if it’s up or down in a big way, just don’t make that decision based on joy or fear.
READERS: When did you overreact based on emotions only to regret your decision afterwards?
Source: http://visualfin.com/
Fear, excitement, joy, regret, etc. – all have no use to an investor. Why would these emotions matter? There are thousands or perhaps millions of people holding the same position as you. Some have profited, some have lost money and others have broken even. That means that some are happy, others are angry or sad and the rest are indifferent. Several different emotions and the stock can still move in one only direction.
Not Just People Invest Today
Introduce machines into the equation and emotions become even more irrelevant. Whether you like it or not, machines have become a significant force in the market. From advanced algorithms set up to scrape tenths of a penny to robust systems that can buy and sell millions of shares in a matter of nanoseconds, they all share one thing in common – the absence of emotion.
Cool, Calm and Collected
As an investor, you must be cool, calm and collected. The ability make rational decisions about what to buy and sell can become your most valuable tool. Emotion actually makes you weak and exposes you to judgements that would normally not make sense. If you absolutely know that a stock is oversold and will move upward soon, a drop in price lower than your purchase price can cause a gut reaction to sell.
So how do you avoid trading based on emotions? How do you prevent yourself from panicking when you’re fearful that you might lose a good chunk of your net worth? You have to learn to recognize your emotions and address them accordingly. That’s exactly what this infographic will help you do.
Think, Don’t Feel, Before Trading
By identifying your emotions and how they may impact your actions, you can apply rational thinking to your situation. For example, if the stock you own comes out with negative earnings and declines 4% as a result, stop and think before you hit that sell button. You obviously thought the stock was a good investment before declining in price, so evaluate the recent earnings announcement and determine whether or not OTHER investors are overreacting. Chances are, if you thought about selling immediately in an attempt to minimize your losses, others have done that exact same thing. I can’t count the number of times I've seen a stock take a huge haircut only to rally and regain much of its losses by the end of the day.
That’s not to say that you should never sell a stock if it’s up or down in a big way, just don’t make that decision based on joy or fear.
READERS: When did you overreact based on emotions only to regret your decision afterwards?
Quote for the day
“Liquid markets are, by definition, traded by a large crowd of traders. Although it is nearly impossible to determine what a single trader will do, it is possible to determine the statistical probability of what a large crowd of traders will do. Mass crowd psychology comes into play, the result of mass human emotion as it swings from fear to hope, and back again.” - Rich Swannell
Wednesday, 11 June 2014
Company Fact Sheet: Hapugastenne Plantations PLC - HAPU:N0000
About the company:
Established: 1992 Quoted Date: 1998-03-25 Sector: Plantations
Hapugastenne Plantations PLC (HPPLC) is a Sri Lanka-based company engaged in the cultivation, manufacture and sale of tea, rubber and other agricultural produce. The Company's plantations are situated in the planting districts of Ratnapura, Badulla and Monaragala. During the year ended December 31, 2013, the Company produced 8 million kilograms of tea and 1 million kilograms of rubber.
As of December 31, 2013, the Company's parent undertaking was James Finlay Plantation Holdings (Lanka) Limited, and its ultimate parent undertaking and controlling party was John Swire & Sons Limited.
As of the same date, HPPLC had two subsidiaries within the group, the Company has 54% holding of Newburgh Green Teas (Private) Limited engaged in manufacturing and sale of Green Tea and 51% holding of Finwood Lanka (Private) Limited which has ceased its operations since 31st December 2011 and a special resolution has been passed by its shareholders on 30th December 2013 for a reduction of capital to zero.
Board of Directors:
Mr E.R.Croos Moraes
Company Financial at a glance:
Notes:
1. 20,000,000 Ordinary Shares of the Company were allotted on 18th August 2000, pursuant to a 1:1 Rights Issue @ Rs. 10.00.
2. On January 1, 2001 Debentures to the value of Rs. 150 million were converted to 6,315,789 ordinary shares at the par value of Rs. 10 plus a premium of Rs. 13.75.
Chairman: Mr N.K.H. Ratwatte
Mr E.R.Croos Moraes
Mr M. Vamadevan
Mr J.M. Rutherford (Non-Executive Director)
Mr J. Molligoda
Mr R.J Mathison
Mr D.H. Madawala
Mr R.A.D.R. Ramanayake
Mr A.N. Wickramasinghe (Non-Executive Director)
Mr S.C. Swire (Non-Executive Director)
52 Weeks Low: 26.30 52 Weeks High: 38.00
Average Trading Volume: 344
Company Financial at a glance:
Notes:
1. 20,000,000 Ordinary Shares of the Company were allotted on 18th August 2000, pursuant to a 1:1 Rights Issue @ Rs. 10.00.
2. On January 1, 2001 Debentures to the value of Rs. 150 million were converted to 6,315,789 ordinary shares at the par value of Rs. 10 plus a premium of Rs. 13.75.
Total shares in Issue: 46,315,789
Top 20 Shareholders as at 31/03/2014
The percentage of Shares held by the Public as at 31st March 2014 was 8.17%.
The percentage of Foreign Holding as at 31st May 2014 was 23.43%
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