SRI LANKA HOT STOCKS

Hemas Holdings: A Truly Sri Lankan Company

2010-06-06T11:43:00.001+05:30

Hemas Holdings is one of Sri Lanka's top diversified conglomerates,
commenced operations in 1948 has business interests in to five key sectors in Sri Lanka.

                           * FMCG

                         * Health Care

                          * Transportation

                           * Leisure

                                                                            * Power

Fast Moving Consumer Goods Sector.

Manufactures & Markets consumer goods in the ares of Personal Care,Home Care & Food Categories.
They have several well known products in the market under the above mentioned areas. "Baby cheramy " one of flagship products coming under Personal Care sector & reported to be the market leader in the country under this category.Clogard tooth paste, Kumarika hair oil, Velvet soap, Pro sport cologne,Capri,Gold, & Dandex etc are the other famous products coming under Personal care category.

"Diva " washing powder coming under Home Care category is one of most popular products among Sri Lankans.

Health Care

Operates two hospitals under the name style of " Hemas Hospitals " in Wattala & Galle in addition to the pharmaceutical distribution business.
Hemas Hospital - Wattala a 100 bed hospital which is equipped with Sri Lanka's first patient friendly state of art open magnetic MRI scanner.

The 50 bed Hospital in Galle is equipped with two operating theaters & an incentive care unit.

Transportation

This includes a portfolio of services in Aviation,Maritime, Freight Management,Travel & Courier service.
Airline representation business of the group is strengthen by the Emirates, Malaysian Air Lines ,Maldivian Air Lines, & Rossiya Air Lines.

The hub status of the Colombo Port,the continuous business growth together with the improved volumes of the Colombo Harbor will be an added advantage to the future growth of the Hemas Maritime business.

Far shipping ltd act as the feeder agency for Hemas.

17.1% of the issued share capital of the Mercantile Shipping company PLC is owned by Hemas. They are the second biggest share holder of Mercantile Shipping Company.

Hellman World Wide Logistics has the controlling stake in Hemas freight & it provides a complete transportation and logistics service, which includes sea freight, air freight, multi-modal transportation, multi-country consolidation, custom house brokering, and warehousing & storage.

Leisure

The leisure sector of the Group includes Diethelm Travel Sri Lanka (DTSL) formerly the business of Hemtours & the Serendib Hotel Group which includes three listed hotels in Colombo Stock Exchange - Club Hotel Dolphin, Hotel Sigiriya, Serendib Hotel.

The leisure sector currently has the capacity of over 300 beds among their hotels.

Power

This sector consists of 75% ownership of the Hemas Power which owns Heladanavi ltd. It consists of a 100 MW thermal Power Plant, 2 MW mini hydro project at Kandy & 2.6 M.W power plant in Nuwara Eliya.

Why Hemas?

Hemas share has under performed to the ASI & the MPI since November 2009. End of November Hemas was trading at Rs 122.00 share & at that time ASI & MPI was at 2875 & 3273 respectively.
Profits for the last financial year ended 31/03/2010 reflects an improvement of 30% YOY & the last quarter (JAN - MARCH 2010) profits shows us a growth of 112% over the same period in year 2009.

Net Asset Value of the share was Rs 75.44 as at 31/03/2010 & it was Rs 68.93 as at 31/02/2009.

Hemas is yet to receive the full benefit of the end of 30 year old civil war in the country,since it has more exposure to the Sri Lankan market, we believe that this will be an added advantage to the Company in future.
Strong Recovery was visible in the Health Care, Transportation & Leisure sectors in financial year 2009 ended 31/03/2010 & Power sector reflects a marginal drop in profits over the last year.
Recent announcement of the pending subdivision of its shares (One (01) existing ordinary share to be sub divided in to Five (05) ordinary shares) will increase the much needed liquidity of the company shares.
We expect all the five sectors of the group to perform well in the future.

source - www.cse.lk,www.hemas.com,annual report - hemas, photo credit - annual report hemas

Overseas Reality (Ceylon) - Owners of World Trade Centre - Sri Lanka

2010-05-08T07:11:00.001+05:30

Overseas Realty (Ceylon) PLC is a premier property development and investment holding Company.

It is a Board of Investment approved flagship company incorporated in Sri Lanka in 1980 to undertake principal activities of investments, development, trading & management of real estate. OSEA is a public listed company & the company is owned by Shing Kwan Investments Co. Ltd.

The company’s portfolio of investment property includes

State of art world trade centre, Colombo - Developed, owns & manages.WTC comprise of two towers of 39 floors each with over 700,000sq.ft of prime Commercial & Real Estate space. It was officially opened in 1997.

The world trade centre - reported to be the best business address in Colombo & in Sri lanka.

Havelock city project - Investment through Mireka capital land. Mireka Capital land is a joint venture between Overseas Reality (Ceylon), which owns 60% & Bank of Ceylon, remaining 40%.

Havelock city is the largest luxurious residential & commercial apartment complex built on a 17 acre land in the heart of the city. This mix development once completed would comprise of 1,080 apartments, a retail mall, a business hotel, serviced apartments, recreational & entertainment facilities in this “city within a city” concept.

Overseas Reality Ceylon through these two investments strategically positioned as the single largest real estate investment, development, trading & Management Company in Sri lanka.

Why OSEA?

Company has witnessed an upward trend in occupancy level mainly after the end of 30 year old civil war in Sri lanka.

Company has completed the 1st phase of the Havelock City Project comprising two residential towers of 226 units,covered parking for 520 vehicles, Approximately 2A/C of landscaped gardens.

Apartment sales has increased by 106% in year 2009 over 2008.

Land & Property Sector Price Earning Ratio is currently at 7 & the market Price Earning Ratio is around 20,Clearly shows us that the sector has under performed to the market during past one year period. However this is acceptable when considering the downward trend in the property market in 2008 & 2009 due to the civil war.

Sri Lanka as a country has achieved a dream by wining the war against the tiger terrorists. Now we have another dream to achieve in future, "Sri Lanka wonder of Asia"

Related News Articles

Sri Lanka Overseas Realty expands amid a property market pick up

226 apartments in Havelock City completed, Phase 2 begins

source . www.cse.lk, annual report osea,www.havelockcity.com,

Future Growth stocks - Colombo Stock Exchange Sri Lanka - Update 03

2010-05-08T07:08:00.000+05:30

SRI LANKA STOCK PICKS Exclusive: (S.L.S.Picks) - Listed companies in Sri Lanka have been releasing their earnings for the Last quarter, Nine months, & for the financial year ended 31/12/2009. We have decided to identify BEST PICKS among each & every sector in Colombo Stock Exchange purely based on the latest profit figures released by these companies.

However please note that there is a risk involved in share trading. We do not take responsibility for any lose or damage arising out of stated information in this post. You have to take your own decisions. (Do your own research, do not follow others, Stick to fundamentals, Buy shares when other are selling & sell when others are buying)

Stock	Profit(Rs) 31/12/08	Profit(Rs) 31/12/09	Growth %	E.P.S.(Rs) Trailing	*P.E.R. Trailing()**	NAVPS(Rs) 31/12/09	Issued Share Capital (M.n.)	Price(Rs) 30/03/2010
UAL	342m.n	401m.n	17	11	10.64	61.00	37.5	117.00

UCAR	33m.n	43m.n	29	29	8.97	122.00	1.5	260.00

BUKI	490m.n	2707m.n	453	271	16.24	1218.00	10.0	4400.00

CIND	49m.n	65m.n	34	20	12.09	220.00	3.3	241.75

BREW	76m.n	247m.n	226	12	16.50	78.00	21.00	198.00

GUAR	446m.n	1162m.n	162	62	8.83	485.00	18.9	547.25

CINV	304m.n	844m.n	178	35	9.12	225.00	24.10	319.00

CTEA	166m.n	771m.n	365	39	13.89	246	20.00	539.25

Future Growth stocks - Colombo Stock Exchange Sri Lanka - Update 02

2010-04-15T07:44:00.001+05:30

SRI LANKA STOCK PICKS Exclusive: Listed companies in Sri Lanka have been releasing their earnings for the Last quarter, Nine months, & for the financial year ended 31/12/2009. We have decided to identify BEST PICKS among each & every sector in Colombo Stock Exchange purely based on the latest profit figures released by these companies.

However please note that there is a risk involved in share trading. We do not take responsibility for any lose or damage arising out of stated information in this post. You have to take your own decisions. (Do your own research, do not follow others, Stick to fundamentals, Buy shares when other are selling & sell when others are buying)

Stock	Profit(Rs) 31/12/09	Profit(Rs) 31/12/08	Growth %	E.P.S.(Rs) Trailing	*P.E.R. Trailing()**	NAVPS(Rs) 31/12/09	Issued Share Capital (M.n.)	Price(Rs) 26/03/10
NEST	1,580b.n	1,663b.n	(5)	29	16	33.00	53.70	499.50

PDL	293m.n	320m.n	(8)	4	7	27.00	66.00	30.75

REG	48m.n	41m.n	16	10	9	70.00	4.80	80.25

ABAN	48m.n	(3)m.n	1552	15	10	94.00	2.10	144.75

CARG	492m.n	349m.n	41	3	24	11.00	224.00	70.25

Note -

CARG & ABAN reports are for 09 months as at 31/12/2009
Visit Future growth stocks /Stock picks for the future - Update 01

Sri Lanka - Banking Sector Future Growth Stocks / Picks for the Future - Update 02

2010-04-15T07:36:00.002+05:30

Stock	Profit(Rs) 31/12/09	Profit(Rs) 31/12/08	Growth %	E.P.S.(Rs) Trailing	*P.E.R. Trailing()**	NAVPS(Rs) 31/12/09	Issued Share Capital (M.n.)	Price(Rs) 26/03/2010
HNB	4,553 b.n	2,831 b.n	61	19	9	112.00	189.50	181.25
HNB(X)	4,553 b.n	2,831 b.n	61	19	7	112.00	46.20	136.00
JINS	657 m.n	449 m.n	46	2	7	7.00	363.00	14.25
SAMP	2,073 b.n	1,495 b.n	39	30	8	183.00	68.90	227.00
CDIC	570 m.n	548 m.n	4	13	11	95.00	43.90	136.00

Note -

Sampath bank details were obtained before the recent rights issue.

Market Price Earnings Ratio was 18.53

VISIT Banking Sector Future Growth Stocks / Picks for the Future - Update 01

SRI LANKA - FUTURE GROWTH STOCKS / STOCK PICKS FOR THE FUTURE

2010-04-15T06:45:00.003+05:30

SRI LANKA STOCK PICKS Exclusive : Listed companies in Sri Lanka have been releasing their earnings for the Last quarter , Nine months, & for the Financial year ended 31/12/2009. We have decided to identify BEST PICKS among each & every sector in Colombo Stock Exchange purely based on the latest profit figures released by these companies.

However please note that there is a risk involved in share trading. We do not take responsibility for any lose or damage arising out of stated information in this post. You have to take your own decisions. (Do your own research, Do not follow others , Stick to fundamentals, Buy shares when other are selling & sell when others are buying)

NOTE - Reports for HAYC for 09 Months

We wish you all a very happy new year!!!

2010-04-13T23:43:00.000+05:30

LIGHT HOUSE HOTEL SRI LANKA - A MEMBER OF SMALL LUXURY HOTELS OF THE WORLD

2010-03-22T08:03:00.002+05:30

The Lighthouse Hotel and Spa in Galle is one of the spectacular 5 Star Hotels in Galle in Sri Lanka & is one of the best luxury Hotels in Sri Lanka. Not to mention the Lighthouse Hotel and Spa in Galle is one of the most sought after Hotels in Galle .

The Location of Lighthouse Hotel and Spa in Galle is picture perfect.

Hotel Light House is located 115 km south of Colombo city on the beach front of Galle. The architecture of the hotel is inspired by the majesty of the nearby fort.

A tranquil, solitary retreat nestled on a hill overlooking the Indian Ocean, Lighthouse is a masterpiece of space and light designed by world renowned architect, Geoffrey Bawa.

This hotel is one of
Geoffrey Bawa's earliest and most famous works of architecture. Designed to harmonise with the natural beauty of its surroundings, the Lighthouse combines luxury hotel with an ayurvedic spa.

The Lighthouse Hotel & Spa, which is a member of the small luxury hotels of the world, is ideally situated close to a chain of lowland tropical rain forests. It sits atop a hillock overlooking the azure blue waters of the Indian Ocean. Inspired by the Dutch influence in Sri Lanka, the hotel exudes a touch of history and class and offers guests exquisite cuisine and a splendid unmatched view of the sea.

Hotel Light House offers tastefully furnished 60 A/C Rooms and 3 Theme Suites.

INCOME STATEMENT

BALANCE SHEET

TOP 20 SHARE HOLDERS OF LIGHT HOUSE HOTEL AS AT 31/12/2009

LIGHT HOUSE HOTEL SHARE PRICE MOVEMENT - LAST THREE MONTHS

COMMENTS

Hayleys & MJF group have sold their stakes in Light house hotel at Rs 60.50 @ a discount of nearly 20% to it's previously traded price of slightly over Rs 80.00/ share.

These stakes were purchased by Employees Provident Fund a Government controlled fund,high net worth individuals & individual investors who have confident of the future performance of the Light House Hotel on back of the ever increasing tourists arrivals to the country after the end of 30 year old civil war.

Light House Hotel has a healthy balance sheet when compared to other listed hotels in the Colombo Stock Exchange.

There liabilities stands at only Rs 61,645,000 as against an assets base of Rs 2,320,853,000 as at 31/12/2009.

The Net Assets per Share stands at Rs 49.11 as at 31/12/2009.

Share capital of the company comprises of 46,000,000 issued & fully paid ordinary shares.

Company has reported improved performance for the DEC quarter 2009 by reporting a profit of Rs 383,000 as against a loss of Rs (14,566,000) reported for the same period in year 2008.

Being one of the best five star hotels in the country & in the southern region we believe that the Light House Hotel will offer a very good return to all the investors who accumulate company shares @ the current market price levels in medium to long term.

LAST TRADED PRICE Rs 63.00

ALL TIME HIGH PRICE Rs 88.00

ALL TIME LOW PRICE Rs 5.00

source - www.cse.lk ,annual report light house hotel,reports relating to light house hotel

RETURN FROM SHARES LISTED IN COLOMBOO STOCK EXCHANGE

2010-03-21T21:32:00.001+05:30

We selected following companies listed in the Colombo stock exchange which were represented top price gainers list for the past week (15/03/2010 to 19/03/2010) to give you a basic idea of the value of investing in shares at Colombo Stock Exchange, which was rated as Asia's best performing stock market & World's second best performing stock market in year 2009.

SEE THE RETURN FROM BELOW MENTIONED SHARES. THIS IS WITHING A PERIOD OF ONE WEEK. THINK & INVEST IN COLOMBO STOCK EXCHANGE - SRI LANKA TO GET ABOVE AVERAGE RETURNS.

SRI LANKA - THE PRIDE OF CENTRAL HILLS -THE KANDY HOTELS COMPANY

2010-03-06T14:53:00.002+05:30

Knady Hotels Company (1938) -KHC is the owners of two of most historic hotels in our country located in Central Hills - Kandy.

* Queens Hotel - Kandy

* Hotel Suisse - Kandy

The holding company of KHC is the Ceylon Hotels Corporation,which owns 76.54 % of the issued shares capital of the company.

Queens hotel - kandy

QUEENS HOTEL -

The Queen’s Hotel is considered today as a historic building to be conserved and held for all time as a part of the history of Sri Lanka’s Central Province.

Hotel Suisse - Kandy
The Queen’s was originally a Governors Mansion with a small structure of buildings constructed to house troops.

Today the Queen's Hotel which is one of Kandy's prime properties set on an extent of 217.5 perches of land is one of the finest and grandest architectural buildings of its kind in Kandy.

It has 28 A/C rooms and 26 non A/C rooms.

What's significant about Queen's Hotel is, its location both in the city and in Splendid surroundings alongside the Kandy Lake, and the world renowned "Temple of the Tooth Relic of the Lord Buddha".
This hotel provides the best location to view the world famous Kandy Esala Perahera pagent.

HOTEL SUISSE -

The ideal location of the Hotel Suisse Kandy is just one of the many factors that makes this hotel one of the finest attractions in Sri Lanka.

Hotel Suisse Kandy is directly across the Kandy Lake. The major attractions including the Sacred Temple of the Tooth Relic, the man-made lake of kings as well as the Udawattekele Forest Conservation and Sanctuary are nearby the property.

The hotel has 100 colonially designed rooms.

The ultimate holding company of KHC is the Galle Face group.

76.54% of the issued share capital of KHC is owned by Ceylon Hotels Corporation.
92.41% of the issued share capital of CHOT is owned by Galle Face Hotel & connected parties.

KHC SHARE PRICE MOVEMENT - LAST ONE YEAR

This graph shows us the that for the last one year the share price of KHC has s strong support at & around Rs 100 levels.
The highest traded price in its history was Rs 283.
The company has an issued share capital of 16,500,000.

PROFIT FOR NINE MONTHS ENDED 31/12/2009

Net Asset Value per share as at 31/12/2009 was Rs 255.49
Last traded price was Rs 114.75 as at 05/03/2010.
Apart from 20 largest share holders others are held only 5.13% or 846,500 shares.

Comments

The counter is not attractive technically at present. However we strongly feel that the share has a hidden value based on the Location of two hotels,Historical value and land value of the two hotel properties,Ultimate holding company being Galle Face Hotel ,Improved tourist arrivals to the country after the end of 30 year old civil war.

There for we would like to advice to the investment community to have the KHC share in your investment basket to reap the long term benefits.

source - www.cse.lk,annual report khc,reports on queens hotel & hotel suisse

SRI LANKA - BANKING SECTOR FUTURE GROWTH STOCKS / PICKS FOR THE FUTURE

2010-03-02T16:31:00.001+05:30

SRI LANKA STOCK PICKS Exclusive : Sri lankan listed companies have been releasing their earnings for the Last quarter , Nine months, & for the Financial year ended 31/12/2009. We have decided to identify BEST PICKS among each & every sector in Colombo Stock Exchange purely based on the latest profit figures released by these companies.

However please note that there is a risk involved in share trading. We do not take responsibility for any lose or damage arising out of stated information in this post. You have to take your own decisions. (Do your own research, Do not follow others , Stick to fundamentals, Buy shares when other are selling & sell when others are buying)

SECTOR - BANKING SECTOR P.E.R. - 11.2

NOTE -

* Nine months profit figures.
Share prices update as at 26/02/2010

CSE RUMORS/CSE RUMORS/CSE RUMORS/CSE RUMORS/CSE RUMORS

2010-03-01T22:30:00.006+05:30

See report on Plantations

SRI LANKA STOCK PICKS exclusive: Through this we have decided to convey the CSE Rumors for all of our visitors,which have many times found to be unknown to small investors or when they become aware, prices of particular shares may have had increased substantially. Hence our simple effort is just to give you / convey these rumors where most of top investors are well aware of. However please note that there is a high risk involved in share trading. We do not take responsibility for any lose or damage arising out of stated information in this post. You have to take your own decisions. (Do your own research, Do not follow others , Stick to fundamentals, Buy shares when other are selling & sell when others are buying.)

RETURN FROM SHARES LISTED IN COLOMBOO STOCK EXCHANGE

2010-02-27T15:22:00.000+05:30

We selected following companies listed in the Colombo stock exchange which were represented top price gainers list for the past week (22/02/2010 to 26/02/2010) to give you a basic idea of the value of investing in shares at Colombo Stock Exchange, which was rated as Asia's best performing stock market & World's second best performing stock market in year 2009.

SEE THE RETURN FROM BELOW MENTIONED SHARES. THIS IS WITHING A PERIOD OF ONE WEEK. THINK TWICE INVEST NOW IN COLOMBO STOCK EXCHANGE - SRI LANKA. STILL YOU ARE NOT LATE.

CSE RUMORS/CSE RUMORS/CSE RUMORS/CSE RUMORS/CSE RUMORS

2010-02-22T22:00:00.008+05:30

SRI LANKA - CW Mackie PLC (CWM) - Good Times Ahead!

2010-02-21T21:25:00.005+05:30

Salient features

Share is worth approximately in the range Rs 65/= on the basis of varied valuations.
One of the largest Exporters of Natural Rubber and Desiccated Coconut in Sri Lanka. Company exports approximately 3,500MT of Crepe Rubber, 4,000MT of Tech.Sp.Rubber and 3,000MT of Desiccated Coconuts.
Strong Local Distribution Network for branded consumer products.
Valuable land base which include a Long Term Leasehold ownership of prime property in Colombo ideal for development.
State of the art bottling plant for Bottling of renowned "Sun Quick" range of products under franchise and "Scan" Drinking water. Company bottle and distribute approximately 2mn liters' of "Sunquick" and 3mn liters' of "Scan" bottled water per annum respectively.
Importer and wholesale distributor of approximately 15,000MT of Sugar.
Import and resale of Industrial and Light Engineering products.
Agent for "Hempel" marine paint and protective coatings.

Company Profile
The CW Mackie was founded in 1900 by the late Mr C.W.Mackie a Scotsman, who carried on the enterprise as Merchants and Commissions Agents under the name of 'CW Mackie & Company'. In 1922, the business was incorporated as a private limited company. In 1946, a consortium of Ceylonese and Indian Businessman bought over the shares of the company and converted it to a public company.

The year 1971 marked a significant change when Ceylon Trading Company Limited, the Sri Lanka based subsidiary of Aarhus United A/S of Denmark, bought a part of the Indian shareholding and took over the management of the company. In late 1994, shares equivalent to 25% of the total shares in the company were issued to the public so as to broad-base the ownership of and give the Company greater access to the capital market of Sri Lanka to raise capital funds for the future diversifications and expansions.

The Group consist of CW Mackie PLC and three subsidiary companies engaged in a diversity of activities such as export of primary and manufactured products, ranging from all types of natural rubber and coconut products to rubber based products; import, manufacture and distribution of sugar; import and resale of branded marine paints and protective coatings, welding equipment and consumables, refrigeration and air-conditioning and light engineering products.

Market Prices
The price movement of CW Mackie shares during the period from 18th February to 19th February 2010 are depicted in the graph below.

The highest traded price (year to date) - Rs. 43.25

The lowest traded price (year to date) - Rs. 11.00
The current trading price (19/02/2010) - Rs. 41.75

The share price does not reflect the true value of the company as the liquidity of the share is less than 10%. Three largest shareholders namely Lankem Ceylon PLC, Kotagala Plantation PLC and high networth investor Dr Thirugnanasambandar Senthilverl owns approximately 90% of the issued share capital of the company.

Price Earnings (PE) Multiple Valuation
Net earnings of the current year ending 31st December 2009, are estimated considering the earnings made by the Company up to 30th June 2009 and assuming the past trend of earnings to continue for the balance period while accounting for recent market conditions.

The current Market PER of the Colombo Stock Exchange is around 18 times. However, for the purpose of valuation we have assumed a realistic PER of 15.0 times. Accordingly the FY 2009 PER based valuation of the Company is approximately Rs. 62 per share.

Dividend Yield Based Valuation
Dividends based valuation is determined on the basis of 15% annual rate of Dividend growth and Terminal value derived through an exit price calculated linked to the current market dividend yield. Average dividend growth rate of 15% assumed as a against the Company's forecast dividend growth rate of 33%. Also Cost of Capital/Discount Rate of 20% is assumed for the purpose of discounting future dividends and exit proceeds. No Dividend tax is considered.

Net Asset Value / Price to Book Value
The Net Asset Value is estimated based on the Balance Sheet of the Company as at 30th June 2009. Net Asset Value considers the market value of the assets after deducting the total liabilities divided by the number of ordinary shares in issue.

Considering the Net Asset Value per share computed above, we have estimated below the value per share based on the Price to Book Value (P/BV) ratios of the market as well as the Trading Sector Stocks of the Colombo Stock Exchange. Accordingly the FY 2009 PBV based valuation of the Company is approximately Rs. 76 per share.

* above valuation include adjustment of Rs 800mn assuming that the 253 perch property of CW Mackie PLC located at # 34, 36 DR Wijewardena Mawatha which is leased from the Urban Development Authority (UDA) is extended for a further period. Adjustment assumes the market value of the freehold property .

Why CW Mackie PLC is a strategic fit for Lankem Group?

Lankem owns Rubber Plantation Companies and ownership of CW Mackie will enhance the value chain in a typical forward integration.
EB Creasey and Darley Butler and Company would benefit through the integration of Distribution arm of CW Mackie and the "Scan" product range. This will allow better market penetration and lower cost of distribution.
CW Mackie leasehold ownership of property down DR Wijewardena Mw, is considered to be valued over Rs1bn. This property is facing the road frontage from one side and Beira Lake Frontage from the other. This is an ideal location for mixed development or a recreation facility under a selected theme.

Estimated Value per Share
In terms of the valuations carried out with regard to the earnings potential, dividend yield and the asset base of the Company and with due consideration of the current market price, liquidity of the stock and the potential of the trading sector in the country and other concerns with regard to the industry, country and global market as a whole, it is estimated that the value of Ordinary Shares of C W Mackie Co. PLC would be in the range of Rs. 65 per share.

source - www.srilankaequity.com

RETURN FROM SHARES LISTED IN COLOMBOO STOCK EXCHANGE

2010-02-20T12:49:00.004+05:30

We selected following companies listed in the Colombo stock exchange which were represented top price gainers list for the past week (15/02/2010 to 19/02/2010) to give you a basic idea of the value of investing in shares at Colombo Stock Exchange, which was rated as Asia's best performing stock market & World's second best performing stock market in year 2009.

SEE THE RETURN FROM BELOW MENTIONED SHARES. THIS IS WITHING A PERIOD OF ONE WEEK. THINK TWICE INVEST NOW IN COLOMBO STOCK EXCHANGE - SRI LANKA. STILL YOU ARE NOT LATE.

KAPI share which is in this week's Top ten gainers list was reported by us through our "exclusive CSE RUMOR "'report well in advance. See following Report for more details.

CSE RUMOR on KAPI reported by us on 20/01/2010

Our success ratio over this week's top ten counter is 10%

This counter had given many nice trading opportunities for our followers to make money.
SRI LANKA STOCK PICKS Congrats to all who were able to profit from our reports on this counter.

SRI LANKA - COLOMBO STOCK MARKET CONTINUES IT'S UPWARD MOMENTUM TODAY UP BY 0.97%

2010-02-19T22:17:00.001+05:30

19/02/2010 - Colombo Stock Market continues it's upward trend today as well & Was up by 0.97% . ASI was up by 36.04 to close at 3768.81 & Milanka index was up by 83.80 points to close at 4343.04.

Turnover for the day was Rs 1.6 b.n..

Foreigners were net sellers today.Foreign purchases were at Rs 55 m.n. & foreign sales were at massive Rs 590 m.n. resulting a net outflow of Rs 535 m.n.

A large block of C.W.Mackie [29% stake] was purchased by a high net worth individual Dr.T. Senthilverl @ Rs 35/share. As a result of this trade share price of C.W.Mackie advanced by 20.90% to close at Rs 40.50.

There were 94 gainers as against 54 losers as at end of trading today.

TOP FIVE GAINERS FOR THE DAY TOP FIVE LOSERS FOR THE DAY

LARGE TRADES FOR TODAY

CROSSINGS FOR THE DAY

Today's top gainers list were represented by two stocks previously mentioned by SRI LANKA STOCK PICKS through our Exclusive "CSE RUMOR" report.

NOTE

We expect the market to continue like this in coming weeks as well on back of beyond expected company results release by the listed companies.
Further during February to June most of companies are declaring dividends for it's share holders.
Today we saw over 2.0 m.n. shares of LITE changing hands. This is a positive signal for this share due to following reasons. [ * A capital reduction to be effected during the month of March 2010 in order to wipe off carry forward losses. * Share price has not moved up for the past 8 months. * New product range. * Opportunities available for company products from North & East areas. * NAV is around Rs 6.00 per share. * Present holding of shares will not get reduce due to capital reduction. * More clean balance sheet after capital reduction. * Closing price today Rs 5.50.]

SRI LANKA - PLANTATION SECTOR REPORT

2010-02-18T06:48:00.003+05:30

Investment Summary

Sri Lankan tea prices at record high levels: Sri Lankan tea prices marked a strong recovery from 2QFY10 onwards where it touched the highest ever prices in mid September which was recorded at LKR456 per kg (up 70% YTD). The upswing was mainly attributable to the global supply shortage created by the production deficit in Kenya, India and Sri Lanka due to unfavourable weather conditions. Furthermore, strong demand from the Middle East for Sri Lankan low grown teas and rising demand lead by slowly reviving global economy also strengthened the price increase. Going forward we expect the tea prices to stabilise at current levels and ease by mid 2010 with the production recovering globally. We forecast the prices to remain at LKR360 in 2009 and to reach LKR 389 (up by 8%) in 2010E.

Natural rubber prices on the rise: Local rubber sector suffered severely since FY08 owing to the global economic downturn where synthetic rubber was preferred by the buyers due to lower cost. Natural rubber prices have now started picking up on the back of rising fuel prices which will make synthetic rubber more expensive. Sri Lankan rubber prices which were at the lowest in December 2008 (LKR120 per kg) have now reached LKR350 per kg. We believe the upward price trend would sustain with the rising crude oil prices (now closer to USD80 per barrel) which would further strengthen the demand for natural rubber. Therefore we forecast the rubber prices to be at LKR211 per kg for 2009 and grow by a sharp 30% YoY to LKR274 per kg in 2010E.

Sector profitability to recover: The sector was poised to mark strong earnings in FY10E owing to high commodity prices. But the growth was hindered by the estate labour wage hike which increased the cost of production by a near 20% with effect from April 2009. However we believe the +70% rise in tea and three-fold rise in rubber prices would be able to wither the negative effects of the cost of production to a certain
extent. With tea prices stabilising at current levels and rising rubber prices which would be sustainable in the long run, we forecast the sector to record a strong earnings during the coming quarters.

Our key recommendations would be Malwatta (MAL), Kegalle (KGAL), Kotagala (KOTA) and Namunukula (NAMU) mainly on the back of strong earnings potential (where most of the companies have recorded results above expectations) coupled with strategies to strengthen the bottom line through aggressive cost management policies.

Tea Sector

Tea prices on a secular uptrend. Sri Lankan tea prices are at an all time high, despite the impact of the global financial crisis. The Net Sales Average (NSA) of tea at the Colombo Auction has risen by 74% YTD to LKR440 per kg, underpinned by continuing healthy demand from the key buying regions of the Middle East and Russia/Central Asian countries and also a shortfall in supply in the major growing regions of Asia and
Africa.

Prices of low grown teas, mostly consumed by markets in the Middle East have risen by 70% YTD to a record LKR456 per kg in September 2009 whilst those of high grown teas have soared by a similar percentage to LKR413 per kg.

Tea prices have been rising strongly over the past three years underpinned by increasing income levels in key markets in the Middle East, Russia/Central Asian republics, India and China. Prices at the Colombo Auction rose by 40% YoY to LKR 279 per kg in 2007 and surged further to a record high of LKR342 per kg in July 2008 before falling to LKR302 per kg at the end of the year following the impact of the global credit crisis.

Nevertheless, average tea prices were up 8% YoY in 2008 to LKR302 per kg.

Global tea prices in 2009 have been underpinned by a shortfall in output following drought conditions in the key growing regions. Nevertheless, strong underlying demand (despite the global economic slowdown) in the major consuming markets has also contributed to the positive price trend. We are of the opinion that tea prices are on a secular long term uptrend due to;

a fundamental global shortfall in supply, as very little new planting has taken place,
rising income levels in key consuming markets, and
a switch in consumption from other beverages to tea as the health benefits of the product is recognized.

Consequently, we forecast the NSA of tea at the Colombo Auctions to rise by 20% YoY to LKR361 per kg in 2009, by a further conservative 8% YoY to LKR390 per kg in 2010 and by 10% YoY to LKR429 per kg in 2011.

Low grown tea prices to rise on demand from Middle East. The stronger flavored low grown teas are primarily consumed in the Middle Eastern and Russia/Central Asian markets and we expect demand from these regions to continue to improve as crude oil prices recover in the years ahead. Whilst new supplies of similar flavored and colored teas have come to the market from Vietnam, much of this output is being consumed by China. Consequently, we expect demand for Sri Lanka’s low grown teas to improve strongly.

High grown tea prices to increase on switch to tea from other beverages. The lighter colored and flavored high grown teas have been the bedrock of the tea industry. High grown teas are essentially demanded by the more discerning markets in Europe, which have traditionally preferred Coffee. However, with the increasing trend towards consumption of healthier beverages, we expect demand for high grown teas to improve.

Tea production to recover in 2010. Sri Lanka’s tea production rose by 4% YoY to 317.7 mn kg in 2008 following favorable weather conditions, uninterrupted factory operations and the cumulative impact of good agricultural practices.

In 2009, severe drought conditions have caused tea output to fall sharply in the first half of the year. Whilst tea production was down 41% YoY to 48.7 mn kgs in 1Q2009, 2Q2009 witnessed only a modest decline of 5.8% to 83.5 mn kgs as weather conditions improved. Further, wage related industrial action resulted in output being curtailed in 3Q2009, resulting in output falling by 8.2% YoY to 48.9 mn kgs in the first two

months of that quarter. The cumulative impact of the above was a 19.5% YoY decline in tea output to 181 mn kg in the first eight months of 2009. However, with improved weather and record high prices inducing higher leaf intake, total production for 2009 ended up with 289.8 mn kg which is down 9% Y0Y.

Looking ahead, assuming favourable weather conditions, continuing strong prices and the positive impact of replanting of higher yielding varieties, we believe that yields would revert to around the historical average of closer to 1,400 kgs per hectare. And given the fact that the area under cultivation is unlikely to change from the current 222,000 hectares, we are projecting tea output to rise by 4.2% YoY to 301.92 mn kgs in

2010 and further by 2.9% YoY to 310.8 mn kgs in 2011.

Increase in Cost of Production to be muted. Although non-wage costs (especially fertilizer and energy related expenses) rose by over 50% in 2008, the average Cost of Production (COP) of Sri Lankan tea increased by only a moderate 10.8% YoY to LKR262.60 per kg in the absence of a wage hike (wages account for around 55% of total cost of production of tea). This was also due to strong growth in output of over
4% YoY.

Sri Lankan plantation workers’ wages are reviewed every two years according to a collective agreement between the unions and the companies. The previous collective agreement, where the wage per worker per day was fixed at LKR290 expired in March 2009. However, following mounting pressure over rising cost of living, a fresh collective agreement was signed between the Plantation Companies and the Trade Unions

which fixed the daily wage of plantation workers at a maximum of LKR405 per day.

Whilst the hefty wage increase of around 40% has been implemented effective April 2009, an approximately 15% decline in non-wage costs (mainly on account of around a 30% decline in energy and fertilizer expenses) the COP in 2009 increased by a significant 17% YoY to LKR 307.6 per kg. However, with the full impact of the wage increase being accounted for in the year and the likely increase in non-wage costs on the back of global inflationary pressures, we estimate COP to rise by another 5.7% YoY to LKR 334.8 per kg in 2010. We also project COP to rise by a further 12% YoY to LKR 385.8 per kg in 2011 on the back of an equivalent rise in wage and non-wage costs.

Gross margins in tea to remain positive. Despite increasing wages and other input costs, margins in tea have remained positive due to rising prices on the back of buoyant demand. In 2007 and 2008, gross profit of in tea reached LKR42.0 and LKR39.0 perkg respectively, converting to a gross margin of 15% and 13%.

Looking ahead, despite the impact of higher wages, we expect rising tea prices to enable tea plantations to

maintain healthy margins of 14.8% in 2009 (LKR53.58 per kg) and +15% in 2010

Rubber Sector

Rubber prices have bottomed out. Natural rubber prices (RSS1 -Ribbed Smoked Sheet) have risen strongly by 104% YTD to LKR318.60 per kg in December 2009 in line with recovery in crude oil prices. As natural and synthetic rubbers (the latter derived from crude oil) are substitutes, the price of natural rubber naturally tracks that of crude oil.

In addition, with Sri Lanka being a relatively small producer of natural rubber, much of the output is consumed by local industry (a near 60% being locally consumed), leaving little of the commodity for export, thus effectively soaring up prices.

In the two years prior to the global financial crisis, natural rubber prices at the Colombo Auctions rose sharply by 25% YoY to an average of LKR234.22 per kg in 2007 and a further 15% YoY to LKR 269.51 per kg in 2008 in tandem with the price of crude oil. In 2008, the price of RSS1 rose to a high of LKR 360 per kg in June, before collapsing to a low of LKR111.10 per kg in December following the global financial crisis.
However, some recovery was witnessed in December itself, with the price of RSS1 closing the year at LKR 150 per kg, enabling the price of the commodity to average LKR 269.51per kg in 2008, due to the severely affected last quarter.

In 2009, natural rubber prices have been buoyed by the recovery in crude oil prices, in addition to tight local supply on account of drought conditions. Further, with global recessionary conditions easing in 2H2009 and crude oil prices continuing to rise, further gains in natural rubber prices appear inevitable. With the price of RSS1 rising strongly by 104% YTD to December 2009, we expect the price of the commodity to average LKR 210.99 per kg in 2009, down 22% YoY on the back of volatile first nine months.

Approximately two thirds of global natural and synthetic rubber production is utilized in automobile manufacture and hence the demand for the commodity is inextricably linked to the fortunes of that industry, in addition to the price of crude oil. Consequently, with the likely recovery in global economic growth in 2010 and further gains in crude oil prices, we are projecting the price of RSS1 to rise strongly by 30% YoY to
an average of LKR274.29 per kg in 2010 and further by 20% YoY to LKR 329.14 per kg in 2011.

Rubber production to rise steadily. Underpinned by remunerative prices, natural rubber output in Sri Lanka has risen strongly over the past five years, from 92 mn kgs in 2003 to a record 129.2 mn kgs in 2008, a CAGR of 7%. With prices rising steadily over the years, replanting and new-planting of rubber land has also continued to increase with the cultivated area being tapped for rubber rising from 86,000 hectares in 2003 to 95,500 hectares in 2008, a CAGR of 2%. Higher prices have also resulted in improved agricultural practices (such as proper and timely application of fertilizer, use of rain-guards, improved tapping techniques etc.) enabling yields of rubber plantations to rise from 1,068 kgs per hectare in 2003 to 1350 kgs per hectare in 2008, a CAGR of 5%.

In 2009, national rubber output has increased to 113.8 mn kgs during the first nine months of the year which has increased by 3.6% from year ago. We believe the full production for 2009 to be around 140 mn Kgs recording a growth of 8% YoY.

With the BRIC economies demanding higher volumes of natural rubber coupled with the East Asian plantations switching from rubber to less labour intensive oil palm, the global natural rubber industry is experiencing a supply deficit which is expected to last beyond 2011. We believe this would further strengthen the demand for Sri Lankan rubber with the recovery of BRIC countries from the global economic downturn.

Looking ahead, we believe that Sri Lanka’s rubber plantations are well placed to reap the benefits of replanting and new-planting programmes and the good agricultural practices adopted over the past few years, enabling yields to rise strongly. Consequently, we are projecting rubber output (weather permitting) to rise by 10% YoY to153 mn kgs in 2010 and by a further 5% YoY to 161 mn kgs in 2011.

Cost of production of rubber is less onerous. The use of fertiliser and energy is much less in the manufacture of rubber relative to tea and therefore, despite the sharp increase in the costs of such inputs, the cost of production of the commodity rose by 9% YoY to LKR114 per kg in 2008. Further, the lower intensity of labour usage also contributed to containing the rise in COP of rubber as no wage increase was affected during the year.

However, following the hefty 40% wage increase in September 2009, COP of rubber is forecast to increase by a slower 4% YoY to LKR118.2per kg in 2009, with the approximate 30% decline in fertiliser and energy costs dampening the impact of higher labour costs. Nevertheless, with the full impact of the wage increase being accounted for in 2010 and the likely increase in non-wage costs on the back of global inflationary pres-
sures, we estimate COP to rise by a further 4% YoY to LKR123.02 per kg in the year. We also project COP to rise by a further 13% YoY to LKR138.8 per kg in 2011 on the back of an equivalent rise in wage and non-wage costs.

Hefty margins in rubber. Given the relatively lower COP of rubber, the gross margin of the commodity has been significantly positive over the past few years. In 2007 and 2008, gross profit of in rubber reached LKR129.4 and LKR155.5 per kg respectively, resulting in gross margins of 55% and 58%. With the recovery in rubber prices, despite the impact of higher wages, we expect rubber plantations to maintain margins of 45% in 2009 (LKR94.9 per kg), 57% in 2010 (LKR155.30 per kg) and 58% in 2011 (LKR181.4 per kg).

Oil Palm Sector

Oil palm to generate healthy margins. Cultivation of Oil Palm is carried out in Sri Lanka only on a very small scale, with just 4 of the 22 regional plantation companies operating a few small estates totalling 2876 hectares. The Crude Palm Oil (CPO) production of these estates is purchased by AEN (Private) Limited, a palm oil processing centre which manufactures Refined Palm Oil (RPO). AEN is a joint venture between Namunukula Plantations, Agalawatte Plantations and Elpitiya Plantations. However, palm oil manufacture is an important revenue and profit source for these companies as the commodity yields significant and stable gross margins/profits. Total output of CPO in 2008 increased by 32% YoY to 29.4 mn kgs.In 2007, the price of CPO averaged LKR20 per kg whilst cost of production was at LKR8.30 per kg, yielding a gross profit of Rs. 11.6 per kg. This converted to a hefty gross margin of 58%, a remuneratively high level by any industry standard. But the prices fell to LKR16 per Kg in mid 2008 which continued for nearly a year (till August 2009) on the back of decline in global demand created by recessionary pressures.

However by the end of 2009, the companies were able to get back to normalcy with prices ranging between LKR19 – 20 per Kg. With a lower cost of production of LKR6 –8 per Kg, oil palm has given a gross margin of a near 50% for the planters and we believe the margins would further improve in the coming years with increasing prices and declining cost of production.

Opportunities in the green

Apart from the strong earnings potential (backed by the sustainable rubber prices coupled with high tea prices), the sector with its massive land mass has many more opportunities which are mostly untapped.

Tourism would be an ideal opportunity, where the greenery full of magnificent sceneries and soothing climate would be an unmatched competitive advantage over the competitors in the leisure business.

Forestry management is another lucrative business the sector could look into. At present this is restricted by stringent regulations and the sector collectively has proposed ways of sustainable forestry management to the regulatory bodies.

Furthermore, power generation using hydro, dendro and wind power to source its own electricity requirement would be another opportunity the sector could look into. This would result savings on the electricity expenditure (where 1 unit of electricity is consumed to produce 1kg of made tea) which would lead to reduce the cost of production significantly.

Investment Recommendation

Having recorded fluctuating profits during the past two years, prices of tea have picked up sharply since mid 2009 resulting better profit margins despite the wage hike pressure. In addition, rubber which experienced the lowest ever prices in December 2008 recovered during the last quarter of 2009 which is now enjoying LKR350 per kg on the back of rising global activity levels.

Investment margin for tea in 2008 stood at 13% (2% dip from 2007) where as it is now at 15%. The margin was somewhat limited by the near 20% hike in COP resulted by the wage hike with effect from April 2009. However we believe the margins would be sustainable in the coming quarters giving a healthy margin of +15% for 2010E.

Rubber which used to generate the highest margins, faced the worst ever times ever on the back of global economic downturn which made the synthetic rubber (a by product of oil) cheaper and reducing the demand for natural rubber. This made the +50% margins enjoyed over the past years (since 2006) erode to 40% levels. Even though the prices picked up in the later part of 2009, backed by the slow recovery of global activity we believe the year round margin to stabilize at 40% and to increase to 56% in 2010E.

The sector, which comprises of 18 listed companies, has posted LKR682.7 mn of net earnings during the last four quarters. It is currently trading at 28.3X on trailing 4 quarter earnings whilst trading at 1.2X PBV. The sector as a whole has marked a significant improvement from a week ago where the four quarter trailing PE was at 41.7X.This is directly attributable to the strong earnings released by a few counters during the week.

Looking at the above chart it is evident that sector has traded between 0.9X - 18.9X during the past four years. Going forward, we believe the sector may reach a target PE of 18X in the near future, making the sector more attractive.

When considering individual companies, our key buys would be Malwatta (MAL), Kegalle (KGAL), Kotagala (KOTA) and Namunukula (NAMU) mainly on the back of strong earnings potential (where most of the companies have released results above expectations) coupled with strategies to strengthen the bottom line through aggressive cost management policies. In addition we would also rate Banalangoda (BALA), Horana (HOPL) as secondary buys considering their earnings which is below the earnings of the key buys but far above the rest of its peers.

source - www.srilankaequity.com/

SRI LANKA - TALAWAKELE PLANTATIONS JOIN THE PLANTATION RALLY

2010-02-18T06:38:00.001+05:30

16/01/2010 - Talawakele Plantations a Hayleys group company has reported more than 100% growth in profits for the last 03 months period ended 31/12/2009. despite a marginal loss reported for the financial year 2009 ended 31/12/2009.

Net assets per share now stands Rs 42.56 as at 31/12/2009 for the group.

TOP FIVE SHARE HOLDERS AS AT 31/12/2009
Hayleys Plantation Services (Private) Limited         --- 17,750,000

Merrill J Fernando & Sons (Pvt) Limited                          --- 1,184,700

Mr. S. N. C. W. M. B. C. Kandegedara                          ---     252,000

Waldock Mackenzie Limited / Ceylinco Shriram Capital   ---     235,000

Mrs. P. N. Bhatt                                                              ---     126,000

RETURN FROM THE PLANTATIONS REPORTED BY SRI LANKA STOCK PICKS

2010-02-18T06:34:00.004+05:30

On 30 th January 2010 we released a report covering all plantation companies in Sri lanka & the value of investing in Plantations in Colombo Stock Exchange. [See report]This was given a wide publicity by several leading web sites [Sri lanka equity analytics / new Srilanka.com etc.] world wide.

This is one of few reports published [To our knowledge] during the month of January 2010 highlighting the importance /hidden value of investing in Plantation companies in Sri lanka.

After releasing this report from the very next day [01/02/2010]onwards Plantation index starts to climb up. However we still believe that the Plantations have a very good future ahead & most of plantation companies are still trading below to their true potential values.

As per this Table we can see that one company is leading the way [WATA] & next three companies [AGAL /BALA /KOTA] are well ahead to other counters & followed by another two counters [KGAL / MAL ] in terms of return [growth in share price]for the period 01/02/2010 to 12/02/2010

Investors / Friends

Will this trend continue in future as well?
Is there a true hidden value representing in these counters here?
Is WATA the most valued plantation company in CSE?
WATA - AGAL -BALA -KOTA-KGAL - MAL Is this the correct way to represent the value of Plantation companies?
Is this order representing the investor's demand?
Any thing new / from out side this table.

We are expecting a feed back from all the investment community who like to invest in plantations or already have plantation stakes.

RETURN FROM THE "CSE RUMORS" REPORTED BY SRI LANKA STOCK PICKS

2010-02-18T06:33:00.001+05:30

SRI LANKA STOCK PICKS exclusive: Through this we have decided to convey the CSE Rumors for all of our visitors,which have many times found to be unknown to small investors or when they become aware, prices of particular shares may have had increased substantially. Hence our simple effort is just to give you / convey these rumors where most of top investors are well aware of. However please note that there is a high risk involved in share trading. We do not take responsibility for any lose or damage arising out of stated information in this post. You have to take your own decisions. (Tips - Do your own research, Do not follow others , Stick to fundamentals, Buy shares when other are selling & sell when others are buying.)

Our success is just like this - Total reported counters = 21

14 counters have shown positive results.
One counter shows above 100 % return.
Another one counter shows above 50% return.
Another two counters reflect above 25 % return.
We have five counters that reflect above 10 % return.
What is great is we have only three counters that reflect a negative growth.

Please note that the Colombo Stock Market was in a negative direction during the last week & all most all the counters we mentioned through "CSE RUMORS" have shown significant price improvements after our reporting, [ see highest traded price] before comes down due to down ward trend in the market.

RETURN FROM THE SHARES RECOMMENDED BY SRI LANKA STOCK PICKS AS AT 12/02/2010

2010-02-18T06:16:00.003+05:30

Sri lanka stock picks has recommended following shares during the months of December 2009 & January 2010 for our investors / visitors.

Colombo stock market still offers us attractive returns in medium to long term. After the end of 30 year old civil war, the liberated areas (North & East) we believe is behind two three decades to the rest of the country. Participation of these areas to the economy during the coming months, Increase tourist arrivals in future, Low interest rate regime,Calm atmosphere in the country,Political stability are the main factors to be considered when investing in the market.

Note - Due to the pending rights issue, trading price of Coco lanka came down sharply from our recommended levels. However we believe that this is mainly due to the market over reacting to the rights issue,since investors expect a subdivision for its shares from the company.Being an agricultural company we still believe that Coco will have a strong future ahead.

After our initial recommendation it peaked to Rs 57.50 as well.

All of these companies had given many nice trading opportunities for our followers to make money.

SRI LANKA STOCK PICKS Congrats to all who were able to profit from our stock picks on these counters.

RETURN FROM THE SHARES LISTED IN COLOMBO STOCK EXCHANGE

2010-02-18T06:14:00.001+05:30

13/02/2010 - We selected following companies listed in the Colombo stock exchange which were represented top price gainers list for the past week (08/02/2010 to 12/02/2010) to give you a basic idea of the value of investing in shares at Colombo Stock Exchange which was ranked as Asia's best performing stock market & World's second best performing stock market in year 2009.

SEE THE RETURN FROM BELOW MENTIONED SHARES. THIS IS WITHING A PERIOD OF ONE WEEK. THINK TWICE INVEST NOW IN COLOMBO STOCK EXCHANGE - SRI LANKA. STILL YOU ARE NOT LATE.

We are delighted to report that Two stocks which are in this week's Top gainers list were reported by us through our "exclusive CSE RUMOR "'report well in advance. See following Reports for more details.

CSE RUMOR on ERL [GREG] reported by us on 21/01/2010
CSE RUMOR on TWOD reported by us on26/01/2010

Our success ratio over for this week's top ten counter is 20%

We managed to report this success ratio despite the Colombo Stock Market was in the negative territory during last week.

These two companies had given many nice trading opportunities for our followers to make money.

SRI LANKA STOCK PICKS Congrats to all who were able to profit from our reports on these two counters.

We would like to remind to our investors that our stock recommendations or stocks mentioned in the CSE RUMOR reports are not for day traders or not for do day trading activities.[see top for our description] Please do not buy any shares mentioned in SRI LANKA STOCK PICKS for trading activities.That is totally against our policy.

Further we strongly believe that share trading is an another way of investing,just like depositing money in Financial institutions,Investing Treasury bills / bonds, Purchasing immovable or movable properties etc with a view of getting a long term return, but not a place for gambling or betting.
But you can find different players in the market.What we believe is that if you go for short term trading / day trading activities you will end up with nothing.

Go for long term investments. Because still our market has room for go up.
If necessary get the short term benefits.
Do not purchase shares on credit basis. You have to dance to the tune of your Broker

SRI LANKA STOCK PICKS main motive is promoting share trading or encourage investments in shares in Colombo Stock Market among Sri lankans,Sri lankans living abroad,foreigners,etc who have no idea or little knowledge in relation to share trading but not to compete with others who are also engage in this field.

SRI LANKA - ANOTHER FOUR PLANTATION COMPANIES REPORTS RECORD GROWTH FOR DEC QUARTER 2009

2010-02-18T06:11:00.002+05:30

11/02/2010 - Several plantation companies listed in Colombo Stock Exchange reported improved profits for the Dec 2009 quarter. By now all the plantation companies which released results for the same period had recorded significant profit improvements. [Reasons - see our Plantation report]

Hence we advice investors to collect shares of theses companies in the event of any price decline in future.

    KEGALLE PLANTATIONS

     Net assets per share was Rs 58.89 as at 31/12/2009

   BOGAWANTALAWA PLANTATIONS

     Net assets value of BOGA as at 31/12/2009 was Rs16.71

   MASKELIYA & NAMUNUKULA PLANTATIONS

Net assets value of MASK was Rs 33.28 & Net assets value of NAMU as at 31/12/2009 was Rs 35.09

SRI LANKA - KELANI VALLEY PLANTATIONS JOIN THE PLANTATION RALLY

2010-02-18T06:03:00.003+05:30

See report on Plantations

11/02/2010-Kelani Valley Plantations a heylease group of company a subsidiary of dipped products,has reported an impressive results for the Dec quarter 2009 back of the strong Tea & Rubber prices fetched in the world market.

However there was a drop in profits for the financial year 2009, where the commodity market was severely affected by the world economic downturn.

E.P.S. for last quarter stands at Rs 5.26 . Net assets per share as at year end 31/12/2009 was Rs 46.44.

TOP TEN SHARE HOLDERS OF THE COMPANY

Kelani Valley share closed at Rs 56.25 on 10/02/2010. They have declared a dividend of Rs 1.00 per share first & final for the financial year 2009.

We expect all the plantation companies listed on Colombo Stock Exchange to report improved profits for the financial year 2009 due to several reasons mentioned in our Plantation report "Its plantation time at Colombo stock exchange" [see above ]