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    Weekly Review by Asia Securities Research 6 February 2015

    Market Statistics

    Major Price Movements

    6-Feb 30-Jan % Chg.

    All Share Index 7,162.8 7,180.1 -0.2

    S & P 3,958.9 3,962.2 -0.1Banking & Finance 18,101.8 18,088.3 0.1Food & Beverage 21,737.8 22,037.5 -1.4Diversified 1,947.3 1,965.8 -0.9Hotels & Travels 3,436.0 3,437.7 0.0Telecommunication 206.4 209.4 -1.4Manufacturing 4,281.8 4,235.7 1.1Market Capitalisation (LKR bn) 3,034.9 3,042.3 -0.2

    (USD bn) 22.8 23.0 -0.7Turnover (LKR mn) 5,717.5 6,104.0 -6.3

    (USD mn) 43.0 46.2 -6.8Average Daily Turnover (LKR mn) 1,905.8 1,220.8 56.1Volume (mn shares) 150.9 220.2 -31.5Foreign Purchases (LKR mn) 2,844.0 2,699.5 5.4Foreign Sales (LKR mn) 2,230.9 1,800.0 23.9

    In This Issue;

    Bourse Recovers on Renewed Buying Interest in IndexHeavy WeightsStock market witnessed a precipitous fall on Monday amidstmacroeconomic uncertainties and recovered during Thursdays ..

    Pg 02

    Colombo B ourses Billion Rupee Club Table below shows the members who have qualified to be a part ofAsia Securities Researchs Billion Rupee Club .

    Pg 03

    Analysis of Various Warrants Listed on CSE Pg 04

    Commodity Prices Pg 05

    Company Price +/-LKR +/- %Hydro Power 6.0 0.7 13.2

    Madulsima Plantations 15.4 1.4 10.0

    PCH Holdings 2.3 0.2 9.5

    Vallibel Power Erathna 8.2 0.6 7.9

    Amana Takaful 1.4 0.1 7.7

    PC Pharma 1.3 -0.1 -7.1

    Asian Alliance Insurance 131.4 -12.1 -8.4

    Aviva NDB Insurance 280.1 -29.9 -9.6

    Blue Diamonds 1.3 -0.3 -18.8

    John Keells Holdings (W22) 41.5 -10.9 -20.8

    ASI Daily Closing

    Company VolumeSierra Cables 14,938,092

    Peoples Leasing Company 14,222,883

    John Keells Holdings 13,491,181

    Dialog Axiata 12,257,547

    Piramal Glass 10,735,804

    Vallibel Power Erathna 10,093,640

    Asia Asset Finance 9,946,164

    Textured Jersey Lanka 6,165,664

    Browns Investments 5,175,789

    Access Engineering 5,075,346

    Major Price Movements

    V o l u m e

    6

    Large Trades

    0

    500

    1,000

    1,500

    2,000

    2,500

    6,7006,8006,9007,0007,1007,2007,3007,400

    7,5007,600

    16-Jan

    19-Jan

    20-Jan

    21-Jan

    22-Jan

    23-Jan

    26-Jan

    27-Jan

    28-Jan

    29-Jan

    30-Jan

    2-Feb

    5-Feb

    6-Feb

    Turnover ASI closing

    LKR(ASI )

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    Introduction

    Bourse Recovers on Renewed Buying Interest in Index Heavy Weights

    Stock market witnessed a precipitous fall on Monday amidst macroeconomic uncertainties and recovered during Thursday s andFriday s trading to end the short week with a slight dip. Renewed interest on few index heavy weights along with price gains on same

    pushed the indices up during the last two trading sessions; however the market was unable to record a WoW gain. The ASPI dipped

    17.3 points WoW to close at 7,162.8 points (-0.2%), whilst the S&P SL20 Index dipped 3.3 points WoW to close at 3,958.9 points (-0.1%). ASPI faltered mainly on the back of price dips on Ceylon Tobacco Company (-5.1% WoW), John Keells Holdings (-2.4%WoW), Nestle Lanka ( -1.3% WoW), Hatton National Bank (-1.5% WoW) and Lanka Orix Leasing (-2.3% WoW).

    Market initiated the week with a steep fall as the benchmark index fell sharply bordering the 7,000 mark on Monday when stock pricesfell across the board. Expectations on the negative impact over the proposed Super Gain Tax along with the withdrawal of approvalgranted for planned Casino related activities dampened investor sentiments brining in panic selling. However, market recovered onWednesday as renewed buying interest on selected blue chips such as John Keells Holdings, Dialog Axiata, Commercial Bank,Hatton National Bank, Access Engineering etc. along with price gains secured the index from not falling below the 7,000 mark. Inaddition, week witnessed an increase in foreign participation which resulted in a net foreign inflow of c.LKR 613.0mn.

    Trading witnessed few crossings on selected blue chips during the week, which include John Keells Holdings which emerged as the

    week s top turnover contributor adding c.48.0% to the week s cumulative turnover. The counter witnessed several crossings amountingto c.1.4mn shares at prices ranging between LKR 201-LKR204, whilst it also witnessed several block trades in the normal board, withthe mix of high net worth and institutional interest. In addition amongst other counters that witnessed crossings over the week include1.0mn shares of Peoples Leasing and Finance at LKR 23.80, over 3.1mn shares of Textured Jersey at LKR 23.10 and LKR 23.50and 196k shares of Nations Trust Bank at LKR 105.0.

    In addition, Asia Asset Finance, Sierra Cables, Piramal Glass, Dialog Axiata etc were amongst few counters that witnessed largescale block trades on the normal board, whilst the stocks also witnessed a mix of retail, high net worth and institutional participation.

    The week saw foreign purchases amounting to LKR 2,844.0mn whilst foreign sales amounted to LKR 2,230.9mn. Market capitalisationstood at LKR 3,034.9bn and the YTD performance is -1.9%.

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    Table below shows the members who have qualified to be a part of Asia Securities Researchs Billion Rupee Club . Theeligibility criteria lie with their earnings reaching LKR1 bn mark. The list will be refreshed on a quarterly basis identifyingthe new qualifying members whilst eliminating the disqualifying.

    Company Code Price ROE BVPS Net Profit TrailingEPS

    Trailing PE PBV Mkt Cap Mn

    JOHN KEELLS HOLDINGS JKH N 208.80 10.15% 127.08 12,867.24 12.90 16.2 1.6 208,258.62COMMERCIAL BANK [V] COMBN 168.10 16.03% 80.43 11,167.42 12.90 13.0 2.1 136,222.04COMMERCIAL BANK [NV] COMBX 132.90 16.03% 80.43 11,167.42 12.90 10.3 1.7 7,386.57CEYLON TOBACCO CTC N 1020.00 188.78% 25.88 9,152.00 48.86 20.9 39.4 191,070.23HNB [V] HNB N 202.00 12.70% 157.51 8,055.32 20.01 10.1 1.3 64,990.77HNB [NV] HNB X 162.10 12.70% 157.51 8,055.32 20.01 8.1 1.0 13,107.59DISTILLERIES DISTN 232.00 13.06% 201.35 7,886.36 26.29 8.8 1.2 69,600.00SRI LANKA TELECOM SLTLN 49.50 10.38% 35.05 6,565.00 3.64 13.6 1.4 89,340.57DIALOG TELEKOM DIALN 11.90 13.61% 5.16 5,724.07 0.70 16.9 2.3 96,910.96CARSON CUMBERBATCH CARSN 420.50 12.18% 239.07 5,719.99 29.13 14.4 1.8 82,580.70BUKIT DARAH BUKIN 685.00 17.24% 289.49 5,091.19 49.91 13.7 2.4 69,870.00SAMPATH BANK SAMPN 250.00 14.70% 202.47 4,998.84 29.77 8.4 1.2 41,977.56LANKA IOC LIOCN 57.00 23.22% 34.89 4,314.87 8.10 7.0 1.6 30,354.20DFCC BANK DFCCN 209.00 8.81% 171.25 3,998.53 15.08 13.9 1.2 55,405.42PEOPLE S LEASING PLC N 25.00 19.13% 12.81 3,872.00 2.45 10.2 2.0 39,496.56

    NESTLE LANKA NESTN 2250.00 92.95% 77.50 3,869.94 72.03 31.2 29.0 120,882.29

    AITKEN SPENCE SPENN 106.90 11.56% 80.36 3,770.97 9.29 11.5 1.3 43,400.98 NDB NDB N 231.00 13.19% 170.93 3,721.60 22.54 10.2 1.4 38,136.70CENTRAL FINANCE CFINN 248.00 15.37% 215.53 3,475.10 33.13 7.5 1.2 26,011.07LOLC LOLCN 86.00 13.43% 54.16 3,456.22 7.27 11.8 1.6 40,867.20SEYLAN BANK [V] SEYBN 96.00 12.39% 71.53 3,057.27 8.86 10.8 1.3 16,893.83SEYLAN BANK [NV] SEYBX 61.50 12.39% 71.53 3,057.27 8.86 6.9 0.9 10,392.46OVERSEAS REALTY OSEAN 27.00 12.07% 29.76 3,029.18 3.59 7.5 0.9 22,774.08ACCESS ENGINEERING LIMITED AEL N 27.30 18.17% 15.59 2,832.97 2.83 9.6 1.8 27,300.00CHEVRON LUBRICANTS LLUBN 410.00 46.71% 49.57 2,778.97 23.16 17.7 8.3 49,200.00

    NATIONS TRUST BANK NTB N 104.30 19.09% 57.42 2,527.29 10.96 9.5 1.8 24,052.34CEYLON GUARDIAN GUARN 190.00 10.28% 290.25 2,449.15 29.83 6.4 0.7 15,598.38CEYLINCO INSURANCE [V] CINSN 1601.00 13.32% 692.16 2,435.79 92.21 17.4 2.3 32,020.00CEYLINCO INSURANCE [NV] CINSX 525.00 13.32% 692.16 2,435.79 92.21 5.7 0.8 3,367.60BROWNS BRWNN 105.00 15.38% 214.45 2,337.23 32.98 3.2 0.5 7,441.88VALLIBEL ONE LIMITED VONEN 22.10 6.96% 30.73 2,325.55 2.14 10.3 0.7 24,012.96HEMAS HOLDINGS HHL N 83.00 15.66% 28.64 2,311.98 4.49 18.5 2.9 42,769.12AIT. SPENCE HOTEL HOLD. AHUNN 77.80 14.81% 45.45 2,263.97 6.73 11.6 1.7 26,163.36

    TOKYO CEMENT [V] TKYON 68.80 23.23% 28.92 2,244.99 6.72 10.2 2.4 15,325.20TOKYO CEMENT [NV] TKYOX 49.00 23.23% 28.92 2,244.99 6.72 7.3 1.7 5,457.38ASIAN HOTEL & PROPERTIES AHPLN 69.10 9.51% 49.23 2,072.71 4.68 14.8 1.4 30,595.77JOHN KEELLS HOTELS KHL N 16.30 10.39% 12.50 1,890.55 1.30 12.6 1.3 23,735.19HAYLEYS HAYLN 325.00 7.71% 325.13 1,879.89 25.07 13.0 1.0 24,375.00LB FINANCE LFINN 160.00 26.57% 99.32 1,827.49 26.39 6.1 1.6 11,081.14LION BREWERY LIONN 638.00 23.45% 94.98 1,781.70 22.27 28.6 6.7 51,040.00CEYLON INVESTMENT CINVN 96.60 12.33% 142.71 1,733.97 17.60 5.5 0.7 9,516.54ROYAL CERAMICS RCL N 113.50 15.50% 98.41 1,689.70 15.25 7.4 1.2 12,574.60RICHARD PIERIS RICHN 8.50 17.33% 4.68 1,649.07 0.81 10.5 1.8 17,297.83COMMERCIAL CREDIT LIMITED COCRN 45.80 39.40% 13.14 1,646.05 5.18 8.9 3.5 14,567.81CEYLON COLD STORES CCS N 277.50 15.02% 105.94 1,511.79 15.91 17.4 2.6 26,373.60LAUGFS GAS LGL N 41.00 17.07% 18.80 1,242.04 3.21 12.8 2.2 13,735.00LAUGFS GAS [NV] LGL X 35.00 17.07% 18.80 1,242.04 3.21 10.9 1.9 1,820.00LEE HEDGES SHAWN 459.80 36.86% 653.34 1,233.22 240.84 1.9 0.7 2,354.43LANKA ORIX FINANCE LOFCN 4.00 16.31% 2.63 1,198.98 0.43 9.3 1.5 11,200.00COMMERCIAL LEASING &

    FINANCE

    CLC N 4.40 12.31% 1.51 1,186.55 0.19 23.7 2.9 28,061.93

    JANASHAKTHI JINSN 23.40 24.94% 13.04 1,181.05 3.25 7.2 1.8 8,494.20UNION ASSURANCE UAL N 168.00 21.45% 61.88 1,137.49 13.27 12.7 2.7 14,400.00ASIRI HOSPITAL ASIRN 21.50 20.41% 4.92 1,103.95 1.00 21.4 4.4 23,630.48TEXTURED JERSEY TJL N 23.90 17.34% 9.59 1,098.79 1.66 14.4 2.5 15,791.98EXPOLANKA HOLDINGS EXPON 9.20 10.56% 5.17 1,067.76 0.55 16.8 1.8 17,985.22FIRST CAPITAL CFVFN 46.90 40.04% 25.97 1,053.14 10.40 4.5 1.8 4,748.63ASIAN ALLIANCE AAICN 131.40 39.33% 68.68 1,012.92 27.01 4.9 1.9 4,927.50

    ROE: Trailing 4 quarters return on equity Trailing EPS : Trailing 4 quarters earnings per shareBVPS : Most recent quarter book value per share Trailing PE : Trailing 4 quarters price to earnings ratioNet Profit : Trailing 4 quarters net profit PBV : Price to book ratio based on most recent quarter book value

    Colombo Bourse s Billion Rupee Club

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    Exerciseprice

    Share Price(2015/02/06)

    Expiry DateWarrant Price

    (2015/02/06)

    Price According toBlack Scholes model

    (Intrinsic value)

    Undervalued/(Overvalued)

    CLPL-W-0014 142.00 91.00 25-Aug-15 2.60 0.00 (2.60) REEF-W-0019 40.00 15.00 15-Jun-15 0.90 0.00 (0.90) JKH-W-0022 185.00 209.00 28-Sep-15 41.70 33.37 (8.33) JKH-W-0023 195.00 209.00 27-Sep-16 53.00 41.74 (11.26)

    The below table depicts a comparison of the warrants trading price with its intrinsic value (derived through the BlackScholes Call option valuation method). The 6th column to the right depicts the difference between the intrinsic value andthe traded price. Hence, the positive figures would explain the potential for the respective warrant to further appreciate(price to be constant). However, it is noted that the intrinsic value is derived based on the current value of the underlyingstock price, its volatility, period to maturity and the risk free rate. Hence, any adverse movement of the mentionedassumptions would have an adverse impact on the warrant value, and any favourable movement would positively impactthe warrant value (E.g.: if in case the asset price appreciates from the existing, it would invariably increase the value of thewarrant.Thus, the negative value would denote that the warrant is overvalued at the current price (assuming the underlyingstock.)

    Analysis of Warrants Listed on the CSE

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    Date as at 16.01.15 23.01.15 30.01.15 06.02.15 WoW %change

    Brent Crude Oil(USD/barrel)

    48.7 49.4 49.1 57.7 17.5

    METALSGold (USD/ounce) 1,258.5 1,294.6 1,264.9 1,267.2 0.2

    Copper LME (USD/ton) 5,715.0 5,665.0 5,395.0 5,720.0 6.0

    AGRIDate as at 14.01.15 21.01.15 28.01.15 05.02.15 WoW %

    change

    Tea LKR/Kg 441.09 443.84 441.53 424.29 -3.9

    Date as at 13.01.15 22.01.15 29.01.15 05.02.15 WoW %change

    Rubber (RSS 1) LKR /Kg 263.50 318.00 315.25 323.00 2.5

    Exchange Rates (LKR) 16.01.15 23.01.15 30.01.15 06.02.15 WoW %change

    USD 131.87 131.54 131.94 131.75 -0.1

    EURO 153.40 149.29 149.55 150.83 0.9GBP 200.49 197.07 198.88 201.92 1.5JPY 1.13 1.11 1.12 1.12 0.0CNY 21.24 21.13 21.11 21.10 0.0

    OilCrude oil rebounded from its almost 6 year low and rallied during the week as data released during the beginning of theweek prompted investors to speculate that the global supply glut could ease. Data released during the week showed thatthere has been a considerable drop in the number of oil drilling rigs in the U.S. and several energy firms have curtailedtheir oil drilling budgets. However, price gains were slightly capped during mid-week as the data released by U.S. EnergyInformation Administration showed that crude oil stockpiles rose by the highest amount since 1982 during the previousweek. However, prices rebounded again towards the latter part of the week as the conflict in Libya and stimulus measuresin China triggered buying interest. On the back of these developments, Brent for delivery in March gained as much as17.5% over the week.

    Source: Bloomberg, CBSL, Asia Siyaka, Citi Bank

    Commodity Prices

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    GoldGold gained during the week as investors sought safe haven assets during the week. Uncertainty surrounding Greece roseduring the week after ECB stated that it would cease to accept Greece bonds as a collateral for liquidity operations, which

    prompted investors to seek gold as a safe haven. Further, China cut its reserve requirement for banks in order to revive the

    slowing down economy. A cut in reserve requirement would increase the money supply and trigger inflation, whilst a risein crude oil prices also exerts upward pressure on inflation. As such investors bought gold as a hedge against inflation. Onthe back of these developments gold gained during the week.

    CopperCopper recovered from its slump witnessed during the past few weeks and rose sharply during the week mainly driven byrise in crude oil prices. Increase in crude oil prices increases the energy cost required for copper production. Further, thecut in reserve requirement for banks in China renewed investor optimism as investors speculated that the stimulusmeasures would revive the growth momentum of the economy and in turn stimulate demand for copper. As a result copperfor delivery in 3 months gained 6% over the week.

    Forex MarketsSeveral emerging market currencies gained against the USD during the week driven by the surge in crude oil prices duringthe week and due to the monetary easing in China. The Malaysian Ringgit which fell sharply during the past few weeksagainst the USD rebounded during the week as investors speculated that the rally in crude oil during the week wouldrevive the country s exports and improve the current account balance. Mirroring the performance of Malaysian Ringgit,the Russian Ruble also gained against several currencies supported by the increase in oil prices and on speculation thatthere could be peace talks between Russia and Ukraine.

    Source: Bloomberg, Reuters, Economic Times

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    21314151617181

    L K R

    TKYO

    Tokyo Cement Manufacturing N LKR 68.70 X LKR 49.00

    TKYO, being the joint market leader in the cement industry, has itsgrinding facility located in Trincomalee, ideally located for therebuilding boom. TKYO, a direct beneficiary of construction sectorupturn, is in a strong position to take advantage of increasing demandin current excess capacity. The expansion in capacity, internalization ofenergy requirement and current low interest rates are likely to assist thecompany to maintain its growth momentum.

    Focus on Investment Ke Bu s

    Sampath Bank Banking& Finance N LKR 250.00

    The bank s bottom line in 2013 was largely affected by loan losses on pawning (due to the sharp drop in gold price) and due to 2012 earnings benefiting from foreign exchange revaluation gains. Despite the bottomline being impacted by the above, the bank managed to outperform theindustry in terms of loan book growth, whilst managing to maintain its

    NIM. We expect the bank s performance to improve in 2014E, with the bank reducing its exposure to pawning whilst expanding its operations intothe high growth SME sector. The encouragement given to the SME sector

    by the GOSL, the downward trend in market lending rates and theimprovement witnessed in the overall economic activity is likely to drivethe performance of the bank during the short to medium term.

    16212631364146515661

    L K R

    TKYOX

    150

    170

    190

    210

    230

    250

    270

    L K R

    SAMP

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    Hatton National Bank Banking & FinanceN-LKR 202.00 X- LKR 162.10

    Despite the overall slowdown witnessed in loan growth during 2013,

    HNB managed to witness a loan growth well ahead of the industryaverage and cotnued to maintain an above industry average NIM.Further, the bank witnessed itst the asset base crossing the LKR500bnmark during 2013. We expect the bank to continue its loan growthmomentum and to maintain its relatively high NIM driven by its focuson the SME sector, the current downward trend in interest rates and thereceovery withnessed in the overall economic activity in the country.

    .

    Focus on Investment Contd...

    CIC plans to invest and strengthen the Agriculture and livestock

    segment which is currently the top revenue contributor. Company plansto expand its B2B operations by identifying new partnersto get into theirsupply chain, introduce hybrid seeds to get better yields, etc. Thegovernment s plan on boosting the local dairy production (scaling downdairy imports) in order to cater to 50.0% of the local demand wouldcertainly benefit the company s Dairy and Livestock segment. Consumer and Pharmaceuticals which includes Link natural productsled by Samahan and Sudantha which generates the second highestturnover is likely to benefit from strengthening the distribution channeletc. Divesting and liquidating underperforming entities will reduceoverhead cost and losses which currently erodes the margins whilstscaling down certain retail businesses (such as Fresheez and Juiceez) byclosing down certain outlets, will also assist the company to achieve

    positive/improved ROE s going forward.

    CIC Holdings Chemical & Pharmaceuticals N LKR 84.80 X LKR 67.00

    130140150160

    170180190200210220

    L K R

    HNB

    110

    120

    130

    140

    150

    160

    170

    L K R

    HNBX

    40

    50

    6070

    80

    90 L K R

    CIC

    20

    30

    40

    50

    60

    70

    L K R

    CICX

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    As at 6 th February 2015

    Dividend Announcements

    Rights Issues

    COMPANY PROPORTION XRDATE

    LAST DATEOF

    ACCEPTANCE& PAYMENT

    TRADING OFRIGHTS

    COMMENCESON

    Softlogic Finance 10 for 28 Issue Price: Rs30.00/- To be notified

    Company Dividend per share Final/ Interim XD DateDate of

    paymentCT Land Development 1.25 Interim 27-01-2015 09-02-2015

    Senkadagala Finance 0.85 Interim 10-02-2015 20-02-2015

    John Keells Holdings 1.00 Second Interim 11-02-2015 23-02-2015

    Textured Jersey Lanka 0.50 First Interim 11-02-2015 23-02-2015

    Vallibel Power Erathna 0.50 Interim 18-02-2015 27-02-2015

    Overseas Realty 1.00 First & Final 07-05-2015 15-05-2015

    AIA Insurance 7.07 Interim To be nortified

    Stock Exchange Announcements

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    * Companies with their financial year ending in December would carry forecastedf igure for FY14 .

    Company YE SH(mn)

    M.CAP(Bn)

    Price Earnings(LKR Mn) EPS PE

    DPS DY ROE BVPS PBVFY11 FY12 FY13 FY14E FY15E FY11 FY12 FY13 FY14E FY15E FY11 FY12 FY13 FY14E FY15EFINANCIAL SERVICESHNB Dec 321.74 65.0 202.00 6,818.9 7,941.8 7,650.5 7,757.5 11,676.9 16.9 19.7 19.0 19.3 29.0 11.9 10.2 10.6 10.5 7.0 8.50 4.2% 13% 143.0 1.4HNB(NV) Dec 80.86 13.1 162.10 6,148.8 7,941.8 7,650.5 7,757.5 11,676.9 16.9 19.7 19.0 19.3 29.0 9.6 8.2 8.5 8.4 5.6 8.50 5.2% 13% 143.0 1.1Commercial Bank Dec 810.36 136.2 168.10 7,932.1 10,079.8 10,563.4 11,016.9 13,886.6 9.2 11.6 12.2 12.7 16.0 18.4 14.4 13.8 13.2 10.5 6.50 3.9% 17% 71.0 2.4Commercial Bank(NV) Dec 55.58 7.4 132.90 7,932.1 10,079.8 10,563.4 11,016.9 13,886.6 9.2 11.6 12.2 12.7 16.0 14.5 11.4 10.9 10.4 8.3 6.50 4.9% 17% 71.0 1.9Sampath Bank Dec 167.91 42.0 250.00 3,683.3 5,342.6 3,635.0 5,186.8 6,271.3 21.9 31.8 21.6 30.9 37.3 11.4 7.9 11.5 8.1 6.7 8.00 3.2% 11% 188.6 1.3NDB Bank Dec 165.09 38.1 231.00 2,705.5 8,853.8 2,641.9 4,022.5 5,152.3 16.4 53.6 16.0 24.4 31.2 14.1 4.3 14.4 9.5 7.4 10.00 4.3% 11% 148.5 1.6Nations Trust Bank Dec 230.61 24.1 104.30 1,607.2 1,935.1 2,136.4 2,467.4 3,004.4 7.0 8.4 9.3 10.7 13.0 15.0 12.4 11.3 9.7 8.0 2.10 2.0% 18% 50.9 2.0

    MANUFACTURINGTokyo (V) Mar 222.75 15.3 68.80 855.7 973.2 827.9 2,305.5 2,384.2 2.6 2.9 2.5 6.9 7.1 26.9 23.6 27.8 10.0 9.6 1.50 2.2% 25% 27.5 2.5Tokyo (NV) Mar 111.38 5.5 49.00 855.7 973.2 827.9 2,305.5 2,384.2 2.6 2.9 2.5 6.9 7.1 19.1 16.8 19.8 7.1 6.9 1.50 3.1% 25% 27.5 1.8Piramal Glass Mar 950.09 6.1 6.40 578.7 686.4 721.6 835.9 612.1 0.6 0.7 0.9 0.9 0.6 10.5 8.9 6.8 7.3 9.9 0.38 5.9% 24% 3.7 1.7

    POWER & ENERGYLANKA IOC Mar 532.53 30.4 57.00 877.0 907.3 2,908.8 4,813.4 7,570.1 1.6 1.7 5.5 9.0 14.2 34.6 33.5 10.4 6.3 4.0 2.00 3.5% 28% 32.0 1.8

    Valuation Guide

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    Company Code YearEnd

    Price(LKR)

    Price Performance SharesMn

    TrailingROE

    BVPS Net Profits4 Qtrs

    trailing

    Net Profits (mn) TrailingEPS

    TrailingPE

    PBV Market Cap(mn)1W(%) 1M(%) 1Q(%) 1Y(%) Sep'14 Jun'14 Mar'14 Dec'13

    MARKET (0.24) (3.47) (2.16) 15.98 11.17% 199,864.82 52,788.06 42,008.33 53,573.71 51,516.81 15.18 1.70 3,034,927.10

    FINANCIAL SERVICES 0.07 (2.93) 0.60 31.10 11.82% 65,422.51 19,561.58 14,523.27 13,726.70 17,640.44 11.85 1.40Banking 37,834.13 11,225.11 9,663.13 8,270.27 8,675.63COMMERCIAL BANK [V] COMBN MainB D 168.10 - (6.61) (0.88) 39.62 810.36 16.03% 80.43 11,167.42 3,330.63 2,216.41 2,301.07 3,319.31 12.90 13.0 2.1 136,222.04COMMERCIAL BANK [NV] COMBX MainB D 132.90 1.46 1.46 11.78 37.11 55.58 16.03% 80.43 11,167.42 3,330.63 2,216.41 2,301.07 3,319.31 12.90 10.3 1.7 7,386.57DFCC BANK DFCCN MainB M 209.00 (0.94) (4.81) (8.18) 40.19 265.10 8.81% 171.25 3,998.53 912.29 1,122.73 1,172.06 791.45 15.08 13.9 1.2 55,405.42HNB [V] HNB N MainB D 202.00 (1.32) 1.97 3.06 27.44 321.74 12.70% 157.51 8,055.32 2,519.50 2,550.18 1,097.10 1,888.55 20.01 10.1 1.3 64,990.77HNB [NV] HNB X MainB D 162.10 2.08 1.31 9.75 28.65 80.86 12.70% 157.51 8,055.32 2,519.50 2,550.18 1,097.10 1,888.55 20.01 8.1 1.0 13,107.59NATIONS TRUST BANK NTB N MainB D 104.30 1.26 (0.48) 11.55 55.67 230.61 19.09% 57.42 2,527.29 830.08 607.60 549.67 539.95 10.96 9.5 1.8 24,052.34NDB NDB N MainB D 231.00 (1.98) (7.88) (4.83) 25.78 165.09 13.19% 170.93 3,721.60 1,242.34 843.05 1,190.89 445.33 22.54 10.2 1.4 38,136.70PAN ASIA BANK PABCN MainB D 24.40 (1.64) (9.77) - 41.18 295.04 4.37% 15.61 201.05 101.19 89.95 85.94 (76.03) 0.68 35.8 1.6 7,199.00SAMPATH BANK SAMPN MainB D 250.00 2.63 3.43 5.26 46.97 167.91 14.70% 202.47 4,998.84 1,112.35 1,542.95 1,275.37 1,068.17 29.77 8.4 1.2 41,977.56SEYLAN BANK [V] SEYBN MainB D 96.00 0.53 0.32 3.70 48.83 175.98 12.39% 71.53 3,057.27 1,049.50 684.21 526.40 797.15 8.86 10.8 1.3 16,893.83

    SEYLAN BANK [NV] SEYBX MainB D 61.50 2.16 2.33 14.13 80.06 168.98 12.39% 71.53 3,057.27 1,049.50 684.21 526.40 797.15 8.86 6.9 0.9 10,392.46HDFC HDFCN MainB D 68.00 (1.45) (2.58) - 88.89 64.71 12.97% 44.10 370.10 110.34 82.66 102.45 74.64 5.72 11.9 1.5 4,400.32UNION BANK UBC N MainB D 26.60 2.71 - 11.34 37.31 1091.41 0.05% 14.89 7.36 50.74 9.01 18.65 (71.04) 0.01 3943.4 1.8 29,031.41AMANA BANK LIMITED ABLN MainB D 5.10 - (3.77) (5.56) (15.00) 1250.70 na 3.98 (270.64) (33.84) (85.62) (49.33) (101.85) na na 1.3 6,378.55Finance Co.s & / Merchant Banks 13.63% 18,591.46 6,508.34 3,761.62 4,163.76 4,157.75ASIA CAPITAL ACAPN MainB M 11.10 1.82 (5.88) (8.94) (34.12) 131.33 na 4.69 (354.62) (21.24) (126.89) (86.44) (120.04) na na 2.4 1,457.76ALLIANCE FINANCE ALLIN MainB M 870.00 2.35 4.79 0.58 6.10 2.43 13.02% 1054.71 333.61 48.47 33.32 164.68 87.14 137.29 6.3 0.8 2,114.10ARPICO FINANCE ARPIN MainB M 165.00 - 9.93 1.85 50.41 7.44 11.92% 99.53 88.21 28.49 (3.63) 51.20 12.14 11.86 13.9 1.7 1,227.19CENTRAL FINANCE CFINN MainB M 248.00 1.22 (2.02) 1.22 30.53 104.88 15.37% 215.53 3,475.10 949.16 844.05 840.56 841.34 33.13 7.5 1.2 26,011.07NATION LANKA CSF N MainB M 4.40 (2.22) (12.00) (18.52) (53.68) 251.16 na 0.34 (314.03) (146.98) (55.42) (107.66) (3.98) na na 12.8 1,105.12LOLC LOLCN MainB M 86.00 (2.27) (7.12) (2.16) 14.80 475.20 13.43% 54.16 3,456.22 1,585.91 926.46 239.03 704.82 7.27 11.8 1.6 40,867.20LB FINANCE LFINN MainB M 160.00 (3.73) (6.98) (4.76) 58.42 69.26 26.57% 99.32 1,827.49 554.52 449.06 543.11 280.79 26.39 6.1 1.6 11,081.14MERCHANT BANK MBSLN MainB D 18.50 (1.07) (1.07) 1.09 23.33 135.00 1.12% 20.96 31.78 62.69 6.60 (27.40) (10.11) 0.24 78.6 0.9 2,497.50PEOPLE'S MERCHANT PMB N MainB M 22.70 (5.42) (15.30) (20.35) 44.59 67.50 na 14.48 (59.43) (39.25) (30.28) 18.76 (8.66) na na 1.6 1,532.25SMB LEASING PLC [V] SEMBN MainB D 1.30 - (7.14) (18.75) - 1191.77 8.74% 0.56 89.11 22.98 14.73 15.62 35.78 0.05 26.3 2.3 1,549.30SMB LEASING PLC [NV] SEMBX MainB D 0.40 - (20.00) (20.00) (20.00) 614.07 8.74% 0.56 89.11 22.98 14.73 15.62 35.78 0.05 8.1 0.7 245.63THE FINANCE TFC N MainB M 19.50 1.05 (11.52) (5.88) 48.84 57.97 na -59.06 (1,800.62) (454.43) (627.37) (447.33) (271.50) na na na 1,130.34THE FINANCE[NV] TFC X MainB M 7.40 2.74 (10.71) (9.64) 10.29 100.00 na -59.06 (1,800.62) (454.43) (627.37) (447.33) (271.50) na na na 740.00SOFTLOGIC FINANCE CRL N DiriSaviB M 42.00 4.74 (6.67) (12.32) 23.89 37.45 12.88% 38.98 188.09 86.70 5.22 56.22 39.95 5.02 8.4 1.1 1,573.07VALLIBEL FINANCE VFINN MainB M 47.00 0.21 (1.88) 1.95 47.34 41.55 24.21% 31.35 315.39 81.21 66.09 100.12 67.97 7.59 6.2 1.5 1,952.88SINHAPUTRA SFL N DiriSaviB M 190.00 1.60 (2.56) (15.56) 34.47 6.30 9.26% 160.84 93.79 25.82 16.40 32.10 19.48 14.90 12.8 1.2 1,196.22SINGER FINANCE SFINN MainB M 18.50 2.76 (7.00) 2.20 36.76 165.33 14.66% 12.94 313.80 89.13 73.61 70.11 80.95 1.90 9.7 1.4 3,058.67

    BIMPUTH LANKA INVESTMENTS BLI N DiriSaviB M 44.00 (8.48) 9.35 1.45 35.81 53.87 12.56% 14.85 100.41 43.79 11.39 16.72 28.50 1.86 23.6 3.0 2,370.13TRADE FINANCE TFILN DiriSaviB M 27.00 - - (29.32) 42.11 56.80 20.77% 14.60 172.24 35.53 53.48 39.40 43.84 3.03 8.9 1.8 1,533.61

  • 8/9/2019 Weekly 6.pdf

    12/21

    Weekly Review by Asia Securities Research 06 February 2015

    12

    A member of Asia Capital Group

    Company Year Price Performance Shares Trailing BVPS Net Profit Trailing Trailing PBV Mkt Cap MnEnd 1W(%) 1M(%) 1Q(%) 1Y(%) Mn ROE 4Qtrs Sep'14 Jun'14 Mar'14 Dec'13 EPS PE

    CITIZENS DEVELOP. BUS.FINANCE CDB N MainB M 90.10 (0.11) (1.63) (5.24) 88.94 46.30 16.85% 67.89 621.09 173.32 157.53 132.38 157.86 11.44 7.9 1.3 4,171.56CITIZENS DEVELOP.BUS.FINANCE [NV] CDB X MainB M 79.80 (0.38) 3.18 0.52 99.49 8.01 16.85% 67.89 621.09 173.32 157.53 132.38 157.86 11.44 7.0 1.2 638.88SENKADAGALA FINANCE SFCLN DiriSaviB M 60.00 - - - 22.20 65.23 23.22% 34.91 528.70 122.43 100.01 190.51 115.75 8.11 7.4 1.7 3,913.65SWARNAMAHAL FINANCE SFS N DiriSaviB M 2.00 (4.76) (9.09) (13.04) (20.00) 500.00 na na (971.44) (134.37) (351.84) (308.97) (176.25) na na na 1,000.00CHILAW FINANCE LIMITED CFL N DiriSaviB M 26.50 - - (2.21) 32.50 33.90 9.21% 15.43 48.17 2.37 6.59 25.55 13.65 1.42 18.7 1.7 898.39COMMERCIAL CREDIT LIMITED COCRN DiriSaviB M 45.80 (1.50) (2.75) (0.22) 181.60 318.07 39.40% 13.14 1,646.05 493.30 490.81 431.40 230.54 5.18 8.9 3.5 14,567.81MERCANTILE INVESTMENTS MERCN DiriSaviB M 2200.00 - - - - 3.01 8.16% 2476.73 607.64 173.98 88.68 135.07 209.92 202.14 10.9 0.9 6,613.20MULTI FINANCE MFL N DiriSaviB M 27.90 0.36 (6.95) (19.48) 57.87 22.46 7.35% 14.66 24.19 3.13 8.58 18.67 (6.19) 1.08 25.9 1.9 626.69LANKA ORIX FINANCE LOFCN DiriSaviB M 4.00 (2.44) (6.98) (2.44) 11.11 2800.00 16.31% 2.63 1,198.98 499.09 231.06 238.57 230.27 0.43 9.3 1.5 11,200.00ABANS FINANCIAL SERVICES AFSLN DiriSaviB M 27.90 4.49 2.95 (7.31) (12.54) 37.00 10.62% 13.35 52.45 35.62 4.40 (0.20) 12.64 1.42 19.7 2.1 1,032.30CENTRAL INV & FINPLC CIFLN MainB M 1.30 (7.14) (23.53) (27.78) 18.18 83.43 na na na na na na 108.45ASSOCIATED MOTOR FINANCE PLC AMF N DiriSaviB M 401.80 (6.56) (5.46) (2.24) 19.94 5.61 26.22% 149.86 220.40 23.61 34.11 138.53 24.14 39.30 10.2 2.7 2,253.44CAPITAL ALLIANCE FINANCE LIMITED CALFN DiriSaviB M 15.60 4.03 (1.90) (11.93) (12.43) 38.77 0.75% 8.26 2.40 1.18 (1.82) 1.11 1.93 0.06 252.2 1.9 604.75

    BRAC LANKA FINANCE NIFLN DiriSaviB M 9.30 - - (29.55) 16.25 105.75 2.12% 5.55 12.42 (3.44) 1.88 7.96 6.02 0.12 79.2 1.7 983.50SOFTLOGIC CAPITAL LIMITED SCAPN DiriSaviB M 6.70 1.52 (10.67) (12.99) 26.42 688.16 13.78% 5.16 489.16 155.91 6.51 111.29 215.44 0.71 9.4 1.3 4,610.67ENTRUST ESL N DiriSaviB M 54.60 (0.72) (8.65) 4.77 182.99 33.00 46.50% 42.20 647.50 297.94 81.97 101.97 165.62 19.62 2.8 1.3 1,801.80PEOPLE S LEASING PLC N MainB M 25.00 1.63 (1.96) 12.11 60.26 1579.86 19.13% 12.81 3,872.00 1,091.00 783.00 1,160.00 838.00 2.45 10.2 2.0 39,496.56ASIA ASSET FINANCE LIMITED AAF N DiriSaviB M 1.70 - (10.00) 5.88 (5.26) 839.21 11.52% 0.95 91.72 44.80 13.29 20.87 12.76 0.11 15.6 1.8 1,426.65ORIENT FINANCIAL SERVICE ORINN DiriSaviB M 13.00 (11.76) (11.11) (17.81) (15.49) 115.63 7.47% 7.59 65.57 7.23 18.60 23.46 16.28 0.57 22.9 1.7 1,503.13SANASA DEVELOPMENT BANK SDB N DiriSaviB D 99.90 1.11 2.87 4.48 26.16 37.76 8.50% 94.27 302.62 104.32 153.47 56.96 (12.12) 8.01 12.5 1.1 3,772.52COMMERCIAL LEASING & FINANCE CLC N DiriSaviB M 4.40 2.33 (6.38) (4.35) 2.33 6377.71 12.31% 1.51 1,186.55 495.50 275.02 130.75 285.28 0.19 23.7 2.9 28,061.93GEORGE STEUART FINANCE GSF N DiriSaviB M 23.60 (3.25) (11.52) (16.78) (93.65) 22.50 na 13.42 (11.25) (31.07) 2.93 29.09 (12.20) na na 1.76 531.00

    Insurance 6,816.08 800.45 631.13 980.86 4,433.13AMANA TAKAFUL INS. ATL N DiriSaviB D 1.40 - (17.65) (22.22) - 1500.00 10.44% 0.78 122.54 7.23 49.36 33.20 32.76 0.08 17.1 1.8 2,100.00ASIAN ALLIANCE AAICN DiriSaviB D 131.40 (2.67) (9.13) (10.61) 34.08 37.50 39.33% 68.68 1,012.92 192.87 88.84 250.30 480.91 27.01 4.9 1.9 4,927.50CEYLINCO INSURANCE [V] CINSN MainB D 1601.00 5.11 14.38 20.68 18.53 20.00 13.32% 692.16 2,435.79 174.51 89.25 285.70 1886.34 92.21 17.4 2.3 32,020.00CEYLINCO INSURANCE [NV] CINSX MainB D 525.00 (0.08) (6.08) (0.02) 23.53 6.41 13.32% 692.16 2,435.79 174.51 89.25 285.70 1886.34 92.21 5.7 0.8 3,367.60AIA INSURANCE LANKA CTCEN MainB D 280.10 (9.65) (7.25) (1.72) 1.67 30.00 11.90% 157.78 563.38 52.75 67.52 78.42 364.70 18.78 14.9 1.8 8,403.00HNB ASSURANCE HASUN MainB D 89.00 0.91 3.62 (2.42) 34.55 50.00 17.55% 44.71 392.39 50.23 54.15 53.87 234.15 7.85 11.3 2.0 4,450.00UNION ASSURANCE UAL N MainB D 168.00 5.00 - 4.87 49.73 85.71 21.45% 61.88 1,137.49 90.94 90.78 123.62 832.15 13.27 12.7 2.7 14,400.00JANASHAKTHI JINSN DiriSaviB D 23.40 0.43 (4.86) 5.38 69.06 363.00 24.94% 13.04 1,181.05 231.93 191.24 155.75 602.13 3.25 7.2 1.8 8,494.20ARPICO INSURANCE AINSN DiriSaviB D 14.70 3.57 - - - 66.23 na 7.88 (29.48) na na 1.9 973.59Venture Capital Co.s 2,180.83 1,027.69 467.39 311.82 373.94NDB CAPITAL CDICN MainB D 79.80 (0.38) 3.18 0.52 99.49 8.01 15.35% 789.96 971.02 291.58 206.57 247.70 225.16 121.29 0.7 0.1 638.88

    FIRST CAPITAL CFVFN MainB M 46.90 1.74 (4.48) (10.50) 139.29 101.25 40.04% 25.97 1,053.14 612.82 209.42 72.22 158.69 10.40 4.5 1.8 4,748.63LANKA VENTURES LVENN MainB M 46.00 (2.13) 6.73 1.77 10.84 50.00 10.97% 28.57 156.68 123.29 51.40 (8.10) (9.91) 3.13 14.7 1.6 2,300.00

  • 8/9/2019 Weekly 6.pdf

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    Weekly Review by Asia Securities Research 06 February 2015

    13

    A member of Asia Capital Group

    Company Year Price Performance Shares Trailing BVPS Net Profit Trailing Trailing PBV Mkt Cap MnEnd 1W(%) 1M(%) 1Q(%) 1Y(%) Mn ROE 4Qtrs Sep'14 Jun'14 Mar'14 Dec'13 EPS PE

    BEVERAGE FOOD AND TOBACCO (1.36) 0.23 (0.74) 0.64 20.14% 27,285.27 8,728.73 6,646.75 5,694.75 6,215.04 20.01 4.03BAIRAHA FARMS BFL N MainB M 120.00 (2.28) (5.51) (8.95) (5.88) 16.00 5.88% 115.59 83.95 8.14 42.70 53.63 (20.53) 5.25 22.9 1.0 1,920.00CARGILLS CARGN MainB M 149.10 - (1.26) (5.51) 0.07 224.00 1.54% 52.64 181.65 (53.18) (145.33) 227.96 152.20 0.81 183.9 2.8 33,398.40CEYLON BEVERAGE HOLDINGS BREWN MainB M 735.80 (5.06) (8.11) 2.19 47.16 20.99 22.56% 180.37 854.06 251.50 231.15 185.99 185.43 40.69 18.1 4.1 15,443.04CEYLON COLD STORES CCS N MainB M 277.50 6.32 4.72 7.77 73.44 95.04 15.02% 105.94 1,511.79 308.32 299.31 644.81 259.36 15.91 17.4 2.6 26,373.60CEYLON TEA SERVICES CTEAN MainB M 725.00 2.11 0.69 2.82 7.41 20.00 9.65% 436.08 841.80 329.88 217.58 192.03 102.31 42.09 17.2 1.7 14,500.00CEYLON TOBACCO CTC N MainB D 1020.00 (4.85) (4.49) (10.29) (20.08) 187.32 188.78% 25.88 9,152.00 2,094.00 2,511.00 2,026.00 2,521.00 48.86 20.9 39.4 191,070.23RENUKA SHAW WALLACE (N) COCON MainB M 28.00 2.55 3.30 29.36 62.07 89.77 11.24% 28.44 302.24 85.20 32.84 120.80 63.41 3.20 8.8 1.0 2,513.61RENUKA SHAW WALLACE [NV] COCOX MainB M 24.80 (2.75) - 24.00 82.35 4.77 11.24% 28.44 302.24 85.20 32.84 120.80 63.41 3.20 7.8 0.9 118.38CONVENIENCE FOOD SOY N MainB M 280.00 2.15 3.17 (2.64) 24.40 2.75 19.03% 175.16 91.64 22.40 19.63 27.97 21.65 33.32 8.4 1.6 770.00DISTILLERIES DISTN MainB M 232.00 1.75 9.07 10.48 9.90 300.00 13.06% 201.35 7,886.36 3,704.85 1,846.42 588.54 1,746.55 26.29 8.8 1.2 69,600.00HARISCHANDRA MILLS HARIN MainB M 2151.00 - (4.16) (0.42) 1.22 0.96 12.30% 1084.17 128.00 34.76 33.20 24.25 35.79 133.36 16.1 2.0 2,064.53KEELLS FOOD PRODUCTS KFP N MainB M 88.00 (2.11) 2.92 (2.22) 27.54 25.50 2.41% 62.41 38.28 53.19 37.82 59.17 (111.90) 1.50 58.6 1.4 2,244.00

    KOTMALE HOLDINGS LAMBN MainB M 60.10 - (4.60) (10.96) 13.18 31.40 10.48% 29.41 96.80 23.78 19.68 33.07 20.27 3.08 19.5 2.0 1,887.14LION BREWERY LIONN MainB M 638.00 5.16 (2.54) 2.24 67.45 80.00 23.45% 94.98 1,781.70 497.92 487.88 394.06 401.84 22.27 28.6 6.7 51,040.00LANKA MILK FOODS LMF N MainB M 129.00 - 6.61 5.74 19.44 40.00 na 258.44 (33.33) 45.48 (20.54) (117.67) 59.41 na na 0.5 5,159.74NESTLE LANKA NESTN MainB D 2250.00 (2.05) 5.38 7.91 3.21 53.73 92.95% 77.50 3,869.94 1,093.33 975.77 1,102.99 697.85 72.03 31.2 29.0 120,882.29THREE ACRE FARMS TAFLN MainB D 52.30 (0.95) (2.62) (1.89) 40.92 23.55 16.56% 43.99 171.51 65.69 (15.85) 67.43 54.25 7.28 7.2 1.2 1,231.40RENUKA AGRI RAL N DiriSaviB M 5.20 - 2.00 24.39 30.77 561.75 11.19% 3.55 223.16 146.36 54.80 38.31 (16.31) 0.40 13.1 1.5 2,921.10TEA SMALLHOLDERS TSMLN MainB M 43.70 - (5.49) (14.00) 10.54 30.00 9.53% 28.44 81.31 3.50 19.39 20.55 37.87 2.71 16.1 1.5 1,311.00RAIGAM WAYAMBA SALTERNS LTD RWSLN DiriSaviB M 3.00 - (6.25) (3.23) 30.43 282.21 4.83% 2.91 39.61 11.12 7.90 6.24 14.34 0.14 21.4 1.0 846.62HVA FOODS HVA N DiriSaviB M 10.00 (0.99) (6.54) (10.71) (2.91) 66.43 na 7.60 (17.20) 2.50 (8.57) (1.37) (9.76) na na 1.3 664.29LUCKY LANKA MILK LLMPN DiriSaviB M 5.20 1.96 6.12 1.96 - 176.03 na na na 915.35LUCKY LANKA MILK LLMPX DiriSaviB M 2.90 3.57 - - - 24.00 na na na 69.60

    CHEMICALS & PHARMACEUTICALS 0.21 (1.03) (2.63) 15.42 1.66% 267.52 243.51 28.74 (456.92) 452.18 78.67 1.30CHEMANEX CHMXN MainB M 83.00 (2.24) 0.61 (1.19) - 15.75 17.54% 101.50 280.43 (4.72) 2.26 (35.88) 318.77 17.81 4.7 0.8 1,307.25CHEMICAL INDUSTRIES [V] CIC N MainB M 84.80 0.36 (0.47) 0.71 66.27 72.90 na 34.53 (529.87) 184.26 155.86 (603.70) (266.29) na na 2.5 6,181.92CHEMICAL INDUSTRIES [NV] CIC X MainB M 67.00 (1.47) 0.75 2.76 71.79 21.87 na 34.53 (529.87) 184.26 155.86 (603.70) (266.29) na na 1.9 1,465.29HAYCARB HAYCN MainB M 175.00 (0.40) 1.16 (3.85) (7.31) 29.71 12.05% 173.49 621.03 130.43 130.67 236.16 123.77 20.90 8.4 1.0 5,199.67INDUSTRIAL ASPHALTS ASPHN MainB M 319.00 0.03 1.79 10.73 51.90 0.67 4.34% 130.96 3.79 2.01 0.35 0.83 0.60 5.68 56.2 2.4 212.63J.L. MORISON [V] MORIN MainB M 315.00 (1.56) (2.17) (9.77) 21.15 5.81 10.58% 291.56 233.02 89.33 13.11 67.18 63.39 30.86 10.2 1.1 1,829.61J.L. MORISON [NV] MORIX MainB M 220.00 (16.67) (8.33) (16.54) 20.28 1.74 10.58% 291.56 233.02 89.33 13.11 67.18 63.39 30.86 7.1 0.8 383.35LANKEM CEYLON LCEYN MainB M 114.00 1.79 (4.20) (2.56) (2.73) 24.00 na 129.94 (218.70) (206.26) (208.13) 0.46 195.23 na na 0.9 2,736.00STANDARD CAPITAL SINGN MainB M 86.90 14.04 5.08 0.70 39.94 5.54 17.44% 63.90 61.76 28.84 (2.66) (7.73) 43.31 11.15 7.8 1.4 481.50

    MULLERS MULLN MainB M 1.50 - (6.25) (6.25) 15.38 283.00 8.26% 0.63 14.84 12.49 4.56 5.75 (7.96) 0.05 28.6 2.4 424.50UNION CHEMICALS UCARN MainB D 462.00 - (7.38) (3.21) (1.22) 1.50 15.16% 226.23 51.45 11.49 7.50 16.56 15.90 34.30 13.5 2.0 693.00PC PHARMA PCP N DiriSaviB 1.30 (7.14) (13.33) (23.53) 8.33 101.00 na na (250.21) (4.36) (74.77) (136.55) (34.53) na na na 131.30

    CONSTRUCTIONS 4.74 (14.43) (8.18) 19.23 12.54% 222.29 4,055.16 926.12 762.30 1,155.93 1,210.81 11.76 1.48COLOMBO DOCKYARD DOCKN MainB D 186.00 3.33 (3.68) (3.88) (2.11) 71.86 3.67% 150.65 397.28 36.30 (51.55) 130.92 281.62 5.53 33.6 1.2 13,365.76LANKEM DEVELOPMENTS LDEVN MainB M 7.00 - (9.09) (11.39) 34.62 60.00 2.94% 9.26 16.32 (97.75) (12.27) 131.91 (5.57) 0.27 25.7 0.8 420.00MTD WALKERS KAPIN MainB M 57.80 2.88 (8.64) (2.23) 76.78 114.36 15.11% 46.79 808.58 350.01 281.57 117.28 59.73 7.07 8.2 1.2 6,609.84ACCESS ENGINEERING LIMITED AEL N MainB M 27.30 6.20 (20.58) (14.38) 18.10 1000.00 18.17% 15.59 2,832.97 637.57 544.56 775.82 875.03 2.83 9.6 1.8 27,300.00

  • 8/9/2019 Weekly 6.pdf

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    Weekly Review by Asia Securities Research 06 February 2015

    14

    A member of Asia Capital Group

    Company Year Price Performance Shares Trailing BVPS Net Profit Trailing Trailing PBV Mkt Cap MnEnd 1W(%) 1M(%) 1Q(%) 1Y(%) Mn ROE 4Qtrs Sep'14 Jun'14 Mar'14 Dec'13 EPS PE

    DIVERSIFIED (2.68) 0.42 - - 9.43% 34,714.15 6,774.87 5,793.48 13,897.97 8,239.86 15.56 1.47AITKEN SPENCE SPENN MainB M 106.90 2.42 1.92 0.95 4.43 406.00 11.56% 80.36 3,770.97 578.84 746.86 1,365.27 1,079.99 9.29 11.5 1.3 43,400.98CARSON CUMBERBATCH CARSN MainB M 420.50 (0.02) (4.45) (5.89) 21.15 196.39 12.18% 239.07 5,719.99 387.11 1,347.18 2,954.92 1,030.78 29.13 14.4 1.8 82,580.70C T HOLDINGS CTHRN MainB M 140.10 (0.36) (1.96) (7.83) 0.07 183.10 5.87% 90.40 971.19 136.93 (164.47) 857.77 140.97 5.30 26.4 1.5 25,651.93COLOMBO FORT LAND CFLBN MainB M 28.00 (1.75) (6.67) (9.68) (2.78) 180.00 4.86% 41.94 367.09 (55.02) (133.53) 407.14 148.51 2.04 13.7 0.7 5,040.00FINLAYS COLOMBO JFINN MainB D 324.90 (0.03) (9.47) (7.17) 8.70 35.00 4.99% 163.75 285.83 54.42 60.78 81.85 88.77 8.17 39.8 2.0 11,371.50HAYLEYS HAYLN MainB M 325.00 (3.30) (4.41) (5.52) 9.43 75.00 7.71% 325.13 1,879.89 591.54 366.82 582.91 338.62 25.07 13.0 1.0 24,375.00HEMAS HOLDINGS HHL N MainB M 83.00 0.25 4.87 12.67 103.99 515.29 15.66% 28.64 2,311.98 640.17 246.74 936.41 488.67 4.49 18.5 2.9 42,769.12JOHN KEELLS HOLDINGS JKH N MainB M 208.80 (2.20) (14.69) (17.42) (9.99) 997.41 10.15% 127.08 12,867.24 2,647.77 2,146.26 4,678.49 3,394.72 12.90 16.2 1.6 208,258.62DUNAMIS CAPITAL CSECN MainB M 33.00 0.30 (5.43) (5.16) 136.43 123.00 39.27% 16.32 788.13 560.88 103.82 49.37 74.07 6.41 5.2 2.0 4,058.90RICHARD PIERIS RICHN MainB M 8.50 - (3.41) (6.59) 28.79 2035.04 17.33% 4.68 1,649.07 416.62 296.39 460.88 475.18 0.81 10.5 1.8 17,297.83SUNSHINE HOLDINGS SUN N MainB M 58.00 (3.33) 5.07 20.83 81.25 133.83 12.72% 37.58 639.59 144.59 138.16 169.84 187.01 4.78 12.1 1.5 7,761.94SOFTLOGIC HOLDINGS SHL N MainB M 14.00 (0.72) (18.82) (16.36) 22.12 779.00 4.97% 9.26 358.48 102.69 40.69 52.57 162.52 0.46 30.4 1.5 10,906.00

    EXPOLANKA HOLDINGS EXPON MainB M 9.20 - 3.37 (5.15) (2.13) 1954.92 10.56% 5.17 1,067.76 134.04 173.08 81.15 679.50 0.55 16.8 1.8 17,985.22F L C HOLDINGS FLCHN DiriSaviB M 2.00 - (5.00) (13.64) (13.64) 1368.00 0.05% 4.61 3.36 (62.57) 23.41 12.97 29.56 0.00 813.3 0.4 2,736.00VALLIBEL ONE LIMITED VONEN DiriSaviB M 22.10 (1.34) (10.89) (2.21) 30.00 1086.56 6.96% 30.73 2,325.55 697.94 493.45 735.99 398.17 2.14 10.3 0.7 24,012.96BROWNS INVESTMENTS PLC BIL N DiriSaviB M 1.80 - (10.00) (5.26) (25.00) 3720.00 0.69% 3.52 89.82 (105.55) (63.08) 231.67 26.78 0.02 74.6 0.5 6,696.00PCH HOLDINGS LIMITED PCHHN DiriSaviB M 2.30 4.55 (8.00) (8.00) 109.09 252.00 na 0.85 (683.31) (257.20) (69.10) 166.59 (523.60) na na 2.7 579.60TAPROBANE HOLDINGS TAP N DiriSaviB M 4.60 2.22 (4.17) (4.17) 58.62 1002.72 6.60% 4.95 327.42 183.86 51.73 72.19 19.65 0.33 14.1 0.9 4,612.53ADAM INVESTMENTS LIMITED AINVN DiriSaviB D 3.50 - (12.50) (14.63) - 449.28 na 2.37 (25.89) (22.16) (11.70) na na 1.5 1,572.47

    FOOTWEAR AND TEXTILES (0.94) (7.97) (9.09) 7.20 1.13% 120.78 130.95 59.46 (87.95) 18.31 na 1.22CEYLON LEATHER CLPLN MainB M 91.90 (0.11) 4.67 (7.36) 39.24 34.23 3.29% 101.92 114.88 65.69 50.69 3.92 (5.41) 3.36 27.4 0.9 3,146.11HAYLEYS - MGT MGT N MainB M 18.60 1.66 - - 60.00 207.74 na 9.47 (74.56) 31.74 4.71 (88.69) (22.32) na na 2.0 3,863.98ODEL ODELN DiriSaviB M 22.20 - (3.48) (12.25) 4.72 272.13 1.54% 19.20 80.46 33.53 4.07 (3.18) 46.04 0.30 75.1 1.2 6,041.27

    HOTELS AND TRAVELS 0.45 (0.59) (7.75) 28.44 6.58% 8,484.26 1,198.73 389.49 4,428.90 2,467.14 19.50 1.28City Hotels 3,014.07 726.42 409.68 941.62 936.35ASIAN HOTEL & PROPERTIES AHPLN MainB M 69.10 4.86 - (3.36) 10.93 442.78 9.51% 49.23 2,072.71 437.88 337.04 695.00 602.79 4.68 14.8 1.4 30,595.77GALADARI GHLLN MainB D 14.50 5.07 (5.23) (7.05) 25.00 500.83 2.84% 17.28 245.47 54.50 9.68 90.20 91.08 0.49 29.6 0.8 7,262.03KINGSBURY SERVN MainB M 16.50 - (9.34) (8.33) 27.91 242.00 12.44% 7.36 221.65 89.43 21.00 42.20 69.02 0.92 18.0 2.2 3,993.00RENUKA CITY HOTEL RENUN MainB M 340.00 (2.86) (2.86) - 23.19 7.00 6.17% 604.64 261.06 87.90 61.45 47.18 64.54 37.29 9.1 0.6 2,380.00TAJ LANKA TAJ N MainB M 33.00 1.54 (3.51) (4.90) 6.11 139.64 na 11.62 (417.14) (81.18) (84.70) (132.76) -118.50 na na 2.8 4,608.04TRANS ASIA TRANN MainB M 95.00 0.11 0.53 (0.42) 18.75 200.00 10.68% 29.52 630.33 137.90 65.21 199.81 227.42 3.15 30.1 3.2 19,000.00

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    Weekly Review by Asia Securities Research 06 February 2015

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    A member of Asia Capital Group

    Company Year Price Performance Shares Trailing BVPS Net Profit Trailing Trailing PBV Mkt Cap MnEnd 1W(%) 1M(%) 1Q(%) 1Y(%) Mn ROE 4Qtrs Sep'14 Jun'14 Mar'14 Dec'13 EPS PE

    Resort Hotels 5,470.19 472.31 (20.19) 3,487.28 1,530.79AIT. SPENCE HOTEL HOLD. AHUNN MainB M 77.80 (1.13) (1.38) (6.74) 11.60 336.29 14.81% 45.45 2,263.97 211.78 284.73 1,222.05 545.40 6.73 11.6 1.7 26,163.36AMAYA LEISURE CONNN MainB M 76.20 (2.81) (9.29) (6.85) 8.70 48.03 11.92% 57.04 326.44 86.50 (2.23) 135.00 107.17 6.80 11.2 1.3 3,660.21BROWNS BEACH HOTELS BBH N MainB M 28.00 (2.11) 2.95 0.36 48.40 129.60 0.92% 27.59 32.77 (3.53) 6.19 11.53 18.57 0.25 110.7 1.0 3,628.80CEYLON HOTELS CORP. CHOTN MainB M 21.60 (6.49) (11.84) (15.29) 41.18 171.83 1.56% 35.01 94.11 48.29 (39.95) 60.14 25.63 0.55 39.4 0.6 3,711.42PALM GARDEN HOTEL PALMN MainB M 56.60 2.52 (27.52) (33.06) (26.39) 10.82 na 153.78 (212.87) (84.99) (99.81) 25.57 -53.64 na na 0.4 612.23EDEN HOTELS EDENN MainB M 26.90 1.51 1.51 (7.24) (3.93) 52.80 na 44.94 (130.29) (95.40) (124.32) 58.38 31.04 na na 0.6 1,420.32HOTEL SIGIRIYA HSIGN MainB M 85.00 (5.56) (0.35) (7.61) 3.91 5.86 15.72% 46.71 43.02 11.75 (2.68) 20.05 13.91 7.34 11.6 1.8 498.02HUNAS FALLS HUNAN MainB M 65.30 0.62 (1.65) (1.06) 36.25 5.63 5.79% 59.71 19.45 6.82 1.14 8.60 2.89 3.46 18.9 1.1 367.31KANDY HOTELS KHC N MainB M 8.70 2.35 (3.33) (10.31) 14.47 577.50 2.65% 10.50 160.56 45.89 23.46 57.77 33.44 0.28 31.3 0.8 5,024.25JOHN KEELLS HOTELS KHL N MainB M 16.30 (2.99) (6.36) (7.95) 27.56 1456.15 10.39% 12.50 1,890.55 342.28 128.63 967.78 451.86 1.30 12.6 1.3 23,735.19LIGHT HOUSE HOTEL LHLN DiriSaviB M 56.30 (4.58) (6.94) 3.87 23.46 46.00 6.16% 51.35 145.62 17.77 5.83 83.03 39.00 3.17 17.8 1.1 2,589.80MIRAMAR MIRAN DefaultB M 47.30 (7.80) (27.01) (23.71) (3.07) 2.75 na na na na na na 130.08

    MAHAWELI REACH MRH N MainB M 22.50 (6.09) (6.09) (10.37) 27.81 47.07 5.62% 20.31 53.74 15.56 (12.85) 35.33 15.70 1.14 19.7 1.1 1,059.00NUWARA ELIYA NEH N MainB M 1544.00 (11.57) (6.40) (3.08) 21.10 2.00 10.52% 1424.43 300.30 87.11 41.07 103.45 68.68 149.86 10.3 1.1 3,093.98PEGASUS PEG N MainB M 41.60 0.24 (5.45) (2.12) 14.60 30.39 7.83% 46.87 111.49 27.49 19.41 39.19 25.40 3.67 11.3 0.9 1,264.29CITRUS LEISURE REEFN MainB M 15.00 - (11.76) (20.21) 1.35 96.48 na 28.46 (66.63) (68.10) (26.28) 30.87 -3.12 na na 0.5 1,447.16ROYAL PALMS RPBHN MainB M 41.00 (0.24) 16.15 - 34.43 50.00 3.74% 33.51 62.67 (19.46) (17.49) 55.08 44.54 1.25 32.7 1.2 2,050.00SIGIRIYA VILLAGE SIGVN MainB M 68.00 8.11 4.62 (0.87) 14.67 9.00 3.77% 75.04 25.43 10.74 (3.14) 6.20 11.64 2.83 24.1 0.9 612.00DOLPHIN HOTELS STAFN MainB M 59.00 - (1.67) 3.33 34.09 31.62 16.63% 37.54 197.40 32.76 15.59 108.27 40.78 6.24 9.5 1.6 1,865.67TANGERINE TANGN MainB M 77.50 5.16 1.84 (8.39) (2.88) 20.00 4.63% 127.13 117.63 (4.64) (17.34) 98.77 40.85 5.88 13.2 0.6 1,550.00SERENDIB HOTELS [V] SHOTN MainB M 32.10 (8.29) (9.07) (10.83) 14.64 75.51 12.92% 17.84 256.91 13.63 (0.70) 172.03 71.96 2.30 13.9 1.8 2,424.02SERENDIB HOTELS [NV] SHOTX MainB M 22.60 - (7.00) (9.60) 22.16 36.01 12.92% 17.84 256.91 13.63 (0.70) 172.03 71.96 2.30 9.8 1.3 813.85MARAWILA RESORTS MARAN DiriSaviB M 6.00 1.69 (3.23) (9.09) 11.11 122.50 2.12% 6.92 18.02 (27.72) (29.21) 63.97 10.98 0.15 40.8 0.9 735.00FORTRESS RESORTS RHTLN DiriSaviB M 17.00 - (6.08) (8.60) 23.19 110.89 14.63% 11.31 183.40 23.33 15.85 87.17 57.05 1.65 10.3 1.5 1,885.07KALPITIYA BEACH RESORT CITKN DiriSaviB M 4.20 2.44 (17.65) (23.64) (28.81) 161.20 na 8.44 ( 122.31) (28.49) (29.37) (33.24) -31.22 na na 0.5 677.04WASKADUWA BEACH RESORT CITWN DiriSaviB M 6.60 (1.49) (4.35) (14.29) (14.29) 155.60 na 9.65 (101.04) (92.47) (3.73) (1.80) -3.04 na na 0.7 1,026.96BERUWALA RESORTS BERUN DiriSaviB M 1.90 5.56 (5.00) (13.64) - 600.00 na 0.86 (22.62) (20.56) (25.10) 28.63 -5.60 na na 2.2 1,140.00HIKKADUWA BEACH RESORT CITHN DiriSaviB M 18.50 - (2.63) (6.09) (15.53) 57.57 8.36% 16.29 78.36 2.37 (5.79) 57.42 24.36 1.36 13.6 1.1 1,065.12ANILANA HOTELS AND PROPERTIESLIMITED

    ALHPN DiriSaviB M 6.80 - (15.00) 15.25 (6.85) 493.31 na 5.93 (269.60) (60.99) (115.82) (34.60) (58.19) na na 1.1 3,354.50

    RAMBODA FALLS PLC RFLN DiriSaviB M 27.70 2.59 (2.12) (9.48) 99.28 20.00 6.65% 13.20 17.57 3.70 1.29 8.54 4.04 0.88 31.5 2.1BANSEI ROYAL RESORTS HIKKADUWALIMITED

    BRRN DiriSaviB M 10.80 (7.41) (5.66) (12.28) - 53.73 na 5.71 (3.89) (9.12) (7.56) 12.09 0.70 na na 1.9 580.26

    INVESTMENT TRUST (0.18) (4.42) (7.58) 8.39 10.21% 5,761.25 1,380.64 1,201.61 1,180.39 1,998.60 5.89 0.60ASCOT HOLDINGS ASCON MainB M 51.00 (3.27) (49.55) (44.05) (60.27) 7.99 1.56% 70.13 8.72 2.79 (3.58) (3.36) 12.87 1.09 46.7 0.7 407.26CEYLON GUARDIAN GUARN MainB M 190.00 1.52 (3.21) (3.45) 8.67 82.10 10.28% 290.25 2,449.15 559.15 536.65 900.51 452.83 29.83 6.4 0.7 15,598.38CEYLON INVESTMENT CINVN MainB M 96.60 2.69 (1.78) (1.78) 24.13 98.51 12.33% 142.71 1,733.97 457.31 350.59 560.16 365.90 17.60 5.5 0.7 9,516.54COLOMBO FORT INV. CFIN MainB M 110.00 (6.22) (5.01) (2.57) 17.40 6.50 2.77% 223.33 40.28 64.83 (4.56) 1.58 -21.58 6.20 17.8 0.5 715.00COLOMBO INV. TRUST CIT N MainB M 162.00 - 5.61 13.29 54.29 6.50 2.12% 249.16 34.30 79.81 31.95 (43.32) -34.14 5.28 30.7 0.7 1,053.00LEE HEDGES SHAWN MainB M 459.80 (8.16) (13.48) (6.94) 51.37 5.12 36.86% 653.34 1,233.22 34.51 57.26 87.58 1053.87 240.84 1.9 0.7 2,354.43RENUKA HOLDINGS [V] RHL N MainB M 32.30 1.88 (1.21) (6.59) 4.49 89.03 9.93% 29.44 297.78 107.18 49.96 76.81 63.83 2.92 11.1 1.1 2,875.82RENUKA HOLDINGS [NV] RHL X MainB M 25.80 0.39 2.38 (13.71) 14.16 12.86 9.93% 29.44 297.78 107.18 49.96 76.81 63.83 2.92 8.8 0.9 331.71GUARDIAN CAPITAL WAPON DiriSaviB M 42.80 (0.47) (6.96) (6.96) 50.18 25.83 20.17% 26.81 139.66 7.18 127.44 5.02 0.01 5.41 7.9 1.6 1,105.69ENVIRONMENTAL RESOURCES GREGN MainB M 15.70 2.61 (1.26) (3.09) 12.95 349.37 na 22.47 (175.82) 67.89 55.89 (404.60) 105.01 na na 0.7 5,485.06

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    Weekly Review by Asia Securities Research 06 February 2015

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    A member of Asia Capital Group

    Company Year Price Performance Shares Trailing BVPS Net Profit Trailing Trailing PBV Mkt Cap MnEnd 1W(%) 1M(%) 1Q(%) 1Y(%) Mn ROE 4Qtrs Sep'14 Jun'14 Mar'14 Dec'13 EPS PE

    LAND AND PROPERTY (0.59) (5.44) (9.25) (17.24) 9.07% 4,512.41 1,069.69 969.41 1,334.05 1,139.25 11.57 1.05

    C T LAND CTLDN MainB M 40.70 1.75 (0.73) 5.71 29.62 48.75 5.06% 57.76 142.45 37.96 50.53 9.42 44.54 2.92 13.9 0.7 1,984.13CARGO BOAT CABON MainB M 130.50 (1.36) (1.58) (6.79) 13.97 10.20 6.05% 215.57 133.06 30.83 62.89 15.25 24.10 13.05 10.0 0.6 1,331.10CITY HOUSING CHOUN MainB M 15.00 2.04 (3.23) (11.76) 37.61 13.38 na 9.28 (16.92) (17.49) (14.64) 12.40 2.80 na na 1.6 200.70CEYLINCO SEYLAN CSD N MainB M 13.90 - (5.41) (6.67) 45.83 147.96 0.62% 28.76 26.39 21.23 19.42 29.62 (43.88) 0.18 77.9 0.5 2,056.71COLOMBO LAND CLNDN MainB D 33.80 3.38 (11.11) (13.85) (13.62) 199.88 na 13.62 (51.97) (14.30) (10.88) (10.11) (16.69) na na 2.5 6,755.98COMMERCIAL DEVELOP. COMDN MainB D 99.00 (9.17) (10.73) (5.71) 35.99 12.00 11.50% 112.81 155.74 23.37 30.76 21.72 79.88 12.98 7.6 0.9 1,188.00EAST WEST EASTN MainB M 13.40 (0.74) (0.74) 2.29 15.52 138.24 na 11.97 (8.95) 32.28 1.71 (51.41) 8.47 na na 1.1 1,852.42EQUITY ONE EQITN MainB M 45.00 (10.00) (7.60) (8.54) 45.16 40.32 11.09% 47.21 211.20 23.98 23.35 141.29 22.57 5.24 8.6 1.0 1,814.48EQUITY TWO ETWON MainB M 81.50 (1.09) 20.38 10.14 156.29 31.00 14.40% 22.62 100.99 13.42 13.72 57.37 16.49 3.26 25.0 3.6 2,526.50HUEJAY HUEJN MainB M 57.50 (15.94) (13.40) (22.19) (25.13) 1.80 na na na na na na 103.50KELSEY DEVELOPMENTS KDL N MainB M 47.90 (0.21) 6.68 12.71 158.92 17.43 0.81% 44.11 6.26 18.34 3.57 (13.27) (2.37) 0.36 133.3 1.1 834.86ON'ALLY HOLDINGS ONALN MainB M 67.30 6.49 4.34 4.99 41.98 17.50 23.23% 74.00 300.87 22.51 21.79 237.33 19.24 17.19 3.9 0.9 1,177.80

    OVERSEAS REALTY OSEAN MainB D 27.00 0.37 - 0.75 30.43 843.48 12.07% 29.76 3,029.18 780.30 677.84 716.50 854.54 3.59 7.5 0.9 22,774.08PROPERTY DEVELOPMENT PDL N MainB D 93.00 - (5.10) (2.21) 45.77 66.00 11.77% 54.40 422.51 97.57 94.45 96.24 134.26 6.40 14.5 1.7 6,138.00SERENDIB LAND SLNDN MainB M 1000.00 (0.99) (0.99) (9.09) (6.59) 0.36 4.55% 646.64 10.59 2.03 2.84 2.92 2.80 29.42 34.0 1.5 360.00YORK ARCADE YORKN MainB M 16.50 (2.37) (6.25) (5.71) 18.71 12.00 3.74% 13.46 6.04 (0.68) 1.25 1.83 3.64 0.50 32.8 1.2 198.00SERANDIB ENGINEERING GROUP IDL N DiriSaviB M 19.90 6.99 (80.10) (80.83) (83.65) 32.38 na 6.99 (5.73) (4.72) 2.83 5.19 (9.03) na na 2.8 644.43TOUCHWOOD TWODN DiriSaviB M 2.60 - - - (23.53) 106.91 na na na na na na 277.95MILLENNIUM HOUSING MHDLN DiriSaviB M 6.80 - 13.33 21.43 - 134.68 8.2% 4.56 50.69 3.05 (12.02) 61.77 (2.11) 0.38 18.07 na 915.83

    CLOSED END FUND - - - - 40.46% 567.15 241.48 25.09 166.17 134.42 1.8 0.7 1,014.91NAMAL ACUITY VALUE FUND NAVFU MainB M 94.40 (2.68) 0.43 1.51 33.71 10.75 40.46% 130.37 567.15 241.48 25.09 166.17 134.42 52.75 1.8 0.7 1014.91

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    Weekly Review by Asia Securities Research 06 February 2015

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    A member of Asia Capital Group

    Company Year Price Performance Shares Trailing BVPS Net Profit Trailing Trailing PBV Mkt Cap MnEnd 1W(%) 1M(%) 1Q(%) 1Y(%) Mn ROE 4Qtrs Sep'14 Jun'14 Mar'14 Dec'13 EPS PE

    MANUFACTURING 0.09 (1.91) (1.80) 25.66 15.58% 13,872.72 4,270.92 2,723.07 3,673.04 3,206.26 12.06 1.88ABANS ABANN MainB M 120.00 (2.83) 0.84 1.44 11.84 5.11 13.23% 130.74 88.40 31.36 12.75 17.48 26.80 17.30 6.9 0.9 613.27ACL CABLES ACL N MainB M 80.00 (0.25) (0.38) 8.74 15.36 59.89 7.30% 104.48 456.85 171.17 30.62 111.81 143.25 7.63 10.5 0.8 4,791.49ACL PLASTICS APLAN MainB M 125.00 - (6.72) (3.10) 48.81 4.21 12.40% 169.84 88.74 19.06 17.26 29.75 22.67 21.07 5.9 0.7 526.56ACME ACMEN MainB M 11.00 1.90 (3.60) (17.05) 10.31 41.16 na 8.66 (67.96) (12.50) (25.92) (11.84) (17.70) na na 1.3 452.78ALUFAB ALUFN DefaltB M 28.00 (0.36) (9.97) (5.08) 80.65 12.06 na 24.91 (24.64) (3.67) (2.36) (14.68) (3.94) na na 1.1 337.63BLUE DIAMONDS [V] BLUEN MainB M 1.30 (18.75) (23.53) (35.00) (62.86) 206.60 na 0.59 (42.35) (16.91) (12.02) (5.32) (8.10) na na 2.2 268.58BLUE DIAMONDS [NV] BLUEX MainB M 0.80 - - - (33.33) 194.63 na 0.59 (42.35) (16.91) (12.02) (5.32) (8.10) na na 1.4 155.71BOGALA GRAPHITE BOGAN MainB D 32.30 0.94 (1.82) 7.67 56.04 47.32 34.07% 5.77 93.04 35.42 10.52 30.13 16.98 1.97 16.4 5.6 1,528.32CENTRAL INDUSTRIES CINDN MainB M 82.50 0.49 (7.30) 8.55 42.24 9.88 10.24% 104.99 106.24 39.64 13.32 28.38 24.90 10.75 7.7 0.8 815.45GRAIN ELEVATORS GRANN MainB D 39.00 (3.00) (5.37) (9.98) 4.86 60.00 na 45.91 (33.07) (40.59) 30.85 (7.86) (15.46) na na 0.8 2,340.00CHEVRON LUBRICANTS LLUBN MainB D 410.00 2.19 3.04 18.81 43.32 120.00 46.71% 49.57 2,778.97 749.91 675.30 763.64 590.12 23.16 17.7 8.3 49,200.00DANKOTUWA DPL N MainB D 14.50 (2.68) (5.84) (8.81) 7.41 72.25 na 14.05 (35.96) (20.75) 4.61 (34.82) 14.99 na na 1.0 1,047.56

    DIPPED PRODUCTS DIPDN MainB M 145.00 3.65 - 2.47 62.92 59.86 10.92% 128.19 837.65 295.39 230.66 216.17 95.43 13.99 10.4 1.1 8,679.92HAYLEYS FIBRE HEXPN MainB M 41.90 (3.94) (7.80) (11.91) 37.54 8.00 3.46% 57.65 15.96 4.56 2.63 5.63 3.14 1.99 21.0 0.7 335.20KELANI CABLES KCABN MainB M 90.00 (2.28) 0.33 (0.11) 9.76 21.80 7.49% 110.21 179.91 70.75 25.35 41.39 42.42 8.25 10.9 0.8 1,962.00KELANI TYRES TYREN MainB M 79.00 (0.13) (2.11) 11.42 42.86 80.40 26.89% 31.23 675.03 211.20 141.19 178.17 144.47 8.40 9.4 2.5 6,351.60LANKA ALUMINIUM LALUN MainB M 54.00 (1.64) (4.59) 2.86 79.40 13.70 10.61% 45.53 66.18 41.63 11.05 5.85 7.65 4.83 11.2 1.2 739.95LANKA CEMENT LCEMN MainB D 7.00 (1.43) (1.43) (31.00) (4.17) 173.51 na na (3.98) (1.55) (1.11) (0.74) na na na 1,214.58LANKA CERAMIC CERAN MainB M 119.60 - (4.32) (3.47) 15.44 30.00 10.73% 124.32 400.23 170.46 85.39 17.06 127.32 13.34 9.0 1.0 3,588.00LANKA FLOORTILES TILEN MainB M 108.00 0.93 (1.54) 0.46 32.48 53.05 19.44% 71.25 734.82 217.48 120.67 199.77 196.89 13.85 7.8 1.5 5,729.44LANKA WALLTILES LWL N MainB M 98.00 0.21 (1.74) 5.60 40.03 54.60 14.85% 110.05 892.10 266.42 132.22 290.41 203.05 16.34 6.0 0.9 5,350.80LAXAPANA LITEN MainB M 5.10 (3.77) (8.93) (15.00) 30.77 39.00 6.69% 3.97 10.36 4.35 3.99 1.30 0.71 0.27 19.2 1.3 198.90SWISSTEK (CEYLON) PLC PARQN MainB M 37.30 3.35 (6.57) 15.99 64.44 27.37 22.72% 27.66 172.05 55.01 20.96 74.33 21.75 6.29 5.9 1.3 1,020.98PIRAMAL GLASS GLASN MainB M 6.40 3.23 25.49 33.33 42.22 950.09 18.73% 3.54 629.22 83.95 86.16 62.12 396.99 0.66 9.7 1.8 6,080.55PRINT CARE CAREN MainB M 40.00 - (0.50) - 16.28 85.97 14.05% 29.45 355.76 96.10 62.38 106.79 90.48 4.14 9.7 1.4 3,438.67REGNIS REG N MainB D 81.40 3.35 (0.12) (0.25) 15.25 11.27 12.94% 80.71 117.64 37.39 24.09 33.77 22.39 10.44 7.8 1.0 917.20RICH PIERIS EXPORTS REXPN MainB M 158.80 1.93 (0.75) (0.69) 178.60 11.16 55.43% 41.07 254.17 101.48 71.75 40.98 39.97 22.77 7.0 3.9 1,772.80ROYAL CERAMICS RCL N MainB M 113.50 (1.07) (4.16) (0.99) 27.01 110.79 15.50% 98.41 1,689.70 435.65 161.06 759.66 333.33 15.25 7.4 1.2 12,574.60SAMSON INTERNATIONAL SIL N MainB M 114.50 6.22 10.41 (1.38) 22.07 4.23 14.16% 112.83 67.61 11.71 24.00 10.13 21.77 15.97 7.2 1.0 484.65SINGER INDUSTRIES SININ MainB D 205.00 (6.80) (5.47) (17.85) 66.15 3.85 na 233.75 (9.51) (12.63) (3.32) 5.23 1.21 na na 0.9 788.49SWADESHI SWADN MainB M 14250.00 (25.00) (25.00) (25.00) (25.00) 0.13 na 1009.16 (10.03) (2.03) 1.43 (5.38) (4.05) na na 14.1 1,861.99TOKYO CEMENT [V] TKYON MainB M 68.80 1.78 0.29 10.81 105.69 222.75 23.23% 28.92 2,244.99 627.78 523.66 581.35 512.20 6.72 10.2 2.4 15,325.20TOKYO CEMENT [NV] TKYOX MainB M 49.00 0.82 (0.81) 8.89 76.90 111.38 23.23% 28.92 2,244.99 627.78 523.66 581.35 512.20 6.72 7.3 1.7 5,457.38SIERRA CABLES SIRAN MainB M 4.60 4.55 9.52 109.09 142.11 537.51 na 2.78 (200.07) 94.64 11.22 (313.23) 7.29 na na 1.7 2,472.56

    TEXTURED JERSEY TJL N MainB M 23.90 4.37 9.13 17.73 46.63 660.75 17.34% 9.59 1,098.79 281.79 164.06 351.56 301.39 1.66 14.4 2.5 15,791.98AGSTAR FERTILIZERS LIMITED AGSTN DiriSaviB M 6.80 4.62 15.25 44.68 41.67 307.53 5.28% 6.71 115.09 118.94 42.10 (106.56) 60.61 0.35 19.2 1.0 2,091.18AGSTAR FERTILIZERS LIMITED AGSTX DiriSaviB M 15.00 - - - - 17.47 5.28% 6.71 115.09 118.94 42.10 (106.56) 60.61 0.35 42.4 2.2 262.11ORIENT GARMENTS OGL N DiriSaviB M 14.00 (2.10) (9.09) (12.50) 64.71 54.92 na 8.80 (251.39) (29.35) (35.91) 115.07 (301.20) na na 1.6 768.83ALUMEX LIMITED ALUMN DiriSaviB M 16.00 0.63 (3.03) 3.23 - 299.30 24.33% 5.25 382.21 136.11 62.92 95.91 87.27 1.28 12.5 3.0 4,788.85

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    Weekly Review by Asia Securities Research 06 February 2015

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    A member of Asia Capital Group

    Company Year Price Performance Shares Trailing BVPS Net Profit Trailing Trailing PBV Mkt Cap MnEnd 1W(%) 1M(%) 1Q(%) 1Y(%) Mn ROE 4Qtrs Sep'14 Jun'14 Mar'14 Dec'13 EPS PE

    MOTORS 1.09 1.22 9.72 40.04 8.64% 2,157.56 548.71 410.90 632.66 565.29 11.91 1.03AUTODROME AUTON MainB M 879.90 (1.68) (2.12) (1.13) 6.87 1.20 4.03% 790.96 38.23 8.96 9.36 8.46 11.44 31.86 27.6 1.1 1,055.88C M HOLDINGS COLON MainB M 130.00 (0.77) (1.07) 3.20 55.42 15.20 9.73% 235.14 347.84 146.69 127.65 47.26 26.23 22.88 5.7 0.6 1,976.00DIMO DIMON MainB M 639.80 1.56 0.69 (5.91) 20.69 8.88 4.49% 981.89 391.53 37.16 30.24 213.43 110.70 44.11 14.5 0.7 5,679.14LANKA ASHOK ASHON MainB M 1450.00 - (1.59) (9.38) 3.55 3.62 6.61% 687.22 164.36 67.85 14.72 85.49 -3.70 45.39 31.9 2.1 5,250.22SATHOSA MOTORS SMOTN MainB M 254.40 3.84 3.84 2.17 8.26 6.03 27.46% 176.96 293.20 79.63 36.31 90.09 87.17 48.59 5.2 1.4 1,534.95UNITED MOTORS UML N MainB M 101.00 1.00 (2.51) (4.90) (21.09) 100.90 11.27% 81.14 922.41 208.42 192.62 187.93 333.44 9.14 11.0 1.2 10,190.96

    OIL PALMS 0.83 (1.14) (4.97) 16.41 10.33% 5,554.96 99.99 1,255.07 3,139.14 1,060.76 20.6 2.1BUKIT DARAH BUKIN MainB M 685.00 0.88 (1.26) 0.16 14.23 102.00 17.24% 289.49 5,091.19 (3.16) 1,126.91 3,021.97 945.47 49.91 13.7 2.4 69,870.00GOOD HOPE GOODN MainB M 1620.00 (0.41) (0.41) (9.87) 44.04 6.87 1.37% 869.35 82.13 20.74 27.18 19.47 14.74 11.95 135.5 1.9 11,131.52INDO MALAY INDON MainB M 1656.00 0.36 0.36 1.81 10.40 7.00 1.55% 832.13 90.32 21.05 20.42 25.10 23.74 12.91 128.3 2.0 11,589.35SELINSING SELIN MainB M 1525.20 - (1.60) 0.01 47.36 6.94 2.57% 969.16 172.81 38.65 49.50 42.96 41.71 24.90 61.3 1.6 10,585.01

    SHALIMAR SHALN MainB M 1654.00 0.24 (7.08) (7.60) 83.78 6.94 2.07% 823.26 118.51 22.71 31.06 29.64 35.11 17.08 96.9 2.0 11,478.89

    PLANTATIONS 3.35 (5.08) 4.82 37.05 7.85% 3,052.29 (124.74) 807.41 859.91 1,509.71 8.7 0.68AGALAWATTE AGALN MainB D 25.10 - (9.06) (8.73) 3.72 25.00 na 43.25 (50.41) (93.92) 6.10 (57.60) 95.0 na na 0.6 627.50BALANGODA BALAN MainB D 25.50 (3.95) (8.65) (14.13) (17.06) 23.64 0.33% 117.23 9.08 (66.21) 57.24 23.25 (5.2) 0.38 66.4 0.2 602.73BOGAWANTALAWA BOPLN MainB M 12.10 1.72 (2.48) (11.28) 20.41 83.75 14.07% 13.39 157.78 83.12 31.55 59.05 (15.9) 1.88 6.4 0.9 1,013.38HAPUGASTENNE HAPUN MainB D 35.40 (4.32) (1.67) (15.71) 7.60 46.32 8.70% 43.09 173.65 (34.64) 81.39 17.30 109.60 3.75 9.4 0.8 1,639.58HORANA PLANTATION HOPLN MainB M 23.80 1.67 (1.21) (6.15) 1.24 25.00 12.06% 54.71 164.92 (14.78) 23.40 48.31 108.00 6.60 3.6 0.4 595.00KAHAWATTE KAHAN MainB D 34.30 4.26 (0.29) (9.74) (13.82) 79.89 10.58% 13.89 117.46 (38.86) 28.54 28.27 99.51 1.47 23.3 2.5 2,740.22KEGALLE KGALN MainB M 90.00 (0.99) (8.06) (6.24) (9.99) 25.00 9.12% 141.71 323.01 65.88 42.44 104.16 110.53 12.92 7.0 0.6 2,250.00KELANI VALLEY KVALN MainB D 70.80 1.43 (4.19) (3.01) (9.81) 34.00 7.44% 78.30 198.18 (15.51) (19.51) 42.47 190.73 5.83 12.1 0.9 2,407.20KOTAGALA KOTAN MainB M 29.20 (3.95) (10.15) (15.85) (20.22) 40.00 na 69.27 (295.53) (119.44) (214.40) 37.01 1.31 na na 0.4 1,168.00MADULSIMA MADUN MainB D 15.40 6.94 (4.35) (8.88) 31.62 29.00 2.40% 54.55 38.03 (35.56) 60.48 (13.76) 26.87 1.31 11.7 0.3 446.60MALWATTE VALLEY MAL N MainB D 4.50 - (4.35) (10.20) - 202.79 2.36% 12.85 67.60 10.02 90.24 13.52 (46.18) 0.30 14.8 0.4 912.57MALWATTE VALLEY MALX MainB D 4.10 2.50 (2.38) (8.89) 2.50 20.25 2.36% 12.85 67.60 10.02 90.24 13.52 (46.18) 0.30 13.5 0.3 83.03MASKELIYA MASKN MainB M 12.10 4.31 (3.20) (15.38) 4.31 53.95 4.49% 25.15 60.86 (76.47) 24.06 77.88 35.39 1.13 10.7 0.5 652.84NAMUNUKULA NAMUN MainB M 86.00 (4.44) 1.06 (5.49) 4.88 23.75 13.12% 91.97 286.49 60.32 48.64 93.07 84.45 12.06 7.1 0.9 2,042.50TALAWAKELLE TPL N MainB D 33.90 (1.17) (1.74) (4.78) 16.90 23.75 10.81% 63.95 164.13 17.62 39.88 34.22 72.41 6.91 4.9 0.5 805.13UDAPUSSELLAWA UDPLN DiriSaviB D 36.90 (1.11) (10.75) (28.60) 35.23 19.40 15.29% 34.73 103.04 (79.26) 71.10 22.76 88.44 5.31 6.9 1.1 715.82WATAWALA PLANTATIONS WATAN MainB M 19.80 (0.50) 8.11 (4.31) 96.08 236.67 13.70% 18.43 597.61 31.22 230.92 123.37 212.10 2.53 7.8 1.1 4,686.00ELPITIYA ELPLN DiriSaviB M 22.30 (5.11) (6.69) (15.21) 26.70 72.87 14.62% 42.13 448.77 73.38 87.84 96.72 190.83 6.16 3.6 0.5 1,624.92MET.RES.HOL MPRHN DiriSaviB M 31.30 (1.26) 4.33 4.33 30.42 17.26 18.73% 46.67 150.91 55.20 37.14 42.47 16.11 8.74 3.6 0.7 540.39

    AITKEN SPENCE PLANTATIONMANAGEMENTS ASPMN DiriSaviB M 45.50 - - - - 21.30 16.62% 95.10 336.71 53.15 80.36 67.45 135.75 15.81 2.9 0.5 969.15

    HEALTH SERVICES (0.05) (1.58) (2.64) 7.54 12.18% 2,389.64 521.11 518.91 640.31 709.31 21.1 2.56ASIRI SURGICAL AMSLN MainB M 16.70 - (6.18) 1.21 39.17 528.46 14.33% 6.12 463.21 129.85 83.64 124.58 125.15 0.88 19.1 2.7 8,825.24ASIRI HOSPITAL ASIRN MainB M 21.50 0.47 (2.27) (10.04) 7.50 1099.09 20.41% 4.92 1,103.95 231.78 260.68 343.80 267.69 1.00 21.4 4.4 23,630.48CEYLON HOSPITALS [V] CHL N MainB M 112.00 0.90 (4.27) 7.28 4.09 25.53 8.46% 81.96 234.84 75.00 60.47 54.87 44.50 6.93 16.2 1.4 2,859.05CEYLON HOSPITALS [NV] CHL X MainB M 77.00 1.58 (6.10) (2.65) (6.78) 8.35 8.46% 81.96 234.84 75.00 60.47 54.87 44.50 6.93 11.1 0.9 642.60LANKA HOSPITALS LHCLN MainB M 44.00 (2.22) (8.33) (12.87) (1.35) 223.73 11.14% 19.29 480.91 57.66 67.48 144.06 211.71 2.15 20.5 2.3 9,844.22NAWALOKA NHL N MainB M 3.20 - (3.03) (5.88) - 1409.51 2.74% 2.76 106.73 26.83 46.65 (27.00) 60.24 0.08 42.3 1.2 4,510.42

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    Weekly Review by Asia Securities Research 06 February 2015

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    A member of Asia Capital Group

    Company Year Price Performance Shares Trailing BVPS Net Profit Trailing Trailing PBV Mkt Cap MnEnd 1W(%) 1M(%) 1Q(%) 1Y(%) Mn ROE 4Qtrs Sep'14 Jun'14 Mar'14 Dec'13 EPS PE

    SERVICES (0.08) (4.50) (3.12) 17.03 10.65% 461.44 91.31 92.57 85.95 191.61 17.19 1.83JOHN KEELLS LIMITED JKL N MainB M 92.00 2.34 0.99 - 26.20 60.80 7.29% 53.06 235.29 79.97 66.95 74.24 14.13 3.87 23.8 1.7 5,593.60LAKE HOUSE PRINTING LPRTN MainB M 125.00 5.04 1.63 0.08 15.74 2.94 8.06% 98.12 23.24 4.07 6.27 7.80 5.10 7.91 15.8 1.3 367.16MERC. SHIPPINGS MSL N MainB M 129.30 - (0.54) 3.44 12.43 2.84 na na 6.45 (38.17) (29.15) (47.23) 121.00 2.27 57.0 na 367.86CEYLON PRINTERS CPRTN MainB M 2399.00 - 19.95 (4.04) 33.29 0.04 12.87% 439.04 1.98 (1.04) 0.89 0.30 1.83 56.53 42.4 5.5 83.99KALAMAZOO KZOON MainB M 1199.00 (4.08) 5.81 18.42 19.59 0.05 0.18% 574.10 0.05 (1.15) (0.14) (0.49) 1.83 1.04 1156.8 2.1 59.95PARAGON PARAN MainB M 759.90 - 34.47 16.91 1.32 0.10 3.01% 68.33 0.21 0.41 0.05 (0.54) 0.29 2.06 369.0 11.1 76.01CEYLON TEA BROKERS CTBLN DiriSaviB M 4.60 - (6.12) (8.00) 4.55 114.00 36.57% 1.71 71.46 22.61 14.98 20.47 13.40 0.63 7.3 2.7 524.40ASIA SIYAKA COMMODITIES ASIYN DiriSaviB M 3.30 - (2.94) (2.94) 3.13 260.00 18.71% 2.52 122.76 24.60 32.73 31.40 34.03 0.47 7.0 1.3 858.00

    STORES AND SUPPLIES (0.64) (1.92) (8.80) 9.37 2.30% 210.43 88.82 (115.75) 62.17 175.18 30.12 0.69COLOMBO CITY HOLDINGS PHARN MainB M 684.00 (0.03) 3.88 1.18 36.66 1.27 9.58% 804.55 98.14 41.57 0.72 54.85 0.99 77.10 8.9 0.9 870.63E B CREASY EBCRN MainB M 1199.90 6.59 7.61 24.56 21.82 2.54 2.65% 1183.73 79.57 17.56 (86.17) 1.42 146.76 31.38 38.2 1.0 3,042.30

    GESTETNER GESTN MainB M 150.00 (0.86) - (5.06) 12.53 2.28 36.91% 64.86 54.54 19.81 5.17 11.78 17.79 23.94 6.3 2.3 341.72HUNTERS HUNTN MainB M 405.00 - (1.94) 1.25 55.77 5.15 na 966.99 (21.83) 9.88 (35.47) (5.88) 9.64 na na 0.4 2,083.73

    TRADING (1.45) (8.52) (2.25) 31.74 12.62% 3,066.18 1,031.17 254.42 1,587.15 193.45 8.66 1.09BROWNS BRWNN MainB M 105.00 - (3.67) (4.55) 15.77 70.88 15.38% 214.45 2,337.23 816.90 125.85 1,330.65 63.82 32.98 3.2 0.5 7,441.88C W MACKIE CWMN MainB D 59.90 (1.64) 1.70 (1.64) (0.17) 35.99 11.50% 48.14 199.19 45.80 29.91 73.09 50.39 5.53 10.8 1.2 2,155.71CEYLON FOREIGN TRADES CFT N MainB M 7.00 - (6.67) (14.63) 14.75 140.20 9.39% 6.09 80.18 2.18 11.62 59.98 6.40 0.57 12.2 1.1 981.37EASTERN MERCHANTS EMERN DefaultB M 6.70 3.08 (1.47) (8.22) (14.10) 117.45 na 8.34 (80.46) (32.78) (21.84) (11.26) (14.58) na na 0.8 786.89RADIANT GEMS RGEMN MainB M 53.00 - (5.02) (8.62) 6.00 2.40 18.90% 5.67 2.57 (5.52) (2.48) 8.66 1.91 1.07 49.5 9.4 127.20SINGER SRI LANKA SINSN MainB D 115.00 1.50 (3.77) 6.38 24.06 125.21 10.90% 40.86 557.58 217.84 116.85 129.88 93.02 4.45 25.8 2.8 14,399.11OFFICE EQUIPMENT OFEQN MainB M 2380.00 - - 3.48 3.48 0.08 na 565.87 4.03 1.04 1.49 4.64 (3.13) 48.33 49.2 4.2 198.39TESS AGRO TESSN DiriSaviB M 1.60 - (11.11) - 14.29 280.00 na 1.30 (34.12) (14.28) (6.97) (8.50) (4.37) na na 1.2 448.00

    POWER & ENERGY 0.56 (1.66) (1.56) 23.39 17.28% 6,019.66 2,234.66 1,655.10 206.18 1,923.71 10.03 1.73HEMAS POWER HPWRN MainB M 18.10 (0.55) (1.09) 2.84 0.56 125.20 na 19.57 (515.48) 6.66 (68.89) (534.44) 81.19 na na 0.9 2,266.12LANKA IOC LIOCN MainB M 57.00 2.16 (9.12) 4.03 46.39 532.53 23.22% 34.89 4,314.87 1,134.20 1,202.25 722.80 1,255.63 8.10 7.0 1.6 30,354.20VIDULLANKA VLL N MainB M 6.50 3.28 8.62 10.53 75.00 477.27 14.54% 2.73 189.15 141.03 40.25 (33.21) 41.08 0.40 16.4 2.4 3,102.25VALLIBEL POWER VPELN MainB M 8.20 7.89 7.89 20.59 41.38 747.11 25.22% 3.50 658.71 370.25 149.60 4.37 134.48 0.88 9.3 2.3 6,126.30LAUGFS GAS LGL N DiriSaviB M 41.00 4.36 (5.13) (0.73) 23.33 335.00 17.07% 18.80 1,242.04 494.38 328.51 39.82 379.33 3.21 12.8 2.2 13,735.00LAUGFS GAS [NV] LGL X DiriSaviB M 35.00 2.94 (10.26) (1.96) 42.86 52.00 17.07% 18.80 1,242.04 494.38 328.51 39.82 379.33 3.21 10.9 1.9 1,820.00HYDRO POWER HPFLN MainB M 6.00 13.21 (6.25) (6.25) 17.65 109.09 na 7.03 (7.34) 30.03 (11.20) (17.87) (8.30) na na 0.9 654.53PANASIAN POWER PAP N MainB M 3.30 3.13 3.13 22.22 37.50 500.00 11.65% 2.23 129.55 51.67 20.65 18.03 39.21 0.26 12.7 1.5 1,650.00

    MACKWOODS ENERGY LIMITED MEL N DiriSaviB M 6.60 3.13 (1.49) (5.71) (8.33) 100.00 1.11% 7.37 8.16 6.45 (6.07) 6.69 1.10 0.08 80.9 0.9 660.00

    INFORMATION TECHNOLOGY 1.09 (3.52) (1.91) 16.66 na (399.58) 0.99 (70.60) (150.73) (179.24) na 5.17E-CHANNELLING ECL N DiriSaviB M 12.80 1.56 (3.70) (7.80) (11.56) 122.13 149.38% 0.57 103.45 32.64 27.54 18.74 24.53 0.85 15.1 22.6 1,563.28PC HOUSE PCH N MainB M 0.30 (33.33) (33.33) (33.33) (66.67) 343.40 na 0.74 (503.02) (31.65) (98.14) (169.46) (203.77) na na 0.4 103.02

    TELECOMMUNICATIONS 1.83 0.45 (0.53) 20.19 11.67% 12,289.07 3,768.80 4,077.60 1,797.94 2,644.73 15.16 1.77DIALOG TELEKOM DIALN MainB D 11.90 - (10.45) (0.83) 30.43 8143.78 13.61% 5.16 5,724.07 1,693.80 1,656.60 1,250.94 1,122.73 0.70 16.9 2.3 96,910.96SRI LANKA TELECOM SLTLN MainB D 49.50 (3.02) (6.24) (3.80) 33.24 1804.86 10.38% 35.05 6,565.00 2,075.00 2,421.00 547.00 1,522.00 3.64 13.6 1.4 89,340.57

    ROE: Trailing 4 quarters return on equity Trailing EPS : Trailing 4 quarters earnings per share Price Performance 1W(%): one week price percentage change BVPS : Most recent quarter book value per share Trailing PE : Trailing 4 quarters price to earnings ratio Price Performance 1M(%): one month price percentage change Net Profit: Trailing 4 quarters net profit PBV: Price to book ratio based on most recent quarter book value Price Performance 1Q(%): one qurter price percentage change

    Price Performance 1Y(%): one year price percentage change

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    Weekly Review by Asia Securities Research 06 February 2015

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    A member of Asia Capital Group

    Disclaimer

    The report has beenprepared by Asia Securities (Private) Limited. The information and opinions contained herein has been compiled or arrived at based upon information obtained from sourcesbelieved to be reliable and in good faith. Such information has not been independently verified and no guaranty, representation or warranty, express or implied is made as to its accuracy,completeness or correctness, reliability or suitability. All such information and opinions are subject to change without notice. This document is for information purposes only, descriptions of anycompany or companies or their securities mentioned herein are not intended to be complete and this document is not, and should not be construed as, an offer, or solicitation of an offer, to buy orsell any securities or other financial instruments. In no event will Asia Securities (Private) Limited be liable for any loss or damage including without limitation, indirect or consequential loss ordamage, or any loss or damage whatsoever arising out of, or in connection with the use of this report and any reliance you place on such information is therefore strictly at your own risk.

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    Research ead of Research urdeena Kudaliyanage (94-11)5320342 [email protected]

    anager - Research Assistant Manager -Research akrishnan Nirmalan (94-11)5320362 [email protected] Amali Perera (94-11)5320256 [email protected]

    ales stitutional Sales Retail Sales bri Marikar (94-11) 5320224 077 3-576868 [email protected] Priyantha Hingurage (94-11)5320217 0773-502015 [email protected] oshan Wijayakoon (94-11) 5320208 0777-713645 [email protected] Subeeth Perera (94-11)5320227 0714-042683 [email protected] iyam Subaulla (94-11)5320218 0773-502016 [email protected] Neluka Rodrigo (94-11)5320214 0777-366280 [email protected] njula Kumarasinghe (94-11) 5320211 0777 -874310 [email protected] Gagani Jayawardhana (94-11)5320236 0714-084953 [email protected] aminda Mahanama (94-11) 5320223 0777 -556582 [email protected] Nuwan Eranga (94-11)5320246 0777-368012 [email protected] oshan Rathnam (94-11) 5320242 0773 -717515 [email protected] Romesh Priyadarshana (94-11)5320228 0772-548795 [email protected] aj Fouz (94-11) 5320210 0773 -810159 [email protected] Iresha Fernando (94-11)5320232 0777-359012 [email protected] flal Farook (94-11) 5320247 0772-253730 [email protected] Sharika Rathnayake (94-11)5320209 0777-567994 [email protected] runa Ettipola (94-11) 5320235 0776-753771 [email protected] Asanka Chaminda (94-11)5320216 0777-566959 [email protected] arith Perera (94-11)-5320215 0773-598937 [email protected] Ruchira Hasantha (94-11)5320229 0773-687027 [email protected]

    Kalana Gangadara (94-11)5320212 0773959438 [email protected] Ganegama (94-11)5320225 0771-848789 [email protected] (94-11)5320226 0777-282586 [email protected] k Gayan Nishshanka (94-11)5320176 0777-569640 [email protected]

    anches E Floor CSE,01-04, World Trade Centre, Colombo 1. Thushara Adhikari (011)-5735122 0773-688202 [email protected]

    Ashan Silva 077-0458028 [email protected]

    tara E.H.Cooray Building, Mezzanine Floor, No:24, (041)-5677525AnagarikaDarmapala Mw, Matara

    gombo 72/A,2/1 Old Cholow Road, Negambo UthpalaKarunatilake (031)-5676881 0773-691685 [email protected]

    Gayan Perera (031)-5676880 0777-598937 [email protected] AsankaSamarakoon (037)-5642717 0773-690749 [email protected]

    ndy Asia Securities (Pvt) Ltd, Cey Bank House Nilupul Hettiarachchi (081)-5628500 0777-410164 [email protected] No: 88, Sri Dhalada Veediya, Kandy ( CSE Kandy Branch)

    mbantota Hambanthota Chamber of Commerce, Thangalle Road,Hambantota. Shermin Ranasinghe (047)-5679240 0777-681866 [email protected]

    rvice Centers

    fna 147,2/3, K.K.S Road, Jaffna Gratian Nirmalan (021)-5671800 0777-567933 [email protected]

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