ASIA Weekly 41

8/3/2019 ASIA Weekly 41

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Sri Lanka Focus 28th

October 2011 ASIA RESEARCH TEAM 1

Major Price Movements Large Trades

IN THIS ISSUE;

Market In Heavy Need Of A New Direction.

The market pursued its downward trend with a

circa LKR1.7 bn WoW dip in total turnover.

Pg 2

Analysis of Various Warrants Listed on the CSEComparison of the warrants trading price with its

intrinsic value (derived through the Black Scholes Call option

valuation method) Pg 3

Asia Wealths Billion Rupee Club Pg 4Commodity Prices

Weekly overview of commodity trading Pg 5

Is the market in mayhem with no guidance

The bourse completed the trading week on a dull noteapparently with neither domestic nor foreign interest. Pg7

Market Statistics28-Oct 21-Oct % Chg.

All Share Index 6,348.44 6,356.94 -0.1

Milanka Price Index 5,661.89 5,674.86 -0.2

Banking & Finance 15,027.19 14,940.60 0.6

Food & Beverage 11,593.50 11,598.88 0.0

Diversified 2,046.18 2,072.97 -1.3Hotels & Travels 4,192.16 4,117.15 1.8

Telecommunication 172.96 175.39 -1.4

Manufacturing 3,363.24 3,387.66 -0.7

Market Capitalisation (LKR bn) 2,281.50 2,307.60 -1.1

(USD bn) 20.70 20.94 -1.1

Turnover (LKR mn) 2,716.70 4,407.60 -38.4

(USD mn) 24.65 40.00 -38.4

Average Daily Turnover (LKR mn) 679.20 881.50 -22.9

Volume (mn shares) 158.30 342.40 -53.8

Foreign Purchases (LKR mn) 362.20 425.40 -14.9Foreign Sales (LKR mn) 274.20 755.20 -63.7

Company Volume

SEYLAN MERCHANT W16 39,618,300

PANASIAN POWER (Rights) 9,198,800

PEOPLE'S MERCHANT 7,736,500

HVA FOODS LIMITED 7,337,800

BLUE DIAMONDS PLC 5,939,400

SEYLAN MERCHANT 5,577,600

BLUE DIAMONDS PLC (NV) 4,888,100

DIALOG 3,920,200

SEYLAN MERCHANT (NV) 3,587,600

AMANA TAKAFUL PLC 3,581,100

FREE LANKA CAPITAL 3,454,400

SEYLAN BANK (NV) 2,700,000

Company Price +/-LKR +/- % Volume

SEYLAN MERCHANT W16 0.3 -0.9 (75.00) 41,116,500

SEYLAN MERCHANT W15 1 -0.2 (16.67) 41,116,500

ASIAN ALLIANCE INSURANCE 202.5 -27.5 (11.96) 124,000

EASTERN MARCHANT 20.6 -2.4 (10.43) 191,300

TESS AGRO 4.6 -0.5 (9.80) 2,671,200

DANKOTUWA 27.5 -2.8 (9.24) 148,800

MASKELIYA 25 3 13.64 15,400

SAMSON INTERNAT. 159.6 19.6 14.00 8,000

AGALAWATTE PLANTATIONS 53 9 20.45 31,300

METROPOLITAN 29.4 5.3 21.99 24,500

CITIZENS DEVELOPMENT (NV) 61.1 12.6 25.98 167,500

INFRASTRUCTURE 99.2 62.7 171.78 5,400

ASI Daily Closing

Weekly Review by Asia Wealth Management Research

Colombo StockExchange

FocusV

olume41

2

8thOctober2011


2/24



Market In Heavy Need Of A New Direction.

The market pursued its downward trend with a circa LKR1.7 bn WoW dip in total turnover. The bourse is currently

observing a negative year to date performance of 4.2%.Consequently, the All Share Index dipped a mere 8.5 pointsWoW to close at 6,348.4 points (-0.1%), whilst the Milanka Price Index also dipped by 13.0 points WoW to close at

5,661.9 points (-0.2%). Indices dipped mainly on the back of the losses made by John Keells Holdings (-2.3% WoW),

Sri Lanka Telecom (-2.2% WoW), CT Holdings (-3.9% WoW), Environmental Resource (-6.4% WoW), and Central

Finance (-4.2% WoW).

The week started extending previous weeks losses with less amount of activity levels and few large scale

transactions taking place namely on Sampath Bank and Seylan Bank showing signs of future hope on the banking

sector.The daily turnover levels did not touch the LKR1 bn mark, recording an average daily turnover of LKR679.2 mn

over the week, although the daily volumes were healthy averaging at circa 39.6mn.

New entrant to the MPI, flaconnage glass manufacturer Piramal Glass Ceylon PLC released it second quarter resultswith an outstanding circa 54.4% YoY growth and a promising circa 71.6% QoQ growth. Despite, the counter

witnessed an LKR0.20 WoW dip deviating from the fundamentals.

Seylan Merchant Bank (warrant 16) emerged as the top volume traded counter showing heavy popularity among

retailers, followed by Panasian Power, Peoples Merchant Bank (Rights), HVA Foods and Blue Diamond Jewellery

Worldwide (Non-Voting).

The week saw a net foreign inflow of LKR88.0 mn where foreign purchases amounted to LKR362.2 mn whilst foreign

sales amounted to LKR274.2 mn.

Meanwhile, Trade Finance and Investment initiated its trading during the week at an issue price of LKR20.00. The

counter reached a maximum of LKR26.00 which is a 30% gain, however could not sustain the upward momentum,lost field to close at LKR20.00.

Nevertheless, the year to date net foreign outflow as at 28th October 2011 amounted to LKR16.8 bn.

The Week in FOCUS


3/24

Sri Lanka Focus 28st


Exercise

price

Share Price

(2011/10/28)Expiry Date

Warrant Price

(2011/10/28)

Price According to BlackScholes model (Intrinsic

value)

Undervalued/

(Overvalued)

CLPL-W-0013 118.0 76.7 2014-08-25 11 0.0070 (12.19)

CLPL-W-0014 142.0 76.7 2015-08-25 10.9 0.0001 (12.00)

GREG-W-0002 33.0 51 2012-02-24 22.8 28.2646 (1.64)

GREG-W-0003 36.0 51 2014-02-24 21.7 30.5125 3.51

GREG-W-0006 39.0 51 2015-02-24 20 30.5114 4.21

REEF-W-0018 30.0 59.9 2012-06-30 22.5 32.8649 4.96

REEF-W-0019 40.0 59.9 2015-06-15 17.3 31.3863 10.49

SEMB-W-0015 1.0 2.2 2011-12-12 1 1.6164 0.22

SEMB-W-0016 0.8 0.7 2011-12-12 0.3 0.0174 (0.38)

Analysis of Various Warrants Listed on the CSE The below table depicts a comparison of the warrants trading price with its intrinsic value (derived through the Black

Scholes Call option valuation method). The 6th column to the right depicts the difference between the intrinsic value

and the traded price. Hence, the positive figures would explain the potential for the respective warrant to further

appreciate. Thus, the negative value would denote that the warrant is overvalued at the current price (assuming the

underlying stock price to be constant). However, it is noted that the intrinsic value is derived based on the current

value of the underlying stock price, its volatility, period to maturity and the risk free rate. Hence, any adverse

movement of the mentioned assumptions would have an adverse impact on the warrant value, and any favourable

movement would positively impact the warrant value (E.g.: if in case the asset price appreciates from the existing, it

would invariably increase the value of the warrant.

Features

Warrants Valuation


4/24


5/24



Oil

Oil prices dropped considerably during the first half of the week after a lapse of 3 weeks of trading after a U.S

Government report showed an increase in crude oil stockpiles of 4.7 mn barrels, which represents a threefold rise

over and above analyst expectations. Upward pressure was experienced towards the latter half of the week as

hurricanes in the Gulf of Mexico threatened to disrupt supplies leading to a 2% WoW gain. However, oil futures

continued to display bullish backwardation sentiment as futures fell by almost 3.2%.

GOLD

The continuous drop in gold prices for the past few weeks necessitated an upward correction on technical grounds.

This was aided by the most optimistic news out of the Euro zone which has pledged a USD 1.4 trillion European

Financial Stability facility to prevent a financial meltdown. This pushed the Euro to a seven week high against the USD

which propelled gold prices on Thursday to USD 1749.11, which is the highest for the month. Gold futures trading on

the COMEX followed suit with gold for December delivery also hitting a one month high. Although prices of theyellow metal are expected to fall back to more sustainable levels, analysts are optimistic that it would remain above

the USD 7000 mark for the coming weeks.

COPPER

A massive speculative rally in the run up to the EU summit saw prices of the red metal rise by more than 15% for the

first half of the week. Copper prices fell back to more reasonable levels but remained at an elevated level as the

market positively responded to the Chinese premieres pledge to aid the EU.

USD WEEKLY (DATE AS

AT)

30.09.11 06.10.11 14.10.11 21.10.11 28.10.11 WoW %

Change

Crude Oil (Barrel USD) 104.41 102.76 112.06 109.76 112.08 2.1%

METAL

Gold (Ounce USD) 1626.91 1648.29 1665.11 1627.74 1744.01 7.14%

Copper( Ton.USD) 7215 6987 7396.1 7000 7817 11.7%

AGRI

Tea SLR/Kg 347.45

(30 Sep)

340.12

(Oct 07)

371.84

(Oct 14)

355.75

(Oct 21)

368.13

(Oct 28)

3.5%

Rubber (RSS 1) LKR 485.75

(Sept 27)

485.75

(Sept 29)

485.75

(Oct 04)

460.00

(Oct 14)

460.00

(Oct 14)

-

Exchange Rates( LKR)

30.09.11 0.7.10.11 14.10.11 21.10.11 28.10.11 WoW%Change

USD 110.17 110.17 110.2 110.2 110.0 -0.2%

EURO 158.44 147.86 151.3 151.8 155.9 2.7%

STG (GBP) 179.22 170.22 173.3 174.2 177.0 1.6%

YEN 1.42 1.44 1.43 1.44 1.45 0.7%

YUAN (CNY) 17.21 17.28 17.26 17.27 17.33 0.3%

Commodity Prices


6/24



USD

The EU summit continued to dictate movements in International markets for the week. The Currency exchange

market was no exception which saw the dollar index; a basket of 6 major currencies against the USD slide to its

lowest level since September. The Japanese Yen also experienced upward pressure against the greenback as the Bank

of Japan expanded its Credit and Asset Purchase Programme in a bid to stimulate the economy.

Commodity Prices


7/24



The bourse completed the trading week on a dull note apparently with neither domestic nor foreign interest.We believe that the lack of interest by both domestic and foreign parties towards the market could be as a

result of the uncertainty. Trading levels were highly unsatisfactory with many investors remaining on a holdand watch stance.

Albeit with all this negativity, we still expect the market to posture itself as attractive with a combination ofgrowth and value stocks that would be ideal to both the retailers, the high end individuals and the corporates

for their investments.

Market Outlook


8/24



0

10

20

30

40

50

60

70

80

2 9- Oct 2 9- Nov 2 9- De c 2 9- Jan 1 -Mar 1 -Ap r 1 -May 1 -Ju n 1 -Jul 1 -Aug 1 -Se p 1 -Oct

TOKYO CEMENT COMPANY

0

100

200

300

400

500

600


COLONIAL MOTORS PLC

0

2

4

6

8

10

12

14

16

18 EXPOLANKA HOLDINGS PLC

0

50

100

150

200

250

300

350

29 -Oct 29 -Nov 29 -De c 29 -Jan 1 -Mar 1- Apr 1 -May 1 -Jun 1 -Jul 1-Aug 1-Sep 1 -Oct

JOHN KEELLS HOLDINGS PLC

Charts Sourced from Asia Wealth Research

Tokyo Cement ManufacturingNLKR44.40 X LKR35.60

Colonial Motors MotorNLKR475.00

Expo Lanka Holdings DiversifiedNLKR10.80

John Keells Holdings DiversifiedN

LKR190.50

TKYO, being the joint market leader in the cement industry, has its

grinding facility located in Trincomalee, ideally located for the

rebuilding boom. TKYO, a direct beneficiary of construction sector

upturn, is in a strong position to take advantage of increasing demand

in current excess capacity. TKYO completed a 10 MW bio mass power

plant which provides them significant cost advantage together with

additional boost to top line.

COLO has penetrated into the domestic market by introducing KIA vehicles at

significantly reduced prices. That has been highly successful though it led to

reduce the gross profit margin of the company. Gross profit margin has slightly

improved from 24% to 25% on QoQ basis however it has dipped YoY to record a

drop from 37.5% to 24.7% during 1QFY12. Nevertheless going forward,

company would be able to improve margins by simply skimming the prices of

vehicles together with attaining better margins in Sale of spare parts and

repairs business.

With the boom in the Sri Lankan economy and government expenditure on road,

sea, air and rail infrastructure which paves way towards tourism and

international trade, the revenue growth in transport and international trading

expects to fatten contributing to the overall earnings of the company. EXPOs

asset light business model couple with high future earnings anticipates delivering

higher ROEs.

Going forward, with the growth in GDP, per capita income and increase in

tourist arrivals we anticipate the consumer retail and the leisure sector to

boom. Hence we expect the forward PE multiples to be 17.3X and 14.0X in FY12

and FY13 respectively. Hence the heavy weight JKH is considered to be a value

stock.

Key Buys

Focus on Investment


9/24



0

50

100

150

200

250

2 9-Oct 2 9-Nov 2 9-De c 2 9-Jan 1 -Mar 1 -Apr 1 -May 1 -Jun 1-Jul 1 -Aug 1-Se p 1 -Oct

ASIAN HOTELS & PROPERTIES PLC

0

50

100

150

200

250


CIC HOLDINGS PLC

0

50

100

150

200

250

300


COMMERCIAL BANK OF CEYLON PLC

0

50

100

150

200

250

2 9- Oc t 2 9- No v 2 9- De c 2 9- Jan 1 -Mar 1 -Apr 1 -May 1 -Jun 1 -Ju l 1 -Au g 1 -Se p 1 -Oc t

DISTILLERIES COM PANY OF SRI LANKA PLC

Asian Hotels HotelNLKR85.00

CIC Holdings Chemicals & PharmaceuticalsNLKR118.00 X 80.00

Commercial Bank BankingNLKR108.00 X75.00

Distilleries Company Food & BeverageN

LKR167.00

Asian Hotels and Property Development PLC is well poised to ride the expected

growth in the hotel sector of the country. We expect to see a healthy growth in

the industry, shouldered by the improvement in both the tourist arrivals to the

country as well as the growth in the overall economy.

With countrys agricultural sector achieving a phenomenal growth during theFY2010, and with vast opportunities unfolding in North & East, CIC is well

positioned to reap benefits as a pioneering firm catering predominantly to

agricultural sector. Acquisition of dairy farms in north & east region coupled with

CICs plans to expand overseas will strengthens companys earnings in the

medium to long term.

Commercial Bank is the largest private sector commercial bank with an asset

base of LKR370.3bn and operates with a 400 ATM points, which is also the largest

single network in the country. Towards the future, bank is well positioned with

capital, to take advantage of the strong credit demand prevailing in the low

interest rate economy.

Distilleries with its insurance segment, power plant operating in full capacity,

together with its plantation segment generating higher earnings driven by the

demand for tea will result a bottom line growth. In addition its beverage segment

that has a seasonal impact which is shouldered by the expected foreign influx has

great potential in the forthcoming periods. In addition, with DISTs current cash

rich position, we can expect the company to expand their diversification

strategies.

Focus on Investment


10/24



0

50

100

150

200

250

300

350

400

450

2 9-Oct 2 9-Nov 2 9-D ec 2 9-Jan 1 -Mar 1 -Apr 1 -M ay 1 -Ju n 1 -Jul 1 -Au g 1 -Se p 1 -Oct

HATTON NATIONAL BANK PLC

135

140

145

150

155

160

165170

175

180

185

2 9- Oct 2 9- Nov 2 9-D ec 2 9- Jan 1 -Mar 1 -Apr 1 -May 1 -Jun 1 -Ju l 1 -Aug 1 -Se p 1 -Oct

CHEVRON LUBRICANTS LANKA PLC

0

50

100

150

200

250

300

350

2 9- Oct 2 9- Nov 2 9- De c 2 9-Jan 1 -Mar 1 -Apr 1 -M ay 1 -Ju n 1 -Jul 1 -Au g 1 -Se p 1 -Oct

LB FINANCE PLC

0

50

100

150

200

250

300

350


ROYAL CERAMICS LANKA PLC

Hatton National Bank BankingNLKR189.00 X 82.00

Royal Ceramics Manufacturing

N

LKR138.80

Chevron Lubricants ManufacturingNLKR165.00

LB Finance Banking & FinanceNLKR144.50

HNB, the second largest private commercial bank with a total asset base of

LKR323.3 bn and a strong network of over 200 branches, is continuing its focus

on expanding its branch network. HNB which has a relatively larger retail deposit

base is projected to enjoy higher interest spreads and would also benefit from

the growth in SME lending. Banking sector earnings are expected to be robust

with interest margins of around 6% to be maintained in 2011E.

LLUB with a renowned history in paying high dividends, during FY10 company

paid LKR1,470mn as dividends which is a payout of 98% opposed to 96%dividend payout in FY09(LLUB paid LKR1440mn dividends in FY09). Going

forward we do not expect a drastic change in companys dividend policy. Hence,

LLUB would definitely find its way to an equity portfolio based on recurring

income in terms of mammoth dividends, but not in terms of value.

LB Finance is a leading registered finance company engaged in Leasing and Hire

Purchase business. Company is operating with a total asset base of LKR 3bn and

an island wide branch net work of 34. With satisfactory liquidity levels and

capital adequacies, company is poised to take advantage in the prevailing low

interest rate regime.

.

A reconstruction boom in the North and East would drum up the overall

economic growth whilst RCL would strongly benefit from the growing demand in

the Western and Southern provinces. Further, with the local tourism expected to

rebound hotel capacity building would prompt additional demand for highly

quality tiles. Further, cost rationalising process in the factories and value added

product manufacturing would strengthen company earnings.

Focus on Investment


11/24



0

50

100

150

200

250

300

350


SAMPATH BANK PLC

Sampath Bank BankingNLKR204.10

Bank will continue its aggressive expansion to ensure its spread of servicethrough the island. As the pioneer in blending IT with banking, the company will

revamp its existing products and innovate new customer focus products. With

the expansions in construction of tourism related infrastructure and expansion

of existing industries loan book is expected to grow further.

Focus on Investment


12/24



As at 21st October 2011

Rights issues

Peoples Merchant : 04 for 05 rights issue @LKR15.00 XR: 12.10.2011Pelwatte Sugar : 01 for 04 rights issue @LKR18.00 XR: 23.11.2011

Mandatory OffersAmaya Leisure :Consideration: LKR107.00

Singhalanka Standard Chemicals :Consideration: LKR55.00 Infrastructure Developers PLC :Consideration:LKR27.50

Share SwapCeylon and Foreign Trades : One (01) share for every Ninety One point Three One Five (91.315) shares held.

Stock Exchange Anouncements


13/24



Dividend AnnouncementsCompany Dividend per share XD Date Payment Date

CT Holdings PLC Final Dividend of LKR 1.00 19.10.2011 28.10.2011

Chilaw Finance Final Dividend of LKR 0.50 24.10.2011 02.11.2011Softlogic Holdings PLC Interim Dividend of LKR0.13 31.10.2011 09.11.2011

ODEL Interim Dividend of LKR0.25 per share 01.11.2011 11.11.2011

Chevron Lubricants Lanka PLC Second Interim Dividend of LKR3.00 per share 02.11.2011 14.11.2011

Tess Agro PLC First and Final Dividend of LKR0.05 18.10.2011 27.10.2011

C. W Mackie PLC Interim Dividend of LKR1.00 07.11.2011 17.11.2011

Stock Exchange Anouncements


14/24



FY08 FY09 FY10 FY11E FY12E FY08 FY09 FY10 FY11E FY12E FY08 FY09 FY10 FY11E FY12E

FINANCIAL SERVICES

Commercial Bank Dec 765 82.6 108.00 4,120 4,193 5,510 6,414 7,078 5.0 5.1 6.7 7.8 8.7 21.4 21.1 16.0 13.8 - 7.00 6% 16% 87.9 1.2

Commercial Bank Dec 52 3.9 75.00 4,120 4,193 5,510 6,414 7,078 10.9 11.1 14.4 16.8 18.6 6.9 6.8 5.2 4.5 - 7.00 9% 16% 82.8 0.9

Sampath Bank Dec 157 32.0 204.10 1,495 2,073 3,485 4,915 5,316 9.5 13.2 22.2 31.3 33.9 21.4 15.4 9.2 6.5 6.0 4.00 2.0% 20% 112.8 1.8

NDB Bank Dec 164 21.0 128.00 2,150 2,085 4,267 4,593 5,281 13.1 12.7 26.0 28.0 32.2 9.8 10.1 4.9 4.6 4.0 8.00 6.3% 15% 93.6 1.4

LB Finance Dec 69 10.0 144.50 206 360 500 1,020 1,613 3.0 5.2 7.2 14.7 23.3 48.6 27.8 20.0 9.8 6.2 3.50 2.4% 47% 37.7 3.8

Central Finance Mar 105 24.1 230.00 1,211 1,127 1,046 1,500 1,781 17.5 16.3 15.1 21.7 25.7 8.3 8.9 9.6 6.7 5.6 6.0 2.6% 11% 449.6 0.5

CONGLOMERATES

Hayleys Mar 75 27.8 371.00 453 311 1,731 725 957 6.0 4.1 23.1 9.7 12.8 61.5 89.5 16.1 38.4 29.1 2.0 0.5% 14% 164.7 2.3

John Keells Hold. Mar 841 160.1 190.50 5,119 4,732 5,202 8,246 10,690 6.1 5.6 6.2 9.8 12.7 31.3 33.8 30.8 19.4 15.0 2.3 1.2% 9% 70.9 2.7

Expolanka 1955 21.1 10.80 (50) 310 518 1,578 1,803 0.0 0.2 0.3 0.8 0.9 na 68.2 40.8 13.4 11.7 na na 12% 2.2 4.9

FOOD & BEVERAGEBairaha Farms Mar 16 3.4 211.90 86 3 134 529 772 5.4 0.2 8.4 33.1 48.2 39.4 1307.7 25.3 6.4 4.4 3.0 1.4% 11% 74.8 2.8

Distilleries Mar 300 50.1 167.00 4,101 3,387 2,136 8,146 4,824 13.7 11.3 7.1 27.2 16.1 12.2 14.8 23.5 6.2 10.4 2.5 1.5% 7% 106.8 1.6

TOURISM

Asian Hotels Mar 442.78 37.6 85.0 847.39 531 630 1,774 2,091 1.9 1.2 1.4 4.0 4.7 44.4 70.9 59.8 21.2 18.0 2.0 2.4% 5% 31.0 2.7

MANUFACTURING

Royal Ceramics Mar 110.79 15.4 138.80 611 518 964 1,459 2,378 5.5 4.7 8.7 13.2 21.5 25.2 29.7 15.9 10.5 6.5 4.0 2.9% 18% 47.4 2.9

Chevron Lubricants Dec 120.00 19.8 165.00 948 1,495 1,501 1,603 1,717 8.6 13.5 13.6 14.5 15.5 19.3 12.2 12.2 11.4 10.6 12.0 7.3% 54% 23.1 7.1

Tokyo (Voting) Mar 202.50 9.0 44.40 572 347 291 1,093 1,270 1.9 1.1 1.0 3.6 4.2 23.6 38.9 46.3 12.3 10.6 1.65 3.7% 5% 18.7 2.4

Tokyo (NV) Mar 101.25 3.6 35.60 572 347 291 1,093 1,270 1.9 1.1 1.0 3.6 4.2 18.9 31.2 37.1 9.9 8.5 1.65 4.6% 5% 18.7 1.9

Lanka Walltile Mar 54.60 5.7 105.00 361 279 478 408 701 6.6 5.1 8.8 7.5 12.8 15.9 20.5 12.0 14.1 8.2 2.3 2.2% 15% 56.6 1.9

Piramal Glass Mar 950.09 7.4 7.80 35 (261) (61) 579 528 0.0 -0.3 -0.1 0.6 0.6 na na na 12.8 14.0 0.3 3.8% -3% 2.3 3.3

Land and Property

Overseas Realty Dec 843.48 12.2 14.50 1,783 1,342 724 1,004 1,056 2.1 1.6 0.9 1.2 1.3 6.9 9.1 16.9 12.2 11.6 4% 20.3 0.7

Mortor

DIMO Mar 8.88 11.6 1310.00 205 103 278 2,006 2,128 23.1 11.6 31.4 225.9 239.8 56.7 112.9 41.8 5.8 5.5 7.0 0.5% 8% 377.4 3.5

COLONIAL MOTORS PLC Mar 9.12 4.3 475.00 (2) 40 229 842 1,232 -0.2 4.4 25.1 92.2 135.1 na 107 19 14.2 4 25.8 5.4% 15% 168.4 2.8

PLANTATIONS

Kegalle Plantations Mar 25.00 2.9 115.00 421 205 376 783 887 16.8 8.2 15.0 31.3 35.5 6.8 14.0 7.6 3.7 3.2 3.0 2.6% 22% 68.4 1.7

Namunukula Plantations Mar 23.75 1.9 80.00 230 41 147 461 539 9.7 1.7 6.2 19.4 22.7 8.3 46.7 13.0 4.1 3.5 na na 16% 39.0 2.1

Power And Energy

Laugfs GasV) Mar 335.00 13.1 39.00 (85) 243 527 1,003 1,183 na 0.6 1.4 2.6 3.1 na 62.1 28.6 15.0 12.8 8% 18.9 2.1

Laugfs Gas(NV) Mar 52.00 1.2 24.00 (85) 243 527 1,003 1,183 na 0.6 1.4 3.0 3.9 na 38.2 17.6 8.0 6.2 8% 122.1 0.2

CHEM & PHARMACEUTICALS

Chemical industries Mar 72.90 8.6 118.00 510 408 601 935 1143 5.4 4.3 6.3 9.9 12.1 21.9 27.4 18.6 12.0 9.8 1.9 1.6% 12% 51.5 2.3

Chemical industries(NV) Mar 21.87 1.7 80.00 510 408 601 935 1143 5.4 4.3 6.3 9.9 12.1 14.9 18.6 12.6 8.1 6.6 1.9 2.3% 12% 51.5 1.6

Haycarb Mar 29.71 4.5 150.00 180 225 633 716 781 6.0 7.6 21.3 24.1 26.3 24.8 19.8 7.0 6.2 5.7 5.0 3.3% 10% 77.4 1.9

Earnings PEREPS (LKR)

Company PriceSH(mn)YE

M.CAP.

Bn DPS DY ROE BVPS PBV

Valuation Guide


15/24



Company Year Price Shares Trailing BVPS Net Profit Trailing Trailing PBV Mkt Cap Mn

End (LKR) 1W(%) 1M(%) 1Q(%) Mn ROE 4Qtrs Jun'11 Mar'11 Dec'10 Sept'10 Jun10 EPS PE

MARKET (0.13) (5.40) (4.59) 17.27% 152,940.37 33,830.91 37,510.54 40,860.37 37,700.85 26,922.21 14.92 2.58 2,281,500.00

FINANCIAL SERVICES - - - 19.28% 41,563.42 8,386.42 7,512.01 12,154.52 9,224.20 9,263.81 12.40 2.39

Banking 24,583.72 4,861.60 6,373.94 6,934.46 5,405.23 7,610.75

COMMERCIAL BANK [V] COMB D 108.00 0.09 (2.70) (56.93) 765.09 19.80% 44.70 7,235.20 1,976.00 2,064.90 1,772.50 1,421.80 1,206.10 8.85 12.2 2.4 82,629.21

COMMERCIAL BANK [NV] COMBX D 75.00 0.67 (3.72) (53.13) 52.36 19.80% 44.70 7,235.20 1,976.00 2,064.90 1,772.50 1,421.80 1,206.10 8.85 8.5 1.7 3,927.36

DFCC BANK DFCC M 117.00 - (9.30) (15.83) 265.10 88.28% 10.47 2,449.49 683.04 611.12 630.40 524.93 3,323.90 9.24 12. 7 11.2 31,016.43

HNB [V] HNB D 189.00 0.69 (3.18) (10.00) 311.22 17.35% 80.58 5,430.54 1,292.53 1,221.31 1,868.80 1,047.90 1,220.00 13.98 13.5 2.3 58,820.75

HNB [NV] HNB X D 82.00 1.36 (11.05) (31.24) 77.15 17.35% 80.58 5,430.54 1,292.53 1,221.31 1,868.80 1,047.90 1,220.00 13.98 5.9 1.0 6,326.55

NATIONS TRUST BANK NTB D 58.00 1.23 (7.07) (8.83) 230.61 16.98% 33.88 1,326.33 360.40 375.85 235.82 354.26 280.96 5.75 10.1 1.7 13,375.22

NDB NDB D 128.00 (0.39) (6.71) (5.54) 164.20 15.12% 97.37 2,417.52 396.68 605.34 607.28 808.22 433.40 14.72 8.7 1.3 21,017.84

PAN ASIA BANK PABC D 25.00 5.93 (0.40) (1.19) 295.04 19.34% 10.81 617.07 210.03 196.02 81.84 129.17 83.20 2.09 12.0 2.3 7,376.03

SAMPATH BANK SAMP D 204.10 0.29 (6.50) (15.28) 156.85 22.72% 119.40 4,254.78 1,134.80 980.05 1,350.60 789.33 746.07 27.13 7.5 1.7 32,013.94

SEYLAN BANK [V] SEYB D67.00

9.84 3.08 6.52 173.33 3.82% 49.94 645.03 (303.90) 249.04 387.23 312.66 311.80 1.9135.1 1.3

11,613.33SEYLAN BANK [NV] SEYBX D 32.10 5.96 (10.86) 3.23 164.75 3.82% 49.94 645.03 (303.90) 249.04 387.23 312.66 311.80 1.91 16.8 0.6 5,288.37

HDFC HDFC D 1600.00 (5.01) (8.44) 6.67 6.47 10.59% 303.13 207.78 120.52 70.31 (0.01) 16.96 5.32 32.11 49.8 5.3 10,353.68

UNION BANK UBC D 20.40 -1.46 -7.73 -13.62 349.25 1.42% 14.36 71.23 71.23

Finance Co.s & / Merchant Banks 27.20% 10,756.44 3,112.99 402.02 1,684.55 2,279.10 1,399.24 98.07

ASIA CAPITAL ACAP M 82.00 2.63 (6.07) (13.50) 110.00 63.42% 11.43 797.50 0.64 248.30 275.72 272.85 108.75 7.25 11.3 7.2 9,020.00

ALLIANCE FINANCE ALLI M 800.00 - (28.32) (22.65) 2.43 23.74% 421.28 243.02 81.93 103.56 38.70 18.82 16.00 100.01 8.0 1.9 1,944.00

ARPICO FINANCE ARPI M 125.00 - (7.41) 14.68 4.46 8.17% 73.52 26.82 3.76 5.61 6.64 10.80 5.40 6.01 20.8 1.7 557.81

CENTRAL FINANCE CFIN M 230.00 (4.17) (12.71) (83.94) 104.88 18.27% 109.22 2,092.34 618.20 532.13 472.10 469.91 276.24 19.95 11.5 2.1 24,123.17

NATION LANKA CSF M 18.40 1.10 (3.68) (6.63) 199.93 28.95% 1.69 97.65 (34.77) (3.16) 165.57 (29.99) (23.25) 0.49 37.7 na 3,678.72

LOLC LOLC M 89.10 4.95 (10.10) (8.90) 475.20 32.74% 31.10 4,839.06 1,725.04 600.02 718.10 1,795.89 726.19 10.18 8.7 2.9 42,340.32

LB FINANCE LFIN M 144.50 1.22 (10.38) (15.21) 69.26 40.11% 42.84 1,190.09 351.02 391.18 227.71 220.18 181.16 17.18 8.4 3.4 10,007.66

MERCHANT BANK MBSL D 34.20 (4.47) (6.30) (12.53) 135.00 17.17% 21.59 500.52 48.23 126.55 164.28 161.46 103.00 3.71 9.2 1.6 4,617.00

PEOPLE'S MERCHANT PMB M 15.80 0.63 (14.05) (29.02) 37.50 23.39% 16.10 141.23 135.06 (16.38) 25.30 (2.76) (17.12) 3.77 4.2 1.0 592.50

SEYLAN MERCHANT [V] SEMB D 2.20 - (15.38) - 826.49 3.26% na 17.53 (22.15) 18.76 3.22 17.70 22.00 0.01 174.0 na 1,818.27

SEYLAN MERCHANT [NV] SEMB X D 0.80 (12.50) (12.50) - 560.00 3.26% na 17.53 (22.15) 18.76 3.22 17.70 22.00 0.01 63.3 0.8 448.00

THE FINANCE TFC M 43.00 -0.23 2.38 43.33 57.97 93.17% na (3,225.63) 26.39 (2,074.13) (440.50) (737.39) na na 2,492.55

THE FINANCE[NV] TFCX M 13.00 -2.26 -7.14 0.00 100.00

VANIK [V] VANI D 13.00 (3.65) (3.97) (25.45) 57.97 na 0.00 - na na 753.56

VANIK [NV] VANI X D 0.80 - - - 100.00 na 0.00 - na na 80.00

CAPITAL REACH CRL M 49.00 4.70 1.03 -1.01 37.45 12.90% 14.18 68.54 45.98 22.56 1.83 26.8 3.5 1,835.24

PEOPLES LEASING FINANCE SMLL D 39.50 -0.50 -18.72 -1.25 68.14 12.31% 12.74 106.89 70.39 35.63 0.87 1.57 25.2 3.1 2,691.57

VALLIBEL FINANCE VFIN M 40.50 -0.73 -5.56 -3.77 41.55 26.33% 12.43 135.95 48.15 36.65 27.70 23.45 3.27 12.4 3.3 1,682.80

SINHAPUTRA SFL M 124.90 0.00 1.25 5.65 6.30 7.65% 76.05 36.64 36.64 5.82 21.5 1.6 786.36

SINGER FINANCE SFIN M 28.70 0.35 -9.40 4.71 106.67 12.54% 8.82 117.92 51.27 60.88 5.77 1.11 26.0 3.3 3,061.33

Price Performance Net Profits

Broad Market Valuation Guide


16/24




End (LKR) 1W(%) 1M(%) 1Q(%) Mn ROE 4Qtrs #REF! Mar'11 Dec'10 Sept'10 Jun10 EPS PE

CITIZENS DEVELOPMENT FINANCE CDB M 70.60 9.73 -1.55 -9.81 46.30 46.23% 23.82 509.94 80.20 219.04 210.7 65.50 9.81 7.2 3.0 3,268.73

CITIZENS DEVELOPMENT FINANCE CDBX M 61.10 20.88 11.28 0.00 5.67 46.23% 194.56 509.94 80.20 219.04 210.7 65.50 9.81 6.2 0.3 346.39

SENKADAGALA FINANCE SFCL M 20.00 0.00 0.00 0.00 53.37 22.72% 20.89 253.30 - 4.75 4.2 1.0 1,067.36

SWARNAMAHAL FINANCE SFS M 66.40 -0.91 -13.85 -41.75 25.00 na 0.00 - - na na na 1,660.00

CHILAW FINANCE LIMITED CFL M 24.60 0.82 -4.65 2.50 28.08 8.76% 10.56 25.97 - 0.92 26.6 2.3 690.87

COMMERCIAL CREDIT LIMITED COCR M 28.10 -5.07 -10.79 18.57 218.07 96.40% 1.04 218.76 - 1.00 28. 0 27.0 6,127.89

MERCANTILE INVESTMENTS MERC M 1562.00 0.00 0.00 0.00 3.01 14.02% 1558.51 656.97 - 218.55 7.1 1.0 4,695.37

MULTI FINANCE MFL M 51.20 -0.96 -4.25 56.02 22.46 2.71% 30.69 18.69 - 0.83 61.5 1.7 1,150.06

LANKA ORIX FINANCE LOFC M 9.50 -3.06 -11.21 -8.65 2800.00 35.46% 1.26 1,246.09 - 0.45 21.3 7.6 26,600.00

ABANS FINANCIAL SERVICES AFSL M 71.20 -1.66 -1.79 -15.24 37.00 12.12% 9.48 42.49 - 1.15 62.0 7.5 2,634.40

CENTRAL INV & FINPLC CIFL M 9.20 -3.79 -19.62 -26.59 83.43

ASSOCIATED MOTOR FINANCE PLC AMF M 411.00 0.00 0.00 0.00 5.61

CAPITAL ALLIANCE FINANCE LIMI TED CALF M 36.50 -1.08 -9.80 0.00 33.92

NANDA INVESTMENTS AND FINANCE NIFL M 12.70 -6.13 -15.79 0.00 100.72

SOFTLOGIC CAPITAL LIMITED SCAP M 35.20 -10.65 -17.88 -17.80 27.20

Insurance 4,531.19 306.42 517.48 3,076.71 630.58 61.58

AMANA TAKAFUL INS. ATL D 2.40 0.00 -11.11 9.09 1000.00 -1.06% 0.91 (9.70) 11.20 (20.90) (14.70) na na 2.6 2,400.00

ASIAN ALLIANCE AAIC D 202.50 -4.88 -13.34 76.02 37.50 9.11% 34.02 116.21 (172.50) 288.71 79.30 3.10 65.3 6.0 7,593.75

CEYLINCO INSURANCE [V] CINS D 774.60 0.00 -1.00 13.83 20.00 17.33% 319.30 1,461.93 344.36 286.31 732.34 98.93 19.79 55.35 14.0 2.4 15,492.00

CEYLINCO INSURANCE [NV] CINS X D 359.90 -3.05 -4.28 15.28 6.41 17.33% 319.30 1,461.93 344.36 286.31 732.34 98.93 19.80 55.35 6.5 2.1 2,308.57

AVIVA NDB CTCE D 272.50 4.02 -3.30 -10.02 30.00 32.23% 94.05 909.37 34.20 147.62 613.44 114.11 (47.00) 30.31 9.0 2.9 8,175.00

HNB ASSURANCE HASU D 53.50 -0.93 -9.48 -13.15 50.00 17.83% 27.69 246.83 24.62 24.74 180.80 16.67 24.19 4.94 10.8 1.9 2,675.00

UNION ASSURANCE UAL D 95.50 -8.96 -12.63 6.11 75.00 41.08% 33.63 1,036.20 64.55 58.81 511.97 400.87 13.82 6.9 2.8 7,162.50

JANASHAKTHI JINS D 14.70 -0.67 -3.90 -5.73 363.00 28.51% 7.44 770.35 770.35 - na 2.12 6.9 2.0 5,336.10

Venture Capital Co.s 1,692.07 105.40 218.57 458.81 909.28 192.24

CDIC CDIC D 369.80 19.25 -7.71 19.79 43.86 12.40% 115.66 628.92 30.97 106.44 221.14 270.38 104.43 14.34 25.8 3.2 16,217.58

FIRST CAPITAL CFVF M 16.70 -2.34 -7.73 -25.78 101.25 60.25% 5.94 947.55 56.94 79.92 208.80 601.90 51.05 9.36 1.8 1.1 1,690.88

LANKA VENTURES LVEN M 35.20 -2.22 -14.36 -12.22 50.00 14.14% 16.36 115.59 17.50 32.22 28.87 37.01 36.76 2.31 15.2 2.2 1,760.00




17/24




End (LKR) 1W(%) 1M(%) 1Q(%) Mn ROE 4Qtrs Jun'11 Mar'11 Dec'10 Sept'10 Jun10 EPS PE

BEVERAGE FOOD AND TOBACCO - - - 31.64% 23,048.01 5,099.25 8,335.00 5,506.66 4,107.10 3,483.03 12.94 4.10

BAIRAHA FARMS BFL M 211.90 (1.46) (13.98) (25.55) 16.00 34.93% 78.19 436.99 55.18 103.45 163.91 114.45 104.13 27.31 7.8 2.7 3,390.40

CARGILLS CARG M 200.00 - (2.68) (0.74) 224.00 15.61% 32.53 1,137.13 325.97 268.12 290.74 252.30 312.00 5.08 39.4 6.1 44,800.00

CEYLON BREWERY BREW M 436.00 - - 27.86 20.99 22.57% 127.72 605.06 176.25 165.66 163.91 99.23 123.89 28.83 15.1 3.4 9,150.81

CEYLON COLD STORES CCS M 105.00 0.48 (4.72) (71.23) 95.04 5.47% 47.21 245.26 124.29 38.07 45.43 37.47 78.57 2.58 40.7 2.2 9,979.20

CEYLON TEA SERVICES CTEA M 700.00 (5.41) (12.50) - 20.00 23.54% 320.08 1,506.87 250.58 658.60 300.80 296.88 130.00 75.34 9.3 2.2 14,000.00

CEYLON TOBACCO CTC D 390.00 (1.02) (0.26) 6.56 187.32 191.82% 16.63 5,977.00 1,819.00 814.00 2,396.00 948.00 1,116.00 31.91 12. 2 23.4 73,056.26

COCO LANKA [V] COCO M 65.90 1.90 0.31 - 21.60 24.42% 49.11 280.56 18.28 49.83 55.70 156.75 32.49 11.99 5.5 1.3 1,423.44

COCO LANKA [NV] COCOX M 46.00 (0.22) (13.40) (6.52) 1.80 24.42% 49.11 280.56 18.28 49.83 55.70 156.75 32.50 11.99 3.8 0.9 82.80

C ONV EN IE NC E FOOD S OY M 288.50 (1.90) (27.60) (11.31) 2.75 29.63% 82.46 67.20 11.73 17.51 21.02 16.94 7.00 24.44 11.8 3.5 793.38

DISTILLERIES DIST M 167.00 2.52 (2.97) (2.34) 300.00 26.17% 109.58 8,602.28 1,238.92 5,027.62 1,218.80 1,116.94 866.60 28.67 5.8 1.5 50,100.00FERNTEA FERN M 3.50 - - - 6.00 na 0.00 - na na na na na na na na 21.00

HARISCHANDRA MILLS HARI M 2900.00 - 20.83 52.63 0.96 12.82% 533.90 65.71 13.13 12.60 13.35 26.64 10.72 68.46 42.4 5.4 2,783.42

KEELLS FOOD PRODUCTS KFP M 114.30 (0.61) (6.92) 114.30 114.30 15.29% 2.97 51.91 15.82 0.67 19.55 15.88 (5.45) 0.45 25 1. 7 3 8. 5 13,064.49

KOTMALE HOLDINGS LAMB M 43.10 (2.93) (6.51) (8.49) 31.40 13.51% 18.11 76.86 22.09 25.20 16.80 12.77 15.03 2.45 17.6 2.4 1,353.34

LION BREWERY LION M 193.30 1.74 1.58 (3.35) 80.00 20.79% 66.72 1,109.64 332.40 313.79 286.89 176.56 236.17 13.87 13.9 2.9 15,464.00

LANKA MILK FOODS LMF M 118.00 (1.17) 2.52 12.38 40.00 4.64% 48.52 90.02 57.41 55.54 (74.50) 51.57 (6.19) 2.25 52.4 2.4 4,719.76

NESTLE LANKA NEST D 855.00 0.59 (2.36) 16.33 53.73 114.96% 36.48 2,252.96 644.35 615.49 421.80 571.32 415.00 41.93 20. 4 23.4 45,935.27

THREE ACRE FARMS TAFL D 99.00 (2.74) (3.68) (3.68) 23.55 53.92% 19.55 248.28 3.03 41.26 124.67 79.32 24.57 10.54 9.4 5.1 2,330.96

RENUKA AGRI RAL M 6.70 (4.23) 6.70 6.70 401.25 14.72% 2.38 140.62 49.32 na 91.30 na 0.35 19.1 2.8 2,688.38

TEA SMALLHOLDERS TSML M 65.50 (6.43) (16.98) (24.28) 30.00 14.24% 20.84 89.02 (9.18) 30.65 41.80 25.75 22.50 2.97 22.1 3.1 1,965.00

RAIGAM WAYAMBA SALTERNS LTD RWSL M 4.30 2.38 (4.44) 2.38 282.21 9.68% 2.37 64.65 47.62 na 17.03 na 0.23 18.8 1.8 1,213.49

HVA FOODS HVA M 42.10 1.45 (22.75) 234.13 66.43 10.33% 6.75 46.33 45.89 na na na 0.70 60.4 6.2 2,796.65

CHEMICALS & PHARMACEUTICALS (0.62) (10.09) (18.48) 20.42% 3,629.28 541.55 904.96 1,332.56 850.21 476.74 7.41 1.51

CHEMANEX CHMX M 120.00 0.84 (2.04) (4.08) 15.75 3.10% 80.36 39.19 1.14 0.61 13.50 23.94 4.12 2.49 48.2 1.5 1,890.00

CHEMICAL INDUSTRIES [V] CIC M 118.00 1.72 (9.30) (8.53) 72.90 14.04% 95.23 974.70 203.80 169.60 382.67 218.63 184.00 10.28 11.5 1.6 8,602.20

CHEMICAL INDUSTRIES [NV] CIC X M 80.00 1.27 (4.31) (13.33) 21.87 14.04% 44.57 974.70 203.80 169.60 382.67 218.63 184.00 10.28 7.8 3.4

HAYCARB HAYC M 150.00 (0.33) (5.06) 6.16 29.71 17.34% 91.69 472.51 124.77 111.22 89.08 147.44 157.35 15.90 9.4 1.6 4,456.86

INDUSTRIAL ASPHALTS ASPH M 649.20 (1.26) 14.82 66.46 0.67 4.03% 102.53 2.76 0.61 1.34 0.26 0.54 0.45 4.13 157.0 6.3 432.73

J.L. MORISON [V] MORI M 2755.00 0.18 (20.14) (22.39) 0.58 20.72% 2223.68 347.83 37.45 93.20 28.10 189.08 20.72 598.85 4.6 1.2 1,600.18

J.L. MORISON [NV] MORI X M 2000.00 0.03 (16.67) (6.98) 0.17 20.72% 2223.68 347.83 37.45 93.20 28.10 189.08 20.70 1,996.17 1.0 0.9 348.50

LANKEM CEYLON LCEY M 283.00 (4.78) (12.92) (29.97) 24.00 31.65% 124.35 944.44 111.22 202.20 567.12 63.90 69.20 39.35 7.2 2.3 6,792.00

SINGALANKA SING M 160.00 (1.10) (33.85) (92.21) 5.54 565.74% 13.41 420.25 (0.11) 215.55 205.31 (0.50) (0.77) 75.85 2.1 11.9 886.53

MULLERS MULL M 2.80 (6.67) (9.68) 3.70 283.00 19.99% 0.41 22.96 8.53 5.45 2.83 6.15 9.22 0.08 34.5 6.9 792.40

UNION CHEMICALS UCAR D 730.00 9.49 7.14 (1.83) 1.50 23.37% 162.10 56.81 16.70 12.58 15.58 11.96 11.75 37.88 19.3 4.5 1,095.00

CONSTRUCTIONS 3.64 (7.48) (10.34) 18.97% 2,223.14 150.71 437.18 859.61 775.64 275.73 9.91 1.88

COLOMBO DOCKYARD DOCK D 241.00 5.70 (7.34) (5.82) 68.44 28.18% 114.67 2,211.53 210.49 466.80 739.25 795.00 283.00 32.31 7.5 2.1 16,493.33

LANKEM DEVELOPMENTS LDEV M 16.00 (4.79) (13.59) (12.15) 60.00 -161.00% 0.20 (19.57) (1.61) (6.89) (5.74) (5.33) (5.46) na na 79.0 960.00

MTD WALKERS KAPI M 40.00 (1.49) (6.59) (23.36) 114.36 0.81% 33.77 31.18 (58.16) (22.73) 126.10 (14.03) (1.81) 0.27 146.7 1.2 4,574.29




18/24




End (LKR) 1W(%) 1M(%) 1Q(%) Mn ROE 4Qtrs - Mar'11 Dec'10 Sept'10 Jun10 EPS PE

DIVERSIFIED (1.29) (6.34) (6.68) 15.80% 25,494.77 6,436.00 6,864.95 5,569.52 6,624.30 3,889.85 17.491 2.76

AITKEN SPENCE SPEN M 127.50 0.79 (4.14) (8.86) 406.00 12.23% 53.30 2,647.17 550.74 910.90 579.04 606.49 439.50 6.52 19.6 2.4 51,764.50

CARSON CUMBERBATCH CARS M 580.00 (0.58) (1.66) (3.30) 196.39 28.34% 128.20 7,136.10 3,506.32 1,747.41 906.83 975.54 1,186.90 36.34 16.0 4.5 113,904.41

CEYLON THEATRES CTHR M 173.00 (3.83) (3.83) (5.36) 183.10 10.36% 64.73 1,228.11 244.05 234.56 335.53 413.96 91.00 6.71 25.8 2.7 31,675.82

COLOMBO FORT LAND CFLB M 51.20 (4.28) (10.14) (19.94) 180.00 23.45% 24.09 1,016.81 90.32 367.41 425.89 133.20 184.00 5.65 9.1 2.1 9,216.00

FINLAYS COLOMBO JFIN D 232.50 - (25.00) (3.13) 35.00 4.80% 147.63 248.23 60.38 12.89 84.51 90.45 50.45 7.09 32.8 1.6 8,137.50

HAYLEYS HAYL M 371.00 1.06 (2.42) 3.06 75.00 5.32% 211.25 842.63 268.58 144.31 89.90 339.83 150.67 11.24 33.0 1.8 27,825.00

HEMAS HOLDINGS HHL M 35.00 - (9.79) (19.91) 515.29 12.95% 17.70 1,180.61 261.97 311.08 311.40 296.17 291.48 2.29 15.3 2.0 18,035.17

JOHN KEELLS HOLDINGS JKH M 190.50 (2.31) (8.46) 0.79 840.55 14.44% 70.89 8,602.71 1,367.61 2,550.67 1,757.11 2,927.32 1,010.49 10.23 18.6 2.7 160,125.51

DUNAMIS CAPITAL CSEC M 15.50 (1.29) (23.88) 33.04 123.00 52.47% 11.22 724.22 11.92 16.33 345.40 350.57 98.57 5.89 2.6 1.4 1,906.45

RICHARD PIERIS RICH M 9.90 (1.00) (1.98) (9.17) 1938.24 29.48% 2.49 1,421.02 10.84 335.34 640.60 434.25 270.49 0.73 13.5 4.0 19,188.53

SUNSHINE HOLDINGS SUN M 31.00 (3.43) (12.92) (23.83) 133.33 18.73% 17.91 447.17 63.28 234.05 93.32 56.53 116.30 3.35 9.2 1.7 4,133.33

SOFTLOGI C HOLDINGS SHL M 19.50 -0.52 -11.98 -23.60 779.00 -

E XP OL AN KA H OL DINGS E XP O M 10.80 -1.82 -7.69 -24.48 1954.92 3.59 1,583.31 273.54 1,309.77 237.08 0.81 13.3 3.0

FREE LANKA CAPITAL HOLDINGS FLCH M 3.30 -5.71 -13.16 -17.50 1368.00 4.61 493.29 493.29 0.7

VALLIBEL ONE LIMITED VONE M 25.20 -0.40 -7.06 -13.79 1086.56 2.77% 19.90 598.17 - 0.55 45.8 1.3 27,381.30

FOOTWEAR AND TEXTILES 0.22 (7.08) (2.28) -23.61% (1,547.62) (148.46) (809.51) (621.19) 119.82 (89.88) na 1.45

CEYLON LEATHER CLPL M 76.70 (0.39) (9.76) (14.78) 34.23 6.38% 55.57 121.44 20.41 16.58 36.79 47.66 22.80 3.55 21.6 1.4 2,625.73

HAYLEYS - MGT MGT M 34.00 2.10 1.49 (2.86) 49.18 -97.64% 32.01 (1,537.15) (168.87) (799.53) (625.70) 56.95 (24.40) na na 1.1 1,672.03

KURUWITA TEXTILES KURU M 25.30 (2.69) (12.76) 10.00 25.00 -23.46% 58.16 (341.10) (59.12) (108.30) (48.40) (125.28) na na 0.4 632.50

ODEL ODEL M 31.70 0.31 (7.51) 2.56 144.95 12.89% 11.20 209.19 32.56 76.02 63.61 37.00 1.44 22.0 2.8 4,594.92

ORIENT GARMENTS OGL M 32.20 2.89 (1.84) (6.43) 54.92 na 105.14

HOTELS AND TRAVELS 1.82 (4.29) (3.39) 6.27% 4,743.12 505.82 3,189.87 1,183.20 1,035.71 (4.38) 35.74 2.87

City Hotels 1,999.19 475.72 1,386.33 678.11 617.40 251.79

ASIAN HOTEL & PROPERTIES AHPL M 85.00 0.58 (2.04) (4.95) 442.78 13.72% 30.98 1,882.72 296.67 803.63 456.59 325.84 188.47 4.25 20.0 2.7 37,635.90

GALADARI GHLL D 29.50 2.07 (4.82) (8.36) 182.43 7.44% 8.51 115.53 (18.43) 43.71 35.47 54.78 (39.81) 0.63 46.6 3.5 5,381.80

HOTEL DEVELOPERS HDEV M 140.00 7.69 (1.41) 12.00 45.23 25.46% -105.53 (1,215.22) na na na 6,331.65

HOTEL SERVICES SERV M 20.50 - (5.09) (2.38) 176.00 2.11% 9.06 33.68 (2.32) 52.70 (13.10) (3.60) (7.78) 0.19 107.1 2.3 3,608.00

RENUKA CITY HOTEL RENU M 330.00 (2.94) (3.51) (4.07) 7.00 22.05% 222.94 344.14 177.65 28.76 15.98 121.76 35.30 49.16 6.7 1.5 2,310.00

TAJ LANKA TAJ M 42.50 1.18 (6.52) (6.72) 139.64 7.43% 14.37 149.18 22.15 52.65 46.65 27.73 18.77 1.07 39.8 3.0 5,934.59

TRANS ASIA TRAN M 77.50 5.16 (7.63) (3.13) 200.00 14.01% 24.60 689.15 404.90 136.53 90.89 56.84 3.45 22.5 3.2 15,500.00




19/24




End (LKR) 1W(%) 1M(%) 1Q(%) Mn ROE 4Qtrs 124.29 Mar'11 Dec'10 Sept'10 Jun10 EPS PE

Resort Hotels 2,743.94 30.10 1,803.53 505.09 418.31 (256.17)

AIT. SPENCE HOTEL HOLD. AHUN M 69.00 2.99 (4.17) (6.12) 336.29 12.24% 26.74 1,100.48 85.18 590.15 272.70 152.45 (19.00) 3.27 21.1 2.6 23,204.01

AMAYA LEISURE CONN M 107.00 2.88 - (2.64) 48.03 61.90% 15.11 449.36 50.93 67.60 66.60 264.23 61.69 9.36 11.4 7.1 5,139.66

BROWNS BEACH HOTELS BBH M 16.40 1.86 (4.09) (4.09) 129.60 0.85% 20.98 23.01 29.00 (51.97) 25.00 20.98 4.21 0.18 92.4 0.8 2,125.44

CEYLON HOTELS CORP. CHOT M 30.00 3.09 (3.23) 28.21 171.83 1.36% 35.74 83.55 (21.29) 117.56 (8.27) (4.45) (12.00) 0.49 61.7 0.8 5,154.76

CONFIFI HOTEL HLDG. PALM M 215.00 2.04 0.94 0.94 7.20 -3.50% 198.47 (49.99) (63.37) 50.48 (4.49) (32.62) (37.00) na na 1.1 1,548.00

RIVERINA HOTELS BHR M 101.20 18.32 12.90 27.16 14.18 -3.06% 124.94 (54.21) (47.66) 34.27 (15.50) (25.33) (48.64) na na 0.8 1,435.19

BERUWALA WALK INN BINN D 192.00 14.76 11.11 5.84 0.90 14.72% -170.32 (22.57) (4.45) (6.94) (3.05) (8.13) (6.92) na na na 172.80

EDEN HOTELS EDEN M 41.00 2.26 (0.49) 4.62 52.80 7.23% 25.89 98.81 (21.13) 81.23 20.30 18.41 (18.42) 1.87 21.9 1.6 2,164.80

HOTEL SIGIRIYA HSIG M 68.70 2.54 (3.92) (2.97) 5.86 9.82% 32.52 18.71 4.08 3.85 5.39 5.39 0.34 3.19 21.5 2.1 402.51

HUNAS FALLS HUNA M 72.50 (4.61) (7.05) (5.84) 5.63 22.34% 13.87 17.43 5.08 2.17 2.82 7.36 2.18 3.10 23.4 5.2 407.81

KANDY HOTELS KHC M 224.90 4.40 (2.36) 0.67 16.50 0.99% 340.98 55.96 9.42 16.85 9.84 19.85 2.20 3.39 66.3 0.7 3,710.85

JOHN KEELLS HOTELS KHL M 14.60 (1.34) (5.16) (8.70) 1456.15 5.84% 7.97 677.46 7.27 521.28 206.20 (57.28) (167.95) 0.47 31.4 1.8 21,259.74

LIGHT HOUSE HOTEL LHL M 47.50 1.06 (13.64) (10.38) 46.00 3.03% 49.57 69.13 (2.62) 48.06 17.10 6.59 (11.27) 1.50 31.6 1.0 2,185.00

MIRAMAR MIRA M 241.10 19.30 (10.37) (17.23) 2.75 na 0.00 (13.10) na (13.10) na na na 663.03

MAHAWELI REACH MRH M 28.50 (2.36) (9.38) (3.65) 47.07 -39.52% 18.68 (347.42) (13.67) (161.00) (186.61) 13.85 (6.72) na na 1.5 1,341.39

NUWARA ELIYA NEH M 1500.00 0.46 (2.82) (10.27) 2.00 8.41% 779.19 131.35 0.78 49.18 24.50 56.90 12.10 65.55 22.9 1.9 3,005.81

PEGASUS PEG M 60.00 - (2.60) (8.68) 27.35 6.21% 37.29 63.31 21.67 16.05 13.24 12.35 7.21 2.31 25.9 1.6 1,641.14

REEFCOMBERS REEF M 60.00 1.18 (16.46) (18.39) 47.19 0.42% 30.10 6.00 (17.20) 15.72 5.67 1.81 (5.48) 0.13 471.7 2.0 2,831.52

ROYAL PALMS RPBH M 69.00 6.15 (2.82) (0.43) 50.00 7.46% 27.40 102.15 1.17 64.97 26.94 9.08 (3.39) 2.04 33.8 2.5 3,450.00

SIGIRIYA VILLAGE SIGV M 100.00 5.26 - 4.93 9.00 7.15% 54.91 35.34 (3.83) 21.50 6.08 11.59 (6.72) 3.93 25.5 1.8 900.00

STAFFORD/DOLPHIN STAF M 47.00 (6.06) (3.93) 12.05 31.62 5.34% 22.19 37.50 11.54 43.90 (6.71) (11.23) (5.29) 1.19 39.6 2.1 1,486.21

TANGERINE TANG M 82.00 1.23 (16.75) (8.28) 20.00 4.42% 93.95 83.00 4.70 69.46 11.55 (2.72) (12.48) 4.15 19.8 0.9 1,640.00

SERENDIB HOTELS [V] SHOT M 31.40 - 6.44 31.93 75.51 5.83% 12.66 82.41 (5.52) 75.28 15.80 (3.15) 28.26 0.74 42.5 2.5 2,371.16

SERENDIB HOTELS [NV] SHOT X M 20.00 0.50 (7.37) 20.00 36.01 5.83% 12.66 82.41 (5.52) 75.28 15.80 (3.15) 28.30 0.74 27.1 1.6 720.22

MARAWILA RESORTS MARA M 10.30 (1.90) (8.04) 0.98 122.50 1.33% 7.31 11.86 25.18 (13.31) na 0.10 106.4 1.4 1,261.75

FORTRESS RESORTS RHTL M 23.60 (1.67) (14.18) 4.42 110.89 13.41% 5.67 84.40 108.69 (24.29) na 0.76 31.0 4.2 2,616.93

INVESTMENT TRUST (2.43) (9.54) (9.16) 26.82% 6,360.23 2,550.84 955.83 364.45 2,489.12 1,028.68 7.44 1.99

ASIAN COTTON MILLS ASCO M 152.00 (5.81) 17.15 29.18 7.99 2.17% 73.36 12.70 (2.34) 46.60 (18.30) (13.26) 5.00 1.59 95.6 2.1 1,213.80

CEYLON GUARDIAN GUAR M 290.00 (1.53) (6.48) (6.30) 82.10 33.23% 138.76 3,785.80 1,714.33 492.51 184.62 1,394.34 586.00 46.11 6.3 2.1 23,808.05

CEYLON INVESTMENT CINV M 113.60 (0.96) (5.41) (9.27) 98.51 24.30% 65.33 1,564.18 699.66 97.30 767.22 317.82 15.88 7.2 1.7 11,191.29

COLOMBO FORT INV. CFI M 305.00 1.67 (3.17) 2.52 5.00 7.70% 33.82 13.03 1.54 2.85 4.50 4.14 9.91 2.61 117.1 9.0 1,525.00

COLOMBO INV. TRUST CIT M 300.00 (5.93) (6.25) 2.95 5.50 7.15% 22.85 8.99 1.47 1.54 3.60 2.38 8.40 1.63 18 3. 5 1 3. 1 1,650.00

SHAW WALLACE SHAW M 310.00 (3.13) (6.34) 12.32 5.12 0.70% 437.86 15.76 35.28 1.18 (20.70) (17.45) 3.08 100.7 0.7 1,587.37

RENUKA HOLDINGS [V] RHL M 57.00 (1.76) (10.72) 5.08 44.52 40.31% 37.99 780.04 100.97 323.15 1.30 354.62 119.00 15.31 3.7 1.3 2,537.49

RENUKA HOLDINGS [NV] RHL M 36.50 10.61 (8.75) 3.40 6.43 40.31% 37.99 780.04 100.97 323.15 1.30 354.62 119.00 15.31 2.4 0.1 234.64

WATAPOTA INVESTMENTS WAPO M 137.50 (3.97) (9.63) (29.32) 25.83 21.76% 31.97 179.73 (0.07) (9.31) 188.73 0.38 na 6.96 19.8 4.3 3,552.15BIMPUTH LANKA INVESTMENTS BLI M 4.40 (2.22) (10.20) (12.00) 1860.00 -

BROWNS INVESTMENTS PLC BIL 52.00 (4.94) (13.48) (35.00) 20.20




20/24




End (LKR) 1W(%) 1M(%) 1Q(%) Mn ROE 4Qtrs June'12 Mar'11 Dec'10 Sept'10 Jun10 EPS PE

LAND AND PROPERTY 1.80 (8.14) 15.98 5.80% 2,125.81 341.47 796.72 753.24 239.97 181.83 21.03 1.22

C T LAND CTLD M 28.00 (4.44) (6.67) (0.71) 48.75 5.92% 45.35 130.98 32.74 52.27 22.84 23.13 20.79 2.69 10.4 0.6 1,365.00

CARGO BOAT CABO M 112.00 (3.36) (8.87) (10.90) 10.20 23.01% 66.61 156.36 8.58 16.89 115.26 15.63 15.33 7.3 1.7 1,142.40

CEYLINCO HOUSING CHOU M 22.00 8.96 (6.81) 25.14 13.38 -188.39% 5.63 (141.88) (17.40) (26.76) (55.50) (42.22) (38.34) na na 3.9 294.36

CEYLINCO SEYLAN CSD M 12.60 (3.08) (8.70) 11.50 147.96 0.57% 29.65 24.96 54.95 0.45 13.09 (43.52) (25.33) 0.17 74.7 0.4 1,864.36

COLOMBO LAND CLND D 56.50 (2.77) (14.72) 55.25 199.88 0.42% 13.98 11.68 5.93 0.96 2.40 2.40 0.06 966.9 4.0 11,293.28

COMMERCIAL DEVELOP. COMD D 114.50 1.20 (0.27) 15.47 12.00 11.38% 60.38 82.46 21.19 13.64 37.69 9.94 11.00 6.87 16.7 1.9 1,374.00

EAST WEST EAST M 28.80 (0.35) (9.27) 132.79 138.24 4.28% 3.19 18.86 17.28 4.37 23.70 (26.49) 0.14 211.1 9.0 3,981.31

EQUITY ONE EQIT M 45.50 (2.99) (12.50) (7.33) 40.32 3.67% 36.19 53.58 4.17 30.60 27.93 (9.11) (7.66) 1.33 34.2 1.3 1,834.64

EQUITY TWO ETWO M 27.10 (4.91) (9.67) (9.67) 31.00 6.04% 16.47 30.84 2.45 10.91 15.51 1.96 1.10 0.99 27.2 1.6 840.10

HUEJAY HUEJ M 142.10 14.82 1.99 (3.15) 1.80 -19.42% 7.51 (2.63) (1.41) (1.21) na na na na 18.9 255.78

KELSEY DEVELOPMENTS KDL M 26.00 4.40 (5.43) 34.54 17.43 -10.70% 7.29 (13.59) (3.96) (6.66) (4.70) 1.73 0.92 na na 3.6 453.16

ON'ALLY HOLDINGS ONAL M 65.00 (7.01) (9.09) (39.81) 17.50 8.63% 58.74 88.71 13.77 56.24 9.04 9.67 10.05 5.07 12.8 1.1 1,137.55

OVERSEAS REALTY OSEA D 14.50 9.85 0.69 2.11 843.48 5.09% 20.37 874.99 162.57 124.72 499.95 87.74 160.00 1.04 14.0 0.7 12,230.52

PROPERTY DEVELOPMENT PDL D 56.50 (0.70) (11.56) 5.60 66.00 14.76% 28.46 277.28 71.00 74.91 76.18 55.20 54.90 4.20 13.4 2.0 3,729.00

S ER EN DIB L AN D S LN D M 1500.00 - (49.98) (49.98) 0.36 3.05% 567.86 6.24 1.47 1.68 1.49 1.60 17.34 86.5 2.6 540.00

YORK ARCADE YORK M 28.00 3.32 (2.44) (11.67) 12.00 13.30% 8.70 13.88 7.75 2.28 2.59 1.26 1.16 24.2 3.2 336.00

TOUCHWOOD TWOD M 21.80 (0.91) (3.96) (2.24) 71.27 18.04% 39.92 513.07 426.80 86.26 na na 7.20 3.0 0.5 1,553.69




21/24




End (LKR) 1W(%) 1M(%) 1Q(%) Mn ROE 4Qtrs June'12 Mar'11 Dec'10 Sept'10 Jun10 EPS PE

MANUFACTURING (0.72) (5.39) (3.54) 17.14% 8,256.43 2,173.41 1,255.58 2,176.80 2,639.96 1,145.30 14.23 2.44 117,505.65

ABANS ABAN M 210.50 (5.34) (15.61) (14.13) 4.26 28.85% 91.80 112.78 31.11 17.37 28.00 36.30 25.54 26.48 7.9 2.3 896.48

ACL CABLES ACL M 75.00 1.49 (4.58) - 59.89 5.69% 77.01 262.21 85.90 (8.60) 118.16 66.74 37.21 4.38 17.1 1.0 4,492.03

ACL PLASTICS APLA M 143.00 8.01 (3.70) (1.99) 4.21 14.32% 117.83 71.07 14.15 9.92 14.27 32.73 18.55 16.87 8.5 1.2 602.39

ACME ACME M 23.00 2.68 (7.26) 28.49 25.61 1.64% 16.64 6.99 (0.99) 5.74 4.63 (2.39) (8.85) 0.27 84.2 1.4 589.11

ALUFAB ALUF M 40.20 (4.73) (40.03) (72.09) 12.06 -3.16% -4.01 1.53 0.47 (0.48) 1.19 0.34 0.14 0.13 317.8 na 484.74

BLUE DIAMONDS [V] BLUE M 8.80 - (1.12) 17.33 103.30 1.79% 1.25 5.76 22.33 (11.77) 1.74 (6.54) (3.52) 0.02 391.8 7.0 909.05

BLUE DIAMONDS [NV] BLUE X M 3.90 (4.88) (2.50) 105.26 153.37 1.79% 1.25 5.77 22.33 (11.77) 1.74 (6.54) (3.52) 0.02 173.6 3.1 598.14

BOGALA GRAPHITE BOGA D 42.70 (2.95) (12.86) (16.76) 47.32 12.51% 3.35 19.85 3.49 2.42 21.45 (7.51) 30.17 0.42 10 1. 8 1 2. 7 2,020.41

CENTRAL INDUSTRIES CIND M 83.00 (6.64) (3.49) (2.35) 9.88 9.72% 1.34 79.05 18.51 24.01 23.26 13.27 13.49 8.00 10.4 1.0 820.39

GRAIN ELEVATORS GRAN D 100.10 (1.57) (7.89) (4.56) 60.00 23.68% 37.27 529.65 84.84 94.33 205.49 144.99 96.00 8.83 11.3 2.7 6,006.00

CHEVRON LUBRICANTS LLUB D 165.00 3.75 3.75 7.30 120.00 55.84% 23.11 1,548.52 422.63 413.10 317.68 395.11 413.49 12.90 12.8 7.1 19,800.00

DANKOTUWA DPL D 27.50 (6.76) (21.14) (26.79) 72.25 -2.53% 10.46 (19.14) (32.52) (16.29) 18.62 11.06 (15.57) na na 2.6 1,986.76

DIPPED PRODUCTS DIPD M 113.00 (1.91) (7.15) 17.59 59.86 19.75% 65.97 779.82 390.37 122.97 171.20 95.28 57.16 13.03 8.7 1.7 6,764.35

HAYLEYS EXPORTS HEXP M 38.10 0.26 (10.77) (3.79) 8.00 -10.35% 41.84 (34.65) (7.51) (26.63) (2.60) 2.08 (22.33) na na 0.9 304.80

KELANI CABLES KCAB M 82.70 (6.24) (8.11) (8.11) 21.80 10.24% 77.02 171.90 48.78 53.33 47.39 22.40 5.67 7.89 10.5 1.1 1,802.86

KELANI TYRES TYRE M 41.50 (3.71) (6.74) (2.35) 80.40 17.41% 15.45 216.19 18.91 54.16 74.94 68.18 65.67 2.69 15.4 2.7 3,336.60

LANKA ALUMINIUM LALU M 42.10 (0.24) (18.57) (21.16) 13.70 4.56% 30.74 19.19 (5.43) 2.98 9.07 12.57 (5.82) 1.40 30.1 1.4 576.89

LANKA CEMENT LCEM D 20.00 (4.31) (18.03) 1.01 173.51 -15.00% 0.42 (10.96) (3.73) (2.35) (1.44) (3.44) na na na 47.5 3,470.21

LANKA CERAMIC CERA M 92.10 0.88 (5.54) (10.76) 30.00 16.18% 75.84 368.08 34.90 103.93 136.05 93.20 (73.79) 12.27 7.5 1.2 2,763.00

LANKA TILES TILE M 95.10 0.11 0.11 (10.54) 53.05 20.67% 43.03 471.77 69.33 149.73 148.58 104.13 103.56 8.89 10.7 2.2 5,045.09

LANKA WALLTILES LWL M 105.00 (1.87) (5.15) (4.98) 54.60 17.02% 63.74 592.48 53.97 161.11 226.80 150.60 (130.64) 10.85 9.7 1.6 5,733.00

LAXAPANA LITE M 13.00 - 12.07 19.27 39.00 1.29% 6.69 3.37 (3.38) 5.46 0.57 0.72 2.04 0.09 150.4 1.9 507.00

PARQUET PARQ M 23.00 9.52 (3.36) (11.54) 27.37 -2.99% 20.22 (16.57) (22.32) 3.64 17.32 (15.20) 0.87 na na 1.1 629.56

PELWATTE SUGAR SUGA M 28.90 (0.34) (16.95) (10.53) 67.98 -62.15% 9.34 (394.42) 83.66 (723.45) (168.72) 414.09 (197.69) na na 3.1 1,964.53

PIRAMAL GLASS GLAS M 7.80 (2.50) (3.70) (4.88) 950.09 22.72% 3.09 666.86 141.29 178.47 190.10 157.00 53.18 0.70 11.1 2.5 7,410.67

PRINT CARE CARE M 37.20 (1.06) (10.77) (1.06) 85.97 20.30% 11.83 206.43 38.13 47.03 60.58 60.70 38.28 2.40 15.5 3.1 3,197.96

REGNIS REG D 449.90 (7.54) 12.42 168.63 4.83 16.08% 104.47 81.13 18.01 27.44 21.81 13.87 15.71 16.80 26.8 4.3 2,172.60

RICH PIERIS EXPORTS REXP M 28.50 3.64 (3.72) (24.60) 11.16 55.77% -10.73 (66.79) (11.03) (69.15) (1.18) 14.58 (16.75) na na na 318.17

ROYAL CERAMICS RCL M 138.80 1.34 2.25 (7.48) 110.79 28.12% 47.12 1,468.11 391.48 439.69 412.89 224.05 382.45 13.25 10.5 2.9 15,377.57

SAMSON INTERNATIONAL SIL M 159.60 11.14 11.14 68.22 3.85 -12.40% 88.60 (42.27) 1.27 (13.43) (12.53) (17.58) (6.36) na na 1.8 614.14

SINGER INDUSTRIES SINI D 250.00 (2.84) (8.19) 3.95 3.85 20.11% 222.01 171.76 23.85 27.59 (31.31) 151.63 0.88 44.65 5.6 1.1 961.58

TOKYO CEMENT [V] TKYO M 44.40 (1.33) (11.20) (12.94) 202.50 14.22% 19.21 829.26 214.08 128.20 192.69 294.30 240.55 2.73 16.3 2.3 8,991.00

TOKYO CEMENT [NV] TKYO X M 35.60 1.14 (6.60) (9.92) 101.25 14.22% 19.21 829.26 214.08 128.20 192.69 294.30 240.55 2.73 13.0 1.2 3,604.50

SIERRA CABLES SIRA M 4.20 (4.55) (8.70) - 537.51 3.62% 2.50 48.61 48.87 55.10 (69.88) 14.52 15.32 0.09 46.4 1.7 2,257.55

TEXTU RE D JER SE Y TJL M 11.3 (5.00) (14.93) - 655.00 143.97




22/24




End (LKR) 1W(%) 1M(%) 1Q(%) Mn ROE 4Qtrs Mar'11 Dec'10 Sept'10 Jun10 EPS PE

MOTORS 2.93 (3.71) (14.79) 39.87% 5,105.13 1,528.35 1,119.78 1,741.60 715.40 415.34 7.88 3.14

AUTODROME AUTO M 896.60 0.18 14.06 12.08 1.20 9.12% 448.08 49.03 10.27 12.00 15.40 11.37 10.00 40.86 21.9 2.0 1,075.92

COLONIAL MOTORS COLO M 475.00 (1.50) (0.46) 66.13 9.12 20.48% 168.39 314.64 143.01 112.89 46.20 12.54 25.38 34.48 13.8 2.8 4,334.05

DIMO DIMO M 1310.00 6.30 (2.36) 0.90 8.88 55.66% 522.31 2,580.31 636.40 664.37 973.90 305.64 151.20 290.69 4.5 2.5 11,628.13

LANKA ASHOK ASHO M 3000.00 - (9.09) (49.31) 3.62 53.99% 390.25 762.90 279.00 (66.90) 321.60 229.20 157.03 210.70 14.2 7.7 10,862.53

SATHOSA MOTORS SMOT M 270.00 (3.37) (23.11) 12.46 6.03 29.33% 83.90 148.48 49.22 53.38 22.60 23.27 11.03 24.61 11.0 3.2 1,629.08

UNITED MOTORS UML M 158.90 5.67 1.87 15.97 67.27 29.93% 62.08 1,249.77 410.45 344.04 361.90 133.38 60.69 18.58 8.6 2.6 10,688.74

OIL PALMS (0.01) (3.41) (2.15) 36.79% 7,278.64 3,110.83 1,055.89 641.52 2,470.41 1,614.30 18.8 6.9

BUKIT DARAH BUKI M 1030.00 0.39 (3.84) (1.48) 102.00 47.40% 138.84 6,712.64 2,943.95 900.51 506.83 2,361.36 1,363.50 65.81 15.7 7.4 105,060.00

GOOD HOPE GOOD M 1180.10 (0.43) (0.17) 0.01 6.87 8.31% 220.00 125.67 33.40 34.46 31.63 26.18 67.96 18.29 64.5 5.4 8,108.83

INDO MALAY INDO M 1390.00 - - (0.36) 7.00 7.93% 184.79 102.51 26.20 28.15 25.40 22.76 55.30 14.65 94.9 7.5 9,727.78

SELINSING SELI M 1100.00 (0.05) (2.23) (15.38) 6.94 9.36% 313.37 203.46 68.41 54.32 45.22 35.51 70.01 29.32 37.5 3.5 7,634.09SHALIMAR SHAL M 885.00 (5.84) (6.83) 0.01 6.94 8.23% 235.13 134.36 38.87 38.46 32.43 24.60 57.53 19.36 45.7 3.8 6,141.97

PLANTATIONS 1.92 (10.41) (23.76) 19.94% 3,981.17 (629.58) 2,381.06 1,566.98 662.72 910.53 7.5 1.49

AGALAWATTE AGAL D 53.00 20.45 1.73 (12.83) 25.00 29.82% 31.39 234.03 (22.36) 121.4 76.05 58.90 (15.43) 9.36 5.7 1.7 1,325.00

BALANGODA BALA D 32.50 (0.91) (10.41) (29.53) 23.64 17.12% 61.72 249.77 84.16 132.3 34.56 (1.25) 84.00 10.57 3.1 0.5 768.18

BOGAWANTALAWA BOPL M 14.70 (2.58) (9.04) (12.72) 83.75 -1.23% 11.39 (11.78) (44.18) 62.9 69.15 (99.64) 28.59 na na 1.3 1,231.13

HAPUGASTENNE HAPU D 59.10 9.24 (4.68) (17.92) 46.32 6.50% 31.02 93.33 (35.60) 53.7 0.12 75.11 117.73 2.02 29.3 1.9 2,737.26

HORANA HOPL M 39.50 6.47 (1.00) (38.66) 25.00 31.13% 41.91 326.17 (13.30) 154.9 135.31 49.22 (13.72) 13.05 3.0 0.9 987.50

KAHAWATTE KAHA D 26.20 (4.03) (11.19) (24.28) 79.89 20.75% 13.05 216.34 (115.74) 141.4 68.57 122.07 49.50 2.71 9.7 2.0 2,093.11

KEGALLE KGAL M 115.00 - (20.55) (32.43) 25.00 30.20% 98.51 743.81 31.37 270.1 227.41 214.90 125.31 29.75 3.9 1.2 2,875.00

KELANI VALLEY KVAL D 92.60 (6.46) (15.66) (32.90) 34.00 20.95% 55.90 398.23 (49.26) 246.2 165.19 36.07 7.39 11.71 7.9 1.7 3,148.40

KOTAGALA KOTA M 92.50 14.91 (0.54) (25.22) 32.00 28.79% 69.34 638.89 26.37 175.5 238.61 198.38 55.77 19.97 4.6 1.3 2,960.00

MADULSIMA MADU D 15.40 (3.73) (18.85) (34.32) 29.00 -13.37% 57.63 (223.47) (116.86) 37.5 (50.08) (94.01) 14.59 na na 0.3 446.60

MALWATTE VALLEY MAL D 6.20 (1.61) (7.58) (6.15) 224.59 22.70% 9.12 464.96 92.61 198.6 101.13 72.58 175.99 2.07 3.0 0.7 1,392.46

MASKELIYA MASK M 25.00 4.09 (6.53) (4.58) 26.98 -41.67% 25.61 (287.88) (317.75) 30.9 57.27 (58.34) 12.07 na na 1.0 674.42

NAMUNUKULA NAMU M 80.00 (6.13) (14.76) (27.86) 23.75 25.26% 54.56 327.24 1.26 100.7 116.76 108.56 83.35 13.78 5.8 1.5 1,900.00

TALAWAKELLE TPL D 29.20 (0.68) (9.03) (21.93) 23.75 8.24% 46.62 91.20 (75.79) 71.8 101.93 (6.76) (2.80) 3.84 7.6 0.6 693.50

UDAPUSSELLAWA UDPL D 38.90 (6.71) (7.38) 9.58 19.40 1.36% 21.22 5.58 (33.79) (9.2) 36.28 12.24 41.99 0.29 135.2 1.8 754.62

WATAWALA PLANTATIONS WATA M 15.10 2.03 (13.71) (24.88) 236.67 17.69% 10.88 455.54 (40.73) 296.8 188.73 10.72 146.20 1.92 7.8 1.4 3,573.67

ELPITIYA ELPL M 22.00 4.76 (10.93) (17.29) 72.87 18.44% 18.71 251.44 251.4 na na 3.45 6.4 1.2 1,603.06

MET.RES.HOL MPRH M 29.40 11.02 (3.55) 4.62 17.26 1.14% 39.52 7.77 43.8 (36.02) na 0.45 65.3 0.7 507.59

HEALTH SERVICES (1.52) (4.29) 10.13 5.73% 958.19 308.85 182.66 295.63 171.04 1,160.44 37.5 2.15

ASIRI CENTRAL ASHA M 205.00 0.49 9.80 17.14 22.33 -9.82% 45.0 (176.52) -60.5 (116.04) na na na 2.5 4,578.46

ASIRI SURGICAL AMSL M 7.90 (1.25) (5.95) 3.95 528.46 13.08% 3.8 291.69 89.7 90.0 51.4 60.65 85.29 0.55 14.3 1.9 4,174.81

ASIRI HOSPITAL ASIR M 9.00 - (8.16) 7.14 889.26 8.52% 2.9 238.85 73.8 64.3 77.3 23.38 24.59 0.27 33.5 2.9 8,003.37CEYLON HOSPITALS [V] CHL M 85.10 (10.33) (1.85) (10.33) 25.53 4.39% 72.7 89.42 38.5 (3.836) 40.637 50.92 40.30 2.64 32.2 1.4 2,172.37

CEYLON HOSPITALS [NV] CHL X M 67.00 (0.15) (6.56) (16.38) 8.35 1.89% 72.7 38.50 38.5 (3.836) 40.637 40.30 2.64 25.4 0.9 559.15

LANKA HOSPITALS LHCL M 49.00 (2.40) (8.26) 22.56 223.73 10.54% 9.8 301.63 66.2 65.2 106.0 64.30 67.96 1.35 36.3 3.8 10,962.88

NAWALOKA NHL M 3.90 - - 2.56 1409.51 5.87% 2.0 174.62 2.2 23.7 60.9 87.83 902.00 0.12 31.5 1.8 5,497.07

Net ProfitsPrice Performance



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The report has been prepared by Asia Wealth (Private) Limited. The information and opinions contained herein has been compiled or arrived at based upon information obtained from sources believed to be reliable and in good faith. Such information has notbeen independently verified and no guaranty, representation or warranty, express or implied is made as to its accuracy, completeness or correctnes s, reliability or suitability. All such information and opinions are subject to change without notice. This

document is for information purposes only, descriptions of any company 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 or

sell any securities or other financial instruments. In no event will Asia Securities be liable for any loss or damage including without limitation, indirect or consequential loss or damage, 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.

Asia Securities may to the extent permissible by applicable law or regulation use the above material conclusions research or analysis in which they are based before the material is disseminated to their customers Not all customers will receive the material

Senior AnalystAmali Perera (94-11)5320256 [email protected]

CorporatesMinoli Mallwaarachchi (94-11)5320259

Nirmala Samarawickrama (94-11)5320253

Dilan Wijekoon (94-11)5320253

Thilina Ukwatta (94-11)5320253

Shan Silva (94-11)5320251

Institutional SalesSabri Marikar (94-11) 5320224 077 3-576868 [email protected]

Niroshan Wijayakoon (94-11) 5320208 0777-713645 [email protected]

Niyaz Aboobucker (94-11) 5320213 0777-727352 [email protected]

Anura Hedigallage (94-11) 5320211 0777 -713663 [email protected]

Chelaka Hapugoda (94-11) 5320240 0777 -256740 [email protected]

Chaminda Mahanama (94-11) 5320223 0777 -556582 [email protected]

Hiran Bibile (94-11) 5320238 0777 -352032 [email protected]

Arshwin Amarasekara (94-11) 5320215 0773 -717220 [email protected]

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

M G Suranjana (011)-5763539 0773-954994

Kiribathgoda Level 2-6,Udeshi City Shopping complex, No 94,Makola Rd,Kiribathgoda Danushka Boteju (011)-5634803 0716-270527 [email protected]

Suranga Harshana (011)-5734773 0783-452500 [email protected]

Kurunegala Union Assurance Building, No.6,1st Floor, Rajapilla Rd, Kurunagala. Asanka Samarakoon (037)-5628844 0773-690749 [email protected]

Gayan Nishsanka (037)-5642717 0777-105356 [email protected]

Bandula Lansakkara (037)-5643580 0773-925852

Matara E.H.Cooray Building, Mezzanine Floor, No:24, Anagarika Darmapala Mw, Sumeda Jayawardena (041)-5677525 0773-687027 [email protected]

Matara Lalinda Liyanapathirana (041)-5677526 0778-628798 [email protected]

Galle Peoples Leasing Building, 2nd Floor, No.118,Matara Road, Galle Ruchira Hasantha (091)-5629998 0773-687027 [email protected]

Ushan Sachith (091)-5676767 0778-628798 [email protected]

Negombo Asia Asset Finance, 171/1, Station Road, Negombo. Uthpala Karunatilake (031)-5676881 0773-691685 [email protected]

Negombo Asia Asset Finance, 171/1, Station Road, Negombo. Uthpala Karunatilake (031)-5676881 0773-691685 [email protected]

Gayan Perera (031)-5676880 0772-544044 [email protected]

Service CentersKandy k3-L1,Level 01,kcc, No 5 ,Dalda Veediya, Kandy. Nilupul Hettiarachchi (081)-5628500 0773-691816 [email protected]

Radhika Hettiarachchi (081)-5625577 0777-810694 [email protected]

Hambantota Hambanthota Chamber of Commerce, Thangalle Road, Hambantota. Gayan Sanjeewa (047)-5679240 0715-536309 [email protected]

Anusha Muthumali (047)-5679241 0772-351716 [email protected]

Shermin Ranasinghe 0772-378352 [email protected]

Ampara 2nd

Floor, T.K.S. Building, D.S. Senanayake Street, Ampara. Ravi De Mel (063)-5679071 0772-681995 [email protected]

Madushanka Rathnayaka (063)-5679070 0779-036577 [email protected]

Jaffna 11-8, First Floor, Stanley Road, Jaffna Gratian Nirmalan (021)-5671800 0777-567933 [email protected]

S.Puviraj (021)-5671801 0775-096969 [email protected]

Wennappuwa Asia Asset Finance, No.176, Negombo Road, Katuneriya. Sajith Iroshan (032)- 5673881 0773-740208 [email protected]

Sandun Athulathmudali (032)- 5673882 0772-533331 [email protected]

Moratuwa Asia Asset Finance, No.18, New De Zoysa Rd, Moratuwa. Hashan Lalantha (011)-5238662 [email protected]

Charith Perera (011)-5238663 [email protected]

Panadura Asian Alliance Building, 293, Galle Road, Panadura Ranganath Wijetunga (038)-5670400 0715-120723 [email protected]

Asanka Chaminda (038)-5670407 0713-559552 [email protected]

EconomyDhanusha Pathirana (94-11)5320254

Travis Gomez (94-11)5320000

StatisticianNuwan Pradeep (94-11)5320257

The report has been prepared by Asia Wealth (Private) Limited. The information and opinions contained herein has been compiled or arrived at based upon information obtained from sources believed 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, rel iability or suitability. All such information and opinions are subject to change without notice. This

document is for information purposes only, descriptions of any company 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 or

sell any securities or other financial instruments. In no event will Asia Securities be liable for any loss or damage including without limitation, indirect or consequential loss or damage, 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.

Asia Securities may, to the extent permissible by applicable law or regulation, use the above material, conclusions, research or analysis in which they are based before the material is disseminated to their customers. Not all customers will receive the material

Research

Retail SalesShiyam Subaulla (011)- 5320218 0773-502016 [email protected]

Gagani Jayawardhana (011)- 5320236 0714-084953 [email protected]

Priyantha Hingurage (011)- 5320217 0773-502015 [email protected]

Neluka Rodrigo (011)- 5320214 0777-366280 [email protected]

Subeeth Perera (011)- 5320227 0714-042683 [email protected]

Sales
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ASIA Weekly 41

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