EquityLK

Institutional-grade insight for Sri Lankan investors. Deep research on every listed company, portfolio tracking and news sentiment. Free to use.

[EquityLK @EquityLK]

CSE close, 5 Oct

ASPI 20,644.26 (-0.81%)
S&P SL20 5,847.02 (-0.62%)
Turnover Rs 3.2bn
Foreign net outflow Rs 112m
Movers: JKH -1.1%

https://t.co/ZwAPzFq1JL
#CSE #ASPI

[EquityLK @EquityLK]

Morning brief, 5 Oct

The Central Bank held the Overnight Policy Rate at 8.75% as September inflation remained 8%. The rupee had depreciated 6.3% year-to-date by end-September. IMF staff reached a Seventh Review agreement.

https://t.co/RdFj74wWmu
#CSE #SriLanka

[EquityLK @EquityLK]

Going ex-dividend next week, 5 Oct to 9 Oct

Wed 7: ACL Rs 0.60
Fri 9: HAYC Rs 1.00, DIPD Rs 0.96, TPL Rs 0.80, SINS Rs 0.34, MGT Rs 0.27, ALUM Rs 0.20, KVAL Rs 0.20

https://t.co/ZwAPzFq1JL
#CSE #Dividends

[EquityLK @EquityLK]

LOLC Holdings Plc (LOLC): Evidence points to a stronger company than the moderately undervalued price suggests, as June-quarter profit more than doubled year-on-year. The catch is lender leverage of 2.55 times equity.

Stance: bullish
https://t.co/0jkwSHKwe8
#CSE #LOLC

[EquityLK @EquityLK]

Pan Asia Banking Corporation PLC (PABC): Evidence points bullish: June profit rose 27.9% as the financing and tax drag eased, while the share is inexpensive against filed earnings and book value.

Stance: bullish
https://t.co/92s5aeHDqU
#CSE #PABC

[EquityLK @EquityLK]

WLTH: Evidence points bearish: June's LKR 455 million loss follows a profitable audited year, weakening the earnings behind the valuation. The counterpoint is that the March year earned LKR 541 million.

Stance: bearish
https://t.co/paRctpspkV
#CSE #WLTH

[EquityLK @EquityLK]

Sampath Bank PLC (SAMP): Evidence points to a stronger bank at an undemanding valuation: June-quarter profit rose 64.6% as margins reached a record for June. The main counterweight is a sharp increase in impairment charges.

Stance: bullish
https://t.co/gmkbItHH0y
#CSE #SAMP

[EquityLK @EquityLK]

CSE this week, 28 Sep to 2 Oct

ASPI 20,812.64 (-1.07%)
S&P SL20 5,883.50 (-0.96%)
Average daily turnover Rs 1.1bn
Foreign net outflow Rs 274m
Best and worst: SCAP -3.0%

https://t.co/ZwAPzFq1JL
#CSE #ASPI

[EquityLK @EquityLK]

CSE close, 2 Oct

ASPI 20,812.64 (-0.33%)
S&P SL20 5,883.50 (-0.31%)
Turnover Rs 873m
Foreign net outflow Rs 140m
Movers: TAP -4.3%

https://t.co/ZwAPzFq1JL
#CSE #ASPI

[EquityLK @EquityLK]

Lanka Walltile Plc (LWL) announced: Rights issue (8:17) at LKR 39/share.

https://t.co/ZvJkSzETM3
#CSE #LWL

[EquityLK @EquityLK]

Morning brief, 2 Oct

The Central Bank held the Overnight Policy Rate at 8.75% as September inflation stayed at 8.0%. Foreign exchange regulations were approved to manage outflows and allow gradual relaxation.

https://t.co/RdFj74wWmu
#CSE #SriLanka

[EquityLK @EquityLK]

CSE close, 1 Oct

ASPI 20,880.90 (+0.33%)
S&P SL20 5,901.65 (+0.13%)
Turnover Rs 1.4bn
Foreign net outflow Rs 94m
Movers: SEMB +9.1%

https://t.co/ZwAPzFq1JL
#CSE #ASPI

[EquityLK @EquityLK]

Nations Trust Bank Plc (NTB): Evidence points to a stronger bank at an undervalued price: June-quarter profit more than doubled as the HSBC retail acquisition lifted lending.

Stance: bullish
https://t.co/mqVNKlkoXc
#CSE #NTB

[EquityLK @EquityLK]

Hatton National Bank PLC (HNB): The evidence points bullish: operating profit grew 35.2%, while the shares remain in the CSE's undervalued band. The catch is that June net profit rose only 0.8%.

Stance: bullish
https://t.co/fu1W6ElRZi
#CSE #HNB

[EquityLK @EquityLK]

Morning brief, 30 Sep

The Central Bank held the Overnight Policy Rate at 8.75% as headline inflation reached 8.0%. Treasury bill and secondary bond yields generally rose. The rupee closed near 330.70/90 against the US dollar.

https://t.co/RdFj74wWmu
#CSE #SriLanka

[EquityLK @EquityLK]

CSE close, 29 Sep

ASPI 20,817.82 (-0.60%)
S&P SL20 5,896.40 (-0.41%)
Turnover Rs 1.0bn
Foreign net inflow Rs 20m
Movers: YORK -23.4%

https://t.co/ZwAPzFq1JL
#CSE #ASPI

[EquityLK @EquityLK]

WindForce PLC withdrew its initial listing application for a proposed green bond (up to 40 million bonds to raise Rs 4 billion) due to adverse market conditions.

https://t.co/fyAfm69ULc
#CSE #WIND

[EquityLK @EquityLK]

Bairaha Farms Plc (BFL): Evidence points bullish: Bairaha returned to profit in the June quarter as sales grew 20.6%. The counterweight is a P/B more expensive than 88% of days since January 2019.

Stance: bullish
https://t.co/KGUudy9myO
#CSE #BFL

[EquityLK @EquityLK]

Vidullanka PLC (VLL): Evidence points bullish because June-quarter profit rose 84.5% and its like-for-like net-income margin was the best June result on record. The catch is a fairly valued score of 43 and sharply higher debt.

Stance: bullish
https://t.co/TvYL7XtsMI
#CSE #VLL

[EquityLK @EquityLK]

CSE close, 28 Sep

ASPI 20,943.79 (-0.44%)
S&P SL20 5,920.72 (-0.34%)
Turnover Rs 596m
Foreign net inflow Rs 7.9m
Movers: SIRA -1.1%

https://t.co/ZwAPzFq1JL
#CSE #ASPI