Sri Lanka Stock Market Weekly 38

07th October 2011
7th October 2011
Volume 32
Sri Lanka Focus
ASIA RESEARCH TEAM 1
Focus
Colombo Stock Exchange
Weekly Report by Asia Wealth Management Research
IN THIS ISSUE;
ASI Daily Closing

(ASI)
Market continues a bear Run......

Colombo bourse extended its lethargic motion to a
new month despite ending credit clearance.
Pg 2
(LKR mn)
6896
6685
5730
6722
4775
3820
6548
Analysis of Various Warrants Listed on the CSE
2865
Comparison of the warrants trading price with its

6374
intrinsic value (derived through the Black Scholes Weekly
Call option
Report by A sia Wea lth Mana gem ent Resear ch
valuation method)
Pg 3
1910
955
6200
Asia Wealths Billion Rupee Club
Pg 4
0
20- 21- 22- 23- 26- 27- 28- 29- 30- 3- 4- 5- 6- 7Sep Sep Sep Sep Sep Sep Sep Sep Sep Oct Oct Oct Oct Oct
Turnover (RHS)
ASI closing (LHS)
Market Statistics
Commodity Prices
Weekly overview of commodity trading
Pg 5
Strong Performance on Thin Turnovers.

Activities became fragile during the week as our high
net worth and the corporate investors adopted a virtually negative
approach towards investing.
Pg 6
All Share Index

Milanka Price Index
Banking & Finance
Food & Beverage
Diversified
Hotels & Travels
Telecommunication
Manufacturing
Market Capitalisation
(LKR bn)
(USD bn)
Turnover
(LKR mn)
(USD mn)
Average Daily Turnover (LKR mn)
Volume
(mn shares)
Foreign Purchases
(LKR mn)
Foreign Sales
(LKR mn)
Major Price Movements
7-Oct
30-Sep
6698.83
5978.14
16029.83
11976.8
2147.36
4338.72
180.44
3567.02
2,405.6
21.8
8,913.9
80.9
1,782.8
401.9
746.4
1,126.9
6783.55
6045.11
16377.36
12008.75
2185.13
4417.75
173.98
3615.36
2,435.5
22.2
9,497.6
86.4
1,899.5
424.4
393.6
795.8
Large Trades
Company
Price
+/-LKR
+/- %
Volume
Seylan Merchant Bank (W16)

Citrus Leisure (W19)
Alliance Finance Company
Citrus Leisure (W18)
Radiant Gems
Samson Internat.
Seylan Merchant Bank (X)
Ceylon & Foreign Trades
Abans Financial Services
E- Channeling
Asiri Central Hospitals
Laugfs Gas
0.4
19.6
850.0
26.0
170.0
150.0
0.8
10.8
81.5
9.7
230.0
50.0
-1.0
-14.4
-349.8
-8.0
-51.0
-25.0
0.1
1.4
11.5
1.4
34.0
9.0
-71.4
-42.4
-29.2
-23.5
-23.1
-14.3
14.3
14.9
16.4
16.9
17.3
22.0
19,725,400
1,357,500
1,800
1,357,500
694,600
1,100
4,483,900
19,169,100
229,900
62,673,100
36,700
21,106,800
Company
E-Channelling
Blue Diamonds( Non Voting)
Panasian Power
Laugfs Gas
Ceylon & Foreign Trades
Seylan Merchant Bank( W : 0016)
Blue Diamonds
Dialog Axiata
Seylan Merchant Bank
Tess Agro
Renuka Agri
Laxapana Batteries
Volume
62,673,100
39,033,100
24,621,900
21,106,800
19,169,100
16,590,700
14,241,600
12,884,100
12,279,600
11,707,500
10,372,100
10,305,900
Sri Lanka Focus
07th October 2011
The Week in FOCUS

Market continues a bear Run......
Colombo bourse extended its lethargic motion to a new month despite ending credit clearance. The weekly trades
were dominated by retailers soughting for speculative counters while institutions adopting a strategy of
accumulating fundamentally sound stocks which are currently trading with substantial discounts. However, the week
closed showing a slight revival in both the indices and registering a mere net inflow during Fridays trading.
The benchmark All Share Index dipped 84.7 points WoW to close at 6,698.8 points (-1.2%), whilst the more liquid
Milanka Price Index also dipped 67.0 points WoW to close at 5,978.1 points (-1.1%). The All Share Index dipped
mainly on the back of the losses made by Lanka Orix Leasing (-7.1% WoW), Commercial Bank of Ceylon (-3.4%
WoW), John Keells Holdings (-1.7% WoW), Bukit Darah (-1.9% WoW), Trans Asia (-8.9% WoW) and Singer Sri Lanka
(-6.4% WoW).
The Colombo bourse entered a fresh month further dragging down indices, concluding a very volatile month of
September breaking the history of super September. The month of September has been historically known as CSEs
best, but this year bourse failed to meets with its historical trend. Nevertheless, CSE still remains as the Asias best
performing frontier market with a year to date growth of 0.9%, being aided through favourable macroeconomic
settings. This is in contrast to sharp plunges by other Asian bourses such as Bangladesh (down 28%), Hong Kong
(down 22%), India (down 19%), and Singapore (down 18%).
The market recorded an average daily turnover of LKR1.8bn over the past week, together with an average daily
volume of 80.4mn.
Laugfs Gas (Voting) topped the turnover list for the week on the back of high net worth and institutional investor
drive, delivering a convincing 22% price appreciation. This has contributed almost 11% to the weekly total turnover,
being carried away by the positive prospects to the company via the explored gas deposit in Mannar basin. The
second most active stock for the week was Regnis (Lanka), which has attracted a significant retailer and high net
worth interest to close with a WoW price gain of 12.5%. Similarly, retailer favourite E-Channelling also contributed
heavily to the weekly trades which also became the highest volume traded counter for the week covering almost 16%
of the weekly volume. More significantly, the heavy weight John Keells Holdings gave a convincing contribution
being aided by institutional investors, even though concluded with a marginal WoW price dip of 1.7%. Furthermore,
representing the motor sector prospects, Colonial Motors appeared amongst high contributors for the week, yielding
a price gain of 6%.
Apart from the above, high volume contributors for the week were E-Channelling, Blue Diamonds (Non Voting),
Panasian Power, Laugfs Gas (Voting) and Ceylon & Foreign Trades.
During the week, Peoples Leasing Company, the largest leasing company in Sri Lanka officially announced their IPO to
raise capital amounting to LKR7.02 billion.
The week saw a net foreign outflow of LKR380.5mn where foreign purchases amounted to LKR746.4mn
Whilst, foreign sales amounted to LKR1,126.9 mn.
07th October 2011
Sri Lanka Focus
Features
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.
Warrants Valuation
Exercise
price
CLPL-W-0013
CLPL-W-0014
GREG-W-0002
GREG-W-0003
GREG-W-0006
REEF-W-0017
REEF-W-0018
REEF-W-0019
SEMB-W-0015
SEMB-W-0016
118.0
142.0
33.0
36.0
39.0
30.0
30.0
40.0
1.0
0.8
Share Price
Expiry Date
(2011/10/07)
80.1
80.1
60.2
60.2
60.2
61.1
61.1
61.1
2.6
0.8
25/08/2014
25/08/2015
24/02/2012
24/02/2014
24/02/2015
15/10/2011
30/06/2012
15/06/2015
12/12/2011
12/12/2011
Warrant Price
(2011/10/07)
11
11.5
27.7
25.5
23.8
32.9
25.6
20
1.4
0.3
Price According to Black

Scholes model (Intrinsic
value)
0.0070
0.0001
28.2646
30.5125
30.5114
31.1884
32.8649
31.3863
1.6164
0.0174
Undervalued/
(Overvalued)
(12.19)
(12.00)
(1.64)
3.51
4.21
(2.81)
4.96
10.49
0.22
(0.38)
Sri Lanka Focus
07th October 2011
Colombo Bourses Billion Rupee Club

Table below shows the club of 39 members who have qualified to be a part of Asia Wealth Researchs Billion Rupee
Club. The eligibility criteria lie with their earnings reaching LKR1 bn mark. The list will be refreshed on a quarterly
basis identifying the new qualifying members whilst eliminating the disqualifying.
Company
JOHN KEELLS HOLDINGS
DISTILLERIES
COMMERCIAL BANK
CARSON CUMBERBATCH
BUKIT DARAH
CEYLON TOBACCO
DIALOG TELEKOM
HNB
SRI LANKA TELECOM
LOLC
SAMPATH BANK
CEYLON GUARDIAN
AITKEN SPENCE
DIMO
DFCC BANK
NDB
NESTLE LANKA
COLOMBO DOCKYARD
CENTRAL FINANCE
BROWNS
AHOT PROPERTIES
EXPOLANKA HOLDINGS
CEYLON INVESTMENT
CHEVRON LUBRICANTS
CEYLON TEA SERVICES
ROYAL CERAMICS
CEYLINCO INSURANCE
RICHARD PIERIS
NATIONS TRUST BANK
UNITED MOTORS
LANKA ORIX FINANCE
CEYLON THEATRES
LB FINANCE
HEMAS HOLDINGS
CARGILLS
LION BREWERY
AIT. SPENCE HOTEL HOLD.
UNION ASSURANCE
COLOMBO FORT LAND
Trailing ROE
14.44%
26.17%
19.80%
28.34%
47.40%
191.82%
17.66%
17.35%
9.77%
32.74%
22.72%
33.23%
12.23%
55.66%
88.28%
15.12%
114.96%
28.18%
18.27%
12.88%
13.72%
24.30%
55.84%
23.54%
28.12%
17.33%
29.48%
16.98%
29.93%
35.46%
10.36%
40.11%
12.95%
15.61%
20.79%
12.24%
41.08%
23.45%
Net Profit 4qtr

LKR mn
8,602.71
8,602.28
7,235.20
7,136.10
6,712.64
5,977.00
5,511.17
5,430.54
5,006.00
4,839.06
4,254.78
3,785.80
2,647.17
2,580.31
2,449.49
2,417.52
2,252.96
2,211.53
2,092.34
1,968.09
1,882.72
1,583.31
1,564.18
1,548.52
1,506.87
1,468.11
1,461.93
1,421.02
1,326.33
1,249.77
1,246.09
1,228.11
1,190.09
1,180.61
1,137.13
1,109.64
1,100.48
1,036.20
1,016.81
Market Capitalization
LKR mn
173,132.39
51,900.00
87,908.30
113,924.05
109,140.00
73,430.91
67,593.36
61,621.74
86,633.28
47,044.80
34,194.21
25,376.10
54,403.47
11,983.19
33,985.52
22,659.86
47,047.39
17,793.64
28,108.73
19,504.80
39,628.39
12,068.07
19,704.00
16,000.00
14,679.59
15,700.00
19,766.28
14,412.96
10,453.30
30,240.00
34,696.93
10,804.11
19,969.58
44,800.00
16,720.00
24,212.88
8,775.00
10,170.00
07th October 2011
Sri Lanka Focus
Commodity Prices
USD WEEKLY (DATE AS
AT)
Crude Oil (Barrel USD)
114.55
115.34
105.49
104.41
102.76
WoW %
Change
1.6
METAL
Gold (Ounce USD)
1870.62
1781.40
1742.90
1626.91
1648.29
1.3
Copper( Ton.USD)
9117.25
8744.75
8738.50
7215
6987
-3.2
344.05
(Sept 09)
344.46
(16Sept)
367.61
(23 Sept)
347.45
(30 Sep)
340.12
(Oct 07)
-2.1
Rubber (RSS 1) LKR
484.50
(Sept 06)
485.75
(Sept 08)
485.75
(Sept 08)
485.75
(Sept 27)
485.75
(Sept 29)
Exchange Rates
( LKR)
USD
EURO
STG (GBP)
09.09.11
12.08.11
23.09.11
30.09.11
0.7.10.11
109.99
152.74
175.60
110.07
151.82
173.66
110.3
148.56
169.4
110.17
158.44
179.22
110.17
147.86
170.22
WoW%
Change
-6.7
5.02
1.42
1.44
1.44
1.42
1.44
1.4
17.23
17.24
17.27
17.21
17.28
0.4
AGRI
Tea SLR/Kg
YEN
YUAN (CNY)
09.09.11
16.09.11
23.09.11
30.09.11
06.10.11
OIL
Oil prices continued to slide this week on the back of the announcement that the International energy agency is set
to sell an extra 60 million barrels of oil, which represents 2.2% of total global supply. This decision was taken
subsequent to a belief that the Middle East crisis is likely to persist and would result in supply disruptions. However
J.P Morgan expects a rebalancing of Supply and demand expectations would put a floor on this downward trend
GOLD
Gold rebounded in the first half of this week after the gold price fell significantly over the past few weeks having risen
to unsustainable levels. Gold is expected to rebound as declining production data and the possibility of an Italian
Sovereign debt default intensifies.
COPPER
Copper prices continued to decline albeit at a more conservative pace as the IMF warns that it cannot rule out the
possibility of a recession in 2012. Although the red metals bearish trend remains intact, the attractive spot prices
would put pressure on prices due to increased buying pressure from China.
USD
The USD continues to remain fairly stable at an elevated level as the basket of safe haven asset continues to shrink.
The greenback strengthened against the Euro as it the Euro zone attempts to curtail the effects of the downgrading
of Italys Sovereign debt by Moodys.
Sri Lanka Focus
07th October 2011
Market Outlook
Strong Performance On Thin Turnovers.
Activities became fragile during the week as our high net worth and the corporate investors adopted a
virtually negative approach towards investing. This neglected the fundamentally strong counters, while
over the week, trading witnessed certain low valued speculative counters grabbing retailer attention,
resulting daily volumes traded to be relatively healthy at 80.4mn on average, whilst average daily turnovers
dip 6.1% WoW.
Meanwhile, the extended weaker buying side of foreigners resulted a year to date (YTD) influx of LKR
41.7bn, whilst cumulative foreign selling was and LKR 58.9bn giving an enlarged net outflow of LKR 17.2bn.
Despite the fact, the Colombo Bourse was Asias best performing equity market, with an YTD return of 0.9%
foreigners kept on detaching from the market, presumably realizing their profits from the previous intakes.
However, a correction to this pessimism is expected, with the fundamentally strong blue chips currently
falling off in price and with the upcoming heavy weight listings which would revive foreigners attention,
towards the Sri Lankan market.
07th October 2011
Sri Lanka Focus
Focus on Investment
Key Buys
Charts Sourced from Asia Wealth Research
Tokyo Cement
N LKR50.00
Manufacturing
X LKR37.50
TOKYO CEMENT COMPANY
80
70
60
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.
50
40
30
20
10
0
7-Oct
Colonial Motors
Motor
N LKR499.80
7-Dec
7-Jan
7-Feb
7-Mar
7-Apr
7-May
7-Jun
7-Jul
7-Aug
7-Sep
7-Jun
7-Jul
7-Aug
7-Sep
COLONIAL MOTORS PLC
600
500
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.
400
300
200
100
0
7-Oct
Expo Lanka Holdings
7-Nov
Diversified
N LKR11.40
7-Nov
7-Dec
7-Jan
7-Feb
7-Mar
7-Apr
7-May
EXPOLANKA HOLDINGS PLC
18
16
14
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.
12
10
8
6
4
2
0
13-Jun 20-Jun 27-Jun 4-Jul 11-Jul 18-Jul 25-Jul 1-Aug 8-Aug 15-Aug 22-Aug 29-Aug 5-Sep 12-Sep 19-Sep 26-Sep
John Keells Holdings
Diversified
N LKR202.50
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.
JOHN KEELLS HOLDINGS PLC
350
300
250
200
150
100
50
0
7-Oct
7-Nov
7-Dec
7-Jan
7-Feb
7-Mar
7-Apr
7-May
7-Jun
7-Jul
7-Aug
7-Sep
07th October 2011
Sri Lanka Focus
Focus on Investment
Asian Hotels
Hotel
N LKR89.00
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.
ASIAN HOTELS & PROPERTIES PLC
250
200
150
100
50
0
7-Oct
Chemical Industries
N LKR129.90
Chemicals & Pharmaceuticals
7-Nov
7-Dec
7-Jan
7-Feb
7-Mar
7-Apr
7-May
7-Jun
7-Jul
7-Aug
7-Sep
7-May
7-Jun
7-Jul
7-Aug
7-Sep
7-Jun
7-Jul
7-Aug
7-Sep
7-Jun
7-Jul
7-Aug
7-Sep
CIC HOLDINGS PLC
250
X 85.80
200
With countrys agricultural sector achieving a phenomenal growth during the

FY2010, 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.
150
100
50
0
7-Oct
Commercial Bank
N LKR111.00
Banking
X 79.50
7-Nov
7-Dec
7-Jan
7-Feb
7-Mar
7-Apr
COMMERCIAL BANK OF CEYLON PLC
300
250
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.
200
150
100
50
0
7-Oct
Distilleries Company
Food & Beverage
N LKR172.50
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.
7-Nov
7-Dec
7-Jan
7-Feb
7-Mar
7-Apr
7-May
DISTILLERIES COMPANY OF SRI LANKA PLC
250
200
150
100
50
0
7-Oct
7-Nov
7-Dec
7-Jan
7-Feb
7-Mar
7-Apr
7-May
07th October 2011
Sri Lanka Focus
Focus on Investment
Hatton National Bank
N LKR195.00
Banking
X 89.70
HATTON NATIONAL BANK PLC
450
400
350
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.
300
250
200
150
100
50
0
7-Oct
Chevron Lubricants
Manufacturing
N LKR160.00
7-Nov
7-Dec
7-Jan
7-Feb
7-Mar
7-Apr
7-May
7-Jun
7-Jul
7-Aug
7-Sep
7-Jun
7-Jul
7-Aug
7-Sep
CHEVRON LUBRICANTS LANKA PLC
185
180
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.
175
170
165
160
155
150
145
140
135
7-Oct
LB Finance
7-Nov
7-Dec
7-Jan
7-Feb
7-Mar
7-Apr
7-May
Banking & Finance
N LKR153.00
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.
.
Royal Ceramics
Manufacturing
N LKR130.60
ROYAL CERAMICS LANKA PLC
350
300
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.
250
200
150
100
50
0
7-Oct
7-Nov
7-Dec
7-Jan
7-Feb
7-Mar
7-Apr
7-May
7-Jun
7-Jul
7-Aug
7-Sep
Sri Lanka Focus
07th October 2011
Focus on Investment
Sampath Bank
Banking
N LKR217.00
SAMPATH BANK PLC
600
500
Bank will continue its aggressive expansion to ensure its spread of service
through 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.
400
300
200
100
0
7-Oct
7-Nov
7-Dec
7-Jan
7-Feb
7-Mar
7-Apr
7-May
7-Jun
7-Jul
7-Aug
7-Sep
07th October 2011
Sri Lanka Focus
Stock Exchange Anouncements

As at 07th October 2011
Rights issues
Peoples Merchant
SUGA
:
:
04 for 05 rights issue @LKR15.00 XR: 12.10.2011

01 for 04 rights issue @LKR18.00
Capitalization of reserves
Alliance Finance Company
One (01) new share for every Two (02) shares held
Consideration: LKR10.00
One (01) share for every Ninety One point Three One Five (91.315) shares held
Share Swap
Ceylon and Foreign Trades
Sri Lanka Focus
07th October 2011
Stock Exchange Anouncements

Dividend Announcements
Company
Cargills (Ceylon)
E B Creasy
Lankem Ceylon
The Colombo Fort Land & Building Co
Ceylon Printers
Kalamazoo Systems
Office Equipment
Sinhaputhra Finance
Lanka Ceramic
CT Holdings PLC
Multi Finance PLC
Abans Electricals
Chilaw Finance
ACL Cables
Touchwood Investment
Eden Hotel Lanka
Associate Motor Finance
Mercantile Investments PLC
Dividend per share

Final Dividend LKR1.00
Final Dividend of LKR6.00
First & Final Dividend of LKR0.20
Final Dividend of LKR 1.00
First and Final Dividend of LKR 0.10
Interim Dividend of LKR0.70
First & Final Dividend of LKR0.10
Interim Dividend of LKR0.20
Second interim dividend of LKR12.00
XD Date
30.09.2011
30.09.2011
03.10.2011
03.10.2011
03.10.2011
03.10.2011
03.10.2011
30.09.2011
30.09.2011
19.10.2011
03.10.2011
03.10.2011
Payment Date
10.10.2011
10.10.2011
12.10.2011
12.10.2011
07.10.2011
07.10.2011
07.10.2011
10.10.2011
10.10.2011
28.10.2011
12.10.2011
12.10.2011
03.10.2011
03.10.2011
07.10.2011
07.10.2011
13.10.2011
13.10.2011
12.10.2011
14.10.2011
18.10.2011
17.10.2011
07th October 2011
Sri Lanka Focus
Valuation Guide
M.CAP.
Bn
YE SH(mn)
Company
FINANCIAL SERVICES
Earnings
Price
EPS (LKR)
FY08
FY09
FY10
FY11E
FY12E FY08
FY09
PER
FY10 FY11E FY12E FY08 FY09
FY10 FY11E FY12E
DPS
DY
ROE
BVPS
PBV
Commercial Bank
Dec
765
84.9
111.00
4,120
4,193
5,510
6,414
7,078
5.0
5.1
6.7
7.8
8.7
22.0
21.6
16.5
14.1
7.00
6%
16%
87.9
1.3
Commercial Bank
Dec
52
4.2
79.50
4,120
4,193
5,510
6,414
7,078
10.9
11.1
14.4
16.8
18.6
7.3
7.2
5.5
4.7
7.00
9%
16%
82.8
1.0
Sampath Bank
Dec
157
34.0
217.00
1,495
2,073
3,485
4,915
5,316
9.5
13.2
22.2
31.3
33.9
22.8
16.4
9.8
6.9
6.4
4.00
1.8%
20%
112.8
1.9
NDB Bank
Dec
164
22.3
136.00
2,150
2,085
4,267
4,593
5,281
13.1
12.7
26.0
28.0
32.2
10.4
10.7
5.2
4.9
4.2
8.00
5.9%
15%
93.6
1.5
LB Finance
Dec
69
10.6
153.00
206
360
500
1,020
1,613
3.0
5.2
7.2
14.7
23.3
51.5
29.5
21.2
10.4
6.6
3.50
2.3%
47%
37.7
4.1
Central Finance
Mar
105
27.5
261.90
1,211
1,127
1,046
1,500
1,781
17.5
16.3
15.1
21.7
25.7
8.8
9.4
10.1
7.1
6.0
6.0
2.3%
11%
449.6
0.6
CONGLOMERATES
Hayleys
Mar
75
27.8
370.20
453
311
1,731
725
957
6.0
4.1
23.1
9.7
12.8
61.3
89.3
16.0
38.3
29.0
2.0
0.5%
14%
164.7
2.2
John Keells Hold.
Mar
841
170.2
202.50
5,119
4,732
5,202
8,246
10,690
6.1
5.6
6.2
9.8
12.7
33.3
36.0
32.7
20.6
15.9
2.3
1.1%
9%
70.9
2.9
1955
22.3
11.40
310
518
1,578
1,803
0.0
0.2
0.3
0.8
0.9
na
72.0
43.0
14.1
12.4
na
na
12%
2.2
5.2
Expolanka
(50)
FOOD & BEVERAGE

Bairaha Farms
Mar
16
3.9
244.90
86
134
529
772
5.4
0.2
8.4
33.1
48.2
45.6 1511.4
29.2
7.4
5.1
3.0
1.2%
11%
74.8
3.3
Distilleries
Mar
300
51.8
172.50
4,101
3,387
2,136
8,146
4,824
13.7
11.3
7.1
27.2
16.1
12.6
15.3
24.2
6.4
10.7
2.5
1.4%
7%
106.8
1.6
Mar
442.78
39.4
89.0
847.39
531
630
1,774
2,091
1.9
1.2
1.4
4.0
4.7
46.5
74.2
62.6
22.2
18.8
2.0
2.2%
5%
31.0
2.9
Royal Ceramics
Mar
110.79
14.5
130.60
611
518
964
1,459
2,378
5.5
4.7
8.7
13.2
21.5
23.7
27.9
15.0
9.9
6.1
4.0
3.1%
18%
47.4
2.8
Chevron Lubricants
Dec
120.00
19.2
160.00
948
1,495
1,501
1,603
1,717
8.6
13.5
13.6
14.5
15.5
18.7
11.9
11.8
11.1
10.3
7.5%
54%
23.1
6.9
Tokyo (Voting)
Mar
202.50
10.1
50.00
572
347
291
1,093
1,270
1.9
1.1
1.0
3.6
4.2
26.5
43.8
52.1
13.9
12.0
1.65
3.3%
5%
18.7
2.7
Tokyo (NV)
Mar
101.25
3.8
37.50
572
347
291
1,093
1,270
1.9
1.1
1.0
3.6
4.2
19.9
32.9
39.1
10.4
9.0
1.65
4.4%
5%
18.7
2.0
Lanka Walltile
Mar
54.60
6.0
110.00
361
279
478
408
701
6.6
5.1
8.8
7.5
12.8
16.7
21.5
12.6
14.7
8.6
2.3
2.1%
15%
56.6
1.9
Piramal Glass
Mar
950.09
7.9
8.30
35
(261)
(61)
579
528
0.0
-0.3
-0.1
0.6
0.6
na
na
na
13.6
14.9
0.3
3.6%
-3%
2.3
3.6
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
DIMO
Mar
8.88
12.0
1350.00
205
103
278
2,006
2,128
23.1
11.6
31.4
225.9
239.8
58.4
116.3
43.1
6.0
5.6
7.0
0.5%
8%
377.4
3.6
COLONIAL MOTORS PLC
Mar
9.12
4.6
499.80
40
229
842
1,232
-0.2
4.4
25.1
92.2
135.1
na
113
20
14.6
25.8
5.2%
15%
168.4
3.0
Kegalle Plantations
Mar
25.00
3.6
143.00
421
205
376
783
887
16.8
8.2
15.0
31.3
35.5
8.5
17.4
9.5
4.6
4.0
3.0
2.1%
22%
68.4
2.1
Namunukula Plantations
Mar
23.75
2.3
96.00
230
41
147
461
539
9.7
1.7
6.2
19.4
22.7
9.9
56.1
15.5
4.9
4.2
na na
16%
39.0
2.5
Laugfs GasV)
Mar
50.00
29.80
(85)
243
527
1,003
1,183
na
0.6
1.4
2.6
3.1
na
79.6
36.7
19.3
16.4
8%
18.9
2.6
Mar
335.00
52.00
16.8
Laugfs Gas(NV)
(85)
243
527
1,003
1,183
na
0.6
1.4
3.0
3.9
na
47.4
21.9
9.9
7.7
8%
122.1
0.2
TOURISM
Asian Hotels
MANUFACTURING
12.0
Land and Property

Overseas Realty
Mortor
(2)
PLANTATIONS
Power And Energy

1.5
CHEM & PHARMACEUTICALS

Chemical industries
Mar
72.90
9.5
129.90
510
408
601
935
1143
5.4
4.3
6.3
9.9
12.1
24.1
30.2
20.5
13.2
10.8
1.9
1.4%
12%
51.5
2.5
Chemical industries(NV)
Mar
21.87
1.9
85.80
510
408
601
935
1143
5.4
4.3
6.3
9.9
12.1
16.0
19.9
13.5
8.7
7.1
1.9
2.2%
12%
51.5
1.7
Haycarb
Mar
29.71
4.6
155.00
180
225
633
716
781
6.0
7.6
21.3
24.1
26.3
25.6
20.5
7.3
6.4
5.9
5.0
3.2%
10%
77.4
2.0
07th October 2011
Sri Lanka Focus
Broad Market Valuation Guide

Year
Company
End
MARKET
TELECOMMUNICATIONS
Price
Price Performance
(LKR) 1W(%) 1M(%) 1Q(%)
(1.25)
(4.27)
(3.17)
3.71
(0.06)
(5.05)
DIALOG TELEKOM
DIAL
8.40
SRI LANKA TELECOM
SLTL
51.60
FINANCIAL SERVICES
Shares Trailing
Mn
BVPS
ROE
17.27%
12.76%
111.00
Mkt Cap Mn
Jun10
26,922.21
2,143.10
EPS
PE
15.73
15.36
2.72
1.96
2,405,600.00
(1.18)
(3.45)
8143.78
17.66%
3.83
5,511.17
1,384.19
1,158.78
1,275.30
1,692.90
1,374.10
0.68
12.4
2.2
68,407.74
0.78
(6.19)
1804.86
9.77%
28.39
5,006.00
1,142.00
1,295.00
1,542.00
1,027.00
769.00
2.77
18.6
1.8
93,130.78
41,563.42
8,386.42
7,512.01
12,154.52
9,224.20
9,263.81
13.91
2.68
19.28%
(2.20)
(52.13)
(57.33)
24,583.72
4,861.60
6,373.94
6,934.46
5,405.23
7,610.75
765.09
19.80%
44.70
7,235.20
1,976.00
2,064.90
1,772.50
1,421.80
12.5
2.5
1,206.10
8.85
COMB
79.50
0.63
(50.00)
(53.21)
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
9.0
1.8
4,163.01
DFCC BANK
DFCC
127.00
(1.01)
(8.30)
(11.81)
265.10
88.28%
10.47
2,449.49
683.04
611.12
630.40
524.93
3,323.90
9.24
13.7
12.1
33,667.41
HNB
195.00
(1.46)
(8.75)
(9.76)
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
13.9
2.4
60,688.07
HNB X
89.70
(2.39)
(19.80)
(24.64)
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
6.4
1.1
6,920.62
NTB
61.50
(0.65)
(5.38)
(6.96)
230.61
16.98%
33.88
1,326.33
360.40
375.85
235.82
354.26
280.96
5.75
10.7
1.8
14,182.35
(1.45)
(2.02)
(10.05)
164.20
15.12%
97.37
2,417.52
396.68
605.34
607.28
808.22
433.40
14.72
9.2
1.4
22,331.46
1.59
(5.56)
(4.14)
295.04
19.34%
10.81
617.07
210.03
196.02
81.84
129.17
83.20
2.09
12.2
2.4
7,523.55
(0.50)
(9.96)
(10.33)
156.85
22.72%
119.40
4,254.78
1,134.80
980.05
1,350.60
789.33
746.07
27.13
8.0
1.8
34,037.36
1.91
35.1
1.3
11,613.33
1.91
18.7
0.7
5,864.98
32.11
52.9
5.6
11,000.79
HNB [NV]
NATIONS TRUST BANK
PBV
Sept'10
37,700.85
2,719.90
COMMERCIAL BANK [V]

HNB [V]
COMB X
Trailing
Mar'11
37,510.54
2,453.78
Net Profits
Dec'10
40,860.37
2,817.30
Trailing
Jun'11
33,830.91
2,526.19
6.63
Banking
COMMERCIAL BANK [NV]
Net Profit
4Qtrs
152,940.37
10,517.17
NDB
136.00
PAN ASIA BANK
PABC
25.50
SAMPATH BANK
SAMP
217.00
NDB
84,924.47
SEYB
67.00
2.76
2.76
(1.33)
173.33
49.94
645.03
(303.90)
249.04
387.23
312.66
311.80
SEYBX
35.60
(1.38)
0.85
5.29
164.75
3.82%
49.94
645.03
(303.90)
249.04
387.23
312.66
311.80
HDFC
1700.00
(5.00)
3.36
17.62
6.47
10.59%
303.13
207.78
120.52
70.31
16.96
5.32
UBC
21.60
-0.45
-11.34
-11.69
349.25
1.42%
71.23
71.23
10,756.44
3,112.99
402.02
1,684.55
2,279.10
1,399.24
ACAP
83.30
(3.79)
(11.71)
(19.21)
110.00
63.42%
11.43
797.50
0.64
248.30
275.72
272.85
108.75
7.25
11.5
7.3
9,163.00
ALLIANCE FINANCE
ALLI
850.00
(29.15)
(28.03)
(12.60)
1.62
23.74%
631.91
243.02
81.93
103.56
38.70
18.82
16.00
150.01
5.7
1.3
1,377.00
ARPICO FINANCE
ARPI
124.00
(8.15)
(4.62)
14.81
4.46
8.17%
73.52
26.82
3.76
5.61
6.64
10.80
5.40
6.01
20.6
1.7
553.35
CENTRAL FINANCE
CFIN
261.90
(2.40)
(4.19)
(81.17)
104.88
18.27%
109.22
2,092.34
618.20
532.13
472.10
469.91
276.24
19.95
13.1
2.4
27,468.94
SEYLAN BANK [V]

SEYLAN BANK [NV]
HDFC
UNION BANK
Finance Co.s & / Merchant Banks
ASIA CAPITAL
3.82%
27.20%
(0.01)
18.79
CSF
19.50
(3.45)
(3.45)
(13.27)
199.93
28.95%
1.69
97.65
(23.25)
0.49
39.9
na
3,898.64
LOLC
LOLC
92.00
(8.10)
(7.91)
(11.24)
475.20
32.74%
31.10
4,839.06
1,725.04
600.02
718.10
1,795.89
726.19
10.18
9.0
3.0
43,718.40
LB FINANCE
LFIN
153.00
(2.75)
(11.63)
(16.21)
69.26
40.11%
42.84
1,190.09
351.02
391.18
227.71
220.18
181.16
17.18
8.9
3.6
10,596.34
161.46
103.00
3.71
10.4
1.8
5,211.00
(17.12)
22.00
3.77
0.01
5.3
205.6
1.2
na
746.25
2,148.86
22.00
0.01
63.3
na
0.8
na
448.00
2,533.12
na
na
na
na
823.12
80.00
1.83
26.5
3.4
1,816.52
1.57
28.4
3.5
3,039.08
3.27
5.82
1.11
9.81
9.81
4.75
na
0.92
1.00
218.55
0.83
0.45
1.15
0.55
13.4
19.8
28.6
7.1
5.3
4.2
na
26.5
31.4
7.1
68.5
23.8
71.0
49.8
3.5
1.5
3.6
2.9
0.3
1.0
na
2.3
30.3
1.0
1.9
8.4
8.6
1.4
1,828.23
724.03
3,370.67
3,240.95
293.10
1,067.36
1,952.50
688.06
6,869.34
4,695.37
1,280.34
29,680.00
3,015.50
29,771.73
-
NATION LANKA
(34.77)
(3.16)
165.57
MERCHANT BANK
MBSL
38.60
(3.23)
(0.26)
(9.53)
135.00
17.17%
21.59
500.52
48.23
126.55
164.28
PEOPLE'S MERCHANT
SEYLAN MERCHANT [V]
PMB
SEMB
M
D
19.90
2.60
4.74
(3.70)
(5.24)
-
(17.08)
8.33
37.50
826.49
23.39%
3.26%
16.10
na
141.23
17.53
135.06
(22.15)
(16.38)
18.76
25.30
3.22
SEYLAN MERCHANT [NV]

THE FINANCE
SEMB X
TFC
D
M
0.80
43.70
2.84
(11.11)
13.61
42.30
560.00
57.97
3.26%
93.17%
na
na
(22.15)
26.39
18.76
(2,074.13)
VANIK [V]
VANIK [NV]
VANI
VANI X
D
D
14.20
0.80
(3.65)
-
(3.97)
-
(25.45)
-
57.97
100.00
na
na
0.00
0.00
17.53
(3,225.63)
3.22
(440.50)
(29.99)
(2.76)
17.70
17.70
(737.39)
CRL
48.50
-4.42
-9.14
-13.11
37.45
12.90%
14.18
68.54
45.98
22.56
PEOPLES LEASING FINANCE
SMLL
44.60
-5.56
-6.36
-0.67
68.14
12.31%
12.74
106.89
70.39
35.63
VALLIBEL FINANCE
SINHAPUTRA
SINGER FINANCE
CITIZENS DEVELOPMENT FINANCE
CITIZENS DEVELOPMENT FINANCE
SENKADAGALA FINANCE
SWARNAMAHAL FINANCE
CHILAW FINANCE LIMITED
COMMERCIAL CREDIT LIMITED
MERCANTILE INVESTMENTS
MULTI FINANCE
LANKA ORIX FINANCE
ABANS FINANCIAL SERVICES
VALLIBEL ONE LIMITED
VFIN
SFL
SFIN
CDB
CDBX
SFCL
SFS
CFL
COCR
MERC
MFL
LOFC
AFSL
VONE
M
M
M
M
M
M
M
M
M
M
M
M
44.00
115.00
31.60
70.00
51.70
20.00
78.10
24.50
31.50
1562.00
57.00
10.60
81.50
27.40
0.68
-5.66
-4.23
-0.14
-4.79
0.00
3.27
-3.50
0.65
0.00
-4.97
-2.78
16.57
1.10
-6.12
-4.17
-18.72
-8.50
9.53
0.00
-7.17
-7.81
0.65
0.00
-6.97
-8.70
9.68
-4.51
-11.88
2.68
4.28
-15.56
0.00
0.00
8.22
-5.34
8.33
0.00
66.38
-16.67
27.70
0.00
41.55
6.30
106.67
46.30
5.67
53.37
25.00
28.08
218.07
3.01
22.46
2800.00
37.00
1086.56
26.33%
7.65%
12.54%
46.23%
46.23%
22.72%
na
8.76%
96.40%
14.02%
2.71%
35.46%
12.12%
2.77%
12.43
76.05
8.82
23.82
194.56
20.89
0.00
10.56
1.04
1558.51
30.69
1.26
9.48
19.90
ATL
2.70
0.00
-3.57
17.39
1000.00
-1.06%
0.91
ASIAN ALLIANCE
AAIC
336.00
-5.41
181.18
160.65
37.50
9.11%
34.02
116.21
CEYLINCO INSURANCE [V]
CINS
774.60
0.00
11.31
10.66
20.00
17.33%
319.30
1,461.93
344.36
286.31
732.34
CAPITAL REACH
Insurance
AMANA TAKAFUL INS.
135.95
36.64
117.92
509.94
509.94
253.30
25.97
218.76
656.97
18.69
1,246.09
42.49
598.17
48.15
4,531.19
306.42
(9.70)
51.27
80.20
80.20
-
36.65
36.64
60.88
219.04
219.04
27.70
517.48
3,076.71
11.20
23.45
5.77
210.7
210.7
65.50
65.50
630.58
(20.90)
(172.50)
0.87
61.58
na
na
3.0
2,700.00
79.30
3.10
108.4
9.9
12,600.00
19.79
55.35
14.0
2.4
15,492.00
(14.70)
288.71
98.93
CINS X
340.00
-7.28
3.29
5.03
6.41
17.33%
319.30
1,461.93
344.36
286.31
732.34
98.93
19.80
55.35
6.1
2.0
2,180.92
AVIVA NDB
CTCE
270.00
-3.57
-3.57
-1.85
30.00
32.23%
94.05
909.37
34.20
147.62
613.44
114.11
(47.00)
30.31
8.9
2.9
8,100.00
HNB ASSURANCE
HASU
58.50
-4.88
-5.49
-2.99
50.00
17.83%
27.69
246.83
24.62
24.74
180.80
16.67
24.19
4.94
11.9
2.1
2,925.00
UAL
JINS
D
D
112.00
15.90
-3.90
-1.27
1.83
-4.32
-3.48
-4.91
75.00
363.00
41.08%
28.51%
33.63
7.44
1,036.20
770.35
64.55
58.81
511.97
770.35
400.87
-
na
13.82
2.12
8.1
7.5
3.3
2.1
8,400.00
5,771.70
CEYLINCO INSURANCE [NV]
UNION ASSURANCE
JANASHAKTHI
Venture Capital Co.s
1,692.07
105.40
218.57
458.81
909.28
192.24
CDIC
CDIC
395.00
-3.66
-9.36
21.35
43.86
12.40%
115.66
628.92
30.97
106.44
221.14
270.38
104.43
14.34
27.5
3.4
17,322.73
FIRST CAPITAL
CFVF
18.00
-2.16
-5.73
-13.40
101.25
60.25%
5.94
947.55
56.94
79.92
208.80
601.90
51.05
9.36
1.9
1.2
1,822.50
LANKA VENTURES
LVEN
40.00
-6.54
-12.47
-11.11
50.00
14.14%
16.36
115.59
17.50
32.22
28.87
37.01
36.76
2.31
17.3
2.4
2,000.00
07th October 2011
Sri Lanka Focus

Year
Company
End
BEVERAGE FOOD AND TOBACCO
Price
Price Performance
(LKR) 1W(%) 1M(%) 1Q(%)
-
Shares Trailing
Mn
ROE
31.64%
BVPS
Net Profit
4Qtrs
23,048.01
Trailing
PBV
Mar'11
8,335.00
Dec'10
5,506.66
Net Profits
Sept'10
4,107.10
Trailing
Jun'11
5,099.25
Jun10
3,483.03
EPS
PE
13.45
4.26
Mkt Cap Mn
BFL
244.90
(3.83)
(4.43)
(20.88)
16.00
34.93%
78.19
436.99
55.18
103.45
163.91
114.45
104.13
27.31
9.0
3.1
3,918.40
CARGILLS
CARG
204.50
1.29
(11.05)
2.00
224.00
15.61%
32.53
1,137.13
325.97
268.12
290.74
252.30
312.00
5.08
40.3
6.3
45,808.00
CEYLON BREWERY
BAIRAHA FARMS
BREW
436.00
9.14
(12.80)
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
111.90
(2.44)
(0.53)
(75.13)
95.04
5.47%
47.21
245.26
124.29
38.07
45.43
37.47
78.57
2.58
43.4
2.4
10,634.98
CEYLON TEA SERVICES
CTEA
800.00
(6.32)
(3.03)
20.00
23.54%
320.08
1,506.87
250.58
658.60
300.80
296.88
130.00
75.34
10.6
2.5
16,000.00
CEYLON TOBACCO
CTC
389.00
(0.77)
(1.52)
5.39
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
72,868.94
COCO LANKA [V]
COCO
68.00
(2.86)
(6.21)
1.34
21.60
24.42%
49.11
280.56
18.28
49.83
55.70
156.75
32.49
11.99
5.7
1.4
1,468.80
COCO LANKA [NV]
COCOX
55.00
(0.72)
4.76
1.80
24.42%
49.11
280.56
18.28
49.83
55.70
156.75
32.50
11.99
4.6
1.1
99.00
SOY
351.00
(10.66)
11.49
25.46
2.75
29.63%
82.46
67.20
11.73
17.51
21.02
16.94
7.00
24.44
14.4
4.3
965.25
DISTILLERIES
DIST
172.50
(0.35)
(1.54)
(3.96)
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
6.0
1.6
51,750.00
FERNTEA
FERN
3.50
6.00
na
na
na
na
na
na
na
na
na
21.00
HARISCHANDRA MILLS
HARI
2900.00
20.83
81.25
56.75
0.96
12.82%
12.60
13.35
26.64
10.72
68.46
42.4
5.4
2,783.42
124.90
15,600.01
CONVENIENCE FOOD
0.00
533.90
65.71
13.13
KFP
124.90
5.58
4.08
124.90
15.29%
2.72
51.91
15.82
0.67
19.55
15.88
(5.45)
0.42
300.5
46.0
KOTMALE HOLDINGS
LAMB
46.20
(0.43)
(8.20)
(2.13)
31.40
13.51%
18.11
76.86
22.09
25.20
16.80
12.77
15.03
2.45
18.9
2.6
1,450.68
LION BREWERY
LION
197.00
(2.38)
(1.65)
(5.29)
80.00
20.79%
66.72
1,109.64
332.40
313.79
286.89
176.56
236.17
13.87
14.2
3.0
15,760.00
KEELLS FOOD PRODUCTS
LMF
132.00
2.17
32.13
26.92
40.00
4.64%
48.52
90.02
57.41
55.54
(74.50)
51.57
2.25
58.7
2.7
5,279.74
NESTLE LANKA
NEST
880.00
(0.02)
(4.84)
23.14
53.73
114.96%
36.48
2,252.96
644.35
615.49
421.80
571.32
415.00
41.93
21.0
24.1
47,278.41
THREE ACRE FARMS
TAFL
109.90
(0.28)
(3.55)
8.60
23.55
53.92%
19.55
248.28
3.03
41.26
124.67
79.32
24.57
10.54
10.4
5.6
2,587.60
RENUKA AGRI
RAL
7.40
(2.22)
7.40
7.40
401.25
14.72%
2.38
140.62
49.32
na
91.30
na
0.35
21.1
3.1
2,969.25
TEA SMALLHOLDERS
TSML
79.90
1.27
(11.12)
(16.77)
30.00
14.24%
20.84
89.02
30.65
41.80
25.75
22.50
2.97
26.9
3.8
2,397.00
RAIGAM WAYAMBA SALTERNS LTD
RWSL
4.40
2.78
19.35
27.59
282.21
9.68%
2.37
64.65
47.62
na
17.03
na
0.23
19.2
1.9
1,241.71
HVA
50.80
(10.02)
(34.02)
258.04
66.43
10.33%
6.75
46.33
45.89
na
na
na
0.70
72.8
7.5
3,374.58
(3.33)
(5.47) (13.54)
904.96
1,332.56
850.21
476.74
LANKA MILK FOODS
HVA FOODS
CHEMICALS & PHARMACEUTICALS
20.42%
3,629.28
(9.18)
541.55
(6.19)
8.14
1.66
CHMX
122.50
(2.00)
9.38
15.75
3.10%
80.36
39.19
1.14
0.61
13.50
23.94
4.12
2.49
49.2
1.5
1,929.38
CIC
129.90
(3.08)
(3.96)
(11.27)
72.90
14.04%
95.23
974.70
203.80
169.60
382.67
218.63
184.00
10.28
12.6
1.8
9,469.71
CHEMICAL INDUSTRIES [NV]
CIC X
85.80
3.37
(4.24)
(9.78)
21.87
14.04%
44.57
974.70
203.80
169.60
382.67
218.63
184.00
10.28
8.3
3.4
HAYCARB
HAYC
155.00
(2.94)
1.11
13.97
29.71
17.34%
91.69
472.51
124.77
111.22
89.08
147.44
157.35
15.90
9.7
1.7
INDUSTRIAL ASPHALTS
ASPH
700.00
(11.02)
32.11
71.28
0.67
4.03%
102.53
2.76
0.61
1.34
0.26
0.54
0.45
4.13
169.3
6.8
466.59
J.L. MORISON [V]
MORI
3050.00
(11.59)
(21.78)
(22.19)
0.58
20.72%
2223.68
347.83
37.45
93.20
28.10
189.08
20.72
598.85
5.1
1.4
1,771.53
J.L. MORISON [NV]
MORI X
2200.00
(4.35)
(21.40)
(26.54)
0.17
20.72%
2223.68
347.83
37.45
93.20
28.10
189.08
20.70
1,996.17
1.1
1.0
383.35
LANKEM CEYLON
LCEY
321.30
(1.17)
(4.91)
(22.58)
24.00
31.65%
124.35
944.44
111.22
202.20
567.12
63.90
69.20
39.35
8.2
2.6
7,711.20
SINGALANKA
SING
201.10
(11.78)
(36.42)
(89.21)
5.54
565.74%
13.41
420.25
(0.11)
215.55
205.31
(0.50)
(0.77)
75.85
2.7
15.0
1,114.26
MULLERS
MULL
3.10
(3.13)
6.90
10.71
283.00
19.99%
0.41
22.96
8.53
5.45
2.83
6.15
9.22
0.08
38.2
7.6
877.30
UNION CHEMICALS
UCAR
800.00
6.67
12.68
1.50
23.37%
162.10
56.81
16.70
12.58
15.58
11.96
11.75
37.88
21.1
4.9
1,200.00
(1.03)
(6.89)
2,223.14
150.71
437.18
859.61
775.64
275.73
COLOMBO DOCKYARD
DOCK
260.00
(1.27)
(7.35)
1.98
2,211.53
210.49
466.80
739.25
795.00
283.00
LANKEM DEVELOPMENTS
MTD WALKERS
LDEV
KAPI
M
M
18.10
45.50
(1.09)
(0.22)
(9.05)
(4.81)
(3.72)
(17.72)
(1.61)
(58.16)
(6.89)
(22.73)
(5.74)
126.10
(5.33)
(14.03)
(1.73)
(6.59)
(4.99)
25,494.77
6,436.00
6,864.95
5,569.52
6,624.30
3,889.85
AITKEN SPENCE
SPEN
139.00
0.90
(2.80)
(4.59)
406.00
12.23%
53.30
2,647.17
550.74
910.90
579.04
606.49
439.50
6.52
21.3
2.6
56,433.45
CARSON CUMBERBATCH
CARS
580.00
(0.02)
(4.18)
2.75
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
180.10
(4.96)
(8.11)
(2.91)
183.10
10.36%
64.73
1,228.11
244.05
234.56
335.53
413.96
91.00
6.71
26.9
2.8
32,975.82
COLOMBO FORT LAND
CFLB
58.20
3.51
(5.91)
(15.98)
180.00
23.45%
24.09
1,016.81
90.32
367.41
425.89
133.20
184.00
5.65
10.3
2.4
10,476.00
FINLAYS COLOMBO
JFIN
299.00
(6.30)
(0.33)
13.69
35.00
4.80%
147.63
248.23
60.38
12.89
84.51
90.45
50.45
7.09
42.2
2.0
10,465.00
HAYLEYS
HAYL
370.20
(1.28)
(5.03)
(1.28)
75.00
5.32%
211.25
842.63
268.58
144.31
89.90
339.83
150.67
11.24
33.0
1.8
27,765.00
HEMAS HOLDINGS
HHL
39.00
(5.80)
(11.36)
512.04
12.95%
17.81
1,180.61
261.97
311.08
311.40
296.17
291.48
2.31
16.9
2.2
19,969.58
JOHN KEELLS HOLDINGS
JKH
202.50
(2.87)
(8.47)
(5.66)
840.52
14.44%
70.89
8,602.71
1,367.61
2,550.67
1,757.11
2,927.32
1,010.49
10.24
19.8
2.9
170,204.57
DUNAMIS CAPITAL
CSEC
17.60
(1.12)
(16.98)
53.04
123.00
52.47%
11.22
724.22
11.92
16.33
345.40
350.57
98.57
5.89
3.0
1.6
2,164.75
RICHARD PIERIS
RICH
10.10
(0.98)
(5.61)
(13.68)
1938.24
29.48%
2.49
1,421.02
10.84
335.34
640.60
434.25
270.49
0.73
13.8
4.1
19,576.18
SUNSHINE HOLDINGS
SUN
35.50
(6.58)
(7.55)
(19.32)
133.33
18.73%
17.91
447.17
63.28
234.05
93.32
56.53
116.30
3.35
10.6
2.0
4,733.33
SOFTLOGIC HOLDINGS
SHL
20.80
-5.43
-9.52
0.00
779.00
1,309.77
237.08
0.81
14.1
3.2
CHEMANEX
CHEMICAL INDUSTRIES [V]
CONSTRUCTIONS
DIVERSIFIED
(3.32)
18.97%
68.44
28.18%
60.00 -161.00%
114.36
0.81%
114.67
0.20
33.77
15.80%
(19.57)
31.18
(5.46)
(1.81)
10.83
2.05
32.31
8.0
2.3
17,793.64
na
0.27
na
166.9
89.3
1.3
1,086.00
5,203.25
18.384
2.91
EXPOLANKA HOLDINGS
EXPO
11.40
-5.83
-12.40
-17.52
1954.92
3.59
1,583.31
273.54
FREE LANKA CAPITAL HOLDINGS
FLCH
3.90
0.00
-5.00
-9.52
1368.00
4.61
493.29
493.29
4,605.42
0.8
07th October 2011
Sri Lanka Focus

Year
Company
End
FOOTWEAR AND TEXTILES
Price
Shares Trailing BVPS

Price Performance
(LKR) 1W(%) 1M(%) 1Q(%)
Mn
ROE
(1.50) (7.76) (4.70)
-23.61%
Net Profit
4Qtrs
(1,547.62)
(148.46)
Mar'11
(809.51)
Net Profits
Dec'10
Sept'10
(621.19)
119.82
Trailing
Jun10
(89.88)
EPS
Trailing
PBV
Mkt Cap Mn
PE
na
1.55
CEYLON LEATHER
CLPL
80.20
(5.43)
(9.90)
(11.00)
34.23
6.38%
55.57
121.44
20.41
16.58
36.79
47.66
22.80
3.55
22.6
1.4
2,745.55
HAYLEYS - MGT
MGT
32.50
(2.92)
(11.92)
49.18
-97.64%
32.01
(1,537.15)
(168.87)
(799.53)
(625.70)
56.95
(24.40)
na
na
1.0
1,598.27
KURUWITA TEXTILES
KURU
28.00
(1.72)
(4.36)
5.56
25.00
-23.46%
58.16
(341.10)
(59.12)
(108.30)
(48.40)
(125.28)
na
na
0.5
700.00
ODEL
ODEL
35.20
(1.13)
(8.14)
(1.41)
144.95
12.89%
11.20
209.19
32.56
76.02
63.61
37.00
1.44
24.4
3.1
5,102.24
ORIENT GARMENTS
OGL
31.10
54.92
HOTELS AND TRAVELS
(0.32)
(11.58)
17.67
(1.79)
(5.51)
(4.26)
na
105.14
6.27%
City Hotels
4,743.12
505.82
3,189.87
1,183.20
1,035.71
(4.38)
1,999.19
475.72
1,386.33
678.11
617.40
251.79
37.41
3.01
ASIAN HOTEL & PROPERTIES
AHPL
89.00
(1.68)
(3.51)
(2.55)
442.78
13.72%
30.98
1,882.72
296.67
803.63
456.59
325.84
188.47
4.25
20.9
2.9
39,407.00
GALADARI
GHLL
32.00
(3.70)
(10.34)
(11.61)
182.43
7.44%
8.51
115.53
(18.43)
43.71
35.47
54.78
(39.81)
0.63
50.5
3.8
5,837.89
HOTEL DEVELOPERS
HDEV
140.00
(1.75)
0.43
3.70
45.23
25.46%
-105.53
(1,215.22)
na
na
na
6,331.65
HOTEL SERVICES
SERV
22.50
1.35
(0.88)
5.63
176.00
2.11%
9.06
33.68
(2.32)
52.70
(13.10)
(3.60)
(7.78)
0.19
117.6
2.5
3,960.00
RENUKA CITY HOTEL
RENU
350.00
2.34
(4.14)
1.45
7.00
22.05%
222.94
344.14
177.65
28.76
15.98
121.76
35.30
49.16
7.1
1.6
2,450.00
TAJ LANKA
TAJ
47.00
1.95
(8.38)
(6.93)
139.64
7.43%
14.37
149.18
22.15
52.65
46.65
27.73
18.77
1.07
44.0
3.3
6,562.96
TRANS ASIA
TRAN
77.00
(8.88)
(3.75)
(17.74)
200.00
14.01%
24.60
689.15
404.90
136.53
90.89
56.84
3.45
22.3
3.1
15,400.00
2,743.94
30.10
1,803.53
505.09
418.31
(256.17)
AIT. SPENCE HOTEL HOLD.
AHUN
71.00
(1.96)
(9.30)
(9.54)
336.29
12.24%
26.74
1,100.48
85.18
590.15
272.70
152.45
(19.00)
3.27
21.7
2.7
23,876.59
AMAYA LEISURE
CONN
105.00
0.10
(2.78)
(12.43)
48.03
61.90%
15.11
449.36
50.93
67.60
66.60
264.23
61.69
9.36
11.2
6.9
5,043.59
BBH
17.10
(2.84)
(8.06)
(5.00)
129.60
0.85%
20.98
23.01
29.00
(51.97)
25.00
20.98
4.21
0.18
96.3
0.8
2,216.16
CEYLON HOTELS CORP.
CHOT
33.80
5.40
7.10
32.80
171.83
1.36%
35.74
83.55
(21.29)
117.56
(8.27)
(4.45)
(12.00)
0.49
69.5
0.9
5,807.69
CONFIFI HOTEL HLDG.
PALM
230.00
1.77
(14.81)
(14.81)
7.20
-3.50%
198.47
(49.99)
(63.37)
50.48
(4.49)
(32.62)
(37.00)
na
na
1.2
1,656.00
RIVERINA HOTELS
BHR
110.00
2.80
(9.09)
(0.90)
14.18
-3.06%
124.94
(54.21)
(47.66)
34.27
(15.50)
(25.33)
(48.64)
na
na
0.9
1,559.99
BERUWALA WALK INN
BINN
187.00
1.08
16.73
1.47
0.90
14.72%
-170.32
(22.57)
(4.45)
(6.94)
(3.05)
(8.13)
(6.92)
na
na
na
168.30
EDEN HOTELS
EDEN
43.00
4.29
(4.16)
5.80
52.80
7.23%
25.89
98.81
(21.13)
81.23
20.30
18.41
(18.42)
1.87
23.0
1.7
2,270.40
HOTEL SIGIRIYA
HSIG
70.00
(2.24)
(6.56)
(3.06)
5.86
9.82%
32.52
18.71
4.08
3.85
5.39
5.39
0.34
3.19
21.9
2.2
410.13
HUNAS FALLS
HUNA
77.20
(2.15)
(5.85)
(11.26)
5.63
22.34%
13.87
17.43
5.08
2.17
2.82
7.36
2.18
3.10
24.9
5.6
434.25
KANDY HOTELS
KHC
220.00
(6.38)
(2.22)
(7.13)
16.50
0.99%
340.98
55.96
9.42
16.85
9.84
19.85
2.20
3.39
64.9
0.6
3,630.00
JOHN KEELLS HOTELS
KHL
15.20
(1.30)
(7.88)
(5.00)
1456.15
5.84%
7.97
677.46
7.27
521.28
206.20
(57.28)
(167.95)
0.47
32.7
1.9
22,133.43
LIGHT HOUSE HOTEL
LHL
52.00
1.76
(6.98)
(7.14)
46.00
3.03%
49.57
69.13
(2.62)
48.06
17.10
6.59
(11.27)
1.50
34.6
1.0
2,392.00
MIRAMAR
MIRA
300.00
11.32
(4.15)
(14.29)
2.75
na
0.00
(13.10)
na
(13.10)
na
na
na
825.00
MAHAWELI REACH
MRH
31.80
(2.48)
(12.26)
(0.32)
47.07
-39.52%
18.68
(347.42)
NUWARA ELIYA
NEH
1600.00
(8.57)
3.29
(0.60)
2.00
8.41%
779.19
PEGASUS
PEG
66.50
2.78
(2.21)
4.23
27.35
6.21%
37.29
REEFCOMBERS
REEF
61.00
(10.93)
(24.85)
(14.55)
47.19
0.42%
ROYAL PALMS
RPBH
69.80
(1.69)
(1.69)
(0.29)
50.00
SIGIRIYA VILLAGE
SIGV
105.00
(0.94)
1.06
9.38
STAFFORD/DOLPHIN
STAF
50.90
(0.97)
(18.01)
TANGERINE
TANG
90.00
4.41
SERENDIB HOTELS [V]
SHOT
34.00
12.62
SHOT X
24.00
MARAWILA RESORTS
MARA
11.40
FORTRESS RESORTS
RHTL
27.00
Resort Hotels
BROWNS BEACH HOTELS
SERENDIB HOTELS [NV]
INVESTMENT TRUST
(13.67)
(161.00)
(186.61)
13.85
(6.72)
na
na
1.7
1,496.71
131.35
0.78
49.18
24.50
56.90
12.10
65.55
24.4
2.1
3,206.19
63.31
21.67
16.05
13.24
12.35
7.21
2.31
28.7
1.8
1,818.93
30.10
6.00
(17.20)
15.72
5.67
1.81
(5.48)
0.13
479.5
2.0
2,878.71
7.46%
27.40
102.15
1.17
64.97
26.94
9.08
(3.39)
2.04
34.2
2.5
3,490.00
9.00
7.15%
54.91
35.34
(3.83)
21.50
6.08
11.59
(6.72)
3.93
26.7
1.9
945.00
20.57
31.62
5.34%
22.19
37.50
11.54
43.90
(6.71)
(11.23)
(5.29)
1.19
42.9
2.3
1,609.53
(9.09)
2.27
20.00
4.42%
93.95
83.00
4.70
69.46
11.55
(2.72)
(12.48)
4.15
21.7
1.0
1,800.00
6.27
51.34
75.51
5.83%
12.66
82.41
(5.52)
75.28
15.80
(3.15)
28.26
0.74
46.0
2.7
2,567.50
5.36
7.27
24.00
36.01
5.83%
12.66
82.41
(5.52)
75.28
15.80
(3.15)
28.30
0.74
32.5
1.9
864.27
(8.66)
10.48
122.50
1.33%
7.31
11.86
(13.31)
na
0.10
117.7
1.6
1,396.50
9.35
110.89
13.41%
5.67
na
0.76
35.5
4.8
2,993.94
(0.74)
(10.63)
(3.41)
(6.62)
(1.93)
26.82%
25.18
84.40
6,360.23
108.69
2,550.84
955.83
(24.29)
364.45
2,489.12
1,028.68
7.93
2.13
ASIAN COTTON MILLS
ASCO
170.00
(6.88)
28.20
45.67
7.99
2.17%
73.36
12.70
(2.34)
46.60
(18.30)
(13.26)
5.00
1.59
106.9
2.3
1,357.54
CEYLON GUARDIAN
GUAR
308.00
(0.65)
(6.54)
2.13
82.10
33.23%
138.76
3,785.80
1,714.33
492.51
184.62
1,394.34
586.00
46.11
6.7
2.2
25,285.79
CEYLON INVESTMENT
CINV
119.00
(0.67)
(5.98)
(8.08)
98.51
24.30%
65.33
1,564.18
699.66
97.30
767.22
317.82
15.88
7.5
1.8
11,723.27
COLOMBO FORT INV.
CFI
300.00
(13.62)
(9.09)
(16.90)
5.00
7.70%
33.82
13.03
1.54
2.85
4.50
4.14
9.91
2.61
115.1
8.9
1,500.00
COLOMBO INV. TRUST
CIT
300.30
(10.36)
(14.20)
(14.20)
5.50
7.15%
22.85
8.99
1.47
1.54
3.60
2.38
8.40
1.63
183.7
13.1
1,651.65
SHAW
365.00
(6.82)
8.34
19.67
5.12
0.70%
437.86
15.76
35.28
1.18
(20.70)
(17.45)
3.08
118.6
0.8
1,869.00
RENUKA HOLDINGS [V]
RHL
60.00
(3.23)
(0.17)
(0.66)
43.75
40.31%
44.24
780.04
100.97
323.15
1.30
354.62
119.00
15.60
3.8
1.4
2,625.00
RENUKA HOLDINGS [NV]
RHL
39.90
(0.25)
4.45
3.91
6.25
40.31%
309.66
780.04
100.97
323.15
1.30
354.62
119.00
15.60
2.6
0.1
249.38
WAPO
160.90
(3.45)
(6.39)
(9.63)
25.83
21.76%
31.97
179.73
(0.07)
(9.31)
188.73
0.38
na
6.96
23.1
5.0
4,156.66
BLI
60.00
-3.20
-6.49
-12.45
20.20
SHAW WALLACE
WATAPOTA INVESTMENTS
BIMPUTH LANKA INVESTMENTS
07th October 2011
Sri Lanka Focus

Year
Company
End
LAND AND PROPERTY
Price
Price Performance
(LKR) 1W(%) 1M(%) 1Q(%)
(1.59) (7.56) 16.93
Shares Trailing
Mn
ROE
5.80%
BVPS
Net Profit
4Qtrs
2,125.81
PBV
Mar'11
796.72
Dec'10
753.24
Net Profits
Sept'10
239.97
Trailing
June'12
341.47
Jun10
181.83
Trailing
EPS
PE
22.85
Mkt Cap Mn
1.32
32.74
52.27
22.84
23.13
20.79
2.69
11.2
0.7
1,467.38
8.58
16.89
115.26
15.63
15.33
8.1
1.9
1,273.98
C T LAND
CTLD
30.10
(0.66)
(3.22)
6.36
48.75
5.92%
45.35
130.98
CARGO BOAT
CABO
124.90
1.22
(1.96)
(3.48)
10.20
23.01%
66.61
156.36
CEYLINCO HOUSING
CHOU
22.10
(3.48)
(11.20)
16.84
13.38 -188.39%
5.63
(141.88)
(17.40)
(26.76)
(55.50)
(42.22)
(38.34)
na
na
3.9
295.69
CSD
13.80
(1.44)
(9.87)
19.13
147.96
0.57%
29.65
24.96
54.95
0.45
13.09
(43.52)
(25.33)
0.17
81.8
0.5
2,041.92
COLOMBO LAND
CLND
62.60
(3.53)
(3.82)
56.86
199.88
0.42%
13.98
11.68
5.93
0.96
2.40
2.40
0.06
1071.3
4.5
12,512.55
COMMERCIAL DEVELOP.
COMD
119.40
13.44
9.98
8.08
12.00
11.38%
60.38
82.46
21.19
13.64
37.69
9.94
11.00
6.87
17.4
2.0
1,432.80
EAST WEST
EAST
30.90
(7.81)
(33.98)
119.29
138.24
4.28%
3.19
18.86
17.28
4.37
23.70
(26.49)
0.14
226.5
9.7
4,271.62
EQUITY ONE
EQIT
54.00
2.08
3.85
2.86
40.32
3.67%
36.19
53.58
4.17
30.60
27.93
(9.11)
(7.66)
1.33
40.6
1.5
2,177.37
EQUITY TWO
ETWO
30.80
5.48
(4.05)
(3.75)
31.00
6.04%
16.47
30.84
2.45
10.91
15.51
1.96
1.10
0.99
31.0
1.9
954.80
HUEJAY
HUEJ
170.00
(9.38)
6.92
(2.80)
1.80
-19.42%
7.51
(2.63)
(1.41)
(1.21)
na
na
na
na
22.6
306.00
KELSEY DEVELOPMENTS
KDL
28.70
(6.17)
(11.08)
52.11
17.43
-10.70%
7.29
(13.59)
(3.96)
(6.66)
(4.70)
1.73
0.92
na
na
3.9
500.22
ON'ALLY HOLDINGS
ONAL
71.40
(4.67)
(12.82)
(46.64)
17.50
8.63%
58.74
88.71
13.77
56.24
9.04
9.67
10.05
5.07
14.1
1.2
1,249.55
OVERSEAS REALTY
OSEA
14.50
(1.37)
(5.88)
(2.04)
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
PDL
68.50
0.59
(3.52)
13.98
66.00
14.76%
28.46
277.28
71.00
74.91
76.18
55.20
54.90
4.20
16.3
2.4
4,521.00
SERENDIB LAND
SLND
2999.00
0.36
3.05%
567.86
6.24
1.47
1.68
1.49
1.60
17.34
172.9
5.3
1,079.64
YORK ARCADE
YORK
29.70
0.99
(1.29)
(2.54)
12.00
13.30%
8.70
13.88
7.75
2.28
2.59
1.26
1.16
25.7
3.4
356.40
TOUCHWOOD
TWOD
24.00
4.35
2.13
(11.11)
71.27
18.04%
39.92
513.07
426.80
86.26
na
na
7.20
3.3
0.6
1,710.49
(3.35)
(3.70)
8,256.43
2,173.41
1,255.58
2,176.80
2,639.96
1,145.30
ABAN
248.10
0.89
(0.44)
(5.45)
4.26
28.85%
91.80
112.78
31.11
17.37
28.00
36.30
25.54
26.48
9.4
2.7
1,056.61
ACL CABLES
ACL
76.00
(1.30)
(5.00)
(5.82)
59.89
5.69%
77.01
262.21
85.90
(8.60)
118.16
66.74
37.21
4.38
17.4
1.0
4,551.92
ACL PLASTICS
APLA
142.00
(4.05)
(5.96)
(11.69)
4.21
14.32%
117.83
71.07
14.15
9.92
14.27
32.73
18.55
16.87
8.4
1.2
598.18
ACME
ACME
24.40
(6.54)
(7.95)
25.26
25.61
1.64%
16.64
6.99
(0.99)
5.74
4.63
(2.39)
(8.85)
0.27
89.4
1.5
624.96
ALUFAB
ALUF
54.40
(7.53)
(25.52)
(69.63)
12.06
-3.16%
-4.01
1.53
0.47
(0.48)
1.19
0.34
0.14
0.13
430.1
na
655.97
BLUE DIAMONDS [V]
BLUE
10.20
2.02
(1.94)
18.82
103.30
1.79%
1.25
5.76
22.33
(11.77)
1.74
(6.54)
(3.52)
0.02
454.1
8.1
1,053.67
BLUE DIAMONDS [NV]
BLUE X
5.00
2.04
2.04
138.10
153.37
1.79%
1.25
5.77
22.33
(11.77)
1.74
(6.54)
(3.52)
0.02
222.6
4.0
766.85
BOGALA GRAPHITE
BOGA
50.80
(3.44)
(1.56)
(3.98)
47.32
12.51%
3.35
19.85
3.49
2.42
21.45
(7.51)
30.17
0.42
121.1
15.2
2,403.68
CENTRAL INDUSTRIES
CIND
87.70
1.98
(5.19)
(7.68)
9.88
9.72%
1.34
79.05
18.51
24.01
23.26
13.27
13.49
8.00
11.0
1.1
866.85
GRAIN ELEVATORS
GRAN
112.00
(2.36)
(2.36)
7.20
60.00
23.68%
37.27
529.65
84.84
94.33
205.49
144.99
96.00
8.83
12.7
3.0
6,720.00
CHEVRON LUBRICANTS
LLUB
160.00
(2.57)
(2.68)
3.37
120.00
55.84%
23.11
1,548.52
422.63
413.10
317.68
395.11
413.49
12.90
12.4
6.9
19,200.00
DANKOTUWA
DPL
34.20
(2.84)
(12.31)
(22.45)
72.25
-2.53%
10.46
(19.14)
(32.52)
(16.29)
18.62
11.06
(15.57)
na
na
3.3
2,470.80
DIPPED PRODUCTS
DIPD
119.00
2.15
2.59
25.26
59.86
19.75%
65.97
779.82
390.37
122.97
171.20
95.28
57.16
13.03
9.1
1.8
7,123.52
HAYLEYS EXPORTS
HEXP
40.70
3.18
4.98
(2.76)
8.00
-10.35%
41.84
(34.65)
(7.51)
(26.63)
(2.60)
2.08
(22.33)
na
na
1.0
325.60
KELANI CABLES
KCAB
91.00
(9.90)
(4.21)
(3.29)
21.80
10.24%
77.02
171.90
48.78
53.33
47.39
22.40
5.67
7.89
11.5
1.2
1,983.80
KELANI TYRES
TYRE
43.90
(1.35)
(10.41)
1.62
80.40
17.41%
15.45
216.19
18.91
54.16
74.94
68.18
65.67
2.69
16.3
2.8
3,529.56
LANKA ALUMINIUM
LALU
49.10
(6.12)
(12.79)
(16.07)
13.70
4.56%
30.74
19.19
(5.43)
2.98
9.07
12.57
(5.82)
1.40
35.1
1.6
672.81
LANKA CEMENT
LCEM
22.80
(4.58)
(4.58)
2.23
173.51
-15.00%
0.42
(10.96)
(3.73)
(2.35)
(1.44)
(3.44)
na
na
54.1
3,956.05
LANKA CERAMIC
CERA
102.50
(3.48)
(11.49)
(24.07)
30.00
16.18%
75.84
368.08
34.90
103.93
136.05
93.20
(73.79)
12.27
8.4
1.4
3,075.00
LANKA TILES
TILE
103.00
2.59
0.98
(3.74)
53.05
20.67%
43.03
471.77
69.33
149.73
148.58
104.13
103.56
8.89
11.6
2.4
5,464.19
LANKA WALLTILES
LWL
110.00
3.96
4.55
(13.83)
54.60
17.02%
63.74
592.48
53.97
161.11
226.80
150.60
(130.64)
10.85
10.1
1.7
6,006.00
LAXAPANA
LITE
13.00
(9.72)
4.00
22.64
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
24.50
(5.04)
(3.92)
(5.77)
27.37
-2.99%
20.22
(16.57)
(22.32)
3.64
17.32
(15.20)
0.87
na
na
1.2
670.61
PELWATTE SUGAR
SUGA
33.50
(4.00)
(3.45)
(1.47)
67.98
-62.15%
9.34
(394.42)
83.66
(723.45)
(168.72)
414.09
(197.69)
na
na
3.6
2,277.23
PIRAMAL GLASS
GLAS
8.30
(1.19)
(3.49)
(6.74)
950.09
22.72%
3.09
666.86
141.29
178.47
190.10
157.00
53.18
0.70
11.8
2.7
7,885.71
PRINT CARE
CARE
41.00
(0.74)
(0.74)
(5.84)
85.97
20.30%
11.83
206.43
38.13
47.03
60.58
60.70
38.28
2.40
17.1
3.5
3,524.63
REGNIS
REG
505.00
14.99
212.08
204.94
4.83
16.08%
104.47
81.13
18.01
27.44
21.81
13.87
15.71
16.80
30.1
4.8
2,438.69
RICH PIERIS EXPORTS
REXP
33.10
8.55
4.43
(24.14)
11.16
55.77%
-10.73
(66.79)
(11.03)
(69.15)
(1.18)
14.58
(16.75)
na
na
na
369.52
RCL
130.60
(1.43)
(12.99)
(17.71)
110.79
28.12%
47.12
391.48
439.69
412.89
224.05
382.45
13.25
9.9
2.8
14,469.09
SAMSON INTERNATIONAL
SIL
150.00
(14.33)
7.14
42.99
3.85
-12.40%
88.60
(42.27)
1.27
(13.43)
(12.53)
(17.58)
(6.36)
na
na
1.7
577.20
SINGER INDUSTRIES
SINI
336.20
(12.37)
50.47
41.55
3.85
20.11%
222.01
171.76
23.85
27.59
(31.31)
151.63
0.88
44.65
7.5
1.5
1,293.13
CEYLINCO SEYLAN
PROPERTY DEVELOPMENT
MANUFACTURING
ABANS
ROYAL CERAMICS
(1.34)
17.14%
1,468.11
na
15.02
2.57
124,009.78
TKYO
50.00
(1.96)
(11.19)
202.50
14.22%
19.21
829.26
214.08
128.20
192.69
294.30
240.55
2.73
18.3
2.6
10,125.00
TKYO X
37.50
1.08
(4.34)
(7.18)
101.25
14.22%
19.21
829.26
214.08
128.20
192.69
294.30
240.55
2.73
13.7
1.3
3,796.88
SIERRA CABLES
SIRA
4.60
(4.17)
537.51
3.62%
2.50
48.61
48.87
55.10
(69.88)
14.52
15.32
0.09
50.9
1.8
2,472.56
TEXTURED JERSEY
TJL
13.8
4.84
(4.69)
(9.72)
655.00
TOKYO CEMENT [V]

TOKYO CEMENT [NV]
143.97
07th October 2011
Sri Lanka Focus

Year
Company
End
MOTORS
Price
Shares Trailing BVPS

Price Performance
(LKR) 1W(%) 1M(%) 1Q(%)
Mn ROE
(2.89) (3.63) (15.44)
39.87%
Net Profit
4Qtrs
5,105.13
1,528.35
Mar'11
1,119.78
Net Profits
Dec'10
Sept'10
1,741.60
715.40
Trailing Trailing
Jun10
415.34
EPS
PE
8.11
PBV
Mkt Cap Mn
3.23
AUTODROME
AUTO
852.00
(5.70)
(2.65)
(12.53)
1.20
9.12%
448.08
49.03
10.27
12.00
15.40
11.37
10.00
40.86
20.9
1.9
COLONIAL MOTORS
COLO
499.80
6.88
10.17
60.67
9.12
20.48%
168.39
314.64
143.01
112.89
46.20
12.54
25.38
34.48
14.5
3.0
4,560.33
DIMO
DIMO
1350.00
(1.11)
(6.48)
(4.66)
8.88
55.66%
522.31
2,580.31
636.40
664.37
973.90
305.64
151.20
290.69
4.6
2.6
11,983.19
LANKA ASHOK
ASHO
3100.00
(11.43)
(16.22)
(47.62)
3.62
53.99%
390.25
762.90
279.00
(66.90)
321.60
229.20
157.03
210.70
14.7
7.9
11,224.61
SATHOSA MOTORS
SMOT
340.00
33.12
33.70
6.03
29.33%
83.90
148.48
49.22
53.38
22.60
23.27
11.03
24.61
13.8
4.1
2,051.43
UNITED MOTORS
UML
157.20
1.16
5.36
12.29
67.27
29.93%
62.08
1,249.77
410.45
344.04
361.90
133.38
60.69
18.58
8.5
2.5
10,574.39
(1.41)
(1.73)
0.54
7,278.64
3,110.83
1,055.89
641.52
2,470.41
1,614.30
19.2
7.0
OIL PALMS
36.79%
1,022.40
BUKIT DARAH
BUKI
1050.20
(1.85)
(1.85)
(0.45)
102.00
47.40%
138.84
6,712.64
2,943.95
900.51
506.83
2,361.36
1,363.50
65.81
16.0
7.6
107,120.40
GOOD HOPE
GOOD
1185.20
0.26
0.26
(1.50)
6.87
8.31%
220.00
125.67
33.40
34.46
31.63
26.18
67.96
18.29
64.8
5.4
8,143.87
INDO MALAY
INDO
1390.00
(0.35)
7.75
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
1125.00
(0.01)
(10.00)
2.26
6.94
9.36%
313.37
203.46
68.41
54.32
45.22
35.51
70.01
29.32
38.4
3.6
7,807.59
SHALIMAR
SHAL
950.00
7.33
7.93
6.94
8.23%
235.13
134.36
38.87
38.46
32.43
24.60
57.53
19.36
49.1
4.0
6,593.08
3,981.17
(629.58)
2,381.06
1,566.98
662.72
910.53
PLANTATIONS
(2.11)
(7.41) (20.34)
19.94%
8.3
1.66
AGALAWATTE
AGAL
50.00
(5.68)
(20.85)
(28.06)
25.00
29.82%
31.39
234.03
(22.36)
121.4
76.05
58.90
(15.43)
9.36
5.3
1.6
BALANGODA
BALA
35.80
(2.20)
(14.04)
(27.70)
23.64
17.12%
61.72
249.77
84.16
132.3
34.56
(1.25)
84.00
10.57
3.4
0.6
846.18
BOGAWANTALAWA
BOPL
18.00
1.22
(5.14)
(9.78)
83.75
-1.23%
11.39
(11.78)
(44.18)
62.9
69.15
(99.64)
28.59
na
na
1.6
1,507.50
HAPUGASTENNE
HAPU
63.00
1.77
3.44
(10.11)
46.32
6.50%
31.02
93.33
(35.60)
53.7
0.12
75.11
117.73
2.02
31.3
2.0
2,917.89
HORANA
HOPL
40.50
1.00
(16.36)
(37.65)
25.00
31.13%
41.91
326.17
(13.30)
154.9
135.31
49.22
(13.72)
13.05
3.1
1.0
1,012.50
KAHAWATTE
KAHA
33.40
3.09
(2.91)
(4.57)
79.89
20.75%
13.05
216.34
(115.74)
141.4
68.57
122.07
49.50
2.71
12.3
2.6
2,668.32
KEGALLE
KGAL
143.00
(1.38)
(4.67)
(20.99)
25.00
30.20%
98.51
743.81
31.37
270.1
227.41
214.90
125.31
29.75
4.8
1.5
3,575.00
KELANI VALLEY
KVAL
105.00
(10.71)
(12.82)
(33.82)
34.00
20.95%
55.90
398.23
(49.26)
246.2
165.19
36.07
7.39
11.71
9.0
1.9
3,570.00
KOTAGALA
KOTA
89.10
(2.28)
(14.46)
(31.06)
32.00
28.79%
69.34
638.89
26.37
175.5
238.61
198.38
55.77
19.97
4.5
1.3
2,851.20
MADULSIMA
MADU
18.00
(3.23)
(13.04)
(21.74)
29.00 -13.37%
57.63
(223.47)
(116.86)
37.5
(50.08)
(94.01)
14.59
na
na
0.3
522.00
MAL
6.80
(1.45)
(10.53)
22.70%
9.12
464.96
92.61
198.6
101.13
72.58
175.99
2.07
3.3
0.7
1,527.21
MASKELIYA
MASK
24.80
5.53
(1.98)
(4.62)
26.98 -41.67%
25.61
(287.88)
(317.75)
30.9
57.27
(58.34)
12.07
na
na
1.0
669.02
NAMUNUKULA
NAMU
96.00
(2.11)
(1.27)
(18.49)
23.75
25.26%
54.56
327.24
1.26
100.7
116.76
108.56
83.35
13.78
7.0
1.8
2,280.00
TALAWAKELLE
TPL
32.40
0.31
(3.83)
(11.89)
23.75
8.24%
46.62
91.20
(75.79)
71.8
101.93
(6.76)
(2.80)
3.84
8.4
0.7
769.50
UDAPUSSELLAWA
UDPL
40.80
(2.86)
8.22
2.00
19.40
1.36%
21.22
5.58
(33.79)
(9.2)
36.28
12.24
41.99
0.29
141.8
1.9
791.47
WATAWALA PLANTATIONS
WATA
17.30
(5.00)
(11.40)
(22.62)
236.67
17.69%
10.88
455.54
(40.73)
296.8
188.73
10.72
146.20
1.92
9.0
1.6
4,094.33
ELPITIYA
ELPL
24.80
1.64
(6.06)
(12.06)
72.87
18.44%
18.71
251.44
251.4
na
na
3.45
7.2
1.3
1,807.09
MET.RES.HOL
MPRH
28.90
2.12
(3.99)
2.85
17.26
1.14%
39.52
7.77
43.8
(36.02)
na
0.45
64.2
0.7
498.95
ASIRI CENTRAL
ASHA
230.00
17.40
9.57
12.52
22.33
-9.82%
45.0
(176.52)
ASIRI SURGICAL
AMSL
8.40
1.20
(6.67)
5.00
528.46
13.08%
3.8
291.69
89.7
90.0
ASIRI HOSPITAL
ASIR
9.70
(2.02)
(4.90)
15.48
889.26
8.52%
2.9
238.85
73.8
CEYLON HOSPITALS [V]
CHL
90.00
(2.07)
(6.25)
(10.00)
25.53
4.39%
72.7
89.42
CEYLON HOSPITALS [NV]
CHL X
70.00
(2.23)
(11.05)
(12.83)
8.35
1.89%
72.7
LANKA HOSPITALS
LHCL
57.40
(8.73)
(10.30)
44.47
223.73
10.54%
NAWALOKA
NHL
4.10
(2.38)
5.13
1409.51
5.87%
MALWATTE VALLEY
HEALTH SERVICES
(1.61)
224.59
(5.05) 17.84
5.73%
958.19
308.85
182.66
295.63
171.04
1,160.44
41.4
1,250.00
2.37
(116.04)
na
na
na
2.9
5,136.81
51.4
60.65
85.29
0.55
15.2
2.0
4,439.04
64.3
77.3
23.38
24.59
0.27
36.1
3.1
8,625.85
38.5
(3.836)
40.637
50.92
40.30
2.64
34.1
1.5
2,297.45
38.50
38.5
(3.836)
40.637
40.30
2.64
26.5
1.0
584.18
9.8
301.63
66.2
65.2
106.0
64.30
67.96
1.35
42.6
4.5
12,842.23
2.0
174.62
2.2
23.7
60.9
87.83
902.00
0.12
33.1
1.9
5,778.97
-60.5
07th October 2011
Sri Lanka Focus

Year
Company
End
Price
Shares Trailing
Price Performance
(LKR) 1W(%) 1M(%) 1Q(%)
Mn
ROE
(0.64) (4.00) (2.02)
31.36%
BVPS
Net Profit
4Qtrs
761.90
Trailing
Trailing
PBV
Dec'10
112.09
Net Profits
Sept'10
118.18
Jun10
71.57
EPS
PE
10.55
83.93
107.29
70.74
13.17
6.5
3.0
Mkt Cap Mn
25.97
Mar'11
502.72
JOHN KEELLS LIMITED
JKL
86.00
(0.70)
(6.96)
(13.27)
60.80
45.33%
29.06
800.77
66.67
542.88
LAKE HOUSE PRINTING
LPRT
172.10
(4.97)
(1.66)
17.80
2.94
1.87%
43.20
2.38
2.00
(1.48)
0.56
1.29
(1.09)
0.81
212.8
4.0
505.50
MERC. SHIPPINGS
MSL
352.40
4.69
13.68
2.84
-17.24%
106.16
(52.07)
(10.40)
(38.68)
4.42
(7.41)
(1.42)
na
na
3.3
1,002.57
CEYLON PRINTERS
CPRT
100.00
0.04 -242.06%
376.66
(31.92)
(32.30)
KALAMAZOO
KZOO
3200.00
(8.57)
3.26
0.05
878.80
2.55
PARAGON
PARA
1899.00
18.69
0.10
CEYLON TEA BROKERS
CTBL
8.30
1.22
3.75
72.92
114.00
1.55
39.80
SERVICES
STORES AND SUPPLIES
(7.56)
(6.44)
(4.72)
5.80%
na
22.55%
606.01
88.69
5,228.80
0.38
na
0.40
na
na
0.3
3.50
0. 79
na
2.55
51.00
62.7
3.6
160.00
0.39
3.90
487.1
na
189.95
na
22.79
17.01
na
0.35
23.8
5.4
946.20
130.27
333.07
53.99
90.16
0.39
12.30%
3.31
20.37
2.50
COLOMBO PHARMACY
PHAR
1650.00
(2.94)
(4.66)
(20.49)
1.27
2.44%
622.10
19.35
3.29
4.69
3.37
8.00
5.16
15.20
108.5
2.7
2,100.21
E B CREASY
EBCR
2300.00
(8.00)
(11.54)
12.20
2.54
25.89%
733.48
481.57
64.60
123.41
293.56
220..22
82.12
189.93
12.1
3.1
5,831.55
GESTETNER
GEST
352.00
(5.88)
46.67
46.06
2.28
43.89%
22.91
22.91
5.85
1.13
5.34
10.59
(3.35)
10.06
35.0
15.4
801.90
HUNTERS
HUNT
702.00
(9.73)
(6.28)
(20.95)
5.15
3.69%
432.42
82.19
14.96
1.03
30.80
35.40
6.23
15.97
43.9
1.6
3,611.79
3,681.08
500.84
(231.33)
2,313.10
1,095.31
451.28
BROWNS
BRWN
275.00
(0.04)
(0.04)
(14.83)
70.88
12.88%
215.68
1,968.09
86.69
(459.96)
1,572.96
768.40
182.18
27.77
9.9
1.3
19,490.63
C W MACKIE
CWM
101.90
2.93
9.10
17.13
35.99
19.39%
38.90
271.45
102.19
121.84
0.42
47.00
43.66
7.54
13.5
2.6
3,667.23
CEYLON FOREIGN TRADES

EASTERN MERCHANTS
CFT
EMER
M
M
10.80
26.80
15.05
(7.12)
15.05
(98.87)
9.18
(97.63)
140.20
117.45
5.85%
2.71%
4.31
7.94
35.38
25.30
6.60
29.29
17.61
(12.87)
7.29
8.88
3.89
na
0.45
16.00
0.25
0.22
42.8
124.4
2.5
3.4
1,514.12
3,147.55
ENVIRONMENTAL RESOURCES
RADIANT GEMS
GREG
RGEM
M
M
60.70
170.00
(6.38)
(20.44)
(10.28)
68.13
(3.06)
78.05
315.48
2.40
6.53%
-1.09%
23.32
13.90
480.56
(0.36)
(16.77)
(149.83)
2.30
486.70
(2.19)
160.45
(1.04)
43.82
0.57
1.52
na
39.8
na
2.6
12.2
19,149.76
408.00
125.21
19.62%
35.43
870.50
292.84
249.58
225.55
102.53
162.00
6.95
18.0
3.5
15,663.72
0.08
9.15%
264.29
2.02
na
2.60
24.19
5.0
0.5
10.04
180.00
9.35%
1.67
28.15
0.16
35.8
3.3
1,008.00
TRADING
(2.73)
1.54
1.24
12.12%
SINGER SRI LANKA
SINS
125.10
(6.78)
2.96
9.64
OFFICE EQUIPMENT
OFEQ
120.40
TESS AGRO
TESS
5.60
(6.67)
55.56
100.00
5.61
2.30
6.85
1,929.14
HPWR
33.40
(0.60)
(4.58)
1.52
125.20
15.80%
21.78
430.67
LANKA IOC
LIOC
17.40
(4.92)
(8.90)
2.96
532.53
10.42%
17.23
VIDULLANKA
VLL
9.20
1.10
2.22
22.67
432.88
16.53%
VPEL
9.20
(2.15)
(11.65)
747.11
21.03%
LGL
50.00
18.67
15.00
16.95
335.00
9.12%
579.02
LAUGFS GAS (X)
LGL
29.80
10.07
2.79
(0.67)
52.00
9.12%
579.02
HYDRO POWER
HPFL
15.10
8.82
7.25
9.63
109.09
7.38%
62.93
17.60
PANASIAN POWER
PAP
5.10
6.25
(1.92)
8.51
500.00
14.50%
108.33
60.13
48.20
3.24
(4.88)
4.78
E-CHANNELLING
ECL
9.70
15.48
25.97
49.23
PC HOUSE
PCH
16.90
(11.52)
(3.98) 228.9333
POWER & ENERGY

HEMAS POWER
VALLIBEL POWER
LAUGFS GAS
INFORMATION TECHNOLOGY
14.07
14.08
na
183.04
35.96
900.10
810.04
139.08
86.85
112.12
107.40
124.31
80.01
3.44
9.7
1.5
4,181.68
956.38
(36.25)
(111.30)
602.36
501.57
(116.00)
1.80
9.7
1.0
9,266.02
2.15
153.93
38.31
(9.42)
69.40
55.63
56.87
0.36
25.9
4.3
3,982.47
2.47
388.15
94.12
44.56
120.94
128.53
118.20
0.52
17.7
3.7
6,873.41
251.48
327.54
251.48
327.54
22.14
23.19
2.20
2.80%
2.80%
2.11
na
13.14%
122.13
(0.58)
17.40
2.20
0.64
2.20
2.20
146.00
57.69
38.31
50.00
12.60
538.49
na
0.02
538.5
1.66
6.85
15.1
1,184.67
Research
Senior Analyst
Amali Perera
(94-11)5320256
amali@asiacapital.lk
Economy
Corporates
Minoli Mallwaarachchi
Nirmala Samarawickrama
Dilan Wijekoon
Thilina Ukwatta
Shan Silva
Dhanusha Pathirana
Travis Gomez
(94-11)5320259
(94-11)5320253
(94-11)5320253
(94-11)5320253
(94-11)5320251
(94-11)5320254
(94-11)5320000
Statistician
Nuwan Pradeep
(94-11)5320257
Sales
Institutional Sales
Sabri Marikar
Niroshan Wijayakoon
Niyaz Aboobucker
Anura Hedigallage
Chelaka Hapugoda
Chaminda Mahanama
Hiran Bibile
Arshwin Amarasekara
(94-11) 5320224
(94-11) 5320208
(94-11) 5320213
(94-11) 5320211
(94-11) 5320240
(94-11) 5320223
(94-11) 5320238
(94-11) 5320215
Retail Sales
077 3-576868
0777-713645
0777-727352
0777 -713663
0777 -256740
0777 -556582
0777 -352032
0773 -717220
sabri@asiacapital.lk
niroshan@asiacapital.lk
niyaz@asiacapital.lk
anura@asiacapital.lk
chelaka@asiacapital.lk
mahanama@asiacapital.lk
hiran@asiacapital.lk
arshwin@asiacapital.lk
Shiyam Subaulla
Gagani Jayawardhana
Priyantha Hingurage
Neluka Rodrigo
Subeeth Perera
(011)- 5320218
(011)- 5320236
(011)- 5320217
(011)- 5320214
(011)- 5320227
0773-502016
0714-084953
0773-502015
0777-366280
0714-042683
shiyam@asiacapital.lk
gagani@asiacapital.lk
priyantha@asiacapital.lk
neluka@asiacapital.lk
subeeth@asiacapital.lk
Branches
Branches
CSE Floor
CSE,01-04, World Trade Centre, Colombo 1.
Kiribathgoda
Level 2-6,Udeshi City Shopping complex, No 94,Makola Rd,Kiribathgoda
Kurunegala
Union Assurance Building, No.6,1st Floor, Rajapilla Rd, Kurunagala.
Matara
Galle
E.H.Cooray Building, Mezzanine Floor, No:24, Anagarika Darmapala Mw,

Matara
Peoples Leasing Building, 2nd Floor, No.118,Matara Road, Galle
Negombo
Asia Asset Finance, 171/1, Station Road, Negombo.
Service Centers
Service Centers
Kandy
k3-L1,Level 01,kcc, No 5 ,Dalda Veediya, Kandy.
Hambantota
Hambanthota Chamber of Commerce, Thangalle Road, Hambantota.
Ampara
2nd Floor, T.K.S. Building, D.S. Senanayake Street, Ampara.
Jaffna
11-8, First Floor, Stanley Road, Jaffna
Wennappuwa
Asia Asset Finance, No.176, Negombo Road, Katuneriya.
Moratuwa
Asia Asset Finance, No.18, New De Zoysa Rd, Moratuwa.
Panadura
Asian Alliance Building, 293, Galle Road, Panadura
Thushara Adhikari
M G Suranjana
Danushka Boteju
Suranga Harshana
Asanka Samarakoon
Gayan Nishsanka
Bandula Lansakkara
Sumeda Jayawardena
Lalinda Liyanapathirana
Ruchira Hasantha
Ushan Sachith
Uthpala Karunatilake
(011)-5735122
(011)-5763539
(011)-5634803
(011)-5734773
(037)-5628844
(037)-5642717
(037)-5643580
(041)-5677525
(041)-5677526
(091)-5629998
(091)-5676767
(031)-5676881
0773-688202
0773-954994
0716-270527
0783-452500
0773-690749
0777-105356
0773-925852
0773-687027
0778-628798
0773-687027
0778-628798
0773-691685
adhikari@asiacapital.lk
Gayan Perera
(031)-5676880
0772-544044
gayan@asiacapital.lk
Nilupul Hettiarachchi
Radhika Hettiarachchi
Gayan Sanjeewa
Anusha Muthumali
Shermin Ranasinghe
Ravi De Mel
Madushanka Rathnayaka
Gratian Nirmalan
S.Puviraj
Sajith Iroshan
Sandun Athulathmudali
Hashan Lalantha
Charith Perera
Ranganath Wijetunga
Asanka Chaminda
(081)-5628500
(081)-5625577
(047)-5679240
(047)-5679241
0773-691816
0777-810694
0715-536309
0772-351716
0772-378352
(063)-5679071 0772-681995
(063)-5679070 0779-036577
(021)-5671800 0777-567933
(021)-5671801 0775-096969
(032)- 5673881 0773-740208
(032)- 5673882 0772-533331
(011)-5238662
(011)-5238663
(038)-5670400 0715-120723
(038)-5670407 0713-559552
boteju@asiacapital.lk
harshana@asiacapital.lk
asanka@asiacapital.lk
nishshanka@asiacapital.lk
sumeda@asiacapital.lk
rishan@asiacapital.lk
ruchira@asiacapital.lk
ushan@asiacapital.lk
uthpala@asiacapital.lk
nilupul@asiacapital.lk
radhika@asiacapital.lk
sanjeewa@asiacapital.lk
muthu@asiacapital.lk
shermin@asiacapital.lk
ravide@asiacapital.lk
shanka@asiacapital.lk
nirmal@asiacapital.lk
puviraj@asiacapital.lk
sajith@asiacapital.lk
sranga@asiacapital.lk
lalantha@asiacapital.lk
charithn@asiacapital.lk
ranganath@asiacapital.lk
chaminda@asiacapital.lk
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
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Sri Lanka Stock Market Weekly 38

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07th October 2011

7th October 2011

Sri Lanka Focus

ASIA RESEARCH TEAM 1

Weekly Report by Asia Wealth Management Research

ASI Daily Closing

Market continues a bear Run......

Analysis of Various Warrants Listed on the CSE

Comparison of the warrants trading price with its

Asia Wealths Billion Rupee Club

ASI closing (LHS)

Strong Performance on Thin Turnovers.

All Share Index

Major Price Movements

Seylan Merchant Bank (W16)

Sri Lanka Focus

07th October 2011

ASIA RESEARCH TEAM 2

The Week in FOCUS

07th October 2011

Sri Lanka Focus

ASIA RESEARCH TEAM 3

Price According to Black

Sri Lanka Focus

07th October 2011

ASIA RESEARCH TEAM 4

Colombo Bourses Billion Rupee Club

Net Profit 4qtr

07th October 2011

Sri Lanka Focus

ASIA RESEARCH TEAM 5

Rubber (RSS 1) LKR

Sri Lanka Focus

07th October 2011

ASIA RESEARCH TEAM 6

07th October 2011

Sri Lanka Focus

ASIA RESEARCH TEAM 7

Charts Sourced from Asia Wealth Research

TOKYO CEMENT COMPANY

COLONIAL MOTORS PLC

Expo Lanka Holdings

EXPOLANKA HOLDINGS PLC

John Keells Holdings

JOHN KEELLS HOLDINGS PLC

07th October 2011

Sri Lanka Focus

ASIA RESEARCH TEAM 8

ASIAN HOTELS & PROPERTIES PLC

Chemicals & Pharmaceuticals

CIC HOLDINGS PLC

With countrys agricultural sector achieving a phenomenal growth during the

COMMERCIAL BANK OF CEYLON PLC

Food & Beverage

DISTILLERIES COMPANY OF SRI LANKA PLC

07th October 2011

Sri Lanka Focus

ASIA RESEARCH TEAM 9

HATTON NATIONAL BANK PLC

CHEVRON LUBRICANTS LANKA PLC

Banking & Finance

ROYAL CERAMICS LANKA PLC

Sri Lanka Focus