The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» Elsewhere vs SL : Honesty, Social responsibility , Word twisting and Decency
Yesterday at 7:50 pm by nihal123

» Dividend Announcement
Yesterday at 5:03 pm by Ethical Trader

» සතියක් තුළ දී ඒකක 90 කින් කොටස් වෙළෙඳපොළ පහළට. විදෙස් විකුණුම් තවදුරටත්
Yesterday at 4:46 pm by Ethical Trader

» බියර් සමාගමේ ලාභය 133% කින් වැඩිවෙද්දී අරක්කු සමාගමේ ලාභය 83% කින් වැඩිවෙලා
Yesterday at 4:45 pm by Ethical Trader

» Obituary Notice.
Fri Aug 17, 2018 9:16 am by කිත්සිරි ද සිල්වා

» රුපියල 161.54ට යයි
Thu Aug 16, 2018 10:34 pm by nihal123

» PABC.N0000 (Pan Asia Banking Corporation PLC)
Thu Aug 16, 2018 2:14 pm by lanka

» අනං මනං! #/+?.<>
Wed Aug 15, 2018 12:49 pm by Ethical Trader

» ආදායම් බද්දෙන් ආසිරි තැලෙයි
Wed Aug 15, 2018 12:30 pm by Ethical Trader

» Sri Lankan listed firms told to pay dividends directly to shareholder bank accounts
Tue Aug 14, 2018 2:38 am by pjrngroup

» Sri Lanka's Hayleys group to sell assets to reduce debt
Mon Aug 13, 2018 10:05 pm by nihal123

» අපේ දුම්රිය සේවය තැබු ලෝක වර්තාව; වර්ජනයේ අරමුණ රුපියල් 11605 කින් පඩි වැඩිකර ගැනීම!
Mon Aug 13, 2018 3:05 pm by Yin-Yang

» "මාව පෙළඹෙව්වේ සංගක්කාර" - ඉන්දීය ක්‍රිකට් ක්‍රීඩිකා ස්ම්‍රිති මන්දනා
Sat Aug 11, 2018 5:08 pm by Ethical Trader

» Sri Lanka's Ceylon Tobacco net up 47-pct, volumes grow
Fri Aug 10, 2018 5:19 pm by Ethical Trader

» Sri Lanka's Tokyo Cement in the red, vessel sale adds to loss
Fri Aug 10, 2018 2:27 pm by The Invisible

» Sri Lanka’s Watawala Plantations June net down 57-pct
Fri Aug 10, 2018 2:26 pm by The Invisible

» Sri Lanka’s Aitken Spence Hotel June quarter losses rise 22-pct
Fri Aug 10, 2018 2:23 pm by The Invisible

» ඩොලරයේ වැඩිම විකුණුම් මිල අද වාර්තා වෙයි
Fri Aug 10, 2018 9:00 am by Ethical Trader

» BOC New Internet Banking System
Wed Aug 08, 2018 6:29 pm by Rana

» PB. N0000 (People's Bank)
Wed Aug 08, 2018 11:55 am by Ethical Trader

» දේශපාලනික වාසි උදෙසා සිදුවන ප්‍රතිපත්ති වෙනස්වීම් ගැන මහ බැංකුව මෙසේ කියයි
Wed Aug 08, 2018 11:34 am by Ethical Trader

» Amazing හෙළ වෙදකම
Wed Aug 08, 2018 11:00 am by Ethical Trader

» විදේශිකයෝ ඩොලර් මිලියන 229 ක බැඳුම්කර ආයෝජන ඉවත් කර ගනිති
Tue Aug 07, 2018 12:22 pm by Ethical Trader

» මූල්‍ය සමාගම් ඒකාබද්ධ කිරීම වක්‍රාකාරයෙන් සිදුවෙනවා – මහ බැංකු නියෝජ්‍ය අධිපති කියයි
Tue Aug 07, 2018 12:21 pm by Ethical Trader

» සිංගප්පූරු ගිවිසුමෙන් අපනයන වාසියක් නැහැ – මහ බැංකු අධිපති
Tue Aug 07, 2018 12:19 pm by Ethical Trader

» Sri Lanka to miss IMF forex reserve target; seek waiver
Mon Aug 06, 2018 10:45 am by The Invisible

» Sri Lanka targets lower forex reserves for end 2018
Mon Aug 06, 2018 10:43 am by The Invisible

» Sri Lanka economy to grow 4.0-pct in 2018
Mon Aug 06, 2018 10:42 am by The Invisible

» More curbs on cars as Central Bank battles trade gap
Mon Aug 06, 2018 10:40 am by The Invisible

» What Sri Lanka can do to improve the credibility of its dollar soft-peg
Mon Aug 06, 2018 10:39 am by The Invisible

» Sri Lanka's Hayleys Fabric back in profit in June quarter
Sun Aug 05, 2018 12:11 am by spw19721

» Sri Lanka keeps rates unchanged
Fri Aug 03, 2018 6:10 pm by Ethical Trader

» Sri Lankan shares end up 0.1-pct, foreigners buy NTB
Fri Aug 03, 2018 6:08 pm by Ethical Trader

» Sri Lanka sharply raises tax on small hybrid cars
Fri Aug 03, 2018 6:03 pm by Ethical Trader

» Sri Lanka inflation accelerates to 5.4-pct in July
Fri Aug 03, 2018 5:54 pm by Ethical Trader

» බදු ඉහළට. Wagon R, Japan Alto, Spacia ඇතුළු පොඩි කාර් මිල වැඩිවෙන්නේ මෙහෙමයි
Fri Aug 03, 2018 1:28 pm by කිත්සිරි ද සිල්වා

» India police hunt eight men after sex attack on goat
Wed Aug 01, 2018 1:04 pm by slstock

» Yes, we Khan!
Wed Aug 01, 2018 1:03 pm by කිත්සිරි ද සිල්වා

» ඡන්ද කටේ ,කුලියාපිටියේ ඇදෙන Volkswagen කතාවේ ඇත්ත තත්ත්වය මෙහෙමයි
Wed Aug 01, 2018 7:46 am by serene

» Should CSE be like this? Whose FAULT is it?
Tue Jul 31, 2018 8:24 pm by spw19721

» ලෝකය යා කරන චීන ඉදිකිරීම් වේගවත් කරන යෝධ යන්ත්‍ර
Tue Jul 31, 2018 6:08 pm by Ethical Trader

» 'කාලතුවක්කු උණ්ඩ ගස': "ඉන්දියාවේ තබා ආසියානු කලාපයේ ශාකයක් නොවෙයි"
Tue Jul 31, 2018 5:49 pm by Ethical Trader

» Happy Birthday
Mon Jul 30, 2018 10:27 pm by serene

» Whats ailing Sri Lanka ? Why we are what we are!
Mon Jul 30, 2018 5:48 pm by Ethical Trader

» Lunar Eclipse
Sun Jul 29, 2018 10:56 am by Ethical Trader

» ගුවන් යානා තුළ මකුණන් සිටීමට හේතුව කාලගුණය බව 'එයාර් ඉන්දියා' සමාගම පවසයි
Sun Jul 29, 2018 10:54 am by Ethical Trader

»  Woman finds frog parts in her packet of 'kottu'
Sun Jul 29, 2018 8:42 am by කිත්සිරි ද සිල්වා

» අඟහරු ග්‍රහයා මත ද්‍රවීය ජලය ඇති 'විලක්' ඇතැයි හෙළිවේ
Thu Jul 26, 2018 5:02 pm by Ethical Trader

» තායිලන්ත ලෙනෙන් මුදවාගත් දරුවන් තාවකාලික පැවිදි දිවියට
Wed Jul 25, 2018 10:08 am by Ethical Trader

» ආබාධිත තත්වයක් නිසා හොඬයේ ආධාරයෙන් ඇවිදින අලි පැටවෙකු මත්තල දී හමුවෙයි
Tue Jul 24, 2018 9:59 am by Ethical Trader

August 2018
SunMonTueWedThuFriSat
   1234
567891011
12131415161718
19202122232425
262728293031 

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

RICH N.0000 Richard Pieris and company PLC

Post new topic   Reply to topic

Page 1 of 5 1, 2, 3, 4, 5  Next

Go down

RICH N.0000 Richard Pieris and company PLC

Post by yellow knife on Mon Aug 10, 2015 5:16 pm

Like many other diversified businesses Richard Pieris company is also incorporated before 1948. The first business of the company which was a filling station started in 1932. Revenue grew by more than 400% in the first five years. The issued capital was Rs 50,000 and that was enough to provide jobs for 70 employees.

Today the company is well managed by Dr Sena Yaddehige and the team.

Revenue of the company is raised from 6 main categories..

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 5898
Join date : 2014-03-27

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by yellow knife on Mon Aug 10, 2015 5:18 pm

Profit contribution is not based on Revenue contribution. Plantation sector contribute to 19% of revenue but only 4% of Profit.

Its mirror effect is represented by Finance Sector where revenue contribution is mere 3% but profit contribution is 24%

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 5898
Join date : 2014-03-27

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by yellow knife on Mon Aug 10, 2015 5:19 pm

Following chart will provide a close picture of sector-wise importance of Revenue and Profit

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 5898
Join date : 2014-03-27

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by yellow knife on Mon Aug 10, 2015 5:21 pm

When Revenue is compared with other Diversified companies Aitkenspence and Richard move in a very close journey...

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 5898
Join date : 2014-03-27

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by yellow knife on Mon Aug 10, 2015 5:22 pm

but not profit-wise. Richard has failed to prove consistency in profitability targets

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 5898
Join date : 2014-03-27

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by yellow knife on Mon Aug 10, 2015 5:23 pm

Net Assets and Market Value is shown below

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 5898
Join date : 2014-03-27

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by yellow knife on Mon Aug 10, 2015 5:27 pm

Revenue growth fits into the trend line.. However profitability is fluctuating...Higher exposure to Plantation sector can be a reason..

The strict cost controlling can be seen even with the way the annual reports are printed.. Most of annual reports of the company is in black and white compared to many colourful annual reports of even small hotels like Hunnas and Ramboda..

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 5898
Join date : 2014-03-27

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by yellow knife on Mon Aug 10, 2015 5:29 pm

Debt to Equity ratio is managed within a controllable level

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 5898
Join date : 2014-03-27

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by yellow knife on Mon Aug 10, 2015 5:31 pm

Dividend per share shows that dividends are paid when the company makes positive earnings..

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 5898
Join date : 2014-03-27

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by කිත්සිරි ද සිල්වා on Mon Aug 10, 2015 5:32 pm

Thanks YK.
Very enlightening.
(Hold a sizeable portion of this in my Pf).
avatar
කිත්සිරි ද සිල්වා
Top contributor
Top contributor

Posts : 7331
Join date : 2014-02-23
Age : 60
Location : රජ්ගම

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by chutiputha on Mon Aug 10, 2015 5:39 pm

Thank U YK Sir..Good One,more likes from me Smile
avatar
chutiputha
Top contributor
Top contributor

Posts : 1845
Join date : 2014-11-09
Age : 32
Location : Panadura

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by HAL9000 on Mon Aug 10, 2015 6:11 pm

This was one of my favourites earlier, but gloomy future of plantations kept me away from this, but it looks like other sectors are showing signs of growth, Retail and Financial
avatar
HAL9000
Top contributor
Top contributor

Posts : 1402
Join date : 2014-08-11
Location : Colombo

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by කිත්සිරි ද සිල්වා on Mon Aug 10, 2015 6:32 pm

Yes, retail & financial are good and wondering when would they surprise us again for this year. Very Happy
HAL9000 wrote:This was one of my favourites earlier, but gloomy future of plantations kept me away from this, but it looks like other sectors are showing signs of growth,  Retail and Financial
avatar
කිත්සිරි ද සිල්වා
Top contributor
Top contributor

Posts : 7331
Join date : 2014-02-23
Age : 60
Location : රජ්ගම

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by pathfinder on Tue Aug 11, 2015 7:11 pm

Superb presentation YK Very Happy
avatar
pathfinder
Top contributor
Top contributor

Posts : 1333
Join date : 2014-02-23
Age : 37

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by nihal123 on Tue Aug 11, 2015 7:55 pm

Thanks YK
avatar
nihal123
Top contributor
Top contributor

Posts : 4687
Join date : 2014-02-24
Age : 52
Location : Waga

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by Leon on Tue Aug 11, 2015 9:26 pm

Thanks for your time & effort. +
I'm following the whole series.
avatar
Leon
Top contributor
Top contributor

Posts : 1233
Join date : 2014-03-11

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by කිත්සිරි ද සිල්වා on Tue Aug 11, 2015 9:53 pm

Hope it is about time for them to surprise us with a good announcement. Very Happy
avatar
කිත්සිරි ද සිල්වා
Top contributor
Top contributor

Posts : 7331
Join date : 2014-02-23
Age : 60
Location : රජ්ගම

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by Nuinth on Tue Aug 11, 2015 11:22 pm

Thx YK. Very useful.

Nuinth
Top contributor
Top contributor

Posts : 551
Join date : 2014-02-28
Location : Universe

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by Sriranga on Tue Aug 11, 2015 11:39 pm

Really appreciate YK.
Thanks a lot.

_________________
"Investing is easy to learn, but it takes a lifetime to master."
avatar
Sriranga
Veteran
Veteran

Posts : 3226
Join date : 2014-02-23
Location : Colombo

http://sharemarket-srilanka.blogspot.co.uk/

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by serene on Wed Aug 12, 2015 5:22 am

Superb YK.Many likes.
Lovely presentation and make life so easy.
Wish Kith's dream come true. Smile Very Happy

serene
Top contributor
Top contributor

Posts : 3672
Join date : 2014-02-26

Back to top Go down

thanks a lot

Post by Defender on Wed Aug 12, 2015 8:24 am

thanks

Defender

Posts : 52
Join date : 2015-03-30
Location : Colombo

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by Ethical Trader on Wed Aug 12, 2015 9:44 am

Nice presentation YK. Thanks.
avatar
Ethical Trader
Top contributor
Top contributor

Posts : 4110
Join date : 2014-02-28

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by yaka on Sat Nov 21, 2015 12:33 pm

will 02 years tax relief for the plantation companies apply for NAMU,KGAL and MASK? will it come through to RICH??
what 's the impact of the new implication of exporting value added tea?

also I heard RK request local manufacturers to use local rubber as much as possible.

yaka

Posts : 374
Join date : 2014-02-28

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by කිත්සිරි ද සිල්වා on Sat Nov 21, 2015 12:39 pm

Why RICH is silent still ? Very Happy
(Calm before the storm).
avatar
කිත්සිරි ද සිල්වා
Top contributor
Top contributor

Posts : 7331
Join date : 2014-02-23
Age : 60
Location : රජ්ගම

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by Top Trader on Sat Nov 21, 2015 7:41 pm

Removal of VAT on wholesale and retail also will give them considerable savings

Top Trader
Top contributor
Top contributor

Posts : 155
Join date : 2014-03-06

Back to top Go down

Page 1 of 5 1, 2, 3, 4, 5  Next

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum