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

Display results as :
 


Rechercher Advanced Search

Latest topics
» CSE HOLIDAY LIST 2018
Fri Sep 22, 2017 5:20 pm by Rana

» Dividend Announcement
Fri Sep 22, 2017 5:19 pm by Rana

» SPEN.N0000
Fri Sep 22, 2017 3:01 pm by LSE

» Laughter the Best Medicine
Fri Sep 22, 2017 2:51 pm by Ethical Trader

» ට්‍රම්ප් "මොළය අවුල් වූ මැරයෙක්" - කිම් ජොන්ග් අන්
Fri Sep 22, 2017 2:37 pm by Ethical Trader

» No one must die of cancer
Thu Sep 21, 2017 11:14 pm by කිත්සිරි ද සිල්වා

» ට්‍රම්ප්ගේ දේශනය "සුනඛයෙකුගේ බිරීමක්"
Thu Sep 21, 2017 6:05 pm by Ethical Trader

» ලංකා බැංකුව, මහජන බැංකුව සහ ශ්‍රී ලංකා ඉන්ෂුවරන්ස් කොටස් වෙළෙඳපොළට
Thu Sep 21, 2017 6:01 pm by Ethical Trader

» ලංකා සිමෙන්ති කොටස් ගනුදෙනුවල අසාමාන්‍ය හැසිරීමක් – සභාපති කරුණු පහදයි
Wed Sep 20, 2017 8:06 pm by nihal123

» උතුරු කොරියාව විනාශ කරනවා - ජනාධිපති ඩොනල්ඩ් ට්‍රම්ප්
Wed Sep 20, 2017 12:33 pm by Ethical Trader

» LIOC.N0000 (Lanka IOC PLC)
Wed Sep 20, 2017 10:23 am by LSE

» In the Meantime, Within Our Shores !
Wed Sep 20, 2017 8:41 am by කිත්සිරි ද සිල්වා

» Nanodegrees
Tue Sep 19, 2017 11:40 pm by Backstage

» Picture of the day - for diss-cuss-ion and deb-ate.
Tue Sep 19, 2017 10:51 pm by Backstage

» පර්පෙචුවල් පලිසේනට බෝනස් කෝටි 10 ක්
Tue Sep 19, 2017 6:41 am by CK

» Be prepared for dry weather: Experts
Mon Sep 18, 2017 10:27 pm by nihal123

» නමක් පමණක් ඇති සමාගමකට ඩොලර් මිලියන 600 ක් රැස්කර ගත් චමත් පලිහපිටිය
Mon Sep 18, 2017 3:38 pm by nihal123

» කොටස් මිල ඉහල යාම ගැන ලංකෙම් ඩිවලොප්මන්ට්ස් වෙතින් කරුණු විමසයි
Mon Sep 18, 2017 3:35 pm by nihal123

» ධම්මික රුපියල් බිලියන 12.5කට සිංගර් ශ්‍රී ලංකා මිලට ගැනීමට තීන්දු කරයි
Sun Sep 17, 2017 2:05 pm by Danidu

» උතුරු කොරියාව ජපානයට ඉහලින් තවත් මිසයිලයක් විදියි
Fri Sep 15, 2017 5:46 pm by Ethical Trader

» උතුරු කොරියාවෙන් ඇමෙරිකාවට බිහිසුණු තර්ජනයක්
Thu Sep 14, 2017 5:59 pm by Ethical Trader

» කොටස් වෙළෙඳපොළට ප්‍රාග්ධන බදු නැහැ – නව බදු අයකිරීම් 2018 අප්‍රේල් 01 සිට ක්‍රියාත්මකයි
Thu Sep 14, 2017 11:42 am by Ethical Trader

» සන්නිවේදන සමාගමක් මූල්‍ය සමාගමක බලය අල්ලයි
Tue Sep 12, 2017 8:57 pm by nihal123

» උතුරු කොරියාව සම්බන්ධයෙන් රුසියාවේ පිළිවෙත කුමක්ද?
Tue Sep 12, 2017 5:50 pm by Ethical Trader

» ශ්‍රී ලංකාව උතුරු කොරියාවට එරෙහි සම්බාධක 'උල්ලංඝනය කරලා'
Mon Sep 11, 2017 6:55 pm by Yin-Yang

» වෙළෙඳ දැන්වීමක මස් බුදින ගනේෂ දෙවියන්, බුදු හිමියන් සහ යේසුස් වහන්සේ
Mon Sep 11, 2017 5:48 pm by Ethical Trader

» 'සයිබර් බුලින්' විඳ එයට එරෙහි වී සම්මාන ලබන ශ්‍රී ලාංකික තරුණිය
Mon Sep 11, 2017 11:57 am by Ethical Trader

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
Sun Sep 10, 2017 8:02 am by spw19721

» APLA.N0000 (ACL PLASTICS PLC)
Sun Sep 10, 2017 7:56 am by spw19721

» සිල් රෙදි නඩුව: හිටපු ජනපති ලේකම්, TRCSL සභාපති සිරගෙට
Fri Sep 08, 2017 12:35 pm by Ethical Trader

» PAYE බදු නිදහස් සීමාව ඉහළට
Fri Sep 08, 2017 10:24 am by nihal123

» V 2025 - A Country enriched
Thu Sep 07, 2017 1:53 pm by Danidu

» අනුෂ පැල්පිට - ලලිත් වීරතුංගට වසර තුනක සිරදඬුවම්
Thu Sep 07, 2017 1:22 pm by nihal123

» පොහොසත් රටේ කොටස් වෙළෙඳපොළට 2025 දී වෙන දේ
Thu Sep 07, 2017 10:57 am by Ethical Trader

» ‘දැන් ඉතිං වළක් කපන් වැළලෙන්න තියෙන්නේ‘ - බුකියේ ගිය රස කතා
Thu Sep 07, 2017 10:49 am by nihal123

» ශ්‍රී ලංකාව යළිත් පරාදයි
Thu Sep 07, 2017 10:38 am by Ethical Trader

» ශ්‍රී ලංකා ක්‍රිකට් වලට මොකද වුනේ? - සනත් කතා කරයි
Thu Sep 07, 2017 10:31 am by Ethical Trader

» බැඳුම්කර කොමිසම ඉදිරියේ හෙළි වූ කරුණු මොනවාද?
Thu Sep 07, 2017 10:22 am by Ethical Trader

» සිංගප්පූරුවේ Ube, ටෝක්යෝ සිමෙන්ති හිමිකම අඩකින් අඩුකරයි
Wed Sep 06, 2017 1:31 pm by nihal123

» Donkey Sex
Wed Sep 06, 2017 10:54 am by Backstage

» එළුවන් නළුවන් වෙලා
Wed Sep 06, 2017 10:16 am by Backstage

» "තේරුණේ දැන් තමයි"
Tue Sep 05, 2017 1:58 pm by jiggysaurus

» Whatever happened to the monastic Sangha?
Tue Sep 05, 2017 1:56 pm by jiggysaurus

» මෙරට විශ්වවිද්‍යාලවල 70%ක්‌ කාන්තාවෝ
Tue Sep 05, 2017 1:55 pm by jiggysaurus

» stock market’s downward trend
Mon Sep 04, 2017 9:47 pm by jiggysaurus

» ඔබේ මන්ත්‍රීවරයා පාර්ලිමේන්තු යනවාද?
Mon Sep 04, 2017 9:43 pm by jiggysaurus

» සෝයා ගනුදෙනුවෙන් කොළඹ කොටස් පිරිවැටුම ඉහළට
Mon Sep 04, 2017 4:19 pm by nihal123

» "හොඳම තෑග්ග ජනතාවගේ සතුට" - හොඳම තරුණ විද්‍යාඥයා වූ ශ්‍රී ලාංකිකයා
Sun Sep 03, 2017 9:50 pm by Backstage

» Sri Lanka govt securities demonstrate positive investor sentiments:
Sun Sep 03, 2017 9:43 pm by Backstage

» Asha Phillip Technical Analysis Report - September 2017
Sun Sep 03, 2017 9:41 pm by Backstage

September 2017
SunMonTueWedThuFriSat
     12
3456789
10111213141516
17181920212223
24252627282930

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

Page 2 of 5 Previous  1, 2, 3, 4, 5  Next

View previous topic View next topic Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by lanka on Mon Nov 23, 2015 11:42 am

Thanks dear YK

lanka

Posts : 251
Join date : 2014-11-26

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by First Guy on Tue Mar 08, 2016 10:34 pm

Today among so many shares in red, I noticed RICH gaining a few cents. Rolling Eyes
avatar
First Guy

Posts : 2524
Join date : 2014-02-22

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by Future123 on Mon Mar 14, 2016 3:20 pm

Rating review for RICH.

Fitch assigned National Long term rating of A. The outlook is stable. Looks promising..........

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

Future123
Active Member
Active Member

Posts : 1417
Join date : 2014-04-09

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by Backstage on Mon Mar 14, 2016 3:43 pm

Waiting for the much awaited dividend. bounce

Disc; I hold RICH
avatar
Backstage
Top contributor
Top contributor

Posts : 3154
Join date : 2014-02-24

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by BnP on Thu Mar 17, 2016 9:15 pm

Smile

BnP

Posts : 11
Join date : 2015-12-28

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by yellow knife on Wed Mar 23, 2016 11:25 am

IFC, Canada climate change program to invest USD 15 MN in Richard  Pieris for green retail network.

***************************************

IFC, a member of the World Bank Group, with the support of the Government of Canada, will invest $15 million in Sri Lankan retail chain Richard Pieris Distributors Limited. The investment will help the company expand its modern retail network, support job creation, and develop local supply chains. It will also be used to install solar panels on company store rooftops.
The financing consists of a $7.5 million loan from IFC’s own account and a further $7.5 million from the IFC-Canada Climate Change Program. The Program promotes private sector financing for clean energy projects.
“IFC’s support comes at an important time as we step up our operations and widen our network of branches across the island,” said Dr. Sena Yaddehige, Group Chairman of Richard Pieris & Co. PLC. “Through this planned expansion, we will contribute towards improving food safety and consumer access to better quality food products at affordable prices.”
The investment into Richard Pieris Distributors will help 0create over 800 jobs directly and an even larger number of jobs indirectly by 2020. It will also help the company adopt green building measures and promote climate-smart technologies.
The Government of Canada’s contribution to the IFC-Canada Climate Change Program has helped make this financing package viable. To date, Canada has provided close to 271 million Canadian dollars to the program, to climate change investments that are generating significant environmental and economic benefits in developing countries.
“The Government of Canada is pleased to invest in renewable energy and green jobs in developing countries. Through its partnership with IFC, Canada is working to foster sustainable economic growth and contribute to reduce global greenhouse gas emissions, setting the stage for a cleaner, more prosperous global future,” said the Honorable Catherine McKenna, Canada’s Minister of Environment and Climate Change.
Sri Lanka’s modern trade sector currently constitutes less than 20 percent of total trade in the country, which is significantly lower than other emerging markets. The country’s retail sector has significant potential to contribute towards economic growth in an environment of steady economic development.
“As the sector grows, companies like Richard Pieris Distributors are in a prime position to expand their networks, boost employment opportunities through small businesses in their supply chains, and create value for consumers,” said Amena Arif, IFC’s Country Manager for Sri Lanka and Maldives.
Sri Lanka is a priority country for IFC’s work in South Asia. IFC’s committed portfolio in Sri Lanka covers projects across a range of sectors, including infrastructure, tourism, renewable energy, finance, and healthcare. IFC also provides advisory services to promote sustainable growth among small and medium enterprises by facilitating access to finance, and by offering capacity-building and training opportunities.

yellow knife
Top contributor
Top contributor

Posts : 5554
Join date : 2014-03-27

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by yellow knife on Wed Mar 23, 2016 11:26 am

Richard Pieris were the first to finance electric cars in Sri Lanka. Thus renewable energy is a genuine concern of Richard Pieris group.

yellow knife
Top contributor
Top contributor

Posts : 5554
Join date : 2014-03-27

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by catseye on Wed Mar 23, 2016 2:04 pm

Can we guess any reason what RICH is delaying the dividend announcement ?  Is this because of the loss in plantation sector or they collecting  capitol for their future expansions ?

catseye

Posts : 18
Join date : 2014-03-17

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by yaka on Thu May 12, 2016 12:35 am

Dr Yaddehige is buying... is it a sign of anything..

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

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 Thu May 12, 2016 12:56 am

Probable second dividend soon ?  Very Happy  bounce  bounce  drunken
yaka wrote:Dr Yaddehige is buying... is it a sign of anything..

[You must be registered and logged in to see this link.]
[You must be registered and logged in to see this link.]
[You must be registered and logged in to see this link.]
avatar
කිත්සිරි ද සිල්වා
Top contributor
Top contributor

Posts : 6719
Join date : 2014-02-23
Age : 59
Location : රජ්ගම

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by Backstage on Tue May 31, 2016 4:55 pm

Looking at the results, can anyone say what they have done with the Kegalle dividend ? my accounts reading knowledge is limited. Thanks in advance.
avatar
Backstage
Top contributor
Top contributor

Posts : 3154
Join date : 2014-02-24

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by First Guy on Tue May 31, 2016 9:25 pm

Backstage wrote:Looking at the results, can anyone say what they have done with the Kegalle dividend ? my accounts reading knowledge is limited. Thanks in advance.

RICH cashflow statement is not detailed. We have to wait and see in annual report.

But only the dividend paid to 20% will be shown as cash out as rest is retained within group and consolidated
avatar
First Guy

Posts : 2524
Join date : 2014-02-22

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by HUNTER on Tue May 31, 2016 9:59 pm

I think we can visualize what happened.....

Imagine you had some money in your wallet. Then what you did was, take some money out of it and put inside your pocket.

Now, you need not much worry about loosing the wallet.

avatar
HUNTER
Top contributor
Top contributor

Posts : 1647
Join date : 2014-07-14

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by The Alchemist on Tue May 31, 2016 10:22 pm

Backstage wrote:Looking at the results, can anyone say what they have done with the Kegalle dividend ? my accounts reading knowledge is limited. Thanks in advance.

Since the Kegalle shares are owned by RPC Plantations Management (a sub of RICH), the Dividend gets consolidated under Group Account. (RPC takes the dividend as part of its Profit).

The "Other Operating Income = Rs 918 million" in RICH Group Account maybe the Dividend RICH received from RPC as a result of the Kegalle Dividend.

It will not appear in the Cash Flow Group account as it appears under the Top Line "Profit before tax and non controlling interests from continuing operations" which must include the Dividend from subsidiary RPC, consolidated in RICH Group Account. This is a logical presumption in the absence of a note to the Account clarrifying this.


Last edited by The Alchemist on Tue May 31, 2016 10:36 pm; edited 1 time in total (Reason for editing : modified for clarrity)

The Alchemist
Top contributor
Top contributor

Posts : 532
Join date : 2014-02-25

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by Backstage on Wed Jun 01, 2016 12:33 pm

The Alchemist wrote:
Backstage wrote:Looking at the results, can anyone say what they have done with the Kegalle dividend ? my accounts reading knowledge is limited. Thanks in advance.

Since the Kegalle shares are owned by RPC Plantations Management (a sub of RICH), the Dividend gets consolidated under Group Account. (RPC takes the dividend as part of its Profit).  

The "Other Operating Income = Rs 918 million" in RICH Group Account maybe the Dividend RICH received from RPC as a result of the Kegalle Dividend.

It will not appear in the Cash Flow Group account as it appears under the Top Line "Profit before tax and non controlling interests from continuing operations" which must include the Dividend from subsidiary RPC, consolidated in RICH Group Account. This is a logical presumption in the absence of a note to the Account clarrifying this.  

Thanks all, will try and digest that.
avatar
Backstage
Top contributor
Top contributor

Posts : 3154
Join date : 2014-02-24

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by yellow knife on Mon Jul 11, 2016 4:39 pm

Now we are evaluating 2015/16 annual year performance of RICH.N0000

RICH consist of Retail sector, Plantation sector, Tyre Sector, Plastic & Furniture Sector, Rubber sector and Financial Service Sector.

This company gets the maximum benefit of synergy where rubber plantation helps to tires and REXP and having retail helps to furniture and plastics. Further the company head hunted top employees from a leading finance company and added a finance company to its subsidiary list which by now  provide
operating profit of 217 Mn which is 32% growth on YoY basis.

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

yellow knife
Top contributor
Top contributor

Posts : 5554
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 Jul 11, 2016 4:40 pm

EPS recorded again a value above Rs 1.00 even though plantation sector did not contributed as expected.

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

yellow knife
Top contributor
Top contributor

Posts : 5554
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 Jul 11, 2016 4:42 pm

Net Assets of the company is growing steadily.


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

yellow knife
Top contributor
Top contributor

Posts : 5554
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 Jul 11, 2016 4:44 pm

Company is a dividend payer and even at current level its dividend payout is above 5%.

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

yellow knife
Top contributor
Top contributor

Posts : 5554
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 Jul 11, 2016 4:47 pm

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

yellow knife
Top contributor
Top contributor

Posts : 5554
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 Jul 11, 2016 4:49 pm

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

yellow knife
Top contributor
Top contributor

Posts : 5554
Join date : 2014-03-27

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by yaka on Thu Jul 28, 2016 10:04 am

Dr Yaddehige continuously buying. as per my calculation he already in the top 10.

yaka

Posts : 374
Join date : 2014-02-28

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by xmart on Thu Jul 28, 2016 11:57 am

yes. he is absorbing the selling pressure like worlds end. but huge run is unlikely at the moment. RICH will show its colors when plantations perform. RICH is range bound at the moment. good counter to experiment hunter sniper trading methods. even if trial failed, we have a promising counter in our PF!
avatar
xmart
Top contributor
Top contributor

Posts : 570
Join date : 2015-01-17

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by yaka on Thu Jul 28, 2016 4:06 pm

I don't think we'll need to wait till plantation performance. their retail and plastic also growing rapidly... let's see...
(Holding some)

yaka

Posts : 374
Join date : 2014-02-28

Back to top Go down

Interim Financial Statements as of 31-12-2016

Post by Rana on Tue Feb 14, 2017 6:52 pm

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

Rana
Top contributor
Top contributor

Posts : 1206
Join date : 2015-12-16

Back to top Go down

Page 2 of 5 Previous  1, 2, 3, 4, 5  Next

View previous topic View next topic Back to top


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