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

Display results as :
 


Rechercher Advanced Search

Latest topics
» How to Calculate the Future Value of an Investment
Yesterday at 11:46 am by Ethical Trader

» මුගාබේ ඉවත් වීමත් සමඟ 'හරාරේ' සැණකෙළි සිරි ගනියි
Yesterday at 11:34 am by Ethical Trader

» විසිපස් වසරක් ගෙවුනත් ඉල්ලීම් ඉටුවී නැහැ - නිදහස් මාධ්‍ය ව්‍යාපාරය
Yesterday at 11:30 am by Ethical Trader

» Dividend Announcement
Yesterday at 11:21 am by Ethical Trader

» කොටස් වෙළෙඳපොළේ ලැයිස්තුගත කෙරෙන අලුත්ම සමාගම – LVL Energy Fund Limited
Mon Nov 20, 2017 7:42 pm by nihal123

» අගමැති රනිල් බැඳුම්කර කොමිසම හමුවේ පැවසුවේ මොනවාද?
Mon Nov 20, 2017 7:08 pm by Ethical Trader

» Obituary Notice.
Mon Nov 20, 2017 3:03 pm by කිත්සිරි ද සිල්වා

» උතුරු කොරියාවේ "සබ්මැරීන බැලිස්ටික් මිසයිල වැඩසටහනකුත්"
Mon Nov 20, 2017 11:34 am by Ethical Trader

» උතුරු කොරියාව සහ න්‍යෂ්ඨික ප්‍රහාර: "නීති විරෝධී නියෝග පිළිපදින්නේ නෑ"
Mon Nov 20, 2017 11:28 am by Ethical Trader

» 'සොල්දාදුවාගේ සිරුරේ අඟල් එකොළහක පණුවෙක්'
Sun Nov 19, 2017 1:13 pm by කිත්සිරි ද සිල්වා

» මිනිස්සු දුවනවා, අපි නැවතිලා බලන් ඉන්නවා.
Fri Nov 17, 2017 5:46 pm by Ethical Trader

» Plantation sector updates
Fri Nov 17, 2017 11:54 am by lanka

» සිම්බාබ්වේ: ජනාධිපති රොබට් මුගාබේ "අත්අඩංගුවේ"
Fri Nov 17, 2017 9:54 am by Ethical Trader

» ආයෝජනයට ශ්‍රීලංකාවට එන්න එපා.! ජාත්‍යන්තර සමාගම් නිවේදනයකට සැරසෙයි
Wed Nov 15, 2017 8:15 pm by Admin

» Soldiers 'take over Zimbabwe broadcaster'
Wed Nov 15, 2017 5:52 am by කිත්සිරි ද සිල්වා

» බටහිර ලෝකය භේද කරන බවට රුසියාවට චෝදනා
Tue Nov 14, 2017 5:26 pm by Ethical Trader

» යුද අපරාධ සහ අතුරුදහන් කිරීම්: ශ්‍රී ලංකාවේ මානව හිමිකම් වාර්තාව ජිනීවා විමසුමට
Tue Nov 14, 2017 10:56 am by Ethical Trader

» ඉරාන, ඉරාක භූමිකම්පාවෙන් 200 කට වැඩි පිරිසක් මරුට
Mon Nov 13, 2017 5:27 pm by Ethical Trader

» මැද පෙරදිග බල තරඟය දරුණු අතට හැරෙයි
Mon Nov 13, 2017 3:16 pm by guruji

» වචන නම් අපේ ඒත් තනුව ?????????
Sun Nov 12, 2017 2:28 am by Rana

» දිල්ලියේ පරිසරය රැකීමට වාහන සලාක ක්‍රමයක්
Fri Nov 10, 2017 7:05 pm by Ethical Trader

» අයවැය සහ මෝටර් රථ: නව පිළිවෙතක්
Thu Nov 09, 2017 5:42 pm by Ethical Trader

» Flying is the Safest mode of Transport
Thu Nov 09, 2017 3:12 pm by කිත්සිරි ද සිල්වා

» In the Meantime, Within Our Shores !
Thu Nov 09, 2017 10:13 am by කිත්සිරි ද සිල්වා

» වංචා දුෂණ නඩු කඩිනම් කරන්න විශේෂ මහාධිකරණයක්
Wed Nov 08, 2017 4:54 pm by කිත්සිරි ද සිල්වා

» LIOC.N0000 (Lanka IOC PLC)
Wed Nov 08, 2017 4:48 pm by Ethical Trader

» ගින්නෙන් දැවෙන අලි පැටවාගේ සේයාරුව පළමු තැනට
Wed Nov 08, 2017 4:35 pm by Ethical Trader

» 10 Things to Remember Before You Take Things Personally
Tue Nov 07, 2017 5:38 pm by Ethical Trader

» හැම තැනම නැහැ, හැම දාම නැහැ
Tue Nov 07, 2017 5:30 pm by Ethical Trader

» Beware !
Mon Nov 06, 2017 10:56 am by CK

» සාම සාධක මෙහෙයුම් නිරීක්ෂණය කරන පළමු ශ්‍රී ලාංකික හමුදා නිලධාරිනියෝ
Sun Nov 05, 2017 12:44 pm by කිත්සිරි ද සිල්වා

» How to Find Undervalued Stocks and Turn a Large Profit
Sat Nov 04, 2017 11:24 am by Ethical Trader

» ඒකාබද්ධ විපක්ෂ කණ්ඩායමෙන් ශ්‍රීලනිපට කොන්දේසි හතක්
Thu Nov 02, 2017 6:29 pm by nihal123

» Taste of Asia
Thu Nov 02, 2017 12:27 pm by Ethical Trader

» නිව් යෝර්ක් ප්‍රහාරය : අවම වශයෙන් 8 දෙනෙක් මරුට
Wed Nov 01, 2017 5:48 pm by Ethical Trader

» NTB.N0000 (NATIONS TRUST BANK PLC)
Wed Nov 01, 2017 5:43 pm by Ethical Trader

» Laughter the Best Medicine
Wed Nov 01, 2017 11:48 am by Ethical Trader

» VPEL.N0000 (VALLIBEL POWER ERATHNA PLC )
Wed Nov 01, 2017 8:15 am by yellow knife

» TJL.N0000 (Textured Jersey Lanka PLC.)
Wed Nov 01, 2017 8:07 am by yellow knife

» TPL.N0000 (TALAWAKALE PLANTATIONS )
Wed Nov 01, 2017 7:56 am by yellow knife

» BFL.N0000 (Bairaha Farms PLC)
Tue Oct 31, 2017 7:16 pm by CK

» LLUB & BFL
Tue Oct 31, 2017 11:41 am by yellow knife

» HUNA.N0000
Tue Oct 31, 2017 9:26 am by yellow knife

» Sri Lanka's got Talent
Mon Oct 30, 2017 11:31 pm by sashimaal

» Govt.electrocutes CEB
Mon Oct 30, 2017 9:53 pm by AjithR

» තනි පුද්ගල ණය ලක්ෂ 5 ට ආසන්නයි
Mon Oct 30, 2017 7:46 pm by nihal123

» ලෝක ඉතිහාසයේ විශාලතම කොටස් මිල කඩා වැටීම චීනයෙන් වාර්තා වෙයි
Mon Oct 30, 2017 7:45 pm by nihal123

» COMB.N0000 ( COMMERCIAL BANK OF CEYLON PLC )
Mon Oct 30, 2017 4:53 pm by Rana

» ධම්මික පෙරමුණට එයි
Sun Oct 29, 2017 10:09 pm by කිත්සිරි ද සිල්වා

» කොටස් මිල ඉහළ යාමෙන් ඇමේසන් ලොක්කා ලොව අංක එකේ සල්ලිකාරයා වුණේ මෙහෙමයි
Sun Oct 29, 2017 7:22 pm by nihal123

November 2017
SunMonTueWedThuFriSat
   1234
567891011
12131415161718
19202122232425
2627282930  

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 4 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 Backstage on Tue Mar 21, 2017 10:47 am

Heading towards 9/= ? YY ?
avatar
Backstage
Top contributor
Top contributor

Posts : 3191
Join date : 2014-02-24

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by Backstage on Wed Mar 29, 2017 3:58 pm


Richard Pieris’ stars, cash cows, question marks and dogs

First Capital Equities, a stockbroker, puts the listed group of companies through the Boston Consulting Group’s Growth-Share Matrix
March 22, 2017

Richard Pieris, a listed group of companies with around 40 businesses ranging from retail to manufacturing, plantations and financial services, gave shareholders 25% average annual returns in the five years to March 2016. Over the next three years, group revenue is estimated to grow 10% annually to Rs57 billion and earnings 14% to Rs3.5 billion, according to First Capital Equities. But where will the growth come from?

First Capital put Richard Pieris through the Boston Consulting Group’s (BCG) Growth-Share Matrix, classifying its business segments into four categories called stars, cash cows, question marks and dogs. The matrix was developed in 1970 to help companies decide what businesses to keep, sell or invest more in.

Stars

According to the BCG matrix, stars have large market shares in sectors with high-growth potential, and ideally companies should invest more in these businesses. Richard Pieris’ star is its retail business led by Arpico, a chain of hypermarkets (the combination of a department store and a supermarket) that contributed 50% to group turnover.

Retail is a high-growth business, with economic growth and urbanisation improving people’s incomes and lifestyles. “Demand will grow for luxury and semi-luxury goods, which represents most of Arpico’s offering,” First Capital says. Arpico’s revenue is estimated to grow 16% annually over 2017-19, and will benefit from economies of scale if the group invests in expansion.

Cows

Cash cows generate high turnover in mature, low growth sectors, and these businesses should be ‘milked’ for as long as possible. Richard Pieris has three of these.

The plastics and furniture manufacturing business is one cash cow, contributing 15% to group revenue. Earnings are estimated to grow 7% annually over the next three years to 2019, riding the housing and hotel construction boom.

The second cash cow is the rubber products business, which contributes 8% to the group’s topline. The group exports latex and hard rubber-based products like floor mats, jar seals, mattresses, pillows and shoe soles mostly to Europe. Group exports account for less than 10% of topline revenue, but Richard Pieris plans to grow the business by focusing on the Chinese market.

The third cash cow is the tyre re-treading business, which is expected to benefit from the 6.3 million vehicle population and growing secondhand car market, with high duties curbing imports. Margins are expected to improve due to a growing supply of low-cost used tyres – an input for the re-treading business – and rising demand for heavy duty vehicle tyres.

Questions marks

Questions marks are businesses with a small share of the pie in fast-growing markets. Companies need to decide what to do with these—either turn them into cash cows or stars with more investment, or sell. Richard Pieris has several question marks: the financial services business, including two finance companies (Richard Pieris Finance and listed Chilaw Finance), listed Arpico Insurance, and fund management firm Arpico Ataraxia Asset Management. These businesses yield relatively low returns.

Oil palm and rubber plantations managed by the group are other question marks.

The group manages three listed plantation companies – Namunukula, Maskeliya and Kegalle – that are diversifying into oil palm to improve profitability. Rubber plantations are making losses, which are offset by the group’s manufacturing and export businesses.

Dogs

The loss-making tea plantations are the group’s dogs, according to First Capital. Dogs are those businesses that are best let go of.
avatar
Backstage
Top contributor
Top contributor

Posts : 3191
Join date : 2014-02-24

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by yellow knife on Wed Mar 29, 2017 4:39 pm

I have doubts about above interpretations...

For me

REXP, Namun, KGAL are cash cows....
There are not question marks as companies

yellow knife
Top contributor
Top contributor

Posts : 5590
Join date : 2014-03-27

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by poor boy on Wed Mar 29, 2017 7:49 pm

kgal and namu always produce good profits. last year kgal gave 45 rupees dividend . this year 5 rupees. i also cannot understand as to why this writer says plantation is a question.

poor boy
Active Member
Active Member

Posts : 761
Join date : 2014-10-09

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by කිත්සිරි ද සිල්වා on Wed Mar 29, 2017 8:06 pm

Opinions differ.
Follow your heart.  Very Happy
poor boy wrote: i also cannot understand as to  why this writer says plantation is a question.
avatar
කිත්සිරි ද සිල්වා
Top contributor
Top contributor

Posts : 6882
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 Afourer on Tue Apr 11, 2017 6:47 pm

Guys, i deposited my RICH dividend cheues (2 cheques for 2 accounts) and both got returned. Bank note says "Payment stopped by drawer".

What can i do now? Bank is returning (by post) the cheques to my address.

Afourer

Posts : 57
Join date : 2014-08-30

Back to top Go down

RICHARD PEIRIS & COMPANY - DIVIDEND ANNOUNCEMENTS

Post by Rana on Thu Jun 01, 2017 4:59 pm

RICHARD PEIRIS & COMPANY PLC
Company ID:- RICH
Date of Announcement:- 01.Jun.2017
Rate of Dividend:- Rs. 0.50 per share / First Dividend
Financial Year:- 2016/2017
Shareholder Approval:- Required
AGM:- 30.Jun.2017
XD:- 03.Jul.2017
Payment:- 10.Jul.2017

Rana
Top contributor
Top contributor

Posts : 1238
Join date : 2015-12-16

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by AjithR on Thu Jun 01, 2017 9:15 pm

Thank you Rana
avatar
AjithR

Posts : 236
Join date : 2014-09-15

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by කිත්සිරි ද සිල්වා on Fri Jun 02, 2017 10:22 am

Will RICH pass two figure mark (as predicated recently) this time ? Very Happy
avatar
කිත්සිරි ද සිල්වා
Top contributor
Top contributor

Posts : 6882
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 Fri Jun 02, 2017 11:32 am

Hope so, I sold half now waiting.
avatar
Backstage
Top contributor
Top contributor

Posts : 3191
Join date : 2014-02-24

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by කිත්සිරි ද සිල්වා on Tue Jun 20, 2017 6:05 pm

RICH finally hit rich with Double figures. Very Happy
( Next Port of Call ? Any guesses please ? )
avatar
කිත්සිරි ද සිල්වා
Top contributor
Top contributor

Posts : 6882
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 CK on Tue Jun 20, 2017 6:10 pm

කිත්සිරි ද සිල්වා wrote:RICH finally hit rich with Double figures. Very Happy
( Next Port of Call ? Any guesses please ? )
You must be happy kith as this is one of your favourites. Congrats.
avatar
CK
Active Member
Active Member

Posts : 1045
Join date : 2015-11-01

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by කිත්සිරි ද සිල්වා on Wed Jul 05, 2017 5:47 pm

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

RICH – BUY (LKR 9.90) – 05th July 2017

Diversified into fast growing sectors (FMCG, finance, logistics, plantations, and manufacturing furniture & rubber products)
One of the largest corporate plantations in Sri Lanka (accounts for 6.4% of national Rubber production and 4.0% of Tea production)
High GP Margin of 26% in FY16/17
Growing ROE (ROE increased from 20% to 25% in FY16/17)
FY18 forecasted profit growth 38% YoY
Attractive valuation (FY17/18F: PE 4.65x, PBV 1.4x)
Target price (V) LKR.12.50 (upside 26.2%)
Rs.1.10 dividend announced for FY16/17 (11% Dividend Yield)
avatar
කිත්සිරි ද සිල්වා
Top contributor
Top contributor

Posts : 6882
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 rameez on Fri Jul 07, 2017 5:16 pm

Heavy trading today as well, Is it due to inter company trading! Good for those who entered at 9
Anyone expecting it calm down next week.

rameez

Posts : 47
Join date : 2014-10-28

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by yellow knife on Fri Jul 14, 2017 4:08 pm

2017




As we have discussed in REXP this company , the holding company of REXP has shown the same pattern. The revenue growth lies outstanding when compared with linear growth.


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

yellow knife
Top contributor
Top contributor

Posts : 5590
Join date : 2014-03-27

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by yellow knife on Fri Jul 14, 2017 4:09 pm

Company has reported best EPS since 2011

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

yellow knife
Top contributor
Top contributor

Posts : 5590
Join date : 2014-03-27

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by yellow knife on Fri Jul 14, 2017 4:10 pm

Net Assets has been slowly growing and it seems current market price of Rs 13 was on the cards

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

yellow knife
Top contributor
Top contributor

Posts : 5590
Join date : 2014-03-27

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by yellow knife on Fri Jul 14, 2017 4:12 pm

Debt to Equity position.

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

yellow knife
Top contributor
Top contributor

Posts : 5590
Join date : 2014-03-27

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by yellow knife on Fri Jul 14, 2017 4:15 pm

Relationship between Earnings and Dividends

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

yellow knife
Top contributor
Top contributor

Posts : 5590
Join date : 2014-03-27

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by rameez on Fri Jul 14, 2017 4:53 pm

Very Useful Charts. Thanks.

rameez

Posts : 47
Join date : 2014-10-28

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by Ethical Trader on Fri Jul 14, 2017 6:37 pm

Thanks YK.
avatar
Ethical Trader
Top contributor
Top contributor

Posts : 2942
Join date : 2014-02-28

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by pjrngroup on Sun Jul 16, 2017 7:34 pm

THANKS YK.

pjrngroup

Posts : 224
Join date : 2015-11-01

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by catseye on Mon Jul 17, 2017 8:43 am

Anybody received RICH dividend cheque or online payment?

catseye

Posts : 19
Join date : 2014-03-17

Back to top Go down

Re: RICH N.0000 Richard Pieris and company PLC

Post by කිත්සිරි ද සිල්වා on Mon Jul 17, 2017 8:54 am

Not yet.
There were so much disruption in the mail services last few weeks.
catseye wrote:Anybody received RICH dividend cheque or online payment?
avatar
කිත්සිරි ද සිල්වා
Top contributor
Top contributor

Posts : 6882
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 catseye on Mon Jul 17, 2017 9:04 am

කිත්සිරි ද සිල්වා wrote:Not yet.
There were so much disruption in the mail services last few weeks.
catseye wrote:Anybody received RICH dividend cheque or online payment?

Thanks Kith. Seems its not due to postal delay. I have given my bank account for direct deposit. So far they didn't do that. So may be delay in issuing the payments.

catseye

Posts : 19
Join date : 2014-03-17

Back to top Go down

Page 4 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