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

Display results as :
 


Rechercher Advanced Search

Latest topics
» රුපියල 161.54ට යයි
Yesterday at 10:34 pm by nihal123

» PABC.N0000 (Pan Asia Banking Corporation PLC)
Yesterday at 2:14 pm by lanka

» Dividend Announcement
Yesterday at 9:53 am by yellow knife

» 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

» Elsewhere vs SL : Honesty, Social responsibility , Word twisting and Decency
Sun Aug 12, 2018 9:47 am by කිත්සිරි ද සිල්වා

» "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

» කැනඩාවේ ටොරොන්ටෝ වෙඩි තැබීම: කාන්තාවක් මරුට, දැරියකට අසාධ්‍යයි
Tue Jul 24, 2018 7:58 am by කිත්සිරි ද සිල්වා

» Quick Checklist for Selecting a Stock
Tue Jul 24, 2018 7:46 am by serene

» Chevron Lubricants Lanka appoints new MD/CEO
Tue Jul 24, 2018 7:43 am by serene

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

FLCH.N0000 (F L C Holdings PLC)

Page 1 of 2 1, 2  Next

Go down

FLCH.N0000 (F L C Holdings PLC)

Post by yellow knife on Fri Oct 02, 2015 4:17 pm

Rothschilds were the economic Lords and were controlling the commercial world from London.


Nathan Mayer Rothschild was the figure head of the family controlling the business empire.



In 1841 the 36-year old nephew of Nathan Mayer Rothschild, Maurice (born Moritz) Worms, set sail from London for the Far East.




But it was to Ceylon that he returned, seeing there a new and potentially profitable life for himself. He bought a substantial piece of land at Pussellawa.



He now invited his brother Gabriel to join him. Gabriel had been a merchant in Paris but after the July Revolution of 1830 had joined Maurice on the London Stock Exchange. Together, they now set up as G. and M.B. Worms.



The thousand acres which he and Gabriel bought represented a promising investment and, although no evidence has yet been found, the fact that he chose to call this new estate Rothschild suggests that his London cousins had some part in the funding. The Rothschild plantation was big; the average coffee estate in Ceylon was under 200 acres. Indeed, with its neighbour, the Delta plantation, managed by the Sabonadière brothers, it was the largest on the island.



In December 1839, just a year or more before Maurice’s arrival in Ceylon, experiments were being made in the Royal Botanic Gardens at Peradeniya, just outside Kandy. A small batch of tea-seeds, sent from Assam in India, was sown



in that same year the very first commercial crop of tea from Assam had been sold on the London markets, breaking the centuries-old Chinese monopoly.


Article Information

‘Cousins in Ceylon’

Victor Gray and Ismeth Raheem explain a curious and lasting
Rothschild connection with Sri Lanka



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

===============================================================================


Sorry for the long introduction to Ceylon Tea and Rothschild connection but the same Rothschild estate now belongs to FLCH.


Yet the amazing fact is that FLCH is still a large tea producer of the country.

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


Last edited by yellow knife on Fri Oct 02, 2015 4:47 pm; edited 1 time in total

yellow knife
Top contributor
Top contributor

Posts : 5897
Join date : 2014-03-27

Back to top Go down

Re: FLCH.N0000 (F L C Holdings PLC)

Post by yellow knife on Fri Oct 02, 2015 4:39 pm

Despite revenue the profit is shows the poor managing of the business

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

yellow knife
Top contributor
Top contributor

Posts : 5897
Join date : 2014-03-27

Back to top Go down

Re: FLCH.N0000 (F L C Holdings PLC)

Post by yellow knife on Fri Oct 02, 2015 4:41 pm

EPS confirms the poor performance

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

yellow knife
Top contributor
Top contributor

Posts : 5897
Join date : 2014-03-27

Back to top Go down

Re: FLCH.N0000 (F L C Holdings PLC)

Post by yellow knife on Fri Oct 02, 2015 4:44 pm

Those who try to promote FLCH often highlight Net Assets. Even Net Assets Per Share come down.

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

yellow knife
Top contributor
Top contributor

Posts : 5897
Join date : 2014-03-27

Back to top Go down

Re: FLCH.N0000 (F L C Holdings PLC)

Post by yellow knife on Fri Oct 02, 2015 5:46 pm

Total tea production of FLCH was 12.24 Million Kilograms for 2015.

Total tea production of TPL was 7 Million Kilograms per year for 2015.

Total Revenue of TPL was4,761,101,000 and for FLCH the revenue from tea only was 4,926,528,532


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





yellow knife
Top contributor
Top contributor

Posts : 5897
Join date : 2014-03-27

Back to top Go down

Re: FLCH.N0000 (F L C Holdings PLC)

Post by yellow knife on Fri Oct 02, 2015 5:49 pm

Total Revenue composition of FLCH

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





2015
Tea4,926,528,532.00
Rubber1,000,095,094.00
Coconut17,395,285.00
Cinamon5,499,673.00
Hydro Power187,795,655.00
Property31,008,853.00
Others304,601,124.00
6,472,926,231.00

yellow knife
Top contributor
Top contributor

Posts : 5897
Join date : 2014-03-27

Back to top Go down

Re: FLCH.N0000 (F L C Holdings PLC)

Post by Hybrid on Fri Oct 02, 2015 6:02 pm

Thanks YK for going through those 218 odd pages of the financial report for 2014/15.

I found the report overwhelming and cumbersome to digest. Your extraction and summery of the key data is appreciated.


In fact, I have quite a bit of investment in this company and with Kapila, Nanayakkara and some others who are very good professionals known for decades it should come back to profit soon.

Yes the revenue from tea exports and the valuation of the biological assets are the big concerns in the report apart from the lesser negatives.

But on the brighter side I notice that the good accounting practices have been followed and sufficient provisions have been made in the books. (Example: 2 Billion for Gratuuity and Retirement Benefits)

They are aware of the overvaluation of the trees etc and made a revaluation and adjustment accordingly.

avatar
Hybrid

Posts : 745
Join date : 2015-02-03
Location : Colombo

Back to top Go down

Re: FLCH.N0000 (F L C Holdings PLC)

Post by Hybrid on Fri Oct 02, 2015 6:03 pm

yellow knife wrote:EPS confirms the poor performance

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

Posts : 745
Join date : 2015-02-03
Location : Colombo

Back to top Go down

Re: FLCH.N0000 (F L C Holdings PLC)

Post by yellow knife on Fri Oct 02, 2015 6:31 pm

My real concern is this is the biggest revenue maker of the Plantation companies that I have evaluated so far..

Means that this has potential..

The theme of annual report fits perfectly

What we can Do?

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

yellow knife
Top contributor
Top contributor

Posts : 5897
Join date : 2014-03-27

Back to top Go down

Re: FLCH.N0000 (F L C Holdings PLC)

Post by yellow knife on Fri Oct 02, 2015 6:36 pm

AT the moment this company is suitable for Traders only

Yet it still it has the potential if it gets into right ...hands .........

yellow knife
Top contributor
Top contributor

Posts : 5897
Join date : 2014-03-27

Back to top Go down

Re: FLCH.N0000 (F L C Holdings PLC)

Post by Hybrid on Fri Oct 02, 2015 7:17 pm

I would hire an EXPORT MANAGER with wide experience and good contacts from the FMCG sector.

Maybe even getting a expat would do.
This person has to be visiting the export markets, exibitions trade fairs and other promotional meetings.

That is a very aggressive job and requires the skills and background of a marketing manager.

Hopefully, "what can we do" statement will take effect soon!
avatar
Hybrid

Posts : 745
Join date : 2015-02-03
Location : Colombo

Back to top Go down

Re: FLCH.N0000 (F L C Holdings PLC)

Post by slstock on Fri Oct 02, 2015 7:24 pm

FLCH is am not mistaken is one of the biggest players of Tea if not the biggest at CSE.

They have a good reserve on timber but refer to below for further
+ and -

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




_________________
Never listen to anyone including myself without your own study. Only few truly genuine people exist in this world.
Please read : [You must be registered and logged in to see this link.]
---------

If someone finds an Avatar of me in cyberspace commenting and you are unsure, Keep asking deeper questions until you are satisfied to distinguish between the Real and the Avatar. The real answers questions directly and deeply [You must be registered and logged in to see this image.]

---------
avatar
slstock
Veteran
Veteran

Posts : 5220
Join date : 2014-06-12

Back to top Go down

Re: FLCH.N0000 (F L C Holdings PLC)

Post by HAL9000 on Fri Oct 02, 2015 7:49 pm

yellow knife wrote:AT the moment this company is suitable for Traders only

Yet it still it has the potential if it gets into right ...hands .........

Thanks for the effort. Valuable information
avatar
HAL9000
Top contributor
Top contributor

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

Back to top Go down

Re: FLCH.N0000 (F L C Holdings PLC)

Post by Leon on Sat Oct 03, 2015 7:15 am

Well done YK.
avatar
Leon
Top contributor
Top contributor

Posts : 1233
Join date : 2014-03-11

Back to top Go down

Re: FLCH.N0000 (F L C Holdings PLC)

Post by Illusion on Sat Oct 03, 2015 12:00 pm

Thanks YK. Superb.

Illusion

Posts : 76
Join date : 2014-02-28

Back to top Go down

Re: FLCH.N0000 (F L C Holdings PLC)

Post by Nuinth on Sat Oct 03, 2015 6:50 pm

Thx YK. Really appreciate ....!!!

Nuinth
Top contributor
Top contributor

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

Back to top Go down

Re: FLCH.N0000 (F L C Holdings PLC)

Post by Backstage on Sat Oct 03, 2015 10:37 pm

YK, your introductory notes on companies are getting more and more interesting. Knowing the historical background, gives one a richer understanding of the company than the usual clinical , facts and figures analysis. It kind of fleshes out the bare bones. Thank you so much.flower

btw; The Rothschilds were known to conceal their name as and when possible. This must have been a hobby sort of fun project for them. pocket change. You , I am sure must have done done your homework on them. The first family of capital.
avatar
Backstage
Top contributor
Top contributor

Posts : 3279
Join date : 2014-02-24

Back to top Go down

Re: FLCH.N0000 (F L C Holdings PLC)

Post by yellow knife on Thu Oct 15, 2015 4:43 pm

FLCH has changed the name and it will be known as Browns Capital PLC here after

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

yellow knife
Top contributor
Top contributor

Posts : 5897
Join date : 2014-03-27

Back to top Go down

Re: FLCH.N0000 (F L C Holdings PLC)

Post by WRRKUMARA on Thu Oct 15, 2015 8:33 pm

Very Happy Very Happy another drama

WRRKUMARA

Posts : 64
Join date : 2014-05-19

Back to top Go down

Re: FLCH.N0000 (F L C Holdings PLC)

Post by xmart on Thu Oct 15, 2015 9:30 pm

Thanks YK. +

you have put everything together. no question! FLCH has a great potential. look at their portfolio, Hydro, Plantation, Office Complex etc.

i had a good faith and kept buying this one. overall i gain nothing. since pros are there, shall i add my 2 cents about cons..

1. even though they have diversified, its revenue largely generate through plantations, which are unlikely turn around until 2018-2020.

2. poorly manage plantation is a nightmare.

3. lack of concern about retail investors and lack of credibility of the family management.

4. biological assets and its value as current asset or even after maturity.

anyway, FLCH may turn around and will give a massive return in due time when the time is right. but i highly doubt that the time is not right yet.
avatar
xmart
Top contributor
Top contributor

Posts : 574
Join date : 2015-01-17

Back to top Go down

Re: FLCH.N0000 (F L C Holdings PLC)

Post by First Guy on Wed Mar 29, 2017 7:19 am

FLCH (Browns Capital) divested bulk of the plantation business for a hefty profit. So balance sheet will get cleaner and might turn to profits soon. But what will they do with the cash?
avatar
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

Re: FLCH.N0000 (F L C Holdings PLC)

Post by yellow knife on Wed Mar 29, 2017 7:22 am

And the owner of the biggest plantation in SL held it tight when the sector is not doing well and sold when the plantation sector is recording good profits...

Definitely Damro should be very much grateful to Browns Capital.

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

Those who understand that Money itself can be utilized to make More Money will do nothing else. So Browns Capital will invest that money in Bonds.

yellow knife
Top contributor
Top contributor

Posts : 5897
Join date : 2014-03-27

Back to top Go down

Re: FLCH.N0000 (F L C Holdings PLC)

Post by First Guy on Thu Apr 06, 2017 7:47 am

Continuing on my previous post.

FLCH will benefit by two ways. More cash and a profitable income statement. Profitable income statement itself may boost valuation for FLCH. Cash can be used in two ways. Since not much debt, dividend can be given. Anything more than 0.25/- at this stage is huge compared to current price of 1.60/-
FLCH can acquire some other business and increase profits through that. Whatever it is, I think this is worth more than 1.60/- - 2/-

Disclosure: I hold FLCH
avatar
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

Re: FLCH.N0000 (F L C Holdings PLC)

Post by smallville on Tue Apr 18, 2017 7:13 am

FLCH has been a dead share to me, from the IPO listening in 2011 at 5.0 it has only given losses. In June 2012 - July 2012 it ran giving some bargain collectors a profits but since then its downtime... since 2015 its a dead share (from 2.4 to 0.Cool untill this news comes out (plantations bought by Damro) that takes it to 1.6-1.7.

Now FLCH got 4.694 billion solely from plantation selling, with 1,368,000,000 Nos. of Ordinary Shares, this amounts to an EPS of 3.43 alone. Then the return from AGAL sale 274 mill is an additional EPS of 0.2 (capital gains or losses from selling not calculated) The latter alone is nearly 4x last qtr EPS.

Tea, Palm Oil and Real estate were the group's greatest revenue generators. Now that Plantations are gone what will FLCH do with just Hydro, Real estate, investment, Solar?
Solar was anyway loss, Hydro was nearly a marginal profit (due to draughts from Q2 2016)
This is getting interesting...

_________________
I take risks as a Trader and I select stocks based on Tech and daily Cash in/out. Therefore, my methods may not suit u.. so DYO analysis before making any decisions.
avatar
smallville
Top contributor
Top contributor

Posts : 1723
Join date : 2014-02-23
Location : Trying to figure out..

Back to top Go down

Re: FLCH.N0000 (F L C Holdings PLC)

Post by CK on Tue Apr 18, 2017 7:42 am

So small wht your idea in current price?
avatar
CK
Active Member
Active Member

Posts : 1199
Join date : 2015-11-01

Back to top Go down

Page 1 of 2 1, 2  Next

Back to top


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