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» නව නාවික හමුදාපති "ඇමෙරිකානු ඒජන්තයෙක්" ද?
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» විජේදාස ඇමති පදවියෙන් නෙරපයි
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» 10% ක බෝනස් ඩේටා දෙන්න දුරකතන සමාගම් එකඟවෙයි
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» පාකිස්තාන සංචාරය: "මම නම් යන්නේ නෑ"
Yesterday at 12:05 pm by Ethical Trader

» "මිනී මස් කාල එපා වෙලා"
Tue Aug 22, 2017 5:55 pm by Ethical Trader

» ලොව වැඩි වශයෙන්ම ප්‍රතිනිර්මාණය වූ කලා කෘතිය
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» විජයදාස ඉවත් කරන්න: එජාපය ජනපතිට කියයි
Tue Aug 22, 2017 3:09 pm by Ethical Trader

» ජනාධිපතිවරණය දිනා ශ්‍රී ලංකාවේ ණය එක දවසකින් ගෙවන සුපිරි කෝටීපතියා .!
Tue Aug 22, 2017 2:31 pm by Backstage

» ආදායම ලක්ෂ 12 ට අඩුනම් ආදායම් බදු නැහැ – මුදල් ඇමති කියයි
Tue Aug 22, 2017 12:30 pm by nihal123

» වැසිකිළියක් සදා නොදුන් සැමියාගෙන් දික්කසාද වීමට අධිකරණය අවසර දෙයි
Mon Aug 21, 2017 5:31 pm by Ethical Trader

» 2017 ජන්ද හිමි නාමලේඛනයේ කෙටුම්පත පිටවෙයි
Mon Aug 21, 2017 2:20 pm by nihal123

» වාහන බදු අඩු කළායින් පසු සමාගම් කොටස් මිල ඉහළ ගිය හැටි
Mon Aug 21, 2017 11:50 am by Ethical Trader

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» ක්‍රිකට්: ශ්‍රී ලංකා කණ්ඩායමට එරෙහිව ක්‍රීඩාලෝලීන්ගේ විරෝධතාවක්
Mon Aug 21, 2017 10:55 am by Ethical Trader

» "විගණන පනත යට ගහන බවට ඇමතිවරුන්ට චෝදනා"
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Sun Aug 20, 2017 10:30 am by Ethical Trader

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Sat Aug 19, 2017 7:05 pm by Backstage

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» LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)
Sat Aug 19, 2017 11:28 am by Ethical Trader

» EPF/ETF සහ විදේශ ශ්‍රමිකයෝ: නව බදු පනත ගැන මේ කරුණු දන්නවාද?
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» ගෙවල්..වාහන..විදුලිය..සියල්ලටම දැන් ණය වර්ග අටක්..
Fri Aug 18, 2017 4:12 am by nihal123

» විදුලි සංදේශ බද්ද ඉවතට - යතුරුපැදි බදු අඩුවෙයි
Thu Aug 17, 2017 8:09 pm by nihal123

» දෙවන කාර්තුවේ ඉහළ වර්ධනය සමඟින් කොමර්ෂල් බැංකුව තවත් ශක්තිමත් වෙයි
Wed Aug 16, 2017 10:15 pm by nihal123

» අද වෙන්දේසියේ දී බිල්පත් පොළී නගී
Wed Aug 16, 2017 10:11 pm by nihal123

» ලක්‍ෂ්මන් සිල්වා DFCC බැංකුවේ ප‍්‍රධාන විධායක නිලධාරි තනතුරට
Wed Aug 16, 2017 12:29 pm by nihal123

» HOPL.N0000 ( Horana Plantations PLC)
Wed Aug 16, 2017 9:21 am by yellow knife

» පෑන් ඒෂියා බැංකුවේ ප්‍රාථමික අලෙවි කටයුතු මාස 06 කට අත්හිටුවයි
Tue Aug 15, 2017 1:16 pm by nihal123

» LIOC.N0000 (Lanka IOC PLC)
Mon Aug 14, 2017 2:37 pm by The Invisible

» Plantation sector updates
Sun Aug 13, 2017 4:51 pm by The Invisible

» අධිකරණ ඇමතිට ආණ්ඩු පක්ෂයෙන්ම විශ්වාස භංගයක්?
Sun Aug 13, 2017 7:52 am by smallville

» සොහොන් කොතේ නම 'අකැප' ඇෆ්ගන් කතුන්
Sat Aug 12, 2017 2:59 pm by Ethical Trader

» කොරියානු අර්බුදය හමුවේ ශ්‍රී ලංකාවේ සූදානම
Sat Aug 12, 2017 2:42 pm by Ethical Trader

» TJL.N0000 (Textured Jersey Lanka PLC.)
Sat Aug 12, 2017 2:10 pm by Ethical Trader

» කොරියාවේ උණුසුමට සංගීතයේ සිසිලස
Sat Aug 12, 2017 9:10 am by Ethical Trader

» මැක්‍රෝන් සිය බිරිඳට 'ජනාධිපති ආර්යා' නිල තත්වය නොදෙන ළකුණු
Fri Aug 11, 2017 10:39 pm by jiggysaurus

» Video of the day...
Fri Aug 11, 2017 4:24 pm by Rana

» Cartoon of the day...
Fri Aug 11, 2017 1:58 pm by Rana

» LWL.N0000 (Lanka Walltiles PLC)
Fri Aug 11, 2017 11:25 am by pjrngroup

» RICH N.0000 Richard Pieris and company PLC
Fri Aug 11, 2017 11:08 am by Ethical Trader

» විසිපන්දහසේ දඩය අනුමතයි - දඩ මුදල වැඩි කෙරුණු රථවාහන වැරදි මෙන්න
Thu Aug 10, 2017 9:29 pm by jiggysaurus

» ජනපති අගමැති ඇතුළු "සම්මුති ආණ්ඩුව වෙනුවෙන්" රවී ඇමති පුටුව අතහරි...
Thu Aug 10, 2017 7:13 pm by smallville

» KFP.N0000(Keels Food Products PLC)
Thu Aug 10, 2017 7:11 pm by pjrngroup

» රවී කරුණානායක ඉල්ලා අස්වෙයි
Thu Aug 10, 2017 7:11 pm by smallville

» REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)
Thu Aug 10, 2017 6:06 pm by Rana

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ASIY.N0000 (ASIA SIYAKA COMMODITIES PLC)

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ASIY.N0000 (ASIA SIYAKA COMMODITIES PLC)

Post by yellow knife on Fri Jul 22, 2016 10:03 am

Certain industries provide high profit margins and Hydro Power is one such. Commodity trading is another where high profit margins can be maintained. There were years where percentage of Hydro Power company Vidullanka was almost similar to Asiy.N

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Re: ASIY.N0000 (ASIA SIYAKA COMMODITIES PLC)

Post by yellow knife on Fri Jul 22, 2016 10:05 am

ASIY because of high profit margin qualifies for dividend hunters like Hydro Power companies.

Payout ratio from Earnings stand a higher value and even at current prices the dividend yield remains attractive.

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Re: ASIY.N0000 (ASIA SIYAKA COMMODITIES PLC)

Post by yellow knife on Fri Jul 22, 2016 10:07 am

Net asset value for 2016 has dipped marginally due to increased borrowings to finance the expansion which is expected to improve substantially in the year that has commenced as revenues from this new project enhances cash flows.

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Re: ASIY.N0000 (ASIA SIYAKA COMMODITIES PLC)

Post by yellow knife on Fri Jul 22, 2016 10:08 am

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Re: ASIY.N0000 (ASIA SIYAKA COMMODITIES PLC)

Post by yellow knife on Fri Jul 22, 2016 10:15 am

ASIY spent LKR 367 Million in the group's second warehouse where the construction completed by now.

This warehouse is the first Green Warehouse of Sri Lanka and double the storage capacity of the company.
Since the warehouse is energized only by solar power it will reduce the energy bill substantially and improve the profit.

At present ASIY is one of the four leading tea brokers of the country which share 14% of the 320 Million Kilogram export...

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Re: ASIY.N0000 (ASIA SIYAKA COMMODITIES PLC)

Post by pqrst on Tue Jul 26, 2016 1:25 pm

what if directors start reselling their shares? Question

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Re: ASIY.N0000 (ASIA SIYAKA COMMODITIES PLC)

Post by yellow knife on Tue Jul 26, 2016 1:34 pm

Good question...

Its biggest share holder is on margin...and has been shredding its stake form 80% to reach 57%...

Pan Asia Banking Corporation PLC/Lanka Commodity Brokers Limited

212,942,149

81.901%
31.03.2014



To


Pan Asia Banking Corporation PLC/Lanka Commodity Brokers Limited
149,148,464
57.365%
31.03.2016

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

Last sale was done by the directors on 1st September 2015 and this interval seems to signal that selling is over.. What ever it is they may not sell 6% more to reach a value below 51% of the ownership....

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Re: ASIY.N0000 (ASIA SIYAKA COMMODITIES PLC)

Post by First Guy on Wed Jul 27, 2016 8:30 am

This is the most discussed thread on ASIY
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sls and I had a good discussion with diverse opinion going on.

Just to make a correction, "Directors" did not sell. It was the parent which was selling.

Now my assumption was because they were in margin as they had to buy extra during a mandatory offer (if my memory is correct) and they had to clear.

This was a good one to have had when prices were much lower and good dividends declared. Now profits are lower so don't expect same dividends to continue. A lot of income came from the lending business. Now they have increased warehouse capacity through new warehouse. But till they utilize it fully, it won't perform at optimum level.

I don't hold ASIY anymore and have not studied this deeply. Comment above just from my memory.
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