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» "පියසේනට දැං සනීපයි..."
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyToday at 5:00 pm by Ethical Trader

» Dividend Announcement
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyToday at 4:52 pm by Ethical Trader

» TJL.N0000 (Textured Jersey Lanka PLC.)
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyToday at 11:50 am by serene

» CFVF - First Capital
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyToday at 7:43 am by serene

» Thread for News on CSE and SL Economy
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyYesterday at 7:18 pm by NIRMALSG

» විද්‍යාව මිස්ගේ පාඩම...
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyYesterday at 7:27 am by sanjulanka

» Trading Journal
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyTue Jul 16, 2019 11:50 pm by pathfinder

» වචන නම් අපේ ඒත් තනුව ?????????
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyTue Jul 16, 2019 8:08 pm by Rana

» Access Engineering AEL Technical Analysis
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyMon Jul 15, 2019 3:07 pm by NIRMALSG

» Tourism sector
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptySun Jul 14, 2019 8:57 am by NIRMALSG

» Cricket, meet Capitalism
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyFri Jul 12, 2019 1:24 pm by කිත්සිරි ද සිල්වා

» LFIN - LB Finance
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyThu Jul 11, 2019 11:27 am by Ethical Trader

» අපි නොදන්න චෙස් කිව්වලු !
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyTue Jul 09, 2019 6:25 pm by serene

» Stock Market to stay Bullish
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyMon Jul 08, 2019 7:51 am by කිත්සිරි ද සිල්වා

» Is an emoji a word or a gesture?
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyMon Jul 08, 2019 7:46 am by කිත්සිරි ද සිල්වා

»  Rajgama Heroes !
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyMon Jul 08, 2019 7:39 am by කිත්සිරි ද සිල්වා

» HHL.N0000 ( Hemas Holdings PLC)
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptySun Jul 07, 2019 12:25 pm by dhanurrox

» Checkmate, meatbags !
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptySun Jul 07, 2019 7:20 am by spw19721

» GLAS.N0000 (PIRAMAL GLASS CEYLON PLC)
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptySat Jul 06, 2019 8:13 am by කිත්සිරි ද සිල්වා

» සංචාරක පැමිණීම ක්‍රමයෙන් යහපත් වන ලකුණු
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyFri Jul 05, 2019 6:11 pm by serene

» SAMP.N0000 (SAMPATH BANK PLC)
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyThu Jul 04, 2019 8:55 am by serene

» Easter Sunday Attack and Sri Lanka
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyThu Jul 04, 2019 8:46 am by කිත්සිරි ද සිල්වා

» අනං මනං! #/+?.<>
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyWed Jul 03, 2019 10:07 pm by ruwan326

» First capital holdings
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyWed Jul 03, 2019 1:37 pm by serene

» What to Analyse
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyMon Jul 01, 2019 11:33 am by serene

» අනිසි ලෙස කොටස් මිල හැසිර වූ ආයෝජකයින් දෙදෙනෙකුට සුරැකුම්පත් කොමිසමෙන් නඩු
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyFri Jun 28, 2019 2:11 pm by Ethical Trader

» අද වෙන්දේසියේ දී බිල්පත් පොළිය පහළට.
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyFri Jun 28, 2019 7:46 am by serene

» AAIC.N0000
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyFri Jun 28, 2019 7:33 am by serene

» SERV - The Kingsbury
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyThu Jun 27, 2019 8:27 pm by ruwan326

» TPL.N0000 (TALAWAKALE PLANTATIONS )
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyWed Jun 26, 2019 2:22 pm by nuwanmja

» Life After Google
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyTue Jun 25, 2019 5:28 pm by කිත්සිරි ද සිල්වා

» S&P ශ්‍රී ලංකා 20 දර්ශකයේ වෙනසක්. CTC, NTB, රිචඩ් පීරිස් සහ ටෝක්යෝ සිමෙන්ති ඉවතට
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyTue Jun 25, 2019 6:37 am by nihal123

» Future of Tea Industry
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyMon Jun 24, 2019 6:54 pm by hammurabi

» Cricket !
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyMon Jun 24, 2019 2:22 pm by කිත්සිරි ද සිල්වා

» DIPD.N0000 (Dipped Products)
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyMon Jun 24, 2019 11:40 am by Ethical Trader

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptySun Jun 23, 2019 9:14 pm by hammurabi

» මිල සූත්‍රය වැරදුණාද, වැරැද්දුවාද?
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyFri Jun 21, 2019 5:25 pm by Ethical Trader

» Happy Father's Day !
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyMon Jun 17, 2019 8:58 pm by spw19721

» DPL.N0000 (Dankotuwa Porcelain PLC)
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptySun Jun 16, 2019 7:12 am by NIRMALSG

» Re: Financial reports Q1-2019
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyFri Jun 14, 2019 8:57 pm by dhanurrox

» SEYB.N0000 ( SEYLAN BANK PLC )
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyThu Jun 13, 2019 8:11 pm by ruwan326

» NTB.N0000 (NATIONS TRUST BANK PLC)
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyThu Jun 13, 2019 8:08 pm by ruwan326

» PABC.N0000 (Pan Asia Banking Corporation PLC)
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyThu Jun 13, 2019 8:06 pm by ruwan326

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyThu Jun 13, 2019 7:58 pm by ruwan326

» HNB.N0000 ( Hatton National Bank PLC)
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyThu Jun 13, 2019 7:57 pm by ruwan326

» HDFC.N0000 (HOUSING DEVELOPMENT FINANCE CORPORATION BANK OF SRI LANKA)
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyThu Jun 13, 2019 7:48 pm by ruwan326

» DFCC.N0000 ( DFCC BANK PLC )
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyThu Jun 13, 2019 7:45 pm by ruwan326

» COMB.N0000 ( COMMERCIAL BANK OF CEYLON PLC )
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyThu Jun 13, 2019 7:43 pm by ruwan326

» Should CSE be like this? Whose FAULT is it?
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyWed Jun 12, 2019 5:21 pm by Yin-Yang

» CCS.N0000 ( Ceylon Cold Stores)
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyTue Jun 11, 2019 9:15 pm by ruwan326

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Hayleys buys balance 9.47-stake in Singer Sri Lanka

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Hayleys buys balance 9.47-stake in Singer Sri Lanka Empty Hayleys buys balance 9.47-stake in Singer Sri Lanka

Post by The Invisible on Tue Oct 16, 2018 7:28 am

ECONOMYNEXT - Hayleys Plc, has bought a remaining 9.47 percent stake in consumer durables retailer Singer Sri Lanka Plc, for 1,671 million rupees.

In September 2017, Hayleys bought control from Singer Sri Lanka for 10.8 billion rupees, in what was the largest trade in the Colombo Stock Exchange.

Hayleys, and its units Carbotels and Volanka bought a 61.73 percent stake at the time also for 47 rupees a share.

Retail Holdings NV, the previous parent had the option of selling remaining shares within the next 12 to 15 months.

Sri Lanka's rupee, which has an unstable soft-peg to the US dollar has fallen since then. (Colombo/Oct15/2018)
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Hayleys buys balance 9.47-stake in Singer Sri Lanka Empty Re: Hayleys buys balance 9.47-stake in Singer Sri Lanka

Post by yellow knife on Tue Oct 16, 2018 7:31 am

Thanks Invisble. Hayleys is a long-term player. Definitely he who control Ceramics, Tiles, aluminum would control the electronic soon.

Hayleys buys balance 9.47-stake in Singer Sri Lanka 51cYFns4mjL._SX324_BO1,204,203,200_

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Hayleys buys balance 9.47-stake in Singer Sri Lanka Empty Re: Hayleys buys balance 9.47-stake in Singer Sri Lanka

Post by PANTOMATH on Tue Oct 16, 2018 7:39 am

With the recent acquisition,HAYL will have more pressure on their finance cost.Unless they go for PP,Debenture or a right issue,HAYL will not be able to make good profit.
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Hayleys buys balance 9.47-stake in Singer Sri Lanka Empty Re: Hayleys buys balance 9.47-stake in Singer Sri Lanka

Post by serene on Tue Oct 16, 2018 7:43 am

Thanks Invinsible.
If Hayleys values it at 47. Won't it be a better for us to value at 31.

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Hayleys buys balance 9.47-stake in Singer Sri Lanka Empty Re: Hayleys buys balance 9.47-stake in Singer Sri Lanka

Post by PANTOMATH on Tue Oct 16, 2018 7:49 am

serene wrote:Thanks Invinsible.
If Hayleys values it at 47. Won't it be a better for us to value at 31.
People like DP have longterm plans and they hold like Buffet.We ordinary people shouldn't follow them blindly.To get an idea refer financial statements of last few quarters of SINS.
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Hayleys buys balance 9.47-stake in Singer Sri Lanka Empty Re: Hayleys buys balance 9.47-stake in Singer Sri Lanka

Post by serene on Tue Oct 16, 2018 7:55 am

PANTOMATH wrote:
serene wrote:Thanks Invinsible.
If Hayleys values it at 47. Won't it be a better for us to value at 31.
People like DP have  longterm plans and they hold like Buffet.We ordinary people shouldn't follow them blindly.To get an idea refer financial statements of last few quarters of SINS.
Yap.Even the NAV is very low if my memory serves right.
Should be a speculative play.
Mandatory offer / or would Hayleys sell as their gearing ratio is not at a comfortable levels.
No one should invest on this if he is not dare to loose at this juncture.

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Hayleys buys balance 9.47-stake in Singer Sri Lanka Empty Re: Hayleys buys balance 9.47-stake in Singer Sri Lanka

Post by PANTOMATH on Tue Oct 16, 2018 7:58 am

serene wrote:
PANTOMATH wrote:
serene wrote:Thanks Invinsible.
If Hayleys values it at 47. Won't it be a better for us to value at 31.
People like DP have  longterm plans and they hold like Buffet.We ordinary people shouldn't follow them blindly.To get an idea refer financial statements of last few quarters of SINS.
Yap.Even the NAV is very low if my memory serves right.
Should be a speculative play.
Mandatory offer / or would Hayleys sell as their gearing ratio is not at a comfortable levels.
No one should invest on this if he is not dare to loose at this juncture.
If my memory serves right DP paid 2 PBV for the transaction.with recent losses SINS NAVPS should be around 17-18,will see with next report.
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Hayleys buys balance 9.47-stake in Singer Sri Lanka Empty Re: Hayleys buys balance 9.47-stake in Singer Sri Lanka

Post by yellow knife on Tue Oct 16, 2018 8:24 am

PANTOMATH wrote:With the recent acquisition,HAYL will have more pressure on their finance cost.Unless they go for  PP,Debenture or a right issue,HAYL will not be able to make good profit.

Yes... Even Plantation sector will get affected due to Iran sanctions. Hayleys will have tough time ahead. Yet they must have good strategies.. Rights will not be an option in a down market. NDB would have tasted the bitter pill. Dankotuwa also failed rights in a down market.

However Hayleys will prepare with superb strategies.


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

Monopolies often perform better than others. Krueger created a Monoploy of a simple product box of matches. Who cares even if the price of small things doubled giving super profits to the manufacturer.

Hayleys buys balance 9.47-stake in Singer Sri Lanka Scams

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