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yellow knife
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CCS.N0000 ( Ceylon Cold Stores) - Page 3 Empty Re: CCS.N0000 ( Ceylon Cold Stores)

on Wed Nov 23, 2016 7:25 am
CCS to launch a range of fruit juice products next month
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Rana
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CCS.N0000 ( Ceylon Cold Stores) - Page 3 Empty Interim Financial Statements as at 31-12-2016

on Fri Jan 27, 2017 5:02 pm
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yellow knife
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CCS.N0000 ( Ceylon Cold Stores) - Page 3 Empty Re: CCS.N0000 ( Ceylon Cold Stores)

on Wed Feb 07, 2018 7:21 am
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Sugar Tax has hit carbonated beverages including Elephant house soft-drinks.

As per CCS reports, volume drop is as high as 21% during 3rd Q on YoY basis.

Sugar tax was imposed on carbonated beverages since Nov 2017. It increased the prices, and the label contained a mark showing the level of sugar.

Surprisingly sugar tax was only imposed on carbonated drinks, where even Milo or Nescafe also include a massive sugar content.
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CCS.N0000 ( Ceylon Cold Stores) - Page 3 Empty Re: CCS.N0000 ( Ceylon Cold Stores)

on Wed Feb 07, 2018 7:39 pm
Thanks YK.
yellow knife wrote:Sugar Tax has hit carbonated beverages including Elephant house soft-drinks.

As per CCS reports, volume drop is as high as 21% during 3rd Q on YoY basis.

Sugar tax was imposed on carbonated beverages since Nov 2017. It increased the prices, and the label contained a mark showing the level of sugar.

Surprisingly sugar tax was only imposed on carbonated drinks, where even Milo or Nescafe also include a massive sugar content.
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yellow knife
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CCS.N0000 ( Ceylon Cold Stores) - Page 3 Empty Re: CCS.N0000 ( Ceylon Cold Stores)

on Wed Jun 20, 2018 5:57 pm
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Staying focused,,,staying ahead... 2017/18

CCS has increased its revenue, despite many obstacles for FMCG sector.
However the bottom line was affected by these adverse conditions like imposing tax on sugar content as well as slowing of GDP growth.

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yellow knife
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CCS.N0000 ( Ceylon Cold Stores) - Page 3 Empty Re: CCS.N0000 ( Ceylon Cold Stores)

on Wed Jun 20, 2018 5:59 pm
Company declares dividends in proportionate to its Earnings...

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Last edited by yellow knife on Wed Jun 20, 2018 6:06 pm; edited 1 time in total
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yellow knife
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CCS.N0000 ( Ceylon Cold Stores) - Page 3 Empty Re: CCS.N0000 ( Ceylon Cold Stores)

on Wed Jun 20, 2018 6:01 pm
Net Assets per share is steadily growing

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yellow knife
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CCS.N0000 ( Ceylon Cold Stores) - Page 3 Empty Re: CCS.N0000 ( Ceylon Cold Stores)

on Wed Jun 20, 2018 6:06 pm
2011 was a bubble in CSE , yet very few companies share price surpassed this bubbled up price.

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The PE ratios clearly shows the speculative nature of market price in 2011 , and yet like many companies in FMCG sector the PE ratio is still at a higher value.

Top twenty list shows that foreign funds are interested in this company and in 2018 alone, BBH Emerging Asia Fund has collected few millions of shares.


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yellow knife
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CCS.N0000 ( Ceylon Cold Stores) - Page 3 Empty Re: CCS.N0000 ( Ceylon Cold Stores)

on Wed Jun 20, 2018 6:23 pm
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Inception Date

30 April 2013

Fund Assets

$513.51 million  (5/31/2018)

The Fund is expected to invest a substantial portion of its net assets in the emerging countries and markets in the Asian region, including but not limited to, Bangladesh, Cambodia, China (including Taiwan, but excluding Hong Kong), India, Indonesia, Laos, Malaysia, Mongolia, Myanmar, Pakistan, Papua New Guinea, Philippines, Sri Lanka, Thailand and Vietnam ("Emerging Asian Countries"). The Fund seeks to invest in companies capable of sustainable growth based on the fundamental characteristics of those companies, including balance sheet information; number of employees; size and stability of cash flow; management’s depth, adaptability and integrity; product lines; marketing strategies; corporate governance; and financial health
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yellow knife
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CCS.N0000 ( Ceylon Cold Stores) - Page 3 Empty Re: CCS.N0000 ( Ceylon Cold Stores)

on Wed Jun 20, 2018 6:27 pm
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Soft drink sector has witnessed 16% decline in volumes due to excise duty imposed on sugar content of carbonated soft drinks in Nov 2017.

Even Frozen Confectionery sector records a drop of 3.6 in volumes.

Company is looking into add Zero Sugar products to match the regulatory requirements.
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CCS.N0000 ( Ceylon Cold Stores) - Page 3 Empty Re: CCS.N0000 ( Ceylon Cold Stores)

on Wed Jun 20, 2018 7:11 pm
Thanks YK
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pjrngroup
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CCS.N0000 ( Ceylon Cold Stores) - Page 3 Empty Re: CCS.N0000 ( Ceylon Cold Stores)

on Wed Jun 20, 2018 10:09 pm
Thanks YK for the update.
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CCS.N0000 ( Ceylon Cold Stores) - Page 3 Empty Re: CCS.N0000 ( Ceylon Cold Stores)

on Thu Jun 21, 2018 7:54 am
Thanks Yk.
Sold half of CcS speculating price drop due to unfavourable policy decisions.
But SP has been rock solid.
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CCS.N0000 ( Ceylon Cold Stores) - Page 3 Empty Re: CCS.N0000 ( Ceylon Cold Stores)

on Thu Jun 21, 2018 8:33 am
Most manufacturers are deceiving their customers by playing with this factor.
They only talk about the Added Sugar % than the total composition %.
yellow knife wrote:
Company is looking into add Zero Sugar products to match the regulatory requirements.

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CCS.N0000 ( Ceylon Cold Stores) - Page 3 Empty Re: CCS.N0000 ( Ceylon Cold Stores)

on Thu Jun 21, 2018 4:56 pm
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Sri Lanka is very slow in adopting such regulations such as sugar content declaration. Market will stabilize once the companies resort to low or no sugar products.
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CCS.N0000 ( Ceylon Cold Stores) - Page 3 Empty Re: CCS.N0000 ( Ceylon Cold Stores)

on Mon Dec 03, 2018 10:03 am
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Protests as Sri Lanka cuts tax on sugary drinks

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This proposal if implemented as said will turn CCS financials and growth upside down. When this was introduced last year CCS profits plummeted dramatically. Now CCS is trading around 730/- and if this is confirmed ( will not cut back in case RW is back or someone else) there is a strong chance for CCS to move back towards 1,000/-.
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CCS.N0000 ( Ceylon Cold Stores) - Page 3 Empty Re: CCS.N0000 ( Ceylon Cold Stores)

on Tue Jun 11, 2019 9:15 pm
Sri Lanka’s Elephant House 'sugar free' line scrapped
Jun 11, 2019


Sri Lanka's Ceylon Cold Stores, which operates the Elephant House food and beverage brand, scrapped its 'Go Sugar Free' soft drink line due to low consumer demand, the firm has said.

"The traction on the CSD (Carbonated Soft Drinks) “Go Sugar Free” variant introduced in 2018 was disappointing and as a result of the lack of consumer demand for sugar free CSD beverages in the Sri Lankan market, the Company withdrew the range," Ceylon Cold Stores shareholders in the annual report.

The 'Go Sugar Free' line was launched in April 2018, after Sri Lanka's elected ruling class, egged on by social engineering etatists tried to force unarmed citizens to dance to their tune by slapping a punitive tax on soft-drinks sweetened with natural sugar in 2017.

Sri Lanka also has high taxes on alcohol and beer.

Ceylon Cold Stores introduced sugar free versions of the existing beverages such as EGB, Necto, Cream Soda and Orange Crush.

The sugar free products contained Stevia, a plant-based sweetener.

The firm said the beverage sector volumes fell 16 percent due to an overall demand fall in discretionary food items, which was made worse with the sugar tax.

However, in 2019, the government revised the etatistic sugar tax to 40 cents per gram of sugar from the original 50 cents per gram, helping the beverage sector pick up.

"The industry welcomed rationalization of the sugar tax in the Government budget proposals for 2019 enabling the business to reduce prices of carbonated beverages towards the end of the financial year, which resulted in an uptick in volumes," the firm said.

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CCS.N0000 ( Ceylon Cold Stores) - Page 3 Empty Re: CCS.N0000 ( Ceylon Cold Stores)

on Sat Jul 27, 2019 3:38 pm
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CCS Update

Results for Apr - June quarter just around the corner. When I read through JKH press release I found that their beverage sector has done well YoY. So I went to CCS financials and found the below.

Apr - June 18 - 14bn revenue with a gross margin of 8.9% they have reported a PAT of 239mn

Jan-March 19 - 15.5bn revenue with a gross margin of 11.7% they have reported a PAT of 528mn. They have changed the accounting standard to SLFRS 16 for finance cost which has resulted to increase the finance cost by 10 fold but still they are marginally below the corresponding quarter PAT.

So then I have just work out what could be the likely scenario for Apr-Jun 19 result. Based on Jan-Mar 19 numbers they can generate a revenue about 16bn and with a similar GP margin they are in a good position to generate a PAT around 550-600mn so that will be more than 100% PAT growth YoY!!!!

Well then what the charts show to me. The price was largely below 600/- till the send week of July but suddenly jumped to 750/- by last week.

May be investors have seen the same picture what I have just saw and taking early positions. I am not sure whether the price can further move up or not but the quarter report will be very good YoY and the technical charts too showing bullish signs from 600/- mark.
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CCS.N0000 ( Ceylon Cold Stores) - Page 3 Empty Re: CCS.N0000 ( Ceylon Cold Stores)

on Sat Jul 27, 2019 3:49 pm
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CCS.N0000 ( Ceylon Cold Stores) - Page 3 Empty Re: CCS.N0000 ( Ceylon Cold Stores)

on Tue Jul 30, 2019 9:12 pm
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So CCS recorded a revenue of 16.7bn and a PAT of 412mn with a YoY increase of 72% though PAT is about 140mn short to my target. Anyway a good result.

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CCS.N0000 ( Ceylon Cold Stores) - Page 3 Empty Re: CCS.N0000 ( Ceylon Cold Stores)

on Wed Jul 31, 2019 9:57 am
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Ceylon Cold Stores profits up 72-pct in June quarter

ECONOMYNEXT - Profits at Sri Lanka's Ceylon Cold Stores Plc, a consumer goods firm grew 72 percent to 412 million rupees in the June 2019 quarter from a year earlier, with sales and margin growth, interim accounts shows.

The firm reported earnings of 4.34 rupees per share for the quarter. The stock fell 15.70 rupees to close at 737.89 on June 30, after making strong recent gains.

The firm produces ice cream and beverages under its Elephant House brand.

"Consumer Foods witnessed growth on account of improved performance in the Beverages and Frozen Confectionery businesses driven by growth in volumes and improved profitability on account of higher margins," the firm said.

"Retail performance was driven by robust revenue growth in the Supermarkets business, supported by the rebranding initiative, expansion of outlets and a pickup in average basket values."

Revenues grew 20 percent to 16.73 billion rupees, cost of sales grew at a slower 15 percent to 14.58 billion rupees and gross profits grew a steep 67 percent to 2.1 billion rupees.

The consumer business had grown despite disruptions from Easter Sunday attacks, CCS parent John Keells Holdings had said earlier. (Colombo/July31/2019)
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CCS.N0000 ( Ceylon Cold Stores) - Page 3 Empty Re: CCS.N0000 ( Ceylon Cold Stores)

on Thu Oct 24, 2019 1:35 pm
I do not know whether following is true or not.. Yet I have heard that Underworld is active in Hanwella, Ranala and Jalthara area ...

ranjan wrote: says:
October 24, 2019 at 11:32 am
බීම ප්‍රවාහනය කරන ලොරි හා සේවකයන්ට සිය සේවයට පැමිණීම තහනම් කරමින් පාතාලයෙන් එල්ල කළ තර්ජන හේතුවෙන් කඩුවෙල රණාලේ පිහිටි අලියා බීම සමාගමේ ප්‍රධාන නිෂ්පාදනාගාරයේ කටයුතු ඊයේ (23 වැනිදා) නවත්වා දැමීමට ආයතන බලධාරීන්ට සිදුවී ඇත.මේ හේතුවෙන් ආයතනයේ බීම නිෂ්පාදනය කරන යන්ත්‍ර තුනෙන් දෙකක වැඩ හා අයිස්ක්‍රීම් නිෂ්පාදනය සම්පූර්ණයෙන් නවතා දැමූ බව සේවකයෝ පැවසූහ. මේ හේතුවෙන් ආයතනයේ රුපියල් කෝටි ගණනක නිෂ්පාදන කාර්යයන් ඇනහිට ඇත
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dhanurrox
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CCS.N0000 ( Ceylon Cold Stores) - Page 3 Empty Re: CCS.N0000 ( Ceylon Cold Stores)

on Thu Oct 24, 2019 5:57 pm
yellow knife wrote:I do not know whether following is true or not.. Yet I have heard that Underworld is active in Hanwella, Ranala and Jalthara area ...

ranjan wrote: says:
October 24, 2019 at 11:32 am
බීම ප්‍රවාහනය කරන ලොරි හා සේවකයන්ට සිය සේවයට පැමිණීම තහනම් කරමින් පාතාලයෙන් එල්ල කළ තර්ජන හේතුවෙන් කඩුවෙල රණාලේ පිහිටි අලියා බීම සමාගමේ ප්‍රධාන නිෂ්පාදනාගාරයේ කටයුතු ඊයේ (23 වැනිදා) නවත්වා දැමීමට ආයතන බලධාරීන්ට සිදුවී ඇත.මේ හේතුවෙන් ආයතනයේ බීම නිෂ්පාදනය කරන යන්ත්‍ර තුනෙන් දෙකක වැඩ හා අයිස්ක්‍රීම් නිෂ්පාදනය සම්පූර්ණයෙන් නවතා දැමූ බව සේවකයෝ පැවසූහ. මේ හේතුවෙන් ආයතනයේ රුපියල් කෝටි ගණනක නිෂ්පාදන කාර්යයන් ඇනහිට ඇත
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Yes they are very active in that area.

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The Invisible
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CCS.N0000 ( Ceylon Cold Stores) - Page 3 Empty Re: CCS.N0000 ( Ceylon Cold Stores)

on Sat Jul 25, 2020 9:57 am
Message reputation : 100% (1 vote)
Sri Lanka’s Ceylon Cold Stores loses Rs349mn on Coronavirus, revenues down 26-pct in June

ECONOMYNEXT – Sri Lanka’s Ceylon Cold Stores Plc, which runs a retail chain and makes fast moving consumer goods, lost 349 million rupees in the June 2020 quarter amid Coronavirus lockdowns, interim accounts showed.

Revenues were down 26 percent to 12.3 billion rupees, cost of sales were down 20 percent to 11.6 billion rupees, and gross profits were sharply down 65 percent to 753 million rupees.

Finance costs rose 12 percent to 495 million rupees.

Pre-tax losses were 498 million rupees for the June quarter, reversing from a 648 million rupee pre-tax profits last year.

Short term borrowings rose to 2.9 billion rupees from 1.54 billion rupees, while bank overdrafts fell to 8.8 billion rupees from 9.8 billion rupees. (Colombo/July24/2020)
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Sri
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CCS.N0000 ( Ceylon Cold Stores) - Page 3 Empty Re: CCS.N0000 ( Ceylon Cold Stores)

on Sat Jul 25, 2020 9:29 pm
Very less active shares.. so we can't expect market to respond to this situation..

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