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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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Latest topics

» CCS.N0000 ( Ceylon Cold Stores)
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

» DV-2024 Program: Online Registration
HARI.N0000 ( HARISCHANDRA MILLS PLC ) EmptyThu Oct 06, 2022 11:26 am by කිත්සිරි ද සිල්වා

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    HARI.N0000 ( HARISCHANDRA MILLS PLC )

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    Post by yellow knife Mon Oct 19, 2015 1:18 pm

    Just let me show two nice examples of the business journey of two different countries.

    SL. 1. Harischandra Mills
    SK  2. Samsung

    Both companies start as the same selling dry fish, noodles, and other groceries.

    Mr. C.A. Harischandra founded the Company in 1943, Matara, Sri Lanka, with an initial capital of R.S. 25,000/- on a land area of 20 perches.

    The first activities of the Company were the milling of rice, kurakkan and other grains. By 1952, the business had expanded into various other fields including the milling of coconut oil.

    The business carried out by Mr. Harischandra was incorporated in Sri Lanka under the Companies Ordinance No. 51 of 1938 on the 9th day of January 1953.

    In addition, being a pioneer industry in the south of the country, the Company became a pioneer in another field by allotting in 1959 forty percent of its shares to its employees.

    In 1983 the Company was listed on the Colombo Stock Exchange.

    The Company at present, is the market leader in the sales of noodles, coffee, kurakkan flour, ulundu flour and has an appreciable market share in rice flour, laundry bar soap and blue washing soap.

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    Post by yellow knife Mon Oct 19, 2015 1:18 pm

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    Post by yellow knife Mon Oct 19, 2015 1:20 pm

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    Samsung started in 1938 as a company selling dried Korean fish, vegetables and fruit to Manchuria and Beijing.
    This is how Samsung looked like 74 years ago when they started.
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    Post by yellow knife Mon Oct 19, 2015 1:24 pm

    2011 was a remarkable year for Sri Lanka. Even the revenue chart of Hari.N shows this difference prior to 2011 and post

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    Post by yellow knife Mon Oct 19, 2015 1:25 pm

    EPS was growing continuously

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    Post by yellow knife Mon Oct 19, 2015 1:26 pm

    Net Assets of the company

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    කිත්සිරි ද සිල්වා
    කිත්සිරි ද සිල්වා
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    HARI.N0000 ( HARISCHANDRA MILLS PLC ) Empty Re: HARI.N0000 ( HARISCHANDRA MILLS PLC )

    Post by කිත්සිරි ද සිල්වා Mon Oct 19, 2015 1:27 pm

    Thanks YK.
    Could not help wondering where, how, when and why did we fail? scratch
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    Post by yellow knife Mon Oct 19, 2015 1:29 pm

    When compared with other food and beverage company the performance is in par


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    Post by yellow knife Mon Oct 19, 2015 1:33 pm

    In the top twenty list No 1. , No 5 and No 18 belong to Dr. Senthilverl on two margin accounts and one individual

    Somewhat similar situation is seen in HDFFC bank as well
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    Post by yellow knife Mon Oct 19, 2015 2:52 pm

    කිත්සිරි ද සිල්වා wrote:Thanks YK.
    Could not help wondering where, how, when and why did we fail? scratch


    One reason is lack of focus on manufacturing.

    some 20 years after its foundation, the company switched to selling flour mills and confectionery machines, which was the fundamental turn of the company towards technology products.
    Throughout the course of their early operation, Samsung invested in a clothing company, acquired a Swiss watch company and even negotiated acquisition of a Dutch aircraft maker Fokker, thereby showing interest in a variety of industries.
    Still successful, today Samsung sells a very wide range of consumer electronics.
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    Post by yellow knife Fri Sep 02, 2016 5:49 pm

    2015/16

    Hari is a highly illiquid company.

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    Post by yellow knife Fri Sep 02, 2016 5:51 pm

    Even though Revenue has gone up PAT has comedown in this company of FMCG category

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    Post by yellow knife Fri Sep 02, 2016 5:53 pm

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    Post by yellow knife Fri Sep 02, 2016 5:54 pm

    When a company is highly illiquid its price is easy to remain at higher levels with higher PE ratios..

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