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

Display results as :
 


Rechercher Advanced Search

Latest topics
» අනං මනං! #/+?.<>
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyYesterday at 8:18 pm by ruwan326

» Dividend Announcement
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyYesterday at 6:04 pm by Ethical Trader

» Browns Investments update
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyYesterday at 1:46 pm by The Invisible

» What Would You Do?
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyMon Aug 19, 2019 1:02 pm by කිත්සිරි ද සිල්වා

» Back of the Legends
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyMon Aug 19, 2019 10:13 am by Topcat

» Thread for News on Local and Foreign Politics
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyMon Aug 19, 2019 6:32 am by ruwan326

» NTB.N0000 (NATIONS TRUST BANK PLC)
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptySun Aug 18, 2019 10:33 pm by lanka

» Melstacorp (MELS)
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptySun Aug 18, 2019 8:33 pm by The Invisible

» Cargills (CARG)
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptySun Aug 18, 2019 8:26 pm by The Invisible

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptySun Aug 18, 2019 8:18 pm by The Invisible

» SHL.N0000 (Softlogic Holdings PLC)
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptySun Aug 18, 2019 8:14 pm by The Invisible

» SAMP.N0000 (SAMPATH BANK PLC)
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptySat Aug 17, 2019 12:44 pm by nuwanmja

» Hayleys MGT
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyFri Aug 16, 2019 8:55 pm by ruwan326

» CFVF - First Capital
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyFri Aug 16, 2019 9:58 am by CK

» JINS.N0000 ( Janashakthi Insurance PLC)
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyWed Aug 14, 2019 4:57 pm by The Invisible

» Thread for News on CSE and SL Economy
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyWed Aug 14, 2019 9:22 am by The Invisible

» Ceylinco Insurance CINS
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyWed Aug 14, 2019 9:18 am by The Invisible

» HNB.N0000 ( Hatton National Bank PLC)
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyWed Aug 14, 2019 9:15 am by The Invisible

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyWed Aug 14, 2019 9:11 am by The Invisible

» Tourism Sector
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyWed Aug 14, 2019 4:55 am by NIRMALSG

» LIOC.N0000 (Lanka IOC PLC)
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyMon Aug 12, 2019 2:55 pm by xmart

» HAYL.N0000 Hayleys PLC
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyMon Aug 12, 2019 1:43 pm by CK

» PABC.N0000 (Pan Asia Banking Corporation PLC)
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyMon Aug 12, 2019 1:33 pm by The Invisible

» Grain Elevators
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyMon Aug 12, 2019 1:31 pm by The Invisible

» Sri Lanka sets US$3.5bn tea export target for 2030
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyMon Aug 12, 2019 1:27 pm by The Invisible

» Tea: July 2019 national average shows gains month on month
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptySun Aug 11, 2019 9:19 pm by Topcat

» OSEA .N
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptySat Aug 10, 2019 6:40 pm by The Invisible

» Sri Lanka mulls reforms to punish 'errant' plantation companies
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptySat Aug 10, 2019 6:33 pm by The Invisible

» JKH.N0000
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptySat Aug 10, 2019 11:38 am by The Invisible

» HHL.N0000 ( Hemas Holdings PLC)
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptySat Aug 10, 2019 10:42 am by The Invisible

» Nestle NEST
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptySat Aug 10, 2019 10:28 am by The Invisible

» Ceylon Tobacco CTC
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptySat Aug 10, 2019 10:26 am by The Invisible

» Volkswagen කතාවේ ඇත්ත තත්ත්වය මෙහෙමයි.
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyFri Aug 09, 2019 5:37 pm by කිත්සිරි ද සිල්වා

» LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyFri Aug 09, 2019 5:07 pm by Ethical Trader

» VFIN - where the journey leads it?
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyFri Aug 09, 2019 9:21 am by ruwan326

» UAL.N0000 ( UNION ASSURANCE PLC )
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyFri Aug 09, 2019 9:20 am by ruwan326

» SPEN.N0000
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyThu Aug 08, 2019 10:20 pm by The Invisible

» Lanka Tiles
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyThu Aug 08, 2019 10:15 pm by The Invisible

» Expolanka
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyThu Aug 08, 2019 8:28 pm by ruwan326

» Tile - Snapshot
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyThu Aug 08, 2019 11:37 am by mymoney

» DPL.N0000 (Dankotuwa Porcelain PLC)
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyThu Aug 08, 2019 11:31 am by mymoney

» නිරුවත
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyThu Aug 08, 2019 9:36 am by කිත්සිරි ද සිල්වා

» HAYC - Haycarb
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyThu Aug 08, 2019 7:32 am by Beta

» WATA - Watawala
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyWed Aug 07, 2019 12:03 pm by lanka

» Chemanex
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyWed Aug 07, 2019 6:40 am by The Invisible

» East West properties
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyTue Aug 06, 2019 8:17 am by slstock

» CSE Market Wrap - 02.08.2019
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyTue Aug 06, 2019 6:59 am by pjrngroup

» Kandy Hotels
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyTue Aug 06, 2019 6:55 am by pjrngroup

» GLAS.N0000 (PIRAMAL GLASS CEYLON PLC)
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyMon Aug 05, 2019 10:07 pm by The Invisible

» 1000 Post Club | Celebration of a Great Milestone
Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities EmptyMon Aug 05, 2019 6:25 pm by pathfinder

August 2019
SunMonTueWedThuFriSat
    123
45678910
11121314151617
18192021222324
25262728293031

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

Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities

Go down

Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities Empty Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities

Post by CSE.SAS on Fri Feb 19, 2016 10:49 pm

Click the below link to download the Report of Sunshine Holdings PLC - (SUN) - Q3 FY 16 - BUY --- Bartleet Religare Securities

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

Strong upside continues despite subpar growth: BUY

SUN recorded a recurring net profit ~5% higher YoY to LKR 391mn in Q3 FY 16 with an EPS of LKR 1.30 (BRS estimate – LKR 1.51). Agri segment continued to be the biggest contributor to bottom line with a contribution of ~45%. Profit margins in this segment improved to 16% from 13% YoY as improved quality in tea assisted the company to attract a higher price at the Colombo auction. Weakening of LKR affected the margins in healthcare segment. FMCG segment too saw EBIT margins contracting from 18.6% to 13.6% as raw material prices rose during Q3 FY 16. Group top line improved 5.3% YoY to LKR 4.2bn, with Healthcare being the highest contributor at 43%. We expect Healthcare and FMCG segments to continue to drive group’s performance going forward despite a contraction in margins in the short run. Based on a free cash flow valuation we have arrived at a target price of LKR 64 allowing an upside of 23% on CMP. We recommend BUY.

CSE.SAS

Posts : 263
Join date : 2014-02-23

Back to top Go down

Back to top


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