Weekly 25

June 2013
2011
7th21st
October
38
Volume
Volume 25
Sri Lanka Focus
21st June 2013
ASIA RESEARCH TEAM 1
Focus
Colombo Stock Exchange
Weekly Review by Asia Wealth Management Research
IN THIS ISSUE;
ASI Daily Closing

(ASI)
Colombo Bourse ends in red as economic growth

slows...
4000
Focu
Focu
6450
Colombo Stock Exch
7th October 2011
The ASI shed 64.1 points WoW to close at 6,155.3

points (-1.0%), whilst the S&P SL20 Index lost 37.8 points WoW
to close at 3,466.6 points (-1.1%).
Pg 02
Volume 38
(LKR mn)
6500
3500
6400
3000
6350
6300
2500
6250
2000
6200
1500
6150
Colombo Bourse Billion Ruppee Club
1000
6100
Table below shows the members who have

qualified to be a part of Asia Wealth Researchs Billion Rupee
Club.
500
6050
6000
4-Jun5-Jun6-Jun7-Jun 10- 11- 12- 13- 14- 17- 18- 19- 20- 21Jun Jun Jun Jun Jun Jun Jun Jun Jun Jun
Pg 03
Analysis of Various Warrants Listed on CSE
Turnover ( RHS)
Weekly overview of commodity trading
Pg 04
Commodity Prices
Pg 05
Market Statistics
Volume 38
7 October 2011
th
Major Price Movements

Commercial Leasing & Finance
Aitken Spence
Asian Hotels & Properties

John Keells Holdings
Lanka Tiles
Ceylon Cold Stores
Carsons Cumberbatch
2011
38
Nestle Lanka
Ceylon Tobacco
14-June
% Chg.
3,466.57
13,259.86
19,164.98
2,011.13
3,437.54
160.97
3,063.76
2,363.90
18.47
4,986.50
38.96
997.30
86.40
3,441.30
3,269.50
3,504.35
13,603.63
18,940.68
2,033.02
3,500.47
164.91
3,108.66
2,388.50
18.89
3,200.00
25.30
640.00
132.90
1,112.20
683.20
-1.1
-2.5
1.2
-1.1
-1.8
-2.4
-1.4
-1.0
-2.2
55.8
54.0
55.8
-35.0
209.4
378.6
Colombo Stock Exch
The market witnessed a lackluster performance

during the week with activities being largely driven by
institutional and foreign investors, via crossings whilst retail
participation remained relatively subdued.
Pg 07
Sri Lanka Telecom
21-June
6,155.27
6,219.39
W eekly R eview
by Asia
Wealth -1.0
Mana
All Share Index

S&P SL20 Index
Banking & Finance
Food & Beverage
Diversified
Hotels & Travels
Telecommunication
Manufacturing
Market Capitalisation (LKR bn)
(USD bn)
Turnover (LKR mn)
(USD mn)
Average Daily Turnover (LKR mn)
Volume (mn shares)
Foreign Purchases (LKR mn)
Foreign Sales(LKR mn)
Block transactions dominate the bourse amidst

subdued retail participation
Company
ASI closing ( LHS)
Large Trades
Manag
CompanyWeekly Review by Asia WealthVolume
Price
+/-LKR
+/- %
40.4
-1.6
-3.8
4.0
-0.4
-9.1
Pc House
8,817,852.0
133.5
-5.5
-4.0
Commercial Bank Of Ceylon
4,168,605.0
-5.4
Nanda Investments And Finance
3,416,329.0
Expolanka Holdings
3,415,535.0
Seylan Merchant Bank (Non Voting)
3,166,005.0
1.8
Peoples Leasing Company
2,559,446.0
2,208,792.0
70.0
-4.0
265.0
-2.0
-0.7
76.0
4.8
6.7
160.1
2.9
10,895,328.0
Colombo Stoc
445.0
5.1
1.2
Nation Lanka Finance
1990.0
70.0
3.6
Blue Diamonds (Non Voting)
2,007,670.0
2.5
Vallibel One
1,704,742.0
1004.1
24.3
Sri Lanka Focus
21st June 2013
Features
Colombo Bourse ends in red as economic growth slows...
The ASI shed 64.1 points WoW to close at 6,155.3 points (-1.0%), whilst the S&P SL20 Index lost 37.8 points WoW to close
at 3,466.6 points (-1.1%). Indices dipped mainly on the back of losses made by Sri Lanka Telecom (-3.8% WoW),
Commercial Leasing and Finance (-9.1% WoW), Aitken Spence (-3.9% WoW), Asian Hotels & Properties (-5.4% WoW)
and John Keels Holdings (-0.8% WoW).
Market volatility appears to be evenly spread affecting both blue chip and small cap counters. However, the steeper
fluctuation of the ASI relative to the S&P SL20 during the middle of the week indicates that the contribution of mid and
small cap counters to market volatility was relatively higher during the week. This is also on account of the fact that retail
investors are more sensitive to short term market-moving data as opposed to high net worths whose investment motives
are essentially long to medium term. In this connection, slow down in credit growth to private sector during the year
coupled with the moderation of YoY growth in market earnings in 1Q2013 is likely to have affected the level of sentiment
at the Colombo Bourse, rather than monetary policy measures in the U.S. as been suggested. This is reflected by
government securities market recording a WoW net foreign inflow as at 12 June 2013 indicating that the effect of higher
yields in U.S government securities in the face of Feds QE measures has had no negative effect on local debt markets. In
this light the LKR lost ground mainly on the back of circa USD 1.9 billion worth of foreign loans of the banking sector
maturing between the months of May-July. The total maturing foreign loans is as much as 50% of the total Treasury
securities held by foreign investors.
On the other hand, market interest rates are expected to dip on account of the moderation in private sector credit
growth coupled with the effect of policy rate cut in May which is gradually transmitting to market rates. Hence, equity
market conditions may improve once AWLR of the banking sector starts to fall due to the drop in private sector credit
demand and lowered policy rates.
Turning to global markets, the U.S Feds move to reduce bond purchases coupled with slowdown in economic activity in
China kept majority of the key markets in Asia, Europe and U.S firmly in red during the week. However, the Feds move is
likely to be temporary as U.S unemployment level is still relatively high at 7.6%. Further, the fact that U.S output growth is
expected to slow down to 1.9% in 2013E on account of the government spending cuts (source: IMF), the Feds move to
ease QE measures could be temporary. The increasing treasury yields would have prompted the reduction in QE given
that U.S governments debt financing costs are at stake in the face of a sharp increase in treasury yields as U.S debt to
GDP ratio stands over 72% in 2012. Hence, the move to slow down QE measures would have been most likely due to the
need to bring down primary market treasury yields if a significant volume of government securities are scheduled to be
announced soon. Hence, the Fed is most likely to restart the QE programme once large scale Treasury auctions are
completed. However, in hindsight it should be noted that unevenness in the pace of Feds QE tends to create short term
boom and gloom conditions in key markets.
Commenting on the Colombo Bourse weekly turnover level was mainly assisted by foreign and local institutional interest
witnessed in conglomerate John Keells Holdings which added a massive 57.9% to the weekly turnover. In addition,
institutional interest was also evident in Commercial Bank and Distilleries Company which together contributed circa
14.5% to the weekly turnover. Furthermore, large scale crossings were witnessed in counters such as Ceylon Tobacco
Company and Carsons Cumberbatch. In light of these activities bourse recorded an average turnover of LKR 997.3 mn
during the week whilst the average volume was 17.3 mn. Foreign purchases during the week increased 209.4% WoW to
LKR 3.4 billion, whilst foreign sales increased 378.6% WoW to LKR 3.3 billion recording a net foreign inflow of LKR 171.9
million.Market capitalisation stood at LKR 2,363.9bn, and the YTD performance is 9.08%.
Sri Lanka Focus
21st June 2013
Colombo Bourses Billion Rupee Club

Table below shows the members who have qualified to be a part of Asia Wealth Researchs Billion Rupee
Club. The eligibility criteria lie with their earnings reaching LKR1 bn mark. The list will be refreshed on a
quarterly basis identifying the new qualifying members whilst eliminating the disqualifying.
Company
Price
Trailing
ROE
BVPS
Net Profit
Trailing
EPS
Trailing
PBV
PE
Mkt Cap Mn
JOHN KEELLS HOLDINGS
265.00
14%
104.79
12,201.08
14.23
18.63
2.53
227,282.66
COMMERCIAL BANK [V]
115.30
18%
62.41
9,462.15
11.15
10.34
1.85
91,556.39
96.10
18%
62.41
9,462.15
11.15
8.62
1.54
5,241.60
168.00
38%
139.62
8,624.13
52.52
3.20
1.20
27,585.92
COMMERCIAL BANK [NV]

NDB
8.70
22%
4.76
8,536.41
1.05
8.30
1.83
70,850.87
1,004.10
223%
19.54
8,152.00
43.52
23.07
51.39
188,091.78
HNB [V]
162.00
15%
128.28
7,814.90
19.61
8.26
1.26
51,612.54
HNB [NV]
119.00
15%
128.28
7,814.90
19.61
6.07
0.93
9,514.38
DISTILLERIES
191.90
11%
164.60
5,519.70
18.40
10.43
1.17
57,570.00
BUKIT DARAH
701.00
16%
312.21
5,042.37
49.43
14.18
2.25
71,502.00
40.40
9%
31.10
4,960.00
2.75
14.70
1.30
72,916.34
166.66
4,773.44
28.45
7.11
1.21
33,920.47
176.65
4,013.75
20.44
21.77
2.52
87,392.18
0.13
106.14
3,523.25
13.29
10.29
1.29
36,238.85
1,990.00
112%
57.17
3,446.13
64.14
31.02
34.81
106,913.67
AITKEN SPENCE
133.50
12%
69.10
3,266.84
8.05
16.59
1.93
54,200.47
PEOPLES LEASING
CENTRAL FINANCE
14.90
185.00
16%
19%
12.18
153.59
3,045.00
3,041.11
1.93
29.00
7.73
6.38
1.22
1.20
23,539.95
19,403.42
OVERSEAS REALTY
LANKA IOC
18.30
25.20
13%
22%
26.60
24.46
2,954.53
2,908.80
3.50
5.46
5.22
4.61
0.69
1.03
15,435.76
13,419.75
DIALOG TELEKOM
CEYLON TOBACCO
SRI LANKA TELECOM

SAMPATH BANK
202.20
CARSON CUMBERBATCH
445.00
DFCC BANK
136.70
NESTLE LANKA
ASIAN HOTEL & PROPERTIES

CHEVRON LUBRICANTS
ACCESS ENGINEERING LIMITED
TAPROBANE HOLDINGS
SEYLAN BANK [V]
SEYLAN BANK [NV]
UNITED MOTORS
NATIONS TRUST BANK
0.17
12%
70.00
11%
49.00
2,494.30
5.63
12.43
1.43
30,994.27
290.00
53%
37.80
2,396.43
19.97
14.52
7.67
34,800.00
20.10
4.80
67.00
19%
77%
11%
12.47
3.99
57.32
2,382.23
2,258.36
2,165.54
2.38
3.08
6.28
8.44
1.56
10.67
1.61
1.20
1.17
20,100.00
3,518.16
11,790.49
5,998.90
35.50
11%
57.32
2,165.54
6.28
5.65
0.62
121.00
27%
109.57
2,012.90
29.92
4.04
1.10
8,139.32
62.00
20%
43.85
2,011.46
8.72
7.11
1.41
14,297.65
CEYLON GUARDIAN
185.00
179.14
2,002.40
24.39
7.58
1.03
15,187.89
COLOMBO DOCKYARD
225.00
0.14
19%
141.55
1,983.37
27.60
8.15
1.59
16,168.26
CEYLINCO INSURANCE [V]
980.00
14%
537.64
1,960.30
74.21
13.21
1.82
19,600.00
CEYLINCO INSURANCE [NV]
369.90
14%
537.64
1,960.30
74.21
4.98
0.69
2,372.72
CEYLON COLD STORES
160.10
21%
96.54
1,915.72
20.16
7.94
1.66
15,215.90
7.10
24%
4.06
1,902.72
0.97
7.31
1.75
13,902.42
60.00
9%
42.01
1,862.55
3.92
15.31
1.43
28,512.00
308.00
8%
299.45
1,855.02
24.73
12.45
1.03
23,100.00
AIT. SPENCE HOTEL HOLD.
75.00
14%
38.44
1,782.02
5.30
14.15
1.95
25,221.75
ASIRI SURGICAL
10.40
51%
6.51
1,738.38
3.29
3.16
1.60
5,495.96
LB FINANCE
128.00
32%
76.94
1,702.67
24.58
5.21
1.66
8,864.91
ROYAL CERAMICS
105.80
20%
75.83
1,670.39
15.08
7.02
1.40
11,721.52
RICHARD PIERIS
LOLC
HAYLEYS
35.20
14%
23.59
1,657.66
3.22
10.94
1.49
18,138.23
CEYLON TEA SERVICES
644.00
18%
395.67
1,435.05
71.75
8.98
1.63
12,880.00
DIPPED PRODUCTS
126.00
21%
114.34
1,417.89
23.69
5.32
1.10
7,542.55
28.58
1,403.46
1.29
14.25
0.64
19,992.69
HEMAS HOLDINGS
VALLIBEL ONE LIMITED
18.40
0.05
89.90
14%
88.68
1,258.76
12.78
7.04
1.01
8,856.49
144.00
13.20
4.00
78.00
9%
7%
14%
18%
72.20
11.19
1.23
30.27
1,149.70
1,121.02
1,068.23
1,065.72
6.28
0.77
0.17
5.33
22.93
17.15
23.88
14.64
1.99
1.18
3.26
2.58
26,366.00
19,221.14
25,510.84
15,600.00
LAUGFS GAS
26.50
16%
16.76
1,060.82
2.74
9.67
1.58
8,877.50
LAUGFS GAS [NV]
19.90
16%
16.76
1,060.82
2.74
7.26
1.19
1,034.80
6.80
12%
4.65
1,060.66
0.54
12.53
1.46
13,293.42
385.60
18%
73.88
1,045.91
13.07
29.49
5.22
30,848.00
12.00
18%
8.75
1,016.57
1.55
7.73
1.37
7,860.03
CEYLON INVESTMENT
CEYLON THEATRES
JOHN KEELLS HOTELS
COMMERCIAL LEASING & FINANCE
TRANS ASIA
EXPOLANKA HOLDINGS
LION BREWERY
TEXTURED JERSEY
Sri Lanka Focus
21st June 2013
Features
Analysis of Various Warrants Listed on the CSE
The below table depicts a comparison of the warrants trading price with its intrinsic value (derived through the Black
Scholes Call option valuation method). The 6th column to the right depicts the difference between the intrinsic value
and the traded price. Hence, the positive figures would explain the potential for the respective warrant to further
appreciate. (Price to be constant). However, it is noted that the intrinsic value is derived based on the current value
of the underlying stock price, its volatility, period to maturity and the risk free rate. Hence, any adverse movement of
the mentioned assumptions would have an adverse impact on the warrant value, and any favourable movement
would positively impact the warrant value (E.g.: if in case the asset price appreciates from the existing, it would
invariably increase the value of the warrant.Thus, the negative value would denote that the warrant is overvalued at
the current price (assuming the underlying stock.)
Warrants Valuation
Exercise
price
CLPL-W-0013
CLPL-W-0014
GREG-W-0003
GREG-W-0006
REEF-W-0019
118.00
142.00
36.00
39.00
40.00
Share Price
Expiry Date
(2013/06/21)
73.30
73.30
14.90
14.90
21.80
25-Aug-14
25-Aug-15
24-Feb-14
24-Feb-15
15-Jun-15
Price According to Black

Warrant Price
Scholes model (Intrinsic
(2013/06/21)
value)
3.10
0.00
2.80
0.00
1.10
0.00
2.10
0.00
2.60
0.00
Undervalued/
(Overvalued)
(3.10)
(2.80)
(1.10)
(2.10)
(2.60)
Sri Lanka Focus
21st June 2013
Commodity Prices
Date as at
31.05.13
07.06.13
14.06.13
21.06.13
102.2
103.6
104.3
102.6
-1.6%
Gold (USD/ounce)
1,418.9
1,412.9
1,380.7
1,290.1
-6.6%
Copper LME (USD/ton)
7,286.8
7,378.0
7,057.0
6,738.5
-4.5%
30.05.13
05.06.13
12.06.13
20.06.13
452.57
441.56
444.83
443.55
30.05.13
06.06.13
13.06.13
20.06.13
385.0
368.0
365.0
365.0
31.05.13
07.06.13
14.06.13
21.06.13
USD
126.50
126.37
128.60
128.45
WoW %
change
-0.1%
EURO
165.01
167.57
171.35
169.95
-0.8%
STG (GBP)
192.61
197.14
201.30
199.28
-1.0%
1.25
1.31
1.35
1.32
-2.2%
20.64
20.60
20.98
20.95
-0.1%
Brent Crude Oil (USD/barrel)
WoW %
change
METALS
AGRI
Date as at
Tea LKR/Kg
Date as at
Rubber (RSS 1) LKR /Kg
Exchange Rates (LKR)
YEN
YUAN (CNY)
WoW %
change
-0.3%
WoW %
change
Source: Bloomberg, AFP, Reuters, CBSL, RDDSL, Asia Siyaka
OIL
Relatively low levels of activity were witnessed in the crude oil market, where the prices recorded a -1.6% WoW
decrease. This was in anticipation of the announcement by the Federal Reserve on Thursday where the Fed Chairman
expressed confidence in the current status of the U.S economy and outlined a definite timetable for the curtailment
of its QE bond purchasing program which has been set to expire in 2014. Economists polled in a Bloomberg survey
expect the Federal Reserve to cut its bond purchases which currently amounts to USD85 bn per month to USD20 bn
per month by September. Subsequent to this oil prices rebounded on Thursdays & Fridays trading though low
activity persisted in crude oil futures market. Crude oil futures prices for August delivery traded on London-ICE was
only in slight backwardation at USD102.45.
Sri Lanka Focus
21st June 2013
Commodity Prices
Gold
In contrast, gold prices reacted significantly to the Federal Reserves announcement with prices of the yellow metal
falling to its lowest level recorded since September 2010. This coincided with the relative value of gold in comparison
to U.S securities as measured by the gold to equities ratio hitting a 4 year low which has prompted many institutional
investors to decrease its asset allocation to commodities. The Copper futures clearing house CME group raised
margin requirements for gold futures trading as put options on gold witnessed over a 10 fold increase over the week.
Further, gold futures for August delivery traded on the COMEX witnessed a 1.4% WoW dip and remained in
backwardation at USD1,268.70/ounce
Copper
Copper prices declined for the 2nd consecutive week and reached a seven week low. This was on the back of data
from China which indicated a fall in its purchasing managers index to a nine-month low during the month of June.
China has also admitted that it had misrepresented trade data with Hong Kong which raises analyst fears that Chinas
2Q2013 GDP growth could be lower than expected. As a result of this 3-month copper futures traded on the LME
declined by 2% WoW.
USD
The greenback strengthened against 16 major peers reassured by comments made by the Fed Chairman with respect
to the U.S economy, which saw U.S treasury yields trend upwards. In contrast the Euro weakened against a basket of
peers as 1Q2013 economic data indicated that the current account deficit climbed to a record high in March.
Source: Bloomberg, AFP, Reuters, Eurostat
Sri Lanka Focus
21st June 2013
Conclusion
Block transactions dominate the bourse amidst subdued retail participation
The market witnessed a lackluster performance during the week with activities being largely driven by institutional
and foreign investors, via crossings whilst retail participation remained relatively subdued. The continuous dip in
the market over the past few weeks could be partly attributable to investors shifting towards the listed debt
instruments which yield relatively attractive tax free returns. Blue chip counters such as John Keells Holdings,
Commercial Bank, Distilleries and Ceylon Tobacco Company dominated the weeks turnover on the back of
crossing trades executed on those counters amidst price dips witnessed in majority of the large cap counters. A
notable trade of over 10mn shares on John Keells Holdings was witnessed between foreign parties on Thursday
which pushed the days turnover to be over LKR3bn, whilst institutional interest too continued to be sustained on
the counter. Moreover, the rupee has been depreciating over the week which could be partly explained by a surge
in the gold imports (USD 100mn so far for 2013 compared to USD 150mn during 2012), whilst the foreign loans of
the banking sector that are maturing during this month also would have created pressure on the rupee to fall.
Meanwhile, the data released by the Department of Census and Statistics showed that the economic growth of the
country for 1Q2013 slowed down to 6% YoY from 8% YoY in 1Q2012. While this growth can be largely attributed to
the investments made in the construction sector which expanded 18.2% YoY, the slowed down in the Agriculture
sector which grew merely by 2% YoY as opposed to 12% YoY last year primarily contracted the growth rate. Service
sector grew at 4.3% YoY down from 5.8% YoY and the Industrial sector grew at 10.7% YoY, remaining virtually flat
from a 10.8% YoY growth witnessed during 1Q2012. Further, the export earnings for the period dipped 1.9% YoY,
however the imports fell at a faster pace of 10.5% YoY. However, we expect the growth to recover from 2H2013
subsequent to the easing of monetary policy by the CB in May 2013. Moving in tandem corporate earnings are
likely to witness an improvement, however the sharp increase in energy costs in April 2013 is likely to dampen the
performance of energy intensive companies which are unable to pass on the cost increase to the end customers in
the short term.
Sri Lanka Focus
21st June 2013
Focus on Investment
Key Buys
Manufacturing
X LKR 20.90
35
LKR
Tokyo Cement
N LKR 25.30
Charts Sourced from Asia Wealth Research
30
25
20
15
10
5
TKYO
0
6/22/2012
25
8/7/2012
9 / 1 9 / 2 0 1 2 1 1 / 1 / 2 0 1 21 2 / 1 7 / 2 0 1 2 2 / 5 / 2 0 1 3
3/20/2013
5/8/2013
LKR
TKYO, being the joint market leader in the cement industry, has its grinding
facility located in Trincomalee, ideally located for the rebuilding boom. TKYO, a
direct beneficiary of construction sector upturn, is in a strong position to take
advantage of increasing demand in current excess capacity. TKYO completed a
10 MW bio mass power plant which provides them significant cost advantage
together with additional boost to top line.
20
15
10
5
TKYOX
0
18
Banking & Finance
16
3/20/2013
5/ 8/ 2013
14
Largest specialized leasing company in Sri Lanka is a subsidiary of Peoples Bankthe 2nd largest commercial bank inthe country, a holding.Principal business
activity of PLC is the provision of finance leasing, operating leasing, HP facilities
etc...During 2012 most of the finance companies enjoyed much demand for
loans, due to credit ceiling imposed on LCBs. However the ceiling was lifted
from the beginning of 2013, yet we believe that the prjected decline in interest
rates would create more avenues for RFCs. PLC achieving the finance company
licenses, have opened opportunities to collect public deposits and minimise cost
of funds, where the company was earlier depending on more borrowings. Going
by these, we believe PLC is a medium to long term healthy investment to
consider.
Sampath Bank
N LKR 202.20
9 / 1 9 / 2 0 1 2 1 1 / 1 / 2 0 1 2 12/ 17/ 2012 2/ 5/ 2013
Banking& Finance
12
10
8
6
4
2
0
6/22/2012 8/7/2012 9/19/2012 11/1/2012 12/17/2012 2/5/2013 3/20/2013 5/8/2013
PLC
300
LKR
Peopless Leasing & Finance

N LKR 14.90
8/ 7/ 2012
LKR
6/ 22/ 2012
250

N LKR 265.00
Diversified
200
150
100
50
SAMP
0
6/22/2012 8/7/2012 9/19/2012 11/1/2012 12/17/2012 2/5/2013 3/20/2013 5/8/2013
350
300
LKR
The bank expects a moderate pace on branch expansions for 2013 as it has
achieved sufficient coverage while aggressively developing and promoting
electronic banking channels. As the pioneer in blending IT with banking, the
company will revamp its existing products and innovate new customer focus
products. The bank is well poised to take advantage of the current economic
developments taking place in the country. The credit ceiling that existed during
2012, limited the growth of LCBs, including Sampath bank. However, the
removal of the ceiling from 2013, and the anticipated drop in interest rates
coupled with SAMPs strong capital adequacies, would enable the bank to enter
another growth phase in its performance. Therefore considering these factors
we rate SAMP as a mid to longer term investment.
250
The sustained performance of the group during FY13 inspite of its high
exposure to macro economic shocks is a testament to the firms commitment
towards value creation whilst maintaining a healthy balance sheet.Going
forward, with the growth in GDP, per capita income and the increase in tourist
arrivals we anticipate the consumer retail and the leisure sector to perform
admirably.
200
150
100
50
JKH
0
6/22/2012
8/7/2012
9/19/2012 11/1/2012 12/17/2012 2/5/2013
3/20/2013
5/8/2013
Sri Lanka Focus
21st June 2013
Focus on Investment
CIC is considered as the only seed to shelf agricultural company in Sri

Lanka.The Company also has foot prints in consumer and pharmecuitical
industries, Paints, Industrial raw material and Packaging. Acquisition of dairy
farms in north & east region coupled with CICs plans to expand overseas will
strengthens companys earnings in the medium to long term.
80
60
40
20
CIC
0
6/22/2012 8/7/2012
80
9/19/2012 11/1/201212/17/2012 2/5/2013
3/20/2013 5/8/2013
LKR
Chemicals & Pharmaceuticals

X LKR 48.50
LKR
100
CIC Holdings
N LKR 65.50
70
60
50
40
30
20
10
CICX
0
6/ 22/ 2012 8/7/2012
Commercial Bank is the largest private sector commercial bank with an asset
base of LKR512.2 bn as at Dec 2012, and operates with above 550 ATM points,
which is also the largest single network in the country. With the expected drop in
interest rates in the economy consequent to the cut in policy rates and lifting of
the credit ceiling that prevailed during 2012, coupled with the strong capital
adequacies; the bank is expected to continue its growth momentum. Therefore
considering these factors we rate COMB as a mid to longer term investment.
140
120
100
80
60
40
20
0
LKR
Banking & Finance

X LKR 96.10
3/20/2013 5/8/2013
COMB
120
LKR
Commercial Bank
N LKR 115.30
9/19/2012 11/1/201212/ 17/ 2012 2/5/2013
100
80
60
40
20
0
Banking & Finance

X- LKR 119.00
HNB is the second largest private commercial bank with a total asset base of
LKR459.4bn as at end 2012, and number one private bank in terms of branches
with a strong network of over 247. HNB which has a relatively larger retail
deposit base is projected to enjoy higher interest spreads and would also benefit
from the growth in SME lending. With, the expected drop in interest rates in the
economy consequent to the cut policy rates and lifting the credit ceiling that
prevailed during 2012, coupled with the strong capital adequacies; the bank is
expected to continue its growth momentum. Therefore considering these
factors we rate HNB as a mid to longer term investment.
200
180
160
140
120
100
80
60
40
20
0
HNB
140
120
LKR
Hatton National Bank

N-LKR 162.00
LKR
COMBX
100
80
60
40
20
0
HNBX
LB Finance
N LKR 128.00
.0
Banking & Finance
LB Finance is a leading registered finance company engaged in Leasing and

Hire Purchase business. Company is operating with a total asset base of LKR
54bn as at Mar 2013, and an island wide branch net work of 89. With
satisfactory liquidity levels and capital adequacies, company is poised to take
advantage in any growth in credit demand.The projected decline in interest
rates in the economy and rising demand for credit is to provide many
opportunities for these business models. Further company would stay ahead
of other finance companies consequent to its strong fundamentals, high
interest margins, high ROE etc...Therefore we rate LFIN as a worthwhile
investment with a time span of medium to long term.
180
160
140
120
100
80
60
40
20
0
LKR
LFIN
Sri Lanka Focus
21st June 2013
Focus on Investment
Manufacturing
LKR
Piramal Glass
N LKR 6.60
The company is the sole glass manufacture in Sri Lanka who supplies
glasscontainers to thefood and beverages, cosmetics, perfumery and the
pharmaceutical sectors.
The company at present virtually holds a
monopolistic position in the Local market with an approximately 97% market
share. Further, with their state of the art manufacturing plant in Horana,
coupled with the growing demand derived from the rapid developments
taking place within the Sri Lankan economy, the company is likely to deliver
better returns to its shareholders.
6
5
4
3
2
1
GLAS
Aitken Spence
N LKR 133.50
Diversified
160
140
Aitken Spence, after an illustrious tenure of over 100+ years of operations in

Sri Lanka is today one of the most-recognized brand names in Sri Lanka. Led by
a competent management team, the group has made successful investments
into a number of key sectors of the Sri Lankan economy, including Tourism,
Logistics, power generation and inward money transfer operations. The firm
has consistently recorded a growth in operating profit from core operations
and has maintained a high ROE resulting in value creation to shareholders.
LKR
6/22/2012 8/7/2012 9/19/2012 11/1/2012 12/17/2012 2/5/2013 3/20/2013 5/8/2013
120
100
80
60
40
20
SPEN
0
6/22/2012 8/7/2012
Construction
Access Engineering (AEL) is a total solutions provider in the construction industry

with activities ranging from engineering designs, geotechnical services, piling
and horizontal drilling. The firm is the premiere choice for large & specialized
construction activities such as roads & highways, ports & marine, water & waste
management, whilse its clientele includes government entities such as the Road
Development Authority (RDA), Urban Development Authority (UDA) and Board
of Investments (BOI) as well as private sector firms such as Dialog Axiata, Taisei
Corporation etc.. The firm is well poised to capitalize on the construction boom
taking place in the Island with its proven track record.
25
LKR
Access Engineering
N LKR 20.10
9/19/2012 11/1/2012 12/17/2012 2/5/2013 3/20/2013 5/8/2013
20
15
10
5
AEL
0
6/22/2012
8/7/2012
9/19/2012
11/1/2012 12/17/2012
2/5/2013
3/20/2013
5/8/2013
Sri Lanka Focus
21st June 2013
Stock Exchange Announcements

As at 21st June 2013
Rights issues
Company
Proportion / Issue Price
Pelwatte Sugar
01 for 04 @ LKR18.00
Last Date Of
Acceptance &
Payment
XR date
* Rights issue would be delayed until the outcome of the

proposed Act with regard to acquisition of its land by the
State is known.
Dividends announcements
Company
Trading of rights
Commences on
Final/ Interim
Piramal Glass
Dividend Per
share (LKR)
0.38
XD Date
Payment Date
First & Final
16-07-2013
25-07-2013
The Lighthouse hotel
2.00
Final
01-07-2013
09-07-2013
DFCC Bank
5.00
First & Final
01-07-2013
09-07-2013
Aitken Spence
1.50
First & Final
28-06-2013
08-07-2013
Aitken Spence Hotel Holdings
1.00
First & Final
28-06-2013
08-07-2013
Hunas Falls Hotel
1.00
First & Final
25-06-2013
02-07-2013
Haycarb
3.00
Final
27-06-2013
04-07-2013
Balangoda Plantation
1.00
First & Final
27-06-2013
04-07-2013
Dipped Products
3.00
Final
28-06-2013
08-07-2013
Malwatte Valley Plantation
0.075
First & Final
19-06-2013
27-06-2013
Pegasus Hotels of Ceylon
0.50
First & Final
18-06-2013
26-06-2013
Equity One
0.11
First & Final
20-06-2013
28-06-2013
Citizen Development Business
2.75
28-06-2013
08-07-2013
LB Finance
6.50
First and Final

(Voting Non-Voting)
First and Final
01-07-2013
09-07-2013
E B Creasy & Co
10.00
First and Final
01-07-2013
09-07-2013
Central Finance
1.20
Final
23-07-2013
31-07-2013
Sri Lanka Focus
21st June 2013
Stock Exchange Announcements

Company
Final/ Interim
Hayleys
Dividend Per
share (LKR)
4.50
First & Final
01-07-2013
08-07-2013
Kotagala Plantations
2.50
First & Final
27-06-2013
05-07-2013
Hemas Holdings
0.45
Final
01-07-2013
09-07-2013
United Motors Lanka
4.00
Final
08-07-2013
15-07-2013
CIC Holdings
1.00
Final (Voting Non-Voting)
02-07-2013
10-07-2013
Chemanex
0.50
Final
02-07-2013
10-07-2013
Watawala Planation
0.25
Final
10-07-2013
18-07-2013
Dankotuwa Porcelain
0.40
Final
24-07-2013
31.-07-2013
Ceylon Tea Services
10.0
Final
CW Mackie
3.00
First & Final
28-06-2013
08-07-2013
Sunshine Holdings
0.50
Final
25-07-2013
02-08-2013
Horana Plantation
2.00
Interim
17-06-2013
26-06-2013
Vallibel Finance
1.50
Interim
25-06-2013
04-07-2013
Sathosa Motors
5.00
Final
24-06-2013
28-06-2013
Ceylon Guardian
Investment
Ceylon Investment
First & Final
31-07-2013
08-08-2013
First & Final
31-07-2013
08-08-2013
Carson Cumberbatch
First & Final
01-08-2013
12-08-2013
26-06-2013
03-07-2013
AMW Capital Leasing &

Finance PLC
Central Industries
0.55
Final
3.00
Final
Peoples Leasing & Finance
0.50
Final
Sigiriya Village
2.00
First & Final
Colonial Motors
3.00
First & Final
XD Date
Payment Date
To be notified
To be notified
Sri Lanka Focus
21st June 2013
ASIA RESEARCH TEAM
13
Valuation Guide
Company
YE
SH(mn)
M.CAP(Bn) Price
Earnings(LKR Mn)
FY10
FY11
162.00
119.00
115.30
96.10
202.20
168.00
4,786.8
4,786.8
5,508.0
5,508.0
3,484.5
2,102.6
6,148.8 8,111.0 10,003.5

6,148.8 8,111.0 10,003.5
8,094.7 10,079.8 10,791.3
8,094.7 10,079.8 10,791.3
4,150.6 5,342.6 5,759.8
2,705.5 8,853.8 3,997.5
857.67
406.00
227.3 265.00
54.2 133.50
5,201.5
2,059.6
Mar
Dec
300.00
187.32
57.6 191.90
188.1 1004.10
TOURISM
Asian Hotels & Properties Mar
Aitken Spence Hotel
Mar
442.78
336.29
31.0
25.2
MANUFACTURING
Chevron Lubricants
Tokyo (V)
Tokyo (NV)
Piramal Glass
Dec
Mar
Mar
Mar
120.00
202.50
101.25
950.09
CHEMICAL &
PHARMACEUTICAL
CIC Holdings (V)
CIC Holdings (NV)
Mar
Mar
72.90
21.87
94.77
FINANCIAL SERVICES
HNB
HNB(NV)
Commercial Bank
Commercial Bank(NV)
Sampath Bank
NDB Bank
Dec
Dec
Dec
Dec
Dec
Dec
318.60
79.95
794.07
54.54
167.76
164.20
CONGLOMERATES
John Keells Hold.
Aitken Spence Hold.
Mar
Mar
FOOD & BEVERAGE

Distilleries
Ceylon Tobacco
PLANTATIONS
Kegalle Plantations
Mar
Namunukula Plantations Mar
Kotagala Plantations
Mar
POWER & ENERGY
Laugfs Gas (Voting)
Laugfs Gas (Non voting)
Mar
Mar
25.00
23.75
40.00
335.00
52.00
51.6
9.5
91.6
5.2
33.9
27.6
FY12
EPS
FY13
FY14YE
FY10
FY11
FY12
PE
FY13
FY14YE
FY10
FY11
FY12
FY13
FY14E
DPS
DY
ROE
BVPS
PBV
11,625.6
11,625.6
12,960.3
12,960.3
7,026.0
4,973.1
12.0
12.0
6.5
6.5
20.8
12.8
15.4
15.4
9.5
9.5
24.7
16.5
20.4
20.4
11.9
11.9
31.8
53.9
25.1
25.1
12.7
12.7
34.3
24.3
29.2
29.2
15.3
15.3
41.9
30.3
13.5
9.9
17.8
14.8
9.7
13.1
10.5
7.7
12.1
10.1
8.2
10.2
8.0
5.8
9.7
8.1
6.3
3.1
6.5
4.7
9.1
7.6
5.9
6.9
5.6
4.1
7.5
6.3
4.8
5.5
8.50
8.50
6.50
6.50
6.00
15.00
5.2%
7.1%
5.6%
6.8%
3.0%
8.9%
16%
16%
19%
19%
20%
36%
129.5
129.5
62.4
62.4
162.2
151.5
1.3
0.9
1.8
1.5
1.2
1.1
8,245.6
2,536.0
9,775.0 12,201.1 12,425.0

3,709.2 3,266.8 5,089.4
6.1
5.1
9.6
6.2
11.4
9.1
14.2
8.0
14.5
12.5
43.7
26.3
27.6
21.4
23.3
14.6
18.6
16.6
18.3
10.6
3.50
1.50
1.3%
1.1%
14%
12%
104.7
69.1
2.5
1.9
2,135.7
5,097.1
8,124.0
6,568.8
5,675.4
8,176.7
5,519.7
8,097.4
8,918.3
8,083.5
7.1
27.2
27.1
35.1
18.9
43.7
18.4
43.2
29.7
43.2
27.0
36.9
7.1
28.6
10.1
23.0
10.4
23.2
6.5
23.3
45
0.0%
4.5%
11%
239%
164.6
18.2
1.2
55.1
70.00
75.00
629.8
523.8
1,774.5
1,034.1
2,150.6
1,395.3
2,494.3
1,782.1
2,617.7
1,747.0
1.4
1.6
4.0
3.1
4.9
4.1
5.6
5.3
5.9
5.2
52.7
48.2
18.7
24.4
14.4
18.1
12.4
14.2
11.8
14.4
4.00
1.00
5.7%
0.0%
11%
14%
49.0
38.4
1.4
2.0
34.8 290.00
5.1 25.30
2.1 20.90
6.3
6.60
1,501.3
369.3
369.3
(61.1)
2,000.6
855.7
855.7
578.7
2,257.3
973.2
973.2
686.4
2,583.5
827.9
827.9
724.4
2,678.2
1,505.0
1,505.0
948.2
12.5
1.2
1.2
(0.1)
16.7
2.8
2.8
0.6
18.8
3.2
3.2
0.7
21.5
2.7
2.7
0.9
22.3
5.0
5.0
1.0
23.2
20.8
17.2
N/A
17.4
9.0
7.4
10.8
15.4
7.9
6.5
9.1
13.5
9.3
7.7
7.0
13.0
5.1
4.2
6.6
11.00
0.38
3.8%
0.0%
0.0%
5.8%
55%
12%
12%
20%
34.4
22.1
22.1
3.8
8.4
1.1
0.9
1.7
65.50
48.50
589.6
589.6
926.6
926.6
916.5
916.5
230.9
230.9
1,405.2
1,405.2
6.2
6.2
9.8
9.8
9.7
9.7
.
2.4
2.4
14.8
14.8
10.5
7.8
6.7
5.0
6.8
5.0
26.9
19.9
4.4
3.3
1.63
1.63
2.5%
3.4%
3%
3%
81.9
81.9
0.8
0.6
2.8 110.10
1.9 78.00
2.1 53.50
376.1
146.7
323.2
837.7
409.3
667.8
681.5
374.6
438.6
542.5
409.2
516.7
892.1
454.4
620.9
15.0
6.2
8.1
33.5
17.2
16.7
27.3
15.8
11.0
21.7
17.2
12.9
35.7
19.1
15.5
7.3
12.6
6.6
3.3
4.5
3.2
4.0
4.9
4.9
5.1
4.5
4.1
3.1
4.1
3.4
2.50
0.0%
0.0%
4.7%
16%
21%
15%
134.0
84.0
85.6
0.8
0.9
0.6
8.9
1.0
243.1
243.1
852.7
852.7
930.3
930.3
1,060.8
1,060.8
1,185.1
1,185.1
0.6
0.6
2.2
2.2
2.4
2.4
2.7
2.7
3.1
3.1
42.2
31.7
12.0
9.0
11.0
8.3
9.7
7.3
8.7
6.5
1.50
1.50
5.7%
7.5%
16%
16%
19.4
17.5
1.4
1.1
4,775.0
1,060.7
26.50
19.90
*Companies with their financial year ending in December would carry forecasted figure for FY13.
Sri Lanka Focus
21st June 2013
Broad Market
Guide
Company
MARKET
FINANCIAL SERVICES
Banking
COMMERCIAL BANK [V]
COMMERCIAL BANK [NV]
DFCC BANK
HNB [V]
HNB [NV]
NATIONS TRUST BANK
NDB
PAN ASIA BANK
SAMPATH BANK
SEYLAN BANK [V]
SEYLAN BANK [NV]
HDFC
UNION BANK
Finance Co.s & / Merchant Banks
ASIA CAPITAL
ALLIANCE FINANCE
ARPICO FINANCE
CENTRAL FINANCE
NATION LANKA
LOLC
LB FINANCE
MERCHANT BANK
PEOPLE'S MERCHANT
SMB LEASING PLC [V]
SMB LEASING PLC [NV]
THE FINANCE
THE FINANCE[NV]
SOFTLOGIC FINANCE
VALLIBEL FINANCE
SINHAPUTRA
SINGER FINANCE
BIMPUTH LANKA INVESTMENTS
TRADE FINANCE
Year
End
Price
(LKR)
1W(%)
ASIA RESEARCH TEAM
Price Performance
1M(%)
1Q(%)
1Y(%)
(1.03)
(2.53)
(5.14)
(6.75)
6.79
(0.20)
23.34
25.51
Shares
Mn
Trailing
ROE
BVPS
12.80%
14.32%
COMBN
COMBX
DFCCN
HNB N
HNB X
NTB N
NDB N
PABCN
SAMPN
SEYBN
SEYBX
HDFCN
UBC N
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
D
D
M
D
D
D
D
D
D
D
D
D
D
115.30
96.10
136.70
162.00
119.00
62.00
168.00
19.20
202.20
67.00
35.50
40.00
17.90
(1.20)
(0.52)
(2.28)
(1.28)
(0.25)
(4.31)
(4.44)
(3.47)
(4.31)
(2.87)
(3.53)
(3.61)
(4.76)
(6.94)
(4.00)
(7.23)
(5.06)
(5.19)
(8.54)
(6.68)
(7.14)
(10.10)
(8.81)
(6.82)
(13.42)
(9.09)
1.41
(1.23)
4.97
(2.60)
(9.80)
(2.05)
0.55
7.73
(12.93)
(1.08)
(6.08)
(8.05)
11.11
15.30
29.91
24.82
8.03
31.74
28.57
57.72
8.33
30.39
9.37
33.96
(24.81)
30.43
794.07
54.54
265.10
318.60
79.95
230.61
164.20
295.04
167.76
175.98
168.98
64.71
349.25
ACAPN
ALLIN
ARPIN
CFINN
CSF N
LOLCN
LFINN
MBSLN
PMB N
SEMBN
SEMBX
TFC N
TFC X
CRL N
VFINN
SFL N
SFINN
BLI N
TFILN
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
DiriSaviB
MainB
DiriSaviB
MainB
DiriSaviB
DiriSaviB
M
M
M
M
M
M
M
D
M
D
D
M
M
M
M
M
M
M
M
25.00
935.00
100.10
185.00
9.30
60.00
128.00
16.40
14.20
0.80
0.40
12.70
4.40
30.50
32.30
73.10
13.10
18.40
14.00
(3.10)
0.74
(0.89)
(1.44)
(8.82)
(0.83)
(5.04)
(2.38)
(2.74)
(5.22)
(8.33)
(11.59)
(3.54)
(8.73)
(6.43)
(15.98)
(3.45)
(11.03)
1.63
(8.17)
(3.14)
(7.92)
(4.78)
(0.54)
(11.35)
(13.94)
(11.11)
(22.56)
(16.98)
(8.68)
2.19
(6.75)
(11.49)
(30.83)
(5.41)
5.93
15.86
11.84
2.89
2.20
2.75
(6.16)
(3.53)
8.40
33.33
1.60
(8.33)
27.62
8.28
(0.41)
4.80
23.49
16.67
(19.87)
50.81
29.66
43.41
5.68
63.56
11.30
(21.90)
10.94
(27.27)
33.33
(40.38)
(18.52)
(17.12)
0.62
(8.61)
5.65
(12.38)
25.00
110.00
2.43
4.46
104.88
249.91
475.20
69.26
135.00
67.50
1191.77
614.07
57.97
100.00
37.45
41.55
6.30
165.33
26.93
56.80
17.87%
17.87%
12.52%
15.29%
15.29%
19.89%
37.62%
18.73%
17.07%
10.95%
10.95%
1.48%
3.34%
13.68%
na
26.65%
15.95%
18.88%
na
9.33%
31.95%
1.44%
na
7.87%
7.87%
na
na
12.66%
31.21%
8.76%
12.41%
8.95%
19.33%
62.41
62.41
106.14
128.28
128.28
43.85
139.62
13.86
166.66
57.32
57.32
37.54
14.31
7.21
826.66
97.64
153.59
1.85
42.01
76.94
21.50
12.40
0.52
0.52
-34.41
-34.41
32.23
22.56
128.72
11.47
12.81
11.86
Net Profits
4 Qtrs trailing
Mar13
Net Profits (mn)

Dec12
Sep12
190,947.51
62,288.75
39,343.47
9,462.15
9,462.15
3,523.25
7,814.90
7,814.90
2,011.46
8,624.13
765.86
4,773.44
2,165.54
2,165.54
36.00
166.73
16,200.61
(627.32)
535.34
69.49
3,041.11
(173.82)
1,862.55
1,702.67
41.79
(89.27)
74.51
74.51
(1,611.16)
(1,611.16)
152.87
292.52
71.00
235.42
30.86
130.20
52,965.56
12,335.75
7,566.77
2,256.05
2,256.05
1,226.63
1,262.19
1,262.19
501.93
506.89
151.45
1,055.90
509.51
509.51
38.43
57.79
3,363.04
(240.79)
150.45
20.94
703.25
5.64
171.58
466.10
(2.29)
(25.71)
17.77
17.77
(349.08)
(349.08)
64.76
91.26
13.99
57.03
26.70
30.58
58,161.06 48,228.25
22,930.17 13,656.25
15,680.20 7,943.94
2,433.00 2,303.20
2,433.00 2,303.20
795.10
819.13
3,168.72 1,676.38
3,168.72 1,676.38
455.50
566.53
6,797.20
678.77
259.38
195.40
1,313.80 1,044.53
454.56
589.19
454.56
589.19
(7.80)
0.01
10.74
70.79
3,187.29 5,095.89
(101.30) (145.25)
147.63
144.21
20.00
10.38
756.28
796.33
2.03
(81.05)
513.84
605.22
442.40
429.15
6.92
30.48
(27.97)
1.28
19.00
27.83
19.00
27.83
(510.40) (357.76)
(510.40) (357.76)
32.78
55.33
72.60
66.92
15.30
31.19
63.04
61.19
1.23
3.94
27.88
71.12
Jun12
32,257.34
11,514.28
8,152.55
2,469.90
2,469.90
682.38
1,707.60
1,707.60
487.50
641.28
159.63
1,359.21
612.27
612.27
5.36
27.42
2,651.62
(139.98)
110.77
18.18
785.24
(100.43)
656.84
432.96
6.67
(36.87)
9.91
9.91
(393.92)
(393.92)
61.74
59.43
14
Trailing
EPS
Trailing
PE
PBV
Market Cap
(mn)
12.38
10.27
1.59
1.47
2,363,898.40
11.15
11.15
13.29
19.61
19.61
8.72
52.52
2.60
28.45
6.28
6.28
0.56
0.48
10.3
8.6
10.3
8.3
6.1
7.1
3.2
7.4
7.1
10.7
5.7
71.9
37.5
1.8
1.5
1.3
1.3
0.9
1.4
1.2
1.4
1.2
1.2
0.6
1.1
1.3
91,556.39
5,241.60
36,238.85
51,612.54
9,514.38
14,297.65
27,585.92
5,664.79
33,920.47
11,790.49
5,998.90
2,588.42
6,251.58
na
220.31
15.57
29.00
na
3.92
24.58
0.31
na
0.04
0.04
na
na
4.08
7.04
11.28
1.42
1.15
2.29
na
4.2
6.4
6.4
na
15.3
5.2
53.0
na
19.4
9.7
na
na
7.5
4.6
6.5
9.2
16.1
6.1
3.5
1.1
1.0
1.2
5.0
1.4
1.7
0.8
1.1
1.5
0.8
-0.4
-0.1
0.9
1.4
0.6
1.1
1.4
1.2
2,750.00
2,272.05
446.70
19,403.42
2,324.19
28,512.00
8,864.91
2,214.00
958.50
953.41
245.63
736.17
440.00
1,142.35
1,342.08
460.23
2,165.87
495.57
795.21
Sri Lanka Focus
21st June 2013
Broad Market
Guide
Company
CITIZENS DEVELOP. BUS.FINANCE

CITIZENS DEVELOP.BUS.FINANCE [NV]
SENKADAGALA FINANCE
SWARNAMAHAL FINANCE
CHILAW FINANCE LIMITED
COMMERCIAL CREDIT LIMITED
MERCANTILE INVESTMENTS
MULTI FINANCE
LANKA ORIX FINANCE
ABANS FINANCIAL SERVICES
CENTRAL INV & FINPLC
ASSOCIATED MOTOR FINANCE PLC
CAPITAL ALLIANCE FINANCE LIMITED
NANDA INVESTMENTS AND FINANCE
SOFTLOGIC CAPITAL LIMITED
ENTRUST
PEOPLES LEASING
ASIA ASSET FINANCE LIMITED
ORIENT FINANCIAL SERVICE
SANASA DEVELOPMENT BANK
COMMERCIAL LEASING & FINANCE
GEORGE STEUART FINANCE
Insurance
AMANA TAKAFUL INS.
ASIAN ALLIANCE
CEYLINCO INSURANCE [V]
CEYLINCO INSURANCE [NV]
AIA INSURANCE LANKA
HNB ASSURANCE
UNION ASSURANCE
JANASHAKTHI
Venture Capital Co.s
NDB CAPITAL
FIRST CAPITAL
LANKA VENTURES
Price Performance
1W(%)
1M(%)
(3.41)
(1.84)
(2.82)
(11.11)
(25.00)
(2.61)
(8.94)
(0.76)
(4.41)
(1.90)
(24.26)
(6.06)
(11.43)
(1.28)
(5.52)
(5.88)
(33.33)
6.44
(11.50)
(29.20)
2.44
3.70
(9.23)
(3.81)
(11.67)
(1.97)
(4.35)
(12.00)
(4.11)
(12.64)
(6.98)
(13.04)
(13.83)
(16.40)
ASIA RESEARCH TEAM
CDB N
CDB X
SFCLN
SFS N
CFL N
COCRN
MERCN
MFL N
LOFCN
AFSLN
CIFLN
AMF N
CALFN
NIFLN
SCAPN
ESL N
PLC N
AAF N
ORINN
SDB N
CLC N
GSF N
MainB
MainB
DiriSaviB
DiriSaviB
DiriSaviB
DiriSaviB
DiriSaviB
DiriSaviB
DiriSaviB
DiriSaviB
MainB
DiriSaviB
DiriSaviB
DiriSaviB
DiriSaviB
DiriSaviB
MainB
DiriSaviB
DiriSaviB
DiriSaviB
DiriSaviB
DiriSaviB
Year
End
M
48.10
M
37.90
M
50.00
M
2.50
M
11.20
M
13.00
M
2200.00
M
21.00
M
3.10
M
30.80
M
1.60
M
390.00
M
17.70
M
8.50
M
5.90
M
22.70
M
14.90
M
2.20
M
14.00
D
71.60
M
4.00
M
560.10
1Q(%)
20.55
32.98
(27.27)
0.90
(0.76)
(10.04)
(8.82)
3.01
(40.74)
4.00
12.03
40.00
26.82
10.37
(4.35)
2.19
6.36
(14.89)
(9.66)
1Y(%)
27.25
(0.52)
150.00
(67.12)
(21.68)
(11.56)
1.98
(6.06)
(15.62)
(61.90)
(2.26)
(21.68)
44.83
(6.35)
16.41
27.35
(24.14)
(38.86)
(27.37)
29.03
-
Shares
Mn
46.30
8.01
53.37
500.00
33.90
238.07
3.01
22.46
2800.00
37.00
83.43
5.61
38.77
100.72
299.20
33.00
1579.86
559.47
115.63
25.18
6377.71
22.50
Trailing
ROE
17.80%
17.80%
36.69%
9.24%
9.97%
48.74%
11.05%
na
12.65%
8.34%
na
24.43%
2.47%
5.46%
na
18.49%
15.83%
9.98%
21.05%
9.77%
13.63%
5.95%
BVPS
55.32
55.32
29.49
0.92
10.08
6.12
1898.30
16.65
1.94
12.01
4.48
111.35
8.10
5.29
5.90
22.43
12.18
1.33
6.92
149.38
1.23
14.87
ATL N
AAICN
CINSN
CINSX
CTCEN
HASUN
UAL N
JINSN
DiriSaviB
DiriSaviB
MainB
MainB
MainB
MainB
MainB
DiriSaviB
D
D
D
D
D
D
D
D
1.50
100.50
980.00
369.90
300.10
51.20
99.50
13.40
0.50
2.34
(0.03)
0.03
(1.54)
(1.49)
0.75
(6.25)
(1.47)
(6.66)
(2.63)
(2.25)
(6.06)
(7.01)
(0.74)
24.84
(1.90)
12.12
(16.64)
0.99
8.27
7.20
(11.76)
11.67
19.70
19.36
100.07
28.00
18.31
35.35
1000.00
37.50
20.00
6.41
30.00
50.00
85.71
363.00
13.31%
7.17%
13.80%
13.80%
18.24%
20.74%
23.77%
30.24%
0.99
45.24
537.64
537.64
136.93
35.79
46.50
8.85
CDICN
CFVFN
LVENN
MainB
MainB
MainB
D
M
M
495.00
17.60
36.00
(4.35)
-
1.02
11.39
1.69
3.30
55.75
13.56
98.00
79.59
9.42
32.90
101.25
50.00
17.34%
21.46%
17.56%
158.25
18.73
20.73
Net Profit
4Qtrs
534.77
534.77
577.42
42.47
34.09
710.10
630.79
(78.86)
686.28
37.03
(330.44)
152.54
7.76
29.09
(225.76)
136.85
3,045.00
73.99
168.48
367.29
1,068.23
19.89
Mar'13
143.80
143.80
184.40
1.10
12.80
313.20
169.90
(54.70)
171.60
13.70
(182.64)
39.80
(2.10)
8.70
(65.80)
42.00
1,006.00
18.20
41.00
117.10
199.80
(17.00)
Dec'12
169.97
169.97
156.48
21.26
8.87
126.58
157.79
(10.48)
62.77
4.46
(117.04)
38.95
4.11
9.95
12.34
38.30
534.00
19.79
38.85
73.18
273.73
10.37
5,252.78
131.50
121.60
1,960.30
1,960.30
749.10
371.11
947.47
971.70
1,491.89
903.07
406.85
181.97
788.20
33.20
36.20
326.60
326.60
32.00
50.10
111.40
198.70
617.74
337.37
220.35
60.02
3,629.66
70.86
138.81
1,364.04
1,364.04
514.02
211.26
698.56
632.13
433.02
301.27
79.51
52.24
Net
Sep'12
148.50
148.50
178.10
71.65
12.42
270.32
416.78
(13.68)
543.10
27.55
(31.16)
37.07
5.77
12.26
(172.30)
56.55
806.00
36.00
88.62
65.36
594.70
15.12
Profits
Jun'12
97.04
97.04
136.29
394.71
10.36
490.68
17.08
(25.82)
109.16
109.16
99.99
54.89
71.61
163.77
219.43
145.90
33.95
39.59
160.50
160.50
103.09
54.86
65.90
221.70
118.53
73.04
30.13
0.41
36.73
5.99
710.00
111.65
15
Trailing
EPS
9.85
9.85
10.82
0.08
1.01
2.98
209.84
1.12
0.25
1.00
0.00
27.20
0.20
0.29
-0.93
4.15
1.93
0.13
1.46
na
0.17
0.88
Trailing
PE
4.9
3.8
4.6
29.4
11.1
4.4
10.5
na
12.6
30.8
na
14.3
88.4
29.4
na
5.5
7.7
16.6
9.6
na
23.9
633.5
PBV
Mkt Cap Mn
0.9
0.7
1.7
2.7
1.1
2.1
1.2
1.3
1.6
2.6
0.4
3.5
2.2
1.6
1.0
1.0
1.2
1.7
2.0
na
3.3
37.67
2,226.99
303.43
2,668.40
1,250.00
379.69
3,094.97
6,613.20
471.70
8,680.00
1,139.60
133.48
2,187.26
686.16
856.09
1,765.28
749.10
23,539.95
1,230.84
1,618.75
1,802.55
25,510.84
12,602.25
0.13
2.11
74.21
74.21
24.97
7.42
11.05
2.68
11.8
47.5
13.2
5.0
12.0
6.9
9.0
5.0
1.5
2.2
1.8
0.7
2.2
1.4
2.1
1.5
1,500.00
3,768.75
19,600.00
2,372.72
9,003.00
2,560.00
8,528.57
4,864.20
27.44
4.02
3.64
18.0
4.4
9.9
3.1
0.9
1.7
16,287.94
1,782.00
1,800.00
Sri Lanka Focus
21st June 2013
Broad Market
Guide
Company
Year
End
Price Performance
1W(%)
1M(%)
1.18
(0.73)
3.80
(4.12)
(4.54)
(5.84)
4.76
0.75
3.63
(4.79)
(0.11)
(3.28)
2.56
5.61
(5.47)
(16.67)
(1.82)
(9.50)
(5.42)
(18.13)
(1.90)
(4.30)
(5.96)
(3.81)
5.34
(5.07)
(4.90)
0.41
(0.46)
(9.48)
(5.94)
(0.25)
3.11
(2.82)
(3.55)
(13.83)
(8.70)
19.91
5.71
(7.69)
(7.69)
(3.28)
(11.28)
ASIA RESEARCH TEAM
1Q(%)
18.00
1.36
9.20
36.58
25.40
(1.76)
25.46
16.55
50.64
10.58
(16.21)
6.85
43.07
15.48
9.95
16.81
(6.17)
2.44
15.11
4.35
4.42
1Y(%)
52.00
17.08
14.47
92.98
44.29
1.27
54.60
(60.17)
(55.00)
18.43
47.61
(19.20)
(27.63)
44.78
92.80
40.98
83.16
(24.15)
(12.50)
13.85
(11.11)
(7.81)
Shares
Mn
16.00
224.00
20.99
95.04
20.00
187.32
89.77
4.77
2.75
300.00
0.96
25.50
31.40
80.00
40.00
53.73
23.55
561.75
30.00
282.21
66.43
Trailing
ROE
21.38%
9.35%
7.44%
17.24%
20.88%
18.13%
222.73%
3.34%
3.34%
25.53%
11.18%
10.78%
5.35%
15.68%
17.70%
4.55%
112.20%
na
10.09%
10.63%
4.56%
7.63%
BVPS
106.11
34.64
146.27
96.54
395.67
19.54
23.69
23.69
132.29
164.60
992.94
62.65
23.80
73.88
218.34
57.17
32.82
3.32
26.86
2.72
7.68
Net Profit
4Qtrs
23,735.40
158.793
577.54
529.15
1,915.72
1,435.05
8,152.00
74.92
74.92
92.87
5,519.70
102.75
85.55
117.19
1,045.91
397.47
3,446.13
(263.03)
188.04
85.66
35.06
38.94
Mar'13
5,857.07
84.62
123.48
110.55
1,422.92
319.97
1,463.00
(83.02)
(83.02)
62.94
968.45
31.27
27.48
38.58
232.28
82.56
914.02
21.75
(11.70)
29.62
7.42
10.87
Dec'12
5,449.31
5.63
127.20
98.37
62.51
231.42
1,984.00
31.31
31.31
26.20
1,472.85
29.66
37.87
35.16
185.68
188.58
949.80
(33.67)
6.06
1.50
5.70
3.49
Net
Sep'12
6,377.65
18.50
81.07
169.09
179.40
456.20
2,300.00
39.80
39.80
3.90
1,616.60
22.33
4.97
16.12
314.53
78.55
798.13
3.57
198.72
30.62
20.02
25.54
Profits
Jun'12
6,001.66
50.08
245.79
151.14
250.90
427.46
2,405.00
36.79
36.79
(0.17)
1,461.80
19.49
15.23
27.34
313.42
43.98
784.17
(254.68)
BEVERAGE FOOD AND TOBACCO

BAIRAHA FARMS
CARGILLS
CEYLON BREWERY
CEYLON COLD STORES
CEYLON TEA SERVICES
CEYLON TOBACCO
RENUKA SHAW WALLACE (N)
RENUKA SHAW WALLACE [NV]
CONVENIENCE FOOD
DISTILLERIES
HARISCHANDRA MILLS
KEELLS FOOD PRODUCTS
KOTMALE HOLDINGS
LION BREWERY
LANKA MILK FOODS
NESTLE LANKA
THREE ACRE FARMS
RENUKA AGRI
TEA SMALLHOLDERS
RAIGAM WAYAMBA SALTERNS LTD
HVA FOODS
BFL N
CARGN
BREWN
CCS N
CTEAN
CTC N
COCON
COCOX
SOY N
DISTN
HARIN
KFP N
LAMBN
LIONN
LMF N
NESTN
TAFLN
RAL N
TSMLN
RWSLN
HVA N
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
DiriSaviB
MainB
DiriSaviB
DiriSaviB
M
M
M
M
M
D
M
M
M
M
M
M
M
M
M
D
D
M
M
M
M
141.90
166.10
550.00
160.10
644.00
1004.10
19.00
16.20
200.50
191.90
2019.90
74.90
48.50
385.60
120.00
1,990.00
38.00
4.20
51.80
2.40
11.80
CHEMICALS & PHARMACEUTICALS

CHEMANEX
CHEMICAL INDUSTRIES [V]
CHEMICAL INDUSTRIES [NV]
HAYCARB
INDUSTRIAL ASPHALTS
J.L. MORISON [V]
J.L. MORISON [NV]
LANKEM CEYLON
SINGALANKA
MULLERS
UNION CHEMICALS
PC PHARMA
CHMXN
CIC N
CIC X
HAYCN
ASPHN
MORIN
MORIX
LCEYN
SINGN
MULLN
UCARN
PCP N
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
DiriSaviB
M
M
M
M
M
M
M
M
M
M
D
82.80
65.50
48.50
199.80
239.90
351.40
212.20
153.00
63.50
1.40
549.80
4.40
(1.07)
5.75
(5.35)
(4.53)
(0.05)
(5.51)
0.26
(0.24)
(0.84)
0.32
4.76
(4.21)
(4.83)
(6.43)
(6.73)
0.10
(3.31)
21.21
24.31
(15.00)
(21.28)
(6.25)
8.23
(22.81)
12.14
13.42
3.15
5.43
14.29
23.03
110.42
96.48
0.66
8.45
7.14
23.55
(33.33)
0.49
(11.35)
(22.30)
(19.83)
25.00
(39.71)
105.02
81.21
15.65
18.68
(6.25)
2.77
(70.07)
15.75
72.90
21.87
29.71
0.67
5.81
1.74
24.00
5.54
283.00
1.50
101.00
6.78%
na
2.98%
2.98%
21.19%
2.61%
7.99%
7.99%
6.65%
na
15.62%
14.97%
na
79.51
81.88
81.88
148.67
134.79
266.04
266.04
185.81
53.51
0.60
199.08
1.59
1,554.73
(34.43)
230.93
230.93
935.99
2.35
160.45
160.45
296.70
(13.87)
26.55
44.70
(94.64)
328.15
(25.63)
55.28
55.28
305.87
0.82
52.52
52.52
72.81
(15.44)
0.26
9.40
(127.74)
702.71
(12.51)
152.10
152.10
196.73
0.52
46.24
46.24
307.20
(6.25)
4.12
11.27
3.29
378.49
9.86
48.63
48.63
243.24
0.47
36.52
36.52
(11.17)
11.03
13.43
5.94
20.54
127.64
(6.14)
(17.32)
(17.32)
179.15
0.55
25.17
25.17
(72.66)
(3.21)
8.74
13.37
CONSTRUCTIONS
COLOMBO DOCKYARD
LANKEM DEVELOPMENTS
MTD WALKERS
ACCESS ENGINEERING LIMITED
DOCKN
LDEVN
KAPIN
AEL N
MainB
MainB
MainB
MainB
D
M
M
M
225.00
6.50
30.90
20.10
(2.86)
(3.39)
(2.99)
(5.47)
(1.95)
(2.23)
(3.02)
(9.72)
17.36
(4.29)
3.74
3.21
10.17
24.90
1.01
17.25
13.07
(19.75)
47.39
17.54
71.86
60.00
114.36
1000.00
16.41%
19.50%
na
7.11%
19.10%
141.55
11.43
33.89
12.47
4,464.51
1,983.37
(176.67)
275.59
2,382.23
1,046.29
336.04
(204.33)
183.20
731.38
1,357.34
434.21
36.45
51.74
834.95
1,218.16
343.17
(26.82)
89.54
812.27
420.13
450.98
18.04
(48.89)
23.92
16
Trailing
EPS
PBV
Mkt Cap Mn
9.92
2.58
25.21
20.16
71.75
43.52
0.79
0.79
33.77
18.40
107.05
3.35
3.73
13.07
9.94
64.14
na
0.33
2.86
0.12
0.59
Trailing
PE
20.84
14.3
64.4
21.8
7.9
9.0
23.1
24.0
20.4
5.9
10.4
18.9
22.3
13.0
29.5
12.1
31.0
na
12.5
18.1
19.3
20.1
4.46
1.3
4.8
3.8
1.7
1.6
51.4
0.8
0.7
1.5
1.2
2.0
1.2
2.0
5.2
0.5
34.8
1.2
1.3
1.9
0.9
1.5
2,270.40
37,206.40
11,543.45
15,215.90
12,880.00
188,091.78
1,705.66
77.33
551.38
57,570.00
1,938.70
1,909.95
1,522.90
30,848.00
4,799.76
106,913.67
894.71
2,359.35
1,554.00
677.30
783.86
na
2.44
2.44
31.50
3.52
21.25
21.25
12.36
na
0.09
29.80
na
13.72
na
26.9
19.9
6.3
68.2
16.5
10.0
12.4
na
14.9
18.4
na
0.93
1.0
0.8
0.6
1.3
1.8
1.3
0.8
0.8
1.2
2.3
2.8
2.8
1,304.10
4,774.95
1,060.70
5,936.53
159.91
2,041.03
369.76
3,672.00
351.84
396.20
824.70
444.40
27.60
na
2.41
2.38
9.00
8.2
na
12.8
8.4
1.48
1.6
0.6
0.9
1.6
16,168.26
390.00
3,533.64
20,100.00
Sri Lanka Focus
21st June 2013
Broad Market
Guide
Company
Year
End
DIVERSIFIED
AITKEN SPENCE
CARSON CUMBERBATCH
CEYLON THEATRES
COLOMBO FORT LAND
FINLAYS COLOMBO
HAYLEYS
HEMAS HOLDINGS
JOHN KEELLS HOLDINGS
DUNAMIS CAPITAL
RICHARD PIERIS
SUNSHINE HOLDINGS
SOFTLOGIC HOLDINGS
EXPOLANKA HOLDINGS
FREE LANKA CAPITAL HOLDINGS
VALLIBEL ONE LIMITED
BROWNS INVESTMENTS PLC
PCH HOLDINGS LIMITED
TAPROBANE HOLDINGS
SPENN
CARSN
CTHRN
CFLBN
JFINN
HAYLN
HHL N
JKH N
CSECN
RICHN
SUN N
SHL N
EXPON
FLCHN
VONEN
BIL N
PCHHN
TAP N
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
DiriSaviB
DiriSaviB
DiriSaviB
DiriSaviB
DiriSaviB
M
M
M
M
D
M
M
M
M
M
M
M
M
M
M
M
M
M
133.50
445.00
144.00
32.80
275.00
308.00
35.20
265.00
14.00
7.10
36.10
9.80
6.80
2.60
18.40
3.10
3.30
4.80
FOOTWEAR AND TEXTILES

CEYLON LEATHER
HAYLEYS - MGT
KURUWITA TEXTILES
ODEL
CLPLN
MGT N
KURUN
ODELN
MainB
MainB
MainB
DiriSaviB
M
M
M
M
73.30
10.00
22.40
22.90
HOTELS AND TRAVELS

City Hotels
ASIAN HOTEL & PROPERTIES
GALADARI
HOTEL DEVELOPERS
HOTEL SERVICES
RENUKA CITY HOTEL
TAJ LANKA
TRANS ASIA
AHPLN
GHLLN
HDEVN
SERVN
RENUN
TAJ N
TRANN
MainB
MainB
DefaultB
MainB
MainB
MainB
MainB
M
D
M
M
M
M
M
70.00
12.80
94.80
14.80
293.00
30.00
78.00
Price Performance
1W(%)
1M(%)
(1.08)
(6.98)
(3.12)
(3.33)
(0.53)
(2.09)
(4.26)
(5.98)
(16.03)
(8.27)
(10.88)
(0.03)
(3.08)
(1.95)
(0.19)
(9.77)
(3.45)
12.00
(1.39)
(7.79)
2.86
(2.02)
(19.17)
(4.23)
(7.14)
(2.63)
(8.87)
(6.25)
(14.29)
(19.51)
(4.17)
(8.00)
ASIA RESEARCH TEAM
1Q(%)
5.76
12.18
(1.02)
10.68
10.00
(11.20)
6.17
29.89
6.47
35.92
4.41
30.91
(11.01)
1.49
4.00
11.45
(11.76)
(43.10)
4.55
1Y(%)
17.78
20.27
(6.56)
(0.69)
19.57
2.08
(9.41)
57.85
39.31
40.00
5.97
49.38
(3.00)
13.33
44.44
17.09
7.14
-
(1.12)
(5.91)
12.32
(0.43)
(11.51)
(9.62)
(2.91)
(1.30)
(14.87)
3.90
14.53
(7.41)
3.64
3.15
12.42
(12.74)
21.95
(6.17)
27.93
(1.80)
(5.54)
3.47
5.02
(0.77)
0.68
6.36
1.01
(5.57)
(4.88)
(9.79)
(7.50)
8.69
(2.61)
(10.86)
0.14
7.50
12.12
24.56
15.89
3.59
(3.97)
(6.52)
(2.63)
49.21
11.57
11.43
Shares
Mn
406.00
196.39
183.10
180.00
35.00
75.00
515.29
857.67
123.00
1958.09
133.33
779.00
1954.92
1368.00
1086.56
1860.00
252.00
732.95
Trailing
ROE
11.22%
11.65%
11.57%
8.70%
9.69%
6.62%
8.26%
13.64%
13.57%
12.57%
23.94%
16.85%
3.75%
11.68%
8.85%
4.52%
na
na
77.27%
34.23
152.34
25.00
272.13
-3.29%
2.92%
na
na
3.45%
BVPS
69.10
176.65
72.20
36.47
158.05
299.45
23.59
104.79
10.37
4.06
28.14
10.32
4.65
4.72
28.58
5.70
5.53
3.99
Net Profit
4Qtrs
33,100.83
3,266.84
4,013.75
1,149.70
635.91
365.93
1,855.02
1,657.66
12,201.08
160.43
1,902.72
632.13
301.17
1,060.66
571.16
1,403.46
(98.53)
(236.63)
2,258.36
Mar'13
11,696.96
1,193.17
2,408.60
388.39
78.68
85.12
490.84
590.54
5,232.99
132.00
330.59
145.24
11.98
277.51
224.70
242.33
(53.62)
(142.00)
59.90
Dec'12
9,928.45
701.69
823.25
418.12
369.10
108.80
772.62
345.01
2,897.64
17.66
557.07
204.44
84.62
200.09
167.61
364.60
(227.31)
(47.72)
2,171.17
Net
Sep'12
7,131.66
731.41
874.90
147.06
7.14
82.13
372.48
387.78
2,411.73
20.37
569.53
98.31
133.57
299.27
203.23
796.53
21.70
(52.17)
26.68
Profits
Jun'12
4,201.60
640.57
(93.01)
196.16
180.99
89.88
219.08
334.33
1,658.72
(9.59)
445.54
184.14
71.01
283.79
88.43
10.17
35.51
16.76
(329.77)
88.37
(499.69)
(75.77)
157.32
(249.94)
9.20
(262.93)
20.18
(16.39)
22.88
35.19
(110.00)
15.96
81.73
(29.84)
16.60
(85.11)
(65.46)
104.14
(60.71)
27.38
(41.65)
(46.45)
49.00
2.28
na
5.57
325.61
16.69
30.27
8,665.62
3,818.96
2,494.30
220.41
na
(448.71)
266.08
221.16
1,065.72
3,864.31
1,286.21
896.80
-5.26
2,346.98
1,111.11
622.66
209.00
-106.80
33.10
25.97
442.40
(138.90)
82.10
87.46
248.79
1,964.18
1,149.27
565.37
339.77
na
(106.40)
46.60
87.53
216.40
551.82
268.53
406.75
(323.10)
na
(96.74)
104.28
23.20
154.14
7.91%
442.78
500.83
45.23
176.00
7.00
139.64
200.00
11.50%
19.27%
na
na
11.67%
9.49%
17.61%
17
Trailing
EPS
PBV
Mkt Cap Mn
8.05
20.44
6.28
3.53
10.46
24.73
3.22
14.23
1.30
0.97
4.74
0.39
0.54
0.42
1.29
na
na
3.08
Trailing
PE
15.92
16.6
21.8
22.9
9.3
26.3
12.5
10.9
18.6
10.7
7.3
7.6
25.3
12.5
6.2
14.2
na
na
1.6
1.79
1.9
2.5
2.0
0.9
1.7
1.0
1.5
2.5
1.3
1.7
1.3
0.9
1.5
0.6
0.6
0.5
0.6
1.2
54,200.47
87,392.18
26,366.00
5,904.00
9,625.00
23,100.00
18,138.23
227,282.66
1,721.96
13,902.42
4,813.33
7,634.20
13,293.42
3,556.80
19,992.69
5,766.00
831.60
3,518.16
2.58
na
na
0.58
na
28.4
na
na
39.6
1.08
0.8
1.0
0.6
1.4
2,509.34
1,523.43
560.00
6,231.76
17.51
1.38
12.4
29.1
na
na
7.7
18.9
14.6
1.4
5.6
na
2.7
0.9
1.8
2.6
5.63
0.44
na
na
38.01
1.58
5.33
30,994.27
6,410.62
4,287.43
2,604.80
2,051.00
4,189.12
15,600.00
Sri Lanka Focus
21st June 2013
Broad Market
Guide
Company
Year
End
Price Performance
1W(%)
1M(%)
ASIA RESEARCH TEAM
1Y(%)
Shares
Mn
Trailing
ROE
BVPS
1Q(%)
Resort Hotels
AIT. SPENCE HOTEL HOLD.
AMAYA LEISURE
BROWNS BEACH HOTELS
CEYLON HOTELS CORP.
PALM GARDEN HOTEL
BERUWALA WALK INN
EDEN HOTELS
HOTEL SIGIRIYA
HUNAS FALLS
KANDY HOTELS
JOHN KEELLS HOTELS
LIGHT HOUSE HOTEL
MIRAMAR
MAHAWELI REACH
NUWARA ELIYA
PEGASUS
CITRUS LEISURE
ROYAL PALMS
SIGIRIYA VILLAGE
DOLPHIN HOTELS
TANGERINE
SERENDIB HOTELS [V]
SERENDIB HOTELS [NV]
MARAWILA RESORTS
FORTRESS RESORTS
KALPITIYA BEACH RESORT
WASKADUWA BEACH RESORT
BERUWALA RESORTS
HIKKADUWA BEACH RESORT
AHUNN
CONNN
BBH N
CHOTN
PALMN
BINNN
EDENN
HSIGN
HUNAN
KHC N
KHL N
LHLN
MIRAN
MRH N
NEH N
PEG N
REEFN
RPBHN
SIGVN
STAFN
TANGN
SHOTN
SHOTX
MARAN
RHTLN
CITKN
CITWN
BERUN
CITHN
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
DiriSaviB
DefaultB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
DiriSaviB
DiriSaviB
DiriSaviB
DiriSaviB
DiriSaviB
DiriSaviB
M
M
M
M
M
D
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
75.00
80.00
18.10
19.40
87.50
72.20
35.60
85.90
56.00
9.30
13.20
46.30
77.00
19.20
1301.00
39.90
21.80
33.70
67.40
37.60
65.00
26.70
17.00
7.00
15.70
6.70
6.80
2.10
25.50
(2.09)
(0.12)
(5.70)
(3.00)
(3.53)
(10.42)
(2.47)
8.60
1.82
(0.75)
(3.13)
8.45
(1.54)
(0.72)
(0.75)
(11.97)
(8.17)
(9.53)
(1.05)
(1.66)
(2.20)
(6.25)
(6.67)
(2.48)
(9.46)
(8.27)
(5.32)
(0.12)
(14.95)
(10.60)
(9.79)
(9.41)
(3.26)
2.87
2.94
(5.10)
(0.75)
(4.32)
(12.20)
(4.00)
(2.91)
(3.39)
(20.16)
(9.65)
(7.03)
1.62
(8.45)
(3.61)
(7.82)
(11.39)
(4.85)
(14.10)
(5.56)
(12.50)
2.41
3.03
5.12
5.20
9.60
(12.50)
20.53
1.71
7.91
12.00
(0.75)
6.90
17.56
1.05
0.08
5.00
6.74
(3.71)
(0.15)
13.25
(2.26)
24.19
(2.94)
12.90
8.28
26.42
36.00
42.46
15.97
7.52
30.94
(2.51)
(46.22)
16.26
20.68
14.53
(5.08)
69.09
10.00
8.14
(35.78)
(1.54)
19.95
24.69
(34.81)
(29.79)
0.60
18.24
(22.53)
20.81
22.22
16.67
7.53
(5.63)
(22.73)
-
336.29
48.03
129.60
171.83
10.82
0.90
52.80
5.86
5.63
577.50
1456.15
46.00
2.75
47.07
2.00
30.39
96.48
50.00
9.00
31.62
20.00
75.51
36.01
122.50
110.89
161.20
155.60
600.00
57.57
13.79%
15.13%
5.39%
na
na
na
8.97%
28.41%
6.82%
2.83%
6.88%
4.67%
na
6.19%
10.99%
10.58%
na
6.54%
9.31%
19.64%
3.96%
15.15%
15.15%
2.54%
14.77%
na
0.15%
na
5.97%
38.44
51.47
26.86
33.67
118.00
na
44.72
40.55
56.57
10.14
11.19
52.25
na
19.97
1232.12
44.18
29.43
33.74
73.18
32.61
122.42
16.22
16.22
7.29
9.62
9.91
10.38
0.98
14.98
Net Profit
4Qtrs
4,846.66
1,782.02
374.07
187.74
(123.90)
(368.23)
(23.98)
211.85
67.51
21.70
165.80
1,121.02
112.16
na
58.20
271.38
142.00
(6.20)
110.30
61.33
202.50
97.04
274.10
274.10
22.70
157.50
(118.48)
2.38
(7.35)
51.50
INVESTMENT TRUST
ASCOT HOLDINGS
CEYLON GUARDIAN
CEYLON INVESTMENT
COLOMBO FORT INV.
COLOMBO INV. TRUST
LEE HEDGES
RENUKA HOLDINGS [V]
RENUKA HOLDINGS [NV]
GUARDIAN CAPITAL
ASCON
GUARN
CINVN
CFIN
CIT N
SHAWN
RHL N
RHL X
WAPON
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
DiriSaviB
M
M
M
M
M
M
M
M
M
147.50
185.00
89.90
110.20
146.00
236.00
36.40
25.00
38.80
(1.42)
1.72
(1.49)
(0.33)
(9.75)
12.31
(0.86)
(1.36)
0.77
(5.83)
(11.02)
(6.53)
(11.67)
(12.80)
(11.84)
(2.84)
(6.67)
(6.43)
(15.84)
11.02
0.41
15.22
16.00
11.31
35.19
(2.84)
13.75
15.42
(0.51)
13.90
(26.25)
18.00
28.06
(8.17)
21.67
21.51
25.52
13.42
(21.30)
7.99
82.10
98.51
6.50
6.50
5.12
44.52
6.43
25.83
10.41%
2.36%
13.62%
14.41%
na
na
na
13.25%
13.25%
na
69.90
179.14
88.68
196.52
211.86
438.49
45.17
45.17
18.70
3,297.04
13.19
2,002.40
1,258.76
(34.86)
(113.10)
(100.56)
305.00
305.00
(33.79)
13.46
48.20
48.08
12.41
37.27
13.74
52.80
46.66
68.03
68.03
(0.70)
57.36
(41.77)
(2.26)
10.60
20.33
Net
Sep'12
814.92
227.60
110.82
50.60
9.60
(22.15)
(4.79)
26.23
16.50
11.17
50.60
116.49
12.10
na
19.53
107.56
17.60
4.60
16.97
12.15
30.00
17.68
40.75
40.75
(5.30)
35.35
(49.51)
12.14
(41.72)
(7.66)
Profits
Jun'12
283.29
171.51
53.47
45.04
(25.93)
(121.80)
(16.59)
15.11
7.77
7.70
26.87
40.36
14.29
na
1.01
36.72
21.23
(22.02)
(1.24)
(1.26)
26.49
9.34
(4.78)
(4.78)
524.63
(5.70)
200.10
196.14
2.29
0.71
(72.90)
263.06
263.06
(59.08)
539.00
22.47
324.44
148.66
10.50
12.18
(38.57)
47.90
47.90
11.42
(156.22)
31.09
(77.01)
(53.46)
2.48
3.30
(36.99)
30.34
30.34
(55.97)
Mar'13
2,578.10
946.20
127.40
41.20
-79.30
-130.00
-4.20
97.40
26.50
21.70
42.30
741.80
57.10
Dec'12
1,235.87
436.71
82.38
50.87
(16.33)
(89.87)
1.60
73.56
16.74
4.38
40.58
222.37
28.67
24.20
78.90
47.60
35.80
57.30
36.70
93.10
23.40
169.80
169.80
28.70
66.40
-27.20
-7.50
24.00
38.80
1,994.81
(2.89)
1316.50
763.20
-39.90
-56.30
47.90
-36.30
-36.30
2.60
18
Trailing
EPS
Trailing
PE
PBV
Mkt Cap Mn
5.30
7.79
1.45
na
na
na
4.01
11.52
3.86
0.29
0.77
2.44
na
1.24
135.43
4.67
na
2.21
6.81
6.40
4.85
2.46
2.46
0.19
1.42
na
0.02
na
0.89
14.2
10.3
12.5
na
na
na
8.9
7.5
14.5
32.4
17.1
19.0
na
15.5
9.6
8.5
na
15.3
9.9
5.9
13.4
10.9
6.9
37.8
11.1
na
444.8
na
28.5
2.0
1.6
0.7
0.6
0.7
na
0.8
2.1
1.0
0.9
1.2
0.9
na
1.0
1.1
0.9
0.7
1.0
0.9
1.2
0.5
1.6
1.0
1.0
1.6
0.7
0.7
2.1
1.7
25,221.75
3,842.74
2,345.76
3,333.41
946.47
64.98
1,879.68
503.29
315.00
5,370.75
19,221.14
2,129.80
211.75
903.68
2,607.03
1,212.62
2,103.20
1,685.00
606.60
1,188.97
1,300.00
2,016.24
612.19
857.50
1,740.92
1,080.04
1,058.08
1,260.00
1,468.13
1.65
24.39
12.78
na
na
na
5.99
5.99
na
9.37
89.3
7.6
7.0
na
na
na
6.1
4.2
na
0.97
2.1
1.0
1.0
0.6
0.7
0.5
0.8
0.6
2.1
1,177.86
15,187.89
8,856.49
716.30
949.00
1,208.45
1,620.43
160.71
1,002.35
Sri Lanka Focus
21st June 2013
Broad Market
Guide
Company
LAND AND PROPERTY

C T LAND
CARGO BOAT
CEYLINCO HOUSING
CEYLINCO SEYLAN
COLOMBO LAND
COMMERCIAL DEVELOP.
EAST WEST
EQUITY ONE
EQUITY TWO
HUEJAY
KELSEY DEVELOPMENTS
ON'ALLY HOLDINGS
OVERSEAS REALTY
PROPERTY DEVELOPMENT
SERENDIB LAND
YORK ARCADE
SERANDIB ENGINEERING GROUP
TOUCHWOOD
CTLDN
CABON
CHOUN
CSD N
CLNDN
COMDN
EASTN
EQITN
ETWON
HUEJN
KDL N
ONALN
OSEAN
PDL N
SLNDN
YORKN
IDL N
TWODN
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
DiriSaviB
DiriSaviB
Year
End
M
M
M
M
D
D
M
M
M
M
M
M
D
D
M
M
M
M
29.80
109.00
14.00
10.50
47.60
64.10
15.60
31.00
28.30
73.90
23.20
55.00
18.30
54.00
1450.20
15.20
179.00
5.00
Price Performance
1W(%)
1M(%)
(2.69)
(6.65)
3.57
(2.03)
(5.21)
(9.08)
(2.80)
(6.71)
(2.73)
(9.32)
(2.65)
(6.29)
(3.28)
(8.12)
(1.88)
(7.65)
(3.13)
(4.32)
(4.07)
(4.07)
9.16
5.87
(4.17)
39.39
0.92
2.80
(2.14)
(7.58)
(8.32)
(9.40)
(14.69)
(3.18)
(13.64)
2.29
(3.92)
(15.52)
ASIA RESEARCH TEAM
1Q(%)
28.43
16.00
36.38
13.01
20.22
49.06
9.52
17.16
16.98
17.92
21.35
66.67
15.30
29.79
23.57
9.45
6.29
15.48
(16.95)
1Y(%)
30.22
22.36
47.43
15.83
52.86
36.29
5.11
28.69
6.90
48.95
9.97
66.67
10.00
38.64
39.90
(29.22)
11.76
8.55
(66.67)
Shares
Mn
48.75
10.20
13.38
147.96
199.88
12.00
138.24
40.32
31.00
1.80
17.43
17.50
843.48
66.00
0.36
12.00
6.48
106.91
Trailing
ROE
9.24%
10.32%
11.75%
15.49%
1.00%
1.30%
20.12%
na
8.38%
7.48%
na
na
5.72%
13.17%
12.10%
4.21%
0.83%
0.16
0.02
BVPS
52.61
79.02
10.62
28.62
18.57
101.90
9.41
41.93
19.21
na
3.26
66.10
26.60
43.81
656.12
13.42
23.92
28.91
Net Profit
4Qtrs
4,289.31
264.76
94.74
22.01
42.53
48.44
246.00
(35.92)
141.66
44.55
(4.29)
(55.08)
66.21
2,954.53
349.77
9.95
1.34
24.78
73.33
Mar'13
815.31
190.85
18.11
(41.42)
22.88
(3.31)
25.07
(20.74)
121.32
44.86
(1.32)
(9.86)
12.93
475.67
93.03
2.36
6.54
12.23
(133.89)
Dec'12
2,532.48
34.76
25.04
5.90
(30.39)
65.45
199.09
(7.30)
7.25
(0.39)
(1.12)
(18.94)
17.58
2,111.02
102.08
2.59
3.44
2.27
14.15
Net
Sep'12
685.54
38.52
27.20
31.77
26.80
(5.10)
17.89
18.58
6.91
(0.09)
1.00
(9.95)
17.48
273.58
87.96
2.79
2.65
22.26
125.30
Profits
Jun'12
271.68
39.19
24.39
25.67
23.25
(8.60)
3.94
(6.15)
6.63
0.17
(1.20)
(20.32)
18.23
94.27
66.70
2.21
3.31
19
Trailing
EPS
5.43
9.29
1.65
0.29
0.24
20.50
na
3.51
1.44
na
na
3.78
3.50
5.30
27.64
0.11
3.83
0.69
Trailing
PE
10.09
5.5
11.7
8.5
36.5
196.4
3.1
na
8.8
19.7
na
na
14.5
5.2
10.2
52.5
136.0
46.79
7.29
PBV
Mkt Cap Mn
0.93
0.6
1.4
1.3
0.4
2.6
0.6
1.7
0.7
1.5
na
7.1
0.8
0.7
1.2
2.2
1.1
7.5
0.2
1,452.75
1,111.80
187.32
1,553.63
9,514.34
769.20
2,156.54
1,249.97
877.30
133.02
404.36
962.54
15,435.76
3,564.00
522.07
182.40
1159.32
534.53
Sri Lanka Focus
21st June 2013
Broad Market
Guide
Company
MANUFACTURING
ABANS
ACL CABLES
ACL PLASTICS
ACME
ALUFAB
BLUE DIAMONDS [V]
BLUE DIAMONDS [NV]
BOGALA GRAPHITE
CENTRAL INDUSTRIES
GRAIN ELEVATORS
CHEVRON LUBRICANTS
DANKOTUWA
DIPPED PRODUCTS
HAYLEYS FIBRE
KELANI CABLES
KELANI TYRES
LANKA ALUMINIUM
LANKA CEMENT
LANKA CERAMIC
LANKA FLOORTILES
LANKA WALLTILES
LAXAPANA
SWISSTEK (CEYLON) PLC
PELWATTE SUGAR
PIRAMAL GLASS
PRINT CARE
REGNIS
RICH PIERIS EXPORTS
ROYAL CERAMICS
SAMSON INTERNATIONAL
SINGER INDUSTRIES
SWADESHI
TOKYO CEMENT [V]
TOKYO CEMENT [NV]
SIERRA CABLES
TEXTURED JERSEY
AGSTAR FERTILIZERS LIMITED
AGSTAR FERTILIZERS LIMITED
ORIENT GARMENTS
ABANN
ACL N
APLAN
ACMEN
ALUFN
BLUEN
BLUEX
BOGAN
CINDN
GRANN
LLUBN
DPL N
DIPDN
HEXPN
KCABN
TYREN
LALUN
LCEMN
CERAN
TILEN
LWL N
LITEN
PARQN
SUGAN
GLASN
CAREN
REG N
REXPN
RCL N
SIL N
SININ
SWADN
TKYON
TKYOX
SIRAN
TJL N
AGSTN
AGSTX
OGL N
MainB
MainB
MainB
MainB
DefaltB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
DiriSaviB
DiriSaviB
DiriSaviB
Year
End
M
M
M
M
M
M
M
D
M
D
D
D
M
M
M
M
M
D
M
M
M
M
M
M
M
M
D
M
M
M
D
M
M
M
M
M
M
M
M
134.00
67.00
90.20
11.90
17.80
3.10
1.40
26.50
70.00
43.60
290.00
14.40
126.00
29.00
80.00
44.50
30.40
8.80
115.00
76.00
64.20
4.70
15.00
23.50
6.60
28.10
70.10
40.00
105.80
99.90
127.50
7555.00
25.30
20.90
2.10
12.00
7
15
8
Price Performance
1W(%)
1M(%)
(1.44)
(3.62)
(7.77)
14.13
(4.64)
(10.32)
(4.95)
(15.21)
(0.83)
(8.40)
(4.44)
(9.95)
(8.82)
(18.42)
(6.67)
7.35
(2.59)
(0.43)
(1.41)
(4.39)
(11.38)
(1.09)
(3.43)
(4.00)
(16.28)
(1.33)
(4.11)
(6.45)
(9.38)
(5.88)
3.90
(3.47)
5.45
1.33
(11.63)
2.33
(14.56)
(0.17)
(0.86)
6.74
0.80
(2.06)
(5.00)
(6.00)
(14.55)
(3.23)
(1.49)
(1.49)
(10.79)
(9.35)
(4.97)
(5.22)
(4.25)
(9.46)
(0.19)
(2.67)
(4.03)
(0.10)
(5.06)
(11.46)
51.09
(1.17)
(5.22)
0.97
7.18
(4.35)
(12.00)
(1.64)
2.99
(11.54)
(9.09)
(13.98)
ASIA RESEARCH TEAM
1Q(%)
20.11
49.00
3.67
(0.83)
(6.67)
30.85
10.76
(1.80)
33.95
18.87
4.69
16.96
32.44
2.36
8.64
92.47
19.50
23.38
2.17
20.97
8.20
(0.35)
18.00
25.16
8.62
21.09
5.90
51.09
7.17
19.43
4.76
23.71
25.45
(4.76)
1Y(%)
26.19
34.23
23.27
6.24
(4.76)
(41.69)
(32.61)
(22.22)
44.51
2.94
(10.29)
70.59
10.77
28.57
25.00
16.11
63.00
36.94
1.15
44.06
18.75
4.72
(33.80)
(3.23)
29.41
0.36
(25.47)
93.43
9.07
37.79
(28.33)
98.82
(17.80)
(1.88)
(12.00)
50.00
(17.86)
(40.74)
Shares
Mn
4.26
59.89
4.21
25.61
12.06
103.30
153.37
47.32
9.88
60.00
120.00
72.25
59.86
8.00
21.80
80.40
13.70
173.51
30.00
53.05
54.60
39.00
27.37
67.98
950.09
85.97
11.27
11.16
110.79
3.85
3.85
0.13
202.50
101.25
537.51
655.00
307.53
17.47
54.92
Trailing
ROE
16.19%
25.70%
9.30%
6.58%
na
na
na
na
28.08%
10.23%
5.56%
52.84%
5.66%
20.72%
6.11%
9.39%
25.21%
na
na
10.93%
20.21%
11.26%
na
na
na
19.96%
12.00%
11.25%
94.42%
19.88%
11.44%
2.15%
0.36%
12.32%
12.32%
na
17.74%
10.10%
10.10%
6.02%
BVPS
135.45
95.47
144.36
19.61
21.36
1.17
1.17
3.93
95.41
44.74
37.80
10.43
114.34
53.55
99.44
21.82
40.76
na
91.91
59.67
84.57
3.66
22.25
na
3.82
25.64
68.50
13.10
75.83
102.87
234.34
999.68
22.13
22.13
3.08
8.75
6.71
118.08
13.01
Net Profit
4Qtrs
11,898.73
148.22
532.03
40.01
(41.26)
na
(26.31)
(26.31)
52.23
96.46
149.25
2,396.43
42.63
1,417.89
26.17
203.53
442.27
(9.96)
(17.80)
301.38
639.85
520.01
(42.20)
(10.57)
na
724.38
264.52
86.82
138.07
1,670.39
45.30
19.39
0.47
827.85
827.85
(6.77)
1,016.57
208.47
208.47
43.03
Mar'13
3,810.08
42.66
99.28
7.60
(7.89)
Dec'12
3,063.03
46.61
243.88
9.76
5.40
Net
Sep'12
2,829.13
50.92
81.21
1.28
(25.48)
(6.84)
(6.84)
15.60
25.87
17.52
769.86
0.62
379.48
7.30
60.12
114.58
(11.87)
137.18
265.67
260.77
2.72
17.33
(10.30)
(10.30)
(8.25)
18.39
(229.44)
571.41
(12.87)
407.70
3.85
25.38
116.40
(4.99)
(4.15)
88.83
161.15
123.96
0.18
(12.27)
0.24
0.24
16.88
30.98
(34.78)
521.99
31.20
345.02
6.92
57.21
130.24
(6.86)
(4.22)
90.02
159.02
151.07
(40.30)
2.09
110.79
74.60
41.74
24.57
573.70
6.49
6.14
25.18
447.63
447.63
(1.23)
322.95
(20.04)
(20.04)
53.90
206.66
61.28
19.62
25.58
497.19
12.32
10.83
(8.12)
224.64
224.64
0.69
365.0
106.74
106.74
12.37
265.13
60.27
7.44
51.63
420.40
13.74
0.56
(3.24)
175.57
175.57
(8.75)
156.7
125.04
125.04
(23.23)
Profits
Jun'12
2,253.83
8.04
118.11
26.77
(13.30)
3.06
(21.41)
(21.41)
27.99
21.22
395.95
533.17
23.67
285.68
7.21
60.82
81.06
13.76
(4.50)
(16.65)
54.00
(15.79)
(4.76)
(17.71)
148.94
70.28
18.03
36.29
260.77
12.76
1.87
(14.07)
(19.99)
(19.99)
0.63
171.94
20
Trailing
EPS
34.80
8.88
9.50
na
na
na
na
1.10
9.76
2.49
19.97
0.59
23.69
3.27
9.34
5.50
na
na
10.05
12.06
9.52
na
na
na
0.76
3.08
7.71
12.37
15.08
11.77
5.04
3.57
2.73
2.73
na
1.55
0.68
11.93
0.78
Trailing
PE
9.85
3.9
7.5
9.5
na
na
na
na
24.0
7.2
17.5
14.5
24.4
5.3
8.9
8.6
8.1
na
na
11.4
6.3
6.7
na
na
na
8.7
9.1
9.1
3.2
7.0
8.5
25.3
2115.6
9.3
7.7
na
7.7
10.3
1.3
10.2
PBV
Mkt Cap Mn
1.60
1.0
0.7
0.6
0.6
0.8
2.7
1.2
6.7
0.7
1.0
7.7
1.4
1.1
0.5
0.8
2.0
0.7
na
1.3
1.3
0.8
1.3
0.7
na
1.7
1.1
1.0
3.1
1.4
1.0
0.5
7.6
1.1
0.9
0.7
1.4
1.0
0.1
0.6
570.68
4,012.88
379.97
304.80
214.64
320.23
214.72
1,253.89
691.89
2,616.00
34,800.00
1,040.34
7,542.55
232.00
1,744.00
3,577.80
416.57
1,526.89
3,450.00
4,031.83
3,505.32
183.30
410.58
1,597.46
6,270.57
2,415.66
789.88
446.55
11,721.52
384.41
490.40
987.18
5,123.25
2,116.13
1,128.78
7,860.03
2,152.68
262.11
439.33
Sri Lanka Focus
21st June 2013
Broad Market
Guide
Company
Year
End
Price Performance
1W(%)
1M(%)
(0.86)
(2.34)
(5.75)
(5.75)
(3.63)
(12.82)
(1.91)
(8.30)
(2.17)
(6.04)
(6.04)
1.26
5.22
ASIA RESEARCH TEAM
1Q(%)
14.32
2.51
23.10
10.00
6.04
0.39
28.45
1Y(%)
8.98
5.13
(47.08)
(7.64)
(7.22)
15.32
59.00
Shares
Mn
1.20
15.20
8.88
3.62
6.03
67.27
Trailing
ROE
13.65%
5.28%
0.78%
6.06%
14.32%
26.20%
27.31%
BVPS
489.31
250.88
859.71
649.41
126.90
109.57
Net Profit
4Qtrs
3,073.22
31.00
29.80
462.09
336.80
200.63
2,012.90
Mar'13
639.40
6.30
174.60
-8.00
-143.10
69.40
540.20
Dec'12
352.07
8.14
5.60
4.50
143.31
53.32
137.20
Net
Sep'12
562.72
12.18
51.28
113.23
24.14
40.79
321.10
Profits
Jun'12
1,810.28
4.38
130.55
352.36
317.09
37.12
968.78
MOTORS
AUTODROME
COLONIAL MOTORS
DIMO
LANKA ASHOK
SATHOSA MOTORS
UNITED MOTORS
AUTON
COLON
DIMON
ASHON
SMOTN
UML N
MainB
MainB
MainB
MainB
MainB
MainB
M
M
M
M
M
M
820.00
103.40
550.00
1800.00
251.00
121.00
OIL PALMS
BUKIT DARAH
GOOD HOPE
INDO MALAY
SELINSING
SHALIMAR
BUKIN
GOODN
INDON
SELIN
SHALN
MainB
MainB
MainB
MainB
MainB
M
M
M
M
M
701.00
1399.90
1335.00
1100.00
950.00
3.09
0.77
27.03
2.80
5.56
0.39
(1.55)
27.26
(1.11)
(0.90)
(5.00)
0.45
(1.31)
16.66
1.06
(7.90)
10.18
(5.81)
(9.01)
11.99
(7.61)
(0.30)
6.45
102.00
6.87
7.00
6.94
6.94
10.50%
15.83%
2.61%
2.77%
3.97%
3.22%
312.21
818.43
786.82
933.71
800.95
5,778.00
5,042.37
146.61
152.69
257.40
178.94
2,255.03
2,146.35
21.97
21.68
37.10
27.93
1,182.34
1,071.82
18.19
20.07
44.32
27.94
1,001.86
832.97
34.69
31.80
63.85
38.56
685.30
353.77
72.40
73.48
105.66
79.99
AGALN
BALAN
BOPLN
HAPUN
HOPLN
KAHAN
KGALN
KVALN
KOTAN
MADUN
MAL N
MALX
MASKN
NAMUN
TPL N
UDPLN
WATAN
ELPLN
MPRHN
ASPMN
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
MainB
DiriSaviB
MainB
DiriSaviB
DiriSaviB
DiriSaviB
D
D
M
D
M
D
M
D
M
D
D
D
M
M
D
D
M
M
M
M
27.00
29.10
11.90
36.00
26.40
32.20
110.10
81.40
53.50
14.00
4.80
4.50
13.80
78.00
22.60
32.40
12.10
18.90
27.00
45.50
(1.77)
(5.59)
(4.90)
(2.46)
7.46
(11.86)
(5.54)
(0.45)
(0.12)
(2.73)
(1.40)
2.13
(4.44)
(2.13)
(5.80)
18.15
(3.97)
1.07
(9.23)
-
(5.18)
(21.74)
(13.91)
(4.80)
4.65
(8.45)
(11.48)
(8.25)
0.12
(4.63)
(6.62)
(2.04)
(6.52)
6.15
(7.47)
(11.28)
7.05
(6.20)
3.28
(12.46)
-
(0.28)
(13.74)
(14.16)
5.31
(4.76)
(3.35)
(7.43)
(1.70)
(6.44)
(4.29)
22.61
11.63
4.88
15.00
1.83
(13.31)
30.20
7.08
10.53
6.96
-
14.62
(7.85)
23.83
54.55
(15.29)
35.42
3.85
22.33
(11.43)
(7.76)
48.42
33.33
22.86
(2.13)
34.48
40.74
79.21
44.05
24.34
29.47
-
25.00
23.64
83.75
46.32
25.00
79.89
25.00
34.00
40.00
29.00
224.59
23.00
53.95
23.75
23.75
19.40
236.67
72.87
17.26
21.30
16.26%
38.44%
2.37%
33.81%
3.74%
13.50%
9.39%
16.20%
25.90%
15.08%
3.18%
12.50%
12.50%
17.10%
20.50%
21.66%
4.23%
17.70%
17.25%
33.03%
19.57%
48.47
111.60
12.44
34.89
59.57
15.18
133.97
73.98
85.64
62.36
8.66
8.66
29.11
84.03
60.67
28.46
16.24
34.59
45.02
56.68
5,913.06
465.71
62.49
352.16
60.41
201.04
113.92
542.47
651.46
516.73
57.49
268.02
268.02
268.54
409.16
312.09
23.33
680.24
434.80
256.75
236.25
1,215.12
1.5
11.4
67.9
41.56
47.65
72.32
95.43
150.98
113.22
14.17
51.05
51.05
88.93
86.27
85.40
29.40
124.84
66.12
66.99
2,031.12
304.74
(10.62)
146.26
(46.86)
100.79
(0.86)
168.76
199.06
190.95
59.74
8.11
8.11
123.89
147.20
164.90
(43.91)
286.59
125.46
106.93
1,365.79
160.60
(12.17)
88.90
13.43
41.06
13.20
155.61
173.22
107.80
(42.92)
94.02
94.02
21.51
103.40
35.16
0.70
186.23
133.19
92.84
1,103.31
(1.16)
73.87
49.14
52.29
11.54
29.26
122.68
128.20
104.76
26.51
114.84
114.84
34.22
72.29
26.62
37.14
157.32
63.81
-
DiriSaviB
MainB
MainB
MainB
MainB
MainB
MainB
M
M
M
M
M
M
M
267.00
10.40
14.60
105.00
75.00
40.00
3.10
(1.91)
(3.29)
(3.58)
(3.76)
3.33
(5.91)
(9.18)
(3.70)
(4.55)
(0.94)
(1.32)
(8.79)
(6.06)
12.79
2.69
7.22
25.64
5.10
(15.16)
8.47
6.90
40.97
11.25
38.67
90.91
38.29
23.76
25.49
10.71
22.33
528.46
1099.09
25.53
8.35
223.73
1409.51
17.25%
na
50.56%
12.09%
9.74%
9.74%
12.66%
15.98%
86.91
6.51
5.85
72.7
72.7
17.00
2.68
3,785.98
(64.67)
1,738.38
777.25
249.01
249.01
481.66
604.34
847.06
(19.57)
157.58
268.52
74.16
74.16
175.32
191.05
1,822.74
(45.09)
1,365.90
220.29
54.48
54.48
99.12
128.05
510.06
(38.10)
104.26
112.21
49.92
49.92
94.57
187.20
577.66
ASHAN
AMSLN
ASIRN
CHL N
CHL X
LHCLN
NHL N
PLANTATIONS
AGALAWATTE
BALANGODA
BOGAWANTALAWA
HAPUGASTENNE
HORANA PLANTATION
KAHAWATTE
KEGALLE
KELANI VALLEY
KOTAGALA
MADULSIMA
MALWATTE VALLEY
MALWATTE VALLEY
MASKELIYA
NAMUNUKULA
TALAWAKELLE
UDAPUSSELLAWA
WATAWALA PLANTATIONS
ELPITIYA
MET.RES.HOL
AITKEN SPENCE PLANTATION
MANAGEMENTS
HEALTH SERVICES
ASIRI CENTRAL
ASIRI SURGICAL
ASIRI HOSPITAL
CEYLON HOSPITALS [V]
CEYLON HOSPITALS [NV]
LANKA HOSPITALS
NAWALOKA
110.65
176.23
80.08
80.08
112.65
98.04
21
Trailing
EPS
PBV
Mkt Cap Mn
25.83
1.96
52.06
93.02
33.25
29.92
Trailing
PE
7.68
31.7
52.7
10.6
19.4
7.5
4.0
1.05
1.7
0.4
0.6
2.8
2.0
1.1
984.00
1,571.68
4,882.04
6,517.52
1,514.44
8,139.32
49.43
21.34
21.82
37.09
25.78
18.1
14.2
65.6
61.2
29.7
36.8
1.9
2.2
1.7
1.7
1.2
1.2
71,502.00
9,619.14
9,342.86
7,634.09
6,593.08
18.63
2.64
4.20
1.30
8.04
1.43
21.70
19.16
12.92
1.98
1.08
1.08
4.98
17.23
13.14
1.20
2.87
5.97
14.87
11.09
4.2
1.4
11.0
2.8
27.6
3.3
22.6
5.1
4.2
4.1
7.1
4.4
4.2
2.8
4.5
1.7
26.9
4.2
3.2
1.8
4.1
0.69
0.6
0.3
1.0
1.0
0.4
2.1
0.8
1.1
0.6
0.2
0.6
0.5
0.5
0.9
0.4
1.1
0.7
0.5
0.6
0.8
675.00
687.82
996.63
1,667.37
660.00
2,572.45
2,752.50
2,767.60
2,140.00
406.00
1,078.03
103.50
744.56
1,852.50
536.75
628.52
2,863.67
1,377.18
466.15
969.15
na
3.29
0.71
7.35
7.35
2.15
0.43
11.7
na
3.2
20.6
14.3
10.2
18.6
7.2
2.01
3.1
1.6
2.5
1.4
1.0
2.4
1.2
5,963.17
5,495.96
16,046.75
2,680.36
625.91
8,949.29
4,369.47
Sri Lanka Focus
21st June 2013
ASIA RESEARCH TEAM
22
Broad Market
Guide
Company
Year
End
Price Performance
1W(%)
1M(%)
(2.00)
(7.53)
(2.96)
(7.75)
11.22
(3.45)
(2.44)
(10.36)
(19.11)
(10.79)
9.09
(10.03)
(4.03)
(2.27)
(10.42)
(3.57)
1Q(%)
11.59
20.20
4.81
20.21
(7.54)
(27.17)
5.57
(14.00)
(10.00)
1Y(%)
26.40
36.15
36.08
(14.89)
762.33
10.38
(38.31)
(10.42)
-
Shares
Mn
60.80
2.94
2.84
0.04
0.05
0.10
114.00
260.00
Trailing
ROE
6.95%
22.68%
4.16%
na
na
na
na
19.98%
16.59%
BVPS
53.89
49.30
57.43
125.68
654.00
64.98
1.72
2.18
Net Profit
4Qtrs
305.22
742.89
6.03
(123.39)
(6.24)
(446.79)
(0.55)
39.23
94.04
Mar'13
590.62
560.02
(3.72)
(21.05)
Dec'12
(406.82)
48.66
1.02
(13.30)
(1.90)
(446.70)
0.30
5.10
Net
Sep'12
85.64
78.67
3.84
(39.85)
(1.05)
1.20
0.12
8.50
34.21
Profits
Jun'12
26.82
55.55
4.40
(49.20)
1.27
0.68
0.13
13.99
SERVICES
JOHN KEELLS LIMITED
LAKE HOUSE PRINTING
MERC. SHIPPINGS
CEYLON PRINTERS
KALAMAZOO
PARAGON
CEYLON TEA BROKERS
ASIA SIYAKA COMMODITIES
JKL N
LPRTN
MSL N
CPRTN
KZOON
PARAN
CTBLN
ASIYN
MainB
MainB
MainB
MainB
MainB
MainB
DiriSaviB
DiriSaviB
M
M
M
M
M
M
M
M
82.10
109.00
160.00
1293.50
1529.50
950.10
4.30
2.70
STORES AND SUPPLIES

COLOMBO PHARMACY
E B CREASY
GESTETNER
HUNTERS
PHARN
EBCRN
GESTN
HUNTN
MainB
MainB
MainB
MainB
M
M
M
M
527.00
1200.00
194.80
379.00
(0.67)
(8.11)
(3.90)
9.93
5.51
(10.86)
(20.19)
(9.66)
(2.60)
(10.82)
26.11
9.66
26.44
29.87
31.51
6.29
(15.07)
4.45
(11.05)
26.33
1.27
2.54
2.28
5.15
5.05%
5.20%
8.16%
28.76%
na
738.70
1284.06
43.90
432.45
329.21
48.87
265.70
28.76
(14.12)
110.66
36.41
80.69
12.94
(19.38)
222.51
(4.23)
188.43
12.73
25.58
54.70
20.02
30.70
2.04
1.94
(58.55)
(3.33)
(34.00)
1.04
(22.26)
TRADING
BROWNS
C W MACKIE
CEYLON FOREIGN TRADES
EASTERN MERCHANTS
ENVIRONMENTAL RESOURCES
RADIANT GEMS
SINGER SRI LANKA
OFFICE EQUIPMENT
TESS AGRO
BRWNN
CWMN
CFT N
EMERN
GREGN
RGEMN
SINSN
OFEQN
TESSN
MainB
MainB
MainB
DefaultB
MainB
MainB
MainB
MainB
DiriSaviB
M
D
M
M
M
M
D
M
M
119.00
70.00
7.30
8.10
14.90
45.50
97.10
2850.00
2.10
(1.18)
(0.34)
(4.37)
4.29
(8.99)
(3.87)
(0.65)
(0.92)
0.00
-
(4.65)
(6.96)
(3.45)
17.74
(19.80)
(10.78)
(7.69)
(3.57)
9.20
(4.55)
0.73
(0.83)
2.94
37.74
(10.00)
(2.61)
(5.20)
(0.10)
14.01
-
2.20
6.54
6.38
43.14
(11.96)
1.36
(14.93)
(2.90)
211.78
(16.00)
70.88
35.99
140.20
117.45
349.37
2.40
125.21
0.08
180.00
2.90%
1.63%
9.75%
0.82%
na
na
na
18.66%
na
na
207.36
46.18
6.26
8.66
23.27
7.63
37.39
463.07
1.94
912.89
240.04
161.98
7.23
(69.41)
(278.42)
(6.90)
873.24
(2.09)
(12.79)
662.68
768.13
46.85
1.10
(28.16)
(291.18)
(3.40)
174.84
294.12
190.84
11.59
6.83
(16.69)
(80.65)
(0.06)
194.17
(2.77)
(9.14)
300.32
(219.96)
85.92
(3.25)
39.55
83.85
0.34
310.05
3.81
(5.50)
(292.87)
(498.97)
17.61
2.55
(39.95)
31.72
(3.72)
194.18
1.80
1.91
POWER & ENERGY

HEMAS POWER
LANKA IOC
VIDULLANKA
VALLIBEL POWER
LAUGFS GAS
LAUGFS GAS [NV]
HYDRO POWER
PANASIAN POWER
MACKWOODS ENERGY LIMITED
HPWRN
LIOCN
VLL N
VPELN
LGL N
LGL X
HPFLN
PAP N
MEL N
MainB
MainB
MainB
MainB
DiriSaviB
DiriSaviB
MainB
MainB
DiriSaviB
M
M
M
M
M
M
M
M
M
19.90
25.20
3.60
6.20
26.50
19.90
5.70
2.50
10.00
(1.94)
(3.08)
(1.92)
1.02
(1.72)
(5.94)
(8.11)
(3.40)
(7.69)
(7.69)
(14.14)
(12.33)
(5.00)
(3.85)
(12.04)
10.37
(3.40)
22.93
2.86
16.98
4.08
8.74
(5.00)
(13.79)
(7.77)
25.10
10.56
51.81
(25.00)
21.57
25.00
59.20
4.17
(12.84)
125.20
532.53
477.27
747.11
335.00
52.00
109.09
500.00
100.00
17.25%
9.88%
22.33%
10.55%
15.86%
16.35%
16.35%
na
10.28%
5.89%
22.82
24.46
2.31
2.44
16.76
16.76
6.90
1.61
6.88
4,751.00
282.45
2,908.80
116.33
289.14
1,060.82
1,060.82
(29.98)
82.93
40.51
1,306.53
71.22
805.89
13.96
12.16
364.72
364.72
(12.46)
30.26
20.78
1,226.44
75.61
728.08
36.12
120.10
228.99
228.99
(8.04)
38.98
6.60
1,842.14
81.00
1,183.00
6.13
112.97
427.45
427.45
(1.80)
2.09
31.30
299.56
39.33
191.86
8.40
56.05
(11.62)
(26.19)
(16.39)
(41.60)
(362.64)
(387.13)
2.52
(2.35)
1.79
6.70
2.00
(2.94)
(20.00)
(5.71)
(41.18)
4.76
(33.33)
40.43
(69.70)
122.13
343.40
15.36%
na
0.88
2.92
16.42
(379.06)
7.90
(395.03)
(6.60)
9.12
2.87
(5.22)
1.79
8.70
40.40
(2.39)
(1.14)
(3.57)
(8.19)
(10.31)
(6.03)
(3.45)
(3.33)
(3.57)
19.89
42.62
3.85
8143.78
1804.86
14.22%
22.01%
8.84%
4.76
31.10
13,496.41
8,536.41
4,960.00
3,180.52
1,594.52
1,586.00
1,805.68
928.68
877.00
6,545.20
4,744.20
1,801.00
1,965.01
1,269.01
696.00
INFORMATION TECHNOLOGY
E-CHANNELLING
PC HOUSE
ECL N
PCH N
DiriSaviB M
MainB
M
TELECOMMUNICATIONS
DIALOG TELEKOM
SRI LANKA TELECOM
DIALN
SLTLN
MainB
MainB
D
D
Note:
Counters which are listed on Dirisavi board will reflect 6 months results under
3QCY2012.
-32.64%
16.72
38.65
(7.68)
11.60
Trailing
EPS
PBV
Mkt Cap Mn
12.22
2.05
na
na
na
na
0.34
0.36
Trailing
PE
23.51
6.7
53.1
na
na
na
na
12.5
7.5
1.63
1.5
2.2
2.8
10.3
2.3
14.6
2.5
1.2
4,991.68
320.16
455.20
45.29
76.48
95.04
490.20
702.00
38.39
104.79
12.62
na
18.55
13.7
11.5
15.4
na
0.94
0.7
0.9
4.4
0.9
670.80
3,042.55
443.78
1,949.96
3.39
4.50
0.05
na
na
na
6.97
na
na
33.98
35.1
15.6
141.5
na
na
na
13.9
na
na
0.99
0.6
1.5
1.2
0.9
0.6
6.0
2.6
6.2
1.1
8,434.13
2,519.20
1,023.43
951.31
5,205.57
109.20
12,157.85
237.56
378.00
2.26
5.46
0.24
0.39
2.74
2.74
na
0.17
0.41
7.38
8.8
4.6
14.8
16.0
9.7
7.3
na
15.1
24.7
1.27
0.9
1.0
1.6
2.5
1.6
1.2
0.8
1.5
1.5
2,491.48
13,419.75
1,718.17
4,632.08
8,877.50
1,034.80
621.80
1,250.00
1,000.00
4.150343
267
0.13
49.8
na
na
1.35
7.7
0.7
818.28
686.80
10.65
8.3
14.7
1.51
1.8
1.3
70,850.87
72,916.34
1.05
2.75
Research
Manager - Research
BalakrishnanNirmalan
Assistant Manager - Research

(94-11)5320362
nirmalan@asiacapital.lk
AmaliPerera
Corporates
(94-11)5320256
amali@asiacapital.lk
Economy
Shan Silva
Yogini Yogarasa
(94-11)5320251
(94-11)5320361
DhanushaPathirana
Travis Gomez
(94-11)5320254
(94-11)5320254
Statistician
NuwanPradeep
(94-11)5320257
Sales
Institutional Sales
Retail Sales
SabriMarikar
(94-11) 5320224
077 3-576868 sabri@asiacapital.lk
ShiyamSubaulla
(94-11)5320218
0773-502016
shiyam@asiacapital.lk
NiroshanWijayakoon
(94-11) 5320208
0777-713645
PriyanthaHingurage
(94-11)5320217
0773-502015
priyantha@asiacapital.lk
ManjulaKumarasinghe
(94-11) 5320211
0777 -874310 manjula@asiacapital.lk
SubeethPerera
(94-11)5320227
0714-042683
subeeth@asiacapital.lk
ChelakaHapugoda
(94-11)5320240
0777 -256740 chelaka@asiacapital.lk
NelukaRodrigo
(94-11)5320214
0777-366280
neluka@asiacapital.lk
ChamindaMahanama
(94-11) 5320223
0777 -556582 mahanama@asiacapital.lk
GaganiJayawardhana
(94-11)5320236
0714-084953
gagani@asiacapital.lk
HiranBibile
(94-11) 5320238
0777 -352032 hiran@asiacapital.lk
ShamalPerera
(94-11)5320219
077-3717558
shamal@asaiacapital.lk
NiroshanRathnam
(94-11) 5320242
0773 -717515 ratnam@asiacapital.lk
NuwanEranga
(94-11)5320246
0777368012
eranga@asiacapital.lk
JeevanHettigoda
(94-11) 5320220
0773 -691256 jeevan@asiacapital.lk
RomeshPriyadarshana
(94-11)5320228
0772548795
priyadarshana@asiacapital.lk
FarajFouz
MiflalFarook
(94-11) 5320210
(94-11) 5320247
0773 -810159 faraj@asiacapital.lk

0772-253730 miflal@asiacapital.lk
RukshanLiyanage
NathashaMunasinghe
IreshaFernando
SharikaRathnayake
(94-11)5320235
(94-11)5320231
(94-11)5320232
(94-11)5320209
077-3413297
0777-569266
0777359012
0777567994
rukshan@asiacapital.lk
nathasha@asiacapital.lk
iresha@asiacapital.lk
sharika@asiacapital.lk
niroshan@asiacapital.lk
Branches
CSE Floor
CSE,01-04, World Trade Centre, Colombo 1.
ThusharaAdhikari
M G Suranjana
(011)-5735122
(011)-5763539
0773-688202
0773-954994
adhikari@asiacapital.lk
Kurunegala
Union Assurance Building, No.6,1stFloor,Rajapilla Rd, Kurunagala.
AsankaSamarakoon
GayanNishsanka
(037)-5628844
(037)-5642717
0773-690749
0777-105356
asanka@asiacapital.lk
nishshanka@asiacapital.lk
Matara
E.H.Cooray Building, Mezzanine Floor, No:24, AnagarikaDarmapala Mw,

Matara
Peoples Leasing Building,2nd Floor,No.118,Matara Road,Galle
(041)-5677525
(041)-5677526
(041)-5620727
(091)-5629998
0773-687307
0778-628798
Galle
SumedaJayawardena
LalindaLiyanapathirana
MaheshaMadurangi
RuchiraHasantha
0773-687027
sumeda@asiacapital.lk
rishan@asiacapital.lk
mahesha@asiacapital.lk
ruchira@asiacapital.lk
Negombo
Asia Asset Finance, 171/1, Station Road, Negombo.
UthpalaKarunatilake
(031)-5676881
0773-691685
uthpala@asiacapital.lk
Moratuwa
Asia Asset Finance, No.18, New De Zoysa Rd, Moratuwa.

CharithPerera
(011)-5238663
charithn@asiacapital.lk
Panadura
Asian Alliance Building, 293, Galle Road, Panadura
RanganathWijetunga
AsankaChaminda
(038)-5670400
(038)-5670407
0715-120723
0713-559552
ranganath@asiacapital.lk
chaminda@asiacapital.lk
Kandy
132 2/7, Hill City Complex,

D. S .Senanayake Street, Kandy.
NilupulHettiarachchi
(081)-5628500
0777410164
nilupul@asiacapital.lk
RadhikaHettiarachchi
TharinduPriyankara
Ravi De Mel
NalakaDhanushka
DanushkaBoteju
KasunNavoda
(081)-5625577
(081)-5625577
(063)-5679071
(063)-5679070
(011)-5634803
0773692242
0777282586
0772-681995
0771-520376
0716-270527
radhika@asiacapital.lk
priyankara@asiacapital.lk
ravide@asiacapital.lk
nalaka@asiacapital.lk
boteju@asiacapital.lk
Ampara
Bandula Cinema Shopping complex, No-103,D S Senanayaka Street, Ampara.
Kiribathgoda
Level 2-6,Udeshi City Shopping complex, No 94,Makola Rd,Kiribathgoda
Service Centers
Hambantota
Hambanthota Chamber of Commerce, ThangalleRoad,Hambantota.
SherminRanasinghe
SamithEdirisinghe
(047)-5679240
0777681866
0775-486869
shermin@asiacapital.lk
samith@asiacapital.lk
Jaffna
62/20, First Floor, Stanley Road, Jaffna
GratianNirmalan
S.Puviraj
(021)-5671800
(021)-5671801
0777-567933
0775-096969
nirmal@asiacapital.lk
puviraj@asiacapital.lk
ASIA WEALTH MANAGEMENT CO. (PVT) LTD.

21-01, West Tower, World Trade Center,
Echelon Square, Colombo 01
The report has been prepared by Asia Wealth Management Co (Private) Limited. The information and opinions contained herein has been compiled or arrived at based upon information obtained from sources believed to be reliable and
in good faith. Such information has not been independently verified and no guaranty, representation or warranty, express or implied is made as to its accuracy, completeness or correctness, reliability or suitability. All such information
and opinions are subject to change without notice. This document is for information purposes only, descriptions of any company or companies or their securities mentioned herein are not intended to be complete and this document is not,
and should not be construed as, an offer, or solicitation of an offer, to buy or sell any securities or other financial instruments. In no event will Asia Wealth Management Co (Private) Limited be liable for any loss or damage including
without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising out of, or in connection with the use of this report and any reliance you place on such information is therefore strictly at your own
risk.
Asia Wealth Management Co (Private) Limited may, to the extent permissible by applicable law or regulation, use the above material, conclusions, research or analysis in which they are based before the material is disseminated to their
customers. Not all customers will receive the material at the same time. Asia Wealth Management Co (Private) Limited, their respective directors, officers, representatives, employees, related persons and/or Asia Wealth Management Co
(Private) Limited, may have a long or short position in any of the securities or other financial instruments mentioned or issuers described herein at any time and may make a purchase and/or sale, or offer to make a purchase and/or sale
of any such securities or other financial instruments from time to time in the open market or otherwise, in each case either as principal or agent. Asia Wealth Management Co (Private) Limited may make markets in securities or other
financial instruments described in this publication, in securities of issuers described herein or in securities underlying or related to such securities. Asia Wealth Management Co (Private) Limited may have recently underwritten the
securities of an issuer mentioned herein. The information contained in this report is for general information purposes only. This report and its content is copyright of Asia Wealth Management Co (Private) Limited and all rights reserved.
This report- in whole or in part- may not, except with the express written permission of Asia Wealth Management Co (Private) Limited be reproduced or distributed or commercially exploited in any material form by any means whether
graphic, electronic, mechanical or any means. Nor may you transmit it or store it in any other website or other form of electronic retrieval system. Any unauthorised use of this report will result in immediate proceedings.
Trade on-line at http://www.cdax.lk

Weekly 25

Uploaded by

Document Information

Original Description:

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Weekly 25

Uploaded by

Copyright:

Available Formats

June 2013

Sri Lanka Focus

21st June 2013

ASIA RESEARCH TEAM 1

Weekly Review by Asia Wealth Management Research

ASI Daily Closing

Colombo Bourse ends in red as economic growth

Colombo Stock Exch

7th October 2011

The ASI shed 64.1 points WoW to close at 6,155.3

Colombo Bourse Billion Ruppee Club

Table below shows the members who have

Analysis of Various Warrants Listed on CSE

Weekly overview of commodity trading

Major Price Movements

Asian Hotels & Properties

Colombo Stock Exch

The market witnessed a lackluster performance

Sri Lanka Telecom

All Share Index

Block transactions dominate the bourse amidst

ASI closing ( LHS)

John Keells Holdings

Commercial Bank Of Ceylon

Nanda Investments And Finance

Seylan Merchant Bank (Non Voting)

Peoples Leasing Company

Nation Lanka Finance

Blue Diamonds (Non Voting)

Sri Lanka Focus

21st June 2013

ASIA RESEARCH TEAM 2

Sri Lanka Focus

21st June 2013

ASIA RESEARCH TEAM 3

Colombo Bourses Billion Rupee Club

JOHN KEELLS HOLDINGS

COMMERCIAL BANK [V]

COMMERCIAL BANK [NV]

SRI LANKA TELECOM

ASIAN HOTEL & PROPERTIES

CEYLINCO INSURANCE [V]

CEYLINCO INSURANCE [NV]

CEYLON COLD STORES

AIT. SPENCE HOTEL HOLD.

CEYLON TEA SERVICES

VALLIBEL ONE LIMITED

LAUGFS GAS [NV]

Sri Lanka Focus

21st June 2013

ASIA RESEARCH TEAM 4

Price According to Black

Sri Lanka Focus

21st June 2013

ASIA RESEARCH TEAM 5

Copper LME (USD/ton)

Brent Crude Oil (USD/barrel)

Source: Bloomberg, AFP, Reuters, CBSL, RDDSL, Asia Siyaka

Sri Lanka Focus

21st June 2013

ASIA RESEARCH TEAM 6

Sri Lanka Focus

21st June 2013