Wednesday, September 8, 2010

Stock Market Watch - Colombo Stock Exchange

08/09/2010 (S.L.S.Picks)


















































































Today's Positive Indicators
  • Foreign purchases Rs 1.2 b.n & foreign sales Rs 821 m.n.
  • Net Foreign inflow for the day Rs 371m.n
  • Aitken Spence Company became an Associate Company of DIST. The value of DIST should increase further after this purchase.
  • Richard Pieris Company has announced a sub division of 1 for every 15 shares.
  • A Right Issue of 1 for every 7 shares held by VLL @ Rs 4.00 /share
  • MPRH has return to profitability & recorded Rs 124m.n profit as at 31.03.2010 against a loss of Rs131m.n in 2009.This reflect an EPS of Rs 7.20 /share & NAV has increased to Rs 36.70 /share from Rs 31.26 / share.

STOCKS TO WATCH
  • Distilleries Company
  • Bairaha Farms
  • Richard Pieris Company
  • Balangoda Plantations
  • CIC
  • Kahawatte Plantations
  • Marawila Hotel
  • The Finance

No comments: