Thursday, April 15, 2010

Sri Lanka - Banking Sector Future Growth Stocks / Picks for the Future - Update 02


SRI LANKA STOCK PICKS Exclusive: Listed companies in Sri Lanka have been releasing their earnings for the Last quarter, Nine months, & for the financial year ended 31/12/2009. We have decided to identify BEST PICKS among each & every sector in Colombo Stock Exchange purely based on the latest profit figures released by these companies.

However please note that there is a risk involved in share trading. We do not take responsibility for any lose or damage arising out of stated information in this post. You have to take your own decisions. (Do your own research, do not follow others, Stick to fundamentals, Buy shares when other are selling & sell when others are buying)

Stock
Profit(Rs) 31/12/09
Profit(Rs) 31/12/08
Growth     %   
E.P.S.(Rs) Trailing
   P.E.R.       Trailing(*)
NAVPS(Rs)  31/12/09
Issued Share Capital (M.n.)
  Price(Rs)   26/03/2010
HNB
4,553 b.n
2,831 b.n
    61
     19
      9
    112.00
189.50
   181.25
HNB(X)
4,553 b.n
2,831 b.n
    61
     19
      7
    112.00
  46.20
   136.00
JINS
  657 m.n
  449 m.n
    46
      2
      7
        7.00
 363.00
     14.25
SAMP
2,073 b.n
1,495 b.n
    39
     30
      8
    183.00
   68.90
   227.00
CDIC
  570 m.n
  548 m.n
     4
     13
     11
      95.00
   43.90
   136.00

Note - 
  • Sampath bank details were obtained before the recent  rights issue.
  • Market Price Earnings Ratio was 18.53
VISIT Banking Sector Future Growth Stocks / Picks for the Future - Update 01