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The Investor Sentiment - Equity and investments forum for Sri Lankans

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

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» CIFC Dumps to Expand Your Possibilities to Pass Your Exam
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyFri Jul 19, 2024 10:30 am by faithhharris

» CCS.N0000 ( Ceylon Cold Stores)
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Hayleys buys balance 9.47-stake in Singer Sri Lanka EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

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4 posters

    Hayleys buys balance 9.47-stake in Singer Sri Lanka

    The Invisible
    The Invisible
    The Invisible


    Posts : 3116
    Join date : 2016-11-28
    Age : 45
    • Post n°1

    Hayleys buys balance 9.47-stake in Singer Sri Lanka Empty Hayleys buys balance 9.47-stake in Singer Sri Lanka

    Post by The Invisible Tue Oct 16, 2018 7:28 am

    ECONOMYNEXT - Hayleys Plc, has bought a remaining 9.47 percent stake in consumer durables retailer Singer Sri Lanka Plc, for 1,671 million rupees.

    In September 2017, Hayleys bought control from Singer Sri Lanka for 10.8 billion rupees, in what was the largest trade in the Colombo Stock Exchange.

    Hayleys, and its units Carbotels and Volanka bought a 61.73 percent stake at the time also for 47 rupees a share.

    Retail Holdings NV, the previous parent had the option of selling remaining shares within the next 12 to 15 months.

    Sri Lanka's rupee, which has an unstable soft-peg to the US dollar has fallen since then. (Colombo/Oct15/2018)
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    yellow knife
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    • Post n°2

    Hayleys buys balance 9.47-stake in Singer Sri Lanka Empty Re: Hayleys buys balance 9.47-stake in Singer Sri Lanka

    Post by yellow knife Tue Oct 16, 2018 7:31 am

    Thanks Invisble. Hayleys is a long-term player. Definitely he who control Ceramics, Tiles, aluminum would control the electronic soon.

    Hayleys buys balance 9.47-stake in Singer Sri Lanka 51cYFns4mjL._SX324_BO1,204,203,200_
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    PANTOMATH
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    • Post n°3

    Hayleys buys balance 9.47-stake in Singer Sri Lanka Empty Re: Hayleys buys balance 9.47-stake in Singer Sri Lanka

    Post by PANTOMATH Tue Oct 16, 2018 7:39 am

    With the recent acquisition,HAYL will have more pressure on their finance cost.Unless they go for PP,Debenture or a right issue,HAYL will not be able to make good profit.
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    serene
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    • Post n°4

    Hayleys buys balance 9.47-stake in Singer Sri Lanka Empty Re: Hayleys buys balance 9.47-stake in Singer Sri Lanka

    Post by serene Tue Oct 16, 2018 7:43 am

    Thanks Invinsible.
    If Hayleys values it at 47. Won't it be a better for us to value at 31.
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    PANTOMATH
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    • Post n°5

    Hayleys buys balance 9.47-stake in Singer Sri Lanka Empty Re: Hayleys buys balance 9.47-stake in Singer Sri Lanka

    Post by PANTOMATH Tue Oct 16, 2018 7:49 am

    serene wrote:Thanks Invinsible.
    If Hayleys values it at 47. Won't it be a better for us to value at 31.
    People like DP have longterm plans and they hold like Buffet.We ordinary people shouldn't follow them blindly.To get an idea refer financial statements of last few quarters of SINS.
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    • Post n°6

    Hayleys buys balance 9.47-stake in Singer Sri Lanka Empty Re: Hayleys buys balance 9.47-stake in Singer Sri Lanka

    Post by serene Tue Oct 16, 2018 7:55 am

    PANTOMATH wrote:
    serene wrote:Thanks Invinsible.
    If Hayleys values it at 47. Won't it be a better for us to value at 31.
    People like DP have  longterm plans and they hold like Buffet.We ordinary people shouldn't follow them blindly.To get an idea refer financial statements of last few quarters of SINS.
    Yap.Even the NAV is very low if my memory serves right.
    Should be a speculative play.
    Mandatory offer / or would Hayleys sell as their gearing ratio is not at a comfortable levels.
    No one should invest on this if he is not dare to loose at this juncture.
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    PANTOMATH
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    • Post n°7

    Hayleys buys balance 9.47-stake in Singer Sri Lanka Empty Re: Hayleys buys balance 9.47-stake in Singer Sri Lanka

    Post by PANTOMATH Tue Oct 16, 2018 7:58 am

    serene wrote:
    PANTOMATH wrote:
    serene wrote:Thanks Invinsible.
    If Hayleys values it at 47. Won't it be a better for us to value at 31.
    People like DP have  longterm plans and they hold like Buffet.We ordinary people shouldn't follow them blindly.To get an idea refer financial statements of last few quarters of SINS.
    Yap.Even the NAV is very low if my memory serves right.
    Should be a speculative play.
    Mandatory offer / or would Hayleys sell as their gearing ratio is not at a comfortable levels.
    No one should invest on this if he is not dare to loose at this juncture.
    If my memory serves right DP paid 2 PBV for the transaction.with recent losses SINS NAVPS should be around 17-18,will see with next report.
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    yellow knife
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    • Post n°8

    Hayleys buys balance 9.47-stake in Singer Sri Lanka Empty Re: Hayleys buys balance 9.47-stake in Singer Sri Lanka

    Post by yellow knife Tue Oct 16, 2018 8:24 am

    PANTOMATH wrote:With the recent acquisition,HAYL will have more pressure on their finance cost.Unless they go for  PP,Debenture or a right issue,HAYL will not be able to make good profit.

    Yes... Even Plantation sector will get affected due to Iran sanctions. Hayleys will have tough time ahead. Yet they must have good strategies.. Rights will not be an option in a down market. NDB would have tasted the bitter pill. Dankotuwa also failed rights in a down market.

    However Hayleys will prepare with superb strategies.


    ********************************************************

    Monopolies often perform better than others. Krueger created a Monoploy of a simple product box of matches. Who cares even if the price of small things doubled giving super profits to the manufacturer.

    Hayleys buys balance 9.47-stake in Singer Sri Lanka Scams
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    • Post n°9

    Hayleys buys balance 9.47-stake in Singer Sri Lanka Empty Re: Hayleys buys balance 9.47-stake in Singer Sri Lanka

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