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RCL - Royal Ceramics EmptyToday at 6:54 am by ruwan326

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RCL - Royal Ceramics EmptyMon Nov 11, 2019 12:38 pm by nihal123

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RCL - Royal Ceramics EmptyMon Nov 11, 2019 10:51 am by ruwan326

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RCL - Royal Ceramics EmptySun Nov 10, 2019 7:37 pm by ruwan326

» What's 5G?
RCL - Royal Ceramics EmptySat Nov 09, 2019 3:14 pm by Afourer

» ACL කේබල්ස් ට රුපියල් මිලියන 789 ක ඒරියල් බන්ඩල් සන්නායක කොන්ත්‍රාත්තුවක්
RCL - Royal Ceramics EmptySat Nov 09, 2019 7:50 am by කිත්සිරි ද සිල්වා

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RCL - Royal Ceramics EmptySat Nov 09, 2019 3:05 am by Rana

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RCL - Royal Ceramics EmptyFri Nov 08, 2019 8:36 pm by hammurabi

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RCL - Royal Ceramics EmptyFri Nov 08, 2019 11:03 am by nihal123

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RCL - Royal Ceramics EmptyWed Nov 06, 2019 10:13 pm by seek

» Thought for the day...
RCL - Royal Ceramics EmptyWed Nov 06, 2019 10:24 am by ruwan326

» මෑතකාලීන ආර්ථික ප්‍රවණතා: 2019 සුවිශේෂ සිදුවීම් සහ 2020 අපේක්ෂාවන්
RCL - Royal Ceramics EmptyTue Nov 05, 2019 1:22 pm by nihal123

» DIPD.N0000 (Dipped Products)
RCL - Royal Ceramics EmptySun Nov 03, 2019 9:13 pm by spw19721

» IMF approves disbursement of USD 164 million for Sri Lanka
RCL - Royal Ceramics EmptySun Nov 03, 2019 6:50 pm by Backstage

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RCL - Royal Ceramics EmptySun Nov 03, 2019 5:56 pm by Backstage

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RCL - Royal Ceramics EmptySun Nov 03, 2019 4:44 am by serene

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RCL - Royal Ceramics EmptySat Nov 02, 2019 10:00 pm by hammurabi

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RCL - Royal Ceramics EmptyFri Nov 01, 2019 8:35 pm by Admin

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RCL - Royal Ceramics EmptySun Oct 27, 2019 9:08 pm by PANTOMATH

» දුක බෙදාගත් හැටි
RCL - Royal Ceramics EmptySun Oct 27, 2019 6:48 pm by serene

» මේ විදියට තව අවුරුදු 5ක් ගියොත් දකුණු ආසියාවේ දුප්පත්ම රට බවට ශ්‍රී ලංකාව පත්වේවි – මහාචාර්ය එච්.ඩී. කරුණාරත්න
RCL - Royal Ceramics EmptyFri Oct 25, 2019 9:31 pm by ruwan326

» KFP.N0000(Keels Food Products PLC)
RCL - Royal Ceramics EmptyFri Oct 25, 2019 8:26 am by yellow knife

» CCS.N0000 ( Ceylon Cold Stores)
RCL - Royal Ceramics EmptyThu Oct 24, 2019 5:57 pm by dhanurrox

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RCL - Royal Ceramics EmptyThu Oct 24, 2019 10:13 am by lanka

» Forex Trading කළොත් නඩු
RCL - Royal Ceramics EmptyWed Oct 23, 2019 11:09 am by nihal123

» East West properties
RCL - Royal Ceramics EmptyWed Oct 23, 2019 7:00 am by slstock

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RCL - Royal Ceramics EmptyMon Oct 21, 2019 7:54 am by කිත්සිරි ද සිල්වා

» Devolution of power, civil wars, altruism, nepotism in animal world
RCL - Royal Ceramics EmptyFri Oct 18, 2019 10:15 pm by Backstage

» RCL - Royal Ceramics
RCL - Royal Ceramics EmptyMon Oct 14, 2019 12:47 pm by seek

» Performance of the Market-Weekly
RCL - Royal Ceramics EmptySat Oct 12, 2019 4:29 am by ruwan326

» Confidence to boom after election – CBSL Governor
RCL - Royal Ceramics EmptyFri Oct 11, 2019 4:09 pm by Backstage

» Sri Lanka among top 20 rising stars of world trade
RCL - Royal Ceramics EmptyFri Oct 11, 2019 4:08 pm by Backstage

» CLND Not to miss
RCL - Royal Ceramics EmptyThu Oct 10, 2019 9:24 am by ruwan326

» අපි නොදන්න ගීතයක කතාව
RCL - Royal Ceramics EmptyFri Oct 04, 2019 11:55 am by nuwanmja

» මූඩීස් ප්‍රකාශය පිළිගන්න බැහැ – මහ බැංකුව කියයි
RCL - Royal Ceramics EmptyWed Oct 02, 2019 6:46 am by nihal123

» ආර්ථික වර්ධනය 2.7% ට බසී
RCL - Royal Ceramics EmptyTue Oct 01, 2019 1:29 pm by nihal123

» Ranil agrees to give Sajith candidacy - AdaDetana
RCL - Royal Ceramics EmptyThu Sep 26, 2019 5:05 pm by mymoney

» Cracks in the Real Estate Sector
RCL - Royal Ceramics EmptyThu Sep 26, 2019 2:44 pm by chutiputha

» Films - To Watch List
RCL - Royal Ceramics EmptyFri Sep 20, 2019 8:38 am by Topcat

» ෆිනෑන්ස් බලපත්‍රය අවලංගුයි. අද සිට මුදල් ව්‍යාපාර බැහැ
RCL - Royal Ceramics EmptyFri Sep 20, 2019 7:53 am by serene

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
RCL - Royal Ceramics EmptyThu Sep 19, 2019 4:33 pm by nuwanmja

» Easter Sunday Attack and Sri Lanka
RCL - Royal Ceramics EmptyThu Sep 19, 2019 12:49 pm by Ethical Trader

» Trading Journal
RCL - Royal Ceramics EmptyWed Sep 18, 2019 9:01 am by CK

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RCL - Royal Ceramics EmptyMon Sep 09, 2019 7:47 pm by nihal123

» Happy Birthday
RCL - Royal Ceramics EmptyMon Sep 09, 2019 10:54 am by nuwanmja

»  Rajgama Heroes !
RCL - Royal Ceramics EmptySat Sep 07, 2019 10:24 am by කිත්සිරි ද සිල්වා

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RCL - Royal Ceramics EmptyFri Sep 06, 2019 5:38 pm by Rana

» Thread for News on International Markets
RCL - Royal Ceramics EmptyFri Sep 06, 2019 9:50 am by The Invisible

» JINS.N0000 ( Janashakthi Insurance PLC)
RCL - Royal Ceramics EmptyFri Sep 06, 2019 9:47 am by The Invisible

» Browns Investments update
RCL - Royal Ceramics EmptyFri Sep 06, 2019 6:00 am by sanjulanka

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RCL - Royal Ceramics

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RCL - Royal Ceramics Empty RCL - Royal Ceramics

Post by The Invisible on Wed Nov 14, 2018 7:12 am

Royal Ceramics Sep net down 35-pct on rising costs

ECONOMYNEXT - Profits at Sri Lanka's listed Royal Ceramics fell 35 percent to 440.5 million rupees in the September 2018 quarter on rising interest expenses and higher production and distribution costs, interim accounts showed.

Earnings were 3.98 rupees a share in the quarter. For the six months to end September 2018, earnings were 7.12 rupees a share on a profit of 789.2 million rupees, down 34 percent from a year earlier, accounts filed with the Colombo Stock Exchange showed.

Royal Ceramics, a unit of listed Vallibel One Plc, was trading 2 rupees lower at 75 rupees.

In the quarter, revenue grew 10 percent from a year earlier to 8.3 billion rupees while cost of sales grew a faster 26 percent to 5 billion rupees which contracted gross profits by 13 percent to 2.4 billion rupees.

Distribution costs rose 26 percent to 1.1 billion rupees and administrative expenses rose 24 percent to 471 million rupees.

Net finance cost increased 52 percent to 463 million rupees.

Borrowings had increased 21 percent from six months to earlier to 18.3 billion rupees at end September.

-Listed Subsidiaries-

Royal Ceramics has two listed subsidiaries, Lanka Ceramics Plc and Lanka Walltiles Plc.

Profits at Lanka Walltiles Plc fell 80 percent from a year earlier to 82 million rupees in the September quarter.

Earnings per share was recorded at 1.58 rupees in the quarter. In the six months to end September earnings were 2.45 rupees a share on a profit of 125.2 million rupees, down 75 percent from a year earlier, interim accounts filed with the Colombo Stock Exchange showed.

Lanka Walltiles was trading 2.90 rupees lower at 72 rupees.

In the quarter, revenue grew 11 percent to 4.8 billion rupees but cost of sales grew a faster 29 percent to 3.8 billion rupees, leading to a 26 percent decline in gross profits to 1 billion rupees.

Distribution expenses rose 27 percent to 491 million rupees, administrative costs rose 27 percent to 293 million rupees and finance costs soared 116 percent to 192 million rupees.

Profits at Lanka Ceramic fell 91 percent from a year earlier to 11.8 million rupees in the September quarter as revenues fell 4 percent to 45.4 million rupees and cost of sales grew 7 percent to 26.5 million rupees.

Profits were impacted by other incomes falling 92 percent from a year ago to 10 million rupees.

Lanka Ceramic last traded at 132.50 rupees. (COLOMBO, 13 November 2018)
The Invisible
The Invisible

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RCL - Royal Ceramics Empty Re: RCL - Royal Ceramics

Post by The Invisible on Sat Jul 20, 2019 5:24 pm

RCL Update

December quarter too followed the same trend with YoY PAT down due to higher interest cost. However company was able to turnaround in March with YoY growth in earnings. If they could further manage the interest cost in June 19 quarter they can show a growth in YoY PAT. Historically June quarter revenue to be lower compared to other quarters one should expect lessor PAT in June quarter QoQ.

The stock price was declined to 75/- level as at the beginning of 2019 and further slipped below 60/- by end of May.

However since then the technical charts display some bullish sentiments in the stock pushing back to 70/- levels as at last Friday.

Positive factors for the stock price;
a) Good profit in March quarter and expected good report (YoY) for June quarter
b) Market positive momentum has started to trickle down to RCL as well
c) Current price is only 1/3 rd of its NAV
d) RSI is at 72 moved beyond 70/- levels for the first time for the year with more investor buying interest
The Invisible
The Invisible

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RCL - Royal Ceramics Empty Re: RCL - Royal Ceramics

Post by The Invisible on Tue Jul 23, 2019 7:18 pm

Update after week-end posting

RCL stock price picked up by another 5/- and back @ year-beginning price level.

Some good volumes seen trading today.

RSI moved to 79 from 73 last Friday.
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The Invisible

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RCL - Royal Ceramics Empty Royal Ceramic - RCL

Post by mymoney on Tue Jul 30, 2019 2:56 pm

EPS - 23.75
Book Value - 207.51
Current Price 73.60

Yes SLS talked about this @ 60's..., But I didn't enter.

How is entering @ current price...? (June quarter will not be good for all manufacturing sector shares...)

Is it good for waiting till result...?

mymoney

Posts : 521
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RCL - Royal Ceramics Empty Re: RCL - Royal Ceramics

Post by Fireandwater on Tue Jul 30, 2019 6:35 pm

RCL has a big seller it seems. How ever this is a value share. Will take its time to go up. If you can buy and hold it is a good one. The best way is to read the financial reports of the last two quarters Vs. Last year and then analyse for your self, rather than taking only current picture.

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RCL - Royal Ceramics Empty Re: RCL - Royal Ceramics

Post by mymoney on Wed Jul 31, 2019 8:41 am

Fireandwater wrote:RCL has a big seller it seems. How ever this is a value share. Will take its time to go up. If you can buy and hold it is a good one. The best way is to read the financial reports of the last two quarters Vs. Last year and then analyse for your self, rather than taking only current picture.

Thanks dear...

mymoney

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RCL - Royal Ceramics Empty Re: RCL - Royal Ceramics

Post by seek on Mon Oct 14, 2019 12:47 pm

What would happen if this decision get revised that was implemented in Nov-2015?

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seek
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