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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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Latest topics

» CIFC Dumps to Expand Your Possibilities to Pass Your Exam
RICH.N0000  (Richard Pieris and Company PLC) EmptyFri Jul 19, 2024 10:30 am by faithhharris

» CCS.N0000 ( Ceylon Cold Stores)
RICH.N0000  (Richard Pieris and Company PLC) EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
RICH.N0000  (Richard Pieris and Company PLC) EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
RICH.N0000  (Richard Pieris and Company PLC) EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
RICH.N0000  (Richard Pieris and Company PLC) EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
RICH.N0000  (Richard Pieris and Company PLC) EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
RICH.N0000  (Richard Pieris and Company PLC) EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
RICH.N0000  (Richard Pieris and Company PLC) 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
RICH.N0000  (Richard Pieris and Company PLC) EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
RICH.N0000  (Richard Pieris and Company PLC) EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
RICH.N0000  (Richard Pieris and Company PLC) EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
RICH.N0000  (Richard Pieris and Company PLC) EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
RICH.N0000  (Richard Pieris and Company PLC) EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
RICH.N0000  (Richard Pieris and Company PLC) EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
RICH.N0000  (Richard Pieris and Company PLC) EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
RICH.N0000  (Richard Pieris and Company PLC) EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
RICH.N0000  (Richard Pieris and Company PLC) EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
RICH.N0000  (Richard Pieris and Company PLC) EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
RICH.N0000  (Richard Pieris and Company PLC) EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
RICH.N0000  (Richard Pieris and Company PLC) EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
RICH.N0000  (Richard Pieris and Company PLC) EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
RICH.N0000  (Richard Pieris and Company PLC) EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
RICH.N0000  (Richard Pieris and Company PLC) EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
RICH.N0000  (Richard Pieris and Company PLC) EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
RICH.N0000  (Richard Pieris and Company PLC) EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
RICH.N0000  (Richard Pieris and Company PLC) EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
RICH.N0000  (Richard Pieris and Company PLC) EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
RICH.N0000  (Richard Pieris and Company PLC) EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
RICH.N0000  (Richard Pieris and Company PLC) EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
RICH.N0000  (Richard Pieris and Company PLC) EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
RICH.N0000  (Richard Pieris and Company PLC) EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
RICH.N0000  (Richard Pieris and Company PLC) EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
RICH.N0000  (Richard Pieris and Company PLC) EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
RICH.N0000  (Richard Pieris and Company PLC) EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
RICH.N0000  (Richard Pieris and Company PLC) EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
RICH.N0000  (Richard Pieris and Company PLC) EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
RICH.N0000  (Richard Pieris and Company PLC) EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
RICH.N0000  (Richard Pieris and Company PLC) EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
RICH.N0000  (Richard Pieris and Company PLC) EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
RICH.N0000  (Richard Pieris and Company PLC) EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
RICH.N0000  (Richard Pieris and Company PLC) EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
RICH.N0000  (Richard Pieris and Company PLC) EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
RICH.N0000  (Richard Pieris and Company PLC) EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
RICH.N0000  (Richard Pieris and Company PLC) EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
RICH.N0000  (Richard Pieris and Company PLC) EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
RICH.N0000  (Richard Pieris and Company PLC) EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
RICH.N0000  (Richard Pieris and Company PLC) EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
RICH.N0000  (Richard Pieris and Company PLC) EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
RICH.N0000  (Richard Pieris and Company PLC) EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
RICH.N0000  (Richard Pieris and Company PLC) EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

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    RICH.N0000 (Richard Pieris and Company PLC)

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    RICH.N0000  (Richard Pieris and Company PLC) Empty RICH.N0000 (Richard Pieris and Company PLC)

    Post by yellow knife Mon Aug 10, 2015 5:16 pm

    Like many other diversified businesses Richard Pieris company is also incorporated before 1948. The first business of the company which was a filling station started in 1932. Revenue grew by more than 400% in the first five years. The issued capital was Rs 50,000 and that was enough to provide jobs for 70 employees.

    Today the company is well managed by Dr Sena Yaddehige and the team.

    Revenue of the company is raised from 6 main categories..

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    Last edited by Admin on Thu Dec 26, 2019 8:47 am; edited 1 time in total (Reason for editing : Standardised title)
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    RICH.N0000  (Richard Pieris and Company PLC) Empty Re: RICH.N0000 (Richard Pieris and Company PLC)

    Post by yellow knife Mon Aug 10, 2015 5:18 pm

    Profit contribution is not based on Revenue contribution. Plantation sector contribute to 19% of revenue but only 4% of Profit.

    Its mirror effect is represented by Finance Sector where revenue contribution is mere 3% but profit contribution is 24%

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    Post by yellow knife Mon Aug 10, 2015 5:19 pm

    Following chart will provide a close picture of sector-wise importance of Revenue and Profit

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    Post by yellow knife Mon Aug 10, 2015 5:21 pm

    When Revenue is compared with other Diversified companies Aitkenspence and Richard move in a very close journey...

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    Post by yellow knife Mon Aug 10, 2015 5:22 pm

    but not profit-wise. Richard has failed to prove consistency in profitability targets

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    Post by yellow knife Mon Aug 10, 2015 5:23 pm

    Net Assets and Market Value is shown below

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    Post by yellow knife Mon Aug 10, 2015 5:27 pm

    Revenue growth fits into the trend line.. However profitability is fluctuating...Higher exposure to Plantation sector can be a reason..

    The strict cost controlling can be seen even with the way the annual reports are printed.. Most of annual reports of the company is in black and white compared to many colourful annual reports of even small hotels like Hunnas and Ramboda..

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    Post by yellow knife Mon Aug 10, 2015 5:29 pm

    Debt to Equity ratio is managed within a controllable level

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    Post by yellow knife Mon Aug 10, 2015 5:31 pm

    Dividend per share shows that dividends are paid when the company makes positive earnings..

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    RICH.N0000  (Richard Pieris and Company PLC) Empty Re: RICH.N0000 (Richard Pieris and Company PLC)

    Post by කිත්සිරි ද සිල්වා Mon Aug 10, 2015 5:32 pm

    Thanks YK.
    Very enlightening.
    (Hold a sizeable portion of this in my Pf).
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    RICH.N0000  (Richard Pieris and Company PLC) Empty Re: RICH.N0000 (Richard Pieris and Company PLC)

    Post by chutiputha Mon Aug 10, 2015 5:39 pm

    Thank U YK Sir..Good One,more likes from me Smile
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    Post by HAL9000 Mon Aug 10, 2015 6:11 pm

    This was one of my favourites earlier, but gloomy future of plantations kept me away from this, but it looks like other sectors are showing signs of growth, Retail and Financial
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    RICH.N0000  (Richard Pieris and Company PLC) Empty Re: RICH.N0000 (Richard Pieris and Company PLC)

    Post by කිත්සිරි ද සිල්වා Mon Aug 10, 2015 6:32 pm

    Yes, retail & financial are good and wondering when would they surprise us again for this year. Very Happy
    HAL9000 wrote:This was one of my favourites earlier, but gloomy future of plantations kept me away from this, but it looks like other sectors are showing signs of growth,  Retail and Financial
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    Post by pathfinder Tue Aug 11, 2015 7:11 pm

    Superb presentation YK Very Happy
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    Post by nihal123 Tue Aug 11, 2015 7:55 pm

    Thanks YK
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    Post by Leon Tue Aug 11, 2015 9:26 pm

    Thanks for your time & effort. +
    I'm following the whole series.
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    RICH.N0000  (Richard Pieris and Company PLC) Empty Re: RICH.N0000 (Richard Pieris and Company PLC)

    Post by කිත්සිරි ද සිල්වා Tue Aug 11, 2015 9:53 pm

    Hope it is about time for them to surprise us with a good announcement. Very Happy
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    Post by Nuinth Tue Aug 11, 2015 11:22 pm

    Thx YK. Very useful.
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    Post by Sriranga Tue Aug 11, 2015 11:39 pm

    Really appreciate YK.
    Thanks a lot.
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    RICH.N0000  (Richard Pieris and Company PLC) Empty Re: RICH.N0000 (Richard Pieris and Company PLC)

    Post by serene Wed Aug 12, 2015 5:22 am

    Superb YK.Many likes.
    Lovely presentation and make life so easy.
    Wish Kith's dream come true. Smile Very Happy
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    RICH.N0000  (Richard Pieris and Company PLC) Empty thanks a lot

    Post by Defender Wed Aug 12, 2015 8:24 am

    thanks
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    RICH.N0000  (Richard Pieris and Company PLC) Empty Re: RICH.N0000 (Richard Pieris and Company PLC)

    Post by Ethical Trader Wed Aug 12, 2015 9:44 am

    Nice presentation YK. Thanks.
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    RICH.N0000  (Richard Pieris and Company PLC) Empty Re: RICH.N0000 (Richard Pieris and Company PLC)

    Post by yaka Sat Nov 21, 2015 12:33 pm

    will 02 years tax relief for the plantation companies apply for NAMU,KGAL and MASK? will it come through to RICH??
    what 's the impact of the new implication of exporting value added tea?

    also I heard RK request local manufacturers to use local rubber as much as possible.
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    RICH.N0000  (Richard Pieris and Company PLC) Empty Re: RICH.N0000 (Richard Pieris and Company PLC)

    Post by කිත්සිරි ද සිල්වා Sat Nov 21, 2015 12:39 pm

    Why RICH is silent still ? Very Happy
    (Calm before the storm).
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    RICH.N0000  (Richard Pieris and Company PLC) Empty Re: RICH.N0000 (Richard Pieris and Company PLC)

    Post by Top Trader Sat Nov 21, 2015 7:41 pm

    Removal of VAT on wholesale and retail also will give them considerable savings

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    RICH.N0000  (Richard Pieris and Company PLC) Empty Re: RICH.N0000 (Richard Pieris and Company PLC)

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