Weekly 37

th
Sri Lanka Focus

30 September 2011
The
Electronic Weekly from ASIA
WEALTH RESEARCH
ASIA RESEARCH TEAM 1
Colombo Stock Market
FOCUS
IN THIS ISSUE;
30th September 2011

Issue Number 37
ASI Daily Closing
(ASI)
Revival towards the end of the week...

Colombo bourse took a sulky stream in the
early weak depicting marginal gains in both indices.
(LKR mn)
7070
6685
5730
6896
Pg 2
4775
6722
Analysis of Various Warrants Listed on the

CSE
Comparison of the warrants trading price
with its intrinsic value (derived through the Black Scholes
Call option valuation method)
Pg 3
Asia Wealths Billion Rupee Club
Pg 4
Commodity Prices
Weekly overview of commodity trading
Pg 5
Is there hope for fundamentals in this

market?
Overall fresh foreign investments and capital
market consultative committee is expected to bring in light
to the gloomy speculative dominated market for the
fundamentals to regain the rightful throne.
Pg 6
Major Price Movements

Company
Price
+/-LKR
Seylan Merchant Bank

Citrus Leisure (W 19)
Alufab Plc
Citrus Leisure(W18)
Sathosa Motors
Miramar
Merc. Shippings
0.4
20.9
58.6
27.9
340
269
369.8
-1.1
-12.1
-13.9
-5.1
-57
-31
84.8
-73.33
-36.67
-19.17
-15.45
-14.36
-10.33
29.75
20,531,900
6,841,700
321,100
6,841,700
38,800
1,000
1,700
Ascot Holdings Plc

Regnis
Singer Ind.
Industrial Asphalts Plc
184
448.7
378
790
49.5
142.7
126
274.9
36.80
46.63
50.00
53.37
4,656,200
1,862,100
636,900
99,400
354
153
76.12
1,891,400
Asian Alliance Insurance
+/- %
Volume
3820
2865
6548
1910
6374
955
6200
0
12- 13- 14- 15- 16- 20- 21- 22- 23- 26- 27- 28- 29- 30Sep Sep Sep Sep Sep Sep Sep Sep Sep Sep Sep Sep Sep Sep
*Market Statistics
Turnover (RHS)
All Share Index

Milanka Price Index
Banking & Finance
Food & Beverage
Diversified
Hotels & Travels
Telecommunication
Manufacturing
Market Capitalisation
(LKR bn)
(USD bn)
Turnover
(LKR mn)
(USD mn)
Average Daily Turnover
(LKR mn)
Volume
(mn shares)
Foreign Purchases
(LKR mn)
Large
Foreign
Sales Trades
(LKR mn)
Company
ASI closing (LHS)
30-Sep
6783.55
6045.11
16377.36
12008.75
2185.13
4417.75
173.98
3615.36
2,435.5
22.2
10,635.0
96.8
1,772.5
470.8
442.7
866.7
23-Sep
6734.6
6023.93
16182.11
12032.51
2186.04
4418.07
176.31
3554.71
2,417.9
22.0
6,838.0
62.3
1,709.5
395.0
420.0
1,085.4
% Chg.
0.7
0.4
1.2
-0.2
0.0
0.0
-1.3
1.7
0.7
0.6
55.5
55.3
3.7
19.2
5.4
-20.1
Volume
Blue Diamonds Plc ( Non voting)

Tess Agro
Blue Diamonds Plc
E-Channeling
Mullers
Seylan Merchant Bank
Panasian Power
62658300
60168700
29086400
20246500
19644500
15846000
14686200
Seylan Merchant Bank (Warrant 16)

Seylan Merchant Bank ( Non Voting)
13393400
13330800
Free Lanka Capital Holdings

Hva Foods Limited
Elephant Lite
Amana Takaful Plc
10520400
7638400
7575900
7521000
Sri Lanka Focus
30th September 2011
The Week in FOCUS

Revival towards the end of the week...
Colombo bourse took a sulky stream in the early weak depicting marginal gains in both indices. Sentiments
deteriorated towards the mid week nevertheless, gained grounds during the latter part to wrap up the week in the
positive territory. The All Share Index gained 48.9 points WoW to close at 6,783.6 points (+0.7%), whilst the Milanka
Price Index also gained 21.2 points WoW to close at 6,045.1 points (+0.4%). The All Share Index gained mainly on the
back of the profits made by Asian Alliance Insurance (+76.1% WoW), Bukit Darah (+2.9% WoW), The Lanka Hospital
Corporation (+21.6% WoW), Environmental resources Investments (+13.1% WoW), Singer Sri Lanka (+7.7% WoW)
and Aitken Spence (+1.5% WoW).
The sluggish momentum triggered primarily due to the regulatory pressure over debt clearance which ended during
this week. This energized activities towards the latter part of the week to start a fresh month on a positive note.
Market saw a relatively strong high net worth & retail buying interest across the board, although a foreign outflow
was witnessed yet again during this week. The market recorded an average daily turnover of LKR1.8bn over the past
week, together with an average daily volume of 78.5mn.
Ascot Holdings that emerged as the top contributor during the last two days of the week was reflected as the top
contributor for the weeks turnover, with a contribution of 7.7%. Furthermore, retail chase on HVA Foods, Radiant
Gems International continued to be witnessed throughout the week. Meanwhile Asian Alliance Insurance was also
amongst the top five contributors list during the week, primarily on the back of High net worth investor participation,
whilst witnessing a small size crossing.
Furthermore, Blue Diamonds (Voting & Non Voting), Tess Agro, EChannelling, Muller & Phipps topped the list in
terms of volumes traded during the week.
Meanwhile offer for subscription of 6mn ordinary voting shares in Trade Finance & Investments Limited
oversubscribed during the week.
In addition, Associated Motor Finance Company, The Kandy Hotels and Renuka Holdings announced final dividends
of LKR3.00, LKR0.16 and LKR0.70 per share respectively, whilst Eden Hotel announced its interim dividend of LKR0.20
per share.
The week saw a net foreign outflow of LKR424.0mn where foreign purchases amounted to LKR442.7 mn whilst
foreign sales amounted to LKR866.7mn.
30th September 2011
Sri Lanka Focus
Features
Analysis of Various Warrants Listed on the CSE
The below table depicts a comparison of the warrants trading price with its intrinsic value (derived through the Black
Scholes Call option valuation method). The 6th column to the right depicts the difference between the intrinsic value
and the traded price. Hence, the positive figures would explain the potential for the respective warrant to further
appreciate. Thus, the negative value would denote that the warrant is overvalued at the current price (assuming the
underlying stock price to be constant). However, it is noted that the intrinsic value is derived based on the current
value of the underlying stock price, its volatility, period to maturity and the risk free rate. Hence, any adverse
movement of the mentioned assumptions would have an adverse impact on the warrant value, and any favourable
movement would positively impact the warrant value (E.g.: if in case the asset price appreciates from the existing, it
would invariably increase the value of the warrant.
CLPL-W-0013
CLPL-W-0014
GREG-W-0002
GREG-W-0003
GREG-W-0006
REEF-W-0017
REEF-W-0018
REEF-W-0019
SEMB-W-0015
SEMB-W-0016
Exercise price
ASSET Price
(2011/09/30)
118.00
142.00
33.00
36.00
39.00
30.00
30.00
40.00
1.00
0.80
85.00
85.00
64.00
64.00
64.00
69.00
69.00
69.00
2.60
0.70
Expiry
Date
25-Aug-14
25-Aug-15
24-Feb-12
24-Feb-14
24-Feb-15
15-Oct-11
30-Jun-12
15-Jun-15
12-Dec-11
12-Dec-11
Warrant Price
(2011/09/30)
12.2
12
29.9
27
26.3
34
27.9
20.9
1.4
0.4
Price According
to Black scholes
model (Intrinsic
Value)
0.749587
0.047465
37.813091
40.057565
40.056536
50.033860
51.707799
50.231453
1.417910
0.019020
Undervalued/
(Overvalued)
(11.45)
(11.95)
7.91
13.06
13.76
16.03
23.81
29.33
0.02
(0.38)
Sri Lanka Focus
30th September 2011
Colombo Bourses Billion Rupee Club

Table below shows the club of 39 members who have qualified to be a part of Asia Wealth Researchs Billion Rupee
Club. The eligibility criteria lie with their earnings reaching LKR1 bn mark. The list will be refreshed on a quarterly
basis identifying the new qualifying members whilst eliminating the disqualifying.
Company
JOHN KEELLS HOLDINGS
DISTILLERIES
COMMERCIAL BANK
CARSON CUMBERBATCH
BUKIT DARAH
CEYLON TOBACCO
DIALOG TELEKOM
HNB
SRI LANKA TELECOM
LOLC
SAMPATH BANK
CEYLON GUARDIAN
AITKEN SPENCE
DIMO
DFCC BANK
NDB
NESTLE LANKA
COLOMBO DOCKYARD
CENTRAL FINANCE
BROWNS
AHOT PROPERTIES
EXPOLANKA HOLDINGS
CEYLON INVESTMENT
CHEVRON LUBRICANTS
CEYLON TEA SERVICES
ROYAL CERAMICS
CEYLINCO INSURANCE
RICHARD PIERIS
NATIONS TRUST BANK
UNITED MOTORS
LANKA ORIX FINANCE
CEYLON THEATRES
LB FINANCE
HEMAS HOLDINGS
CARGILLS
LION BREWERY
AIT. SPENCE HOTEL HOLD.
UNION ASSURANCE
COLOMBO FORT LAND
Trailing ROE
14.44%
26.17%
19.80%
28.34%
47.40%
191.82%
17.66%
17.35%
9.77%
32.74%
22.72%
33.23%
12.23%
55.66%
88.28%
15.12%
114.96%
28.18%
18.27%
12.88%
13.72%
24.30%
55.84%
23.54%
28.12%
17.33%
29.48%
16.98%
29.93%
35.46%
10.36%
40.11%
12.95%
15.61%
20.79%
12.24%
41.08%
23.45%
Net Profit 4qtr

LKR mn
8,602.71
8,602.28
7,235.20
7,136.10
6,712.64
5,977.00
5,511.17
5,430.54
5,006.00
4,839.06
4,254.78
3,785.80
2,647.17
2,580.31
2,449.49
2,417.52
2,252.96
2,211.53
2,092.34
1,968.09
1,882.72
1,583.31
1,564.18
1,548.52
1,506.87
1,468.11
1,461.93
1,421.02
1,326.33
1,249.77
1,246.09
1,228.11
1,190.09
1,180.61
1,137.13
1,109.64
1,100.48
1,036.20
1,016.81
Market Capitalization
LKR mn
173,132.39
51,900.00
87,908.30
113,924.05
109,140.00
73,430.91
67,593.36
61,621.74
86,633.28
47,044.80
34,194.21
25,376.10
54,403.47
11,983.19
33,985.52
22,659.86
47,047.39
17,793.64
28,108.73
19,504.80
39,628.39
12,068.07
19,704.00
16,000.00
14,679.59
15,700.00
19,766.28
14,412.96
10,453.30
30,240.00
34,696.93
10,804.11
19,969.58
44,800.00
16,720.00
24,212.88
8,775.00
10,170.00
30th September 2011
Sri Lanka Focus
Commodity prices
WEEKLY (DATE AS AT)
02.09.11
09.09.11
16.09.11
23.09.11
30.09.11
Crude Oil (Barrel USD)
114.29
114.55
115.34
105.49
104.41
Gold (Ounce USD)
1829.10
1870.62
1781.40
Copper( Ton.USD)
9167.25
9117.25
8744.75
WoW %
Change
-1.02
METAL
1742.90
1626.91
-6.66
8738.50
7215
-17.43
344.46
(16Sept)
367.61
(23 Sept)
347.45
(30 Sep)
-5.48
AGRI
Tea SLR/Kg
Rubber (RSS 1) LKR
315.37
(Sept 02)
344.05
(Sept 09)
481.50
(August 30)
484.50
(Sept 06)
485.75
(Sept 08)
485.75
(Sept 08)
485.75
(Sept 27)
02.09.11
09.09.11
12.08.11
23.09.11
30.09.11
109.99
156.98
109.99
152.74
110.07
151.82
110.3
148.56
110.17
158.44
STG (GBP)
YEN
177.94
1.43
175.60
1.42
173.66
1.44
169.4
1.44
179.22
1.42
5.79
-1.39
YUAN (CNY)
17.24
17.23
17.24
17.27
17.21
-0.35
Exchange Rates
( LKR)
USD
EURO
WoW%
Change
-0.12
6.81
OIL
Brent Crude Oil dipped 1 percent week over week following unstable economic news in the U.S. and Europe. Brent
crude, which is used to price oil that's produced overseas, fell to $104.41 a barrel in London.
GOLD
Gold prices held steady after a surprisingly large majority of German lawmakers accepted a bigger financial burden in
bailing out weak Euro zone economies, Asian buyers lifted demand for physical gold.
COPPER
Copper prices had a violent end on Friday to a quarter that has seen prices of industrial metals buffeted by fears that
slowing global growth will undermine demand. Three-month copper on the London Metal Exchange fell to $7,215 a
tonne, and has lost nearly a quarter of its value this month, the biggest drop since the financial crisis of 2008.
USD
The U.S. dollar moved lower against the Japanese yen in Asian trade, following labour data suggesting improved
labour conditions feeding an appetite for risk investment away from the greenback.
Sri Lanka Focus
30th September 2011
Market Outlook
A Hope for fundamentals in this market?
The ASI closed higher 49.0 points (WoW) and the MPI also edged up 21.1 points (WoW) during the week ended
30.09.2011.
Heavy activities in the banking finance and insurance sector led to a staggering rise 195.3 points (WoW). However the
bourse continued its see-saw momentum with many investors cherry-picked speculative counters and created exorbitant
price appreciations
Central Banks relaxation on exchange control measures enabled corporate entities to borrow from foreign sources
which resulted in 14 private companies obtaining foreign loans amounting to US$ 197.1 million by mid-September 2011.
In addition, with the Central Bank granting permission for overseas companies to open places of business created in 20
new foreign companies commencing business year to date.
Furthermore Securities and Exchange Commission during the week announced the appointment of high level and
unbiased Consultative Committee for the development of capital markets and to make certain a healthy and
comprehensive progress of the industry.
Overall fresh foreign investments and capital market consultative committee is expected to bring in light to the gloomy
speculative dominated market for the fundamentals to regain the rightful throne.
30th September 2011
Sri Lanka Focus
FOCUS on investment
Key Buys
Charts Sourced from Direct FN
Tokyo Cement
N LKR50.00
Manufacturing
X LKR37.10
TKYO, being the joint market leader in the cement industry, has its
grinding facility located in Trincomalee, ideally located for the
rebuilding boom. TKYO, a direct beneficiary of construction sector
upturn, is in a strong position to take advantage of increasing demand
in current excess capacity. TKYO completed a 10 MW bio mass power
plant which provides them significant cost advantage together with
additional boost to top line.
Colonial Motors
Motor
N LKR466.30
COLO has penetrated into the domestic market by introducing KIA vehicles at
significantly reduced prices. That has been highly successful though it led to
reduce the gross profit margin of the company. Gross profit margin has slightly
improved from 24% to 25% on QoQ basis however it has dipped YoY to record a
drop from 37.5% to 24.7% during 1QFY12. Nevertheless going forward,
company would be able to improve margins by simply skimming the prices of
vehicles together with attaining better margins in Sale of spare parts and repairs
business.
Expo Lanka Holdings
Diversified
N LKR12.00
With the boom in the Sri Lankan economy and government expenditure on road,
sea, air and rail infrastructure which paves way towards tourism and
international trade, the revenue growth in transport and international trading
expects to fatten contributing to the overall earnings of the company. EXPOs
asset light businessmodel couple with high future earnings anticipates delivering
higher ROEs.
John Keells Holdings
Diversified
N LKR205.90
Going forward, with the growth in GDP, per capita income and increase in tourist
arrivals we anticipate the consumer retail and the leisure sector to boom. Hence
we expect the forward PE multiples to be 17.3X and 14.0X in FY12 and FY13
respectively. Hence the heavy weight JKH is considered to be a value stock.
30th September 2011
Sri Lanka Focus
FOCUS on investment
Asian Hotels
Hotel
N LKR89.50
Asian Hotels and Property Development PLC is well poised to ride the expected
growth in the hotel sector of the country. We expect to see a healthy growth in
the industry, shouldered by the improvement in both the tourist arrivals to the
country as well as the growth in the overall economy.
Chemical Industries
N LKR130.00
Chemicals & Pharmaceuticals
X 83.00
With countrys agricultural sector achieving a phenomenal growth during the

FY2010, and with vast opportunities unfolding in North & East, CIC is well
positioned to reap benefits as a pioneering firm catering predominantly to
agricultural sector. Acquisition of dairy farms in north & east region coupled with
CICs plans to expand overseas will strengthens companys earnings in the
medium to long term.
Commercial Bank
N LKR113.70
Banking
X 79.00
Commercial Bank is the largest private sector commercial bank with an asset
base of LKR370.3bn and operates with a 400 ATM points, which is also the
largest single network in the country. Towards the future, bank is well
positioned with capital, to take advantage of the strong credit demand
prevailing in the low interest rate economy.
Distilleries Company
Food & Beverage
N LKR172.90
Distilleries with its insurance segment, power plant operating in full capacity,
together with its plantation segment generating higher earnings driven by the
demand for tea will result a bottom line growth. In addition its beverage
segment that has a seasonal impact which is shouldered by the expected
foreign influx has great potential in the forthcoming periods. In addition, with
DISTs current cash rich position, we can expect the company to expand their
diversification strategies.
30th September 2011
Sri Lanka Focus
FOCUS on investment
Hatton National Bank
N LKR198.00
Banking
X 92.10
HNB, the second largest private commercial bank with a total asset base of
LKR323.3 bn and a strong network of over 200 branches, is continuing its focus
on expanding its branch network. HNB which has a relatively larger retail deposit
base is projected to enjoy higher interest spreads and would also benefit from
the growth in SME lending. Banking sector earnings are expected to be robust
with interest margins of around 6% to be maintained in 2011E.
Chevron Lubricants
Manufacturing
N LKR163.70
LLUB with a renowned history in paying high dividends, during FY10 company
paid LKR1,470mn as dividends which is a payout of 98% opposed to 96%
dividend payout in FY09(LLUB paid LKR1440mn dividends in FY09). Going
forward we do not expect a drastic change in companys dividend policy. Hence,
LLUB would definitely find its way to an equity portfolio based on recurring
income in terms of mammoth dividends, but not in terms of value.
LB Finance
Banking & Finance
N LKR153.30
LB Finance is a leading registered finance company engaged in Leasing and Hire
Purchase business. Company is operating with a total asset base of LKR 3bn and
an island wide branch net work of 34. With satisfactory liquidity levels and
capital adequacies, company is poised to take advantage in the prevailing low
interest rate regime.
.
Royal Ceramics
Manufacturing
N LKR132.50
A reconstruction boom in the North and East would drum up the overall
economic growth whilst RCL would strongly benefit from the growing demand in
the Western and Southern provinces. Further, with the local tourism expected to
rebound hotel capacity building would prompt additional demand for highly
quality tiles. Further, cost rationalising process in the factories and value added
product manufacturing would strengthen company earnings.
Sri Lanka Focus
30th September 2011
FOCUS on investment
Sampath Bank
Banking
N LKR218.10
Bank will continue its aggressive expansion to ensure its spread of service
through the island. As the pioneer in blending IT with banking, the company will
revamp its existing products and innovate new customer focus products. With
the expansions in construction of tourism related infrastructure and expansion
of existing industries loan book is expected to grow further.
30th September 2011
Sri Lanka Focus
Stock Exchange Announcements

As at 30th September 2011
Rights issues
......................................................................................
Peoples Merchant
SUGA
: 04 for 05 rights issue @LKR15.00

:01 for 04 rights issue @LKR18.00
Sub-division of shares
...........................................................................................
Eastern Merchant
: Seventy (70) shares for every one (01) share held
Capitalization of reserves
...........................................................................................
Alliance Finance Company :One (01) new share for every Two (02) shares held
Consideration: LKR10.00
Share Swap
...........................................................................................
Ceylon and Foreign Trades : One (01) share for every Ninety One point Three One Five (91.315) shares held
30th September 2011
Sri Lanka Focus

Dividend Announcements
.......................................................................................
Company
Distilleries Corporation of Sri Lanka
Sigiriya Village Hotels
Colonial Motors
Harischandra Mills
Swadeshi Industrial Works
Elpitiya Plantation
Lanka Ventures
Lanka Ashok Leyland
Eastern Merchants
Sierra Cables
Raigam Wayamba Salterns
York Arcade holdings
J.L. Morison Son & Jones
Gestetner of Ceylon
Cargills (Ceylon)
Metropolitan Resources Holdings
Finlays Colombo
Renuka City Hotels
Cargo Boat Development Co.
Lanka Aluminium Industries
E B Creasy
Lankem Ceylon
The Colombo Fort Land & Building Co
Brown & Company
Peoples Finance
Coco Lanka
Renuka City Hotels
Industrial Asphalts
Ceylon Printers
Kalamazoo Systems
Office Equipment
Sinhaputhra Finance
Lanka Ceramic
Browns Investments PLC
CT Holdings PLC
Senkadagala Finance Limited
The Autodrome PLC
Renuka Agri Foods PLC
Renuka Holdings PLC
E.B Creasy & Co.PLC
Lanka Ceramics PLC
Sinhaputhra Finance PLC
Multi Finance PLC
Abans Electricals
Chilaw Finance
Dividend per share

Final Dividend of LKR2.50
First & Final LKR1.00
First & Final Dividend of LKR1.50
Final Dividend LKR1.50
First and Final Dividend LKR30.00
First & Final dividend LKR0.10
First & Final Dividend LKR0.30
Second & Final Dividend LKR20
First & Final Dividend LKR 1.50
Interim Dividend of LKR1.25
Final Dividend(voting & Non Voting) LKR1.00
Interim Dividend of LKR 0.10
Final Dividend of LKR 1.00
Interim Dividend of LKR 4.00
Final(Voting & Nonvoting) of LKR 0.50
First and Final Dividend of LKR 0.10
XD Date
13.09.2011
19.09.2011
26.09.2011
26.09.2011
26.09.2011
27.09.2011
16.09.2011
22.09.2011
19.09.2011
16.09.2011
16.09.2011
20.09.2011
26.09.2011
26.09.2011
30.09.2011
02.09.2011
05.09.2011
26.09.2011
26.09.2011
27.09.2011
30.09.2011
03.10.2011
03.10.2011
08.09.2011
12.09.2011
19.09.2011
26.09.2011
26.09.2011
03.10.2011
03.10.2011
03.10.2011
30.09.2011
30.09.2011
16.09.2011
19.09.2011
22.09.2011
21.09.2011
21.09.2011
28.09.2011
30.09.2011
30.09.2011
30.09.2011
03.10.2011
03.10.2011
Payment Date
21.09.2011
27.09.2011
04.10.2011
04.10.2011
04.10.2011
05.10.2011
26.09.2011
30.09.2011
27.09.2011
26.09.2011
23.09.2011
28.09.2011
30.09.2011
30.09.2011
10.10.2011
13.10.2011
09.10.2011
29.10.2011
29.09.2011
05.10.2011
10.10.2011
12.10.2011
12.10.2011
19.09.2011
21.09.2011
21.09.2011
29.09.2011
04.10.2011
07.10.2011
07.10.2011
07.10.2011
10.10.2011
10.10.2011
27.09.2011
28.09.2011
30.09.2011
28.09.2011
30.09.2011
30.09.2011
10.10.2011
10.10.2011
10.10.2011
12.10.2011
12.10.2011
Sri Lanka Focus
30th September 2011

Scrip Dividend Announcements
Renuka Holdings PLC
: Scrip Dividend 1.75438 for every 100 shares XD:28.09.2011
Renuka Holdings (Non-Voting) :Scrip Dividend 2.85714 for every 100 shares XD:28.09.2011
30th September 2011
Sri Lanka Focus
Valuation Guide
M.CAP.
Bn
YE SH(mn)
Company
FINANCIAL SERVICES
Earnings
Price
EPS (LKR)
FY08
FY09
FY10 FY11E
FY12E FY08
FY09
PER
FY10 FY11E FY12E FY08 FY09
FY10 FY11E FY12E
DPS
DY
ROE
BVPS
PBV
Commercial Bank
Dec
357
82.2
230.20
4,120
4,193
5,510
6,414
7,078
10.8
11.0
14.4
16.8
18.6
21.3
20.9
15.9
13.7
7.00
3%
16%
87.9
2.6
Commercial Bank
Dec
24
3.8
156.50
4,120
4,193
5,510
6,414
7,078
10.9
11.1
14.4
16.8
18.6
14.3
14.1
10.9
9.3
7.00
4%
16%
82.8
1.9
Sampath Bank
Dec
156
38.3
244.80
1,495
2,073
3,485
4,915
5,316
9.6
13.3
22.3
31.4
34.0
25.6
18.5
11.0
7.8
7.2
4.00
1.6%
20%
113.1
2.2
NDB Bank
Dec
164
23.0
140.10
2,150
2,085
4,267
4,593
5,281
13.1
12.7
26.0
28.0
32.2
10.7
11.0
5.4
5.0
4.4
8.00
5.7%
15%
93.6
1.5
LB Finance
Dec
69
11.9
171.50
206
360
500
1,020
1,613
3.0
5.2
7.2
14.7
23.3
57.7
33.0
23.7
11.6
7.4
3.50
2.0%
47%
37.7
4.5
Central Finance
Mar
102
28.2
277.80
1,211
1,127
1,046
1,500
1,781
17.5
16.3
15.1
21.7
25.7
9.8
10.5
11.4
7.9
6.7
6.0
2.2%
11%
449.6
0.6
CONGLOMERATES
Hayleys
Mar
75
29.3
390.00
453
311
1,731
725
957
6.0
4.1
23.1
9.7
12.8
64.6
94.1
16.9
40.4
30.6
2.0
0.5%
14%
164.7
2.4
John Keells Hold.
Mar
840
181.7
216.20
5,119
4,732
5,202
8,246
10,690
6.1
5.6
6.2
9.8
12.7
35.5
38.4
34.9
22.0
17.0
2.3
1.0%
9%
70.9
3.0
1955
25.0
12.80
310
518
1,578
1,803
0.0
0.2
0.3
0.8
0.9
na
80.8
48.3
15.9
13.9
na
na
12%
2.2
5.8
Expolanka
(50)
FOOD & BEVERAGE

Bairaha Farms
Mar
16
4.1
256.80
86
134
529
772
5.4
0.2
8.4
33.1
48.2
47.8 1584.8
30.6
7.8
5.3
3.0
1.2%
11%
74.8
3.4
Distilleries
Mar
300
52.8
176.00
4,101
3,387
2,136
8,146
4,824
13.7
11.3
7.1
27.2
16.1
12.9
15.6
24.7
6.5
10.9
2.5
1.4%
7%
106.8
1.6
Mar
442.78
40.9
92.3
847.39
531
630
1,774
2,091
1.9
1.2
1.4
4.0
4.7
48.2
77.0
64.9
23.0
19.5
2.0
2.2%
5%
31.0
3.0
Royal Ceramics
Mar
110.79
16.3
147.00
611
518
964
1,459
2,378
5.5
4.7
8.7
13.2
21.5
26.7
31.4
16.9
11.2
6.8
4.0
2.7%
18%
47.4
3.1
Chevron Lubricants
Dec
120.00
19.8
165.00
948
1,495
1,501
1,603
1,717
8.6
13.5
13.6
14.5
15.5
19.3
12.2
12.2
11.4
10.6
7.3%
54%
23.1
7.1
Tokyo (Voting)
Mar
202.50
10.8
53.50
572
347
291
1,093
1,270
1.9
1.1
1.0
3.6
4.2
28.4
46.9
55.8
14.9
12.8
1.65
3.1%
5%
18.7
2.9
Tokyo (NV)
Mar
101.25
4.1
40.00
572
347
291
1,093
1,270
1.9
1.1
1.0
3.6
4.2
21.2
35.1
41.7
11.1
9.6
1.65
4.1%
5%
18.7
2.1
Lanka Walltile
Mar
54.60
5.8
106.20
361
279
478
408
701
6.6
5.1
8.8
7.5
12.8
16.1
20.8
12.1
14.2
8.3
2.3
2.2%
15%
56.6
1.9
Piramal Glass
Mar
950.09
8.2
8.60
35
(261)
(61)
579
528
0.0
-0.3
-0.1
0.6
0.6
na
na
na
14.1
15.5
0.3
3.5%
-3%
2.3
3.7
Dec
843.48
13.0
15.40
1,783
1,342
724
1,004
1,056
2.1
1.6
0.9
1.2
1.3
7.3
9.7
17.9
12.9
12.3
4%
20.3
0.8
DIMO
Mar
8.88
12.6
1425.00
205
103
278
2,006
2,128
23.1
11.6
31.4
225.9
239.8
61.7
122.8
45.4
6.3
5.9
7.0
0.5%
8%
377.4
3.8
COLONIAL MOTORS PLC
Mar
9.12
4.4
485.00
40
229
842
1,232
-0.2
4.4
25.1
92.2
135.1
na
110
19
15.4
25.8
5.3%
15%
168.4
2.9
Kegalle Plantations
Mar
25.00
3.9
156.50
421
205
376
783
887
16.8
8.2
15.0
31.3
35.5
9.3
19.0
10.4
5.0
4.4
3.0
1.9%
22%
68.4
2.3
Namunukula Plantations
Mar
23.75
2.2
94.10
230
41
147
461
539
9.7
1.7
6.2
19.4
22.7
9.7
55.0
15.2
4.9
4.1
na na
16%
39.0
2.4
Laugfs GasV)
Mar
42.00
29.00
(85)
243
527
1,003
1,183
na
0.6
1.4
2.6
3.1
na
66.9
30.8
16.2
13.7
8%
18.9
2.2
Mar
335.00
52.00
14.1
Laugfs Gas(NV)
(85)
243
527
1,003
1,183
na
0.6
1.4
3.0
3.9
na
46.2
21.3
9.6
7.5
8%
122.1
0.2
TOURISM
Asian Hotels
MANUFACTURING
12.0
Land and Property

Overseas Realty
Mortor
(2)
PLANTATIONS
Power And Energy

1.5
CHEM & PHARMACEUTICALS

Chemical industries
Mar
72.90
9.6
132.00
510
408
601
935
1143
5.4
4.3
6.3
9.9
12.1
24.5
30.7
20.8
13.4
10.9
1.9
1.4%
12%
51.5
2.6
Chemical industries(NV)
Mar
21.87
2.0
91.00
510
408
601
935
1143
5.4
4.3
6.3
9.9
12.1
16.9
21.2
14.4
9.2
7.5
1.9
2.0%
12%
51.5
1.8
Haycarb
Mar
29.71
4.8
160.00
180
225
633
716
781
6.0
7.6
21.3
24.1
26.3
26.5
21.1
7.5
6.6
6.1
5.0
3.1%
10%
77.4
2.1
30th September 2011
Sri Lanka Focus
Price as at 30th September2011
Broad Market Valuation Guide

Year
Company
End
MARKET
TELECOMMUNICATIONS
Price
Price Performance
(LKR) 1W(%) 1M(%) 1Q(%)
0.73
(1.39)
(0.62)
(1.32)
(7.12)
(8.64)
Shares Trailing
Mn
BVPS
ROE
18.01%
12.76%
Net Profit
4Qtrs
159,533.05
10,517.17
Trailing
PBV
Mkt Cap Mn
Mar'11
37,510.54
2,453.78
Net Profits
Dec'10
40,860.37
2,817.30
Trailing
Jun'11
40,423.59
2,526.19
Sept'10
37,700.85
2,719.90
Jun10
26,922.21
2,143.10
EPS
PE
15.27
14.66
2.75
1.87
2,435,500.00
DIALOG TELEKOM
DIAL
8.30
(1.18)
(2.33)
(5.62)
8143.78
17.66%
3.83
5,511.17
1,384.19
1,158.78
1,275.30
1,692.90
1,374.10
0.68
12.3
2.2
67,593.36
SRI LANKA TELECOM
SLTL
48.00
(1.43)
(10.56)
(10.89)
1804.86
9.77%
28.39
5,006.00
1,142.00
1,295.00
1,542.00
1,027.00
769.00
2.77
17.3
1.7
86,633.28
41,563.42
8,386.42
7,512.01
12,154.52
9,224.20
9,263.81
14.16
2.73
FINANCIAL SERVICES
19.28%
Banking
24,583.72
4,861.60
6,373.94
6,934.46
5,405.23
7,610.75
COMB X
230.20
0.26
(49.51)
(54.00)
357.04
19.80%
95.80
7,235.20
1,976.00
2,064.90
1,772.50
1,421.80
1,206.10
18.97
12.1
2.4
COMMERCIAL BANK [V]
COMB
156.50
2.46
(49.03)
(50.84)
24.44
19.80%
95.80
7,235.20
1,976.00
2,064.90
1,772.50
1,421.80
1,206.10
18.97
8.3
1.6
3,824.38
DFCC BANK
DFCC
128.20
(2.06)
(5.52)
(12.36)
265.10
88.28%
10.47
2,449.49
683.04
611.12
630.40
524.93
3,323.90
9.24
13.9
12.2
33,985.52
HNB
198.00
(0.50)
(7.78)
(3.56)
311.22
17.35%
80.58
5,430.54
1,292.53
1,221.31
1,868.80
1,047.90
1,220.00
13.98
14.2
2.5
61,621.74
HNB X
92.00
(2.85)
(17.69)
(20.47)
77.15
17.35%
80.58
5,430.54
1,292.53
1,221.31
1,868.80
1,047.90
1,220.00
13.98
6.6
1.1
7,098.08
NTB
62.50
(1.28)
(6.50)
230.61
16.98%
33.88
1,326.33
360.40
375.85
235.82
354.26
280.96
5.75
10.9
1.8
14,412.96
23,004.69
COMMERCIAL BANK [NV]
HNB [V]
HNB [NV]
NATIONS TRUST BANK
82,190.66
NDB
140.10
0.66
(0.29)
(8.00)
164.20
15.12%
97.37
2,417.52
396.68
605.34
607.28
808.22
433.40
14.72
9.5
1.4
PAN ASIA BANK
PABC
25.00
(0.40)
1.21
(3.46)
295.04
19.34%
10.81
617.07
210.03
196.02
81.84
129.17
83.20
2.09
12.0
2.3
7,376.03
SAMPATH BANK
SAMP
244.80
(1.04)
(8.32)
(9.16)
156.33
22.72%
119.80
4,254.78
1,134.80
980.05
1,350.60
789.33
746.07
27.22
9.0
2.0
38,269.40
11,318.67
NDB
SEYB
65.30
1.40
7.43
(5.10)
173.33
49.94
645.03
(303.90)
249.04
387.23
312.66
311.80
1.91
34.2
1.3
SEYLAN BANK [NV]
SEYBX
36.00
3.13
14.51
6.76
164.75
3.82%
49.94
645.03
(303.90)
249.04
387.23
312.66
311.80
1.91
18.9
0.7
5,930.88
HDFC
HDFC
1800.00
2.05
7.29
21.30
6.47
10.59%
303.13
207.78
120.52
70.31
16.96
5.32
32.11
56.1
5.9
11,647.89
UBC
22.00
-0.90
-4.35
-13.39
9,570.00
SEYLAN BANK [V]
UNION BANK
349.25
Finance Co.s & / Merchant Banks

ACAP
87.00
ALLIANCE FINANCE
ALLI
ARPICO FINANCE
ARPI
CENTRAL FINANCE
CFIN
ASIA CAPITAL
(2.68)
(7.45)
1199.80
5.99
(0.02)
135.00
3.37
3.85
277.80
(2.70)
(1.73)
3.82%
1.42%
71.23
71.23
27.20%
10,756.44
3,112.99
(0.01)
19.12
402.02
1,684.55
2,279.10
1,399.24
110.00
63.42%
11.43
797.50
0.64
248.30
275.72
272.85
108.75
7.25
12.0
7.6
9.27
1.62
23.74%
631.91
243.02
81.93
103.56
38.70
18.82
16.00
150.01
8.0
1.9
22.84
4.46
8.17%
73.52
26.82
3.76
5.61
6.64
10.80
5.40
6.01
22.5
1.8
602.44
(80.77)
101.50
18.27%
112.86
2,092.34
618.20
532.13
472.10
469.91
276.24
20.61
13.5
2.5
28,196.70
(17.30)
1,943.68
CSF
20.10
10.33
(0.98)
(15.42)
199.93
28.95%
1.69
97.65
(23.25)
0.49
41.2
na
4,018.60
LOLC
99.00
(0.20)
(0.40)
(1.50)
475.20
32.74%
31.10
4,839.06
1,725.04
600.02
718.10
1,795.89
726.19
10.18
9.7
3.2
47,044.80
LB FINANCE
LFIN
171.50
(3.52)
(8.00)
(11.64)
69.26
40.11%
42.84
1,190.09
351.02
391.18
227.71
220.18
181.16
17.18
10.0
4.0
11,877.60
MERCHANT BANK
MBSL
40.00
9.24
2.81
(10.47)
135.00
17.17%
21.59
500.52
48.23
126.55
164.28
161.46
103.00
3.71
10.8
1.9
5,400.00
PEOPLE'S MERCHANT
SEYLAN MERCHANT [V]
PMB
SEMB
M
D
19.00
2.60
(12.04)
22.73
(24.60)
12.50
37.50
826.49
23.39%
3.26%
16.10
na
141.23
17.53
135.06
(22.15)
(16.38)
18.76
25.30
3.22
(17.12)
22.00
3.77
0.01
5.0
205.6
1.2
na
712.50
2,148.86
SEMB X
TFC
D
M
0.70
43.00
14.29
-0.71
14.29
16.90
42.57
560.00
57.97
3.26%
93.17%
na
na
(22.15)
26.39
18.76
(2,074.13)
22.00
0.01
55.4
na
0.7
na
392.00
2,492.55
1.83
28.4
3.7
1,947.61
1.57
30.0
3.7
3,202.62
3.27
5.82
20.80
9.81
9.81
4.75
na
0.92
1.00
218.55
0.83
0.45
1.15
0.55
13.6
21.0
1.6
7.1
5.6
4.2
na
27.8
30.9
7.1
73.3
24.3
61.0
49.4
3.6
1.6
0.2
2.9
0.3
1.0
na
2.4
29.8
1.0
2.0
8.6
7.4
1.4
1,849.00
768.10
187.65
3,245.58
311.24
1,067.36
1,900.00
721.76
6,760.31
4,695.37
1,370.18
30,240.00
2,590.00
29,554.41
-
NATION LANKA
LOLC
SEYLAN MERCHANT [NV]

THE FINANCE
17.53
(3,225.63)
(34.77)
(3.16)
165.57
3.22
(440.50)
(29.99)
(2.76)
17.70
17.70
(737.39)
CRL
52.00
4.00
6.78
-12.61
37.45
12.90%
14.18
68.54
45.98
22.56
PEOPLES LEASING FINANCE
SMLL
47.00
12.23
1.08
7.34
68.14
12.31%
12.74
106.89
70.39
35.63
VALLIBEL FINANCE
SINHAPUTRA
SINGER FINANCE
CITIZENS DEVELOPMENT FINANCE
CITIZENS DEVELOPMENT FINANCE
SENKADAGALA FINANCE
SWARNAMAHAL FINANCE
CHILAW FINANCE LIMITED
COMMERCIAL CREDIT LIMITED
MERCANTILE INVESTMENTS
MULTI FINANCE
LANKA ORIX FINANCE
ABANS FINANCIAL SERVICES
VALLIBEL ONE LIMITED
VFIN
SFL
SFIN
CDB
CDB
SFCL
SFS
CFL
COCR
MERC
MFL
LOFC
AFSL
VONE
M
M
X
M
M
M
M
M
M
M
M
M
44.50
122.00
33.10
70.10
54.90
20.00
76.00
25.70
31.00
1562.00
61.00
10.80
70.00
27.20
0.45
6.00
3.63
0.00
3.63
0.00
-3.04
7.98
-0.96
0.00
13.53
0.00
-5.41
-2.86
-1.56
6.00
0.00
-5.27
0.00
0.00
-15.09
-1.53
5.80
0.00
-4.88
0.93
-5.28
-4.56
-0.67
20.69
0.00
-13.46
0.00
0.00
7.75
-7.22
8.01
0.00
67.31
0.00
7.36
0.00
41.55
6.30
5.67
46.30
5.67
53.37
25.00
28.08
218.07
3.01
22.46
2800.00
37.00
1086.56
26.33%
7.65%
12.54%
46.23%
46.23%
22.72%
na
8.76%
96.40%
14.02%
2.71%
35.46%
12.12%
2.77%
12.43
76.05
165.86
23.82
194.56
20.89
0.00
10.56
1.04
1558.51
30.69
1.26
9.48
19.90
AMANA TAKAFUL INS.
ATL
2.70
0.00
22.73
12.50
1000.00
-1.06%
0.91
ASIAN ALLIANCE
AAIC
354.00
77.92
199.25
162.64
37.50
9.11%
34.02
116.21
CAPITAL REACH
Insurance
135.95
36.64
117.92
509.94
509.94
253.30
25.97
218.76
656.97
18.69
1,246.09
42.49
598.17
48.15
4,531.19
306.42
(9.70)
51.27
80.20
80.20
-
36.65
36.64
60.88
219.04
219.04
27.70
517.48
3,076.71
0.87
23.45
5.77
210.7
210.7
65.50
65.50
630.58
61.58
11.20
(20.90)
(14.70)
na
na
3.0
2,700.00
(172.50)
288.71
79.30
3.10
114.2
10.4
13,275.00
CINS
785.00
-1.91
19.35
10.66
20.00
17.33%
319.30
1,461.93
344.36
286.31
732.34
19.79
55.35
14.2
2.5
15,700.00
CINS X
362.50
0.67
15.45
9.85
6.41
17.33%
319.30
1,461.93
344.36
286.31
732.34
98.93
19.80
55.35
6.5
2.1
2,325.25
AVIVA NDB
CTCE
280.00
3.70
-0.14
1.78
30.00
32.23%
94.05
909.37
34.20
147.62
613.44
114.11
(47.00)
30.31
9.2
3.0
8,400.00
HNB ASSURANCE
HASU
63.90
6.03
-0.81
2.16
50.00
17.83%
27.69
246.83
24.62
24.74
180.80
16.67
24.19
4.94
12.9
2.3
3,195.00
UAL
JINS
D
D
117.00
15.70
6.94
0.00
9.69
0.64
8.25
-3.68
75.00
363.00
41.08%
28.51%
33.63
7.44
1,036.20
770.35
64.55
58.81
511.97
770.35
400.87
-
na
13.82
2.12
8.5
7.4
3.5
2.1
8,775.00
5,699.10
1,692.07
105.40
218.57
458.81
909.28
192.24
CDIC
CDIC
410.00
3.14
10.81
14.24
43.86
12.40%
115.66
628.92
30.97
106.44
221.14
270.38
104.43
14.34
28.6
3.5
17,980.55
FIRST CAPITAL
CFVF
18.50
1.65
-1.07
-11.90
101.25
60.25%
5.94
947.55
56.94
79.92
208.80
601.90
51.05
9.36
2.0
1.2
1,873.13
LANKA VENTURES
LVEN
42.80
5.16
-3.17
1.66
50.00
14.14%
16.36
115.59
17.50
32.22
28.87
37.01
36.76
2.31
18.5
2.6
2,140.00
CEYLINCO INSURANCE [V]

CEYLINCO INSURANCE [NV]
UNION ASSURANCE
JANASHAKTHI
Venture Capital Co.s
98.93
30th September 2011
Sri Lanka Focus

Year
Company
End
BEVERAGE FOOD AND TOBACCO
Price
Price Performance
(LKR) 1W(%) 1M(%) 1Q(%)
-
Shares Trailing
Mn
ROE
31.64%
BVPS
Net Profit
4Qtrs
23,048.01
Trailing
PBV
Mar'11
8,335.00
Dec'10
5,506.66
Net Profits
Sept'10
4,107.10
Trailing
Jun'11
5,099.25
Jun10
3,483.03
EPS
PE
13.48
4.27
Mkt Cap Mn
BFL
256.80
3.47
(3.10)
(21.57)
16.00
34.93%
78.19
436.99
55.18
103.45
163.91
114.45
104.13
27.31
9.4
3.3
4,108.80
CARGILLS
CARG
200.00
(4.31)
(0.54)
1.71
224.00
15.61%
32.53
1,137.13
325.97
268.12
290.74
252.30
312.00
5.08
39.4
6.1
44,800.00
CEYLON BREWERY
BAIRAHA FARMS
BREW
436.00
9.14
(12.80)
20.99
22.57%
127.72
605.06
176.25
165.66
163.91
99.23
123.89
28.83
15.1
3.4
9,150.81
CEYLON COLD STORES
CCS
115.00
3.61
12.23
(80.88)
95.04
5.47%
47.21
245.26
124.29
38.07
45.43
37.47
78.57
2.58
44.6
2.4
10,929.60
CEYLON TEA SERVICES
CTEA
800.00
(1.68)
(3.44)
20.00
23.54%
320.08
1,506.87
250.58
658.60
300.80
296.88
130.00
75.34
10.6
2.5
16,000.00
CEYLON TOBACCO
CTC
392.00
(0.46)
0.13
10.73
187.32
191.82%
16.63
5,977.00
1,819.00
814.00
2,396.00
948.00
1,116.00
31.91
12.3
23.6
73,430.91
COCO LANKA [V]
COCO
70.00
5.26
5.90
0.14
21.60
24.42%
49.11
280.56
18.28
49.83
55.70
156.75
32.49
11.99
5.8
1.4
1,512.00
COCO LANKA [NV]
COCOX
55.00
9.56
5.77
0.73
1.80
24.42%
49.11
280.56
18.28
49.83
55.70
156.75
32.50
11.99
4.6
1.1
99.00
SOY
405.00
9.71
11.93
12.34
2.75
29.63%
82.46
67.20
11.73
17.51
21.02
16.94
7.00
24.44
16.6
4.9
1,113.75
DISTILLERIES
DIST
176.00
0.70
(0.40)
(3.84)
300.00
26.17%
109.58
8,602.28
1,238.92
5,027.62
1,218.80
1,116.94
866.60
28.67
6.1
1.6
52,800.00
FERNTEA
FERN
3.50
6.00
na
na
na
na
na
na
na
na
na
21.00
HARISCHANDRA MILLS
HARI
2400.00
50.00
50.00
26.31
0.96
12.82%
12.60
13.35
26.64
10.72
68.46
35.1
4.5
2,303.52
13,947.61
CONVENIENCE FOOD
0.00
533.90
65.71
13.13
KFP
118.10
(7.58)
(1.42)
118.10
118.10
15.29%
2.87
51.91
15.82
0.67
19.55
15.88
(5.45)
0.44
268.7
41.1
KOTMALE HOLDINGS
LAMB
46.10
(0.22)
(6.68)
1.32
31.40
13.51%
18.11
76.86
22.09
25.20
16.80
12.77
15.03
2.45
18.8
2.5
1,447.54
LION BREWERY
LION
209.00
0.90
0.90
(0.15)
80.00
20.79%
66.72
1,109.64
332.40
313.79
286.89
176.56
236.17
13.87
15.1
3.1
16,720.00
KEELLS FOOD PRODUCTS
LMF
126.20
10.43
32.92
26.54
40.00
4.64%
48.52
90.02
57.41
55.54
(74.50)
51.57
2.25
56.1
2.6
5,047.75
NESTLE LANKA
NEST
880.00
(2.70)
(2.71)
24.32
53.73
114.96%
36.48
2,252.96
644.35
615.49
421.80
571.32
415.00
41.93
21.0
24.1
47,278.41
THREE ACRE FARMS
TAFL
112.00
4.11
(2.07)
7.19
23.55
53.92%
19.55
248.28
3.03
41.26
124.67
79.32
24.57
10.54
10.6
5.7
2,637.04
RENUKA AGRI
RAL
56.60
7.20
7.20
66.43
14.72%
14.38
140.62
49.32
na
91.30
na
2.12
26.7
3.9
3,759.86
30.65
41.80
25.75
22.50
2.97
26.6
3.8
2,367.00
LANKA MILK FOODS
(6.19)
TEA SMALLHOLDERS
TSML
78.90
(1.38)
(2.17)
30.00
14.24%
20.84
89.02
RAIGAM WAYAMBA SALTERNS LTD
RWSL
4.50
(2.17)
282.21
9.68%
2.37
64.65
47.62
na
17.03
na
0.23
19.6
1.9
1,269.93
HVA
56.60
13.80
26.32
18.03
401.25
10.33%
1.12
46.33
45.89
na
na
na
0.12
490.2
50.6
22,710.75
1.30
(0.37)
(9.17)
3,629.28
541.55
904.96
1,332.56
850.21
476.74
CHMX
122.50
(2.00)
6.52
15.75
3.10%
80.36
39.19
1.14
0.61
13.50
23.94
4.12
2.49
49.2
1.5
1,929.38
CIC
132.00
(1.52)
(1.22)
(4.62)
72.90
14.04%
95.23
974.70
203.80
169.60
382.67
218.63
184.00
10.28
12.8
1.8
9,622.80
CHEMICAL INDUSTRIES [NV]
CIC X
91.00
(2.70)
(9.68)
(16.16)
21.87
14.04%
44.57
974.70
203.80
169.60
382.67
218.63
184.00
10.28
8.8
3.4
HAYCARB
HAYC
160.00
6.68
12.70
15.31
29.71
17.34%
91.69
472.51
124.77
111.22
89.08
147.44
157.35
15.90
10.1
1.7
INDUSTRIAL ASPHALTS
ASPH
790.00
52.77
57.51
102.29
0.67
4.03%
102.53
2.76
0.61
1.34
0.26
0.54
0.45
4.13
191.1
7.7
526.58
J.L. MORISON [V]
MORI
3450.00
4.55
4.23
(13.75)
0.58
20.72%
2223.68
347.83
37.45
93.20
28.10
189.08
20.72
598.85
5.8
1.6
2,003.86
J.L. MORISON [NV]
MORI X
2300.00
(8.18)
(0.04)
(23.33)
0.17
20.72%
2223.68
347.83
37.45
93.20
28.10
189.08
20.70
1,996.17
1.2
1.0
400.77
LANKEM CEYLON
LCEY
325.00
(1.54)
(7.33)
(22.52)
24.00
31.65%
124.35
944.44
111.22
202.20
567.12
63.90
69.20
39.35
8.3
2.6
7,800.00
SINGALANKA
SING
231.50
(6.63)
(23.09)
(86.02)
5.54
565.74%
13.41
420.25
(0.11)
215.55
205.31
(0.50)
(0.77)
75.85
3.1
17.3
1,282.70
MULLERS
MULL
3.20
3.23
23.08
18.52
283.00
19.99%
0.41
22.96
8.53
5.45
2.83
6.15
9.22
0.08
39.4
7.9
905.60
UNION CHEMICALS
UCAR
800.00
14.29
6.67
12.68
1.50
23.37%
162.10
56.81
16.70
12.58
15.58
11.96
11.75
37.88
21.1
4.9
1,200.00
(0.22)
1.82
2,223.14
150.71
437.18
859.61
775.64
275.73
COLOMBO DOCKYARD
DOCK
260.00
(1.81)
4.12
5.30
2,211.53
210.49
466.80
739.25
795.00
283.00
LANKEM DEVELOPMENTS
MTD WALKERS
LDEV
KAPI
M
M
18.20
45.10
1.10
5.31
(8.50)
(3.18)
(5.67)
(13.96)
(1.61)
(58.16)
(6.89)
(22.73)
(5.74)
126.10
(5.33)
(14.03)
(2.54)
(2.80)
25,494.77
6,436.00
6,864.95
5,569.52
6,624.30
3,889.85
AITKEN SPENCE
SPEN
134.00
1.52
(3.60)
(2.62)
406.00
12.23%
53.30
2,647.17
550.74
910.90
579.04
606.49
439.50
6.52
20.6
2.5
54,403.47
CARSON CUMBERBATCH
CARS
580.10
(0.63)
(3.65)
(3.32)
196.39
28.34%
128.20
7,136.10
3,506.32
1,747.41
906.83
975.54
1,186.90
36.34
16.0
4.5
113,924.05
CEYLON THEATRES
CTHR
189.50
2.43
0.80
2.43
183.10
10.36%
64.73
1,228.11
244.05
234.56
335.53
413.96
91.00
6.71
28.3
2.9
34,696.93
COLOMBO FORT LAND
CFLB
56.50
(2.74)
(9.39)
(21.41)
180.00
23.45%
24.09
1,016.81
90.32
367.41
425.89
133.20
184.00
5.65
10.0
2.3
10,170.00
FINLAYS COLOMBO
JFIN
319.10
11.96
15.41
30.24
35.00
4.80%
147.63
248.23
60.38
12.89
84.51
90.45
50.45
7.09
45.0
2.2
11,168.50
HAYLEYS
HAYL
390.00
2.66
3.42
(1.21)
75.00
5.32%
211.25
842.63
268.58
144.31
89.90
339.83
150.67
11.24
34.7
1.8
29,250.00
HEMAS HOLDINGS
HHL
39.00
0.26
(6.25)
(12.56)
512.04
12.95%
17.81
1,180.61
261.97
311.08
311.40
296.17
291.48
2.31
16.9
2.2
19,969.58
JOHN KEELLS HOLDINGS
JKH
216.20
(1.53)
(2.74)
2.44
840.35
14.44%
70.91
8,602.71
1,367.61
2,550.67
1,757.11
2,927.32
1,010.49
10.24
21.1
3.0
181,684.56
DUNAMIS CAPITAL
CSEC
17.70
(1.66)
(15.64)
21.92
123.00
52.47%
11.22
724.22
11.92
16.33
345.40
350.57
98.57
5.89
3.0
1.6
2,177.05
RICHARD PIERIS
RICH
10.20
2.00
(1.92)
(15.00)
1937.87
29.48%
2.49
1,421.02
10.84
335.34
640.60
434.25
270.49
0.73
13.9
4.1
19,766.28
SUNSHINE HOLDINGS
SUN
38.00
5.56
1.88
(11.63)
133.33
18.73%
17.91
447.17
63.28
234.05
93.32
56.53
116.30
3.35
11.3
2.1
5,066.67
SOFTLOGIC HOLDINGS
SHL
22.00
1.84
-3.91
0.00
779.00
1,309.77
237.08
0.81
15.8
3.6
HVA FOODS
CHEMICALS & PHARMACEUTICALS

CHEMANEX
CHEMICAL INDUSTRIES [V]
CONSTRUCTIONS
DIVERSIFIED
(0.04)
20.42%
(0.07)
18.97%
68.44
28.18%
60.00 -161.00%
114.36
0.81%
114.67
0.20
33.77
15.80%
(19.57)
31.18
(9.18)
(5.46)
(1.81)
8.38
10.81
1.71
2.05
32.31
8.0
2.3
17,793.64
na
0.27
na
165.4
89.8
1.3
1,092.00
5,157.51
18.918
2.99
EXPOLANKA HOLDINGS
EXPO
12.80
-0.83
-5.51
-12.41
1954.92
3.59
1,583.31
273.54
FREE LANKA CAPITAL HOLDINGS
FLCH
3.80
0.00
2.70
-15.56
1368.00
4.61
493.29
493.29
4,753.98
0.8
30th September 2011
Sri Lanka Focus

Year
Company
End
Price
Shares Trailing
Price Performance
(LKR) 1W(%) 1M(%) 1Q(%)
Mn
ROE
0.01
(3.19) (5.95)
-23.61%
BVPS
Net Profit
4Qtrs
(1,547.62)
Net Profits
Sept'10
119.82
Trailing
Trailing
Dec'10
(621.19)
Jun10
(89.88)
EPS
PE
PBV
Mkt Cap Mn
(148.46)
Mar'11
(809.51)
CEYLON LEATHER
CLPL
85.00
(0.35)
(5.89)
(11.12)
34.23
6.38%
55.57
121.44
20.41
16.58
36.79
47.66
22.80
3.55
24.0
1.5
2,909.87
HAYLEYS - MGT
MGT
30.60
(7.19)
(7.19)
(13.89)
49.18
-97.64%
32.01
(1,537.15)
(168.87)
(799.53)
(625.70)
56.95
(24.40)
na
na
1.0
1,504.83
KURUWITA TEXTILES
KURU
29.50
3.94
2.11
6.62
25.00
-23.46%
58.16
(341.10)
(59.12)
(108.30)
(48.40)
(125.28)
na
na
0.5
737.50
ODEL
ODEL
35.90
2.02
(1.94)
(3.01)
144.95
12.89%
11.20
209.19
32.56
76.02
63.61
37.00
1.44
24.9
3.2
5,203.71
ORIENT GARMENTS
OGL
31.50
21.24
54.92
FOOTWEAR AND TEXTILES
HOTELS AND TRAVELS
3.29
(0.01)
(4.85)
(1.80)
(2.24)
na
na
1.58
105.14
6.27%
City Hotels
4,743.12
505.82
3,189.87
1,183.20
1,035.71
(4.38)
1,999.19
475.72
1,386.33
678.11
617.40
251.79
38.28
3.09
AHOT PROPERTIES
AHPL
92.30
(0.56)
(2.19)
(49.44)
442.78
13.72%
30.98
1,882.72
296.67
803.63
456.59
325.84
188.47
4.25
21.7
3.0
40,868.16
GALADARI
GHLL
32.40
(1.22)
(1.82)
(11.96)
182.43
7.44%
8.51
115.53
(18.43)
43.71
35.47
54.78
(39.81)
0.63
51.2
3.8
5,910.86
HOTEL DEVELOPERS
HDEV
142.50
1.28
(0.97)
5.56
45.23
25.46%
-105.53
(1,215.22)
na
na
na
6,444.72
HOTEL SERVICES
SERV
22.20
0.91
0.91
0.91
176.00
2.11%
9.06
33.68
(2.32)
52.70
(13.10)
(3.60)
(7.78)
0.19
116.0
2.4
3,907.20
RENUKA CITY HOTEL
RENU
342.00
(0.29)
(4.20)
(4.15)
7.00
22.05%
222.94
344.14
177.65
28.76
15.98
121.76
35.30
49.16
7.0
1.5
2,394.00
TAJ LANKA
TAJ
46.00
(3.96)
(3.96)
(10.31)
139.64
7.43%
14.37
149.18
22.15
52.65
46.65
27.73
18.77
1.07
43.1
3.2
6,423.32
TRANS ASIA
TRAN
84.50
5.63
0.60
(55.53)
200.00
14.01%
24.60
689.15
404.90
136.53
90.89
56.84
3.45
24.5
3.4
16,900.00
2,743.94
30.10
1,803.53
505.09
418.31
(256.17)
AIT. SPENCE HOTEL HOLD.
AHUN
72.00
(2.72)
(3.50)
(5.42)
336.29
12.24%
26.74
1,100.48
85.18
590.15
272.70
152.45
(19.00)
3.27
22.0
2.7
24,212.88
AMAYA LEISURE
CONN
104.90
(1.50)
(4.64)
(12.51)
48.03
61.90%
15.11
449.36
50.93
67.60
66.60
264.23
61.69
9.36
11.2
6.9
5,038.79
BBH
17.60
2.92
0.57
(3.83)
129.60
0.85%
20.98
23.01
29.00
(51.97)
25.00
20.98
4.21
0.18
99.1
0.8
2,280.96
CEYLON HOTELS CORP.
CHOT
31.50
(0.32)
(8.70)
22.09
171.83
1.36%
35.74
83.55
(21.29)
117.56
(8.27)
(4.45)
(12.00)
0.49
64.8
0.9
5,412.49
CONFIFI HOTEL HLDG.
PALM
239.50
1.17
(9.81)
(9.81)
7.20
-3.50%
198.47
(49.99)
(63.37)
50.48
(4.49)
(32.62)
(37.00)
na
na
1.2
1,724.40
RIVERINA HOTELS
BHR
107.00
2.10
0.75
1.81
14.18
-3.06%
124.94
(54.21)
(47.66)
34.27
(15.50)
(25.33)
(48.64)
na
na
0.9
1,517.44
BERUWALA WALK INN
BINN
185.00
5.11
2.78
0.90
14.72%
-170.32
(22.57)
(4.45)
(6.94)
(3.05)
(8.13)
(6.92)
na
na
na
166.50
EDEN HOTELS
EDEN
42.00
1.20
(0.24)
1.94
52.80
7.23%
25.89
98.81
(21.13)
81.23
20.30
18.41
(18.42)
1.87
22.4
1.6
2,217.60
HOTEL SIGIRIYA
HSIG
71.40
2.00
(0.83)
(3.38)
5.86
9.82%
32.52
18.71
4.08
3.85
5.39
5.39
0.34
3.19
22.4
2.2
418.33
HUNAS FALLS
HUNA
83.50
2.47
(1.25)
(6.07)
5.63
22.34%
13.87
17.43
5.08
2.17
2.82
7.36
2.18
3.10
26.9
6.0
469.69
KANDY HOTELS
KHC
249.00
8.55
6.14
16.50
0.99%
340.98
55.96
9.42
16.85
9.84
19.85
2.20
3.39
73.4
0.7
4,108.50
JOHN KEELLS HOTELS
KHL
15.50
(0.65)
(4.35)
(4.35)
1456.15
5.84%
7.97
677.46
7.27
521.28
206.20
(57.28)
(167.95)
0.47
33.3
1.9
22,570.28
LIGHT HOUSE HOTEL
LHL
51.10
(1.73)
(2.67)
(7.09)
46.00
3.03%
49.57
69.13
(2.62)
48.06
17.10
6.59
(11.27)
1.50
34.0
1.0
2,350.60
MIRAMAR
MIRA
269.00
(5.27)
9.55
(25.14)
2.75
na
0.00
(13.10)
na
(13.10)
na
na
na
739.75
MAHAWELI REACH
MRH
31.60
(5.00)
4.53
2.22
47.07
-39.52%
18.68
(347.42)
NUWARA ELIYA
NEH
1750.00
16.67
13.64
4.54
2.00
8.41%
779.19
PEGASUS
PEG
65.00
5.03
(4.15)
4.35
27.35
6.21%
37.29
REEFCOMBERS
REEF
69.00
(4.99)
(9.86)
(8.41)
47.19
0.42%
ROYAL PALMS
RPBH
71.00
(4.57)
5.97
9.23
50.00
SIGIRIYA VILLAGE
SIGV
106.00
(0.19)
17.13
STAFFORD/DOLPHIN
STAF
51.00
5.97
11.71
TANGERINE
TANG
86.20
(12.93)
SERENDIB HOTELS [V]
SHOT
30.00
(3.83)
SHOT X
23.00
8.21
MARAWILA RESORTS
MARA
11.60
3.57
FORTRESS RESORTS
RHTL
28.00
Resort Hotels
BROWNS BEACH HOTELS
SERENDIB HOTELS [NV]
INVESTMENT TRUST
(1.45)
(13.67)
(161.00)
(186.61)
13.85
(6.72)
na
na
1.7
1,487.30
131.35
0.78
49.18
24.50
56.90
12.10
65.55
26.7
2.2
3,506.77
63.31
21.67
16.05
13.24
12.35
7.21
2.31
28.1
1.7
1,777.91
30.10
6.00
(17.20)
15.72
5.67
1.81
(5.48)
0.13
542.4
2.3
3,256.24
7.46%
27.40
102.15
1.17
64.97
26.94
9.08
(3.39)
2.04
34.8
2.6
3,550.00
9.00
7.15%
54.91
35.34
(3.83)
21.50
6.08
11.59
(6.72)
3.93
27.0
1.9
954.00
21.18
31.62
5.34%
22.19
37.50
11.54
43.90
(6.71)
(11.23)
(5.29)
1.19
43.0
2.3
1,612.70
1.41
(0.92)
20.00
4.42%
93.95
83.00
4.70
69.46
11.55
(2.72)
(12.48)
4.15
20.8
0.9
1,724.00
10.26
32.02
75.51
5.83%
12.66
82.41
(5.52)
75.28
15.80
(3.15)
28.26
0.74
40.6
2.4
2,265.44
10.34
23.00
36.01
5.83%
12.66
82.41
(5.52)
75.28
15.80
(3.15)
28.30
0.74
31.1
1.8
828.25
(4.13)
9.43
122.50
1.33%
7.31
11.86
(13.31)
na
0.10
119.8
1.6
1,421.00
10.61
110.89
13.41%
5.67
na
0.76
36.8
4.9
3,104.83
(5.57)
5.01
(1.41)
(2.49)
26.82%
25.18
84.40
6,360.23
108.69
2,550.84
955.83
(24.29)
364.45
2,489.12
1,028.68
8.14
2.18
ASIAN COTTON MILLS
ASCO
184.00
39.12
55.00
55.00
7.99
2.17%
73.36
12.70
(2.34)
46.60
(18.30)
(13.26)
5.00
1.59
115.7
2.5
1,469.33
CEYLON GUARDIAN
GUAR
309.10
(0.42)
(3.41)
2.25
82.10
33.23%
138.76
3,785.80
1,714.33
492.51
184.62
1,394.34
586.00
46.11
6.7
2.2
25,376.10
CEYLON INVESTMENT
CINV
122.50
(2.20)
(4.07)
(6.82)
98.51
24.30%
65.33
1,564.18
699.66
97.30
767.22
317.82
15.88
7.7
1.9
12,068.07
COLOMBO FORT INV.
CFI
347.30
8.53
12.47
6.86
5.00
7.70%
33.82
13.03
1.54
2.85
4.50
4.14
9.91
2.61
133.3
10.3
1,736.50
COLOMBO INV. TRUST
CIT
335.00
11.67
6.35
(1.62)
5.50
7.15%
22.85
8.99
1.47
1.54
3.60
2.38
8.40
1.63
204.9
14.7
1,842.50
SHAW
390.10
26.35
25.26
35.63
5.12
0.70%
437.86
15.76
35.28
1.18
(20.70)
(17.45)
3.08
126.7
0.9
1,997.52
RENUKA HOLDINGS [V]
RHL
62.00
(3.43)
8.77
2.82
43.75
40.31%
44.24
780.04
100.97
323.15
1.30
354.62
119.00
15.60
4.0
1.4
2,712.50
RENUKA HOLDINGS [NV]
RHL
40.00
2.56
11.73
5.82
6.25
40.31%
309.66
780.04
100.97
323.15
1.30
354.62
119.00
15.60
2.6
0.1
250.00
WAPO
167.00
6.10
(1.96)
(13.09)
25.83
21.76%
31.97
179.73
(0.07)
(9.31)
188.73
0.38
na
6.96
24.0
5.2
4,314.25
BLI
62.50
-11.85
-5.45
20.20
SHAW WALLACE
WATAPOTA INVESTMENTS
BIMPUTH LANKA INVESTMENTS
3.99
30th September 2011
Sri Lanka Focus

Year
Company
End
LAND AND PROPERTY
Price
Price Performance
(LKR) 1W(%) 1M(%) 1Q(%)
1.75
(4.80) 19.54
Shares Trailing
Mn
ROE
5.80%
BVPS
Net Profit
4Qtrs
2,125.81
PBV
Mar'11
796.72
Dec'10
753.24
Net Profits
Sept'10
239.97
Trailing
June'12
341.47
Jun10
181.83
Trailing
EPS
PE
23.50
Mkt Cap Mn
1.36
32.74
52.27
22.84
23.13
20.79
2.69
11.2
0.7
1,462.50
8.58
16.89
115.26
15.63
15.33
7.9
1.8
1,240.32
C T LAND
CTLD
30.00
(1.94)
(3.50)
5.21
48.75
5.92%
45.35
130.98
CARGO BOAT
CABO
121.60
(5.08)
(4.34)
(4.42)
10.20
23.01%
66.61
156.36
CEYLINCO HOUSING
CHOU
23.00
4.07
(13.21)
20.42
13.38 -188.39%
5.63
(141.88)
(17.40)
(26.76)
(55.50)
(42.22)
(38.34)
na
na
4.1
307.74
CSD
13.90
1.46
(5.44)
20.87
147.96
0.57%
29.65
24.96
54.95
0.45
13.09
(43.52)
(25.33)
0.17
82.4
0.5
2,056.71
COLOMBO LAND
CLND
65.00
5.33
60.99
199.88
0.42%
13.98
11.68
5.93
0.96
2.40
2.40
0.06
1112.4
4.6
12,992.27
COMMERCIAL DEVELOP.
COMD
104.80
(4.64)
4.38
(17.60)
12.00
11.38%
60.38
82.46
21.19
13.64
37.69
9.94
11.00
6.87
15.3
1.7
1,257.60
EAST WEST
EAST
33.10
(4.58)
(27.45)
128.08
138.24
4.28%
3.19
18.86
17.28
4.37
23.70
(26.49)
0.14
242.7
10.4
4,575.74
EQUITY ONE
EQIT
54.00
8.85
(0.56)
4.13
40.32
3.67%
36.19
53.58
4.17
30.60
27.93
(9.11)
(7.66)
1.33
40.6
1.5
2,177.37
EQUITY TWO
ETWO
30.30
(0.34)
(10.15)
(11.25)
31.00
6.04%
16.47
30.84
2.45
10.91
15.51
1.96
1.10
0.99
30.5
1.8
939.30
HUEJAY
HUEJ
185.10
14.81
20.26
13.70
1.80
-19.42%
7.51
(2.63)
(1.41)
(1.21)
na
na
na
na
24.6
333.18
KELSEY DEVELOPMENTS
KDL
30.70
14.07
10.00
67.39
17.43
-10.70%
7.29
(13.59)
(3.96)
(6.66)
(4.70)
1.73
0.92
na
na
4.2
535.08
ON'ALLY HOLDINGS
ONAL
74.10
6.24
(17.15)
(8.10)
17.50
8.63%
58.74
88.71
13.77
56.24
9.04
9.67
10.05
5.07
14.6
1.3
1,296.81
OVERSEAS REALTY
OSEA
15.40
(1.35)
(2.67)
(2.01)
843.48
5.09%
20.37
874.99
162.57
124.72
499.95
87.74
160.00
1.04
14.8
0.8
12,989.66
PDL
68.50
7.24
(3.68)
11.64
66.00
14.76%
28.46
277.28
71.00
74.91
76.18
55.20
54.90
4.20
16.3
2.4
4,521.00
SERENDIB LAND
SLND
2999.00
0.36
3.05%
567.86
6.24
1.47
1.68
1.49
1.60
17.34
172.9
5.3
1,079.64
YORK ARCADE
YORK
30.50
5.19
(0.98)
1.00
12.00
13.30%
8.70
13.88
7.75
2.28
2.59
1.26
1.16
26.4
3.5
366.00
TOUCHWOOD
TWOD
23.20
0.88
(2.54)
(12.55)
71.27
18.04%
39.92
513.07
426.80
86.26
na
na
7.20
3.2
0.6
1,653.47
1.71
(0.67)
(2.93)
8,256.43
2,173.41
1,255.58
2,176.80
2,639.96
1,145.30
ABAN
246.00
0.41
4.55
(9.36)
4.26
28.85%
91.80
112.78
31.11
17.37
28.00
36.30
25.54
26.48
9.3
2.7
1,047.66
ACL CABLES
ACL
77.00
(3.02)
(1.91)
(3.99)
59.89
5.69%
77.01
262.21
85.90
(8.60)
118.16
66.74
37.21
4.38
17.6
1.0
4,611.81
ACL PLASTICS
APLA
148.00
5.41
(1.00)
(1.40)
4.21
14.32%
117.83
71.07
14.15
9.92
14.27
32.73
18.55
16.87
8.8
1.3
623.45
ACME
ACME
26.00
7.88
12.55
31.31
25.61
1.64%
16.64
6.99
(0.99)
5.74
4.63
(2.39)
(8.85)
0.27
95.2
1.6
665.95
ALUFAB
ALUF
58.60
(19.78)
(23.36)
(60.99)
12.06
-3.16%
-4.01
1.53
0.47
(0.48)
1.19
0.34
0.14
0.13
463.3
na
706.61
BLUE DIAMONDS [V]
BLUE
9.80
13.79
22.22
17.86
103.30
1.79%
1.25
5.76
22.33
(11.77)
1.74
(6.54)
(3.52)
0.02
436.3
7.8
1,012.35
BLUE DIAMONDS [NV]
BLUE X
4.90
25.64
88.46
122.73
153.37
1.79%
1.25
5.77
22.33
(11.77)
1.74
(6.54)
(3.52)
0.02
218.2
3.9
751.51
BOGALA GRAPHITE
BOGA
52.40
6.07
1.75
(2.96)
47.32
12.51%
3.35
19.85
3.49
2.42
21.45
(7.51)
30.17
0.42
124.9
15.6
2,479.38
CENTRAL INDUSTRIES
CIND
86.00
1.06
(8.41)
(6.93)
9.88
9.72%
1.34
79.05
18.51
24.01
23.26
13.27
13.49
8.00
10.8
1.0
850.04
GRAIN ELEVATORS
GRAN
116.90
4.38
(0.78)
9.27
60.00
23.68%
37.27
529.65
84.84
94.33
205.49
144.99
96.00
8.83
13.2
3.1
7,014.00
CHEVRON LUBRICANTS
LLUB
165.00
3.02
0.43
4.20
120.00
55.84%
23.11
1,548.52
422.63
413.10
317.68
395.11
413.49
12.90
12.8
7.1
19,800.00
DANKOTUWA
DPL
35.00
6.02
(11.34)
(27.42)
72.25
-2.53%
10.46
(19.14)
(32.52)
(16.29)
18.62
11.06
(15.57)
na
na
3.3
2,528.60
DIPPED PRODUCTS
DIPD
116.50
(1.27)
3.10
20.85
59.86
19.75%
65.97
779.82
390.37
122.97
171.20
95.28
57.16
13.03
8.9
1.8
6,973.87
HAYLEYS EXPORTS
HEXP
40.90
2.25
(0.24)
(15.67)
8.00
-10.35%
41.84
(34.65)
(7.51)
(26.63)
(2.60)
2.08
(22.33)
na
na
1.0
327.20
KELANI CABLES
KCAB
101.00
8.02
0.80
3.59
21.80
10.24%
77.02
171.90
48.78
53.33
47.39
22.40
5.67
7.89
12.8
1.3
2,201.80
KELANI TYRES
TYRE
45.00
(0.22)
(5.32)
80.40
17.41%
15.45
216.19
18.91
54.16
74.94
68.18
65.67
2.69
16.7
2.9
3,618.00
LANKA ALUMINIUM
LALU
52.20
0.97
(4.39)
(9.67)
13.70
4.56%
30.74
19.19
(5.43)
2.98
9.07
12.57
(5.82)
1.40
37.3
1.7
715.29
LANKA CEMENT
LCEM
23.90
9.09
3.90
7.62
173.51
-15.00%
0.42
(10.96)
(3.73)
(2.35)
(1.44)
(3.44)
na
na
na
56.7
4,146.91
LANKA CERAMIC
CERA
106.20
3.61
1.14
(9.23)
30.00
16.18%
75.84
368.08
34.90
103.93
136.05
93.20
(73.79)
12.27
8.7
1.4
3,186.00
LANKA TILES
TILE
100.00
(1.08)
(2.52)
(8.06)
53.05
20.67%
43.03
471.77
69.33
149.73
148.58
104.13
103.56
8.89
11.2
2.3
5,305.04
LANKA WALLTILES
LWL
106.20
0.09
(1.76)
(21.99)
54.60
17.02%
63.74
592.48
53.97
161.11
226.80
150.60
(130.64)
10.85
9.8
1.7
5,798.52
LAXAPANA
LITE
14.50
25.22
20.00
34.58
39.00
1.29%
6.69
3.37
(3.38)
5.46
0.57
0.72
2.04
0.09
167.8
2.2
565.50
PARQUET
PARQ
25.00
1.18
2.79
(4.44)
27.37
-2.99%
20.22
(16.57)
(22.32)
3.64
17.32
(15.20)
0.87
na
na
1.2
684.30
PELWATTE SUGAR
SUGA
35.00
(0.85)
67.98
-62.15%
9.34
(394.42)
83.66
(723.45)
(168.72)
414.09
(197.69)
na
na
3.7
2,379.19
PIRAMAL GLASS
GLAS
8.60
1.20
(4.55)
950.09
22.72%
3.09
666.86
141.29
178.47
190.10
157.00
53.18
0.70
12.3
2.8
8,170.74
PRINT CARE
CARE
40.60
(4.47)
0.50
(81.44)
85.97
20.30%
11.83
206.43
38.13
47.03
60.58
60.70
38.28
2.40
16.9
3.4
3,490.25
REGNIS
REG
448.70
44.66
169.90
4.83
16.08%
104.47
81.13
18.01
27.44
21.81
13.87
15.71
16.80
26.7
4.3
2,166.81
RICH PIERIS EXPORTS
REXP
30.40
(0.98)
(7.03)
(34.62)
11.16
55.77%
-10.73
(66.79)
(11.03)
(69.15)
(1.18)
14.58
(16.75)
na
na
na
339.38
RCL
147.00
(2.72)
(10.23)
(14.57)
110.79
28.12%
47.12
1,468.11
391.48
439.69
412.89
224.05
382.45
13.25
11.1
3.1
16,286.04
SAMSON INTERNATIONAL
SIL
175.00
32.65
20.76
63.95
3.85
-12.40%
88.60
(42.27)
1.27
(13.43)
(12.53)
(17.58)
(6.36)
na
na
2.0
673.40
SINGER INDUSTRIES
SINI
378.00
52.97
71.93
52.54
3.85
20.11%
222.01
171.76
23.85
27.59
(31.31)
151.63
0.88
44.65
8.5
1.7
1,453.90
CEYLINCO SEYLAN
PROPERTY DEVELOPMENT
MANUFACTURING
ABANS
ROYAL CERAMICS
167.44
17.14%
15.56
2.67
128,480.08
TKYO
53.50
(2.91)
(5.66)
(9.58)
202.50
14.22%
19.21
829.26
214.08
128.20
192.69
294.30
240.55
2.73
19.6
2.8
10,833.75
TKYO X
40.00
(2.88)
(7.94)
(8.40)
101.25
14.22%
19.21
829.26
214.08
128.20
192.69
294.30
240.55
2.73
14.7
1.4
4,050.00
SIERRA CABLES
SIRA
4.70
(2.13)
4.55
(4.17)
537.51
3.62%
2.50
48.61
48.87
55.10
(69.88)
14.52
15.32
0.09
52.0
1.9
2,526.31
TEXTURED JERSEY
TJL
13.8
(7.19)
(7.19)
(13.89)
49.18
TOKYO CEMENT [V]

TOKYO CEMENT [NV]
143.97
30th September 2011
Sri Lanka Focus

Year
Company
End
Price
Shares Trailing BVPS

Price Performance
(LKR) 1W(%) 1M(%) 1Q(%)
Mn ROE
(2.11) (1.72) (12.91)
39.87%
Net Profit
4Qtrs
5,105.13
Net Profits
Dec'10
Sept'10
1,741.60
715.40
Trailing Trailing
1,528.35
AUTODROME
AUTO
919.00
12.94
(1.44)
0.39
1.20
9.12%
448.08
49.03
10.27
12.00
15.40
11.37
10.00
40.86
22.5
2.1
COLONIAL MOTORS
COLO
485.00
(4.25)
16.40
55.43
9.12
20.48%
168.39
314.64
143.01
112.89
46.20
12.54
25.38
34.48
14.1
2.9
4,425.29
DIMO
DIMO
1425.00
(0.51)
(5.43)
(6.15)
8.88
55.66%
522.31
2,580.31
636.40
664.37
973.90
305.64
151.20
290.69
4.9
2.7
12,648.92
LANKA ASHOK
ASHO
3500.00
0.03
(12.50)
(40.86)
3.62
53.99%
390.25
762.90
279.00
(66.90)
321.60
229.20
157.03
210.70
16.6
9.0
12,672.95
SATHOSA MOTORS
SMOT
340.00
(14.36)
35.46
20.23
6.03
29.33%
83.90
148.48
49.22
53.38
22.60
23.27
11.03
24.61
13.8
4.1
2,051.43
UNITED MOTORS
UML
155.40
(4.13)
6.44
15.11
67.27
29.93%
62.08
1,249.77
410.45
344.04
361.90
133.38
60.69
18.58
8.4
2.5
10,453.30
2.21
(2.35)
2.96
7,278.64
3,110.83
1,055.89
641.52
2,470.41
1,614.30
19.4
7.1
BUKIT DARAH
BUKI
1070.00
2.88
(2.64)
0.94
102.00
47.40%
138.84
6,712.64
2,943.95
900.51
506.83
2,361.36
1,363.50
65.81
16.3
7.7
109,140.00
GOOD HOPE
GOOD
1182.10
0.01
0.08
8.70
6.87
8.31%
220.00
125.67
33.40
34.46
31.63
26.18
67.96
18.29
64.6
5.4
8,122.57
INDO MALAY
INDO
1390.00
(0.43)
17.50
7.00
7.93%
184.79
102.51
26.20
28.15
25.40
22.76
55.30
14.65
94.9
7.5
9,727.78
SELINSING
SELI
1125.10
(9.99)
7.15
6.94
9.36%
313.37
203.46
68.41
54.32
45.22
35.51
70.01
29.32
38.4
3.6
7,808.28
SHALIMAR
SHAL
950.00
7.33
6.87
6.94
8.23%
235.13
134.36
38.87
38.46
32.43
24.60
57.53
19.36
49.1
4.0
6,593.08
3,981.17
(629.58)
2,381.06
1,566.98
662.72
910.53
AGALAWATTE
AGAL
51.00
(3.95)
(8.75)
(27.10)
25.00
29.82%
31.39
234.03
(22.36)
121.4
76.05
58.90
(15.43)
9.36
5.4
1.6
BALANGODA
BALA
35.60
(2.42)
(9.25)
(28.26)
23.64
17.12%
61.72
249.77
84.16
132.3
34.56
(1.25)
84.00
10.57
3.4
0.6
841.45
BOGAWANTALAWA
BOPL
16.40
0.61
(3.53)
(13.68)
83.75
-1.23%
11.39
(11.78)
(44.18)
62.9
69.15
(99.64)
28.59
na
na
1.4
1,373.50
HAPUGASTENNE
HAPU
62.00
(4.62)
(12.06)
46.32
6.50%
31.02
93.33
(35.60)
53.7
0.12
75.11
117.73
2.02
30.8
2.0
2,871.58
HORANA
HOPL
40.00
(10.51)
(18.37)
(37.60)
25.00
31.13%
41.91
326.17
(13.30)
154.9
135.31
49.22
(13.72)
13.05
3.1
1.0
1,000.00
KAHAWATTE
KAHA
32.70
4.52
(10.25)
(13.37)
79.89
20.75%
13.05
216.34
(115.74)
141.4
68.57
122.07
49.50
2.71
12.1
2.5
2,612.40
KEGALLE
KGAL
156.50
0.97
(3.33)
(20.81)
25.00
30.20%
98.51
743.81
31.37
270.1
227.41
214.90
125.31
29.75
5.3
1.6
3,912.50
KELANI VALLEY
KVAL
112.00
9.80
(2.86)
(27.51)
34.00
20.95%
55.90
398.23
(49.26)
246.2
165.19
36.07
7.39
11.71
9.6
2.0
3,808.00
KOTAGALA
KOTA
92.00
(5.45)
(14.02)
(34.14)
32.00
28.79%
69.34
638.89
26.37
175.5
238.61
198.38
55.77
19.97
4.6
1.3
2,944.00
MADULSIMA
MADU
18.60
(4.12)
(13.08)
(21.52)
29.00 -13.37%
57.63
(223.47)
(116.86)
37.5
(50.08)
(94.01)
14.59
na
na
0.3
539.40
MAL
6.80
4.55
1.47
(12.66)
22.70%
9.12
464.96
92.61
198.6
101.13
72.58
175.99
2.07
3.3
0.7
1,527.21
MASKELIYA
MASK
23.50
2.17
(6.75)
(11.65)
26.98 -41.67%
25.61
(287.88)
(317.75)
30.9
57.27
(58.34)
12.07
na
na
0.9
633.95
NAMUNUKULA
NAMU
94.10
6.50
1.06
(15.56)
23.75
25.26%
54.56
327.24
1.26
100.7
116.76
108.56
83.35
13.78
6.8
1.7
2,234.88
TALAWAKELLE
TPL
32.50
(5.80)
(14.47)
23.75
8.24%
46.62
91.20
(75.79)
71.8
101.93
(6.76)
(2.80)
3.84
8.5
0.7
771.88
UDAPUSSELLAWA
UDPL
42.00
5.00
7.69
7.42
19.40
1.36%
21.22
5.58
(33.79)
(9.2)
36.28
12.24
41.99
0.29
146.0
2.0
814.75
WATAWALA PLANTATIONS
WATA
18.00
(0.55)
(5.26)
(20.70)
236.67
17.69%
10.88
455.54
(40.73)
296.8
188.73
10.72
146.20
1.92
9.4
1.7
4,260.00
ELPITIYA
ELPL
24.40
(2.40)
(3.17)
(11.27)
72.87
18.44%
18.71
251.44
251.4
na
na
3.45
7.1
1.3
1,777.94
MET.RES.HOL
MPRH
27.00
(11.29)
(2.41)
17.26
1.14%
39.52
7.77
43.8
(36.02)
na
0.45
60.0
0.7
466.15
OIL PALMS
PLANTATIONS
MALWATTE VALLEY
0.91
HEALTH SERVICES
6.40
36.79%
(5.81) (20.55)
19.94%
224.59
(0.43) 19.41
5.73%
958.19
308.85
182.66
295.63
171.04
EPS
PE
8.49
Mkt Cap Mn
Mar'11
1,119.78
MOTORS
Jun10
415.34
PBV
8.5
1,160.44
41.8
3.39
1,102.80
1.69
1,275.00
2.39
ASIRI CENTRAL
ASHA
196.00
(8.84)
(3.92)
(8.96)
22.33
-9.82%
45.0
(176.52)
(116.04)
na
na
na
2.4
4,377.46
ASIRI SURGICAL
AMSL
8.30
(1.19)
5.06
528.46
13.08%
3.8
291.69
89.7
90.0
51.4
60.65
85.29
0.55
15.0
2.0
4,386.20
ASIRI HOSPITAL
ASIR
9.90
2.06
7.61
20.73
889.26
8.52%
2.9
238.85
73.8
64.3
77.3
23.38
24.59
0.27
36.9
3.1
8,803.70
CEYLON HOSPITALS [V]
CHL
91.90
(2.85)
(3.47)
(5.36)
25.53
4.39%
72.7
89.42
38.5
(3.836)
40.637
50.92
40.30
2.64
34.8
1.5
2,345.96
CEYLON HOSPITALS [NV]
CHL X
71.60
(1.24)
(9.02)
(5.91)
8.35
1.89%
72.7
38.50
38.5
(3.836)
40.637
40.30
2.64
27.1
8.8
597.53
LANKA HOSPITALS
LHCL
62.00
23.77
(5.12)
57.89
223.73
10.54%
9.8
301.63
66.2
65.2
106.0
64.30
67.96
1.35
46.0
4.8
13,871.39
NAWALOKA
NHL
4.00
5.13
2.50
1409.51
5.87%
2.0
174.62
2.2
23.7
60.9
87.83
902.00
0.12
32.3
1.9
5,638.02
-60.5
30th September 2011
Sri Lanka Focus

Year
Company
End
Price
Shares Trailing BVPS

Price Performance
(LKR) 1W(%) 1M(%) 1Q(%)
Mn ROE
2.27
5.52 (3.07)
31.36%
Net Profit
4Qtrs
761.90
Trailing Trailing
Dec'10
112.09
Net Profits
Sept'10
118.18
Jun10
71.57
EPS
PE
10.63
PBV
Mkt Cap Mn
25.97
Mar'11
502.72
JOHN KEELLS LIMITED
JKL
86.00
(2.71)
(0.69)
(57.95)
60.80
45.33%
29.06
800.77
66.67
542.88
83.93
107.29
70.74
13.17
6.5
3.0
LAKE HOUSE PRINTING
LPRT
181.00
7.10
5.78
34.15
2.94
1.87%
43.20
2.38
2.00
(1.48)
0.56
1.29
(1.09)
0.81
223.8
4.2
531.64
MERC. SHIPPINGS
MSL
369.80
22.92
4.69
21.52
2.84
-17.24%
106.16
(52.07)
(10.40)
(38.68)
4.42
(7.41)
(1.42)
na
na
3.5
1,052.08
CEYLON PRINTERS
CPRT
100.00
0.04 -242.06%
376.66
(31.92)
(32.30)
KALAMAZOO
KZOO
3200.00
27.44
(8.57)
3.26
0.05
878.80
2.55
PARAGON
PARA
1899.00
CEYLON TEA BROKERS
CTBL
8.20
1.55
39.80
COLOMBO PHARMACY
PHAR
1700.00
E B CREASY
EBCR
GESTETNER
GEST
HUNTERS
HUNT
SERVICES
5.80%
3.33
5,228.80
0.38
na
0.40
na
na
0.3
3.50
0. 79
na
2.55
51.00
62.7
3.6
160.00
0.39
3.90
487.1
na
189.95
na
22.79
17.01
na
0.35
23.5
5.3
934.80
18.69
0.10
7.89
74.47
70.83
114.00
(0.55)
1.19
0.12
606.01
88.69
130.27
333.07
53.99
90.16
1.42
0.66
(25.93)
1.27
2.44%
622.10
19.35
3.29
4.69
3.37
8.00
5.16
15.20
111.8
2.7
2,163.86
2500.00
(3.85)
(3.85)
26.74
2.54
25.89%
733.48
481.57
64.60
123.41
293.56
220..22
82.12
189.93
13.2
3.4
6,338.65
410.00
(12.49)
59.15
60.17
2.28
43.89%
22.91
22.91
5.85
1.13
5.34
10.59
(3.35)
10.06
40.8
17.9
934.03
778.00
7.27
2.05
(18.10)
5.15
3.69%
432.42
82.19
14.96
1.03
30.80
35.40
6.23
15.97
48.7
1.8
4,002.81
3.03
3.35
3.84
10,273.76
7,093.52
(231.33)
2,313.10
1,095.31
451.28
STORES AND SUPPLIES
TRADING
na
22.55%
0.39
12.30%
33.83%
22.18
6.44
2.73
2.18
BROWNS
BRWN
275.20
0.36
(0.07)
(12.69)
70.88
12.88%
215.68
1,968.09
86.69
(459.96)
1,572.96
768.40
182.18
27.77
9.9
1.3
19,504.80
C W MACKIE
CWM
99.00
(0.20)
0.61
11.86
35.99
19.39%
38.90
271.45
102.19
121.84
0.42
47.00
43.66
7.54
13.1
2.5
3,562.87
CEYLON FOREIGN TRADES

EASTERN MERCHANTS
CFT
EMER
M
M
9.40
27.90
1.09
(3.44)
3.33
(98.68)
(5.10)
(97.85)
140.20 1096.14%
117.45 2.71%
4.31
7.94
6,628.06
25.30
6,599.28
29.29
17.61
(12.87)
7.29
8.88
3.89
na
0.45
16.00
47.28
0.22
0.2
129.5
2.2
3.5
1,317.84
3,276.74
ENVIRONMENTAL RESOURCES
RADIANT GEMS
GREG
RGEM
M
M
64.00
221.00
13.60
12.31
(4.88)
174.02
(9.56)
144.29
315.48
2.40
6.53%
-1.09%
23.32
13.90
480.56
(0.36)
(16.77)
(149.83)
2.30
486.70
(2.19)
160.45
(1.04)
43.82
0.57
1.52
na
42.0
na
2.7
15.9
20,190.85
530.40
125.21
19.62%
35.43
870.50
292.84
249.58
225.55
102.53
162.00
6.95
19.2
3.8
16,728.00
0.08
9.15%
264.29
2.02
(0.58)
na
2.60
24.19
5.0
0.5
10.04
180.00
9.35%
1.67
28.15
na
14.07
14.08
na
0.16
38.4
3.6
1,080.00
SINGER SRI LANKA
SINS
133.60
8.40
5.67
15.59
OFFICE EQUIPMENT
OFEQ
120.40
TESS AGRO
TESS
6.00
3.45
81.82
106.90
1.53
(2.67)
2.34
1,929.14
183.04
35.96
900.10
810.04
139.08
HEMAS POWER
HPWR
34.00
1.21
3.08
4.36
125.20
15.80%
21.78
430.67
86.85
112.12
107.40
124.31
80.01
3.44
9.9
1.6
4,256.80
LANKA IOC
LIOC
18.30
4.57
(6.63)
8.93
532.53
10.42%
17.23
956.38
(36.25)
(111.30)
602.36
501.57
(116.00)
1.80
10.2
1.1
9,745.30
VIDULLANKA
VLL
9.10
1.11
1.11
26.39
432.88
16.53%
2.15
153.93
38.31
(9.42)
69.40
55.63
56.87
0.36
25.6
4.2
3,939.19
VALLIBEL POWER
VPEL
9.40
1.11
(2.15)
(9.00)
747.11
21.03%
2.47
388.15
94.12
44.56
120.94
128.53
118.20
0.52
18.1
3.8
7,022.83
LAUGFS GAS
LGL
42.00
0.49
(3.10)
(1.69)
335.00
9.12%
579.02
251.48
327.54
LAUGFS GAS (X)
LGL
29.00
0.75
(6.94)
(14.65)
52.00
9.12%
579.02
251.48
327.54
HIDRO POWER
HPFL
13.60
(4.90)
5.43
109.09
7.38%
62.93
17.60
22.14
23.19
PANASIAN POWER
PAP
4.80
2.13
(2.04)
500.00
14.50%
108.33
60.13
48.20
2.59
(1.84)
(1.53)
2.20
E-CHANNELLING
ECL
8.30
16.67
21.74
31.25
PC HOUSE
PCH
17.00
(0.59)
(6.63)
(7.65) 228.9333
POWER & ENERGY
INFORMATION TECHNOLOGY
13.14%
2.80%
122.13
2.80%
2.20
0.64
2.20
2.20
146.00
57.69
38.31
50.00
12.94
460.77
na
0.02
460.8
1.70
5.87
12.9
1,013.69
Research
Senior Analyst
Amali Perera
(94-11)5320256
amali@asiacapital.lk
Corporates
Economy
Minoli Mallwaarachchi
Nirmala Samarawickrama
Dilan Wijekoon
Thilina Ukwatta
Shan Silva
(94-11)5320259
(94-11)5320253
(94-11)5320253
(94-11)5320253
(94-11)5320251
Dhanusha Pathirana
Travis Gomez
(94-11)5320254
(94-11)5320000
Statistician
Nuwan Pradeep
(94-11)5320257
Sales
Institutional Sales
Sabri Marikar
Niroshan Wijayakoon
Niyaz Aboobucker
Anura Hedigallage
Chelaka Hapugoda
Chaminda Mahanama
Hiran Bibile
(94-11) 5320224
(94-11) 5320208
(94-11) 5320213
(94-11) 5320211
(94-11)5320240
(94-11) 5320223
(94-11) 5320238
Retail Sales
077 3-576868
0777-713645
0777-727352
0777 -713663
0777 -256740
0777 -556582
0777 -352032
sabri@asiacapital.lk
niroshan@asiacapital.lk
niyaz@asiacapital.lk
anura@asiacapital.lk
chelaka@asiacapital.lk
mahanama@asiacapital.lk
hiran@asiacapital.lk
Shiyam Subaulla
Gagani Jayawardhana
Priyantha Hingurage
Neluka Rodrigo
Subeeth Perera
(011)- 5320218
(011)- 5320236
(011)- 5320217
(011)- 5320214
(011)- 5320227
0773-502016
0714-084953
0773-502015
0777-366280
0714-042683
shiyam@asiacapital.lk
gagani@asiacapital.lk
priyantha@asiacapital.lk
neluka@asiacapital.lk
subeeth@asiacapital.lk
Branches
CSE Floor
CSE,01-04, World Trade Centre, Colombo 1.
Kiribathgoda
Level 2-6,Udeshi City Shopping complex, No 94,Makola Rd,Kiribathgoda
Kurunegala
Union Assurance Building, No.6,1st Floor,Rajapilla Rd, Kurunagala.
Matara
Galle
E.H.Cooray Building, Mezzanine Floor, No:24, Anagarika Darmapala Mw,

Matara
Peoples Leasing Building,2nd Floor,No.118,MataraRoad,Galle
Negombo
Asia Asset Finance, 171/1, Station Road, Negombo.
Thushara Adhikari
M G Suranjana
Danushka Boteju
Suranga Harshana
Asanka Samarakoon
Gayan Nishsanka
Bandula Lansakkara
Sumeda Jayawardena
Lalinda Liyanapathirana
Ruchira Hasantha
Ushan Sachith
Uthpala Karunatilake
(011)-5735122
(011)-5763539
(011)-5634803
(011)-5734773
(037)-5628844
(037)-5642717
(037)-5643580
(041)-5677525
(041)-5677526
(091)-5629998
(091)-5676767
(031)-5676881
0773-688202
0773-954994
0716-270527
0783-452500
0773-690749
0777-105356
0773-925852
0773-687027
0778-628798
0773-687027
0778-628798
0773-691685
adhikari@asiacapital.lk
0772-544044
gayan@asiacapital.lk
Service Centers
Gayan Perera
(031)-5676880
Kandy
k3-L1,Level 01,kcc, No 5 ,Dalda Veediya, Kandy.
Hambantota
Hambanthota Chamber of Commerce, Thangalle Road,Hambantota.
(081)-5628500
(081)-5625577
(047)-5679240
(047)-5679241
Ampara
2nd Floor, T.K.S. Building, D.S. Senanayake Street, Ampara.
Jaffna
11-8, First Floor, Stanley Road, Jaffna
Wennappuwa
Asia Asset Finance, No.176, Negombo Road, Katuneriya.
Moratuwa
Asia Asset Finance, No.18, New De Zoysa Rd, Moratuwa.
Panadura
Asian Alliance Building, 293, Galle Road, Panadura
Nilupul Hettiarachchi
Radhika Hettiarachchi
Gayan Sanjeewa
Anusha Muthumali
Shermin Ranasinghe
Ravi De Mel
Madushanka Rathnayaka
GratianNirmalan
S.Puviraj
Sajith Iroshan
Sandun Athulathmudali
Hashan Lalantha
Charith Perera
Ranganath Wijetunga
Asanka Chaminda
0773-691816
0777-810694
0715-536309
0772-351716
0772-378352
(063)-5679071 0772-681995
(063)-5679070 0779-036577
(021)-5671800 0777-567933
(021)-5671801 0775-096969
(032)- 5673881 0773-740208
(032)- 5673882 0772-533331
(011)-5238662
(011)-5238663
(038)-5670400 0715-120723
(038)-5670407 0713-559552
boteju@asiacapital.lk
harshana@asiacapital.lk
asanka@asiacapital.lk
nishshanka@asiacapital.lk
sumeda@asiacapital.lk
rishan@asiacapital.lk
ruchira@asiacapital.lk
ushan@asiacapital.lk
uthpala@asiacapital.lk
nilupul@asiacapital.lk
radhika@asiacapital.lk
sanjeewa@asiacapital.lk
muthu@asiacapital.lk
shermin@asiacapital.lk
ravide@asiacapital.lk
shanka@asiacapital.lk
nirmal@asiacapital.lk
puviraj@asiacapital.lk
sajith@asiacapital.lk
sranga@asiacapital.lk
lalantha@asiacapital.lk
charithn@asiacapital.lk
ranganath@asiacapital.lk
chaminda@asiacapital.lk
The report has been prepared by Asia Wealth (Private) Limited. The information and opinions contained herein has been compiled or arrived at based upon information obtained from sources believed to be reliable and in good faith. Such information has not
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Sri Lanka Focus

ASIA RESEARCH TEAM 1

Colombo Stock Market

30th September 2011

Revival towards the end of the week...

Analysis of Various Warrants Listed on the

Asia Wealths Billion Rupee Club

Is there hope for fundamentals in this

Major Price Movements

Seylan Merchant Bank

Ascot Holdings Plc

Asian Alliance Insurance

All Share Index

ASI closing (LHS)

Blue Diamonds Plc ( Non voting)

Seylan Merchant Bank (Warrant 16)

Free Lanka Capital Holdings

Sri Lanka Focus

30th September 2011

ASIA RESEARCH TEAM 2

The Week in FOCUS

30th September 2011

Sri Lanka Focus

ASIA RESEARCH TEAM 3

Sri Lanka Focus

30th September 2011

ASIA RESEARCH TEAM 4

Colombo Bourses Billion Rupee Club

Net Profit 4qtr

30th September 2011

Sri Lanka Focus

ASIA RESEARCH TEAM 5

Crude Oil (Barrel USD)

Gold (Ounce USD)

Rubber (RSS 1) LKR

Sri Lanka Focus

30th September 2011

ASIA RESEARCH TEAM 6

30th September 2011

Sri Lanka Focus

ASIA RESEARCH TEAM 7

Charts Sourced from Direct FN

Expo Lanka Holdings

John Keells Holdings

30th September 2011

Sri Lanka Focus

Chemicals & Pharmaceuticals

With countrys agricultural sector achieving a phenomenal growth during the

Food & Beverage

ASIA RESEARCH TEAM 8

30th September 2011

Sri Lanka Focus

Banking & Finance

ASIA RESEARCH TEAM 9

Sri Lanka Focus

30th September 2011

ASIA RESEARCH TEAM 10

30th September 2011

Sri Lanka Focus

ASIA RESEARCH TEAM 11

Stock Exchange Announcements

: 04 for 05 rights issue @LKR15.00

: Seventy (70) shares for every one (01) share held