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Friday, 3 June 2011 00:16 - - {{hitsCtrl.values.hits}}
Bartleet Mallory Stockbrokers (BMS), first off the block with equity research on Softlogic Holdings Ltd.’s Rs. 4 billion IPO, the country’s biggest in six years, is recommending subscription to the offering. “We expect the group 4-year forward revenue CAGR to be 78.8% while the Profit Attributable for Shareholders to grow by a steeper 181%. The counter trades at an attractive 21.7x PER (Trailing Twelve Month) and a 13.1x forward PER on FY 2012 earnings. We recommend SUBSCRIBE,” the BMS Research team said in its report. Here are excerpts:
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Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.