John Keells Holdings


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32 articles for John Keells Holdings

Sri Lanka: Equity Strategy - Deep Value Unveiled As Hyperinflation Subsides

As hyperinflationary dynamics subside, the residual effect has unveiled a large dislocation in valuations. The risk premium attached to overall market valuations to diminish with a potential IMF agreement imminent. With the expansion in bottom line t...
Asia Securities Naveed
Naveed Majeed @ Asia Securities 14 March 2023

John Keells Holdings: Inching Closer To Coveted Gaming Operation at Cinnamon Life

We expect potential announcement on gaming operation at Cinnamon Life is imminent…. We believe the full economic potential of Cinnamon Life can be realised via gaming facility. We forecast gross gaming revenue at Cinnamon Life to reach 423mn USD by F...
Asia Securities Naveed
Naveed Majeed @ Asia Securities 19 August 2022
Flash Report / Sri Lanka

Sri Lanka: Asia Securities Consumer Sector Panel Discussion 2022 - Key takeaways

The 2022 Consumer Sector Panel Discussion organised by Asia Securities Research was held on 19 July 2022. This year’s event themed “The Fight Against Inflation: Navigating through hyperinflation and sector dynamics” was held virtually. Purchase frequ...
Asia Securities Naveed
Naveed Majeed @ Asia Securities 21 July 2022

John Keells Holdings: Inching closer to coveted gaming operation at Cinnamon Life with Budget proposal

Asia Securities Naveed
Naveed Majeed @ Asia Securities 15 November 2021

John Keells Holdings: An ecosystem transformation unlocking unrealized value

We assign a BUY rating on JKH with an FY-22E TP of LKR 220.00 (upside of 69.2% and TSR of 71.5%). Several of the company’s core businesses enjoy long-term market leadership positions, and are well positioned to benefit from long-term growth in the mo...
Asia Securities Naveed
Naveed Majeed @ Asia Securities 1 September 2021

John Keells Holdings: Sri Lanka: JKH SL - On slow path to earnings recovery; upside warranted

Including estimate revisions, we maintain our SOTP valuation-based 12-month target price at LKR 175.00/share. We expect Consumer and Retail to rebound strongly from 4Q FY21E onwards, barring further localised lockdowns, offsetting the losses from Lei...
Asia Securities Naveed
Naveed Majeed @ Asia Securities 11 February 2021


Sri Lanka
Capital Goods
John Keells Holdings PLC is a diversified business operating in Sri Lanka with business interests primarily in transportation, leisure, property, plantations, information technology, consumer foods and retail and financial services.

Associated topics

Asia Industrials Sri Lanka Capital Goods John Keells Holdings Equity Mangalee Goonetilleke Naveed Majeed JKH Cinnamon Life Consumer Discretionary Consumer Durables & Apparel Hemas Holdings Tri-Zen