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Showing posts with the label Colombo

PKME Stock Analysis: Digital Mobility Solutions Lanka PLC Performance at Colombo Stock Exchange (CSE)

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Fundamental Summary One-sentence summary: PKME’s fundamentals show robust top-line revenue expansion, strong cash flow generation, and low balance sheet leverage backed by a dominant market position in Sri Lanka's digital mobility sector. 3 Strengths Robust Revenue & Earnings Growth: The company has delivered consistent upward trajectories in annual revenue and net profit, supported by expanding adoption across ride-hailing, food delivery, and logistics segments. Strong Cash Flow & Low Leverage: PKME maintains a healthy balance sheet with significantly more cash and short-term investments than total debt, alongside high free cash flow conversion. Market Dominance: As a pioneer and market leader in Sri Lanka's app-based mobility and digital commerce infrastructure, it benefits from strong network effects. 2 Risks or Watch Points Regulatory and Macro Exposure: Changes in fuel pricing, urban ...

Stone Age or Digital Era ?

This matrimonial advertisement appeared in one of the weekend newspapers today.  Quote: Father seeks a graduate daughter,​employed in the public sector or having permanent employment,​ pretty,​ slim, ​born in Kandy or Colombo districts areas,​only for his government employee (in the public sector),​ graduate son, ​born in 1984. Female university lecturers preferred, ​should not be from Galle or Matara districts. Reply with all details.  Unquote. I could not believe my eyes seeing it and thinking that such people do exist in this century still. One may argue that it is his or their choice. Yes, I agree that it was his or their choice but choices, as this made with prejudices, are going to harm society more, if allows to propagate openly and or discreetly. Such people belong to the Stone age and not to the Digital era. I feel sorry for the unlucky woman going into that household if they are really lucky to find one.

What a disappointment Colombo Hippie Market Today !

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Colombo Hippie Market. I will not mince my words, but it was a total disappointment today. First the venue was changed, a few hours ahead of the event and that too was in the middle of the night, putting those who have reserved stalls in a very uncomfortable situation. Secondly, the chosen venue was a rugby football ground and stalls were allocated on top of the terraces. All those who have come there were not only young and hippies. There were families, ladies and elderly among them. Most refused to climb up those huge terrace steps (mean for sitting to watch matches being played) to reach up to upper level of the stalls installed, thus depriving some of a chance even to recover the hefty admission fees paid to get a place in the market. Lastly, there was only one lady from the organising committee and she was too busy (with her own works) to even to listen to anyone’s difficulties. P.s. Even the refreshments facilities organised were very poor and people who were visitin...