FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» COCR IN TROUBLE?
by ApolloCSE Today at 2:01 pm

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by ErangaDS Yesterday at 10:24 am

» UNION ASSURANCE PLC (UAL.N0000)
by ErangaDS Yesterday at 10:22 am

» ‘Port City Colombo makes progress in attracting key investments’
by samaritan Thu Apr 25, 2024 9:26 am

» Mahaweli Reach Hotels (MRH.N)
by SL-INVESTOR Wed Apr 24, 2024 11:25 pm

» THE KANDY HOTELS COMPANY (1983) PLC (KHC.N0000)
by SL-INVESTOR Wed Apr 24, 2024 11:23 pm

» ACCESS ENGINEERING PLC (AEL) Will pass IPO Price of Rs 25 ?????
by ddrperera Wed Apr 24, 2024 9:09 pm

» LANKA CREDIT AND BUSINESS FINANCE PLC (LCBF.N0000)
by Beyondsenses Wed Apr 24, 2024 10:40 am

» FIRST CAPITAL HOLDINGS PLC (CFVF.N0000)
by Beyondsenses Wed Apr 24, 2024 10:38 am

» LOLC FINANCE PLC (LOFC.N0000)
by Beyondsenses Wed Apr 24, 2024 10:20 am

» SRI LANKA TELECOM PLC (SLTL.N0000)
by sureshot Wed Apr 24, 2024 8:37 am

» Sri Lanka confident of speedy debt resolution as positive economic reforms echoes at IMF/WB meetings
by samaritan Mon Apr 22, 2024 9:28 am

» TAFL is the most undervalued & highly potential counter in the Poultry Sector
by LAMDA Mon Apr 22, 2024 12:58 am

» Construction Sector Boom with Purchasing manager's indices
by rukshan1234 Thu Apr 18, 2024 11:24 pm

» Asha Securities and Asia Securities Target AEL (Access Enginnering PLC )
by Anushka Perz Wed Apr 17, 2024 10:30 pm

» Sri Lanka: China EXIM Bank Debt Moratorium to End in April 2024
by DeepFreakingValue Tue Apr 16, 2024 11:22 pm

» Uncertainty over impending elections could risk Lanka’s economic recovery: ADB
by God Father Tue Apr 16, 2024 2:47 pm

» Sri Lanka's Debt Restructuring Hits Roadblock with Bondholders
by God Father Tue Apr 16, 2024 2:42 pm

» BROWN'S INVESTMENTS SHOULD CONSIDER BUYING BITCOIN
by ADVENTUS Mon Apr 15, 2024 12:48 pm

» Bank run leading the way in 2024
by bkasun Sun Apr 14, 2024 3:21 pm

» ASPI: Undoing GR/Covid19!
by DeepFreakingValue Thu Apr 11, 2024 10:25 am

» Learn CSE Rules and Regulations with the help of AI Assistant
by ChatGPT Tue Apr 09, 2024 7:47 am

» Top AI tools in Sri Lanka
by ChatGPT Tue Apr 09, 2024 7:21 am

» HDFC- Best ever profit reported in 2023
by ApolloCSE Mon Apr 08, 2024 12:43 pm

» WAPO 200% UP
by LAMDA Sun Apr 07, 2024 10:41 pm

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube

Disclaimer
FINANCIAL CHRONICLE™ Disclaimer

The information contained in this FINANCIAL CHRONICLE™ have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein. FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever. Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, FINANCIAL CHRONICLE™ blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

Further the writers and users shall not induce or attempt to induce another person to trade in securities using this platform (a) by making or publishing any statement or by making any forecast that he knows to be misleading, false or deceptive; (b) by any dishonest concealment of material facts; (c) by the reckless making or publishing, dishonestly or otherwise of any statement or forecast that is misleading, false or deceptive; or (d) by recording or storing in, or by means of, any mechanical, electronic or other device, information that he knows to be false or misleading in a material particular. Any action writers and users take in respect of (a),(b),(c) and (d) above shall be their own responsibility, FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental violation of securities laws of any country, damages or loss arising out of the use of this information.


AI Live Chat

You are not connected. Please login or register

REEF Warrant 18 continuious buying interest

3 posters

Go down  Message [Page 1 of 1]

sapumal


Vice President - Equity Analytics
Vice President - Equity Analytics

Reef warrant 18 is highly attractive at current price. Look at reef warrant 17. It was traded near 35 at the last day and last traded price was 32.90

Now Reef NAV is about 30 and with current expansion this will go beyond 35 within next quarter
Private placement from Citrus hikkaduwa and listing of Kalpitiya and Waskaduwa (Already over subscribed and profit will be added to Dec reports.)

1. Gain from IPOs = 138Mn
2. Gain from est Hikkaduwa subsidary = 72Mn ( refer the 11 sep 30 company balance sheet : Property, Plant and Equipment
and compare with the subsidiary est (Oct 1st) announcement)
3. Gain from Hikkaduwa if PP is good = 109Mn

Total profits = 320Mn

With the extended period of 9months Reef warrant 18 has more value. This will go above 40 and perhaps with a good rally this can go even beyond 50.

Reef warrant 18 top 20 warrant holders holdings

2011 March 31 : 69.53%
2011 June 30 : 75.63% (+6.1%) - between Rs25.00- 22.70
2011 Sept 30 : 80.48% (+4.9%) - between Rs32.00 - 17.30


Top holders

1.PAN ASIA BANKING CORP/EMAGEWISE (PVT) LTD 10,196,120 (32.41%)
2.SEYLAN BANK PLC/THARANA GANGUL THORADENIYA 4,822,400 (15.33%)
3. PAN ASIA BANKING CORP/MR.A S R SILVA 3,704,252 (11.77%)
4. SEYLAN BANK PLC/ W D N H PERERA 1,134,441 (3.61%)
5 HSBC INTERNATIONAL NOMINEES LTD-SSBT DEUSTCHE BA 793,900 (2.52%)


Good Luck

soileconomy

soileconomy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

What about the conversion prices of theses warrants ?

ct.trader


Equity Analytic
Equity Analytic

Puzzling why people still chase after warrants. Hasn't anyone learnt their lessons after the disasters with SEMB.W0016, GREG.W001 and GREG.W002, SMLL.W0020, CLPL.W0012 , the list goes on and on.

And of course there was REEF.W0017 which brought plenty of losses to warrant holders as well. Subscribers to warrants are losing Rs 20 per share at the moment.

sapumal


Vice President - Equity Analytics
Vice President - Equity Analytics

soileconomy wrote:What about the conversion prices of theses warrants ?

W17 - Rs30 - 2011 Oct
W18 - Rs30 - 2012 June
W19 - Rs40 - 2015(?)

But Reef is a medium term/long term investment. If you refer the quarter reports you can find that retailers are exiting from REEF and institutions(LGL, RCL) are consolidating. Also PCH/Rishan has bought 1Mn shares. Go to reef, only if you can having the holding power. It will give you a good return. REEF shows good income streams

These profits are still not added to the financial statements

1. Creating Hikkaduwa and PP + listing 2 subs - 320Mn

2. Selling 20% of the CLND = currently 932Mn. But දිලිත will sold them after reclaiming the land (9 acre) they physically not possessed but legally possessed. If they got a land from UDA(under defense secretary), CLND will got a revaluation gain of 12Bn(@8mn per perch). CLND can be fairly valued @100. Kalpitiya will have a 2.7bn gain.

3. Leasing 50 villas - profit = 937Mn


********* Regular incomes *******
profit from subsidy hotels
management fees of subsidiaries
profit sharing from villas
profit from Citrus Aqua



soileconomy

soileconomy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Thanx.Sapumal.
According to the data ,REEF N is more attractive than others .

Sponsored content



Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum