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.

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


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



Latest topics

» Sri Lanka Bonds Go From Asia’s Worst to Best After China Loan
by J-CAT Today at 3:58 pm

» කොටස් වෙළඳපොළ2020
by කොටස් වෙළඳපොළ2020 Today at 1:52 pm

» CHEVRON LUBRICANTS LANKA PLC ((LLUB.N0000)
by Thushara Ayya Today at 12:32 pm

» Grain Elevators Earnings Review With Q1 Results
by EquityChamp Today at 10:11 am

» What will happen tomorrow?
by Lakshman wijayawardhana Today at 9:57 am

» Most Undervalued Shares
by Lakshman wijayawardhana Today at 9:54 am

» FUTURE of BROWNS INVESTMENT PLC (BIL)
by කොටස් වෙළඳපොළ2020 Today at 6:25 am

» Plantation Sector
by කොටස් වෙළඳපොළ2020 Today at 6:17 am

» Future of Talawakelle Plantation PLC
by කොටස් වෙළඳපොළ2020 Today at 5:02 am

» Company Financials or Group Financials?
by lakymahesh Yesterday at 9:17 pm

» GLAS will be winner with Super Gain.
by invest thinker Yesterday at 11:59 am

» NEVER GIVE UP BECAUSE: Stock market for beginners
by Asoka Samarakone Wed May 12, 2021 9:37 pm

» Make it your goal to stay positive in a negative market
by reyaz Wed May 12, 2021 9:01 pm

» Daily Foreign Transactions
by Pradeep90 Wed May 12, 2021 8:32 pm

» Ban of chemical fertilizers is a great news
by samaritan Wed May 12, 2021 9:59 am

» SANASA DEVELOPMENT BANK PLC (SDB.N0000)
by samaritan Wed May 12, 2021 9:48 am

» Price prediction on GRAN and TAFL
by Antonym Wed May 12, 2021 8:47 am

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by Bakkabwoi Wed May 12, 2021 12:25 am

» DIPD/HAYC/HAYL
by desilva Tue May 11, 2021 10:48 pm

» Prime Residencies IPO. Over Priced?
by ChooBoy Tue May 11, 2021 5:08 pm

EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Don’t Fall into Ramboda Falls

Don’t Fall into Ramboda Falls

Go down  Message [Page 1 of 1]

1Don’t Fall into Ramboda Falls Empty Don’t Fall into Ramboda Falls Mon Jun 18, 2012 2:11 pm

Sama


Stock Trader
If you look at introductory document only 5.4Mn shares are available to trade during next 9 months because of director’s commitment to locked in part of their holding. See below table.

But you could see another major share holder called S H Karunaratna holding 1.9Mn shares out of this 5.4Mn.

It is important to find out who are these Karunarathna’s.

Saman Karunarathna appointed as a director is actually working at Richard Pieris Securities (Pvt) Ltd & other 2 Karunaratnas are his relative.
Reaming shareholders also their business partners specially Japanese guys. Non of theses existing share holders have invested money in this company these are just book entries.

This a trap for poor investors where they try to dump this 5Mn shares by giving a impression that directors have looked in for shares. On the other hand there is no value in this company even to buy at IPO price of Rs11.

Be careful and find out the details.



Directors Name Share holding as at 22 May 2012 Locked in shares
Mr. Takashi Igarashi – Chairman 100,000 100,000
Mr. Sasanka Sigera – Managing Director 7,080,700 7,080,700
Mr. Ananda Karunarathne 7,080,700 7,080,700
Mr. Namal Gomes 50,000
Mr. Saman Karunarathna 200,000 200,000
Mr. Teruaki Onei 100,000 100,000

2Don’t Fall into Ramboda Falls Empty Re: Don’t Fall into Ramboda Falls Mon Jun 18, 2012 2:16 pm

market bull

market bull
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
http://forum.srilankaequity.com/t18838-cse-next-introduction-ramboda-falls

3Don’t Fall into Ramboda Falls Empty Re: Don’t Fall into Ramboda Falls Mon Jun 18, 2012 4:29 pm

WildBear


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
This is not a hotel, just a Guest house .Next time SEC will allow even brothel houses to be listed at CSE.

4Don’t Fall into Ramboda Falls Empty Re: Don’t Fall into Ramboda Falls Mon Jun 18, 2012 6:34 pm

gamaya


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Didn't SEC brought a rule to stop the introductions some time back? These introductions are huge traps. Transfer of funds from unknown to the known...

5Don’t Fall into Ramboda Falls Empty Re: Don’t Fall into Ramboda Falls Mon Jun 18, 2012 7:39 pm

SECsux


Manager - Equity Analytics
Manager - Equity Analytics
Don't fall,you'll definitely die.

6Don’t Fall into Ramboda Falls Empty Re: Don’t Fall into Ramboda Falls Mon Jun 18, 2012 7:40 pm

Whitebull


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@WildBear wrote:This is not a hotel, just a Guest house .Next time SEC will allow even brothel houses to be listed at CSE.

Wow.....hotels sometimes offer buffet for shareholders then what will they offer ?

7Don’t Fall into Ramboda Falls Empty Re: Don’t Fall into Ramboda Falls Mon Jun 18, 2012 9:09 pm

hunter

hunter
Moderator
Moderator
Nice heading for the post. Laughing

"Don't fall from Ramboda Falls"

8Don’t Fall into Ramboda Falls Empty Re: Don’t Fall into Ramboda Falls Mon Jun 18, 2012 9:55 pm

ccsentha


Vice President - Equity Analytics
Vice President - Equity Analytics
@Sama wrote:If you look at introductory document only 5.4Mn shares are available to trade during next 9 months because of director’s commitment to locked in part of their holding. See below table.

But you could see another major share holder called S H Karunaratna holding 1.9Mn shares out of this 5.4Mn.

It is important to find out who are these Karunarathna’s.

Saman Karunarathna appointed as a director is actually working at Richard Pieris Securities (Pvt) Ltd & other 2 Karunaratnas are his relative.
Reaming shareholders also their business partners specially Japanese guys. Non of theses existing share holders have invested money in this company these are just book entries.

This a trap for poor investors where they try to dump this 5Mn shares by giving a impression that directors have looked in for shares. On the other hand there is no value in this company even to buy at IPO price of Rs11.

Be careful and find out the details.



Directors Name Share holding as at 22 May 2012 Locked in shares
Mr. Takashi Igarashi – Chairman 100,000 100,000
Mr. Sasanka Sigera – Managing Director 7,080,700 7,080,700
Mr. Ananda Karunarathne 7,080,700 7,080,700
Mr. Namal Gomes 50,000
Mr. Saman Karunarathna 200,000 200,000
Mr. Teruaki Onei 100,000 100,000


mate can u explain a little bit, if shared are locked, how can they be sold?

if company makes good profit and have good EPS, P/E then can buy even if it's not locked, isn't...but it's not the case, it seems it's hugely over priced

9Don’t Fall into Ramboda Falls Empty Re: Don’t Fall into Ramboda Falls Tue Jun 23, 2015 3:15 pm

slequityanalyst


Manager - Equity Analytics
Manager - Equity Analytics
I thought this article gives a good view about the stock. (Please note that the article is little dated but I think the fundamentals hold still!!) 

http://lankanmarkets.blogspot.com/2014/10/ramboda-falls-stock-rises-story-so-far.html

10Don’t Fall into Ramboda Falls Empty Re: Don’t Fall into Ramboda Falls Wed Jun 24, 2015 12:52 am

Teller

Teller
Moderator
Moderator
Correct. Thanks sama


_________________




Teller said is said..

11Don’t Fall into Ramboda Falls Empty Don’t Fall into Ramboda Falls Wed Jun 24, 2015 12:38 pm

Sama


Stock Trader
However directors and their connected parties still holding the same stake. They will try to push the share price, maybe with next market move, hotel sector momentum or some BS announcement like they did in Jun 2014. With that Hydro power corporate disclosure they pushed this share up to 40 levels.

 

You guys can also get some profits in such situation but be careful. I really don’t know what should be the entry price for this because those guys can easily bring the market price down to 15-18 levels.

 

If you guys know about Saman Karunaratne who worked at Capital Alliance & Richar Pieris Securities you could get good sense about this share.

12Don’t Fall into Ramboda Falls Empty Re: Don’t Fall into Ramboda Falls Wed Jun 24, 2015 12:48 pm

Senior Citizen

Senior Citizen
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
I need access to post articles in the forum!

Sponsored content


Back to top  Message [Page 1 of 1]

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