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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » RAMBODA FALLS PLC (RFL.N0000)

RAMBODA FALLS PLC (RFL.N0000)

+9
hunter
Whitebull
SECsux
gamaya
WildBear
market bull
Sama
Quibit
Redbulls
13 posters

Go down  Message [Page 1 of 1]

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

RAMBODA FALLS LIMITED
Incorporated under the Companies Act No.17 of 1982 and re-registered under Companies Act No. 07 of 2007
INTRODUCTORY DOCUMENT
For obtaining the listing of 20,000,000 Ordinary Voting Shares
on the Diri Savi Board of the Colombo Stock Exchange.

http://www.cse.lk/270808/pdf/06_06_2012_Rambodo_Intro.pdf

2RAMBODA FALLS PLC (RFL.N0000)	 Empty Re: RAMBODA FALLS PLC (RFL.N0000) Thu Jun 07, 2012 6:24 pm

Quibit


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

We have seen enough 'FALLS'
Wish it was Ramboda RISE!!!

3RAMBODA FALLS PLC (RFL.N0000)	 Empty RAMBODA FALLS PLC (RFL.N0000) 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

4RAMBODA FALLS PLC (RFL.N0000)	 Empty Re: RAMBODA FALLS PLC (RFL.N0000) 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

5RAMBODA FALLS PLC (RFL.N0000)	 Empty Re: RAMBODA FALLS PLC (RFL.N0000) 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.

6RAMBODA FALLS PLC (RFL.N0000)	 Empty Re: RAMBODA FALLS PLC (RFL.N0000) 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...

7RAMBODA FALLS PLC (RFL.N0000)	 Empty Re: RAMBODA FALLS PLC (RFL.N0000) Mon Jun 18, 2012 7:39 pm

SECsux


Manager - Equity Analytics
Manager - Equity Analytics

Don't fall,you'll definitely die.

8RAMBODA FALLS PLC (RFL.N0000)	 Empty Re: RAMBODA FALLS PLC (RFL.N0000) 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 ?

9RAMBODA FALLS PLC (RFL.N0000)	 Empty Re: RAMBODA FALLS PLC (RFL.N0000) Mon Jun 18, 2012 9:09 pm

hunter

hunter
Moderator
Moderator

Nice heading for the post. Laughing

"Don't fall from Ramboda Falls"

10RAMBODA FALLS PLC (RFL.N0000)	 Empty Re: RAMBODA FALLS PLC (RFL.N0000) 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

11RAMBODA FALLS PLC (RFL.N0000)	 Empty Re: RAMBODA FALLS PLC (RFL.N0000) 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

12RAMBODA FALLS PLC (RFL.N0000)	 Empty Re: RAMBODA FALLS PLC (RFL.N0000) Wed Jun 24, 2015 12:52 am

Teller

Teller
Moderator
Moderator

Correct. Thanks sama

13RAMBODA FALLS PLC (RFL.N0000)	 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.

14RAMBODA FALLS PLC (RFL.N0000)	 Empty Re: RAMBODA FALLS PLC (RFL.N0000) 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!

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