Will they continue to going up? Is it wise to enter at these levels?
Please comment.
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Amal Mudunkotuwa wrote:Dear slstock ,
I will tell u one reason for YORK ,
Lot of people including me thought YORK is the owner of their land which is Valued around 96 m in the Balance sheet. Revalued amount can go above 300m easily. So did a decent collection. But Suddenly i did read their Annual report carefully and realize this land is belongs to the parent ( CFLB ) company. York has very limited No. Of shares. I sold my lot at that time. If any body/ broker promotes this by showing its LAND please be care full and read the annual report slowly..............But after the fire any crap can reach the sky. So risk is yours . . . >
One reason for PMB.....
Just one reason. I dont says the full story since i personally want this to trade below 14 level at this movement.......PMB did its right issue and used that money to adjust the balance sheet. So now PMB has a great Balance sheet with a poor P&L. I deserve my comment from that point.I may be the only person who back PMB after Mr. Dilis 21 to 39 deal last year.i am backing PMB from Jan. 2012. It is personal.he he Nothing insider info....it is the pattern.
Every thing is logical. But no need to be hurry....
Amal Mudunkotuwa wrote:Yep good point ,
When it is come to land leasing Companies get the value of the building ( if they build ) as the asset and then Dep. it over the period . In this case they Value the building which is partially belongs to YORK under the name of Investment property.you can easily go to their annual report and understand.
Why i/we went crazy is the location of the land. Near the Port. So i dint do the basic due-diligent before dreaming on the revaluation. I hope it will be the next ASCOT........But Any child can understand that the land is not belong to them i couldn't. Any way it is out of the scope. some how Price went around 80% up with tiny volume...........
Amal Mudunkotuwa wrote:Yep good point ,
When it is come to land leasing Companies get the value of the building ( if they build ) as the asset and then Dep. it over the period . In this case they Value the building which is partially belongs to YORK under the name of Investment property.you can easily go to their annual report and understand.
Why i/we went crazy is the location of the land. Near the Port. So i dint do the basic due-diligent before dreaming on the revaluation. I hope it will be the next ASCOT........But Any child can understand that the land is not belong to them i couldn't. Any way it is out of the scope. some how Price went around 80% up with tiny volume...........
Already updated posts comes on top automatically. You may see the "LATEST TOPICS" on left side of your browser.Amal Mudunkotuwa wrote:
If possible make this forum in a way, where updated posts comes to the top automatically. I dont kw the IT feasibility of that requirement.
Monster wrote:Already updated posts comes on top automatically. You may see the "LATEST TOPICS" on left side of your browser.Amal Mudunkotuwa wrote:
If possible make this forum in a way, where updated posts comes to the top automatically. I dont kw the IT feasibility of that requirement.
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