Need observation with Citrus - This is not an influence over it, but need to clarify background

kalum

kalum

Senior Manager - Equity Analytics

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Join date : 2012-09-01

Recently i took a risk over CITK and today i able to realize a bit profit.
I was studying this citrus CITK, CITH and CITW around 1 month (CITH past week) and decided to go along CITK. since CITK gave over 15% return, i am under temptation to use the profit into CITH which has no interest at all among retailers.

Honestly i don't have any clue if CITH is black or white Very Happy

I don't have any background analysis with CITH baby. Would appreciate if some one of this forum have supporting data. background of the CITH, risks , pros and cons , potential of the share over short term (within 6 months).

The current data i have
Book Value 14.31
EPS 1.30
P/E 14.23

My target is to collect around 18-19 range. purpose is trade at min 12% profit @ 2 months or 15-20% around 6 months.

Any sort of input is greatly appreciate.

sandunj

sandunj

Senior Manager - Equity Analytics

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Yes agreed with you and good lesson for everyone. Me too realized considarable profit today from CITW which I bought 6 last month.

seek

seek

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they will open CITW with in next few months and start the construction of CITK. Mr market is reacting for the news to come.

kalum

kalum

Senior Manager - Equity Analytics

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Join date : 2012-09-01

Thanks Guys.

I had good memories with REEF. But i was not certain how far CITK rally keep on going. sometimes i worried that i exit almost 80% of CITK today.

but my idea was using the realized amount in to CITH, which again im not sure the background well..

Even i didn't aware that CITW going to be open soon. Thanks seek for the information.

Can someone could share more details about CITH?

WildBear

WildBear

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CITK should follow the trend of CLND

Chinwi

Chinwi

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original REEF -> CITH

Original REEF had only one asset , Hotel Reefcomber , Hikkaduwa.

Then they made listed REEF as the Holding company of the Group. The Hotel was divest to a separate subsidiary CITH

naming history: Hotel Reefcomber -> Amaya Reef -> Citrus Hikkaduwa.

This is the one of the two currently functioning Hotels of Citrus Group .

http://www.citrusleisure.com/

kalum

kalum

Senior Manager - Equity Analytics

Posts : 586
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Reputation : 24
Join date : 2012-09-01

@Chinwi wrote:original REEF -> CITH

Original REEF had only one asset , Hotel Reefcomber , Hikkaduwa.

Then they made listed REEF as the Holding company of the Group. The Hotel was divest to a separate subsidiary CITH

naming history: Hotel Reefcomber -> Amaya Reef -> Citrus Hikkaduwa.

This is the one of the two currently functioning Hotels of Citrus Group .

http://www.citrusleisure.com/

Got it. Thanks Chinwi Smile

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Need observation with Citrus - This is not an influence over it, but need to clarify background

1 Need observation with Citrus - This is not an influence over it, but need to clarify background Mon Apr 22, 2013 12:08 pm

kalum

2 Re: Need observation with Citrus - This is not an influence over it, but need to clarify background Mon Apr 22, 2013 2:40 pm

sandunj

3 Re: Need observation with Citrus - This is not an influence over it, but need to clarify background Mon Apr 22, 2013 6:02 pm

seek

4 Re: Need observation with Citrus - This is not an influence over it, but need to clarify background Mon Apr 22, 2013 6:19 pm

kalum

5 Re: Need observation with Citrus - This is not an influence over it, but need to clarify background Mon Apr 22, 2013 6:29 pm

WildBear

6 Re: Need observation with Citrus - This is not an influence over it, but need to clarify background Mon Apr 22, 2013 8:42 pm

Chinwi

7 Re: Need observation with Citrus - This is not an influence over it, but need to clarify background Tue Apr 23, 2013 11:07 am

kalum

8 Re: Need observation with Citrus - This is not an influence over it, but need to clarify background

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