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

LISTED COMPANIES

Submit Post

Poll

Can there be another Covid-19 wave in Sri Lanka?

 
 
 

View results

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » EDEN HOTEL LANKA PLC (EDEN.N0000)

EDEN HOTEL LANKA PLC (EDEN.N0000)

+33
ForeigNer
SAGA
Bakkabwoi
Vasyan
Jay-Jay
abey
THASSIM
High-flyer
Captain
Jana
Dilip
wmsameera
dammika.me
Promoney
Maduranga97
Love Boy
wisdom79
Quibit
GameUP1030
Udara Rangana
soileconomy
ddrperera
jayathu
SLBOY
vic19
WildBear
dhanurrox
Dr Stock
sureshot
shadow walker
cse1981
SHARK aka TAH
DealKing
37 posters

Go to page : 1, 2, 3, 4  Next

Go down  Message [Page 1 of 4]

1EDEN HOTEL LANKA PLC (EDEN.N0000) Empty EDEN HOTEL LANKA PLC (EDEN.N0000) Mon Jul 28, 2014 11:49 am

DealKing

DealKing
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Fire in hotel after President exits

July 28, 2014 6:06 am  

By Umesh Moramudali

A fire had broken out at the Eden Hotel in Beruwala yesterday (27), soon after President Mahinda Rajapaksa who was attending a wedding took his leave. Police Media spokesman, SSP Ajith Rohana said the fire had occurred soon after the President left the hotel after signing as one of the witnesses at the wedding.

"The fire occurred in a bathroom in the third floor of the building. The President attended a function held in the ground floor," he explained.

Police have sought the assistance of the Government Analyst to conduct further investigations in order to find out the cause of the fire. No one had been injured.

Source - www.ceylontoday.lk/51-69147-news-detail-fire-in-hotel-after-president-exits.html

2EDEN HOTEL LANKA PLC (EDEN.N0000) Empty Re: EDEN HOTEL LANKA PLC (EDEN.N0000) Mon Jul 28, 2014 12:12 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert
@DealKing wrote:Fire in hotel after President exits

July 28, 2014 6:06 am  

By Umesh Moramudali

A fire had broken out at the Eden Hotel in Beruwala yesterday (27), soon after President Mahinda Rajapaksa who was attending a wedding took his leave. Police Media spokesman, SSP Ajith Rohana said the fire had occurred soon after the President left the hotel after signing as one of the witnesses at the wedding.

"The fire occurred in a bathroom in the third floor of the building. The President attended a function held in the ground floor," he explained.

Police have sought the assistance of the Government Analyst to conduct further investigations in order to find out the cause of the fire. No one had been injured.

Source - www.ceylontoday.lk/51-69147-news-detail-fire-in-hotel-after-president-exits.html
 affraid 

3EDEN HOTEL LANKA PLC (EDEN.N0000) Empty Re: EDEN HOTEL LANKA PLC (EDEN.N0000) Mon Jul 28, 2014 12:43 pm

cse1981

cse1981
Manager - Equity Analytics
Manager - Equity Analytics
අම්මෝ මම බය වුන තරම්

මම හිතුවේ හෝටලයම ගිනි අරන් කියලා

 lol! lol! lol! 

4EDEN HOTEL LANKA PLC (EDEN.N0000) Empty Re: EDEN HOTEL LANKA PLC (EDEN.N0000) Mon Jul 28, 2014 1:23 pm

shadow walker

shadow walker
Vice President - Equity Analytics
Vice President - Equity Analytics
Sad 

5EDEN HOTEL LANKA PLC (EDEN.N0000) Empty Re: EDEN HOTEL LANKA PLC (EDEN.N0000) Mon Jul 28, 2014 1:25 pm

sureshot

sureshot
Vice President - Equity Analytics
Vice President - Equity Analytics
is so  share should move up then .....
Hope they have not insured with Jins....

6EDEN HOTEL LANKA PLC (EDEN.N0000) Empty EDEN HOTEL LANKA PLC (EDEN.N0000) Wed Aug 06, 2014 7:11 pm

Dr Stock

Dr Stock
Co-Admin
what are your views regarding EDEN, which majority owned by PALM ?
Value your ideas..
Thanks in advance..

7EDEN HOTEL LANKA PLC (EDEN.N0000) Empty Re: EDEN HOTEL LANKA PLC (EDEN.N0000) Wed Aug 06, 2014 9:05 pm

dhanurrox


Vice President - Equity Analytics
Vice President - Equity Analytics
Simply buy.Good share great price to enter.

8EDEN HOTEL LANKA PLC (EDEN.N0000) Empty Re: EDEN HOTEL LANKA PLC (EDEN.N0000) Wed Aug 06, 2014 9:25 pm

cse1981

cse1981
Manager - Equity Analytics
Manager - Equity Analytics
LOLC relative shares wants more power

improve management skills and give up hidden agendas

9EDEN HOTEL LANKA PLC (EDEN.N0000) Empty Re: EDEN HOTEL LANKA PLC (EDEN.N0000) Wed Aug 06, 2014 9:37 pm

Dr Stock

Dr Stock
Co-Admin
I think EDEN is recently opened after refurbishment .
According to annual report, before the temporary closure of 2012/13 it had a profit of 211 Mn.
EPS of 4.01
According to 2013/14 Annual report Net Asset Value for share is 48.27.
Current Price is around Rs 28/=
Fundamentally its value stock for this price.
The hotel acquired Dicwella Resorts.
EDEN has taken 1.5 Bn loan from seylan bank for the refurbishment .
i have no idea about stories behind this stock.

Is LOLC leisure going to build any hotel in recent future?

10EDEN HOTEL LANKA PLC (EDEN.N0000) Empty Re: EDEN HOTEL LANKA PLC (EDEN.N0000) Wed Aug 06, 2014 10:22 pm

cse1981

cse1981
Manager - Equity Analytics
Manager - Equity Analytics
if they want. to pay 1.5 debit. some time will announce. right issue

11EDEN HOTEL LANKA PLC (EDEN.N0000) Empty Re: EDEN HOTEL LANKA PLC (EDEN.N0000) Thu Aug 07, 2014 11:33 pm

WildBear


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
EDEN hasn't showed any movement in this bull market, Sometimes it might get some attraction like HUNA Very Happy 

12EDEN HOTEL LANKA PLC (EDEN.N0000) Empty Re: EDEN HOTEL LANKA PLC (EDEN.N0000) Wed Sep 10, 2014 10:46 pm

Dr Stock

Dr Stock
Co-Admin
EDEN is slowly creeping up unnoticed by many.
price went from Rs 28 to Rs 31.50 in 4 days time.
Good volumes being traded.
People worried about rights issue .
Any news ?
Surprised


13EDEN HOTEL LANKA PLC (EDEN.N0000) Empty EDEN HOTEL LANKA right issue 1:1 @20/- Thu Sep 03, 2015 12:32 pm

vic19

vic19
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Rights are always issued at a discounted price ( from the Market price ) to exiting share holders.

at the moment eden is traded at 22/-,  and they have announced the " rights " at 20/- and the proportion is 1:1.

I think the pricing is too high (irrespective of the real value/nbv )

the proceeds goes to settle the existing debt

is this issue is under written by any one or by LOLC  ( the parent company )?

will it affect the exiting / future share price ?

will this issue be approved by CSE ?

now a days " right issue " are looking like fresh " new listings "

should the relevant authorities look into these matters and put the things right ?

14EDEN HOTEL LANKA PLC (EDEN.N0000) Empty Re: EDEN HOTEL LANKA PLC (EDEN.N0000) Sat Sep 05, 2015 11:00 am

SLBOY


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Yes. In recent past all right isses were over prices and lot of small investor loose their money. Eg CSF, CITW,  DPL, JINS, and now EDEN. 
DPL is much better with compaired to other companies. However I strongly believe that CSE should strictly monitor the whether issue prices fair to existing share holders or not.

15EDEN HOTEL LANKA PLC (EDEN.N0000) Empty Re: EDEN HOTEL LANKA PLC (EDEN.N0000) Sat Sep 05, 2015 11:11 am

jayathu


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Only renuka and Sanasa right issue was attractive during last yr. don't buy EDEN, after rights it will drop down to 10 to 13 level. For them to make turnaround will take lot of yrs.

16EDEN HOTEL LANKA PLC (EDEN.N0000) Empty Re: EDEN HOTEL LANKA PLC (EDEN.N0000) Sat Sep 05, 2015 8:41 pm

vic19

vic19
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
If any one wants to keep the Eden hotel in their portfolio then it is best to sell now at these prices of 19-20 and buy it after the rights issue at a very lower price., (provided the right issue go ahead with the cse approval with the same terms )

17EDEN HOTEL LANKA PLC (EDEN.N0000) Empty Re: EDEN HOTEL LANKA PLC (EDEN.N0000) Sun Sep 06, 2015 1:47 am

ddrperera


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@vic19 wrote:If any one wants to keep the Eden hotel in their portfolio then it is best to sell now at these prices of 19-20 and buy it after the rights issue at a very lower price., (provided the right issue go ahead with the cse approval with the same terms )
don't buy rights for EDEN ... beware of lolc group companies right issue and shares ..BIL,BRWN destroy heritage company under LOLC...

18EDEN HOTEL LANKA PLC (EDEN.N0000) Empty Re: EDEN HOTEL LANKA PLC (EDEN.N0000) Sun Sep 06, 2015 6:55 am

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics
@ddrperera wrote:
@vic19 wrote:If any one wants to keep the Eden hotel in their portfolio then it is best to sell now at these prices of 19-20 and buy it after the rights issue at a very lower price., (provided the right issue go ahead with the cse approval with the same terms )
don't buy rights for EDEN ... beware of lolc group companies right issue and shares ..BIL,BRWN destroy heritage company under LOLC...
Yes .Lolc bought companies at lower price and dilute their stake to a certain level by means of unjustifiable rights issues.Recently palm garden also had a same issue.
Exactly beware of LOLC companies.

Udara Rangana

Udara Rangana
Equity Analytic
Equity Analytic
Buy and wait one two months until announce the right issue dates. this will touch Rs 23 soon....................

20EDEN HOTEL LANKA PLC (EDEN.N0000) Empty Re: EDEN HOTEL LANKA PLC (EDEN.N0000) Mon Nov 23, 2015 8:36 pm

GameUP1030

GameUP1030
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Udara Rangana wrote:Buy and wait one two months until announce the right issue dates. this will touch Rs 23 soon....................
what could be the ratio?

21EDEN HOTEL LANKA PLC (EDEN.N0000) Empty Re: EDEN HOTEL LANKA PLC (EDEN.N0000) Mon Nov 23, 2015 10:43 pm

vic19

vic19
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Udara Rangana wrote:Buy and wait one two months until announce the right issue dates. this will touch Rs 23 soon....................

please exercise CAUTION.

 it will not work like you think because of the following reason;

1) already the share price in the market is 18/- ( less than the rights price )
2) proposed right issue price is at 20/-
3) ratio of rights is 1:1

considering those points the share capital will double that means the number of shares also will double.
 that in turn make this share very much liquid there for more supply less demand,  there for the price will only fall in my humble opinion.

only good thing is that they say they are going for this rights to repay the loan outstanding. this will in turn make this company interest expenses lesser in the coming year hence less overheads.

I would think as it is,  this is a long term stock if this  rights issue go ahead as planned.

(however may be LOLC might do a magic later by some announcement. we do not know at this point of time )

this is my view. I have sold my holdings as soon as I heard this news way back in September.

this is my own opinion only. please discuss with your friends

thanks

22EDEN HOTEL LANKA PLC (EDEN.N0000) Empty Re: EDEN HOTEL LANKA PLC (EDEN.N0000) Tue Nov 24, 2015 6:29 pm

Udara Rangana

Udara Rangana
Equity Analytic
Equity Analytic
buy and wait  until right dates announced. Also  month of December is the peak season for tourist. So their last quarter earnings should be increased .In addition to that  most of companies among top 10 share holder list including EPF, ETF. So we can keep trust about this share. You never lose with this share if you buy this for current price.

23EDEN HOTEL LANKA PLC (EDEN.N0000) Empty Re: EDEN HOTEL LANKA PLC (EDEN.N0000) Thu Nov 26, 2015 8:30 pm

Udara Rangana

Udara Rangana
Equity Analytic
Equity Analytic
buy and rest. more buyers . not less sellers .

24EDEN HOTEL LANKA PLC (EDEN.N0000) Empty Re: EDEN HOTEL LANKA PLC (EDEN.N0000) Mon Dec 30, 2019 9:21 pm

Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Disclosure from LOLC Corporate Services

https://cdn.cse.lk/cmt/announcement_portal_prod/CSE%20Disclosure%20-Eden_20522125939841909.pdf

EDEN HOTEL LANKA PLC (EDEN.N0000) Screen52

25EDEN HOTEL LANKA PLC (EDEN.N0000) Empty Re: EDEN HOTEL LANKA PLC (EDEN.N0000) Mon Dec 30, 2019 9:35 pm

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics
If the right wants to sell, share must be above 20. So they have to raise the price unless poeple will not buy shares because they can buy from market than Right!!!!

So we have to think but with or without reasons EDEN must move up.

Sponsored content


Back to top  Message [Page 1 of 4]

Go to page : 1, 2, 3, 4  Next

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