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


ADVERTISE
Poll

EXCHANGE RATE PREDICTION: 2022

 
 
 
 

View results

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» POSITIVES & TARGETS BY IMTIAZ BUHARDEEN
by ChooBoy Today at 9:30 pm

» Sri Lankan corporations reap large profits as workers and rural toilers face poverty and starvation
by CHRONICLE™ Today at 6:37 pm

» අද රාත්‍රියෙන් පසු, යක්ෂයාගේ හෝරාව ඇරඹේ!
by God Father Today at 6:13 pm

» Derana 360 with Minister Dhammika Perera
by samaritan Today at 1:07 pm

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by LHW Today at 9:24 am

» Breaking News- Kanchana to go to Qatar ; 2 more ministers off to Russia
by Beyondsenses Today at 8:13 am

» PM thanks President Biden for assuring US support to Sri Lanka
by Beyondsenses Today at 8:07 am

» Sri Lanka Stock Market heading toward ASPI 4500
by God Father Yesterday at 9:14 pm

» Why no power cuts in certain areas of Colombo?
by God Father Yesterday at 8:03 pm

» Expolanka to continue its winning streak
by samaritan Yesterday at 9:49 am

» කොළඹ රාජකීය ගොල්ෆ් සමාජය විසින් රජයේ දේපළ අවභාවිත කිරීම
by ddindika Yesterday at 9:33 am

» LOLC to enter the giant Indian Market
by samaritan Yesterday at 9:17 am

» LOLC HOLDINGS PLC (LOLC.N0000)
by CHRONICLE™ Yesterday at 6:46 am

» SOEs within Minimum Programme for Economic Recovery
by CHRONICLE™ Yesterday at 6:44 am

» COVID WAVES: Can there be another Covid-19 wave in Sri Lanka?
by CHRONICLE™ Yesterday at 6:36 am

» Luminex Limited lists on the Diri Savi Board after a capital raise of Rs. 250 Million
by CHRONICLE™ Yesterday at 6:34 am

» Importance of Agroforestry for Sri Lanka
by CHRONICLE™ Yesterday at 6:31 am

» Nivard Cabraal sets record straight on decision to allow flexibility to the rupee
by God Father Sun Jun 26, 2022 11:15 pm

» Baseless accusations against the former Governor Nivard Cabraal
by ChooBoy Sun Jun 26, 2022 10:44 pm

» Heavy losses at CPC whilst LIOC records profit
by ChooBoy Sun Jun 26, 2022 1:32 pm

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™ » Don't buy CLND, CITK, REEF 19

Don't buy CLND, CITK, REEF 19

+6
player
WildBear
monash
kcrRanz
Invest-Wise
sapumal
10 posters

Go down  Message [Page 1 of 1]

1Don't buy CLND, CITK, REEF 19 Empty Don't buy CLND, CITK, REEF 19 Thu Sep 04, 2014 3:29 pm

sapumal


Vice President - Equity Analytics
Vice President - Equity Analytics

CLND - net assets per share is @15.
REEF W19 - expires on June 2015. REEF needs to perform above 45 to be successful
CITK - No plan to start constructing the hotel. Land value is reducesing ( leased land for 99 years) and it has invested 1.2Bn ruppees on CLND at expensive price.

2Don't buy CLND, CITK, REEF 19 Empty Re: Don't buy CLND, CITK, REEF 19 Thu Sep 04, 2014 3:59 pm

Invest-Wise

Invest-Wise
Manager - Equity Analytics
Manager - Equity Analytics

Reef W 19 I do agree. CITK the construction is starting as it was to start after waskaduwa was over. CLND the new wing is coming up and they will have additional income and rents are also increased I guess for the existing ones. And CLND and CITK are more orless at very low levels and has not increased. So downside is very minimal. Also with Reef and CITW the group shares generally move...once again as i said ....before..herd instinct!

3Don't buy CLND, CITK, REEF 19 Empty Re: Don't buy CLND, CITK, REEF 19 Thu Sep 04, 2014 5:14 pm

sapumal


Vice President - Equity Analytics
Vice President - Equity Analytics

thanks for the information.
But CLND net assets per share is 15. Can't justify share value above 25 with EPS , NAV, PE, PBV. highly overvalued @current price.
CITK can't start any hotel projects.They can give thousand reasons, but there is only one reason. They don't have any cash to build a hotel. Most of the money is stucked in CLND.
They have 2.1bn assets. 400Mn land.
They have bought shares more than 1.2bn. DJ first bough CLND at 20. Then after 2 weeks he sold his stake @43 to the CITK. So investment in the CLND has huge loss.
Also CITK has loss 330,239,887 before start doing anything.
Normally we can expect a interest income when we have lot of money. But they have spend 330Mn for nothing I guess.
The last option to raise the price is give some right issue with warrants. At least some share holders can exit with little sorrow.

4Don't buy CLND, CITK, REEF 19 Empty Re: Don't buy CLND, CITK, REEF 19 Thu Sep 04, 2014 5:42 pm

kcrRanz


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

but don't forget, this is CSE......anything can be happen......Wapo went to 1000+ i ll bet u CITK ll run to 7 within next few days.......LT it may not a good share.....but for a short term its reading to run....

5Don't buy CLND, CITK, REEF 19 Empty Re: Don't buy CLND, CITK, REEF 19 Thu Sep 04, 2014 5:55 pm

monash

monash
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

sapumal wrote:CLND - net assets per share is @15.
REEF W19 - expires on June 2015. REEF needs to perform above 45 to be successful
CITK - No plan to start constructing the hotel. Land value is reducesing ( leased land for 99 years) and it has invested 1.2Bn ruppees on CLND at expensive price.

We can't trade with REEF group with fundamental mindset. Non of their share backed by fundamentals other than NAVPS. But we should look at future potential. CITW will start to show operative income from this quarter onwards and Government expecting a boom in Tourism  on next few years and spend billions of dollars to build infrastructure.

So eventually we can expect a growth in Hotel sector.

Mate for REEF warrants june 2015 is a long way ahead. We will able to see lot of ups and downs until that time. Who knows where REEF.N will positioned at that time. Very Happy If someone play it right you can make tons of profits but otherwise you can be bankrupt too.. Wink

It is more important to look at technicals, trends and read the mind of manipulators rather than fundamentals when trading with these type of trading stocks. Very Happy

6Don't buy CLND, CITK, REEF 19 Empty Re: Don't buy CLND, CITK, REEF 19 Thu Sep 04, 2014 7:09 pm

WildBear


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

REEF.W19 didn't go below 2.4 today, again it jumped back to 2.6, i guess this warrent has some more life than expected. I like the comment by monash, 2015-June is long way ahead. Things are happening in hours and days.
Yes, We should not play with REEF.w19 with investment mindset, unless someone is going to acquire strategic stake

7Don't buy CLND, CITK, REEF 19 Empty Re: Don't buy CLND, CITK, REEF 19 Thu Sep 04, 2014 7:16 pm

player

player
Moderator
Moderator

Thank you for the support Smile You may remember what i said earlier, Real run yet to begin and it will start from REEF N.

8Don't buy CLND, CITK, REEF 19 Empty Re: Don't buy CLND, CITK, REEF 19 Thu Sep 04, 2014 11:06 pm

Invest_Wisely


Manager - Equity Analytics
Manager - Equity Analytics

For the above shares to move REEF.N needs to move considerably....


9Don't buy CLND, CITK, REEF 19 Empty Re: Don't buy CLND, CITK, REEF 19 Thu Sep 04, 2014 11:09 pm

cse_investor1


Equity Analytic
Equity Analytic

Agreed....

10Don't buy CLND, CITK, REEF 19 Empty Player Fri Sep 05, 2014 1:08 am

Aravinda85


Stock Analytic
Stock Analytic

player wrote:Thank you for the support Smile You may remember what i said earlier, Real run yet to begin and it will start from REEF N.

Player,

Do you have a similar expectation on clnd as well and what would be the price target on that. Any time frame?

Have been following this forum and your and some others posts for quite some time.

Thanks Smile

11Don't buy CLND, CITK, REEF 19 Empty Re: Don't buy CLND, CITK, REEF 19 Fri Sep 05, 2014 10:43 am

Aravinda85


Stock Analytic
Stock Analytic

Looks like something is about to happen.

12Don't buy CLND, CITK, REEF 19 Empty Re: Don't buy CLND, CITK, REEF 19 Fri Sep 05, 2014 10:48 am

Sarabulathwita

Sarabulathwita
Vice President - Equity Analytics
Vice President - Equity Analytics

Aravinda85 wrote:Looks like something is about to happen.


Nothing going to happen, kanda haliye set eka wikunanna wage hadanne

Owa kohe goda dannada machan, api nodanne chess.


Exclamation Exclamation Exclamation Exclamation Exclamation

13Don't buy CLND, CITK, REEF 19 Empty Re: Don't buy CLND, CITK, REEF 19 Fri Sep 05, 2014 10:49 am

Sarabulathwita

Sarabulathwita
Vice President - Equity Analytics
Vice President - Equity Analytics

sapumal wrote:CLND - net assets per share is @15.
REEF W19 - expires on June 2015. REEF needs to perform above 45 to be successful
CITK - No plan to start constructing the hotel. Land value is reducesing ( leased land for 99 years) and it has invested 1.2Bn ruppees on CLND at expensive price.

Agree with you

you are carrot

Back to top  Message [Page 1 of 1]

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