CFT Revaluation the Property they are going to Sell at 1.88 Billion Rupees.

Gainer

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CFT high buying presure Next week it will be a hot seat

wisdom79

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CFT WILL FLY ON MONDAY. IT WILL REACH 12 EASILY. WAIT AND SEE!

Very Happy

BUY TODAY AND SELL TOMORROW!

point

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if you bought at 5.9 you should sell at 7.8 0r 8.00 if you are a short term investor with 30% profit. It does not mean value of the share is 7.70 or 7.80. that is happening now. maybe another 2,3 million shares will satisfy the collector. who knows. May be not. 13 million CFT shares flying over market

Teller

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Point is correct....new Revaluation theories in the forum in a recent time. Applied to EMER/CFT/ALUF...but theory looks fail.

Gainer

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Ceylon & Foreign Trades buys Colombo 14 property
Ada Biz Admin
Top News
December 2nd, 2014

Ceylon & Foreign Trades PLC has purchased the property and buildings at No. 258, Vincent Perera Mawatha in Colombo 14 for Rs. 1,015,501,066.

This transaction has been made with the approval of shareholders with more than 75 per cent shares in the company.

http://www.adaderana.lk/bizenglish/ceylon-foreign-trades-buys-colombo-14-property/

http://www.cse.lk/cmt/uploadAnnounceFiles/6771417495773_766.pdf

CFT Revaluation the this Property they are going to Sell at 2 Billion Rupees DOUBLE PROFIT.

http://www.cse.lk/cmt/uploadAnnounceFiles/991433387472_766.pdf

(May be this property Unilever Sri Lanka Limited ?)

Daniel260476

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Gainer wrote:Ceylon & Foreign Trades buys Colombo 14 property
Ada Biz Admin
Top News
December 2nd, 2014

Ceylon & Foreign Trades PLC has purchased the property and buildings at No. 258, Vincent Perera Mawatha in Colombo 14 for Rs. 1,015,501,066.

This transaction has been made with the approval of shareholders with more than 75 per cent shares in the company.

http://www.adaderana.lk/bizenglish/ceylon-foreign-trades-buys-colombo-14-property/

http://www.cse.lk/cmt/uploadAnnounceFiles/6771417495773_766.pdf

CFT Revaluation the this Property they are going to Sell at 2 Billion Rupees DOUBLE PROFIT.

http://www.cse.lk/cmt/uploadAnnounceFiles/991433387472_766.pdf

(May be this property Unilever Sri Lanka Limited ?)

You finished promoting EMER ??

Gainer

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Just information these two stocks EMER , CFT current trading price major opportunity both are will move up

Maran

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Gainer wrote:Ceylon & Foreign Trades buys Colombo 14 property
Ada Biz Admin
Top News
December 2nd, 2014

Ceylon & Foreign Trades PLC has purchased the property and buildings at No. 258, Vincent Perera Mawatha in Colombo 14 for Rs. 1,015,501,066.

This transaction has been made with the approval of shareholders with more than 75 per cent shares in the company.

http://www.adaderana.lk/bizenglish/ceylon-foreign-trades-buys-colombo-14-property/

http://www.cse.lk/cmt/uploadAnnounceFiles/6771417495773_766.pdf

CFT Revaluation the this Property they are going to Sell at 2 Billion Rupees DOUBLE PROFIT.

http://www.cse.lk/cmt/uploadAnnounceFiles/991433387472_766.pdf

(May be this property Unilever Sri Lanka Limited ?)

Yes Gainer you are giving some good information very interesting.

CFT last December buy this property at cheap price nearly 1 Billion. After Revaluation 75% huge value increase.
May be they bought this property for business purpose that'swhy they Revalue for SALE.
May be they will sell at more than revaluation price and Nearly 2 Billion.
Then 100% gain for CFT from this Deal.

Teller

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Asanga senavirathna baught some lands rs.400 per perch and revalued it upto 100,000 per pearch and created ANILANA hotels-ALHP, is this kind of valuation , has CFT done??

wisdom79

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CFT surely will reach 9.50 this week and its target is to reach 12. I think in few days it will reach there. No need to worry those who bought.

It is much better than SFL

shadow walker

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wisdom79 wrote:CFT surely will reach 9.50 this week and its target is to reach 12. I think in few days it will reach there. No need to worry those who bought.

It is much better than SFL

better than SFL... lol!

are you mad....
lol!

CFT is only a gilmart

point

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What about SFL, is it recommended as a valuable stock.????????? how about their business continuity progress.

Ryan Hudson

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It is not advisable to compare CFT against SFL, CFT has purchased Unilever land, at a discounted price, 50% discount so if they realise thats huge gain for cft, and if they go for a joint venture thats more than massive gain on this land next this land value will be 3 billion each year 500 million added to company value

Gainer

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Unilever sells over 4-acre Grandpass property for billion rupees to Ceylon and Foreign Trades

Unilever Sri Lanka Ltd., (previously Lever Brothers Ceylon Ltd.) has sold its extensive Grandpass property of over four acres, three roods and 8.6 perches for a consideration of over rupees one billion to Ceylon and Foreign Trades Plc. (CFT).

CFT has called an extraordinary general meeting of its shareholders on Jan 16 for the purpose of passing special resolutions authorizing the purchase an also for borrowing the purchase consideration from Sampath Bank to finance the transaction.

The company will mortgage the property it has bought to Sampath as security against the borrowing and shareholder authorization is also being sought authorizing the CFT board, to dispose at their discretion current investments held by the company including its stores and office complex at K. Cyril. C. Perera Mawatha (Bloemendhal Road) to partially settle the borrowings at prices and terms to be determined by the board.

http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=117451

wisdom79

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OOOOOOOOOOOOHHHHHHHHHH....! CFT, CFT,CFT WILL FLY LIKE A JET LOOKING FOR STARS IN THE SKY. those who bought are the luckiest ones.

What will be the share price........ 7,8,9,10......12.....17.. oh! wow!

WONDERFUL........!

Gainer

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CFT for this capital gain Share Holders Highly Expecting some thing good Announcement.

Dr. S A Gulamhusein, Chairman of CFT he will give some thing for share holders.

Yahapalanaya

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All the Operating profit(Last quarter 8 million) absorbed by finance cost(8 million).Property should be sold if Dr has brain.It would not only give one time profit but recurring profit as well because of less finance cost or finance income.
Wink

Teller

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Agree with yahapalanaya, they should see some strategic plans.

bandara 123

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They have obtain a term loan facility from SAMP to purchase the property.In the balance sheet that's why the borrowings have jumped from Rs80.0mn to Rs1.0bn as at 31/03/15. However by now they are in a massive profit over the said land which took less than one year period to get that return. Further going concern the company anyway has to sell the said property or some other properties(idling assets) to settle the loan facility since it will be a burden for the company. However since they are now on a propfit of close to Rs1.0bn from the said land, can describe that the directors took a bold decision to purchase the property on behalf of the company and all the shareholders are now going to benefit from it now.

Apart from that they have retained profits of Rs1.0bn in their books as well.

It is 100% sure another announcement is pending here sooner than later with regard to the CFT. That announcement will be a very positive one for the share holders.

wisdom79

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Wonderful, that means CFT will move up day by day!

Happy journey! Reach 12 easily!

bandulawee

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Is Gainer and Wisdom going on a buying spree of CFT. I am sure they will be multi millionaires when CFT touches 12. Others don't buy but hold till this reach the magical number.

shane001

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Based on financial information this share should reached to 11 - 12. May be someone need to collect below 8. Will see what will happend this week.

shadow walker

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shane001 wrote:Based on financial information this share should reached to 11 - 12. May be someone need to collect below 8. Will see what will happend this week.

what kind of financial information... profit up by revaluation. there's no any other value in CFT Mad

wisdom79

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We can see the profit in its report, not any other way, any one can understand that this will reach 12 or above easily.

Tomorrow i hope to buy again at 7. It will fly soon. Panic sellers are selling only small amounts. Tomorrow it will blast early morning!

shane001

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I also agree with u. So best information by refering there reports. So will see

Maran

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CFT Another good news and announcement pending.

wisdom79

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Yes, some one pushed down to collect but it is not successful, it will move up tomorrow, Only small panic sellers are selling not others. They will buy this at 12 again!

Gainer

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CFT Panic sellers welcome

wisdom79

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Earnings per Share- Basic 5.09 , Net Asset Value per share 11.30, Only 13480041 shares in the market.

It will fly surely, waiting to buy more

sellers are welcome.................buy.....! king

Maxime

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bandara 123 wrote:They have obtain a term loan facility from SAMP to purchase the property.In the balance sheet that's why the borrowings have jumped from Rs80.0mn to Rs1.0bn as at 31/03/15. However by now they are in a massive profit over the said land which took less than one year period to get that return. Further going concern the company anyway has to sell the said property or some other properties(idling assets) to settle the loan facility since it will be a burden for the company. However since they are now on a propfit of close to Rs1.0bn from the said land, can describe that the directors took a bold decision to purchase the property on behalf of the company and all the shareholders are now going to benefit from it now.

Apart from that they have retained profits of Rs1.0bn in their books as well.

It is 100% sure another announcement is pending here sooner than later with regard to the CFT. That announcement will be a very positive one for the share holders.

Yes CFT after Announcement surly it will move up 12.00 levels , Now best time for buy.

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CFT Revaluation the Property they are going to Sell at 1.88 Billion Rupees.

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point

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point

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