CENTRAL INDUSTRIES PLC (CIND.N0000)

CIND is highly underlooked stock... we should keep in touch with it..it will burst soon ..+/- split and div

Bakkabwoi wrote:CIND is highly underlooked stock... we should keep in touch with it..it will burst soon ..+/- split and div

100% correct. It will rocket in very near future with positive news.

Collect now and hold, around 50% return with market recover.

Why this shares is comeing down?

it will recover towards the report !

Why CIND hardly moving?

low volumes in the market.. less beta value.. gradually it wil come towards 150

The project will be implemented by the Ministry of Water Supply. The World Bank support of $40 million builds on the existing WASSIP project of $165 million.

There are 18 active projects in the World Bank’s portfolio in Sri Lanka amounting to $2.3 billion in a variety of sectors including transport, urban, water, education, and health.

https://www.worldbank.org/en/news/press-release/2021/09/10/sri-lanka-world-bank-sign-agreement-to-expand-water-supply-and-sanitation-coverage-for-more-than-1-million-people

Sri Lanka, World Bank Sign Agreement to Expand Water Supply and Sanitation Coverage for More than 1 Million People

https://www.worldbank.org/en/news/press-release/2021/09/10/sri-lanka-world-bank-sign-agreement-to-expand-water-supply-and-sanitation-coverage-for-more-than-1-million-people

Projects are on track
http://www.waterboard.lk/web/index.php?option=com_content&view=article&id=109:awarded-contracts&catid=58:tenders-contracts&Itemid=296&lang=en

Bid Notice Published on Daily News on 06th October 2021

https://drive.google.com/file/d/1AFc02w0B74-LLCjzSAAwkoBWai0aA_J7/view

PM inaugurates 266 million USD Jaffna-Kilinochchi Water Supply Project.

https://www.newswire.lk/2021/10/06/n-usd-jaffna-kilinochchi-water-supply-project/

Drinking water woes in Rajarata to be solved


A’pura North water supply project - Phase one
 * The expenditure to be incurred for the water project is Rs. 11515 million, of which a major portion is invested by JICA and the balance by the Government. 

Mahaweli ‘H’ Zone’s Thambuththegama water project-


The cost to be incurred for the completion of the water project is Rs. 17,000 million. The China Development Bank is the main funding agency.



https://www.sundayobserver.lk/2021/08/22/features/drinking-water-woes-rajarata-be-solved

Bid Notice Published on Daily News on 13th October 2021

https://drive.google.com/file/d/1-Gpdp-qR6GTIIxESqFmz8iJB94k0BUQv/view

Japan shares experiences on water supply development

As a long-standing friend of Sri Lanka, Japan has been playing an important role in the water development sector in Sri Lanka through both public and private sectors. Water development is one of the highest priorities for the Government of Japan’s assistance toward Sri Lanka. Japan will remain committed to assisting the supply of safe water and the improvement of the sanitation environment through providing high-quality infrastructure and sharing advanced water management technology and expertise to realize the ‘Water for All’ initiative of the Government of Sri Lanka.


https://www.dailynews.lk/2021/10/13/features/261799/japan-shares-experiences-water-supply-development

Bid Notice 20th October 2021

http://www.waterboard.lk/web/index.php?option=com_content&view=article&id=40&Itemid=199&lang=en#publication-of-bid-notice-20th-october-2021

What is your TP for cind??

CIND’s journey has just begin & long way to go. The government’s 100% water project is just started & 680mn worth of direct contracts already been awarded to CIND. The project period is 2021-2025 & RS 1tn been allocated. CIND will be one of the biggest beneficiary of the project. So it’s hard to give a target price, you should have your own strategy( if you are looking for a shot term gain 20%-30% or try to get the maximum benefit by holding it for the long term.

Thanks for the updates

Bid Notice Published on Daily News on 27th October 2021

https://drive.google.com/file/d/1UJhdPZ9hXTgszllD-jENfbk_chL54sac/view

LHW wrote:Bid Notice Published on Daily News on 27th October  2021

https://drive.google.com/file/d/1UJhdPZ9hXTgszllD-jENfbk_chL54sac/view

What are you think about it.
Buy or sell

Basu wrote:

LHW wrote:Bid Notice Published on Daily News on 27th October  2021

https://drive.google.com/file/d/1UJhdPZ9hXTgszllD-jENfbk_chL54sac/view

What are you think about it.
Buy or sell

Based on Fundamentals, Technicals & Future business opportunities take your own decision.

Bid Notice Published on Daily News on 03th November 2021

https://drive.google.com/file/d/1NxJY1zU8YKEdnZgdjj4dEG_LgE3KJX6r/view

Now better to enter CFIN mother company of Cinvd

Will this be benifitted CIND ??


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[size=33]Construction work of US $ 966mn Mahaweli Water Security Development programme to be expedited[/size]



6 November 2021 01:07 am- 0     - 34 


A A A

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The Cabinet nod was recently given to expedite the construction work of  the US $ 966 million Mahaweli Water Security Development Programme, which is mainly funded by the Asian Development Bank  (ADB), to be completed within four years.


The programme, which is expected to complete the outstanding water conveyance investments under the Mahaweli Development Programme, aims to maximise the productivity of the Mahaweli river basin water resources by transferring the available water to the northern dry zone areas of Sri Lanka for irrigation, drinking and commercial purposes.


The cost of the programme is mainly funded by ADB, under a  10-year tranche financing facility, while the remaining balance is financed by the government. 

Based on a policy decision taken by the government, the relevant construction work, which was scheduled to be completed in six years, is planned to be completed within four years i.e. by 2025, according to the Government Information Department.


Accordingly, Irrigation Minister Chamal Rajapaksa recently sought the approval of the Cabinet of Ministers to amend the relevant contract accordingly and take the necessary steps to expedite the constructions activities of the project to be completed by 2025.


Under this project, the North Central Canal, North Western Canal, Minipe Canal, Meegahakirula and Mahakitula storage reservoir systems are being constructed to meet the acute drinking and irrigation water requirements of the North, North Central, North Western and Central provinces. 


It is also expected to supply the surplus water stored in the Moragahakanda and Kalu Ganga reservoirs to utilise for 73,800 hectares of irrigable lands in the North and North Central provinces for both seasons and for the benefit of 250,000 families.

K.R wrote:Will this be benifitted CIND ??


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Sat, 06 Nov 2021 Today's Paper

[size=33]Construction work of US $ 966mn Mahaweli Water Security Development programme to be expedited[/size]



6 November 2021 01:07 am- 0     - 34 


A A A

---

The Cabinet nod was recently given to expedite the construction work of  the US $ 966 million Mahaweli Water Security Development Programme, which is mainly funded by the Asian Development Bank  (ADB), to be completed within four years.


The programme, which is expected to complete the outstanding water conveyance investments under the Mahaweli Development Programme, aims to maximise the productivity of the Mahaweli river basin water resources by transferring the available water to the northern dry zone areas of Sri Lanka for irrigation, drinking and commercial purposes.


The cost of the programme is mainly funded by ADB, under a  10-year tranche financing facility, while the remaining balance is financed by the government. 

Based on a policy decision taken by the government, the relevant construction work, which was scheduled to be completed in six years, is planned to be completed within four years i.e. by 2025, according to the Government Information Department.


Accordingly, Irrigation Minister Chamal Rajapaksa recently sought the approval of the Cabinet of Ministers to amend the relevant contract accordingly and take the necessary steps to expedite the constructions activities of the project to be completed by 2025.


Under this project, the North Central Canal, North Western Canal, Minipe Canal, Meegahakirula and Mahakitula storage reservoir systems are being constructed to meet the acute drinking and irrigation water requirements of the North, North Central, North Western and Central provinces. 


It is also expected to supply the surplus water stored in the Moragahakanda and Kalu Ganga reservoirs to utilise for 73,800 hectares of irrigable lands in the North and North Central provinces for both seasons and for the benefit of 250,000 families.

Yes
This indicates the government's "Water for All" initiative is backing by organizations such as ADB & World bank so funding wont be an issue going forward.The target can be achieved "100% water by 2025

· Revenue: LK₨1.83b (up 57% from 2Q 2021).
· Net income: LK₨193.8m (up 52% from 2Q 2021).

Excellent results even during lockdowns

Bid Notice Published on Daily News on 10th November 2021

https://drive.google.com/file/d/14SkEJDh-lih4qjA8NAxrJPQkqNSGIyzt/view

Now this is overpriced. Should trade below 130

Then 
NIFL, LOFC, CLC, LOLC, PACK,KZOO, PAP, GLASS, RIL ,................ are under PRICE.
HAAAAAAAAAAAAAAA