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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » HOTEL AND TRAVEL SECTOR

HOTEL AND TRAVEL SECTOR

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73 posters

Go to page : Previous  1, 2, 3, 4, 5, 6, 7  Next

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51HOTEL AND TRAVEL SECTOR - Page 3 Empty Hotels will become active Sat May 20, 2017 9:58 pm

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Matter of time.
GSP shares ran.Then plantations now penny shares and next?Easy answer.
You can name your picks.

52HOTEL AND TRAVEL SECTOR - Page 3 Empty Re: HOTEL AND TRAVEL SECTOR Sun May 21, 2017 6:20 pm

lakmal87


Manager - Equity Analytics
Manager - Equity Analytics

HSIG
KHC
SHOT

53HOTEL AND TRAVEL SECTOR - Page 3 Empty Re: HOTEL AND TRAVEL SECTOR Sun May 21, 2017 7:04 pm

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

we can see tomorrow.I'm not promoting.I have HSIG to take dividends.

54HOTEL AND TRAVEL SECTOR - Page 3 Empty Re: HOTEL AND TRAVEL SECTOR Sun May 21, 2017 8:42 pm

dow


Manager - Equity Analytics
Manager - Equity Analytics

STAF dividend next week..

55HOTEL AND TRAVEL SECTOR - Page 3 Empty Re: HOTEL AND TRAVEL SECTOR Sun May 21, 2017 8:44 pm

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

dow wrote:STAF dividend next week..
HSIG also.Plus Hotels did not run yet.My money on hotels

56HOTEL AND TRAVEL SECTOR - Page 3 Empty Re: HOTEL AND TRAVEL SECTOR Mon May 22, 2017 9:59 am

prabath


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

Reef leading the way to hotel run

57HOTEL AND TRAVEL SECTOR - Page 3 Empty Re: HOTEL AND TRAVEL SECTOR Tue May 23, 2017 7:04 am

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics

Reef has discouraged the investor sentiment in a bad way.

58HOTEL AND TRAVEL SECTOR - Page 3 Empty Re: HOTEL AND TRAVEL SECTOR Tue May 23, 2017 7:38 am

Richman


Equity Analytic
Equity Analytic

I think the hotel run was affected by the profit taking of other shares. So a good opportunity to collect hotel shares. Once the ASI becomes green, hotel shares will become greener.

59HOTEL AND TRAVEL SECTOR - Page 3 Empty Re: HOTEL AND TRAVEL SECTOR Wed May 24, 2017 10:53 am

EquityChamp

EquityChamp
Moderator
Moderator

I can see it is happening now. Shares like GHLL, KHC, STAF, AHPL, TRAN should be watched for.

60HOTEL AND TRAVEL SECTOR - Page 3 Empty Re: HOTEL AND TRAVEL SECTOR Wed May 24, 2017 10:59 am

DS Wijesinghe


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

My advice is before anyone rushing to buy Hotels, please do your own research on past 6 year profitability of the hotels you are investing. Also There is no point in buying a share which has no track record in declaring dividends

Do not burn your hands and loose your hard earned money by investing in penny speculative stocks

61HOTEL AND TRAVEL SECTOR - Page 3 Empty Re: HOTEL AND TRAVEL SECTOR Wed May 24, 2017 11:09 am

EquityChamp

EquityChamp
Moderator
Moderator

DS Wijesinghe wrote:My advice is before anyone rushing to buy Hotels, please do your own research on past 6 year profitability of the hotels you are investing. Also There is no point in buying a share which has no track record in declaring dividends

Do not burn your hands and loose your hard earned money by investing in penny speculative stocks

That's correct DS. That should be the way before doing any investment. cheers Positive rep given.

62HOTEL AND TRAVEL SECTOR - Page 3 Empty Re: HOTEL AND TRAVEL SECTOR Wed May 24, 2017 12:39 pm

Kashyapa Senarathne

Kashyapa Senarathne
Senior Equity Analytic
Senior Equity Analytic

HSIG  Dividend will be announced in this month

Reef acting a major part of hotel sector within4-5 weeks

63HOTEL AND TRAVEL SECTOR - Page 3 Empty Re: HOTEL AND TRAVEL SECTOR Wed May 24, 2017 12:42 pm

Kashyapa Senarathne

Kashyapa Senarathne
Senior Equity Analytic
Senior Equity Analytic

Someone slowly collecting reef group.. look CITK

64HOTEL AND TRAVEL SECTOR - Page 3 Empty Re: HOTEL AND TRAVEL SECTOR Wed May 24, 2017 12:48 pm

DS Wijesinghe


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Kashyapa Senarathne wrote:Someone slowly collecting reef group.. look CITK

Any member of this forum who is investing in REEF, I strongly advice to stick with the following homework

1. Check their profitability for at least 5 years. They should have made profits at least 4 years out of those 5 years

2. Check their dividend record for the last 5 years. They should have declared a dividend at least 4 years out of those 5 years

If REEF does not pass through the above test, it's absolutely prudent not even bother to touch it.

65HOTEL AND TRAVEL SECTOR - Page 3 Empty Re: HOTEL AND TRAVEL SECTOR Thu May 25, 2017 7:49 am

Richman


Equity Analytic
Equity Analytic

Kashyapa Senarathne wrote:Someone slowly collecting reef group.. look CITK
Yes. Reef, CITK and CITW will move up any moment. Hotel run and penny stock run will push them up. GHLL also on the move.

66HOTEL AND TRAVEL SECTOR - Page 3 Empty Re: HOTEL AND TRAVEL SECTOR Thu May 25, 2017 9:24 am

EquityChamp

EquityChamp
Moderator
Moderator

EquityChamp wrote:I can see it is happening now. Shares like GHLL, KHC, STAF, AHPL, TRAN should be watched for.
I see god value in these counters. The rest including REEF, Citrus and stranded with huge losses. Think 1000 times before you decide to play with a bomb.

67HOTEL AND TRAVEL SECTOR - Page 3 Empty Re: HOTEL AND TRAVEL SECTOR Thu May 25, 2017 12:51 pm

rizan666


Senior Equity Analytic
Senior Equity Analytic

Though REEF.N has not performed in the past, there are inside talks going on with collection.
What could be the reason?

68HOTEL AND TRAVEL SECTOR - Page 3 Empty Re: HOTEL AND TRAVEL SECTOR Thu May 25, 2017 1:32 pm

Indranige nandamma


Stock Trader

rizan666 wrote:Though REEF.N has not performed in the past, there are inside talks going on with collection.
What could be the reason?
We don't know anyone collecting REEF. If you know people who collecting REEF could you please ask the reason from them ?

69HOTEL AND TRAVEL SECTOR - Page 3 Empty Re: HOTEL AND TRAVEL SECTOR Thu May 25, 2017 3:24 pm

DS Wijesinghe


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Indranige nandamma wrote:
rizan666 wrote:Though REEF.N has not performed in the past, there are inside talks going on with collection.
What could be the reason?
We don't know anyone collecting REEF. If you know people who collecting REEF could you please ask the reason from them ?

Some may be collecting for some inside information they are having,hoping that once that information is out the stock price will move up for then to make a fast buck

The current stock market does not provide any opportunity for any speculative gains from Penny Stocks. You need to understand that investors will not rush to buy REEF like good old days, even if there is positive news because over and over again during the past few years it has proven that such price advances of REEF are short lived and it comes down again with a Thump, faster than it went up

Better to keep your money in a Savings Account rather than investing in such Pennies. You will earn a better return

70HOTEL AND TRAVEL SECTOR - Page 3 Empty Re: HOTEL AND TRAVEL SECTOR Fri May 26, 2017 10:32 am

Kashyapa Senarathne

Kashyapa Senarathne
Senior Equity Analytic
Senior Equity Analytic

Will c. What happened to reef. I can't tell what is the inside information about reef. But reef is gem within next 2 month

71HOTEL AND TRAVEL SECTOR - Page 3 Empty Re: HOTEL AND TRAVEL SECTOR Fri May 26, 2017 12:35 pm

DS Wijesinghe


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Kashyapa Senarathne wrote:Will c. What happened to reef. I can't tell what is the inside information about reef. But reef is gem within next 2 month

I do not know whether REEF will be a gem in the next 2 months. But certainly during the last 6 years it has been a 'Thiriwana' (an ordinary stone)

72HOTEL AND TRAVEL SECTOR - Page 3 Empty Re: HOTEL AND TRAVEL SECTOR Fri Jun 02, 2017 1:55 pm

Kashyapa Senarathne

Kashyapa Senarathne
Senior Equity Analytic
Senior Equity Analytic

DS Wijesinghe wrote:
Kashyapa Senarathne wrote:Will c. What happened to reef. I can't tell what is the inside information about reef. But reef is gem within next 2 month

I do not know whether REEF will be a gem in the next 2 months. But certainly during the last 6 years it has been a 'Thiriwana' (an ordinary stone)
You can believe?

73HOTEL AND TRAVEL SECTOR - Page 3 Empty Re: HOTEL AND TRAVEL SECTOR Fri Jun 02, 2017 1:57 pm

Kashyapa Senarathne

Kashyapa Senarathne
Senior Equity Analytic
Senior Equity Analytic

Richman wrote:
Kashyapa Senarathne wrote:Someone slowly collecting reef group.. look CITK
Yes. Reef, CITK and CITW will move up any moment. Hotel run and penny stock run will push them up. GHLL also on the move 
Boys enjoy with citk and citw+?reef

Next few days it's going more than 5

74HOTEL AND TRAVEL SECTOR - Page 3 Empty Re: HOTEL AND TRAVEL SECTOR Wed Jun 07, 2017 12:31 pm

Kashyapa Senarathne

Kashyapa Senarathne
Senior Equity Analytic
Senior Equity Analytic

Any odea with my opinion?

75HOTEL AND TRAVEL SECTOR - Page 3 Empty Re: HOTEL AND TRAVEL SECTOR Wed Jun 07, 2017 12:57 pm

saliya1000

saliya1000
Senior Equity Analytic
Senior Equity Analytic

ganna hoda monawada

76HOTEL AND TRAVEL SECTOR - Page 3 Empty Re: HOTEL AND TRAVEL SECTOR Wed Jun 07, 2017 1:09 pm

sisira.wijeweera


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

saliya1000 wrote:ganna hoda monawada
Code:

buy Gran 68.5. sell 110 after 3 month

77HOTEL AND TRAVEL SECTOR - Page 3 Empty Re: HOTEL AND TRAVEL SECTOR Thu Jun 08, 2017 8:51 am

EquityChamp

EquityChamp
Moderator
Moderator

nimantha80 wrote:Matter of time.
GSP shares ran.Then plantations now penny shares and next?Easy answer.
You can name your picks.
The hotel sector performance below expectation nimantha. But I saw very good results from Land & Property sector. The sector index has been ticking slowly as well. So as an industry what is in line is Land and Property

78HOTEL AND TRAVEL SECTOR - Page 3 Empty Hotels and Travels Sector Tue Jan 01, 2019 8:53 pm

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Hotels Association poised to make major economic contribution
2019-01-01

The hotel industry remains the only industry in the country which has the potential to turn around the sluggish economy. We eagerly look forward to the opportunity of partnering with the government in taking Sri Lanka’s economy to new levels, with proper incentives and conditions in place similar to those in other countries in the region, The Hotels Association of Sri Lanka (THASL), said in a year-end statement yesterday.

HOTEL AND TRAVEL SECTOR - Page 3 Image_1546324403-264718677cHOTEL AND TRAVEL SECTOR - Page 3 WAAACH5BAEKAAAALAAAAAABAAEAAAICRAEAOw==
“We further request the government to pursue both legal and policy reforms that will recognize tourism as an export industry and establish the necessary framework for a vibrant, diverse and successful tourism industry in Sri Lanka,” THASL President Sanath Ukwatte said.


THASL requests the government, once again, to treat the industry fairly. “Excessive and arbitrary taxation has made it very difficult for our member hotels to compete with other regional countries. Sri Lanka’s hotels pay 22 percent tax on the total revenue (not profit) in addition to corporate income tax (on profit). 

This includes taxes such as Value Added Tax (VAT), Nation Building Tax (NBT), Tourism Development Levy (TDL) and Economic Service Charge (ESC). This multiple taxation on both revenue and profit creates an environment that is unfavorable for Sri Lanka’s hotels and thereby makes our tourism offering uncompetitive in comparison to our neighbours. This is our strongest disincentive in developing the tourism industry.”


“In addition to the existing revenue-based tax burden, the tourism industry is also faced with municipalities and local governments threatening to charge an additional 1percent tax on total revenue. We believe this tax is entirely unrealistic, discriminatory and arbitrary as it only targets the hotel industry. Hotels already pay annual municipal and local government rates to cover municipal and local government services. We request the Government to abolish all such arbitrary taxes and adopt a simplified and fair tax policy similar to that applicable in other countries in the region. This is an urgent priority,” Ukwatte added.


“We would like to see the government taking some meaningful steps in the New Year to relieve us of uncompetitive tax burdens and encourage the sector to enhance and grow. We are hopeful that the budget for 2019 will accommodate our requests, in order to realize and strengthen the inherent potential of the industry.” 


THASL, which has a member base of over 250 hotels, said Sri Lanka is now steadily on the path to recovery, following a series of internal issues that rocked the industry.

 

http://www.dailymirror.lk/article/Hotels-Association-poised-to-make-major-economic-contribution-160509.html

79HOTEL AND TRAVEL SECTOR - Page 3 Empty Re: HOTEL AND TRAVEL SECTOR Wed Jan 02, 2019 7:51 am

easthetic


Equity Analytic
Equity Analytic

Higher taxes also leads businessmen to find ways to circumvent the tax payments as well.

80HOTEL AND TRAVEL SECTOR - Page 3 Empty Re: HOTEL AND TRAVEL SECTOR Tue Jan 08, 2019 8:14 pm

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Sri Lanka's Hunas Falls soars amid take-over offer

Jan 07, 2019 

Sri Lanka's Hunas Falls Hotels Plc, a hotel in Sri Lanka's knuckles mountain range has soared 19.3 percent amid a take-over offer.

Carbotels (Pvt) Ltd, and Amaya Leisure Plc has which own 66.2 percent of the firm has received a take-over-offer for their entire holding subject to due diligence, Hunas Falls said in a stock exchange filing.
No price was mentioned.

On Friday the stock gained 21.40 rupees to close at 131.80 rupees.

In the six months to September 2018, the hotel earned revenues of 68.7 million rupees up 4 percent from a year earlier and lost 1.3 million rupees. 

But a profit of 4.8 million rupees, down from 6.5 million rupees was posted for the quarter.
The hotel is located off Kandy.

https://economynext.com/Sri_Lanka_s_Hunas_Falls_soars_amid_take_over_offer-3-13063-7.html

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