BROWNS INVESTMENTS PLC (BIL.N0000)

Pbv wrote:As per today's top 20 shareholder list agstar ceo in top 20.

Also, BIL is a subsidiary of BRWN and both shares witnessed high volume transaction over the past three days. LOLC too witnessed high volumes over the past two days.

Sam what do you think about bil? Why such high volumes traded is some top 20 to exist or something els?

arun.cse wrote:

arun.cse wrote:

Thushara Ayya wrote:

hiransilva23 wrote:

Thushara Ayya wrote:Next........  BIL time

Cheap promoters

Yes, Thanks...

This may be not a cheap promotion,,, Recently this will pass 3.50. Within 6 months this will pass 5.0.  Will see

Anyone can remember this.....

Thank you Arun for remembering it....

RIGHT ISSUE ALSO FULLY SUBSCRIBED.
SO I FEEL THE PRICE IS AT ACCEPTABLE LEVEL.

Majority of the rights were purchased by Brown and Company as I believe. This is under LOLC one of the most prominent conglomerates and group has long journey to go . Every entity has its own future plans to sustain. Hence BIL , BRWN , LOLC might have good plans/projects yet to come . Also as an investor if you buy it at 3.50 you can’t always expect sudden upward trend to 4 where there might be a possibility to come down by few cents . Sometimes you may hold it for few months with lot of stress when other stocks moving upwards . One of my personal experiences where I bought BIL few millions at 2.80 and stuck for few moths which was a wrong transaction 3 months back and today it’s a good return for 3 months and it’s huge . So wishful when you are making decisions as such . P/S above is not a buy/sell recommendation.

spksd wrote:Majority of the rights were purchased by Brown and Company as I believe. This is under LOLC one of the most prominent conglomerates and group has long journey to go . Every entity has its own future plans to sustain. Hence BIL , BRWN , LOLC might have good plans/projects yet to come . Also as an investor if you buy it at 3.50 you can’t always expect sudden upward trend to 4 where there might be a possibility to come down by few cents . Sometimes you may hold it for few months with lot of stress when other stocks moving upwards . One of my personal experiences where I bought BIL few millions at 2.80 and stuck for few moths which was a wrong transaction 3 months back and today it’s a good return for 3 months and it’s huge . So wishful when you are making decisions as such . P/S above is not a buy/sell recommendation.

In my view this share is being manipulated. If you carefully peruse the trading pattern you will see the truth. I too had a different opinion earlier but now i feel its better to maintain social distancing from this share.

I also feel BIL game is over. But, Monday can move this up to 3.8 again technically.. And will come down again to 3 - 3.20 range and will stagnate there for next 3 months.

Will this also spice up the price . Some significant leisure sector under their portfolio

http://www.adaderana.lk/news/69900/sri-lanka-to-resume-commercial-charter-flights-from-dec-26

Boys, do you know the next game of C. trust and Browns....?

“Love Boy “ will you please elaborate more

Love Boy wrote:Boys, do you know the next game of C. trust and Browns....?

C. trust means Capital Trust

What's going on, share it with us?

Is capital trust going to sell their bil stake?

This can surprise anyone at anytime with their diversified portfolio. But this time, still there are no confirmed news.

Next EDEN Rs.15/=

Will BIL come down to 3 again to collect

Again foreign purchases today .. can we expect some good news soon

spksd wrote:Again foreign purchases today .. can we expect some good news soon

I also think so.

spksd wrote:Again foreign purchases today .. can we expect some good news soon

This type of foreign buying is not real foreign buying -Sri Lankans live in overseas some of us open accounts as FI accounts and when we BUY SELL it also goes as - Foreign BUY SELL - 

BIL -what will happen and whats going on is a different issue and am not going to touch that 

But we should not mislead by such locals buying as foreign buying that is what i wanted to explain ..

Only thing i feel is

spksd wrote:Again foreign purchases today .. can we expect some good news soon

This type of foreign buying is not real foreign buying -Sri Lankans live in overseas some of us open accounts as FI accounts and when we BUY SELL it also goes as - Foreign BUY SELL - 

BIL -what will happen and whats going on is a different issue and am not going to touch that 

But we should not mislead by such locals buying as foreign buying that is what i wanted to explain ..

Only thing i feel is

Thank you kalu351 ,yea you are correct even 1M is not a big deal since it’s a penny

kalu351 wrote:

spksd wrote:Again foreign purchases today .. can we expect some good news soon

This type of foreign buying is not real foreign buying -Sri Lankans live in overseas some of us open accounts as FI accounts and when we BUY SELL it also goes as - Foreign BUY SELL - 

BIL -what will happen and whats going on is a different issue and am not going to touch that 

But we should not mislead by such locals buying as foreign buying that is what i wanted to explain ..

Only thing i feel is

I strongly agree with you Kalu351. This sort of FB can be organized by the manipulators using our expats which does not involve big money. This is to induce locals to buy. So, as i stated earlier its better to maintain social distancing with this share.

Will the BIL break 4.00 soon

I have seen C-trust entered to EDEN now. Check the report.

Love Boy wrote:Next EDEN Rs.15/=

Wait...

There is a NEWS , BIL has got license to grow marjuna in sierra leone. Where they own 55000  acres of land through maturata plantation.
That announcement too will come soon to market

I presume these are rumors

LOLC Holdings PLC’s strategic investment arm, Browns Investments PLC (BI), yesterday acquired the controlling stake of 55.65% of Serendib Hotel PLC (Serendib) for a consideration of Rs. 792 million, the

company said in a statement. 

With this acquisition, BI will hold 56.67% of voting shares and 53.48% non-voting shares of Serendib. The investment was made by BI’s subsidiary leisure company, Eden Hotel Lanka PLC.

“The carefully-executed investment strategy of BI with a focus in the leisure sector building the optimum footprint is well positioned to capture the post-COVID growth in the tourism business. 

Building the construction business with complementary businesses and growth in the agriculture and plantations with expansion into value chain development will position Browns Investments as a strong and robust diversified Group within the LOLC Group with strong shareholder value creation in the medium to long term,” said Browns Investments Chairman Ishara Nanayakkara.

With this investment, BI will add Club Hotel Dolphin, Hotel Sigirya, Avani Bentota Resort and Lantern Beach Collection, Mirissa along with their management companies to BI’s existing leisure portfolio, The Eden Resort & Spa in Beruwala, The Paradise Resort & Spa in Dambulla, The Calm Resort & Spa in Passikudah and Dickwella Resort & Spa, Sheraton Kosgoda Turtle Beach Resort managed by the Marriott Group and Riverina Resort in Beruwala with 375 keys, which is under construction.

In the Maldives, BI’s leisure properties under construction includes, Nasandhura Palace Hotel in the city of Malé and Bodufinolhu in the Ari Atol. Nasandhura Palace is in the most coveted location in the city, nearing completion and will be ready for occupancy in the year 2021 and is a mixed development consisting of 118 luxury apartments, a five-star hotel with 135 keys and an upscale mall with shopping and entertainment. Bodufinolhu, an international four-star property, once ready for commercial operations in 2021 will have a mix of water villas, beach villas and beach suites accounting for 100 keys.

The Group also has the lease rights to three islands reclaimed in North Malé, Bodufaru, Kaafu Atol, to be developed as three five-star properties with a total of 470 keys. 

BI entered into a management agreement with Barceló, one of the largest global hotel operator chains to manage The Eden Resort and Spa, The Paradise Resort and Spa, Nasandhura and Bodufinolhu. Further, Barceló is to make an equity investment of 30% into the development of Bodufaru three island project.

The new investment will expand the leisure footprint of BI and the company is of the view that this will be a strong growth sector post COVID-19, gaining momentum in the latter part of 2021. The company believes that the new investment will complement its long-term leisure strategy of building a diverse leisure portfolio in Sri Lanka and in the Maldives.

Over the years, BI has developed its diverse investment portfolio, expanding its operations into construction and related businesses, Plantations and other strategic investments. The construction business has seen a significant growth, with Browns Engineering & Construction becoming one of the most sought-after telecom engineering companies in the country. 

The construction sector businesses are showing great potential in the medium to long term with Ajax Engineers – the aluminum fabricating arm, Gurind Accor – the renowned tempered glass supplier, General Accessories – the leading powder coating services provider, and Creations Wooden Fabricators – suppliers of interior and furniture solutions for commercial purposes, complementing the overall business strategy of the construction sector with a wide range of construction related businesses. BI is also the single largest shareholder of the Sierra Group.

The plantation investment of BI, Maturata plantations, a prominent manufacturer of premium branded tea and cinnamon is performing extremely well despite the current economic crisis, recording excellent operating results. 

The company owns the largest cinnamon plantation in the country and the recent investments made into this sector is now reaching the stage of harvesting and the timely acquisition of Tropical Island Commodities, a cinnamon exporting business with an established sales channel in the global cinnamon market will certainly enrich the plantation business.

On the agriculture side, BI also holds a substantial stake in Agstar PLC, the second largest fertiliser company in the country.  

The plantation business in Sierra Leone, Sunbird Bio Energy Ltd. (SBSL) acquired in 201819, is now realigned and geared to produce 50Mn litres of ENA in the coming season, with the company ramping up its plantation from 5,000 hectares to reach 12,000 hectares within the next two seasons. SBSL owns the largest Bio ENA plant in the West African Region. The company also secured a further 15-year contract with the Government to export 120GWh power to the main grid at an attractive price of $ 14 cents.

In Sri Lanka, BI also owns the majority stake in the first commercial solar power plant, Saga Solar Ltd., which has a 10 MW power plant in Buruthakanda, Hambantota.
~~ Daily FT 16.12.2020 ~~
Read It carefully !!
How the BIL would grow in near future .
Every dime would value like a diamond .

Will there be a change in NAV after this deal

https://www.sunbirdbioenergy.com/projects/sierra-leone-renewable-energy/