TILE AND CERAMIC SECTOR

VONE will be the future of every wise investors. if u anybody wants to cover up past losses the best option is to invest in VONE and forget it for the next 5 years. U will see the wonders at that time. This has happend to share holders of LFIN, CONN,HAYL, VFIN,VPEL etc....etc... Capital gains plus hefty dividends. Good investment for your kids, family future 5 years, 10 years ..............

@stocks hunter wrote:VONE will be the future of every wise investors. if u anybody wants to cover up past losses the best option is to invest in VONE and forget it for the next 5 years. U will see the wonders at that time. This has happend to share holders of LFIN, CONN,HAYL, VFIN,VPEL etc....etc... Capital gains plus hefty dividends. Good investment for your kids, family future 5 years, 10 years ..............

Agreed.. In my opinion it is the next big holding company like JKH, Carsons etc.

@Arena wrote:Yep Dammika is the only person to pay this much premium to a company which holds couple of dying companies.

Other players cant run a Tile company against the strong Royal Ceramic.

In near future DP will be the only party to buy out a company by paying premiums to compensate the synergy.

It's not a premium price for CERA. It's a group of company. Actual asset value is more than 120/-. For RCL it's a good synergy, as now they have the control of the entire tile market. No price wars in the future.

Now RCL also big holding company

High net worth investor Nimal Perera is entering into the stock broking industry together with Royal Ceramics Plc (RCL), via a deal to buy 51% control of New World Securities Ltd.
Nimal will be acquiring a 32% stake under his personal account whilst RCL will take up a 19% stake, in a move which is described as a “strategic alliance” as part of a shareholding restructuring at New World Securities (NWS).

Royal Porcelain (Pvt) Ltd
Rocell Bathware Ltd
Royal Ceramics Distributors (Pvt) Ltd
Ever Paint and Chemical Industries (Pvt) Ltd
Lanka Walltiles,
Lanka Tiles,
Swisstek
Lanka Ceramics

ASSOCIATED COMPANIES

Delmege Limited.
LB Finance PLC.
New World Securities Ltd.
Horana Plantation

Does SL has any anti-monopoly laws?

@Harry82 wrote:Now RCL also big holding company

diversified holding company.

Walltiles market will be increased. (LWL.N0000).
Chairman Anthony Page, Deputy chairman will not be changed. Managing Director will not be
changed. Only several Directors will be changed.

Dr. Senthilveil has sold all his 452,200 shares. Mr. Casie Chitty has bought 170,000 shares. Anthony page bought 1,000,000 shares, where as Dhammika Perera.

There will be some more major buyings within next few days.
So...... hope you understand what will happen to the share price.

@madhawa.h wrote:Walltiles market will be increased. (LWL.N0000).
Chairman Anthony Page, Deputy chairman will not be changed. Managing Director will not be
changed. Only several Directors will be changed.

Dr. Senthilveil has sold all his 452,200 shares. Mr. Casie Chitty has bought 170,000 shares. Anthony page bought 1,000,000 shares, where as Dhammika Perera.

There will be some more major buyings within next few days.
So...... hope you understand what will happen to the share price.

Hey Mr. Ha____, was this announced?

@smallville wrote:

@madhawa.h wrote:Walltiles market will be increased. (LWL.N0000).
Chairman Anthony Page, Deputy chairman will not be changed. Managing Director will not be
changed. Only several Directors will be changed.

Dr. Senthilveil has sold all his 452,200 shares. Mr. Casie Chitty has bought 170,000 shares. Anthony page bought 1,000,000 shares, where as Dhammika Perera.

There will be some more major buyings within next few days.
So...... hope you understand what will happen to the share price.

Hey Mr. Ha____, was this announced?

Insider info mate.

Some are announced info and some are not.
"not" things are directly came out from the MD's mouth.

And in the end, RCL will be only having 45% of CERA and A. Page will end with 30% of stakes in CERA with his own personal money.

@smallville wrote:

@madhawa.h wrote:Walltiles market will be increased. (LWL.N0000).
Chairman Anthony Page, Deputy chairman will not be changed. Managing Director will not be
changed. Only several Directors will be changed.

Dr. Senthilveil has sold all his 452,200 shares. Mr. Casie Chitty has bought 170,000 shares. Anthony page bought 1,000,000 shares, where as Dhammika Perera.

There will be some more major buyings within next few days.
So...... hope you understand what will happen to the share price.

Hey Mr. Ha____, was this announced?

Seams like u know me. Do u?

Few days back saw a bull in the china town rushed LWL to 130. From next day again calm.
Very high yields . NAV going up. P/E very low. but not moving . Looks the potential energy is building.

Tile sector will boom along with the construction. Keep eye n rcl . tile .lwl

RCL Net asset Val 208.00

PARQ also

Lanka Tiles PLC with the technical assistance of "YULoNG" will convert its present idle capacity of 2000 sq. mt' Per day to manufacture porcelain mosaic tiles for export markets with an investment of approximately Rs. 200 Mn.

https://cdn.cse.lk/cmt/announcement_portal_prod/Lanka%20Tiles_194258689915681.pdf

Any ideas on this sector?

I think Tile and Ceramic sector will run in near future. 

Watch VONE. Share prices of all its major subsidiary companies have gone up exponentially.. RCL, LWL, TILE, LFIN, were among the biggest gainers since the election. The holding company VONE was kept down.. now its starting to move up

@Promoney wrote:Watch VONE. Share prices of all its major subsidiary companies have gone up exponentially.. RCL, LWL, TILE, LFIN, were among the biggest gainers since the election. The holding company VONE was kept down.. now its starting to move up

Yeah VONE is having majority shares of RCL neh?   

Ye there is a chance for a run. did u buy VONE?

I collected yesterday when it was pushed down, and more today. If you check the earnings and net asset value, VONE is the best valued diversified holdings company at the current price level.

Yes i agree. VONE is interesting.
i missed it yesterday.but why isn't it paying dividends 

Sri Lanka market is growth based. It neither efficient nor liquid enough to benefit from dividend payouts. You would have noticed the price doesn't adjust properly cum dividend and ex dividend. For some companies when a dividend is declared the price doesn't go up equally it might be less.. and when its ex dividend, the price may fall way below the ex price.. for some companies the opposit happens.. So the dividend doesnt play a role, coz the market price goes way above or below.. adjusted radically based on market forces.. Some good dividend companies have not given the long term investor the return coz the share price has fallen way below the cumulative dividends that have been declared all throughout..

Yeah that's kinda true.
What's ur target for VONE? technical charts don't show anything wrong but what about fundamentals?

@Promoney : Whats ur idea about CFVF?

@Promoney wrote:Sri Lanka market is growth based. It neither efficient nor liquid enough to benefit from dividend payouts. You would have noticed the price doesn't adjust properly cum dividend and ex dividend. For some companies when a dividend is declared the price doesn't go up equally it might be less.. and when its ex dividend, the price may fall way below the ex price.. for some companies the opposit happens.. So the dividend doesnt play a role, coz the market price goes way above or below.. adjusted radically based on market forces.. Some good dividend companies have not given the long term investor the return coz the share price has fallen way below the cumulative dividends that have been declared all throughout..

Can this be due to information about dividends is known to a few before it becomes public and the price has already adjusted before the announcement. And when we buy after the announcement hoping that the price will go up, the insiders sell to us and get the profit????

If you re holding the share long term for dividends, it wouldn't matter when the price goes up and adjusts. Giving a dividend means and equal amout is reduced from the net assets, which is a reduction in the capital, so it evetually amounts to the same thing. So its not like interest you get on deposits. Interest is not paid out of the deposit value.

My personal recommendation for CFVF is, collect and hold.