EAST WEST PROPERTIES PLC (EAST.N0000)

@Cricket Boy wrote:CLND to hit 30 before election

@Rational Investor wrote:

@Rational Investor wrote:After going through the stock from  Mar 2016  until Dec-2019 below points to be noticed.
1-Company is now a debt-free company.
2-Comparing with peers (KDL, COMD) this is trading at very attractive price levels.
3-Cash rich company Rs 1.8bn.(Cash per share is well over the CMP)
4-YTD EPS Rs 20.64/- while on the verge of reporting another Rs.1.60+ for Mar quarter.
5-NAV has increased in a big-time from Rs 4.06(Mar19) to Rs 15.66(Dec19) with the eve of crossing Rs16 mark with Mar2020 results.
6-Investor friendly share as they declared Rs 8.50/- as a dividend  in FY2019.
7- Top 4 largest shareholders are holding 75% of the issued capital.
8-Company is well poised to go with a resounding investment with big cash in hand as FD rates are at rock bottom levels.


Please see some fact-finding in below in Rs '000.

EAST-CMP has started adjusting to the real value of the company.

@SUSPENS wrote:Some heavy collection on EAST today . History can be repeated....

Lets see tomorrow...................

some big deal going on.

( Im not promoting EAST )

@Kaish86 wrote:Assets not revalued. Cash per share 12. High eps even without one off gain. High free cash flows.No loans.

So balance sheet is highly undervalued and also the market price. Unless the market price adjusted to instrinsic value quickly people including foreigners buying this share at damn cheap.
A very good share for a takeover bid at cheap price.

@sureshot wrote:Dont get trapped to East .....
 
Yesterdays purchases disclosed today....

Todays selling may be disclosed on Monday .....

You are watching the first part of the film and second part to follow after intrevel ......

@Ekanayake90 wrote:

@Quibit wrote:

@Ekanayake90 wrote:

@Invest2018 wrote:Difficult to understand why they are not taking revaluation gain in to books. In 2015 it was 500 mn. By now it whould have crossed 1 Bn. Real value of the assets not showing. May be they want to collect everything @ a  lesser price from other shareholders.

NAV should increase by 10-15 neh , they might be upto something. Delisting maybe?

Nahil is currently in Colombo.

We can expect something very soon then

Incase of a delisting scenario what would be the offering price ? (50% premium to the NAV?)

@ErangaDS wrote:Sold @13.5 , re entered @12.10 “good collection is going around 12.
Journey towards 15 started???

@Rational Investor wrote:

@ErangaDS wrote:Sold @13.5 , re entered @12.10 “good collection is going around 12.
Journey towards 15 started???

They are cooking Mar financials.