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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » ALHP ANY PREDICTIONS?

ALHP ANY PREDICTIONS?

Go down  Message [Page 1 of 1]

1ALHP ANY PREDICTIONS?  Empty ALHP ANY PREDICTIONS? Fri Sep 11, 2020 10:36 am

Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
RIGHT ISSUE @ 2/= TRADING @ 1/= NAV 3/27 FOREIGN HOLDING OVER 79% ONLY WORRY IS ASANKA SENEVIRATNE STILL HAS OVER 40 MILLION SHARES, IF THEY WANTED TO SUCCEED THE RIGHT ISSUE THEY HAVE TO PUSH THIS SHARE OVER 2/=.   THIS IS MY PERSONAL VIEW  NOT A RECOMMENDATION TO BUY, GL

judecroos likes this post

2ALHP ANY PREDICTIONS?  Empty Re: ALHP ANY PREDICTIONS? Wed Sep 23, 2020 10:31 pm

Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
AS I SAID THIS SHARE HAS TO GO UP FOR THE COMPANY TO SUCCEED THEIR RIGHT ISSUE AT 2/=. NOTHING TO WORRY NAV 3/27 AND ALSO FOREIGN HOLDING 79% VERY EASY TO PUSH.  THE GAME WILL START  AFTER THE  RIGHT ISSUE DATE ANNOUNCED. THIS IS NOT A BUY PROMOTION. GL

3ALHP ANY PREDICTIONS?  Empty Re: ALHP ANY PREDICTIONS? Thu Sep 24, 2020 1:11 am

Eranga87


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Eugine Fernando wrote:AS I SAID THIS SHARE HAS TO GO UP FOR THE COMPANY TO SUCCEED THEIR RIGHT ISSUE AT 2/=. NOTHING TO WORRY NAV 3/27 AND ALSO FOREIGN HOLDING 79% VERY EASY TO PUSH.  THE GAME WILL START  AFTER THE  RIGHT ISSUE DATE ANNOUNCED. THIS IS NOT A BUY PROMOTION. GL

ALHP's main shareholder is SOMAP international Pte (70%). SOMAP acquired ALHP 51% shares in August 2018 and sometimes they gave a mandatory offer Rs.1.30 to remaining shareholders. some of the investors accepted and SOMAP increased their holding percentage up to  65%. ALHP announced the right issue above the market price as Rs.2.00 in January 2019. SOMAP FULLY SUBSCRIBED and increased again holding percentage up to 70%. this time, again the right issue above market price, they fully subscribed and will increase holding % near to 80%.

this is the story of SOMAP increased holding %. when they acquired ALHP, they really want to acquire almost fully holding %. maybe... they will delist ALHP near future. I believe, now you can understand the SOMAP hidden agenda.

i don't know the ALHP N price movement in this market situation. but, definitely, SOMAP INTERNATIONAL PTE wants to keep almost 90% holding % or delist. I think better to hold ALHP.

ALHP's administration expenses really higher than total revenue in past years. therefore, they suffer from losses. last 4th qtr, financial showed profit due to reducing administration expenses. when they are able to manage administration expenses, definitely they can go to the profit side. In previous years, they pull out profits showing high administration expenses. they really enjoy profits, nothing to give stakeholders.

NILAWELI HOTEL   
PASIKUDHA HOTEL 
NUWARA ELIYA HOTEL

THE PROPOSED DEVELOPMENT OF THE PROPERTIES
Name of the Property                 Proposed Development                    Star Category

Nilaveli                                      Upgrade to 70 Rooms                               5 Star

Panichchankerni                        50 Rooms                                                  5 Star

Vakarai                                      100 Rooms plus 20 Villas                           5 Star

Dambulla                                  50 Rooms plus 20 Villas                             5 Star



<<<<>>>>

Eugine Fernando and judecroos like this post

4ALHP ANY PREDICTIONS?  Empty Re: ALHP ANY PREDICTIONS? Thu Sep 24, 2020 5:52 am

judecroos


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Eranga87 wrote:
@Eugine Fernando wrote:AS I SAID THIS SHARE HAS TO GO UP FOR THE COMPANY TO SUCCEED THEIR RIGHT ISSUE AT 2/=. NOTHING TO WORRY NAV 3/27 AND ALSO FOREIGN HOLDING 79% VERY EASY TO PUSH.  THE GAME WILL START  AFTER THE  RIGHT ISSUE DATE ANNOUNCED. THIS IS NOT A BUY PROMOTION. GL

ALHP's main shareholder is SOMAP international Pte (70%). SOMAP acquired ALHP 51% shares in August 2018 and sometimes they gave a mandatory offer Rs.1.30 to remaining shareholders. some of the investors accepted and SOMAP increased their holding percentage up to  65%. ALHP announced the right issue above the market price as Rs.2.00 in January 2019. SOMAP FULLY SUBSCRIBED and increased again holding percentage up to 70%. this time, again the right issue above market price, they fully subscribed and will increase holding % near to 80%.

this is the story of SOMAP increased holding %. when they acquired ALHP, they really want to acquire almost fully holding %. maybe... they will delist ALHP near future. I believe, now you can understand the SOMAP hidden agenda.

i don't know the ALHP N price movement in this market situation. but, definitely, SOMAP INTERNATIONAL PTE wants to keep almost 90% holding % or delist. I think better to hold ALHP.

ALHP's administration expenses really higher than total revenue in past years. therefore, they suffer from losses. last 4th qtr, financial showed profit due to reducing administration expenses. when they are able to manage administration expenses, definitely they can go to the profit side. In previous years, they pull out profits showing high administration expenses. they really enjoy profits, nothing to give stakeholders.

NILAWELI HOTEL   
PASIKUDHA HOTEL 
NUWARA ELIYA HOTEL

THE PROPOSED DEVELOPMENT OF THE PROPERTIES
Name of the Property                 Proposed Development                    Star Category

Nilaveli                                      Upgrade to 70 Rooms                               5 Star

Panichchankerni                        50 Rooms                                                  5 Star

Vakarai                                      100 Rooms plus 20 Villas                           5 Star

Dambulla                                  50 Rooms plus 20 Villas                             5 Star



<<<<>>>>
Eranga87 thank you for the information and I also heard about this. So this share should move in very near future even before the right issue date announcement. I did not sell this I would rather prefer to hold this. I keep collecting this as much as I can. this will give you more than 85% gain. If they want to make the right issue a success one this should go up to the level of the rights ?? Smile Smile  
THIS IS MY PERSONAL VIEW  NOT A RECOMMENDATION TO BUY, GL

Eugine Fernando and Eranga87 like this post

5ALHP ANY PREDICTIONS?  Empty Re: ALHP ANY PREDICTIONS? Thu Sep 24, 2020 10:56 am

Eranga87


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@judecroos wrote:
@Eranga87 wrote:
@Eugine Fernando wrote:AS I SAID THIS SHARE HAS TO GO UP FOR THE COMPANY TO SUCCEED THEIR RIGHT ISSUE AT 2/=. NOTHING TO WORRY NAV 3/27 AND ALSO FOREIGN HOLDING 79% VERY EASY TO PUSH.  THE GAME WILL START  AFTER THE  RIGHT ISSUE DATE ANNOUNCED. THIS IS NOT A BUY PROMOTION. GL

ALHP's main shareholder is SOMAP international Pte (70%). SOMAP acquired ALHP 51% shares in August 2018 and sometimes they gave a mandatory offer Rs.1.30 to remaining shareholders. some of the investors accepted and SOMAP increased their holding percentage up to  65%. ALHP announced the right issue above the market price as Rs.2.00 in January 2019. SOMAP FULLY SUBSCRIBED and increased again holding percentage up to 70%. this time, again the right issue above market price, they fully subscribed and will increase holding % near to 80%.

this is the story of SOMAP increased holding %. when they acquired ALHP, they really want to acquire almost fully holding %. maybe... they will delist ALHP near future. I believe, now you can understand the SOMAP hidden agenda.

i don't know the ALHP N price movement in this market situation. but, definitely, SOMAP INTERNATIONAL PTE wants to keep almost 90% holding % or delist. I think better to hold ALHP.

ALHP's administration expenses really higher than total revenue in past years. therefore, they suffer from losses. last 4th qtr, financial showed profit due to reducing administration expenses. when they are able to manage administration expenses, definitely they can go to the profit side. In previous years, they pull out profits showing high administration expenses. they really enjoy profits, nothing to give stakeholders.

NILAWELI HOTEL   
PASIKUDHA HOTEL 
NUWARA ELIYA HOTEL

THE PROPOSED DEVELOPMENT OF THE PROPERTIES
Name of the Property                 Proposed Development                    Star Category

Nilaveli                                      Upgrade to 70 Rooms                               5 Star

Panichchankerni                        50 Rooms                                                  5 Star

Vakarai                                      100 Rooms plus 20 Villas                           5 Star

Dambulla                                  50 Rooms plus 20 Villas                             5 Star



<<<<>>>>
Eranga87 thank you for the information and I also heard about this. So this share should move in very near future even before the right issue date announcement. I did not sell this I would rather prefer to hold this. I keep collecting this as much as I can. this will give you more than 85% gain. If they want to make the right issue a success one this should go up to the level of the rights ?? Smile Smile  
THIS IS MY PERSONAL VIEW  NOT A RECOMMENDATION TO BUY, GL

yes. here some of the tastes. it could go up. keep in your mind .. most of the probable price should move to Rs.2 level with this market positive sentiments. better hold.

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