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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » CFLB hidden gem

CFLB hidden gem

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spksd
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කොටස් වෙළඳපොළ2020
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31 posters

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1CFLB hidden gem Empty CFLB hidden gem Fri Oct 02, 2020 9:48 am

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics
This share my short term target during this month is Rs 25.00.
It is a hidden gem in the current market and I will present my detailed analysis on this very soon since I am somewhat busy to give it now. But those who have faith in my words I am like to initiate a topic for this counter.

Current price                     my short term target
RS 12.80-13.10 ----------   Rs.25 (during Oct month)

awit more details when time permits me.

Chithi and Kipling like this post

2CFLB hidden gem Empty Re: CFLB hidden gem Fri Oct 02, 2020 11:47 am

kanishkaecomm

kanishkaecomm
Manager - Equity Analytics
Manager - Equity Analytics
We just need to know about your analysis on this stock under the topic "CFLB hidden gem"!

3CFLB hidden gem Empty Re: CFLB hidden gem Fri Oct 02, 2020 12:20 pm

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics
As I said just one-day stock price jumped to 14.50 let's see I do not think it will take much time to reach my target.

judecroos likes this post

4CFLB hidden gem Empty Re: CFLB hidden gem Fri Oct 02, 2020 12:28 pm

kanishkaecomm

kanishkaecomm
Manager - Equity Analytics
Manager - Equity Analytics
CFLB hidden gem Screen13

5CFLB hidden gem Empty Re: CFLB hidden gem Fri Oct 02, 2020 12:52 pm

kanishkaecomm

kanishkaecomm
Manager - Equity Analytics
Manager - Equity Analytics
[ Don't Sell, (Buy) ] is this your advice?

judecroos likes this post

6CFLB hidden gem Empty Re: CFLB hidden gem Fri Oct 02, 2020 5:19 pm

Kipling


Expert
Expert
865,000 traded today. Note massive collection in the recent past. Trend clear.

judecroos and SANJAYANM like this post

7CFLB hidden gem Empty Re: CFLB hidden gem Fri Oct 02, 2020 5:52 pm

judecroos


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Kipling wrote:865,000 traded today. Note massive collection in the recent past. Trend clear.
Yes I agree with you. The collection @ this price range is  almost over. so if someone is interested he has to buy @ a higher price than this. So I say all our members please do not sell hold this will reach 16 level in before mid October.GL Smile Smile Smile

harshalk333@gmail.com likes this post

8CFLB hidden gem Empty Re: CFLB hidden gem Sat Oct 03, 2020 9:51 am

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics
https://www.srilankachronicle.com/t58437-why-i-am-saying-cflb-is-a-hidden-gem#370182

Eranda sahan likes this post

9CFLB hidden gem Empty Re: CFLB hidden gem Sat Oct 03, 2020 10:38 am

sureshot

sureshot
Vice President - Equity Analytics
Vice President - Equity Analytics
CFLB hidden gem Cflb10
@kanishkaecomm wrote:[ Don't Sell, (Buy) ] is this your advice?

director selling what he bought on his right issue @ 10/= with 50% profit  .
keep buying.

check directors dealing in CFLB  and LDEV  . very funny  . Very Happy

10CFLB hidden gem Empty Re: CFLB hidden gem Sat Oct 03, 2020 10:51 am

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics
Why i am saying CFLB is a hidden gem
·         40 billion turnover company
·         They have about 40 subsidiaries belong to CFLB
·         Its land bank in heart of Colombo
·         investment in Quoted  and  non Quoted Companies
 
2019
" High interest rates, high taxes, subdued demand as a result of low consumer spending and weak commodity prices have all had an impact on the performance of the Group." Chairman saying in 2019 Annual report .
2020
But in this year.(2020) Interest rate reduced to all time low.
·         interest expenses  will reduce sharply resulting higher profit in this year
·         Vat reduced and consumer spending recovering higher income from all sectors.
 
In 2019
" The steep decline in tea prices, witnessed at the Colombo Auction as well as continued weakness in the global
market for Natural Rubber has seen both the Group’s Plantation companies run at a significant loss."
In 2020
Good Tea and Rubber prices both have a greater impact to their plantation losses to reduce and come to come profitability
 
 
They have about 40 subsidiaries belong to CFLB (page 83 of annual report 2019) Some had greater run recently reflecting their share price to increase due to either reducing their losses or recording healthy profits
I am only  giving few of them here.
Subsidiary Effective holding by CFLB2019 march price 2020 oct. 2 pricePRICE CHANGE %
CWM38%3645.0025%
KOTA61%58.1062%
LDEV47.3%2.25.60154%
LITE31%917.1090%
COLO65%5080.0060%
YORK50%60110.0083%
MARA 1.202.3091%
Average growth %80%
 
 2019 march price 2020 oct. 2 pricePRICE CHANGE %
CFLBRs 9.50Rs 13.9046
 
Comparing above figure we can clearly see that the price increase of its subsidiaries are not reflected in CFLB share price. some of its subsidiaries have increased there prices over 80% ( LDEV 154%, LITE 90%). Therefore we can see that CFLB share price has a clear upward revision to come to its fair value. Not only that subsidiaries like COLO is still greatly undervalued compare to its peers like CINV and GUAR.
 
Sunquick Lanka (Private) Limited
C.W. Makie PLC has a 49% interest in Sunquick Lanka (Private) Limited, a joint  venture formed for the purpose of manufacturing, processingand marketing Co-Ro’s products in the form of concentrates and ready to drink (RTD) products marketed under ’Sunquick’ brand.
 
NAV of CFLB 22.73 (on june 2020). Is a 40 billion turnover company and just trading its shares for 13.90 Rs.  compare to 2-3 billion some companies trading their shares in similar range. In addition to all these it has  a great company to cope with current agriculture related businesses. It is LANKEM CEYLON PLC. it has considerable share in agric product segment like agro chemicals and plantations.
Other two strength of this company include its land bank in the heart of Colombo and suburbs and the investment portfolio of quoted and non quoted companies.  page 77- page 99 of Annual report 2019)
some of its well-known brands
KOTAGALA
LANKEM
LAXAPANA
SUNQUICK
AGARAPATHANA
C.W. MACKIE
YORK ARCADE
E.B. CREASY & COMPANY PLC

KavinduTM and Kipling like this post

11CFLB hidden gem Empty Re: CFLB hidden gem Sat Oct 03, 2020 10:59 am

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics
@sureshot wrote:CFLB hidden gem Cflb10
@kanishkaecomm wrote:[ Don't Sell, (Buy) ] is this your advice?

director selling what he bought on his right issue @ 10/= with 50% profit  .
keep buying.

check directors dealing in CFLB  and LDEV  . very funny  . Very Happy
Don't be get caught to just what directors are selling or buying. Look at the fundamentals and tecnicals of a company and invest. CFLB last selling of diractors was just a peanut. Nothing to do with that my friend. When I first saying DIPD should pass 210 some fellows came and argued that can not happen. Now they are purchasing it above 220. You can see in coming days how it will pass 300.00 RS as well.

Kipling likes this post

12CFLB hidden gem Empty Re: CFLB hidden gem Sat Oct 03, 2020 3:10 pm

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics
Investment in quoted companies by CFLB just few I cannot give all here
Banks, Finance & Insurance
 
Quoted Investments
Banks and finance
(just a sample for all refer 2019 Annual report)
 
Commercial Bank of Ceylon PLC-Voting 989,327
Commercial Bank of Ceylon PLC-Non-Voting 111,867
Hatton National Bank PLC-Voting 301,729
HNB Assurance PLC 100,000
HDFC 105,802
LOLC Holdings PLC 394,000
Lanka Ventures PLC 339,700
Pan Asia Banking Corporation PLC 467,100
Sampath Bank PLC 116,626
Seylan Bank PLC-Non-Voting 288,321
Union Bank of Colombo PLC 384,100
 
Beverages, Food & Tobacco
(just a sample for all refer 2019 Annual report)
 
Cargills (Ceylon) PLC 146,057
Ceylon Cold Stores PLC 9,320
Renuka Agri Foods PLC 91,560
Renuka Foods PLC - Voting 223,770
Three Acre Farms PLC 25,000
Nestle Lanka PLC 4,700
 
Diversified Holdings
(just a sample for all refer 2019 Annual report)
 
Browns Investments PLC 706,000
Dunamis Capital PLC 60,875
Hayleys PLC 100,016
Hemas Holdings PLC 21,653
John Keells Holdings PLC 69,137
Vallibel One PLC 104,000
(just a sample for all refer 2019 Annual report)


much more in their portfolio. So do not get late to get into CFLB TRAin Laughing

Kipling and judecroos like this post

13CFLB hidden gem Empty Re: CFLB hidden gem Thu Oct 08, 2020 7:32 pm

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics
After corona brake, CFLB train start to move again Very Happy

Kipling and judecroos like this post

14CFLB hidden gem Empty Re: CFLB hidden gem Fri Oct 09, 2020 12:19 am

subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@cseguide wrote:After corona brake, CFLB train start to move again Very Happy
Yes , next train  Basketball

judecroos likes this post

15CFLB hidden gem Empty Re: CFLB hidden gem Fri Oct 09, 2020 6:15 am

judecroos


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@subash81 wrote:
@cseguide wrote:After corona brake, CFLB train start to move again Very Happy
Yes , next train  Basketball
Basketball Basketball Basketball Basketball  yes yes this will move exactly like EXPO. This has more value to appreciate. So now is the time to get in to the train. Do not do panic selling if you can collect @ low prices and hold for one week. Smile Smile

16CFLB hidden gem Empty Re: CFLB hidden gem Fri Oct 09, 2020 6:43 am

Kipling


Expert
Expert
JC
Please check TEC post by WS or BB recently. 
Nav reworked now minimum 50++ 
So very ST view will give you only tiny % of true value. 
RWSL as per June QR has 160Mn TO &market cap 1.8 Bn. 
CFLB June Q nearly 9Bn TO & MC just 3Bn. 
Price rerating run to better  EXPO.

judecroos and SANJAYANM like this post

17CFLB hidden gem Empty Re: CFLB hidden gem Fri Oct 09, 2020 7:05 am

judecroos


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Kipling wrote:JC
Please check TEC post by WS or BB recently. 
Nav reworked now minimum 50++ 
So very ST view will give you only tiny % of true value. 
RWSL as per June QR has 160Mn TO &market cap 1.8 Bn. 
CFLB June Q nearly 9Bn TO & MC just 3Bn. 
Price rerating run to better  EXPO.
Kipling can you please explain your last phrase ?

18CFLB hidden gem Empty Re: CFLB hidden gem Fri Oct 09, 2020 7:20 am

Kipling


Expert
Expert
I think appreciation will surpass % gain of expo.

judecroos likes this post

19CFLB hidden gem Empty Re: CFLB hidden gem Fri Oct 09, 2020 8:50 am

geesura

geesura
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
CFLB hidden gem 4htceh10
@Kipling wrote:I think appreciation will surpass % gain of expo.

20CFLB hidden gem Empty Re: CFLB hidden gem Fri Oct 09, 2020 8:59 am

Kipling


Expert
Expert
Geesura. 
Do not doubt. Just read the analysis especially @ TEC.

geesura likes this post

21CFLB hidden gem Empty Re: CFLB hidden gem Fri Oct 09, 2020 9:53 am

subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
This is a gem, share price can double within next few months Very Happy

SANJAYANM likes this post

22CFLB hidden gem Empty Re: CFLB hidden gem Fri Oct 09, 2020 10:04 am

Hope123


Manager - Equity Analytics
Manager - Equity Analytics
Most are herein this forum talk positives about CFLB and RIL and expect to move like EXPO. So we all are in to one direction and assume to see fire works if the ASI stays green. Hope for the best.

vikey and judecroos like this post

23CFLB hidden gem Empty Re: CFLB hidden gem Sat Oct 10, 2020 7:18 am

Kipling


Expert
Expert
Note the massive & controlled collection last week.

judecroos likes this post

24CFLB hidden gem Empty Re: CFLB hidden gem Sat Oct 10, 2020 8:58 am

subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Train stopped for collection

judecroos and කොටස් වෙළඳපොළ2020 like this post

nish8


Stock Trader
My Expectation is CFLB will be passed over Rs.15 with in this week,Because huge collection was there during the 2nd Covid-19 wave.Better not to sell & hold the stock. Basketball Basketball bounce bounce

Kipling and judecroos like this post

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