SEYLAN DEVELOPMENTS PLC (CSD.N0000)

Eranga87 · 26 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Sun Nov 01, 2020 11:02 pm

Teller · 27 CSD Massively under value 33 Rupee NAVPS Wed Nov 04, 2020 12:58 pm

Teller

Moderator

Posts : 5640
Join date : 2013-06-25

Today some positive sign of property stocks.

So many members asked about CSD, i found below (do your own Analysis )

CSD net asset value per share - 33 Rupees
Annualized EPS - 1.50 LKR
Dividend per share above 1+ LKR
Trading price 1/3 of NAVPS

CSD last 5 years continously paid dividends. Csd and onal can be hidden gems. Onal also very less selling below 30

https://cdn.cse.lk/cmt/upload_report_file/617_1603943992688.09.2020.pdf

Antonym · 28 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Wed Nov 04, 2020 1:08 pm

Antonym

Vice President - Equity Analytics

Posts : 1090
Join date : 2011-02-09

Teller wrote:Today some positive sign of property stocks.

So many members asked about CSD, i found below (do your own Analysis )

CSD net asset value per share - 33 Rupees
Annualized EPS - 1.50 LKR
Dividend per share above 1+ LKR
Trading price 1/3 of NAVPS

CSD last 5 years continously paid dividends. Csd and onal can be hidden gems. Onal also very less selling below 30

https://cdn.cse.lk/cmt/upload_report_file/617_1603943992688.09.2020.pdf

CSD has been paying good dividend, increasing every year. Based on past trends and latest results, I expect that the company will declare a minimum dividend of Rs 1.20 in Feb '21. That's a dividend yield of 8.8% based on current market price of Rs 13.70 per share.

Disclosure: I hold a significant quantity of CSD shares.

celtic tiger · 29 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Wed Nov 04, 2020 1:38 pm

celtic tiger

Senior Manager - Equity Analytics

Posts : 520
Join date : 2013-03-23

Most of the counters in the property sector shows similar figures. why only CSD should outperform other counters in the sector price wise???

Antonym · 30 Dividend Yield Wed Nov 04, 2020 1:50 pm

Antonym

Vice President - Equity Analytics

Posts : 1090
Join date : 2011-02-09

celtic tiger wrote:Most of the counters in the property sector shows similar figures. why only CSD should outperform other counters in the sector price wise???

@celtic tiger: Show me one other property sector counter that yields 8.8% p.a.

In these volatile times, I am sticking to high dividend yield shares, and have been biased towards CSD & LLUB. Both have given me decent capital appreciation, but it's the yield that I bought them for.

celtic tiger · 31 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Wed Nov 04, 2020 2:46 pm

celtic tiger

Senior Manager - Equity Analytics

Posts : 520
Equity Stars : 5891
Reputation : 21
Join date : 2013-03-23

Antonym wrote:

celtic tiger wrote:Most of the counters in the property sector shows similar figures. why only CSD should outperform other counters in the sector price wise???

@celtic tiger: Show me one other property sector counter that yields 8.8% p.a.

In these volatile times, I am sticking to high dividend yield shares, and have been biased towards CSD & LLUB. Both have given me decent capital appreciation, but it's the yield that I bought them for.

Antonym
I was on about figures. EPS,NSP...YIELD no argument most of the property counters pay good divid..compare OVER with CSD,only different is OVER did not declared divi..this time.

Teller · 32 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Thu Nov 05, 2020 2:40 am

Teller

Moderator

Posts : 5640
Equity Stars : 17283
Reputation : 232
Join date : 2013-06-25
Location : Abhudhabi

People who buys property companies should see the potential of CSD.

CSD Net asset value per share 33/= , trades @13.50,
CSD continue pays dividend last 5 yearplus ,yoy increased
CSD profit making company , in any valuation CSD can be valued 16 plus.
CSD has good cash flow
CSD has continuously increased the profit , annualized EPS 1.60 plus.
Most of the property companies they show the profit by revaluing their assets But CSD profit comes from orginal sales like rental etc..

samaritan · 33 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Thu Nov 05, 2020 9:34 am

samaritan

Moderator

Posts : 4126
Equity Stars : 9298
Reputation : 188
Join date : 2015-05-16

Teller wrote:People who buys property companies should see the potential of CSD.

CSD Net asset value per share 33/= , trades @13.50,
CSD continue pays dividend last 5 yearplus ,yoy increased
CSD profit making company , in any valuation CSD can be valued 16 plus.
CSD has good cash flow
CSD has continuously increased the profit , annualized EPS 1.60 plus.
Most of the property companies they show the profit by revaluing their assets But CSD profit comes from orginal sales like rental etc..

Concerns are there are several stocks trading far below NAV., Sector PE is around 7.5 justifying the present trading price.

Teller · 34 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Thu Nov 05, 2020 12:15 pm

Teller

Moderator

Posts : 5640
Equity Stars : 17283
Reputation : 232
Join date : 2013-06-25
Location : Abhudhabi

This can be adjusted to average payback to 8+- which is a higer dividend yeild stocks , not like some of other property companies , paying regular dividend but not cheating share holders. This share is more suitable for an investor who wishes to maintain a dividend portfolio. In a world class valuation CSD can be valued 17.42 LKR ,in asian valuation 16plus LKR. Sready share with less risk.

dhanushkacse · 35 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Thu Nov 05, 2020 12:21 pm

dhanushkacse

Equity Analytic

Posts : 43
Equity Stars : 1503
Reputation : 0
Join date : 2020-10-08

Good share with growing profit

Teller · 36 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Sat Nov 07, 2020 12:11 pm

Teller

Moderator

Posts : 5640
Equity Stars : 17283
Reputation : 232
Join date : 2013-06-25
Location : Abhudhabi

CSD is still attractive . Well established support @14 created , next 16.70 possible to touch and stay around is possible for a while.

INDY 500 · 37 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Sun Nov 08, 2020 1:09 pm

INDY 500

Senior Equity Analytic

Posts : 76
Equity Stars : 3039
Reputation : 0
Join date : 2016-08-27

Too risky to buy at 14 level
Should settle around 13 level before making the next run to 16 level.

Sachira90 · 38 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Sun Nov 08, 2020 1:15 pm

Sachira90

Equity Analytic

Posts : 37
Equity Stars : 1467
Reputation : 0
Join date : 2020-11-07

I touched this share when it was around 10.50. Still I'm keeping that because it's dividend payout very good.

spindain · 39 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Sun Nov 08, 2020 2:17 pm

spindain

Equity Analytic

Posts : 38
Equity Stars : 5025
Reputation : 4
Join date : 2011-02-27

Agree it is too risky to buy now as this one at a major R level now. Better to buy back around 12 - 13 levels.

SL-INVESTOR · 40 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Sun Nov 08, 2020 3:36 pm

SL-INVESTOR

Manager - Equity Analytics

Posts : 157
Equity Stars : 1624
Reputation : 0
Join date : 2020-10-17
Location : Canada

@spindain,
As you wish price may come back due to price suddenly goes up without reasonable reasons. Think twice, before touch @ this level. CSD is very good one, this level too high. I feel like i will sell my whole CSD shares @ this level and buy back when it settle at bottom level. It will happen when this CSD heat goes out.

Teller · 41 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Sun Nov 08, 2020 10:05 pm

Teller

Moderator

Posts : 5640
Equity Stars : 17283
Reputation : 232
Join date : 2013-06-25
Location : Abhudhabi

This share is a better than a fixed deposit . It has paid continously dividend still attractive till 16/-, its not like other property companies its trading 130% discount on its Navps. Reputed auditors have certified its financials still revaluation also possible . You can not think traditional way of investing in currency depreciated scenario in a property market. Last 3 years time rupee depreciated 30%, the same way property should appreciated also . Building generates depreciation even though location and property prices still in attractive.
Only investors can see its potential . GL

fireshelter · 42 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Mon Nov 09, 2020 12:03 am

fireshelter

Associate Director - Equity Analytics

Posts : 3033
Equity Stars : 9345
Reputation : 37
Join date : 2014-06-12

Teller What will happen to WATA & ELPL Battle again WATA Pass ELPL

Teller · 43 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Mon Nov 09, 2020 2:15 am

Teller

Moderator

Posts : 5640
Equity Stars : 17283
Reputation : 232
Join date : 2013-06-25
Location : Abhudhabi

We had 30 years bloody war. Finally who won?

dilshangac · 44 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Mon Nov 09, 2020 6:38 am

dilshangac

Manager - Equity Analytics

Posts : 148
Equity Stars : 4564
Reputation : 4
Join date : 2012-09-26

This is good to collect 11-13 level. 14 is pretty costly price cz there are many options in the market.

Captain · 45 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Sat Feb 13, 2021 12:14 pm

Captain

Assistant Vice President - Equity Analytics

Posts : 718
Equity Stars : 4822
Reputation : 17
Join date : 2013-09-15
Age : 37
Location : Colombo

Dear All,

With continues Dividend growth from year 2011, average of 40% Dividend growth and last two years almost 10-15 % dividend growth rate maintained, I think CSD will declare around 1.2 to 1.5 DPS this time.

And one of a under value share in the market with safe PE around 10 & NAPS Rs 33/-

And good guaranteed Dividend % around 7% based on last year dividend declared (Rs 1.10)with current market price (Rs 16/)with Apartment Renting Business despite FD Interest rate around 4%-5%.

I think with dividend announcements at this week can expect price hike or Rs. 18/- easily.

Thushara Ayya · 46 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Wed Apr 28, 2021 4:31 pm

Thushara Ayya

Moderator

Posts : 1191
Equity Stars : 7346
Reputation : 26
Join date : 2011-09-02
Location : Maharagama

CSD Reports issued... Good performance than last year.... Smile

Thushara Ayya · 47 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Thu Jul 29, 2021 1:50 pm

Thushara Ayya

Moderator

Posts : 1191
Equity Stars : 7346
Reputation : 26
Join date : 2011-09-02
Location : Maharagama

Something will do imminent....

Thushara Ayya · 48 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Tue Nov 15, 2022 10:16 am

Thushara Ayya

Moderator

Posts : 1191
Equity Stars : 7346
Reputation : 26
Join date : 2011-09-02
Location : Maharagama

CSD.N0000 Now Rs. 11.00

52 Week low price...
Past years November low price and January up...
Good dividends history...
Not a buy recommendation... (I tell this @ Rs.11.00)

Sponsored content

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Latest topics

SEYLAN DEVELOPMENTS PLC (CSD.N0000)

26 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Sun Nov 01, 2020 11:02 pm

Eranga87

@cheetah,

27 CSD Massively under value 33 Rupee NAVPS Wed Nov 04, 2020 12:58 pm

Teller

28 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Wed Nov 04, 2020 1:08 pm

Antonym

29 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Wed Nov 04, 2020 1:38 pm

celtic tiger

30 Dividend Yield Wed Nov 04, 2020 1:50 pm

Antonym

31 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Wed Nov 04, 2020 2:46 pm

celtic tiger

32 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Thu Nov 05, 2020 2:40 am

Teller

33 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Thu Nov 05, 2020 9:34 am

samaritan

34 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Thu Nov 05, 2020 12:15 pm

Teller

35 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Thu Nov 05, 2020 12:21 pm

dhanushkacse

36 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Sat Nov 07, 2020 12:11 pm

Teller

37 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Sun Nov 08, 2020 1:09 pm

INDY 500

38 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Sun Nov 08, 2020 1:15 pm

Sachira90

39 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Sun Nov 08, 2020 2:17 pm

spindain

40 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Sun Nov 08, 2020 3:36 pm

SL-INVESTOR

41 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Sun Nov 08, 2020 10:05 pm

Teller

42 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Mon Nov 09, 2020 12:03 am

fireshelter

43 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Mon Nov 09, 2020 2:15 am

Teller

44 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Mon Nov 09, 2020 6:38 am

dilshangac

45 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Sat Feb 13, 2021 12:14 pm

Captain

46 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Wed Apr 28, 2021 4:31 pm

Thushara Ayya

47 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Thu Jul 29, 2021 1:50 pm

Thushara Ayya

48 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000) Tue Nov 15, 2022 10:16 am

Thushara Ayya

49 Re: SEYLAN DEVELOPMENTS PLC (CSD.N0000)

Sponsored content

New topics