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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000)

THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000)

Go down  Message [Page 1 of 1]

KILLER99


Manager - Equity Analytics
Manager - Equity Analytics
Dear Investors,

The alarm has rang with recent purchase of CFLB shares by Mr. A. Rajaratnam. This will indicate coming positive result of CFLB which has profited several sectors such as
*Bitumen
*Pharma
*EBCR
*Planation and many others. 

CFLB would be the next express train and still better than other company. Do your own research and read the recent dealing by Directors..

More to come  Very Happy Very Happy

Stay tuned on weekends 

Cheers...  Razz

Kipling likes this post

vijay singh


Senior Equity Analytic
Senior Equity Analytic
KILLER, sorry to say,
pls,check financial before jump it. so many financial issues here.

KILLER99 likes this post

KILLER99


Manager - Equity Analytics
Manager - Equity Analytics
@vijay singh wrote:KILLER, sorry to say,
pls,check financial before jump it. so many financial issues here.
I have read. This time it will be different.  Very Happy Very Happy Very Happy 

Don't Forget A. Rajaratnam is a money lover and he love to play short term..  Very Happy Very Happy Very Happy

Kipling likes this post

Kipling


Expert
Expert
K99
Await your CFLB update in the context of huge turnaround seen in SepQ & expected to strengthen in DecQ under new Group Chairman designate SDR Arudpragadam (Led Turnaround @ Ebcr Mull Lite + Sale of Kia +Plantation exit negotiation +non family ceo for Lcey + 1:100 split for Ebcr etc).

KILLER99


Manager - Equity Analytics
Manager - Equity Analytics

"The Colombo Fort Land & Building Company PLC (CFLB) engages in real estate and property development business in Sri Lanka. The company also engages in the production of chemicals, paints, hardware, and building materials, pharmaceuticals products, motor vehicles and accessories, and vehicle maintenance services. In addition, the company involves in the operation of inbound tours and tourist hotels as well as food production such as tea, rubber, and desiccated coconut. Furthermore, CFLB engages in the construction business. The activities include road construction, water proofing and industrial flooring."

According to their portfolio, The Plantation sector would be most profitable business at this time. Due to high demand for TEA and RUBER, Government Exporting policies changed recent years and plantation boom is started. This is proven with DP's plantation sector's financial performance. This will sure CFLB plantation will positive support to CFLB's financial statements.

The real state boom all around the Colombo & other areas will result to CFLB's Asset value will appreciate further and consequences would be end up with strong balance sheet.

The long-term strategy of Group director finance is guide CFLB's more profit seeking organization like EBCR, DB, CW Mackie, Colonial motors etc. These will prove no longer CFLB loss making company and it will strategically reach profit line soon.

If pandemic is over, Their hotel sector will slowly start performing and will add value to CFLB. 

Government construction again will touch peak in SL. This will result to again sell their product like Bitumen, Hardware  items , Due to current high demand. This will ensure growth of CFLB.

more to come...

One thing sure. This will reach LKR 20.00 per share soon with plantation sector boom.

Cheers  Very Happy




THIS IS NOT TO PROMOTE BUY/SELL OR HOLD RECOMENDATION. 

jason12


Senior Equity Analytic
Senior Equity Analytic
@KILLER99 wrote:

"The Colombo Fort Land & Building Company PLC (CFLB) engages in real estate and property development business in Sri Lanka. The company also engages in the production of chemicals, paints, hardware, and building materials, pharmaceuticals products, motor vehicles and accessories, and vehicle maintenance services. In addition, the company involves in the operation of inbound tours and tourist hotels as well as food production such as tea, rubber, and desiccated coconut. Furthermore, CFLB engages in the construction business. The activities include road construction, water proofing and industrial flooring."

According to their portfolio, The Plantation sector would be most profitable business at this time. Due to high demand for TEA and RUBER, Government Exporting policies changed recent years and plantation boom is started. This is proven with DP's plantation sector's financial performance. This will sure CFLB plantation will positive support to CFLB's financial statements.

The real state boom all around the Colombo & other areas will result to CFLB's Asset value will appreciate further and consequences would be end up with strong balance sheet.

The long-term strategy of Group director finance is guide CFLB's more profit seeking organization like EBCR, DB, CW Mackie, Colonial motors etc. These will prove no longer CFLB loss making company and it will strategically reach profit line soon.

If pandemic is over, Their hotel sector will slowly start performing and will add value to CFLB. 

Government construction again will touch peak in SL. This will result to again sell their product like Bitumen, Hardware  items , Due to current high demand. This will ensure growth of CFLB.

more to come...

One thing sure. This will reach LKR 20.00 per share soon with plantation sector boom.

Cheers  Very Happy






THIS IS NOT TO PROMOTE BUY/SELL OR HOLD RECOMENDATION. 






Quoted from TEC, credit should go to BB =>


 CFLB 52% stake in EBCR is worth 8.27Bn (@ 31/1/2021 CMP of 6300). Alchemist in a previous post stated that EBCR was valued @ 10,000/share.

CFLB @ 30 gives MCap of 7.5Bn. So CWM LCEY LITE MULL COLO CIT CFI SIGV MARA BERU + ALL unlisted SBUs + COLO CSE Equity valued 1.4 Bn as end September 2020 (Largely Unrelated company investments such as LOLC 400,000) + Freehold 206P on Union Place + 156p in heart of Fort must be worth........ resulting in a negative value. :grin:.

Please note Plantation kept out as maybe disposed soon (see previous post). KOTA & LDEV exit takes out Billions of debt & a chunk of Interest cost.

KILLER99 likes this post

David VKMS


Senior Equity Analytic
Senior Equity Analytic

THE COLOMBO FORT LAND & BUILDING PLC

became profitable company in the FY 20/21 from the previous loss making years. December quarter company made Rs. 1.11 EPS and for the 9 months also it became positive EPS of Rs. 0.30. All these booked from the normal operational income. The estimated EPS for the 2020/21 is Rs. 1.40.

Further company is in the business of Real Estate & Investing Holding.
The success of port city bill give a better revaluation gain to any Real estate and investment companies.

Share performance in 12 Months.
12M high : Rs. 20.00
12M Low: Rs. 12.00
Current market Price : Rs. 12.00
Net asset per share Rs. 13.84
Considering the financial performance of the company and future outlook one of the good investment.  

8THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Empty K Tue May 18, 2021 5:25 pm

Kipling


Expert
Expert
Keep in mind 2 Properties- 156p in heart of Fort (owner by cflb directly) & 206p in union place,Colombo 2(owned by Colo which is 65%held by cflb) is carried at historical value. As per AR 19/20 market value is 5Bn more & these valuations also done 2-3 years before March 2020. This adds 20 to NAV. I am told based on current valuations actual variance minimum 10Bn that is NAV boost by 40. Further as per last QR seems non controlling interest overstated. (See NCR for SepQ & DecQ). Will be corrected during audit.

THUWA, RJ1010 and David VKMS like this post

THUWA


Manager - Equity Analytics
Manager - Equity Analytics
@Kipling wrote:Keep in mind 2 Properties- 156p in heart of Fort (owner by cflb directly) & 206p in union place,Colombo 2(owned by Colo which is 65%held by cflb) is carried at historical value. As per AR 19/20 market value is 5Bn more & these valuations also done 2-3 years before March 2020. This adds 20 to NAV. I am told based on current valuations actual variance minimum 10Bn that is NAV boost by 40. Further as per last QR seems non controlling interest overstated. (See NCR for SepQ & DecQ). Will be corrected during audit.
Well said bro, you are genius

Wolf86

Wolf86
Senior Equity Analytic
Senior Equity Analytic
It just started. 10 million ++ over Rs 14 ...

RJ1010 likes this post

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics
REPORT top 20 number 14 MR N .Perera ?

RJ1010 likes this post

Thushara Ayya

Thushara Ayya
Vice President - Equity Analytics
Vice President - Equity Analytics
Already I have mentioned this a week ago @ Rs. 12/-

Wolf86

Wolf86
Senior Equity Analytic
Senior Equity Analytic
This time must touch 20 +++

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