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

+12
skyfall
Chathur
sureshot
Thushara Ayya
cseguide
Wolf86
THUWA
David VKMS
jason12
Kipling
vijay singh
KILLER99
16 posters

Go to page : 1, 2  Next

Go down  Message [Page 1 of 2]

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


Manager - Equity Analytics
Manager - Equity Analytics

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
Moderator
Moderator

Already I have mentioned this a week ago @ Rs. 12/-

Wolf86

Wolf86
Senior Equity Analytic
Senior Equity Analytic

This time must touch 20 +++

14THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Empty CFLB.......COLOMBO FORT LAND PLC Mon Oct 04, 2021 10:04 pm

sureshot

sureshot
Vice President - Equity Analytics
Vice President - Equity Analytics

Watch CFLB ....
Neglected share. 

Chathur


Manager - Equity Analytics
Manager - Equity Analytics

This will up soon..

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

One of the most undervalued share in the market.  No one really knows how big this company is. Had a few bad years but now coming back strongly. LANKEM comes under CFLB as well.

RJ1010 likes this post

Kipling


Expert
Expert

Ebcr has upped dividend from 0.18 (adjusted for subdivision) to 1.00. 456% hike. Seems SDR Arudpragasam determined to usher in a minority shareholder friendly, dynamic, high growth (see TO & PAT performance) & low debt future for the Group.


From Twitter - A response to Dr Miracle Stocks

RJ1010 likes this post

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Too many companies come under CFLB. Lankem, EBCR some hotels .
CFLB is a massive company 

Rupee devaluation has a direct positive benefit to their profit margins in coming months.

Kipling


Expert
Expert

Yes. Just checked. 
Many unlisted SBUs plus following listed companies. 
Cflb
Cwm Ebcr mull lite Lcey 
Cfl CIT Colo
Kota Ldev 
Sigv Mara Beru

RJ1010 likes this post

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Hats off to @cseguide

[size=33]Why i am saying CFLB is a hidden gem[/size]
[size=33]·         [/size][size=33]40 billion turnover company[/size]
[size=33]·         [/size][size=33]They have about 40 subsidiaries belong to CFLB[/size]
[size=33]·         [/size][size=33]It's land bank in heart of Colombo[/size]
[size=33]·         [/size][size=33]investment in [/size][size=33]Quoted  and  non Quoted Companies[/size]
 
[size=33]2019[/size]
[size=33]"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.[/size]
[size=33]2020[/size]
[size=33]But in this year.(2020) Interest rate reduced to all time low.[/size]
[size=33]·         [/size][size=33]interest expenses  will reduce sharply resulting higher profit in this year[/size]
[size=33]·         [/size][size=33]Vat reduced and consumer spending recovering higher income from all sectors.[/size]
 
[size=33]In 2019[/size]
[size=33]" The steep decline in tea prices witnessed at the Colombo Auction as well as continued weakness in the global[/size]
[size=33]the market for Natural Rubber has seen both the Group’s Plantation companies run at a significant loss."[/size]
[size=33]In 2020[/size]
[size=33]Good Tea and Rubber prices both have a greater impact on their plantation losses to reduce and come to come profitability[/size]
 
 
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.
SubsidiaryEffective holding by CFLB2019 march price2020 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 price2020 oct. 2 pricePRICE CHANGE %
CFLBRs 9.50Rs 13.9046
 
Comparing the 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 are still greatly undervalued compare to their 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, processing, and marketing Co-Ro’s products in the form of concentrates and ready to drink (RTD) products marketed under the’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 the current agriculture-related businesses. It is LANKEM CEYLON PLC. it has considerable share in agric product segments like agrochemicals 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)
[size=33]some of its well-known brands[/size]
KOTAGALA
LANKEM
LAXAPANA
SUNQUICK
AGARAPATHANA
C.W. MACKIE
YORK ARCADE
E.B. CREASY & COMPANY PLC

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

This has to be the only company in CSE that does over 40B turnover yet market cap below 4Billion. 
They had a couple of rough years but now getting back to profitable state. 
This should trade closer to Rs50 not Rs 16.

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Their 400k LOLC shares worth 260m and 1m COMB shares worth over 85m. Overall their portfolio worth well over 1b. That's just their portfolio.  They owns many other listed companies such EBCR, Lankem KOTA, etc true value of the company should be over 20B.

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

We have witnessed some movements in last few days. The share is clearly trying to come out of the wood. Once the overhang is cleared this will pass 20 as the 1st step.

sajithlk02 likes this post

arun.cse


Manager - Equity Analytics
Manager - Equity Analytics

seems CFLB moving

Biggy


Senior Equity Analytic
Senior Equity Analytic

THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Screen10THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Screen10THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Screen10

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