FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post


ADVERTISE
Poll

EXCHANGE RATE PREDICTION: 2022

 
 
 
 

View results

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» ASI heading towards 8700
by ErangaDS Today at 2:33 pm

» ලංකාව ගැන බය හිතෙන වාර්තාවක් එළියට
by ErangaDS Today at 2:32 pm

» Tourist arrivals drop to lowest in September
by CHRONICLE™ Today at 2:23 pm

» Goldman believes the time is right for value to beat growth stocks
by ResearchMan Today at 12:53 pm

» Stock market for beginners There is no shame in being in cash.
by Asoka Samarakone Today at 10:49 am

» SEC nets big sharks; more prosecutions soon
by rajini Today at 10:12 am

» LOFC Future
by Prasad123 Today at 8:28 am

» සේරිවානිජලාට හසු නොවී BIL තියාගත්තොත් ආනගතයේදී මොකද වෙන්නේ
by vijay singh Today at 6:03 am

» 03 OCT - Panic & Psychological Fear Biggest Enemy dealing in stocks
by sanjayapeiris351 Today at 1:34 am

» Bank of England, Credit Suisse and Deutsche Bank in trouble
by CHRONICLE™ Yesterday at 4:38 pm

» Exterminators Plc (EXT.N)
by ErangaDS Yesterday at 4:08 pm

» Technical update 03/10/2022 - Maharaja
by DeepFuckingValue Yesterday at 3:29 pm

» Expolanka Promoter - The Capital Trust Securities WATCH OUT!!!
by DeepFuckingValue Yesterday at 3:17 pm

» Latest PE Based Valuations
by DeepFuckingValue Yesterday at 10:49 am

» BIL again possible make right issue, confirmed via past patterns, don't afraid,.
by invest thinker Yesterday at 12:44 am

» The world- Including Sri Lanka started to feel the pinch of the Russia- Ukraine war
by reyaz Yesterday at 12:12 am

» ASPI 10000, Still a Long Way to Go
by sojsilva Sun Oct 02, 2022 11:48 am

» RAL UNTOLD STORY, KEEPING TOUCH
by blindhog Sun Oct 02, 2022 11:29 am

» PLR (Prime Lands )Next Value counter.. Fair Value Rs 20
by Citizen Silva Fri Sep 30, 2022 1:47 pm

» SOFTLOGIC CAPITAL PLC (SCAP.N0000)
by Rational Investor Fri Sep 30, 2022 11:49 am

EXPERT CHRONICLE™

MARKET CHAT


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » CABO -- “ The Investment Company ” under Land & Building Sector

CABO -- “ The Investment Company ” under Land & Building Sector

+2
Dilithads
ForeigNer
6 posters

Go down  Message [Page 1 of 1]

ForeigNer

ForeigNer
Senior Equity Analytic
Senior Equity Analytic

Cargo Boat Development Company PLC is engaged in property development. The Company is also engaged in renting out premises. The Company's assets include Property at No 41 and Property at No 35, 35 1/1,& 37, which are located in Janadhipathi Mawatha, Colombo 01. The Property at No 41 and Property at No 35, 35 1/1,& 37 are office spaces with a net rentable area of approximately 54,470 square feet and 16.75 perches.

12 Months ended 31/03/2021 ;

Year on year Cargo Boat Development Company PLC grew revenues 2,017.81% from 320.00k to 6.78m while net income improved 100.76% from 69.86m to 140.24m.


CABO is highly illiquid where 92%  held by Top - 20 .

No of Shares issued  :   18 Mn  

Interest received during the year    :   Rs  54 Mn   (  Rs 3/=  per share )
Dividend received during the year  :   Rs  57 Mn  ( Rs 3.16  per share )
Proceeds from sale of Shares       :   Rs  92 Mn   (  Rs 5.11 per share )

EPS  =  Rs  7.78   (  compared to Rs 3.87  previous year  )



CABO -   Cash on hand value  Rs 425,000,000 /=


Further to holding of above mentioned  property at heart of the Colombo City ,

CABO maintains an extravagant Share Portfolio worth over 1.128 Bn rupees … !!!!!!

As per 2019/2020 Annual Report ,  following are the extract of major equities held in the portfolio ,

         COMB   -   4,280,862  shares
         DFCC    -   2,498,200  shares
         NDB       -       295,936  shares


         AHUN     -      733,193   shares
         SERV     -   1,010,100  shares
         RENU     -      455,440  shares
         PALM      -      137,500  shares


          IOC    -    130,000   shares

         CHL      -   305,485   shares


*****   VONE  -    523,000   shares

*****   LLUB   -   3,400,000  shares
          



Further to above investments in the CSE the company had invested in various 
Debentures total  amounting to Rs  174,399,332


Peer analysis





Company
Revenue (TTM)
Net income (TTM)
Market cap
Employees
Serendib Land PLC24.91m16.60m881.98m0.00
Cargo Boat Development Company PLC6.78m140.24m1.30bn9.00
Colombo City Holdings PLC56.02m55.29m1.47bn29.00
Equity Two PLC125.26m116.10m1.79bn6.00
CT Land Development PLC347.47m127.74m2.07bn26.00
Seylan Developments PLC385.17m375.60m2.22bn20.00
On'Ally Holdings Plc181.70m242.63m3.13bn19.00
Colombo Land and Development Company PLC433.47m68.59m5.82bn27.00
Data as of Jul 22 2021



Above Peer analysis indicates the CABO performance is fairly above many entities in the Land category and can expect the best Quarter Results within next couple of weeks time.


Conclusion  :     Further to improved company performances mentioned above I noticed some renewed buying interest on the counter throughout last week.  All technical indicators reflects a STRONG BUY flag on the counter.  

I predict a sharp price increase in the counter in coming week and price  to reach Rs 150 /=   level by 15 AUG 2021 .

Dilithads


Stock Analytic
Stock Analytic

This is under renuka group

samaritan


Moderator
Moderator

Dilithads wrote:This is under renuka group
You have rocked the Boat!CABO  --   “ The Investment Company ”  under Land & Building Sector Icon_cry

ForeigNer

ForeigNer
Senior Equity Analytic
Senior Equity Analytic

https://island.lk/cbd-business-centre-in-fort-hosts-official-opening-ready-for-new-tenants-in-2021/

samaritan


Moderator
Moderator

ForeigNer wrote:Cargo Boat Development Company PLC is engaged in property development. The Company is also engaged in renting out premises. The Company's assets include Property at No 41 and Property at No 35, 35 1/1,& 37, which are located in Janadhipathi Mawatha, Colombo 01. The Property at No 41 and Property at No 35, 35 1/1,& 37 are office spaces with a net rentable area of approximately 54,470 square feet and 16.75 perches.

12 Months ended 31/03/2021 ;

Year on year Cargo Boat Development Company PLC grew revenues 2,017.81% from 320.00k to 6.78m while net income improved 100.76% from 69.86m to 140.24m.


CABO is highly illiquid where 92%  held by Top - 20 .

No of Shares issued  :   18 Mn  

Interest received during the year    :   Rs  54 Mn   (  Rs 3/=  per share )
Dividend received during the year  :   Rs  57 Mn  ( Rs 3.16  per share )
Proceeds from sale of Shares       :   Rs  92 Mn   (  Rs 5.11 per share )

EPS  =  Rs  7.78   (  compared to Rs 3.87  previous year  )



CABO -   Cash on hand value  Rs 425,000,000 /=


Further to holding of above mentioned  property at heart of the Colombo City ,

CABO maintains an extravagant Share Portfolio worth over 1.128 Bn rupees … !!!!!!

As per 2019/2020 Annual Report ,  following are the extract of major equities held in the portfolio ,

         COMB   -   4,280,862  shares
         DFCC    -   2,498,200  shares
         NDB       -       295,936  shares


         AHUN     -      733,193   shares
         SERV     -   1,010,100  shares
         RENU     -      455,440  shares
         PALM      -      137,500  shares


          IOC    -    130,000   shares

         CHL      -   305,485   shares


*****   VONE  -    523,000   shares

*****   LLUB   -   3,400,000  shares
          



Further to above investments in the CSE the company had invested in various 
Debentures total  amounting to Rs  174,399,332


Peer analysis
















Company
Revenue (TTM)
Net income (TTM)
Market cap
Employees
Serendib Land PLC24.91m16.60m881.98m0.00
Cargo Boat Development Company PLC6.78m140.24m1.30bn9.00
Colombo City Holdings PLC56.02m55.29m1.47bn29.00
Equity Two PLC125.26m116.10m1.79bn6.00
CT Land Development PLC347.47m127.74m2.07bn26.00
Seylan Developments PLC385.17m375.60m2.22bn20.00
On'Ally Holdings Plc181.70m242.63m3.13bn19.00
Colombo Land and Development Company PLC433.47m68.59m5.82bn27.00
Data as of Jul 22 2021



Above Peer analysis indicates the CABO performance is fairly above many entities in the Land category and can expect the best Quarter Results within next couple of weeks time.


Conclusion  :     Further to improved company performances mentioned above I noticed some renewed buying interest on the counter throughout last week.  All technical indicators reflects a STRONG BUY flag on the counter.  

I predict a sharp price increase in the counter in coming week and price  to reach Rs 150 /=   level by 15 AUG 2021 .
Agree. Should clear triple digits.

ADVENTUS


Moderator
Moderator

CABO form wela

RJ1010 likes this post

samaritan


Moderator
Moderator

Will CABO follow BOGA & GREG?


Bogala Graphite, Ambean Holdings make their presence felt at CSE


"Notably, several not frequently notable companies including Bogala Graphite, Ambean Holdings and a few other other companies made their presence felt at the stock market yesterday, market analysts said".


https://island.lk/bogala-graphite-ambean-holdings-make-their-presence-felt-at-cse/

samaritan


Moderator
Moderator

ForeigNer wrote:Cargo Boat Development Company PLC is engaged in property development. The Company is also engaged in renting out premises. The Company's assets include Property at No 41 and Property at No 35, 35 1/1,& 37, which are located in Janadhipathi Mawatha, Colombo 01. The Property at No 41 and Property at No 35, 35 1/1,& 37 are office spaces with a net rentable area of approximately 54,470 square feet and 16.75 perches.

12 Months ended 31/03/2021 ;

Year on year Cargo Boat Development Company PLC grew revenues 2,017.81% from 320.00k to 6.78m while net income improved 100.76% from 69.86m to 140.24m.


CABO is highly illiquid where 92%  held by Top - 20 .

No of Shares issued  :   18 Mn  

Interest received during the year    :   Rs  54 Mn   (  Rs 3/=  per share )
Dividend received during the year  :   Rs  57 Mn  ( Rs 3.16  per share )
Proceeds from sale of Shares       :   Rs  92 Mn   (  Rs 5.11 per share )

EPS  =  Rs  7.78   (  compared to Rs 3.87  previous year  )



CABO -   Cash on hand value  Rs 425,000,000 /=


Further to holding of above mentioned  property at heart of the Colombo City ,

CABO maintains an extravagant Share Portfolio worth over 1.128 Bn rupees … !!!!!!

As per 2019/2020 Annual Report ,  following are the extract of major equities held in the portfolio ,

         COMB   -   4,280,862  shares
         DFCC    -   2,498,200  shares
         NDB       -       295,936  shares


         AHUN     -      733,193   shares
         SERV     -   1,010,100  shares
         RENU     -      455,440  shares
         PALM      -      137,500  shares


          IOC    -    130,000   shares

         CHL      -   305,485   shares


*****   VONE  -    523,000   shares

*****   LLUB   -   3,400,000  shares
          



Further to above investments in the CSE the company had invested in various 
Debentures total  amounting to Rs  174,399,332


Peer analysis



























Company
Revenue (TTM)
Net income (TTM)
Market cap
Employees
Serendib Land PLC24.91m16.60m881.98m0.00
Cargo Boat Development Company PLC6.78m140.24m1.30bn9.00
Colombo City Holdings PLC56.02m55.29m1.47bn29.00
Equity Two PLC125.26m116.10m1.79bn6.00
CT Land Development PLC347.47m127.74m2.07bn26.00
Seylan Developments PLC385.17m375.60m2.22bn20.00
On'Ally Holdings Plc181.70m242.63m3.13bn19.00
Colombo Land and Development Company PLC433.47m68.59m5.82bn27.00
Data as of Jul 22 2021



Above Peer analysis indicates the CABO performance is fairly above many entities in the Land category and can expect the best Quarter Results within next couple of weeks time.


Conclusion  :     Further to improved company performances mentioned above I noticed some renewed buying interest on the counter throughout last week.  All technical indicators reflects a STRONG BUY flag on the counter.  

I predict a sharp price increase in the counter in coming week and price  to reach Rs 150 /=   level by 15 AUG 2021 .
Fundamentally undervalued share (NAV 122/=) waiting to breakout!

samaritan


Moderator
Moderator

ForeigNer wrote:Cargo Boat Development Company PLC is engaged in property development. The Company is also engaged in renting out premises. The Company's assets include Property at No 41 and Property at No 35, 35 1/1,& 37, which are located in Janadhipathi Mawatha, Colombo 01. The Property at No 41 and Property at No 35, 35 1/1,& 37 are office spaces with a net rentable area of approximately 54,470 square feet and 16.75 perches.

12 Months ended 31/03/2021 ;

Year on year Cargo Boat Development Company PLC grew revenues 2,017.81% from 320.00k to 6.78m while net income improved 100.76% from 69.86m to 140.24m.


CABO is highly illiquid where 92%  held by Top - 20 .

No of Shares issued  :   18 Mn  

Interest received during the year    :   Rs  54 Mn   (  Rs 3/=  per share )
Dividend received during the year  :   Rs  57 Mn  ( Rs 3.16  per share )
Proceeds from sale of Shares       :   Rs  92 Mn   (  Rs 5.11 per share )

EPS  =  Rs  7.78   (  compared to Rs 3.87  previous year  )



CABO -   Cash on hand value  Rs 425,000,000 /=


Further to holding of above mentioned  property at heart of the Colombo City ,

CABO maintains an extravagant Share Portfolio worth over 1.128 Bn rupees … !!!!!!

As per 2019/2020 Annual Report ,  following are the extract of major equities held in the portfolio ,

         COMB   -   4,280,862  shares
         DFCC    -   2,498,200  shares
         NDB       -       295,936  shares


         AHUN     -      733,193   shares
         SERV     -   1,010,100  shares
         RENU     -      455,440  shares
         PALM      -      137,500  shares


          IOC    -    130,000   shares

         CHL      -   305,485   shares


*****   VONE  -    523,000   shares

*****   LLUB   -   3,400,000  shares
          



Further to above investments in the CSE the company had invested in various 
Debentures total  amounting to Rs  174,399,332


Peer analysis
















Company
Revenue (TTM)
Net income (TTM)
Market cap
Employees
Serendib Land PLC24.91m16.60m881.98m0.00
Cargo Boat Development Company PLC6.78m140.24m1.30bn9.00
Colombo City Holdings PLC56.02m55.29m1.47bn29.00
Equity Two PLC125.26m116.10m1.79bn6.00
CT Land Development PLC347.47m127.74m2.07bn26.00
Seylan Developments PLC385.17m375.60m2.22bn20.00
On'Ally Holdings Plc181.70m242.63m3.13bn19.00
Colombo Land and Development Company PLC433.47m68.59m5.82bn27.00
Data as of Jul 22 2021



Above Peer analysis indicates the CABO performance is fairly above many entities in the Land category and can expect the best Quarter Results within next couple of weeks time.


Conclusion  :     Further to improved company performances mentioned above I noticed some renewed buying interest on the counter throughout last week.  All technical indicators reflects a STRONG BUY flag on the counter.  

I predict a sharp price increase in the counter in coming week and price  to reach Rs 150 /=   level by 15 AUG 2021 .
Renuka Group is on upward trend. Will the illiquid CABO be the next NIFL?

samaritan


Moderator
Moderator

ForeigNer wrote:Cargo Boat Development Company PLC is engaged in property development. The Company is also engaged in renting out premises. The Company's assets include Property at No 41 and Property at No 35, 35 1/1,& 37, which are located in Janadhipathi Mawatha, Colombo 01. The Property at No 41 and Property at No 35, 35 1/1,& 37 are office spaces with a net rentable area of approximately 54,470 square feet and 16.75 perches.

12 Months ended 31/03/2021 ;

Year on year Cargo Boat Development Company PLC grew revenues 2,017.81% from 320.00k to 6.78m while net income improved 100.76% from 69.86m to 140.24m.


CABO is highly illiquid where 92%  held by Top - 20 .

No of Shares issued  :   18 Mn  

Interest received during the year    :   Rs  54 Mn   (  Rs 3/=  per share )
Dividend received during the year  :   Rs  57 Mn  ( Rs 3.16  per share )
Proceeds from sale of Shares       :   Rs  92 Mn   (  Rs 5.11 per share )

EPS  =  Rs  7.78   (  compared to Rs 3.87  previous year  )



CABO -   Cash on hand value  Rs 425,000,000 /=


Further to holding of above mentioned  property at heart of the Colombo City ,

CABO maintains an extravagant Share Portfolio worth over 1.128 Bn rupees … !!!!!!

As per 2019/2020 Annual Report ,  following are the extract of major equities held in the portfolio ,

         COMB   -   4,280,862  shares
         DFCC    -   2,498,200  shares
         NDB       -       295,936  shares


         AHUN     -      733,193   shares
         SERV     -   1,010,100  shares
         RENU     -      455,440  shares
         PALM      -      137,500  shares


          IOC    -    130,000   shares

         CHL      -   305,485   shares


*****   VONE  -    523,000   shares

*****   LLUB   -   3,400,000  shares
          



Further to above investments in the CSE the company had invested in various 
Debentures total  amounting to Rs  174,399,332


Peer analysis






































Company
Revenue (TTM)
Net income (TTM)
Market cap
Employees
Serendib Land PLC24.91m16.60m881.98m0.00
Cargo Boat Development Company PLC6.78m140.24m1.30bn9.00
Colombo City Holdings PLC56.02m55.29m1.47bn29.00
Equity Two PLC125.26m116.10m1.79bn6.00
CT Land Development PLC347.47m127.74m2.07bn26.00
Seylan Developments PLC385.17m375.60m2.22bn20.00
On'Ally Holdings Plc181.70m242.63m3.13bn19.00
Colombo Land and Development Company PLC433.47m68.59m5.82bn27.00
Data as of Jul 22 2021



Above Peer analysis indicates the CABO performance is fairly above many entities in the Land category and can expect the best Quarter Results within next couple of weeks time.


Conclusion  :     Further to improved company performances mentioned above I noticed some renewed buying interest on the counter throughout last week.  All technical indicators reflects a STRONG BUY flag on the counter.  

I predict a sharp price increase in the counter in coming week and price  to reach Rs 150 /=   level by 15 AUG 2021 .
CABO  --   “ The Investment Company ”  under Land & Building Sector Icon_lolCABO  --   “ The Investment Company ”  under Land & Building Sector Icon_lolCABO  --   “ The Investment Company ”  under Land & Building Sector Icon_lol

sakuni


Manager - Equity Analytics
Manager - Equity Analytics

samaritan wrote:
ForeigNer wrote:Cargo Boat Development Company PLC is engaged in property development. The Company is also engaged in renting out premises. The Company's assets include Property at No 41 and Property at No 35, 35 1/1,& 37, which are located in Janadhipathi Mawatha, Colombo 01. The Property at No 41 and Property at No 35, 35 1/1,& 37 are office spaces with a net rentable area of approximately 54,470 square feet and 16.75 perches.

12 Months ended 31/03/2021 ;

Year on year Cargo Boat Development Company PLC grew revenues 2,017.81% from 320.00k to 6.78m while net income improved 100.76% from 69.86m to 140.24m.


CABO is highly illiquid where 92%  held by Top - 20 .

No of Shares issued  :   18 Mn  

Interest received during the year    :   Rs  54 Mn   (  Rs 3/=  per share )
Dividend received during the year  :   Rs  57 Mn  ( Rs 3.16  per share )
Proceeds from sale of Shares       :   Rs  92 Mn   (  Rs 5.11 per share )

EPS  =  Rs  7.78   (  compared to Rs 3.87  previous year  )



CABO -   Cash on hand value  Rs 425,000,000 /=


Further to holding of above mentioned  property at heart of the Colombo City ,

CABO maintains an extravagant Share Portfolio worth over 1.128 Bn rupees … !!!!!!

As per 2019/2020 Annual Report ,  following are the extract of major equities held in the portfolio ,

         COMB   -   4,280,862  shares
         DFCC    -   2,498,200  shares
         NDB       -       295,936  shares


         AHUN     -      733,193   shares
         SERV     -   1,010,100  shares
         RENU     -      455,440  shares
         PALM      -      137,500  shares


          IOC    -    130,000   shares

         CHL      -   305,485   shares


*****   VONE  -    523,000   shares

*****   LLUB   -   3,400,000  shares
          



Further to above investments in the CSE the company had invested in various 
Debentures total  amounting to Rs  174,399,332


Peer analysis

















































Company
Revenue (TTM)
Net income (TTM)
Market cap
Employees
Serendib Land PLC24.91m16.60m881.98m0.00
Cargo Boat Development Company PLC6.78m140.24m1.30bn9.00
Colombo City Holdings PLC56.02m55.29m1.47bn29.00
Equity Two PLC125.26m116.10m1.79bn6.00
CT Land Development PLC347.47m127.74m2.07bn26.00
Seylan Developments PLC385.17m375.60m2.22bn20.00
On'Ally Holdings Plc181.70m242.63m3.13bn19.00
Colombo Land and Development Company PLC433.47m68.59m5.82bn27.00
Data as of Jul 22 2021



Above Peer analysis indicates the CABO performance is fairly above many entities in the Land category and can expect the best Quarter Results within next couple of weeks time.


Conclusion  :     Further to improved company performances mentioned above I noticed some renewed buying interest on the counter throughout last week.  All technical indicators reflects a STRONG BUY flag on the counter.  

I predict a sharp price increase in the counter in coming week and price  to reach Rs 150 /=   level by 15 AUG 2021 .
CABO  --   “ The Investment Company ”  under Land & Building Sector Icon_lolCABO  --   “ The Investment Company ”  under Land & Building Sector Icon_lolCABO  --   “ The Investment Company ”  under Land & Building Sector Icon_lol
keep eye on this counter.. net asset 125 EPS over 8 ..

rukshan1234


Manager - Equity Analytics
Manager - Equity Analytics

80+  small volume number  of shares
Very Happy Very Happy

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum