all your answers are in that pdf. Its a spectacular performance within a very short term and the company is turning around. total revenue has increased by 25.72%(45,025/35,813*100-100).other income has increased by 538%(7,471/1,171*100-100).. operational expense have been reduced by 50.74%(-(25353-12448)/25353*100). finance expenses have been totally turnaround. it was negative 35.789 million and it has been a plus 22.36 million. finance expense is an expense by definition and isn't it weird.hehe..this might be due to the interest earned on the surplus rights money and it states that CSD is rich with both cash and company/land valuation. company has turnaround from a loss to a profit. The interesting part is the comparison of the profit and losses figure. its an exceptional turnaround. earlier it reported a net loss of 25.3 million. mind you . this is a negative figure. they have some how not minimized the profits, but exceeded the break even point and recorded a profit. the best part is the recorded profit which is 54.9 million positive profit is much more than the double the loss they had. so if you want to use the principle of marginal profit and calculate the performance. they have made additional 80.2 million over the period comparatively. EPS has changed from negative 64 cents to positive 68 cents. its a complete turnaround.NAVPS as at 31-03-2011 = 47.56 and as at 30-06-2011 =29.65 where between the 3 months period it has increased by 24.68%(29.65/(47.56/2)*100-100). Isn't this marvelous. 25% increase over the net assets value as well. As chinwi mentioned "After the current up trend in land and building value in Colombo they may get a huge increase if they revalue. After completion ( or at the middle) of Shangri-la and other nearby developments, we may not get a chance to own CSD at current prices". so this is enough of the financial analysis. my god what a performance within 3/6 months and they have utilized the rights money to the max and if they sustain the same June quarter results in the nest report no one can stop this flying over .......(will not say any prices). so hunter just tell me one stock trading in the entire CSE which has had a exceptional performance like this & still trading at a very meager 48.14%((15.4-29.7)/29.7*100) below the NAV. I think right now at the moment when considering all the crappy shares which have absurd valuation this is a GEM for sure. I think you are satisfied with my post hunter
@chinwi- thank you brother. sorry for the late reply. will enter to csd next week. due to crooked credit backed traders i will be able to grab my portion without any risk .
I would love some crazy fellows to dispose in the range of 14 so that i can fill my pockets with the Seylan Tower....all the best....even after selling all my holdings , giving reasons for the share was a bit uncomfortable situation for me.since i rarely get a free time to post will take the opportunity and posted. God bless me and keep the prices down until i collect . After all I am human too.any way ALL THE BEST CSD HOLDERS.