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

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» CIC Holdings Good Times Ahead
by ashan silva Yesterday at 11:00 am

» LANKA CREDIT AND BUSINESS FINANCE PLC (LCBF.N0000)
by K.R Yesterday at 8:51 am

» EPF Fund keep eye on low P/E Shares
by K.R Yesterday at 8:45 am

» SINS - the Tailwind effects of a crisis hit Economy
by Hawk Eye Yesterday at 8:37 am

» Ceylon cold stores
by Hawk Eye Yesterday at 8:25 am

» Asha securities Provide buy signal for CIC
by ddrperera Fri Mar 15, 2024 1:10 am

» LOLC FINANCE PLC (LOFC.N0000)
by kasunkumara Thu Mar 14, 2024 4:41 pm

» CSE ready for another Downtrend?
by D.G.Dayaratne Thu Mar 14, 2024 11:24 am

» LankaLAW Forum : Sri Lanka’s #1 Discussion Platform for Legal Questions and Answers
by blindhog Thu Mar 14, 2024 9:14 am

» FINANCE AND LEASING SECTOR
by ErangaDS Thu Mar 14, 2024 7:19 am

» Sri Lanka poised to benefit from demand surge for ‘non-China origin’ graphite
by samaritan Wed Mar 13, 2024 1:31 pm

» LOLC hotels
by Maharaja Tue Mar 12, 2024 2:34 pm

» CIC HOLDINGS PLC (CIC.N0000)
by nilantha suranga Mon Mar 11, 2024 11:19 pm

» AEL target price ?
by suku502 Mon Mar 11, 2024 11:26 am

» WAPO 200% UP
by LAMDA Sun Mar 10, 2024 10:33 pm

» LOLC Group's stunning performance goes beyond numbers!
by bkasun Sun Mar 10, 2024 7:21 pm

» UNION ASSURANCE PLC (UAL.N0000)
by ErangaDS Thu Mar 07, 2024 6:39 pm

» Focus on Government controlled entities
by ErangaDS Thu Mar 07, 2024 6:33 pm

» Will CEYLON TOBACCO COMPANY PLC (CTC.N0000) delist from the CSE?
by rajithasahan Mon Mar 04, 2024 10:40 am

» EXPO.N - Expo Lanka Holdings De-Listing
by smallinvestor Fri Mar 01, 2024 4:50 pm

» ලොව වැඩිම පොලී ගෙවන රට බවට ශ්‍රි ලංකාව පත් වෙයි
by Beyondsenses Fri Mar 01, 2024 3:43 pm

» Suspension of Parate Execution: Impact to Banking Sector Shares
by God Father Fri Mar 01, 2024 7:15 am

» TAFL is the most undervalued & highly potential counter in the Poultry Sector
by atdeane Thu Feb 29, 2024 10:33 pm

» Excellent Report pending From CTC (Keep eye on CTC )
by ddrperera Thu Feb 29, 2024 7:11 pm

» Investor Alert: Sri Lanka Stock Brokering Mafia Strongly Active!
by D.G.Dayaratne Thu Feb 29, 2024 6:29 am

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube

Disclaimer
FINANCIAL CHRONICLE™ Disclaimer

The information contained in this FINANCIAL CHRONICLE™ have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein. FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever. Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, FINANCIAL CHRONICLE™ blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

Further the writers and users shall not induce or attempt to induce another person to trade in securities using this platform (a) by making or publishing any statement or by making any forecast that he knows to be misleading, false or deceptive; (b) by any dishonest concealment of material facts; (c) by the reckless making or publishing, dishonestly or otherwise of any statement or forecast that is misleading, false or deceptive; or (d) by recording or storing in, or by means of, any mechanical, electronic or other device, information that he knows to be false or misleading in a material particular. Any action writers and users take in respect of (a),(b),(c) and (d) above shall be their own responsibility, FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental violation of securities laws of any country, damages or loss arising out of the use of this information.


AI Live Chat

You are not connected. Please login or register

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

+80
KingMaker2020
gosrilanka
kanishkaecomm
dayandacool
100Bill
Mithooshan
vikey
judecroos
KavinduTM
SECsux
cseguide
Kipling
Capton KIng Cool
Yahapalanaya
Thushara Ayya
wisdom79
Mr-Star
SupunD
bonbon
bakapandithaya
Chinwi
Gainer
fireshelter
m2_yapa
Joe007
wisdom78
charith666lk
A2Z
chamil1
EquityChamp
Pac-man
karuna
nimantha80
sandunj
anges
sureshot
Prince
mdcpk1975
AAABoy
RPPA
omegaplus
WildBear
cse_investor1
monash
windi5
kcrRanz
Sarabulathwita
Eng Krishantha
Antonym
NZ BOY
dhanurrox
Top Trader
Dr Stock
Invest_Wisely
Aamiable
Meta Trader
UKboy
uditha9
wis
stocker
rana
Stockmaster
TelesHope
ShareShares
RANGANA PERERA
tubal
ruwa925
$$$
knowledge
kuk83
econ
mono
dulandesilva
dhamm
greene
CSE1
Quibit
dinusl
DeepFreakingValue
CHRONICLE™
84 posters

Go to page : 1, 2, 3, 4, 5, 6, 7, 8, 9  Next

Go down  Message [Page 1 of 9]

CHRONICLE™

CHRONICLE™
Admin

The Colombo Fort Land & Building PLC is engaged in real estate and property development, management of an investment portfolio and the provision of management services. The Company operates in five segments: Trading of Consumer Products, Trading of Industrial Products, Leisure, Plantations and Others. The Company, through its subsidiaries, is engaged in manufacturing and marketing of chemicals, paints, hardware, building materials and packaging; manufacturing and marketing of consumer disposables, food and beverage products; marketing and distribution of pharmaceuticals; marketing of motor vehicles and accessories, and the provision of vehicle maintenance services. In addition, the Company involves in the operation of tourist hotels and inbound tour operations; production, processing and marketing of tea, rubber and desiccated coconut, and management of investment portfolios. Its subsidiaries include Agarapatana Plantations Limited, Kotagala Plantations PLC and Marawila Resorts PLC.

CFLB prices have gone up so much, there is a rumor in the market that there is a rights issue or split. Is it true? do you think it is worth buying this company at this price. Also what do you think of lankem and cw mackie.



Last edited by CHRONICLE™ on Sat Jun 05, 2021 3:00 pm; edited 1 time in total

https://www.srilankachronicle.com

DeepFreakingValue

DeepFreakingValue
Manager - Equity Analytics
Manager - Equity Analytics

CFLB 6mts ended Sep'10 profit after tax was up by 1628% to 0.567Mn also EPS Rs.8.82. No of issued share are only 36MN of which 84% i.e 30.2MN in the hands of Institutions and the bal 16% i.e only 5.8MN in the hands of the public. Profit for year end could be predicted at least Rs 2.2 BN then EPS would be >Rs.60/-. This is one of the best in the market. With compare to the other company's in the market the price of a share still undervalue and it should be reached ???? 4 digit mark..

Commented by a reader @ Srilankaequity.com chatbox

dinusl

dinusl
Co-Admin

It's seems like silent collection is going. Rolling Eyes Rolling Eyes

Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

As discussed above, CFLB has the potential to go up to Rs 1000/= based on its earnings, Profit. CFLB is expected to make a Group profit of about Rs 2,5 bn. Breakdown is expected to be Lankem Rs 1bn, Kotagala Rs 800mn, CW Mackie Rs 250mn, Hotels Rs 70mn etc..

CFLB owns the entire group including Lankem. Please find below the Group: structure.

THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Cflb12

CSE1

CSE1
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Nice explanation....
thank U

6THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Empty CFLB Sat Jan 29, 2011 9:17 pm

greene


Equity Analytic
Equity Analytic

wouldnt LCEY trade higher ? being the largest contributor to CFLBs eps value especially in the third quarter. pls correct me if im wrong. Plus an year ended profit of 1Billion for LCEY accounts for a december eps of 31.6



Last edited by greene on Thu Feb 03, 2011 4:27 pm; edited 3 times in total

CSE1

CSE1
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

I think CFLB easily can pass 500 now

dhamm


Manager - Equity Analytics
Manager - Equity Analytics

Hi Quibit,

6 months EPS is 8.82. So price of 1000 can be justifiable? appreciate ur comments. Smile

dulandesilva


Equity Analytic
Equity Analytic

Eps as for the last quarter(Q3:10) = 3.70
Annualized EPS = 3.70*4= 14.8
Market pric = 455
PER = 455/14.8 = 30.7
Sector PE = 34.04

Market value as for the Sector OE value = 34.04*14.8 = 454.08

MACD = 60
Signal = 48
RSI = 86

Eps as for the last quarter(Q3:10) = 3.70
Annualized EPS = 3.70*4= 14.8
Market pric = 455
PER = 455/14.8 = 30.7
Sector PE = 34.04
Market value as for the Sector OE value = 34.04*14.8 = 454.08

According to the present conditions this is overbought.
Please corect me if I'm wrong, also appreciate if you can give a explanation on the figures since Im not a fundamental expert

Tkz

dhamm


Manager - Equity Analytics
Manager - Equity Analytics

dulandesilva wrote:Eps as for the last quarter(Q3:10) = 3.70
Annualized EPS = 3.70*4= 14.8
Market pric = 455
PER = 455/14.8 = 30.7
Sector PE = 34.04

Market value as for the Sector OE value = 34.04*14.8 = 454.08

MACD = 60
Signal = 48
RSI = 86

Eps as for the last quarter(Q3:10) = 3.70
Annualized EPS = 3.70*4= 14.8
Market pric = 455
PER = 455/14.8 = 30.7
Sector PE = 34.04
Market value as for the Sector OE value = 34.04*14.8 = 454.08

According to the present conditions this is overbought.
Please corect me if I'm wrong, also appreciate if you can give a explanation on the figures since Im not a fundamental expert

Tkz

EPS for the 6 months ended is 8.82. so annualized EPS is 17.64, so the approximate price could be,

17.64*34 ( sector PE) = 600.

But, this is based on the sector PE. So how come this 1000 story came? Appreciate if someone give clarifications if the valuation for 1000 is justifiable.
cheers.

mono

mono
Vice President - Equity Analytics
Vice President - Equity Analytics

The story i have heard is that they have alot of land on lease around fort that has not been revalued for 30 odd years. now if these people actually have 5-6 acres of land in fort that would be worth billions now and many more billions in the future with the fort expansion project. that is why the share is going up. I'm going to go and see if i can actually find this land next week.

I do have a large holding of CFLB and i have no way of verifying what i have said. so please take my comment with a grain of salt and try to do your own research. Don't jump into this share willy nilly as it is quite overbought at the moment and can easily loose 40-50 rupees of it's value.

I have doubts whether their EPS can justify their current price, but if this land story is true the company can also be evaluated like a real estate company with their book value being more important

dhamm


Manager - Equity Analytics
Manager - Equity Analytics

mono wrote:The story i have heard is that they have alot of land on lease around fort that has not been revalued for 30 odd years. now if these people actually have 5-6 acres of land in fort that would be worth billions now and many more billions in the future with the fort expansion project. that is why the share is going up. I'm going to go and see if i can actually find this land next week.

I do have a large holding of CFLB and i have no way of verifying what i have said. so please take my comment with a grain of salt and try to do your own research. Don't jump into this share willy nilly as it is quite overbought at the moment and can easily loose 40-50 rupees of it's value.

I have doubts whether their EPS can justify their current price, but if this land story is true the company can also be evaluated like a real estate company with their book value being more important

Thanks mono. Good that you share the revaluation thing. I didnt know that up to now. anyway it seems risky entering now. will see if prices come down. tks. Smile

econ

econ
Global Moderator

thanks for the info mono..
but I wish I could get that news when CFLB trade around 190..
it went up too fast..
now too late for me..
you got it around 340 right??

kuk83

kuk83
Manager - Equity Analytics
Manager - Equity Analytics

dulandesilva,

you have taken Q2 result as Q3.Q3 still no release and everybody waiting for that. No No No

dulandesilva


Equity Analytic
Equity Analytic

thanks for correcting me kuk83.

What is the most accurate EPS value to consider...6 month value or the quarter value when calculating(in general)

tkz again

16THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Empty CFLB Fri Feb 04, 2011 11:17 pm

knowledge


Stock Analytic
Stock Analytic

CFLB EPS for the two quarters ending 30/09/2010 was 8.82, however, one cannot simple double this to yield an annualized EPS of 17.64 since the Q4 of 2010 will show a considerable increase in profits. Just have a look at what exactly their holding structure is: https://servimg.com/view/16108723/3 (Kudos to Quibit for compiling this)

If we apply average profit increases that we have seen in recently released results, it is safe to assume that CFLB will yield an annualized EPS of at least 30-35, if not considerably more. Personally I expect them to announce an EPS of 20+ for the last quarter alone. Assuming the former (not the latter), a share price of 800-1000 is very realistic and I presume it will hit this (with a few ups and downs along the way) latest with their Q1 2011 results. This is not an advice, just my opinion. We will know for sure within a week or two when their results are out.

dhamm


Manager - Equity Analytics
Manager - Equity Analytics

knowledge wrote:CFLB EPS for the two quarters ending 30/09/2010 was 8.82, however, one cannot simple double this to yield an annualized EPS of 17.64 since the Q4 of 2010 will show a considerable increase in profits. Just have a look at what exactly their holding structure is: https://servimg.com/view/16108723/3 (Kudos to Quibit for compiling this)

If we apply average profit increases that we have seen in recently released results, it is safe to assume that CFLB will yield an annualized EPS of at least 30-35, if not considerably more. Personally I expect them to announce an EPS of 20+ for the last quarter alone. Assuming the former (not the latter), a share price of 800-1000 is very realistic and I presume it will hit this (with a few ups and downs along the way) latest with their Q1 2011 results. This is not an advice, just my opinion. We will know for sure within a week or two when their results are out.

EPS for last two qtrs is 8.82, roughly, 4.5 for a qtr. Then, to EPS of 20 for the last qtr is a 500% increase. what's the reason to such as increase? pls clarify.

mono

mono
Vice President - Equity Analytics
Vice President - Equity Analytics

CFLB has alot of plantations & agriculture related companies under it's wing. You can't just take past EPS and multiply it to get CFLB future performance. It's not that simple, you need to look at those sectors and figure out how they're doing and then forecast quarter by quarter.

$$$


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Agree with Knowledge ...CFLB EPS for the first 6 months is 8.82 .Since CFLb has a low free float of 36 Million shares any up surge in profit results in the EPS moving up considerably. When you look at Segment revenue it has doubled from 09 t0 10 with all their business segments doing extremely well . Out of the 11 segments only two are making losses which are Construction and Hotels (we all know how these two segments are set to boom). I to feel that that their anualised EPS Should settle between 30 and 35 . Even if you take the PE at 20 well the results will speak for themselves and the share should trade between 600 and 700 ...don't for get that they have a massive land bank in fort that has not been revalued in years so they are sitting on a massive Land bank. PER for growth sectors are usually higher as people are willing to pay more for such shares. The other factor is that only 5 million plus shares are actively traded as 85% share holding is with the top 20 share holders of the firm . If CFLB has to move forward another thing they might do is offer a rights issue or script issue to increase the Free float which at the moment really doesn't do justice to it's rising status. they will need to increase it sooner rather than later. an estimate is that
they will top one billion in profits in the last two quarters with the 3rd quarter expected to do around 700 million if their anualised profit tops 1.5billion then we are looking at an EPs of around 40 . All depends on this quarters results.

However the risks would be that like any company with low liquidity the share price can come down as much if there is any negativity with regard to the share i.e BFL when it drops it drops but it consolidates and rises.

The bull signals are there FOR CFLB and its main group companies....lets see when the latest quarter results are out.

$$$


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Yes past performance as important can not be taken in to consideration when calculating current or future trends..as in the case of CFLB go in to the individual segments and you can gauge where the company is headed. quite a few growth segments in their portfolio.

21THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Empty WHAT DO YOU THINK ABOUT CFLB..... Sat Feb 12, 2011 1:05 pm

ruwa925


Manager - Equity Analytics
Manager - Equity Analytics

Guys what do you think about CFLB.I feel it can move up agin why because I noticed the
Trading patern is unusual.



Last edited by Quibit on Sat Feb 12, 2011 8:03 pm; edited 1 time in total (Reason for editing : Merged with earlier topics)

tubal


Vice President - Equity Analytics
Vice President - Equity Analytics

well my friends, the CFLB interim financial statement can be downloaded from the CSE website.
http://www.cse.lk/cmt/upload_report_file/504_1297677052538.12.10%20CFLB.pdf

I leave it to you to argue whether the growth justifies a 170% increase in share price seen since the start of the year.

mono

mono
Vice President - Equity Analytics
Vice President - Equity Analytics

LCEY eps for the quarter 23.63

impressive!

http://www.cse.lk/cmt/upload_report_file/497_1297674897479..%202010.PDF

dhamm


Manager - Equity Analytics
Manager - Equity Analytics

mono wrote:LCEY eps for the quarter 23.63

impressive!

http://www.cse.lk/cmt/upload_report_file/497_1297674897479..%202010.PDF

hey mono, you were thinking what would happen if LCEY doent earn EPS of 10 right? Twisted Evil

$$$


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

I think Lcey exceeded expectations and CFLB has stayed on course. Lets keep an eye on segmental profits during the next few quarters. Over all I think CFLB and the group are on the right track if they can go in for a split or even rights to spice up things well its going to be a nice couple of quarters in the future.

Happy Hunting!

Sponsored content



Back to top  Message [Page 1 of 9]

Go to page : 1, 2, 3, 4, 5, 6, 7, 8, 9  Next

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