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AITKEN SPENCE HOTEL HOLDINGS PLC
ANILANA HOTELS AND PROPERTIES PLC
B
BLUE DIAMONDS JEWELLERY WORLDWIDE PLC
C
CARGO BOAT DEVELOPMENT COMPANY PLC
CEYLON GRAIN ELEVATORS PLC Hot
COLOMBO FORT LAND & BUILDING PLC
COMMERCIAL CREDIT AND FINANCE PLC
D
DIALOG AXIATA PLC
DISTILLERIES COMPANY OF SRI LANKA PLC
E
F
G
H
HAYLEYS FABRIC PLC
HVA FOODS PLC
J
JANASHAKTHI INSURANCE COMPANY PLC
JOHN KEELLS HOLDINGS PLC Hot
JOHN KEELLS HOTELS PLC
L
LANKEM CEYLON PLC
LAUGFS GAS PLC
LUCKY LANKA MILK PROCESSING COMPANY PLC
M
N
NATION LANKA FINANCE PLC
NESTLE LANKA PLC
O
P
PEOPLE'S LEASING & FINANCE PLC
PIRAMAL GLASS CEYLON PLC
R
RICHARD PIERIS AND COMPANY PLC
RICHARD PIERIS EXPORTS PLC Hot
ROYAL CERAMICS PLC
S
SOFTLOGIC LIFE INSURANCE PLC
SRI LANKA TELECOM PLC
T
TESS AGRO PLC
TOKYO CEMENT COMPANY (LANKA) PLC Hot
U
V
VALLIBEL ONE PLC Hot
W
Message [Page 11 of 11]
Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Tue Nov 03, 2020 2:58 pm
Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Tue Nov 03, 2020 3:12 pm
@KingMaker2020 wrote:This share keeps fluctuating but does not pass above 13..
Sell or hold?
DamithAsian and KingMaker2020 like this post
Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Tue Nov 03, 2020 3:27 pm
RJ1010 likes this post
Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Tue Nov 03, 2020 3:34 pm
RJ1010 and SANJAYANM like this post
Insightful, thank you! Tue Nov 03, 2020 3:56 pm
I entered at 13 too... I don't intend to trade this share but hold and from the looks of it, this is what I will do. Thank you for the clarity!@RJ1010 wrote:@KingMaker2020 wrote:This share keeps fluctuating but does not pass above 13..
Sell or hold?
Let the directors finish playing their games. What price did you enter? Assuming you entered at 13..... average if price falls to 10.50... this happened several times over last few weeks. If you can then hold this for 1yr price will be going up towards 17 as per the technicals and fundamentals. You can see this is a comprehensive post put on TEC forum and linked in a post above. Don’t be in a hurry to sell at a loss. I hold 20k shares bought at 13.
SANJAYANM likes this post
Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Tue Nov 03, 2020 4:24 pm Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Tue Nov 03, 2020 6:55 pm
@cseguide wrote:Why i am saying CFLB is a hidden gem
· 40 billion turnover company
· They have about 40 subsidiaries belong to CFLB
· It's land bank in heart of Colombo
· investment in Quoted and non Quoted Companies
2019
"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.
2020
But in this year.(2020) Interest rate reduced to all time low.
· interest expenses will reduce sharply resulting higher profit in this year
· Vat reduced and consumer spending recovering higher income from all sectors.
In 2019
" The steep decline in tea prices witnessed at the Colombo Auction as well as continued weakness in the global
the market for Natural Rubber has seen both the Group’s Plantation companies run at a significant loss."
In 2020
Good Tea and Rubber prices both have a greater impact on their plantation losses to reduce and come to come profitability
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.
Subsidiary Effective holding by CFLB 2019 march price 2020 oct. 2 price PRICE CHANGE % CWM 38% 36 45.00 25% KOTA 61% 5 8.10 62% LDEV 47.3% 2.2 5.60 154% LITE 31% 9 17.10 90% COLO 65% 50 80.00 60% YORK 50% 60 110.00 83% MARA 1.20 2.30 91% Average growth % 80%
2019 march price 2020 oct. 2 price PRICE CHANGE % CFLB Rs 9.50 Rs 13.90 46
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)
some of its well-known brands
KOTAGALA
LANKEM
LAXAPANA
SUNQUICK
AGARAPATHANA
C.W. MACKIE
YORK ARCADE
E.B. CREASY & COMPANY PLC
Kipling and judecroos like this post
Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Tue Nov 03, 2020 9:30 pm
Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Tue Nov 03, 2020 9:36 pmIt should be positive because CFLB is a diversified company.@hiransilva23 wrote:cflb have recorded losses in last quaters.can we expect a positive thing in coming quaters?
hiransilva23 likes this post
Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Tue Nov 03, 2020 9:37 pmAnyway this can move fast like last time,but if there is good reson journey will strong.@judecroos wrote:It should be positive because CFLB is a diversified company.@hiransilva23 wrote:cflb have recorded losses in last quaters.can we expect a positive thing in coming quaters?
judecroos likes this post
Re: THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000) Thu Dec 03, 2020 1:33 pm
Chithi, Kipling, RJ1010 and judecroos like this post
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