JOHN KEELLS HOLDINGS PLC (JKH.N0000)

200 ???

Can you explain the reason for selling JKH by caption?

madukp wrote:

Teller wrote:Im talking about the operating cash flow here. Taking loans and paying dividend is against the concept . Who knows they want to maintain the share price and go for another right issue. Its a peanut 0.50 cents companies like JKH . Based on its assets based JKH has achieved very poor performance.  In this situation fundemental value below to 100/- , this is the reason i didnt recommend jkh in recent past. You can refer my old posts

This is true. I have referred your previous explanations too, those posts are not justifying the fact that JKH should trade under 100. When thinking about the world economic situation and he JKH has performed, still  JKH is undervalued as per my view. True, they have losses, I agree that 0.5 profit share is a peanut and the fact that paying a dividend and taking loans rhyme together.  But when going through the JKH business perspective one can be anticipated this share will be appreciated to 150 levels in 2021 first quarter easily.

Almost 20% gain from when I have posted this. JHK will be heading to 150's sooner than anticipated

Madukp. Please check I am hearing Casino to be given. Then even 200 too low. As I said then moon. Hope you agree.

Kipling wrote:Madukp. Please check I am hearing Casino to be given. Then even 200 too low. As I said then moon. Hope you agree.

Previous time it didn't work well. Hope things will work out this time. Anyway JKH general market value is above 150 levels, therefore given positive surroundings, I agree this might go to 200. People who purchased when others condemn this share now can freely sit and relax

Goverment surport to JKH.N is imminant

see the below article

Flyover to the Slave Island Railway Station Road

https://economynext.com/sri-lanka-to-call-contractors-for-rs6bn-flyover-in-colombo-73401/

Captain 
Any news on Casino. If given then moon. I think SLPP will give all needed support for local corporates. Any news.

Wait dear it will happen with time

No such news sofar

Share should touch 140/- at the month end

Kipling wrote:Captain 
Any news on Casino. If given then moon. I think SLPP will give all needed support for local corporates. Any news.

Won't be surprised if a 'gaming zone' is established with strict restrictions on the periphery of beira lake.

samaritan wrote:

Kipling wrote:Captain 
Any news on Casino. If given then moon. I think SLPP will give all needed support for local corporates. Any news.

Won't be surprised if a 'gaming zone' is established with strict restrictions on the periphery of beira lake.

Government came in to power from majority sinhalese buddhist votes backed by Maha Sangha. I highly doubt whether they will get such proposals to the parliament let alone approve them. Those who remember kerry packer saga knows that. JKH is a good company which is having a lean run at the moment due to Covid like many other great companies, this too will bounce back. It doesn't require Casinos for that.

Just my 2 cents!!!

I also agree with you

dayandacool wrote:

samaritan wrote:

Kipling wrote:Captain 
Any news on Casino. If given then moon. I think SLPP will give all needed support for local corporates. Any news.

Won't be surprised if a 'gaming zone' is established with strict restrictions on the periphery of beira lake.

Government came in to power from majority sinhalese buddhist votes backed by Maha Sangha. I highly doubt whether they will get such proposals to the parliament let alone approve them. Those who remember kerry packer saga knows that. JKH is a good company which is having a lean run at the moment due to Covid like many other great companies, this too will bounce back. It doesn't require Casinos for that.

Just my 2 cents!!!

What you say is true. But there is quite a number of Chinese & Thai Spas & Wellness centres that are actively in operation in the City & suburbs. I am confused!

Firstly there are 4 Casino already in operation. 2 each owned by DP & R Wijerathne. 
So it make sense to consolidate & have 2-3 with international operators such as Genting ,LV Sands, Crown etc. Singapore style gaming act can regulate. So it is making existing better.

samaritan wrote:

dayandacool wrote:

samaritan wrote:

Kipling wrote:Captain 
Any news on Casino. If given then moon. I think SLPP will give all needed support for local corporates. Any news.

Won't be surprised if a 'gaming zone' is established with strict restrictions on the periphery of beira lake.

Government came in to power from majority sinhalese buddhist votes backed by Maha Sangha. I highly doubt whether they will get such proposals to the parliament let alone approve them. Those who remember kerry packer saga knows that. JKH is a good company which is having a lean run at the moment due to Covid like many other great companies, this too will bounce back. It doesn't require Casinos for that.

Just my 2 cents!!!

What you say is true. But there is quite a number of Chinese & Thai Spas & Wellness centres that are actively in operation in the City & suburbs. I am confused!

It's politics. Negative publicity can ruin a Government. Argument was about Giving licence to new ones which can create the catalyst an opposition needs (at the moment they do not have anything significant to complain about). If the government is more concerned about their vote base and the clergy who promoted them, they won't add anything new to the cart.

Kipling wrote:Firstly there are 4 Casino already in operation. 2 each owned by DP & R Wijerathne. 
So it make sense to consolidate & have 2-3 with international operators such as Genting ,LV Sands, Crown etc. Singapore style gaming act can regulate. So it is making existing better.

Only time would tell. My feeling is that they won't take those steps at least for the first half of this regime. They tried once and failed. I don't think they will ever try it. Specially when people like Wimal, Gammanpilla, Gevindu, Sarath weerasekara and those who promote history and culture having played powerful roles in bringing the present Government in to power. It was Hela urumaya and the likes of champika who were then able to market the themes like nationalism and culture to bring MR to power back in 2005. MR changed the track and lost the support of those nationalistic movements and Rest as they say is history. MR being a shrewd politician, will not commit to the same mistakes again. It's not about whether regulating the casinos are good or bad, but it's all about Negative publicity which i do not think that the government would like to attract at least at this stage. SL being the beautiful island it is, no further promotion may be needed to attract tourism after covid if the safety and security prevails, Tourism will boom even without the casinos.

dayandacool wrote:

Kipling wrote:Firstly there are 4 Casino already in operation. 2 each owned by DP & R Wijerathne. 
So it make sense to consolidate & have 2-3 with international operators such as Genting ,LV Sands, Crown etc. Singapore style gaming act can regulate. So it is making existing better.

Only time would tell. My feeling is that they won't take those steps at least for the first half of this regime. They tried once and failed. I don't think they will ever try it. Specially when people like Wimal, Gammanpilla, Gevindu, Sarath weerasekara and those who promote history and culture having played powerful roles in bringing the present Government in to power. It was Hela urumaya and the likes of champika who were then able to market the themes like nationalism and culture to bring MR to power back in 2005. MR changed the track and lost the support of those nationalistic movements and Rest as they say is history. MR being a shrewd politician, will not commit to the same mistakes again. It's not about whether regulating the casinos are good or bad, but it's all about Negative publicity which i do not think that the government would like to attract at least at this stage. SL being the beautiful island it is, no further promotion may be needed to attract tourism after covid if the safety and security prevails, Tourism will boom even without the casinos.

100% agree Casinos are not favourable for current political stability

Already 4 here. What do we do? There will be no floor shows when international players operate.

Kipling wrote:Already 4 here. What do we do? There will be no floor shows when international players operate.

Next election and being in power is far more important than any international player. A lesson RW never learnt!!!

DC. I agree. But my point is that we already have 4 casinos. One day I was going outstation on customer visit & cab driver became friends. He showed me a video shot in a local casino. Russian girls, floor shows, “escorts” etc etc. A friend from Singapore said these unheard of Singapore as international operators do not permit. They can also bring in the numbers. I personally find Casino repulsive & have never been inside to date. So Genting (Jkh partner) better than local unregulated ones.
Other option close all.

Kipling wrote:DC. I agree. But my point is that we already have 4 casinos. One day I was going outstation on customer visit & cab driver became friends. He showed me a video shot in a local casino. Russian girls, floor shows, “escorts” etc etc. A friend from Singapore said these unheard of Singapore as international operators do not permit. They can also bring in the numbers. I personally find Casino repulsive & have never been inside to date. So Genting (Jkh partner) better than local unregulated ones.
Other option close all.

I agree. but even the previous occasion they tried the same thing with kerry packer. No locals were to be allowed. it was to be regulated. But even the mere hearing of casinos provokes general population. It could well be the theme that a beaten opposition need to kick start their campaign or should i say the first salvo of the war against MR and his bunch of culture destroying casino loving gamblers!!! It sounds really catchy isn't it??

I agree. We all know the hypocrisy of Yamapalanaya. Just recall Ravi Mahendran & the master. So yes they will use it completely neglecting the unregulated 4 casinos in which other immorality rampant. Just for the record the mistake on the Packer saga was the absence of a transparent regulation act. Harsha DS (better than the other SJB finance fraud) called for it. Then the Family did not feel the need for such & lost in 2015.

should touch 150 very soon

May be next week,

below news also good for jkh.
May be for all torism sector too

https://economynext.com/sri-lanka-central-bank-extends-debt-moratorium-for-tourism-till-march-2021-73436/

If you see the financials out of Rs 2.1 Bn loss, main losses from tourism sector 70- 80 percent

Will come down to 90s level... .

Dharshi wrote:Will come down to 90s level... .

ela

geesura wrote:

Dharshi wrote:Will come down to 90s level... .

ela

So, what do you mean...? I don't think JKH will come to 90s level...

DanceOfBoons wrote:

geesura wrote:

Dharshi wrote:Will come down to 90s level... .

ela

So, what do you mean...? I don't think JKH will come to 90s level...

no it was a joke darshi is also in the same boat of MAHARAJa