CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000)

kam2011 · 26 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Mon Jun 27, 2011 10:12 pm

kam2011

Senior Manager - Equity Analytics

Posts : 554
Join date : 2011-03-24

Thanka All. Interesting discussion. Rooms of Rnuka hotel(RENU) were closed for business for around 3 to 4 months during the last financial year , Otherwise EPS could have been little more.However from dec 2010 all rooms are ready for business after refurbishment. (This information are given in dec. Q accounts ) Therefore we can expect better result in the current Q.

ALLI paid highest dividend this year among all finance companies. ALLIi is also engaged in stock market business and every year they have earned significant profit from that business.

Antonym · 27 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Fri Aug 19, 2011 12:24 pm

Antonym

Vice President - Equity Analytics

Posts : 1090
Join date : 2011-02-09

CABO has declared a dividend of Rs 4 per share (subject to Shareholder approval at the AGM). This is a significant improvement from last year's Rs 2.25.
AGM Date: 23-09-2011.
XD Date: 26-09-2011.
Payment Date: 29-09-2011.
The dividend announcement has been uploaded on the CSE website.

StocksWatch · 28 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Sat Aug 20, 2011 2:28 am

StocksWatch

Assistant Vice President - Equity Analytics

Posts : 720
Join date : 2011-02-12

Antonym wrote:CABO has declared a dividend of Rs 4 per share (subject to Shareholder approval at the AGM). This is a significant improvement from last year's Rs 2.25.
AGM Date: 23-09-2011.
XD Date: 26-09-2011.
Payment Date: 29-09-2011.
The dividend announcement has been uploaded on the CSE website.

Thanks Antonym for updating this thread with CABO's latest announcement.

Also I noticed a significant increase in CABO's volume last week. Could it be due to information about this dividend being leaked?

Antonym · 29 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Sat Aug 20, 2011 3:04 am

Antonym

Vice President - Equity Analytics

Posts : 1090
Join date : 2011-02-09

StocksWatch wrote:

Antonym wrote:CABO has declared a dividend of Rs 4 per share (subject to Shareholder approval at the AGM). This is a significant improvement from last year's Rs 2.25.
AGM Date: 23-09-2011.
XD Date: 26-09-2011.
Payment Date: 29-09-2011.
The dividend announcement has been uploaded on the CSE website.

Thanks Antonym for updating this thread with CABO's latest announcement.

Also I noticed a significant increase in CABO's volume last week. Could it be due to information about this dividend being leaked?

Hi, StocksWatch.
I don't know about any information leak.
But if I had some extra funds right now, CABO would be on my shopping list. Not just for the dividend, but for their understated investment portfolio... It would be great if you could update this thread when the CABO Annual Report is released (expected shortly).

lkmihiruk · 30 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Mon Aug 29, 2011 10:29 pm

lkmihiruk

Equity Analytic

Posts : 26
Join date : 2011-08-14

thanks everybody

Antonym · 31 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Wed Aug 31, 2011 9:36 am

Antonym

Vice President - Equity Analytics

Posts : 1090
Equity Stars : 7437
Reputation : 275
Join date : 2011-02-09

StocksWatch wrote:
Company’s Investment:
...The share prices of most of the companies held in CABO’s portfolio had appreciated as of 31st March 2011 and therefore we can expect an increased market value for these investments in the forthcoming annual report for 2010/2011. Let’s try to calculate this figure...

...Therefore we can reasonably expect a market value of CABO’s investment at Rs. 1143 (1123+20) where 20 million is other investments which are not valued at market price...

@StocksWatch: I must commend you on your excellent estimation! The market value of CABO's investments on 31-03-2011 was Rs 1,119 million.

As per my rough calculation, Net Assets per share was approx Rs 162 on 31-03-2011. Can you please confirm this and draw our attention to any new points in their Annual Report?

http://www.cse.lk/cmt/upload_report_file/615_1314702698412.%20Annual%20Report%202011.pdf

gamester · 32 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Wed Aug 31, 2011 10:47 pm

gamester

Equity Analytic

Posts : 30
Equity Stars : 4872
Reputation : 0
Join date : 2011-02-08

අයියෝ මේ CABO ගැන කතා කරලා වැඩක් නැ , මේක මලාට වැඩි වෙන්නේ නැ,

This is not a buy/sell/hold recommendation. This is my personal view.
Do your homework & take your own investment decisions.

Gainer · 33 CABO went up 120.00 Thu May 23, 2013 12:32 pm

Gainer

Associate Director - Equity Analytics

Posts : 3451
Equity Stars : 10935
Reputation : 264
Join date : 2011-03-13

CABO holding LLUB 2 million shares
COMB 1.5 million shares
DFCC 2 Million shares
NDB 0.15 million share
SPEN .73 million shares
RENU .45 million shares
SERV 1 million shares and etc.....
currently CABO more value.

Gaja · 34 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Thu May 23, 2013 12:36 pm

Gaja

Associate Director - Equity Analytics

Posts : 3127
Equity Stars : 9669
Reputation : 260
Join date : 2011-01-27
Age : 40
Location : Colombo

CABO & RENU hold huge PF in the market, only concern is the management attitude regarding Minority shareholders

Bond · 35 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Thu May 23, 2013 12:55 pm

Bond

Manager - Equity Analytics

Posts : 274
Equity Stars : 4332
Reputation : 12
Join date : 2013-05-02

Gaja wrote:CABO & RENU hold huge PF in the market, only concern is the management attitude regarding Minority shareholders

Then why not DFCC?
What would SLIC be worth? Wink

Slstock · 36 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Thu May 23, 2013 12:59 pm

Slstock

Director - Equity Analytics

Posts : 6610
Equity Stars : 13362
Reputation : 1158
Join date : 2011-01-22

You say this after CABO has run 60%. However LLUB would have given them a good revaluation (if they are still holding)

RENU is still at Rs 260-270.

Has

COMB 3.0 million
DFCC 6.9 Million
NDB 0.58 million
NTB 1.8 Million
SERV 2.2 million
RICH 2 million

NAV 320 without portfolio revaluation

Bond · 37 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Thu May 23, 2013 1:21 pm

Bond

Manager - Equity Analytics

Posts : 274
Equity Stars : 4332
Reputation : 12
Join date : 2013-05-02

slstock wrote:You say this after CABO has run 60%.

RENU is still at Rs 270.

COMB 3.0 million
DFCC 6.9 Million
NDB 0.5 million
NTB 1.8 Million
SERV 2.2 million
RICH 2 million

NAV 320 without portfolio revaluation

I did not say this is not worth. I know the Renuka Group including this one is value for money.

Just asking what is the value of DFCC? Surely such a large block would carry high premium. Just imagine what SLIC is worth with it's stakes.

Slstock · 38 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Thu May 23, 2013 1:39 pm

Slstock

Director - Equity Analytics

Posts : 6610
Equity Stars : 13362
Reputation : 1158
Join date : 2011-01-22

I was not referring to you Bond.

Only to Gainer when he quotes CABo portfolio after a 50- 60% run.

If I recall DFCC portfolio was valued at about Rs 40-50 per share ( when DFCC was Rs 110 or Rs 120). Now it has to be more with COMB also increasing.

Anyway since RENU has nearly 1 DFCC per 1 RENU this is value. DFCC ran 40% nearly and RENU only about 20%

There are several portoflio value mismatches by large margins in the market.

CIT/CFI
DIST has a good portfolio with core business ( but DIST is appreciating)
possibly LMF

Bond wrote:

slstock wrote:You say this after CABO has run 60%.

RENU is still at Rs 270.

COMB 3.0 million
DFCC 6.9 Million
NDB 0.5 million
NTB 1.8 Million
SERV 2.2 million
RICH 2 million

NAV 320 without portfolio revaluation

I did not say this is not worth. I know the Renuka Group including this one is value for money.

Just asking what is the value of DFCC? Surely such a large block would carry high premium. Just imagine what SLIC is worth with it's stakes.

Bond · 39 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Thu May 23, 2013 1:46 pm

Bond

Manager - Equity Analytics

Posts : 274
Equity Stars : 4332
Reputation : 12
Join date : 2013-05-02

slstock wrote:I was not referring to you Bond.

Only to Gainer when he quotes CABo portfolio after a 50- 60% run.

If I recall DFCC portfolio was valued at about Rs 40-50 per share ( when DFCC was Rs 110 or Rs 120). Now it has to be more with COMB also increasing.

Anyway since RENU has nearly 1 DFCC per 1 RENU this is value. DFCC ran 40% nearly and RENU only about 20%

There are several portoflio value mismatches by large margins in the market.

CIT/CFI
DIST has a good portfolio with core business ( but DIST is appreciating)
possibly LMF

Bond wrote:

slstock wrote:You say this after CABO has run 60%.

RENU is still at Rs 270.

COMB 3.0 million
DFCC 6.9 Million
NDB 0.5 million
NTB 1.8 Million
SERV 2.2 million
RICH 2 million

NAV 320 without portfolio revaluation

I did not say this is not worth. I know the Renuka Group including this one is value for money.

Just asking what is the value of DFCC? Surely such a large block would carry high premium. Just imagine what SLIC is worth with it's stakes.

LMF for sure. It is one of the controllers of the Harry J empire. Also it has a good business to back it. If Anchor milk powder imports are stopped ..... well Razz

Gainer · 40 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Thu May 23, 2013 1:49 pm

Gainer

Associate Director - Equity Analytics

Posts : 3451
Equity Stars : 10935
Reputation : 264
Join date : 2011-03-13

COBO holding LLUB 2 million shares

Current value 610 million rupees - Cost 81 million rupees =

529 million profits / number of shares 10,200,036 = 51.86 profits per share.

this profits only from LLUB , Other shares if calculate imagine....... cheers

Jana · 41 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Thu May 23, 2013 2:16 pm

Jana

Senior Vice President - Equity Analytics

Posts : 2640
Equity Stars : 10696
Reputation : 195
Join date : 2011-03-10

slstock wrote:You say this after CABO has run 60%. However LLUB would have given them a good revaluation (if they are still holding)

RENU is still at Rs 260-270.

Has

COMB 3.0 million
DFCC 6.9 Million
NDB 0.58 million
NTB 1.8 Million
SERV 2.2 million
RICH 2 million

NAV 320 without portfolio revaluation

RENU NAV 320 without portfolio revaluation trading @ 270/=...

So RENU go up

CABO Hold RENU as well

Then CABO ...!!!

SO CABO may go up...

Slstock · 42 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Thu May 23, 2013 2:20 pm

Slstock

Director - Equity Analytics

Posts : 6610
Equity Stars : 13362
Reputation : 1158
Join date : 2011-01-22

Yes but note
roughly 20 CABO shares holds 1 RENU

Jana wrote:

slstock wrote:You say this after CABO has run 60%. However LLUB would have given them a good revaluation (if they are still holding)

RENU is still at Rs 260-270.

Has

COMB 3.0 million
DFCC 6.9 Million
NDB 0.58 million
NTB 1.8 Million
SERV 2.2 million
RICH 2 million

NAV 320 without portfolio revaluation

RENU NAV 320 without portfolio revaluation trading @ 270/=...

So RENU go up

CABO Hold RENU as well

Then CABO ...!!!

SO CABO may go up...

anges · 43 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Thu May 23, 2013 4:56 pm

anges

Assistant Vice President - Equity Analytics

Posts : 749
Equity Stars : 5035
Reputation : 25
Join date : 2012-12-04

gud research gainer ! we need more of u in this forum ! hope cabo follw the same trend of llub & dist !

Antonym · 44 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Thu May 23, 2013 10:13 pm

Antonym

Vice President - Equity Analytics

Posts : 1090
Equity Stars : 7437
Reputation : 275
Join date : 2011-02-09

slstock wrote:You say this after CABO has run 60%. However LLUB would have given them a good revaluation (if they are still holding)

On 31st March 2013, CABO was still holding 2 million LLUB shares (Ref: LLUB financial statements), which they had bought at an average of Rs 40.86 each!
The unrealized capital gain on this is more than Rs 50 per CABO share.

Gainer · 45 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Thu May 23, 2013 11:39 pm

Gainer

Associate Director - Equity Analytics

Posts : 3451
Equity Stars : 10935
Reputation : 264
Join date : 2011-03-13

slstock wrote:You say this after CABO has run 60%. However LLUB would have given them a good revaluation (if they are still holding)

RENU is still at Rs 260-270.
Has
COMB 3.0 million
DFCC 6.9 Million
NDB 0.58 million
NTB 1.8 Million
SERV 2.2 million
RICH 2 million

NAV 320 without portfolio revaluation

RENU holding 1.4 million LLUB also huge profits up RENU it will go up 500+ and CABO 200+

The Alchemist · 46 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Fri May 24, 2013 12:20 pm

The Alchemist

Senior Manager - Equity Analytics

Posts : 590
Equity Stars : 5158
Reputation : 48
Join date : 2012-04-08

Antonym wrote:

slstock wrote:You say this after CABO has run 60%. However LLUB would have given them a good revaluation (if they are still holding)

On 31st March 2013, CABO was still holding 2 million LLUB shares (Ref: LLUB financial statements), which they had bought at an average of Rs 40.86 each!
The unrealized capital gain on this is more than Rs 50 per CABO share.

@ Antonym - Have you done a latest portfolio valuation for Cabo ? any idea how much their building in fort is worth ? They also have another share in property in Braybooke place as investment property and also bought some land adjacent to their Fort Building. wonder how much all this is worth ? i remember this is your share to outperform in 2013. already run up 50 % !

Antonym · 47 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Fri May 24, 2013 12:56 pm

Antonym

Vice President - Equity Analytics

Posts : 1090
Equity Stars : 7437
Reputation : 275
Join date : 2011-02-09

The Alchemist wrote:

Antonym wrote:

slstock wrote:You say this after CABO has run 60%. However LLUB would have given them a good revaluation (if they are still holding)

On 31st March 2013, CABO was still holding 2 million LLUB shares (Ref: LLUB financial statements), which they had bought at an average of Rs 40.86 each!
The unrealized capital gain on this is more than Rs 50 per CABO share.

@ Antonym - Have you done a latest portfolio valuation for Cabo ? any idea how much their building in fort is worth ? They also have another share in property in Braybooke place as investment property and also bought some land adjacent to their Fort Building. wonder how much all this is worth ? i remember this is your share to outperform in 2013. already run up 50 % !

@The Alchemist: I have not done a proper revaluation of CABO recently because the exact value doesn't matter, really. The financials next week and the Annual Report (in August) would possibly give us proper valuations of their assets.
In my view, the share is worth upwards of Rs 200; it was ridiculously cheap at Rs 80, and it is undervalued even now.
Disclaimer: Share prices are not determined by what I think they are worth. CABO might rise, CABO might fall. I don't know for certain. Very Happy

Takecharge · 48 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Fri May 24, 2013 3:22 pm

Takecharge

Manager - Equity Analytics

Posts : 221
Equity Stars : 4434
Reputation : 6
Join date : 2012-11-06

I am considering whether to buy MORI-X or CABO on Monday, any suggestions. which would move up faster in the short-term.

Gainer · 49 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Fri May 24, 2013 9:51 pm

Gainer

Associate Director - Equity Analytics

Posts : 3451
Equity Stars : 10935
Reputation : 264
Join date : 2011-03-13

CABO investment propertys more valuable current market price.

Property at No. 41
Janadhipathi Mawatha,
Colombo 1.

Property at No. 29
Braybrook Street,
Colombo 2.

Property at No. 35,
35, 1/1 & 37
Janadhipathi Mawatha,
Colombo 1

Gainer · 50 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Mon May 27, 2013 12:43 pm

Gainer

Associate Director - Equity Analytics

Posts : 3451
Equity Stars : 10935
Reputation : 264
Join date : 2011-03-13

CABO current market value more than 240.00

stocks hunter · 51 Oh My God - The CABO Investment Mon May 27, 2013 7:13 pm

stocks hunter

Manager - Equity Analytics

Posts : 221
Equity Stars : 4954
Reputation : 8
Join date : 2011-09-09

Did u all notice guys. Just see the CABO investment portfolio. They are having LLUB 2,000,000mn shares with them and the cost is just 81,725,490.

Value as at 31.03.2012 was Rs 363,800,000mn. This was at Rs 181.00 per LLUB share.

Now todays LLUB trading price is Rs 315.00 and the investment value should be Rs 630,000,000mn. That means LLUB is representing almost Rs54 value in CABO share.

Where will be the end of CABO then?????????

anges · 52 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Mon May 27, 2013 7:20 pm

anges

Assistant Vice President - Equity Analytics

Posts : 749
Equity Stars : 5035
Reputation : 25
Join date : 2012-12-04

i am sure it will follow path of dist and llub

sahan8896 · 53 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Mon May 27, 2013 7:32 pm

sahan8896

Assistant Vice President - Equity Analytics

Posts : 933
Equity Stars : 5754
Reputation : 53
Join date : 2011-08-27

anges wrote:i am sure it will follow path of dist and llub

DIST still warming. Very Happy

hello · 54 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Mon May 27, 2013 7:52 pm

hello

Moderator

Posts : 180
Equity Stars : 6136
Reputation : 50
Join date : 2011-03-23

I also Bought today 2000 CABO @ 129.90 Because of the LLUB going up and up.

LLUB went up to 324 today , I expect It may pass 350/= very soon then CABO also pas 150/=

Takecharge · 55 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Mon May 27, 2013 10:48 pm

Takecharge

Manager - Equity Analytics

Posts : 221
Equity Stars : 4434
Reputation : 6
Join date : 2012-11-06

Bought both, looking forward to gains, in the short term.

Sponsored content

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Latest topics

CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000)

26 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Mon Jun 27, 2011 10:12 pm

kam2011

27 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Fri Aug 19, 2011 12:24 pm

Antonym

28 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Sat Aug 20, 2011 2:28 am

StocksWatch

29 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Sat Aug 20, 2011 3:04 am

Antonym

30 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Mon Aug 29, 2011 10:29 pm

lkmihiruk

31 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Wed Aug 31, 2011 9:36 am

Antonym

32 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Wed Aug 31, 2011 10:47 pm

gamester

33 CABO went up 120.00 Thu May 23, 2013 12:32 pm

Gainer

34 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Thu May 23, 2013 12:36 pm

Gaja

35 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Thu May 23, 2013 12:55 pm

Bond

36 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Thu May 23, 2013 12:59 pm

Slstock

37 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Thu May 23, 2013 1:21 pm

Bond

38 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Thu May 23, 2013 1:39 pm

Slstock

39 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Thu May 23, 2013 1:46 pm

Bond

40 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Thu May 23, 2013 1:49 pm

Gainer

41 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Thu May 23, 2013 2:16 pm

Jana

42 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Thu May 23, 2013 2:20 pm

Slstock

43 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Thu May 23, 2013 4:56 pm

anges

44 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Thu May 23, 2013 10:13 pm

Antonym

45 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Thu May 23, 2013 11:39 pm

Gainer

46 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Fri May 24, 2013 12:20 pm

The Alchemist

47 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Fri May 24, 2013 12:56 pm

Antonym

48 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Fri May 24, 2013 3:22 pm

Takecharge

49 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Fri May 24, 2013 9:51 pm

Gainer

50 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Mon May 27, 2013 12:43 pm

Gainer

51 Oh My God - The CABO Investment Mon May 27, 2013 7:13 pm

stocks hunter

52 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Mon May 27, 2013 7:20 pm

anges

53 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Mon May 27, 2013 7:32 pm

sahan8896

54 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Mon May 27, 2013 7:52 pm

hello

55 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000) Mon May 27, 2013 10:48 pm

Takecharge

56 Re: CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000)

Sponsored content

New topics