The latest reports show a NAV above 47/-
Is there anything hidden or does it worth 4times the market price or am I mistaken somewhere?
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hunter wrote:These days CSD trades around 11/-.
The latest reports show a NAV above 47/-
Is there anything hidden or does it worth 4times the market price or am I mistaken somewhere?
Chinwi, please continue your findings. I never missed to read your comments. You are one of the most experienced member in this forum.Chinwi wrote:
I have almost stopped putting this kind of findings in these forums. For last few months, chart readers outshined fundamentals in the forums - no worries. At CSE, manipulators and rally mongers dominated chasing away real investors .
Chinwi wrote:I have to agree with Mr. csd.profit. Congrat. for your first post.
About 2 weeks ago I went through the CSD report.
After the fully superscribed rights issue , their debt and interest costs are to go down and they are reaching 100% occupancy levels.
They have assets in Colombo (including Seylan Tower) revalued in 2009, before the current boom.
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.
Note: I bought some last week because i felt it is a good share to collect . It may also help us to recover loss incurred from others.
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I have almost stopped putting this kind of findings in these forums. For last few months, chart readers outshined fundamentals in the forums - no worries. At CSE, manipulators and rally mongers dominated chasing away real investors .
Useless shares outperformed good shares selected by us. People went after highly overpriced IPOs dumping value gems to garbage. Most of the people want quick money, they do not mind what they buy and sell.
Apart from CSD, I am getting sparks in my mind about CFVF and CSEC due to some reason. Last year I met Mr. Dinesh Shafter and he described his vision for using billions they had during the year ahead. Now I know he was correct and the money has grown. I wish to meet him again.
I may publish info in brief, later.
Last edited by cse.profit on Sun Sep 11, 2011 12:45 am; edited 2 times in total
cse.profit wrote:Thank you damayanthi. I am really happy to see that the female participation have increased significantly. those days it was a pure male dominant arena. now in fact the creator of this forum , quibit is also a woman. really happy about it damayanthi. all the best .
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