EDEN HOTEL LANKA PLC (EDEN.N0000)

Sure eden wil hit 30 next week

Asia Securities | Top net foreign buys and sells
Top net foreign buys
- EDEN.N: LKR 12.7mn
- BIL.N: LKR 4.0mn
- LWL.N: LKR 3.5mn
- JAT.N: LKR 2.3mn
- TILE.N: LKR 1.7mn

Top net foreign sells
- EXPO.N: LKR 35.6mn
- CTC.N: LKR 19.6mn
- TKYO.X: LKR 12.0mn
- DIAL.N: LKR 2.9mn
- TJL.N: LKR 1.7mn

Total foreign purchases: LKR 81.0mn (USD 0.4mn)
Total foreign sales: LKR 132.3mn (USD 0.7mn)

EDEN: Barcelo Team arriving 20/9
1). Speculation that EDEN has negotiated several operational hotel properties, will acquire them in partnership with Barcelo
2). Speculation on Mt Lavinia Hotel too
3). Barcelo is very aggressive in their Asian regional rollout. LOLC relationship is key( through EDEN)
4).Barcelo considers Sri Lanka as their Asian HQ (owners like the country as well)
5). Bigger plan for Sri Lanka, planing for more hotel acquisitions/ management
6). Barcelo invests in upgrading properties ( around 30% investment) & manage them
7). Barcelo can fill up the hotels with their strong network
. Number of Rooms , very close to KHL & AHUN, but EDEN hotels will be the only chain to be managed by an international brand such as Barcelo making a big difference
9). EDEN’s flagship property in Maldives will be ready by end of 2022, when the global tourism resumes
10). With all future acquisitions, EDEN will be bigger than KHL & AHUN both in SL and Maldives.
11). All hotels are depressed , EDEN backed by LOLC has accessed to LT funding (ref LOLC AR for funding agencies) to new acquisitions
12). Time to buy good hotels, vaccination reached critical level of 50% today, will reach 70% by Oct/21


Eden is set out for breaking out tomorrow ..

Development at EDEN
EDEN to be considered as BIL’s hotel sector company
Barceló was in Colombo last week, along with senior team of EDEN ( LOLC)
Photos of touring in the Port City, indicate their commitments for joint developments including sizable investment within the Port City
EDEN could expand its portfolio significantly locally through new developments & purchases
*No other mature hotel group offer such exciting opportunities *
Barceló already manage EDEN’s 2 properties Eden, Beruwela & Paradise, Dambulla
Barceló team visited these 2 properties by a helicopter on 21/10
Likely Barceló wants more properties under their management, including the hotels owned by PALM
Barceló might form a asia focus hotel company as a JV with EDEN
Barceló is very big, managing over 60,000 rooms worldwide with largest resort of 3,600 rooms in Mexico, largest in Asia will be Maldives with 470 rooms in one location
Barceló need at least 2-3,000 room inventory in Sri Lanka & talking to many players to get management contracts
Big prospects for EDEN hotels with them taking over few more properties under EDEN ( like Calm Resorts in Passikuda …etc)
Hamas exited from Serandib hotels, but holding Kalutara & Anantara -Peace Heaven Tangalle, managed by Thailand’s Minor International
Minor’s group CEO is a Sri Lankan born, very interested in SL & is now on SHOT’s board
SHOT is owned by EDEN, also 19% by Minor
Minor is already managing SHOT’s Avani Bentota resorts
Minor is very keen on working with EDEN for more hotels they managed, including 3 hotels owned by HHL
EDEN will be similar to LOLC Asia Holdings in a few years time

Bakkabwoi wrote:Development at EDEN
EDEN to be considered as BIL’s hotel sector company
Barceló was in Colombo last week, along with senior team of EDEN ( LOLC)
Photos of touring in the Port City, indicate their commitments for joint developments including sizable investment within the Port City
EDEN could expand its portfolio significantly locally through new developments & purchases
*No other mature hotel group offer such exciting opportunities *
Barceló  already manage EDEN’s 2 properties Eden, Beruwela  & Paradise, Dambulla
Barceló team visited these 2 properties by a helicopter on 21/10
Likely Barceló wants more properties under their management, including the hotels owned by PALM
Barceló might form a asia focus hotel company as a JV with EDEN
Barceló is very big, managing over 60,000 rooms worldwide with largest resort of 3,600 rooms in Mexico, largest in Asia will be Maldives with 470 rooms in one location
Barceló need at least 2-3,000 room inventory in Sri Lanka & talking to many players to get management contracts
Big prospects for EDEN hotels with them taking over few more properties under EDEN ( like Calm Resorts in Passikuda …etc)
Hamas exited from Serandib hotels, but holding Kalutara & Anantara -Peace Heaven Tangalle, managed by Thailand’s Minor International
Minor’s group CEO is a Sri Lankan born, very interested in SL & is now on SHOT’s board
SHOT is owned by EDEN, also 19% by Minor
Minor is already managing SHOT’s Avani Bentota resorts
Minor is very keen on working with EDEN for more hotels they managed, including 3 hotels owned by HHL
EDEN will be similar to LOLC Asia Holdings in a few years time

BIL 

how come we are not talking about EDEN no more.. after this much work

Stockbull wrote:

Bakkabwoi wrote:Development at EDEN
EDEN to be considered as BIL’s hotel sector company
Barceló was in Colombo last week, along with senior team of EDEN ( LOLC)
Photos of touring in the Port City, indicate their commitments for joint developments including sizable investment within the Port City
EDEN could expand its portfolio significantly locally through new developments & purchases
*No other mature hotel group offer such exciting opportunities *
Barceló  already manage EDEN’s 2 properties Eden, Beruwela  & Paradise, Dambulla
Barceló team visited these 2 properties by a helicopter on 21/10
Likely Barceló wants more properties under their management, including the hotels owned by PALM
Barceló might form a asia focus hotel company as a JV with EDEN
Barceló is very big, managing over 60,000 rooms worldwide with largest resort of 3,600 rooms in Mexico, largest in Asia will be Maldives with 470 rooms in one location
Barceló need at least 2-3,000 room inventory in Sri Lanka & talking to many players to get management contracts
Big prospects for EDEN hotels with them taking over few more properties under EDEN ( like Calm Resorts in Passikuda …etc)
Hamas exited from Serandib hotels, but holding Kalutara & Anantara -Peace Heaven Tangalle, managed by Thailand’s Minor International
Minor’s group CEO is a Sri Lankan born, very interested in SL & is now on SHOT’s board
SHOT is owned by EDEN, also 19% by Minor
Minor is already managing SHOT’s Avani Bentota resorts
Minor is very keen on working with EDEN for more hotels they managed, including 3 hotels owned by HHL
EDEN will be similar to LOLC Asia Holdings in a few years time

BIL 

Eden and palm has big opportunities in future

Keep eye on EDEN today. Since the technical are very bullish and It would go rapid raise from here on wards and palm may follow the raise later.

yep ! watching!

What's happening with EDEN? No momentum whatsoever.

i would not say so