BRR Bansei Royal Resorts Hikkaduwa Control by Dhammika Perera

Amaya Leisure relinquishes management of Bansei Royal Resorts Hikkaduwa in Sri Lanka

Bansei Royal Resorts Hikkaduwa PLC which had been managed by prominent Sri Lankan businessman Dhammika Perera has entered into an agreement with Jetwing Hotels Limited to operate its Hikkaduwa Resort from 01 December 2014.

Amaya Leisure would relinquish its management of Bansei Royal Resorts Hikkaduwa from 01 October 2014 while Jetwing Hotels Limited would take over from 01 December 2014.

http://www.adaderana.lk/bizenglish/jetwing-hotels-to-manage-bansei-royal-resorts-hikkaduwa-in-sri-lanka/

You are giving very old information earlier like ASCO

BRR went up last thursday that'swhy this information.
BRR major share holders holding 99% of shares.
Only 1% of shares holding by public and very illiquid stock.

BRR also move up like RFL both are illiquid stocks.
last year RFL traded below 12.00 now trading 35.00

BRR short term target price 20.00

DDP do some think better for BRR that'swhy moving up

no body notice that BRR .. it went up last thursday as well .. Some one grab all even @12.80 .. so we can expect it can go up 15/= next week

and BLI , SFL.P no doubt both inter related stock so both move up and up .

BRR today went up 14.00 then came down 13.00 and huge collection at 13.00

Tomorrow possible to break 16.00

Hotel sector moving now good for BRR

BRR today also traded 220,700 shares , some one show the selling presure and collecting at 13.00

this stock very illiquid only 1% or 2% in the market some party collecting total qty and push up

Yes I also watch some players very smart buying at 13 levels ,may be tomorrow will shoot up

This hotel was managed by Amaya. Last Dec 2014 Jetwing took the operations of the hotel and now doing well. Japanease security firm Bansei securities has invested in this hotel.

All the japanease investments in CSE performed well in the past except for few. Hence can expect an uptreand in the share price in near future together with the performances. RFL also sky rocketed after the inflow of Japanease expertise to the company.

Large collections going on. Watch out.......

Hikkaduwa’s new dawn – the launch of Bansei by Hotel J
Published : 12:31 am February 2, 2015

Having created another first in the hospitality industry of Sri Lanka in 2013 with the launch of Hotel J, Negombo, the country’s premier hospitality brand Jetwing, together with Bansei Securities (Japan), now continues the select service accommodation brand in Hikkaduwa as Bansei by Hotel J opens its doors.
At the opening Tourism and Sports Minister Navin Dissanayake was the Chief Guest whilst Japanese Ambassador Nobuhito Hobo was the Guest of Honour. Bansei Securities Chairman Toyohiko Murakami, Bansei Royal Resorts Chairman Tilak de Zoysa, Directors Takashi Igarashi, Viraj Malawana and Jetwing Hotels Chairman Hiran Cooray were also present.
Overlooking the tranquil turquoise waters of the Indian Ocean and the famous coral reefs of Hikkaduwa, Bansei by Hotel J is perfectly situated as it is within walking distance of the Hikkaduwa central bus station and the Southern railway line. The Southern Expressway cuts the distance to Hikkaduwa from the airport, the capital of Colombo or the deep south of the country.
The Galle Road is also another possible method of access, thus ensuring the property remains true to the key principles of a Hotel J – central location, comfort, cleanliness, connectivity and security.
Hikkaduwa is definitely the budget traveller’s dream destination. Funky ethnic jewellery and beach wear shops jostle side by side with popular Lonely Planet roti kadeys and seafood cuisine. Diving, surfing, kitesurfing and coral reef exploration are just a few ways you can while away your time if you are not planning on hitting the beach for a snooze and a swim. Hikkaduwa also has a reputation for hosting some great parties.
Bansei by Hotel J stands out for its unique service at competitive rates. With a total of 30 rooms, there are 14 standard Rooms, 14 deluxe and two super-deluxe rooms. Free Wi-Fi, powerful and versatile showers, superior linen and snug bedding all add to an enjoyable and restful stay within a safe and secure environment.
The terrace with its full length swimming pool is the perfect place at which to sip an iced tea and check out the sunset in its brilliant purple and pink hues. Relax in the sea breeze at the lobby bar with both local and foreign wines and beverages or try out the restaurant with its delicious cuisine.
“Sri Lanka is doing very well from a tourism standpoint and we are now on a level playing field where innovation and unique experiences will decide success. With Hotel J we wanted to bring forth the concept that a comfortable experience can also be an affordable one. Today we launch Bansei by Hotel J and we look forward to presenting Hikkaduwa in true Jetwing style,” said Jetwing Chairman Hiran Cooray.
Speaking about the concept Bansei Royal Resorts Hikkaduwa Plc Chairman Tilak de Zoysa said: “Bansei by Hotel J has been modeled on the Jetwing concept, a uniquely designed no-frills hotel which we are excited to launch in Sri Lanka with our Japanese partners.”
Bansei Royal Resorts Hikkaduwa PLC Deputy Chairman Mr. Murakami said: “We are extremely happy to be launching Bansei by Hotel J, a one-of-a-kind hotel coupling the Japanese spirit of service and hospitality with the famous warmth and cordiality of Sri Lanka. We are delighted to play a role in this project and envision a vibrant and dynamic future for the hotel.”
Family-owned and in the tourism industry for the past 41 years, Jetwing Hotels has surpassed expectation at every aspect. Building on their foundation of being passionate as well as the experience of true, traditional Sri Lankan hospitality, constantly pioneering discoveries capture the essence of the brand. Such a strong statement and direction have enabled Jetwing Hotels to imagine, create and manage marvels and masterpieces, where distinctive design and elegant comfort complement each other and the environment. Considered a priority, sustainable and responsible practice is implemented through the award-winning Jetwing Eternal Earth Program with energy efficiency, community upliftment and education of earth saving measures to schoolchildren being a few tenets of the program.
http://www.ft.lk/2015/02/02/hikkaduwas-new-dawn-the-launch-of-bansei-by-hotel-j/

Jetwing takes over management of Bansei Royal Resorts

Posted October 22, 2014 by srilankamiracle in Travel News. Leave a Comment
Jetwing Hotels Ltd will be entering Hikkaduwa and rebranding Bansei Royal Resorts Hikkaduwa PLC’s titular leisure property t o Bansei by Hotel J, after Bansei announced to the Colombo Stock Exchange that the management of the hotel will be passed to Jetwing, following a six-month refurbishment period to create a more distinctive look and feel.

“Jetwing has no presence in Hikkaduwa, so I’m glad that Bansei invited us,” Jetwing Group Chairman Hiran Cooray told Mirror Business.

He said t hat t he limited service concept introduced to the country by Jetwing will be implemented, whereby room rates will vary depending on the supply and demand. Amaya Leisure PLC was the previous managers of the property but a decline in the hotel’s performance may have prompted the Japanese investorsBansei Securities to decide in a change ofmanagement.

The Amaya Leisure PLC agreement was terminated with effect from October 1, which coincides with the end of the renovation period, and Jetwing Hotels Ltd will take up its new duties from December 1.

The 30-room property was listed on the Colombo Stock Exchange in March 2013, and posted a Rs.4.8 million profit after tax (PAT) for the financial year 2012/13, which went down to Rs.2.1 million for 2013/14.

“The revenue of (the) company has increased by 7 percent to Rs.83 million from Rs.76 million compared to the previous financial year. However, the profit after tax (PAT) has drastically dropped by 56 percent. The main reason for this drop in PAT is the increase in deferred tax due t o t he company’s transition from Sri Lanka Accounting Standards to Sri Lankan Financial Reporting Standards,” BanseiRoyal Resorts Hikkaduwa PLC Chairman Tilak de Zoysa said in his Chairman’s Review.

The company also made Rs.7.56 million loss for the first quarter ending in June 2014, mainly due to lack of sales during the renovation, which added a new open space pool bar.

The top echelon was not available for comment as most were promoting the hotel in Japan at a Tokyo Road Show.

Plans for expanding the hotel to an adjoining property and expansion to other leisure destinations in Sri Lanka were published last year, which were not mentioned in the annual report. However, Cooray said that Bansei has discussed its intentions to open a food court, which includes various cuisines, including Chinese and Japanese.

The main shareholder G.A.C. de Silva owns a 51 percent stake in Bansei Royal Resorts Hikkaduwa PLC, while Japan’s Bansei Securities Ltd owns a 39 percent share.
https://srilankatravelnews.Deleted.com/2014/10/22/jetwing-takes-over-management-of-bansei-royal-resorts/

First tourist resort of Maithri era opens
Published : 12:44 am February 2, 2015

Japanese firm establishes first footprint in Hikkaduwa with 30-room Bansei by Hotel J


Tourism and Sports Minister Navin Dissanayake along with Japanese Ambassador Nobuhito Hobo unveil the plaque to mark the opening of Bansei by Hotel J in Hikkaduwa on Friday – Pic by Upul Abayasekera. See more pix on Page 4

The first tourist resort of the Maithri-era was opened on Friday thanks to an important initiative by Japanese investor Bansei Securities in partnership with Jetwing.
The 30-room Bansei by Hotel J was ceremoniously opened by President Maithripala Sirisena-Prime Minister Ranil Wickremesinghe’s Government’s new Tourism and Sports Minister Navin Dissanayake along with Japanese Ambassador Nobuhito Hobo.
The hotel is latest venture of Bansei Royal Resorts Hikkaduwa Plc, a subsidiary of Bansei Securities Ltd., of Japan, which has investments in Sri Lanka’s financial services industry. The resort is managed by leisure industry giant Jetwing which also marks its entry into the tourist hub of Hikkaduwa.
Hotel J is Jetwing’s select service accommodation brand with the first one being opened in Negombo.
The property remains true to the key principles of a Hotel J – central location, comfort, cleanliness, connectivity, and security.
Bansei Securities Chairman Toyohiko Murakami, Bansei Royal Resorts Chairman Tilak de Zoysa, Directors Takashi Igarashi, Viraj Malawana and Jetwing Hotels Chairman Hiran Cooray were among officials present.
Minister Dissanayake in his brief remarks described the opening of Bansei by Hotel J as “historic” and welcomed the investment by Bansei. He also expressed bullishness over the future prospects of Sri Lankan tourism as well as further Japanese investments in to the sector and tourist arrivals from Japan.
He said Japan-Sri Lanka bilateral ties have been longstanding, solid and positive.
“Japanese private sector investments and official funding has been very beneficial to Sri Lanka and I can assure you that Japan-Sri Lanka ties will get better and stronger under the new Government,” said Dissanayake who is also the Secretary of Sri Lanka Japan Parliamentary Association.
He expressed hope that Bansei will further expand its footprint in Sri Lanka’s tourism sector. Minister Dissanayake also said that he will engage with tourism sector stakeholders effectively to boost the industry’s future prospects.
http://www.ft.lk/2015/02/02/first-tourist-resort-of-maithri-era-opens/

bandara 123 wrote:This hotel was managed by Amaya. Last Dec 2014 Jetwing took the operations of the hotel and now doing well. Japanease security firm Bansei securities has invested in this hotel.

All the japanease investments in CSE performed well in the past except for few. Hence can expect an uptreand in the share price in near future together with the performances. RFL also sky rocketed after the inflow of Japanease expertise to the company.

Large collections going on. Watch out.......

Yes
Japanease security firm Bansei securities has invested in this hotel and cse stocks more than 25 billion.

someone is having fun with BRR order book..

BRR last 3 days huge buying it will shoot up

Talk about fundamentals not rubbish

guruji wrote:Talk  about  fundamentals  not  rubbish

my Dear this also fundamentaly sound stock

Bansei by Hotel J opens in Hikkaduwa
Published : 12:02 am February 27, 2015

The first tourist resort of the Maithri-era Bansei by Hotel J was opened recently in Hikkaduwa by Japanese investor Bansei Securities in partnership with Jetwing. The 30-room Bansei by Hotel J was ceremoniously opened by the President Maithripala Sirisena-Prime Minister Ranil Wickremesinghe’s Government’s new Tourism and Sports Minister Navin Dissanayake along with Japanese Ambassador Nobuhito Hobo. Bansei Securities Chairman Toyohiko Murakami, Bansei Royal Resorts Chairman Tilak de Zoysa, Director Viraj Malawana, NWS Holdings Chairman Takashi Igarashi, and Jetwing Hotels Chairman Hiran Cooray were among officials present.

http://www.ft.lk/2015/02/27/bansei-by-hotel-j-opens-in-hikkaduwa/

BRR only 2 % shares in the market some one huge collecting and place sell order at 13.40 ,some think will happen and target price 20.00+

When consider with their latest financial statement as on 31.12.2014, BRR loss 0.45 cents which is a huge loss compare with last financial year 0.22 cents profit. It may be the reason which is closed due to repair in last year. But as per mentioned mr. Dhammika perera had 20% before but as per 31.12.2014 his holding is zero. So can you clarify on this as still forum members are misleading as Mr.perera has some holdings. If it reaches 20/-, KHl should reach to 40 /- to 50/- even KHC should reach 20 plus.

Gainer wrote:BRR only 2 % shares in the market some one huge collecting and place sell order at 13.40 ,some think will happen and target price 20.00+

Hi Gainer ...

Will this reach 20 ?

BRR financial report still not come they have this time huge profits it will go up

I believe the profit they are going to report in the Q4, will be not enough to give a dividend. (If they report a profit)
So it will be a temporary increase and not a real increase in the value of the stock.
In short a there will be a risky manipulation of stock price in the name of DP.
Gainer may gain......

This value is below 7/- only. But less liquidity guides it to manipulation.