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Re: CFT Revaluation the Property they are going to Sell at 1.88 Billion Rupees. Mon Jun 08, 2015 10:18 pm
Re: CFT Revaluation the Property they are going to Sell at 1.88 Billion Rupees. Mon Jun 08, 2015 10:34 pm
Re: CFT Revaluation the Property they are going to Sell at 1.88 Billion Rupees. Mon Jun 08, 2015 10:49 pm
Re: CFT Revaluation the Property they are going to Sell at 1.88 Billion Rupees. Tue Jun 09, 2015 8:18 am
Re: CFT Revaluation the Property they are going to Sell at 1.88 Billion Rupees. Wed Jun 10, 2015 12:18 pmbandara 123 wrote:They have obtain a term loan facility from SAMP to purchase the property.In the balance sheet that's why the borrowings have jumped from Rs80.0mn to Rs1.0bn as at 31/03/15. However by now they are in a massive profit over the said land which took less than one year period to get that return. Further going concern the company anyway has to sell the said property or some other properties(idling assets) to settle the loan facility since it will be a burden for the company. However since they are now on a propfit of close to Rs1.0bn from the said land, can describe that the directors took a bold decision to purchase the property on behalf of the company and all the shareholders are now going to benefit from it now.
Apart from that they have retained profits of Rs1.0bn in their books as well.
It is 100% sure another announcement is pending here sooner than later with regard to the CFT. That announcement will be a very positive one for the share holders.
Re: CFT Revaluation the Property they are going to Sell at 1.88 Billion Rupees. Wed Jun 10, 2015 1:16 pm
Re: CFT Revaluation the Property they are going to Sell at 1.88 Billion Rupees. Wed Jun 10, 2015 4:57 pm
Re: CFT Revaluation the Property they are going to Sell at 1.88 Billion Rupees. Wed Jun 10, 2015 7:26 pm
Re: CFT Revaluation the Property they are going to Sell at 1.88 Billion Rupees. Wed Jun 10, 2015 8:48 pm
Re: CFT Revaluation the Property they are going to Sell at 1.88 Billion Rupees. Thu Jun 11, 2015 12:24 am
Re: CFT Revaluation the Property they are going to Sell at 1.88 Billion Rupees. Thu Jun 11, 2015 2:16 am Re: CFT Revaluation the Property they are going to Sell at 1.88 Billion Rupees. Thu Jun 11, 2015 5:56 am
Inwhich basis are you telling June EPS 8.5Gainer wrote:CFT Ready to Sell the two Propertys more than 1.2 Billion
No.1 Property at 414/18, K.Cyril C. Perera Mawatha, Colombo-13 ( Rs 700+ million)
No 2: Property at 501, Unity Plaza, Colombo 04 ( Rs 500+ Million )
CFT June Quarter Report Earning per Share 8.50 Rupees.
CFT Company move to Relocate at No. 258, Vincent Perera Mawatha in Colombo 14 .
( This one Newly purchased the Land and property from unilever)
Re: CFT Revaluation the Property they are going to Sell at 1.88 Billion Rupees. Thu Jun 11, 2015 8:38 am
Re: CFT Revaluation the Property they are going to Sell at 1.88 Billion Rupees. Thu Jun 11, 2015 8:40 am
It will take timewisdom79 wrote:Try to be a king of the king, it will start its journey today!
REAching its place..........!
12 +...............
Re: CFT Revaluation the Property they are going to Sell at 1.88 Billion Rupees. Thu Jun 11, 2015 8:49 am Re: CFT Revaluation the Property they are going to Sell at 1.88 Billion Rupees. Thu Jun 11, 2015 10:06 am Re: CFT Revaluation the Property they are going to Sell at 1.88 Billion Rupees. Fri Jun 12, 2015 6:19 ambandara 123 wrote:They have obtain a term loan facility from SAMP to purchase the property.In the balance sheet that's why the borrowings have jumped from Rs80.0mn to Rs1.0bn as at 31/03/15. However by now they are in a massive profit over the said land which took less than one year period to get that return. Further going concern the company anyway has to sell the said property or some other properties(idling assets) to settle the loan facility since it will be a burden for the company. However since they are now on a propfit of close to Rs1.0bn from the said land, can describe that the directors took a bold decision to purchase the property on behalf of the company and all the shareholders are now going to benefit from it now.
Apart from that they have retained profits of Rs1.0bn in their books as well.
It is 100% sure another announcement is pending here sooner than later with regard to the CFT. That announcement will be a very positive one for the share holders.
Re: CFT Revaluation the Property they are going to Sell at 1.88 Billion Rupees. Fri Jun 12, 2015 10:18 am
Re: CFT Revaluation the Property they are going to Sell at 1.88 Billion Rupees. Sat Jun 13, 2015 12:49 am Message [Page 3 of 3]
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