FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» EXPO.N - Expo Lanka Holdings De-Listing
by glad Today at 9:27 am

» Sri Lanka: Stock Market Fraudsters with Criminal Prosecutions
by D.G.Dayaratne Yesterday at 7:28 am

» hSenid Business Solutions(HBS)
by K.R Fri May 17, 2024 9:08 am

» CBSL Pension Fund vs EPF
by God Father Thu May 16, 2024 9:13 am

» Nations Trust Bank: Consistent growth
by ErangaDS Wed May 15, 2024 8:46 am

» SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000)
by soileconomy Wed May 15, 2024 4:01 am

» Falsified accounts and financial misrepresentation at Arpico Insurance PLC (AINS)
by DeepFreakingValue Tue May 14, 2024 12:20 am

» Potential Super Gain with HSIG
by Investment 1st Mon May 13, 2024 12:20 am

» ජනාධිපතිවරණය - 2024
by ChooBoy Sat May 11, 2024 11:20 pm

» The IMF's Monumental Malpractices and future of Sri Lanka
by ChooBoy Sat May 11, 2024 11:18 pm

» Sri Lanka: Policy Challenge Addressing Poverty Vulnerability as the Economy Recovers
by ResearchMan Fri May 10, 2024 12:20 pm

» SINS - the Tailwind effects of a crisis hit Economy
by Equity Win Thu May 09, 2024 7:37 pm

» TAFL is the most undervalued & highly potential counter in the Poultry Sector
by atdeane Thu May 09, 2024 7:09 pm

» Sri Lanka: Country Information Report
by God Father Thu May 09, 2024 5:22 pm

» Sri Lanka polls could risk economic recovery
by God Father Thu May 09, 2024 5:12 pm

» AGSTAR PLC (AGST.N0000)
by ResearchMan Thu May 09, 2024 12:21 pm

» Browns becomes world’s biggest tea exporter in deal with LIPTON
by sureshot Wed May 08, 2024 9:51 pm

» Colombo Stock Market: Over Valued against USD!
by ResearchMan Wed May 08, 2024 12:49 pm

» COCR IN TROUBLE?
by D.G.Dayaratne Mon May 06, 2024 9:31 am

» Maharaja advise - April 2024
by celtic tiger Tue Apr 30, 2024 12:01 am

» Srilanka's Access Engineering PLC think and Win
by Dasun Maduwantha Mon Apr 29, 2024 11:40 pm

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by ErangaDS Fri Apr 26, 2024 10:24 am

» UNION ASSURANCE PLC (UAL.N0000)
by ErangaDS Fri Apr 26, 2024 10:22 am

» ‘Port City Colombo makes progress in attracting key investments’
by samaritan Thu Apr 25, 2024 9:26 am

» Mahaweli Reach Hotels (MRH.N)
by SL-INVESTOR Wed Apr 24, 2024 11:25 pm

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube


You are not connected. Please login or register

Beware: Hunas Holdings PLC one of the most overvalued stock

Go down  Message [Page 1 of 1]

God Father

avatar
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Beware: Hunas Holdings PLC one of the most overvalued stock Scree206

Hunas Holdings PLC (HUNA.N0000) is one of the most overvalued stocks in the Colombo Stock Market. Beware and study the latest financial statements and valuation of the company before investing.
- Net Asset Value per share (NAVPS) is LKR 5.33 and Market Price (MP) was LKR 30/= per share.
- Total Assets of the group is around LKR 7.2bn whilst the market capitlization exceeds LK 25bn.
- Trading at around 6X times of the Book Value (BV).
- Loss per share is LKR 0.19 and total losses for quarter ended Sep 2022 exceeds LKR 113mn.
-Japanese Investor Y. WATANABE and Gain Focus Ltd become shareholders.
- Highly inflated due to massive 150:1 subdivision of shares and subsequent price manipulation.
- Trading suspended by CSE due to non submission of Annual Accounts


About the company
Hunas Holdings PLC owns and operates Hunas Falls Hotel at Elkaduwa, which is targeted at the up-market leisure traveler. The Company’s Hunas Falls Hotel consists of approximately 28 deluxe rooms, cardamom suite and approximately two theme suites. Company was recently renamed as Hunas Holdings PLC and currently engages in the ownership and operation of hotels.

Latest Published Accounts
Beware: Hunas Holdings PLC one of the most overvalued stock Scree207
Beware: Hunas Holdings PLC one of the most overvalued stock Scree208

https://cdn.cse.lk/cmt/upload_report_file/546_1669023227213.pdf

Trading Suspension

Beware: Hunas Holdings PLC one of the most overvalued stock Scree209

Sub division of shares
Beware: Hunas Holdings PLC one of the most overvalued stock Scree216

Beware: Hunas Holdings PLC one of the most overvalued stock Scree219

Related party transactions
Directors sell shares of the company prior to the suspension notice was issued on 30th August being well aware that company will not comply with the notice to submit annual accounts which will lead to its ultimate suspension in 8th December 2022.

Beware: Hunas Holdings PLC one of the most overvalued stock Scree217
Beware: Hunas Holdings PLC one of the most overvalued stock Scree218

Recent Major share transactions
Purchase of HUNAS HOLDINGS shares by Y. Watanabe and Gain Focus Limited at pre subdivision price of LKR 40 despite the massive sub division of in April 2022 which resulted in a major dilution of share value. Shares were sold by the majority shareholder Serenity Lake Leisure (pvt) Limited.

Purchase by Y Watanabe

Beware: Hunas Holdings PLC one of the most overvalued stock Scree210

Beware: Hunas Holdings PLC one of the most overvalued stock Scree211

Purchase by Gain Focus Limited (Foreign Buyer)
Beware: Hunas Holdings PLC one of the most overvalued stock Scree213
Beware: Hunas Holdings PLC one of the most overvalued stock Scree214

Unusual Trading Activity
Beware: Hunas Holdings PLC one of the most overvalued stock Scree212

Major Shareholders
Top Shareholder as at 30th September 2022. This list does not indicate the shares recently purchased by Gain Focus Ltd on the 30th September and 17th November 2022.

Beware: Hunas Holdings PLC one of the most overvalued stock Scree215
Attachments
Beware: Hunas Holdings PLC one of the most overvalued stock AttachmentHUNAS HOLDINGS PLC.pdf
December 2022
You don't have permission to download attachments.
(745 Kb) Downloaded 1 times

Share this post on: reddit

No Comment.

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum