Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum 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
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post
Market Place

Add an ad

View all ads

Latest topics

» Browns investments
by Winner123 Today at 10:44 am

by samaritan Today at 7:03 am

» CFVF.N0000 - Deal at What price?
by Winner123 Yesterday at 8:35 pm

» Profitability of all the banks slides down on bigger margins
by hammurabi Yesterday at 8:25 pm

» Why AAIC Should trade above RS.50/-
by wisdom79 Yesterday at 8:17 pm

» Gotabaya Rajapaksha will named after 10th August. Aspi will move above 6500
by deli Yesterday at 7:43 pm

» කව්ද පකීර් ?(who is the Veteran)
by reyaz Yesterday at 7:32 pm

» Positive News
by samaritan Yesterday at 7:27 pm

» lOFC definitely will hit 6/-
by wealth123 Yesterday at 7:06 pm

» News AEL super report in this quarter Don't sell ..
by sheildskye Yesterday at 6:59 pm

» JKH will touch 175 very soon
by Teller Yesterday at 11:12 am

by Trader321 Yesterday at 10:20 am

» ASHO will hit moon. Deal with SLTB
by Bakka1988 Yesterday at 9:38 am

» LOLC Holding( LOLC N.0000)
by stockback Thu Aug 15, 2019 10:31 pm

» CFVF.N0000 :Amazing Result- Quarter Profit more than Half Billion
by Winner123 Thu Aug 15, 2019 12:43 pm

» GLASS (piramal glass ceylon plc) from
by Teller Thu Aug 15, 2019 11:02 am

» Kzoo vs onal
by wisdom79 Wed Aug 14, 2019 9:45 pm

» GREG is back
by wisdom79 Wed Aug 14, 2019 9:42 pm

» AAIC - Profit over one billion!!!!!
by wisdom79 Wed Aug 14, 2019 9:39 pm

» Sri Lankan Billionaire Dhammika Perera may Spend Rs. 10 Billion for a Presidential Campaign without any Risk! His Daily Casino Profits said to be over Rs. 50 Million
by Teller Wed Aug 14, 2019 8:40 am

» CFVF : Another dividend ?
by Promoney Tue Aug 13, 2019 7:28 pm

» CFVF.N0000 & PARQ.N0000 - These two counters Must be in your Portfolios
by Trader321 Tue Aug 13, 2019 6:39 pm

» PARQ.N0000 : Target Price Rs. 50 /=
by Hewagak Tue Aug 13, 2019 5:01 pm

» TAP Less than 1% Shares in the Market
by sanjulanka Tue Aug 13, 2019 12:10 pm

by Winner123 Tue Aug 13, 2019 12:09 pm

» what is the future of KHL (JOHN KEELES HOTELS)
by bhanu Mon Aug 12, 2019 9:03 pm

» TKYO.X0000 will it move furthur?
by bhanu Mon Aug 12, 2019 5:00 pm

» stock market investors and cheated those who approached them.
by Asoka Samarakone Mon Aug 12, 2019 10:14 am

» LLMP can run in present market
by wealth123 Mon Aug 12, 2019 10:03 am

» Where Is Equity Champ
by Teller Mon Aug 12, 2019 8:52 am

» Pending AEL crossing @ Rs.20 deal near soon..
by EPS Sun Aug 11, 2019 8:26 pm

by King of vice Sun Aug 11, 2019 7:38 am

» Let's Pump And Dump BUT...
by King of vice Sun Aug 11, 2019 7:26 am

» Be careful CTBL share
by MarketWch Sat Aug 10, 2019 7:59 pm

» ඔරියන්ට් ෆ්යිනැන්ස් -විකිනීම ස්තිරයි - අද ද අයිලන්ඩ් පුවත් පත බලන්න 2020 වෙනකම් පුලුවන් නම් තියා ගන්න - අදහා ගන්න බැරි ආදායමක් ලබන්න
by sanjulanka Sat Aug 10, 2019 6:38 pm

» BFN BFN BFN ගොන් කම අත ඇරල ටික කාලයක් අල්ලන් හිටියනම් ඔක්කොමලා ගොඩ BFN BFN BUY AND HOLD -
by sanjulanka Sat Aug 10, 2019 7:11 am

» Next run DOCK?
by Eng Krishantha Fri Aug 09, 2019 2:41 pm

by Ahcha Fri Aug 09, 2019 2:13 pm

» Your thoughts about GREG.N and SPEN.N
by shihan 93 Fri Aug 09, 2019 10:31 am

» East West result is to be published
by samansilva Thu Aug 08, 2019 9:22 pm

» Union Bank website wins gold at dotCOMM awards 2019
by MarketWch Thu Aug 08, 2019 4:53 pm

» Prepare now, and get rich later.
by Asoka Samarakone Thu Aug 08, 2019 4:28 pm

» Hayles Result is out
by Capton KIng Cool Thu Aug 08, 2019 4:07 pm

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » Hotel Services Ceylon- SERV

Hotel Services Ceylon- SERV

Go down  Message [Page 1 of 1]

1Hotel Services Ceylon- SERV Empty Hotel Services Ceylon- SERV on Fri Sep 09, 2011 11:47 am

Hawk Eye

Hawk Eye
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Hotel Services is the Holding Company of the oldest 5 star hotel in Sri Lankan capital Colombo. Ceylon Continental is located in 4 acres free hold land, having 250 rooms.

Hayleys purchased 89.76mn shares taking 51% controlling interest and undertook extensive refurbishment. Hotel Services (Ceylon) PLC signed the agreement with the BOI to carry out the refurbishment project under the BOI. The project is an initial investment of US $ 1 million that will be increased to US $ 6 million. The refurbishment of the Ceylon Continental Hotel was undertaken by reputed Architect Firms MICD Associates and DDN Design (Pvt.) Ltd. The Hotel Refurbishment commenced in December 2010, and this entails a complete redesign and upgrade of the rooms, main and reception lobbies, restaurants and other public areas of the hotel. This significant renovation programme is scheduled for full completion by mid-2012. Once renovations are completed, the hotel’s improved product and facilities would help the Company to regain its position at being the forefront of the Colombo city hotels as a preeminent luxury.

Hayleys management was keen to venture aggressively in the Leisure sector making it one of the main sector with properties under their own control and management whilst exiting from its minority stakes. As a result they disposed Vil Uyana-Sigiriya, Sea Shells –Negombo, light House-Galle

Hayleys now have the following hotels under the group. Hotel Services,Hunas Falls, Jetwing Hotels, Negombo Beach, Tropivcal Villas and Eastern Hotels.
After KDDPs involvement in Hayleys lot of changes going on. Recent acquisition of Amaya Leisure PLC by Hayleys on September 1st 2011, which marked as a significant milestone in the development of the conglomerate’s Leisure and Aviation business sector as stated in its site. By this strategic move KDDP is planning to bring all Leisure under one umbrella. SERV will take advantage of the positive synergies as it marketing and Admin expenses have shot up considerably in June Qtr results.
On the other hand all hotels under Amaya is almost 80% -100% owned, KDDP and will try to do the same with the Hotels under Hayleys to have better control. Therefore can expect SERV to be active in future.
All depends on what KDDP have back in his mind. We can see lot of interesting moves by him. Lot of factors looks positive for SERV and some big bids on the board.
Your views pls

2Hotel Services Ceylon- SERV Empty Re: Hotel Services Ceylon- SERV on Thu Oct 13, 2011 11:55 am

Hawk Eye

Hawk Eye
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Look at the trades today.Any idea whos buying these huge quantities?

Back to top  Message [Page 1 of 1]

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