HVA & CSD - Sleeping

Market.Player · 1 HVA & CSD - Sleeping Thu Jan 10, 2013 2:04 pm

Market.Player

Senior Manager - Equity Analytics

Posts : 374
Equity Stars : 5133
Reputation : 22
Join date : 2011-08-14
Age : 58
Location : Thailand

Any idea about HVA & CSD...?

Arena · 2 Re: HVA & CSD - Sleeping Thu Jan 10, 2013 3:13 pm

Arena

Assistant Vice President - Equity Analytics

Posts : 702
Equity Stars : 5072
Reputation : 44
Join date : 2012-07-31
Location : Colombo

Dont even dream to compare CSD and HVA.......
CSD is a great counter for all the investors. It is like buying a land from Colombo in front of the Galle road at a cheaper value.

Jiggysaurus · 3 Re: HVA & CSD - Sleeping Thu Jan 10, 2013 4:47 pm

Jiggysaurus

Assistant Vice President - Equity Analytics

Posts : 962
Equity Stars : 6358
Reputation : 68
Join date : 2012-06-14

Arena wrote:
CSD is a great counter for all the investors. It is like buying a land from Colombo in front of the Galle road at a cheaper value.

Yes but that land is never going to be sold since the main shareholders rent the property. So it's more like buying an apartment and renting it out. The investor is never going to get the benefit of the land appreciation so CSD should be valued on PE (EPS of 80 cents PE of 12 seems only slightly undervalued)

Arena · 4 Re: HVA & CSD - Sleeping Thu Jan 10, 2013 7:57 pm

Arena

Assistant Vice President - Equity Analytics

Posts : 702
Equity Stars : 5072
Reputation : 44
Join date : 2012-07-31
Location : Colombo

SCD is debt free..............
It is just a matter if time for Seylan to increase the rent. Land price goes up means rent will also goes up.
Land is not the case but the entire property. Even a bare land is valued at its net assets value. Not the PE. Specially for Property businesses. But better buy a huge quantity (5% ) other wise no point.

RIO · 5 Re: HVA & CSD - Sleeping Thu Jan 10, 2013 8:20 pm

RIO

Senior Manager - Equity Analytics

Posts : 452
Equity Stars : 5379
Reputation : 84
Join date : 2011-06-01

Arena wrote:SCD is debt free..............
It is just a matter if time for Seylan to increase the rent. Land price goes up means rent will also goes up.
Land is not the case but the entire property. Even a bare land is valued at its net assets value. Not the PE. Specially for Property businesses. But better buy a huge quantity (5% ) other wise no point.

You are wrong...Its Time to kick out Seylan from that building & transform the premisses into a Luxury Hotel, will give more returns than the rentals payed by the Seylan... Evil or Very Mad

Arena · 6 Re: HVA & CSD - Sleeping Thu Jan 10, 2013 9:10 pm

Arena

Assistant Vice President - Equity Analytics

Posts : 702
Equity Stars : 5072
Reputation : 44
Join date : 2012-07-31
Location : Colombo

ha ha u ar correct.

But u know it is very difficult to increase the rent even since Seylan is not consider about the minority share holders. Ur idea is great. At least the mkt Square feet price is enough.

anjelo · 7 Re: HVA & CSD - Sleeping Fri Jan 11, 2013 2:31 pm

anjelo

Senior Vice President - Equity Analytics

Posts : 1507
Equity Stars : 7618
Reputation : 38
Join date : 2012-03-02

HVA is a profit making company too. PLUS with its nature and history. if u buy at the right price. u can gain 15% minimum in a month or two.
what is the right price u ask?
the right price no body can guess. but all time low was 9 or something. but now its stable above 13.....

raptor · 8 Re: HVA & CSD - Sleeping Wed Jan 16, 2013 8:50 pm

raptor

Manager - Equity Analytics

Posts : 111
Equity Stars : 4634
Reputation : 3
Join date : 2012-01-17

I wouldn't touch HVA, its a dud company and is regularly manipulated by the directors and inside parties. If you want to buy in, get it below 13 or 14. Don't bother otherwise.