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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Overseas Realty sold large number of apartments

Overseas Realty sold large number of apartments

4 posters

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salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics
OSEA has sold lost of apartments this quarter
Look at the drop in fair value gains
So, does this mean that Colombo property has started slowing down

http://www.cse.lk/cmt/upload_report_file/628_1368616099.pdf

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
Looking at the prices some of the apartments are sold at ( no land value even), they are far too expensive.

Some 30-50 million!

Looking at land values, can't say colombo land prices are reasonable either



Last edited by slstock on Wed May 15, 2013 6:29 pm; edited 1 time in total

udeni

udeni
Manager - Equity Analytics
Manager - Equity Analytics
I am thinking of OSEA for one year return due to foreign participation. It's only my opinion.

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Osea will go up after payment of dividends as in case of UML

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