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
Contribute
Submit Post

Latest topics

» Promising Day Today!
by Invest-Wise Today at 2:34 pm

» No resources of the country will be sold to foreigners - PM
by KavinduTM Today at 2:33 pm

» Short Term Targets
by KavinduTM Today at 2:21 pm

» Why we should not deal with china???
by KavinduTM Today at 2:20 pm

» Shares to Buy
by fireshelter Today at 1:03 pm

» CAL expects earnings to grow 32% in 2020E implying the market will reach 7600 at the current level of PER
by Ekanayake90 Today at 10:39 am

» EAST WEST PROPERTIES PLC (EAST.N0000)
by Invest2018 Today at 8:03 am

» ලංකාවෙ මිනිස්සු හරි වෙනස්
by King of vice Today at 5:59 am

» මිනිසුන් විනාශ කරන finance company මාෆියාව
by King of vice Today at 5:25 am

» Sri Lanka presents USD16 billion opportunity for the private sector to invest in sustainable development, says Standard Chartered
by Teller Yesterday at 10:10 pm

» Govt. eyes $ 2.5 b in FDI, $ 13.5 b in exports for 2020
by Ekanayake90 Yesterday at 9:11 pm

» Hotel bookings Cancel due to fear
by Teller Yesterday at 12:11 pm

» Sri Lanka Tourism
by KavinduTM Yesterday at 8:38 am

» Where are we now?
by KavinduTM Yesterday at 8:23 am

» BAIRAHA FARMS PLC (BFL.N0000)
by Teller Yesterday at 1:25 am

» ද ෆිනෑන්ස් සමාගම යළි සක්‍රීය කරන්න පියවර ගන්නවා
by Teller Yesterday at 12:20 am

» Sri Lanka’s EPF bought shares with no approval, no analysis: forensic report
by KavinduTM Mon Jan 27, 2020 10:11 pm

» HNB FINANCE LIMITED (HNBF.D0000)
by Teller Mon Jan 27, 2020 10:04 pm

» Elliott Wave Principle and Detailed Analytics
by evanpattern Mon Jan 27, 2020 7:54 pm

» Sri Lanka Imports
by Quibit Mon Jan 27, 2020 4:44 pm

» කතන්දර තුනක්
by Beta1 Mon Jan 27, 2020 12:15 pm

» B P P L HOLDINGS PLC (BPPL.N0000)
by fireshelter Mon Jan 27, 2020 10:28 am

» PIRAMAL GLASS CEYLON PLC (GLAS.N0000)
by Thushara Ayya Mon Jan 27, 2020 8:34 am

POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC

Advertise

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » Expert Chamber » Touchwood Case Review

Touchwood Case Review

Go to page : Previous  1, 2, 3, 4, 5, 6 ... 12 ... 20  Next

Go down  Message [Page 5 of 20]

81Touchwood Case Review  - Page 5 Empty Re: Touchwood Case Review on Tue Jul 05, 2011 8:46 pm

Rajaraam


Vice President - Equity Analytics
Vice President - Equity Analytics
I tyried to copy some data with regard to today Touchwood share transaction. But not successful. Anyway today over 1.1 mn shares were traded up to 27.40 level. This indicates buying preasure and tommorow price would hit 30.00 I believe.

82Touchwood Case Review  - Page 5 Empty Re: Touchwood Case Review on Tue Jul 05, 2011 9:06 pm

smallville


Associate Director - Equity Analytics
Associate Director - Equity Analytics
I witnessed some buying pressure building up for last 4 days.. may be that pushed the price up..However with these talks of TWOD winning the case and stuff it can go pass 30.. regardless of the fact whether TWOD win it or not there are enuf parties to buy this above 30 even Wink
I must say technically its on the good side but this is not a buy recommendation..

83Touchwood Case Review  - Page 5 Empty Re: Touchwood Case Review on Tue Jul 05, 2011 11:27 pm

seyon


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@smallville wrote:I witnessed some buying pressure building up for last 4 days.. may be that pushed the price up..However with these talks of TWOD winning the case and stuff it can go pass 30.. regardless of the fact whether TWOD win it or not there are enuf parties to buy this above 30 even Wink
I must say technically its on the good side but this is not a buy recommendation..


Yes, absolutely u are right. buying pressure is slowly building up for the run. I am very much sure that before the court case the price will be shoot up with rumor that out come would be favorable, So , if we want, we can exit from reasonable profit in the first run ( before the court case) or other option to wait till outcome is released. I plan to be in both run ( in-case outcome is going to be favorable)

Pls update ur tech analysis of TWOD.

84Touchwood Case Review  - Page 5 Empty Re: Touchwood Case Review on Wed Jul 06, 2011 12:09 am

m2_yapa


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
i am planing to exit at 32 level on 7th may be.

85Touchwood Case Review  - Page 5 Empty Re: Touchwood Case Review on Wed Jul 06, 2011 12:15 am

Marketinvest


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
My target is set at 35 but if buying pressure falls will exit before that

86Touchwood Case Review  - Page 5 Empty Re: Touchwood Case Review on Wed Jul 06, 2011 12:19 am

Marketinvest

Marketinvest
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Is their any possibility the hearing to be postponed again and if so is their way we get to know it before hand

87Touchwood Case Review  - Page 5 Empty Re: Touchwood Case Review on Wed Jul 06, 2011 8:35 am

seyon


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@smallville wrote:I witnessed some buying pressure building up for last 4 days.. may be that pushed the price up..However with these talks of TWOD winning the case and stuff it can go pass 30.. regardless of the fact whether TWOD win it or not there are enuf parties to buy this above 30 even Wink
I must say technically its on the good side but this is not a buy recommendation..

Small

Can u upload the tech chart of TWOD with ur comments, this must be great useful for these days.

Thanks

88Touchwood Case Review  - Page 5 Empty Re: Touchwood Case Review on Wed Jul 06, 2011 12:24 pm

mono

mono
Vice President - Equity Analytics
Vice President - Equity Analytics
i expect this to be a cash cow, provided the win the court case. IF TWOD wins the case this will go to 70+

89Touchwood Case Review  - Page 5 Empty Re: Touchwood Case Review on Thu Jul 07, 2011 8:24 pm

lbnnirmal

lbnnirmal
Manager - Equity Analytics
Manager - Equity Analytics
@mono wrote:i expect this to be a cash cow, provided the win the court case. IF TWOD wins the case this will go to 70+
How could u tell like this ??? Wt r d evidence 2 tell like dat??

90Touchwood Case Review  - Page 5 Empty Re: Touchwood Case Review on Thu Jul 07, 2011 8:57 pm

mono

mono
Vice President - Equity Analytics
Vice President - Equity Analytics
@lbnnirmal wrote:
@mono wrote:i expect this to be a cash cow, provided the win the court case. IF TWOD wins the case this will go to 70+
How could u tell like this ??? Wt r d evidence 2 tell like dat??

EPS 7+, NAVPS 40+.

91Touchwood Case Review  - Page 5 Empty Re: Touchwood Case Review on Fri Jul 08, 2011 4:40 am

lbnnirmal

lbnnirmal
Manager - Equity Analytics
Manager - Equity Analytics
@mono wrote:
@lbnnirmal wrote:
@mono wrote:i expect this to be a cash cow, provided the win the court case. IF TWOD wins the case this will go to 70+
How could u tell like this ??? Wt r d evidence 2 tell like dat??

EPS 7+, NAVPS 40+.

Yea technically it should be but with the currant market condition will it happens in near future ???? Question

92Touchwood Case Review  - Page 5 Empty Re: Touchwood Case Review on Fri Jul 08, 2011 6:42 am

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@lbnnirmal wrote:
@mono wrote:
@lbnnirmal wrote:
@mono wrote:i expect this to be a cash cow, provided the win the court case. IF TWOD wins the case this will go to 70+
How could u tell like this ??? Wt r d evidence 2 tell like dat??

EPS 7+, NAVPS 40+.

Yea technically it should be but with the currant market condition will it happens in near future ???? Question

What mono says is possible if the court order is in favour of the TWOD.. As per the hear-says and the forum update we saw from Seyon of the BASL news letter, this is positive..TWOD can turned out to be a cash cow if so..

However one must realise allocating funds to grab TWOD at this point is riskier too as we depend on a court case and not the fundamentals.. Again this is like delaing with biological assets.. We expect Trees and lands to do the wonder here... So if some undesireable effect is seen on these trees, those can be proven a greater risk too..
On the other side current share price is half of the discount to the NAV as well..
Given the fact of risk, I'd say half of that NAV is fair for the counter ..
So if both NAV & sahre price are in same range, this is expected to go more passing its NAV price Wink

93Touchwood Case Review  - Page 5 Empty Re: Touchwood Case Review on Fri Jul 08, 2011 9:26 am

mono

mono
Vice President - Equity Analytics
Vice President - Equity Analytics
in any case we don't even know if the case will be decided on the 18th. It just a hearing.

94Touchwood Case Review  - Page 5 Empty Re: Touchwood Case Review on Fri Jul 08, 2011 9:43 am

duke


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
I think somebody pointed out this before. The assets / trees don't belong to the company, right? Buffer stock would be just a small insurance of sort.
It's like that NAMAL fund. The TWOD company is only the 'garden keeper' but the trees or the estates don't belong to the 'garden keeper'. The garden keeper only waters and maintains the garden and he gets a salary for that. He doesn't own the garden.
If there is a real profit then it goes to the customers of the TWOD not the shareholders. The shareholders only get the 'garden keeper's salary.

95Touchwood Case Review  - Page 5 Empty Re: Touchwood Case Review on Fri Jul 08, 2011 9:51 am

LoveMoney


Senior Equity Analytic
Senior Equity Analytic
@Duke, I don't think so, because you don't own the trees; you get your share of the plantation, and the future value has been already decided for the trees, whenever you want to get the profit of your investment with the TWOD as a customer, you can only get the promised value per tree, that value can be a percentage of the real value; lets say after 10, 15, 20 years from now on. So the rest of that tree's profit goes to the company, so TWOD is much more than "garden keeper". Correct me if I'm wrong

96Touchwood Case Review  - Page 5 Empty Re: Touchwood Case Review on Fri Jul 08, 2011 9:52 am

mono

mono
Vice President - Equity Analytics
Vice President - Equity Analytics
@duke wrote:I think somebody pointed out this before. The assets / trees don't belong to the company, right? Buffer stock would be just a small insurance of sort.
It's like that NAMAL fund. The TWOD company is only the 'garden keeper' but the trees or the estates don't belong to the 'garden keeper'. The garden keeper only waters and maintains the garden and he gets a salary for that. He doesn't own the garden.
If there is a real profit then it goes to the customers of the TWOD not the shareholders. The shareholders only get the 'garden keeper's salary.

no, my parents have a small plot from TWOD. All they got was shares.

97Touchwood Case Review  - Page 5 Empty Re: Touchwood Case Review on Fri Jul 08, 2011 9:54 am

LoveMoney


Senior Equity Analytic
Senior Equity Analytic
@mono, can you tell us how much did your parent pay for a tree and how much they are going to get for a tree? and how long they have to wait?

98Touchwood Case Review  - Page 5 Empty Re: Touchwood Case Review on Fri Jul 08, 2011 9:59 am

mono

mono
Vice President - Equity Analytics
Vice President - Equity Analytics
@LoveMoney wrote:@mono, can you tell us how much did your parent pay for a tree and how much they are going to get for a tree? and how long they have to wait?

I get back to you on that.

99Touchwood Case Review  - Page 5 Empty Re: Touchwood Case Review on Fri Jul 08, 2011 10:02 am

duke


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@mono wrote:
no, my parents have a small plot from TWOD. All they got was shares.

I'm a bit confused. That doesn't sound right. So if customers invested on trees, they were given company shares? That sounds like TFC converting fixed deposits to company shares recently?

100Touchwood Case Review  - Page 5 Empty Re: Touchwood Case Review on Fri Jul 08, 2011 10:05 am

LoveMoney


Senior Equity Analytic
Senior Equity Analytic
@Duke, no. I think the customers get a share of the profit according to the period of time the customer want to hold the investment, other than that customer doesn't own the trees or he can't go and cut it Very Happy. Customer only can visit the plot and nurture the trees, if he or she feels like.

101Touchwood Case Review  - Page 5 Empty Re: Touchwood Case Review on Fri Jul 08, 2011 10:08 am

mono

mono
Vice President - Equity Analytics
Vice President - Equity Analytics
@LoveMoney wrote:@Duke, no. I think the customers get a share of the profit according to the period of time the customer want to hold the investment, other than that customer doesn't own the trees or he can't go and cut it Very Happy. Customer only can visit the plot and nurture the trees, if he or she feels like.

They also guaranteed a return. I can't remember the details. My father was very suspicious about the whole thing so he invest only a small amount. I'll see if i can dig through our files to find out what the exact numbers are

102Touchwood Case Review  - Page 5 Empty Re: Touchwood Case Review on Fri Jul 08, 2011 10:09 am

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
In the case of TWOD, it was always a gem for the shareholders who bought it at correct times.
In early days shareholders earned lot of money by getting bonus shares; I think many times.
Tree owners who are the real source of yearly cash flow have to wait years to get a return.
( vanilla investors already get income)

If you take the value of a tree promised to the owners, they (the Directors) were smart enough to make it only a part of the future selling value.

Hence, IF the business become a success in the future , when those trees are matured enough to cut and sell to get the real inflow, the shareholders are to get more benefits.



103Touchwood Case Review  - Page 5 Empty Re: Touchwood Case Review on Fri Jul 08, 2011 10:12 am

mono

mono
Vice President - Equity Analytics
Vice President - Equity Analytics
@Chinwi wrote:In the case of TWOD, it was always a gem for the shareholders who bought it at correct times.
In early days shareholders earned lot of money by getting bonus shares; I think many times.
Tree owners who are the real source of yearly cash flow have to wait years to get a return.
( vanilla investors already get income)

If you take the value of a tree promised to the owners, they (the Directors) were smart enough to make it only a part of the future selling value.

Hence, IF the business become a success in the future , when those trees are matured enough to cut and sell to get the real inflow, the shareholders are to get more benefits.




Chinwi i think tree owners also got some shares on top of a guaranteed return after maturity. Not sure though. In anycase TWOD is getting way more than a simple management fee

104Touchwood Case Review  - Page 5 Empty Re: Touchwood Case Review on Fri Jul 08, 2011 9:04 pm

Marketinvest

Marketinvest
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Do we have any update on twod

105Touchwood Case Review  - Page 5 Empty Re: Touchwood Case Review on Fri Jul 08, 2011 9:37 pm

seyon


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Hi Small

Please Can u update ur tech charts and ur views. This would be the great helpful

Sponsored content


Back to top  Message [Page 5 of 20]

Go to page : Previous  1, 2, 3, 4, 5, 6 ... 12 ... 20  Next

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