HPWR capital gain 531 million, Sold out subsidiarie company of Heladhanavi at 531 million

Gainer wrote:HPWR sold subsidiarie company of Heladhanavi (Thermal Power company) at LKR 531 Million to Lakdhanavi.

From this sale per share 4.50 capital gain this should be go for share holders .

Other share holders highly expecting mandatory offer price more than 22.00 (17.90 + 4.50 = 22.40)

HPWR Next Financial Report Highly expecting Earning per share 4.50+ and Net Asset Value Per Share 25.00 +

http://www.cse.lk/cmt/uploadAnnounceFiles/2571414493829_881.pdf

HPWR also owns 29.30% of PAP. it's going to Sell or takeover and mandatory offer for PAP

hariesha wrote:

Gainer wrote:HPWR sold subsidiarie company of Heladhanavi (Thermal Power company) at LKR 531 Million to Lakdhanavi.

From this sale per share 4.50 capital gain this should be go for share holders .

Other share holders highly expecting mandatory offer price more than 22.00 (17.90 + 4.50 = 22.40)

HPWR Next Financial Report Highly expecting Earning per share 4.50+ and Net Asset Value Per Share 25.00 +

http://www.cse.lk/cmt/uploadAnnounceFiles/2571414493829_881.pdf

HPWR also owns 29.30% of PAP. it's going to Sell or takeover and mandatory offer for PAP

How can this be a capital gain? Can you explain?
This sale is done at a loss.

Gainer wrote:HWPR if they will give Mandatory offer at 17.90 no one accept because they have capital gain from sale

of subsidiarie company Heladhanavi and they should give the Mandatory offer price more than 22.00 or

they have to pay Dividend atleast 4.00 before end of mandatory offer.

NDB Capital holding and ACL they should consider seriously about this matter.

We are highly expecting Dividend or Mandatory offer price more than 22.00

Teller wrote:This is not a capital gain my friend, study first before advise others. Sold amount how can we consider as a capital gain.

man123 wrote:

Teller wrote:This is not a capital gain my friend, study first before advise others. Sold amount how can we consider as a capital gain.

Hemas power (HPWR) Hold 50%  Heladhanavi company shaes, now hemas power (HPWR) already sold their subsidiary company Heladhanavi company (Thermal Power company)  to Lakdhanavi for  LKR 531 Million rupees ..in October.
then how to called this profit / amount ???

Check this Link
http://www.cse.lk/cmt/uploadAnnounceFiles/2571414493829_881.pdf

you guys  misunderstand hemas holding sold HPWR to NDB capital holding  and ACL  thats why they offer mandatory now. this is totally different

Teller wrote:This is not a capital gain my friend, study first before advise others. Sold amount how can we consider as a capital gain.

MoneyTree wrote:

Teller wrote:This is not a capital gain my friend, study first before advise others. Sold amount how can we consider as a capital gain.

This is not a capital Gain.... consider below link and you can study it...


http://www.hemas.com/power-thermalplant-readmore

ChinM wrote:Please consider the following
1. The market sentiments are not strong enough for small investors to rally along with the new major investors
2. The consortium who has invested will definitely have plans to turnaround this company in medium to long term
3. HPWR demanded more investment for new sources of power which HHL could not afford thus the decision for divestment
4. The sale of Heladhanavi for Rs.531Mn would have generated a loss as the carrying value of investment of the project as at 30/09/14 was Rs.683Mn. Thus a possible capital gain to payout a dividend is not possible.
5. Even if they make a capital gain, the new investors would prefer to re-invest rather than paying out as dividends.
6. A better EPS for the current quarter is expected as there will be an adjustment for increase in avoided-cost-tariff related to previous quarter. (I do not understand what it is but as stated in their last quarterly report)

So I would advice not to expect any dividends soon and not to expect a higher mandatory offer. You can not expect ST trading profits on this tock. But considering the profiles of the new investors (NDB Cap & ACL), you can expect a turn around in MT.

AAABoy wrote:

ChinM wrote:Please consider the following
1. The market sentiments are not strong enough for small investors to rally along with the new major investors
2. The consortium who has invested will definitely have plans to turnaround this company in medium to long term
3. HPWR demanded more investment for new sources of power which HHL could not afford thus the decision for divestment
4. The sale of Heladhanavi for Rs.531Mn would have generated a loss as the carrying value of investment of the project as at 30/09/14 was Rs.683Mn. Thus a possible capital gain to payout a dividend is not possible.
5. Even if they make a capital gain, the new investors would prefer to re-invest rather than paying out as dividends.
6. A better EPS for the current quarter is expected as there will be an adjustment for increase in avoided-cost-tariff related to previous quarter. (I do not understand what it is but as stated in their last quarterly report)

So I would advice not to expect any dividends soon and not to expect a higher mandatory offer. You can not expect ST trading profits on this tock. But considering the profiles of the new investors (NDB Cap & ACL), you can expect a turn around in MT.

Good Post. Thought of putting a reply after seen all comments by others. But when I saw your reply all I wanted to say was in your message. Thank You !!

Also I'm still wondering who is this Trydan Partners. Do you have any idea?

gayanfonseka wrote:HPWR wede wenne neddooo
My Avg Cost 18.60
What will Happen this Share ???  
Wait or Sell...
Plz give me da advice...

stockback wrote:

gayanfonseka wrote:HPWR wede wenne neddooo
My Avg Cost 18.60
What will Happen this Share ???  
Wait or Sell...
Plz give me da advice...

531M not a gain.
there is 200M lost afer selling that company. I think this should be go down further.
I think its posible to collect 15-16 level also.