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BRR - Now is fully operational after the refurbishment under the jetwing management. This is one of largest japanease investments in sri lankan hotel industry.
The hotel is 51% owned by a Mr.G.C.A.de silva a professional and another 39% by the japanease investment company Bansei securities.
This will be a very good investment for future of every body since only 500,000+ shares available in the mkt for trading purpose. All the other shares are among top 20 holders which has grown from 52,728,311 shares to 53,144,846 shares for the FY 2014.
The directors of the company are well known personalities in the country Mr.TILAK DE ZOYSA being the chairman of the company is in the director board of several leading companies in Sri lanka. He was the former chaiman of AMW company as well.
It is happy to see two gentlemen fron former HNB stock brokers are in the board as the directors of the company. Mr.Hasitha Premarathna former head of research of HNB stock brokers now is the CFO of Brandex company is a tower of strength for this mid size hotel company.
Personal touch of borad of directors, small staff under the management of jetwing expertise + Japanease investments will make this hotel a best place for invest your money for future. They will report improved profits in FY15 where they reported losses due to the closer of the hotel for more than 9 months in FY 14.
Back to profitability in FY 15 plus Low liquidity will create a vaccum for a big jump in the share price in BRR in near future.
Just go through their newly published annual report for FY 14. This will be a good company for future.
The hotel is 51% owned by a Mr.G.C.A.de silva a professional and another 39% by the japanease investment company Bansei securities.
This will be a very good investment for future of every body since only 500,000+ shares available in the mkt for trading purpose. All the other shares are among top 20 holders which has grown from 52,728,311 shares to 53,144,846 shares for the FY 2014.
The directors of the company are well known personalities in the country Mr.TILAK DE ZOYSA being the chairman of the company is in the director board of several leading companies in Sri lanka. He was the former chaiman of AMW company as well.
It is happy to see two gentlemen fron former HNB stock brokers are in the board as the directors of the company. Mr.Hasitha Premarathna former head of research of HNB stock brokers now is the CFO of Brandex company is a tower of strength for this mid size hotel company.
Personal touch of borad of directors, small staff under the management of jetwing expertise + Japanease investments will make this hotel a best place for invest your money for future. They will report improved profits in FY15 where they reported losses due to the closer of the hotel for more than 9 months in FY 14.
Back to profitability in FY 15 plus Low liquidity will create a vaccum for a big jump in the share price in BRR in near future.
Just go through their newly published annual report for FY 14. This will be a good company for future.
