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
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 » WASKADUWA BEACH RESORT PLC (CITW.N0000)

WASKADUWA BEACH RESORT PLC (CITW.N0000)

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

Go down  Message [Page 3 of 6]

41WASKADUWA BEACH RESORT PLC (CITW.N0000) - Page 3 Empty Re: WASKADUWA BEACH RESORT PLC (CITW.N0000) on Tue Sep 02, 2014 3:51 pm

Invest_Wisely


Manager - Equity Analytics
Manager - Equity Analytics
Today 8.50. Will definitely break 10......

42WASKADUWA BEACH RESORT PLC (CITW.N0000) - Page 3 Empty Re: WASKADUWA BEACH RESORT PLC (CITW.N0000) on Tue Sep 02, 2014 4:08 pm

troy


Moderator
Moderator
this will trigger a move on in Reef also. (Reef holds 59.31%) from this quarter on wards we might see operational profits... good times ahead for Reef family.

wonder any one knows about CITK progress...

43WASKADUWA BEACH RESORT PLC (CITW.N0000) - Page 3 Empty Re: WASKADUWA BEACH RESORT PLC (CITW.N0000) on Tue Sep 02, 2014 4:18 pm

Aubrey Perera


Vice President - Equity Analytics
Vice President - Equity Analytics
Yes even I'm waiting for CITk to join the run !

44WASKADUWA BEACH RESORT PLC (CITW.N0000) - Page 3 Empty Re: WASKADUWA BEACH RESORT PLC (CITW.N0000) on Tue Sep 02, 2014 4:22 pm

Invest-Wise


Manager - Equity Analytics
Manager - Equity Analytics
CITW definitely a very good buy. The hotel just started functioning in June. I have visited the hotel also a few times. Its the largest one in that area and definitely will do full well in the season starting November. So I think 6-9 months the return will be great. This has not appreciated much either.

CITK will be the next one. IPO was at 17.50. NAV again at 10/- Colombo land holds a big chunk of CITW so generally the patter is that it moves with CLND in the past and also with the REEF group. The herd mentality movement!!

Both undervalued shares.

Happy trading....

45WASKADUWA BEACH RESORT PLC (CITW.N0000) - Page 3 Empty Re: WASKADUWA BEACH RESORT PLC (CITW.N0000) on Tue Sep 02, 2014 6:53 pm

Roboticfx


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
But its financials look strange. Someone had alsready pointed out that in the forum.

They do not have a income of cent from operational activities and other income is consisted only with dividends.

It's gearing ratio is 0.8 which means its total external liabilities exceeds the sum of equity. But not bad.

Cannot expect a dividend for more than 5 years.

46WASKADUWA BEACH RESORT PLC (CITW.N0000) - Page 3 Empty Re: WASKADUWA BEACH RESORT PLC (CITW.N0000) on Wed Sep 03, 2014 12:09 am

SM2014

SM2014
Manager - Equity Analytics
Manager - Equity Analytics
I think even if some one enters CITW at 8.5 it is ok (if you invest). There are gud reasons to do that. My target price for CITW in next May is above 12.50. There is no any gud reason to invest in CITK but if it is only for trading that depends on the the bull run of REEF.

Please note that i have invested in CITW in April at 6.5-6.8 range.

47WASKADUWA BEACH RESORT PLC (CITW.N0000) - Page 3 Empty Re: WASKADUWA BEACH RESORT PLC (CITW.N0000) on Wed Sep 03, 2014 1:08 am

rangananwr

rangananwr
Manager - Equity Analytics
Manager - Equity Analytics
I also having CITK little past stock avarage 7r.s

48WASKADUWA BEACH RESORT PLC (CITW.N0000) - Page 3 Empty Re: WASKADUWA BEACH RESORT PLC (CITW.N0000) on Thu Sep 04, 2014 1:17 am

cse_investor1


Equity Analytic
Equity Analytic
@ Invest_Wisely...Great insight and prediction....

49WASKADUWA BEACH RESORT PLC (CITW.N0000) - Page 3 Empty Re: WASKADUWA BEACH RESORT PLC (CITW.N0000) on Thu Sep 04, 2014 8:58 am

Sarabulathwita

Sarabulathwita
Vice President - Equity Analytics
Vice President - Equity Analytics

Be careful anyway. Dannawane ithin

50WASKADUWA BEACH RESORT PLC (CITW.N0000) - Page 3 Empty Re: WASKADUWA BEACH RESORT PLC (CITW.N0000) on Thu Sep 04, 2014 2:38 pm

monash

monash
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
My target reached closed at Rs.9.10 .. Very Happy Very Happy

Next>>> CITK cheers

REEF.N last 15 mins Rs 20 resistance vanished.. Laughing

Hopefully we can see old REEF heroics that we used to from tomorrow onwards.. Very Happy Very Happy

51WASKADUWA BEACH RESORT PLC (CITW.N0000) - Page 3 Empty Re: WASKADUWA BEACH RESORT PLC (CITW.N0000) on Thu Sep 04, 2014 4:25 pm

Invest-Wise

Invest-Wise
Manager - Equity Analytics
Manager - Equity Analytics
Monash I sincerely hope so.....i am long waiting for this....

I think CITW will run to 10 and settle for a bit. My worry is CITK!!!

52WASKADUWA BEACH RESORT PLC (CITW.N0000) - Page 3 Empty Re: WASKADUWA BEACH RESORT PLC (CITW.N0000) on Thu Sep 04, 2014 5:02 pm

Aubrey Perera


Vice President - Equity Analytics
Vice President - Equity Analytics
Investwise don't worry CITK too would go with the wind my target is 8

53WASKADUWA BEACH RESORT PLC (CITW.N0000) - Page 3 Empty Re: WASKADUWA BEACH RESORT PLC (CITW.N0000) on Thu Sep 04, 2014 5:19 pm

sapumal


Vice President - Equity Analytics
Vice President - Equity Analytics
CITK can't start any hotel projects.They can give thousand reasons, but there is only one reason. They don't have any cash to build a hotel. Most of the money is stucked in CLND.
They have 2.1bn assets. 400Mn land.
They have bought shares more than 1.2bn. DJ first bough CLND at 20. Then after 2 weeks he sold his stake @43 to the CITK. So investment in the CLND has huge loss.
Also CITK has loss 330,239,887 before start doing anything.
Normally we can expect a interest income when we have lot of money. But they have spend 330Mn for nothing I guess.
The last option to raise the price is give some right issue with warrants. At least some share holders can exit with little sorrow.

54WASKADUWA BEACH RESORT PLC (CITW.N0000) - Page 3 Empty Re: WASKADUWA BEACH RESORT PLC (CITW.N0000) on Thu Sep 04, 2014 5:26 pm

monash

monash
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Invest-Wise wrote:Monash I sincerely hope so.....i am long waiting for this....

I think CITW will run to 10 and settle for a bit. My worry is CITK!!!

Don't worry about CITK .. I feel its trading at bottom by looking at the quantities traded between 5.80-6.10 past two weeks, hard to beleive it will go down again. CITK will be adjusted and will get close to CITW.

If we compare IPO price CITK is Rs.17.50 which is 4 rupees higher than CITW.

But CITW's NAVPS is 10.25 CiTK's NAVPS is close to Rs.9 . I think both CITK and CITW will be adjusted close to their NAVPS.

If REEF start to run tommorow these two will fly with momentum.. Very Happy

55WASKADUWA BEACH RESORT PLC (CITW.N0000) - Page 3 Empty Re: WASKADUWA BEACH RESORT PLC (CITW.N0000) on Thu Sep 04, 2014 5:44 pm

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
According to last quarter accounts  WASKADUWA is still a "HUCHAKKUWA"

I do not know what will happen next quarter



Last edited by D.G.Dayaratne on Thu Sep 04, 2014 5:48 pm; edited 3 times in total (Reason for editing : typing error)

56WASKADUWA BEACH RESORT PLC (CITW.N0000) - Page 3 Empty Re: WASKADUWA BEACH RESORT PLC (CITW.N0000) on Thu Sep 04, 2014 5:56 pm

Roboticfx

Roboticfx
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@D.G.Dayaratne wrote:According to last quarter accounts  WASKADUWA is still a "HUCHAKKUWA"

I do not know what will happen next quarter

mmm...wachanaye parisamaptha arthayenma eya sathyayaki. methuwak kal sathayak ho upaya nomathi companie ekak gana pena kiyana eka ithama apahasu kaaryayaki. Very Happy

57WASKADUWA BEACH RESORT PLC (CITW.N0000) - Page 3 Empty Re: WASKADUWA BEACH RESORT PLC (CITW.N0000) on Thu Sep 04, 2014 6:03 pm

monash

monash
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Roboticfx wrote:
@D.G.Dayaratne wrote:According to last quarter accounts  WASKADUWA is still a "HUCHAKKUWA"

I do not know what will happen next quarter

mmm...wachanaye parisamaptha arthayenma eya sathyayaki. methuwak kal sathayak ho upaya nomathi companie ekak gana pena kiyana eka ithama apahasu kaaryayaki. Very Happy

REEF group shares are simply not for fundamental value investors. It is for traders...

Thats all i can say.. Very Happy

58WASKADUWA BEACH RESORT PLC (CITW.N0000) - Page 3 Empty Re: WASKADUWA BEACH RESORT PLC (CITW.N0000) on Thu Sep 04, 2014 10:36 pm

cse_investor1


Equity Analytic
Equity Analytic
Once again a big thank you to Invest_Wisely

I bought @ 7.10 now its 9.10 Very Happy .

I saw another post where u had mentioned HAPU as well....

59WASKADUWA BEACH RESORT PLC (CITW.N0000) - Page 3 Empty Re: WASKADUWA BEACH RESORT PLC (CITW.N0000) on Fri Sep 05, 2014 1:24 pm

Aubrey Perera


Vice President - Equity Analytics
Vice President - Equity Analytics
all citk does is move from 5.60 to 6.10 range for the last so many months. waiting for this to move up.

60WASKADUWA BEACH RESORT PLC (CITW.N0000) - Page 3 Empty Re: WASKADUWA BEACH RESORT PLC (CITW.N0000) on Fri Sep 05, 2014 4:14 pm

Invest-Wise

Invest-Wise
Manager - Equity Analytics
Manager - Equity Analytics
@monash wrote:
@Invest-Wise wrote:Monash I sincerely hope so.....i am long waiting for this....

I think CITW will run to 10 and settle for a bit. My worry is CITK!!!

Don't worry about CITK ..  I feel its trading at bottom by looking at the quantities traded between 5.80-6.10 past two weeks, hard to believe it will go down again. CITK will be adjusted and will get close to CITW.

If we compare IPO price CITK is Rs.17.50 which is 4 rupees higher than CITW.

But CITW's NAVPS is 10.25 CiTK's NAVPS is close to Rs.9 . I think both CITK and CITW will be adjusted close to their NAVPS.

If REEF start to run tommorow these two will fly with momentum.. Very Happy

Well the only hope for CITK is that it gets adjusted with the market trend. I simply cant understand where this selling is coming at 5.90-6 levels. So much shares. Over 93% held by the top 20. But last few months so many million shares were traded at 5.50-6 levels. Even today 10 cents down and 850,000 odd traded! Seriously this baffles me. They should start he construction of the hotel soon I hope. Wain and see I guess!!!

61WASKADUWA BEACH RESORT PLC (CITW.N0000) - Page 3 Empty Re: WASKADUWA BEACH RESORT PLC (CITW.N0000) on Fri Sep 05, 2014 5:55 pm

sapumal


Vice President - Equity Analytics
Vice President - Equity Analytics
@Invest-Wise wrote:
@monash wrote:
@Invest-Wise wrote:Monash I sincerely hope so.....i am long waiting for this....

I think CITW will run to 10 and settle for a bit. My worry is CITK!!!

Don't worry about CITK ..  I feel its trading at bottom by looking at the quantities traded between 5.80-6.10 past two weeks, hard to believe it will go down again. CITK will be adjusted and will get close to CITW.

If we compare IPO price CITK is Rs.17.50 which is 4 rupees higher than CITW.

But CITW's NAVPS is 10.25 CiTK's NAVPS is close to Rs.9 . I think both CITK and CITW will be adjusted close to their NAVPS.

If REEF start to run tommorow these two will fly with momentum.. Very Happy

Well the only hope for CITK is that it gets adjusted with the market trend. I simply cant understand where this selling is coming at 5.90-6 levels. So much shares. Over 93% held by the top 20. But last few months  so many million shares were traded at 5.50-6 levels. Even today 10 cents down and 850,000 odd traded! Seriously this baffles me. They should start he construction of the hotel soon I hope. Wain and see I guess!!!

First they have to find the money. Then they can think about constructing the hotel.
Only way they can survive is right issue with warrants. But it is 100% impossible due to the financial situation of the top share holders.

62WASKADUWA BEACH RESORT PLC (CITW.N0000) - Page 3 Empty Re: WASKADUWA BEACH RESORT PLC (CITW.N0000) on Fri Sep 05, 2014 6:01 pm

Market R

Market R
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
This is the 3rd highest gainer in this week. Around 22% up

63WASKADUWA BEACH RESORT PLC (CITW.N0000) - Page 3 Empty Re: WASKADUWA BEACH RESORT PLC (CITW.N0000) on Fri Sep 05, 2014 6:59 pm

Aubrey Perera


Vice President - Equity Analytics
Vice President - Equity Analytics
Yes i think the top 20 keep selling to release their financial burden maybe or to get in to other stocks that are booming. only way is for owners to rope in a strategic investor or divest their control to someone else who has the money to do something.

64WASKADUWA BEACH RESORT PLC (CITW.N0000) - Page 3 Empty Re: WASKADUWA BEACH RESORT PLC (CITW.N0000) on Fri Sep 05, 2014 7:12 pm

monash

monash
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Invest-Wise wrote:
@monash wrote:
@Invest-Wise wrote:Monash I sincerely hope so.....i am long waiting for this....

I think CITW will run to 10 and settle for a bit. My worry is CITK!!!

Don't worry about CITK ..  I feel its trading at bottom by looking at the quantities traded between 5.80-6.10 past two weeks, hard to believe it will go down again. CITK will be adjusted and will get close to CITW.

If we compare IPO price CITK is Rs.17.50 which is 4 rupees higher than CITW.

But CITW's NAVPS is 10.25 CiTK's NAVPS is close to Rs.9 . I think both CITK and CITW will be adjusted close to their NAVPS.

If REEF start to run tommorow these two will fly with momentum.. Very Happy

Well the only hope for CITK is that it gets adjusted with the market trend. I simply cant understand where this selling is coming at 5.90-6 levels. So much shares. Over 93% held by the top 20. But last few months  so many million shares were traded at 5.50-6 levels. Even today 10 cents down and 850,000 odd traded! Seriously this baffles me. They should start he construction of the hotel soon I hope. Wain and see I guess!!!

You are correct.. within last 2 weeks over 3 million CITK shares traded between Rs.5.80 to 6.10. This baffles me too.. its kind of strange thing especially For a trendy share like REEF. I assume some insider deal happening these days in CITK. Maybe someone eyeing controlling stake.. as according to rumours these days, maybe its VONE.  scratch  

Otherwise by looking at the quantities traded CITK should end up at least Rs.7. Lets wait and see on next week. When this deal is over it will move.

65WASKADUWA BEACH RESORT PLC (CITW.N0000) - Page 3 Empty Re: WASKADUWA BEACH RESORT PLC (CITW.N0000) on Fri Sep 05, 2014 7:23 pm

monash

monash
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
By the way i sold my CITW today at Rs.9.20-9.30 with 25% profit.. Very Happy congrats to all bought below Rs.7.50   cheers

Sponsored content


Back to top  Message [Page 3 of 6]

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

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