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CFLB.......COLOMBO FORT LAND PLC Vote_lcap68%CFLB.......COLOMBO FORT LAND PLC Vote_rcap 68% [ 178 ]
CFLB.......COLOMBO FORT LAND PLC Vote_lcap18%CFLB.......COLOMBO FORT LAND PLC Vote_rcap 18% [ 47 ]
CFLB.......COLOMBO FORT LAND PLC Vote_lcap13%CFLB.......COLOMBO FORT LAND PLC Vote_rcap 13% [ 35 ]

Total Votes : 260

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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » CFLB.......COLOMBO FORT LAND PLC

CFLB.......COLOMBO FORT LAND PLC

+3
skyfall
Chathur
sureshot
7 posters

Go down  Message [Page 1 of 1]

1CFLB.......COLOMBO FORT LAND PLC Empty CFLB.......COLOMBO FORT LAND PLC Mon Oct 04, 2021 10:04 pm

sureshot

sureshot
Vice President - Equity Analytics
Vice President - Equity Analytics

Watch CFLB ....
Neglected share. 

2CFLB.......COLOMBO FORT LAND PLC Empty Re: CFLB.......COLOMBO FORT LAND PLC Mon Oct 04, 2021 11:41 pm

Chathur


Manager - Equity Analytics
Manager - Equity Analytics

This will up soon..

3CFLB.......COLOMBO FORT LAND PLC Empty Re: CFLB.......COLOMBO FORT LAND PLC Tue Oct 05, 2021 12:37 pm

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

One of the most undervalued share in the market.  No one really knows how big this company is. Had a few bad years but now coming back strongly. LANKEM comes under CFLB as well.

RJ1010 likes this post

4CFLB.......COLOMBO FORT LAND PLC Empty Re: CFLB.......COLOMBO FORT LAND PLC Wed Oct 06, 2021 6:53 pm

Kipling


Expert
Expert

Ebcr has upped dividend from 0.18 (adjusted for subdivision) to 1.00. 456% hike. Seems SDR Arudpragasam determined to usher in a minority shareholder friendly, dynamic, high growth (see TO & PAT performance) & low debt future for the Group.


From Twitter - A response to Dr Miracle Stocks

RJ1010 likes this post

5CFLB.......COLOMBO FORT LAND PLC Empty Re: CFLB.......COLOMBO FORT LAND PLC Thu Oct 07, 2021 3:52 pm

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Too many companies come under CFLB. Lankem, EBCR some hotels .
CFLB is a massive company 

Rupee devaluation has a direct positive benefit to their profit margins in coming months.

6CFLB.......COLOMBO FORT LAND PLC Empty Re: CFLB.......COLOMBO FORT LAND PLC Thu Oct 07, 2021 5:16 pm

Kipling


Expert
Expert

Yes. Just checked. 
Many unlisted SBUs plus following listed companies. 
Cflb
Cwm Ebcr mull lite Lcey 
Cfl CIT Colo
Kota Ldev 
Sigv Mara Beru

RJ1010 likes this post

7CFLB.......COLOMBO FORT LAND PLC Empty Re: CFLB.......COLOMBO FORT LAND PLC Fri Oct 08, 2021 1:07 pm

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Hats off to @cseguide

[size=33]Why i am saying CFLB is a hidden gem[/size]
[size=33]·         [/size][size=33]40 billion turnover company[/size]
[size=33]·         [/size][size=33]They have about 40 subsidiaries belong to CFLB[/size]
[size=33]·         [/size][size=33]It's land bank in heart of Colombo[/size]
[size=33]·         [/size][size=33]investment in [/size][size=33]Quoted  and  non Quoted Companies[/size]
 
[size=33]2019[/size]
[size=33]"High-interest rates, high taxes, subdued demand as a result of low consumer spending, and weak commodity prices have all had an impact on the performance of the Group." Chairman saying in 2019 Annual report.[/size]
[size=33]2020[/size]
[size=33]But in this year.(2020) Interest rate reduced to all time low.[/size]
[size=33]·         [/size][size=33]interest expenses  will reduce sharply resulting higher profit in this year[/size]
[size=33]·         [/size][size=33]Vat reduced and consumer spending recovering higher income from all sectors.[/size]
 
[size=33]In 2019[/size]
[size=33]" The steep decline in tea prices witnessed at the Colombo Auction as well as continued weakness in the global[/size]
[size=33]the market for Natural Rubber has seen both the Group’s Plantation companies run at a significant loss."[/size]
[size=33]In 2020[/size]
[size=33]Good Tea and Rubber prices both have a greater impact on their plantation losses to reduce and come to come profitability[/size]
 
 
They have about 40 subsidiaries belong to CFLB (page 83 of annual report 2019) Some had greater run recently reflecting their share price to increase due to either reducing their losses or recording healthy profits
I am only  giving few of them here.
SubsidiaryEffective holding by CFLB2019 march price2020 oct. 2 pricePRICE CHANGE %
CWM38%3645.0025%
KOTA61%58.1062%
LDEV47.3%2.25.60154%
LITE31%917.1090%
COLO65%5080.0060%
YORK50%60110.0083%
MARA 1.202.3091%
Average growth %80%
 
 2019 march price2020 oct. 2 pricePRICE CHANGE %
CFLBRs 9.50Rs 13.9046
 
Comparing the above figure we can clearly see that the price increase of its subsidiaries are not reflected in CFLB share price. some of its subsidiaries have increased there prices over 80% ( LDEV 154%, LITE 90%). Therefore we can see that CFLB share price has a clear upward revision to come to its fair value. Not only that subsidiaries like COLO are still greatly undervalued compare to their peers like CINV and GUAR.
 
Sunquick Lanka (Private) Limited
C.W. Makie PLC has a 49% interest in Sunquick Lanka (Private) Limited, a joint  venture formed for the purpose of manufacturing, processing, and marketing Co-Ro’s products in the form of concentrates and ready to drink (RTD) products marketed under the’Sunquick’ brand.
 
NAV of CFLB 22.73 (on June 2020). Is a 40 billion turnover company and just trading its shares for 13.90 Rs.  compare to 2-3 billion some companies trading their shares in similar range. In addition to all these, it has a great company to cope with the current agriculture-related businesses. It is LANKEM CEYLON PLC. it has considerable share in agric product segments like agrochemicals and plantations.
Other two strength of this company include its land bank in the heart of Colombo and suburbs and the investment portfolio of quoted and non quoted companies.  page 77- page 99 of Annual report 2019)
[size=33]some of its well-known brands[/size]
KOTAGALA
LANKEM
LAXAPANA
SUNQUICK
AGARAPATHANA
C.W. MACKIE
YORK ARCADE
E.B. CREASY & COMPANY PLC

8CFLB.......COLOMBO FORT LAND PLC Empty Re: CFLB.......COLOMBO FORT LAND PLC Tue Oct 12, 2021 12:29 pm

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

This has to be the only company in CSE that does over 40B turnover yet market cap below 4Billion. 
They had a couple of rough years but now getting back to profitable state. 
This should trade closer to Rs50 not Rs 16.

9CFLB.......COLOMBO FORT LAND PLC Empty Re: CFLB.......COLOMBO FORT LAND PLC Wed Nov 10, 2021 1:11 pm

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

We have witnessed some movements in last few days. The share is clearly trying to come out of the wood. Once the overhang is cleared this will pass 20 as the 1st step.

sajithlk02 likes this post

10CFLB.......COLOMBO FORT LAND PLC Empty Re: CFLB.......COLOMBO FORT LAND PLC Mon Nov 15, 2021 12:48 pm

arun.cse


Manager - Equity Analytics
Manager - Equity Analytics

seems CFLB moving

11CFLB.......COLOMBO FORT LAND PLC Empty Re: CFLB.......COLOMBO FORT LAND PLC Wed Nov 17, 2021 10:35 am

Biggy


Stock Trader

CFLB.......COLOMBO FORT LAND PLC Screen10CFLB.......COLOMBO FORT LAND PLC Screen10CFLB.......COLOMBO FORT LAND PLC Screen10

12CFLB.......COLOMBO FORT LAND PLC Empty Re: CFLB.......COLOMBO FORT LAND PLC Wed Nov 17, 2021 2:26 pm

skyfall


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Its definitely moving at the right direction.  The only share with Rs50 b turnover yet mcap Rs5b
Need to devalue all their assets

13CFLB.......COLOMBO FORT LAND PLC Empty Re: CFLB.......COLOMBO FORT LAND PLC Fri Nov 19, 2021 9:22 am

svkiruba8@gmail.com


Manager - Equity Analytics
Manager - Equity Analytics

Tdy can see some Trading pattern……. Expert plz advice !! CFLB.

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