Dr Stock wrote:CFLB trying to break its resistance at Rs 34.
If it break ( definately will) Rs 34,
Next target is Rs 40.
very soon it will jump !
Effortlessly broken Rs 34 resistance
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Dr Stock wrote:CFLB trying to break its resistance at Rs 34.
If it break ( definately will) Rs 34,
Next target is Rs 40.
very soon it will jump !
omegaplus wrote:I was looking at CFLB.N shares and thought it's a good company. But I can't see any interest here about it. It will be great if any expert can give some ideas about CFLB situation .
Do they have any subsidiaries ?
RPPA wrote:omegaplus wrote:I was looking at CFLB.N shares and thought it's a good company. But I can't see any interest here about it. It will be great if any expert can give some ideas about CFLB situation .
Do they have any subsidiaries ?
Oh my friend it seems you don't know any thing of CFLB. The following listed stocks are subsidiaries of CFLB directly or indirectly.
LCEY,EBCR,LITE,LDEV,KOTA,MULL,MARA,COLO,SIGV,CIT,CFI,YORK,CWM
I may have missed one or two. But currently CFLB as a whole making losses. Hopefully this quarter will be better.
AAABoy wrote:It is a good holding company, Take a look at their subsidiaries
C.W. Mackie PLC - 34.62%
Muller and Phipps (Ceylon) PLC - 30.72%
Marawila Resorts PLC - 33.78%
Sigiriya Village Hotels PLC - 41.00 %
Creasy Plantation Management Limited - 24.55%
Laxapana Batteries PLC - 30.90%
Lankem Plantation Services Limited - 36.24%
Agarapatana Plantations Limited - 39.45%
B.O.T Hotel Services (Private) Limited - 48.57%
Beruwala Resorts PLC - 48.57%
York Arcade Holdings PLC - 49.84%
Above companies holds major stakes in following companies
Agrapatana Plantations Limited
Beruwala Resorts PLC
C.W. Mackie PLC and Subsidiaries
Galle Fort Hotel (Private) Limited
Kotagala Plantations PLC
Lankem Developments PLC
Lankem Research Limited
Lankem Tea & Rubber
Plantations (Private) Limited
Marawila Resorts PLC
Sigiriya Village Hotels PLC
So its a well diversified good holding company but there are some reasons to hold it at low prices
- Extreme drought and very heavy rainfall had a direct impact on the profitability of Plantation companies
- The decline in price of natural rubber has also impacted profitability.
- NAV is just Rs. 13/-
- June ended quarterly reports shows a loss of Rs. 10Mn.
According to my knowledge this price is too high to purchase but it has a strength with good portfolio to overcome this situation, Mainly that will depend on how this management do well for the business. So just be watchful it can go either way. May your decision goes right !!
AAABoy wrote:It is a good holding company, Take a look at their subsidiaries
C.W. Mackie PLC - 34.62%
Muller and Phipps (Ceylon) PLC - 30.72%
Marawila Resorts PLC - 33.78%
Sigiriya Village Hotels PLC - 41.00 %
Creasy Plantation Management Limited - 24.55%
Laxapana Batteries PLC - 30.90%
Lankem Plantation Services Limited - 36.24%
Agarapatana Plantations Limited - 39.45%
B.O.T Hotel Services (Private) Limited - 48.57%
Beruwala Resorts PLC - 48.57%
York Arcade Holdings PLC - 49.84%
Above companies holds major stakes in following companies
Agrapatana Plantations Limited
Beruwala Resorts PLC
C.W. Mackie PLC and Subsidiaries
Galle Fort Hotel (Private) Limited
Kotagala Plantations PLC
Lankem Developments PLC
Lankem Research Limited
Lankem Tea & Rubber
Plantations (Private) Limited
Marawila Resorts PLC
Sigiriya Village Hotels PLC
So its a well diversified good holding company but there are some reasons to hold it at low prices
- Extreme drought and very heavy rainfall had a direct impact on the profitability of Plantation companies
- The decline in price of natural rubber has also impacted profitability.
- NAV is just Rs. 13/-
- June ended quarterly reports shows a loss of Rs. 10Mn.
According to my knowledge this price is too high to purchase but it has a strength with good portfolio to overcome this situation, Mainly that will depend on how this management do well for the business. So just be watchful it can go either way. May your decision goes right !!
RPPA wrote:AAABoy
Good analysis man.
Once i got registered after one week someone criticised me saying i am you.
But you have came back & i am also in. So fantastic.
How ever it is he will understand the truth.
mdcpk1975 wrote:The NAVP is 42 not 13...I also bought 10000 at 30.70 and hoping for a better quarter for them
Dr Stock wrote:AAABoy wrote:It is a good holding company, Take a look at their subsidiaries
C.W. Mackie PLC - 34.62%
Muller and Phipps (Ceylon) PLC - 30.72%
Marawila Resorts PLC - 33.78%
Sigiriya Village Hotels PLC - 41.00 %
Creasy Plantation Management Limited - 24.55%
Laxapana Batteries PLC - 30.90%
Lankem Plantation Services Limited - 36.24%
Agarapatana Plantations Limited - 39.45%
B.O.T Hotel Services (Private) Limited - 48.57%
Beruwala Resorts PLC - 48.57%
York Arcade Holdings PLC - 49.84%
Above companies holds major stakes in following companies
Agrapatana Plantations Limited
Beruwala Resorts PLC
C.W. Mackie PLC and Subsidiaries
Galle Fort Hotel (Private) Limited
Kotagala Plantations PLC
Lankem Developments PLC
Lankem Research Limited
Lankem Tea & Rubber
Plantations (Private) Limited
Marawila Resorts PLC
Sigiriya Village Hotels PLC
So its a well diversified good holding company but there are some reasons to hold it at low prices
- Extreme drought and very heavy rainfall had a direct impact on the profitability of Plantation companies
- The decline in price of natural rubber has also impacted profitability.
- NAV is just Rs. 13/-
- June ended quarterly reports shows a loss of Rs. 10Mn.
According to my knowledge this price is too high to purchase but it has a strength with good portfolio to overcome this situation, Mainly that will depend on how this management do well for the business. So just be watchful it can go either way. May your decision goes right !!
This is how somebody should analyse .
Great work AAAboy.
Lot to gain from this ....
25 possible with in one or two days compair today trading patternPac-man wrote:Rs.24 close karamu da ??
Last edited by karuna on Mon Mar 21, 2016 2:35 pm; edited 1 time in total
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