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Reef some Info -Summary

4 posters

Go down  Message [Page 1 of 1]

1Reef some Info -Summary Empty Reef some Info -Summary Sun Aug 21, 2011 9:55 am

himesh


Equity Analytic
Equity Analytic

Warrants
[warrant]-[price]-[exercise period]
Warrants 2011(W0017) Rs.30/- 01-10-2011 to 15-10-2011
Warrants 2012(W0018) Rs.30/- 15-06-2012 to 30-06-2012
Warrants 2015(W0019) Rs.40/- 01-06-2015 to 15-06-2015

Expansion

[Citrus Hikkaduwa]
Refurbishment of 50 existing hotel rooms
Construction of 40 additional rooms

[Citrus Kalpitiya] - In progress
5 star quality 150 roomed resort including a Presidential Suite
50 exclusive villas which will be available on a 99 year lease for a price of approximately USD 400,000 – 700,000 (Rs.40 – 70 Million)
Construction of Citrus Kalpitiya commenced in June 2011 and is scheduled to be completed within 24 months.

[Citrus Waskaduwa] - In progress
150 Rooms - 20 Chalets, 130 Standard
50 (3BR) Estate Villas
Construction of Citrus Waskaduwa commenced in June 2011 and is scheduled to be completed within 24 months.

[Expansion in East coast]
Negotiations are also underway to acquire another plot of
land on the East coast for a new beachfront resort.

[Citrus Aqua]
Adventures in the tropical waters of Sri Lanka and the Maldives


[The Transformation]
The company has stated a new vision of transforming itself into a chain of hotels, with ambitious plans to add 600 luxury rooms to Sri Lanka’s room inventory over the next three years.

Top shareholders
EMAGEWISE (PVT) LTD 15,979,090 33.86%
MR. A S R SILVA 5,591,552 11.85%
RUREV CAPITAL (PVT) LTD 2,596,601 5.50%
BOSTON CAPITAL (PVT) LTD 2,010,000 4.26%
THARANGA GANGUL THORADENIYA 1,720,138 3.64%
LAUGFS GAS LIMITED 1,500,000 3.18%
M/S CORONA TEA STORES LIMITED 1,167,831 2.47%
MR. CHAMARA NUWAN SAMARATHUNGA 1,066,900 2.26%
JAYANTHA DEWAGE 1,077,530 2.28%
W D N H PERERA 818,831 1.74%
33,528,473 71.06%

2Reef some Info -Summary Empty Re: Reef some Info -Summary Mon Aug 22, 2011 2:09 am

thambi

thambi
Manager - Equity Analytics
Manager - Equity Analytics

have a feeling this week reef might hit double figures Twisted Evil

3Reef some Info -Summary Empty Re: Reef some Info -Summary Mon Aug 22, 2011 3:02 am

chamith

chamith
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

One of the above top shareholder's son is one of my best friends, Very Happy

4Reef some Info -Summary Empty Re: Reef some Info -Summary Mon Aug 22, 2011 7:06 am

sajeethk


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

but all their future expansion and but still yet to be come the return. look like we are trading futures like US do now. hope no one get caught to recession.

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