The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» ලිට්රෝ ගෑස් මිල ඉහළට
Yesterday at 11:00 pm by nihal123

» LIOC.N0000 (Lanka IOC PLC)
Yesterday at 10:19 pm by LSE

» යුනිටි ප්ලාසා හිමිකමෙන් 23% ක් රේණුකා යටතට
Yesterday at 7:39 pm by nihal123

» CB Governor offers key insights
Yesterday at 6:37 pm by malanp

» Sri Lanka Hambantota Port JV to be operational from November
Yesterday at 5:17 pm by Ethical Trader

» Plantation sector updates
Yesterday at 4:49 pm by mymoney

» SAMP.N0000 (SAMPATH BANK PLC)
Yesterday at 4:28 pm by The Invisible

» Plastic-degrading fungus found in Pakistan rubbish dump
Sun Sep 24, 2017 8:54 pm by කිත්සිරි ද සිල්වා

» CSE HOLIDAY LIST 2018
Fri Sep 22, 2017 5:20 pm by Rana

» Dividend Announcement
Fri Sep 22, 2017 5:19 pm by Rana

» SPEN.N0000
Fri Sep 22, 2017 3:01 pm by LSE

» Laughter the Best Medicine
Fri Sep 22, 2017 2:51 pm by Ethical Trader

» ට්‍රම්ප් "මොළය අවුල් වූ මැරයෙක්" - කිම් ජොන්ග් අන්
Fri Sep 22, 2017 2:37 pm by Ethical Trader

» No one must die of cancer
Thu Sep 21, 2017 11:14 pm by කිත්සිරි ද සිල්වා

» ට්‍රම්ප්ගේ දේශනය "සුනඛයෙකුගේ බිරීමක්"
Thu Sep 21, 2017 6:05 pm by Ethical Trader

» ලංකා බැංකුව, මහජන බැංකුව සහ ශ්‍රී ලංකා ඉන්ෂුවරන්ස් කොටස් වෙළෙඳපොළට
Thu Sep 21, 2017 6:01 pm by Ethical Trader

» ලංකා සිමෙන්ති කොටස් ගනුදෙනුවල අසාමාන්‍ය හැසිරීමක් – සභාපති කරුණු පහදයි
Wed Sep 20, 2017 8:06 pm by nihal123

» උතුරු කොරියාව විනාශ කරනවා - ජනාධිපති ඩොනල්ඩ් ට්‍රම්ප්
Wed Sep 20, 2017 12:33 pm by Ethical Trader

» In the Meantime, Within Our Shores !
Wed Sep 20, 2017 8:41 am by කිත්සිරි ද සිල්වා

» Nanodegrees
Tue Sep 19, 2017 11:40 pm by Backstage

» Picture of the day - for diss-cuss-ion and deb-ate.
Tue Sep 19, 2017 10:51 pm by Backstage

» පර්පෙචුවල් පලිසේනට බෝනස් කෝටි 10 ක්
Tue Sep 19, 2017 6:41 am by CK

» Be prepared for dry weather: Experts
Mon Sep 18, 2017 10:27 pm by nihal123

» නමක් පමණක් ඇති සමාගමකට ඩොලර් මිලියන 600 ක් රැස්කර ගත් චමත් පලිහපිටිය
Mon Sep 18, 2017 3:38 pm by nihal123

» කොටස් මිල ඉහල යාම ගැන ලංකෙම් ඩිවලොප්මන්ට්ස් වෙතින් කරුණු විමසයි
Mon Sep 18, 2017 3:35 pm by nihal123

» ධම්මික රුපියල් බිලියන 12.5කට සිංගර් ශ්‍රී ලංකා මිලට ගැනීමට තීන්දු කරයි
Sun Sep 17, 2017 2:05 pm by Danidu

» උතුරු කොරියාව ජපානයට ඉහලින් තවත් මිසයිලයක් විදියි
Fri Sep 15, 2017 5:46 pm by Ethical Trader

» උතුරු කොරියාවෙන් ඇමෙරිකාවට බිහිසුණු තර්ජනයක්
Thu Sep 14, 2017 5:59 pm by Ethical Trader

» කොටස් වෙළෙඳපොළට ප්‍රාග්ධන බදු නැහැ – නව බදු අයකිරීම් 2018 අප්‍රේල් 01 සිට ක්‍රියාත්මකයි
Thu Sep 14, 2017 11:42 am by Ethical Trader

» සන්නිවේදන සමාගමක් මූල්‍ය සමාගමක බලය අල්ලයි
Tue Sep 12, 2017 8:57 pm by nihal123

» උතුරු කොරියාව සම්බන්ධයෙන් රුසියාවේ පිළිවෙත කුමක්ද?
Tue Sep 12, 2017 5:50 pm by Ethical Trader

» ශ්‍රී ලංකාව උතුරු කොරියාවට එරෙහි සම්බාධක 'උල්ලංඝනය කරලා'
Mon Sep 11, 2017 6:55 pm by Yin-Yang

» වෙළෙඳ දැන්වීමක මස් බුදින ගනේෂ දෙවියන්, බුදු හිමියන් සහ යේසුස් වහන්සේ
Mon Sep 11, 2017 5:48 pm by Ethical Trader

» 'සයිබර් බුලින්' විඳ එයට එරෙහි වී සම්මාන ලබන ශ්‍රී ලාංකික තරුණිය
Mon Sep 11, 2017 11:57 am by Ethical Trader

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
Sun Sep 10, 2017 8:02 am by spw19721

» APLA.N0000 (ACL PLASTICS PLC)
Sun Sep 10, 2017 7:56 am by spw19721

» සිල් රෙදි නඩුව: හිටපු ජනපති ලේකම්, TRCSL සභාපති සිරගෙට
Fri Sep 08, 2017 12:35 pm by Ethical Trader

» PAYE බදු නිදහස් සීමාව ඉහළට
Fri Sep 08, 2017 10:24 am by nihal123

» V 2025 - A Country enriched
Thu Sep 07, 2017 1:53 pm by Danidu

» අනුෂ පැල්පිට - ලලිත් වීරතුංගට වසර තුනක සිරදඬුවම්
Thu Sep 07, 2017 1:22 pm by nihal123

» පොහොසත් රටේ කොටස් වෙළෙඳපොළට 2025 දී වෙන දේ
Thu Sep 07, 2017 10:57 am by Ethical Trader

» ‘දැන් ඉතිං වළක් කපන් වැළලෙන්න තියෙන්නේ‘ - බුකියේ ගිය රස කතා
Thu Sep 07, 2017 10:49 am by nihal123

» ශ්‍රී ලංකාව යළිත් පරාදයි
Thu Sep 07, 2017 10:38 am by Ethical Trader

» ශ්‍රී ලංකා ක්‍රිකට් වලට මොකද වුනේ? - සනත් කතා කරයි
Thu Sep 07, 2017 10:31 am by Ethical Trader

» බැඳුම්කර කොමිසම ඉදිරියේ හෙළි වූ කරුණු මොනවාද?
Thu Sep 07, 2017 10:22 am by Ethical Trader

» සිංගප්පූරුවේ Ube, ටෝක්යෝ සිමෙන්ති හිමිකම අඩකින් අඩුකරයි
Wed Sep 06, 2017 1:31 pm by nihal123

» Donkey Sex
Wed Sep 06, 2017 10:54 am by Backstage

» එළුවන් නළුවන් වෙලා
Wed Sep 06, 2017 10:16 am by Backstage

» "තේරුණේ දැන් තමයි"
Tue Sep 05, 2017 1:58 pm by jiggysaurus

» Whatever happened to the monastic Sangha?
Tue Sep 05, 2017 1:56 pm by jiggysaurus

September 2017
SunMonTueWedThuFriSat
     12
3456789
10111213141516
17181920212223
24252627282930

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

CAL Research - JKH - Sell

View previous topic View next topic Go down

CAL Research - JKH - Sell

Post by Sriranga on Fri Nov 07, 2014 2:23 pm

[You must be registered and logged in to see this image.]

Click Here - To Download or View

_________________
"Investing is easy to learn, but it takes a lifetime to master."
avatar
Sriranga
Veteran
Veteran

Posts : 3225
Join date : 2014-02-23
Location : Colombo

http://sharemarket-srilanka.blogspot.co.uk/

Back to top Go down

Re: CAL Research - JKH - Sell

Post by sashimaal on Fri Nov 07, 2014 4:41 pm

Thanks RB for sharing, +
avatar
sashimaal
Top contributor
Top contributor

Posts : 5514
Join date : 2014-02-28

Back to top Go down

Re: CAL Research - JKH - Sell

Post by sashimaal on Fri Nov 07, 2014 4:47 pm

Is this for Blackrock to collect?

I agree currently it's on premium. But they seem to be slowly getting out of trouble. As at now, with the current ASI level, I think it can go to a max of Rs 270-280. This includes a liquidity premium.
avatar
sashimaal
Top contributor
Top contributor

Posts : 5514
Join date : 2014-02-28

Back to top Go down

Re: CAL Research - JKH - Sell

Post by serene on Fri Nov 07, 2014 4:47 pm

Thanks Reds. SELL karanna kiyala kiyanne..

serene
Top contributor
Top contributor

Posts : 3565
Join date : 2014-02-26

Back to top Go down

Re: CAL Research - JKH - Sell

Post by slstock on Fri Nov 07, 2014 4:51 pm

I salute CAL for being bold enough to call a sell at this bull stage ( rarely people will do that).

But unless there is massive catastrophe ( like news that casino is cancelled in addition to part of their project plans ) or a market crash I don't think JKH will fall to Rs 192 again in near future.

We also see constant collection on JKH by foreign party. So if the bull remain ( seems it would) the chances of JKH going up is higher than falling to 192 in near future.

I am saying this with logic I can see, but CAL may know something I don't . They are a company with lot "heads" and extrenal info. I am me ( 1 person) with no such info.

On fundamental JKH looks overvalued but JKH is JKH.

_________________
Never listen to anyone including myself without your own study. Only few truly genuine people exist in this world.
Please read : [You must be registered and logged in to see this link.]
---------

If someone finds an Avatar of me in cyberspace commenting and you are unsure, Keep asking deeper questions until you are satisfied to distinguish between the Real and the Avatar. The real answers questions directly and deeply [You must be registered and logged in to see this image.]

---------
avatar
slstock
Veteran
Veteran

Posts : 4998
Join date : 2014-06-12

Back to top Go down

Re: CAL Research - JKH - Sell

Post by marusira on Fri Nov 07, 2014 9:42 pm

ෆෝරිනර්ස්ලට පිස්සුද කොහෙද 192ක් වටිනා එක 257ට ගන්න Shocked
නැත්තන් කැප්ටන්ට පිස්සුද කොහෙද janus ලාගෙන් 250ට ගන්න Shocked
නැත්තන් අපිට පිස්සුද මේ කියන එක(192කේ කතාව )විස්වාස කරන්න Shocked
දැන් කාටද පිස්සු? Question

marusira

Posts : 123
Join date : 2014-02-23

Back to top Go down

Re: CAL Research - JKH - Sell

Post by sashimaal on Fri Nov 07, 2014 9:52 pm

marusira wrote:ෆෝරිනර්ස්ලට පිස්සුද කොහෙද 192ක් වටිනා එක 257ට ගන්න Shocked
නැත්තන් කැප්ටන්ට පිස්සුද කොහෙද janus ලාගෙන් 250ට ගන්න  Shocked
නැත්තන් අපිට පිස්සුද මේ කියන එක(192කේ කතාව )විස්වාස කරන්න  Shocked
දැන් කාටද පිස්සු? Question

Maru kathawa Marusiya Smile , +
avatar
sashimaal
Top contributor
Top contributor

Posts : 5514
Join date : 2014-02-28

Back to top Go down

Re: CAL Research - JKH - Sell

Post by hariesha on Fri Nov 07, 2014 10:27 pm

CAL's reports are good and accurate.

But not with JKH and LLUB. For both they had sell recommendations for a considerable time now. But both went against them.


hariesha
Top contributor
Top contributor

Posts : 871
Join date : 2014-04-09

Back to top Go down

Re: CAL Research - JKH - Sell

Post by First Guy on Sat Nov 08, 2014 7:26 am

Few points/questions

* Recurrent P/E calculation is wrong in the 1st page. It is correct in pg 5 Appendix 3
* Are these WACC numbers justifiable?, just asking.
* Why is recurrent EPS dropping in FY15E ? just because of interest income?
* Interest bearing debt seems lower than reported.
* Why is Equity dropping in FY15E ? Rs. 4 bil drop from 1H15 forecasted


Last edited by First Guy on Sat Nov 08, 2014 9:04 am; edited 1 time in total
avatar
First Guy

Posts : 2524
Join date : 2014-02-22

Back to top Go down

Re: CAL Research - JKH - Sell

Post by Ethical Trader on Sat Nov 08, 2014 9:01 am

slstock wrote:I salute CAL for being bold enough to call a sell at this bull stage ( rarely people will do that).

But unless there is massive catastrophe ( like news that casino is cancelled in addition to part of their project plans )  or a market crash  I don't think JKH will  fall to Rs 192 again in near future.
 
We also see constant collection on JKH by foreign party.  So if the bull remain ( seems it would) the chances of JKH going up is higher than  falling to 192 in near future.

I am saying this with logic  I can see, but CAL may know something I don't . They are a company with lot "heads"  and extrenal info.   I am me ( 1 person) with no such info.

On fundamental JKH looks overvalued but JKH is JKH.
May be this "sell" recommendation is due to uncertainity created by election feaver + warrant conversion date nearing?
avatar
Ethical Trader
Top contributor
Top contributor

Posts : 2661
Join date : 2014-02-28

Back to top Go down

Re: CAL Research - JKH - Sell

Post by First Guy on Sat Nov 08, 2014 9:05 am

Ethical Trader wrote:
slstock wrote:I salute CAL for being bold enough to call a sell at this bull stage ( rarely people will do that).

But unless there is massive catastrophe ( like news that casino is cancelled in addition to part of their project plans )  or a market crash  I don't think JKH will  fall to Rs 192 again in near future.
 
We also see constant collection on JKH by foreign party.  So if the bull remain ( seems it would) the chances of JKH going up is higher than  falling to 192 in near future.

I am saying this with logic  I can see, but CAL may know something I don't . They are a company with lot "heads"  and extrenal info.   I am me ( 1 person) with no such info.

On fundamental JKH looks overvalued but JKH is JKH.
May be this "sell" recommendation is due to uncertainity created by election feaver + warrant conversion date nearing?

There is almost an year for the first set of warrants to be converted, isn't it?
avatar
First Guy

Posts : 2524
Join date : 2014-02-22

Back to top Go down

Re: CAL Research - JKH - Sell

Post by Ethical Trader on Sat Nov 08, 2014 9:11 am

First Guy wrote:
Ethical Trader wrote:
slstock wrote:I salute CAL for being bold enough to call a sell at this bull stage ( rarely people will do that).

But unless there is massive catastrophe ( like news that casino is cancelled in addition to part of their project plans )  or a market crash  I don't think JKH will  fall to Rs 192 again in near future.
 
We also see constant collection on JKH by foreign party.  So if the bull remain ( seems it would) the chances of JKH going up is higher than  falling to 192 in near future.

I am saying this with logic  I can see, but CAL may know something I don't . They are a company with lot "heads"  and extrenal info.   I am me ( 1 person) with no such info.

On fundamental JKH looks overvalued but JKH is JKH.
May be this "sell" recommendation is due to uncertainity created by election feaver + warrant conversion date nearing?

There is almost an year for the first set of warrants to be converted, isn't it?

True, but the space available for play narraws each day and also I think this recommendation is not for value investors but for speculaters and short term traders. Actually they should have elaborated on this aspect as each person has a different strategy.
avatar
Ethical Trader
Top contributor
Top contributor

Posts : 2661
Join date : 2014-02-28

Back to top Go down

Re: CAL Research - JKH - Sell

Post by sapumal on Sat Nov 08, 2014 4:00 pm

hariesha wrote:CAL's reports are good and accurate.

But not with JKH and LLUB. For both they had sell recommendations for a considerable time now. But both went against them.  

I am not commenting about the recommendation. But we should respect CALs effort. They constantly express what they believe without considering public opinion.

sapumal

Posts : 272
Join date : 2014-09-10

Back to top Go down

Re: CAL Research - JKH - Sell

Post by sashimaal on Sat Nov 08, 2014 6:49 pm

The same person who wrote the report said in Feb 2012 that the IR project has a + Rs 92 on concept value and a + Rs 53 based on volatility upside.

See below link:

[You must be registered and logged in to see this link.]

Yes, situation has changed...but...

If him or his Team Members sees this: you are welcome to reply.
avatar
sashimaal
Top contributor
Top contributor

Posts : 5514
Join date : 2014-02-28

Back to top Go down

Re: CAL Research - JKH - Sell

Post by puliyanam on Mon Nov 10, 2014 7:56 am

CAL got a few of its recommendations dead wrong. LLUB was one of them...I think they will be proved wrong on JKH too...

I look at it this way.. We need some sellers to buy JKH....It will probably come from CAL clients.. Some (possibly CAL clients) sold LLUB at 270 levels late last year till march this year thinking it will drop to 215.....well the rest is history
avatar
puliyanam
Top contributor
Top contributor

Posts : 343
Join date : 2014-02-28

Back to top Go down

View previous topic View next topic Back to top


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