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

Display results as :
 


Rechercher Advanced Search

Latest topics
» LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)
Yesterday at 9:26 pm by The Alchemist

» කොළඹ ඉඩම් මිල අහස උසට නගී. වසරක් තුළ 36% කින් මිල ඉහළ ගිහින්
Yesterday at 3:25 pm by Ethical Trader

» Scandal at Thai shareholder of Sri Lanka's Commercial Credit takes new turn
Yesterday at 12:39 pm by Backstage

» Dividend Announcement
Yesterday at 11:24 am by Ethical Trader

» මානව ඉතිහාසයේ සිදු වූ 'මහා විෂ ශරීරගතවීම" නිමාවන ලකුණු
Yesterday at 11:13 am by Ethical Trader

» Laughter the Best Medicine
Yesterday at 10:17 am by Ethical Trader

» LIOC.N0000 (Lanka IOC PLC)
Yesterday at 8:38 am by yellow knife

» East West ගනුදෙනුවෙන් කොටස් පිරිවැටුම බිලියනය පනී
Thu Oct 19, 2017 2:50 pm by yellow knife

» මූල්‍ය සමාගමක හිටපු විදෙස් අධ්‍යක්ෂවරයෙකුට අපරාධ චෝදනා එල්ල වෙයි
Thu Oct 19, 2017 1:41 pm by nihal123

» එන්ට්‍රස්ට් මුදල් ගිලපු හැටි ගිණුම් වාර්තා හෙළි කරයි
Thu Oct 19, 2017 12:42 pm by Ethical Trader

» රැන්සම්වෙයාර් වෛරසය නිසා ඇන්ඩ්‍රොයිඩ් දුරකථන අවදානමේ
Thu Oct 19, 2017 11:37 am by Ethical Trader

» Sri Lanka Investment Forum held in USA
Thu Oct 19, 2017 11:21 am by Ethical Trader

» පිටිදූවේ සිරිධම්ම හිමි ඇත්ත කතා කරයි.
Wed Oct 18, 2017 2:15 pm by Ethical Trader

» How to identify a stock market bottom
Tue Oct 17, 2017 5:15 pm by Ethical Trader

» ලොව බලවත්ම ගැහැනිය වූ සායම් බාස්‌ගේ දුව
Tue Oct 17, 2017 4:03 pm by Ethical Trader

» CIC රුපියල් මිලියන 238 කට කෘෂි රසායනික සමාගමක් මිල දී ගනී
Mon Oct 16, 2017 6:49 pm by nihal123

» ධම්මික පෙරමුණට එයි
Mon Oct 16, 2017 3:23 pm by Ethical Trader

» Govt. mulls removing barriers to allow Lankan firms hire foreign labour
Sun Oct 15, 2017 10:30 am by කිත්සිරි ද සිල්වා

» Panama Papers: Huge leak reveals elite's tax havens/ධනවතුන්, බලවතුන් ධනය හැංගූ හැටි හෙළිවෙයි .ලංකාවත් පැනමා පේපර්ස් ලැයිස්තුවේ
Fri Oct 13, 2017 4:49 pm by yellow knife

» කොටස් මිල ඉහළ යාම ගැන CSE විමසයි. HVA කරුණු පහදයි
Fri Oct 13, 2017 11:30 am by Ethical Trader

» තායිවාන් ගිණුම් හැක්‌ කර කෝටි 35කට විදලා! - හිටපු හමුදා පුත්‍රයා රිමාන්ඩ්
Wed Oct 11, 2017 10:32 pm by nihal123

» The Myth of Average !
Mon Oct 09, 2017 1:13 pm by Expert

» SPEN.N0000
Mon Oct 09, 2017 12:36 pm by nihal123

» Plantation sector updates
Sat Oct 07, 2017 6:41 pm by Senarath67

» Plantation Sector - Yesterday, Today and Tomorrow
Sat Oct 07, 2017 12:19 pm by CK

» කොටස්-වෙළෙඳ-පොළට-සූදු-කෙළින්නන්-ඇවිත්?
Wed Oct 04, 2017 6:49 pm by CK

» GSP+ ලැබීමෙන් පසු ඇඟලුම් අපනයන ආදායම ඉහළ ගියේ මෙහෙමයි
Tue Oct 03, 2017 3:17 pm by Rana

» TJL.N0000 (Textured Jersey Lanka PLC.)
Tue Oct 03, 2017 1:41 pm by CK

» ගෝලීය තරඟකාරීත්ව දර්ශකයේ 85 වැනි ස්ථානය දක්වා ශ්‍රී ලංකාව පහළට
Mon Oct 02, 2017 3:37 pm by Ethical Trader

» කාගිල්ස්, මිලියන 4,200 කට ඩෝසන් කාර්යාල සංකීර්ණය විකුණයි
Mon Oct 02, 2017 11:19 am by nihal123

» SAMP.N0000 (SAMPATH BANK PLC)
Mon Oct 02, 2017 10:40 am by Ethical Trader

» In the Meantime, Within Our Shores !
Sat Sep 30, 2017 9:04 pm by කිත්සිරි ද සිල්වා

» සනත් අයියා ගහන ගැහිලි !
Fri Sep 29, 2017 6:55 pm by Ethical Trader

» 'මොනා ලීසා' නිරුවත් උඩු කයින්
Fri Sep 29, 2017 6:42 pm by Ethical Trader

» CB Governor offers key insights
Fri Sep 29, 2017 10:57 am by කිත්සිරි ද සිල්වා

» The Govt. Doesn’t wish to pay off debts at once’
Thu Sep 28, 2017 10:08 pm by Backstage

» රවීගේ ‘මහ බැංකු හොරු‘ කතාවට අධිපති ප්‍රතිචාර දක්වයි
Thu Sep 28, 2017 5:17 pm by Ethical Trader

» Sri Lanka Hambantota Port JV to be operational from November
Thu Sep 28, 2017 5:14 pm by Ethical Trader

» Obituary Notice.
Thu Sep 28, 2017 3:05 pm by කිත්සිරි ද සිල්වා

» නේෂන් ලංකා තැරැව්කරුට සියලු ගනුදෙනු තහනම්
Wed Sep 27, 2017 8:04 pm by nihal123

» තායිලන්තයේ හිටපු අගමැතිනියට සිර දඬුවම්
Wed Sep 27, 2017 6:02 pm by Ethical Trader

» විද්‍යා ඝාතනය: වරදකරුවන් හත් දෙනෙකුට මරණ දඬුවම
Wed Sep 27, 2017 5:59 pm by Ethical Trader

» Flying is the Safest mode of Transport
Wed Sep 27, 2017 5:33 pm by කිත්සිරි ද සිල්වා

» Oil,gold, silver Prices
Wed Sep 27, 2017 2:08 pm by කිත්සිරි ද සිල්වා

» JKH.N0000
Wed Sep 27, 2017 11:37 am by LSE

» Piece Price
Tue Sep 26, 2017 7:15 pm by pee ratio

» ලිට්රෝ ගෑස් මිල ඉහළට
Mon Sep 25, 2017 11:00 pm by nihal123

» යුනිටි ප්ලාසා හිමිකමෙන් 23% ක් රේණුකා යටතට
Mon Sep 25, 2017 7:39 pm by nihal123

» 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

October 2017
SunMonTueWedThuFriSat
1234567
891011121314
15161718192021
22232425262728
293031    

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

AHPL.N0000

View previous topic View next topic Go down

AHPL.N0000

Post by yellow knife on Tue Jul 21, 2015 4:11 pm

Asian Hotel Properties Plc, consist of two main hotels in Colombo and a property development company. Cinnamon Grand, Cinnamon Lake Side and Crescat Boulvard are the brand names of them. John Keels Holdings own 78.56% and Dr Sena Yaddehige and Merrill J Fernando & Sons are note worthy shareholders of the top twenty list..

yellow knife
Top contributor
Top contributor

Posts : 5571
Join date : 2014-03-27

Back to top Go down

Re: AHPL.N0000

Post by yellow knife on Tue Jul 21, 2015 4:15 pm

I would name this Hotel as a Cash Cow.
Its growth potential is less as it already enjoy highest room capacity among Colombo City hotels..

Cinnamon Grand Colombo records an average occupancy of 75% which is well above the five-star city hotels average occupancy rate..

Thus the growth potential is less for this hotel and thus enjoy a mature stage where it happily give away a considerable dividend out of its earnings..

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

yellow knife
Top contributor
Top contributor

Posts : 5571
Join date : 2014-03-27

Back to top Go down

Re: AHPL.N0000

Post by yellow knife on Tue Jul 21, 2015 4:23 pm

AHUN and AHPL enjoy above 2 Billion profit from tourism sector. AHUN has to manage many destinations to arrive at Rs 2 Billion profit where as AHPL manage only three closely located destinations in Colombo ..

Dividend payout is rather consistent and Rs 4 as dividend for a share trading at Rs 65 (approximate) ensures 6% dividend yield.. Thus AHPL is good for a dividend hunter as well..

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

yellow knife
Top contributor
Top contributor

Posts : 5571
Join date : 2014-03-27

Back to top Go down

Re: AHPL.N0000

Post by yellow knife on Tue Jul 21, 2015 4:25 pm

Current Market price of this is also attractive when compare with Net Asset Value

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

yellow knife
Top contributor
Top contributor

Posts : 5571
Join date : 2014-03-27

Back to top Go down

Re: AHPL.N0000

Post by yellow knife on Tue Jul 21, 2015 4:27 pm

Revenue of AHPL is also note worthy among the tourist related listed companies

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

yellow knife
Top contributor
Top contributor

Posts : 5571
Join date : 2014-03-27

Back to top Go down

Re: AHPL.N0000

Post by yellow knife on Tue Jul 21, 2015 4:34 pm

All five star hotels find that increased room inventory of three star and four star as a threat.. Even AHPL, AHUN discuss about this matter in their annual reports..

yellow knife
Top contributor
Top contributor

Posts : 5571
Join date : 2014-03-27

Back to top Go down

Re: AHPL.N0000

Post by yellow knife on Tue Jul 21, 2015 4:39 pm

In my PF , AHPL appear with the cost of Rs 18.34.. When I get a dividend of Rs 4 my yield is 22%.. This one reason why now I have converted to never to sell..

i know that opportunity cost and the holding period is not measured in my calculation..but this company ensure me a predictable pattern of dividends and which is sufficient for keeping...

yellow knife
Top contributor
Top contributor

Posts : 5571
Join date : 2014-03-27

Back to top Go down

Re: AHPL.N0000

Post by smallville on Tue Jul 21, 2015 6:46 pm

Nice presentation.. Very valuable info.. and I feel if this can be put into one post, that would bring more value as it could be red continuously.

Shall I do the needful or will u?

_________________
I take risks as a Trader and I select stocks based on Tech and daily Cash in/out. Therefore, my methods may not suit u.. so DYO analysis before making any decisions.
avatar
smallville
Top contributor
Top contributor

Posts : 1722
Join date : 2014-02-23
Location : Trying to figure out..

Back to top Go down

Re: AHPL.N0000

Post by කිත්සිරි ද සිල්වා on Tue Jul 21, 2015 6:57 pm

Thanks YK the efforts and merging them into one post is a great idea.  Very Happy
smallville wrote:Nice presentation.. Very valuable info.. and I feel if this can be put into one post, that would bring more value as it could be red continuously.
Shall I do the needful or will u?
avatar
කිත්සිරි ද සිල්වා
Top contributor
Top contributor

Posts : 6781
Join date : 2014-02-23
Age : 59
Location : රජ්ගම

Back to top Go down

Re: AHPL.N0000

Post by kass on Tue Jul 21, 2015 10:21 pm

yellow knife wrote:In my PF , AHPL appear with the cost of Rs 18.34.. When I get a dividend of Rs 4 my yield is 22%.. This one reason why now I have converted to never to sell..

i know that opportunity cost and the holding period is not measured in my calculation..but this company ensure me a predictable pattern of dividends and which is sufficient for keeping...

Wow average cost 18.34 your investment should be at zero cost after receiving continuous dividends. thanks for the post
avatar
kass
Top contributor
Top contributor

Posts : 469
Join date : 2014-02-27

Back to top Go down

Re: AHPL.N0000

Post by HAL9000 on Tue Jul 21, 2015 10:29 pm

yellow knife wrote:In my PF , AHPL appear with the cost of Rs 18.34.. When I get a dividend of Rs 4 my yield is 22%.. This one reason why now I have converted to never to sell..

i know that opportunity cost and the holding period is not measured in my calculation..but this company ensure me a predictable pattern of dividends and which is sufficient for keeping...

Thanks for the great effort, + rep
My concern about this share is, will they able to maintain the same dominance, occupancy rate and the price and brand premium they enjoy now, once the new set of shining hotels like Shangrila, Hyatt, Movenpick, Water front etc flood the Colombo city in coming years.
avatar
HAL9000
Top contributor
Top contributor

Posts : 1402
Join date : 2014-08-11
Location : Colombo

Back to top Go down

Re: AHPL.N0000

Post by yellow knife on Wed Jul 22, 2015 8:41 am

Hal

Why do tourists visit Dubai, Sinagpore etc.. Because the infrastructures is supportive..The more hotels you have the more business you get..

But if you have only hotels that will not work out.. We visit Genting Highlands of Malaysia not just because the First World ( probably the hotel with the highest rooms in the world) but because you have entertainment, shopping all around in cold upcountry in a tropical land..

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

Its up to the government to decide to go ahead with Port City Project, Nelum Kuluna and Casino for JKH project or to abandon them..

We have to undertake risk as investors..

yellow knife
Top contributor
Top contributor

Posts : 5571
Join date : 2014-03-27

Back to top Go down

Re: AHPL.N0000

Post by yellow knife on Wed Jul 22, 2015 8:48 am

kass wrote:
yellow knife wrote:In my PF , AHPL appear with the cost of Rs 18.34.. When I get a dividend of Rs 4 my yield is 22%.. This one reason why now I have converted to never to sell..

i know that opportunity cost and the holding period is not measured in my calculation..but this company ensure me a predictable pattern of dividends and which is sufficient for keeping...

Wow average cost 18.34 your investment should be at zero cost after receiving continuous dividends. thanks for the post

1. Isn't it the real meaning of calculating PE
2. Mine is a small PF, imagine the generation long holdings of MJF and Dr S... Generation to generation will get cash inflows at zero cost.. Follow the family traditions of real entrepreneurs of the nation..

yellow knife
Top contributor
Top contributor

Posts : 5571
Join date : 2014-03-27

Back to top Go down

Re: AHPL.N0000

Post by guruji on Wed Jul 22, 2015 8:54 am

Wt a insight

guruji

Posts : 503
Join date : 2015-04-27

Back to top Go down

Re: AHPL.N0000

Post by yellow knife on Tue May 24, 2016 4:18 pm

AHPL declared Rs 4.50 as Dividends for the year...

yellow knife
Top contributor
Top contributor

Posts : 5571
Join date : 2014-03-27

Back to top Go down

Re: AHPL.N0000

Post by yellow knife on Fri Jun 03, 2016 2:34 pm

AHPL.N0000 has uploaded its annual report 2015/2016. As I have mentioned earlier the revenue of the company has reached a plateau and it has resulted the company to become a cash cow.

Companies that cannot grow further in revenue become cash cows and dividend hunters should collect these cash cows .

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

yellow knife
Top contributor
Top contributor

Posts : 5571
Join date : 2014-03-27

Back to top Go down

Re: AHPL.N0000

Post by yellow knife on Fri Jun 03, 2016 2:36 pm

A company that pays higher dividends than earnings may result in declining Net Assets Per Share..

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


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

yellow knife
Top contributor
Top contributor

Posts : 5571
Join date : 2014-03-27

Back to top Go down

Re: AHPL.N0000

Post by yellow knife on Fri Jun 03, 2016 2:39 pm

Company maintain good profit margins and will compare with other hotels soon.

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

yellow knife
Top contributor
Top contributor

Posts : 5571
Join date : 2014-03-27

Back to top Go down

Re: AHPL.N0000

Post by slstock on Fri Jun 03, 2016 2:44 pm

"A company that pays higher dividends than earnings may result in declining Net Assets Per Share.."


Well your statement is partly true only right?

Not sure why a company would pays higher dividends than earnings consistently.
No company can afford to do that in any case.
AHPL has not done it either.

There are companies which pay higher dividend % out of the earning made

AHPL is one such. But it does not decline net assets.
It will not make it grow.

Juts adding some feedback as I think you statement needs to be revisited right?


yellow knife wrote:A company that pays higher dividends than earnings may result in declining Net Assets Per Share..

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


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

_________________
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: AHPL.N0000

Post by yellow knife on Fri Jun 03, 2016 3:11 pm

Agree with you SLS

No company can continuously pay dividends than what they earn ...if so you must be doing that with the reserves already generated...

AHPL's growth is not shown in revenue.. Companies where relative market share is high and relative growth is low, often become paymasters of dividends....

Yet can it maintain the same Dividend next year unless Earnings  increased...? this is what I wanted to raise..

yellow knife
Top contributor
Top contributor

Posts : 5571
Join date : 2014-03-27

Back to top Go down

Re: AHPL.N0000

Post by dhanurrox on Fri Jun 03, 2016 8:45 pm

AHPL is made seesaw regularly buy index controllers. Thats certain.

dhanurrox

Posts : 408
Join date : 2014-03-27

Back to top Go down

Re: AHPL.N0000

Post by yellow knife on Mon Aug 01, 2016 10:36 am

AHPL the holding company fopr the 5 star city hotels and property development operations for JKH PLC posted a net profit of Rs 338.02 million for the 1st Q of 2016 improving 12% on YoY basis.

Revenue incresed by 14% and cost of sales increased by 9%.

The net assets of the company declined to Rs 51 from 53 per share.

AHPL subsidiary Trans Aisa Hotel PLC  posted a net profti for Rs 90.7 Million improving from a net loss of Rs 32.31 Million YoY posted .

JKH was lobbying for removal of minimum room rate and that will be legislated from Jan 2018 and will be helpful to the company's performance..

  Source : Mirror Business

yellow knife
Top contributor
Top contributor

Posts : 5571
Join date : 2014-03-27

Back to top Go down

Re: AHPL.N0000

Post by Backstage on Mon Aug 01, 2016 11:45 am

Thanks YK. Your outlook on this as a dividend cow of the future really interest me. Next two years will be the gap time before the big projects start opening their doors and changing the game for City hotels. The minimum rate cancellation will be the start of a new dynamic. AHPL should do well in the gap time.
avatar
Backstage
Top contributor
Top contributor

Posts : 3174
Join date : 2014-02-24

Back to top Go down

Re: AHPL.N0000

Post by yellow knife on Wed Jul 26, 2017 8:41 am

AHPL posted a net profit of Rs 280.12 Million for the first quarter ended 30th June 2017.

It is 17% fall on YoY basis due to escalating costs for services provided . EPS for the quarter fell to .63 from .77 YoY.

Revenue remained flat YoY at Rs 1.92 Billion while the cost of sales increased by 6% to reach Rs 871.70 Million.

yellow knife
Top contributor
Top contributor

Posts : 5571
Join date : 2014-03-27

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