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

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» SPEN.N0000
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» Laughter the Best Medicine
Fri Sep 22, 2017 2:51 pm by Ethical Trader

» ට්‍රම්ප් "මොළය අවුල් වූ මැරයෙක්" - කිම් ජොන්ග් අන්
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» No one must die of cancer
Thu Sep 21, 2017 11:14 pm by කිත්සිරි ද සිල්වා

» ට්‍රම්ප්ගේ දේශනය "සුනඛයෙකුගේ බිරීමක්"
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» ලංකා බැංකුව, මහජන බැංකුව සහ ශ්‍රී ලංකා ඉන්ෂුවරන්ස් කොටස් වෙළෙඳපොළට
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» 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

» LIOC.N0000 (Lanka IOC PLC)
Wed Sep 20, 2017 10:23 am by LSE

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

» Nanodegrees
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» 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
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» 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
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» 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?
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» සිංගප්පූරුවේ Ube, ටෝක්යෝ සිමෙන්ති හිමිකම අඩකින් අඩුකරයි
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» Donkey Sex
Wed Sep 06, 2017 10:54 am by Backstage

» එළුවන් නළුවන් වෙලා
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» "තේරුණේ දැන් තමයි"
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» stock market’s downward trend
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» ඔබේ මන්ත්‍රීවරයා පාර්ලිමේන්තු යනවාද?
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» සෝයා ගනුදෙනුවෙන් කොළඹ කොටස් පිරිවැටුම ඉහළට
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» "හොඳම තෑග්ග ජනතාවගේ සතුට" - හොඳම තරුණ විද්‍යාඥයා වූ ශ්‍රී ලාංකිකයා
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» Sri Lanka govt securities demonstrate positive investor sentiments:
Sun Sep 03, 2017 9:43 pm by Backstage

» Asha Phillip Technical Analysis Report - September 2017
Sun Sep 03, 2017 9:41 pm by Backstage

September 2017
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TANG.N0000 (Tangerine Beach Hotels PLC)

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TANG.N0000 (Tangerine Beach Hotels PLC)

Post by yellow knife on Mon Sep 14, 2015 7:37 am

Family businesses are my favourties in picking stocks. However not every family is generous with dividends . Specially when all family members are executive directors the requirement for paying dividends (even when company is performing well) does not arrive.

Tangerine Hotel is a four star hotel situated in Kalutara (Wadduwa) next to Royal Palms Beach Hotels which belongs to the same group of five star category. The area is competing with star class hotels like Blue Waters, Citrus Waskaduwa, Mermaids Hotel, Serene Pavillion, Hibiscus beach hotel etc.

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Re: TANG.N0000 (Tangerine Beach Hotels PLC)

Post by yellow knife on Mon Sep 14, 2015 7:41 am

Drop of Revenue and profit for year 2015 a midst highest number of tourist arrival attribute to

* Russian rouble crisis where the hotel is more focused on Russian tourists

* Southern express way  that makes destinations in Galle and Matara becoming closer to tourists than earlier as less time spent on traveling

* One off incident of Presidential Election held in December the peak month of tourist arrivals

* Room occupancy ratio fell from 74% to 60% reducing the earrings


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Re: TANG.N0000 (Tangerine Beach Hotels PLC)

Post by yellow knife on Mon Sep 14, 2015 7:43 am

As above chart shows the dividend has no link with the EPS..

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Re: TANG.N0000 (Tangerine Beach Hotels PLC)

Post by yellow knife on Mon Sep 14, 2015 7:44 am

Company made a rights issue in 2008.. Net Assets Value was continuously growing

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Re: TANG.N0000 (Tangerine Beach Hotels PLC)

Post by yellow knife on Mon Sep 14, 2015 7:50 am

Company has decided to revisit its dependency  on Russian market and to diversify the Product to include many tourists from different destinations.

Many discounts offered for locals during off-season like many other hotels..

The hotels in Waskaduwa often recognize and reward the repeated customers. Tangerine annual report state that they have identified 275 repeaters mainly from UK,Germany, Holland, Russia, and Ukraine.

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Re: TANG.N0000 (Tangerine Beach Hotels PLC)

Post by yellow knife on Mon Sep 14, 2015 7:53 am

Informal guest houses around the beach belt has become a threat to star grade hotels. However these are not regulated and offer lower cost meals and accommodation.

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Re: TANG.N0000 (Tangerine Beach Hotels PLC)

Post by yellow knife on Mon Sep 14, 2015 8:31 am

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Re: TANG.N0000 (Tangerine Beach Hotels PLC)

Post by yellow knife on Mon Sep 14, 2015 8:34 am

Once the big players removed

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Re: TANG.N0000 (Tangerine Beach Hotels PLC)

Post by yellow knife on Mon Sep 14, 2015 8:35 am

Among equal players Kingsbury is outstanding 

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Re: TANG.N0000 (Tangerine Beach Hotels PLC)

Post by Lalinda on Mon Sep 14, 2015 8:58 am

Good stuff from YK as always. Thank you....!

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Re: TANG.N0000 (Tangerine Beach Hotels PLC)

Post by yellow knife on Mon Sep 21, 2015 9:54 am

Today I received an e-add on Hibiscus Hotel with a superb discounted rate valid until 31st Oct 2015. That indicated the area where Tangerine is located is affected by less tourists. Hibiscus being a three star hotel enjoyed higher room occupancy and now they are also compelled to go for advertising. Hibiscus often had no rooms to book on Agoda.com

Thus we can not expect much development for Tang.N even for the next quarter

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Re: TANG.N0000 (Tangerine Beach Hotels PLC)

Post by yellow knife on Wed Mar 23, 2016 1:21 pm

TANG has agreed to settle claims of accidents occurred in 1996 at the aggregated value of Rs 61 Million through  SLIC.

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