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

Display results as :
 


Rechercher Advanced Search

Latest topics
» ධම්මික පෙරේරා කෝටි 16 ක කාරයක් ගෙනෙයි
Yesterday at 9:31 pm by soileconomy

» ආර්ථික අර්බුදය ඉක්මවා ගිය දේශපාලන අර්බුදය හමුවේ 'රුපියල'
Fri Feb 16, 2018 7:00 pm by Ethical Trader

» Dividend Announcement
Fri Feb 16, 2018 6:43 pm by nihal123

» SAMP.N0000 (SAMPATH BANK PLC)
Fri Feb 16, 2018 2:18 pm by Ethical Trader

» Happy Birthday
Fri Feb 16, 2018 11:19 am by pjrngroup

» APLA.N0000 (ACL PLASTICS PLC)
Fri Feb 16, 2018 11:12 am by pjrngroup

» ජීවිතය පටන් ගන්නේ 60න්
Thu Feb 15, 2018 11:31 am by Ethical Trader

» විගණකාධිපතිගේ 2016 වාර්තාව මෙන්න
Tue Feb 13, 2018 12:31 pm by Ethical Trader

» JINS.N0000 ( Janashakthi Insurance PLC)
Fri Feb 09, 2018 11:12 am by The Invisible

» Boost for foreign investment in Govt. securities
Thu Feb 08, 2018 12:45 pm by Ethical Trader

» අනිලානා පුද්ගලික නිකුතුවට කොටස්කරුවන්ගේ සහාය පතයි
Thu Feb 08, 2018 9:28 am by The Invisible

» CCS.N0000 ( Ceylon Cold Stores)
Wed Feb 07, 2018 7:39 pm by Ethical Trader

» ලෝක ආර්ථිකය කඩා වැටෙද්දී එහි බලපෑම කොළඹට දැනුන හැටි
Tue Feb 06, 2018 11:13 pm by nihal123

» තෙල් මිලේ වැඩිවීමෙන් ගුවන් ටිකට් මිල නගී
Tue Feb 06, 2018 11:04 pm by Ethical Trader

» ජනාධිපති පරීක්ෂණ කොමිෂන් සභාවෙන් ලද, සිංහල භාෂාමය වාර්තා තිස් හතර (34)
Tue Feb 06, 2018 11:04 pm by Ethical Trader

» විල්පත්තු "වන විනාශය": පෙත්සම සලකා බැලීමට අධිකරණයේ අවසර
Mon Feb 05, 2018 9:10 pm by nihal123

» උදයංග වීරතුංග රැගෙන ඒමට පොලිස් නිලධාරීහු ඩුබායි වෙත
Mon Feb 05, 2018 9:09 pm by nihal123

» බැඳුම්කරය: ඇලෝසියස් සහ පළිසේන අත්අඩංගුවට
Mon Feb 05, 2018 9:08 pm by nihal123

» Laughter the Best Medicine
Sat Feb 03, 2018 10:04 pm by pjrngroup

» TPL.N0000 (TALAWAKALE PLANTATIONS )
Sat Feb 03, 2018 1:02 pm by bear

» ජනශක්ති ගනුදෙනුව තීන්දුයි. වටිනාකම රුපියල් බිලියන 16 යි
Fri Feb 02, 2018 7:57 pm by nihal123

» කොළඹ කොටස් අසාමූහිකරණ පනත පාර්ලිමේන්තුවට
Fri Feb 02, 2018 5:42 pm by Ethical Trader

» BBC කණ්ඩායමක් තාලිබාන් පාලන කලාපයකට ඇතුල් වෙති
Thu Feb 01, 2018 5:05 pm by Ethical Trader

» වර්ෂ 152 කට පසු දර්ශනය වන 'සුපිරි නීල රුහිරු සඳ'
Thu Feb 01, 2018 4:58 pm by Ethical Trader

» ලංකා බැංකුවට අයත් ජනශක්ති හිමිකම විකුණයි
Thu Feb 01, 2018 4:54 pm by Ethical Trader

» අයවැය ක්‍රියාත්මක කිරීමේ දී පාර්ලිමේන්තුවේ අධීක්ෂණය දුර්වලයි
Thu Feb 01, 2018 4:52 pm by Ethical Trader

» ජනපති හා ADB අධ්‍යක්ෂ මණ්ඩල සාමාජිකයින් අතර හමුවක්
Thu Feb 01, 2018 4:51 pm by Ethical Trader

» තවත් කොටස් තැරැව්කාර සමාගමක් වසා දමයි
Thu Feb 01, 2018 4:50 pm by Ethical Trader

» ජනපතිගේ රැලිය ආවරණය කිරීමට ගිය මාධ්‍යවේදීන්ට "තර්ජන"
Wed Jan 31, 2018 6:59 pm by soileconomy

» Bank of Ceylon divests stake in Janashakthi Insurance
Tue Jan 30, 2018 3:58 pm by TraderCSE

» වෛද්‍ය වර්ජනය: රජයේ වෛද්‍ය නිලධාරීන්ගේ සංගමයේ ඉල්ලීම් මොනවාද?
Mon Jan 29, 2018 6:36 pm by Ethical Trader

» නිවුන් අලි උපත්: මේ කරුණු දැන සිටියාද?
Mon Jan 29, 2018 12:14 pm by Ethical Trader

» Perpetual Treasuries
Mon Jan 29, 2018 7:43 am by Danidu

» කලා කෘතියක් ඉල්ලූ ජනාධිපති ට්‍රම්ප් වෙත 'රන් වැසිකිලියක්' - වාර්තා
Sat Jan 27, 2018 6:37 pm by Ethical Trader

» TJL.N0000 (Textured Jersey Lanka PLC.)
Fri Jan 26, 2018 6:32 pm by Ethical Trader

» සේවා ස්ථානයේ අරියාදු සහ අඩන්තේට්ටම් : 'බුලි' වුණොත් මොකද කරන්නේ?
Thu Jan 25, 2018 5:02 pm by Ethical Trader

» RULES ON ALL OR NONE (AON) BLOCKS
Thu Jan 25, 2018 4:55 pm by Ethical Trader

» Time is of essence in dealing with dengue:Expert, Recent deaths could be due to patients "coming in late" for treatment
Thu Jan 25, 2018 2:08 pm by AjithR

» නියම බුදු දහම
Thu Jan 25, 2018 12:42 pm by Ethical Trader

» "දූෂණය" ගැන මහින්ද රාජපක්ෂට නඩු පවරන්න - ජනාධිපති කොමිසම
Wed Jan 24, 2018 7:04 pm by Ethical Trader

» හිඟයක් වැළැක්වීමට ලේ දන් දෙන්න: ජනතාව වෙත ඉල්ලීමක්
Tue Jan 23, 2018 7:12 pm by Ethical Trader

» බලාගෙනයි, 'ගුවනින් අසූචි'!
Tue Jan 23, 2018 7:10 pm by Ethical Trader

» සිව් හෙලයේ ඉතිහාසය නිවැරදි කිරීම
Tue Jan 23, 2018 11:51 am by Ethical Trader

» ප්‍රගීත් එක්නැලිගොඩ: "ෆයිල් අතුරුදහන්වීම" ගැන සන්ධ්‍යා හමුදාපතිට කිවූ දේ
Thu Jan 18, 2018 12:13 pm by Ethical Trader

» China offers best chance for SL development: CB
Thu Jan 18, 2018 9:27 am by කිත්සිරි ද සිල්වා

»  බැඳුම්කර වාර්තාව
Wed Jan 17, 2018 6:58 pm by කිත්සිරි ද සිල්වා

» "මිසයිල් අනතුරු ඇඟවීම වැරදි බොත්තමක් එබීමෙන්"
Tue Jan 16, 2018 1:19 pm by nihal123

» ඉන්දියාවේ ශ්‍රේෂ්ඨාධිකරණ විනිසුරුවෝ අගවිනිසුරුට එරෙහිව ප්‍රවෘත්ති සාකච්ඡාවක
Mon Jan 15, 2018 2:06 pm by Ethical Trader

» එක්කෝටි විසි ලක්ෂයකට අධික ළදරු කිරිපිටි ඇසුරුම් ආපසු කැඳවයි
Mon Jan 15, 2018 2:00 pm by Ethical Trader

» ට්‍රම්ප්ගේ "ජාතිවාදී" භාෂාව ගැන කෝපය පළ වේ
Sun Jan 14, 2018 5:32 pm by කිත්සිරි ද සිල්වා

February 2018
SunMonTueWedThuFriSat
    123
45678910
11121314151617
18192021222324
25262728   

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

TANG.N0000 (Tangerine Beach Hotels PLC)

Go down

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.

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

yellow knife
Top contributor
Top contributor

Posts : 5628
Join date : 2014-03-27

Back to top Go down

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


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

yellow knife
Top contributor
Top contributor

Posts : 5628
Join date : 2014-03-27

Back to top Go down

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..

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

yellow knife
Top contributor
Top contributor

Posts : 5628
Join date : 2014-03-27

Back to top Go down

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

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

yellow knife
Top contributor
Top contributor

Posts : 5628
Join date : 2014-03-27

Back to top Go down

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.

yellow knife
Top contributor
Top contributor

Posts : 5628
Join date : 2014-03-27

Back to top Go down

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.

yellow knife
Top contributor
Top contributor

Posts : 5628
Join date : 2014-03-27

Back to top Go down

Re: TANG.N0000 (Tangerine Beach Hotels PLC)

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

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

yellow knife
Top contributor
Top contributor

Posts : 5628
Join date : 2014-03-27

Back to top Go down

Re: TANG.N0000 (Tangerine Beach Hotels PLC)

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

Once the big players removed

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

yellow knife
Top contributor
Top contributor

Posts : 5628
Join date : 2014-03-27

Back to top Go down

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 

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

yellow knife
Top contributor
Top contributor

Posts : 5628
Join date : 2014-03-27

Back to top Go down

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....!

Lalinda

Posts : 67
Join date : 2015-02-16

Back to top Go down

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

yellow knife
Top contributor
Top contributor

Posts : 5628
Join date : 2014-03-27

Back to top Go down

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.

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

yellow knife
Top contributor
Top contributor

Posts : 5628
Join date : 2014-03-27

Back to top Go down

Back to top


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