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

Display results as :
 


Rechercher Advanced Search

Latest topics
» CUBA FOUND A CANCER VACCINE! MORE THAN 4 THOUSAND PEOPLE HAVE ALREADY BEEN CURED BY IT!
Today at 11:38 am by Ethical Trader

» හදාගත් දරුවෝ: DNA බැංකුවට ශ්‍රී ලංකාවේ හා නෙදර්ලන්තයේ සහාය
Yesterday at 5:33 pm by Ethical Trader

» ෆයිසර් මුස්තාපාට එරෙහිව විශ්වාස භංගයක්?
Yesterday at 2:52 pm by Yin-Yang

» 'සිම්හල ද්වීපයේ පද්මාවතිය' හා අර්බුදයට මැදිවූ පද්මාවතී එක් තැනැත්තියක් ද ?
Yesterday at 1:22 pm by Ethical Trader

» ඉන්දියාව 'බ්‍රහ්මෝස්' සාර්ථක බව කියයි
Thu Nov 23, 2017 10:26 am by Ethical Trader

» How to Calculate the Future Value of an Investment
Wed Nov 22, 2017 11:46 am by Ethical Trader

» මුගාබේ ඉවත් වීමත් සමඟ 'හරාරේ' සැණකෙළි සිරි ගනියි
Wed Nov 22, 2017 11:34 am by Ethical Trader

» විසිපස් වසරක් ගෙවුනත් ඉල්ලීම් ඉටුවී නැහැ - නිදහස් මාධ්‍ය ව්‍යාපාරය
Wed Nov 22, 2017 11:30 am by Ethical Trader

» Dividend Announcement
Wed Nov 22, 2017 11:21 am by Ethical Trader

» කොටස් වෙළෙඳපොළේ ලැයිස්තුගත කෙරෙන අලුත්ම සමාගම – LVL Energy Fund Limited
Mon Nov 20, 2017 7:42 pm by nihal123

» අගමැති රනිල් බැඳුම්කර කොමිසම හමුවේ පැවසුවේ මොනවාද?
Mon Nov 20, 2017 7:08 pm by Ethical Trader

» Obituary Notice.
Mon Nov 20, 2017 3:03 pm by කිත්සිරි ද සිල්වා

» උතුරු කොරියාවේ "සබ්මැරීන බැලිස්ටික් මිසයිල වැඩසටහනකුත්"
Mon Nov 20, 2017 11:34 am by Ethical Trader

» උතුරු කොරියාව සහ න්‍යෂ්ඨික ප්‍රහාර: "නීති විරෝධී නියෝග පිළිපදින්නේ නෑ"
Mon Nov 20, 2017 11:28 am by Ethical Trader

» 'සොල්දාදුවාගේ සිරුරේ අඟල් එකොළහක පණුවෙක්'
Sun Nov 19, 2017 1:13 pm by කිත්සිරි ද සිල්වා

» මිනිස්සු දුවනවා, අපි නැවතිලා බලන් ඉන්නවා.
Fri Nov 17, 2017 5:46 pm by Ethical Trader

» Plantation sector updates
Fri Nov 17, 2017 11:54 am by lanka

» සිම්බාබ්වේ: ජනාධිපති රොබට් මුගාබේ "අත්අඩංගුවේ"
Fri Nov 17, 2017 9:54 am by Ethical Trader

» ආයෝජනයට ශ්‍රීලංකාවට එන්න එපා.! ජාත්‍යන්තර සමාගම් නිවේදනයකට සැරසෙයි
Wed Nov 15, 2017 8:15 pm by Admin

» Soldiers 'take over Zimbabwe broadcaster'
Wed Nov 15, 2017 5:52 am by කිත්සිරි ද සිල්වා

» බටහිර ලෝකය භේද කරන බවට රුසියාවට චෝදනා
Tue Nov 14, 2017 5:26 pm by Ethical Trader

» යුද අපරාධ සහ අතුරුදහන් කිරීම්: ශ්‍රී ලංකාවේ මානව හිමිකම් වාර්තාව ජිනීවා විමසුමට
Tue Nov 14, 2017 10:56 am by Ethical Trader

» ඉරාන, ඉරාක භූමිකම්පාවෙන් 200 කට වැඩි පිරිසක් මරුට
Mon Nov 13, 2017 5:27 pm by Ethical Trader

» මැද පෙරදිග බල තරඟය දරුණු අතට හැරෙයි
Mon Nov 13, 2017 3:16 pm by guruji

» වචන නම් අපේ ඒත් තනුව ?????????
Sun Nov 12, 2017 2:28 am by Rana

» දිල්ලියේ පරිසරය රැකීමට වාහන සලාක ක්‍රමයක්
Fri Nov 10, 2017 7:05 pm by Ethical Trader

» අයවැය සහ මෝටර් රථ: නව පිළිවෙතක්
Thu Nov 09, 2017 5:42 pm by Ethical Trader

» Flying is the Safest mode of Transport
Thu Nov 09, 2017 3:12 pm by කිත්සිරි ද සිල්වා

» In the Meantime, Within Our Shores !
Thu Nov 09, 2017 10:13 am by කිත්සිරි ද සිල්වා

» වංචා දුෂණ නඩු කඩිනම් කරන්න විශේෂ මහාධිකරණයක්
Wed Nov 08, 2017 4:54 pm by කිත්සිරි ද සිල්වා

» LIOC.N0000 (Lanka IOC PLC)
Wed Nov 08, 2017 4:48 pm by Ethical Trader

» ගින්නෙන් දැවෙන අලි පැටවාගේ සේයාරුව පළමු තැනට
Wed Nov 08, 2017 4:35 pm by Ethical Trader

» 10 Things to Remember Before You Take Things Personally
Tue Nov 07, 2017 5:38 pm by Ethical Trader

» හැම තැනම නැහැ, හැම දාම නැහැ
Tue Nov 07, 2017 5:30 pm by Ethical Trader

» Beware !
Mon Nov 06, 2017 10:56 am by CK

» සාම සාධක මෙහෙයුම් නිරීක්ෂණය කරන පළමු ශ්‍රී ලාංකික හමුදා නිලධාරිනියෝ
Sun Nov 05, 2017 12:44 pm by කිත්සිරි ද සිල්වා

» How to Find Undervalued Stocks and Turn a Large Profit
Sat Nov 04, 2017 11:24 am by Ethical Trader

» ඒකාබද්ධ විපක්ෂ කණ්ඩායමෙන් ශ්‍රීලනිපට කොන්දේසි හතක්
Thu Nov 02, 2017 6:29 pm by nihal123

» Taste of Asia
Thu Nov 02, 2017 12:27 pm by Ethical Trader

» නිව් යෝර්ක් ප්‍රහාරය : අවම වශයෙන් 8 දෙනෙක් මරුට
Wed Nov 01, 2017 5:48 pm by Ethical Trader

» NTB.N0000 (NATIONS TRUST BANK PLC)
Wed Nov 01, 2017 5:43 pm by Ethical Trader

» Laughter the Best Medicine
Wed Nov 01, 2017 11:48 am by Ethical Trader

» VPEL.N0000 (VALLIBEL POWER ERATHNA PLC )
Wed Nov 01, 2017 8:15 am by yellow knife

» TJL.N0000 (Textured Jersey Lanka PLC.)
Wed Nov 01, 2017 8:07 am by yellow knife

» TPL.N0000 (TALAWAKALE PLANTATIONS )
Wed Nov 01, 2017 7:56 am by yellow knife

» BFL.N0000 (Bairaha Farms PLC)
Tue Oct 31, 2017 7:16 pm by CK

» LLUB & BFL
Tue Oct 31, 2017 11:41 am by yellow knife

» HUNA.N0000
Tue Oct 31, 2017 9:26 am by yellow knife

» Sri Lanka's got Talent
Mon Oct 30, 2017 11:31 pm by sashimaal

» Govt.electrocutes CEB
Mon Oct 30, 2017 9:53 pm by AjithR

November 2017
SunMonTueWedThuFriSat
   1234
567891011
12131415161718
19202122232425
2627282930  

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)

View previous topic View next topic 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 : 5590
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 : 5590
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 : 5590
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 : 5590
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 : 5590
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 : 5590
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 : 5590
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 : 5590
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 : 5590
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 : 66
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 : 5590
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 : 5590
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