CSD.N0000 (Seylan Developments PLC)

[yellow knifeTop contributor]

Companies become Cash-Cows either when they reach maturity or when their growth potential is subject to glass ceilings.

Many subsidiaries of Banks who are not related to Finance field are not encouraged to grow by its regulator. The reason is very clear. Regulator cannot control areas which are not belonging to Financial intermediary.

This is a property related company where 70.51% belongs to Seylan Bank.

IN the backdrop of the restrictions on the activities of the company given applicable regulations fo the Central Bank of Sri Lanka..... (Chairman's Message)

Such companies give away a good portion of its Earnings back as Dividends.

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[yellow knifeTop contributor]

Revenue is mostly based on rental income. Fair values of the property were the reasons behind sudden ups of PAT over revenue. (in 2016 changes in fair values of investment properties was 262 Million)

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[yellow knifeTop contributor]

Net Assets of properties often lies above market price.


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