The Investor Sentiment - Equity and investments forum for Sri Lankans



Join the forum, it's quick and easy

The Investor Sentiment - Equity and investments forum for Sri Lankans

The Investor Sentiment - Equity and investments forum for Sri Lankans

Would you like to react to this message? Create an account in a few clicks or log in to continue.
The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting

Latest topics

» CCS.N0000 ( Ceylon Cold Stores)
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

» DV-2024 Program: Online Registration
LAUGFS mulling LPG storage terminal,pharma factory on the cards EmptyThu Oct 06, 2022 11:26 am by කිත්සිරි ද සිල්වා

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

2 posters

    LAUGFS mulling LPG storage terminal,pharma factory on the cards

    sashimaal
    sashimaal
    Top contributor
    Top contributor


    Posts : 5785
    Join date : 2014-02-28

    LAUGFS mulling LPG storage terminal,pharma factory on the cards Empty LAUGFS mulling LPG storage terminal,pharma factory on the cards

    Post by sashimaal Sun Aug 17, 2014 11:48 am

    LAUGFS Holdings is to invest in a LPG storage terminal expected to be commissioned in two years, while their third resort in Pasikudah will be launched in December with Waskaduwa resort on the cards. The company is also mulling a pharmaceutical manufactuing plant industry, sources said

    “Feasibility studies are in progress in order to decide the capacity of the terminal likely to be set up in Hambantota. The type of tanks (to be) used and the investment on the terminal will be determined depending on the capacity of the terminal,” an industry source told the Business Times, adding that this investment is to support the group’s core business in LPG.

    W.H.K. Wegapitiya, Chairman Laugfs declined to comment on this, but confirmed that their 250 room resort hotel in Waskaduwa is in its designing stage and will be a Rs 6 billion investment.

    “A chain of four star plus hotels under the brand name of ‘Anantaya’ is in the pipeline and the first hotel, ‘Anantaya Resorts and Spa’ with 87 rooms in Chilaw opened in February. Two more hotel properties – one in Pasikudah on the East Coast containing 90 rooms and a resort hotel in Waskaduwa with 250 rooms are currently on the way,” he told the Business Times. He said the resorts are expected to capture the demand for leisure travel as well as demand from the incentives sub segment within the MICE market tourists segment. “The Waskaduwa resort will have the largest convention hall which will attract MICE tourism.”

    He added that pharmaceutical manufacturing and healthcare equipment manufacturing are on the cards. “We are considering a state of the art pharmaceutical manufacturing plant with a US$50 million investment,” he said. He added that now less than 10 per cent of the total pharmaceutical requirement is locally produced. “So there’s a huge potential and we are seriously considering this.”

    Construction work of the building complex under Laugfs Property Developers (Pvt) Ltd at Thunmulla Junction, which is a BOI approved project will be an office complex, he added.

    Meanwhile LAUGFS Gas PLC has made waves with its annual report when it was recognised internationally, winning multiple awards at the prestigious 2013 Vision Awards of the League of American Communication Professionals (LACP) and the 28th Annual International ARC Awards.

    The report, themed ‘Unstoppable – story of the lion hearted company continues’ was the first Integrated Report of LAUGFS Gas PLC and was also the first step towards integrating the Environmental, People, Economic and Financial performance reporting, a company media release said.

    It added that LAUGFS gained international recognition at the 2013 Vision Awards, winning the Platinum Award for excellence within the industry on the development of the Annual Report, Silver Award for the Most Engaging Annual Report Worldwide, and Platinum Award for the Most Engaging Annual Report in the Asia Pacific Region. Additionally, it was ranked 25th amongst the Top 100 Annual Reports Worldwide and 11th amongst the Top 80 Annual Reports in the Asia Pacific Region.

    It was also recognised at the prestigious ARC global awards, with a Silver in the energy sector of the 28th Annual International ARC Award, for the financial data category.

    By Duruthu Edirimuni Chandrasekera
    avatar
    Nuinth
    Top contributor
    Top contributor


    Posts : 555
    Join date : 2014-02-28
    Location : Universe

    LAUGFS mulling LPG storage terminal,pharma factory on the cards Empty Re: LAUGFS mulling LPG storage terminal,pharma factory on the cards

    Post by Nuinth Sun Aug 17, 2014 12:19 pm

    Thx Shasi for sharing.

    This will be a strong holding company in SL. But they have list in cse only Laugfs gas know ?
    sashimaal
    sashimaal
    Top contributor
    Top contributor


    Posts : 5785
    Join date : 2014-02-28

    LAUGFS mulling LPG storage terminal,pharma factory on the cards Empty Re: LAUGFS mulling LPG storage terminal,pharma factory on the cards

    Post by sashimaal Sun Aug 17, 2014 12:23 pm

    Yes Nunith, i was thinking that all or most of the diversified 19 sectors came under Laugfs Gas - which is in the CSE ; where majority of Laufgs Gas shares are owned by Laugfs Holdings. Isn't that the case?
    avatar
    Nuinth
    Top contributor
    Top contributor


    Posts : 555
    Join date : 2014-02-28
    Location : Universe

    LAUGFS mulling LPG storage terminal,pharma factory on the cards Empty Re: LAUGFS mulling LPG storage terminal,pharma factory on the cards

    Post by Nuinth Sun Aug 17, 2014 12:32 pm

    Yes Shashi, hope one day Laugfs Holding will present the market as IPO & it will be a reall strong Laugfs. Other thing, I like to see a this type of business model in our era with strong leadership of Mr. wagapitiya.

    Good luck.
    sashimaal
    sashimaal
    Top contributor
    Top contributor


    Posts : 5785
    Join date : 2014-02-28

    LAUGFS mulling LPG storage terminal,pharma factory on the cards Empty Re: LAUGFS mulling LPG storage terminal,pharma factory on the cards

    Post by sashimaal Sun Aug 17, 2014 12:43 pm

    Yes Nunith.

    I would like if they start acquiring businesses and improve as well. Mr Wagapitiya in an interview has mentioned he likes to build from scratch and then only a sense of achievement comes (or it will be someone else's achievement that they are using). I feel such thinking will waste a lot of time and effort in many situations and limits growth. Identifying potential businesses and taking them to much higher levels is equally good (what DP and NP have done successfully).
    sashimaal
    sashimaal
    Top contributor
    Top contributor


    Posts : 5785
    Join date : 2014-02-28

    LAUGFS mulling LPG storage terminal,pharma factory on the cards Empty Re: LAUGFS mulling LPG storage terminal,pharma factory on the cards

    Post by sashimaal Tue Sep 02, 2014 4:31 pm

    What is the price target you have for LGL?

    My medium term price is above Rs 50 for normal share

    With the collection that has been going on, there seems to be a big buyer waiting - maybe around Rs 50 or more...

    Disc: Holding both LGL N and X

      Current date/time is Wed Jun 19, 2024 6:35 pm