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RegisterIt looks like revaluation announced would increase the NAV by 17 rupees.
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+2
HAL9000
poor boy
6 posters
UML revaluation
poor boy- Active Member
- Posts : 766
Join date : 2014-10-09
HAL9000- Top contributor
- Posts : 1402
Join date : 2014-08-11
Location : Colombo
Yes, UML lands must have a huge value considering it's location. I think in addition to the main showroom situated at the hot spot of town hall junction, They own some more properties around Hyde park corner as well.
poor boy- Active Member
- Posts : 766
Join date : 2014-10-09
aanouncement today :
http://www.cse.lk/cmt/uploadAnnounceFiles/2631432610053_697.pdf
Revaluation resulted in asset value increase of 1733milllions. total number of shares 100milllion (approx.). so book value will go up by 17 rupees , .
http://www.cse.lk/cmt/uploadAnnounceFiles/2631432610053_697.pdf
Revaluation resulted in asset value increase of 1733milllions. total number of shares 100milllion (approx.). so book value will go up by 17 rupees , .
Lalinda- Posts : 69
Join date : 2015-02-16
How about the impact on the share price? Will that also increase in a closer value?
First Guy- Posts : 2599
Join date : 2014-02-22
I do not think this is going to have much of an effect on UML business unless they are to sell a property
Leon- Top contributor
- Posts : 1264
Join date : 2014-03-11
Don't forget UML bought a huge land somewhere in Ratmalana.Was it from Glass.I don't remember.
$$$- Posts : 178
Join date : 2014-08-07
Forget revaluation. Did you see result last quarter ??
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