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» අනං මනං! #/+?.<>
TANG.N0000 (Tangerine Beach Hotels PLC) EmptyYesterday at 3:31 pm by nihal123

» Thread for News on CSE and SL Economy
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» Devolution of power, civil wars, altruism, nepotism in animal world
TANG.N0000 (Tangerine Beach Hotels PLC) EmptyWed Oct 16, 2019 1:22 pm by yellow knife

» East West properties
TANG.N0000 (Tangerine Beach Hotels PLC) EmptyWed Oct 16, 2019 12:06 pm by yellow knife

» RCL - Royal Ceramics
TANG.N0000 (Tangerine Beach Hotels PLC) EmptyMon Oct 14, 2019 12:47 pm by seek

» Performance of the Market-Weekly
TANG.N0000 (Tangerine Beach Hotels PLC) EmptySat Oct 12, 2019 4:29 am by ruwan326

» Confidence to boom after election – CBSL Governor
TANG.N0000 (Tangerine Beach Hotels PLC) EmptyFri Oct 11, 2019 4:09 pm by Backstage

» Sri Lanka among top 20 rising stars of world trade
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» CLND Not to miss
TANG.N0000 (Tangerine Beach Hotels PLC) EmptyThu Oct 10, 2019 9:24 am by ruwan326

» Dividend Announcement
TANG.N0000 (Tangerine Beach Hotels PLC) EmptyWed Oct 09, 2019 4:59 pm by Rana

» අපි නොදන්න ගීතයක කතාව
TANG.N0000 (Tangerine Beach Hotels PLC) EmptyFri Oct 04, 2019 11:55 am by nuwanmja

» මූඩීස් ප්‍රකාශය පිළිගන්න බැහැ – මහ බැංකුව කියයි
TANG.N0000 (Tangerine Beach Hotels PLC) EmptyWed Oct 02, 2019 6:46 am by nihal123

» ආර්ථික වර්ධනය 2.7% ට බසී
TANG.N0000 (Tangerine Beach Hotels PLC) EmptyTue Oct 01, 2019 1:29 pm by nihal123

» Ranil agrees to give Sajith candidacy - AdaDetana
TANG.N0000 (Tangerine Beach Hotels PLC) EmptyThu Sep 26, 2019 5:05 pm by mymoney

» Cracks in the Real Estate Sector
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» Films - To Watch List
TANG.N0000 (Tangerine Beach Hotels PLC) EmptyFri Sep 20, 2019 8:38 am by Topcat

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TANG.N0000 (Tangerine Beach Hotels PLC) EmptyFri Sep 20, 2019 7:53 am by serene

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TANG.N0000 (Tangerine Beach Hotels PLC) EmptyThu Sep 19, 2019 4:33 pm by nuwanmja

» Easter Sunday Attack and Sri Lanka
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» Trading Journal
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» Thought for the day...
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» Happy Birthday
TANG.N0000 (Tangerine Beach Hotels PLC) EmptyMon Sep 09, 2019 10:54 am by nuwanmja

»  Rajgama Heroes !
TANG.N0000 (Tangerine Beach Hotels PLC) EmptySat Sep 07, 2019 10:24 am by කිත්සිරි ද සිල්වා

» Yahoo mail
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» Thread for News on International Markets
TANG.N0000 (Tangerine Beach Hotels PLC) EmptyFri Sep 06, 2019 9:50 am by The Invisible

» JINS.N0000 ( Janashakthi Insurance PLC)
TANG.N0000 (Tangerine Beach Hotels PLC) EmptyFri Sep 06, 2019 9:47 am by The Invisible

» Browns Investments update
TANG.N0000 (Tangerine Beach Hotels PLC) EmptyFri Sep 06, 2019 6:00 am by sanjulanka

» Hayleys MGT
TANG.N0000 (Tangerine Beach Hotels PLC) EmptyFri Sep 06, 2019 5:55 am by The Invisible

» SEYB.N0000 ( SEYLAN BANK PLC )
TANG.N0000 (Tangerine Beach Hotels PLC) EmptyThu Sep 05, 2019 8:47 pm by soileconomy

» Tourism Sector
TANG.N0000 (Tangerine Beach Hotels PLC) EmptyThu Sep 05, 2019 6:08 pm by NIRMALSG

» TJL.N0000 (Textured Jersey Lanka PLC.)
TANG.N0000 (Tangerine Beach Hotels PLC) EmptyTue Sep 03, 2019 6:12 pm by Ethical Trader

» UBC Union Bank of Colombo
TANG.N0000 (Tangerine Beach Hotels PLC) EmptyTue Sep 03, 2019 12:09 pm by The Invisible

» Obituary Notice.
TANG.N0000 (Tangerine Beach Hotels PLC) EmptyMon Sep 02, 2019 10:34 pm by කිත්සිරි ද සිල්වා

» Thread for News on Local and Foreign Politics
TANG.N0000 (Tangerine Beach Hotels PLC) EmptySat Aug 31, 2019 5:13 pm by The Invisible

» Sri Lanka bank profitability under pressure: Moody’s
TANG.N0000 (Tangerine Beach Hotels PLC) EmptySat Aug 31, 2019 8:44 am by The Invisible

» ‘වැඩකාරයාගේ නමත් සිරිසේන’ කියලා හිනාවුණා
TANG.N0000 (Tangerine Beach Hotels PLC) EmptyFri Aug 30, 2019 4:05 pm by sanjulanka

» 8000 Post Club | Celebration of a Great Milestone කිත්සිරි ද සිල්වා
TANG.N0000 (Tangerine Beach Hotels PLC) EmptyThu Aug 29, 2019 7:17 pm by කිත්සිරි ද සිල්වා

» In the Meantime, Within Our Shores !
TANG.N0000 (Tangerine Beach Hotels PLC) EmptyThu Aug 29, 2019 10:37 am by කිත්සිරි ද සිල්වා

» Sri Lanka to call for bids to develop Mannar Basin natural gas find
TANG.N0000 (Tangerine Beach Hotels PLC) EmptyTue Aug 27, 2019 4:32 pm by nuwanmja

» “බිරිඳගේ සහ පෙම්වතියගේ වෙනස මොකක්ද?”
TANG.N0000 (Tangerine Beach Hotels PLC) EmptySun Aug 25, 2019 11:51 pm by sanjulanka

» The Central Bank of Sri Lanka Reduces its Policy Interest Rates
TANG.N0000 (Tangerine Beach Hotels PLC) EmptySat Aug 24, 2019 4:26 am by Ethical Trader

» JKH - 155/00 Breakout is pending
TANG.N0000 (Tangerine Beach Hotels PLC) EmptyFri Aug 23, 2019 2:21 pm by pjrngroup

» Tokyo as at 21.08.2019 Morning
TANG.N0000 (Tangerine Beach Hotels PLC) EmptyWed Aug 21, 2019 10:07 am by nisashi

» What Would You Do?
TANG.N0000 (Tangerine Beach Hotels PLC) EmptyMon Aug 19, 2019 1:02 pm by කිත්සිරි ද සිල්වා

» Back of the Legends
TANG.N0000 (Tangerine Beach Hotels PLC) EmptyMon Aug 19, 2019 10:13 am by Topcat

» NTB.N0000 (NATIONS TRUST BANK PLC)
TANG.N0000 (Tangerine Beach Hotels PLC) EmptySun Aug 18, 2019 10:33 pm by lanka

» Melstacorp (MELS)
TANG.N0000 (Tangerine Beach Hotels PLC) EmptySun Aug 18, 2019 8:33 pm by The Invisible

» Cargills (CARG)
TANG.N0000 (Tangerine Beach Hotels PLC) EmptySun Aug 18, 2019 8:26 pm by The Invisible

» SHL.N0000 (Softlogic Holdings PLC)
TANG.N0000 (Tangerine Beach Hotels PLC) EmptySun Aug 18, 2019 8:14 pm by The Invisible

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TANG.N0000 (Tangerine Beach Hotels PLC)

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TANG.N0000 (Tangerine Beach Hotels PLC) Empty 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.

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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


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Post by yellow knife on Mon Sep 14, 2015 7:43 am

As above chart shows the dividend has no link with the EPS..

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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

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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.

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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.

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

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

Once the big players removed

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Post by yellow knife on Mon Sep 14, 2015 8:35 am

Among equal players Kingsbury is outstanding 

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Post by Lalinda on Mon Sep 14, 2015 8:58 am

Good stuff from YK as always. Thank you....!

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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

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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.

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