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.
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» Coronavirus Updates
East West properties - Page 3 EmptyToday at 8:07 am by The Invisible

» In the Meantime, Within Our Shores !
East West properties - Page 3 EmptyTue Jul 07, 2020 9:42 pm by Rajapaksap

» Dividend Announcements
East West properties - Page 3 EmptyMon Jul 06, 2020 9:06 pm by yellow knife

»  Rajgama Heroes !
East West properties - Page 3 EmptySun Jul 05, 2020 10:05 pm by serene

» Thread for News on CSE and SL Economy
East West properties - Page 3 EmptyFri Jul 03, 2020 7:17 am by The Invisible

» Access Engineering AEL Technical Analysis
East West properties - Page 3 EmptyFri Jul 03, 2020 7:14 am by The Invisible

» Obituary Notice.
East West properties - Page 3 EmptyWed Jul 01, 2020 12:51 pm by කිත්සිරි ද සිල්වා

»  6000 Post Club , Celebration of a Great Milestone, Slstock
East West properties - Page 3 EmptyTue Jun 30, 2020 9:35 am by slstock

» LIOC.N0000 (Lanka IOC PLC)
East West properties - Page 3 EmptyTue Jun 30, 2020 8:00 am by LSE

» How to get Access to: 104 Technical trading experiments by HUNTER
East West properties - Page 3 EmptyMon Jun 29, 2020 9:35 am by nuwanmja

» Sri Lanka to monetize tens of billions of contractor bills
East West properties - Page 3 EmptySun Jun 28, 2020 10:30 am by The Invisible

» 104 Technical trading experiments by HUNTER
East West properties - Page 3 EmptySat Jun 27, 2020 10:27 pm by HUNTER

» CFVF - First Capital
East West properties - Page 3 EmptySat Jun 27, 2020 10:22 pm by HUNTER

» RCL - Royal Ceramics
East West properties - Page 3 EmptySat Jun 27, 2020 4:02 am by desh87

» Stocks - Banks Drag Wall Street Lower After Fed Buyback Ban; Dow Down 290
East West properties - Page 3 EmptyFri Jun 26, 2020 11:35 pm by nihal123

» Sri Lanka plans US$4bn PPP for LRT in place of Japan funded soft-loan project
East West properties - Page 3 EmptyThu Jun 25, 2020 8:57 pm by The Invisible

» PABC.N0000 (Pan Asia Banking Corporation PLC)
East West properties - Page 3 EmptyWed Jun 24, 2020 10:37 pm by seek

» JKH.N0000
East West properties - Page 3 EmptyWed Jun 24, 2020 9:33 pm by The Invisible

» Plantation sector updates
East West properties - Page 3 EmptyWed Jun 24, 2020 10:32 am by The Invisible

» LOLC Holdings
East West properties - Page 3 EmptyMon Jun 22, 2020 3:40 pm by Rajapaksap

» Sri Lanka bank bad loans in March 2020 pick up to 5.1-pct
East West properties - Page 3 EmptyMon Jun 22, 2020 12:50 pm by The Invisible

» The Central Bank of Sri Lanka Further Reduces the Statutory Reserve Ratio
East West properties - Page 3 EmptyMon Jun 22, 2020 11:53 am by nihal123

» Sri Lanka tea prices pickup marginally mid June
East West properties - Page 3 EmptySun Jun 21, 2020 8:11 pm by The Invisible

» කොළඹ කොටස් වෙළඳපොළ ඩිජිටල්කරණය කිරීමේ වැඩපිළිවෙල ඇරඹෙයි
East West properties - Page 3 EmptySun Jun 21, 2020 12:55 pm by HUNTER

» Sri Lankans stock up, buy online in Covid-19 curfews, informal workers hard-hit: survey
East West properties - Page 3 EmptySun Jun 21, 2020 9:34 am by The Invisible

» Sri Lanka chicken supplies to tighten after Covid-19 crisis, maize import controls
East West properties - Page 3 EmptySun Jun 21, 2020 9:32 am by The Invisible

» S&P SL20 සමාගම් ලැයිස්තුවේ වෙනසක්.
East West properties - Page 3 EmptySat Jun 20, 2020 7:56 am by slstock

» HNB රුපියල් බිලියන 5ක ණය යෝජනා ක‍්‍රමයක් දියත් කරයි
East West properties - Page 3 EmptyFri Jun 19, 2020 10:47 pm by nihal123

» SAMP.N0000 (Sampath Bank PLC)
East West properties - Page 3 EmptyFri Jun 19, 2020 1:08 pm by dakzsl

» HAYC - Haycarb
East West properties - Page 3 EmptyFri Jun 19, 2020 12:04 pm by Rational Investor

» විශාලම ලැයිස්තුගත සමාගම් 50 විනිවිදභාවය පිළිබඳ වාර්තාවක් එළිදැක්වෙයි
East West properties - Page 3 EmptyThu Jun 18, 2020 11:13 pm by nihal123

» HAYL.N0000 Hayleys PLC
East West properties - Page 3 EmptyThu Jun 18, 2020 7:53 pm by NIRMALSG

» GLAS.N0000 (Piramal Glass Ceylon PLC)
East West properties - Page 3 EmptyWed Jun 17, 2020 12:29 pm by nuwanmja

» Sri Lanka bank forex funding pressures, bad loans to rise after Covid-19: Fitch
East West properties - Page 3 EmptyWed Jun 17, 2020 10:43 am by The Invisible

» Sri Lanka telecom regulator asked find businesses to use Lotus Tower
East West properties - Page 3 EmptyWed Jun 17, 2020 10:33 am by The Invisible

» Gota's Era
East West properties - Page 3 EmptyTue Jun 16, 2020 2:40 pm by puliyanam

» Fitch Revises Ratings on 11 Sri Lankan Financial
East West properties - Page 3 EmptySat Jun 13, 2020 11:58 am by spw19721

» Carlton Sports Network to resume broadcasts soon – Rohan Welivita
East West properties - Page 3 EmptyFri Jun 12, 2020 11:27 am by Rajapaksap

» සල්ලි අච්චු ගැසුවාද?
East West properties - Page 3 EmptyWed Jun 10, 2020 11:35 pm by nihal123

» වටිනා පාඩමක්!
East West properties - Page 3 EmptyWed Jun 10, 2020 9:58 pm by Backstage

» Sri Lanka’s General Election on August 05
East West properties - Page 3 EmptyWed Jun 10, 2020 3:08 pm by The Invisible

» Hayleys MGT
East West properties - Page 3 EmptyTue Jun 09, 2020 11:16 am by The Invisible

» AEL Access Engineering
East West properties - Page 3 EmptyTue Jun 09, 2020 11:08 am by The Invisible

» Sri Lanka import controls, cargo bottleneck hit apparel exporters
East West properties - Page 3 EmptyMon Jun 08, 2020 4:12 pm by The Invisible

» Sri Lanka tea prices ease lower, low growns drive May average to all time high
East West properties - Page 3 EmptyMon Jun 08, 2020 8:47 am by slstock

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
East West properties - Page 3 EmptySat Jun 06, 2020 3:05 pm by Antonym

» Sri Lanka makes trillion rupee mini-budget till August under Presidential powers
East West properties - Page 3 EmptyFri Jun 05, 2020 10:48 am by The Invisible

» HHL.N0000 ( Hemas Holdings PLC)
East West properties - Page 3 EmptyThu Jun 04, 2020 4:32 pm by Backstage

» LION.N0000 (Lion Brewery Ceylon PLC)
East West properties - Page 3 EmptyThu Jun 04, 2020 2:21 pm by The Invisible

» කොටස්--වෙළෙඳපොළ--වැසුවාද
East West properties - Page 3 EmptyWed Jun 03, 2020 9:49 pm by nihal123

July 2020
SunMonTueWedThuFriSat
   1234
567891011
12131415161718
19202122232425
262728293031 

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

East West properties

Page 3 of 3 Previous  1, 2, 3

Go down

East West properties - Page 3 Empty Re: East West properties

Post by slstock on Wed Oct 23, 2019 7:00 am

Invi,

Where are you?

I think you need to make an update here   as EAST
results are out. Reported East NAV was  14 not 24.


~~~~~~~~~~~~

Everybody else  


Leaving aside  all the past dramas and games on EAST,  presently EAST is on a
much better financial situation after this MAariot  sale. We knew this after the sale.  

But do not buy the bull crap promo at other places saying EAST will give
another Rs 10 dividend etc. Why is Nahil crazy to do so ?

But I can say there can be some trading ops with EAST  
if you enter at the right time/when ever. Price now is around Rs 9.



slstock wrote:Invi ,


*  Even after this hotel sale , the group own some other subsidiaries,
   assets/liabilities. You will need to take Group NAV as far as am concerned.
   Not Company NAV.   

* Also I reiterate  what I already said on calculating the real gain
  and ultimate NAV of  EAST ( after dividend paid)


Will not  spend further time on this, other than considerable time
already taken to explain.  We will see the Quarter report soon.

~~~~~~~~~~~~


Btw Invi, just curios  is ID Braveheart known to you?




The Invisible wrote:Thanks SLS for the points highlighted. Lets discuss one by one.

The numbers were derived through a simulation exercise based on available financials and the 18th April announcement all of which were attached.

lets go one by one.
Cash of 3bn - As per the announcement Marriott has paid 2.8bn as sales value for 71% stake pluss Weligama hotel themselves paid another 0.2 bn to EAST as settlement of loan so altogether in April company has got 3bn cash (can be 100% in cash or a balance to be received which I dont know)

Dividend - they declared 8.5 per share for 138mn shares so they distributed 1.2 bn out of the sale proceeds. Meaning they should have left with 1.8bn excess cash to do something.

NAV - yes the NAV for group was 4 and for company was 10. According to my simulation exercise EAST has to report more or less their company results as group results because the hotel segment will no more. So group BS minus hotel BS has been simulated as EAST BS in June quarter so the starting NAV to be 10. And on top of that they need to report the capital gain on the sale which I estimate to take the NAV towards 24.

Then what do they do with excess cash of 1.8bn. When we minus hotel interest braring borrowings from group borrowings EAST will end up with another 1bn or so so logically they should settle this loan too and make the new BS debt free.

_________________
Never listen to anyone including myself without your own study. Only few truly genuine people exist in this world.
Please read : [You must be registered and logged in to see this link.]
---------
slstock
slstock
Veteran
Veteran

Posts : 6089
Join date : 2014-06-12

Back to top Go down

East West properties - Page 3 Empty Re: East West properties

Post by LSE on Fri Dec 06, 2019 9:46 am

Guys...

it's time to look at..
[You must be registered and logged in to see this link.]

study study study
LSE
LSE
Tech Contributor
Tech Contributor

Posts : 1320
Join date : 2014-06-04

Back to top Go down

East West properties - Page 3 Empty Re: East West properties

Post by Admin on Fri Dec 06, 2019 9:59 pm

LSE wrote:Guys...

it's time to look at..
[You must be registered and logged in to see this link.]

study study study

Please explain LSE

Admin
Admin

Posts : 540
Join date : 2014-02-22

http://investorsentiment.forumotion.net

Back to top Go down

East West properties - Page 3 Empty Re: East West properties

Post by LSE on Sun Dec 08, 2019 10:58 am

What do you wann me to explain?
Hoping you can access to the link given below.

Admin wrote:
LSE wrote:Guys...

it's time to look at..
[You must be registered and logged in to see this link.]

study study study

Please explain LSE
LSE
LSE
Tech Contributor
Tech Contributor

Posts : 1320
Join date : 2014-06-04

Back to top Go down

East West properties - Page 3 Empty Re: East West properties

Post by Admin on Sun Dec 08, 2019 4:23 pm

LSE wrote:What do you wann me to explain?
Hoping you can access to the link given below.

Admin wrote:
LSE wrote:Guys...

it's time to look at..
[You must be registered and logged in to see this link.]

study study study

Please explain LSE

Why is it time to look at it specifically after the results? Anything special ?

Admin
Admin

Posts : 540
Join date : 2014-02-22

http://investorsentiment.forumotion.net

Back to top Go down

East West properties - Page 3 Empty Re: East West properties

Post by LSE on Sun Dec 08, 2019 7:15 pm

EAST will create more trading opportunities in comming weeks. Following are the next identified resistance levels for EAST in comming weeks

R4 - 11.67  ---->>> Resistance Level 4
R3 - 10.77  ---->>> Resistance Level 3
R2 -  9.87   ---->>> Resistance Level 2
R1 -  9.43   ---->>> Resistance Level 1

Admin wrote:
LSE wrote:What do you wann me to explain?
Hoping you can access to the link given below.

Admin wrote:
LSE wrote:Guys...

it's time to look at..
[You must be registered and logged in to see this link.]

study study study

Please explain LSE

Why is it time to look at it specifically after the results? Anything special ?
LSE
LSE
Tech Contributor
Tech Contributor

Posts : 1320
Join date : 2014-06-04

Back to top Go down

East West properties - Page 3 Empty Re: East West properties

Post by spw19721 on Sun Dec 08, 2019 11:00 pm

Why making fuss about this?They havent submitted their annual report yet.As I know trading will be suspended from 9th December onwards.
spw19721
spw19721
Active Member
Active Member

Posts : 678
Join date : 2015-08-22

Back to top Go down

East West properties - Page 3 Empty Re: East West properties

Post by LSE on Sun Dec 08, 2019 11:30 pm

Really...??? Shocked If not how does it appears in the CSE site? Did you check the link which I've given at the above?

spw19721 wrote:Why making fuss about this?They havent submitted  their annual report yet.As I know trading will be suspended from 9th December onwards.
LSE
LSE
Tech Contributor
Tech Contributor

Posts : 1320
Join date : 2014-06-04

Back to top Go down

East West properties - Page 3 Empty Re: East West properties

Post by Topcat on Sun Dec 08, 2019 11:35 pm

LSE wrote:Really...???  Shocked  If not how does it appears in the CSE site? Did you check the link which I've given at the above?

spw19721 wrote:Why making fuss about this?They havent submitted  their annual report yet.As I know trading will be suspended from 9th December onwards.
It's only the interim..so spw is right
Topcat
Topcat

Posts : 111
Join date : 2019-07-25

Back to top Go down

East West properties - Page 3 Empty Re: East West properties

Post by spw19721 on Mon Dec 09, 2019 6:50 am

You took it wrong LSE.please check this.

[You must be registered and logged in to see this link.]

But , If they can submit AR today ,story would be different as you said.
spw19721
spw19721
Active Member
Active Member

Posts : 678
Join date : 2015-08-22

Back to top Go down

East West properties - Page 3 Empty Re: East West properties

Post by LSE on Mon Dec 09, 2019 7:24 am

I was talking about this not the Annual Report, Interim Financial Statements as at 30.09.2019 (Uploaded-06 Dec 2019)
[You must be registered and logged in to see this link.]

spw19721 wrote:You took it wrong LSE.please check this.

[You must be registered and logged in to see this link.]

But , If they can submit AR today ,story would be different as you said.
LSE
LSE
Tech Contributor
Tech Contributor

Posts : 1320
Join date : 2014-06-04

Back to top Go down

East West properties - Page 3 Empty Re: East West properties

Post by spw19721 on Mon Dec 09, 2019 9:57 am

Yes mate I noticed that..

Just wanted to remind you about the potential trading suspension .Thats all.
spw19721
spw19721
Active Member
Active Member

Posts : 678
Join date : 2015-08-22

Back to top Go down

East West properties - Page 3 Empty Re: East West properties

Post by LSE on Mon Dec 09, 2019 10:01 am

CSE have took the necessary action,
[You must be registered and logged in to see this link.]


spw19721 wrote:Yes mate I noticed that..

Just wanted to remind you about the potential trading suspension .Thats all.
LSE
LSE
Tech Contributor
Tech Contributor

Posts : 1320
Join date : 2014-06-04

Back to top Go down

Page 3 of 3 Previous  1, 2, 3

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum