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)
East West properties - Page 3 EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
East West properties - Page 3 EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
East West properties - Page 3 EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
East West properties - Page 3 EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
East West properties - Page 3 EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
East West properties - Page 3 EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
East West properties - Page 3 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
East West properties - Page 3 EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
East West properties - Page 3 EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
East West properties - Page 3 EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
East West properties - Page 3 EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
East West properties - Page 3 EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
East West properties - Page 3 EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
East West properties - Page 3 EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
East West properties - Page 3 EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
East West properties - Page 3 EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
East West properties - Page 3 EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
East West properties - Page 3 EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
East West properties - Page 3 EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
East West properties - Page 3 EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
East West properties - Page 3 EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
East West properties - Page 3 EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
East West properties - Page 3 EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
East West properties - Page 3 EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
East West properties - Page 3 EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
East West properties - Page 3 EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
East West properties - Page 3 EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
East West properties - Page 3 EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
East West properties - Page 3 EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
East West properties - Page 3 EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
East West properties - Page 3 EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
East West properties - Page 3 EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
East West properties - Page 3 EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
East West properties - Page 3 EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
East West properties - Page 3 EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
East West properties - Page 3 EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
East West properties - Page 3 EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
East West properties - Page 3 EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
East West properties - Page 3 EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
East West properties - Page 3 EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
East West properties - Page 3 EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
East West properties - Page 3 EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
East West properties - Page 3 EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
East West properties - Page 3 EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
East West properties - Page 3 EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
East West properties - Page 3 EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
East West properties - Page 3 EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
East West properties - Page 3 EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
East West properties - Page 3 EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

» DV-2024 Program: Online Registration
East West properties - Page 3 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

+14
Beginner1
The Invisible
dhanurrox
slstock
sashimaal
The Alchemist
smallville
Leon
Ethical Trader
First Guy
CK
yellow knife
කිත්සිරි ද සිල්වා
pathfinder
18 posters

    East West properties

    slstock
    slstock
    Veteran
    Veteran


    Posts : 6216
    Join date : 2014-06-12

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

    Post by slstock 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.
    LSE
    LSE
    Tech Contributor
    Tech Contributor


    Posts : 1321
    Join date : 2014-06-04

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

    Post by LSE 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
    avatar
    Admin
    Admin


    Posts : 565
    Join date : 2014-02-22

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

    Post by Admin 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
    LSE
    LSE
    Tech Contributor
    Tech Contributor


    Posts : 1321
    Join date : 2014-06-04

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

    Post by LSE 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
    avatar
    Admin
    Admin


    Posts : 565
    Join date : 2014-02-22

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

    Post by Admin 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 ?
    LSE
    LSE
    Tech Contributor
    Tech Contributor


    Posts : 1321
    Join date : 2014-06-04

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

    Post by LSE 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 ?
    spw19721
    spw19721
    Active Member
    Active Member


    Posts : 683
    Join date : 2015-08-22

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

    Post by spw19721 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.
    LSE
    LSE
    Tech Contributor
    Tech Contributor


    Posts : 1321
    Join date : 2014-06-04

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

    Post by LSE 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.
    Topcat
    Topcat


    Posts : 117
    Join date : 2019-07-25

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

    Post by Topcat 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
    spw19721
    spw19721
    Active Member
    Active Member


    Posts : 683
    Join date : 2015-08-22

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

    Post by spw19721 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.
    LSE
    LSE
    Tech Contributor
    Tech Contributor


    Posts : 1321
    Join date : 2014-06-04

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

    Post by LSE 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.
    spw19721
    spw19721
    Active Member
    Active Member


    Posts : 683
    Join date : 2015-08-22

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

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

    Yes mate I noticed that..

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


    Posts : 1321
    Join date : 2014-06-04

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

    Post by LSE 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.

    Rational Investor likes this post


      Current date/time is Sun Jul 14, 2024 7:23 pm