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Sri Lanka Equity Forum » Stock Market Talk » is TKYO ready for the next step forward?

is TKYO ready for the next step forward?

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1 is TKYO ready for the next step forward? on Thu Oct 20, 2016 8:06 pm

omegaplus

avatar
Manager - Equity Analytics
Manager - Equity Analytics
I was following TKYO.X and can see it maybe ready for the next stage, of price hike.
Any ideas ?

2 Re: is TKYO ready for the next step forward? on Fri Oct 21, 2016 11:57 am

thankrishan


Manager - Equity Analytics
Manager - Equity Analytics
Seems attractive, TKYO.X is more attractive than TKYO.N.

Beta1

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Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
[size=48]Asia Capital partners Japan’s Belluna for $ 50 m luxury apartment complex in the city
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Comments /  1870 Views / Monday, 17 October 2016 00:01
 1  389[/size]



Ground breaking of Luna Tower – Four Four Seven, from left: Asia Capital Senior Manager Projects Eraj Rajapakse, Asia Capital Chairman Paul Ratnayeke, Philip Weeraratne Associate Principal Architect Philip Weeraratne, Asia Capital Senior Manager Sandun Hettige, Asia Capital Director Toshiaki Tanaka, Belluna Senior Manager Koichi Yokota, Belluna Managing Director Hiroshi Yasuno, Japanese Ambassador to Sri Lanka Kenichi Suganuma, Belluna Senior Advisor Kiyonori Nakashima, Asia Capital Director/Group CEO Stefan Abeyesinhe, Reyhan Morris – member of Asia Capital senior management and Nawaloka Piling Chairman Upali Dharmadasa 
 
Asia Capital PLC, in collaboration with Japanese foreign investor and partner Belluna Co. Ltd., last week launched an exclusive apartment development project in the upscale Union Place location at a project cost of over $ 50 million (Rs. 7.3 b). 

‘Luna Tower – Four Four Seven’ is a 200-apartment building located centrally at Union Place, offering speedy and convenient access to the commercial and entertainment areas of Colombo. Its unparalleled location offers sweeping vistas of the Beira Lake on one side and the Viharamahadevi Park on the other. 

The ground-breaking ceremony of the real estate development titled ‘Luna Tower – Four Four Seven’ was held on 12 October at the development site, in the presence of eminent invitees comprising of the senior management of Asia Capital and Belluna; Government officials involved in the project including CMC and UDA representatives; Japanese Ambassador to Sri Lanka Kenichi Suganuma and Minister of Special Assignments Dr. Sarath Amunugama.

Philip Weeraratne Associates (PWA) are the Principal Architects for the project. Two global powerhouses have joined hands with PWA on this project: Arup of Hong Kong, bring their depth of expertise by way of a complete structural review of the apartment complex; Ong&Ong of Singapore, bring in unparalleled technical expertise in design excellence. Onsite piling for the project has already commenced by Nawaloka Piling Ltd. and ‘Luna Tower – Four Four Seven’, is scheduled for completion by October 2019.

The project is conceptualised as a blend of indoor and outdoor living spaces for a soothing and natural experience, making the best of natural light and ventilation. The apartments are seamless in design and offer compact modern living ideas for greater convenience. The apartment building will feature a large lobby with reflecting ponds and greenery, a rooftop infinity swimming pool and club house, including a landscaped garden, gymnasium, function room and a pavilion that opens out on one side – all of which offer common spaces on multiple levels in the apartment building.

Asia Capital Director/Group CEO Stefan Abeyesinhe commented: “The launch of ‘Luna Tower – Four Four Seven’ marks yet another milestone for Asia Capital in its history of achievements both in investment banking and property development. Venturing into real estate in the apartment complex segment, we are delighted to partner with Belluna of Japan, who hold decades of prosperous experience in real estate and now bring their investment strength into Sri Lanka. This joint project cements the strong bond that both companies have in creating a new paradigm in local and foreign joint venture projects in Sri Lanka. ‘Luna Tower – Four Four Seven’ offers inspired living for discerning investors and residents who understand the benefits of its superb location and the reputed project partners who are capable of delivering a truly world-class project. Prospective buyers can select from 2/3/4 bedrooms within a price range of Rs. 35 to 140 million, which offers a wide price spectrum to choose from.”

Belluna Managing Director Hiroshi Yasuno added: “With operations in several continents, Belluna is delighted to invest in a country such as Sri Lanka, which is one of the leading nations in the region in terms of investment potential. Colombo’s skyline is changing and we expect ‘Luna Tower – Four Four Seven’ to be an integral landmark once complete. The initial outlay for the project for land acquisition and construction is over $ 50 million. Belluna is privileged to collaborate with an established and reputed partner such as Asia Capital. Our partnership with Asia Capital at present encompasses five different projects both in Sri Lanka and the Maldive Islands. As a foreign investor, we hold a long-term view of Sri Lanka’s investment potential and foresee many more such high value projects in the years ahead.”

The joint projects between Asia Capital and Belluna consist of the ‘Luna Tower – Four Four Seven’ apartment development at Union Place; a 48 villa ultra-luxurious resort in Galle for which the foundation stone was laid on 13 October; a 300-room city hotel on Marine Drive in Colombo 3 for which the land is already acquired; and construction of the first resort beyond the shores of Sri Lanka in the Maldive Islands. A further multi-development project in Colombo is in the pipeline, with land being sourced presently. Belluna Co Ltd.’s Joint Venture with Asia Capital PLC clearly spells out the company’s commitment to Sri Lanka.

omegaplus

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Manager - Equity Analytics
Manager - Equity Analytics
@omegaplus wrote:I was following TKYO.X and can see it maybe ready for the next stage, of price hike.
Any ideas ?


Tokyo cement have a good future for few reasons .
One all these mega scale contractions ahead will push sales.
 
Another reason , $50 million  Tokyo production expansion plans includes  starting their new grinding facility by end of this year.It will increase domestic grinding facility by 60%, which replace about 40% of imports to colombo terminal.


And another great news is they made a deal with Japanese's "Ube Industries" for technical support and raw materials for high quality and specialise cements.
  


For those reasons They good for great few years ahead .

trader7


Manager - Equity Analytics
Manager - Equity Analytics
TKYO has a great future.Still a good Buy, should go up to rs.80 long term.

TARGET


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Rsi cooled down and again becoming tech bulish

omegaplus

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Manager - Equity Analytics
Manager - Equity Analytics
@trader7 wrote:TKYO has a great future.Still a good Buy, should go up to rs.80 long term.
First capital research on TKYO  and some other firms suggested TKYO will reach those levels mid- long terms ,more to do with technical analysis . But with other factors such as new factory  and big constructions TKYO may do better.

8 Re: is TKYO ready for the next step forward? on Mon Oct 24, 2016 12:21 pm

kassachandimal


Manager - Equity Analytics
Manager - Equity Analytics
With the super quarter earnings TOKYO should touch 70 short term

9 Re: is TKYO ready for the next step forward? on Mon Oct 24, 2016 12:44 pm

TARGET


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@kassachandimal wrote:With the super quarter earnings TOKYO should touch 70 short term
tafl sell kalada???  Very Happy  E dawas wala tafl walin thora lokayak thibune nane...
Anyway tokyo is an excellent share to invest

10 Re: is TKYO ready for the next step forward? on Mon Oct 24, 2016 1:07 pm

kassachandimal


Manager - Equity Analytics
Manager - Equity Analytics
sold tafl

11 Re: is TKYO ready for the next step forward? on Mon Oct 24, 2016 1:33 pm

EquityChamp

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Moderator
@kassachandimal wrote:sold tafl

Very Happy Very Happy Good luck.

12 Re: is TKYO ready for the next step forward? on Mon Oct 24, 2016 1:54 pm

TARGET


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@kassachandimal wrote:sold tafl
tafl have great potential to go forward. I am holding but now I am in a two worlds not due to their performance but due to the killing of animal. Now I feel bit guilty.. Embarassed

13 Re: is TKYO ready for the next step forward? on Mon Oct 24, 2016 2:19 pm

kassachandimal


Manager - Equity Analytics
Manager - Equity Analytics
Look at TOKYO today. Standing strong in this bloody hell

14 Re: is TKYO ready for the next step forward? on Mon Oct 24, 2016 2:27 pm

thankrishan


Manager - Equity Analytics
Manager - Equity Analytics
@kassachandimal wrote:Look at TOKYO today. Standing strong in this bloody hell
Laughing

15 Re: is TKYO ready for the next step forward? on Mon Oct 24, 2016 2:49 pm

anges


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
seems like that but the makt has a negative sentiment !

16 Re: is TKYO ready for the next step forward? on Mon Oct 24, 2016 3:09 pm

kassachandimal


Manager - Equity Analytics
Manager - Equity Analytics
EC is that a bad decision to sell TAFL

17 Re: is TKYO ready for the next step forward? on Mon Oct 24, 2016 3:19 pm

EquityChamp

avatar
Moderator
@kassachandimal wrote:EC is that a bad decision to sell TAFL

That depend on the investor and his/her risk appetite. Taking profits is good generally but sometimes the opportunity cost can be greater. Only time can give you the answer.

Thanks

18 Re: is TKYO ready for the next step forward? on Mon Oct 24, 2016 4:23 pm

kassachandimal


Manager - Equity Analytics
Manager - Equity Analytics
yes EC. what is ur idea about TAFL and TOKYO. what is the best for u in current CMP and situation

19 Re: is TKYO ready for the next step forward? on Mon Oct 24, 2016 5:03 pm

omegaplus

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Manager - Equity Analytics
Manager - Equity Analytics
I was hoping this post will be a decent debate re TKYO with facts and reasons rather than promoting .lol!

20 Re: is TKYO ready for the next step forward? on Tue Oct 25, 2016 5:33 am

kassachandi


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Its a more than a decent debate. We have to ask questions. That is what I am doing. Not promoting omega.

21 Re: is TKYO ready for the next step forward? on Wed Oct 26, 2016 6:26 pm

omegaplus

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Manager - Equity Analytics
Manager - Equity Analytics
TKYO is stable, but not moving , most investors not happy with this instability created by careless government  . They keeping messing up the confidence investors have in counties economy, future.

22 Re: is TKYO ready for the next step forward? on Thu Oct 27, 2016 11:47 am

kassachandimal


Manager - Equity Analytics
Manager - Equity Analytics
Can see the power of TOKYO. Still pushing upwards in even in this dead market.

23 Re: is TKYO ready for the next step forward? on Fri Oct 28, 2016 6:06 am

trader7


Manager - Equity Analytics
Manager - Equity Analytics
soon, will be accelerating, don't miss the bus

24 Re: is TKYO ready for the next step forward? on Fri Oct 28, 2016 4:37 pm

omegaplus

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Manager - Equity Analytics
Manager - Equity Analytics
@trader7 wrote:soon, will be accelerating, don't miss the bus
Yes , I was looking at this few weeks ago and noticed the pattern a week ago.It should accelerate .

25 Re: is TKYO ready for the next step forward? on Thu Nov 03, 2016 8:21 pm

omegaplus

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Manager - Equity Analytics
Manager - Equity Analytics
@kassachandimal wrote:Can see the power of TOKYO. Still pushing upwards in even in this dead market.
Well, TKYO is  moving up, But very slow.
Any ideas, news about TKYO? form advisors and experts?

26 Re: is TKYO ready for the next step forward? on Thu Nov 03, 2016 8:44 pm

trader7


Manager - Equity Analytics
Manager - Equity Analytics
TKYO.N is the best share at the moment.you will Not loose.it is a safe bet.There is no way it can go down now, slowly building momentum, a share for the future. I made Most profit by buying it early.

27 Re: is TKYO ready for the next step forward? on Thu Nov 03, 2016 9:26 pm

SharkTank

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Stock Trader
Although tkyo seems to have a brighter future could the stock be over-valued. If you look at the RSI it seems the
stock is over-bought. I would love to get my hands on some of tkyo's shares yet all the commotion over the stock is sending some negative signals suggesting an over-valuation.

28 Re: is TKYO ready for the next step forward? on Thu Nov 03, 2016 10:28 pm

omegaplus

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Manager - Equity Analytics
Manager - Equity Analytics
@SharkTank wrote:Although tkyo seems to have a brighter future could the stock be over-valued. If you look at the RSI it seems the
stock is over-bought. I would love to get my hands on some of tkyo's shares yet all the commotion over the stock is sending some negative signals suggesting an over-valuation.

As far I can see its not overbought  . TKYO.X .As Can see on the graph , and also MA show uptrend. Thats only the technical side, But ...
With Tokyo related other factors  , new factory , expanding business and construction industry changes, I think Tokyo have a good future. 
They have technology, plans in place as well as good management. 

29 Re: is TKYO ready for the next step forward? on Fri Nov 04, 2016 12:00 am

SharkTank

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Stock Trader
@omegaplus wrote:
@SharkTank wrote:Although tkyo seems to have a brighter future could the stock be over-valued. If you look at the RSI it seems the
stock is over-bought. I would love to get my hands on some of tkyo's shares yet all the commotion over the stock is sending some negative signals suggesting an over-valuation.

As far I can see its not overbought  . TKYO.X .As Can see on the graph , and also MA show uptrend. Thats only the technical side, But ...
With Tokyo related other factors  , new factory , expanding business and construction industry changes, I think Tokyo have a good future. 
They have technology, plans in place as well as good management. 


well there isn't seem to be much of a over-valuation of the stock if you carefully study the RSI the sudden rise of the stock's price can be attributed to the overbuying, yet considering Tokyo is a company with a brighter future and with the port city project tkyo is going to be a hot stock there is a high chance that tkyo.nooo will go above 60. I
feel much comfortable to enter at a price between 50-55. If u look at the alligator index the alligator seems to be sleeping. Although MACD suggests a buy with the countries volatile economy I don't think 60 would be the best place to enter.

30 Re: is TKYO ready for the next step forward? on Fri Nov 11, 2016 6:20 pm

omegaplus

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Manager - Equity Analytics
Manager - Equity Analytics
@omegaplus wrote:I was following TKYO.X and can see it maybe ready for the next stage, of price hike.
Any ideas ?


Well, Seems it's next stage of TKYO.Probably good uptrend from next week.

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