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Sri Lanka Equity Forum » Stock Market Talk » JKH 100/=....NEXT JANUARY.....

JKH 100/=....NEXT JANUARY.....

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1 JKH 100/=....NEXT JANUARY..... on Mon Nov 21, 2016 11:25 am

nigma


Manager - Equity Analytics
Manager - Equity Analytics
if JKH 100/=....WHAT ABOUT OTHERS......

2 Re: JKH 100/=....NEXT JANUARY..... on Mon Nov 21, 2016 11:44 am

jayathu


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
If JKH hit 100 market ASI index will be around 5500 for sure.

Still i dont belive JKH will ever hit hit below 130 mark. If some sort of a right issue or sub division is given this 100 mark might happen.

3 Re: JKH 100/=....NEXT JANUARY..... on Mon Nov 21, 2016 2:29 pm

econ

avatar
Global Moderator
It is possible to hit 100 when those converted shares come to the market along with uncertain casino project.


_________________

--------------------
This is not buying\selling recommendation. Do your own analysis before take any decision

4 Re: JKH 100/=....NEXT JANUARY..... on Tue Nov 22, 2016 8:12 am

shadow walker

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
@econ wrote:It is possible to hit 100 when those converted shares come to the market along with uncertain casino project.
 100 is too much.. we can expect 120 - 140

5 Re: JKH 100/=....NEXT JANUARY..... on Tue Nov 22, 2016 11:10 am

Lucky Gamage

avatar
Manager - Equity Analytics
Manager - Equity Analytics
jkh recovering... At 145 see the demand...

6 Re: JKH 100/=....NEXT JANUARY..... on Wed Nov 23, 2016 8:26 pm

Ryan Hudson


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
is it possible to buy jkh at 100

7 Re: JKH 100/=....NEXT JANUARY..... on Thu Nov 24, 2016 9:25 am

samaritan


Vice President - Equity Analytics
Vice President - Equity Analytics
@Ryan Hudson wrote:is it possible to buy jkh at 100
Possible. Last two days alone 1 million JKH shares sold by foreigners.

8 Re: JKH 100/=....NEXT JANUARY..... on Thu Nov 24, 2016 5:20 pm

Ryan Hudson


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Are u still saying the same?

9 Re: JKH 100/=....NEXT JANUARY..... on Sat Dec 03, 2016 7:35 am

Ryan Hudson


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Are you still expectin JKH @ 100 by January?

10 Re: JKH 100/=....NEXT JANUARY..... on Sat Dec 03, 2016 7:44 am

Ryan Hudson


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
JKH operates in sectors of
1. Ports and Shipping
2. Banking
3. Retail
4. IT & BPO
5. Tourism
6. Property
7. Insurance
8. Manufacturing
10. Office Automation
11. Travel
12. Tea brokering
13. Plantations
14. Electronics

Try to critically analyse this.

11 Re: JKH 100/=....NEXT JANUARY..... on Sat Dec 03, 2016 9:05 am

hettdas

avatar
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
This trend would go JKH  upto 165-170 level. Asha philip Technical-Report-Dec-2016  also says same.
Don't under estimate a share like JKH. For me JKH is the  best share in CSE.

12 Re: JKH 100/=....NEXT JANUARY..... on Sat Dec 03, 2016 10:43 am

Chinwi

avatar
Associate Director - Equity Analytics
Associate Director - Equity Analytics
100 , 200 or 500 will depend on how they manage and balance funding of the Big Project in coming years.

If they manage to pre-sell enough spaces and manage debt and accumulating loan interests   there will be no problem for JKH to recover in Stock market to previous levels.

I do not think any prolonged troubles for their other businesses in future except some effects from tax increases and possible small retard in local business volumes for few seasons.  

---
By the way I reproduce here what I suggested about JKH warrants 2 years ago  in another forum when they were trading @ 75/-  avr. and everybody were talking them as unstoppables at that time.

Re: Valuation ..... JKH Warrants
Post by chinwi on Tue Sep 09, 2014 10:27 pm


That shows the looming risk feeling in the minds of the investors about this warrant.

Last time N 250 , W 85
This time N 250 , W 75

Next time N 250, W 65 ?

Main concern in the amount involved.

Total amount needed to convert:
JKH22 - 8.1 billion in Nov 2015 - 13 months from now
JKH23 - 8.5 billion in Nov 2016 - 25 months


(questions asked by members:

Their rights issue was for 23 billion. Raising 8.1 billion, is it a big issue for JKH?  )

chinwi wrote :

Sometimes, it can become a problem for the people who collect  beyond their capacity if they don't dispose at the correct time.
Normally JKH W will go upwards in future and IF more and more retailers collect it  to sell at a higher price and create selling pressure at a critical time, the price can go down even when the N goes up.


( a member's suggestion:

The foreign fund that aggressively sell JKH during last few months may have accomplished the task by now.

If no further foreign selling pressure, JKH.N, W22 and W23 might give some adrenaline to the market. )

chinwi wrote :

I like the way you think...

I was thinking Completely opposite ! they sold what they got free of charge to our fools and took billions away ? I may be wrong.


A member wrote : "තල මල පිපිලා...." තුෂාන්(කැපිටල් ට්‍රස්ට්) කවද මල කපයිද දන්නේ නෑ.... (I think mr. marusira wrote this interesting idiom )

Chinwi wrote: තල මල පිපෙනව කියන්නෙ ගහත් විනාසයි ගමත් විනාසයි. මේ එහෙම එකක්  හිතල කිව්වෙ නෑ නේද ?

END.

Back to present:

Now we know JKH warrants became a 'Thala mala' for many of our investors destroying their wealth. Thala mala -  flower of Palmyra tree .

Thala tree takes many decades to grow and after the flower only for once in its lifetime and while producing thousands of small fruits the huge tree die off .  Due to this phenomena there is an idiom used by Sinhala people තල මල පිපිලා when they see something similar happens.

More about Thala mala for those who interested in nature.

 Palmyra palm referred  here is not the real palmyra palm grown in Jaffna Borassus flabellifer and other dry zone areas where they make Palmyra toddy ,  jaggery and young sprouts - kelengu- .

In Sinhala Palmyra Borassus flabellifer is called thal තල් . Palmyra thal palm never produce male and female flowers together in one tree. (dioecious). 4-7 inch Thal fruit is produced only in female trees. Sap can be collected from flowers of  both trees.


However, Palmyra is not the correct English name for this particular tree we used in තල මල පිපිලා story. ( I have seen this error in internet )

The plant refereed in  තල මල පිපිලා  is called තල thala and not තල් thal.
The botanical name is Corypha umbraculifera. It is called Talipot Palm in English.

Not like Palmyra, it is a monoecious plant where both female and male reproductive organs produced in the same tree. (like in coconut ).  This palm bears the largest inflorescence of any plant on Earth. It takes 40-80 years to flower and after flowering and producing thousands of small fruits (1 inch dia) the plant dies.

So after its long growth it goes to extravaganza display of its beautiful and huge flower but we know its end is also nearing with the big display.

Both plans are native to Sri Lanka and some parts of Asia.




තල මල පිපිලා  see the beautiful display  (c) Gayanath Pradeep

13 Re: JKH 100/=....NEXT JANUARY..... on Sat Dec 03, 2016 1:47 pm

roshana7549


Manager - Equity Analytics
Manager - Equity Analytics
Nice explanation chinwi. Thanks for the info about thala tree

14 Re: JKH 100/=....NEXT JANUARY..... on Sat Dec 03, 2016 4:20 pm

Teller

avatar
Moderator
This time JKH can move to 170+ levels

15 Re: JKH 100/=....NEXT JANUARY..... on Sat Dec 03, 2016 8:25 pm

jehovah

avatar
Equity Analytic
Equity Analytic
jkh 170+ giyoth hodai..... Shocked

16 Re: JKH 100/=....NEXT JANUARY..... on Wed Dec 07, 2016 6:16 pm

anges


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
valuation directs to around rs 90 ! but investers are buying at higher levels may be they know something we dont

17 Re: JKH 100/=....NEXT JANUARY..... on Thu Dec 08, 2016 8:52 am

EquityChamp

avatar
Moderator
Ohhhh. That's too much for a share like JKH. Why a seller want to sell it at 100 or 90 oh my god...

18 Re: JKH 100/=....NEXT JANUARY..... on Thu Dec 08, 2016 10:11 am

Steve Jansen


Senior Equity Analytic
Senior Equity Analytic
Those who believe that the JKH share will drop to Rs. 100, please sell your shares now, do not keep it with you. Some people when they want to buy shares at a cheaper rate post comments like this.

19 Re: JKH 100/=....NEXT JANUARY..... on Thu Dec 08, 2016 10:58 am

Gallardo


Manager - Equity Analytics
Manager - Equity Analytics
I agree! Some of these doomsday predictions are promoted to sow panic and fear.  Collection can be then done below NAV and at an undervalued PE ratio.   If these people are so negative then why are they in the market at all?  I'm not at all referring to anyone on this thread as I rather not think that of anyone here.  I'm also not saying people should be only positive either.  They need to be scientific, objective and factor in local and global circumstances.  They need to be balanced! Not pull a random number out of their whatever and say this will fall here, this will fall there.   Many happily predicted ASI at 2500 after the bubble burst in 2011.  They collected at around 5000 and then said ASI 10,000 with the UNP goverment.... These irresponsible statements weren't just unbalanced, they were unhinged.  Too many fearful or naive believers listened and acted like puppets on the manipulators strings.  

Anges can you update me on the Rs. 90 valuation for JKH, is it based on NAV or some other metric? I have collected below 150 and wish I got it below 140 but I couldn't see 90 happening to save cash for...

Conglomerates like JKH which are large, resilient with a long history and concentrated senior managerial talent have many options at their disposal.  Some worth mentioning are the Lakeside or CCS stakes which can be fully or part disposed for strategic reasons.   

By commenting on a thread titled JKH 100, we are inadvertently propagating a target figure for JKH that's as good as saying ASI will hit 4000 by Next January.   If so, what are we all doing here!?   Let's sell and buy back at 100 Very Happy    That may not have been the intent of the topic creator but it's certainly the direction people are inadvertently promoting by typing here, regrettably me included although not deliberate.

20 Re: JKH 100/=....NEXT JANUARY..... on Thu Dec 08, 2016 8:38 pm

Teller

avatar
Moderator
JKH will be surely 170+ . There is a hidden factor on it. Have you noticed gents?

21 Re: JKH 100/=....NEXT JANUARY..... on Thu Dec 08, 2016 11:48 pm

Chinwi

avatar
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Anges can you update me on the Rs. 90 valuation for JKH, is it based on NAV or some other metric? I have collected below 150 and wish I got it below 140 but I couldn't see 90 happening to save cash for...

I think based on PER. EPS 9/- 9 x 10 = 90/-

Somehow JHK always had higher PER than market.

22 Re: JKH 100/=....NEXT JANUARY..... on Fri Dec 09, 2016 6:58 am

EquityChamp

avatar
Moderator
Sector PE is now 15.5x and JKH 4Q trailing PE is 13.0x. So why it should come down Question

If compare with sector PE the share price should have been 188/- hmmmm.

Any way I can see the share to be upgraded to 160/- very soon.

23 Re: JKH 100/=....NEXT JANUARY..... on Fri Dec 09, 2016 8:55 am

Gallardo


Manager - Equity Analytics
Manager - Equity Analytics
Thanks everyone, always good to see a vibrant discussion and diverse viewpoints being vetted.  Any idea on who is collecting?

24 Re: JKH 100/=....NEXT JANUARY..... on Tue Jan 03, 2017 11:12 am

nigma


Manager - Equity Analytics
Manager - Equity Analytics
100 thawa tikaai.........

25 Re: JKH 100/=....NEXT JANUARY..... on Tue Jan 03, 2017 12:50 pm

PrasannaMani

avatar
Manager - Equity Analytics
Manager - Equity Analytics
@nigma wrote:100 thawa tikaai.........
139.50

26 Re: JKH 100/=....NEXT JANUARY..... on Tue Jan 03, 2017 11:27 pm

EquityChamp

avatar
Moderator
100ta gannada hithan inne?

27 Re: JKH 100/=....NEXT JANUARY..... on Wed Jan 18, 2017 10:06 pm

Quibit

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
JKH will reach its previous low of Rs 56/=

28 Re: JKH 100/=....NEXT JANUARY..... on Wed Jan 18, 2017 10:28 pm

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
menna awa quibita aduwata shares ganna boru danna.Aiyoo

29 Re: JKH 100/=....NEXT JANUARY..... on Wed Jan 18, 2017 10:34 pm

Quibit

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@nimantha80 wrote:menna awa quibita aduwata shares ganna boru danna.Aiyoo
I exited from the market when Yahapalanya came into power. I am predicting a power change as the pivotal point for any positive market direction. Next 12 months expect the worse.

30 Re: JKH 100/=....NEXT JANUARY..... on Thu Jan 19, 2017 6:59 am

soileconomy

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
@Quibit wrote:
@nimantha80 wrote:menna awa quibita aduwata shares ganna boru danna.Aiyoo
I exited from the market when Yahapalanya came into power. I am predicting a power change as the pivotal point for any positive market direction. Next 12 months expect the worse.
You are one of the few who was able to predict market condition correctly before the presidential election.
Your contribution is essential at this moment.

31 Re: JKH 100/=....NEXT JANUARY..... on Thu Jan 19, 2017 8:41 am

Ryan Hudson


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
I dont know about disaster but my portfolio value has risen 3 times during last two years

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