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Sri Lanka Equity Forum » Stock Market Talk » any one can tell, whats going on in anilana hotels?

any one can tell, whats going on in anilana hotels?

Go down  Message [Page 1 of 1]

sumanasiri


Stock Analytic
Stock Analytic
any one can tell whats going on in the anilana hotels,are they also going to bankrupt??

Steve Jansen


Senior Equity Analytic
Senior Equity Analytic
If you look at the history of Anilana Hotels announcements to CSC, its clearly visible that Asanga Seneviratne had been selling large amount of his shares from last year to March this year at regular intervals. May be he knew what was coming up.

This was followed by another massive loss in the 4th Qtr and now the carried forward loss increased to Rs. 1.7  Billion from the last year loss of Rs. 1.4Bn.No No No
Looks like the Banks are behind the Company for recovery.

It could be that the Hotel chain is poorly managed and If the trend continues the share price will be below Rs. 1 very soon. The Directors should be held responsible and answer the public for what has taken place.

sumanasiri


Stock Analytic
Stock Analytic
@Steve Jansen wrote:If you look at the history of Anilana Hotels announcements to CSC, its clearly visible that Asanga Seneviratne had been selling large amount of his shares from last year to March this year at regular intervals. May be he knew what was coming up.

This was followed by another massive loss in the 4th Qtr and now the carried forward loss increased to Rs. 1.7  Billion from the last year loss of Rs. 1.4Bn.No No No
Looks like the Banks are behind the Company for recovery.

It could be that the Hotel chain is poorly managed and If the trend continues the share price will be below Rs. 1 very soon. The Directors should be held responsible and answer the public for what has taken place.
thanks steve

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