Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit a Post
Submit Post
Submit Post
Latest topics
» lOFC definitely will hit 6/-
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyToday at 12:35 am by Promoney

» REXP TIME TO MOVE Rs 450 why??????
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyYesterday at 11:30 pm by Bakka1988

» Common trading mistakes: part two
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyYesterday at 11:29 pm by freeforexsignals2020

» Will NEST reach 15000 one day?
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyYesterday at 11:16 pm by Bakka1988

» cargo boat
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyYesterday at 9:15 pm by abey

» what's going on in CITW?
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyYesterday at 9:12 pm by abey

» ARPICO INSURANSE
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyYesterday at 8:20 pm by wisdom79

» SOFTLOGIC LIFE INSURANCE PLC
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyYesterday at 8:11 pm by wisdom79

» VPEL.N Any good news..?
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyYesterday at 8:04 pm by wisdom79

» COLOMBO TELEGRAPH
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyYesterday at 6:18 pm by kumarweerarathne

» top gainers
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyYesterday at 6:01 pm by abey

» IT professionals lash out at Sajith for misleading public
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyYesterday at 2:55 pm by ChooBoy

» Survey on Stock Market Practitioners..!! (TO: Stockbrokers,advisors,practicitioners. Value your support..!!)
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyYesterday at 12:46 pm by gayani2018

» DIST.N0000
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyYesterday at 12:44 pm by Invest2018

» FORUM NEW OUTLOOK: Give your comments and suggestions
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyYesterday at 10:05 am by Sstar

» Teller New Pr diction
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptySat Oct 12, 2019 10:52 pm by fireshelter

» GREG - CITW- BFN - BALA - MAL- LDEV - ACME Pump and & Dump Train soon
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptySat Oct 12, 2019 10:05 pm by mahasona2

» what happend to COMB
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptySat Oct 12, 2019 7:43 pm by kumarweerarathne

» Day trading can be a very profitable venture
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptySat Oct 12, 2019 5:47 pm by Asoka Samarakone

» Rexp ලාභය සියයට 35 කින් ඉහළ යයි
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptySat Oct 12, 2019 1:58 pm by jaya

» WHY MANY CASES POSTPONE?
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptySat Oct 12, 2019 12:03 pm by Arrowrisk

»  Investing in Govt. securities today riskier than Greece bonds. Rating ‘True and Correct’
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptySat Oct 12, 2019 11:21 am by ChooBoy

» CSE from Dawn of Peace to Rebirth of Terrorism
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptySat Oct 12, 2019 11:17 am by ChooBoy

» OUR LOST DIGNITY
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptySat Oct 12, 2019 10:18 am by jaya

» Target Price Prediction
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptySat Oct 12, 2019 10:05 am by jaya

» EAST PRICE SAME
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptySat Oct 12, 2019 8:39 am by Invest2018

» Start of a bull market
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyFri Oct 11, 2019 11:53 pm by Rare

» Royal Ceramis . RCL.N000
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyFri Oct 11, 2019 5:08 pm by ThilinaM

» THE CASE FOR A BEAR MARKET IN THE USD
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyFri Oct 11, 2019 3:26 pm by samaritan

» Positive News
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyFri Oct 11, 2019 2:47 pm by samaritan

» GREG & DPL
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyFri Oct 11, 2019 2:41 pm by Hewagak

» SCRAPS up....
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyFri Oct 11, 2019 1:05 pm by Hewagak

» Look PAP Amazing company
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyFri Oct 11, 2019 12:58 pm by roshan1039

» Citrus group and colombo land
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyFri Oct 11, 2019 12:43 pm by wbslstocks

» Access (AEL) seems to give us good return during next 05 months
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyFri Oct 11, 2019 11:50 am by EPS

» TKYO X Target prce Rs.32.50
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyFri Oct 11, 2019 7:52 am by bhanu

» REXP TIME TO MOVE Rs 450
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyFri Oct 11, 2019 3:51 am by Bakka1988

» KZOO . N0000 - wILL HIT TO RS. 5 LEVELS
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyThu Oct 10, 2019 11:37 pm by Cma

» FORMER CENTRAL BANK GOVERNOR UNFOLDS 12-POINT REVIVAL PLAN
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyThu Oct 10, 2019 9:47 pm by Quibit

» Please Help
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyThu Oct 10, 2019 7:47 pm by kumarweerarathne

» RENUKA CAPITAL PLC KZOO.N0000@2.80
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyThu Oct 10, 2019 6:51 pm by fireshelter

» CONSTRUCTION SECTOR - PORT CITY UPDATES
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyThu Oct 10, 2019 4:48 pm by sureshot

» Look APLA its trending to 98LKR
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyThu Oct 10, 2019 2:25 pm by Uaecoindubai

» ලංකාවේ economic moat Organization.
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyThu Oct 10, 2019 1:59 pm by dhaneenja

» BIL deal eka sidu nowana bawa karunikawa dannwa sitimi
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyThu Oct 10, 2019 12:54 pm by Bakka1988

» Kzoo (Renuka Capital) Hidden Gem Why?
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyThu Oct 10, 2019 12:20 pm by Trader321

» SLPP BRINGING MARKET DOWN
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyThu Oct 10, 2019 12:02 pm by sureshot

» bil is performing
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyThu Oct 10, 2019 11:16 am by De23

» ACCESS ENGINEERING SHARE PRICE FORECAST
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyWed Oct 09, 2019 9:37 pm by EPS

» BIL පුපුරා යාමට ආසන්නයි
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyWed Oct 09, 2019 6:01 pm by Winner123

» Sri Lanka unemployment rate edges up 2019 2Q
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyWed Oct 09, 2019 4:44 pm by God Father

» Cautionary Notice issued by the Securities and Exchange Commission of Sri Lanka (SEC)
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyWed Oct 09, 2019 4:31 pm by Uaecoindubai

» SLFP SPLIT INTO TWO
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyWed Oct 09, 2019 3:20 pm by samaritan

» AFTER LONG TIME ENTER WITH KZOO
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyWed Oct 09, 2019 2:33 pm by Trader321

» අජිත් නිවාඩ් කබ්රාල් හිටපු මහබැංකු අධිපතිවරයා ඉදිරිපත් කල ආර්ථිකය නැවත නංවාලීම සඳහා දොළොස් වැදෑරුම් සැලසුම*
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyWed Oct 09, 2019 2:05 pm by God Father

» About OVERSEAS REALTY (CEYLON) PLC (OSEA.N)
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyWed Oct 09, 2019 1:59 pm by Arrowrisk

» NEST ලාභය දෙගුණ කරගනී
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyWed Oct 09, 2019 12:41 pm by De23

» We need an economic model that works for people and the planet
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyWed Oct 09, 2019 12:26 pm by Rare

» ACAP GOOD LEVEL TO ENTER PREDICT 10 or EVEN MORE
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyWed Oct 09, 2019 11:23 am by NZ BOY

»  ආර්ථිකය නැවත නංවාලීම සඳහා දොළොස් වැදෑරුම් සැලසුම
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyTue Oct 08, 2019 11:47 pm by Eng Krishantha

» AEL up or down?
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyTue Oct 08, 2019 8:52 pm by EPS

» EAST WEST PROPERTIES PLC
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyTue Oct 08, 2019 3:49 pm by nuwanmja

» Lookout for RCL
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyTue Oct 08, 2019 1:32 pm by ddrperera

» REXP***REXP***REXP***REXP
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyTue Oct 08, 2019 12:59 pm by Bakka1988

» Security for Viyangoda, Thenuwara
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyTue Oct 08, 2019 12:43 pm by soileconomy

» Country needs corruption free people’s government – President
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyTue Oct 08, 2019 11:08 am by Arrowrisk

» ‘Manawa’ seeks clarification on Gota’s documents from Elec. Com.
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyTue Oct 08, 2019 10:27 am by CITIZEN

» SAJITH TO BE NAMED AS THE UNP CANDIDATE
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyTue Oct 08, 2019 9:56 am by samaritan

» EAST WEST REPORT
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyTue Oct 08, 2019 9:18 am by Ahcha

» Greg අශ්වයා ධාවනය වීමට නියමිතයි
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyMon Oct 07, 2019 12:34 pm by Bakka1988

» Beware of the Stock Market Mafia
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyMon Oct 07, 2019 10:53 am by soileconomy

» සජීවී තොරතුරු පෙලගැස්ම - GR Case
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptySun Oct 06, 2019 7:02 pm by samaritan

» Gotabaya: The Same Old Wine in a New Bottle
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptySun Oct 06, 2019 1:46 pm by samaritan

» Who is Ajith Nivard Cabraal?
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptySun Oct 06, 2019 1:42 pm by samaritan

» How stock brokers misled investors in 2011
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptySun Oct 06, 2019 1:35 pm by samaritan

»  ඉතිහාසයේ රනින් ලියැවෙන තීන්දුව ගනී.. ගෝටා වෙනුවෙන් පොහොට්ටුවට සහාය දෙන්න ජනපති එකග වේ… දැන් ගෝටා අත උඩ ලක්‍ෂ 65යි..
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptySun Oct 06, 2019 12:14 am by rukshan1234

» where to get real ielts,pte india((Whatsapp:+1 (484) 416-6687))
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptySat Oct 05, 2019 11:25 pm by agent

» (40 more needed) Please help by filling the questionnaire on the stock market investor behavior in the Sri Lankan share market
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptySat Oct 05, 2019 9:57 am by gayani2018

» SPEN.N0000 ? Is it okry t buy at this level?
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyFri Oct 04, 2019 7:08 pm by sameboy

» About DEALINGS BY DIRECTORS... Question?
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyFri Oct 04, 2019 12:51 pm by dhaneenja

» EAST WEST
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyFri Oct 04, 2019 10:09 am by CITIZEN

» EAST WEST STRONG
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyFri Oct 04, 2019 9:43 am by Ahcha

» NDB share price forcast
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyFri Oct 04, 2019 8:42 am by chandanaplus@gmail.com

» NDB share price forcast
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyFri Oct 04, 2019 8:18 am by chandanaplus@gmail.com

» ගෝඨාභය නඩුවෙන් නිදහස්
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyThu Oct 03, 2019 3:56 pm by Beta1

» SLPP SUBSTITUTE READY...
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyThu Oct 03, 2019 3:56 pm by Hewagak

» Presidential election vote..Who will win? POLL
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyThu Oct 03, 2019 11:43 am by Arrowrisk

» Invest in what you know and produce profits.
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyThu Oct 03, 2019 9:24 am by Asoka Samarakone

» Research And Analysis Wing and Central Intelligence Agency is not yet finalised its plan here
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyThu Oct 03, 2019 7:24 am by soileconomy

» Vision ,Plan,Capabilities should posses by 2020 president in SL
Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) EmptyThu Oct 03, 2019 7:16 am by soileconomy

Advertise

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD)

Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD)

Go down  Message [Page 1 of 1]

Analytic

Analytic
Equity Analytic
Equity Analytic
Seylan Development PLC (CSD) fully owned subsidiary of Seylan Bank PLC is yet to make profits for a financial quarter despite most other post war companies making phenomenal profit records.

There are two main reason for this dismal performance.

a) Rental Income remained static during the year except slight improvement despite appreciation property and rental yields. Seylan Bank the main tenant and the majority shareholder of CSD seems to have unfairly negotiated its tenancy agreement and not paid the market rentals to the CSD.

b) Despite reduction of interest rates during last two years, interest cost incurred by CSD remain almost unchanged indicating that loans have not adequately been re-negotiated by the of the management of the company. CSD had paid massive Rs 109 mn as finance cost for the 9 months ended 30 September 2010 for a total interest bearing borrowings of approximately Rs 450mn. (Refer latest quarterly accounts published on the CSE website)

Further find below some of the inter company transaction carried out between Seylan Bank and CSD in the past supporting the caption of this post..

Seylan Bank (SEYB) continue to rip Seylan Development PLC (CSD) Csd13


Market Performance

Seylan Development PLC (CSD) continue to attract investor interest in the Colombo Stock Exchange due to the fact that share is trading at a considerable discount to its Book Value (BV)/Net Asset Value (NAV). Book Value of CSD as at 30 September 2010 is approximately Rs 27.80 per share whilst the market price of the share is around Rs 18/=.

Investors have considerable future upside in this share as a result of the expected escalation of real estate prices and rental yields in colombo provided that minority shareholders are in a position to steer the company out of the majority influence.

http://www.srilankaequity.com

Avril

Avril
Equity Analytic
Equity Analytic
I think key shareholders like Dr Senthilveil and Dammika Perera will ensure that Seylan Bank will handle this matter professionally. Mr Eastman Narangoda is straight like an arrow.

Back to top  Message [Page 1 of 1]

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