JKH Community

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Re: JKH Community

Postby PAT » Sat Mar 10, 2018 10:33 am

Sri Lanka John Keells unit gets land in logistics zone

ECONOMYNEXT – John Keells Logistics (Pvt.) Ltd., part of Sri Lanka’s John Keells Holdings group, will get two plots of land in a reclaimed part of the Muthurajawela marsh designated as a logistics zone.

The Cabinet of ministers this week approved a proposal by Minister of Megapolis and Western Development Patali Champika Ranawaka to lease the two blocks of land to John Keels Logistics for 30 years.

John Keells Logistics (Pvt.) Ltd. was the highest bidder when bids were called to lease out the two remaining land lots for logistic purposes.

The Muthurajawela area in Wattala has been identified as a part of the Logistics Zone being constructed under the Megapolis Plan of the Western Province.

Sri Lanka Land Reclamation and Development Corporation has reclaimed 400 acres of the marsh to be given for various projects.

(COLOMBO, March 09, 2018)
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Re: JKH Community

Postby Blue Whale » Sat Mar 10, 2018 11:37 am

Thanks PAT for the info.
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Re: JKH Community

Postby SHARK » Mon Mar 12, 2018 1:20 am

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Re: JKH Community

Postby Blue Whale » Mon Mar 12, 2018 7:06 am

Let's keep an eye with the volume rather than the price. Last few days price behavior was not supported by the volumes which usually the strong feature of this counter.
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Re: JKH Community

Postby SHARK » Mon Mar 12, 2018 3:10 pm

am bullish biase on JKH.

JKH SAMP and COMB should be good counters to bet on, in a rapid rise state :D
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Re: JKH Community

Postby SHARK » Wed Mar 14, 2018 12:39 am

just hold on to it. i see opportunity in jkh.
dont sell or be feared for games.
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Re: JKH Community

Postby Blue Whale » Wed Mar 14, 2018 6:56 am

Only concern is that they are currently in a pressurized situation in terms of earnings. Otherwise no issue at all.
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Re: JKH Community

Postby SHARK » Thu Mar 22, 2018 9:44 am

possibly we see ST downside price risk on the Weekly and Daily Charts :( (see recent chart and comments)

however MT opportunity to retest the recent highs again to break the bearish upper trend channel
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Re: JKH Community

Postby SHARK » Thu Mar 22, 2018 9:48 am

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Re: JKH Community

Postby Blue Whale » Thu Mar 22, 2018 9:52 am

Blue Whale wrote:Only concern is that they are currently in a pressurized situation in terms of earnings. Otherwise no issue at all.


My view is JKH can see a price correction due to the same reason but not crashing as foreigners are already in to collect at bargains.
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Re: JKH Community

Postby Investor from 1985 » Thu Mar 22, 2018 2:10 pm

Happy to see JKH today price ,...
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Re: JKH Community

Postby Shadow walker » Thu Mar 22, 2018 9:53 pm

PAT wrote:Sri Lanka John Keells unit gets land in logistics zone

ECONOMYNEXT – John Keells Logistics (Pvt.) Ltd., part of Sri Lanka’s John Keells Holdings group, will get two plots of land in a reclaimed part of the Muthurajawela marsh designated as a logistics zone.

The Cabinet of ministers this week approved a proposal by Minister of Megapolis and Western Development Patali Champika Ranawaka to lease the two blocks of land to John Keels Logistics for 30 years.

John Keells Logistics (Pvt.) Ltd. was the highest bidder when bids were called to lease out the two remaining land lots for logistic purposes.

The Muthurajawela area in Wattala has been identified as a part of the Logistics Zone being constructed under the Megapolis Plan of the Western Province.

Sri Lanka Land Reclamation and Development Corporation has reclaimed 400 acres of the marsh to be given for various projects.

(COLOMBO, March 09, 2018)





President orders to halt all construction at Muthurajawela

March 22, 2018 12:41 pm

-
President Maithripala Sirisena has ordered to cease all the activities of construction and fillings of land paving way for potential environmental harm, around the Muthrajawala Wetland Sanctuary.

He has ordered to revoke all the permits that has already been given by any government organization to fill any lands around the area, the President’s Media Division said.

The President has instructed relevant authorities to take disciplinary actions against the government officers who have already supported such acts which are harmful to the environment or those who are still giving assistance for such harmful actions.

Recently there have been several media reports on acts of environmental pollution that was occurring near Muthurajawala Sancturay which is a very important wetland in Sri Lanka.

In view of these reports, President Sirisena made a deep study on this issue and undertook an observational visit around the place around dawn today (March 22).

After the visit, the President held a special meeting with the ministers, government officers, as well as the Chiefs of security forces and issue those instructions.

President Sirisena also directed the officers to obtain legal advice to gazette these lands as wild life and environmental conservation regions.

The President said that even a land with ownership deed, permission should not be granted for constrictions or land filling, if there is an adverse effect on the environment. If there is any political influence behind such acts he would not hesitate to take immediate action them too, he said.

President Sirisena instructed the Inspector General of Police to provide special security through Special Task Force of the police and to erect barriers to the roads that leads to the wetlands in order to prevent the acts of environmental pollution taking place near the sanctuary.

President Sirisena ordered immediately to revoke the permits, if any, given by the Geological Survey and Mines Bureau to provide soil for the filling lands in this area



http://www.adaderana.lk/news/46526/president-orders-to-halt-all-construction-at-muthurajawela
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Re: JKH Community

Postby SHARK » Thu Mar 22, 2018 10:04 pm

we need to verify this infor if its related to JKH. If the paper was submited by Patali, then he was in the tour with prez. So idont think any effect to JKH
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Re: JKH Community

Postby Blue Whale » Fri Mar 23, 2018 7:24 am

Regardless of JKH involve or not I fully endorse the president decision. Development must not come at the expense of envirenment
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Re: JKH Community

Postby Shadow walker » Fri Mar 23, 2018 7:52 am

Blue Whale wrote:Regardless of JKH involve or not I fully endorse the president decision. Development must not come at the expense of envirenment


Muthurajawela.. :((


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Re: JKH Community

Postby Blue Whale » Fri Mar 23, 2018 9:12 am

Muthurajawela should be kept for waterbodies and it should not belongs to concrete structures [-x
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Re: JKH Community

Postby NC+ » Tue Apr 24, 2018 6:16 am

Japanese alliance adds Sri Lanka’s SAGT to new container shipping service

ECONOMYNEXT – Ocean Network Express, a new global container carrier alliance of three Japanese liner companies, has included Sri Lanka’s Colombo port in one of its loops with a maiden call at the private South Asia Gateway Terminals (SAGT).

Ocean Network Express (ONE), the mega carrier born out of the merger between NYK, MOL & K Line, launched the EC5 service in Colombo on 23rd April, 2018, a statement said.

The EC5 service loop is jointly operated by member carriers Yang Ming, Hapag-Lloyd, NYK and “K” Line, with a port rotation of Laem Chabang, Cai Mep, Singapore, Colombo, Halifax, New York, Savannah, Norfolk, Halifax, Dubai Jebel Ali, Singapore and back to Laem Chabang.

“SAGT’s operational capabilities have been frequently recognised on the global arena, and ONE’s choice to deploy the EC5 service is an endorsement of our performance capabilities,” said Upul Jinadasa, General Manager – Operations of SAGT.

Vishvanath Daluwatte, Managing Director of ONE Lanka, said ONE Lanka “looks forward to the partnership with SAGT and Port of Colombo to exceed customer expectations in Sri Lanka and in regional markets.”

The three lines NYK, MOL and K Line first announced the merger in November 2016 and commenced single joint operations in April 2018, making them the sixth largest carrier by size with nearly 7% market share.

The alliance has a fleet of 230 containerships and offers 85 service loops and a comprehensive network linking more than 200 of the world’s major ports.

John Keells Holdings is the main shareholder in South Asia Gateway Terminals, the first private container terminal, with other stakes held by Maersk/APM Terminals, Sri Lanka Ports Authority and Peony Investments, a subsidiary of Evergreen Marine Corporation.
(COLOMBO, April 23, 2018)
http://www.economynext.com/Japanese_all ... 443-6.html
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Re: JKH Community

Postby SHARK » Tue Apr 24, 2018 6:30 am

Back 160.... a game to collect. Whichever ways between 150~160 a trading set up is being masterminded !
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Re: JKH Community

Postby Blue Whale » Tue Apr 24, 2018 6:55 am

Rather I would say this is a setup to maintain the price @ 160 level. Havn't notice JKH falling back towards 150 in recent times.
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Re: JKH Community

Postby Blue Whale » Wed Apr 25, 2018 10:44 am

Trading @ 164/-. Are we to see the magical 170/- B-)
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Re: JKH Community

Postby Shadow walker » Wed Apr 25, 2018 10:47 am

we can expect massive profit from JKH for year ended 2018.03.31. With Union assurance profit share.. :D
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Re: JKH Community

Postby Blue Whale » Wed Apr 25, 2018 11:44 am

Shadow walker wrote:we can expect massive profit from JKH for year ended 2018.03.31. With Union assurance profit share.. :D

Even if not massive still they can report a good report this quarter.
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Re: JKH Community

Postby IOSirisena » Fri May 18, 2018 3:36 pm

JKH shares affected by hotel sector's tardy performance, Island, May 17, 2018,


Share prices of Sri Lanka's largest conglomerate, JKH, at the Colombo Stock Exchange (CSE) have dropped during the last few weeks due to the low performance of certain of its subsidiary companies, mainly in the hotel sector. Shares of Ceylon Cold Stores too have thus dropped. JKH shares recorded a 0.8 percent or Rs. 1.30 drop yesterday compared to the previous day. Yesterday, JKH shares traded at Rs. 157.70, while on the previous day they traded at Rs. 159 at the end of the day.


According to stock market sources, listed hotel sector counters are not performing well and JKH runs several leading hotels within the Group. The country's economic downturn has a ripple effect on companies, mainly those in the fast moving consumer goods manufacturing sector, sources said.

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Re: JKH Community

Postby sashimaal » Fri May 25, 2018 4:20 pm

"Knowledge is being aware of what you can do. Wisdom is knowing when not to do it" - Brian Tracy

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Re: JKH Community

Postby Shadow walker » Fri May 25, 2018 4:38 pm

Shadow walker wrote:we can expect massive profit from JKH for year ended 2018.03.31. With Union assurance profit share.. :D



As we expected JKH March quarter report shows a massive profit growth.. profit for the quarter - 11.2 Billion.. Mainly from Union assurance (UAL) one off gain.. :-B
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