CSD Community

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Value
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Re: CSD Community

Postby Value » Wed Jun 07, 2017 8:16 pm

I think it is the nature of thIs share. It has been behaving like this for quite sometime now

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Re: CSD Community

Postby Blue Whale » Thu Jun 08, 2017 7:22 am

This suppression has made it very difficult for the share to reach its true fair value.
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Re: CSD Community

Postby Apollo » Sat Jun 10, 2017 6:57 pm

Some of us couldn't get in time the rides of FLCH and BIL, although there is more room of upward movements for the two, especially BIL. I'm recently found some reasons to be bullish on CSD due to following reasons.
1. Already established property company. 100 % occupied by the parent SEYB, so no competition to find tenants.CSD continuously get upward revisions of rental income in recent years.
2. A debt free company
3. Property prices in Colombo are on the rise in rapid pace.
4.KDDP on board as the second largest shareholder
5. Recurrent EPS closer to 1/= per share without fair value gains.
6. Lavish dividend policy due to parent effect.
7. Most importantly, they recently disposed a prime land in union place with more than 700 million cash received. In Annual report, CEO mentioned that disposal income would be invested in fixed income securities as there are no immediate plans of new investments. Now interest rates are high and we know how JKH reports high EPS with it's cash pile. For CSD, Rs. 700 million is a big amount per share considering its share volume.

With all above I think CSD deserves more upward adjsutment, specially after the land deal. (Somewhat similar to FLCH). Welcome ideas of other members.

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Re: CSD Community

Postby Value » Sat Jun 10, 2017 7:40 pm

Appollo, good points that you have listed.

CSD will move slowly. However it cannot be compared with the run of FLCH which was very different.

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Re: CSD Community

Postby Apollo » Sat Jun 10, 2017 8:06 pm

Yes. not similar, but these developments could trigger a 20-25 % run from current levels if overall market trend is favourable in coming months.

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Re: CSD Community

Postby Value » Sat Jun 10, 2017 8:36 pm

That's a decent expectation. CSD will deliver super results in rest of the quarters of 2017.

FLCH had appreciated 300% (from bottom 0.9 to 3.6) and it had the required fundamental backing for such a incredible run. And it's not over yet imo.

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Re: CSD Community

Postby topcat » Fri Jul 07, 2017 1:17 pm

Some interest in the counter today..
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Re: CSD Community

Postby PAT » Fri Jul 07, 2017 1:19 pm

topcat wrote:Some interest in the counter today..


Yes, but still struggling to break 15 with big volume...... :-?
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Re: CSD Community

Postby ck+ » Fri Jul 07, 2017 5:36 pm

Technically getting bullish. But as pat said, need to clear 15 with good volume
disc: entered today .

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Re: CSD Community

Postby Value » Fri Jul 07, 2017 5:42 pm

CSD will start moving...and is due to

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Re: CSD Community

Postby Blue Whale » Fri Jul 07, 2017 9:50 pm

Happily waiting for a move to justify the value of it :-w
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Re: CSD Community

Postby Value » Mon Jul 10, 2017 11:24 am

CSD on the other hand..

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Re: CSD Community

Postby Blue Whale » Mon Jul 10, 2017 11:25 am

CSD target price will be close to 17/- and I can see a nice base is building around 15/- Fingers crossed for a huge break of many years' resistance. :ymsmug:
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Re: CSD Community

Postby Blue Whale » Mon Jul 10, 2017 11:34 am

52W high was 16.70/-.
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Re: CSD Community

Postby Blue Whale » Mon Jul 10, 2017 2:33 pm

Nicely build up order book by the end of the day's trading (genuine or fake) ;)
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Re: CSD Community

Postby NC+ » Tue Jul 11, 2017 6:16 am

from last month, but valid still. 16 is the Res we should look for...
NC+ wrote:Monthly chart:
16 is a Res and there's ascending triangle range from 9 to 16. Plus nice harmonic pattern.
Support around 13.
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Re: CSD Community

Postby Blue Whale » Tue Jul 11, 2017 10:30 am

Some interest is getting build up.
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Re: CSD Community

Postby newer1 » Tue Jul 11, 2017 11:25 am

Thanks NC+ for update.
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Re: CSD Community

Postby sashimaal » Tue Aug 01, 2017 5:43 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: CSD Community

Postby topcat » Tue Aug 01, 2017 6:08 pm

Thanks sash
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Re: CSD Community

Postby Blue Whale » Tue Aug 01, 2017 7:45 pm

Have they accounted the sale of land. Seems that they have straight away invested the sum received. The other investments have gone up by 700Mn. Also the Q2 other income shot up by 250% YoY. This should be returns from the investments.
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Re: CSD Community

Postby Value » Tue Aug 01, 2017 7:55 pm

Q2 other income must be including the profit on disposal of the property.

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Re: CSD Community

Postby Blue Whale » Wed Aug 02, 2017 10:06 am

Similar 'soda bottle' price reaction once again from CSD. Start encouragingly but suddenly the interest fade away.
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Re: CSD Community

Postby Blue Whale » Wed Aug 02, 2017 1:02 pm

Dumping continues @ 15/- :ymdevil:
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Re: CSD Community

Postby sashimaal » Wed Aug 02, 2017 1:04 pm

Buying continues :))


Blue Whale wrote:Dumping continues @ 15/- :ymdevil:
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