EAST Community

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Re: EAST Community

Postby PAT » Sat Mar 10, 2018 10:37 am

PAT wrote:
Blue Whale wrote:Few more analytics on the possible outcomes with updated numbers.
EAST Weligama.jpg

Benefits of cash proceeds to be considered.
Reduction in admin cost due to reduction in depreciation charges and reduction in interest cost due to reduction in borrowings to be considered.

Further on August 2016 the Weligama Hotel has made a private placement of 10Mn shares at Rs12/- per share.

Therefore chances are high that the deal will be concluded towards USD 65Mn USD of Enterprise Value.

:-? ;)


Thanks BW

If everything goes well after paying loans etc. ; I think EAST will get cash per share around Rs 21/=..... *-:)
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Re: EAST Community

Postby Shadow walker » Sat Mar 10, 2018 10:45 am

PAT wrote:
PAT wrote:
Blue Whale wrote:Few more analytics on the possible outcomes with updated numbers.
EAST Weligama.jpg

Benefits of cash proceeds to be considered.
Reduction in admin cost due to reduction in depreciation charges and reduction in interest cost due to reduction in borrowings to be considered.

Further on August 2016 the Weligama Hotel has made a private placement of 10Mn shares at Rs12/- per share.

Therefore chances are high that the deal will be concluded towards USD 65Mn USD of Enterprise Value.

:-? ;)


Thanks BW

If everything goes well after paying loans etc. ; I think EAST will get cash per share around Rs 21/=..... *-:)



:-?? :-?
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Re: EAST Community

Postby PAT » Sat Mar 10, 2018 10:49 am

Yet to determine the selling price

https://cdn.cse.lk/cmt/upload_cse_annou ... 91570_.pdf

USD 60/65M..... :-?
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Re: EAST Community

Postby SHARK » Sat Mar 10, 2018 11:15 am

viewtopic.php?p=67673#p67673

@NC - Asia 2000 Investment was holding 88.345.235 sole director was nahil wijesuriya.

he distributed to his children back in october 2017 at 12.40 purchased price. (pls refer disclosure)
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Re: EAST Community

Postby Blue Whale » Sat Mar 10, 2018 11:17 am

It's negotiations ne. Still negotiation dosen't mean the price is agreed. Let's study the price-volume relationship and trade till they finalize the deal. :-bd
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Re: EAST Community

Postby SHARK » Sat Mar 10, 2018 12:08 pm

The company has been very careful not to disclose price deliberation of their hotel properties to be sold.
Indirectly hinting final price would be after due diligence.

So as many of you stated clearly, we should be very careful and not to conclude by any recent paper articles.

best is to exercise caution.

as i said if you are already in from the bottoms, nothing to fear as you are in profits, those planning to enter at CMP, should be extremely careful and hope they asses risks and rewards and with exit plans in case trade goes opposite.

many thanks for everyone including blue,value,pat and others for their inputs. :ymhug:
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Re: EAST Community

Postby PATHFINDER » Sat Mar 10, 2018 6:30 pm

EAST passed 50 in 2011 with the construction of this Hotel.I see EAST have more fuel to go similar journey now.
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Re: EAST Community

Postby lukedesilva » Sat Mar 10, 2018 8:19 pm

I would urge prudent members to follow Shark's advice.

May sanity prevail.

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Re: EAST Community

Postby Blue Whale » Sat Mar 10, 2018 8:22 pm

Seeing our PF after a long time. Welcome to your thread bro. And you have reveal one thing I purposefully kept not disclosing . :ymsmug:

The announcement regarding price will come at the appropriate time because we need to have some time to trading ne :D
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Re: EAST Community

Postby Chanuth » Sat Mar 10, 2018 8:28 pm

lot of different ideas regarding east journey from senior fellows.Monday will be interesting day for
EAST.Thanks for all giving valuable analysis of this share.

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Re: EAST Community

Postby Shadow walker » Sat Mar 10, 2018 9:59 pm

Blue Whale wrote:Seeing our PF after a long time. Welcome to your thread bro. And you have reveal one thing I purposefully kept not disclosing . :ymsmug:

The announcement regarding price will come at the appropriate time because we need to have some time to trading ne :D





More time , more profit ... :D
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Re: EAST Community

Postby PAT » Sun Mar 11, 2018 11:21 pm

I hope / wish SP would come down below 23 on Monday

If so can try my luck ...... :D

(Please note that this is not a buy/sell/hold recommendation, DYOD)
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Re: EAST Community

Postby iF1985 JUNIOR » Mon Mar 12, 2018 1:26 am

PAT wrote:I hope / wish SP would come down below 23 on Monday

If so can try my luck ...... :D

(Please note that this is not a buy/sell/hold recommendation, DYOD)


I too love to have a wish like PAT, but very lover price... :ymdaydream:
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Re: EAST Community

Postby Blue Whale » Mon Mar 12, 2018 7:02 am

I think all will be happy if can get around 20 neda.
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Re: EAST Community

Postby PAT » Mon Mar 12, 2018 9:59 am

Look like bus not going to stop for tea

Rs 24.20
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Re: EAST Community

Postby Blue Whale » Mon Mar 12, 2018 10:06 am

Blue Whale wrote:
ruwa wrote:Tea break coming up?????


Yes. Who knows might be only for today :))


I said this ne :))
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Re: EAST Community

Postby iF1985 JUNIOR » Mon Mar 12, 2018 10:22 am

No comments... ~O)
"When a person with money meets a person with experience, the one with experience ends up with the money and the one with the money leaves with experience" :-!

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Re: EAST Community

Postby ck+ » Mon Mar 12, 2018 11:40 am

Nice predictions from BW. What is the fair target we can hope? 30 Rs.??
Like to know the opinions of BW and Value.

Disc: Holding.

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Re: EAST Community

Postby Value » Mon Mar 12, 2018 12:29 pm

ck+ wrote:Nice predictions from BW. What is the fair target we can hope? 30 Rs.??
Like to know the opinions of BW and Value.

Disc: Holding.


EAST has the potential of reaching the price you mentioned. A correction is possibly in such a journey.

Faster the company comes up with the details of finalised deal, the better it is for the shareholders who are already in. If things get late, EAST might see a notable correction, possibly towards 20.

As per the deal price appeared in news articles, EAST is worth minimum about Rs. 28 to 30. However such will not be achieved until an official confirmation from the company reaches the shareholders.

East has much lesser liquidity now, which is a plus.

Disc: Holding, this is not a buy or sell recommendation

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Re: EAST Community

Postby ck+ » Mon Mar 12, 2018 12:37 pm

Thanks value. Very clear and unbiased explanation.. :ymhug:

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Re: EAST Community

Postby matrix » Mon Mar 12, 2018 12:46 pm

thanks value. some correction now?? may be giving good entry points..
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Re: EAST Community

Postby PAT » Mon Mar 12, 2018 1:25 pm

Thanks Value

Close to 4 million traded so far around 24
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Re: EAST Community

Postby SHARK » Mon Mar 12, 2018 1:34 pm

when you see vicks appearing on daily charts.... be careful :)

we might see possible sellers appearing ...

as Val correctly said if the finalised deal not out.... retailers with herd mentality get out to cut losses.

happy for those in with gains.

not holding and will not own for next forseable time period (3M)
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Re: EAST Community

Postby Blue Whale » Mon Mar 12, 2018 2:28 pm

My gut feeling is that someone is collecting in big numbers without allowing the price to get sky rocketed. Thursday movement was based on the announcement but Friday as well as today trading pattern is more towards a well planned collection. If I am right then the collector is a person with a fairly high degree of information than anybody of us. Be ready for any blast by keeping some in your hands. ;)
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Re: EAST Community

Postby PAT » Mon Mar 12, 2018 2:32 pm

Blue Whale wrote:My gut feeling is that someone is collecting in big numbers without allowing the price to get sky rocketed. Thursday movement was based on the announcement but Friday as well as today trading pattern is more towards a well planned collection. If I am right then the collector is a person with a fairly high degree of information than anybody of us. Be ready for any blast by keeping some in your hands. ;)


Good observation BW :-bd
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