ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

CBA Ceiba Investments Limited

24.50
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ceiba Investments Limited LSE:CBA London Ordinary Share GG00BFMDJH11 ORD NPV
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 24.50 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
21.00 28.00 24.50 24.50 24.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Investment Trust USD 23.23M USD 14.16M USD 0.1028 2.38 33.73M
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 24.50 GBX

Ceiba Investments (CBA) Latest News

Ceiba Investments (CBA) Discussions and Chat

Ceiba Investments Forums and Chat

Date Time Title Posts
04/10/202415:10::: CEIBA INVESTMENTS :::21

Add a New Thread

Ceiba Investments (CBA) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Ceiba Investments (CBA) Top Chat Posts

Top Posts
Posted at 21/11/2024 08:20 by Ceiba Investments Daily Update
Ceiba Investments Limited is listed in the Real Estate Investment Trust sector of the London Stock Exchange with ticker CBA. The last closing price for Ceiba Investments was 24.50p.
Ceiba Investments currently has 137,671,576 shares in issue. The market capitalisation of Ceiba Investments is £33,729,536.
Ceiba Investments has a price to earnings ratio (PE ratio) of 2.38.
This morning CBA shares opened at 24.50p
Posted at 18/3/2024 16:26 by davebowler
[...]


5 MARCH 2024 BY SEBASTIAAN BERGER
A good start to 2024. Update from the Manager
Meliá Trinidad Península during sunset
Meliá Trinidad Península during sunset
On 14 January 2024, the City of Trinidad, Cuba, commemorated the 510th anniversary of its foundation. As part of the official celebrations of the day, the Meliá Trinidad Península Hotel was officially opened by Cuba’s Prime Minister Manuel Marrero, the Minister of Tourism Juan Carlos Garcia and Gabriel Escarrer, President of Meliá Hotels International S.A. (“Meliá”). The hotel is a 401-room international 5-star beach resort hotel located on prime beachfront property within easy reach of the City, as well as of and the natural beauty of the Valle de los Ingenios and the Escambray mountain range.

The hotel features numerous swim-up pools, smart technology, 14 restaurants and bars and a YHI Spa. A substantial portion of the energy consumed by the hotel is generated on-site and stored through extensive combined solar panel and battery pack installations and is already being praised as one Cuba’s best hotels. The total investment made by the Cuban joint venture company TosCuba S.A. (“TosCuba̶1;) was approximately $79 million, of which $72 million was in construction cost. TosCuba received more than US$11 million in grants under the Spanish Cuban Debt Conversion Programme.

CEIBA Investments Limited (“CEIBA” or the “Company”;) has been the principal investor, lender and driving force behind this development and with the startup of operations CEIBA’s investment commitment has been concluded. Debt service under the construction facility is scheduled to begin in the second quarter of 2024. CEIBA has an interest of US$5.2 million (32.5%) in the share capital of TosCuba and a debt participation of US$41 million under the US$51.5 million construction facility.

The accompanying video was produced by our strategic partner, Meliá Hotels International S.A., to highlight the development and opening of the hotel.

Please accept cookies to access this content

The Company is very grateful for the tremendous collaborative efforts made by Jesús Hernández (President of TosCuba) and his team at the joint venture company, CEIBA’s team members in Havana and Madrid, Meliá, and the numerous national and international suppliers who made it possible to complete this ambitious project during and immediately following the great disruption caused by the Covid-19 pandemic. We are proud of this property and happy to begin welcoming visitors to this fascinating part of the island.
Posted at 23/2/2022 15:44 by rambutan2
And nav out today:

UNAUDITED NET ASSET VALUE PER SHARE AS AT 30 SEPTEMBER 2021

CEIBA Investments Limited, the largest international company solely dedicated to investing in Cuba, announces that its unaudited IFRS net asset value per share ("IFRS NAV") as at 30 September 2021 was USD 1.2967 (30 June 2021: USD1.3089).

Applying the GBP:USD exchange rate as at 30 September 2021 of USD1.3484/GBP1.00 (30 June 2021 USD1.3819/GBP1.00), the unaudited IFRS NAV in Sterling was GBP0.9616 (30 June 2021 GBP0.9472) per share.
Posted at 23/2/2022 15:43 by rambutan2
Gloomy in the sun:

2021 Year End and 2022 Outlook

The above-mentioned drop in tourism income from the hotels of Miramar and the expected lower valuations of both the hotel assets and the Miramar Trade Centre will have a negative impact on the Company's 2021 audited year end results that will be published at the end of April 2022.

However, if during the present year the Company is able to find a structural solution to create financial autonomy for Monte Barreto and international tourism continues to recover, and even more so if during 2022 the Biden administration takes steps to ease the Cuban embargo, at least as regards family remittances and U.S. travel, Cuba and CEIBA's liquidity position would greatly improve which in turn could lead to a much brighter outlook for the Company by the end of the year.
Posted at 24/11/2020 16:39 by rambutan2
Optimistic!

I bought a v few in the summer because I thought it looked v cheap even if Biden didn't win. The nav is very conservative and the balance sheet is strong. The div will get resumed at some point. It is a fairly unique vehicle. One day Cuba will come good and CBA will do very nicely.

Worth noting that HAST (in run down) held a decent stake which is still to be sold. So an overhang. Although perhaps there are instis out there who fancy some Cuba and that's why the board are seeking share issuance approval.
Posted at 11/3/2019 06:38 by jonwig
Citywire:

If you need a wide discount to tempt you to frontier markets, Ceiba Investment (CBA), a £131 million Cuban property fund investing in hotels and offices on the Caribbean island, is available at 19% below NAV, which compares to the 16% one-year average and gives it a Z-score of -2.2. Last year the fund’s long-standing investment team led by Sebastiaan Berger joined Aberdeen Standard Investments and in October raised £30 million listing on the London Stock Exchange. At the end of January it reported it had deployed the new money, repaying a bridging loan, investing in the merger of two hotel companies and contributed to the financing of the construction of a new 400-room hotel. It yields 4.7% and pays one dividend a year.

Latest quote was 92-98, no trades. A trap, I guess.
Ceiba Investments share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock