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Palm Garden Hotels Rights Issue 3:1 @ Rs. 55.00

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Palm Garden Hotels Rights Issue 3:1 @ Rs. 55.00

Post by Sriranga on Tue Aug 12, 2014 5:54 pm


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Re: Palm Garden Hotels Rights Issue 3:1 @ Rs. 55.00

Post by jiggysaurus on Tue Aug 12, 2014 6:04 pm

How the power of the PALM?

Nicely pumped from 80 to 120, ready for the rights dump.

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Re: Palm Garden Hotels Rights Issue 3:1 @ Rs. 55.00

Post by slstock on Tue Aug 12, 2014 6:41 pm

Oh no. Someone I know here is not going to be too happy.

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Re: Palm Garden Hotels Rights Issue 3:1 @ Rs. 55.00

Post by chinwi on Tue Aug 12, 2014 10:25 pm

Those days, 1 for 3 and prices go up with the announcement.

Nowadays , 3 for 1  Rolling Eyes

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Re: Palm Garden Hotels Rights Issue 3:1 @ Rs. 55.00

Post by Ukboy on Mon Feb 02, 2015 11:56 am

Looks like we will be able to buy PALM.N from the market sub 55.

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Re: Palm Garden Hotels Rights Issue 3:1 @ Rs. 55.00

Post by Ukboy on Mon Mar 23, 2015 11:17 pm

PALM is now trading 10% discount to right issue price.
More chance to go down further than up.

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Re: Palm Garden Hotels Rights Issue 3:1 @ Rs. 55.00

Post by Jana1 on Tue Mar 24, 2015 3:32 am

Ukboy wrote:PALM is now trading 10% discount to right issue price.
More chance to go down further than up.

One of the asset rich counter. But no profit growth at all. I am surprised how this entire group has suddently beacme lost makers. See Eden. Its price should be near Staf.N price. Now trading at half price...

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Re: Palm Garden Hotels Rights Issue 3:1 @ Rs. 55.00

Post by Ukboy on Tue Mar 24, 2015 12:38 pm

Now trading at sub 50. Ppl must be selling at a lost.

Regarding EDEN, I think they should go for a right issue.

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Re: Palm Garden Hotels Rights Issue 3:1 @ Rs. 55.00

Post by Ukboy on Fri May 22, 2015 12:21 am

This was a good buy around 45 due to lack of shares in the market plus news on agreement with a German tour company. However I'm not too sure about this new brand. Need to study a bit more.

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Re: Palm Garden Hotels Rights Issue 3:1 @ Rs. 55.00

Post by Ukboy on Thu Sep 10, 2015 11:11 am

Ukboy wrote:Now trading at sub 50. Ppl must be selling at a lost.

Regarding EDEN, I think they should go for a right issue.

Looks like PALM (same group) will have to come forward n subscribe all the EDEN rights.
PALM rights were also in similar situation few months back.

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