The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» ඩොලරයේ විකුණුම් මිල රු. 167 ඉක්මවයි
Today at 6:11 pm by serene

» ඩොලරයේ විකුණුම් මිල රු. 164 ඉක්මවයි
Yesterday at 2:42 pm by yellow knife

» BLI.N0000 ( Bimputh Finance PLC )
Yesterday at 10:47 am by yellow knife

» UAL.N0000 ( UNION ASSURANCE PLC )
Sun Sep 16, 2018 6:13 pm by Senarath67

» අනං මනං! #/+?.<>
Sun Sep 16, 2018 11:31 am by Yin-Yang

» CAL Securities Facilitates First Cross-Border Share Transaction by a Sri Lankan Stockbroker
Sat Sep 15, 2018 11:04 pm by serene

» මහ බැංකුව රු. බිලියන 60 ක බැඳුම්කර විකුණයි
Fri Sep 14, 2018 12:48 pm by Ethical Trader

» ඩුනාමිස් කොටස් මිල 90% කින් ඉහළට. වැඩි අයිතිය ජනශක්ති අත්පත් කර ගනී
Fri Sep 14, 2018 7:49 am by serene

» නිදහස ලැබීමෙන් පසු රු. ට්‍රිලියන 1.9 ක වැඩිම ණය ආපසු ගෙවීම මෙම වසරේ දී – මංගල
Thu Sep 13, 2018 6:44 pm by Ethical Trader

» ණය අපසු ගෙවීමට අඩු පීඩාකාරී ප්‍රතිපත්ති විකල්ප පවතින්නේ නම් සමාජ වියදම් කපා හැරීම නොකළ යුතුයි – UN විශේෂඥයා පවසයි
Wed Sep 12, 2018 6:14 pm by Ethical Trader

» Banking Sector Outlook-
Wed Sep 12, 2018 8:17 am by serene

» Dividend Announcement
Tue Sep 11, 2018 7:45 am by serene

» Sri Lankan central bank rejects currency crisis report
Tue Sep 11, 2018 7:31 am by serene

» LOFC Initiating Coverage - STRONG BUY - 29 03 17 - FC Research
Sat Sep 08, 2018 1:53 am by stockback

» අසාමාන්‍ය කොටස් මිල උච්ඡාවචනය ගැන MTD Walkers කරුණු පහදයි
Wed Sep 05, 2018 6:26 pm by Ethical Trader

» ශ්‍රී ලංකා රුපියල
Wed Sep 05, 2018 6:24 pm by Ethical Trader

» සුමල්ගේ සමාගමට කැබිනට් අනුමැතිය. රුපියල් බිලියන 2.7 ක නිවාස ව්‍යාපෘතියක්
Wed Sep 05, 2018 6:22 pm by Ethical Trader

» ධම්මික ලංකා සෙරමික් සභාපති ධූරයෙන් ඉල්ලා අස්වෙයි
Wed Sep 05, 2018 2:26 pm by nihal123

» Sri Lanka car registration up in July, tax not yet hit
Mon Sep 03, 2018 5:14 pm by Ethical Trader

» 2018 මාස 08 කදී කොළඹ කොටස් 4.54% කින් පසුබසී
Mon Sep 03, 2018 5:11 pm by Ethical Trader

» Sri Lanka rupee ends steady, stocks flat
Mon Sep 03, 2018 7:26 am by The Invisible

» Sri Lanka's August inflation in Colombo hits 5.9-pct
Mon Sep 03, 2018 7:24 am by The Invisible

» ජනාධිපතිවරණයට තවත් අපේක්ෂකයෙක්. සුමල්, ධම්මිකව යෝජනා කරයි VIDEO August, 30, 2018
Mon Sep 03, 2018 7:22 am by The Invisible

» Pictures & Stories ........
Sat Sep 01, 2018 6:57 pm by malanp

» සිංහ රෝහලට අසාධ්‍යයි
Fri Aug 31, 2018 7:56 pm by nihal123

» මාස 06 කදී වෙළෙඳ හිඟය ඩොලර් මිලියන 5,700 ඉක්මවයි
Tue Aug 28, 2018 8:01 pm by spw19721

» Billionaire Ashok Pathirage controlled Asiri Health to launch an MBBS degree Program
Tue Aug 28, 2018 5:26 pm by Ethical Trader

» දිගින් දිගටම වැඩි වෙමින් ඇති උද්ධමනය ගැන ආර්ථික විශේෂඥයින් අනතුරු අඟවයි
Mon Aug 27, 2018 11:47 am by Ethical Trader

» මැල්කම් ටර්න්බුල් පහකිරීමෙන් පසු ඕස්ට්‍රේලියාවේ අගමැති ධූරයට ස්කොට් මොරිසන්
Fri Aug 24, 2018 6:06 pm by Ethical Trader

» Sri Lanka rupee opens at new low, stocks gain 0.15-pct
Fri Aug 24, 2018 5:55 pm by Ethical Trader

» Sri Lanka's John Keells fine-tunes hotel strategy
Fri Aug 24, 2018 5:53 pm by Ethical Trader

» Sri Lanka's The Finance struggle to recover Ceylinco assets
Fri Aug 24, 2018 5:51 pm by Ethical Trader

» Sri Lanka increases planting subsidies for rubber
Thu Aug 23, 2018 10:34 am by The Invisible

» Sri Lanka eyes Euro, Yen and Renminbi bonds to cut costs
Thu Aug 23, 2018 10:33 am by The Invisible

» Sri Lanka to start first boat service in Colombo canals with navy
Thu Aug 23, 2018 10:32 am by The Invisible

» ලොකුම සමාගම් ලැයිස්තුව අලුත් වෙයි. ජෝන් කීල්ස් අභිබවා CTC අංක 1 ට
Thu Aug 23, 2018 8:41 am by Ethical Trader

» යෙන්, යුවාන්, යූරෝ බැඳුම්කර අලෙවියට ආණ්ඩුවේ සූදානමක්
Thu Aug 23, 2018 8:39 am by Ethical Trader

» හැරී ගේ මීළඟ ඉලක්කය
Wed Aug 22, 2018 5:23 pm by Ethical Trader

» Sri Lanka pension fund to value hotel stake eyed by HPL Hotels
Wed Aug 22, 2018 11:29 am by The Invisible

» Sri Lanka's Hemas Holdings profitability seen improving: Fitch
Wed Aug 22, 2018 11:27 am by The Invisible

» Sri Lanka's LMF to invest Rs2bn in new dairy farm
Wed Aug 22, 2018 11:26 am by The Invisible

» Sri Lanka’s national inflation accelerates to 3.4-pct in July
Wed Aug 22, 2018 11:23 am by The Invisible

» Sri Lanka rupee ends at new low, stocks flat
Wed Aug 22, 2018 11:22 am by The Invisible

» Elsewhere vs SL : Honesty, Social responsibility , Word twisting and Decency
Tue Aug 21, 2018 11:00 pm by Expert

» මහජන බැංකුවෙන් ජෙහාන් ගේ සමාගමට දුන් රු. බිලියන 10 ගැන මහ බැංකුව මෙසේ කියයි
Tue Aug 21, 2018 9:26 pm by Rana

» මැරියට් ආයෝජනයෙන් ඉවත් වන්නේ ප්‍රමාණවත් ප්‍රතිලාභයක් ලැබුණොත් පමණයි – EPF අවධාරණය කරයි
Tue Aug 21, 2018 6:07 pm by Ethical Trader

» Sri Lanka to charge 7-pct tax from banks on added value
Mon Aug 20, 2018 5:51 pm by Ethical Trader

» Sri Lanka rupee opens weaker, stock gain
Mon Aug 20, 2018 5:49 pm by Ethical Trader

» Sri Lanka's EPF delay holding up hotel sale: East West
Mon Aug 20, 2018 5:49 pm by Ethical Trader

» Sri Lanka hotel room price controls not removed: Minister
Mon Aug 20, 2018 5:46 pm by Ethical Trader

September 2018
SunMonTueWedThuFriSat
      1
2345678
9101112131415
16171819202122
23242526272829
30      

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Hemas Holdings Rights Issue 1:9 @ Rs. 72/=

Go down

Hemas Holdings Rights Issue 1:9 @ Rs. 72/=

Post by Sriranga on Sun Feb 22, 2015 5:29 am


http://www.cse.lk/cmt/upload_cse_announcements/9061424428339_.pdf



Hemas to raise over Rs. 4.1 bn. through rights issue

Hemas Holdings PLC, a diversified conglomerate quoted on the Colombo Stock Exchange is seeking a cash infusion of over Rs. 4.1 billion through a rights issue of nearly 57.3 million new shares to be issued in proportion of one new share for every nine held at a price of Rs. 72 per shares.

In a Stock Exchange filing made on Friday, Hemas said that it intends to use the proceeds of the rights issue, which will be subject to shareholder approval at a general meeting and the agreement of the CSE in principle, will be used "to pursue strategic investment opportunities in the core sectors of the group."

Hemas currently has a stated capital of slightly over Rs. 1.6 billion comprising nearly 515.3 million ordinary shares.

The group’s current businesses include fast moving consumer goods (FMCG), healthcare, leisure, transportation and others.

The Hemas share closed on Friday at Rs. 85.
www.island.lk

_________________
"Investing is easy to learn, but it takes a lifetime to master."
avatar
Sriranga
Veteran
Veteran

Posts : 3226
Join date : 2014-02-23
Location : Colombo

http://sharemarket-srilanka.blogspot.co.uk/

Back to top Go down

Re: Hemas Holdings Rights Issue 1:9 @ Rs. 72/=

Post by Sriranga on Sun Feb 22, 2015 6:15 am

HHL Price from IPO todate


Return at a glance from IPO todate

_________________
"Investing is easy to learn, but it takes a lifetime to master."
avatar
Sriranga
Veteran
Veteran

Posts : 3226
Join date : 2014-02-23
Location : Colombo

http://sharemarket-srilanka.blogspot.co.uk/

Back to top Go down

Re: Hemas Holdings Rights Issue 1:9 @ Rs. 72/=

Post by smallville on Sun Feb 22, 2015 8:01 am

Sri - where do u get that link to get a chart and do what if calc?

_________________
I take risks as a Trader and I select stocks based on Tech and daily Cash in/out. Therefore, my methods may not suit u.. so DYO analysis before making any decisions.
avatar
smallville
Top contributor
Top contributor

Posts : 1723
Join date : 2014-02-23
Location : Trying to figure out..

Back to top Go down

Re: Hemas Holdings Rights Issue 1:9 @ Rs. 72/=

Post by Sriranga on Sun Feb 22, 2015 8:15 am

http://markets.ft.com/research/Markets/Tearsheets/Summary?s=hhl.N0000:CSE

Select Interactive chart. ( We can get so many option here)

Then select period. (I selected Max)

Then in tools drop down menu select "What I have invested?"

Note: Just change the CSE symbol in the above link for other counters.
Ex: To get info regarding JKH

http://markets.ft.com/research/Markets/Tearsheets/Summary?s=JKH.N0000:CSE

_________________
"Investing is easy to learn, but it takes a lifetime to master."
avatar
Sriranga
Veteran
Veteran

Posts : 3226
Join date : 2014-02-23
Location : Colombo

http://sharemarket-srilanka.blogspot.co.uk/

Back to top Go down

Re: Hemas Holdings Rights Issue 1:9 @ Rs. 72/=

Post by Market R on Sun Feb 22, 2015 12:30 pm

@sriranga, Thanks for the link. Very useful Smile
avatar
Market R

Posts : 221
Join date : 2015-01-07

Back to top Go down

Re: Hemas Holdings Rights Issue 1:9 @ Rs. 72/=

Post by The Alchemist on Sun Feb 22, 2015 12:58 pm

Very smart move by the owning family.
bring in Enderby, get confidence of Foreign Investors, drive up share by over 100 %, come up with pricey rights to fund future development and then last step ? sell their rights  totally approx 55 million share rights @ ......? or at least partly maybe.  

i will bet that the owners will not take up their  (Rights) entitlement and will choose to sell their rights. may have lined up potential buyers.

so you kill 3 birds with one stone.

a. company gets cash for development / settling debts.
b. owners get some chips off the table at good price / value.
c. share liquidity is enhanced.

win win win ?!

The Alchemist
Top contributor
Top contributor

Posts : 577
Join date : 2014-02-25

Back to top Go down

Re: Hemas Holdings Rights Issue 1:9 @ Rs. 72/=

Post by slstock on Sun Feb 22, 2015 2:50 pm

If they are actually thinking like you they are smart.

HHL was one of the most boring shares during 2010/2011. Now they have made up (maybe too much)


The Alchemist wrote:Very smart move by the owning family.
bring in Enderby, get confidence of Foreign Investors, drive up share by over 100 %, come up with pricey rights to fund future development and then last step ? sell their rights  totally approx 55 million share rights @ ......? or at least partly maybe.  

i will bet that the owners will not take up their  (Rights) entitlement and will choose to sell their rights. may have lined up potential buyers.

so you kill 3 birds with one stone.

a. company gets cash for development / settling debts.
b. owners get some chips off the table at good price / value.
c. share liquidity is enhanced.

win win win ?!

_________________
Never listen to anyone including myself without your own study. Only few truly genuine people exist in this world.
Please read : http://forum.lankaninvestor.com/t1548-important-warning-and-message
---------

If someone finds an Avatar of me in cyberspace commenting and you are unsure, Keep asking deeper questions until you are satisfied to distinguish between the Real and the Avatar. The real answers questions directly and deeply Wink

---------
avatar
slstock
Veteran
Veteran

Posts : 5220
Join date : 2014-06-12

Back to top Go down

Re: Hemas Holdings Rights Issue 1:9 @ Rs. 72/=

Post by Jana1 on Sun Feb 22, 2015 4:07 pm

slstock wrote:If they are actually thinking like you they are smart.

HHL was one of the most boring shares during 2010/2011. Now they have made  up  (maybe too much)


The Alchemist wrote:Very smart move by the owning family.
bring in Enderby, get confidence of Foreign Investors, drive up share by over 100 %, come up with pricey rights to fund future development and then last step ? sell their rights  totally approx 55 million share rights @ ......? or at least partly maybe.  

i will bet that the owners will not take up their  (Rights) entitlement and will choose to sell their rights. may have lined up potential buyers.

so you kill 3 birds with one stone.

a. company gets cash for development / settling debts.
b. owners get some chips off the table at good price / value.
c. share liquidity is enhanced.

win win win ?!

This share was heavily recommended by one of the highly reputed broker firm which generally deal with most foreign accounts. When I ask my broker Y do u recommend at this high price, he said its valuation is quiet low compared to other diversified holdings.. When I check its valuation it looks like highly over valued than JKH. Simply broker gut along with management support made this company to fly this high. One of heavily over price rights in the mkt....

Jana1
Top contributor
Top contributor

Posts : 621
Join date : 2014-02-23

Back to top Go down

Re: Hemas Holdings Rights Issue 1:9 @ Rs. 72/=

Post by smallville on Sun Feb 22, 2015 8:50 pm

Alchem.. what a nice thinking friend Smile

I think owners now may have thought after seeing this what options they've got.. Cool

_________________
I take risks as a Trader and I select stocks based on Tech and daily Cash in/out. Therefore, my methods may not suit u.. so DYO analysis before making any decisions.
avatar
smallville
Top contributor
Top contributor

Posts : 1723
Join date : 2014-02-23
Location : Trying to figure out..

Back to top Go down

Re: Hemas Holdings Rights Issue 1:9 @ Rs. 72/=

Post by pathfinder on Sun Feb 22, 2015 9:26 pm

Thanks Sri,Very useful +
avatar
pathfinder
Top contributor
Top contributor

Posts : 1333
Join date : 2014-02-23
Age : 37

Back to top Go down

Re: Hemas Holdings Rights Issue 1:9 @ Rs. 72/=

Post by Nuinth on Sun Feb 22, 2015 10:06 pm

Thx Sri. Very useful. +

Nuinth
Top contributor
Top contributor

Posts : 551
Join date : 2014-02-28
Location : Universe

Back to top Go down

Re: Hemas Holdings Rights Issue 1:9 @ Rs. 72/=

Post by HAL9000 on Sun Feb 22, 2015 10:07 pm

A massively overpriced counter by now, Should sell and run away from this one.
avatar
HAL9000
Top contributor
Top contributor

Posts : 1402
Join date : 2014-08-11
Location : Colombo

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum