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

Display results as :
 


Rechercher Advanced Search

Latest topics
» Real Estate Market in Sri Lanka- A booming Industry or a Bubble?
Today at 12:00 am by xmart

» අනං මනං! #/+?.<>
Yesterday at 10:57 pm by Yin-Yang

» Will YOU VOTE for ME if I run for SL PRESIDENCY?
Yesterday at 11:43 am by CK

» Thread for News on Local and Foreign Politics
Yesterday at 6:52 am by ruwan326

» විකුණුම්කරු
Fri Nov 16, 2018 11:41 pm by The Invisible

» *කොට්ටේ තරණය කිරීම*
Fri Nov 16, 2018 6:25 pm by Ethical Trader

» Thread for News on CSE and SL Economy
Fri Nov 16, 2018 1:43 pm by The Invisible

» Dividend Announcement
Thu Nov 15, 2018 7:36 pm by nihal123

» COMB.N0000 ( COMMERCIAL BANK OF CEYLON PLC )
Wed Nov 14, 2018 9:20 pm by pjrngroup

» Thread for News on International Markets
Wed Nov 14, 2018 7:56 am by The Invisible

» DIPD.N0000 (Dipped Products)
Wed Nov 14, 2018 7:18 am by The Invisible

» SAMP.N0000 (SAMPATH BANK PLC)
Wed Nov 14, 2018 7:16 am by The Invisible

» TAFL - Three Acre Farms
Wed Nov 14, 2018 7:14 am by The Invisible

» RCL - Royal Ceramics
Wed Nov 14, 2018 7:12 am by The Invisible

» HAYL.N0000 Hayleys PLC
Wed Nov 14, 2018 7:08 am by The Invisible

» How to trade Stock profitably?
Tue Nov 13, 2018 11:55 am by indramal

» What are investing methods in Sri Lanka?
Tue Nov 13, 2018 6:39 am by indramal

» Thread for General News Local/Foreign
Mon Nov 12, 2018 7:57 am by serene

» Anybody invest New York or Landon Stock Exchange?
Sat Nov 10, 2018 8:53 am by කිත්සිරි ද සිල්වා

» JKH.N0000
Fri Nov 09, 2018 10:49 am by ruwan326

» HAYC - Haycarb
Fri Nov 09, 2018 10:30 am by The Invisible

» WATA - Watawala
Fri Nov 09, 2018 10:22 am by The Invisible

» AAIC.N0000
Fri Nov 09, 2018 10:10 am by The Invisible

» Asian markets rally as investors see positive in US gridlock
Fri Nov 09, 2018 8:02 am by serene

» CSE RISE , RIDING ETHICALLY
Wed Nov 07, 2018 5:53 am by pjrngroup

» Constitutional Crisis – close to $ 100mn flees stock/bond markets last week
Tue Nov 06, 2018 6:38 pm by serene

» HHL.N0000 ( Hemas Holdings PLC)
Tue Nov 06, 2018 8:43 am by The Invisible

» Weldone Serene for 4000 + posts
Tue Nov 06, 2018 7:44 am by serene

» Asiri Hospitals PLC - ASIR
Mon Nov 05, 2018 11:58 am by The Invisible

» Flying is the Safest mode of Transport
Sat Nov 03, 2018 8:44 am by කිත්සිරි ද සිල්වා

» REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)
Fri Nov 02, 2018 7:45 pm by Brave Heart

» What MOTTOs/PRINCIPLEs do YOU follow in LIFE ?
Thu Nov 01, 2018 4:14 pm by Seyon

» LDEV - Lankem Developments
Thu Nov 01, 2018 2:23 pm by The Invisible

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
Thu Nov 01, 2018 12:43 pm by The Invisible

» MTD Walkers (KAPI)
Thu Nov 01, 2018 11:54 am by The Invisible

» SERV - The Kingsbury
Thu Nov 01, 2018 10:12 am by The Invisible

» LFIN - LB Finance
Thu Nov 01, 2018 10:03 am by The Invisible

» PABC.N0000 (Pan Asia Banking Corporation PLC)
Thu Nov 01, 2018 9:56 am by The Invisible

» Sri Lanka jumps 11 places to 100th rank in World Bank’s Doing Business index
Thu Nov 01, 2018 9:52 am by The Invisible

» Banking Sector
Thu Nov 01, 2018 9:50 am by The Invisible

» All Share index crosses 6,000 points
Thu Nov 01, 2018 8:20 am by Brave Heart

» Asian Hotels and Properties September net down 48-pct
Thu Nov 01, 2018 8:17 am by Brave Heart

» Sri Lanka rupee weakens; stocks rally slows
Thu Nov 01, 2018 8:13 am by Brave Heart

» TJL.N0000 (Textured Jersey Lanka PLC.)
Wed Oct 31, 2018 7:27 pm by PANTOMATH

» Whats ailing Sri Lanka ? Why we are what we are!
Wed Oct 31, 2018 6:07 pm by Ethical Trader

» Sri Lankan rivals tempt defectors to swing crisis
Wed Oct 31, 2018 9:41 am by The Invisible

» Sri Lanka’s Piramal Glass in Sept quarter loss as costs rise
Wed Oct 31, 2018 9:36 am by The Invisible

» Sri Lanka President could dissolve parliament if interim budget is defeated: Wijedasa
Wed Oct 31, 2018 9:34 am by The Invisible

» Sri Lanka political crisis hikes debt rollover risk: Fitch
Wed Oct 31, 2018 9:31 am by The Invisible

» Sri Lankan political standoff could threaten reforms: S&P Ratings
Wed Oct 31, 2018 9:29 am by The Invisible

November 2018
SunMonTueWedThuFriSat
    123
45678910
11121314151617
18192021222324
252627282930 

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

Browns Investment Rights Issue 1:1 @ Rs. 1.25

Go down

Browns Investment Rights Issue 1:1 @ Rs. 1.25

Post by Sriranga on Tue Jun 10, 2014 10:17 am


_________________
"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: Browns Investment Rights Issue 1:1 @ Rs. 1.25

Post by Ethical Trader on Tue Jun 10, 2014 3:38 pm

Huge debt, once its cleared the balance sheet would be good looking. NAV around Rs:5.00.
avatar
Ethical Trader
Top contributor
Top contributor

Posts : 4569
Join date : 2014-02-28

Back to top Go down

Re: Browns Investment Rights Issue 1:1 @ Rs. 1.25

Post by First Guy on Tue Jun 10, 2014 7:54 pm

Ethical Trader wrote:Huge debt, once its cleared the balance sheet would be good looking. NAV around Rs:5.00.

NAV includes a large portion of "biological assets" if i remember correct.
avatar
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

Re: Browns Investment Rights Issue 1:1 @ Rs. 1.25

Post by cseinvestor on Tue Jun 10, 2014 8:06 pm

Present share holders who thought Rs 2.2 was great for 5 NAV company are going to be hit badly .

After issue, NAV is going to be Rs 3+. Shares in market over 3.5 billion.
Even after rights they will have considerable loans remaining.

Seems this will come down to Rs 1.5 or below. The effect on FLCH needs to be monitored also.

Hope this group will not become another CFLB/LCEY group.



cseinvestor

Posts : 70
Join date : 2014-02-25

Back to top Go down

Re: Browns Investment Rights Issue 1:1 @ Rs. 1.25

Post by Ethical Trader on Wed Jun 11, 2014 10:35 am

First Guy wrote:
Ethical Trader wrote:Huge debt, once its cleared the balance sheet would be good looking. NAV around Rs:5.00.

NAV includes a large portion of "biological assets" if i remember correct.
Yes, its over 3 billion and also over 1.2 billion intangible assets. ?Can any one give more details exactly what they are.

I also noticed that current portion of interest bearing loans under current liabilities is substantial.
avatar
Ethical Trader
Top contributor
Top contributor

Posts : 4569
Join date : 2014-02-28

Back to top Go down

Re: Browns Investment Rights Issue 1:1 @ Rs. 1.25

Post by Ethical Trader on Wed Jun 11, 2014 10:36 am

cseinvestor wrote:Present share holders  who thought Rs 2.2 was great for  5 NAV  company are going to be hit badly .

After issue, NAV is going to be Rs 3+. Shares in market over 3.5 billion.
Even after rights they will have considerable loans remaining.

Seems this will come down to Rs 1.5 or below.  The effect on FLCH needs to be monitored also.

Hope this group will not become another CFLB/LCEY group.


Exactly.
avatar
Ethical Trader
Top contributor
Top contributor

Posts : 4569
Join date : 2014-02-28

Back to top Go down

Re: Browns Investment Rights Issue 1:1 @ Rs. 1.25

Post by balapas on Wed Jun 11, 2014 11:15 am

GREG is going to get hit with this as well as they have 372mn shares. They bought shares at 5.50 if I remember correct.

balapas
Top contributor
Top contributor

Posts : 761
Join date : 2014-02-23
Age : 38

Back to top Go down

Re: Browns Investment Rights Issue 1:1 @ Rs. 1.25

Post by Ukboy on Wed Jun 11, 2014 11:30 am

balapas wrote:GREG is going to get hit with this as well as they have 372mn shares. They bought shares at 5.50 if I remember correct.  
Agree.

Ukboy
Top contributor
Top contributor

Posts : 359
Join date : 2014-02-28

Back to top Go down

Back to top


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