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

Display results as :
 


Rechercher Advanced Search

Latest topics
» Dividend Announcement
Yesterday at 11:13 pm by Afourer

» Thread for News on CSE and SL Economy
Fri Feb 22, 2019 8:42 pm by ruwan326

» MTD WALKERS - KAPI
Fri Feb 22, 2019 8:33 am by ruwan326

» SHL.N0000 (Softlogic Holdings PLC)
Wed Feb 20, 2019 8:23 am by ruwan326

» Importance of 2019 government budget
Tue Feb 19, 2019 12:13 pm by කිත්සිරි ද සිල්වා

» Emir of Qatar on a private visit to Sri Lanka till February 22
Tue Feb 19, 2019 11:19 am by Backstage

» SAMP.N0000 (SAMPATH BANK PLC)
Tue Feb 19, 2019 5:26 am by lanka

» Happy Birthday
Mon Feb 18, 2019 12:27 pm by smallville

» දේවදත්තගෙන් අපායේ සිට මෛත්‍රී බුදුන් වහන්සේට එවන ලද ලිපිය...~~~
Fri Feb 15, 2019 8:24 am by ruwan326

» REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)
Fri Feb 15, 2019 4:57 am by serene

» CONN.N0000
Wed Feb 13, 2019 8:09 pm by ruwan326

» SERV - The Kingsbury
Wed Feb 13, 2019 8:08 pm by ruwan326

» TPL.N0000 (TALAWAKALE PLANTATIONS )
Wed Feb 13, 2019 7:53 pm by ruwan326

» KVAL.N0000
Wed Feb 13, 2019 7:36 pm by ruwan326

» MGT.N0000
Wed Feb 13, 2019 7:29 pm by ruwan326

» HAYC - Haycarb
Wed Feb 13, 2019 7:24 pm by ruwan326

» DIPD.N0000 (Dipped Products)
Wed Feb 13, 2019 7:22 pm by ruwan326

» HAYL.N0000 Hayleys PLC
Wed Feb 13, 2019 7:16 pm by ruwan326

» අනං මනං! #/+?.<>
Wed Feb 13, 2019 7:55 am by කිත්සිරි ද සිල්වා

» මහජනතාව බල ගැන්වෙම්න් සිටී…
Tue Feb 12, 2019 8:23 pm by ruwan326

» VFIN - where the journey leads it?
Mon Feb 11, 2019 7:35 pm by ruwan326

» PLC.N0000 ( People's Leasing and Fiance PLC)
Mon Feb 11, 2019 7:31 pm by ruwan326

» LFIN - LB Finance
Mon Feb 11, 2019 7:25 pm by ruwan326

» Sri Lanka urged to develop own narrative of China’s BRI
Mon Feb 11, 2019 2:50 pm by Backstage

» Wonder why men send photos of their genitals? Here are some theories
Mon Feb 11, 2019 11:01 am by Backstage

» Flying is the Safest mode of Transport
Sat Feb 09, 2019 8:12 am by කිත්සිරි ද සිල්වා

» LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)
Thu Feb 07, 2019 2:24 pm by Ethical Trader

» Lanka named top tourist destination for 2016
Wed Feb 06, 2019 2:29 pm by කිත්සිරි ද සිල්වා

» A Bit of History
Wed Feb 06, 2019 2:18 pm by ruwan326

» AMF.N0000
Thu Jan 31, 2019 6:56 am by serene

» IOC Sri Lanka unit December quarter loss widens to Rs987mn
Mon Jan 28, 2019 11:02 am by ruwan326

» මූර්ත පොළියෙන් ශ්‍රී ලංකාව අංක 1ට – බ්ලූම්බර්ග් අනාවරණය කරයි
Mon Jan 21, 2019 7:18 pm by nihal123

» Obituary Notice.
Mon Jan 21, 2019 7:14 am by කිත්සිරි ද සිල්වා

» Trading Journal
Sun Jan 20, 2019 5:53 am by serene

» LDEV - Lankem Developments
Fri Jan 18, 2019 2:11 pm by ruwan326

» විශිෂ්ඨ සිල්ලර වෙළෙන්දෙකුගේ ජීවිත කතාව
Thu Jan 17, 2019 12:15 pm by Ethical Trader

» AAIC.N0000
Wed Jan 16, 2019 9:50 pm by serene

» இனிய பொங்கல்
Tue Jan 15, 2019 9:15 pm by nihal123

» HUNA.N0000
Mon Jan 14, 2019 5:29 pm by Ethical Trader

» Blessing in Disguise!! It's high time Brothers!!
Sun Jan 13, 2019 11:35 am by serene

» Thread for News on Local and Foreign Politics
Sat Jan 12, 2019 8:26 am by ruwan326

» කෝටි 4620 ක බැඳුම්කර නීතියට පිටින් ශ‍්‍රී ලංකන්ට දීලා
Mon Jan 07, 2019 6:18 pm by Ethical Trader

» JINS.N0000 ( Janashakthi Insurance PLC)
Sun Jan 06, 2019 1:12 pm by smallville

» Thread for News on International Markets
Fri Jan 04, 2019 9:40 am by The Invisible

» අවුරුද්ද අප කයි - අපි අවුරද්ද කමු (ජනවාරි පළමුවැනිදා)
Tue Jan 01, 2019 6:23 pm by malanp

» සැන්ඩි එපා!
Tue Jan 01, 2019 6:01 pm by serene

» අසිරිමත් සුබ නව වසරකට ආසිරි !
Tue Jan 01, 2019 5:08 pm by PANTOMATH

»  වසරක කාලය තුළ ඉන්දියාවේ ඉහළම ආදායම් ලාභීන්
Mon Dec 31, 2018 2:47 am by nihal123

» අයදුමේ දී ඡායාරූප ‘ඇලවීම‘ අවශ්‍ය නැති ජාතික හැඳුනුම්පත ජනවාරි 01 සිට දිවයිනටම
Sun Dec 30, 2018 9:37 pm by lanka

» මැදපෙරදිගට පමණක්‘ පාස්පෝට් මින් ඉදිරියට නැහැ
Thu Dec 27, 2018 5:18 pm by Ethical Trader

February 2019
SunMonTueWedThuFriSat
     12
3456789
10111213141516
17181920212223
2425262728  

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."
Sriranga
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.
Ethical Trader
Ethical Trader
Top contributor
Top contributor

Posts : 4910
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.
First Guy
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.
Ethical Trader
Ethical Trader
Top contributor
Top contributor

Posts : 4910
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.
Ethical Trader
Ethical Trader
Top contributor
Top contributor

Posts : 4910
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