![Ascot Holdings Rights Issue & Warrants Sha10](https://i.servimg.com/u/f39/17/31/86/64/sha10.png)
![Ascot Holdings Rights Issue & Warrants Warr10](https://i.servimg.com/u/f39/17/31/86/64/warr10.png)
http://www.cse.lk/cmt/upload_cse_announcements/6651407904953_.pdf
Last edited by Redbulls on Wed Aug 13, 2014 11:01 am; edited 1 time in total
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
serene wrote: It says trading halt.
But trading take place.![]()
Redbulls wrote:serene wrote: It says trading halt.
But trading take place.![]()
Trading was halted pending the announcement and lifted from 11am.
chinwi wrote:No No. This is a rare example of early days rights issues.
Excellent job by Mr. Upali Mendis and other.
Normally and theoretically a right is an opportunity to buy a share at a bargain price offered to the existing shareholders.
While others buy at trading price existing shareholders get this opportunity to buy low.
When a right is announced, trading price should go up.
Unfortunately bad people entered to the CSE ruined this feature during last few years.
Now we can see a good right issue , issued 1 for 2 at a bargain price and the warrants too.
Not link bogus Platinum robbers, they have realistic reason to issue warrants to get cash at a future date. :Working Capital.
Proportion of warrants is also very strong. Do not dilute share volume. 1 for 8 existing shares.
Price of the share should go because this will give good opportunity to shareholders to trade rights and warrants to earn more.
chinwi wrote:No No. This is a rare example of early days rights issues.
Excellent job by Mr. Upali Mendis and other.
Normally and theoretically a right is an opportunity to buy a share at a bargain price offered to the existing shareholders.
While others buy at trading price existing shareholders get this opportunity to buy low.
When a right is announced, trading price should go up.
Unfortunately bad people entered to the CSE ruined this feature during last few years.
Now we can see a good right issue , issued 1 for 2 at a bargain price and the
warrants too.
Not link bogus Platinum robbers, they have realistic reason to issue warrants to get cash at a future date. :Working Capital.
Proportion of warrants is also very strong. Do not dilute share volume. 1 for 8 existing shares.
Price of the share should go up because this will give good opportunity to shareholders to trade rights and warrants to earn more.
seek wrote:Can you remember? This was called as King's stock one time. Check top 20 list 2-3 Q ago. You will see two kings.
chinwi wrote:seek wrote:Can you remember? This was called as King's stock one time. Check top 20 list 2-3 Q ago. You will see two kings.
I was there at the trading floor when that fellow- backed by Iriyagolla money- collected this @ Rs.4-7 range.
රෙදි වියන කොම්පැනිය වැහිල Book value මයිනස් වෙලා EPS -ve තියෙද්දි මේක 6 ට 7 ට ලක්ෂ ගනන් එකතු කරන්න පිස්සුද දන්නෙ නෑ කියල මිනිස්සු කිව්ව.
ඊට පස්සෙ 100% මිල වැඩි උනාම 16-20 ට විකුණන්නෙ නැතුව තවත් එකතු කරනව.
සති කිහිපයයි ගියේ මෙන්න එකතු කරපු අය ගෙන් වෙනත් අය 65/- ට 80/- ට ගන්නව.
අප්ඩේට් නොකරපු පොත් වල එහෙම වටිනාකම් තිබුනට සමහර ඒවගෙ ඇත්ත වටිනාකම හාත් පසින්ම වෙනස් වෙන්න පුලුවන් බව දැන ගත්තෙ Ascot නිසා තමයි.
මමත් 5/- ට තියෙද්දි ගන්නෙ නැතුව, මෙලෝ දෙයක් දන්නෙ නැතුව 8/- ට ටිකක් අරගෙන දවස් දෙක තුනක් බඩේ බිත්තර තම්බ තම්බ ඉඳල 18/- ට දීල සැනසුම් සුසුම් හෙලුව. ඒ දවස්වල ට්රේඩිං කලා නේ.
serene wrote:chinwi wrote:seek wrote:Can you remember? This was called as King's stock one time. Check top 20 list 2-3 Q ago. You will see two kings.
I was there at the trading floor when that fellow- backed by Iriyagolla money- collected this @ Rs.4-7 range.
රෙදි වියන කොම්පැනිය වැහිල Book value මයිනස් වෙලා EPS -ve තියෙද්දි මේක 6 ට 7 ට ලක්ෂ ගනන් එකතු කරන්න පිස්සුද දන්නෙ නෑ කියල මිනිස්සු කිව්ව.
ඊට පස්සෙ 100% මිල වැඩි උනාම 16-20 ට විකුණන්නෙ නැතුව තවත් එකතු කරනව.
සති කිහිපයයි ගියේ මෙන්න එකතු කරපු අය ගෙන් වෙනත් අය 65/- ට 80/- ට ගන්නව.
අප්ඩේට් නොකරපු පොත් වල එහෙම වටිනාකම් තිබුනට සමහර ඒවගෙ ඇත්ත වටිනාකම හාත් පසින්ම වෙනස් වෙන්න පුලුවන් බව දැන ගත්තෙ Ascot නිසා තමයි.
මමත් 5/- ට තියෙද්දි ගන්නෙ නැතුව, මෙලෝ දෙයක් දන්නෙ නැතුව 8/- ට ටිකක් අරගෙන දවස් දෙක තුනක් බඩේ බිත්තර තම්බ තම්බ ඉඳල 18/- ට දීල සැනසුම් සුසුම් හෙලුව. ඒ දවස්වල ට්රේඩිං කලා නේ.
Koi kaleda Chin oowa une??
slstock wrote:Still wondering why dilute NAV by 80% by this ridiclous rights price ( in my opinion) that would only bring Rs 50 million!!! Some of the share holder in that list might be carrying Rs 50 Mil as pocket cash.
කිත්සිරි ද සිල්වා (9679) |
| |||
yellow knife (6980) |
| |||
nihal123 (6327) |
| |||
slstock (6216) |
| |||
sashimaal (5785) |
| |||
Ethical Trader (5568) |
| |||
serene (4850) |
| |||
Backstage (3803) |
| |||
Sriranga (3226) |
| |||
The Invisible (3116) |
|
» CCS.N0000 ( Ceylon Cold Stores)
» Sri Lanka plans to allow tourists from August, no mandatory quarantine
» When Will It Be Safe To Invest In The Stock Market Again?
» Dividend Announcements
» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්රතික්ෂේප කළ ගණිතඥයා
» SEYB.N0000 (Seylan Bank PLC)
» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
» The Korean Way !
» In the Meantime Within Our Shores!
» What is Known as Dementia?
» SRI LANKA TELECOM PLC (SLTL.N0000)
» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
» Equinox ( වසන්ත විෂුවය ) !
» COMB.N0000 (Commercial Bank of Ceylon PLC)
» REXP.N0000 (Richard Pieris Exports PLC)
» RICH.N0000 (Richard Pieris and Company PLC)
» Do You Have Computer Vision Syndrome?
» LAXAPANA BATTERIES PLC (LITE.N0000)
» What a Bank Run ?
» 104 Technical trading experiments by HUNTER
» GLAS.N0000 (Piramal Glass Ceylon PLC)
» Cboe Volatility Index
» AHPL.N0000
» TJL.N0000 (Tee Jey Lanka PLC.)
» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
» Bitcoin and Cryptocurrency
» CSD.N0000 (Seylan Developments PLC)
» PLC.N0000 (People's Leasing and Finance PLC)
» Bakery Products ?
» NTB.N0000 (Nations Trust Bank PLC)
» Going South
» When Seagulls Follow the Trawler
» Re-activating
» අපි තමයි හොඳටම කරේ !
» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
» SAMP.N0000 (Sampath Bank PLC)
» APLA.N0000 (ACL Plastics PLC)
» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
» Banks, Finance & Insurance Sector Chart
» VPEL.N0000 (Vallibel Power Erathna PLC)
» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
» WATA - Watawala
» KFP.N0000(Keels Food Products PLC)
» Capital Trust Broker in difficulty?
» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
» What Industry Would You Choose to Focus?
» Should I Stick Around, or Should I Follow Others' Lead?