The Investor Sentiment - Equity and investments forum for Sri Lankans



Join the forum, it's quick and easy

The Investor Sentiment - Equity and investments forum for Sri Lankans

The Investor Sentiment - Equity and investments forum for Sri Lankans

Would you like to react to this message? Create an account in a few clicks or log in to continue.
The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting

Latest topics

» CCS.N0000 ( Ceylon Cold Stores)
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
Ascot Holdings Rights Issue & Warrants - Page 2 EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Ascot Holdings Rights Issue & Warrants - Page 2 EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
Ascot Holdings Rights Issue & Warrants - Page 2 EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
Ascot Holdings Rights Issue & Warrants - Page 2 EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
Ascot Holdings Rights Issue & Warrants - Page 2 EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Ascot Holdings Rights Issue & Warrants - Page 2 EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
Ascot Holdings Rights Issue & Warrants - Page 2 EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Ascot Holdings Rights Issue & Warrants - Page 2 EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
Ascot Holdings Rights Issue & Warrants - Page 2 EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
Ascot Holdings Rights Issue & Warrants - Page 2 EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
Ascot Holdings Rights Issue & Warrants - Page 2 EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Ascot Holdings Rights Issue & Warrants - Page 2 EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
Ascot Holdings Rights Issue & Warrants - Page 2 EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Ascot Holdings Rights Issue & Warrants - Page 2 EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

» DV-2024 Program: Online Registration
Ascot Holdings Rights Issue & Warrants - Page 2 EmptyThu Oct 06, 2022 11:26 am by කිත්සිරි ද සිල්වා

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

+14
stocks hunter
hariesha
econ
Top Trader
Leon
The Alchemist
smallville
seek
wappula
chinwi
serene
yellow knife
slstock
Sriranga
18 posters

    Ascot Holdings Rights Issue & Warrants

    Leon
    Leon
    Top contributor
    Top contributor


    Posts : 1264
    Join date : 2014-03-11

    Ascot Holdings Rights Issue & Warrants - Page 2 Empty Re: Ascot Holdings Rights Issue & Warrants

    Post by Leon Wed Aug 13, 2014 10:19 pm

    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.

    Who are those people you are mentioning??
    avatar
    Top Trader
    Top contributor
    Top contributor


    Posts : 155
    Join date : 2014-03-06

    Ascot Holdings Rights Issue & Warrants - Page 2 Empty Re: Ascot Holdings Rights Issue & Warrants

    Post by Top Trader Wed Aug 13, 2014 10:46 pm

    I smell something, which not identified by any of us, specially by looking at their yesterday trade, why disposed at 10% discount? Also did they announce to the sec yesterday itself about a major announcement to come? If not how sec got to know it
    avatar
    econ


    Posts : 86
    Join date : 2014-02-23

    Ascot Holdings Rights Issue & Warrants - Page 2 Empty Re: Ascot Holdings Rights Issue & Warrants

    Post by econ Wed Aug 13, 2014 10:48 pm

    Check who is the top 20 list. NP is in the top of the table. beside that this share is too illiquid, so this may be really interesting in near future.
    avatar
    hariesha
    Top contributor
    Top contributor


    Posts : 1329
    Join date : 2014-04-09

    Ascot Holdings Rights Issue & Warrants - Page 2 Empty Re: Ascot Holdings Rights Issue & Warrants

    Post by hariesha Wed Aug 13, 2014 10:53 pm

    Good point. Some time back HAYL also gave rights with steep discounts. But the ratio was much less. Negative factor of giving rights at steep discounts is diluting of NAV.

    But in this case when you consider the value of ASCO.R000X and ASCO.W0000 I also feel price will go up.

    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 like 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.


    Last edited by hariesha on Wed Aug 13, 2014 10:59 pm; edited 1 time in total
    avatar
    Top Trader
    Top contributor
    Top contributor


    Posts : 155
    Join date : 2014-03-06

    Ascot Holdings Rights Issue & Warrants - Page 2 Empty Re: Ascot Holdings Rights Issue & Warrants

    Post by Top Trader Wed Aug 13, 2014 10:57 pm

    Also if am not mistaken their main tenant is a ministry, isn't it?
    avatar
    chinwi
    Top contributor
    Top contributor


    Posts : 999
    Join date : 2014-02-23

    Ascot Holdings Rights Issue & Warrants - Page 2 Empty Re: Ascot Holdings Rights Issue & Warrants

    Post by chinwi Thu Aug 14, 2014 12:06 am

    seek wrote:Actually I was referring to two sons of HE. Their names appeared in one Q report but disappeared in the following report. I agree with YK and SLS. This is an innovative dividend.

    It was a small mistake... young guys ne. Now they do it correctly.  Wink 

    Leon wrote:Who are those people you are mentioning??

    Mismatch . Two different cases. I was talking about old days.
    avatar
    serene
    Top contributor
    Top contributor


    Posts : 4850
    Join date : 2014-02-26

    Ascot Holdings Rights Issue & Warrants - Page 2 Empty Re: Ascot Holdings Rights Issue & Warrants

    Post by serene Thu Aug 14, 2014 7:02 am

    Thanks all.
    Valuable discussion. study 
    stocks hunter
    stocks hunter
    Top contributor
    Top contributor


    Posts : 1280
    Join date : 2014-03-16

    Ascot Holdings Rights Issue & Warrants - Page 2 Empty Re: Ascot Holdings Rights Issue & Warrants

    Post by stocks hunter Thu Aug 14, 2014 9:53 pm

    What ever said and done my gut feeling tells me that this will give a very good opportunity to the investors like us to earn something.

    I can remember the biggest gains I ever received in the MKT was from these type of rights issues.

    01. KAPI

    02.WAPO

    Yes I managed to earn few millions out of above two rights issues. They also did same kind of issues - steep discounted to the mkt. My view also ASCO N should trade above Rs130 - Rs150 levels before the rights issue date. We have to wait and see... Do no how mkt react to this offer this time.
    avatar
    Nuinth
    Top contributor
    Top contributor


    Posts : 555
    Join date : 2014-02-28
    Location : Universe

    Ascot Holdings Rights Issue & Warrants - Page 2 Empty Re: Ascot Holdings Rights Issue & Warrants

    Post by Nuinth Thu Aug 14, 2014 9:58 pm

    Dear SH,

    Do you have any idea of issue dates. Sorry, I did not go through the reports.

    Thx in advance.
    stocks hunter
    stocks hunter
    Top contributor
    Top contributor


    Posts : 1280
    Join date : 2014-03-16

    Ascot Holdings Rights Issue & Warrants - Page 2 Empty Re: Ascot Holdings Rights Issue & Warrants

    Post by stocks hunter Thu Aug 14, 2014 10:08 pm

    Nuinth,

    https://forum.lankaninvestor.com/t1592-capital-trust-daily-stock-watch-14-08-2014#9938

    Under announcement section u can get the details.Still they have not finalized the dates.
    avatar
    Nuinth
    Top contributor
    Top contributor


    Posts : 555
    Join date : 2014-02-28
    Location : Universe

    Ascot Holdings Rights Issue & Warrants - Page 2 Empty Re: Ascot Holdings Rights Issue & Warrants

    Post by Nuinth Fri Aug 15, 2014 2:55 am

    stocks hunter wrote:Nuinth,

    https://forum.lankaninvestor.com/t1592-capital-trust-daily-stock-watch-14-08-2014#9938

    Under announcement section u can get the details.Still they have not finalized the dates.

    Thx SH, really appreciate your help.
    avatar
    Nuinth
    Top contributor
    Top contributor


    Posts : 555
    Join date : 2014-02-28
    Location : Universe

    Ascot Holdings Rights Issue & Warrants - Page 2 Empty Re: Ascot Holdings Rights Issue & Warrants

    Post by Nuinth Wed Aug 20, 2014 11:05 am

    Hi all,

    ASCO share price is coming down day by day. Many of us thought it will go up with right issue price. Sometimes, it may bey push down & collect low price. But I'm believing this will be a most interesting one in future as people are involving this company/proposed hotel project.

    Any idea about this & right issue date ?

    Thx in advance.

    Disc-I'm holding.
    avatar
    econ


    Posts : 86
    Join date : 2014-02-23

    Ascot Holdings Rights Issue & Warrants - Page 2 Empty Re: Ascot Holdings Rights Issue & Warrants

    Post by econ Wed Aug 20, 2014 12:04 pm

    Nuinth wrote:Hi all,

    ASCO share price is coming down day by day. Many of us thought it will go up with right issue price. Sometimes, it may bey push down & collect low price. But I'm believing this will be a most interesting one in future as people are involving this company/proposed hotel project.

    Any idea about this & right issue date ?

    Thx in advance.

    Disc-I'm holding.

    Low volumes with still selling pressure.. if one HNWI start buying this can go up in no time.
    stocks hunter
    stocks hunter
    Top contributor
    Top contributor


    Posts : 1280
    Join date : 2014-03-16

    Ascot Holdings Rights Issue & Warrants - Page 2 Empty Re: Ascot Holdings Rights Issue & Warrants

    Post by stocks hunter Fri Aug 22, 2014 11:29 am

    This will be one of very interesting rights issues for the year 2014.
    avatar
    Top Trader
    Top contributor
    Top contributor


    Posts : 155
    Join date : 2014-03-06

    Ascot Holdings Rights Issue & Warrants - Page 2 Empty Re: Ascot Holdings Rights Issue & Warrants

    Post by Top Trader Fri Aug 22, 2014 11:33 am

    expecting more and more dramas to come, also interested to see the trend once the date is announced
    stocks hunter
    stocks hunter
    Top contributor
    Top contributor


    Posts : 1280
    Join date : 2014-03-16

    Ascot Holdings Rights Issue & Warrants - Page 2 Empty Re: Ascot Holdings Rights Issue & Warrants

    Post by stocks hunter Wed Sep 03, 2014 7:49 pm

    Volumes are increasing. Keep in touch.

    205,000+ shares traded.

    More than the 7 day average volume. Highest traded price today Rs95/
    cash flow detail - 83.56%
    bugbee
    bugbee


    Posts : 108
    Join date : 2014-05-19

    Ascot Holdings Rights Issue & Warrants - Page 2 Empty Re: Ascot Holdings Rights Issue & Warrants

    Post by bugbee Wed Sep 03, 2014 8:45 pm

    stocks hunter wrote:Volumes are increasing. Keep in touch.

    205,000+ shares traded.

    More than the 7 day average volume. Highest traded price today Rs95/
    cash flow detail  - 83.56%
     Thanks SH, i think party time has just begun  Very Happy
    avatar
    Seyon
    Top contributor
    Top contributor


    Posts : 268
    Join date : 2014-04-03

    Ascot Holdings Rights Issue & Warrants - Page 2 Empty Re: Ascot Holdings Rights Issue & Warrants

    Post by Seyon Wed Nov 26, 2014 11:25 am

    What has happened this right issue..... No announcement yet
    avatar
    Seyon
    Top contributor
    Top contributor


    Posts : 268
    Join date : 2014-04-03

    Ascot Holdings Rights Issue & Warrants - Page 2 Empty Re: Ascot Holdings Rights Issue & Warrants

    Post by Seyon Tue Dec 09, 2014 10:45 am

    RIGHTS ISSUE (DATES)
    09 December 2014
    Date of Initial Announcement: - 13.Aug.2014
    Proportion: - One (1) new ordinary shares for every Two (2) existing ordinary shares held
    Issue Price: - Rs. 12.50 /-
    Qty Offered: - 3,992,752
    General Meeting / Provisional Allotment: - 06.Jan.2015
    Date EX: - 07.Jan.2015
    Dispatch of Provisional Letter of Allotment: - 13.Jan.2015
    Trading Commences on: - 20.Jan.2015
    Renunciation: - 27.Jan.2015
    Last Date of Acceptance & Payment: - 28.Jan.2015
    Share Transfer Book Open
    avatar
    Karan


    Posts : 58
    Join date : 2014-02-25

    Ascot Holdings Rights Issue & Warrants - Page 2 Empty Re: Ascot Holdings Rights Issue & Warrants

    Post by Karan Mon Apr 20, 2015 5:52 pm

    Asco today went up 45.00

      Current date/time is Sun Jun 16, 2024 2:08 am