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5 posters
Rights Issue - Renuka Holdings 1:1 Voting (Rs.21.00) & Non-Voting (Rs.15.00)
Sriranga- Veteran
- Posts : 3226
Join date : 2014-02-23
Location : Colombo
- Post n°1
Rights Issue - Renuka Holdings 1:1 Voting (Rs.21.00) & Non-Voting (Rs.15.00)
by Sriranga Mon Oct 13, 2014 5:43 pm
http://www.cse.lk/cmt/upload_cse_announcements/3971413200070_.pdf
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"Investing is easy to learn, but it takes a lifetime to master."
Jana1- Top contributor
- Posts : 630
Join date : 2014-02-23
- Post n°2
Re: Rights Issue - Renuka Holdings 1:1 Voting (Rs.21.00) & Non-Voting (Rs.15.00)
by Jana1 Mon Oct 13, 2014 6:32 pm
Nice way to pee on Share holders head... Welldone RHL guys..
Ukboy- Top contributor
- Posts : 360
Join date : 2014-02-28
- Post n°3
Re: Rights Issue - Renuka Holdings 1:1 Voting (Rs.21.00) & Non-Voting (Rs.15.00)
by Ukboy Tue Oct 14, 2014 11:05 am
A longtime ago this was one of my favourite shares but had to give it up due to lack of returns.
RHL owns a freehold 80p land near gallface green.
RHL owns a freehold 80p land near gallface green.
Last edited by Ukboy on Tue Oct 14, 2014 12:14 pm; edited 1 time in total
jiggysaurus- Top contributor
- Posts : 548
Join date : 2014-07-09
- Post n°4
Re: Rights Issue - Renuka Holdings 1:1 Voting (Rs.21.00) & Non-Voting (Rs.15.00)
by jiggysaurus Tue Oct 14, 2014 11:12 am
Ukboy wrote:
RHL owns a freehold 80p land near gallface green.
Then defa they will ask for another rights in about 2 years time saying they need to do another property development.
Jana1- Top contributor
- Posts : 630
Join date : 2014-02-23
- Post n°5
Re: Rights Issue - Renuka Holdings 1:1 Voting (Rs.21.00) & Non-Voting (Rs.15.00)
by Jana1 Tue Oct 14, 2014 11:21 am
They got struck with groups. They are messy, especially they have no idea how to turn around all these companies that they acquired. They got out of CSE and property invesment and keep on acquiring companies. I dont think so the guys who are sitting in the top ladder has that capacity to control. Their business model was once revaluation of property and cse investment now became rights factory. Even after their list at cse in 2008, 2009 they got rights but its proportion was fair...
chinwi- Top contributor
- Posts : 999
Join date : 2014-02-23
- Post n°6
Re: Rights Issue - Renuka Holdings 1:1 Voting (Rs.21.00) & Non-Voting (Rs.15.00)
by chinwi Fri Nov 21, 2014 11:45 am
Renuka Holding Rights (RHL-R) are shown in DFN as Renuka Hotel Rights .
That is a mistake. RENU has not issued rights.
That is a mistake. RENU has not issued rights.
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