Is Dr. S Off Loading PARQ??

[RapaportTop contributor]

Last 5 trading days over 2.3 million shares traded. Total shares 27 million.

Only 2.3million in public hands.

Remaining 24million owned by the top 20...

Dr. S has 4.4 million shares... 2nd largest shareholder

1 Lanka Tiles PLC  13,085,180  47.805%
2 Dr. T Senthilverl  4,470,400  16.332%
3 Lanka Walltiles PLC  3,141,250  11.476%

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Cheers!

[RapaportTop contributor]

He is offloading one vallibel group company, PARQ and buying another... VPEL

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He has a knack for power companies! Saw it with VLL also

Cheers!

[Hawk Eye]

Hes a wise investor. He will not loose opportunities by selling this, rather he will boost the share to the real value

[stocks hunterTop contributor]

If it is so still nothing to worry. Out of 2.3mn traded if u assume 2.0mn belongs Dr. still you have 2.4mn shares to absorb from the Dr. I don't think he will sell the whole lot. Can get at good idea on monday.

These are not big Quantities. Couple of big fellas will absorb this.

[Karan]

Dr. T Senthilverl  4,470,400  16.332% Trying to exit

[sereneTop contributor]

Thanks Rapaps for th info.

[smallvilleTop contributor]

Before the real price up, the first rectanlge is responsible for 1,530,856 shares.

Then the upward movement on last 6 days - 3,280,970 Shares.

So going by the numbers, up to 32, it was collection.. So only last 2 days the real distribution started.
If Dr. Sentil starts selling, the price will goto 35-37 even. My guess is he has not sold even half of his. I may be write or wrong..


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[First Guy]

Had he sold, we would have seen some disclosure. He is usually quick to do so.

[CSE.SAS]

Had he sold, we would have seen some disclosure. He is usually quick to do so.

Ya.You're correct

[harieshaTop contributor]

Had he sold, we would have seen some disclosure. He is usually quick to do so.

He is not a director. No need of disclosing.

[supipe]

Dear expertise, what happened to price if he sell entire stock!Other thing why he sell such a valuable stock? ( wait another 6 month and sell @ 60)

[First Guy]

Had he sold, we would have seen some disclosure. He is usually quick to do so.

He is not a director. No need of disclosing.

Sorry, my bad. But isn't there a requirement to disclose transactions above 10% ? maybe a voluntary disclosure then or I'm making things up.

[stocks hunterTop contributor]

But if he is selling we can get an idea from the broker. If you all are buying this just check who is the brokers selling the large portion. If he really wants to sell we can get to gether and collect the stock even and Rs35. Who likes that. I will buy.......?

[smallvilleTop contributor]

Had he sold, we would have seen some disclosure. He is usually quick to do so.

He is not a director. No need of disclosing.

Sorry, my bad. But isn't there a requirement to disclose transactions above 10% ? maybe a voluntary disclosure then or I'm making things up.

I think share qty over 10% needs to be disclosed..

[WRRKUMARA]

i think still not divest his holding tomorrow Big day for this share

[RapaportTop contributor]

1.3 million plus shares traded today!

Who is offloading..

Sept report says only 3 million floating.. The rest held by top 20..

Cheers!

[smallvilleTop contributor]

1.3 million plus shares traded today!

Who is offloading..

Sept report says only 3 million floating.. The rest held by top 20..

Cheers!

Ppl who collected below 34 can still sell it to the new ppl who wanna buy neda?

The same shares can even change hands..

[pri67ket]

PARQ will reach 60-80 within a year.
It's profit increase quarter to quarter.It has good market through RCL.