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+2
HAL9000
Sriranga
6 posters
Marawila Resorts Rights Issue 1:1 @ Rs. 3/=
Sriranga- Veteran
- Posts : 3226
Join date : 2014-02-23
Location : Colombo
http://www.cse.lk/cmt/upload_cse_announcements/6831424832603_.pdf
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"Investing is easy to learn, but it takes a lifetime to master."
HAL9000- Top contributor
- Posts : 1402
Join date : 2014-08-11
Location : Colombo
Here we go the Group of RIGHTS FACTORY. over the years they gave no returns but right issues.
Monster- Posts : 118
Join date : 2014-02-23
Right Issue factory indeed. In fact CFLB/LCEY group is very popular for right issue.
MARA announced it's first right issue on 2009 = 2 of 7 shares at 5/=
Second right issue was on 2011 = 1 of 4 shares at 10/=.
In 2011, I subscribed the right issues and sold it between 13/= and 14/= as I remember.
MARA was under my radar, when it was trading below 6/-. I got escaped from sudden fall.
MARA announced it's first right issue on 2009 = 2 of 7 shares at 5/=
Second right issue was on 2011 = 1 of 4 shares at 10/=.
In 2011, I subscribed the right issues and sold it between 13/= and 14/= as I remember.
MARA was under my radar, when it was trading below 6/-. I got escaped from sudden fall.
Last edited by Monster on Wed Feb 25, 2015 12:25 pm; edited 1 time in total
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
I can remember a monkey looking at the footrpints of animals going towards the pond said...." there are foot prints going in...but no foot prints coming out".... so its conclusion was there lives a monster that eat all animals getting into the pond...
Yes Monster you have done the ideal... You have drunk water from the pond using a Straw and got out of the pond..
Similarly there are companies in CSE where cash can go in by way of rights but never come out as dividends... Remember in such places Monsters Live
Yes Monster you have done the ideal... You have drunk water from the pond using a Straw and got out of the pond..
Similarly there are companies in CSE where cash can go in by way of rights but never come out as dividends... Remember in such places Monsters Live
Sriranga- Veteran
- Posts : 3226
Join date : 2014-02-23
Location : Colombo
http://investorsentiment.forumotion.net/t1254-rights-factory-of-cse?highlight=factory
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"Investing is easy to learn, but it takes a lifetime to master."
chinwi- Top contributor
- Posts : 999
Join date : 2014-02-23
yellow knife wrote:I can remember a monkey looking at the footrpints of animals going towards the pond said...." there are foot prints going in...but no foot prints coming out".... so its conclusion was there lives a monster that eat all animals getting into the pond...
Yes Monster you have done the ideal... You have drunk water from the pond using a Straw and got out of the pond..
Similarly there are companies in CSE where cash can go in by way of rights but never come out as dividends... Remember in such places Monsters Live
නලපාන ජාතකය
http://sadahamradio.lk/gatha/22%20Nalapana.pdf
... and the same story appears in many cultures
nihal123- Top contributor
- Posts : 6327
Join date : 2014-02-24
Age : 58
Location : Waga
chinwi wrote:yellow knife wrote:I can remember a monkey looking at the footrpints of animals going towards the pond said...." there are foot prints going in...but no foot prints coming out".... so its conclusion was there lives a monster that eat all animals getting into the pond...
Yes Monster you have done the ideal... You have drunk water from the pond using a Straw and got out of the pond..
Similarly there are companies in CSE where cash can go in by way of rights but never come out as dividends... Remember in such places Monsters Live
නලපාන ජාතකය
http://sadahamradio.lk/gatha/22%20Nalapana.pdf
... and the same story appears in many cultures
Thanks chinwi
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