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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

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Latest topics

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» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
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» RICH.N0000 (Richard Pieris and Company PLC)
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» SAMP.N0000 (Sampath Bank PLC)
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» APLA.N0000 (ACL Plastics PLC)
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» Banks, Finance & Insurance Sector Chart
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» VPEL.N0000 (Vallibel Power Erathna PLC)
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» Capital Trust Broker in difficulty?
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» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
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» What Industry Would You Choose to Focus?
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» Should I Stick Around, or Should I Follow Others' Lead?
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+4
serene
Market lover
Ethical Trader
කිත්සිරි ද සිල්වා
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    Insider Information - LITE

    කිත්සිරි ද සිල්වා
    කිත්සිරි ද සිල්වා
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    Insider Information - LITE Empty Insider Information - LITE

    Post by කිත්සිරි ද සිල්වා Fri Jun 05, 2015 9:42 am

    Who dare to say that there is no such thing called Insider Information in Stock Market?

    I was wondering as to why LITE had a sudden interest yesterday and now the trading being held pending announcement.
    Very Happy
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    Post by Ethical Trader Fri Jun 05, 2015 10:12 am

    කිත්සිරි ද සිල්වා wrote:Who dare to say that there is no such thing called Insider Information in Stock Market?

    I was wondering as to why LITE had a sudden interest yesterday and now the trading being held pending announcement.
    Very Happy

    Its because of dividend announcement.

    05-Jun-2015

    LAXAPANA BATTERIES - DIVIDEND ANNOUNCEMENT

    LAXAPANA BATTERIES PLC
    Company ID: -LITE
    Date of Announcement: - 05.Jun.2015
    Dividend per Share: - Rs. 0.25 per share / First & Final Dividend
    Financial Year: - 2014/2015
    Shareholder Approval: - Required
    AGM: - 30.Jun.2015
    XD: - 02.Jul.2015
    Payment: - 10.Jul.2015
    Share Transfer Book Open
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    Post by Market lover Fri Jun 05, 2015 10:28 am

    In other countries I believe company directors and staff hav a blackout period for almost for a month or so where they can't trade in their relevant company share, since they know how the company has performed or abt dividend info. But here it doesn't apply I think, which I think it should be brought inn personally. Just my thought Smile
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    Post by serene Fri Jun 05, 2015 10:41 am

    Market lover wrote:In other countries I believe company directors and staff hav a blackout period for almost for a month or so where they can't trade in their relevant company share, since they know how the company has performed or abt dividend info. But here it doesn't apply I think, which I think it should be brought inn personally. Just my thought Smile

    I think here also there is provision for such but no one get penalised for breaking the law. Evil or Very Mad
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    Post by Backstage Fri Jun 05, 2015 11:23 am

    Market lover wrote:In other countries I believe company directors and staff hav a blackout period for almost for a month or so where they can't trade in their relevant company share, since they know how the company has performed or abt dividend info. But here it doesn't apply I think, which I think it should be brought inn personally. Just my thought Smile

    Even though you cant trade, your "Aunties Boyfriend" can. What a Face
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    Post by yellow knife Fri Jun 05, 2015 12:07 pm

    Backstage wrote:
    Market lover wrote:In other countries I believe company directors and staff hav a blackout period for almost for a month or so where they can't trade in their relevant company share, since they know how the company has performed or abt dividend info. But here it doesn't apply I think, which I think it should be brought inn personally. Just my thought Smile

    Even though you cant trade, your "Aunties Boyfriend" can. What a Face

    Every where in the world it is the same greed... Inside trading is not confined to SL.. it was a difficult task for US SEC to investigate Raj Rajarathnam and charge him for inside dealing
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    Post by serene Fri Jun 05, 2015 12:25 pm

    Backstage wrote:
    Market lover wrote:In other countries I believe company directors and staff hav a blackout period for almost for a month or so where they can't trade in their relevant company share, since they know how the company has performed or abt dividend info. But here it doesn't apply I think, which I think it should be brought inn personally. Just my thought Smile

    Even though you cant trade, your "Aunties Boyfriend" can. What a Face

    Ha ha Backs..Then time to go behind Aunties rather than critisizing the system. Smile Very Happy
    Profit , bonus , Dividends and should not forget the Capital Gains Wink Wink
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    Post by Backstage Fri Jun 05, 2015 1:03 pm

    serene wrote:
    Backstage wrote:
    Market lover wrote:In other countries I believe company directors and staff hav a blackout period for almost for a month or so where they can't trade in their relevant company share, since they know how the company has performed or abt dividend info. But here it doesn't apply I think, which I think it should be brought inn personally. Just my thought Smile

    Even though you cant trade, your "Aunties Boyfriend" can. What a Face

    Ha ha Backs..Then time to go behind Aunties rather than critisizing the system. Smile Very Happy
    Profit , bonus , Dividends  and should not forget the Capital Gains Wink Wink

    Maybe Hunter should include Aunty Ratio in his analysis.
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    Post by Ethical Trader Fri Jun 05, 2015 1:57 pm

    When the CSE got written information on dividends trade was suspended for 15 minutes but prior to that, there were ample time for the uncles & anties of directors to trade. Of course, if directors traded they are obliged to notify the CSE.
    කිත්සිරි ද සිල්වා
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    Post by කිත්සිරි ද සිල්වා Fri Jun 05, 2015 3:01 pm

    I have seen this many a times that some counters wake up from slumber suddenly and then come the good news following day.
    Inclusion of " Aunt Ratio " in future reporting is not a bad suggestion either.
    Join them if you can't beat them. Very Happy


    Last edited by කිත්සිරි ද සිල්වා on Fri Jun 05, 2015 10:24 pm; edited 1 time in total
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    Post by Market lover Fri Jun 05, 2015 4:33 pm

    කිත්සිරි ද සිල්වා wrote:I have seen this many a times that some counters wake up from slumber suddenly and then come the good news following day.
    Inclusion of " Aunt Ration " in future reporting is not a bad suggestion either.
    Join them if you can't beat them. Very Happy
    It happened with Seyb and also hpwr too. Insider info Smile
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    Post by Market lover Fri Jun 05, 2015 4:34 pm

    Backstage wrote:
    Market lover wrote:In other countries I believe company directors and staff hav a blackout period for almost for a month or so where they can't trade in their relevant company share, since they know how the company has performed or abt dividend info. But here it doesn't apply I think, which I think it should be brought inn personally. Just my thought Smile

    Even though you cant trade, your "Aunties Boyfriend" can. What a Face
    no doubt in that Wink
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    Post by Market lover Fri Jun 05, 2015 4:34 pm

    Backstage wrote:
    serene wrote:
    Backstage wrote:
    Market lover wrote:In other countries I believe company directors and staff hav a blackout period for almost for a month or so where they can't trade in their relevant company share, since they know how the company has performed or abt dividend info. But here it doesn't apply I think, which I think it should be brought inn personally. Just my thought Smile

    Even though you cant trade, your "Aunties Boyfriend" can. What a Face

    Ha ha Backs..Then time to go behind Aunties rather than critisizing the system. Smile Very Happy
    Profit , bonus , Dividends  and should not forget the Capital Gains Wink Wink

    Maybe Hunter should include Aunty Ratio in his analysis.
    Gd suggestion  lol!
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    Post by Leon Sat Jun 06, 2015 5:55 am

    That's why we are concern of director buying/selling.
    Take preparation of question papers for exams. Can we find people who have no connection to this word? There should be at least few people who get the upper hand.
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    Post by dhanurrox Sat Jun 06, 2015 8:36 am

    LITE is far better than CFT.CFT ran 1.40 rupees and next day morning financials were out. Very Happy
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    Post by කිත්සිරි ද සිල්වා Sat Jun 06, 2015 8:44 am

    Thanks.
    I was not watching CFT but LITE I have made some money trading in the past and it was on my radar.
    But this time I was not so keen on it.

    dhanurrox wrote:LITE is far better than CFT.CFT ran 1.40 rupees and next day morning financials were out. Very Happy

      Current date/time is Fri Nov 08, 2024 9:01 pm