![Hayleys MGT Rights Issue 4:11 @ Rs. 9.75 Mgt10](https://i.servimg.com/u/f39/17/31/86/64/mgt10.png)
http://www.cse.lk/cmt/upload_cse_announcements/6061402485417_.pdf
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Biggest problem is the people who know there's a right issue manipulated this share to 13.Hows that?balapas wrote:I told my neighbor not to buy this share but he bought. Wonder what he will have to say now. Companies with losses for a long time or high in debt will go for rights issues. LDEV made losses for a long time and PABC (low capital adequacy ratios) might do it as well so dont go after these shares. BIL already did. They have debt plus losses. Accounting gilmart in the name of negative goodwill was recorded to show profits which they did in the past as well but infact its a loss.
dhanurrox wrote:Biggest problem is the people who know there's a right issue manipulated this share to 13.Hows that?balapas wrote:I told my neighbor not to buy this share but he bought. Wonder what he will have to say now. Companies with losses for a long time or high in debt will go for rights issues. LDEV made losses for a long time and PABC (low capital adequacy ratios) might do it as well so dont go after these shares. BIL already did. They have debt plus losses. Accounting gilmart in the name of negative goodwill was recorded to show profits which they did in the past as well but infact its a loss.
balapas wrote:dhanurrox wrote:Biggest problem is the people who know there's a right issue manipulated this share to 13.Hows that?balapas wrote:I told my neighbor not to buy this share but he bought. Wonder what he will have to say now. Companies with losses for a long time or high in debt will go for rights issues. LDEV made losses for a long time and PABC (low capital adequacy ratios) might do it as well so dont go after these shares. BIL already did. They have debt plus losses. Accounting gilmart in the name of negative goodwill was recorded to show profits which they did in the past as well but infact its a loss.
Yes correct, Broker huts promoted saying MGT making profits now but it was just gross profit and TJL was going to buy that. Well what to do. I see LDEV is also being promoted and price increasing. Not saying they will do it but we know their history of rights issues dont we?![]()
It's like Day light robbery.Everyone notice.But nothing taken against.dhanurrox wrote:Biggest problem is the people who know there's a right issue manipulated this share to 13.Hows that?balapas wrote:I told my neighbor not to buy this share but he bought. Wonder what he will have to say now. Companies with losses for a long time or high in debt will go for rights issues. LDEV made losses for a long time and PABC (low capital adequacy ratios) might do it as well so dont go after these shares. BIL already did. They have debt plus losses. Accounting gilmart in the name of negative goodwill was recorded to show profits which they did in the past as well but infact its a loss.
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