FREE LANKA CAPITAL HOLDING LIMITED - Another IPO

Monster · 1 FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Tue Feb 22, 2011 6:44 pm

Monster

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http://www.cse.lk/cmt/upload_cse_announcements/9051298375637_.pdf

300 million shares for Rs. 5/-

http://www.freelankacapital.net/

mark · 2 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Tue Feb 22, 2011 7:03 pm

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this article is about joint venture with sierra.

http://synergyy.com/2011/01/sierra-cables-plc-joint-venture-with-free-lanka-capital-holdings/

Free Lanka Capital Holdings, a group that has business interest in plantations, hydro power, leisure and property development sectors has completed a private placement for 700 million rupees, while the firm plans to go public in February 2011, to raise a further 1.5 billion, a senior official said.

"We have already completed the pre-IPO (initial public offering)," Godfrey Aloysius, director at Free Lanka Capital Holdings told LBR.

"We want to complete the IPO by March next year depending on prevailing (stock) market conditions."

The pre-IPO was facilitated by John Keells Stockbrokers, a unit of conglomerate John Keells, the largest conglomerate in the island which has business interest in transport, leisure, financial services, retail and food processing sectors.

Sri Lanka has seen a flood of IPO's since the end of 30 year civil war 19 months ago.

The Colombo Stock Exchange, despite taking a market correction is still one of the best performing indices in the world.

John Keells Stock Brokers and Taprobane Securities, a unit of LOLC and Browns groups would jointly manage the issue.

Malik Carder, director general of market watchdog, Securities and Exchange Commission of Sri Lanka told AFP, a foreign news wire services that the Colombo bourse was expected to receive nearly 60 IPO's in 2011.
http://www.lbr.lk/fullstory.php?nid=201012171210421789

Monster · 3 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Tue Feb 22, 2011 7:12 pm

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They are more in to plantation sector. So, they may be listed under plantation sector.

57,000 Acres of land across the country
9,200 Acres of land in the district of Colombo
19,000 Acres of tea
13,000 Acres of rubber
3,500 Acres of commercial timber
12.5 million kg of made tea per annum

mark · 4 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Tue Feb 22, 2011 7:15 pm

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Monster wrote:They are more in to plantation sector. So, they may be listed under plantation sector.

57,000 Acres of land across the country
9,200 Acres of land in the district of Colombo
19,000 Acres of tea
13,000 Acres of rubber
3,500 Acres of commercial timber
12.5 million kg of made tea per annum

ya....high chance to listed under plantation sector,has to wait and see....... Neutral

hotstock · 5 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Tue Feb 22, 2011 7:19 pm

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if you apply for shares worth 1 million, after a month you will be alotted shares less than 10% of the amount of shares you applied..

90% of your money will be floated for about a month, resulting in opportunity costs..

wis · 6 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Tue Feb 22, 2011 7:37 pm

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Depending on the IPO for that 10%, you can get probably 100% profit for that couple of weeks. It is much more safer and surer than putting money into stagnant over-valued market that's not going anywhere. And the great thing is that the rest 90% is safe too.

1st · 7 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Tue Feb 22, 2011 7:50 pm

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for 10% investmenet you will gain average - 70,000/=

for one month you will get 7% to 10% profit. which I think very good.

and also I see IPOs as risk free.

kiri · 8 FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Tue Feb 22, 2011 7:52 pm

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How can find money. week by week new IPOs.
මට ඇඩෙනවා Crying or Very sad

econ · 9 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Tue Feb 22, 2011 8:08 pm

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seems to me good company .
browns investment is one of a main share holder.

RockStock · 10 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Tue Feb 22, 2011 8:10 pm

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Probably it will be classified under Diversified sector

dinusl

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Monster wrote:They are more in to plantation sector. So, they may be listed under plantation sector.

57,000 Acres of land across the country
9,200 Acres of land in the district of Colombo
19,000 Acres of tea
13,000 Acres of rubber
3,500 Acres of commercial timber
12.5 million kg of made tea per annum

It's worthy to that price but it's very good if they offer less number of shares at some high price....300 million shares on the board IPO listing date What a Face

cse.alpha

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Free Lanka at present seems to focus on plantations and hydro power, and it appears that funds are to be raised to invest in tourism (who isn't?) and a commercial property complex in Borella.

Let's see the valuations and prospectus before commenting further, and in particular the price at which the recent private placement was done to selected big players.

Investors should also remember to take note of forthcoming wage hike in plantation sector in analysing company.

UKboy

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Monster wrote:http://www.cse.lk/cmt/upload_cse_announcements/9051298375637_.pdf

300 million shares for Rs. 5/-

http://www.freelankacapital.net/

Aloysius family. One of the richest families in Sri Lanka.

Carolis

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UKboy wrote:

Monster wrote:http://www.cse.lk/cmt/upload_cse_announcements/9051298375637_.pdf

300 million shares for Rs. 5/-

http://www.freelankacapital.net/

Aloysius family. One of the richest families in Sri Lanka.

Can I ask some money from them for forthcoming IPOs? Laughing

Monster · 15 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Wed Feb 23, 2011 1:46 am

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UKboy wrote:

Monster wrote:http://www.cse.lk/cmt/upload_cse_announcements/9051298375637_.pdf

300 million shares for Rs. 5/-

http://www.freelankacapital.net/

Aloysius family. One of the richest families in Sri Lanka.

Major Shareholders

Browns Investments is a member of the Browns Group of Companies with Interests in Plantations, Leisure, Property Development and Manufacturing Industries. The Company also manages a Portfolio of Short term and Long Term Investments.

Perpetual is the ultimate holding company for the Free Lanka Group and is an equal partner with Browns Investments in FLCH.

mjrocker · 16 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Wed Feb 23, 2011 1:57 am

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Is this IPO is a good IPO?
What is the minimum gain from this IPO?
I am not a big investor how many IPO should I apply?I will apply max 30k because if another IPO come I need money to apply those.
Will this IPO like ODEL OR PCH OR LGL OR SINF OR PAP

UKboy · 17 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Wed Feb 23, 2011 2:14 am

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Monster wrote:

UKboy wrote:

Monster wrote:http://www.cse.lk/cmt/upload_cse_announcements/9051298375637_.pdf

300 million shares for Rs. 5/-

http://www.freelankacapital.net/

Aloysius family. One of the richest families in Sri Lanka.

Major Shareholders

Browns Investments is a member of the Browns Group of Companies with Interests in Plantations, Leisure, Property Development and Manufacturing Industries. The Company also manages a Portfolio of Short term and Long Term Investments.

Perpetual is the ultimate holding company for the Free Lanka Group and is an equal partner with Browns Investments in FLCH.

Perpetual is one of their (Aloysius family) company Smile

Monster · 18 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Wed Feb 23, 2011 2:19 am

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UKboy wrote:

Monster wrote:

UKboy wrote:

Monster wrote:http://www.cse.lk/cmt/upload_cse_announcements/9051298375637_.pdf

300 million shares for Rs. 5/-

http://www.freelankacapital.net/

Aloysius family. One of the richest families in Sri Lanka.

Major Shareholders

Browns Investments is a member of the Browns Group of Companies with Interests in Plantations, Leisure, Property Development and Manufacturing Industries. The Company also manages a Portfolio of Short term and Long Term Investments.

Perpetual is the ultimate holding company for the Free Lanka Group and is an equal partner with Browns Investments in FLCH.

Perpetual is one of their (Aloysius family) company

I agree. The lucky person who collected ASHO on cheap rate. Very Happy

gamaya · 19 IPO Wed Feb 23, 2011 10:57 am

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Better to study the prospectus plus also take note of possible wage hike for plantations. (Specially tea)

TMK · 20 Application form of IPO in Free Laka Capital Holding Wed Feb 23, 2011 1:50 pm

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Still it s not uploaded in www.freelankacapital.net Question

TMK · 21 Application form of IPO in Free Laka Capital Holding Wed Feb 23, 2011 1:56 pm

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Still It is not uploaded in www.freelankacapital.net

tkc · 22 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Wed Feb 23, 2011 2:13 pm

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Wait my friend!! Why are you in a hurry? It may be available on first week of March... Smile

TMK · 23 What are the next upcoming IPOs Wed Feb 23, 2011 2:17 pm

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milanka · 24 Plantation Wages Wed Feb 23, 2011 2:35 pm

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gamaya wrote:Better to study the prospectus plus also take note of possible wage hike for plantations. (Specially tea)

The memorundum of understanding MOU is renewed every 2 yrs and next renewal is due in end March 2011.

The MOU is between the Planters association and the trade unions.

We have to apply this ipo on 17th Mar. We would have little information by the time we apply for the ipo.

They Request a daily wage increase from Rs. 285 to 500 and to scrap the current incentive scheme. ( Presently with the incentive a worker earns about Rs 405/= a day )

limestone · 25 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Wed Feb 23, 2011 7:10 pm

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"In an announcement on Tuesday, the company that owns the Pussellawa and Maturata tea plantations said its Initial Public Offering (IPO) to open on March 17 will have for sale 300 million shares at Rs 5 each."
Sunday Times

any idea about the Base value of a Free lanka Share? is it 10 or 1 ?

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FREE LANKA CAPITAL HOLDING LIMITED - Another IPO

1 FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Tue Feb 22, 2011 6:44 pm

Monster

2 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Tue Feb 22, 2011 7:03 pm

mark

3 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Tue Feb 22, 2011 7:12 pm

Monster

4 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Tue Feb 22, 2011 7:15 pm

mark

5 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Tue Feb 22, 2011 7:19 pm

hotstock

6 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Tue Feb 22, 2011 7:37 pm

wis

7 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Tue Feb 22, 2011 7:50 pm

1st

8 FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Tue Feb 22, 2011 7:52 pm

kiri

9 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Tue Feb 22, 2011 8:08 pm

econ

10 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Tue Feb 22, 2011 8:10 pm

RockStock

11 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Tue Feb 22, 2011 10:51 pm

dinusl

12 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Tue Feb 22, 2011 11:51 pm

cse.alpha

13 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Wed Feb 23, 2011 12:34 am

UKboy

14 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Wed Feb 23, 2011 12:37 am

Carolis

15 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Wed Feb 23, 2011 1:46 am

Monster

16 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Wed Feb 23, 2011 1:57 am

mjrocker

17 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Wed Feb 23, 2011 2:14 am

UKboy

18 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Wed Feb 23, 2011 2:19 am

Monster

19 IPO Wed Feb 23, 2011 10:57 am

gamaya

20 Application form of IPO in Free Laka Capital Holding Wed Feb 23, 2011 1:50 pm

TMK

21 Application form of IPO in Free Laka Capital Holding Wed Feb 23, 2011 1:56 pm

TMK

22 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Wed Feb 23, 2011 2:13 pm

tkc

23 What are the next upcoming IPOs Wed Feb 23, 2011 2:17 pm

TMK

24 Plantation Wages Wed Feb 23, 2011 2:35 pm

milanka

25 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO Wed Feb 23, 2011 7:10 pm

limestone

26 Re: FREE LANKA CAPITAL HOLDING LIMITED - Another IPO

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