JKH director selling

sapumal · 1 JKH director selling Wed Mar 09, 2011 1:51 pm

sapumal

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what's smelling ?
a right issue ?

Last edited by Quibit on Wed Mar 09, 2011 4:46 pm; edited 1 time in total (Reason for editing : format condensed)

Monster · 2 Re: JKH director selling Wed Mar 09, 2011 1:58 pm

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Even I noticed this. I cannot understand why Mr Susantha Rathnayake is selling his stake for this price. Is there any thing what we don't know?

http://www.cse.lk/cmt/upload_cse_announcements/7681299653688_.pdf

Meta Trader · 3 Re: JKH director selling Wed Mar 09, 2011 2:09 pm

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wow ..

he sold on today and keels consultants informed it within a 3 hour Very Happy

this is a very good practice .

i saw a recent announcement similar to this from CFLB . director sold at 550 on 10-2-2011 and when was the news came to CSE ?

it was on 03-Mar-2011 Rolling Eyes

sapumal · 4 Re: JKH director selling Wed Mar 09, 2011 2:12 pm

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you always keen about META info

Meta Trader · 5 Re: JKH director selling Wed Mar 09, 2011 2:16 pm

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sapumal wrote:you always keen about META info

yep.
that is a one of my bad habit .... Twisted Evil

tubal · 6 Re: JKH director selling Wed Mar 09, 2011 3:22 pm

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Some of us have got - reps in the past for saying JKH is over valued. Guess some of the directors know it too Very Happy

mono · 7 Re: JKH director selling Wed Mar 09, 2011 3:32 pm

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Seriously!

ratnayaka has 3.5 million shares he sold 15%. I think people should stop over reacting to these type of announcements. now if he sold 30-40% of his stake that is a reason to be concerned. This could have been a margin call or any number of other things

http://www.cse.lk/cmt/upload_report_file/508_1296097894624.pdf

$$$ · 8 Re: JKH director selling Wed Mar 09, 2011 6:08 pm

$$$

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Yep directors buy and sell for many different reasons nothing to get alarmed about unless it's something obvious or over the top

godswen · 9 Re: JKH director selling Wed Mar 09, 2011 6:19 pm

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Yeah, Is it now trading at a good price? 275! Cuz previously it was overvalued as per many others? It was at this price on early September 2010!

UKboy · 10 Re: JKH director selling Wed Mar 09, 2011 11:22 pm

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tubal wrote:Some of us have got - reps in the past for saying JKH is over valued. Guess some of the directors know it too

Hahaha Tubal Very well said. Even I made few JKH lovers upset. So they gave me - reps.
Therefore I will try to hide the truth.

Eventhough its the godfather of sri lankan stock market I have my own doubt about the current price.
Ah again forgot.... I will keep my mouth shut Very Happy