CINS - Large trades on 22nd March

cse.alpha · 1 CINS - Large trades on 22nd March Tue Mar 22, 2011 3:02 pm

cse.alpha

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CINS - Large trades on 22nd March

2.38 million shares traded (almost 12% of voting shares) - Rs1.8 bn turnover

Analysing CINS shareholder list of 31st December 2010, the Balendra family seem to have sold today, and maybe EMM Umbrella Funds

Was buyer again part of Global Rubber and Sea Foods groups that had bought 11.5% of CINS as per circular of 9th Feb 2011?

tubal · 2 Re: CINS - Large trades on 22nd March Tue Mar 22, 2011 5:41 pm

tubal

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So are you saying this had nothing to do with Vallibel group? In that case did those shares shoot up today purely on retail speculation? Uh oh!

cse.alpha · 3 Re: CINS - Large trades on 22nd March Wed Mar 23, 2011 7:54 am

cse.alpha

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http://print.dailymirror.lk/business/127-local/38992.html

Subasinghe and Co. up Ceylinco Insurance stake

http://www.ft.lk/2011/03/23/control-at-ceylinco-insurance-thrown-open/

Control at Ceylinco Insurance thrown open?

tubal · 4 Re: CINS - Large trades on 22nd March Wed Mar 23, 2011 8:08 am

tubal

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cse.alpha wrote:http://print.dailymirror.lk/business/127-local/38992.html

Subasinghe and Co. up Ceylinco Insurance stake

http://www.ft.lk/2011/03/23/control-at-ceylinco-insurance-thrown-open/

Control at Ceylinco Insurance thrown open?

Bad news for all the speculators who chased vallibell group thinking they are behind the move.

Meta Trader · 5 Re: CINS - Large trades on 22nd March Wed Mar 23, 2011 11:27 am

Meta Trader

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tubal wrote:

cse.alpha wrote:http://print.dailymirror.lk/business/127-local/38992.html

Subasinghe and Co. up Ceylinco Insurance stake

http://www.ft.lk/2011/03/23/control-at-ceylinco-insurance-thrown-open/

Control at Ceylinco Insurance thrown open?

Bad news for all the speculators who chased vallibell group thinking they are behind the move.

was that the rumor ? if that so this is another example of dumb money Exclamation

dammika perera knows how to handle dumb people and dumb money .
He never say no to the dumb !
young and new investors have a lot to learn from this individual Idea

tubal · 6 Re: CINS - Large trades on 22nd March Wed Mar 23, 2011 11:38 am

tubal

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Meta Trader wrote:

tubal wrote:

cse.alpha wrote:http://print.dailymirror.lk/business/127-local/38992.html

Subasinghe and Co. up Ceylinco Insurance stake

http://www.ft.lk/2011/03/23/control-at-ceylinco-insurance-thrown-open/

Control at Ceylinco Insurance thrown open?

Bad news for all the speculators who chased vallibell group thinking they are behind the move.

was that the rumor ? if that so this is another example of dumb money

dammika perera knows how to handle dumb people and dumb money .
He never say no to the dumb !
young and new investors have a lot to learn from this individual

And the bandwagon is moving even faster today. Jeez don't these people read the newspapers?
They are quick to post news that is likely to positively effect their shares on this forum. Bad news is met with stony silence and even more crazy buying!!