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Sri Lanka Equity Forum » Stock Market Talk » Are Blue.N0000 and Blue.X0000 going to be de-listed?

Are Blue.N0000 and Blue.X0000 going to be de-listed?

Go down  Message [Page 1 of 1]

Radika Silva


Stock Analytic
Stock Analytic
I heard that Blue.N0000 and Blue.X0000 are going to be de-listed due none-compliance with CSE listing rules and directors are also like to take the advantage now. It was leaked information from one of the board member that he was selling his entire shares purchased on a nominee account two years back. He sold at a lost. It was seen that there was no increase in the price.

What will be the repurchase price if it is true? Who will be going to absorb the losses in that case? CSE/Stupid directors or the existing public share holders? . Experts pls advice I have 178,000 shares of Blue.X0000



Last edited by Radika Silva on Sun Oct 28, 2012 8:33 pm; edited 1 time in total (Reason for editing : Grammer)

arjunaedirisinghe


Equity Analytic
Equity Analytic
Yes I also heard it. They did not demonstrated the CSE Company's ability to repay shares back at any given time. It was continuously violated. Further None submission of quarterly reports and cheating investors on company announcements- share split. It right LOL. Disclosures will be made by the Company and the CSE when the inquiry letter is reviewed.

LOL I sold all my shares well head. June 2012 haha Cool



Last edited by arjunaedirisinghe on Sun Oct 28, 2012 10:35 pm; edited 1 time in total (Reason for editing : Grammer)

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
@Radika Silva wrote:I heard that Blue.N0000 and Blue.X0000 are going to be de-listed due none-compliance with CSE listing rules and directors are also like to take the advantage now. It was leaked information from one of the board member that he was selling his entire shares purchased on a nominee account two years back. He sold at a lost. It was seen that there was no increase in the price.

What will be the repurchase price if it is true? Who will be going to absorb the losses in that case? CSE/Stupid directors or the existing public share holders? . Experts pls advice I have 178,000 shares of Blue.X0000

Thanks for the info. According to your previos post
http://forum.srilankaequity.com/t16133-colombo-land-revaluation-announcement-next-week#105516

I think still you are working in the stock broker firm?

Rocky

Rocky
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Yes I also heard it. They did not demonstrated the CSE Company's ability to repay shares back at any given time. It was continuously violated. Further None submission of quarterly reports and cheating investors on company announcements- share split. It right LOL. Disclosures will be made by the Company and the CSE when the inquiry letter is reviewed.

LOL I sold all my shares well head. June 2012 haha


Treat this share worse than the likes of GREG. I know one of the former directors.
He just says keep clear. No information.

Fresher


Moderator
Moderator
@Radika Silva wrote:I heard that Blue.N0000 and Blue.X0000 are going to be de-listed due none-compliance with CSE listing rules and directors are also like to take the advantage now. It was leaked information from one of the board member that he was selling his entire shares purchased on a nominee account two years back. He sold at a lost. It was seen that there was no increase in the price.

What will be the repurchase price if it is true? Who will be going to absorb the losses in that case? CSE/Stupid directors or the existing public share holders? . Experts pls advice I have 178,000 shares of Blue.X0000

are you guys allowed to trade freely?

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Given the nature of controversy over Radika Silva's self introduction of being a senior research analyst which is quoted below, I wonder to which category this should fall scratch

@Radika Silva wrote:Source confidential. I wanted to share it with u guys. I am working as a senior research analyst of a stockbroker

source:
http://forum.srilankaequity.com/t16133-colombo-land-revaluation-announcement-next-week#105516

Now have stock brokers started cheap advertising in our forum???

Fresher


Moderator
Moderator
@smallville wrote:Given the nature of controversy over Radika Silva's self introduction of being a senior research analyst which is quoted below, I wonder to which category this should fall scratch

@Radika Silva wrote:Source confidential. I wanted to share it with u guys. I am working as a senior research analyst of a stockbroker

source:
http://forum.srilankaequity.com/t16133-colombo-land-revaluation-announcement-next-week#105516

Now have stock brokers started cheap advertising in our forum???

anyway the question arises, can they trade freely? specially when they have sensitive information?

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
Well they also lifted the 6 month broker buy/sell period. So they can trade freely with or without info I guess.


npp wrote:
@smallville wrote:Given the nature of controversy over Radika Silva's self introduction of being a senior research analyst which is quoted below, I wonder to which category this should fall scratch

@Radika Silva wrote:Source confidential. I wanted to share it with u guys. I am working as a senior research analyst of a stockbroker

source:
http://forum.srilankaequity.com/t16133-colombo-land-revaluation-announcement-next-week#105516

Now have stock brokers started cheap advertising in our forum???

anyway the question arises, can they trade freely? specially when they have sensitive information?

Fresher


Moderator
Moderator
@slstock wrote:Well they also lifted the 6 month broker buy/sell period. So they can trade freely with or without info I guess.


npp wrote:
@smallville wrote:Given the nature of controversy over Radika Silva's self introduction of being a senior research analyst which is quoted below, I wonder to which category this should fall scratch

@Radika Silva wrote:Source confidential. I wanted to share it with u guys. I am working as a senior research analyst of a stockbroker

source:
http://forum.srilankaequity.com/t16133-colombo-land-revaluation-announcement-next-week#105516

Now have stock brokers started cheap advertising in our forum???

anyway the question arises, can they trade freely? specially when they have sensitive information?

a the time of his introduction they couldn't have done that right? That raises serious concerns IF he had been trading.

Anyway, although the restriction has been lifted, Trading on insider information should not be possible.

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
npp wrote:

Anyway, although the restriction has been lifted, Trading on insider information should not be possible.

Now who would come forward to pin point they'd trade with insider info? Even if an inquiry is made, who would call the carpet?

kalum


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
O, please come-on? Do you think de-list a company is like changing under wares? seriously!

Roboticfx

Roboticfx
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
I couldn't get any info even though I searched. Please deliver some extra info if you have!

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics
@Radika Silva wrote:I heard that Blue.N0000 and Blue.X0000 are going to be de-listed due none-compliance with CSE listing rules and directors are also like to take the advantage now. It was leaked information from one of the board member that he was selling his entire shares purchased on a nominee account two years back. He sold at a lost. It was seen that there was no increase in the price.

What will be the repurchase price if it is true? Who will be going to absorb the losses in that case? CSE/Stupid directors or the existing public share holders? . Experts pls advice I have 178,000 shares of Blue.X0000

I don't have this share, but this is a cheap and dirty attempt to buy some shares at lower prices.

1. If the company is going to be de-listed, and if you are sure about the information, definitely you will sell it,
before disclosing it in the forum.

2. You are asking about the re-purchase price, if the information is true. If it is going to be de-listed, why
You want to buy it again?

3. If a company is going to de-list due to non-compliance with CSE rules, it will be first transferred to the
DEFAULT BOARD, before de-listing.

So if I am predicting your situation; you have bought at 2.20 or 2.30 and sold today with a .40 or .50 cts loss. Now you want to bring the share down to buy again.

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@Radika Silva wrote:What will be the repurchase price if it is true? Who will be going to absorb the losses in that case? CSE/Stupid directors or the existing public share holders? . Experts pls advice I have 178,000 shares of Blue.X0000

@hariesha wrote: You are asking about the re-purchase price, if the information is true. If it is going to be de-listed, why
You want to buy it again?

Lets forget all others.. Radika Silva had said he was a senior research analyst with some broker.. And now ask us the above question lol!
lol!
If a person at this calibre cannot figure out any reasonable price for BLUE.. Should we need to talk of his clients :Deleted:

No wonder.. We time to time see these kinda feallas..

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