How about COCR.N @13.20-14

sisira.wijeweera · 1 How about COCR.N @13.20-14 Thu May 23, 2013 9:32 pm

sisira.wijeweera

Assistant Vice President - Equity Analytics

Posts : 674
Equity Stars : 5315
Reputation : 11
Join date : 2011-12-03

How about cocr @13.20-14
Divideden will be give august Rs 1

seek · 2 Re: How about COCR.N @13.20-14 Thu May 23, 2013 10:20 pm

seek

Senior Manager - Equity Analytics

Posts : 558
Equity Stars : 4998
Reputation : 21
Join date : 2012-07-13

They have already given a dividend in a way of capitalizaton. Some were very bullish on this due to its micro finance segment but 21% debenture issue caused many people to think twice and stay away.

Leon · 3 Re: How about COCR.N @13.20-14 Sat May 25, 2013 12:07 am

Leon

Assistant Vice President - Equity Analytics

Posts : 735
Equity Stars : 5705
Reputation : 33
Join date : 2011-08-06

sisira.wijeweera wrote:How about cocr @13.20-14
Divideden will be give august Rs 1

There were much discussion on this share in this forum. Some were very optimistic this as a value share. But the share itself hasn't move yet. To my mind the company is not aggressive enough to make a good impact in the sector.
And also there's one thing that keep me away from this is their major share holders. To my eyes it is not strong enough. I don't know how to explain that.

cseguide · 4 Re: How about COCR.N @13.20-14 Sat May 25, 2013 7:46 am

cseguide

Vice President - Equity Analytics

Posts : 1332
Equity Stars : 6378
Reputation : 56
Join date : 2011-04-20

If I am correct some time back they gave a strategic plan which they said their share price may go to 200.00 after given time which I can't exactly remember.

Gaja · 5 Re: How about COCR.N @13.20-14 Sat May 25, 2013 8:39 am

Gaja

Associate Director - Equity Analytics

Posts : 3127
Equity Stars : 9683
Reputation : 260
Join date : 2011-01-27
Age : 40
Location : Colombo

As seek mentioned they have to pay the debenture interest at very high rate, at the same time market interest rates started to come down, i feel there is a big mismatch on it now

Light of Hope · 6 Re: How about COCR.N @13.20-14 Sat May 25, 2013 11:51 am

Light of Hope

Vice President - Equity Analytics

Posts : 1014
Equity Stars : 5894
Reputation : 59
Join date : 2011-04-04

Recently I went to there for a fixed deposit. Nothing is done professionally. First they told me I could take cash when withdrawing, when I went to withdraw they gave a check. I had wait a long time as the guy who signs it was missing in action. They have a bunch of school leavers, it was like a fish market in that place. I will never go there again and will never buy this share.

hettdas · 7 Re: How about COCR.N @13.20-14 Sat May 25, 2013 1:32 pm

hettdas

Assistant Vice President - Equity Analytics

Posts : 611
Equity Stars : 6659
Reputation : 31
Join date : 2011-02-01

Light of Hope wrote:Recently I went to there for a fixed deposit. Nothing is done professionally. First they told me I could take cash when withdrawing, when I went to withdraw they gave a check. I had wait a long time as the guy who signs it was missing in action. They have a bunch of school leavers, it was like a fish market in that place. I will never go there again and will never buy this share.

I have two fixed deposits with them. Both Deposits pay me interest monthly. Upto now they paid interest before due date(at least one day before due date). They allocate one representative for each depositer. If we need any kind of help they come to our house and do the needful.(ie collecting Tax declarations, issuing new fixed deposit forms etc). So I am very much satisfied with their service.