MAL.N0000 and MAL.X0000

ashoka1966 · 1 MAL.N0000 and MAL.X0000 Wed Apr 27, 2011 1:37 pm

ashoka1966

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Have you all noticed MAL.N0000 and MAL.X0000 trading pattern. Today MAL.X0000 was traded at a higher price than MAL.N0000. Can a voting share price is less valued than it’s non-voting share.
It is true that MAL.N0000 issued almost 10 folds of shares compared to MAL.X0000. But…Is it ethical a voting share to be traded at a lower price than it’s non-voting share.
Can this be called as a manipulation? I do not know..........That iswhy I am asking....
But I realize…..anything can happen in this funny CSE.

Happy trading.....

milanka · 2 Re: MAL.N0000 and MAL.X0000 Wed Apr 27, 2011 1:50 pm

milanka

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ashoka1966 wrote:But I realize…..anything can happen in this funny CSE.

It is same as HASU.R0000 and HASU.N0000 trading today..
http://forum.srilankaequity.com/t3038-hasu-rights#20389

tubal · 3 Re: MAL.N0000 and MAL.X0000 Wed Apr 27, 2011 2:35 pm

tubal

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ashoka1966 wrote:Have you all noticed MAL.N0000 and MAL.X0000 trading pattern. Today MAL.X0000 was traded at a higher price than MAL.N0000. Can a voting share price is less valued than it’s non-voting share.
It is true that MAL.N0000 issued almost 10 folds of shares compared to MAL.X0000. But…Is it ethical a voting share to be traded at a lower price than it’s non-voting share.
Can this be called as a manipulation? I do not know..........That iswhy I am asking....
But I realize…..anything can happen in this funny CSE.

Happy trading.....

That's nothing, This is a market where shares like ASHO a share that was over valued at 3000 can climb to 6800 in two days, it is also a market where shares like GEST, BINN can gain more than 200% in a week. I would not bat an eyelid if MAL.x rose to 39 while MAL.n when to 3.90

gamaya · 4 Funny Wed Apr 27, 2011 2:47 pm

gamaya

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Remember MARA R and WAPO R

This is ok compared to those.

No wonder the foreigners are running.

CSE Today · 5 Re Rights tradding Wed Apr 27, 2011 3:01 pm

CSE Today

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I too witnessed this scenario for many occasions.. Why not CSE & SEC get into some short of action & safeguard the poor investors specially new comers... I have a good proposal to overcome this problem but dont know how & to whom it should be addressed if any of you can ...pls forward this dea to CSE or SEC in the name of saving poor fellas...

To make R trading on a separate board

To markup the R in Blue colour when trading on the board

For online trading - to make it compulsory for system providers to make sure there appears an additional POP-up with a warning saying its R & the subscription price the buyer has to pay in addition to his/her bid price when placing a buy order for R

hope this will short out the mess up regarding R trading

kuk83 · 6 Re: MAL.N0000 and MAL.X0000 Wed Apr 27, 2011 3:26 pm

kuk83

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I think all investors in the CSE are adults, also educated individual investors.So its up to them.At least they ll learn some lession.(i think those who brought MARA.R @ 15 ll never buy HASU.R @ 60)