Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post
Market Place

Add an ad

View all ads

Latest topics

» (50 more needed)Please help by filling the questionnaire on the stock market investor behavior in the Sri Lankan share market
by gayani2018 Today at 10:43 am

» FORUM POLITICIANS
by CITIZEN Today at 7:44 am

» MGT - Collect n keep
by pure equity Yesterday at 10:48 pm

» 'Key to staying in the trading game for Day Traders
by Asoka Samarakone Yesterday at 4:44 pm

» POLITICIANS FOR COUNTRY
by Asoka Samarakone Yesterday at 4:33 pm

» its right time to buy PHAR@700
by Teller Yesterday at 12:38 pm

» Its time to Buy UBC - Target Price 16
by Teller Yesterday at 12:33 pm

» Regarst to 8 FINANCE Copmany's to be closed But no body knows excatly but avoid SFL,and MFL
by Teller Yesterday at 12:30 pm

» 8 Finance companaies to be closed very soon
by samaritan Yesterday at 10:25 am

» Withdrawal take weeks?
by kumarweerarathne Fri Sep 20, 2019 7:15 pm

» Path is Clear For GR.
by Eugine Fernando Fri Sep 20, 2019 3:04 pm

» Market again heading to 4800? :D
by Arrowrisk Fri Sep 20, 2019 1:09 pm

» CFVF.N0000 -Deal to be happned on Next week?
by Beta1 Fri Sep 20, 2019 1:00 pm

» Renuka Capital(KZOO) Vs Onal
by fireshelter Fri Sep 20, 2019 12:07 pm

» Lookout for RCL
by ThilinaM Fri Sep 20, 2019 10:09 am

» Research And Analysis Wing and Central Intelligence Agency is not yet finalised its plan here
by soileconomy Fri Sep 20, 2019 9:16 am

» RAL....RAL, Renuka Agri
by glad Fri Sep 20, 2019 8:25 am

» TKYO X Target prce Rs.32.50
by samansilva Fri Sep 20, 2019 1:32 am

» BIL පුපුරා යාමට ආසන්නයි
by Bakka1988 Thu Sep 19, 2019 11:13 pm

» AAIC - Profit over one billion!!!!!
by wisdom79 Thu Sep 19, 2019 9:36 pm

» Scared of silence of MS and next 2 Fridays
by Kaish86 Thu Sep 19, 2019 7:09 pm

» GOOD SHARES TO BUY
by ThilinaM Thu Sep 19, 2019 3:31 pm

» LOTUS TOWER economy
by ThilinaM Thu Sep 19, 2019 2:38 pm

» SALUTE THE PRESIDENT
by Promoney Thu Sep 19, 2019 1:06 pm

» What is the srilankan company that main business is revaluation and paying director salary?
by ThilinaM Thu Sep 19, 2019 10:56 am

» Election is announced...What is your idea?Please comment
by samaritan Thu Sep 19, 2019 10:24 am

» The Basics Of Valuing Companies
by Economatta Thu Sep 19, 2019 10:22 am

» PRESIDENT ELECTION
by samaritan Thu Sep 19, 2019 9:54 am

» Massive Fraud At AEL subsidiry
by kumarweerarathne Thu Sep 19, 2019 7:58 am

» Learn To Invest Yourself.
by CITIZEN Thu Sep 19, 2019 4:39 am

» Positive News
by Promoney Wed Sep 18, 2019 10:46 pm

» RWSL can hit 3.10 LKR
by Teller Wed Sep 18, 2019 5:36 pm

» Look PAP Amazing company
by Teller Wed Sep 18, 2019 5:31 pm

» AEL Target price Rs 24
by rukshan1234 Wed Sep 18, 2019 1:05 am

» Bansei Royal Resorts BRR up 23%
by Invest-Wise Tue Sep 17, 2019 6:22 pm

» Just About Prima Glass – GLAS
by KOLAA Tue Sep 17, 2019 2:48 pm

» LOOKOUT FOR SIRA
by Eugine Fernando Tue Sep 17, 2019 2:21 pm

» SEMB.N predictions
by 4Corners Tue Sep 17, 2019 11:44 am

» FORUM POLITICIANS
by CITIZEN Tue Sep 17, 2019 11:40 am

» After Advanced level what is
by lankaspeaker Tue Sep 17, 2019 11:27 am

» PRESIDENT ELECTION
by Ahcha Tue Sep 17, 2019 8:51 am

» Why AAIC Should trade above RS.50/-
by wisdom79 Mon Sep 16, 2019 9:26 pm

» Stupid fucking UNP and ranils ass hole economics
by samaritan Mon Sep 16, 2019 8:44 pm


You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » Ceylinco Insurance NON Voting Shares CINS.X

Ceylinco Insurance NON Voting Shares CINS.X

Go down  Message [Page 1 of 1]

1Ceylinco Insurance NON Voting Shares CINS.X Empty Ceylinco Insurance NON Voting Shares CINS.X on Sun May 18, 2014 1:09 pm

stocksira

stocksira
Manager - Equity Analytics
Manager - Equity Analytics
This counter seems to be trading at discounted rate compared to other shares with non voting and voting shares.

This counter should be trading at Rs 800 levels minimum compared to the Non Voting / voting share prices of other shares. (Not in the same sector)

Any thoughts as to why this counter trading at such low price level ? Demand and supply ? Any other issue with the company ? Or voting shares are overvalued ?

See below: (Not in the same industry)

Ceylinco Insurance NON Voting Shares CINS.X Voting12

SHARK aka TAH

SHARK aka TAH
Expert
Expert
@stocksira wrote:This counter seems to be trading at discounted rate compared to other shares with non voting and voting shares.

This counter should be trading at Rs 800 levels minimum compared to the Non Voting / voting share prices of other shares. (Not in the same sector)

Any thoughts as to why this counter trading at such low price level ? Demand and supply ? Any other issue with the company ? Or voting shares are overvalued ?

See below: (Not in the same industry)

Ceylinco Insurance NON Voting Shares CINS.X Voting12
The 6M shares, trading at HIGH PBV, 17times of the Earnings as per Last Year.

So you need to be patients with the share due less no of shares for trading.

You have to enter at the correct price and wait.......

SHARK aka TAH

SHARK aka TAH
Expert
Expert
As a result of Low Liquidity, share price can be easily manipulated... so be on the watch to sell if slow action is not your type

stocksira

stocksira
Manager - Equity Analytics
Manager - Equity Analytics
Thanks Shark

SHARK aka TAH

SHARK aka TAH
Expert
Expert
I would rather Invest in JINS at current level

dhanurrox


Vice President - Equity Analytics
Vice President - Equity Analytics
SHARK wrote:I would rather Invest in JINS at current level
Problem with JINS is there are enough reasons to keep faith but it's not rewarding.

cse1981

cse1981
Manager - Equity Analytics
Manager - Equity Analytics
i sold my jins shares and i hope to collect below price 12-13

8Ceylinco Insurance NON Voting Shares CINS.X Empty Any Correct Pertinent Answers??? on Mon May 19, 2014 8:28 am

Udith Fonseka


Equity Analytic
Equity Analytic
Does any member of the Forum have a Proper and pertinent to this incise and reasonable question?

SHARK aka TAH

SHARK aka TAH
Expert
Expert
@Udith Fonseka wrote:Does any member of the Forum have a Proper and pertinent to this incise and reasonable question?
Its like asking why is not BMW look like Micro Panda  Razz 

Friend its all about Market Dynamics, If there is demand for Non Voting Shares, then the GAP may get closer.
But Not necessarily it has to be always.

This could be due to different reasons......

People hold Voting Shares & Non Voting shares for different reasons.

Have you done any home work with regard to CINS.n & CINS.x previous price actions and checked the parity

Pethi

Pethi
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@cse1981 wrote: i sold my jins shares and i hope to collect below price 12-13

me too. welcome aboard. even though I cant, I don't care...!

11Ceylinco Insurance NON Voting Shares CINS.X Empty Re: Ceylinco Insurance NON Voting Shares CINS.X on Mon May 19, 2014 10:37 am

SHARK aka TAH

SHARK aka TAH
Expert
Expert
JINS may appreciate in this RUN 2-3 rupee appreciation on the cards

Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum