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Sri Lanka Equity Forum » Stock Market Talk » BOGALA GRAPHITE LANKA PLC - Results

BOGALA GRAPHITE LANKA PLC - Results

Go down  Message [Page 1 of 1]

1BOGALA GRAPHITE LANKA PLC - Results Empty BOGALA GRAPHITE LANKA PLC - Results on Wed May 11, 2011 11:13 pm

Monster

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
http://www.cse.lk/cmt/upload_report_file/664_1305112008.pdf

Net profit after tax - Rs2.74 million.
Earning per share - Rs0.06

Profit has dropped nearly 90% compare to the same period last year. Company has incurred Rs14.41 million loss in Foreign Currency exchange. Company was able to make 21.45 million profit in the quarter ended December 2010.

We have noticed retailers were chasing this share.

2BOGALA GRAPHITE LANKA PLC - Results Empty Re: BOGALA GRAPHITE LANKA PLC - Results on Wed May 11, 2011 11:26 pm

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Monster wrote:http://www.cse.lk/cmt/upload_report_file/664_1305112008.pdf

Net profit after tax - Rs2.74 million.
Earning per share - Rs0.06

Profit has dropped nearly 90% compare to the same period last year. Company has incurred Rs14.41 million loss in Foreign Currency exchange. Company was able to make 21.45 million profit in the quarter ended December 2010.

We have noticed retailers were chasing this share.

Thats probably the only reason why small investors madly followed this share last few days.

After bought the share at a higher price they will soon start moarning why BOGA is not going up..?
These small investors never learn a lesson.

3BOGALA GRAPHITE LANKA PLC - Results Empty Re: BOGALA GRAPHITE LANKA PLC - Results on Wed May 11, 2011 11:32 pm

Meta Trader

Meta Trader
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
here we go again ......

4BOGALA GRAPHITE LANKA PLC - Results Empty Re: BOGALA GRAPHITE LANKA PLC - Results on Thu May 12, 2011 12:45 am

Quibit

Quibit
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
This is a good lead for the SEC to follow. Smoking guns!!!!
We have seen a startling article by one particular website which is making their intentions very clear and too obvious to the blind eye of the SEC. This is with the malicious intention of misleading the the poor investors to buy when the manipulators are selling.

It's very sad why people resort to this type of tactics.

5BOGALA GRAPHITE LANKA PLC - Results Empty Re: BOGALA GRAPHITE LANKA PLC - Results on Thu May 12, 2011 12:18 pm

Trader


Stock Analytic
Stock Analytic
[mention][/mention] wrote:This is a good lead for the SEC to follow. Smoking guns!!!!
We have seen a startling article by one particular website which is making their intentions very clear and too obvious to the blind eye of the SEC. This is with the malicious intention of misleading the the poor investors to buy when the manipulators are selling.

It's very sad why people resort to this type of tactics.

Quibit,
This is the type of thing I was referring to in my post of 11/5/11 ' Has the CSE (or SEC) failed in its statutory functions? ' But there were no constructive replies. Question confused

6BOGALA GRAPHITE LANKA PLC - Results Empty Re: BOGALA GRAPHITE LANKA PLC - Results on Thu May 12, 2011 4:16 pm

Monster

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
SEC has imposed price band on BOGA to restrict the downfall further.

7BOGALA GRAPHITE LANKA PLC - Results Empty Re: BOGALA GRAPHITE LANKA PLC - Results on Thu May 12, 2011 4:27 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@Monster wrote:SEC has imposed price band on BOGA to restrict the downfall further.

BOGA is used as just another speculative tool to create great volatility as a gambling stock. I recall this was in higher Rs20s some time ago before the gambling trend started after a news item

8BOGALA GRAPHITE LANKA PLC - Results Empty Re: BOGALA GRAPHITE LANKA PLC - Results on Thu May 12, 2011 4:37 pm

Monster

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@slstock wrote:
@Monster wrote:SEC has imposed price band on BOGA to restrict the downfall further.

BOGA is used as just another speculative tool to create great volatility as a gambling stock. I recall this was in higher Rs20s some time ago before the gambling trend started after a news item
SEC has released ALUF from the price band. It's another gambling stock. Let's see how it's going to react tomorrow. SEC may have impose price band again by end of tomorrow trading. Wink

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