SINI ..... SINI.... SINI..... SINI.... SINI......

fireshelter

fireshelter

Associate Director - Equity Analytics

Posts : 3033
Join date : 2014-06-12

in coming days Deal will take place still not sure the day when

Beta1

Beta1

Senior Manager - Equity Analytics

Posts : 548
Join date : 2014-10-23

Yes I am sure, this deal will take place above the NAV of the share. After that company may go for de listing. If so they have to pay at least 300 per share for temaining shareholders. Here @ the EGM , one share holder have one vote not defend on the share quantity they have. So minor share holders not willing to sell their shares to company @ low price. If I am wrong , please explain someone. This is not a buy or sell recomendation. because same thing going on with clpl

peacockman

peacockman

Assistant Vice President - Equity Analytics

Posts : 808
Join date : 2015-06-17

If we can analyse SINI's past 3-4 month history, we can realize that it's monthly average growing is 10%!
Very Poor Dividend... Big growing!

peacockman

peacockman

Assistant Vice President - Equity Analytics

Posts : 808
Join date : 2015-06-17

If we can analyse SINI's past 3-4 month history, we can realize that it's monthly average growing is 10%!
Very Poor Dividend... Big growing!

Beta1

Beta1

Senior Manager - Equity Analytics

Posts : 548
Join date : 2014-10-23

http://www.cse.lk/cmt/uploadAnnounceFiles/981435140033_686.pdf

See,

REG market price 138.00 but transaction take place @ 110.00 (NAV = 88)
SINI market price 206, transaction take place @ 206 (NAV = 260)

Due to this transaction , they have to pay withholding tax base on this transaction value (price* quantity) . therefore they try to do this at a minimum price .but they have to decide SINI transaction price as 206.00.that means this company value is more than this. compare with regnis..

K9, hope your idea

fireshelter

fireshelter

Associate Director - Equity Analytics

Posts : 3033
Equity Stars : 9202
Reputation : 37
Join date : 2014-06-12

really For take over minimum guaranteed value is NAV But SINI Transaction take place below that can't believe Who is the valuer

Beta1

Beta1

Senior Manager - Equity Analytics

Posts : 548
Equity Stars : 4158
Reputation : 20
Join date : 2014-10-23

Beta1 wrote:http://www.cse.lk/cmt/uploadAnnounceFiles/981435140033_686.pdf

See,

REG market price 138.00 but transaction take place @ 110.00 (NAV = 88)
SINI market price 206, transaction take place @ 206 (NAV = 260)

Due to this transaction , they have to pay withholding tax base on this transaction value (price* quantity) . therefore they try to do this at a minimum price .but they have decide SINI transaction price as 206.00.that means this company value is more than this. compare with regnis..

K9, hope your idea

I think its better to invest this share. sometimes they will pay good dividend. because mother company want to money to do this transaction..
other thing, should they go for mandatory offer? if so price will go up again..

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SINI ..... SINI.... SINI..... SINI.... SINI......

101 Re: SINI ..... SINI.... SINI..... SINI.... SINI...... Mon Jun 22, 2015 6:22 pm

fireshelter

102 Re: SINI ..... SINI.... SINI..... SINI.... SINI...... Tue Jun 23, 2015 7:15 am

Beta1

103 Re: SINI ..... SINI.... SINI..... SINI.... SINI...... Tue Jun 23, 2015 7:31 am

peacockman

104 Re: SINI ..... SINI.... SINI..... SINI.... SINI...... Tue Jun 23, 2015 7:32 am

peacockman

105 Re: SINI ..... SINI.... SINI..... SINI.... SINI...... Wed Jun 24, 2015 4:59 pm

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106 Re: SINI ..... SINI.... SINI..... SINI.... SINI...... Wed Jun 24, 2015 6:01 pm

fireshelter

107 Re: SINI ..... SINI.... SINI..... SINI.... SINI...... Thu Jun 25, 2015 8:42 am

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108 Re: SINI ..... SINI.... SINI..... SINI.... SINI......

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