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Nawaloka group to take control of Millennium Housing

4 posters

Go down  Message [Page 1 of 1]

DealKing

DealKing
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

With HNB to buy Nation Lanka...thus the Nation Lanka will have to sell MHDL (Millennium Housing Developers) and accordingly Nawaloka group will increase its stake in Millennium Housing Developers in an upcoming deal.

SHARK aka TAH

SHARK aka TAH
Expert
Expert

So lots of Buzz around on HNB, CSF affair MHDL & Nawaloka Group ..... I hope all's well that ends well ...

Keeping fingers crossed ....

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Also HawkEye with Anilana Projects .......

Thanks for all the efforts by everyone, helping us to filter in the best possible profitable trades...

Thank you all

Nawaloka group to take control of Millennium Housing Praying-to-god-smiley-emoticon

MARKETWATCH2


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

setthi pochi. more trading ideas.

Invest-Wise

Invest-Wise
Manager - Equity Analytics
Manager - Equity Analytics

i was told to buy MHDL. But I am really not sure how all this transactions will effect the share. NAV is 4.50 and last quarter loss of 12 million. Not much to write home about. This hare has been at 6 for some time and now below that. Has anyone in the forum bought this?
Any thoughts?

DealKing

DealKing
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Deal was concluded today.Over 92 million shares owned by Nation Lanka was sold to Nawaloka related company.

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