FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ 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
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ 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
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images
All images
CORPORATE PERFORMANCE

Latest topics

» hSenid Business Solutions(HBS)
by K.R Today at 9:08 am

» CBSL Pension Fund vs EPF
by God Father Yesterday at 9:13 am

» EXPO.N - Expo Lanka Holdings De-Listing
by thankrishan Wed May 15, 2024 1:58 pm

» Nations Trust Bank: Consistent growth
by ErangaDS Wed May 15, 2024 8:46 am

» SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000)
by soileconomy Wed May 15, 2024 4:01 am

» Falsified accounts and financial misrepresentation at Arpico Insurance PLC (AINS)
by DeepFreakingValue Tue May 14, 2024 12:20 am

» Potential Super Gain with HSIG
by Investment 1st Mon May 13, 2024 12:20 am

» ජනාධිපතිවරණය - 2024
by ChooBoy Sat May 11, 2024 11:20 pm

» The IMF's Monumental Malpractices and future of Sri Lanka
by ChooBoy Sat May 11, 2024 11:18 pm

» Sri Lanka: Stock Market Fraudsters with Criminal Prosecutions
by ChooBoy Fri May 10, 2024 5:29 pm

» Sri Lanka: Policy Challenge Addressing Poverty Vulnerability as the Economy Recovers
by ResearchMan Fri May 10, 2024 12:20 pm

» SINS - the Tailwind effects of a crisis hit Economy
by Equity Win Thu May 09, 2024 7:37 pm

» TAFL is the most undervalued & highly potential counter in the Poultry Sector
by atdeane Thu May 09, 2024 7:09 pm

» Sri Lanka: Country Information Report
by God Father Thu May 09, 2024 5:22 pm

» Sri Lanka polls could risk economic recovery
by God Father Thu May 09, 2024 5:12 pm

» AGSTAR PLC (AGST.N0000)
by ResearchMan Thu May 09, 2024 12:21 pm

» Browns becomes world’s biggest tea exporter in deal with LIPTON
by sureshot Wed May 08, 2024 9:51 pm

» Colombo Stock Market: Over Valued against USD!
by ResearchMan Wed May 08, 2024 12:49 pm

» COCR IN TROUBLE?
by D.G.Dayaratne Mon May 06, 2024 9:31 am

» Maharaja advise - April 2024
by celtic tiger Tue Apr 30, 2024 12:01 am

» Srilanka's Access Engineering PLC think and Win
by Dasun Maduwantha Mon Apr 29, 2024 11:40 pm

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by ErangaDS Fri Apr 26, 2024 10:24 am

» UNION ASSURANCE PLC (UAL.N0000)
by ErangaDS Fri Apr 26, 2024 10:22 am

» ‘Port City Colombo makes progress in attracting key investments’
by samaritan Thu Apr 25, 2024 9:26 am

» Mahaweli Reach Hotels (MRH.N)
by SL-INVESTOR Wed Apr 24, 2024 11:25 pm

CONTRIBUTE
Submit Post

START NEW TOPIC

SHARE LATEST NEWS

ADD EXPERT ARTICLE New

වංශකථාවක් සිංහලෙන් ලියන්න

ADD ECONOMIC UPDATE New

ADD YOUTUBE VIDEO New

SEARCH COMPANIES

REGISTER FREE

ADMIN HELP

INTRODUCE YOURSELF New

ASK A QUESTION
LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US

Send your suggestions and comments

* - required fields
Read FINANCIAL CHRONICLE™ Disclaimer


EXPERT CHRONICLE™

RECOMMENDATIONS

SHARES TO BUY Hot

SHARES TO SELL

SHARES TO HOLD

SHARES TO AVOID

UNDERVALUED SHARES

BLUE CHIPS

SMALL CAPS

PENNY STOCKS

TOP 10 DIVIDEND STOCKS New

LERAN TO TRADE New

MY SHARE PORTFOLIO
MARKET SENTIMENTS & PREDICTIONS
SENTIMENTS»

CHRONICLE™ INDEX New

BULLISH SENTIMENTS

BEARISH SENTIMENTS

PREDICTIONS»

MARKET TOMMORROW Hot

TELLER'S PREDICTIONS

MAHARAJA'S ADVICE Hot

KARUNA'S CHOICE

PLAYER'S PICK OF THE DAY

MALTHA MALINA EXCLUSIVE

කොටස් වෙළඳපොළ2020

OPINION OF IMTIAZ BUHARDEEN

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » WHY ODEL SHOULD GO UP

WHY ODEL SHOULD GO UP

+5
indi009
VALUEPICK
Market R
gayanath1983
RPPA
9 posters

Go down  Message [Page 1 of 1]

1WHY ODEL SHOULD GO UP Empty WHY ODEL SHOULD GO UP Sat Oct 18, 2014 10:27 pm

RPPA


Expert
Expert

Friends,

I prefer your valuable comments on this.

As i have a tactical view on this.Which i would like to share with you all with the inputs of all.
Which i will post tomorrow by 5pm.

OPEN FOR DISCUSSION.

2WHY ODEL SHOULD GO UP Empty Re: WHY ODEL SHOULD GO UP Sat Oct 18, 2014 10:39 pm

gayanath1983

gayanath1983
Vice President - Equity Analytics
Vice President - Equity Analytics

RPPA wrote:Friends,

I prefer your valuable comments on this.

As i have a tactical view on this.Which i would like to share with you all with the inputs of all.
Which i will post tomorrow by 5pm.

OPEN FOR DISCUSSION.
mata nam dirawanne nathi share ekak..

3WHY ODEL SHOULD GO UP Empty Re: WHY ODEL SHOULD GO UP Sat Oct 18, 2014 10:42 pm

RPPA


Expert
Expert

gayanath1983 wrote:
RPPA wrote:Friends,

I prefer your valuable comments on this.

As i have a tactical view on this.Which i would like to share with you all with the inputs of all.
Which i will post tomorrow by 5pm.

OPEN FOR DISCUSSION.
mata nam dirawanne nathi share ekak..

But please share some thing. Think

4WHY ODEL SHOULD GO UP Empty Re: WHY ODEL SHOULD GO UP Sat Oct 18, 2014 10:53 pm

Market R

Market R
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

93.2% Softlogic
1.87% Dr Senthilvel
1.69% Northern Trust
0.54% Chambers steel
0.24% Capital Alliance
=97.54%
2.46% Available for trading

5WHY ODEL SHOULD GO UP Empty Re: WHY ODEL SHOULD GO UP Sun Oct 19, 2014 7:41 am

RPPA


Expert
Expert

[quote="Market R"]93.2% Softlogic
1.87% Dr Senthilvel
1.69% Northern Trust
0.54% Chambers steel
0.24% Capital Alliance
=97.54%
2.46% Available for trading[/quote

Tnks market R .

Some more please.

6WHY ODEL SHOULD GO UP Empty Re: WHY ODEL SHOULD GO UP Sun Oct 19, 2014 8:09 am

VALUEPICK

VALUEPICK
Expert
Expert

It is one of the very interesting stocks in the market.

7WHY ODEL SHOULD GO UP Empty Re: WHY ODEL SHOULD GO UP Sun Oct 19, 2014 8:13 am

indi009

indi009
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

I don't know the reason but my broker recommend it to buy. He's expecting it to reach around Rs.30/- levels

8WHY ODEL SHOULD GO UP Empty Re: WHY ODEL SHOULD GO UP Sun Oct 19, 2014 8:49 am

gayanath1983

gayanath1983
Vice President - Equity Analytics
Vice President - Equity Analytics

than 91 % owned by SHL. sould SHL move first..but not yet. I bought @29 in IPO...

9WHY ODEL SHOULD GO UP Empty Re: WHY ODEL SHOULD GO UP Sun Oct 19, 2014 9:01 am

CSE1

CSE1
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Market R wrote:93.2% Softlogic
1.87% Dr Senthilvel
1.69% Northern Trust
0.54% Chambers steel
0.24% Capital Alliance
=97.54%
2.46% Available for trading

Dr Senthilvel ge Amount ekath Trading walata dala hithana eka hondai ... miniha sure naha ne Very Happy

10WHY ODEL SHOULD GO UP Empty Re: WHY ODEL SHOULD GO UP Sun Oct 19, 2014 9:02 am

Market R

Market R
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Long time will take to move up to IPO price. Because I know how many Softlogic staff stuck in this IPO. And 80% of them are brought from loan that was provided by the company. When this will go near to IPO price there will be a selling pressure.

But SHL will be a great company on long tearm.

11WHY ODEL SHOULD GO UP Empty Re: WHY ODEL SHOULD GO UP Sun Oct 19, 2014 10:17 am

troy

troy
Moderator
Moderator

I earlier also raised a question.... from where Soft logic is going to fund Parkson qty buying??? Surely they will go for another loan.

The good thing is, getting available credit facilities during low interest scenarios. But the bad thing is they always pressurize gearing.

However, SHL will not allow odel prices to come down drastically from current prices since they might pledge shares to obtain credit..

12WHY ODEL SHOULD GO UP Empty Re: WHY ODEL SHOULD GO UP Sun Oct 19, 2014 10:19 am

RPPA


Expert
Expert

RPPA wrote:Friends,

I prefer your valuable comments on this.

As i have a tactical view on this.Which i would like to share with you all with the inputs of all.
Which i will post tomorrow by 5pm.

OPEN FOR DISCUSSION.

More vauable thoughts please.

13WHY ODEL SHOULD GO UP Empty Re: WHY ODEL SHOULD GO UP Sun Oct 19, 2014 12:08 pm

soileconomy

soileconomy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Did company issue a statement after the mandatory offer about the shares they collect from it ?

14WHY ODEL SHOULD GO UP Empty Re: WHY ODEL SHOULD GO UP Sun Oct 19, 2014 12:20 pm

windi5

windi5
Moderator
Moderator

if Odel to go up , i think their clothes too have to go up. queen

15WHY ODEL SHOULD GO UP Empty Re: WHY ODEL SHOULD GO UP Sun Oct 19, 2014 12:27 pm

indi009

indi009
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

windi5 wrote:if Odel to go up , i think their clothes too have to go up. queen

It's almost the end of Oct. The X'mas & New year season is round the corner.

I'm sure their clothes prices will go up Laughing Laughing Laughing

16WHY ODEL SHOULD GO UP Empty Re: WHY ODEL SHOULD GO UP Sun Oct 19, 2014 1:06 pm

troy

troy
Moderator
Moderator

indi009 wrote:
windi5 wrote:if Odel to go up , i think their clothes too have to go up. queen

It's almost the end of Oct. The X'mas & New year season is round the corner.

I'm sure their clothes prices will go up Laughing Laughing Laughing

odel clothes always up n over,.... Laughing

17WHY ODEL SHOULD GO UP Empty Re: WHY ODEL SHOULD GO UP Sun Oct 19, 2014 1:20 pm

gayanath1983

gayanath1983
Vice President - Equity Analytics
Vice President - Equity Analytics

odel clothes very expencive..

18WHY ODEL SHOULD GO UP Empty Re: WHY ODEL SHOULD GO UP Sun Oct 19, 2014 3:26 pm

RPPA


Expert
Expert

gayanath1983 wrote:
RPPA wrote:Friends,

I prefer your valuable comments on this.

As i have a tactical view on this.Which i would like to share with you all with the inputs of all.
Which i will post tomorrow by 5pm.

OPEN FOR DISCUSSION.
mata nam dirawanne nathi share ekak..

Adun (cloths) gana newi kata karanna kiwwe Laughing Laughing Laughing

Tactical widihata hithanna

19WHY ODEL SHOULD GO UP Empty Re: WHY ODEL SHOULD GO UP Sun Oct 19, 2014 3:45 pm

windi5

windi5
Moderator
Moderator

Sunday funday no tactics. AP will take it up with Otara.

20WHY ODEL SHOULD GO UP Empty Re: WHY ODEL SHOULD GO UP Sun Oct 19, 2014 6:02 pm

RPPA


Expert
Expert

RPPA wrote:Friends,

I prefer your valuable comments on this.

As i have a tactical view on this.Which i would like to share with you all with the inputs of all.
Which i will post tomorrow by 5pm.

OPEN FOR DISCUSSION.

First of all let me thank all who posted their comments

Firstly SHL is highly geared company by taking out the public deposit part of Rs.9.50Bn. They have additional borrowings of Rs.44.20 against the share holders funds of Rs.13.80Bn. So think buying SHL is feasible or not.

Though don't forget they have acquired ODEL @ 22/- per share by a special M/T facility obtained from HNB. Which is another major risk taken by SHL like what Rishan did (PCH) to finally be almost bankrupt.

So can the ODEL share price come below 22/- to be in the safe side.i would say no at least in the short term.If it comes down SHL is in serious trouble to fill the shortfall.

Currently after the major share holders sold out 22,728,567 available in free float which is 8.64% of the issued quantity.So the company is not complying with the 10% minimum float requirement. But from that volume at least 5Mn-8Mn shares should have been collected plus mandatory offer to mature.

So i would say this stock will be pushed to a level which Mr.Pathirage is comfortable with.

So on logical view point i would say buy ODEL at current prices.
Don't forget what happen to AAIC which had some twists as well.

Sponsored content



Back to top  Message [Page 1 of 1]

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » WHY ODEL SHOULD GO UP

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