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PAP Mandatory Offer !!!

+4
seyon
GJ
Chabbi
BenZ
8 posters

Go down  Message [Page 1 of 1]

1PAP Mandatory Offer !!! Empty PAP Mandatory Offer !!! Mon Jun 13, 2011 12:20 pm

BenZ

BenZ
Manager - Equity Analytics
Manager - Equity Analytics

PAP moved up so fast in last 10 mins. Is this an early signal about the news of Mandatory offer ?

2PAP Mandatory Offer !!! Empty Re: PAP Mandatory Offer !!! Mon Jun 13, 2011 12:23 pm

Chabbi

Chabbi
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

BenZ wrote:PAP moved up so fast in last 10 mins. Is this an early signal about the news of Mandatory offer ?

I'm Too awaiting .......................

3PAP Mandatory Offer !!! Empty Re: PAP Mandatory Offer !!! Mon Jun 13, 2011 12:24 pm

GJ


Manager - Equity Analytics
Manager - Equity Analytics

what price?

4PAP Mandatory Offer !!! Empty Re: PAP Mandatory Offer !!! Mon Jun 13, 2011 12:27 pm

seyon


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

GJ wrote:what price?

They have to go for high price paid within 12 months. if so can someone tell u What is highest paid by emagewise for this deal.

5PAP Mandatory Offer !!! Empty Re: PAP Mandatory Offer !!! Mon Jun 13, 2011 12:30 pm

Chabbi

Chabbi
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

seyon wrote:
GJ wrote:what price?

They have to go for high price paid within 12 months. if so can someone tell u What is highest paid by emagewise for this deal.

Rs. 8.80 Smile Will thy ??? if thr going.... price will go beyond 10 in shrt term Very Happy

6PAP Mandatory Offer !!! Empty Re: PAP Mandatory Offer !!! Mon Jun 13, 2011 12:34 pm

seyon


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

Chabbi wrote:
seyon wrote:
GJ wrote:what price?

They have to go for high price paid within 12 months. if so can someone tell u What is highest paid by emagewise for this deal.

Rs. 8.80 Smile Will thy ??? if thr going.... price will go beyond 10 in shrt term Very Happy

Yes Chabbi It should be. just check other mandatory docs like HAYL, SUGA,PHAR

7PAP Mandatory Offer !!! Empty Re: PAP Mandatory Offer !!! Mon Jun 13, 2011 12:36 pm

BenZ

BenZ
Manager - Equity Analytics
Manager - Equity Analytics

There were few crossings @ 8.00, 8.20, 7.20 levels.
Don't know buyer was Imagewise or not on those crossings.

Also Imagewise bought from the market too.

8PAP Mandatory Offer !!! Empty Re: PAP Mandatory Offer !!! Mon Jun 13, 2011 12:40 pm

seyon


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

BenZ wrote:There were few crossings @ 8.00, 8.20, 7.20 levels.
Don't know buyer was Imagewise or not on those crossings.

Also Imagewise bought from the market too.

If we exactly know the price, we can try on this.

9PAP Mandatory Offer !!! Empty Re: PAP Mandatory Offer !!! Mon Jun 13, 2011 12:42 pm

Chabbi

Chabbi
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

BenZ wrote:There were few crossings @ 8.00, 8.20, 7.20 levels.
Don't know buyer was Imagewise or not on those crossings.

Also Imagewise bought from the market too.

I think PAP somethng happening ...... i think HNWI's not expected tht Malaysian guy would sell .... But Malaysian guy dd it ....... so Dnt knw WHO Holds Higher % of PAP ......

i think thr awaiting till PB ............. ??

@ Sey .. & my question will thy go for 8.80 ?????????

10PAP Mandatory Offer !!! Empty Re: PAP Mandatory Offer !!! Mon Jun 13, 2011 12:45 pm

bull


Equity Analytic
Equity Analytic

I sold today 7 for .30 cents loss. I'm very uncomfortable holding this share.

11PAP Mandatory Offer !!! Empty Re: PAP Mandatory Offer !!! Mon Jun 13, 2011 12:51 pm

bull


Equity Analytic
Equity Analytic

My six senses are on on FLCH, RCL & DIST. Smile

12PAP Mandatory Offer !!! Empty Re: PAP Mandatory Offer !!! Mon Jun 13, 2011 12:51 pm

seyon


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

Chabbi wrote:
BenZ wrote:There were few crossings @ 8.00, 8.20, 7.20 levels.
Don't know buyer was Imagewise or not on those crossings.

Also Imagewise bought from the market too.

I think PAP somethng happening ...... i think HNWI's not expected tht Malaysian guy would sell .... But Malaysian guy dd it ....... so Dnt knw WHO Holds Higher % of PAP ......

i think thr awaiting till PB ............. ??

@ Sey .. & my question will thy go for 8.80 ?????????

Yes Chabbi If emagewise collected even small qty @ 8.8 level, they should go with price.

better to confirm the price they bought during the deal

I attach the HAYl Mandatory doc, pls refer http://www.cse.lk/cmt/uploadAnnounceFiles/7351296217408_505.pdf

13PAP Mandatory Offer !!! Empty Re: PAP Mandatory Offer !!! Mon Jun 13, 2011 12:52 pm

RIO

RIO
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

I have a question...to go for a MO even @ 7/-...do this PAP worth that much...& what short of ROI can the new investor expect from PAP...? how long they ll have to hang on to it, to get their investments fairly worth if bought @ 7/-??? bounce & finally for retailers who buys @ 7 or 8...what is their return if not for mkt capital gains...?

14PAP Mandatory Offer !!! Empty Re: PAP Mandatory Offer !!! Mon Jun 13, 2011 12:57 pm

BenZ

BenZ
Manager - Equity Analytics
Manager - Equity Analytics

Lets consider CLND...

Is it worth @ 20 levels considering its Price earnings ?? Its a loss making company. But DJ bought 20% stake.

PAP is better than CLND since PAP is making profit atleast.

Current earnnings is not a big factory when someone looking for takeover. He loves the assets and future forecast of the company.

15PAP Mandatory Offer !!! Empty Re: PAP Mandatory Offer !!! Mon Jun 13, 2011 1:13 pm

GJ


Manager - Equity Analytics
Manager - Equity Analytics

BenZ wrote:PAP moved up so fast in last 10 mins. Is this an early signal about the news of Mandatory offer ?

why man why?
it is going down again

16PAP Mandatory Offer !!! Empty Re: PAP Mandatory Offer !!! Mon Jun 13, 2011 1:26 pm

Chabbi

Chabbi
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

seyon wrote:
Chabbi wrote:
BenZ wrote:There were few crossings @ 8.00, 8.20, 7.20 levels.
Don't know buyer was Imagewise or not on those crossings.

Also Imagewise bought from the market too.

I think PAP somethng happening ...... i think HNWI's not expected tht Malaysian guy would sell .... But Malaysian guy dd it ....... so Dnt knw WHO Holds Higher % of PAP ......

i think thr awaiting till PB ............. ??

@ Sey .. & my question will thy go for 8.80 ?????????

Yes Chabbi If emagewise collected even small qty @ 8.8 level, they should go with price.

better to confirm the price they bought during the deal

I attach the HAYl Mandatory doc, pls refer http://www.cse.lk/cmt/uploadAnnounceFiles/7351296217408_505.pdf

Thnx Seyon .... Very Happy i think tht's thy getting rest of things from mkt @ lower rate ... thn thy could announce M. O @ higher rate Evn Very Happy Bcz high range with thm ... thn bcz of MO price will hike with existing stocks...

But BenZ juss check CLND last annual report it says now thy turned up to profitable firm Very Happy

Let Await for SURPRISE Very Happy

17PAP Mandatory Offer !!! Empty Re: PAP Mandatory Offer !!! Mon Jun 13, 2011 1:28 pm

Chabbi

Chabbi
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

& PB is release from TODAY ......................... Keep Watching D

18PAP Mandatory Offer !!! Empty Re: PAP Mandatory Offer !!! Mon Jun 13, 2011 1:31 pm

maalinda


Manager - Equity Analytics
Manager - Equity Analytics

RIO wrote:I have a question...to go for a MO even @ 7/-...do this PAP worth that much...& what short of ROI can the new investor expect from PAP...? how long they ll have to hang on to it, to get their investments fairly worth if bought @ 7/-??? bounce & finally for retailers who buys @ 7 or 8...what is their return if not for mkt capital gains...?

Dilith own imagewise offered 86 to REEF... is it worth that much ?? they may have bigger plans which we cant understand... or which may take sometime we to understand.

19PAP Mandatory Offer !!! Empty Re: PAP Mandatory Offer !!! Mon Jun 13, 2011 2:14 pm

BenZ

BenZ
Manager - Equity Analytics
Manager - Equity Analytics

Todays Crossings............


PAP.N0000 PANASIAN POWER 1 0.00 0 0.00 0 -1.00 6.80 5,532,600 13:18:49 -0.10 -1.47 0.00 0.00 1 5,532,600 37,621,681 N/A

20PAP Mandatory Offer !!! Empty Re: PAP Mandatory Offer !!! Mon Jun 13, 2011 8:23 pm

cse.alpha


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Rule #36 of Company Take-overs and Mergers Code 1995, as amended in 2003

36. Any person, or persons acting in concert with such person, who acquire or hold ten per centum or more of the shares or voting rights of a company, shall report their holdings to such company, the Commission and the Stock Exchange within two market days of such acquisition.

- So where is announcement by Emagewise after their alleged purchase of 20% of PAP on 6th June 2011 ? Have they already got rid of holdings to under 10%, or have they transferred some out to partners ?
- No announcement of any 10% PAP buyer on CSE website by 13th June 2011
- 30% needed to trigger Mandatory Offer

http://www.lankabusinessonline.com/fullstory.php?nid=1514899438

http://www.ft.lk/2011/06/07/dial-%E2%80%98dilith%E2%80%99-for-a-deal/

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