WHAT HAPPENED TO Rs185/= KAZOO RIGHTS

3 000 000 Rights in the market
6 739 000 buyers
Yet 34 000 willing to sell under Rs20/=

Sri lankans ...Great nation..............

I also cant understand why people sell like this cheep price.

hanuma wrote:I also cant understand why people sell like this cheep price.

Simple

If you bought KZOO normal share by XR day for 1200/= you will get 60 Rights

Now if you sell 60 Rights @ 30 total gain would be 1800/=(rights)+ 700/=(Normal share) equals 2500/=

So [2500/= ]- [1200/= ]you get 1300/=Profit

That's how they calculate...
If you are wise you can hold till the end my fried
I can give a early x max gift to my wife next week

no price band, enjoy

Today this will touch RS100.00

i feel the wapo scenario here as well, so be patient until Friday.
since there are some more rights to hit to the market (late lodgers) tomorrow as well.
good luck

Hitting RS50.00

gfte wrote:i feel the wapo scenario here as well, so be patient until Friday.
since there are some more rights to hit to the market (late lodgers) tomorrow as well.
good luck

More people deposit the price will drop as whoever buy KZOO right has to pay 520/- per right to convert.

Loss Per Share : 31.03.17 - (168Rs)
Net Asset per Share reduced from 369 to 191.

Rights were issued and to be subscribed 60 to 1 @520per share (Rights trading @46 as I write)

50.000 original shares + 3Mil shares from Rights Issue to be subdivided 1 in to 100.

those who buy Rights will be paying a premium +520 in order to avail the rights.

meaning say you pay 45Rs then need to pay 520 additional.

can we do a valuation on a company that's thus far made losses... what action taken by the new management to educate the general shareholder on this. do they have free cash flow valuation on the expected return....... I don't see anything towards that rather a newspaper statement as to how they are going to invest the money generated from the rights issue.

what would be the dividend policy !

will they raise more funds from additional rights issues to complete their proposed hotel investments for which they are seeking a foreign party in case they fail.

many questions must be asked or answered ......

I think we should educate the pros and cons..... is it worth buying RIGHTS or to wait post rights and couple of quarters into KZOO and see its net earnings.

looking forward to a healthy discussion.....

in my opinion : yes RENU is a known group, but before I invest money with them... they must prove me its worth to pay 520rs per rights/52rs and split into 100 would derive 5.20

haven't we come across shares that come to 5.20 could trade further down and as low as 1Rs.....

therefore I would recommend a wait and watch approach, incase you are looking to go the distance with KZOO(tHANKS sHARK )

Again warming warming.....

Heating again.....

What will be the tomorrow starting price.......

Current equity value of the company is just Rs. 9.5 Mn. The new capital infusion is going to be Rs. 1, 560 mn. This brings totally a different picture.

When considering (a) the cash per share of the company after the rights issue and (b) the business the company is going to enter with the raised fund, the current rights price is very attractive.

Would say the current rights price gives an opportunity to buy shares at a price that will be more or less equal to the N/A value of the company, post RI.

Now we need to see the PBV ratio of companies that are into the business KZOO is going to enter - trading/holding investment instruments(Thanks Value )

Small summary of the day

Initial stage trading from 11/- up to 54/-
11 to 20 = 40519 shares
20 to 40 = 53740 shares  ( 11 to 40 total = 94259)   
40 to 54 = 14096 shares 


after that there were 264, 690 shares traded above 40/-  
(possible of 75000 share were re traded from 94259 share collected below 30/- ) so that at least over 180,000 shares were collected above 40/- today.

The total rights in the market (apart from top 20 SH) is around 480000
some rights holder may not sell until the correct moment. 
(say around 120000 rights ) 
if my guess is correct 300000 rights will not for sale until the expected price)

 if the right price move around 80/- or above by tomorrow with above 200000 qty then ,   for next 3 market days.

The latter part is my wild guess only.

gfte wrote:Small summary of the day

Initial stage trading from 11/- up to 54/-
11 to 20 = 40519 shares
20 to 40 = 53740 shares  ( 11 to 40 total = 94259)   
40 to 54 = 14096 shares 


after that there were 264, 690 shares traded above 40/-  
(possible of 75000 share were re traded from 94259 share collected below 30/- ) so that at least over 180,000 shares were collected above 40/- today.

The total rights in the market (apart from top 20 SH) is around 480000
some rights holder may not sell until the correct moment. 
(say around 120000 rights ) 
if my guess is correct 300000 rights will not for sale until the expected price)

 if the right price move around 80/- or above by tomorrow with above 200000 qty then ,   for next 3 market days.

The latter part is my wild guess only.

Why you target Friday? Till 20th it can run????

@ ruwan, Yes it can go until 20th June,
As you point out in other forum ( Ruwan999 must be you - sorry if not),
there are considerable amount of rights still to be listed in the market by tomorrow, (since, one of my friend from Ampara district told me that his rights were not listed today).
 so I guess, due to the postal problem, the right papers away from Colombo may not listed today, and it may listed on tomorrow, and day after tomorrow).

In that scenario, we must watch carefully the rights price and the volume on tomorrow to get a clear picture.

That's why I bounded my self until Friday. if all is well, then no problem, I am also happy to trade until 2.30pm on 20th June.
  Good luck

gfte wrote:@ ruwan, Yes it can go until 20th June,
As you point out in other forum ( Ruwan999 must be you - sorry if not),
there are considerable amount of rights still to be listed in the market by tomorrow, (since, one of my friend from Ampara district told me that his rights were not listed today).
 so I guess, due to the postal problem, the right papers away from Colombo may not listed today, and it may listed on tomorrow, and day after tomorrow).

In that scenario, we must watch carefully the rights price and the volume on tomorrow to get a clear picture.

That's why I bounded my self until Friday. if all is well, then no problem, I am also happy to trade until 2.30pm on 20th June.
  Good luck

Can not talk about Ruwan 999 here , got warning from NC+ not to share information anywhere and will not.

well, It is not a good idea to go till 2:30pm on 20th
1.Power cut
2.problems in the connection
3.system failures

Price band will be there for tomorrow ???
And my rights paper still didn't came and will collect it tomorrow from SSP systems office

Hope to have early x-max gifts for wife

ruwan326 wrote:

gfte wrote:@ ruwan, Yes it can go until 20th June,
As you point out in other forum ( Ruwan999 must be you - sorry if not),
there are considerable amount of rights still to be listed in the market by tomorrow, (since, one of my friend from Ampara district told me that his rights were not listed today).
 so I guess, due to the postal problem, the right papers away from Colombo may not listed today, and it may listed on tomorrow, and day after tomorrow).

In that scenario, we must watch carefully the rights price and the volume on tomorrow to get a clear picture.

That's why I bounded my self until Friday. if all is well, then no problem, I am also happy to trade until 2.30pm on 20th June.
  Good luck

Can not talk about Ruwan 999 here , got warning from NC+ not to share information anywhere and will not.

well, It is not a good idea to go till 2:30pm on 20th
1.Power cut
2.problems in the connection
3.system failures

Price band will be there for tomorrow ???
And my rights paper still didn't came and will collect it tomorrow from SSP systems office

Hope to have early x-max gifts for wife

STILL THE COLLECTION IS GOING ON, FIRE WORKS AFTER THAT

Eugine Fernando wrote:

ruwan326 wrote:

gfte wrote:@ ruwan, Yes it can go until 20th June,
As you point out in other forum ( Ruwan999 must be you - sorry if not),
there are considerable amount of rights still to be listed in the market by tomorrow, (since, one of my friend from Ampara district told me that his rights were not listed today).
 so I guess, due to the postal problem, the right papers away from Colombo may not listed today, and it may listed on tomorrow, and day after tomorrow).

In that scenario, we must watch carefully the rights price and the volume on tomorrow to get a clear picture.

That's why I bounded my self until Friday. if all is well, then no problem, I am also happy to trade until 2.30pm on 20th June.
  Good luck

Can not talk about Ruwan 999 here , got warning from NC+ not to share information anywhere and will not.

well, It is not a good idea to go till 2:30pm on 20th
1.Power cut
2.problems in the connection
3.system failures

Price band will be there for tomorrow ???
And my rights paper still didn't came and will collect it tomorrow from SSP systems office

Hope to have early x-max gifts for wife

STILL THE COLLECTION IS GOING ON, FIRE WORKS AFTER THAT

TOMORROW i WILL HAND OVER THE RIGHT PAPERS.........
SO FRIDAY ONWARD FIREWORKS.............
EARLY CHRIS- MAX

13/06/2017  264690
14/07/2017  119419
total        =384109 share traded above 40/-

i think the players played well to collect around 40/-
another 100000 is available in the market (excluding Top 20 SH) 
so, as per my guess, there will be no share to be sold.

and i had put one order at 65/-, it was accepted, so i think there will be no price band at all
(41.7*1.25= 52.10 and  41.7*1.5=62.5) 

and There were 1284 KZOO.N000 shares traded around 700/-
i believe these 1284 were taken around 600/- and now disposed at 700 by retailers
so, that now only around 1000 in the market for trading( that 1000 not for sale until drama finished, some will not sell as they watch full drama), so  if you have Normal shares, then pray your god for good time.

As 520+40=560 these normal share will come to the market only by 05/07/2017. until then market players (not  top 20 SH)
have 5000-6000 shares to play if the play makers are behind these scenes at present.

then
just imagine, 
only 500 to 1000 normal share for trading ( time period 15 June  to 04 July)
Only 100000 rights available for trading (time period 15 June to 20 June) this will fly as price band is not there.
Dears, the above is just one scenario out of many possibilities. I may completely wrong with the above assumptions.

be careful &Take care, 
good luck

gfte wrote:13/06/2017  264690
14/07/2017  119419
total        =384109 share traded above 40/-

i think the players played well to collect around 40/-
another 100000 is available in the market (excluding Top 20 SH) 
so, as per my guess, there will be no share to be sold.

and i had put one order at 65/-, it was accepted, so i think there will be no price band at all
(41.7*1.25= 52.10 and  41.7*1.5=62.5) 

and There were 1284 KZOO.N000 shares traded around 700/-
i believe these 1284 were taken around 600/- and now disposed at 700 by retailers
so, that now only around 1000 in the market for trading( that 1000 not for sale until drama finished, some will not sell as they watch full drama), so  if you have Normal shares, then pray your god for good time.

As 520+40=560 these normal share will come to the market only by 05/07/2017. until then market players (not  top 20 SH)
have 5000-6000 shares to play if the play makers are behind these scenes at present.

then
just imagine, 
only 500 to 1000 normal share for trading ( time period 15 June  to 04 July)
Only 100000 rights available for trading (time period 15 June to 20 June) this will fly as price band is not there.
Dears, the above is just one scenario out of many possibilities. I may completely wrong with the above assumptions.

be careful &Take care, 
good luck

15/06/2017  183798
16/06/2017  158522


i think the players played well to collect under 6/-
So you think still the game is on?????????

I am looking for the uncle who predicted that that rights will trade @ Rs 185.00 and the uncle who bought at RS 6.00.Is it the same uncle?

I feel sorry for the uncles who bought at Rs 54.00.

Sri Lanka funny country! Another uncle told me today.

Two More days. Let me watch.

yes ruwan, around 52000 shares below 10/- traded today. 
i think this is just retailers game now, some time the share price will go up on monday (trigaring a false alaram).
so, not get caught to the trap.
Even they may try to push the Normal share price on monday onwards.

there were plenty of time for the rights holders to sell there rights above 40/- who ever sold, happy now.

over 350000 were trade above 40, OMG, i think some big guns were sold there rights to the retailers and now collecting below 10.

gfte wrote:yes ruwan, around 52000 shares below 10/- traded today. 
i think this is just retailers game now, some time the share price will go up on monday (trigaring a false alaram).
so, not get caught to the trap.
Even they may try to push the Normal share price on monday onwards.

there were plenty of time for the rights holders to sell there rights above 40/- who ever sold, happy now.

over 350000 were trade above 40, OMG, i think some big guns were sold there rights to the retailers and now collecting below 10.

Less than 500 000 Rights with retailers(469 400) and no chance of top holders selling. Still the collection going on.

This week 834 784 traded with day traders.Anything is possible in CSE since no price band

fortuneteller wrote:I am looking for the uncle who predicted that that rights will trade @ Rs 185.00 and the uncle who bought at RS 6.00.Is it the same uncle?

I feel sorry for the uncles who bought at Rs 54.00.

Sri Lanka funny country! Another uncle told me today.

Two More days. Let me watch.

Wisdom 79 or Eugine

Both of them good on prediction

CSE unpredictable , started 54/ and went to 11/= and came back 40/= +No price band 2Days to go