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LGL going to right issue !! Tue Jul 19, 2011 11:09 pm
Re: LGL going to right issue !! Tue Jul 19, 2011 11:16 pm
Re: LGL going to right issue !! Tue Jul 19, 2011 11:29 pm
Marketinvest wrote:are u sure? Ur are giving a very much price sensitive news. And when would this happen?ROHAN wrote:hey gay's LGL going to right issue near future ..... !! BE CARE
under news
Re: LGL going to right issue !! Tue Jul 19, 2011 11:33 pm
Chabbi wrote:Marketinvest wrote:are u sure? Ur are giving a very much price sensitive news. And when would this happen?ROHAN wrote:hey gay's LGL going to right issue near future ..... !! BE CARE
under news
This is not new news .. its very old news ...
Reuters: Sri Lanka’s energy-led conglomerate Laugfs Gas said it may go for rights issue or list its subsidiaries on the Colombo Stock Exchange to raise money for post-war expansion.
The fast-diversifying conglomerate, which has operations in LP gas, consumer and petroleum retailing, lubricants, leisure, and rubber products, has planned a number of new projects to capitalise on Sri Lanka’s post-war economic growth momentum.
http://www.ft.lk/2011/06/06/laugfs-mulls-rights-issue-listing-subsidiaries/
Laugfs Chairman W.K.H. Wegapitiya wrote:
“Raising fund is not an issue,” Laugfs Chairman W.K.H. Wegapitiya told Reuters in an interview. “We will go for rights issues and we will list some of our companies in the stock exchange. If possible, we will list almost all companies.”
Re: LGL going to right issue !! Wed Jul 20, 2011 12:09 am
Re: LGL going to right issue !! Wed Jul 20, 2011 12:14 amwindi5 wrote:As roshan said, we have to be careful if a right issue is comping up.when ever a right issue is declared that particular share goes down
Re: LGL going to right issue !! Wed Jul 20, 2011 12:23 am
Re: LGL going to right issue !! Wed Jul 20, 2011 3:15 am
Re: LGL going to right issue !! Wed Jul 20, 2011 10:26 pmecon wrote:good luck with LGL holders.
Re: LGL going to right issue !! Wed Jul 20, 2011 10:51 pm
Chabbi wrote:econ wrote:good luck with LGL holders.
@ Econ mate
any particular reason that u have ??
Feel like your annoying me
Re: LGL going to right issue !! Wed Jul 20, 2011 11:05 pmplayer wrote:Chabbi wrote:econ wrote:good luck with LGL holders.
@ Econ mate
any particular reason that u have ??
Feel like your annoying me
who we go for pay for rights when we all want to suck out our investments and quit with minimum losses,right issues are like blood suckers in these severe rainy days
Last edited by Rajaraam on Wed Jul 20, 2011 11:25 pm; edited 1 time in total
Re: LGL going to right issue !! Wed Jul 20, 2011 11:10 pmRajaraam wrote:player wrote:Chabbi wrote:econ wrote:good luck with LGL holders.
@ Econ mate
any particular reason that u have ??
Feel like your annoying me
who we go for pay for rights when we all want to suck out our investments and quit with minimum losses,right issues are like blood suckers in these severe rainy days
Dear player,
this is what we say. SEC should guide those companies correctly. If SEC has no authority to stop right issues, at leaste they can advice companies to differ their right isssues for sometime untill liquidity is grown. That is how SEC can pevent the market from futher fall.
Re: LGL going to right issue !! Thu Jul 21, 2011 2:42 pm
Re: LGL going to right issue !! Fri Jul 22, 2011 1:05 am Re: LGL going to right issue !! Fri Jul 22, 2011 1:08 amwindi5 wrote:LGL is a very good counter when we compare with the recent IPOs. LGL never went below the IPO price and Mr.Wegapitiya never bought shares at the mkt, below the IPO price, as Mr. Pathirage did. As enslive mentioned, they wont declarir a right issue middle of this mkt mess. May be Mr. Wega talked about a sweet dream that he saw in a day time.
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