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.. 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.. 
Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka
GROSS DOMESTIC PRODUCT (GDP)
Message [Page 1 of 1]
SUBDIVISION OF SHARES - ECL Tue Feb 22, 2011 4:04 pm
Re: SUBDIVISION OF SHARES - ECL Tue Feb 22, 2011 4:15 pm
Re: SUBDIVISION OF SHARES - ECL Tue Feb 22, 2011 4:58 pm
Re: SUBDIVISION OF SHARES - ECL Tue Feb 22, 2011 5:37 pmECL didn't have any issue on liquidity. It would be fairly ok if the subdivision is 2:1. But I believe 7:1 is too much for lower valued share like ECL.mono wrote:good idea if u ask me.
Re: SUBDIVISION OF SHARES - ECL Tue Feb 22, 2011 5:58 pm
Re: SUBDIVISION OF SHARES - ECL Tue Feb 22, 2011 6:00 pm
wis wrote:May be buki, cars should do a split 1:150 :-D
ECL is around Rs. 25. What are they playing at? Do they want to be a Nawaloka?
Who gains from this? Shouldn't the ECL concentrate on finding new customers, increase their profits, minimize their expenses, expand their business?
It looks like splitting is the only thing Sri Lankan companies are capable of. This shows the state of Sri Lankan companies and their management.
Re: SUBDIVISION OF SHARES - ECL Tue Feb 22, 2011 6:05 pm Re: SUBDIVISION OF SHARES - ECL Tue Feb 22, 2011 6:25 pm
Monster wrote:There are companies like DIMO, ASHO, CFIN, NEH, BFL, LCEY, HDFC, EBCR, CFLB desperately need for share split. Not ECL
Re: SUBDIVISION OF SHARES - ECL Tue Feb 22, 2011 6:56 pm
Re: SUBDIVISION OF SHARES - ECL Tue Feb 22, 2011 7:04 pm
Re: SUBDIVISION OF SHARES - ECL Tue Feb 22, 2011 7:06 pmMeta Trader wrote:
i'm speechless
Re: SUBDIVISION OF SHARES - ECL Tue Feb 22, 2011 7:11 pmmono wrote:Meta Trader wrote:
i'm speechless
are u speechless about the leak or about the split. I think the split is necessary.
Re: SUBDIVISION OF SHARES - ECL Tue Feb 22, 2011 7:27 pmMonster wrote:mono wrote:Meta Trader wrote:
i'm speechless
are u speechless about the leak or about the split. I think the split is necessary.
Mono, why do you think split is necessary for high liquidity share like ECL?
This would be better than Spit. Tue Feb 22, 2011 7:34 pm
Re: SUBDIVISION OF SHARES - ECL Tue Feb 22, 2011 7:34 pmmono wrote:Monster wrote:mono wrote:Meta Trader wrote:
i'm speechless
are u speechless about the leak or about the split. I think the split is necessary.
Mono, why do you think split is necessary for high liquidity share like ECL?
ECL is not that liquid. total shares 17mn, it's market cap is 476mn. public holding used to be around 8mn but recently there has been alot of long term buying one director bought 2mn and zoysa bought 2mn. so public float is around 4mn shares valued at around 100mn. I feel that even at these liquidity levels given the small cap size there is way too much volatility.
Oh, and i also get the feeling that the directors think that the present value of the share is difficult to maintain. an increase in liquidity might help buffer the down turn.
Re: SUBDIVISION OF SHARES - ECL Tue Feb 22, 2011 7:42 pmMeta Trader wrote:mono wrote:Monster wrote:mono wrote:Meta Trader wrote:
i'm speechless
are u speechless about the leak or about the split. I think the split is necessary.
Mono, why do you think split is necessary for high liquidity share like ECL?
ECL is not that liquid. total shares 17mn, it's market cap is 476mn. public holding used to be around 8mn but recently there has been alot of long term buying one director bought 2mn and zoysa bought 2mn. so public float is around 4mn shares valued at around 100mn. I feel that even at these liquidity levels given the small cap size there is way too much volatility.
Oh, and i also get the feeling that the directors think that the present value of the share is difficult to maintain. an increase in liquidity might help buffer the down turn.
can you remember these words .......
PCH should trade above ECL .......
Re: SUBDIVISION OF SHARES - ECL Tue Feb 22, 2011 7:43 pm Re: SUBDIVISION OF SHARES - ECL Tue Feb 22, 2011 8:06 pm Re: SUBDIVISION OF SHARES - ECL Tue Feb 22, 2011 8:20 pmchamith wrote:my question is when there is a subdivision of shares 7 for 1, technically;
27.30LKR / 7 = 3.90LKR
the share prices should adjust to 3.90 LKR. Is that whats going to happen? Or due to this announcement will the prices go up again on tomorrow?
I dont think this subdivision helps shareholders at all. Anyway ECL is a affordable share for all. I wonder whats the purpose of this decision. Anyway this information was leaked... Always the case of CSE. If the volume goes high suddenly, there is always a news on the way.....
Re: SUBDIVISION OF SHARES - ECL Tue Feb 22, 2011 11:17 pmmark wrote:wis wrote:May be buki, cars should do a split 1:150 :-D
ECL is around Rs. 25. What are they playing at? Do they want to be a Nawaloka?
Who gains from this? Shouldn't the ECL concentrate on finding new customers, increase their profits, minimize their expenses, expand their business?
It looks like splitting is the only thing Sri Lankan companies are capable of. This shows the state of Sri Lankan companies and their management.
no need of split....high liquidity will kill the value..such like RICH......
Message [Page 1 of 1]
Similar topics
Permissions in this forum:
You cannot reply to topics in this forum
Home
