LGL Crossing at 48

prabashk · 1 LGL.N cross 33,000,000 @ 48.00 Mon Oct 10, 2011 10:27 am

prabashk

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I think EPF has sold their amount of LGL.

1 Laugfs Holdings Limited 260,000,000
2 Employees Provident Fund 18,762,200
3 Perpetual Capital (Private) Limited 2 ,783,800
4 Seylan Bank Plc/W D N H deleted 2 ,692,100

maddu · 2 LGL Crossing at 48 Mon Oct 10, 2011 10:27 am

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There is a Crossing at Rs. 48 in the morning at 09:50:55 AM. Suddenly Price drop very badly... Evil or Very Mad

So what will happen this share today... Question

LGL Rs.48 Volume 33,000,0000

Happy trading...!!

aga.sanjeewa · 3 Re: LGL Crossing at 48 Mon Oct 10, 2011 10:30 am

aga.sanjeewa

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i think collection start. let's see

suja · 4 Re: LGL Crossing at 48 Mon Oct 10, 2011 10:33 am

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This is no collection this is a strategic investment by institutions, collection started last week.

maddu · 5 Re: LGL Crossing at 48 Mon Oct 10, 2011 10:51 am

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Seems to me panic sellers raining...

Universalgoal · 6 Re: LGL Crossing at 48 Mon Oct 10, 2011 10:57 am

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whats the outcome ?

mican · 7 Re: LGL Crossing at 48 Mon Oct 10, 2011 11:02 am

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Universalgoal wrote:whats the outcome ?

more than 10% appreciation gain @ the end of the day for non panics Cool

srilankanmarket · 8 Re: LGL Crossing at 48 Mon Oct 10, 2011 11:22 am

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I just bought some LGL.X and LGL.N at 28.64 and 47 (average) respectively
And On a seperate account I bought LGL.X at 28

I'm wondering whether on Wednesday Its gonna go down even further than 27.5

And are the prices that I've bought them at good ??

windi5 · 9 Re: LGL Crossing at 48 Mon Oct 10, 2011 11:25 am

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maddu wrote:Seems to me panic sellers raining...

yeap, i think panic selling.

Universalgoal · 10 Re: LGL Crossing at 48 Mon Oct 10, 2011 11:35 am

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but wtabout LGL.X why it is stag ? may be present mkt Condition

PGNN · 11 Re: LGL Crossing at 48 Mon Oct 10, 2011 12:00 pm

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Expert views

Is it worth to buy LGL.X at this levels 27.50 - 28.00 than buying LGL.N

PGNN

salt · 12 Re: LGL Crossing at 48 Mon Oct 10, 2011 12:27 pm

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PGNN wrote:Expert views

Is it worth to buy LGL.X at this levels 27.50 - 28.00 than buying LGL.N

PGNN

LGL (N) send high to do this transaction . Seller Laugf/ Buyer EPF ( subject to confirmation)
That's why LGL (x) didn't perform accordingly. Lots of experts talk about the price disparity, i decided to keep mum. This was on the cards for at least last 2 months

Dahamcse · 13 Re: LGL Crossing at 48 Mon Oct 10, 2011 12:30 pm

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LGL.X why you are so lazy.

rcharindu · 14 Re: LGL Crossing at 48 Mon Oct 10, 2011 12:30 pm

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prabashk wrote:I think EPF has sold their amount of LGL.

1 Laugfs Holdings Limited 260,000,000
2 Employees Provident Fund 18,762,200
3 Perpetual Capital (Private) Limited 2 ,783,800
4 Seylan Bank Plc/W D N H deleted 2 ,692,100

EPF Does not hold that much of quantity (today 33M @ 48 and last Friday big quantities @ 48).I think Laugh Holding Sold some to EPF.There is a rumor that government going to give managing authority of Litro to LGL.If it's true EPF fund may use to get more holding power of LGL.
Anyways now below 48 is very attractive.

CSE_SL · 15 Re: LGL Crossing at 48 Mon Oct 10, 2011 2:29 pm

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mican wrote: more than 10% appreciation gain @ the end of the day for non panics

Not a 10% gain @ the End my friend it's another loss.All this Drama performed to get rid of that pre-dealing of 33M @ 48.Price will drops back to 40's.

Universalgoal · 16 Re: LGL Crossing at 48 Mon Oct 10, 2011 2:35 pm

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all dramas

nkalansu · 17 Re: LGL Crossing at 48 Mon Oct 10, 2011 2:39 pm

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rcharindu wrote:

prabashk wrote:I think EPF has sold their amount of LGL.

1 Laugfs Holdings Limited 260,000,000
2 Employees Provident Fund 18,762,200
3 Perpetual Capital (Private) Limited 2 ,783,800
4 Seylan Bank Plc/W D N H deleted 2 ,692,100

EPF Does not hold that much of quantity (today 33M @ 48 and last Friday big quantities @ 48).I think Laugh Holding Sold some to EPF.There is a rumor that government going to give managing authority of Litro to LGL.If it's true EPF fund may use to get more holding power of LGL.
Anyways now below 48 is very attractive.

Please confirm the accuracy of this statement.

Think9 · 18 Re: LGL Crossing at 48 Mon Oct 10, 2011 2:40 pm

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i think collection start. let's see

maddu wrote:Seems to me panic sellers raining...

yeap, i think panic selling.

really shows how much u guys know abt shares.. please google and find more articles about crossings in a share mkt. pros and cons..

rcharindu · 19 Re: LGL Crossing at 48 Mon Oct 10, 2011 3:00 pm

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nkalansu wrote:

rcharindu wrote:

prabashk wrote:I think EPF has sold their amount of LGL.

1 Laugfs Holdings Limited 260,000,000
2 Employees Provident Fund 18,762,200
3 Perpetual Capital (Private) Limited 2 ,783,800
4 Seylan Bank Plc/W D N H deleted 2 ,692,100

EPF Does not hold that much of quantity (today 33M @ 48 and last Friday big quantities @ 48).I think Laugh Holding Sold some to EPF.There is a rumor that government going to give managing authority of Litro to LGL.If it's true EPF fund may use to get more holding power of LGL.
Anyways now below 48 is very attractive.

Please confirm the accuracy of this statement.

Still there are no official news about these crossings.Here i mention what i think,it's only my opinion.Crossings are execute only both parties see potential benefits,Today whole market drops no significant rally's from any share.It's kind of dead day to CSE.

natsume · 20 Re: LGL Crossing at 48 Mon Oct 10, 2011 3:16 pm

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rcharindu wrote:

nkalansu wrote:

rcharindu wrote:

prabashk wrote:I think EPF has sold their amount of LGL.

1 Laugfs Holdings Limited 260,000,000
2 Employees Provident Fund 18,762,200
3 Perpetual Capital (Private) Limited 2 ,783,800
4 Seylan Bank Plc/W D N H deleted 2 ,692,100

EPF Does not hold that much of quantity (today 33M @ 48 and last Friday big quantities @ 48).I think Laugh Holding Sold some to EPF.There is a rumor that government going to give managing authority of Litro to LGL.If it's true EPF fund may use to get more holding power of LGL.
Anyways now below 48 is very attractive.

Please confirm the accuracy of this statement.

Still there are no official news about these crossings.Here i mention what i think,it's only my opinion.Crossings are execute only both parties see potential benefits,Today whole market drops no significant rally's from any share.It's kind of dead day to CSE.

http://lbt.lk/stock-market/deals/528-gas-deal

maddu · 21 Re: LGL Crossing at 48 Mon Oct 10, 2011 3:21 pm

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Here is the Deal...

http://lbt.lk/stock-market/deals/528-gas-deal

WildBear · 22 Re: LGL Crossing at 48 Tue Oct 11, 2011 9:23 am

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It's obvious that government is set to strengthen their position in Key sectors of economy

Now they already have Litro gas, and with probable Gas exploration in Mannar, they might think of further strengthening their stake of the other market player, which is LGL. Now it's clear that the Government related funds slowly bought some amount of LGL shares from the market and then came this Crossing between Parent Company and EPF. I'm sure State funds will continue buying LGL share in next few weeks as they did with TESS,BLUE etc. and we can expect some upward trend probably of both voting and non-voting shares.On the other hand, some people of the forum might know that, there are some other hidden transactions(Small Scale) also contributed to last few weeks collection of LGL just the same way we observed during past few years.

This is only my observation, not buy and sell recommendation

pathfinder · 23 Re: LGL Crossing at 48 Tue Oct 11, 2011 9:26 am

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LGL is a future winner.

enslive · 24 Re: LGL Crossing at 48 Tue Oct 11, 2011 11:46 am

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windi5 wrote:

maddu wrote:Seems to me panic sellers raining...

yeap, i think panic selling.

I think those who collected around 40 and sold @ 50 level are not panic sellers Wink

bakapandithaya · 25 Re: LGL Crossing at 48 Tue Oct 11, 2011 1:27 pm

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We can expect a lot from LGL.X than LGL.N

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LGL Crossing at 48

1 LGL.N cross 33,000,000 @ 48.00 Mon Oct 10, 2011 10:27 am

prabashk

2 LGL Crossing at 48 Mon Oct 10, 2011 10:27 am

maddu

3 Re: LGL Crossing at 48 Mon Oct 10, 2011 10:30 am

aga.sanjeewa

4 Re: LGL Crossing at 48 Mon Oct 10, 2011 10:33 am

suja

5 Re: LGL Crossing at 48 Mon Oct 10, 2011 10:51 am

maddu

6 Re: LGL Crossing at 48 Mon Oct 10, 2011 10:57 am

Universalgoal

7 Re: LGL Crossing at 48 Mon Oct 10, 2011 11:02 am

mican

8 Re: LGL Crossing at 48 Mon Oct 10, 2011 11:22 am

srilankanmarket

9 Re: LGL Crossing at 48 Mon Oct 10, 2011 11:25 am

windi5

10 Re: LGL Crossing at 48 Mon Oct 10, 2011 11:35 am

Universalgoal

11 Re: LGL Crossing at 48 Mon Oct 10, 2011 12:00 pm

PGNN

12 Re: LGL Crossing at 48 Mon Oct 10, 2011 12:27 pm

salt

13 Re: LGL Crossing at 48 Mon Oct 10, 2011 12:30 pm

Dahamcse

14 Re: LGL Crossing at 48 Mon Oct 10, 2011 12:30 pm

rcharindu

15 Re: LGL Crossing at 48 Mon Oct 10, 2011 2:29 pm

CSE_SL

16 Re: LGL Crossing at 48 Mon Oct 10, 2011 2:35 pm

Universalgoal

17 Re: LGL Crossing at 48 Mon Oct 10, 2011 2:39 pm

nkalansu

18 Re: LGL Crossing at 48 Mon Oct 10, 2011 2:40 pm

Think9

19 Re: LGL Crossing at 48 Mon Oct 10, 2011 3:00 pm

rcharindu

20 Re: LGL Crossing at 48 Mon Oct 10, 2011 3:16 pm

natsume

21 Re: LGL Crossing at 48 Mon Oct 10, 2011 3:21 pm

maddu

22 Re: LGL Crossing at 48 Tue Oct 11, 2011 9:23 am

WildBear

23 Re: LGL Crossing at 48 Tue Oct 11, 2011 9:26 am

pathfinder

24 Re: LGL Crossing at 48 Tue Oct 11, 2011 11:46 am

enslive

25 Re: LGL Crossing at 48 Tue Oct 11, 2011 1:27 pm

bakapandithaya

26 Re: LGL Crossing at 48

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