LGL Crossing at 48

maddu · 26 Re: LGL Crossing at 48 Mon Oct 10, 2011 3:21 pm

maddu

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Here is the Deal...

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

WildBear · 27 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 · 28 Re: LGL Crossing at 48 Tue Oct 11, 2011 9:26 am

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LGL is a future winner.

enslive · 29 Re: LGL Crossing at 48 Tue Oct 11, 2011 11:46 am

enslive

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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 · 30 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

market_rana · 31 Re: LGL Crossing at 48 Tue Oct 11, 2011 1:41 pm

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bakapandithaya wrote:We can expect a lot from LGL.X than LGL.N

How do you say that?

windi5 · 32 Re: LGL Crossing at 48 Tue Oct 11, 2011 2:19 pm

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enslive wrote:

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

really they are not but ppl who followed them and dumped are panic sellers, some even huge losses.

bakapandithaya · 33 Re: LGL Crossing at 48 Tue Oct 11, 2011 2:52 pm

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market_rana wrote:

bakapandithaya wrote:We can expect a lot from LGL.X than LGL.N

How do you say that?

LGL.N issued @ 25, LGL.X @ 16. Normally there was a difference of 10-12 ruppees, but now check how much is the difference

windi5 · 34 Re: LGL Crossing at 48 Tue Oct 11, 2011 3:08 pm

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Not only that , we have to consider the issued shared quantity. X is more illiquid when compare with N

market_rana · 35 Re: LGL Crossing at 48 Tue Oct 11, 2011 4:27 pm

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bakapandithaya wrote:

market_rana wrote:

bakapandithaya wrote:We can expect a lot from LGL.X than LGL.N

How do you say that?

LGL.N issued @ 25, LGL.X @ 16. Normally there was a difference of 10-12 ruppees, but now check how much is the difference

Check the possibility with following table

LGL Crossing at 48 - Page 2 Untitl13