Offer by CARS & BUKI to acquire the minority shareholding of SELI,GOOD,SHAL,INDO

Rajitha wrote: IT always cracks me up when People say Sri lankan Plantation companies should not be trading above PE of 10 but the Malaysian plantation companies should be trading above PE of 80-100 !

mono wrote:so how much is CARS offering for these shares

Rajitha wrote:

mono wrote:so how much is CARS offering for these shares

Go read one of the announcements its inside there(towards end) as I saw!

Yes MetA but its dam annoying at the moment! Not to mention some of the SL plantation compared to there Malaysian rivals have better diversification and more room to grow!

Meta Trader wrote:

Rajitha wrote: IT always cracks me up when People say Sri lankan Plantation companies should not be trading above PE of 10 but the Malaysian plantation companies should be trading above PE of 80-100 !

cool down man. big boys are collecting all the plantation stocks little by little (#HOPL, MAL, BOPL etc..). when the bag full we will be able to see fire works . still we can collect all the plantation at a bargain

Rajitha wrote:Its just another shameful scam to increase the price of there shares! If you check they have given offers higher than market trading price for CARS and BUKI while have give considerably lower amount of an offer to the rest of the companies!

mono wrote:

Rajitha wrote:Its just another shameful scam to increase the price of there shares! If you check they have given offers higher than market trading price for CARS and BUKI while have give considerably lower amount of an offer to the rest of the companies!

I don't think CARS or BUKI really care too much about their share price. It's not like they get cookies when their share price goes up. They're planning on consolidating all these companies from what i hear so i take this as genuine.

slstock wrote:

mono wrote:

Rajitha wrote:Its just another shameful scam to increase the price of there shares! If you check they have given offers higher than market trading price for CARS and BUKI while have give considerably lower amount of an offer to the rest of the companies!

I don't think CARS or BUKI really care too much about their share price. It's not like they get cookies when their share price goes up. They're planning on consolidating all these companies from what i hear so i take this as genuine.

Well look from the good side. Atleast after this there will be lesser illiquid companies to drive the market up to insane levels and then come down taking the rest of the market with them to hurt the small timer investors. Am not parcularily talking about these shares but in general.

Yet again don;t know whether these shares will go up today.

slstock wrote:

slstock wrote:

mono wrote:

Rajitha wrote:Its just another shameful scam to increase the price of there shares! If you check they have given offers higher than market trading price for CARS and BUKI while have give considerably lower amount of an offer to the rest of the companies!

I don't think CARS or BUKI really care too much about their share price. It's not like they get cookies when their share price goes up. They're planning on consolidating all these companies from what i hear so i take this as genuine.

Well look from the good side. Atleast after this there will be lesser illiquid companies to drive the market up to insane levels and then come down taking the rest of the market with them to hurt the small timer investors. Am not parcularily talking about these shares but in general.

Yet again don;t know whether these shares will go up today.

Market up 2%. How many of your portfolio have gone up atleast by 0.5%? How many from top 10 list are fundamentals?
Even if I strech I can think 2.


WAPO.N0000 WATAPOTA 1942.2 647.40 50.00 2,400 20
SELI.N0000 SELINSING 1175 225.00 23.68 900 1
PHAR.N0000 COL PHARMACY 3798.9 583.50 18.15 4,700 45
NEH.N0000 NUWARA ELIYA 1199 181.50 17.84 100 1
SEMB.W0016 SEYLAN MERCHANT BANK PLC. (Warrants) 0.7 0.10 16.67 4,700 45
SHAL.N0000 SHALIMAR 1050 130.00 14.13 3,900 31
LALU.N0000 LANKA ALUMINIUM 67 6.30 10.38 2,500 8
MORI.X0000 MORISONS (Non Voting) 2200 197.10 9.84 200 2
GREG.W0003 ENV RES(2014 WARRENTS) (Warrants) 43.5 3.80 9.57 409,500 276
INDO.N0000 INDO MALAY 1400 120.70 9.43 2,300 9

econ wrote:carson seems to delist those illiquid palm oil companies from cse.
http://www.lbo.lk/fullstory.php?nid=800250148

so that is a good thing..

tubal wrote:

econ wrote:carson seems to delist those illiquid palm oil companies from cse.
http://www.lbo.lk/fullstory.php?nid=800250148

so that is a good thing..

definitely a good thing but not for the fools (yes fools) who bought those shares today well above the offer price.