SMLL - Announcement

Gaja wrote:http://www.cse.lk/cmt/upload_cse_announcements/601298632993_.pdf

smallville wrote:I expected a lot more from SMLL than this.. right issue was not a good thing at this stage but however looking at the earlier right issue, this is gonna be a success too.. The public share holding was around 2.8+% and this is easy manipulation if you ask me..
Ya.. this will be in high demand and it wont be a miracle if this runs again for ridiculas prices again like earlier ;-)

Now I think this can go up to 150 Ohhh in vain I quit to buy back when it falls

tubal wrote:After all that has happened , I think no self respecting company should attach warrants to their rights

smallville wrote:

tubal wrote:After all that has happened , I think no self respecting company should attach warrants to their rights

We cant really say its absurd, but I agree they should not issue warrants.. on the other hand, as econ said, it increases the demand.. so this can easily be lifted up.. see the public listening is so low.. I dont remember any other company where public holding is below 3%.. so buyer has to go for sellers price if seller is not coming at a low price..

Now see how easily this could reach a higher price? I think this will get caught in a price ban

mark wrote:now i just got the feeling about the seller in past days.....
surely PEOPLES LEASING............
WHY-because they want to collect money from investors by right issue,if they have more shares with them they couldn't collect much money from investors,so that may be the reason for dump some shares at last days...........
i may be wrong........

godswen wrote:I don't know Why do they take rights issue as a positive factor?


And SMLL had a rights issue recently in last August!

Aamiable wrote:

godswen wrote:I don't know Why do they take rights issue as a positive factor?


And SMLL had a rights issue recently in last August!

Collecting from share holders what is in return. HNB gives large dividend. SAMP, COMB gives benefits to the share holders.

seyon wrote:

smallville wrote:

tubal wrote:After all that has happened , I think no self respecting company should attach warrants to their rights

We cant really say its absurd, but I agree they should not issue warrants.. on the other hand, as econ said, it increases the demand.. so this can easily be lifted up.. see the public listening is so low.. I dont remember any other company where public holding is below 3%.. so buyer has to go for sellers price if seller is not coming at a low price..

Now see how easily this could reach a higher price? I think this will get caught in a price ban

Hi smallville

Is it worth to enter into this counter at this price level..........

Happy Trading

smallville wrote:

seyon wrote:

Hi smallville

Is it worth to enter into this counter at this price level..........

Happy Trading

What I See is Seyon, this is gonna go haywire soon with the attraction for the price (for rights) and attatched warrents...
I did not expect for them to come out with rights issues without annocuncing a good plan of increasing their profits... The mother compnay holds a considerable amt of shares and its very easy for them to dump a little and get some money upfront before a rights isse (as u may have seen our members discussed this earlier as well ;-))
So in my books noting to gain from this as a true investment.. but for a short term trade I see some positive side.. If history itself repeasts we know where SMLL is heading

So monitor the price levels on Monday and play safe...

smallville wrote:

seyon wrote:

smallville wrote:

tubal wrote:After all that has happened , I think no self respecting company should attach warrants to their rights

We cant really say its absurd, but I agree they should not issue warrants.. on the other hand, as econ said, it increases the demand.. so this can easily be lifted up.. see the public listening is so low.. I dont remember any other company where public holding is below 3%.. so buyer has to go for sellers price if seller is not coming at a low price..

Now see how easily this could reach a higher price? I think this will get caught in a price ban

Hi smallville

Is it worth to enter into this counter at this price level..........

Happy Trading

What I See is Seyon, this is gonna go haywire soon with the attraction for the price (for rights) and attatched warrents...
I did not expect for them to come out with rights issues without annocuncing a good plan of increasing their profits... The mother compnay holds a considerable amt of shares and its very easy for them to dump a little and get some money upfront before a rights isse (as u may have seen our members discussed this earlier as well ;-))
So in my books noting to gain from this as a true investment.. but for a short term trade I see some positive side.. If history itself repeasts we know where SMLL is heading

So monitor the price levels on Monday and play safe...

tubal wrote:Don't touch it mate. It's so obviously managed by a bunch of idiots without a clue about managing their capital. Why else have two rigthts issues within four months of each other?

slstock wrote:SMLL is going down. Or is it consolidating? Cannot say yet.

Have the investors got smarter about the rights issues now. I noticed LITE, OSEA right issues had a negative impact. Maybe people are more aware of SMLL now after the last right issue which we all know what happend.

I wanted to buy some today but bot sure which way this will go right now.

Monster wrote:

slstock wrote:SMLL is going down. Or is it consolidating? Cannot say yet.

Have the investors got smarter about the rights issues now. I noticed LITE, OSEA right issues had a negative impact. Maybe people are more aware of SMLL now after the last right issue which we all know what happend.

I wanted to buy some today but bot sure which way this will go right now.

In the recent past right issues had the negative impact Ex. MARA, CSEC (except WAPO. It's unpredictable;) ). Now SMLL also can follow the same. I feel, it's risky to touch this at this moment.