WATAPOTA REAL ASSET VALUVE Rs.20.05 why some ppl try to suicide

madu1977

madu1977

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The rights issue price of Rs. 20 per share approximates closely to the prevailing net asset value of the Company, which was Rs. 21.25 per share as at 31st December 2010. When the rights issue is concluded, the resulting net asset value per share would work out to approximately Rs. 20.05, based on the published net asset value as at end December 2010.
Guardian Fund Management Limited
Investment Managers
then why these ppl buy right around Rs.2500.00 i cant understand whats going on 21 million share trade Rs.10.30 t[/color]hat the real valuve i mean.this is big big casino market.just see some one lucky to buy 10000 share at Rs.25 just a few second price gone pass Rs.500 is this casino or what can some one explain...? what SEC authority is going to do...?

Last edited by Quibit on Tue Mar 01, 2011 5:14 pm; edited 1 time in total (Reason for editing : Spellings corrected)

Slstock

Slstock

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Thats what I earlier said in another thread. As below

slstock wrote:

tubal wrote:

dmjesua wrote:Hi, Slstock, Manipulators have earned the money from our small retailers. But, What next?????? What may be the price of WAPO after Rights?? Today Rights closed at 500/=. so, if Normal share come down to this level, what will happen to the investors who bought it over 3000/=????? How many will suicide? on other hand, can we expect another manipulation of Rights to keep it more than 3000?? Really confusing share....!!!!!!

Well they will not get any sympathy from me. Only the biggest kind of fool would buy a share at 2000 when it's real value is more like 200. My signature says it all.

More like Rs 20. See what the COmpany said in their Interim report. To Company it is worth Rs 2 at most as below. Then comes the crossing at Rs 10.3. Anyone who buy it at Rs 500 even, why do they buy it. I agree with Tubal. No sympathy for them from me too.

"The rights issue price of Rs. 20 per share approximates closely to the prevailing net asset value of the
Company, which was Rs. 21.25 per share as at 31st December 2010. When the rights issue is concluded, the
resulting net asset value per share would work out to approximately Rs. 20.05, based on the published net
asset value as at end December 2010. "

hotstock

hotstock

Manager - Equity Analytics

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My confusion is why SEC is in 'dont care' mode

From their view, Do they think this is legal? Perhaps this may be the reason most of the illiquid shares trying to show their 'flying colours'

achala75

achala75

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No price ban for WAPO. I cant understand this.

aruna · 5 correct if I am wrong...... Wed Mar 02, 2011 12:05 am

aruna

Stock Trader

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if i buy WAPO share few days before @ 5000/- my cost is Rs. 500,000 and i entitled 3750 rights (75:2).

Then, today if i sell those rights @ Rs. 700/- my revenue is Rs. 2,625,000 without selling my 100 shares even. Return is more than 500%. ( easily we could sell above 1000/- all the rights today early morning.

It gave amazing return.................................................

So, what you guys think now????????

Then again, rights are now around 500/-. may be this also give same kind of return. but who knows?????????

mark

mark

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http://www.cse.lk/cmt/upload_cse_announcements/541298983816_.pdf
http://www.cse.lk/cmt/upload_cse_announcements/4581298979056_.pdf

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WATAPOTA REAL ASSET VALUVE Rs.20.05 why some ppl try to suicide

1 WATAPOTA REAL ASSET VALUVE Rs.20.05 why some ppl try to suicide Tue Mar 01, 2011 5:05 pm

madu1977

2 Re: WATAPOTA REAL ASSET VALUVE Rs.20.05 why some ppl try to suicide Tue Mar 01, 2011 5:22 pm

Slstock

3 Re: WATAPOTA REAL ASSET VALUVE Rs.20.05 why some ppl try to suicide Tue Mar 01, 2011 6:16 pm

hotstock

4 Re: WATAPOTA REAL ASSET VALUVE Rs.20.05 why some ppl try to suicide Tue Mar 01, 2011 9:53 pm

achala75

5 correct if I am wrong...... Wed Mar 02, 2011 12:05 am

aruna

6 Re: WATAPOTA REAL ASSET VALUVE Rs.20.05 why some ppl try to suicide Wed Mar 02, 2011 12:16 am

mark

7 Re: WATAPOTA REAL ASSET VALUVE Rs.20.05 why some ppl try to suicide

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