Shocking!!!!!!! NO foreign investors for VONE

ccsentha · 1 Shocking!!!!!!! NO foreign investors for VONE Sun Mar 11, 2012 11:13 pm

ccsentha

Vice President - Equity Analytics

Posts : 1021
Equity Stars : 6268
Reputation : 20
Join date : 2011-04-22

Shocking!!!!!!! NO foreign investors for VONE, all have exited from VONE http://www.cse.lk/cmt/upload_cse_report_file/daily_report.pdf

stumpy · 2 Re: Shocking!!!!!!! NO foreign investors for VONE Sun Mar 11, 2012 11:26 pm

stumpy

Senior Manager - Equity Analytics

Posts : 515
Equity Stars : 5678
Reputation : 51
Join date : 2011-04-29
Location : Colombo

Yeaaaaahhoooooooooo!
As expected! Smile

ccsentha · 3 Re: Shocking!!!!!!! NO foreign investors for VONE Sun Mar 11, 2012 11:56 pm

ccsentha

Vice President - Equity Analytics

Posts : 1021
Equity Stars : 6268
Reputation : 20
Join date : 2011-04-22

What i assume is with the acquisition of HAYL, Vallibel TWO will be born.
So may be VONE will not be expanded like SHL.

New acquisitions will be vallibel two, three etc.....

ccsentha · 4 Re: Shocking!!!!!!! NO foreign investors for VONE Mon Mar 12, 2012 12:35 am

ccsentha

Vice President - Equity Analytics

Posts : 1021
Equity Stars : 6268
Reputation : 20
Join date : 2011-04-22

It's really un-imaginable to think that such a firm(VONE) which had a good reputation during and before the IPO had lost faith among the overseas investors.

But i think it's understandable, when seeing that more concentration is on developing Vallibel two, three etc.... But not on the development of VONE

chamith · 5 Re: Shocking!!!!!!! NO foreign investors for VONE Mon Mar 12, 2012 5:27 pm

chamith

Assistant Vice President - Equity Analytics

Posts : 827
Equity Stars : 5834
Reputation : 76
Join date : 2011-01-31
Location : England

Few counters got "0" foreign holding, and some counters got " " BLANK foreign holding. Is there any difference between 0 and Blank?

Slstock · 6 Re: Shocking!!!!!!! NO foreign investors for VONE Mon Mar 12, 2012 5:50 pm

Slstock

Director - Equity Analytics

Posts : 6610
Equity Stars : 13368
Reputation : 1158
Join date : 2011-01-22

chamith wrote:Few counters got "0" foreign holding, and some counters got " " BLANK foreign holding. Is there any difference between 0 and Blank?

Just a wild guess to make sense

0 means at some point foriegn holdings were there and now sold out
blank mean they never bought?

Just guessing or it could mean both the same and it is just CSE mistake.

chamith · 7 Re: Shocking!!!!!!! NO foreign investors for VONE Mon Mar 12, 2012 5:54 pm

chamith

Assistant Vice President - Equity Analytics

Posts : 827
Equity Stars : 5834
Reputation : 76
Join date : 2011-01-31
Location : England

slstock wrote:

chamith wrote:Few counters got "0" foreign holding, and some counters got " " BLANK foreign holding. Is there any difference between 0 and Blank?

Just a wild guess to make sense

0 means at some point foriegn holdings were there and now sold out
blank mean they never bought?

Just guessing or it could mean both the same and it is just CSE mistake.

Good thinking.

rijayasooriya · 8 Re: Shocking!!!!!!! NO foreign investors for VONE Mon Mar 12, 2012 7:58 pm

rijayasooriya

Senior Vice President - Equity Analytics

Posts : 1827
Equity Stars : 6805
Reputation : 134
Join date : 2011-05-25
Location : Matara

Can you tell us about the establishment of Vallibel One, what was the thinking behind it?

We had the need for a holding company and I want to establish about four-five holding companies. Valibel One is just the beginning. I have selected the companies that are making more than a billion in profit and created the holding company - Valibel One. There are not many diversified conglomerates in Sri Lanka that is another reason why we wanted to form such holding companies. In another year or two once the other companies also start making more than a billion in profit I will group them together and establish another holding company - Valibel Two. Therefore according to this model there will be four or five holding companies. Acquisitions and investments will be done through these companies.

Valibel One was one of the most successful IPOs and it commenced trading on the Colombo Stock Exchange, what was the thinking behind this and how was the response?

When we went into the stock market and issued the shares at a price of Rs 25 each, we gave the private placement for Rs 25 and the public for Rs 25 as well. There are three types of investors and to all three we gave the same price as such the investors in Sri Lanka are very happy. Some have already received 20% return in about three weeks. I feel that the shareholders will get a 100% return within a year

http://businesstoday.lk/cover_page.php?issue=240
http://forum.srilankaequity.com/t7998-deleted-say-vone-share-holders-can-get-100-profit?highlight=VONE