Blue -N 8 Million Crossing at 8 Rupees - Per Share -

manula wrote:

Redbulls wrote:BLUE didn't hit Rs.8/= on or before 05/05/2012.
Seems to be we are going to loose Anjelo's contribution to this forum.
Sad no?

Read this
http://forum.srilankaequity.com/t17011p50-blue-n-8-million-crosseing-at-8-rupees-per-share#115189

http://forum.srilankaequity.com/t17011p50-blue-n-8-million-crosseing-at-8-rupees-per-share#115195

macho...now they will come with a new name and try to promote the BLUE...

I know macho.
Already one gentleman changed his ID due to the password problem.
By the way the post, posted by me regarding this issue after 14 hours transferred to the prison by well mannered Mod.(Later I deleted the post)
Seems to be some Mods are not happy about mentioning about these guys.

In this thread, Sanjaya351 informed us BLUE will be going up due to sub divition though it has no fundamentals.. So he had lot of enthusiasam..

sanjaya351 wrote:

Redbulls wrote:

anjelo wrote:blue is heating up....

In what basis you are promoting friend?
Don't you feel shame to put this type of comment?
Bulls***.

Why are you worried my friend bull - every body knows BLUE is going for a massive subdivision and for sure will have a run ..
though it has no fundamentals - if that is the case there are plenty worse ones than BLUE -

Now don't jump the gun am holding nearly 7 laks voting and i will never sell it - it is my long term investment ..

Bull you should be ashamed all the time interrupting to others and trying to dominate - if so tell others to go away from this forum ..

Any way lots of people are thinking that after the subdivision at least BLUE will come up to .80 cents - Just like it did after the 1.50 right issue ...

Then anjelo went on with a deal to quit SEF if BLUE didnt go up as he promoted.. Which was an anticipated fiasco for him... unfortunate for us we miss him.. But I must say, Sanjaya351's ID showed some brains though anjelo were a night watchmen

anjelo wrote:bro Redbulls,
you also buy some blue.n below 6.3 now brother. it will hit the highs soon...
:-)
dont miss out..
i know you will buy some even if you say blah blah blah.... :-)
just look at the buying pressure for blue.n and blue.x and the number of bids..
people are interested bro...
fools or not...
high risk high return and there will be returns for sure....
just wait and see....
ok today is 17th...
if before may5th if blue doesnt hit Rs8/- i will never ever post on this forum.
and if it does you should never ever go again me or sanjaya???
how is the deal...
oh and you also must promise to prase us too ;-) ha hahaaa
deal????

Now here; Sanju's mind got changed after hearing director's dennam magic.. How unfortunate?? What a waste of Money???

sanju351 wrote:
You are wrong my dear ..even i voted against the sub division ..
We were told about the future plans ..we are optamastic ..lets see..the new directors asked for 08 more months to pay us dividend of .25 cents per share at least ..lets seee ...in months to come any way for me BLUE is a long lonng term investment .. :

Finally it's a disaster for voting and non voting shares. This is what happens, if you go behind these kind of speculative shares. Already many warnings have given by seniors in this forum. This is a good lesson.

Monster wrote:Finally it's a disaster for voting and non voting shares. This is what happens, if you go behind these kind of speculative shares. Already many warnings have given by seniors in this forum. This is a good lesson.

Your post is also kind of a manipulation to bring the price down ..
But what ever we write here people will not Buy or sell only base on these posts ..

Be aware bootom sinking is over from monday again prices will move up ..Not only BLUE many more counters ..

Just check ..was it only BLUE GOT A BEATING noooooo see how many fundamentally sound shares got a beating ..

Lets be happy all brokers say it will move the other way around from Monday ..

Here in sri lanka ..not you and me ..the brokers and the manupilating big guns who are well conected to the governing party and its allies rule the market ..

See - We all thought that MC was a honest and good man -- How much he had earned from CSE ?
ALL WAYS WE HAVE TO FOLLOW BIG FISH AND BROKERS ..

Thats CSE ...

@Sanju 351 welcome back to the forum with different identity.. though fundamentaly shares also get beating these days they will have the future.. that why forigners are happy to buy this type of shares.. same time you will get the dividend also till holding.. but who will like to keep a loss making company shares as holding.. Big fish and borkers will do manipulating any time but dont get trapped you can hurt any time. This is your hard earn money ..think and invest..

manula wrote:@Sanju 351 welcome back to the forum with different identity.. though fundamentaly shares also get beating these days they will have the future.. that why forigners are happy to buy this type of shares.. same time you will get the dividend also till holding.. but who will like to keep a loss making company shares as holding.. Big fish and borkers will do manipulating any time but dont get trapped you can hurt any time. This is your hard earn money ..think and invest..

No my Dear ..BLUE is no more a loss making company ..that period is over and all previous losses written off now with th approval of the share holders ..

At the EGM CEO said that before end of this year BLUE will declare its first ever Dividend ..
They have lots of good new plans which were disclosed to us ...
Lets wait & see ..

Few years ago even DIST - PABC -LFIN were loss making companies and were trading @ Bellow 10 LKR - This is may be the timme for BLUE .

Wait & see ..lots of brokers say BLUE is very attractive at current Price levels ..

This time they have reduced the capital from 1064M to 208M for the purpose of recoup the accumulated losses of the company(856M).Finally poor shareholders had to bear the cost of directors mismanagement.

Lat quarter loss also 23.7M.How They will convert it in to profit making company with same management. Only they can do, ask some written back from ceylinco Investment co like last time they did.Ceylinco Investment co is a subsidiary of CSF group.MD of CEYLINCO Investment is a master person for doing fraud things even he very well knows how to give bribes to their Auditors also.

So now they have only 208M to play.I think it will be enough to cover maximum 2 years loss.So anybody can understand that what will happen to their share price after that.

Funny 208M stated capital
256m SHARES-103M ordinary shares
153M non voting shares

Just imagine the book value of share now.

market bull wrote:This time they have reduced the capital from 1064M to 208M for the purpose of recoup the accumulated losses of the company(856M).Finally poor shareholders had to bear the cost of directors mismanagement.

Lat quarter loss also 23.7M.How They will convert it in to profit making company with same management. Only they can do, ask some written back from ceylinco Investment co like last time they did.Ceylinco Investment co is a subsidiary of CSF group.MD of CEYLINCO Investment is a master person for doing fraud things even he very well knows how to give bribes to their Auditors also.

So now they have only 208M to play.I think it will be enough to cover maximum 2 years loss.So anybody can understand that what will happen to their share price after that.

Funny 208M stated capital
256m SHARES-103M ordinary shares
153M non voting shares

Just imagine the book value of share now.

Most of the time figs wont tell the right story and now that BAT & SLIC is involved and managing the company it can be a different story ..altogether ..

sanju351 wrote:

market bull wrote:This time they have reduced the capital from 1064M to 208M for the purpose of recoup the accumulated losses of the company(856M).Finally poor shareholders had to bear the cost of directors mismanagement.

Lat quarter loss also 23.7M.How They will convert it in to profit making company with same management. Only they can do, ask some written back from ceylinco Investment co like last time they did.Ceylinco Investment co is a subsidiary of CSF group.MD of CEYLINCO Investment is a master person for doing fraud things even he very well knows how to give bribes to their Auditors also.
So now they have only 208M to play.I think it will be enough to cover maximum 2 years loss.So anybody can understand that what will happen to their share price after that.

Funny 208M stated capital
256m SHARES-103M ordinary shares
153M non voting shares

Just imagine the book value of share now.

Most of the time figs wont tell the right story and now that BAT & SLIC is involved and managing the company it can be a different story ..altogether ..

Thank you market bull for the full info... wasting SLIC pepole money..same lik EPF money...other wise better to have some thing like NSB-TFC deal ne...

New comers think million times before invest in BLUE.They have reduced the stated capital by 80%.I strongly feel that can be a real impact to market price.

Also keep in mind one member is searching buyers to sell 5M blue N & 12.5M Blue X in marginal accounts.I dont know his statement is true or not.Anyway be vigilant.

market bull wrote:This time they have reduced the capital from 1064M to 208M for the purpose of recoup the accumulated losses of the company(856M).Finally poor shareholders had to bear the cost of directors mismanagement.

Lat quarter loss also 23.7M.How They will convert it in to profit making company with same management. Only they can do, ask some written back from ceylinco Investment co like last time they did.Ceylinco Investment co is a subsidiary of CSF group.MD of CEYLINCO Investment is a master person for doing fraud things even he very well knows how to give bribes to their Auditors also.

So now they have only 208M to play.I think it will be enough to cover maximum 2 years loss.So anybody can understand that what will happen to their share price after that.

Funny 208M stated capital
256m SHARES-103M ordinary shares
153M non voting shares

Just imagine the book value of share now.

sanju351 wrote:

No my Dear ..BLUE is no more a loss making company ..that period is over and all previous losses written off now with th approval of the share holders ..

Obviously there was no other way for BLUE to show at least a fraction of profits without wiping the losses.. The directors have taken too long to identify this and share holders had no other way than approving too

sanju351 wrote:
At the EGM CEO said that before end of this year BLUE will declare its first ever Dividend ..
They have lots of good new plans which were disclosed to us ...
Lets wait & see ..

New plans?? Why dont you tell us too.. They can declare a 0.10-0.20 div if they're lucky after 8 months or they want to declare 80% of their profit as dividends

sanju351 wrote:
Few years ago even DIST - PABC -LFIN were loss making companies and were trading @ Bellow 10 LKR - This is may be the timme for BLUE .

I think these companies were turned upside down due to change of management and good management practices, on the other hand these companies are in fields where ppl are always attracted to..
Would anybody stop drinking ever???
Would ppl stop saving or requesting loans form financial companies?

But what BLUE has to command such? Their business is solely rely on sales of Diamond Studded Gold Jewellery, and if the demand is low, their revenue likely get hit..

sanju351 wrote:
Wait & see ..lots of brokers say BLUE is very attractive at current Price levels ..

Could you name a few.. ??

I could send out a letter to these so called brokers and get things clarify on their assessment of BLUE.. This is really important.. becuz treating ppl as fools would not pave way for a healthy market..

GUYS Any comments about Blue.x ?

Blue -N 8 Million Crossing at 8 Rupees - Per Share

Now BLUE N 4,It will come down to real price sooner than later.... :

hashan2012 wrote:Blue -N 8 Million Crossing at 8 Rupees - Per Share

hashan2012 wrote:Blue -N 8 Million Crossing at 8 Rupees - Per Share

[/quote

May be the 2nd version of TFC...

http://www.cse.lk/cmt/upload_report_file/663_1336993667.pdf

Perfomances are really disappointing.

RIO wrote:

hashan2012 wrote:Blue -N 8 Million Crossing at 8 Rupees - Per Share

[/quote

May be the 2nd version of TFC...

yes..must be the ETF or SLIC... other wise who will buy like this .???

rijayasooriya wrote:http://www.cse.lk/cmt/upload_report_file/663_1336993667.pdf

Perfomances are really disappointing.

Hey dont say like that.. They've made a good 21.87 Mil for the FY 2012 with a reported EPS of 0.09.
(Actaul EPS is 0.0852.)

Interestingly Mr. Rishan also has 787K shares

Public Holding - 78.50%.. OMG...

Funny
Turnover only 15,452,000
Net finance income 11,155,000(They didn't describe it) may be credit back

Finally another loss 852,000.But real loss comes after adding 11,155,000.People will understand the cost of adding fraud income very soon.

smallville wrote:

rijayasooriya wrote:http://www.cse.lk/cmt/upload_report_file/663_1336993667.pdf

Perfomances are really disappointing.

Hey dont say like that.. They've made a good 21.87 Mil for the FY 2012 with a reported EPS of 0.09.
(Actaul EPS is 0.0852.)

Interestingly Mr. Rishan also has 787K shares

Public Holding - 78.50%.. OMG...

But for this Q it is again loss.

rijayasooriya wrote:

smallville wrote:

rijayasooriya wrote:http://www.cse.lk/cmt/upload_report_file/663_1336993667.pdf

Perfomances are really disappointing.

Hey dont say like that.. They've made a good 21.87 Mil for the FY 2012 with a reported EPS of 0.09.
(Actaul EPS is 0.0852.)

Interestingly Mr. Rishan also has 787K shares

Public Holding - 78.50%.. OMG...

But for this Q it is again loss.

Yes.. the overall FY result is even peanuts but as per some of our respective gents, after wiping off the debts by reducing capital they're gonna turn up profitable and give dividends in 8 months lu..
And if they cant, they'll wipe out some more until they show profits I think

smallville wrote:

rijayasooriya wrote:

smallville wrote:

rijayasooriya wrote:http://www.cse.lk/cmt/upload_report_file/663_1336993667.pdf

Perfomances are really disappointing.

Hey dont say like that.. They've made a good 21.87 Mil for the FY 2012 with a reported EPS of 0.09.
(Actaul EPS is 0.0852.)

Interestingly Mr. Rishan also has 787K shares

Public Holding - 78.50%.. OMG...

But for this Q it is again loss.

Yes.. the overall FY result is even peanuts but as per some of our respective gents, after wiping off the debts by reducing capital they're gonna turn up profitable and give dividends in 8 months lu..
And if they cant, they'll wipe out some more until they show profits I think

They can do when they'll go for right in future and then disburse the right money as dividend.
(Dirty practice,may be the solution)