MTD WALKERS PLC (KAPI.N0000)

mark · **151** Re: MTD WALKERS PLC (KAPI.N0000) Thu Jan 31, 2019 9:12 pm

mark

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hay kalu, are you working at ORIENT? Wondering whether the new ceo manipulates

shadow walker · **152** Re: MTD WALKERS PLC (KAPI.N0000) Thu Jan 31, 2019 10:01 pm

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Hi kalu351...

(SW)

NP · **153** Re: MTD WALKERS PLC (KAPI.N0000) Fri Feb 01, 2019 5:49 am

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kalu351 wrote:

NP wrote:

kalu351 wrote:

NP wrote:

Please explain this

I was expecting that BFN to follow the channel it was following for past few months. It worked this time. Those shaded circles were the base of this assumptions. And all the other circles are signals to exit or enter.

Sorry not still clear if u can explain a bit further coz all the news coming is good the private placemnt @ 19-59 and deal talks going on with few chinese banks and soft logic finances - people say ..coz of these things the share can rise above 22 in Feb ..

Does this chart justifys that and if yes how ??

I cant say that the chart justify anything about a deal or pvt placement. But looking back at yesterday's agressive buying,i can say a lot of trades are having high expectations that BFN will run a lot higher.and they are afraid of missing out. Look at the trade volume at 16.80. No wonder if the price come crasing down to 15 level again,when they all start to panic and selll. Very Happy

I predict that price will come down. But who knows how many people are waiting to buy BFN even at 20 Razz

MTD WALKERS PLC (KAPI.N0000) - Page 7 Screen14

NP · **154** Re: MTD WALKERS PLC (KAPI.N0000) Fri Feb 01, 2019 1:39 pm

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MTD WALKERS PLC (KAPI.N0000) - Page 7 Screen15

In my opinion, Better exit before it is too late.

charithaa · **155** Re: MTD WALKERS PLC (KAPI.N0000) Fri Feb 01, 2019 2:25 pm

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@kalu351 tell me when BFN will face north, again it back with 16. What ll be the status on Monday? Laughing

ruwan326 · **156** Re: MTD WALKERS PLC (KAPI.N0000) Fri Feb 01, 2019 2:38 pm

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charithaa wrote:@kalu351 tell me when BFN will face north, again it back with 16. What ll be the status on Monday?

Monday EAST-WEST Wink

Tuesday lets see.

BFN doesn't need this kind or promotion and people already bought @ 11-12 patiently waiting.

කළුවට "අල බහිනකම් හිටියට අලේ තැම්බෙනකන් ඉන්න බැහැ" Very Happy

Maharaja · **157** Exit KAPI today Thu Feb 14, 2019 8:52 am

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Members,

Exit Kapi and wait till it drops

Maharaja

THUWA · **158** Re: MTD WALKERS PLC (KAPI.N0000) Thu Feb 14, 2019 10:48 am

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Maharaja wrote:Members,
Exit Kapi and wait till it drops

Maharaja

Long time before you advice us to exit form CSE until 2020 under your post heading Market crashed Guaranteed, but Are you still trading with CSE? your discourse only applicable to us not for you know?

Maharaja · **159** Re: MTD WALKERS PLC (KAPI.N0000) Thu Feb 14, 2019 11:14 am

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KAPI we saw opportunity to trade. I traded KAPI this time. Lot of my friends made profit but some people hold saying it will go to 40. I think best option is exit and wait for direction.

Maharaja

karuna2 · **160** Re: MTD WALKERS PLC (KAPI.N0000) Thu Feb 14, 2019 11:17 am

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yes
friends did good trading
but u may be the one who hold kapi by thinking kapi will go moon

Miss-Sangeetha · **161** CSE halts trading of MTD Walkers’ shares Sun Feb 17, 2019 7:52 am

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The Colombo Stock Exchange (CSE) halted trading of MTD Walkers’ shares on Thursday after calling for clarification—albeit belatedly—about recent events at the troubled conglomerate.

Separately, the Commercial High Court issued enjoining orders in favour of eight banks, restraining MTD Walkers PLC from transferring any of its shares in any of its subsidiaries to its Malaysian parent company until it settles billions of rupees in debt to the lenders.

They are Commercial Bank of Ceylon PLC, Selyan Bank PLC, DFCC Bank PLC, National Development Bank PLC,

Bank of Ceylon, People’s Bank, Sampath Bank PLC and Nations Trust Bank PLC.

On January 21, MTD Walkers made a corporate disclosure to the CSE about a related party transaction that had taken place on January 11. It said the company will transfer 100 percent of its shares in Walkers Shipyards Ltd, Northern Power Company (Pvt) Ltd and Colombo Fort Heritage Company (Pvt) Ltd to its parent MTD Capital Berhad in Malaysia for US$ 19,098,710.83 (more than Rs 3.3 billion). MTD Capital owns of 90.78 percent of stated capital of MTD Walkers PLC.

The incoming funds were to be deployed to settle the debts of another subsidiary, CML-MTD Joint Venture Ltd, as part of a restructure. But the monies were, in turn, owed to the Exim Bank of Malaysia Berhad (according to the disclosure) and would flow back out of the country.

The corporate disclosure itself came several days late. While the transaction was dated January 11, the disclosure was filed on January 18. Just the previous day, the CSE had questioned MTD Walkers whether it had engaged in undisclosed price sensitive business activities or transactions that had caused its share price to rise (it had been climbing since mid-January).

And the company replied that it had “not engaged in any undisclosed price sensitive business activities or transactions to escalate the share price and does not have any knowledge of the reasons for such an increase in the rice of the share and the volume of the shares traded, as intimated by the Colombo Stock Exchange”.

The plaintiff banks point out that main or substantial assets of the defendant, MTD Walkers, comprise shares held in those three companies. They want their dues settled before any transfer takes place.

The Commercial Bank plaint also asserts that MTD Walkers is “fraudulently alienating the shares” set out in its corporate disclosure on related party transactions “in order to avoid payment of the sums of money” owed to the institution. It maintains that the company does not have adequate security to meet the bank’s claim and is attempting to receive monies after the sale of the said shares and transfer these funds abroad.

Major changes have been taking place at MTD Walkers–founded in 1981–since last year. It gained two new directors on December 27 amidst reports that the Malaysian investors will shed shares in coming months: Kumaragewattage Sharm Viraj Fernando and Yogendraprasath Sathiyaseelan filled two of three vacancies created by the resignations last year of Niranjan Joseph de Silva Deva-Aditya (Nirj Deva), Albert Rasakantha Rasiah and Hewawasamge Ravindranath Srilal Wijeratne.

Mr. Sathiyaseelan is the Chief Financial Officer of Supreme Global Holdings which is headed by R M Manivannan. Mr Fernando is the Managing Partner of Sharm Fernando Associates. The firm’s Financial Consultant is Sumith Ranwatta, who is also the Managing Director of Chart Business Systems (Pvt) Ltd, the company secretarial firm engaged for some time by the Supreme Group.

By the end of September 30 last year, MTD Walkers had Rs 4.2 billion in long-term debt and Rs 23.6 billion in short-term borrowings. Around Rs 22 billion is due from trade and other receivables. It has to receive Rs 6 billion from the Urban Development Authority alone, for three completed housing development projects.

According to the company’s fourth-quarter results, MTD Capital Berhad is still the major shareholder. The other top nine are Kiran Atapattu, Standard Chartered Bank Singapore, A A M Razik, Sezeka Limited, MBSL/ H W R S Jayawardena, Mrs C A D S Woodward, Sena Yaddehige, Mrs P A S Amaratunga and National Development Bank of Sri Lanka Limited.

Source-http://www.sundaytimes.lk/190217/news/cse-halts-trading-of-mtd-walkers-shares-336714.html

NP · **162** Re: MTD WALKERS PLC (KAPI.N0000) Wed Feb 20, 2019 12:05 pm

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NP wrote:
In my opinion, Better exit before it is too late.

Where is kalu when bfn is down he is not here when up he is buy buy buy Crying or Very sad

Maharaja · **163** Re: MTD WALKERS PLC (KAPI.N0000) Wed Feb 20, 2019 3:08 pm

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Now you understand what Maharaja told. Those who listened to Maharaja never lost a rupee.
Those who didnt listen to Maharaja now cannot sell KAPI at least for 5 rupees !!!

Do only trading in this market. Brokers dont have commission these days because no activity. They spread news about deals and try to make money. You will only loose money by these kind shares.

Buy and keep ALUF

Maharaja

kalu351

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NP wrote:

NP wrote:
In my opinion, Better exit before it is too late.

Where is kalu when bfn is down he is not here when up he is buy buy buy

I was away from the country and came back නැහ සහෝ මම රටේ හිටියේ නැ එකයි
මම නම් හිතන්නේ බහිනකොටයි නිවුස් තියන කොටස් ගන්න ඔනා -නිගින කොට අරන් අත පුච්ච ගන්නේ නැතුව ..මම නම් කියන්නේ සල්ලි තියනවනම් දැන් නියම වෙලාව කියල එකතු කරන්න BFN -UBC -BALA -EAST - LEDV -KHL -KHC -SERV
අම්බෝ මම කියනවට ම ගන්න එපා මට දැනෙන විදිහට ගානට ගත්තොතින් ත්ව මාස 1-2 බජට් එකෙන් පස්සේ අපිට හොද කලක් යාවි ...

හෙමින් යන කෝච්චියට සල්ලි ගෙවල ටිකට් අරන් නැග්ගම සැනසිල්ලේ යන්න පුලුවන්
ණයට නොගෙන ටික ටික එකතු කරගත්තනම් ...කල්ල මරේ වෙන්න ගොඩාක් කල් යන එකක් නැ -

easthetic · **165** Re: MTD WALKERS PLC (KAPI.N0000) Fri Feb 22, 2019 7:31 am

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kalu351 wrote:

NP wrote:

NP wrote:
In my opinion, Better exit before it is too late.

Where is kalu when bfn is down he is not here when up he is buy buy buy :cry: :evil:

I was away from the country and came back නැහ සහෝ මම රටේ හිටියේ නැ එකයි
මම නම් හිතන්නේ බහිනකොටයි නිවුස් තියන කොටස් ගන්න ඔනා -නිගින කොට අරන් අත පුච්ච ගන්නේ නැතුව ..මම නම් කියන්නේ සල්ලි තියනවනම් දැන් නියම වෙලාව කියල එකතු කරන්න BFN -UBC -BALA -EAST - LEDV -KHL -KHC -SERV
අම්බෝ මම කියනවට ම ගන්න එපා මට දැනෙන විදිහට ගානට ගත්තොතින් ත්ව මාස 1-2 බජට් එකෙන් පස්සේ අපිට හොද කලක් යාවි ...

හෙමින් යන කෝච්චියට සල්ලි ගෙවල ටිකට් අරන් නැග්ගම සැනසිල්ලේ යන්න පුලුවන්
ණයට නොගෙන ටික ටික එකතු කරගත්තනම් ...කල්ල මරේ වෙන්න ගොඩාක් කල් යන එකක් නැ -

Internet nethi ratak. :P

NP · **166** Re: MTD WALKERS PLC (KAPI.N0000) Mon Feb 25, 2019 7:50 pm

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This is my personal prediction trade at your own risk. BFN is tradable. But dont be greedy.

MTD WALKERS PLC (KAPI.N0000) - Page 7 Screen21

Uaecoindubai

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sri Lanka's troubled construction firm MTD Walkers Plc has delayed interest payments on its debentures, while assets mortgaged by its subsidiary CML MTD Construction (Pvt) Ltd have been put up for auction by a bank.

Interest on MTD Walkers listed bonds are in arrears from March 31.

A stock market disclosure said that although it had a new deadline on April 30 to pay interest, it will now be delayed, as collecting revenue has become a challenge following the Easter Sunday bombings.

"We are unable to meet this deadline due to the prevalent situation in the country, which is affecting the collections," the firm said.

"Every effort was made to collect the anticipated revenue for the settlement of debenture interest to meet the payment on due date."

MTD Walkers said that they are now expecting to make the payments before May 20, with a penal interest rate of 2 percent.

Meanwhile, Sampath Bank's directors had passed a resolution to liquidate properties mortgaged by MTD Walkers subsidiary CML MTD Construction for borrowings of over 675 million rupees, according to a newspaper notice on April 30

Uaecoindubai · **168** Re: MTD WALKERS PLC (KAPI.N0000) Thu May 02, 2019 2:59 pm

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where is the promoters? innocent investors money..

Uaecoindubai · **169** Re: MTD WALKERS PLC (KAPI.N0000) Sun May 05, 2019 2:16 pm

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LOLC securities highly recommended this share especially in kurunegala branch. what will happen investors now. (Teller's radar is every where)

Miss-Sangeetha

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Bank of Ceylon (BOC) has announced the enforcement of legal action against the default on debenture obligations by MTD Walkers Plc.

The Bank said it has handed over the documents pertaining to the matter to the Attorney General’s Department on 24 July in order to institute legal action against MTD Walkers for non-payment of interest due from the company to the investors, leading to an event of default.

In a disclosure to the CSE the bank confirmed that it has made arrangements to enforce obligations pursuant to the Trust Deed dated 22 July 2015 (as amended) through institution of legal action against MTD Walkers PLC as the Trustee to the debenture issue, and as per the resolution passed at the meeting of Debenture Holdings of MTD Walkers held on 2 May 2019.

Source- Adaderana

Our visiting lecturers of this forum on subject KAPI, now disappeared for their good escape and poor investors lost their hard earned money.

hammurabi · **171** Re: MTD WALKERS PLC (KAPI.N0000) Thu Aug 01, 2019 6:22 pm

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End of KAPI

Teller · **172** Re: MTD WALKERS PLC (KAPI.N0000) Fri Aug 02, 2019 4:50 am

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I warned members about this company earlier also. How ever i am feeling sad as we may loss one of our businesses. If authorities can help, of course we can rebuid this entity.

sanjulanka · **173** Re: MTD WALKERS PLC (KAPI.N0000) Fri Aug 02, 2019 7:35 am

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Miss-Sangeetha wrote:Bank of Ceylon (BOC) has announced the enforcement of legal action against the default on debenture obligations by MTD Walkers Plc.

The Bank said it has handed over the documents pertaining to the matter to the Attorney General’s Department on 24 July in order to institute legal action against MTD Walkers for non-payment of interest due from the company to the investors, leading to an event of default.

In a disclosure to the CSE the bank confirmed that it has made arrangements to enforce obligations pursuant to the Trust Deed dated 22 July 2015 (as amended) through institution of legal action against MTD Walkers PLC as the Trustee to the debenture issue, and as per the resolution passed at the meeting of Debenture Holdings of MTD Walkers held on 2 May 2019.

Source- Adaderana

Our visiting lecturers of this forum on subject KAPI, now disappeared for their good escape and poor investors lost their hard earned money.

ඒ ගොල්ලන්ගෙ නම් එක්කම දාන්න.අලුත් නමකින් අවොත් පොඩ්ඩක් කට්ටිය දැනුවත් කරන්න.ස0ගීත මිසී ඔයාට මම කැමතියි. I love you

Teller · **174** Re: MTD WALKERS PLC (KAPI.N0000) Fri Aug 02, 2019 9:12 am

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Misii

sanjulanka · **175** Re: MTD WALKERS PLC (KAPI.N0000) Fri Aug 02, 2019 10:22 pm

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ඔයාට හරි හිනා අපිටත් හරි හිනා ඔහොම යන් ....ටේලර් මහතාණනි ! Very Happy

Capton KIng Cool · **176** KAPI (MDT Walkers PLc) Mon Sep 09, 2019 1:54 pm

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MDT Walkers Has a announcement to CSE and One His former director is negotiating with Parent MDT Capital.PhD to purchase entire shares.

samaritan · **177** Re: MTD WALKERS PLC (KAPI.N0000) Tue Sep 10, 2019 8:56 am

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According to today's Island the potential investor is Ravi Wijeratne. Won't be surprised if the construction giant is revived under the leadership of Gota who had already planned to fast track Development & investments once elected as president. good times are ahead!
http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=210314

Winner123 · **178** Re: MTD WALKERS PLC (KAPI.N0000) Tue Sep 10, 2019 9:15 am

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Absolutely

Kaish86 · **179** Re: MTD WALKERS PLC (KAPI.N0000) Tue Sep 10, 2019 10:27 am

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How is the price of mandatory offer calculated. And what would be the price in kapi??

samaritan · **180** Re: MTD WALKERS PLC (KAPI.N0000) Tue Sep 10, 2019 12:58 pm

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Kaish86 wrote:How is the price of mandatory offer calculated. And what would be the price in kapi??

Details not known as yet.

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MTD WALKERS PLC (KAPI.N0000)

151 Re: MTD WALKERS PLC (KAPI.N0000) Thu Jan 31, 2019 9:12 pm

mark

152 Re: MTD WALKERS PLC (KAPI.N0000) Thu Jan 31, 2019 10:01 pm

shadow walker

153 Re: MTD WALKERS PLC (KAPI.N0000) Fri Feb 01, 2019 5:49 am

NP

154 Re: MTD WALKERS PLC (KAPI.N0000) Fri Feb 01, 2019 1:39 pm

NP

155 Re: MTD WALKERS PLC (KAPI.N0000) Fri Feb 01, 2019 2:25 pm

charithaa

156 Re: MTD WALKERS PLC (KAPI.N0000) Fri Feb 01, 2019 2:38 pm

ruwan326

157 Exit KAPI today Thu Feb 14, 2019 8:52 am

Maharaja

158 Re: MTD WALKERS PLC (KAPI.N0000) Thu Feb 14, 2019 10:48 am

THUWA

159 Re: MTD WALKERS PLC (KAPI.N0000) Thu Feb 14, 2019 11:14 am

Maharaja

160 Re: MTD WALKERS PLC (KAPI.N0000) Thu Feb 14, 2019 11:17 am

karuna2

161 CSE halts trading of MTD Walkers’ shares Sun Feb 17, 2019 7:52 am

Miss-Sangeetha

162 Re: MTD WALKERS PLC (KAPI.N0000) Wed Feb 20, 2019 12:05 pm

NP

163 Re: MTD WALKERS PLC (KAPI.N0000) Wed Feb 20, 2019 3:08 pm

Maharaja

164 I am here and @ 14/50 also BFN Is a BUY for me - only on Cash Thu Feb 21, 2019 9:49 pm

kalu351

165 Re: MTD WALKERS PLC (KAPI.N0000) Fri Feb 22, 2019 7:31 am

easthetic

166 Re: MTD WALKERS PLC (KAPI.N0000) Mon Feb 25, 2019 7:50 pm

NP

167 MTD Walkers Plc Assets to be sold.Bankruptcy confirmed Thu May 02, 2019 2:58 pm

Uaecoindubai

168 Re: MTD WALKERS PLC (KAPI.N0000) Thu May 02, 2019 2:59 pm

Uaecoindubai

169 Re: MTD WALKERS PLC (KAPI.N0000) Sun May 05, 2019 2:16 pm

Uaecoindubai

170 BOC enforces legal action against KAPI (MTD Walkers) Thu Aug 01, 2019 5:55 pm

Miss-Sangeetha

171 Re: MTD WALKERS PLC (KAPI.N0000) Thu Aug 01, 2019 6:22 pm

hammurabi

172 Re: MTD WALKERS PLC (KAPI.N0000) Fri Aug 02, 2019 4:50 am

Teller

173 Re: MTD WALKERS PLC (KAPI.N0000) Fri Aug 02, 2019 7:35 am

sanjulanka

174 Re: MTD WALKERS PLC (KAPI.N0000) Fri Aug 02, 2019 9:12 am

Teller

175 Re: MTD WALKERS PLC (KAPI.N0000) Fri Aug 02, 2019 10:22 pm

sanjulanka

176 KAPI (MDT Walkers PLc) Mon Sep 09, 2019 1:54 pm

Capton KIng Cool

177 Re: MTD WALKERS PLC (KAPI.N0000) Tue Sep 10, 2019 8:56 am

samaritan

178 Re: MTD WALKERS PLC (KAPI.N0000) Tue Sep 10, 2019 9:15 am

Winner123

179 Re: MTD WALKERS PLC (KAPI.N0000) Tue Sep 10, 2019 10:27 am

Kaish86

180 Re: MTD WALKERS PLC (KAPI.N0000) Tue Sep 10, 2019 12:58 pm

samaritan

181 Re: MTD WALKERS PLC (KAPI.N0000)

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