ASPH possible announcement

Gainer · 1 ASPH possible announcement Thu Sep 06, 2012 10:59 pm

Gainer

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ASPH tomorrow possible to announce Rs 1.50 dividend , 28th of this month held AGM meeting highly expecting good news for ASPH share holders may be share split.

smallville · 2 Re: ASPH possible announcement Thu Sep 06, 2012 11:55 pm

smallville

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Gainer, if you dont stop this nuisance share split theory I'll have to ban you from the forum..
Companies may announce dividends but you've been splitting shares since last year.. Up to now how many of those split?

When the share is split, the value goes down since many can reach.. A disastrous split such as SFS, RICH put the share price in jeopardy since it could take a long time to move up..

Gainer · 3 Re: ASPH possible announcement Fri Sep 07, 2012 1:28 am

Gainer

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smallville, you don't compare with RICH and SFS before split it was liquidity stocks when split the liquidity stocks not possible to go up.
when split the illiquid stocks only possible to go up.
example :EMER last year it was split the shares before split traded at 800.00 levels after split it was went up 3800.00 i sold at 3600.00
please try to think technicaly you are not 100% correct man how can you ban me if you want to ban no problem for me you don't give me threat.
http://forum.srilankaequity.com/t3605-emer-possible-sub-division-of-shares?highlight=emer

Last edited by Gainer on Fri Sep 07, 2012 7:32 pm; edited 1 time in total

bullrun · 4 Re: ASPH possible announcement Fri Sep 07, 2012 6:05 am

bullrun

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Gainer wrote:smallville, you don't compare with RICH and SFS before split it was liquidity stocks when split the liquidity stocks not possible to go up.
when split the illiquid stocks only possible to go up.
example :EMER last year it was split the shares before split traded at 800.00 levels after split it was went up 3800.00 i sold at 3600.00
please try to think technicaly your are not 100% correct man how can you ban for me if you want to ban no problem for me you don't give me threat.http://forum.srilankaequity.com/t3605-emer-possible-sub-division-of-shares?highlight=emer

The highlighted words seems like not appropreate. Better ease your feeling before pen the words please.

Fresher · 5 Re: ASPH possible announcement Fri Sep 07, 2012 7:43 am

Fresher

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Use proper punctuations please.

Gainer, what some of us are trying to say is this. This mentality of price shoots up after a split announcement should not be the same now.

Last year if an illiquid was trading at 2000/-, unless one wants to pay a premium in the odd lot, he/she needed 200,000/- to buy 100 shares from the normal lot, which was out of hands of many.

Now you can easily buy 10 shares or even 1 share for as low as 2,000/- just the same as buying 100 shares of something worth 20/-
So there is no advantage really because of these illiquids trading at a high price, if that is your argument.

I'm editing the title since it gives a wrong interpretation

aj · 6 Re: ASPH possible announcement Fri Sep 07, 2012 8:03 am

aj

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npp wrote:
Last year if an illiquid was trading at 2000/-, unless one wants to pay a premium in the odd lot, he/she needed 200,000/- to buy 100 shares from the normal lot, which was out of hands of many.

Now you can easily buy 10 shares or even 1 share for as low as 2,000/- just the same as buying 100 shares of something worth 20/-
So there is no advantage really because of these illiquids trading at a high price, if that is your argument.

Very true. Splitting shares is nonsense. Because there is no 100 lot thing now buying few shares doesn't cost you even thousands.
Splitting shares was a common thing in those days. The reason was the investors thought splitting 100/- share into 10 shares gave them 10 shares of 100/- each instead of true value of 10 shares of 10/- value.

smallville · 7 Re: ASPH possible announcement Fri Sep 07, 2012 8:11 am

smallville

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Gainer wrote:smallville, you don't compare with RICH and SFS before split it was liquidity stocks when split the liquidity stocks not possible to go up.
when split the illiquid stocks only possible to go up.
example :EMER last year it was split the shares before split traded at 800.00 levels after split it was went up 3800.00 i sold at 3600.00
please try to think technicaly your are not 100% correct man how can you ban for me if you want to ban no problem for me you don't give me threat.
http://forum.srilankaequity.com/t3605-emer-possible-sub-division-of-shares?highlight=emer

SFS was not liquid, lot of shares were with Edirisinhe family who did not sell low..
It had the pattern of swinging from 80 to 100 then later fell to 60.
Even now Public holdings as at 31 st March 2012 is 50 Mil shares (10%) Still 88% hold by Edirisinghe family.
But they made it a liquid share (500 Mil shares) and made it immoovable.
BTW... Mr. N. H. Godahewa holds 1,563,200 shares Rolling Eyes

Then shall we talk about SPEN with its 1 to 15 sub div in 2010? Yes it went pass 2500 before split
But the share is still struggling to pass 120 now..

EMER with its disterous 1:70 Sub div? Previous Rs.3.00 dividend fall to Rs.0.08. As you said it had a good run but how can someone keep a share in his portfolio for sometime expecting a sub division?
Its like a FD with variable interest rate, u never know when can it go up or down..
What if instead of a sub dividion, a rights issue is announced?

A share should be collected after a sub division with lot of analysis. Especially timing need to be correct..
i.e. if u collect EMER when it was 7 rupees.. now a good gain, instead if u've collected it after sub division in 35s,ur a big looser now..

KZOO has come to 5000 from 1000s wqith 531 shares traded Twisted Evil

Technically I'm not 100% correct but what u do is not technical trading.. its dream trading.. U dream a company would split and stop at nothing to tell us that its gonna happen.. So if all the companies u said had split we would be lucky.. But if we listened to you we would've been in deep S%I& now.. This is why I had to warn you.. Nothing personal.. U may be an experienced guy in CSE but its childish to say every illiquid share would split..

[Quote = "Gainer"]ASPH something will happen very soon, highly expecting next week good announcement may be sub division of sharers (split) ,now trading very low price mojar opportunity for buy.
[/Quote]

Lately u've been talking abt ASPH as well.. The following posts may show ur desperation towards this..

ASPH possible announcement Gainer10