Amana Takaful

Akalanka · 1 Amana Takaful Sun Apr 03, 2011 1:47 pm

Akalanka

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ATL is going for a rights issue. and after that how will it be selling .. please comment i need some advice

aship · 2 Amana Takaful.. Sun Apr 03, 2011 7:08 pm

aship

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Akalanka wrote:ATL is going for a rights issue. and after that how will it be selling .. please comment i need some advice

Firstly, it will go down to Theoretical ex-right price, but with performance it can go up to previous levels. Presently, it is at this level.
Being a low value stock it has a high liquidity and can go up.

Akalanka · 3 Re: Amana Takaful Mon Apr 04, 2011 4:28 pm

Akalanka

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thanks for quoting
At this moment ATL rights are trading.. if u do know about this right trading details please explain.

SL.Market · 4 Re: Amana Takaful Mon Apr 04, 2011 5:20 pm

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Akalanka wrote: thanks for quoting
At this moment ATL rights are trading.. if u do know about this right trading details please explain.

I recomended you to sell all atl.n and buy atl.r and convert....

you have a profit future sure.........

Akalanka · 5 Re: Amana Takaful Mon Apr 04, 2011 6:58 pm

Akalanka

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Thank u very much

but i ll have a huge loss if i sell at 2.00 .. thats d case and i dont know how convert rights ..
if u can ples giv me some info. .

aship · 6 Amana Takaful.. Mon Apr 04, 2011 8:29 pm

aship

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Akalanka wrote:Thank u very much

but i ll have a huge loss if i sell at 2.00 .. thats d case and i dont know how convert rights ..
if u can ples giv me some info. .

If you have bought ATL before XR date you would be entitle to receive rights and by now you should have received the letter with your entitlement. If you buy those Rs. 1.50 later you can sell them 2.5+ Then you will get a gain from rights.

Chabbi · 7 Re: Amana Takaful Mon Apr 04, 2011 11:57 pm

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aship wrote:

Akalanka wrote:Thank u very much

but i ll have a huge loss if i sell at 2.00 .. thats d case and i dont know how convert rights ..
if u can ples giv me some info. .

If you have bought ATL before XR date you would be entitle to receive rights and by now you should have received the letter with your entitlement. If you buy those Rs. 1.50 later you can sell them 2.5+ Then you will get a gain from rights.

I had certain shares before the EGM/ Allotment day & i bought further on allotment day ... But last week i got the Rights form. but in thr they have allocated only for earlier had shares. when i call the secretary they said thy will post me new one. still i haven't get them. only few days remains for Pay for rights ... what is the action we cud take this kind of F*** things ???

SL.Market · 8 Re: Amana Takaful Tue Apr 05, 2011 8:11 am

SL.Market

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Akalanka wrote:Thank u very much

but i ll have a huge loss if i sell at 2.00 .. thats d case and i dont know how convert rights ..
if u can ples giv me some info. .

dont warry.... sell them atl.n at 2.1 and 2.2 level buy atl.r 0.4 or 0.3... talk your broker to conver.. you have two more days... last date is 7th.....
happy trading..........

Akalanka · 9 Re: Amana Takaful Fri Apr 08, 2011 7:50 pm

Akalanka

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I was not able to sell ATl.N but i applied for the Rights and also additional shares of the same number of shares that i do have . and do hope to make the cost per share become low.. .is it ok...??
Sad