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SING one of the big investment company in the colombo stock exchange

+5
traderathome
smallville
Arena
Slstock
shan
9 posters

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shan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

SING (SINGALANKA STANDARD CHEMICALS ) one of the big investment company in the colombo stock exchange
they are holding CSD 1.1 Million shares and some more....

if any one know please list what ever SING holding...

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

"Singalanka Standard Chemicals PLC is a public limited liability company incorporated and domiciled in SriLanka. The Factory Premises of the Company is situated at Ranala and production of chemicals had been stopped in1996 due to injunction proceedings"

Income so far was from renting warehouse.

With the right issue money, they are trying now to purchase shares of selected companies ( investment trust) and bought Standard Chemical Industries PLC which appears to bring revenue.

March 2012 year ended with (negative) 1.6 per share loss.

SING 6 month EPS 1.81
NAV 54


Highly speculative and illquid share.


Future depends on how they manage the company from now. It too early to tell as they are trying to get back in track from this year.



Shan,

Just like how you found CSD investment at Rs 10 Mil market value , please do research and post more details about this company if you want to share.

Else the way it is presented it hints a promotion.


shan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

thanks slstock,

Last Interim Financial Statements as at 30-09-2012 Best Real Investment ltd collecting SING they allready collected 18500 shares and Mr. K. C. Vignarajah also collecting.

SING last 3 month report EPS 1.99 NAVPS 54.00 they chenge the business this company one of the trading company in the colombo stock exchange.
i think bright future.

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

This is one of the best manipulated share last year. Which went from 150 to 1500 and one of the director sold the entire holding at 1500+ level.

I think this time even he is collecting slowly. He knows the path to easy money.If you really wants taking a risk is not bad....................

shan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

SING last friday also some one collecting more than 4400 shares at 100 levels.

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics

shan wrote:SING last friday also some one collecting more than 4400 shares at 100 levels.

Was it you Rolling Eyes

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

i collected today @100 Very Happy about 526shares

come or go chicago .....matchang

this one a gamble for me.

TAH

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

I also did but even lesser volume. A speculative trade based on the volume that is traded. Will not hold this investment.





traderathome wrote:i collected today @100 Very Happy about 526shares

come or go chicago .....matchang

this one a gamble for me.

TAH

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

slstock wrote:I also did but even lesser volume. A speculative trade based on the volume that is traded. Will not hold this investment.





traderathome wrote:i collected today @100 Very Happy about 526shares

come or go chicago .....matchang

this one a gamble for me.

TAH
can see a good run above previous high Very Happy lets make it double or triple Rolling Eyes hold with possible sell below 80 so good risk/reward Very Happy



Last edited by traderathome on Mon Dec 31, 2012 3:31 pm; edited 1 time in total

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

SING some big party selling and big player buying......

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

The best low cap speculative shares for me are CIFL , AAF , CLPL W.........
out of those the best is AAF at the movement but i am stuck with CLPL W14 a huge lot. Today only i am break even with it..................

mark

mark
Expert
Expert

Arena wrote:The best low cap speculative shares for me are CIFL , AAF , CLPL W.........
out of those the best is AAF at the movement but i am stuck with CLPL W14 a huge lot. Today only i am break even with it..................


thanks for trusting CLPL W in the 2nd cycle,he played well with minds of reatailers..,il show how he did later. Very Happy

shan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

SING more than 25000 traded on monday some one still collecting may be can move up...

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

@ mark.........

One concern i hv on CLPL is that the crossing of N at 93. 1.4 m odd shares. And earlier lot of buying came from Greg due tot he W conversion. so i dont see any risk with the value. The price changes drastically with very small volume. It was very difficult for me to buy my last lot at 5.50. Now averaged at 7................But i put a considerable amount this time. lets see...........

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

shan wrote:SING more than 25000 traded on monday some one still collecting may be can move up...
the price was not going below 80 also know Wink so i presume this one most tend to be happy holding and no panickers.....in the last bear run. Suspect

TAH

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Arena wrote:The best low cap speculative shares for me are CIFL , AAF , CLPL W.........
out of those the best is AAF at the movement but i am stuck with CLPL W14 a huge lot. Today only i am break even with it..................


I'm with you on AAF.. 2nd wave is on...

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

there is one more counter that i think would do a good run.....its for me to know it and for you to find out Very Happy

TAH

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

CLPL W went more than 20% ---------------Yes a small volume but wait
AAF-----------------Already u can see
CIFL---------------- Same as AAf

My comment is already proven.

Monster

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

shan wrote:SING last friday also some one collecting more than 4400 shares at 100 levels.
Gainer wrote:SING some big party selling and big player buying......
Gainer, you are correct. The big party is the Chairman of the company. He was selling his stake since 2011.

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

Monster wrote:
shan wrote:SING last friday also some one collecting more than 4400 shares at 100 levels.
Gainer wrote:SING some big party selling and big player buying......
Gainer, you are correct. The big party is the Chairman of the company. He was selling his stake since 2011.

What he bought @55 by way of right issue now he is diposing.

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

Ahh Monster you are back :-)

Monster wrote:
shan wrote:SING last friday also some one collecting more than 4400 shares at 100 levels.
Gainer wrote:SING some big party selling and big player buying......
Gainer, you are correct. The big party is the Chairman of the company. He was selling his stake since 2011.

Monster

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Yes, slstock. I am still a regular visitor to the forum. But current work load doesn't support me to contribute to the forum like earlier. Hoping to come back soon. Smile

slstock wrote:Ahh Monster you are back :-)

Monster wrote:
shan wrote:SING last friday also some one collecting more than 4400 shares at 100 levels.
Gainer wrote:SING some big party selling and big player buying......
Gainer, you are correct. The big party is the Chairman of the company. He was selling his stake since 2011.

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