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Attractive price trading OGL

+5
anges
Jana1
seek
UKboy
Gainer
9 posters

Go down  Message [Page 1 of 1]

1Attractive price trading OGL Empty Attractive price trading OGL Wed Apr 24, 2013 5:26 pm

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

When was OGL take over by PCH that time Mandatory offer price at Rs.28.00 for other exiting share holders.
Currently trading 9.40 Rupees very attractive price it can move up?
Today big qty collection at 9.00 levels



Last edited by sriranga on Wed Apr 24, 2013 5:32 pm; edited 2 times in total (Reason for editing : Expected Price posted by the poster was deleted.)

2Attractive price trading OGL Empty Re: Attractive price trading OGL Wed Apr 24, 2013 5:46 pm

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

OGL Attractive price trading, mandatory offer price at Rs.28.00

Majority of OGL shareholders say ‘no’ to PCH mandatory offer

Shareholders representing 34 percent of Orient Garments PLC’s (OGL) stated capital have rejected to sell their holdings in the company in accordance to the mandatory offer presented by PCH’s S.H.M Rishan and PCH Holdings Private Limited.

The shareholders of OGL have communicated this to the Securities and Exchange Commission (SEC) ‘irrevocably confirming that they will not accept the mandatory offer at Rs.28 per each share’.

Those who have rejected the mandatory offer were Dr.T Senthilve (8, 666, 700 shares or 15.78 percent), Finco Holdigns Private Limited (5, 132, 425 shares or 9.35 percent), Finco Private Limited (3, 168, 000)shares or 5.77 percent, Swaruparanee Weerasooriya (551, 048 shares or 1 percent), Nishan Eshandra Weerasooriya (551, 048 or shares 1 percent), Nikan Private Limited (346, 400 shares or 0.63 percent) and Sarath Chandra Weerasooriya (234, 008 shares of 0.43 percent).

Even though PCH’s Rishan bought 29.95 percent or 16, 450, 000 shares at Rs.21.50, he had to come up with a mandatory offer at Rs.28, as he had been buying OGL shares earlier around Rs.28.

Currently trading 9.00 Rupees very attractive price it can move up?



Last edited by Gainer on Wed Apr 24, 2013 8:01 pm; edited 1 time in total

3Attractive price trading OGL Empty Re: Attractive price trading OGL Wed Apr 24, 2013 5:48 pm

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Gainer wrote:When was OGL take over by PCH that time Mandatory offer price at Rs.28.00 for other exiting share holders.
Currently trading 9.40 Rupees very attractive price it can move up?
Today big qty collection at 9.00 levels

Good luck. Neutral

4Attractive price trading OGL Empty Re: Attractive price trading OGL Wed Apr 24, 2013 6:18 pm

seek


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

with the current trend, any share can give 10-15% gain. i have allocated 50% of my funds on two stocks. already sit on 20% gain. i can stay calm as the real bull of those stocks is yet to come.

5Attractive price trading OGL Empty Re: Attractive price trading OGL Wed Apr 24, 2013 7:51 pm

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

OGL last 3 month report NAVPS 12.08 ,EPS .22 , currently trading below net asset value .

6Attractive price trading OGL Empty Re: Attractive price trading OGL Wed Apr 24, 2013 9:20 pm

Jana1


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

Gainer wrote:OGL last 3 month report NAVPS 12.08 ,EPS .22 , currently trading below net asset value .

28 looks over value for garments....

7Attractive price trading OGL Empty Re: Attractive price trading OGL Wed Apr 24, 2013 9:32 pm

anges


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

junk

8Attractive price trading OGL Empty Re: Attractive price trading OGL Thu Apr 25, 2013 9:08 am

NZ BOY

NZ BOY
Moderator
Moderator

BUY OGL these Level U can Make more than 50% gain.onnnnn man nokiuvai kiyanna epa

9Attractive price trading OGL Empty Re: Attractive price trading OGL Thu Apr 25, 2013 10:53 am

Jana1


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

NZ BOY wrote:BUY OGL these Level U can Make more than 50% gain.onnnnn man nokiuvai kiyanna epa

I thk only possible if rishan can make any turnaround... Probably Dr.S would like to keep away..

10Attractive price trading OGL Empty Re: Attractive price trading OGL Thu Apr 25, 2013 10:59 am

K.Haputantri

K.Haputantri
Co-Admin

Gainer wrote:OGL Attractive price trading, mandatory offer price at Rs.28.00

Majority of OGL shareholders say ‘no’ to PCH mandatory offer

Shareholders representing 34 percent of Orient Garments PLC’s (OGL) stated capital have rejected to sell their holdings in the company in accordance to the mandatory offer presented by PCH’s S.H.M Rishan and PCH Holdings Private Limited.

The shareholders of OGL have communicated this to the Securities and Exchange Commission (SEC) ‘irrevocably confirming that they will not accept the mandatory offer at Rs.28 per each share’.

Those who have rejected the mandatory offer were Dr.T Senthilve (8, 666, 700 shares or 15.78 percent), Finco Holdigns Private Limited (5, 132, 425 shares or 9.35 percent), Finco Private Limited (3, 168, 000)shares or 5.77 percent, Swaruparanee Weerasooriya (551, 048 shares or 1 percent), Nishan Eshandra Weerasooriya (551, 048 or shares 1 percent), Nikan Private Limited (346, 400 shares or 0.63 percent) and Sarath Chandra Weerasooriya (234, 008 shares of 0.43 percent).

Even though PCH’s Rishan bought 29.95 percent or 16, 450, 000 shares at Rs.21.50, he had to come up with a mandatory offer at Rs.28, as he had been buying OGL shares earlier around Rs.28.

Currently trading 9.00 Rupees very attractive price it can move up?

Please give the source.

11Attractive price trading OGL Empty Re: Attractive price trading OGL Thu Apr 25, 2013 11:10 am

shan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

OGL very easy to go up 20.00 in this bull run market, below 20.00 it's a illiquid stock because Mandatory offer price at Rs.28.00 other share holders rejected to sell at 28.00.

12Attractive price trading OGL Empty Re: Attractive price trading OGL Thu Apr 25, 2013 11:19 am

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Majority of OGL shareholders say ‘no’ to PCH mandatory offer

Shareholders representing 34 percent of Orient Garments PLC’s (OGL) stated capital have rejected to sell their holdings in the company in accordance to the mandatory offer presented by PCH’s S.H.M Rishan and PCH Holdings Private Limited.

The shareholders of OGL have communicated this to the Securities and Exchange Commission (SEC) ‘irrevocably confirming that they will not accept the mandatory offer at Rs.28 per each share’.

Those who have rejected the mandatory offer were Dr.T Senthilve (8, 666, 700 shares or 15.78 percent), Finco Holdigns Private Limited (5, 132, 425 shares or 9.35 percent), Finco Private Limited (3, 168, 000)shares or 5.77 percent, Swaruparanee Weerasooriya (551, 048 shares or 1 percent), Nishan Eshandra Weerasooriya (551, 048 or shares 1 percent), Nikan Private Limited (346, 400 shares or 0.63 percent) and Sarath Chandra Weerasooriya (234, 008 shares of 0.43 percent).

Even though PCH’s Rishan bought 29.95 percent or 16, 450, 000 shares at Rs.21.50, he had to come up with a mandatory offer at Rs.28, as he had been buying OGL shares earlier around Rs.28.

PCH Holdings, which is acting in concert with Rishan has 21.05 percent or 11, 557, 000 shares or OGL.

http://print2.dailymirror.lk/business/127-local/55893-majority-of-ogl-shareholders-say-no-to-pch-mandatory-offer.html

13Attractive price trading OGL Empty Re: Attractive price trading OGL Thu Apr 25, 2013 3:09 pm

NZ BOY

NZ BOY
Moderator
Moderator

OGL can hit 20 very soon

14Attractive price trading OGL Empty Re: Attractive price trading OGL Thu Apr 25, 2013 3:31 pm

assasin


Equity Analytic
Equity Analytic

Tomorrow will hit 10 and im waiting for 100% return.

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