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INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) - Page 11 93409451_1097484607274181_2076022298501971968_o.jpg?_nc_cat=100&_nc_sid=ca434c&_nc_ohc=FU1XDWUMQnUAX_oo45S&_nc_oc=AQm1V74gISwR0cIabzb4-Qw8wG5n0XskuHq1DMfh5tqy1AkwJ8mrFmBZywxpzI81jEI&_nc_ht=scontent.fcmb3-1
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Sri Lanka Equity Forum » Stock Market Talk » INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000)

INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000)

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201INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) - Page 11 Empty Re: INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) on Fri Sep 25, 2020 11:52 am

Eranga87


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
last chance .30 buying..

thananjey


Equity Analytic
Equity Analytic
This share came dwn from 449/- to 0.3 cents??? 
Why is that???

Master D


Senior Equity Analytic
Senior Equity Analytic
@thananjey wrote:This share came dwn from 449/- to 0.3 cents??? 
Why is that???

rights issue.

hiransilva23


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Master D wrote:
@thananjey wrote:This share came dwn from 449/- to 0.3 cents??? 
Why is that???

rights issue.
Still confused🙄🙄449 to .30 means how many times depreciated 🙄🙄

Imti2020


Stock Trader
There was a split in March 2020 for every share held they gave another 4500 shares free,

Eranga87


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Master D wrote:
@thananjey wrote:This share came dwn from 449/- to 0.3 cents??? 
Why is that???

rights issue.

ASPH announced share sub-division (1;4500) on 20th March 2020, the effect from 18th May. share subdivision is where the shares in an existing share class are each subdivided into two or more new shares. 
In this case- ASPH, if you got 1 share, after sub-division, you entitled to get 4500 no.of shares. At that time, share traded @ Rs.350-450 level (NAV Rs.825). after subdivision, investor ASPH Avg. cost is 0.07cents (NAV Rs.0.17cents). after a few days, they announced the right issue @ 0.20 cents.


ASPH share split really benefited person who got ASPH before the share split. within few people earned more than 100% returns. ASPH always thinking their stakeholder, and try to give maximum value them. ASPH  is a really wealth maximization share of investors. try to hold, again they will give more capital gains rather than a dividend.

Keshav and heroxhere like this post

Bakka1988


Manager - Equity Analytics
Manager - Equity Analytics
It will go to Rs 1 soon 😊😊👍👍

208INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) - Page 11 Empty Re: INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) on Fri Sep 25, 2020 10:58 pm

Eranga87


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Need to more times..  touch RS.1. If It touched Rs. 1 within a short period. have more chances comeback bottom level. it is not good for the stability of share. it will take time to stable @ 0.30CENTS. with market conditions, It will go to another step 0.40cents.

crs

crs
Senior Equity Analytic
Senior Equity Analytic
Last Thursday & Friday nearly 12.2% traded from totally issued quantity.

crs

crs
Senior Equity Analytic
Senior Equity Analytic
Last Friday nearly 8.4% traded from issue quantity.

211INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) - Page 11 Empty Re: INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) on Mon Sep 28, 2020 10:36 pm

upandaway


Stock Analytic
Stock Analytic
121+ million shares traded today!

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