Nimal Perera is buying PABC.N

lakymahesh · 1 Nimal Perera is buying PABC.N Fri Mar 28, 2014 10:08 pm

lakymahesh

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22:03:47

I don’t want the make any predictions but Iv been closely monitoring PABC.N for a along time. They usually pay Rs 1.00 Dividend and with current trading price it’s a almost a 6% yield. People predict that they are in a bad shape and they might not
give Rs 1/- this time and the Financial report supports this theory as well.

Nevertheless Nimal Perera the big boss, is collecting his share since last two weeks I'm pretty sure Dividend announcement is around the Conner. May be he wants the Dividend or he is just collecting since the price is down he will sell it if it reach his target price in the future . I don’t Know. Your Call. Shocked

36617 – 17 Mar
19049 – 20 Mar
58500 – 24 Mar
4970 – 27 Mar
Total Shares bought – 119136

Sstar · 2 Re: Nimal Perera is buying PABC.N Fri Mar 28, 2014 10:18 pm

Sstar

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Welcome Back to the Market!!!

SHARK aka TAH · 3 Re: Nimal Perera is buying PABC.N Fri Mar 28, 2014 11:43 pm

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lakymahesh wrote:22:03:47

I don’t want the make any predictions but Iv been closely monitoring PABC.N for a along time. They usually pay Rs 1.00 Dividend and with current trading price it’s a almost a 6% yield. People predict that they are in a bad shape and they might not
give Rs 1/- this time and the Financial report supports this theory as well.

Nevertheless Nimal Perera the big boss, is collecting his share since last two weeks I'm pretty sure Dividend announcement is around the Conner. May be he wants the Dividend or he is just collecting since the price is down he will sell it if it reach his target price in the future . I don’t Know. Your Call.

36617 – 17 Mar
19049 – 20 Mar
58500 – 24 Mar
4970 – 27 Mar
Total Shares bought – 119136

16 is a good price looks like

Jana · 4 Re: Nimal Perera is buying PABC.N Sat Mar 29, 2014 2:40 am

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If it is buy Nimal perera then its short term run,...if it is D..D..perera long term run

prasa2004 · 5 Re: Nimal Perera is buying PABC.N Sat Mar 29, 2014 8:23 am

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In my view it is not the time for investing in PABC for now due to
1. NP seems buying to prevent it further falling below 16. Remember he bought the Japs investors at Rs.20s and may be accountable to maintain decent price

2. Margin and Pawning were the products which gave them good returns in past and Financials showed how vulnerable they are in last QTR. GOLD after showing brief stabilization now again going down (below 1300 ) and if you analyse their margin trading lot has been channel to fund crap shares ( read AR of Greg, PCH etc.). Hence cannot say they will turnaround this Qtr

3. Some changes going in internal mgt as they got new CEO. Hence needs to give time for new mgt to come to terms

4. Most likely no DIV this time as cash flow is weak. compared to others they have lowest concentration in CASA accounts and not much benefit from NIM

5. I think last year Fitch downgraded saying NPL are high

So wait till it go below 15 as NP may not be able to defend always.

VALUEPICK · 6 Re: Nimal Perera is buying PABC.N Sat Mar 29, 2014 8:46 am

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This is may be not relevant to this.In some situation when insiders,foreigners, top investors and top traders sell their stocks they go up?why is that?

SHARK aka TAH · 7 Re: Nimal Perera is buying PABC.N Sat Mar 29, 2014 9:08 am

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VALUEPICK wrote:This is may be not relevant to this.In some situation when insiders,foreigners, top investors and top traders sell their stocks they go up?why is that?

manipulators Very Happy

SHARK aka TAH · 8 Re: Nimal Perera is buying PABC.N Sat Mar 29, 2014 9:10 am

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sometime some directors sell because tey are trying to lock in profits, but its according to once situation and you should know when to BUY and when to keep away

lux2014 · 9 Re: Nimal Perera is buying PABC.N Sat Mar 29, 2014 11:10 am

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"In some situation when insiders,foreigners, top investors and top traders sell their stocks they go up?why is that?"

Could this relate to fears of someone (a top investor/trader) trying to short the stock?

Sstar · 10 Re: Nimal Perera is buying PABC.N Sat Mar 29, 2014 11:16 am

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I can remember, there was a time when this forum used to publish, Nimal Perera's Diary with all his daily stock investment decisons.

VALUEPICK · 11 Re: Nimal Perera is buying PABC.N Sat Mar 29, 2014 11:17 am

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CSE doesn’t have shorting. What I meant here was even insiders and foreigners make mistakes. Even insiders (directors) may be not having ideas about their business value and growth. After selling them prices of some stocks have doubled in the past.

Sstar · 12 Re: Nimal Perera is buying PABC.N Sat Mar 29, 2014 11:18 am

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VALUEPICK wrote:CSE doesn’t have shorting. What I meant here was even insiders and foreigners make mistakes. Even insiders (directors) may be not having ideas about their business value and growth. After selling them prices of some stocks have doubled in the past.

Yes, you are correct. Ashok Pathirage and other directors bought SHL share at Rs 26/= from the market.

Jiggysaurus · 13 Re: Nimal Perera is buying PABC.N Sat Mar 29, 2014 12:57 pm

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Sstar wrote:I can remember, there was a time when this forum used to publish, Nimal Perera's Diary with all his daily stock investment decisons.

Those publishers would have been bannd. but dont worry under the gudance of GMNet the new pro-negative forum will publish NP's aunty's boyfriends' diary. that will have a lot more innformation

sikka89 · 14 Re: Nimal Perera is buying PABC.N Sat Mar 29, 2014 1:32 pm

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Sstar wrote:

VALUEPICK wrote:CSE doesn’t have shorting. What I meant here was even insiders and foreigners make mistakes. Even insiders (directors) may be not having ideas about their business value and growth. After selling them prices of some stocks have doubled in the past.

Yes, you are correct. Ashok Pathirage and other directors bought SHL share at Rs 26/= from the market.

I like to call these "Exchanges"

lakymahesh · 15 Re: Nimal Perera is buying PABC.N Sun Mar 30, 2014 12:24 pm

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prasa2004 wrote:In my view it is not the time for investing in PABC for now due to
1. NP seems buying to prevent it further falling below 16. Remember he bought the Japs investors at Rs.20s and may be accountable to maintain decent price

2. Margin and Pawning were the products which gave them good returns in past and Financials showed how vulnerable they are in last QTR. GOLD after showing brief stabilization now again going down (below 1300 ) and if you analyse their margin trading lot has been channel to fund crap shares ( read AR of Greg, PCH etc.). Hence cannot say they will turnaround this Qtr

3. Some changes going in internal mgt as they got new CEO. Hence needs to give time for new mgt to come to terms

4. Most likely no DIV this time as cash flow is weak. compared to others they have lowest concentration in CASA accounts and not much benefit from NIM

5. I think last year Fitch downgraded saying NPL are high

So wait till it go below 15 as NP may not be able to defend always.

If u hv sm spare cash would u or would u not buys PABC ? Sad

VALUEPICK · 16 Re: Nimal Perera is buying PABC.N Sun Mar 30, 2014 1:01 pm

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One thing we cannot predict stock prices or direction of the market. In some period we may miss the rally if we wait for stocks to go down further. Lately there are few top traders and investors are accumulating some stocks. Actually we can see base building in some stocks.

SHARK aka TAH · 17 Re: Nimal Perera is buying PABC.N Sun Mar 30, 2014 7:59 pm

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IMHO pabc will have a limited RUN Smile

say 20-19

VALUEPICK · 18 Re: Nimal Perera is buying PABC.N Mon Mar 31, 2014 9:53 am

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I don't have any PABC. This could become momentum stock. When we see run in banking stocks many banking stocks will go up.

gamaya · 19 Re: Nimal Perera is buying PABC.N Mon Mar 31, 2014 10:31 am

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Sold millions seeing the future with no dividend and possible rights issue.

Now buying back a little at low prices.

Wow, that's splendid news for minority investors.. Smile

Hawk Eye · 20 Re: Nimal Perera is buying PABC.N Mon Mar 31, 2014 1:37 pm

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Nimal is back in to the game ....he is buying SERV,RCL,TILE,CERA,PABC.. These are disclosed infos as he is a Director of those.. If hes also buying on unrelated companies we can expect some runs

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Nimal Perera is buying PABC.N

1 Nimal Perera is buying PABC.N Fri Mar 28, 2014 10:08 pm

lakymahesh

2 Re: Nimal Perera is buying PABC.N Fri Mar 28, 2014 10:18 pm

Sstar

3 Re: Nimal Perera is buying PABC.N Fri Mar 28, 2014 11:43 pm

SHARK aka TAH

4 Re: Nimal Perera is buying PABC.N Sat Mar 29, 2014 2:40 am

Jana

5 Re: Nimal Perera is buying PABC.N Sat Mar 29, 2014 8:23 am

prasa2004

6 Re: Nimal Perera is buying PABC.N Sat Mar 29, 2014 8:46 am

VALUEPICK

7 Re: Nimal Perera is buying PABC.N Sat Mar 29, 2014 9:08 am

SHARK aka TAH

8 Re: Nimal Perera is buying PABC.N Sat Mar 29, 2014 9:10 am

SHARK aka TAH

9 Re: Nimal Perera is buying PABC.N Sat Mar 29, 2014 11:10 am

lux2014

10 Re: Nimal Perera is buying PABC.N Sat Mar 29, 2014 11:16 am

Sstar

11 Re: Nimal Perera is buying PABC.N Sat Mar 29, 2014 11:17 am

VALUEPICK

12 Re: Nimal Perera is buying PABC.N Sat Mar 29, 2014 11:18 am

Sstar

13 Re: Nimal Perera is buying PABC.N Sat Mar 29, 2014 12:57 pm

Jiggysaurus

14 Re: Nimal Perera is buying PABC.N Sat Mar 29, 2014 1:32 pm

sikka89

15 Re: Nimal Perera is buying PABC.N Sun Mar 30, 2014 12:24 pm

lakymahesh

16 Re: Nimal Perera is buying PABC.N Sun Mar 30, 2014 1:01 pm

VALUEPICK

17 Re: Nimal Perera is buying PABC.N Sun Mar 30, 2014 7:59 pm

SHARK aka TAH

18 Re: Nimal Perera is buying PABC.N Mon Mar 31, 2014 9:53 am

VALUEPICK

19 Re: Nimal Perera is buying PABC.N Mon Mar 31, 2014 10:31 am

gamaya

20 Re: Nimal Perera is buying PABC.N Mon Mar 31, 2014 1:37 pm

Hawk Eye

21 Re: Nimal Perera is buying PABC.N

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