Kanrich Wonder Share - Beware of these people

samanthaperera879 · 1 Kanrich Wonder Share - Beware of these people Wed Nov 05, 2014 11:47 pm

samanthaperera879

Senior Equity Analytic

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Join date : 2014-02-16

Hello,

I want every one to know that, Kanrich finance has approached their depositors and requested to convert their deposits to Shares with a Buyback option with a 15% return. This is how kanrich is going to increase their share capital. Since they cant increase the capital this is the way they are planning to cheat the public and the central bank.

Market R · 2 Re: Kanrich Wonder Share - Beware of these people Thu Nov 06, 2014 1:38 am

Market R

Assistant Vice President - Equity Analytics

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I saw lots of tv advertisments this week from KANRICH

D.G.Dayaratne · 3 Re: Kanrich Wonder Share - Beware of these people Thu Nov 06, 2014 7:50 am

D.G.Dayaratne

Senior Vice President - Equity Analytics

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Join date : 2011-12-13
Location : Kotte

UN official advice may be given by CBSL

Rocky · 4 Re: Kanrich Wonder Share - Beware of these people Thu Nov 06, 2014 12:00 pm

Rocky

Senior Manager - Equity Analytics

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[quote="D.G.Dayaratne"]UN official advice may be given by CBSL[/quote]

Kanrich is in serious trouble financially.
All executives are on the field trying to get new deposits stating that they are exceptional. One guy keeps on calling me to make deposits. I have already asked him to get lost.

The accounts for 31-03-2014 are not out and they say they are the best.

Their cash flow is bad and most probably cannot sustain t heir operations when large depositors pull out, this thing will. Escalate further. Members need to be informed.