CLND.N0000: What is going on?

Monster · 26 Re: CLND.N0000: What is going on? Fri Jun 03, 2011 12:43 pm

Monster

Senior Vice President - Equity Analytics

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Join date : 2011-01-22

Gaja wrote:

Gaja wrote:

sapumal wrote:They bought 10% of CLND and Kalpitiya bought 10% of the CLND at Rs20

here is the news
http://www.ft.lk/2011/05/24/colombo-%E2%80%98land-like-no-other%E2%80%99/

http://www.cse.lk/cmt/upload_report_file/684_1307010391783.pdf - According to this on 20th May they Bought 19,987,400/= shares at 20 each and today they bought 20,351,200 shares at 44 each

Its getting interested - http://www.cse.lk/cmt/upload_cse_announcements/6101307078413_.pdf

Imagewise sold 14 million shares. In the mean time Kalpitiya Beach Resort purchased 20 million shares on the same day. What does it mean?. Is it a kind of a transaction to push up the share price. Shocked

Gaja · 27 Re: CLND.N0000: What is going on? Mon Jun 06, 2011 5:26 pm

Gaja

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http://www.cse.lk/cmt/upload_cse_announcements/9571307361931_.pdf

StocksWatch · 28 Re: CLND.N0000: What is going on? Mon Jun 06, 2011 5:43 pm

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Gaja wrote:http://www.cse.lk/cmt/upload_cse_announcements/9571307361931_.pdf

This is now becoming a joke. One director has sold at Rs. 44 and a day after that transaction another director has bought at Rs. 51. Where in the world these kind of things happen except CSE?

Rocky · 29 Re: CLND.N0000: What is going on? Mon Jun 06, 2011 6:30 pm

Rocky

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StocksWatch wrote:

Gaja wrote:http://www.cse.lk/cmt/upload_cse_announcements/9571307361931_.pdf

This is now becoming a joke. One director has sold at Rs. 44 and a day after that transaction another director has bought at Rs. 51. Where in the world these kind of things often happen except CSE?

This is more serious than a Joke my friend, MarketWatch!

I {predict} that eventually LIOC might even be bought up by one of the MEGA players in the market and run at a huge profit. Think of it, what happens if CPC is taken over by Laughs?
You can let your mind run riot on all the possibilities!

Will LIOC still remain a loss making entity?
What will happen to the price controls on petrol / diesel etc?
Shouldn't that be looked after well?

I think I should buy some shares in LIOC if this line of thought is right.

Monster · 30 Re: CLND.N0000: What is going on? Mon Jun 06, 2011 6:47 pm

Monster

Senior Vice President - Equity Analytics

Posts : 1708
Join date : 2011-01-22

StocksWatch wrote:

Gaja wrote:http://www.cse.lk/cmt/upload_cse_announcements/9571307361931_.pdf

This is now becoming a joke. One director has sold at Rs. 44 and a day after that transaction another director has bought at Rs. 51. Where in the world these kind of things happen except CSE?

This is not a joke. This is a pure market manipulation. I wouldn't be wonder, even if we get more announcement coming days. Retailer's money is going to billionaire's pocket. I assume, the big guns already earned as much as possible in CLND and now moving to another counter.

StocksWatch · 31 Re: CLND.N0000: What is going on? Mon Jun 06, 2011 7:25 pm

StocksWatch

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hybrid_OS wrote:

StocksWatch wrote:

Gaja wrote:http://www.cse.lk/cmt/upload_cse_announcements/9571307361931_.pdf

This is now becoming a joke. One director has sold at Rs. 44 and a day after that transaction another director has bought at Rs. 51. Where in the world these kind of things often happen except CSE?

This is more serious than a Joke my friend, MarketWatch!

I {predict} that eventually LIOC might even be bought up by one of the MEGA players in the market and run at a huge profit. Think of it, what happens if CPC is taken over by Laughs?
You can let your mind run riot on all the possibilities!

Will LIOC still remain a loss making entity?
What will happen to the price controls on petrol / diesel etc?
Shouldn't that be looked after well?

I think I should buy some shares in LIOC if this line of thought is right.

I said this is becoming a joke because SEC is so reluctant to take any action to curb this kind of unethical conduct in CSE. How long can they take the retailers on a ride? How can we expect foreigners to return to the market with thes kinds of unethical trasactions taking place all most every day in CSE now?

By the way, you have taken my name wrong, I am not MarketWatch my friend!!!

tubal · 32 Re: CLND.N0000: What is going on? Mon Jun 06, 2011 7:34 pm

tubal

Vice President - Equity Analytics

Posts : 1047
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StocksWatch wrote:

hybrid_OS wrote:

StocksWatch wrote:

Gaja wrote:http://www.cse.lk/cmt/upload_cse_announcements/9571307361931_.pdf

This is now becoming a joke. One director has sold at Rs. 44 and a day after that transaction another director has bought at Rs. 51. Where in the world these kind of things often happen except CSE?

This is more serious than a Joke my friend, MarketWatch!

I {predict} that eventually LIOC might even be bought up by one of the MEGA players in the market and run at a huge profit. Think of it, what happens if CPC is taken over by Laughs?
You can let your mind run riot on all the possibilities!

Will LIOC still remain a loss making entity?
What will happen to the price controls on petrol / diesel etc?
Shouldn't that be looked after well?

I think I should buy some shares in LIOC if this line of thought is right.

I said this is becoming a joke because SEC is so reluctant to take any action to curb this kind of unethical conduct in CSE. How long can they take the retailers on a ride? How can we expect foreigners to return to the market with thes kinds of unethical trasactions taking place all most every day in CSE now?

By the way, you have taken my name wrong, I am not MarketWatch my friend!!!

Yeah, StocksWatch isn't MarketWatch (well that's what I think :-) ). But he is here. He uses three different nicks.

Chabbi · 33 Re: CLND.N0000: What is going on? Mon Jun 06, 2011 7:56 pm

Chabbi

Senior Manager - Equity Analytics

Posts : 371
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Age : 35
Location : Between HELL & HEAVEN :D

tubal wrote:

StocksWatch wrote:

hybrid_OS wrote:

StocksWatch wrote:

Gaja wrote:http://www.cse.lk/cmt/upload_cse_announcements/9571307361931_.pdf

This is now becoming a joke. One director has sold at Rs. 44 and a day after that transaction another director has bought at Rs. 51. Where in the world these kind of things often happen except CSE?

This is more serious than a Joke my friend, MarketWatch!

I {predict} that eventually LIOC might even be bought up by one of the MEGA players in the market and run at a huge profit. Think of it, what happens if CPC is taken over by Laughs?
You can let your mind run riot on all the possibilities!

Will LIOC still remain a loss making entity?
What will happen to the price controls on petrol / diesel etc?
Shouldn't that be looked after well?

I think I should buy some shares in LIOC if this line of thought is right.

I said this is becoming a joke because SEC is so reluctant to take any action to curb this kind of unethical conduct in CSE. How long can they take the retailers on a ride? How can we expect foreigners to return to the market with thes kinds of unethical trasactions taking place all most every day in CSE now?

By the way, you have taken my name wrong, I am not MarketWatch my friend!!!

Yeah, StocksWatch isn't MarketWatch (well that's what I think :-) ). But he is here. He uses three different nicks.