Only 7 Stocks Under Rules go to Split before end of this year.
SLND , CPRT , KZOO , OFEQ , PARA , SWAD , HARI
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How about PHARGainer wrote:Highly Illiquid Stocks Should be go for Sub Division of Shares.
Only 7 Stocks Under Rules go to Split before end of this year.
SLND , CPRT , KZOO , OFEQ , PARA , SWAD , HARI
Gainer wrote:Highly Illiquid Stocks Should be go for Sub Division of Shares.
Only 7 Stocks Under Rules go to Split before end of this year.
SLND , CPRT , KZOO , OFEQ , PARA , SWAD , HARI
EquityChamp wrote:How about AMF and Carson group oil palm companies, that is one question.
The other one is what is the guarantee that a sub division will help to comply with the above mentioned rules in Sri Lanka. What is the practical effect of it. Suppose when a company subdivide like 1 for 100 but still relatively low no. of shares. And what about one investor or a group of investors come and grab all or major part of the subdivided shares. Then how the company is going to comply with those rules. I am highly doubtful on all of your sub division predictions. Rather a more practical assumption is that to think these companies will opt to delist and pay a price in the range of NAV. So the best option is to select illiquid stocks who's NAV is above the current market price and to collect. Isn't it the case?
Chinwi wrote:EquityChamp wrote:How about AMF and Carson group oil palm companies, that is one question.
The other one is what is the guarantee that a sub division will help to comply with the above mentioned rules in Sri Lanka. What is the practical effect of it. Suppose when a company subdivide like 1 for 100 but still relatively low no. of shares. And what about one investor or a group of investors come and grab all or major part of the subdivided shares. Then how the company is going to comply with those rules. I am highly doubtful on all of your sub division predictions. Rather a more practical assumption is that to think these companies will opt to delist and pay a price in the range of NAV. So the best option is to select illiquid stocks who's NAV is above the current market price and to collect. Isn't it the case?
Absolutely.
Subdivision is not relevant to any public holding rule.
It may give some life to trading among present public holders. It is like පය බරවායට පිටිකරට බෙහෙත් බැන්දා .
glad wrote:If there is a sub division the same owners will be having more number of shares, and they will have to sell it to new owners to satisfy the rule. That will bring the price of share down.
GOOD -eps qtr ended 30 sep 2015 -1.53 rs, NAV-826.5Jana wrote:glad wrote:If there is a sub division the same owners will be having more number of shares, and they will have to sell it to new owners to satisfy the rule. That will bring the price of share down.
it means related party transaction then it is not allow to satisfy the minimum float rule...
did you see guys EQIT one ..50% gain who hold that ,,, like that you can make from Illiquid stock as well
DEFINITELY GO to delist
GOOD INDO SELI SHAL...
GOOD AND INDO Is good from those
possible to go for a de list or split
SLND HARI ..
CPRT need to do some thing because they don't want to de list thats why they issue rights
vic19 wrote:Clever gainer keep promoting.
I would like to call you as " illiquid Gainer ", as you always talk about illiquid stocks.
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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Highly Illiquid Stocks Should be go for Sub Division of Shares this Year
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