I am new to this forum.So
Shark Is ok
What is aka TAH
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SHARK aka TAH wrote:As at this moment nothing is clear who will be the other partner..... and at what price the deal will be concluded or i do not know whether there is another partner interested in taking a stake in CSF
Hawk Eye wrote:The private placement , and Subsidiary disposal is just negligible amounts.
The big one I m waiting for is Anilana rights. if its a rights it has to be attractive and has to be given at a discount than the market price. Its happening the other way here, which gives a signal that some investor/investment going to come in with rights. ALHP is not that liquid, can be easily pushed up. i see something similar to ACME & MGT
CSF dumping taking place is may be the price need to be brought down to make the merger/acquisition of the Bank workable. I dont think any bank would want to buy CSF at higher price when its NA is far below the market price and when its core opration is loss making. if the disposal of the subs bringing in Capital gains, this would increase the net asset values. but theses has to come from ALHP,MHDL disposal.. second reason the prices of CSF coming down may be panic selling..When the market is going up, and all the shares breaking levels, who wants to hold this and loose money..
Do not buy CSF until it takes the U turn, coz we dont know who the bank,and what price they are going to buy CSF
When above starts happening one by one..i.e AHPL and MHDL pushed and disposed CSF will show some value, with the buying bank creating value to its operations
saraSarabulathwita wrote:mama okita mulu hadawathinma adare kala ban, oki mata ithuru kale 800,000 loss ekaka witharai
adaraya kiyanne polos kattak ban
dilshan unawatuna wrote:Experts we should talk about this share,,one of the very speculative shares..
who is behind this strategic game ???? share price has fallen from 7.60 to 5.50..Somebody wants to buy this company at a lower price ??????
Invest-Wise wrote:Shark i was with some of CSF top people a few days ago and I know its 4.80....and that's also if they get lucky. NAV is 2.70 I think. I would not touch it...dont want any poor members to get into any trouble. Let the big fish fight it out....we should stay away.
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