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@smallville wrote:I dont see the logic of rights..
They have cash, at least to go for rights, do they eye for new investments?
They shouldn't do anything other than giving a good dividend as raptor pointed out.
Last edited by Arena on Fri Feb 15, 2013 8:34 pm; edited 1 time in total
. Yes you have a valid point here. So far they have been really quite on this.@kukumarx wrote:Keels are planning a huge development in their Glennie street property. This is the land on which JKH office is located and the Ceylon Cold Stores Land. I feel they will probably hold on to their reserves for this development.
@VISA wrote:what about buy back
@worthiness wrote:What does mega mixed development include? Hotel, Housing & office building etc..well, if the planning stage is going on, funds from right issue will be one part of the capital sources.
Last edited by kukumarx on Sat Feb 16, 2013 9:05 pm; edited 2 times in total (Reason for editing : info added)
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