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LANKEM DEVELOPMENTS PLC (LDEV.N0000) Vote_lcap68%LANKEM DEVELOPMENTS PLC (LDEV.N0000) Vote_rcap 68% [ 178 ]
LANKEM DEVELOPMENTS PLC (LDEV.N0000) Vote_lcap18%LANKEM DEVELOPMENTS PLC (LDEV.N0000) Vote_rcap 18% [ 47 ]
LANKEM DEVELOPMENTS PLC (LDEV.N0000) Vote_lcap13%LANKEM DEVELOPMENTS PLC (LDEV.N0000) Vote_rcap 13% [ 35 ]

Total Votes : 260

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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » LANKEM DEVELOPMENTS PLC (LDEV.N0000)

LANKEM DEVELOPMENTS PLC (LDEV.N0000)

+80
Rational Investor
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High-flyer
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Hope123
Inthikahb M Wazeer
King of vice
Kipling
viduranga
abey
Kaish86
Ahcha
kalu351
Miss-Sangeetha
pererap
DS Wijesinghe
Eugine Fernando
Chanuque
Chinwi
shadow walker
Cricketman
bushra03
Random
sanjulanka
anjelo
kjojo
TARGET
Tharu24 +
gayanath1983
Richman
marusira
stockback
kamal9perera
Equity Suda
Dasunh
ravindu7silva
anges
Steve Jansen
dmtmadusanka
EquityChamp
prabath
kapifm
ruwan326
hanuma
Rajaraam
lokuayya
ranesh
Paypal
ABEST
duke
Max
Chabbi
xhora
MoneyLover
kansai
Genting
tkc
swan03
banarahu
Fresher
mahasen007
DK
investor0000
chamith
Rajitha
Slstock
CSE1
Gaja
smallville
ndnk
mark
wis
tubal
Meta Trader
sapumal
MarketResearch
Quibit
Monster
84 posters

Go to page : 1, 2, 3 ... 9, 10, 11  Next

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1LANKEM DEVELOPMENTS PLC (LDEV.N0000) Empty LANKEM DEVELOPMENTS PLC (LDEV.N0000) Wed Mar 09, 2011 1:08 pm

Monster

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Lankem Developments PLC is engaged in investment holding and construction. The Company's segments include Plantations and Other. The Plantations segment is engaged in cultivation and processing of tea. The Other segment includes investment holding company and power plant. Its immediate and ultimate holding companies are Lankem Plantation Holdings Limited and The Colombo Fort Land & Building PLC. The Company's subsidiaries include Agarapatana Plantations Ltd. and Waverly Power (Pvt) Ltd.

http://www.cse.lk/cmt/upload_cse_announcements/1531299656015_.pdf

Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Agrapathana Plantation Limited to be takenover by Lankem Development (LDEV)
http://www.cse.lk/cmt/upload_cse_announcements/1531299656015_.pdf

What is Agarapathana Plantation?
http://www.lankemplantations.lk/Agarapatana.html

3LANKEM DEVELOPMENTS PLC (LDEV.N0000) Empty Re: LANKEM DEVELOPMENTS PLC (LDEV.N0000) Wed Mar 09, 2011 1:33 pm

MarketResearch

MarketResearch
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

@Monster wrote:http://www.cse.lk/cmt/upload_cse_announcements/1531299656015_.pdf

Right Issue-Violation of Fundamental rights.Athe tiyana ekath nethi wena wedak right issue kiyanne.Oka "Mara" issue ekak.

4LANKEM DEVELOPMENTS PLC (LDEV.N0000) Empty Re: LANKEM DEVELOPMENTS PLC (LDEV.N0000) Wed Mar 09, 2011 1:45 pm

sapumal


Vice President - Equity Analytics
Vice President - Equity Analytics

@Quibit wrote:Agrapathana Plantation Limited to be takenover by Lankem Development (LDEV)
Why ?

5LANKEM DEVELOPMENTS PLC (LDEV.N0000) Empty Re: LANKEM DEVELOPMENTS PLC (LDEV.N0000) Wed Mar 09, 2011 1:47 pm

Meta Trader

Meta Trader
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

@MarketResearch wrote:
@Monster wrote:http://www.cse.lk/cmt/upload_cse_announcements/1531299656015_.pdf

Right Issue-Violation of Fundamental rights.Athe tiyana ekath nethi wena wedak right issue kiyanne.Oka "Mara" issue ekak.

An announcement made by the company with regard to a proposed acquisition of an equity stake in Agarapatana Plantations Ltd and a rights issue is published on the CSE website. (www.cse.lk) Rights Issue Fifteen (15) new Ordinary Shares for every One (01) existing Issued Ordinary Shares held, at a price of Rs.25.00 per share.

Shocked Rights Issue Fifteen (15) new Ordinary Shares for every One (01) existing Issued Ordinary Shares Shocked

Seyb is already down with only 1 for 3 Shocked

wonder where will be this end up .
Shocked

6LANKEM DEVELOPMENTS PLC (LDEV.N0000) Empty Re: LANKEM DEVELOPMENTS PLC (LDEV.N0000) Wed Mar 09, 2011 3:24 pm

tubal


Vice President - Equity Analytics
Vice President - Equity Analytics

@MarketResearch wrote:
@Monster wrote:http://www.cse.lk/cmt/upload_cse_announcements/1531299656015_.pdf

Right Issue-Violation of Fundamental rights.Athe tiyana ekath nethi wena wedak right issue kiyanne.Oka "Mara" issue ekak.

Giving you another + rep to make of for some of the - reps I gave you when you started here. I think they have evened out now. It's pretty much like how shares that jump far below the 20 day SMA eventually cross the line and move above it and then the cycle repeats Very Happy

7LANKEM DEVELOPMENTS PLC (LDEV.N0000) Empty Re: LANKEM DEVELOPMENTS PLC (LDEV.N0000) Wed Mar 09, 2011 5:54 pm

wis


Manager - Equity Analytics
Manager - Equity Analytics

So one cflb lankem company buying something from another cflb lankem company and asking shareholders to throw their money. These rights issues, associated company crossings and the shady dealings of their directors. These CFLB and lankem are real thieves.

8LANKEM DEVELOPMENTS PLC (LDEV.N0000) Empty Re: LANKEM DEVELOPMENTS PLC (LDEV.N0000) Wed Mar 09, 2011 6:03 pm

Monster

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

@wis wrote:So one cflb lankem company buying something from another cflb lankem company and asking shareholders to throw their money. These rights issues, associated company crossings and the shady dealings of their directors. These CFLB and lankem are real thieves.
This is similar to internal transfer. For that why are they are asking funds from the share holders. Mad

9LANKEM DEVELOPMENTS PLC (LDEV.N0000) Empty Re: LANKEM DEVELOPMENTS PLC (LDEV.N0000) Wed Mar 09, 2011 11:24 pm

mark

mark
Expert
Expert

@wis wrote:So one cflb lankem company buying something from another cflb lankem company and asking shareholders to throw their money. These rights issues, associated company crossings and the shady dealings of their directors. These CFLB and lankem are real thieves.

well said.....................true.......... Smile

10LANKEM DEVELOPMENTS PLC (LDEV.N0000) Empty LDEV Price Band Thu Mar 10, 2011 1:57 pm

ndnk

ndnk
Manager - Equity Analytics
Manager - Equity Analytics

Will there be a price band again today on LDEV?

11LANKEM DEVELOPMENTS PLC (LDEV.N0000) Empty Re: LANKEM DEVELOPMENTS PLC (LDEV.N0000) Thu Mar 10, 2011 2:07 pm

wis


Manager - Equity Analytics
Manager - Equity Analytics

Can somebody explain why it went 33% up when there was a 1:15 rights announcement to fund a family deal?

12LANKEM DEVELOPMENTS PLC (LDEV.N0000) Empty Re: LANKEM DEVELOPMENTS PLC (LDEV.N0000) Thu Mar 10, 2011 2:16 pm

Meta Trader

Meta Trader
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

@wis wrote:Can somebody explain why it went 33% up when there was a 1:15 rights announcement to fund a family deal?

lol!

nice argument Exclamation

Twisted Evil

13LANKEM DEVELOPMENTS PLC (LDEV.N0000) Empty Re: LANKEM DEVELOPMENTS PLC (LDEV.N0000) Thu Mar 10, 2011 2:42 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics

What else? the stupidity at Max Twisted Evil ppl have to start using their heads in a better way i guess Laughing

14LANKEM DEVELOPMENTS PLC (LDEV.N0000) Empty Re: LANKEM DEVELOPMENTS PLC (LDEV.N0000) Thu Mar 10, 2011 3:15 pm

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics

@ndnk wrote:Will there be a price band again today on LDEV?

Here is the answer - http://www.cse.lk/cmt/upload_cse_announcements/861299750877_.pdf

15LANKEM DEVELOPMENTS PLC (LDEV.N0000) Empty Re: LANKEM DEVELOPMENTS PLC (LDEV.N0000) Thu Mar 10, 2011 3:19 pm

CSE1

CSE1
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

@Gaja wrote:
@ndnk wrote:Will there be a price band again today on LDEV?

Here is the answer - http://www.cse.lk/cmt/upload_cse_announcements/861299750877_.pdf

In terms of the SEC directive dated 14th September 2010, a 10% price band has been imposed on LDEV.N.0000 with effect from 11th March 2011 to 24th March 2011 (both days inclusive).
The full list of securities on which the 10% price band is applicable is attached.

16LANKEM DEVELOPMENTS PLC (LDEV.N0000) Empty Re: LANKEM DEVELOPMENTS PLC (LDEV.N0000) Thu Mar 10, 2011 3:22 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

@CSE1 wrote:
@Gaja wrote:
@ndnk wrote:Will there be a price band again today on LDEV?

Here is the answer - http://www.cse.lk/cmt/upload_cse_announcements/861299750877_.pdf

In terms of the SEC directive dated 14th September 2010, a 10% price band has been imposed on LDEV.N.0000 with effect from 11th March 2011 to 24th March 2011 (both days inclusive).
The full list of securities on which the 10% price band is applicable is attached.

Okay that was coming. How on earth did Wapo did not get caught when it was fluctuating so much as 50% per day. How many retailer much have mnade losses over 50% ?

17LANKEM DEVELOPMENTS PLC (LDEV.N0000) Empty Re: LANKEM DEVELOPMENTS PLC (LDEV.N0000) Thu Mar 10, 2011 3:40 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Dont u get it mate? the formula only captures small shares.. an increase of over 10% with high trades will get caught.. with high value shares over 50%.. ahh no way.. it has to go over at least 70% to get qualified in bann.. after all favorites need to have a better treatment know?

18LANKEM DEVELOPMENTS PLC (LDEV.N0000) Empty Re: LANKEM DEVELOPMENTS PLC (LDEV.N0000) Thu Mar 10, 2011 3:47 pm

Rajitha

Rajitha
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

@smallville wrote:Dont u get it mate? the formula only captures small shares.. an increase of over 10% with high trades will get caught.. with high value shares over 50%.. ahh no way.. it has to go over at least 70% to get qualified in bann.. after all favorites need to have a better treatment know?
Its called liquidity of a share. Or in a simpler manner amount of shares traded!

You can have any of the illiquid shares whether Rs 1 or rs 10000 it does not matter go up by 50% and it will not get caught in the price band!

19LANKEM DEVELOPMENTS PLC (LDEV.N0000) Empty Re: LANKEM DEVELOPMENTS PLC (LDEV.N0000) Thu Mar 10, 2011 3:55 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

I get it alright Buddy. I get it that this formula has to be revised Mad

Free float, price, volume huh ? Only for certain shares. After a while we can make a list of share which will be safe even if the price goes over 70% for 3 consecutive days.

20LANKEM DEVELOPMENTS PLC (LDEV.N0000) Empty Re: LANKEM DEVELOPMENTS PLC (LDEV.N0000) Thu Mar 10, 2011 4:47 pm

chamith

chamith
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

@slstock wrote:
Free float, price, volume huh ? Only for certain shares. After a while we can make a list of share which will be safe even if the price goes over 70% for 3 consecutive days.

well said.....

investor0000


Equity Analytic
Equity Analytic

I have recently purchased 500 shares of LDEV. Therefore:

[/list]I am entitled to 7500 of shares from rights issue right?
I will have to pay 25 per share for these rights shares?
Then will I be able to sell all 8000 shares for a better price? How much will it be? Now its trading at 59
Any other additional costs? or anything I should know?



Last edited by Meta Trader on Thu Mar 17, 2011 12:43 am; edited 1 time in total (Reason for editing : corrected the title of the topic)

22LANKEM DEVELOPMENTS PLC (LDEV.N0000) Empty Re: LANKEM DEVELOPMENTS PLC (LDEV.N0000) Thu Mar 17, 2011 2:42 am

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

@investor0000 wrote:I have recently purchased 500 shares of LDEV. Therefore:

[/list]I am entitled to 7500 of shares from rights issue right?
I will have to pay 25 per share for these rights shares?
Then will I be able to sell all 8000 shares for a better price? How much will it be? Now its trading at 59
Any other additional costs? or anything I should know?

I am entitled to 7500 of shares from rights issue right? YES
I will have to pay 25 per share for these rights shares? YES

You have to remember that when there is a right issue as big as 15:1 the share price will get diluted naturally first.

Ex : If share is Rs 50 on the XR day

After XR it should be = ( 15*25+50)=Rs 26.25. Remember that there will now be 15 times more shares i nthe market potentially.

But over time the share price can go up more than the above. Some time it goes up immediately due to manipulation , market sentimetns etc. Ex WAPO was a very good example. I cannot precdit the price for LDEV after rights issue but you get the idea.
Hope this helps.

23LANKEM DEVELOPMENTS PLC (LDEV.N0000) Empty Re: LANKEM DEVELOPMENTS PLC (LDEV.N0000) Thu Mar 17, 2011 7:14 am

DK


Manager - Equity Analytics
Manager - Equity Analytics

Hi Investor
Thanks for pointing this rights issue out, I completely missed the news on this one Smile

slstock has answered your question already, however there is a small typo:
After XR it should be = ( 15*25+50)/16=Rs 26.25 26.56. Remember that there will now be 15 times more shares (i.e. 16 times the current number) i nthe market potentially.



Last edited by DK on Thu Mar 17, 2011 8:41 am; edited 1 time in total

24LANKEM DEVELOPMENTS PLC (LDEV.N0000) Empty LDEV-Right Issue could become a gem Thu Mar 17, 2011 7:30 am

mahasen007


Stock Trader

Rights issues are issued at Rs 25. Assume we bought one share and we are entitled to 15 more share at Rs 25 per share. To attract the LDEV rights at Rs25, assume that XR would be around Rs30 per share. So the total cost for 16 shares( original 1+ 15 rights) have to be Rs 480( 30*16). cost of 15 shares at 25 per shares is Rs 380. Therefore for share to be Rs 30 after the Rights(XR), LDEV present share should atleast move to Rs 105.(480-375). Otherwise investors wont buy the Rights at Rs 25. So I feel the share is really worth to buy now being traded at 58 levels. Hope it will gradually move to closure to 100. Open for discussion

25LANKEM DEVELOPMENTS PLC (LDEV.N0000) Empty Re: LANKEM DEVELOPMENTS PLC (LDEV.N0000) Thu Mar 17, 2011 7:33 am

Fresher


Moderator
Moderator

@DK wrote:Hi Investor
Thanks for pointing this rights issue out, I completely missed the news on this one Smile

slstock has answered your question already, however there is a small typo:
After XR it should be = ( 15*25+50)/16=Rs 26.25 26.56. Remember that there will now be 15 16 times more shares i nthe market potentially.

15 times more shares = 16 times the current number Smile

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