CDB right issue

deal · 1 CDB right issue Tue Jun 21, 2011 10:40 pm

deal

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lets talk about this...

ISURU · 2 Re: CDB right issue Tue Jun 21, 2011 11:32 pm

ISURU

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In the announcement in the CSE website they are talking about a CDB.X. What is that?

UNI · 3 Re: CDB right issue Tue Jun 21, 2011 11:38 pm

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will this hit 100 + tomorrw?

Hiru · 4 Re: CDB right issue Tue Jun 21, 2011 11:48 pm

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UNI wrote:will this hit 100 + tomorrw?

Why this should hit 100+, as far as my understanding share prices must go down as this may dilute the EPS and decrease the NAV per share. To avoid this dilution, CDB must provide a sound business plan which is practical in Sri Lanka. if people want to see a big price increase in CDB without knowing the exact plans and their benefits, what is the difference between manipulated shares and CDB.

UNI

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please explain??

limestone · 6 Re: CDB right issue Wed Jun 22, 2011 8:14 am

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"the precceds are to be utilized to part finace the leasing , Hire purchase and loan disbursements during financial year 2011/2012"

http://www.cse.lk/cmt/upload_cse_announcements/6361308657511_.pdf

cse_investor · 7 Re: CDB right issue Wed Jun 22, 2011 9:37 am

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So much for 100+! I'm wondering what the guy is thinking who put that 50,000 BID order at Rs 44.00 and 10,000 at Rs 50.00, must be thinking thinking everyone else is stupid. Talk about trying to manipulate the order book, amateur style.