Upcoming Rights Issues?

a_randy · 1 Upcoming Rights Issues? Wed Jul 20, 2011 5:52 pm

a_randy

Manager - Equity Analytics

Posts : 162
Equity Stars : 5123
Reputation : 7
Join date : 2011-06-07

What are future Rights? Guys, please share your informations.

early · 2 Re: Upcoming Rights Issues? Wed Jul 20, 2011 9:07 pm

early

Manager - Equity Analytics

Posts : 115
Equity Stars : 5089
Reputation : 22
Join date : 2011-06-14

COMB (Commercial Bank) has announced a very attractively priced rights issue. There is almost a Rs.80/- gap bettween the market price and the rights price. Also COMB reported exceptional results during the first quater, and second quater results should be even better. I think it is Ex Rights from 26th, so there might be a big demand on Friday and Monday (last 02 days before Ex Rights.

insidertrader · 3 Re: Upcoming Rights Issues? Wed Jul 20, 2011 9:17 pm

insidertrader

Manager - Equity Analytics

Posts : 196
Equity Stars : 5189
Reputation : 36
Join date : 2011-06-04

Commercial, Softlogic finance, Malwatte, Singhalanka,CDB

Tissa · 4 Re: Upcoming Rights Issues? Wed Jul 20, 2011 9:50 pm

Tissa

Senior Manager - Equity Analytics

Posts : 302
Equity Stars : 5293
Reputation : 9
Join date : 2011-07-16

how about ALUF right issue?

Hiru · 5 Re: Upcoming Rights Issues? Wed Jul 20, 2011 9:56 pm

Hiru

Manager - Equity Analytics

Posts : 274
Equity Stars : 5329
Reputation : 31
Join date : 2011-04-24

a_randy wrote:What are future Rights? Guys, please share your informations.

Ha.....ha....are you going to chase them thinking that there are chances like in HNB.

windi5 · 6 Re: Upcoming Rights Issues? Wed Jul 20, 2011 10:40 pm

windi5

Moderator

Posts : 1549
Equity Stars : 8067
Reputation : 157
Join date : 2011-05-21

CRLs right issue is not attractive . issue price is Rs.50 but currently share is trading around Rs.48. I think, shl collapse effected the CRL share as well. ppl were hopping a substantial appreciation of crl with the shl ipo,Might be even Mr.Pathirage though the same way and priced the rights of CRL

a_randy · 7 Re: Upcoming Rights Issues? Wed Jul 20, 2011 11:01 pm

a_randy

Manager - Equity Analytics

Posts : 162
Equity Stars : 5123
Reputation : 7
Join date : 2011-06-07

Hiru wrote:

a_randy wrote:What are future Rights? Guys, please share your informations.

Ha.....ha....are you going to chase them thinking that there are chances like in HNB.

io no bro. i have no idea Very Happy

market sucks Mad

Surangaby · 8 Re: Upcoming Rights Issues? Thu Jul 21, 2011 6:25 pm

Surangaby

Senior Equity Analytic

Posts : 78
Equity Stars : 4994
Reputation : 5
Join date : 2011-06-20
Location : Pearl Of Indian Ocean

insidertrader wrote:Commercial, Softlogic finance, Malwatte, Singhalanka,CDB

Be careful with Singalanka. Look at the histry of trading (1 year back). Price of a share then and how many shares traded so far. This is a highly illiquid counter. U might burn ur finger!!!!