strange ECL!

xmart · 1 strange ECL! Tue Feb 15, 2011 2:20 pm

xmart

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look at order book. someone has put 700,000 @21.50. nearly 15 Mn order. today morning there were only 40,000 buyer were interested to buy ECL. any updates?

-- wow, ECL broke its crucial resistance of 27. what you all think about this now?

Last edited by xmart on Fri Feb 18, 2011 9:01 pm; edited 1 time in total

xmart · 2 its cleared.. Tue Feb 15, 2011 2:28 pm

xmart

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22.50 10,000 14:26:27
22.90 5,000 14:26:10
22.50 400 14:26:10
21.50 10,000 14:25:18
21.50 5,000 14:25:18
21.50 25,000 14:25:18
21.50 25,000 14:25:18
21.50 10,000 14:25:18
21.50 50,000 14:25:18
21.50 25,000 14:25:18
21.50 100,000 14:25:18
21.50 701,200 14:25:18
21.50 300 14:25:18
21.50 5,000 14:25:18
21.50 15,000 14:25:18
21.50 53,400 14:25:18
21.50 50,000 14:25:18
21.50 40,000 14:25:18
21.50 25,000 14:25:18
21.50 5,000 14:25:18
21.50 50,000 14:25:18
21.50 1,000 14:25:18
21.50 10,000 14:25:18
21.50 5,000 14:25:18
21.50 5,000 14:25:18
21.70 7,000 14:25:17
21.70 7,000 14:25:17
21.70 7,000 14:25:17
21.70 4,000 14:25:17
21.60 2,500 14:25:17
21.60 2,500 14:25:17
21.60 2,500 14:25:17
21.80 700 14:25:17
21.60 2,500 14:25:17

last minute it is trading heavily. nearly 2.7 Mn traded today. with some big packets. there is a crossing,
12:49:04 ECL 1,286,500 @ 21.50.

wk7 · 3 Re: strange ECL! Tue Feb 15, 2011 3:48 pm

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I observe most of the market expertise, analyst and investors were disparaged and negative attitude about the # PCH specially relating to the EPS issue because current price is not support with the market funder metals.

ECL, DPL or PDL , TAFL or many more, even one third of shares which are currently trade in CSE are overvalue and most of the above companies are not investing in new projects or no any potential growth we can see.

PCH is growing company I observe their recent reports and realize that company has improved their financial position while investing money in growth sectors like software solution provider and Business process outsource providers.

Current economic and political situation in the country is stable. Government policies and agenda is clear and with all these things Tech company like PCH will definitely benefitted and should have clear growth.
Please note : I am not PCH supporter or promoter I am really new to the CSE, this is flower

just my idea

mono · 4 Re: strange ECL! Tue Feb 15, 2011 4:14 pm

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that looks like someone taking over the company.

If you ask me ECL has potential. They have great product and if they can just find a bigger market their profits will go through the roof. These are type of IT operations that can grow rapidly, not the PCH type.

xmart · 5 Re: strange ECL! Tue Feb 15, 2011 4:45 pm

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just 17.4M shares in the market. only 51% public holding on sep quarter. thereafter Mr. W D J R silva purchase continuously. remember on sep quarter he had only 100 shares his own. further Dr. Senthilverl was major shareholder with 3.6 Mn shares. recently they entered to some global expansion projects. they are in international market with their own product.

so nearly, 6 Mn shares are hanging around the market. if something good happen it can touch the roof.

Monster · 6 Re: strange ECL! Tue Feb 15, 2011 6:51 pm

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http://www.cse.lk/cmt/upload_cse_announcements/5671297775409_.pdf

mono · 7 Re: strange ECL! Tue Feb 15, 2011 6:52 pm

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I want to collect some of these shares for my parents and leave it aside for a few years. This company has potential

Gaja · 8 Re: strange ECL! Tue Feb 15, 2011 7:00 pm

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mono if u don't mind, how old are they? ( Ur parents

mono · 9 Re: strange ECL! Tue Feb 15, 2011 7:04 pm

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Gaja wrote:mono if u don't mind, how old are they? ( Ur parents

I'm 89 and they had me when they were around 27ish. so around 115

Gaja · 10 Re: strange ECL! Tue Feb 15, 2011 7:07 pm

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thats good, tell my regards to them, i also pray on for them to have long & happy life

xmart · 11 Re: strange ECL! Tue Feb 15, 2011 8:15 pm

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D A de zoysa
Director- Associated Motorways Ltd.
Managing Director and Director- Associated Electrical Corporation Ltd.

i'm smelling something. some different parties are aggressively collecting ECL. Mr. W D J R Silva, Dr. Senthilverl, Mr. D A de Zoysa.

i think ECL partnership with Wataniya is going well. this company has good potential, not like PCH. it is "Will" share. but ECL is doing share.

analyst123 · 12 Re: strange ECL! Tue Feb 15, 2011 8:59 pm

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Is this the same Ajita De Soyza of Associated Motorways and Associated Electrical...????
If he is:
He is the chairman of UNION BANK OF COLOMBO..
A very high net worth individual with significant holdings in a selected stocks...
So just keep an eye out for some action on ECL.....

Gaja · 13 Re: strange ECL! Tue Feb 15, 2011 10:23 pm

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30.09.2010

Stated Capital 187,516,633
Retained Earnings (114,995,006)
Total Equity 72,521,627

after this period they went for reduction in the stated capital

and with out any impact for the quarter capital structure will be

Stated Capital 93,758,316
Retained Earnings (21,236,689)
Total Equity 72,521,627

if they performed well then they can bring retained earnings also to positive, also i noted Mr. W.D.J.R. Silva purchase shares frequently

i have no idea about this company, anyway i will study about this company little further, if any body have idea about their business explain me

xmart · 14 Re: strange ECL! Thu Feb 17, 2011 2:10 pm

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Gaja wrote:30.09.2010
i have no idea about this company, anyway i will study about this company little further, if any body have idea about their business explain me

simply e-channeling.
in sri lanka market they are saturated. but with Maldives business and partnership with wataniya they are discovering future market. let them one year.

mono · 15 Re: strange ECL! Thu Feb 17, 2011 2:14 pm

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xmart wrote:

Gaja wrote:30.09.2010
i have no idea about this company, anyway i will study about this company little further, if any body have idea about their business explain me

simply e-channeling.
in sri lanka market they are saturated. but with Maldives business and partnership with wataniya they are discovering future market. let them one year.

sri lankans are getting fatter thesedays. maybe the local market will expand alot in the future Question

milanka · 16 ECL Business Thu Feb 17, 2011 2:34 pm

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Although the name of the comany is eChannlling thair business area goes beyond that. Hosting the eChannlling web sites and proving facilitiess for channelling of doctors is only a small part of the business. They get a monthly income form each hospital,based on the number of invoices they genarate for each hospital.

Mainly thair business is on development and sale of Software for hospitals , pharmacies , patient information data base etc, . They employ large number of software developers and software engineers.

Found the following news on a another cse discussion forum.

Sri Lanka's E-Channelling, a listed dotcom that enables patients to make appointments with doctors over the internet, has struck a deal to enter the Maldives and a wider market with Qatar Telecom, a statement said.
E-Channelling has entered into an agreement with Wataniya Telecom Maldives, owned by Qatar Telecom (QTel) as part of its global expansion programme, it said.

The deal is to provide software services to automate medical 'channelling' services in the Maldives and is E-Channelling's first international project.

"QTel has given an undertaking that after completion of the project in the Maldives they would look into replicating the software solutions in all other 17 countries jointly with ECL," the statement said.

The four-phase project will first make available 'e-channeling' services to Maldivians to consult Sri Lankan doctors and get health check-ups and other medical services in 25 partner hospitals in Sri Lanka.

It will also make available e-channelling software to consult Maldivian doctors in Maldivian hospitals and medical centres.

In the third phase, it will revamp a Wataniya Telecom data centre to provide hosted software services to the Maldivian medical industry.

The final phase is to set up a telemedicine help-line in the Maldives to provide basic medical advice to the islands and resorts, the statement said.

Wataniya Telecom is owned by Qatar Telecom (QTel) which has 58 million subscribers in 17 countries in Asia, the Middle East and North Africa

milanka · 17 ECL Core Businss - Name to be changed. Thu Feb 17, 2011 2:59 pm

milanka

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In suppoort of my previous entry please read the Jan 2011 news on ECL's core business. - e-Channelling may change name to include core business News paper article.

http://sundaytimes.lk/110130/BusinessTimes/bt35.html

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strange ECL!

1 strange ECL! Tue Feb 15, 2011 2:20 pm

xmart

2 its cleared.. Tue Feb 15, 2011 2:28 pm

xmart

3 Re: strange ECL! Tue Feb 15, 2011 3:48 pm

wk7

4 Re: strange ECL! Tue Feb 15, 2011 4:14 pm

mono

5 Re: strange ECL! Tue Feb 15, 2011 4:45 pm

xmart

6 Re: strange ECL! Tue Feb 15, 2011 6:51 pm

Monster

7 Re: strange ECL! Tue Feb 15, 2011 6:52 pm

mono

8 Re: strange ECL! Tue Feb 15, 2011 7:00 pm

Gaja

9 Re: strange ECL! Tue Feb 15, 2011 7:04 pm

mono

10 Re: strange ECL! Tue Feb 15, 2011 7:07 pm

Gaja

11 Re: strange ECL! Tue Feb 15, 2011 8:15 pm

xmart

12 Re: strange ECL! Tue Feb 15, 2011 8:59 pm

analyst123

13 Re: strange ECL! Tue Feb 15, 2011 10:23 pm

Gaja

14 Re: strange ECL! Thu Feb 17, 2011 2:10 pm

xmart

15 Re: strange ECL! Thu Feb 17, 2011 2:14 pm

mono

16 ECL Business Thu Feb 17, 2011 2:34 pm

milanka

17 ECL Core Businss - Name to be changed. Thu Feb 17, 2011 2:59 pm

milanka

18 Re: strange ECL!

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