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PARQ - 1Q fy12 loss of (22) mn rupees, but share up today. PARQ posted a loss of (22) mn rupees in 1Q fy12, compared with a profit of 3 mn rupees in 1Q fy11
Turnover has increased since it got control of Ceykor Aluminium in October 2010, but Ceykor is still making losses it seems. Funding costs are also up with group having more debt now. But share is up today to around Rs.28 on unusually high volumes, despite red market.
Major shareholder list at 30th June 2011 has some well known names
http://www.cse.lk/cmt/upload_report_file/679_1313063223.pdf
Director's wife bought 21,900 shares on 17th August 2011 between Rs 25.5 to Rs 26
http://www.cse.lk/cmt/uploadAnnounceFiles/1751314012099_679.pdf
Turnover has increased since it got control of Ceykor Aluminium in October 2010, but Ceykor is still making losses it seems. Funding costs are also up with group having more debt now. But share is up today to around Rs.28 on unusually high volumes, despite red market.
Major shareholder list at 30th June 2011 has some well known names
http://www.cse.lk/cmt/upload_report_file/679_1313063223.pdf
Director's wife bought 21,900 shares on 17th August 2011 between Rs 25.5 to Rs 26
http://www.cse.lk/cmt/uploadAnnounceFiles/1751314012099_679.pdf
Last edited by Quibit on Tue Aug 23, 2011 5:47 pm; edited 2 times in total (Reason for editing : Add Director dealings)
