how about ALUF R?

Market Sucker · 1 how about ALUF R? Mon Sep 05, 2011 6:42 pm

Market Sucker

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good to buy?

btw i already incur unrealized loss of more than 120K by today trading.. Sad

Market Sucker · 2 Re: how about ALUF R? Mon Sep 05, 2011 7:13 pm

Market Sucker

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a big shareholder sold 1126,000 rights today at 15.00Rs,
so the shareholder should have shares around 563,000 shares..

Date of Announcement: - 06.Jun.2011
Proportion: - Two (02) new ordinary shares for every One (01) ordinary shares held
Issue Price: - Rs. 38.00/-
Qty Offered: - 8,038,800
EGM Provisional Allotment: - 23.Aug.2011
XR: - 24.Aug.2011
Dispatch of Provisional Letter of Allotment: - 29.Aug.2011
Rights Trading Commences on: - 05. Sep.2011
Renunciation: - 12.Sep.2011
Last Date of Acceptance & Payment: - 13. Sep.2011

as i see from last qtr results,only two persons have more than 100k

Top 20 Shareholders as on 30th June 2011

1 P.J. Claesson 1,804,309 -44.89%
2 Metro Incentives Inc & Parties 1,803,310 -44.86%
3 Miss. P.V.S. Priyadarshini 84,600 -2.10%

now rights price-15Rs+38Rs(converting price)=53Rs
current ALUF N price-73Rs

wt you guys thinking?

Market Sucker · 3 Re: how about ALUF R? Mon Sep 05, 2011 8:03 pm

Market Sucker

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guys what you think Question

sell or subscribe Rolling Eyes

investor1984 · 4 Re: how about ALUF R? Mon Sep 05, 2011 8:06 pm

investor1984

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Market Sucker wrote:a big shareholder sold 1126,000 rights today at 15.00Rs,
so the shareholder should have shares around 563,000 shares..

Date of Announcement: - 06.Jun.2011
Proportion: - Two (02) new ordinary shares for every One (01) ordinary shares held
Issue Price: - Rs. 38.00/-
Qty Offered: - 8,038,800
EGM Provisional Allotment: - 23.Aug.2011
XR: - 24.Aug.2011
Dispatch of Provisional Letter of Allotment: - 29.Aug.2011
Rights Trading Commences on: - 05. Sep.2011
Renunciation: - 12.Sep.2011
Last Date of Acceptance & Payment: - 13. Sep.2011

as i see from last qtr results,only two persons have more than 100k

Top 20 Shareholders as on 30th June 2011

1 P.J. Claesson 1,804,309 -44.89%
2 Metro Incentives Inc & Parties 1,803,310 -44.86%
3 Miss. P.V.S. Priyadarshini 84,600 -2.10%

now rights price-15Rs+38Rs(converting price)=53Rs
current ALUF N price-73Rs

wt you guys thinking?

That 1 million trade is just a same party transaction i think. anyway thats positive for the company, bcoz someone is willing to invest more to this company ( 1 millon * Rs 38 ), N is trading at 73, so at least R should trade at 15.

STOCK HUNTER · 5 Re: how about ALUF R? Mon Sep 05, 2011 8:09 pm

STOCK HUNTER

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it will go up dear

coz we can see some buying orders also in this level

don't sell at loss

1.when go up sell
2.if not convert

you will win

Market Sucker · 6 Re: how about ALUF R? Mon Sep 05, 2011 8:10 pm

Market Sucker

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hmmmmmm,but seems R is attractive now Rolling Eyes

,btw i think this may touch 35 tmrw Very Happy

ROHAN · 7 Re: how about ALUF R? Mon Sep 05, 2011 10:23 pm

ROHAN

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hafooo dont touch Right,so many times burn my fingers Mad

maddu · 8 Re: how about ALUF R? Mon Sep 05, 2011 10:53 pm

maddu

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ROHAN wrote:hafooo dont touch Right,so many times burn my fingers

Damn Correct... Basketball

Happy trading...!!

investor1984 · 9 Re: how about ALUF R? Tue Sep 06, 2011 8:16 am

investor1984

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ROHAN wrote:hafooo dont touch Right,so many times burn my fingers

except for very few counters almost all counters trading in CSE turn out be too hot to handle from time to time, so its up to us to handle them with care.. Not only Rights or Warrants that are hazardous, some times regular 'N" & " X" turn out to be toxic too.

Market Sucker · 10 Re: how about ALUF R? Tue Sep 06, 2011 4:16 pm

Market Sucker

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kawa mawa

http://www.cse.lk/cmt/upload_cse_announcements/5561315282157_.pdf

he said that he wants to increase the public float by selling his rights,
pooh************* Evil or Very Mad