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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » LGL Crossing at 48

LGL Crossing at 48

+17
WildBear
natsume
Think9
nkalansu
CSE_SL
rcharindu
Dahamcse
salt
PGNN
windi5
srilankanmarket
mican
Universalgoal
suja
aga.sanjeewa
maddu
prabashk
21 posters

Go to page : 1, 2  Next

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1LGL Crossing at 48 Empty LGL.N cross 33,000,000 @ 48.00 Mon Oct 10, 2011 10:27 am

prabashk


Senior Equity Analytic
Senior Equity Analytic

I think EPF has sold their amount of LGL.

1 Laugfs Holdings Limited 260,000,000
2 Employees Provident Fund 18,762,200
3 Perpetual Capital (Private) Limited 2 ,783,800
4 Seylan Bank Plc/W D N H deleted 2 ,692,100

2LGL Crossing at 48 Empty LGL Crossing at 48 Mon Oct 10, 2011 10:27 am

maddu

maddu
Manager - Equity Analytics
Manager - Equity Analytics

There is a Crossing at Rs. 48 in the morning at 09:50:55 AM. Suddenly Price drop very badly... Evil or Very Mad Evil or Very Mad Evil or Very Mad
So what will happen this share today... Question Question Question

LGL Rs.48 Volume 33,000,0000

Happy trading...!!

3LGL Crossing at 48 Empty Re: LGL Crossing at 48 Mon Oct 10, 2011 10:30 am

aga.sanjeewa

aga.sanjeewa
Equity Analytic
Equity Analytic

i think collection start. let's see

4LGL Crossing at 48 Empty Re: LGL Crossing at 48 Mon Oct 10, 2011 10:33 am

suja


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

This is no collection this is a strategic investment by institutions, collection started last week.

5LGL Crossing at 48 Empty Re: LGL Crossing at 48 Mon Oct 10, 2011 10:51 am

maddu

maddu
Manager - Equity Analytics
Manager - Equity Analytics

Seems to me panic sellers raining...

6LGL Crossing at 48 Empty Re: LGL Crossing at 48 Mon Oct 10, 2011 10:57 am

Universalgoal


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

whats the outcome ?

7LGL Crossing at 48 Empty Re: LGL Crossing at 48 Mon Oct 10, 2011 11:02 am

mican


Equity Analytic
Equity Analytic

Universalgoal wrote:whats the outcome ?

more than 10% appreciation gain @ the end of the day for non panics Cool

8LGL Crossing at 48 Empty Re: LGL Crossing at 48 Mon Oct 10, 2011 11:22 am

srilankanmarket


Senior Equity Analytic
Senior Equity Analytic

I just bought some LGL.X and LGL.N at 28.64 and 47 (average) respectively
And On a seperate account I bought LGL.X at 28

I'm wondering whether on Wednesday Its gonna go down even further than 27.5

And are the prices that I've bought them at good ??

9LGL Crossing at 48 Empty Re: LGL Crossing at 48 Mon Oct 10, 2011 11:25 am

windi5

windi5
Moderator
Moderator

maddu wrote:Seems to me panic sellers raining...

yeap, i think panic selling.

10LGL Crossing at 48 Empty Re: LGL Crossing at 48 Mon Oct 10, 2011 11:35 am

Universalgoal


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

but wtabout LGL.X why it is stag ? may be present mkt Condition

11LGL Crossing at 48 Empty Re: LGL Crossing at 48 Mon Oct 10, 2011 12:00 pm

PGNN


Manager - Equity Analytics
Manager - Equity Analytics

Expert views

Is it worth to buy LGL.X at this levels 27.50 - 28.00 than buying LGL.N

PGNN

12LGL Crossing at 48 Empty Re: LGL Crossing at 48 Mon Oct 10, 2011 12:27 pm

salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics

PGNN wrote:Expert views

Is it worth to buy LGL.X at this levels 27.50 - 28.00 than buying LGL.N

PGNN

LGL (N) send high to do this transaction . Seller Laugf/ Buyer EPF ( subject to confirmation)
That's why LGL (x) didn't perform accordingly. Lots of experts talk about the price disparity, i decided to keep mum. This was on the cards for at least last 2 months

13LGL Crossing at 48 Empty Re: LGL Crossing at 48 Mon Oct 10, 2011 12:30 pm

Dahamcse

Dahamcse
Equity Analytic
Equity Analytic

LGL.X why you are so lazy.

14LGL Crossing at 48 Empty Re: LGL Crossing at 48 Mon Oct 10, 2011 12:30 pm

rcharindu

rcharindu
Manager - Equity Analytics
Manager - Equity Analytics

prabashk wrote:I think EPF has sold their amount of LGL.

1 Laugfs Holdings Limited 260,000,000
2 Employees Provident Fund 18,762,200
3 Perpetual Capital (Private) Limited 2 ,783,800
4 Seylan Bank Plc/W D N H deleted 2 ,692,100

EPF Does not hold that much of quantity (today 33M @ 48 and last Friday big quantities @ 48).I think Laugh Holding Sold some to EPF.There is a rumor that government going to give managing authority of Litro to LGL.If it's true EPF fund may use to get more holding power of LGL.
Anyways now below 48 is very attractive.

15LGL Crossing at 48 Empty Re: LGL Crossing at 48 Mon Oct 10, 2011 2:29 pm

CSE_SL


Stock Trader

mican wrote: more than 10% appreciation gain @ the end of the day for non panics Cool
Not a 10% gain @ the End my friend it's another loss.All this Drama performed to get rid of that pre-dealing of 33M @ 48.Price will drops back to 40's.

16LGL Crossing at 48 Empty Re: LGL Crossing at 48 Mon Oct 10, 2011 2:35 pm

Universalgoal


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

all dramas

17LGL Crossing at 48 Empty Re: LGL Crossing at 48 Mon Oct 10, 2011 2:39 pm

nkalansu


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

rcharindu wrote:
prabashk wrote:I think EPF has sold their amount of LGL.

1 Laugfs Holdings Limited 260,000,000
2 Employees Provident Fund 18,762,200
3 Perpetual Capital (Private) Limited 2 ,783,800
4 Seylan Bank Plc/W D N H deleted 2 ,692,100

EPF Does not hold that much of quantity (today 33M @ 48 and last Friday big quantities @ 48).I think Laugh Holding Sold some to EPF.There is a rumor that government going to give managing authority of Litro to LGL.If it's true EPF fund may use to get more holding power of LGL.
Anyways now below 48 is very attractive.

Please confirm the accuracy of this statement.

18LGL Crossing at 48 Empty Re: LGL Crossing at 48 Mon Oct 10, 2011 2:40 pm

Think9

Think9
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

i think collection start. let's see

maddu wrote:Seems to me panic sellers raining...

yeap, i think panic selling.

really shows how much u guys know abt shares.. please google and find more articles about crossings in a share mkt. pros and cons..

19LGL Crossing at 48 Empty Re: LGL Crossing at 48 Mon Oct 10, 2011 3:00 pm

rcharindu

rcharindu
Manager - Equity Analytics
Manager - Equity Analytics

nkalansu wrote:
rcharindu wrote:
prabashk wrote:I think EPF has sold their amount of LGL.

1 Laugfs Holdings Limited 260,000,000
2 Employees Provident Fund 18,762,200
3 Perpetual Capital (Private) Limited 2 ,783,800
4 Seylan Bank Plc/W D N H deleted 2 ,692,100

EPF Does not hold that much of quantity (today 33M @ 48 and last Friday big quantities @ 48).I think Laugh Holding Sold some to EPF.There is a rumor that government going to give managing authority of Litro to LGL.If it's true EPF fund may use to get more holding power of LGL.
Anyways now below 48 is very attractive.

Please confirm the accuracy of this statement.
Still there are no official news about these crossings.Here i mention what i think,it's only my opinion.Crossings are execute only both parties see potential benefits,Today whole market drops no significant rally's from any share.It's kind of dead day to CSE.

20LGL Crossing at 48 Empty Re: LGL Crossing at 48 Mon Oct 10, 2011 3:16 pm

natsume


Senior Equity Analytic
Senior Equity Analytic

rcharindu wrote:
nkalansu wrote:
rcharindu wrote:
prabashk wrote:I think EPF has sold their amount of LGL.

1 Laugfs Holdings Limited 260,000,000
2 Employees Provident Fund 18,762,200
3 Perpetual Capital (Private) Limited 2 ,783,800
4 Seylan Bank Plc/W D N H deleted 2 ,692,100

EPF Does not hold that much of quantity (today 33M @ 48 and last Friday big quantities @ 48).I think Laugh Holding Sold some to EPF.There is a rumor that government going to give managing authority of Litro to LGL.If it's true EPF fund may use to get more holding power of LGL.
Anyways now below 48 is very attractive.

Please confirm the accuracy of this statement.
Still there are no official news about these crossings.Here i mention what i think,it's only my opinion.Crossings are execute only both parties see potential benefits,Today whole market drops no significant rally's from any share.It's kind of dead day to CSE.


http://lbt.lk/stock-market/deals/528-gas-deal







21LGL Crossing at 48 Empty Re: LGL Crossing at 48 Mon Oct 10, 2011 3:21 pm

maddu

maddu
Manager - Equity Analytics
Manager - Equity Analytics

Here is the Deal...

http://lbt.lk/stock-market/deals/528-gas-deal

22LGL Crossing at 48 Empty Re: LGL Crossing at 48 Tue Oct 11, 2011 9:23 am

WildBear


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

It's obvious that government is set to strengthen their position in Key sectors of economy

Now they already have Litro gas, and with probable Gas exploration in Mannar, they might think of further strengthening their stake of the other market player, which is LGL. Now it's clear that the Government related funds slowly bought some amount of LGL shares from the market and then came this Crossing between Parent Company and EPF. I'm sure State funds will continue buying LGL share in next few weeks as they did with TESS,BLUE etc. and we can expect some upward trend probably of both voting and non-voting shares.On the other hand, some people of the forum might know that, there are some other hidden transactions(Small Scale) also contributed to last few weeks collection of LGL just the same way we observed during past few years.

This is only my observation, not buy and sell recommendation

23LGL Crossing at 48 Empty Re: LGL Crossing at 48 Tue Oct 11, 2011 9:26 am

pathfinder

pathfinder
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

LGL is a future winner.

24LGL Crossing at 48 Empty Re: LGL Crossing at 48 Tue Oct 11, 2011 11:46 am

enslive

enslive
Senior Equity Analytic
Senior Equity Analytic

windi5 wrote:
maddu wrote:Seems to me panic sellers raining...

yeap, i think panic selling.

I think those who collected around 40 and sold @ 50 level are not panic sellers Wink

25LGL Crossing at 48 Empty Re: LGL Crossing at 48 Tue Oct 11, 2011 1:27 pm

bakapandithaya

bakapandithaya
Vice President - Equity Analytics
Vice President - Equity Analytics

We can expect a lot from LGL.X than LGL.N

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