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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Is there any law against whats happening in IDL?

Is there any law against whats happening in IDL?

+6
Monster
suchithra
godswen
Universalgoal
Deva
light
10 posters

Go down  Message [Page 1 of 1]

light

light
Senior Equity Analytic
Senior Equity Analytic


Every trading day it takes a 9.X leap with low volumes to avoid price band. Nearly 200% appreciation from introductory price. Don't get caught up! Mad

Deva


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Friend, it's having a price band till 2nd Nov. What would happen when the price band is lifted?

Universalgoal


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

this will pass 100000 easily

godswen

godswen
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

If Nawara Capital is behind this their Owner can not shout against other manipulators I think.

suchithra


Senior Equity Analytic
Senior Equity Analytic

Where are those four letter word+ing regulators?

light

light
Senior Equity Analytic
Senior Equity Analytic


Drama continues....
http://www.cse.lk/cmt/upload_cse_announcements/4321320294564_.pdf

Monster

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

It's not new in CSE these days. It's another pump and dump strategy. Nawara Capital has purchased it Rs 27/- last month (if I am not mistaken). Look at the profit in short period.

That's why I have said many times, our market deserved to have a crash Twisted Evil

godswen

godswen
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Monster wrote:It's not new in CSE these days. It's another pump and dump strategy. Nawara Capital has purchased it Rs 27/- last month (if I am not mistaken). Look at the profit in short period.

That's why I have said many times, our market deserved to have a crash Twisted Evil

Yes, And there was a crossing yesterday at 114 rupees, around 700k shares!
I posted about Navara deal sometime back,
http://forum.srilankaequity.com/t11615-navara-buys-idl?highlight=navara


And I don't believe in that the whole market should crash due to SOME overvalued/highly manipulated counters!

deal


Equity Analytic
Equity Analytic

share your views ideas rumors

thanks

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics


I don;t know about rumors, but i can only say one thing about IDL.

We rarely heard of IDL even before. No one wanted a shell company all these times until someone bought it for Rs 27.

Now Rs 190.

Why is a company bought at RS 27 worth Rs 190 in a few days?

Welcome to CSE. Mircles. There is some clever share manipulation now .

Maybe it might go to Rs million but I will not touch this share now. Maybe I will buy as a gamble if it hits Rs 10-15 . ( lower than what they bought for) . or when I see a clear plan for future.

Isuri


Equity Analytic
Equity Analytic

Thanks, this information is useful. IDL finance report was negative ........wonder how these things happen. We should not buy these stocks at all

rijayasooriya

rijayasooriya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Deva wrote:Friend, it's having a price band till 2nd Nov. What would happen when the price band is lifted?
Price band is බඩ එලිය යන එකට ඇබ ගහනව වගේ වැඩක්

rijayasooriya

rijayasooriya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

http://www.cse.lk/cmt/upload_cse_announcements/6611320316475_.pdf

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