BLUE Subdivision

raa · 41 Re: BLUE Subdivision Thu Jan 26, 2012 10:18 am

raa

Manager - Equity Analytics

Posts : 246
Join date : 2011-03-22

Sorry, when i said capital gains.... i meant by splitting the share and "taking" (manipulating) the stock up to give existing shareholders capital gains. I don't understand why they would want to increase the no. of shares to over a billion otherwise! How much a dividend can you announce when you have 1bn shares...

IF someone else has another explanation, I'd really like to hear it.

HaPan · 42 BLUE is going to reduce 80% ofstated capital. Thu Jan 26, 2012 10:27 am

HaPan

Equity Analytic

Posts : 36
Join date : 2012-01-10

Dunno why the hell SLIC bought BLUE above 10 LKR...

https://i.servimg.com/u/f47/17/17/56/18/blue10.jpg]https://i.servimg.com/u/f47/17/17/56/18/blue10.jpg

vacna · 43 Blue subdivision of shares 1:14 Thu Jan 26, 2012 10:32 am

vacna

Equity Analytic

Posts : 26
Join date : 2011-02-14

Hi
Can anyone explain what will happen to BLUE with this announcement

smallville · 44 Re: BLUE Subdivision Thu Jan 26, 2012 10:34 am

smallville

Associate Director - Equity Analytics

Posts : 4119
Join date : 2011-02-03

raa wrote:Sorry, when i said capital gains.... i meant by splitting the share and "taking" (manipulating) the stock up to give existing shareholders capital gains. I don't understand why they would want to increase the no. of shares to over a billion otherwise! How much a dividend can you announce when you have 1bn shares...

IF someone else has another explanation, I'd really like to hear it.

There wont be any dividends in near future in my opinion.. I think the management want to tun the company to profitability at least for the sake of potential new investors Wink

Some new magic...

Roboticfx · 45 Re: BLUE Subdivision Thu Jan 26, 2012 10:34 am

Roboticfx

Senior Vice President - Equity Analytics

Posts : 1858
Join date : 2011-07-16

There is another post regarding this topic. Please refer to the smallvile's comment on it. Very Happy

RANGANA PERERA · 46 BLUE N CURRENT PRICE 7.60 (7.60/14 )=0.54 Thu Jan 26, 2012 11:38 am

RANGANA PERERA

Manager - Equity Analytics

Posts : 246
Equity Stars : 6317
Reputation : 9
Join date : 2011-02-13

BLUE N CURRENT PRICE 7.60 (7.60/14 )=0.54
BLUE X CURRENT PRICE 3.60 (3.60/14)= 0.25

rijayasooriya · 47 Re: BLUE Subdivision Thu Jan 26, 2012 12:51 pm

rijayasooriya

Senior Vice President - Equity Analytics

Posts : 1827
Equity Stars : 6800
Reputation : 134
Join date : 2011-05-25
Location : Matara

raa wrote:Sorry, when i said capital gains.... i meant by splitting the share and "taking" (manipulating) the stock up to give existing shareholders capital gains. I don't understand why they would want to increase the no. of shares to over a billion otherwise! How much a dividend can you announce when you have 1bn shares...

IF someone else has another explanation, I'd really like to hear it.

I think they try to make it easier for pump and dump.As we all know when the share price is very low it attracts retailors.So that dumping becomes very easier.

Malika1990 · 48 After Blue sub division Thu Jan 26, 2012 1:27 pm

Malika1990

Senior Vice President - Equity Analytics

Posts : 1728
Equity Stars : 8966
Reputation : 123
Join date : 2011-10-28

I have blue x at 3.50 *40000
Pls tell me wht is the gud option

1. sell after sub division
2. sell before sub division

Pls comment anyone
Thank u
Very Happy

equity buwa · 49 BLUE.N Sub Division Thu Jan 26, 2012 2:36 pm

equity buwa

Stock Trader

Posts : 4
Equity Stars : 4483
Reputation : 0
Join date : 2012-01-24

BLUE.N also going to sub division ???????????

Roboticfx · 50 Re: BLUE Subdivision Thu Jan 26, 2012 2:40 pm

Roboticfx

Senior Vice President - Equity Analytics

Posts : 1858
Equity Stars : 7900
Reputation : 131
Join date : 2011-07-16
Location : 5° 55'N - 9° 55' N and 79° 42'E - 81° 52E'.

Actually I didn't understand this! Shocked

dinurox · 51 Re: BLUE Subdivision Thu Jan 26, 2012 10:31 pm

dinurox

Stock Trader

Posts : 9
Equity Stars : 4761
Reputation : 0
Join date : 2011-04-26
Location : nugegoda

blue x will touch 4.10 & N will touch 10 tomorrow.. this z my own opinion.. not a buy or sell recommendation..

Leo · 52 Re: BLUE Subdivision Fri Jan 27, 2012 7:39 am

Leo

Manager - Equity Analytics

Posts : 296
Equity Stars : 4993
Reputation : 15
Join date : 2011-09-22

rijayasooriya wrote:

raa wrote:Sorry, when i said capital gains.... i meant by splitting the share and "taking" (manipulating) the stock up to give existing shareholders capital gains. I don't understand why they would want to increase the no. of shares to over a billion otherwise! How much a dividend can you announce when you have 1bn shares...

IF someone else has another explanation, I'd really like to hear it.

I think they try to make it easier for pump and dump.As we all know when the share price is very low it attracts retailors.So that dumping becomes very easier.

Since capital reduction theoritically makes no impact on actual share status, i too think the share division is done for to make it more easy to pump and dump. We will see more BLUE runs and some earning heavily on this share.

On the other hand Capital reduction will show the company more attractive in getting bank loans...etc. So will have an impact on company operations.So critically influential when restructuring. Theioritically though the price will come down to Rs0.54, i think it will end around Rs 1.00

Chinwi · 53 Re: BLUE Subdivision Fri Jan 27, 2012 8:01 am

Chinwi

Associate Director - Equity Analytics

Posts : 3097
Equity Stars : 8949
Reputation : 418
Join date : 2010-06-08
Location : Asia

Nishan123 wrote:Please, can anyone explain me What is the mean of Reduction of Stated Capital?

http://forum.srilankaequity.com/t15341-stated-capital-reduction#100178

mra · 54 Re: BLUE Subdivision Fri Jan 27, 2012 12:01 pm

mra

Manager - Equity Analytics

Posts : 271
Equity Stars : 5094
Reputation : 7
Join date : 2011-06-22
Location : Colombo

this is already a liquid share with lower value. I don't u/stand why they want it to be more liquid. after sub division nothing is there to eat. only bones.
may be good for day traders.

kumarweerarathne · 55 Re: BLUE Subdivision Fri Jan 27, 2012 7:45 pm

kumarweerarathne

Assistant Vice President - Equity Analytics

Posts : 885
Equity Stars : 5656
Reputation : 32
Join date : 2011-09-08

when this sub division is going to effect????

Malika1990 · 56 BLUE Subdivision Fri Jan 27, 2012 9:04 pm

Malika1990

Senior Vice President - Equity Analytics

Posts : 1728
Equity Stars : 8966
Reputation : 123
Join date : 2011-10-28

What are the effects of subdivision?

Is it good to buy and hold until subdivision Cool

notme · 57 Re: BLUE Subdivision Fri Jan 27, 2012 9:16 pm

notme

Senior Manager - Equity Analytics

Posts : 358
Equity Stars : 5328
Reputation : 21
Join date : 2011-11-21

my broker said it will creep up to to some extend .that is how they believe . Question

kumarweerarathne · 58 Re: BLUE Subdivision Fri Jan 27, 2012 9:51 pm

kumarweerarathne

Assistant Vice President - Equity Analytics

Posts : 885
Equity Stars : 5656
Reputation : 32
Join date : 2011-09-08

when will sub division going to implement?

sanjaya351 · 59 WILL BLUE GO DOWN -to 70 CENTS Sat Jan 28, 2012 8:10 am

sanjaya351

Manager - Equity Analytics

Posts : 291
Equity Stars : 5213
Reputation : 5
Join date : 2011-05-10

Some brokers say that BLUE will hit 15-20 Levels like REEF Did since the subdivision is after teh capital reduction ..
Some says it will go down to .50 /.70 levels after subdivision ..
Some say BAT is started collecting BLUE to sell it to a Singaporean company who are interested in BLUE Due to international license that it holds ..

Those who know some thing pls share with us ,...
Neutral

sanjaya351 · 60 WILL BLUE GO DOWN -? - SINGAPORE DEAL ?BAT ? Sat Jan 28, 2012 8:13 am

sanjaya351

Manager - Equity Analytics

Posts : 291
Equity Stars : 5213
Reputation : 5
Join date : 2011-05-10

Some brokers say that BLUE will hit 15-20 Levels like REEF Did since the subdivision is after teh capital reduction ..
Some says it will go down to .50 /.70 levels after subdivision ..
Some say BAT is started collecting BLUE to sell it to a Singaporean company who are interested in BLUE Due to international license that it holds .

Latest ..guys like MJ too have start collecting ...and Singapore deal is on ...but all speculations ..If any body got any news pls share ...

bakapandithaya · 61 Re: BLUE Subdivision Sat Jan 28, 2012 11:09 am

bakapandithaya

Vice President - Equity Analytics

Posts : 1447
Equity Stars : 7417
Reputation : 58
Join date : 2011-09-17

Im also interestedin BLUE. But no reliable info frm any1

soj · 62 BLUE AFTER SUB-DIVISION 14 for 1 Sat Jan 28, 2012 12:02 pm

soj

Stock Trader

Posts : 5
Equity Stars : 4853
Reputation : 0
Join date : 2011-01-22
Age : 69

I bought 10,000 shares @ 3/60 =Rs.36,000/- after the announcement of 14 for 1.
After the sub-division, one share value should be /-25 cents.(10,000 X 14 = 140,000 shares.) Minimum value of the share in the market should be Rs.1/-
When I asked from the broker,He told me some other story regarding BLUE is going to reduce 80% of stated capital and I can't get that much of shares.( 140,000 shares).

EXPERTS PLEASE EXPLAIN

Gainer · 63 Re: BLUE Subdivision Sat Jan 28, 2012 1:18 pm

Gainer

Associate Director - Equity Analytics

Posts : 3451
Equity Stars : 10936
Reputation : 264
Join date : 2011-03-13

I think they are going to reduce the shares capital and stated capital by 80% if you have 10000 shares after reduce shares capital you will get 2000 shares only then they will split by 14 then you will get 2000*14 =28000 shares.

rijayasooriya · 64 Re: BLUE Subdivision Sat Jan 28, 2012 1:24 pm

rijayasooriya

Senior Vice President - Equity Analytics

Posts : 1827
Equity Stars : 6800
Reputation : 134
Join date : 2011-05-25
Location : Matara

soj wrote:I bought 10,000 shares @ 3/60 =Rs.36,000/- after the announcement of 14 for 1.
After the sub-division, one share value should be /-25 cents.(10,000 X 14 = 140,000 shares.) Minimum value of the share in the market should be Rs.1/-
When I asked from the broker,He told me some other story regarding BLUE is going to reduce 80% of stated capital and I can't get that much of shares.( 140,000 shares).

EXPERTS PLEASE EXPLAIN

I am not an expert.
Minimum value of the share in the market might be 10cents as far as I know.
Yes blue is going to reduce 80% of stated capital but we do not need to too worry about that.There are lot of topics in our forum on this matter.If u have 10000 shares u will have 140000shares after subdivision.
Gainer,As far as I know there are not going to reduce number of share even though they reduce capital.So u can have 140000shares if u have 10000now.

Fresher · 65 Re: BLUE Subdivision Sat Jan 28, 2012 1:28 pm

Fresher

Moderator

Posts : 1498
Equity Stars : 7500
Reputation : 163
Join date : 2011-02-04

http://forum.srilankaequity.com/t15320-blue-is-going-to-reduce-80-ofstated-capital?highlight=blue

http://forum.srilankaequity.com/t15341-stated-capital-reduction#100178

btw, what do you mean by "Minimum value of the share in the market should be Rs.1/-" ?

soj · 66 Re: BLUE Subdivision Sat Jan 28, 2012 2:42 pm

soj

Stock Trader

Posts : 5
Equity Stars : 4853
Reputation : 0
Join date : 2011-01-22
Age : 69

soj wrote:I bought 10,000 shares @ 3/60 =Rs.36,000/- after the announcement of 14 for 1.
After the sub-division, one share value should be /-25 cents.(10,000 X 14 = 140,000 shares.) Minimum value of the share in the market should be Rs.1/-
When I asked from the broker,He told me some other story regarding BLUE is going to reduce 80% of stated capital and I can't get that much of shares.( 140,000 shares).

EXPERTS PLEASE EXPLAIN

Re: BLUE AFTER SUB-DIVISION 14 for 1
by npp Today at 1:28 pm

http://forum.srilankaequity.com/t15320-blue-is-going-to-reduce-80-ofstated-capital?highlight=blue

http://forum.srilankaequity.com/t15341-stated-capital-reduction#100178

btw, what do you mean by "Minimum value of the share in the market should be Rs.1/-" ?

First day trading price in the market should be Rs.1/- or above

Fresher · 67 Re: BLUE Subdivision Sat Jan 28, 2012 2:55 pm

Fresher

Moderator

Posts : 1498
Equity Stars : 7500
Reputation : 163
Join date : 2011-02-04

soj wrote:

soj wrote:I bought 10,000 shares @ 3/60 =Rs.36,000/- after the announcement of 14 for 1.
After the sub-division, one share value should be /-25 cents.(10,000 X 14 = 140,000 shares.) Minimum value of the share in the market should be Rs.1/-
When I asked from the broker,He told me some other story regarding BLUE is going to reduce 80% of stated capital and I can't get that much of shares.( 140,000 shares).

EXPERTS PLEASE EXPLAIN

Re: BLUE AFTER SUB-DIVISION 14 for 1
by npp Today at 1:28 pm

http://forum.srilankaequity.com/t15320-blue-is-going-to-reduce-80-ofstated-capital?highlight=blue

http://forum.srilankaequity.com/t15341-stated-capital-reduction#100178

btw, what do you mean by "Minimum value of the share in the market should be Rs.1/-" ?

First day trading price in the market should be Rs.1/- or above

I don't know that part. Yet, BLUE's first day trading was long long ago Smile

CSE.SAS · 68 Re: BLUE Subdivision Sat Jan 28, 2012 3:02 pm

CSE.SAS

Global Moderator

Posts : 2620
Equity Stars : 11276
Reputation : 158
Join date : 2011-02-02
Age : 37

market is being manipulated again.

Blue is another crap share....

I will write post regarding this blue soon..

CSE.SAS · 69 Re: BLUE Subdivision Sat Jan 28, 2012 3:02 pm

CSE.SAS

Global Moderator

Posts : 2620
Equity Stars : 11276
Reputation : 158
Join date : 2011-02-02
Age : 37

market is being manipulated again.

Blue is another crap share....

I will write post regarding this blue soon..

CSE.SAS

CSE.SAS

Global Moderator

Posts : 2620
Equity Stars : 11276
Reputation : 158
Join date : 2011-02-02
Age : 37

1. The Share Capital reduction nothing to worry to the present share holders.
Because it won't affect the share value.

(Please read Chinwi’s comment on following thread)
http://forum.srilankaequity.com/t15341-stated-capital-reduction#100171

2. NAV or EPS won’t change

3. Increasing shares 1:14 will increase the liquidity of the shares only, but note already more than 88% (around) of shares held by public(voting & non voting)

4. Share Price increase due to share split is little bit madness because already the share is so liquid in the market.

5. Brokers can say whatever they want, because most of them are not qualified to give advice.
(Qualification wise as well as experience wise)

Comments are appreciated.
Note: I'm not holding any Blue shares.( Even in future)

Sponsored content

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Latest topics

BLUE Subdivision

41 Re: BLUE Subdivision Thu Jan 26, 2012 10:18 am

raa

42 BLUE is going to reduce 80% ofstated capital. Thu Jan 26, 2012 10:27 am

HaPan

43 Blue subdivision of shares 1:14 Thu Jan 26, 2012 10:32 am

vacna

44 Re: BLUE Subdivision Thu Jan 26, 2012 10:34 am

smallville

45 Re: BLUE Subdivision Thu Jan 26, 2012 10:34 am

Roboticfx

46 BLUE N CURRENT PRICE 7.60 (7.60/14 )=0.54 Thu Jan 26, 2012 11:38 am

RANGANA PERERA

47 Re: BLUE Subdivision Thu Jan 26, 2012 12:51 pm

rijayasooriya

48 After Blue sub division Thu Jan 26, 2012 1:27 pm

Malika1990

49 BLUE.N Sub Division Thu Jan 26, 2012 2:36 pm

equity buwa

50 Re: BLUE Subdivision Thu Jan 26, 2012 2:40 pm

Roboticfx

51 Re: BLUE Subdivision Thu Jan 26, 2012 10:31 pm

dinurox

52 Re: BLUE Subdivision Fri Jan 27, 2012 7:39 am

Leo

53 Re: BLUE Subdivision Fri Jan 27, 2012 8:01 am

Chinwi

54 Re: BLUE Subdivision Fri Jan 27, 2012 12:01 pm

mra

55 Re: BLUE Subdivision Fri Jan 27, 2012 7:45 pm

kumarweerarathne

56 BLUE Subdivision Fri Jan 27, 2012 9:04 pm

Malika1990

57 Re: BLUE Subdivision Fri Jan 27, 2012 9:16 pm

notme

58 Re: BLUE Subdivision Fri Jan 27, 2012 9:51 pm

kumarweerarathne

59 WILL BLUE GO DOWN -to 70 CENTS Sat Jan 28, 2012 8:10 am

sanjaya351

60 WILL BLUE GO DOWN -? - SINGAPORE DEAL ?BAT ? Sat Jan 28, 2012 8:13 am

sanjaya351

61 Re: BLUE Subdivision Sat Jan 28, 2012 11:09 am

bakapandithaya

62 BLUE AFTER SUB-DIVISION 14 for 1 Sat Jan 28, 2012 12:02 pm

soj

63 Re: BLUE Subdivision Sat Jan 28, 2012 1:18 pm

Gainer

64 Re: BLUE Subdivision Sat Jan 28, 2012 1:24 pm

rijayasooriya

65 Re: BLUE Subdivision Sat Jan 28, 2012 1:28 pm

Fresher

66 Re: BLUE Subdivision Sat Jan 28, 2012 2:42 pm

soj

67 Re: BLUE Subdivision Sat Jan 28, 2012 2:55 pm

Fresher

68 Re: BLUE Subdivision Sat Jan 28, 2012 3:02 pm

CSE.SAS

69 Re: BLUE Subdivision Sat Jan 28, 2012 3:02 pm

CSE.SAS

70 Blue Diamond following facts need to be taken into account Sat Jan 28, 2012 3:34 pm

CSE.SAS

71 Re: BLUE Subdivision

Sponsored content

New topics