what is going on with MARA.ROOO

wikum100 · 1 what is going on with MARA.ROOO Wed Mar 09, 2011 12:14 pm

wikum100

Senior Manager - Equity Analytics

Posts : 303
Equity Stars : 5235
Reputation : 15
Join date : 2011-01-28

What is going on with mara ? will it further down? i brought at 5.50 now 3 .......help me?

tubal · 2 Re: what is going on with MARA.ROOO Wed Mar 09, 2011 12:31 pm

tubal

Vice President - Equity Analytics

Posts : 1047
Equity Stars : 6283
Reputation : 243
Join date : 2011-01-27

wikum100 wrote:What is going on with mara ? will it further down? i brought at 5.50 now 3 .......help me?

I am sorry to say you have been had. The correct price for MARA.R is 2.00 (you need to pay Rs 10.00 to excercise your right). So the MARA.R price should be very closely tied to the MARA.N price. A fluctuation of about 10% is acceptable but even the current Rs 3.00 price is crazy.

kuk83 · 3 Re: what is going on with MARA.ROOO Wed Mar 09, 2011 12:33 pm

kuk83

Manager - Equity Analytics

Posts : 247
Equity Stars : 5199
Reputation : 20
Join date : 2011-01-28
Age : 40
Location : Anuradapura

wikum100 wrote:What is going on with mara ? will it further down? i brought at 5.50 now 3 .......help me?

Now it is in real tract.Its real value (base on MARA.N current price) around 2SLR.SO...... no wonder if it came to 2.
Be careful when you enter rights.(anyway anytime it may go to 15 becoz this is CSE)

Basketball

baroc · 4 Re: what is going on with MARA.ROOO Wed Mar 09, 2011 12:46 pm

baroc

Stock Analytic

Posts : 11
Equity Stars : 4856
Reputation : 3
Join date : 2011-02-09

You are right kuk83. This is CSE.
So only thing wikum could do is place an order for nest few days (on or before 14Mar), cross your fingers and wait.

wikum100 · 5 Re: what is going on with MARA.ROOO Wed Mar 09, 2011 12:50 pm

wikum100

Senior Manager - Equity Analytics

Posts : 303
Equity Stars : 5235
Reputation : 15
Join date : 2011-01-28

that means i have to find 40000/= by monday ? Mad

wikum100 · 6 Re: what is going on with MARA.ROOO Wed Mar 09, 2011 12:52 pm

wikum100

Senior Manager - Equity Analytics

Posts : 303
Equity Stars : 5235
Reputation : 15
Join date : 2011-01-28

thanks anyway for the help machan.....hearafter i will never by rights

baroc · 7 Re: what is going on with MARA.ROOO Wed Mar 09, 2011 1:21 pm

baroc

Stock Analytic

Posts : 11
Equity Stars : 4856
Reputation : 3
Join date : 2011-02-09

I am not an expert. But, I think buying roghts for the purpose of trading is dangerous, since you have only 5 days to trade. If you feel it is a good share, what you have to do is buy the normal share before XR date and get the rights.

Fresher · 8 Re: what is going on with MARA.ROOO Wed Mar 09, 2011 8:19 pm

Fresher

Moderator

Posts : 1498
Equity Stars : 7514
Reputation : 163
Join date : 2011-02-04

wikum100,
pls read the new posts which came up after the mara rights. it is MARA.R0000 to be exact.
it is not bad to buy rights, but it's bad when you buy it at such a high price.
it's just sad to see another victim of this Sad

since you already bought it and since a few days have passed, it is impossible that it would go up again. Therefore, it is best to sell them at the highest price possible and take the money or you will lose everything if you dont subscribe

wikum100 · 9 Re: what is going on with MARA.ROOO Wed Mar 09, 2011 11:50 pm

wikum100

Senior Manager - Equity Analytics

Posts : 303
Equity Stars : 5235
Reputation : 15
Join date : 2011-01-28

npp wrote:wikum100,
pls read the new posts which came up after the mara rights. it is MARA.R0000 to be exact.
it is not bad to buy rights, but it's bad when you buy it at such a high price.
it's just sad to see another victim of this

since you already bought it and since a few days have passed, it is impossible that it would go up again. Therefore, it is best to sell them at the highest price possible and take the money or you will lose everything if you dont subscribe

thanks npp --please tell me what if happen if i not buy right @10/= and keep the shares?

Meta Trader · 10 Re: what is going on with MARA.ROOO Wed Mar 09, 2011 11:59 pm

Meta Trader

Senior Manager - Equity Analytics

Posts : 590
Equity Stars : 5684
Reputation : 88
Join date : 2011-02-01
Location : Down Under

wikum100 wrote:thanks anyway for the help machan.....hearafter i will never by rights

wikum !
it seems u still haven't learned from ur mistake Evil or Very Mad

instead saying " hearafter i will never by rights " u should look for the real valuable rights at the right moment . in the past KHL rights were trading around Rs 5 - 6 last year. at that moment it was a absolute must buy right .

Idea

Fresher · 11 Re: what is going on with MARA.ROOO Thu Mar 10, 2011 6:42 am

Fresher

Moderator

Posts : 1498
Equity Stars : 7514
Reputation : 163
Join date : 2011-02-04

wikum100 wrote:

npp wrote:wikum100,
pls read the new posts which came up after the mara rights. it is MARA.R0000 to be exact.
it is not bad to buy rights, but it's bad when you buy it at such a high price.
it's just sad to see another victim of this

since you already bought it and since a few days have passed, it is impossible that it would go up again. Therefore, it is best to sell them at the highest price possible and take the money or you will lose everything if you dont subscribe

thanks npp --please tell me what if happen if i not buy right @10/= and keep the shares?

if you do not convert rights into shares by paying 10/- by the last date of acceptance, the rights will no longer exist. therefore you lose your money for which you bought them

ruchira nirash · 12 Re: what is going on with MARA.ROOO Thu Mar 10, 2011 11:24 am

ruchira nirash

Stock Trader

Posts : 8
Equity Stars : 4858
Reputation : 0
Join date : 2011-01-30

i THINK WIKUM100 MUST GOT A HEART ATTACK WHEN TODAY MARA.R0000 STARTS TRADING AROUND 1.40-1.50 LEVELS

dinushaf · 13 Pls tell me Thu Mar 10, 2011 8:52 pm

dinushaf

Stock Trader

Posts : 6
Equity Stars : 4842
Reputation : 0
Join date : 2011-02-21

When is the MARA Settlement day???

wikum100 · 14 Re: what is going on with MARA.ROOO Sun Mar 13, 2011 12:26 am

wikum100

Senior Manager - Equity Analytics

Posts : 303
Equity Stars : 5235
Reputation : 15
Join date : 2011-01-28

dinushaf wrote:When is the MARA Settlement day???

how to find the mara settlement date ....cse web?
Question

Fresher · 15 Re: what is going on with MARA.ROOO Sun Mar 13, 2011 8:43 am

Fresher

Moderator

Posts : 1498
Equity Stars : 7514
Reputation : 163
Join date : 2011-02-04

from the web,

Renunciation: 14.Mar.2011
Last Date of Acceptance & Payment: 15.Mar.2011

U have to pay 10/- to convert a right
MARA.N last closed @ 12 so assuming R was 1.50 there is only a 0.50/- advantage. But for every R you buy you must pay 10/-
so make your decision wisely.
I have not applied for rights bought in the market so I'm not sure how it actually works. All I know is that you have to pay your broker on or before that date.

babytrader · 16 Re: what is going on with MARA.ROOO Sun Apr 03, 2011 1:36 pm

babytrader

Equity Analytic

Posts : 26
Equity Stars : 4841
Reputation : 0
Join date : 2011-04-03

Could someone please explain why investors would pay 18 /= Rs for MARA.R when MARA.N is trading around 12/=.

I can understand it if the ppl who bought these stock were newbies like me but ever since i learnt how rights work i dont understand why ppl would do such a thing ?

what gains could they have possibly got ?

Fresher · 17 Re: what is going on with MARA.ROOO Sun Apr 03, 2011 6:37 pm

Fresher

Moderator

Posts : 1498
Equity Stars : 7514
Reputation : 163
Join date : 2011-02-04

babytrader wrote:
Could someone please explain why investors would pay 18 /= Rs for MARA.R when MARA.N is trading around 12/=.

I can understand it if the ppl who bought these stock were newbies like me but ever since i learnt how rights work i dont understand why ppl would do such a thing ?

what gains could they have possibly got ?

the answer is in your question.
they simply don't know what they are buying. some try to create a momentum and the others buy based on that

Sponsored content

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

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

Latest topics

what is going on with MARA.ROOO

1 what is going on with MARA.ROOO Wed Mar 09, 2011 12:14 pm

wikum100

2 Re: what is going on with MARA.ROOO Wed Mar 09, 2011 12:31 pm

tubal

3 Re: what is going on with MARA.ROOO Wed Mar 09, 2011 12:33 pm

kuk83

4 Re: what is going on with MARA.ROOO Wed Mar 09, 2011 12:46 pm

baroc

5 Re: what is going on with MARA.ROOO Wed Mar 09, 2011 12:50 pm

wikum100

6 Re: what is going on with MARA.ROOO Wed Mar 09, 2011 12:52 pm

wikum100

7 Re: what is going on with MARA.ROOO Wed Mar 09, 2011 1:21 pm

baroc

8 Re: what is going on with MARA.ROOO Wed Mar 09, 2011 8:19 pm

Fresher

9 Re: what is going on with MARA.ROOO Wed Mar 09, 2011 11:50 pm

wikum100

10 Re: what is going on with MARA.ROOO Wed Mar 09, 2011 11:59 pm

Meta Trader

11 Re: what is going on with MARA.ROOO Thu Mar 10, 2011 6:42 am

Fresher

12 Re: what is going on with MARA.ROOO Thu Mar 10, 2011 11:24 am

ruchira nirash

13 Pls tell me Thu Mar 10, 2011 8:52 pm

dinushaf

14 Re: what is going on with MARA.ROOO Sun Mar 13, 2011 12:26 am

wikum100

15 Re: what is going on with MARA.ROOO Sun Mar 13, 2011 8:43 am

Fresher

16 Re: what is going on with MARA.ROOO Sun Apr 03, 2011 1:36 pm

babytrader

17 Re: what is going on with MARA.ROOO Sun Apr 03, 2011 6:37 pm

Fresher

18 Re: what is going on with MARA.ROOO

Sponsored content

New topics