GSF.N0000 Future

keeper · 1 GSF.N0000 Future Thu Feb 21, 2013 1:06 pm

keeper

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GSF price move down.whats the reason my friends?Not many buyers now...,very slow cyclops

trading?
I have many shares that company,How to sell?Price is very low cat

Gaja · 2 Re: GSF.N0000 Future Thu Feb 21, 2013 1:44 pm

Gaja

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Friend are u referring GSF or CSF?

keeper · 3 Re: GSF.N0000 Future Thu Feb 21, 2013 1:56 pm

keeper

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GSF

Slstock · 4 Re: GSF.N0000 Future Thu Feb 21, 2013 2:11 pm

Slstock

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Many shares? I presume you did not buy from CSE as there were only odd lots sold during most days?

Gaja · 5 Re: GSF.N0000 Future Thu Feb 21, 2013 2:13 pm

Gaja

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slstock wrote:Many shares? I presume you did not buy from CSE as there were only odd lots sold during most days?

Thats why i asked whether it was GSF or CSF?

keeper · 6 Re: GSF.N0000 Future Thu Feb 21, 2013 2:29 pm

keeper

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My friends,not present,i buy @Rs.200

Gaja · 7 Re: GSF.N0000 Future Thu Feb 21, 2013 2:31 pm

Gaja

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keeper wrote:My friends,not present,i buy @Rs.200

so u can sell it to 500/=

keeper · 8 Re: GSF.N0000 Future Thu Feb 21, 2013 2:38 pm

keeper

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Yes.but i think GFS price move up ,What do you think?is it correct? Question

Slstock · 9 Re: GSF.N0000 Future Thu Feb 21, 2013 2:41 pm

Slstock

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how many share do you have. Dependin g on quantity there can be options.

Redbulls · 10 Re: GSF.N0000 Future Thu Feb 21, 2013 2:44 pm

Redbulls

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keeper wrote:Yes.but i think GFS price move up ,What do you think?is it correct?

Price move up entirely subject to intra trade between the related party.(Contact SEC Chairman and co)

smallville · 11 Re: GSF.N0000 Future Fri Feb 22, 2013 8:14 am

smallville

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keeper wrote:Yes.but i think GFS price move up ,What do you think?is it correct?

This counter was used to control the ASI sometime back to bring green or red.

Highest Price - 1,500.00
Lowest Price - 200.00 (Opening day)

9 months EPS - 1.13
Total Assets - 1,127,034,743
Total Liabilities - 767,739,662
No of shares - 22,500,000

Good working capital.
As per 31-12-12 financials;
- Fixed Deposits have gone doubled from 31-12-11 of 320,056,048 to 662,549,703 by 31-12-12
- Borrowings were cut down by 1/9 from 437,904,314 to 48,977,072
- As per 31-12-12 financials, CT holds 5,624,952 shares or 25% of the company. And SEC Chairman,Mr. G'hewa holds 1,125,000 shares or 05% of the company.
- Public holding is merely 9,687 shares Wink

, so this is an extremely illiquid counter.

- NAV - 15.97. Therefore, PBV @ current value is 37.7. Laughing

The fair value taken at 2X PBV is Rs. 32/-. Hence its safe to assume a counter worth 30-35 rupees goes at a whooping premium of 600+ now.. We should be really lame to buy shares of a company like this..

DUDE.. Dont be too greedy.. At the current price of 601.70, ur looking at a 3 bagger stock. Be satisfied and get out
Unless otherwise 9,687 shares used to control the price up and down, u wont see this coming to 1000s again.

seek · 12 Re: GSF.N0000 Future Fri Feb 22, 2013 9:23 am

seek

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@keeper
You must be in top 20 list if you have 100 shares in hand.
According to 2012-12-31 results,

12, 13 are Uduwara brothers having 5000 shares each.
14,15,16 and 17 are Sugathapala brothers having 500 shares each.
19 and 20 are Wickramasinghe brothers having 100 shares each.
18 is deleted Silva’s brother (not sure) having 161 shares in margin account.