LGL....Good share in the market?

Leon · 1 Re: LGL....Good share in the market? Fri Apr 12, 2013 7:58 pm

Leon

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Yes LGL is a good share in the market. They might declare at least 1.50dividend also.
But I'm a bit skeptical whether they will go for a right issue when the price is high. They need money to launch their new finance arm.

salt · 2 Re: LGL....Good share in the market? Sat Apr 13, 2013 12:08 am

salt

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Yes, this is exactly my fear too
They need money for the leisure facility

WildBear · 3 Re: LGL....Good share in the market? Sat Apr 13, 2013 8:39 am

WildBear

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They are vitually debt free.They can go for some debt,bond issues as well

salt · 4 Re: LGL....Good share in the market? Sat Apr 13, 2013 11:44 am

salt

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WildBear wrote:They are vitually debt free.They can go for some debt,bond issues as well

Yes,they could. so, you mean to say the possibility for a right issue is low. The right issue talk was there in the market back in 2011 as well.

WildBear · 5 Re: LGL....Good share in the market? Sat Apr 13, 2013 5:39 pm

WildBear

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salt wrote:

WildBear wrote:They are vitually debt free.They can go for some debt,bond issues as well

Yes,they could. so, you mean to say the possibility for a right issue is low. The right issue talk was there in the market back in 2011 as well.

They might, when the market sentiment's are positive- not immediately, by the way does this financial service arm belongs to LGL or it's parent Laughs holdings ?

keeper · 6 LGL....Shining...tomorrow? Mon Apr 15, 2013 8:58 am

keeper

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I expect to LGL is shining tomorrow..because people is more collecting these days.. Very Happy

Kithsiri · 7 Re: LGL....Good share in the market? Mon Apr 15, 2013 9:09 am

Kithsiri

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keeper wrote:I expect to LGL is shining tomorrow..because people is more collecting these days..

I love your predictions.
If one or two of them come true at least, then I will be laughing all the way to the Bank again.
Hope You Are Right. Very Happy

salt · 8 Re: LGL....Good share in the market? Mon Apr 15, 2013 12:23 pm

salt

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Keeper,
You have any idea who is buying , and why they are buying
or are you wild guessing?

Fresher · 9 Re: LGL....Good share in the market? Mon Apr 15, 2013 12:31 pm

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topics merged

Light of Hope · 10 Re: LGL....Good share in the market? Mon Apr 15, 2013 3:39 pm

Light of Hope

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There was some interest shown in this during the last few days, not a bad share to hold. I don't know anything about a rights issue, we know how the market responds to rights these days. I will sell my holding when the time comes