INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000)

vikiperera

vikiperera

Manager - Equity Analytics

Posts : 176
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@ColomboCSE wrote:CASH FLOW බැලුවම මට නම් මට නම් හොදක් පෙන්නේ නැ...

ඔයා ඕක බල බල ඉන්න ලංකාව මාකට් එක උඩට යන්න පහලට යන්න ඕක බලපාන්නෙ නෑ.

prabath

prabath

Assistant Vice President - Equity Analytics

Posts : 807
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@Beta1 wrote:Most of the companies need money now. After subdivision, if they issue rights what happen?

a great call at the correct time.Well done.Compared to other shares below 1 ASPH is a gem.TESS,BERU CSF,ALHP, MULL are either crap or loss making entities. bounce

vikiperera

vikiperera

Manager - Equity Analytics

Posts : 176
Join date : 2019-11-17

@prabath wrote:

@Beta1 wrote:Most of the companies need money now. After subdivision, if they issue rights what happen?

a great call at the correct time.Well done.Compared to other shares below 1 ASPH is a gem.TESS,BERU CSF,ALHP, MULL are either crap or loss making entities.

Definitely yes

Eranga87

Eranga87

Assistant Vice President - Equity Analytics

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have to recover 240Mn from the trade debtor.

sahan8896

sahan8896

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@Eugine Fernando wrote:ASPH WILL SUBDIVIDED INTO 4500 SHARES FOR I SHARE. PRESENT TRADING PRICE AROUND 300/= AFTER THE SUBDIVISION EVEN IF YOU SELL THE LOWEST PRICE OF =/10 YOU CAN EASILY MAKE 50% PROFIT.

NAV OVER RS. 800/= GL

You were the first to predict weldone.great call correct time.

Soilconomy

Soilconomy

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Risky share.be careful

Kipling

Kipling

Expert

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Hi Sahan. Great to see you. I recall you being active in 2009-11 bull run. I hope your return signals seeing a similar opportunity @ cse. I recall your call on Cflb in 2010 prior to 10 bagger. Is Cflb poised in a similar way now. Smart move to dump KIA.

bhanu

bhanu

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Be careful new comers this are not the ideal shares that you want to jump in to. Don't get carried away

Eugine Fernando

Eugine Fernando

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@sahan8896 wrote:

@Eugine Fernando wrote:ASPH WILL SUBDIVIDED INTO 4500 SHARES FOR I SHARE. PRESENT TRADING PRICE AROUND 300/= AFTER THE SUBDIVISION EVEN IF YOU SELL THE LOWEST PRICE OF =/10 YOU CAN EASILY MAKE 50% PROFIT.

NAV OVER RS. 800/= GL

You were the first to predict weldone.great call correct time.

Thanks Sahan for your compliments, in this market if you study the movement of shares you can make some money which will help to reduce some of your losses. Thanks GL.

lbnnirmal

lbnnirmal

Senior Manager - Equity Analytics

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There was a SUB-DIVISION OF SHARE happen on 18 May 2020. Every 1 share divided in 4500 shares.

Price before SUB-DIVISION around 400 LKR
Base on SUB-DIVISION one price should be worth around 0.08 LKR. (400/4500)

But current trading around 0.20 LKR per share.

So I believe any one can understand whether it's over priced or not.

vikiperera

vikiperera

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https://chat.whatsapp.com/FT74vvulT6WBRWoUZdAgJT please join with the ASPH company owner and take solutions for you problems regarding asph

vikiperera

vikiperera

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https://chat.whatsapp.com/FT74vvulT6WBRWoUZdAgJT please join with the ASPH company owner and take solutions for your problems regarding the company

Eranga87

Eranga87

Assistant Vice President - Equity Analytics

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value the share over or underestimate considering NAV per share with the market price. before subdivision NAV per share 825. I cant see over estimate. it is fairly estimated.

vikiperera

vikiperera

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Successful trade at 20 cents

MarketWch

MarketWch

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Punchi mudalataaa loku alabayak

engineer

engineer

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@MarketWch wrote:Punchi mudalataaa loku alabayak

Why do you say so?

ColomboCSE

ColomboCSE

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I can't understand this SUBDIVISION.
Is SUBDIVISION based on "Market Price" or "net assets per share price"?

engineer

engineer

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Yep I too cant understand what the ration behind this Neutral

vikiperera

vikiperera

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Right issue at 20 cents. Share should trade for 30 cents

Soilconomy

Soilconomy

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no it should be below .10

Teller

Teller

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its a Well planned manipulation.

Soilconomy

Soilconomy

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i would not pay .08 for this.never touch buisness that is not good even if its penny...

engineer

engineer

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Doesn't the CSE get involved in such instances the net asset is not even close to .20 after the split :\

vikiperera

vikiperera

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There should a buyer at 20cents

Junior investor

Junior investor

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I am going to buy 100 shares tomorrow just for fun. it will cost me Rs 20. I don't mind losing 20 rupees.

chathura123

chathura123

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The shop at out junction made more profit than this company ?
Lol
Only 5.0 mn per annum from asphalt company ?
They are so called busienss leaders. ???
What a joke...
So many farmers developed their cultivation upto food initiatives. Like organic farming ,green houses, new innovative low cost method ....etc. these people are more respectful than these rogues.

Bakka1988

Bakka1988

Manager - Equity Analytics

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Age : 33
Location : Colombo

@chathura123 wrote:The shop at out junction made more profit than this company ?
Lol
Only 5.0 mn per annum from asphalt company ?
They are so called busienss leaders. ???
What a joke...
So many farmers developed their cultivation upto food initiatives. Like organic farming ,green houses, new innovative low cost method ....etc. these people are more respectful than these rogues.

But it's better than Tess,csf,semb,mull

celtic tiger

celtic tiger

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Before sub-di price around 380.Now .20*4500=900.
company had problem with minimum p.holding,I think they manipulated the price by sub-d and right iss-and dumped to get the minimum p.holding.
ONE STONE TWO BIRDS-smart

sahan8896

sahan8896

Assistant Vice President - Equity Analytics

Posts : 926
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@celtic tiger wrote:Before sub-di price around 380.Now .20*4500=900.
company had problem with minimum p.holding,I think they manipulated the price by sub-d and right iss-and dumped to get the minimum p.holding.
ONE STONE TWO BIRDS-smart

Its not over.Just wait for sometime.

Teller

Teller

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This is the no.1 manipulation in 2020. SEc and CSE couldnt undrstand it. After split price to be dropped to 0.06 but minimum possible BID is 0.10 cents.

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INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000)

101 Re: INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) Sat May 23, 2020 8:20 pm

vikiperera

102 Re: INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) Sat May 23, 2020 9:19 pm

prabath

103 Re: INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) Sat May 23, 2020 9:29 pm

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104 Re: INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) Sat May 23, 2020 11:17 pm

Eranga87

105 Re: INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) Sun May 24, 2020 6:57 am

sahan8896

106 Re: INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) Sun May 24, 2020 7:31 am

Soilconomy

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bhanu

109 Re: INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) Sun May 24, 2020 12:51 pm

Eugine Fernando

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vikiperera

113 Re: INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) Sun May 24, 2020 10:02 pm

Eranga87

114 Re: INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) Tue May 26, 2020 5:24 pm

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MarketWch

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engineer

117 Re: INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) Thu May 28, 2020 10:39 pm

ColomboCSE

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vikiperera

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Soilconomy

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Junior investor

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celtic tiger

129 Re: INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) Thu Jun 04, 2020 6:55 pm

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