Grand stock clearance sale - PCH

hariesha · 1 Grand stock clearance sale - PCH Wed Aug 14, 2013 1:15 pm

hariesha

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There are three companies in CSE that you can take the control with less than 100 M investment. Good opportunity for a guy/company for an acquisition intending as a launching pad to CSE.

Listing a new entity is a difficult and time consuming operation. To acquire the shell company "KAPI" malaysian guys paid more, if my memory is correct.

Who will take the opportunity? Is the time right for retailers? Will it discount further?

Jiggysaurus · 2 Re: Grand stock clearance sale - PCH Wed Aug 14, 2013 4:32 pm

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Crap house is not a shell company, in a fairytale if someone takes over they will need to repay 1.3 billion of debt.

The inventories shown as 1.1 billion is only worth around 200 million in a liquidation so saying that crap house can be taken over for less than 100 million is incorrect. The true cost of taking over Rishan's house is over 1.1 billion in debt repayments.

The term shell company may be more applicable to one of the other companies you are talking about.

Fresher · 3 Re: Grand stock clearance sale - PCH Wed Aug 14, 2013 9:09 pm

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@Jiggysaurus wrote:Crap house is not a shell company, in a fairytale if someone takes over they will need to repay 1.3 billion of debt.

The inventories shown as 1.1 billion is only worth around 200 million in a liquidation so saying that crap house can be taken over for less than 100 million is incorrect. The true cost of taking over Rishan's house is over 1.1 billion in debt repayments.

The term shell company may be more applicable to one of the other companies you are talking about.

spot on as always

Chinwi · 4 Re: Grand stock clearance sale - PCH Wed Aug 14, 2013 9:37 pm

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The inventories shown as 1.1 billion is only worth around 200 million in a liquidation

ඔය පරණ මදර් බෝඩ් වල රත්තරන් තියෙනවලු නේද ?

smallville · 5 Re: Grand stock clearance sale - PCH Thu Aug 15, 2013 8:29 am

smallville

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How much trouble is Rishan in to sell his playhouse?

seek · 6 Re: Grand stock clearance sale - PCH Thu Aug 15, 2013 8:40 am

seek

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@smallville wrote:How much trouble is Rishan in to sell his playhouse?

It seems he is clearing entire PF. Most probably he is already done with REEFW.19.

What are the other shares that he is name in top 20 list.

hariesha · 7 Re: Grand stock clearance sale - PCH Thu Aug 15, 2013 10:42 am

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@ .60 & .70 it was a good trading opportunity. Crashes always provides opportunities.

raezor · 8 Re: Grand stock clearance sale - PCH Thu Aug 15, 2013 11:12 am

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@seek wrote:

@smallville wrote:How much trouble is Rishan in to sell his playhouse?

It seems he is clearing entire PF. Most probably he is already done with REEFW.19.

What are the other shares that he is name in top 20 list.

OGL

hariesha · 9 Re: Grand stock clearance sale - PCH Thu Aug 15, 2013 11:25 am

hariesha

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@seek wrote:

@smallville wrote:How much trouble is Rishan in to sell his playhouse?

It seems he is clearing entire PF. Most probably he is already done with REEFW.19.

What are the other shares that he is name in top 20 list.

He is not in the REEFW19 list as at 31st March. So between Dec. 12 and Mar. 31 2013 he has sold the qty.

Jiggysaurus · 10 Re: Grand stock clearance sale - PCH Thu Aug 15, 2013 7:11 pm

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Crap house results are out.

It looks like Rishan has taken a big dump in his jungies (which he's selling these days in Unity Plaza). I thought he might do a jilmart and show a small profit (since these are not audited results), but looks like the craphouse can't even make a gross profit.

Rights issue money of 300 million has disapeared into inventories

kukumarx · 11 Re: Grand stock clearance sale - PCH Thu Aug 15, 2013 9:50 pm

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@Jiggysaurus wrote:Crap house results are out.

It looks like Rishan has taken a big dump in his jungies (which he's selling these days in Unity Plaza).

Not Any more! The shop at Unity Plaza in which he was selling garments has reverted back to computer stuff

Fresher · 12 Re: Grand stock clearance sale - PCH Thu Aug 15, 2013 11:12 pm

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@Jiggysaurus wrote:Crap house results are out.

It looks like Rishan has taken a big dump in his jungies (which he's selling these days in Unity Plaza). I thought he might do a jilmart and show a small profit (since these are not audited results), but looks like the craphouse can't even make a gross profit.

Rights issue money of 300 million has disapeared into inventories

talking about jilmart, ever wondered how NAV/share has increased? Very Happy

seems they didn't count the rights shares Wink

Jiggysaurus · 13 Re: Grand stock clearance sale - PCH Thu Aug 15, 2013 11:48 pm

Jiggysaurus

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@kukumarx wrote:

@Jiggysaurus wrote:Crap house results are out.

It looks like Rishan has taken a big dump in his jungies (which he's selling these days in Unity Plaza).

Not Any more! The shop at Unity Plaza in which he was selling garments has reverted back to computer stuff

Aparade, imagine buying a jungy from PCH. You get a one year warranty with it. If the jungy doesn't fit you take it to the PCH repair center and wait for one year for them to adjust it.

ccsentha · 14 Re: Grand stock clearance sale - PCH Fri Aug 16, 2013 12:54 am

ccsentha

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@hariesha wrote:There are three companies in CSE that you can take the control with less than 100 M investment. Good opportunity for a guy/company for an acquisition intending as a launching pad to CSE.

Listing a new entity is a difficult and time consuming operation. To acquire the shell company "KAPI" malaysian guys paid more, if my memory is correct.

Who will take the opportunity? Is the time right for retailers? Will it discount further?

how did PCH got into all of this trouble?

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Grand stock clearance sale - PCH

1 Grand stock clearance sale - PCH Wed Aug 14, 2013 1:15 pm

hariesha

2 Re: Grand stock clearance sale - PCH Wed Aug 14, 2013 4:32 pm

Jiggysaurus

3 Re: Grand stock clearance sale - PCH Wed Aug 14, 2013 9:09 pm

Fresher

4 Re: Grand stock clearance sale - PCH Wed Aug 14, 2013 9:37 pm

Chinwi

5 Re: Grand stock clearance sale - PCH Thu Aug 15, 2013 8:29 am

smallville

6 Re: Grand stock clearance sale - PCH Thu Aug 15, 2013 8:40 am

seek

7 Re: Grand stock clearance sale - PCH Thu Aug 15, 2013 10:42 am

hariesha

8 Re: Grand stock clearance sale - PCH Thu Aug 15, 2013 11:12 am

raezor

9 Re: Grand stock clearance sale - PCH Thu Aug 15, 2013 11:25 am

hariesha

10 Re: Grand stock clearance sale - PCH Thu Aug 15, 2013 7:11 pm

Jiggysaurus

11 Re: Grand stock clearance sale - PCH Thu Aug 15, 2013 9:50 pm

kukumarx

12 Re: Grand stock clearance sale - PCH Thu Aug 15, 2013 11:12 pm

Fresher

13 Re: Grand stock clearance sale - PCH Thu Aug 15, 2013 11:48 pm

Jiggysaurus

14 Re: Grand stock clearance sale - PCH Fri Aug 16, 2013 12:54 am

ccsentha

15 Re: Grand stock clearance sale - PCH

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