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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » TWOD - trading hold..?

TWOD - trading hold..?

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1TWOD - trading hold..? Empty TWOD - trading hold..? Fri Sep 27, 2013 9:14 am

Market.Player

Market.Player
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Is this true,

2TWOD - trading hold..? Empty Re: TWOD - trading hold..? Fri Sep 27, 2013 9:59 am

tsrimal


Stock Analytic
Stock Analytic
Without a Notice y have they suspend Twod? Experts view is appreciated

3TWOD - trading hold..? Empty Re: TWOD - trading hold..? Fri Sep 27, 2013 10:18 am

Jana

Jana
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@tsrimal wrote:Without a Notice y have they suspend Twod? Experts view is appreciated


it is not suspend.. because of the news they halt trading ..may be they will lift @12.00pm today ..or tomorrow...

Twod may be fly again..after they lift Shocked 

4TWOD - trading hold..? Empty Re: TWOD - trading hold..? Fri Sep 27, 2013 10:23 am

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Possible mandatory offer?

5TWOD - trading hold..? Empty Re: TWOD - trading hold..? Fri Sep 27, 2013 10:26 am

tsrimal


Stock Analytic
Stock Analytic
Thank you jana

6TWOD - trading hold..? Empty Re: TWOD - trading hold..? Fri Sep 27, 2013 10:40 am

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics
It's only in ATS. Normally they should have announced it in CSE web site also. But in this case nothing in CSE website.

When they lifting the suspense also they should have announce it in advance, indicating the lifting time.

Disclosure procedures are violating heavily these days and no action either.

7TWOD - trading hold..? Empty Re: TWOD - trading hold..? Fri Sep 27, 2013 10:46 am

Humble


Manager - Equity Analytics
Manager - Equity Analytics
@Market.Player wrote:Is this true,
]

Its because they have an announcement it seems - if its good news, TWOD price will go up to 7-8 levels!

sriranga

sriranga
Co-Admin
Please note that the CSE has imposed a Trading Halt on TWOD.N0000 pending a disclosure from the company regarding media reports.
www.cse.lk

http://sharemarket-srilanka.blogspot.co.uk/

9TWOD - trading hold..? Empty Re: TWOD - trading hold..? Fri Sep 27, 2013 1:02 pm

Humble


Manager - Equity Analytics
Manager - Equity Analytics
@Market.Player wrote:Is this true,
They made disclosure - Maloney's have stepped down - great news for shareholders and investors!

10TWOD - trading hold..? Empty Re: TWOD - trading hold..? Fri Sep 27, 2013 1:09 pm

K.Haputantri

K.Haputantri
Co-Admin
I think further disclosures are pending if Trading Holt is to be removed, such as infusion of new capital.

11TWOD - trading hold..? Empty Re: TWOD - trading hold..? Fri Sep 27, 2013 1:11 pm

sadikeen


Stock Analytic
Stock Analytic
It is great news that fugutive couple has stepped down from the helm of the company.

12TWOD - trading hold..? Empty CSE halts Touchwood trading Fri Sep 27, 2013 2:12 pm

Kumar

Kumar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
The Colombo Stock Exchange on Friday said that it has imposed a Trading Halt on Troubled forestry management company Touchwood Investments pending a disclosure from the company regarding media reports on the back of Thursday’s annual general meeting.

This is the third time trading has come to a halt and it came early morning – about an hour into trading. The share gained by more than 50 per cent witnessing enormous retailer participation on Thursday.

The Securities and Exchange Commission is investigating the company and about a week ago and the regulator suspended its trading twice for three days each time.

On Wednesday Touchwood announced changes to its directorate with the appointment of a football administrator amidst some bizarre developments which included the appointment of controversial parliamentarian deleted Silva, who is a suspect in a murder case.

Touchwood saw its share price slump following attempts to wind up the company, and the company said that it would vigorously defend a ‘winding up’ petition. The company’s deputy chairperson S. Maloney, said a petition has been filed in the High Court to wind up the company in respect of a sum of Rs. 3 million that the company allegedly owes the petitioner D.L.R. Nanayakkara. She said the company has already filed an affidavit of objection against the petition.
http://sundaytimes.lk/news/news/38039--cse-halts-touchwood-trading-.html

13TWOD - trading hold..? Empty Re: TWOD - trading hold..? Fri Sep 27, 2013 2:21 pm

coolkane


Manager - Equity Analytics
Manager - Equity Analytics
CSE done the right thing because directors cant guaranty about future price of the share without disclosing the possible reasons for it to the cse.How these ppl say about future prices?This is totaly manipulation and violation of good governance.

14TWOD - trading hold..? Empty Re: TWOD - trading hold..? Fri Sep 27, 2013 2:37 pm

keeper

keeper
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
It is good work

15TWOD - trading hold..? Empty Re: TWOD - trading hold..? Fri Sep 27, 2013 2:41 pm

tsrimal


Stock Analytic
Stock Analytic
Now kindly tell me what is the next step of this share

16TWOD - trading hold..? Empty Re: TWOD - trading hold..? Fri Sep 27, 2013 4:40 pm

Aubrey Perera


Vice President - Equity Analytics
Vice President - Equity Analytics
Maloneys stepping down is mere hog wash !!! they are doing everything behind the scene. be careful when trading with cIFL and twod until such time some concrete steps are taken to turn these companies around. they will have to be re named and rebranded if things are to improve considering all the negative publicity...who will invest ?

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