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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Good news! TWOD is trading

Good news! TWOD is trading

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1Good news! TWOD is trading Empty Good news! TWOD is trading Mon Sep 30, 2013 8:53 am

Humble


Manager - Equity Analytics
Manager - Equity Analytics
TWOD will start trading at 10.30 am!

It ll reach 7-8 levels in my opinion

2Good news! TWOD is trading Empty Re: Good news! TWOD is trading Mon Sep 30, 2013 9:09 am

sandunj


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Will see, hope the best will happen...

3Good news! TWOD is trading Empty Re: Good news! TWOD is trading Mon Sep 30, 2013 9:11 am

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
* Action filed by defrauded customer is in addition to winding up application before Court

* Assets of the company currently at great risk

* Petitioner alleges Touchwood Investments Plc adopted a ‘Ponzi Scheme’

* Customers given cheques fraudulently from a closed bank account of Touchwood Ltd.

* Maloneys have utilised company assets to fulfil their personal requirements; currently owe around Rs. 200-300 m to the company

* Around 200 employees not paid salaries for the past two months

4Good news! TWOD is trading Empty Re: Good news! TWOD is trading Mon Sep 30, 2013 9:22 am

yellow knife


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
I can remember touchwood sales team coming to our office when they launched their product. One of my friends after listening to the presentation done by a tall beautiful lady on teak prices in future, said he has a land of 5 acres and said if teak price is leaping like that he would like to rent his land for 20 years for the company. But the representative of touchwood, clearly said they are interested in their business of collecting money than growing trees.

If you are a batsman you have two ways to increase your score. Hit the ball or rotate the marks on scoreboard. What touchwood did is instead of batting started to arrange the score board.

Like scoreboard the share price is an indicator of one's actions. Instead of performing if you start to adjust socreboard any company will have the same fate as of touchwood

5Good news! TWOD is trading Empty Re: Good news! TWOD is trading Mon Sep 30, 2013 9:29 am

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
* Around 200 employees not paid salaries for the past two months

6Good news! TWOD is trading Empty Re: Good news! TWOD is trading Mon Sep 30, 2013 9:30 am

Humble


Manager - Equity Analytics
Manager - Equity Analytics
@sandunj wrote:Will see, hope the best will happen...
Yep - Im going to move out at 8

7Good news! TWOD is trading Empty Re: Good news! TWOD is trading Mon Sep 30, 2013 9:38 am

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
http://www.ft.lk/2013/09/30/petition-filed-in-court-to-appoint-liquidator-for-touchwood/

* Around 200 employees not paid salaries for the past two months
Is this good news?

8Good news! TWOD is trading Empty Re: Good news! TWOD is trading Mon Sep 30, 2013 10:26 am

M.R


Stock Trader
buy or stayway from touchwood??imputs pls

9Good news! TWOD is trading Empty Re: Good news! TWOD is trading Mon Sep 30, 2013 10:37 am

sandunj


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@M.R wrote:buy or stayway from touchwood??imputs pls
Very hard to tell buddy, if you are not a high risk taker stay away...

10Good news! TWOD is trading Empty Re: Good news! TWOD is trading Mon Sep 30, 2013 11:04 am

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Day trading yes. Holding No at this moment.

11Good news! TWOD is trading Empty Re: Good news! TWOD is trading Mon Sep 30, 2013 11:25 am

mark

mark
Expert
Expert
i saw someone told its gonna run to 15.

12Good news! TWOD is trading Empty Re: Good news! TWOD is trading Mon Sep 30, 2013 11:35 am

kelumhewage


Manager - Equity Analytics
Manager - Equity Analytics
hii guys to be very honest I had around one million lost last month and was so fed up with share market thank god I could collect twood at 3.40 200000 shares averaging it last thursday and sold it for 5,40 pure 400000 profit....it gave me a real happiness.....don't get this statement wrongly I am a high risk taker and day trader so for me this is how I do it.....no promotion or anything .....just my fellows to know....if you have any stories like this let me know...cheers

13Good news! TWOD is trading Empty Re: Good news! TWOD is trading Mon Sep 30, 2013 12:03 pm

sandunj


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@kelumhewage wrote:hii guys to be very honest I had around one million lost last month and was so fed up with share market  thank god I could collect  twood at 3.40 200000 shares averaging it  last thursday and sold it for 5,40 pure 400000 profit....it gave me a real happiness.....don't get this statement wrongly I am a high risk taker and day trader so for me this is how I do it.....no promotion or anything .....just my fellows to know....if you have any stories like this let me know...cheers
I can understand your happiness and i know the feelings...
Well done & good luck

14Good news! TWOD is trading Empty Re: Good news! TWOD is trading Mon Sep 30, 2013 12:22 pm

yellow knife


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
good job kelumhewage
now dont re enter and get burnt
when tulip bubble started Sir Issac Newton first got profit. Next he again re entered when the price was very high and got burnt.

15Good news! TWOD is trading Empty Re: Good news! TWOD is trading Mon Sep 30, 2013 12:28 pm

kelumhewage


Manager - Equity Analytics
Manager - Equity Analytics
thanks yellow knife and sandun.....I know its true though....will see how it goes....cheers again...you know why I told this because I have never got this much profit within two market days that is y the happiness.....cheers

16Good news! TWOD is trading Empty Re: Good news! TWOD is trading Mon Sep 30, 2013 12:41 pm

troy

troy
Moderator
Moderator
today will this close at 6, which is the ceiling for price?

17Good news! TWOD is trading Empty Re: Good news! TWOD is trading Mon Sep 30, 2013 12:56 pm

yellow knife


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
kelum hewage i got the same happiness when i sold east west...East WEst gave me the biggest profit i ever got.. but the very next Monday i realized ..have i held for one more day.....OOOOO I should have got the superb profit... thats life....

18Good news! TWOD is trading Empty Re: Good news! TWOD is trading Mon Sep 30, 2013 1:01 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Now I know Humble is lost in TWOD Laughing How many post with "TWOD will go to x,y soon,tomorrow...." posts..

19Good news! TWOD is trading Empty Re: Good news! TWOD is trading Mon Sep 30, 2013 1:40 pm

kelumhewage


Manager - Equity Analytics
Manager - Equity Analytics
ohh ok...it is nice to here that yellow....hmm good one....and even what small vill saying is true in a way isn't it????no more comment about TWOOD.....hopefully if its touch the rupee 6 there will be possibility to move further.....I feel secure for short time because the silva is there....that is what I think....(no source though)....instinct....

20Good news! TWOD is trading Empty Re: Good news! TWOD is trading Mon Sep 30, 2013 2:34 pm

dhanurrox


Vice President - Equity Analytics
Vice President - Equity Analytics
Touchwood definitely falling tomorrow.Good luck.

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