I wait for my FD matured date to buy... finally I bought 5000 @ 67/= .
literally watch list different each and every person. every one thing that is good which is they have an idea about it. So me also same as like that. Don't thing this is promotion.. study first then you will realize it is platinum mine.
So personally I watch this long time.. and I mentioned few more times...
* Fundamentally good
* Last two years continuously collect by company and now by Amana Bank Limited
* Trading price 67/= (Thursday also they collect 25000 @67/=)
* Within last two years public holding down 25% to 8%
* Last year end report says their Revenue increase by 5.3 Billion
*today NAV 93.90 for the Company
yes it is CLPL.N
GREG holding more than 91% CLPL.. their hope after collection might be push up CLPL more than warrant execution price level then easy to dumb their warrants in the market or success to convert their warrants...
with that when they push up the CLPL then automatically GREG value(assets)will increase then they can push up GREG also...
GREG mostly collected by Taprobane Holdings Ltd.
Taprobane is not like Lionhart Investments Limited struggling for the money. recently Taprobane bought ECL as well.
in my view CLPL no risk.. no doubt to make double profit within 6 month period but think twice then take action( I don't want to promote , easily I can sell @ 70/= level without loss)
Note: I trade with CLPL.W13 not with CLPL.N but now I hold 5000 CLPL@67/=,,.. Now I don't have W13 but I have an idea to buy under 2/= level... If I sell CIFL with profit..