Good news from JKH : Will this be the market mover ?

Slstock · 1 Good news from JKH : Will this be the market mover ? Wed Feb 12, 2014 3:21 pm

Slstock

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http://www.cse.lk/cmt/upload_cse_announcements/7921392196448_.pdf

Last edited by slstock on Wed Feb 12, 2014 3:43 pm; edited 1 time in total

Slstock

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Now lets see whether EPF, Captains will win or the foreigners over this JKH selling spree.

I think it is matter of politics and time till this gambling licence issue of solve.

Sometimes we have to make/take calculated risks.

balapas

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Maybe foreign sales over since this kind of news will make the share price go up so local bigshots not going to buy again. Both maybe winners since most foreigners may have got the shares at a much lower price and after rights issue sitting on a very good gain. I wonder who bought over 50k of W22 warrants on Monday (I think ) at Rs75 sending the share up from Rs71 but within 20 mins it came down and now at Rs65. Even with insider info if timing is not right can be a mistake.

Slstock

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Well if he/she had faith in JKH, and of he followed Black Scholes , Rs 75 might be a bargain to him ;-)

Ofcourse not everyone can time the market.

@balapas wrote: I wonder who bought over 50k of W22 warrants on Monday (I think ) at Rs75 sending the share up from Rs71 but within 20 mins it came down and now at Rs65. Even with insider info if timing is not right can be a mistake.

Jana

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Good news .. I believe we can breath little bit .. may be Bull can run on the JKH's Shoulder from tomorrow for few days or up to end of month..

but the last minute more than 1.4 mn JKH.W23 sold by some one @ 65/= , people try to clear that Qty but he/she filled in the same level...I don't know why ?

any how JKH break 250/= again or not..? if it is yes then Warrants are good to buy at this level

balapas

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So there is some inaccuracy on this Sunday Times report http://www.sundaytimes.lk/140209/business-times/jkh-hopes-casino-controversy-will-fade-away-84705.html Here they say they have already begun work on the Water Front project but on CSE announcement they say going to. Maybe what they refer to work is different here. Does it involve work on the Casino? thats the important question.

bullrun

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Are we casino lovers? Everything fade away in front of money?

Jiggysaurus

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@bullrun wrote:Are we casino lovers? Everything fade away in front of money?

Yes why not? Make love not war. No money No honey.

bullrun

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@Jiggysaurus wrote:

@bullrun wrote:Are we casino lovers? Everything fade away in front of money?

Yes why not? Make love not war. No money No honey.

Agreed 100%

KDDND

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@Jana wrote:Good news .. I believe we can breath little bit .. may be Bull can run on the JKH's Shoulder from tomorrow for few days or up to end of month..

but the last minute more than 1.4 mn JKH.W23 sold by some one @ 65/= , people try to clear that Qty but he/she filled in the same level...I don't know why ?

any how JKH break 250/= again or not..? if it is yes then Warrants are good to buy at this level

JKH.N guide the JKH.Ws
Nt the other way....
So need to wait until dumping of JKH.N finished....
Then the rest to settle....
Cool

seyon

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@slstock wrote:http://www.cse.lk/cmt/upload_cse_announcements/7921392196448_.pdf

SLS We all know JKH will start the project, statement does not say anything abt Casino licence.

kalum

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Not sure dumping is finished but at last N is marginally on buy side from foreigners.
Net purchase today JKH.N - 30,964 (this is the top foriegn turn over buy share)
JKH.W0023 - 24,634
However JKH.W0022 is still on selling side - 7,236

KDDND

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@balapas wrote:Maybe foreign sales over since this kind of news will make the share price go up so local bigshots not going to buy again. Both maybe winners since most foreigners may have got the shares at a much lower price and after rights issue sitting on a very good gain. I wonder who bought over 50k of W22 warrants on Monday (I think ) at Rs75 sending the share up from Rs71 but within 20 mins it came down and now at Rs65. Even with insider info if timing is not right can be a mistake.

I guess it the same group who is unloading ........
Seems.......They have more to do so......
So they trying to show that the downtrend is over but ......NOBODY ELSE STAR PICKING UP...

Slstock

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You should read my other comments.

@seyon wrote:

@slstock wrote:http://www.cse.lk/cmt/upload_cse_announcements/7921392196448_.pdf

SLS We all know JKH will start the project, statement does not say anything abt Casino licence.

Prince

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@KDDND wrote:
I guess it the same group who is unloading ........
Seems.......They have more to do so......
So they trying to show that the downtrend is over but ......NOBODY ELSE STAR PICKING UP...

Ahh..... somebody got it correctly ....!!!!!

smallville

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JKH.W0023 is most safer at this time but if sellin comes despite this news, it will go to 60s Embarassed

NZ BOY

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another deama

econ

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This is not a new news at all. I do not think it have any impact on overall market trend. usually in CSE, we can see share price reaction before official announcement as most of the news are leaked before the official announcement.

Last edited by econ on Wed Feb 12, 2014 10:31 pm; edited 1 time in total

Jana

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@smallville wrote:JKH.W0023 is most safer at this time but if sellin comes despite this news, it will go to 60s

yes today huge selling by small small qty in 65/= level but still I believe if the JKH.N bull then nothing happen ...warrants automatically jump...

marusira

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@Jana wrote:

@smallville wrote:JKH.W0023 is most safer at this time but if sellin comes despite this news, it will go to 60s

yes today huge selling by small small qty in 65/= level but still I believe if the JKH.N bull then nothing happen ...warrants automatically jump...

If JKH.N up again to 240s w23 will 85 levels too.

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Good news from JKH : Will this be the market mover ?

1 Good news from JKH : Will this be the market mover ? Wed Feb 12, 2014 3:21 pm

Slstock

2 Re: Good news from JKH : Will this be the market mover ? Wed Feb 12, 2014 3:27 pm

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