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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » CLPL.N highly expecting bull run next month

CLPL.N highly expecting bull run next month

Go down  Message [Page 1 of 1]

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics
CLPL.N highly expecting to move up next month they are going to success the CLPL.W0013 it's cut off price 118.00 and CLPL.N will move up more than cut off price, it's very easy to move up because it's very illiquid stock GREG holding more than 93% thatswhy they can very easy to success the warrant0013.

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Manufacturing award for Ceylon Leather

Award being presented by Marketing Director MTV Channels (Pvt) Ltd/ Maharaja Organisation Raghunath to Managing Director/CEO of Ceylon Leather Products Plc, Sitendra Senaratne who is accompanied by Deputy Secretary General, NCCSL Bandula Dissanayake Award being presented by Marketing Director MTV Channels (Pvt) Ltd/ Maharaja Organisation Raghunath to Managing Director/CEO of Ceylon Leather Products Plc, Sitendra Senaratne who is accompanied by Deputy Secretary General, NCCSL Bandula Dissanayake

Ceylon Leather Products Plc has recently clinched an award for manufacturing apparel, textile and leather products at the National Business Excellence Awards (NBEA) 2013 conducted by the National Chamber of Commerce of Sri Lanka.
In late 1930, the British rulers were faced with a serious problem to find suitable leather to produce footwear and leather accessories to the British Armed Forces. ‘The non-violence non-corporation’ movement by the patriotic Indian citizens hampered the leather production and leather sales to the British in India. The Japanese Naval Force operations often disturbed the smooth sailing to Sri Lanka causing serious implications on all imports including leather.

The British rulers decided to develop a tannery for the purpose of producing leather to the Forces with the use of local raw hides. A suitable site at Mattakkuliya bordering the Kelani River was identified and a well-equipped tannery was established under the name of the Government Tannery and Leather Goods Factory in 1939.

The chief guest for the opening ceremony of the new tannery was the then Public Welfare Commissioner Sir John Kotalawala who later became a Prime Minister in Sri Lanka. At the opening ceremony the traditional oil lamp was lit by Sir John Kotalawala and the British invitees. The fire was lit by him for the traditional boiling of milk. Within a short time the milk had boiled and had poured out heavily round the pot without been from one area.

After the Second World War, the factory diversified its activities to produce shoes and leather accessories to the domestic market whilst maintaining its position as the largest supplier to the Armed Forces and Police Department. The Department of Industries took over the management of the company and the products were sold under the “DI” logo.

In 1956, the State-owned factory was converted to a Government Corporation under the name Ceylon Leather Products Corporation. A modern shoe factory was built at Mattakkuliya in a separate site in 1962. The tannery, which is the largest in Sri Lanka, was modernized in 1970.
The shoe factory production capacity was further enhanced in 1972 to produce leather accessories to the domestic and international market.

In 1990, Ceylon Leather Products Corporation was converted to a Government-owned company under the name Ceylon Leather Products Limited. In 1991, the Government sold 90% of the shares of the Company under the privatization program. In year 2007, there was a significant change in the shareholding with foreign investors having confidence in the prospects and the potential growth of the company investing on company shares through the Stock Exchange.

Ceylon Leather Products PLC is the only leather base company which is listed in the Colombo Stock Exchange presently.
The company office, footwear factory and the leather goods factory was moved to a new location in Belummahara in the Gampaha District, leaving the tannery at the original location at Mattakkuliya. The new premises comprise 72,000sq.ft. of buildings on a land extent of just over two acres.
http://www.nation.lk/edition/biz-news/item/23428-manufacturing-award-for-ceylon-leather.html

NZ BOY

NZ BOY
Moderator
Moderator
@Gainer wrote:CLPL.N highly expecting to move up next month they are going to success the CLPL.W0013 it's cut off price 118.00 and CLPL.N will move up more than cut off price, it's very easy to move up because it's very illiquid stock GREG holding more than 93% thatswhy they can very easy to success the warrant0013.
u r correct buddy

ddrperera


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Gainer wrote:CLPL.N highly expecting to move up next month they are going to success the CLPL.W0013 it's cut off price 118.00 and CLPL.N will move up more than cut off price, it's very easy to move up because it's very illiquid stock GREG holding more than 93% thatswhy they can very easy to success the warrant0013.

poor promotion
greg warrants=clpl warrants.....

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics
CLPL Currently trading below net asset value it can possible to go up more than 150.00 before end of next month.Then big question what price will go up W13 and W14 ??? WOW unbelievable huge profits.

Jana

Jana
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
At least GREG need to success to execute this last warrants  GREG.W6
they issued three type of warrants, end of the day last two W2 and W3 expired without success.
So GREG desperate to success this last one
otherwise what is the point to issue these type of warrants ... finally they wipe out more than billion rupees....

So....

if they want to success their warrants then they hold CLPL 93% , easily they can push up this and increase their NAV value and showing that value next quarter report by push up CLPL before end of june.

then why CLPL need to go up...
1. increase the GREG Vlue push up by CLPL.N
2. they need to come out from minimum float rule before end of this year
then they need to success their warrants push by CLPL.N and dumb in market W13 and W14 ....

if the W13 execute successfully then automatically they can come out from this rule.

so all need to go up...keep on eye CLPL and GREG and all warrants of theirs.  

Note : all are good imagine.  please study well before in action

any how all the warrants good for trading purpose.

ddrperera


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Jana wrote:At least GREG need to success to execute this last warrants  GREG.W6
they issued three type of warrants, end of the day last two W2 and W3 expired without success.
So GREG desperate to success this last one
otherwise what is the point to issue these type of warrants ... finally they wipe out more than billion rupees....

So....

if they want to success their warrants then they hold CLPL 93% , easily they can push up this and increase their NAV value and showing that value next quarter report by push up CLPL before end of june.

then why CLPL need to go up...
1. increase the GREG Vlue push up by CLPL.N
2. they need to come out from minimum float rule before end of this year
then they need to success their warrants push by CLPL.N and dumb in market W13 and W14 ....

if the W13 execute successfully then automatically they can come out from this rule.

so all need to go up...keep on eye CLPL and GREG and all warrants of theirs.  

Note : all are good imagine.  please study well before in action

any how all the warrants good for trading purpose.

day dreamers good GREG,DPL,CLPL

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics
CLPL.N target price more than 150.00 befor next month.

dcwal


Manager - Equity Analytics
Manager - Equity Analytics
I bought some shares today

NZ BOY

NZ BOY
Moderator
Moderator
@dcwal wrote:I bought some shares today

keep buying dcwal u can make huge profit with in 3 months

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