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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Odel some news

Odel some news

+18
Sarabulathwita
Pethi
VALUEPICK
NC
enslive
OzTRADER
PrabathR
PriyanDV
Hawk Eye
Market R
lux2014
suddera
Aubrey Perera
nickjava
Harry82
Wessa123
Gainer
Invest-Wise
22 posters

Go to page : 1, 2  Next

Go down  Message [Page 1 of 2]

1Odel some news Empty Odel some news Thu Sep 11, 2014 9:43 am

Invest-Wise

Invest-Wise
Manager - Equity Analytics
Manager - Equity Analytics

Hey heard something about Odel stake being sold ...Any news? What price?

2Odel some news Empty Re: Odel some news Thu Sep 11, 2014 9:44 am

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

ODEL takeover at 22.00 mandatory offer will come at 22.00

3Odel some news Empty Re: Odel some news Thu Sep 11, 2014 9:47 am

Wessa123


Manager - Equity Analytics
Manager - Equity Analytics

Who is buying

4Odel some news Empty Re: Odel some news Thu Sep 11, 2014 9:48 am

Invest-Wise

Invest-Wise
Manager - Equity Analytics
Manager - Equity Analytics

heavy collection at 22/- softlogic

5Odel some news Empty Re: Odel some news Thu Sep 11, 2014 9:49 am

Wessa123


Manager - Equity Analytics
Manager - Equity Analytics

So why not buy softlogic Smile

6Odel some news Empty Re: Odel some news Thu Sep 11, 2014 9:56 am

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

VONE?

7Odel some news Empty Re: Odel some news Thu Sep 11, 2014 10:09 am

nickjava


Manager - Equity Analytics
Manager - Equity Analytics

Harry82 wrote:VONE?

who's stake is this?

8Odel some news Empty Re: Odel some news Thu Sep 11, 2014 10:28 am

nickjava


Manager - Equity Analytics
Manager - Equity Analytics

nickjava wrote:
Harry82 wrote:VONE?

who's stake is this?

Ok. based on the volume. 2 directors must be selling their entire stake

9Odel some news Empty Re: Odel some news Thu Sep 11, 2014 10:39 am

Aubrey Perera


Vice President - Equity Analytics
Vice President - Equity Analytics

SHL has bought 44.5% of Odel, Otara, Ruchi and ajith have sold out.

10Odel some news Empty Re: Odel some news Thu Sep 11, 2014 10:40 am

suddera

suddera
Manager - Equity Analytics
Manager - Equity Analytics

ඔටාරා අද ඔඩේල්ට සමු දේ!

http://www.randora.lk/index.php/lead-article/item/3121-odellimited

11Odel some news Empty Re: Odel some news Thu Sep 11, 2014 11:12 am

lux2014

lux2014
Manager - Equity Analytics
Manager - Equity Analytics

Odel without Otara is like a "hotel without parippu" !

12Odel some news Empty Re: Odel some news Thu Sep 11, 2014 11:19 am

Market R

Market R
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Is aoftlogic or malashian company try to increes their shares to above 50%?

softlogic 44%
malashian company 47%
small amount was holding by others

13Odel some news Empty Re: Odel some news Thu Sep 11, 2014 11:31 am

Hawk Eye

Hawk Eye
Expert
Expert

Balance they should collect from market

14Odel some news Empty Re: Odel some news Thu Sep 11, 2014 11:48 am

PriyanDV


Senior Equity Analytic
Senior Equity Analytic

Seems like SHL is collecting remaining share at 22 . who will be the winner ? Malaysian company or SHL ..!

15Odel some news Empty Re: Odel some news Thu Sep 11, 2014 11:52 am

Market R

Market R
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Who will collect it first?
If Softlogic increase it above 50% remaining will be less than 3%. If malayshian company increase it above 50% remqining will br less than 5%

16Odel some news Empty Re: Odel some news Thu Sep 11, 2014 12:21 pm

PrabathR


Manager - Equity Analytics
Manager - Equity Analytics

so now odel share is going down soon.. am i right. why otara done this..

17Odel some news Empty Re: Odel some news Thu Sep 11, 2014 12:58 pm

Invest-Wise

Invest-Wise
Manager - Equity Analytics
Manager - Equity Analytics

i think the company has a 2 billion inventory and hence the loss in last quarter. They will sell this at discount to market and that will create more losses. I sold my odel which I bought at 20.50 today at 22/- as I see no future for this company. Also with an iconic person like Otara leaving is not that great!

18Odel some news Empty Re: Odel some news Thu Sep 11, 2014 1:18 pm

Hawk Eye

Hawk Eye
Expert
Expert

Iconic person like Otara and Gunawardene made strategic mistake with wrong expansion strategies. They couldnt capitalise on the success of ODEL, and since its there fanily business, couldnt think above it.

I somewhere explained that House of Fashion also made a strategic mistake. If you check internally you will find out.Mistake of a value retailer becoming a high end fashion retailer

I think Pathirage & Parkson are better fit, synergy effects will come in.

19Odel some news Empty Re: Odel some news Thu Sep 11, 2014 2:42 pm

Wessa123


Manager - Equity Analytics
Manager - Equity Analytics

Otara was too greedy too soon on expansion , it's good that she sold it now Odel will make money

20Odel some news Empty Re: Odel some news Thu Sep 11, 2014 3:06 pm

Market R

Market R
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Need to keep the reputation as Otara was their.

21Odel some news Empty Re: Odel some news Thu Sep 11, 2014 3:19 pm

OzTRADER

OzTRADER
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

lux2014 wrote:Odel without Otara is like a "hotel without parippu" !

Lux2014, Hotels don't make money on "PARIPPU CURRY" they make good money on chicken and beef curry Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy May be softlogic is chicken curry...... cheers cheers cheers cheers cheers cheers cheers cheers

22Odel some news Empty Re: Odel some news Thu Sep 11, 2014 6:24 pm

enslive

enslive
Senior Equity Analytic
Senior Equity Analytic

OzTRADER wrote:
lux2014 wrote:Odel without Otara is like a "hotel without parippu" !

Lux2014, Hotels don't make money on "PARIPPU CURRY" they make good money on chicken and beef curry Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy May be softlogic is chicken curry...... cheers cheers cheers cheers cheers cheers cheers cheers


You are wrong man.... PARIPPU is making more money than chicken Evil or Very Mad

23Odel some news Empty Re: Odel some news Thu Sep 11, 2014 6:28 pm

OzTRADER

OzTRADER
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

enslive wrote:
OzTRADER wrote:
lux2014 wrote:Odel without Otara is like a "hotel without parippu" !

Lux2014, Hotels don't make money on "PARIPPU CURRY" they make good money on chicken and beef curry Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy May be softlogic is chicken curry...... cheers cheers cheers cheers cheers cheers cheers cheers


You are wrong man.... PARIPPU is making more money than chicken Evil or Very Mad

i guess you are addicted to "PARIPPU" if you know what i mean...... Shocked Shocked Shocked Shocked Shocked Shocked Shocked

24Odel some news Empty Re: Odel some news Thu Sep 11, 2014 6:33 pm

OzTRADER

OzTRADER
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

enslive wrote:
OzTRADER wrote:
lux2014 wrote:Odel without Otara is like a "hotel without parippu" !

Lux2014, Hotels don't make money on "PARIPPU CURRY" they make good money on chicken and beef curry Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy May be softlogic is chicken curry...... cheers cheers cheers cheers cheers cheers cheers cheers


You are wrong man.... PARIPPU is making more money than chicken Evil or Very Mad
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25Odel some news Empty Re: Odel some news Fri Sep 12, 2014 8:12 pm

NC

NC
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Otara is the icon of the ODEL, how can we think about odel without her... Sad Sad  she is a such a exemplary character worked through out her life to take the name of ODEL to world class.  
And we personally respect her not only as a business woman but her charitable works for animals especially the orphans, sick dogs...
Sad  Sad
http://www.dailymirror.lk/news/52279-otara-to-focus-on-animal-welfare.html

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