FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post


ADVERTISE
Poll

EXCHANGE RATE PREDICTION: 2022

 
 
 
 

View results

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» STOCK market for beginners
by Asoka Samarakone Today at 11:30 am

» Cheap Politics of Dhammika Perera: Call for Finance Ministers Resignation
by apple Yesterday at 2:27 pm

» දම්මික පෙරේරාට වැඩ වරදී
by ChooBoy Yesterday at 12:34 pm

» Sri Lanka: Tea industry faces multiple setbacks, may shut down
by ChooBoy Yesterday at 6:38 am

» Excerpts from Premier's Speech in the Parliament
by God Father Yesterday at 6:28 am

» Sri Lanka expected to increase rates as inflation soars
by ChooBoy Tue Jul 05, 2022 10:18 pm

» SEC overhauls regulations governing market institutions and market intermediaries
by CHRONICLE™ Tue Jul 05, 2022 9:03 am

» The war in Ukraine is no longer shocking the wheat market
by ResearchMan Mon Jul 04, 2022 12:44 pm

» POSITIVES & TARGETS BY IMTIAZ BUHARDEEN
by cseguide Mon Jul 04, 2022 11:34 am

» Analysis: China casts giant shadow over emerging nations' chase for debt relief
by ChooBoy Mon Jul 04, 2022 7:38 am

» In STOCK MARKET despite all odds, there is always hope. Never ever give in nor give up.
by atuts Sun Jul 03, 2022 2:14 pm

» India raises import tax on gold to support rupee and amid trade deficit
by ResearchMan Sat Jul 02, 2022 2:09 pm

» When will supply chain disruptions ease?
by ResearchMan Sat Jul 02, 2022 9:57 am

» Expolanka to continue its winning streak
by samaritan Fri Jul 01, 2022 4:12 pm

» Govt gets its priorities wrong
by samaritan Fri Jul 01, 2022 10:25 am

» Ambassador assures U.S. support to Sri Lanka to find solutions to economic issues
by samaritan Fri Jul 01, 2022 10:16 am

» IMF-Sri Lanka bailout talks end without a deal
by ChooBoy Fri Jul 01, 2022 9:16 am

» Sri Lanka Breaks Into Hyperinflation Zone Amid Dollar Crunch
by CHRONICLE™ Fri Jul 01, 2022 8:11 am

» Sri Lanka needs to do more on debt restructuring before a bailout package is finalised, says IMF
by CHRONICLE™ Fri Jul 01, 2022 8:06 am

» Global COVID cases rise as BA.4 and BA.5 expand
by samaritan Fri Jul 01, 2022 7:04 am

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Alert - Swarnamahal - Is it good?

Alert - Swarnamahal - Is it good?

+3
xhora
dinusha.kiwulegedara
Rock
7 posters

Go down  Message [Page 1 of 1]

1Alert - Swarnamahal - Is it good? Empty Alert - Swarnamahal - Is it good? Sun May 22, 2011 5:02 pm

Rock


Equity Analytic
Equity Analytic

the introduction papers are on CSE.

- 2009 - auditors "cant" express an opinion on the reliability of the financial statement - adverse opinion.
- 2010 - 2 qualification on Inventory - Land and Gold stocks... the auditors reports doesnt seem to be correct when considering the facts that what the previous auditors had mentioned* in 2009.

*auditors of the company were changed for 2010.

i think, if the 2 qualifications were factored, then in 2010 - there would be a LOSS. the 2010/11 un audited financials "seems bogus" with NO adequate information provided (notes to the accounts)!!! how did CSE/SEC APPROVE THESE to be LISTED!!!! advice - think 10-15 times before investing!

2Alert - Swarnamahal - Is it good? Empty Re: Alert - Swarnamahal - Is it good? Sun May 22, 2011 10:33 pm

dinusha.kiwulegedara


Senior Equity Analytic
Senior Equity Analytic

Hay Rock...

Your argument seems to be good .... I invite all investors analyze the Swarnamaha before IPO....

Good luck

3Alert - Swarnamahal - Is it good? Empty Re: Alert - Swarnamahal - Is it good? Sun May 22, 2011 10:36 pm

xhora

xhora
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

actually it's introduction

4Alert - Swarnamahal - Is it good? Empty Re: Alert - Swarnamahal - Is it good? Thu May 26, 2011 10:09 am

swan03


Vice President - Equity Analytics
Vice President - Equity Analytics

It traded at 100.

5Alert - Swarnamahal - Is it good? Empty Re: Alert - Swarnamahal - Is it good? Thu May 26, 2011 10:15 am

milanka

milanka
Vice President - Equity Analytics
Vice President - Equity Analytics

swan03 wrote:It traded at 100.

Is it worth 100 ?

http://forum.srilankaequity.com/u188

6Alert - Swarnamahal - Is it good? Empty Re: Alert - Swarnamahal - Is it good? Thu May 26, 2011 4:55 pm

swan03


Vice President - Equity Analytics
Vice President - Equity Analytics

milanka wrote:
swan03 wrote:It traded at 100.

Is it worth 100 ?

Is it bad that much?

7Alert - Swarnamahal - Is it good? Empty Re: Alert - Swarnamahal - Is it good? Thu May 26, 2011 6:05 pm

Leo_pold

Leo_pold
Manager - Equity Analytics
Manager - Equity Analytics

Can somebody explain what happened with SFS and CFL today? The two shares moved 285% and 178% up respectively. In any standard, that has to be considered as quite a heavy run for a single day...

8Alert - Swarnamahal - Is it good? Empty Re: Alert - Swarnamahal - Is it good? Thu May 26, 2011 6:52 pm

2011_NewComer

2011_NewComer
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Today is the first day of both these (Introduction day). I think that is how they behave on the Introduction first day...e.g. CDB in the past.

http://forum.srilankaequity.com/t1873-listings-by-way-of-introductions#12546

Smile

9Alert - Swarnamahal - Is it good? Empty Re: Alert - Swarnamahal - Is it good? Thu May 26, 2011 7:05 pm

Leo_pold

Leo_pold
Manager - Equity Analytics
Manager - Equity Analytics

Thanks a lot. It was the first introduction I experienced since I joined trading in CSE..

10Alert - Swarnamahal - Is it good? Empty Re: Alert - Swarnamahal - Is it good? Thu May 26, 2011 11:20 pm

xhora

xhora
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

But Senkadagala (SFCL) still not traded a single share to date

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum