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

» SGH buys EXPO from retailers
by blindhog Today at 11:04 pm

» LOLC FINANCE PLC (LOFC.N0000)
by Surajmp Today at 8:44 pm

» L G I L - Maharaja special
by Chula Today at 8:13 pm

» HAYLEYS PLC (HAYL.N0000)
by cseboss Today at 11:34 am

» NO FURTHER INCREASE IN TAXES-PRES. RANIL WICKRAMASINGHE
by ADVENTUS Yesterday at 3:48 pm

» AAIC 100 = SCAP 16
by Equity Win Yesterday at 2:11 pm

» CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000)
by Dasun Maduwantha Yesterday at 12:10 pm

» Nestle‚ declares highest ever dividend
by Shiranli Yesterday at 11:24 am

» PRIME LANDS RESIDENCIES PLC (PLR.N0000)
by Anushka Perz Yesterday at 11:15 am

» Buy lofc tomorrow - Maharaja
by Maharaja Yesterday at 9:47 am

» MULTI FINANCE PLC (MFL.N0000)
by Eleven Mon Aug 08, 2022 9:28 pm

» AGSTAR PLC (AGST.N0000)
by Thushara Ayya Mon Aug 08, 2022 4:18 pm

» ACL; MELS; HHL; BIL; LWL- STOCKS TO WATCH
by ADVENTUS Mon Aug 08, 2022 1:43 pm

» LIOC ....Get in soon
by samaritan Mon Aug 08, 2022 11:49 am

» Sinopec likely to enter Lankan fuel market
by samaritan Mon Aug 08, 2022 9:41 am

» RW - Rescue Warrior of Sri Lanka's Economy
by reyaz Mon Aug 08, 2022 8:17 am

» Should Central bank increase Interest rates?
by reyaz Mon Aug 08, 2022 7:52 am

» LPRT and CHOT old and profitable businesses, yet severely undervalued
by sheildskye Sun Aug 07, 2022 12:05 pm

» Day Trader may find a stock attractive if it moves a lot during the day. Stock market for beginners and day traders
by Asoka Samarakone Sat Aug 06, 2022 11:54 am

» Foundation laid for Nestlé Lanka’s Rs.5bn factory expansion
by nilantha suranga Sat Aug 06, 2022 1:57 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™ » CITW Rights Issue 1 for 2 at 10.00 but trading 5.20

CITW Rights Issue 1 for 2 at 10.00 but trading 5.20

+8
samaritan
kav4
Daniel260476
Steve Jansen
NBW
sureshot
nis2010
Gainer
12 posters

Go down  Message [Page 1 of 1]

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

CITW Rights Issue 1 for 2 at 10.00 but trading 5.20  
http://www.cse.lk/cmt/upload_cse_announcements/2901435898307_.pdf lol!

nis2010


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Gainer wrote:CITW Rights Issue 1 for 2 at 10.00 but trading 5.20  
http://www.cse.lk/cmt/upload_cse_announcements/2901435898307_.pdf lol!
now trading 6+ after right issue announcement CITW . what is the reason

sureshot

sureshot
Vice President - Equity Analytics
Vice President - Equity Analytics

another gilmart from DJ

NBW


Stock Analytic
Stock Analytic

Yeah It might be gilmart.. But CITW will go up more than 15 within a year like BBH..

sureshot

sureshot
Vice President - Equity Analytics
Vice President - Equity Analytics

NBW wrote:Yeah It might be gilmart.. But CITW will go up more than 15 within a year like BBH..

i have seen many shares going up like a rocket @ 1000 KM/Hour and back with 1500 Km/Hour.

Very Happy

NBW


Stock Analytic
Stock Analytic

yeah me too. Very Happy It is nature of stocks. Its all about Buying and selling at right time. According to FS even though there is loss in last quarter, I feel there is huge possibility to go up at least 10. DP also invested there. He does not simply invest in craps.

nis2010


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

sureshot wrote:
NBW wrote:Yeah It might be gilmart.. But CITW will go up more than 15 within a year like BBH..

i have seen many shares going up like a rocket @ 1000 KM/Hour and back with 1500 Km/Hour
but there are winners who entered at 5.20. i'm a loser because my bid was   5.10 .

Steve Jansen


Senior Equity Analytic
Senior Equity Analytic

Why do you want to buy Citrus Waskaduwa rights at Rs. 10.. when you could buy from the market at Rs. 7.10  I don't understand. ?????

Daniel260476

Daniel260476
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Steve Jansen wrote:Why do you want to buy Citrus Waskaduwa rights at Rs. 10.. when you could buy from the market at Rs. 7.10  I don't understand. ?????
will this reach 10.00

kav4


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Gainer wrote:CITW Rights Issue 1 for 2 at 10.00 but trading 5.20  
http://www.cse.lk/cmt/upload_cse_announcements/2901435898307_.pdf lol!

lol!  see the date of the letter. It's 4 July 2015. But today is only 3 July 2015.

samaritan


Moderator
Moderator

kav4 wrote:
Gainer wrote:CITW Rights Issue 1 for 2 at 10.00 but trading 5.20  
http://www.cse.lk/cmt/upload_cse_announcements/2901435898307_.pdf :lol!:

:lol!:  see the date of the letter. It's 4 July 2015. But today is only 3 July 2015.

That could be an error. The minute is dated 03/07.

mdcpk1975


Manager - Equity Analytics
Manager - Equity Analytics

I smell something here...reef headed by dilith jayaweera is going to exit from citw in  the way of a rights issue....they will sell their stake  at 10 and also exit from rights too...who will be the buyer..i feel it is VONE headed by Mr. Dammika perera...open for your views pls

karuna


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

Gainer wrote:CITW Rights Issue 1 for 2 at 10.00 but trading 5.20  
http://www.cse.lk/cmt/upload_cse_announcements/2901435898307_.pdf lol!
I believe I never see like this right issue

Teller

Teller
Moderator
Moderator

@Karuna, yehh, this is a crazy right issue. Right subscribes price at 10 but trades at 7/-. So i suspect in 2 Things which we have to consider now. 1). it looks no retailer will subscribe the rights but some one want to grab this all rights as per seller demand., 2.) Its 100% clear that may be an ownership change to valible one which is the 2 nd largest share holder of CITW.

anges


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

please be aware ! stay safe dont burn your fingers

Teller

Teller
Moderator
Moderator

How ever in this scenario, CITW must reach above 8 rupees with in few days.

Back to top  Message [Page 1 of 1]

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