CITW Rights Issue 1 for 2 at 10.00 but trading 5.20

Gainer · 1 CITW Rights Issue 1 for 2 at 10.00 but trading 5.20 Fri Jul 03, 2015 11:10 am

Gainer

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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

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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

now trading 6+ after right issue announcement CITW . what is the reason

sureshot

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another gilmart from DJ

NBW

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

sureshot

sureshot

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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

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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

nis2010

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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

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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

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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

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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

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

samaritan

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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

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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

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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

I believe I never see like this right issue

Teller

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@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

anges

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please be aware ! stay safe dont burn your fingers

Teller

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

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CITW Rights Issue 1 for 2 at 10.00 but trading 5.20

1 CITW Rights Issue 1 for 2 at 10.00 but trading 5.20 Fri Jul 03, 2015 11:10 am

Gainer

2 Re: CITW Rights Issue 1 for 2 at 10.00 but trading 5.20 Fri Jul 03, 2015 11:18 am

nis2010

3 Re: CITW Rights Issue 1 for 2 at 10.00 but trading 5.20 Fri Jul 03, 2015 11:31 am

sureshot

4 Re: CITW Rights Issue 1 for 2 at 10.00 but trading 5.20 Fri Jul 03, 2015 12:04 pm

NBW

5 Re: CITW Rights Issue 1 for 2 at 10.00 but trading 5.20 Fri Jul 03, 2015 12:09 pm

sureshot

6 Re: CITW Rights Issue 1 for 2 at 10.00 but trading 5.20 Fri Jul 03, 2015 12:36 pm

NBW

7 Re: CITW Rights Issue 1 for 2 at 10.00 but trading 5.20 Fri Jul 03, 2015 12:55 pm

nis2010

8 Re: CITW Rights Issue 1 for 2 at 10.00 but trading 5.20 Fri Jul 03, 2015 1:07 pm

Steve Jansen

9 Re: CITW Rights Issue 1 for 2 at 10.00 but trading 5.20 Fri Jul 03, 2015 1:43 pm

Daniel260476

10 Re: CITW Rights Issue 1 for 2 at 10.00 but trading 5.20 Fri Jul 03, 2015 4:26 pm

kav4

11 Re: CITW Rights Issue 1 for 2 at 10.00 but trading 5.20 Fri Jul 03, 2015 4:51 pm

samaritan

12 Re: CITW Rights Issue 1 for 2 at 10.00 but trading 5.20 Fri Jul 03, 2015 6:15 pm

mdcpk1975

13 someone can given a example for like this right issue Fri Jul 03, 2015 8:25 pm

karuna

14 Re: CITW Rights Issue 1 for 2 at 10.00 but trading 5.20 Tue Jul 07, 2015 1:47 am

Teller

15 Re: CITW Rights Issue 1 for 2 at 10.00 but trading 5.20 Tue Jul 07, 2015 1:52 am

anges

16 Re: CITW Rights Issue 1 for 2 at 10.00 but trading 5.20 Tue Jul 07, 2015 2:14 am

Teller