Free Lanka

Akalanka · 1 Free Lanka Tue Jun 14, 2011 10:20 am

Akalanka

Manager - Equity Analytics

Posts : 205
Equity Stars : 6133
Reputation : 45
Join date : 2011-04-03
Location : Colmbo

Free lanka is selling at 4.60 , even below the privet placement price, did the directors knew that this will happen and so the exit at 5.00,4.90,4.70.... this may be a collecting time. ... lets see Very Happy

laksharemk · 2 Re: Free Lanka Tue Jun 14, 2011 10:23 am

laksharemk

Senior Equity Analytic

Posts : 91
Equity Stars : 4901
Reputation : 5
Join date : 2011-04-18

FLCH, Seems one of the best buys @ 4.60.

Pls note that not a buy or sell recommendation.

Last edited by laksharemk on Tue Jun 14, 2011 10:57 am; edited 1 time in total

ashlee · 3 Re: Free Lanka Tue Jun 14, 2011 10:29 am

ashlee

Manager - Equity Analytics

Posts : 195
Equity Stars : 5105
Reputation : 14
Join date : 2011-01-31

Yehh maybe the directors wanted to dump their shares at 5 and collect some more when it hit 4.60.. This might go down even more.. Who knows.. But I am collecting FLCH with all the money I have..Letz hope for only the best..

amibroker · 4 Re: Free Lanka Tue Jun 14, 2011 10:59 am

amibroker

Manager - Equity Analytics

Posts : 103
Equity Stars : 4935
Reputation : 7
Join date : 2011-04-30

ashlee wrote:Yehh maybe the directors wanted to dump their shares at 5 and collect some more when it hit 4.60.. This might go down even more.. Who knows.. But I am collecting FLCH with all the money I have..Letz hope for only the best..

Anybody have an idea about FLACH's exposure to plantations ? Like revenue % or profit %.. Please share

Last edited by amibroker on Tue Jun 14, 2011 11:17 am; edited 1 time in total

Akalanka · 5 Re: Free Lanka Tue Jun 14, 2011 11:13 am

Akalanka

Manager - Equity Analytics

Posts : 205
Equity Stars : 6133
Reputation : 45
Join date : 2011-04-03
Location : Colmbo

ashlee wrote:Yehh maybe the directors wanted to dump their shares at 5 and collect some more when it hit 4.60.. This might go down even more.. Who knows.. But I am collecting FLCH with all the money I have..Letz hope for only the best..

yep this can happen , but the thing is if the directors are collecting under 4.70 who are the sellers . . . can it be retailers . i dont think so becz retailers are so willing to have some free in their pockets at the PP price.. aint it?

So there may be a big guy exiting and the directors would have known this so they took the first step in exit. .
At this moment it is getting highly collected, if it get collected mainly by lot of retailers they will hold it for long time and they will not just dump at a small profit. they ll look for higher percentages . but if it get collected by hugely by a big buyer dumping even at a small profit percentage will give a comparatively high profit.
but at the current market condition it will be worth holding a share at the cost of PP...dont u think so ?

Chinwi · 6 Re: Free Lanka Tue Jun 14, 2011 11:21 am

Chinwi

Associate Director - Equity Analytics

Posts : 3097
Equity Stars : 8972
Reputation : 418
Join date : 2010-06-08
Location : Asia

amibroker wrote:

ashlee wrote:Yehh maybe the directors wanted to dump their shares at 5 and collect some more when it hit 4.60.. This might go down even more.. Who knows.. But I am collecting FLCH with all the money I have..Letz hope for only the best..

Anybody have an idea about FLACH's exposure to plantations ? Like revenue % or profit %.. Please share

Try this.

http://freelankacapital.com/our-profile.php

@ ashlee , same here. i got many @ 4.60.

themask · 7 Re: Free Lanka Tue Jun 14, 2011 12:18 pm

themask

Manager - Equity Analytics

Posts : 115
Equity Stars : 4977
Reputation : 4
Join date : 2011-02-07

@ Chinwi,
All I see is that animation with the six pictures.. maybe u need Internet Explorer to view that page is it?
Anyway theres this tab called Carbon Credits, I guess this is one of the few companies in Sri lanka who get carbon credits if they have finalized the deal and it means additional income while protecting the environment.
Me too have faith in this company in the long term and current price levels are very attractive. But who knows this might go down even further.

Chinwi · 8 Re: Free Lanka Tue Jun 14, 2011 12:22 pm

Chinwi

Associate Director - Equity Analytics

Posts : 3097
Equity Stars : 8972
Reputation : 418
Join date : 2010-06-08
Location : Asia

themask wrote:@ Chinwi,
All I see is that animation with the six pictures.. maybe u need Internet Explorer to view that page is it?
Anyway theres this tab called Carbon Credits, I guess this is one of the few companies in Sri lanka who get carbon credits if they have finalized the deal and it means additional income while protecting the environment.
Me too have faith in this company in the long term and current price levels are very attractive. But who knows this might go down even further.

Browse down and you will see the text and other links. Im using firefox.

themask · 9 Re: Free Lanka Tue Jun 14, 2011 12:33 pm

themask

Manager - Equity Analytics

Posts : 115
Equity Stars : 4977
Reputation : 4
Join date : 2011-02-07

Oh boy! How did I forget to scroll down! Very Happy

Anyway they are already selling Carbon credits and its a big + for me.
Thanks for the info Chinwi.

Chinwi · 10 Re: Free Lanka Tue Jun 14, 2011 12:51 pm

Chinwi

Associate Director - Equity Analytics

Posts : 3097
Equity Stars : 8972
Reputation : 418
Join date : 2010-06-08
Location : Asia

themask wrote:Oh boy! How did I forget to scroll down!
Anyway they are already selling Carbon credits and its a big + for me.
Thanks for the info Chinwi.

It happens in busy times.

BTW, the share is staying @ 4.60 - 4.70 level.
Its asset value NAVPS is also 4.60 as at last report.