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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » RENUKA CAPITAL PLC (KZOO.N0000)

RENUKA CAPITAL PLC (KZOO.N0000)

+9
fortuneteller
man123
wisdom79
gfte
EquityChamp
ruwan326
saliya1000
Lucky Gamage
Eugine Fernando
13 posters

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Go down  Message [Page 1 of 3]

1RENUKA CAPITAL PLC (KZOO.N0000) Empty RENUKA CAPITAL PLC (KZOO.N0000) Fri Jun 09, 2017 10:02 am

Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
AT PRESENT THE MAIN SHARE TRADING @ 750/- LEVEL, SO THERE IS A DISCOUNT OF (750/- - 520/-)  230/- I THINK THERE WILL BE ONLY ABOUT 400,000 RIGHTS FOR TRADING,  MY PREDICTION RIGHT SHOULD TRADE OVER 100/-,,,, WHAT IS YOURS?

2RENUKA CAPITAL PLC (KZOO.N0000) Empty Re: RENUKA CAPITAL PLC (KZOO.N0000) Fri Jun 09, 2017 10:15 am

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Eugine Fernando wrote:AT PRESENT THE MAIN SHARE TRADING @ 750/- LEVEL, SO THERE IS A DISCOUNT OF (750/- - 520/-)  230/- I THINK THERE WILL BE ONLY ABOUT 400,000 RIGHTS FOR TRADING,  MY PREDICTION RIGHT SHOULD TRADE OVER 100/-,,,, WHAT IS YOURS?
450 000Rights remaining Very Happy
Sorry Lucky, Sad 469 440 remaining.... Did not say anything about price
https://servimg.com/view/17555555/27



Last edited by ruwan326 on Fri Jun 09, 2017 10:57 am; edited 1 time in total

3RENUKA CAPITAL PLC (KZOO.N0000) Empty Re: RENUKA CAPITAL PLC (KZOO.N0000) Fri Jun 09, 2017 10:41 am

Lucky Gamage

Lucky Gamage
Manager - Equity Analytics
Manager - Equity Analytics
My God, what a calculation,,, don't post your rubbish, Maximum price would be Rs. 10/- to 15/-, Don't forget they have given 60 shares for each 1 shares....  Sad Sad Sad Sad Sad Sad

4RENUKA CAPITAL PLC (KZOO.N0000) Empty Re: RENUKA CAPITAL PLC (KZOO.N0000) Fri Jun 09, 2017 10:45 am

saliya1000

saliya1000
Senior Equity Analytic
Senior Equity Analytic
FLCH up wenne ai

5RENUKA CAPITAL PLC (KZOO.N0000) Empty Re: RENUKA CAPITAL PLC (KZOO.N0000) Fri Jun 09, 2017 10:59 am

Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Lucky Gamage wrote:My God, what a calculation,,, don't post your rubbish, Maximum price would be Rs. 10/- to 15/-, Don't forget they have given 60 shares for each 1 shares....  Sad Sad Sad Sad Sad Sad
Don`t forget that the major share holders will not sell their Rights, they might collect more Rights., they already offered to buy all the shares @ 1,464/-
 even if you buy rights @ 100/= after subdivision your share cost will be  6/20, (100.00 + 520.00) those who are buying now @  750/- their cost will be 7/50 do your home work and talk.... Very Happy Very Happy Very Happy

6RENUKA CAPITAL PLC (KZOO.N0000) Empty Re: RENUKA CAPITAL PLC (KZOO.N0000) Fri Jun 09, 2017 11:14 am

Lucky Gamage

Lucky Gamage
Manager - Equity Analytics
Manager - Equity Analytics
If eugine correct, i allowed to 6000 right shares, so i can sell those for RS. 600,000/- (6000*100),, which is more than 4 times of my investment and my investment also can be sold minimum of 750/- share.... what a profit eugine...... He he he he .. what a thinking of this guy..... Shocked Shocked Shocked Shocked Shocked  if it is the case,, Kzoo is better that ths SAMP and JKH,,,,,

7RENUKA CAPITAL PLC (KZOO.N0000) Empty Re: RENUKA CAPITAL PLC (KZOO.N0000) Fri Jun 09, 2017 11:26 am

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Lucky Gamage wrote:If eugine correct, i allowed to 6000 right shares, so i can sell those for RS. 600,000/- (6000*100),, which is more than 4 times of my investment and my investment also can be sold minimum of 750/- share.... what a profit eugine...... He he he he .. what a thinking of this guy..... Shocked Shocked Shocked Shocked Shocked  if it is the case,, Kzoo is better that ths SAMP and JKH,,,,,
Very Happy Very Happy Very Happy
RENUKA CAPITAL PLC (KZOO.N0000) ZAA==

8RENUKA CAPITAL PLC (KZOO.N0000) Empty Re: RENUKA CAPITAL PLC (KZOO.N0000) Fri Jun 09, 2017 11:29 am

saliya1000

saliya1000
Senior Equity Analytic
Senior Equity Analytic
COCR Trading Halt karla....dvindant 1 anounce kara....ke teruma kiyanawada kawru hari
AGM Date-
XD Date

9RENUKA CAPITAL PLC (KZOO.N0000) Empty Re: RENUKA CAPITAL PLC (KZOO.N0000) Fri Jun 09, 2017 11:45 am

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@saliya1000 wrote:COCR Trading Halt karla....dvindant 1 anounce kara....ke teruma kiyanawada kawru hari
AGM Date-
XD Date
කොල්ලාට සෑහෙන්න ඉගෙනගන්න තියෙනවා Very Happy , මේ ලින්ක් එකෙන් ගිහින් ඉගෙනගන්න. 
http://www.investopedia.com/terms/x/xd.asp

10RENUKA CAPITAL PLC (KZOO.N0000) Empty Re: RENUKA CAPITAL PLC (KZOO.N0000) Fri Jun 09, 2017 11:47 am

EquityChamp

EquityChamp
Moderator
Moderator
You need to calculate the price logically. Otherwise it could lead to unethical promotions. Let me look at the things first.

11RENUKA CAPITAL PLC (KZOO.N0000) Empty Re: RENUKA CAPITAL PLC (KZOO.N0000) Fri Jun 09, 2017 12:41 pm

EquityChamp

EquityChamp
Moderator
Moderator
Before XR date KZOO trading at 1,280
Rights 60 for 1 @ 520/- each

Theoretical ex rights price should be (520*60+1280)/61 = 532/-

Current price is 740/- which means 39% premium to the ex rights price.

The question is will this premium justifiable for the investment. If the current price is fair then the market value for rights should be (740-520) 220/-.

How many rights will come into the market? Will all the shareholders ready to pay 520/- for this stock? What if the main shareholder decides to sell part of their entitlement in the market.?

Renuka holding has bought their stake for a price of 1,428/-. After the rights and if assume they subscribe for all of the rights entitlement then their cost would be 535/- so if they decided to sell their rights now then they can dispose them at a hefty gain. If they sell their rights (2,059,500) @ say 100 each then they can realize 206Mn. Their original cost was 50Mn. You can understand now the likely scenario of the rights in the market.

If we calculate the NAV, prior to rights the NAV was 191 and with the rights then it will be 515/-. So the fair value itself is 225/- less than the current market price. So in the final analysis the market price of a right should be as low as Rs5/- because the person who are buying this has to pay 520 as well.

And after sub division the fair value of a share can be in the range of 5-6.Therefore I can see when the rights start trading the share price is set to crash in big time and so don't get caught to unethical promotions.

12RENUKA CAPITAL PLC (KZOO.N0000) Empty Re: RENUKA CAPITAL PLC (KZOO.N0000) Fri Jun 09, 2017 12:49 pm

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@EquityChamp wrote:Before XR date KZOO trading at 1,280
Rights 60 for 1 @ 520/- each

Theoretical ex rights price should be (520*60+1280)/61 = 532/-

Current price is 740/- which means 39% premium to the ex rights price.

The question is will this premium justifiable for the investment. If the current price is fair then the market value for rights should be (740-520) 220/-.

How many rights will come into the market? Will all the shareholders ready to pay 520/- for this stock? What if the main shareholder decides to sell part of their entitlement in the market.?

Renuka holding has bought their stake for a price of 1,428/-. After the rights and if assume they subscribe for all of the rights entitlement then their cost would be 535/- so if they decided to sell their rights now then they can dispose them at a hefty gain. If they sell their rights (2,059,500) @ say 100 each then they can realize 206Mn. Their original cost was 50Mn. You can understand now the likely scenario of the rights in the market.

If we calculate the NAV, prior to rights the NAV was 191 and with the rights then it will be 515/-. So the fair value itself is 225/- less than the current market price. So in the final analysis the market price of a right should be as low as Rs5/- because the person who are buying this has to pay 520 as well.

And after sub division the fair value of a share can be in the range of 5-6.Therefore I can see when the rights start trading the share price is set to crash in big time and so don't get caught to unethical promotions.
Thank you so much EC for  analyzing KZOO Rights trading price will be Very Happy Very Happy
If you planing to enter now it is not a good idea.
you can wait till 8th July after subdivision and new company name as Renuka capital PLC Smile

13RENUKA CAPITAL PLC (KZOO.N0000) Empty Re: RENUKA CAPITAL PLC (KZOO.N0000) Fri Jun 09, 2017 7:11 pm

gfte

gfte
Senior Equity Analytic
Senior Equity Analytic
Very realistic analysis by EC, Thanks for your good work.
I feel something else, just look at the list below,
Date OpenHigh LowClosedQty
Friday, June 02, 2017600798600769.92,495
Monday, June 05, 20178001,000.00800915.2941
Tuesday, June 06, 20179601,000.00684.5794.91,501
Wednesday, June 07, 2017797820749.9775569
Friday, June 09, 2017755784.9727750579
Total up to June 09th 20176,085
The above 6000 share has a value above 600/- without the rights availability
so even if the retailers by the rights at 30/- the post right share price will be, 520+30=550/- still it is Rs 50/- below from the post XR open price of Rs 600/- 
I strongly feel the price range of 550 to 600 before subdivision is a fair value.
so, take care of your rights, and try to make some profit from right trading.
but anything can happen as this is CSE (WAPO case: rights went to 900+ for a 20/- right price)
DIS: holding kzoo 
THIS IS NOT A RECOMENTATION OR TRADE ADVICE

14RENUKA CAPITAL PLC (KZOO.N0000) Empty MORE ABOUT RIGHTS Fri Jun 09, 2017 7:38 pm

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
IF you are new to Rights you can learn more Very Happy Very Happy Very Happy 

http://forum.srilankaequity.com/t1572-rights-issue-for-new-investors

http://www.investopedia.com/articles/stocks/05/062905.asp

15RENUKA CAPITAL PLC (KZOO.N0000) Empty Re: RENUKA CAPITAL PLC (KZOO.N0000) Fri Jun 09, 2017 8:12 pm

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@gfte wrote:
Very realistic analysis by EC, Thanks for your good work.
I feel something else, just look at the list below,
Date OpenHigh LowClosedQty
Friday, June 02, 2017600798600769.92,495
Monday, June 05, 20178001,000.00800915.2941
Tuesday, June 06, 20179601,000.00684.5794.91,501
Wednesday, June 07, 2017797820749.9775569
Friday, June 09, 2017755784.9727750579
Total up to June 09th 20176,085
The above 6000 share has a value above 600/- without the rights availability
so even if the retailers by the rights at 30/- the post right share price will be, 520+30=550/- still it is Rs 50/- below from the post XR open price of Rs 600/- 
I strongly feel the price range of 550 to 600 before subdivision is a fair value.
so, take care of your rights, and try to make some profit from right trading.
but anything can happen as this is CSE (WAPO case: rights went to 900+ for a 20/- right price)
DIS: holding kzoo 
THIS IS NOT A RECOMENTATION OR TRADE ADVICE
WAPO CASE Very Happy Very Happy Very Happy Very Happy Very Happy

I think 23.80 might be the rights starting and might reach 30/=  Smile

As you said anything is possible in CSE Rolling Eyes

RENUKA CAPITAL PLC (KZOO.N0000) 2QA=

16RENUKA CAPITAL PLC (KZOO.N0000) Empty Re: RENUKA CAPITAL PLC (KZOO.N0000) Sat Jun 10, 2017 12:01 pm

Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Lucky Gamage wrote:If eugine correct, i allowed to 6000 right shares, so i can sell those for RS. 600,000/- (6000*100),, which is more than 4 times of my investment and my investment also can be sold minimum of 750/- share.... what a profit eugine...... He he he he .. what a thinking of this guy..... Shocked Shocked Shocked Shocked Shocked  if it is the case,, Kzoo is better that ths SAMP and JKH,,,,,
Dear L.G there were times in the same stock market people have earned not 4 times, more than ten times.

example -  WAPO, BUKI DARAH, (THIS SARE WENT UP TO 36,000/= FROM 4,000/=)  ETC, ETC................SO DON`T UNDER ESTIMATE  ANY GUYS, OK Razz Razz Razz

17RENUKA CAPITAL PLC (KZOO.N0000) Empty Re: RENUKA CAPITAL PLC (KZOO.N0000) Sat Jun 10, 2017 12:38 pm

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Eugine Fernando wrote:
@Lucky Gamage wrote:If eugine correct, i allowed to 6000 right shares, so i can sell those for RS. 600,000/- (6000*100),, which is more than 4 times of my investment and my investment also can be sold minimum of 750/- share.... what a profit eugine...... He he he he .. what a thinking of this guy..... Shocked Shocked Shocked Shocked Shocked  if it is the case,, Kzoo is better that ths SAMP and JKH,,,,,
Dear L.G there were times in the same stock market people have earned not 4 times, more than ten times.

example -  WAPO, BUKI DARAH, (THIS SARE WENT UP TO 36,000/= FROM 4,000/=)  ETC, ETC................SO DON`T UNDER ESTIMATE  ANY GUYS, OK Razz Razz Razz
Calm down Eugine Very Happy Very Happy Very Happy
May be some of the people believe and take advice from this man still lol!

RENUKA CAPITAL PLC (KZOO.N0000) ZAA==

18RENUKA CAPITAL PLC (KZOO.N0000) Empty Re: RENUKA CAPITAL PLC (KZOO.N0000) Sun Jun 11, 2017 8:42 pm

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics
Unless KZOO Right trades above 150, within a moment KZoo N is Pushed upto 1000.....!!! Then loll>>>>>>>>!

Buy at the correct time and selling is better than buying!!!!!!!!!

KZOOOOOOOOOOOOOOO......................! Ready to buy some more and sell above 200....!!!!!!!!!

19RENUKA CAPITAL PLC (KZOO.N0000) Empty Re: RENUKA CAPITAL PLC (KZOO.N0000) Mon Jun 12, 2017 9:22 am

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@wisdom79 wrote:Unless KZOO Right trades above 150, within a moment KZoo N is Pushed upto 1000.....!!! Then loll>>>>>>>>!

Buy at the correct time and selling is better than buying!!!!!!!!!

KZOOOOOOOOOOOOOOO......................! Ready to buy some more and sell above 200....!!!!!!!!!
Did you ask the price from Sumanadasa uncle????? Very Happy Very Happy Very Happy
Any thing is possible in CSE Question
But 200/= is little bit Exclamation Exclamation Exclamation Exclamation Exclamation

RENUKA CAPITAL PLC (KZOO.N0000) ZAA==

20RENUKA CAPITAL PLC (KZOO.N0000) Empty NO MORE KAZOO Mon Jun 12, 2017 9:42 am

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Kalamazoo under Renuka banner seeks Rs. 1.56 bn, cash infusion
Record 60 for one rights issue at Rs. 520 a share

The Renuka Holdings Group which in July last year acquired Kalamazoo Systems PLC, a quoted company with an issued capital of just Rs. 500,000, is seeking a Rs. 1.56 billion cash infusion into Kalamazoo by way of a rights issue of 60 ordinary shares of the company for every one share held at a price of Rs. 520 per share.


Analysts said that Renuka bought 69.97% control of Kalamazoo, since increased to 70.388% following a mandatory offer to other shareholders of that company, to have a listed company under its belt for further investment.


Kalamazoo was founded by and was a member of the Ceylon Printers Group. Mr. Nimal Perera, once Mr. Dhammika Perera’s investment advisor but no longer an intimate confidante, took control of the company buying approx. 70% at Rs. 1,067.70 a share ostensibly to have a quoted company under his control.


He thereafter took a tidy capital gain selling his 70% to the Renuka Group at Rs. 1,428 a share. Now Renuka is seeking to infuse over Rs. 1.5 billion to the company through the rights issue. Whether the approx. 30% minority will subscribe and whether Renuka will mop up unsubscribed rights is an open question.


The share closed on the CSE on Friday at Rs. 746.70, down Rs. 533.50 from the previous close on a small quantity of 2,495 shares traded. A June 1 EGM of the company approved the rights issued and also adopted a resolution to change the company’s name to Renuka Capital PLC.


The circular to shareholders of Kalamazoo leaves the possibility of under-subscription open.


In a circular to shareholders, the Kalamazoo board headed by Mr. S.V. Rajiyah of Renuka said that the initial objective of the rights issue was to make an equity investment in Renuka Developments Ltd (RDL) to acquire a controlling stake of that company.


RDL planned three property development projects: one an office development focusing on tenants providing IT and outsourced services on 184 perches of Colombo-9 land; a mixed development project on 86 perches of Colombo-3 land; and a hotel project on which RDL was in discussion with an international hotel operator for which it would provide its land.


However feasibilities indicated an internal rate of return of 11.5% for the office project and 14.72% for the mixed development. No feasibility study had been carried out on the hotel project which was at a discussion stage.


"Upon deliberation and consideration of the previous objectives and given the long lead times of these projects, the board believes that the revised objectives of becoming an investment company would provide better risk adjusted returns for its shareholders," a circular to Kalamazoo shareholders said.


"Given current market conditions, the board is on the view that debt instruments could yield returns in the range of 12-14% while equity investments could yield returns of 20-25%"


The revised objectives of the company are to invest and trade in equity (including private equity and listed shares), fixed income instruments/debt (including listed debentures, structured debt, unit trusts etc.) and other alternative asset classes and thereby create above average returns for shareholders.


The company plans to appoint an investment committee of two board members, two of its senior managers and two outsiders with finance, investment or legal backgrounds to appraise and make decisions.


Kalamazoo will invest 35% of the funds raised by the rights issue within 90 days of its completion in listed equity. It hopes to within 12 months (subject to market conditions) build a portfolio targeted to comprise 50-75% private and listed equities, 10 – 25% fixed income instruments and 10 – 25% in alternative asset classes subject to availability and appropriateness.


The Net Asset Value (NAV) of Kalamazoo as at Mar. 31, 2016 was Rs. 10.2 million. If the rights issue is fully subscribed a maximum of Rs. 1.56 billion will be generated, boosting the company’s NAV nearly 153 times.T

Thanks PAT for the details:D Very Happy Very Happy

21RENUKA CAPITAL PLC (KZOO.N0000) Empty 185/= Tue Jun 13, 2017 9:13 am

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@ruwan326 wrote:Kalamazoo under Renuka banner seeks Rs. 1.56 bn, cash infusion
Record 60 for one rights issue at Rs. 520 a share

The Renuka Holdings Group which in July last year acquired Kalamazoo Systems PLC, a quoted company with an issued capital of just Rs. 500,000, is seeking a Rs. 1.56 billion cash infusion into Kalamazoo by way of a rights issue of 60 ordinary shares of the company for every one share held at a price of Rs. 520 per share.


Analysts said that Renuka bought 69.97% control of Kalamazoo, since increased to 70.388% following a mandatory offer to other shareholders of that company, to have a listed company under its belt for further investment.


Kalamazoo was founded by and was a member of the Ceylon Printers Group. Mr. Nimal Perera, once Mr. Dhammika Perera’s investment advisor but no longer an intimate confidante, took control of the company buying approx. 70% at Rs. 1,067.70 a share ostensibly to have a quoted company under his control.


He thereafter took a tidy capital gain selling his 70% to the Renuka Group at Rs. 1,428 a share. Now Renuka is seeking to infuse over Rs. 1.5 billion to the company through the rights issue. Whether the approx. 30% minority will subscribe and whether Renuka will mop up unsubscribed rights is an open question.


The share closed on the CSE on Friday at Rs. 746.70, down Rs. 533.50 from the previous close on a small quantity of 2,495 shares traded. A June 1 EGM of the company approved the rights issued and also adopted a resolution to change the company’s name to Renuka Capital PLC.


The circular to shareholders of Kalamazoo leaves the possibility of under-subscription open.


In a circular to shareholders, the Kalamazoo board headed by Mr. S.V. Rajiyah of Renuka said that the initial objective of the rights issue was to make an equity investment in Renuka Developments Ltd (RDL) to acquire a controlling stake of that company.


RDL planned three property development projects: one an office development focusing on tenants providing IT and outsourced services on 184 perches of Colombo-9 land; a mixed development project on 86 perches of Colombo-3 land; and a hotel project on which RDL was in discussion with an international hotel operator for which it would provide its land.


However feasibilities indicated an internal rate of return of 11.5% for the office project and 14.72% for the mixed development. No feasibility study had been carried out on the hotel project which was at a discussion stage.


"Upon deliberation and consideration of the previous objectives and given the long lead times of these projects, the board believes that the revised objectives of becoming an investment company would provide better risk adjusted returns for its shareholders," a circular to Kalamazoo shareholders said.


"Given current market conditions, the board is on the view that debt instruments could yield returns in the range of 12-14% while equity investments could yield returns of 20-25%"


The revised objectives of the company are to invest and trade in equity (including private equity and listed shares), fixed income instruments/debt (including listed debentures, structured debt, unit trusts etc.) and other alternative asset classes and thereby create above average returns for shareholders.


The company plans to appoint an investment committee of two board members, two of its senior managers and two outsiders with finance, investment or legal backgrounds to appraise and make decisions.


Kalamazoo will invest 35% of the funds raised by the rights issue within 90 days of its completion in listed equity. It hopes to within 12 months (subject to market conditions) build a portfolio targeted to comprise 50-75% private and listed equities, 10 – 25% fixed income instruments and 10 – 25% in alternative asset classes subject to availability and appropriateness.


The Net Asset Value (NAV) of Kalamazoo as at Mar. 31, 2016 was Rs. 10.2 million. If the rights issue is fully subscribed a maximum of Rs. 1.56 billion will be generated, boosting the company’s NAV nearly 153 times.T

Thanks PAT for the details:D Very Happy Very Happy
Wow............... Very Happy Very Happy Very Happy Very Happy

185/= it is

22RENUKA CAPITAL PLC (KZOO.N0000) Empty Re: RENUKA CAPITAL PLC (KZOO.N0000) Tue Jun 13, 2017 7:49 pm

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics
Said bought enjoyed, hm, wonderful.......!

Buy at the correct time and selling is the most useful thing....!

23RENUKA CAPITAL PLC (KZOO.N0000) Empty Re: RENUKA CAPITAL PLC (KZOO.N0000) Thu Jun 15, 2017 12:20 pm

man123


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
KZOO.R trading opportunity come again . we can trade util 20/06/17 so buy under 30/=

24RENUKA CAPITAL PLC (KZOO.N0000) Empty DO NOT BUY RIGHTS NOW Thu Jun 15, 2017 3:22 pm

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@man123 wrote:KZOO.R trading opportunity come again . we can trade util 20/06/17 so buy under 30/=

By 13th major share holders will crash it to 10/= 0r 8/= so they can collect it all.
If you already got Rights sell it with a minimum lost lol! lol!

25RENUKA CAPITAL PLC (KZOO.N0000) Empty Re: RENUKA CAPITAL PLC (KZOO.N0000) Thu Jun 15, 2017 4:16 pm

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@ruwan326 wrote:
@man123 wrote:KZOO.R trading opportunity come again . we can trade util 20/06/17 so buy under 30/=

By 13th major share holders will crash it to 10/= 0r 8/= so they can collect it all.
If you already got Rights sell it with a minimum lost lol! lol!
Why the bids over 4 000 000 lol! lol! lol!
RENUKA CAPITAL PLC (KZOO.N0000) IvNAAAAABJRU5ErkJgggA=

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