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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » WHAT HAPPENED TO Rs185/= KAZOO RIGHTS

WHAT HAPPENED TO Rs185/= KAZOO RIGHTS

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1WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Empty WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Tue Jun 13, 2017 10:11 am

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
3 000 000 Rights in the market
6 739 000 buyers
Yet 34 000 willing to sell under Rs20/=

Sri lankans ...Great nation.............. Very Happy Very Happy Very Happy

2WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Empty Re: WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Tue Jun 13, 2017 10:27 am

hanuma


Manager - Equity Analytics
Manager - Equity Analytics
I also cant understand why people sell like this cheep price.

3WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Empty Re: WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Tue Jun 13, 2017 10:43 am

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@hanuma wrote:I also cant understand why people sell like this cheep price.
Simple Very Happy Very Happy Very Happy

If you bought KZOO normal share by XR day for 1200/= you will get 60 Rights

Now if you sell 60 Rights @ 30 total gain would be 1800/=(rights)+ 700/=(Normal share) equals 2500/=

So [2500/= ]- [1200/= ]you get 1300/=Profit Laughing Laughing Laughing

That's how they calculate...
If you are wise you can hold till the end my fried santa santa santa santa
I can give a early x max gift to my wife next week rendeer rendeer rendeer rendeer



Last edited by ruwan326 on Tue Jun 13, 2017 10:57 am; edited 1 time in total

4WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Empty Re: WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Tue Jun 13, 2017 10:44 am

gfte

gfte
Senior Equity Analytic
Senior Equity Analytic
no price band, enjoy

5WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Empty Re: WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Tue Jun 13, 2017 10:48 am

Ran49


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Today this will touch RS100.00

6WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Empty Re: WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Tue Jun 13, 2017 11:19 am

gfte

gfte
Senior Equity Analytic
Senior Equity Analytic
i feel the wapo scenario here as well, so be patient until Friday.
since there are some more rights to hit to the market (late lodgers) tomorrow as well.
good luck

7WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Empty Re: WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Tue Jun 13, 2017 11:28 am

Ran49


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Hitting RS50.00

8WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Empty Re: WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Tue Jun 13, 2017 11:51 am

niru


Manager - Equity Analytics
Manager - Equity Analytics
@gfte wrote:i feel the wapo scenario here as well, so be patient until Friday.
since there are some more rights to hit to the market (late lodgers) tomorrow as well.
good luck


More people deposit the price will drop as whoever buy KZOO right has to pay 520/- per right to convert.

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Loss Per Share : 31.03.17 - (168Rs)
Net Asset per Share reduced from 369 to 191.

Rights were issued and to be subscribed 60 to 1 @520per share (Rights trading @46 as I write)

50.000 original shares + 3Mil shares from Rights Issue to be subdivided 1 in to 100.

those who buy Rights will be paying a premium +520 in order to avail the rights.

meaning say you pay 45Rs then need to pay 520 additional.

can we do a valuation on a company that's thus far made losses... what action taken by the new management to educate the general shareholder on this. do they have free cash flow valuation on the expected return....... I don't see anything towards that rather a newspaper statement as to how they are going to invest the money generated from the rights issue.

what would be the dividend policy !

will they raise more funds from additional rights issues to complete their proposed hotel investments for which they are seeking a foreign party in case they fail.

many questions must be asked or answered ......

I think we should educate the pros and cons..... is it worth buying RIGHTS or to wait post rights and couple of quarters into KZOO and see its net earnings.

looking forward to a healthy discussion.....

in my opinion : yes RENU is a known group, but before I invest money with them... they must prove me its worth to pay 520rs per rights/52rs and split into 100 would derive 5.20

haven't we come across shares that come to 5.20 could trade further down and as low as 1Rs.....

therefore I would recommend a wait and watch approach, incase you are looking to go the distance with KZOO(tHANKS sHARK Very Happy Very Happy Very Happy )

10WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Empty Re: WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Tue Jun 13, 2017 12:33 pm

Ran49


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Again warming warming.....

11WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Empty Re: WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Tue Jun 13, 2017 12:55 pm

Ran49


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Heating again.....

12WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Empty Re: WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Tue Jun 13, 2017 1:01 pm

Ran49


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
What will be the tomorrow starting price.......

13WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Empty Re: WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Tue Jun 13, 2017 1:11 pm

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Current equity value of the company is just Rs. 9.5 Mn. The new capital infusion is going to be Rs. 1, 560 mn. This brings totally a different picture.

When considering (a) the cash per share of the company after the rights issue and (b) the business the company is going to enter with the raised fund, the current rights price is very attractive.

Would say the current rights price gives an opportunity to buy shares at a price that will be more or less equal to the N/A value of the company, post RI.

Now we need to see the PBV ratio of companies that are into the business KZOO is going to enter - trading/holding investment instruments(Thanks Value Very Happy Very Happy )

14WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Empty Re: WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Tue Jun 13, 2017 3:15 pm

gfte

gfte
Senior Equity Analytic
Senior Equity Analytic
Small summary of the day

Initial stage trading from 11/- up to 54/-
11 to 20 = 40519 shares
20 to 40 = 53740 shares  ( 11 to 40 total = 94259)   
40 to 54 = 14096 shares 


after that there were 264, 690 shares traded above 40/-  
(possible of 75000 share were re traded from 94259 share collected below 30/- ) so that at least over 180,000 shares were collected above 40/- today.

The total rights in the market (apart from top 20 SH) is around 480000
some rights holder may not sell until the correct moment. 
(say around 120000 rights ) 
if my guess is correct 300000 rights will not for sale until the expected price)

 if the right price move around 80/- or above by tomorrow with above 200000 qty then ,  Question Rolling Eyes Rolling Eyes for next 3 market days.

The latter part is my wild guess only.

15WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Empty Re: WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Tue Jun 13, 2017 6:55 pm

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@gfte wrote:Small summary of the day

Initial stage trading from 11/- up to 54/-
11 to 20 = 40519 shares
20 to 40 = 53740 shares  ( 11 to 40 total = 94259)   
40 to 54 = 14096 shares 


after that there were 264, 690 shares traded above 40/-  
(possible of 75000 share were re traded from 94259 share collected below 30/- ) so that at least over 180,000 shares were collected above 40/- today.

The total rights in the market (apart from top 20 SH) is around 480000
some rights holder may not sell until the correct moment. 
(say around 120000 rights ) 
if my guess is correct 300000 rights will not for sale until the expected price)

 if the right price move around 80/- or above by tomorrow with above 200000 qty then ,  Question Rolling Eyes Rolling Eyes for next 3 market days.

The latter part is my wild guess only.
Why you target Friday? Till 20th it can run????

16WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Empty Re: WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Tue Jun 13, 2017 7:48 pm

gfte

gfte
Senior Equity Analytic
Senior Equity Analytic
@ ruwan, Yes it can go until 20th June,
As you point out in other forum ( Ruwan999 must be you - sorry if not),
there are considerable amount of rights still to be listed in the market by tomorrow, (since, one of my friend from Ampara district told me that his rights were not listed today).
 so I guess, due to the postal problem, the right papers away from Colombo may not listed today, and it may listed on tomorrow, and day after tomorrow).

In that scenario, we must watch carefully the rights price and the volume on tomorrow to get a clear picture.

That's why I bounded my self until Friday. if all is well, then no problem, I am also happy to trade until 2.30pm on 20th June.
  Good luck

17WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Empty Re: WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Tue Jun 13, 2017 8:08 pm

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@gfte wrote:@ ruwan, Yes it can go until 20th June,
As you point out in other forum ( Ruwan999 must be you - sorry if not),
there are considerable amount of rights still to be listed in the market by tomorrow, (since, one of my friend from Ampara district told me that his rights were not listed today).
 so I guess, due to the postal problem, the right papers away from Colombo may not listed today, and it may listed on tomorrow, and day after tomorrow).

In that scenario, we must watch carefully the rights price and the volume on tomorrow to get a clear picture.

That's why I bounded my self until Friday. if all is well, then no problem, I am also happy to trade until 2.30pm on 20th June.
  Good luck
Can not talk about Ruwan 999 here Embarassed , got warning from NC+ not to share information anywhere and will not. Very Happy

well, It is not a good idea to go till 2:30pm on 20th Mad Mad Mad
1.Power cut
2.problems in the connection
3.system failures

Price band will be there for tomorrow ???
And my rights paper still didn't came and will collect it tomorrow from SSP systems office Very Happy

Hope to have early x-max gifts for wife
santa rendeer rendeer rendeer rendeer santa

18WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Empty Re: WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Wed Jun 14, 2017 9:53 am

Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@ruwan326 wrote:
@gfte wrote:@ ruwan, Yes it can go until 20th June,
As you point out in other forum ( Ruwan999 must be you - sorry if not),
there are considerable amount of rights still to be listed in the market by tomorrow, (since, one of my friend from Ampara district told me that his rights were not listed today).
 so I guess, due to the postal problem, the right papers away from Colombo may not listed today, and it may listed on tomorrow, and day after tomorrow).

In that scenario, we must watch carefully the rights price and the volume on tomorrow to get a clear picture.

That's why I bounded my self until Friday. if all is well, then no problem, I am also happy to trade until 2.30pm on 20th June.
  Good luck
Can not talk about Ruwan 999 here Embarassed , got warning from NC+ not to share information anywhere and will not. Very Happy

well, It is not a good idea to go till 2:30pm on 20th Mad Mad Mad
1.Power cut
2.problems in the connection
3.system failures

Price band will be there for tomorrow ???
And my rights paper still didn't came and will collect it tomorrow from SSP systems office Very Happy

Hope to have early x-max gifts for wife
santa rendeer rendeer rendeer rendeer santa
STILL THE COLLECTION IS GOING ON, FIRE WORKS AFTER THAT Very Happy Very Happy

19WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Empty Re: WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Wed Jun 14, 2017 10:19 am

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Eugine Fernando wrote:
@ruwan326 wrote:
@gfte wrote:@ ruwan, Yes it can go until 20th June,
As you point out in other forum ( Ruwan999 must be you - sorry if not),
there are considerable amount of rights still to be listed in the market by tomorrow, (since, one of my friend from Ampara district told me that his rights were not listed today).
 so I guess, due to the postal problem, the right papers away from Colombo may not listed today, and it may listed on tomorrow, and day after tomorrow).

In that scenario, we must watch carefully the rights price and the volume on tomorrow to get a clear picture.

That's why I bounded my self until Friday. if all is well, then no problem, I am also happy to trade until 2.30pm on 20th June.
  Good luck
Can not talk about Ruwan 999 here Embarassed , got warning from NC+ not to share information anywhere and will not. Very Happy

well, It is not a good idea to go till 2:30pm on 20th Mad Mad Mad
1.Power cut
2.problems in the connection
3.system failures

Price band will be there for tomorrow ???
And my rights paper still didn't came and will collect it tomorrow from SSP systems office Very Happy

Hope to have early x-max gifts for wife
santa rendeer rendeer rendeer rendeer santa
STILL THE COLLECTION IS GOING ON, FIRE WORKS AFTER THAT Very Happy Very Happy
TOMORROW i WILL HAND OVER THE RIGHT PAPERS.........
SO FRIDAY ONWARD FIREWORKS.............
EARLY CHRIS- MAX santa santa santa santa santa

WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Ba-large-white-firework-gif-pic

20WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Empty Re: WHAT HAPPENED TO Rs185/= KAZOO RIGHTS Wed Jun 14, 2017 3:14 pm

gfte

gfte
Senior Equity Analytic
Senior Equity Analytic
13/06/2017  264690
14/07/2017  119419
total        =384109 share traded above 40/-

i think the players played well to collect around 40/-
another 100000 is available in the market (excluding Top 20 SH) 
so, as per my guess, there will be no share to be sold.

and i had put one order at 65/-, it was accepted, so i think there will be no price band at all
(41.7*1.25= 52.10 and  41.7*1.5=62.5) 

and There were 1284 KZOO.N000 shares traded around 700/-
i believe these 1284 were taken around 600/- and now disposed at 700 by retailers
so, that now only around 1000 in the market for trading( that 1000 not for sale until drama finished, some will not sell as they watch full drama), so  if you have Normal shares, then pray your god for good time.

As 520+40=560 these normal share will come to the market only by 05/07/2017. until then market players (not  top 20 SH)
have 5000-6000 shares to play if the play makers are behind these scenes at present.

then
just imagine, 
only 500 to 1000 normal share for trading ( time period 15 June  to 04 July)
Only 100000 rights available for trading (time period 15 June to 20 June) this will fly as price band is not there.
Dears, the above is just one scenario out of many possibilities. I may completely wrong with the above assumptions.

be careful &Take care, 
good luck

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