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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » BLUE / ECL cooling off time

BLUE / ECL cooling off time

2 posters

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1BLUE / ECL cooling off time Empty BLUE / ECL cooling off time Thu Jun 23, 2011 1:09 pm

Prince

Prince
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Cooling off time for BLUE & ECL



BLUE / ECL cooling off time Blue_b11

BLUE / ECL cooling off time Ecl_bm10

2BLUE / ECL cooling off time Empty Re: BLUE / ECL cooling off time Tue Jun 28, 2011 10:11 am

Prince

Prince
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Cooled Off

BLUE / ECL cooling off time Blue_b10

3BLUE / ECL cooling off time Empty Re: BLUE / ECL cooling off time Tue Jun 28, 2011 2:57 pm

RichDad

RichDad
Manager - Equity Analytics
Manager - Equity Analytics

ECL started its up trend on 4th May from Rs.3.00 with the establishment of the ECL Soft Pvt Ltd joint venture.
http://www.cse.lk/cmt/uploadAnnounceFiles/4451304582526_374.pdf

On 6th May MOU entered into by ECL and its sub ECL Soft Pvt Ltd with IFS.
http://www.cse.lk/cmt/uploadAnnounceFiles/531304919286_374.pdf

On 8th June 2011 ECL has bought 13,672,100 (13.24%) BLUE ordinary voting shares.

Positive cash flow today with 3.1 mn volume.

I'm unsure of the future direction of ECL. Can some expert please shed some light.

Thanks

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