PANASIAN POWER PLC (PAP.N0000)

Jay-Jay wrote:

shakthi1974 wrote:Jay-Jay, my question is what is the importunacy of the AGM, unless to declare the dividend? and the new party will take quantities available in the market or is it a agreed deal between two parties?
Kindly share more info if available.

Its a agreed deal as per the sources.   Second largest share holder is the seller and the Doctor also selling a parcel its unsderstood.


As per the rumours Mr Nimal is collecting from the market and he is holding a big quantity by now.  ( Wonder whats his gain in this transaction ? )


Declaration of the dividend withheld as requested by a concerned party till they materialize some concerns.


Some brokers in the belief that the buyer is collecting from the open market some quantity to sell at a higher price to set-off some percentage of their investment.  An experienced investor told me that the current price level of the counter is artificially maintained at a low  level with some fake selling quantities,  as a concerned party wanted to collect a huge quantity from the open market and they will push the share up to Rs 8/= - Rs 10 /= levels and re-sell to cover the whole investment . This was the Dammika Perera strategy a decade ago where he acquired more than 10 companies without spending any cent from the his own pocket.

Can assume this is the reason for the withholding of Dividend declaration as the large buyer don't want any upward price movement till he collects the quantity.  But at the AGM investors will question about the Dividend announcement ..!


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Kayp wrote:

Jay-Jay wrote:

shakthi1974 wrote:Jay-Jay, my question is what is the importunacy of the AGM, unless to declare the dividend? and the new party will take quantities available in the market or is it a agreed deal between two parties?
Kindly share more info if available.

Its a agreed deal as per the sources.   Second largest share holder is the seller and the Doctor also selling a parcel its unsderstood.


As per the rumours Mr Nimal is collecting from the market and he is holding a big quantity by now.  ( Wonder whats his gain in this transaction ? )


Declaration of the dividend withheld as requested by a concerned party till they materialize some concerns.


Some brokers in the belief that the buyer is collecting from the open market some quantity to sell at a higher price to set-off some percentage of their investment.  An experienced investor told me that the current price level of the counter is artificially maintained at a low  level with some fake selling quantities,  as a concerned party wanted to collect a huge quantity from the open market and they will push the share up to Rs 8/= - Rs 10 /= levels and re-sell to cover the whole investment . This was the Dammika Perera strategy a decade ago where he acquired more than 10 companies without spending any cent from the his own pocket.

Can assume this is the reason for the withholding of Dividend declaration as the large buyer don't want any upward price movement till he collects the quantity.  But at the AGM investors will question about the Dividend announcement ..!


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What happened to this? 

lahiru28 wrote:The collection is still happening. there were 8M buy orders at 4.00. will there be a breakout??

Thushara Ayya wrote:

lahiru28 wrote:The collection is still happening. there were 8M buy orders at 4.00. will there be a breakout??

Wait... Wait.... coming sooon....

Kanishka_2020 wrote:

Thushara Ayya wrote:

lahiru28 wrote:The collection is still happening. there were 8M buy orders at 4.00. will there be a breakout??

Wait... Wait.... coming sooon....

What's target price we can expect?
4.80?

Jana wrote:who sold BIL now , they can buy PAP now .. It may go

vijay singh wrote:earlier, I bought PAP @ 4.80 in October month, within 3 days, it will come 3.50 level. I hold long period after I sold with entire. here, people promote PAP deal , last time directors sold huge qty on our head at highest prices. after they collect lowest level again sold. this is drama,. here people cheers.. there director sold. last Friday also director sold. listen everyone, director knows every things than us. that why they sold at highest level and collect again lowest side. I never touch PAP,RAL,RWSL MOST OF PEOPLE burn their hand touching those shares. BE SAFE.

Good bad wrote:PANASIAN POWER PLC  for sale 
Deal fixed  can’t say exact day and time 
Selling price   Per share is 4.5 rupees 
That’s wise more buys are in 3.8 rupees 
If you have PAP shares don’t sell it just keep it for a while you will get the profit 
Thanks you !!

keeper wrote:

Good bad wrote:PANASIAN POWER PLC  for sale 
Deal fixed  can’t say exact day and time 
Selling price   Per share is 4.5 rupees 
That’s wise more buys are in 3.8 rupees 
If you have PAP shares don’t sell it just keep it for a while you will get the profit 
Thanks you !!

Any sources?

Most of the people know this deal specially big guns in the market that’s why one person collecting most shares at 3.80 if you have this company shares just keep it don’t sell till the announcement that’s it !!!

lahiru28 wrote:Seems like someone wants to pump this share again. Just remember who dump pap at 4.30-4.50 levels on last rally. Don’t get caught!  

Trading Jockey wrote:

lahiru28 wrote:Seems like someone wants to pump this share again. Just remember who dump pap at 4.30-4.50 levels on last rally. Don’t get caught!  

I cant agree more, I remember the guy who posted this same deal a while ago when the stock went up to 4.5. he was a guy call Jay Jay   do not get caught

Good bad wrote:I told everyone this will happen PAP goes above 7 that’s why he is collecting huge quality now showing the   film trailer haven’t released the film  yet !!