FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



Latest topics

» Lets try to understand what is happening in the market right now
by celtic tiger Today at 1:56 am

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by Gowri123 Today at 12:05 am

» Anyone attended AGM?
by Vishwanarth Yesterday at 11:17 pm

» Is ASPI Overvalued now or heavily undervalued ?
by EquityChamp Yesterday at 11:12 pm

» A Strong bounce back of ASI is on the cards
by samaritan Yesterday at 6:17 pm

» Prominent Investors of the colombo stock market
by samaritan Yesterday at 6:06 pm

» DIPD/HAYC/HAYL
by Eranga87 Yesterday at 5:55 pm

» ACL post share split trading and the future potential
by sheildskye Yesterday at 3:27 pm

» Current 2021 Februray Unit Trust/Unit Fund Per Annum percentages
by N W Yesterday at 2:44 pm

» WindForce (WIND) IPO Overview
by EquityChamp Yesterday at 10:09 am

» Norway -> biggest shareholder of NDB
by shihan 93 Yesterday at 9:56 am

» GLAS will be winner with Super Gain.
by Promoney Sat Mar 06, 2021 3:41 pm

» Many positives for Next week
by Vishwanarth Sat Mar 06, 2021 12:29 pm

» Maldives records over 100,000 tourist arrivals in first 35 days of the year
by samaritan Sat Mar 06, 2021 9:59 am

» Kind of behavior traders engage in when they are frustrated and want their money back from the market. Stock market for beginners
by lal62 Sat Mar 06, 2021 7:40 am

» EXPO EXPO EXPO
by Gowri123 Sat Mar 06, 2021 12:35 am

» still I believe this
by 100Bill Fri Mar 05, 2021 9:21 pm

» SUNSHINE HOLDINGS PLC (SUN.N0000)
by ErangaDS Fri Mar 05, 2021 8:19 pm

» Investor sentiment - will there ever be a recovery?
by xhunter Fri Mar 05, 2021 7:49 pm

» Let's have a stop-loss strategy to maximize investment returns in stock market
by EquityChamp Fri Mar 05, 2021 7:19 pm

EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » PIRAMAL GLASS CEYLON PLC (GLAS.N0000)

PIRAMAL GLASS CEYLON PLC (GLAS.N0000)

Go to page : Previous  1 ... 25 ... 46, 47, 48, 49, 50  Next

Go down  Message [Page 47 of 50]

921PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 47 Empty PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Dec 14, 2020 1:11 am

jason12


Equity Analytic
Equity Analytic
@Eranga87 wrote:Blackstone(BS) acquires Piramal Glas Pvt Ltd for USD 1 Billion consideration. earlier, Piramal Glas listed entity in India capital Market and delist (highest amount paid as a delisting share) since 2014 and keep as Private Ltd. 1st they offer to exist price and again gave a special existing price delisting share. The delisting process really most beneficial (the delisting price is double of traded price)for shareholders.

BS paid for USD 1 billion acquire for 100% ownership Piramal Glas and automatically entitle 46.45% ownership of SL Glas. BS didn't pay a separate amount for SL Piramal Glas. as a whole they paid to USD 1 billion and India Piramal enterprises ltd allocated INR 5.166Billion(USD 70Mn) on behalf of SL Piramal Glas their no. of shares 536Mn share (56.45%). that is the reason Piramal Glas disclosed their acquired purchase consideration for 56.45%. SPA clearly shows that purchase consideration for No. of shares 536Mn. not all of the share.

Pristine Glas Pvt ltd incorporates in 06.11.2020 and appoints two directors namely, Amit Dixit and Mukesh Mehetha. both 2 directors are working in Blackstone Group-India Pvt equity. Pristine belongings to Blackstone and establish a new entity for managing GLAS business in Sri Lanka, India, and USA.



don't keep any doubt regarding GLAS. current price level so attractive for entering. I highly believed GLAS will give you more than 50% returns with the current price level. if they delist share, it will give 100% returns.
https://www.blackstone.com/the-firm/our-people/#people-directory

Thushara Ayya and judecroos like this post

922PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 47 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Dec 14, 2020 7:44 am

subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
All these news positive for GLAS 
I am keeping my target Rs 15

Thushara Ayya, samaritan, Chithi and judecroos like this post

923PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 47 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Dec 14, 2020 10:44 am

VS


Stock Analytic
Stock Analytic
i think  it will jump again in this week bounce

924PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 47 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Dec 14, 2020 10:52 am

MR.T5n


Equity Analytic
Equity Analytic
Everywhere people talk about GLAS.. I Would like to be an eye witness for that event...  cyclops cyclops Shocked Shocked Shocked Laughing

judecroos likes this post

925PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 47 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Dec 14, 2020 11:15 am

Eranga87


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
hold at least 3 months you can claimed amazing bonanza. Very Happy

926PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 47 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Dec 14, 2020 11:18 am

dinsan123


Stock Analytic
Stock Analytic
@Eranga87 wrote:hold at least 3 months you can claimed amazing bonanza. Very Happy
Glas will be again 8 level soon

927PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 47 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Dec 14, 2020 11:25 am

geesura

geesura
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 47 Downlo10
@dinsan123 wrote:
@Eranga87 wrote:hold at least 3 months you can claimed amazing bonanza. Very Happy
Glas will be again 8 level soon

Bakkabwoi likes this post

928PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 47 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Dec 14, 2020 11:54 am

Eranga87


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

@dinsan123,


GLAS have guaranteed acquisition price. soon, they will announce Mandatory offer. you are gambler, such people thing like this. unfortunately, GLAS is not Gamble share. i can understand how your financial literacy.

lal62, Chithi, Win Win and Kanishka_2020 like this post

929PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 47 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Dec 14, 2020 12:03 pm

Venu123


Equity Analytic
Equity Analytic
Eranga can you explain mandatory offer,i collect glass at 8.30 mostly of your valuable thoughts.what will be your exit in current situation of glass?

930PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 47 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Dec 14, 2020 12:09 pm

lal62

lal62
Senior Equity Analytic
Senior Equity Analytic
@geesura wrote:PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 47 Downlo10
@dinsan123 wrote:
@Eranga87 wrote:hold at least 3 months you can claimed amazing bonanza. Very Happy
Glas will be again 8 level soon
glass will be near 12 level soon,  but when mandatory  offer 
comes no one can keep the ball under water. not even confusing reserch reports. Very Happy Very Happy

931PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 47 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Dec 14, 2020 12:14 pm

samaritan


Moderator
Moderator
Piramal Glass enters deal to sell Lankan operations for Rs.13bn

  • CSE disclosure doesn’t mention whether the deal is part of the bigger deal with Blackstone Group

  • Analyst community divided over mandatory offer requirement


http://www.dailymirror.lk/business-news/Piramal-Glass-enters-deal-to-sell-Lankan-operations-for-Rs-13bn/273-201779


_________________




The biggest risk in life is not taking any risk at all.

Eranga87 likes this post

932PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 47 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Dec 14, 2020 12:17 pm

subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Collecting around 9.40/9.80 not allowing to go up

933PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 47 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Dec 14, 2020 12:20 pm

SHL


Stock Trader
Can someone explain what will happen to GLASS when mandatory offer comes.

934PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 47 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Dec 14, 2020 12:32 pm

svkiruba8@gmail.com


Manager - Equity Analytics
Manager - Equity Analytics
Yes can some explain on Glass🤷🏼‍�

935PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 47 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Dec 14, 2020 12:36 pm

geesura

geesura
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@svkiruba8@gmail.com wrote:Yes can some explain on Glass🤷🏼
actually, the whole market is messed due to the GLAS disclosure, it's greek to all of us. but I know Glass will perform beyond our expectation

samaritan and lal62 like this post

936PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 47 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Dec 14, 2020 12:47 pm

dammika.me


Stock Trader
@samaritan wrote:Piramal Glass enters deal to sell Lankan operations for Rs.13bn

  • CSE disclosure doesn’t mention whether the deal is part of the bigger deal with Blackstone Group

  • Analyst community divided over mandatory offer requirement


http://www.dailymirror.lk/business-news/Piramal-Glass-enters-deal-to-sell-Lankan-operations-for-Rs-13bn/273-201779
13,000,000,000 / 950086080 = 13.68  Cool

13bn / No of Shares =13.68

VS likes this post

937PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 47 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Mon Dec 14, 2020 2:59 pm

Promoney


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Eranga87 wrote:Blackstone(BS) acquires Piramal Glas Pvt Ltd for USD 1 Billion consideration. earlier, Piramal Glas listed entity in India capital Market and delist (highest amount paid as a delisting share) since 2014 and keep as Private Ltd. 1st they offer to exist price and again gave a special existing price delisting share. The delisting process really most beneficial (the delisting price is double of traded price)for shareholders.

BS paid for USD 1 billion acquire for 100% ownership Piramal Glas and automatically entitle 46.45% ownership of SL Glas. BS didn't pay a separate amount for SL Piramal Glas. as a whole they paid to USD 1 billion and India Piramal enterprises ltd allocated INR 5.166Billion(USD 70Mn) on behalf of SL Piramal Glas their no. of shares 536Mn share (56.45%). that is the reason Piramal Glas disclosed their acquired purchase consideration for 56.45%. SPA clearly shows that purchase consideration for No. of shares 536Mn. not all of the share.

Pristine Glas Pvt ltd incorporates in 06.11.2020 and appoints two directors namely, Amit Dixit and Mukesh Mehetha. both 2 directors are working in Blackstone Group-India Pvt equity. Pristine belongings to Blackstone and establish a new entity for managing GLAS business in Sri Lanka, India, and USA.



don't keep any doubt regarding GLAS. current price level so attractive for entering. I highly believed GLAS will give you more than 50% returns with the current price level. if they delist share, it will give 100% returns.

If Pristine is owned by Blackstone, why have pre conditions established for both parties to carryout before the deal and why so many determinants for the sales price. They can just do the transfer on a nominal rate

judecroos likes this post

938PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 47 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Dec 15, 2020 2:20 am

Eranga87


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

@Promoney


As I earlier mentioned so many things have to be disclosed. before selling Pirama Pvt ltd, they valued each separate entity and they paid USD 1Bn as a whole. before transfer business, BS needs to reveal acquired value than the nominal value. The acquisition price was given guaranteed for investors. asap they will announce a mandatory offer. I believe, 20% of shares will be acquired. separately value each entity and transfer Piramal shareholding percentage to BS. can't say clearly say, because everything is greek due to non-availability info. need to original contact conditions & terms.

another thing is, BS paid for the settlement debt component, in purchase consideration. 3rd or 4th qtr, will disappear debt component and inject to capital infuse as equity @ acquired price. will increase NAV and EPS.

Everyone seeks to BS acquired prices. they ignored the future potential value of the share. new market developments and innovative technology will so far benefit GLAS.

Since 3rd Qtr, see GLAS financial performance how so far growing. 


check both director's status from the following link.

https://www.blackstone.com/the-firm/our-people/#people-directory

939PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 47 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Dec 15, 2020 2:42 am

Thushara Ayya

Thushara Ayya
Vice President - Equity Analytics
Vice President - Equity Analytics
https://www.blackstone.com/press-releases/

FYI

Thank you...

940PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 47 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Dec 15, 2020 6:58 am

Promoney


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Eranga87 wrote:

@Promoney


As I earlier mentioned so many things have to be disclosed. before selling Pirama Pvt ltd, they valued each separate entity and they paid USD 1Bn as a whole. before transfer business, BS needs to reveal acquired value than the nominal value. The acquisition price was given guaranteed for investors. asap they will announce a mandatory offer. I believe, 20% of shares will be acquired. separately value each entity and transfer Piramal shareholding percentage to BS. can't say clearly say, because everything is greek due to non-availability info. need to original contact conditions & terms.

another thing is, BS paid for the settlement debt component, in purchase consideration. 3rd or 4th qtr, will disappear debt component and inject to capital infuse as equity @ acquired price. will increase NAV and EPS.

Everyone seeks to BS acquired prices. they ignored the future potential value of the share. new market developments and innovative technology will so far benefit GLAS.

Since 3rd Qtr, see GLAS financial performance how so far growing. 


check both director's status from the following link.

https://www.blackstone.com/the-firm/our-people/#people-directory

Thanks
So in your opinion Piramal Glass (Pvt) Ltd will not be bought by BS as a single entity, the companies (business units) under Piramal Glass pvt will be bought individually by BS?
..and the BS deal has not been executed yet right?

941PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 47 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Dec 15, 2020 2:13 pm

lal62

lal62
Senior Equity Analytic
Senior Equity Analytic
Pristine glass pvt ltd was incorporated only last month with the purpose of acquiring glass manufacturing arm of piramal group it seems. One of only two directors in pristine glass is also a director of BS ( Amit Dixit is a Senior Managing Director, Co-Head of Asia Acquisitions, and Head of India for Blackstone Private Equity. ) so what is obvious is only 56 % shares of piramal ceylon is to be purchased this week or the next at value mentioned in the CSE circular. I am more optimistic that this purchase will take placs via CSE triggering
a mandatory offer. different opinions required

Winner123, Promoney, Win Win and judecroos like this post

942PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 47 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Tue Dec 15, 2020 11:48 pm

Jana

Jana
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
They are expecting the Mandatory Offer will be issued at the Rs10.20 level. then still GLAS worth this price to buy.

943PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 47 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Dec 16, 2020 1:17 am

Eranga87


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
acquired price is still questionable at this moment? have not revealed important things earlier discloser. an original contract can include terms & conditions. without considering facts & figures we cant pre-conclude regarding acquisition price. anyway, the acquisition price more than the current traded market. definitely, the acquisition price most benefited the existing shareholders. As soon as, the pending announcement will be coming. be hope, everything is going well. if the mandatory offer is coming, definitely they will give highest offer.

considering the potentially wide range of improvements, a current level still so attractive. majority of shares will be acquired by Pristine. the name will be changed. forecasting the future in GLAS business, the highest value of the return will deliver and maximize the wealth of shareholders. don't miss the third chance of getting the lowest side. this may be, last chance.

<<<<>>>>

lal62, invest thinker and VS like this post

944PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 47 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Dec 16, 2020 6:16 am

Vishwanarth


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Long time ago I said this price case may happen. Finally price was settled at lessor value than most expected

VS likes this post

945PIRAMAL GLASS CEYLON PLC (GLAS.N0000) - Page 47 Empty Re: PIRAMAL GLASS CEYLON PLC (GLAS.N0000) Wed Dec 16, 2020 8:25 am

Thushara Ayya

Thushara Ayya
Vice President - Equity Analytics
Vice President - Equity Analytics
http://www.dailymirror.lk/business-news/Piramal-Glass-enters-deal-to-sell-Lankan-operations-for-Rs-13bn/273-201779#.X9lVzSs3Bzs.whatsapp

Sponsored content


Back to top  Message [Page 47 of 50]

Go to page : Previous  1 ... 25 ... 46, 47, 48, 49, 50  Next

Permissions in this forum:
You cannot reply to topics in this forum