ASIA CAPITAL PLC (ACAP.N0000)

MarketSIRA

MarketSIRA

Senior Equity Analytic

Posts : 84
Equity Stars : 4089
Reputation : 15
Join date : 2011-02-03

It appears to be that Asia Capital PLC had not disclosed to CSE that its ownership in Asian Alliance Insurance PLC has reduced from over 70% in September 2010 to less than 50% in January 2011 following the non subscription of its rights entitlement in the latter part. This makes Asian Alliance (AAIC) as an associate of Asia Capital PLC (ACAP).

According to the information available Asia Capital appears to have not disseminated this to the public or disclosed to the Colombo Stock Exchange.

cyclops

Slstock · 2 Re: ASIA CAPITAL PLC (ACAP.N0000) Mon Apr 25, 2011 3:57 am

Slstock

Director - Equity Analytics

Posts : 6610
Equity Stars : 12410
Reputation : 1158
Join date : 2011-01-22

@MarketSIRA wrote:It appears to be that Asia Capital PLC had not disclosed to CSE that its ownership in Asian Alliance Insurance PLC has reduced from over 70% in September 2010 to 50% in January 2011 following the non subscription of its rights entitlement in the latter part. This makes Asian Alliance (AAIC) as an associate of Asia Capital PLC (ACAP).

Meanwhile this could be a serious violation of listing rules in Colombo Stock Exchange?

Thanks for bringing to attention. I am researching on this. Around last august I recall ACAP and Associates had abotu 70% holding. The point you raised looks strong right now. I see Mr V also exiting AAIC who is already having big control over ACAP.

123longway · 3 Re: ASIA CAPITAL PLC (ACAP.N0000) Thu Oct 06, 2011 8:33 pm

123longway

Senior Equity Analytic

Posts : 59
Equity Stars : 3832
Reputation : 10
Join date : 2011-07-11

Hi "MarketSira"

Now that you have exposed an important issue, what would be the outcome?. Who is to gain as a result of this issue, ACAP or AAIC?.

Rajaraam · 4 Re: ASIA CAPITAL PLC (ACAP.N0000) Thu Oct 06, 2011 8:35 pm

Rajaraam

Vice President - Equity Analytics

Posts : 1208
Equity Stars : 5077
Reputation : 113
Join date : 2011-07-01

@123longway wrote:Hi "MarketSira"

Now that you have exposed an important issue, what would be the outcome?. Who is to gain as a result of this issue, ACAP or AAIC?.

ASIA CAPITAL and not AAIC but deleted and AP

Dr.Bubble · 5 Re: ASIA CAPITAL PLC (ACAP.N0000) Thu Oct 06, 2011 8:38 pm

Dr.Bubble

Senior Equity Analytic

Posts : 69
Equity Stars : 3786
Reputation : 16
Join date : 2011-09-11

@Rajaraam wrote:

@123longway wrote:Hi "MarketSira"

Now that you have exposed an important issue, what would be the outcome?. Who is to gain as a result of this issue, ACAP or AAIC?.

ASIA CAPITAL and not AAIC but deleted and AP

guys wt is this DELETED scratch

Rajaraam · 6 Re: ASIA CAPITAL PLC (ACAP.N0000) Thu Oct 06, 2011 8:55 pm

Rajaraam

Vice President - Equity Analytics

Posts : 1208
Equity Stars : 5077
Reputation : 113
Join date : 2011-07-01

Some words/sentences or even entire post could be deleted by Moderators/Admin if they feel it should be deleted. May be thats a requirment to prvent both members as well as Authorities of this website from unnecessary problems. No harm. We must extend our unconditional support to Admin and moderators to maintain a trouble free forum.

ddrperera · 7 acap buy kirimma loku risk ekak.xd date upset wewi Tue Nov 29, 2011 11:04 pm

ddrperera

Assistant Vice President - Equity Analytics

Posts : 982
Equity Stars : 6227
Reputation : 22
Join date : 2011-07-13
Age : 36

plz think about

dindon1 · 8 Re: ASIA CAPITAL PLC (ACAP.N0000) Tue Nov 29, 2011 11:12 pm

dindon1

Senior Manager - Equity Analytics

Posts : 325
Equity Stars : 4408
Reputation : 6
Join date : 2011-03-28

why?????

AAABoy · 9 Re: ASIA CAPITAL PLC (ACAP.N0000) Wed Nov 30, 2011 8:18 am

AAABoy

Moderator

Posts : 172
Equity Stars : 9942
Reputation : 29
Join date : 2011-08-30
Age : 31
Location : Colombo

moda talks jocolor

morros · 10 Re: ASIA CAPITAL PLC (ACAP.N0000) Wed Nov 30, 2011 9:20 am

morros

Equity Analytic

Posts : 48
Equity Stars : 3944
Reputation : 0
Join date : 2011-02-05
Location : Colombo

@ddrperera wrote:plz think about

Didn't I explain about this yesterday?

Niwa · 11 Re: ASIA CAPITAL PLC (ACAP.N0000) Wed Nov 30, 2011 9:26 am

Niwa

Manager - Equity Analytics

Posts : 284
Equity Stars : 3950
Reputation : 15
Join date : 2011-10-15

had to buy on last friday. it will go down after XD date, dont know how much.

Flashmark · 12 Shall I sell ACAP and RAL with loss? Sat Dec 03, 2011 9:16 pm

Flashmark

Equity Analytic

Posts : 21
Equity Stars : 3673
Reputation : 0
Join date : 2011-10-06

Hi All,

1.Shall I sell ACAP shares with loss? Or it will going up coming week?

2.What do you think about RAL? My adviser advised me buy it 6.90. But seems it not moving up Sad

thanks

Last edited by Flashmark on Sat Dec 03, 2011 9:37 pm; edited 1 time in total

dumindasn · 13 Re: ASIA CAPITAL PLC (ACAP.N0000) Sat Dec 03, 2011 9:34 pm

dumindasn

Stock Analytic

Posts : 12
Equity Stars : 3621
Reputation : 0
Join date : 2011-11-02
Location : Colombo

I also hv ACAP but didnt sell it in loss. waiting with a small hope. No idea about the next week.

monash · 14 Re: ASIA CAPITAL PLC (ACAP.N0000) Sat Dec 03, 2011 11:09 pm

monash

Senior Manager - Equity Analytics

Posts : 354
Equity Stars : 5295
Reputation : 16
Join date : 2011-01-22

If your adviser told you to buy RAL @ 6.90. You should re-think whether to take advisers again from him/her on future. You will be able to sell it at breakeven or bit higher if monday or tuesday market go up.

I don't know what price you bought ACAP. I think there will be a dividend. better check it.

Rajaraam · 15 Re: ASIA CAPITAL PLC (ACAP.N0000) Sat Dec 03, 2011 11:17 pm

Rajaraam

Vice President - Equity Analytics

Posts : 1208
Equity Stars : 5077
Reputation : 113
Join date : 2011-07-01

monash, ACAP is now XD. Even u sell you get dividends.

Flashmark · 16 Re: ASIA CAPITAL PLC (ACAP.N0000) Sun Dec 04, 2011 8:09 am

Flashmark

Equity Analytic

Posts : 21
Equity Stars : 3673
Reputation : 0
Join date : 2011-10-06

@Rajaraam wrote:monash, ACAP is now XD. Even u sell you get dividends.

I brought the shares last Friday (02.Dec.2011)@75.00. I think XD is 02.Dec.2011 for ACAP.So will I get dividends? What I have to do now? Question

Slstock · 17 Re: ASIA CAPITAL PLC (ACAP.N0000) Sun Dec 04, 2011 8:42 am

Slstock

Director - Equity Analytics

Posts : 6610
Equity Stars : 12410
Reputation : 1158
Join date : 2011-01-22

@Flashmark wrote:

@Rajaraam wrote:monash, ACAP is now XD. Even u sell you get dividends.

I brought the shares last Friday (02.Dec.2011)@75.00. I think XD is 02.Dec.2011 for ACAP.So will I get dividends? What I have to do now?

If you buy on XD date you do not get dividend. Seller gets dividend.

Slstock · 18 Re: ASIA CAPITAL PLC (ACAP.N0000) Sun Dec 04, 2011 9:43 am

Slstock

Director - Equity Analytics

Posts : 6610
Equity Stars : 12410
Reputation : 1158
Join date : 2011-01-22

@Flashmark wrote:Hi All,

1.Shall I sell ACAP shares with loss? Or it will going up coming week?

2.What do you think about RAL? My adviser advised me buy it 6.90. But seems it not moving up

thanks

Did you buy RAL based on advisor to made a quick trade or an medium term investment?

2011_NewComer · 19 Re: ASIA CAPITAL PLC (ACAP.N0000) Sun Dec 04, 2011 11:20 am

2011_NewComer

Senior Manager - Equity Analytics

Posts : 559
Equity Stars : 4597
Reputation : 77
Join date : 2011-03-10
Location : Colombo

@Flashmark wrote:

@Rajaraam wrote:monash, ACAP is now XD. Even u sell you get dividends.

I brought the shares last Friday (02.Dec.2011)@75.00. I think XD is 02.Dec.2011 for ACAP.So will I get dividends? What I have to do now?

As you have bought on the XD date, you will not get the dividend.
Thursday it went upto 80 mainly because of the high dividend (plus market movement). Those who bought just because of the dividend must have tried to sell on friday making the prices to go down(with the market down trend)

you will have to analyze the movement and take a decision..

Flashmark · 20 Re: ASIA CAPITAL PLC (ACAP.N0000) Sun Dec 04, 2011 3:42 pm

Flashmark

Equity Analytic

Posts : 21
Equity Stars : 3673
Reputation : 0
Join date : 2011-10-06

Did you buy RAL based on advisor to made a quick trade or an medium term investment?

I said her to i'm interesting about day trading. She told me to buy RAL.

Rajaraam · 21 Re: ASIA CAPITAL PLC (ACAP.N0000) Sun Dec 04, 2011 4:52 pm

Rajaraam

Vice President - Equity Analytics

Posts : 1208
Equity Stars : 5077
Reputation : 113
Join date : 2011-07-01

May be she reccomended RAL fo day trading coz it's recent records indicate frequent fluctuation.

manula · 22 Re: ASIA CAPITAL PLC (ACAP.N0000) Sun Dec 04, 2011 11:13 pm

manula

Vice President - Equity Analytics

Posts : 1171
Equity Stars : 5061
Reputation : 55
Join date : 2011-04-18
Location : Qatar

@Flashmark wrote:

Did you buy RAL based on advisor to made a quick trade or an medium term investment?

I said her to i'm interesting about day trading. She told me to buy RAL.

For day trading i think better BLUE X, HVA, CLND...than RAL etc..

Same time if you are buying any shares for day trading don't go for the market price.. bid little less and try .

ABEST · 23 Good Interim financial statement form ACAP Tue Dec 13, 2011 9:13 am

ABEST

Senior Manager - Equity Analytics

Posts : 556
Equity Stars : 4787
Reputation : 14
Join date : 2011-06-26

http://www.cse.lk/cmt/upload_report_file/363_1323671204.pdf

from this,
EPS, NAVPs are good,(both Company,Group)
cost of sales are too much high,
income form other activity is good,
Other Operating Expenses is too much high,

i think 2m shares are in retailers hand,

i think it is good to invest, sometime it will give return double after or within one year
add your comments....................

Slstock · 24 Re: ASIA CAPITAL PLC (ACAP.N0000) Tue Dec 13, 2011 9:23 am

Slstock

Director - Equity Analytics

Posts : 6610
Equity Stars : 12410
Reputation : 1158
Join date : 2011-01-22

All profit we see it due to sale of subsidiary. Nav is Rs 20.09 But what you said about the shares in the market is true.

nkalansu · 25 Re: ASIA CAPITAL PLC (ACAP.N0000) Tue Dec 13, 2011 9:24 am

nkalansu

Senior Manager - Equity Analytics

Posts : 335
Equity Stars : 4225
Reputation : 58
Join date : 2011-06-11
Age : 44

I don't think so.

Operating loss is Rs. 311 Mn. Which means from their core business they have recorded a loss.

They have recorded a net profit of Rs. 821 M because of disposal of subsidiary (I think AAIC) for Rs. 1.26 Bn

Useless accounts

Sponsored content

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Can there be another Covid-19 wave in Sri Lanka?

Latest topics

ASIA CAPITAL PLC (ACAP.N0000)

1 Asia Capital (ACAP) lose control of Asian Alliance Insurance PLC (AAIC)? Mon Apr 25, 2011 1:12 am

MarketSIRA

2 Re: ASIA CAPITAL PLC (ACAP.N0000) Mon Apr 25, 2011 3:57 am

Slstock

3 Re: ASIA CAPITAL PLC (ACAP.N0000) Thu Oct 06, 2011 8:33 pm

123longway

4 Re: ASIA CAPITAL PLC (ACAP.N0000) Thu Oct 06, 2011 8:35 pm

Rajaraam

5 Re: ASIA CAPITAL PLC (ACAP.N0000) Thu Oct 06, 2011 8:38 pm

Dr.Bubble

6 Re: ASIA CAPITAL PLC (ACAP.N0000) Thu Oct 06, 2011 8:55 pm

Rajaraam

7 acap buy kirimma loku risk ekak.xd date upset wewi Tue Nov 29, 2011 11:04 pm

ddrperera

8 Re: ASIA CAPITAL PLC (ACAP.N0000) Tue Nov 29, 2011 11:12 pm

dindon1

9 Re: ASIA CAPITAL PLC (ACAP.N0000) Wed Nov 30, 2011 8:18 am

AAABoy

10 Re: ASIA CAPITAL PLC (ACAP.N0000) Wed Nov 30, 2011 9:20 am

morros

11 Re: ASIA CAPITAL PLC (ACAP.N0000) Wed Nov 30, 2011 9:26 am

Niwa

12 Shall I sell ACAP and RAL with loss? Sat Dec 03, 2011 9:16 pm

Flashmark

13 Re: ASIA CAPITAL PLC (ACAP.N0000) Sat Dec 03, 2011 9:34 pm

dumindasn

14 Re: ASIA CAPITAL PLC (ACAP.N0000) Sat Dec 03, 2011 11:09 pm

monash

15 Re: ASIA CAPITAL PLC (ACAP.N0000) Sat Dec 03, 2011 11:17 pm

Rajaraam

16 Re: ASIA CAPITAL PLC (ACAP.N0000) Sun Dec 04, 2011 8:09 am

Flashmark

17 Re: ASIA CAPITAL PLC (ACAP.N0000) Sun Dec 04, 2011 8:42 am

Slstock

18 Re: ASIA CAPITAL PLC (ACAP.N0000) Sun Dec 04, 2011 9:43 am

Slstock

19 Re: ASIA CAPITAL PLC (ACAP.N0000) Sun Dec 04, 2011 11:20 am

2011_NewComer

20 Re: ASIA CAPITAL PLC (ACAP.N0000) Sun Dec 04, 2011 3:42 pm

Flashmark

21 Re: ASIA CAPITAL PLC (ACAP.N0000) Sun Dec 04, 2011 4:52 pm

Rajaraam

22 Re: ASIA CAPITAL PLC (ACAP.N0000) Sun Dec 04, 2011 11:13 pm

manula

23 Good Interim financial statement form ACAP Tue Dec 13, 2011 9:13 am

ABEST

24 Re: ASIA CAPITAL PLC (ACAP.N0000) Tue Dec 13, 2011 9:23 am

Slstock

25 Re: ASIA CAPITAL PLC (ACAP.N0000) Tue Dec 13, 2011 9:24 am

nkalansu

26 Re: ASIA CAPITAL PLC (ACAP.N0000)

Sponsored content