With some brokers and some newspapers creating hype about the Cambodian Deal Profits - share price went up above 165 and the truth came out with the report as expected NAV not risen by LKR 90 or near
As i said this is sort of manipulation using the same deal news to PUMP AND DUMP many times
This is they and connected trusted dirtbrokers say they can do that as long as stock market s are a gamble type bullshit they say to get the benefit and to justify the dirty game any trader is allowed to do those
So yet again connected HNWI by taking cambodian deal news again and publishing same type of news articles boosting about bloody LOLC - DIRTY GROUP which is never pay and share the profit & always suck poor and retail investors hard earn money by this official kind of manipulation .
They call it CAPITOL GAINS - BLOODY BULLSHIT
There are some paid members here in this group also who is doing shopping for the connected set they promoted LOLC to touch 185 and some said foolish buy back thing and LOLC may touch 300
Now when they had to put the news in the company reports the show was not that great and NAV not rose as expected and argued by many by LKR 80-90 but only around 32 LKR so the expectations and prices went down and all retail people who went behind big money blindly - got burned their asses again and again ..
Never hold LOLC for long time - unless you have billions free earn money like NP does
Now the Drama 2 -BIL Rights DRAMA
Few month ago BIL was trading at 1-60 /1-70 After the Right issue of 1-40 -And all of a sudden the Trust buddy brokers spread ( not all advisors some of them in to this dirty game God bless such brokers families ) a news about a deal @ 7 and we all went behind the Blood share BIL - So the big guys who collected massive number of shares through the right issue @ 1-40 Dump their bigggggggg lots at 3-4 even 5 - share was trading at 5-80 also as they spread that MR Ishara is going to sell a stake at 7 ( NAV WAS ALSO 7 Around ) so we all buy that story - buggers the dirty management of BIL and mother holding company then declared the next game the Rights 2020 at massive 2 for 1 offer at LK R2 .
The next game was on - now big guns had big lots had to tke the rights as we small ones and mid ones got their money stuck as we boght BIL at 3-4 -5 Like dat
So we have had no money to subscribe to rights the owners and connected trusted ones bought the rights at LKR 2
Now again they will start the Dracula game from next week
They the owners and connected people have subscribed to huge numbers @ 2
Please be aware the below seens
they may sell off some and will bring down the price below 2 also to 1-80 levels may be - then they will collect and then after huge collection done they will spread again the 10-15% stake for sale at 5-6 Rupees this time again and may be their will be a deal in real
so they have massive numbers from both right issues plus they forced and dropped the price ( I think they may start that next week and may go on for few days )
Then they will collect a lot at low below 2 even and slowly they they will again spread the news about the deal 10% stake sell by LOLC Mother company of BIL
Again we all will buy buy buy and take the share price UP allowing those connected ones to sell all collected shares at 3-4 levels
After may be a deal will go through and share holders will get nothing The group even if they earn trillions profit never share it with us
so again some retail community members will suffer - The best thing is to buy low and sell with a 1 rupee or 60-70 cents per share profit and don't fall in love with LOLC - BIL -BRWN
Best is to buy and sell soon apply stop loss also \\
Don't get caught to their master game