ASIA ASSET FINANCE PLC (AAF.N0000)

SHARK wrote:This is going for RIGHT issue @ 1.60 or something.....

I prefer to wait on this 1.80 to pay is bit too heavy..


Good around 1.50 levels

Aubrey Perera wrote:There is a NDA going with a foreign company involved. Interesting to note when rights issue dates are? also how the foreign company if they are interested in taking over will buy (before right or after rights). one thing is for sure if they want the right to be subscribed and look attractive they will surely have to push this to beyond Rs.2 . GL

Aubrey Perera wrote:I bought 400,000 shares of AAF @ 1.80 wish me luck I might buy over a million. I have a feeling final sell out price will be definitely over Rs. 2. GL.

Aubrey Perera wrote:If Not Hiluck   

Aubrey Perera wrote:bought more at 1.80 and balance at 1.70. Currently I hold more than a million. hoping for the best. Yes Dilshan it might be someone trying to keep the share low that's why bulk at 1.90. next week will be make or break. GL. My inner feeling tells me this will be pushed to above Rs.2 I might be wrong . I made a killing on TFIL and hope for the same with AAF. I might be wrong. I will need luck as well stevo apple

Aubrey Perera wrote:Rights issue dates are not announced. two scenarios to look at. Indian company buys majority stake from AAF for Rs.2 +++ before rights and subscribes majority rights. In this scenario share price will appreciate pre rights and then when rights come to the market it will adjust accordingly. Second scenario Indian Company buys stake for Rs.2+++ after rights have been subscribed by AAF. In the either case an appreciation will take place. GL