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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » HOW LOLC, BIL & BROWN MANIPULATES THE CSE STOCK MARKET?

HOW LOLC, BIL & BROWN MANIPULATES THE CSE STOCK MARKET?

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ChooBoy


Manager - Equity Analytics
Manager - Equity Analytics
Today *LOLC* launched their Debenture issue and was oversubscribed. Their internal intent purpose of this debenture issue was to re-purchase the EPF held quantity of *LOLC* shares by using debenture investor holders money for a Pre-arranged price. This is to ultimately increase the net worth of Ishara Nanayakkara who was also one time owner of TOUCHWOOD INVESTMENTS (People who lost their money will know this Scheme by *LOLC*), again without using his money.

Over-subscription is actually a negative factor. It means company had undervalued the instrument (rights, debenture, ipo etc)

*LOLC* advertised over-subscription as a positive thing to get investor interest. The degree of over-subscription will reveal the level of under-valuation.

Checkout *EDEN* Right Issue documents? It was to settle debt. But who’s debt? It was internal debt Rs. 4.3bn to be paid to *BROWNS*. They use your money to settle.

They lend this money to *BRWN* to finance *BIL* transaction, then charge interest from *BRWN* and pay to the investor. Not even put own money.

Ishara N recently cashed out his shares to the tune of Rs. 16 billion through Churchill and Oxford Capital Pvt Ltd and made *BRWN* and *BIL* buy his shares. Later dumped to retail investors that led to the recent crash...

This is all while you were blaming other factors like CSE Letters and Credit Clearance and Broker games.

*LOLC* & Co dragged the market down and now many portfolios in red. Now who will you target for your portfolio being red? Think!

The culprits doing his dirty work are Thushan Wickramasinghe owner of Capital Trust and Kamantha Amarasinghe his Lieutenant at LOLC .

Dr Terrance Perera

Kipling, RJ1010, Mr. Wayne, Gowri123, stockchaser and kusxn like this post

ADVENTUS dislikes this post

Intrinsicvalue


Equity Analytic
Equity Analytic
very true.. LOLC and Brown companies are cancers in CSE

Kipling likes this post

Galeon


Stock Analytic
Stock Analytic
Very good and very true analysis.

stockchaser


Manager - Equity Analytics
Manager - Equity Analytics
B***sters

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@stockchaser wrote:B***sters


sometime its booster - uptrend

sometime its cancer - down trend

judecroos likes this post

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