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

» DIPD/HAYC/HAYL
by abey Yesterday at 10:27 pm

» RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)
by Eranga87 Yesterday at 4:12 pm

» ROYAL CERAMICS PLC (RCL.N0000)
by Dilip Yesterday at 11:55 am

» GLAS will be winner with Super Gain.
by ronstyn53 Sat Apr 17, 2021 10:22 pm

» CIC HOLDINGS PLC (CIC.N0000)
by abey Sat Apr 17, 2021 9:07 pm

» First capital holdings CFVF.N0000
by invest thinker Sat Apr 17, 2021 4:46 pm

» LANKEM DEVELOPMENTS PLC (LDEV.N0000)
by Wolf86 Sat Apr 17, 2021 2:00 pm

» ???? අප්‍රේල් 16 ???? මේ දින 3 කෙටි සතියත් කොළපාටින් අවසන් වුනා
by dayandacool Sat Apr 17, 2021 1:58 pm

» Lanka Walltile PLC Investment Case
by judecroos Sat Apr 17, 2021 8:55 am

» Which is the best at current market condition ? ( At least 30% within 30 Days)
by judecroos Sat Apr 17, 2021 8:39 am

» Daily Foreign Transactions
by Pradeep90 Fri Apr 16, 2021 8:03 pm

» Big opportunity in Kegalle Plantations
by EquityChamp Fri Apr 16, 2021 2:58 pm

» විජේදාසගේ... voice cut ප්‍රතිඵල
by nigma Fri Apr 16, 2021 11:59 am

» If you buy a stock that’s not going up in price, you won’t make any money. STOCK market for beginners
by dayandacool Fri Apr 16, 2021 11:31 am

» B P P L HOLDINGS PLC (BPPL.N0000)
by vikiperera Fri Apr 16, 2021 11:17 am

» VPEL VPEL VPEL
by invest thinker Fri Apr 16, 2021 10:23 am

» Thoughts on SINS
by Swissinvest Fri Apr 16, 2021 10:04 am

» VFIN / VPEL / PABC - Share SPLIT or VTWO ?
by WealthKing Fri Apr 16, 2021 8:33 am

» LANKA ALUMINIUM INDUSTRIES PLC (LALU.N0000)
by Jana Thu Apr 15, 2021 11:15 pm

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by learningthemarket Thu Apr 15, 2021 8:18 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™ » GREG.. Can we hear some good news from GREG

GREG.. Can we hear some good news from GREG

Go to page : Previous  1, 2, 3, 4, 5, 6, 7, 8  Next

Go down  Message [Page 7 of 8]

aloma.fernando


Stock Trader
I have greg,woo14(6) for Rs.50.Can I wait or sell??

ranjanie


Manager - Equity Analytics
Manager - Equity Analytics
I have 5000 LION @210/- seeking experts ideas. WILL it move?

seyon


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@FXX wrote:
@seyon wrote: I guess this might be strategic deal between both parties ,Both parries are major shareholder in respective companies. Lionheart & PCH planning to dump to some of their stake to our innocent retailers. If these parties dumping directly, then confidence of these two shares is question among the investors. So this transaction would be the tool to dump of their shares easily.

So be careful with these two shares.

ERI’s controlling shareholder Lionhart shed 1.5% stake or 4.5 million shares in ERI at Rs. 68 each as well as 5 million warrants at Rs. 32.60 each to PC House for Rs. 469 million. In turn PCH House major shareholder M. Rishan sold 9.6% stake or 22 million shares in the company to Lionhart at Rs. 22 each in a deal worth Rs. 486 million.

The question is why did Rishan purchase these share through PCH ? if he want to pump and dump then we can see GREG price movement in the coming week

I am bit confused, Who bought GREG, Whether PC House or Rishan, If Rishan bought no issue for the settlement, Just setting off transaction. If PCH bought, Actually does company have money Rs. 469Mn?

FXX


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@seyon wrote:
@FXX wrote:
@seyon wrote: I guess this might be strategic deal between both parties ,Both parries are major shareholder in respective companies. Lionheart & PCH planning to dump to some of their stake to our innocent retailers. If these parties dumping directly, then confidence of these two shares is question among the investors. So this transaction would be the tool to dump of their shares easily.

So be careful with these two shares.

ERI’s controlling shareholder Lionhart shed 1.5% stake or 4.5 million shares in ERI at Rs. 68 each as well as 5 million warrants at Rs. 32.60 each to PC House for Rs. 469 million. In turn PCH House major shareholder M. Rishan sold 9.6% stake or 22 million shares in the company to Lionhart at Rs. 22 each in a deal worth Rs. 486 million.

The question is why did Rishan purchase these share through PCH ? if he want to pump and dump then we can see GREG price movement in the coming week

I am bit confused, Who bought GREG, Whether PC House or Rishan, If Rishan bought no issue for the settlement, Just setting off transaction. If PCH bought, Actually does company have money Rs. 469Mn?

Its not under Rishans Account and today i confirm that with my broker, i think this is a smart move by Rishan cus when the crossing went everyone expected GREG price to shoot up and people knew its another pump and dump but now we dont know what will happen, like u said does PCH have that kind of money ? if so how long they going to hold ? is GREG planning to acquire the PCH ?

Millions of questions but no answers, on the same time most Brokers still advising to hold GREG

seyon


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
The report on compounding offense of ERI is published in SEC website http://www.sec.gov.lk/. The report is published in section of Publication and press release.

Why this issue has not been taken to enforcement action....??????

rijayasooriya

rijayasooriya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@seyon wrote:The report on compounding offense of ERI is published in SEC website http://www.sec.gov.lk/. The report is published in section of Publication and press release.

Why this issue has not been taken to enforcement action....??????

I think they will published it on enforcement action.Just check the archieve of press release. Some of the notices on enforcement action has first come as press release.

donj91


Senior Equity Analytic
Senior Equity Analytic
Is DJ collecting GREG............... any news?

swan03


Vice President - Equity Analytics
Vice President - Equity Analytics
@donj91 wrote:Is DJ collecting GREG............... any news?

Who said that DJ get involved to this?

donj91


Senior Equity Analytic
Senior Equity Analytic
From friend......... But we are not sure bout it?

swan03


Vice President - Equity Analytics
Vice President - Equity Analytics
@donj91 wrote:From friend......... But we are not sure bout it?

All rumors i guess in the down trend.

seyon


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
I don"t think If he is in the action, GREG will fly as hell .......

seyon


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
I just see Statistics for Security: CLPL.N0000, the Quantity Issued 34,233,774, this reveals that the shares through the warrant conversion have been listed. ( Before the warrant conversion CLPL issued qty 25Mn + warrant conversion 12.5Mn = 37.5Mn) The difference may be under subscribed or issued in form share certificates.

But there is no such announcement related of listing shares through the warrant conversion. This is the issues of ERI Management. The lack information and information are not transparent.

Anyone did u check ur portfolio that shares are listed through the conversion ( If u were in the process of warrant conversion)

seyon


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Hi Freinds

I just confirmed with the broker who handle Lionheart A/c, Lionheart did not sell any single share of PCH.

Can anybody confirm PCH or Rishan are on selling side of GREG..

2011_NewComer

2011_NewComer
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@seyon wrote:Hi Freinds

I just confirmed with the broker who handle Lionheart A/c, Lionheart did not sell any single share of PCH.

Can anybody confirm PCH or Rishan are on selling side of GREG..

Seyon, they'll not sell it at a loss right? So I think it should pass at least 70-71 for them to get even a small profit. Can we expect a selling from them till then?

Think9

Think9
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
y didn u guys bought GREG or didnt sell GREG, when the news published that SEC has banned the directors with some penalty ?? u guys need to have some commonsense .

example : imagine a gangster get out of jail ! will he kill anyone as soon as he got out ?? obviously no... he will act all nice for sometime and will start again.. Smile

samethin happening in GREG.... who the hell will push up a share right after gettin caught for a penalty ?? think. !

financially both re over-valued ( GREG and DPL ).. and not recommended by me but since there re not much of shares in the mkt, someday it wil hit 70. 70+ .. but i dnt wanna enter GREG now.. i did in 2010 not 2011.

soooooooooooo INVEST WISELY.. cheers..

rijayasooriya

rijayasooriya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Think9 wrote:y didn u guys bought GREG or didnt sell GREG, when the news published that SEC has banned the directors with some penalty ?? u guys need to have some commonsense .

example : imagine a gangster get out of jail ! will he kill anyone as soon as he got out ?? obviously no... he will act all nice for sometime and will start again.. Smile

samethin happening in GREG.... who the hell will push up a share right after gettin caught for a penalty ?? think. !

financially both re over-valued ( GREG and DPL ).. and not recommended by me but since there re not much of shares in the mkt, someday it wil hit 70. 70+ .. but i dnt wanna enter GREG now.. i did in 2010 not 2011.

soooooooooooo INVEST WISELY.. cheers..


I agree with u.Any manipulator will not try to manipulate this share with all these bad rumours.When this warmth is over Greg will go up.I also think with previous support and resistance levels this is good time to enter.But do ur own analysis it is ur money.

ssuni

ssuni
Manager - Equity Analytics
Manager - Equity Analytics
& all of you thinking that it willnot recover again?? Sad

seyon


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
ERI might take this opportunity


Govt. seeking investor for KKS

String of other PPPs in the pipeline; Paranthan to also restart next year and Rs.1.2 b investment offered

Getting enthusiastic on Public-Private Partnerships, the Sri Lankan Government is planning to resume operations at the Kankesanthurai (KKS) cement factory with private sector investments by next year after the current renovation work is completed.
The State Resources and Investment Promotions Ministry is seeking a private sector investor for the venture and is hopeful that the matter can be settled before the end of the year.

The Paranthan chemical factory is also expected to restart operations with private investment next year. These will be the first two large scale factories beginning operations in the north if plans work out as expected.
The Sri Lanka Cement Corporation has already commenced restoring the KKS cement factory while taking action to assess the quality of the stock of clinker available within the premises.
Sri Lanka Cement Corporation Chairman Sisira Paranagama noted that the corporation was currently looking at several options to resume cement production.
The factory ceased operations in 1990 when the war between the security forces and the LTTE intensified. Despite hostilities ending two years ago, the factory has remained without private investment.
The corporation had imported 36,260 metric tonnes of ordinary Portland cement in 2010 under the ‘Kankesan’ brand and sold it at prices below market prices in order to supply quality cement at affordable prices, Paranagama said.
Construction industry experts have called on the factory to be restored to full capacity to reduce dependence on imports and provide cement at reasonable prices. They insist that the venture would provide encouragement to Sri Lanka’s Rs. 250 million building industry.
The State Resources and Investment Promotions Ministry is also planning a string of other PPPS including an Rs. 600 million Australian investor for the Embilipitiya paper factory.
A total of Rs. 1.2 billion has been offered for four loss-making State-owned enterprises that the Government is hoping to restructure with the help of private investors. The Government is in the process of restructuring 23 State enterprises and the first phase included four enterprises.
The Embilipitiya Paper Corporation, Kantale Sugar Company, Sri Lanka Rubber Products and Exports Company and the Ceylon Ceramics Corporation are the four institutions to be restructured.
The Ministry is currently in the process of studying the Expressions of Interest (EoIs) sent by private investors for the Kantale Sugar Company, Sri Lanka Rubber Products and Exports Company and the Ceylon Ceramics Corporation.

http://www.ft.lk/2011/09/27/govt-seeking-investor-for-kks/

swan03


Vice President - Equity Analytics
Vice President - Equity Analytics
Today GREG has a sudden up movement Smile

wiki


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@seyon wrote:ERI might take this opportunity


Govt. seeking investor for KKS

String of other PPPs in the pipeline; Paranthan to also restart next year and Rs.1.2 b investment offered

Getting enthusiastic on Public-Private Partnerships, the Sri Lankan Government is planning to resume operations at the Kankesanthurai (KKS) cement factory with private sector investments by next year after the current renovation work is completed.
The State Resources and Investment Promotions Ministry is seeking a private sector investor for the venture and is hopeful that the matter can be settled before the end of the year.

The Paranthan chemical factory is also expected to restart operations with private investment next year. These will be the first two large scale factories beginning operations in the north if plans work out as expected.
The Sri Lanka Cement Corporation has already commenced restoring the KKS cement factory while taking action to assess the quality of the stock of clinker available within the premises.
Sri Lanka Cement Corporation Chairman Sisira Paranagama noted that the corporation was currently looking at several options to resume cement production.
The factory ceased operations in 1990 when the war between the security forces and the LTTE intensified. Despite hostilities ending two years ago, the factory has remained without private investment.
The corporation had imported 36,260 metric tonnes of ordinary Portland cement in 2010 under the ‘Kankesan’ brand and sold it at prices below market prices in order to supply quality cement at affordable prices, Paranagama said.
Construction industry experts have called on the factory to be restored to full capacity to reduce dependence on imports and provide cement at reasonable prices. They insist that the venture would provide encouragement to Sri Lanka’s Rs. 250 million building industry.
The State Resources and Investment Promotions Ministry is also planning a string of other PPPS including an Rs. 600 million Australian investor for the Embilipitiya paper factory.
A total of Rs. 1.2 billion has been offered for four loss-making State-owned enterprises that the Government is hoping to restructure with the help of private investors. The Government is in the process of restructuring 23 State enterprises and the first phase included four enterprises.
The Embilipitiya Paper Corporation, Kantale Sugar Company, Sri Lanka Rubber Products and Exports Company and the Ceylon Ceramics Corporation are the four institutions to be restructured.
The Ministry is currently in the process of studying the Expressions of Interest (EoIs) sent by private investors for the Kantale Sugar Company, Sri Lanka Rubber Products and Exports Company and the Ceylon Ceramics Corporation.

http://www.ft.lk/2011/09/27/govt-seeking-investor-for-kks/
Any particular reason ...... other than GREG has money from sale of platinum

seyon


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@wiki wrote:
Any particular reason ...... other than GREG has money from sale of platinum

Well these guys are looking for the other investment, as u said GREG has 2Bn fund from sale of ERIL, part of that used for the CLPL warrant conversion ( So CLPL also has about 1.2Bn)

Now Govet seeking the investors to KKS Cement, Kantale Sugar Company, Sri Lanka Rubber Products and Exports Company and the Ceylon Ceramics Corporation. GREG scope also investing in loss making companies, so there might be some chances for the GREG to consider one of these companies. Further can see some political influence GREG has due to some senior govt officers are in GREG board. there is smell on this

Will see the action of the GREG.

swan03


Vice President - Equity Analytics
Vice President - Equity Analytics
I dont think we could ever hear the good news on GREG Sad

sriranga

sriranga
Co-Admin
@swan03 wrote:I dont think we could ever hear the good news on GREG Sad

Please read this
http://forum.srilankaequity.com/t12379-disgraced-eri-sees-profits-fall

http://sharemarket-srilanka.blogspot.co.uk/

swan03


Vice President - Equity Analytics
Vice President - Equity Analytics
@sriranga wrote:
@swan03 wrote:I dont think we could ever hear the good news on GREG Sad

Please read this
http://forum.srilankaequity.com/t12379-disgraced-eri-sees-profits-fall

Thanks Mr. Sri. Just went through on the link. It seems the result is bad.

FXX

FXX
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
there are some rumors about GREG crossing, any news guys

Sponsored content


Back to top  Message [Page 7 of 8]

Go to page : Previous  1, 2, 3, 4, 5, 6, 7, 8  Next

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