DJ & NP buy 5% of PCH shares

windi5 · 1 DJ & NP buy 5% of PCH shares Fri Aug 19, 2011 1:18 am

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Advertiser turned investor Dilith Jayaweeera and seasoned investor Nimal Perera are believed to have collectively bought 10 million shares or 5 percent of PC House PLC from its Chairman S.H.M Rishan.

Nimal Perera and Dilith Jayaweera invested in10 million PCH shares, each at 20.

As per June 30, 2011 financial statements of PCH, Rishan has 154,505,00 shares while S.S Rishan, Director has 17,170,00 shares.

During the day, 20.2 million PCH shares traded and apart from the 10 million sell down by Rishan, 9, 482, 400 PCH shares traded in a single trade at Rs.20 per share.

PCH share yesterday opened at Rs.18.60 and closed at Rs.20.20. The highest price the stock traded during the day was Rs.21.30.

econ · 2 Re: DJ & NP buy 5% of PCH shares Fri Aug 19, 2011 3:43 am

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PCH Chairman SHM Rishan has sold a five percent stake in the company to Dilith Jayaweera and Nimal Perera. The five percent stake made up of 10 million shares was sold at Rs 20 a share.

PCH offers computers and accessories, office automation, audiovisual equipment, printing solutions, software solutions and consumer electronics and other IT related products to Sri Lankan customers for a long time.

Recently, Finco Group also sold its 51 percent controlling stake in Orient Garments Limited to PCH Holdings for Rs 600 million. The 51 percent stake made up of 28.5 million shares sold at Rs 21.50.

At the moment PCH is on a massive expansion drive to expand its presence in Sri Lanka in keeping with its Initial Public Offering(IPO). PCH will expand its 100 seat BPO facility in Colombo upto a 1,000 seat BPO facility before the end of 2012 with a Rs 300 million investment.

The company has 35 showrooms and will inject Rs 50 million to set up five branches within this year.

http://www.dailynews.lk/2011/08/19/bus04.asp

econ · 3 Re: DJ & NP buy 5% of PCH shares Fri Aug 19, 2011 3:45 am

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we may see a run on PCH.. two of big guys in the market bought shares of PCH.

dragz · 4 Re: DJ & NP buy 5% of PCH shares Fri Aug 19, 2011 5:05 am

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Is it to0 late to enter?

sajeethk · 5 Re: DJ & NP buy 5% of PCH shares Fri Aug 19, 2011 6:34 am

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will it go up cos of this trade.. or Rishan need money to get some more share of OLG.. Question

RDS · 6 Re: DJ & NP buy 5% of PCH shares Fri Aug 19, 2011 7:15 am

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If both there we should extreamly careful

windi5 · 7 Re: DJ & NP buy 5% of PCH shares Fri Aug 19, 2011 8:21 am

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defa share will go up.

econ · 8 Re: DJ & NP buy 5% of PCH shares Fri Aug 19, 2011 9:07 am

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lets pray DJ and NP manipulate this share. Very Happy

BullMarket · 9 Re: DJ & NP buy 5% of PCH shares Fri Aug 19, 2011 9:22 am

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Hope for the best. Pleeeasssssseeeee manipulate !!!!!!!! bounce

maalinda · 10 Re: DJ & NP buy 5% of PCH shares Fri Aug 19, 2011 9:24 am

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Well advertised buy... will this be another pump and dump ? be careful guys ? NP and DJ both love quick gains Very Happy

seyon · 11 Re: DJ & NP buy 5% of PCH shares Fri Aug 19, 2011 9:27 am

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See the order book

sapumal · 12 Re: DJ & NP buy 5% of PCH shares Fri Aug 19, 2011 11:03 am

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Lot of tradings going on. It is still 11AM but trading has jumped to 4000. Price band could be imposed base on number of trades

lbnnirmal · 13 Re: DJ & NP buy 5% of PCH shares Fri Aug 19, 2011 12:25 pm

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Lot of trading happening most probably PCH also bull run on next week

lbnnirmal · 14 Re: DJ & NP buy 5% of PCH shares Fri Aug 19, 2011 12:32 pm

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Hay can some one explain whether we can expect another run again as early on 2011 Look at this graph seams it will be

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DJ & NP buy 5% of PCH shares

1 DJ & NP buy 5% of PCH shares Fri Aug 19, 2011 1:18 am

windi5

2 Re: DJ & NP buy 5% of PCH shares Fri Aug 19, 2011 3:43 am

econ

3 Re: DJ & NP buy 5% of PCH shares Fri Aug 19, 2011 3:45 am

econ

4 Re: DJ & NP buy 5% of PCH shares Fri Aug 19, 2011 5:05 am

dragz

5 Re: DJ & NP buy 5% of PCH shares Fri Aug 19, 2011 6:34 am

sajeethk

6 Re: DJ & NP buy 5% of PCH shares Fri Aug 19, 2011 7:15 am

RDS

7 Re: DJ & NP buy 5% of PCH shares Fri Aug 19, 2011 8:21 am

windi5

8 Re: DJ & NP buy 5% of PCH shares Fri Aug 19, 2011 9:07 am

econ

9 Re: DJ & NP buy 5% of PCH shares Fri Aug 19, 2011 9:22 am

BullMarket

10 Re: DJ & NP buy 5% of PCH shares Fri Aug 19, 2011 9:24 am

maalinda

11 Re: DJ & NP buy 5% of PCH shares Fri Aug 19, 2011 9:27 am

seyon

12 Re: DJ & NP buy 5% of PCH shares Fri Aug 19, 2011 11:03 am

sapumal

13 Re: DJ & NP buy 5% of PCH shares Fri Aug 19, 2011 12:25 pm

lbnnirmal

14 Re: DJ & NP buy 5% of PCH shares Fri Aug 19, 2011 12:32 pm

lbnnirmal

15 Re: DJ & NP buy 5% of PCH shares

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