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.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» Latest Financial Status and Future Outlook of SMB Finance PLC
by ChatGPT Yesterday at 11:15 pm

» Latest Financial Status and Future Outlook of Overseas Realty PLC
by ChatGPT Yesterday at 11:00 pm

» Latest Financial Status and Future Outlook of Merchant Bank of Sri Lanka & Finance PLC
by ChatGPT Yesterday at 10:55 pm

» McDonald’s අපේ නෙමෙයි අපේ බෝස්ගේ – අබාන්ස් කියයි
by ChooBoy Yesterday at 10:19 am

» AI Assistance for Stock Market Research and Analysis
by ChatGPT Yesterday at 7:12 am

» Comparative Analysis of the Insurance Sector
by God Father Tue Mar 26, 2024 11:46 pm

» Sri Lanka: Why Pay Exorbitant Taxes?
by ChatGPT Tue Mar 26, 2024 10:52 pm

» LANKA CREDIT AND BUSINESS FINANCE PLC (LCBF.N0000)
by K.R Tue Mar 26, 2024 3:15 pm

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by D.G.Dayaratne Tue Mar 26, 2024 9:11 am

» SIYAPATHA FINANACE PLC (SLFL.N0000)
by ChatGPT Tue Mar 26, 2024 7:58 am

» FINANCE AND LEASING SECTOR
by ChatGPT Mon Mar 25, 2024 6:45 am

» LOLC FINANCE PLC (LOFC.N0000)
by ChatGPT Mon Mar 25, 2024 6:36 am

» CIC HOLDINGS PLC (CIC.N0000)
by ChatGPT Mon Mar 25, 2024 6:18 am

» UNION ASSURANCE PLC (UAL.N0000)
by ChatGPT Mon Mar 25, 2024 6:15 am

» First Capital Holdings PLC: Current Financial performance and future outlook
by God Father Sun Mar 24, 2024 10:58 pm

» LankaBizz: Sri Lanka's First ever Artificially Intelligent (AI) Business and Research Assistant
by God Father Sun Mar 24, 2024 7:27 am

» HOTEL AND TRAVEL SECTOR
by ErangaDS Wed Mar 20, 2024 7:22 am

» CIC Holdings Good Times Ahead
by ashan silva Mon Mar 18, 2024 11:00 am

» EPF Fund keep eye on low P/E Shares
by K.R Mon Mar 18, 2024 8:45 am

» SINS - the Tailwind effects of a crisis hit Economy
by Hawk Eye Mon Mar 18, 2024 8:37 am

» Ceylon cold stores
by Hawk Eye Mon Mar 18, 2024 8:25 am

» Asha securities Provide buy signal for CIC
by ddrperera Fri Mar 15, 2024 1:10 am

» CSE ready for another Downtrend?
by D.G.Dayaratne Thu Mar 14, 2024 11:24 am

» LankaLAW Forum : Sri Lanka’s #1 Discussion Platform for Legal Questions and Answers
by blindhog Thu Mar 14, 2024 9:14 am

» Sri Lanka poised to benefit from demand surge for ‘non-China origin’ graphite
by samaritan Wed Mar 13, 2024 1:31 pm

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube

Disclaimer
FINANCIAL CHRONICLE™ Disclaimer

The information contained in this FINANCIAL CHRONICLE™ have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein. FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever. Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, FINANCIAL CHRONICLE™ blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

Further the writers and users shall not induce or attempt to induce another person to trade in securities using this platform (a) by making or publishing any statement or by making any forecast that he knows to be misleading, false or deceptive; (b) by any dishonest concealment of material facts; (c) by the reckless making or publishing, dishonestly or otherwise of any statement or forecast that is misleading, false or deceptive; or (d) by recording or storing in, or by means of, any mechanical, electronic or other device, information that he knows to be false or misleading in a material particular. Any action writers and users take in respect of (a),(b),(c) and (d) above shall be their own responsibility, FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental violation of securities laws of any country, damages or loss arising out of the use of this information.


AI Live Chat

You are not connected. Please login or register

kgal..Keep in touch

+2
Sudesh
kama
6 posters

Go down  Message [Page 1 of 1]

1kgal..Keep in touch Empty kgal..Keep in touch Mon Aug 29, 2011 2:17 pm

kama


Manager - Equity Analytics
Manager - Equity Analytics

I have observed that some big guy collecting KGAL @ 150 level for last couple of weeks.
every morning he put 50,000 of buy order and collects at least 10,000 of shares.

2kgal..Keep in touch Empty Re: kgal..Keep in touch Mon Aug 29, 2011 2:46 pm

Sudesh


Stock Analytic
Stock Analytic

kama wrote:I have observed that some big guy collecting KGAL @ 150 level for last couple of weeks.
every morning he put 50,000 of buy order and collects at least 10,000 of shares.

Anyone knows when they starts Arpico Insurance. As i know they have significant stake.
this may be the reason..... scratch

3kgal..Keep in touch Empty Re: kgal..Keep in touch Mon Aug 29, 2011 2:48 pm

ninja


Senior Equity Analytic
Senior Equity Analytic

true. If my memory is correct he started on the 9th Aug;
9th Aug collection was 50,000. So far he at least collected 150,000 shares. There are about 5M shares in the public holdings though. The rest of the 20M are with the top 20 shareholders. Hope they dont sell.

4kgal..Keep in touch Empty Re: kgal..Keep in touch Mon Aug 29, 2011 2:48 pm

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

kama wrote:I have observed that some big guy collecting KGAL @ 150 level for last couple of weeks.
every morning he put 50,000 of buy order and collects at least 10,000 of shares.

Yes Kama I have noticed that as well.
I'm not a big fan of plantation companies... not at all but KGAL @ 150 looks good to me.

5kgal..Keep in touch Empty Re: kgal..Keep in touch Mon Aug 29, 2011 2:49 pm

cse_investor

cse_investor
Manager - Equity Analytics
Manager - Equity Analytics

I don't think that it's collection as such, it's more about stabilizing the price and preventing further drops.

6kgal..Keep in touch Empty Re: kgal..Keep in touch Mon Aug 29, 2011 2:52 pm

ninja


Senior Equity Analytic
Senior Equity Analytic

This is mentioned in the KGAL June2011 financial report
"The Company invested in 22.5 mn ordinary shares at Rs. 10.00 per share of Arpico Insurance Ltd in June 2011 (A new Insurance
Company established under the ʺArpicoʺ brand) at Rs. 225 mn. As a result, Arpico Insurance Ltd is treated as an Associate Company
with voting rights of 45% and is in conformity with Section 185 (1) (a) of the Companies Act No. 7 of 2007."

Source: http://cse.lk/cmt/upload_report_file/711_1313139996503.pdf

7kgal..Keep in touch Empty Re: kgal..Keep in touch Mon Aug 29, 2011 2:59 pm

laka

laka
Senior Equity Analytic
Senior Equity Analytic

kama wrote:I have observed that some big guy collecting KGAL @ 150 level for last couple of weeks.
every morning he put 50,000 of buy order and collects at least 10,000 of shares.

KGAL is one of the hidden jem in CSE

Its Last Qtr EPS around Rs1. But if we remove O/B Adjustment of Gratuity Provision.
Their Recurrng EPS would be Rs 6. Then Annualized is Rs 25.

So he might be collecting on long term basis.

8kgal..Keep in touch Empty Re: kgal..Keep in touch Mon Aug 29, 2011 3:03 pm

laka

laka
Senior Equity Analytic
Senior Equity Analytic

cse_investor wrote:I don't think that it's collection as such, it's more about stabilizing the price and preventing further drops.

Will some one collect 50,000 parcels to just stabilize certain share or prevent further drop ?? Do you think so ?? If so he should be related party. Maybe Dr.S.Y. Rolling Eyes



Last edited by laka on Mon Aug 29, 2011 3:08 pm; edited 1 time in total

9kgal..Keep in touch Empty Re: kgal..Keep in touch Mon Aug 29, 2011 3:05 pm

cse_investor

cse_investor
Manager - Equity Analytics
Manager - Equity Analytics

@laka

Not only do I think so, I know so for sure. Not specifically about KGAL, but with other stocks, hence my suspicion. 50k shares at Rs 150 is a "mere" 7.5m, that's nothing for a HNWI or larger corporation. You are right though, it's most likely a related party.

10kgal..Keep in touch Empty Re: kgal..Keep in touch Fri Sep 02, 2011 3:14 pm

cse_investor

cse_investor
Manager - Equity Analytics
Manager - Equity Analytics

http://www.cse.lk/cmt/upload_cse_announcements/7501314701326_.pdf

Sponsored content



Back to top  Message [Page 1 of 1]

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