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PCH what is happening?

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PCH what is happening?

Post by aiyosalli on Mon Jul 01, 2013 12:50 pm

WHAT IS HAPPENING WILL IT GO BELOW 1/-

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Re: PCH what is happening?

Post by Lalindra on Mon Jul 01, 2013 1:41 pm

@aiyosalli wrote:WHAT IS HAPPENING WILL IT GO BELOW 1/-

I thought someone said this was a hidden gem.Shocked 

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Re: PCH what is happening?

Post by chat1028 on Mon Jul 01, 2013 2:08 pm

PCH has closed down their operations in Kandy and Kurunegala.
Please analyse this before you invest in this.

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Re: PCH what is happening?

Post by aiyosalli on Mon Jul 01, 2013 2:12 pm

Who is selling at the moment? Any information

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Re: PCH what is happening?

Post by chat1028 on Mon Jul 01, 2013 2:20 pm

May be top 20 list disposing their quantities

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Re: PCH what is happening?

Post by sharekhan on Mon Jul 01, 2013 2:34 pm

Kegalle also PCH closed down

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Re: PCH what is happening?

Post by stockmania on Mon Jul 01, 2013 2:38 pm

Is it open in Unity plaza? If every thing is closed no any business.  affraid affraid

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Re: PCH what is happening?

Post by stockmania on Mon Jul 01, 2013 2:53 pm

I was waiting to buy at 0.5. But now I think it will not worth even at that price What a Face  What a Face  What a Face

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Re: PCH what is happening?

Post by dudi on Mon Jul 01, 2013 2:57 pm

Poor PCH share holders.ultimately what will happen to them?can someone explain?

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Re: PCH what is happening?

Post by rainmaker on Mon Jul 01, 2013 3:00 pm

I remember one so called long term investor bought a hell of a lot at 12/- 

He is still planning on riding the wave Razz 

That's why these brokers get it wrong ... you can buy more quantities when the stock bottoms out rather than riding the wave.

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Re: PCH what is happening?

Post by Market.Player on Mon Jul 01, 2013 3:30 pm

http://www.cse.lk/cmt/upload_report_file/961_1370002346.pdf

Employees Provident Fund - Holding 7,549,485 shares

Orient Garments PLC - Holding 4,564,797 shares

Pan Asia Banking Corporation PLC/Lankem Ceylon PLC -1,249,775

Sri Lanka Insurance Corporation Ltd-Life Fund - 876,700

Bank Of Ceylon A/C Ceybank Unit Trust - 495,760

HSBC Intl Nom Ltd-Ubs Ag Singapore Branch (Ex Sbc) - 486,400

J.B. Cocoshell (Pvt) Ltd - 446,850

What happen to them...?????


Last edited by Market.Player on Mon Jul 01, 2013 3:36 pm; edited 2 times in total (Reason for editing : Spelling Correction)

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Re: PCH what is happening?

Post by WWDNF on Mon Jul 01, 2013 4:06 pm

PCH is run by a bunch of absolute rogues (top to bottom-bar none). I too got cheated by them. They only have 2 shops left at Unity Plaza. All others have closed down. Please be ultra careful if you are investing in their shares although I must admit that I did make a killing (more than 100% gain) from it around Jan 2011. Given the current scenario, I doubt this can give you gains as in the past.

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Re: PCH what is happening?

Post by balapas on Mon Jul 01, 2013 5:31 pm

Their website gone missing http://www.pch.lk/

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Re: PCH what is happening?

Post by Rajitha on Mon Jul 01, 2013 6:10 pm

ROFL!
I can still remember the old days people here posting how great this share is and how it will make 5 bags when share was trading even at 20s!
Well people who are still riding waves and bought it for those 5-10 year long term investments will definitely get its worth!

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Re: PCH what is happening?

Post by KDDND on Mon Jul 01, 2013 6:27 pm

@WWDNF wrote:PCH is run by a bunch of absolute rogues (top to bottom-bar none).  I too got cheated by them.  They only have 2 shops left at Unity Plaza.  All others have closed down.  Please be ultra careful if you are investing in their shares although I must admit that I did make a killing (more than 100% gain) from it around Jan 2011.  Given the current scenario, I doubt this can give you gains as in the past.

I appreciate your comment!
it is kind of fair one...but meaningful warning!
but for some this may be too late while for others ... time is correct!
Thx WWDNF!

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Re: PCH what is happening?

Post by stockmania on Mon Jul 01, 2013 8:09 pm

@balapas wrote:Their website gone missing http://www.pch.lk/

Don't they have money to even maintain their website ? affraid affraid 

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Re: PCH what is happening?

Post by Chinwi on Mon Jul 01, 2013 8:14 pm

@Market.Player wrote:http://www.cse.lk/cmt/upload_report_file/961_1370002346.pdf

Employees Provident Fund - Holding 7,549,485 shares

Orient Garments PLC - Holding 4,564,797 shares

Pan Asia Banking Corporation PLC/Lankem Ceylon PLC -1,249,775

Sri Lanka Insurance Corporation Ltd-Life Fund - 876,700

Bank Of Ceylon A/C Ceybank Unit Trust - 495,760

HSBC Intl Nom Ltd-Ubs Ag Singapore Branch (Ex Sbc) - 486,400

J.B. Cocoshell (Pvt) Ltd - 446,850

What happen to them...?????

Forget about individuals.

Why EPF, SLIC, Ceybank are there in that list?  

Who were the dumb officials responsible for buying this crap ?
Who decided on what basis and after which kind of analysis to buy this share ?

ලොකු ලොකු CFA වැනි පට්ටම් තානාන්තර එක්ක ඔය තැන්වල  රිංග ගෙන ජනතා මුදල්   එක්ක  සෙල්ලම් කරන උන්නැහේලා හරි හමන් කොටස් තෝරාගන්න දන්නේ නැත්  නම් අඩු ගානේ මේ ෆෝරම් එක බලල ඉගෙන ගන්න තිබුන .

අපි කීදෙනෙක් මේකේ ඇඟිලි කැඩෙනකම්  ඔය කෙහෙල්මල ගන්න එපා කියල හේතු එක්ක ලිව්වද .

7 million EPF is definitely a fraudulent interaction between some individuals.

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Re: PCH what is happening?

Post by Redbulls on Mon Jul 01, 2013 8:20 pm

@Chinwi wrote:
@Market.Player wrote:http://www.cse.lk/cmt/upload_report_file/961_1370002346.pdf

Employees Provident Fund - Holding 7,549,485 shares

Orient Garments PLC - Holding 4,564,797 shares

Pan Asia Banking Corporation PLC/Lankem Ceylon PLC -1,249,775

Sri Lanka Insurance Corporation Ltd-Life Fund - 876,700

Bank Of Ceylon A/C Ceybank Unit Trust - 495,760

HSBC Intl Nom Ltd-Ubs Ag Singapore Branch (Ex Sbc) - 486,400

J.B. Cocoshell (Pvt) Ltd - 446,850

What happen to them...?????

Forget about individuals.

Why EPF, SLIC, Ceybank are there in that list?  

Who were the dumb officials responsible for buying this crap ?
Who decided on what basis and after which kind of analysis to buy this share ?

ලොකු ලොකු CFA වැනි පට්ටම් තානාන්තර එක්ක ඔය තැන්වල  රිංග ගෙන ජනතා මුදල්   එක්ක  සෙල්ලම් කරන උන්නැහේලා හරි හමන් කොටස් තෝරාගන්න දන්නේ නැත්  නම් අඩු ගානේ මේ ෆෝරම් එක බලල ඉගෙන ගන්න තිබුන .

අපි කීදෙනෙක් මේකේ ඇඟිලි කැඩෙනකම්  ඔය කෙහෙල්මල ගන්න එපා කියල හේතු එක්ක ලිව්වද .

7 million EPF is definitely a fraudulent interaction between some individuals.

Some of the above accounts having this counter from IPO period.

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Re: PCH what is happening?

Post by Burpy on Mon Jul 01, 2013 9:11 pm

i think they have dumpted these shares on EPF and SLIC EPF has increased its stake recently. i think this should be referred to Harsha de silva Basketball 

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Re: PCH what is happening?

Post by rainmaker on Mon Jul 01, 2013 9:46 pm

@Burpy wrote:i think they have dumpted these shares on EPF  and SLIC  EPF has increased its stake recently. i think this should be referred to Harsha de silva Basketball 

 Mr Harsha " I need a loan from MBSL to buy MBSL Insurance Razz " De Silva has made massive losses on this counter. He comes under Navara Capital

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Re: PCH what is happening?

Post by manula on Tue Jul 02, 2013 2:34 am

@Rajitha wrote:ROFL!
I can still remember the old days people here posting how great this share is and how it will make 5 bags when share was  trading even at 20s!
Well people who are still riding waves and bought it for those 5-10 year long term investments will definitely get its worth!

Yes.. old days our friend was promoting PCH and BFL. But recently also some says hidden gem ..Indian company is going to buy and many stories ...Very Happy  What happen??

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Re: PCH what is happening?

Post by Burpy on Tue Jul 02, 2013 9:01 am

@rainmaker wrote:
@Burpy wrote:i think they have dumpted these shares on EPF  and SLIC  EPF has increased its stake recently. i think this should be referred to Harsha de silva Basketball 

 Mr Harsha " I need a loan from MBSL to buy MBSL Insurance Razz " De Silva has made massive losses on this counter. He comes under Navara Capital

i meant the MP Harsha de silva

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Re: PCH what is happening?

Post by rainmaker on Tue Jul 02, 2013 9:42 am

@Burpy wrote:
@rainmaker wrote:
@Burpy wrote:i think they have dumpted these shares on EPF  and SLIC  EPF has increased its stake recently. i think this should be referred to Harsha de silva Basketball 

 Mr Harsha " I need a loan from MBSL to buy MBSL Insurance Razz " De Silva has made massive losses on this counter. He comes under Navara Capital

i meant the MP Harsha de silva

Yes that is MP Harsha " I need cheap loans to set up my business " De Silva

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Re: PCH what is happening?

Post by aiyosalli on Tue Jul 02, 2013 10:08 am

Huge selling is going at 1.50/-. only Reshan has 150Mn shares to sell.Ane mandaaaaaa

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Re: PCH what is happening?

Post by jonny on Tue Jul 02, 2013 10:11 am

What will happen to PCHH..?

jonny
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

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