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Sri Lanka Equity Forum » Stock Market Talk » PCH what is happening?

PCH what is happening?

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1 PCH what is happening? on Mon Jul 01, 2013 12:50 pm

aiyosalli

avatar
Manager - Equity Analytics
Manager - Equity Analytics
First topic message reminder :

WHAT IS HAPPENING WILL IT GO BELOW 1/-


26 Re: PCH what is happening? on Tue Jul 02, 2013 2:34 am

manula


Vice President - Equity Analytics
Vice President - Equity Analytics
@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??

27 Re: PCH what is happening? on Tue Jul 02, 2013 9:01 am

Burpy


Senior Equity Analytic
Senior Equity Analytic
@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

28 Re: PCH what is happening? on Tue Jul 02, 2013 9:42 am

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@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

29 Re: PCH what is happening? on Tue Jul 02, 2013 10:08 am

aiyosalli


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

30 Re: PCH what is happening? on Tue Jul 02, 2013 10:11 am

jonny


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
What will happen to PCHH..?

31 Re: PCH what is happening? on Tue Jul 02, 2013 10:45 am

manula


Vice President - Equity Analytics
Vice President - Equity Analytics
@aiyosalli wrote:Huge selling is going at 1.50/-. only Reshan has 150Mn shares to sell.Ane mandaaaaaa

who is buying the PCH is the question..

32 Re: PCH what is happening? on Tue Jul 02, 2013 11:09 am

Monster

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@stockmania wrote:
@balapas wrote:Their website gone missing http://www.pch.lk/

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

Website for Greenwich lanka, a subsidiary company of PCH, also not working.
http://www.greenwichlanka.com/

33 Re: PCH what is happening? on Tue Jul 02, 2013 1:10 pm

janakatk

avatar
Senior Equity Analytic
Senior Equity Analytic
Any news bout their accounts ?

34 Re: PCH what is happening? on Tue Jul 02, 2013 1:18 pm

janakatk

avatar
Senior Equity Analytic
Senior Equity Analytic

4 Employees Provident Fund 7,549,485 3.30 - -

6 Orient Garments PLC 4,564,797 2.00 - -
7 Pan Asia Banking Corporation PLC/Lankem Ceylon PLC 1,249,775 0.55 810,400 0.35

10 Sri Lanka Insurance Corporation Ltd-Life Fund 876,700 0.38 876,700 0.38

15 Bank Of Ceylon A/C Ceybank Unit Trust 495,760 0.22 - -
16 HSBC Intl Nom Ltd-Ubs Ag Singapore Branch (Ex Sbc) 486,400 0.21 386,400 0.17


this is top 20 as at 31.03.2013,
let's see Audit report for any going concern issue ......

35 Re: PCH what is happening? on Wed Jul 03, 2013 8:23 am

Teller

avatar
Moderator
I know one thing actually., mr..Rishan loosed because if CSE, He couldn't understand value stocks. Invested in highly over value sticks. Some time I feel he is a manipulator . OGL,PCHH,pch made a drama to destroy investors . I feel he had a huge loss by investing GREG. When PCh story begins they issue the share at 11. There were the market leader in IT industry. They created lot if stories like restricting plans,business process outsourcing,diversifying ,IT city ,etc..I personally visited pc house branches but customer service is so poor. Items are costly than other competitors .

36 Re: PCH what is happening? on Wed Jul 03, 2013 8:32 am

malanp


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
person who bought a PC from PC house will never buy from them again.
person who bought PCH share, will never invest in CSE again

37 Re: PCH what is happening? on Wed Jul 03, 2013 8:40 am

Harry82

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
I am waiting until Rs .80 cents.

38 Re: PCH what is happening? on Wed Jul 03, 2013 9:23 am

KDDND

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Harry82 wrote:I am waiting until Rs .80 cents.

hee hee...
0.80cent is good value for today or yesterday....
but in coming days...
80cents is TOO MUCH!!!

if it comes to 10 cents... I may through some money on it and forget it

Very Happy Very Happy Very Happy Very Happy 

39 Re: PCH what is happening? on Wed Jul 03, 2013 9:24 am

Harry82

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Today may trade Rs 1.00??

40 Re: PCH what is happening? on Wed Jul 03, 2013 9:26 am

Harry82

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Most of their branches are closed.

41 Re: PCH what is happening? on Wed Jul 03, 2013 9:33 am

jonny

avatar
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
What happened to this Indian bugger who was suppose to invest in PCH....??

42 Re: PCH what is happening? on Wed Jul 03, 2013 9:41 am

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Can you remember PCH 10m shares sold at 20. So Rishan got around 200 m at that time.
For me his dedication is already paid off............And his business was not that sustainable since any body can import these accessories and distribute. He didnt build any brand name like Softlogic . But he tried heavily to diversify but sorry still not. May be he have started under another name................



Last edited by Arena on Wed Jul 03, 2013 9:55 am; edited 1 time in total

43 Re: PCH what is happening? on Wed Jul 03, 2013 9:48 am

UKboy

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Arena wrote:Can you remember PCH 10m shares sold at 20. So Rishan got around 200 m at that time.

So his dedication is already paid off............

Hmmm yeah I think Nimal bought it from him n dump the shares on retailers at around 22-23. It was an unexpected yet a clever move from him

44 Re: PCH what is happening? on Wed Jul 03, 2013 9:56 am

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Yep Nimal bout at 21.50 and we bought at 22-23 from him.......ha ha
I also bought at 22.50 and sold 21...................

45 Re: PCH what is happening? on Wed Jul 03, 2013 10:06 am

Takecharge


Manager - Equity Analytics
Manager - Equity Analytics
is there still a possibility to make a profit, make a profit if u buy lower than 1.20 now ?

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