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AGM for PCH & PCHH

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AGM for PCH & PCHH

Post by amohamedniffraz on Tue Oct 29, 2013 11:15 am

We have an AGM of PCH & PCHH tomorrow @ SLITHM.
Will it be impact on the share prizes of those shares. I know it is one of the crap share in the market.
Even though it is a crap, i just purchased about 50,000 shares(PCH). Also, looking to purchase bit more in the near future.
I feel we may have the 100% profit in the future(may be up to 1 year).
I don't have any technical analysis with me.
But, it is one of the share less than Rs.1. So, it may have the chances.

Guys, if anyone will take part tomorrow please share the points were discussed after the meeting. Also, if you have any think to share before the meeting you are Welcome always.

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Re: AGM for PCH & PCHH

Post by Champ is Back on Wed Oct 30, 2013 10:16 am

Actually, At what time AGM for PCH is going to start???
There are some selling as well.
PCH - 12M shares in 2 trades
PCHH & PCP also in slightly Active.
If anyone participated Please share the result of the AGM today.

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Re: AGM for PCH & PCHH

Post by sriranga on Wed Oct 30, 2013 10:22 am

@Champ is Back wrote:Actually, At what time AGM for PCH is going to start???
There are some selling as well.
PCH - 12M shares in 2 trades
PCHH & PCP also in slightly Active.
If anyone participated Please share the result of the AGM today.
http://www.cse.lk/cmt/upload_cse_report_file/daily_report_726_29-10-2013.pdf

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Re: AGM for PCH & PCHH

Post by Arena on Wed Oct 30, 2013 11:34 am

How about winding up some of these comapnies....At least PCP and PCH .................Shocked Shocked 

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Re: AGM for PCH & PCHH

Post by amohamedniffraz on Wed Oct 30, 2013 2:01 pm

@Arena wrote:How about winding up some of these companies....At least PCP and PCH .................Shocked Shocked 
Ha Haa... It is also fair..

However, i just want to know who is purchased that 35M (worth of 28M) of PCH today.
Is that Dynaris Holdings??? or Is somebody purchased blindly?
That's why i got the doubt because there are really very good shares in the market to invest that Rs 28 M.
Even though it is crap, he/they thought/s to invest in these share.

As I lost few lacks in CSE i just want to recover those losses. So, i just think about 100 % profit & invest it.
We will see what will happen in the future.

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Re: AGM for PCH & PCHH

Post by Gaja on Thu Oct 31, 2013 9:44 am

Any updates from the AGM?

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Re: AGM for PCH & PCHH

Post by Hawk Eye on Thu Oct 31, 2013 12:33 pm

What has he done withe right issue.??

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Re: AGM for PCH & PCHH

Post by Monster on Thu Oct 31, 2013 6:59 pm

Rishan and other directors are still on selling side. They have sold almost 37 million shares @ 0.80 on 30-10-2013.

http://www.cse.lk/cmt/upload_cse_announcements/5071383219080_.pdf

IMHO, PCH should some down to 0.60 very soon.

@amohamedniffraz wrote:
@Arena wrote:How about winding up some of these companies....At least PCP and PCH .................Shocked Shocked 
Ha Haa... It is also fair..

However, i just want to know who is purchased that 35M (worth of 28M) of PCH today.
Is that Dynaris Holdings??? or Is somebody purchased blindly?
That's why i got the doubt because there are really very good shares in the market to invest that Rs 28 M.
Even though it is crap, he/they thought/s to invest in these share.

As I lost few lacks in CSE i just want to recover those losses. So, i just think about 100 % profit & invest it.
We will see what will happen in the future.

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Re: AGM for PCH & PCHH

Post by Champ is Back on Fri Nov 01, 2013 2:53 pm

[quote="Monster"]Rishan and other directors are still on selling side. They have sold almost 37 million shares @ 0.80 on 30-10-2013.

http://www.cse.lk/cmt/upload_cse_announcements/5071383219080_.pdf

IMHO, PCH should some down to 0.60 very soon.

That is also one of the very worst thinks on it. I can't even imagine buying, selling, buying, selling game.
At least they can try to build up the company. Bull shit Management...
We will see the reports. I don't think because it will also take about 2 more months because we got the report(end of June) by near past.

How ever, if it comes to 0.60 rs. There will be good trading opportunities...

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Re: AGM for PCH & PCHH

Post by smallville on Fri Nov 01, 2013 5:45 pm

Since owner is selling whole sale, PCH should be under a new management soon unless close down.
In the above view, price coming down to 0.60 or even 0.50 will help immensely for a short term gain.

I wanted to trade hence I bought avg 0.90 but sold at the same price with a tiny loss since the intended time for a rally seems far away.

However, in short term, this can even be a good pick (just for trading) at lower levels.

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