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Sri Lanka Equity Forum » Stock Market Talk » Good News for #GRAN Lovers

Good News for #GRAN Lovers

Go down  Message [Page 1 of 1]

1 Good News for #GRAN Lovers on Tue Aug 30, 2016 4:53 pm

ONTHEMONEY


Manager - Equity Analytics
Manager - Equity Analytics
Hi Guys!

Good News for #GRAN Lovers! JAFPA has sold its quantities

JAFPA holding in GRAN as at 30.06.2016 [as per Q2 statement] 
 3,887,527
6.48%
GRAN Foreign Holding as at 01.08.201639,793,79766.32%
GRAN Foreign Holding as at 30.08.201635,957,99859.93%
Change in Foreign Holding Movement [Shares Sold]3,835,7996.39%
I guess the nightmare is over! We can experience some aggressive buying until it is settled in short run. Hope all have collected as recommended by many.

Good Luck

2 Re: Good News for #GRAN Lovers on Tue Aug 30, 2016 5:15 pm

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@ONTHEMONEY wrote:Hi Guys!

Good News for #GRAN Lovers! JAFPA has sold its quantities

JAFPA holding in GRAN as at 30.06.2016 [as per Q2 statement] 
 3,887,527
6.48%
GRAN Foreign Holding as at 01.08.201639,793,79766.32%
GRAN Foreign Holding as at 30.08.201635,957,99859.93%
Change in Foreign Holding Movement [Shares Sold]3,835,7996.39%
I guess the nightmare is over! We can experience some aggressive buying until it is settled in short run. Hope all have collected as recommended by many.

Good Luck


I seen some foreign buying also. I think all sold now.

3 Re: Good News for #GRAN Lovers on Tue Aug 30, 2016 9:03 pm

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
JAFPA was the main factor which caused for halting & delaying the GRAN uptrend. It's exit at the time of industry growth is peculiar. GRAN price rising depends on JAFPA future plans with their holdings. Once their intervention is over GRAN will reach its real value faster.

4 Re: Good News for #GRAN Lovers on Tue Aug 30, 2016 10:10 pm

bullseye

avatar
Manager - Equity Analytics
Manager - Equity Analytics
what is jafpa?

5 Re: Good News for #GRAN Lovers on Tue Aug 30, 2016 10:15 pm

EquityChamp

avatar
Moderator
@bullseye wrote:what is jafpa?

One of the major shareholder who was selling the stake on the market. With today's volumes it is estimated that Japfa has completely exit from GRAN and a new strategic investor has entered into stock. Signs are good for massive upmove in short term as well as medium term.

6 Re: Good News for #GRAN Lovers on Wed Aug 31, 2016 2:03 pm

NZ BOY

avatar
Moderator
They are excellent if they push today more retail selling around 100 they push sell orders around 95 collecting nicely

7 Re: Good News for #GRAN Lovers on Fri Sep 02, 2016 11:00 am

NZ BOY

avatar
Moderator
Should be pass 100 today

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