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Sri Lanka Equity Forum » Stock Market Talk »  KALAMAZOO Going for a Right Issue @520 60 FOR 1

KALAMAZOO Going for a Right Issue @520 60 FOR 1

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visvajith


Equity Analytic
Equity Analytic
KALAMAZOO (KZOO.N0000) GOING FOR RIGHT ISSUE 60 FOR 1


PLEASE GIVE YOUR COMMENTS


https://www.cse.lk/cmt/upload_cse_announcements/1421473076086_.pdf

vic19

avatar
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
has any one seen the purpose of this right issue ?

to make eqity investment in " renuka investments ltd "

this means taking our money to invest " within their own renuka group "

already renuka group pay less to their share holders .

why cant they realise their investments in Renuka hotels and use it.

be cautios with this rights.

these are the companies who mob up available liquid cash in the market to " kill the upward trend in the CSE "

I hope and pray the SEC will take this into consideration and reject this right issue application in full.

what you all think ???

thanks

Gainer

avatar
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@vic19 wrote:has any one seen the purpose of this right issue ?

to make eqity investment in  " renuka investments ltd "

this means taking our money to invest  " within their own renuka group "

already renuka group pay less to their share holders .

why cant they realise their investments in Renuka hotels and use it.

be cautios with this rights.

these are the companies who mob up available liquid cash in the market to  " kill the upward trend in the CSE "

I hope and pray the SEC will take this into consideration and reject this right issue application in full.

what you all think ???

thanks
Yes you are correct, should be reject this rights issue.

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