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Teller, The Great Manipulator Of HEXP

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Teller, The Great Manipulator Of HEXP

Post by Miss-Sangeetha on Fri Jan 13, 2017 12:21 pm

First topic message reminder :

They have clearly mentioned in their announcement that the transaction is non recurrent transaction, that’s mean can’t be included in the EPS calculation.

 And further more this is similar to related parties transaction; here purchaser is ALUMEX PLC is a subsidiary of the parent company, Hayleys.

https://cdn.cse.lk/cmt/upload_cse_announcements/4901484047847_.pdf

And some of the directors are also common or represent for both companies (Refer their announcement) and the transaction price also determined on their own interest / intension, this price cannot be considered as the market value or price and this is not reflecting the HEXP’s business performances.

This is merely for outsider view; some companies are doing this type of transaction before their borrowing or right issue purposes

If one brother sells his land to his own sister for 1000 Sri Lankan rupees or 500 million Sri lankan rupees there may be so many implied intension in their transaction, in this first case if they wants to avoid the taxation they will use the Rs.1000/- option or if they have any borrowing intension they will go for second potion 500 millions, in both cases these are not the market price only for outsiders view with purpose.     

Here Teller after placing more than 1800 advertisement for Illiquid HEXP and sucked new comers blood money, once again trying another ride on others back for the sake of his boss Bartleet,

 Bartleet, after dumping huge quantities of HEXP on retailers head on HEXP’s first run, stopped their activities after heavy pressure from outside, now Teller wants to reopen the second run on behalf of Bartleet to dump HEXP on others head at high price.

My article might have provoked some people those who already fallen on Tellers trap, have to escape from HEXP and compel to support the Tellers HEXP theory      
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Re: Teller, The Great Manipulator Of HEXP

Post by Rifanmoh on Sat Jan 14, 2017 6:30 pm

Miss-Sangeetha wrote:Common directors mean not healthy bargaining in this transaction, all coming in under Hayleys purview, and so called independent assessment/ valuation also question mark, appointed by whom or Puppet of whom ?.

Compare to the surrounding place land value, this transaction of land value is extra ordinary high value with huge difference, any how this is Haleys internal decision because they can reach any amount of value and buyers and sellers are same persons under within the Hayleys purview and sharing common directors.

Due to this transaction Hayleys ALUMEX PLC’s total Fixed Asset /land asset value as well as Hayleys HEXP so called profit in land sale of HEXP also increasing in inflated value that is two mangoes in one stone without any efforts and simple way of transaction

Some are even talking about one off dividend payment to share holders from this land sale proceeds

Any prudent concept following accountant or board of directors won’t allow the land sale proceeds to distribute as dividend with considerable proportion of land sale proceeds.

Hayleys ALUMEX PLC’s 420 Million going to be transferred to Hayleys HEXP’s Land disposal account but how sincerely they are going to spend on investment from this land sales proceeds is an another question mark, in the middle of incoming news of right issue of HEXP within three months is an another doldrums. If this right issue talk of HEXP is true, then this transaction will greatly helpful to them.    
Because of this transaction, Hayles PLC's asset value or profit will never increase even by a cent. So there is ultimately no benefit to Hayleys. So how two mangoes in one stone?


If the price HEXP got for its land is considerably higher than surrounding land value, isn't it good for HEXP?? Higher the price higher the profit. 


I discussed the possibility of one off dividend as the least possible option to do with the cash profit of Rs. 200 Mn +. If the Board has no feasible investment opportunities, then they must give it to shareholders as dividends. If Hayleys, the parent, is in need of cash, then you can't eliminate the chance of one off dividend.


But the Board has clearly mentioned  in the related party transaction note released recently, that they have an investment opportunity to use the cash on. 

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Re: Teller, The Great Manipulator Of HEXP

Post by Rifanmoh on Sat Jan 14, 2017 6:49 pm

Chinwi wrote:

Both Rifanmoh and ifenny are doing good analysis.
Thank you.


Rifanmoh wrote:Why do you worry about what the management will do with the cash??. If they pay off debt. the company becomes debt free and can avoid interest cost and improve profit immediately. Even after paying off the debt, they will still be left with huge cash balance.

If they pay a one off dividend, isn't it good for shareholders??


I think there is something to concern.  
If trading price increased beyond NAV due to millions in cash ,  as emphasized by someone in another thread ,   what will happen if they drain that cash by giving a big dividend ?  The share should  shrink back to original level.

That is why we should think about real cash in books and trading price especially when a company has considerably higher cash portion in assets.  If trading price go over the real asset level then we may steps into risk zone.  

I saw many people evaluating JKH Warrant prices time to time using various accepted formulas but what happened at the end?

Zero debt is also not 100% good if interest rates are reasonably low.
Could see your level of experience in your view. 

It's obvious that the share price will go back to its original value after the possible one off dividend. But one should not miss to see the point that the shareholders any way will get the price difference paid as dividend. So no loss to the shareholders. 

This possible one off dividend is not comparable with share warrants. Here all shareholders are treated equally. 

The Board will decide whether to pay off the debt, only if it's in the best interest of the company. If they think the debt is cheap now, then they will hold on to it. 

Remember that the interest rates at all time highs now considering past few years.

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Re: Teller, The Great Manipulator Of HEXP

Post by worthiness on Sat Jan 14, 2017 8:47 pm

Well, if the loan had been taken sometimes back with fixed interest rate (not variable) the rate should have been very low comparing to that of current.

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Re: Teller, The Great Manipulator Of HEXP

Post by Rifanmoh on Sat Jan 14, 2017 9:20 pm

The borrowing of Rs. 89 Mn something is entirely short term loans most of which are O/D from HNB at a rate of LIBOR+4.25%. This variable rate doesn't look so cheap to hold on while such a cash surplus is in hand. Note that interest expenses for the half year was around Rs. 4 Mn which is around 49% of the operating profit. It's a viable decision to settle the loan fully. By this the PAT will increase by atleast 11%.

I repeat, 

The Board will decide whether to pay off the debt, only if it's in the best interest of the company. If they think the debt is cheap now, then they will hold on to it. 

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Re: Teller, The Great Manipulator Of HEXP

Post by Miss-Sangeetha on Sun Jan 15, 2017 10:50 pm

Teller wrote:Really interesting discussions are going on. Thanks Sangeetha for opening the thread. now no  one can hide the HEXP hidden value. We can see Rs
100 break out with  in days or two.

 If your left hand transferred 420 Million to your right hand, will you beat the drum as a very good transaction with huge profit? What is the purpose that the HEXP mentioned honestly about the word “subsidiary companies of Hayleys” and “common directors” in their announcements?  Your PV inner system possibly fabricated storey and how many peoples in the world accessible to your PV inner bullish?

Earlier when The Capital Trust dump JKHW00023 on retails head or Acuity stock brokers dump ALHP on retailers head or even your Bartleet stockers dump HEXP at 96, Have they claimed their responsibility? Or were their Name in company’s first ten share holders list? They had used only third party’s account to dump on others head

I reiterate or reaffirm any prudent concept following accountant or board of directors won’t allow the land sale proceeds to distribute as dividend with considerable proportion of land sale proceeds.

No point in arguing with fake recently opened ID profile with zero or one, two reputation point and less than 20 post, they are coming here for the course of HEXP and disappear or reborn with new ID profile after the manipulation of HEXP.

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Re: Teller, The Great Manipulator Of HEXP

Post by Rifanmoh on Sun Jan 15, 2017 11:44 pm

Such a negative mind you have Sangeetha. I honestly don't know if any manipulation were done by any members in the past. 

But I am looking only at the current potential of this stock and I have explained how in my every reply above. You might point out if there were any misleading information. But it seems you couldn't. So that you come with a paint fake IDs.

Since you have no any values placed at this stock, I wonder why you waste so much time on this topic.

I am new to this forum so my statistics will be in line with that. 

God bless you.

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Re: Teller, The Great Manipulator Of HEXP

Post by Chinwi on Mon Jan 16, 2017 12:05 am

Rifanmoh wrote:
Chinwi wrote:



I think there is something to concern.  
If trading price increased beyond NAV due to millions in cash ,  as emphasized by someone in another thread ,   what will happen if they drain that cash by giving a big dividend ?  The share should  shrink back to original level.

That is why we should think about real cash in books and trading price especially when a company has considerably higher cash portion in assets.  If trading price go over the real asset level then we may steps into risk zone.  

Could see your level of experience in your view. 

It's obvious that the share price will go back to its original value after the possible one off dividend. But one should not miss to see the point that the shareholders any way will get the price difference paid as dividend. So no loss to the shareholders. 


Wrong or you did not get my idea.

I tried to say there should be no premium in trading price for amount of cash it has.

if not,  dividend < price difference  = loss
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Re: Teller, The Great Manipulator Of HEXP

Post by Rifanmoh on Mon Jan 16, 2017 12:30 am

Chinwi wrote:
Rifanmoh wrote:
Chinwi wrote:



I think there is something to concern.  
If trading price increased beyond NAV due to millions in cash ,  as emphasized by someone in another thread ,   what will happen if they drain that cash by giving a big dividend ?  The share should  shrink back to original level.

That is why we should think about real cash in books and trading price especially when a company has considerably higher cash portion in assets.  If trading price go over the real asset level then we may steps into risk zone.  

Could see your level of experience in your view. 

It's obvious that the share price will go back to its original value after the possible one off dividend. But one should not miss to see the point that the shareholders any way will get the price difference paid as dividend. So no loss to the shareholders. 


Wrong or you did not get my idea.

I tried to say there should be no premium in trading price for amount of cash it has.

if not,  dividend < price difference  = loss
My point was based on the profit earned that's about to be published. Not the cash balance. 

To put it simple, the shareholders' wealth has increased by Rs. 25 per share because of the cash profit Rs. 200mn + generated. If the information on this profit was not already absorbed into the last Tuesday price, then the share price should go up approximately by this Rs. 25.

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Re: Teller, The Great Manipulator Of HEXP

Post by Miss-Sangeetha on Thu Jan 19, 2017 2:35 pm

This is our Honorable Teller said on July 27, year 2016



This is our Honorable Teller said on Sep 05, year 2016



This is our Honorable Teller said on October 3, Year 2016
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Re: Teller, The Great Manipulator Of HEXP

Post by Teller on Fri Jan 20, 2017 10:42 am

We recommend HEXP from 50 levels so those who trusted us are real winners. There is no doubt at all as we promised HEXP will be touched 130/ levels.
Current market scenarios effected overall market sentiment that's thereason our target took some time.
How ever HEXP is the golden share we should accumilate at this stage.
GL
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Re: Teller, The Great Manipulator Of HEXP

Post by Rifanmoh on Fri Jan 20, 2017 10:53 am

It seems the Market did not understand/get attention of the huge profit that has been recorded in the books of HEXP.

Await the quarterly financial to reveal the reality. I am a professionally qualified Accountant working as an Accountant at one of the blue chip companies in Sri Lanka. There is no any doubt on the cash profit of Rs. 200 Mn + because of the sale of the land.

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Re: Teller, The Great Manipulator Of HEXP

Post by Miss-Sangeetha on Fri Jan 20, 2017 12:25 pm

Teller wrote:We recommend HEXP from 50 levels so those who trusted us are real winners. There is no doubt at all as we promised HEXP will be touched 130/ levels.
Current market scenarios effected overall market sentiment that's thereason our target took some time.
How ever HEXP is the golden share we should accumilate at this stage.
GL

First of all you were not recommended the HEXP at Rs.50, that is Karuna the first person recommended the HEXP at Rs.45 after the HEXP share price collapsed due to value added tax rumors and panic, in the middle you hijacked the HEXP on behalf of your boss Bartleet. Now Karuna masquerading as Rosa maria, Wisdom 78 and Wisdom79.
CSE has more than 15 trading members including your boss Bartleet, They have their own research department for shares, in addition to this, lot of local as well as foreign banks and high net worth institutional investors are also participating in CSE daily, and they don’t know or understand the  golden value of HEXP? Or Are they blind enough, unable to catch your golden share HEXP?
Here you portrayed transaction between two subsidiaries of Hayleys with sharing common directors as a great sale of land in the history of CSE.
 If the so called independent valuator, valued HEXP land value as Rs.200 million and if Hayleys subsidiary ALMEX PLC, sharing common directors, willing to pay 420million to HEXP another subsidiary of Hayleys, Could the independent valuator block the transaction?
https://cdn.cse.lk/cmt/upload_cse_announcements/4901484047847_.pdf

Usually some companies are doing this type of transaction to enlarge their books value of fixed asset or Cash asset prior to their right issue, here the incoming news of HEXP right issue within 4 months also confirming their transaction purpose.

After deliberate enlarged land value transaction than surrounding place land value for the right issue purposes, no one can expect one off cash dividend from this transaction.
 Last time they offered beggar’s dividend of Cents 50, that too subject to taxation.
I have the fellow membership of then The Charted Institute of Management Accountants of UK        
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Re: Teller, The Great Manipulator Of HEXP

Post by Rifanmoh on Fri Jan 20, 2017 1:02 pm

Who said the land was valued at 200 Mn by independent valuer?? It's 420 Mn. Did you check past annual reports where you would see how the market value of this property has been moving.

Ok your point is that the price the land transaction was executed at is significantly higher than true value. My question is how this can be a negative effect to HEXP?. If the price you got as seller Is high, then why it is bad?

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Re: Teller, The Great Manipulator Of HEXP

Post by Chinwi on Fri Jan 20, 2017 1:54 pm

Only one question I have.

If they - HEXP and ALUMex were not related to each other , not managed by same people, would ALUMex pay this unusual amount to HEXP for a 8 acre land ?

People are taking about a big profit. ALUMex collected 800 million from public at IPO 2 years ago and now HAYL change owner's name of a land and transfer 400 million from ALUMex to HEXP .

If they give a big dividend then will money go back to the Public ?
No ! to the pockets of main shareholders of HEXP .

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Re: Teller, The Great Manipulator Of HEXP

Post by Rifanmoh on Fri Jan 20, 2017 2:15 pm

Chinwi wrote:Only one question I have.

If they - HEXP and ALUMex were not related to each other , not managed by same people, would ALUMex pay this unusual amount  to HEXP for a 8 acre land  ?  

People are taking about  a big profit.  ALUMex collected  800 million from public at IPO 2 years ago and now HAYL change owner's name of a land and transfer 400 million from ALUMex to HEXP .

If they give a  big dividend then  will money go back to the Public ?
No ! to the pockets of main shareholders of HEXP .

Obviously No!. But then who is the loser? Buyer or seller?

HAYL doesn't own 100 % stake at HEXP. HAYL gets benefited, so do the other shareholders!


Last edited by Rifanmoh on Fri Jan 20, 2017 2:18 pm; edited 2 times in total (Reason for editing : Spell correction)

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Re: Teller, The Great Manipulator Of HEXP

Post by Ryan Hudson on Fri Jan 20, 2017 2:45 pm

What is this ? Supreme court of sri lanka with lot of lawyers, debates should be fruitful, the land has been valued by licensed valuer, so no loss to either party, its win win

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Re: Teller, The Great Manipulator Of HEXP

Post by Rifanmoh on Fri Jan 20, 2017 3:00 pm

Ryan Hudson wrote:What is this ? Supreme court of sri lanka with lot of lawyers, debates should be fruitful, the land has been valued by licensed valuer, so no loss to either party, its win win
This is what I have been telling. It was a arms length transaction. But people come with their valuation skills and say that, the value of the land was too high.

So I ask them if the price paid by ALUM to HEXP is high, why it is bad for HEXP?

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Re: Teller, The Great Manipulator Of HEXP

Post by Chinwi on Fri Jan 20, 2017 3:29 pm

From the beginning my argument was this is bad for minority shareholders of Alumex. They lose their money. That's all.
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Re: Teller, The Great Manipulator Of HEXP

Post by Rifanmoh on Fri Jan 20, 2017 3:44 pm

Chinwi wrote:From the beginning my argument was this is bad for minority shareholders of Alumex. They lose their money.  That's all.

You are correct.

It is bad for ALUM if it paid an unnecessary premium to acquire this land.

It is extra good for HEXP if there was such an unusually high premium included in the price. But however the extra premium could not be more than 50 Mn. As reported in every annual report, the annual movement in the market value of this property justifies the price Rs. 420 Mn.

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Re: Teller, The Great Manipulator Of HEXP

Post by ifenny on Fri Jan 27, 2017 2:23 pm

After reading all these arguments, I still believe it is too early to predict price movement of both HEXP and ALUM based on land transaction until it is clear to public shareholders that what HEXP is going to do with the money and what is ALUM is going to do with the land.
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Re: Teller, The Great Manipulator Of HEXP

Post by Chinwi on Fri Jan 27, 2017 3:50 pm

Rifanmoh wrote:
Chinwi wrote:From the beginning my argument was this is bad for minority shareholders of Alumex. They lose their money.  That's all.

You are correct.

It is bad for ALUM if it paid an unnecessary premium to acquire this land.

It is extra good for HEXP if there was such an unusually high premium included in the price. But however the extra premium could not be more than 50 Mn. As reported in every annual report, the annual movement in the market value of this property justifies the price Rs. 420 Mn.


Small clarification.

I still want to explain  more for sake of business minded people to indicate how I build my argument.

They are paying 420 million for 8 acres of land to build a factory. i.e. 52 million per acre.
If they are developing a residential park then it is justifiable.  

If I build this factory I will go few kms away and buy a land paying 20 million.

NOW , I will direct you to resent news of Horana Tyre factory.
To defy accusations done by Hon. Rajitha Senarathne MP, another cabinet minister Hon. Malik Samarawickrama today disclosed the valuation details of the land.

“The statement that the land was given for Rs.100/- per Acre is incorrect.

In fact, the Government Chief Valuer had valued the land at Rs. 170,825,000/- and the investor has agreed to pay the total amount upfront.”

For 100 acres the valuation is 170 million.

i.e.  1 acre is 17 laks. 10,600 per perch. This seems to be a fair price. If this is an undeveloped bare land.

Now, we can compare ,
One company pays 420 million to buy 8 acres
another company pays 170 million to buy 100 acres.

Both for same purpose.

This is what I wanted to emphasize .  Minority shareholders screwed.  Extra premium is over 400 million.
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Re: Teller, The Great Manipulator Of HEXP

Post by stockback on Fri Jan 27, 2017 5:29 pm

me manussaiayata therenne naha.

Ekala kiyanne Factory zone ekak. ehema hama thanama factory danna baha. specialy Yakada sahitha anshu wathayata muda harina nisa. e factory special zone ekaki karanne.

mama inne ekala kittuwen. ape paththe perch ekak yana gana api dannawa. nikan moda katha kiyanna epa.

Alumex eke anith share holderslata usawi yanna puluwan. ehema case ekak dala nahane. 51% thibunai kiyala hama transaction ekakma karanna baha....

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Re: Teller, The Great Manipulator Of HEXP

Post by Rifanmoh on Fri Jan 27, 2017 5:34 pm

@Chinwi

400 Mn premium? LOL

Don't compare Apple with Orange.

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Re: Teller, The Great Manipulator Of HEXP

Post by Rifanmoh on Thu Feb 02, 2017 4:34 pm

Q3 Financials are released. While there is excellent improvement in the profits, the company also has disclosed on the profit earned (Capital Gain) with regard to the sale of land in a note to the accounts.


Events occurring after the Reporting Date
The Company disposed its Ekala Property to Alumex PLC (which is a subsidiary of Hayleys PLC) at a consideration of Rs.420,000,000/=. Deed of transfer was executed on 10th January 2017 subsequent to the reporting date.
This had been approved by the shareholders at the EGM held on 27th of July 2016. The gain on disposal of above property amounts to Rs. 215,000,000.

https://cdn.cse.lk/cmt/upload_report_file/768_1486027854496.pdf

This has been disclosed as the transaction was executed after the end of the Q3. This profit will be included in the Q4 financials.

As i have been repeatedly arguing that a profit per share above Rs. 25 has been earned due to the sale, now it is evident that profit of Rs. 26.875 per share has been actually disclosed. Divide Rs. 215 Mn by number of shares 8 Mn.

This profit is a permanent addition to NAV. So now think of the PBV of 1.38. So the share price is capable of going up by (1.38*26.875) Rs. 37. This is around Rs. 120

The company's cash position has drastically improved to Rs. 150 Mn even even before the sale the land. With the sale of land cash per share to stand at Rs. 71.25. This provides an opportunity for a huge one off dividend unless the Board has plans to reinvest the cash in the business.

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Re: Teller, The Great Manipulator Of HEXP

Post by Chinwi on Fri Feb 03, 2017 9:50 am

Rifanmoh wrote:Q3 Financials are released. While there is excellent improvement in the profits, the company also has disclosed on the profit earned (Capital Gain) with regard to the sale of land in a note to the accounts.


This has been disclosed as the transaction was executed after the end of the Q3. This profit will be included in the Q4 financials.

As i have been repeatedly arguing that a profit per share above Rs. 25 has been earned due to the sale, now it is evident that profit of Rs. 26.875 per share has been actually disclosed. Divide Rs. 215 Mn by number of shares 8 Mn.

Your calculations are correct. Agreed.

This profit is a permanent addition to NAV. So now think of the PBV of 1.38. So the share price is capable of going up by (1.38*26.875) Rs. 37. This is around Rs. 120

The company's cash position has drastically improved to Rs. 150 Mn even even before the sale the land. With the sale of land cash per share to stand at Rs. 71.25. This provides an opportunity for a huge one off dividend unless the Board has plans to reinvest the cash in the business.

You multiply 26.875 by PBV 1.38 to get 37/-

I understood it but my way is different. I do not multiply cash by PBV if a company has a big % of assets as cash. Because cash is cash.

IF they give big dividend they cannot give PBV increase.

26.875 x 1.38 = 37/-
If 26.857 given as dividend, you get 26.875 +
0  x 1.38 = 0

---

If they use this cash to buy an income generating property or do value addition to existing business then the story is different.
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Re: Teller, The Great Manipulator Of HEXP

Post by Rifanmoh on Fri Feb 03, 2017 10:00 am

26.875+0*1.38=26.875

Not Zero as you indicated

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Re: Teller, The Great Manipulator Of HEXP

Post by fireshelter on Mon Feb 06, 2017 1:36 am

Very Happy
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Re: Teller, The Great Manipulator Of HEXP

Post by Miss-Sangeetha on Tue Mar 14, 2017 9:53 am

Miss-Sangeetha wrote:Common directors mean not healthy bargaining in this transaction, all coming in under Hayleys purview, and so called independent assessment/ valuation also question mark, appointed by whom or Puppet of whom ?.

Compare to the surrounding place land value, this transaction of land value is extra ordinary high value with huge difference, any how this is Haleys internal decision because they can reach any amount of value and buyers and sellers are same persons under within the Hayleys purview and sharing common directors.

Due to this transaction Hayleys ALUMEX PLC’s total Fixed Asset /land asset value as well as Hayleys HEXP so called profit in land sale of HEXP also increasing in inflated value that is two mangoes in one stone without any efforts and simple way of transaction

Some are even talking about one off dividend payment to share holders from this land sale proceeds

Any prudent concept following accountant or board of directors won’t allow the land sale proceeds to distribute as dividend with considerable proportion of land sale proceeds.

Hayleys ALUMEX PLC’s 420 Million going to be transferred to Hayleys HEXP’s Land disposal account but how sincerely they are going to spend on investment from this land sales proceeds is an another question mark, in the middle of incoming news of right issue of HEXP within three months is an another doldrums. If this right issue talk of HEXP is true, then this transaction will greatly helpful to them.    


The HEXP has announced the great dividend of Rs.1.50, after the great land sale.

http://www.cse.lk/home/company-info/HEXP.N0000/announcements

 In year 2015 HEXP offered beggar’s dividend of Cents 30 subject to Tax. In year 2016 HEXP offered beggar’s dividend of Cents 50 that too subject to tax.

Now HEXP offered the dividend of Rs1.50, considering their forth coming Right issue saga but, that too subject to 10% tax

For Teller this is nothing, to divert the tension he is going to talk about next quarter result or future investment plan with this great land sale profit.

 Teller’s only concern is how to dump his boss’s huge remaining quantity of HEXP on others head.

It is regret to note most of them, after falling on Tellers trap, turning as Tellers strong supporters to escape from HEXP, to dump they are cheating that they were bought HEXP at low price and sold at high price and now they are waiting to buy, but real reason is to dump their quantity on others head and escape.

Land sale is Hayleys internal transfer; the so called Teller’s huge profit is, mere to show in documents for outsiders to attract successful right issue purposes.

 Now Teller’s boss earned huge profit, and Teller also received few percentage of profit from his boss for his successful arrangement of scapegoat from this forum.

 And few people also escaped with small profit. Example Tellers henchman Hiransilva23 but all others lost so many millions.

HEXP’s real value is below Rs.65/- after the right issue it will be below Rs.50/- is reality. Some so called expert will come to explain with rogue upward trend graph or with PV inner imaginary analysis that is only knows to Teller in the world.  
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Re: Teller, The Great Manipulator Of HEXP

Post by anjelo on Tue Mar 14, 2017 12:37 pm

Miss-Sangeetha wrote:
Teller wrote:Really interesting discussions are going on. Thanks Sangeetha for opening the thread. now no  one can hide the HEXP hidden value. We can see Rs
100 break out with  in days or two.

 If your left hand transferred 420 Million to your right hand, will you beat the drum as a very good transaction with huge profit? What is the purpose that the HEXP mentioned honestly about the word “subsidiary companies of Hayleys” and “common directors” in their announcements?  Your PV inner system possibly fabricated storey and how many peoples in the world accessible to your PV inner bullish?

Earlier when The Capital Trust dump JKHW00023 on retails head or Acuity stock brokers dump ALHP on retailers head or even your Bartleet stockers dump HEXP at 96, Have they claimed their responsibility? Or were their Name in company’s first ten share holders list? They had used only third party’s account to dump on others head

I reiterate or reaffirm any prudent concept following accountant or board of directors won’t allow the land sale proceeds to distribute as dividend with considerable proportion of land sale proceeds.

No point in arguing with fake recently opened ID profile with zero or one, two reputation point and less than 20 post, they are coming here for the course of HEXP and disappear or reborn with new ID profile after the manipulation of HEXP.
so true sangeetha.... well said
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Re: Teller, The Great Manipulator Of HEXP

Post by Miss-Sangeetha on Thu Mar 16, 2017 3:07 pm

Rifanmoh wrote:It seems the Market did not understand/get attention of the huge profit that has been recorded in the books of HEXP.

Await the quarterly financial to reveal the reality. I am a professionally qualified Accountant working as an Accountant at one of the blue chip companies in Sri Lanka. There is no any doubt on the cash profit of Rs. 200 Mn + because of the sale of the land.

Just before the HEXP official announcement of great land sale Mr.Rifanmoh opened his ID profile called “Rifanmoh” for the cause of HEXP.


He even claimed himself as “ I am a professionally qualified Accountant working as an Accountant one of the Blue Chip companies in Sri Lanka”



This is similar to Idi Amin Ex-President of Uganda declared himself president through Military coup and decorated himself with all available qualification behind his name Or quack Doctors cheating and posing before the villagers as a Doctor


Here we can’t proof whether Mr.Rifanmoh is an Accountant or Eggcountant. But for the cause of manipulation they are ready to go down any level.
Mr.Rifanmoh, after 43 strong HEXP supporting posts, disappeared or reborn with new ID profile after seeing the HEXP reality.
But some of the intelligent experts in this forum even taking this as a challenge, that is "if these share doses not reach this price level, I will quit this forum". How nice is this? Usually quitting the forum (that is coming again with new ID profile), for this others should lose their life savings. They are our so called great experts in this forum.
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