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Sri Lanka Equity Forum » Stock Market Talk » KZOO TRADING PRICE OF RIGHTS

KZOO TRADING PRICE OF RIGHTS

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1 KZOO TRADING PRICE OF RIGHTS on Tue Jun 06, 2017 8:57 am

Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
3 million rights out of that major potion is owned by Renuka Group., with the split 100 for 1, pending this Right shares will trade over 100/=. at present normal share trading over 900/=. Today it might trade over 1000/=,  Rights @ 520/=., 

this is my view.

I would like to get experts analysis on this.

Rights will be trading from 13th June.

2 Re: KZOO TRADING PRICE OF RIGHTS on Tue Jun 06, 2017 9:46 am

niru


Manager - Equity Analytics
Manager - Equity Analytics

3 Re: KZOO TRADING PRICE OF RIGHTS on Tue Jun 06, 2017 2:53 pm

bakapandithaya

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
Can have a healthy profit with this for sure

4 Re: KZOO TRADING PRICE OF RIGHTS on Tue Jun 06, 2017 3:02 pm

Hanoifortune

avatar
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
This is a loss making small shop. who will waste the money on this?

5 Re: KZOO TRADING PRICE OF RIGHTS on Tue Jun 06, 2017 4:31 pm

ruwan326

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Eugine, How many shares you bought????

6 Re: KZOO TRADING PRICE OF RIGHTS on Tue Jun 06, 2017 4:37 pm

thankrishan


Manager - Equity Analytics
Manager - Equity Analytics
Risky!!!

7 Re: KZOO TRADING PRICE OF RIGHTS on Tue Jun 06, 2017 4:41 pm

ruwan326

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@thankrishan wrote:Risky!!!
Soon kazoo will be Renuka capital PLC and Renuka group is reliable.

8 Re: KZOO TRADING PRICE OF RIGHTS on Wed Jun 07, 2017 6:49 am

Hanoifortune

avatar
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@ruwan326 wrote:
@thankrishan wrote:Risky!!!
Soon kazoo will be Renuka capital PLC and Renuka group is reliable.
last year total sale  was 11,400,000/-, the loss 16,788,000/- .


Is it a great company? I think matara Bath kade sale could be higher than this.

9 Re: KZOO TRADING PRICE OF RIGHTS on Wed Jun 07, 2017 6:51 am

ruwan326

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Hanoifortune wrote:
@ruwan326 wrote:
@thankrishan wrote:Risky!!!
Soon kazoo will be Renuka capital PLC and Renuka group is reliable.
last year total sale  was 11,400,000/-, the loss 16,788,000/- .


Is it a great company? I think matara Bath kade sale could be higher than this.
What you have to say about Renuka capital PLC???????

10 Re: KZOO TRADING PRICE OF RIGHTS on Wed Jun 07, 2017 6:57 am

Hanoifortune

avatar
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@ruwan326 wrote:
@Hanoifortune wrote:
@ruwan326 wrote:
@thankrishan wrote:Risky!!!
Soon kazoo will be Renuka capital PLC and Renuka group is reliable.
last year total sale  was 11,400,000/-, the loss 16,788,000/- .


Is it a great company? I think matara Bath kade sale could be higher than this.
What you have to say about Renuka capital PLC???????

Not a great company. The prices move when the owner want to make money only.

11 NO MORE KAZOO.N on Wed Jun 07, 2017 7:19 am

ruwan326

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Hanoifortune wrote:
@ruwan326 wrote:
@Hanoifortune wrote:
@ruwan326 wrote:
@thankrishan wrote:Risky!!!
Soon kazoo will be Renuka capital PLC and Renuka group is reliable.
last year total sale  was 11,400,000/-, the loss 16,788,000/- .


Is it a great company? I think matara Bath kade sale could be higher than this.
What you have to say about Renuka capital PLC???????

Not a great company. The prices move when the owner want to make money only.
That is why it is under Renuka Holdings. Very Happy Very Happy Very Happy
https://cdn.cse.lk/cmt/uploadAnnounceFiles/1231496663655_732.pdf
https://cdn.cse.lk/cmt/uploadAnnounceFiles/8021475839994_.pdf
https://cdn.cse.lk/cmt/uploadAnnounceFiles/4391472732357_732.pdf

12 RENUKA HOLDINGS on Wed Jun 07, 2017 7:25 am

ruwan326

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@ruwan326 wrote:
@Hanoifortune wrote:
@ruwan326 wrote:
@Hanoifortune wrote:
@ruwan326 wrote:
@thankrishan wrote:Risky!!!
Soon kazoo will be Renuka capital PLC and Renuka group is reliable.
last year total sale  was 11,400,000/-, the loss 16,788,000/- .


Is it a great company? I think matara Bath kade sale could be higher than this.
What you have to say about Renuka capital PLC???????

Not a great company. The prices move when the owner want to make money only.
That is why it is under Renuka Holdings. Very Happy Very Happy Very Happy
https://cdn.cse.lk/cmt/uploadAnnounceFiles/1231496663655_732.pdf
https://cdn.cse.lk/cmt/uploadAnnounceFiles/8021475839994_.pdf
https://cdn.cse.lk/cmt/uploadAnnounceFiles/4391472732357_732.pdf
If you like to check the future of KAZOO,

https://www.investing.com/equities/renuka-holdings-financial-summary Very Happy

13 Re: KZOO TRADING PRICE OF RIGHTS on Wed Jun 07, 2017 9:20 am

Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@ruwan326 wrote:Eugine, How many shares you bought????
Ruwan I bought 100 shares. so I am entitle for 6000 Rights.

14 Can you trust on Wed Jun 07, 2017 9:40 am

ruwan326

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Eugine Fernando wrote:
@ruwan326 wrote:Eugine, How many shares you bought????
Ruwan I bought 100 shares. so I am entitle for 6000 Rights.
Good, 1.Any wild guesses before right what would be the Normal price?
2. Price before subdivision Shocked ?
3.can you trust this data? on https://www.investing.com/equities/kalamazoo-systems-technical

15 Re: KZOO TRADING PRICE OF RIGHTS on Wed Jun 07, 2017 9:58 am

Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@ruwan326 wrote:
@Eugine Fernando wrote:
@ruwan326 wrote:Eugine, How many shares you bought????
Ruwan I bought 100 shares. so I am entitle for 6000 Rights.
Good, 1.Any wild guesses before right what would be the Normal price?
2. Price before subdivision Shocked ?
3.can you trust this data? on https://www.investing.com/equities/kalamazoo-systems-technical
I have no idea about the data, but I know Renuka Group is a well organized company, definitely they will bring this company to a profit making one.

16 NO MORE KAZOO.N on Wed Jun 07, 2017 10:07 am

ruwan326

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Eugine Fernando wrote:
@ruwan326 wrote:
@Eugine Fernando wrote:
@ruwan326 wrote:Eugine, How many shares you bought????
Ruwan I bought 100 shares. so I am entitle for 6000 Rights.
Good, 1.Any wild guesses before right what would be the Normal price?
2. Price before subdivision Shocked ?
3.can you trust this data? on https://www.investing.com/equities/kalamazoo-systems-technical
I have no idea about the data, but I know Renuka Group is a well organized company, definitely they will bring this company to a profit making one.

RHL Financial Summary

 

For the nine months ended 31 December 2016, Renuka Holdings Ltd revenues increased 6% to LKR6.33B. Net income applicable to common stockholders increased from LKR213M to LKR728.4M. Revenues reflect Automotive segment increase from LKR0K to LKR367.6M, FMCG segment increase of 11% to LKR2.94B. Net income benefited from Other Operating Income increase from LKR85.9M to LKR520.3M (income).

Agreed. So if you bought it after the storm @600/= try to hold till the end. It is clear that some party want to keep the KAZOO down. But in the future Renuka capital PLC will be a better investment.

17 Re: KZOO TRADING PRICE OF RIGHTS on Wed Jun 07, 2017 10:36 am

Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@ruwan326 wrote:
@Eugine Fernando wrote:
@ruwan326 wrote:
@Eugine Fernando wrote:
@ruwan326 wrote:Eugine, How many shares you bought????
Ruwan I bought 100 shares. so I am entitle for 6000 Rights.
Good, 1.Any wild guesses before right what would be the Normal price?
2. Price before subdivision Shocked ?
3.can you trust this data? on https://www.investing.com/equities/kalamazoo-systems-technical
I have no idea about the data, but I know Renuka Group is a well organized company, definitely they will bring this company to a profit making one.

RHL Financial Summary



 
   
For the nine months ended 31 December 2016, Renuka Holdings Ltd revenues increased 6% to LKR6.33B. Net income applicable to common stockholders increased from LKR213M to LKR728.4M. Revenues reflect Automotive segment increase from LKR0K to LKR367.6M, FMCG segment increase of 11% to LKR2.94B. Net income benefited from Other Operating Income increase from LKR85.9M to LKR520.3M (income).

Agreed. So if you bought it after the storm @600/= try to hold till the end. It is clear that some party want to keep the KAZOO down. But in the future Renuka capital PLC will be a better investment.
definitely I will hold it, some party is trying to control the price, but only around 7000 shares in the market., they can puss to any amount they want. and also subdivision 100 for 1 very interesting, will wait and see.  Very Happy Very Happy

18 out of Order books on Wed Jun 07, 2017 11:09 am

ruwan326

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Eugine Fernando wrote:
@ruwan326 wrote:
@Eugine Fernando wrote:
@ruwan326 wrote:
@Eugine Fernando wrote:
@ruwan326 wrote:Eugine, How many shares you bought????
Ruwan I bought 100 shares. so I am entitle for 6000 Rights.
Good, 1.Any wild guesses before right what would be the Normal price?
2. Price before subdivision Shocked ?
3.can you trust this data? on https://www.investing.com/equities/kalamazoo-systems-technical
I have no idea about the data, but I know Renuka Group is a well organized company, definitely they will bring this company to a profit making one.

RHL Financial Summary





 
   
For the nine months ended 31 December 2016, Renuka Holdings Ltd revenues increased 6% to LKR6.33B. Net income applicable to common stockholders increased from LKR213M to LKR728.4M. Revenues reflect Automotive segment increase from LKR0K to LKR367.6M, FMCG segment increase of 11% to LKR2.94B. Net income benefited from Other Operating Income increase from LKR85.9M to LKR520.3M (income).

Agreed. So if you bought it after the storm @600/= try to hold till the end. It is clear that some party want to keep the KAZOO down. But in the future Renuka capital PLC will be a better investment.
definitely I will hold it, some party is trying to control the price, but only around 7000 shares in the market., they can puss to any amount they want. and also subdivision 100 for 1 very interesting, will wait and see.  Very Happy Very Happy
If you check the order books, all the low selling out of order books just to keep the price down Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy .

19 Re: KZOO TRADING PRICE OF RIGHTS on Wed Jun 07, 2017 11:46 am

venura


Senior Equity Analytic
Senior Equity Analytic
From the rights issue co will get lot of cash. What is the impact of this to the performance of the co?

20 Re: KZOO TRADING PRICE OF RIGHTS on Thu Jun 08, 2017 1:59 pm

Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@venura wrote:From the rights issue co will get lot of cash. What is the impact of this to the performance of the co?
RENUKA GROUP KNOWS HOW TO USE THE RIGHTS FUND, MOST OF THE FUND COMING FROM THEM, SO THEY WON`T USE THAT MONEY FOR NOTHING., THEY WILL USE IT IN A PROFESSIONAL WAY.

21 Re: KZOO TRADING PRICE OF RIGHTS on Thu Jun 08, 2017 2:03 pm

ruwan326

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Eugine Fernando wrote:
@venura wrote:From the rights issue co will get lot of cash. What is the impact of this to the performance of the co?
RENUKA GROUP KNOWS HOW TO USE THE RIGHTS FUND, MOST OF THE FUND COMING FROM THEM, SO THEY WON`T USE THAT MONEY FOR NOTHING., THEY WILL USE IT IN A PROFESSIONAL WAY.
Soon kazoo name will vanish. How about we start focusing  Renuke capital PLC ? Shocked Shocked

22 Re: KZOO TRADING PRICE OF RIGHTS on Thu Jun 08, 2017 2:14 pm

venura


Senior Equity Analytic
Senior Equity Analytic
what is the possibility for turning the current loss making co into a company with PAT of 50Mn (approx 5% of the rights total value)



Last edited by venura on Thu Jun 08, 2017 2:21 pm; edited 1 time in total

23 Re: KZOO TRADING PRICE OF RIGHTS on Thu Jun 08, 2017 2:19 pm

EquityChamp

avatar
Moderator
Renuka Group is a well organized group but they are very disorganized when it comes to treating shareholders. lol!

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