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Sri Lanka Equity Forum » Stock Market Talk » KZOO ... KZOO ...Stock Buy Back underway ?

KZOO ... KZOO ...Stock Buy Back underway ?

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1 KZOO ... KZOO ...Stock Buy Back underway ? on Tue Oct 17, 2017 12:55 pm

equityhunter

equityhunter
Equity Analytic
Equity Analytic
I just got a news some one inside from KZOO ( Renuka Capital ) , they are considering a stock buyback.apparently that is with a purpose of paying considerable dividend to the investors.According to the source of information it's likely to be 1: 5 as a proportion.
More over , Renuka's earning per share has considerably high as the KZOO right issue went so profitable and generated huge finance to the company ,they are considering this dividend payment.

Can Some one cross check this please .....?

Namal


Senior Equity Analytic
Senior Equity Analytic
collection going on @ 5.3 level..

Elahara

Elahara
Manager - Equity Analytics
Manager - Equity Analytics
@Namal wrote:collection going on @ 5.3 level..
Yes.... Is it stock Buy back ?  Surprised

The Hunter

The Hunter
Equity Analytic
Equity Analytic
So... KZOO will move up  Shocked Shocked Shocked

Casanova


Stock Analytic
Stock Analytic
Who buy back? I'm not think it. But KZOO will go up caz of their investments? It will show in Quarterly FS this time.

Namal


Senior Equity Analytic
Senior Equity Analytic
There cannot be a share buy back.. KZ00 NAV increase day by day as the current market uptreand.. BE CAUTIOUS....

The Hunter

The Hunter
Equity Analytic
Equity Analytic
@Namal wrote:There cannot be a share buy back.. KZ00 NAV increase day by day as the current market uptreand.. BE CAUTIOUS....
Still stagnating though  Rolling Eyes Rolling Eyes

Namal


Senior Equity Analytic
Senior Equity Analytic
What ever quantity sell someone collect it by placing sell orders around 5.5-5.6..

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