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Sri Lanka Equity Forum » Stock Market Talk » FINALY – BFN – TAKE OVER NEWS IS OUT OFFICIALY -DONT SELL BELOW 20 TRY TO BUY AT CURRENT 15-17 LEVELS

FINALY – BFN – TAKE OVER NEWS IS OUT OFFICIALY -DONT SELL BELOW 20 TRY TO BUY AT CURRENT 15-17 LEVELS

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kalu351


Manager - Equity Analytics
Manager - Equity Analytics
FINALY – BFN – TAKE OVER NEWS IS OUT OFFICIALY
 
READ THE THE ISLAND NWS PAPER BUSSNESS SECTION TODAY
BROKERS FINALY ADMIT THAT THE TAKE OVER NEWS IS CORRECT
JINS IS SELLING ITS LIFE @ 30 -34 RANGE
BFN IS TO BE SOLD TO A CHINESE  BANKING FIRM BETWEEN 25 -28 ...

Brokers will put fake sell orders Friday and next week to buy low 

Buyer is belived to be china merchant bank 

http://english.cmbchina.com/ 

http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=195606

Equity Suda


Senior Equity Analytic
Senior Equity Analytic
 As per The Island  "During the day 25.1 million share volumes changed hands in 4975 transactions.Janashakthi Insurance Company, Orient Finance and Softlogic Life Insurance were the most actively traded shares and among the highest gainers, the first two on takeover speculation, brokers said."


So as per the paper it is a  speculation. As per the paper there is no gurantee about the "Kalu351's" transaction.

aklt


Stock Analytic
Stock Analytic
"Takeover speculation" Emphasis must be on SPECULATION not on TAKEOVER

Equity Suda


Senior Equity Analytic
Senior Equity Analytic
කලූ ඇයි ඔයා අපිට මෙහෙම කලේ .........

https://cdn.cse.lk/cmt/upload_cse_announcements/4151544164844_.pdf

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