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  • EAST Dirty buggers noh.

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    • It looks like this share is going to his sky high like YORK. Beta value will reduce in coming days and weeks. It is going to be manipulated like anything. This unusual trading patter is very familiar to me.

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      • Originally posted by LukeDeSilva View Post
        EAST Dirty buggers noh.
        Not sure if the suppressing was a deliberate attempt or just being naive by the BoD.
        This is not acceptable.

        Very hard to find well managed companies that are run by decent personnel.

        Lets be honest, transparent and responsible to the SH at the top and the bottom.
        "The best values today are often found in the stocks that were once hot and have since gone cold"

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        • Can we expect some dividends, lots of cash piled up with the transaction. This will change the net position of CSE
          "The best values today are often found in the stocks that were once hot and have since gone cold"

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          • The biggest advantage of concluding this deal, is that company gets free cash to invest in a better project, until such time pay off some debts and invest in FDs. And also give some dividends.
            "The best values today are often found in the stocks that were once hot and have since gone cold"

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            • They will get around 3 billion Rs from this transaction. There interest bearing borrowings are around 6 Billion. Is there a reason for this share to appreciate other than manipulation?

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              • Sale of Weligama Hotel Property.pdf
                Attached Files

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                • Originally posted by sashimaal View Post
                  Sale of Weligama Hotel Property.pdf
                  OMG! Then y this share price came down today drastically? Can we expect some kind of appreciation on Tuesday? But as per my view...this is still a good counter for trading.

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                  • may be collecting by putting selling pressure or ongoing loss with massive debts
                    Technically EAST entered the bearish mode

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                    • Originally posted by SHARK View Post
                      Who knows the smart ones could be preying on the scary retailers
                      I guess this was the strategy ( of manipulatiors ). Probably a big fish got in. Anyway I thought of collecting some more, instead of shedding.

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                      • Hopefully if we get more information before Tuesday as to the borrowing position. It will be great then. So we have full information on the table. Part of the debts in my opinion could've been taken over by company and rest by Singapore company. Lets see.
                        "The best values today are often found in the stocks that were once hot and have since gone cold"

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