The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» Dividend Announcement
MTD WALKERS - KAPI - Page 3 EmptyToday at 4:34 pm by Rana

» how to access internet ?
MTD WALKERS - KAPI - Page 3 EmptyToday at 3:14 pm by CK

» SERV - The Kingsbury
MTD WALKERS - KAPI - Page 3 EmptyToday at 9:26 am by ruwan326

» LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)
MTD WALKERS - KAPI - Page 3 EmptyToday at 9:10 am by ruwan326

» සුබ පාස්කූ මංගල්ලයක් වේවා !
MTD WALKERS - KAPI - Page 3 EmptyYesterday at 7:05 pm by poor boy

» Lessons from movies
MTD WALKERS - KAPI - Page 3 EmptyTue Apr 23, 2019 8:26 am by කිත්සිරි ද සිල්වා

» DFCC.N0000 ( DFCC BANK PLC )
MTD WALKERS - KAPI - Page 3 EmptyMon Apr 22, 2019 12:38 pm by ruwan326

» Thread for News on Local and Foreign Politics
MTD WALKERS - KAPI - Page 3 EmptyMon Apr 22, 2019 4:25 am by Ethical Trader

» Happy Birthday
MTD WALKERS - KAPI - Page 3 EmptySun Apr 21, 2019 8:13 pm by Rana

» Thread for News on CSE and SL Economy
MTD WALKERS - KAPI - Page 3 EmptySun Apr 21, 2019 7:30 pm by ruwan326

» Little Known Facts !
MTD WALKERS - KAPI - Page 3 EmptySun Apr 21, 2019 9:27 am by කිත්සිරි ද සිල්වා

» හීන්බන්ඩාගේ රැකියාව ඇසූ පසු පොලිස් නෝනලාට තරු පෙනුනා
MTD WALKERS - KAPI - Page 3 EmptySat Apr 20, 2019 10:07 am by ruwan326

» HASU.N0000 (HNB ASSURANCE PLC)
MTD WALKERS - KAPI - Page 3 EmptyThu Apr 18, 2019 6:05 pm by Ethical Trader

» EAST WEST PROPERTIES PLC (EAST.N0000)
MTD WALKERS - KAPI - Page 3 EmptyThu Apr 18, 2019 6:02 pm by Ethical Trader

» අසිරිමත් සුබ නව වසරකට ආසිරි !
MTD WALKERS - KAPI - Page 3 EmptyWed Apr 17, 2019 6:33 pm by hammurabi

» SEYLAN DEVELOPMENTS PLC (CSD.N0000)
MTD WALKERS - KAPI - Page 3 EmptyFri Apr 12, 2019 8:55 am by yellow knife

» East West properties
MTD WALKERS - KAPI - Page 3 EmptyFri Apr 12, 2019 5:27 am by dhanurrox

» HHL.N0000 ( Hemas Holdings PLC)
MTD WALKERS - KAPI - Page 3 EmptyTue Apr 09, 2019 8:04 pm by NIRMALSG

» අනං මනං! #/+?.<>
MTD WALKERS - KAPI - Page 3 EmptyMon Apr 08, 2019 7:23 pm by ruwan326

» කිරි පිටි ගැන ඔබ මෙතෙක් නොදත් දේ
MTD WALKERS - KAPI - Page 3 EmptyMon Apr 08, 2019 5:31 am by Ethical Trader

» CONN.N0000
MTD WALKERS - KAPI - Page 3 EmptySun Apr 07, 2019 3:15 pm by NIRMALSG

» LION.N0000 (Lion Brewery Ceylon PLC)
MTD WALKERS - KAPI - Page 3 EmptySun Apr 07, 2019 8:52 am by ruwan326

»  5000 Post Milestone - Congratulations
MTD WALKERS - KAPI - Page 3 EmptyFri Apr 05, 2019 9:07 pm by Ethical Trader

» NTB.N0000 (NATIONS TRUST BANK PLC)
MTD WALKERS - KAPI - Page 3 EmptyFri Apr 05, 2019 1:37 pm by Ethical Trader

» Micro Finance
MTD WALKERS - KAPI - Page 3 EmptyFri Apr 05, 2019 12:14 pm by yellow knife

» REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)
MTD WALKERS - KAPI - Page 3 EmptyFri Apr 05, 2019 7:40 am by serene

» COMB.N0000 ( COMMERCIAL BANK OF CEYLON PLC )
MTD WALKERS - KAPI - Page 3 EmptyThu Apr 04, 2019 6:53 pm by NIRMALSG

» PLC.N0000 ( People's Leasing and Fiance PLC)
MTD WALKERS - KAPI - Page 3 EmptyWed Apr 03, 2019 6:04 pm by NIRMALSG

» VPEL.N0000 (VALLIBEL POWER ERATHNA PLC )
MTD WALKERS - KAPI - Page 3 EmptyWed Apr 03, 2019 3:40 pm by catseye

» SAMP.N0000 (SAMPATH BANK PLC)
MTD WALKERS - KAPI - Page 3 EmptyTue Apr 02, 2019 12:38 pm by malanp

» Sinhala Cinema
MTD WALKERS - KAPI - Page 3 EmptyTue Apr 02, 2019 12:31 pm by yellow knife

» SEYB.N0000 ( SEYLAN BANK PLC )
MTD WALKERS - KAPI - Page 3 EmptyTue Apr 02, 2019 11:23 am by Backstage

» LIOC.N0000 (Lanka IOC PLC)
MTD WALKERS - KAPI - Page 3 EmptyTue Apr 02, 2019 11:15 am by LSE

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
MTD WALKERS - KAPI - Page 3 EmptyTue Apr 02, 2019 11:11 am by Backstage

» Plantation sector updates
MTD WALKERS - KAPI - Page 3 EmptyMon Apr 01, 2019 2:13 pm by nihal123

» What to Analyse
MTD WALKERS - KAPI - Page 3 EmptyMon Apr 01, 2019 8:00 am by yellow knife

» MTD WALKERS - KAPI
MTD WALKERS - KAPI - Page 3 EmptyMon Apr 01, 2019 5:01 am by NIRMALSG

» VONE.N0000 (VALLIBEL ONE PLC)
MTD WALKERS - KAPI - Page 3 EmptySun Mar 31, 2019 6:09 pm by lanka

» In the Meantime, Within Our Shores !
MTD WALKERS - KAPI - Page 3 EmptySun Mar 31, 2019 11:22 am by කිත්සිරි ද සිල්වා

» PB. N0000 (People's Bank)
MTD WALKERS - KAPI - Page 3 EmptyFri Mar 29, 2019 5:33 pm by yellow knife

» Obituary Notice.
MTD WALKERS - KAPI - Page 3 EmptyFri Mar 29, 2019 5:07 pm by කිත්සිරි ද සිල්වා

» Re: Financial reports Q1-2019
MTD WALKERS - KAPI - Page 3 EmptyFri Mar 29, 2019 7:45 am by serene

» Save Wilpattu !
MTD WALKERS - KAPI - Page 3 EmptyThu Mar 28, 2019 1:58 pm by puliyanam

» Help him Today, so he can help another Tomorrow
MTD WALKERS - KAPI - Page 3 EmptyThu Mar 28, 2019 7:49 am by serene

» HNB.N0000 ( Hatton National Bank PLC)
MTD WALKERS - KAPI - Page 3 EmptyTue Mar 26, 2019 6:18 am by pjrngroup

» අපිට විතරද පායන්නේ ?
MTD WALKERS - KAPI - Page 3 EmptyMon Mar 25, 2019 9:06 pm by malanp

» Tourism sector
MTD WALKERS - KAPI - Page 3 EmptyMon Mar 25, 2019 5:47 pm by NIRMALSG

» Oman's Oil and Gas Minister Dr. Al Ruhmy arrives in Lanka.
MTD WALKERS - KAPI - Page 3 EmptySun Mar 24, 2019 12:11 pm by Ethical Trader

» රෝගීන් වෙනුවෙන් කැප වන සෞඛ්‍ය සේවාවක් වෙනුවෙන්.....
MTD WALKERS - KAPI - Page 3 EmptyTue Mar 19, 2019 9:34 am by AjithR

» JEWS OF SRI LANKA: AN UNTOLD STORY
MTD WALKERS - KAPI - Page 3 EmptyTue Mar 19, 2019 9:22 am by කිත්සිරි ද සිල්වා

April 2019
SunMonTueWedThuFriSat
 123456
78910111213
14151617181920
21222324252627
282930    

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

MTD WALKERS - KAPI

Page 3 of 3 Previous  1, 2, 3

Go down

MTD WALKERS - KAPI - Page 3 Empty Re: MTD WALKERS - KAPI

Post by slstock on Fri Oct 12, 2018 12:13 pm

Below comment is made to discuss/highlight  a point which is important in our investment/trading careers. No one should take anything personally

This is thread many people were interested on KAPI when it was Rs 55+.  
Several Fundamental Analysis and Technical Analysis  posts were done  by various parties.  Many good discussion came.

But at the height of enthusiasm on KAPI ( and at peak of price) , many discussion were mainly focused on positive aspects about KAPI.

There was one crazy guy named  SLS, who tried to add some balance on KAPI growth and future prospects  to tell people not to get too carried away.

If one read this thread carefully from start to end, one would note  several misunderstanding even happened with the one guy who went out of the box.  

Today KAPI is in mess and controversy trading at Rs 9.
Is anyone interested in KAPI now to discuss?


POINT : When shares are in hotness many talk about it. Anyone who talks against it will get unpopular too . But when  its trading at rock bottom, no one talks about it!

Punchline :

There are many share like KAPI trading at CSE now at rock bottom after losing 80-90% from the top!

Time to identify other gems.

PS:

1) I am making this comment  in no way to put down anyone. Kindly look at  only the fact made  ( don't take it personally  anyone)

2) Well if someone is now interested in KAPI,  it is  still in a kind of mess due to Debt issues and controversial state bank loans given. Fundamentally it too early to talk about KAPI. But trading ops do happen with this share.


Last edited by slstock on Fri Oct 12, 2018 12:48 pm; edited 1 time in total

_________________
Never listen to anyone including myself without your own study. Only few truly genuine people exist in this world.
Please read : http://forum.lankaninvestor.com/t1548-important-warning-and-message
---------
slstock
slstock
Veteran
Veteran

Posts : 5493
Join date : 2014-06-12

Back to top Go down

MTD WALKERS - KAPI - Page 3 Empty Re: MTD WALKERS - KAPI

Post by yellow knife on Fri Oct 12, 2018 12:42 pm

Very good analysis.

I have pointed out else where that you acted like the Honest Boy who dared to question the Emperor's costume.

But the tailors, The Emperors and the Wise Majority will be up in arms against the Boy.

Not only MTD Walkers, many other businesses (most unlisted) take too much debt to finance luxury lifestyle of owners.

yellow knife
Top contributor
Top contributor

Posts : 6291
Join date : 2014-03-27

Back to top Go down

MTD WALKERS - KAPI - Page 3 Empty Re: MTD WALKERS - KAPI

Post by Ethical Trader on Fri Oct 12, 2018 5:24 pm

Thanks SLS & YK.
Ethical Trader
Ethical Trader
Top contributor
Top contributor

Posts : 5097
Join date : 2014-02-28

Back to top Go down

MTD WALKERS - KAPI - Page 3 Empty Re: MTD WALKERS - KAPI

Post by PANTOMATH on Wed Jan 16, 2019 5:18 pm

Some extra ordinary trading is witnessed in the background rumor of a possible take over.
PANTOMATH
PANTOMATH

Posts : 206
Join date : 2018-10-15

Back to top Go down

MTD WALKERS - KAPI - Page 3 Empty Re: MTD WALKERS - KAPI

Post by PANTOMATH on Thu Jan 17, 2019 6:10 pm

PANTOMATH
PANTOMATH

Posts : 206
Join date : 2018-10-15

Back to top Go down

MTD WALKERS - KAPI - Page 3 Empty Re: MTD WALKERS - KAPI

Post by dhanurrox on Thu Jan 17, 2019 6:50 pm

Its funny how sec want companies to disclose sensitive information.What if there are potential deals which should be kept as secrets.In that case even if there is a potential and discussions going on the company should still lie to these crybabies.

dhanurrox

Posts : 501
Join date : 2014-03-27

Back to top Go down

MTD WALKERS - KAPI - Page 3 Empty Re: MTD WALKERS - KAPI

Post by smallville on Fri Feb 01, 2019 6:10 pm

Th ere are other shitty forums that promotes this..
Remember our Gilmart's amd Satar girl's forum? that's de Den of thieves actually.. So many new names come and promote shares left n right.. Geez Very Happy

_________________
I take risks as a Trader and I select stocks based on Tech and daily Cash in/out. Therefore, my methods may not suit u.. so DYO analysis before making any decisions.
smallville
smallville
Top contributor
Top contributor

Posts : 1775
Join date : 2014-02-23
Location : Trying to figure out..

Back to top Go down

MTD WALKERS - KAPI - Page 3 Empty Re: MTD WALKERS - KAPI

Post by ruwan326 on Fri Feb 01, 2019 7:36 pm

smallville wrote:Th ere are other shitty forums that promotes this..
Remember our Gilmart's amd Satar girl's forum? that's de Den of thieves actually.. So many new names come and promote shares left n right.. Geez Very Happy

This is one of the post I put in one of another forum Wink

MTD WALKERS - KAPI - Page 3 Goo10
ruwan326
ruwan326

Posts : 536
Join date : 2016-09-29
Age : 41

Back to top Go down

MTD WALKERS - KAPI - Page 3 Empty Re: MTD WALKERS - KAPI

Post by ruwan326 on Fri Feb 15, 2019 7:41 am

MTD Walkers face liquidation as Hayleys Group firm files winding up petition

15 February 2019


Amidst the latest legal disputes faced by MTD Walker PLC, one of its subsidiaries, Walker Sons and Company Engineers Ltd. is now faced with liquidation proceedings in the Commercial High Court of Colombo.

The Petition to wind up Walker Sons and Company Engineers was filed by a Maldivian company, Total Transport Solutions Ltd., whose ultimate parent company is Hayleys PLC. The Petitioner alleges that Walker Sons owes the Petitioner over Rs. 17 million for the crane-hiring services provided by the Petitioner to Walker Sons, for the construction of a Tank Farm in K. Funadhoo Island in the Maldives.

Counsel Avindra Rodrigo with Rozali Fernando appearing for the Petitioner supported the winding-up Petition on 6 December, and Court, having heard the submissions made by Counsel and taking into consideration the contents of the Petition, fixed the matter for inquiry on 4 April.

The notice of the winding-up Petition has been published in newspapers and Government gazettes. All parties who wish to intervene in the winding-up proceedings may give notice to the Petitioner’s Attorneys-at-Law, F.J. & G. de Saram, of their intention to intervene.

http://www.ft.lk/front-page/MTD-Walkers-face-liquidation-as--Hayleys-Group-firm-files-winding-up-petition/44-672937

Four more banks obtain enjoining orders against MTD Walkers

ruwan326
ruwan326

Posts : 536
Join date : 2016-09-29
Age : 41

Back to top Go down

MTD WALKERS - KAPI - Page 3 Empty Re: MTD WALKERS - KAPI

Post by ruwan326 on Fri Feb 22, 2019 8:33 am

MTD Walkers further enjoined till Mach 7 preventing transfer of shares

21 February 2019 


The Colombo Commercial High Court yesterday further enjoined MTD Walkers PLC, until March 7, from transferring its shares in the name of third parties. 
At the outset of the inquiry, the counsel for D.L.M. De Seram, appearing on behalf of the defendant MTD Walkers PLC of No 18, St. Michaels Road,Colombo 3, filed four proxies into those cases.
The defendant’s counsel also moved for a further date to file their objections and answers in court.Commercial High Court Judge R. Gurusinghe granted time till March 7 for the defendant to file answers and objections.


On a request made by the plaintiff’s counsel, the judge further extended the enjoining order issued on the defendant, restraining the defendant from transferring the shares of MTD Walkers PLC in the name of third parties or interfering with the shares in any other manner, until March 7.  
Four private banks had filed four separate money recovery cases in the Commercial High Court, for the recovery of loans given to MTD Walkers PLC.
The plaintiffs had pleaded the court to issue restraining orders on the defendant from transferring its shares in the names of third parties, until the adjudication of the cases against the defendant.


High Court Judge R. Gurusinghe had earlier enjoined MTD Walkers PLC with regards to the cases filed by Commercial Bank of Ceylon PLC, Seylan Bank PLC, DFCC Bank PLC and National Development Bank PLC. 
The four plaintiff banks by their petitions had claimed that the defendant company owed them money, which had been taken as loans by the defendant and not been settled with interest to this date. 


They further asserted that the defendant company is allegedly attempting to transfer its shares in the names of third parties and pleaded the court to issue permanent injunctions on the defendant, after hearing the case.
Until then, the plaintiff banks pleaded the court to issue enjoining orders on the defendant, preventing it from transferring the shares in the name of third parties or interfering with the shares of the company, until the final determination of the case. 


They also pleaded the court to issue decrees for them to recover the dues from the company.
The petitioners further pleaded to grant permanent injunction, preventing the defendant, servants, agents and all those under them from transferring any of the shares or any part thereof to any person, until the full amount paid for by the plaintiff against the defendant is made and settled.

http://www.dailymirror.lk/business-news/MTD-Walkers-further-enjoined-till-Mach-7-preventing-transfer-of-shares/273-162681
ruwan326
ruwan326

Posts : 536
Join date : 2016-09-29
Age : 41

Back to top Go down

MTD WALKERS - KAPI - Page 3 Empty Re: MTD WALKERS - KAPI

Post by Jana1 on Sun Mar 03, 2019 8:57 am

Bought at 9. Exit at 14. Regretted early exit. Knew its fate quite well, but didn't think that sooner. I was telling to the guys let us buy sooner for 3 rupees. But SEC nailed the coffin at 18, may come back and will struggle to sustain.

Similar to PC house, I guess. You cant swim naked..

Jana1
Top contributor
Top contributor

Posts : 624
Join date : 2014-02-23

Back to top Go down

MTD WALKERS - KAPI - Page 3 Empty Re: MTD WALKERS - KAPI

Post by NIRMALSG on Mon Apr 01, 2019 5:01 am

MTD Walker takeover bid: Malaysian company yet to sell its controlling stake

The Malaysian shareholder of MTD Walkers is yet to sell its 90.8 percent controlling stake of troubled construction company to Sri Lanka’s Anunine Holdings.

The Walkers share has been suspended from trading since February 13, 2019. No such controlling stake transaction took place between December 31 last year and that date, so MTD Capital Bhd of Malaysia is still the direct owner of that chunk. The business must take place through the Colombo Stock Exchange (CSE), a senior analyst said.

Anunine Holdings recently went public that it will buy the shares currently held by MTD Capital Bhd, thereby taking over MTD Walkers and its subsidiaries. The company inducted two “independent” directors into the Walkers board–Anunine Chairman Anurath Abeyratne and his son-in-law N.P. Chanaka Gayan Kalhara Hapuarachchi.

The newcomers took the place of two independent directors linked to Supreme Global Holdings–Kumaragewattage Sharm Viraj Fernando and Yogendraprasath Sathiyaseelan who joined the group at the end of December 2018. Both resigned after the Colombo Stock Exchange (CSE) rejected a bid by a company allied with Supreme Global to buy the Malaysian stake.

Supreme Pantel Investments Ltd is chaired by Supreme Global Holdings Chairman R M Manivannan. He recently informed the CSE that, after negotiations with MTD Capital Bhd, it was agreed that the controlling stake will be sold to Supreme Pantel for a consideration of US$ 9mn or Rs 10.64 per share (there are 152,183,583 shares with the Malaysian entity).

“However, we now need clarity on the “minimum floor price crossing” restriction of 5% below current trading price which may prevent us from successfully completing the transaction,” Mr Manivannan wrote to the CSE.

The CSE did not allow the Supreme Pantel transaction with MTD Capital Bhd to go ahead. It cited 6.3 of the Automated Trading Rules of the CSE which states that a “crossing” shall not take place at a price below five percent of the “closing price”.

Supreme Pantel was earlier known as S G H Investments (Pvt) Ltd, incorporated in October 2017. It was renamed only in December last year and earned a new director (in addition to Mr Manivannan) named Vijender Singh from Noida in Uttar Pradesh, India.

It is not known what price Anunine Holdings has agreed to pay for the controlling stake of MTD Walkers and whether the same rule would apply.

By the end of September 30 last year, MTD Walkers had Rs 4.2bn in long-term debt and Rs 23.6 billion in short-term borrowings. Around Rs 22bn is due from trade and other receivables. It has to receive Rs 6bn from the Urban Development Authority alone, for three completed housing development projects.
NIRMALSG
NIRMALSG

Posts : 81
Join date : 2019-02-17
Location : Colombo

Back to top Go down

Page 3 of 3 Previous  1, 2, 3

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum