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

Display results as :
 


Rechercher Advanced Search

Latest topics
» LIOC.N0000 (Lanka IOC PLC)
MTD WALKERS - KAPI - Page 3 EmptyToday at 1:02 pm by LSE

» Thread for News on CSE and SL Economy
MTD WALKERS - KAPI - Page 3 EmptyFri Jan 24, 2020 10:08 am by lanka

» Gota's Era
MTD WALKERS - KAPI - Page 3 EmptyFri Jan 24, 2020 9:33 am by yellow knife

» බැඳුම්කර වංචාවේ වෝහාරික විගණන වාර්තාව පාර්ලිමේන්තුවට
MTD WALKERS - KAPI - Page 3 EmptyFri Jan 24, 2020 7:05 am by nihal123

» අසාදුගත ව්‍යාපාරිකයින්ට රජයෙන් දුන් සහනය මෙන්න
MTD WALKERS - KAPI - Page 3 EmptyFri Jan 24, 2020 6:37 am by nihal123

» SAMP.N0000 (Sampath Bank PLC)
MTD WALKERS - KAPI - Page 3 EmptyThu Jan 23, 2020 5:55 pm by NIRMALSG

» සුරැකුම්පත් කොමිසමට නව සභාපතිවරයෙක්
MTD WALKERS - KAPI - Page 3 EmptyWed Jan 22, 2020 10:20 am by lanka

» In the Meantime, Within Our Shores !
MTD WALKERS - KAPI - Page 3 EmptyTue Jan 21, 2020 10:17 am by කිත්සිරි ද සිල්වා

» කොටස් තැරැව්කරුවෝ අගමැති මහින්ද හමුවෙති
MTD WALKERS - KAPI - Page 3 EmptyMon Jan 20, 2020 9:29 pm by nihal123

» Obituary Notice.
MTD WALKERS - KAPI - Page 3 EmptyTue Jan 14, 2020 4:14 pm by ipo

» LOLC Holdings
MTD WALKERS - KAPI - Page 3 EmptyMon Jan 13, 2020 6:04 pm by smallville

» SEYB.N0000 (Seylan Bank PLC)
MTD WALKERS - KAPI - Page 3 EmptySun Jan 12, 2020 10:06 pm by subash

» Happy Birthday
MTD WALKERS - KAPI - Page 3 EmptySun Jan 12, 2020 9:16 pm by lanka

» ශ්‍රී ලංකා කොටස් වෙළෙඳපොළ ඉතිහාසයේ දෙවැනි විශාලතම කොටස් ගනුදෙනුව අද
MTD WALKERS - KAPI - Page 3 EmptyThu Jan 09, 2020 9:59 pm by nihal123

» Hayleys MGT
MTD WALKERS - KAPI - Page 3 EmptyThu Jan 09, 2020 5:40 pm by subash

» Browns Investments update
MTD WALKERS - KAPI - Page 3 EmptyThu Jan 09, 2020 10:42 am by The Invisible

» Tokyo Cement
MTD WALKERS - KAPI - Page 3 EmptyWed Jan 08, 2020 10:48 pm by The Invisible

» Lanka Tiles
MTD WALKERS - KAPI - Page 3 EmptyWed Jan 08, 2020 10:44 pm by The Invisible

» RCL - Royal Ceramics
MTD WALKERS - KAPI - Page 3 EmptyWed Jan 08, 2020 10:39 pm by The Invisible

» AEL Access Engineering
MTD WALKERS - KAPI - Page 3 EmptyWed Jan 08, 2020 10:30 pm by The Invisible

» Sri Lanka central bank to develop a cost-based rate to price loans
MTD WALKERS - KAPI - Page 3 EmptyWed Jan 08, 2020 10:21 pm by The Invisible

» Dialog Finance
MTD WALKERS - KAPI - Page 3 EmptyWed Jan 08, 2020 10:19 pm by The Invisible

» Tourism Sector
MTD WALKERS - KAPI - Page 3 EmptyTue Jan 07, 2020 2:05 pm by nihal123

» Expolanka
MTD WALKERS - KAPI - Page 3 EmptyTue Jan 07, 2020 1:18 am by Afourer

» Cartoon Today
MTD WALKERS - KAPI - Page 3 EmptyMon Jan 06, 2020 2:41 pm by කිත්සිරි ද සිල්වා

» කොළඹ කොටස් හුවමාරුවෙහි නවතම ජංගම දුරකථන යෙදුම
MTD WALKERS - KAPI - Page 3 EmptySat Jan 04, 2020 7:36 pm by spw19721

» ඉරානයට කළ ප්‍රහාරයෙන් පසු යුරෝපයේ කොටස් වෙළඳපොළ රැසක් පහළ වැටෙයි
MTD WALKERS - KAPI - Page 3 EmptySat Jan 04, 2020 1:30 pm by nihal123

» VAT අදාළ නැති කට්ටිය මෙන්න. 50,000 ක ලැයිස්තුවක්
MTD WALKERS - KAPI - Page 3 EmptyFri Jan 03, 2020 11:55 am by nihal123

» How to get Access to: 104 Technical trading experiments by HUNTER
MTD WALKERS - KAPI - Page 3 EmptyThu Jan 02, 2020 9:20 am by Admin

» ලංකාවේ ලොකුම සමාගම මෙන්න. දුම්කොළ සමාගම අභිබවමින් ජෝන් කීල්ස් යළිත් පෙරමුණට
MTD WALKERS - KAPI - Page 3 EmptyWed Jan 01, 2020 7:48 pm by Rana

» Sri Lanka’s LOLC Prepares to Sell Its Biggest Overseas Unit
MTD WALKERS - KAPI - Page 3 EmptyWed Jan 01, 2020 4:43 pm by nuwanmja

» Sri Lanka’s Cargills, Sampath, DFCC Bank says met lending rate ceilings
MTD WALKERS - KAPI - Page 3 EmptyWed Jan 01, 2020 4:26 pm by NIRMALSG

» Dividend Announcement
MTD WALKERS - KAPI - Page 3 EmptyWed Jan 01, 2020 1:16 pm by smallville

» Sri Lanka bank bad loans spike to 4.9-pct, non-banks 9.7-pct in Sept
MTD WALKERS - KAPI - Page 3 EmptyWed Jan 01, 2020 9:29 am by The Invisible

» People’s Bank, Sampath, and DFCC face penalties
MTD WALKERS - KAPI - Page 3 EmptyTue Dec 31, 2019 6:33 pm by nihal123

» NDB.N0000 (National Development Bank PLC)
MTD WALKERS - KAPI - Page 3 EmptyTue Dec 31, 2019 1:55 am by Trend

» COMB.N0000 (Commercial Bank of Ceylon PLC)
MTD WALKERS - KAPI - Page 3 EmptyThu Dec 26, 2019 9:23 pm by spw19721

» Thought for the day...
MTD WALKERS - KAPI - Page 3 EmptyThu Dec 26, 2019 3:41 pm by Topcat

» ඩොක්ටර් ඒලියන්ත වයිට්
MTD WALKERS - KAPI - Page 3 EmptyThu Dec 26, 2019 9:15 am by කිත්සිරි ද සිල්වා

» Why (Happy) People Cheat?
MTD WALKERS - KAPI - Page 3 EmptyWed Dec 25, 2019 8:34 pm by pjrngroup

» Who killed Cock Robin?
MTD WALKERS - KAPI - Page 3 EmptyWed Dec 25, 2019 8:33 pm by pjrngroup

» 65 Ways to Make Money Online
MTD WALKERS - KAPI - Page 3 EmptyTue Dec 24, 2019 9:24 am by Topcat

» සුළු හා මධ්‍ය පරිමාණ ව්‍යාපාරිකයින් ලබාගත් ණය අයකර ගැනීම අත්හිටුවන්න
MTD WALKERS - KAPI - Page 3 EmptyTue Dec 24, 2019 8:50 am by Topcat

» ACL Cables
MTD WALKERS - KAPI - Page 3 EmptySat Dec 21, 2019 5:34 am by NIRMALSG

» Sri Lanka to up employer EPF contribution to 15-pct, start social security fund
MTD WALKERS - KAPI - Page 3 EmptyWed Dec 18, 2019 2:46 pm by The Invisible

» රාජ්‍ය සමාගම් කොටස් වෙළෙඳපොළට ගෙන ආ යුතුයි
MTD WALKERS - KAPI - Page 3 EmptyFri Dec 13, 2019 12:37 pm by serene

» Sri Lanka can resume high growth path, cut more taxes: Mark Mobius
MTD WALKERS - KAPI - Page 3 EmptyThu Dec 12, 2019 9:29 am by The Alchemist

» රතු වැටෙනකොට
MTD WALKERS - KAPI - Page 3 EmptyWed Dec 11, 2019 2:59 pm by කිත්සිරි ද සිල්වා

» Sri Lanka interest rates should go down, currency will not fall: Mark Mobius
MTD WALKERS - KAPI - Page 3 EmptyWed Dec 11, 2019 11:18 am by The Invisible

» Equation of Happiness Solved
MTD WALKERS - KAPI - Page 3 EmptyTue Dec 10, 2019 5:23 pm by Backstage

January 2020
SunMonTueWedThuFriSat
   1234
567891011
12131415161718
19202122232425
262728293031 

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 : 5850
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 : 6595
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 : 5561
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 : 228
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 : 228
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 : 629
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 : 1806
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 : 1598
Join date : 2016-09-29
Age : 41
Location : Horana

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 : 1598
Join date : 2016-09-29
Age : 41
Location : Horana

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 : 1598
Join date : 2016-09-29
Age : 41
Location : Horana

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 : 226
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