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Sri Lanka Equity Forum » Stock Market Talk » WATCHOUT CITRUS GROUP SHARES

WATCHOUT CITRUS GROUP SHARES

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1 WATCHOUT CITRUS GROUP SHARES on Thu Nov 16, 2017 7:38 pm

Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
SEC HAS APPROVED THE RESTRUCTURE PROGRAM TODAY., MOST PROBABLY ANNOUNCEMENT WILL COME SOON, WATCHOUT C.I.T.W, CITH,AND REEF. Very Happy Very Happy Very Happy

2 Re: WATCHOUT CITRUS GROUP SHARES on Fri Nov 17, 2017 6:05 am

glad


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Eugine Fernando wrote:SEC HAS APPROVED THE RESTRUCTURE PROGRAM TODAY., MOST PROBABLY ANNOUNCEMENT WILL COME SOON, WATCHOUT C.I.T.W, CITH,AND REEF. Very Happy Very Happy Very Happy
How do you think the market will respond to this announcement?

3 Re: WATCHOUT CITRUS GROUP SHARES on Fri Nov 17, 2017 8:24 am

Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@glad wrote:
@Eugine Fernando wrote:SEC HAS APPROVED THE RESTRUCTURE PROGRAM TODAY., MOST PROBABLY ANNOUNCEMENT WILL COME SOON, WATCHOUT C.I.T.W, CITH,AND REEF. Very Happy Very Happy Very Happy
How do you think the market will respond to this announcement?
DP has already bought CITW @ 4/50 and the company has fixed 24/= for CITH so workout accordingly...GD

4 Re: WATCHOUT CITRUS GROUP SHARES on Sun Nov 19, 2017 8:09 am

TuTanKaman


Senior Equity Analytic
Senior Equity Analytic
Interim fs says subject to 2 conditions. Don't know when they will full fill. Until that suspended??

5 Re: WATCHOUT CITRUS GROUP SHARES on Sun Nov 19, 2017 2:37 pm

Elahara

avatar
Manager - Equity Analytics
Manager - Equity Analytics
Any news about CITK ?  Shocked Shocked

6 Re: WATCHOUT CITRUS GROUP SHARES on Sun Nov 19, 2017 9:04 pm

nuwandwo


Stock Trader
@Elahara wrote:Any news about CITK ?  Shocked Shocked
It will be under CITH i guess. ( CITH will inherent the both assets & liabilities of CITK and Pasikuda beach resort as well) 



https://i.servimg.com/u/f62/19/81/20/64/citrus10.jpg

7 Re: WATCHOUT CITRUS GROUP SHARES on Mon Nov 20, 2017 7:19 am

Ran49


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Soo this gonna be good for REEF...

8 Re: WATCHOUT CITRUS GROUP SHARES on Mon Nov 20, 2017 8:51 am

Gambino7


Stock Trader
CITK will not be traded again guys, read initial announcements. CITH shares were offered for CITK.

9 Re: WATCHOUT CITRUS GROUP SHARES on Mon Nov 20, 2017 8:53 am

prasa2004


Manager - Equity Analytics
Manager - Equity Analytics
Do not waste on CITRUS as very bad performance. Very remote they can turnaround any time sooner. Just visit their hotels and experience or just check comments from Booking.com/Agoda. Badly maintained.

10 Re: WATCHOUT CITRUS GROUP SHARES on Mon Nov 20, 2017 12:22 pm

TuTanKaman


Senior Equity Analytic
Senior Equity Analytic
Citrus share performance is not on it operation. It is on his holding in CLND. Share prices range down since CLND is down

11 Re: WATCHOUT CITRUS GROUP SHARES on Wed Nov 22, 2017 10:19 am

Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Eugine Fernando wrote:SEC HAS APPROVED THE RESTRUCTURE PROGRAM TODAY., MOST PROBABLY ANNOUNCEMENT WILL COME SOON, WATCHOUT C.I.T.W, CITH,AND REEF. Very Happy Very Happy Very Happy
I TOLD YOU IN ADVANCE WHO EVER BOUGHT ARE WINNERS Very Happy Very Happy Very Happy

12 Re: WATCHOUT CITRUS GROUP SHARES on Wed Nov 22, 2017 10:34 am

Ran49


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Boom....this will move to 14.00

13 Re: WATCHOUT CITRUS GROUP SHARES on Wed Nov 22, 2017 10:39 am

TuTanKaman


Senior Equity Analytic
Senior Equity Analytic
Private placement. Does that mean that citk holders have to pay an additional amount???? Further can this shares be traded in CSE after private placement

14 Re: WATCHOUT CITRUS GROUP SHARES on Wed Nov 22, 2017 10:47 am

Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@TuTanKaman wrote:Private placement. Does that mean that citk holders have to pay an additional amount???? Further can this shares be traded in CSE after private placement
C.I.T.K will not trade anymore, after the Amalgamation you will get 5 C.I.T.H shares  for 12 C.I.T.K shares,  no need to pay anything extra.

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