REXP Community

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Re: REXP Community

Postby sashimaal » Fri Jul 07, 2017 9:22 am

And Diri Savi board rules say minimum 10% free float ....so seems the case..
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Re: REXP Community

Postby NC+ » Fri Jul 07, 2017 9:27 am

sashimaal wrote:And Diri Savi board rules say minimum 10% free float ....so seems the case..

If I'm correct there also a matter of stated capital thresholds for main board & diri savi board, Diri savi board for small companies. :-? Correct me if I'm wrong..
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Re: REXP Community

Postby Shadow walker » Fri Jul 07, 2017 9:31 am

NC+ wrote:
sashimaal wrote:And Diri Savi board rules say minimum 10% free float ....so seems the case..

If I'm correct there also a matter of stated capital thresholds for main board & diri savi board, Diri savi board for small companies. :-? Correct me if I'm wrong..


2.1.3 ELIGIBILITY TO BE LISTED ON THE DIRISAVI BOARD

a. Stated Capital of not less than Rupees Hundred Million(Rs.100, 000,000/-) at the time of listing,

b. Positive Net Assets as per the consolidated audited financial statements for the financial year immediately preceding the date of application,

c. A minimum Public Holding of 10% of the total number of shares for which the listing is sought shall be in the hands of a minimum number oftwo hundred (200) Public Shareholders.

In the event the applicant Entity is seeking a listing on the Exchange by way of an Introduction, such Entity shall ensure that not more than 50% of the shares in the hands of the Public Shareholders are held by the three (03) largest Public Shareholders of the Entity at the time of listing.
d. An operating history of at least one (1) year immediately preceding the date of application.

For the purposes of Rules 2.1.2c and 2.1.3b ‘Net Assets’ shall mean total assets after deducting total liabilities, preference share capital and advance against share capital.
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Re: REXP Community

Postby NC+ » Fri Jul 07, 2017 9:35 am

Main board above 500 Mn I think then. Current Rexp stated capital is 220Mn.
thanks SW
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Re: REXP Community

Postby voight » Fri Jul 07, 2017 11:59 am

Board doesnt impact the share price
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Re: REXP Community

Postby PAT » Fri Jul 07, 2017 1:40 pm

RICHARD PIERIS EXPORTS - CORPORATE DISCLOSURE

https://cdn.cse.lk/cmt/upload_cse_annou ... 14508_.pdf
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Re: REXP Community

Postby sashimaal » Fri Jul 07, 2017 1:51 pm

So what we thought is correct :-)
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Re: REXP Community

Postby PAT » Fri Jul 07, 2017 1:53 pm

sashimaal wrote:So what we thought is correct :-)



.......... :)
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Re: REXP Community

Postby PATHFINDER » Sat Jul 08, 2017 8:19 pm

RICH has paid 238 per share of REXP when the counter is trading at 225 in open market.It's a clear indication for REXP's good performances to be delivered in future.By increasing the stake of REXP,RICH will get good amount of dividend income and also RICH will make REXP to increase their pay out to make REXP a real cash cow for the parent.
Win win situation for parent and minority holders.
Is this the trigger REXP was waiting to come out from hibernation?
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Re: REXP Community

Postby Blue Whale » Sat Jul 08, 2017 8:24 pm

PATHFINDER wrote:RICH has paid 238 per share of REXP when the counter is trading at 225 in open market.It's a clear indication for REXP's good performances to be delivered in future.By increasing the stake of REXP,RICH will get good amount of dividend income and also RICH will make REXP to increase their pay out to make REXP a real cash cow for the parent.
Win win situation for parent and minority holders.
Is this the trigger REXP was waiting to come out from hibernation?


Yet to see. Still a clear upward momentum is not visible to me.
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Re: REXP Community

Postby PATHFINDER » Sat Jul 08, 2017 8:39 pm

Blue Whale wrote:
Yet to see. Still a clear upward momentum is not visible to me.


It seems you are not happy to see a REXP movement in near future ;)
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Re: REXP Community

Postby Blue Whale » Sat Jul 08, 2017 9:04 pm

PATHFINDER wrote:
Blue Whale wrote:
Yet to see. Still a clear upward momentum is not visible to me.


It seems you are not happy to see a REXP movement in near future ;)


Lets see. All are hoping and saying it will move ne so let it be. ;;)
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Re: REXP Community

Postby Value » Sat Jul 08, 2017 10:07 pm

Earlier we were told,

@ REXP won't move because rubber prices went up, however the performance is not to be bad.
@ Then, REXP won't move because Q4 report will be bad.
@ Then, REXP won't move because REXP reported good results only due to favourable transfer pricing from RICH group plantation companies
@ Then, REXP won't move because it has heavy selling pressure.
@ And finally now, REXP won't move for no reason!

But in fact REXP already moved from 200 to 235. I request BW to clearly state his genuine view on REXP.

I should note that, we couldn't see any notable selling pressure from REXP. And only a crossing happened between the top 2 shareholders.

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Re: REXP Community

Postby newer1 » Sat Jul 08, 2017 10:19 pm

Thanks PF for Clue and Value details.
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Re: REXP Community

Postby Brinthan » Sat Jul 08, 2017 11:17 pm

Blue Whale wrote:
PATHFINDER wrote:RICH has paid 238 per share of REXP when the counter is trading at 225 in open market.It's a clear indication for REXP's good performances to be delivered in future.By increasing the stake of REXP,RICH will get good amount of dividend income and also RICH will make REXP to increase their pay out to make REXP a real cash cow for the parent.
Win win situation for parent and minority holders.
Is this the trigger REXP was waiting to come out from hibernation?


Yet to see. Still a clear upward momentum is not visible to me.



I don't know why BW always see REXP negativly.... ~x(

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Re: REXP Community

Postby PAT » Sun Jul 09, 2017 12:21 am

As per investing.com

Technical summary shows strong buy ( daily/ /monthly)......

https://www.investing.com/equities/rich ... is-exports
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Re: REXP Community

Postby voight » Sun Jul 09, 2017 8:07 am

There is a possibility that RICH will further buy in to REXP as well ?
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Re: REXP Community

Postby newer1 » Sun Jul 09, 2017 8:44 am

Thanks PAT.
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Re: REXP Community

Postby Shadow walker » Sun Jul 09, 2017 8:50 am

voight wrote:There is a possibility that RICH will further buy in to REXP as well ?


They can buy maximum 5% (500 K) of REXP.. now they have 84% in REXP.. :-bd
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Re: REXP Community

Postby Brinthan » Mon Jul 10, 2017 9:36 pm

Today it touch 240 mark with good volume.......Next target 250 (long term resistance)(waiting for next report) ....If it broke 250 next target will be 300..Cheers :-bd

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Re: REXP Community

Postby STOCK KILLER » Mon Jul 10, 2017 10:55 pm

Brinthan wrote:Today it touch 240 mark with good volume.......Next target 250 (long term resistance)(waiting for next report) ....If it broke 250 next target will be 300..Cheers :-bd


Brinthan the problem is one of the big fish in the forum not consider REXP is a potential share..... :-?

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Re: REXP Community

Postby sashimaal » Mon Jul 10, 2017 11:47 pm

Brinthan,

What is the big volume you are referring to pls?

Brinthan wrote:Today it touch 240 mark with good volume.......Next target 250 (long term resistance)(waiting for next report) ....If it broke 250 next target will be 300..Cheers :-bd
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Re: REXP Community

Postby sashimaal » Mon Jul 10, 2017 11:54 pm

:-t

However big the fish is, no one can stop a potential share from not moving.

On the other hand, you cannot blame that person for making their view within forum guidelines unless you come up with reasons for saying so...such as what Value has done earlier.


STOCK KILLER wrote:
Brinthan wrote:Today it touch 240 mark with good volume.......Next target 250 (long term resistance)(waiting for next report) ....If it broke 250 next target will be 300..Cheers :-bd


Brinthan the problem is one of the big fish in the forum not consider REXP is a potential share..... :-?
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Re: REXP Community

Postby PAT » Tue Jul 11, 2017 12:15 am

sashimaal wrote::-t

However big the fish is, no one can stop a potential share from not moving.

On the other hand, you cannot blame that person for making their view within forum guidelines unless you come up with reasons for saying so...such as what Value has done earlier.


STOCK KILLER wrote:
Brinthan wrote:Today it touch 240 mark with good volume.......Next target 250 (long term resistance)(waiting for next report) ....If it broke 250 next target will be 300..Cheers :-bd


Brinthan the problem is one of the big fish in the forum not consider REXP is a potential share..... :-?


Yes Sashi.....

Please note that whoever like it or not, share will move base on performance , market sentiment etc.

Guys, please explain the reason/s for REXP not moving due to one fish in the forum

Also, the reason/s for target Rs 300..... :ymbringiton:
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Re: REXP Community

Postby Brinthan » Tue Jul 11, 2017 7:52 am

I don't want to give anything new...U can refer the post of Value and charts given by Shark.....
Last edited by Brinthan on Tue Jul 11, 2017 7:55 am, edited 1 time in total.


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