milanka at 18h00
21
Feb
2011
Fraud at Listed Company – Hayleys MGT (MGT.N0000)
This is not a new development and it has been going on for last 3,4 months.
I am reporting it here for the benefit of those who joined recently and also since it was on the news ( www.ft.lk ) today.
In brief :-
a. As per the above news item it is the biggest fraud in a listed company.
b. Due to the fraud the
This is not a new development and it has been going on for last 3,4 months.
I am reporting it here for the benefit of those who joined recently and also since it was on the news ( www.ft.lk ) today.
In brief :-
a. As per the above news item it is the biggest fraud in a listed company.
b. Due to the fraud the
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January 28, 2011 @ 3:17 am
Acting in concert, trigger SEC’s Takeovers and Mergers Code by crossing 30% stake in manufactured export rich diversified blue chip and one of few oldest Lankan multinationals
It was untouched as well as impregnable for
Hayleys PLC
Major shareholder of Hayleys has given a mandatory offer to acquire 51%
Why?He is confident to buy hayleys at this price
He knows what's happening at Hayleys
Why Haylesy remained at this level while late entrants have gone
PCH.N0000 [2/1/2011]
Open High Low Close
Rs.28.5 Rs.29.5 Rs.27.0 Rs.27.3
Tommorow (03/02/2011) Price Level
Resistance Level 3 31.4
Resistance Level 2 30.4
Resistance Level 1 28.9
Pivot
http://menmedia.co.uk/manchestereveningnews/news/business/s/1373411_palladium_investigates_for_firms_hit_by_crime
Incorporated in 1971 as Mutual Finance and Investment Limited, the company has been in existence for over 40 years in Sri Lanka as a registered financial company with the Central Bank. The company is undergoing significant changes with greater transparenc
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"Fraud at Listed Company – Hayleys MGT (MGT.N0000)"
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21/02/2011 at 18h00 by "milanka"






