Author Topic: HASCOL -- Hascol Petroleum Ltd.  (Read 471947 times)

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Offline aatradekhi

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Re: HASCOL -- Hascol Petroleum Ltd.
« Reply #2499 on: January 15, 2020, 04:25:42 PM »
MUMTAZ UNCLE HE 6 MILLION BUY KAR LAINGAY DUE TO AMOUNT AVAILABLE OF 2 MILLION SHARES SOLD

Till yesterday HASCOL-JAN SHORT SELL of 12.221071 Million shares still pending to settle
« Last Edit: January 15, 2020, 04:46:41 PM by aatradekhi »

Pakinvestorsguide

Re: HASCOL -- Hascol Petroleum Ltd.
« Reply #2499 on: January 15, 2020, 04:25:42 PM »

Offline newser

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Re: HASCOL -- Hascol Petroleum Ltd.
« Reply #2500 on: January 15, 2020, 11:16:27 PM »
RIGHT SHARE SUBSCRIPTION FIGURE HASCOL

Thanks so much for sharing...

98.9% public financing - it equates to more than 1000% financing in pre regulation era - bear in mind the strict shortage of tax credit that our people have, despite that 98.9% speaks volumes about public confidence - 98.9% is equal to 1000% just two years ago... :D and especially when interest rates are so high...


ONLY 8.663773.2MILLION SHARES UNSUBSCRIBE

Offline newser

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Re: HASCOL -- Hascol Petroleum Ltd.
« Reply #2501 on: January 16, 2020, 01:28:56 AM »
US - China sign phase 1 of trade agreement - first step towards recovery of global economies. Oil stable, gold down, US exchanges up, safe to assume green day for Asian markets - let's see if everything locks upwards tomorrow :D

Offline shrawan

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Re: HASCOL -- Hascol Petroleum Ltd.
« Reply #2502 on: January 16, 2020, 10:09:46 AM »
Why there is huge gap between ready and future prices

Offline newser

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Re: HASCOL -- Hascol Petroleum Ltd.
« Reply #2503 on: January 16, 2020, 01:22:36 PM »
Hascol rights is a big delivery, short sellers are speculating massive price drop when that inventory loads into accounts... futures are getting pushed to near X price of 20 something but the present inventory is in shorter supply, almost underpriced 50% as it should be trading at near pre-X price.
Holders of actual are seeming very confident that the price will not cross the barrier of 25.xx so the actual is showing some hardcore resistive motion.
And short-sellers are very confident that the price will dip below 20rs so they will be able to cover before month end to settle. At these levels you can speculate an over sell in short market... After reading subscription figures smart traders will be looking to cover early and minimising loss, late entrants of short will incur losses if the actual spikes which it is showing good signs of  - global metrics stable, market position consolidating, trading volumes stable and resistive...anytime soon there can be aggressive buying coming back to the actual pushing the price up as volumes in futures are coming to a halt... But, you never know :p
Happy Trading :)

Offline shrawan

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Re: HASCOL -- Hascol Petroleum Ltd.
« Reply #2504 on: January 16, 2020, 01:47:39 PM »
Thank you for a detailed reply :)

Offline newser

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Re: HASCOL -- Hascol Petroleum Ltd.
« Reply #2505 on: January 16, 2020, 02:17:12 PM »
Present market activity: exposure items in the green, cash items in the red...
Implications: confidence confirmed, fueling up for rally :D - hope I am right...
Only downside is potential announcement of steady interest rate, which even of they don't drop for a quarter or two should not have significant impact considering investors are a) mostly foreign b) local investors bound to PSX for lack of better investment options (gold already maxed out, USD dipping, real estate in shackles of policy making and mega scams)...

Offline newser

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