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The Market ! => Pak Equities => Topic started by: SBM on April 07, 2015, 09:45:01 AM

Title: PIL -- Picic Insurance Limited
Post by: SBM on April 07, 2015, 09:45:01 AM
All about PIL
Title: Re: PIL -- Picic Insurance Limited
Post by: SBM on April 07, 2015, 09:45:46 AM
lps 3.75
200% rights at 5 rupees each

http://www.kse.com.pk/newsattachment/064261.pdf
Title: Re: PIL -- Picic Insurance Limited
Post by: Eager Novice on April 23, 2015, 11:41:46 AM
Bhayun, PIL XR kab ho ga?
Title: Re: PIL -- Picic Insurance Limited
Post by: SBM on April 27, 2015, 12:49:28 PM
http://www.kse.com.pk/newsattachment/065573.pdf

lps .16
Title: Re: PIL -- Picic Insurance Limited
Post by: Eager Novice on July 15, 2015, 05:59:00 PM
Can anyone tell why such a big fall in PIL price today??
Title: Re: PIL -- Picic Insurance Limited
Post by: Eager Novice on July 23, 2015, 10:43:19 PM
Does anyone have any info about the right shares PIL had announced?
Title: Re: PIL -- Picic Insurance Limited
Post by: SBM on August 24, 2015, 10:21:00 PM
(http://www.kse.com.pk/newsimage/068563-1.gif)
Title: Re: PIL -- Picic Insurance Limited
Post by: Koolfire on September 21, 2015, 09:45:36 PM
BM 29-09-2015

http://kse.net.pk/newsimage/069542-1.gif
Title: Re: PIL -- Picic Insurance Limited
Post by: SBM on September 30, 2015, 09:44:29 AM
http://www.kse.com.pk/newsattachment/069913.pdf

100% rights issue at par
Title: Re: PIL -- Picic Insurance Limited
Post by: Eager Novice on December 22, 2015, 02:28:47 AM
Can you tell me when the PIL right shares will be deposited in our accounts? 
Title: Re: PIL -- Picic Insurance Limited
Post by: aabugvi on November 30, 2016, 05:19:04 PM
Any news about this stock??
Title: Re: PIL -- Picic Insurance Limited
Post by: aabugvi on November 30, 2016, 09:51:17 PM
Any news about this stock??
Last two days sa havy volume aur price bhi oper ja rahi ha.
Today price 7.15 volume 4.48 million
koi game start hona wali ha.  :skeptic: :skeptic: :skeptic:
Title: Re: PIL -- Picic Insurance Limited
Post by: MAMALIK on December 01, 2016, 10:52:48 PM
why going down ?
Title: Re: PIL -- Picic Insurance Limited
Post by: aabugvi on December 05, 2016, 01:23:25 AM
I7.35 tu touch kar aya ha.ab correction tu la ga.lets see kia hota ha.
Title: Re: PIL -- Picic Insurance Limited
Post by: AAMIR RAZA on December 05, 2016, 08:33:21 AM

i think it will come down at 5.
Title: Re: PIL -- Picic Insurance Limited
Post by: Shahid05 on December 08, 2016, 08:21:29 PM
Any update and news about PICIC insurance
Title: Re: PIL -- Picic Insurance Limited
Post by: Gozubairgo on February 15, 2017, 10:23:45 AM
Laoi maaal PIL
Title: Re: PIL -- Picic Insurance Limited
Post by: Azmiyz on August 25, 2017, 03:37:17 PM
Any idea about PIL?
Title: Re: PIL -- Picic Insurance Limited
Post by: aharoon on August 25, 2017, 04:36:32 PM
Any idea about PIL?
abhi game baqi hai PIL main
player Is AKD I think...
Title: Re: PIL -- Picic Insurance Limited
Post by: xenophanicguy on August 25, 2017, 10:58:20 PM
whats good in it that AKD is in it?
Title: Re: PIL -- Picic Insurance Limited
Post by: aharoon on August 25, 2017, 11:43:13 PM
whats good in it that AKD is in it?
mai nay kab bola k player AKD hai tou bohat achi baat hai..
Title: Re: PIL -- Picic Insurance Limited
Post by: Koolfire on October 04, 2017, 06:46:08 PM
https://www.psx.com.pk/newsattachment/103848.pdf
Title: Re: PIL -- Picic Insurance Limited
Post by: Amjad Ali on October 04, 2017, 06:49:25 PM
Sir, what will be the impact now on PIL ?
Title: Re: PIL -- Picic Insurance Limited
Post by: Shakir123 on November 17, 2017, 12:43:16 AM
Seniors please tell some one told tht buy it and in 6 months it will touch 25
Title: Re: PIL -- Picic Insurance Limited
Post by: Aahaf on November 17, 2017, 12:53:35 AM
Lets pray it will not touch 2.5 because bought some today ::)
Title: Re: PIL -- Picic Insurance Limited
Post by: Shakir123 on November 17, 2017, 01:01:32 AM
U bought today so whts the target price
Title: Re: PIL -- Picic Insurance Limited
Post by: smanis110 on November 17, 2017, 09:00:19 AM
any expert opinion about PIL to keep it or sale with 50 pct loss.
Title: Re: PIL -- Picic Insurance Limited
Post by: Farhan Kermani on November 17, 2017, 10:26:51 AM
Keep it should get better with better times. Not an expert here.
Title: Re: PIL -- Picic Insurance Limited
Post by: Farhan Kermani on November 17, 2017, 10:29:47 AM
Seniors please tell some one told tht buy it and in 6 months it will touch 25

Never listen to such people.. They r idiots & mostly doing either someones bidding here or trying to get more people enter the trap so their own buying could benefit.
Title: Re: PIL -- Picic Insurance Limited
Post by: Koolfire on December 26, 2017, 06:44:09 PM
We would like to inform you that in meeting of the Board of Directors of PICIC Insurance Limited (herein fter
referred to as the "Company") held at 10.30 a.m. on December 26, 2017 at the registered office of the Comp ny, the Board of Directors approved the Scheme of Arrangement under Sections 279 to 282 of the Companies ct, 2017 laid before the Board of Directors of the Company ("Scheme"), in terms of which Crescent Star Fo ds
(Private) Limited ("CSF") is to be merged with and into the Company, subject to obtaining all neces ary
shareholders' and regulatory approvals and the sanction of the Scheme by the High Court along with fulfilme t of related legal formalities.
The Board of Directors approved the draft of the Scheme (subject to any changes and modifications as ma be
required by the shareholders of the merger parties and I or the Honourable High Court of Sindh and such
amendments as may be considered necessary without affecting the substance thereof) along with the swap ratio of 466.93 shares of the Company for every 1 share of CSF held by each of the Shareholders of CSF (as define in the Scheme), as supported by the calculations done by Horwarth Hussain Chaudhury & Co., Chart red Accountants.

https://www.psx.com.pk/newsattachment/107798.pdf
Title: Re: PIL -- Picic Insurance Limited
Post by: faizanabbasi74 on December 31, 2017, 08:16:23 PM
Any idea about the recent rise? is it another pump and dump scheme or is there really something?
Title: Re: PIL -- Picic Insurance Limited
Post by: Shakir123 on December 31, 2017, 08:37:47 PM
Some body told me tht it will touch 25 should we buy it
Title: Re: PIL -- Picic Insurance Limited
Post by: Aahaf on January 01, 2018, 02:03:02 AM
Previous high was around 7 also not good reputation avoid
Title: Re: PIL -- Picic Insurance Limited
Post by: Azmiyz on January 01, 2018, 09:08:50 AM
It depend on CFS share value 
Title: Re: PIL -- Picic Insurance Limited
Post by: Aahaf on January 02, 2018, 12:31:53 AM
Kohinoor power came from 10.5 with several locks till 4 so be cautious also in default list don't get long
Title: Re: PIL -- Picic Insurance Limited
Post by: SBM on January 02, 2018, 02:38:30 PM
Any idea about the recent rise? is it another pump and dump scheme or is there really something?

this is going to become Crescent Foods.
Pls check notices on the exchange
Title: Re: PIL -- Picic Insurance Limited
Post by: Ilyasguid0 on January 02, 2018, 02:45:00 PM
Any idea about the recent rise? is it another pump and dump scheme or is there really something?

this is going to become Crescent Foods.
Pls check notices on the exchange
SBM Bhai CSIL ko bhee rs 8 Hona chah ye...ye nahee chala....koi khas reason....
Title: Re: PIL -- Picic Insurance Limited
Post by: Aahaf on January 03, 2018, 08:53:50 PM
Kohinoor power came from 10.5 with several locks till 4 so be cautious also in default list don't get long
:rtfm:
Title: Re: PIL -- Picic Insurance Limited
Post by: Aahaf on January 05, 2018, 12:43:51 AM
Previous high was around 7 also not good reputation avoid
:rtfm:
Title: Re: PIL -- Picic Insurance Limited
Post by: Shakir123 on January 05, 2018, 01:05:22 AM
Soon u will see 25 InshAllah
Title: Re: PIL -- Picic Insurance Limited
Post by: Aahaf on January 05, 2018, 01:16:25 AM
Lets pray it will not touch 2.5 because bought some today ::)
i bought it 2.5 Allhamdullilah sold above 7 again start to enter at 3.5
Title: Re: PIL -- Picic Insurance Limited
Post by: TheVisionary on January 05, 2018, 05:15:32 PM
I think once the merger is completed, the new merged entity, most likely to be re-named Crescent Star Foods will announce right issue. The parent company CSIL will already be having enough money from their own right issue which is going to be completed in this month.

We can expect a good expansion in PIL/CSFL after that.
Title: Re: PIL -- Picic Insurance Limited
Post by: ali-ahmad on January 05, 2018, 05:21:40 PM
3 per buy kerain gay. Agar aya. Wesay aaj floor per kafi mall jama hoia hai per dar lagta hai is level per entry lenay may
Title: Re: PIL -- Picic Insurance Limited
Post by: SmE48 on January 05, 2018, 08:55:30 PM
Mujhy lgta hy yahan sae paisa bna kar csil ki subscription mei daala..
Ab yeh 3 ki taraf aur csil oper 7/8/9 ki taraf .
Mainay csil 3.90 ka liya hy . ( 9 ka bhi para hy)..csil 2/3 saal ki item hy...3 saal mei 12 ka bhi huwa 200% return ( oper 20/25/30 ka jo ho jye wo bonus.)..koi business itna return nhi daita ..
Pta nhi kahan kahan apni tang phansa rha hy...jo business hit huwa samjho mauja hi mauja..
Tpl bhi in chakro mei hy , agar us mei 8 par risk liya ja sakta hy tu yeh phir 4-4.5 ka hy.
Title: Re: PIL -- Picic Insurance Limited
Post by: Aahaf on January 05, 2018, 09:04:04 PM
Kasam se main bhi abhi yahi soch raha tha ke pil wala punter csil chalaega csil 4.6 above closing khappay for upside satta
Title: Re: PIL -- Picic Insurance Limited
Post by: Aahaf on January 05, 2018, 09:38:26 PM
Previous high was around 7 also not good reputation avoid
we can see any suspension notice in end of jan as well
Title: Re: PIL -- Picic Insurance Limited
Post by: ABNEIQBAL on January 05, 2018, 09:48:13 PM
Suspension of PIL  :(
Title: Re: PIL -- Picic Insurance Limited
Post by: Aahaf on January 06, 2018, 12:11:15 AM
It's name also appears on same list which I posted two months back
Title: Re: PIL -- Picic Insurance Limited
Post by: TheVisionary on February 01, 2018, 02:41:52 PM
I am not sure on one thing, maybe someone learned enough could shed some light on it...

As per the merger agreement approved by the Sindh High Court, the terms are that for every 1 share of PIL, CSF (Crescent Star Foods) will get 466 shares, which means:

PIL outstanding shares 35 million x 466 = 16,310,000,000 (16.3 billion shares)

Total shares after merger: 16,345,000,000

Market capitalization: 16,345,000,000 x 4 (current share price) = 65,380,000,000 (65.38 billion)

How will that be possible that new merged entity’s market capitalization is 65 Billion rupees???

Title: Re: PIL -- Picic Insurance Limited
Post by: Shakir123 on February 11, 2018, 12:49:25 PM
Wht will happen when it will go up
Title: Re: PIL -- Picic Insurance Limited
Post by: HaroonAshraf on February 11, 2018, 02:02:27 PM
Wht will happen when it will go up

Its potential energy will increase. PE = mgh. So the up it goes the bigger the value of h(height). Simple physics  :good
Title: Re: PIL -- Picic Insurance Limited
Post by: Shakir123 on February 11, 2018, 03:42:36 PM
Can it touch 25 InshAllah
Title: Re: PIL -- Picic Insurance Limited
Post by: Aahaf on April 01, 2018, 03:58:19 AM
Satta lovers can try there luck to buy around 3.4-.5 below 3.4 closing its became dull again
Title: Re: PIL -- Picic Insurance Limited
Post by: SmE48 on April 01, 2018, 10:59:43 PM
3 , 3.10 aur 3.4 ki 3 lots pichlay 15 din mei li hai...
3.85 ka rate miss ho gya...phir nechay sell nhi kiya
Isko rakhna chahie ..yah kal nikal doo...@ Aahaf
Title: Re: PIL -- Picic Insurance Limited
Post by: kamal on April 01, 2018, 11:06:54 PM
3.5 beloe buy and 3.7 or abovr sale  court order hai iska
Title: Re: PIL -- Picic Insurance Limited
Post by: SmE48 on April 01, 2018, 11:21:59 PM
3.5 beloe buy and 3.7 or abovr sale  court order hai iska
Theek ho gya...Thank you so much..
Title: Re: PIL -- Picic Insurance Limited
Post by: Shakir123 on April 01, 2018, 11:40:03 PM
Court order means
Title: Re: PIL -- Picic Insurance Limited
Post by: kamal on April 01, 2018, 11:48:54 PM
Court order means

Amalgamation ka operations siezeing . Consider ur risk in this share can go below 2 also