Erdemoğlu: I am uncomfortable with SASA's current market value

Erdemoğlu Holding Board Chairman İbrahim Erdemoğlu made a statement saying, "I am disturbed by SASA's current market value." Erdemoğlu Holding Board Chairman İbrahim Erdemoğlu gave important messages regarding Sasa, one of the most talked about companies on the Stock Exchange recently. Stating that they sold shares when the price rose to 80 liras so that small investors would not suffer losses, Erdemoğlu said; “Since that sale, I have been saying SASA shares are not to be bought,” he said. The prominent headlines in the article penned by EKONOMİ newspaper columnist Vahap Munyar were as follows: * SASA's current market value on the stock exchange disturbs me. * I don't know why the price of the share increased from 60 liras to 180 liras. We didn't announce any new investments, nor did we make a statement that would increase our share prices. * When the price of the share increased to 80 liras, we sold it on Borsa Istanbul so that small investors wouldn't suffer. Since that sale, I have been telling everyone, “Sasa shares are too high, they are not to be bought.” * I cannot comment on other companies. However, I am sorry to see small investors suffering losses from this atmosphere at Borsa Istanbul.