FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



Latest topics

» UNHCR එකේ ලොකූ ටෝක දැම්මට සමහර ඔස්තාර් ලා කියන ආර්තික සම්භාදක අරවා මේවා මුකුත් එන්නේ නැ
by Promoney Today at 2:35 pm

» පෙබරවාරි මාසේ කොළඹ කොටස් වලට මොකක්ද වුනේ - බැසුවාද ? බැස්සාද ?
by xhunter Today at 12:24 pm

» BROWNS INVESTMENTS PLC (BIL.N0000)
by samaritan Today at 9:45 am

» DFCC will be receiving Rs.594,538,285.50
by KavinduTM Today at 9:29 am

» GLAS will be winner with Super Gain.
by Eranga87 Today at 2:00 am

» If you are one of those people who can sleep at night while someone else is in control of your destiny, then my advice would be to only invest in stocks
by Asoka Samarakone Yesterday at 9:58 pm

» NATIONS TRUST BANK PLC (NTB.N0000)
by chathura123 Yesterday at 8:52 pm

» Price prediction on GRAN and TAFL
by Bakkabwoi Yesterday at 6:22 pm

» SEMB SEMB
by stockchaser Yesterday at 2:57 pm

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by Vishwanarth Yesterday at 2:54 pm

» Bullish sentiment returns with market regulator's assurance
by Vishwanarth Yesterday at 2:52 pm

» SOFTLOGIC HOLDINGS PLC (SHL.N0000)
by suku502 Yesterday at 1:32 pm

» DIPD/HAYC/HAYL
by Wickyz Yesterday at 1:19 pm

» Chart 25.02.2021
by stockback Yesterday at 12:41 pm

» is it a good time to sell expo shares
by Kipling Yesterday at 8:39 am

» Current 2021 Februray Unit Trust/Unit Fund Per Annum percentages
by agentnrox Yesterday at 8:13 am

» Leading brokers causing market downturn
by Mithooshan Yesterday at 7:40 am

» Must watch this video - unnecessary panic
by Jana Yesterday at 1:03 am

» LOLC HOLDINGS PLC (LOLC.N0000)
by learningthemarket Yesterday at 12:03 am

» Daily Foreign Transactions
by Mr. X Wed Feb 24, 2021 11:28 pm

EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » NTB - Crossing

NTB - Crossing

Go down  Message [Page 1 of 1]

1NTB - Crossing Empty NTB - Crossing Thu Dec 01, 2011 1:09 pm

Monster

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
There were 3 crossing of NTB shares and totally 22,865,356 shares has been traded today, which is around 10% of the total shares.

As of September,2011 interim report top share holder list.

John Keells Holdings PLC. 46,121,536 20.00%
Mackinnons & Keells Financial Services Limited 22,830,159 9.90%
Mr.Y.S.H.I K deleted. 22,291,456 9.67%
Central Finance Company Limited 20,715,400 8.98%

Any guess, is it an internal transfer.

2NTB - Crossing Empty Re: NTB - Crossing Thu Dec 01, 2011 1:23 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@Monster wrote:There were 3 crossing of NTB shares and totally 22,865,356 shares has been traded today, which is around 10% of the total shares.

As of September,2011 interim report top share holder list.

John Keells Holdings PLC. 46,121,536 20.00%
Mackinnons & Keells Financial Services Limited 22,830,159 9.90%
Mr.Y.S.H.I K deleted. 22,291,456 9.67%
Central Finance Company Limited 20,715,400 8.98%

Any guess, is it an internal transfer.

NTB selling is I believe to meet a regulation. Either JKH or Central Finance group have sold part of their stake to reduce holding. Maybe there will more to come by the other party.

3NTB - Crossing Empty Re: NTB - Crossing Thu Dec 01, 2011 1:28 pm

Monster

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
slstock, What's the regulation says,

Mr KDD P holds 29.99% of PABC shares. scratch

4NTB - Crossing Empty Re: NTB - Crossing Thu Dec 01, 2011 1:32 pm

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics
NTB seller have to be Mackinnons. Last week JKH announced that they will reduced their stake to 15%. Even deleted have to shed PABC in the near future.

5NTB - Crossing Empty Re: NTB - Crossing Thu Dec 01, 2011 1:55 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@Monster wrote:slstock, What's the regulation says,

Mr KDD P holds 29.99% of PABC shares. scratch


If I am not mistaken , a single party cannot hold more than 15% of a commercial bank. This is the same rule why DFCC disposed COMB last year.

So I am presuming if JKH sold , Central Finance also will have to sell at some point.

For KDD, he might have to do something about PABC also.

6NTB - Crossing Empty Re: NTB - Crossing Thu Dec 01, 2011 1:56 pm

Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Indra sold the shares.. Buyer is still unknown. Probably Harry J

7NTB - Crossing Empty Re: NTB - Crossing Thu Dec 01, 2011 2:10 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@Quibit wrote:Indra sold the shares.. Buyer is still unknown. Probably Harry J

Indra held 22,291,456 shares

But what was sold what more.

13:01:00 57.80 500,000
12:59:10 57.80 2,169,314
12:54:39 57.80 20,196,042

If it is the case, maybe he held a bit more under another account not showing on top 20 list?

Anyway what about JKH and Central Fin holding more than 15%. Has the regulation changed?

8NTB - Crossing Empty Re: NTB - Crossing Thu Dec 01, 2011 2:13 pm

Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
It was bought by DFCC

9NTB - Crossing Empty Re: NTB - Crossing Thu Dec 01, 2011 2:18 pm

cse.alpha


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
brokers are confirming that Indra deleted sold and that DFCC bought the NTB block today

Did you notice that the Government through EPF, SL Insurance Corporation, Bank of Celyon etc do not have very big stakes in NTB ? That has to be a rarity among the local banks now Wink

10NTB - Crossing Empty Re: NTB - Crossing Thu Dec 01, 2011 2:39 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

If DFCC bought NTB it might not be a bad strategic move. With branch expansions and SME funding, NTB might be a good long term play.

Also next year at least another 50-60 Million in pcoket money for DFCC as dividend income from NTB.

11NTB - Crossing Empty Re: NTB - Crossing Thu Dec 01, 2011 2:42 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@cse.alpha wrote:brokers are confirming that Indra deleted sold and that DFCC bought the NTB block today

Did you notice that the Government through EPF, SL Insurance Corporation, Bank of Celyon etc do not have very big stakes in NTB ? That has to be a rarity among the local banks now Wink

Yes interestingly right. Any clues why in your line of thought?

12NTB - Crossing Empty Re: NTB - Crossing Thu Dec 01, 2011 2:43 pm

Monster

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@slstock wrote:
If DFCC bought NTB it might not be a bad strategic move. With branch expansions and SME funding, NTB might be a good long term play.

Also next year at least another 50-60 Million in pcoket money for DFCC as dividend income from NTB.
This is an excellent price DFCC got for NTB. An excellent investment for long term investors.

13NTB - Crossing Empty Re: NTB - Crossing Thu Dec 01, 2011 2:49 pm

Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
NDB strategy to takeover NTB Bank seems to have been implemented by DFCC. It is interesting to watch how NDB react now.

14NTB - Crossing Empty Re: NTB - Crossing Thu Dec 01, 2011 2:50 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@Monster wrote:
@slstock wrote:
If DFCC bought NTB it might not be a bad strategic move. With branch expansions and SME funding, NTB might be a good long term play.

Also next year at least another 50-60 Million in pcoket money for DFCC as dividend income from NTB.
This is an excellent price DFCC got for NTB. An excellent investment for long term investors.

I am upholding my faith in DFCC management. Strong , slow and steady company.

15NTB - Crossing Empty Re: NTB - Crossing Thu Dec 01, 2011 2:55 pm

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics
NTB seller have to be Mackinnons. Last week JKH announced that they will reduced their stake to 15%. Even deleted have to shed PABC in the near future.

16NTB - Crossing Empty Re: NTB - Crossing Thu Dec 01, 2011 2:56 pm

Papillons

Papillons
Stock Analytic
Stock Analytic
@Monster, The seller would be either CFIN of Mr.Y.S.H.I K Silva. most probably it should be Mr.Y.S.H.I K Silva.
If the buyer is DFCC as stated above, yes that is a good strategic investment.

17NTB - Crossing Empty Re: NTB - Crossing Thu Dec 01, 2011 3:28 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

Yes DFCC bought NTB as per below article


http://forum.srilankaequity.com/t13399-dfcc-bank-buys-stake-in-nations-trust-bank

Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum