Registration with the Sri Lanka FINANCIAL CHRONICLE

All information contained in this forum is subject to Disclaimer Notice published.
Thank You
FINANCIAL CHRONICLE

www.srilankachronicle.com
Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka
Monster wrote:1.6 million shares crossed today.It's almost 12% of the total shares. The seller is likely to be SLIC. They hold 1,672,833 shares as of December 2010 interim report. Let's see who is the buyer.
cse.alpha wrote:Unconfirmed reports from brokers are that one of Perpetual 'Ashok' Capital - Free Lanka - Aloysius triumvirate was involved on buy side of CFIN today, perhaps with a little bit of help from Taprobane Securities.
planter wrote: There are soem rumors and promoting going on for this share. Some of the people I know was saying to buy it because it will hit Rs 1500 soon!. Anyway the financials for the share looks quite good although I would not jump in to buy anything till at least another week!
Meta Trader wrote:planter wrote: There are soem rumors and promoting going on for this share. Some of the people I know was saying to buy it because it will hit Rs 1500 soon!. Anyway the financials for the share looks quite good although I would not jump in to buy anything till at least another week!
Ok . i don't believe that Sri Lanka Insurance Corporation would let go some thing going to hit Rs 1500 soon at Rs.800![]()
if by any chance it happened " soon " i will totally lose my faith in this government and withdraw my life insurance from Sri Lanka Insurance Corporation![]()
The only "Excuse" I accept by them is they let it go becoz of a MARGIN CALL![]()
But this is not a bad share. They have produced decent results during this financial. I believe it should trade over Rs. 1000/-. BTW I am happy to earn some quick bucks by disposing my shares at 935/-, which I collected last Friday.tubal wrote:Meta Trader wrote:planter wrote: There are soem rumors and promoting going on for this share. Some of the people I know was saying to buy it because it will hit Rs 1500 soon!. Anyway the financials for the share looks quite good although I would not jump in to buy anything till at least another week!
Ok . i don't believe that Sri Lanka Insurance Corporation would let go some thing going to hit Rs 1500 soon at Rs.800![]()
if by any chance it happened " soon " i will totally lose my faith in this government and withdraw my life insurance from Sri Lanka Insurance Corporation![]()
The only "Excuse" I accept by them is they let it go becoz of a MARGIN CALL![]()
Meta you know how this works already but in case you have forgotten:
1) A large parcel get's traded.
2) retailers suddenly notice a company that has been outside their radar and jump in.
3) big boys know what's coming up next so they hold onto their stuff.
4) retail speculators drive the price through the roof.
5) big boys start selling.
6) retailers come to places like this and ask "I bought XX and now I am stuck with it, what do you think I should do?"
econ wrote:it seems that alloysies brothers(perputal capital) are investing aggressively in very good shares.
I think they have collected large amounted of gran,bfl,tafl,cfin etc.. all are really attractive at this price level.
I made a wrong decision yesterday.Monster wrote:But this is not a bad share. They have produced decent results during this financial. I believe it should trade over Rs. 1000/-. BTW I am happy to earn some quick bucks by disposing my shares at 935/-, which I collected last Friday.tubal wrote:Meta Trader wrote:planter wrote: There are soem rumors and promoting going on for this share. Some of the people I know was saying to buy it because it will hit Rs 1500 soon!. Anyway the financials for the share looks quite good although I would not jump in to buy anything till at least another week!
Ok . i don't believe that Sri Lanka Insurance Corporation would let go some thing going to hit Rs 1500 soon at Rs.800![]()
if by any chance it happened " soon " i will totally lose my faith in this government and withdraw my life insurance from Sri Lanka Insurance Corporation![]()
The only "Excuse" I accept by them is they let it go becoz of a MARGIN CALL![]()
Meta you know how this works already but in case you have forgotten:
1) A large parcel get's traded.
2) retailers suddenly notice a company that has been outside their radar and jump in.
3) big boys know what's coming up next so they hold onto their stuff.
4) retail speculators drive the price through the roof.
5) big boys start selling.
6) retailers come to places like this and ask "I bought XX and now I am stuck with it, what do you think I should do?"
planter wrote: There are soem rumors and promoting going on for this share. Some of the people I know was saying to buy it because it will hit Rs 1500 soon!. Anyway the financials for the share looks quite good although I would not jump in to buy anything till at least another week!
SuGi wrote:may i buy 100 shares of CFIN @ 1100 tommorow ??? is there a big risk???
UKboy wrote:SuGi wrote:may i buy 100 shares of CFIN @ 1100 tommorow ??? is there a big risk???
SLIC was the main reason why CFIN was stagnated around Rs900.00 . They had been disposing CFIN shares for sometimes.
Central Finance is a value share that could go even further. If you need to buy, you may need to buy gradually.
Similar topics
Permissions in this forum:
You cannot reply to topics in this forum