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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » CIFL

CIFL

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21CIFL           - Page 2 Empty Re: CIFL Wed Feb 20, 2013 9:28 am

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
So you want to know the CIFL story.

There is a lot of mis-information about the CIFL ownership. CIFL used to be IDL. It was bought by ASPIC and hence it is not a simple rename.

However ASPIC has its own controversy. Check the comments at the bottom of this article:

http://www.ft.lk/2011/06/30/cifl-to-be-a-listed-company-with-cse/

22CIFL           - Page 2 Empty Re: CIFL Wed Feb 20, 2013 9:46 am

Chinwi


Associate Director - Equity Analytics
Associate Director - Equity Analytics
ඔය IPO එනකොට අපි හොඳයි කිව්වේ නැත්තේ මොකද
යාලු බ්රෝකර්ල ගන්න ගන්න කියද්දීත් අපි ඉල්ලුවේ නැත්තේ මොකද
අපි එපා කියද්දී ගත්ත අය ඒවා හිටු ගාල නගිනකොට අපිට හිනා උනේ මොකද
බදා ගත්ත දේ කර තියාගෙන හිටියේ මොකද
නැග්ග වේගෙන් බැහැල නියම පාට පෙන්වන කොට අඬන්නේ මොකද
අදත් ඕවා අපි ළඟ නැත්තේ මොකද


You can read history such as;
http://forum.srilankaequity.com/t5768-cifl-ipo?highlight=cifl

23CIFL           - Page 2 Empty CIFL Plans Wed Feb 20, 2013 9:18 pm

TheProfessional2013


Senior Equity Analytic
Senior Equity Analytic
Hi All

Please do not mislead the innocent Investors because you are too greedy to pick at cheap cost. You will have to pay for these stupid one day. There are four bids currently under consideration of CIFL. So the most viable bid will be selected by the CIFL. Thanks to CBSL as a part of restructuring has referred all these prospective buyers to CIFL with confidence so that there will be no doubt about the capital reorganisation. Finance Companies License are not issued for the new entrants to the Industryby the CBSL now so still there is a intangible value of the Company and the License.

CBSL has given the buyers a deadline March 31st 2013 as the process of capital reorganization finalization and CIFL to come up with their future plans of the existing business to co-operate the acquisition.

This is not a promotion, a true story.
Regards
TheProfessional



Last edited by TheProfessional2013 on Wed Feb 20, 2013 9:24 pm; edited 1 time in total (Reason for editing : grammer)

24CIFL           - Page 2 Empty Re: CIFL Wed Feb 20, 2013 9:41 pm

sanju351


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@TheProfessional2013 wrote:Hi All

Please do not mislead the innocent Investors because you are too greedy to pick at cheap cost. You will have to pay for these stupid one day. There are four bids currently under consideration of CIFL. So the most viable bid will be selected by the CIFL. Thanks to CBSL as a part of restructuring has referred all these prospective buyers to CIFL with confidence so that there will be no doubt about the capital reorganisation. Finance Companies License are not issued for the new entrants to the Industryby the CBSL now so still there is a intangible value of the Company and the License.

CBSL has given the buyers a deadline March 31st 2013 as the process of capital reorganization finalization and CIFL to come up with their future plans of the existing business to co-operate the acquisition.

This is not a promotion, a true story.
Regards
TheProfessional

what is the source dear friend - and thank you anyway ..

25CIFL           - Page 2 Empty Re: CIFL Wed Feb 20, 2013 10:12 pm

VertexCSE


Equity Analytic
Equity Analytic
i think CIFL is good at this range(3.40) for trading. get a small gain and get out soon.

26CIFL           - Page 2 Empty Re: CIFL Wed Feb 20, 2013 10:22 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Without the source this becomes another meaningless story Evil or Very Mad

TheProfessional2013 has opened an account just to state these things. Looks like a company representative come here seeing the ailing stock price.

If u have guts, Mr, pls disclose the source..

27CIFL           - Page 2 Empty Re: CIFL Wed Feb 20, 2013 11:57 pm

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Even if this story is true it cannot be good news to CIFL shareholders.

The share price has come down to such a low level that the required capital injection would wipe out existing shareholders. -> Note that capital raising should be done when the share price is high (hence should JKH issue rights etc)

Nothing short of a capital injection will help CIFL. Even if deposits are converted to shares, every1 else is diluted.

The other thing is that Finance Companies incur quite a lot in expenditure. The expenditure should comes from net interest income. Hence CIFL has to 1) get new capital and 2) give out high interest loans to every man and his dog.

28CIFL           - Page 2 Empty Re: CIFL Wed Feb 20, 2013 11:58 pm

sanju351

sanju351
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@smallville wrote:Without the source this becomes another meaningless story Evil or Very Mad

TheProfessional2013 has opened an account just to state these things. Looks like a company representative come here seeing the ailing stock price.

If u have guts, Mr, pls disclose the source..

The Professional 2013 - be like gutsy smallville - who is always working as per his agenda ..

29CIFL           - Page 2 Empty Re: CIFL Thu Feb 21, 2013 12:04 am

sanju351

sanju351
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@rainmaker wrote:Even if this story is true it cannot be good news to CIFL shareholders.

The share price has come down to such a low level that the required capital injection would wipe out existing shareholders. -> Note that capital raising should be done when the share price is high (hence should JKH issue rights etc)

Nothing short of a capital injection will help CIFL. Even if deposits are converted to shares, every1 else is diluted.

The other thing is that Finance Companies incur quite a lot in expenditure. The expenditure should comes from net interest income. Hence CIFL has to 1) get new capital and 2) give out high interest loans to every man and his dog.

This is nuts and bullshit ..
So u say CIFL will go bankrupt and shareholders will get zero and so on
Who is paying you my friend ?

Why are you talking like a wild buffalo - see what happened to SEYLAN BANK -LFIN -PABC
how there companies came up from such a bad situation ?

CIFL is now in safe hands of a chairman who is having a vision and plan for the Future ..who had turn loss making companies to profit making ones ...

Lets see you after March 31 ..we will show you stars in day light ..
Go to hell - dont just say things because you are having your own bosses agenda ..

30CIFL           - Page 2 Empty Re: CIFL Thu Feb 21, 2013 12:39 am

TheProfessional2013

TheProfessional2013
Senior Equity Analytic
Senior Equity Analytic
@sanju351 wrote:
@rainmaker wrote:Even if this story is true it cannot be good news to CIFL shareholders.

The share price has come down to such a low level that the required capital injection would wipe out existing shareholders. -> Note that capital raising should be done when the share price is high (hence should JKH issue rights etc)

Nothing short of a capital injection will help CIFL. Even if deposits are converted to shares, every1 else is diluted.

The other thing is that Finance Companies incur quite a lot in expenditure. The expenditure should comes from net interest income. Hence CIFL has to 1) get new capital and 2) give out high interest loans to every man and his dog.

This is nuts and bullshit ..
So u say CIFL will go bankrupt and shareholders will get zero and so on
Who is paying you my friend ?

Why are you talking like a wild buffalo - see what happened to SEYLAN BANK -LFIN -PABC
how there companies came up from such a bad situation ?

CIFL is now in safe hands of a chairman who is having a vision and plan for the Future ..who had turn loss making companies to profit making ones ...

Lets see you after March 31 ..we will show you stars in day light ..
Go to hell - dont just say things because you are having your own bosses agenda ..


Exactly These stupid people Twisted Evil

31CIFL           - Page 2 Empty Re: CIFL Thu Feb 21, 2013 7:08 am

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@sanju351 wrote:
@smallville wrote:Without the source this becomes another meaningless story Evil or Very Mad

TheProfessional2013 has opened an account just to state these things. Looks like a company representative come here seeing the ailing stock price.

If u have guts, Mr, pls disclose the source..

The Professional 2013 - be like gutsy smallville - who is always working as per his agenda ..

LOL Sanju, u know that ur our favorute joker rite?

we're only keeping u in the forum (even with the garbage u talk) for us to have some occasional fun time.. U come here and talk about some bulshit then leave...
Twisted Evil Twisted Evil

32CIFL           - Page 2 Empty Re: CIFL Thu Feb 21, 2013 7:18 am

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@sanju351 wrote:
@rainmaker wrote:Even if this story is true it cannot be good news to CIFL shareholders.

The share price has come down to such a low level that the required capital injection would wipe out existing shareholders. -> Note that capital raising should be done when the share price is high (hence should JKH issue rights etc)

Nothing short of a capital injection will help CIFL. Even if deposits are converted to shares, every1 else is diluted.

The other thing is that Finance Companies incur quite a lot in expenditure. The expenditure should comes from net interest income. Hence CIFL has to 1) get new capital and 2) give out high interest loans to every man and his dog.

This is nuts and bullshit ..
So u say CIFL will go bankrupt and shareholders will get zero and so on
Who is paying you my friend ?

Why are you talking like a wild buffalo - see what happened to SEYLAN BANK -LFIN -PABC
how there companies came up from such a bad situation ?

CIFL is now in safe hands of a chairman who is having a vision and plan for the Future ..who had turn loss making companies to profit making ones ...

Lets see you after March 31 ..we will show you stars in day light ..
Go to hell - dont just say things because you are having your own bosses agenda ..

LFIN I cannot remember a bad time wit them.. PABC of course still have to improve, SEYB is striving to get up, and these are good things.. CIFL will not go bankrupt but its going thru a difficult time and certainly not a choice for now..

Which loss companies the chairman made profitable.. However, even if he tries, CIFL is on a shit-hole now..
I thought u have brains for a second, but it seems ur sitting on your brains while the other part does the trading.. What do u understand from the below figures?

9 months EPS = - 1.77
Net Assets per share = - Rs. 6.67
Return on Equity = - 26.56%

1 & 2 shareholder - ASPIC CORPORATION (not Capital Trust)

IF ur interested in financial company, do u have to go for CIFL? Gosh... dont u ever found another one?
U can see stars in day light with March results too, dont tell us we didnt tell u.. Unless some not worthy seize the opportunity and do a pump-n-dump, this is ayyo salary..
Go grab this below 3.40..

33CIFL           - Page 2 Empty Re: CIFL Thu Feb 21, 2013 8:02 am

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Sanju,

Did I say CIFL will go bankrupt? No
I said that a capital injection will dilute existing shareholders like you to a point. Take the following example:

Share price 3.40/= Market Cap 291M/=

Say CIFL needs 500M/= in a capital injection. Then if there is a share issue at 3.40/= will be approx 2:1 which means for every existing share 2 new share are issued. -> what will that do to your Earnings "per share" or your net asset value "per share".

But do you think an investor will want a share issued at 3.40/=? No he will want it for cheaper. So you will get more diluted.

The more diluted you get the lower the share price will become.

The share price could come up but there is a risk and it will take time.
So CIFL will be good for the new investor but bad for the old investors who bought at higher prices.

*Note: The above will also happen if you convert deposits into shares.

34CIFL           - Page 2 Empty Re: CIFL Fri Feb 22, 2013 4:13 am

anges


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
well with all this information i hope you guys will put your money where your mouth is ! invest big guys since your sure of this ! good luck i will comment again on 01/04/2013 which is a day after the deal is done ! which also happens to be april's fools day ! lol

35CIFL           - Page 2 Empty Re: CIFL Fri Feb 22, 2013 7:30 am

Fresher


Moderator
Moderator
1) BLUE
2) GREG
3) CITH
4) CIFL
5)

Smile

36CIFL           - Page 2 Empty New about CIFL Fri Feb 22, 2013 12:29 pm

TheProfessional2013

TheProfessional2013
Senior Equity Analytic
Senior Equity Analytic
What do u know new about the CIFL restructuring plan announcement and who is selling in the market ?

37CIFL           - Page 2 Empty Re: CIFL Fri Feb 22, 2013 12:55 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
I presume you know. So you want other to let you know? I saw you made a comment about this somewhere.

38CIFL           - Page 2 Empty Re: CIFL Fri Feb 22, 2013 3:51 pm

salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics
http://forum.srilankaequity.com/t26080-cifl-so-bad

39CIFL           - Page 2 Empty Re: CIFL Sun Apr 07, 2013 10:51 pm

salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics
Lets sort out first thing first, tell us about he status of civil now.

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