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.
FINANCIAL CHRONICLE™

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

LISTED COMPANIES

Submit Post


ADVERTISE
Poll

EXCHANGE RATE PREDICTION: 2022

 
 
 
 

View results

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» Breaking News- Kanchana to go to Qatar ; 2 more ministers off to Russia
by Beyondsenses Today at 8:13 am

» PM thanks President Biden for assuring US support to Sri Lanka
by Beyondsenses Today at 8:07 am

» අද රාත්‍රියෙන් පසු, යක්ෂයාගේ හෝරාව ඇරඹේ!
by Beyondsenses Today at 8:03 am

» Sri Lanka Stock Market heading toward ASPI 4500
by God Father Yesterday at 9:14 pm

» Why no power cuts in certain areas of Colombo?
by God Father Yesterday at 8:03 pm

» Expolanka to continue its winning streak
by samaritan Yesterday at 9:49 am

» කොළඹ රාජකීය ගොල්ෆ් සමාජය විසින් රජයේ දේපළ අවභාවිත කිරීම
by ddindika Yesterday at 9:33 am

» LOLC to enter the giant Indian Market
by samaritan Yesterday at 9:17 am

» LOLC HOLDINGS PLC (LOLC.N0000)
by CHRONICLE™ Yesterday at 6:46 am

» SOEs within Minimum Programme for Economic Recovery
by CHRONICLE™ Yesterday at 6:44 am

» COVID WAVES: Can there be another Covid-19 wave in Sri Lanka?
by CHRONICLE™ Yesterday at 6:36 am

» Luminex Limited lists on the Diri Savi Board after a capital raise of Rs. 250 Million
by CHRONICLE™ Yesterday at 6:34 am

» Importance of Agroforestry for Sri Lanka
by CHRONICLE™ Yesterday at 6:31 am

» Nivard Cabraal sets record straight on decision to allow flexibility to the rupee
by God Father Sun Jun 26, 2022 11:15 pm

» Baseless accusations against the former Governor Nivard Cabraal
by ChooBoy Sun Jun 26, 2022 10:44 pm

» Heavy losses at CPC whilst LIOC records profit
by ChooBoy Sun Jun 26, 2022 1:32 pm

» Misuse of government property by Royal Colombo Golf Club
by ChooBoy Sat Jun 25, 2022 12:52 pm

» SL Cauvery and Mannar Basins Petroleum Resource Data Revealed
by samaritan Sat Jun 25, 2022 12:00 pm

» Container shipping stocks routed
by target1 Fri Jun 24, 2022 1:32 pm

» Supply Chain Latest: Ocean Freight Rates Are Falling
by target1 Fri Jun 24, 2022 1:26 pm

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » TFIL - Major Acquisition Target?

TFIL - Major Acquisition Target?

+3
seek
Slstock
extremedeal
7 posters

Go down  Message [Page 1 of 1]

1TFIL - Major Acquisition Target? Empty TFIL - Major Acquisition Target? Mon Jan 27, 2014 10:26 am

extremedeal


Stock Analytic
Stock Analytic

With the said financial sector consolidation scenario, best financial companies gets the biggest attention. TFIL has the lowest Leverage, Good Return on Equity and a clean balance sheet. 3 out of their 5 branches are in Northern Region which makes it better for whoever acquires them.

Currently Central Finance and PLC finance are on the hunt for TFIL.

2TFIL - Major Acquisition Target? Empty Re: TFIL - Major Acquisition Target? Mon Jan 27, 2014 11:08 am

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

Is this from a reliable source?

extremedeal wrote:

Currently Central Finance and PLC finance are on the hunt for TFIL.

3TFIL - Major Acquisition Target? Empty Re: TFIL - Major Acquisition Target? Mon Jan 27, 2014 1:19 pm

extremedeal


Stock Analytic
Stock Analytic

slstock wrote:Is this from a reliable source?

extremedeal wrote:

Currently Central Finance and PLC finance are on the hunt for TFIL.

Yes,100% Reliable.

4TFIL - Major Acquisition Target? Empty Re: TFIL - Major Acquisition Target? Mon Jan 27, 2014 1:24 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

Well TFIL certainly had good fundamentals so who ever acquires it , it will not be a burden to them.

I hinted this share when it was in the Rs 14 and gain in The Rs 15/16

http://forum.srilankaequity.com/t32308p25-cse-in-2014-and-fundamental-shares-that-have-underperformed#191439

5TFIL - Major Acquisition Target? Empty Re: TFIL - Major Acquisition Target? Mon Jan 27, 2014 1:27 pm

extremedeal


Stock Analytic
Stock Analytic

slstock wrote:Well TFIL certainly had good fundamentals so who ever acquires it , it will not be a burden to them.

I hinted this share when it was in the Rs 14 and gain in The Rs 15/16

http://forum.srilankaequity.com/t32308p25-cse-in-2014-and-fundamental-shares-that-have-underperformed#191439

Yes, this will not give any unwanted burden to the acquiring company. That is why good companies like CFIN and PLC are interested.

6TFIL - Major Acquisition Target? Empty Re: TFIL - Major Acquisition Target? Mon Jan 27, 2014 7:47 pm

seek


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

don't you think central finance and PLC are too big for TFIL?

7TFIL - Major Acquisition Target? Empty Re: TFIL - Major Acquisition Target? Fri Jan 31, 2014 1:16 pm

extremedeal


Stock Analytic
Stock Analytic

seek wrote:don't you think central finance and PLC are too big for TFIL?
It is the other way around. TFIL is the acquisition target. They have the lowest leverage among financial companies and that makes them a a huge target. Hope some of you were able to pick them up at 16 when this thread went alive.

Exit at around 24-30...

8TFIL - Major Acquisition Target? Empty Re: TFIL - Major Acquisition Target? Fri Jan 31, 2014 1:31 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

By no means this is  a price target to follow blindly.
So no blind following or blames games if it doesn't get there  


This is just a educational calculation :

After this quarter . TFIL NAV  will be about 13.  

If at  2 times Book value  Price will be  : Rs 26

There are roughly 56.8 mil shares,

So at Rs 26 ( just for argument)  
TFIL totally is worth  26*56.8 = 1.48 billion

Interestingly their Assets are at 1.405  Bil by Sept ( liabilities about 0.7 bil)

Estimated earning will be well over 150 mil this year.

I see CFL running ahead of TFIL right now with lesser book value.

If they get acquired how much will the acquirer pay for a company like this. . Good question right?

Disclosure : I hold a limited quantity of this share (sadly) . Already over 60% profit so anything above Rs 20 will be bonus for me.

9TFIL - Major Acquisition Target? Empty Re: TFIL - Major Acquisition Target? Fri Jan 31, 2014 1:41 pm

Hawk Eye

Hawk Eye
Expert
Expert

slstock wrote:By no means this is  a price target to follow blindly.
So no blind following or blames games if it doesn't get there  


This is just a educational calculation :

After this quarter . TFIL NAV  will be about 13.  

If at  2 times Book value  Price will be  : Rs 26

There are roughly 56.8 mil shares,

So at Rs 26 ( just for argument)  
TFIL totally is worth  26*56.8 = 1.48 billion

Interestingly their Assets are at 1.405  Bil by Sept ( liabilities about 0.7 bil)

Estimated earning will be well over 150 mil this year.

I see CFL running ahead of TFIL right now with lesser book value.

If they get acquired how much will the acquirer pay for a company like this. . Good question right?

Disclosure : I hold a limited quantity of this share (sadly) . Already over 60% profit so anything above Rs 20 will be bonus for me.


Is it going to be an acquisition or merger ???

10TFIL - Major Acquisition Target? Empty Re: TFIL - Major Acquisition Target? Fri Jan 31, 2014 1:43 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

Yes , I should restate. I don;t think Major holders will sell looking at the history.
So Merger is a better bet.


Hawk Eye wrote:
slstock wrote:By no means this is  a price target to follow blindly.
So no blind following or blames games if it doesn't get there  


This is just a educational calculation :

After this quarter . TFIL NAV  will be about 13.  

If at  2 times Book value  Price will be  : Rs 26

There are roughly 56.8 mil shares,

So at Rs 26 ( just for argument)  
TFIL totally is worth  26*56.8 = 1.48 billion

Interestingly their Assets are at 1.405  Bil by Sept ( liabilities about 0.7 bil)

Estimated earning will be well over 150 mil this year.

I see CFL running ahead of TFIL right now with lesser book value.

If they get acquired how much will the acquirer pay for a company like this. . Good question right?

Disclosure : I hold a limited quantity of this share (sadly) . Already over 60% profit so anything above Rs 20 will be bonus for me.


Is it going to be an acquisition or merger ???

11TFIL - Major Acquisition Target? Empty Re: TFIL - Major Acquisition Target? Fri Jan 31, 2014 1:59 pm

Hawk Eye

Hawk Eye
Expert
Expert

I am still confused. Frankly speaking.with all these appreciation in prices.

Someone Pls clear my doubts
- What is the consideration expected to offer. Share SWAP/Cash
- Who has more power to negotiate,
- Are the big banks running behind the finance companies?
- Mergers will be done on current market price?

12TFIL - Major Acquisition Target? Empty Re: TFIL - Major Acquisition Target? Fri Jan 31, 2014 2:09 pm

Leon


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

slstock wrote:By no means this is  a price target to follow blindly.
So no blind following or blames games if it doesn't get there  


This is just a educational calculation :

After this quarter . TFIL NAV  will be about 13.  

If at  2 times Book value  Price will be  : Rs 26

There are roughly 56.8 mil shares,

So at Rs 26 ( just for argument)  
TFIL totally is worth  26*56.8 = 1.48 billion

Interestingly their Assets are at 1.405  Bil by Sept ( liabilities about 0.7 bil)

Estimated earning will be well over 150 mil this year.

I see CFL running ahead of TFIL right now with lesser book value.

If they get acquired how much will the acquirer pay for a company like this. . Good question right?

Disclosure : I hold a limited quantity of this share (sadly) . Already over 60% profit so anything above Rs 20 will be bonus for me.



@ Slstock, With this consolidation matter, smaller & isolated finance companies will be acquired by bigger companies prices of those will appreciate. In that scenario what will happen to the companies like LOFC.(Finance companies come under group of companies) They are supposed to merge with their mother company. Will their prices also appreciate???

13TFIL - Major Acquisition Target? Empty Re: TFIL - Major Acquisition Target? Fri Jan 31, 2014 2:11 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

Hawk Eye wrote:I am still confused. Frankly speaking.with all these appreciation in prices.

Someone Pls clear my doubts
- What is the consideration expected to offer. Share SWAP/Cash
- Who has more power to negotiate,
- Are the big banks running behind the finance companies?
- Mergers will be done on current market price?

Mate the price appreciation and what all these happenning well planned and engineered. Time will reveal. Upto that just play the game with the tide.

Without Confusion (buyer or seller), stock market or the modern era markets won't survive.

Enjoy the game and comments like "I told you no?" for the time being.

14TFIL - Major Acquisition Target? Empty Re: TFIL - Major Acquisition Target? Fri Jan 31, 2014 2:18 pm

Hawk Eye

Hawk Eye
Expert
Expert

Redbulls wrote:
Hawk Eye wrote:I am still confused. Frankly speaking.with all these appreciation in prices.

Someone Pls clear my doubts
- What is the consideration expected to offer. Share SWAP/Cash
- Who has more power to negotiate,
- Are the big banks running behind the finance companies?
- Mergers will be done on current market price?

Mate the price appreciation and what all these happenning well planned and engineered. Time will reveal. Upto that just play the game with the tide.

Without Confusion (buyer or seller), stock market or the modern era markets won't survive.

Enjoy the game and comments like "I told you no?" for the time being.

I sensed it. All the best. i kept out of this anyway

15TFIL - Major Acquisition Target? Empty Re: TFIL - Major Acquisition Target? Thu Mar 27, 2014 2:12 pm

Aubrey Perera


Vice President - Equity Analytics
Vice President - Equity Analytics

Extremedeal this acquisition hasn't come out as yet ? what's the latest on TFIL please share as i hold a considerable amount. tks

16TFIL - Major Acquisition Target? Empty Re: TFIL - Major Acquisition Target? Mon Sep 01, 2014 8:16 am

extremedeal


Stock Analytic
Stock Analytic

Aubrey Perera wrote:Extremedeal this acquisition hasn't come out as yet ? what's the latest on TFIL please share as i hold a considerable amount. tks

Coming to forum after a long time. Guess your question is already answered. Laughing

You all are welcome cheers

17TFIL - Major Acquisition Target? Empty Re: TFIL - Major Acquisition Target? Mon Sep 01, 2014 12:45 pm

Aubrey Perera


Vice President - Equity Analytics
Vice President - Equity Analytics

yep exited at a hefty profit Smile

Back to top  Message [Page 1 of 1]

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