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TFIL - Major Acquisition Target? Vote_lcap11%TFIL - Major Acquisition Target? Vote_rcap 11% [ 21 ]
TFIL - Major Acquisition Target? Vote_lcap20%TFIL - Major Acquisition Target? Vote_rcap 20% [ 37 ]
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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

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