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

» A Strong bounce back of ASI is on the cards
by Equityinvestor Yesterday at 10:09 pm

» Prominent Investors of the colombo stock market
by Walbaba Yesterday at 9:09 pm

» GLAS will be winner with Super Gain.
by Promoney Yesterday at 3:41 pm

» Many positives for Next week
by Vishwanarth Yesterday at 12:29 pm

» Norway -> biggest shareholder of NDB
by Vishwanarth Yesterday at 12:28 pm

» Maldives records over 100,000 tourist arrivals in first 35 days of the year
by samaritan Yesterday at 9:59 am

» Kind of behavior traders engage in when they are frustrated and want their money back from the market. Stock market for beginners
by lal62 Yesterday at 7:40 am

» EXPO EXPO EXPO
by Gowri123 Yesterday at 12:35 am

» still I believe this
by 100Bill Fri Mar 05, 2021 9:21 pm

» SUNSHINE HOLDINGS PLC (SUN.N0000)
by ErangaDS Fri Mar 05, 2021 8:19 pm

» Investor sentiment - will there ever be a recovery?
by xhunter Fri Mar 05, 2021 7:49 pm

» Let's have a stop-loss strategy to maximize investment returns in stock market
by EquityChamp Fri Mar 05, 2021 7:19 pm

» Daily Foreign Transactions
by Pradeep90 Fri Mar 05, 2021 6:56 pm

» DIPD/HAYC/HAYL
by samaritan Fri Mar 05, 2021 5:41 pm

» කොටස් මිල දී ගන්න මෙය හොඳම කාලයයි – රාජ්‍ය අමාත්‍ය කබ්රාල්
by samaritan Fri Mar 05, 2021 5:07 pm

» IS it right time to stick to warren buffett's most famous saying ???
by Mr. X Fri Mar 05, 2021 4:02 pm

» CSE - The World's best performer!
by Vishwanarth Fri Mar 05, 2021 2:42 pm

» Best Broker
by Wickyz Fri Mar 05, 2021 2:32 pm

» Game Changed! SUPER GREEN
by Karthick Fri Mar 05, 2021 12:24 pm

» Blue Diamond
by thavam_Eu Fri Mar 05, 2021 12:07 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™ » වංශකථාව » Possible Merger Proposals for Banks and Financial Institutes

Possible Merger Proposals for Banks and Financial Institutes

Go to page : Previous  1, 2

Go down  Message [Page 2 of 2]

NZ BOY


Moderator
Moderator
Everything went wrong . this is nt gd impact for the market ...............

Jiggysaurus


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@NZ BOY wrote:Everything went wrong . this is nt gd impact for the market ...............

You didn't know? This was predicted months ago by GMNet with her ARIMA model post.

dougieboy


Moderator
Moderator
So what do you expect?

Btw  why invest at CSE when ASI will go to 6600 in 5 years. Also only few more  point afterwards in next 10 years.

Useless place CSE according to GMNet . Just quit CSE. I also learning a lot from the wonderful GMNET, StockGuru, Valueprick , sstar who looks like identical quadruplets. Soon maybe quintruplets.

GMNet is doing a wonderful job with fantastic results. Forum is also  so wonderful with pro negative posts and great contributors as above .



 
@Jiggysaurus wrote:
@NZ BOY wrote:Everything went wrong . this is nt gd impact for the market ...............

You didn't know? This was predicted months ago by GMNet with her ARIMA model post.

dougieboy


Moderator
Moderator
Now who gave me a negative rep? Wonder wonder hehe.

Did I lie? DOn;t think so right?

@dougieboy wrote:So what do you expect?

Btw  why invest at CSE when ASI will go to 6600 in 5 years. Also only few more  point afterwards in next 10 years.

Useless place CSE according to GMNet . Just quit CSE. I also learning a lot from the wonderful GMNET, StockGuru, Valueprick , sstar who looks like identical quadruplets.  Soon maybe quintruplets.

GMNet is doing a wonderful job with fantastic results. Forum is also  so wonderful with pro negative posts and great  contributors as above .  



 
@Jiggysaurus wrote:
@NZ BOY wrote:Everything went wrong . this is nt gd impact for the market ...............

You didn't know? This was predicted months ago by GMNet with her ARIMA model post.

SHARK aka TAH


Expert
Expert
@dougie Smile
what can you expect in a PRO negative forum Smile

SHARK aka TAH

SHARK aka TAH
Expert
Expert
Now its the return we all are getting from jilmart & company Smile if stockguru is saying this is inside information SEC can hold SLEF responsible and probably shutdown this site .....  Rolling Eyes 

StockGuru

StockGuru
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@dougieboy wrote: Can you show how TFIL and CALF have invested over Rs 10 Billion in Government securities?
The assets of TFIL and CALF even doesn't go over Rs 2.6 billion. But they have invested Rs 10 billion? Amazing.


So you compare CALF and TFIL to be both worth Rs 1 billion?  That means Rs 0.5 Billion for each company. ?  Have you looked at financials of the 2 companies to make statement like this?  TFIL is far ahead of CALF.

What do you mean survivors ?

Is this a  another traffic generator post by the Gill mart one man/woman show.


@StockGuru wrote:
Trade Finance & Investments (TFIL) + Capital Alliance Finance PLC (CALF)
Note - CLF and TFIL has invested over Rs.10 billion in government securities and both companies have been on the market for sale for a total consideration of Rs.1 billion which has been not so fruitful to date,

Survivors

Bank of Ceylon

Commercial Bank

Hatton National Bank

LB Finance

Central Finance PLC (CFIN)

On the Fence

Peoples Bank may look for Mergers

DearDougieboy,

I know I look at the financials before typing. CALF & TFIL means entire group of Capital Alliance including their primary dealing arm. CALF & TFIL are run by inter-related parties.The total investment of Capital Alliance group is nearly Rs.10 billion in Government Securities and they have got stuck. Last year last quarter (2013) their head Ajith Fernando was secretly meeting Sri Lanka's King of Bonds at Cinnamon Grand with another industry veteran just two days after Central Bank's Monetary Policy was prepared and discussed at Negombo Jetwing Blue. King of Bonds is a consultant to Central Bank too.They were sharing inside information while on a coffee prior to many Sri Lankan getting to know about consolidation. That was inside information those company heads were sharing with regards to interest rates,bond rates,market listings,consolidation..etc and I have my sources from Colombo's top hotels and suburbs too.

StockGuru

StockGuru
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
I have a picture for proof.apart from their conversation I heard.

greedy007


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@StockGuru wrote:I have a picture for proof.apart from their conversation I heard.

Shall I pass the info to SEC to investigate and Harsha to raise in the Parliament?

StockGuru

StockGuru
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@greedy007 wrote:
@StockGuru wrote:I have a picture for proof.apart from their conversation I heard.

Shall I pass the info to SEC to investigate and Harsha to raise in the Parliament?

We already informed Harsha last year.But no move.

Harsha is playing different game in Sri Lanka he is contracted to bring down foreign investment deals in the country and to make sure FDI is not flowing to country in ways of Casinos, Hotels but only to come as loans so that he can keep criticizing.

Yes please.But Harsha is scared to King of Bonds because King of Bonds was a senior to Harsha at Royal College. Harsha even didn't mention King of Bonds name at NSB,TFC deal, but after some stressed he once revealed only King of Bonds name without the names of others involved because if Harsha reveals it will fire back to UNP since the guys mainly involved at NSB,TFC Deal go far back to the history of UNP and nourishing under UNP, and Ravi Karunanayake and so many things will come out such as Natwealth Securities,Mismanagement of Mahapola Funds under 2001 UNP Government and before that even...etc etc.

StockGuru

StockGuru
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
From R.Senathiraja, Rajan Asirwatham,Chandu Epitawala to PB Jayasundera, they some way or the other were at Public Enterprises Reform Commission of Sri Lanka (PERK) during UNP...Some became businessmen after identifying greatly valued plantations and buying them at a discounted rate.

Eg - They undervalued plantations by their reports, said unprofitable and sold and indirectly later came on to boards,.

But Jayasundera was the only guy who ran the office from a long time being a public servicemen for over 4 decades.

Read 'Chaura Raajya' book by Victor Ivan to get the info on how great banks and plantations were sold by UNP and what's the price.

dougieboy


Moderator
Moderator
Oh Really,can you explain the below?

From what I see..

TFIL asset is 1.6 billion
Calf asset is  0.9 billion

and they hold 10 billion . Are they cheating in their accounts to hide these?

Also TFIL coorays are related to CALF people  is it?
Somehow TFIL is valued around the same as CALF with 50% more nav and much higher eps? Wow. some mistake.

At present market price ,  TFIL not even valued at 1 time book value ?  So then it is trading too high ! The strongest in small finance companies !
Wow then CFL should be trading much lower to TFIL .







@StockGuru wrote:
@dougieboy wrote: Can you show how TFIL and CALF have invested over Rs 10 Billion in Government securities?
The assets of TFIL and CALF even doesn't go over Rs 2.6 billion. But they have invested Rs 10 billion? Amazing.


So you compare CALF and TFIL to be both worth Rs 1 billion?  That means Rs 0.5 Billion for each company. ?  Have you looked at financials of the 2 companies to make statement like this?  TFIL is far ahead of CALF.

What do you mean survivors ?

Is this a  another traffic generator post by the Gill mart one man/woman show.


@StockGuru wrote:
Trade Finance & Investments (TFIL) + Capital Alliance Finance PLC (CALF)
Note - CLF and TFIL has invested over Rs.10 billion in government securities and both companies have been on the market for sale for a total consideration of Rs.1 billion which has been not so fruitful to date,

Survivors

Bank of Ceylon

Commercial Bank

Hatton National Bank

LB Finance

Central Finance PLC (CFIN)

On the Fence

Peoples Bank may look for Mergers

DearDougieboy,

I know I look at the financials before typing. CALF & TFIL means entire group of Capital Alliance including their primary dealing arm. CALF & TFIL are run by inter-related parties.The total investment of Capital Alliance group is nearly Rs.10 billion in Government Securities and they have got stuck. Last year last quarter (2013) their head Ajith Fernando was secretly meeting Sri Lanka's King of Bonds at Cinnamon Grand with another industry veteran just two days after Central Bank's Monetary Policy was prepared and discussed at Negombo Jetwing Blue. King of Bonds is a consultant to Central Bank too.They were sharing inside information while on a coffee prior to many Sri Lankan getting to know about consolidation. That was inside information those company heads were sharing with regards to interest rates,bond rates,market listings,consolidation..etc and I have my sources from Colombo's top hotels and suburbs too.

StockGuru

StockGuru
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@dougieboy wrote:Oh Really,can you explain the below?

From what I see..

TFIL asset is 1.6 billion
Calf asset is  0.9 billion

and they hold 10 billion . Are they cheating in their accounts to hide these?

Also TFIL coorays are related to CALF people  is it?
Somehow TFIL is valued around the same as CALF with 50% more nav and much higher eps? Wow.  some mistake.

At present market price ,  TFIL not even valued at 1 time book value ?  So then it is trading too high ! The strongest in small finance companies !

Wow then CFL should be trading much lower to TFIL .

Please note I told you entire Capita Alliance Group including Primary Dealing arm.Not only finance companies.So they tried divesting the both finance companies for Rs. 1 billion because Finance company license is around Rs.500 million.







@StockGuru wrote:
@dougieboy wrote: Can you show how TFIL and CALF have invested over Rs 10 Billion in Government securities?
The assets of TFIL and CALF even doesn't go over Rs 2.6 billion. But they have invested Rs 10 billion? Amazing.


So you compare CALF and TFIL to be both worth Rs 1 billion?  That means Rs 0.5 Billion for each company. ?  Have you looked at financials of the 2 companies to make statement like this?  TFIL is far ahead of CALF.

What do you mean survivors ?

Is this a  another traffic generator post by the Gill mart one man/woman show.


@StockGuru wrote:
Trade Finance & Investments (TFIL) + Capital Alliance Finance PLC (CALF)
Note - CLF and TFIL has invested over Rs.10 billion in government securities and both companies have been on the market for sale for a total consideration of Rs.1 billion which has been not so fruitful to date,

Survivors

Bank of Ceylon

Commercial Bank

Hatton National Bank

LB Finance

Central Finance PLC (CFIN)

On the Fence

Peoples Bank may look for Mergers

DearDougieboy,

I know I look at the financials before typing. CALF & TFIL means entire group of Capital Alliance including their primary dealing arm. CALF & TFIL are run by inter-related parties.The total investment of Capital Alliance group is nearly Rs.10 billion in Government Securities and they have got stuck. Last year last quarter (2013) their head Ajith Fernando was secretly meeting Sri Lanka's King of Bonds at Cinnamon Grand with another industry veteran just two days after Central Bank's Monetary Policy was prepared and discussed at Negombo Jetwing Blue. King of Bonds is a consultant to Central Bank too.They were sharing inside information while on a coffee prior to many Sri Lankan getting to know about consolidation. That was inside information those company heads were sharing with regards to interest rates,bond rates,market listings,consolidation..etc and I have my sources from Colombo's top hotels and suburbs too.

dougieboy


Moderator
Moderator
Does not answer all the other inconsistacies.

@StockGuru wrote:
@dougieboy wrote:Oh Really,can you explain the below?

From what I see..

TFIL asset is 1.6 billion
Calf asset is  0.9 billion

and they hold 10 billion . Are they cheating in their accounts to hide these?

Also TFIL coorays are related to CALF people  is it?
Somehow TFIL is valued around the same as CALF with 50% more nav and much higher eps? Wow.  some mistake.

At present market price ,  TFIL not even valued at 1 time book value ?  So then it is trading too high ! The strongest in small finance companies !

Wow then CFL should be trading much lower to TFIL .

Please note I told you entire Capita Alliance Group including Primary Dealing arm.Not only finance companies.So they tried divesting the both finance companies for Rs. 1 billion because Finance company license is around Rs.500 million.







@StockGuru wrote:
@dougieboy wrote: Can you show how TFIL and CALF have invested over Rs 10 Billion in Government securities?
The assets of TFIL and CALF even doesn't go over Rs 2.6 billion. But they have invested Rs 10 billion? Amazing.


So you compare CALF and TFIL to be both worth Rs 1 billion?  That means Rs 0.5 Billion for each company. ?  Have you looked at financials of the 2 companies to make statement like this?  TFIL is far ahead of CALF.

What do you mean survivors ?

Is this a  another traffic generator post by the Gill mart one man/woman show.


@StockGuru wrote:
Trade Finance & Investments (TFIL) + Capital Alliance Finance PLC (CALF)
Note - CLF and TFIL has invested over Rs.10 billion in government securities and both companies have been on the market for sale for a total consideration of Rs.1 billion which has been not so fruitful to date,

Survivors

Bank of Ceylon

Commercial Bank

Hatton National Bank

LB Finance

Central Finance PLC (CFIN)

On the Fence

Peoples Bank may look for Mergers

DearDougieboy,

I know I look at the financials before typing. CALF & TFIL means entire group of Capital Alliance including their primary dealing arm. CALF & TFIL are run by inter-related parties.The total investment of Capital Alliance group is nearly Rs.10 billion in Government Securities and they have got stuck. Last year last quarter (2013) their head Ajith Fernando was secretly meeting Sri Lanka's King of Bonds at Cinnamon Grand with another industry veteran just two days after Central Bank's Monetary Policy was prepared and discussed at Negombo Jetwing Blue. King of Bonds is a consultant to Central Bank too.They were sharing inside information while on a coffee prior to many Sri Lankan getting to know about consolidation. That was inside information those company heads were sharing with regards to interest rates,bond rates,market listings,consolidation..etc and I have my sources from Colombo's top hotels and suburbs too.

StockGuru

StockGuru
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Capital Alliance Ajith Fernando manages two families and Cooray family is his present wife's family.

Thats all in short...Take Care in Sri Lanka its a small country everybody knows somebody its same in stock market.

People move companies.

'These are words of Wisdom' - from a Sri Lankan

dougieboy


Moderator
Moderator
Waht ever the family connection, comparing TFIL valuation to CALF does not make sense in anyway.

So you say TFIL is worth only Rs 0.5 Billion ? ( both are valued at 1 billion)

Even at Rs 1 billion it is still a joke. Why would anyone sell rs 3 eps , Rs 13 nav company for under the nav price and still not find a buyer?







@StockGuru wrote:Capital Alliance Ajith Fernando manages two families and Cooray family is his present wife's family.

Thats all in short...Take Care in Sri Lanka its a small country everybody knows somebody its same in stock market.

People move companies.

'These are words of Wisdom' - from a Sri Lankan

Aubrey Perera


Vice President - Equity Analytics
Vice President - Equity Analytics
Still no concrete proposal out almost end of Month? any news about probabilities ? Bull seems to have woken up GL

NZ BOY

NZ BOY
Moderator
Moderator
Calf merge with Tfil

dougieboy


Moderator
Moderator
TFIL is very strong. It will be very bad for it to merge with CALF.
@NZ BOY wrote:Calf merge with Tfil

Sponsored content


Back to top  Message [Page 2 of 2]

Go to page : Previous  1, 2

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