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FINANCIAL CHRONICLE™ » වංශකථාව » Possible Merger Proposals for Banks and Financial Institutes

Possible Merger Proposals for Banks and Financial Institutes

+8
Sstar
SHARK aka TAH
Aubrey Perera
mdcpk1975
Harry82
SLFINANCEWATCH
VALUEPICK
StockGuru
12 posters

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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


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


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


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

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