Possible Merger Proposals for Banks and Financial Institutes

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

StockGuru wrote:I have a picture for proof.apart from their conversation I heard.

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?

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 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 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 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

NZ BOY wrote:Calf merge with Tfil