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51% shares of Free Lanka Capital Holdings PLC offered to Dhammika Perera - Page 2 Vote_lcap11%51% shares of Free Lanka Capital Holdings PLC offered to Dhammika Perera - Page 2 Vote_rcap 11% [ 21 ]
51% shares of Free Lanka Capital Holdings PLC offered to Dhammika Perera - Page 2 Vote_lcap20%51% shares of Free Lanka Capital Holdings PLC offered to Dhammika Perera - Page 2 Vote_rcap 20% [ 37 ]
51% shares of Free Lanka Capital Holdings PLC offered to Dhammika Perera - Page 2 Vote_lcap29%51% shares of Free Lanka Capital Holdings PLC offered to Dhammika Perera - Page 2 Vote_rcap 29% [ 54 ]
51% shares of Free Lanka Capital Holdings PLC offered to Dhammika Perera - Page 2 Vote_lcap40%51% shares of Free Lanka Capital Holdings PLC offered to Dhammika Perera - Page 2 Vote_rcap 40% [ 75 ]

Total Votes : 187

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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » 51% shares of Free Lanka Capital Holdings PLC offered to Dhammika Perera

51% shares of Free Lanka Capital Holdings PLC offered to Dhammika Perera

+21
Top Trader
Eng Krishantha
pirate
san1985
shadow walker
econ
Cricket Boy
A2Z
DealKing
SHARK aka TAH
keeper
sumudu.kumarasinghe
slmarket2
NZ BOY
NilangaG
mark
stevenapple
WildBear
troy
hettdas
Sstar
25 posters

Go to page : Previous  1, 2, 3  Next

Go down  Message [Page 2 of 3]

SHARK aka TAH


Expert
Expert

slmarket2 wrote:This will up 5
Its better to sell if at all comes to sell.... But i am not sure its worth more than 2 or max 2.3.

For me what ever going on..... FLCH worth below 2

DealKing


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

July 27, 2014

High net worth investor Dhammika Perera has offered to buy a 51% stake of Free Lanka Capital Holdings PLC for Rs. 2.8 billion, sources said. It is a transaction worth Rs 2,790 million for 697 million shares of the 1,368 million shares which constitutes the issued capital at Rs 4 per share, market sources told Ceylon FT yesterday. One of the reasons for the divestiture of the company...


is that the Free Lanka Capital Holdings was heading in different directions in the aftermath of the demise of the founder Kattar Aloysius and with the second and the third generations pulling the group in different directions and the staggering overnight drop in the post tax profits in a single year, they said.


Of the key shareholders of the company are Free Lanka Joint Venture Company (Pvt) Ltd which owns 54.68% of 767.6 million shares while Browns Investments PLC and Perpetual Holdings (Pvt) Ltd own 43 million shares each. One of the further salient points of the group's performance is that the turnover for the year ended 31 March, 2014 was increased to 4.6 billion from the Rs 4.2 billion a year ago, but the post tax profits between the years had nosedived from a billion rupees to Rs 25.6 million.

One of the key attractions of the Free Lanka Group is that it owns Maturata Plantations and partly owns Pussellawa Plantations and it is one of the largest wine importers in the country. They also said that the deal was going to be sealed by Ernst and Young, Chartered Accountants.

However, Dhammika and Free Lanka Capital Holdings PLC CEO Goddfrey Aloysius was not available for comment despite repeated attempts to contact them and all the call back messages. Dhammika's business partner Nimal Perera denied any knowledge of the proposed acquisition.

Source - www.ceylontoday.lk/22-69052-news-detail-dhammika-mulls-rs-28b-deal.html

mark


Expert
Expert

SHARK wrote:
slmarket2 wrote:This will up 5
Its better to sell if at all comes to sell.... But i am not sure its worth more than 2 or max 2.3.

For me what ever going on..... FLCH worth below 2


what is your valuation technique?

A2Z


Manager - Equity Analytics
Manager - Equity Analytics

Ane me nikan pala pala do yanna nikan boru kiyanne nathuwa.

hettdas


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

SHARK wrote:
slmarket2 wrote:This will up 5
Its better to sell if at all comes to sell.... But i am not sure its worth more than 2 or max 2.3.

For me what ever going on..... FLCH worth below 2

I think you should explain why you can't value FLCH more than 2. Their net asset value also 4.69 . According to you DP doesn't have analytical knowledge than you .  Laughing 

Cricket Boy


Senior Equity Analytic
Senior Equity Analytic

A2Z wrote:Ane me nikan pala pala do yanna nikan boru kiyanne nathuwa.

නිකන් මෝඩයෙක් වගේ හැසිරෙන්න එපා A2Z මේ forum එකේ

Cricket Boy


Senior Equity Analytic
Senior Equity Analytic

mark wrote:
SHARK wrote:
slmarket2 wrote:This will up 5
Its better to sell if at all comes to sell.... But i am not sure its worth more than 2 or max 2.3.

For me what ever going on..... FLCH worth below 2


what is your valuation technique?

ඔයා කොහොමද එහෙම කියන්නේ මන් හිතන්නේ ඔයා Dhammika pererata වඩා වැඩෙක් වගේ .

කියන්න Dhammika pererata PCH buy කරන්න කියලා

A2Z

A2Z
Manager - Equity Analytics
Manager - Equity Analytics

Cricket Boy wrote:
A2Z wrote:Ane me nikan pala pala do yanna nikan boru kiyanne nathuwa.

නිකන්  මෝඩයෙක්  වගේ  හැසිරෙන්න එපා A2Z    මේ forum එකේ

Ane palayan do yanna ************



Last edited by SHARK on Mon Jul 28, 2014 2:31 pm; edited 1 time in total (Reason for editing : A2Z Please behave your self)

econ

econ
Global Moderator

According to the account statements, NAVPS over 4.. so they have assets, currently trades low because low profitability in recent days.

WildBear


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

So far Dhammika Perera never acquired any craps, and his usual pattern is to get controlling stake when ever possible. This was his practice for last 15 years if you analyzed carefully.

shadow walker

shadow walker
Vice President - Equity Analytics
Vice President - Equity Analytics

A2Z wrote:
Cricket Boy wrote:
A2Z wrote:Ane me nikan pala pala do yanna nikan boru kiyanne nathuwa.

නිකන්  මෝඩයෙක්  වගේ  හැසිරෙන්න එපා A2Z    මේ forum එකේ

Ane palayan do yanna xxxxxx

 lol!

SHARK aka TAH

SHARK aka TAH
Expert
Expert

A2Z You have to be nice when you comment.....
We are a Public forum ..... I hope you understand.....  Smile 

SHARK

hettdas

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

econ wrote:According to the account statements, NAVPS over 4.. so they have assets, currently trades low because low profitability in recent days.

Yes. You are exactly correct. Their earnings are low these days. If DP buys he may have plans to improve earnings...

stevenapple


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

It seems better to buy few 1K's. scratch

WildBear


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

Along with FLCH, better to watch HPFL as well, which is a subsidiary of FLCH. 2 weeks back , there was a small run up to 6.8. This share once trade above 21.00

NZ BOY

NZ BOY
Moderator
Moderator

FLCH collecting With fake Selling orders

san1985

san1985
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

It doesn't seems like people reacting to the news.

Is that because it is not a fact or FLCH is not worth at this price.

However just in case if the deal goes through obviously it will do good to FLCH with Dhammika Pereras expertise.

Fingers crossed.

4351% shares of Free Lanka Capital Holdings PLC offered to Dhammika Perera - Page 2 Empty Just saying.... Wed Jul 30, 2014 10:54 am

pirate

pirate
Senior Equity Analytic
Senior Equity Analytic

Two things i want to highlight from a previous thread..

http://forum.srilankaequity.com/t12840-flch-nav-and-timber-stock-valuation?highlight=flch

1- Of course, the valuation of their timber stocks.
2- Most importantly, people wanted to see FLCH @5 since 2011


Happy trading pirat

Eng Krishantha

Eng Krishantha
Expert
Expert

bom bom bom bom 

shadow walker

shadow walker
Vice President - Equity Analytics
Vice President - Equity Analytics

cheers 

Top Trader


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

How many of you bought based on this paper article and dreaming?

troy

troy
Moderator
Moderator

Top Trader wrote:How many of you bought based on this paper article and dreaming?


certainly i did.... why??? any thing wrong?

Top Trader


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

troy wrote:
Top Trader wrote:How many of you bought based on this paper article and dreaming?


certainly i did.... why??? any thing wrong?

Nothing wrong, if you can hold it for a long period.

If you note the next day to the announcement, this share traded like nothing and went to even 2.40, because of the news, now even trading at 2.10

WildBear


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

I smell an organised collection going on

econ

econ
Global Moderator

FLCH can wake up suddenly just like the way CIFL did earlier.

stockboy


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

FLCH BIL SINI REG MHDL YORK MBSL will move very soon

NZ BOY

NZ BOY
Moderator
Moderator

YORK and MBSL all ready started to move Very Happy

dineshfernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Neither party rejected this news which means something pending.

When DP takes it over FLCH will be a gem.

NZ BOY

NZ BOY
Moderator
Moderator

Dhammike perera buy or not FLCH Good time to enter

i think

lakmal87


Manager - Equity Analytics
Manager - Equity Analytics

NZ BOY wrote:Dhammike perera buy or not FLCH Good time to enter

i think



Yes..i also think :-)

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