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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Distilleries Company of Sri Lanka PLC exit from People leasing company.

Distilleries Company of Sri Lanka PLC exit from People leasing company.

+4
Eng Krishantha
shadow walker
SLFINANCEWATCH
Harry82
8 posters

Go down  Message [Page 1 of 1]

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Distilleries Company of Sri Lanka PLC exit from People leasing company.

SLFINANCEWATCH

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

I also so Noted that, anyway who's the Buyer ?????

shadow walker

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

whos the buyer

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Now Plc is over valued share.

Plc is ready to buy CIFL , PMB(Very loss making finance companies).
This year, next year profit may effect from this decision.

Therefor DIST may decided to exit from PLC.

shadow walker

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

is that tru PLC buying CIFL ... are they mad

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Dist is ready to buy a finance company to merge with Mesta regal finance from that money(453.57 million rupees).

Which one is that finance company?

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

May be which one????

Abans Finance PLC
AMW Capital Leasing PLC
Nanda Investments Ltd
The Finance Company PLC
Associated Motor Finance Company Ltd
Kanrich Finance Ltd.
Industrial Finance Ltd
Next Finance Ltd
Seylan Merchant Leasing PLC

Eng Krishantha

Eng Krishantha
Expert
Expert

Shocked Shocked Shocked

shadow walker

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

oh buyer indra ... Whats going on

shadow walker

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

http://randora.lk/index.php/lead-article/item/3114-tuesday-markets

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

shadow walker wrote:is that tru PLC buying CIFL ... are they mad

PLC has big name. that is enough to recover CIFL.

in Financial Business need trustworthy. at the moment CIFL is in very bad position.
But With PLC maybe image is completely different.

I am not promoting CIFL.
at the moment CIFL is crap.

I think price should be bellow Rs. 1 even with PLC also.
after performing it can take high value. without performance we cannot expect anything.

aero


Manager - Equity Analytics
Manager - Equity Analytics

who is he buyer of PLC... Surprised Surprised ?
some collection going on last few days,and today also,,
will see what will happen,,?

PLC got technically strong position...

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Abans Finance PLC??

shadow walker

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

aero
read the news artical dear.. Buyer indra

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics

Harry82 wrote:May be which one????

Abans Finance PLC
AMW Capital Leasing PLC
Nanda Investments Ltd
The Finance Company PLC
Associated Motor Finance Company Ltd
Kanrich Finance Ltd.
Industrial Finance Ltd
Next Finance Ltd
Seylan Merchant Leasing PLC
I think they already met the requirement.They increased their capital recently.
They are complying with central bank requirement.but HJ may take over any company at any moment.

nkuda


Manager - Equity Analytics
Manager - Equity Analytics

Harry82 wrote:Now Plc is over valued share.

Plc is ready to buy CIFL

Don't tell Lie...

aero


Manager - Equity Analytics
Manager - Equity Analytics

shadow walker wrote:aero
read the news artical dear.. Buyer indra
indra finance is one of the subsidiary of commercial bankPLC..Am I right...?

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

aero,
You are correct. But PLC's current Plc price is overvalued . This is exit time.they will make capital losses. Evil or Very Mad

shadow walker

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

what overvalued..

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

PLC Annualized EPS is near Rs 2.00
Current price is 18.90
PER is near 10 times

Compaired with other finance company PLC is very very overvalued share
.....................................................................
BUT
CFIN Annualized EPS is near Rs 32.00
Current price is Rs 235.00
PER is near 7.5times

........................................................................
LFIN Annualized EPS is near Rs 26.00
Current price is Rs 170.00
PER is near 6.5 times
.............................................................................
VFIN Annualized EPS is near Rs 6.50
Current price is Rs 46.00
PER is near 7.0 times

....................................................................................
Even SFIN Annualized EPS is near Rs 1.95
(Net Assets per share = PLC net Assets per Share)
Current price is Rs 16.50
PER is near 8.5 times
..................
..............
.....................


There4 PLC is very over valued share

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

CDB Annualized EPS is near Rs 12.00
Current price is Rs 88.00
PER is near 7.5 times

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