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.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post

Poll

Can there be another Covid-19 wave in Sri Lanka?

 
 
 

View results

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000)

LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000)

+101
kuma524
titus
chutiputha
shane001
nishantha041
glad
soileconomy
SM2014
market maxx
sirimevan
man123
Dhehan
Sim
Kinm hunter
chathu55
jatila_m@yahoo.com
cch
sach9993
buddikasmart
Thinker
Bolinger
siga
indi009
Ok One
dineshfernando
san1985
podda2
dakshinadk
Wessa123
Fragile
Damithsam
jonny
thankrishan
gamini4413992
marusira
CARACALLA
Lahiru08
anjelo
fireshelter
Padonrup
CSE1
cse.newbie
oops
EPS
Market.Player
K7
NZ BOY
sudheeee
Ernie Tissera
RPPA
OzTRADER
Market R
sharemarket
gayanath1983
piras
troy
Jana
shan
Nuwan Samarawickrama
ccsentha
novicer
sampath.anuradha
KPP
PrabathR
monash
rainmaker
VISA
sashimaal
Gainer
KDDND
sureshot
Burpy
econ
Takecharge
Jiggysaurus
besthope
balapas
smallville
Arena
Harry82
Redbulls
hettdas
Gaja
mark
Fresher
UKboy
manula
light
Genting
seyon
Kithsiri
sithika
player
lokuayya
innam
mono
cse.alpha
StocksWatch
salt
laksharemk
maddu
105 posters

Go to page : 1, 2, 3 ... 12 ... 24  Next

Go down  Message [Page 1 of 24]

maddu

maddu
Manager - Equity Analytics
Manager - Equity Analytics
The shares of the above Company would be permitted for trading from 20th July and would be classified under the Banks, Finance and Insurance Sector. These shares would be listed on the Diri Savi Board.

The details pertaining to the listings are as follows:

Type : Ordinary Voting Shares
Security Code : NIFL-N-0000
ISIN : LK0393N00005
Total no. of Shares to be listed : 100,716,730

The reference price of LKR 1.70.

What do you all think about this... Laughing Basketball cheers santa cherry

maddu

maddu
Manager - Equity Analytics
Manager - Equity Analytics
What's happen... not trading start yet... High BID prices... no one trying to buy...

LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Nifl_n11

thumbnail view
LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Nifl_n11

3LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Empty NIFL is it a dream? Thu Jul 21, 2011 9:50 am

laksharemk


Senior Equity Analytic
Senior Equity Analytic
1600% appreciation, valued @ 1.70 trading @ 27.90 affraid

salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics
@laksharemk wrote:1600% appreciation, valued @ 1.70 trading @ 27.90 affraid

CSE slaughter house!

laksharemk


Senior Equity Analytic
Senior Equity Analytic
Wonder whether this much of PIGs out there Question

StocksWatch


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@laksharemk wrote:Wonder whether this much of PIGs out there Question

See this, http://forum.srilankaequity.com/t7016-cse-slaughter-house#47807

cse.alpha


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
It's certainly a dream come true for the lucky few who bought at private placement on 27 December 2010.

Directors bought 30 mn shares at Rs 1 per share, and D Wijemanne (who is CEO of Taprobane Stock Brokers) bought 30 mn at Rs 1.65 per share - all values adjusted for 1 into 10 share split later.

Over 1500% return in 7 months - what bear market on the Colombo Stock Exchange?

Those who are buying NIFL at Rs 27.9 today though must have a very high appetite for risk as NIFL valuations are sky high.

read more at :

http://forum.srilankaequity.com/t6717-nanda-investments-finance-nif-a-few-pointers

mono

mono
Vice President - Equity Analytics
Vice President - Equity Analytics
I just don't understand how this happens. how can a broker honestly do this to their clients.

innam

innam
Manager - Equity Analytics
Manager - Equity Analytics
thanks to the relatively limited supply of shares that come onto the market in an introduction the insiders can make a killing in situations like these.

given how the CSE behaves those who buy at 27 on the bigger fool theory may even end up making money.

but anyone using their common sense can see that Nandamma (and their magical future prospects) is now valued at 2.8 BILLION which is nearly the same value as SFIN and compare this to VFIN which is valued at 1.6 BILLION.

so anybody jumping on the Nandamma as an INVESTMENT should ask themselves, is this better than SFIN and VFIN?

Of course buying and dumping on to a bigger fool is a different game (and probably the only way for traders to make money in the CSE right now).

salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics
@innam wrote:thanks to the relatively limited supply of shares that come onto the market in an introduction the insiders can make a killing in situations like these.

given how the CSE behaves those who buy at 27 on the bigger fool theory may even end up making money.

but anyone using their common sense can see that Nandamma (and their magical future prospects) is now valued at 2.8 BILLION which is nearly the same value as SFIN and compare this to VFIN which is valued at 1.6 BILLION.

so anybody jumping on the Nandamma as an INVESTMENT should ask themselves, is this better than SFIN and VFIN?

Of course buying and dumping on to a bigger fool is a different game (and probably the only way for traders to make money in the CSE right now).

Unfortunatley innam, i can give you only one +rep

lokuayya


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Why there are no sellers? strange

laksharemk


Senior Equity Analytic
Senior Equity Analytic
Because the people who brought shares at private placement holding those to be dumped after artificial scarcity and price appreciation created as a result thanks to our foolish retailers and investors (not all).

player

player
Moderator
Moderator
those idiots Mad Mad Mad

those idiot directors had to decide the reference price as around 1500,then the share price will be at around 1 lakh(100,000), Twisted Evil Twisted Evil
then it will be a first record breaking price in all time in CSE,we can see the headlines in news papers like
"another marvelous record at booming CSE "..the best performing market in the world grab another record in debut of NIFL......
Razz Razz ,matto Mad

sithika


Senior Equity Analytic
Senior Equity Analytic
i managed to get 100 which is goin to sell at 900

seyon


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Hi Friends

To be frank, I did not even open the introductory document, So, can u just explain me is it worth to pay @ Rs.27.90, whereas its reference price just only Rs.1.70 ?

Yesterday i found only 100 shares were trade @ 18.60 Today 825,100 shares trade @ 27.90, then Tomorrow ?

Funny thing we can see from next annual report or may be coming quarter report, our innocent retailer Mr.X and Mr.Y in the Board Smile Smile Smile

Happy Trading



Last edited by seyon on Thu Jul 21, 2011 7:52 pm; edited 2 times in total

Kithsiri

Kithsiri
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Is this headed by Mr.Nanda Kodithuwakku?



Last edited by Kithsiri on Thu Jul 21, 2011 7:31 pm; edited 1 time in total (Reason for editing : Spelling error corrections!)

seyon


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Sorry guys, i did not see the previous post, i just opened up new post,

Moderators if u want u can merge the posts.



Hi Friends

To be frank, I did not even open the introductory document, So, can u just explain me is it worth to pay @ Rs.27.90, whereas its reference price just only Rs.1.70 ?

Yesterday i found only 100 shares were trade @ 18.60 Today 825,100 shares trade @ 27.90, then Tomorrow ?

Funny think we can see from next annual report or may be coming quarter report, our innocent retailer Mr.X and Mr.Y in the Board Smile Smile Smile

Happy Trading

seyon


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Kithsiri wrote:Is this headed by Mr.Nanda Kodithuwakku?

From tomorrow onwards, the chairman and board members are the persons who bought today... Smile Smile Smile

Genting


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@seyon wrote:

From tomorrow onwards, the chairman and board members are the persons who bought today... Smile Smile Smile

Damm... I always wanted be a board member or at least in the Top 20 list!
Seems like I miss the bus Sad

light

light
Senior Equity Analytic
Senior Equity Analytic
It could be a nightmare for some people affraid

manula


Vice President - Equity Analytics
Vice President - Equity Analytics
@sithika wrote:i managed to get 100 which is goin to sell at 900

going to sell at 900 Razz Razz Razz Arrow

seyon


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@manula wrote:
@sithika wrote:i managed to get 100 which is goin to sell at 900

going to sell at 900 Razz Razz Razz Arrow

Why u wonder ?

Possible in CSE, See with in two days Rs.1.70 become Rs.27.90.

This is very easy task for our traders to push up 27.90 to Rs.900 even to Rs.9,000......

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Oh Regulators.. They should have stayed right behind me and advice not to buy this massively over valued counter. Why cannt they do such a simple thing.
Government should sack the whole board.

player

player
Moderator
Moderator
@Genting wrote:
@seyon wrote:

From tomorrow onwards, the chairman and board members are the persons who bought today... Smile Smile Smile

Damm... I always wanted be a board member or at least in the Top 20 list!
Seems like I miss the bus Sad


me too,shit missed the Mn order Sad
i was thinking to change the name of the company as ****** finance company Wink

Fresher


Moderator
Moderator
SShhh.... these days introductions are more profitable for existing S/Hs than IPOs.
Therefore in the future they would consider an introduction to go public then a rights issue to raise more from the retailers

Sponsored content


Back to top  Message [Page 1 of 24]

Go to page : 1, 2, 3 ... 12 ... 24  Next

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