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 : Previous  1, 2, 3 ... 13 ... 24  Next

Go down  Message [Page 2 of 24]

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


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


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

StocksWatch


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@seyon wrote: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

Seyon, the simple answer is it is not worth for that price. This is what I posted in another thread.

Paying Rs. 27.90 for a share having 11 months EPS of Rs. 0.34 and NAVPS of Rs. 4.53 as per the introductory document is just crazy.

See http://www.cse.lk/cmt/upload_report_file/1076_1311136379887.pdf

However, the EPS calculation in the introductory document seems flawed. The correct diluted EPS calculation will be as below.

11 months profit – Rs. 17,398,320.00
Total issued shares – 100,716,730 (after 1:10 split)
11 months EPS – 0.17
Annualized diluted EPS – 0.19

At an annual EPS of Rs. 0.19, this is currently trading at PE ratio of above 146.

Private placement took place last December for a share price of Rs. 1 and Rs. 1.65. Imagine how much profit they are making now.

I am sure those who buy this share at these levels will come later and start blaming the regulators for not saving them from their own mistakes just like the others are doing already.

http://forum.srilankaequity.com/t7016-cse-slaughter-house?highlight=slaughter


mark

mark
Expert
Expert
here we got the sweet announcement

http://www.cse.lk/cmt/upload_cse_announcements/9091311335300_.pdf

sold 20,000 at 27.90Rs

total profit=524,000Rs
total return=1541%,only in SRILANKA

*the 18.60 trade of 100 shares were intentionally made to increase the price in coming days Evil or Very Mad Evil or Very Mad

now who is the new directors Question Question

Many more announcements are on the way Twisted Evil

33LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) - Page 2 Empty See the Last Announcement Fri Jul 22, 2011 10:48 pm

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics
http://www.cse.lk/cmt/upload_cse_announcements/9091311335300_.pdf

34LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) - Page 2 Empty Nanda Investments traded lot today Mon Jun 17, 2013 10:17 am

hettdas

hettdas
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Nanda Investments 582000 traded with 155 trades. Any news ?

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
http://forum.srilankaequity.com/t29301-nanda-finance-stake-to-be-sold

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
A stake in Nanda Investments and Finance Limited owned by the Mallawarachchi family is being negotiated to be divested, according to sources close to the company.
“There is a party that has approached Nanda Investments and Finance and the discussions are on,” a source told the Business Times. He didn’t divulge for how much it is being sold, but said that it is a part stake of the 42 per cent which the Mallawarachchi family owns.
Lalith Mallawarachchi, also the managing director of the company, has 16.89 per cent in the company while his automobile company Nanda Motors has 14.6 per cent. Dinal Wijemanne, former CEO/Managing Director of brokerage Taprobane, has 28 per cent. Deposit mobilisation, leasing, hire purchase and loans to individuals and small to medium scale enterprises are the core businesses of Nanda Investments and Finance.

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@ Harry82

Can you provide the Link of the Business Times article of a contact person to make a negotiation for the stake .......plz

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Dont sell At this low price.

Asset also Rs 5.30.
I think up above Rs 10.00

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
@Harry82 wrote:Dont sell At this low price.

Asset also Rs 5.30.
I think up above Rs 10.00
lol! lol!

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
I dont know the retail Mkt price. But for this 42% stake i can arrange around Rs. 5.00 - 6.50 Per share due to the NAV. But need to check the Quality of the assets and the finance license.
Nothing else to be taken.

If a reputed manipulater take this quantity yes can be another DPL.

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@Arena wrote:I dont know the retail Mkt price. But for this 42% stake i can arrange around Rs. 5.00 - 6.50 Per share due to the NAV. But need to check the Quality of the assets and the finance license.
Nothing else to be taken.

If a reputed manipulater take this quantity yes can be another DPL.

It says,
Dinal Wijemanne, former CEO/Managing Director of brokerage Taprobane, has 28 per cent.

So be a lil' extra cautious.. Rolling Eyes

balapas


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
This share was manipulated after the IPO in 2011 and went close to RS30. But I think people are more mature now not to fall pray. This is already trading at a high premium. See its fallen back to the closing price.

besthope


Manager - Equity Analytics
Manager - Equity Analytics
@Harry82 wrote:Dont sell At this low price.

Asset also Rs 5.30.
I think up above Rs 10.00

did your "nanda" (aunty) give you this inside information lol!lol!lol!

Jiggysaurus

Jiggysaurus
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@balapas wrote:This share was manipulated after the IPO in 2011 and went close to RS30. But I think people are more mature now not to fall pray. This is already trading at a high premium. See its fallen back to the closing price.

Looks like the sunday times article was used to dump the share on to the retailers, nearly 1 million shares traded and price unchanged from the last closing. Let's see what happens during the rest of the week.

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
i also waiting for that

Takecharge


Manager - Equity Analytics
Manager - Equity Analytics
@smallville wrote:
@Arena wrote:I dont know the retail Mkt price. But for this 42% stake i can arrange around Rs. 5.00 - 6.50 Per share due to the NAV. But need to check the Quality of the assets and the finance license.
Nothing else to be taken.

If a reputed manipulater take this quantity yes can be another DPL.

It says,
Dinal Wijemanne, former CEO/Managing Director of brokerage Taprobane, has 28 per cent.

So be a lil' extra cautious.. Rolling Eyes
we should not judge as his case is still on Evil or Very Mad

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Machan my company wanted this 42% stake. That is y I was searching. Now sorted. We want a finance company with good Savings base not with Lands like NIFL.

Jiggysaurus

Jiggysaurus
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Takecharge wrote:
we should not judge as his case is still on

One of the cases is already done and dusted with DW clearly implicated.
http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=67324

econ

econ
Global Moderator
any idea  who is the buyer?

hettdas

hettdas
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
My broker said this would pass 10 within few days. But he didn't tell me the exact reason.

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
My broker also said that

Takecharge


Manager - Equity Analytics
Manager - Equity Analytics
will NIFL move up Today to new heights ?

53LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) - Page 2 Empty Who is the buyer of NIFL? Wed Jun 26, 2013 10:55 am

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Who is the buyer of NIFL?

KDD???

Takecharge


Manager - Equity Analytics
Manager - Equity Analytics
Big buy orders

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Management changed

Sponsored content


Back to top  Message [Page 2 of 24]

Go to page : Previous  1, 2, 3 ... 13 ... 24  Next

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