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



Latest topics

» The stock market can be a great place to make money; it can also be a great place to lose money. Stock market for beginners
by Asoka Samarakone Yesterday at 10:12 pm

» LOFC AND CLC Target Price??
by Captain Yesterday at 9:17 pm

» Top Foreign Trading today
by SAGA Yesterday at 6:32 pm

» Top crossings today
by SAGA Yesterday at 5:01 pm

» BROWNS INVESTMENTS PLC (BIL.N0000)
by samaritan Yesterday at 1:58 pm

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by Sunimal Yesterday at 12:52 pm

» Amana Takaful ATL & ATLL
by kanishkaecomm Yesterday at 12:17 pm

» Best Time to Collect Cic X
by Value Pick Yesterday at 8:15 am

» Why is First Capital Holdings being dumped?
by Berryfund Yesterday at 6:29 am

» AGST can move
by FINANCIAL CHRONICLE™ Thu Sep 16, 2021 11:58 pm

» COMMERCIAL CREDIT AND FINANCE PLC (COCR.N0000)
by newone Thu Sep 16, 2021 11:57 pm

» AGSTAR PLC (AGST.N0000)
by FINANCIAL CHRONICLE™ Thu Sep 16, 2021 11:57 pm

» RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)
by Bakkabwoi Thu Sep 16, 2021 8:10 pm

» Twitter accounts related to the stock market
by Bakkabwoi Thu Sep 16, 2021 8:09 pm

» TOKYO CEMENT COMPANY (LANKA) PLC
by xhunter Thu Sep 16, 2021 7:55 pm

» LOFC LOFC LOFC
by madukp Thu Sep 16, 2021 6:49 pm

» How Equity Emerged the Top Asset Class During a Pandemic
by samaritan Thu Sep 16, 2021 6:30 pm

» HVA FOODS PLC (HVA.N0000)
by rajini Thu Sep 16, 2021 12:38 pm

» Ambeon Holdings fully owned subsidiary MillenniumIT ESP gears for global expansion
by samaritan Thu Sep 16, 2021 11:39 am

» Sri Lanka IT and consultant industry moved closer to LKR 10Bn in 2Q 2021
by samaritan Thu Sep 16, 2021 11:36 am

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™ » PEOPLE'S LEASING & FINANCE PLC

PEOPLE'S LEASING & FINANCE PLC

+80
Venu123
kottuwa
Kanishka_2020
sachinthana87
Basu
DilanthaH
mandalorian
st clair's
DamithAsian
Bakkabwoi
IDK
atdeane
kalyana1234
parasangaha
RJ1010
sakuni
ddrperera
Vishwanarth
dilshangac
rukshan1234
hiransilva23
samansilva
SL-INVESTOR
Junior investor
nkbakon
SANJAYANM
Master D
madukp
shihan 93
4Corners
AsithaDe
shan31
wealth123
smnsam
dakzsl
gayan1987
judecroos
abey
dayandacool
svkiruba8@gmail.com
Champ888
M S L DIAS
Love Boy
viduranga
desh87
Win Win
Thush123
Mithooshan
pra4u
Eranga87
Don't Be Poor
KavinduTM
Ekanayake90
Srilankan Psyco
Randeer
ThilinaM
ResearchMan
Promoney
bhanu
hettdas
karuna2
samaritan
ravindu93
EquityChamp
CHANAKA PRASAD
prasa2004
SLFINANCEWATCH
Harry82
kumarweerarathne
smallinvestor
thankrishan
worthiness
Teller
anges
ranjan01
jayathu
VALUEPICK
vimasanno
Thushara Ayya
bandara 123
84 posters

Go to page : Previous  1 ... 7 ... 11, 12, 13, 14, 15  Next

Go down  Message [Page 12 of 15]

276PEOPLE'S LEASING & FINANCE PLC - Page 12 Empty Re: PEOPLE'S LEASING & FINANCE PLC Fri Dec 04, 2020 2:17 pm

Love Boy


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@kalyana1234 wrote:yes largest  finance trade on cheap prices.. net asset 20 EPS 2


You have to wait 100 years to get profit 
You seem to be very new to the market. If you know about PLC., you will never say like this. PLC will touch Rs.20/= within next year end. Very Happy Very Happy Very Happy Very Happy Very Happy

ADVENTUS, RJ1010, Nandun, judecroos, geesura and SANJAYANM like this post

277PEOPLE'S LEASING & FINANCE PLC - Page 12 Empty Re: PEOPLE'S LEASING & FINANCE PLC Fri Dec 04, 2020 3:01 pm

RJ1010


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@kalyana1234 wrote:yes largest  finance trade on cheap prices.. net asset 20 EPS 2


You have to wait 100 years to get profit 

Related to Maharaja? 🤔

278PEOPLE'S LEASING & FINANCE PLC - Page 12 Empty Re: PEOPLE'S LEASING & FINANCE PLC Fri Dec 04, 2020 5:54 pm

Love Boy


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
PLC will give approximately Rs.2.25 per share to next year. Rs.1 and Rs.1.25 per share for years 2020 and 2021. So, price must be around Rs.16/18= nearly.  Rolling Eyes

279PEOPLE'S LEASING & FINANCE PLC - Page 12 Empty Re: PEOPLE'S LEASING & FINANCE PLC Fri Dec 04, 2020 6:05 pm

atdeane


Equity Analytic
Equity Analytic
Announced a script divident now.

ADVENTUS and RJ1010 like this post

280PEOPLE'S LEASING & FINANCE PLC - Page 12 Empty Re: PEOPLE'S LEASING & FINANCE PLC Fri Dec 04, 2020 6:48 pm

Love Boy


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Script one is Non-Voting. There exist high chance to over value it after issued. Any suggestions

281PEOPLE'S LEASING & FINANCE PLC - Page 12 Empty Re: PEOPLE'S LEASING & FINANCE PLC Fri Dec 04, 2020 7:14 pm

samansilva


Manager - Equity Analytics
Manager - Equity Analytics
@Love Boy wrote:Script one is Non-Voting. There exist high chance to over value it after issued. Any suggestions
No dear this is ordinary shares..worth worth this dividend...PLC will hit Rs 15 ..

2019 also issue script dividend of 0.50 cents  there was  not happened   of  over value situation..

AEL agreement on the way purchasing construction equipment  under  leasing...  Very Happy Very Happy Very Happy

samansilva, ADVENTUS, RJ1010, Love Boy and judecroos like this post

282PEOPLE'S LEASING & FINANCE PLC - Page 12 Empty Re: PEOPLE'S LEASING & FINANCE PLC Fri Dec 04, 2020 8:02 pm

IDK


Senior Equity Analytic
Senior Equity Analytic
Will touch 15 on nxt week...
positive outlook

ADVENTUS likes this post

283PEOPLE'S LEASING & FINANCE PLC - Page 12 Empty Re: PEOPLE'S LEASING & FINANCE PLC Fri Dec 04, 2020 10:16 pm

wealth123


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
LFIN will give Rs.12.00 Cash Dividend, VFIN Rs.4.50.

284PEOPLE'S LEASING & FINANCE PLC - Page 12 Empty Re: PEOPLE'S LEASING & FINANCE PLC Fri Dec 04, 2020 10:29 pm

Harry82

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

Wealth123, you are correct . within 2 weeks they will announce the Cash / Script Dividend

285PEOPLE'S LEASING & FINANCE PLC - Page 12 Empty Re: PEOPLE'S LEASING & FINANCE PLC Fri Dec 04, 2020 10:33 pm

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
LFIN will give Rs.14.00 Cash / Script Divident vfin 4.50.

286PEOPLE'S LEASING & FINANCE PLC - Page 12 Empty Re: PEOPLE'S LEASING & FINANCE PLC Sat Dec 05, 2020 7:51 am

Love Boy


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
PLC will give cash dividend of Rs.0.6 first quarter of 2021. The announcement will be made after the PINS dividend news. Collect and play. Very Happy Very Happy Very Happy Very Happy Very Happy

wealth123 dislikes this post

287PEOPLE'S LEASING & FINANCE PLC - Page 12 Empty Re: PEOPLE'S LEASING & FINANCE PLC Sat Dec 05, 2020 10:38 am

Vishwanarth


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Dec4, PLC announced Script divided.

Friends pls explain how it happens and what we have to do as a procedure now.
Thanks

ADVENTUS likes this post

288PEOPLE'S LEASING & FINANCE PLC - Page 12 Empty Re: PEOPLE'S LEASING & FINANCE PLC Sat Dec 05, 2020 12:01 pm

Bakkabwoi

Bakkabwoi
Manager - Equity Analytics
Manager - Equity Analytics
hi..im a new investor and this is my first post in this forum! .. what you'll think for future of plc? scrip dividant may dilute the price? due to increment of stocks within the market? also it s a fairly good div with 5%  yield. Also can someone clarify..about the procedure.. how many stocks we will get on the date of dividant etc?

ADVENTUS likes this post

289PEOPLE'S LEASING & FINANCE PLC - Page 12 Empty Re: PEOPLE'S LEASING & FINANCE PLC Sat Dec 05, 2020 12:14 pm

DamithAsian


Manager - Equity Analytics
Manager - Equity Analytics
one free share for each 21 ordinary shares you held as at 03 Dec?

Bakkabwoi likes this post

290PEOPLE'S LEASING & FINANCE PLC - Page 12 Empty Re: PEOPLE'S LEASING & FINANCE PLC Sat Dec 05, 2020 12:21 pm

desh87


Manager - Equity Analytics
Manager - Equity Analytics
PLC has announced a 21:1 (rounded) script dividends.

Which means you as a shareholder will receive 1 extra share of every 21 shares you hold. You do not have to do anything. Your share account will reflect this in due course.

Theoretically, yes when a script dividend is issued, the number of outstanding shares will increase, therefore the price needs to adjust.
But practically, this will not work this way. Reason is, PLC historically pays a cash dividend in December. So the market price always had this factored in. So the price will not come down from levels before the announcement.
If you think about it, script and cash dividends has the same effect to the company. In a cash dividend, cash comes out from the company to shareholders. In a script dividend, cash stays in the company but issues extra shares.

Hope this answers your questions.

ADVENTUS, RJ1010, geesura, DamithAsian, Chamal A, Kanishka_2020 and Bakkabwoi like this post

291PEOPLE'S LEASING & FINANCE PLC - Page 12 Empty Re: PEOPLE'S LEASING & FINANCE PLC Sat Dec 05, 2020 12:56 pm

Bakkabwoi

Bakkabwoi
Manager - Equity Analytics
Manager - Equity Analytics
@desh87 wrote:PLC has announced a 21:1 (rounded) script dividends.

Which means you as a shareholder will receive 1 extra share of every 21 shares you hold. You do not have to do anything. Your share account will reflect this in due course.

Theoretically, yes when a script dividend is issued, the number of outstanding shares will increase, therefore the price needs to adjust.
But practically, this will not work this way. Reason is, PLC historically pays a cash dividend in December. So the market price always had this factored in. So the price will not come down from levels before the announcement.
If you think about it, script and cash dividends has the same effect to the company. In a cash dividend, cash comes out from the company to shareholders. In a script dividend, cash stays in the company but issues extra shares.

Hope this answers your questions.
yes bro.. also one more thing.. so as per the 3rd of december the stock value was 12.7.. suppose we get the div on 10th of december?  and the stock value is 15? so do we get the above stocks on which value ...we get it..for 15 or 12.7.. and the stock number varries?i m bit confused.. thanks!

ADVENTUS likes this post

292PEOPLE'S LEASING & FINANCE PLC - Page 12 Empty Re: PEOPLE'S LEASING & FINANCE PLC Sat Dec 05, 2020 1:29 pm

desh87


Manager - Equity Analytics
Manager - Equity Analytics
@Bakkabwoi wrote:
@desh87 wrote:PLC has announced a 21:1 (rounded) script dividends.

Which means you as a shareholder will receive 1 extra share of every 21 shares you hold. You do not have to do anything. Your share account will reflect this in due course.

Theoretically, yes when a script dividend is issued, the number of outstanding shares will increase, therefore the price needs to adjust.
But practically, this will not work this way. Reason is, PLC historically pays a cash dividend in December. So the market price always had this factored in. So the price will not come down from levels before the announcement.
If you think about it, script and cash dividends has the same effect to the company. In a cash dividend, cash comes out from the company to shareholders. In a script dividend, cash stays in the company but issues extra shares.

Hope this answers your questions.
yes bro.. also one more thing.. so as per the 3rd of december the stock value was 12.7.. suppose we get the div on 10th of december?  and the stock value is 15? so do we get the above stocks on which value ...we get it..for 15 or 12.7.. and the stock number varries?i m bit confused.. thanks!

No. The market price does not matter. It depends on the amount of shares you hold. Say you hold 100 shares at XD. You will get 100/21 shares extra.

293PEOPLE'S LEASING & FINANCE PLC - Page 12 Empty Re: PEOPLE'S LEASING & FINANCE PLC Sat Dec 05, 2020 1:49 pm

st clair's

st clair's
Equity Analytic
Equity Analytic
@Bakkabwoi wrote:
@desh87 wrote:PLC has announced a 21:1 (rounded) script dividends.

Which means you as a shareholder will receive 1 extra share of every 21 shares you hold. You do not have to do anything. Your share account will reflect this in due course.

Theoretically, yes when a script dividend is issued, the number of outstanding shares will increase, therefore the price needs to adjust.
But practically, this will not work this way. Reason is, PLC historically pays a cash dividend in December. So the market price always had this factored in. So the price will not come down from levels before the announcement.
If you think about it, script and cash dividends has the same effect to the company. In a cash dividend, cash comes out from the company to shareholders. In a script dividend, cash stays in the company but issues extra shares.

Hope this answers your questions.
yes bro.. also one more thing.. so as per the 3rd of december the stock value was 12.7.. suppose we get the div on 10th of december?  and the stock value is 15? so do we get the above stocks on which value ...we get it..for 15 or 12.7.. and the stock number varries?i m bit confused.. thanks!

For the accounting purpose, the Company declared Rs. 12.70, as the consideration for which the shares are to be issued. i.e. Rs. 976,622,032.80 will be debited to retained earnings and the same amount will be credited to the Company’s share capital (12.7x76,899,372= 976,622,032.80). You can sell the shares which you received additionally at the prevailing market price.

geesura and Bakkabwoi like this post

294PEOPLE'S LEASING & FINANCE PLC - Page 12 Empty Re: PEOPLE'S LEASING & FINANCE PLC Sat Dec 05, 2020 2:16 pm

Bakkabwoi

Bakkabwoi
Manager - Equity Analytics
Manager - Equity Analytics
@desh87 wrote:
@Bakkabwoi wrote:
@desh87 wrote:PLC has announced a 21:1 (rounded) script dividends.

Which means you as a shareholder will receive 1 extra share of every 21 shares you hold. You do not have to do anything. Your share account will reflect this in due course.

Theoretically, yes when a script dividend is issued, the number of outstanding shares will increase, therefore the price needs to adjust.
But practically, this will not work this way. Reason is, PLC historically pays a cash dividend in December. So the market price always had this factored in. So the price will not come down from levels before the announcement.
If you think about it, script and cash dividends has the same effect to the company. In a cash dividend, cash comes out from the company to shareholders. In a script dividend, cash stays in the company but issues extra shares.

Hope this answers your questions.
yes bro.. also one more thing.. so as per the 3rd of december the stock value was 12.7.. suppose we get the div on 10th of december?  and the stock value is 15? so do we get the above stocks on which value ...we get it..for 15 or 12.7.. and the stock number varries?i m bit confused.. thanks!

No. The market price does not matter. It depends on the amount of shares you hold. Say you hold 100 shares at XD. You will get 100/21 shares extra.
Thank you!

295PEOPLE'S LEASING & FINANCE PLC - Page 12 Empty Re: PEOPLE'S LEASING & FINANCE PLC Sat Dec 05, 2020 2:31 pm

mandalorian


Stock Trader
When is the XD date?

296PEOPLE'S LEASING & FINANCE PLC - Page 12 Empty Re: PEOPLE'S LEASING & FINANCE PLC Sat Dec 05, 2020 2:51 pm

Bakkabwoi

Bakkabwoi
Manager - Equity Analytics
Manager - Equity Analytics
@mandalorian wrote:When is the XD date?
3rd dec

Vishwanarth likes this post

297PEOPLE'S LEASING & FINANCE PLC - Page 12 Empty Re: PEOPLE'S LEASING & FINANCE PLC Sat Dec 05, 2020 3:34 pm

Vishwanarth


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
No worries about the share appreciation because it has all attributes to go up. Even backup is from PB is a strength.

judecroos likes this post

298PEOPLE'S LEASING & FINANCE PLC - Page 12 Empty Re: PEOPLE'S LEASING & FINANCE PLC Sat Dec 05, 2020 10:46 pm

DilanthaH


Stock Trader
Next LFIN Very Happy Very Happy

299PEOPLE'S LEASING & FINANCE PLC - Page 12 Empty Re: PEOPLE'S LEASING & FINANCE PLC Sun Dec 06, 2020 7:30 am

Love Boy


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@DilanthaH wrote:Next LFIN Very Happy Very Happy
You have to wait 3 months. Very Happy Very Happy Very Happy Very Happy

ADVENTUS likes this post

300PEOPLE'S LEASING & FINANCE PLC - Page 12 Empty Re: PEOPLE'S LEASING & FINANCE PLC Sun Dec 06, 2020 8:06 am

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
that will be next year dividend. ok
But this year dividend is within 2 weeks???



Last edited by Harry82 on Sun Dec 06, 2020 8:21 am; edited 1 time in total (Reason for editing : spelling)

wealth123 likes this post

301PEOPLE'S LEASING & FINANCE PLC - Page 12 Empty Re: PEOPLE'S LEASING & FINANCE PLC Sun Dec 06, 2020 12:09 pm

Love Boy


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
However, most of finance companies share prices must be appreciate at least 30% within 12 months.
PLC,LFIN are the best among others.

ADVENTUS and judecroos like this post

302PEOPLE'S LEASING & FINANCE PLC - Page 12 Empty Re: PEOPLE'S LEASING & FINANCE PLC Sun Dec 06, 2020 6:43 pm

DilanthaH


Stock Trader
@Love Boy wrote:
@DilanthaH wrote:Next LFIN Very Happy Very Happy
You have to wait 3 months. Very Happy Very Happy Very Happy Very Happy
Lets see

303PEOPLE'S LEASING & FINANCE PLC - Page 12 Empty Re: PEOPLE'S LEASING & FINANCE PLC Sun Dec 06, 2020 7:20 pm

DamithAsian


Manager - Equity Analytics
Manager - Equity Analytics
PLC is somewhat different stock comparing all other stocks in Market. Its solid base is promising. Its like if PB were in the market. It's bank's big arm. 😊

ADVENTUS and Love Boy like this post

304PEOPLE'S LEASING & FINANCE PLC - Page 12 Empty Re: PEOPLE'S LEASING & FINANCE PLC Mon Dec 07, 2020 1:14 pm

DamithAsian


Manager - Equity Analytics
Manager - Equity Analytics
PLC interested investors go to CSE and check Xdate amendment

ADVENTUS and Zee like this post

305PEOPLE'S LEASING & FINANCE PLC - Page 12 Empty Re: PEOPLE'S LEASING & FINANCE PLC Mon Dec 07, 2020 6:39 pm

Bakkabwoi

Bakkabwoi
Manager - Equity Analytics
Manager - Equity Analytics
i guess. previously i thought xD date was 3rd.. now apparently its open untill they inform...some ppl got confused and sold it already? am i correct?

ADVENTUS and SANJAYANM like this post

Sponsored content


Back to top  Message [Page 12 of 15]

Go to page : Previous  1 ... 7 ... 11, 12, 13, 14, 15  Next

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