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


ADVERTISE
Poll

EXCHANGE RATE PREDICTION: 2022

 
 
 
 

View results

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» ASI heading towards 8700
by ErangaDS Today at 2:33 pm

» ලංකාව ගැන බය හිතෙන වාර්තාවක් එළියට
by ErangaDS Today at 2:32 pm

» Tourist arrivals drop to lowest in September
by CHRONICLE™ Today at 2:23 pm

» Goldman believes the time is right for value to beat growth stocks
by ResearchMan Today at 12:53 pm

» Stock market for beginners There is no shame in being in cash.
by Asoka Samarakone Today at 10:49 am

» SEC nets big sharks; more prosecutions soon
by rajini Today at 10:12 am

» LOFC Future
by Prasad123 Today at 8:28 am

» සේරිවානිජලාට හසු නොවී BIL තියාගත්තොත් ආනගතයේදී මොකද වෙන්නේ
by vijay singh Today at 6:03 am

» 03 OCT - Panic & Psychological Fear Biggest Enemy dealing in stocks
by sanjayapeiris351 Today at 1:34 am

» Bank of England, Credit Suisse and Deutsche Bank in trouble
by CHRONICLE™ Yesterday at 4:38 pm

» Exterminators Plc (EXT.N)
by ErangaDS Yesterday at 4:08 pm

» Technical update 03/10/2022 - Maharaja
by DeepFuckingValue Yesterday at 3:29 pm

» Expolanka Promoter - The Capital Trust Securities WATCH OUT!!!
by DeepFuckingValue Yesterday at 3:17 pm

» Latest PE Based Valuations
by DeepFuckingValue Yesterday at 10:49 am

» BIL again possible make right issue, confirmed via past patterns, don't afraid,.
by invest thinker Yesterday at 12:44 am

» The world- Including Sri Lanka started to feel the pinch of the Russia- Ukraine war
by reyaz Yesterday at 12:12 am

» ASPI 10000, Still a Long Way to Go
by sojsilva Sun Oct 02, 2022 11:48 am

» RAL UNTOLD STORY, KEEPING TOUCH
by blindhog Sun Oct 02, 2022 11:29 am

» PLR (Prime Lands )Next Value counter.. Fair Value Rs 20
by Citizen Silva Fri Sep 30, 2022 1:47 pm

» SOFTLOGIC CAPITAL PLC (SCAP.N0000)
by Rational Investor Fri Sep 30, 2022 11:49 am

EXPERT CHRONICLE™

MARKET CHAT


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

+83
Eranx
jlogo
Equity Win
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
87 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
Senior Manager - Equity Analytics
Senior 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
Senior Manager - Equity Analytics
Senior 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
Senior Manager - Equity Analytics
Senior 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
Senior Manager - Equity Analytics
Senior 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
Senior Manager - Equity Analytics
Senior 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

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