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
STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post




Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer

Latest topics

» Stock ma Stock rket is like a game of chess.
by Asoka Samarakone Yesterday at 10:56 pm

» DIVIDENDS & how it works
by Mr. X Yesterday at 10:45 pm

» COLOMBO LAND AND DEVELOPMENT COMPANY (CLND.N0000)
by arunaupendra Yesterday at 9:42 pm

» CEYLON TEA BROKERS PLC (CTBL.N0000)
by chandanaf Yesterday at 9:21 pm

» Daily Foreign Transactions update
by Pradeep90 Yesterday at 8:26 pm

» Swap with Bangladesh is its an investment or a loan?
by God Father Yesterday at 7:46 pm

» LANKA ALUMINIUM INDUSTRIES PLC (LALU.N0000)
by Captain Yesterday at 7:33 pm

» Top Foreign Trading today - 15/06/2021
by SAGA Yesterday at 7:13 pm

» LOLC HOLDINGS PLC (LOLC.N0000)
by EGG Yesterday at 7:07 pm

» Penny Stock Companies
by CHRONICLE™ Yesterday at 6:24 pm

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by ADVENTUS Yesterday at 6:19 pm

» LOLC PRICE ANALYSIS
by SAGA Yesterday at 6:19 pm

» Directors' Dealings Daily Update
by SAGA Yesterday at 5:50 pm

» RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)
by SAGA Yesterday at 3:08 pm

» Sri Lanka Government Debt to GDP
by CHRONICLE™ Yesterday at 3:02 pm

» Fitch Affirms Sri Lanka at 'CCC'
by CHRONICLE™ Yesterday at 2:53 pm

» A penny share that might work out in near future
by madukp Yesterday at 2:52 pm

» Cigarette Taxation: Rs. 20 billion extra revenue in 2020, if indexation implemented
by CHRONICLE™ Yesterday at 2:29 pm

» VALLIBEL FINANCE PLC (VFIN.N0000)
by CHRONICLE™ Yesterday at 1:54 pm

» Country will be one big metropolis before year end
by samaritan Yesterday at 11:27 am

EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute


Submit Post

CHRONICLE ANALYTICS
All Share Index (ASI), S&P, Milanka Price Index (MPI), Moving Averages and all other analytical graphs and charts

Contribute

Twitter Feeds

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » PEOPLE'S LEASING & FINANCE PLC

PEOPLE'S LEASING & FINANCE PLC

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