SWARNAMAHAL FINANCIAL SERVICES PLC(SFS.N0000)

BvsB · 1 SWARNAMAHAL FINANCIAL SERVICES PLC(SFS.N0000) Mon Oct 19, 2015 5:37 pm

BvsB

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If you analyse last couple of quarters SFS financials ,you can clearly see company has started making a turn around in a big time .

Quarter ended March-2015 -Income - 135 MN & Loss 14 MN
Quarter ended June -2015 - Income - 152 MN & Profit 13.5 MN

Today all of the sudden big quantity traded & price also has not much appreciated in closing hour..
I am smelling something on SFS.

You inputs are welcome... Very Happy

troy · 2 Re: SWARNAMAHAL FINANCIAL SERVICES PLC(SFS.N0000) Mon Oct 19, 2015 5:41 pm

troy

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performance of SFS is very much related to gold price behavior. Gold prices are not picking and stagnated. SFS will be pilling on impairment losses. I dont see a reason for a price appreciation other than manipulation. Anyway that short run seems to be over...

BvsB · 3 Re: SWARNAMAHAL FINANCIAL SERVICES PLC(SFS.N0000) Mon Oct 19, 2015 5:56 pm

BvsB

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They are in to mainly five functions.
01-Fixed Deposits.
02-Pawning.
03-Hire Purchase.
04-Saving.
05-Leasing.

FIXED DEPOSITS
SFS possesses a deposit portfolio worth of LKR 5 billion. Senior citizens (aged 55 years or above) will be offered an additional interest rate of 1% p.a. than the normal depositors.

The product offers a higher and more competitive interest rate in the market with a guaranteed security. Over 70% of the deposited money is invested in gold.

PAWNING
SFS Pawning offers the highest competitive pawning advance amount in the market with attractive interest rates.

To provide convenient customer service, the branches/pawning centres are open 365 days of the year

GOLD LOAN
The Gold Loan offers the lowest interest rate in the market and can be repaid on installment basis.

Highest advance for a Gold Sovereign in the Market
Attractive and competitive interest rate
Flexible installment plan to suit your monthly income
Can be redeemed at any time
Fast and continent service
Highest Guaranteed Security

HIRE PURCHASE

Hire Purchase schemes are well structured to suit the requirements of the customers by providing them the maximum benefits. SFS offers highly competitive interest rates in the market and personalized, efficient service with flexible documentation

SAVINGS ACCOUNTS

SFS offers a wide range of Savings Accounts which are specifically designed for both corporate and individual customers.
SFS SAVER - This product is exclusively designed for depositors who opt to deposit in large volumes. Clients will earn higher interest rates on Savings depending on the deposit amount.

Withdrawal may be possible at any time without any conditions.
Interest will be calculated on daily available balance and credited at the end of the month.
An instant loan facility will be granted up to 90% of the remaining account balance.

NORMAL SAVINGS ACCOUNT

This account provides constant and attractive interest rates for any amount of deposits.

MINOR SAVINGS ACCOUNT

This product is branded as “Kumara Kumari” and offers attractive interest rates with a variety of valuable and enjoyable gifts for minors.

LEASING

Leasing scheme is well structured to suit the requirements of the customers by providing them the maximum benefits. SFS offers highly competitive interest rates in the market and personalized, efficient service with flexible documentation

PERSONAL LOANS FOR DOCTORS
This Loan scheme is well structured to meet the needs of Doctors, giving them the most attractive interest rates in the market with friendly, personalized and flexible service.

Eligibility for Sri Lankan Doctors who have completed the internship
Offer for any of your requirement
Maximum Loan Amount of Rs. 1,000,000.00
Maximum repayment period of 60 months
Early settlement opportunities
Additional income including private practice will also be considered when appraising the facility

http://www.sfs.lk/index.html

SLFINANCEWATCH · 4 Re: SWARNAMAHAL FINANCIAL SERVICES PLC(SFS.N0000) Mon Oct 19, 2015 7:50 pm

SLFINANCEWATCH

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Too much risk..high FD Rates, highly volatile Gold Market..Very low credit Rating..may be the next CIFL..Be careful guys..

SLFINANCEWATCH · 5 Re: SWARNAMAHAL FINANCIAL SERVICES PLC(SFS.N0000) Mon Oct 19, 2015 7:51 pm

SLFINANCEWATCH

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I nean they give the highest FD rates at the moment, so the cost must be very high..

Teller · 6 Re: SWARNAMAHAL FINANCIAL SERVICES PLC(SFS.N0000) Tue Oct 20, 2015 8:28 am

Teller

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A scrap.

troy · 7 Re: SWARNAMAHAL FINANCIAL SERVICES PLC(SFS.N0000) Tue Oct 20, 2015 8:37 am

troy

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totally agree with you teller. there are so many good companies which will give you above 30% return within couple of months.

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SWARNAMAHAL FINANCIAL SERVICES PLC(SFS.N0000)

1 SWARNAMAHAL FINANCIAL SERVICES PLC(SFS.N0000) Mon Oct 19, 2015 5:37 pm

BvsB

2 Re: SWARNAMAHAL FINANCIAL SERVICES PLC(SFS.N0000) Mon Oct 19, 2015 5:41 pm

troy

3 Re: SWARNAMAHAL FINANCIAL SERVICES PLC(SFS.N0000) Mon Oct 19, 2015 5:56 pm

BvsB

4 Re: SWARNAMAHAL FINANCIAL SERVICES PLC(SFS.N0000) Mon Oct 19, 2015 7:50 pm

SLFINANCEWATCH

5 Re: SWARNAMAHAL FINANCIAL SERVICES PLC(SFS.N0000) Mon Oct 19, 2015 7:51 pm

SLFINANCEWATCH

6 Re: SWARNAMAHAL FINANCIAL SERVICES PLC(SFS.N0000) Tue Oct 20, 2015 8:28 am

Teller

7 Re: SWARNAMAHAL FINANCIAL SERVICES PLC(SFS.N0000) Tue Oct 20, 2015 8:37 am

troy

8 Re: SWARNAMAHAL FINANCIAL SERVICES PLC(SFS.N0000)

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