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

» Successful investment strategies require an understanding of the forces of stock market nature, and disciplined rules of portfolio management.
by Asoka Samarakone Today at 9:12 pm

» LANKA ALUMINIUM INDUSTRIES PLC (LALU.N0000)
by Niwa Today at 8:53 pm

» Directors' Dealings today
by SAGA Today at 6:02 pm

» Top Foreign Trading today
by SAGA Today at 5:59 pm

» CHEVRON LUBRICANTS LANKA PLC (LLUB.N0000)
by Antonym Today at 5:37 pm

» EXPOLANKA HOLDINGS PLC Interim Financial Statements quarter ended 30th June 2021
by samaritan Today at 10:03 am

» Shares to Buy
by abey Yesterday at 6:47 pm

» Boga unusual Collection....
by Wickyz Yesterday at 1:14 pm

» MILLENNIUM HOUSING DEVELOPERS PLC (MHDL.N0000)
by jehan008 Yesterday at 1:11 pm

» Sri Lanka FOB prices for black tea highest in the world
by samaritan Yesterday at 12:18 pm

» DPL Take over
by Vishwanarth Yesterday at 12:12 pm

» HVA FOODS PLC (HVA.N0000)
by samaritan Yesterday at 11:02 am

» INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000)
by dayandacool Yesterday at 10:09 am

» CITIZENS DEVELOPMENT BUSINESS FINANCE PLC(CDB.N0000)
by engineer Yesterday at 7:06 am

» RENUKA CAPITAL PLC . KZOO.N
by Pbv Yesterday at 12:22 am

» What will happen to AMF¿??????
by Tissa Thu Jul 29, 2021 11:46 pm

» Expert view on AMF??
by Tissa Thu Jul 29, 2021 10:12 pm

» Sell EXPO Buy EDEN sentiment changed to Exit EXPO Enter EDEN
by Bakkabwoi Thu Jul 29, 2021 8:57 pm

» What are the short term profit stocks you are planning to buy on this Monday? (Only honest ppl please)
by Hope123 Thu Jul 29, 2021 7:04 pm

» Discussion on mechanism to aid investors, Conducted BY Hon Finance Minister
by D.G.Dayaratne Thu Jul 29, 2021 6:57 pm

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™ » FINANCE AND LEASING SECTOR

FINANCE AND LEASING SECTOR

+51
shan31
SANJAYANM
soileconomy
xpmurali
ddrperera
Vishwanarth
samansilva
Saraka
wealth123
judecroos
shihan 93
dilshangac
Love Boy
bhanu
KavinduTM
Arrowrisk
Gajaya
Junior investor
venura
Quibit
rsilease
NANDANA2012
samaritan
chathura123
Capton KIng Cool
anges
ONTHEMONEY
Investor1994
Eugine Fernando
Teller
stockback
Eng Krishantha
Ok One
SLBOY
wisdom79
chamil1
csebrowser
A+
Chinwi
Yahapalanaya
troy
Joe007
nimantha80
karuna
hiransilva23
Brinthan
fireshelter
charith666lk
Harry82
SLFINANCEWATCH
EquityChamp
55 posters

Go to page : Previous  1, 2, 3, 4, 5, 6, 7, 8  Next

Go down  Message [Page 5 of 8]

101FINANCE AND LEASING SECTOR - Page 5 Empty Re: FINANCE AND LEASING SECTOR Mon May 08, 2017 12:15 pm

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@stockback wrote:FINANCE AND LEASING SECTOR - Page 5 Lofc10


FC doing research on these. with next financial report they will change price target. 
ASI going to reach 7000+ and interst rates are falling now.

102FINANCE AND LEASING SECTOR - Page 5 Empty Re: FINANCE AND LEASING SECTOR Mon May 08, 2017 1:44 pm

ONTHEMONEY


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Hi Guys!

I sence some accumilation in Finance companies especially #LFIN and #COCR. Important to keep an eye

Good Luck

103FINANCE AND LEASING SECTOR - Page 5 Empty Re: FINANCE AND LEASING SECTOR Tue May 09, 2017 9:53 pm

anges


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
finance sector numbers looks bright !

104FINANCE AND LEASING SECTOR - Page 5 Empty Re: FINANCE AND LEASING SECTOR Wed May 24, 2017 12:11 pm

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
some stocks move from this list....

105FINANCE AND LEASING SECTOR - Page 5 Empty Re: FINANCE AND LEASING SECTOR Wed Jun 21, 2017 12:15 pm

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@stockback wrote:FINANCE AND LEASING SECTOR - Page 5 Lofc10


Next run LFIN and COCR give more returns.

any idea...

106FINANCE AND LEASING SECTOR - Page 5 Empty Re: FINANCE AND LEASING SECTOR Wed Jul 05, 2017 11:39 am

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
First Capital strong Recommended for COCR.

fair value is 58 from there eye for 2016-03-31 March financial year.

COCR making good profit and improving..

107FINANCE AND LEASING SECTOR - Page 5 Empty Re: FINANCE AND LEASING SECTOR Mon Jul 10, 2017 11:38 am

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
COCR will be winning stock under this trend..

any ideas.....

Capton KIng Cool


Senior Equity Analytic
Senior Equity Analytic
Mad

109FINANCE AND LEASING SECTOR - Page 5 Empty Re: FINANCE AND LEASING SECTOR Fri Jul 05, 2019 4:37 am

Teller

Teller
Moderator
Moderator
small/Medium scale finance companies are in trouble even CENTRAL BANK agreed on it In last week discussion . Teller said it 2 months before.non performing loans percentage has increased by 60% QoQ.


_________________




Teller said is said..

110FINANCE AND LEASING SECTOR - Page 5 Empty Re: FINANCE AND LEASING SECTOR Fri Jul 05, 2019 8:53 am

chathura123


Manager - Equity Analytics
Manager - Equity Analytics
Be careful about SDB it looks like iceburg on sea. Normal people cant see real picture.
One family manipulate this company . Be careful remove your deposits.

111FINANCE AND LEASING SECTOR - Page 5 Empty Re: FINANCE AND LEASING SECTOR Fri Jul 05, 2019 9:12 pm

chathura123


Manager - Equity Analytics
Manager - Equity Analytics
SDB IS GOING TO COLLAPSE SOONER THAN LATER.
BE CAREFUL.MARK MY WORDS

112FINANCE AND LEASING SECTOR - Page 5 Empty Re: FINANCE AND LEASING SECTOR Sat Jul 06, 2019 3:32 am

Teller

Teller
Moderator
Moderator
Hi chathura,thanks for the update.


_________________




Teller said is said..

113FINANCE AND LEASING SECTOR - Page 5 Empty Re: FINANCE AND LEASING SECTOR Sat Jul 06, 2019 11:55 am

samaritan


Moderator
Moderator
I feel there is malicious publicity against SDB. There are updates about SDB being made within half an hour conveying the same negative message without anyone commenting. Is telling the same thing over & over again is known as updates??? Food for thought!

To highlight some details about SDB:

Total issued shares 56 Million, out of which 23.5% is foreign holdings.
On 17/06/2019 6.8 Million shares have been traded between 58/70 and 60. Subsequently the share price is holding steady at around 60/= (less than 50% of book value).

Prabhash Subasinghe is one of the non executive Directors at SDB, and sometime back was targeted by a group with malicious motives in relation to his substantial holdings at Ceylinco Insurance. 

The adverse publicity seems to be nothing but malicious and disgusting!


_________________




The biggest risk in life is not taking any risk at all.

114FINANCE AND LEASING SECTOR - Page 5 Empty Re: FINANCE AND LEASING SECTOR Sat Jul 06, 2019 3:07 pm

Teller

Teller
Moderator
Moderator
SDB has purchased online payment application by paying very high price which must be investigated.


_________________




Teller said is said..

115FINANCE AND LEASING SECTOR - Page 5 Empty Re: FINANCE AND LEASING SECTOR Sun Jul 07, 2019 7:45 pm

chathura123


Manager - Equity Analytics
Manager - Equity Analytics
Mr.Teller
That is correct .even i told about ETI and SFS way before 2013 but people didnt listen .
I hope this time even they will listen .

116FINANCE AND LEASING SECTOR - Page 5 Empty Re: FINANCE AND LEASING SECTOR Sun Jul 07, 2019 7:46 pm

chathura123


Manager - Equity Analytics
Manager - Equity Analytics
Be careful of SDB depositers as well as family based finance companies even if they are listed.

117FINANCE AND LEASING SECTOR - Page 5 Empty Re: FINANCE AND LEASING SECTOR Sun Jul 07, 2019 8:11 pm

samaritan


Moderator
Moderator
SDB is a bank and not a finance company. May be COCR is unstable. Chathura 123, I am prepared to quit the forum if SDB collapses. Are you prepared to take the challenge and quit if SDB doesn't collapse??? Don't mislead people.

118FINANCE AND LEASING SECTOR - Page 5 Empty Re: FINANCE AND LEASING SECTOR Mon Jul 08, 2019 3:57 pm

chathura123


Manager - Equity Analytics
Manager - Equity Analytics
Yes.i will take up your challenge. See what will happen so many hidden things under this bank .if it is named as bank it is not upto level .

119FINANCE AND LEASING SECTOR - Page 5 Empty Re: FINANCE AND LEASING SECTOR Mon Jul 08, 2019 6:47 pm

samaritan


Moderator
Moderator
@chathura123 wrote:Yes.i will take up your challenge. See what will happen so many hidden things under this bank .if it is named as bank it is not upto level .
Good. Why don't you explain and expose the hidden things under this bank and why you feel its not up to level, which will be useful to the general public.


_________________




The biggest risk in life is not taking any risk at all.

120FINANCE AND LEASING SECTOR - Page 5 Empty Re: FINANCE AND LEASING SECTOR Mon Jul 08, 2019 7:36 pm

chathura123


Manager - Equity Analytics
Manager - Equity Analytics
Ohhh. Dear friends.
Then these reasons wont be useful to general public. If you are sympathiser of This company ,u keep ot up .
Mark my word this is another cifl .....??
CIFL

121FINANCE AND LEASING SECTOR - Page 5 Empty Re: FINANCE AND LEASING SECTOR Mon Jul 08, 2019 8:01 pm

samaritan


Moderator
Moderator
What other banks are in your hit list??? At least you have spared the Central Bank.


_________________




The biggest risk in life is not taking any risk at all.

122FINANCE AND LEASING SECTOR - Page 5 Empty Re: FINANCE AND LEASING SECTOR Sat Sep 21, 2019 12:33 am

Teller

Teller
Moderator
Moderator
TKS finance licence was cancelled by central bank. They have to pay depositors same way Sinha Putha Finance got red alert from central bank. Remember Teller told 8 finance companies earlier. Be careful with your deposits.


_________________




Teller said is said..

123FINANCE AND LEASING SECTOR - Page 5 Empty Re: FINANCE AND LEASING SECTOR Sat Sep 21, 2019 9:25 am

samaritan


Moderator
Moderator
Dismal economic activity over the past four years has placed the finance sector in difficulty.


_________________




The biggest risk in life is not taking any risk at all.

124FINANCE AND LEASING SECTOR - Page 5 Empty Re: FINANCE AND LEASING SECTOR Sat Sep 21, 2019 11:00 am

Teller

Teller
Moderator
Moderator
@sama..agree with you, economy policies must be changed especially agriculture based, high exports oriented with low imports economy.


_________________




Teller said is said..

125FINANCE AND LEASING SECTOR - Page 5 Empty Re: FINANCE AND LEASING SECTOR Wed Sep 25, 2019 11:06 am

NANDANA2012


Manager - Equity Analytics
Manager - Equity Analytics
Finance Company failures now have become a common occurrence in Sri Lanka. Very funny. How many poor people get caught ? But never been a Bank Collapsed.. So why not we stop having Finance Companies if the Govt cant regulate them properly ??

126FINANCE AND LEASING SECTOR - Page 5 Empty Re: FINANCE AND LEASING SECTOR Wed Sep 25, 2019 12:21 pm

samaritan


Moderator
Moderator
Finance Companies do well when the economy is healthy & growing, b'cos people will be in a position to honour their commitments. Banks hold on to better quality collateral from borrowers in comparison to FCs. But what has happened is the Govt has screwed the economy and hence some Finance Companies are in trouble.


_________________




The biggest risk in life is not taking any risk at all.

127FINANCE AND LEASING SECTOR - Page 5 Empty Re: FINANCE AND LEASING SECTOR Sat Nov 09, 2019 4:50 am

rsilease


Stock Trader
Dear Sir/Madam.

We offer seasoned and fresh cut bank instrument for lease/sale, such as BG, SBLC, LC, DLC, Bank Bonds, T strips and other. BG/SBLC Financing can offer individuals and corporations Leased Instruments. Leased Instruments can be obtained at minimal expense to the borrower compared to other banking options.

DESCRIPTION OF INSTRUMENTS:
1. Instrument: Bank Guarantee (BG/SBLC)(Appendix A)
2. Total Face Value: EUR/USD 1M MIN and EUR/USD 5B MAX (Five Billion USD).
3. Issuing Bank: HSBC, London, Deutsche Bank Frankfurt or any Top 25 AA Rated Bank
4. Age: One Year, One Day
5. Leasing Price: 3% of Face Value plus (0.5%+X) commission fees to brokers.
6. Delivery: SWIFT TO SWIFT.
7. Payment: MT-103 
8. Hard Copy: Bonded Courier within 7 banking days.
9. Purchase price 32+2

The Leased Instruments includes: BG’s, Insurance Guarantees, MTN,(SBLC) Standby Letters of Credit and Third Party Guarantees such as a standby forward commitment to purchase or a standby loan. If you are a potential Investor or Principle looking to raise capital, we will be happy to answer any questions that you have about this opportunity and to provide you with all the details regarding this services. Our BG/SBLC Financing can help you get your project funded, by providing you with yearly renewable leased bank instruments.

We work directly with issuing bank lease providers. You will work with your bank to ensure  that the leased instruments will be returned to them before the maturity date. This Instrument can be monetized on your behalf for Trade in PPP. If interested in our bank instrument offer kindly contact me via Email.

Awaiting your response.
Best regards,
RAMESH SUBRAMANIAM IYER  
Contact: rsi.leaseconsult@gmail.com
Skype ID: rsi.leaseconsult

128FINANCE AND LEASING SECTOR - Page 5 Empty Re: FINANCE AND LEASING SECTOR Mon Feb 10, 2020 7:08 am

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
LFIN
VFIN
CDB

129FINANCE AND LEASING SECTOR - Page 5 Empty Re: FINANCE AND LEASING SECTOR Mon Mar 02, 2020 8:43 pm

Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Sri Lanka finance companies pressured by capital needs as bad loans rise: Fitch


ECONOMYNEXT – Sri Lanka’s finance and leasing companies are under pressure to raise capital and regulatory thresholds rise and bad loans pick up, which may also trigger mergers, Fitch Rating said.

FINANCE AND LEASING SECTOR - Page 5 Non-ba10


By 2021, finance and leasing companies (FLCs) should have a capital of 2.5 billion rupees, from the currency 2.0 billion rupees.

Loans at sector companies had grown only 0.5 percent in the year to September 2019, against a 12.9 percent rise from 2015 to 2018.

Non-forming loans of the sector which had peaked at 7.56 percent after a currency collapse in 2013/2013 fell to 5.14 by March2016, central bank data shows.

Two currency collapses then came in rapid succession in 2015/2016 and 2018, triggering two busts in a row. Bad loans in the sector had risen to 9.69 percent, in part due to weak loans growth.

Non-performing loans were at 9.86 percent at finance companies by September 2019, and 4.47 percent at specialized leasing companies.

Meanwhile Fitch said finance and leasing companies may not be able to boost profits, as economic growth may remain weak.

“This could impede efforts to meet enhanced regulatory capital requirements by generating capital internally or by raising capital externally,” Fitch said.

“We believe this risk will be higher for smaller standalone finance companies.

“Those FLCs that have raised external capital recently, as part of efforts to meet the higher capitalization standards, have benefited mainly from support from their major shareholders.

130FINANCE AND LEASING SECTOR - Page 5 Empty Re: FINANCE AND LEASING SECTOR Mon Mar 02, 2020 8:51 pm

Teller

Teller
Moderator
Moderator
Now 27 finance companies in crisis. I advise you to withdraw your deposits/sell your shares at earliest.


_________________




Teller said is said..

Sponsored content


Back to top  Message [Page 5 of 8]

Go to page : Previous  1, 2, 3, 4, 5, 6, 7, 8  Next

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