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

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» COCR IN TROUBLE?
by LAMDA Today at 1:01 am

» TAFL is the most undervalued & highly potential counter in the Poultry Sector
by LAMDA Today at 12:58 am

» LOLC FINANCE PLC (LOFC.N0000)
by Equity Win Fri Apr 19, 2024 2:17 pm

» SRI LANKA TELECOM PLC (SLTL.N0000)
by sureshot Fri Apr 19, 2024 7:42 am

» Construction Sector Boom with Purchasing manager's indices
by rukshan1234 Thu Apr 18, 2024 11:24 pm

» Asha Securities and Asia Securities Target AEL (Access Enginnering PLC )
by Anushka Perz Wed Apr 17, 2024 10:30 pm

» Sri Lanka: China EXIM Bank Debt Moratorium to End in April 2024
by DeepFreakingValue Tue Apr 16, 2024 11:22 pm

» Uncertainty over impending elections could risk Lanka’s economic recovery: ADB
by God Father Tue Apr 16, 2024 2:47 pm

» Sri Lanka's Debt Restructuring Hits Roadblock with Bondholders
by God Father Tue Apr 16, 2024 2:42 pm

» BROWN'S INVESTMENTS SHOULD CONSIDER BUYING BITCOIN
by ADVENTUS Mon Apr 15, 2024 12:48 pm

» Bank run leading the way in 2024
by bkasun Sun Apr 14, 2024 3:21 pm

» ACCESS ENGINEERING PLC (AEL) Will pass IPO Price of Rs 25 ?????
by blindhog Thu Apr 11, 2024 10:44 am

» ASPI: Undoing GR/Covid19!
by DeepFreakingValue Thu Apr 11, 2024 10:25 am

» Learn CSE Rules and Regulations with the help of AI Assistant
by ChatGPT Tue Apr 09, 2024 7:47 am

» Top AI tools in Sri Lanka
by ChatGPT Tue Apr 09, 2024 7:21 am

» HDFC- Best ever profit reported in 2023
by ApolloCSE Mon Apr 08, 2024 12:43 pm

» WAPO 200% UP
by LAMDA Sun Apr 07, 2024 10:41 pm

» KEGALLE PLANTATIONS PLC (KGAL.N0000)
by DeepFreakingValue Fri Apr 05, 2024 2:04 pm

» ARPICO INSURANCE PLC - Reports LKR 625mn loss for the FY2023
by DeepFreakingValue Fri Apr 05, 2024 12:58 pm

» EXTERMINATORS PLC (EXT.N0000)
by ErangaDS Fri Apr 05, 2024 10:59 am

» ALLIANCE FINANCE COMPANY PLC (ALLI.N0000)
by SL-INVESTOR Fri Apr 05, 2024 8:29 am

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by Anushka Perz Thu Apr 04, 2024 9:50 pm

» PINS (People's Insurance) will be another UAL
by sakuni Thu Apr 04, 2024 8:22 pm

» A New Record Price for One Tonne of Cocoa on the International Market
by ResearchMan Thu Apr 04, 2024 2:03 pm

» Access Engineering awarded two more contract packages at Colombo Port
by samansilva Thu Apr 04, 2024 12:05 pm

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube

Disclaimer
FINANCIAL CHRONICLE™ Disclaimer

The information contained in this FINANCIAL CHRONICLE™ have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein. FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever. Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, FINANCIAL CHRONICLE™ blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

Further the writers and users shall not induce or attempt to induce another person to trade in securities using this platform (a) by making or publishing any statement or by making any forecast that he knows to be misleading, false or deceptive; (b) by any dishonest concealment of material facts; (c) by the reckless making or publishing, dishonestly or otherwise of any statement or forecast that is misleading, false or deceptive; or (d) by recording or storing in, or by means of, any mechanical, electronic or other device, information that he knows to be false or misleading in a material particular. Any action writers and users take in respect of (a),(b),(c) and (d) above shall be their own responsibility, FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental violation of securities laws of any country, damages or loss arising out of the use of this information.


AI Live Chat

You are not connected. Please login or register

FINANCE AND LEASING SECTOR

+61
D.G.Dayaratne
Beyondsenses
Basu
ErangaDS
K.R
Mohammed020
Amjad_804
rukshan1234
geesura
Promoney
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
65 posters

Go to page : Previous  1, 2, 3, 4, 5, 6, 7, 8, 9  Next

Go down  Message [Page 5 of 9]

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.

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.

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!

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.

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.

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.

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.

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.

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.

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.

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.

Sponsored content



Back to top  Message [Page 5 of 9]

Go to page : Previous  1, 2, 3, 4, 5, 6, 7, 8, 9  Next

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