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.

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



Latest topics

» UNHCR Fear is over 21 countries speak for us only 15 against
by Vishwanarth Today at 11:14 am

» Daily Foreign Transactions
by Mithooshan Today at 7:31 am

» SOFTLOGIC HOLDINGS PLC (SHL.N0000)
by suku502 Today at 12:58 am

» NATIONS TRUST BANK PLC (NTB.N0000)
by ColomboCSE Yesterday at 9:17 pm

» පෙබරවාරි මාසේ කොළඹ කොටස් වලට මොකක්ද වුනේ - බැසුවාද ? බැස්සාද ?
by xhunter Yesterday at 8:45 pm

» DFCC will be receiving Rs.594,538,285.50
by Wonderer Yesterday at 7:49 pm

» UNHCR එකේ ලොකූ ටෝක දැම්මට සමහර ඔස්තාර් ලා කියන ආර්තික සම්භාදක අරවා මේවා මුකුත් එන්නේ නැ
by Vishwanarth Yesterday at 6:27 pm

» BROWNS INVESTMENTS PLC (BIL.N0000)
by samaritan Yesterday at 9:45 am

» GLAS will be winner with Super Gain.
by Eranga87 Yesterday at 2:00 am

» If you are one of those people who can sleep at night while someone else is in control of your destiny, then my advice would be to only invest in stocks
by Asoka Samarakone Thu Feb 25, 2021 9:58 pm

» Price prediction on GRAN and TAFL
by Bakkabwoi Thu Feb 25, 2021 6:22 pm

» SEMB SEMB
by stockchaser Thu Feb 25, 2021 2:57 pm

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by Vishwanarth Thu Feb 25, 2021 2:54 pm

» Bullish sentiment returns with market regulator's assurance
by Vishwanarth Thu Feb 25, 2021 2:52 pm

» DIPD/HAYC/HAYL
by Wickyz Thu Feb 25, 2021 1:19 pm

» Chart 25.02.2021
by stockback Thu Feb 25, 2021 12:41 pm

» is it a good time to sell expo shares
by Kipling Thu Feb 25, 2021 8:39 am

» Current 2021 Februray Unit Trust/Unit Fund Per Annum percentages
by agentnrox Thu Feb 25, 2021 8:13 am

» Leading brokers causing market downturn
by Mithooshan Thu Feb 25, 2021 7:40 am

» Must watch this video - unnecessary panic
by Jana Thu Feb 25, 2021 1:03 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

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » AFSL can be a gem..

AFSL can be a gem..

Go to page : 1, 2, 3  Next

Go down  Message [Page 1 of 3]

1AFSL can be a gem.. Empty AFSL can be a gem.. Fri Jul 15, 2016 1:28 am

Teller

Teller
Moderator
Moderator

Abans financial services is on correct track , so I'm sure this can be surpass 60++ easily and stablize the price around 70/- rupees.
Largest share holders are owning 98.25% of total issued shares which is one of the minimum public float companies in CSE. Abans PLC owns 89.26 as largest share holder but amazing thing is except largest 20 share holders ,rest are having 647,572 shares only. I'm sure even previous oversubscribed right issue also utilized majar 20 holders to increase their holdings.

20 major share holders as on 31st March 2016
Abans PLC 33,025,006 -89.26 %
Mr. P N Pestonjee 633,000 1.71 %
Mr. K Kunenthiran 419,671 1.13
Mr. P K Pestonjee 370,100 1.00
Mrs. H G S Chandrakanthi 370,000 1.00
Mrs. C V Sumanadasa 370,000 1.00
Mr. B Pestonjee 214,000 0.58
Mrs. S Dubash 133,334 0.36
Mr. R Pestonjee 133,237 0.36
A B Cold Storage (Private) Limited 100,000 0.27
Ab Securitas (Private) Limited 100,000 0.27
Cleantech (Pvt) Ltd 100,000 0.27
Tks Finance Ltd/ K Jayakody 94,512 0.26
Mrs. A Pestonjee 0.18 66,667
Mrs. H I Salgado 0.18 66,600
Tks Finance Ltd/S T Selvi 40,640 0.11
Mr. G C Goonetilleke 40,000 0.11
Tks Finance Ltd/L S Vithya 0.08 28,951
Mr. K Poologasundram 25,000 0.07
Mrs. W G S D Chandrathilaka 21,710 0.06

Loans and advances figure increased from 637 million to 1,188 million nearly double with in a year.
Lease rental receivable has increased 2,903 million to 3,596 million.
With this over subscribed debentures money will reduce the gearing ratio so I'm sure 10 plus EPs in coming Financial year.
Due to less liquidity and major collection from abans family may lift AFSL share price 65_70 /- range soon.
AFSL also minimum risk investment as current market down turn even this created good support at 42 levels.
http://www.cse.lk/cmt/upload_report_file/1069_1464604378891.pdf

2AFSL can be a gem.. Empty Re: AFSL can be a gem.. Fri Jul 15, 2016 8:54 am

EquityChamp

EquityChamp
Moderator
Moderator
AFSL touched 67/- before the CGT saga came here. So if the ASPI back in business this should be back in its original place as well.

3AFSL can be a gem.. Empty Re: AFSL can be a gem.. Fri Jul 15, 2016 10:04 am

mahasona


Equity Analytic
Equity Analytic
It seems people have realized the value of AFSL long way to go

4AFSL can be a gem.. Empty Re: AFSL can be a gem.. Fri Jul 15, 2016 10:59 am

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
slow una

5AFSL can be a gem.. Empty Re: AFSL can be a gem.. Sat Jul 16, 2016 4:00 am

Teller

Teller
Moderator
Moderator
Next week can pass 57-60 levels as new support created 54.50 . in the evening very less shares were traded below 53 / . next week any time this can post a highest return . many more reasons are there with AFSL.


_________________




Teller said is said..

6AFSL can be a gem.. Empty Re: AFSL can be a gem.. Sat Jul 16, 2016 9:19 pm

hiransilva23


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Mekat alufab wage monday patan aran mondayma iwara weida??

7AFSL can be a gem.. Empty Re: AFSL can be a gem.. Sat Jul 16, 2016 9:22 pm

fireshelter

fireshelter
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Very Happy Very Happy Very Happy Very Happy Ela Ela

8AFSL can be a gem.. Empty Re: AFSL can be a gem.. Sat Jul 16, 2016 10:04 pm

hiransilva23


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Ehema wenna honda na.api gannakan inna one

9AFSL can be a gem.. Empty Re: AFSL can be a gem.. Sat Jul 16, 2016 10:17 pm

fireshelter

fireshelter
Associate Director - Equity Analytics
Associate Director - Equity Analytics
try early

10AFSL can be a gem.. Empty Re: AFSL can be a gem.. Sat Jul 16, 2016 11:09 pm

hiransilva23


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Dnt hav money bro.need to sell an n buy

11AFSL can be a gem.. Empty Re: AFSL can be a gem.. Sat Jul 16, 2016 11:45 pm

Teller

Teller
Moderator
Moderator
I can see a special characteristic with AFSl with highest PV Scatters towards to positive which is over 95% . so if its with a good market or good market attention on AFSL , we can see 10-13 rupees price appreciation some times with in a hour.
How ever fundamentally also we can say AFSL is a sound stock bacup with With ABANS .
Major owners collected this share several times in this year, so if another 8 lakh shares can push this AFSL price to 65 to 70 range.
AFSL has achieved 100% growth in terms of lending compare to last year.
So keeping some considerable amount is not bad at all in your portfoilos. If market down also AFSL has proved minimum selling pressure and maximum buying pressure vise versa.
Overall I can say this is a quick return stock.
In coming days I believe quick return from these stock also(based on current market price)
These are very soon targets , (there mabe another stocks but based on PV scatters ,charts & fundamentals)
ALUF -16%
HEXP-25%
JKH.W - 20%
ASCO-15%
AFSL-32%
In that scenario also AFSL can give a very very short term return like 32%.
Do your own analysis too.
GL


_________________




Teller said is said..

12AFSL can be a gem.. Empty Re: AFSL can be a gem.. Sun Jul 17, 2016 12:33 pm

eco


Senior Equity Analytic
Senior Equity Analytic
Most recently AFSL did a right issue and private placement. Those funds will be used for the business in coming quarters. 

Right issue proceeds: https://www.cse.lk/cmt/uploadAnnounceFiles/4281451361124_1069.pdf

Private placement proceeds: https://www.cse.lk/cmt/uploadAnnounceFiles/8801467001414_1069.pdf

More importantly very few shares in the hands of the public. therefore very easily price can go up.

13AFSL can be a gem.. Empty Re: AFSL can be a gem.. Mon Jul 18, 2016 1:01 pm

fireshelter

fireshelter
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Very Happy Very Happy

14AFSL can be a gem.. Empty Re: AFSL can be a gem.. Mon Jul 18, 2016 1:02 pm

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
someone desperate to collect.But no selling.

15AFSL can be a gem.. Empty Re: AFSL can be a gem.. Mon Jul 18, 2016 1:39 pm

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
adath wattaida?nathnam okkoma clear karaida?

16AFSL can be a gem.. Empty Re: AFSL can be a gem.. Mon Jul 18, 2016 1:40 pm

Teller

Teller
Moderator
Moderator
This time 62.50 is sure. Smile


_________________




Teller said is said..

17AFSL can be a gem.. Empty Re: AFSL can be a gem.. Mon Jul 18, 2016 1:58 pm

fireshelter

fireshelter
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Very Happy Very Happy Very Happy

18AFSL can be a gem.. Empty Re: AFSL can be a gem.. Mon Jul 18, 2016 2:06 pm

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@fireshelter wrote:Very Happy Very Happy Very Happy
moko hama welema hina wenne.2017 sinhala auruddata trainingda?hodama hinawa?

19AFSL can be a gem.. Empty Re: AFSL can be a gem.. Mon Jul 18, 2016 7:48 pm

Teller

Teller
Moderator
Moderator
See the power even down market , even turnover was around 350 million. As I said 11% gain today. We can see AFSL 62.50 as easy target then 70++ obviously. No doubt at all.


_________________




Teller said is said..

20AFSL can be a gem.. Empty Re: AFSL can be a gem.. Mon Jul 18, 2016 8:17 pm

mahasona


Equity Analytic
Equity Analytic
Because the nature of illiquidity this can hit 52wks high very soon

Sponsored content


Back to top  Message [Page 1 of 3]

Go to page : 1, 2, 3  Next

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