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

» BROWNS INVESTMENTS PLC (BIL.N0000)
by MoneyLover Yesterday at 7:16 pm

» What is "Introductions" in Upcoming listing in CSE?
by Nandun Yesterday at 1:46 pm

» Glove stocks fall after Top Glove posts weaker 4Q results
by ResearchMan Yesterday at 1:37 pm

» KOTAGALA PLANTATION
by stockchaser Yesterday at 8:03 am

» The stock market can be a great place to make money; it can also be a great place to lose money. Stock market for beginners
by Economatta Yesterday at 6:16 am

» LOFC AND CLC Target Price??
by Captain Fri Sep 17, 2021 9:17 pm

» Top Foreign Trading today
by SAGA Fri Sep 17, 2021 6:32 pm

» Top crossings today
by SAGA Fri Sep 17, 2021 5:01 pm

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by Sunimal Fri Sep 17, 2021 12:52 pm

» Amana Takaful ATL & ATLL
by kanishkaecomm Fri Sep 17, 2021 12:17 pm

» Best Time to Collect Cic X
by Value Pick Fri Sep 17, 2021 8:15 am

» Why is First Capital Holdings being dumped?
by Berryfund Fri Sep 17, 2021 6:29 am

» AGST can move
by Zayden River Thu Sep 16, 2021 11:58 pm

» COMMERCIAL CREDIT AND FINANCE PLC (COCR.N0000)
by newone Thu Sep 16, 2021 11:57 pm

» AGSTAR PLC (AGST.N0000)
by Zayden River Thu Sep 16, 2021 11:57 pm

» RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)
by Bakkabwoi Thu Sep 16, 2021 8:10 pm

» Twitter accounts related to the stock market
by Bakkabwoi Thu Sep 16, 2021 8:09 pm

» TOKYO CEMENT COMPANY (LANKA) PLC
by xhunter Thu Sep 16, 2021 7:55 pm

» LOFC LOFC LOFC
by madukp Thu Sep 16, 2021 6:49 pm

» How Equity Emerged the Top Asset Class During a Pandemic
by samaritan Thu Sep 16, 2021 6:30 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™ » AFSL can be a gem..

AFSL can be a gem..

+14
fortuneteller
NZ BOY
Cricketman
antony thomaspulle
Insight
trader7
sheildskye
Teller
eco
fireshelter
hiransilva23
nimantha80
mahasona
EquityChamp
18 posters

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

21AFSL can be a gem.. Empty Re: AFSL can be a gem.. Mon Jul 18, 2016 8:45 pm

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
out of total shares only few laks are out of top 20.today 90000+ traded that means 20% of the outside amount.but I feel some top 20 guys are there in this order book activity also

22AFSL can be a gem.. Empty Re: AFSL can be a gem.. Mon Jul 18, 2016 9:00 pm

Teller

Teller
Moderator
Moderator
Yes, largest holders were buying continuously this year. As company is in a right track as well as billion loan sales coming quarter interest income will be doble , also have you noticed they have settled 100million bank liability in last quarter. This is also another good sign for low gearing ratio.
With this pressure 70+ is not a dream ...


_________________




Teller said is said..

23AFSL can be a gem.. Empty Re: AFSL can be a gem.. Mon Jul 18, 2016 9:03 pm

hiransilva23


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Mewa yannet apita invest karanna salli nati welawatamai.top 20 walin sell tiyanawa.itz a true story

24AFSL can be a gem.. Empty Re: AFSL can be a gem.. Mon Jul 18, 2016 9:04 pm

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Teller wrote:Yes, largest holders were buying continuously this year. As company is in a right track as well as billion  loan sales coming quarter interest income will be doble , also have you noticed they have settled 100million bank liability in last quarter. This is also another good sign for low gearing ratio.
With this pressure 70+ is not a dream ...
hmm.financials are not far away.

25AFSL can be a gem.. Empty Re: AFSL can be a gem.. Mon Jul 18, 2016 9:13 pm

Teller

Teller
Moderator
Moderator
Hai,Hiran.. TOP 20 walin sell or BUY? Smile))))))))


_________________




Teller said is said..

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