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

» McDonald’s අපේ නෙමෙයි අපේ බෝස්ගේ – අබාන්ස් කියයි
by ChooBoy Today at 10:19 am

» AI Assistance for Stock Market Research and Analysis
by ChatGPT Today at 7:12 am

» Comparative Analysis of the Insurance Sector
by God Father Tue Mar 26, 2024 11:46 pm

» Sri Lanka: Why Pay Exorbitant Taxes?
by ChatGPT Tue Mar 26, 2024 10:52 pm

» LANKA CREDIT AND BUSINESS FINANCE PLC (LCBF.N0000)
by K.R Tue Mar 26, 2024 3:15 pm

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by D.G.Dayaratne Tue Mar 26, 2024 9:11 am

» SIYAPATHA FINANACE PLC (SLFL.N0000)
by ChatGPT Tue Mar 26, 2024 7:58 am

» FINANCE AND LEASING SECTOR
by ChatGPT Mon Mar 25, 2024 6:45 am

» LOLC FINANCE PLC (LOFC.N0000)
by ChatGPT Mon Mar 25, 2024 6:36 am

» CIC HOLDINGS PLC (CIC.N0000)
by ChatGPT Mon Mar 25, 2024 6:18 am

» UNION ASSURANCE PLC (UAL.N0000)
by ChatGPT Mon Mar 25, 2024 6:15 am

» First Capital Holdings PLC: Current Financial performance and future outlook
by God Father Sun Mar 24, 2024 10:58 pm

» LankaBizz: Sri Lanka's First ever Artificially Intelligent (AI) Business and Research Assistant
by God Father Sun Mar 24, 2024 7:27 am

» HOTEL AND TRAVEL SECTOR
by ErangaDS Wed Mar 20, 2024 7:22 am

» CIC Holdings Good Times Ahead
by ashan silva Mon Mar 18, 2024 11:00 am

» EPF Fund keep eye on low P/E Shares
by K.R Mon Mar 18, 2024 8:45 am

» SINS - the Tailwind effects of a crisis hit Economy
by Hawk Eye Mon Mar 18, 2024 8:37 am

» Ceylon cold stores
by Hawk Eye Mon Mar 18, 2024 8:25 am

» Asha securities Provide buy signal for CIC
by ddrperera Fri Mar 15, 2024 1:10 am

» CSE ready for another Downtrend?
by D.G.Dayaratne Thu Mar 14, 2024 11:24 am

» LankaLAW Forum : Sri Lanka’s #1 Discussion Platform for Legal Questions and Answers
by blindhog Thu Mar 14, 2024 9:14 am

» Sri Lanka poised to benefit from demand surge for ‘non-China origin’ graphite
by samaritan Wed Mar 13, 2024 1:31 pm

» LOLC hotels
by Maharaja Tue Mar 12, 2024 2:34 pm

» AEL target price ?
by suku502 Mon Mar 11, 2024 11:26 am

» WAPO 200% UP
by LAMDA Sun Mar 10, 2024 10:33 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

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 : Previous  1, 2, 3

Go down  Message [Page 3 of 3]

51AFSL can be a gem.. - Page 3 Empty Re: AFSL can be a gem.. Thu Jul 28, 2016 5:31 am

Cricketman


Manager - Equity Analytics
Manager - Equity Analytics

AFSL is out of radar wage....

52AFSL can be a gem.. - Page 3 Empty Re: AFSL can be a gem.. Thu Jul 28, 2016 10:37 pm

Teller


Moderator
Moderator

any time this will be fly now smart buyers are accumulating shares day by day.
This is a very good stock.

53AFSL can be a gem.. - Page 3 Empty Re: AFSL can be a gem.. Sat Jul 30, 2016 7:46 pm

antony thomaspulle


Stock Analytic
Stock Analytic

This comment by Teller is misleading- The private placement price is likely to be increased to 50 as the price of 25 when market is trading at 55 to a independent director Hiran Embuldeniya  who has no exposure , is detrimental to minority shareholders.The CSE has questioned AFSL why the conflict of interest was not informed when application was made. Minority shareholders might request that the first preference should be given to the existing share holders.

Teller without varifying the facts posted saying growth is due to private placement the proceeds are yet to come. Embarassed Embarassed Embarassed          The volumes of business of two wheelers have dropped by 80% during the last two months from 450 Mn to 80 Mn and there has been a run on deposits.Be cautious Evil or Very Mad Evil or Very Mad Evil or Very Mad Evil or Very Mad Evil or Very Mad Evil or Very Mad Evil or Very Mad

54AFSL can be a gem.. - Page 3 Empty Re: AFSL can be a gem.. Mon Aug 01, 2016 3:06 pm

NZ BOY


Moderator
Moderator

AAF,CSF better than AFSL

55AFSL can be a gem.. - Page 3 Empty Re: AFSL can be a gem.. Mon Aug 01, 2016 8:05 pm

fortuneteller


Senior Equity Analytic
Senior Equity Analytic

Private placement @ 25 to AFSL independent director Hiran Embuldeniya has been rejected by SEC.If Abans decides on rights issue the share will shoot to 70.Good buy.
Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy

56AFSL can be a gem.. - Page 3 Empty Re: AFSL can be a gem.. Mon Aug 01, 2016 9:23 pm

Teller

Teller
Moderator
Moderator

This is a secret share we should increase our holding dramatically. 50-52 levels are very good to enter.
ABANS has accumilated it's holding from last year even further acquisition also possible.

GL

57AFSL can be a gem.. - Page 3 Empty Re: AFSL can be a gem.. Mon Apr 03, 2017 1:23 pm

Miss-Sangeetha

Miss-Sangeetha
Moderator
Moderator

On 5th May year 2016 AFSL listed 7,400,000 QTY of AFSL rights shares at CSE. https://cdn.cse.lk/cmt/uploadAnnounceFiles/7001462419151_1069.pdf

 Just within three months on 01/08/2016, the axis of evil under took propagandas very well knowingly about the worst financial position of AFSL, that ” If Abans decides rights issue the share will shoot to 70” to dump their boss’s AFSL on small scale investors heads, and that was subsequently failed.

 Now the same axis of evil totally turned against the AFSL right issue not because to safe guard this forum members but for their own interest.

They very well know after this second AFSL rights issue with in 12 months period, the AFSL share price will go down to least level less than Rs.10/- because AFSL financially on life supporting machine before their last year’s rights issue.

Now the same axis of evils trying to discourage the AFSL right issue among the investors, to suspend their boss’s AFSL portfolio holding value going down (erode).

 Now if they subscribed this AFSL rights offer, AFSL share price definitely will go down after the right issue and have to face double losses one forum their newly subscribe shares and 2nd from their exiting AFSL shares holding in collective accounts

 If this axis of evil unsubscribes their own rights issue and subsequently AFSL rights issue go on as said, their own exiting huge quantity of AFSL will lose its value.

This is the main reason, now these evils are posting this forum with borrowed financial data from their bosses as they did the same in the case of  HEXP, now they totally against the AFSL rights issue and talking about good company but mad management and inefficiency to dump their AFSL holding after the AFSL rights issue fails.

After seeing my depth of writing in my posts these fools are refuse to accept that I am a female and imagining I am a matured man or old lady because they still thinking about the male dominance of last century.

 They think they can promote anything on behalf their boss and after the short period of time, forum members will forget everything, and again they can write against their own post to plunder.

Now what had happened to the HEXP share price after the great land sale?  I am the single lady fought back against Teller’s HEXP mafia.   

58AFSL can be a gem.. - Page 3 Empty Re: AFSL can be a gem.. Mon Apr 03, 2017 5:10 pm

antony thomaspulle


Stock Analytic
Stock Analytic

Very good analysis miss Sangeetha!

59AFSL can be a gem.. - Page 3 Empty Re: AFSL can be a gem.. Mon Apr 03, 2017 7:40 pm

Miss-Sangeetha

Miss-Sangeetha
Moderator
Moderator

The Axis Of Evil

1) Openings fake numerous ID profile.

 2) Leave it idle

3) Selecting the illiquid Stocks E.g. HEXP, AFSL or Crap shares with running trend……… appreciates with      possible future imagination or dreams with financial data and graph provided by their broker firm bosses.

4) Suddenly brining the fakes idle ID profiles to active life to promote particular share along with their main ID.

5) Damping the huge QTY of shares from their broker firm and exit.


Now they are discourage the AFSL rights issue to prevent their AFSL portfolio holding value from losing , because they are very well know after the AFSL rights issue will bring down the AFSL to least level less than Rs.10/- because AFSL financially on life supporting machine.

Most of the fake ID promoters of AFSL with recently opened ID profiles and few posts in this topic along with newly opened one are now at the AFSL UPDATE topic, but these fools could easily track with their number of posts and with the time span.

Few numbers of post means they were idle for their cause with the time span.
We had seen the clear picture in the case of HEXP, now that high ranging Teller and his Orchestra disappeared in the case of HEXP.

Wimal Modawansa

Wimal Modawansa
Manager - Equity Analytics
Manager - Equity Analytics


  • A lot of monkeys live near a Colombo village.

    One day iron Wood  came to the village to buy these monkeys
     
    He  announced that he  will buy the monkeys @ Rs 25.00 each.

    The villagers thought that this man is mad.

    They thought how can somebody buy stray monkeys at Rs 25.00 each?

    Still, some people caught some monkeys and gave it to this merchant and he gave Rs 25.00 for each monkey.

    This news spread like wildfire and people caught monkeys and sold it to Iron Wood

    After a few days, Iron wood  announced that he will buy monkeys Rs 40.00  each.

    The lazy villagers also ran around to catch the remaining monkeys!

    They sold the remaining monkeys @ Rs 40.00  each.

    Then the Iron wood  announced that he will buy monkeys @ Rs 40.00  each

    The villagers start to lose sleep! ... They caught six or seven monkeys, which was all that was left and got Rs 40.00 each.

    The villagers were waiting anxiously for the next announcement.

    Then Iron wood  announced that he is going home for a week. And when he returns, he will buy monkeys Rs 70.00 each!

    He asked Mess Sangeetha  to take care of the monkeys he bought. She was alone taking care of all the monkeys in a cage.
     
     Iron wood went home.

    The villagers were very sad as there were no more monkeys left for them to sell it at Rs 70.00 each.

    Then Mess Sangeetha  told them that she will sell some monkeys Rs 60.00  each secretly.

    This news spread like fire. Since Iron wood  buys monkey Rs 60.00 each, there is a Rs 10.00  profit for each monkey.

    The next day, villagers made a queue near the monkey cage.

    Mess Sangeetha  sold all the monkeys at Rs 60.00  each. The rich bought monkeys in big lots. The poor borrowed money from money lenders and also bought monkeys!

    The villagers took care of their monkeys & waited for Iron wood  to return.

    But nobody came! ... Then they ran to Mess Sangetha

    But Mess Sangetha  has already left too !

    The villagers then realised that they have bought the useless stray monkeys Rs 60.00  each and unable to sell them!

    This business is known as the...
    *STOCK MARKET* ..

    It made a lot of people bankrupt and a few people filthy rich in this monkey business.

    That's how the
    Iron wood operate!




61AFSL can be a gem.. - Page 3 Empty Re: AFSL can be a gem.. Tue Apr 04, 2017 7:14 am

soileconomy

soileconomy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Old story .modawansa.

62AFSL can be a gem.. - Page 3 Empty Re: AFSL can be a gem.. Sat Feb 24, 2018 4:32 pm

Miss-Sangeetha

Miss-Sangeetha
Moderator
Moderator

Teller wrote:Yes AFSL 12 to 15% gain is guaranteed. It will touch 62.50 easily as  positive SCatters .
Only few shares have  high PV scatters especially AFSL and  HEXP  even ALUF has much bullish trends.

How ever AFSL will reach 70/- levels with out having any pressure.
Teller where are you now? From December 8, 2017 onwards you were absent in this forum. Without your manipulation even Colombo Stock indices also ending in red.

So please Teller come back to the forum and starts your manipulation.

63AFSL can be a gem.. - Page 3 Empty Re: AFSL can be a gem.. Mon Feb 26, 2018 8:58 am

Wimal Modawansa

Wimal Modawansa
Manager - Equity Analytics
Manager - Equity Analytics

Agree with you Sangeetha _ Abans group has always manipulated.


BUT AS PREDICTED BY TELLER ABANS FINANCE PLC (AFSL) REACHED 69.90.WHAT HAPPENED THEREAFTER DUE TO MISMANAGEMENT OF AFSL AND CHEATING MANORITY SHARE HOLDERS IS INTERESTING -

 -When the company was formed no cash was put in. -Hire Purchase portfolio was transferred as share capital.(Central Bank pf Sri Lanka).
-When listing was made shares were fraudulently transferred to employees to cheat the CSE/SEC on free float rule.(CSE/SEC)
-Those employees have no means to buy the shares and FCID should investigate under money laundering act(Employees of Abans)
-If the initial share holder list is checked these employees could be identified(Varners International-company secretaries)
-CDS accounts were opened with Acquity and JB stock brokers and shares sold fraudulently without payment of money.(Acquity and JB stock brokers.)
-When private placement was made shares were issued to Ironwood , company owned by independent director and audit committee chairman Hiran Embuldeniya at a discounted price of Rs 25.00 when the share was trading at 69.90 ,cheating the minority share holders(stock exchange records)
-Hiran Embuldeniya requested approval to buy shares even before the Company was incorporated(Central Bank of Sri Lanka)
-Seylan bank offered 2 times the asset value to buy the shares but private placement was at 1.4 times asset price to Ironwood.(Seylan Bank)
-A company named Able Investment was set up to buy and transfer shares of employees and the rate at which such company bought the shared should be the mandatory offer price as Abans and Ironwood have acted in consort(Registrar of companies)
-Both CSE and SEC are weak, They were cheated and taken for a ride(Investors and General public.)
-Mr Hiran Embuldeniya common Director of Abans And Ironwood continue to serve as Audit Committee Chairman and Independent Director and CSE and SEC were weak and inactive connected to conflict of interest (Varners International-company secretaries)
-WHAT A MANUPULATION OF CORPORATE GOVERNANCE !!!

64AFSL can be a gem.. - Page 3 Empty Re: AFSL can be a gem.. Tue Feb 27, 2018 9:34 am

Investor1994


Equity Analytic
Equity Analytic

AFSL can be a gem.. - Page 3 Ironwo10

65AFSL can be a gem.. - Page 3 Empty Re: AFSL can be a gem.. Tue Feb 27, 2018 12:24 pm

Wimal Modawansa

Wimal Modawansa
Manager - Equity Analytics
Manager - Equity Analytics

Thanks for sharing the details of the  rouges who cheated the minority shareholders of Abans Finance PLC.

Sponsored content



Back to top  Message [Page 3 of 3]

Go to page : Previous  1, 2, 3

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