NATION LANKA FINANCE PLC (CSF.N0000)

Oka touch karanna widiyak tiyenawa balamu mokak weida kiyala

RPPA....hmmm maybe if offered below 2.80 then safe!!!!! if not duwanna!!!!

Somp party is selling to catch up in below that. Cannot predict still. Some of the broker firms are confused too.
Eagerly awaiting what is going to happen. Better to keep on eye of the daily volume.

Trust me this is real crap.. even at current market price... there are so many strong finance co's are in the market..why to go for crap..?

but it is a super mario

any share have it time wait till that

Time to U turn

keep in touch for the best time to enter. will go down further.

cseguide wrote:keep in touch for the best time to  enter. will go down further.

Dear all what is ur u tern price? if it goes down 4.5 i will clear my pf and buy csf

3 is reasonaable. very handy.

There is a Handshake between Nation Lanka and Nawaloka Group, regarding Anilana shares and Nation Lanka shares.

Gilmarts only. ALHP, CSF have huge liabilities so asanga senevirathna may try to do some ?????

i think nawaloka bought Mandatory offer will come

Facebook Page :  https://www.facebook.com/InformedIntelligentInvesting

News Article: http://www.ceylontoday.lk/22-95912-news-detail-dharmadasa-family-to-lead-nation-lanka-finance-asanga-seneviratne-exits.html

Ceylon Finance Today: Colombo Stock Exchange Director Asanga Seneviratne led Investor Access Equities (Pvt) Ltd on Wednesday divested their four year old 32.8% (78 million shares)stake of Nation Lanka Finance PLC to Nawaloka Construction (Pvt) Ltd, Harshith Dharmadasa and Victor R. Ramanan.

With the completion of the transaction, Nawaloka Construction (Pvt) Ltd and Harshith Dharmadasa jointly have a 24% stake while Victor R. Ramanan also has a 24% stake. individual investor Jayaprakash Rudra had also divested 2.5% or 6.5 million shares.
Nation Lanka CEO, Jayantha Perera told Ceylon FT that the deal was done via seven off market or crossing transactions, which were crossed at 4 rupees per share. The value of the deal was Rs 312 million.

Earlier, Nation Lanka Finance Director Harshith Dharmadasa led Nawaloka Construction (Pvt) Ltd and Director Victor R. Ramanan had 7 % and 5% stakes respectively. Top corporate sources said that the reason behind Seneviratne's exit was that he wanted to concentrate more on the leisure and property sectors.

Meanwhile, in a separate transaction, the family stake of the Dharmadasas in Anilana Hotels and Properties was bought by Seneviratne.
On March 2011 a consortium of investors led by Asanga Seneviratne's Investor Access Equities (Pvt) Ltd, Nawaloka Construction Company (Pvt) Ltd, and individual investor Jayaprakash Rudra had invested Rs.800 million to this company via private placement and rights issue.

Former Nawaloka Hospitals PLC, Chief Financial Officer Jayantha Perera recently took over the CEO post of Nation Lanka Finance PLC, after Charith Amarasekera's resignation.
Nation Lanka Finance PLC, had last August got the first tranche of the equity funding from Luxembourg based GEM Global.
The Company earlier said GEM Global Yield Fund LLC SCS, has acquired 1.211 million shares at Rs. 6.85 per share via a remittance amounting to Rs. 8.3 million.

"This is the first tranche of investment made by GEM and further tranches of investments up to Rs. 700 million by way of private placements are expected in due course," Nation Lanka Finance said on last August.
But according to company sources, the second tranche of the GEM Global is yet to be received and is not expecting it either.

Invest_Wisely wrote:Facebook Page :  https://www.facebook.com/InformedIntelligentInvesting

News Article: http://www.ceylontoday.lk/22-95912-news-detail-dharmadasa-family-to-lead-nation-lanka-finance-asanga-seneviratne-exits.html

Ceylon Finance Today: Colombo Stock Exchange Director Asanga Seneviratne led Investor Access Equities (Pvt) Ltd on Wednesday divested their four year old 32.8% (78 million shares)stake of Nation Lanka Finance PLC to Nawaloka Construction (Pvt) Ltd, Harshith Dharmadasa and Victor R. Ramanan.

With the completion of the transaction, Nawaloka Construction (Pvt) Ltd and Harshith Dharmadasa jointly have a 24% stake while Victor R. Ramanan also has a 24% stake. individual investor Jayaprakash Rudra had also divested 2.5% or 6.5 million shares.
Nation Lanka CEO, Jayantha Perera told Ceylon FT that the deal was done via seven off market or crossing transactions, which were crossed at 4 rupees per share. The value of the deal was Rs 312 million.

Earlier, Nation Lanka Finance Director Harshith Dharmadasa led Nawaloka Construction (Pvt) Ltd and Director Victor R. Ramanan had 7 % and 5% stakes respectively. Top corporate sources said that the reason behind Seneviratne's exit was that he wanted to concentrate more on the leisure and property sectors.

Meanwhile, in a separate transaction, the family stake of the Dharmadasas in Anilana Hotels and Properties was bought by Seneviratne.
On March 2011 a consortium of investors led by Asanga Seneviratne's Investor Access Equities (Pvt) Ltd, Nawaloka Construction Company (Pvt) Ltd, and individual investor Jayaprakash Rudra had invested Rs.800 million to this company via private placement and rights issue.

Former Nawaloka Hospitals PLC, Chief Financial Officer Jayantha Perera recently took over the CEO post of Nation Lanka Finance PLC, after Charith Amarasekera's resignation.
Nation Lanka Finance PLC, had last August got the first tranche of the equity funding from Luxembourg based GEM Global.
The Company earlier said GEM Global Yield Fund LLC SCS, has acquired 1.211 million shares at Rs. 6.85 per share via a remittance amounting to Rs. 8.3 million.

"This is the first tranche of investment made by GEM and further tranches of investments up to Rs. 700 million by way of private placements are expected in due course," Nation Lanka Finance said on last August.
But according to company sources, the second tranche of the GEM Global is yet to be received and is not expecting it either.

Interesting days to trade with CSF...minimum 1.00 - 1.50 capital gain short term trade. and also mandatory offer on the way

@ Invest_Wisely

Thank you for sharing this valuable information. Now we know what's going on with this share.

cse_investor1 wrote:@ Invest_Wisely

Thank you for sharing this valuable information. Now we know what's going on with this share.

am i wrong for what i have said...???

As I am saying always, Asanga senavirathna put maximum effort to safeguard his ownership and run this company. Put all gilmarts to push this share price up. He created artificial rallies in different stages by saying foreign funds will be received time to time. False news spreaded all over the community by saying Malaysian firms is going to buy CSF and recommend Nation lanka staff,clients to buy csf shares in 2011. in the same time nation lanka investment advisors recommended their clients to buy this share even 16 plus. All investors lossess. Asanga is a big thieve and created sevaral right issues and collect funds and did nothing. He got good support in MR Time and central bank was under his pocket. Finally asanga got billion of liabilities and no way. So he had to sell /transfer his pretty loving CSF as low as 4/- rupees by saying need more time to lesiure investments. But that not the reason. Finance/leasing sector has higher yield than a typical hotel business.who is the pool to exchange leasing business to hotels??! He purchased lot of lands in various places and revalued it like 2500% and create Anilana. Anila was not approved by CSE but they had to do it as political influence. SO currently ALHP also In crisis as billions of liabilities to pay. He created right issues for ALHP ALSO NOW trades at below the prices. This man has no business strategies rathan than loosing shareholders money. Finally be careful what ever the investments with his involvements.

Teller wrote:As I am saying always, Asanga senavirathna put maximum effort to safeguard his ownership and run this company.  Put all gilmarts to push this share price up. He created artificial rallies in different stages by saying foreign funds will be received time to time. False news spreaded all over the community by saying Malaysian firms is going to buy CSF and recommend Nation lanka staff,clients to buy csf shares in 2011. in the same time nation lanka investment advisors recommended their clients to buy this share even 16 plus. All investors lossess. Asanga is a big thieve and created sevaral right issues and collect funds and did nothing. He got good support in MR Time and central bank was under his pocket. Finally asanga got billion of liabilities and no way. So he had to sell /transfer his pretty loving CSF  as low as 4/- rupees by saying need more time to lesiure investments. But that not the reason. Finance/leasing sector has higher yield than a typical hotel business.who is the pool to exchange leasing business to hotels??!  He purchased lot of lands in various places and revalued it like 2500% and create Anilana. Anila was not approved by CSE but they had to do it as political influence. SO currently  ALHP also In crisis as billions of liabilities to pay. He created right issues for ALHP ALSO NOW trades at below the prices. This man has no business strategies rathan than loosing shareholders money. Finally be careful what ever the investments with his involvements.

yes Teller what ever you have said here is absolutely correct, but the controlling interest has been sold and nawaloka is the new entry therefore don't you think there might be a positive uptrend in this share. as far as investment is concerned this counter might only be suitable for a short term trade. if anyone is considering a long term investment then it would be only a speculation for now.

Teller wrote:As I am saying always, Asanga senavirathna put maximum effort to safeguard his ownership and run this company.  Put all gilmarts to push this share price up. He created artificial rallies in different stages by saying foreign funds will be received time to time. False news spreaded all over the community by saying Malaysian firms is going to buy CSF and recommend Nation lanka staff,clients to buy csf shares in 2011. in the same time nation lanka investment advisors recommended their clients to buy this share even 16 plus. All investors lossess. Asanga is a big thieve and created sevaral right issues and collect funds and did nothing. He got good support in MR Time and central bank was under his pocket. Finally asanga got billion of liabilities and no way. So he had to sell /transfer his pretty loving CSF  as low as 4/- rupees by saying need more time to lesiure investments. But that not the reason. Finance/leasing sector has higher yield than a typical hotel business.who is the pool to exchange leasing business to hotels??!  He purchased lot of lands in various places and revalued it like 2500% and create Anilana. Anila was not approved by CSE but they had to do it as political influence. SO currently  ALHP also In crisis as billions of liabilities to pay. He created right issues for ALHP ALSO NOW trades at below the prices. This man has no business strategies rathan than loosing shareholders money. Finally be careful what ever the investments with his involvements.

Well said Teller, we have to evaluate the owners prior to invest in a business. We have several classic examples how the businesses collapsed due to poor management.

There are few other so called Business tycoons in the country who don’t concentrate on the real business but finding short cuts of making money. Better to be away from those businesses.

you guys have become too emotional with companies run by crooks, you get all sorts of things going on in cse there are crooks who are visible to the people and there are crooks who show a very innocent and straight forward face to the public and public thinks they are the only ones to be trusted.....don't turn your backs on the ones you can make a fast trade because of your blindness, after all we all are here to make money, just because a few hand full don't invest in them does not mean that others are not grabbing the opportunity. dont be left behind

Hi guys,

My broker @ Asha Philips recommended to buy this share for short term since the dynamic Nawaloka group has secured a major stake in the company.

Mandatory offer to follow in near future & the target price as per their analysis is Rs.5.00. Good opportunity to go for a capital gain in the short run!

Happy trading from tomorrow onwards !!!


(This is not a buy/sell recommendation. Do your own analysis before making a decision)

RoughRider wrote:Hi guys,

My broker @ Asha Philips recommended to buy this share for short term since the dynamic Nawaloka group has secured a major stake in the company.

Mandatory offer to follow in near future & the target price as per their analysis is Rs.5.00. Good opportunity to go for a capital gain in the short run!

Happy trading from tomorrow onwards !!!


(This is not a buy/sell recommendation. Do your own analysis before making a decision)

I heard there is a right issue on the way ??? can you please confirm that with them please.

I dont think Nawaloka is a dynamic group. They have to put more efforts to become dynamic rather than thinking their traditional way. Even i have some Nawaloka hospital shares. Share prices remain same 3 rupees in years of time. Earnings are not enough at all. How ever nawaloka constructions got some projects in previous government time.

CSF has huge liabilities. Who ever comes its a must requirement to pump extra cash into business. 3-5 Billion requires approximately. Right issue may be the option. Some times i feel Nawaloka did a mistake by touching this also if they want to success first they must remove all top level management of Nation lanka finance plc and recruit some professionals.

Nawaloka group is not prudent in investments.they showed it recently by investing Galadari shares.They bought GHLL shares at high as Rs34 and sold at a marginal price after holding many years.luckily EPF came for their rescue. They are also good in manipulating shares.They manipulated Nawaloka shares and directors were found guilty. This is FYI.

Teller wrote:CSF has huge liabilities. Who ever comes its a  must requirement to pump extra cash into business.  3-5 Billion requires approximately.  Right issue may be the option.  Some times i feel Nawaloka did a mistake by touching this also if they want to success first they must remove all top level management of Nation lanka finance plc  and recruit some professionals.

Thank you "Teller" i don't i don't accept asha phillips recommendations.

Gem become "Kabok gal"
dont put false comments dude...................

aiyosalli wrote:Gem become "Kabok gal"
dont put false comments dude...................

More selling

NZ BOY wrote:

aiyosalli wrote:Gem become "Kabok gal"
dont put false comments dude...................

More selling

Nawaloka selling jilmart style