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

» LANKEM DEVELOPMENTS PLC (LDEV.N0000)
by Thushara Ayya Today at 11:59 am

» ???? අප්‍රේල් 16 ???? මේ දින 3 කෙටි සතියත් කොළපාටින් අවසන් වුනා
by Wickyz Today at 11:20 am

» DIPD/HAYC/HAYL
by Wickyz Today at 11:19 am

» RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)
by Eranga87 Yesterday at 4:12 pm

» ROYAL CERAMICS PLC (RCL.N0000)
by Dilip Yesterday at 11:55 am

» GLAS will be winner with Super Gain.
by ronstyn53 Sat Apr 17, 2021 10:22 pm

» CIC HOLDINGS PLC (CIC.N0000)
by abey Sat Apr 17, 2021 9:07 pm

» First capital holdings CFVF.N0000
by invest thinker Sat Apr 17, 2021 4:46 pm

» Lanka Walltile PLC Investment Case
by judecroos Sat Apr 17, 2021 8:55 am

» Which is the best at current market condition ? ( At least 30% within 30 Days)
by judecroos Sat Apr 17, 2021 8:39 am

» Daily Foreign Transactions
by Pradeep90 Fri Apr 16, 2021 8:03 pm

» Big opportunity in Kegalle Plantations
by EquityChamp Fri Apr 16, 2021 2:58 pm

» විජේදාසගේ... voice cut ප්‍රතිඵල
by nigma Fri Apr 16, 2021 11:59 am

» If you buy a stock that’s not going up in price, you won’t make any money. STOCK market for beginners
by dayandacool Fri Apr 16, 2021 11:31 am

» B P P L HOLDINGS PLC (BPPL.N0000)
by vikiperera Fri Apr 16, 2021 11:17 am

» VPEL VPEL VPEL
by invest thinker Fri Apr 16, 2021 10:23 am

» Thoughts on SINS
by Swissinvest Fri Apr 16, 2021 10:04 am

» VFIN / VPEL / PABC - Share SPLIT or VTWO ?
by WealthKing Fri Apr 16, 2021 8:33 am

» LANKA ALUMINIUM INDUSTRIES PLC (LALU.N0000)
by Jana Thu Apr 15, 2021 11:15 pm

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by learningthemarket Thu Apr 15, 2021 8:18 pm

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™ » ORIENT FINANCE PLC (BFN.N0000)

ORIENT FINANCE PLC (BFN.N0000)

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

Go down  Message [Page 2 of 8]

21ORIENT FINANCE PLC (BFN.N0000) - Page 2 Empty Re: ORIENT FINANCE PLC (BFN.N0000) Tue Sep 13, 2016 1:31 am

Teller


Moderator
Moderator
Wait till next support creation..

22ORIENT FINANCE PLC (BFN.N0000) - Page 2 Empty Re: ORIENT FINANCE PLC (BFN.N0000) Wed Sep 14, 2016 4:11 pm

fireshelter


Associate Director - Equity Analytics
Associate Director - Equity Analytics
remaining Sell  Quantity will absorb soon

23ORIENT FINANCE PLC (BFN.N0000) - Page 2 Empty Re: ORIENT FINANCE PLC (BFN.N0000) Fri Sep 16, 2016 1:15 pm

pfxavier


Senior Equity Analytic
Senior Equity Analytic
It will come down to 16.00 - 16.20 before next run start. I am waiting to collect more.

24ORIENT FINANCE PLC (BFN.N0000) - Page 2 Empty Re: ORIENT FINANCE PLC (BFN.N0000) Sat Sep 17, 2016 6:42 am

EquityChamp


Moderator
Moderator
Orient Finance as well as UBC are great value counters at current price levels for a minimum of two year period investment. It is risky if you select them as vessels for short term gains.

25ORIENT FINANCE PLC (BFN.N0000) - Page 2 Empty Re: ORIENT FINANCE PLC (BFN.N0000) Sat Sep 17, 2016 6:58 pm

Teller


Moderator
Moderator
BFN come to 15.70 levels & UBC earnings and progress is very slow compare to its Industry si price decline can be expected.

26ORIENT FINANCE PLC (BFN.N0000) - Page 2 Empty Re: ORIENT FINANCE PLC (BFN.N0000) Wed Oct 19, 2016 10:40 am

visvajith


Equity Analytic
Equity Analytic
@EquityChamp wrote:Pursuant to the amalgamation with Bartleet Finance, Orient Finance has shown clear signs of growth both in asset base and profitability. The company recorded an income of Rs741mn for Q1 of FY 16/17 with PAT of 73 mn.

The company is seen recording an interest yield of around 20% on its loan portfolio for the last couple of quarters which can be termed as bit below the industry average which is around 22% at the moment. Though the interest yield is somewhat below the industry the company has managed to record a loan book growth of 2.6% during quarter ending Jan-Mar 2016 with a further growth of 4.8% during the quarter ending Apr-Jun 2016.

Based on the current trend we can project their earnings as tabulated below. The earnings of 2015/16 were boosted by one off differed tax reversal hence a decline of earnings YoY is not a surprise though the core business operation growth looks promising.
Rs mn14/1515/1616/17F
Income   1,363    2,363    3,394
PBT
           4
      296       397
PAT            4       607       333
Accordingly the estimated EPS for 16/17 will be Rs2.25. With the current market price of Rs16.50 the stock is trading at a PE of 7.3x and PBV of 1x based on forecasted earnings.

The company doesn't declare any dividend for the last three years owing to low profitability. However with improved performance there is a possibility that shareholders may receive a dividend around Rs1.30 for the FY 16/17.

According to shareholders' list close to 145mn shares of issued capital is with top 5 shareholders and therefore this stock is very illiquid too. Aided by this illiquidity and with another bit of increased aggression in business operations with a view to increase the interest yield would turnout this company to be an absolute profitable venture within a two to three years time similar to Union Bank.

Finally my conclusion is if an investor wants to participate to a future winning business and with an holding capacity of one to two years then Orient Finance will be an ideal investment vessel with lower risk threshold. Holding 5000 to 10000 shares will not be in vain for a mid term investor.

Thanks

Is it good time to collect BFN at this price EC ? Please advice

27ORIENT FINANCE PLC (BFN.N0000) - Page 2 Empty Re: ORIENT FINANCE PLC (BFN.N0000) Wed Oct 19, 2016 11:10 am

EquityChamp

EquityChamp
Moderator
Moderator
Yes I think. Good price to do your investment.

28ORIENT FINANCE PLC (BFN.N0000) - Page 2 Empty Re: ORIENT FINANCE PLC (BFN.N0000) Wed Oct 19, 2016 11:56 am

visvajith


Equity Analytic
Equity Analytic
@EquityChamp wrote:Yes I think. Good price to do your investment.

Thank You Very much Dear Friend 
Smile

29ORIENT FINANCE PLC (BFN.N0000) - Page 2 Empty Re: ORIENT FINANCE PLC (BFN.N0000) Thu Oct 20, 2016 11:22 pm

sisira.wijeweera


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Teller wrote:See their loan booke growth. It's an amazing growth.  So we can hope a good interest income for them.
IF they can break 17/ barrier , this share will touch 20 levels.
tomorow BFN can be collect 14 level

30ORIENT FINANCE PLC (BFN.N0000) - Page 2 Empty BFN (ORIENT FINANCE PLC) Tue Jul 25, 2017 8:43 pm

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Anyone got an analysis done on Orient finance..They offer very attractive FD rates for short term, let us say 3-6 months. High rates being offered over other finance companies raises a question. Also, can a finance company offer interest rate higher than ceiling rates regulated by Central Bank?

31ORIENT FINANCE PLC (BFN.N0000) - Page 2 Empty Re: ORIENT FINANCE PLC (BFN.N0000) Tue Jul 25, 2017 8:57 pm

Teller

Teller
Moderator
Moderator
I believe Maharaja might know about this


_________________




Teller said is said..

32ORIENT FINANCE PLC (BFN.N0000) - Page 2 Empty Re: ORIENT FINANCE PLC (BFN.N0000) Wed Jul 26, 2017 6:47 am

DS Wijesinghe


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
If one closely monitors BFN, especially after the merger between Orient Finance and Bartleet Finance to form one entity Orient Finance, they don't seem to be stable. Orient Finance may need continuous funding from their other group companies to keep it afloat

33ORIENT FINANCE PLC (BFN.N0000) - Page 2 Empty Re: ORIENT FINANCE PLC (BFN.N0000) Thu Jul 27, 2017 12:17 am

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Should be Janasakthi who holds nearly 90% of shareholding/

34ORIENT FINANCE PLC (BFN.N0000) - Page 2 Empty Re: ORIENT FINANCE PLC (BFN.N0000) Thu Jul 27, 2017 6:17 am

DS Wijesinghe


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@worthiness wrote:Should be Janasakthi who holds nearly 90% of shareholding/

Yes, it's Janashakthi Limited, the parent company of the insurance company. They and connected parties hold 99%

35ORIENT FINANCE PLC (BFN.N0000) - Page 2 Empty Re: ORIENT FINANCE PLC (BFN.N0000) Thu Jul 27, 2017 1:23 pm

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Asset to liquidity ratio on debenture dropped substantially...

36ORIENT FINANCE PLC (BFN.N0000) - Page 2 Empty Re: ORIENT FINANCE PLC (BFN.N0000) Thu Jul 27, 2017 2:19 pm

Teller

Teller
Moderator
Moderator
Great ..you got it ..


_________________




Teller said is said..

37ORIENT FINANCE PLC (BFN.N0000) - Page 2 Empty Re: ORIENT FINANCE PLC (BFN.N0000) Thu Jul 27, 2017 2:41 pm

DS Wijesinghe


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Hope Central Bank is closely monitoring Orient Finance

38ORIENT FINANCE PLC (BFN.N0000) - Page 2 Empty Re: ORIENT FINANCE PLC (BFN.N0000) Thu Jul 27, 2017 2:45 pm

EquityChamp

EquityChamp
Moderator
Moderator
We should also closely monitor it.

39ORIENT FINANCE PLC (BFN.N0000) - Page 2 Empty Re: ORIENT FINANCE PLC (BFN.N0000) Thu Jul 27, 2017 3:59 pm

DS Wijesinghe


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@EquityChamp wrote:We should also closely monitor it.
Yes totally agree with you EC

40ORIENT FINANCE PLC (BFN.N0000) - Page 2 Empty Re: ORIENT FINANCE PLC (BFN.N0000) Mon Aug 21, 2017 9:58 pm

DS Wijesinghe


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Profits down by 91%

41ORIENT FINANCE PLC (BFN.N0000) - Page 2 Empty Re: ORIENT FINANCE PLC (BFN.N0000) Sat Aug 26, 2017 4:39 am

TARGET


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
දැන් කෝ අර මහාරාජා ?

42ORIENT FINANCE PLC (BFN.N0000) - Page 2 Empty BFN .. ORIENT FINANCE PLC Fri Oct 13, 2017 12:27 pm

rasikagamage


Senior Equity Analytic
Senior Equity Analytic
I think it is good to think about this share now...... it has started to appreciate....expert ideas are will come..

43ORIENT FINANCE PLC (BFN.N0000) - Page 2 Empty Re: ORIENT FINANCE PLC (BFN.N0000) Sat Oct 14, 2017 9:22 pm

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
With financial sector moving now finance companies are joining in.First it was banks

44ORIENT FINANCE PLC (BFN.N0000) - Page 2 Empty Re: ORIENT FINANCE PLC (BFN.N0000) Sun Oct 15, 2017 8:16 am

sanjulanka


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
 Very Happy Very Happy  15.50 possible target  Basketball Basketball

45ORIENT FINANCE PLC (BFN.N0000) - Page 2 Empty Re: ORIENT FINANCE PLC (BFN.N0000) Sun Oct 15, 2017 1:38 pm

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Irrespective of serious comments made before in the forum???

Sponsored content


Back to top  Message [Page 2 of 8]

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

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