Teller wrote:How assets value increase to 60+ rupees . It has 12 billion liability to pay depositors.
This company has no future with in next 2-3 years. This is totally unloading process to retailers .
CIFL dirty history repeats once again . So I put this share in a dangerous zone.
Don't trust this investment till it comes to company books.
12 Billions.
3.5 Billions, and 2.5 Billions request from CB. company agree to pay 60% of deposit, 20% interest paying deposit, other 20% (P shares and after five years 5 giving Ordinary shares(maybe non ordinary shares. I am not sure (X or N) ). German Minus Interest rates at the moment.
if they wants to keep 5 Billions deposit from mother company (maybe 4 Billions). they has to increase share holding capital (loan From CB 2.5B, 4 B from them, 6.5 B then they hast keep 800M - 1000M share holder capital at-least 500 M.
then they has to go for Right issue and debenture. will see...
and i hope few right issues from this client after acquire the company(51%)
I am also try to find website of this company (Vandell Financial service). still couldn't found anything.
PM saying Portcity will be financial city. and CB not issue new licence. then small financial institute will get demand from big institutes (I dont know how is reality going). if its happen in future we will get big opportunities in CSE. not only CIFL
my advice is be a investor or trader rather than gambler
in future you will get advantage according to this new company performance. I will buy this stock at that time. now not dont waste your money and time
still CIFL does not have value. after new investor and how they performance value will increase...
Think and Invest