CTCE CTCE CTCE CTCE

most immediate thing is the dividend and buy back may be later.

Interesting week for CTCE
Keep an eye

ha

we can expect 125 to 150 Dividend with in 2 months of time.

Where is the Dividend Announcement?? Last Yr by 15thFeb they made the announcement-maybe there will be No dividend given the setback at the BuyBack Offer

Is it possible they will wait till July 2019-that is when the Public Float 1 yr exemption will cease to make another attempt at a Buyback?

First and Final Div of Rs 25\
-Proving all the predictions hopelessly wrong and misguided !!!!

	CTCE year quarter wise earnings
	Q1	Q2	Q3	Q4 assumption	Q4 results
Revenue	4,525,376	9,013,944	13,359,024	20,000,000	18,235,988
Profit	1,618,055	1,845,435	2,103,550	2,300,000	4,115,859

There is no drop in profits.
Major portion of profits from tax reversal, even except tax reversals they have earned a decent profit.
Why low dividend is announced? can anybody explain.
Do they have any other plans? 
What will be the impact on share price with this dividend?

It was rumoured that buy back offer revised to 2500,
Paying less dividend is good since it increases NAV. There could be short term shake since less dividends. Wil be good for bargain hunters.

Another thing, many trade volumes had happened over 1700, which means that buy back offer normally would be 1.5X times than the average price traded in previous months.

As I mentioned earlier-All predictions are misguided.Now it appears talking up the share on a baseless Buyback price calculation is the latest gimmick

i agree - i have been mentioning that insurance sector is highly over valued in my personal opinion and already you are seeing stocks come down! hope people study the sector and understand!

Thanks to dumb money, i got some at 1350-1400 today. Thank you

In my opinion, majority of retail traders collected the share with an anticipation for a huge run within a very short period, specially aiming the possible dividend to be declared. The major stake holder, AIA Holdings Lanka (Pvt) Ltd holds 87.28% of the share holding while AIA Company Limited holds 9.88% share holding tallying to 97.16%. Only the balance 2.84% with among 2001 of public share holders.

The company is keen in collecting the profits on their behalf. The real performance of the company in 2017/2018 once take apart the contractual liability is Rs.4.762bn, where this time profit is Rs.4.132bn with tax reversal.

The previous year high surpluses were purely due to change in contractual liability, which obviously cannot be expected to continue in each year.

Yet the company offered a buy back price of Rs.1,000/- per share following a dividend of Rs.91/- per share, at a time the share was trading in-between Rs.400/- to Rs.500/-.

Fingers crossed.

My strong advice, your gain or loss is as a consequence of your gut and wit, so as mine. Be free to do what you feel is right and never worry of the past behind.

The price this time seems not contemporary to the monitory figures.

What do you think of the offer to repurchase?

Rs 2500\=Price is good-Accept

mark wrote:It was rumoured that buy back offer revised to 2500,
Paying less dividend is  good since it increases NAV. There could be short term shake since less dividends. Wil be good for bargain hunters.

Another thing, many trade volumes had happened over 1700, which means that buy back offer normally would be 1.5X times than the average price traded in previous months.

Thank you Mark, your comment encouraged me to hold and hope it will pay back a decent profit.

roshan1039 wrote:

mark wrote:It was rumoured that buy back offer revised to 2500,
Paying less dividend is  good since it increases NAV. There could be short term shake since less dividends. Wil be good for bargain hunters.

Another thing, many trade volumes had happened over 1700, which means that buy back offer normally would be 1.5X times than the average price traded in previous months.

Thank you Mark, your comment encouraged me to hold and hope it will pay back a decent profit.

come to EGM and vote to make it happen

Agape wrote:As I mentioned earlier-All predictions are misguided.Now it appears talking up the share on a baseless Buyback price calculation is the latest gimmik

you hae to understand that stocks are not driven only based on technicals.
There are lot of other things incorporated.

Finally the patience paid off.

mark wrote:

roshan1039 wrote:

mark wrote:It was rumoured that buy back offer revised to 2500,
Paying less dividend is  good since it increases NAV. There could be short term shake since less dividends. Wil be good for bargain hunters.

Another thing, many trade volumes had happened over 1700, which means that buy back offer normally would be 1.5X times than the average price traded in previous months.

Thank you Mark, your comment encouraged me to hold and hope it will pay back a decent profit.

come to EGM and vote to make it happen

Dear Mark, if they fail to adopt this time what are the other means available for them to delist?

Hi, can you kindly let me know when the EGM is pls. Thanks

27/3/2019
9.15 a.m
AIA tower
92. Dharmapala mawatha. Colombo 7

EGM will held after the AGM

EGG wrote:Hi, can you kindly let me know when the EGM is pls. Thanks

https://cdn.cse.lk/cmt/uploadAnnounceFiles/1871551764875_372.pdf

Thanks Roshan.

roshan1039 wrote:

mark wrote:

roshan1039 wrote:

mark wrote:It was rumoured that buy back offer revised to 2500,
Paying less dividend is  good since it increases NAV. There could be short term shake since less dividends. Wil be good for bargain hunters.

Another thing, many trade volumes had happened over 1700, which means that buy back offer normally would be 1.5X times than the average price traded in previous months.

Thank you Mark, your comment encouraged me to hold and hope it will pay back a decent profit.

come to EGM and vote to make it happen

Dear Mark, if they fail to adopt this time what are the other means available for them to delist?

This time they can, btw come and vote, every vote counts.

This can be a silly question, but just to clarify. Vote will be favouring for the buy back at 2,500/- yeah.

EGG wrote:This can be a silly question, but just to clarify. Vote will be favouring for the buy back at 2,500/- yeah.

Yeah, but.they have to have 75% which they failed last time

Understood, thanks. In the event if they fail to get 75%, what will happen ? Sorry for asking too many questions due to less knowledge on buy backs. Thanks

If they fail to get the 75% -One Option maybe to go for a Delisting first-Once the Delisting is done they can then go for a Buyback as a Non Listed Entity-This is possible as the 75% Rule is only applicable for a Listed Entity-HOWEVER I TOO URGE ALL TO VOTE FOR THE BUYBACK

Hi,

Can you kindly let me know if shareholders will get any forms to complete in order to get the payment for the shares held pls.
I am yet to receive any documents and wondering if I need to contact any party for this.

Thanks

Yes -there will be the Offer Doc to buyback the Shares-Once you accept the Offer -then after the Offer closes-on the date indicated in the Doc-they will send the cheque