ASIA ASSET FINANCE PLC (AAF.N0000)

Top Trader · **101** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Fri Aug 08, 2014 11:00 pm

Top Trader

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AP

If the deal worth, and if you can hold for long time, then don't buy all now, if I were u, now I will wait till rights and buy that 1.60/=. Since cost will be low and no charges,

Kindly note that I ll do only if I get to know about the buyer

dilshan unawatuna · **102** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Sat Aug 09, 2014 12:33 am

dilshan unawatuna

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anyway price is ok to enter,,,1.60 - 1.80 range,,,,,,i also have the same expectation that this will move up to 2.30 range easily...happy trading.

Aubrey Perera · **103** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Mon Aug 11, 2014 2:58 pm

Aubrey Perera

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I have over 1 million average 1.84 . I will subscribe for rights as well. and sell over 2. some say deal at 2.70 ..some are saying 2.30. GL. Unclear if rights will be after or before sell out. either way I'm very bullish on this counter.

haran5555 · **104** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Mon Aug 11, 2014 4:05 pm

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Aubrey.. be happy. we will be winning on this.. I hv 50K collected 1.70-1.80... have to be patient...

Aubrey Perera · **105** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Mon Aug 11, 2014 4:34 pm

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Great haran . GL

dilshan unawatuna · **106** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Mon Aug 11, 2014 9:00 pm

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Im in, hope this will reach 2.50.

Aubrey Perera · **107** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Tue Aug 12, 2014 12:58 pm

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Dishan If you are correct I can make more than 500k in profit Smile

GL

SHARK aka TAH · **108** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Tue Aug 12, 2014 1:12 pm

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what about the right issue.... it should have had a run before the right issue right ?

so my hunch is that it could pinpong around 1.50-1.40 i have not looked at the chart.... but my opinion Basketball

Top Trader · **109** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Tue Aug 12, 2014 1:49 pm

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I feel transaction will take place before right issue and it will be on the Right Issue Price only.

I might be completely wrong, because some friends here predict the transaction above 2/=

Aubrey Perera · **110** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Tue Aug 12, 2014 1:51 pm

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Rights issue dates are not announced. two scenarios to look at. Indian company buys majority stake from AAF for Rs.2 +++ before rights and subscribes majority rights. In this scenario share price will appreciate pre rights and then when rights come to the market it will adjust accordingly. Second scenario Indian Company buys stake for Rs.2+++ after rights have been subscribed by AAF. In the either case an appreciation will take place. GL

Top Trader · **111** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Tue Aug 12, 2014 1:54 pm

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Aubrey Perera wrote:Rights issue dates are not announced. two scenarios to look at. Indian company buys majority stake from AAF for Rs.2 +++ before rights and subscribes majority rights. In this scenario share price will appreciate pre rights and then when rights come to the market it will adjust accordingly. Second scenario Indian Company buys stake for Rs.2+++ after rights have been subscribed by AAF. In the either case an appreciation will take place. GL

Yes one out of two options had to take place.

My guess is they will buy below 30% from ACAP, then will apply for the rights issue to get the control and then make the mandatory offer.

Interesting question will be at what price the transaction to be take place, since right is priced at 1.60/=

Aubrey Perera · **112** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Tue Aug 12, 2014 2:02 pm

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Yes Top Trader . Your correct. price I feel conservative figure and reported in Ceylon Today is Rs.2 if you go by book value over Rs.2.50.

Top Trader · **113** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Tue Aug 12, 2014 2:13 pm

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Aubery Perera, there are other issues we need to look here as well, what is their intention or what % they wanted, if they wanted just 51% then, the price will be lower, if they wanted more than 75% then it will be different price they need to offer, also need to see the implications of the minimum float.

Whether after taking over the control, whether they want to buy more companies through this?

Aubrey Perera · **114** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Wed Aug 13, 2014 11:14 am

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Yes top trader . You're correct. I have a strong feeling of upside though irrespective of outcome. GL

dilshan unawatuna · **115** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Wed Aug 13, 2014 11:45 am

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Someone is deliberately controlling the share price,,,

Aubrey Perera · **116** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Wed Aug 13, 2014 12:15 pm

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Spot on Dilshan. controlling and collecting at low range .

Top Trader · **117** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Wed Aug 13, 2014 11:37 pm

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AP check the crossing of CFL at 10.53, AAF will be the seller, so gain of 12 to 15 million

Aubrey Perera · **118** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Thu Aug 14, 2014 11:49 am

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Top trader Richard peiris securities buyer of CFL seller AAF ? this is good news for AAF if so. also heavy buying continuously at 1.70. Are you sure Yop trader. Thanks for the tip. I'm anyway bullish about AAF. GL

Aubrey Perera · **119** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Thu Aug 14, 2014 11:55 am

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Your correct about AAF selling. AAF capital gain 12 to 15 million ? great .

Aubrey Perera · **120** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Fri Aug 15, 2014 10:20 am

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Hi top trader and all AAF fans anyone of you looking at the order book at the moment ? selling orders decreased. GL

dilshan unawatuna · **121** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Fri Aug 15, 2014 1:47 pm

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Aubrey Perera wrote:Hi top trader and all AAF fans anyone of you looking at the order book at the moment ? selling orders decreased. GL

yep,,hope this will move up soon,,,2.50 is good,

Top Trader · **122** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Fri Aug 15, 2014 2:04 pm

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Hi AP

Am not a fan of any shares, i hold some AAF, if i got my target, i will sell and come out.

Aubrey Perera · **123** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Fri Aug 15, 2014 2:08 pm

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Great !!!!

Top Trader · **124** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Fri Aug 15, 2014 6:45 pm

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http://www.cse.lk/cmt/upload_report_file/1108_1408105150.pdf. - I have considerable amount of shares in my PF, not considerable to became top 20 though

Top Trader · **125** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Fri Aug 15, 2014 9:14 pm

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Am expecting 100% return over next three years, if it hit before that, I ll sell at that time, my expectation is based on the following factors.

But a kind request to all members, don't follow my style and burn your hands, do your own studies and if you are satisfied with the ur study invest, if not please stay away

Different papers and brokers and some websites predict that the deal will go through at 2 or above, but my strong feeling is that it will be at 1.60, I might be totally wrong and will be happy if am wrong.

Clearly go through the balance sheet, you can identify certain things, anyway I wanted to get to know what is the investment property they have, if anybody has the knowledge please share it, otherwise will wait till Annual report to out

They made one off capital gain last week, which will not be repeated again though

With the rights issue they will get the free cost working capital, so they can go for quality lending at the competitive rates, am sure the rights issue will be success, either new investor or the Asia capital will take their rights.

If a strong owner comes, then banks will offer them better rates, compared to the present rates, they are almost debt free as of now, also if the good investor come in, I feel they will get some credit lines as well.

So am positive about it, but please do your own studies and invest, don't lose ur hard earn money.

Expecting the comments from other members.

SHARK aka TAH · **126** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Fri Aug 15, 2014 11:53 pm

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Thanks TT.
Can you share some information you have already gathered, so some of the members can short circuit the whole scenario Very Happy

This will save some with their time too Very Happy

Looking forward to contribution from others as well.

I am thinking 1.50 would be an initial SUPPORT for this Very Happy

What do you say....
SHARK

Top Trader · **127** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Sat Aug 16, 2014 12:24 am

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Shark,

Will do it during the course of the day, while I wanted each members to do their own study, because it's their hard earn money, at any circumstances I don't want them losing the money, because of my thinking or opinion, am not on credit and am invest the amount, where I can absorb the loss or I can hold it for a long period.

Top Trader · **128** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Sat Aug 16, 2014 12:26 am

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Any identification from the financial, since ur holding enough for to be in the top twenty

Top Trader · **129** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Sat Aug 16, 2014 4:43 pm

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See the amount parked in the treasury bill, also considerable increase in the lending and deposits

eroshans · **130** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Sun Aug 17, 2014 7:28 pm

eroshans

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Top Trader wrote:Shark,

Will do it during the course of the day, while I wanted each members to do their own study, because it's their hard earn money, at any circumstances I don't want them losing the money, because of my thinking or opinion, am not on credit and am invest the amount, where I can absorb the loss or I can hold it for a long period.

Dear top members..
plz give some clues to do own study / home work on shares...
thanks

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ASIA ASSET FINANCE PLC (AAF.N0000)

101 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Fri Aug 08, 2014 11:00 pm

Top Trader

102 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Sat Aug 09, 2014 12:33 am

dilshan unawatuna

103 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Mon Aug 11, 2014 2:58 pm

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104 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Mon Aug 11, 2014 4:05 pm

haran5555

105 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Mon Aug 11, 2014 4:34 pm

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106 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Mon Aug 11, 2014 9:00 pm

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107 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Tue Aug 12, 2014 12:58 pm

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108 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Tue Aug 12, 2014 1:12 pm

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109 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Tue Aug 12, 2014 1:49 pm

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110 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Tue Aug 12, 2014 1:51 pm

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111 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Tue Aug 12, 2014 1:54 pm

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112 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Tue Aug 12, 2014 2:02 pm

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113 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Tue Aug 12, 2014 2:13 pm

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114 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Wed Aug 13, 2014 11:14 am

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115 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Wed Aug 13, 2014 11:45 am

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116 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Wed Aug 13, 2014 12:15 pm

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117 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Wed Aug 13, 2014 11:37 pm

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118 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Thu Aug 14, 2014 11:49 am

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119 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Thu Aug 14, 2014 11:55 am

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120 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Fri Aug 15, 2014 10:20 am

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121 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Fri Aug 15, 2014 1:47 pm

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122 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Fri Aug 15, 2014 2:04 pm

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123 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Fri Aug 15, 2014 2:08 pm

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124 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Fri Aug 15, 2014 6:45 pm

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125 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Fri Aug 15, 2014 9:14 pm

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126 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Fri Aug 15, 2014 11:53 pm

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129 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Sat Aug 16, 2014 4:43 pm

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130 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Sun Aug 17, 2014 7:28 pm

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