ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000)

ForeigNer

ForeigNer

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Mr. X wrote:

ForeigNer wrote:Tomorrow AMF counter might come down by 25% due to Margin Calls.

My Broker phoned me early this morning and asked to exit any price tomorrow.

Your broker might working for a shark.. don't just blindly follow the brokers...

anyway be alert with this share, it went to 725 and now at 445 within 3 days time...

Don't know whether its a Shark or a Dolphin but my worry is that " Owners " can dump their part of stake even to Rs150/= level and exercise the same number of entitled rights. By this practice they can make a good profit while holding on to the same percentages.

ForeigNer

ForeigNer

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Equity Win wrote:ඉල්ලුමි සැපයුමි බලවෙිග අනුව සමතුලිතය වෙත ගමන් කරයි.} Demand = supply = Rs. 300/-

Glad if stopped at 300/= .... pale

කොටස් වෙළඳපොළ2020

කොටස් වෙළඳපොළ2020

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ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000) - Page 5 20517110

ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000) - Page 5 20581210

ForeigNer

ForeigNer

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Now the Company is in trouble as Right Issue will not be fully subscribed . Share is coming down in a rapid phase. Wonder whether the price will come down below the Right Issue price . Poor small buyers who got into AMF rally now in trouble as Brokers insist to sell at a loss.

Current loss is more than 50% ... !

SL-INVESTOR

SL-INVESTOR

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"Kotas weladapola" still promoting this crap. Most of one knows now dirty game, AMF. Now, played group wants to exit from AMF. This is trap. Idiots are promoting this kind of crap. Be safe this kind of cheap promoters. Be safe.. careful.. and enter to other good earnings counters rather than crap.

Eranx

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Why is this crap still running

chandanaf · **107** AMF Rights issue Fri Jul 16, 2021 8:18 pm

chandanaf

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AMF onward trend. When is the right XR and issue date ?

madukp

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15th July. Someone might play after rights are available in the market. Good for traders.

Tissa · **109** What will happen to AMF¿?????? Thu Jul 29, 2021 11:45 pm

Tissa

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Expert comment please

Tissa

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Is there possiblity to come down to RI price

madukp

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AMF is a good time to enter back. Buy of you can hold. The reason for the downtrend is pubic holders dump the rights conversions. Bug it's unlikely the major shareholders dump their shares at a bargain price.
expecting to collect these levels. It will move again 250+ when public selling pressure is over.
ps:
I advised this share to buy when it was moving around 200-300, and exit the share long ago when I was sharply raised to 600's from 300 levels.

Vasyan

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AMF gives you another chance of trading don't miss it. It trading under 200/= because of Additional rights

once they collect all it will go again over 250/=

lakmin

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SUB-DIVISION OF SHARES 1:12

madukp

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I Hope, everyone brought yesterday now happy. Cool

It's ok to book profits if you are on credit. But my advice is that with this sub division, a trading value of a share definitely will come close to 300 (before after split - before splitting 300, after split 25+ ). So, It's still a good buy at current levels. ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000) - Page 5 1f60a

ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000) - Page 5 1f60a

@admins - A question to you guys. Will Virtual stock split the share after it has happened? I rather like to keep my stocks in VSM if it working correctly, otherwise, I will accumulate another loss like HAYL and etc:

Disclaimer: I am holding a considerable portion of AMF in my real-time portfolio too.

Jana

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AMF can move further up ...

Seems like some party collecting all the additional rights and who bought the rights at 143/=

AMF should start its rally very soon because of Subdivision also..

We don't want to chase after 300/= 400/= level

still, we can enter with this under 220/= level ..220/- is the average price after rights ( who bought for the trading price when they announce rights )

so 200/= still undervalue

Big Bull

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Good Morning Ladis & Gentleman,

Directors have collected their lot and now it's a matter of time before we reach 300+

AMF ALL THE WAY

Big Bull · **117** AMF Will clear order book Wed Aug 25, 2021 11:34 am

Big Bull

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Expecting AMF to clear order book today. Another ATH of 700+ POSSIBLE

Equity Win

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Big Bull , if you buy all qtys book wiil clear

madukp

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Don't expect over day miracles. Anyway, AMF is a good share at current levels. This may even trade higher than 35 levels after the split. Every share has a day of it. Just be patient. Cool

smnsam

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Even though AMF NAV 289, no earnings and minus EPS, if this one goes up it would be pure manipulation.

Big Bull

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Deepest apologies for citing as 'today. Regardless a break-out is imminent. Probably by Friday or next week.

Of the 1.5m public float, 1.1 million have been traded in the last 5 days of which 780,000 shares have traded above 200 testifying a massive accumuluation.

The company fundamentally is a strong one is expected to benefit from the upcoming interest rate increments. A dividend is also on the cards given the last dividend of Rs 12.50 was paid for FY17.

This is a snapshot of the companies financial performance in the past 5 years.

Audited Financials FY17 FY18* FY19 FY20* FY21
EPS 72.32 6.72 79.68 (18.34) 0.99

*Restated

Technically the chart is extremely bullish. I strongly believe it can retest another ATH very soon before the split materialises.

xhunter

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smnsam wrote:Even though AMF NAV 289, no earnings and minus EPS, if this one goes up it would be pure manipulation.

Now NAV should be something around 197/=

Equity Win

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what is the target price before split ?

Vasyan

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they are selling whoever over buying after the split announcement . after that AMF will go over 300/=

abey

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AFTER SUB DIVISION 35 ++++. hold cheers

BEAR

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Very low public float. With 1:12 sub division dates announcement probably in next week, this will move to next level. Very much possible to appreciate by more than 30%. Watching closely.

nish84

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Tomorrow start ++20

nish84

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AMF journey start

Invest2018

Invest2018

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Looking dead even in bull run

buddikasmart

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AMF Published best quarterly result 1.65 for last quarter and Rs.6.60 annualized eps.
It will pass Rs. 25.00 in short term.

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ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000)

101 Re: ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000) Thu Jun 24, 2021 4:41 pm

ForeigNer

102 Re: ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000) Thu Jun 24, 2021 8:03 pm

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103 Re: ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000) Thu Jun 24, 2021 8:56 pm

කොටස් වෙළඳපොළ2020

104 Re: ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000) Thu Jun 24, 2021 9:09 pm

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105 Re: ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000) Fri Jun 25, 2021 3:02 am

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106 Re: ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000) Thu Jul 01, 2021 1:54 pm

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107 AMF Rights issue Fri Jul 16, 2021 8:18 pm

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108 Re: ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000) Sun Jul 18, 2021 6:39 pm

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109 What will happen to AMF¿?????? Thu Jul 29, 2021 11:45 pm

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110 Re: ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000) Thu Jul 29, 2021 11:46 pm

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111 Re: ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000) Thu Aug 19, 2021 1:43 pm

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112 Re: ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000) Thu Aug 19, 2021 7:13 pm

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113 Re: ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000) Fri Aug 20, 2021 10:21 am

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114 Re: ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000) Fri Aug 20, 2021 1:15 pm

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115 Re: ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000) Sat Aug 21, 2021 1:41 pm

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116 Re: ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000) Mon Aug 23, 2021 11:47 am

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117 AMF Will clear order book Wed Aug 25, 2021 11:34 am

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118 Re: ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000) Wed Aug 25, 2021 12:13 pm

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120 Re: ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000) Thu Aug 26, 2021 6:21 am

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121 Re: ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000) Thu Aug 26, 2021 10:16 am

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125 Re: ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000) Thu Aug 26, 2021 7:16 pm

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