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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000)

ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000)

+46
abey
smnsam
Big Bull
lakmin
Tissa
Eranx
SAGA
Dilip
kanishkaecomm
Wickyz
dayandacool
xhunter
LEO55
Bakkabwoi
SL-INVESTOR
C.THARANGA
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කොටස් වෙළඳපොළ2020
High-flyer
Equity Win
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ForeigNer
Mr. X
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50 posters

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

Go down  Message [Page 5 of 6]

ForeigNer


Senior Equity Analytic
Senior Equity Analytic

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.  No

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


Senior Equity Analytic
Senior Equity Analytic

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


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

කොටස් වෙළඳපොළ2020


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000) - Page 5 20517110
ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000) - Page 5 20581210

ForeigNer


Senior Equity Analytic
Senior Equity Analytic

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 likes this post

SL-INVESTOR


Manager - Equity Analytics
Manager - Equity Analytics

"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


Manager - Equity Analytics
Manager - Equity Analytics

Why is this crap still running

107ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000) - Page 5 Empty AMF Rights issue Fri Jul 16, 2021 8:18 pm

chandanaf


Stock Analytic
Stock Analytic

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

madukp


Expert
Expert

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

109ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000) - Page 5 Empty What will happen to AMF¿?????? Thu Jul 29, 2021 11:45 pm

Tissa


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Expert comment please

Tissa


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Is there possiblity to come down to RI price

madukp


Expert
Expert

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.

abey likes this post

Vasyan


Manager - Equity Analytics
Manager - Equity Analytics

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/=

abey likes this post

lakmin


Stock Trader

SUB-DIVISION OF SHARES 1:12

abey likes this post

madukp


Expert
Expert

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 

@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

Jana
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

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


Equity Analytic
Equity Analytic

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

117ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000) - Page 5 Empty AMF Will clear order book Wed Aug 25, 2021 11:34 am

Big Bull


Equity Analytic
Equity Analytic

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

Equity Win


Manager - Equity Analytics
Manager - Equity Analytics

Big Bull , if you buy all qtys book wiil clear

madukp


Expert
Expert

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


Senior Equity Analytic
Senior Equity Analytic

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

Big Bull


Equity Analytic
Equity Analytic

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.

madukp likes this post

xhunter

xhunter
Moderator
Moderator

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


Manager - Equity Analytics
Manager - Equity Analytics

what is the target price before split ?

Vasyan


Manager - Equity Analytics
Manager - Equity Analytics

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

abey likes this post

abey


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

AFTER SUB DIVISION 35  ++++. hold cheers

BEAR


Stock Trader

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


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Tomorrow start ++20

nish84


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

AMF journey start 📈

Invest2018


Manager - Equity Analytics
Manager - Equity Analytics

Looking dead even in bull run 😹😹

buddikasmart

buddikasmart
Manager - Equity Analytics
Manager - Equity Analytics

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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