FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» Latest Financial Status and Future Outlook of SMB Finance PLC
by ChatGPT Today at 11:15 pm

» Latest Financial Status and Future Outlook of Overseas Realty PLC
by ChatGPT Today at 11:00 pm

» Latest Financial Status and Future Outlook of Merchant Bank of Sri Lanka & Finance PLC
by ChatGPT Today at 10:55 pm

» McDonald’s අපේ නෙමෙයි අපේ බෝස්ගේ – අබාන්ස් කියයි
by ChooBoy Today at 10:19 am

» AI Assistance for Stock Market Research and Analysis
by ChatGPT Today at 7:12 am

» Comparative Analysis of the Insurance Sector
by God Father Tue Mar 26, 2024 11:46 pm

» Sri Lanka: Why Pay Exorbitant Taxes?
by ChatGPT Tue Mar 26, 2024 10:52 pm

» LANKA CREDIT AND BUSINESS FINANCE PLC (LCBF.N0000)
by K.R Tue Mar 26, 2024 3:15 pm

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by D.G.Dayaratne Tue Mar 26, 2024 9:11 am

» SIYAPATHA FINANACE PLC (SLFL.N0000)
by ChatGPT Tue Mar 26, 2024 7:58 am

» FINANCE AND LEASING SECTOR
by ChatGPT Mon Mar 25, 2024 6:45 am

» LOLC FINANCE PLC (LOFC.N0000)
by ChatGPT Mon Mar 25, 2024 6:36 am

» CIC HOLDINGS PLC (CIC.N0000)
by ChatGPT Mon Mar 25, 2024 6:18 am

» UNION ASSURANCE PLC (UAL.N0000)
by ChatGPT Mon Mar 25, 2024 6:15 am

» First Capital Holdings PLC: Current Financial performance and future outlook
by God Father Sun Mar 24, 2024 10:58 pm

» LankaBizz: Sri Lanka's First ever Artificially Intelligent (AI) Business and Research Assistant
by God Father Sun Mar 24, 2024 7:27 am

» HOTEL AND TRAVEL SECTOR
by ErangaDS Wed Mar 20, 2024 7:22 am

» CIC Holdings Good Times Ahead
by ashan silva Mon Mar 18, 2024 11:00 am

» EPF Fund keep eye on low P/E Shares
by K.R Mon Mar 18, 2024 8:45 am

» SINS - the Tailwind effects of a crisis hit Economy
by Hawk Eye Mon Mar 18, 2024 8:37 am

» Ceylon cold stores
by Hawk Eye Mon Mar 18, 2024 8:25 am

» Asha securities Provide buy signal for CIC
by ddrperera Fri Mar 15, 2024 1:10 am

» CSE ready for another Downtrend?
by D.G.Dayaratne Thu Mar 14, 2024 11:24 am

» LankaLAW Forum : Sri Lanka’s #1 Discussion Platform for Legal Questions and Answers
by blindhog Thu Mar 14, 2024 9:14 am

» Sri Lanka poised to benefit from demand surge for ‘non-China origin’ graphite
by samaritan Wed Mar 13, 2024 1:31 pm

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube

Disclaimer
FINANCIAL CHRONICLE™ Disclaimer

The information contained in this FINANCIAL CHRONICLE™ have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein. FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever. Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, FINANCIAL CHRONICLE™ blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

Further the writers and users shall not induce or attempt to induce another person to trade in securities using this platform (a) by making or publishing any statement or by making any forecast that he knows to be misleading, false or deceptive; (b) by any dishonest concealment of material facts; (c) by the reckless making or publishing, dishonestly or otherwise of any statement or forecast that is misleading, false or deceptive; or (d) by recording or storing in, or by means of, any mechanical, electronic or other device, information that he knows to be false or misleading in a material particular. Any action writers and users take in respect of (a),(b),(c) and (d) above shall be their own responsibility, FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental violation of securities laws of any country, damages or loss arising out of the use of this information.


AI Live Chat

You are not connected. Please login or register

Watch ATL shares

+5
Capt
Market Sucker
sajeethk
kansai
Zaiban
9 posters

Go down  Message [Page 1 of 1]

1Watch ATL shares Empty Watch ATL shares Sun Jul 31, 2011 6:30 pm

Zaiban


Senior Equity Analytic
Senior Equity Analytic

Watch ATL...Amana Bank opens operations this Monday... Increased business revenue to ATL from Amana Bank..... as ATL is the only Islamic insurer (Takaful) in Sri Lanka and Amana Bank's risks can be covered only by ATL... I would expect it's share prices to go up and also ATL profitability to increase...

2Watch ATL shares Empty Re: Watch ATL shares Sun Jul 31, 2011 10:07 pm

kansai


Equity Analytic
Equity Analytic

Thanks,

But don't you think it is too much liquid now. And how about the financial of ATL in 2010 and the first quarter of this year ?

3Watch ATL shares Empty Re: Watch ATL shares Sun Jul 31, 2011 10:47 pm

Zaiban


Senior Equity Analytic
Senior Equity Analytic

from tomorrow onwards alot is going to change with this share.... just hold on to it you will see..

4Watch ATL shares Empty Re: Watch ATL shares Mon Aug 01, 2011 8:02 am

sajeethk


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

I will not think ATL will play major changers quickly. still it has to recover more loss and not yet start to make profit from the business

5Watch ATL shares Empty Re: Watch ATL shares Mon Aug 01, 2011 9:06 am

Market Sucker

Market Sucker
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

this may rise,but will comedown later,this is just like SEMB nature,SEMB go up and eventually come back to 2.20 level,so same applied to ATL

6Watch ATL shares Empty Re: Watch ATL shares Mon Aug 01, 2011 9:18 am

Capt

Capt
Senior Equity Analytic
Senior Equity Analytic

Amana Takaful (ATL.N) and Amana Bank are two different entities and they don't have any connection at all. So there won't be any fundamental reason for ATL.N to go up when Amana Bank starts operation.
But since most of the people think that they are interconnected share price can shoot up. But be careful if you are buying for this reason.

7Watch ATL shares Empty Re: Watch ATL shares Mon Aug 01, 2011 10:08 am

kansai


Equity Analytic
Equity Analytic

Capt wrote:Amana Takaful (ATL.N) and Amana Bank are two different entities and they don't have any connection at all. So there won't be any fundamental reason for ATL.N to go up when Amana Bank starts operation.
But since most of the people think that they are interconnected share price can shoot up. But be careful if you are buying for this reason.


That is what I am also thinking of. And further I feel ATL need much recovery before any logical shoot up



This is just my personnel view, neither advice nor suggestion to any action.

8Watch ATL shares Empty Re: Watch ATL shares Mon Aug 01, 2011 10:39 am

Investor99


Manager - Equity Analytics
Manager - Equity Analytics

Amana Bank has acquired 15% of ATL see the Corporate Disclosures/CSE Circulars/SEC Directives

27-Jul-2011 DISCLOSURE BY HERAYMILA SECURITIES LTD Re: ATL

9Watch ATL shares Empty Re: Watch ATL shares Mon Aug 01, 2011 4:43 pm

Zaiban


Senior Equity Analytic
Senior Equity Analytic

Capt wrote:Amana Takaful (ATL.N) and Amana Bank are two different entities and they don't have any connection at all. So there won't be any fundamental reason for ATL.N to go up when Amana Bank starts operation.
But since most of the people think that they are interconnected share price can shoot up. But be careful if you are buying for this reason.

I know they are two different entities. However at present Amana Bank and Amana Investments together own approximately 60% of ATL shares. Further Amana Bank operates on Islamic Shariah principles and therefore every facility/loan/mortgage given by Amana Bank has to be covered by an Islamic Insurance/Takaful company like ATL under shariah principles. Since there are no other Takaful companies in Sri Lanka all these Insurance business has to come their subsidiary which is ATL.

Further more business will come to ATL similar to what HNB Assurance is experiencing from their parent company HNB.

Further the IBSL (Insurance Regulator) has given Insurance companies a wider variety of investment opportunities after April 1st 2011 by changing the laws regarding to investments by Insurance companies. Before this regulation change ATL profitability was affected due to limited Shariah compliant investment avenues. However this change in regulation will vastly help ATL. Thus helping their proftability immensely.

10Watch ATL shares Empty Re: Watch ATL shares Mon Aug 01, 2011 5:22 pm

StocksWatch


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

Zaiban wrote:from tomorrow onwards alot is going to change with this share.... just hold on to it you will see..

Hi Zaiban, what was the change that you were expecting to happen today? ATL closed at the same price with a moderate turn-over today and I cannot see anything specal so far apart from that 150 million shares crossing at Rs. 2 that took place last week.

What is that sudden change that you are expecting and for what reasons?

11Watch ATL shares Empty Re: Watch ATL shares Mon Aug 01, 2011 5:30 pm

ha_na


Manager - Equity Analytics
Manager - Equity Analytics

StocksWatch wrote:
Zaiban wrote:from tomorrow onwards alot is going to change with this share.... just hold on to it you will see..

Hi Zaiban, what was the change that you were expecting to happen today? ATL closed at the same price with a moderate turn-over today and I cannot see anything specal so far apart from that 150 million shares crossing at Rs. 2 that took place last week.

What is that sudden change that you are expecting and for what reasons?

Dear StocksWatch, ATL chart quite interesting to me too since last week I don't know what up there for sure!

12Watch ATL shares Empty Re: Watch ATL shares Mon Aug 01, 2011 5:48 pm

StocksWatch


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

ha_na wrote:Dear StocksWatch, ATL chart quite interesting to me too since last week I don't know what up there for sure!

Thanks Harshana. Appreciate your feedback.

13Watch ATL shares Empty Re: Watch ATL shares Mon Aug 01, 2011 9:01 pm

Market Sucker

Market Sucker
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

StocksWatch wrote:
ha_na wrote:Dear StocksWatch, ATL chart quite interesting to me too since last week I don't know what up there for sure!

Thanks Harshana. Appreciate your feedback.

harshana Suspect who Rolling Eyes Wink

ATL price to buy was at around 2.10-2.20 and to sell off in millions after the announcement Wink

14Watch ATL shares Empty Re: Watch ATL shares Tue Aug 02, 2011 11:39 am

rijayasooriya

rijayasooriya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Zaiban wrote:from tomorrow onwards alot is going to change with this share.... just hold on to it you will see..

Where is the change?

15Watch ATL shares Empty Re: Watch ATL shares Mon Sep 05, 2011 4:19 pm

Zaiban


Senior Equity Analytic
Senior Equity Analytic

i told u to watch ATL

Sponsored content



Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum