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CFVF- On tomorrow and day after.

+9
PGNN
JennyFunny
maddu
ISURU
lbnnirmal
econ
Namalaka
Gaja
windi5
13 posters

Go to page : 1, 2  Next

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1CFVF- On tomorrow and day after. Empty CFVF- On tomorrow and day after. Tue Aug 02, 2011 10:05 pm

windi5

windi5
Moderator
Moderator

CFVF has invested on a financial company,Orient Financial Services Cooperation Ltd. There was a little movement end of the day. How will be tomorrow? will this have any effect?. Dividend XD date falls on 5th.so before Friday will this hit at least 25?

2CFVF- On tomorrow and day after. Empty Re: CFVF- On tomorrow and day after. Tue Aug 02, 2011 10:07 pm

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics

they invested less than 20% am i right?

3CFVF- On tomorrow and day after. Empty Re: CFVF- On tomorrow and day after. Tue Aug 02, 2011 10:12 pm

windi5

windi5
Moderator
Moderator

Almost 20%, 19.99%. but, i dont know about this institute that they have invested in. What is this Orient Financial Services Cooperation Ltd?

4CFVF- On tomorrow and day after. Empty Re: CFVF- On tomorrow and day after. Tue Aug 02, 2011 10:18 pm

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics

i think this is one of the subsidiary of UM

5CFVF- On tomorrow and day after. Empty Re: CFVF- On tomorrow and day after. Tue Aug 02, 2011 10:56 pm

Namalaka

Namalaka
Manager - Equity Analytics
Manager - Equity Analytics

I think on Thursday, there are all chances of reaching even to 26-27 level..

(Note: This is not a buying or selling recommendation )

6CFVF- On tomorrow and day after. Empty Re: CFVF- On tomorrow and day after. Tue Aug 02, 2011 10:59 pm

windi5

windi5
Moderator
Moderator

Gaja what is the UM

7CFVF- On tomorrow and day after. Empty Re: CFVF- On tomorrow and day after. Wed Aug 03, 2011 3:30 am

econ

econ
Global Moderator

Gaja wrote:i think this is one of the subsidiary of UM

yeah this was a subsidiary of united motors. they sold it to janashakathi group few weeks ago. janashakthi group is the holders of cfvf too.

8CFVF- On tomorrow and day after. Empty Re: CFVF- On tomorrow and day after. Wed Aug 03, 2011 4:51 am

lbnnirmal

lbnnirmal
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

most probably it may go up until 5th then sudden drop will be dar

9CFVF- On tomorrow and day after. Empty Re: CFVF- On tomorrow and day after. Wed Aug 03, 2011 6:51 am

windi5

windi5
Moderator
Moderator

Thanks Econ i found the news on the net.UML has sold it in February.

This how the news was bublished on News 360.lk

United Motors Lanka PLC has sold its
stake in Orient Financial Services Corporation Limited to People’s
Venture Investment Company (Private) Limited.
Accordingly the UML will dispose the entire 23,999,995 million shares
it owns in the Orient Financial Services to the People’s Venture
Investments for a value of Rs. 230 million.

A stock market filing by UML announced that, an agreement in this regard was signed yesterday.

Peoples Venture Investments is a subsidiary of Janashakthi Group.

10CFVF- On tomorrow and day after. Empty Re: CFVF- On tomorrow and day after. Wed Aug 03, 2011 8:44 am

lbnnirmal

lbnnirmal
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

windi5 wrote:Thanks Econ i found the news on the net.UML has sold it in February.

This how the news was bublished on News 360.lk

United Motors Lanka PLC has sold its
stake in Orient Financial Services Corporation Limited to People’s
Venture Investment Company (Private) Limited.
Accordingly the UML will dispose the entire 23,999,995 million shares
it owns in the Orient Financial Services to the People’s Venture
Investments for a value of Rs. 230 million.

A stock market filing by UML announced that, an agreement in this regard was signed yesterday.

Peoples Venture Investments is a subsidiary of Janashakthi Group.
So how could be effected to the CFVF??

11CFVF- On tomorrow and day after. Empty Re: CFVF- On tomorrow and day after. Wed Aug 03, 2011 11:33 am

ISURU

ISURU
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Don't forget XD also on 5th instant.

12CFVF- On tomorrow and day after. Empty Re: CFVF- On tomorrow and day after. Wed Aug 03, 2011 2:42 pm

windi5

windi5
Moderator
Moderator

I.O CFVF. Its stagnant at 22 level couldnt pass 23. ppl are not interested,even its under value. ppl wend after EAST,which declared .50 dividend,but didnt even look at CFVF. tomorrow is the last day before the XD date on 5th,hope it will touch at least 24 tomorrow.

13CFVF- On tomorrow and day after. Empty Re: CFVF- On tomorrow and day after. Wed Aug 03, 2011 4:43 pm

maddu

maddu
Manager - Equity Analytics
Manager - Equity Analytics

windi5 wrote:I.O CFVF. Its stagnant at 22 level couldnt pass 23. ppl are not interested,even its under value. ppl wend after EAST,which declared .50 dividend,but didnt even look at CFVF. tomorrow is the last day before the XD date on 5th,hope it will touch at least 24 tomorrow.

Don't worry windi. it will touch 24 or 25 within tomorrow. It's a good dividend than EAST. People are blindly go after rally's then burn their fingers. but intelligent investors take there chances get real benefit.

Happy Trading...!!

14CFVF- On tomorrow and day after. Empty Re: CFVF- On tomorrow and day after. Wed Aug 03, 2011 4:50 pm

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics

http://www.cse.lk/cmt/uploadAnnounceFiles/4631312284574_698.pdf - according to this 19.99% represents 9,250,000 shares, so how much will represent 100%?

http://www.cse.lk/cmt/uploadAnnounceFiles/2121298290799_697.pdf - according to this UML Plc sold there entire holding of 23,999,995, so who hold the balance?

15CFVF- On tomorrow and day after. Empty Re: CFVF- On tomorrow and day after. Wed Aug 03, 2011 4:58 pm

econ

econ
Global Moderator

Gaja wrote:http://www.cse.lk/cmt/uploadAnnounceFiles/4631312284574_698.pdf - according to this 19.99% represents 9,250,000 shares, so how much will represent 100%?

http://www.cse.lk/cmt/uploadAnnounceFiles/2121298290799_697.pdf - according to this UML Plc sold there entire holding of 23,999,995, so who hold the balance?

private arm of janashakthi group

16CFVF- On tomorrow and day after. Empty Re: CFVF- On tomorrow and day after. Wed Aug 03, 2011 5:01 pm

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics

econ wrote:
Gaja wrote:http://www.cse.lk/cmt/uploadAnnounceFiles/4631312284574_698.pdf - according to this 19.99% represents 9,250,000 shares, so how much will represent 100%?

http://www.cse.lk/cmt/uploadAnnounceFiles/2121298290799_697.pdf - according to this UML Plc sold there entire holding of 23,999,995, so who hold the balance?

private arm of janashakthi group

i was the opinion that the pvt arm of the janashakthi insurance holds 23,999,995 shares, need to check thanks for the information

17CFVF- On tomorrow and day after. Empty Re: CFVF- On tomorrow and day after. Thu Aug 04, 2011 8:46 am

JennyFunny


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

might be a bullish breakout today..lets see..

Not a BUY/SELL/HOLD reccomendation..

happy tading

18CFVF- On tomorrow and day after. Empty Re: CFVF- On tomorrow and day after. Thu Aug 04, 2011 8:54 am

JennyFunny


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Smile

19CFVF- On tomorrow and day after. Empty Re: CFVF- On tomorrow and day after. Thu Aug 04, 2011 4:10 pm

PGNN


Manager - Equity Analytics
Manager - Equity Analytics

What if I sell CFVF tomorrow !!!!
Am I entitle for the dividend or not?

20CFVF- On tomorrow and day after. Empty Re: CFVF- On tomorrow and day after. Thu Aug 04, 2011 5:12 pm

windi5

windi5
Moderator
Moderator

hmm you get the dividend,dont worry.

21CFVF- On tomorrow and day after. Empty Re: CFVF- On tomorrow and day after. Thu Aug 04, 2011 9:47 pm

xhora

xhora
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

in every recent dividend I lost more than i gained from dividend due to steep decrease in price after the DIV. e.g KOTA

we saw the same story with HOPL yesterday
So this time I decided to drop this before XD (Bought at 21.4 sold at 23.2)

22CFVF- On tomorrow and day after. Empty Re: CFVF- On tomorrow and day after. Thu Aug 04, 2011 10:36 pm

windi5

windi5
Moderator
Moderator

if can hold few weeks,it will rise.This is not end of everything. CFVF is a good company,this quarter results also prove that.So keep your nerves calm,it will come to its real value soon. I love you

23CFVF- On tomorrow and day after. Empty Re: CFVF- On tomorrow and day after. Thu Aug 04, 2011 10:46 pm

maddu

maddu
Manager - Equity Analytics
Manager - Equity Analytics

windi5 wrote:if can hold few weeks,it will rise.This is not end of everything. CFVF is a good company,this quarter results also prove that.So keep your nerves calm,it will come to its real value soon. I love you

Very Happy Very Happy cheers cheers

24CFVF- On tomorrow and day after. Empty Re: CFVF- On tomorrow and day after. Fri Aug 05, 2011 1:56 pm

lbnnirmal

lbnnirmal
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Now it's trading around 19.9 it may go down further ..... confused

25CFVF- On tomorrow and day after. Empty Re: CFVF- On tomorrow and day after. Fri Aug 05, 2011 11:46 pm

mark

mark
Expert
Expert

lbnnirmal wrote:Now it's trading around 19.9 it may go down further ..... confused

may be go down,will be base on market condition,see what happened to KOTA,HOPL,DFCC..........
btw LFIN was steady on XD after 3.5Rs dividend Very Happy

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