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.

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


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



Latest topics

» SOFTLOGIC HOLDINGS PLC (SHL.N0000)
by Bakkabwoi Yesterday at 11:25 pm

» NATIONS TRUST BANK PLC (NTB.N0000)
by ColomboCSE Yesterday at 9:17 pm

» පෙබරවාරි මාසේ කොළඹ කොටස් වලට මොකක්ද වුනේ - බැසුවාද ? බැස්සාද ?
by xhunter Yesterday at 8:45 pm

» DFCC will be receiving Rs.594,538,285.50
by Wonderer Yesterday at 7:49 pm

» Daily Foreign Transactions
by Pradeep90 Yesterday at 6:42 pm

» UNHCR එකේ ලොකූ ටෝක දැම්මට සමහර ඔස්තාර් ලා කියන ආර්තික සම්භාදක අරවා මේවා මුකුත් එන්නේ නැ
by Vishwanarth Yesterday at 6:27 pm

» BROWNS INVESTMENTS PLC (BIL.N0000)
by samaritan Yesterday at 9:45 am

» GLAS will be winner with Super Gain.
by Eranga87 Yesterday at 2:00 am

» If you are one of those people who can sleep at night while someone else is in control of your destiny, then my advice would be to only invest in stocks
by Asoka Samarakone Thu Feb 25, 2021 9:58 pm

» Price prediction on GRAN and TAFL
by Bakkabwoi Thu Feb 25, 2021 6:22 pm

» SEMB SEMB
by stockchaser Thu Feb 25, 2021 2:57 pm

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by Vishwanarth Thu Feb 25, 2021 2:54 pm

» Bullish sentiment returns with market regulator's assurance
by Vishwanarth Thu Feb 25, 2021 2:52 pm

» DIPD/HAYC/HAYL
by Wickyz Thu Feb 25, 2021 1:19 pm

» Chart 25.02.2021
by stockback Thu Feb 25, 2021 12:41 pm

» is it a good time to sell expo shares
by Kipling Thu Feb 25, 2021 8:39 am

» Current 2021 Februray Unit Trust/Unit Fund Per Annum percentages
by agentnrox Thu Feb 25, 2021 8:13 am

» Leading brokers causing market downturn
by Mithooshan Thu Feb 25, 2021 7:40 am

» Must watch this video - unnecessary panic
by Jana Thu Feb 25, 2021 1:03 am

» LOLC HOLDINGS PLC (LOLC.N0000)
by learningthemarket Thu Feb 25, 2021 12:03 am

EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Trade Finance & Investments : IPO opens on 28th Sept 2011

Trade Finance & Investments : IPO opens on 28th Sept 2011

Go down  Message [Page 1 of 1]

cse.alpha


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Trade Finance & Investments : IPO opens on 28th Sept 2011

Trade Finance & Investments is a small finance company, I think controlled by Jetwing group (Cooray family)

6 mn shares offered at Rs 20

http://www.cse.lk/cmt/upload_cse_announcements/2211315381731_.pdf

chamith

chamith
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
we have to wait and see the prospects to decide the valuation of the firm.
But this number of shares offered attracts my interest. But then again have to see how much the principal owner holds.

considering the number of shares offered, this would be a very speculative share!!!

MJ


Manager - Equity Analytics
Manager - Equity Analytics
6Mn shares is the number issued for the public ,It does not mean that the entire share holding is only 6Mn.

In general , the shares issued to the public could vary from 20-45%

Will wait and see !!!! details should be out soon.

chamith

chamith
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@MJ wrote:6Mn shares is the number issued for the public ,It does not mean that the entire share holding is only 6Mn.

In general , the shares issued to the public could vary from 20-45%

Will wait and see !!!! details should be out soon.

Thats what i said exactly. 6m is only the public offering. But have to see the total issued quantity (principal owner holdings, PPs )

yasiru


Senior Equity Analytic
Senior Equity Analytic
i think its good,eps For the Four Months ended 31st July=0.64
so per=20/0.64=31.25



Dividends


The Company has paid a final dividend of Rs.0.45 per Ordinary share (After Subdivision) on
23rd July 2011 amounting to Rs. 22,860,180/= for the year ended 31st march 2011.

Subdivision of Shares
The Shareholders of the Company at its meeting held on 29th April 2011 resolved to sub divide
each existing share into ten (10) shares based on the shareholding as at 29th April 2011, thus
increasing the number of shares of the Company from 5,080,040 to 50,800,400. The shares
arising from such sub division carries the same rights vis-à-vis the existing shares from which
such increase arise.
and also

Sale or purchase of shares by the Directors
The following Directors of TIFL have sold shares during the year immediately preceding the date of
the issue of this Prospectus.
Name of Director No. of Shares Price per Share Transferee Date of Transfer
Mr. N J H M Cooray 1,270,010 @ 23.92 Mr. Toshiaki Tanaka 07th July ‘11
Ms. N T M S Cooray 1,270,010 @ 23.92 Mr. Toshiaki Tanaka 14th July ‘ 11

so the issue share 20 for us,but there is inside trade in 23.92/-,
in this details i think trade finace can be a advantage for us,

this is not recommendation for buy,bcz in diz market anything can happen,eg:tjl,there is no reason to find,why tjl trade below the ipo price,so care full

ishnet

ishnet
Manager - Equity Analytics
Manager - Equity Analytics
@chamith wrote:
@MJ wrote:6Mn shares is the number issued for the public ,It does not mean that the entire share holding is only 6Mn.

In general , the shares issued to the public could vary from 20-45%

Will wait and see !!!! details should be out soon.

Thats what i said exactly. 6m is only the public offering. But have to see the total issued quantity (principal owner holdings, PPs )

4.6 Listing
An application has been made to the CSE for permission to deal in and for a listing of Fifty Six MillionEight Hundred Thousand And Four Hundred (56,800,400) Ordinary Shares being the entirety of Issued and Paid up Ordinary Shares of the Company subsequent to the Offering, in the “Diri Savi Board”. Such permission will be granted when the shares are listed on the Colombo Stock Exchange.

ccsentha


Vice President - Equity Analytics
Vice President - Equity Analytics
It seems around 56M will be listed, only 6M is going to be issued to the public, if the owners don't dispose the share on the first day, then this could be a good one, isn't it??

Only 6M is going public, so that should create some demand, isn't it?

investor1984

investor1984
Manager - Equity Analytics
Manager - Equity Analytics
For the first time in CSE i think we are seeing a sell down below the IPO price ... Well-done Mr Cooray.... This will be IPO worth investing but the thing is, They ask for minimum of 1000 shares, but i highly doubt whether anyone goin to get 1000 shares, Capital Alliance people always do this thing, they did same for the Tea Brokers IPO , Applicants received less than the minimum amount they ask to apply..

CSE-Daham


Stock Analytic
Stock Analytic
Is it worth at 20.00
IPO were disappointing us last few moths,so will this not?>??????????

bakapandithaya

bakapandithaya
Vice President - Equity Analytics
Vice President - Equity Analytics
Imn not going to apply

yasiru


Senior Equity Analytic
Senior Equity Analytic
is any one know about pp in trade finance??

Sponsored content


Back to top  Message [Page 1 of 1]

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