Talks are on with Rajapaksha’s and some selected Brokers
LOFC – Bli –BFN & BIL
IT is heard and rumors are ripe of these finance companies will be sold out to CHINESE Financial entities and CBSL in principal had approved as per instructions given by the New Prime minister
These sales will bring in huge USD easing off the LKR and things are going fast
Please check the history specially millions of shares of LOFC were traded last 2 month @ 3.80 /3.70 levels and BIL & FLCH merger also a part of the deals – Financial experts say
BFN & LOFC to go first and massive collection is on already – BIG FISH WHO ARE GETTING INFORMATION ARE Dragging the prices down by doing share transfers among their own party accounts..
Don’t get Trapped and Don’t SELL LOFC below 4.50
Don’t Sell BIL BELOW 3 .50
Don’t Sell BFN BELOW 17-18
Don’t Sell BLI – Below 40
Start collection at low levels – not for credit..
But few Chinese financial institution officials are already in the country and talking to relevant parties
Talk to your BROKER some will say deals are on and under negotiations …