Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum 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
Sri Lanka Equity Forum
සිංහල පරිවර්තනය
Poll

SLEF Market Sentiment Indicator

73% 73% [ 1136 ]
27% 27% [ 424 ]

Total Votes : 1560

Latest topics
» How CSE reacted after Ranil rang the trading commencement bell to mark 30th anniversary
by Teller Today at 2:47 am

» Sri Lanka, the First Asian country to become the Victim of China’s Debt Trap.
by Teller Today at 2:43 am

» Reasons for negative comments by members on CSE
by Teller Today at 2:25 am

» LDEV gonna be a Gem soon
by Chinwi Yesterday at 2:33 pm

» Windows installer doesn't allow me to set up the desktop app of Acuity online trading system.
by Jayashantha Yesterday at 8:30 am

» Anyone ready for the super September ?
by Ran49 Yesterday at 7:16 am

» Browns capital quite stable
by reyaz Yesterday at 2:29 am

» You still do not believe in the earnings on the Internet?
by ruwan326 Fri Aug 18, 2017 7:39 pm

» New Tax Reform Bill to impose a stock trading tax? - Reuters
by Ran49 Fri Aug 18, 2017 7:25 pm

» Yahapalanaya Hits on financials-Listed companies
by nigma Fri Aug 18, 2017 4:59 pm

» Vehicle Prices
by worthiness Fri Aug 18, 2017 3:05 pm

» RWSL Dividend Rs. 0.15 per share / Final Dividend
by MasterD Fri Aug 18, 2017 2:32 pm

» Life Insurance Companies to be affected by new Tax Bill?
by DS Wijesinghe Fri Aug 18, 2017 1:42 pm

» SIRA loss increased by 270℅
by gdid Fri Aug 18, 2017 1:34 pm

» How to send privet Massages here
by Teller Fri Aug 18, 2017 1:07 pm

» where is AINV financials
by Teller Fri Aug 18, 2017 11:56 am

» Apla huge profit drop,-76%
by Teller Fri Aug 18, 2017 11:52 am

» LOFC Chart 28.04.2017 (weekly chart)
by stockback Fri Aug 18, 2017 10:32 am

» BIL will give you quick 10% return
by sharemarket Fri Aug 18, 2017 9:49 am

» Motor bike tax reduction by 90℅
by Harry82 Fri Aug 18, 2017 9:19 am

» Market is falling continuously
by soileconomy Fri Aug 18, 2017 7:43 am

» Harry J-led Japanese consortium makes UL offer in writing
by DS Wijesinghe Thu Aug 17, 2017 7:22 pm

» Banking sector financial soundness indicators stable: IMF
by DS Wijesinghe Thu Aug 17, 2017 7:12 pm

» DUTY OF CSE & SEC
by niru Thu Aug 17, 2017 3:07 pm

» JKH will settle @ 160
by Teller Thu Aug 17, 2017 1:52 pm

» Abans in mega Shopping Mall project : Fitch report
by Wimal Modawansa Thu Aug 17, 2017 12:03 pm

» Nest profit down by 33.4℅ YOY
by Teller Thu Aug 17, 2017 11:48 am

» LOLC will hit again
by sharemarket Thu Aug 17, 2017 11:44 am

» I Quit CSE today and Enter NASDAQ/TDWL
by D.G.Dayaratne Thu Aug 17, 2017 11:24 am

» RENUKA CAPITAL PLC (KZOO)
by Namal Thu Aug 17, 2017 8:13 am

» PABC Bank..
by Chinth Wed Aug 16, 2017 9:56 pm

» CSEC and CFVF
by ruwan326 Wed Aug 16, 2017 7:07 pm

» Is AINV.N going to its END
by Teller Wed Aug 16, 2017 5:56 pm

» ABOUT BFL.....
by Deen79 Wed Aug 16, 2017 3:15 pm

» CHOT 62% loss QOQ
by Teller Wed Aug 16, 2017 2:10 pm

» Sri Lanka: Stock Market - Blood Bath on First Day of Ranil's fourth Term lead UNP Government - over 500,000 Investors are awaiting Rs.500,000 per investor Margin Trading promise given in UNP Manifesto amounting to over Rs.250 Billion
by DS Wijesinghe Wed Aug 16, 2017 1:52 pm

» BINARY OPTION TRADING
by samaritan Wed Aug 16, 2017 1:49 pm

» FLCH-First to decalre Div?
by Agape Wed Aug 16, 2017 10:54 am

» COLOMBO SHIT EXCHANGE UNDER YAHAPALANAYA
by samaritan Wed Aug 16, 2017 10:02 am

» sell and exit from CSE
by nigma Wed Aug 16, 2017 8:35 am

» Today ASPI 45 points down???? JKH 160/50
by nigma Wed Aug 16, 2017 8:21 am

» YORK RS. 1.00 DIVIDEND........?
by wisdom79 Wed Aug 16, 2017 7:24 am

» COCR IN TROUBLE?
by Chinwi Wed Aug 16, 2017 7:22 am

» Teller .Equity stars 12123....
by Teller Tue Aug 15, 2017 11:14 pm

» PABC TO BE FINED !
by Teller Tue Aug 15, 2017 11:09 pm

» plantation shares.....
by Captain Tue Aug 15, 2017 11:01 pm

» FLCH Browns Capital
by hanuma Tue Aug 15, 2017 10:31 pm

» COCR profit declined QoQ by 19℅
by Teller Tue Aug 15, 2017 6:13 pm

» Advertise on Sri Lankas' No.1 Stock Market Forum!!
by Teller Tue Aug 15, 2017 6:11 pm

» ABANS FINANCE UNDER INVESTIGATION BY CSE AND SEC?
by Wimal Modawansa Tue Aug 15, 2017 5:24 pm

» KHL 380℅ lost QOQ
by samaritan Tue Aug 15, 2017 5:12 pm

» Open an Account with https://expertoption.com/?refid=10784
by jayasurya1126 Tue Aug 15, 2017 3:46 pm

» COUNTRY HEADED TOWARDS A BOP CRISIS !
by skyfall Tue Aug 15, 2017 11:11 am

» Hemas Profitability drops, CEO Steven Enderby warns tough times ahead but confident of HHL future growth
by reyaz Tue Aug 15, 2017 10:10 am

» PROPERTY BUBBLE IS IMMINENT !
by reyaz Tue Aug 15, 2017 10:05 am

» ELPITIY Good Profit
by visvajith Tue Aug 15, 2017 9:37 am

» භාණ්ඩාගාර බිල්පත් පොළිය තවදුරටත් පහළට
by stockback Mon Aug 14, 2017 10:44 pm

» Plantation Shares...
by Captain Mon Aug 14, 2017 10:12 pm

» watch CTBL & ASIYA
by Teller Mon Aug 14, 2017 9:59 pm

» KZOO.N0000 Will Rise Up
by Wimal Modawansa Mon Aug 14, 2017 4:45 pm

» Will JKH touch Rs. 180
by Miss-Sangeetha Mon Aug 14, 2017 10:28 am

» NOW TALK ABOUT YORK ARKADE PLC
by reyaz Mon Aug 14, 2017 9:59 am

» Ceylon Foreign Trade
by Investor1994 Mon Aug 14, 2017 7:47 am

» Sri Lanka Trade Deficit to widen with more urgent rice imports
by DS Wijesinghe Mon Aug 14, 2017 6:55 am

» More than 100 Annual and interim financial statements will be publish withing next 3 working days...
by Teller Mon Aug 14, 2017 12:54 am

» LIOC is active again
by Teller Mon Aug 14, 2017 12:52 am

» Sri Lanka Govt ready to squeeze credit to property'
by anges Sun Aug 13, 2017 10:12 pm

» DirectFN used by anyone now (Aug 2017)
by prabath Sun Aug 13, 2017 9:46 pm

» COUNTRY HEADING TOWARDS CHAOS....!!!!
by Teller Sun Aug 13, 2017 7:21 pm

» Whats up with ctld?
by Teller Sun Aug 13, 2017 6:51 pm

» Anna Umbalage ekek Yahapalanayata avilla
by Teller Sun Aug 13, 2017 6:18 pm

» ASI now 6500
by Teller Sat Aug 12, 2017 11:40 pm

» AINV.N Starts again ?
by Teller Sat Aug 12, 2017 11:32 pm

» Mattala Airport to be leased to Indian company ----GREAT.... Srilankan Airline is the only problem ...no one is willing to take
by Teller Sat Aug 12, 2017 11:29 pm

» Equity Forum
by Teller Sat Aug 12, 2017 11:17 pm

» If same thing happens in MR era?
by bakapandithaya Fri Aug 11, 2017 3:11 pm

» BOND GATE ........!!!!!!!!
by samaritan Fri Aug 11, 2017 10:38 am

» CENTRAL BANK BOND EXPLOSION ROCKS CSE
by samaritan Fri Aug 11, 2017 10:01 am

» Ravi to resign .....
by Chinwi Fri Aug 11, 2017 9:50 am

» MADU .......
by bakapandithaya Fri Aug 11, 2017 1:09 am

» What will Basil do now?
by bakapandithaya Thu Aug 10, 2017 11:46 pm

» MARKET DOWNSWING
by Ran49 Thu Aug 10, 2017 11:17 pm

» RAL with Max Profit.....
by Teller Thu Aug 10, 2017 11:07 pm

» ECL ECL Surpass 8++ with in next Week
by Teller Thu Aug 10, 2017 11:02 pm

» MALWATTE PLANTATIONS
by Ran49 Thu Aug 10, 2017 10:53 am

» All share RSI 20
by sharemarket Thu Aug 10, 2017 10:30 am

» TOP LISTED FINANCE COMPANIES
by Wimal Modawansa Thu Aug 10, 2017 10:08 am

» 20th AMENDMENT TO THE CONSTITUTION - FOR WHAT?
by Yahapalanaya Thu Aug 10, 2017 8:57 am

» How to invest in foreign stock market?
by Neluka Karannagoda Thu Aug 10, 2017 8:20 am

» LLUB any news?
by thankrishan Wed Aug 09, 2017 12:33 pm

» To beat the heat Chevron seeks better strategies
by DS Wijesinghe Wed Aug 09, 2017 6:51 am

» WHY THIS IS IMPORTANT TO READ NOW
by worthiness Tue Aug 08, 2017 7:54 pm

» GREG,DPL,TAP..........NOW LOLL
by wisdom79 Tue Aug 08, 2017 7:06 pm

» post publish for promoters./.................................
by reyaz Tue Aug 08, 2017 2:14 pm

» ABANS Unfair Offer Price
by Wimal Modawansa Tue Aug 08, 2017 12:46 pm

» Ahoo Kalamazzoooo....
by Wimal Modawansa Tue Aug 08, 2017 12:28 pm

» GRAN profit down by 100℅
by Teller Tue Aug 08, 2017 12:13 pm

» Apple hits all time highs, Dow eyes 22,000, Asia Hopes to Benefit too
by Teller Mon Aug 07, 2017 11:55 pm

» SAMPATH BANK FLYING COLORS
by worthiness Mon Aug 07, 2017 10:24 am

AFSL can be a gem..

Page 3 of 3 Previous  1, 2, 3

View previous topic View next topic Go down

AFSL can be a gem..

Post by Teller on Fri Jul 15, 2016 1:28 am

First topic message reminder :


Abans financial services is on correct track , so I'm sure this can be surpass 60++ easily and stablize the price around 70/- rupees.
Largest share holders are owning 98.25% of total issued shares which is one of the minimum public float companies in CSE. Abans PLC owns 89.26 as largest share holder but amazing thing is except largest 20 share holders ,rest are having 647,572 shares only. I'm sure even previous oversubscribed right issue also utilized majar 20 holders to increase their holdings.

20 major share holders as on 31st March 2016
Abans PLC 33,025,006 -89.26 %
Mr. P N Pestonjee 633,000 1.71 %
Mr. K Kunenthiran 419,671 1.13
Mr. P K Pestonjee 370,100 1.00
Mrs. H G S Chandrakanthi 370,000 1.00
Mrs. C V Sumanadasa 370,000 1.00
Mr. B Pestonjee 214,000 0.58
Mrs. S Dubash 133,334 0.36
Mr. R Pestonjee 133,237 0.36
A B Cold Storage (Private) Limited 100,000 0.27
Ab Securitas (Private) Limited 100,000 0.27
Cleantech (Pvt) Ltd 100,000 0.27
Tks Finance Ltd/ K Jayakody 94,512 0.26
Mrs. A Pestonjee 0.18 66,667
Mrs. H I Salgado 0.18 66,600
Tks Finance Ltd/S T Selvi 40,640 0.11
Mr. G C Goonetilleke 40,000 0.11
Tks Finance Ltd/L S Vithya 0.08 28,951
Mr. K Poologasundram 25,000 0.07
Mrs. W G S D Chandrathilaka 21,710 0.06

Loans and advances figure increased from 637 million to 1,188 million nearly double with in a year.
Lease rental receivable has increased 2,903 million to 3,596 million.
With this over subscribed debentures money will reduce the gearing ratio so I'm sure 10 plus EPs in coming Financial year.
Due to less liquidity and major collection from abans family may lift AFSL share price 65_70 /- range soon.
AFSL also minimum risk investment as current market down turn even this created good support at 42 levels.
http://www.cse.lk/cmt/upload_report_file/1069_1464604378891.pdf
avatar
Teller
Moderator

Posts : 3532
Equity Stars : 12196
Reputation : 127
Join date : 2013-06-25
Location : Abhudhabi

Back to top Go down


Re: AFSL can be a gem..

Post by Teller on Sun Jul 24, 2016 9:14 pm

These private placements have been locked for 2 years. Right issue and private placement all money reinvested to business that's the reason their loans and advances almost in double.
In this scenario no need to worry for high selling pressure. It will move in a respective time line .
GL

Teller
Moderator

Posts : 3532
Join date : 2013-06-25

Back to top Go down

Re: AFSL can be a gem..

Post by Cricketman on Thu Jul 28, 2016 5:31 am

AFSL is out of radar wage....

Cricketman
Senior Equity Analytic
Senior Equity Analytic

Posts : 66
Join date : 2015-02-19

Back to top Go down

Re: AFSL can be a gem..

Post by Teller on Thu Jul 28, 2016 10:37 pm

any time this will be fly now smart buyers are accumulating shares day by day.
This is a very good stock.

Teller
Moderator

Posts : 3532
Join date : 2013-06-25

Back to top Go down

Re: AFSL can be a gem..

Post by antony thomaspulle on Sat Jul 30, 2016 7:46 pm

This comment by Teller is misleading- The private placement price is likely to be increased to 50 as the price of 25 when market is trading at 55 to a independent director Hiran Embuldeniya  who has no exposure , is detrimental to minority shareholders.The CSE has questioned AFSL why the conflict of interest was not informed when application was made. Minority shareholders might request that the first preference should be given to the existing share holders.

Teller without varifying the facts posted saying growth is due to private placement the proceeds are yet to come. Embarassed Embarassed Embarassed          The volumes of business of two wheelers have dropped by 80% during the last two months from 450 Mn to 80 Mn and there has been a run on deposits.Be cautious Evil or Very Mad Evil or Very Mad Evil or Very Mad Evil or Very Mad Evil or Very Mad Evil or Very Mad Evil or Very Mad

antony thomaspulle
Stock Analytic
Stock Analytic

Posts : 10
Join date : 2016-07-24

Back to top Go down

Re: AFSL can be a gem..

Post by NZ BOY on Mon Aug 01, 2016 3:06 pm

AAF,CSF better than AFSL

NZ BOY
Moderator

Posts : 2846
Join date : 2013-02-28

Back to top Go down

Re: AFSL can be a gem..

Post by fortuneteller on Mon Aug 01, 2016 8:05 pm

Private placement @ 25 to AFSL independent director Hiran Embuldeniya has been rejected by SEC.If Abans decides on rights issue the share will shoot to 70.Good buy.
Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy
avatar
fortuneteller
Senior Equity Analytic
Senior Equity Analytic

Posts : 58
Equity Stars : 444
Reputation : 0
Join date : 2016-08-01

Back to top Go down

Re: AFSL can be a gem..

Post by Teller on Mon Aug 01, 2016 9:23 pm

This is a secret share we should increase our holding dramatically. 50-52 levels are very good to enter.
ABANS has accumilated it's holding from last year even further acquisition also possible.

GL
avatar
Teller
Moderator

Posts : 3532
Equity Stars : 12196
Reputation : 127
Join date : 2013-06-25
Location : Abhudhabi

Back to top Go down

Re: AFSL can be a gem..

Post by Miss-Sangeetha on Mon Apr 03, 2017 1:23 pm

On 5th May year 2016 AFSL listed 7,400,000 QTY of AFSL rights shares at CSE. https://cdn.cse.lk/cmt/uploadAnnounceFiles/7001462419151_1069.pdf

 Just within three months on 01/08/2016, the axis of evil under took propagandas very well knowingly about the worst financial position of AFSL, that ” If Abans decides rights issue the share will shoot to 70” to dump their boss’s AFSL on small scale investors heads, and that was subsequently failed.

 Now the same axis of evil totally turned against the AFSL right issue not because to safe guard this forum members but for their own interest.

They very well know after this second AFSL rights issue with in 12 months period, the AFSL share price will go down to least level less than Rs.10/- because AFSL financially on life supporting machine before their last year’s rights issue.

Now the same axis of evils trying to discourage the AFSL right issue among the investors, to suspend their boss’s AFSL portfolio holding value going down (erode).

 Now if they subscribed this AFSL rights offer, AFSL share price definitely will go down after the right issue and have to face double losses one forum their newly subscribe shares and 2nd from their exiting AFSL shares holding in collective accounts

 If this axis of evil unsubscribes their own rights issue and subsequently AFSL rights issue go on as said, their own exiting huge quantity of AFSL will lose its value.

This is the main reason, now these evils are posting this forum with borrowed financial data from their bosses as they did the same in the case of  HEXP, now they totally against the AFSL rights issue and talking about good company but mad management and inefficiency to dump their AFSL holding after the AFSL rights issue fails.

After seeing my depth of writing in my posts these fools are refuse to accept that I am a female and imagining I am a matured man or old lady because they still thinking about the male dominance of last century.

 They think they can promote anything on behalf their boss and after the short period of time, forum members will forget everything, and again they can write against their own post to plunder.

Now what had happened to the HEXP share price after the great land sale?  I am the single lady fought back against Teller’s HEXP mafia.   
avatar
Miss-Sangeetha
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Posts : 332
Equity Stars : 945
Reputation : 168
Join date : 2016-06-27

Back to top Go down

Re: AFSL can be a gem..

Post by antony thomaspulle on Mon Apr 03, 2017 5:10 pm

Very good analysis miss Sangeetha!

antony thomaspulle
Stock Analytic
Stock Analytic

Posts : 10
Equity Stars : 400
Reputation : 0
Join date : 2016-07-24

Back to top Go down

Re: AFSL can be a gem..

Post by Miss-Sangeetha on Mon Apr 03, 2017 7:40 pm

The Axis Of Evil

1) Openings fake numerous ID profile.

 2) Leave it idle

3) Selecting the illiquid Stocks E.g. HEXP, AFSL or Crap shares with running trend……… appreciates with      possible future imagination or dreams with financial data and graph provided by their broker firm bosses.

4) Suddenly brining the fakes idle ID profiles to active life to promote particular share along with their main ID.

5) Damping the huge QTY of shares from their broker firm and exit.


Now they are discourage the AFSL rights issue to prevent their AFSL portfolio holding value from losing , because they are very well know after the AFSL rights issue will bring down the AFSL to least level less than Rs.10/- because AFSL financially on life supporting machine.

Most of the fake ID promoters of AFSL with recently opened ID profiles and few posts in this topic along with newly opened one are now at the AFSL UPDATE topic, but these fools could easily track with their number of posts and with the time span.

Few numbers of post means they were idle for their cause with the time span.
We had seen the clear picture in the case of HEXP, now that high ranging Teller and his Orchestra disappeared in the case of HEXP.
avatar
Miss-Sangeetha
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Posts : 332
Equity Stars : 945
Reputation : 168
Join date : 2016-06-27

Back to top Go down

Be aware of Sangeetha the Shanky- Monketha! "The Manipulator"

Post by Wimal Modawansa on Mon Apr 03, 2017 10:08 pm


  • A lot of monkeys live near a Colombo village.

    One day iron Wood  came to the village to buy these monkeys
     
    He  announced that he  will buy the monkeys @ Rs 25.00 each.

    The villagers thought that this man is mad.

    They thought how can somebody buy stray monkeys at Rs 25.00 each?

    Still, some people caught some monkeys and gave it to this merchant and he gave Rs 25.00 for each monkey.

    This news spread like wildfire and people caught monkeys and sold it to Iron Wood

    After a few days, Iron wood  announced that he will buy monkeys Rs 40.00  each.

    The lazy villagers also ran around to catch the remaining monkeys!

    They sold the remaining monkeys @ Rs 40.00  each.

    Then the Iron wood  announced that he will buy monkeys @ Rs 40.00  each

    The villagers start to lose sleep! ... They caught six or seven monkeys, which was all that was left and got Rs 40.00 each.

    The villagers were waiting anxiously for the next announcement.

    Then Iron wood  announced that he is going home for a week. And when he returns, he will buy monkeys Rs 70.00 each!

    He asked Mess Sangeetha  to take care of the monkeys he bought. She was alone taking care of all the monkeys in a cage.
     
     Iron wood went home.

    The villagers were very sad as there were no more monkeys left for them to sell it at Rs 70.00 each.

    Then Mess Sangeetha  told them that she will sell some monkeys Rs 60.00  each secretly.

    This news spread like fire. Since Iron wood  buys monkey Rs 60.00 each, there is a Rs 10.00  profit for each monkey.

    The next day, villagers made a queue near the monkey cage.

    Mess Sangeetha  sold all the monkeys at Rs 60.00  each. The rich bought monkeys in big lots. The poor borrowed money from money lenders and also bought monkeys!

    The villagers took care of their monkeys & waited for Iron wood  to return.

    But nobody came! ... Then they ran to Mess Sangetha

    But Mess Sangetha  has already left too !

    The villagers then realised that they have bought the useless stray monkeys Rs 60.00  each and unable to sell them!

    This business is known as the...
    *STOCK MARKET* ..

    It made a lot of people bankrupt and a few people filthy rich in this monkey business.

    That's how the
    Iron wood operate!




avatar
Wimal Modawansa
Equity Analytic
Equity Analytic

Posts : 41
Equity Stars : 199
Reputation : 0
Join date : 2017-03-13

Back to top Go down

Re: AFSL can be a gem..

Post by soileconomy on Tue Apr 04, 2017 7:14 am

Old story .modawansa.
avatar
soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics

Posts : 1093
Equity Stars : 4646
Reputation : 33
Join date : 2011-02-20
Age : 39
Location : Nebraska

Back to top Go down

Page 3 of 3 Previous  1, 2, 3

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum
Statistics
We have 20021 registered users
The newest registered user is CooperOr

Our users have posted a total of 326865 messages in 50214 subjects
Who is online?
In total there are 94 users online :: 3 Registered, 1 Hidden and 90 Guests

Harry82, Namal, sameboy

Most users ever online was 541 on Mon Sep 19, 2011 11:29 am
Forum Disclaimer

The information contained in this forum 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.

www.srilankaequity.com its blogs, forums, 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, www.srilankaequity.com its blogs, forums, 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.