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 update...

Page 1 of 3 1, 2, 3  Next

View previous topic View next topic Go down

AFSL update...

Post by Teller on Tue Sep 06, 2016 1:26 pm

Company has announced ,private placement shares have been locked for 3 years.
So AFSL can lead to sky high with new imvestors

See the company statement


http://www.cse.lk/cmt/uploadAnnounceFiles/4941473071363_1069.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 update...

Post by Gallardo on Tue Sep 06, 2016 2:01 pm

How soon do you feel it can start moving?

Gallardo
Manager - Equity Analytics
Manager - Equity Analytics

Posts : 112
Equity Stars : 539
Reputation : 3
Join date : 2016-07-14

Back to top Go down

Re: AFSL update...

Post by Pac-man on Tue Sep 06, 2016 4:29 pm

yanawa badu
avatar
Pac-man
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Posts : 889
Equity Stars : 2032
Reputation : 15
Join date : 2015-02-06

Back to top Go down

Re: AFSL update...

Post by Insight on Tue Sep 06, 2016 6:03 pm

Teller,

How can the share price go up with a private placement??
Coz, PP comes with a price of Rs.25/-
Pl.explain
Thanks alot

Insight
Equity Analytic
Equity Analytic

Posts : 40
Equity Stars : 860
Reputation : 1
Join date : 2015-05-30

Back to top Go down

Re: AFSL update...

Post by Teller on Tue Sep 06, 2016 8:20 pm

Yes , this is happening because of this private placement has one condition.
The investors who participated this private placement can't sell any single share till 2019 March.
So there will not be any selling pressure during next 3 years from private placement.
It means very few public holding at the market so easy to go up the prices above 60/- levels.
On the other hand AFSL got lot of free cash for lending to customers but no need to pay any interests for the investor.
So definitely AFSL share prices will be upward no doubt on it
avatar
Teller
Moderator

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

Back to top Go down

Re: AFSL update...

Post by Insight on Wed Sep 07, 2016 7:20 am

Thanks Teller...

Insight
Equity Analytic
Equity Analytic

Posts : 40
Equity Stars : 860
Reputation : 1
Join date : 2015-05-30

Back to top Go down

Re: AFSL update...

Post by Teller on Fri Sep 23, 2016 2:49 am

Most of the finance companies Started to Run.  AFSl this quarter will be a good one as they received huge money from private placement . 
Private placement shares have been blocked for 3 years. So very few shares in the market . Now GSF,SFL,BLI  have started to run . Next AFSL should be updated above 55 levels at. Least.
Company is doing really well and loan and advances became double with in a year.
avatar
Teller
Moderator

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

Back to top Go down

Re: AFSL update...

Post by Gallardo on Sat Sep 24, 2016 1:16 am

The private placement lock in is great and reduces liquidity for 3 years, the Rs. 25 per share they paid is even better.  

In March the NAV was 16.61, by June it had increased to 18.79.  Yes NAV could have grown more by September anyway but the bigger boost is from the Rs.25 they got for each new private placement share.  

Even without doing the numbers here now, the next big pluses are the benefits of vehicle permits for more loans.  And last but not least, the human asset value of Ironwood Capital who took the private placement.  Read up on their team and see the familiar faces, their track records and huge corporate turnaround operations.  When an incredibly successful team, wants to sail on a particular ship, they are here to pick a bright one full of potential to further enhance.  See their work at Hemas, Actis/Asiri, Ceylon Oxygen, etc for a better idea of the value they've unlocked.

Gallardo
Manager - Equity Analytics
Manager - Equity Analytics

Posts : 112
Equity Stars : 539
Reputation : 3
Join date : 2016-07-14

Back to top Go down

Re: AFSL update...

Post by Gallardo on Mon Sep 26, 2016 10:53 am

I maintain that anyone collecting should target the lowest price possible.  The price Ironwood collected at or anything even close by (Rs. 10 or so higher) might be difficult as there are very few shares on the market.  Ironwood aren't here to make only 5 or 10 % so the prospects must be really good for them to get in.  Also my reference about their work at Hemas, Actis/Asiri, Ceylon Oxygen, etc is about the activities Ironwood directors have played a critical part in.

Gallardo
Manager - Equity Analytics
Manager - Equity Analytics

Posts : 112
Equity Stars : 539
Reputation : 3
Join date : 2016-07-14

Back to top Go down

Re: AFSL update...

Post by onenine87 on Tue Sep 27, 2016 2:14 pm

@Gallardo wrote:I maintain that anyone collecting should target the lowest price possible.  The price Ironwood collected at or anything even close by (Rs. 10 or so higher) might be difficult as there are very few shares on the market.  Ironwood aren't here to make only 5 or 10 % so the prospects must be really good for them to get in.  Also my reference about their work at Hemas, Actis/Asiri, Ceylon Oxygen, etc is about the activities Ironwood directors have played a critical part in.
 

There is another right issue in the pipeline at Rs.25

onenine87
Equity Analytic
Equity Analytic

Posts : 21
Equity Stars : 784
Reputation : 0
Join date : 2015-07-23
Location : Colombo

Back to top Go down

Re: AFSL update...

Post by Teller on Wed Sep 28, 2016 9:25 am

If another right issue is there 25/_, before that AFSL will touch 60 levels because exiting share holders will get the benifit for rights.
avatar
Teller
Moderator

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

Back to top Go down

Re: AFSL update...

Post by onenine87 on Wed Sep 28, 2016 10:50 am

@Teller wrote:If another right issue is there 25/_, before that AFSL will touch 60 levels because exiting share holders will get the benifit for rights.  
 Hi Teller

Can you explain it further...??? Thanks

onenine87
Equity Analytic
Equity Analytic

Posts : 21
Equity Stars : 784
Reputation : 0
Join date : 2015-07-23
Location : Colombo

Back to top Go down

Re: AFSL update...

Post by Gallardo on Wed Sep 28, 2016 11:07 am

Considering that the last rights issue only concluded in April and was successfully oversubscribed, how likely is another on and exactly how soon do you expect?  2 years? 3/4?  This April's right issue might have been the first time since listing. 

Also,  before Ironwood invested through a private placement, they would get a concrete agreement on future rights issue timelines.  Otherwise they risk diluting their shareholding after investing so much if they fail to subscribe.

Gallardo
Manager - Equity Analytics
Manager - Equity Analytics

Posts : 112
Equity Stars : 539
Reputation : 3
Join date : 2016-07-14

Back to top Go down

Re: AFSL update...

Post by nimantha80 on Wed Sep 28, 2016 1:31 pm

AFSL is a dirty game.It's kept down to collect.Will reach 50 easily all micro finance companies moving why not AFSL

nimantha80
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Posts : 2329
Equity Stars : 5707
Reputation : 48
Join date : 2012-10-12

Back to top Go down

Re: AFSL update...

Post by onenine87 on Wed Sep 28, 2016 2:31 pm

@Gallardo wrote:Considering that the last rights issue only concluded in April and was successfully oversubscribed, how likely is another on and exactly how soon do you expect?  2 years? 3/4?  This April's right issue might have been the first time since listing. 

Also,  before Ironwood invested through a private placement, they would get a concrete agreement on future rights issue timelines.  Otherwise they risk diluting their shareholding after investing so much if they fail to subscribe.

Wait and see..within this year next right issue will be finalized after the private placement. I wanted to know how it affect to current market price. 

Dear Teller...
could you explan

onenine87
Equity Analytic
Equity Analytic

Posts : 21
Equity Stars : 784
Reputation : 0
Join date : 2015-07-23
Location : Colombo

Back to top Go down

Re: AFSL update...

Post by Teller on Wed Sep 28, 2016 2:56 pm

I don't think any right issue with in 3 years.
avatar
Teller
Moderator

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

Back to top Go down

Re: AFSL update...

Post by point on Mon Oct 03, 2016 7:47 pm

An interesting share to study. Very small quantity outside.Good performances. Why no movement yet ????  Need a real movement
avatar
point
Manager - Equity Analytics
Manager - Equity Analytics

Posts : 194
Equity Stars : 1008
Reputation : 5
Join date : 2015-06-05

Back to top Go down

Re: AFSL update...

Post by Teller on Mon Oct 03, 2016 9:03 pm

Slowly Collection is going on. It will post very good financial report for the last quarter . We will see sudden blast at any time in coming days.
avatar
Teller
Moderator

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

Back to top Go down

Re: AFSL update...

Post by Wimal Modawansa on Fri Mar 17, 2017 7:14 pm

It is reported that AFSL is in deep trouble and the profit for February is only Rs 100,000 and the major share holder Abans Will not subscribe for the rights issue.The share is trading at 23.10 as against the rights price of Rs 25.00.Market is being manipulated and one  share was traded at 28.10 to mislead the investors.
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 update...

Post by fortuneteller on Sat Mar 18, 2017 10:43 am

A Consultant by the name of Eric Rajendra too quoted that Abans PLC (Parent Company)  is in the verge of collapse due to their investment on mixed development  "Colombo City Centre project"where the investment has increased and delays in completion .

He also said that the current chairperson is too old over 86 years and the Managing Director is also a sick person.With no succession plan and weak top management and the group not generating Cash flow,they will not take up the right issue shares of Abans Finance PLC.

Profit of Abans Finance PLC for the month of February is only Rs 100,000/=

Abans Finance PLC is also reported to be manipulating the profits.The share is trading at 23.10 as against the rights issue price of 25.00.

number of false trades of one share each is being traded to artificially push the share price.


Last edited by fortuneteller on Sat Mar 18, 2017 10:54 am; edited 1 time in total (Reason for editing : to provide accurate info)
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 update...

Post by Top Trader on Sun Mar 19, 2017 10:05 pm

@Wimal Modawansa wrote:It is reported that AFSL is in deep trouble and the profit for February is only Rs 100,000 and the major share holder Abans Will not subscribe for the rights issue.The share is trading at 23.10 as against the rights price of Rs 25.00.Market is being manipulated and one  share was traded at 28.10 to mislead the investors.

From where u got this 100,000/= profit detail?

Top Trader
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Posts : 375
Equity Stars : 2714
Reputation : 16
Join date : 2014-03-06

Back to top Go down

Re: AFSL update...

Post by Wimal Modawansa on Mon Mar 20, 2017 2:53 pm

It should read as Hugh loss position adjusted to near zero profit and not Rs 100,000/= profit.
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 update...

Post by Wimal Modawansa on Mon Mar 20, 2017 3:19 pm

"Fortune teller Commented"- A Consultant by the name of Eric Rajendra too quoted that Abans PLC (Parent Company)  is in the verge of collapse due to their investment on mixed development  "Colombo City Centre project"where the investment has increased and delays in completion .

He also said that the current chairperson is too old over 86 years and the Managing Director is also a sick person.With no succession plan and weak top management and the group not generating Cash flow,they will not take up the right issue shares of Abans Finance PLC.

Profit of Abans Finance PLC for the month of February was near "Zero" after adjusting the Hugh loss figure.

Abans Finance PLC is also reported to be manipulating the profits.The share is trading at 23.10 as against the rights issue price of 25.00.

number of false trades of one share each is being traded to artificially push the share price.
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 update...

Post by Wimal Modawansa on Wed Mar 22, 2017 8:49 am

Not only profits are manipulated, When the share is trading at 23.80 fraudulent transactions of one share each is traded at high price of 25.80 to mislead the investors.
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 update...

Post by onenine87 on Fri Mar 24, 2017 10:25 pm

@fortuneteller wrote:A Consultant by the name of Eric Rajendra too quoted that Abans PLC (Parent Company)  is in the verge of collapse due to their investment on mixed development  "Colombo City Centre project"where the investment has increased and delays in completion .

He also said that the current chairperson is too old over 86 years and the Managing Director is also a sick person.With no succession plan and weak top management and the group not generating Cash flow,they will not take up the right issue shares of Abans Finance PLC.

Profit of Abans Finance PLC for the month of February is only Rs 100,000/=

Abans Finance PLC is also reported to be manipulating the profits.The share is trading at 23.10 as against the rights issue price of 25.00.

number of false trades of one share each is being traded to artificially push the share price.

@fortuneteller

You are 100% correct sir.. Abans Plc is going to give up the rights and also planing to sell shares got from the previous right issue.

onenine87
Equity Analytic
Equity Analytic

Posts : 21
Equity Stars : 784
Reputation : 0
Join date : 2015-07-23
Location : Colombo

Back to top Go down

Page 1 of 3 1, 2, 3  Next

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 92 users online :: 4 Registered, 1 Hidden and 87 Guests

Harry82, Namal, sameboy, TARGET

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.