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Sri Lanka Equity Forum » Stock Market Talk » MFL (Multi Finance) Going to take over

MFL (Multi Finance) Going to take over

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1 MFL (Multi Finance) Going to take over on Wed Sep 07, 2016 6:15 pm

Gainer

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Associate Director - Equity Analytics
Associate Director - Equity Analytics
MFL (Multi Finance) Going to take over

Multi Finance PLC is close to finalising potential investors to bring in new owners to the company, officials said.  ”We’re doing due diligences for some parties who have showed serious intent to buy this company.” He said that during the past six months many proposals have come and they were evaluated.  ”Among them were intentions to buy this company, part own and manage, etc.  We went through all proposals,” the official said.
He said that a due diligence is nearing completion for real estate and properly developer, Prime Lands which is the forefront to buy Multi Finance.
Prime Lands Group comprises four subsidiaries – Prime Lands (Pvt) Ltd, Prime Homes International (Pvt) Ltd, Prime Grameen Micro Finance Ltd and Living Homes (Pvt) Ltd.  He said that Multi Finance PLC, a new company with a moderate deposit base has attracted some firms that are growing inorganically.

2 Re: MFL (Multi Finance) Going to take over on Thu Sep 08, 2016 12:50 am

Gainer

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Associate Director - Equity Analytics
Associate Director - Equity Analytics
MFL Similar GSF , Both are small share capital GSF trading at 30 Levels  and  MFL also easy to move up 30 levels.

MFL very illiquid stock with this news it can move up new high price.





MFL only 7% Shares in the retailers hand easy to move up cheers cheers cheers

3 Re: MFL (Multi Finance) Going to take over on Thu Sep 08, 2016 9:47 am

Equity Suda


Senior Equity Analytic
Senior Equity Analytic
What is the source?

4 Re: MFL (Multi Finance) Going to take over on Thu Sep 08, 2016 9:49 am

Equity Suda


Senior Equity Analytic
Senior Equity Analytic

5 Re: MFL (Multi Finance) Going to take over on Sun Sep 11, 2016 11:48 am

Gainer

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Associate Director - Equity Analytics
Associate Director - Equity Analytics
MFL minimum target 23.00

6 Re: MFL (Multi Finance) Going to take over on Tue Sep 13, 2016 1:30 am

Teller

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Moderator
One offer got 11 and another one 12.50 levels. So how can it reach 23?

7 Re: MFL (Multi Finance) Going to take over on Wed Sep 28, 2016 11:54 am

Gainer

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Associate Director - Equity Analytics
Associate Director - Equity Analytics
MFL my cost 12.78 Very Happy

8 Re: MFL (Multi Finance) Going to take over on Wed Sep 28, 2016 11:56 am

TARGET


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Gainer wrote:MFL my cost 12.78 Very Happy
ithin apita mokada lol!

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