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Sri Lanka Equity Forum » Stock Market Talk » Cifl annoncment 2016.09.29

Cifl annoncment 2016.09.29

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1 Cifl annoncment 2016.09.29 on Thu Sep 29, 2016 5:07 pm

Shammi Dharshana

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Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Tomorrow day

2 Re: Cifl annoncment 2016.09.29 on Thu Sep 29, 2016 5:27 pm

omasampath


Stock Analytic
Stock Analytic

3 Re: Cifl annoncment 2016.09.29 on Thu Sep 29, 2016 7:56 pm

sameboy

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Manager - Equity Analytics
Manager - Equity Analytics
mokakda kiyanne meken?

4 Re: Cifl annoncment 2016.09.29 on Fri Sep 30, 2016 9:25 am

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Be attentive please.

The CB has responded indicating that the Monetary Board is empowered under Finance Business Act to ensure that investors would get 100% control in the event of the proposed investment is materialized satisfactorily.”

5 Re: Cifl annoncment 2016.09.29 on Sat Oct 01, 2016 4:58 am

trader7


Manager - Equity Analytics
Manager - Equity Analytics
The deal is not dead, it is possible German investors to come back and finalize the deal in the future.Do not know how long it would take, but I am sure any positive news would make this share surge upwards.
Also, keep in mind it is possible for it to disappear as well.
In that case, the opposite also possible.

6 Re: Cifl annoncment 2016.09.29 on Sat Oct 01, 2016 7:30 am

EquityChamp

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Moderator
CIFL has risen from 1/- in 5th Sep to close at 2/- by 30th September. RSIs at 60s close to upper band of oversold region. The share was trading based on that German news. Now the better option is to see where the share going to stabilize , You might have to wait a week or so and see when the RSI drops to 50s. Buying at that stage would be a low risk trading strategy.

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