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Sri Lanka Equity Forum » Stock Market Talk » ORIENT FINANCE PLC (BFN.000)

ORIENT FINANCE PLC (BFN.000)

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1 ORIENT FINANCE PLC (BFN.000) on Tue Nov 15, 2016 1:38 pm

Lucky Gamage

Lucky Gamage
Manager - Equity Analytics
Manager - Equity Analytics
Price going down day by day..... expert please share your comment on this share....

2 Re: ORIENT FINANCE PLC (BFN.000) on Tue Nov 15, 2016 1:43 pm

Bullrunner7

Bullrunner7
Manager - Equity Analytics
Manager - Equity Analytics
I have the same question about AEL ?

3 Re: ORIENT FINANCE PLC (BFN.000) on Tue Nov 15, 2016 1:51 pm

tkc

tkc
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Its kind of new industry P/E setting up for financial industry. If you carefully investigate, all financial institutions are coming down to P/E 10. I think this is the reason for BFN downturn. 

But AEL : It will have a good future with boom in construction. Lanka securities and most of firms are confident on AEL.N. Anway , any market in any art of the world will go down in November and December. So, I don't see any quick recovery till Feb 2017.

4 Re: ORIENT FINANCE PLC (BFN.000) on Tue Nov 15, 2016 3:13 pm

Lucky Gamage

Lucky Gamage
Manager - Equity Analytics
Manager - Equity Analytics
Thanks, Is it worth to buy at this price ??? what could be the expecting price in Feb '17...

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