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

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» Amibroker database
by Sonny Bill Today at 10:18 am

» KAPI -MTD WALKERS - MALAYASIAN FIRM TO TAKE CONTROL @40 A SHARE
by Miss-Sangeetha Today at 9:42 am

» Financial Reports Q-4 2018
by sikka89 Today at 7:13 am

» Weekly Stock Market Roundup
by Insights Equity Today at 6:07 am

» SFL.P Going to hit 10 Dr.Sentavil Also Bought above 12
by NP Today at 12:51 am

» CROSSINGS TODAY
by sikka89 Yesterday at 10:10 pm

» DIVIDEND ANNOUNCEMENTS- JAN/MARCH 2019
by sikka89 Yesterday at 10:07 pm

» Collect AAIC to win within six months
by wisdom79 Yesterday at 9:27 pm

» ANILANA HOTEL
by wisdom79 Yesterday at 9:21 pm

» Four more banks obtain enjoining orders against KAPI (MTD Walkers)
by Miss-Sangeetha Yesterday at 8:00 pm

» MTD Walkers (KAPI) face liquidation as Hayleys Group firm files winding up petition
by Miss-Sangeetha Yesterday at 7:57 pm

» Daily Stock Market Update
by Insights Equity Yesterday at 5:33 pm

» INSURANCE bubble finally bursting!
by nosf766 Yesterday at 12:46 pm

» CASH RICH REXP
by nishjaya Yesterday at 9:57 am

» Deal Waligama Property to be sell EAST Interesting
by soileconomy Yesterday at 8:13 am

» ACL PERFORMANCE
by Yahapalanaya Yesterday at 7:42 am

» CDB PERFORMANCE
by Yahapalanaya Yesterday at 7:29 am

» LGL LGL LGL LGL
by dmtmadusanka Yesterday at 6:22 am

» MTD WALKERS PLC
by sikka89 Thu Feb 14, 2019 11:15 pm

» Daily Foreign Transactions
by sikka89 Thu Feb 14, 2019 10:31 pm

» CTCE CTCE CTCE CTCE
by roshan1039 Thu Feb 14, 2019 5:31 pm

» Exit KAPI today
by karuna2 Thu Feb 14, 2019 11:17 am

» Sleeping giants-
by anges Wed Feb 13, 2019 11:52 pm

» HEXP hidden gem share
by anges Wed Feb 13, 2019 11:49 pm

» EAST INTERESTING DAYS AHEAD 25+
by NCC Wed Feb 13, 2019 12:30 pm

» why MFL is collecting ?
by suku502 Wed Feb 13, 2019 12:24 pm

» Whats going on with KAPI
by NP Wed Feb 13, 2019 9:43 am

» __________Bank Instrument & Investment Lease And Sales for Global Investments & Financing____
by sakchai Wed Feb 13, 2019 2:27 am

» DIAL is it best to buy
by TuTanKaman Tue Feb 12, 2019 2:34 pm

» Brokers බොරු කියන්නේ
by karuna2 Tue Feb 12, 2019 9:20 am

» BFN 15.60 - 16 - 16.5 මිලට වැටෙන්නේ ඇයි
by karuna2 Tue Feb 12, 2019 9:19 am

» NP HOW ABOUT MBSL CHART
by sanjulanka Tue Feb 12, 2019 7:17 am

» GENUINE BANK GUARANTEE (BG) AND STANDBY LETTER OF CREDIT (SBLC) FOR LEASE AT THE LOWEST RATES AVAILABLE.OTHER FINANCIAL INSTRUMENTS SUCH AS MTN, CD, DLC, PB ARE ALSO AVAILABLE..............
by sakchai Tue Feb 12, 2019 4:21 am

» Financial bank instruments for Lease and sale for trade and project funding
by sakchai Tue Feb 12, 2019 4:20 am

» CTCE ලාභාංශ පුරොකතනය.
by dmtmadusanka Tue Feb 12, 2019 12:01 am

» undervalued stock
by worthiness Mon Feb 11, 2019 2:13 pm

» Malwatte Valley Plantations PLC
by Rookantha Mon Feb 11, 2019 12:56 pm

» Malwatte Plantation
by Rookantha Mon Feb 11, 2019 12:09 pm

» MALWATTE PLANTATIONS GOOD RESULTS
by Rookantha Mon Feb 11, 2019 12:09 pm

» Malwatte Valley Plantations PLC
by Rookantha Mon Feb 11, 2019 12:09 pm

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » KAPI - Investigations about loans

KAPI - Investigations about loans

Go down  Message [Page 1 of 1]

1 KAPI - Investigations about loans on Sun Aug 12, 2018 6:50 pm

Maharaja


Manager - Equity Analytics
Manager - Equity Analytics
https://www.newsfirst.lk/2018/08/02/peoples-bank-grants-10bn-loan-for-board-member/amp/

https://www.newsfirst.lk/2018/08/12/kabir-calls-for-an-inquiry-into-10bn-loan/

Video 

https://www.newsfirst.lk/2018/08/11/politicos-the-infamous-peoples-bank-loan-of-10-bn/

former c.bank member raising allegations about KAPI borrowings from people's bank. Also he raised the issue that KAPI had borrowed sometimes 4 times the value of mortgages. 

1.) public allegation and investigation into KAPI is not good for the share price as investors loose confidence

2.) If investigated, what will happen to the big loans granted ? 

3.) if KAPI easily borrowed from people's bank currently, in the future it will be difficult to get loans due to ongoing investigation.

4.) if it's true that KAPI borrowed 4 times the mortgage value then borrowing ratios are worse for financial reports. 


Watch for the above points closely 



Maharaja.

2 Re: KAPI - Investigations about loans on Sun Aug 12, 2018 9:50 pm

Maharaja


Manager - Equity Analytics
Manager - Equity Analytics
2.) If investigated, what will happen to the big loans granted ? 




" Responding to a journalist, Min. Kabir Hashim said if a loan has been given in a corrupt manner, the officials must be held responsible. He further stated that action must be taken to recover the money and the country should not suffer losses. He went on noting that therefore there should be a proper inquiry done and legal action should be taken."




Maharaja

3 Re: KAPI - Investigations about loans on Mon Aug 13, 2018 12:51 pm

DS Wijesinghe


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Jehan P Ameratunga serves as the Chairman of PEOPLES INSURANCE(PINS) as well. Ever since the resignation of Mr. DP Kumarage as CEO from Peoples Insurance and appointment of Mr. Deepal Abeysekera as the new CEO, PROFITS @ PINS HAS BEEN DECLINING.

4 Re: KAPI - Investigations about loans on Mon Aug 13, 2018 12:55 pm

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Maharaja wrote:2.) If investigated, what will happen to the big loans granted ? 




" Responding to a journalist, Min. Kabir Hashim said if a loan has been given in a corrupt manner, the officials must be held responsible. He further stated that action must be taken to recover the money and the country should not suffer losses. He went on noting that therefore there should be a proper inquiry done and legal action should be taken."




Maharaja
KETTLE CALLING FOR ACTION AGAINST THE POT. Ha Ha Haa!!!

5 Re: KAPI - Investigations about loans on Mon Aug 13, 2018 9:29 pm

Maharaja


Manager - Equity Analytics
Manager - Equity Analytics
This was a great share once upon a time. 

Worst time for a investigation with terrible market condition.


Maharaja

6 Re: KAPI - Investigations about loans on Thu Aug 16, 2018 12:13 am

Maharaja


Manager - Equity Analytics
Manager - Equity Analytics
Sirasa news is promoting this big investigation.
Even today they showed in news.

Pls stay away from this share. 


Maharaja

7 Re: KAPI - Investigations about loans on Thu Aug 16, 2018 10:33 am

Maharaja


Manager - Equity Analytics
Manager - Equity Analytics

8 Re: KAPI - Investigations about loans on Tue Aug 21, 2018 9:50 am

Maharaja


Manager - Equity Analytics
Manager - Equity Analytics
http://www.ceylontoday.lk/site-api/uploads/e_paper/19-08-2018-ft.pdf


Directors resigning is not a good sign


Maharaja

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum