TFC running again?

nimantha80 · 1 TFC running again? Thu Mar 27, 2014 11:20 am

nimantha80

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TFC volumes up so as share price,Merge news???

VALUEPICK · 2 Re: TFC running again? Thu Mar 27, 2014 11:27 am

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When bull start many stocks will run.............................

viper123 · 3 Re: TFC running again? Thu Mar 27, 2014 1:00 pm

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TFC.x is more valuable hoping 8+

nimantha80 · 4 Re: TFC running again? Thu Mar 27, 2014 1:22 pm

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buyers appearing at 6,someone comment before it's too late,Really tempting now.Should I get in?

SHARK aka TAH · 5 Re: TFC running again? Thu Mar 27, 2014 1:55 pm

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VALUEPICK wrote:When bull start many stocks will run.............................

6000+ buy tomorrow Smile

Aubrey Perera · 6 Re: TFC running again? Thu Mar 27, 2014 1:58 pm

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I took my positions sometime back waiting for bull to begin. lets see how long this will last. GL.

daminda · 7 Re: TFC running again? Thu Mar 27, 2014 6:35 pm

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What is the upper cap of TFC X? Is it Rs 12/= or 20/= ? Remember this share was issued at Rs20/= at the time of conversion of deposits to TFC X shares

NZ BOY · 8 Re: TFC running again? Fri Mar 28, 2014 12:28 am

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I really love with TFC.X bcz i made a huge profit earlier run bought @5 sold @ 8.50 but .this run can hit @10 level.i bought tfc.x 300000 shares @ 5.60 Level and i sold 6-6.10 level nw i hv only 25000 shares

Aubrey Perera · 9 Re: TFC running again? Fri Mar 28, 2014 3:18 pm

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Yeah TFC gamblers paradise

daminda · 10 Re: TFC running again? Fri Mar 28, 2014 3:52 pm

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Anyway government must save the TFC because it has Rs 20 billion public deposits. So the gambling may be justifiable.

gagamini · 11 Re: TFC running again? Fri Mar 28, 2014 4:39 pm

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daminda wrote:Anyway government must save the TFC because it has Rs 20 billion public deposits. So the gambling may be justifiable.

With CBSL mediation depositors were issued non voting shares at Rs 20/ . Justice should be done to those depositors . In that respect I think TFC X should move further up along with imminent merger that is going to take place sooner or later to save those depositors as well .

daminda · 12 Re: TFC running again? Fri Mar 28, 2014 7:46 pm

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I agree with gagamini because when there is a imminent merger since CBSLmediated finacial sector consolidation is in progress there will be a share swap. So the TFC shareholders will be issued survival entity's shares (?SMIB) at a determined price by a valuer. In case of TFC X shareholders, survival entity's shares should be issued at an exchange price of Rs20/= because they were original depositholders. CBSL has an moral obligation to intervene that.