SFIN NET ASSETS per share 12.61 can merge above 25 keep on eye next hidden gem is SFIN

NZ BOY

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SFIN NET ASSETS per share 12.61 can merge above 25/= keep on eye next hidden gem is SFIN

nemesis

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could you clarify that bit,what do you mean by above 25

Harry82

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SFIN NET ASSETS per share 12.61 can merge above 25/= keep on eye next hidden gem is SFIN.

Then
VFINNET ASSETS per share 28.42
can merge above 57/= keep on eye next hidden gem is VFIN???
sunny

NZ BOY

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Harry82 wrote:SFIN NET ASSETS per share 12.61 can merge above 25/= keep on eye next hidden gem is SFIN.

Then
VFINNET ASSETS per share 28.42
can merge above 57/= keep on eye next hidden gem is VFIN???

can vfin@60

indi009

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NZ BOY wrote:SFIN NET ASSETS per share 12.61 can merge above 25/= keep on eye next hidden gem is SFIN

Hey NZ Boy

What makes you say that SFIN can merge above 25/-?? scratch

With what company?? Suspect

NZ BOY

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wait and see Very Happy

mark

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SFL nav is 150 and it can merge at 300?

ESL nav is 28 and it can merge at 56?

Nav is not the way to value a company, use CF valuation Smile

NZ BOY

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mark wrote:SFL nav is 150 and it can merge at 300?

ESL nav is 28 and it can merge at 56?

Nav is not the way to value a company, use CF valuation

let see mark

EWML

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mark wrote:SFL nav is 150 and it can merge at 300?

ESL nav is 28 and it can merge at 56?

Nav is not the way to value a company, use CF valuation

why ESL need to merge? it's not a finance company.

Harry82

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then
ORIENT FINANCE

indi009

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Harry82 wrote:then
ORIENT FINANCE

Well I don't think SFIN will merge with ORIN, because,

NAV
SFIN 12.61 ORIN 7.6

EPS
SFIN 0.42 ORIN 0.16

Profit
SFIN 70Mn ORIN 18MN

even if the 2 companies agreed to merge, then there will be more issues to address before that.............

Runnerx

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Look at COCR.N0000
Nav near to 12, eps 6, profit is upto 1 bilion

indi009

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Runnerx wrote:Look at COCR.N0000
Nav near to 12, eps 6, profit is upto 1 bilion

so what u mean is that, there is a possibility that SFIN merge with COCR

Runnerx

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No, it can or cannot. I am only taking about the sustanability of the company.
After the right issue of sfin, there was lot of shars in the public. Hard to go up. That is also same for lot of finance companies such as, lofc, clc, etc.
Sfin profit is comparatively not good.
Follow, COCR, LFIN, CFIN..... . .

Runnerx

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Esl merge already merge with multi finance.

indi009

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Runnerx wrote:No, it can or cannot. I am only taking about the sustanability of the company.
After the right issue of sfin, there was lot of shars in the public. Hard to go up. That is also same for lot of finance companies such as, lofc, clc, etc.
Sfin profit is comparatively not good.
Follow, COCR, LFIN, CFIN..... . .

what do you mean??? SFIN has only 165MN shares but COCR has more than 286MN shares in the market

Runnerx

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Not the issue quantity. Look the selling of share. There was lot of selling in the sfin than other finance share.
Need to come big hand hand collect shares of sfin. This share is good and can merge with good company. Also they provide divident.

EWML

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Runnerx wrote:Esl merge already merge with multi finance.

MFL is a licensed finance company and ESL is a licensed primary dealer. There won't be a requirement to merge each other and CBSL will never allow any merger with a company deals with government securities to a subprime finance house.

worthiness

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In May, Fitch ratings had downgraded SFIN by one level to BBB because of parent company's (Singer PLC) decreasing ability to support SFIN.

Runnerx

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ESL and MFL did their merging through the giving their shars to mother company. It was happend in before to two months. Ple refer it.

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SFIN NET ASSETS per share 12.61 can merge above 25 keep on eye next hidden gem is SFIN

1 SFIN NET ASSETS per share 12.61 can merge above 25 keep on eye next hidden gem is SFIN Mon Jul 07, 2014 12:32 pm

NZ BOY

2 Re: SFIN NET ASSETS per share 12.61 can merge above 25 keep on eye next hidden gem is SFIN Mon Jul 07, 2014 3:08 pm

nemesis

3 Re: SFIN NET ASSETS per share 12.61 can merge above 25 keep on eye next hidden gem is SFIN Mon Jul 07, 2014 3:12 pm

Harry82

4 Re: SFIN NET ASSETS per share 12.61 can merge above 25 keep on eye next hidden gem is SFIN Mon Jul 07, 2014 11:10 pm

NZ BOY

5 Re: SFIN NET ASSETS per share 12.61 can merge above 25 keep on eye next hidden gem is SFIN Sun Aug 03, 2014 12:02 pm

indi009

6 Re: SFIN NET ASSETS per share 12.61 can merge above 25 keep on eye next hidden gem is SFIN Sun Aug 03, 2014 12:31 pm

NZ BOY

7 Re: SFIN NET ASSETS per share 12.61 can merge above 25 keep on eye next hidden gem is SFIN Sun Aug 03, 2014 1:23 pm

mark

8 Re: SFIN NET ASSETS per share 12.61 can merge above 25 keep on eye next hidden gem is SFIN Sun Aug 03, 2014 2:36 pm

NZ BOY

9 Re: SFIN NET ASSETS per share 12.61 can merge above 25 keep on eye next hidden gem is SFIN Sun Aug 03, 2014 4:23 pm

EWML

10 Re: SFIN NET ASSETS per share 12.61 can merge above 25 keep on eye next hidden gem is SFIN Sun Aug 03, 2014 4:48 pm

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11 Re: SFIN NET ASSETS per share 12.61 can merge above 25 keep on eye next hidden gem is SFIN Sun Aug 03, 2014 6:17 pm

indi009

12 Re: SFIN NET ASSETS per share 12.61 can merge above 25 keep on eye next hidden gem is SFIN Sun Aug 03, 2014 7:48 pm

Runnerx

13 Re: SFIN NET ASSETS per share 12.61 can merge above 25 keep on eye next hidden gem is SFIN Sun Aug 03, 2014 8:09 pm

indi009

14 Re: SFIN NET ASSETS per share 12.61 can merge above 25 keep on eye next hidden gem is SFIN Sun Aug 03, 2014 8:40 pm

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15 Re: SFIN NET ASSETS per share 12.61 can merge above 25 keep on eye next hidden gem is SFIN Sun Aug 03, 2014 8:43 pm

Runnerx

16 Re: SFIN NET ASSETS per share 12.61 can merge above 25 keep on eye next hidden gem is SFIN Sun Aug 03, 2014 9:33 pm

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17 Re: SFIN NET ASSETS per share 12.61 can merge above 25 keep on eye next hidden gem is SFIN Sun Aug 03, 2014 9:39 pm

Runnerx

18 Re: SFIN NET ASSETS per share 12.61 can merge above 25 keep on eye next hidden gem is SFIN Sun Aug 03, 2014 10:17 pm

EWML

19 Re: SFIN NET ASSETS per share 12.61 can merge above 25 keep on eye next hidden gem is SFIN Sun Aug 03, 2014 10:22 pm

worthiness

20 Re: SFIN NET ASSETS per share 12.61 can merge above 25 keep on eye next hidden gem is SFIN Sun Aug 03, 2014 11:31 pm

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