LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000)

RPPA · **526** Re: LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Mon Dec 01, 2014 10:01 am

RPPA

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piras wrote:Please advise me,
Now it is Rs 9.
What will happen if I buy now and keep it?

Don't read the heading of this post. Shocked

piras · **527** Re: LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Mon Dec 01, 2014 10:18 am

piras

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RPPA wrote:

piras wrote:Please advise me,
Now it is Rs 9.
What will happen if I buy now and keep it?

Don't read the heading of this post.

RPPA,

I didn't get you please..

glad · **528** Re: LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Mon Dec 01, 2014 10:21 am

glad

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If they are going to buy NIFL at 9.70 why people are selling at 9.00???? Any catch????

RPPA · **529** Re: LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Mon Dec 01, 2014 10:29 am

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piras wrote:

RPPA wrote:

piras wrote:Please advise me,
Now it is Rs 9.
What will happen if I buy now and keep it?

Don't read the heading of this post.

RPPA,

I didn't get you please..

NIFL will not trade after 09/12/2014 as per a company announcement.

Nuwan Samarawickrama · **530** Re: LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Mon Dec 01, 2014 10:41 am

Nuwan Samarawickrama

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RPPA

This is very unfair....!!!

Api salli deela gaththata mewa ape shares newei wagene....!!! eka ekkenata ona widiyata balen ganna puluwanda ehema...!!!

09.70 api denna akamathi nam apita wena option ekak nadda ???

What is the legal background of this ???

RPPA · **531** Re: LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Mon Dec 01, 2014 10:44 am

RPPA

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Nuwan Samarawickrama wrote:RPPA

This is very unfair....!!!

Api salli deela gaththata mewa ape shares newei wagene....!!! eka ekkenata ona widiyata balen ganna puluwanda ehema...!!!

09.70 api denna akamathi nam apita wena option ekak nadda ???

What is the legal background of this ???

Yes. For me too.

That is the only speculative counter i had in my portfolio. 25% loss from that. LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) - Page 22 Icon_cry

This is a good lesson for all. Hereafter don't buy any finance company share (CFL,CALF,TFIL,GSF,ARPI) which is been acquired by another under the new Act of consolidation of finance companies. LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) - Page 22 Icon_mad

Once they acquired 90% they say companies Act allows them to acquire the rest at the offer price.

Nuwan Samarawickrama · **532** Re: LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Mon Dec 01, 2014 10:47 am

Nuwan Samarawickrama

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What about ODEL ????

piras · **533** Re: LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Mon Dec 01, 2014 10:50 am

piras

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RPPA wrote:

piras wrote:

RPPA wrote:

piras wrote:Please advise me,
Now it is Rs 9.
What will happen if I buy now and keep it?

Don't read the heading of this post.

RPPA,

I didn't get you please..

NIFL will not trade after 09/12/2014 as per a company announcement.

True and accepted.
What I'm telling is if it'll not trade after December 9th and they will pay Rs 9.70 per share at the end, why we should worry about buying at Rs 9?

RPPA · **534** Re: LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Mon Dec 01, 2014 10:52 am

RPPA

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Nuwan Samarawickrama wrote:What about ODEL ????

I bought @ 22.50 & 23.50

nishantha041 · **535** Re: LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Mon Dec 01, 2014 2:07 pm

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piras wrote:

RPPA wrote:

piras wrote:

RPPA wrote:

piras wrote:Please advise me,
Now it is Rs 9.
What will happen if I buy now and keep it?

Don't read the heading of this post.

RPPA,

I didn't get you please..

NIFL will not trade after 09/12/2014 as per a company announcement.

True and accepted.
What I'm telling is if it'll not trade after December 9th and they will pay Rs 9.70 per share at the end, why we should worry about buying at Rs 9?

Hi,
I too feel you are correct. But why people are selling below 9.7? I'm confused.

Thanks.

NZ BOY · **536** Re: LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Mon Dec 01, 2014 3:05 pm

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I sold My NIFL with a Huge lost what to do

Sad

Dhehan · **537** Re: LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Mon Dec 01, 2014 3:24 pm

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Hi,
I too feel you are correct. But why people are selling below 9.7? I'm confused.

Thanks.[/quote]

Expert pls comment...

NZ BOY · **538** Re: LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Mon Dec 01, 2014 3:30 pm

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Dhehan wrote:
Hi,
I too feel you are correct. But why people are selling below 9.7? I'm confused.

Thanks.

Expert pls comment...[/quote]

Credit clearing and they will pay that amount with in 30 days thats the issue

Dhehan · **539** Re: LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Mon Dec 01, 2014 3:33 pm

Dhehan

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Gainer wrote:NIFL end of trading 9th December

bad news for NIFL share holders

TFIL and NIFL Both are Risky

They will take from your CDS account (NIFL at 9.70)and send the Cheque to home.

http://www.cse.lk/cmt/upload_cse_announcements/3431417173356_.pdf

Will it take long time to get the cheque...?

man123 · **540** Re: LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Mon Dec 01, 2014 3:45 pm

man123

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Dhehan wrote:

Gainer wrote:NIFL end of trading 9th December

bad news for NIFL share holders

TFIL and NIFL Both are Risky

They will take from your CDS account (NIFL at 9.70)and send the Cheque to home.

http://www.cse.lk/cmt/upload_cse_announcements/3431417173356_.pdf

Will it take long time to get the cheque...?

if your account are in credit then brokers sell your other stocks because your PF suddenly drop by amount= Qty* NIFL value of 9.20 today .

so very carefull if you are in credit.
otherwise may pay within 28 days

better to sell in the market and buy some stock make money within 28 days. market go up sharply within 28 days

Eg: if you sell NIFL 9.20 buy SIRA under 3.30 easy to cover your loss or find another stock which will go up quick

AGST.
TJL
GREG.N
CSEC
GLAS
SCAP
VPEL
Etc.......

Dhehan · **541** Re: LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Mon Dec 01, 2014 4:04 pm

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Noted with thanks

Padonrup · **542** Re: LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Mon Dec 01, 2014 4:06 pm

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I did the same. I sold both NIFL and TFIL below mandotory offer price as I was on credit to my mximum limit. I lost around 300k from NIFL and 70k from TFIL and bought AAF @ 1.8 (now trading 2.1). Let's see.

sach9993 · **543** Re: LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Wed Dec 03, 2014 3:43 pm

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me welawe 9.2 t pahalin nifl gatta nam podi vasiyak thiyenw

sach9993 · **544** Re: LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Wed Dec 03, 2014 6:38 pm

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meka 9.2 n ho ita pahalin buy karot hond wei.mokad mandy offer eka 9.7 gane denat puluwan.me wage low prise ekakin gaththoth mandy offer eken passe 9.7 t wada up wenn chance ekak thiyenw kiyali mat hithenne..GSF ,TIFL. gana tikak hithal balann..

sach9993 · **545** Re: LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Wed Dec 03, 2014 6:47 pm

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SDB,CLC..good to buy

sach9993 · **546** Re: LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Wed Dec 03, 2014 6:53 pm

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NIFL man 9.2n buy kara ,podi pramanyak..mat 9.7 ganne mandy eken denn puluwan.eth anivaryenm diya yuthu d

RPPA · **547** Re: LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Wed Dec 03, 2014 7:12 pm

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sach9993 wrote:NIFL man 9.2n buy kara ,podi pramanyak..mat 9.7 ganne mandy eken denn puluwan.eth anivaryenm diya yuthu d

Sach meka 9.20 ta gaththoth salli hara wenawa days 10k wath. Maka allanna epa. Shocked

Invest in other good stock. You can earn more in those 10 days. Very Happy

sach9993 · **548** Re: LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Wed Dec 03, 2014 7:17 pm

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ethakot man gatta shers 500t meyala gevimk karan naththd yalu?broker kiwwane 9.7 gane cheq ekak ewai kiyal mat

sach9993 · **549** Re: LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Wed Dec 03, 2014 7:23 pm

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thanks RPPA and NZ BOY

RPPA · **550** Re: LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Wed Dec 03, 2014 7:32 pm

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sach9993 wrote:ethakot man gatta shers 500t meyala gevimk karan naththd yalu?broker kiwwane 9.7 gane cheq ekak ewai kiyal mat

Yes. They will send bit for processing it will take time.For Chq realisation it will take more time.

As you are a trader in this market you can earn more. Isn't it. Very Happy

shane001 · **551** Re: LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Wed Dec 03, 2014 7:39 pm

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I got information from my broker that they will offer shares from another company.

indi009 · **552** Re: LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Wed Dec 03, 2014 8:01 pm

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RPPA will you pls be kind enough to suggest a share to recover the lost from NIFL?? I was not able to sell it at Rs.9.70. But since it's taking so much time to get the cheque from CLC I think it's better to sell at current price.

What do you think????

sach9993 · **553** Re: LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Wed Dec 03, 2014 8:21 pm

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hmm...RPPA thanks..man try ekak denw Rs 9.3t wth mage shares 500 denn.bari unot 9.2tm denw

RPPA · **554** Re: LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Wed Dec 03, 2014 10:18 pm

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indi009 wrote:RPPA will you pls be kind enough to suggest a share to recover the lost from NIFL?? I was not able to sell it at Rs.9.70. But since it's taking so much time to get the cheque from CLC I think it's better to sell at current price.

What do you think????

Yes i sold it @ 9.20:cry: yesterday. Tell how much of cash you would realise.Buy LGL@ 40.50 & PABC @ 24/-.

indi009 · **555** Re: LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000) Wed Dec 03, 2014 11:07 pm

indi009

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RPPA wrote:

indi009 wrote:RPPA will you pls be kind enough to suggest a share to recover the lost from NIFL?? I was not able to sell it at Rs.9.70. But since it's taking so much time to get the cheque from CLC I think it's better to sell at current price.

What do you think????

Yes i sold it @ 9.20:cry: yesterday. Tell how much of cash you would realise.Buy LGL@ 40.50 & PABC @ 24/-.

ARE u sure these are short term shares????

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LOLC DEVELOPMENT FINANCE PLC (NIFL.N0000)

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