CIFL future?

troy · 1 CIFL future? Tue Mar 26, 2013 4:37 pm

troy

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Guys is a turnaround for this possible?

This seems to be one of the very few finance firms which makes losses during this credit boom. I think lot have burnt their fingers with this.

To my knowledge many of the employees of CIFL subscribed at IPO and they were mainly funded for it by the company itself. have they exited now? or else is there a worried employee contingent to affect the company's performances with their current value of investment.(nearly 75% loss) Further imo a company wont give direct or indirect assistance to its employees to subscribe in an IPO if they new about the crisis ahead and employees who invest will also do it for long term. so, I presume the employees still hold a significant portion.

So will they let this go down day by day?

lets discuss.... Smile

Slstock · 2 Re: CIFL future? Tue Mar 26, 2013 4:41 pm

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Troy,

You raise an important point on employees but if I remember SHL will also have a the same issue. But if this share goes up in price what is the justification ;-)

Only hope is to see restructure or new management .

Btw

you forgot to post public or PM me that link for stock market data.

troy · 3 Re: CIFL future? Tue Mar 26, 2013 5:09 pm

troy

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Slstock, how ocme u remember all those? I purposely forgot it. Anyway the best I know is JBS site. U get all the data.

Back to CIFL... Any pluses u see in it. I feel some thing is coming. may be an announcement about mgt change.
Is there any party interested in CIFL as their finance company arm? (Laugf..) & who is this big seller of CIFL?

how to upload an excel sheet? then i can attached historical prices of cifl.

Slstock · 4 Re: CIFL future? Tue Mar 26, 2013 5:13 pm

Slstock

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Best way it to take an image/.screenshot of excel and post it as a Image.

CIFL : There is so much rumour due it nature but nothing factual so far. Also looking at the top share holders move is good. Is he reducing stake etc. I saw somewhere he posted a comment to an article ( during IPO) saying how upset he was . Need to find that link. I think someone posted it here also.

BTw I remember lot of things haha.

troy wrote:Slstock, how ocme u remember all those? I purposely forgot it. Anyway the best I know is JBS site. U get all the data.

Back to CIFL... Any pluses u see in it. I feel some thing is coming. may be an announcement about mgt change.
Is there any party interested in CIFL as their finance company arm? (Laugf..) & who is this big seller of CIFL?

how to upload an excel sheet? then i can attached historical prices of cifl.

sriranga · 5 Re: CIFL future? Tue Mar 26, 2013 5:31 pm

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CIFL Historical Trade from 18/08/2011 to 31/12/2012
Source: http://www.cse.lk/data_library.do

Dileepa · 6 Re: CIFL future? Tue Mar 26, 2013 7:02 pm

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If you have DFN, you can fetch up to date data to a excel file from this.
http://forum.srilankaequity.com/t24225p50-dfn-data-sniffer#156217

Last edited by Dileepa on Tue Mar 26, 2013 7:05 pm; edited 1 time in total (Reason for editing : grammer)

Jana1 · 7 Re: CIFL future? Tue Mar 26, 2013 8:43 pm

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troy wrote:Guys is a turnaround for this possible?

This seems to be one of the very few finance firms which makes losses during this credit boom. I think lot have burnt their fingers with this.

To my knowledge many of the employees of CIFL subscribed at IPO and they were mainly funded for it by the company itself. have they exited now? or else is there a worried employee contingent to affect the company's performances with their current value of investment.(nearly 75% loss) Further imo a company wont give direct or indirect assistance to its employees to subscribe in an IPO if they new about the crisis ahead and employees who invest will also do it for long term. so, I presume the employees still hold a significant portion.

So will they let this go down day by day?

lets discuss....

I think bit difficult to say.

@Troy:-
Have u seen film naming Troy? It was one of the wonderful movie which depicts ancient Troy kingdom in Greek. Recently, researchers discovered Akalies's skull along with his mask. Hope u selected this name from that movie...

troy · 8 Re: CIFL future? Wed Mar 27, 2013 8:30 am

troy

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Troy... name selected after watching that film... all the ships are broken and nothing else to do. Just fight back.... Focus is on only surviving through fighting. No more options...