CFIL - New Board

Gaja · 1 CFIL - New Board Fri May 10, 2013 4:59 pm

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http://www.cse.lk/cmt/upload_cse_announcements/7421368183956_.pdf

Janaka Gunathilake · 2 CIFL - Change in Directorate Fri May 10, 2013 5:01 pm

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Management change is ok now. Can we hope the price up ?

http://www.cse.lk/cmt/uploadAnnounceFiles/7721368183998_1083.pdf

Slstock · 3 Re: CFIL - New Board Fri May 10, 2013 5:07 pm

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If someone is worried about TWOD then they won't be happy with Maloney's managing CIFL.

But for share price anythign can happen,

Maloney coming in no news to me. I would like to see the plan they have first.

troy · 4 Re: CFIL - New Board Fri May 10, 2013 5:14 pm

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what a poor company. See the letterhead. who are their board? shows their quality of work Embarassed

Jana · 5 Re: CFIL - New Board Fri May 10, 2013 5:33 pm

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damn sure CIFL will pick up.. Monday morning we can see the difference...
may be it can be come down but it will run...

I thing I can do some trading with this .. Already I bought and have some @ 2.50 and 2.60... so I will win..with this Very Happy

Slstock · 6 Re: CFIL - New Board Fri May 10, 2013 5:40 pm

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Jana, do you still have your share from Rs 4-5. Hope your sold with the down trend or your average is closer to trading price.

Jana wrote:damn sure CIFL will pick up.. Monday morning we can see the difference...
may be it can be come down but it will run...

I thing I can do some trading with this .. Already I bought and have some @ 2.50 and 2.60... so I will win..with this

Jana · 7 Re: CFIL - New Board Fri May 10, 2013 5:46 pm

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slstock wrote:Jana, do you still have your share from Rs 4-5. Hope your sold with the down trend or your average is closer to trading price.

Jana wrote:damn sure CIFL will pick up.. Monday morning we can see the difference...
may be it can be come down but it will run...

I thing I can do some trading with this .. Already I bought and have some @ 2.50 and 2.60... so I will win..with this

I Average it ..now my cost 3.17.. hopefully I can sell without loss..

Market.Player · 8 Re: CFIL - New Board Fri May 10, 2013 6:34 pm

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Mr.Maloney appoint as chairman means, he is going to pump money to cifl. These days he is selling his twod shares massively via Taprobane . I also thinking cifl can give 100 percent return very soon.some times it can be 300 percent return. For the purchase a new finance licence from cb need 200 mn. Now cifl value is 218 mn. This price is worth massively.

Jana1 · 9 Re: CFIL - New Board Fri May 10, 2013 6:56 pm

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troy wrote:what a poor company. See the letterhead. who are their board? shows their quality of work

I think due to faxing issue...

Arena · 10 Re: CFIL - New Board Fri May 10, 2013 7:18 pm

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I think CIFL cannot issue new shares with out a special resolution.
So how a new investor pump capital with out diluting the ownership.
There will be a special meeting announcement or these fellows will make a huge fixed deposit at a lower interest rate to recover from the liquidity crisis.

Is there any other method ?
I dont think

smallville · 11 Re: CFIL - New Board Fri May 10, 2013 7:26 pm

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troy wrote:what a poor company. See the letterhead. who are their board? shows their quality of work

Letterhead say "Strength and integrity since 1966" do they have it now? Laughing

However, this news may lift the share a bit.. Somebody dumped around 13 million shares last time and hope Maloney had picked those up. If its our retailers, then its a retail rally we can expect.

Lets see how this goes on Monday. Didn't fall below 2.50 but at 2.50-2.60 some collection was witnessed.. Or was it a dumping? Question

Jana · 12 Re: CFIL - New Board Fri May 10, 2013 7:44 pm

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Market.Player wrote:Mr.Maloney appoint as chairman means, he is going to pump money to cifl. These days he is selling his twod shares massively via Taprobane . I also thinking cifl can give 100 percent return very soon.some times it can be 300 percent return. For the purchase a new finance licence from cb need 200 mn. Now cifl value is 218 mn. This price is worth massively.

He sold more than 20 million TWOD on that day so he can buy double of CIFL .. I thing already collection done.. now they announced ...

hopefully we couldn't see that much of selling pressure of CIFL ..So it will go further up. Very Happy

anu · 13 Re: CFIL - New Board Fri May 10, 2013 8:11 pm

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No doubt that this is a confidence booster for both TWOD and CIFL. So both stocks should fare well in coming days.

Aspic corporation, the holding co. of CIFL is not listed. As per the declaration, Meloneys have bought over the holding company too. More than one third of assets of CIFL lies with their flagship project, the Maharagama housing project. So in addition to the capital infusion, the success of the housing project is important for CIFL's performance in the near future.

Overall, short term traders are likely to smile... Laughing

sureshot · 14 Re: CFIL - New Board Fri May 10, 2013 8:13 pm

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troy wrote:what a poor company. See the letterhead. who are their board? shows their quality of work

hope molony will change it too....... Very Happy

Market.Player · 15 Re: CFIL - New Board Fri May 10, 2013 8:18 pm

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Yes. Small. 13 mn share traded between 2.60 to 2.90 with in 0.30 cents. This means someone has droped & otherparty collected with a agreed range. After that each day 2mn around shares collected at 2.60. In my line at least 8-10 mn traded at 2.60. This has not fallen below 2.50. I think now 20 mn around shares traded at this 2.60 level. Cifl total issued qty is 66 mn. So this mean can not come down further below 2.3 or 2.50 level. News is open now. Can expect up trend soon.

Jana1 · 16 Re: CFIL - New Board Fri May 10, 2013 9:18 pm

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Maloney moves looks so bleak. Someone who created one company internationally then shutdown international business later sold out own company by pump and dump deal.. Now got into another boat which is sinking in the middle of the sea. Share would probably go up..But who will trust him anymore??

NZ BOY · 17 Re: CFIL - New Board Fri May 10, 2013 10:06 pm

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Gd News for CIFL

kalum · 18 Re: CFIL - New Board Sat May 11, 2013 12:00 am

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Market.Player wrote:Mr.Maloney appoint as chairman means, he is going to pump money to cifl. These days he is selling his twod shares massively via Taprobane . I also thinking cifl can give 100 percent return very soon.some times it can be 300 percent return. For the purchase a new finance licence from cb need 200 mn. Now cifl value is 218 mn. This price is worth massively.

sometimes it may not as we see it. my experience say both CIFL and TWOD counters become a play ground for traders.
As CIFL dump and collected, TWOD also dumped and collected.
If market keeps its healthy pathway we could anticipate some opportunities near future.
Anyway i dont have any trust with TWOD Very Happy

snandasiri · 19 Re: CFIL - New Board Sat May 11, 2013 12:16 pm

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I also believe in CIFL. Hope to buy some more if its down to 2.50

hello · 20 Re: CFIL - New Board Sat May 11, 2013 12:19 pm

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snandasiri wrote:I also believe in CIFL. Hope to buy some more if its down to 2.50

"if its down to 2.50 "... !!! ??? Ha haa Haaa Ho ho hooo hooo...ane pow Very Happy

Last edited by hello on Sat May 11, 2013 12:21 pm; edited 1 time in total (Reason for editing : miss word)

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CFIL - New Board

1 CFIL - New Board Fri May 10, 2013 4:59 pm

Gaja

2 CIFL - Change in Directorate Fri May 10, 2013 5:01 pm

Janaka Gunathilake

3 Re: CFIL - New Board Fri May 10, 2013 5:07 pm

Slstock

4 Re: CFIL - New Board Fri May 10, 2013 5:14 pm

troy

5 Re: CFIL - New Board Fri May 10, 2013 5:33 pm

Jana

6 Re: CFIL - New Board Fri May 10, 2013 5:40 pm

Slstock

7 Re: CFIL - New Board Fri May 10, 2013 5:46 pm

Jana

8 Re: CFIL - New Board Fri May 10, 2013 6:34 pm

Market.Player

9 Re: CFIL - New Board Fri May 10, 2013 6:56 pm

Jana1

10 Re: CFIL - New Board Fri May 10, 2013 7:18 pm

Arena

11 Re: CFIL - New Board Fri May 10, 2013 7:26 pm

smallville

12 Re: CFIL - New Board Fri May 10, 2013 7:44 pm

Jana

13 Re: CFIL - New Board Fri May 10, 2013 8:11 pm

anu

14 Re: CFIL - New Board Fri May 10, 2013 8:13 pm

sureshot

15 Re: CFIL - New Board Fri May 10, 2013 8:18 pm

Market.Player

16 Re: CFIL - New Board Fri May 10, 2013 9:18 pm

Jana1

17 Re: CFIL - New Board Fri May 10, 2013 10:06 pm

NZ BOY

18 Re: CFIL - New Board Sat May 11, 2013 12:00 am

kalum

19 Re: CFIL - New Board Sat May 11, 2013 12:16 pm

snandasiri

20 Re: CFIL - New Board Sat May 11, 2013 12:19 pm

hello

21 Re: CFIL - New Board

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