Who is next to the Crisis

summa · 1 Who is next to the Crisis Wed Sep 11, 2013 6:02 pm

summa

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As I remember,
1. The Finance
2. CIFL

3. What is next???????

Any predictions with reasons please.

m2_yapa · 2 Re: Who is next to the Crisis Thu Sep 12, 2013 9:58 am

m2_yapa

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Next may be COCR

hettdas · 3 Re: Who is next to the Crisis Thu Sep 12, 2013 10:34 am

hettdas

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m2_yapa wrote:Next may be COCR

Can you give reasons

wappula · 4 Re: Who is next to the Crisis Thu Sep 12, 2013 12:34 pm

wappula

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hettdas wrote:

m2_yapa wrote:Next may be COCR

Can you give reasons

uhulaganna bari naya kandarawa

dhanurrox · 5 Re: Who is next to the Crisis Thu Sep 12, 2013 1:58 pm

dhanurrox

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wappula wrote:

hettdas wrote:

m2_yapa wrote:Next may be COCR

Can you give reasons

uhulaganna bari naya kandarawa

How can it be,For some this was a future gem few months ago. Razz

hettdas · 6 Re: Who is next to the Crisis Thu Sep 12, 2013 2:06 pm

hettdas

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wappula wrote:

hettdas wrote:

m2_yapa wrote:Next may be COCR

Can you give reasons

uhulaganna bari naya kandarawa

Not only one finance company having debts. All are having debts. If you look at this year how many debentures issued by Finace sector companies

PLC
SENKADAGALA
MBSL
CFIN
HNB
SAMP
SOFTLOGIC
SINGER
ALLI

wappula · 7 Re: Who is next to the Crisis Thu Sep 12, 2013 3:17 pm

wappula

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[/quote]Not only one finance company having debts. All are having debts. If you look at this year how many debentures issued by Finace sector companies

PLC
SENKADAGALA
MBSL
CFIN
HNB
SAMP
SOFTLOGIC
SINGER
ALLI[/quote]
yes, every finance company trouble now

why? depositors have being losing their faith.

finance company's system= daduwam mudalali's system

Gaudente · 8 Re: Who is next to the Crisis Thu Sep 12, 2013 6:14 pm

Gaudente

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yes, every finance company trouble now

why? depositors have being losing their faith.
[/quote]I wouldn't say so, COCR increased its deposit base 1 billion rupees just in second quarter http://www.cse.lk/cmt/upload_report_file/1063_1376558229018.pdf

m2_yapa · 9 Re: Who is next to the Crisis Thu Sep 12, 2013 8:08 pm

m2_yapa

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I really do not have one reason to say next is that. There are many factors which will lead to bankrupt. If they do not manage/invest their money wisely. Globally many micro finance companies are in trouble.
I only c the farting part if this firm presently. Just like PCH was doing. Basically i am having look about other behavior of a company as many others are following their financials. Also need to clarify who is selling this share at this rate. That is most important part. (it is not becoz of force selling). Have a look at SHL also being sell in same way.

D.G.Dayaratne · 10 Re: Who is next to the Crisis Thu Sep 12, 2013 9:04 pm

D.G.Dayaratne

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I think supervising authority is responsible for this

Who is the Authority?

Is the authority busy with SL Share market rather than
Stabilization of Financial system and economy

Richie · 11 Re: Who is next to the Crisis Fri Sep 13, 2013 9:39 am

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Wish and hope Angelo Mathew will not repeat the mistake done by Sanath Jayasuriya.
There are two reasons for their actions :
1. Totally ignorant about the condition of institutions.
2. Never ending hunger for money and money, money.