Again started

Mubin Mustafa · 1 Again started Fri Dec 18, 2015 9:22 pm

Mubin Mustafa

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SFL pump and dump started.please be causious on this kind of promotion.

i dont know where were these promoters when market down.

Shan1039 · 2 Re: Again started Fri Dec 18, 2015 9:42 pm

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Who is this konakapala?

Mubin Mustafa · 3 Re: Again started Fri Dec 18, 2015 9:53 pm

Mubin Mustafa

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I m Mobin Mustafa. please dont cheat the people. for your benifit dont let other people in troble.

Shan1039 · 4 Re: Again started Sat Dec 19, 2015 11:14 am

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I know ur motives dont try to pretend as genuine by critizising others

U do ur part i will do my part brainy people will decide whom to follow and what to do

There are no idiots in the forum

Mubin Mustafa · 5 Re: Again started Mon Dec 21, 2015 9:44 pm

Mubin Mustafa

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hee hee todat slf.p trade volume 1
hee heee

stockback · 6 Re: Again started Mon Dec 21, 2015 9:56 pm

stockback

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Mubin Mustafa wrote:hee hee todat slf.p trade volume 1
hee heee

can you explain why SFL is a CRAP

you saying Pump and Dump

but we need valid reasons. I can see Profit improvement of this stock and good NAV

it has its own trend thats why today less amount trade.

if some one Pump and Dump, then we can see heavy collection this level.

please explain your ideas..

Thank you

Mubin Mustafa · 7 Re: Again started Mon Dec 21, 2015 10:02 pm

Mubin Mustafa

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1 st show me your view of improvement of this stock..dont say go thro financial report.just highlight it..

disclaimer your conflict of interest

stockback · 8 Re: Again started Mon Dec 21, 2015 10:07 pm

stockback

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Mubin Mustafa wrote:1 st show me your view of improvement of this stock..dont say go thro financial report.just highlight it..

disclaimer your conflict of interest

dear you start this conversations.

please explain "why" its a crap.

pump and dump is doing for Craps

please explain.

Yahapalanaya · 9 Re: Again started Mon Dec 21, 2015 10:46 pm

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1. 09-15 09-14

Net Profit 35M 26M

2. 06-15 06-14

Net Profit 20M 17M

Mubin Mustafa · 10 Re: Again started Tue Dec 22, 2015 12:45 am

Mubin Mustafa

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Yahapalanaya wrote:
1. 09-15 09-14

Net Profit 35M 26M

2. 06-15 06-14

Net Profit 20M 17M

haa haa.. is this your analysis ? say from your bottom of your heart you re only looking for net profit and buy stocks??????????

Yahapalanaya · 11 Re: Again started Tue Dec 22, 2015 10:46 am

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Mubin Mustafa wrote:

Yahapalanaya wrote:
1. 09-15 09-14

Net Profit 35M 26M

2. 06-15 06-14

Net Profit 20M 17M

haa haa.. is this your analysis ? say from your bottom of your heart you re only looking for net profit and buy stocks??????????

Is't company increased profit from 2014

Further EPS 2.23 in 09-15 and 1.64 in 09-14

What else you want

Very Happy

Pac-man · 12 Re: Again started Tue Dec 22, 2015 11:12 am

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Yahapalana

Mchn EPS must be divided by 10 neda ?? The last report these guys have done an error for EPS calculation. Subdivision eka amathaka wela

stockback · 13 Re: Again started Tue Dec 22, 2015 11:20 am

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Pac-man wrote:Yahapalana

Mchn EPS must be divided by 10 neda ?? The last report these guys have done an error for EPS calculation. Subdivision eka amathaka wela

Annualized Forward EPS = (35 Millions / 62 Millions) * 4 = Approx 2.25

I hope this quarter also they will improve Profits.

my Target is quarter EPS 80 - 85 Cents

Will See

Yahapalanaya · 14 Re: Again started Tue Dec 22, 2015 11:23 am

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Pac-man wrote:Yahapalana

Mchn EPS must be divided by 10 neda ?? The last report these guys have done an error for EPS calculation. Subdivision eka amathaka wela

Yes You are right.But for comparision purpose( with 2014) we have to keep same.

Chinwi · 15 Re: Again started Tue Dec 22, 2015 12:19 pm

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I have an unresolved question about the performances of SFL.

(edited 2 times)

Segment profits comparison 1st 6 months 2014 and 2015

Segment --- Profit 2014 --- Profit 2015 in millions 1st 6 months
(page 8 Sept report)

Finance Leasing 126 ---- 79
Hire purchases-- 96 ---- 71
Loans ------------ 144 ---- 113
Pawning -----------7 ---- 4
Investment --------15 --- 24

Only Investments sector has shown a progress of 9 million.
All other sectors , profits gone well below last year.

In total, they have gone down in businesses from 2014 to 2015 by 100 million LKR

Somehow, at the bottom line they show an increase of EPS

1.34 (2014) and 1.73 (2015)

There were unallocated losses of 327 million in 2014 and 213 million in 2015. Due to balancing of losses the real picture has gone unnoticed ?

JanithaR · 16 Re: Again started Tue Dec 22, 2015 12:30 pm

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The most sensible reply in this thread is Chinwi's. If his quoted information is correct then isn't this a risky venture for a financial institution?

stockback · 17 Re: Again started Tue Dec 22, 2015 12:50 pm

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Chinwi wrote:I have an unresolved question about the performances of SFL.

(edited 2 times)

Segment profits comparison 1st 6 months 2014 and 2015

Segment --- Profit 2014 --- Profit 2015 in millions 1st 6 months
(page 8 Sept report)

Finance Leasing 126 ---- 79
Hire purchases-- 96 ---- 71
Loans ------------ 144 ---- 113
Pawning -----------7 ---- 4
Investment --------15 --- 24

Only Investments sector has shown a progress of 9 million.
All other sectors , profits gone well below last year.

In total, they have gone down in businesses from 2014 to 2015 by 100 million LKR

Somehow, at the bottom line they show an increase of EPS

1.34 (2014) and 1.73 (2015)

There were unallocated losses of 327 million in 2014 and 213 million in 2015. Due to balancing of losses the real picture has gone unnoticed ?

I can See 85 Millions ++

Other Unalocated - Credit Loss and Expenses.

please give me idea about this.

I think this is they collected money which is abandon as a credit loss from previous years.

please explain.

I can see Credit Loss and Expenses under Finance and Loan sections 52 Millions and 63 Millions

they can improve these sections also.

please compare 7th Pages 2015.06.30 and 2015.09.30 then you will feel some improvement

Chinwi · 18 Re: Again started Tue Dec 22, 2015 9:29 pm

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Yahapalanaya wrote:

Pac-man wrote:Yahapalana

Mchn EPS must be divided by 10 neda ?? The last report these guys have done an error for EPS calculation. Subdivision eka amathaka wela

Yes You are right.But for comparision purpose( with 2014) we have to keep same.

No. It should be the otherway . You have to produce the correct amount for 2015 (present) and divide 2014 (history) by 10 for comparison.

---

EPS as latest report , earnings for first 6 months was 55.2 million. Divide by shares in issue , 69.6 million,

55.2 / 69.6 = 0.79 for 6 months. For 12 months 0.79 x 2 = 1.58

Yahapalanaya · 19 Re: Again started Tue Dec 22, 2015 10:46 pm

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Chinwi wrote:

Yahapalanaya wrote:

Pac-man wrote:Yahapalana

Mchn EPS must be divided by 10 neda ?? The last report these guys have done an error for EPS calculation. Subdivision eka amathaka wela

Yes You are right.But for comparision purpose( with 2014) we have to keep same.

No. It should be the otherway . You have to produce the correct amount for 2015 (present) and divide 2014 (history) by 10 for comparison.

---

EPS as latest report , earnings for first 6 months was 55.2 million. Divide by shares in issue , 69.6 million,

55.2 / 69.6 = 0.79 for 6 months. For 12 months 0.79 x 2 = 1.58

ok I will come to your way.

2014 44.4/6.96=6.3/10=.63 For 12 months .63 x 2 = 1.28

2015 Anualised EPS 1.58 2014 Anualised EPS 1.28

1.So improved anualised EPS.
Further check its 4th quarter past EPS.It's always excellent.So real anualised EPS will be high.

2.Everyone agree that net income improved

They have to improve on credit loss expenses.

stockback · 20 Re: Again started Tue Dec 22, 2015 10:52 pm

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Chinwi wrote:

Yahapalanaya wrote:

Pac-man wrote:Yahapalana

Mchn EPS must be divided by 10 neda ?? The last report these guys have done an error for EPS calculation. Subdivision eka amathaka wela

Yes You are right.But for comparision purpose( with 2014) we have to keep same.

No. It should be the otherway . You have to produce the correct amount for 2015 (present) and divide 2014 (history) by 10 for comparison.

---

EPS as latest report , earnings for first 6 months was 55.2 million. Divide by shares in issue , 69.6 million,

55.2 / 69.6 = 0.79 for 6 months. For 12 months 0.79 x 2 = 1.58

I think we no need to used P share to count EPS.

its act like a Bond. am i Correct?

Yahapalanaya · 21 Re: Again started Tue Dec 22, 2015 11:25 pm

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SFL is not crap share like TFC or CIFL.It is improving.I am not recommending to buy SFL.

There are good undervalued financial companies(VFIN,LFIN,PLC,CFIN... at the market.

Chinwi · 22 Re: Again started Wed Dec 23, 2015 10:45 pm

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Stockback wrote:I think we no need to used P share to count EPS.

its act like a Bond. am i Correct?

In SFL they are like non voting shares. Purpose of the issue of those shares was to increase core capital as per Central Bank requirements.

SFL preference shares always get 10 cents Dividend each year in addition to any other dividend given to all shareholders.

Hence, I included them in the total no of shares.

10 cents figure was there with pre-split share. At splitting they did not mention it. Hence still the 10 cents per share should be available .

Because the rule said, "Preference Shares have the right to an annual dividend of Rs.0.10 per share in addition to receive any dividend declared and paid to the Ordinary shareholders. "

Mubin Mustafa · 23 Re: Again started Mon Jan 18, 2016 10:53 am

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Haa haa now at cheap price..

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Again started

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Shan1039

3 Re: Again started Fri Dec 18, 2015 9:53 pm

Mubin Mustafa

4 Re: Again started Sat Dec 19, 2015 11:14 am

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5 Re: Again started Mon Dec 21, 2015 9:44 pm

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