ABANS FINANCE PLC (AFSL.N0000)

Miss-Sangeetha- We are not concerned with your past \"Love and Hate relationship with "Teller".Is it wor?th buying the rights issue at Rs 25.00? wrote:On 5^th May year 2016 AFSL listed 7,400,000 QTY of AFSL rights shares at CSE. https://cdn.cse.lk/cmt/uploadAnnounceFiles/7001462419151_1069.pdf

 Just within three months on 01/08/2016, the axis of evil under took propagandas very well knowingly about the worst financial position of AFSL, that ” If Abans decides rights issue the share will shoot to 70” to dump their boss’s AFSL on small scale investors heads, and that was subsequently ations.

 Now the same axis of evil totally turned against the AFSL right issue not because to safe guard this forum members but for their own interest.

They very well know after this second AFSL rights issue with in 12 months period, the AFSL share price will go down to least level less than Rs.10/- because AFSL financially on life supporting machine before their last year’s rights issue.

Now the same axis of evils trying to discourage the AFSL right issue among the investors, to suspend their boss’s AFSL portfolio holding value going down (erode).

 Now if they subscribed this AFSL rights offer, AFSL share price definitely will go down after the right issue and have to face double losses one forum their newly subscribe shares and 2^nd from their exiting AFSL shares holding in collective accounts

 If this axis of evil unsubscribes their own rights issue and subsequently AFSL rights issue go on as said, their own exiting huge quantity of AFSL will lose its value.

This is the main reason, now these evils are posting this forum with borrowed financial data from their bosses as they did the same in the case of  HEXP, now they totally against the AFSL rights issue and talking about good company but mad management and inefficiency to dump their AFSL holding after the AFSL rights issue fails.

After seeing my depth of writing in my posts these fools are refuse to accept that I am a female and imagining I am a matured man or old lady because they still thinking about the male dominance of last century.

 They think they can promote anything on behalf their boss and after the short period of time, forum members will forget everything, and again they can write against their own post to plunder.

Now what had happened to the HEXP share price after the great land sale?  I am the single lady fought back against Teller’s HEXP mafia.   

fortuneteller wrote:

Miss-Sangeetha- We are not concerned with your past \"Love and Hate relationship with "Teller".Is it wor?th buying the rights issue at Rs 25.00? wrote:On 5^th May year 2016 AFSL listed 7,400,000 QTY of AFSL rights shares at CSE. https://cdn.cse.lk/cmt/uploadAnnounceFiles/7001462419151_1069.pdf

 Just within three months on 01/08/2016, the axis of evil under took propagandas very well knowingly about the worst financial position of AFSL, that ” If Abans decides rights issue the share will shoot to 70” to dump their boss’s AFSL on small scale investors heads, and that was subsequently ations.

 Now the same axis of evil totally turned against the AFSL right issue not because to safe guard this forum members but for their own interest.

They very well know after this second AFSL rights issue with in 12 months period, the AFSL share price will go down to least level less than Rs.10/- because AFSL financially on life supporting machine before their last year’s rights issue.

Now the same axis of evils trying to discourage the AFSL right issue among the investors, to suspend their boss’s AFSL portfolio holding value going down (erode).

 Now if they subscribed this AFSL rights offer, AFSL share price definitely will go down after the right issue and have to face double losses one forum their newly subscribe shares and 2^nd from their exiting AFSL shares holding in collective accounts

 If this axis of evil unsubscribes their own rights issue and subsequently AFSL rights issue go on as said, their own exiting huge quantity of AFSL will lose its value.

This is the main reason, now these evils are posting this forum with borrowed financial data from their bosses as they did the same in the case of  HEXP, now they totally against the AFSL rights issue and talking about good company but mad management and inefficiency to dump their AFSL holding after the AFSL rights issue fails.

After seeing my depth of writing in my posts these fools are refuse to accept that I am a female and imagining I am a matured man or old lady because they still thinking about the male dominance of last century.

 They think they can promote anything on behalf their boss and after the short period of time, forum members will forget everything, and again they can write against their own post to plunder.

Now what had happened to the HEXP share price after the great land sale?  I am the single lady fought back against Teller’s HEXP mafia.   

Miss-Sangeetha wrote:Sangeetha is this statement Correct?

Now if they subscribed this AFSL rights offer, AFSL share price definitely will go down after the right issue and have to face double losses one forum their newly subscribe shares and 2^nd from their exiting AFSL shares holding in collective accounts.
ts 

All these figures and ratios given are from the Financial Statements and Stock Exchange Filings and not from borrowed financial data from Bosses as stated by you-PLEASE CHECK THE CSE SITE!

"This is the main reason, now these evils are posting this forum with borrowed financial data from their bosses as they did the same in the case of  HEXP,..."


“ Is it worth buying AFSL right issue@25?” in view of the following?

1)Why is NPL of AFSL @ 13.00% when the industry ratio is below 6.00%?.
2)Why was the share given to a related party on private placement to touchwood fame Ironwood @25.00 when the market rate of 69.90.
3)Why was the share sold to a paper company owned by a Director  with no experience in the Financial Services Industry?
4)Have they achieved all targets or Wish List given by IRONWOOD when the private placement was made at 25.00.)ie-1.4 times asset value when Seylan Bank offered 2 times the asset value)?
3)Why are the following  ratios reflecting inefficiency?

a)Capital funds to deposit 19.78% (minimum 10%)
b)Core Capital 18.39% (minimum 5%)
c)Total Risk weighted Capital 18.34% (minimum 10%) 
4)Has the exchange control fraud related to vehicle import under valuation sorted out?
5)What has AFSL done to overcome the restriction placed by Central Bank?(Fraudulent products to lease up to 100%)


You sort-out your problems with others separately!