FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» LOLC FINANCE PLC (LOFC.N0000)
by Equity Win Today at 2:17 pm

» SRI LANKA TELECOM PLC (SLTL.N0000)
by sureshot Today at 7:42 am

» Construction Sector Boom with Purchasing manager's indices
by rukshan1234 Yesterday at 11:24 pm

» Asha Securities and Asia Securities Target AEL (Access Enginnering PLC )
by Anushka Perz Wed Apr 17, 2024 10:30 pm

» Sri Lanka: China EXIM Bank Debt Moratorium to End in April 2024
by DeepFreakingValue Tue Apr 16, 2024 11:22 pm

» Uncertainty over impending elections could risk Lanka’s economic recovery: ADB
by God Father Tue Apr 16, 2024 2:47 pm

» Sri Lanka's Debt Restructuring Hits Roadblock with Bondholders
by God Father Tue Apr 16, 2024 2:42 pm

» BROWN'S INVESTMENTS SHOULD CONSIDER BUYING BITCOIN
by ADVENTUS Mon Apr 15, 2024 12:48 pm

» Bank run leading the way in 2024
by bkasun Sun Apr 14, 2024 3:21 pm

» ACCESS ENGINEERING PLC (AEL) Will pass IPO Price of Rs 25 ?????
by blindhog Thu Apr 11, 2024 10:44 am

» ASPI: Undoing GR/Covid19!
by DeepFreakingValue Thu Apr 11, 2024 10:25 am

» Learn CSE Rules and Regulations with the help of AI Assistant
by ChatGPT Tue Apr 09, 2024 7:47 am

» Top AI tools in Sri Lanka
by ChatGPT Tue Apr 09, 2024 7:21 am

» HDFC- Best ever profit reported in 2023
by ApolloCSE Mon Apr 08, 2024 12:43 pm

» WAPO 200% UP
by LAMDA Sun Apr 07, 2024 10:41 pm

» KEGALLE PLANTATIONS PLC (KGAL.N0000)
by DeepFreakingValue Fri Apr 05, 2024 2:04 pm

» ARPICO INSURANCE PLC - Reports LKR 625mn loss for the FY2023
by DeepFreakingValue Fri Apr 05, 2024 12:58 pm

» EXTERMINATORS PLC (EXT.N0000)
by ErangaDS Fri Apr 05, 2024 10:59 am

» ALLIANCE FINANCE COMPANY PLC (ALLI.N0000)
by SL-INVESTOR Fri Apr 05, 2024 8:29 am

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by Anushka Perz Thu Apr 04, 2024 9:50 pm

» PINS (People's Insurance) will be another UAL
by sakuni Thu Apr 04, 2024 8:22 pm

» A New Record Price for One Tonne of Cocoa on the International Market
by ResearchMan Thu Apr 04, 2024 2:03 pm

» Access Engineering awarded two more contract packages at Colombo Port
by samansilva Thu Apr 04, 2024 12:05 pm

» FMCG Sector LMF, MEL and DIST
by buwr Thu Apr 04, 2024 9:35 am

» CEYLON GUARDIAN INVESTMENT TRUST PLC (GUAR)
by soileconomy Thu Apr 04, 2024 3:00 am

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube

Disclaimer
FINANCIAL CHRONICLE™ Disclaimer

The information contained in this FINANCIAL CHRONICLE™ have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein. FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever. Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, FINANCIAL CHRONICLE™ blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

Further the writers and users shall not induce or attempt to induce another person to trade in securities using this platform (a) by making or publishing any statement or by making any forecast that he knows to be misleading, false or deceptive; (b) by any dishonest concealment of material facts; (c) by the reckless making or publishing, dishonestly or otherwise of any statement or forecast that is misleading, false or deceptive; or (d) by recording or storing in, or by means of, any mechanical, electronic or other device, information that he knows to be false or misleading in a material particular. Any action writers and users take in respect of (a),(b),(c) and (d) above shall be their own responsibility, FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental violation of securities laws of any country, damages or loss arising out of the use of this information.


AI Live Chat

You are not connected. Please login or register

BFN - THEY ARE SENDING THEIR REPRESANTAYTION TO CHINA THIS WEEKEND

5 posters

Go down  Message [Page 1 of 1]

kalu351


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

BFN SLOW RUN WILL SLOWLY CONTINUE AND HIGHLY ILIQVID COMPNAY AND 89% HOLD BY THE  CASH RICH JANASKAKTHI - THEY ARE SENDING  THEIR REPRESANTAYTION  TO CHINA THIS WEEKEND

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

kalu351 wrote:BFN SLOW RUN WILL SLOWLY CONTINUE AND HIGHLY ILIQVID COMPNAY AND 89% HOLD BY THE  CASH RICH JANASKAKTHI - THEY ARE SENDING  THEIR REPRESANTAYTION  TO CHINA THIS WEEKEND
kalu351,


when you posting please put down the source or the link Very Happy 
If it is a inside deal/news just mention that too............


Coming days there will be many promoters  Wink

DS Wijesinghe


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

kalu351 wrote:BFN SLOW RUN WILL SLOWLY CONTINUE AND HIGHLY ILIQVID COMPNAY AND 89% HOLD BY THE  CASH RICH JANASKAKTHI - THEY ARE SENDING  THEIR REPRESANTAYTION  TO CHINA THIS WEEKEND
JINS doesn't hold a single share of BFN. It is Janshakthi Limited and if this deal happens there is no benefit to JINS shareholders


When JINS+Allianz deal was done, it was a top secret until the last few days. It appears negotiations went on for more than 1 year and even perhaps close to 2 years.

There could be some truth about BFN BUT retail investors who speculate on such market rumours could end up loosing money.

Don't gamble on market rumours and always invest with near certainity even if you are speculating or trading

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

BFN just like a soda bottle Very Happy Very Happy Very Happy

5BFN - THEY ARE SENDING  THEIR REPRESANTAYTION  TO CHINA THIS WEEKEND Empty Avoid these shares Fri Aug 31, 2018 10:08 am

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

BFN
KAPI
UBC
LCEM
TFC
Players always use these shares and few more Wink

sameboy

sameboy
Manager - Equity Analytics
Manager - Equity Analytics

ruwan326 wrote:BFN
KAPI
UBC
LCEM
TFC
Players always use these shares and few more ;)
BFN Collected Panic sellers shares Last Friday. Monday boom boom

DS Wijesinghe


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

1. JINS won't benefit even if there is a deal on BFN. So don't buy JINS expecting a BFN deal.

2. If you are speculating on BFN do it with almost certainity. Occasionally I too trade BUT ONLY IF if is certain that I am going to make money and not loose my money

My last such trading was with JINS, making substantial profits. I knew exactly what I was doing

For 2 years JINS was trading around Rs. 15-16 and 17 max. Suddenly there was unusual movement in volumes and price appreciation. There was some market info about the impending deal. Then came JINS announcement but with no details of selling price. Following day they announced selling subsidiary for Rs. 16 Billion. I did some basic calculations & I figured out if it is going to be a dividend it would be around Rs. 20/- per share and would probably drive the SHARE price close to Rs. 40/- . But it was going to be a share repurchase. So I was 90% sure the buy back price would be close to Rs. 40/-. Within 1 hr of the announcement I purchased JINS shares for trading @around Rs. 25/- 

Later they announced buy back price which was Rs. 36 odd. Immediately afte company repurchased @ Rs. 36 odd I sold the remaining shares above 25/- within the next couple of days.

Therefore if you are trading or speculating do it with near certainity. Just betting money on market info/rumours is nothing but gambling. If it works you make some money and if it doesn't work, you loose substantial money.

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

DS Wijesinghe wrote:1. JINS won't benefit even if there is a deal on BFN. So don't buy JINS expecting a BFN deal.

2. If you are speculating on BFN do it with almost certainity. Occasionally I too trade BUT ONLY IF if is certain that I am going to make money and not loose my money

My last such trading was with JINS, making substantial profits. I knew exactly what I was doing

For 2 years JINS was trading around Rs. 15-16 and 17 max. Suddenly there was unusual movement in volumes and price appreciation. There was some market info about the impending deal. Then came JINS announcement but with no details of selling price. Following day they announced selling subsidiary for Rs. 16 Billion. I did some basic calculations & I figured out if it is going to be a dividend it would be around Rs. 20/- per share and would probably drive the SHARE price close to Rs. 40/- . But it was going to be a share repurchase. So I was 90% sure the buy back price would be close to Rs. 40/-. Within 1 hr of the announcement I purchased JINS shares for trading @around Rs. 25/- 

Later they announced buy back price which was Rs. 36 odd. Immediately afte company repurchased @ Rs. 36 odd I sold the remaining shares above 25/- within the next couple of days.

Therefore if you are trading or speculating do it with near certainity. Just betting money on market info/rumours is nothing but gambling. If it works you make some money and if it doesn't work, you loose substantial money.
"Occasionally I too trade BUT ONLY IF if is certain that I am going to make money and not loose my money" Wink Wink Wink Wink

DS Wijesinghe


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Yes Ruwan I will trade only if there is zero or near zero risk as was in the case of JINS actual example. This type of high investment return opportunities with NEAR ZERO RISK don't come easily, but when they do come grab them with both hands.

Let's assume tomorrow BFN is announcing a specified controlling % being sold for a specified amount and let's assume it comes to Rs. 25/- a share. Then @ CSE if BFN is available below 20/- I would buy as much as possible knowing that I can make a super profit with ZERO RISK 

Majority of investors believe the rate of return which the investors should aim for is more or less proportionate to the amount of risk he is prepared to take, i.e. higher the risk,  higher the return and lower the risk, lower the return. But Benjamin Graham's view is that, the rate of return on investment is NOT proportionate to the level of risk you take. 

The rate of return sought by the investor should and will depend on the amount of intelligent effort the investor is willing to put in to his investment task. He says the maximum return will go to the alert and enterprising investor who puts maximum intelligent effort and skill

sameboy

sameboy
Manager - Equity Analytics
Manager - Equity Analytics

kalu351 wrote:BFN SLOW RUN WILL SLOWLY CONTINUE AND HIGHLY ILIQVID COMPNAY AND 89% HOLD BY THE  CASH RICH JANASKAKTHI - THEY ARE SENDING  THEIR REPRESANTAYTION  TO CHINA THIS WEEKEND
Will BFL run Monday??Some One collected today

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

sameboy wrote:
kalu351 wrote:BFN SLOW RUN WILL SLOWLY CONTINUE AND HIGHLY ILIQVID COMPNAY AND 89% HOLD BY THE  CASH RICH JANASKAKTHI - THEY ARE SENDING  THEIR REPRESANTAYTION  TO CHINA THIS WEEKEND
Will BFL run Monday??Some One collected today
you said"BFN Collected Panic sellers shares Last Friday. Monday boom boom" Wink
I have to agreed with  DS.
Players are pushing the shares most of the time these days.

Technically yes Very Happy

sahan8896


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

I thought the plane crashed when it was at 15.Probably they are sending another person

sameboy

sameboy
Manager - Equity Analytics
Manager - Equity Analytics

sahan8896 wrote:I thought the plane crashed when it was at 15.Probably they are sending another person
So We can enter 15.50 + price Because Plane Is Crashed Price is 15.00rs . :D :) :)

Sponsored content



Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum