HomeOrient Finance PLC--(Share_Valuation_Report)
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yellow knife
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sashimaal
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yellow knifeTop contributor
- Posts : 6980
Join date : 2014-03-27
Re: Orient Finance PLC--(Share_Valuation_Report)
Wed Feb 15, 2017 8:27 am
BFN has released its quarter reports.
Having healthy discussions is a must in a stock forum.
We have go through our own writing and understand our own behaviour. The past posts are like mirrors. It shows where we must groom up.
It shows us how hot news, technical work and where it does not work.
Small was predicting short term gains and Shashi was predicting long term gains.
Now has the share reached Smalls' target or has lived up to the expectations created ?
Nine months earnings which was 6.05 in 2015 has come down to 1.28 in 2016.
Quarter ended Dec in 2015 reported an EPS of 1.48 but it has come down to 0.36 in 2016.
Net Assets is 16.40 by now.
Having healthy discussions is a must in a stock forum.
We have go through our own writing and understand our own behaviour. The past posts are like mirrors. It shows where we must groom up.
It shows us how hot news, technical work and where it does not work.
Small was predicting short term gains and Shashi was predicting long term gains.
Now has the share reached Smalls' target or has lived up to the expectations created ?
Nine months earnings which was 6.05 in 2015 has come down to 1.28 in 2016.
Quarter ended Dec in 2015 reported an EPS of 1.48 but it has come down to 0.36 in 2016.
Net Assets is 16.40 by now.
sashimaalTop contributor- Posts : 5785
Join date : 2014-02-28
Re: Orient Finance PLC--(Share_Valuation_Report)
Wed Feb 15, 2017 9:08 am
All B&F shares are trading at approx 50% of what it was. Not that the company performances came down to these levels but the overall economic and market sentiments.
Take bigger companies such as NDB, DFCC, CDB, etc , etc the same case. Even Comb went from 190+ to rs 120 and after that it's Rs 140 now. HDFC was Rs 60 a few months back and then came to lower Rs 40 levels. LFIN was expected to goto Rs 150 long time back but still at Rs 120 kept by its DY. VFIN is a Rs 100 share trading at Rs 60. PLC which was Rs 28 some time back is now Rs 16.50.
Important to understand that this was a LT share from start. Any evaluation should happen after that period. If only BFN came down, that is a different case and has a point.
What is important is that now almost all B&F shares are at a Strong Buy for LT holders.
As i indicated over 3 months back the macro economic factors are getting better (even though money printing continues to happen sporadically, which is bad unless sterilized quickly like in Jan ). Rating agencies are 3-6 months late normally.
Take bigger companies such as NDB, DFCC, CDB, etc , etc the same case. Even Comb went from 190+ to rs 120 and after that it's Rs 140 now. HDFC was Rs 60 a few months back and then came to lower Rs 40 levels. LFIN was expected to goto Rs 150 long time back but still at Rs 120 kept by its DY. VFIN is a Rs 100 share trading at Rs 60. PLC which was Rs 28 some time back is now Rs 16.50.
Important to understand that this was a LT share from start. Any evaluation should happen after that period. If only BFN came down, that is a different case and has a point.
What is important is that now almost all B&F shares are at a Strong Buy for LT holders.
As i indicated over 3 months back the macro economic factors are getting better (even though money printing continues to happen sporadically, which is bad unless sterilized quickly like in Jan ). Rating agencies are 3-6 months late normally.
- yellow knifeTop contributor
- Posts : 6980
Join date : 2014-03-27
Re: Orient Finance PLC--(Share_Valuation_Report)
Wed Feb 15, 2017 9:43 am
Thanks Shashi
This is why predicting is difficult. We can seed the results of past and calculate the impact of new incidents. Yet the macro level economic condition affects to all shares and will affect all shares irrespective of its individual performance.
This is why predicting is difficult. We can seed the results of past and calculate the impact of new incidents. Yet the macro level economic condition affects to all shares and will affect all shares irrespective of its individual performance.
- sashimaalTop contributor
- Posts : 5785
Join date : 2014-02-28
Re: Orient Finance PLC--(Share_Valuation_Report)
Wed Feb 15, 2017 9:55 am
Yes no one said prediction is easy. Otherwise anyone would have done it.
yellow knife wrote:Thanks Shashi
This is why predicting is difficult. We can seed the results of past and calculate the impact of new incidents. Yet the macro level economic condition affects to all shares and will affect all shares irrespective of its individual performance.
PANTOMATH- Posts : 231
Join date : 2018-10-15
Re: Orient Finance PLC--(Share_Valuation_Report)
Wed Nov 28, 2018 7:22 pm
There is a rumor circulating for few quarters about possible take over at a higher price.Players bring the news to the surface time to time to play with it.
Smart traders can play safely,but be aware of dumping.
Smart traders can play safely,but be aware of dumping.
- yellow knifeTop contributor
- Posts : 6980
Join date : 2014-03-27
Re: Orient Finance PLC--(Share_Valuation_Report)
Thu Nov 29, 2018 7:17 am
Thanks Pantomath
One common character of shares selected to Pump & Dump is having less number of shares in the hands of General Public,
In this case 89.81% of shares belongs to Janashakthi PLC.
Means , when the Mother company is not trading its shares on day to day basis, the players can create rumors and Pump and Dump share.
Long ago there were rumours that LOLC is going to buy Peoples Merchant Bank. (PMB).Even now 87% of its shares belongs to People's Bank Group.
Yet Nimal Perera could easily pump and dump PMB giving good return to some while burning some investors.
************************************
This kind of successful Pump & Dump actions echoed in retail investors mind and they also gang up with stock brokers to experiment the same.
What Che did in Cuba, Wijeweera wanted to be done in Sri Lanka.
Wijeweera failed yet gave the boost to adventurous youth creating two bubbles.
**************************************************************
Financial Literacy is taught in your own religion as well as when you read story books in your child hood.
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One common character of shares selected to Pump & Dump is having less number of shares in the hands of General Public,
In this case 89.81% of shares belongs to Janashakthi PLC.
Means , when the Mother company is not trading its shares on day to day basis, the players can create rumors and Pump and Dump share.
Long ago there were rumours that LOLC is going to buy Peoples Merchant Bank. (PMB).Even now 87% of its shares belongs to People's Bank Group.
Yet Nimal Perera could easily pump and dump PMB giving good return to some while burning some investors.
Another 'pump and dump' - PressReader
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Aug 12, 2011 - Yet another 'pump and dump' story was unfurled following the release of quarterly results of People's Merchant Bank (PMB), which showed advertising icon turned investor Dilith Jayaweera and corporate leader Nimal Perera have ... The deal was concluded at Rs.21 per share whilst Colombo stock .
************************************
This kind of successful Pump & Dump actions echoed in retail investors mind and they also gang up with stock brokers to experiment the same.
What Che did in Cuba, Wijeweera wanted to be done in Sri Lanka.
Wijeweera failed yet gave the boost to adventurous youth creating two bubbles.
**************************************************************
Financial Literacy is taught in your own religion as well as when you read story books in your child hood.
[You must be registered and logged in to see this image.]
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