Commercial Credit

wgsaman · 1 Commercial Credit Fri Sep 21, 2012 6:39 am

wgsaman

Senior Manager - Equity Analytics

Posts : 348
Equity Stars : 5431
Reputation : 48
Join date : 2011-05-20
Age : 33

Most probably their EPS of 2012/2013 can be more than Rs.7.50
This is not a joke.What do you think about this future gem?

ranferdi · 2 Collct Silently... Fri Sep 21, 2012 3:19 pm

ranferdi

Assistant Vice President - Equity Analytics

Posts : 832
Equity Stars : 5518
Reputation : 38
Join date : 2012-06-10
Age : 54
Location : Colombo

Collect Silently.. For sure there will be a time withing six months this will make you good returns.

Arena · 3 Re: Commercial Credit Fri Sep 21, 2012 3:37 pm

Arena

Assistant Vice President - Equity Analytics

Posts : 702
Equity Stars : 5256
Reputation : 44
Join date : 2012-07-31
Location : Colombo

Yep.

Monday is the XD date and dont panic with the down word slop. I am curious on their next report to see the sustainability of the profit. Their growth is genuine we all saw the branch expansion and the publicity they gave. A good company with a visionary leader. Hope for the best and kept some shares for the future.....

wgsaman · 4 Re: Commercial Credit Sun Sep 23, 2012 12:39 pm

wgsaman

Senior Manager - Equity Analytics

Posts : 348
Equity Stars : 5431
Reputation : 48
Join date : 2011-05-20
Age : 33

I think we can get quick profit from COCR

Rapaport · 5 Re: Commercial Credit Sun Sep 23, 2012 1:44 pm

Rapaport

Assistant Vice President - Equity Analytics

Posts : 681
Equity Stars : 5928
Reputation : 55
Join date : 2011-02-01

After earning 3.45/- last financial year, and even if they earn the same amount this year, it is still a bargain!

Cheers!

wgsaman · 6 Re: Commercial Credit Sun Sep 23, 2012 8:04 pm

wgsaman

Senior Manager - Equity Analytics

Posts : 348
Equity Stars : 5431
Reputation : 48
Join date : 2011-05-20
Age : 33

Experts comments plz

malanp · 7 Re: Commercial Credit Sun Sep 23, 2012 10:24 pm

malanp

Senior Manager - Equity Analytics

Posts : 382
Equity Stars : 5049
Reputation : 16
Join date : 2012-03-02

COCR last year profit included 170m of reclassifying gain from investments if I am not mistaken. so their actual EPS is 2.90 something.

wgsaman · 8 Re: Commercial Credit Tue Sep 25, 2012 7:03 pm

wgsaman

Senior Manager - Equity Analytics

Posts : 348
Equity Stars : 5431
Reputation : 48
Join date : 2011-05-20
Age : 33

Technical experts plz explain us techniclal side

Slstock · 9 Re: Commercial Credit Tue Sep 25, 2012 7:10 pm

Slstock

Director - Equity Analytics

Posts : 6610
Equity Stars : 13569
Reputation : 1158
Join date : 2011-01-22

One issue with this share is it net asset value is still low, PBV is around 3. But this does show potential for serious growth so this factor can be ignored somewhat as they can improve NAV quickly. I would be keen to see Sept results before we make further judgement. This growth was see in last year so we need to see it happening consistently ( possible as they are expanding) .

LFIN is another share with phenomenal growth and is going to challenge the number 1 Finance company slot at CSE in the future not so distant. LFIN is number 2 right now. Even LFIN PBV value is about 2.5 with PE at around 6. But given the NAV improvement YoY LFIN is on the right path. Central bank categorized it recently as a low risk finance company .

wgsaman · 10 Re: Commercial Credit Tue Sep 25, 2012 7:26 pm

wgsaman

Senior Manager - Equity Analytics

Posts : 348
Equity Stars : 5431
Reputation : 48
Join date : 2011-05-20
Age : 33

slstock wrote:One issue with this share is it net asset value is still low, PBV is around 3. But this does show potential for serious growth so this factor can be ignored somewhat as they can improve NAV quickly. I would be keen to see Sept results before we make further judgement. This growth was see in last year so we need to see it happening consistently ( possible as they are expanding) .

LFIN is another share with phenomenal growth and is going to challenge the number 1 Finance company slot at CSE in the future not so distant. LFIN is number 2 right now. Even LFIN PBV value is about 2.5 with PE at around 6. But given the NAV improvement YoY LFIN is on the right path. Central bank categorized it recently as a low risk finance company .

thanx slstock

traderathome · 11 Re: Commercial Credit Tue Sep 25, 2012 7:36 pm

traderathome

Senior Vice President - Equity Analytics

Posts : 2485
Equity Stars : 7386
Reputation : 133
Join date : 2012-02-26
Age : 51
Location : Abu Dhabi

slstock wrote:One issue with this share is it net asset value is still low, PBV is around 3. But this does show potential for serious growth so this factor can be ignored somewhat as they can improve NAV quickly. I would be keen to see Sept results before we make further judgement. This growth was see in last year so we need to see it happening consistently ( possible as they are expanding) .

LFIN is another share with phenomenal growth and is going to challenge the number 1 Finance company slot at CSE in the future not so distant. LFIN is number 2 right now. Even LFIN PBV value is about 2.5 with PE at around 6. But given the NAV improvement YoY LFIN is on the right path. Central bank categorized it recently as a low risk finance company .

SLS on LFIN

When it was trading around 135 price came down to 112 if i remember correct, my intuition was telling to BUY but did not go through as i did not have funds......

those got in @112 must be sitting happy ATM Very Happy