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Sri Lanka Equity Forum » Stock Market Talk » LOLC FINANCE PLC (LOFC.N0000)

LOLC FINANCE PLC (LOFC.N0000)

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161LOLC FINANCE PLC (LOFC.N0000) - Page 9 Empty Re: LOLC FINANCE PLC (LOFC.N0000) on Sat Oct 12, 2019 10:52 pm

Chathuranga55


Stock Analytic
Stock Analytic
Couldn't understand.. can you explain it clearly wht will going to happen?

162LOLC FINANCE PLC (LOFC.N0000) - Page 9 Empty Re: LOLC FINANCE PLC (LOFC.N0000) on Sun Oct 13, 2019 8:56 pm

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Chathuranga55 wrote:Couldn't understand.. can you explain it clearly wht will going to happen?


they have to take a decision before July 2020. if they going with de-listing they have another 7-8 months to implement. I think they have to start soon.

163LOLC FINANCE PLC (LOFC.N0000) - Page 9 Empty Re: LOLC FINANCE PLC (LOFC.N0000) on Mon Oct 14, 2019 12:35 am

Promoney


Manager - Equity Analytics
Manager - Equity Analytics
Market is pressured up, with political stability envisaged by Nov 16.. It will be difficult for them to hold the price down now to get the delisting at the lowest price offering.. It would save them some money to do it sooner than later

164LOLC FINANCE PLC (LOFC.N0000) - Page 9 Empty Re: LOLC FINANCE PLC (LOFC.N0000) on Mon Oct 14, 2019 8:42 am

wealth123


Equity Analytic
Equity Analytic
I'm following this share closely, De-listing price will be between Rs.5.80 - 6.50.
If not delist, NAV will be Rs. 6.10 @ 31st March 2020. At a favorable Mkt condition Share price has to touch at least the NAV. ( In 2011 it was more than 2 times of NAV )
Entering below 4.00 is definitely Zero risk.

Holding

165LOLC FINANCE PLC (LOFC.N0000) - Page 9 Empty Re: LOLC FINANCE PLC (LOFC.N0000) on Mon Oct 14, 2019 12:49 pm

Promoney


Manager - Equity Analytics
Manager - Equity Analytics
.



Last edited by Promoney on Mon Oct 14, 2019 1:19 pm; edited 2 times in total

166LOLC FINANCE PLC (LOFC.N0000) - Page 9 Empty Re: LOLC FINANCE PLC (LOFC.N0000) on Mon Oct 14, 2019 1:10 pm

wealth123


Equity Analytic
Equity Analytic
De-listing process is on track, But cannot tell an exact date.
Anyhow price must be above Rs.4.65 ( Rights issue price ).
As they have not paid any single Dividend to shareholders they may go for a premium price ( More than NAV ).
Also note public holding is only 5.73% & that is only 280 Mn shares.

Anyone know below shareholders of LOFC ?
LOLC FINANCE PLC (LOFC.N0000) - Page 9 Fv+Hr+3dzQwAAAACwPIj4AQAAgCfiPz+BKcOcFFAdAAAAAElFTkSuQmCC
Are they relate to LOLC group or Directors ? collectively they hold about 4.50%.
If they are also a known party to Directors, Real public holding is only ( 0.75% and only 39 Mn shares ).

167LOLC FINANCE PLC (LOFC.N0000) - Page 9 Empty Re: LOLC FINANCE PLC (LOFC.N0000) on Mon Oct 14, 2019 1:19 pm

Promoney


Manager - Equity Analytics
Manager - Equity Analytics
It will make sense to delist before the election. GR is leading in the polls and ifhe wins, the share will sky rocket. A lower offer price (which will save them money) will be attractive when tge trading price is at a low.

168LOLC FINANCE PLC (LOFC.N0000) - Page 9 Empty Re: LOLC FINANCE PLC (LOFC.N0000) on Thu Oct 31, 2019 12:54 pm

wealth123


Equity Analytic
Equity Analytic
CLC.N is trading at 3.60 - 3.70 level, NAV is only Rs.2.77.
Any Guesses ? De listing ?
LOFC - NAV is 5.70, But trading at Rs.3.80

169LOLC FINANCE PLC (LOFC.N0000) - Page 9 Empty Re: LOLC FINANCE PLC (LOFC.N0000) on Thu Oct 31, 2019 2:41 pm

migara


Stock Trader
Any target LOFC ?

170LOLC FINANCE PLC (LOFC.N0000) - Page 9 Empty Re: LOLC FINANCE PLC (LOFC.N0000) on Thu Oct 31, 2019 3:17 pm

Cma


Equity Analytic
Equity Analytic
Target is above the NAV..😁😁

171LOLC FINANCE PLC (LOFC.N0000) - Page 9 Empty Re: LOLC FINANCE PLC (LOFC.N0000) on Thu Oct 31, 2019 3:59 pm

Promoney


Manager - Equity Analytics
Manager - Equity Analytics
LOFC, CLC, NIFL all three are proposed to be delisted. Recently CLC shot up feom 3.1 to 3.7. LOFC has only gone up by 20 cents. NIFL is illiquid. Best value buy would be LOFC, price has been held down for quite sometime. Looks like things are happening now

172LOLC FINANCE PLC (LOFC.N0000) - Page 9 Empty Re: LOLC FINANCE PLC (LOFC.N0000) on Thu Oct 31, 2019 4:38 pm

wealth123


Equity Analytic
Equity Analytic
According to some news LOLC has got the required approvals to go ahead with share de listing, 1st they gonna de list CLC & BRAC, as there are only very few shares in the hands of others investors ( see their shareholder lists )

And they've brought down LOFC.N others share holder quantity to below 100 Mn, And via Rights issues they've brought down the public holding to 5.00% ( Technically ) , But 3rd and 4th largest investors are also related parties to LOLC & their Directors, Hence final public holding is only 0.95%.
As per the said sources De listing price will be more than their NAV, They have a concern because they have never paid Dividends for all these counters. So they are going to pay a Good premium to the remaining minority shareholders.
In last few months few big boys were collecting this by playing with artificial sell orders ( Rs. 4.00 & 4.10 )
My target price for this is Rs. 8.00+. ( Holding  )

LOLC FINANCE PLC (LOFC.N0000) - Page 9 SwL2AIK+Vpg16Xcd1eD3NABQOU9ow09II3gmqFsABEDQAwAAAAAA8GAg6AEAAAAAAHgwEPQAAAAAAAA8mP8HL3z5XIWXwPcAAAAASUVORK5CYII=

173LOLC FINANCE PLC (LOFC.N0000) - Page 9 Empty Re: LOLC FINANCE PLC (LOFC.N0000) on Thu Oct 31, 2019 6:09 pm

Promoney


Manager - Equity Analytics
Manager - Equity Analytics
Weath123 good analysis

174LOLC FINANCE PLC (LOFC.N0000) - Page 9 Empty Re: LOLC FINANCE PLC (LOFC.N0000) on Thu Oct 31, 2019 6:40 pm

Promoney


Manager - Equity Analytics
Manager - Equity Analytics
Only one disagreement would be that, if they are going to delist the 3 companies, they will delist all 3 together. Coz if you first delist one or two together and leave one for later, that remaining share will sky rocket knowing that it will be delisted next.. and if the price goes too high, the delisting price will not be as attractive.. so it makes sense to delist all 3 together

175LOLC FINANCE PLC (LOFC.N0000) - Page 9 Empty Re: LOLC FINANCE PLC (LOFC.N0000) on Fri Nov 01, 2019 9:57 pm

fireshelter

fireshelter
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Very Happy Very Happy Very Happy

176LOLC FINANCE PLC (LOFC.N0000) - Page 9 Empty Re: LOLC FINANCE PLC (LOFC.N0000) on Mon Nov 04, 2019 8:07 am

wealth123


Equity Analytic
Equity Analytic
LOLC FINANCE PLC (LOFC.N0000) - Page 9 QZ1zoAWB+BM2Ka6PSAi9UDSPpp1zoAuBcCJwBoXOsAYB0ETgDQuNYBwDoInACgca0DgHUQOAFA41oHAOsgcAKAxrUOANZB4AQAjWsdAKyDwAkAGtc6AFgHgRMANK51ALAOAicAaFzrAGAdBE4A0LjWAcA6CJwAoHGtA4B1FAdONjY2tp+wAQCWVxQ4AQAAgGsROAEAALAqAicAAABWReAEAADAqgicAAAAWBWBEwAAAKsicAIAAGBVBE4AAACsisAJAACAVRE4AQAAsCoCJwAAAFZF4AQAAMCqCJwAAABYFYETAAAAqyJwAgAAYFUETgAAAKzqPyLOaNAnLoxhAAAAAElFTkSuQmCC

177LOLC FINANCE PLC (LOFC.N0000) - Page 9 Empty Re: LOLC FINANCE PLC (LOFC.N0000) on Wed Nov 06, 2019 5:47 pm

Cma


Equity Analytic
Equity Analytic
250,000 shares bought @ last moment...Someone collecting 3.90-4.10...any time share price can be rocket...

178LOLC FINANCE PLC (LOFC.N0000) - Page 9 Empty Re: LOLC FINANCE PLC (LOFC.N0000) on Wed Nov 06, 2019 6:22 pm

Promoney


Manager - Equity Analytics
Manager - Equity Analytics
Yeah there was a buy of 250,000 shares at 2.29pm clearing entire sell orders at 3.90 and part of the sell orders at 4.00



Last edited by Promoney on Wed Nov 06, 2019 6:53 pm; edited 2 times in total

179LOLC FINANCE PLC (LOFC.N0000) - Page 9 Empty Re: LOLC FINANCE PLC (LOFC.N0000) on Wed Nov 06, 2019 6:38 pm

Chathuranga55


Stock Analytic
Stock Analytic
😃😃😃🔥🔥🔥

180LOLC FINANCE PLC (LOFC.N0000) - Page 9 Empty Re: LOLC FINANCE PLC (LOFC.N0000) on Wed Nov 06, 2019 9:22 pm

wealth123


Equity Analytic
Equity Analytic
I have noticed this in entire October month, And feel they are trying to keep the price down until they collect the required quantity.
Its only a matter of time, this will pass 5.40.
Disc - Holding

181LOLC FINANCE PLC (LOFC.N0000) - Page 9 Empty Re: LOLC FINANCE PLC (LOFC.N0000) on Thu Nov 07, 2019 1:11 am

Teller

Teller
Moderator
Moderator
LOFC Is in correct track. Sits in upper part of linear curve. So no need to ask to again and again the target and time line. Let it to be energize like a black whole. Currently its reaching to highest point.GL


_________________




Teller said is said..

182LOLC FINANCE PLC (LOFC.N0000) - Page 9 Empty Re: LOLC FINANCE PLC (LOFC.N0000) on Fri Nov 08, 2019 4:00 pm

wealth123


Equity Analytic
Equity Analytic
Same thing repeated,
Someone Bought more than 1 Mn shares @ 3.90 - 4.00 between 2.25 pm - 2.30 pm.

183LOLC FINANCE PLC (LOFC.N0000) - Page 9 Empty Re: LOLC FINANCE PLC (LOFC.N0000) on Fri Nov 08, 2019 4:00 pm

Chathuranga55


Stock Analytic
Stock Analytic
Another last 5min run...

184LOLC FINANCE PLC (LOFC.N0000) - Page 9 Empty Re: LOLC FINANCE PLC (LOFC.N0000) on Fri Nov 08, 2019 4:15 pm

Cma


Equity Analytic
Equity Analytic
Yep... Collet and hold.. don’t sell cheap..

185LOLC FINANCE PLC (LOFC.N0000) - Page 9 Empty Re: LOLC FINANCE PLC (LOFC.N0000) on Sun Nov 10, 2019 6:38 am

King of vice

King of vice
Equity Analytic
Equity Analytic
Remember the old adage "slow and steady wins the race." Do accordingly. Collect slowly and keep steady. You'll be a winner in the end. Good Luck All!

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