LOLC FINANCE PLC (LOFC.N0000)

stockback wrote:

NANDANA2012 wrote:Cant they cancel de-listing if enough is sold to minor share holders now ...... ?

they have bought 4.2 and 4.65. you think they are selling at 4.0 level with loss.

Miss-Sangeetha wrote:

Promoney wrote:If the holding company or related parties (basically LOLC group companies) are selling, it will have to be disclosed to the CSE as a related party transaction. So the public holding percentage can't increase without being disclosed

Could be disclosed after six month as AINV earlier fooled the CSE after achieved their purpose.
Here, Tellers boss bought LOFC, the quantity of more than 2.6 Billion (2600,000,000) @ 3.40 on July 2019 under the guise of related party transection.

Teller said LOFC going to be Rs.6 sooner than later and spreading the delisting story through all his channels.
Thus encouraging the retail fools to buy LOFC @4.10, 4.20.
I think his boss who bought @Rs 3.40 now downloading and Teller arranging scapegoat from retail fools.  


Teller did the same thing earlier also Example- AFSL ( Could be another GEM soon), HEXP (Rabbit) PINS (Sky rocket) and so many.


Teller said is said  

wealth123 wrote:LOLC Holdings will sell another 17% - 20% of LOFC stake to LOLC Asia sooner at 4.00 or 4.10, Now they are controlling the price to accomodate the transfer.
Then they will sell another 5.00% to Saakya or Satya Capital t fulfill the regulatory requirements.
After all these share will surpass the NAV for sure.
Note either LOFC or CLC didn't publish their non compliance announcements in November.
Feel like something is going to happen sooner.
Cheers !

NANDANA2012 wrote:

wealth123 wrote:LOLC Holdings will sell another 17% - 20% of LOFC stake to LOLC Asia sooner at 4.00 or 4.10, Now they are controlling the price to accomodate the transfer.
Then they will sell another 5.00% to Saakya or Satya Capital t fulfill the regulatory requirements.
After all these share will surpass the NAV for sure.
Note either LOFC or CLC didn't publish their non compliance announcements in November.
Feel like something is going to happen sooner.
Cheers !

LOLC Asia, Sakya, and Satya - arent they related parties ?

wealth123 wrote:Saakya and Satya considered as Non related parties.

wealth123 wrote:

No Non-compliance announcement after 7th October.

Teller wrote:Teller is here , roaming around the world.  You can contact him any time (whatsapp 0094779611094), if you feel you missed him. I am keeping silent on prediction as i am carefully study the market forces. As i said earlier 70% my portfolio sold . I strongly advise shares which achieved my targets , you should decide not to continue. As example i made Management (MGT) secondary target as 18.40 LKR, firstly 9 to 14.20 then 18.40, both target achieved now. I strongly believe you must exit MGT now. Same way DPL. AEL to be 18,and so many shits shares will come same level prior to election ,Remember this market doesnt have wings. As retailers you should know how to handle with care. As per the latest changes of the PESTEEL factors,be careful with finance sector  shares. I recommended LOFC 3.50, believe still you are in profit. But after the recent changes LOFC also has a doubt .Rember finance companies have to suffer in coming 18 months. So many bad and doubtful debts to be extended as government is going to instruct finance companies and banks. Foreigners look the Macro factor, so be on alert . I know better than others how it works...