RAVI1980 wrote:IS THERE ANY ANOUNCEMENT FROM LOLC GROUP REGARDING CLC & LOFC CONSOLIDATION????
Yes amalgamation will be done before 31st march
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RAVI1980 wrote:IS THERE ANY ANOUNCEMENT FROM LOLC GROUP REGARDING CLC & LOFC CONSOLIDATION????
THANK UWinner123 wrote:RAVI1980 wrote:IS THERE ANY ANOUNCEMENT FROM LOLC GROUP REGARDING CLC & LOFC CONSOLIDATION????
Yes amalgamation will be done before 31st march
Kratos wrote:I feel CLC will go down further with the release of more shares as evident from the announcement (previously CLC had around 0.5% public float now around 1.7%) to the market since the company will benefit if CLC price goes down as the company will then be able to give less LOFC shares for each CLC share. This will reduce total number of shares and also improve the PE and PB ratios of the remaining company.
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Kratos wrote:Why would the company invest capital when they can easily release shares and get the same outcome.
Also why would the company give more shares of the remaining company to the holders of the dissolving entity having lower net assets. This will only increase total share availability and reduce the ratios.
Best case scenario will be LOFC 30 and CLC 15. 1 LOFC share for 2 CLC shares.
This will reduce total shares at the end of consolidation and improve PB and PE ratios.
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Last edited by RAVI1980 on Tue Feb 01, 2022 4:53 pm; edited 1 time in total
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Kratos wrote:Don’t hope.
Be realistic.
Don’t clout your analytical thinking by emotions and personal biases.
Best case scenario is LOFC 30
And 1 LOFC share for 2 CLC.
Last edited by Winner123 on Tue Feb 01, 2022 4:59 pm; edited 2 times in total
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There must be a reason why they did transfer @ 78 and 38Surajmp wrote:Clc 78: lofc 38 i think clc 1: lofc 2 possible
NIFL and 44.34% holding by CLCKratos wrote:As per the announcement the carrying values of the shares after the transfer is at book values not market values.
Market values were merely indicated.
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Kratos wrote:MUSIC ENDED AND SOON AS IT STARTED
MUST BE A POWER CUT.
Kratos wrote:MUSIC ENDED AND SOON AS IT STARTED
MUST BE A POWER CUT.
U guys are waiting for LOFC but CLC is seems to be the player pitty on you guysRAVI1980 wrote:Kratos wrote:MUSIC ENDED AND SOON AS IT STARTED
MUST BE A POWER CUT.
The joy was short lived
But it did not come like other shares , didn't it
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stockchaser wrote:U guys are waiting for LOFC but CLC is seems to be the player pitty on you guysRAVI1980 wrote:Kratos wrote:MUSIC ENDED AND SOON AS IT STARTED
MUST BE A POWER CUT.
The joy was short lived
But it did not come like other shares , didn't it
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True.clc may be will touch ATH soon.lofc need run together with clc,but lofc market flot very high we camt expect big run like clc.but long term lofc will be goodstockchaser wrote:U guys are waiting for LOFC but CLC is seems to be the player pitty on you guysRAVI1980 wrote:Kratos wrote:MUSIC ENDED AND SOON AS IT STARTED
MUST BE A POWER CUT.
The joy was short lived
But it did not come like other shares , didn't it
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