LOFC - High level Analysis

madukp · 1 LOFC - High level Analysis Mon Oct 19, 2020 2:38 pm

madukp

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LOFC is a good buy around 3.40 - 3.70
This is a very strong penny share in the market.
Nav - 6.02
EPS is keeping marginally positive even during the crisis
LOLC it self holding more than 92%
Continuously increase of retained earnings
Good for trade short term
Good for invest midterm
the expectation to reach Rs 4, within a month.

wealth123 · 2 Re: LOFC - High level Analysis Mon Oct 19, 2020 2:42 pm

wealth123

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madukp wrote:LOFC is a good buy around 3.40 - 3.70
This is a very strong penny share in the market.
Nav - 6.02
EPS is keeping marginally positive even during the crisis
LOLC it self holding more than 92%
Continuously increase of retained earnings
Good for trade short term
Good for invest midterm
the expectation to reach Rs 4, within a month.

Zero Dividend. Rights Issues only. Very Happy

geesura · 3 Re: LOFC - High level Analysis Mon Oct 19, 2020 3:03 pm

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wealth123 wrote:

madukp wrote:LOFC is a good buy around 3.40 - 3.70
This is a very strong penny share in the market.
Nav - 6.02
EPS is keeping marginally positive even during the crisis
LOLC it self holding more than 92%
Continuously increase of retained earnings
Good for trade short term
Good for invest midterm
the expectation to reach Rs 4, within a month.

Zero Dividend. Rights Issues only.

lolc group to pay dividends? are u kidding me?

High-flyer · 4 Re: LOFC - High level Analysis Mon Oct 19, 2020 4:46 pm

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Where is the high level analysis....

madukp · 5 Re: LOFC - High level Analysis Mon Oct 19, 2020 6:52 pm

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High-flyer wrote:Where is the high level analysis....

Thread initiated to come up for analysis base on raw data. expecting you guys input.
But I've given my prediction based on the information. Good for trade, Good for midterm. Any input?

madukp · 6 Re: LOFC - High level Analysis Mon Oct 19, 2020 6:53 pm

madukp

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wealth123 wrote:

madukp wrote:LOFC is a good buy around 3.40 - 3.70
This is a very strong penny share in the market.
Nav - 6.02
EPS is keeping marginally positive even during the crisis
LOLC it self holding more than 92%
Continuously increase of retained earnings
Good for trade short term
Good for invest midterm the expectation to reach Rs 4, within a month.

Zero Dividend. Rights Issues only.

They don't, that's why their retained earnings are piling up. Doesn't mean they won't in the future.

wealth123 · 7 Re: LOFC - High level Analysis Tue Oct 20, 2020 7:04 am

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LOFC will never pay Dividends, But will give you Rights issues regularly.
"LOFC" I call it NANA'ge Kade

There are more valuable shares in Finance Sector.
Only good thing about LOFC & CLC is they are penny sticks, Everyone can buy in large quantities & easy to manipulate in current market where lots of new comers are in.

High-flyer · 8 Re: LOFC - High level Analysis Tue Oct 20, 2020 8:02 am

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madukp wrote:

High-flyer wrote:Where is the high level analysis....

Thread initiated to come up for analysis base on raw data. expecting you guys input.
But I've given my prediction based on the information. Good for trade, Good for midterm. Any input?

Sorry, I missed the Point.

One thing to add on financials,

Quarter ended 30 June they just recorded 70Mn profit which is very low.

However point to note is they charged 5.7Bn Impairment charges which is 1,000% increase (483Mn in 2019 Q1).

If they can recover / reverse at least part of these, that will be good in Q2 / Q3.

madukp · 9 Re: LOFC - High level Analysis Tue Oct 20, 2020 8:05 am

madukp

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High-flyer wrote:

madukp wrote:

High-flyer wrote:Where is the high level analysis....

Thread initiated to come up for analysis base on raw data. expecting you guys input.
But I've given my prediction based on the information. Good for trade, Good for midterm. Any input?

Sorry, I missed the Point.

One thing to add on financials,

Quarter ended 30 June they just recorded 70Mn profit which is very low.

However point to note is they charged 5.7Bn Impairment charges which is 1,000% increase (483Mn in 2019 Q1).

If they can recover / reverse at least part of these, that will be good in Q2 / Q3.