LOFC AND CLC Target Price??

Hope123 · 76 Re: LOFC AND CLC Target Price?? Fri Aug 27, 2021 3:24 pm

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LOFC more than 80M shares traded today.

SAGA · 77 Re: LOFC AND CLC Target Price?? Fri Aug 27, 2021 3:33 pm

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I think since the whole LOLC group moving both LOFC and CLC would move drastically.

Rational Investor · 78 Re: LOFC AND CLC Target Price?? Fri Aug 27, 2021 8:10 pm

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Anybody seen a renewed buying interest on CLC specially when it hit 20 and quickly bounce back to 22+ range. CLC might give more opportunities in coming Monday.

Winner123 · 79 Re: LOFC AND CLC Target Price?? Fri Aug 27, 2021 8:55 pm

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LOFC will fly first

Rational Investor · 80 Re: LOFC AND CLC Target Price?? Fri Aug 27, 2021 9:42 pm

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Winner123 wrote:LOFC will fly first

LOFC will appreciate too.

But my gut feeling says there will an another run from Monday onward with CLC after looking at the collection / crossing happened on or above Rs30/-.

Enter & exit if you are risk taker otherwise leave it.

කොටස් වෙළඳපොළ2020 · 81 Re: LOFC AND CLC Target Price?? Fri Aug 27, 2021 10:33 pm

කොටස් වෙළඳපොළ2020

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[size=30]Foreing purchases 2021-8-27[/size]
[size=30]LOFC 2601318[/size]

Hope123 · 82 Re: LOFC AND CLC Target Price?? Fri Aug 27, 2021 11:27 pm

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කොටස් වෙළඳපොළ2020 wrote:[size=30]Foreing purchases 2021-8-27[/size]
[size=30]LOFC 2601318[/size]

Thanks for the info.

Niwa · 83 Re: LOFC AND CLC Target Price?? Fri Aug 27, 2021 11:30 pm

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@CLC, it must not be just a pump and dump.,There should be a purpose. Share went to 38.80 and some ppl realized their profits and lots of transactions above 30. Some wanted to collect it at low and made some tricks to make a panic. Last 2 days over 6m trades. Relatively illiquid when compared with NIFL. NIFL went from 80 to 800 and settled around 400. Why can’t CLC go around 80 then come back and settle around 40, cause it cleared the board several times. No fundamentals at the moment, but with proposed amalgamation, there should be some values all these 3 shares, NIFL,LOFC,CLC. Let’s see in the next week.

Hawk Eye · 84 Re: LOFC AND CLC Target Price?? Sat Aug 28, 2021 2:57 pm

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Nimal Perera has also disclosed he followed Kanishka and earned profit. Hope he still holds CLC

Volume on LOFC and foreign purchases on Friday gives a signal that LOFC also going to appreciate

LOLC & BIL driven together last week while CLC & LOLC taking a rest from Wednesday, then CLC and LOFC driven up together from Monday to Wednesday.. this is how it had been happening I guess
meantime LOLC hotels also witnessed a run in this pandemic no tourist era

Taking all this info in to account and adding the Port City start building 3 / 5 towers in September, next week another level breaking run for LOLC shares. (LOLC BIL LOFC CLC) could be witnessed

with the 15bn Turnover on Friday Imthiaz expects we will step in to super September

Just sharing my views

sanjulanka · 85 Re: LOFC AND CLC Target Price?? Sat Aug 28, 2021 4:10 pm

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කනිෂ්කට මොකද උනේ..අපිට අලුත්ම තොරතුරු අහන්න ආසයි......

kanishkaecomm · 86 Re: LOFC AND CLC Target Price?? Sun Aug 29, 2021 11:41 am

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kanishkaecomm wrote:
Be patient, otherwise someone will take advantage of the precious opportunity you already have. Just be patient until your turn comes.

This is just a new beginning! Not the end.

Here I am!

ForeigNer · 87 Re: LOFC AND CLC Target Price?? Sun Aug 29, 2021 5:52 pm

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Its turned tables from tomorrow onward ....

My calculation is CLC to reach Rs 100/=

and

LOFC to reach RS 60 /= - Rs 70 /=

Hope123 · 88 Re: LOFC AND CLC Target Price?? Sun Aug 29, 2021 6:25 pm

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ForeigNer wrote:Its turned tables from tomorrow onward ....

My calculation is CLC to reach Rs 100/=

and

LOFC to reach RS 60 /= - Rs 70 /=

Wow,

SAGA · 89 Re: LOFC AND CLC Target Price?? Sun Aug 29, 2021 6:42 pm

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In my opinion ,CLC has more potential to going towards 100/= since it cleared the board several times and illiquid nature.but on LOFC I doubt.i see its movement similar to BIL .need big push to go high.fingers cross

Rational Investor · 90 Re: LOFC AND CLC Target Price?? Sun Aug 29, 2021 6:50 pm

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SAGA wrote:In my opinion ,CLC has more potential to going towards 100/= since it cleared the board several times and illiquid nature.but on LOFC I doubt.i see its movement similar to BIL .need big push to go high.fingers cross

No idea on LOFC.

But CLC yes , it should start the second wave from tomorrow onward. as it happened as major selling is now over and very easy to have upward movement. this may again attract few of HNWI just like the first wave. Play Safe clown

Hawk Eye · 91 Re: LOFC AND CLC Target Price?? Mon Aug 30, 2021 2:35 pm

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CLC illiquid becoming liquid now with heavy selling

the thread itself not to be seen active Wink

Hope123 · 92 Re: LOFC AND CLC Target Price?? Mon Aug 30, 2021 4:08 pm

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Despite we thought selling is over, It seems someone is still selling LOFC. It has traded more then to 19 Million today as well.

Rational Investor · 93 Re: LOFC AND CLC Target Price?? Tue Aug 31, 2021 12:10 pm

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CLC is heating up...

MarketGema · 94 Re: LOFC AND CLC Target Price?? Tue Aug 31, 2021 1:18 pm

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When LOLC was at 450- 460 Rupees LOFC was trading 11.70 - 12.50 rupees range, now LOLC is 600+ but LOFC is trading 10.40 - 10.60 for 3, 4 consecutive days. Can anyone explain it ? LOFC seems not to be correlated with LOLC anymore but BIL a counter.

Rational Investor · 95 Re: LOFC AND CLC Target Price?? Wed Sep 01, 2021 11:57 am

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CLC-Holding it nicely above Rs22. Cool

@Kanishkaecomm Your input would be greatly appreciated ?

kanishkaecomm · 96 Re: LOFC AND CLC Target Price?? Wed Sep 01, 2021 12:21 pm

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Rational Investor wrote:CLC-Holding it nicely above Rs22.

@Kanishkaecomm Your input would be greatly appreciated ?

Attend the upcoming 29th general meeting!
https://www.cse.lk/pages/company-profile/company-profile.component.html?symbol=CLC.N0000

Hawk Eye · 97 Re: LOFC AND CLC Target Price?? Wed Sep 01, 2021 6:09 pm

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If we take BIL+LOLC+LOFC turnover today its close to 3.84Bn

Waiting and waiting for the next CLC trigger above Rs.22.5

Those who are driving these shares if they just allocated Rs.2Bn for CLC @Rs 22.5 they can buy 88Mn shares, and if they buy at Avg price of Rs 30 they can buy 66Mn shares. If you take out the LOLC+BIL holding out you will find only 19Mn shares with others. So I could see they are very careful at this moment not driving up the price but collecting

Some post above stated that the 4th & 9th largest shareholder sold their shares justifying the stagnant nature.

if it start trading like BIL LOFC just Rs.2Bn turnover a day can take this share price somewhere . If you see the previous week total number of shares traded 47.4Mn between the price range 14.80 to 22.30

I note that whoever who traded this dont want to send this above the VWA week closing price Rs.22.30 and and not letting the price go below Rs.20 as well

Who can keep that much of selling pressure to retain the price at this levels around 20.50-22.50?? which gives a clue who it is

looking at the total LOLC group share price appreciations it scares a bit, but looks worth to take risk as no one has lost anywhere, unless hurried a bit.

So waiting to hop in to CLC run, probably next week along with LOFC.

Just my logical calculations shared to get your views

Winner123 · 98 Re: LOFC AND CLC Target Price?? Wed Sep 01, 2021 6:15 pm

Hawk Eye

Hawk Eye · 99 Re: LOFC AND CLC Target Price?? Wed Sep 01, 2021 7:21 pm

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Rational Investor · **100** Re: LOFC AND CLC Target Price?? Wed Sep 01, 2021 7:45 pm

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Hawk Eye wrote:If we take BIL+LOLC+LOFC turnover today its close to 3.84Bn

Waiting and waiting for the next CLC trigger above Rs.22.5

Those who are driving these shares if they just allocated Rs.2Bn for CLC @Rs 22.5 they can buy 88Mn shares, and if they buy at Avg price of Rs 30 they can buy 66Mn shares. If you take out the LOLC+BIL holding out you will find only 19Mn shares with others. So I could see they are very careful at this moment not driving up the price but collecting

Some post above stated that the 4th & 9th largest shareholder sold their shares justifying the stagnant nature.

if it start trading like BIL LOFC just Rs.2Bn turnover a day can take this share price somewhere . If you see the previous week total number of shares traded 47.4Mn between the price range 14.80 to 22.30

I note that whoever who traded this dont want to send this above the VWA week closing price Rs.22.30 and and not letting the price go below Rs.20 as well

Who can keep that much of selling pressure to retain the price at this levels around 20.50-22.50?? which gives a clue who it is

looking at the total LOLC group share price appreciations it scares a bit, but looks worth to take risk as no one has lost anywhere, unless hurried a bit.

So waiting to hop in to CLC run, probably next week along with LOFC.

Just my logical calculations shared to get your views

You nailed it HE. They are collecting the share the range of 21-22.5 while putting some sell above 23/23.5 make Suring the price will not dip below 20 also keep showing some selling pressure on the board .Clear indication of a potential run which will be a much stronger one than the previous one. cyclops

.I presume once other shares of LOLC group getting started cooling down the CLC will start their move. i too agree with you as the CMP should be doubled with CLC atleast.

Chithi · **101** Re: LOFC AND CLC Target Price?? Thu Sep 02, 2021 9:31 pm

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LOFC Alert

FY21 , PAT 4.5Bn, EPS 0.83
FY22F, PAT 9.5bn (Forecasted by CT), EPS can be forecasted between 1.7-2

Possible Valuations
1.7x10=17
1.7x15=25.5
1.7x20=34

LOFC is illiquid counter
Public holding 5% may be traded at higher PEs
1.7x30=51

Example
Dialog Finance illiquid counter
Trading at Higher PEs and 5x NAV

Once proposed IPO implemented and listed in Port City proposed Exchange with foreign currency denominated Exchange, Expectations are High

Not a B/S/H recommendation

Winner123 · **102** Re: LOFC AND CLC Target Price?? Sat Sep 04, 2021 11:01 am

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@Hawk Eye
I also feel that LOLC might not want to increase the clc price cos if its move beyond 40 levels the market capitalization will be close to EXPO. so that they will maintain the price at these levels. Yours thoughts pls.

SAGA · **103** Re: LOFC AND CLC Target Price?? Sat Sep 04, 2021 11:12 am

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What would happen if Mkt capitalization is closed to Expo?why they don't want to allow it.pls explain

Winner123 · **104** Re: LOFC AND CLC Target Price?? Sat Sep 04, 2021 11:19 am

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@SAGA Expo share price is mainly driven on earnings. But CLC what is the reason? Its mainly cos of low public holding.

SAGA · **105** Re: LOFC AND CLC Target Price?? Sat Sep 04, 2021 11:42 am

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So on the same note y NIFL went to 700?my dear winner123 ,there is a reason for such.one donky at a time they will take these 2 companies in Proposed LOLC Holdings (CLC and LOFC) to the sky.they will not deviate from their original road map.now already LOLC and NIFL in the territory of their price.next CLC.Remember companies Road maps will never change until they achieve their solid strategic targets.

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LOFC AND CLC Target Price??

76 Re: LOFC AND CLC Target Price?? Fri Aug 27, 2021 3:24 pm

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කොටස් වෙළඳපොළ2020

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