In the context of the ongoing “ Bull Trap “ of EXPO , well experienced+prudent investors may seek the next best opportunity available in the Market.
The best option is to enter into the LOLC group’s selected counters is my view .
( there is a second opportunity in the JKH counter yet many doubts on Foreign Selling which could be triggered when the price moves upwards )
Upcoming events of the LOLC group :
- Incorporation of LOLC CEYLON ( NIFL + CLC + LOFC )
- USD 180 Mn balance payment from PRASAC sale will be received by Nov/2021
- Expected share split of LOLC.N0000 ( assume it will be either 1:10 or 1:15 )
- Pending announcements from EDEN
- Acquiring of a few Finance companies and Hotels from the local market.
- BIL + Port City + agreements with China
- LOLC ASIA in Singapore completes 5 years in business by 1st of November 2021 and to be
listed in Singapore Stock Market in early 2022 . LOLC CEYLON will float under LOLC ASIA
which eventually will be the world’s best microfinance providing company.
- Finalization of sale of the other Finance entity in CAMBODIA ( expected price of sale USD
650 Mn )
- Bottom line contribution expected from the Ethanol business in Sierra Leone .
(LOLC will be the second-largest natural ethanol producer in the world Y 2022 )
- Lucrative returns are expected from the GOLD mining business started in Zimbabwe .
- Expansion of Graphine business. ( mining plus value addition )
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BIL will reach its ATH with the commencement of Port City and a handful of acquisitions ( both Local & Foreign ) to be taken place in the near future.
EDEN to reach its ATH with some pending news with regard to some foreign assets disposal/acquisitions.
Many wondered about the hiked price of NIFL which had a run from Rs 40/- to Rs 700/- a few months back. The Illiquidity nature of the counter and the news published about the formation of LOLC CEYLON caused the sudden rally by then and expect a repetition sooner .
When considering the strategic plan of forming of the LOLC CEYLON and the LOLC ASIA, it is obvious that the share prices of NIFL , CLC and LOFC to shoot up, towards Sky, in near future, making many retailers rich to richer. The price of NIFL might reach to a four-digit figure ( X,XXX/=) while both other counters CLC & LOFC might reach to three-digit figures . ( XXX/=)
Due to the illiquidity nature of CLC counter , there is a high possibility of gathering a “photocopy” like upward momentum, just as NIFL did earlier, clearing the Board many days continuously.
LOFC is to attract some foreign investors while its journey towards the all-time-high.
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Meanwhile …..
Many ask the question that if the logistic business is such lucrative ….. why not LOLC venture into that segment ?
Yet again I ask myself …… “ Why not LOLC acquire an international logistic company and float under the LOLC ASIA” ?
Maybe in time to come ….. !
;-)
.