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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » The fate of NIFL .. CLC .. LOFC under LOCH

The fate of NIFL .. CLC .. LOFC under LOCH

+16
Chathur
Noah
Equity Win
Sunimal
Sapudev
svkiruba8@gmail.com
Kethy
abey
Rational Investor
Elite_SGX
stockchaser
Shivanthini
Bakka1988
Jay-Jay
Niwa
ForeigNer
20 posters

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1The fate of   NIFL ..  CLC ..  LOFC  under  LOCH Empty The fate of NIFL .. CLC .. LOFC under LOCH Sun Oct 17, 2021 12:02 pm

ForeigNer

ForeigNer
Senior Equity Analytic
Senior Equity Analytic

The fate of  NIFL ..  CLC ..  LOFC under LOCH  ...!

 
With the most awaited listing of LOCH last Friday, many newly joined investors made inquiries on the fate of LOCH ,  including the “trio” of NIFL , CLC , LOFC .
 
Coming up Next would be,
-  Transferring of NIFL shares to LOCH on (or before) 29th October 2021.
-  Expected transferring of  CLC shares to LOCH in mid-November 2021.
-  Expected transferring of LOFC in December 2021.
 
Parallel to above,
-  Listing of LOLC ASIA in Singapore stock market.
-  Making of LOCH under LOLC ASIA.
-  EDEN to go under LOLC ASIA. ( my assumption )
 
Icing the Cake,
-  USD 181 Mn PRASAC funds and finalized CAMBODIA’s second transaction worth         
   USD 650 Mn (altogether USD 831 Mn) is to be transferred into LOCH.
-  IPO of LOCH ? or LOLC ASIA?  most probably in USD terms expected.

         
Coming back to the question? what would be the fate of,

NIFL  :
As per the available information from the Market-Floor,  99% of the NIFL’s “free float” had been already bought and if any investor wants to buy 1000 shares of the counter, a high premium has to be paid in the coming 8 market days.
It is expected by experienced investors that the price of NIFL would be doubled just before the transfer date due to the illiquidity and high demand factors.
Moreover,  reliable sources confirmed a possible Mandatory Offer in the evening of the transfer date, which in turn push the market price of the counter to my original prediction.   [ XXXX @ 1.2 ]

 
CLC  :
With the hike in the price of NIFL in the next couple of weeks, many Brokers expect a “ Gold Rush “ in the CLC counter. CLC holds almost 50% of the NIFL counter.  Also in the context of tiny free-float available in the Market ( barely 0.05 % ) price of the CLC is expected to jump up in multiples within a very short period of time, making a historical impact on the Market Capitalization.

Last Thursday and on Friday, many Brokers tried to fetch “Parcels” of the counter but end up in vain.

As per some reliable information, one particular Brokering firm tried all other firms for “ quantities “  but couldn’t collect the requirement. 

Without calculating the prevailing demand for the counter, brokering firm CT , (making another blunder just as did on EDEN @ 12/= )   unloaded nearly 800,000 shares to the market last Thursday, making many hungry investors delighted especially a party known to me who collected some 500,000 of the bundle,  in the price range of 31 – 33 . Further, last Friday became a happy Friday for a particular Brokering Firm as they managed to grab a parcel of 400,000 below 33/=, and that transaction was described as a “Jackpot win” by an expert Broker sighting the high demand expected in the next couple of weeks.

Many retailers suspect that the price of CLC should be half the price of NIFL which reflects the 50% holding in NIFL .
There is a high possibility of divesting 30% of the counter to a Foreign party, once the LOLC ASIA is listed in Singapore and LOCH is brought under that international umbrella.

Considering all facts, I reiterate my original TP for CLC.  [ XXX @ 3.5 ]

 
LOFC  :
LOFC is the most fundamentally strong share when comparing the above Trio.  This counter will surprise the market in the future as much investor-friendly news is expected amid strong foreign participation.  
A special comprehensive post will be done on this counter at a later date.



.

Niwa, Chithi, Jay-Jay, Rational Investor, blindhog, Bakkabwoi, Sunimal and like this post

Niwa


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Hmmm.. All well ends well!. Thanks for explanation.

stockchaser, Shivanthi_D and Sapudev like this post

Jay-Jay

Jay-Jay
Manager - Equity Analytics
Manager - Equity Analytics

@ForeigNer wrote:
Without calculating the prevailing demand for the counter, brokering firm CT , (making another blunder just as did on EDEN @ 12/= )   unloaded nearly 800,000 shares to the market last Thursday, making many hungry investors delighted especially a party known to me who collected some 500,000 of the bundle,  in the price range of 31 – 33 .


Grate news ,  One Big Player a friend of mine was so reluctant to enter into the CLC last week because of this CT volume they held.  Now there are no big sellers anymore .. can see the intense buying pressure from tomorrow onwards. 



......

stockchaser likes this post

Bakka1988

Bakka1988
Manager - Equity Analytics
Manager - Equity Analytics

@Jay-Jay wrote:
@ForeigNer wrote:
Without calculating the prevailing demand for the counter, brokering firm CT , (making another blunder just as did on EDEN @ 12/= )   unloaded nearly 800,000 shares to the market last Thursday, making many hungry investors delighted especially a party known to me who collected some 500,000 of the bundle,  in the price range of 31 – 33 .


Grate news ,  One Big Player a friend of mine was so reluctant to enter into the CLC last week because of this CT volume they held.  Now there are no big sellers anymore .. can see the intense buying pressure from tomorrow onwards. 



......
Definitely yes that was finished

Shivanthini

Shivanthini
Equity Analytic
Equity Analytic

Once the LOCH goes under LOLC ASIA , all other country operations such as PHILLIPINES , PAKISTAN , SOUTH AFRICAN , etc... will also come into the basket of LOCH .

That'll be a huge + factor for LOCH .

stockchaser


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

@Shivanthini wrote:Once the LOCH goes under LOLC ASIA , all other country operations such as PHILLIPINES , PAKISTAN , SOUTH AFRICAN , etc... will also come into the basket of LOCH .

That'll be a huge + factor for LOCH .
Who asked from you ? Laughing Laughing Laughing

Elite_SGX

Elite_SGX
Senior Equity Analytic
Senior Equity Analytic

Welcome to SINGAPORE .......  LOCH ....... !!!!

.

Jay-Jay

Jay-Jay
Manager - Equity Analytics
Manager - Equity Analytics

rumour is that an announcement to be received at any moment on NIFL share transfer .

CLC seems to be highly sensitive to that news .


.

Rational Investor

Rational Investor
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics



CLC  :
With the hike in the price of NIFL in the next couple of weeks, many Brokers expect a “ Gold Rush “ in the CLC counter. CLC holds almost 50% of the NIFL counter.  Also in the context of tiny free-float available in the Market ( barely 0.05 % ) price of the CLC is expected to jump up in multiples within a very short period of time, making a historical impact on the Market Capitalization.
Last Thursday and on Friday, many Brokers tried to fetch “Parcels” of the counter but end up in vain.
As per some reliable information, one particular Brokering firm tried all other firms for “ quantities “  but couldn’t collect the requirement. 
Without calculating the prevailing demand for the counter, brokering firm CT , (making another blunder just as did on EDEN @ 12/= )   unloaded nearly 800,000 shares to the market last Thursday, making many hungry investors delighted especially a party known to me who collected some 500,000 of the bundle,  in the price range of 31 – 33 . Further, last Friday became a happy Friday for a particular Brokering Firm as they managed to grab a parcel of 400,000 below 33/=, and that transaction was described as a “Jackpot win” by an expert Broker sighting the high demand expected in the next couple of weeks.
Many retailers suspect that the price of CLC should be half the price of NIFL which reflects the 50% holding in NIFL .
There is a high possibility of divesting 30% of the counter to a Foreign party, once the LOLC ASIA is listed in Singapore and LOCH is brought under that international umbrella.
Considering all facts, I reiterate my original TP for CLC.  [ XXX @ 3.5 ]
 

Well poised to trade on new ATH price from tomorrow onward. Tried breaking the major resistance at Rs39/- but could not succeed. Once it break (most probably tomorrow) it will trade above Rs40s in no time.
 
Good Volume has already traded above Rs35/-.The fate of   NIFL ..  CLC ..  LOFC  under  LOCH Clc_te10

Niwa, Sunimal and Sapudev like this post

abey


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

CLC is to be order book clear many time santa santa santa                                                                                                                                                                                                                                    NOW 38 NEXT ............ 50...............  XXX cheers cheers cheers flower santa

Sapudev likes this post

Jay-Jay

Jay-Jay
Manager - Equity Analytics
Manager - Equity Analytics

@abey wrote:CLC is to be order book clear many time santa santa santa                                                                                                                                                                                                                                    NOW 38 NEXT ............ 50...............  XXX cheers cheers cheers flower santa


according to the Brokers lot of pre-trading orders have been received by today morning for CLC .


a huge buying pressure will be witnessed in the morning.


have to agree with your statement.


.

abey likes this post

Shivanthini

Shivanthini
Equity Analytic
Equity Analytic

@ForeigNer wrote:
The fate of  NIFL ..  CLC ..  LOFC under LOCH  ...!
NIFL  :
As per the available information from the Market-Floor,  99% of the NIFL’s “free float” had been already bought and if any investor wants to buy 1000 shares of the counter, a high premium has to be paid in the coming 8 market days.
It is expected by experienced investors that the price of NIFL would be doubled just before the transfer date due to the illiquidity and high demand factors.
Moreover,  reliable sources confirmed a possible Mandatory Offer in the evening of the transfer date, which in turn push the market price of the counter to my original prediction.   [ XXXX @ 1.2 ]
 

NIFL ;

good buying saw on the NIFL counter today .  its not more than 35,000 shares in the market I heard .

according to the few rumours, I heard NIFL might start to fly tomorrow onwards .


price could go over four digits with the illiquidity ( as I was told )
.

abey likes this post

Kethy

Kethy
Equity Analytic
Equity Analytic

@Shivanthini wrote:
@ForeigNer wrote:
The fate of  NIFL ..  CLC ..  LOFC under LOCH  ...!
NIFL  :
 

NIFL ;

good buying saw on the NIFL counter today .  its not more than 35,000 shares in the market I heard .

according to the few rumours, I heard NIFL might start to fly tomorrow onwards .


price could go over four digits with the illiquidity ( as I was told )
.


80% of the 35,000 already booked by retailers as per my broker.

so I am expecting a huge appreciation in the price by tomorrow noon.

.

Jay-Jay

Jay-Jay
Manager - Equity Analytics
Manager - Equity Analytics

today also an announcement on PAK OMAN microfinance.

day by day the interest and the value for LOCH is increasing .


today will be a good day for LOCH shares specially  NIFL ..!  as NIFL will the first entity to be transferred to LOCH .


.

svkiruba8@gmail.com


Manager - Equity Analytics
Manager - Equity Analytics

Any idea on LOFC LAST traded on 9.80 little bit price come down 10.10 huge buying pressure on any expert plz advice !!! Still straggling on 9.80 to 10.10!!! Huge selling order

Jay-Jay

Jay-Jay
Manager - Equity Analytics
Manager - Equity Analytics

NIFL trades

on 21st   -  6.688
on 22nd  -   8,758

Toatal shares in last two days =  15,446


Free float in the market is around 35,000 shares .


So half of the freefloat had been traded on last two days. 

NIFL could be starting the ATH run from tomorrow onwards.

Sapudev

Sapudev
Equity Analytic
Equity Analytic

@Jay-Jay wrote:NIFL trades

on 21st   -  6.688
on 22nd  -   8,758

Toatal shares in last two days =  15,446


Free float in the market is around 35,000 shares .


So half of the freefloat had been traded on last two days. 

NIFL could be starting the ATH run from tomorrow onwards.



according to the volume today we can expect NIFL to make some fireworks.

.

Shivanthini

Shivanthini
Equity Analytic
Equity Analytic

both NIFL and CLC awaiting the Disclosure ...  ! !

its 4 more days .. . .

Kethy

Kethy
Equity Analytic
Equity Analytic

Disclosure must be close by ,  CLC buying like crazy .   over 75% buying in the Cash-Map .

Sunimal

Sunimal
Senior Equity Analytic
Senior Equity Analytic

මන්ද පමා ? ...

Equity Win


Manager - Equity Analytics
Manager - Equity Analytics

Be patient,  we want to collect more

Kethy

Kethy
Equity Analytic
Equity Analytic

lot of foreign buying seen yesterday.   its a good sign .

Jay-Jay

Jay-Jay
Manager - Equity Analytics
Manager - Equity Analytics

It's two (2) more days left for the announcement. 

buying pressure is increasing rapidly.  CLC may reach ATH .

Jay-Jay

Jay-Jay
Manager - Equity Analytics
Manager - Equity Analytics

expecting the NIFL disclosure today .

Sunimal

Sunimal
Senior Equity Analytic
Senior Equity Analytic

@Jay-Jay wrote:expecting the NIFL disclosure today .

They must have postponed it since people have been telling that since last few weeks.  Rolling Eyes

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