LOLC Group's stunning performance goes beyond numbers!

samaritan

samaritan

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HIGHEST EARNINGS FOR 3rd Qtr (Q3/24) at CSE

1. LOLC.N - Rs 28.97 billion

2. BIL.N - Rs 21.07 billion

3. LOFC.N - Rs 10.14 billion

LOLC Holdings EPS for Q3/24 - Rs 61/87

Riz123

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samaritan wrote:HIGHEST EARNINGS FOR 3rd Qtr (Q3/24) at CSE

1. LOLC.N - Rs 28.97 billion

2. BIL.N - Rs 21.07 billion

3. LOFC.N - Rs 10.14 billion

LOLC Holdings EPS for Q3/24 - Rs 61/87

We are fully loaded, Don't miss the bus this time its started the journey

D.G.Dayaratne

D.G.Dayaratne

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Ishara Nanayakkara is best FINANACIAL VIZARD IN SRILAKA.

WE HAVE TO FOLLOW HIM CAREFULY AND PROTECT OUR INTEREST

Chamath1980 · 4 Look deeper into the performance ! Thu Mar 07, 2024 1:54 pm

Chamath1980

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Dear Members,

There is a lot of manipulation going on with these shares. Evil or Very Mad

Please look deeper into the financial performance to understand, study

The average investor or even accountant will not understand the "Creative accounting" they have used to state these supernormal profits. scratch

Mark my warning, The "stock market mafia is back"

They are collecting funds for the upcoming elections.

There will be a lot of pump and dump schemes upcoming,

please be alert.

If a share is moving not on fundamentals, do not get caught.

Riz123

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Chamath1980 wrote:Dear Members,

There is a lot of manipulation going on with these shares.

Please look deeper into the financial performance to understand,

The average investor or even accountant will not understand the "Creative accounting" they have used to state these supernormal profits.

Mark my warning, The "stock market mafia is back"

They are collecting funds for the upcoming elections.

There will be a lot of pump and dump schemes upcoming,

please be alert.

If a share is moving not on fundamentals, do not get caug

LOFC group has done this quarter superbly, that’s what this share is moving upward

Beyondsenses

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මම මොකුත් නොකියා ඉන්නම් මේ වෙලාවේ Rolling Eyes

Beyondsenses

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Beyondsenses wrote:මම මොකුත් නොකියා ඉන්නම් මේ වෙලාවේ

LOFC made decent financial progress in Dec 2023.
Is it enough to justify undervaluation on the shares issued? Rolling Eyes

EPS

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LOLC - NAV 618/-
09 Months ended EPS 68

Chamath1980

Chamath1980

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Please understand the fundamentals.

LOFC QOQ reduction in Earnings.
LOFC YOY reduction in Earnings.

LOOK DEEPLY INTO THE LOLC accounts.

Revenue has reduced.
Gross profit has reduced.

So how has the company made such a huge profit ?

A combination of "Creative accounting" involving a reduction in net impairment creating 5 Billion LKR in profit and results on acquisition and divestment of Group investments. This has generated close to 16 Billion LKR favorably for the profit and loss.

The Mafia is heavily advertising using stock brokers and marketing agencies the "Profit" aspect showing these companies made huge profits to attract the uneducated investors.

Please study for yourselves and see, if what i'm saying is true or false.

Do not fall for these traps.

blindhog

blindhog

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Just look the NPL Ratio Comparison.

LOLC Group's stunning performance goes beyond numbers! 110

bkasun

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Why aren't you analyzing the LOLC Group's net asset growth over the past 5+ years and their expansion strategies beyond current boundaries?

Merely looking in to the book profits doesn't provide a comprehensive gauge of the company's potential.

High-weight conglomerates in the market, such as LOLC, JKH, Hayleys, BIL, should initiate movement to catalyze the overall market's momentum.

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LOLC Group's stunning performance goes beyond numbers!

1 LOLC Group's stunning performance goes beyond numbers! Mon Feb 19, 2024 10:57 am

samaritan

2 Re: LOLC Group's stunning performance goes beyond numbers! Mon Mar 04, 2024 1:19 pm

Riz123

3 Re: LOLC Group's stunning performance goes beyond numbers! Wed Mar 06, 2024 8:06 am

D.G.Dayaratne

4 Look deeper into the performance ! Thu Mar 07, 2024 1:54 pm

Chamath1980

5 Re: LOLC Group's stunning performance goes beyond numbers! Thu Mar 07, 2024 2:00 pm

Riz123

6 Re: LOLC Group's stunning performance goes beyond numbers! Thu Mar 07, 2024 7:00 pm

Beyondsenses

7 Re: LOLC Group's stunning performance goes beyond numbers! Thu Mar 07, 2024 7:08 pm

Beyondsenses

8 Re: LOLC Group's stunning performance goes beyond numbers! Thu Mar 07, 2024 11:03 pm

EPS

9 Re: LOLC Group's stunning performance goes beyond numbers! Fri Mar 08, 2024 2:46 pm

Chamath1980

10 Re: LOLC Group's stunning performance goes beyond numbers! Fri Mar 08, 2024 3:11 pm

blindhog

11 Re: LOLC Group's stunning performance goes beyond numbers! Sun Mar 10, 2024 7:21 pm

bkasun

12 Re: LOLC Group's stunning performance goes beyond numbers!

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