PLC.N0000 (People's Leasing and Finance PLC)
- yellow knifeTop contributor
- Posts : 6980
Join date : 2014-03-27
PLC.N0000 (People's Leasing and Finance PLC)
Company had a perfect change in three phases.. Once as a private limited liability company , next as a limited liability and next as a listed company.
The information provided after 2011 is important for investors as IPO came in 2011. Unfortunately timing of IPO was not perfect. It was the aftermath of CSE bubble thus the share which came to market at 18 fell down continuously until 11.
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- yellow knifeTop contributor
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Join date : 2014-03-27
Re: PLC.N0000 (People's Leasing and Finance PLC)
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- yellow knifeTop contributor
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Re: PLC.N0000 (People's Leasing and Finance PLC)
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- yellow knifeTop contributor
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Re: PLC.N0000 (People's Leasing and Finance PLC)
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- yellow knifeTop contributor
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Re: PLC.N0000 (People's Leasing and Finance PLC)
- yellow knifeTop contributor
- Posts : 6980
Join date : 2014-03-27
Re: PLC.N0000 (People's Leasing and Finance PLC)
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- yellow knifeTop contributor
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Re: PLC.N0000 (People's Leasing and Finance PLC)
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- yellow knifeTop contributor
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Re: PLC.N0000 (People's Leasing and Finance PLC)
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- yellow knifeTop contributor
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Re: PLC.N0000 (People's Leasing and Finance PLC)
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- yellow knifeTop contributor
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Re: PLC.N0000 (People's Leasing and Finance PLC)
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- yellow knifeTop contributor
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Re: PLC.N0000 (People's Leasing and Finance PLC)
1. IPO which generated zero cost funds of Rs 8 Billion or the second highest IPO in Sri Lanka
2. Company was geared to grab the opportunity of sudden increase of vehicle registration
3. Company is not into land, gold and many other financial activities where other NBFIs into..
- yellow knifeTop contributor
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Re: PLC.N0000 (People's Leasing and Finance PLC)
- yellow knifeTop contributor
- Posts : 6980
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Re: PLC.N0000 (People's Leasing and Finance PLC)
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- yellow knifeTop contributor
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Join date : 2014-03-27
Re: PLC.N0000 (People's Leasing and Finance PLC)
PLC's NPL ratio for 2015 is 2.72% when the industry (NBFI) rate is 6.9%.
CFIN's NPL ratio for 2015 has risen by 36% to reach 4.53%.
Sector-wise NPL has risen by 20% for the financial year ending March 2015
- yellow knifeTop contributor
- Posts : 6980
Join date : 2014-03-27
Re: PLC.N0000 (People's Leasing and Finance PLC)
" People's Insurance prepares to meet the imminent transition withing the changing regulatory framework. the propose listing on the Colombo Stock Exchange is scheduled to take off by the end of 2015 and the risk based capital model will be implemented by 2016 as a mandate requirement."
PLC.N own Fleet Management, Micro Fiance, Property and Insurance as subsidiaries. Listing of People's Insurance which is ranking number 5th of non-life insurance for the third consecutive year, will make the performance attractive further.
- yellow knifeTop contributor
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Join date : 2014-03-27
Re: PLC.N0000 (People's Leasing and Finance PLC)
One concept of marketing is the moment supplier increase the availability ( no of branches) and affordability ( less rates, leasing for registered vehicles, etc) its revenue goes up
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- yellow knifeTop contributor
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Re: PLC.N0000 (People's Leasing and Finance PLC)
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- yellow knifeTop contributor
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Re: PLC.N0000 (People's Leasing and Finance PLC)
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- HUNTERTop contributor
- Posts : 1935
Join date : 2014-07-14
Re: PLC.N0000 (People's Leasing and Finance PLC)
Profit per employee looks interesting.
Probably a good indicator to judge some government managed businesses.
- chutiputhaTop contributor
- Posts : 1948
Join date : 2014-11-09
Age : 37
Location : SL
Re: PLC.N0000 (People's Leasing and Finance PLC)
- pathfinderTop contributor
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Join date : 2014-02-23
Re: PLC.N0000 (People's Leasing and Finance PLC)
- nihal123Top contributor
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Age : 58
Location : Waga
Re: PLC.N0000 (People's Leasing and Finance PLC)
- Hybrid
- Posts : 745
Join date : 2015-02-03
Location : Colombo
Re: PLC.N0000 (People's Leasing and Finance PLC)
this share is worth for the LT holding and could make a massive capital gain if one is patient.
- BackstageTop contributor
- Posts : 3803
Join date : 2014-02-24
Re: PLC.N0000 (People's Leasing and Finance PLC)
Hybrid wrote:This company is doing well and has also taperred down its interest rates on deposits. As YK quite correctly mentioned, the financials are improving QOQ and the trend continues.
this share is worth for the LT holding and could make a massive capital gain if one is patient.
May I add, a strong parent in PB and a dividend hungry one to boot.
- kassTop contributor
- Posts : 470
Join date : 2014-02-27