The Investor Sentiment - Equity and investments forum for Sri Lankans



Join the forum, it's quick and easy

The Investor Sentiment - Equity and investments forum for Sri Lankans

The Investor Sentiment - Equity and investments forum for Sri Lankans

Would you like to react to this message? Create an account in a few clicks or log in to continue.
The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting

Latest topics

» CCS.N0000 ( Ceylon Cold Stores)
LOLC Holdings EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
LOLC Holdings EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
LOLC Holdings EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
LOLC Holdings EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
LOLC Holdings EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
LOLC Holdings EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
LOLC Holdings EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
LOLC Holdings EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
LOLC Holdings EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
LOLC Holdings EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
LOLC Holdings EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
LOLC Holdings EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
LOLC Holdings EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
LOLC Holdings EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
LOLC Holdings EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
LOLC Holdings EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
LOLC Holdings EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
LOLC Holdings EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
LOLC Holdings EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
LOLC Holdings EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
LOLC Holdings EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
LOLC Holdings EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
LOLC Holdings EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
LOLC Holdings EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
LOLC Holdings EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
LOLC Holdings EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
LOLC Holdings EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
LOLC Holdings EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
LOLC Holdings EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
LOLC Holdings EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
LOLC Holdings EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
LOLC Holdings EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
LOLC Holdings EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
LOLC Holdings EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
LOLC Holdings EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
LOLC Holdings EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
LOLC Holdings EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
LOLC Holdings EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
LOLC Holdings EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
LOLC Holdings EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
LOLC Holdings EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
LOLC Holdings EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
LOLC Holdings EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
LOLC Holdings EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
LOLC Holdings EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
LOLC Holdings EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
LOLC Holdings EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
LOLC Holdings EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
LOLC Holdings EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

» DV-2024 Program: Online Registration
LOLC Holdings EmptyThu Oct 06, 2022 11:26 am by කිත්සිරි ද සිල්වා

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

+10
NIRMALSG
serene
Admin
Herath
nuwanmja
WRRKUMARA
LSE
subash
smallville
The Invisible
14 posters

    LOLC Holdings

    The Invisible
    The Invisible


    Posts : 3116
    Join date : 2016-11-28
    Age : 44

    LOLC Holdings Empty LOLC Holdings

    Post by The Invisible Tue Dec 31, 2019 10:37 am

    Hello forum what are you doing with this stock.

    No one has written anything on this stock even after the announcement of divestment.

    I am really surprised why no one bothered to talk about this stock which has moved from 113 to 194 this month.

    [You must be registered and logged in to see this link.]
    The Invisible
    The Invisible


    Posts : 3116
    Join date : 2016-11-28
    Age : 44

    LOLC Holdings Empty Re: LOLC Holdings

    Post by The Invisible Tue Dec 31, 2019 10:42 am

    LOLC current NAV is 180 and the share price soars to the same level within the space of few weeks. Also LOLC has been the pulling factor for CSE in the last few days if not the ASPI would have been down to 6050 level by now.

    So anyone has any views on this stock and whether the current price has value for investors please share.
    smallville
    smallville
    Top contributor
    Top contributor


    Posts : 1872
    Join date : 2014-02-23
    Location : Trying to figure out..

    LOLC Holdings Empty Re: LOLC Holdings

    Post by smallville Wed Jan 01, 2020 1:06 pm

    On this news share price reached 194 and came down to 177.

    What u think?
    The Invisible
    The Invisible


    Posts : 3116
    Join date : 2016-11-28
    Age : 44

    LOLC Holdings Empty Re: LOLC Holdings

    Post by The Invisible Thu Jan 02, 2020 10:30 am

    I can see some selling pressure after a huge buying pressure which is natural. Anyway the future price depends on how the proposed deal going to impact the key valuation parameters such as NAV & sustainable EPS. For the moment the proposed deal can have a significant impact on the stock's NAV and company's cashflow position.
    The Invisible
    The Invisible


    Posts : 3116
    Join date : 2016-11-28
    Age : 44

    LOLC Holdings Empty Re: LOLC Holdings

    Post by The Invisible Thu Jan 02, 2020 10:40 am

    My gut feeling is that around 165-170 range is a reasonable one to establish new positions.
    smallville
    smallville
    Top contributor
    Top contributor


    Posts : 1872
    Join date : 2014-02-23
    Location : Trying to figure out..

    LOLC Holdings Empty Re: LOLC Holdings

    Post by smallville Thu Jan 02, 2020 5:24 pm

    I also entered .. lets see Very Happy
    avatar
    subash


    Posts : 91
    Join date : 2015-10-19

    LOLC Holdings Empty Re: LOLC Holdings

    Post by subash Thu Jan 02, 2020 5:45 pm

    The Invisible wrote:My gut feeling is that around 165-170 range is a reasonable one to establish new positions.

    Today came to 165, will it go down further ?
    LSE
    LSE
    Tech Contributor
    Tech Contributor


    Posts : 1321
    Join date : 2014-06-04

    LOLC Holdings Empty Re: LOLC Holdings

    Post by LSE Fri Jan 03, 2020 9:40 am

    Yes. It will ... next will be 150...
    avatar
    WRRKUMARA


    Posts : 90
    Join date : 2014-05-19

    LOLC Holdings Empty Re: LOLC Holdings

    Post by WRRKUMARA Fri Jan 03, 2020 11:28 am

    Very Happy Very Happy
    avatar
    subash


    Posts : 91
    Join date : 2015-10-19

    LOLC Holdings Empty Re: LOLC Holdings

    Post by subash Fri Jan 03, 2020 11:55 am

    Today some buying above 170
    LSE
    LSE
    Tech Contributor
    Tech Contributor


    Posts : 1321
    Join date : 2014-06-04

    LOLC Holdings Empty Re: LOLC Holdings

    Post by LSE Fri Jan 03, 2020 12:59 pm

    New comers better to avoid jumping at the top. Be caution at this stage. study study study
    nuwanmja
    nuwanmja


    Posts : 87
    Join date : 2019-02-20
    Age : 33
    Location : Gampaha

    LOLC Holdings Empty Re: LOLC Holdings

    Post by nuwanmja Fri Jan 03, 2020 2:53 pm

    LSE wrote:New comers better to avoid jumping at the top. Be caution at this stage. study study study

    Can you enlighten us with next support resistance values like you do AEL.
    avatar
    Herath


    Posts : 9
    Join date : 2020-01-03

    LOLC Holdings Empty Re: LOLC Holdings

    Post by Herath Fri Jan 03, 2020 9:49 pm

    *Korea’s Kookmin Bank to buy stake in LOLC Sri Lanka’s PRASAC for US$603mn; Based on revised estimates, capital gain for LOLC could be c. LKR 121/share*



    According to the Korea Herald newspaper, Korea’s Kookmin Bank will buy a 70% stake in PRASAC Microfinance, a unit of Sri Lanka’s LOLC, for USD 603mn, a report said.



    Based on available public information, LOLC Holdings has a 70% effective holding in PRASAC International (through LOLC International Singapore) whilst CAL’s estimates indicate that net assets of PRASAC Cambodia would be close to c.USD 407mn.



    Hence, the capital gain from the transaction attributable to LOLC Holdings would be LKR 57.6bn (USD 318mn) translating into a per share gain of LKR 121/share. Consequent to the transaction, the NAVPS of LOLC would be close to LKR 310/share.
    avatar
    Herath


    Posts : 9
    Join date : 2020-01-03

    LOLC Holdings Empty Re: LOLC Holdings

    Post by Herath Fri Jan 03, 2020 9:53 pm

    So once foreign selling dried up, will move ahead to 225+ and their future plans are widely support the price movement. Last financials they had the benefit from bil capital gain,.
    avatar
    subash


    Posts : 91
    Join date : 2015-10-19

    LOLC Holdings Empty Re: LOLC Holdings

    Post by subash Fri Jan 03, 2020 11:47 pm

    Thanks Herath
    avatar
    Admin
    Admin


    Posts : 565
    Join date : 2014-02-22

    LOLC Holdings Empty Re: LOLC Holdings

    Post by Admin Sat Jan 04, 2020 8:10 am

    Herath wrote:*Korea’s Kookmin Bank to buy stake in LOLC Sri Lanka’s PRASAC for US$603mn; Based on revised estimates, capital gain for LOLC could be c. LKR 121/share*



    Based on available public information, LOLC Holdings has a 70% effective holding in PRASAC International (through LOLC International Singapore) whilst CAL’s estimates indicate that net assets of PRASAC Cambodia would be close to c.USD 407mn.



    Hence, the capital gain from the transaction attributable to LOLC Holdings would be LKR 57.6bn (USD 318mn) translating into a per share gain of LKR 121/share. Consequent to the transaction, the NAVPS of LOLC would be close to LKR 310/share.

    Are these your calculations or you got from somewhere?
    avatar
    Herath


    Posts : 9
    Join date : 2020-01-03

    LOLC Holdings Empty Re: LOLC Holdings

    Post by Herath Sat Jan 04, 2020 10:11 am

    Calculation has been done by CAL.
    avatar
    Admin
    Admin


    Posts : 565
    Join date : 2014-02-22

    LOLC Holdings Empty Re: LOLC Holdings

    Post by Admin Sat Jan 04, 2020 12:43 pm

    Herath wrote:Calculation has been done by CAL.

    Latest Book value per share at company level is 109/- if 120/- per share gain is added it is only 229/-

    Request members to be cautious on 310/- value
    avatar
    Herath


    Posts : 9
    Join date : 2020-01-03

    LOLC Holdings Empty Re: LOLC Holdings

    Post by Herath Sat Jan 04, 2020 7:01 pm

    Based on their interim report NAV is 179 (Group NAv as of sep 2019)+ 121 (Capital Gain)+ current quarter EPS (around 10/=). So 310/= will be the NAV of the group. [You must be registered and logged in to see this image.]
    avatar
    Admin
    Admin


    Posts : 565
    Join date : 2014-02-22

    LOLC Holdings Empty Re: LOLC Holdings

    Post by Admin Sun Jan 05, 2020 7:48 am

    Herath wrote:Based on their interim report NAV is 179 (Group NAv as of sep 2019)+ 121 (Capital Gain)+ current quarter EPS (around 10/=). So 310/= will be the NAV of the group. [You must be registered and logged in to see this image.]

    Capital gain will be on company level. Not group level.
    avatar
    serene
    Top contributor
    Top contributor


    Posts : 4850
    Join date : 2014-02-26

    LOLC Holdings Empty Re: LOLC Holdings

    Post by serene Sun Jan 05, 2020 11:09 am

    Admin wrote:
    Herath wrote:Based on their interim report NAV is 179 (Group NAv as of sep 2019)+ 121 (Capital Gain)+ current quarter EPS (around 10/=). So 310/= will be the NAV of the group. [You must be registered and logged in to see this image.]

    Capital gain will be on company level. Not group level.

    Admin Company means LOLC internatiol da?
    So what is the gain at Group level.
    What we should focus on is Group levels effect.
    179 + what ever the gain in Group level.
    Shouldn't we?
    avatar
    Herath


    Posts : 9
    Join date : 2020-01-03

    LOLC Holdings Empty Re: LOLC Holdings

    Post by Herath Sun Jan 05, 2020 12:54 pm

    This capital gain will be reflected at group level.
    avatar
    Admin
    Admin


    Posts : 565
    Join date : 2014-02-22

    LOLC Holdings Empty Re: LOLC Holdings

    Post by Admin Sun Jan 05, 2020 9:20 pm

    serene wrote:

    Admin Company means LOLC internatiol da?
    So what is the gain at Group level.
    What we should focus on  is Group levels effect.
      179 + what ever the gain in Group level.
                                     Shouldn't we?

    I wish someone will explain better. I hope to do only Admin/moderator duties.

    You can consider either group or company depending on how you want to look. A member discussed similar event for COLO.

    LOLC Holdings invested in Prasac though LOLC International. That investment is has a carrying value. This investment is sold. Capital gain is on this investment by the company (holding company). Group Book value won't go up by company level capital gain. Anyone please correct if I am wrong.
    avatar
    Herath


    Posts : 9
    Join date : 2020-01-03

    LOLC Holdings Empty Re: LOLC Holdings

    Post by Herath Mon Jan 06, 2020 8:44 am

    LOLC jumps to sixth slot in value on CSE
    Comments / 185 Views / Monday, 6 January 2020 01:07

    TwitterFacebookWhatsApp
    Sharp rise in share price propels financial services-rich conglomerate above Cold Stores, HNB, Nestlé, Sampath Bank and SLT
    LOLC Holdings PLC has jumped to sixth place in terms of value on the Colombo stock market, following sharp gains of its share price in past two weeks.

    With Rs. 80.92 billion in market capitalisation, LOLC Holdings has overtaken Cold Stores, HNB, Nestlé, Sampath Bank and Sri Lanka Telecom in market rankings.

    It is yet behind Distilleries, the value of which is Rs. 82.8 billion. With DIST slipping in its price last week, most analysts expect LOLC Holdings to rise further this week.

    With much speculation on its true value, LOLC has however a long way to go to knock down the big guns, i.e. the number one blue chip JKH, at Rs. 216.3 billion, and second-ranked Ceylon Tobacco (CTC), at Rs. 205.1 billion. Apart from DIST, Commercial Bank, which is ranked fourth with Rs. 91.3 billion, and Dialog, at Rs. 104.2 billion, are other stocks ranked above LOLC Holdings.

    A fortnight ago, the 52-week highest share price of LOLC was Rs. 133.90. As at end November 2019, with shares at Rs. 117.50, LOLC Holdings’ market capitalisation was Rs. 55.8 billion, and last week’s closing reflects an increase of Rs. 25 billion.

    Given the impending Rs. 108 billion deal on the sale of a controlling stake in a subsidiary—Cambodia’s number one micro finance company (PRASAC)—to a Korean giant, investors have taken early value and trading positions on LOLC Holdings boosting its share price. The market, however, is still waiting for full disclosure.

    The rise began during the week ended 27 December 2019, with LOLC Holdings’ share price gaining by Rs. 19 or 15% to close at Rs. 145.70. It hit an intra-week high of Rs. 148.90. That week saw 1.07 million shares of LOLC change hands via 1,261 trades, generating Rs. 150.5 million turnover.

    Last week, the share price peaked to its highest of Rs. 194.90, before settling at Rs. 170.30, still up by Rs. 24.60 or 17%. The week saw 4.25 million LOLC Holdings shares change hands via 6,576 for a Rs. 746.6 million turnover.

    Over 80% shareholding of LOLC Holdings PLC is controlled by Deputy Chairman Ishara Nanayakkara and related parties. Its public float is 15%, held by 2,766 shareholders. As at 30 September 2019, the public float adjusted market capitalisation was Rs. 8.9 billion.

    Driven partly by speculation, last week’s league of top five gainers percentage-wise was dominated by LOLC Group firms - Eden Hotel Lanka (15.6%), Browns Investments (15%) and Browns PLC (14.7%). LOLC Holdings accounted for 25% of the week’s turnover of Rs. 750 million, followed by 21% by Browns Investment. LOLC was mostly foreign selling, amounting to 1 million shares.
    LSE
    LSE
    Tech Contributor
    Tech Contributor


    Posts : 1321
    Join date : 2014-06-04

    LOLC Holdings Empty Re: LOLC Holdings

    Post by LSE Mon Jan 06, 2020 12:17 pm

    nuwanmja wrote:
    LSE wrote:New comers better to avoid jumping at the top. Be caution at this stage. study study study

    Can you enlighten us with next support resistance values like you do AEL.

    @nuwanmja

    Following are the next support and resistance levels identified for LOLC

    Be Caution Guys

    Resistance Level 3 --->>> 191.40
    Resistance Level 2 --->>> 182.10
    Resistance Level 1 --->>> 170.50


    ------------------------------------------------------------------------------------

    Support Level 1 --->>> 165.00
    Support Level 2 --->>> 144.70

    Support Level 3 --->>> 125.00



      Current date/time is Sat Jun 22, 2024 8:32 am