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» රාජ්‍ය සමාගම් කොටස් වෙළෙඳපොළට ගෙන ආ යුතුයි
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyToday at 8:13 pm by Lee Goh

» Equation of Happiness Solved
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyToday at 5:23 pm by Backstage

» How to get Access to: 104 Technical trading experiments by HUNTER
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyToday at 4:19 pm by HUNTER

» තැරැව්කාර සමාගමකට එරෙහිව කොටස් වෙළෙඳපොළ විනය ක්‍රියාමාර්ග ගනී
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyToday at 12:31 pm by Rana

» Gota's Era
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyToday at 9:39 am by කිත්සිරි ද සිල්වා

» PABC.N0000 (Pan Asia Banking Corporation PLC)
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyYesterday at 6:41 pm by soileconomy

» East West properties
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyYesterday at 10:01 am by LSE

» COMB.N0000 ( COMMERCIAL BANK OF CEYLON PLC )
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptySun Dec 08, 2019 11:07 pm by spw19721

» MHDL Millennium Housing
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptySat Dec 07, 2019 12:35 pm by pure equity

» පොළී මුදලාලිලාට බලපත්‍ර ක්‍රමයක් හඳුන්වා දෙන්න තීරණයක්
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyFri Dec 06, 2019 11:33 pm by Backstage

» Dividend Announcement
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyFri Dec 06, 2019 10:10 pm by subash

» Colombo US Embassy Air Pollution
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyFri Dec 06, 2019 11:20 am by Ethical Trader

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PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyFri Dec 06, 2019 5:24 am by soileconomy

» SINHAPUTHRA FINANCE PLC (SFL.N0000)
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyThu Dec 05, 2019 9:26 pm by The Invisible

» Land & Property sector chart
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyThu Dec 05, 2019 6:27 am by dhanurrox

» සිමෙන්ති මිල පහළට
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyWed Dec 04, 2019 7:05 pm by nihal123

» සුරැකුම්පත් කොමිසමට නව සභාපතිවරයෙක්
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyWed Dec 04, 2019 7:04 pm by nihal123

» පාස්කු ප්‍රහාරයෙන් පසු වැඩිම සංචාරක පැමිණීම නොවැම්බරයේ දී
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyWed Dec 04, 2019 7:02 pm by nihal123

» Flying is the Safest mode of Transport
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyWed Dec 04, 2019 10:37 am by කිත්සිරි ද සිල්වා

» OSEA .N
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyTue Dec 03, 2019 3:36 pm by dakzsl

» LIOC.N0000 (Lanka IOC PLC)
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyTue Dec 03, 2019 11:39 am by LSE

» Hayleys MGT
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyTue Dec 03, 2019 10:10 am by The Invisible

» Sri Lanka insurer regulatory capital drop with new accounting rules
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyTue Dec 03, 2019 9:19 am by The Invisible

» Thread for News on CSE and SL Economy
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyTue Dec 03, 2019 9:18 am by The Invisible

» Lanka Tiles
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptySun Dec 01, 2019 8:43 pm by soileconomy

» ACL Cables
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyFri Nov 29, 2019 11:12 am by The Invisible

» RENUKA AGRI FOODS PLC ( RAL.N0000 )
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyThu Nov 28, 2019 6:04 am by sureshot

» SEYB.N0000 ( SEYLAN BANK PLC )
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyThu Nov 28, 2019 4:17 am by soileconomy

» Thought for the day...
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyTue Nov 26, 2019 7:40 pm by share1

» An Attitude Adjustment
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyTue Nov 26, 2019 12:36 pm by Backstage

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PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyTue Nov 26, 2019 11:00 am by The Invisible

» Sri Lanka cement production picks up
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyTue Nov 26, 2019 9:22 am by Topcat

» Thread for News on Local and Foreign Politics
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyTue Nov 26, 2019 7:04 am by The Invisible

» SEC Chief says ready to hand over baton
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyMon Nov 25, 2019 8:12 pm by ruwan326

» Technology~විද්‍යාව ~ Wisdom
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyMon Nov 25, 2019 8:36 am by ruwan326

» The Theatre | Best movies to Watch
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptySun Nov 24, 2019 5:18 pm by spw19721

» SHL.N0000 (Softlogic Holdings PLC)
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptySun Nov 24, 2019 9:44 am by The Invisible

» An individual in pursuit of a porcupine found dead in a burrow
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyThu Nov 21, 2019 11:41 am by Backstage

» GLAS.N0000 (PIRAMAL GLASS CEYLON PLC)
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyThu Nov 21, 2019 7:51 am by ruwan326

» APLA.N0000 (ACL PLASTICS PLC)
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyWed Nov 20, 2019 11:03 pm by nesta

» භාරකාර ආණ්ඩුවක් හෙට
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyWed Nov 20, 2019 7:19 pm by nihal123

» ඇඟට නොදැනී ප්‍රතිඋත්තර දෙන හැටි
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyWed Nov 20, 2019 9:28 am by ruwan326

» මගේ කියවීම ...
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyWed Nov 20, 2019 8:28 am by yellow knife

» How the silence on this !
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyTue Nov 19, 2019 5:40 pm by Backstage

» ප්‍රතිඵලේ මොකක් උනත් ජ්යෝතිෂය සත්‍ය වෙන හැටි දැක්කද?
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyMon Nov 18, 2019 9:15 am by ruwan326

» ඇයි අප්සට් ද?
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptySat Nov 16, 2019 4:57 pm by chutiputha

» ගෝඨාට ඉල්ලන්න බෑලු
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptySat Nov 16, 2019 7:18 am by ruwan326

» සෞභාග්‍යතා දර්ශකයේ ඉහළ යාමක්
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyFri Nov 15, 2019 1:54 pm by nihal123

» Puolanka The most pessimistic town
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyFri Nov 15, 2019 1:14 pm by Backstage

» SAMP.N0000 (SAMPATH BANK PLC)
PLC.N0000 ( People's Leasing and Fiance PLC)  EmptyThu Nov 14, 2019 5:13 am by NIRMALSG

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PLC.N0000 ( People's Leasing and Fiance PLC)

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PLC.N0000 ( People's Leasing and Fiance PLC)  Empty PLC.N0000 ( People's Leasing and Fiance PLC)

Post by yellow knife on Mon Aug 31, 2015 5:20 pm

This company started as a fully owned subsidiary of People's Bank to cater into Indian Lien of Credit to lease Ashok Leyland buses.

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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Post by yellow knife on Mon Aug 31, 2015 5:22 pm

When compared with Central Finance there is a clear winning edge for the company since 2011

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Post by yellow knife on Mon Aug 31, 2015 5:22 pm

EPS curve also confirm this clear change of PLC since 2011

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Post by yellow knife on Mon Aug 31, 2015 5:24 pm

PAT also confirm the same drastic change since 2011

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PLC.N0000 ( People's Leasing and Fiance PLC)  Empty Re: PLC.N0000 ( People's Leasing and Fiance PLC)

Post by yellow knife on Mon Aug 31, 2015 5:25 pm

Revenue is above 20 billion mark

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Post by yellow knife on Mon Aug 31, 2015 5:26 pm

Revenue growth of CFIN was a steady line but PLC has improved substantially after 2011

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Post by yellow knife on Mon Aug 31, 2015 5:28 pm

Before 2010 revenue of both PLC and CFIN was more closely knit

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Post by yellow knife on Mon Aug 31, 2015 5:29 pm

PE ratio of the company was often attractive until foreign buying started towards the company. Most of the time its top twenty list is without individual investors and purely by institutional investors..

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Post by yellow knife on Mon Aug 31, 2015 5:30 pm

The spread between highest price and lowest price during a specific period ( for an year) was high enough to attract traders as well.

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Post by yellow knife on Mon Aug 31, 2015 5:31 pm

PLC.N is also attractive to dividend hunters

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Post by yellow knife on Mon Aug 31, 2015 5:35 pm

Following causes can be identified as causes behind sudden positive change since 2011

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..

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Post by yellow knife on Mon Aug 31, 2015 5:39 pm

As mentioned in NBFI thread its Fitch rating Lanka PLC rating confirms the sound financial situation of the company

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PLC.N0000 ( People's Leasing and Fiance PLC)  Empty Re: PLC.N0000 ( People's Leasing and Fiance PLC)

Post by yellow knife on Mon Aug 31, 2015 5:41 pm

NBFI sector maintain sound capital adequacy ratios and PLC and CIFN situation is shown below..

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PLC.N0000 ( People's Leasing and Fiance PLC)  Empty Re: PLC.N0000 ( People's Leasing and Fiance PLC)

Post by yellow knife on Mon Aug 31, 2015 5:48 pm

NPL ratio of PLC is proving the quality credit and it stood 25% up compared to last year but form the industry standard its one of the best.

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

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PLC.N0000 ( People's Leasing and Fiance PLC)  Empty Re: PLC.N0000 ( People's Leasing and Fiance PLC)

Post by yellow knife on Mon Aug 31, 2015 6:01 pm

Page 23 of 2015 annual report reveal

" 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.

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Post by yellow knife on Mon Aug 31, 2015 6:07 pm

PLC has been increasing the number of branches in 2013 drastically and the results is yet to be seen.

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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Post by yellow knife on Mon Aug 31, 2015 6:10 pm

No of employees has been rising in a steady rate

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Post by yellow knife on Mon Aug 31, 2015 6:15 pm

For the first time I came across of calculating profit per employee in this company's annual report and that value is maintained around 3 Million

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PLC.N0000 ( People's Leasing and Fiance PLC)  Empty Re: PLC.N0000 ( People's Leasing and Fiance PLC)

Post by HUNTER on Mon Aug 31, 2015 6:44 pm

Brilliant YK +

Profit per employee looks interesting.
Probably a good indicator to judge some government managed businesses.
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PLC.N0000 ( People's Leasing and Fiance PLC)  Empty Re: PLC.N0000 ( People's Leasing and Fiance PLC)

Post by chutiputha on Mon Aug 31, 2015 6:48 pm

Thank U YK Sir...+++
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PLC.N0000 ( People's Leasing and Fiance PLC)  Empty Re: PLC.N0000 ( People's Leasing and Fiance PLC)

Post by pathfinder on Mon Aug 31, 2015 7:22 pm

Good one YK very informative.+ from me Very Happy
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PLC.N0000 ( People's Leasing and Fiance PLC)  Empty Re: PLC.N0000 ( People's Leasing and Fiance PLC)

Post by nihal123 on Mon Aug 31, 2015 8:10 pm

Thanks YK +
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PLC.N0000 ( People's Leasing and Fiance PLC)  Empty Re: PLC.N0000 ( People's Leasing and Fiance PLC)

Post by Hybrid on Mon Aug 31, 2015 9:42 pm

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.




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PLC.N0000 ( People's Leasing and Fiance PLC)  Empty Re: PLC.N0000 ( People's Leasing and Fiance PLC)

Post by Backstage on Mon Aug 31, 2015 10:00 pm

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.
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PLC.N0000 ( People's Leasing and Fiance PLC)  Empty Re: PLC.N0000 ( People's Leasing and Fiance PLC)

Post by kass on Tue Sep 01, 2015 10:49 pm

Thsnks YK. PLC is the market leader in leasing I guess. good company for long term players
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