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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

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Latest topics

» CIFC Dumps to Expand Your Possibilities to Pass Your Exam
PLC.N0000 (People's Leasing and Finance PLC)  EmptyFri Jul 19, 2024 10:30 am by faithhharris

» CCS.N0000 ( Ceylon Cold Stores)
PLC.N0000 (People's Leasing and Finance PLC)  EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
PLC.N0000 (People's Leasing and Finance PLC)  EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
PLC.N0000 (People's Leasing and Finance PLC)  EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
PLC.N0000 (People's Leasing and Finance PLC)  EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
PLC.N0000 (People's Leasing and Finance PLC)  EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
PLC.N0000 (People's Leasing and Finance PLC)  EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
PLC.N0000 (People's Leasing and Finance PLC)  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
PLC.N0000 (People's Leasing and Finance PLC)  EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
PLC.N0000 (People's Leasing and Finance PLC)  EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
PLC.N0000 (People's Leasing and Finance PLC)  EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
PLC.N0000 (People's Leasing and Finance PLC)  EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
PLC.N0000 (People's Leasing and Finance PLC)  EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
PLC.N0000 (People's Leasing and Finance PLC)  EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
PLC.N0000 (People's Leasing and Finance PLC)  EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
PLC.N0000 (People's Leasing and Finance PLC)  EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
PLC.N0000 (People's Leasing and Finance PLC)  EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
PLC.N0000 (People's Leasing and Finance PLC)  EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
PLC.N0000 (People's Leasing and Finance PLC)  EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
PLC.N0000 (People's Leasing and Finance PLC)  EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
PLC.N0000 (People's Leasing and Finance PLC)  EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
PLC.N0000 (People's Leasing and Finance PLC)  EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
PLC.N0000 (People's Leasing and Finance PLC)  EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
PLC.N0000 (People's Leasing and Finance PLC)  EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
PLC.N0000 (People's Leasing and Finance PLC)  EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
PLC.N0000 (People's Leasing and Finance PLC)  EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
PLC.N0000 (People's Leasing and Finance PLC)  EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
PLC.N0000 (People's Leasing and Finance PLC)  EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
PLC.N0000 (People's Leasing and Finance PLC)  EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
PLC.N0000 (People's Leasing and Finance PLC)  EmptyFri Mar 10, 2023 10:38 am by yellow knife

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

» Bakery Products ?
PLC.N0000 (People's Leasing and Finance PLC)  EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
PLC.N0000 (People's Leasing and Finance PLC)  EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
PLC.N0000 (People's Leasing and Finance PLC)  EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
PLC.N0000 (People's Leasing and Finance PLC)  EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
PLC.N0000 (People's Leasing and Finance PLC)  EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
PLC.N0000 (People's Leasing and Finance PLC)  EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
PLC.N0000 (People's Leasing and Finance PLC)  EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
PLC.N0000 (People's Leasing and Finance PLC)  EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
PLC.N0000 (People's Leasing and Finance PLC)  EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
PLC.N0000 (People's Leasing and Finance PLC)  EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
PLC.N0000 (People's Leasing and Finance PLC)  EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
PLC.N0000 (People's Leasing and Finance PLC)  EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
PLC.N0000 (People's Leasing and Finance PLC)  EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
PLC.N0000 (People's Leasing and Finance PLC)  EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
PLC.N0000 (People's Leasing and Finance PLC)  EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
PLC.N0000 (People's Leasing and Finance PLC)  EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
PLC.N0000 (People's Leasing and Finance PLC)  EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
PLC.N0000 (People's Leasing and Finance PLC)  EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
PLC.N0000 (People's Leasing and Finance PLC)  EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

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smallville
කිත්සිරි ද සිල්වා
NIRMALSG
ruwan326
sanjulanka
Yin-Yang
xmart
Ethical Trader
Deegoda Gamage
HAL9000
Seyon
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Backstage
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nihal123
pathfinder
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HUNTER
yellow knife
27 posters

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

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

    Post by yellow knife 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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    Last edited by Admin on Wed Dec 25, 2019 7:59 pm; edited 1 time in total (Reason for editing : Standardised title)
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    PLC.N0000 (People's Leasing and Finance PLC)  Empty Re: PLC.N0000 (People's Leasing and Finance PLC)

    Post by yellow knife 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 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 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 Finance PLC)  Empty Re: PLC.N0000 (People's Leasing and Finance PLC)

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

    Revenue is above 20 billion mark

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

    PLC.N is also attractive to dividend hunters

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

    Post by yellow knife 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 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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    Post by yellow knife 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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    Post by yellow knife 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 Finance PLC)  Empty Re: PLC.N0000 (People's Leasing and Finance PLC)

    Post by yellow knife 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 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 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 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 Finance PLC)  Empty Re: PLC.N0000 (People's Leasing and Finance PLC)

    Post by HUNTER 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 Finance PLC)  Empty Re: PLC.N0000 (People's Leasing and Finance PLC)

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

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

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

    Good one YK very informative.+ from me Very Happy
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    Post by nihal123 Mon Aug 31, 2015 8:10 pm

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

    Post by Hybrid 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 Finance PLC)  Empty Re: PLC.N0000 (People's Leasing and Finance PLC)

    Post by Backstage 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 Finance PLC)  Empty Re: PLC.N0000 (People's Leasing and Finance PLC)

    Post by kass 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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