PLC.N0000 (People's Leasing and Finance PLC)
- BackstageTop contributor
- Posts : 3803
Join date : 2014-02-24
Re: PLC.N0000 (People's Leasing and Finance PLC)
- nis2008
- Posts : 283
Join date : 2015-05-28
Re: PLC.N0000 (People's Leasing and Finance PLC)
- First Guy
- Posts : 2599
Join date : 2014-02-22
Re: PLC.N0000 (People's Leasing and Finance PLC)
- LeonTop contributor
- Posts : 1264
Join date : 2014-03-11
Re: PLC.N0000 (People's Leasing and Finance PLC)
First Guy wrote:Price has come down to 20.50/- with directors buying and some heavy trading (selling?)
FG
For PLC this directors buying IDK. He was in the buying side all time.
- LSETech Contributor
- Posts : 1321
Join date : 2014-06-04
Re: PLC.N0000 (People's Leasing and Finance PLC)
In brief better to enter below 20. Technically this can come down further, Can expect a good support around 20.00 following are my next target levels.
Next levels will be,
S1 --->>> 19.67
S2 --->>> 18.73
S3 --->>> 16.13
Thank You
- yellow knifeTop contributor
- Posts : 6980
Join date : 2014-03-27
Re: PLC.N0000 (People's Leasing and Finance PLC)
- LSETech Contributor
- Posts : 1321
Join date : 2014-06-04
Re: PLC.N0000 (People's Leasing and Finance PLC)
You've done a great job on this. Thank you very much...
yellow knife wrote:thanx LSE
- SeyonTop contributor
- Posts : 268
Join date : 2014-04-03
Re: PLC.N0000 (People's Leasing and Finance PLC)
LSE wrote:Dear Friends,
In brief better to enter below 20. Technically this can come down further, Can expect a good support around 20.00 following are my next target levels.
Next levels will be,
S1 --->>> 19.67
S2 --->>> 18.73
S3 --->>> 16.13
Thank You
Thanks LSE for your updates
But i am expecting it might go up. I heard that there was foreign seller kept on selling last couple of weeks. Yesterday it was witnessed nearly 10Mn shares were changed hand. I think selling might over.
Expecting good quarter results with atleast 25 growth and dividend of Rs.75 in December
- HUNTERTop contributor
- Posts : 1935
Join date : 2014-07-14
Re: PLC.N0000 (People's Leasing and Finance PLC)
I would consider PLC as a very special case-study right now; a kind of bullish divergence.
The earnings during past two years show a very stable growing trend; which usually attract buyers and make the price to move up.
Here is the graphical view of the earnings trend.
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However, in the market, the price pattern shows a downward movement.
See the chart below.
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So, how can we explain this and use it for our advantage?
One explanation could be; the 2014 rally may have brought PLC to some 'over priced' level and now it is going through a correction period.
Another explanation could be; there may be some big holder wants to exit thus keep on selling and by doing so bringing the price down.
Whatever the explanation, by looking at the earnings and price trends, I see some good opportunity for swing traders as well long term investors.
There are strong support levels near 20 and near 16.
Earnings suggest me 20/ will be the bottom of the down swing this time.
Therefore, unless some major 'mix-up' takes place in country's financial situation, 20/ will be a great buy for traders to exit at 25/ and investors to keep at least for another 18 months.
- yellow knifeTop contributor
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Join date : 2014-03-27
Re: PLC.N0000 (People's Leasing and Finance PLC)
This is something which I like.
Now if we read the thread from the beginning it start with past performance analysis, next current situation and now Technical analysis.
Just imagine if we can keep this kind of development for each share for 20 years ahead what a record we have for each share..
Thanx Hunter.. You are an asset to this forum
- BackstageTop contributor
- Posts : 3803
Join date : 2014-02-24
Re: PLC.N0000 (People's Leasing and Finance PLC)
yellow knife wrote:Thanx Hunter
This is something which I like.
Now if we read the thread from the beginning it start with past performance analysis, next current situation and now Technical analysis.
Just imagine if we can keep this kind of development for each share for 20 years ahead what a record we have for each share..
Thanx Hunter.. You are an asset to this forum
Forum NAV is on the up.
- yellow knifeTop contributor
- Posts : 6980
Join date : 2014-03-27
Re: PLC.N0000 (People's Leasing and Finance PLC)
DailyFT
4th Nov 2015
- yellow knifeTop contributor
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Re: PLC.N0000 (People's Leasing and Finance PLC)
- yellow knifeTop contributor
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Join date : 2014-03-27
Re: PLC.N0000 (People's Leasing and Finance PLC)
PEOPLE'S LEASING & FINANCE PLC
Company ID: - PLC
Date of Announcement: - 15.Dec.2015
Rate of Dividend: - Rs.0.75 per share / Interim Dividend
Financial Year: - 2015/2016
XD: - 28.Dec.2015
Payment: - 07.Jan.2016
Share Transfer Book Open
- yellow knifeTop contributor
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Join date : 2014-03-27
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)
I posted many comments on this matter many many full moons ago and still they have not come up with a formula.
The ingredients of the formula should be:
- Weighted average oil price per barrel for a period based on actual contracts
- Weighted average USD/ LKR exchange rate based on FCY contracts with banks
- Opening / Closing stocks of purchased oil (centralized)
- Waste / Conversion factor cost
- Import Duties & tariffs
- Distribution & Logistics Costs
- Taxes
Rate = Total cost of imports divided by total oil imported during period.
Maybe there are some other hidden costs that are not mentioned above but should be included in the conversion costs.
- yellow knifeTop contributor
- Posts : 6980
Join date : 2014-03-27
Re: PLC.N0000 (People's Leasing and Finance PLC)
Shall we move out to LIOC.N and discuss above
- HAL9000Top contributor
- Posts : 1402
Join date : 2014-08-11
Location : Colombo
Re: PLC.N0000 (People's Leasing and Finance PLC)
Quarterly EPS- 0.77
Nine months cumulative- 2.25
NAV coming closer to 15
Annual EPS reaching 3 range. PLC has a lavish dividend policy of 50 % payout ratio. Good dividend yield with the current price of 20.
- yellow knifeTop contributor
- Posts : 6980
Join date : 2014-03-27
Re: PLC.N0000 (People's Leasing and Finance PLC)
Not a single individual... Its all consist of best funds including Norges Petroleum Fund.
1. [You must be registered and logged in to see this link.]
2. [You must be registered and logged in to see this link.]
People’s Bank
1,184,896,862
75.00
2
BNYM SA/NV-Neon Liberty Lorikeet Master Fund LP
63,069,853
3.99
3
Employees Provident Fund
47,720,324
3.02
4
National Savings Bank
43,668,157
2.76
5
HSBC Intl Nom Ltd - SSBT -Wasatch Frontier Emerging Small Countries Fund
23,267,100
1.47
6
Citi Bank Newyork S/A Norges Bank Account 2
16,775,303
1.06
7
Bank of Ceylon No. 1 Account
11,453,600
0.72
8
BNYM SA/NV-Frontier Market Opportunities Master FD,L.P.
10,150,000
0.64
9
BNY-CF Ruffer Investment Funds: CF Ruffer Pacific Fund
10,000,000
0.63
10
Northern Trust Company S/A Ashmore Emerging Markets Frontier Equity Fund
8,183,492
0.52
11
AIA Insurance Lanka PLC A/C No. 07
5,276,721
0.33
12
Ceylon Investment PLC A/C # 01
4,954,891
0.31
13
BNYM SA/NV-NLCF Fund LP
4,916,003
0.31
14
Sri Lanka Insurance Corporation Ltd - General Fund
4,033,000
0.26
15
BNYM SA/NV-Frontier Market Select Fund II L.P.
3,846,608
0.24
16
Union Assurance PLC/No - 01A/C
3,821,672
0.24
17
CB NY S/A Wasatch Frontier Emerging Small Countries CIT Fund
3,732,745
0.24
18
Northern Trust Global Services Ashmore Sicav Emerging Markets Frontier Equity Fund
2,383,305
0.15
19
Deutsche Bank AG as Trustee to Candor Growth Fund
2,368,804
0.15
20
Employees Trust Fund Board
2,356,087
0.15
- First Guy
- Posts : 2599
Join date : 2014-02-22
Re: PLC.N0000 (People's Leasing and Finance PLC)
Impairment is bit strange. They have added impairment this time while before they deducted it.
After June 2014, last quarter has shown the lowest profit before impairments
- yellow knifeTop contributor
- Posts : 6980
Join date : 2014-03-27
Re: PLC.N0000 (People's Leasing and Finance PLC)
Thus we have a nice collection of info on PLC.N under one thread and hope very soon we will have such well written threads on each share...
- Deegoda Gamage
- Posts : 203
Join date : 2014-03-22
Re: PLC.N0000 (People's Leasing and Finance PLC)
- HAL9000Top contributor
- Posts : 1402
Join date : 2014-08-11
Location : Colombo
Re: PLC.N0000 (People's Leasing and Finance PLC)
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Now this is interesting, private sector leasing companies have to go door by door and market their products with effort. PLC and BoC ( MBSL also ? ) get there piece of cake witb ease.
- Ethical TraderTop contributor
- Posts : 5568
Join date : 2014-02-28
Re: PLC.N0000 (People's Leasing and Finance PLC)
yellow knife wrote: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..
- chutiputhaTop contributor
- Posts : 1948
Join date : 2014-11-09
Age : 37
Location : SL
Re: PLC.N0000 (People's Leasing and Finance PLC)
Ah there are some more financial institute like BOC
Most of Solders salaries going BOC.and More Loan schemes the promoted over it.
Ethical Trader wrote:In addition, PLC enjoys near monopoly in the government sector transactions like leasing buses to CTB and some concessions not available to other finance companies.yellow knife wrote: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..