LGL Growth Potential ?

nkuda

nkuda

Manager - Equity Analytics

Posts : 273
Equity Stars : 5432
Reputation : 11
Join date : 2011-02-19

LGL - Is this a neglected share these days which has potential to go in medium
term? Can we expect good financial performance in coming quarter reports? My streatergy is finding some neglected shares which has growth potential in Medium term Smile

Sun Sep 18, 2011 8:06 am by Jana1 · Sun Sep 18, 2011 8:06 am by Jana1

I also had the hope withLGL. But few qus cum to my mind.
1)Y they didn't submit F/report this qtr? As they r in Drisavi board they can submit every6 months. But so far they submitted every qtr.

2) They bought Gran at 220 level. So huge loss in their report.

Sun Sep 18, 2011 9:26 am by **worthiness** · Sun Sep 18, 2011 9:26 am by **worthiness**

This forum disclosed few dubious events of LGL that keep away some investors. Investment in GRAN could be a short term deficit but profitable investment in the long run. So long term investors may not consider that factor seriously.

Sun Sep 18, 2011 1:55 pm by investor1984 · Sun Sep 18, 2011 1:55 pm by investor1984

Jana1 wrote:I also had the hope withLGL. But few qus cum to my mind.
1)Y they didn't submit F/report this qtr? As they r in Drisavi board they can submit every6 months. But so far they submitted every qtr.

2) They bought Gran at 220 level. So huge loss in their report.

I still dont know whether its Laughs GAs or Laugh holding who bought GRAN @ that price, even if its the LGL who bought GRAN , i highly doubt whether its in their trading portfolio. They didnt submit their quarter report i think bcoz Mr Wega waited till LPG price increase 9 any way they have that freedom as they are in Diri Savi Board ), he will release a killer of a financial report in October 2011 , thats for sure.

Sun Sep 18, 2011 2:47 pm by ABEST · Sun Sep 18, 2011 2:47 pm by ABEST

LGL is good for long term

Sun Sep 18, 2011 3:21 pm by **hariesha** · Sun Sep 18, 2011 3:21 pm by **hariesha**

WEGA always prefer to give striking results. That’s why he hasn't released Q1 2012. With the price hike and relatively low gas prices in the World Market, he will declare some stunning results in mid OCT.

Sun Sep 18, 2011 5:12 pm by salt · Sun Sep 18, 2011 5:12 pm by salt

hariesha wrote:WEGA always prefer to give striking results. That’s why he hasn't released Q1 2012. With the price hike and relatively low gas prices in the World Market, he will declare some stunning results in mid OCT.

Yes, they would be happy to submit more balance report rathar than huge flucuation. That's why they have not issued it so far.

Sun Sep 18, 2011 6:24 pm by natsume · Sun Sep 18, 2011 6:24 pm by natsume

Jana1 wrote:I also had the hope withLGL. But few qus cum to my mind.
1)Y they didn't submit F/report this qtr? As they r in Drisavi board they can submit every6 months. But so far they submitted every qtr.

2) They bought Gran at 220 level. So huge loss in their report.

how come Gran's share price impact to the LGL's income statements, LGL income statement is only affected by the share of the profit of the Gran for the particular period
experts correct me if i am wrong

Sun Sep 18, 2011 6:42 pm by Jana1 · Sun Sep 18, 2011 6:42 pm by Jana1

natsume wrote:

Jana1 wrote:I also had the hope withLGL. But few qus cum to my mind.
1)Y they didn't submit F/report this qtr? As they r in Drisavi board they can submit every6 months. But so far they submitted every qtr.

2) They bought Gran at 220 level. So huge loss in their report.

how come Gran's share price impact to the LGL's income statements, LGL income statement is only affected by the share of the profit of the Gran for the particular period
experts correct me if i am wrong

P&L account wont get affect. The profit has to be recognised if such shares dispose only. But for valuation purpose they have to account in balance sheet. The shares valuation is cost or the mkt price whatever the least value.

Sun Sep 18, 2011 6:52 pm by Jana1 · Sun Sep 18, 2011 6:52 pm by Jana1

investor1984 wrote:

Jana1 wrote:I also had the hope withLGL. But few qus cum to my mind.
1)Y they didn't submit F/report this qtr? As they r in Drisavi board they can submit every6 months. But so far they submitted every qtr.

2) They bought Gran at 220 level. So huge loss in their report.

I still dont know whether its Laughs GAs or Laugh holding who bought GRAN @ that price, even if its the LGL who bought GRAN , i highly doubt whether its in their trading portfolio. They didnt submit their quarter report i think bcoz Mr Wega waited till LPG price increase 9 any way they have that freedom as they are in Diri Savi Board ), he will release a killer of a financial report in October 2011 , thats for sure.

I also had same doubt as FT published as it was Laugh holding. Only recently I realised from GRAN qtr report. Laugf gas limited hold 1mn shares. question is whether Laugf gas plc(LGL)= Laugf gas limited???

Sun Sep 18, 2011 11:47 pm by Quibit · Sun Sep 18, 2011 11:47 pm by Quibit

Article moved to the Expert Chamber

Mon Sep 19, 2011 1:41 pm by investor1984 · Mon Sep 19, 2011 1:41 pm by investor1984

Jana1 wrote:

natsume wrote:

Jana1 wrote:I also had the hope withLGL. But few qus cum to my mind.
1)Y they didn't submit F/report this qtr? As they r in Drisavi board they can submit every6 months. But so far they submitted every qtr.

2) They bought Gran at 220 level. So huge loss in their report.

how come Gran's share price impact to the LGL's income statements, LGL income statement is only affected by the share of the profit of the Gran for the particular period
experts correct me if i am wrong

P&L account wont get affect. The profit has to be recognised if such shares dispose only. But for valuation purpose they have to account in balance sheet. The shares valuation is cost or the mkt price whatever the least value.

P&L will get effected if those shares are in TRADING PORTFOLIO , trading portfolio has to mark to market