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GROSS DOMESTIC PRODUCT (GDP)
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LGL Growth Potential ? 
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.
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.
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.
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.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
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???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.
Jana1 wrote: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.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
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