FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

AI CHAT

Latest topics

» Sri Lanka: Financial Sector Unsoundness Indicators - Q2 of 2023
by DeepFreakingValue Yesterday at 6:55 pm

» How will Non Performing Loans (NPL's) affect the Valuations of Banking Sector shares?
by DeepFreakingValue Yesterday at 5:34 pm

» ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000)
by Equity Win Thu Sep 28, 2023 9:55 am

» Growing interest for Port City Colombo from potential investors
by Shiranli Tue Sep 26, 2023 12:13 pm

» PROPERTY BUBBLE IS IMMINENT !
by sandamal Tue Sep 26, 2023 12:08 pm

» HOTEL AND TRAVEL SECTOR
by GOSL Tue Sep 26, 2023 10:35 am

» LOLC Group: Ready to be the Market Leaders!
by D.G.Dayaratne Mon Sep 25, 2023 6:35 pm

» TRADING SUSPENSION of NHL
by sandamal Mon Sep 25, 2023 11:10 am

» PRIME LANDS RESIDENCIES PLC (PLR.N0000)
by ashan silva Mon Sep 25, 2023 10:04 am

» LCBF Future
by ErangaDS Sun Sep 24, 2023 9:08 pm

» BUY EAST WEST
by skyfall Fri Sep 22, 2023 12:32 pm

» LAND AND PROPERTY SECTOR
by samansilva Fri Sep 22, 2023 1:36 am

» Prime Land Residencies (PLR. N0000) record phenomenal profits in 2Q2022
by rukshan1234 Thu Sep 21, 2023 10:57 pm

» PACK.NOOO will acquire another corrugated company Pending news
by atdeane Thu Sep 21, 2023 12:44 pm

» Sri Lanka: Movement of Treasury Bill Rates during 2023
by God Father Tue Sep 19, 2023 3:07 pm

» Good news for JAT Holdings- Agreement with China Harbour Engineering Company Ltd
by Anushka Perz Mon Sep 18, 2023 10:09 am

» එන සතියේ ලාභයක් ගන්න හොදයි කියලා හිතෙන කොටස් මොනවද?
by Walbaba Sun Sep 17, 2023 11:37 pm

» Sedora: The AI Assistant for the Colombo Stock Market
by Walbaba Sun Sep 17, 2023 11:31 pm

» Millennial Capital Youtube Channel
by MillennialC Sat Sep 16, 2023 9:46 pm

» EAST WEST PROPERTIES PLC
by soileconomy Sat Sep 16, 2023 7:24 am

LISTED COMPANIES

Submit Post
Poll

US$ EXCHANGE RATE PREDICTION 2023

LGL Growth Potential ? Vote_lcap9%LGL Growth Potential ? Vote_rcap 9% [ 26 ]
LGL Growth Potential ? Vote_lcap8%LGL Growth Potential ? Vote_rcap 8% [ 24 ]
LGL Growth Potential ? Vote_lcap16%LGL Growth Potential ? Vote_rcap 16% [ 47 ]
LGL Growth Potential ? Vote_lcap18%LGL Growth Potential ? Vote_rcap 18% [ 51 ]
LGL Growth Potential ? Vote_lcap16%LGL Growth Potential ? Vote_rcap 16% [ 47 ]
LGL Growth Potential ? Vote_lcap25%LGL Growth Potential ? Vote_rcap 25% [ 72 ]
LGL Growth Potential ? Vote_lcap7%LGL Growth Potential ? Vote_rcap 7% [ 19 ]

Total Votes : 286

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube


You are not connected. Please login or register

LGL Growth Potential ?

Go down  Message [Page 1 of 1]

nkuda

avatar
Manager - Equity Analytics
Manager - Equity Analytics

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

Share this post on: reddit

avatar

Post 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.

avatar

Post 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.

investor1984

Post 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.

avatar

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

LGL is good for long term

avatar

Post 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.

salt

Post 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.

avatar

Post 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

avatar

Post 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.

avatar

Post 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???

avatar

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

Article moved to the Expert Chamber

investor1984

Post 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

investor1984

Post Mon Sep 19, 2011 1:42 pm by investor1984

[quote="Quibit"]Article moved to the Expert Chamber[/quote


Why is that???? Is this that important QB ?????

Post  by Sponsored content

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum