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CIFL - LOFC -BIL - CLC - What will happen with the Banking stock run ..

+3
Jana
Redbulls
sanju351
7 posters

Go down  Message [Page 1 of 1]

sanju351

sanju351
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

CIFL-BIL-LOFC-BIL - Trading below their PBV and NAV ..I feel they might run with around .50 to 1 LKR ..
CIFL may again go beyond as the collectors at 10 -11 still having bid quantities ..

Experts and friends please share your thoughts what will happen ??

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

Around .50 or 1 LKR immediatly questionable. May be if the trend persist we can see?
By the way couldn't find your post and comments in RED days.

Jana

Jana
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

sanju351 wrote:CIFL-BIL-LOFC-BIL - Trading below their PBV and NAV ..I feel they might run with around .50 to 1 LKR ..
CIFL may again go beyond as the collectors at 10 -11 still having bid quantities ..

Experts and friends please share your thoughts what will happen ??


Look like CIFL some one try to put big Buy order @ 4.00 then selling @4.10 level putting his/her sell order by disclosed Qty. So may be try to disposed their Qty... Today I watch so many times ell order by disclosed Qty. any how I bought today 40000 @ 4.10 I believe some speculation with it very soon...

Jana

Jana
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

I thing I miss AEL today.. I tried to Buy @ 19.90 but I couldn't ... may be it will make move very soon.. may be tomorrow..

hettdas

hettdas
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

What I suggest is BIL among those. It is very good diversified company. GREG bought recently at 5.50. PBV is very low. It has potential to pass even 10.

Hanoifortune

Hanoifortune
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Cifl is a very old company established in 1966.The share is currently traded below its Nav. I expect it to trade over the last highest of Rs 11.80 (Q312) by this/next quarter. It’s IPO highest was Rs 10.50(Q411). I have already collected over 300000 shares and waiting patiently.

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

CIFL is struggling ....
LOFC is ok but the share was split was so excessive to ensure that small changes in the stock resulted in massive market cap changes...

Hanoifortune

Hanoifortune
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

rainmaker wrote:CIFL is struggling ....
LOFC is ok but the share was split was so excessive to ensure that small changes in the stock resulted in massive market cap changes...

If you study the history of LOFC trading, the price would go down further.
Pls see the highest price of last few quarters

Dec/11-10.90
Mar/12-8.90
Jun/12-4.50
Sep/12-5.40
Dec/12-4.70
Mac/13-??

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

That's true. But the difference between LOFC and others is that LOFC is a cash cow and others aren't. LOFC has a profitable loan book.

What I was trying to say is that as of recently a lot of businessman like to have cheap shares in massive quantity.... hence ordinary can afford it and speculate on it. Since a lot of shares are on issue, a small change in the share price has a big impact on the market cap.

Hanoifortune

Hanoifortune
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

rainmaker wrote:That's true. But the difference between LOFC and others is that LOFC is a cash cow and others aren't. LOFC has a profitable loan book.

What I was trying to say is that as of recently a lot of businessman like to have cheap shares in massive quantity.... hence ordinary can afford it and speculate on it. Since a lot of shares are on issue, a small change in the share price has a big impact on the market cap.
Noted. have to re work my pf

hashan2012

hashan2012
Manager - Equity Analytics
Manager - Equity Analytics

cifl capital trust loku seller kenek innava>man hitanne seller ada ivra kale quantity ti eka monday run ekak tiyevi .

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