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Any Comment for LOLC

5 posters

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1Any Comment for LOLC  Empty Any Comment for LOLC Tue Sep 23, 2014 8:52 am

akilaprageeth


Stock Analytic
Stock Analytic

Any Comment for LOLC Share ?

2Any Comment for LOLC  Empty Re: Any Comment for LOLC Tue Sep 23, 2014 9:00 am

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

LOFC is the Best one

3Any Comment for LOLC  Empty Re: Any Comment for LOLC Tue May 26, 2015 11:30 am

kadik


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

active again....any dividend near by?????

4Any Comment for LOLC  Empty Re: Any Comment for LOLC Wed May 27, 2015 12:27 am

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

LOLC is in forefront with 43.14% stake or 72.9 mil of Non voting shares of SEYB. In 2014 they had 58,604,835 shares at a cost of Rs. 2,068,807,000/- (2.1 bil) so even if they sell this qty @ 120, they get a revenue of Rs. 7,032,580,200/- (7.0 bil) so the capital gain from this 58.6 mil share sale alone is 4,963,773,200 (4.96 bil).

LOLC can use this 4.96 Bil gain to retire some of the short term debts easily.

Anyways, considering the results for the March Qtr, I see they gained lower interest expenses. Even though impairment charges eaten into their results, they managed to record a 25% growth in EPS.

NAV is at 70.8, therefore Non-voting is trading at 1.1 PBV which is too low fora banking share. But that's X, so lets not hav big hopes for it. But N is also trading at 1.65 PBV, for it to have a meaningful value, 125-130 would not be a bad call. By 140 its reachin its value for current earnings @ 2X PBV.

One problem for them is PBIT reachin more than 2B annually. Cuz its subject to 25% super gain tax for 2014 earnings.
Therefore, they will have to pay a qtr's earnings for this. Estimated at 871Mn at group level.
If the bill is passed by next qtr results, they may report a way too low EPS deducting this amount.

Dr. Senthilverl also holds 1.51 mil voting shares thru Sampath Bank.

5Any Comment for LOLC  Empty Re: Any Comment for LOLC Wed May 27, 2015 3:38 pm

kadik


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Thanks Slstock..
Good run ahead....What will be the expected price range..

6Any Comment for LOLC  Empty Re: Any Comment for LOLC Wed May 27, 2015 5:37 pm

guruji

guruji
Manager - Equity Analytics
Manager - Equity Analytics

A attada who is this slstock not orgial one,this one promotes scrap shares be careful

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