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

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» ACCESS ENGINEERING PLC (AEL) Will pass IPO Price of Rs 25 ?????
by blindhog Thu Apr 11, 2024 10:44 am

» ASPI: Undoing GR/Covid19!
by DeepFreakingValue Thu Apr 11, 2024 10:25 am

» Learn CSE Rules and Regulations with the help of AI Assistant
by ChatGPT Tue Apr 09, 2024 7:47 am

» Top AI tools in Sri Lanka
by ChatGPT Tue Apr 09, 2024 7:21 am

» HDFC- Best ever profit reported in 2023
by ApolloCSE Mon Apr 08, 2024 12:43 pm

» Bank run leading the way in 2024
by ApolloCSE Mon Apr 08, 2024 12:25 pm

» WAPO 200% UP
by LAMDA Sun Apr 07, 2024 10:41 pm

» KEGALLE PLANTATIONS PLC (KGAL.N0000)
by DeepFreakingValue Fri Apr 05, 2024 2:04 pm

» ARPICO INSURANCE PLC - Reports LKR 625mn loss for the FY2023
by DeepFreakingValue Fri Apr 05, 2024 12:58 pm

» EXTERMINATORS PLC (EXT.N0000)
by ErangaDS Fri Apr 05, 2024 10:59 am

» ALLIANCE FINANCE COMPANY PLC (ALLI.N0000)
by SL-INVESTOR Fri Apr 05, 2024 8:29 am

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by Anushka Perz Thu Apr 04, 2024 9:50 pm

» PINS (People's Insurance) will be another UAL
by sakuni Thu Apr 04, 2024 8:22 pm

» A New Record Price for One Tonne of Cocoa on the International Market
by ResearchMan Thu Apr 04, 2024 2:03 pm

» Access Engineering awarded two more contract packages at Colombo Port
by samansilva Thu Apr 04, 2024 12:05 pm

» Asha Securities and Asia Securities Target AEL (Access Enginnering PLC )
by rukshan1234 Thu Apr 04, 2024 11:53 am

» FMCG Sector LMF, MEL and DIST
by buwr Thu Apr 04, 2024 9:35 am

» CEYLON GUARDIAN INVESTMENT TRUST PLC (GUAR)
by soileconomy Thu Apr 04, 2024 3:00 am

» RWSL - WATCH
by sureshot Wed Apr 03, 2024 8:39 am

» LANKA CREDIT AND BUSINESS FINANCE PLC (LCBF.N0000)
by SL-INVESTOR Tue Apr 02, 2024 9:14 am

» Cargills Bank PLC: Financial Status and Future Outlook
by God Father Mon Apr 01, 2024 12:48 pm

» EX-PACK CORRUGATED CARTONS PLC (PACK.N0000)
by C.THARANGA Sun Mar 31, 2024 11:19 pm

» Positive on Healthcare and Pharma Stocks
by nilantha suranga Sun Mar 31, 2024 9:25 pm

» LankaTAX: Sri Lanka's First-ever AI powered Assistant for Tax Evaluation and Compliance
by ChatGPT Sun Mar 31, 2024 7:41 pm

» LankaLAW; Sri Lanka's First-ever AI powered Assistant for Legal Research and Advise
by ChatGPT Sun Mar 31, 2024 7:34 pm

LISTED COMPANIES

Submit Post
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

Disclaimer
FINANCIAL CHRONICLE™ Disclaimer

The information contained in this FINANCIAL CHRONICLE™ have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein. FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever. Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, FINANCIAL CHRONICLE™ blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

Further the writers and users shall not induce or attempt to induce another person to trade in securities using this platform (a) by making or publishing any statement or by making any forecast that he knows to be misleading, false or deceptive; (b) by any dishonest concealment of material facts; (c) by the reckless making or publishing, dishonestly or otherwise of any statement or forecast that is misleading, false or deceptive; or (d) by recording or storing in, or by means of, any mechanical, electronic or other device, information that he knows to be false or misleading in a material particular. Any action writers and users take in respect of (a),(b),(c) and (d) above shall be their own responsibility, FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental violation of securities laws of any country, damages or loss arising out of the use of this information.


AI Live Chat

You are not connected. Please login or register

COMMERCIAL CREDIT AND FINANCE PLC (COCR.N0000)

+102
Equity Win
Sachira90
sureshot
KM
bkasun
econ
dakzsl
chandike73
M S L DIAS
kanishkaecomm
SAGA
ADAD
RajapaksaDON
vikiperera
SL-INVESTOR
sec
Gaudente
Wickyz
Eranga87
vijay singh
C.THARANGA
invest thinker
subash81
judecroos
KavinduTM
SUSPENS
suku502
kjojo
marusira
Ansen73
glad
Lucky Gamage
himesh
Eugine Fernando
monash
tkc
Pac-man
kasun333
podda2
Gallardo
ONTHEMONEY
anges
fadhlilham
trader7
PrasannaMani
sapumal
ShiraBoy
worthiness
Chinwi
Novice Learner
Football Star
kapifm
Maxime
sandunj
lal62
stockback
Gainer
vic19
m2_yapa
Brinthan
TARGET
Miss-Sangeetha
Ryan Hudson
hiransilva23
ruwan326
D.G.Dayaratne
cse.newbie
sandaruwantgs
whyzo
samaritan
Teller
troy
pfxavier
TIRAN712
newone
Beta1
VALUEPICK
fireshelter
nimantha80
seem
windi5
EquityChamp
Runnerx
Tissa
zoozzoo
RayR
buddhika.naween
Kinm hunter
SHARK aka TAH
chathu55
indi009
piras
opfdo
The Banda
hettdas
Harry82
Bolinger
san1985
kuma524
stoka
RPPA
EPS
106 posters

Go to page : 1, 2, 3 ... 13 ... 26  Next

Go down  Message [Page 1 of 26]

EPS

EPS
Expert
Expert

As expected massive One Billion Profits for 06 months ended 2014/15.

Key Highlights :
1. One Billion Profits for 06 months ended 30.09.2014 for F/Y-2014/15. Possible to reach Two Billion Profits for this Financial Year. What a Performance.

2. Continous Quarter on Quarter Growth.
    - 03 month ended 30.09.2014 - Profit = 494 Mn
    - 03 month ended 30.06.2014 - Profit = 491 Mn
    - 03 month ended 31.03.2014 - Profit = 431 Mn
    - 03 month ended 31.12.2013 - Profit = 230 Mn
    - 03 month ended 30.09.2013 - Profit = 173 Mn
    - 03 month ended 30.06.2013 - Profit = 172 Mn

Also, 12 month ended 31.03.2014 Profit for 2013/14 is 1 Bn. Now for 2014/15 achived 1 Billion with in o6 months period. another 06 months to be continu for 2014/15.

3. Massive Cash in Hand 1.3 Billion.

4. Total Assets hit at 41 Billion. Massive Growth.

5. Customer Deposits Improved by 10 Billion with in 06 months as at 30.09.2014.

6. Net Asset Value Per share Improved to Rs.14.69. (25% up from 31.03.2014).

7. Interest Income reach 5 Billion mark.

8. Net interest income improved by 90%, when compare to last year first six months.

9. Profit before Tax for six months 1.22 Billion, compaire to last year 431 Mn.

10. Net Profit 985 Mn. Last Year 345 Mn.

11. Six months EPS 3.44. Last Year EPS 1.45.

12. Cash generated from Operations 3.6 Billion.

13. Cash and Cash equivalents at the end of the 30.09.2014 is 2.4 Billion.

14. Massive improvement in Finance Lease Sector and Micro Finance & SME Loans Sector.

15. Company has acquired 55,037,157 Ordinary Voting Shares (Representing 96.89%) of Trade Finance and Investment PLC on 04th August 2014 at a price of Rs. 28.00 per share. (TIFL Profits will consolidate in future).

16. Annualize EPS for 2014/15 is 7.00.
    (Trailing EPS last 4 quarters 5 & Trailing PER 9).
    ( Sector PER PLC ARROUNF 9.4 range)
    EPS 7 X PER 9 = worth Rs.60 Plus.



Last edited by CHRONICLE™ on Sat Jun 05, 2021 12:52 pm; edited 2 times in total (Reason for editing : CORRECTION)

RPPA


Expert
Expert

Your effort has value. As at least one will look at this & can earn some money.

KEEP IT UP, Very Happy

stoka


Senior Equity Analytic
Senior Equity Analytic

Also note:
PBV 3.2
Has appreciated nearly 150% since early June 2014

kuma524

kuma524
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Thanks EPS.

san1985

san1985
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Nice work EPS...!! keep it up

Bolinger

Bolinger
Manager - Equity Analytics
Manager - Equity Analytics

Thks EPS.

Harry82

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

COCR

EPS 7 X PER 9 = Rs.60 .00
NAV 14 x 1.8  = Rs  26.50

60.00 + 26.50 = 86.50 / 2 = Rs 43.00 to 45.00 range

______________________________________________

but VFIN

EPS 8.50 X PER 9 = Rs.77 .00(around)
NAV 32 x 1.8  = Rs  60.00

77.00 + 60.00 = 137.00 / 2 = Rs 68.00
Price range is Rs 68.00 to 75.00 range

EPS

EPS
Expert
Expert

With the consolidation of TFIL accounts, future COCR value will be more higher.
See TFIL 30.09.2014 accounts. Morethan 120 Mn is their.

hettdas

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

Harry82 wrote:COCR

EPS 7 X PER 9 = Rs.60 .00
NAV 14 x 1.8  = Rs  26.50

60.00 + 26.50 = 86.50 / 2 = Rs 43.00 to 45.00 range

______________________________________________

but VFIN

EPS 8.50 X PER 9 = Rs.77 .00(around)
NAV 32 x 1.8  = Rs  60.00

77.00 + 60.00 = 137.00 / 2 = Rs 68.00
Price range is Rs 68.00 to 75.00 range

Nice comparison COCR vs VFIN . VFIN must be around 68. Thanks Harry

The Banda


Stock Analytic
Stock Analytic

First capital and dunamis will have a run due to cocr performance.

opfdo

opfdo
Vice President - Equity Analytics
Vice President - Equity Analytics

more results to come on B&F Smile

EPS

EPS
Expert
Expert

Important - Impairment Charges of loans and advances, Lease and financial assets for 06 months 789 Mn. For the Quarter 533 Mn. If Ignore or Riverse this what will be the Profits.
No doubt, Future winner COCR.

piras

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

No doubt. COCR is a good share in CSE.

EPS

EPS
Expert
Expert

Check COCR last 9 months Profits.
In each month they reported Rs.157 Million Profit (Average).
Can you name any other share in CSE.

indi009

indi009
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Yep surely COCR will start at least above Rs.47.50 today opening... Very Happy Very Happy Very Happy

chathu55


Equity Analytic
Equity Analytic

what is the target price ?

opfdo

opfdo
Vice President - Equity Analytics
Vice President - Equity Analytics

chathu55 wrote:what is the target price ?

this is the question I hate most....brother setup your own target

EPS

EPS
Expert
Expert

Easily COCR will break Rs.55/- soon.
But, COCR further growth expected company & Future winning stock.
See, today release the strong LB Finance results.
They also report only 1 Billion for 06 months. LFIN assets is about 60 Bn.
COCR already given 1 Bn for 6 months with 41 Bn Assets. Don't remember their Imparement loss 750 Mn also included.

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Looking at latest, i dont see a reason to more than the CMP of 47/-

Unless the future earning potentials.

For me COCR is not trading at a discount.

Sorry Guys.

But VFIN looks more attractive on the results just published Very Happy

Harry82

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

LFIN EPS for the quarter ended 30/09/2014 is Rs. 8.01.

Profit increased by 137% despite impairment losses of Rs. 458 million.

Annualized EPS will be Rs. 30.

LFIN is trading at a PE of 5.5 times (165/30).

Massively undervalued...............




Kinm hunter

Kinm hunter
Manager - Equity Analytics
Manager - Equity Analytics

SHARK aka TAH wrote:Looking at latest, i dont see a reason to more than the CMP of 47/-

Unless the future earning potentials.

For me COCR is not trading at a discount.

Sorry Guys.

But VFIN looks more attractive on the results just published Very Happy


If you are a good analyser pls look at two cashflows and comment.

Cash genaration and availability of cash give good indication about growth.

Just stated Very Happy Very Happy

buddhika.naween

buddhika.naween
Senior Equity Analytic
Senior Equity Analytic

RAAP ..I m hopping to buy COCR.
Is it worth on this price?
can you guess how much will be it within short term?
pls comment on this

indi009

indi009
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Since the election is just around the corner.
Don't you guys think the market will be dull and further we will be able to buy shares at a good discount rate in Dec-Jan

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Correct Christmas New Year Elections ..... sure there will be a correction on the cards.

Investors will not want to Hold New Positions .....

So i expect a correction in coming periods...

So dont go into New Positions.

Have CASH ready to BUY on correction Very Happy

RPPA


Expert
Expert

SHARK aka TAH wrote:Correct Christmas New Year Elections ..... sure there will be a correction on the cards.

Investors will not want to Hold New Positions .....

So i expect a correction in coming periods...

So dont go into New Positions.

Have CASH ready to BUY on correction Very Happy

Bang. That is correct.

Now it is time clear the trading positions. Thankfully JKH stagnant.

Therefor not much impact on the index.

Sponsored content



Back to top  Message [Page 1 of 26]

Go to page : 1, 2, 3 ... 13 ... 26  Next

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