COMMERCIAL CREDIT AND FINANCE PLC (COCR.N0000)

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

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

buddhika.naween wrote: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

RPPA wrote:

buddhika.naween wrote: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

Yes it is good to get in fundamentally. But todays signals are not that bullish.

Still struggling to break out from 48/- range. Movements are just like CFVF. Continuous selling pressure shown in the order book.

Yesterday I bought some @ 48/- too,

EPS wrote: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.

RPPA wrote:

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

Bang. That is correct.

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

Therefor not much impact on the index.

"Now it is time clear the trading positions" on 11/11/2014

Runnerx wrote:COCR this time going to pass the 500 million profit.(according to the last 3 financial reports) also pending second interim dividend. short term target is 60+. Good fundamental and quality share. according to the company segment, very low impact from the new government. Share yours opinions....  

RPPA wrote:

RPPA wrote:

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

Bang. That is correct.

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

Therefor not much impact on the index.

As stated above correction to the max had took place.and i said,

"Now it is time clear the trading positions" on 11/11/2014

But this thread is on COCR.

Again foreigners are buying big. So there will be good times ahead for COCR holders.

nimantha80 wrote:all set for another mini finical sector run.SEYB,NTB dividend came.COCR will definitely run tomorrow.ESL,MFL,CFL,PLC keep in touch guys.

VALUEPICK wrote:In a market pullback this was good buy. We should see few more breakout stocks in the coming weeks. This is the time to identify turnaround companies, attractive value stocks, out of favour companies having great potential and this type of stocks before crowds become active.

piras wrote:

VALUEPICK wrote:In a market pullback this was good buy. We should see few more breakout stocks in the coming weeks. This is the time to identify turnaround companies, attractive value stocks, out of favour  companies having great potential and this type of stocks before crowds become active.

What about VFIN, VPEL   valuepick?