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In the vicinity listing of LOCH – “LOLC CEYLON”

+29
The_Sage
Rational Investor
Captain
sanjulanka
mah2903
kanishkaecomm
Swissinvest
PhilT
wmsameera
Shivanthi_D
Chathur
Noah
bizstock
Winner123
Vishwanarth
Sapudev
stockchaser
SAGA
Equity Win
Mahasen
Kethy
Shivanthini
Wickyz
madukp
Niwa
Elite_SGX
Jay-Jay
Prince
ForeigNer
33 posters

Go to page : Previous  1, 2, 3, 4, 5  Next

Go down  Message [Page 4 of 5]

sanjulanka


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

kanishkaecomm wrote:
stockchaser wrote:
Swissinvest wrote:Any indication of LOFC target.
Sky is the limit
It could be! But don't expect a run like CLC!
Twisted Evil Twisted Evil Twisted Evil Embarassed Embarassed Embarassed

stockchaser


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

sanjulanka wrote:
kanishkaecomm wrote:
stockchaser wrote:
Swissinvest wrote:Any indication of LOFC target.
Sky is the limit
It could be! But don't expect a run like CLC!
Twisted Evil Twisted Evil Twisted Evil Embarassed Embarassed Embarassed
see see tomorrow even will be better i feel

Sapudev


Equity Analytic
Equity Analytic

LOCH announcement must be close by.

The first transfer will be NIFL and CLC immediately thereafter.


LOFC transfer will not take place this year as many things are to be finalized at the end of the year.

SAGA


Moderator
Moderator

its closing but still no big movement from NIFL side

Noah


Equity Analytic
Equity Analytic

LOLC group is moving up !

A renewed interest in CLC order book.  If this trend continues 150 + is not a big deal !

Riz123 likes this post

Shivanthi_D

Shivanthi_D
Equity Analytic
Equity Analytic

ForeigNer wrote:Many Investors suspect that LOCH – LOLC CEYLON  will be listed in the CSE  before end of this month.
 
Best option :
Due to the high illiquidity of CLC , ( 99% own by the parent) can expect a very high demand for the counter in next week onwards making it the most sought after share in CSE.
 


Theruney ... den thamai ....... !!!

Elite_SGX

Elite_SGX
Senior Equity Analytic
Senior Equity Analytic

Shivanthi_D wrote:
ForeigNer wrote:Many Investors suspect that LOCH – LOLC CEYLON  will be listed in the CSE  before end of this month.
 
Best option :
Due to the high illiquidity of CLC , ( 99% own by the parent) can expect a very high demand for the counter in next week onwards making it the most sought after share in CSE.
 


Theruney ... den thamai ....... !!!


There is a rumour that an announcement is to be released soon ...!!!

Riz123 likes this post

Captain


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

Yes when it happens I dont know these shares CLC LOFC where will headed toward some say 100 + or 200 + or even 300 +

Rational Investor

Rational Investor
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Captain wrote:Yes when it happens I dont know these shares CLC LOFC where will headed toward some say 100 + or 200 + or even 300 +

Agreed Captain.

With the massive incoming demand on the counter hope Guard of selling will run out of CLC shares to sell and which will be the point where a lot of new seeds will plant on the CLC paddy again those who harvested from its sister.

Cheers. Basketball

madukp


Expert
Expert

Captain wrote:Yes when it happens I dont know these shares CLC LOFC where will headed toward some say 100 + or 200 + or even 300 +

If the players could keep the momentum, CLC could reach 400 and easily get through the minimum shareholder's restriction

Elite_SGX

Elite_SGX
Senior Equity Analytic
Senior Equity Analytic

madukp wrote:
Captain wrote:Yes when it happens I dont know these shares CLC LOFC where will headed toward some say 100 + or 200 + or even 300 +

If the players could keep the momentum, CLC could reach 400 and easily get through the minimum shareholder's restriction


That's the plan for LOCH  one Trillion  .... !!!!!

Kethy

Kethy
Equity Analytic
Equity Analytic

Many talks about an announcement related to NIFL and CLC .

and all eyes on CLC .. because many say CLC is going towards 300 .

Riz123 likes this post

Jay-Jay

Jay-Jay
Manager - Equity Analytics
Manager - Equity Analytics

Now we see many LOCH Gurus in the forum.  When ForeigNer did post this article on 01 OCT 2021 it got me surprised with the facts he was analyzing. 

Wonder how he managed to foresee everything just happening in the market these days. 


All Gurus about LOCH in the forum seems to have appeared just after the unexpected LOFC rally
when checked their joining date to the forum   :-)

Winner123


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Panic people will regret next week. Lofc might reach half century.



Last edited by Winner123 on Fri Nov 19, 2021 12:18 pm; edited 1 time in total

Captain


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

Winner123 wrote:Panic people will regret next week
Transfer price is not disclosed in the announcement

Winner123


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Captain wrote:
Winner123 wrote:Panic people will regret next week
Transfer price is not disclosed in the announcement


It should be the market price as per their original disclosure.

Captain and Mr. Wayne like this post

Shivanthini

Shivanthini
Equity Analytic
Equity Analytic

Winner123 wrote:Panic people will regret next week. Lofc might reach half century.

An artificial panic was created by the CulpriT broker as per the information got.

Many will regret it, with more announcements expected next week.

Captain and Mr. Wayne like this post

ADVENTUS dislikes this post

The_Sage

The_Sage
Equity Analytic
Equity Analytic

Prince wrote:
KEY points from above ,
 
Point 1)  LOLC CEYLON is coming ..
Point 2) LOLC ASIA will be listed in Singapore soon ..
Point 3) Issued Debenture is as part payment of  NIFL transfer to LOCH …
 
Now the NIFL is trading around Rs 500/= levels after hitting Rs 700/= recently and in a consolidation phase for fast few weeks .   ( NIFL current price may be due the illiquidity or may be on expected prospects from LOLC ASIA ‘s  operation in near future or may be on some other reason  to be disclosed later  )
 
CLC is the second largest shareholder of the NIFL holding almost 50% stake of the company .




My logic here is ….  If CLC holds 50% of the NIFL …. Isn’t the Price of  CLC should reflect that ownership ratio in CLC  current price …?????




 
If so isn’t the market price of CLC should be always half the price of NIFL  …???????
 
 


@ Foreigner :   for your opinion please .?




In the vicinity listing of  LOCH – “LOLC CEYLON” - Page 4 Nifl_t10



Now it's a matter of time becoming your predictions true ...!!!!

Rational Investor likes this post

Rational Investor

Rational Investor
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Patience will be key with CLC.

DDS10 likes this post

Beyondsenses

Beyondsenses
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

It's a matter of time Wink Maybe this Friday. xxx@3.5+9.50 is my exit for CLC Very Happy

https://www.cse.lk/pages/company-profile/company-profile.component.html?symbol=LOCH

Eleven

Eleven
Senior Equity Analytic
Senior Equity Analytic

Our people are very good at burning their own hands and sacrificing their investment to billionaires.

Riz123 likes this post

SAGA


Moderator
Moderator

be mindful of the Transferred Price of CLC,LOFC nad NIFL..Its just like the cost of the investment of LOCH.so investors need better ROI for their investment.so be patient.in couple of days these 3 will trade much higher than the transferred price.

Riz123 and Surajmp like this post

Surajmp


Manager - Equity Analytics
Manager - Equity Analytics

Today was both counters foreign buying

Swissinvest


Manager - Equity Analytics
Manager - Equity Analytics

LARGEST OWNERS OF LOFC
LOLC PVT LTD = 49.81% (Name changed to LOLC ASIA PVT LTD)
LOLC CEYLON HOLDINGS LIMITED = 44.79%
https://www.companies.sg/business/201630001K/LOLC-ASIA-PRIVATE-LIMITED

Noah

Noah
Equity Analytic
Equity Analytic

Swissinvest wrote:LARGEST OWNERS OF LOFC
LOLC PVT LTD = 49.81% (Name changed to LOLC ASIA PVT LTD)
LOLC CEYLON HOLDINGS LIMITED = 44.79%
https://www.companies.sg/business/201630001K/LOLC-ASIA-PRIVATE-LIMITED


This is not correct .
 
LOLC private limited hasn't had done a name change .
 
Appreciate it if you could refer to any source document or any announcement you came across in that regard.
 
 
My belief is that you have mistaken LOLC Private limited to LOLC ASIA Private Limited which are two different entities.




,

sajithlk02 likes this post

The_Sage

The_Sage
Equity Analytic
Equity Analytic

Noah ,  you are absolutely right ... !!!

LOLC Private Limited and LOLC ASIA Private Limited are two different entities.


LOLC ASIA Private Limited is the company that is going to be listed in Singapore.

LOLC Private Limited will be the " investment arm"  under the LOLC ASIA .


Precisely,  LOLC Private Limited will be the International Investment Arm of the LOLC Holdings ,  which is going to be under the umbrella of LOLC ASIA .


BIL is going to be recommissioned as the Local Investment arm of LOLC Holdings.


.

sajithlk02 likes this post

Swissinvest


Manager - Equity Analytics
Manager - Equity Analytics

LOLC ASIA PRIVATE LIMITED is a Singapore PRIVATE COMPANY LIMITED BY SHARES. The company was incorporated on 01 Nov 2016, which is 5.1 years ago. The address of the Business's registered office is SIM LIM TOWER, 10 JALAN BESAR, Postal 208787, #07-07. The Business current operating status is Live Company. The Business's principal activity is OTHER HOLDING COMPANIES. (eg INVESTMENT SERVICES). The company's paid-up capital is SGD 212,077,387. It was named as LOLC PRIVATE LIMITED. The company UEN is 201630001K, registered with ACRA on 2016-11-01.

Beyondsenses

Beyondsenses
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Niwa wrote:LOLC Ceylon Holdings Ltd.’s (LOCH) Rs. 1 billion listed debenture issue has been oversubscribed and closed on Wednesday, the official opening day.

LOCH issued 10 million Senior Listed Redeemable Rated Guaranteed two-year debentures of Rs. 100 each.

Secretaries to the issue SSP Corporate Services stated the issue received applications for over Rs. 1 billion and was closed on Wednesday evening as per the prospectus. It said the basis of allotment will be notified later.

The debentures offer 9.50% per annum payable annually. Minimum subscription was Rs. 10,000. Managers to the issue was Capital Alliance Partners Ltd.

LOCH has been created by LOLC to be the vehicle for large scale foreign investors to acquire minority stake in the finance company the parent owns.

The funds raised through the Debenture Issue are to partly finance the acquisition of LOLC Holding’s 55.55% equity stake in LOLC Development Finance (NIFL).

Post-listing of LOCH, the shares owned by LOLC in LOLC Finance PLC (LOFC) amounting to 44.79%, and shares owned in Commercial Leasing and Finance PLC (CLC) amounting to 98.92% will be transferred to LOCH, subject to receipt of relevant regulatory approvals (as applicable). In principle, approval from SEC and No Objection from Central Bank have been obtained for the share transfers of LOLC.
> https://www.ft.lk/financial-services...ibed/42-723747
In the vicinity listing of  LOCH – “LOLC CEYLON” - Page 4 111
In the vicinity listing of  LOCH – “LOLC CEYLON” - Page 4 211

Beyondsenses

Beyondsenses
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

ForeigNer wrote:Many Investors suspect that LOCH – LOLC CEYLON  will be listed in the CSE  before end of this month.
 

Quote : Prospectus Debenture Issue 2021

The funds raised through the Debenture Issue will be utilised to part finance the acquisition of
LOLC Holding PLC’s equity stake in LOLC Development Finance (“NIFL”) within 1 Months from the Date of allotment. As at the date of the prospectus LOLC Holdings PLC has a 55.55% stake in NIFL.

The purchase price for the share transfer of NIFL would be the latest market price of NIFL shares as per the requirement of SEC in its in principle approval. The share transfer shall be executed at the last traded price at the point of the share transfer.

Unquote
 
With the listing of LOCH many expect that CLC and LOFC counters will be appreciated in multiples.
According to the Technical s ,  both the counters flagged as “ BUY “ .
 
Best option :
Due to the high illiquidity of CLC , ( 99% own by the parent) can expect a very high demand for the counter in next week onwards making it the most sought after share in CSE.
 
Also understood that all shares in the public float of CLC  had been already traded above Rs 30/= in last ten days  , making current prices very attractive to make a re-entry.
කෙල්ලෝ ටිකත් අරගෙන ආයෙත් මේ පැත්තේ වරෙන් මයේ දෙඉයෝ .... සමහරු නම් කියනවා ඉසාරයා තමයි Foreigner කියලා ...අපි නම් එහෙම කියන්නේ නැහැ බම්. Rolling Eyes Wink Very Happy Razz

Beyondsenses

Beyondsenses
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Kethy wrote:many in enthusiasm of  LOCH ....  what is the big news or happening investors expect from LOCH ...?

is LOCH going to be some stock like EXPO ?
නගා ... පන්සල පැත්තේ එන්නෙත් නැහැ ඔයාලා  Rolling Eyes

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