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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » CLC - Bull & Bear LOCKED HORNS - can blast at any time.

CLC - Bull & Bear LOCKED HORNS - can blast at any time.

+24
ADVENTUS
suku502
Sunimal
Beyondsenses
Swissinvest
The_Sage
Noah
Shivanthi_D
indikace
Surajmp
Riz123
D.G.Dayaratne
Equity Win
SAGA
Prince
Sapudev
Vishwanarth
Elite_SGX
Kethy
Shivanthini
Rational Investor
Wickyz
wmsameera
Jay-Jay
28 posters

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Beyondsenses


Manager - Equity Analytics
Manager - Equity Analytics

Omicron effect No

Beyondsenses


Manager - Equity Analytics
Manager - Equity Analytics

Beyondsenses wrote:Omicron effect No
2 MN shifted from weak hand to strong hand, something is frying  Wink

Noah


Equity Analytic
Equity Analytic

CLC has only 5 Mn shares in the Market free float.


From that 5 Mn ... today 2 Mn traded.   Seller and Buyer seem to be known to each other ..?


Brokers feel it's not a selling but an intra-account transfer by XX Brokers known parties.


Very suspicious type of transaction.

Sunimal


Senior Equity Analytic
Senior Equity Analytic

CLC -  Bull & Bear  LOCKED HORNS - can blast at any time. - Page 3 1f62a

ADVENTUS


Moderator
Moderator

BETTER STAY AWAY FROM THESE COUNTERS MANY HAVE BURNT THEIR HANDS.

DON'T GET CAUGHT

soileconomy likes this post

madukp


Expert
Expert

If you want to play with the LOFC family expect the unexpected.pirat Your timing and patience are all that matter. If you have trust in CLC, keep it on hold and collect. I have collected plus intermediately trade portions with this share since '30s and I have faith it will conquer 3 digits someday, so this is my strategy. This is purely based on the LOCH initiative. CLC of course overpriced, yet that price is justifiable for the demand it created. It's useless to compare CLC with the same business entities. Goodluck! Smile

Riz123 and blindhog like this post

Beyondsenses

Beyondsenses
Manager - Equity Analytics
Manager - Equity Analytics

Noah wrote:
Very suspicious type of transaction.
Wink Wink Wink Lets see how CLC trade tomorrow,  once 74.20 breaks it's all the way north. Many will say don't burn your hands  Rolling Eyes That is because they are ආසයි බයයි CLC එක්ක ගණුදෙනු කරන්න  Wink

Surajmp likes this post

Sunimal

Sunimal
Senior Equity Analytic
Senior Equity Analytic

Until another announcement letter with at least some few words from LOLC group to the CSE I highly doubt CLC and LOFC moving upwards.

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics

ADVENTUS wrote:BETTER STAY AWAY FROM THESE COUNTERS MANY HAVE BURNT THEIR HANDS.

DON'T GET CAUGHT
Exactly .
Earnings cannot justify its trading price

econ

econ
Global Moderator

Sunimal wrote:Until another announcement letter with at least some few words from LOLC group to the CSE I highly doubt CLC and LOFC moving upwards.

that announcement is coming soon according to some brokers.

Sunimal

Sunimal
Senior Equity Analytic
Senior Equity Analytic

econ wrote:
Sunimal wrote:Until another announcement letter with at least some few words from LOLC group to the CSE I highly doubt CLC and LOFC moving upwards.

that announcement is coming soon according to some brokers.

Now, I don't have CLC anymore. Give more focus to LOFC. Cool

Equity Win


Manager - Equity Analytics
Manager - Equity Analytics

can we buy below 20/- on next Monday ? expert please get your opinion or forecast

Sunimal

Sunimal
Senior Equity Analytic
Senior Equity Analytic

CLC -  Bull & Bear  LOCKED HORNS - can blast at any time. - Page 3 1f604 Probably around 30 I would say. Not a specialist though.

SAGA


Moderator
Moderator

It seems LOFC much stronger than CLC.whether we like or not thats the truth.must be a strong reason to transfer only 49% to newly formed LOCH company than originally planned 98% of LOFC and CLC other way around(initially CLC 45% odd but later 98%)

Captain


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

only yesterday & today around 34 MN to 35 MN shares were traded, SEC or officials should see this when public qty only 28Mn at the Market.

1. it is can not believe that LOLC or BIL dispose their qty since Road Map is being progress... and LOLC G INS. IPO amidst & up coming IPO on LOCH & so far no any disclosure on that if so.

2. if not some big payers are playing massive game with this share for garbing innocent retailers shares bought at higher price levels by making panic them knowing that journey of CLC.N and SEC Must review on those transaction weather this is with connected party or not.

Remember once collections are over, clearance of order books for 2 to 3 Mn shares are possible, since most of the quantities are  with the connected parties already, therefore don't sell further without knowing a proper reason. at early stages CLC went 14 & then came back to the 6 & at second stage it went to the 40 & came back to the below 19, now third stages it came back to 87 to 40 now,,,,,,,,

Then what else could happen next, with upcoming IPO of LOLC Gen Ins. & LOCH and if CLC going down further what happen to LOLC image within investors, is LOLC Company or gambling House (Booky).

SAGA and RAVI1980 like this post

D.G.Dayaratne


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

If you do not follow BROKERS AND OTHER JOKERS MARKET OF SRILANKA WILL BE STABLE

PL STUDY CAREFULY AND TAKE YOUR OWN DECISION

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