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

LISTED COMPANIES

Submit Post


ADVERTS

Poll

EXCHANGE RATE PREDICTION: 2022

CLC and LOFC pump and dump  Vote_lcap16%CLC and LOFC pump and dump  Vote_rcap 16% [ 43 ]
CLC and LOFC pump and dump  Vote_lcap21%CLC and LOFC pump and dump  Vote_rcap 21% [ 57 ]
CLC and LOFC pump and dump  Vote_lcap30%CLC and LOFC pump and dump  Vote_rcap 30% [ 83 ]
CLC and LOFC pump and dump  Vote_lcap34%CLC and LOFC pump and dump  Vote_rcap 34% [ 93 ]

Total Votes : 276

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» Sri Lanka bond yields extend fall on DDR comments
by K.R Yesterday at 6:12 pm

» The rupee was now ‘heavily undervalued’ based on fundamentals - Central Bank Governor Nandalal Weerasinghe
by K.R Yesterday at 3:02 pm

» LOLC FINANCE PLC (LOFC.N0000)
by Riz123 Yesterday at 1:45 pm

» CIC going to next level
by suku502 Yesterday at 12:13 pm

» PMB/PLC/PINS
by K.R Yesterday at 12:03 pm

» What will happen tomorrow?
by K.R Thu Nov 24, 2022 7:56 am

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by ErangaDS Wed Nov 23, 2022 6:34 pm

» KZOO.N SHAW WALLACE INVESTMENTS PLC TP 10/
by cheetah Wed Nov 23, 2022 11:16 am

» SUNSHINE HOLDINGS PLC (SUN.N0000)
by ErangaDS Wed Nov 23, 2022 6:53 am

» SRI LANKA TELECOM (SLTL.N0000) - Reawakening the Giant
by Equity Win Tue Nov 22, 2022 12:10 pm

» EXTERMINATORS PLC (EXT.N0000)
by ErangaDS Tue Nov 22, 2022 10:35 am

» Focus on Government controlled entities
by K.R Sun Nov 20, 2022 10:45 am

» Singapore based Kreate Design to invest USD 1 Billion to Colombo Lotus Tower
by K.R Sat Nov 19, 2022 1:40 pm

» China working with other lenders on ‘easing’ Sri Lanka debt
by K.R Sat Nov 19, 2022 1:31 pm

» Billionaire owned listed companies faces insolvency issues in Sri Lanka
by God Father Sat Nov 19, 2022 10:11 am

» Wahts going on with Expo
by sanjayaK Fri Nov 18, 2022 2:23 pm

» REGULATORS - DUTY OF CARE
by God Father Fri Nov 18, 2022 1:47 pm

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by K.R Tue Nov 15, 2022 8:03 pm

» LANKA HOSPITAL + SRI LANKA TELECOM + HOUSING DEVELOPMENT COOPERATION
by nish84 Tue Nov 15, 2022 4:29 pm

» SEYLAN DEVELOPMENTS PLC (CSD.N0000)
by Thushara Ayya Tue Nov 15, 2022 10:16 am

EXPERT CHRONICLE™

MARKET CHAT


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » CLC and LOFC pump and dump

CLC and LOFC pump and dump

+3
lion
madukp
bizstock
7 posters

Go down  Message [Page 1 of 1]

1CLC and LOFC pump and dump  Empty CLC and LOFC pump and dump Wed Dec 08, 2021 3:16 pm

bizstock


Equity Analytic
Equity Analytic

The organized gang is no where to be seen. They are vanished.

New comers were completely fooled and maimed. The gang is taken them to a fantacy dream world that CLC is going to 300 and LOFC is going to 100. Poor guys got caught.

LOLC killed two birds by one stone. They pumped it to tally with required price for LOCH. Then dumped it back to original value and increased public holding. IN and Bil dumped their whole stake which they bought for 5.60 and 5.80 respectively. So they were selling from the biginning and made a huge profit.

When white man came to Africa, white man had the bible and black man had the land. Now black man have only the bible.

Now margin calls will come and will start forced selling. This will take the entire market down.

So the game is over.

2CLC and LOFC pump and dump  Empty Re: CLC and LOFC pump and dump Wed Dec 08, 2021 7:24 pm

madukp


Expert
Expert

bizstock wrote:The organized gang is no where to be seen. They are vanished.

New comers were completely fooled and maimed. The gang is taken them to a fantacy dream world that CLC is going to 300 and LOFC is going to 100. Poor guys got caught.

LOLC killed two birds by one stone. They pumped it to tally with required price for LOCH. Then dumped it back to original value and increased public holding. IN and Bil dumped their whole stake which they bought for 5.60 and 5.80 respectively. So they were selling from the biginning and made a huge profit.

When white man came to Africa, white man had the bible and black man had the land. Now black man have only the bible.

Now margin calls will come and will start forced selling. This will take the entire market down.

So the game is over.

Not entirely true. the majority of shares were absorbed by an arranged party, a nonretailer at a very discounted price. Margin calls don't affect much with CLC. Still, panic retailers may sell on loss. CLC will be hanging around for a while until it settles down, then gradually pick up again.

3CLC and LOFC pump and dump  Empty Re: CLC and LOFC pump and dump Wed Dec 08, 2021 7:36 pm

lion


Manager - Equity Analytics
Manager - Equity Analytics

Never understood the reasoning for paying such high prices for Finance Company stocks such as LOFC , CLC etc.. where premium entities such as CFIN, LB, Even banks trading at huge discount..

4CLC and LOFC pump and dump  Empty Re: CLC and LOFC pump and dump Wed Dec 08, 2021 7:39 pm

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics

lion wrote:Never understood the reasoning for paying such high prices for Finance Company stocks such as LOFC , CLC etc.. where premium  entities such as CFIN, LB, Even banks trading at huge discount..
1000000% Agreed .

lion likes this post

5CLC and LOFC pump and dump  Empty Re: CLC and LOFC pump and dump Wed Dec 08, 2021 8:39 pm

madukp


Expert
Expert

lion wrote:Never understood the reasoning for paying such high prices for Finance Company stocks such as LOFC , CLC etc.. where premium  entities such as CFIN, LB, Even banks trading at huge discount..

Welcome to the stock market. You don't love or hate shares. you take situational decisions and make profit or loss accordingly.

Bakkabwoi likes this post

6CLC and LOFC pump and dump  Empty Re: CLC and LOFC pump and dump Wed Dec 08, 2021 9:03 pm

lion


Manager - Equity Analytics
Manager - Equity Analytics

Agree, but all shares had a Good story line, which made investors push the shares to new heights.
Ex.GREG had a platinum story, BIL- port city+Africa, LOLC- Myanmar, etc.. what I meant was I didn't understand the story line of these shares which were pretty much Finance Companies...

7CLC and LOFC pump and dump  Empty Re: CLC and LOFC pump and dump Wed Dec 08, 2021 11:26 pm

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics

Story is simple "pump and dump'

8CLC and LOFC pump and dump  Empty Re: CLC and LOFC pump and dump Thu Dec 09, 2021 9:26 am

Gowri123


Senior Equity Analytic
Senior Equity Analytic

bizstock wrote:The organized gang is no where to be seen. They are vanished.

New comers were completely fooled and maimed. The gang is taken them to a fantacy dream world that CLC is going to 300 and LOFC is going to 100. Poor guys got caught.

LOLC killed two birds by one stone. They pumped it to tally with required price for LOCH. Then dumped it back to original value and increased public holding. IN and Bil dumped their whole stake which they bought for 5.60 and 5.80 respectively. So they were selling from the biginning and made a huge profit.

When white man came to Africa, white man had the bible and black man had the land. Now black man have only the bible.

Now margin calls will come and will start forced selling. This will take the entire market down.

So the game is over.
Can't agree with you more on this...a proper organized gang for sure...these gangs only demoted expo....

said all sort of nonsense things that expo going to be dumped....now where is expo and CLC....

Their target was to get the liquidity from expo to pump CLC...few unfortunate retailers believed their propaganda and enterd these junks...

Now not a single word from these gangs...I believe they must be exited with profit...now they will come with another identity and promote another junks...

BE VERY CAREFUL...

mah2903 likes this post

9CLC and LOFC pump and dump  Empty Re: CLC and LOFC pump and dump Thu Dec 09, 2021 4:39 pm

nish84


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Tomorrow & Next week 🚀🚀🚀
LOFC ♥♥♥♥♥

10CLC and LOFC pump and dump  Empty Re: CLC and LOFC pump and dump Thu Dec 09, 2021 4:49 pm

stockchaser


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

nish84 wrote:Tomorrow & Next week 🚀🚀🚀
LOFC ♥♥♥♥♥
Why CLC it will go too, what do you think?

nish84 likes this post

jaya dislikes this post

11CLC and LOFC pump and dump  Empty Re: CLC and LOFC pump and dump Thu Dec 09, 2021 5:34 pm

madukp


Expert
Expert

lion wrote:Agree,  but all shares had a Good story line, which made investors push the shares to new heights.
Ex.GREG had a platinum story, BIL- port city+Africa, LOLC- Myanmar, etc.. what I meant was I didn't understand the story line of these shares which were pretty much Finance Companies...
Yes, you can't measure CLC in financial companies' standards. You won't see any sense of value. This is called a situational trend. LOLC group has "self-created a virtual world" or a "fantasy". people adopted it. If you play in CSE, you need to understand trends and act accordingly or stay away. This is not limited to LOLC. most of the shares even beloved Expo story also the same. Expo has justified earnings but the current price is exaggerated, yet people will see it in rs.1000 someday. This is the stock market. Arrow Idea

jaya, glad, Bakkabwoi, Beyondsenses and Gully boy like this post

Back to top  Message [Page 1 of 1]

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