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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » LOLC Announcement for LOFC and CLC

LOLC Announcement for LOFC and CLC

+14
rajithasahan
Swissinvest
Captain
Niwa
lion
BumbleBee
seany
PhilT
Winner123
Rational Investor
Surajmp
stockchaser
SAGA
MarketResearch
18 posters

Go to page : 1, 2  Next

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1LOLC Announcement for LOFC and CLC Empty LOLC Announcement for LOFC and CLC Wed Jan 05, 2022 2:51 pm

MarketResearch

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

https://cdn.cse.lk/cmt/announcement_portal_prod/Scan2_69828565154128.pdf

Riz123 likes this post

2LOLC Announcement for LOFC and CLC Empty Re: LOLC Announcement for LOFC and CLC Wed Jan 05, 2022 3:02 pm

SAGA


Moderator
Moderator

wow.what a news.it was so apparent that someone today clearly manipulated these 2 shares(LOFC and CLC) and collected a lot.

roshan1039, MarketResearch and Riz123 like this post

3LOLC Announcement for LOFC and CLC Empty Re: LOLC Announcement for LOFC and CLC Wed Jan 05, 2022 3:06 pm

MarketResearch

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

SAGA wrote:wow.what a news.it was so apparent that someone today clearly manipulated these 2 shares(LOFC and CLC) and collected a lot.

SAGA, What do you think?

Riz123 and Nimantha91 like this post

4LOLC Announcement for LOFC and CLC Empty Re: LOLC Announcement for LOFC and CLC Wed Jan 05, 2022 3:18 pm

SAGA


Moderator
Moderator

if its amalgamated both CLC and LOFC would be benefited more from growth of LOLC group as well as from LOCH.it would be massive.initially thought that they (LOLC)did not have much interest in CLC since they transferred entire 98% to LOCH and kept 51% in LOFC.now again with this announcement these two will fly soon.

MarketResearch and stockchaser like this post

5LOLC Announcement for LOFC and CLC Empty Re: LOLC Announcement for LOFC and CLC Wed Jan 05, 2022 3:20 pm

stockchaser


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

MarketResearch wrote:https://cdn.cse.lk/cmt/announcement_portal_prod/Scan2_69828565154128.pdf
Thanx for the info vro

MarketResearch and Riz123 like this post

6LOLC Announcement for LOFC and CLC Empty Re: LOLC Announcement for LOFC and CLC Wed Jan 05, 2022 3:22 pm

Surajmp


Manager - Equity Analytics
Manager - Equity Analytics

After this amalagation what wil be a mother company lofc or clc??

7LOLC Announcement for LOFC and CLC Empty Re: LOLC Announcement for LOFC and CLC Wed Jan 05, 2022 3:34 pm

stockchaser


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Surajmp wrote:After this amalagation what wil be a mother company  lofc or clc??
Should be clc

Riz123 likes this post

EyeCandy dislikes this post

8LOLC Announcement for LOFC and CLC Empty Re: LOLC Announcement for LOFC and CLC Wed Jan 05, 2022 3:38 pm

Rational Investor

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

Surajmp wrote:After this amalagation what wil be a mother company  lofc or clc??

CLC

EyeCandy dislikes this post

9LOLC Announcement for LOFC and CLC Empty Re: LOLC Announcement for LOFC and CLC Wed Jan 05, 2022 3:47 pm

Surajmp


Manager - Equity Analytics
Manager - Equity Analytics

with all of proposed Mergers it is very important to identifying the future existing entity whether LOFC.N or CLC and with above Bimputh finance proposals & SFL proposals to be happened CLC.N should be there in future. most probably CLC.N could be the future existing entity with LOFC & CLC Merger.

stockchaser likes this post

EyeCandy dislikes this post

10LOLC Announcement for LOFC and CLC Empty Re: LOLC Announcement for LOFC and CLC Wed Jan 05, 2022 3:54 pm

Winner123


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Imagine if sinhaputhra is flying for the merger news how clc and lofc should fly?

Winner123 likes this post

11LOLC Announcement for LOFC and CLC Empty Re: LOLC Announcement for LOFC and CLC Wed Jan 05, 2022 4:11 pm

Surajmp


Manager - Equity Analytics
Manager - Equity Analytics

LOLC Announcement for LOFC and CLC Screen19
LOLC Announcement for LOFC and CLC Screen18

PhilT likes this post

12LOLC Announcement for LOFC and CLC Empty Re: LOLC Announcement for LOFC and CLC Wed Jan 05, 2022 4:15 pm

PhilT

PhilT
Senior Equity Analytic
Senior Equity Analytic

Surajmp wrote:LOLC Announcement for LOFC and CLC Screen19
LOLC Announcement for LOFC and CLC Screen18

Oh boy.................

13LOLC Announcement for LOFC and CLC Empty Re: LOLC Announcement for LOFC and CLC Wed Jan 05, 2022 5:22 pm

seany


Equity Analytic
Equity Analytic

next Bimputh Very Happy watch closely 

14LOLC Announcement for LOFC and CLC Empty Re: LOLC Announcement for LOFC and CLC Wed Jan 05, 2022 6:36 pm

PhilT

PhilT
Senior Equity Analytic
Senior Equity Analytic

seany wrote:next Bimputh Very Happy watch closely 
Can someone do calculations?
What is the worth of a share of CLC now?

15LOLC Announcement for LOFC and CLC Empty Re: LOLC Announcement for LOFC and CLC Wed Jan 05, 2022 6:40 pm

stockchaser


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

PhilT wrote:
seany wrote:next Bimputh Very Happy watch closely 
Can someone do calculations?
What is the worth of a share of CLC now?
How ever CLC is the mother

PhilT likes this post

16LOLC Announcement for LOFC and CLC Empty LOFC parent company after amalgamation Wed Jan 05, 2022 8:53 pm

BumbleBee


Stock Trader

LOFC will remain as the parent company after amalgamation

LOLC Announcement for LOFC and CLC Whatsa12



Last edited by BumbleBee on Wed Jan 05, 2022 8:58 pm; edited 1 time in total

roshan1039 likes this post

17LOLC Announcement for LOFC and CLC Empty Re: LOLC Announcement for LOFC and CLC Wed Jan 05, 2022 8:55 pm

Winner123


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

BumbleBee wrote:LOLC Announcement for LOFC and CLC Whatsa12



Clc mother of sfl
Lofc mother of clc

18LOLC Announcement for LOFC and CLC Empty Re: LOLC Announcement for LOFC and CLC Wed Jan 05, 2022 9:03 pm

lion


Manager - Equity Analytics
Manager - Equity Analytics

Ultimately only LOFC will remain, all others absorbed to LOFC, pls let me know if my understanding is correct?

Winner123 likes this post

19LOLC Announcement for LOFC and CLC Empty Re: LOLC Announcement for LOFC and CLC Wed Jan 05, 2022 9:18 pm

Winner123


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

lion wrote:Ultimately only LOFC will remain, all others absorbed to LOFC, pls let me know if my understanding is correct?


Still no clear direction. Both disclosure made on the same day.

20LOLC Announcement for LOFC and CLC Empty Re: LOLC Announcement for LOFC and CLC Wed Jan 05, 2022 9:33 pm

Niwa


Moderator
Moderator

Ha ha very complicated 😀.Only IN knows. First they created LOCH and transferred clc, lofc, nifl. CLC transfer price was over 78. Very interesting how they going to fulfill MPH requirements. It will take few days to get a clear picture.

21LOLC Announcement for LOFC and CLC Empty Re: LOLC Announcement for LOFC and CLC Thu Jan 06, 2022 12:39 am

Surajmp


Manager - Equity Analytics
Manager - Equity Analytics

Everyone have big problem what is the mother company among these companys.lofc or clc but still not clear it

22LOLC Announcement for LOFC and CLC Empty Re: LOLC Announcement for LOFC and CLC Thu Jan 06, 2022 5:45 am

Winner123


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Niwa wrote:Ha ha very complicated 😀.Only IN knows. First they created  LOCH and transferred clc, lofc, nifl. CLC transfer price was over 78. Very interesting how they going to fulfill MPH requirements. It will take few days to get a clear picture.


With the proposed merger clc will shoot up the price like sfl. And in future 1lofc for 2clc shares can be expected. Then the MPH will not be a issue. Even at present lofc is not having an issue with MPH since it is already above 27.

23LOLC Announcement for LOFC and CLC Empty Re: LOLC Announcement for LOFC and CLC Thu Jan 06, 2022 7:42 am

Captain


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

Don't be panic today.... my advice is to hold clc bz which is going to be the acquisition company and recent transfer price arround 79 .... but done at book valuez as per central bank approval and ROC to approve the merger there should be it agreement with all depositors and shareholders
There having many shareholder bought range between uo to price 87... nice to see how clc can satisfy its all shareholders in granting lofc shares against clc.

Riz123 likes this post

24LOLC Announcement for LOFC and CLC Empty Re: LOLC Announcement for LOFC and CLC Thu Jan 06, 2022 7:58 am

Winner123


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Captain wrote:Don't be panic today.... my advice is to hold clc bz which is going to be the acquisition company and recent transfer price arround 79 .... but done at book valuez as per central bank approval and ROC to approve the merger there should be it agreement with all depositors and shareholders
There having many shareholder bought range between uo to price 87... nice to see how clc can satisfy its all shareholders in granting lofc shares against clc.


Clc should shoot the prices above 50

Riz123 likes this post

25LOLC Announcement for LOFC and CLC Empty Re: LOLC Announcement for LOFC and CLC Thu Jan 06, 2022 9:38 am

Swissinvest


Manager - Equity Analytics
Manager - Equity Analytics

Based on the NAV 1 LOFC Share would equal to 2 CLC Shares.

Hence there is a high possibility that 1 LOFC Share will be given for 1.5/2 CLC Shares held.

And as the CLC internal share deal took place at Rs 32, based on the above the LOFC Share could trade at least 1.5 times and cross 60+ with ease in the next few weeks.

This was evident by the significant collection of over 120Mn Shares that has taken place over the past three trading days.

Shares trading over the last three days.
over 25 = 119 Mn
over 26 = 109 Mn
over 27 = 100 Mn
over 28 = 90 Mn
over 29 = 69 Mn
over 30 = 42 Mn

EyeCandy likes this post

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