LOLC Announcement for LOFC and CLC

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

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

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

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

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

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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?

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

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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.

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

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

Thanx for the info vro

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

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

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

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

Should be clc

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

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

CLC

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

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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.

Winner123 · 10 Re: LOLC Announcement for LOFC and CLC Wed Jan 05, 2022 3:54 pm

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

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

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LOLC Announcement for LOFC and CLC Screen19

LOLC Announcement for LOFC and CLC Screen18

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

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Surajmp wrote:

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

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

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next Bimputh Very Happy

watch closely

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

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seany wrote:next Bimputh watch closely

Can someone do calculations?
What is the worth of a share of CLC now?

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

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PhilT wrote:

seany wrote:next Bimputh watch closely

Can someone do calculations?
What is the worth of a share of CLC now?

How ever CLC is the mother

BumbleBee · 16 LOFC parent company after amalgamation Wed Jan 05, 2022 8:53 pm

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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

Winner123 · 17 Re: LOLC Announcement for LOFC and CLC Wed Jan 05, 2022 8:55 pm

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BumbleBee wrote:

Clc mother of sfl
Lofc mother of clc

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

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

Winner123 · 19 Re: LOLC Announcement for LOFC and CLC Wed Jan 05, 2022 9:18 pm

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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.

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

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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.

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

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

Winner123 · 22 Re: LOLC Announcement for LOFC and CLC Thu Jan 06, 2022 5:45 am

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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.

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

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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.

Winner123 · 24 Re: LOLC Announcement for LOFC and CLC Thu Jan 06, 2022 7:58 am

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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

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

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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

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LOLC Announcement for LOFC and CLC

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

MarketResearch

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

SAGA

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

MarketResearch

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

SAGA

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

stockchaser

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

Surajmp

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

stockchaser

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

Rational Investor

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

Surajmp

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

Winner123

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

Surajmp

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

PhilT

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

seany

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

PhilT

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

stockchaser

16 LOFC parent company after amalgamation Wed Jan 05, 2022 8:53 pm

BumbleBee

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

Winner123

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

lion

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

Winner123

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

Niwa

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

Surajmp

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

Winner123

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

Captain

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

Winner123

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

Swissinvest