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


ADVERTISE
Poll

EXCHANGE RATE PREDICTION: 2022

 
 
 
 

View results

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» Expolanka to continue its winning streak
by samaritan Yesterday at 10:22 am

» POSITIVES & TARGETS BY IMTIAZ BUHARDEEN
by Gowri123 Wed Jun 29, 2022 4:38 pm

» When will supply chain disruptions ease?
by Gowri123 Wed Jun 29, 2022 4:08 pm

» We’re seeing a shift toward international and value stocks, says Schwab’s Kleintop
by target1 Wed Jun 29, 2022 2:40 am

» Wall Street stumbles as consumer pessimism stokes growth fears
by target1 Wed Jun 29, 2022 2:34 am

» Free Market Capitalism vs. Crony Capitalism
by target1 Wed Jun 29, 2022 2:30 am

» Sri Lankan corporations reap large profits as workers and rural toilers face poverty and starvation
by CHRONICLE™ Tue Jun 28, 2022 6:37 pm

» අද රාත්‍රියෙන් පසු, යක්ෂයාගේ හෝරාව ඇරඹේ!
by God Father Tue Jun 28, 2022 6:13 pm

» Derana 360 with Minister Dhammika Perera
by samaritan Tue Jun 28, 2022 1:07 pm

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by LHW Tue Jun 28, 2022 9:24 am

» Breaking News- Kanchana to go to Qatar ; 2 more ministers off to Russia
by Beyondsenses Tue Jun 28, 2022 8:13 am

» PM thanks President Biden for assuring US support to Sri Lanka
by Beyondsenses Tue Jun 28, 2022 8:07 am

» Sri Lanka Stock Market heading toward ASPI 4500
by God Father Mon Jun 27, 2022 9:14 pm

» Why no power cuts in certain areas of Colombo?
by God Father Mon Jun 27, 2022 8:03 pm

» කොළඹ රාජකීය ගොල්ෆ් සමාජය විසින් රජයේ දේපළ අවභාවිත කිරීම
by ddindika Mon Jun 27, 2022 9:33 am

» LOLC to enter the giant Indian Market
by samaritan Mon Jun 27, 2022 9:17 am

» LOLC HOLDINGS PLC (LOLC.N0000)
by CHRONICLE™ Mon Jun 27, 2022 6:46 am

» SOEs within Minimum Programme for Economic Recovery
by CHRONICLE™ Mon Jun 27, 2022 6:44 am

» COVID WAVES: Can there be another Covid-19 wave in Sri Lanka?
by CHRONICLE™ Mon Jun 27, 2022 6:36 am

» Luminex Limited lists on the Diri Savi Board after a capital raise of Rs. 250 Million
by CHRONICLE™ Mon Jun 27, 2022 6:34 am

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » LOFC 60+ - Amalgamation 1 LOFC = 1.5 CLC

LOFC 60+ - Amalgamation 1 LOFC = 1.5 CLC

+3
Beyondsenses
Equity Win
Swissinvest
7 posters

Go down  Message [Page 1 of 1]

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

Equity Win


Manager - Equity Analytics
Manager - Equity Analytics

what happen CLC -78/- transfer price to LOCH and CLC have 42% holding in NIFL

Beyondsenses

Beyondsenses
Manager - Equity Analytics
Manager - Equity Analytics

LOFC holders dreaming and making stories............

CLC holders dreaming and making stories............

Wait till confirmed announcements to come. CLC trans fed @ 78 and price went down to 25 even. 

If CLC and LOFC going to xxx digits wait for it.
The real value will be reached end of this month for CLC and LOFC  Wink

stockchaser and Nimantha91 like this post

Swissinvest


Manager - Equity Analytics
Manager - Equity Analytics

LOFC trading over the last four days including today
over 29 = 110 Mn
over 30 = 69 Mn
over 31 = 28 Mn
over 32 = 4 Mn

kanishkaecomm

kanishkaecomm
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

LOFC 60+ - Amalgamation 1 LOFC = 1.5 CLC  Screen72

Beyondsenses

Beyondsenses
Manager - Equity Analytics
Manager - Equity Analytics

kanishkaecomm wrote:LOFC 60+ - Amalgamation 1 LOFC = 1.5 CLC  Screen72


You missed NIFL 237 MN  Wink

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

if they merge they have lot of problems like branch location network.

Beyondsenses likes this post

Surajmp


Manager - Equity Analytics
Manager - Equity Analytics

Beyondsenses wrote:
kanishkaecomm wrote:LOFC 60+ - Amalgamation 1 LOFC = 1.5 CLC  Screen72


You missed NIFL 237 MN  Wink
What did u mean ??? Nifl 237mn

Rational Investor

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

Despite of being a CLC holder ,I presume with this announcement LOFC is now having the upper hand compared with CLC. So technically LOFC price will surpass CLC price sooner.

Swissinvest


Manager - Equity Analytics
Manager - Equity Analytics

LOFC share rice increase is much more stable and steady

Swissinvest


Manager - Equity Analytics
Manager - Equity Analytics

A VERY HEALTHY CONSOLIDATION OF LOFC AT CURRENT LEVELS.
RSI HAS NOW REDUCED AGAIN TO BUY LEVELS FROM OVERBOUGHT LEVELS.
FIRST TIME OF A CROSSING IN THE RECENT PAST.
ALL SIGNS LOOK PROMISING AND THE FUTURE LOOKS GREAT.

roshan1039 likes this post

Back to top  Message [Page 1 of 1]

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