LOLC FINANCE PLC (LOFC.N0000)

Equity Win wrote:LOFC topic temporally locked by admin from today due to unwanted post but as per my observations it's journey can't stop this is not promotion only based on its past behaviour and experience

sureshot wrote:People sold LOFC and bought AAIC/SCAP.....


once  SCAP slows down we will see a run in LOFC  &  LOLC / LGIL/ BIL   in Feb.


Already LOLC stared its journey. 

Beyondsenses wrote:

ඔයා තාම SCAP ගේමද play කරන්නේ ?

Beyondsenses wrote:

Equity Win wrote:LOFC topic temporally locked by admin from today due to unwanted post but as per my observations it's journey can't stop this is not promotion only based on its past behaviour and experience

බල්ලෝ බිරුවට කඳු පාත් වෙන්නේ නැහැ කියලා තියෙනවා නේ ..... අපි බලන් ඉමු LOFC එකේ ඉදිරි ගමන. මෙතනත් ඇවිත් ඇමිනෙන්න හැදුවොත් report කරලා සත්තු ටික forum එකෙන් චුත කරමු Guys ... ආයේ ඉතීම් 123 1974 දාගෙන එයි අළුත් profile හදාගෙන 

Equity Win wrote:LOFC topic temporally locked by admin from today due to unwanted post but as per my observations it's journey can't stop this is not promotion only based on its past behaviour and experience

SamJay1974 wrote:

Equity Win wrote:LOFC topic temporally locked by admin from today due to unwanted post but as per my observations it's journey can't stop this is not promotion only based on its past behaviour and experience

I agree with you, it's journey cannot be stopped, because it's always BACKWARDS!
Feeling so sad for our die hard LOFC promoters 
Special shoutout to uncle Beyondsenses (a.k.a. Foreigner)

If you want to waste your money, go for LOFC.
If you want to earn more money, please look for other options.

God Father wrote:

Find above the Exchanges Rates of the countries LOLC has made its foreign investments.

LOLC Holdings PLC (LOLC) foreign investments awaits future capital losses due to fall of investment value on the back of depreciating African currencies. According to recent announcement by the LOLC Holdings PLC, group foreign investments now account for more than 50% of it total assets.

As per the latest quarterly results LOLC Holdings PLC had made a loss of LKR 318mn but paid a staggering LKR 6.8Bn to acquire LKR 3.3bn of foreign assets (as listed below) at a premium in excess of 43.8%.  





https://cdn.cse.lk/cmt/upload_report_file/378_1668512667827.pdf

Investors are disappointed due to the fact that LOLC Directors have ignored to pay any dividends to shareholders whatsoever for last 10 years despite spinning frequent success stories about foreign investments in countries like, Zimbabwe, Africa etc.. with highly vulnerable exchange rates. According to recent announcement by the LOLC Holdings PLC, companies foreign assets now account for more than 50% of its total assets. 

Further as per their latest interim accounts (As given below), LOLC has acquired foreign assets at huge premiums during the quarter ended 30th September 2022, whilst local business is suffered a net loss. Despite the companies fragile performance, LOLC directors continue to boast about their success of foreign investments and future profit expectations which may mislead their own minority shareholders at a time investors are greatly suffering due to the current economic crisis faced by the country.

Investors are affected and highly concerned due to losses suffered by the fall of LOLC, LOFC, NIFL and related LOLC Group companies shares in addition to their suffering arising from the increase in cost of living due to rising inflation and high borrowing rates.

Everybody question as to why the richest person in Sri Lanka does not care about his own small investors who helped the company to setup the launch pad for LOLC success.

"Success is best when it's shared." – Howard Schultz

Beyondsenses wrote:

God Father wrote:

Find above the Exchanges Rates of the countries LOLC has made its foreign investments.

LOLC Holdings PLC (LOLC) foreign investments awaits future capital losses due to fall of investment value on the back of depreciating African currencies. According to recent announcement by the LOLC Holdings PLC, group foreign investments now account for more than 50% of it total assets.

As per the latest quarterly results LOLC Holdings PLC had made a loss of LKR 318mn but paid a staggering LKR 6.8Bn to acquire LKR 3.3bn of foreign assets (as listed below) at a premium in excess of 43.8%.  





https://cdn.cse.lk/cmt/upload_report_file/378_1668512667827.pdf

Investors are disappointed due to the fact that LOLC Directors have ignored to pay any dividends to shareholders whatsoever for last 10 years despite spinning frequent success stories about foreign investments in countries like, Zimbabwe, Africa etc.. with highly vulnerable exchange rates. According to recent announcement by the LOLC Holdings PLC, companies foreign assets now account for more than 50% of its total assets. 

Further as per their latest interim accounts (As given below), LOLC has acquired foreign assets at huge premiums during the quarter ended 30th September 2022, whilst local business is suffered a net loss. Despite the companies fragile performance, LOLC directors continue to boast about their success of foreign investments and future profit expectations which may mislead their own minority shareholders at a time investors are greatly suffering due to the current economic crisis faced by the country.

Investors are affected and highly concerned due to losses suffered by the fall of LOLC, LOFC, NIFL and related LOLC Group companies shares in addition to their suffering arising from the increase in cost of living due to rising inflation and high borrowing rates.

Everybody question as to why the richest person in Sri Lanka does not care about his own small investors who helped the company to setup the launch pad for LOLC success.

"Success is best when it's shared." – Howard Schultz

"Everybody question as to why the richest person in Sri Lanka does not care about his own small investors who helped the company to setup the launch pad for LOLC success." කස්ටිය ඊයේ ඇහුවේ නැද්ද ඕක මිටිමේදී ?????

D.M.P.Disanayake wrote:Hi All,

You may have why? They did debenture listing of LOCH? 

LOCH should issue ordinary voting shares


You may ask why? How? evidence?

Please refer the CSE article they have already mentioned  

https://cdn.cse.lk/cmt/announcement_portal_prod/LOCH_Further%20Disclosure%20to%2020.11.2021_15845707655934.pdf


You may ask How? LOFC = LOCH? 

Currently, LOLC Finance PLC, the largest NBFI in the country. 


https://cdn.cse.lk/cmt/upload_report_file/2442_1634242680630.pdf

             LOLC = LOCH
                                 LOFC = LOCH
                                                       LOFC = LOLC

Beyondsenses wrote:

SamJay1974 wrote:

Equity Win wrote:LOFC topic temporally locked by admin from today due to unwanted post but as per my observations it's journey can't stop this is not promotion only based on its past behaviour and experience

I agree with you, it's journey cannot be stopped, because it's always BACKWARDS!
Feeling so sad for our die hard LOFC promoters 
Special shoutout to uncle Beyondsenses (a.k.a. Foreigner)

If you want to waste your money, go for LOFC.
If you want to earn more money, please look for other options.

@ Admin please tie up these dogs

Beyondsenses wrote:@ Admin, don't block topics -just block these kind of animals from the forum

Equity Win wrote:What happen tomorrow price appreciate or deprecate. I guess market will be red but LOFC will be stable.

svkiruba8@gmail.com wrote:Need to break 8.8 soon !!!

SamJay1974 wrote:

Equity Win wrote:What happen tomorrow price appreciate or deprecate. I guess market will be red but LOFC will be stable.

Yes, I do believe that the market is going to be green for a brief period, then all the way red. Also LOFC won’t be able to retain it’s current levels. By the end of the week it’ll close around 6.20 ish.

Riz123 wrote:

SamJay1974 wrote:

Equity Win wrote:What happen tomorrow price appreciate or deprecate. I guess market will be red but LOFC will be stable.

Yes, I do believe that the market is going to be green for a brief period, then all the way red. Also LOFC won’t be able to retain it’s current levels. By the end of the week it’ll close around 6.20 ish.

Ane bro karunaakarala oyaa LOFC share ekka tharahak thiyenawanam oyaa A share eka ganna epaa, boruwata panic karala ahinsaka retailers laawa amaaruwe daanna epaa, honda gentlemen kenek vidiyata hesirennako pls

RAVI1980 wrote:For me some one is desperate to sell wait and see till tomorrow

Surajmp wrote:Game started