LOLC HOLDINGS PLC (LOLC.N0000)

109.50

why LOLC price extremely drooped down???
in this year also they have profits.last year they have gained over 9 bll profit but still FS not published.i have shares at a price of 115.i have to deside wether is it keeping worth or not..

I have a whole bunch of shares bought at 138.. No worries that will do more in the future.. Itz a long term investment..Collect some more at these levels if you can.

asitha wrote:why LOLC price extremely drooped down???
in this year also they have profits.last year they have gained over 9 bll profit but still FS not published.i have shares at a price of 115.i have to deside wether is it keeping worth or not..

What they have achieved is not that important, whether they can sustain that growth and revenue levels are much more important than historical earnings. So I think short term LOLC will be stagnent or slip to Rs 100 level.. This is just my view...
Also see below Post by Chinw in another thread on LOLC

Re: Confifi Hotels to announce the managing partner soon, mulls revaluation of properties
Post by Chinwi on Thu Jun 09, 2011 10:28 +
According to their announcements, they have 1 1/2 year close down of 3 hotels from this month.
I mentioned somewhere else that this may affect LOLC earnings and share price. Apart from income loss I think they cannot stop the salaries of the staff during this period.

Somehow, when considered their other businesses this may not a big burden for them and I think LOLC may bounce at 110.00

The latest news coming to me from close links of mine (from Dubai based well known hotel interior giant) that LOLC have asked the contractors to complete the work before the next season. The experts in this field say no one will drag the work for 1 and 1/2 years.

That means LOLC may open the best hotels in the golden mile sooner than anticipated. [b]

LOLC is long term term share. If you can buy forget about it for atleast 1 year without worrying about short term price fluctuation ( possibly several years) there is no issue with this. It is an investment Looking at their diversification and strategic moves ,and capacity for revenue genration in the future I too have faith in LOLC. This share need to consolidate after a massive rise last year and a split.

To some it might be question why they shut down their hotels for 1.5 years which will reduce bottom line revenue. To some this might be a negative. To a long term investor acually this is great foresight by LOLC to aspire for the best and not settle for short term minimums. After the refurbishment they are looking at higher class sustained revenues than doing patch work.

Also note that Mr Nanayakkara in the board also is a high networth investor. Their management team has also a quite impressive background and capacity.

slstock wrote:LOLC is long term term share. If you can buy forget about it for atleast 1 year without worrying about short term price fluctuation ( possibly several years) there is no issue with this. It is an investment Looking at their diversification and strategic moves ,and capacity for revenue genration in the future I too have faith in LOLC. This share need to consolidate after a massive rise last year and a split.

To some it might be question why they shut down their hotels for 1.5 years which will reduce bottom line revenue. To some this might be a negative. To a long term investor acually this is great foresight by LOLC to aspire for the best and not settle for short term minimums. After the refurbishment they are looking at higher class sustained revenues than doing patch work.

Also note that Mr Nanayakkara in the board also is a high networth investor. Their management team has also a quite impressive background and capacity.

LOLC is a good share, there's no two words about it, Question is, Is it the right price to collect LOLC or will it slide more in the short term ?

amibroker wrote:

slstock wrote:LOLC is long term term share. If you can buy forget about it for atleast 1 year without worrying about short term price fluctuation ( possibly several years) there is no issue with this. It is an investment Looking at their diversification and strategic moves ,and capacity for revenue genration in the future I too have faith in LOLC. This share need to consolidate after a massive rise last year and a split.

To some it might be question why they shut down their hotels for 1.5 years which will reduce bottom line revenue. To some this might be a negative. To a long term investor acually this is great foresight by LOLC to aspire for the best and not settle for short term minimums. After the refurbishment they are looking at higher class sustained revenues than doing patch work.

Also note that Mr Nanayakkara in the board also is a high networth investor. Their management team has also a quite impressive background and capacity.

LOLC is a good share, there's no two words about it, Question is, Is it the right price to collect LOLC or will it slide more in the short term ?

Some of us collected it at higher prices as we believe in it long term. When going for long term , short term price fluctuations are over looked. Much like putting fixed deposit and forgetting about it until it matures.

As you are also concerned about the best price and short term volatility it can go down a further if the market continues with this bear trend. But this dropping heavily futher is not justifiable. But then again this is CSE as it already broke several other resistances.

Also Watch out their hotel deal operator would be finalized soon. If the news hit positive and hard you know what to expect. Else here and there we can see smaller/short runs in the shorter term when over sold until this recovers.

slstock wrote:

amibroker wrote:

slstock wrote:LOLC is long term term share. If you can buy forget about it for atleast 1 year without worrying about short term price fluctuation ( possibly several years) there is no issue with this. It is an investment Looking at their diversification and strategic moves ,and capacity for revenue genration in the future I too have faith in LOLC. This share need to consolidate after a massive rise last year and a split.

To some it might be question why they shut down their hotels for 1.5 years which will reduce bottom line revenue. To some this might be a negative. To a long term investor acually this is great foresight by LOLC to aspire for the best and not settle for short term minimums. After the refurbishment they are looking at higher class sustained revenues than doing patch work.

Also note that Mr Nanayakkara in the board also is a high networth investor. Their management team has also a quite impressive background and capacity.

LOLC is a good share, there's no two words about it, Question is, Is it the right price to collect LOLC or will it slide more in the short term ?

Some of us collected it at higher prices as we believe in it long term. When going for long term , short term price fluctuations are over looked. Much like putting fixed deposit and forgetting about it until it matures.

As you are also concerned about the best price and short term volatility it can go down a further if the market continues with this bear trend. But this dropping heavily futher is not justifiable. But then again this is CSE as it already broke several other resistances.

Also Watch out their hotel deal operator would be finalized soon. If the news hit positive and hard you know what to expect. Else here and there we can see smaller/short runs in the shorter term when over sold until this recovers.

Thanks SLStock....

slstock, thank you very much. You are analizing the issue nicely. +rep from me.

Besides long term value of LOLC, with the financial success of LOLC and its related subs I see a short-med term value as well.
LOLC has been looking for a good base to form, last time I thought its 110 but it hanged on there for couple of days and broke the support then landed at 108..
Looks like this is heading down but soon this has to find a support level and head back 111, 112 resistance levels..

smallville wrote:Besides long term value of LOLC, with the financial success of LOLC and its related subs I see a short-med term value as well.
LOLC has been looking for a good base to form, last time I thought its 110 but it hanged on there for couple of days and broke the support then landed at 108..
Looks like this is heading down but soon this has to find a support level and head back 111, 112 resistance levels..

Dear Smallville,

Most recently it has broken support level around 117, & now landed at 108.

Do you mean its next resistance level would be around 112 ?

Appreciate your comment on this matter.

Intrinsic wrote:

smallville wrote:Besides long term value of LOLC, with the financial success of LOLC and its related subs I see a short-med term value as well.
LOLC has been looking for a good base to form, last time I thought its 110 but it hanged on there for couple of days and broke the support then landed at 108..
Looks like this is heading down but soon this has to find a support level and head back 111, 112 resistance levels..

Dear Smallville,

Most recently it has broken support level around 117, & now landed at 108.

Do you mean its next resistance level would be around 112 ?

Appreciate your comment on this matter.

As I can remember LOLC resistance levels are 111, 112, 113 also 111,112 acted as support levels as few times those have been touched.

smallville wrote:

Intrinsic wrote:

smallville wrote:Besides long term value of LOLC, with the financial success of LOLC and its related subs I see a short-med term value as well.
LOLC has been looking for a good base to form, last time I thought its 110 but it hanged on there for couple of days and broke the support then landed at 108..
Looks like this is heading down but soon this has to find a support level and head back 111, 112 resistance levels..

Dear Smallville,

Most recently it has broken support level around 117, & now landed at 108.

Do you mean its next resistance level would be around 112 ?

Appreciate your comment on this matter.

As I can remember LOLC resistance levels are 111, 112, 113 also 111,112 acted as support levels as few times those have been touched.

I am trying to upload the relevant chart.

[quote="Intrinsic"]

smallville wrote:

Intrinsic wrote:

smallville wrote:Besides long term value of LOLC, with the financial success of LOLC and its related subs I see a short-med term value as well.
LOLC has been looking for a good base to form, last time I thought its 110 but it hanged on there for couple of days and broke the support then landed at 108..
Looks like this is heading down but soon this has to find a support level and head back 111, 112 resistance levels..

Dear Smallville,

Most recently it has broken support level around 117, & now landed at 108.

Do you mean its next resistance level would be around 112 ?

Appreciate your comment on this matter.

As I can remember LOLC resistance levels are 111, 112, 113 also 111,112 acted as support levels as few times those have been touched.

I am trying to upload the relevant chart.

(ctrl+p)

[quote="Intrinsic"]

Intrinsic wrote:

smallville wrote:

Intrinsic wrote:

smallville wrote:Besides long term value of LOLC, with the financial success of LOLC and its related subs I see a short-med term value as well.
LOLC has been looking for a good base to form, last time I thought its 110 but it hanged on there for couple of days and broke the support then landed at 108..
Looks like this is heading down but soon this has to find a support level and head back 111, 112 resistance levels..

Dear Smallville,

Most recently it has broken support level around 117, & now landed at 108.

Do you mean its next resistance level would be around 112 ?

Appreciate your comment on this matter.

As I can remember LOLC resistance levels are 111, 112, 113 also 111,112 acted as support levels as few times those have been touched.

I am trying to upload the relevant chart.

(ctrl+p)

Technically what can be arrived at ? Support level of 100, 90 or further down ? Technical Analyst's comments are most welcome !

http://www.ft.lk/2011/06/17/lolc-islamic-banking-unit-al-falaah-expands-to-akurana/

seems to be LOLC going through the same fate trend of blue chips

nevertheless their long term plans on leisure sector shows the prudence level of a far sighted director board

for me LOLC is a good pick for a medium term investment

Bellow 100. Any LOLC fan here?

tubal wrote:

Monster wrote:I don’t have any more patience. I disposed it for 143.90 in the morning.

If I were you I would have bought back at 138 just to see where this goes. I am also of the opinion that the published earnings aren't as good as the press releases would have us believe (academic's point of view). However I also think that what mono says is not without merit.

I have made a good decision. Now it's almost Rs100/-. From next week I am going to start to collect.

Monster wrote:

tubal wrote:

Monster wrote:I don’t have any more patience. I disposed it for 143.90 in the morning.

If I were you I would have bought back at 138 just to see where this goes. I am also of the opinion that the published earnings aren't as good as the press releases would have us believe (academic's point of view). However I also think that what mono says is not without merit.

I have made a good decision. Now it's almost Rs100/-. From next week I am going to start to collect.

I did buy some at around 138, I traded it quite a few times and sold at 119 the trading covered the bulk of the losses. I have no plans of re entry, they can't match last years earnings this year.

tubal wrote:

Monster wrote:

tubal wrote:

Monster wrote:I don’t have any more patience. I disposed it for 143.90 in the morning.

If I were you I would have bought back at 138 just to see where this goes. I am also of the opinion that the published earnings aren't as good as the press releases would have us believe (academic's point of view). However I also think that what mono says is not without merit.

I have made a good decision. Now it's almost Rs100/-. From next week I am going to start to collect.

I did buy some at around 138, I traded it quite a few times and sold at 119 the trading covered the bulk of the losses. I have no plans of re entry, they can't match last years earnings this year.

Some what I agree with you. They wouldn't make any revenue from it's leisure for the next 18 months since they are closing for refurbishment. Hence it's going be a burden for the group in this financial year unless company perform extra ordinary in their core business.

Hi experts,
Will LOLC be further come down..?
or
Is it worth to buy at current prices in order to average the cost?

Buy in 95-100range. Its a good mid term investment.

RSI is well below 30.

Academic wrote:

gann wrote:

Academic wrote:

1.
The immediate reason for going LOLC down is its earning quality and downgrading debt rating based on double leverage.

Can any of you explain how name change to Holding address above issues? Isn't it the same LOLC?

2.
Further it is no more a Finance company. A jack of all trades.

Investors attracted to its finance business which will be shifted to LOFC. Once LOFC listed people may forget LOLC. This may explain why we saw large sell orders for LOLC in last couples of days (an information leakage?)?

In addition to that widely diversified companies are subjected to a "Conglomeration discount" in calculating its fair-value.

According to the following article LOLC is already in the top list of diversified companies in par with JKH with a impressive growth of Assets and ROE.
http://www.ft.lk/2011/04/08/welcome-the-new-conglomerate/

Any comments?

It is bit difficult to predict how market would react. However, FT article clearly shows ROA of LOLC is well below two largest diversifieds, JKH and Carson. In addition to that part of reported earnings of LOLC was due to SEYB investment reclassification (1.7 billion). This may have revised by 31 march as SEYB doped to 75. So I cant see a impressive ROA with LOLC. IMHO recent acquisitions made LOLC's ROA stagnant (As Fitch Ratings pointed out in below link).

See http://www.lankabusinessonline.com/fullstory.php?nid=926577279 for more details.

I think LOLC wants to remove this diluting effect of acquisitions from its main business. That is why they are going to list Financial companies. Thus, financial subsidiaries would be attractive compared to LOLC in terms of ROA , ROE etc, as all dilutions are accumulated at holding company (LOLC) level.

This is not an investment advice or recommendation

As I explained on the other day, drop in LOLC is likely attributable to listing Lanka Orix Finance (LOF) ( see announcement at http://www.cse.lk/cmt/upload_cse_announcements/7861308891717_.pdf )

So don't be panic by seeing LOLC at below 100. Once LOF listed LOLC may further go down.

Any news behind the large turnover. Some interest shown on LOFC as well.

A sell out I guess

LOLC was green in a red market. was it a foreign buying today ?

Hope will be more active tomorrow
wish LOFC will follow LOLC

LOLC is a very strong company at the current market. Even in the fundamentally Its really worth to current price. With this high volume turnover, I guess it will go up in coming days.....

I dont think it's a sell out.. I guess it is on the market deal.

After September 30th we can see some shift in investors mind set. We followed the rally. All went up, irrespective of results of near future.

NOW IT'S WHO WILL DELIVER BETTER RESULTS IN THE QUARTER JUST ENDED!

We can see all the shares that are expected to do well in September are sustaining. LOLC is one of them.

Q on Q basis LOLC will report more than three tims than that of June 30th 2012.