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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » LOLC HOLDINGS PLC (LOLC.N0000)

LOLC HOLDINGS PLC (LOLC.N0000)

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126LOLC HOLDINGS PLC (LOLC.N0000) - Page 6 Empty Re: LOLC HOLDINGS PLC (LOLC.N0000) Thu Oct 04, 2012 2:40 pm

smallville


Associate Director - Equity Analytics
Associate Director - Equity Analytics
A sell out I guess Wink

127LOLC HOLDINGS PLC (LOLC.N0000) - Page 6 Empty Re: LOLC HOLDINGS PLC (LOLC.N0000) Thu Oct 04, 2012 3:24 pm

sureshot


Vice President - Equity Analytics
Vice President - Equity Analytics
LOLC was green in a red market. was it a foreign buying today ?

Hope will be more active tomorrow
wish LOFC will follow LOLC

128LOLC HOLDINGS PLC (LOLC.N0000) - Page 6 Empty Re: LOLC HOLDINGS PLC (LOLC.N0000) Thu Oct 04, 2012 4:05 pm

wsaman


Manager - Equity Analytics
Manager - Equity Analytics
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.....

129LOLC HOLDINGS PLC (LOLC.N0000) - Page 6 Empty Re: LOLC HOLDINGS PLC (LOLC.N0000) Thu Oct 04, 2012 4:13 pm

monash


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
I dont think it's a sell out.. I guess it is on the market deal.

130LOLC HOLDINGS PLC (LOLC.N0000) - Page 6 Empty Re: LOLC HOLDINGS PLC (LOLC.N0000) Thu Oct 04, 2012 4:21 pm

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics
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.



Last edited by hariesha on Thu Oct 04, 2012 4:32 pm; edited 1 time in total

131LOLC HOLDINGS PLC (LOLC.N0000) - Page 6 Empty Re: LOLC HOLDINGS PLC (LOLC.N0000) Thu Oct 04, 2012 4:25 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@hariesha wrote:

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

You have a good point. Most strong shares are not dropping heavily in this red days.

132LOLC HOLDINGS PLC (LOLC.N0000) - Page 6 Empty Re: LOLC HOLDINGS PLC (LOLC.N0000) Thu Oct 04, 2012 4:46 pm

econ

econ
Global Moderator
I think another news already leaked to brokers.

133LOLC HOLDINGS PLC (LOLC.N0000) - Page 6 Empty Re: LOLC HOLDINGS PLC (LOLC.N0000) Thu Oct 04, 2012 6:59 pm

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@econ wrote:I think another news already leaked to brokers.
Econ i dont know what news this all about....but i had a look at the charts yesterday....and did not like the PA ....so for all my BUY orders are on hold until the correction leg is complete......now dont ask me precisely where is the turning point.... Very Happy

A good re-entry imo is 5550-5650 if at all touches...perhaps market can turn GREEN all of sudden Laughing in a day or 2 or perhaps 3..... Suspect

TAH

134LOLC HOLDINGS PLC (LOLC.N0000) - Page 6 Empty Re: LOLC HOLDINGS PLC (LOLC.N0000) Thu Oct 04, 2012 9:48 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@monash wrote:I dont think it's a sell out.. I guess it is on the market deal.

I mean its selling pressure.. Not a sell deal Wink

135LOLC HOLDINGS PLC (LOLC.N0000) - Page 6 Empty Re: LOLC HOLDINGS PLC (LOLC.N0000) Fri Oct 05, 2012 12:16 am

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics
I didn't know any news about LOLC. But I made purchases expecting good quarterly results. But there were some abnormal accumulation during last several days. Some body has highlighted this activity in the forum yesterday or day before. I didn't expect LOLC to start moving so quickly. So couldn’t collect the targeted quantity yet. Hope it will not move rapidly in the coming days.

Why I looked at it as one of my picks for Oct.

LOLC is one of the largest investment trusts in CSE, though people consider it as a leasing company or a diversified holding. At group level their portfolio value was about 9.7 billion in last June. According to my calculations their net gain from CSE activities for the three months ended 30th Sep. 2012 should be something between Rs. 1.4 - 1.9 billion. This equals to an EPS of Rs. 2.75 - 3.80. Without this gain last quarter they had and EPS of Rs.1.38. So we can expect something close to Rs.4/- for the September quarter.

Is this going to be only for this quarter? As majority of the analysts believe market will gradually move ahead, LOLC will make similar gains for DEC. and March also, which can easily generate an EPS exceeding Rs.12/- for FY 2012/2013.

So when we consider current year earnings expectations LOLC is trading at 1X PBV and less than 5X PER.

Next question is, is it realistic? Yes they have done it in FY 2009/10, FY 2010/11 and even in 2011/12.

Expect a detail analysis in the future, if time permits.

136LOLC HOLDINGS PLC (LOLC.N0000) - Page 6 Empty Re: LOLC HOLDINGS PLC (LOLC.N0000) Fri Oct 05, 2012 6:47 am

monash

monash
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@slstock wrote:
@hariesha wrote:

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

You have a good point. Most strong shares are not dropping heavily in this red days.

But LOLC already had a massive drop from Rs.145 to 35 during past year. Smile

137LOLC HOLDINGS PLC (LOLC.N0000) - Page 6 Empty Re: LOLC HOLDINGS PLC (LOLC.N0000) Fri Oct 05, 2012 7:00 am

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@monash wrote:
@slstock wrote:
@hariesha wrote:

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



You have a good point. Most strong shares are not dropping heavily in this red days.



But LOLC already had a massive drop from Rs.145 to 35 during past year. Smile


What I meant is during these recent Red days strong shares are not
falling that much. Possbily because some of them are over corrected.


Well if you talking about the major market drops from asi 7800 to 4700. Yes LOLC dropped actually Rs 26. NOte on EPS basis and NAV basis
these drops for LOLC were not valid. But people discounted it too much
for one time gain and made it drop to unrealistic levels. That what bear does to you. Not only LOLC
almost all shares good and bad lost ground . Rs 250 shares Rs
15+. Rs 2000 shares to Rs 210. Rs 28 IPO to Rs 9. Rs 15 to Rs 6 + etc etc. During these drops some will get over corrected.

138LOLC HOLDINGS PLC (LOLC.N0000) - Page 6 Empty Re: LOLC HOLDINGS PLC (LOLC.N0000) Fri Oct 05, 2012 9:47 am

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
LOLC is no wonder a good company under a careful mgt.. What I see these days is some one is selling this share at 50-51 levels..
Price is not moving up and cash map is red (DFN cash map is disastrous sometimes)

I use ADX to measure the strength and it indicates a weak strength for LOLC last 6-7 days..

For the last four trading days 9.0 Mil shares traded. From as low as 50.3 to high as 53.5 in just 4 days.

LOLC HOLDINGS PLC (LOLC.N0000) - Page 6 Lolc11

Yesterday ADX's gave an in indication the strength is going to get reversed by +DI line crossing the -DI..

Now 200Day MA has been crossed uppish by 20Day MA. And the trading price is just under both..
At 50.5, this just resides on the 23.6% Fib level from the last uptrend..

So lets see how this goes as the selling subdues..

139LOLC HOLDINGS PLC (LOLC.N0000) - Page 6 Empty Re: LOLC HOLDINGS PLC (LOLC.N0000) Fri Oct 05, 2012 10:11 am

Rapaport

Rapaport
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
To me if you take activity from Feb 2012, there is a cup and handle sort of accumuluation pattern with the handle in formation at the moment...
I may be wrong... Hmmm...

Cheers!

140LOLC HOLDINGS PLC (LOLC.N0000) - Page 6 Empty Re: LOLC HOLDINGS PLC (LOLC.N0000) Fri Oct 05, 2012 12:03 pm

Backstage

Backstage
Moderator
Moderator
SLIC shedding stake.

141LOLC HOLDINGS PLC (LOLC.N0000) - Page 6 Empty Re: LOLC HOLDINGS PLC (LOLC.N0000) Fri Oct 05, 2012 2:10 pm

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics
Those who bought in the morning for day trading can realize 8% for the day. Those who bought 50-51 levels now enjoy about 14% within 5 days.

Those who keep eys on charts can buy later!

142LOLC HOLDINGS PLC (LOLC.N0000) - Page 6 Empty Re: LOLC HOLDINGS PLC (LOLC.N0000) Fri Oct 05, 2012 3:24 pm

kasun333


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
oh technical lover buy our sheres @ high technical is useless in cse.poor lovers lol!

143LOLC HOLDINGS PLC (LOLC.N0000) - Page 6 Empty Re: LOLC HOLDINGS PLC (LOLC.N0000) Fri Oct 05, 2012 3:47 pm

malanp


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

last qtr eps is 1.38. unless september qtr shows better results LOLC is already at peak level.

144LOLC HOLDINGS PLC (LOLC.N0000) - Page 6 Empty Re: LOLC HOLDINGS PLC (LOLC.N0000) Fri Oct 05, 2012 4:40 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Ok this is the funniest part..

I talked about the strength of the signal.. Then today morning I published this;

Yesterday ADX's gave an in indication the strength is going to get reversed by +DI line crossing the -DI..

Now 200Day MA has been crossed uppish by 20Day MA. And the trading price is just under both..
At 50.5, this just resides on the 23.6% Fib level from the last uptrend..


I did read my chart correct and indicated a reversal is imminent.. For those who cannot read properly and think they're smart I've nothing to say.. :Deleted:

BTW, do I need to mention my buy point and exit point too?? lol!

One thing is clear.. There're a lot of in reading comprehension issues amongst some members...
Posting a technical finding now a-days almost kinda non-sense cuz someone comes back and try to show their foolishness without even knowing what the poster has done.. Laughing

145LOLC HOLDINGS PLC (LOLC.N0000) - Page 6 Empty Re: LOLC HOLDINGS PLC (LOLC.N0000) Fri Oct 05, 2012 4:47 pm

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics
????? Very Happy

146LOLC HOLDINGS PLC (LOLC.N0000) - Page 6 Empty Re: LOLC HOLDINGS PLC (LOLC.N0000) Fri Oct 05, 2012 5:02 pm

sanju351

sanju351
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Backstage wrote:SLIC shedding stake.

Yes this is artificial price hike now the manupulation is on the fundermentaly sound shares also
SLIC wants to shed it s stake at high price and they are doing it in smart way ....

Dont get burned your selves .. Shocked Shocked Shocked Shocked Shocked

147LOLC HOLDINGS PLC (LOLC.N0000) - Page 6 Empty Re: LOLC HOLDINGS PLC (LOLC.N0000) Fri Oct 05, 2012 5:44 pm

klpfernando


Manager - Equity Analytics
Manager - Equity Analytics
LOLCt had good run from 26 to 55 without much sellers.then it started to come down bit because of the big seller.now buyer at Rs 50.50 absorb most of the selling.IF i am rightly red those movements this share should appreciate 5% next week.
If we are thinking medium to long term this is one of the biggest local investors in post WAR sri lanka. I think only concern among investors is their huge expose to declining finance sector. But when their other investments like hotels ,sugar and green energy project will make good profits in the coming years.

148LOLC HOLDINGS PLC (LOLC.N0000) - Page 6 Empty Re: LOLC HOLDINGS PLC (LOLC.N0000) Fri Oct 05, 2012 5:55 pm

Dr_CSE


Manager - Equity Analytics
Manager - Equity Analytics
someone wrote:
Dont get burned your selves .. Shocked Shocked Shocked Shocked Shocked
How ironical is this ? The very people who dragged others to fire advise not to get burnt.
* When CSF was trading at peak around 26 -28 someone disclosed about a deal set at Rs. 40.
* When York was trading around 40 someone disclosed about a right issue and share price hike upto Rs 80.
These are few of the examples i can remember. As a beginner who knows nothing about MACD or RSI I lost thousands of my money following these posts made for ulterior motives. The irony is, such people without a conscience who think of earning money even by killing a dog advise others not to get burnt.

149LOLC HOLDINGS PLC (LOLC.N0000) - Page 6 Empty Re: LOLC HOLDINGS PLC (LOLC.N0000) Fri Oct 05, 2012 8:02 pm

hasi17


Equity Analytic
Equity Analytic
What if the hike today was the result of forum posts written about it? May be it helped a push. It wasn't the first time it happened. Remember Market Watch Wink Because me too did a day trading just for fun after reading the posts. I wouldn't do that if it wasn't for the post. Wink

150LOLC HOLDINGS PLC (LOLC.N0000) - Page 6 Empty Re: LOLC HOLDINGS PLC (LOLC.N0000) Fri Oct 05, 2012 8:09 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@hasi17 wrote:What if the hike today was the result of forum posts written about it? May be it helped a push. It wasn't the first time it happened. Remember Market Watch Wink Because me too did a day trading just for fun after reading the posts. I wouldn't do that if it wasn't for the post. Wink

:Deleted: husshhhhhhhhhhhh

151LOLC HOLDINGS PLC (LOLC.N0000) - Page 6 Empty Buy LIOC @ 44 levels... Wed Aug 20, 2014 12:11 am

THILANGAF


Manager - Equity Analytics
Manager - Equity Analytics
LIOC will get benefit!!1

152LOLC HOLDINGS PLC (LOLC.N0000) - Page 6 Empty Re: LOLC HOLDINGS PLC (LOLC.N0000) Thu Aug 21, 2014 12:38 am

Eng Krishantha

Eng Krishantha
Expert
Expert
it will fire very soon..

153LOLC HOLDINGS PLC (LOLC.N0000) - Page 6 Empty LIOC Crossings Fri Aug 22, 2014 2:00 pm

Santa

Santa
Manager - Equity Analytics
Manager - Equity Analytics
Did anyone notice huge crossings on LIOC.

Yesterday around 2 million.
Today a huge parcel I think it was close to 7 million.



Last edited by Santa on Fri Aug 22, 2014 2:23 pm; edited 1 time in total

154LOLC HOLDINGS PLC (LOLC.N0000) - Page 6 Empty Re: LOLC HOLDINGS PLC (LOLC.N0000) Fri Aug 22, 2014 2:17 pm

yellow knife


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
who are the sellers and buyers of these...I suspect government related institutions are the sellers. They may have purchased at lower prices and now selling..but who are the buyers

155LOLC HOLDINGS PLC (LOLC.N0000) - Page 6 Empty Re: LOLC HOLDINGS PLC (LOLC.N0000) Fri Aug 22, 2014 6:14 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert
@Santa wrote:Did anyone notice huge crossings on LIOC.

Yesterday around 2 million.
Today a huge parcel I think it was close to 7 million.

Colombo shares concluded the weekly operations with positive returns as All share price index gained mere 3.27 points (+0.05%) to end at 7,008.02 while 20 script S&P SL marginally gained 0.97 points (+0.03%) to end at 3,863.88. Core index gained 64.17 points whereas S&P SL index gained 42.90 points during the week.

Price advancements in counters such as Ceylon Tobacco (closed at LKR 1,200.00, +1%), Bukit Darah (closed at LKR 700.20, +3%) and Commercial Leasing & Finance (closed at LKR 4.50, +4.7%) affected favorably to the index performances.

Accordingly sectors such as stores & supplies sector (+5%), Investment trust sector (+2%) and Services sector (+1%) mainly contributed positively for today’s performance.

Daily market turnover reached LKR 2.7bn underpinned by several crossings recorded in John Keells Holdings (3.9mn shares at LKR 244.00-246.00 per share), Hemas Holdings (2.8mn shares at LKR 51.00 per share), Lanka IOC (3.3mn shares at LKR 37.70 per share), Hatton National Bank non-voting (0.4mn shares at LKR 136.20 per share) and Hatton National Bank (0.3mn shares at LKR 167.50 per share). Aggregate value of crossings represented 50% of the total market turnover.

Accordingly, John Keells Holdings positioned at top of the turnover list with LKR 1bn followed by Hemas Holdings (LKR 155mn) and Lanka Century Investments (LKR 154mn).

Gainers surpassed the losers 126 to 102, while 52 equities remained unchanged. Cash map declined to 52% from 57%. 30 counters reached to 52wk high price levels while only Serendib Engineering Group touched 52wk low price.

Meanwhile penny stocks such as Taprobane Holdings, Lanka Century Investments, HVA Foods and Browns Investments traded heavily during the day.

Renuka Agri Foods declared a first & final dividend of LKR 0.10 per share (DY 3%) during the trading session and closed with higher returns. Counter closed at LKR 3.60, +2.9%. In addition, Vallibel One declared an interim dividend of LKR 0.40 per share and Bukit Darah declared a first interim dividend of LKR 3.00 per share.

Foreign investors were net sellers with a net outflow of LKR 487mn. Foreign participation was 27%. Net foreign outflows were mainly seen in John Keells Holdings (LKR 595mn), Hatton National Bank (LKR 53mn) and Sanasa Development Bank (LKR 6mn) while net foreign inflow was mainly seen in Hemas Holdings (LKR 133mn).

Lanka Securities Research

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