Sell CTC & Buy LFIN - WHY?

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Postby new one » Thu Jun 11, 2015 8:22 am

Give your valuable comments Please..... :ymhug: :ymhug: :ymhug:

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Re: Sell CTC & Buy LFIN - WHY?

Postby stocks hunter » Wed Jun 17, 2015 7:33 pm

This post was initiated on 12th May 2015. The share prices of both companies are mentioned below as at 12/05/2015

LFIN = Rs182.30

CTC = Rs1009.00

Trading price of both these shares as at 17/06/2015

LFIN = Rs220 + Rs10/share pending dividend

CTC = Rs910.80

LFIN = Appreciation is Rs37.70 + Rs10 dividend = Rs47.70

CTC = Depreciation is Rs98.20

Think twice................

;)

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Re: Sell CTC & Buy LFIN - WHY?

Postby SHARK » Wed Jun 17, 2015 8:10 pm

Good One...

Missed to buy at last pull back the balance LOT :(
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Re: Sell CTC & Buy LFIN - WHY?

Postby stocks hunter » Sat Jun 20, 2015 8:39 am

Still you have a very good chance to enter LFIN. Globally it has started over valued counters to come down.Better be careful with over valued counters.

LFIN still gives you a very good chance to get a decent profit withing a very short time period.

:-D
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Re: Sell CTC & Buy LFIN - WHY?

Postby Insight » Sat Jun 20, 2015 5:42 pm

Dear stocks hunter,

I'm new to this forum..What will be the minimum LFIN price by 8th July with the dividend of Rs.10 as per your analyzing and knowledge..

Appreciate your thoughts...

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Re: Sell CTC & Buy LFIN - WHY?

Postby stocks hunter » Sat Jun 20, 2015 5:52 pm

LFIN should trade around Rs300/ with out any dividends and sub divisions. Just imagine the future potential of LFIN. After subdivision this should trade around Rs130 - Rs150 levels.This is only my personnal view.

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Re: Sell CTC & Buy LFIN - WHY?

Postby SHARK » Sat Jun 20, 2015 6:06 pm

I feel this is worth around min 275.... failed to buy 205 in the pull back ..... :(
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Re: Sell CTC & Buy LFIN - WHY?

Postby Insight » Sat Jun 20, 2015 6:11 pm

Dear Shark,

Is it ok if I enter at this level (233 -235) now..will it go that far (to Rs 275)
By the SPLIT date (8th July) ????

Pl share your thoughts ...
Thanks

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Re: Sell CTC & Buy LFIN - WHY?

Postby SHARK » Sat Jun 20, 2015 10:21 pm

thanks Insight for the above post and we as investors always tempt into go with the crowd, and get in and in the process either we succeed or get caught at the end of a rally.
what is important as of now is to wait in my opinion and best would be to enter positions post split.

as we dont know how this rally would continue.
had you entered much earlier around 205 that decision would have given you a very good gain as we speak.
And your decision would have been based on a good technical reason.
i always advise we should go in with either a fundamental reason, a technical reason or both when you decide to BUY a particular share.

now coming back to LFIN, value wise LFIN could go towards min 275 based on current value whilst technically might see 235-240 as sell on RES arond that zone.
so there is a limited risk involved going into this trade right now.
so best choice is to avoid noisy shares and try and concentrate on others which are beginning their break-out and next phase in their cycle.
Price is what you pay. Value is what you get.”

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Re: Sell CTC & Buy LFIN - WHY?

Postby SHARK » Sat Jun 20, 2015 10:24 pm

Do remember rally started around 180+ levels so there has been a considerable appreciation.
i own a small qty and stil regret failure to enter 205 on pull back.
but thats how life of an investor or trader.
let us not be greedy and we should look for other shares ..... before they start movin :D
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Re: Sell CTC & Buy LFIN - WHY?

Postby Insight » Sat Jun 20, 2015 10:38 pm

Dear Shark,

Thank you very much for the lengthy advise.
Highly appreciated and thanks a lot again.

Cheers.!!!

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Re: Sell CTC & Buy LFIN - WHY?

Postby stocks hunter » Sun Jun 21, 2015 7:40 am

Dear shark,

My argument is with CTC share holders. CTC will come down further. Why people keep CTC with them is purely to get a high dividend. CTC under massive pressure from the Govt. now. I strongly believe CTC will report reduce sales in future. They reported lower profits for the FY14 than FY13. FY13 they reported Rs9,140 and in FY14 profit has come down to Rs8,619 and annualized EPS has come down to RS46.01 from Rs48.80. Now just see they have reduce the Dividend declared for the 1Q15 by a considerable margin. If this continues like this what is the purpose of holding to this share.

Date of Announcement: - 09.May.2014
Dividend per Share: - Rs. 10.80 per share / First Interim Dividend
Financial Year: - 2014
XD: - 22.May.2014

Down to

Date of Announcement: - 11.May.2015
Dividend per Share: - Rs. 3.45 per share (Less withholding tax) / First Interim Dividend
Financial Year: -2015
XD: - 20.May.2015

Hence my argument is if I still have CTC with me I will definetely sell it and buy LFIN even at Rs250 levels coz even after subdivision their fundamentals looks attractive.Mind you LFIN always underperformed to its fundamentals and to the mkt. in the history.And is still under performing and when compared with peers LFIN is still massively under performing. This will continue to the future as well.

NAV of CTC is Rs33.81. Trading price is Rs900/ Just imagine it. However technically their can be upward presurre around Rs875 levels. However in longer run I believe this should come below Rs600 levels even.

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Re: Sell CTC & Buy LFIN - WHY?

Postby Insight » Sun Jun 21, 2015 9:14 am

Dear SH,

Thanks for sharing your thoughts..
Is it wise to hold LFIN after the split or sell before the split after getting the dividend???.
Will the share price move up after the split????

Pl explain ..
Thankx a lot SH.

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Re: Sell CTC & Buy LFIN - WHY?

Postby stocks hunter » Sun Jun 21, 2015 3:05 pm

LFIN is always under performing to the mkt. Still it is under performing and it will remain as it is in future as well. LFIN does not reqiure any type of promotions and it always values more than the trading price.

I'm bullish on LFIN. If anybody feels it is right time to sell,they can do it provided if they are happy with the return they get.No body can advice on selling side since it is purely an individual decision. Shares are for investments. Best is to go with fundamentals. Short term players can seek the support of technicals. But to me in CSE you can't rely on tech signals all the time since the CSE is a very small mkt. Anybody with couple of millions can do wonders here.

Why I'm bullish on LFIN

01.They are opening new branches as well as premier centers island wide.These type of premier centers can be seen in banks like HSBC,SCB,HNB, etc...

*http://www.ft.lk/2013/08/22/lb-finance-opens-premier-centre-in-kurunegala/

*http://www.ft.lk/2013/05/20/lb-finance-opens-premier-centre-in-mt-lavinia/

*http://www.ft.lk/2015/03/23/lb-finance-opens-jaffna-premier-city-branches/

*http://www.lbfinance.com/lb-finance-named-sri-lankas-best-retail-finance-company/

02.Their lowest price traded was Rs3.0 and highest was Rs340.

03.High dividend paying counter.

04.If they managed to report improved profits for JuneQ15 who knows this may trade around Rs175 -Rs200 levels even after sub division.

05.Their product portfolio is similar to leading bank's produtcs in SL.

I will not sell my LFIN quantity. This is for long term investment.
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Re: Sell CTC & Buy LFIN - WHY?

Postby IOSirisena » Wed Jun 24, 2015 12:31 am

LB Finance posts Rs 2.1 b PAT in 2014/2015
LB Finance PLC recorded a profit after tax of Rs. 2.1 billion compared to the Rs. 1.3 billion recorded in 2013/14, a substantial growth of 63%.

Net interest Income rose by 39% to record Rs. 7.7 billion compared to the Rs. 5.5 billion recorded the previous year.

The total operating income grew to Rs. 8.8 billion compared to 6.5 billion achieved over the corresponding period of the previous year, a 36% increase.Total assets have reached Rs 67.5 billion compared Rs 60.8 billion in year 2014

- See more at: http://www.dailynews.lk/?q=business/lb- ... h6ZXR.dpuf

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Re: Sell CTC & Buy LFIN - WHY?

Postby stocks hunter » Wed Jul 01, 2015 6:48 am

Still the gates are open for an exchange.

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Re: Sell CTC & Buy LFIN - WHY?

Postby Edmond » Wed Jul 01, 2015 12:01 pm

Nice discussion about giant, thanks guys..... =;

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Re: Sell CTC & Buy LFIN - WHY?

Postby stocks hunter » Sun Jul 05, 2015 9:31 pm

LFIN will rock its share holders in coming days. CTC share holders will have to apply a wait and see approach. Just imagine how this counter has been pushed up by the promoters. Why? For no reasons. DY is just 5.3% p.a.

Sector PER is 16.56

:o
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Re: Sell CTC & Buy LFIN - WHY?

Postby stocks hunter » Tue Jul 07, 2015 7:44 am

Will LFIN reach Rs240 level or Rs250 level today,the last day before the sub division? If it happens after sub division this might come to the mkt around Rs125 levels.

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Re: Sell CTC & Buy LFIN - WHY?

Postby SMR08 » Tue Jul 07, 2015 8:10 am

stocks hunter wrote:Will LFIN reach Rs240 level or Rs250 level today,the last day before the sub division? If it happens after sub division this might come to the mkt around Rs125 levels.


Doesn't it trade tomorrow as well as its today 7th and tomorrow its 8th. Suspension starts from 9th isn't it SH?

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Re: Sell CTC & Buy LFIN - WHY?

Postby nis2010 » Tue Jul 07, 2015 12:51 pm

stocks hunter wrote:Will LFIN reach Rs240 level or Rs250 level today,the last day before the sub division? If it happens after sub division this might come to the mkt around Rs125 levels.


I don't think about reach 240. my price is max 232.
will see ,tomorrow is the last day before subdivision

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Re: Sell CTC & Buy LFIN - WHY?

Postby SHARK » Tue Jul 07, 2015 3:52 pm

think it reached HIGH 239 RES,
Looking for 110 levels (closer to 100 as base to form) but no idea :)
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Re: Sell CTC & Buy LFIN - WHY?

Postby nis2010 » Wed Jul 08, 2015 4:11 pm

Every one said LFIN reach above 235 before subdivision. but it end at 226. was that promotion ?

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Re: Sell CTC & Buy LFIN - WHY?

Postby stocks hunter » Wed Jul 08, 2015 6:11 pm

nis2010,

I predicted it. This share is worth more than Rs250/Just study the fundamentals and see it. When compared with its peers in the MKT this should trade above Rs275.

These are assumptions. Nobody can guarantee a future price of a share. There are other factors which affect share MKT and the prices of a share.

These days what is happening is that.

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Re: Sell CTC & Buy LFIN - WHY?

Postby nis2010 » Wed Jul 08, 2015 7:08 pm

stocks hunter wrote:nis2010,

I predicted it. This share is worth more than Rs250/Just study the fundamentals and see it. When compared with its peers in the MKT this should trade above Rs275.

These are assumptions. Nobody can guarantee a future price of a share. There are other factors which affect share MKT and the prices of a share.

These days what is happening is that.



better or worst some investors got it at 226. do you have any idea about the price after sub division?.


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