The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» Coronavirus Updates
PLC.N0000 (People's Leasing and Finance PLC)  EmptyToday at 1:19 pm by The Invisible

» Sri Lanka finance companies pressured by Coronavirus: Fitch
PLC.N0000 (People's Leasing and Finance PLC)  EmptyToday at 1:12 pm by The Invisible

» Sri Lanka appeals for forex inflows to combat COVID-19, lifts inward restrictions
PLC.N0000 (People's Leasing and Finance PLC)  EmptyYesterday at 8:49 pm by The Invisible

» Sri Lanka to control imports except oil and medicines, grow vegetables: Minister
PLC.N0000 (People's Leasing and Finance PLC)  EmptyYesterday at 8:48 pm by The Invisible

» ඇඳුම නං නරක නෑ
PLC.N0000 (People's Leasing and Finance PLC)  EmptyWed Apr 01, 2020 9:48 am by The Invisible

» Thread for News on CSE and SL Economy
PLC.N0000 (People's Leasing and Finance PLC)  EmptyTue Mar 31, 2020 3:51 pm by The Invisible

» Kagame gives food, free electricity to every household during lockdown
PLC.N0000 (People's Leasing and Finance PLC)  EmptyTue Mar 31, 2020 10:07 am by කිත්සිරි ද සිල්වා

» MARKET HOLIDAY ON 30TH MARCH 2020
PLC.N0000 (People's Leasing and Finance PLC)  EmptySun Mar 29, 2020 10:09 pm by කිත්සිරි ද සිල්වා

» Power of Social Media
PLC.N0000 (People's Leasing and Finance PLC)  EmptySun Mar 29, 2020 1:19 pm by කිත්සිරි ද සිල්වා

» මනුස්සකම
PLC.N0000 (People's Leasing and Finance PLC)  EmptySun Mar 29, 2020 10:10 am by LSE

» 450 Ivy League courses you can take online right now for free
PLC.N0000 (People's Leasing and Finance PLC)  EmptySat Mar 28, 2020 2:32 am by pjrngroup

» Thread for News on International Markets
PLC.N0000 (People's Leasing and Finance PLC)  EmptyFri Mar 27, 2020 4:12 pm by The Invisible

» අය කළ ණය වාරික නැවත ලබා දෙනවා – මහජන බැංකු සභාපති කියයි
PLC.N0000 (People's Leasing and Finance PLC)  EmptyFri Mar 27, 2020 12:02 pm by nihal123

» මේ දුප්පත් රටට ඔබේ ජීවිතය බේරලා දෙන්න උදව් කරන්න.
PLC.N0000 (People's Leasing and Finance PLC)  EmptyThu Mar 26, 2020 4:26 pm by malanp

» Coronavirus COVID-19 Live update
PLC.N0000 (People's Leasing and Finance PLC)  EmptyWed Mar 25, 2020 7:59 pm by nihal123

» Anytime Data
PLC.N0000 (People's Leasing and Finance PLC)  EmptyWed Mar 25, 2020 4:07 pm by pjrngroup

» Films - To Watch List
PLC.N0000 (People's Leasing and Finance PLC)  EmptyWed Mar 25, 2020 12:05 pm by yellow knife

» US Embassy urges Americans in Sri Lanka to leave
PLC.N0000 (People's Leasing and Finance PLC)  EmptyWed Mar 25, 2020 8:16 am by The Invisible

» Oil, Gold & Silver Prices
PLC.N0000 (People's Leasing and Finance PLC)  EmptyTue Mar 24, 2020 9:59 pm by කිත්සිරි ද සිල්වා

» Why we need to practise social distancing
PLC.N0000 (People's Leasing and Finance PLC)  EmptyTue Mar 24, 2020 8:44 pm by chutiputha

» මුළු දිවයිනටම ඇඳීරි නිතිය
PLC.N0000 (People's Leasing and Finance PLC)  EmptyTue Mar 24, 2020 8:17 pm by chutiputha

» නමක් ගමක් දන්නෙ නෑ රත්තරන් මනුස්සයෙක්
PLC.N0000 (People's Leasing and Finance PLC)  EmptyTue Mar 24, 2020 6:01 pm by nihal123

» Amazon today cancelled the subscription of books and audio stories
PLC.N0000 (People's Leasing and Finance PLC)  EmptyTue Mar 24, 2020 5:33 pm by කිත්සිරි ද සිල්වා

» ජනපතිගෙන් ජනතාවට සහන
PLC.N0000 (People's Leasing and Finance PLC)  EmptyMon Mar 23, 2020 8:59 pm by කිත්සිරි ද සිල්වා

» Sri Lanka asks telecos to give emergency credit to keep in touch in Coronavirus fight
PLC.N0000 (People's Leasing and Finance PLC)  EmptyMon Mar 23, 2020 7:35 am by The Invisible

» කොටස් වෙළෙඳපොළ හෙට පැය 03කට විවෘත කෙරේ. හැකි නම් නිවසේ සිට වැඩ කරන්න
PLC.N0000 (People's Leasing and Finance PLC)  EmptyMon Mar 23, 2020 7:18 am by The Invisible

» SAMP.N0000 (Sampath Bank PLC)
PLC.N0000 (People's Leasing and Finance PLC)  EmptySun Mar 22, 2020 7:52 am by The Invisible

» INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000)
PLC.N0000 (People's Leasing and Finance PLC)  EmptySat Mar 21, 2020 2:27 pm by serene

» Obituary Notice.
PLC.N0000 (People's Leasing and Finance PLC)  EmptySat Mar 21, 2020 1:13 pm by කිත්සිරි ද සිල්වා

» Sri Lanka makes mini-budget till May 2020 under Presidential powers
PLC.N0000 (People's Leasing and Finance PLC)  EmptySat Mar 21, 2020 9:49 am by The Invisible

» හෝමාගම රෝහලත් කොරෝනා රෝගීන් සඳහා වෙන් කරයි
PLC.N0000 (People's Leasing and Finance PLC)  EmptySat Mar 21, 2020 9:43 am by nihal123

» People first, economy next, says top economist
PLC.N0000 (People's Leasing and Finance PLC)  EmptyFri Mar 20, 2020 9:59 am by Backstage

» කොටස් වෙළෙඳපොළ ගනුදෙනු හෙට යළි ඇරඹෙයි
PLC.N0000 (People's Leasing and Finance PLC)  EmptyFri Mar 20, 2020 8:34 am by malanp

» ඉන්දීය අගමැති මුළු රටටම ඇඳිරි නීතිය පනවයි
PLC.N0000 (People's Leasing and Finance PLC)  EmptyFri Mar 20, 2020 8:05 am by The Invisible

» Happy Birthday
PLC.N0000 (People's Leasing and Finance PLC)  EmptyFri Mar 20, 2020 4:21 am by nihal123

» Sri Lanka to fix fuel prices, build energy stability fund amid COVID-19 crude collapse
PLC.N0000 (People's Leasing and Finance PLC)  EmptyThu Mar 19, 2020 2:36 pm by කිත්සිරි ද සිල්වා

» නිවසේ සිට වැඩ කරන සතියක් : රජය සහ පුද්ගලික අංශය දෙකටම
PLC.N0000 (People's Leasing and Finance PLC)  EmptyThu Mar 19, 2020 2:31 pm by The Invisible

» Sri Lanka elections delayed over Coronavirus
PLC.N0000 (People's Leasing and Finance PLC)  EmptyThu Mar 19, 2020 2:27 pm by The Invisible

» Sri Lanka’s market closed over Coronavirus on March 19
PLC.N0000 (People's Leasing and Finance PLC)  EmptyThu Mar 19, 2020 9:31 am by The Invisible

» Sri Lanka stock market closed Tuesday in Coronavirus holiday
PLC.N0000 (People's Leasing and Finance PLC)  EmptyThu Mar 19, 2020 9:23 am by The Invisible

» Sri Lanka President orders 6-month debt moratorium, 4-pct working capital
PLC.N0000 (People's Leasing and Finance PLC)  EmptyWed Mar 18, 2020 3:17 pm by slstock

» පුත්තලම, හලාවත ඇතුළු ප්‍රදේශ කිහිපයකට පොලිස් ඇඳිරි නිතිය
PLC.N0000 (People's Leasing and Finance PLC)  EmptyWed Mar 18, 2020 2:45 pm by The Invisible

» Sri Lanka RPCs to pay Rs.1,000 daily wage on higher productivity, trade unions yet to agree
PLC.N0000 (People's Leasing and Finance PLC)  EmptyTue Mar 17, 2020 3:03 pm by The Invisible

» Sri Lanka Central Bank Governor asks markets to remain calm
PLC.N0000 (People's Leasing and Finance PLC)  EmptyTue Mar 17, 2020 2:59 pm by The Invisible

» Dividend Announcements
PLC.N0000 (People's Leasing and Finance PLC)  EmptyTue Mar 17, 2020 12:59 pm by yellow knife

» කන්දකාඩු නිරෝධායන මධ්‍යස්ථානයෙන් ඇසුණු කතාවක්
PLC.N0000 (People's Leasing and Finance PLC)  EmptyMon Mar 16, 2020 3:22 pm by nihal123

» Cardinal Seeks UN Probe on China’s Coronavirus
PLC.N0000 (People's Leasing and Finance PLC)  EmptyMon Mar 16, 2020 7:43 am by The Invisible

» සඳුදා රජයේ නිවාඩු දිනයක්
PLC.N0000 (People's Leasing and Finance PLC)  EmptySun Mar 15, 2020 10:10 am by The Invisible

» Contagion (2011)
PLC.N0000 (People's Leasing and Finance PLC)  EmptyFri Mar 13, 2020 10:22 am by Backstage

» රටවල් තුනක සිට ලංකාවට ඇතුල්වීම අද සිට තහනම් කරයි
PLC.N0000 (People's Leasing and Finance PLC)  EmptyFri Mar 13, 2020 10:12 am by nihal123

April 2020
SunMonTueWedThuFriSat
   1234
567891011
12131415161718
19202122232425
2627282930  

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

PLC.N0000 (People's Leasing and Finance PLC)

Page 1 of 4 1, 2, 3, 4  Next

Go down

PLC.N0000 (People's Leasing and Finance PLC)  Empty PLC.N0000 (People's Leasing and Finance PLC)

Post by yellow knife on Mon Aug 31, 2015 5:20 pm

This company started as a fully owned subsidiary of People's Bank to cater into Indian Lien of Credit to lease Ashok Leyland buses.

Company had a perfect change in three phases.. Once as a private limited liability company , next as a limited liability and next as a listed company.

The information provided after 2011 is important for investors as IPO came in 2011. Unfortunately timing of IPO was not perfect. It was the aftermath of CSE bubble thus the share which came to market at 18 fell down continuously until 11.

[You must be registered and logged in to see this image.]


Last edited by Admin on Wed Dec 25, 2019 7:59 pm; edited 1 time in total (Reason for editing : Standardised title)

yellow knife
Top contributor
Top contributor

Posts : 6701
Join date : 2014-03-27

Back to top Go down

PLC.N0000 (People's Leasing and Finance PLC)  Empty Re: PLC.N0000 (People's Leasing and Finance PLC)

Post by yellow knife on Mon Aug 31, 2015 5:22 pm

When compared with Central Finance there is a clear winning edge for the company since 2011

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6701
Join date : 2014-03-27

Back to top Go down

PLC.N0000 (People's Leasing and Finance PLC)  Empty Re: PLC.N0000 (People's Leasing and Finance PLC)

Post by yellow knife on Mon Aug 31, 2015 5:22 pm

EPS curve also confirm this clear change of PLC since 2011

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6701
Join date : 2014-03-27

Back to top Go down

PLC.N0000 (People's Leasing and Finance PLC)  Empty Re: PLC.N0000 (People's Leasing and Finance PLC)

Post by yellow knife on Mon Aug 31, 2015 5:24 pm

PAT also confirm the same drastic change since 2011

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6701
Join date : 2014-03-27

Back to top Go down

PLC.N0000 (People's Leasing and Finance PLC)  Empty Re: PLC.N0000 (People's Leasing and Finance PLC)

Post by yellow knife on Mon Aug 31, 2015 5:25 pm

Revenue is above 20 billion mark

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6701
Join date : 2014-03-27

Back to top Go down

PLC.N0000 (People's Leasing and Finance PLC)  Empty Re: PLC.N0000 (People's Leasing and Finance PLC)

Post by yellow knife on Mon Aug 31, 2015 5:26 pm

Revenue growth of CFIN was a steady line but PLC has improved substantially after 2011

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6701
Join date : 2014-03-27

Back to top Go down

PLC.N0000 (People's Leasing and Finance PLC)  Empty Re: PLC.N0000 (People's Leasing and Finance PLC)

Post by yellow knife on Mon Aug 31, 2015 5:28 pm

Before 2010 revenue of both PLC and CFIN was more closely knit

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6701
Join date : 2014-03-27

Back to top Go down

PLC.N0000 (People's Leasing and Finance PLC)  Empty Re: PLC.N0000 (People's Leasing and Finance PLC)

Post by yellow knife on Mon Aug 31, 2015 5:29 pm

PE ratio of the company was often attractive until foreign buying started towards the company. Most of the time its top twenty list is without individual investors and purely by institutional investors..

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6701
Join date : 2014-03-27

Back to top Go down

PLC.N0000 (People's Leasing and Finance PLC)  Empty Re: PLC.N0000 (People's Leasing and Finance PLC)

Post by yellow knife on Mon Aug 31, 2015 5:30 pm

The spread between highest price and lowest price during a specific period ( for an year) was high enough to attract traders as well.

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6701
Join date : 2014-03-27

Back to top Go down

PLC.N0000 (People's Leasing and Finance PLC)  Empty Re: PLC.N0000 (People's Leasing and Finance PLC)

Post by yellow knife on Mon Aug 31, 2015 5:31 pm

PLC.N is also attractive to dividend hunters

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6701
Join date : 2014-03-27

Back to top Go down

PLC.N0000 (People's Leasing and Finance PLC)  Empty Re: PLC.N0000 (People's Leasing and Finance PLC)

Post by yellow knife on Mon Aug 31, 2015 5:35 pm

Following causes can be identified as causes behind sudden positive change since 2011

1. IPO which generated zero cost funds of Rs 8 Billion or the second highest IPO in Sri Lanka

2. Company was geared to grab the opportunity of sudden increase of vehicle registration

3. Company is not into land, gold and many other financial activities where other NBFIs into..

yellow knife
Top contributor
Top contributor

Posts : 6701
Join date : 2014-03-27

Back to top Go down

PLC.N0000 (People's Leasing and Finance PLC)  Empty Re: PLC.N0000 (People's Leasing and Finance PLC)

Post by yellow knife on Mon Aug 31, 2015 5:39 pm

As mentioned in NBFI thread its Fitch rating Lanka PLC rating confirms the sound financial situation of the company

yellow knife
Top contributor
Top contributor

Posts : 6701
Join date : 2014-03-27

Back to top Go down

PLC.N0000 (People's Leasing and Finance PLC)  Empty Re: PLC.N0000 (People's Leasing and Finance PLC)

Post by yellow knife on Mon Aug 31, 2015 5:41 pm

NBFI sector maintain sound capital adequacy ratios and PLC and CIFN situation is shown below..

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6701
Join date : 2014-03-27

Back to top Go down

PLC.N0000 (People's Leasing and Finance PLC)  Empty Re: PLC.N0000 (People's Leasing and Finance PLC)

Post by yellow knife on Mon Aug 31, 2015 5:48 pm

NPL ratio of PLC is proving the quality credit and it stood 25% up compared to last year but form the industry standard its one of the best.

PLC's NPL ratio for 2015 is 2.72% when the industry (NBFI) rate is 6.9%.

CFIN's NPL ratio for 2015 has risen by 36% to reach 4.53%.

Sector-wise NPL has risen by 20% for the financial year ending March 2015

yellow knife
Top contributor
Top contributor

Posts : 6701
Join date : 2014-03-27

Back to top Go down

PLC.N0000 (People's Leasing and Finance PLC)  Empty Re: PLC.N0000 (People's Leasing and Finance PLC)

Post by yellow knife on Mon Aug 31, 2015 6:01 pm

Page 23 of 2015 annual report reveal

" People's Insurance prepares to meet the imminent transition withing the changing regulatory framework. the propose listing on the Colombo Stock Exchange is scheduled to take off by the end of 2015 and the risk based capital model will be implemented by 2016 as a mandate requirement."

PLC.N own Fleet Management, Micro Fiance, Property and Insurance as subsidiaries. Listing of People's Insurance which is ranking number 5th of non-life insurance for the third consecutive  year, will make the performance  attractive further.

yellow knife
Top contributor
Top contributor

Posts : 6701
Join date : 2014-03-27

Back to top Go down

PLC.N0000 (People's Leasing and Finance PLC)  Empty Re: PLC.N0000 (People's Leasing and Finance PLC)

Post by yellow knife on Mon Aug 31, 2015 6:07 pm

PLC has been increasing the number of branches in 2013 drastically and the results is yet to be seen.

One concept of marketing is the moment supplier increase the availability ( no of branches) and affordability ( less rates, leasing for registered vehicles, etc) its revenue goes up

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6701
Join date : 2014-03-27

Back to top Go down

PLC.N0000 (People's Leasing and Finance PLC)  Empty Re: PLC.N0000 (People's Leasing and Finance PLC)

Post by yellow knife on Mon Aug 31, 2015 6:10 pm

No of employees has been rising in a steady rate

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6701
Join date : 2014-03-27

Back to top Go down

PLC.N0000 (People's Leasing and Finance PLC)  Empty Re: PLC.N0000 (People's Leasing and Finance PLC)

Post by yellow knife on Mon Aug 31, 2015 6:15 pm

For the first time I came across of calculating profit per employee in this company's annual report and that value is maintained around 3 Million

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6701
Join date : 2014-03-27

Back to top Go down

PLC.N0000 (People's Leasing and Finance PLC)  Empty Re: PLC.N0000 (People's Leasing and Finance PLC)

Post by HUNTER on Mon Aug 31, 2015 6:44 pm

Brilliant YK +

Profit per employee looks interesting.
Probably a good indicator to judge some government managed businesses.
HUNTER
HUNTER
Top contributor
Top contributor

Posts : 1781
Join date : 2014-07-14

Back to top Go down

PLC.N0000 (People's Leasing and Finance PLC)  Empty Re: PLC.N0000 (People's Leasing and Finance PLC)

Post by chutiputha on Mon Aug 31, 2015 6:48 pm

Thank U YK Sir...+++
chutiputha
chutiputha
Top contributor
Top contributor

Posts : 1919
Join date : 2014-11-09
Age : 33
Location : Mt.Lavinia

Back to top Go down

PLC.N0000 (People's Leasing and Finance PLC)  Empty Re: PLC.N0000 (People's Leasing and Finance PLC)

Post by pathfinder on Mon Aug 31, 2015 7:22 pm

Good one YK very informative.+ from me Very Happy
pathfinder
pathfinder
Top contributor
Top contributor

Posts : 1422
Join date : 2014-02-23
Age : 38

Back to top Go down

PLC.N0000 (People's Leasing and Finance PLC)  Empty Re: PLC.N0000 (People's Leasing and Finance PLC)

Post by nihal123 on Mon Aug 31, 2015 8:10 pm

Thanks YK +
nihal123
nihal123
Top contributor
Top contributor

Posts : 6139
Join date : 2014-02-24
Age : 54
Location : Waga

Back to top Go down

PLC.N0000 (People's Leasing and Finance PLC)  Empty Re: PLC.N0000 (People's Leasing and Finance PLC)

Post by Hybrid on Mon Aug 31, 2015 9:42 pm

This company is doing well and has also taperred down its interest rates on deposits. As YK quite correctly mentioned, the financials are improving QOQ and the trend continues.

this share is worth for the LT holding and could make a massive capital gain if one is patient.




Hybrid
Hybrid

Posts : 745
Join date : 2015-02-03
Location : Colombo

Back to top Go down

PLC.N0000 (People's Leasing and Finance PLC)  Empty Re: PLC.N0000 (People's Leasing and Finance PLC)

Post by Backstage on Mon Aug 31, 2015 10:00 pm

Hybrid wrote:This company is doing well and has also taperred down its interest rates on deposits. As YK quite correctly mentioned, the financials are improving QOQ and the trend continues.

this share is worth for the LT holding and could make a massive capital gain if one is patient.





May I add, a strong parent in PB and a dividend hungry one to boot.
Backstage
Backstage
Top contributor
Top contributor

Posts : 3640
Join date : 2014-02-24

Back to top Go down

PLC.N0000 (People's Leasing and Finance PLC)  Empty Re: PLC.N0000 (People's Leasing and Finance PLC)

Post by kass on Tue Sep 01, 2015 10:49 pm

Thsnks YK. PLC is the market leader in leasing I guess. good company for long term players
kass
kass
Top contributor
Top contributor

Posts : 469
Join date : 2014-02-27

Back to top Go down

Page 1 of 4 1, 2, 3, 4  Next

Back to top


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