HomeToday Bartleets Research issued a sell recommendation for PLC.
Search
Latest topics
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
+23
smallville
කිත්සිරි ද සිල්වා
NIRMALSG
ruwan326
sanjulanka
Yin-Yang
xmart
Ethical Trader
Deegoda Gamage
HAL9000
Seyon
LSE
Leon
First Guy
nis2008
kass
Backstage
Hybrid
nihal123
pathfinder
chutiputha
HUNTER
yellow knife
27 posters
PLC.N0000 (People's Leasing and Finance PLC)
Backstage- Top contributor
- Posts : 3803
Join date : 2014-02-24
nis2008- Posts : 283
Join date : 2015-05-28
07/10/15 COLLECTED MORE THAN 0.4M PLC SHARES. ANY SPECIAL REASON??
First Guy- Posts : 2599
Join date : 2014-02-22
Price has come down to 20.50/- with directors buying and some heavy trading (selling?)
Leon- Top contributor
- Posts : 1264
Join date : 2014-03-11
First Guy wrote:Price has come down to 20.50/- with directors buying and some heavy trading (selling?)
FG
For PLC this directors buying IDK. He was in the buying side all time.
LSE- Tech Contributor
- Posts : 1321
Join date : 2014-06-04
Dear Friends,
In brief better to enter below 20. Technically this can come down further, Can expect a good support around 20.00 following are my next target levels.
Next levels will be,
S1 --->>> 19.67
S2 --->>> 18.73
S3 --->>> 16.13
Thank You
In brief better to enter below 20. Technically this can come down further, Can expect a good support around 20.00 following are my next target levels.
Next levels will be,
S1 --->>> 19.67
S2 --->>> 18.73
S3 --->>> 16.13
Thank You
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
thanx LSE
LSE- Tech Contributor
- Posts : 1321
Join date : 2014-06-04
YK,
You've done a great job on this. Thank you very much...
You've done a great job on this. Thank you very much...
yellow knife wrote:thanx LSE
Seyon- Top contributor
- Posts : 268
Join date : 2014-04-03
LSE wrote:Dear Friends,
In brief better to enter below 20. Technically this can come down further, Can expect a good support around 20.00 following are my next target levels.
Next levels will be,
S1 --->>> 19.67
S2 --->>> 18.73
S3 --->>> 16.13
Thank You
Thanks LSE for your updates
But i am expecting it might go up. I heard that there was foreign seller kept on selling last couple of weeks. Yesterday it was witnessed nearly 10Mn shares were changed hand. I think selling might over.
Expecting good quarter results with atleast 25 growth and dividend of Rs.75 in December
HUNTER- Top contributor
- Posts : 1935
Join date : 2014-07-14
Good to see different views on this.
I would consider PLC as a very special case-study right now; a kind of bullish divergence.
The earnings during past two years show a very stable growing trend; which usually attract buyers and make the price to move up.
Here is the graphical view of the earnings trend.
[You must be registered and logged in to see this image.]
However, in the market, the price pattern shows a downward movement.
See the chart below.
[You must be registered and logged in to see this image.]
So, how can we explain this and use it for our advantage?
One explanation could be; the 2014 rally may have brought PLC to some 'over priced' level and now it is going through a correction period.
Another explanation could be; there may be some big holder wants to exit thus keep on selling and by doing so bringing the price down.
Whatever the explanation, by looking at the earnings and price trends, I see some good opportunity for swing traders as well long term investors.
There are strong support levels near 20 and near 16.
Earnings suggest me 20/ will be the bottom of the down swing this time.
Therefore, unless some major 'mix-up' takes place in country's financial situation, 20/ will be a great buy for traders to exit at 25/ and investors to keep at least for another 18 months.
I would consider PLC as a very special case-study right now; a kind of bullish divergence.
The earnings during past two years show a very stable growing trend; which usually attract buyers and make the price to move up.
Here is the graphical view of the earnings trend.
[You must be registered and logged in to see this image.]
However, in the market, the price pattern shows a downward movement.
See the chart below.
[You must be registered and logged in to see this image.]
So, how can we explain this and use it for our advantage?
One explanation could be; the 2014 rally may have brought PLC to some 'over priced' level and now it is going through a correction period.
Another explanation could be; there may be some big holder wants to exit thus keep on selling and by doing so bringing the price down.
Whatever the explanation, by looking at the earnings and price trends, I see some good opportunity for swing traders as well long term investors.
There are strong support levels near 20 and near 16.
Earnings suggest me 20/ will be the bottom of the down swing this time.
Therefore, unless some major 'mix-up' takes place in country's financial situation, 20/ will be a great buy for traders to exit at 25/ and investors to keep at least for another 18 months.
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
- Post n°35
Re: PLC.N0000 (People's Leasing and Finance PLC)
by yellow knife Wed Oct 21, 2015 11:02 am
Thanx Hunter
This is something which I like.
Now if we read the thread from the beginning it start with past performance analysis, next current situation and now Technical analysis.
Just imagine if we can keep this kind of development for each share for 20 years ahead what a record we have for each share..
Thanx Hunter.. You are an asset to this forum
This is something which I like.
Now if we read the thread from the beginning it start with past performance analysis, next current situation and now Technical analysis.
Just imagine if we can keep this kind of development for each share for 20 years ahead what a record we have for each share..
Thanx Hunter.. You are an asset to this forum
Backstage- Top contributor
- Posts : 3803
Join date : 2014-02-24
yellow knife wrote:Thanx Hunter
This is something which I like.
Now if we read the thread from the beginning it start with past performance analysis, next current situation and now Technical analysis.
Just imagine if we can keep this kind of development for each share for 20 years ahead what a record we have for each share..
Thanx Hunter.. You are an asset to this forum
Forum NAV is on the up.
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
People's Leasing to raise Rs 6 Billion via its third debenture.
DailyFT
4th Nov 2015
DailyFT
4th Nov 2015
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
Debenture oversubscribed
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
PEOPLE'S LEASING & FINANCE - DIVIDEND ANNOUNCEMENTS
PEOPLE'S LEASING & FINANCE PLC
Company ID: - PLC
Date of Announcement: - 15.Dec.2015
Rate of Dividend: - Rs.0.75 per share / Interim Dividend
Financial Year: - 2015/2016
XD: - 28.Dec.2015
Payment: - 07.Jan.2016
Share Transfer Book Open
PEOPLE'S LEASING & FINANCE PLC
Company ID: - PLC
Date of Announcement: - 15.Dec.2015
Rate of Dividend: - Rs.0.75 per share / Interim Dividend
Financial Year: - 2015/2016
XD: - 28.Dec.2015
Payment: - 07.Jan.2016
Share Transfer Book Open
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
PLC.N is a consistent dividend payer and dividends are paid in a predictable pattern.
Hybrid- Posts : 745
Join date : 2015-02-03
Location : Colombo
I am still waiting for the complicated Oil to Petrol / Diesel Formula.
I posted many comments on this matter many many full moons ago and still they have not come up with a formula.
The ingredients of the formula should be:
- Weighted average oil price per barrel for a period based on actual contracts
- Weighted average USD/ LKR exchange rate based on FCY contracts with banks
- Opening / Closing stocks of purchased oil (centralized)
- Waste / Conversion factor cost
- Import Duties & tariffs
- Distribution & Logistics Costs
- Taxes
Rate = Total cost of imports divided by total oil imported during period.
Maybe there are some other hidden costs that are not mentioned above but should be included in the conversion costs.
I posted many comments on this matter many many full moons ago and still they have not come up with a formula.
The ingredients of the formula should be:
- Weighted average oil price per barrel for a period based on actual contracts
- Weighted average USD/ LKR exchange rate based on FCY contracts with banks
- Opening / Closing stocks of purchased oil (centralized)
- Waste / Conversion factor cost
- Import Duties & tariffs
- Distribution & Logistics Costs
- Taxes
Rate = Total cost of imports divided by total oil imported during period.
Maybe there are some other hidden costs that are not mentioned above but should be included in the conversion costs.
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
Dear Hybrid... This thread is for PLC.N
Shall we move out to LIOC.N and discuss above
Shall we move out to LIOC.N and discuss above
HAL9000- Top contributor
- Posts : 1402
Join date : 2014-08-11
Location : Colombo
[You must be registered and logged in to see this link.]
Quarterly EPS- 0.77
Nine months cumulative- 2.25
NAV coming closer to 15
Annual EPS reaching 3 range. PLC has a lavish dividend policy of 50 % payout ratio. Good dividend yield with the current price of 20.
Quarterly EPS- 0.77
Nine months cumulative- 2.25
NAV coming closer to 15
Annual EPS reaching 3 range. PLC has a lavish dividend policy of 50 % payout ratio. Good dividend yield with the current price of 20.
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
WOOOOOW.... What a top twenty list of PLC.N
Not a single individual... Its all consist of best funds including Norges Petroleum Fund.
1. [You must be registered and logged in to see this link.]
2. [You must be registered and logged in to see this link.]
People’s Bank
1,184,896,862
75.00
2
BNYM SA/NV-Neon Liberty Lorikeet Master Fund LP
63,069,853
3.99
3
Employees Provident Fund
47,720,324
3.02
4
National Savings Bank
43,668,157
2.76
5
HSBC Intl Nom Ltd - SSBT -Wasatch Frontier Emerging Small Countries Fund
23,267,100
1.47
6
Citi Bank Newyork S/A Norges Bank Account 2
16,775,303
1.06
7
Bank of Ceylon No. 1 Account
11,453,600
0.72
8
BNYM SA/NV-Frontier Market Opportunities Master FD,L.P.
10,150,000
0.64
9
BNY-CF Ruffer Investment Funds: CF Ruffer Pacific Fund
10,000,000
0.63
10
Northern Trust Company S/A Ashmore Emerging Markets Frontier Equity Fund
8,183,492
0.52
11
AIA Insurance Lanka PLC A/C No. 07
5,276,721
0.33
12
Ceylon Investment PLC A/C # 01
4,954,891
0.31
13
BNYM SA/NV-NLCF Fund LP
4,916,003
0.31
14
Sri Lanka Insurance Corporation Ltd - General Fund
4,033,000
0.26
15
BNYM SA/NV-Frontier Market Select Fund II L.P.
3,846,608
0.24
16
Union Assurance PLC/No - 01A/C
3,821,672
0.24
17
CB NY S/A Wasatch Frontier Emerging Small Countries CIT Fund
3,732,745
0.24
18
Northern Trust Global Services Ashmore Sicav Emerging Markets Frontier Equity Fund
2,383,305
0.15
19
Deutsche Bank AG as Trustee to Candor Growth Fund
2,368,804
0.15
20
Employees Trust Fund Board
2,356,087
0.15
Not a single individual... Its all consist of best funds including Norges Petroleum Fund.
1. [You must be registered and logged in to see this link.]
2. [You must be registered and logged in to see this link.]
People’s Bank
1,184,896,862
75.00
2
BNYM SA/NV-Neon Liberty Lorikeet Master Fund LP
63,069,853
3.99
3
Employees Provident Fund
47,720,324
3.02
4
National Savings Bank
43,668,157
2.76
5
HSBC Intl Nom Ltd - SSBT -Wasatch Frontier Emerging Small Countries Fund
23,267,100
1.47
6
Citi Bank Newyork S/A Norges Bank Account 2
16,775,303
1.06
7
Bank of Ceylon No. 1 Account
11,453,600
0.72
8
BNYM SA/NV-Frontier Market Opportunities Master FD,L.P.
10,150,000
0.64
9
BNY-CF Ruffer Investment Funds: CF Ruffer Pacific Fund
10,000,000
0.63
10
Northern Trust Company S/A Ashmore Emerging Markets Frontier Equity Fund
8,183,492
0.52
11
AIA Insurance Lanka PLC A/C No. 07
5,276,721
0.33
12
Ceylon Investment PLC A/C # 01
4,954,891
0.31
13
BNYM SA/NV-NLCF Fund LP
4,916,003
0.31
14
Sri Lanka Insurance Corporation Ltd - General Fund
4,033,000
0.26
15
BNYM SA/NV-Frontier Market Select Fund II L.P.
3,846,608
0.24
16
Union Assurance PLC/No - 01A/C
3,821,672
0.24
17
CB NY S/A Wasatch Frontier Emerging Small Countries CIT Fund
3,732,745
0.24
18
Northern Trust Global Services Ashmore Sicav Emerging Markets Frontier Equity Fund
2,383,305
0.15
19
Deutsche Bank AG as Trustee to Candor Growth Fund
2,368,804
0.15
20
Employees Trust Fund Board
2,356,087
0.15
First Guy- Posts : 2599
Join date : 2014-02-22
[You must be registered and logged in to see this image.]
Impairment is bit strange. They have added impairment this time while before they deducted it.
After June 2014, last quarter has shown the lowest profit before impairments
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
I really like the way this thread has grown... It consists of historical analysis, FGs quarter analysis, Hunters technical analysis with charts, LSEs tech view, Hals updates and all about one particular share...
Thus we have a nice collection of info on PLC.N under one thread and hope very soon we will have such well written threads on each share...
Thus we have a nice collection of info on PLC.N under one thread and hope very soon we will have such well written threads on each share...
Deegoda Gamage- Posts : 203
Join date : 2014-03-22
- Post n°47
Re: PLC.N0000 (People's Leasing and Finance PLC)
by Deegoda Gamage Fri Feb 05, 2016 10:05 am
Excellent presentation
HAL9000- Top contributor
- Posts : 1402
Join date : 2014-08-11
Location : Colombo
Thank YK for the analysis. Earlier thread I said state related ventures get their business without competition with private sector, which has opportunities as well as disadvantages. This time PLC is getting such an enormous opportunity. To lease vehicles to government departments.
[You must be registered and logged in to see this link.]
Now this is interesting, private sector leasing companies have to go door by door and market their products with effort. PLC and BoC ( MBSL also ? ) get there piece of cake witb ease.
[You must be registered and logged in to see this link.]
Now this is interesting, private sector leasing companies have to go door by door and market their products with effort. PLC and BoC ( MBSL also ? ) get there piece of cake witb ease.
Ethical Trader- Top contributor
- Posts : 5568
Join date : 2014-02-28
- Post n°49
Re: PLC.N0000 (People's Leasing and Finance PLC)
by Ethical Trader Mon May 09, 2016 2:07 pm
In addition, PLC enjoys near monopoly in the government sector transactions like leasing buses to CTB and some concessions not available to other finance companies.
yellow knife wrote: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..
chutiputha- Top contributor
- Posts : 1948
Join date : 2014-11-09
Age : 38
Location : SL
ET,Chuti Monopoly over YK Sir..
Ah there are some more financial institute like BOC
Most of Solders salaries going BOC.and More Loan schemes the promoted over it.
Ah there are some more financial institute like BOC
Most of Solders salaries going BOC.and More Loan schemes the promoted over it.
Ethical Trader wrote:In addition, PLC enjoys near monopoly in the government sector transactions like leasing buses to CTB and some concessions not available to other finance companies.yellow knife wrote: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..
» CCS.N0000 ( Ceylon Cold Stores)
» Sri Lanka plans to allow tourists from August, no mandatory quarantine
» When Will It Be Safe To Invest In The Stock Market Again?
» Dividend Announcements
» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්රතික්ෂේප කළ ගණිතඥයා
» SEYB.N0000 (Seylan Bank PLC)
» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
» The Korean Way !
» In the Meantime Within Our Shores!
» What is Known as Dementia?
» SRI LANKA TELECOM PLC (SLTL.N0000)
» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
» Equinox ( වසන්ත විෂුවය ) !
» COMB.N0000 (Commercial Bank of Ceylon PLC)
» REXP.N0000 (Richard Pieris Exports PLC)
» RICH.N0000 (Richard Pieris and Company PLC)
» Do You Have Computer Vision Syndrome?
» LAXAPANA BATTERIES PLC (LITE.N0000)
» What a Bank Run ?
» 104 Technical trading experiments by HUNTER
» GLAS.N0000 (Piramal Glass Ceylon PLC)
» Cboe Volatility Index
» AHPL.N0000
» TJL.N0000 (Tee Jey Lanka PLC.)
» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
» Bitcoin and Cryptocurrency
» CSD.N0000 (Seylan Developments PLC)
» PLC.N0000 (People's Leasing and Finance PLC)
» Bakery Products ?
» NTB.N0000 (Nations Trust Bank PLC)
» Going South
» When Seagulls Follow the Trawler
» Re-activating
» අපි තමයි හොඳටම කරේ !
» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
» SAMP.N0000 (Sampath Bank PLC)
» APLA.N0000 (ACL Plastics PLC)
» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
» Banks, Finance & Insurance Sector Chart
» VPEL.N0000 (Vallibel Power Erathna PLC)
» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
» WATA - Watawala
» KFP.N0000(Keels Food Products PLC)
» Capital Trust Broker in difficulty?
» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
» What Industry Would You Choose to Focus?
» Should I Stick Around, or Should I Follow Others' Lead?