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Sri Lanka Equity Forum » Stock Market Talk » LOLC - High under valued stock

LOLC - High under valued stock

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1 LOLC - High under valued stock on Wed Aug 10, 2016 7:19 am

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
LOLC yesterday announced plans to issue corporate notes or bonds worth  Singapore Dollars 175 m or $ 150 million listed on the Singapore Stock Exchange.

The company said it has identified the issue of corporate notes/bonds under a Multicurrency Medium Term Note Program as a viable source of funding.

LOLC intends to establish the program on the Singapore Stock Exchange and issue foreign currency denominated notes/bonds for SGD 175 million or $ 150 million there under. These notes/bonds will be listed on the Singapore Stock Exchange. The proposed date of the registration of the program on the SSE was 8 August.

Notes/bonds will not be issued on this date and further disclosures will be made prior to the issue.

LOLC said these bonds/notes will not be directly or indirectly offered or sold in Sri Lanka.

LOLC has received approval from the Central Bank and the issue will take place upon receipt of approval from the SEC.

2 Re: LOLC - High under valued stock on Wed Aug 10, 2016 8:24 am

Yahapalanaya

Yahapalanaya
Vice President - Equity Analytics
Vice President - Equity Analytics
@Harry82 wrote:LOLC yesterday announced plans to issue corporate notes or bonds worth  Singapore Dollars 175 m or $ 150 million listed on the Singapore Stock Exchange.

The company said it has identified the issue of corporate notes/bonds under a Multicurrency Medium Term Note Program as a viable source of funding.

LOLC intends to establish the program on the Singapore Stock Exchange and issue foreign currency denominated notes/bonds for SGD 175 million or $ 150 million there under. These notes/bonds will be listed on the Singapore Stock Exchange. The proposed date of the registration of the program on the SSE was 8 August.

Notes/bonds will not be issued on this date and further disclosures will be made prior to the issue.

LOLC said these bonds/notes will not be directly or indirectly offered or sold in Sri Lanka.

LOLC has received approval from the Central Bank and the issue will take place upon receipt of approval from the SEC.
I hope you are only having financial sectors in your PF.

3 Re: LOLC - High under valued stock on Mon Aug 15, 2016 2:47 pm

kadik


Manager - Equity Analytics
Manager - Equity Analytics
what is going on with LOLC.... have any of you notice the order book movement..

4 Re: LOLC - High under valued stock on Tue Aug 16, 2016 1:53 pm

kadik


Manager - Equity Analytics
Manager - Equity Analytics
today also....400,000 traded,,,, anyone got any idea..

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