Appreciate some advice...

NewInvestor · 1 Appreciate some advice... Thu Jan 26, 2012 12:03 pm

NewInvestor

Manager - Equity Analytics

Posts : 138
Equity Stars : 4775
Reputation : 0
Join date : 2011-09-07

I'm holding following share from some time and badly need to exit soon with minimum loss. I can hold maximum one month. Any advice guys... Sad

LOFC 10.7
BLUE N 9.6
BLUE X 4.4
TJL 13.6
CSD 14.5
SEMB X 0.8
EXPO 11.7

Roboticfx · 2 Re: Appreciate some advice... Thu Jan 26, 2012 12:15 pm

Roboticfx

Senior Vice President - Equity Analytics

Posts : 1858
Equity Stars : 7900
Reputation : 131
Join date : 2011-07-16
Location : 5° 55'N - 9° 55' N and 79° 42'E - 81° 52E'.

I will help you! Please tell me what's the reason first! Smile

SL.Market · 3 Re: Appreciate some advice... Thu Jan 26, 2012 12:21 pm

SL.Market

Vice President - Equity Analytics

Posts : 1340
Equity Stars : 6745
Reputation : 146
Join date : 2011-03-15
Location : Colombo

if one month I feel sorry 4 u friend...

raa · 4 Re: Appreciate some advice... Thu Jan 26, 2012 1:03 pm

raa

Manager - Equity Analytics

Posts : 246
Equity Stars : 5054
Reputation : 23
Join date : 2011-03-22

You haven't mentioned quantities you hold...
If you had to sell, I'd start with SEMB.X or LOFC or CSD depending on how small each loss is... and then blue after subdivision. Normally share seems to go down after subdivision but BLUE will be trading so low, this might not happen...so you won't lose more value hopefully.

The other stocks will give you some return (low) for holding. Expo may announce another dividend this quarter and TJL should announce one this year.

prasa2004 · 5 Re: Appreciate some advice... Thu Jan 26, 2012 1:16 pm

prasa2004

Manager - Equity Analytics

Posts : 151
Equity Stars : 4749
Reputation : 8
Join date : 2011-12-16

NONE HAS RELEASED 3RD QTR RESULTS AND IT WILL BE RELEASED END OF JAN/EARLY FEB. THEREAFTER GRADUAL RISE WILL HAPPEN ASSUMING MARKET IS SETTLED NOW. WINDOW DRESSING ALSO POSSIBLE CLOSER TO END MARCH. SO HOLD TILL END MARCH.

NewInvestor · 6 Re: Appreciate some advice... Thu Jan 26, 2012 2:02 pm

NewInvestor

Manager - Equity Analytics

Posts : 138
Equity Stars : 4775
Reputation : 0
Join date : 2011-09-07

raa wrote:You haven't mentioned quantities you hold...

LOFC 10.7- 2800
BLUE N 9.6- 6000
BLUE X 4.4- 7000
TJL 13.6- 1000
CSD 14.5- 2000
SEMB X 0.8- 20000
EXPO 11.7- 1000

SL.Market wrote:if one month I feel sorry 4 u friend...

How about if I can hold till April?

Roboticfx · 7 Re: Appreciate some advice... Thu Jan 26, 2012 2:29 pm

Roboticfx

Senior Vice President - Equity Analytics

Posts : 1858
Equity Stars : 7900
Reputation : 131
Join date : 2011-07-16
Location : 5° 55'N - 9° 55' N and 79° 42'E - 81° 52E'.

You will be a winner! Very Happy

NewInvestor · 8 Re: Appreciate some advice... Thu Jan 26, 2012 4:07 pm

NewInvestor

Manager - Equity Analytics

Posts : 138
Equity Stars : 4775
Reputation : 0
Join date : 2011-09-07

Roboticfx wrote:You will be a winner!

How?

Roboticfx · 9 Re: Appreciate some advice... Thu Jan 26, 2012 10:05 pm

Roboticfx

Senior Vice President - Equity Analytics

Posts : 1858
Equity Stars : 7900
Reputation : 131
Join date : 2011-07-16
Location : 5° 55'N - 9° 55' N and 79° 42'E - 81° 52E'.

NewInvestor wrote:

Roboticfx wrote:You will be a winner!

How?

The market will rise up quickly and many shares will rise up. This is the near time period of announcing dividends so there will be many opportunities. Foreign investors have come and it will also be a good sign. There is no any reason to move the market further down technically but panic sellers are still there so market will be dull in few upcoming days.

You didn't tell me the reason why do you want to sell them quickly. If it is a private thing or you don't like to expose it please put the word "private" in the next post.

I'm collecting good shares these days to sell after 2 months. Very Happy

NewInvestor · 10 Re: Appreciate some advice... Fri Jan 27, 2012 8:17 am

NewInvestor

Manager - Equity Analytics

Posts : 138
Equity Stars : 4775
Reputation : 0
Join date : 2011-09-07

Roboticfx wrote:
You didn't tell me the reason why do you want to sell them quickly. If it is a private thing or you don't like to expose it please put the word "private" in the next post.

It's my engagement bro. Cool

I also used some credit around 20000. Will I be able to repay it soon with one of above?

Roboticfx · 11 Re: Appreciate some advice... Fri Jan 27, 2012 9:34 am

Roboticfx

Senior Vice President - Equity Analytics

Posts : 1858
Equity Stars : 7900
Reputation : 131
Join date : 2011-07-16
Location : 5° 55'N - 9° 55' N and 79° 42'E - 81° 52E'.

If you sell any of them now definitely you will get a loss.(I considered the yesterday closed prices)

I don't have ability to analyze all of them and we cannot predict the date correctly that the market moves to its normal position.

My advice is hold them till the date that you want withdraw money. When that day arrived, analyze your PF carefully and sell the share/ shares which have a/an minimum loss/es. Sometimes you will able to sell with profits also.

There is another method but it cannot be used with your situation.(because you have credit to release) Very Happy

NewInvestor · 12 Re: Appreciate some advice... Fri Jan 27, 2012 9:43 am

NewInvestor

Manager - Equity Analytics

Posts : 138
Equity Stars : 4775
Reputation : 0
Join date : 2011-09-07

Roboticfx wrote:There is another method but it cannot be used with your situation.(because you have credit to release)

Well what is that? It may encourage me to put some money to settle the bills Very Happy

Also congrats on your 1000 posts flower

Roboticfx · 13 Re: Appreciate some advice... Fri Jan 27, 2012 10:03 am

Roboticfx

Senior Vice President - Equity Analytics

Posts : 1858
Equity Stars : 7900
Reputation : 131
Join date : 2011-07-16
Location : 5° 55'N - 9° 55' N and 79° 42'E - 81° 52E'.

Thanks NewInvester!

The other method is called "averaging". That means reducing the average price of your shares by buying more shares at current prices. It helps you to minimize the loss if you sell them @ lower prices than the bought prices.
I think it's a safe method to follow as of the current positive situation of the market, but

you should enter a share/ shares at the correct time.

If you enter at a wrong time it will increase your unrealized losses.

Very Happy