I'm Suffering a Loss But Can't give up.. Need Your Kind Assistance !

I wanna buy Some shares of good companies - with low P/E Ratios,
high Dividend Yields and a reliable future But share price Not Much High..(Blow 50)

Please advice what are Good?
I'm Thinking of RICH , PLC , CDB ,GLAS ,...?

Thanks..! Assistance

PLC would be a wise choice if you have holding power. But we have to carefully watch the market activities to see whether a reversal can be seen at ASI 4700 or before. Its vital in buying shares for a higher profit.

Even 10-11 range is good for PLC however u must remember it can further come down if market comes down. Of cause it can pass 11 in coming months but u may start worrying if u buy now and if it goes further down to 9..

Also JINS would be a good choice for the attractive dividends.. Since it has come to 9-10 range their normal dividend is 10% of that price which is 1 rupee (which they have not announced yet for this year).

I've not analysed companies in much details but I'm usually obsessed with 1-2 counters for long term investment, pm me if u want details as I think its not good to discuss openly without much more details than simple logic.

Also lets see our members choices..
Good luck..

smallville wrote:PLC would be a wise choice if you have holding power. But we have to carefully watch the market activities to see whether a reversal can be seen at ASI 4700 or before. Its vital in buying shares for a higher profit.

Even 10-11 range is good for PLC however u must remember it can further come down if market comes down. Of cause it can pass 11 in coming months but u may start worrying if u buy now and if it goes further down to 9..

Also JINS would be a good choice for the attractive dividends.. Since it has come to 9-10 range their normal dividend is 10% of that price which is 1 rupee (which they have not announced yet for this year).

I've not analysed companies in much details but I'm usually obsessed with 1-2 counters for long term investment, pm me if u want details as I think its not good to discuss openly without much more details than simple logic.

Also lets see our members choices..
Good luck..

@smallville: Kindly let us know the long term investments that you are 'obsessed with'. If done with sincere intentions, I think it is okay to reveal this to the forum.
However, if you have any constraints, please send a PM to your friends as well.

PLC has turned out to be one of my favorites at this price.

After listing it has releassed two Q reports with Q EPS of 0.50+ and two dividends of 0.50 each.

I expect (or hope) that PLC will pay quarterly dividends/ at least 3 dividends a year. If it amounts to 1.50/- at the current price, that is a very attractive dividend yield.

Peoples Bank holding a large stake, would probably want a large chunk of the dividends.

Further, with the latest reported NAV of 11.28/- it is highly attractive to me.

Antonym wrote:

smallville wrote:PLC would be a wise choice if you have holding power. But we have to carefully watch the market activities to see whether a reversal can be seen at ASI 4700 or before. Its vital in buying shares for a higher profit.

Even 10-11 range is good for PLC however u must remember it can further come down if market comes down. Of cause it can pass 11 in coming months but u may start worrying if u buy now and if it goes further down to 9..

Also JINS would be a good choice for the attractive dividends.. Since it has come to 9-10 range their normal dividend is 10% of that price which is 1 rupee (which they have not announced yet for this year).

I've not analysed companies in much details but I'm usually obsessed with 1-2 counters for long term investment, pm me if u want details as I think its not good to discuss openly without much more details than simple logic.

Also lets see our members choices..
Good luck..

@smallville: Kindly let us know the long term investments that you are 'obsessed with'. If done with sincere intentions, I think it is okay to reveal this to the forum.
However, if you have any constraints, please send a PM to your friends as well.

It's been a very long time since I done any independent studies on stocks. I too bought and holding JINS for the sole reason of the dividend. yet to see that.
At the moment, ALLI and PLC are my favourites (attractive dividends as well)

Note: I hold the above stocks

aliasjjj wrote:I wanna buy Some shares of good companies - with low P/E Ratios,
high Dividend Yields and a reliable future But share price Not Much High..(Blow 50)

@aliasjjj: I own two shares that are trading @ below Rs 50:
CTLD (Price: Rs 23, Sector: Property, P/E: 6.08, DY: 5.22%)
and
JINS (Price: Rs 9.80, Sector: Insurance, P/E: 5.60, DY: ?).

If you are willing to stretch your budget, look at:
CABO (Price: Rs 70, Sector: Property, P/E: 7.46, DY: 5.71%).

When CABO coming to the picture we cannot omit RENU as well know?

But RENU being a investment compnay + a Hotel is too high (Rs 200/-) but as per their latest NAV, the price is undervalued..

SMLL - like PLC but smaller float. I collect both but I see better upside potential in SMLL because of the smaller float.

GLAS - 2 year hold if you think the company can weather the storm and show growth this year and next. Div yield is less than 7% but I buy hoping to get atleast LKR 0.50 dividend in 2 years.

Safe investments are companies that give consistent dividends or growing dividends consistently, so they become attractive as price falls. HASU and NTB are the two that come to mind.

CTLD give 2 or 3 dividends of 60 cents a year which is good. Banks are still the best bet because they will pay out in proportion to their performance so HNB.X is higher paying than the others but SAMP and COMB are safe buys too.

I too think JINS is very attractive but am very disappointed as they haven't announced a dividend yet. They have announced it in the first quarter for the last two years and nothing so far. I have got stuck with that share because of this

RICH is very attractive
dividend LKR 0.50 every year 9% (today price LKR 6.60)

http://research.srilankaequity.com/t394-capital-trust-weekly-market-statistics-best-buys-23-05-2012#452

mrmrehan wrote:RICH is very attractive
dividend LKR 0.50 every year 9% (today price LKR 6.60)

major part of it was surely a one off dividend.

raa wrote:
GLAS - 2 year hold if you think the company can weather the storm and show growth this year and next. Div yield is less than 7% but I buy hoping to get atleast LKR 0.50 dividend in 2 years.

On a previous post I raised some concerns about GLAS.
http://forum.srilankaequity.com/t16947-glas-for-long-term-investment
Expiration of tax free period, high cost of energy and the sky rocketing price of Soda ash might hit hard on glass profits.
http://runescape.wikia.com/wiki/Exchange:Soda_ash

Dileepa wrote:

raa wrote:
GLAS - 2 year hold if you think the company can weather the storm and show growth this year and next. Div yield is less than 7% but I buy hoping to get atleast LKR 0.50 dividend in 2 years.

On a previous post I raised some concerns about GLAS.
http://forum.srilankaequity.com/t16947-glas-for-long-term-investment
Expiration of tax free period, high cost of energy and the sky rocketing price of Soda ash might hit hard on glass profits.
http://runescape.wikia.com/wiki/Exchange:Soda_ash

...yes your probably very right! Damnit...now i feel stupid. I hope export revenues grows faster to compensate.