My Broker's recommendations

Dear All..

T'day I had a chat with my broker. He is positive with current market trends and recommend following shares.

AEL - Fundamentals are good
SFS - at a lower price
KOTA - Fundamentals are good
CFVF - Management change are his reasons . I am going to have a good look at the above shares over the week-end. Till then what you guys think of them???

Leon, they are too, good but look into some Banks and Finance Companies

NDB,HNB,COMB,SAMPATH

LOLC,CIFL,CAL,

Banks and Finance Companies rally will start soon

Amaratunga wrote:Leon, they are too, good but look into some Banks and Finance Companies

NDB,HNB,COMB,SAMPATH

LOLC,CIFL,CAL,

Banks and Finance Companies rally will start soon

Yes,Most are overbought now.COMB,DFCC,HNB,SEYB,NTB...Now they should reach the next level.

Leon wrote:Dear All..

T'day I had a chat with my broker. He is positive with current market trends and recommend following shares.

AEL - Fundamentals are good
SFS - at a lower price
KOTA - Fundamentals are good
CFVF - Management change are his reasons . I am going to have a good look at the above shares over the week-end. Till then what you guys think of them???

Good at least ur broker has given some reasons.. Now for the management change, we should at least have a general understanding of their abilities to take a decision. Just becuz someone takes over a company or change is seen in top level doesn't necessarily mean the company will have a future.

However, if you take a look I think KGAL is still better than other plantations in overall.
SFS has destroyed its fair-illiquid stated by going for a crazy sub division. I'd not touch this if I dont see any technical pattern on it.

These days penny stocks being played by big boys, should've collected AAF, PAP last month

Some ppl may categorize SFS into that lot but to me its not a good pic.

Amaratunga wrote:Leon, they are too, good but look into some Banks and Finance Companies

NDB,HNB,COMB,SAMPATH

LOLC,CIFL,CAL,

Banks and Finance Companies rally will start soon

How sure are u on this.. Do u see any particular reason?
We've been expecting this since 2011 if I'm not mistaken. Then came the bear market and washed away our hopes.

Few crossings to be noted from yesterday;

JKH - 2.1 million shares @ Rs.220
HNB - 1.0 million shares @ Rs.147
ASIR - 14.9 million shares @ Rs.9.50.

Then 10.6 million shares of PAP - speculation over a takeover

Yes Small, we were expecting a bank run for a while. Now those banks/find got stronger and the prices dropped furhter making them more valuable.

I am yet to understand why people chase after CTC, NEST( other than illquid and have veyr good management) which are overvalued when there are better dividend playing decent management companies.

Which otgher shares will foregin interest come in long term just like JKH,COMB, NEST etc. Time to figure.

slstock wrote:Yes Small, we were expecting a bank run for a while. Now those banks/find got stronger and the prices dropped furhter making them more valuable.

I am yet to understand why people chase after CTC, NEST( other than illquid and have veyr good management) which are overvalued when there are better dividend playing decent management companies.

Which otgher shares will foregin interest come in long term just like JKH,COMB, NEST etc. Time to figure.

Near future most of the blue chips will be in the hand of foreigners,that mean good dividend in future?

slstock wrote:

I am yet to understand why people chase after CTC, NEST( other than illquid and have veyr good management) which are overvalued when there are better dividend playing decent management companies.

One reason could the capital gain apart from the Div. Income. I was chasing NEST from 1175/-

With NEST & CTC expected to tread new grounds ....there will be more demand hence further appreciation.

TAH

I know you have been Trading this on trend ( as a trader) but am asking why still this is attractive to Investors with a dividend yield less than 5% andwith PE 0f20-25 now when there are counter which will pay 8-10% dividends with decent management. Also though these are good strong companies which will grow little by little , growth within next few years does not appear phenomenal unless there are hidden reasons which we do not know.

It seems this is pure momentum play at this time. And further price appreciation can happen.

traderathome wrote:

slstock wrote:

I am yet to understand why people chase after CTC, NEST( other than illquid and have veyr good management) which are overvalued when there are better dividend playing decent management companies.

One reason could the capital gain apart from the Div. Income. I was chasing NEST from 1175/-

With NEST & CTC expected to tread new grounds ....there will be more demand hence further appreciation.

TAH

I have a couple of hundreds of CTC & NEST & am wondering whether to hold or sell!!!!!!!!!!Any idea when it will reflect their correct prices?

lol! me chasing NEST from 775/= & CTC from 400/=

le greedy wild

glad wrote:I have a couple of hundreds of CTC & NEST & am wondering whether to hold or sell!!!!!!!!!!Any idea when it will reflect their correct prices?

there is no sell signal on both .....so why sell

my target around 2000 and 1000 for nest n ctc
TAH

traderathome wrote:

glad wrote:I have a couple of hundreds of CTC & NEST & am wondering whether to hold or sell!!!!!!!!!!Any idea when it will reflect their correct prices?

there is no sell signal on both .....so why sell

my target around 2000 and 1000 for nest n ctc
TAH

thanks & hope for the best!!!

stumpy wrote:lol! me chasing NEST from 775/= & CTC from 400/=

le greedy wild

Those were very good prices for CTC and NEST. Now I do not know. But the momendtum is there for these illquids to get pushed higher.

do your own homework before you take your brokers recommendation. Remember the only interest he has in u is turnover. Win or lose he make his money as long as you trade. In short he is a "bookie"

Ps. before some brokers on this forum get angry. " Not all brokers are like this"

Leon wrote:Dear All..

T'day I had a chat with my broker. He is positive with current market trends and recommend following shares.

AEL - Fundamentals are good
SFS - at a lower price
KOTA - Fundamentals are good
CFVF - Management change are his reasons . I am going to have a good look at the above shares over the week-end. Till then what you guys think of them???

You can say SFS is at a lower price compare to previous high. But my broker said it should be less than RS. 2.00. This share was highly manipulated share and manipulators earned lot of money from this share and vanished. Poor retailers got caught

@ Hettdas, can i know your broker ?

Green79 wrote:@ Hettdas, can i know your broker ?

Asha philip...

True SFS is still not a BUY for me... Rs 2/- could be ok but that too long way hope some one can sell it to bring down further by way margins ......

would be good to have a look @ 2/-

I will not touch SFS . There are other shares to playwith.

slstock wrote:I will not touch SFS . There are other shares to playwith.

MAL.N surely