SEMB N and X especially the X is one of my dream share over few years now.
sadly all time it did performed very awkward last year. however i got a good return during dr.Senthivel's interference.
I got huge opportunity cost and over million cash stucked with SEMB.N and X. However i don't much worry due to following reasons.
My X's AVG is .30-0.40 - I know This share will stabilized over 0.5 in near future. So it will be risk free to hold it.
regarding N, i got huge profit during right conversion and sell back it's peak over rs.3, hence i dont mind how much depreciate occurs to rest of it hold as i already covered my cost.
2. When comped to huge losses incurred due to very bad decisions (like invest in TWOOD recently) , i see no risk in SEMB.
3. suporting factors like SEMB is a very cheap share and financials also postive in all aspects.
4. When I Start my second round of invest in SEMB.X, my goal was 100% gain withing 2-3 years. Of course now it is 2 years and i am with no profit situation. but i have options
I could be patience for another 2-3 years considering present factors. however, then my profit target needs to reset around 200%
or may be 50% disposal around 0.50-0.60 then hold the rest till at least rs 1.00 level.
If things get smooth with srilanka and if positive factors helps to move market, this is a share that have potential to shock every one. I am, 100% understood how much liquid with SEMB, but i see no reason why it can't run when every thing set.
I don't see SEMB run, how ever i see both N and X going for new level, may be N with rs 1 and x with 0.50's . lets see.. This is just my personal view.