Yes.. LVEN was giving nice return those days. Now they have converted it mainly to a hydropower holding and got some thermal power in Bangladesh.
Someone asked me why give negative responses to stocks some others talk while not giving my recommendations.
Normally I talk to share my thinking when I select and start collecting at good prices targeting over 40% within 2 years time.
I usually refrain if I have already collected a share in quantities. Evading - promotion . Natural appreciation of a share is expected by medium - long term investors.
At the moment I am watching HPWR (not buying in numbers because filled my 20% pf PF limit) LVEN and VONE.
LVEN should be in very strong position in future. No one is selling at low rates is the problem !. New plants are added to the system.
I didn’t see analysts covering those stocks much those days.
Instant noodles people do not even know about these shares. Most of the real investors who contributed to these forums have gone off the air.
* 20% PF limit - is a self imposed rule preventing a particular share exceeding 20% of the portfolio even it looks like a real gem.
This has given me big opportunity losses and also prevented devastating my portfolio in different times. Very rarely I breached this barrier. Eg. collecting and holding CFVF when interest rates were going down in big numbers.
For the below, I took last 9 months earning only. (MAR - DEC 2015)
To get a good idea about HP we have to see patterns covering many years. (sorry : decimal places not properly shown in Prices) . PER - 9 months
In both tables the lower is better
Interestingly, we can see HPFL and VPEL share two extreme positions in two analysis. In future I think HPFL will come to a better position if we get better rainfall. As VPEL is already getting Lakshapana retention, the effect of more rainfall will be lesser than to HPFL.
If we consider both tables together, we can see HPWR and LVEN are the two shares placed at best positions .
PAP and VLL are at higher levels.
Note : These values may change with the future earnings.