So i think it would be very important for all the members that if each and every forum member could bring out best shares with reasonable reasons. Then further discussion will help to select best shares from mentioned ones so i think this would be helpful to survive in the market in the long run.
I identified following as good shares to invest
1. RICH - Because RICH has revealed that their future investments in Education and leisure and their current plantation heavy subsidiaries may act well in the future with fertilizer subsidy and higher rubber prices. Wage issue would not be a huge fact untill rubber prices won't drop down Rs400 per kg. RICH is also the most undervalued share in the diversified sector with a PER of 14. EPF also bought 23 million shares of RICH so which means they are also confident about RICH's future
2. LFIN - LFIN is also a fundamentally strong share. The company accepts deposits, including fixed deposits and certificates of deposit; and offers leasing solutions for a range of vehicles/equipment, including private and commercial vehicles, machinery and many other financial services.When you compare this with CFIN you will see that this is really undervalued eventhough CFIN is a bit overvalued share at the moment. Their business is also going nicely
3. COCO - Coco lanka through its subsidiaries, engages in the plantation, manufacture, and marketing of agriculture products in Sri Lanka mainly coconut. So what do you think about coconut prices and coconut products. Prices would really go up with population increase and land degradation. You may have seen how coconut price went up in the recent past. So in the future the coconut prices would further go up. So coco lanka would be a good selection as it is currently an undervalued share.
4. RAL - Renuka agri also engages in coconut industry,The company offers coconut milk, coconut cream, coconut milk powder, cream powder, and granulated de-fatted coconut. It provides its products under the Renuka, Cocomi, and Renu Organic brand names
5. RCL - Company manufacture and marketing of floor and wall tiles in Sri Lanka and internationally,as well as provides tile care services; and offers laying materials, such as technokolla, adhesives, and grouts. The company offers its products under the Rocell and Rocell Bathware brand names. The future demand for tiles will further go up and their profit would be good in coming years. RCL is Currently being traded at adiscounted price