FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



Latest topics

» UNHCR Fear is over 21 countries speak for us only 15 against
by Vishwanarth Today at 11:14 am

» Daily Foreign Transactions
by Mithooshan Today at 7:31 am

» SOFTLOGIC HOLDINGS PLC (SHL.N0000)
by suku502 Today at 12:58 am

» NATIONS TRUST BANK PLC (NTB.N0000)
by ColomboCSE Yesterday at 9:17 pm

» පෙබරවාරි මාසේ කොළඹ කොටස් වලට මොකක්ද වුනේ - බැසුවාද ? බැස්සාද ?
by xhunter Yesterday at 8:45 pm

» DFCC will be receiving Rs.594,538,285.50
by Wonderer Yesterday at 7:49 pm

» UNHCR එකේ ලොකූ ටෝක දැම්මට සමහර ඔස්තාර් ලා කියන ආර්තික සම්භාදක අරවා මේවා මුකුත් එන්නේ නැ
by Vishwanarth Yesterday at 6:27 pm

» BROWNS INVESTMENTS PLC (BIL.N0000)
by samaritan Yesterday at 9:45 am

» GLAS will be winner with Super Gain.
by Eranga87 Yesterday at 2:00 am

» If you are one of those people who can sleep at night while someone else is in control of your destiny, then my advice would be to only invest in stocks
by Asoka Samarakone Thu Feb 25, 2021 9:58 pm

» Price prediction on GRAN and TAFL
by Bakkabwoi Thu Feb 25, 2021 6:22 pm

» SEMB SEMB
by stockchaser Thu Feb 25, 2021 2:57 pm

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by Vishwanarth Thu Feb 25, 2021 2:54 pm

» Bullish sentiment returns with market regulator's assurance
by Vishwanarth Thu Feb 25, 2021 2:52 pm

» DIPD/HAYC/HAYL
by Wickyz Thu Feb 25, 2021 1:19 pm

» Chart 25.02.2021
by stockback Thu Feb 25, 2021 12:41 pm

» is it a good time to sell expo shares
by Kipling Thu Feb 25, 2021 8:39 am

» Current 2021 Februray Unit Trust/Unit Fund Per Annum percentages
by agentnrox Thu Feb 25, 2021 8:13 am

» Leading brokers causing market downturn
by Mithooshan Thu Feb 25, 2021 7:40 am

» Must watch this video - unnecessary panic
by Jana Thu Feb 25, 2021 1:03 am

EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Shares to Avoid

Shares to Avoid

Go to page : Previous  1, 2

Go down  Message [Page 2 of 2]

21Shares to Avoid - Page 2 Empty Re: Shares to Avoid Tue Oct 13, 2015 8:38 am

warna123


Stock Trader
Troy.Dont get your post about HDFC as promotion.(Anyhow I have).You have included sources,calculations etc.Always we appreciate those kind of posts with valuable informations

22Shares to Avoid - Page 2 Empty Re: Shares to Avoid Tue Oct 13, 2015 9:10 am

Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
The dark side of social media is that within seconds anything can be blown out of proportion and taken out of context. It is very difficult not to get swept up in it all” -Nicola Formichetti

Internet penetration in Sri Lanka has been increasing rapidly during the last few years. According to the Central Bank of Sri Lanka, the total Internet connections grew by 68.4 percent during 2014. As a result, social media has become a powerful and persuasive mode of communication. It has influenced our lives in all possible forms, including financial decision-making. Today’s article will focus on the nexus between social media and the local capital market. This is a formidable aspect that cannot be ignored if we are to maintain efficient markets.

What is social media?
Social media is a form of communication, a countless array of Internet-based tools and platforms that increase and enhance the sharing of information. This form of media transfers texts, photos, audio, video, etc. There is a myriad of social media platforms and it is important to brief ourselves on each of these types before we proceed with the discussion. (See Table 1)

Is social media a necessary evil?
One could not undermine the role of social media in shaping capital markets. It facilitates the quick exchange of information. One could argue that it creates a level playing field. Even investors who live in the outskirts of Colombo will be able to grasp the latest developments in the market. These developments do not necessarily have to be limited to the performance of the market. It could entail material information on investment decisions of high-net-worth investors, performance of companies, managerial decisions made by companies/stockbroker firms, professional networking, etc. This will enable investors to have a close watch on information and make required changes to maintain a profitable portfolio. When access to information is increased, an efficient price discovery mechanism could be expected. Social media also acts as a portal for discussion on vital topics. They can be rich in factual information and enable their readers to grow in knowledge.

Is social media a double-edged sword?
The distinct difference between social media and print/electronic media is that the former encapsulates vital informal information that is at times not verified. This enables us to question the credibility of the information shared.

The credibility of information released through social media is subjected to heavy criticism.  A majority of social media is interactive and allows visitors to leave comments and even to chat with each other. This allows them to share whatever they feel without verifying the information. They do not have a fiduciary duty to the information they share. In such a situation, there is a possibility of sharing incorrect and inaccurate information. The market could be distorted if investment decisions are based on incorrect information.

It is observed that investor blogs play a decisive role in shaping investment decisions of local investors. Blogs can be an ideal platform for the investor community to discuss about the market. These blogs can also be used to evaluate market sentiments. However, many engage themselves in these blogs without a proper understanding on the functions of these web-based modes of communication. Anyone who becomes a member can share their views, information and predictions. In most cases, they use fake names in order to remain unanimous. At times it acts as a platform to exchange gossip. In such a context, it is easy for certain users to misuse these blogs. They can use it as a tool to misguide other investors in order to achieve their goals. Thus, it is important for investors to be vigilant when they are on social media.

Given in Figure 1 are extracts from various investor blogs in Sri Lanka. The names (user and the company) have been changed to maintain confidentiality.

How do people misuse social media?
Here are a few examples of the types of schemes you should be on the lookout for when using social media:

‘Pump-and-dumps’ and market manipulations
‘Pump-and-dump’ schemes may involve advertising a company’s stock through false and misleading statements on social media. These false claims could be made by urging readers to buy a stock quickly or to sell before the price goes down. Often the promoters will claim to have ‘inside’ information about the stock. At times they may be company insiders or paid promoters who gain by selling their shares after the stock price is ‘pumped’ up by the buying trend they create. Once these insiders ‘dump’ their shares and stop hyping the stock, the price typically falls and the innocent investors lose their money.

 Fraud using ‘research opinions’
Usually you will come across research material when using social media. However, we should not forget that there can be a few isolated cases. In such situations, we might have to question the credibility of research opinions. Usually these opinions would lack reasoning but claim to be independent and unbiased recommendations.

Moving on, let’s move on to a practical aspect of what we discussed. There are ample examples from Sri Lanka to demonstrate how social media was manipulated by a few to achieve their hidden motives. Yet, the article will focus on foreign examples due to various technical reasons.
(See Box)

What can you do to shield yourself from social media?
Pragmatic investors cannot by any means refrain from using social media when investing. However, they can be vigilant about certain situations and thereby evade the dark side of social media. The key to shielding yourself is to be an educated investor.  

Never invest hastily even if it seems attractive. Always check the credibility of the information.

Think twice if it sounds too good to be true. These messages are used to persuade investors to invest in stocks and push the price up. When you receive investment information through social media, verify the identity of the underlying source. Look for slight variations in the sender’s account name, profile, email address, screen name or other signs that might give signals about the intention of the sender.

Be cautious of unsolicited offers to invest. If you see a new post on a blog, a tweet mentioning you, a direct message or a Facebook message regarding a so-called investment opportunity, you should exercise extreme caution.

If it is a blog, verify the details of the administrator. Ideally the contact details of the administrator should be visible. If the administrator refrains from publishing contact details, a reasonable doubt arises about the credibility of the blog.

There is a higher possibility that recommendations that lack analysis can be a fraud. When recommendations are given on a hearsay basis make sure you verify the details. Even if the person is often seen in the blog or social sharing website, be sure to check out everything he says. Be aware that the person telling you about the investment may have been fooled into believing that the investment is genuine.

Be watchful of what is shared by new entrants. As you are aware, some may use social media to impersonate a popular market participant. For example, they may set up an account name and profile to mimic a particular company, high-net-worth investor, prominent investment advisor or securities research firm. It is also noticed that some who give false information on social media (blogs) are new to that particular mode of social media. They might enter the relevant social media, misguide investors and be silent for some time. Thus, it is always best to pay attention to the history of these people and analyse the type of information they share.

As responsible inventors, it is also important for the investors to refrain from blindly sharing information that you hear from others without verifying the information. At times you might support the hidden agendas of certain unethical market participants.      

In conclusion, it is appropriate to restate that individuals are not liable for the information disseminated through social media. In most cases, it is impossible to even identify these individuals. Thus, investors should use social media with caution, if not fraudsters might manipulate it to attain their personal investment goals.

- See more at: http://www.dailymirror.lk/90899/social-media-and-the-sri-lankan-stock-market#sthash.80Yy2ES6.dpuf

23Shares to Avoid - Page 2 Empty Re: Shares to Avoid Tue Oct 13, 2015 1:14 pm

roshana7549


Manager - Equity Analytics
Manager - Equity Analytics
@roshana7549 wrote:It seems day by day this forum becoming a place for Manipulators, Fake Multiple account holders etc,
Recent incident was, using multiple fake accounts MGT Share was promoted this morning…

This is a small attempt to protect the innocent investors from the Manipulators.
 
How to Identify Fake recommendations


1)      Usually these are in the form of “One sentence advices “, this is the most common way of promoting a share in this forum.

Ex – XXX share will hit this price level tomorrow (without justifying the reason)
 
Never ever Jump into these shares since after few days of promotion these share prices can come down drastically.
 
2)Recommendations given without proper analysis or information.

Always ask for more information by questioning until you get satisfactory answer, if promoter failed to provide info or answer your questions , do not buy that share without a proper analysis…
 
3)If information provided by the promoter does not seem correct, Verify those  information by an independent source (Ex – CSE website for Financial reports), or ask for the source of the information.

 
At the end of the day, this is your hard earned money, therefore do not allow anybody else to control your investment decisions… Always ask for the reason from the promoter or Information Host.

 

I hope these information is useful specially to Newcomers to safeguard their money from the manipulators, So happy trading and investing… Very Happy


Nice to see many people providing their feedback on this topic and good discussion is being built..

Now the next step is to put these points into practice, I have seen few members were actually adopting this strategy and asking questions from Topic holders... 

Bottom line is if you promote any share, you should be able to justify your Recommendations with adequate information for the user......

24Shares to Avoid - Page 2 Empty Shares to Avoid Wed Jul 11, 2018 1:58 pm

ruwan326


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
1. KAPI
For the year ended 31 March 2018, MTD Walkers’ revenue was Rs. 16.1 billion, up by 20 per cent from the last corresponding year but the group reported a loss of Rs. 511 million in the fourth quarter with an annual loss of Rs. 2.8 billion.

25Shares to Avoid - Page 2 Empty Re: Shares to Avoid Wed Jul 18, 2018 11:04 am

ruwan326


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
2.DPL

Players playing, same goes for GREG 


Financial Summary



For the fiscal year ended 31 March 2018, Dankotuwa Porcelain Ltd revenues decreased 12% to LKR2.08B. Net income decreased 97% to LKR4.1M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects Administrative Expenses increase of 45% to LKR310.5M (expense), Distribution Expenses increase of 13% to LKR238.2M (expense).

https://www.investing.com/equities/dankotuwa-porcelain-financial-summary

26Shares to Avoid - Page 2 Empty Re: Shares to Avoid Wed Jul 18, 2018 11:09 am

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
3.TFC

Financial Summary


 



For the fiscal year ended 31 March 2018, The Finance Company PLC interest income decreased 1% to LKR3.35B. Net interest loss after loan loss provision increased from LKR605.8M to LKR1.43B. Net loss increased 74% to LKR2.26B. Net interest income after loan loss provision reflects decrease in interest earning assets and increase in interest bearing liabilities. Higher net loss reflects Interest Expenses increase of 14% to LKR4.31B (expense).

27Shares to Avoid - Page 2 Empty Re: Shares to Avoid Wed Jul 18, 2018 12:31 pm

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
4.OFEQ


Financial Summary


For the fiscal year ended 31 March 2018, Office Equipment PLC revenues decreased 23% to LKR78.3M. Net income decreased 66% to LKR1.3M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects Administration Expenses increase of 14% to LKR34.5M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from LKR4.57 to LKR1.57.


https://www.investing.com/equities/office-equipment-financial-summary

28Shares to Avoid - Page 2 Empty Re: Shares to Avoid Wed Jul 18, 2018 1:43 pm

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
5.KZOO


Financial Summary


For the fiscal year ended 31 March 2018, Renuka Capital PLC revenues decreased 79% to LKR2.4M. Net income applicable to common stockholders totaled LKR463.6M vs. loss of LKR14.8M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net Income reflects Administration Expenses decrease of 80% to LKR4.2M (expense).


https://www.investing.com/equities/kalamazoo-systems-financial-summary

29Shares to Avoid - Page 2 Empty Re: Shares to Avoid Thu Aug 16, 2018 7:48 am

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@ruwan326 wrote:1. KAPI
For the year ended 31 March 2018, MTD Walkers’ revenue was Rs. 16.1 billion, up by 20 per cent from the last corresponding year but the group reported a loss of Rs. 511 million in the fourth quarter with an annual loss of Rs. 2.8 billion.
scratch scratch scratch

30Shares to Avoid - Page 2 Empty Re: Shares to Avoid Thu Aug 16, 2018 8:59 am

samaritan


Moderator
Moderator
Now its not about shares to avoid. In my opinion its best to avoid CSE.


_________________




The biggest risk in life is not taking any risk at all.

31Shares to Avoid - Page 2 Empty Re: Shares to Avoid Thu Aug 16, 2018 11:01 am

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
6.LCEM

Can not provide QR until trading suspension notice comes for last couple of years....

ENFORCEMENT ACTION IN TERMS OF CSE LISTING RULES:NOTIFICATION RE.TRADING SUSPENSION

https://cdn.cse.lk/cmt/uploadAnnounceFiles/4471534396115_675.pdf

32Shares to Avoid - Page 2 Empty SCRAPS up.... Fri Oct 11, 2019 12:22 pm

Teller

Teller
Moderator
Moderator
Its a tragedy , manipulation shares are up again . Investors are going to burn their hands again and again ,shares like CITH,CITK,REEF,EMER,ACAP ,etc...what can you expect from those in near future???? Thats the main reason 2/3 in loss side as Retail investors.

Mithooshan likes this post

33Shares to Avoid - Page 2 Empty Re: Shares to Avoid Fri Oct 11, 2019 12:45 pm

wbslstocks


Stock Analytic
Stock Analytic
Regulators are sleeping 😴

34Shares to Avoid - Page 2 Empty Re: Shares to Avoid Fri Oct 11, 2019 1:05 pm

Hewagak


Senior Equity Analytic
Senior Equity Analytic
@Teller wrote:Its a tragedy  , manipulation shares are up again . Investors are going to burn their hands again and again  ,shares like CITH,CITK,REEF,EMER,ACAP ,etc...what can you expect from those in near future???? Thats the main reason 2/3 in loss side as Retail investors.
Kind of Manipulation also need for a market. Otherwise market in sleeping mood. Investors should buy the correct shares not crap shares.

35Shares to Avoid - Page 2 Empty shares should not touch now Sat Apr 18, 2020 8:27 pm

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics
I think the following industries and sectors should not touch for some time. These sectors may negatively impact the corona outbreak.
Tourism sector-- no tourist is coming for some time. And lack of local tourists as well.
Motor trade company- importation of vehicle for 3 months.
What else

36Shares to Avoid - Page 2 Empty Re: Shares to Avoid Sat Apr 18, 2020 8:33 pm

ChooBoy


Manager - Equity Analytics
Manager - Equity Analytics
Stay out of hotels. Motor vehicle prices are likely to go up due import restriction and rupee depreciation. Spare part business will flourish.

37Shares to Avoid - Page 2 Empty Re: Shares to Avoid Sun Apr 19, 2020 12:23 am

heshan1997


Equity Analytic
Equity Analytic
Thoughts on banking and insurance sector ?

38Shares to Avoid - Page 2 Empty Re: Shares to Avoid Sun Apr 19, 2020 7:54 am

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics
@heshan1997 wrote:Thoughts on banking and insurance sector ?
better to avoid banking and finance sector shares because when all economic activities get affected, that will negatively affect the banking sector. But for the insurance sector outlook is not bad. only a few negative points such as new vehicle registration very low, economic downturn etc. but overall not bad.

39Shares to Avoid - Page 2 Empty Re: Shares to Avoid Sun Apr 19, 2020 10:17 am

roshan1039


Moderator
Moderator
Stay away from market and observe for sometime, sudden pickups may not sustainable due to heavy selling

40Shares to Avoid - Page 2 Empty Re: Shares to Avoid Sun Apr 19, 2020 1:23 pm

EquityPlus


Equity Analytic
Equity Analytic
Despite the fact that there may be a slight downturn in the Banking sector due to the overall adverse impact on the economy, I would say that current share price of established banks such as Sampath, Commercial, NDB etc. is still attractive due to the following reasons. Their current share price is traded at a lower value compared to NBV per share and this is not due to their underperformance, but mainly pertaining to the overall downturn of the economy and the stock market as a whole. Therefore, my personal belief is that it's a good time to collect those shares. For instance, SAMP in a range os Rs. 105 to 110 and COMB in a range of Rs. 50-55.

This is my personal view. Please suggest your ideas

41Shares to Avoid - Page 2 Empty Re: Shares to Avoid Sun Apr 19, 2020 1:23 pm

EquityPlus


Equity Analytic
Equity Analytic
Despite the fact that there may be a slight downturn in the Banking sector due to the overall adverse impact on the economy, I would say that current share price of established banks such as Sampath, Commercial, NDB etc. is still attractive due to the following reasons. Their current share price is traded at a lower value compared to NBV per share and this is not due to their underperformance, but mainly pertaining to the overall downturn of the economy and the stock market as a whole. Therefore, my personal belief is that it's a good time to collect those shares. For instance, SAMP in a range os Rs. 105 to 110 and COMB in a range of Rs. 50-55.

This is my personal view. Please suggest your ideas

42Shares to Avoid - Page 2 Empty Re: Shares to Avoid Sun Apr 19, 2020 2:49 pm

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics
@EquityPlus wrote:Despite the fact that there may be a slight downturn in the Banking sector due to the overall adverse impact on the economy, I would say that current share price of established banks such as Sampath, Commercial, NDB etc. is still attractive due to the following reasons. Their current share price is traded at a lower value compared to NBV per share and this is not due to their underperformance, but mainly pertaining to the overall downturn of the economy and the stock market as a whole. Therefore, my personal belief is that it's a good time to collect those shares. For instance, SAMP in a range os Rs. 105 to 110 and COMB in a range of Rs. 50-55.

This is my personal view. Please suggest your ideas
your all prediction is compare to the past and current earning and current net asset value. But we have to consider its future earning to decide whether it is undervalud or not. I think this is a very unpredictable senario and we have to wait some time to decide the real impact of corona impacts on banking and economic sector.

43Shares to Avoid - Page 2 Empty Re: Shares to Avoid Mon Oct 26, 2020 10:41 am

Accountant

Accountant
Equity Analytic
Equity Analytic
@soileconomy wrote:Timely post.it is very dissapointing to note some few senior members are doing unethical promotions.
intersting.

Trollhunter likes this post

44Shares to Avoid - Page 2 Empty Re: Shares to Avoid Mon Oct 26, 2020 10:56 am

glad


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Will the prices of Banks go down further and how far? I liked Banks for the dividends they paid, and now that may not be coming for sometime. Their NAV may increase and as you suggest can give a strong portfolio in the future.

judecroos likes this post

45Shares to Avoid - Page 2 Empty avoid sharez Fri Dec 04, 2020 7:30 am

Dilendra23


Senior Equity Analytic
Senior Equity Analytic
@glad wrote:Will the prices of Banks go down further and how far? I liked Banks for the dividends they paid, and now that may not be coming for sometime. Their NAV may increase and as you suggest can give a strong portfolio in the future.
hold on to the banks not worth selling now....
try new poultry production , manufacturing and power shares

Sponsored content


Back to top  Message [Page 2 of 2]

Go to page : Previous  1, 2

Permissions in this forum:
You cannot reply to topics in this forum