SAMPATH BANK PLC (SAMP.N0000)

hiransilva23 wrote:What are the best shares to buy?im looking for short to medium term investment.thanks

THUWA wrote:

hiransilva23 wrote:What are the best shares to buy?im looking for short to medium term investment.thanks

HEXP is the best share. Teller still recommending. I think you also recommended HEXP earlier along with Teller Know?

dayandacool wrote:

THUWA wrote:

hiransilva23 wrote:What are the best shares to buy?im looking for short to medium term investment.thanks

HEXP is the best share. Teller still recommending. I think you also recommended HEXP earlier along with Teller Know?

Hexp is not for short term. Hexp is a value gem but only if one can hold it for long.

THUWA wrote:

dayandacool wrote:

THUWA wrote:

hiransilva23 wrote:What are the best shares to buy?im looking for short to medium term investment.thanks

HEXP is the best share. Teller still recommending. I think you also recommended HEXP earlier along with Teller Know?

Hexp is not for short term. Hexp is a value gem but only if one can hold it for long.

long term mean how long? four years? I bought 4K HEXP in 2016, still holding, My avg.cost  was 112 Teller & hiransilva23 promoted that time then both of them bolted later.

Now hiransilva23 asking which share is best to buy

dayandacool wrote:
Why would someone buy a share just because some one ask them to?   who's money is it?

I believe it's all about timing. I bought this on it's way up at 84 in May. I could say I'm in profits and expect a little more by holding. You might say that you bought this at a high and not getting enough rewards for it.

glad wrote:Good investment- short term, medium or long?
Any prediction of what it will be at the end of the year?
I will not hold on to you for your predictions.
Thanks

KavinduTM wrote:

glad wrote:Good investment- short term, medium or long?
Any prediction of what it will be at the end of the year?
I will not hold on to you for your predictions.
Thanks

I meant it is good for all periods (short,medium and long) as this is a good dividend paying stock , which means we don't need to trade this so quick if we entered at the right price. For now, no any long term price predictions but today is more likely for a price gain and for a reversal.

npgslnawa wrote:

KavinduTM wrote:

glad wrote:Good investment- short term, medium or long?
Any prediction of what it will be at the end of the year?
I will not hold on to you for your predictions.
Thanks

I meant it is good for all periods (short,medium and long) as this is a good dividend paying stock , which means we don't need to trade this so quick if we entered at the right price. For now, no any long term price predictions but today is more likely for a price gain and for a reversal.

Did you know that banks are advised not to pay dividends?  It is completely wrong to recommend stocks based on dividends paid last time.  If you recommend buying a stock, you should have a good understanding of the current state of the company and industry performance.  If you do not have a broad knowledge, just say what you know.  Avoid recommendations.

npgslnawa wrote:

KavinduTM wrote:

glad wrote:Good investment- short term, medium or long?
Any prediction of what it will be at the end of the year?
I will not hold on to you for your predictions.
Thanks

I meant it is good for all periods (short,medium and long) as this is a good dividend paying stock , which means we don't need to trade this so quick if we entered at the right price. For now, no any long term price predictions but today is more likely for a price gain and for a reversal.

Did you know that banks are advised not to pay dividends?  It is completely wrong to recommend stocks based on dividends paid last time.  If you recommend buying a stock, you should have a good understanding of the current state of the company and industry performance.  If you do not have a broad knowledge, just say what you know.  Avoid recommendations.

npgslnawa wrote:

KavinduTM wrote:

glad wrote:Good investment- short term, medium or long?
Any prediction of what it will be at the end of the year?
I will not hold on to you for your predictions.
Thanks

I meant it is good for all periods (short,medium and long) as this is a good dividend paying stock , which means we don't need to trade this so quick if we entered at the right price. For now, no any long term price predictions but today is more likely for a price gain and for a reversal.

Did you know that banks are advised not to pay dividends?  It is completely wrong to recommend stocks based on dividends paid last time.  If you recommend buying a stock, you should have a good understanding of the current state of the company and industry performance.  If you do not have a broad knowledge, just say what you know.  Avoid recommendations.

glad wrote:Can anyone share the exact instructions received by the Banks re- dividend payments by Banks.
Thanks

dayandacool wrote:For those who are interested this is the CBSL Directive for Dividend halt!!!

https://www.cbsl.gov.lk/sites/default/files/cbslweb_documents/laws/cdg/bsd_directions_no_3_of_2020_e.pdf

thankrishan wrote:Regardless of the target or current price, fundamentally strong stock. You will never regret holding this share.

ONTHEMONEY wrote:Hi all,

I view as good investment purely based on NAV.

However, following 4 reasons would kill the earnings potential in next couple of quarters
1.  currently interest rate
2. cashflow delay as a result of moratorium facilities
3. asset liability mismatch
4. High Level of NPA resulting increases provisional cover
(Sampath being the best in NPA during 2015~16 @ 1.6% now  aro bow around 7% or more which would eventually increase further with moratorium defaults)

So, what i feel is the hit spiked from COVID19 was passed to Banks by the Government and now it is being realized in their financials.

Good Luck

dayandacool wrote:Sampath Looking good to start the journey towards 140.

Sanju121 wrote:240 is possible within weeks