Master D wrote:wealth123 wrote:vikey wrote:LOFC?wealth123 wrote:Bank & Finance run is long due & will start with Sept Quarter results.
Buy as much as possible at current prices.
COMB,SAMP,DFCC,PABC,PLC,LFIN & VFIN are my picks.
I'm not a fan of LOLC Group, Specially LOFC didnt do well in last few years ( Most of the Profits are from Asset revaluation), Also no single dividend in its history.
LFIN & VFIN are far ahead of the rest in terms of Div yield & ROE.
LFIN paid 12.00 & VFIN 4.50 last year while maintaining a ROE of 24% & 21% respectively.
Most of the new Investors are going behind ST Investments these days, If not everyone should have these shares in their portfolios.
Cheers.
True story. If for short tearm profits, LOFC and BIL are good from LOLC group.
But as an investment, LOLC is ata aprime bargain price now and show strong upward trend as per the technicals.
What are your thoughts?
Agree with you.
As an Investor I'm looking at basics mostly.
Mainly ROE, NAV, EPS & Div Ratios like Div Payout / Div yield.
Good shares with basics will not destroy your hard earn money, But you need patience.
You cant have overnight profits from these stocks But you won't get loss for sure.
Even in a Red & Dull market I was able to earn a cumulative return of 67% during 2015 - 2019.
My portfolio composition is 80% Mid & LT , 20% Trading.
Always maintain this ratio.