*Collect SPEN as much as possible. The NAV is at 120. MPS is moving between 43-45. I notice that Hari is making big moves; he has acquired almost 10% of JKH. I expect a major tourism promotion this year. If things go well SPEN could move above 80, to its original price.
**Collect RCL at current price level. RCL is owning the whole Tile industry, and what I believe is, someday, Rocell will have a good share in the international market. Because its subsidiaries are producing a great variety of products, targeting middle class and the top class with premium tiles. And even at MPS 80, its much much undervalued.
***Collect OSEA. One of the least risky shares. Current MPS so much below from what it should be. Real estate will again see a big boom. And the value of Overseas Realty will keep increasing continuously. And It a regular dividend payer. Rs.1.5 expected in February.
****Invest a portion in PLC (Peoples' Leasing and Finance). PLC is the No.1 Non-Banking Financial Institution in Sri Lanka. And it is the least riskiest in the whole industry. It earns a very good deal of profit every year and Its a regular and stable dividend payer. If the market matures, I expect this to be trading at atleast 28.
*****ABL is close to it lifetime lowest. Though its small bank compared to COMB, SAMP, its the pioneer and No.1 Islamic finance institution in Sri Lanka. It has got is own customer base. Not a Monopoly, But definitely MONOPOLISTIC. And when we look at the financial performance, Its has the most stable performance in the banking industry since its establishment (Refer annual statements). And the major holder of ABL is based in Jeddah, A 150 Billion Dollar Company (10 times larger than the Market capitalization of CSE
). its going cheap these days, Collect and make a 100% return when the market booms.
******Do Not Buy for short-term trading. Hold for atleast a year. I believe most of us can make atleast a 100% return, If they don't sell cheap.
Happy Trading Guys!