Please advice me

champ1 · 1 Please advice me Tue Jun 28, 2011 12:01 pm

champ1

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I bought RICH 12.90-12.70 and FLCH 5.40-4.90 But now both of them are falling down. What should I do? I am a newcomer. Experts could u please give me some advice on this.

ishnet · 2 Re: Please advice me Tue Jun 28, 2011 12:16 pm

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Don't worry Bro,Both of them are fundamentally strong,If you can hold them another few months,you can get some profit(this is my personal view)

Last edited by ishnet on Tue Jun 28, 2011 12:17 pm; edited 1 time in total

FXX · 3 Re: Please advice me Tue Jun 28, 2011 12:16 pm

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Hold on for some time, RICH will do good on long run, my Rich buying average iwas 13.45 and at the moment im on unrealized loss on RICH for 15700.00 Rs

gamaya · 4 Re: Please advice me Tue Jun 28, 2011 1:16 pm

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Just hang on. Everybody are in deep loss these days.

hunter · 5 Re: Please advice me Tue Jun 28, 2011 2:11 pm

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Both seem to be good stocks to me. I would particularly buy more RICH if goes below 12.

My suggestion is to hold them for few weeks / months.

RichDad · 6 Re: Please advice me Tue Jun 28, 2011 2:33 pm

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FLCH is a fundamentally strong company and are planning to expand their operations. Leveraging assets and opportunities available on the estates Free Lanka Capital Holdings has embarked on a number of mini hydro power projects. Presently its subsidiary Hydro Power Free Lanka generates approximately 3.2 MW of electricity in its mini hydro power plants in Sanquhar and Delta. The company has signed standard power purchase agreement with the Ceylon Electricity Board for two projects, Thebuwana at Kuruwita and Stellenberg at Gampola and the construction has already commenced. Power generation is scheduled to commence in November this year. Construction of two more projects at Ragala will commence soon and work is due to be completed by April 2012.

The Group is also into real estate and commercial development through Free Lanka Properties (Pvt) Ltd. The first project undertaken in this sector is the development of a commercial complex in Borella with 80,000 sq. ft of rentable space. The property for this complex has already been acquired by the Company.

Leisure is another sector that the Group is developing through two subsidiary companies. One is Tea Leaf Resort Holding (Pvt) Ltd., which will develop star class boutique style hotels in Kandy and Padukka areas which offer accommodation to a total of 92 rooms.

The main shareholders of Fee Lanka Capital Holdings are Free Lanka Capital Ltd. (70 %), Browns Investments Ltd. (4.12%) and Perpetual Holdings Ltd. (4.27%). Browns Investments Ltd. and Perpetual Holdings Ltd. own the total share capital of Free Lanka Capital Ltd.

Investors should foresee such companies and collect them when trading at a discount. I personally feel this counter is now at a good discount Rs.4.30
It's a very good buy any price below 4.90 [4.6+(0.46* Cool

]*60% = 4.90
It's a good medium term hold. Find more about the company on http://freelankacapital.com/our-profile.php

Directors may exit, traders might follow. But investors who are in search for future gems it's a point to enter.

DISCLAIMER:
The above statement is not meant to influence anyone's decision to buy/sell this stock.

ABEST · 7 Re: Please advice me Tue Jun 28, 2011 2:57 pm

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champ1 wrote:I bought RICH 12.90-12.70 and FLCH 5.40-4.90 But now both of them are falling down. What should I do? I am a newcomer. Experts could u please give me some advice on this.

just wait, now month end time....some brokers will clear outstanding balance after that it will resume normal level(not these share,all fundamental shares will come normal)
not recommended to but,sell or hold any share

asitha · 8 Re: Please advice me Tue Jun 28, 2011 3:23 pm

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happy....u are good ...if u can buy some more FLCH...that is also good,,,,,keep them...

suja · 9 Re: Please advice me Tue Jun 28, 2011 5:29 pm

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ImeshA, Well done a good post thank you. Just to clarify , Free lanka capital Pvt.ltd is a 70% holding company so is it privately owned?

Tiger · 10 Re: Please advice me Tue Jun 28, 2011 6:28 pm

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If I were you I would sell 50% and watch the market.

STOCK HUNTER · 11 Re: Please advice me Tue Jun 28, 2011 7:30 pm

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I Don't agree with tiger Evil or Very Mad

can you please explain your strategy >? (50% sell)

xhora · 12 Re: Please advice me Tue Jun 28, 2011 7:39 pm

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STOCK HUNTER wrote:I Don't agree with tiger

can you please explain your strategy >? (50% sell)

Because if this goes further down you can buy back the same amount of shares for less money.

nkalansu · 13 Re: Please advice me Tue Jun 28, 2011 8:22 pm

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Tiger wrote:If I were you I would sell 50% and watch the market.

If you are not on Credit do not try to sell now. Hold on till year end and you will be able to gain substantial amount of profits. RICH and FLCH are good stocks.

RICH will do very well in future due to increasing rubber prices and expansion of their retail outlets (Arpico Super Centers). In the festive season (December 2011) the super centers normally do very well. Within the next couple of months they are going to open another Super Center in Galle. Also expand the newly opened one at Kadawatha.

FLCH is trading below asset value. So it should reach much higher levels in the future.

So do not sell and just hold on.

If you could collect RICH if it goes below Rs. 12.00 and if you could try to collect FLCH below 4.50.

Tiger · 14 Re: Please advice me Wed Jun 29, 2011 9:31 am

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Worst thing one can do in a falling market is keeping 100% portfolio in stocks.

champ1 · 15 Re: Please advice me Wed Jun 29, 2011 7:56 pm

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Thank you for your comments.... Thank you very much

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Please advice me

1 Please advice me Tue Jun 28, 2011 12:01 pm

champ1

2 Re: Please advice me Tue Jun 28, 2011 12:16 pm

ishnet

3 Re: Please advice me Tue Jun 28, 2011 12:16 pm

FXX

4 Re: Please advice me Tue Jun 28, 2011 1:16 pm

gamaya

5 Re: Please advice me Tue Jun 28, 2011 2:11 pm

hunter

6 Re: Please advice me Tue Jun 28, 2011 2:33 pm

RichDad

7 Re: Please advice me Tue Jun 28, 2011 2:57 pm

ABEST

8 Re: Please advice me Tue Jun 28, 2011 3:23 pm

asitha

9 Re: Please advice me Tue Jun 28, 2011 5:29 pm

suja

10 Re: Please advice me Tue Jun 28, 2011 6:28 pm

Tiger

11 Re: Please advice me Tue Jun 28, 2011 7:30 pm

STOCK HUNTER

12 Re: Please advice me Tue Jun 28, 2011 7:39 pm

xhora

13 Re: Please advice me Tue Jun 28, 2011 8:22 pm

nkalansu

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champ1

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