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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Penny Stock Companies

Penny Stock Companies

+111
geesura
Rational Investor
Master D
Zee
judecroos
dayandacool
Kipling
RJ1010
svkiruba8@gmail.com
SL-INVESTOR
SANJAYANM
madukp
kadik
nish84
DamithAsian
sharepirate
abey
Promoney
jaya
samaritan
subash81
wealth123
hiransilva23
Win Win
Chathur
Hope123
invest thinker
Winner123
Arrowrisk
CITIZEN
ruwan326
bhanu
Champ is Back
kjojo
Ahcha
rasikagamage
anjelo
gayanath
Teller
stockback
daytrader
Roshan Fernando
ranferdi
bandara 123
soileconomy
gainonly
peacockman
Market R
thighrokker
PROPRITER
RoomGirl
rdk2874
mark
NilangaG
kuhan
Meman
SHARK aka TAH
ecse
freebird
UAEBOY
nihal123
keeper
hettdas
knockknobbler
RIO
Mahawawtta
D.G.Dayaratne
stockboy
NEM
malanp
CSE1
Market.Player
Dileepa
Aubrey Perera
yes0
seek
sandunj
suja
salt
Bond
manula
Rapaport
LoveMoney
DeonLee
RANGANA PERERA
econ
sanjaya351
chamarahs
rizjiji
panuradha
Chinwi
Marketinvest
mrmrehan
Slstock
wsaman
RichDad
rajithasamaranayake
m2_yapa
Leo_pold
ShareShares
kkahapola
ashlee
light
TortoizePlus
raa
smallville
aship
wiser
Vinu
tubal
ipoguru
115 posters

Go to page : 1, 2, 3, 4, 5, 6, 7, 8  Next

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1Penny Stock Companies Empty Penny Stock Companies Tue Apr 05, 2011 5:26 pm

ipoguru


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
What are the good penny stocks in CSE
Lets make two categories
Less than 5 rupees  and
Less than 1 rupees

2Penny Stock Companies Empty Re: Penny Stock Companies Tue Apr 05, 2011 6:38 pm

tubal


Vice President - Equity Analytics
Vice President - Equity Analytics
@ipoguru wrote:What are the good penny stocks in CSE
Lets make two categories
Less than 5 rupees and
Less than 1 rupees

There is no such thing as a good penny stock.

3Penny Stock Companies Empty Re: Penny Stock Companies Tue Apr 05, 2011 7:55 pm

ipoguru


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Is that means penny stocks are bad?

4Penny Stock Companies Empty Re: Penny Stock Companies Tue Apr 05, 2011 8:15 pm

tubal


Vice President - Equity Analytics
Vice President - Equity Analytics
@ipoguru wrote:Is that means penny stocks are bad?

Serious investors believe that they are not worth looking at. In fact in the US, if a stock trades below US 1.00 for 30 days they get warned and then if the price doesn't improve they get delisted.

In sri lanka on the other hand companies go out of the way to make penny stocks out of otherwise reasonably good shares. SEMB, NHL, ECL (pending split) are classic examples.

If your intention is to trade and not to invest, well penny stock trading is an entirely different subject all together. There are countless books on the subject. You will however notice that many of those books have a snake oil flavour

5Penny Stock Companies Empty Re: Penny Stock Companies Tue Apr 05, 2011 8:58 pm

Vinu


Senior Equity Analytic
Senior Equity Analytic
PAP.SEMB.BLUE,NHL,MULL Seems good to me.I do not have expert knowledge on this , but I always like to keep those expecting some miracles in the future.Sometimes it worked for me

6Penny Stock Companies Empty Re: Penny Stock Companies Tue Apr 05, 2011 10:50 pm

wiser

wiser
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Why not ATL? Which has future potential with its expansion.

7Penny Stock Companies Empty Penny stocks....... Tue Apr 05, 2011 11:00 pm

aship

aship
Senior Equity Analytic
Senior Equity Analytic
@Vinu wrote:PAP.SEMB.BLUE,NHL,MULL Seems good to me.I do not have expert knowledge on this , but I always like to keep those expecting some miracles in the future.Sometimes it worked for me

I too agree with Vinu. I also had success with SEMB, MULL

Further, PAP too will its colours..........

8Penny Stock Companies Empty Re: Penny Stock Companies Wed Apr 06, 2011 1:25 am

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Penny stocks rpresents a long term benefit.. ur time of investment with these might sometimes depress u..
For u to have some gain u'll have to acquire a lot (over 10000) ands wait for sometime..

But miracles do happen sometimes and pennies ultimately end up in 2 -3 baggers in a short time even... all depends on the good things in company as well as CSE.. how investors look at couters is a driving factor..

9Penny Stock Companies Empty Re: Penny Stock Companies Wed Apr 06, 2011 9:33 am

raa


Manager - Equity Analytics
Manager - Equity Analytics
There is method to madness in penny stocks. I feel that it is a little fool hardy to ignore them. Generally in mature more fundamental markets, a penny stock usually indicates that a company is a very high liability investment for the investor. Either business uncertainty or even bankruptcy risk. Take the financial crisis when bank stocks such as RBS and Citibank crashed to next to nothing levels.

In this market, penny stocks are not representative of that risk which changes the dynamic. They might not be the easiest to move, but they have a very high interest amongst retailers and a few high net worth individuals even. They are heavily traded, and for the most case, their low share price has nothing to do with the financial position.

Take GLAS, SIRA, PAP, RAL, etc... what risk of bankruptcy do these stocks have?

In the case of SEMB, there was/is a slight risk but the Central bank has already made its position clear in that it will not allow that company to fail which is a fail safe for investors. Plus I'm hoping it will have a turn around story in the future...

In short, I treat penny stocks as any other investment opportunity as I would other stocks. The price just makes the stock attractive although its hard to predict how long the investor will need to park their money in it for.

10Penny Stock Companies Empty Re: Penny Stock Companies Wed Apr 06, 2011 9:47 am

TortoizePlus

TortoizePlus
Manager - Equity Analytics
Manager - Equity Analytics
My pick from penny stock is SIRA.

1. Although there are fluctuations on earnings, generally company is doing well and was able to survive in recession period by releasing positive results.
2. Dealing business in a promising industry that has been booming after the war.
3. Proposed diversification to leisure sector.
4. Reputed firms in top shareholders list.
5. Recent movements in price and volume ensure that counter is on move and will not be a dull stock that is stagnated for a long period.

light

light
Senior Equity Analytic
Senior Equity Analytic
Hello,

Can anyone tell me two or three good penny stocks in the market right now?
New to here and starting small Very Happy

12Penny Stock Companies Empty Re: Penny Stock Companies Thu Jun 30, 2011 6:53 pm

ashlee


Manager - Equity Analytics
Manager - Equity Analytics
FLCH, SEMB N, ATL, MAL, RAL

13Penny Stock Companies Empty Re: Penny Stock Companies Thu Jun 30, 2011 7:00 pm

light

light
Senior Equity Analytic
Senior Equity Analytic
Thanks.

14Penny Stock Companies Empty Re: Penny Stock Companies Thu Jun 30, 2011 8:29 pm

kkahapola


Equity Analytic
Equity Analytic
FLCH.HVA,UBC

15Penny Stock Companies Empty Re: Penny Stock Companies Thu Jun 30, 2011 8:32 pm

ShareShares


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
NHL, GLAS, TESS

16Penny Stock Companies Empty Re: Penny Stock Companies Thu Jun 30, 2011 8:50 pm

Leo_pold

Leo_pold
Manager - Equity Analytics
Manager - Equity Analytics
I have been studying these penny stocks very closely. And I think there are two types of penny stocks to be interested in.

1) First there are penny stocks worthy of collecting. Those are AMSL, DIAL and FLCH. These 3 shares are trading at their lowest prices and will rise with the rise of the market. FLCH looks really promising as it trades well below the IPO as well as the PP prices and also NAP. Besides, all 3 companies have done well in recent times..

2) Then there are stocks that show signs of upcoming rallies. Those are ATL and SEMB. Both these shares are not profit makers, but they are some of the favorites of the traders.

Besides these two categories, MAL and NHL looks promising to me.

Please don't take this as any form of promotion. I have mention these shares so that you could do your own home work and decide what to do with them. (Out of those I have mentioned, I only hold ATL at the moment.)

Thank you...

17Penny Stock Companies Empty Re: Penny Stock Companies Thu Jun 30, 2011 9:11 pm

ShareShares


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Leo_pold wrote:I have been studying these penny stocks very closely. And I think there are two types of penny stocks to be interested in.

1) First there are penny stocks worthy of collecting. Those are AMSL, DIAL and FLCH. These 3 shares are trading at their lowest prices and will rise with the rise of the market. FLCH looks really promising as it trades well below the IPO as well as the PP prices and also NAP. Besides, all 3 companies have done well in recent times..

2) Then there are stocks that show signs of upcoming rallies. Those are ATL and SEMB. Both these shares are not profit makers, but they are some of the favorites of the traders.

Besides these two categories, MAL and NHL looks promising to me.

Please don't take this as any form of promotion. I have mention these shares so that you could do your own home work and decide what to do with them. (Out of those I have mentioned, I only hold ATL at the moment.)

Thank you...


Health care sector overall has not performed well, however NHL has performed well according to financial reports.

18Penny Stock Companies Empty Re: Penny Stock Companies Thu Jun 30, 2011 9:14 pm

m2_yapa

m2_yapa
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Priority wise with their future earning and growth for a long term investment they are as follows
FLCH,PAP,GLAS,DIAL,TESS,NHL
Again i am saying it is for long term

19Penny Stock Companies Empty Re: Penny Stock Companies Thu Jun 30, 2011 9:16 pm

m2_yapa

m2_yapa
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@kkahapola wrote:FLCH.HVA,UBC
Do you still think that UBC as penny stock?

20Penny Stock Companies Empty Re: Penny Stock Companies Thu Jun 30, 2011 10:08 pm

rajithasamaranayake


Equity Analytic
Equity Analytic
Penny stocks are not for long term hold

21Penny Stock Companies Empty Re: Penny Stock Companies Thu Jun 30, 2011 11:09 pm

ashlee


Manager - Equity Analytics
Manager - Equity Analytics
VPEL could be another great penny stock.. I saw in their annual report how the share has performed over the year.. In the financial year 2006/07, the price of the share was 1.80 and next year 2.50 or something like that... After 4 and a half years, it is trading at 10..
Therefore, quite contrary to what rajithasamaranayaka said, penny stocks too can perform well over the years and it is a good long term investment providedthat you pick the right stock..
We talk about an average of 20% gain for your investment in 1 year.. But taking VPEL for example, it has more than doubled every year.. This might not contnue but I guess penny stocks are not a bad investment..

22Penny Stock Companies Empty Re: Penny Stock Companies Fri Jul 01, 2011 12:14 am

RichDad

RichDad
Manager - Equity Analytics
Manager - Equity Analytics
FLCH, NHL, TESS, VPEL

23Penny Stock Companies Empty Re: Penny Stock Companies Fri Jul 01, 2011 1:10 am

wsaman

wsaman
Manager - Equity Analytics
Manager - Equity Analytics
Bro,I hope most penny will be,
KGAL,TAFL,BFL
do your study and buy

24Penny Stock Companies Empty Re: Penny Stock Companies Fri Jul 01, 2011 2:26 am

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@rajithasamaranayake wrote:Penny stocks are not for long term hold

Hmm, Interesting comment . Food for thought.

Well if one gets in early to identified growth potential Penny stock you can bag in multiple times its value in the long term. Remember that a company has to start somewhere.So being in the penny section does not mean it is bad. The key is to identify them correctly from a bunch which maybe have duds for long term.

25Penny Stock Companies Empty Re: Penny Stock Companies Fri Jul 01, 2011 7:20 am

Leo_pold

Leo_pold
Manager - Equity Analytics
Manager - Equity Analytics
@slstock wrote:
@rajithasamaranayake wrote:Penny stocks are not for long term hold

Hmm, Interesting comment . Food for thought.

Well if one gets in early to identified growth potential Penny stock you can bag in multiple times its value in the long term. Remember that a company has to start somewhere.So being in the penny section does not mean it is bad. The key is to identify them correctly from a bunch which maybe have duds for long term.

I totally agree with slstock on this. Penny stocks are not bad stocks. They are just companies with a lot of shares. That's why they have a low price for a single share. There are many companies with higher prices but with lower performances. Do you think that all the stocks with a price over Rs. 1000 are the best performing companies in Sri Lanka today? No way...

Just look at each company in the same view point irrespective of the price. Just look whether the stock is undervalued or overvalued. A penny stock can be overvalued and a stock more than Rs. 3000 can still be undervalued. The only thing about penny stocks is that when they start moving, they move fast. Since a rise in just Rs. 3 may mean a 100% rise for them. So it is never a bad thought to invest on them.

Do your own research and make your own decisions...

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