BUY RAL @3.30
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DDIALOG AXIATA PLC
HAYLEYS FABRIC PLC
HVA FOODS PLC
JOHN KEELLS HOLDINGS PLC Hot
JOHN KEELLS HOTELS PLC
LANKEM CEYLON PLC
LAUGFS GAS PLC
NATION LANKA FINANCE PLC
NESTLE LANKA PLC
PIRAMAL GLASS CEYLON PLC
ROYAL CERAMICS PLC
SOFTLOGIC LIFE INSURANCE PLC
SRI LANKA TELECOM PLC
TESS AGRO PLC
VALLIBEL ONE PLC Hot
mal ... is it good to buy at present price..?@seek wrote:Current weather condition is ideal for Tea plantations, Tea brokers and Hydropower companies.
Have a closer look on PAP, HPFL, VPEL, CTBL, MAL and ASIY. All are trading less than 6 rupees.
Well said...@smallville wrote:A return of 10% in 1 year is not quite good. As knockknobbler pointed out, FD is a better, risk free choice.
Why u invest in a stock market is; high risk, high gain... Or above average risk and better than FD returns.
So in 6 months, plan to have 10-20% return is quite good.
But unfortunately, pennies, if not manipulated wont give that much of a return in a shorter period.
Say that u buy ASIY for 3.30 tomorrow, 20% return is when u sell it above 4.0.
But will it rise that much in this dilemma period? I hope so.. Why? we have demand for tea now..
Lanka Commodity Brokers Ltd owns 132.6 Mil (82.4%) and controls ASIY. Their avg price @ mandatory offer was Rs. 2.8/-
This company said to have sales of nearly 1.2Ml kgs of tea per week in Colombo Tea Auction. And controls 15.81% of market share in Tea.
ASIY had an EPS of 0.10 and offered a dividend of 38 Cents in 2013. NAV stands at 2.30.
As per the last released financials, only 3,839,612 shares or (1.48%) available on free float as top 20 holds 98.52%.
But one needs to analyse their financials thoroughly for a decision as plantations results are cyclical. Droughts, rains adversely effect the plantations.
I dont think buying pennies like SEMB.X matters. cuz for even the 0.10 gain, u need to waste so much of your time with GTC orders daily.
If you're a warrant lover, CLPL.14 and REEF.19 are good to try when fall. These are also manipulative shares and can gain 20-50% before a 6 month period.
There are risks buying these if you do not plan though.
Then FLCH should also be good.@hettdas wrote:How is BIL ...? It also around 2.50. They also mainly deal with tea.
10% return by 6 months or 12 months ?@Mahawawtta wrote:Hi all, I am planning to buy penny stocks (less priced) and planning to gain a 10% return by 6-12 months. Can you all kindly suggest me some shares please.
@seek wrote:@Bond wrote:@slstock wrote:please do not jump in and buy. Study first
Looking at future growth : RWSL
Holding company mainly plantations but can diversify : FLCH
Look at SEMB this quarter also. Ifthe earnign/rfevenue are increasing it will be good.
What is mas price you willing to pay for share? There are other shares below Rs 10 .
Have to agree with slstock. SEMB does have a future. They need to buy something and then everyone will wake up
SEMB, you have to give a real effort to be 1st in the queue to buy and more than that to sell.
For a $ fund, JKH is also a penny (just above 2 $).
Last edited by D.G.Dayaratne on Thu May 16, 2013 10:44 am; edited 1 time in total (Reason for editing : typing error)
@NEM wrote:Can't understand why you need just penny stocks as a long term investment. I can't recommend any share but as i think RICH, FLCH would be good for ten years period of time.
Can't understand why you need just penny stocks as a long term investment. I can't recommend any share but as i think RICH, FLCH would be good for ten years period of time.
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