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.