Penny Stock Companies

LoveMoney wrote:What about FLCH as a penny stock? they declared a decent dividend too, decent enough for a penny stock I guess

Yes. I am also holding FLCH as long term and RICH also (both counters are below 10s). Please study about the market before buy any share.

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

whats the definition of penny stocks?
how come shares like LGL & AEL become penny?

Suggestion, If you are looking at buying and forgeting for the next 10 years, please look at a business which could survive for that period and give an increase in earnings year on year. If the business has lasted for the last 10 years it would be great. Penny may not fit this but you will be safer.

Go with RAL... @ 4.10- 4.30

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 $).

FLCH.N0000 @2.8
TESS.N0000 @2.2
NHL.N0000@3.3
GLAS.N0000 @6.7
ATL.N0000@ 1.6

I agree with Suja....ten years is a long time and survival is key. Years back Twod was the new kid on the block....GREG was tipped to be the new JKH. look at the situation now. Management is key as well. what you need to look at is history as well. but history too is only one aspect. look at what happend to browns....not the same example but APOLLO hospitals and the SLIC take over through Harry of Apollo. now Harry doesn't have both . so you need to be careful when selecting.

LoveMoney wrote:I'm collecting penny stocks as an investment for my kids' future. Hope to buy and hold at least 10 years. What are the 10 most valuable penny stocks available for that purpose?

For a long term investment, your selection criteria is really stupid.
You should be looking at the dividend yield & dividend growth rate (last 7-8 years), EPS, EPS growth rate, etc.

I'm collecting penny stocks as an investment for my kids' future---------
1. Can we open a CDS account onbehalf of our kids name? Say age is below 10 years old.
2. If not what is the other option for buying shares for under our kids name.

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 .

Those are collect last few days
specially RWSL @ 2.6
FLCI 2.8-2.9

LoveMoney wrote:I'm collecting penny stocks as an investment for my kids' future. Hope to buy and hold at least 10 years. What are the 10 most valuable penny stocks available for that purpose?

Well it can be a foolish idea to buy just penny stocks without considering many factors including the potential future growth areas. See SL's infrastructure is going well these days, many constructions (whether needed or not) getting started or in final stages. Tourist attraction may improve, property may rise in these areas, etc..

So I bet on FLCH, VONE, SHL, PLC, REEF.W19 like shares to rise in 2-5 years time. Even as Bond explained, if SEMB can come up with something as an acquisition or interesting, as a penny stock it can give a good value. But the problem with SEMB is its high liquidity. However, still worth holding at least 10K for its cheaper price now.

We live in the world of reversion to the mean when it comes to trading.

that means something stretched too far will snap back.

You will buy penny today for Rs.1.00. after 5 years it will be 5, then after 10 years it will come back to Rs.1.00.

Dont think of holding for 10 years, think of two months or six months, then decide what to do..

LoveMoney wrote:I'm collecting penny stocks as an investment for my kids' future. Hope to buy and hold at least 10 years. What are the 10 most valuable penny stocks available for that purpose?

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.

SEMB BELOW 1
FLCH BELOW 2.8
PAP BELOW 2.6

stockboy wrote: SEMB BELOW 1
FLCH BELOW 2.8
PAP BELOW 2.6

FLCH below 2.8 mm

NEM wrote:

LoveMoney wrote:I'm collecting penny stocks as an investment for my kids' future. Hope to buy and hold at least 10 years. What are the 10 most valuable penny stocks available for that purpose?

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.

Hope to collect many stocks, but main thing is any investment.. has to monitor the stability of the investment every time with out simply holding for 10Y

10 years is very long period.I do not think any one can predict scientifically
Best thing is study the market start buying and selling

If you are careful you can get best return for your children

Any way fixed deposit is not risky

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 $).

??

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.

Buy PAP @ 2.50 will give you 20% return. PAP not only a less price stock it has value and its under a good management.

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Heard some news of Govt to take over all mini Hydro plants, make one entity & offer it to CHINA as a Renewable power Project Management ...if any of you guys have the roots of this info..pls share...!



Below is a News link of 2012... but if I'm not mistaken I heard same very recent days.. cant remember where...

http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=49077

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.

10% return by 6 months or 12 months ?
If it is 12 months , forget about stock market and invest in a one year FD with a reputed  bank. You will get over 12% , without any risk.

If your plan is,  10% return by 6 months in investing in shares .....I wonder how  you plan like that.  
Some times , You might get 10% within a day , and end up losing  50% at the end of 6 months !!!

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.

How is BIL ...? It also around 2.50. They also mainly deal with tea.

hettdas wrote:How is BIL ...? It also around 2.50. They also mainly deal with tea.

Then FLCH should also be good.

Not all tea plantations getting a good price these days. It is mainly small scale plantations produce high quality LOW-GROWN teas.

I saw some news that plantations managed by KAHA and MAL and some plantations in Uva area getting a record price from buyers.

LOW-GROWN teas are mainly exported to Middle-East countries.

I don’t have any plantation company in my PF but one tea broker which is having a major market share in LOW-GROWN tea segment.

These days tea factories quote premium price to buy green leaves from small scale producers.

Our buyer from Matale buys green leaves at a 15% high price from the price that he bought few weeks earlier.

Thanks for your valuable adv dear friends

Now you can by FLCH @2.40 and PAP@2.30

keeper
PAP @ 2.3 ?
 

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.