Are RHL and COCO good to collect ?

taniya1111 · 1 Are RHL and COCO good to collect ? Tue Nov 29, 2011 2:34 pm

taniya1111

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According to financials and the future potential it seems that RHL and COCO good counters as long term investments. I hv got some COCO shares which i bought at 65. I intend to invest more in COCO and going to enter RHL.According to me they are good companies But it seems that many are not interested in those counters. Are there some hidden points ? If you know Pls share,

monash · 2 Re: Are RHL and COCO good to collect ? Tue Nov 29, 2011 3:02 pm

monash

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refer this link..

http://forum.srilankaequity.com/t640-coco-lanka-value-gem

Yes RHL and COCO few of the most undervalued stocks on this market. both of them easily valued more than 100. But no interest these days. This is the bitter side of CSE.
people chase behind loss making junks only. eg:- CLND manipulated from Rs.17 to 70 when it making losses. there are many stocks like this.
Unfortunately we are forced to buy junks. otherwise we have to buy fundamentals on long term.
These days i'm also buying junks and make some quick bucks Very Happy

Yes it is not good. But otherwise can't survive these days. Just look at the volumes of HVA and CLND these days. that is the bitter truth..

There was a time i invest mostly on bluechips. i'm on a huge unrealized loss with LOLC although i still hold on to it.

Finally, both RHL and COCO belongs to Renuka group and yes they are trading at bottom these day and two companies with great future potential.

Niwa · 3 Re: Are RHL and COCO good to collect ? Tue Nov 29, 2011 4:44 pm

Niwa

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why dont you consider KCAB,another under value and illiquid share. check their sept quarter results to get an idea.

Monster · 4 Re: Are RHL and COCO good to collect ? Tue Nov 29, 2011 4:58 pm

Monster

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Niwa wrote:why dont you consider KCAB,another under value and illiquid share. check their sept quarter results to get an idea.

I agree with you. Not only KCAB, all three cable manufacturing companies listed in CSE have done pretty well in the September quarter/half year.

http://forum.srilankaequity.com/t11244-falling-copper-prices-to-benefit-aclkcab-and-sira#83730