Fundamentally strong shares at this level...

Thushara Ayya · 1 Fundamentally strong shares at this level... Tue Feb 25, 2014 10:41 pm

Thushara Ayya

Moderator

Posts : 1191
Equity Stars : 7199
Reputation : 26
Join date : 2011-09-02
Location : Maharagama

Can you suggest me some less value (1/= to 20/=)Fundamentally strong shares at this level... I am going to invest some for medium term.

sew · 2 Re: Fundamentally strong shares at this level... Wed Feb 26, 2014 10:13 am

sew

Senior Equity Analytic

Posts : 67
Equity Stars : 3829
Reputation : 6
Join date : 2014-02-03

TJL
PLC
VONE
AEL (Rs.22)

VALUEPICK · 3 Re: Fundamentally strong shares at this level... Wed Feb 26, 2014 12:14 pm

VALUEPICK

Expert

Posts : 3326
Equity Stars : 11299
Reputation : 347
Join date : 2014-02-26

Please analyse fundamentals specially value and future growth and earnings.Today's profit companies can make losses tomorrow. today's losses can make profits tomorrow. stay cool, please think long term.

Leon · 4 Re: Fundamentally strong shares at this level... Wed Feb 26, 2014 3:15 pm

Leon

Assistant Vice President - Equity Analytics

Posts : 735
Equity Stars : 5708
Reputation : 33
Join date : 2011-08-06

sew wrote:TJL
PLC
VONE
AEL (Rs.22)

I have a thought of converting my VONE in to JKH.Not because of the today's up by JKH. VONE will take long time to give us a considerable return while JKH on the opposite.
What do you guys think??

sew · 5 Re: Fundamentally strong shares at this level... Wed Feb 26, 2014 4:22 pm

sew

Senior Equity Analytic

Posts : 67
Equity Stars : 3829
Reputation : 6
Join date : 2014-02-03

You are absolutely correct, Leon, but since Thushara Ayya,
is looking at 1/= to 20/ levels, i suggested VONE, which i believe is a Long term stock.
And u are correct on JKH, I only wish i have sufficient funds to buy more at this level, as this would definitely give short term returns.

VALUEPICK · 6 Re: Fundamentally strong shares at this level... Wed Feb 26, 2014 10:45 pm

VALUEPICK

Expert

Posts : 3326
Equity Stars : 11299
Reputation : 347
Join date : 2014-02-26

please do research. next five to ten years what they are going to do. they eat, study travel, do agri work, industry and bridge, building and road plus sports etc. health requirements, banking , drink tea,coffee and milk. so demand is there for food, banking, services. export things, import things. full of activities. more populations what else.
so fundamentals undervalued stocks everywhere. thanks

marusira · 7 Re: Fundamentally strong shares at this level... Wed Feb 26, 2014 11:11 pm

marusira

Senior Manager - Equity Analytics

Posts : 510
Equity Stars : 5542
Reputation : 7
Join date : 2011-03-06
Age : 84
Location : කහටගස්දිගිලිය

Leon wrote:

sew wrote:TJL
PLC
VONE
AEL (Rs.22)

I have a thought of converting my VONE in to JKH.Not because of the today's up by JKH. VONE will take long time to give us a considerable return while JKH on the opposite.
What do you guys think??

If the selling is over it will go to 240s again.

Leon · 8 Re: Fundamentally strong shares at this level... Wed Feb 26, 2014 11:20 pm

Leon

Assistant Vice President - Equity Analytics

Posts : 735
Equity Stars : 5708
Reputation : 33
Join date : 2011-08-06

marusira wrote:

Leon wrote:

sew wrote:TJL
PLC
VONE
AEL (Rs.22)

I have a thought of converting my VONE in to JKH.Not because of the today's up by JKH. VONE will take long time to give us a considerable return while JKH on the opposite.
What do you guys think??

If the selling is over it will go to 240s again.

Despite today's up turn, my broker told me that there's still some shares to change hand. So it might come down again.

celtic tiger · 9 Re: Fundamentally strong shares at this level... Thu Feb 27, 2014 1:09 am

celtic tiger

Senior Manager - Equity Analytics

Posts : 520
Equity Stars : 5744
Reputation : 21
Join date : 2013-03-23

If you want fundamentally strong share within Rs 1-20,
TJL and PLC are good candidates. But how much return will they give for a medium term investment ??

IF you think return wise SHL will be a better candidate.

sew · 10 Re: Fundamentally strong shares at this level... Thu Feb 27, 2014 8:01 am

sew

Senior Equity Analytic

Posts : 67
Equity Stars : 3829
Reputation : 6
Join date : 2014-02-03

SHL, eps is good, and ASIRI doing extremely well,profit wise and well diversified. But the problem is their rising debt.
If Ashok Pathrage, who I admire a lot, comes up with a plan to reduce this debt, i will consider buying.

Leon · 11 Re: Fundamentally strong shares at this level... Thu Feb 27, 2014 9:13 am

Leon

Assistant Vice President - Equity Analytics

Posts : 735
Equity Stars : 5708
Reputation : 33
Join date : 2011-08-06

sew wrote: SHL, eps is good, and ASIRI doing extremely well,profit wise and well diversified. But the problem is their rising debt.
If Ashok Pathrage, who I admire a lot, comes up with a plan to reduce this debt, i will consider buying.

What are the available options for Mr.AP??
Going for a right is highly unlikely.
Private placement (again) Laughing

But I believe SHL will hugely benefit this low interest regime depending on their borrowing conditions.

VALUEPICK · 12 Re: Fundamentally strong shares at this level... Thu Feb 27, 2014 10:13 am

VALUEPICK

Expert

Posts : 3326
Equity Stars : 11299
Reputation : 347
Join date : 2014-02-26

More and more companies are becoming fundamentally very sound. Why? Low interest, less finance expenses, more demand, higher sales, low P/E, growth, export and import market. Please identify companies which are in Value Zone. Please avoid Seesaw stocks now. They destroy market trend.

marusira · 13 Re: Fundamentally strong shares at this level... Fri Feb 28, 2014 10:44 pm

marusira

Senior Manager - Equity Analytics

Posts : 510
Equity Stars : 5542
Reputation : 7
Join date : 2011-03-06
Age : 84
Location : කහටගස්දිගිලිය

Leon wrote:

marusira wrote:

Leon wrote:

sew wrote:TJL
PLC
VONE
AEL (Rs.22)

I have a thought of converting my VONE in to JKH.Not because of the today's up by JKH. VONE will take long time to give us a considerable return while JKH on the opposite.
What do you guys think??

If the selling is over it will go to 240s again.

Despite today's up turn, my broker told me that there's still some shares to change hand. So it might come down again.