Recommend me a good counter....

Leon · 1 Recommend me a good counter.... Sat Sep 24, 2011 5:32 pm

Leon

Assistant Vice President - Equity Analytics

Posts : 735
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Join date : 2011-08-06

Dear Investors...

Show me some good counters for next week.I'll do my home work and take the responsibility for that.But I have only 50K.
Still I;m a toddler in CSE that's why I need your help,
Thanks in advance..

RIO · 2 Re: Recommend me a good counter.... Sat Sep 24, 2011 6:38 pm

RIO

Senior Manager - Equity Analytics

Posts : 452
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Join date : 2011-06-01

Leon wrote:Dear Investors...

Show me some good counters for next week.I'll do my home work and take the responsibility for that.But I have only 50K.
Still I;m a toddler in CSE that's why I need your help,
Thanks in advance..

Leon,

There will not be any good counters for next week as we step in to the final stage of the stipulated 25% credit clearance ( be informed that there is another 25% clearance dead line on 31st Dec 2011). But yes there will be many good counters in next week to collect as many traders has to dispose a portion of their portfolio to clear the credit purchases

and every thing will be decided on the holding power of your capital investment...even if you collect good counters on next week and if unable to hold for a considerable period then again those counters will not become good for you instead of how that same counters are exceptionally good & profitable for investors who has the edge of the mighty holding power...which is the trump card in CSE...

Hope this helps you to decide what should be your next step...Cheers Very Happy

ShareShares · 3 Re: Recommend me a good counter.... Sat Sep 24, 2011 7:06 pm

ShareShares

Assistant Vice President - Equity Analytics

Posts : 679
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Join date : 2011-02-02

RIO wrote:

Leon wrote:Dear Investors...

Show me some good counters for next week.I'll do my home work and take the responsibility for that.But I have only 50K.
Still I;m a toddler in CSE that's why I need your help,
Thanks in advance..

Leon,

There will not be any good counters for next week as we step in to the final stage of the stipulated 25% credit clearance ( be informed that there is another 25% clearance dead line on 31st Dec 2011). But yes there will be many good counters in next week to collect as many traders has to dispose a portion of their portfolio to clear the credit purchases

and every thing will be decided on the holding power of your capital investment...even if you collect good counters on next week and if unable to hold for a considerable period then again those counters will not become good for you instead of how that same counters are exceptionally good & profitable for investors who has the edge of the mighty holding power...which is the trump card in CSE...

Hope this helps you to decide what should be your next step...Cheers

Next week is a good time to collect, green or red depends on global market reaction on Monday to global economic situation. There are lots of discussions going on in international media regarding this global issue. As it was mentined above, if many traders has to dispose a portion of their portfolio to clear the credit purchases on top of a global chaotic and disorderly withdrawal, recovery would be slow.

http://www.guardian.co.uk/business/2011/sep/23/stock-market-rout-eurozone-crisis?newsfeed=true

http://online.wsj.com/article/BT-CO-20110919-710046.html

Next quarter financials would drive the market. Colombo stock exchange does not have to worry too much about a global recession. CSE has the potential to grow under those circumstances.

zen · 4 Re: Recommend me a good counter.... Sat Sep 24, 2011 8:12 pm

zen

Manager - Equity Analytics

Posts : 163
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Join date : 2011-07-30
Age : 37
Location : Colombo

This is a good lesson for all us. Those who'll be selling next week will do it at losses. Never invest borrowed money.
I have already collected RHL, RWSL, GRAN and HHL and hoping to collect CHOT next week for 30. All of these will give you good returns provided you can hold.