Advice on My portfolio

Dear Friends, Main losses in my PF is,

TAFL 600 @ 176
BFL 300 @ 336
UBC 1000 @ 37
SEYB 1600 @ 85

And also I have HAYC 1000 @ 168. I suppose to sell HAYC @ Market price ( Loss Rs.9000) and average other high losses shares.

Could you pls advice me on my idea.
Your comments are highly welcome.

i think you have bought all these in last year ? this is the time to average if you miss this chance u will have to wait another year to

hurry and average but ask others viewe, it seems to be wise dicisiton

I too feel your approach is correct, sell the shares having the minimum loss and average the others. Timing looks good now.

Universalgoal wrote:i think you have bought all these in last year ? this is the time to average if you miss this chance u will have to wait another year to

hurry and average but ask others viewe, it seems to be wise dicisiton

Thanks for you comment bro.

And I expect advice from other members too specially from CSE.SAS,sriranga,kumar,rijayasoriya,Rajaraam,bakapanditha. Your comments are welcome

Dear wsaman
look like you bought all these shares their peak values. I suggest you to study before investing stocks further. first you should select good fundamentally strong shares. when you do this check their PE, book value, dividend yield, NAV etc.
Then you should check technical indicators to identify the best time to enter those shares.
Finally What I suggest is look for new counters which will give you good return within given period instead of averaging those counters. Decision is up to you.
Good luck

wsaman wrote:Dear Friends, Main losses in my PF is,

TAFL 600 @ 176
BFL 300 @ 336
UBC 1000 @ 37
SEYB 1600 @ 85

And also I have HAYC 1000 @ 168. I suppose to sell HAYC @ Market price ( Loss Rs.9000) and average other high losses shares.

Could you pls advice me on my idea.
Your comments are highly welcome.

Averaging down is not a good strategy provided that u dont know the % of appreciation it can take on a run...

By doing so ur oppertunity loss may rise...

I advice you to only avg UBC in this scenario with 1000 at least.. Then look for some other luckrative shares that can at least give you a 10-20% run in near future..

wsaman wrote:Dear Friends, Main losses in my PF is,

TAFL 600 @ 176
BFL 300 @ 336
UBC 1000 @ 37
SEYB 1600 @ 85

And also I have HAYC 1000 @ 168. I suppose to sell HAYC @ Market price ( Loss Rs.9000) and average other high losses shares.

Could you pls advice me on my idea.
Your comments are highly welcome.

Hold SEYB. The price is being maintained around 65 so your loss will not increase. Dividend paying company so its a matter of waiting for an appreciation which should happen when general market conditions improve or if the share piggy backs on another banks run.

I'd say avg into BFL and TAFL because they are retailer friendly stocks with a lot of participation. If you buy TAFL below 100 and BFL around 200 or below then it will reduce your average a lot.

I don't follow UBC or HAYC but if you have the money, my general rule is buy into your losses. They are dividend paying companies and if you haven't loaned the money then you are in a wait and see position.

Hope it helps.

Another victim of buy and hold strategy.We have plenty of them of here

illuminati wrote:Another victim of buy and hold strategy.We have plenty of them of here

i know you are against buy and hold.
Intelligent investors are still all over the place doing the stratergy 'buy and hold'.
Buying high and holding is stupidity.

Kumar wrote:

illuminati wrote:Another victim of buy and hold strategy.We have plenty of them of here

i know you are against buy and hold.
Intelligent investors are still all over the place doing the stratergy 'buy and hold'.
Buying high and holding is stupidity.

You are correct.

illuminati wrote:Another victim of buy and hold strategy.We have plenty of them of here

What about if you buy and hold the fundmental shares...

smallville wrote:

wsaman wrote:Dear Friends, Main losses in my PF is,

TAFL 600 @ 176
BFL 300 @ 336
UBC 1000 @ 37
SEYB 1600 @ 85

And also I have HAYC 1000 @ 168. I suppose to sell HAYC @ Market price ( Loss Rs.9000) and average other high losses shares.

Could you pls advice me on my idea.
Your comments are highly welcome.

Averaging down is not a good strategy provided that u dont know the % of appreciation it can take on a run...

By doing so ur oppertunity loss may rise...

I advice you to only avg UBC in this scenario with 1000 at least.. Then look for some other luckrative shares that can at least give you a 10-20% run in near future..

I am also agree with you. Better to avaerage UBC only.. becasue he brought for 37. so for the money he used for average can buy lucative shares and can earn some profit in normal run. Better to play with BLUE, HVA,EAST... if can enter and exit in the correct point can gain good profit.

raa wrote:

wsaman wrote:Dear Friends, Main losses in my PF is,

TAFL 600 @ 176
BFL 300 @ 336
UBC 1000 @ 37
SEYB 1600 @ 85

And also I have HAYC 1000 @ 168. I suppose to sell HAYC @ Market price ( Loss Rs.9000) and average other high losses shares.

Could you pls advice me on my idea.
Your comments are highly welcome.

Hold SEYB. The price is being maintained around 65 so your loss will not increase. Dividend paying company so its a matter of waiting for an appreciation which should happen when general market conditions improve or if the share piggy backs on another banks run.

I'd say avg into BFL and TAFL because they are retailer friendly stocks with a lot of participation. If you buy TAFL below 100 and BFL around 200 or below then it will reduce your average a lot.

I don't follow UBC or HAYC but if you have the money, my general rule is buy into your losses. They are dividend paying companies and if you haven't loaned the money then you are in a wait and see position.

Hope it helps.

Fair advice. As you are holding these shares during last six months or more, I think you are not in credit. Don't average shares by selling something. If you can re-finance your portfolio, that's the best thing. And trade the shares. Look at TAFL, how many times it has gone up and down between 75-135 during last six months. When a share dropped to an absurd level buy it on cash. We all have a feeling that we don't want to sell at loss. Best thing to counter such feelings is buy the same share at low and trade. I can’t be 100% sure, but I think chicken shares are worth at current prices. TAFL may move above at least 110/- or 115/- couple of times during next 4 weeks. So trade your new quantity. By doing so you can eliminate ur loses. BFL is worth at current prices. This share may not volatile as TAFL, but when it's moving it will go by at least 50-60 rupees. All the chicken shares are fairly ill-liquid. So easily movable. My estimates above are minimum. But if daily turnover levels go beyond 1.5b, expect lot of pop-ups in chickens.

SEYB is also same. I have collected some @ 63.10-63.30 during last few days. This share may end the year at 70/- levels. UBC earnings are not justifiable even at current prices. But as we can see these levels are bottom prices, it's time to average. UBC will report higher than normal profit by 31st Dec.
Don’t get disheartened for comments like this
“Another victim of buy and hold strategy. We have plenty of them of here”
We all take our decisions relative to the market conditions. So going wrong is natural, What we have to learn is how to recover losses.

Thanks a lot for all of your comments

මෙයාට කව්රුවත් විකුනන්න කියන්නේ නැත්තේ මොකද? හැමෝම කියන්න ගන්න ගන්න ගන්න. BFL 200 ඉඳන් 550 ගිය වෙලාවෙත් කට්ටිය කිව්වේ ගන්න, ගන්න කියල. මෙයත් මම හිතන්නේ ඒවගේ කතා අහල ගනිපු කෙනෙක් . මමත් එහෙම තමා!! නමුත් දැන් මම ඊට වඩා ඉගෙනගෙන තියෙන්නේ. wsaman දැන් ඔයාට පෙනෙනවා නේද ලොකු ලොක්කෝ නැති වෙලේ මාර්කෙට් එක උඩ යනවා? ඒගොල්ලන් අපහු අපු දවසට මාර්කෙට් එක බහිනවා අන්න එදාට ඔය තීරණය කරන්න මොකද කොරන්න ඕන කියල. මම නම් එදාට විකුනනවා .

මේක සුවර් එකට තව ගොඩක් බහිනවා මොකද තවම ගන්නේ ඔයා, මම වගේ අය නේ . අපි ගණන් උස්සල තිබ්බට පස්සේ ලොකු ලොක්කෝ අපෙන් ගන්නේ නැ අපිට විකුනනවා මිසක් ( චික් මට මේක අවුරුද්දේ මුලදී තේරුනේ නැනේ )

I also have loss.. with shares i brought on begining of the year. But i have cover some loss playing with the speculative shares these days..(Hint: you can brought BLUE x for 3.60 and can sell for 3.80/3.90..many times it move on these ranges... same for HVA ). With these type of gain you can cover the loss...