Broker's Recommendations

Leon · 1 Broker's Recommendations Sat Dec 24, 2011 8:28 am

Leon

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Hi guys......My broker Sc securities recommend me with following counters for the upcoming rally.
CSF, Greg.N, ECL.N, Odel, Blue.N
I'm a very very small scale trader(Investor) who is trying my luck with CSE. You expert may contribute with your thoughts.....
Thanks in advance..

smallville · 2 Re: Broker's Recommendations Sat Dec 24, 2011 9:04 am

smallville

Associate Director - Equity Analytics

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Your broker has recommended you the speculative buys that can give u abt 10% run in either way Wink

ODEL is a seasonal share where the December qtr earnings have a potential to go up being X'mas/New year season.. However ODEL is also not a bad share and I recon it to be med-term share, mid term = 6 months.

All others are speculatives and can run but risky.. If u buy at the bad time u willget your hands burnt.. We're not sure now whether big boys are there in those shares to push up so retailer runs are not promising enuf..
If you really wanna enter, try to gamble with a small quantity with a stop loss..

I cant encourage anyone to go after rallies or crap though sometimes u can win.. its a chance u take.. high risk high gain Wink

opfdo · 3 Re: Broker's Recommendations Sat Dec 24, 2011 1:50 pm

opfdo

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Leon wrote:Hi guys......

My broker Sc securities recommend me with following counters for the upcoming rally.
CSF
Greg.N
Ecl.N
Odel
Blue.N
I'm a very very small scale trader(Investor) who is trying my luck with CSE. You expert may contribute with your thoughts.....
Thanks in advance..

yes I agreed with smallville.

dear Leon, as said by smallville those shares that recommended by your broker are not sounds good except odel. i wonder why your broker recommended such a stock. my friend be wise. think about good shares. it dosent matter how much you have. it is a matter of your selection of shares. if you buy csd at 10.90 & 11.00, you won. why your broker didn't recommend that. plsdo some home work, do not follow brokers recommendation always.

soileconomy · 4 Re: Broker's Recommendations Sat Dec 24, 2011 6:46 pm

soileconomy

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One of my stockbrokers advised me to buy GREG , BLUE.
The other one advised me to sell GREG , BLUE if I have them in my portfolio.
Difference- first one does not know about prevailing market , he is a novice ,does not do proper analyses , worried about his commission , does not see a clear ,potential growth.

Second one is opposite of the first one.

So choice is yours.

bakapandithaya · 5 Re: Broker's Recommendations Sat Dec 24, 2011 7:21 pm

bakapandithaya

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ODEL is good 2 collect

hawklk · 6 Re: Broker's Recommendations Sat Dec 24, 2011 7:47 pm

hawklk

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soileconomy wrote:One of my stockbrokers advised me to buy GREG , BLUE.
The other one advised me to sell GREG , BLUE if I have them in my portfolio.
Difference- first one does not know about prevailing market , he is a novice ,does not do proper analyses , worried about his commission , does not see a clear ,potential growth.

Second one is opposite of the first one.

So choice is yours.

I mentioned about these novice "Investment advisers" on a previous post

http://forum.srilankaequity.com/t14194-sri-lanka-brokers-hail-bank-credit-move

soileconomy · 7 Re: Broker's Recommendations Sat Dec 24, 2011 7:56 pm

soileconomy

Senior Vice President - Equity Analytics

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hawklk wrote:

soileconomy wrote:One of my stockbrokers advised me to buy GREG , BLUE.
The other one advised me to sell GREG , BLUE if I have them in my portfolio.
Difference- first one does not know about prevailing market , he is a novice ,does not do proper analyses , worried about his commission , does not see a clear ,potential growth.

Second one is opposite of the first one.

So choice is yours.

I mentioned about these novice "Investment advisers" on a previous post

http://forum.srilankaequity.com/t14194-sri-lanka-brokers-hail-bank-credit-move

.

When we have more than one broker that is some kind of an advantage we get if we can think properly.

sriranga · 8 Re: Broker's Recommendations Sun Dec 25, 2011 5:32 am

sriranga

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osmand wrote: i wonder why your broker recommended such a stock.

Because, please read the following famous quote.......

"Brokers have never enjoyed the purest of reputations in our popular imagination. From the corruptible Bud Fox of Wall Street to the manipulative bond salesmen of Liar's Poker, the people whose job it is to push investments out the door and into investors' arms have often been depicted as morally elastic. After all, brokers are ultimately salespeople who are generally compensated by commission and whose primary loyalty is to their employers . . . You wouldn't go to a doctor who earns a commission on every prescription he writes. Why treat your finances with any less respect."
- By Elizabeth Ody

http://forum.srilankaequity.com/t2221p150-stock-market-quotes#92512

15%only · 9 Re: Broker's Recommendations Sun Dec 25, 2011 8:59 am

15%only

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Think mid term and don't rush for profits. Have to hold and don't look for sudden increases - if you get it's good otherwise need to keep. Companies that give some sort of dividen is an option.