FREE LANKA CAPITAL HOLDINGS

Nuwan · 1 FREE LANKA CAPITAL HOLDINGS Fri May 13, 2011 7:25 am

Nuwan

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is it worth buying at 5.00
will this share rise even after 2 months?? or is it better for me to go to any other share like CSEC or HUEJ

tkc · 2 Re: FREE LANKA CAPITAL HOLDINGS Fri May 13, 2011 7:27 am

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Nuwan wrote:is it worth buying at 5.00
will this share rise even after 2 months?? or is it better for me to go to any other share like CSEC or HUEJ

Free Lanka is a good company for me.......But I want to keep this share for long term....

xmart · 3 Re: FREE LANKA CAPITAL HOLDINGS Fri May 13, 2011 8:56 am

xmart

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good. but not for sudden miracles. if they succeed with their plans, we can observe continuous development Q to Q. observe the earning minimum of 1 year then you can identify the direction. but, to me, at the moment this is a share that can give 50% return in 1 year with 70% probability.

anyway, this is at IPO price isn't it?

cse.alpha · 4 Re: FREE LANKA CAPITAL HOLDINGS Fri May 13, 2011 10:15 am

cse.alpha

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FLCH is at present mainly a play on plantations (near term outlook is cloudy due to wage hike and global commodity concerns), and its strong promoters (aloysius - Perpetual - LOLC - BRWN).

FLCH is not comparable with CSEC or HUEJ.

CSEC is a bet on the ability of the controlling Schaffter family to do more deals on their group companies, and get more value from subsidiaries KDL and CFVF. CSEC sold LAMB in late 2010.

HUEJ is just a loss making, but very illiquid company where the shares are easily manipulated.

TuskerLK · 5 Re: FREE LANKA CAPITAL HOLDINGS Fri May 13, 2011 10:22 am

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On the next plantation rally FLCH will shine...

antxster · 6 Re: FREE LANKA CAPITAL HOLDINGS Fri May 13, 2011 10:37 am

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tinyman wrote:On the next plantation rally FLCH will shine...

So when will be the next plantation rally?

TuskerLK · 7 Re: FREE LANKA CAPITAL HOLDINGS Fri May 13, 2011 10:46 am

TuskerLK

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antxster wrote:

tinyman wrote:On the next plantation rally FLCH will shine...

So when will be the next plantation rally?

Hope it after June, the results are good (HOPL,TPL etc), but i'm not a fortune teller

antxster · 8 Re: FREE LANKA CAPITAL HOLDINGS Fri May 13, 2011 10:56 am

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tinyman wrote:

antxster wrote:

tinyman wrote:On the next plantation rally FLCH will shine...

So when will be the next plantation rally?

Hope it after June, the results are good (HOPL,TPL etc), but i'm not a fortune teller

Lol. shit. i just sold my 50,000 qty shares of FLCH @ Rs5.00 (I Bought it at Rs 5.70, 20% losses) zZz

cse.alpha · 9 Re: FREE LANKA CAPITAL HOLDINGS Fri May 13, 2011 11:57 am

cse.alpha

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I'm no fortune teller either, but with wage hikes certain from April 2011, most plantation results for June and Sept quarters may not be as good as March quarter, unless commodity prices rocket upward again.

if wage negotiations get delayed, impact of wage hike in accounts can get delayed a bit, but higher wages will be backdated from April 2011.

Rubber is still preferred to tea, but remember to look at valuations, and ask if higher risk involved in plantations is adequately reflected by way of lower valuation.

CSE Today · 10 Re: FREE LANKA CAPITAL HOLDINGS Fri May 13, 2011 12:37 pm

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Nuwan wrote:is it worth buying at 5.00
will this share rise even after 2 months?? or is it better for me to go to any other share like CSEC or HUEJ

If you love your hard earn money...then never even think about stocks like HUEJ..! its only a shell.....nothing in it to prove a market value of even RS 100/-......but surely its a stock for gamblers