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FLCH !!!!!!!!!!!!!!!!!

+3
SM2014
san1985
thankrishan
7 posters

Go down  Message [Page 1 of 1]

1FLCH !!!!!!!!!!!!!!!!! Empty FLCH !!!!!!!!!!!!!!!!! Wed Nov 12, 2014 6:59 pm

thankrishan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Currently i hold some considerable number of FLCH at an average price of 3 and now i feel that am in a wrong boat, which i cant come out ever.

So i have came to a decision to dispose those at 2.20 - 2.40, and invest the money in some good stocks.

Please comment on the above and suggest me some good stocks to reduce my loss.


Thanks in advance.

2FLCH !!!!!!!!!!!!!!!!! Empty Re: FLCH !!!!!!!!!!!!!!!!! Wed Nov 12, 2014 7:38 pm

san1985

san1985
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Rubber results has heavily deteriorated due to the reduction in market prices and have impacted the bottom line of the group.

With the expected wage increase in the plantation industry in next year we can not have much hope on this counters performance.

At least for now. With FLC Properties new commercial building (Borella) revenue coming through it will be good in the future.  This is a long term investment for me.

Can not see any light in the short run.

3FLCH !!!!!!!!!!!!!!!!! Empty Re: FLCH !!!!!!!!!!!!!!!!! Wed Nov 12, 2014 8:21 pm

SM2014

SM2014
Manager - Equity Analytics
Manager - Equity Analytics

thankrishan wrote:Currently i hold some considerable number of FLCH at an average price of 3 and now i feel that am in a wrong boat, which i cant come out ever.

So i have came to a decision to dispose those at 2.20 - 2.40, and invest the money in some good stocks.

Please comment on the above and suggest me some good stocks to reduce my loss.


Thanks in advance.

Better to exit (if you are a short term investor)before a correction. In a market correction this might come 1.80 level again

4FLCH !!!!!!!!!!!!!!!!! Empty Re: FLCH !!!!!!!!!!!!!!!!! Wed Nov 12, 2014 8:26 pm

thankrishan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

If so please suggest me some counter to put the disposal money?

5FLCH !!!!!!!!!!!!!!!!! Empty Re: FLCH !!!!!!!!!!!!!!!!! Thu Nov 13, 2014 8:53 am

SM2014

SM2014
Manager - Equity Analytics
Manager - Equity Analytics

thankrishan wrote:If so please suggest me some counter to put the disposal money?

My suggestion is to hold the sales proceeds for another 2-3weeks. I expect a correction after the quarterly report deadline of 15 November. You may be able to buy some shares (we can discuss after another 2-3 weeks about gud shares at that time) at lower prices during a correction.GL

6FLCH !!!!!!!!!!!!!!!!! Empty Re: FLCH !!!!!!!!!!!!!!!!! Thu Nov 13, 2014 10:21 am

zy


Senior Equity Analytic
Senior Equity Analytic

My opinion is to "Hold"

As the price is near bottom and support level is around 2.2 it is very safe.

And as the market is very positive and no negative news about the company, the chance for a bull run is very high.

7FLCH !!!!!!!!!!!!!!!!! Empty Re: FLCH !!!!!!!!!!!!!!!!! Thu Nov 13, 2014 10:23 am

san1985

san1985
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

zy wrote:My opinion is to "Hold"

As the price is near bottom and support level is around 2.2 it is very safe.

And as the market is very positive and no negative news about the company, the chance for a bull run is very high.

Sorry mate..dont expect bull tuns on this in the short run

Trust me..won't happen

8FLCH !!!!!!!!!!!!!!!!! Empty Re: FLCH !!!!!!!!!!!!!!!!! Thu Nov 13, 2014 11:16 am

tryinghard


Stock Analytic
Stock Analytic

My average is at 2.30. I had two opportunities to exit at 2.50. But I didn't do it thinking it wasn't the right price to exit. But I think I was wrong. I may have to hold for a very very long time now.

9FLCH !!!!!!!!!!!!!!!!! Empty Re: FLCH !!!!!!!!!!!!!!!!! Thu Nov 13, 2014 11:25 am

san1985

san1985
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

tryinghard wrote:My average is at 2.30. I had two opportunities to exit at 2.50. But I didn't do it thinking it wasn't the right price to exit. But I think I was wrong. I may have to hold for a very very long time now.

Yes. If you have to make something out of this share you will have wait for a long time. It has the potential. But definitely it will take time.

In the short run it will be worst. Trust me.

Your opportunity cost in holding to that will be very high

My suggestion is to divest it and invest in a counter which has potential.

Of course it is up to you to decide.


10FLCH !!!!!!!!!!!!!!!!! Empty Re: FLCH !!!!!!!!!!!!!!!!! Thu Nov 13, 2014 2:02 pm

kadik


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

my average is 4.30 @ 50,000. what should i do.... hold or sell.
sell @ 2.2 and buy ESL.N000 ?????????

11FLCH !!!!!!!!!!!!!!!!! Empty Re: FLCH !!!!!!!!!!!!!!!!! Thu Nov 13, 2014 2:50 pm

hettdas

hettdas
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics


Once there was a news that Mr Dammika Perera going to buy FLCH at 4.50. Any one know what happened to that?

12FLCH !!!!!!!!!!!!!!!!! Empty Re: FLCH !!!!!!!!!!!!!!!!! Thu Nov 13, 2014 3:11 pm

san1985

san1985
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

hettdas wrote:
Once there was a news that Mr Dammika Perera going to buy FLCH at 4.50. Any one know what happened to that?

Anything like that is not in the channel..That is just news bro...

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