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Super gain tax 25% is good for small or medium capital investors

5 posters

Go down  Message [Page 1 of 1]

NZ BOY

NZ BOY
Moderator
Moderator

People should consider about good stocks  now  bcoz  Already petrol and diesel price reduced.It would give good profit to most of the companies.

such as  
GLAS,RWSL,ESL,VFIN,COLO,AGST,SIRA,SDB,PARQ,CFVF,MBSL,CSEC,UML,KHL,RHL,TYRE and ETC

NZ BOY

NZ BOY
Moderator
Moderator

Positives Very Happy
This budget targets to reduce prices essential items. Together with the reduced prices of fuel and gasses and the likely reduction in electricity prices as said by Finance Minister will bring down the inflation further. This will positively affect the businesses in terms of low cost, low interest rates and favorable exchange rates

Negatives Rolling Eyes
The proposals to increase revenue will have an impact to some of the sectors but not all as below.
a) Banking & Finance - The largest hit can be expected since most of them earns more than 2bn profit so the super gain tax will reduce this years profit. On top of that the reduced interest rates on credit cards will reduce the margins from this business but there can be a huge volume increase.
Counters to look for bargain prices are COMB, HNB, NDB, DFCC, NTB, SAMP, CFIN, COCR, CINS, LFIN

b) Food and beverage - The super gain tax will hit the share prices of the following counters
CTC, NEST

c) Diversified - Super gain tax and casino fee impact
Counters for bargain will be JKH, HAYL, DIST, VONE, SPEN

d) Manufacturing - Super gain tax impact for the counters such as LLUB, TKYO, RCL

e) Power & Energy - Super gain tax impact on LIOC

f) Telecommunication - Super gain tax plus the charge on satellite TV business and the removal of tax on reloads
Both DIAL & SLTL to be impacted


These shares will come down but will recover earlier than expected since these are one off nature. So the opportunity exists to collect at lower prices.

Another important point is that when the overall market comes down due to the big players the small players with sound financials will also come down. You must not let go this opportunity as well. Because when the market recovers these are the once that will come back to their original prices in no time. Some of the counters to watch are SIRA, VPEL, GLAS, GREG, SFIN, VFIN, AAF, BIL, RICH.

This is my analysis and my advice to you. Happy trading.
good one
posted by Equity champ

shadow walker

shadow walker
Vice President - Equity Analytics
Vice President - Equity Analytics

what about OSEA ..

VALUEPICK

VALUEPICK
Expert
Expert

Yes. It is good time to study and pick winning small and mid cap stocks in sectors such as agri, farming, helath. hotel, plantation, food and poultry sectors to get return in the future.

Jana

Jana
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

shadow walker wrote:what about OSEA ..

last financial year net profit for OSEA
OVERSEAS REALTY Rs. 2,436,907,776
so they need to pay if they show again more than 2 Billion

VALUEPICK

VALUEPICK
Expert
Expert

Today following mid and small stocks went up in a big selling day.

ABAN,MPRH,TAFL,BFL,BBH,BLUE,ELPL,KGAL,KOTA,LLMP,ODEL,UML,WATA

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

what about

PAP and MBSL

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