Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Contribute
Submit Post

Latest topics

» EAST WEST PROPERTIES PLC (EAST.N0000)
by Invest2018 Today at 10:25 am

» Seylan right issue
by ThilinaM Today at 9:52 am

» What's going on about vone
by glad Today at 9:09 am

» POSITIVE ECONOMIC & POLITICAL STABILITY
by CITIZEN Today at 8:53 am

» SEYLAN BANK PLC (SEYB.N0000)
by Intrinsicvalue Today at 6:29 am

» Central bankers trigger crises, don’t admit or learn from mistakes: economist at Sri Lanka forum
by fireshelter Yesterday at 11:18 pm

» Sri Lanka targets US$6,500 per capita income by 2025
by fireshelter Yesterday at 11:15 pm

» RENUKA CAPITAL PLC (KZOO.N0000)
by fireshelter Yesterday at 10:49 pm

» RENUKA AGRI FOODS PLC (RAL.N0000)
by fireshelter Yesterday at 10:45 pm

» GALADARI HOTELS (LANKA) PLC (GHLL.N0000)
by fireshelter Yesterday at 10:42 pm

» Banking Sector
by PDH Yesterday at 8:16 pm

» Shares to Buy
by ColomboCSE Yesterday at 6:56 pm

» Dhammika Perera Aquire ALUF @23 Now at 50%Discount
by NZ BOY Yesterday at 2:02 pm

» ALLIANCE FINANCE COMPANY PLC (ALLI.N0000)
by KavinduTM Yesterday at 1:22 pm

» Company එකක් DELIST කරන...
by ColomboCSE Yesterday at 1:03 pm

» CSE RULES (CSE වල දැනට තියන නීති ගැන)
by ColomboCSE Yesterday at 12:49 pm

» Key to staying in the trading game for Day Traders
by NANDANA2012 Yesterday at 11:30 am

» LANKA IOC PLC (LIOC.N0000)
by Teller Yesterday at 10:35 am

» Investment Advice
by Gajaya Yesterday at 9:17 am

» කාලෙකට පස්සෙ එන අවස්තාවක් උදා වෙලා කියලයි - හැබැයි අවදානම තියනවා
by Kipling Sat Dec 14, 2019 9:31 pm

» LOLC FINANCE PLC (LOFC.N0000)
by wealth123 Sat Dec 14, 2019 9:07 pm

POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC

Advertise

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » කොටස් වෙළඳපොළේ කතා » comb, spen buy??

comb, spen buy??

Go down  Message [Page 1 of 1]

1comb, spen buy?? Empty comb, spen buy?? on Sun Jul 08, 2018 5:37 pm

anushka25

anushka25
Stock Trader
comb, spen දැන් තියෙනෙ 52 week low නිසා buy කරන්න සුදුසුද?  Rolling Eyes Rolling Eyes Rolling Eyes Rolling Eyes

2comb, spen buy?? Empty Re: comb, spen buy?? on Wed Jul 11, 2018 4:45 pm

DS Wijesinghe


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@anushka25 wrote:comb, spen දැන් තියෙනෙ 52 week low නිසා buy කරන්න සුදුසුද?  Rolling Eyes Rolling Eyes Rolling Eyes Rolling Eyes
Anushka, buying any stock @ 52 week lowest should be avoided at all times when investing in stocks. Investors who bought COMB, SPEN, LLUB during the last 3 1/2 years based on this misguided theory have learned the bitter reality. There are so many other similar stocks. 

I have been following SPEN for some time and bought a smaller quantity @ 50/-  eventhough it doesn't satisfy my full criteria. Its dissapopinting to note that their Annual Rate of Return on Capital is well below 10% and there is virtually no growth in Dividends.

Also I will buy a further quantity if it comes down to 45./- as the company's renewal of agreements with CEB will drive topline and bottomline both in the next 3 years.


Below is a post I have shared earlier as well in this forum to reiterate among medium-long term fellow forum member on some of the basic tools used by worlds highly successful investors who earn pretty decently even in bear markets. They are cardinal rules adopted by all time highly successful investors. 

The rule is, always invest with Certainty as Investing is not Gambling. Always invest in a company from an industry that you understand and like. You need to love the business of the company you invest in. For example If you don't like drinking and Smoking on principle, don't invest in companies operating in those industries, like Distilleries, Breweries and Tobacco. .Also If you really don't understand what the business is all about, then you're gambling on them. Remember INVESTING IS NOT GAMBLING.

After you had figured out that you love the industry and the company, look at Return on Investment Capital (ROIC), sales, profitability, Earnings per share(EPS), Net Asset Value Per Share(NAVPS), annual dividend for a least 5 years.(preferably for 8 years). Compounded annual growth rates of these performance yardsticks need to be a minimum of 10% per annum during the 5 or 8 year period you are reviewing. The other measures are Net Cashflows and the Current Asset:Current Liability ratio. If the performances are not consistent with visible swings up and down, don't even bother to touch the company you are researching.

Before you invest in any business pay close attention to the people who run it. Do it even after you've invested in that business. Is the CEO a honest and a great leader? He/she HAS to be Shareholder driven and one who will have great ambition to take the company to greater heights.

If the management team doesn't have talent or integrity, they'll run the business into the ground and you'll be in danger of losing your capital. Therefore please carefully research the CEO and his track record.

Read very carefully the CEOs message to the shareholders in the Annual Reports and quarterly reports. A good CEO would always make an effort to explain in a way that everyone can easily understand. If you are confused as to what the CEO is trying to tell the shareholders, it could be that the management is intentionally misleading and the company might be in trouble.

Above are few of the tips (amongst many more they look at before buyingI have learned from some of the all time highly successful investors who beat the market annually, whether it is BULL or BEAR.

If you stick to these cardinal rules you will earn a return on your investment beating Bank FD rates even perhaps during Bear periods. CSE is going through a very rough Bear market patch from Jan 2015 to-date and we need to ensure our investments are safe and secure even during hard and difficult times like these..

3comb, spen buy?? Empty Great one DS on Wed Jul 11, 2018 6:59 pm

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@DS Wijesinghe wrote:
@anushka25 wrote:comb, spen දැන් තියෙනෙ 52 week low නිසා buy කරන්න සුදුසුද?  Rolling Eyes Rolling Eyes Rolling Eyes Rolling Eyes
Anushka, buying any stock @ 52 week lowest should be avoided at all times when investing in stocks. Investors who bought COMB, SPEN, LLUB during the last 3 1/2 years based on this misguided theory have learned the bitter reality. There are so many other similar stocks. 

I have been following SPEN for some time and bought a smaller quantity @ 50/-  eventhough it doesn't satisfy my full criteria. Its dissapopinting to note that their Annual Rate of Return on Capital is well below 10% and there is virtually no growth in Dividends.

Also I will buy a further quantity if it comes down to 45./- as the company's renewal of agreements with CEB will drive topline and bottomline both in the next 3 years.


Below is a post I have shared earlier as well in this forum to reiterate among medium-long term fellow forum member on some of the basic tools used by worlds highly successful investors who earn pretty decently even in bear markets. They are cardinal rules adopted by all time highly successful investors. 

The rule is, always invest with Certainty as Investing is not Gambling. Always invest in a company from an industry that you understand and like. You need to love the business of the company you invest in. For example If you don't like drinking and Smoking on principle, don't invest in companies operating in those industries, like Distilleries, Breweries and Tobacco. .Also If you really don't understand what the business is all about, then you're gambling on them. Remember INVESTING IS NOT GAMBLING.

After you had figured out that you love the industry and the company, look at Return on Investment Capital (ROIC), sales, profitability, Earnings per share(EPS), Net Asset Value Per Share(NAVPS), annual dividend for a least 5 years.(preferably for 8 years). Compounded annual growth rates of these performance yardsticks need to be a minimum of 10% per annum during the 5 or 8 year period you are reviewing. The other measures are Net Cashflows and the Current Asset:Current Liability ratio. If the performances are not consistent with visible swings up and down, don't even bother to touch the company you are researching.

Before you invest in any business pay close attention to the people who run it. Do it even after you've invested in that business. Is the CEO a honest and a great leader? He/she HAS to be Shareholder driven and one who will have great ambition to take the company to greater heights.

If the management team doesn't have talent or integrity, they'll run the business into the ground and you'll be in danger of losing your capital. Therefore please carefully research the CEO and his track record.

Read very carefully the CEOs message to the shareholders in the Annual Reports and quarterly reports. A good CEO would always make an effort to explain in a way that everyone can easily understand. If you are confused as to what the CEO is trying to tell the shareholders, it could be that the management is intentionally misleading and the company might be in trouble.

Above are few of the tips (amongst many more they look at before buyingI have learned from some of the all time highly successful investors who beat the market annually, whether it is BULL or BEAR.

If you stick to these cardinal rules you will earn a return on your investment beating Bank FD rates even perhaps during Bear periods. CSE is going through a very rough Bear market patch from Jan 2015 to-date and we need to ensure our investments are safe and secure even during hard and difficult times like these..
every one need to do their own analysis before picking a share. If I have time I will start a new topic How to pick a share:roll: Rolling Eyes
A.52weeks low is not the only option to buy Idea 
B.52weeks high is not the only option to buy too Idea

Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum