FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ 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
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ 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
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images
All images
RESEARCH HUB

Latest topics

» Hotel Sigiriya (HSIG) most undervalued & huge profit making Hotel
by Chalitha Tharanga Today at 6:44 pm

» Mahaweli Reach Hotels (MRH.N)
by Chalitha Tharanga Today at 6:41 pm

» Banking Sector (3Q 2024)
by ADVENTUS Today at 5:33 pm

» CSE to turn bullish after November 14 poll
by Rare Today at 10:13 am

» ලාභ විජ්ජාව!!
by D.G.Dayaratne Yesterday at 8:11 pm

» Prepare to be blown away..
by cpriya Yesterday at 1:05 am

» ‘Buy the Rumour, Sell the News’
by God Father Sat Nov 16, 2024 12:00 pm

» Asian stocks drift higher amid rate cut speculation; Japan lags
by Rare Sat Nov 16, 2024 9:56 am

» Oil prices fall further
by Rare Sat Nov 16, 2024 9:40 am

» Post-election winners.
by Rare Sat Nov 16, 2024 9:36 am

» Bullish about a sustainable turnaround - CSE Chairman
by Rare Sat Nov 16, 2024 9:25 am

» Plantation Companies
by Rare Sat Nov 16, 2024 9:19 am

» COMMERCIAL BANK OF CEYLON PLC (COMB.N0000)
by EPS Thu Nov 14, 2024 10:31 pm

» People's leasing VS Singer Finance IPO Analysis
by ddrperera Wed Nov 13, 2024 8:18 pm

» Insights into LOLC Advanced Technologies
by samaritan Wed Nov 13, 2024 10:41 am

» LOLC Tech's ambitious plans for global expansion
by samaritan Tue Nov 12, 2024 2:06 pm

» PLANTATION SECTOR
by God Father Sun Nov 10, 2024 8:19 pm

» People's leasing company, a hidden gem? (an analysis)
by Nandana Withanage Sun Nov 10, 2024 6:56 pm

» PEOPLE'S LEASING BUYING SIGNAL Target Price 19 ..PLEASE KEEP EYE ON THIS..
by nilantha suranga Sun Nov 10, 2024 9:16 am

» Peoples leasing technically positive Target Price Rs 20
by Shiranli Sun Nov 10, 2024 7:43 am

» Quarterly Research Updates (Sep 2024)
by God Father Sun Nov 10, 2024 7:42 am

» Peoples Leasing....!!! whts the target?
by rajithasahan Sun Nov 10, 2024 7:35 am

» PEOPLE'S LEASING & FINANCE PLC
by mafasmunaseer Sun Nov 10, 2024 12:45 am

CONTRIBUTE
Submit Post

START NEW TOPIC

SHARE LATEST NEWS

ADD EXPERT ARTICLE New

වංශකථාවක් සිංහලෙන් ලියන්න

ADD ECONOMIC UPDATE New

ADD YOUTUBE VIDEO New

SEARCH COMPANIES

REGISTER FREE

ADMIN HELP

INTRODUCE YOURSELF New

ASK A QUESTION
LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US

Send your suggestions and comments

* - required fields
Read FINANCIAL CHRONICLE™ Disclaimer


EXPERT CHRONICLE™

RECOMMENDATIONS

SHARES TO BUY Hot

SHARES TO SELL

SHARES TO HOLD

SHARES TO AVOID

UNDERVALUED SHARES

BLUE CHIPS

SMALL CAPS

PENNY STOCKS

TOP 10 DIVIDEND STOCKS New

LERAN TO TRADE New

MY SHARE PORTFOLIO
MARKET SENTIMENTS & PREDICTIONS
SENTIMENTS»

CHRONICLE™ INDEX New

BULLISH SENTIMENTS

BEARISH SENTIMENTS

PREDICTIONS»

MARKET TOMMORROW Hot

TELLER'S PREDICTIONS

MAHARAJA'S ADVICE Hot

KARUNA'S CHOICE

PLAYER'S PICK OF THE DAY

MALTHA MALINA EXCLUSIVE

කොටස් වෙළඳපොළ2020

OPINION OF IMTIAZ BUHARDEEN

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » FUTURE WINNING STOCKS AT BOTTOM LEVEL

FUTURE WINNING STOCKS AT BOTTOM LEVEL

5 posters

Go down  Message [Page 1 of 1]

1FUTURE WINNING STOCKS AT BOTTOM LEVEL Empty FUTURE WINNING STOCKS AT BOTTOM LEVEL Fri Oct 12, 2018 7:18 am

Yahapalanaya

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

EPS      NAV      P/B       P/E    Current price

CDB     24.5      139       0.57     3.25     83

VFIN     17.8      78        0.88     3.85     65

REXP    47.3      117       1.52     3.76    175

HEXP    20.5      105       0.65     3.32     68

ACL      2.8         87        0.49     15.3     38

CIND    4.4         67        0.43     6.47     26

If you have above in your PF, You will be Very Happy Very Happy Very Happy  in future. Otherwise invest in negombo fish market with Maharajah.

soileconomy

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

Bottom???

EquityChamp

EquityChamp
Moderator
Moderator

There is sense in this logic. However we need to make provisions for the future possible risks as well.

4FUTURE WINNING STOCKS AT BOTTOM LEVEL Empty Re: FUTURE WINNING STOCKS AT BOTTOM LEVEL Sat Oct 13, 2018 11:04 am

janith123


Senior Equity Analytic
Senior Equity Analytic

We cant,still predict what,is the bottom ?
I recommend dont buy now .furthur market will be collapsed.
Small upwards movements may be there but trend would be negative.
Market indices shows the outlook of future economy. It is wise to keep away from market or dont go to avarage ur cost.

samaritan


Moderator
Moderator

janith123 wrote:We cant,still predict what,is the bottom ?
I recommend dont buy now .furthur market will be collapsed.
Small upwards movements may be there but trend would be negative.
Market indices shows the outlook of future economy. It is wise to keep away from market or dont go to avarage ur cost.
It seems its a topless & bottomless market!

Yahapalanaya

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

[size=48]Nimal returns to stock market
[/size]

[size]



Comments / FUTURE WINNING STOCKS AT BOTTOM LEVEL V-icon4 3350 Views / Monday, 15 October 2018 01:11
 4  249[/size]



  • Says has invested over Rs. 2 b in accumulating blue chips going at bargain

  • Responsible for bulk of purchases of HNB shares last week; picks up Sampath Bank, JKH, Aitken Spence among others 

  • Most purchases from exiting foreign investors

  • Insists best time to buy fundamentally sound stocks given low prices

  • New investments mostly self-financed 

  • Recently sold his 35-room Tangalle resort for $ 2.5 m to Singaporean billionaire Ong Beng Seng



 

[size=24]By Nisthar Cassim



High net worth investor Nimal Perera is back in the Colombo stock market having invested over Rs. 2 billion in recent months, accumulating mostly blue chips that are trading at a bargain.FUTURE WINNING STOCKS AT BOTTOM LEVEL Image_d8544d7245

Year-to-date the All Share Index (ASI) is down 9% and the more active S&P Sri Lanka 20 Index has dipped 20% and foreigners have been net sellers to the tune of Rs. 6.6 billion. 

For Nimal and the smarter investors, the setting and statistics are perfect. 

“Given the low prices, especially that of fundamentally sound stocks including blue chips, this is the ideal time to buy,” insists Nimal, who is synonymous with stock market investments through which he has also drawn criticism from certain quarters.


Until a few months ago he had been on the sidelines assessing the market conditions and also diverting his attention to the Government bond market. 

With foreigner funds exiting Colombo equities partly due to redemptions among other factors, Nimal has been busy. 

“I have invested around over Rs. 2 billion during the past few months. Valuations in terms of price to book value are very attractive. I see medium to long-term value in some of the stocks hence I have been collecting, some from foreign funds who are selling out,” Nimal told the Daily FT. “I am largely bullish on the banking sector as well as diversified stocks,” he added. 

Last week he bought bulk (1 million) of the 1.36 million HNB shares traded for Rs. 273 million and he was also on the buying side of Sampath Bank which saw 1.4 million shares traded for Rs. 330 million.


HNB topped the list of net foreign sales last week (Rs. 258 million).

As of now Nimal holds 1.7 million HNB shares, having collected at prices between Rs. 215 and Rs. 200 and 2.5 million shares of Sampath Bank picked up at between Rs. 260 and Rs. 225 per share.


Nimal has also bought 1.5 million shares of JKH at Rs. 135 each and 1.5 million of Aitken Spence in addition to 3 million Expolanka Holdings shares. Among his portfolio are 1 million shares of Seylan Bank bought at Rs. 72.50 each, 2 million shares of Asian Hotels at Rs. 35 each, 2 million shares of Tokyo Cement, 1.5 million shares of Access Engineering, half a million shares of Chevron Lubricants Lanka at Rs. 65 each and 7 million of Asia Asset Finance. 

At last week’s CSE-SEC-organised roadshows in London and Edinburgh, LYNEAR Wealth Management Managing Director Dr. Naveen Gunawardane told investors present that for the first time since 2009 most banks were trading below their book value hence they remained attractive. The Price Earnings Ratio of nine times also makes the Colombo stock market more attractive than its regional or frontier market peers.


Nimal says the bulk of his investments are self-funded and a few on margin facilities. Recently he sold his 35-room beach resort in Tangalle for $ 2.5 million to Singaporean billionaire businessman and founder of the Singapore-based organisation Hotel Properties Ong Beng Seng. In December 2017, Nimal sold his entire stake of 97% in Mercantile Produce Brokers for Rs. 1 billion after having bought it for Rs. 250 million in 2014.

The acquisitions are via his fully-owned venture capital and private equity firm NP Capital which has invested in a digital disruption startup Arimak Ltd. and newly-created ceramics and aluminium trading company Dunimac Ltd., with a showroom in Nawala. 
 
[/size]




Share This Article

     

Sponsored content



Back to top  Message [Page 1 of 1]

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » FUTURE WINNING STOCKS AT BOTTOM LEVEL

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