Blue Chip Companies

What about BIL

chamith wrote:VONE. - That was easy as there were only 3 possibilities.
But If you take the whole of CSE and the newly introduced IPOs, i think VONE, SHL, EXPO leads.

EXPO -
I haven't done much research on this but it seems that they were unable to meet the projected growth.

SHL -
All what they did with IPO money was buying AAIc for a very high price. But when their new hospitals / hotel in operation in few years, SHL would show its colours.

VONE -
Good management, All the companies are in the growth stage. Looking forward for the performance of Delmage / and the new hotel. Still they might have a big "Loss in trade" loss when the next financials come as most of its subsidiaries' s market price has gone down.

I did mean the whole of cse , not from the 3 i mentioned

I feel it is LOLC , in the short run they will suffer due to debt but very good management in the board , if they can pay back the loans with the cash flow generated from business this will be bigger than most blue chips

I don't recognize VONE and SHL as diversifieds...

If people and banks gave me billions of rupees to buy interests in other companies, then I could also be a diversified.

VONE is more a holding company with only one organic venture; "greener waters" - the subsidiary that is building that big hotel in Negombo.

You can't compare it to JKH, SPEN, HAYL, HHL, and EXPO which have built businesses ground up, started new joint ventures and taken over companies... VONE is an investment holding company at best..showing associated pofits. And what have poor shareholders got for investing in Vone? Dividend? Capital Gain?...nonsense...

LOLC is a good bet on being a proper diversified company. They already moved to become an investment holding company. They are extremely cash rich and operate profitable businesses. I'm sad that with all those profits, no dividends or returns to shareholders except a stock split... So its hard to recognise them as well until they become investor friendly.

What about PAP? Blue chip company doesn't really need to be a diversified one, isn't it!!!! A company with development/epanding potential would be ideal.....

raa wrote:I don't recognize VONE and SHL as diversifieds...

If people and banks gave me billions of rupees to buy interests in other companies, then I could also be a diversified.

VONE is more a holding company with only one organic venture; "greener waters" - the subsidiary that is building that big hotel in Negombo.

You can't compare it to JKH, SPEN, HAYL, HHL, and EXPO which have built businesses ground up, started new joint ventures and taken over companies... VONE is an investment holding company at best..showing associated pofits. And what have poor shareholders got for investing in Vone? Dividend? Capital Gain?...nonsense...

LOLC is a good bet on being a proper diversified company. They already moved to become an investment holding company. They are extremely cash rich and operate profitable businesses. I'm sad that with all those profits, no dividends or returns to shareholders except a stock split... So its hard to recognise them as well until they become investor friendly.

We are considering about the emerging companies, so i don't think JKH, HAYL, HHL, SPEN could come in here isn't it!!! They are already well Established companies.

SHL and EXPO are well diversified. SHL is always on the look out for diversification...........

ccsentha wrote:What would you consider as an emerging blue chip company? In other words which companies could be come the next JKB? could it be FLCH or PAP or VONE??

Investing in blue chip companies is easy, but finding the future blue chip could be a bit tricky

we have to find the FLCH future prosepcuts... they have confim many ..eco tourism,Shoping complex in Borella.. but came with out nothing so far...so i am little worried about this ...

For me it is VONE... they have several growing companies aggressively managed by dynamic board of directors..

What are the blue chip companies in CSE?

JKH, what else?

COMB, BUKI, CTC

is SAMP?

So we have
1) JKH
2) COM
3) BUKI
4) CTC
5) SAMP(is it?)

any thing else?? if we can put together a complete list, it would be helpful for the new investors to make value investing.

what else friends??

What about HAYL, SPEN ?

ccsentha wrote:What are the blue chip companies in CSE?

All 25 companies in MPI are considered blue chips and this list is updated quarterly.
Go to CSE -> Listed companies -> Sectors -> Select MPI

Dileepa wrote:

ccsentha wrote:What are the blue chip companies in CSE?

All 25 companies in MPI are considered blue chips and this list is updated quarterly.
Go to CSE -> Listed companies -> Sectors -> Select MPI

I do not think so.If it is true GREG is also a blue chip

Whitebull wrote:

Dileepa wrote:

ccsentha wrote:What are the blue chip companies in CSE?

All 25 companies in MPI are considered blue chips and this list is updated quarterly.
Go to CSE -> Listed companies -> Sectors -> Select MPI

I do not think so.If it is true GREG is also a blue chip

Yes GREG is a blue chip, apparently it is the best company in Investment Trust sector.
If you are not considering the sectors, then ‘Asia Wealth Research’s Billion Rupee Club' is your next choice.
This list also update on quarterly basis. Look Asia Sec. Weekly review for the list.

Dileepa wrote:

Whitebull wrote:

Dileepa wrote:

ccsentha wrote:What are the blue chip companies in CSE?

All 25 companies in MPI are considered blue chips and this list is updated quarterly.
Go to CSE -> Listed companies -> Sectors -> Select MPI

I do not think so.If it is true GREG is also a blue chip

Yes GREG is a blue chip, apparently it is the best company in Investment Trust sector.
If you are not considering the sectors, then ‘Asia Wealth Research’s Billion Rupee Club' is your next choice.
This list also update on quarterly basis. Look Asia Sec. Weekly review for the list.

Here is a definition for a blue chip company from well - recognised site.If you realy think GREG carries those features of a blue chip....May God bless you.

Definition of 'Blue Chip'
A nationally recognized, well-established and financially sound company. Blue chips generally sell high-quality, widely accepted products and services. Blue chip companies are known to weather downturns and operate profitably in the face of adverse economic conditions, which helps to contribute to their long record of stable and reliable growth.

Investopedia explains 'Blue Chip'
The name "blue chip" came about because in the game of poker the blue chips have the highest value.

Blue chip stocks are seen as a less volatile investment than owning shares in companies without blue chip status because blue chips have an institutional status in the economy. Investors may buy blue chip companies to provide steady growth in their portfolios. The stock price of a blue chip usually closely follows the S&P 500.

Read more: http://www.investopedia.com/terms/b/bluechip.asp#ixzz1y9o0ewMA

Dileepa wrote:

ccsentha wrote:What are the blue chip companies in CSE?

All 25 companies in MPI are considered blue chips and this list is updated quarterly.
Go to CSE -> Listed companies -> Sectors -> Select MPI

Nop, not so. If you go by that VONE, FLCH are blue ships.

Mate would you call FLCH & VONE as blue chips? FLCH made loss the quarter before. They came public just an year ago.

Blu chip means companies which have proved that they make good profits even in difficult times. these companies have a good track record. They are proven material.

VONE began their business very recently and flch little while back.

ccsentha wrote:

Dileepa wrote:

ccsentha wrote:What are the blue chip companies in CSE?

All 25 companies in MPI are considered blue chips and this list is updated quarterly.
Go to CSE -> Listed companies -> Sectors -> Select MPI

Nop, not so. If you go by that VONE, FLCH are blue ships.

Mate would you call FLCH & VONE as blue chips? FLCH made loss the quarter before. They came public just an year ago.

Blu chip means companies which have proved that they make good profits even in difficult times. these companies have a good track record. They are proven material.

VONE began their business very recently and flch little while back.

Did you try your investment adviser on this?

I do not ask the investment adviser for any investment tips

Definition of 'Blue Chip' (by Investopedia)
A nationally recognized, well-established and financially sound company. Blue chips generally sell high-quality, widely accepted products and services. Blue chip companies are known to weather downturns and operate profitably in the face of adverse economic conditions, which helps to contribute to their long record of stable and reliable growth.

In my view, the bluest of our Blue Chips are: JKH, COMB & SPEN.

why they buying?

how can JKH be justified at 240???

and many more getting overvalued as i feel.

Market Sucker wrote:why they buying?

how can JKH be justified at 240???

and many more getting overvalued as i feel.

The overall market is trading at a P/E Ratio of 11.4.

John Keells Holdings (JKH), the foreign investor's favorite company, is trading at a P/E Ratio of 18.4...
Surely the 61% premium is justified due to the company's growth potential and the share's liquidity..? Or is it?

Antonym wrote:

Market Sucker wrote:why they buying?

how can JKH be justified at 240???

and many more getting overvalued as i feel.

The overall market is trading at a P/E Ratio of 11.4.

John Keells Holdings (JKH), the foreign investor's favorite company, is trading at a P/E Ratio of 18.4...
Surely the 61% premium is justified due to the company's growth potential and the share's liquidity..? Or is it?

I think its no its not.. JKH is a bit overvalued for its potential, at this prize we're paying a premium to own a minority and its not justifiable unless they have hefty plans on how the business will be in next couple of years. Its already passed the "Growth" stage imo.. so sustaining in this troubled economic period will be their buzz word.

I think those who are seeking to purchase this share @ 240Rs based on financial fundamentals are paying a big price......

For the chartists/technical traders this is giving an opportunity to make some killing .....

JKH is overvalued, no two words about it. The question is, will the buying continue? If it does then it doesnt matter if its overvalued or not. My opinion is it will run out soon if its foreign buying, last time JKH hit 230, foreign buyers sold out as it hit their exit p/e ratio targets and fell to 200 or so. Now its up past 240. Maybe 250 will be the inflection point? I'm p1ssed off as I exited half my holding at 234!

I would watch this fund carefully.

Look at the lankan composition of the fund

http://www.ruffer.co.uk/cmsfiles/reports/RPF_Monthly_report.pdf

rainmaker wrote:I would watch this fund carefully.

Look at the lankan composition of the fund

http://www.ruffer.co.uk/cmsfiles/reports/RPF_Monthly_report.pdf

Did a rough calc and they have c.LKR850m in JKH which is small, around 3.7m shares. Is there a way to access their previous months reports? Can check of they have been adding JKH over the period or if the hilding is stable.