Blue Chip Companies

NewInvestor · 41 Re: Blue Chip Companies Tue Jun 19, 2012 8:50 am

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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? Smile

ccsentha · 42 Re: Blue Chip Companies Tue Jun 19, 2012 8:47 pm

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I do not ask the investment adviser for any investment tips

Antonym · 43 Re: Blue Chip Companies Tue Jun 19, 2012 11:34 pm

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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.

Market Sucker · 44 Blue chips are overvalued? Mon Mar 18, 2013 8:30 pm

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why they buying?

how can JKH be justified at 240???

and many more getting overvalued as i feel.

Antonym · 45 Re: Blue Chip Companies Mon Mar 18, 2013 11:08 pm

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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?

smallville · 46 Re: Blue Chip Companies Tue Mar 19, 2013 10:16 am

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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.

traderathome · 47 Re: Blue Chip Companies Tue Mar 19, 2013 11:03 am

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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 ..... Basketball

raptor · 48 Re: Blue Chip Companies Tue Mar 19, 2013 11:10 am

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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!

rainmaker · 49 Re: Blue Chip Companies Tue Mar 19, 2013 12:48 pm

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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

raptor · 50 Re: Blue Chip Companies Tue Mar 19, 2013 12:56 pm

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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.

rainmaker · 51 Re: Blue Chip Companies Tue Mar 19, 2013 1:03 pm

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To bet 10% of the fund (186 million pounds) in lankan equities requires serious Basketball

if you get what I mean. Especially after burning your fingers on PAP.

The composition larger than the lankan one is cash (15%) and HK securities (20%),

raptor · 52 Re: Blue Chip Companies Tue Mar 19, 2013 1:06 pm

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I did notice the 10%, same as China and only smaller than HK. Wonder what else they have their fingers in. They have c.25% of their LK allocation in JKH, bet the rest is in Banks and maybe a punt at PLC.

Anyway to see their previous reports?

stocks hunter · 53 Foreigners are purchasing Blue Chips Tue Jul 16, 2013 7:44 pm

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If u take last couple of weeks foreigners were very busy in purchasing most valuable shares in the mkt. To name JKH,SAMP,HNB,COMB,LLUB,VONE,NDB etc.

We are talking nonsense about Gold drama, Right issues, over valuations, economic issues, Godahewa fiasco, Dr.senthrivel etc, etc. But nobody notice the bargain prices of these shares. Just see the foreign purchases list.

When are we going to learn this?

Redbulls · 54 Re: Blue Chip Companies Tue Jul 16, 2013 7:51 pm

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Even we were talking about top 20 billionaire list also.

Harry82 · 55 Re: Blue Chip Companies Tue Jul 16, 2013 8:07 pm

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today they bought SAMP, JKH

bullrun · 56 Re: Blue Chip Companies Tue Jul 16, 2013 10:07 pm

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stocks hunter wrote:If u take last couple of weeks foreigners were very busy in purchasing most valuable shares in the mkt. To name JKH,SAMP,HNB,COMB,LLUB,VONE,NDB etc.

We are talking nonsense about Gold drama, Right issues, over valuations, economic issues, Godahewa fiasco, Dr.senthrivel etc, etc. But nobody notice the bargain prices of these shares. Just see the foreign purchases list.

When are we going to learn this?

Add; 1. Rajapaksha Brothers, Government inability, malpractices too.

bullrun · 57 Re: Blue Chip Companies Tue Jul 16, 2013 10:10 pm

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By the way can anybody provide the details of purchases made by foreigners recently.

sandunj · 58 Re: Blue Chip Companies Tue Jul 16, 2013 10:12 pm

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After some days may be weeks today we can see a net foreign inflow and I feel it will be a good sign... What do you think guys?

bullrun · 59 Re: Blue Chip Companies Tue Jul 16, 2013 10:18 pm

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sandunj wrote:After some days may be weeks today we can see a net foreign inflow and I feel it will be a good sign... What do you think guys?

If my memory is correct almost everyday we had net inflow! Up to now we have received more than 15 bln net inflow!

sandunj · 60 Re: Blue Chip Companies Tue Jul 16, 2013 10:30 pm

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bullrun wrote:

sandunj wrote:After some days may be weeks today we can see a net foreign inflow and I feel it will be a good sign... What do you think guys?

If my memory is correct almost everyday we had net inflow! Up to now we have received more than 15 bln net inflow!

Bull
I meant last few days, I don't think foreigners were active in the market. There were very thin volumes traded and less turnovers in recent... But today they were active but not like one or two month back... But active and gave some oxygen to very slow and low market...

VISA · 61 Re: Blue Chip Companies Tue Jul 16, 2013 10:41 pm

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Is these chinese this quick? Can't be ?

http://www.lbt.lk/news/business/4942-china-highland-capital-management-to-enter-sri-lanka

Humble · 62 Re: Blue Chip Companies Tue Jul 16, 2013 10:44 pm

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stocks hunter wrote:If u take last couple of weeks foreigners were very busy in purchasing most valuable shares in the mkt. To name JKH,SAMP,HNB,COMB,LLUB,VONE,NDB etc.

We are talking nonsense about Gold drama, Right issues, over valuations, economic issues, Godahewa fiasco, Dr.senthrivel etc, etc. But nobody notice the bargain prices of these shares. Just see the foreign purchases list.

When are we going to learn this?

Now is the time to collect! COMB, CSD, TJL, NDB, LLUB, JKH - best 6 shares to buy!

sriranga · 63 Over Rs. 600 m net foreign inflows in two days Wed Jul 17, 2013 12:34 am

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Despite bearish local sentiments in the Colombo Bourse, it has drawn over Rs. 600 million in net foreign inflow this week. Yesterday’s inflow was Rs. 420.5 million whilst on Monday it amounted to Rs. 260.4 million. The year-to-date inflow once again moved back to Rs. 16 billion mark finishing at Rs. 16.3 billion yesterday.
Foreigners have been focusing on blue chips such as JKH, Dialog and select banking stock.
http://www.ft.lk/2013/07/17/over-rs-600-m-net-foreign-inflows-in-two-days/

smayadunne · 64 Re: Blue Chip Companies Thu Apr 24, 2014 2:17 pm

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Actually,

Does Sri Lanka Have Blue chip companies when compare with other counties ?

FLOWER2 · 65 Re: Blue Chip Companies Thu Apr 24, 2014 2:30 pm

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Few weeks ago I posted my possible high performers as follows.. There are some blue chips. Hoping to do more research on few more stocks before doing anything and building portfolio.

Banking and Finance

COMB, DFCC, CFIN, MBSL, PLC and PMB

Food and Beverages

TAFL, DIST, BFL, TSML, CTEA, RAL

Plantations

TPL, MASK, BOPL, MPRH, UDPL, MADU and BALA

Motors

UML

Construction and Engineering

DOCK

Chemicals

CHMX, HAYC, CIC

Diversify

SPEN, JFIN, SUN, SHL, FLCH

Hotels

AHUN, CHOT

Footwear and Textiles

MGT

Trading

CTBL, RWSL, SINS

Healthcare

LHCL, ASIR

Power and Energy

LGL,VPEL

Telecom

SLTL

Manufacturing

GRAN, REXP, REG, KCAB,SIRA

ravindu93 · 66 Blue Chip Companies Mon Apr 16, 2018 5:54 am

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What are the top blue chip companies in the market?

EquityChamp · 67 Re: Blue Chip Companies Mon Apr 16, 2018 1:58 pm

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In terms of which criterion you are referring into? Liquidity, dividend, profitability, price appreciation, etc? There are lot of areas for this question to look at.

ravindu93 · 68 Re: Blue Chip Companies Mon Apr 16, 2018 2:13 pm

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In terms of long term profitability (say in 3 years)?. Good dividends is an added benefit.

EquityChamp · 69 Re: Blue Chip Companies Mon Apr 16, 2018 3:26 pm

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From financial sector I can recommend Sampath, HNB, Commercial, Vallible Finance, Centra Finance, DFCC

Insurance - HNB Assurance, AIA, Union Assurance, Arpico Insurance, People Insurance

F& B - Cargills, Three Acre Farms, Cold Stores

Diversified - JKH, Hemas, Richard Pieris

Manufacturing - All tile companies, Tokyo, Teejay, Alumex, Swisstek

Power - Lanka IOC, Vallible Power

Plantations - Malwatte, Lankem Developments, Hatten Plantations, Watawala, Elpitiya, Talawakelle

Hope this is enough for you

ravindu93 · 70 Re: Blue Chip Companies Mon Apr 16, 2018 6:22 pm

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thanks a lot my friend. your knowledge sharing is very much appreciated

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Blue Chip Companies

41 Re: Blue Chip Companies Tue Jun 19, 2012 8:50 am

NewInvestor

42 Re: Blue Chip Companies Tue Jun 19, 2012 8:47 pm

ccsentha

43 Re: Blue Chip Companies Tue Jun 19, 2012 11:34 pm

Antonym

44 Blue chips are overvalued? Mon Mar 18, 2013 8:30 pm

Market Sucker

45 Re: Blue Chip Companies Mon Mar 18, 2013 11:08 pm

Antonym

46 Re: Blue Chip Companies Tue Mar 19, 2013 10:16 am

smallville

47 Re: Blue Chip Companies Tue Mar 19, 2013 11:03 am

traderathome

48 Re: Blue Chip Companies Tue Mar 19, 2013 11:10 am

raptor

49 Re: Blue Chip Companies Tue Mar 19, 2013 12:48 pm

rainmaker

50 Re: Blue Chip Companies Tue Mar 19, 2013 12:56 pm

raptor

51 Re: Blue Chip Companies Tue Mar 19, 2013 1:03 pm

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52 Re: Blue Chip Companies Tue Mar 19, 2013 1:06 pm

raptor

53 Foreigners are purchasing Blue Chips Tue Jul 16, 2013 7:44 pm

stocks hunter

54 Re: Blue Chip Companies Tue Jul 16, 2013 7:51 pm

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55 Re: Blue Chip Companies Tue Jul 16, 2013 8:07 pm

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56 Re: Blue Chip Companies Tue Jul 16, 2013 10:07 pm

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57 Re: Blue Chip Companies Tue Jul 16, 2013 10:10 pm

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62 Re: Blue Chip Companies Tue Jul 16, 2013 10:44 pm

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