FLCH trading at 3.90.. Can any of you name a more lucrative share?

ashlee

ashlee

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This is an absolute bargain.. When it was trading at 4.70 many of us thought it would not go down below the pp price but it came down and settled in 4.50.. Afterwards it came down further and today it was trading at 3.90-4.00..
In my view, this the best counter in the current market considering their NAVPS.. Even their EPS justifies this price.. Their diversified business interests can help them come out with better financials.. I think we can expect something close 100% gain in the long run ( 1 to 2 years)..
FLCH is the only diversified company which is trading at such low levels.. I think this will pick up as the market turns normal..

This is not a buy recommendation although the topic might seem tempting.. Please do you own research before buying and do share your vlauable views..

thambi

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i agree completely even RICH looks like a bargain (could go a bit further down i feel) however i feel shares like these are already bargains and could be bought for mid term and are the only few shares i or many others would recommend buying right now

StocksWatch

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It may the traders who are activating their stop-loss positions that cause the price to fall this much. Anyone selling at this price is certainly making losses so I wouldn't expect investors to be involved.

gann

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StocksWatch wrote:It may the traders who are activating their stop-loss positions that cause the price to fall this much. Anyone selling at this price is certainly making losses so I wouldn't expect investors to be involved.

traders would not buy when the stock trend downwards. they buy only when stocks trend up. this is pure panic selling if you ask me.

amibroker

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Why FLCH and RICH are going down ? Is it because their exposure to plantations ? If so, will these two counters go further down ?

lbnnirmal

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Wt expert thinks about FLCH at 3.90 price will it be worth-full to invest in there .???

econ

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FLCH has navps 4.61 .. IPO price 5, private placement 4.70 .. so 3.90 is really attractive price. however better to wait whether it is further go down. I also put a buy order at 4. but canceled because I realize that i can buy it further low

lbnnirmal

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econ wrote:FLCH has navps 4.61 .. IPO price 5, private placement 4.70 .. so 3.90 is really attractive price. however better to wait whether it is further go down. I also put a buy order at 4. but canceled because I realize that i can buy it further low

Thnx bro 4 ur ideas I'm also feeling that it may go down further with the current market situation so lets wait and see Smile

Jude

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SIRA at current prices is good for medium trading

lbnnirmal

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Jude wrote:SIRA at current prices is good for medium trading

Hw about the fundamental value of SIRA ?? do u have idea about it?

mmansoor

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why have directors if flch sold large quantities.. i personally do not understand why they would sell if its a good buy... just a thought

ashlee

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They would have sold before the market goes down so that they can collect at lesser prices.. None of the directors sold at a loss. Their sellings ranged from 4.90-5.10 if I am not mistaken.. The PP price was 4.70.. People like Nanayakkara and Devasurendra know everything about the market.. They surely would have known that there could be a market crash so they exited..

Marketinvest

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Will be able to collect it at 3.5

Chabbi

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ashlee wrote:This is an absolute bargain.. When it was trading at 4.70 many of us thought it would not go down below the pp price but it came down and settled in 4.50.. Afterwards it came down further and today it was trading at 3.90-4.00..
In my view, this the best counter in the current market considering their NAVPS.. Even their EPS justifies this price.. Their diversified business interests can help them come out with better financials.. I think we can expect something close 100% gain in the long run ( 1 to 2 years)..
FLCH is the only diversified company which is trading at such low levels.. I think this will pick up as the market turns normal..

This is not a buy recommendation although the topic might seem tempting.. Please do you own research before buying and do share your vlauable views..

thumbs up bro...

I too believe that FLCH is will be great investment & Very low risky investment in long term horizon.

I think after 2 years we can expect something better than what we think abt FLCH ...

I bought FLCH @ Twice @ 4.7 & 4.5 ... still will buy if it reach 3.7 is my next entry Smile

unless i will happy with my Qty within Hand for nxt 2 years Smile

factFINDER

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If FLCH will remain trade 3.80-4.10 range, there will be BIG negative impact to Secondary Market trading Browns Investment Ltd to be commenced soon.

FLCH is a joint controlled entity of Browns Investment Ltd which concluded its IPO recently and yet to started secondary market trading soon.

stumpy

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factFINDER wrote:If FLCH will remain trade 3.80-4.10 range, there will be BIG negative impact to Secondary Market trading Browns Investment Ltd to be commenced soon.

FLCH is a joint controlled entity of Browns Investment Ltd which concluded its IPO recently and yet to started secondary market trading soon.

I second this! BINV ~ FLCH!
I expect a move b4 BINV come to the market!
But still there's no any sign!

I never collect stocks which r in a downtrend. Wink

ashlee

ashlee

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I believe we should start collecting in small quantities rather than waiting for an uptrend.. Uptrends in the current market is a bit tricky.. We see stocks going up and we think the market is recovering but in reality it is something artificial..

To see a real uptrend, we will have to monitor atleast 3 days of continous uptrend in the overall market.. Since the prices are lower than expected, when the market gets some momentum, it can shoot up so we will have to just sit back and sigh that we missed a real opportunity to buy FLCH at 3.80..Same thing happend to me in 2009 during the credit crunch.. I waited till the market picks up but it recovered soo fast that within couple of days most of the stocks had a gain of something around 10%...So my strategy would be to collect when it is at these prices..

stumpy

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ashlee wrote:Same thing happend to me in 2009 during the credit crunch.. I waited till the market picks up but it recovered soo fast that within couple of days most of the stocks had a gain of something around 10%...

you're lucky if it's 10%, some shares went more than 100% within few days!

ashlee

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Thats true but I do not think FLCH will have such a strong movement.. I think it will come to 5 when the market picks up and then it will go up from there in the long run..

stumpy

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ashlee wrote:Thats true but I do not think FLCH will have such a strong movement.. I think it will come to 5 when the market picks up and then it will go up from there in the long run..

Ash!

I'm talking abt 2009 Razz

player

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intelligent players already exit at good prices when others bought thinking that those are at bargain,but truth was those were at peaks when they buying,
and they now collect at bargain Very Happy

without panic,in little by little without putting big orders and without letting others to realize that there is a collection going on. Wink

to me still some counters are at peaks Rolling Eyes

ashlee

ashlee

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stumpy wrote:

ashlee wrote:Thats true but I do not think FLCH will have such a strong movement.. I think it will come to 5 when the market picks up and then it will go up from there in the long run..

Ash!

I'm talking abt 2009

Oh yehh

.. It kills me when I think that I wasnt given the 6th sense to buy HDFC at 68 in 2009.. Mad

Since I startted investing, that was the best time people made profits.. I think we see another such opportunity.. Prices of some shares look too attractive.. When we all fuss about stock prices being so low, there is a segment who happily collect.. They will be the real winners in the future.

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FLCH trading at 3.90.. Can any of you name a more lucrative share?

1 FLCH trading at 3.90.. Can any of you name a more lucrative share? Mon Jul 11, 2011 8:27 pm

ashlee

2 Re: FLCH trading at 3.90.. Can any of you name a more lucrative share? Mon Jul 11, 2011 8:50 pm

thambi

3 Re: FLCH trading at 3.90.. Can any of you name a more lucrative share? Mon Jul 11, 2011 8:57 pm

StocksWatch

4 Re: FLCH trading at 3.90.. Can any of you name a more lucrative share? Mon Jul 11, 2011 10:00 pm

gann

5 Re: FLCH trading at 3.90.. Can any of you name a more lucrative share? Mon Jul 11, 2011 11:10 pm

amibroker

6 Re: FLCH trading at 3.90.. Can any of you name a more lucrative share? Mon Jul 11, 2011 11:19 pm

lbnnirmal

7 Re: FLCH trading at 3.90.. Can any of you name a more lucrative share? Tue Jul 12, 2011 3:12 am

econ

8 Re: FLCH trading at 3.90.. Can any of you name a more lucrative share? Tue Jul 12, 2011 5:58 am

lbnnirmal

9 Re: FLCH trading at 3.90.. Can any of you name a more lucrative share? Tue Jul 12, 2011 8:33 am

Jude

10 Re: FLCH trading at 3.90.. Can any of you name a more lucrative share? Tue Jul 12, 2011 8:43 am

lbnnirmal

11 Re: FLCH trading at 3.90.. Can any of you name a more lucrative share? Tue Jul 12, 2011 9:59 am

mmansoor

12 Re: FLCH trading at 3.90.. Can any of you name a more lucrative share? Sun Jul 17, 2011 12:30 am

ashlee

13 Re: FLCH trading at 3.90.. Can any of you name a more lucrative share? Sun Jul 17, 2011 1:09 am

Marketinvest

14 Re: FLCH trading at 3.90.. Can any of you name a more lucrative share? Sun Jul 17, 2011 1:41 am

Chabbi

15 Re: FLCH trading at 3.90.. Can any of you name a more lucrative share? Sun Jul 17, 2011 11:07 am

factFINDER

16 Re: FLCH trading at 3.90.. Can any of you name a more lucrative share? Sun Jul 17, 2011 11:12 am

stumpy

17 Re: FLCH trading at 3.90.. Can any of you name a more lucrative share? Sun Jul 17, 2011 9:34 pm

ashlee

18 Re: FLCH trading at 3.90.. Can any of you name a more lucrative share? Sun Jul 17, 2011 10:07 pm

stumpy

19 Re: FLCH trading at 3.90.. Can any of you name a more lucrative share? Sun Jul 17, 2011 10:10 pm

ashlee

20 Re: FLCH trading at 3.90.. Can any of you name a more lucrative share? Sun Jul 17, 2011 10:16 pm

stumpy

21 Re: FLCH trading at 3.90.. Can any of you name a more lucrative share? Sun Jul 17, 2011 10:36 pm

player

22 Re: FLCH trading at 3.90.. Can any of you name a more lucrative share? Mon Jul 18, 2011 12:15 am

ashlee

23 Re: FLCH trading at 3.90.. Can any of you name a more lucrative share?

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