Switch between our dark and light theme.
see posts from by tagged as
Recent » posts replies

Stocks
DOCK, Colombo Dockyard Ltd

259.8 LKR up 3.30 or 1.3% chg. 6,100 vol. 1,556,620 tnvr. 19 trades
Last traded 31 min ago

Mentioned in 13 posts...

  • [Updated] #BFL

  • Dear MW, Chinwi, Cse.see Iam planning on rotating stocks. PLase advice me ... #BFL #BALA #LOLC #DOCK #RICH #CFIN #lcey #NEH #Kgal #SPEN out of these stocks (other than ...
  • 3 replies, avatar 2 days ago posted by avatar, 2 days ago

  • [Updated] Where will you put your money during next 12 months?

  • Latest update: Some of my favorite picks are: # COMB, #BFL, #LFIN, #GRAN # SPEN, #DOCK, #DFCC, #CFIN, #SAMP and #HNB Reasons for my selection: Management, Future Growth, Abil...
  • 9 replies, MarketWatch 7 days ago posted by MarketWatch, 7 days ago

  • [Updated] #DOCK

  • I bought DOCKS @ 300.00 is it worth to keep or sell out?
  • 3 replies, majestic 19 May 10 posted by kokul, 19 May 10

  • [Updated] #DOCK ROCKS

  • DOCK has posted good results for the 3Q aswell.
  • 2 replies, MarketWatch 13 Nov 09 posted by sratna, 13 Nov 09

  • [Updated] Accumulation on #SAMP and #DOCK?

  • hey guys. i saw some large packets being traded on SAMP and DOCK. SAMP had 3 large packets of 50,000 each @ 188 LKR (Traded at the high for the time) and DOCK had one packet of 40,...
  • 6 replies, rehan 1 Nov 09 posted by rehan, 29 Oct 09

  • [Updated] #DOCK bucking the trend: a leader perhaps?

  • Having seen the CSE close down over 2% I was surprised to see #DOCK move higher, up by 8.25 LKR to close at 181.50 after reaching a high of 185 LKR on a stronger than average volum...
  • 5 replies, MarketWatch 20 Oct 09 posted by rehan, 20 Oct 09

  • [Updated] #DOCK: News for concern?

  • Hey guys, Would appreciate your views based on the response given by #DOCK in question to an article published by the Sunday Leader. Thanks. Sunday Leader article "Colombo Do...
  • 1 replies, MarketWatch 18 Sep 09 posted by rehan, 17 Sep 09

and in 61 replies...

  • [Updated] wats Ur Best IPO reply from chinwi, 1 day ago
  • Long long time ago.....

    There was NDB IPO @ 50/- . They gave 500 share to all. It traded 200/- - 250/- 1st day . I think I sold my 500 @ 250/- (400% return)


    There was a 1:1 rights issue for DOCK @ 10/- per right. #DOCK was trading @ 30/- I think. I had 300 and got 300 rights to apply. I also applied 4000 additional rights paying 40,000.00. ( 40,000 was all the money I & my wife had at that time)

    As the share volume doubled with 1:1 issue, later I learnt many has refused to buy the right. . I was also thinking stop payment my cheque due to fear for my whole wealth, but 'foolishly' didn't do it at time.

    Issue expired and millions of rights were not subscribed. All were saying it will trade below 8. OMG ! my money !

    Later we learnt the Japanese shareholder decided to buy all the remaining shares.

    With this news share went to 25/- in one day.

    DOCK gone to Japanese management, withing 2 months share price went over 40.00. !

    I got all additional 4000 shares I applied @ 10/- and my 40,000/- became 160,000/- within 2 months. :-) I big amount for a young man at that time.
  • [Updated] Some of the Companie... reply from DoctorJV, 3 days ago
  • Thank you very much indeed, we already have got few stocks out of BUKI, this stock has already reached very high levels, what are the prospect for #KGAL and #DOCK. #LLUB seem to be stagnant at the moment LLUB might pickup momentum. #KGAL is affordable and there is lot of room for further improvement, and #DOCK claims a favorable position in court proceedings and they are in a favorable position in the internationally competitive business environment. It is always beneficial to have a healthy discussion on these developments.

    Thank you and best regards!
  • [Updated] CSE – possible break... reply from DoctorJV, 3 days ago
  • Please advice on #DOCK and #RCL

    http://srilankastockpicks.blogspot.com/2010/09/sri-lanka-dockyard-royal-ceramics-in.html

    DOCK seem to be picking up momentum. What are theposible barriers for next 3 months?
  • [Updated] Tourism, Ports and B... reply from DoctorJV, 4 days ago
  • #DOCK

    Would the investors go by news paper articles? Will they go by the outcome of court proceedings? What would be the ultimate deciding factor?

    Good Luck!
  • [Updated] Tourism, Ports and B... reply from DoctorJV, 4 days ago
  • DOCK seems to be in a better position according to their announcement made at the CSE. #DOCK has clarified their favorable position to the CSE through an announcement and the court proceeding seem to be in favor of Colombo Dock yards according to their latest discloser.
  • [Updated] Poultry or leasing ? reply from MarketWatch, 5 days ago
  • I always said we should go behind business that we know very well.
    If you are good in leasing you should go behind leasing stocks.
    In advanced I said there would be opportunity in leasing sector.
    Similarly, I saw great potential in poultry sector. BFL was my best choice and it is a number one tortoise plus stock available in the CSE.
    In short, I saw more potential in poultry group than leasing group.
    Remember people will always eat in good and bad times. In bad times, people will avoid leasing and credit.

    BFL is number on Food Company in Sri-Lanka now.

    More tourists, more developments in the country means there will be strong demand for poultry products in the future. In addition, Agri-business sector will become backbone of the economy in the future.

    In addition, we have to think about attractive value and growth potential in the current market.

    My tortoise plus stocks are not for short term trading, I

    Last year I mentioned stocks such as #SAMP, #DOCK, #LLUB and #AHUN as value gems and stock such as #BFL #HASU, #CHMX # DIPD, #MBSL and #NTB as hidden gems

    Even I mentioned stock such as #CFIN, #SPEN. #LFIN in advance. Now crowd is chasing those stocks. Therefore, we should go against the crowd now.
    Out of above stocks, my new markets’ value gem and growth gem is #BFL

    Good luck!
  • [Updated] Stocks to watch now:... reply from DoctorJV, 7 days ago
  • Thank you.
    Based on more or less the same reasons highlighted by MarketWatch.

    Current trend in the market
    Fundamentals
    New CSE regulations
    Future growth and earnings
    Tourism rebound
    Latest positive developments
    Hidden fixed assets will have to revalue for one company
    Business expansion
    New markets
    Innovative ideas
    New products
    New sub products
    Better cost control
    Other positive factors including less risk than in the past.
    Excellent financial ratios in some companies.
    These companies are making profits and they will make more and more profits in the future.
    Some will have biggest growth in their business life
    Lower interest rate
    The type of investors currently interested in the market.
    Current value of the stock
    And based on the economic situation in the country as well as the global interests our list of priority would be more or less the same. When we consider the development projects a well as promising prospects for tourism, ports, banks and construction sectors the new list could be slightly different.
    We presume following stocks would perform well from September onwards. Our current list would be slightly different from the list in July and August.

    #DFCC
    #SPEN
    #SAMP
    #DOCK
    #AHUN
    #OSEA
    #NTB
    #TKYO
    #JKH

    We largely agree with the list highlighted by MarketWatch. List is more or less the same.

    Thank you and best regards!
  • [Updated] Colombo Dockyard has... reply from DoctorJV, 20 days ago
  • Thank you regarding new information.
    #DOCK seems to be undervalued. There is lot of potential for future growth. DOCK was selling above 300 at one stage not so long ago. Please do some research on your own and decide.

    This was the list we discussed during the weekend. I would still stick to the same list.
    No sellers for #GUAR and #CINV
    As we discussed earlier during the weekend
    “If there are no sellers I would buy some of those shares next week. If they change the rules we can buy many other shares which were not available to buy. Is it a free market?
    BUKI
    NTB
    CARS
    CFLB
    DOCK
    JKH
    AHUN
    MULL
    NTB
    SEYB
    SPEN
    TKYO
    CIC
    if they change the rules we can buy many other shares which were not available for the buyers. Is it a free market? If we find it difficult to buy GUAR, CINV, CARS, BUKI group of stocks next week what can we do?
    • reply from Cashcow, 21 hours ago
    • Wait and see. Nothing else to do. cos people are not willing to sell those shares which they have right now under present situation!!! “

    Some of us could not buy BUKI, CARS, AHUN, and SPEN also today. All those shares have performed well as expected except SEYB. We cannot understand why SEYB performed well
  • [Updated] buying stocks reply from easymoney, 27 Jul 10
  • buy
    #SAMP
    #TKYO.X
    #SEYB.X
    #KHL
    #HHL
    #TILE
    #DOCK
    #JKH
    #AHUN
  • [Updated] CSE -ASI 5000 and be... reply from DoctorJV, 25 Jul 10
  • We find those strategies are useful and rational. As you mentioned in your post , “Remember we had great rally in stocks such as #HNB, #COMB, #SAMP, #DOCK, #NTB, #LLUB, #LINV, #SPEN, #HAYC, #PABC, #LFIN, #CFIN, #BFL, #COCO, #HASU, #CMAX, #HAYL, #AHUN” and we agree that all those STX performed well, at times under extremely difficult economic circumstance. Can we expect most of these fundamentally strong Stx to continue perform well in the next 2 to 3 years as well?
  • [Updated] What was your worst ... reply from lblankfein, 15 Jul 10
  • I have done lots of mistakes and few of them are as follows,

    I got #DOCK for 60 rupees in 2008, and sold it when it hit 180, currently it's near 300
    buying #SAMP for 80 and selling it 190, currently it's 350+
    buying #SEMB for 5.5 and selling 4.7 only to see it going to 15 rupees after few days.
    buying #HNB.X for 90 and selling it 88
  • [Updated] What is this market ... reply from MarketWatch, 11 Jul 10
  • A correction is a short-term price decline of 5% to 20% or so. Can you remember even we were having group, sector and stocks oriented correction and bull run time to time.

    Correction will come when none is prepared. Sometimes coercion will never come. Instead, we will have sector, group and stocks oriented bull markets and correcting time to time.

    Believe me this trend will continue until end of this year. It all depends on strong market players. Fear and greed will be there. Some people will speculate stocks prices will go up. Some people will speculate stocks will go down.

    What we should watch is whether companies are going to make attractive earnings in the future.

    In the recent past, we had correction for plantations group, ceramic group,, stocks such as #Greg, #DOCK, #HAYC, #LFIN , #DIAL. #PABC #LCEM, #hdfc #serv etc. After that stock such as #LFIN, KGAL, #KVAL, #PABC and SERV went up rapidly.

    Kgal went up to around Rs.80 and came back to Rs.65. Now it is trading around Rs.90. LFIN had so many correction. Now trading around Rs.135/. Kval came down below Rs.70 and now trading around Rs.105.

    I already said that in March some stock would have less than 5% correction. Some will have around 10%, few stocks will have more than 20% correction, some will go sideway and some will go up gradually and systematically like a tortoise. Those stocks, which had correction such as KGAL, LFIN, SERV and PABC, went up strongly. HHL stagnated for while and after that, it went up rapidly.

    Some stocks will have pullbacks time to time. After that, they will have strong breakouts.

    My MAIN current theme in the current market is:

    Buy the best stocks When independent analysts’ rank stocks as number 1 Strong Buys after doing careful study. These stocks should be undervalued stocks

    Sell the worst stocks when independent analysts rank stocks as Strong Sells after doing careful study. These stocks should be overvalued stocks
  • [Updated] Midcap stocks which ... reply from MarketWatch, 17 Jun 10
  • Pl see some of my following posting last year and in 2010.

    reply from MarketWatch, 11 days ago
    This is what I wrote on #BFL, #GRAN and #TAFL ON 24TH February for another posting!
    • Rise of other two stocks in the sector may be due to sister affects. May be there are other reasons as well.

    Players buy and sell due to some reasons. There should be some reason to buy.

    More positive news will give more bullish trend to the sector.

    Can we guess other peoples’ mind? Crowd will behave different way at different times.

    In case of #BFL has very good success story and they are number one farm company in Sri-Lanka and leader in the subgroup. They have great potential now. Their balance sheet is strong. They have less debt in their books. They have demand for their products both from local market and export market. They can expand their market and products further. They have innovative ideas.

    Currently they have attractive ROE. From next quarter onwards, it will improve further. It will become more and more undervalued. Currently it is trading P/E ratio of below the 8.

    It is one of the most attractive Farm stocks in the world (not only in ASIA but also globally).
    Where will you put your money during next 12 months? pPo

    Posted by me 7th November 2009

    Some of my favorite picks are: # COMB, #BFL, #LFIN, #GRAN # SPEN, #DOCK, #DFCC, #CFIN, #SAMP and #HNB

    Reasons for my selection: Management, Future Growth, Ability to make profits in the future, innovative ideas, ability to expand market share, ability to introduce new products and services in the future, increased demand for products and services, expected increase income due to North and East activities and tourism rebound.

    In addition, I like to follow stocks such as #HAYC #RCL

    However if fundamentals are going to become weak for a longer period then we should sell.

    What are your favorite stocks now? Thanks. Later I added #BALA as well when it was trading around Rs.20/- in November last year.


    Innam posted GRAN and I replied on 10th Feb 2010.
    • There is a success story for #BFL. It is number on Agri Food farm stock in Sri-Lanka.

    They made profits for last two financial years. Their earnings, turnover continuously increased last three quarters. Actually, they produced better than expected results during last three quarters. They have less debt.

    Now In addition to local market they have export market and tourist market as well. Keep eye on their future developments.

    Fundamentally, GRAN is not as strong as BFL. However, because of sister affects and some other reasons stocks such as #GRAN can go up.

    #ATL also can go up.

    Both GRAN AND ATL will have long-term prospects depend on how they are going to mange their business during next five years.

    If Jim Roggers and some other top investors decides to buy stocks, he will definitely go for Food companies with less debt, cheap value and potential. Therefore, companies such as #BFL and #BALA will come to his radar during next five years
    • reply from MarketWatch, 11 Feb 10
    •
    • If #BFL break Rs.60/- in the short run then #GRAN could break Rs.20/-

    Remember Gran traded above Rs.200/ and TAFL above Rs.51/-

    Therefore #BFL will break all above resistances levels during next five years. It is a s number one food farm compnay in Sri-Lanka

    Bairha Farms have concentrated on their core business very well. I don’t find any other Agri-Business stock have concentrated like this in Sri-Lanka.

    They took some timely action by disposing non productive sectors in the past

    I didn’t expect them to export their products so soon to the export market.

    They have valuable land in East part of Sri-Lanka and they are determined to develop their maize project there. Their land should be revalued now. In addition they have some valuable tree such as teak in their land.

    In addition they will introduce new products to the market. They have innovative ideas.
    • reply from MarketWatch, 11 Feb 10
    • We cannot take decision by looking at results of one quarter.

    There should be some pattern of consistency.

    In the recent past also GRAN went up to 16 with big turnover. There was a distribution at that time. And it came down back to around 13 levels. I don’ know how it will react this time.

    On the other hand #BFL went up slowly and systematically breaking all the resistance levels. Now it has arrived at an extremely bullish position due to fundamental and technical reasons. Once they announce their results it will become more and more attractive. Valuation will become more attractive. This is the time to look for cash cows.

    They will break all the records and resistance levels during next five years due to favourable environment for their business.
    • reply from MarketWatch, 11 Feb 10
    • More Agri-Business News

    http://www.asian-agribiz.com/Home/

    Fortune GP Farm ventures into exports

    [4 February 2010] Sri Lanka's Fortune G-P Farms, an associate company of Bairaha Farms PLC, has ventured into the export market, with the export of two consignments of Parent Breeder Chicks to Nepal. The consignments consisted of 6,000 DOC. Until recently, 85% of Sri Lanka's annual requirement was imported, but now Fortune G-P Farms, has the capacity to supply nearly 50% of the local requirement. Bairaha is a vertically integrated poultry producer, engaged in all the aspects of breeding, production and processing with the exception of feed milling

    Bangladesh to import DOC and eggs

    [11 February 2010] Bangladesh has insisted that it will continue to allow poultry imports to ease the shortage in the country, but will not allow imports from India because of a fresh bird flu outbreak. Despite protests from local farmers, Bangladesh approved 17 traders in December, to import day-old-chicks (DOC) and eggs worth BDT 87.2 million (USD 1.25 million), saying the import was necessary to ease the shortage and high prices. The traders earlier planned to import DOC and eggs from India. New criteria however, states that poultry imports are allowed only from countries recognised by OIE to be free from the bird flu.
    •
    • reply from MarketWatch, 6 Apr 10
    • According to Rohit in his technical analysis, he has some trend for GRAN and TAFL.

    Always we should go for strong company, competitor in sub groups.

    Then there are other factors including less debt, strong balance sheet, innovative ideas and new developments etc.

    I think poultry sub group will have improved results in the current quarter. Next quarter will be better than current quarter.
    • reply from MarketWatch, 7 Apr 10
    • #BFL is not a crowded stock. It is a hidden gem.

    It will become real gem if they can maintain higher attractive ROE and if we see some new developments during next 12 months and next five years.

    Their next most important barriers are: Rs.47.75 and Rs.54/-

    Long term barrier is much higher.
    • reply from MarketWatch, 20 Apr 10
    • I always said that nobody cannot predict 100% correctly.

    We can see some fundamentals, future developments, pattern, themes, ideas, trend and action for some stocks time to time. We cannot identify bullish stock by looking at charts.

    We have to follow considerable period and spend time. In the mean times, we have to do some study as well because we do not get inside information, what sophisticated investors institutions and traders are doing etc.

    Charts are good for identifying current trend. Other than that, it is not that useful. Chartist cannot predict next great depression, market crash, market correction and next strong bull trend,

    We have to follow considerable period and spend time. In the mean times, we have to do some study as well because we do not get inside information, what sophisticated investors institutions and traders are doing etc.

    Every stock has different type of pattern. Some have very strong pattern. For example in the past #, KVAL appreciated similar to #BFL. It started from Rs.12, then it broker Rs.20, Rs.30, Rs.40 and Rs.50 barriers gradually. Finally it went up to Rs.78/-

    I thought when commodity market crash it will come down below .Rs.50/-. However, both #WATA #KVAL outperformed the market. Some said plantations stocks are not good for long-term investment. Even blue chips such as #JKH and #HHL came down to below Rs.60/-

    Once they release results, we should study about their ROE, CASH FLOW, and DEBT LEVEL ETC. Every time we see strong results, we have to upgrade their stock price now.

    One thing I want to tell you we must not chase any stock. There are pullbacks in strong market. Did you notice LFIN went from Rs. 40 to above Rs.50. Then it came back to Rs.43 level. Then there were some volatility. Finally broke and went above Rs.60 and stagnated for sometimes. Now it is trading around Rs.83/-

    #COMB, #SAMP, #JKH, #HAL,# HAYC, #HNB, #HASU, #COCO and #SPEN also had pattern and there were so many pull backs. Finally, all of above stocks broke some important barriers.

    It is better to study any stock before we decide to buy any stock. It is not too late to buy. Similarly it is not to high to buy and it is not too low to sell depend on the situation.
    But we must not buy wrong stock too late. Sell right stock too early.

    For example now we must study whether #HAYC is going to go to Rs.300/-. Now it is better than #JKH. For this, we should follow this stock. Without studying, we should not buy any stock suddenly.

    Both Hayles group and Richard Group should benefit from current low interest rate environment and positive business in plantations.

    When compare with cement, hotel and other overvalued and hot stocks we can see at least positive earning per share in companies in above groups, in BFL and plantations companies.

    When compare with cement, hotel, and other hot stocks BFL will have higher ROE, low p/e when compare with market, great value, great demand for their products, lower debt improved cash flow in their book once they release results in the future.

    We cannot see attractive financial ratios in cement and hotel stocks. However, hotel stocks with weak balance sheets are trading even above Rs.80/-.

    Finally so far #BFL broke two important barriers.

    Because of sister affects both #GRAN and TAFL can have some movements. Even Rohit see some movements in stocks such as DIAL, NHL, TAFL and GRAN
    •
    • reply from MarketWatch, 30 Apr 10
    • Pl remember I never give tips and recommendation to buy and sell stocks.

    I only give my ideas on some stocks. Just because members mention stocks here including me, we should not buy and sell stocks. . We should do some study. Sometimes we have to follow considerable period on stocks to buy and sell.

    In major up trends stocks will go up and in major down trends stocks will go down.

    There should be some reason to buy and sell stocks. For me both #BALA and #BFL very attractive due to some reasons.

    When #Dock was trading around Rs.120, some said it has extended and I was strong supporter for that price. It went up to Rs.300/-. Similarly, I saw potential for #SAMP in advance. Now I see greet potential for both #BALA and #BFL.

    It is not too high to buy and it is not too low to sell depend on the situation, fundamentals, great value and some other factors.

    Good Luck!
    •
    • reply from MarketWatch, 30 Apr 1
    •
    • I think there will be powerful rally in poultry stocks and there is a potential to break following barriers.


    #GRAN can break Rs.27.50/-

    #TAFL can break Rs.15/

    And

    #BFL can break Rs.84.75/-. Their long term barriers are much higher.

    We have to closely watch the next most important barriers for #BFL

    Poultry group will have improved earnings in the next two quarters and #BFL will have attractive ROE. They will reduce their debt further.

    #BFL has three markets now.

    Local market including north and east
    Tourist Market- Next year going to be year of visiting Sri-Lanka. Those who live in abroad also will visit Sri-Lanka in 2011.
    Export Market

    Favorable Agri-Economic policy also will benefit Agri-Food companies. Export oriented companies and companies who create more job opportunities can get further benefits.

    Policy makers have identified value of food and beverage sector in Sri-Lanka.

    #BFL is number one Agri-Business/Food Farm Company with great growth potential in Sri-Lanka.

    Good luck!
  • [Updated] #BFL reply from MarketWatch, 6 Jun 10
  • This is what I wrote on #BFL, #GRAN and #TAFL ON 24TH February for another posting!
    • Rise of other two stocks in the sector may be due to sister affects. May be there are other reasons as well.

    Players buy and sell due to some reasons. There should be some reason to buy.

    More positive news will give more bullish trend to the sector.

    Can we guess other peoples’ mind? Crowd will behave different way at different times.

    In case of #BFL has very good success story and they are number one farm company in Sri-Lanka and leader in the subgroup. They have great potential now. Their balance sheet is strong. They have less debt in their books. They have demand for their products both from local market and export market. They can expand their market and products further. They have innovative ideas.

    Currently they have attractive ROE. From next quarter onwards, it will improve further. It will become more and more undervalued. Currently it is trading P/E ratio of below the 8.

    It is one of the most attractive Farm stocks in the world (not only in ASIA but also globally).
    Where will you put your money during next 12 months? pPo

    Posted by me 7th November 2009

    Some of my favorite picks are: # COMB, #BFL, #LFIN, #GRAN # SPEN, #DOCK, #DFCC, #CFIN, #SAMP and #HNB

    Reasons for my selection: Management, Future Growth, Ability to make profits in the future, innovative ideas, ability to expand market share, ability to introduce new products and services in the future, increased demand for products and services, expected increase income due to North and East activities and tourism rebound.

    In addition, I like to follow stocks such as #HAYC #RCL

    However if fundamentals are going to become weak for a longer period then we should sell.

    What are your favorite stocks now? Thanks. Later I added #BALA as well when it was trading around Rs.20/- in November last year.


    Innam posted GRAN and I replied on 10th Feb 2010.
    • There is a success story for #BFL. It is number on Agri Food farm stock in Sri-Lanka.

    They made profits for last two financial years. Their earnings, turnover continuously increased last three quarters. Actually, they produced better than expected results during last three quarters. They have less debt.

    Now In addition to local market they have export market and tourist market as well. Keep eye on their future developments.

    Fundamentally, GRAN is not as strong as BFL. However, because of sister affects and some other reasons stocks such as #GRAN can go up.

    #ATL also can go up.

    Both GRAN AND ATL will have long-term prospects depend on how they are going to mange their business during next five years.

    If Jim Roggers and some other top investors decides to buy stocks, he will definitely go for Food companies with less debt, cheap value and potential. Therefore, companies such as #BFL and #BALA will come to his radar during next five years
    • reply from MarketWatch, 11 Feb 10
    •
    • If #BFL break Rs.60/- in the short run then #GRAN could break Rs.20/-

    Remember Gran traded above Rs.200/ and TAFL above Rs.51/-

    Therefore #BFL will break all above resistances levels during next five years. It is a s number one food farm compnay in Sri-Lanka

    Bairha Farms have concentrated on their core business very well. I don’t find any other Agri-Business stock have concentrated like this in Sri-Lanka.

    They took some timely action by disposing non productive sectors in the past

    I didn’t expect them to export their products so soon to the export market.

    They have valuable land in East part of Sri-Lanka and they are determined to develop their maize project there. Their land should be revalued now. In addition they have some valuable tree such as teak in their land.

    In addition they will introduce new products to the market. They have innovative ideas.
    • reply from MarketWatch, 11 Feb 10
    • We cannot take decision by looking at results of one quarter.

    There should be some pattern of consistency.

    In the recent past also GRAN went up to 16 with big turnover. There was a distribution at that time. And it came down back to around 13 levels. I don’ know how it will react this time.

    On the other hand #BFL went up slowly and systematically breaking all the resistance levels. Now it has arrived at an extremely bullish position due to fundamental and technical reasons. Once they announce their results it will become more and more attractive. Valuation will become more attractive. This is the time to look for cash cows.

    They will break all the records and resistance levels during next five years due to favourable environment for their business.
    • reply from MarketWatch, 11 Feb 10
    • More Agri-Business News

    http://www.asian-agribiz.com/Home/

    Fortune GP Farm ventures into exports

    [4 February 2010] Sri Lanka's Fortune G-P Farms, an associate company of Bairaha Farms PLC, has ventured into the export market, with the export of two consignments of Parent Breeder Chicks to Nepal. The consignments consisted of 6,000 DOC. Until recently, 85% of Sri Lanka's annual requirement was imported, but now Fortune G-P Farms, has the capacity to supply nearly 50% of the local requirement. Bairaha is a vertically integrated poultry producer, engaged in all the aspects of breeding, production and processing with the exception of feed milling

    Bangladesh to import DOC and eggs

    [11 February 2010] Bangladesh has insisted that it will continue to allow poultry imports to ease the shortage in the country, but will not allow imports from India because of a fresh bird flu outbreak. Despite protests from local farmers, Bangladesh approved 17 traders in December, to import day-old-chicks (DOC) and eggs worth BDT 87.2 million (USD 1.25 million), saying the import was necessary to ease the shortage and high prices. The traders earlier planned to import DOC and eggs from India. New criteria however, states that poultry imports are allowed only from countries recognised by OIE to be free from the bird flu.
    •
    • reply from MarketWatch, 6 Apr 10
    • According to Rohit in his technical analysis, he has some trend for GRAN and TAFL.

    Always we should go for strong company, competitor in sub groups.

    Then there are other factors including less debt, strong balance sheet, innovative ideas and new developments etc.

    I think poultry sub group will have improved results in the current quarter. Next quarter will be better than current quarter.
    • reply from MarketWatch, 7 Apr 10
    • #BFL is not a crowded stock. It is a hidden gem.

    It will become real gem if they can maintain higher attractive ROE and if we see some new developments during next 12 months and next five years.

    Their next most important barriers are: Rs.47.75 and Rs.54/-

    Long term barrier is much higher.
    • reply from MarketWatch, 20 Apr 10
    • I always said that nobody cannot predict 100% correctly.

    We can see some fundamentals, future developments, pattern, themes, ideas, trend and action for some stocks time to time. We cannot identify bullish stock by looking at charts.

    We have to follow considerable period and spend time. In the mean times, we have to do some study as well because we do not get inside information, what sophisticated investors institutions and traders are doing etc.

    Charts are good for identifying current trend. Other than that, it is not that useful. Chartist cannot predict next great depression, market crash, market correction and next strong bull trend,

    We have to follow considerable period and spend time. In the mean times, we have to do some study as well because we do not get inside information, what sophisticated investors institutions and traders are doing etc.

    Every stock has different type of pattern. Some have very strong pattern. For example in the past #, KVAL appreciated similar to #BFL. It started from Rs.12, then it broker Rs.20, Rs.30, Rs.40 and Rs.50 barriers gradually. Finally it went up to Rs.78/-

    I thought when commodity market crash it will come down below .Rs.50/-. However, both #WATA #KVAL outperformed the market. Some said plantations stocks are not good for long-term investment. Even blue chips such as #JKH and #HHL came down to below Rs.60/-

    Once they release results, we should study about their ROE, CASH FLOW, and DEBT LEVEL ETC. Every time we see strong results, we have to upgrade their stock price now.

    One thing I want to tell you we must not chase any stock. There are pullbacks in strong market. Did you notice LFIN went from Rs. 40 to above Rs.50. Then it came back to Rs.43 level. Then there were some volatility. Finally broke and went above Rs.60 and stagnated for sometimes. Now it is trading around Rs.83/-

    #COMB, #SAMP, #JKH, #HAL,# HAYC, #HNB, #HASU, #COCO and #SPEN also had pattern and there were so many pull backs. Finally, all of above stocks broke some important barriers.

    It is better to study any stock before we decide to buy any stock. It is not too late to buy. Similarly it is not to high to buy and it is not too low to sell depend on the situation.
    But we must not buy wrong stock too late. Sell right stock too early.

    For example now we must study whether #HAYC is going to go to Rs.300/-. Now it is better than #JKH. For this, we should follow this stock. Without studying, we should not buy any stock suddenly.

    Both Hayles group and Richard Group should benefit from current low interest rate environment and positive business in plantations.

    When compare with cement, hotel and other overvalued and hot stocks we can see at least positive earning per share in companies in above groups, in BFL and plantations companies.

    When compare with cement, hotel, and other hot stocks BFL will have higher ROE, low p/e when compare with market, great value, great demand for their products, lower debt improved cash flow in their book once they release results in the future.

    We cannot see attractive financial ratios in cement and hotel stocks. However, hotel stocks with weak balance sheets are trading even above Rs.80/-.

    Finally so far #BFL broke two important barriers.

    Because of sister affects both #GRAN and TAFL can have some movements. Even Rohit see some movements in stocks such as DIAL, NHL, TAFL and GRAN
    •
    • reply from MarketWatch, 30 Apr 10
    • Pl remember I never give tips and recommendation to buy and sell stocks.

    I only give my ideas on some stocks. Just because members mention stocks here including me, we should not buy and sell stocks. . We should do some study. Sometimes we have to follow considerable period on stocks to buy and sell.

    In major up trends stocks will go up and in major down trends stocks will go down.

    There should be some reason to buy and sell stocks. For me both #BALA and #BFL very attractive due to some reasons.

    When #Dock was trading around Rs.120, some said it has extended and I was strong supporter for that price. It went up to Rs.300/-. Similarly, I saw potential for #SAMP in advance. Now I see greet potential for both #BALA and #BFL.

    It is not too high to buy and it is not too low to sell depend on the situation, fundamentals, great value and some other factors.

    Good Luck!
    •
    • reply from MarketWatch, 30 Apr 1
    •
    • I think there will be powerful rally in poultry stocks and there is a potential to break following barriers.


    #GRAN can break Rs.27.50/-

    #TAFL can break Rs.15/

    And

    #BFL can break Rs.84.75/-. Their long term barriers are much higher.

    We have to closely watch the next most important barriers for #BFL

    Poultry group will have improved earnings in the next two quarters and #BFL will have attractive ROE. They will reduce their debt further.

    #BFL has three markets now.

    Local market including north and east
    Tourist Market- Next year going to be year of visiting Sri-Lanka. Those who live in abroad also will visit Sri-Lanka in 2011.
    Export Market

    Favorable Agri-Economic policy also will benefit Agri-Food companies. Export oriented companies and companies who create more job opportunities can get further benefits.

    Policy makers have identified value of food and beverage sector in Sri-Lanka.

    #BFL is number one Agri-Business/Food Farm Company with great growth potential in Sri-Lanka.

    Good luck!
  • [Updated] #TAFL reply from MarketWatch, 6 Jun 10
  • This is what I wrote on #BFL, #GRAN and #TAFL ON 24TH February for another posting!
    • Rise of other two stocks in the sector may be due to sister affects. May be there are other reasons as well.

    Players buy and sell due to some reasons. There should be some reason to buy.

    More positive news will give more bullish trend to the sector.

    Can we guess other peoples’ mind? Crowd will behave different way at different times.

    In case of #BFL has very good success story and they are number one farm company in Sri-Lanka and leader in the subgroup. They have great potential now. Their balance sheet is strong. They have less debt in their books. They have demand for their products both from local market and export market. They can expand their market and products further. They have innovative ideas.

    Currently they have attractive ROE. From next quarter onwards, it will improve further. It will become more and more undervalued. Currently it is trading P/E ratio of below the 8.

    It is one of the most attractive Farm stocks in the world (not only in ASIA but also globally).
    Where will you put your money during next 12 months? pPo

    Posted by me 7th November 2009

    Some of my favorite picks are: # COMB, #BFL, #LFIN, #GRAN # SPEN, #DOCK, #DFCC, #CFIN, #SAMP and #HNB

    Reasons for my selection: Management, Future Growth, Ability to make profits in the future, innovative ideas, ability to expand market share, ability to introduce new products and services in the future, increased demand for products and services, expected increase income due to North and East activities and tourism rebound.

    In addition, I like to follow stocks such as #HAYC #RCL

    However if fundamentals are going to become weak for a longer period then we should sell.

    What are your favorite stocks now? Thanks. Later I added #BALA as well when it was trading around Rs.20/- in November last year.


    Innam posted GRAN and I replied on 10th Feb 2010.
    • There is a success story for #BFL. It is number on Agri Food farm stock in Sri-Lanka.

    They made profits for last two financial years. Their earnings, turnover continuously increased last three quarters. Actually, they produced better than expected results during last three quarters. They have less debt.

    Now In addition to local market they have export market and tourist market as well. Keep eye on their future developments.

    Fundamentally, GRAN is not as strong as BFL. However, because of sister affects and some other reasons stocks such as #GRAN can go up.

    #ATL also can go up.

    Both GRAN AND ATL will have long-term prospects depend on how they are going to mange their business during next five years.

    If Jim Roggers and some other top investors decides to buy stocks, he will definitely go for Food companies with less debt, cheap value and potential. Therefore, companies such as #BFL and #BALA will come to his radar during next five years
    • reply from MarketWatch, 11 Feb 10
    •
    • If #BFL break Rs.60/- in the short run then #GRAN could break Rs.20/-

    Remember Gran traded above Rs.200/ and TAFL above Rs.51/-

    Therefore #BFL will break all above resistances levels during next five years. It is a s number one food farm compnay in Sri-Lanka

    Bairha Farms have concentrated on their core business very well. I don’t find any other Agri-Business stock have concentrated like this in Sri-Lanka.

    They took some timely action by disposing non productive sectors in the past

    I didn’t expect them to export their products so soon to the export market.

    They have valuable land in East part of Sri-Lanka and they are determined to develop their maize project there. Their land should be revalued now. In addition they have some valuable tree such as teak in their land.

    In addition they will introduce new products to the market. They have innovative ideas.
    • reply from MarketWatch, 11 Feb 10
    • We cannot take decision by looking at results of one quarter.

    There should be some pattern of consistency.

    In the recent past also GRAN went up to 16 with big turnover. There was a distribution at that time. And it came down back to around 13 levels. I don’ know how it will react this time.

    On the other hand #BFL went up slowly and systematically breaking all the resistance levels. Now it has arrived at an extremely bullish position due to fundamental and technical reasons. Once they announce their results it will become more and more attractive. Valuation will become more attractive. This is the time to look for cash cows.

    They will break all the records and resistance levels during next five years due to favourable environment for their business.
    • reply from MarketWatch, 11 Feb 10
    • More Agri-Business News

    http://www.asian-agribiz.com/Home/

    Fortune GP Farm ventures into exports

    [4 February 2010] Sri Lanka's Fortune G-P Farms, an associate company of Bairaha Farms PLC, has ventured into the export market, with the export of two consignments of Parent Breeder Chicks to Nepal. The consignments consisted of 6,000 DOC. Until recently, 85% of Sri Lanka's annual requirement was imported, but now Fortune G-P Farms, has the capacity to supply nearly 50% of the local requirement. Bairaha is a vertically integrated poultry producer, engaged in all the aspects of breeding, production and processing with the exception of feed milling

    Bangladesh to import DOC and eggs

    [11 February 2010] Bangladesh has insisted that it will continue to allow poultry imports to ease the shortage in the country, but will not allow imports from India because of a fresh bird flu outbreak. Despite protests from local farmers, Bangladesh approved 17 traders in December, to import day-old-chicks (DOC) and eggs worth BDT 87.2 million (USD 1.25 million), saying the import was necessary to ease the shortage and high prices. The traders earlier planned to import DOC and eggs from India. New criteria however, states that poultry imports are allowed only from countries recognised by OIE to be free from the bird flu.
    •
    • reply from MarketWatch, 6 Apr 10
    • According to Rohit in his technical analysis, he has some trend for GRAN and TAFL.

    Always we should go for strong company, competitor in sub groups.

    Then there are other factors including less debt, strong balance sheet, innovative ideas and new developments etc.

    I think poultry sub group will have improved results in the current quarter. Next quarter will be better than current quarter.
    • reply from MarketWatch, 7 Apr 10
    • #BFL is not a crowded stock. It is a hidden gem.

    It will become real gem if they can maintain higher attractive ROE and if we see some new developments during next 12 months and next five years.

    Their next most important barriers are: Rs.47.75 and Rs.54/-

    Long term barrier is much higher.
    • reply from MarketWatch, 20 Apr 10
    • I always said that nobody cannot predict 100% correctly.

    We can see some fundamentals, future developments, pattern, themes, ideas, trend and action for some stocks time to time. We cannot identify bullish stock by looking at charts.

    We have to follow considerable period and spend time. In the mean times, we have to do some study as well because we do not get inside information, what sophisticated investors institutions and traders are doing etc.

    Charts are good for identifying current trend. Other than that, it is not that useful. Chartist cannot predict next great depression, market crash, market correction and next strong bull trend,

    We have to follow considerable period and spend time. In the mean times, we have to do some study as well because we do not get inside information, what sophisticated investors institutions and traders are doing etc.

    Every stock has different type of pattern. Some have very strong pattern. For example in the past #, KVAL appreciated similar to #BFL. It started from Rs.12, then it broker Rs.20, Rs.30, Rs.40 and Rs.50 barriers gradually. Finally it went up to Rs.78/-

    I thought when commodity market crash it will come down below .Rs.50/-. However, both #WATA #KVAL outperformed the market. Some said plantations stocks are not good for long-term investment. Even blue chips such as #JKH and #HHL came down to below Rs.60/-

    Once they release results, we should study about their ROE, CASH FLOW, and DEBT LEVEL ETC. Every time we see strong results, we have to upgrade their stock price now.

    One thing I want to tell you we must not chase any stock. There are pullbacks in strong market. Did you notice LFIN went from Rs. 40 to above Rs.50. Then it came back to Rs.43 level. Then there were some volatility. Finally broke and went above Rs.60 and stagnated for sometimes. Now it is trading around Rs.83/-

    #COMB, #SAMP, #JKH, #HAL,# HAYC, #HNB, #HASU, #COCO and #SPEN also had pattern and there were so many pull backs. Finally, all of above stocks broke some important barriers.

    It is better to study any stock before we decide to buy any stock. It is not too late to buy. Similarly it is not to high to buy and it is not too low to sell depend on the situation.
    But we must not buy wrong stock too late. Sell right stock too early.

    For example now we must study whether #HAYC is going to go to Rs.300/-. Now it is better than #JKH. For this, we should follow this stock. Without studying, we should not buy any stock suddenly.

    Both Hayles group and Richard Group should benefit from current low interest rate environment and positive business in plantations.

    When compare with cement, hotel and other overvalued and hot stocks we can see at least positive earning per share in companies in above groups, in BFL and plantations companies.

    When compare with cement, hotel, and other hot stocks BFL will have higher ROE, low p/e when compare with market, great value, great demand for their products, lower debt improved cash flow in their book once they release results in the future.

    We cannot see attractive financial ratios in cement and hotel stocks. However, hotel stocks with weak balance sheets are trading even above Rs.80/-.

    Finally so far #BFL broke two important barriers.

    Because of sister affects both #GRAN and TAFL can have some movements. Even Rohit see some movements in stocks such as DIAL, NHL, TAFL and GRAN
    •
    • reply from MarketWatch, 30 Apr 10
    • Pl remember I never give tips and recommendation to buy and sell stocks.

    I only give my ideas on some stocks. Just because members mention stocks here including me, we should not buy and sell stocks. . We should do some study. Sometimes we have to follow considerable period on stocks to buy and sell.

    In major up trends stocks will go up and in major down trends stocks will go down.

    There should be some reason to buy and sell stocks. For me both #BALA and #BFL very attractive due to some reasons.

    When #Dock was trading around Rs.120, some said it has extended and I was strong supporter for that price. It went up to Rs.300/-. Similarly, I saw potential for #SAMP in advance. Now I see greet potential for both #BALA and #BFL.

    It is not too high to buy and it is not too low to sell depend on the situation, fundamentals, great value and some other factors.

    Good Luck!
    •
    • reply from MarketWatch, 30 Apr 1
    •
    • I think there will be powerful rally in poultry stocks and there is a potential to break following barriers.


    #GRAN can break Rs.27.50/-

    #TAFL can break Rs.15/

    And

    #BFL can break Rs.84.75/-. Their long term barriers are much higher.

    We have to closely watch the next most important barriers for #BFL

    Poultry group will have improved earnings in the next two quarters and #BFL will have attractive ROE. They will reduce their debt further.

    #BFL has three markets now.

    Local market including north and east
    Tourist Market- Next year going to be year of visiting Sri-Lanka. Those who live in abroad also will visit Sri-Lanka in 2011.
    Export Market

    Favorable Agri-Economic policy also will benefit Agri-Food companies. Export oriented companies and companies who create more job opportunities can get further benefits.

    Policy makers have identified value of food and beverage sector in Sri-Lanka.

    #BFL is number one Agri-Business/Food Farm Company with great growth potential in Sri-Lanka.

    Good luck!
  • [Updated] Stocks to watch reply from MarketWatch, 6 Jun 10
  • If we carefully follow above stocks, we can make capital gain during next 10 years time to time.

    I noticed Ceybank Fund management knows how to identify even small and medium cap stocks in advance.

    This is my post 18 days ago!

    SPEN, #JKH, #COMB, #HNB, # #SAMP, #HAYL ,#HHL, #CFIN, #SLTL, #HDFC, #DOCK, #AHUN and #GREG now?

    What I wrote 18 days ago!

    • Which companies in above list will go up more than 15% by June?

    Which companies in above list will have consistence in earnings during next four quarters?

    Which companies in above list have strong management? Thanks.

    • Thank you for reply.

    What do you think about both #COMB and #JKH?

    It looks like that they will have some run in the near future.

    I am trying to study their pattern and next barriers.

    Remember when company announce good profits they are going down except few stocks.

    Fundamentally weak hot and speculative companies with mountain of debt having good run now? Why?

    Time to time different crowd and players become active in selected stocks, groups at different times.

    I think we are due for three strong group rallies in the near future. Some players will become active in those groups. Even some fundamentally weak stocks will have good run.

    • As I said we had a powerful rally in poultry group.

    In fact percentage wise #TAFL appreciated more than powerful #BFL. |More than 40% during short period.

    We will see more and more powerful group, sector and stocks oriented rallies in the future.

    We should go behind powerful tortoise stocks with great success stories in the future.

    We must be realistic. Do not forecast stocks will become double within a week, month etc.

    Reply in the current year!
    •
    • reply from MarketWatch, 4 Jan 10

    More about P/E ratios:

    Generally many make use of p/e ratio to compare stocks in the same sub group or sector. Some are using peg ratio in addition to p/e ratio.

    Value investors will go for higher return on equity as well. However we must not forget market is not 100% efficient.So hot stocks, speculative and penny stocks can go higher and higher despite higher p/e ratios.

    Currently hotel, health have p/e ratio of more than 62. Current market p/e ratio is around 16.Oil palm and power sector has p/e ratio of more than 45.
    Trading has around 27 and motor sector has around 36.

    Services,teecomunications, diversified and manufacturing has over 20.

    When compare with market p/e ratio sectors such as Finance,Plantations stores and supllies have some of the lowest p/e ratio in the CSE.(Around 11).

    Companies such as #NDB,#BFL, #BALA,PABC,CFIN,#LFIN and #HDFC etc have some of the Lowest p/e ratios in the CSE.Some of the above compnies have p/e ratio of less than 5 and return on equity more than 20.More than that some have less debt in thier books and have innovative ideas.Their cash flow will improve further.

    I think some of the abvove companies will have improved earnings,ROE, better than expected results not only during next two quarters but also during next five years

    • Some of the reply made last year!
    •
    • reply from innam, 11 Sep 09
    • marketwatch- i hope you have invested in the two stocks that you mentioned, #PABC and #CFIN. #PABC has been stuck at 15 levels due to selling pressure, what will move the stock will probably be 3Q earnings. #HDFC had a turnaround quarter in 2Q and the market rewarded it by doubling the share....#PABC's 6 month EPS was 2.7 even with a moderate 3Q they can end up with a 9 month EPS of 4.....that means the share should at least be trading at the 20 levels. So accumulate #PABC till 3Q earnings.

    #CFIN has started to move on high volumes (the share only trades about a 1000 a day but suddenly volumes have hit 40,000), so it looks like moving past 300.....in the current mood the share can easily reach 350. Every year for the last 3 years they've been delivering EPS of above 50.....also #NTB and #TSML are associate companies and they have a real estate investment (Hedges Court) that should do well with the economy picking up....thanks for mentioning #CFIN marketwatch i hadn't looked at it untill your post.

    reply from MarketWatch, 10 Sep 09

    Even on P/E comparison, #CFIN and #PABC has lowest P/E ratio in the financial sector.

    I think this is the time to invest in #PABC as a trader, long-term investor or short term medium term investor

    Remember at that time PABC was trading around Rs.15/-. It went up around Rs.24/- and came down to around Rs.18/. Some top traders entered again. Now trading around Rs.27. It looks likes PABC is having some momnuntum trading time to time. It will have volatility as well.

    We have to do more study due to issue of new shares in stocks such as NTB, PABC and MBSL. Long term they will have growth.
  • [Updated] Watch 4270 on ASI th... reply from rohit, 30 May 10
  • Yeps
    read the full post #LCEY consolidated and even corrected around 5% since March 10 till it got the final breakout of momentum above 68 as it was indicated in that post.
    So, if you have sold LCEY on my call then you would have got a better entry opportunity at 62 or after 10 days above 68 when the momentum came back.

    Technical analysis gives you the right entry and exit points most of the time - Have you seen that in this entire bull market #DOCK has done nothing though it was claimed to be fundamentally too strong. read my post on http://lankaswingtrading.com - dock in a dock

    Charts only reveal they never predict

    Rohit
  • [Updated] Rubber Plantation co... reply from MarketWatch, 29 May 10
  • HI Chamila,

    I already said there would be volatility in all types of markets during next 10 years due to some reasons. I also said oil would trade in a range bound of $65 to $85. It happened so many times during last 10 months. However, this time it went up to $87 before it came back to around $67. Now it is trading around $75.

    Some top analysts expect oil to go above $90 by the end of this year. I think oil should not go above $90. Oil around $80 is good for all types of industries. Otherwise, world economy will slow down in 2011 if oil goes above $100 per barrel. Inflation will go up.

    Rohit and I saw weakness in #HAYC around Rs.200 and in #DOCK around #Rs.300. I was strong supporter when dock was trading around # Rs.120/-. Around $100, Hayc was good buy. However now we have to study their long term potential and then we should take our positions accordingly.

    We will have to become bullish on some stocks time to time. We should be bullish on some special stocks now. Once we find attractive stock with great potential, we have to fall in love with it. Some companies will have demand for their products in any situation.

    I partly agree with your following statement

    Beware of Lankem Ceylon & EB Cresy. Yes its true results are good. But mind you friends share prices may have increased in the recent past in those companies may be because of this. Look what has happened to Haycarb.

    It depends on what type of players play LCEM now. If smart players dump this stock, they will come down. I saw smart money is leaving in #hayc around Rs.200/-

    Some say commodity stocks are risky. Generally, all types of assets including shares are risky. After collapse of financial system in Iceland, their tourism, restaurants and fish sector is still doing well. Financial sector and property sector is more risky than other sectors now. Remember people will always eat.

    Their food related sector is doing well in good and bad times.

    I think there will be great opportunities in food and hot beverages commodities and in some raw materials during next two decades.

    We should have strategy to time the commodity market.

    Those who new to the market should not buy any commodity stock at higher prices without understanding of commodity market. Experienced commodity traders know how to play the commodity market and how to beat others

    Just like stock market, there are opportunities in commodity market as well.


    Pl see following link: Just like stock market direction of commodity market can change at any time. If rubber climb again plantains stocks such as #agal, #bala, #kota, #hopl, #wata, #namu and other plantatioisn companies with rubber plantations will benefit.

    New players do not buy commodity stocks without any knowledge about commodity market. Rather it is better to stay with companies that you know very well. Always trade and invest in stock, commodity that you know very well.
    .

    http://www.businessweek.com/news/2010-05-28/rubber-may-jump-25-to-30-year-high-on-china-japan-broker-says.html


    Rubber May Jump 25% to 30-Year High on China, Japan Broker Says

    May 28 (Bloomberg) -- Rubber may climb at least 25 percent to the highest level in three decades as demand increases in China, the largest consumer, outweighing concern European use will slow, said an executive manager at broker Yutaka Shoji Co.
    Futures may surpass the 2008 peak of 356.9 yen per kilogram ($3,922 a metric ton) on the Tokyo Commodity Exchange this year to reach the highest level since March 1980, said Kazuya Tetsu, who traded the commodity for more than 30 years at Marubeni Corp. before joining Yutaka Shoji last month.
    Prices gained 3.6 percent this year after doubling in 2009 as the rally slowed on concern the sovereign debt crisis in Europe will stall the economic recovery, hurting demand for commodities. Car ownership in China, the world’s largest auto market, will expand, boosting consumption of the raw material used in tires, Tetsu said in an interview in Tokyo.
    “China’s influence on the market and global economies is getting stronger,” Tetsu said yesterday. Demand from the country “is setting the market’s direction,” he said.
    Rubber for November-delivery, the most-active contract in Tokyo, gained 1.8 percent to 286.20 yen at 2:17 p.m. local time today. The price reached a five-month low of 250.9 yen on May 17, down from a peak of 338.5 yen about a month earlier.
    A price jump will benefit producers in Thailand, Indonesia and Malaysia, the biggest suppliers, and potentially boost costs for tire makers such as Bridgestone Corp. Marubeni is the country’s biggest trader of the commodity and Yutaka is one of the top five raw-materials brokerages.
    Inflation Hedge
    The European debt turmoil may force governments to keep interest rates low and delay implementation of their “exit policy”, leading to renewed investor interest in commodities as an inflation hedge, Tetsu said. Europe represented 15 percent of global consumption estimated at 10.2 million tons in 2008, according to International Rubber Study Group.
    Sales of cars, sport-utility vehicles and multipurpose vehicles in China jumped 33 percent from a year earlier to 1.11 million units in April, according to the China Association of Automobile Manufacturers. In the first quarter sales jumped 76 percent to 3.52 million units.
    Consumption of natural rubber in China may grow 10 percent this year to 3.35 million tons from 2009, the Association of Natural Rubber Producing Countries said in its May report.
    Supplies of natural rubber may increase seasonally, helping curb prices on the cash market, Kazunori Kokubo, general manager at the international business section of Yutaka Shoji, said in the same interview.
    Narrow Gap
    “Tightness in supply will probably be alleviated in July as the influence from wintering will diminish,” he said. Trees shed their leaves during wintering, or the low-production period that runs from February to April, leading to lower latex output.
    The increase in production may narrow the price gap between the nearby month on the Tokyo exchange and the most active contract, Kokubo said. June-delivery rubber added 1 percent to 373 yen at 2:06 p.m. local time.
    Total production of natural rubber will grow 6.2 percent to 9.37 million tons this year, according to the ANRPC report. The association represents Cambodia, China, India, Malaysia, Indonesia, Papua New Guinea, Philippines, Singapore, Sri Lanka, Thailand and Vietnam.
    Cash prices in Thailand, the largest producer and exporter, increased as rains in southern provinces disrupted tapping, according to the Rubber Research Institute of Thailand. Thai RSS-3 grade rubber for June delivery rose 1.6 percent to 125.40 baht ($3.85) a kilogram, the institute said on its website yesterday. The price climbed to a record 130.55 baht April 27.
  • [Updated] BFL BALA KHL going d... reply from MarketWatch, 26 May 10
  • When I saw great value in 2009, I categorized following stocks as real gems.

    #SAMP, #DOCK, #AHIN and #LLUB

    Now I see great value in #BFL. It is number one attractive markets’ value gem in the CSE now.

    We should have reason to buy and sell stocks.
  • [Updated] #DOCK reply from majestic, 19 May 10
  • Don't forget that we are experiencing one of the worst periods in recorded financial history in the world.
    Shipping is also effected.

    You can check how solid a business is only when the going gets tough.
    So, #DOCK doing this well should be taken as a positive sign.
    They will increase revenue once they deliver these vessels.
    Don't panic just because they don't do well for a quarter or two.
    It's a real business, not some speculative,"pump and dump" chop shop.
    My take on this,buy more during a pullback.
    If your in to INVESTING, I mean.
  • [Updated] #DOCK reply from MarketWatch, 19 May 10
  • We were very bullish on #DOCK when it was trading around Rs.120.

    Now we have shifted to other extremely bullish stocks.

    Future earnings are more important.

    Pl do more study on DOCK.
  • [Updated] Is #GRAN a good time... reply from MarketWatch, 30 Apr 10
  • Pl remember I never give tips and recommendation to buy and sell stocks.

    I only give my ideas on some stocks. Just because members mention stocks here including me, we should not buy and sell stocks. . We should do some study. Sometimes we have to follow considerable period on stocks to buy and sell.

    In major up trends stocks will go up and in major down trends stocks will go down.

    There should be some reason to buy and sell stocks. For me both #BALA and #BFL very attractive due to some reasons.

    When #Dock was trading around Rs.120, some said it has extended and I was strong supporter for that price. It went up to Rs.300/-. Similarly, I saw potential for #SAMP in advance. Now I see greet potential for both #BALA and #BFL.

    It is not too high to buy and it is not too low to sell depend on the situation, fundamentals, great value and some other factors.

    Good Luck!
  • [Updated] Overvalued Market reply from cse.see, 23 Apr 10
  • No. Not. Sri Lankan Market is not overvalued.
    Yes. Some of Sectors (like Hotels) overvalued. (But with predictabale earnings in comming year).
    Market will reach 4400 - 4500 level by end June'2010.

    Possitive factors to Sri Lankan Market :
    1. Central Bank of Sri Lanka has forecast a 6.5 % economic growth for the country in year 2010.
    2. Stable government to adopt consistent economic policies in the country.
    3. Expected boom in the Tourism sector in future. Tourist arrivals to the country has increased after the end of 30 year old civil war & already recorded a 50.3% growth so far for the year 2010. ( JAN - MARCH).
    4. The Economic growth in future is expected to be well supported by the development activities in the Construction & the Agricultural sectors as well.
    5. Sri Lanka Share Market (Colombo Stock Exchange) ranked No 01 in Asia & second best in the world in 2009. We are the best performing stock exchange in Asia so far for year 2010.
    6. Announcement of the holding an Indian film festival in Sri Lanka will boost the hotels sector.
    7. Expected positive earnings by the listed companies in future.
    8. Can expect more foreign investment confidency about Sri Lanka.

    This is time for Market correction. Fundamentally strong stocks moving day by day. Look Blue chip companies & Banks. #CTC, #HAYL, #COMB, #SAMP.

    I personaly thinking all attractive shares, quickly will adjust with Current Market P/E. Market P/E is about 16 - 18 times. (With ASI 4000 level).

    My prediction (next 06 months) Market will run as follows (few eg) :

    By Apr'10 to Jun'10 Quarter
    #SAMP to reach Rs.350/-
    #HAYL to reach Rs.375/-
    #COMB to reach Rs.320/-
    #CTC to reach Rs.400/-
    #HAYC to reach Rs.250/-
    #LCEY to reach Rs.130/-
    #KOTA to reach Rs.85/-
    #DOCK to reach Rs.325/-
    #RCL to reach Rs.160/-

    By Jul'10 to Sep'10 Quarter
    #JKH to reach Rs.250/-
    #NDB to reach Rs.290/-
    #DFCC to reach Rs.300/-
    #KVAL to reach Rs.100/-
    #DIPD to reach Rs.175/-
    #HAYC to reach Rs.275/-

    06 months earlier if you invest some money, now you hav a 100% return. most of stocks more than double now. Still, you all not late. As a short term investor (03 months) clearly you have a more than 30% return in CSE. (If you deposit your money in Bank (FD), after 01 year period you can earn only less than 8%).
  • [Updated] #khl reply from MarketWatch, 18 Apr 10
  • I like to mention about some valuable members here.

    All members such as Rehan, Bandara, Pisssa6666, and Innam mentioned some valuable stocks before other sites and other analysts in 2009. Then there was another member I think he was Amanathilake. He was expert in one sector. Unfortunately, we are not seeing his post now. All of above have different talent and different approach. Members will benefit form their experience and knowledge.

    We should respect for their opinion, ideas irrespective of differences. Everybody had different opinion and same opinion for some stocks.

    Even some valuable new members mentioned some good stocks before market recognize. We must thank all of them. Some new members have very good knowledge, breaking barriers etc.

    I suggest everybody to mention his or her favorite stocks in the future. Then time to time some subgroups and sectors will have more value than other sectors.

    When Rehan mentioned about stocks such as #SAMP #DOCK, #AHUN and LLUB I said they are real gems.

    Pissa6666 mentioned stock such as #LFIN few stocks including plantations stocks

    Bandara mentioned some stocks such as #CINV and #GUAR

    Innam mentioned some small and mid cap stocks.

    Finally, Amanathileke mentioned some stocks including agric-stocks

    Everybody has some knack in selecting stocks

    When Amanahieke mentioned #CHOU last year I said any stock could go up suddenly.
    His CHOU went from Rs.8 to over Rs.30 within a month.

    So far all of above have, beat the market in some stocks.

    No body is 100% right. Nobody can win the market all the time. We all make mistakes. Because can we predict what is happening in the future. Even economist cannot identify direction. However, one thing globally we will see market volatility during next 10 years.

    Some of the stocks mentioned by above members and new members will have some more upside.


    My new range bound

    For #KHL Rs.15 to Rs.26/.
    For #LHL Rs.45 to Rs.75/-
    For #GREG Rs,50 to Rs.200/-

    I will have to update if I see strong action, pattern and momentum in these stocks during next eight weeks.

    Next eight week is important for plantations stocks as well. It will be make or break period for plantation stocks.

    Stocks to watch now::

    Undervalued stocks going to make attractive above average results with higher ROE.
  • [Updated] Market reply from MarketWatch, 23 Mar 10
  • Thanks Rohit

    What do you think about #JKH, #DOCK and #DIAL and #COMB this week? What are your expected price levels in the current week according to your indictors?

    As I said, earlier this week is crucial for me.

    I expected some aggressive selling for some stocks. Similarity I am expecting some aggressive buying and selling for some stocks.

    .Some stocks will go up some stocks will go down. Some stocks will go sideways.

    I noticed some are buying value stocks aggressively when others are become panic. They did not buy stocks at higher prices. Now they are buying.
  • [Updated] BEST TO BUY #KHL & ... reply from MarketWatch, 20 Mar 10
  • Technical charts and moving averages are also not that good for both #KHL and #LHL

    However, they will have range bound. There is a strong signal that #KHL will break Rs.20/.

    According charts and moving averages #JKH is fighting hard to break some resistance levels. It looks positives for JKH according to chart. If it breaks Rs.180, there will be further upside. Next week will be very crucial for JKH

    According to chart #DOCK will go down little bit further and #HAYC is struggling to go above Rs.160/-

    Moving averages and charts look positive for #HNB, #SAMP and #DFCC
    However, they are struggling to break next resistance levels now. Once they breaks #HNB will go all the way to Rs.250/. Not above Rs.400/-. #SAMP will go all the way to Rs.300/-

    I am not firm believer in technicals. I am just looking at some charts.

    According to some charts, moving averages, fundamentals and general market conditions some undervalued stocks going to be very bullish in the CSE. Charts and moving averages are also good for some plantation stocks.

    It is better to have good knowledge about general market conditions than other indicators.

    Next week is very crucial. We will see whether chart pattern is going to change or not.
  • [Updated] How many guys waitin... reply from MarketWatch, 14 Mar 10
  • Bundara what do you think about #AGAL. I am curious about their agriculture crops? Do they have fuel wood as well?

    More range bound for some stocks during next 12 months.

    #DOCK Rs.220 to Rs.340/-
    #HAYC Rs.100 to Rs.210/-

    More range bound later.

    Some stocks will not have range bound. Only they will have minor volatility. They will appreciate slowly and systematically and they will end up with more than ten baggers during next 26 months and next five years.

    We have to fall in love with these hidden stocks. Otherwise will miss biggest rally and biggest capital gain in our lifetime.

    Thanks.

    HI Dinusl.

    I think it is better to do some homework before buy any stock.

    Pl do’not depend on other peoples’ tips.

    Thanks
  • [Updated] Updated technical ou... reply from rohit, 8 Mar 10
  • Hi,

    #DOCK has gone sideways once it went into the web despite markets going up only.

    The multiple moving averages are simplest of the tool of tech analysis.

    Thanks
    rohit
  • [Updated] Pl read following ar... reply from MarketWatch, 7 Mar 10
  • Thank you for information and highlighting support levels.

    Yes Rohit. As I said earlier experienced and knowledgeable investors will have advantage over others during next seven nine months.

    It is true we can time the market, sector, group and countries time to time after getting experience and knowledge

    In addition to fundamentals, we should follow actions, trend etc. Sometimes it takes longer period to identify some attractive stocks.

    Further, some stocks have formed their major uptrend, they break all resistance levels and every full backs is a buying opportunity.

    I mentioned some stocks last year and I am monitoring their rally, breaking their previous all time high, breaking their new highs, fullbacks, next entry level time to time.

    I noticed support levels for #DOCK broke around Rs.300/- and for #HAYC around Rs.200/. Both have come down now and HAYC is trading around Rs.160/- now.

    In case of #HASU, it went up to Rs.54 and then came back to around Rs.40/- level. This fullback should have used for great buying opportunity. Now it is trading around Rs.58/-. I think it can break Rs.60 level

    In a major uptrend, some pullbacks create great buying opportunity and timing for some stocks.

    I agree about your statements: Some times undervalued stocks do not perform for quite a long time.

    We should have patience for some hidden gems. Otherwise, we will lose biggest rally in those stocks and lifetime opportunities. We should fall in love with these types of stocks.

    In short, market trend is our friend. Unusual Actions, movements, some strong fundamentals and technically analysis help us to recognize some bull stocks.
  • [Updated] #HAYC heading lower reply from rohit, 2 Mar 10
  • #HAYC immediate support around 160 its selling off for quite a while #DOCK has the same pattern.

    Rohit
  • [Updated] Where will you put y... reply from rohit, 2 Mar 10
  • Hi Rehan,

    May time has come to take some profits off the table from #DOCK for immediate term 291,275 support.
    Below that ........

    Thanks
    Rohit
  • [Updated] # CINV, #GUAR about... reply from MarketWatch, 27 Feb 10
  • Different stocks’ will go up and down at different times.

    Suddenly I found there are more opportunities in hidden gems and neglected plantation sector. I changed my mind to overlooked sectors and stocks.

    Every body wants to chase stocks such as GREG, some bank stocks etc. Investor interest went to stock such as #HAYC, #DOCK, #CINV and #GUAR etc.

    I followed less on some of the above companies during last three months. I know some points some smart money will move away from some of the above stocks. I think it has happened to #HAYC. Those who bought below Rs.100/- must have sold around Rs.200/-
    I found some smart money has left the HAYC during December quarter Still they can go up as long as market trend is strong. It all depends on the players. Because even top investors make mistakes by selling early.

    Then some smart money has moved into some stocks during last two quarters including top foreign investor and powerful non-financial institution and financial institution. This is a very bullish sign. We should become fans of themes, patterns, trends and cycles.

    There is another type of stocks. They have everything. However, they do not have liquidity.

    Pl remember I just give my idea on some stocks time to time. Actually, it is not a buy list.
    Even I have not bought some of the stocks I mentioned in this forum though they have passed more than 100 % and some are more than 200%

    It is better to do some homework once they see posting here. Pl do not depend on tips, rumors and news. We have to depend on the future earnings. Yes, we can beat the market once we learn everything.

    Factors to look for:

    Demand for their products
    New developments.
    Expansion in their business and market
    Competitive advantage due to lower debt
    Strong competitor
    Innovative ideas.
    Future earnings
    Other factors such as human psychology, crowd activity market trend for sub group and sector
    Most important thing is value. Do not over pay for any stock
    Time horizon
  • [Updated] Some strategy for st... reply from MarketWatch, 18 Feb 10
  • Thanks. Rehan . Thanks cse-stock.

    Cse-stock you are right.

    If we do not have patient we will miss some of the biggest rallies, lifetime opportunities from the market. We have to be patient in the market.

    For example those who bought #SAMP below Rs.35/- and those who bought #DOCK and waited patiently for the long run are some of the biggest winners in the current market.

    However, we have more short-term treaders than long-term investors in the market now.

    Even top banks, hedge masters and other funds are trading short term sometimes less than one month. This is the reason for volatility. Then there are instruments with mass of destruction.

    They also make some of the biggest investment mistakes by selling early. Sometimes they buy too late. Everybody into crowded stocks and finally everybody will bring down stock prices dramatically.

    Finally we will ill have volatility, sector oriented bull markets, correction, pullbacks, biggest one-day rallies, one-week rally, one month rally, one year rally and one day-drops, side way market, bear market etc. during next 10 years. In this process, some could become bankrupt.

    Therefore, investors should avoid companies more prone to bankrupt in the future.

    Practically also we should learn about the market.

    Did you notice some players are trying to sell some stocks lower in small quantity at the beginning of the day?

    Did you notice some players are putting down stock price in small quantity at the begining of the market and then buying stocks closer to the market with increased volume and price?

    Will it be their strategy to accumulate stocks?

    Recently there were big price movements in some counters after this process.

    Then some intelligent investors they never chase stocks and they are accumulating in market weakness and some are buying quality undervalued stocks systemically and slowly
  • [Updated] Why do we see higher... reply from MarketWatch, 14 Feb 10
  • Thank you for all answers.

    Bandara I recently identified some stocks and but they do not have liquidity. Once I found quality stocks after quarterly results I will post as soon as possible

    Time to time I am bullish on some stocks. Different people have different reasons for that.

    I was bullish on stocks such #DOCK, #HNB, #COMB, #SAMP, #SAMP, #SPEN,and some other stocks that I mentioned in this forum .time to time. In fact, I did not buy some of stocks even though they appreciated by more than 100% sometimes more than 200%.

    Value, demands for their products in the near future and in the long run and future earings are more important for me.

    Then there is another important factor. When there is a shortage in something then we can see there will be more demand in the future. Currently there is a shortage in Global tea inventory and shortage in chicken products in South Asian countries

    We have to keep eye on fundamentally sound stocks with breakouts on new high. They will advance rapidly in the near future. We must never sell these types of stocks.

    BALA has attractive value. On valuation should go up rapidly.

    RAJ Ratnam bought and sold BALA In the past. When he saw value, he bought the share. I heard about he was about to buy BFL as well. Who knows once he come back to CSE he will buy BFL aggressively.

    As I said earlier, there should be reason to buy and sell stocks. If we see fundamentals are going to become weak and if we see another stock with great potential, then we should dispose part of our current holding and then we should go for it. Otherwise, we should keep them as long as fundamentals are strong.

    Still I think #BALA is the number one Tea Plantations Company
    #BFL is the number one Food Farm Company in Sri-Lanka.

    I am more bullish on these two stocks now.

    More about #BFL

    They have characteristics of Aggressive Growth, Growth & Income, Momentum, and Value and they will outperform broad market in 2010 and 2011

    Synergy with Cobb Vantrees Global leader in Poultry

    Have concentrated in on the core business very well

    Took timely action to dispose non-productive areas

    The management have a determination to continue to develop products and process

    Companies have an above average sales organization

    They have good cost analysis and account control-They are consistently winning awards for their accounts from Institute of chartered accountant of Sri-Lanka

    They are not issuing new shares and right issues frequently

    After turnaround, they made profits for the last two years
    So far, current year has announced above average and better than expected results.

    They can produce Cobb boiler chicks : the world’s most efficient broilers locally now and it will improve their bottom line and will enable them to maintain their strong position in the market as the preferred and leading supplier of broiler day-old chicks.

    When they start to expand their market, products BFL will become one of the most sought after stock in the CSE.

    I think in the current financial year they are in a position to increase earnings, , growth and Cash position in addition to attractive ROE and good financial ratios. It will become more undervalued.

    They have limited commercial operation in maize and they are hoping to
    Commence full-scale maize production in the medium term in their land including company land in Trincomale District according to their latest annual report.

    Already they commenced their export and sometimes they will have export orders from Bangladesh as well due to decision to import chicken product from bird flue free country.

    They will have to supply chicken products not only to the local market but also to local and foreign tourist market and export market now. Currently more than 500 local tourists visit daily to Jaffna. What about other cities such as Trincomale, Manner and other north and east cities. They will have to supply chi ken products to north and east as well. This is the reason for slight shortage in chicken and egg in Sri-Lank. There is more demand than supply now. Eventually prices will go up.
  • [Updated] Does anyone think th... reply from MarketWatch, 8 Feb 10
  • Rehan. Happy to hear. I can remember when #DOCK was trading around Rs.120/- some thought it is overpriced. Investors and traders should think about future earnings and growth.

    I think members who invested in #DOCK must be very happy now. Then #BFL when it is trading below Rs.20/- even one top experienced top trader disposed it and he kept #GRAN. What happened?

    Nobody even top global investors cannot win all the time in the market. However, once we find real hidden gems we can beat the market. There will be some hidden gems in the CSE during next 12 months. We have to keep eye on those stocks now.
  • [Updated] Will there be rally ... reply from hdasoka, 6 Feb 10
  • I think most of the above you mentioned shares have further upside potential. specialy #JKH , #samp , #NDB, #Spen, #comb, shares are attractive ones for the foreign investers and have good future earning potential. also #Dock will show big earning for the last finacial year.
  • [Updated] Plantation reply from MarketWatch, 31 Jan 10
  • More about market rally ;( some rally was small and some was very strong) _

    1.Initially, we had rally in stocks such as #JKH, hotel stocks etc. JKH has gone up from Rs.60/- to Rs.180. Some hotel stocks have appreciated by more than 200%

    2.Then we had rally in banking and insurance stocks such as #NDB, HNB, COMB, NDB, HASU, MBSL etc.

    3.After that we had rally in #DOCK, SPEN, DIST,CHMX,CFIN,LFIN,COCO,CIC, LINV ETC

    4.In between, we had strong rally in selected land and property sector such as CHOU, LINV, LCEM, GREG etc. GREG is still rising.

    5.Recently we saw beginning of rally in selected undervalued counters including undervalued hidden gems. Eg:. #BFL

    6.Finally, plantation sector just started their rally.

    7.In the mean time, we can see strong price movements in selected speculative counters with poor fundamentals.

    It is our choice: Where to put our money intelligently. WE should keep our money in undervalued counters with attractive fundamentals. There will be strong demand for selected products in both local market and export market in 2010.

    In short, Fundamentals will drive the market in 2010. Future earnings are more important than past earnings. Some neglected subgroups and stocks will have biggest growth in their business life during next five years.

    Following sub groups will have more activities in 2010. These groups will have growth during next five years as well.

    Tourism

    Agri- Business sector (Selected Food processing companies will have more potential than others)

    Tea sub group should benefit most in the plantation sector due to global inventory shortage at least in the first half of this year. If drought start in Kenya this year tea prices will go up rapidly. Three will be record prices for tea and coffee.
  • [Updated] #LCEM wat price will... reply from MarketWatch, 31 Jan 10
  • More about market rally ;( some rally was small and some was very strong) _

    1.Initially, we had rally in stocks such as #JKH, hotel stocks etc. JKH has gone up from Rs.60/- to Rs.180. Some hotel stocks have appreciated by more than 200%

    2.Then we had rally in banking and insurance stocks such as #NDB, HNB, COMB, NDB, HASU, MBSL etc.

    3.After that we had rally in #DOCK, SPEN, DIST,CHMX,CFIN,LFIN,COCO,CIC, LINV ETC

    4.In between, we had strong rally in selected land and property sector such as CHOU, LINV, LCEM, GREG etc. GREG is still rising.

    5.Recently we saw beginning of rally in selected undervalued counters including undervalued hidden gems. Eg:. #BFL

    6.Finally, plantation sector just started their rally.

    7.In the mean time, we can see strong price movements in selected speculative counters with poor fundamentals.

    It is our choice: Where to put our money intelligently. WE should keep our money in undervalued counters with attractive fundamentals. There will be strong demand for selected products in both local market and export market in 2010.

    In short, Fundamentals will drive the market in 2010. Future earnings are more important than past earnings. Some neglected subgroups and stocks will have biggest growth in their business life during next five years.

    Following sub groups will have more activities in 2010. These groups will have growth during next five years as well.

    Tourism

    Agri- Business sector (Selected Food processing companies will have more potential than others)

    Tea sub group should benefit most in the plantation sector due to global inventory shortage at least in the first half of this year. If drought start in Kenya this year tea prices will go up rapidly. Three will be record prices for tea and coffee.
  • [Updated] Plantation reply from MarketWatch, 30 Jan 10
  • I give below answers given to question. LCEM

    Bundara:

    If I can identify a company with a great potential, less risk, at least they have a protected and segment market in a weak economy conditions, if they have less debt, good current ratio plus other positive factors including better financial ratios (future ratios are more important for me), market trend, crowd, ability to expand market, growth, strong balance sheet etc then I will put my all eggs into one basket.

    Few companies that you mentioned also very good companies and we should have put all our eggs there.

    We cannot win the market all the time. Similarly, we cannot identify all the strong bull stocks in advance. Remember we do not have research team. Still if we can do some study we can identify at least some hidden gems before hedge fund and other funds recognize them.

    Can you post detail of recent results of RHL profit and loss account? There balance sheet etc. It is not clear in the CSE.

    I will try to post some undervalued counters once companies announce their results.

    Both #BALA and #BFL are my few favorite companies among some selected companies in the CSE now. Initially I thought #BFL would export their products in the long run. They began their export much earlier than I thought. It looks like management has innovative ideas. We have to monitor their future developments.

    Take BALA. They have managed their cash and debt very efficiently and effectively. Look at some other other plantains companies. They have mountain of debt in their book
    They also have innovative ideas and better cost control system just as #BFL

    In short I like to put all my eggs if can identify stocks such as #NDB, #BFL, #DOCK and #BALA etc in advance. I think we will be able to identify some hidden gems during next 12 months.

    Bandara. Thank you for your answer.

    At different times, different stocks can go up and down.

    I agree that not only fundamentals but also other factors can change the market direction. There are different types of market players in the market.

    As I said earlier, market is not 100% efficient. If we cannot get at least 20% return annually then we should leave stock market immediately and should invest in safest Treasury bill market.

    Have you noticed some stocks without any fundamentals went up rapidly and then came down again? That is why we should not get caught in a pump. Some will pump and then dump.

    Therefore, it is better to invest and trade in fundamentally sound profitable companies with demand for their products. As long as there fundamentals are intact we should not worry much about price movement in the short run. Eventually they will go up once market recognizes them.

    Finally, we see some movement in the plantation sector. I mentioned about this rally in my previous question and answer.

    All time high during last plantiaon rally

    BALA Rs.71/-.
    Kota went to Rs.73.
    Mal went to Rs.68/-.
    Kgal went to Rs.69.50
    KVAL Rs.78/-
    ELPL Rs.140/-
    WATA all time high Rs.120/- . (This record price recorded last Friday)

    Above prices will not repeat again. We have to wait and see. Once different players, professional investors become active I think #BALA will outperform other plantations stocks in the near future.

    In short, some selected stocks in few sectors including plantation sector have come out of their base and they are ready for next big move. Their intermediate trend is up. In other word, their bullish trend is intact.

    Avoid stocks with more volatility now. These stocks can go up and down.

    However, some stocks will go up slowly, gradually and systematically by breaking their previous record prices in the near future due to attractive fundamentals. Some stocks will become ten baggars during next five years due to demand for their products, new markets including export market, new attractive products, attractive asset prices during next five years. Once I find this type of stocks, I will definitely put some eggs in this basket.
  • [Updated] #LCEM reply from MarketWatch, 30 Jan 10
  • Bundara:

    If I can identify a company with a great potential, less risk, at least they have a protected and segment market in a weak economy conditions, if they have less debt, good current ratio plus other positive factors including better financial ratios (future ratios are more important for me), market trend, crowd, ability to expand market, growth, strong balance sheet etc then I will put my all eggs into one basket.

    Few companies that you mentioned also very good companies and we should have put all our eggs there.

    We cannot win the market all the time. Similarly, we cannot identify all the strong bull stocks in advance. Remember we do not have research team. Still if we can do some study we can identify at least some hidden gems before hedge fund and other funds recognize them.

    Can you post detail of recent results of RHL profit and loss account? There balance sheet etc. It is not clear in the CSE.

    I will try to post some undervalued counters once companies announce their results.

    Both #BALA and #BFL are my few favourite companies among some selected companies in the CSE now. Initially I thought #BFL would export their products in the long run. They began their export much earlier than I thought. It looks like management has innovative ideas. We have to monitor their future developments.

    Take BALA. They have managed their cash and debt very efficiently and effectively. Look at some other other plantains companies. They have mountain of debt in their book
    They also have innovative ideas and better cost control system just as #BFL

    In short I like to put all my eggs if can identify stocks such as #NDB, #BFL, #DOCK and #BALA etc in advance. I think we will be able to identify some hidden gems during next 12 months.
  • [Updated] #CSEC reply from MarketWatch, 13 Jan 10
  • Yes still there are undervalued shares in the market.
    I think some stagnated stocks, neglected stocks and sectors will have rally sooner than later.

    Already momentum has started in the plantation sector. I think some companies in this sector will appreciate rapidly.

    Today #BFL announced their interim dividend and it looks like their cash position is improving faster than we thought. Generally they announce dividend after releasing annual reports. They have announced interim dividend much earlier this time.

    We can expect above average and better than expected results from companies such as #DOCK and #BFL in the current quarter.

    We have to keep eye on their future developments such as market expansion, demand for their products, new products, growth and earnings because there will be attractive capital gain.
  • [Updated] Time to keep eye on ... reply from MarketWatch, 6 Jan 10
  • It all depends on the market players.

    There are undervalued stocks including massively undervalued stocks. Some are fairly valued and some are over valued.

    Different investors have different expectations and some are paying premium price to acquire stocks such #JKH, #SPEN now.

    In case of stocks such as #DOCK and #BFL, investors expect above average results in the current quarter. If they announce better than expected results their stock prices could go up further. Fundamentals will drive the market in 2010.

    It look likes some undervalued, stagnated stocks such as #CFIN, #LFIN, #BALA and few plantations stocks are building their base and some are slowly moving up.

    In short it is better to invest in fundamentally sound stocks.

    Investors have overlooked some value stocks with great potential in the recent rally. There are some attractive stagnated stocks as well. Keep on eye on rubber and tea market.
    I think these commodity prices could go up further.

    These small and mid caps will have the greatest return in the future. Investors should rotate stocks and sectors now. Some undervalued stocks and sectors will outperform market during next six months.

    They are trading below the market P/E. In addition some will announce above average results, better than expected results in the current quarter.

    Some stocks have formed their intermediate and long term up trend. Therefore, pull back will make some great opportunities

    I appreciate if members mention about their stock picks so that other members can give their opinion with their experience and knowledge.
  • [Updated] How will the Cement ... reply from MarketWatch, 3 Jan 10
  • Cement, cable and ceramic sector will have above average growth in the long run and we can not expect growth in the near future. Therefore both tokyo and Lcem are long term play. We should not buy overvalued stocks.

    Only agriculture sector will benefit at the initial stages and thereafter we will see faster growth. It is estimated that the agricultural sector will command a higher growth rate in the future due to economic expansion.

    We should give more weight on companies in the Agriculture, Finance and transportation sectors.

    I think fundamentals will drive the market in 2010 and investors who adjust their portfolios with fundamentals will be able to generate higher returns in the New Year.

    Try to keep the best mix of securities while rotating sectors at the right time.

    Some analysts prefer following sectors now.

    Agriculture and agriculture related businesses
    Companies in the plantation sector,
    suppliers of agriculture
    Banking and Finance

    After agriculture sector,services sector such as insurance, banking, storage and transportation and tourism sector will benefit accordingly.


    Stocks to watch:

    #NDB
    #DFCC
    #BFL
    #LFIN
    #SPEN
    #BALA
    #DOCK
    #CFIN

    selected hotel stocks
    selected production stocks
  • [Updated] New to Stockit... lo... reply from MarketWatch, 30 Dec 09
  • Remember no company, group; sector is 100% risk free.

    I will give you some risks now.

    Fluctuations of interest rate and currency rate
    Demand and supply
    Market situation
    Country situation
    Global factors
    Wars
    Climate changes
    Cost
    Debt position etc.

    Some companies are better in cost control systems. They have less debt. Management has innovative ideas. They have ability to expand market, introduce new product ranges, new sub products etc. Some companies once they mature in their business they can make use of opportunities to the maximum level. Some will have attractive income sources just as #DOCK

    Future earnings are more important than past earnings.

    Some will have good records in the past. Still they can go bankrupt. We must able to identify future trend. Our friend is trend. There will be new leaders in their sub groups during next five years.

    Remember experienced and knowledgeable players have advantage over others.

    Stocks with higher earnings, growth, and higher demand for their products and services in the future especially for a longer period will have long term growth.

    Some companies have P/E ratio of over 150. These companies can call as overstretched. On the other hands they are over priced. I DON’T think they can improve their earnings in the future to maintain higher share price. Some have mountain of debt as well

    Current market P/E ratio is around 16.

    Even you can learn from the CSE web site as well.

    To my knowledge I mentioned few hidden gems such as #BFL, #HASU, #DIPD,#MBSL and #CHMX middle of this year and recently I said I see value only in #BFL,

    Now I see great value in #BALA as well. Why don’t you buy 100 shares of # BALA and then you can do some study? You can get some idea why it is going up or down time to time. I think we can see some new developments in the commodity market during next few months.

    Best Investment strategy:

    Invest in hidden gems
    Invest in massively undervalued companies going to make profits during next two quarters, next one year and next five years.
    Invest in neglected stocks
    Avoid crowded stocks
    Do not follow the crowd
    Avoid overpriced and over stretched stocks
    Invest in simple business you know very well

    Finally I have not done detail study on stocks that you mentioned. Base on my experience I think there are undervalued better stocks in the market now.

    #ACL will have demand for their products in the future. TWOD went up rapidly in the past due to buying of RAJ Rajaratnam. I don’t think Raj will buy this again. He will buy completely different stocks in the future.

    Actually your companies are some of the good companies available in the CSE. But we must make sure not to overpay for any overvalued and overstretched stocks.
  • [Updated] #TFC reply from MarketWatch, 22 Dec 09
  • I agree wtih sratna.

    Recently there was a pullback in the market.

    Investors who accumulated Stocks such as #DOCK, #BFL,#NDB, #DFCC, , #SAMP #BALA AND #LFIN etc have gained some capital gains now. These stocks could go up further in the coming months
  • [Updated] #TFC reply from MarketWatch, 22 Dec 09
  • I agree wtih sratna.

    Recently there was a pullback in the market.

    Investors who accumulated Stocks such as #DOCK, #NDB, #DFCC, #BFL,#BALA AND #LFIN etc have gained some capital gains now. These stocks could go up further in the coming months.
  • [Updated] Can we expect sidewa... reply from MarketWatch, 22 Nov 09
  • I think market timing will lose great opportunities. Different stocks will go up and down, appreciate and depreciate at different times. It all depends on the type of investor and trader. Some see great value in some stocks now. There are bull stocks in side way and falling markets.

    Eg: When SMLL was trading around Rs.12/- many did not want to invest when market was falling and when there was uncertainly (except few investors) Now it is trading around Rs.40/-.

    SEYB(X) was trading around Rs.8/- when market is falling and in sideway markets. . Now trading around Rs. 16/-

    Recently even some experienced investors invested in #ATL, #NDB, #DFCC, #DOCK and in few banks, finance, plantations stocks and food processing (agri-business) etc. I do not think they will just invest unless they see future value and growth.

    In addition, we cannot time to buy some sectors and those sectors can go up suddenly.
    Plantation is one such sector. We can expect higher tea prices due to global tea shortage from next month onwards. Therefore, some tea companies will benefit most.

    I think #BFL, #DOCK and #BALA will be able to announce better than expected results during next two quarters. They already announced better than expected and above average results in the current quarter. I can see great value in above three stocks now.
    Their balances sheets are strong when compare with their competitors. We can expect dividend as well.

    #NDB and #DFCC also doing well. Finance companies will benefit most due to lower interest rate. We have to keep eye on #LFIN #CFIN, #HAYC and other undervalued banking stocks as well.

    I think above companies and some hotel stocks should be in our portfolios during next 10 years. Some of the companies will have biggest growth in their business life during next five years. If we see long-term fundamentals are going to become weak then we should sell.

    In case of diversified companies, we should apply rotating investment strategy time to time during next 10 years. Some years some will do well and while some will have less impressive years. We should follow value approach when we buy diversify companies and we should sell them when they do over diversifications in the future. .

    In short, it is better to invest in massively undervalued stocks, overlooked stocks currently making good profits and going to make profits in the future.

    On other words, this is the time to invest in massively undervalued stocks with great potential.
  • [Updated] Can we expect sidewa... reply from rehan, 19 Nov 09
  • looking at the past few days it seems as if the market was undergoing some distribution though some stocks did buck the trend it would be interesting to see how long this sideways movement will continue. #DOCK and #SAMP were two that went up yesterday and not doing too bad today.
  • [Updated] [Updated] FDB: Updat... reply from MarketWatch, 16 Nov 09
  • Rehan I think this will be very useful for members. Thanks.

    I tried to download latest quarterly results of following companies.
    #DOCK can download.

    Sep Quarterly results of #BFL was not there.

    There is a problem in downloading SEP quarterly results of #BALA due to some error.

    I also noticed members could select companies in sector wise easily.
  • [Updated] Where will you put y... reply from rehan, 8 Nov 09
  • thanks for the list MW! Currently I'm trading #SAMP and #DOCK after you first mentioned them i think and after some research of my own, they truly are winners :)
  • [Updated] Does anyone see a tu... reply from MarketWatch, 4 Nov 09
  • I agree with Innam. The best time to buy is when everyone else is selling.

    More about markets

    Avoid over priced stocks appreciated more than 300% during last six months
    Buy aggressively massively undervalued stocks appreciated less than 50% during last six months
    Hold quality undervalued stocks with greatest potential not only next 12 months but also next five years
    Sell bubble stocks with extended P/E ratio
    Buy sectors going to benefit in the short run medium run and long run.

    I think some extremely overpriced stocks should come down to attract buyers.

    Investors now will have opportunity buy attractive stocks such as #HAYC, #DFCC, #COMB #DOCK and #HNB

    In addition, keep on eye on #BFL, #GRAN, #PABC and #LFIN

    In short, invest in undervalued stocks with great potential. I think we must think about buying #HAYC as well.

    Short term and medium term profit outlook for above companies are very good. Even some of the above companies have long-term potential as well.
  • [Updated] Why do we see more v... reply from MarketWatch, 28 Oct 09
  • Belpa,I don’t think I suggested this as a hidden gem. However, I knew there would be some potential in #LAMB when Innam posted this stock.

    By the way, today ex-dividend day we forgot that. Thank you Innam for your reply. However, Belpa their dividend rate is not that bad

    I mentioned following stocks as Hidden Gems long long ago:

    #BFL
    #HASU
    #CHMX
    #DIPD
    #MBSL

    All have gone up.

    #BFL will go up further during next six months. This is a real hidden gem. Net asset per share is around Rs.30/-.

    Among my latest addition, GRAN also will have upside potential sooner than later. Innm posted this stock when it was trading around Rs.12 just as LAMB. Most of the posted stocks gradually appreciating and I don’t think members have to worry much because they have invested in undervalued stocks and they should have considerable capital gain if they have invested by the time when our members posted in this forum.

    However, I suggest not to depend on other peoples tip and advice. It is better to do home work before invest in any stock according to the market situation.
    W
    e had so many problems during last two decades. Still we had some of the strongest bull markets in the world. We will have next biggest bull market sooner than later. We should have patient to reap benefits.

    I can remember I also mentioned following stocks as gems in one answer:

    #SAMP, #DOCK, # LLUB and AHUN
    Following two stocks will have greatest upside in the future:
    #LFIN
    # BFL

    More stocks to watch: We have do some study on following stocks posted by new members.

    # Royal Ceramics
    #MGT
    In addition, we have to keep eye on some blue chip stocks as well. I thought JKH will come down to Rs.125/. It went up today.
  • [Updated] HELLOW FRIENDS reply from MarketWatch, 24 Oct 09
  • I am not very good in analyzing this sector. Anyway, I can tell something about #ACL. They will have long-term growth depend on some external factors. I like to follow this particular stock in the future. I think they will have a growth.

    I just went through quick look on their balance sheet.
    Net asset per share: Rs.63

    They have more current asset than current liabilities. Their cash balance is not that bad. I think lower interest rate will benefit them to pay less interest for their short term and long-term loans. They have less loan term borrowing.

    With increased economic activities including tourism projects, construction and road developments, they will have demand for their products in the future.

    Following are some of the undervalued stocks.

    LB Finance- Massively undervalued
    #CFIN
    #BFL
    #GRAN
    #PABC

    Some banking stocks. Banking sector P/E around 10. Current market P/E around 14

    LB Finance has the best return on equity ratio in the financial sector. #PABC also has attractive return on equity ratio than other banks.
    Even #SAMP, #COMB, #DOCK and #HNB still their P/E ratio is less than 10. I think they will have at least another 50% rise in their stocks depend on some external factors during next 12 months. #JKH, #DFCC, #NDB, #SPEN, #DIST, LINV, GURD, #NESTLE, #DIAL ALL HAVE UPSIDE POTENTIAL.

    Finally, Pl don’t buy stock just because others tell you to buy including me. . Pl do some homework. If you can see profit growth and future fundamentals are good then you should buy. If you see fundamentals are weak then you should sell.

    I hope we can do some study in the future, which stocks to sell time to time if they become overvalued, and fundamentals become weak. Everybody will tell you to buy. However, nobody will tell you to sell. Now I think Watawala, Kelany Valley and Alpitiaya overvalued and we should sell now. Once they become attractive, fundamentals become strong, we should think about buying them

    Do not depend on other people’s advice. There are different types of players in the market.

    Invest in simple business and business that you know very well. If you know very well about #ACL and sector then it is better to concentrate on your sector. Concentrare more on hiddedn gems. I found several hidden gems from this forum posted by some members here. They are going to make profit not only next during next two quarters but also in the next five years.

    It is vey difficult to forecast three month horizon for #ACL. Because I was not following this stock much. I know some banks and companies in Agri-Business sector will announce impressive results due to favorable factors.
    You can also do some home work on stocks mentioned by Rehan,, Bandara, Pissa6666 and Innam and other members.. Some of their posting are great.

    Best of luck for your stock hunting.
  • [Updated] #DOCK bucking the tr... reply from MarketWatch, 20 Oct 09
  • Thanks Rehan. Yes, we have to keep our eye open to future leaders. In addition, some out of stocks will also shine sooner than later. I once mentioned #DOCK could become one of the future leaders. Isn’t it?

    Some stagnated stocks also will go up in the near future. For example, #LAMB went up suddenly. Even they declared attractive dividend. Thanks Innam for your posting.

    Some stocks will be able to declare attractive dividend during next six months.

    Stocks such as Watawala, Kelany Valley performed very well even during down market.
    These stocks went up without any hedge fund investment.

    Even now, we can identify this type of stocks in the CSE. Only few are following these types of stocks now.

    I think some contrarian investors will benefit most during next six months. They have invested in companies that are going to make profit not only during next six months but also during next five years.
  • [Updated] #DOCK bucking the tr... reply from MarketWatch, 20 Oct 09
  • It look like there will be strong demand for some stocks including #DOCK now.

    I noticed recently that there was some breakout for some stocks including some hidden companies.

    Particularly there will be demand for some out of favour stocks as soon as they announce their quarterly results.

    They are gradually passing all the resistance levels and these stocks will appreciate rapidly during next six months due to above average results, growth and value.

    By the way Rehan what about Vallibel Power Erathna (#VPEL)?

    http://www.lankabusinessonline.com/fullstory.php?nid=897829984

    Sri Lanka hydro power producer gets offer from US firm

    Oct 20, 2009 (LBO) - Asia Energy Management Systems Inc., a US-based firm, said it has offered to buy 160million shares or a 21.4 percent stake in Vallibel Power Erathna at five rupees a share
  • [Updated] VERY #GOOD SHORT TER... reply from bandara, 4 Oct 09
  • Market watch,
    This is what i,m wondering about. No body wants to share their ideas ,views, recommendations,through this service now ,except for very few like you & me, innam etc.Even Rehan is silent these days.This is the most exciting period of our share market.Many people are of the view that our market has reached its peak level now. this is a complete false statement to me.I can tell you that our market has the potential to go 5000 level without the support of foriegn investors. Now you see, still we can find plenty of companies that gives more than 10% to 12% divident yield. Now the trend in our country is that the bank rates are coming down.
    SAVINGS RATE = 4.5%
    1 MONTH F.D = 9%
    3 MONTH = 10% - 11%
    6 MONTH = 11% -12%
    1 YEAR = 11.5% -12.5%
    by end of december 09 there are reasons that 1month to 1 year rates to come down below 10%. That means simply allmost all sectors should perform well.Without any doubts market rally will lead by banks/finance, hotels, food & beverage, companies that have products for agricultural activities. Just think still how much under value our market is. Keep this in mind friends for eg. a hotel company making losses over 100 m.n p.a can bounced back from a very good quater.
    Only thing is people still cannot understand the current situation which comes after 30 years of civil war.Think about our country, it developed for the past 30 years ,but with the war.NOW THE WAR IS OVER.This is why most people think that market at 3000 level is a high level.They want corrections at these levels.But it can happen because market runs by very few people. But if we have inteligent investors still the market is a bargain to me. Just see #AHUN every day it is going up. When #DOCK at 100 / 120 Several top C.E.O.,S of our brocker firms said that it was an overvalued at that time.Poor investors paid the panalty.But at that time thoese people who knows the real value bought the share.When #CTC at 85- 100 it was an over valued position to many.but what happened? When #SAMP was at 70 -80 everybody recommends other banking counters, What happened. Now you saw #TESS was trading at Rs 1.6 friday.But #GLASS was at Rs 2.00 .Keep an eye on #GLASS .it make losses for the last year. But that was because of high finace costs.( Rs 658 m.n) This will reduce in future simply because now the rates are coming down.#VPEL trading at 4.40 with a divident of cents.25 ,Which gives a divident yeild of over 12%. When analysing these three shares my idea is that if #TESS IS trading at 1.6 #GLASS should trade well above Rs 3.00.#VPEL should trade well above Rs 5.00. So friends we have to anlyse the market by our selves and we have to share the ideas as well. Thats why i used to post comments here.Please use this forum to share your idea /recommendaions. This forum will help us to form an investor group/cluster, so that we can some times controll the price of a share or two if we have buying power who knows?. Rehan for this ofcourse you can get a fee or something from us. I now that these type of facilities are available in developed countries.
    Thanks.
  • [Updated] #CINV 20% share buy-... reply from rehan, 11 Sep 09
  • True, given that the market rallied strongly during the beginning half of the week we saw some profit-taking yesterday and possibly today as the stocks like #SAMP, #CINV and #DOCK haven't moved at all today.

    But do think their time is over and investors should rotate stocks? Already?

    Even given the tremendous buying pressure we saw in the stocks earlier this week?

    Thanks.
  • [Updated] What's the story wit... reply from pissa6666, 28 Aug 09
  • In the absence of any other market intelligence, from the figures, I feel #DOCK has reached it's peak. In the last few days, I find a bull run in high dividend yielding shares like #CTC,#LLUB and #DOCK too.This may be an overriding reason for the increase!
  • [Updated] #SERV - Hotel Servic... reply from amanathilake, 25 Jun 09
  • Hey chap, Nizam can you tell us what are those 3 companies? Please...........
    I can guess two 1 must be #BFL other 1 may be #DOCK (you told me before).......not the 3rd one. (sometimes it may be #TAFL or #GRAN)

    So, #SERV......
    They splitted the share 10 for 1 basis last month when it trading around 150 /=(140-170). According to me the reason must be lack of liquidity.

    Ceylon Continental Hotel situated in a high security zone, but we cant argue that because, then what about #GHLL (Galadari), #TAJ, Hilton (Hotel Developers), TransAsia.....I know it's a big problem when comparing to resorts and other city hotels, but we must basically compare with others which have similar status. Not with beach hotels and resorts.

    Anyway i'm not defending #SERV, I just want to know the reason why it's not moving.

    There must be a upside movement of #SERV share price soon. so We'll wait n see.

    Amane
  • [Updated] What will the hottes... reply from amanathilake, 25 Jun 09
  • These sectors have a long way to go.........
    ----------------------------------
    Hotel & Travel - Tourism has a long way to go. Select few undervalued good hotels and invest, but it's a long term play. Cancellation of global travel advisories is vital for further BIG move...
    Sri Lanka "the small miracle" has a story to tell the world.

    ------------------------------
    Construction - CSE's C&E sector has few companies but there are so many construction related companies here.

    #DOCK - not so attractive, they are solely engaged in shipping and engineering related businesses, but there's big downturn in this sector because global recession. If we want to make good return from #DOCK we have to wait for a long time until the end of global recession...After a long time #DOCK will give u a massive return. But there are many other picks which can give u returns earlier than #DOCK.

    Cement
    We have only 2 companies.
    #LCEM. - if KKS factory begin, a huge boom can be expected.
    #TKYO.N0000 - Now the war is finished. Huge infrastructure development in North East can be expected. Every construction, rehabilitation, development project needs Cement. It's a must for that industry. And also we must not forget that there a program in rural areas to concrete all the roads. It's going on very successful manner. All these projects are based on cement. Sri lanka's cement supply is very much less than the real demand now. And also we have very limited number of cement companies. #TKYO.N must be a good player in the market soon. It's still not performed in the market.
    ##TKYO.X (non voting) - still interesting with 2% dividend of share price.
    Thanks Bandara you also remind me about it few days back. I bought, when it at 11.00. I think ur next pick #LITE will on the move soon!!!!!

    Tiles - There's matter with global downturn, EXPORTS, but not yet performed.

    Cables - A tremendous potential inside, #KCAB is far away now, it's gone. But the mother company #ACL which has a market share about 80% still not moved that far. Very very attractive at 48-49/=.
    -------------------------------
    Agriculture -
    After the war this is the sector which stands like the Phoenix before any other.
    "We should stick to the basics when investing."
    #CIC - if you think for long term pick, this is the most suitable. No comparisons. #CIC is not yet performed on their full capacity according to me.
    #LCEY - Lankem Ceylon - I posted about this before. "Thanks again, Chabitha" it's a very attractive pick at current price levels 38-40/=.
    "BUY" at once, just after the selling pressure going now.

    Dairy - #LAMB - not yet performed well. Huge potential inside. Share value must be around 22/= . But trading price is around 13/=
    Nestle

    Poultry - #BFL, #TAFL, #GRAN, #CIC

    --------------------------
    Trading - A major boom with A9 road free transportation of goods.
    #BRWN - Still attractive
    #TESS - very attractive at current price levels. 0.90-1.00, few days back GOV lifted the ban on fishing. And tess is engaged in agriculture too. A very good company to invest. Huge potential to grow in medium and long term.

    Good Hunting!
    Amane
    --------------------------------------------
    Just feel free to comment.........