The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» අනං මනං! #/+?.<>
Today at 2:31 am by Yin-Yang

» Happy Birthday
Yesterday at 5:37 pm by pathfinder

» ලංකාවේ සංචාරය නිසා බ්‍රිතාන්‍ය මන්ත්‍රීට පාර්ලිමේන්තු තහනමක්
Fri Jul 20, 2018 10:28 pm by Ethical Trader

» Dividend Announcement
Fri Jul 20, 2018 2:03 am by nihal123

» Should CSE be like this? Whose FAULT is it?
Thu Jul 19, 2018 5:05 pm by Ethical Trader

» සදහම් හඩ
Thu Jul 19, 2018 6:53 am by Ethical Trader

»  Woman finds frog parts in her packet of 'kottu'
Tue Jul 17, 2018 5:21 pm by Ethical Trader

» Debenture issues
Sat Jul 14, 2018 10:34 pm by Danidu

» Quick Checklist for Selecting a Stock
Sat Jul 14, 2018 11:42 am by slstock

» Hello and CSE ?
Fri Jul 13, 2018 10:05 am by slstock

» Films - To Watch List
Fri Jul 13, 2018 8:15 am by yellow knife

» කොටස් වෙළෙඳපොළේ ආයෝජනයේ දී දේශපාලන සබඳතා අනාවරණය අනිවාර්යයි
Thu Jul 12, 2018 9:02 pm by spw19721

» ගුහාවේ සිරවී සිටින දරුවන් පිටතට ගෙන්න මාස 04 ක් ගතවෙන ලකුණු
Wed Jul 11, 2018 7:43 am by serene

» කොළඹ කොටස් තවමත් අවුරුදු 8 කට කලින් තිබුණු තැනමයි
Wed Jul 11, 2018 7:37 am by serene

» 2018 ජූනි මාසයේ ඩොලර් මිලියන 434.53 කින් දී සංචිත වැඩි වුණේ මෙහෙමයි
Tue Jul 10, 2018 4:00 pm by Ethical Trader

» නිවාඩුවට රට යනවාටත් බද්දක්. සියලු වාහන හිමියන් බදු ගෙවිය යුතුයි – දේශීය ආදායම් කොමසාරිස්
Mon Jul 09, 2018 5:49 pm by Ethical Trader

» අටවන වරටත් ශ‍්‍රී ලංකාවේ හොඳම බැංකුව ලෙස ෆයිනෑන්ස් ඒෂියා කොමර්ෂල් බැංකුව තෝරාගනී July, 7, 2018
Mon Jul 09, 2018 11:53 am by nihal123

» ETI මිල දී ගන්නේ සිංගප්පූරු – ශ්‍රී ලංකා හවුල් සමාගමක්
Mon Jul 09, 2018 7:57 am by serene

» සුළු හා මධ්‍ය පරිමාණ ව්‍යවසායකයින් වෙනුවෙන් කොළඹ කොටස් වෙළෙඳපොළේ EMPOWER පුවරුව දියත් කෙරේ
Fri Jul 06, 2018 9:26 pm by Ethical Trader

» Sri raises fuel prices, future revisions weekly
Fri Jul 06, 2018 6:35 pm by Ethical Trader

» Sri Lanka holds rates, amid external jitters
Fri Jul 06, 2018 10:35 am by Ethical Trader

» Sri Lanka rupee weakens, stocks gain 1.22-pct
Fri Jul 06, 2018 10:34 am by Ethical Trader

» Sri Lanka's SMEs get chance to raise equity on liberalized board
Fri Jul 06, 2018 8:07 am by The Invisible

» Yahoo බිඳ වැටෙයි
Thu Jul 05, 2018 6:42 pm by Ethical Trader

» මුල් මාස 06 දී ලක්ෂ 11 ½ ක සංචාරකයින් ඇවිත්
Thu Jul 05, 2018 6:41 pm by Ethical Trader

» ධම්මික ශ්‍රී ලංකාවේ මුල් වරට Artificial Intelligence යොදා ගත් අධ්‍යක්ෂ මණ්ඩල රැස්වීමක් කැඳවයි
Thu Jul 05, 2018 8:01 am by serene

» තව වසර 3 කින් කොළඹ ඒක පුද්ගල ආදායම ඩොලර් 12,650 යි
Wed Jul 04, 2018 5:39 pm by Ethical Trader

» රාජපක්ෂ ආධාරකරුවන් ශ්‍රී ලංකාවේ මාධ්‍යවේදීන් බියවැද්දීම වැරදියි - New York Times
Tue Jul 03, 2018 5:32 pm by Ethical Trader

» කොමර්ෂල් බැංකුවට නව කළමනාකාර අධ්‍යක්ෂවරයෙකු සහ ප‍්‍රධාන මෙහෙයුම් නිලධාරියෙකු පත්කෙරේ
Tue Jul 03, 2018 5:27 pm by Ethical Trader

» Sri Lanka's ETI Finance able to settle small depositors if liquidated
Mon Jul 02, 2018 5:30 pm by Ethical Trader

» Cartoon of the day...
Sun Jul 01, 2018 9:10 pm by pee ratio

» උදයංග වීරතුංගට "ස්වේච්ඡාවෙන් ගමන් යන්න බැහැ"
Fri Jun 29, 2018 5:19 pm by Ethical Trader

» Sri Lanka s state hotel sales to go ahead next month: Finance Minister
Fri Jun 29, 2018 5:14 pm by Ethical Trader

» මාස 02 කදී කොටස් වෙළෙඳපොළ සියයට 4 කින් කඩා වැටිලා
Thu Jun 28, 2018 5:59 pm by Ethical Trader

» කොටස් වෙළෙඳපොළේ ආයෝජන ඉවත් කර ගැනීමට ජාතික ඉතිරිකිරීමේ බැංකුව යෝජනා කැඳවයි
Thu Jun 28, 2018 11:14 am by Ethical Trader

» සුරන්ගනීට මාලු ගෙනාවා - FIFA - Russia - 2018
Mon Jun 25, 2018 11:29 am by Ethical Trader

» Enterprise Sri Lanka to give extra credit support for women, disabled soldiers
Sun Jun 24, 2018 8:42 pm by sashimaal

» HUNA.N0000
Sat Jun 23, 2018 11:42 am by pjrngroup

» 2018 මැයි මස උද්ධමනය සියයට 2.1 ක් දක්වා ඉහළට
Sat Jun 23, 2018 8:31 am by Ethical Trader

» Laughter the Best Medicine
Fri Jun 22, 2018 8:11 pm by nihal123

» Sri Lanka is recovering, Central Bank threat looms: Bellwether
Fri Jun 22, 2018 10:20 am by The Invisible

» Sri Lanka's new forex law gets IMF thumps up
Fri Jun 22, 2018 10:16 am by The Invisible

» EU slaps tariffs on US as trade war erupts
Fri Jun 22, 2018 10:14 am by The Invisible

» Top monk asks Sri Lanka’s ex-defence chief to return as ‘Hitler’
Fri Jun 22, 2018 10:12 am by The Invisible

» May inflation at 2.1%
Fri Jun 22, 2018 2:06 am by sashimaal

»  මෙරට විශාලම ආයෝජනය වන හම්බන්තොට වරායේ අවසන් ආයෝජන මුදල වරාය අතට බාර දෙයි
Thu Jun 21, 2018 4:59 pm by Ethical Trader

» CCS.N0000 ( Ceylon Cold Stores)
Thu Jun 21, 2018 4:56 pm by Ethical Trader

» HHL.N0000 ( Hemas Holdings PLC)
Thu Jun 21, 2018 4:48 pm by Ethical Trader

» රුපියල තවදුරටත් පාවීමට ඉඩහැරිය යුතුයි - ජාත්‍යන්තර මූල්‍ය අරමුදල
Thu Jun 21, 2018 7:46 am by serene

» රජයේ සුරැකුම්වලින් රුපියල් බිලියන 2.7 ක විදෙස් ආයෝජන සතියක් තුළ දී ඉවතට
Wed Jun 20, 2018 9:11 am by serene

July 2018
SunMonTueWedThuFriSat
1234567
891011121314
15161718192021
22232425262728
293031    

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

AP Technical Analysis Report - July 2017

Go down

AP Technical Analysis Report - July 2017

Post by Danidu on Fri Jun 30, 2017 10:38 pm

Highlights ….

All Shares Index (6704) consolidated after witnessing two continuous months of upside rally. Presently the index trades near its previous top of 6800-6850 levels which is expected to act as an important resistance. A breakout above this zone will lead to new uptrend in the index.  As mentioned in our previous months report  we would like to maintain our target of 7000-7250 index on an immediate basis (next 2-3 months).

BUY           AVOID
JKH
TJL             NDB
EXPO          OSEA
HNB            LGL
LLUB           DFCC
AEL             HEXP
GRAN

https://drive.google.com/open?id=0B2PpLi1dOl2WQzY1VGFCXzFVclU

Danidu

Posts : 242
Join date : 2015-09-03
Age : 37
Location : Welisara

Back to top Go down

Re: AP Technical Analysis Report - July 2017

Post by slstock on Sat Jul 01, 2017 1:27 am

Thank you Danidu.

Good to see you back here for the long silence.

_________________
Never listen to anyone including myself without your own study. Only few truly genuine people exist in this world.
Please read : http://forum.lankaninvestor.com/t1548-important-warning-and-message
---------

If someone finds an Avatar of me in cyberspace commenting and you are unsure, Keep asking deeper questions until you are satisfied to distinguish between the Real and the Avatar. The real answers questions directly and deeply Wink

---------
avatar
slstock
Veteran
Veteran

Posts : 5179
Join date : 2014-06-12

Back to top Go down

Re: AP Technical Analysis Report - July 2017

Post by Future123 on Sat Jul 01, 2017 4:21 pm

Thanks Danidu.

Out of the buy recommendations, I will avoid LLUB as their profits are coming down due to:
1) Heavy competition and lower Gross profit and EPs
2) As per the revised tax policy, the WHT on dividends will be increased from 10% to 14%. People buy LLUB mainly for dividends and this will not be attractive at current prices due to possible lower dividend pay out.
I sold my LLUB above 175/= few months ago when I first heard about the government's plans to increase dividend taxes and it was a correct decision by me.

Future123
Active Member
Active Member

Posts : 1435
Join date : 2014-04-09

Back to top Go down

Re: AP Technical Analysis Report - July 2017

Post by කිත්සිරි ද සිල්වා on Sat Jul 01, 2017 5:13 pm

Thanks Danidu.
(Can EXPO be trusted ?)
avatar
කිත්සිරි ද සිල්වා
Top contributor
Top contributor

Posts : 7286
Join date : 2014-02-23
Age : 60
Location : රජ්ගම

Back to top Go down

Re: AP Technical Analysis Report - July 2017

Post by CK on Sat Jul 01, 2017 5:45 pm

LLUB may be the best dividend payer in CSE. So increase in WHT is not a reason to sell it. And due to that reason should we sell good dividend payers?
Other hand every business have competition and great companies know how to overcome them.
Dear future123, it's ok you sold your llub quantity. But it's not a valid reason to demote that. If you still holding it, you will never say like this.
Disc: Not holding
avatar
CK
Active Member
Active Member

Posts : 1192
Join date : 2015-11-01

Back to top Go down

Re: AP Technical Analysis Report - July 2017

Post by Danidu on Sat Jul 01, 2017 7:39 pm

LLUB is my favorite one with good dividend yield and I believe that they can continue this. Also I think, the price will come down bit due to Tax increases and continue foreign selling, LLUB has good export market to Bangladesh, Maldives...

Dear Kith, I can see there is good one than EXPO in the same sector. it is SPEN, After my small study I think SPEN is at bottom now and it can reach high slowly with performance, already witness with good EPS this year. (Just wondering What happened to HHL, Remember, no one talk about HHL when it was 80-90 level, I missed it. Now it is too late)

Disc:- Holding

Danidu

Posts : 242
Join date : 2015-09-03
Age : 37
Location : Welisara

Back to top Go down

Re: AP Technical Analysis Report - July 2017

Post by කිත්සිරි ද සිල්වා on Sat Jul 01, 2017 8:50 pm

Thanks.
(With some of their past activities in mind, I was thinking loud about the EXPO counter.
I hold none of this counter but LLUB yes and I have no intention of letting it go anytime soon).  Very Happy
Danidu wrote:LLUB is my favorite one with good dividend yield  and I believe that they can continue this. Also I think, the price will come down bit due to Tax increases and continue foreign selling, LLUB has good export market to Bangladesh, Maldives...

Dear Kith, I can see there is good one than EXPO in the same sector. it is SPEN, After my small study I think SPEN is at bottom now and it can reach high slowly with performance, already witness with good EPS this year. (Just wondering What happened to HHL, Remember, no one talk about HHL when it was 80-90 level, I missed it. Now it is too late)

Disc:- Holding
avatar
කිත්සිරි ද සිල්වා
Top contributor
Top contributor

Posts : 7286
Join date : 2014-02-23
Age : 60
Location : රජ්ගම

Back to top Go down

Re: AP Technical Analysis Report - July 2017

Post by Future123 on Sat Jul 01, 2017 11:47 pm

If someone bought LLUB much lower before the split then it's really worth keeping it. I used to trade LLUB and I think I bought around 155/= and saw some research report about competition and the liberalization of oil market then didn't want to take a risk. Further, depreciating rupee also another threat for import companies. Think it was a correct decision selling.

Last quarter profit also dipped by 17% due to the above reasons. I will definitely buy if it comes to 155/= or below but I highly doubt it. LLUB is one of my favourite counters.

All these are temporary issues for LLUB. Their management is superb and they will overcome any short term issues swiftly. Might reenter if I can get the correct price or any big positive news come for the oil industry.

About SPEN - Trading at a very attractive price. There is a huge foreign selling mainly from HSBC international nominee funds (about 6 funds). Don't have any idea when the selling is going to be over. Also I noted that SPEN made 42% of the profit in last quarter. Better wait and see the next quarter too. Better buy slowly for long term since SPEN is trading at a very attractive price.

Note: Please do your own research before making any buy/ sell investment decision.


CK wrote:LLUB may be the best dividend payer in CSE. So increase in WHT is not a reason to sell it. And due to that reason should we sell good dividend payers?
Other hand every business have competition and great companies know how to overcome them.
Dear future123, it's ok you sold your llub quantity. But it's not a valid reason to demote that. If you still holding it, you will never say like this.
Disc: Not holding

Future123
Active Member
Active Member

Posts : 1435
Join date : 2014-04-09

Back to top Go down

Re: AP Technical Analysis Report - July 2017

Post by slstock on Mon Jul 03, 2017 11:30 am


_________________
Never listen to anyone including myself without your own study. Only few truly genuine people exist in this world.
Please read : http://forum.lankaninvestor.com/t1548-important-warning-and-message
---------

If someone finds an Avatar of me in cyberspace commenting and you are unsure, Keep asking deeper questions until you are satisfied to distinguish between the Real and the Avatar. The real answers questions directly and deeply Wink

---------
avatar
slstock
Veteran
Veteran

Posts : 5179
Join date : 2014-06-12

Back to top Go down

Back to top


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