CFVF,ESL - Sell or Hold

My cost of CFVF is 38.40, ESL 39/=.
Today I was confused whether to sell and realized profit and finally I didn't sell.
I feel These two shares are overheated now. I like to ask from this forum is it a good idea to keep these shares more or sell and realize profit ?

mymoney wrote:My cost of CFVF is 38.40, ESL 39/=.
Today I was confused whether to sell and realized profit and finally I didn't sell.
I feel These two shares are overheated now. I like to ask from this forum is it a good idea to keep these shares more or sell and realize profit ?

If u are happy with your profit, You always have to book the profit. I bought ESL @ 22.50 and i sold it Rs.33 I was very happy with the profit of 50% within a very short period,then i exited. Now ESL went up to Rs.49, I don't mind as far as other counters are making me good profit.

mymoney wrote:My cost of CFVF is 38.40, ESL 39/=.
Today I was confused whether to sell and realized profit and finally I didn't sell.
I feel These two shares are overheated now. I like to ask from this forum is it a good idea to keep these shares more or sell and realize profit ?

Sell part of your holdings & wait for the next run. Why can't they go beyond for 50.00-60.00?? I got some CFVF very lately @ 43.10. So I will be waiting.

I am no expert but better to know "How much is not too less" here.
You seem to have no confidence in those shares (reading your comment), So I say exit with profit and reinvest elsewhere where you have confidence.
(CFVF gives me almost 90 % appreciation and I am ready to wait little longer).

mymoney wrote:My cost of CFVF is 38.40, ESL 39/=.
Today I was confused whether to sell and realized profit and finally I didn't sell.
I feel These two shares are overheated now. I like to ask from this forum is it a good idea to keep these shares more or sell and realize profit ?

Im waiting till the next quater results.

malan 100 wrote:Im waiting till the next quater results.

Same here mate unless something significant happens.

My advice is to hold

hold until next year June, you will not regret.

Sell after that and go for a vacation.

Everybody expect to see a good profit in coming reports due to prevailing conditions.

Hence this trend will continue - with some up downs- until we see the reports at the end of OCT .
If the results tally with our expectations it will create a strong foundation to go further up  and the +ve trend will continue until year end, march 2015. That means next Sinhala Avurudu - Weask time.

For CFVF I expect 12.50- 17.50 Y/Y EPS.

They split it last time when It reached 75/- (?) . Most interesting thing is that , not like BFL, KGAL or many other stocks, the buyers at peak were not put down by CFVF.

Last time I bought it around 9/- * and sold around 65/-.
The people who bought from me @ 65/ - now have 3 shares reaching 50/-
i.e. 150/-

Note: I have no ESL, did not touch or study it  

* - when they reduced the stated capital to start a fresh journey, people mistook it as a bad signal and hurriedly started selling it at @ around 9/-,  5 years ago.

chinwi wrote:Everybody expect to see a good profit in coming reports due to prevailing conditions.

Hence this trend will continue - with some up downs- until we see the reports at the end of OCT .
If the results tally with our expectations it will create a strong foundation to go further up  and the +ve trend will continue until year end, march 2015. That means next Sinhala Avurudu - Weask time.

For CFVF I expect 12.50- 17.50 Y/Y EPS.

They split it last time when It reached 75/- (?) . Most interesting thing is that , not like BFL, KGAL or many other stocks, the buyers at peak were not put down by CFVF.

Last time I bought it around 9/- * and sold around 65/-.
The people who bought from me @ 65/ - now have 3 shares reaching 50/-
i.e. 150/-

Note: I have no ESL, did not touch or study it  

* - when they reduced the stated capital to start a fresh journey, people mistook it as a bad signal and hurriedly started selling it at @ around 9/-,  5 years ago.

Hello Chinwi, It is great to know you have calculated cfvf EPS as 12.5-17.5. Could you please tell me how you came out with this figure? It will help us to understand or apply ur technique in future. I hope u didn't multiply this qtr results by 4 as ur expected earning is high....

chinwi wrote:Everybody expect to see a good profit in coming reports due to prevailing conditions.

Hence this trend will continue - with some up downs- until we see the reports at the end of OCT .
If the results tally with our expectations it will create a strong foundation to go further up  and the +ve trend will continue until year end, march 2015. That means next Sinhala Avurudu - Weask time.

For CFVF I expect 12.50- 17.50 Y/Y EPS.

They split it last time when It reached 75/- (?) . Most interesting thing is that , not like BFL, KGAL or many other stocks, the buyers at peak were not put down by CFVF.

Last time I bought it around 9/- * and sold around 65/-.
The people who bought from me @ 65/ - now have 3 shares reaching 50/-
i.e. 150/-

Note: I have no ESL, did not touch or study it  

* - when they reduced the stated capital to start a fresh journey, people mistook it as a bad signal and hurriedly started selling it at @ around 9/-,  5 years ago.

Thanks Chins.

stocks hunter wrote:

stocks hunter wrote:
ESL mainly engaged in the buying and selling of Govt bonds/bills. They managed to report improved profits due to the  continuous decline in interest rates of Govt bonds/bills. Profits were reported as at 30/06/14. However after 30th June until last week end we observed further decline in Govt bonds/bills. By now we have passed half of the month of August & we have another  full month(September) to complete the Sep Q 14. On that ground we can assume that the company results in Sep Q 14 will also be healthy. In a scenario like that one can expect the ESL to test previous high of Rs81.

.

Watch out - ESL and CFVF will out perform the market in the future

Still we have 6 days to go to complete the SEPQ14. Did anyone notic upward movement in T. BONDS/BILLS. so in conclusion these two should report improved profits for the sep Q as well. Any arguments?

Why CFVF ran?

This was rather inflated by brokers.. When I ask my broker whether CFVF is a good buy? He said, "Yes" it is a recommended share. I think they follow this site.. So he added, as long as the rates are low they will report a good next qtr hence price will increase, there's nothing wrong in parking.
Also many are bullish on a hefty dividend.
But I'm a trader nuh?? So parking for a months is my problem if I only see a 10-15% run. At least if I park this till October results, then if I can have more than 30%, that's a good scene.

On a positive note, there is hope towards better EPS as Chinwi and others pointed out.. On top of that, an announcement of a hefty dividend can take this to news highs... By any chance if this goes to 70s and they do split, this can be awarded "GEM" status.

So I guess we will have to wait. I now only have 1000 shares left.

chinwi wrote:Everybody expect to see a good profit in coming reports due to prevailing conditions.

Hence this trend will continue - with some up downs- until we see the reports at the end of OCT .
If the results tally with our expectations it will create a strong foundation to go further up  and the +ve trend will continue until year end, march 2015. That means next Sinhala Avurudu - Weask time.

For CFVF I expect 12.50- 17.50 Y/Y EPS.

They split it last time when It reached 75/- (?) . Most interesting thing is that , not like BFL, KGAL or many other stocks, the buyers at peak were not put down by CFVF.

Last time I bought it around 9/- * and sold around 65/-.
The people who bought from me @ 65/ - now have 3 shares reaching 50/-
i.e. 150/-

Note: I have no ESL, did not touch or study it  

* - when they reduced the stated capital to start a fresh journey, people mistook it as a bad signal and hurriedly started selling it at @ around 9/-,  5 years ago.

@ Chinwi, once you have free time just post some old such stories.

Thanks to all who replied my post

Jana1 wrote:Hello Chinwi, It is great to know you have calculated cfvf EPS as 12.5-17.5.

. OMG  Im revising it immediately  to 12/- CFVF is getting hot again
We must be careful. people are watching this forum. We have 300 member but  I feel lot of non members come here.


BTW, I think the upper level is possible IF they have a lot of high yielding TB/B acquired few years ago.

chinwi wrote:

Jana1 wrote:Hello Chinwi, It is great to know you have calculated cfvf EPS as 12.5-17.5.

. OMG  Im revising it immediately  to 12/- CFVF is getting hot again
We must be careful. people are watching this forum. We have 300 member but  I feel lot of non members come here.


BTW, I think the upper level is possible IF they have a lot of high yielding TB/B acquired few years ago.

baya wenna epa boss if it's 12, still massively undervalued ne?