Sri Lanka Stock Picks

Sri Lanka stock picks site has been developed to give first hand information with regard to share trading opportunities available for investors who do not like go through lengthy research reports, calculations,etc but to have a clear idea about stocks that have future up side potential.Our service is just not for day traders but for the investors who wish to see their money growing in the long run.Our main objective is to provide information relating to trading under one roof.

Sunday, December 27, 2009

RETURNS FORM THE SHARES RECOMMENDED BY US AS AT 27/12/2009

For the month of December 2009 we recommended following stocks for our visitors/investors.

STOCK PRICE PRICE AS AT 24/12/2009 RETURN

Coco lanka                        Rs 50.25               Rs 46.75              (8%)

Commercial bank (X)         Rs 120                Rs 125                5%

Renuka holding (N)            Rs 124.75                 Rs 138              12%

Renuka holding (X)             Rs 95                     Rs 114                                                       20%

Ahungalle                        Rs 148                             Rs 164.50           7%

Chevron                              Rs 125                             Rs 146.25                 18%
                                                                                                                                                        +
                Rs 6.50 pending dividend

Tokyo (N)                           Rs 295                     Rs 298                                                         1%

Tokyo (X)                            Rs 17.25                         Rs 17.75              3%

Colombo stock market still offers us attractive returns in medium to long term. After the end of 30 year old civil war, the liberated areas (North & East) we believe is behind two three decades to the rest of the country. Participation of these areas to the economy during the coming months, Increase tourist arrivals in future, Low interest rate regime,Calm atmosphere in the country are the main factors to be considered when investing in the market.