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Sri Lanka Equity Forum » Stock Market Talk » Banking rally

Banking rally

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1Banking rally Empty Banking rally on Mon Feb 07, 2011 8:57 pm

ashlee


Manager - Equity Analytics
Manager - Equity Analytics
I expected the so called banking rally today and bought LOLC at 140 level.. But it dropped in the evening..
What do the learned forum members think about this share and other banking shares all together?? Are we to expect the banking rally this week or will we have to wait for that?? All your responses are appreciated.

2Banking rally Empty Re: Banking rally on Mon Feb 07, 2011 9:08 pm

BullionStock

BullionStock
Senior Equity Analytic
Senior Equity Analytic
As you said banking rally is very much expected by most people. I think you have done correct thing to collect LOLC at this price.

Most important thing for you is the holding power & you need be patient.

Defintely LOLC will bring you the profit as it is a discounted price.


3Banking rally Empty Re: Banking rally on Mon Feb 07, 2011 9:28 pm

monash

monash
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
LOLC is one of the most undervalued and attractive stock in financial sector..
if SFL ran to 130s.. there is no doubt LOLC will start it's run soon..
Don't worry..hold on..
You will see it's real bull run after results release on next week..

4Banking rally Empty Re: Banking rally on Mon Feb 07, 2011 9:36 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
LOLC is good in short-med-long terms so u can think of even averagin at 138 (if stays) and if u have the holding power for a couple of more days this can make u smile ;-)

5Banking rally Empty Re: Banking rally on Mon Feb 07, 2011 10:03 pm

jaya


Manager - Equity Analytics
Manager - Equity Analytics
wait and see, it will gearing up when 1st result of the sector disclosed.still buyers are collectiong by artificialy hold it low. wait 2-3 days.

6Banking rally Empty Re: Banking rally on Mon Feb 07, 2011 11:14 pm

ashlee


Manager - Equity Analytics
Manager - Equity Analytics
tnx guys..Judging by the analysis posted by the learned members of the forum previously, I too have the feeling that LOLC will make me smile big time..

I was told by my adviser that it would hit 250 in the medium run..
Letz hope for the best..

7Banking rally Empty Re: Banking rally on Mon Feb 07, 2011 11:21 pm

RDS

RDS
Manager - Equity Analytics
Manager - Equity Analytics
Don't buy stock if u can't hold sometime.

LOLC will have great run. If u had market experience how it up 200 level - 1300 level last year u will not question on this.

Pls don't think this will go 1000 this time

8Banking rally Empty Re: Banking rally on Mon Feb 07, 2011 11:50 pm

ShareShares


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
There is a steady banking and finance rally displayed in the market. Some of the B&F shares displayed a movement were COMB, SMLL and NTB, Those shares which could produce a growth in successive financials could demonstrate a gathering. LOLC and CFIN as well.

9Banking rally Empty Re: Banking rally on Tue Feb 08, 2011 6:32 am

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
I too noticed that buyers are requesting the counters like LOLC, SMLL, LFIN as much as low as they could.. When performing counters are attracted at a low end, I smell a rat on these kinda behaviour of the market.. probably we're seeing the tip of a giant iceburg.. it will be worth watching while holding on to these shares now..

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