Monday, 19 May 2014

75 Yes/No Questions To Ask Yourself Before Buying A Stock

by ANDREW BLACKMAN
There are lots of good reasons to buy a stock, and plenty of bad ones too. Here’s a checklist of 75 questions you should ask yourself, to make sure you’re buying for the right reasons.
In each case, it’s a simple “yes or no” answer. First we’ll look at some questions you should be able to answer with a confident “yes,” and then we’ll look at some others that should provoke a definite “no.” These of course do not apply to every investment strategy, but should be used as a great reference for what to ask yourself when making stock picks. 

“Yes” Questions:

  1. Have you heard of this company before today?

  2. Can you explain what the company does in one sentence?

  3. Do you understand exactly how it makes money?

  4. Do you understand the risks of the investment?

  5. Have you analysed the company’s earnings history?

  6. Did you understand it?

  7. Do you have a clear plan of how long to hold, and when to sell?

  8. Have you worked out the value of the company?

  9. Do you know how the company is likely to fare if the economy takes a turn for the worse?

  10. Have you analysed the firm’s main competitors?

19-May-2014 CSE Trade Summary


Company Fact Sheet: Pegasus Hotels of Ceylon PLC - PEG:N0000

About the company:

Established: 1966                Quoted Date: 1970-01-01            Sector: Hotels & Travels

Pegasus Hotels of Ceylon PLC is a Sri Lanka-based company engaged in the hoteliering and leisure related activities. It owns and operates Pegasus Reef Hotel situated in Wattala. The hotel houses 139 rooms, along with other facilities, such as lobby bar, open air restaurant capable of seating 200 packs at a time, pool and refection deck for outdoor functions, swimming pool, squash, badminton, tennis, beach volley ball, table tennis, indoor games, gym, cycling and health center, shopping arcade with gems and other miscellaneous items for shoppers, as well as four air-conditioned banqueting halls. As of March 31, 2013, the Company was a subsidiary of Carson Cumberbatch PLC. As of the same date, it had one subsidiary, Equity Hotels Limited, along with one affiliated company, Carsons Management Services (Private) Limited.

Chairman: Mr D.C.R. Gunawardena 

Board of Directors:
Mr Mano Selvanathan
Mr Hari Selvanathan
Mr Sega Nagendra
Mr 
P.M. Withana 
Mr K.C.N. Fernando  (Alternate Director to M .Selvanathan)

52 Weeks Low: 33.00                                                              52 Weeks High: 43.00
Average Trading Volume: 919

Company Financial at a glance:
Click Table to Enlarge

Total Voting shares in Issue: 30,391,538

Notes:
1. In 1997 2,671,131 Ordinary Shares of the Company were listed, pursuant to a 3:5 Bonus Issue. 
2. 15,670,637 Ordinary Shares of the Company were allotted on 6th December 2005, pursuant to a 11:5 Rights Issue @ Rs. 18.00.
3. 4,558,731 Ordinary Shares of the Company were allotted on 16th February 2006, pursuant to a 1:5 Bonus Issue.
4. 3,039,153 Ordinary Shares of the Company were listed on 26th April 2012, pursuant to a 1:9 Rights Issue @ Rs. 36.50.

Top 20 Shareholders as at 31/12/2013:


Percentage of public holding as at 31st December 2013 was 6.90%

The percentage of Foreign Holding as at 30th April 2014 was 0.41%

Quote for the day

“Markets have a distinct game theory component in that, the fewer the total number of survivors after a "wash and rinse" period, the greater the future opportunity that comes available (with comparatively few left to exploit it). To put it another way: If the money always came flying in through the window, too many profit seekers would crowd the window. Pain facilitates gain by blocking the pathways of the insufficiently persistent, motivated and seasoned.” - Jack Sparrow