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Old 25th January 2012, 01:22 PM
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Default Balmer Lawrie Investments



Balmer Lawrie Investments is a holding company of Balmer Lawrie Company and may give 9.5 rs. dividend this year and at a price of 142 it comes 6.7% as dividend yield.

Generally this company declares dividend in May or June and pays in September.

I bought a few [2% of my portfolio] at 142 and hopes that it may reach a price of 180 by September .
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Old 26th January 2012, 04:06 PM
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What about Balmer Lawrie itself? I hold this currently. Is the holding company better? I do not know how to value holding companies.
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Old 3rd February 2012, 11:14 AM
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Quote:
Originally Posted by ramkasi View Post

I bought a few at 142 and hopes that it may reach a price of 180 by September .
Wasn't able to hold on, thought that may not cross 152 in near time, hence exited at 150, may be 5% profit is enough for me to exit in a week's time. Will reenter if it comes to 142 again.

ram
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