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LDEV - Lankem Developments

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LDEV - Lankem Developments

Post by The Invisible on Thu Nov 01, 2018 2:23 pm

Lankem Developments shows nice growth pattern with good volumes. 2.3Mn shared changed hands during the last three days between 4.50 - 5.20. Still the demand is there.
My gut feeling is that LDEV is about to make a serious move. The daily technical charts too showing a strong momentum.

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Re: LDEV - Lankem Developments

Post by Senarath67 on Sat Dec 29, 2018 12:58 pm

The Invisible,With the increased prices and volumes during 4th Q compared to 3Q we might probably see a profitable quarter .What is your opinion on the price movement starting from Jan 2019? Are you positive on upward movement?Thanks in advance.

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Re: LDEV - Lankem Developments

Post by spw19721 on Sat Dec 29, 2018 9:28 pm

Trading at 52 weeks low.Will it go deeper ?
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Re: LDEV - Lankem Developments

Post by PANTOMATH on Mon Dec 31, 2018 7:53 pm

Senarath67 wrote:The Invisible,With the increased prices and volumes during 4th Q compared to 3Q we might probably see a profitable quarter .What is your opinion on the price movement starting from Jan 2019? Are you positive on upward movement?Thanks in advance.

Last quarter YoY revenue growth is zero.I expect a revenue decline in December quarter compared to last quarter because of dropping tea prices.

For investors my call is avoid.

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Re: LDEV - Lankem Developments

Post by PANTOMATH on Mon Dec 31, 2018 8:03 pm

For traders,
Look at the bigger trend of LDEV,It's in a big down trend.
4-4.10 has a minor support and if ASI become green there is a possibility of a mini run,but do not expect a big wave.
A bad quarter can take LDEV to 2.80-2.90 in a worse conditions.

Players should keep in mind that after the right issue number of shares of LDEV has doubled and pushing it up need double effort than last year.

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Re: LDEV - Lankem Developments

Post by EBHRAHIMCANADA on Mon Dec 31, 2018 9:53 pm

Tnaks pantomath
Agreed

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Re: LDEV - Lankem Developments

Post by pure equity on Tue Jan 01, 2019 11:49 am

Thanks pantomath

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Re: LDEV - Lankem Developments

Post by ruwan326 on Tue Jan 01, 2019 8:14 pm

Many investors in CSE take unbelievable chances.....
Is it manipulators or the retailers or both is a big question........ Lets see how it goes for LDEV in coming days No No

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Re: LDEV - Lankem Developments

Post by ruwan326 on Fri Jan 18, 2019 2:11 pm

ruwan326 wrote:Many investors in CSE take unbelievable chances.....
Is it manipulators or the retailers or both is a big question........ Lets see how it goes for LDEV in coming days No No

Touched 4.70 Wink
2.6 Mn so far today Arrow Arrow

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