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yellow knife
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Re: East West properties

on Thu Mar 23, 2017 7:37 am
Message reputation : 100% (5 votes)
Good to see arguments... Its the arguments make one to take right decisions.. When we argue we see only one side and try to protect the side we are in openly. Yet within the mind we happen to see the other side as well... Thus arguing is really good in an investor's forum as it will make everyone to think irrespective of your side.

I was a dedicated trader for 5 years since 2006 to 2011. The situation of SL perfectly matched for a trader. If you buy a worthy share like OSEA today at a bargained price  , tomorrow when you hear that LTTE has attacked to Air Port, Central Bank, Telecom, or Navy Commander Clancy Fernando, the next a market drop. So that was not the right thing to hold from 2006 to May 2009. From that onward we had triumph mentality. It was like UK after regaining Falkland Islands. Immediately market rallies were created. LCEM, CSEC, Blue, DPL, Greg, Reef, WAPO and East comet to mind as good rallies. The investors were not interested in Annual Reports, EPS, DPS nothing. Its only feeling the pulses of rallies. WE the young then enjoyed .. it was the names that matters .. Who bought this big Q of PMB... or N...wow... a rally within hours ... Pump and Dump some said. We enjoyed the roller coaster.. Either Luck or something like Foolishness helped me a lot.. I made quick bucks.. It was not only me... many were lucky.. but some said there must be sufferers....

2011 Market was too hot to handle.. Luckily I started to learn the market .. I saved myself by clinging to good stocks .. and from 2011 to 2016 August I moved to Fundamentally sound stocks. It was not foolish rallies. But reason driven. Like Oil Price and commodity market prices. Developing good strategies like buying equal quantities in Namu and REXP made my PF and all weather one. I of course made blunders during this period like holding LIOC for too long believing its worth for long term. Further it held half of my PF.

During these two terms I was not on Margin. So I was not burning with sleepless nights. Now I see the PF should be balanced like said in books. Not only Equities, but Debt Instruments, commodities like Gold must be there. I moved to Cash, FDs, Savings and also Gold.

************************************

Now back to EAST

Yes there is a created interest on EAST during last few days. Its amazing to see the interest created towards EAST during a dull and declining market and I dont believe foreigners are buying EAST...( I did not check that ) So it must be retailers.. If the directors are collecting its must appear as notices..

Surprisingly no TAs are giving resistance levels to the ASI .. yet its falling.. amidst of that there is an interest towards EAST with nice fluctuations


I understand this forum is also full of short term gainers than long term holders. If we just look at the amount of posts read, definitely the highest count comes with speculative.

In a democratic stream

1. If the majority prefers Speculation, let that be the dominant

2. No restrictions should be upon writings or sharing

Yet I am an ardent supporter of dictatorship and throughout the world the majority behave based on programming of dedicated dictatorial minority which may come in the form of Mossad, CIA, KGB, Rotschild, BBC, Reuters, Al Jazeera etc...

Regarding EAST... since the forum is democratic let the majority win.
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slstock
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Re: East West properties

on Thu Mar 23, 2017 9:41 am
Message reputation : 100% (4 votes)


I see SLS  name dragged into to this thread again !
Now I cannot keep shut after seeing all this.
Take it the right way or the wrong way will depend on your decency level.


~~~~~~~~~~~~


GENERAL NOTES :


1) Everyone should know

*   Nearly 300 shares  are listed at CSE.
  Yes all of them are game for trading at some point.
  It is obvious there are many traders/short term people here than investors.
   
* If you find short term entry and exit point,  YES you can make money out of ANY SHARE.  

* But like it or not , share markets factually are supposed to run on fundamental valuation though it may not appear such to many nowadays who don't care or are inexperienced or dejected on CSE.

* There are shares at CSE which has no real value even or are at artificial highs and should not be even listed at CSE. No one cares. But they can be money making vehicles if you play the game.  Yes.

* Hence some of the shares  are Death Traps artificially held up or manipulated at times.  ( like when ALUF was at Rs 50 , HEXP at Rs 90 , COCR at Rs70 and was pushed up in each case I warned )
 
* When  trading such,  few  may win if you play the game. But many  innocent will burn in dealing with such shares holding the baby at the top.
 

* So everyone should  use ones own judgement/ethics to figure  out which shares you should  make money out of and which  not to  (even if you can). I will leave the decision , ethics or karma for you to decide on.



NOTE:  I put time to give a  General factful  Message to public here.  EAST is not really in the terrible  category but also not in the best either.



~~~~~~~~~~~~~~~~~~~~~~~~


2) On EAST :

It is my conscious duty to say my mind  on EAST behavior as it is appears unnatural now.

* When whole CSE is going down the hill ( btw at ASI 6127  I did warn on Be careful thread and else where),   isn't it interesting why EAST was pushed up so quickly even when a 12% dividend REG.N share is not reacting ??  
 
* I will not spend my time to make big posts on EAST studies as many don't care  to learn the depth.
 
* As this is about  Short Term trades to make money ... just be aware of the below  at this stage


Facts :  
-EAST was trading at Rs 12 one fine morning only few days ago.  
- There are many shares ( east was one of them  I guess), that can bounce backsooner than later when deeply in oversold territory ( for trades)
- But what happened for EAST is interesting.
 All morning EAST was selling at Rs 12. Suddenly all EAST shares from Rs 12-14 was bought by someone within few minutes. ( yes I kept watch that day)
- Even more interestingly it was pushed from Rs 12-14 with only 25000 shares !
( that less than Rs 3 laks do you believe !!!)
- Now I see a larger volume of trades happened yesterday at Rs 14+.
- Also a fact yesterday : there were more EAST  sales than buys  
                           

*  So  what is really going on ? I don't know. No inside info I have.

a) is it  push and dump ( a short term death trap that can come soon)

b) maybe push for a right issue/private placement as YK indicated ( which is possible)

c) or is a gold mine uncovering on future Hotel value we don't know

d) or just harmless technical bounce back after major fall

If a share was Rs 50 and fallen to Rs 28 , at some point it is going to bounce back- whether it has value or no value.  But is it a good share to make money is a personal call and how far should one chase is another.

 
* Anyway from a fundamental analysis of the future EAST hotel , it too early to comment. Even a CITW a 5 star hotel  is struggling to break even after several years . So is BBH.


* You are free to trade or do anything.. but I did my part to say what I knew / felt on EAST as civic duty.


~~~~~~~~~~~~~~~~~~


3) My Post on Aluminium  

 carries a much Deeper message I don't think many people understood.  


i)  I think warnings for public  should come at Promotion times when everyone is trying to push prices to dump on others    
 
  ex :
ALUF was already at Rs 45-47  and trying to be pushed to Rs 50-55 to be dumped ( Now Rs 28). I did warn on ALUF at around Rs 45.    
PARQ was trying to be promoted to Rs 80 - Rs 100  . I did warn then and was attacked for doign such by gangs.
LALU was trying to be pushed to Rs 130-150
ALUM to Rs 27-30

So during the near short term peaks for these shares , where coincidently when Alumium world prices ( last August/Sept 2016) started going up, they were promoted by multiple parties/forums  with clear ( or not so clear) intention to be dumped later.

When I tried to make sense and warned using logic I was attacked saying  future for such shares is bright and am the bad egg  for stopping people from discussing/predicting on such when they were already at their peaks
( Err in reality actually many were just promoting  such to dump)
But people who warned such at the right time are the bad people. Nice Sri lanka.


ii)  Now many people who have dumped their shares  maybe waiting to collect the same shares lower again

Since some are  at 50% crash ( ex ALUF) ..  soon a BUYING time  for such ( atleast for trading) will come.  
   
Hope my Aluminum share message is now clear.
People who appreciate  what I tried to do then/now can/will do so and others naturally will find fault and attack. It your call . Not mine .I  did what I had to do.




~~~~~~~~~~~~~~~~~~~~~~
 

4) Observation on  "ET question" and many events that followed

I am not going to get into involved this ... but for human decency I raise below  


I see ET asked a question.
If one feels he did wrong asking a question , they can answer him directly/decently I presume. That called conversation.

I see already 5 people commented against ET .  ET is now by himself and hope I have no  objection to point out something which evaded everyone including administration.


Does anyone notice

i) ET has got 5 NEGATIVE REPS ( seems negative rep system is now enabled and "like" is gone )
ii) Also he got a lot of responses/opinions against his post


Questions to ask

a) Who and why did 5 people give ET negative reps for asking direct question?  Is there abusive language on it ? Is he such bad guy for asking questions ?

b) If you want to react / fight  ET ,   say it directly via answers . It think it is the better way.

c) Agree or disagree with ET is another matter. But   giving  5 negative reps behind the back  as Groups is questionable  as I don't really see how he committed the  crime of the century for asking  a question ( or giving opinion) ..


Also note :

When I made a very detailed time consuming  post on RWSL ( I do not still hold it),   I was surprised to see many negative views on RWSL. Yet RWSL  is as  of now a fundamental share.

But no matter what ,  I made sure I did not attack anyone who said negative stuff or questioned me on RWSL . I tried to answer  their concerns/ questions from what I knew.

No people GANGED  up to defend /support me either.
 http://forum.lankaninvestor.com/t1377p75-rwsl-what-do-you-think#79626



Something is not right here.
Though people appear to  fight for freedom here,  is it biased is a question.
If  Freedom is needed to to do anything you want or say , it should apply  to everyone in democratic forum.


~~~~~~~~~~


Btw get ready on CSE.









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yellow knife
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Re: East West properties

on Thu Mar 23, 2017 9:59 am
Message reputation : 100% (2 votes)
I did not expect you in this hour SLS... its a timely appearance.

Thanks for taking time and post.

ET, never count + or - responses you get. Write .. Ask.. Inquire... this forum belongs to all

ET never get disheartened... majority ( often the mob) is always short sighted.

Jesus Christ was selected by the majority for crucifying but not Barabbas...

This is why even at UNO they have VETO which is utterly undemocratic..

Future had same response... anyone who swim against the tide will have tough time.

*********************************

EAST take your own analyzed decisions... enough is discussed ...

*****************************

To the majority...pls respect others who have opposing view of yours...
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pathfinder
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Re: East West properties

on Thu Mar 23, 2017 6:42 pm
It's very nice to see opposing views flowing without sling mud.

Throught this thread I tried to answer decently.When I was not clear about YK's post I asked a direct question from him and he answered nicely.I too appreciated it.

Let me quote some of the things to highlight what I was telling all this time.



slstock wrote:

2) On EAST :

It is  my conscious duty to say my mind  on EAST behavior as it is appears unnatural now.

* When whole CSE is going down the hill ( btw at ASI 6127  I did warn on Be careful thread and else where),   isn't it interesting why EAST was pushed up so quickly even when a 12% dividend REG.N share is not reacting ??  
 
* I will not spend my time to make big posts on EAST studies as many don't care  to learn the depth.
 
* As this is about  Short Term trades to make money ... just be aware of the below  at this stage


Facts :  
-EAST was trading at Rs 12 one fine morning only few days ago.  
- There are many shares ( east was one of them  I guess), that can bounce backsooner than later when deeply in oversold territory ( for trades)
- But what happened for EAST is interesting.
 All morning EAST was selling at Rs 12. Suddenly all EAST shares from Rs 12-14 was bought by someone within few minutes.  ( yes I kept watch that day)
- Even more interestingly it was pushed from Rs 12-14 with only 25000 shares !
( that less than Rs 3 laks do you believe !!!)
- Now I see a larger volume of trades happened yesterday at Rs 14+.
- Also a fact yesterday :  there were more EAST  sales than buys  
                           

*  So  what is really going on ? I don't know. No inside info I have.

a) is it  push and dump ( a short term death trap that can come soon)

b) maybe push for a right issue/private placement as YK indicated ( which is possible)

c) or is a gold mine uncovering on future Hotel value we don't know

d) or just harmless technical bounce back after major fall

If a share was Rs 50 and fallen to Rs 28 , at some point it is going to bounce back- whether it has value or no value.  But is it a good share to make money is a personal call and how far should one chase is another.

 
*  Anyway from a fundamental analysis of the future EAST hotel , it too early to comment.  Even a CITW a 5 star hotel  is struggling to break even after several years . So is BBH.


* You are free to trade or do anything.. but I did my part to say what I knew / felt on EAST as civic duty.


~~~~~~~~~~~~~~~~~~


I too do not have any inside info.

I saw a possible reversal of EAST while screening charts,Then I did a study and post it here.
I do not know who bought it, but yesterday foreign activity shows foreign buying for the counter.I have no idea where it's going to land.


slstock wrote:
 

4) Observation on  "ET question" and many events that followed

I am not going to get into involved this ... but for human decency I raise below  


I see ET asked a question.
If one feels he did wrong asking a question , they can answer him directly/decently I presume. That called conversation.



This was ET's question,

Ethical Trader wrote:?Aren't  there any better/sound/safer shares in the CSE @ bargain prices than this one. Why should experts waste their time on this one?  

In this question I don't see he has asked any valid question on EAST.

If ET is not cleared about what I said he could have asked directly with quoting my post.Instead he asked Why should experts waste their time on this one?

That particular question does not direct the thread to a fruitful discussion.

This is my writing style.If it's wrong I'm the one should get it corrected.So please show me what I have done wrong in this thread.
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smallville
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Re: East West properties

on Fri Mar 24, 2017 7:53 am
Message reputation : 100% (2 votes)
See Path, pls understand that ET clearly has a problem. His method of asking questions instigate turmoils amongst members. He serves a purpose. He destroys threads and takes them to meaningless arguments.

ET thinks experts should always talk about shares that has a fundamental value. You talk about LWL, CIND, RCL, TYRE, and some other good shares, yet he do not come praise you. So let him solve his own problems and you do your work.

I see that Alchem has also spoken on being open on writing. That's his genuinity, greatness.... He understood the problem. As you have done nothing wrong asking others what you have done wrong is a way for them to find faults with you. Just becuz one person cannot understand the difference between trading and investment, we're wasting our time writing hell a load of paragraphs here.. Utter waste of time..

Next time, pls post a chart and elaborate on that. Then there'll be better understanding.

The biggest problem is we're divided. Some come here to find faults, some others come here when questioned. Another comes here for questioning only - they dont utter a single word about investment but questions.
So lets keep a track of different personalities.. Sometimes its fun Very Happy


Last edited by smallville on Fri Mar 24, 2017 8:04 am; edited 1 time in total

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Re: East West properties

on Fri Mar 24, 2017 8:00 am
Message reputation : 100% (2 votes)
ok, please let's stop debating this.

To answer ET, there was no particular reason that I posted on EAST. I followed up on the thread with what I saw.

Let's not sling mud or drag this out of topic.

On topic
1) JKH is one good share to trade recent times, does not mean it is a bad stock.
2) Director has bought EAST at up to 14/-, again it does not mean much.
3) The hotel will need miracle to post big profits and create value for EAST in short term.
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pathfinder
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Re: East West properties

on Fri Mar 24, 2017 7:49 pm
smallville wrote:

Next time, pls post a chart and elaborate on that. Then there'll be better understanding.

The biggest problem is we're divided. Some come here to find faults, some others come here when questioned. Another comes here for questioning only - they dont utter a single word about investment but questions.
So lets keep a track of different personalities.. Sometimes its fun Very Happy

Yes Small you are correct.

Next time I'll try to include a chart.

First Guy wrote:ok, please let's stop debating this.

Let's not sling mud or drag this out of topic.


Yes FG I'll stop this matter as there is nothing more to prove as it's clear what has happened.
I didn't want to drag the topic away from the main subject.But unnecessary questions prompted me to keep on writing as I have not done anything wrong to my conscious.

Some may categorized it as Ego.I do not bow my head to anybody if my conscious say I haven't done anything wrong.
I'm ready to correct my self if I'm wrong.I asked to point out if there is anything wrong in my post,Nobody pointed out such.
So I assume there was none and continue the same writing pattern.
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pathfinder
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Re: East West properties

on Mon May 08, 2017 7:49 pm
Message reputation : 100% (1 vote)
It's very sad that this thread was dragged away from main subject.

EAST crossed 10D SMA above downward and MACD shows negative crossing,RSI too moving downward direction.
Technically EAST can go for ST price correction.
Interested people can study charts and take decision.

EAST gave about 20% after my Tech call.
Wrote this for the courtesy of few decent people here.


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කිත්සිරි ද සිල්වා
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Re: East West properties

on Mon May 08, 2017 9:47 pm
Just curious.
Can two persons with same level of competence  looking at the same technical charts give two different targets? Very Happy
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pathfinder
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Re: East West properties

on Mon May 08, 2017 11:18 pm
Message reputation : 100% (1 vote)
කිත්සිරි ද සිල්වා wrote:Just curious.
Can two persons with same level of competence  looking at the same technical charts give two different targets? Very Happy
I thought not to write anymore in this thread,but when a independent person like you asked a question one should reply.

Good question Kith
Different Tech people use different methods for their predictions
Giving targets by looking at same chart depends on individual's experience and knowledge.

In my experience giving exact price targets are very difficult,but if someone can develop a sharp eye he could identify reversals and decide buy sell points.
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කිත්සිරි ද සිල්වා
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Re: East West properties

on Tue May 09, 2017 7:36 am
Thanks Path.  Very Happy

(This could be one of the reasons why we have seen some Clash of Titans here lately).

Hope, you will keep posting in future despite the previous not so pleasant experiences here.

pathfinder wrote:
කිත්සිරි ද සිල්වා wrote:Just curious.
Can two persons with same level of competence  looking at the same technical charts give two different targets? Very Happy

I thought not to write anymore in this thread,but when a independent person like you asked a question one should reply.

Good question Kith
Different Tech people use different methods for their predictions
Giving targets by looking at same chart depends on individual's experience and knowledge.

In my experience giving exact price targets are very difficult,but if someone can develop a sharp eye he could identify reversals and decide buy sell points.
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Re: East West properties

on Tue May 09, 2017 8:13 am
Thanks path. Pls keep writing . Lots are learning and benifit from your analysis.
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