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The Invisible
The Invisible
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Join date : 2016-11-28
Age : 41

Hayleys MGT Empty Hayleys MGT

on Mon Jul 29, 2019 11:22 am
Message reputation : 100% (1 vote)
I searched for a proper thread for MGT but saw that there is not. Also there is not a sector for Footwear so created a new thread here.

Admin please create a new sector for Footwear and move this thread there.

I see demand has got very strong and price is moving rapidly. Its time to relook at the beaten down stock again I think.

More FA or TA is required now on this stock. I have open up the discussion for the experts now. Very Happy
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seek
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Hayleys MGT Empty Re: Hayleys MGT

on Mon Jul 29, 2019 1:18 pm
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ruwan326
ruwan326
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Hayleys MGT Empty Re: Hayleys MGT

on Fri Aug 16, 2019 8:55 pm
seek wrote:[You must be registered and logged in to see this link.]

Well I created this thread and it was controversial due to some one else Reply Rolling Eyes
Then he correct his mistake.
Now the thread is missing...........

SLS, if you have time please enlighten us about latest in MGT...
Thank you in advance.
The Invisible
The Invisible
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Hayleys MGT Empty Re: Hayleys MGT

on Fri Aug 30, 2019 2:16 pm
Message reputation : 100% (2 votes)
Slowly slowly but steadily moved towards 15/-. Very close to reaching our mid term target influenced by the encouraging June quarter results.
Ethical Trader
Ethical Trader
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Hayleys MGT Empty Re: Hayleys MGT

on Fri Aug 30, 2019 4:58 pm
Thanks.
The Invisible
The Invisible
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Hayleys MGT Empty Re: Hayleys MGT

on Wed Sep 04, 2019 11:22 am
Message reputation : 100% (1 vote)
The Invisible wrote:Slowly slowly but steadily moved towards 15/-. Very close to reaching our mid term target influenced by the encouraging June quarter results.

Hmm. Without a much fuss MGT established the mid term target of 15/-. Seem to me market liquidity also mopped up significantly now. So its time to rerate the stock based on September quarter result. Biggest question is whether they can continue the momentum displayed in June quarter result.
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seek
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Hayleys MGT Empty Re: Hayleys MGT

on Wed Sep 04, 2019 5:56 pm
The Invisible wrote:
The Invisible wrote:Slowly slowly but steadily moved towards 15/-. Very close to reaching our mid term target influenced by the encouraging June quarter results.

Hmm. Without a much fuss MGT established the mid term target of 15/-. Seem to me market liquidity also mopped up significantly now. So its time to rerate the stock based on September quarter result. Biggest question is whether they can continue the momentum displayed in June quarter result.

Is there a particular reason for not showing a good result in next Q?
The Invisible
The Invisible
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Hayleys MGT Empty Re: Hayleys MGT

on Fri Sep 06, 2019 5:55 am
seek wrote:
The Invisible wrote:
The Invisible wrote:Slowly slowly but steadily moved towards 15/-. Very close to reaching our mid term target influenced by the encouraging June quarter results.

Hmm. Without a much fuss MGT established the mid term target of 15/-. Seem to me market liquidity also mopped up significantly now. So its time to rerate the stock based on September quarter result. Biggest question is whether they can continue the momentum displayed in June quarter result.

Is there a particular reason for not showing a good result in next Q?

Only worry is their past consistency. If they can earn consistently we should see the share price upgrades gradually to a more higher level.
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seek
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Hayleys MGT Empty Re: Hayleys MGT

on Wed Nov 06, 2019 10:13 pm
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The Invisible
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Hayleys MGT Empty Re: Hayleys MGT

on Tue Dec 03, 2019 10:10 am
Massive buying in MGT today. Looks like breaking 20/- is highly possible.
The Invisible
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Hayleys MGT Empty Re: Hayleys MGT

on Wed Jan 08, 2020 10:52 pm
Message reputation : 100% (1 vote)
Exactly one month after hitting 19/- here comes MGT at 16/- level again with RSI reaching oversold. Keep an eye on possible reversals in very short term.
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subash
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Hayleys MGT Empty Re: Hayleys MGT

on Thu Jan 09, 2020 5:40 pm
Thanks
The Invisible
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Hayleys MGT Empty Re: Hayleys MGT

on Mon May 18, 2020 9:55 pm
Message reputation : 100% (1 vote)
Interesting daily chart for MGT too. After many months some active buying is seen on the stock. Closed @ 9.90 today.

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The Invisible
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Hayleys MGT Empty Re: Hayleys MGT

on Tue Jun 09, 2020 11:16 am
Another interesting and bullish looking weekly chart. Currently trading @ 11/-

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