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CIND.N0000 (Central Industries PLC)
roshana7549- Posts : 280
Join date : 2014-04-18
- Post n°26
Re: CIND.N0000 (Central Industries PLC)
First Guy- Posts : 2599
Join date : 2014-02-22
- Post n°27
Re: CIND.N0000 (Central Industries PLC)
yellow knife wrote:Waste of time and Grounded Kestrel I think we should start up a separate thread for INVESTOR'S STRATEGY and discuss these in detail .. there are many strategies and what match to a trader is not what match to a long runner...and leave this thread purely on CIND
I created a thread for that almost a year back but no replies. Maybe time to talk about that?
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Rana- Top contributor
- Posts : 1786
Join date : 2015-12-16
- Post n°28
Re: CIND.N0000 (Central Industries PLC)
Rana- Top contributor
- Posts : 1786
Join date : 2015-12-16
- Post n°29
Re: CIND.N0000 (Central Industries PLC)
Rana- Top contributor
- Posts : 1786
Join date : 2015-12-16
- Post n°30
Re: CIND.N0000 (Central Industries PLC)
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
- Post n°31
Re: CIND.N0000 (Central Industries PLC)
HUNTER- Top contributor
- Posts : 1935
Join date : 2014-07-14
- Post n°32
Re: CIND.N0000 (Central Industries PLC)
Anyway, thought of posting what the present technical outlook says.
CIND has had a strong and consistent medium term, 18 month long trend.
However, now the trend is broken. On top of that, a Head & Shoulder pattern is also visible.
Which give a high possibility of a medium term correction (8~9 months long).
90/- shows some support level, but in my view, will be too week to offer a reversal. So, we better monitor the support level at 80/-.
My eye view suggests, there could be a strong Fib level also near that area.
I have illustrated the above in the following chart.
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GroundedKestrel- Posts : 292
Join date : 2014-11-28
- Post n°33
Re: CIND.N0000 (Central Industries PLC)
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
- Post n°34
Re: CIND.N0000 (Central Industries PLC)
Rana- Top contributor
- Posts : 1786
Join date : 2015-12-16
- Post n°35
Re: CIND.N0000 (Central Industries PLC)
slstock- Veteran
- Posts : 6216
Join date : 2014-06-12
- Post n°36
Re: CIND.N0000 (Central Industries PLC)
Maybe I will let someone else to respond so I can get some idea too haa.
I saw Hunter say it will go to Rs 80. Should it on it real value?
( well if 5 people get together and sell on bad day, it can go to s 70 even if there is no one to buy, this is an illiquid share)
But does it deserve that ... I like someone to answer.
On the other hand LWL with eps of Rs 10 is Rs 96 too.
Rana wrote:any Idea about future of the CIND ??CMP(94.60)
Last edited by slstock on Wed Feb 24, 2016 1:58 pm; edited 2 times in total
Rana- Top contributor
- Posts : 1786
Join date : 2015-12-16
- Post n°37
Re: CIND.N0000 (Central Industries PLC)
slstock wrote:Not sure who are you asking from?
Maybe I will let someone else to respond so I can get some idea too haa.Rana wrote:any Idea about future of the CIND ??CMP(94.60)
slstock- Veteran
- Posts : 6216
Join date : 2014-06-12
- Post n°38
Re: CIND.N0000 (Central Industries PLC)
Already commented above.
ps : Sorry, but sometimes I get the feeling you commenting/liking/response style is different at different places Just something I noticed .. no offence. (have you thought about it? )
Rana wrote:I saw you are online today . So as an expert of the CIND you can answer itslstock wrote:Not sure who are you asking from?
Maybe I will let someone else to respond so I can get some idea too haa.Rana wrote:any Idea about future of the CIND ??CMP(94.60)
Last edited by slstock on Wed Feb 24, 2016 2:38 pm; edited 1 time in total
Rana- Top contributor
- Posts : 1786
Join date : 2015-12-16
- Post n°39
Re: CIND.N0000 (Central Industries PLC)
slstock wrote:I am not an expert.
Already commented above.
ps : Sorry, but sometimes I get the feeling you commenting/liking/responses are different at diffenent places Justs something I noticed .. no offence.
Rana wrote:I saw you are online today . So as an expert of the CIND you can answer itslstock wrote:Not sure who are you asking from?
Maybe I will let someone else to respond so I can get some idea too haa.Rana wrote:any Idea about future of the CIND ??CMP(94.60)
slstock- Veteran
- Posts : 6216
Join date : 2014-06-12
- Post n°40
Re: CIND.N0000 (Central Industries PLC)
Anyway, let wait for some else to comment on CIND.
I already gave some hints.
Want another one, it is Rs 20 eps share.
LWL with Rs 10 eps is also Rs 96 !
Rana wrote: I always respect for freedom of the expression. . So I would like to know frankly about this"Sorry, but sometimes I get the feeling you commenting/liking/responses are different at diffenent places Justs something I noticed"slstock wrote:I am not an expert.
Already commented above.
ps : Sorry, but sometimes I get the feeling you commenting/liking/responses are different at diffenent places Justs something I noticed .. no offence.
Rana wrote:I saw you are online today . So as an expert of the CIND you can answer itslstock wrote:Not sure who are you asking from?
Maybe I will let someone else to respond so I can get some idea too haa.Rana wrote:any Idea about future of the CIND ??CMP(94.60)
nihal123- Top contributor
- Posts : 6327
Join date : 2014-02-24
Age : 58
Location : Waga
- Post n°41
Re: CIND.N0000 (Central Industries PLC)
Last month I get in @ 103.00 and get down 109.70 within 18 days
Again I will get in to " The Bus "
slstock- Veteran
- Posts : 6216
Join date : 2014-06-12
- Post n°42
Re: CIND.N0000 (Central Industries PLC)
So now you are accomplished trader too.
From BLUE.N buying person to profit making trader + investor.
Hell of journey over the last few years.
Probably one of the fastest ethical learners. ( you are ahead of me as sometimes I preach but at times fail to practice ( I mean trading issues due to holding too long). Else I will be much richer haha)
But one thing, this trading thing can be fine for now. But once a real bus start running ( when ever for some share- not CIND per say), you might not be able to sell and buy later at the same price. Right now... you are okay.
Nis should be happy too. ( where is he?)
nihal123 wrote:slstock did you remember " The Bus "
Last month I get in @ 103.00 and get down 109.70 within 18 days
Again I will get in to " The Bus "
CubedSol- Posts : 107
Join date : 2016-02-06
Age : 36
- Post n°43
Re: CIND.N0000 (Central Industries PLC)
What about the effects of slowing down construction industry ? Even on the AR the chairman has highlighted the same...
Bit confused... The books seem interesting + the dividends, but what's your take on the industry future ?
slstock- Veteran
- Posts : 6216
Join date : 2014-06-12
- Post n°44
Re: CIND.N0000 (Central Industries PLC)
Have you taken a look at the other CIND thread
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Some positives and negatives of CIND both would have been discussed ( by me and others).
Let me know after you read if you need further clarification.
CubedSol wrote:Dear SLSTOCK,
What about the effects of slowing down construction industry ? Even on the AR the chairman has highlighted the same...
Bit confused... The books seem interesting + the dividends, but what's your take on the industry future ?
CubedSol- Posts : 107
Join date : 2016-02-06
Age : 36
- Post n°45
Re: CIND.N0000 (Central Industries PLC)
Heading over there now.
Rana- Top contributor
- Posts : 1786
Join date : 2015-12-16
- Post n°46
Re: CIND.N0000 (Central Industries PLC)
Seems like your support level going to be correct.(feel it swing around Rs.70-80)
Mr.SLS and others
why CIND dump this much by small quantity?.
.
HUNTER wrote:I have traded CIND in the recent past and usually have favorable views towards the share.
Anyway, thought of posting what the present technical outlook says.
CIND has had a strong and consistent medium term, 18 month long trend.
However, now the trend is broken. On top of that, a Head & Shoulder pattern is also visible.
Which give a high possibility of a medium term correction (8~9 months long).
90/- shows some support level, but in my view, will be too week to offer a reversal. So, we better monitor the support level at 80/-.
My eye view suggests, there could be a strong Fib level also near that area.
I have illustrated the above in the following chart.
[You must be registered and logged in to see this image.]
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
- Post n°47
Re: CIND.N0000 (Central Industries PLC)
Company ID: - CIND
Date of Announcement: - 27.May.2016
Rate of Dividend: - Rs. 5.50 per share / Final Dividend
Financial Year: - 2015/2016
Dates to be notified
Share Transfer Book Open
Rana- Top contributor
- Posts : 1786
Join date : 2015-12-16
- Post n°48
Financial Report 31.03.2016
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
- Post n°49
Re: CIND.N0000 (Central Industries PLC)
CIND declared much expected 5.50 dividend yet the share price did not go up at least by 5.50, next day morning. Slight appreciation of 1.03% is shown and it seems by the time announcement came share has appreciated enough.
This is how markets behave, many times market response to abstract dreams faster than for concrete facts.
We expected petroleum price deduction will improve the gross profit margin and it happened as expected.
Gross Profit Margin remaining below 20% since 2011 shot up to 23% in 2015/16 parallel to oil price fluctuations.
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LWL clearly stated that out of their cost 40% belongs to LP Gas. In CIND I don't have that much accurate information. But I believe oil price reduction has a positive impact on CIND.
Last edited by yellow knife on Mon May 30, 2016 11:28 am; edited 1 time in total
Rana- Top contributor
- Posts : 1786
Join date : 2015-12-16
- Post n°50
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