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sashimaal
sashimaal
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It's a BUY !!  -  Asha Phillip Technical guide - December 2015 Empty It's a BUY !! - Asha Phillip Technical guide - December 2015

Thu Dec 31, 2015 6:07 pm
Message reputation : 100% (9 votes)
https://drive.google.com/file/d/0BzrdWYYXdeiUZ0hWM3haeVczRld5bndrUEVXUGNkbzNlRWY0/view?usp=sharing
කිත්සිරි ද සිල්වා
කිත්සිරි ද සිල්වා
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Age : 63
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It's a BUY !!  -  Asha Phillip Technical guide - December 2015 Empty Re: It's a BUY !! - Asha Phillip Technical guide - December 2015

Thu Dec 31, 2015 6:16 pm
Message reputation : 100% (2 votes)
Thanks sashi. Very Happy

(TJL - Second target achieved. Book profit and exit is the recommendation. Why ? Has it run out of steam?)

Disclaimer - Holding a fair amount of TJL in my Pf.

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I am the wisest man alive, for I know one thing, and that is that I know nothing.
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sashimaal
sashimaal
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It's a BUY !!  -  Asha Phillip Technical guide - December 2015 Empty Re: It's a BUY !! - Asha Phillip Technical guide - December 2015

Thu Dec 31, 2015 6:27 pm
Message reputation : 100% (6 votes)
Kithsiri,

Tech recommendations are based on chart patterns linked to demand/supply (buying/selling).

It doesn't take into consideration of any external factors such as future expansion, new Customers, high PE ratios, whether a big fund recently entered the stock, etc.

We need to evaluate those aspects as well and make our decisions.

TJL is a "buy and forget stock" if you are a long term investor.

Personally i don't see it coming below Rs 34 unless ASI does a deep dive.




@කිත්සිරි ද සිල්වා wrote:Thanks sashi. Very Happy

(TJL - Second target achieved. Book profit and exit is the recommendation. Why ? Has it run out of steam?)

Disclaimer - Holding a fair amount of TJL in my Pf.
smallville
smallville
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Location : Trying to figure out..

It's a BUY !!  -  Asha Phillip Technical guide - December 2015 Empty Re: It's a BUY !! - Asha Phillip Technical guide - December 2015

Fri Jan 01, 2016 8:47 am
Message reputation : 100% (2 votes)
With TJL, better to wait and see.. I also dont see it slowing down unless ASI goes below 6800. But now a new year has come.. Share transaction levy reduced.. so there's good opportunities for trader that can ignite some market movement..

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I take risks as a Trader and I select stocks based on Tech and daily Cash in/out. Therefore, my methods may not suit u.. so DYO analysis before making any decisions.
NC`
NC`
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It's a BUY !!  -  Asha Phillip Technical guide - December 2015 Empty Re: It's a BUY !! - Asha Phillip Technical guide - December 2015

Tue Jan 05, 2016 8:02 am
Thanx Shashimal... Very Happy
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yellow knife
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It's a BUY !!  -  Asha Phillip Technical guide - December 2015 Empty Re: It's a BUY !! - Asha Phillip Technical guide - December 2015

Tue Jan 05, 2016 8:20 am
Thanx Shashi
Hawk Eye
Hawk Eye
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It's a BUY !!  -  Asha Phillip Technical guide - December 2015 Empty Re: It's a BUY !! - Asha Phillip Technical guide - December 2015

Tue Jan 05, 2016 11:52 am
Is Brandix dumping all its direct holdings on to TJL ? All its acquisitions are owned by Brandix
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rameez
Posts : 47
Join date : 2014-10-28

It's a BUY !!  -  Asha Phillip Technical guide - December 2015 Empty Re: It's a BUY !! - Asha Phillip Technical guide - December 2015

Tue Jan 05, 2016 12:53 pm
The dumping is possible if Brandix have received a positive reaction on the resumption of the GSP.
TJL fabrics are preferred in the european market and most of their fabric is sold within the Brandix parameters.
The gsp has a massive impact on this share and it will remain at these prices until then.
Hawk Eye
Hawk Eye
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It's a BUY !!  -  Asha Phillip Technical guide - December 2015 Empty Re: It's a BUY !! - Asha Phillip Technical guide - December 2015

Tue Jan 05, 2016 1:42 pm
Message reputation : 100% (1 vote)
6th November 2013: TJL entered in to a Technical Service and Management Agreement with "Ocean India Pvt Ltd (OCI)" for 2 years commencing from October 2013 which fetched TJL $780K per annum.http://www.cse.lk/cmt/uploadAnnounceFiles/9531383734161_.pdf

12th February 2015: TJL comes out with an announcement to acquire both OCI and Quenby..stating it as a regional expansion strategy.

26 May comes out with the announcement of Quenby acquisition. its a 50%: 50% JV of Brandix:Trust Family Inc..

29 June: OIC acquisition which is also a JV of Brandix

When the Industry slumps, this is the best way to get out without making founder/owner much to loose, by listing and dumping all the JV coming to an end.
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Fireandwater
Posts : 88
Join date : 2015-10-29

It's a BUY !!  -  Asha Phillip Technical guide - December 2015 Empty Re: It's a BUY !! - Asha Phillip Technical guide - December 2015

Tue Jan 05, 2016 3:16 pm
Looks like everything is wait and see or sell? is it a direction on the market?
NC`
NC`
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It's a BUY !!  -  Asha Phillip Technical guide - December 2015 Empty Re: It's a BUY !! - Asha Phillip Technical guide - December 2015

Wed Jan 06, 2016 7:54 am
Is anyone having a recent valuation guide..?? Rolling Eyes
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seek
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It's a BUY !!  -  Asha Phillip Technical guide - December 2015 Empty Re: It's a BUY !! - Asha Phillip Technical guide - December 2015

Thu Jan 07, 2016 12:05 pm
Normally these BUY recommendations come when others want to exit.
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