Re: What to Analyse

[Yin-Yang]

Lenses are always colored or biased; otherwise it's not a lens.

[pathfinderTop contributor]

Purpose of this thread is not to twist words, so I stop.

[pathfinderTop contributor]

And sometimes trading LITE would be a sin.. but trading SFS, BLUE, TFC, REEF, CITK may not.. At one point we all dump this to someone.. So where's the ethics unless u dump on to your other account? LOL.. u know.. Im just saying..

Logic is so simple,
if you succeed in an opportunity you are a good trader,
If you miss an opportunity you have to think about ethics and longterm stability of CSE.

ඒක කොච්චර සිම්පල් ප්ලෑන් එකක්ද​?  

[pathfinderTop contributor]

correct xmart.. sometimes its difficult to buy depend on the buy signals these days.. Have to relate this wit ASI as well.
So be careful with LDEV.. If dumping happens... its not good.

LDEV still looks bearish IMHO,May turnaround after selling stops.

[Future123Active Member]

LDEV fundamentally still not a buy as they continue to make losses every quarter. This is mainly due to the plantation effect. Considering the wage hike and all the problems that the industry is facing, I will avoid LDEV until there are big positive changes.

correct xmart.. sometimes its difficult to buy depend on the buy signals these days.. Have to relate this wit ASI as well.
So be careful with LDEV.. If dumping happens... its not good.

LDEV still looks bearish IMHO,May turnaround after selling stops.

[Yin-Yang]

Purpose of this thread is not to twist words, so I stop.

I might have said;

Yes, this is a lens to see the reality now; not a magic mirror to see the future.

[smallvilleTop contributor]

Thanks .. Path

Unlike Hunter's predictions which come with exact future value , in your predictions I find it difficult to put in front of Mirror...

These are short term baby.. so take 10% first.. 20% if trend intacts well.. more if trend continues..

Curiously, if I sell all my stake after 10%, how can a 20% be taken?

Why u wanna sell all ur stake?

My theory - Buy in chunks.. Sell in chunks.. If u sense a selling pressure then sell at once.

I sell at various stages... Above I meant not to "sell", just figure your 10%.. if counter goin for more, then 20%.... and so on...

[Yin-Yang]

Oh boy!

So, what you say is;
When it goes up 10% just analyze the situation,
if coming color is not good sell;
if it looks still good, wait for another 10% advance,
and do the same.

Is it my small boy ?

[smallvilleTop contributor]

C'mon YY.. I thought ur smart.. What part of sell by chunks u cant understand?

I'm not saying analyze the situation at 10%.. (its up to the person as per their risk apatite). I say sell at 10% a chunk. Then analyse...

Say u have 6000 shares.. U sell at 10% profit 2000-3000, then wait.. If selling side is more u sell all n get out [sometimes u will have to consider ethics also ok.. ]
But if more buying is witnessed - u hold.. wait a bit and sell at a higher say (15-20%) another chunk...

Its my style.. BTW I dont ask anyone to follow me .. Anyone can criticize my style with their expertise knowledge but what works for me is good for me..

The reason for this is - unlike funda backed shares, with pennies and so called junk cannot be trusted whether more push will come or not. So those can get dumped.

[smallvilleTop contributor]

LDEV - 10% done at 5.0 ok guys.. im just saying

[Yin-Yang]

OK. Got that 'sell in chunk' part.
What you do is scaling down when price goes up.

I've heard it's a good way to secure some profits and reduce the risk and make the trader 'feel good' about himself.


Can you tell a little more about 'buy in chunks' also ?

Do you buy at different price levels; up or down ?



[No comments on 'Ethical' guys from me right now; otherwise it'll be too much.
Besides, not feeling good to comment in their absence]

[dhanurrox]

MEL 3.10-3.20 for 10% return plus no loss guaranteed till the return comes.

[Yin-Yang]

Can I also ask a question mate?

Do you see if we can by RICH at 7.7 and later sell at 9/- within next 10 months?

Anyone reckon this is real now?

[BackstageTop contributor]

Can I also ask a question mate?

Do you see if we can by RICH at 7.7 and later sell at 9/- within next 10 months?

Anyone reckon this is real now?

Barely 15 % gain in 10 months. If a divi is also thrown in, I guess it would be a decent return. I though expect better quarters up ahead and 10/= to be tested much before 10 months.

[pathfinderTop contributor]

All of a sudden ASI became bearish and all indicators negative.
But this is another short term correction,usually corrections don't go below 73.2% Fib retracement.
6468 is 73.2% Fib retracement.ASI should make a turnaround at this point otherwise 100% correction at 6450 which is highly unlikely.

[roshana7549]

Thanks Path for ur insight

[yellow knifeTop contributor]

All of a sudden ASI became bearish and all indicators negative.
But this is another short term correction,usually corrections don't go below 73.2% Fib retracement.
6468 is 73.2% Fib retracement.ASI should make a turnaround at this point otherwise 100% correction at 6450 which is highly unlikely.

September was affected by JKH W and October by budget expectations and November budget impact.. +/- news affect...

[BackstageTop contributor]

All of a sudden ASI became bearish and all indicators negative.
But this is another short term correction,usually corrections don't go below 73.2% Fib retracement.
6468 is 73.2% Fib retracement.ASI should make a turnaround at this point otherwise 100% correction at 6450 which is highly unlikely.

September was affected by JKH W and October by budget expectations and November budget impact.. +/- news affect...

Many (including IMF ) are waiting for VAT bill to be passed in parliament. Today the Supreme court will give a opinion as to if they have goofed it up again.

[pathfinderTop contributor]

I reckon LION as a good MT stock which can give about 50% gain from current price.
CMP is a good entry point with a holding period of 1yr.

[BackstageTop contributor]

I reckon LION as a good MT stock which can give about 50% gain from current price.
CMP is a good entry point with a holding period of 1yr.

LION factory fully restored, production has started and will reach full capacity by end of November. The Yeast is grown and multiplied, process is underway and will complete the cycle end November. I expect an announcement and a spike in price. Should effect BUKI too.

[Future123Active Member]

I reckon LION as a good MT stock which can give about 50% gain from current price.
CMP is a good entry point with a holding period of 1yr.

Thanks Path. I also was thinking about this.

The next 2 quarters they may report losses. Also, there will be more and more taxes for beverages and alcohol in the budget as well as on adhoc basis.

[smallvilleTop contributor]

Can you tell a little more about 'buy in chunks' also ?

Do you buy at different price levels; up or down ?

Yes diff price levels up or down.. The reason is, however attractive a share might be due to valuation, broker recon and various other factors, if a big boy wants to enter brokers may let the share slip. So if you even buy at the best possible levels that looks nice in charts or in recent history, the share can dip more.

Then if you're not sure of a rise of a share, u can buy a lil, and if move up, buy some more.. Ur not losing cuz ur avg is down due to low purchase in that instance.

[Yin-Yang]

Thanks Small. One last question.

Do you ever sell at a loss also?

I mean, when the price was going down you buy few chunks, but the price is still keep on going down; would you exit at a loss at some point?

[pathfinderTop contributor]

Hi Hunter & Pathfinder - given BFL 's latest q result, and considering last 6 Q's results, what do you think is fair value based on Fundamentals AND also Technical Analysis ?
what do you think is the price potential ?

Technically BFL should reach 235-240 within 5-6 months,On FA ground it may value more

[pathfinderTop contributor]

LFIN is strong even in this down trend
charts show it has potential to make new all time high with great performances.
I consider current price as a safe entry.