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Sri Lanka Equity Forum » Stock Market Talk » Expert Chamber » Odel! Where are you going?

Odel! Where are you going?

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1Odel! Where are you going? - Page 2 Empty Odel! Where are you going? on Thu Oct 27, 2011 10:49 pm

Leon


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
First topic message reminder :

Hi Guys....
Odel was a highly recommended share by our forum members. so, I got some odel @ 33.50. But at the moment no any positive signal by this share. Is it better to keep it for some time or exit on a green day without much loss???
Your views highly appreciated..... Thanks


41Odel! Where are you going? - Page 2 Empty Re: Odel! Where are you going? on Thu Mar 15, 2012 8:33 pm

traderathome


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@traderathome wrote:presently there is know buying trigger based on my technicals.but looks a bargain purchasing in anticipation of higher prices.so imo it looks as if most of the traders are buying into the rumour,which is not good.as someone noted in previous post that buying at 20 also would be based on this theory.right now if you throw 100ma to the daily chart the current prices are well below that line unless price moves above it will not be of any interest.all what i have done is grid trading until this price moves above 100ma. Very Happy this is a bit risky though. Suspect
I m placing a BUY order @ 18/-. for some more shares will keep you informed if order is filled Very Happy ..If you see the Harmonic Pattern thread...the BUY order is on ...have nt got a clue whether rs 18 is a thing in the past or will it reversed just FOR ME Rolling Eyes no hard feelings if i miss the train, there is some fish to FRY Basketball

Redbulls


Director - Equity Analytics
Director - Equity Analytics
Sri Lanka’s retail fashion industry is signaling an evolution supported by many developments taking place in the local market including the entry of select international fashion brands, says ODEL PLC.

Odel, the country’s leading fashion retailer made announced this observation while commenting on its latest annual report.

It also points out that this situation signals that Sri Lanka’s retail industry is maturing.

According to Ruchi Gunawardena, the Chairman of the listed ODEL PLC, many international retailers are looking to enter the local market.

“The entry of international brands to the market is as a result of the growth in tourism as well as an increase in consumer spending”, added ODEL.

It believes that producing a large number of fashion designers through well-established design schools too has helped this evolution.

“A select few of these designers have established fashion labels and have had their collections featured at forums such as Colombo Fashion Week as well as in regional and international fashion events”, added ODEL.

ODEL perceives this upsurge in talent and the entry of international brands as a future promise for the industry.

The fashion retailer also observes that the commerce between Sri Lankan designers, retailers and consumers is definitely gaining more ground.

ODEL, which has achieved a net profit of Rs. 202 million during the year 2011/2012 believes, that these latest trends translate into healthy competition for the retailer.

ODEL was found by model turned entrepreneur Otara Gunawardena who has first set up her shop in the boot of her car.
http://www.news360.lk/business-finance/news-sri-lanka%E2%80%99s-16-07-2012-retail-fashion-industry-is-signaling-an-evolution-odel-887865

43Odel! Where are you going? - Page 2 Empty Re: Odel! Where are you going? on Wed Jul 18, 2012 9:06 am

Hawk Eye


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Look at their target market and the pricing strategy and ehere they have opened their show rooms. Only the flagship showroom is packed as KIWI mentioned.

They have to seriously look at the other retail showrooms performance

44Odel! Where are you going? - Page 2 Empty Re: Odel! Where are you going? on Wed Jul 25, 2012 11:26 am

aliasjjj


Senior Equity Analytic
Senior Equity Analytic
Why ODEL Share Trading So Actively Today...! Any News ?

45Odel! Where are you going? - Page 2 Empty Re: Odel! Where are you going? on Thu May 16, 2013 12:34 pm

duinvest


Stock Analytic
Stock Analytic
Foreign Purchases(+) ODEL.N
Odel! Where are you going? - Page 2 15th_may_2013_top_30_net_foreign_purchases__sales-.bmp

http://asiaashan.weebly.com/

46Odel! Where are you going? - Page 2 Empty Re: Odel! Where are you going? on Mon May 20, 2013 9:08 pm

duinvest

duinvest
Stock Analytic
Stock Analytic
ODELForeign Purchases(+)Odel! Where are you going? - Page 2 Odelforeign_purchases

http://asiaashan.weebly.com/

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