ASIY may hit 4

sikka89 · 1 ASIY may hit 4 Tue Sep 03, 2013 6:09 am

sikka89

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Considering the dividend yield and liquidity this may hit 4 before XD. Very Happy

Redbulls · 2 Re: ASIY may hit 4 Tue Sep 03, 2013 9:04 am

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Why mate 4.00?
Why can't be more? Because all time high is far more than 4 no?
Could you please provide more info - how did you get that target price?
Seems to be a baseless prediction.

traderathome · 3 Re: ASIY may hit 4 Tue Sep 03, 2013 9:27 am

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I dont know before XD date how ever you have a point.

Look at CTBL it was trading around 4Rs. with dismay dividend 17c.

38c ASIY can hit 4Rs. if one to go by......

Lets watch the next few days for the outcome.

My only worry would be ASIY is little known after LISTING compared to CTBL....

Will it not be too early for judging by this dividend.

TAH

sandunj · 4 Re: ASIY may hit 4 Tue Sep 03, 2013 9:31 am

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Im not sure about this price target. Maybe this will be once a time dividend. Can we expect dividend in every year. Specially current market is weak so be careful. If this will end up at Rs.4 there was a definite value in CFVF to end up 20.

Redbulls · 5 Re: ASIY may hit 4 Tue Sep 03, 2013 10:01 am

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sandunj wrote:Im not sure about this price target. Maybe this will be once a time dividend. Can we expect dividend in every year. Specially current market is weak so be careful. If this will end up at Rs.4 there was a definite value in CFVF to end up 20.

CFVF today started at 17 gone down to 15.80 and now 16.

traderathome · 6 Re: ASIY may hit 4 Tue Sep 03, 2013 10:03 am

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Could this be the beginning of more understanding about the future gains if this stock.
RedBull..... are you in this trade.....
To me it looks bottomed out.....
Look at CFVF after the XD date the price is at 16Rs....
after a brief buying interest, it should come to 13Rs.

going by the same principle ASIY may close 2.5 if CMP @ 3Rs is HELD due to more selling otherwise 4rs is good to go.
The question is did anyone anticipate ASIY would give a 38c dividend ?
Anyway we will have to wait and see until next year to see whether they will adopt a consistent dividend policy.

For me ASIY is a good to go given the current dividend payout %.
I may be proved wrong ?

BUY @ CMP (2.50-3)
Stop Loss @ 2Rs-1.9Rs

TAH Wink

traderathome · 7 Re: ASIY may hit 4 Tue Sep 03, 2013 10:08 am

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In the eyes of investors...Longterm term players should take a look at ASIY.....

The dividend yield could be an eye opener.......

I Bought today @ 2.9 since it gave me a BUY signal.
@2.2 it never gave a BUY on the FIB or i failed to see through.

Looking at current price levels 3.5-3.6 could be on the cards.
And good to think ASIY as a LT counter.

Good Luck
TAH

traderathome · 8 Re: ASIY may hit 4 Tue Sep 03, 2013 10:12 am

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Redbulls wrote:

sandunj wrote:Im not sure about this price target. Maybe this will be once a time dividend. Can we expect dividend in every year. Specially current market is weak so be careful. If this will end up at Rs.4 there was a definite value in CFVF to end up 20.

CFVF today started at 17 gone down to 15.80 and now 16.

Must agree on weak Market sentiments but as i said ASPI should be ditched.which is affecting overall sentiment of CSE due to few counters.

Anyway my mantra that i will not buy until ASPI reach5600-5550 is also ditched.
Because i will buy whenever market gives me @ a bargain subject to my technicals.

TAH

seek · 9 Re: ASIY may hit 4 Sat Nov 02, 2013 4:48 pm

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Now it is at 3.20. Will it come below 3?

traderathome · 10 Re: ASIY may hit 4 Sat Nov 02, 2013 7:41 pm

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seek wrote:Now it is at 3.20. Will it come below 3?

well some are still selling 3.2. its a matter of one or 2 big buyers buying them on good qtrly results. the September qtr results are not out as yet. I am more in favour of ASIY than CTBL to produce better results this qtr. so lets wait for the financial report. ASIYs 3.2 & CTBL 4.1 gap is good opportunity to explore when buying. I am of the view very soon both should be trading almost on PAR.It seem that who ever buying at 3.2 will be in for a massive capital gain. I felt 3.3-3.1 would be a reversal points... which I highlighted in my HPP thread. I did not want to speak on the trade at length as it may be seen as indirect promo.
anyhow some are still selling 3.2-3.3 either booking profits in fear that price may come further down or perhaps having bought at margin an expected big return in short term. anyways ASIY should be considered a LT share. you know what I mean Very Happy

traderathome · 11 Re: ASIY may hit 4 Sat Nov 02, 2013 8:10 pm

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sikka89 wrote:Considering the dividend yield and liquidity this may hit 4 before XD.

ASIY hit 3.9 after XD date. ASIY gave 2 opportunities for shorterm traders.

1. When it was 2.2 after XD announcement it hit 3.1
2. after XD date came to 2.7 and hit 3.9

Now the price 3.2 -----> ?

So sikka your target of 4.0 would be in line Very Happy

TAH