MTD Walkers - Stock code KAPI.N.0000

sew · 26 Re: MTD Walkers - Stock code KAPI.N.0000 Sun Feb 16, 2014 10:54 am

sew

Senior Equity Analytic

Posts : 67
Join date : 2014-02-03

Since the Rights issue of 19:1 on 24th Jan, 2012, the price fell from rs.448. to 29 as of today.
I do not see it going above 40 in the future, but the possibility is there to reach rs.90 within a couple of years time.
I prefer AEL .

KDDND · 27 Re: MTD Walkers - Stock code KAPI.N.0000 Sun Feb 16, 2014 2:56 pm

KDDND

Assistant Vice President - Equity Analytics

Posts : 724
Join date : 2012-09-14

sew wrote:Since the Rights issue of 19:1 on 24th Jan, 2012, the price fell from rs.448. to 29 as of today.
I do not see it going above 40 in the future, but the possibility is there to reach rs.90 within a couple of years time.
I prefer AEL .

Jeremy · 28 Re: MTD Walkers - Stock code KAPI.N.0000 Sun Feb 16, 2014 9:24 pm

Jeremy

Assistant Vice President - Equity Analytics

Posts : 667
Join date : 2012-06-10

I think AEL is a better company than MTD. No point looking at company current financials in a construction company. One need to look at the future Order book. This information is not available in the published Financial statements. If you compare AEL against MTD, I think AEL got a better order book.

sew · 29 Re: MTD Walkers - Stock code KAPI.N.0000 Mon Feb 17, 2014 10:36 am

sew

Senior Equity Analytic

Posts : 67
Join date : 2014-02-03

Funny, an AVP in this forum thinks my opinion is laughable. But one has to look at facts, some may have invested a large quantity in a certain stock and unable to get out of it.Definitely AEL has a better order book and worth investing, for the future.

Balanced_Views · 30 Re: MTD Walkers - Stock code KAPI.N.0000 Sat Apr 12, 2014 9:06 am

Balanced_Views

Assistant Vice President - Equity Analytics

Posts : 647
Join date : 2013-07-23

nrod wrote:MTD Walkers is one of the longstanding Construction Companies in Sri Lanka. This had been one of the active counters on the bourse for a long time now. As of the 3rd Quarter of 2013 it has a beta value of 1.83, which confirms that it is an active stock even during the latter stages of the year.

If you look at the chart you'll notice that it had gone up twice, and come down thrice, during the last 12 months, and the latest been an up trend. From 10th of September 2013 the stock has rallied till 21st October 2013, for a period of 27 days, from a low of 22.90, to a high of 32.50, which translates to a profit of 43%. The RSI on the 21st Oct was 77.08.

From the 22nd of Oct '13, the stock had retraced from a high of 32.00 to a low of 26.00, up to 26.11.2013. A drop of 18.75%.

From the 27th of Nov'13, the stock once again had rallied for another 21 days till yesterday the 30th instant. During this period it had given a return of 22.52%. The price range had been a low of 26.20 to a high of 32.10. The RSI had moved to a high of 78.97.

Based on the trend, it can be noticed that the low on the 10th of September had been 22.90, and the low of the 26th of Nov '13, was 26.00 to 26.20. This shows that the low has been higher, which suggests an up trend. However the high during the period of 10th Sept to date has been around 32.00(32.50 on the 21st Oct '13, and 32.10 on the 30th Dec'13). This shows that the present resistance is at the 32.00 area. The pivot point based on the high,low,close during the 27th Nov'13 to 30 Dec'13, is 30.00.