Why not ASIY?

sikka89 · 1 Why not ASIY? Sat Aug 23, 2014 9:15 am

sikka89

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We saw penny shares moving,this is penny and not a crap at all.Shouldn't this move at least to 4?

VALUEPICK · 2 Re: Why not ASIY? Sat Aug 23, 2014 9:24 am

VALUEPICK

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I know lot of value stocks and good stocks haven’t gone up yet after initial small jump. Sometimes market takes times to identify some stocks. When Mr Market identifies them they will have some of the biggest rallies in the market due to value, and earnings. This stock also should go up as long as major uptrend is intact. Other positive thing is we are seeing lot of tea exports and good earnings. A trade deficit is coming down due to earnings from Tea and Garments now. When we see higher tea volume Tea brokers also will benefit. Good luck!

ruwa · 3 Re: Why not ASIY? Sat Aug 23, 2014 11:38 am

ruwa

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Dear valuepick, can you please name some good shares that are yet to go up for the benefit of all forum members.

stevenapple · 4 Re: Why not ASIY? Sat Aug 23, 2014 11:49 am

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Like to know SHARK comment on ASIY. Wink

VALUEPICK · 5 Re: Why not ASIY? Sat Aug 23, 2014 12:08 pm

VALUEPICK

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ruwa wrote:Dear valuepick, can you please name some good shares that are yet to go up for the benefit of all forum members.

If we are in A middle of a major uptrend or second stage of a major uptrend many stocks are good stocks. Actually I posted lot of stocks in this forum to get some ideas. They have gone up and I missed some of those stocks as I was busy with following few sectors. Every pullback in a REXP was a buy. As it had some run, we need to do some study. We may have some better opportunities in turnaround companies. Actually almost all tea stocks including plantation companies exposure to more tea have great value now. Even tea brokering stocks can go up. Then there are breakout stocks. Banking stocks such as HNB, SAMP, COMB, DFCC and NDB etc have more room to appreciate in a major uptrend. Some stocks such as BFL, TAFL, GRAN and TYRE has slowed down little bit. Watch out for these stocks in the coming quarters. Once we see attractive results these counters will shoot up. However average players should pay attention to margin of safety. For this reason we need some sort of valuation on stocks. Different people value stocks differently. We can look for laggard stocks which didn’t have meaningful rally yet as long as they have value and growth. We cannot study almost all stocks in the market. Please do home work before buying any stock.Good luck!