Today I sold WATA and Bought SCAP and LITE

piras · 1 Today I sold WATA and Bought SCAP and LITE Thu Jun 18, 2015 2:52 pm

piras

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What do you think.

I sold WATA at 22

Harry82 · 2 Re: Today I sold WATA and Bought SCAP and LITE Thu Jun 18, 2015 2:55 pm

Harry82

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This is the time to collect LITE

VALUEPICK · 3 Re: Today I sold WATA and Bought SCAP and LITE Thu Jun 18, 2015 3:56 pm

VALUEPICK

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Wise decision. There are more attractive tea stocks in the plantation sector than WATA now. I believe before oil, gold, rubber and palm oil, tea prices should recover strongly specially from end of this year and 2016 onwards.

Teller · 4 Re: Today I sold WATA and Bought SCAP and LITE Thu Jun 18, 2015 9:53 pm

Teller

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I dont think you did a wise decision. Government has imposed palm oil import tax 120 - rupees per 1 litre effective from today. Then its good for WATA. Local palm oil suppliers will be benifited more in this scenario. The other thing is the major share holder is collecting still this share and i never believe he will dispose his quanity at all. Dr.,s one of the favoirotes share....IT must trade above 25/- in a short term.