Why LCEM going up????

Equity Suda · 1 Why LCEM going up???? Wed Sep 20, 2017 9:55 am

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LCEM going up....
Is there any reason???? Will CSE put a trading halt???

lk-investor · 2 Re: Why LCEM going up???? Wed Sep 20, 2017 10:00 am

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When a sell order is placed for 6.20 it gets rejected. Why?

Equity Suda · 3 Re: Why LCEM going up???? Wed Sep 20, 2017 10:02 am

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May be it has reached price band level...

lk-investor · 4 Re: Why LCEM going up???? Wed Sep 20, 2017 10:04 am

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Thanks, sorry about my ignorance, what's price band level? Looks like nobody can place sell orders above 6.10?

Wimal Modawansa · 5 Re: Why LCEM going up???? Wed Sep 20, 2017 10:10 am

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Commercial Operation to commence
soon?
Will reach 7.60 resistance level by tomorrow.
Final Target price Rs 10.00 ?

Equity Suda · 6 Re: Why LCEM going up???? Wed Sep 20, 2017 10:47 am

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R u Sure

Wimal Modawansa · 7 Re: Why LCEM going up???? Wed Sep 20, 2017 10:54 am

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No not sure!
As per chartist approach it should reach Rs 7.60 . If this level is breached Rs 10.00 is possible with in shoeter time span.

Be cautious of movements and exit at correct time as it doesn't support fundamentals

Wimal Modawansa · 8 Re: Why LCEM going up???? Wed Sep 20, 2017 10:57 am

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No not sure!
As per chartist approach it should reach Rs 7.60 . If this level is breached Rs 10.00 is possible with in shorter time span.

Be cautious of movements and exit at correct time as it doesn't support fundamentals

Equity Suda · 9 Re: Why LCEM going up???? Wed Sep 20, 2017 11:52 am

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Seems it has stopped

Wimal Modawansa · 10 Re: Why LCEM going up???? Wed Sep 20, 2017 12:11 pm

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Watch the price band. The other reason is Profit taking by day traders. They only have intra day trading limits and need to sell back the same day.

Equity Suda · 11 Re: Why LCEM going up???? Wed Sep 20, 2017 1:31 pm

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Why they exit before 11. Mkt close at 2.30

ruwan326 · 12 Re: Why LCEM going up???? Wed Sep 20, 2017 2:19 pm

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Equity Suda wrote:Why they exit before 11. Mkt close at 2.30

they are working on the other pick for tomorrow. Probably ECL Cool

If you observe well everything happen before 11:00 Very Happy

Wimal Modawansa · 13 Re: Why LCEM going up???? Wed Sep 20, 2017 2:39 pm

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At the EGM and AGM held today the Chairman explained the current situation of the Company and future plans.
The share will move up and up.........

Equity Suda · 14 Re: Why LCEM going up???? Wed Sep 20, 2017 2:55 pm

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Any insider info?

max shanu · 15 Re: Why LCEM going up???? Wed Sep 20, 2017 3:38 pm

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කොටස් සුදා wrote: ඕනෑම අභ්යන්තර තොරතුරු?

මොකක්ද ඕවරයේ සිතන lcem

Wimal Modawansa · 16 Re: Why LCEM going up???? Wed Sep 20, 2017 3:42 pm

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lots of speculation of market expansion and product diversification.Turnover is likely to increase tremendously with economic activities surrounding infrastructure development and new buildings.

Possibility of imposing higher tariffs on imported cement and cement based item are also in the card to protect the local industry.

Equity Suda · 17 Re: Why LCEM going up???? Wed Sep 20, 2017 3:49 pm

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Burned my hand by LDEV.....Thama bayai....

Wimal Modawansa · 18 Re: Why LCEM going up???? Wed Sep 20, 2017 4:44 pm

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"My view is to setup and uplift the operational activities at KKS in Jaffna to meet the country's requirement using company owned mineral deposits endowed with high purity natural vein calcium carbonated limestone that consists over 96%, with the idea to be the one of the giants among the distributors of the cement world."

extract from chairman's statement-
LALINDA LIYANAGE

CHAIRMAN

Our Mission

Revolutionize the construction industry with a low cost and high quality cement brand in Sri Lanka.

ruwan326 · 19 Re: Why LCEM going up???? Wed Sep 20, 2017 7:00 pm

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Wimal Modawansa wrote:"My view is to setup and uplift the operational activities at KKS in Jaffna to meet the country's requirement using company owned mineral deposits endowed with high purity natural vein calcium carbonated limestone that consists over 96%, with the idea to be the one of the giants among the distributors of the cement world."

extract from chairman's statement-
LALINDA LIYANAGE

CHAIRMAN

Our Mission

Revolutionize the construction industry with a low cost and high quality cement brand in Sri Lanka.

If it runs tomorrow traders follow Chairman's statement Very Happy

If not just a game Shocked

anges · 20 Re: Why LCEM going up???? Wed Sep 20, 2017 7:06 pm

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i hope its for a valid reason !

Wimal Modawansa · 21 Re: Why LCEM going up???? Wed Sep 20, 2017 7:53 pm

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Be cautious!

Don't get carried away. Plans will have to be converted in to action!

fortuneteller · 22 Re: Why LCEM going up???? Thu Sep 21, 2017 8:28 am

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presently the company imports . packs and sells cement at lower profit margins.
Once the lease agreement of 92.8 acres of land is in place for 30 years the increase in production capacity will increase tremendously.
This will increase the market share and profits substantially.
It is a good buy at current price.

Neluka Karannagoda · 23 Re: Why LCEM going up???? Thu Sep 21, 2017 9:52 am

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Yes true LCEM will touch Rs. 7.00 very soon

monash · 24 Re: Why LCEM going up???? Thu Sep 21, 2017 10:34 am

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Don't get caught. LCEM run most probably over for now..
Don't forget LCEM was trading at 4.60 range 2 days back. It appreciated by 30% yesterday. It will come down further..

Equity Suda · 25 Re: Why LCEM going up???? Thu Sep 21, 2017 10:42 am

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Thx Ruwan326.... Lets have a drink.... Whats tomorrow???

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Why LCEM going up????

1 Why LCEM going up???? Wed Sep 20, 2017 9:55 am

Equity Suda

2 Re: Why LCEM going up???? Wed Sep 20, 2017 10:00 am

lk-investor

3 Re: Why LCEM going up???? Wed Sep 20, 2017 10:02 am

Equity Suda

4 Re: Why LCEM going up???? Wed Sep 20, 2017 10:04 am

lk-investor

5 Re: Why LCEM going up???? Wed Sep 20, 2017 10:10 am

Wimal Modawansa

6 Re: Why LCEM going up???? Wed Sep 20, 2017 10:47 am

Equity Suda

7 Re: Why LCEM going up???? Wed Sep 20, 2017 10:54 am

Wimal Modawansa

8 Re: Why LCEM going up???? Wed Sep 20, 2017 10:57 am

Wimal Modawansa

9 Re: Why LCEM going up???? Wed Sep 20, 2017 11:52 am

Equity Suda

10 Re: Why LCEM going up???? Wed Sep 20, 2017 12:11 pm

Wimal Modawansa

11 Re: Why LCEM going up???? Wed Sep 20, 2017 1:31 pm

Equity Suda

12 Re: Why LCEM going up???? Wed Sep 20, 2017 2:19 pm

ruwan326

13 Re: Why LCEM going up???? Wed Sep 20, 2017 2:39 pm

Wimal Modawansa

14 Re: Why LCEM going up???? Wed Sep 20, 2017 2:55 pm

Equity Suda

15 Re: Why LCEM going up???? Wed Sep 20, 2017 3:38 pm

max shanu

16 Re: Why LCEM going up???? Wed Sep 20, 2017 3:42 pm

Wimal Modawansa

17 Re: Why LCEM going up???? Wed Sep 20, 2017 3:49 pm

Equity Suda

18 Re: Why LCEM going up???? Wed Sep 20, 2017 4:44 pm

Wimal Modawansa

19 Re: Why LCEM going up???? Wed Sep 20, 2017 7:00 pm

ruwan326

20 Re: Why LCEM going up???? Wed Sep 20, 2017 7:06 pm

anges

21 Re: Why LCEM going up???? Wed Sep 20, 2017 7:53 pm

Wimal Modawansa

22 Re: Why LCEM going up???? Thu Sep 21, 2017 8:28 am

fortuneteller

23 Re: Why LCEM going up???? Thu Sep 21, 2017 9:52 am

Neluka Karannagoda

24 Re: Why LCEM going up???? Thu Sep 21, 2017 10:34 am

monash

25 Re: Why LCEM going up???? Thu Sep 21, 2017 10:42 am

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