EAST WEST PROPERTIES PLC (EAST.N0000)

svkiruba8@gmail.com wrote:Some one explain to this share why this can’t move in this current bull market pls advice I’m stuck with this share almost few month's ago —— pls advice pls

Inthikahb M Wazeer wrote:True. But if divident is only around 2/- was that worth for all these hype  since last two months.
Think deliberately they drag this share down as the momentum is losing gradually from investors.
Unless a big announcement to move this up.
The money held with this share last two month if invested in Expo the gain would have been a huge.

Dr_CSE wrote:Many counters, and ASI are currently in overbought region. We will see people exit / book profit on these counters with massive price appreciation in the coming days. I think EAST is waiting for more people to enter in this scenario for a historical run. I may be wrong. But there has to be a reason for it to stagnate this longer. At the same time good collection from frustrated retailers is going on. Anyway EAST has very well established it's support at Rs 12 and I don't expect it to fall below this level whatsoever.

Dr_CSE wrote:If you look at all the counters that moved heavily, they had a stage where we witnessed some foreign selling and artificial selling were going on. It's pretty obvious that the price is controlled artificially, retailers being compelled to sell, with large sell orders by the players of this counter. SP might even reach Rs 12.10 level before the next movement. It's quite frustrating to see EAST with good fundamentals to stagnate at this levels while others, and junks as well, moving heavily. But if anyone exit EAST at this level surely gonna miss the quick price appreciation phase of this counter. I identify EAST as a value stock or a gem with good earnings, at the moment and that may be the very reason that the price being controlled and collection done for a massive run at the right moment. I don't see any other logical explanation for the current price of this counter.

nish84 wrote:EAST READY

svkiruba8@gmail.com wrote:East why struggle on this share huge selling volume there � Up and down ( 12 - 13.20 Range Trading ) is it move further

Dr_CSE wrote:I still remember a post named "East at a discount" by SLMarket ( as far as I can remember his name ) in this forum many years back. East was flying during that time. I hope there may be people who remember this post. It appears to be that, history going to repeat this time. Cheers.

Rational Investor wrote:

Dr_CSE wrote:I still remember a post named "East at a discount" by SLMarket ( as far as I can remember his name ) in this forum many years back. East was flying during that time. I hope there may be people who remember this post. It appears to be that, history going to repeat this time. Cheers.

True,

So ,Good old players of EAST.  

Back with better fundamentals this time.

I still remember Player with REEF & SLMarket with EAST.   

Let the party begin......Cheers