COLO - opinions pls

arun2267 · 1 COLO - opinions pls Sat Sep 03, 2011 3:12 pm

arun2267

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hi everybody

colo is on a good run at the moment. revenue and profits were very good last quarter and next few months will be very strong. kia cars r in much demand in sri lanka, waiting lists for sportage r getting longer every day. what do u guys think about colo at this price? i think its still good price to enter, many rumors say it will go to 700 and i think its possible cuz many big fish r still buying. what do u guys think?

thank u very much for ur opinions.

Market Sucker · 2 Re: COLO - opinions pls Sat Sep 03, 2011 3:18 pm

Market Sucker

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still the collection going,a huge genuine millions worth orders are placing yet,there can be a short downfall,but advise to keep......... see the trading patterns in last days Smile

arrowms · 3 Re: COLO - opinions pls Sat Sep 03, 2011 6:28 pm

arrowms

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arun2267 wrote:hi everybody

colo is on a good run at the moment. revenue and profits were very good last quarter and next few months will be very strong. kia cars r in much demand in sri lanka, waiting lists for sportage r getting longer every day. what do u guys think about colo at this price? i think its still good price to enter, many rumors say it will go to 700 and i think its possible cuz many big fish r still buying. what do u guys think?

thank u very much for ur opinions.

Unofficial sources says COLO waiting to announce share split at share price 500/-
I think after split also price will go up.

Rajaraam · 4 Re: COLO - opinions pls Sat Sep 03, 2011 7:45 pm

Rajaraam

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arrowms wrote:

arun2267 wrote:hi everybody

colo is on a good run at the moment. revenue and profits were very good last quarter and next few months will be very strong. kia cars r in much demand in sri lanka, waiting lists for sportage r getting longer every day. what do u guys think about colo at this price? i think its still good price to enter, many rumors say it will go to 700 and i think its possible cuz many big fish r still buying. what do u guys think?

thank u very much for ur opinions.

Unofficial sources says COLO waiting to announce share split at share price 500/-
I think after split also price will go up.

I dont think so. Compared to DIMO price with huge EPS over Rs. 70/-Q1 ,COLO's EPS was around Rs. 15/- I believe. DIMO trading at 1400/- level and COLO already 480/- level . I perssonaly feel colo is now overbouhgt. If split is announced may be it reaches 500/- but after split it would be same as LOLC.TYRE,SPEN or DFCC. Share price of those stocks after spilt dropped heavily.

cse_investor · 5 Re: COLO - opinions pls Sun Sep 04, 2011 8:26 pm

cse_investor

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Rajaraam wrote:

arrowms wrote:

arun2267 wrote:hi everybody

colo is on a good run at the moment. revenue and profits were very good last quarter and next few months will be very strong. kia cars r in much demand in sri lanka, waiting lists for sportage r getting longer every day. what do u guys think about colo at this price? i think its still good price to enter, many rumors say it will go to 700 and i think its possible cuz many big fish r still buying. what do u guys think?

thank u very much for ur opinions.

Unofficial sources says COLO waiting to announce share split at share price 500/-
I think after split also price will go up.

I dont think so. Compared to DIMO price with huge EPS over Rs. 70/-Q1 ,COLO's EPS was around Rs. 15/- I believe. DIMO trading at 1400/- level and COLO already 480/- level . I perssonaly feel colo is now overbouhgt. If split is announced may be it reaches 500/- but after split it would be same as LOLC.TYRE,SPEN or DFCC. Share price of those stocks after spilt dropped heavily.

Your argument is very valid and definitely correct in principle, however, don't forget that fundamentals and logic have little place in the CSE these days. It's all about which counters are being played by which and how many players, and there's several playing COLO right now. Rumor has it another large crossing is being prepared for tomorrow or day after, so keep an eye on the order book.