EXPO on a free fall?

abc · 1 EXPO on a free fall? Thu Oct 06, 2011 12:31 pm

abc

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Hi friends does any of you have a clue why expo going down fast? 20-40 cents prop for few days?

Lam · 2 Re: EXPO on a free fall? Thu Oct 06, 2011 1:02 pm

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Every one told September fall due to credit clearance. why there is October fall? will this fall continue to November December and so on

new2cse · 3 Re: EXPO on a free fall? Thu Oct 06, 2011 1:08 pm

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I bought EXPO when it was Rs. 12.90 now its @ 11.40 Sad

I'm tempted to exit EXPO

snowball5 · 4 Re: EXPO on a free fall? Thu Oct 06, 2011 1:40 pm

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I bought EXPO at 11.90. I can't understand any reason for its fall.

new2cse · 5 Re: EXPO on a free fall? Thu Oct 06, 2011 1:48 pm

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snowball5 wrote:I bought EXPO at 11.90. I can't understand any reason for its fall.

Its a fundamentally strong counter. Only God knows what drives share prices at CSE! I have JKH, EXPO, JINS & EXPO all fundamentally strong counters but all r in negative territory at the moment Sad

wikum100 · 6 Re: EXPO on a free fall? Thu Oct 06, 2011 2:11 pm

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new2cse wrote:

snowball5 wrote:I bought EXPO at 11.90. I can't understand any reason for its fall.

Its a fundamentally strong counter. Only God knows what drives share prices at CSE! I have JKH, EXPO, JINS & EXPO all fundamentally strong counters but all r in negative territory at the moment

now for the fundamentalist sorry thama ........i wonder why this manupulators not interested in fundamental shares ??//i have ndb,dfcc,flch,vone.elpl.kegall,lolc,taj.ahun, all fundametal strong shares but with massive loss ,,,,,,,,,

NewInvestor · 7 Re: EXPO on a free fall? Thu Oct 06, 2011 2:29 pm

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I won't buy fundamentally strong shares for short term gain AGAIN Sad

abc · 8 Re: EXPO on a free fall? Thu Oct 06, 2011 2:40 pm

abc

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NewInvestor wrote:I won't buy fundamentally strong shares for short term gain AGAIN

Why you say it is fundamentally strong? It's PE is above 10, isn't it?

NewInvestor · 9 Re: EXPO on a free fall? Thu Oct 06, 2011 2:43 pm

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abc wrote:

NewInvestor wrote:I won't buy fundamentally strong shares for short term gain AGAIN

Why you say it is fundamentally strong? It's PE is above 10, isn't it?

I'm sorry, I'm not the best one to answer that. I saw many experts rate it as fundamentally strong.

But my comment regarding most fundamentally strong counters...

day_lk · 10 Re: EXPO on a free fall? Thu Oct 06, 2011 2:50 pm

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EXPO.N
PER 12E = 11.21 (SECTOR = 14.24)
PER 13E = 8.60 (SECTOR = 11.77)

IT SHOULD GO UP.HOLD.

warren buff · 11 Re: EXPO on a free fall? Fri Oct 07, 2011 10:43 am

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I think the well connected,rich.lucky one who got the shares at Rs.6/= at the so called "private placement" must be offloading,..still at almost a 100% profit.This is crony capitalism my friend.

abc · 12 Re: EXPO on a free fall? Tue Oct 11, 2011 1:54 pm

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Now at 11. Any bad news? Is global economic downturn a possible reason?

Rapaport · 13 Re: EXPO on a free fall? Tue Oct 11, 2011 3:33 pm

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People are getting bored with these shares and the main reason for this is high liquidity not allowing price to move up as expected resulting in further boredom and retailers selling at a loss. Laughing

abc · 14 Re: EXPO on a free fall? Tue Oct 11, 2011 7:49 pm

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Rapaport wrote:People are getting bored with these shares and the main reason for this is high liquidity not allowing price to move up as expected resulting in further boredom and retailers selling at a loss.

Can't it be private placement shareholders who got for 6 are unloading now?