Tomorrow's hot pick GLAS

troy · 1 Tomorrow's hot pick GLAS Thu Aug 02, 2012 10:02 pm

troy

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Steady price increase.. significant buying pressure... and what more???

Mind u there is a prominent personnel in the top 20 shareholders. Mr. * PERERA. Stuck at Rs. 8 per piece. therefore comming colours very good... alien

Redbulls · 2 Re: Tomorrow's hot pick GLAS Fri Aug 03, 2012 3:16 am

Redbulls

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I appreciate your desire.
Last couple of days you are expecting the GLAS will move.

http://forum.srilankaequity.com/t20824-forum-inactive-again#129161

We'll wait and see.

Light of Hope · 3 Re: Tomorrow's hot pick GLAS Fri Aug 03, 2012 1:15 pm

Light of Hope

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I appreciate it as well. But I don't buy stock just because someone is stuck at a high price. What if he is waiting to average at a lower price.

Malika1990 · 4 Re: Tomorrow's hot pick GLAS Fri Aug 03, 2012 2:56 pm

Malika1990

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GLSS has moved little today.
Sometime it may run in coming weeks.

Slstock · 5 Re: Tomorrow's hot pick GLAS Fri Aug 03, 2012 2:59 pm

Slstock

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Did mention the below in the other thread few days ago.

"With a near 7% dividend soon, surprisingly glas.n did not move. When some other shares climbed 10-30% after the last big drop , glas.n held on between Rs 4.9-5.2 even with a 7% dividend coming. Will be interesting to watch what will happen in the next few days

Anyway so far glas has been having a 50% dividend paying policy."

kumarweerarathne · 6 Re: Tomorrow's hot pick GLAS Fri Aug 03, 2012 8:04 pm

kumarweerarathne

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yes it is good dividend & their profits are reasonable as well .. hope it will move 5.80 - 6.00 in next week.

may be more than that..... Very Happy

ddindika · 7 Re: Tomorrow's hot pick GLAS Sat Aug 04, 2012 12:16 am

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Nothing happened today.. its volatility is very low.

gann · 8 Re: Tomorrow's hot pick GLAS Sat Aug 04, 2012 4:53 pm

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People have started to talk about valuation of shares. Normally that happens after the collection has ended. The big players are getting ready to push the prices up. Lets see if that is the case. If so its wonderful news Basketball

Redbulls · 9 Re: Tomorrow's hot pick GLAS Sat Aug 04, 2012 5:05 pm

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gann wrote:People have started to talk about valuation of shares. Normally that happens after the collection has ended. The big players are getting ready to push the prices up. Lets see if that is the case. If so its wonderful news

Definetly pushing will happen when the market starts to get upward momentum, still it is trending sideway.
Big shots will dump at that time and the price may come after sometimes to much lower than now.
Concentrate on strong asset based and cash flow steady companies is the need of this time.