COMD - we can expect within this week?

Jana · 1 COMD - we can expect within this week? Wed Sep 05, 2012 7:06 pm

Jana

Senior Vice President - Equity Analytics

Posts : 2640
Equity Stars : 10718
Reputation : 195
Join date : 2011-03-10

COMD big seller already disposed his/her shares sold under 70/= level to 54/= level more-than 50000 or 60000 shares.
Now more buyers are interest in this stock ... yesterday buyer @ 69/= level but no one ready to sell
Today also more than 20000 buyers but sellers only 4000 some thing ...up to 99/= ..
So it can be jump to 100/= level ...
most of the stocks are run more than 50% ...COMD still under NAV value(98/=)...
So we need to keep on eye in this stock...It will pay something to you..

comments please..

Jana · 2 Re: COMD - we can expect within this week? Wed Sep 05, 2012 7:10 pm

Jana

Senior Vice President - Equity Analytics

Posts : 2640
Equity Stars : 10718
Reputation : 195
Join date : 2011-03-10

Try to read this link

http://forum.srilankaequity.com/t21807-why-not-much-benefit-to-comd?highlight=comd

COMD

Issued Qty==========12,000,000

Hold by Major SH=====11,677,378

Hold by others=======322,622 (2.69%) But active traders hold only less than 100 000 shares

PRICE=============66/=

sahan8896 · 3 Re: COMD - we can expect within this week? Wed Sep 05, 2012 7:21 pm

sahan8896

Assistant Vice President - Equity Analytics

Posts : 933
Equity Stars : 5776
Reputation : 53
Join date : 2011-08-27

Jana i think you have a valid point on COMD.once I bought 90 and sold 120.

Fresher · 4 Re: COMD - we can expect within this week? Wed Sep 05, 2012 8:13 pm

Fresher

Moderator

Posts : 1498
Equity Stars : 7521
Reputation : 163
Join date : 2011-02-04

appreciate that you never give up on this.
true that at one time it used to jump around giving small profits. It was because one S/H was selling and was artificially moving the asks/bids around.
It is more liquid now than it was before.

It would be good if you can tell what price these 20,000 bids were against the 4,000 asks.

smallville · 5 Re: COMD - we can expect within this week? Wed Sep 05, 2012 9:41 pm

smallville

Associate Director - Equity Analytics

Posts : 4119
Equity Stars : 10116
Reputation : 530
Join date : 2011-02-03
Location : Back on Earth

These artificial buy/sell orders are traps in this illiquid shares.. Some ppl may want to move up while the new suckers born..

I remember one member recommended this at 90 level even..

Jana · 6 COMD - we can expect within this week? Sun Sep 09, 2012 12:28 pm

Jana

Senior Vice President - Equity Analytics

Posts : 2640
Equity Stars : 10718
Reputation : 195
Join date : 2011-03-10

COMD - As I think it is ready to jump. last trading day it went up by 11/= . closing price 76/= but about 5000 shares traded up to that level. last 6 month period more than 60000 shares traded under 100/=(most of then under 70/=) level. so may be more sellers can come under 80/= or 100/= level ...

but it is not that much of Qty compare with so many liquidity shares. So It may pass 100/= easily... may be we can expect within this week. ??!! Very Happy

Redbulls · 7 Re: COMD - we can expect within this week? Sun Sep 09, 2012 12:40 pm

Redbulls

Director - Equity Analytics

Posts : 6053
Equity Stars : 16077
Reputation : 770
Join date : 2012-02-14

We can understand your pathetic situation.

Jana · 8 Re: COMD - we can expect within this week? Sun Sep 09, 2012 2:30 pm

Jana

Senior Vice President - Equity Analytics

Posts : 2640
Equity Stars : 10718
Reputation : 195
Join date : 2011-03-10

Redbulls wrote:We can understand your pathetic situation.

Fresher · 9 Re: COMD - we can expect within this week? Sun Sep 09, 2012 4:14 pm

Fresher

Moderator

Posts : 1498
Equity Stars : 7521
Reputation : 163
Join date : 2011-02-04

Jana - Going forward, please continue you old thread while editing the topic. It is rather unhealthy to see the same topic being started over and over again. If you wish to post the same thing about COMD for example, let all posts regarding it be in this thread going forward.