JINS Looks heated up.

hunter · 1 JINS Looks heated up. Thu May 16, 2013 12:09 pm

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I was expecting JINS to have a run; But didn't know why.
The time looks right.
Is there any news pending?

Backstage · 2 Re: JINS Looks heated up. Thu May 16, 2013 12:27 pm

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Check the results.

Kithsiri · 3 Re: JINS Looks heated up. Thu May 16, 2013 12:33 pm

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@ 13:30 now and anything in the grapevine ? Very Happy

raptor · 4 Re: JINS Looks heated up. Thu May 16, 2013 12:34 pm

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Think this is based entirely on results. Going to sell a bit of my holding as I can see this coming down once the so called run has fizzled out.

Kithsiri · 5 Re: JINS Looks heated up. Thu May 16, 2013 12:36 pm

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raptor wrote:Think this is based entirely on results. Going to sell a bit of my holding as I can see this coming down once the so called run has fizzled out.

Still ascending now @ 13:40. Embarassed

Backstage · 6 Re: JINS Looks heated up. Thu May 16, 2013 12:37 pm

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raptor wrote:Think this is based entirely on results. Going to sell a bit of my holding as I can see this coming down once the so called run has fizzled out.

Why so called ? look at the quantity traded.

wellappili · 7 Re: JINS Looks heated up. Thu May 16, 2013 12:46 pm

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Any idea on CSEC, CFVF?

kethees · 8 Re: JINS Looks heated up. Thu May 16, 2013 12:49 pm

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Will it break 20 this time?

kethees · 9 Re: JINS Looks heated up. Thu May 16, 2013 12:52 pm

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It is massively undervalued share and ignored by most of the people

Rapaport · 10 Re: JINS Looks heated up. Thu May 16, 2013 12:55 pm

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Someone holds this share back always.
Many are waiting to dump it in frustration.
Climb can be difficult unless a large buyer.
Management has notorious track record.

Cheers!

Backstage · 11 Re: JINS Looks heated up. Thu May 16, 2013 1:09 pm

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In 2011 I set my greedy target at 25 and missed the bus at 22+. This time my target was 15+ , but on seeing the results and market situ I have revised tp 17+. Hope I get it right this time Smile

salt · 12 Re: JINS Looks heated up. Thu May 16, 2013 1:11 pm

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any target this time
can it pass LKR 15.00?

raptor · 13 Re: JINS Looks heated up. Thu May 16, 2013 1:27 pm

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Its at 14 now, so why not 15. Retailers will soon pile in and keep pushing it. I'm gonna exit at 14.5.

What I meant was the so called wider market run, once the euphoria of lower rates subsisdes shares will come down.

Kithsiri · 14 Re: JINS Looks heated up. Thu May 16, 2013 1:36 pm

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As 15 is unlikely, I did it @ 14:10.
Not a bad move I believe at the end of the day. Very Happy

Backstage · 15 Re: JINS Looks heated up. Thu May 16, 2013 1:44 pm

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raptor wrote:Its at 14 now, so why not 15. Retailers will soon pile in and keep pushing it. I'm gonna exit at 14.5.

What I meant was the so called wider market run, once the euphoria of lower rates subsisdes shares will come down.

Yes agreed, but imho the second stage is just getting going, I feel well positioned to take advantage. Waiting now on CFVF the real star in present situation, all aspects seem to have come together now for it to surge TP 22+. Smile

Bond · 16 Re: JINS Looks heated up. Thu May 16, 2013 2:04 pm

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Backstage wrote:

raptor wrote:Its at 14 now, so why not 15. Retailers will soon pile in and keep pushing it. I'm gonna exit at 14.5.

What I meant was the so called wider market run, once the euphoria of lower rates subsisdes shares will come down.

Yes agreed, but imho the second stage is just getting going, I feel well positioned to take advantage. Waiting now on CFVF the real star in present situation, all aspects seem to have come together now for it to surge TP 22+.

Don't dream of 22/=

JINS top 20 never changes - always the same. To get into the top 20 you only need 1m shares. So there is 67m shares or 18% held by retailers (i.e. holding less than 1m shares)

Today only 2m shares were traded. So every time the share goes up some of those retailers with 67m shares tries to exit. It's like jumping out of Welikada. Cool

Only way to sustain JINS at a high price is if someone mops up the retailers slowly by slowly.

Bond · 17 Re: JINS Looks heated up. Thu May 16, 2013 2:06 pm

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I will also add that SEMB suffers from the same problem.

Backstage · 18 Re: JINS Looks heated up. Thu May 16, 2013 2:14 pm

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Bond wrote:

Backstage wrote:

raptor wrote:Its at 14 now, so why not 15. Retailers will soon pile in and keep pushing it. I'm gonna exit at 14.5.

What I meant was the so called wider market run, once the euphoria of lower rates subsisdes shares will come down.

Yes agreed, but imho the second stage is just getting going, I feel well positioned to take advantage. Waiting now on CFVF the real star in present situation, all aspects seem to have come together now for it to surge TP 22+.

Don't dream of 22/=

JINS top 20 never changes - always the same. To get into the top 20 you only need 1m shares. So there is 67m shares or 18% held by retailers (i.e. holding less than 1m shares)

Today only 2m shares were traded. So every time the share goes up some of those retailers with 67m shares tries to exit. It's like jumping out of Welikada.

Only way to sustain JINS at a high price is if someone mops up the retailers slowly by slowly.

Bond 22+ was for CFVF not JINS ! JINS 17+. I also feel that they might be restructuring their set up soon. I also think that the Schafter vision has been broadening in the recent pass and we will see positive changes in the future. Just my layman's view. cyclops

Bond · 19 Re: JINS Looks heated up. Thu May 16, 2013 2:21 pm

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Backstage wrote:

Bond wrote:

Backstage wrote:

raptor wrote:Its at 14 now, so why not 15. Retailers will soon pile in and keep pushing it. I'm gonna exit at 14.5.

What I meant was the so called wider market run, once the euphoria of lower rates subsisdes shares will come down.

Yes agreed, but imho the second stage is just getting going, I feel well positioned to take advantage. Waiting now on CFVF the real star in present situation, all aspects seem to have come together now for it to surge TP 22+.

Don't dream of 22/=

JINS top 20 never changes - always the same. To get into the top 20 you only need 1m shares. So there is 67m shares or 18% held by retailers (i.e. holding less than 1m shares)

Today only 2m shares were traded. So every time the share goes up some of those retailers with 67m shares tries to exit. It's like jumping out of Welikada.

Only way to sustain JINS at a high price is if someone mops up the retailers slowly by slowly.

Bond 22+ was for CFVF not JINS ! JINS 17+. I also feel that they might be restructuring their set up soon. I also think that the Schafter vision has been broadening in the recent pass and we will see positive changes in the future. Just my layman's view.

There is only one way this will go up on a long term basis. That is if the Schafter family sells 30% of their 63% stake to SAMP. There were talks about it but it never materialised.

Schafter family has no interest in reducing their stake. The only reason why they pay high dividends is because they like to pass funds back to Janashakthi Ltd. The biggest mistake they made is not incorporating Janashakthi Ltd in Singapore What a Face

I believe there are some shareholders other than Schafter in Janashakthi Ltd Question

Backstage · 20 Re: JINS Looks heated up. Thu May 16, 2013 2:36 pm

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Bond wrote:

Backstage wrote:

Bond wrote:

Backstage wrote:

raptor wrote:Its at 14 now, so why not 15. Retailers will soon pile in and keep pushing it. I'm gonna exit at 14.5.

What I meant was the so called wider market run, once the euphoria of lower rates subsisdes shares will come down.

Yes agreed, but imho the second stage is just getting going, I feel well positioned to take advantage. Waiting now on CFVF the real star in present situation, all aspects seem to have come together now for it to surge TP 22+.

Don't dream of 22/=

JINS top 20 never changes - always the same. To get into the top 20 you only need 1m shares. So there is 67m shares or 18% held by retailers (i.e. holding less than 1m shares)

Today only 2m shares were traded. So every time the share goes up some of those retailers with 67m shares tries to exit. It's like jumping out of Welikada.

Only way to sustain JINS at a high price is if someone mops up the retailers slowly by slowly.

Bond 22+ was for CFVF not JINS ! JINS 17+. I also feel that they might be restructuring their set up soon. I also think that the Schafter vision has been broadening in the recent pass and we will see positive changes in the future. Just my layman's view.

There is only one way this will go up on a long term basis. That is if the Schafter family sells 30% of their 63% stake to SAMP. There were talks about it but it never materialised.

Schafter family has no interest in reducing their stake. The only reason why they pay high dividends is because they like to pass funds back to Janashakthi Ltd. The biggest mistake they made is not incorporating Janashakthi Ltd in Singapore

I believe there are some shareholders other than Schafter in Janashakthi Ltd

Who talked about long term ? Smile

I have done my time, now harvest.

glad · 21 Re: JINS Looks heated up. Thu May 16, 2013 2:52 pm

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Any news on Final dividend?

sandunj · 22 Re: JINS Looks heated up. Thu May 16, 2013 5:06 pm

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I watched the trading today Didnt buy JINS... Can we expect a run tomorrow? What shows technical charts? All the best for the profit makers...

Kithsiri · 23 Re: JINS Looks heated up. Thu May 16, 2013 5:20 pm

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sandunj wrote:I watched the trading today Didnt buy JINS... Can we expect a run tomorrow? What shows technical charts? All the best for the profit makers...

I will go again tomorrow, if it passes my last selling point of 14:10.
Will it touch 15:00 + ? Very Happy