What will happen to EXPO now ?

celtic tiger · 1 What will happen to EXPO now ? Fri May 09, 2014 2:29 pm

celtic tiger

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1.done deal at 10.70
2.IPO price 15
3.huge selling can be seen in the order books
short term
price will come down but
with deal EXPO turned into a true PLC which will gain the interest of foreign funds so for long term
this share could be a market mover like JKH

Balanced_Views · 2 Re: What will happen to EXPO now ? Fri May 09, 2014 6:47 pm

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celtic tiger wrote:1.done deal at 10.70
2.IPO price 15
3.huge selling can be seen in the order books
short term
price will come down but
with deal EXPO turned into a true PLC which will gain the interest of foreign funds so for long term
this share could be a market mover like JKH

Will boost profits. Expect share to be at 14 in 4 months

SHARK aka TAH · 3 Re: What will happen to EXPO now ? Fri May 09, 2014 8:38 pm

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Good if it can unload and rest a BIT @ 9Rs

cse1981 · 4 Re: What will happen to EXPO now ? Fri May 09, 2014 8:49 pm

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SHARK wrote:Good if it can unload and rest a BIT @ 9Rs

agree

celtic tiger · 5 Re: What will happen to EXPO now ? Sat May 10, 2014 4:12 pm

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Next interesting thing to see is-who will sell the rest of the shares of EXPO to SAGAWA to bring up it's share holding to 51%.Will founding family shade another 21% of their holding to SAGAWA? IF they do that will they hold onto remaining 21% ?

FLOWER2 · 6 Re: What will happen to EXPO now ? Sat May 10, 2014 4:18 pm

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It is unlikely Expo will go back to its previous box Rs.8 to 10. Most probably it will stay in the current box from Rs.10 to Rs.12 before their next trend.

gagamini · 7 Re: What will happen to EXPO now ? Sat May 10, 2014 4:23 pm

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FLOWER2 wrote:It is unlikely Expo will go back to its previous box Rs.8 to 10. Most probably it will stay in the current box from Rs.10 to Rs.12 before their next trend.

It is unlikely come below 10 as mandatory offer is there for 10.70 .

TheProfessional2013 · 8 Re: What will happen to EXPO now ? Sat May 10, 2014 10:45 pm

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True

VALUEPICK · 9 Re: What will happen to EXPO now ? Sun Sep 21, 2014 8:21 am

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SHARK aka TAH wrote:Good if it can unload and rest a BIT @ 9Rs

It rested below Rs.10 for a while in its pullback from around 10.70 levels. Now it is going to break Rs.10 again. Stocks which had this type of minor pullback/pause/minor volatility are ready to go up again. It is time to find out these type of stocks too.

" මට හිතෙන්නේ කොටස් ගන්න හොඳ දවස් ;සඳුදා, අගාරුවද මටත් අවස්ථාවක් දෙන්න ටිකක් ගන්න ජයවේවා!"

BTW nothing is going to happen. These stocks have formed their intermediate uptrend. Short term minor volatility, pause and pullback create opportunities. Good luck!