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JKH Holdings worth at 245 small quantities

+6
SHARK aka TAH
hettdas
worthiness
jonny
prabath
aamir9010
10 posters

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1JKH Holdings worth at 245 small quantities Empty JKH Holdings worth at 245 small quantities Thu Jul 17, 2014 11:35 am

aamir9010


Stock Trader

Hi all, is JKH holdings worth at the current price 245 or will it drop as the market stagnates in a few days? thoughts....

prabath


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

aamir9010 wrote:Hi all, is JKH holdings worth at the current price 245 or will it drop as the market stagnates in a few days? thoughts....
Who said market stagnate.Shares will run while some shares have corrections.See now HHL correction is over.

jonny

jonny
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

aamir9010 wrote:Hi all, is JKH holdings worth at the current price 245 or will it drop as the market stagnates in a few days? thoughts....

Aamir9010 ...

Wellcome to forum.JKH is overvalued at Current mkt price. Pls weight acquire around 210 - 215..

GL

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Three weeks ago some in this forum expected JKH to dip below Rs.200 waiting for collection.That time it was hanging around Rs.212-215 range, if not mistaken. Now it is trading 240-245 range. It is unusual it dips by 16% unless extraordinary events occur in the near future. Status of the latest quarterly reports determines where it will be heading.

hettdas

hettdas
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

worthiness wrote:Three weeks ago some in this forum expected JKH to dip below Rs.200 waiting for collection.That time it was hanging around Rs.212-215 range, if not mistaken. Now it is trading 240-245 range. It is unusual it dips by 16% unless extraordinary events occur in the near future. Status of the latest quarterly reports determines where it will be heading.

If a big fish want to enter and big fish want to exit 16%-20% dip is nothing.
Earlier what I said was happened.  Smile 

SHARK aka TAH

SHARK aka TAH
Expert
Expert

hettdas wrote:
worthiness wrote:Three weeks ago some in this forum expected JKH to dip below Rs.200 waiting for collection.That time it was hanging around Rs.212-215 range, if not mistaken. Now it is trading 240-245 range. It is unusual it dips by 16% unless extraordinary events occur in the near future. Status of the latest quarterly reports determines where it will be heading.

If a big fish want to enter and big fish want to exit 16%-20% dip is nothing.
Earlier what I said was happened.  Smile 
Things got changed when it was hovering that level. Market Shot up and JKH followed it, instead the other way around.

Akalanka

Akalanka
Manager - Equity Analytics
Manager - Equity Analytics

when JKH was at 220 the RSI was really low , was at about 25 like ...and 220 was broken with large volumes .

now when it is traded at 245 the RSI is at about 70 .. so now it seems that the price of JKH is not at a stable base point now. it has a great potential to reach up to 250 .. then there will be a barrier which determine its path way.. up or down. so if it break 250 it will reach to another top level .

othervise it will come back to a level of 225 -230

will it come back to 200... i dont expect .. mostly the big fishes. HNWis are involved in this share . they will not collect at 245 if it have the risk of falling down. On the other hand the one who collecting at 245 may be a one who owns loads of JKH purchased at a very low market price. so his average will always will be low .

what i think is that some one is collecting this share who is trying to sell this with a big profit. and he controls the price movement by placing big sell orders even...

marusira


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

jonny wrote:
aamir9010 wrote:Hi all, is JKH holdings worth at the current price 245 or will it drop as the market stagnates in a few days? thoughts....

Aamir9010 ...

Wellcome to forum.JKH is overvalued at Current mkt price. Pls weight acquire around 210 - 215..

GL
17/07/14 foreign buying (LKR 145mn) @ 245.Are they mad  Razz Razz 

Akalanka

Akalanka
Manager - Equity Analytics
Manager - Equity Analytics

marusira wrote:
jonny wrote:
aamir9010 wrote:Hi all, is JKH holdings worth at the current price 245 or will it drop as the market stagnates in a few days? thoughts....

Aamir9010 ...

Wellcome to forum.JKH is overvalued at Current mkt price. Pls weight acquire around 210 - 215..

GL
17/07/14 foreign buying (LKR 145mn) @ 245.Are they mad  Razz Razz 


yah... cannot be that much mad.. what we can think is that buyer is holding loads of JKH at bought at about 190 and is still having an average lower than 220 .. that MR will help to break the major bariers then will pass the ball to others to take it to the top... then Mr can enjoy.

And when thinking about Invest Srilanka -- Forum At Newyork JKH will earn much attention .

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Reading, understanding & respecting others' views are essential. Tracking down such with actual situations pose the real value of discussion. Thx

SHARK aka TAH

SHARK aka TAH
Expert
Expert

This could move on momentum 250 and market stays green then all the way to 300.but will this hit a snag  Smile Smile 

besthope


Manager - Equity Analytics
Manager - Equity Analytics

SHARK wrote:This could move on momentum 250 and market stays green then all the way to 300.but will this hit a snag  Smile Smile 
 
SHARKY STEVENS, I am very confusing men. earlier you telling johnny boy comming 200 levels no. now going 300 or what ? is this what called MAD Divergence ah ? 
please explain clear

shadow walker

shadow walker
Vice President - Equity Analytics
Vice President - Equity Analytics

besthope wrote:
SHARK wrote:This could move on momentum 250 and market stays green then all the way to 300.but will this hit a snag  Smile Smile 
 
SHARKY STEVENS, I am very confusing men. earlier you telling johnny boy comming 200 levels no. now going 300 or what ? is this what called MAD Divergence ah ? 
please explain clear

im expected that JKH fall down to 205 - 210 .. But i was wrong.. Dear besthope no one cant 100 % predict the market . Thats the theory.. If we can do that share market will looks like FD account

aamir9010


Stock Trader

Thanks a lot guys. Smile I guess I will wait....

SHARK aka TAH

SHARK aka TAH
Expert
Expert

besthope wrote:
SHARK wrote:This could move on momentum 250 and market stays green then all the way to 300.but will this hit a snag  Smile Smile 
 
SHARKY STEVENS, I am very confusing men. earlier you telling johnny boy comming 200 levels no. now going 300 or what ? is this what called MAD Divergence ah ? 
please explain clear
Hi everyone,
To put things in correct perspective on JKH fall from 240ish to 220 initially, was triggered because at that time i stated if JKH was not able to go above 240 then we are going to see a fall. Initial Target was 220 and if this is not holding firm we could see 2nd target of 210-205 levels.The sentiments changed market recovered without JKH initially and price appreciated back again to 240+.So the price is staying above 240 means a BUY towards 250 to complete the Range we had seen in past.With market staying greener so buyers will push High  Laughing 
On a particular note i also mentioned if this goes through a long term extreme correction the price would be in the regions 140 160.
That is why chartists need to adapt according to situation and to be on alert at all times.

JKH will give good returns, because i mentioned to buy around 220 small qtys, so as to not to miss in a sudden upsurge.I think i made it clear now my whole take on JKH.

There was never an intention of bringing it down to 160-140, had there been couple  panic sellers around BUYERS 220 could have easily dragged towards 200 levels which would have met my 2nd target.Any how these points of references will help us in the future Price actions of JKH.

JKH will open a new chapter.

So Hold them dearer to you.


Shark

marusira


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

marusira wrote:
jonny wrote:
aamir9010 wrote:Hi all, is JKH holdings worth at the current price 245 or will it drop as the market stagnates in a few days? thoughts....

Aamir9010 ...

Wellcome to forum.JKH is overvalued at Current mkt price. Pls weight acquire around 210 - 215..

GL
17/07/14 foreign buying (LKR 145mn) @ 245.Are they mad  Razz Razz 
18/07/14 foreign buying (LKR 69mn)

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