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OneYear · 1 RPPA - Why AEL coming down?? Tue Dec 23, 2014 11:46 am

OneYear

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RPPA,

From day before yesterday it has come down by around 6% (from 36.80 to 34.50). Is it because MR/MS impact? (as prospects of the company depends partly on the government)

anyway, Is it good time to collect?

Thanks in advance.

RPPA · 2 Re: RPPA - Why AEL coming down?? Tue Dec 23, 2014 12:47 pm

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OneYear wrote:RPPA,

From day before yesterday it has come down by around 6% (from 36.80 to 34.50). Is it because MR/MS impact? (as prospects of the company depends partly on the government)

anyway, Is it good time to collect?

Thanks in advance.

There is some speculation on Port City project which AEL also part of. Some feel that If MS comes to power the project will not go ahead.

So risk avoidance far better at this point. 32/- will be great.

Sarabulathwita · 3 Re: RPPA - Why AEL coming down?? Tue Dec 23, 2014 12:49 pm

Sarabulathwita

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because the market drop - dont worry there is no issue with the stock - a good one

kalanaym · 4 Re: RPPA - Why AEL coming down?? Tue Dec 23, 2014 1:48 pm

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Better stay away from AEL until 8th, if MS came to power AEL will loose some of the businesses.

RPPA · 5 Re: RPPA - Why AEL coming down?? Tue Dec 23, 2014 6:32 pm

RPPA

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RPPA wrote:

OneYear wrote:RPPA,

From day before yesterday it has come down by around 6% (from 36.80 to 34.50). Is it because MR/MS impact? (as prospects of the company depends partly on the government)

anyway, Is it good time to collect?

Thanks in advance.

There is some speculation on Port City project which AEL also part of. Some feel that If MS comes to power the project will not go ahead.

So risk avoidance far better at this point. 32/- will be great.

AEL & JKH will have some uncertainties if MS wins.But after the elections things will eased out. AEL current earnings supports the price of 32/-

soileconomy · 6 Re: RPPA - Why AEL coming down?? Tue Dec 23, 2014 6:56 pm

soileconomy

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AEL will be monitored and some its business may be trimmed if ruling party changes.So wait and see approach is the best for this stock

SupunD · 7 Re: RPPA - Why AEL coming down?? Tue Dec 23, 2014 7:29 pm

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We need to keep in mind that there are only few mainstream construction companies in SL. So any government has to offer the contracts to these players.

Teller · 8 Re: RPPA - Why AEL coming down?? Tue Dec 23, 2014 9:12 pm

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Dear supunD, there should be a transparency even less companies.their should be a quotation system to selct a company for a project. They cant put sky prices. These are our money. If local companies cant deliver the project at a discount rate,we must call international giants like Emaar,etc..we should break this monopoly. One man has 20-30 percentage of shares from all listed companies. The worse thing is that he is getting tax free benifits,loans with 0 percent interest too.

OneYear · 9 Re: RPPA - Why AEL coming down?? Tue Dec 30, 2014 7:31 pm

OneYear

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Hi Friends,

If my present cost is around 34.50, is it ok to average AEL? Feel some uncertainties to take a decision.

RPPA · 10 Re: RPPA - Why AEL coming down?? Tue Dec 30, 2014 7:37 pm

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OneYear wrote:Hi Friends,

If my present cost is around 34.50, is it ok to average AEL? Feel some uncertainties to take a decision.

It is a better if you can get out at least at break even price. As it is difficult to predict uncertainties in the short term. As far as i think 32/- is a good price to enter.

And AEL in the medium term will be a fine investment if you can forget about these temporary fluctuations. Very Happy