DIMO is massively under valued

kasun333 · 1 DIMO is massively under valued Fri May 27, 2011 7:01 pm

kasun333

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what happens to DIMO shae price.why is it not moving.

mark · 2 Re: DIMO is massively under valued Fri May 27, 2011 7:08 pm

mark

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yup,we experience a huge selling pressure in DIMO,seem someone want to exit..may be like what happened in ASHO.. scratch

this is a valued counter,be patient... Cool

Read following posts
http://forum.srilankaequity.com/search?mode=searchbox&search_keywords=DIMO&show_results=posts

Ananth · 3 Re: DIMO is massively under valued Sat May 28, 2011 3:02 pm

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Yes...Yes...Yes...
IMHO , it is not the selling pressure. Just check last 5 Day trading pattern of DIMO , Wait Few Days ... We all can see...... the result of the current Collection.

Up to my best knowledge it is a good share , if you have money, Not good to buy using the buying power.....

-Ananth

Rajitha · 4 Re: DIMO is massively under valued Sat May 28, 2011 5:37 pm

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Its at the current price because some big gun is trying to get out for unknown reason! But if you check last trading day almost all trades took place at Rs 1600 and some one was dumping shares in 1000- 200 blocks at 1600 and another big gun was collecting them at 1600 by putting buy orders of 1000-2000!
I bet over 70% of the days trade might have been between these 2 people! If you need good return with this share hold it for medium term till people who need out exit the share!!

ipoguru · 5 Re: DIMO is massively under valued Sat May 28, 2011 6:25 pm

ipoguru

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Rajitha wrote:Its at the current price because some big gun is trying to get out for unknown reason! But if you check last trading day almost all trades took place at Rs 1600 and some one was dumping shares in 1000- 200 blocks at 1600 and another big gun was collecting them at 1600 by putting buy orders of 1000-2000!
I bet over 70% of the days trade might have been between these 2 people! If you need good return with this share hold it for medium term till people who need out exit the share!!

How can we identify that it is between 2 persons these shares traded.
This is what I am also thought but my conclusion was different. I think they try to keep this share down at 1600 level. What I noticed that they do not let the share go up beyond 1600 level because they want to collect more at these levels and then shoot up the price. Shooting up the price is quite easy for DIMO to 2000 levels because most people say DIMO is under valued even at 2000 rupees levels.

This 1 to 1 sale I imagine taking place between husband to wife or from Person A to Person A with different accounts.
This way you can understand this unknown reason...
In the mean time they are collecting others shares sold at 1600 levels...
So guys hold on to your share tight the manipulator will shoot up the price when he is collected enough for him from the looser's who sells valued share saying some big guy is selling so there should be a reason and we need to sell them tooo.
How stupid

StocksWatch · 6 Re: DIMO is massively under valued Sat May 28, 2011 7:38 pm

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Rajitha wrote:Its at the current price because some big gun is trying to get out for unknown reason! But if you check last trading day almost all trades took place at Rs 1600 and some one was dumping shares in 1000- 200 blocks at 1600 and another big gun was collecting them at 1600 by putting buy orders of 1000-2000!
I bet over 70% of the days trade might have been between these 2 people! If you need good return with this share hold it for medium term till people who need out exit the share!!

Yes that can be a good explanation to what was happening with DIMO recently. Someone is dumping and at the same time someone is collecting aggressively.

I have also invested in this share and been monitoring closely.