ACL Lovers

dilandv · 1 ACL Lovers Fri Oct 23, 2015 10:35 am

dilandv

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Good quarter for ACL.. study

crnsuranjith · 2 Re: ACL Lovers Fri Oct 23, 2015 10:54 am

crnsuranjith

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dilandv wrote:Good quarter for ACL..

Yes, there is a good report on the way. most undervalue stock in Manufacture sector

EquityChamp · 3 Re: ACL Lovers Fri Oct 23, 2015 4:37 pm

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The report is good . The share is good too. But the share price performance is not so good. Because institutional support is a must for this share to move. Otherwise this should have been trading above 150 by now. Probably the EPF sell down has created a pressure on the share I think.

Nuwan Prasad · 4 Re: ACL Lovers Fri Oct 23, 2015 4:43 pm

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EquityChamp wrote:The report is good . The share is good too. But the share price performance is not so good. Because institutional support is a must for this share to move. Otherwise this should have been trading above 150 by now. Probably the EPF sell down has created a pressure on the share I think.

Is it good to buy around 120 or just wait?

What's your opinion?

EquityChamp · 5 Re: ACL Lovers Fri Oct 23, 2015 4:56 pm

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120 is a good price to enter. It has reached even 128 also. It has every fundamental value to go. But my only concern is the unusual time it is taking to move. Institutional buying side is also lacking. Anyway the share is a solid one.

Nuwan Prasad · 6 Re: ACL Lovers Fri Oct 23, 2015 5:31 pm

Nuwan Prasad

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Let's wait and see where it goes

Thank you EquityChamp

troy · 7 Re: ACL Lovers Fri Oct 23, 2015 8:21 pm

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Institutes do not like to buy this because its hard to sell a big quantity to market without a big impact to price.

This is the truth. So collection is slow.. disposing is also slow... price movement is also meant to be slow.