JKH - Be careful

raider · 1 JKH - Be careful Fri Nov 06, 2015 4:32 pm

raider

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New entrants to JKH please watch out, specially if you don't have a strong holding power.

Once W22 is excercised, a substantial selling pressure may materialise as there are some large players that bought W22 at 6 - 11 levels.

This selling pressure may also bring down W23 for the short term.

Other than that, JKH is an attractive counter for the long term.

SUSPENS · 2 Re: JKH - Be careful Fri Nov 06, 2015 4:54 pm

SUSPENS

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Jokes....Better to be careful all shares in this market..

But next week you can see strong JKH rally as well as JKH Warrants rally...

Yes.still Selling is not over for W23. NG has another 100,000 - 135,000 Shares to sell...Thats mean w23 will remain 35 - 36 - 37 level another 2 or 3 days...

Will see............But 40 is sure before the next friday......

raider · 3 Re: JKH - Be careful Fri Nov 06, 2015 5:04 pm

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Fair enough. But I'm not talking about next week, I'm worried about week after when it's closer to the budget also.

peacockman · 4 Re: JKH - Be careful Fri Nov 06, 2015 5:10 pm

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The Foreigners are buying JKH now.... but, If there is a Crisis in China or any of the World Markets, they will sold out our Counters immediately & will go there!
Foreigners = EPF People

EquityChamp · 5 Re: JKH - Be careful Fri Nov 06, 2015 5:22 pm

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My advice is to trade. Buy when the technical charts indicate and sell when the same chart indicate. I have given the charts in the morning and the trend is that this share will move to 195 level before the next pullback.

Probably the pull back will trigger when the warrant shares are in the market so the strategy is to buy and hold till the share reaches 190+ and sell before the warrant shares hit the market. An investor bought JKH around 178 and sell around say 192 he can realize an easy 5% net gain from very few days. Isn't it safe in this market? I do this very regularly and so normally I can get a good night sleep every day regardless of what happens in the market.

Chinwi · 6 Re: JKH - Be careful Fri Nov 06, 2015 5:38 pm

Chinwi

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Raider is talking about a possible selling pressure. We do not know how they sell. But yes, there is a possibility.

There are millions of W22 conversions at zoro cost for warrants. They pay 160 (or near) for a share.
So 180 is profit. He is looking at that . Sometimes the big buyers may hold without creating a selling pressure.

glad · 7 Re: JKH - Be careful Fri Nov 06, 2015 6:32 pm

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Good points to consider, thanks for your thoughts.

J-CAT · 8 JKH-BE CAREFUL Sat Nov 07, 2015 8:38 am

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JKH is a fundamentally strong counter and mostly foreigners are investing in JKH, some are saying golden egg laying duck, Jack and so on,but now it is seem to be pumping JKH.N0000 and dumping JKH.W00023 as JKH.W00022 conversion period ending on 12 Nov 2015, by pushing the JKH.N0000, More and more people will converse their JKH.W00022 into JKH.N0000 which they received free of charge when they subscribed for the rights issue one year before. The JKH.W00022 exercise price is Rs.161.87 and no buying broker charges. you see the current JKH market price and the different between the JKH.W00022 exercise price, This will result not more than 50,281,136 additional JKH.N0000 shares in the market and there will be sudden selling pressure and price fall in JKH after 12 Nov 2015

peacockman · 9 Re: JKH - Be careful Sun Nov 08, 2015 8:17 am

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Asha Phillip Technical Snapshot says : AVOID from JKH

John Keels Holdings (CMP: LKR 170) has bounced strongly from the lows. However we feel that the

relative weaker performance this stock has shown will continue to be a hindrance in near future. Avoid

as of now.

Previous Months Call: AVOID

Present Call: AVOID

see more at : https://drive.google.com/file/d/0BzrdWYYXdeiUc0V2VTNaZE1Wc2praW9JOHJIdkVLZDBLTUg4/view

gayanath1983 · 10 Re: JKH - Be careful Sun Nov 08, 2015 8:49 am

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Thnx

cseranga · 11 Re: JKH - Be careful Sun Nov 08, 2015 11:34 am

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WTF...how to avoid man well fallen man must escape from well face

Nuwan Prasad · 12 Re: JKH - Be careful Sun Nov 08, 2015 6:10 pm

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What will be the target price of W23?

I saw lot of selling pressure last Friday.

raider · 13 Re: JKH - Be careful Sun Nov 08, 2015 7:11 pm

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Actually it was very safe to enter at 170 levels - 10% profit if you had.

But now, with warrant conversions and a big budget right around the corner, it may not be the ideal time.