JKH is at good level to collect gradually for long term customers.
It may go towards 150 or even below in small numbers if the situation of the country deteriorate .
But, long term collectors do not (should not) bother about such short- medium term fluctuations (transaction done in few shares compared to huge numbers in JKH) and they gradually collect from this kind of markets.
If you are a newcomer , small time investor or with short of cash due to present situation you can collect even in 10 or 20 shares whenever you get extra money without putting much burden on your financial commitments and just forget them for few years.
If in any strange situation say it came down to 120 , then buy more to average.
Main problem for JKH at the moment is design mismatch of former Waterfront project. (I like to use the old name
The huge project was not designed to match present day Sri Lanka. These projects are designed for the country you get years in future at the construction end date. For that we consider past 3-4 years progress of a country in all aspects, infrastructure progress, buying power growth, GDP, crowd behaviours etc and extrapolate to project end date.
Everybody should know there is a mismatch now. Everything was at standstill for last 13 months.
Forget about it. The main concern at the moment is no one can assure the pace we can create for next 2-3 years.
For JKH this is like they are developing a train to run at 1000mph in 2018 or 2020 and the government has stopped laying the track for it. Not only that, they have banned making super class compartments for wealthy passengers . (Casino case
If we see putting back of the country on track without much delay then you will not catch JKH at current levels. Otherwise sorry.com for remaining W too.
Now do not blame me for writing this as MaRa ta kade yanawa. This is a known fact in concerned crowd who use high level studying before investing in multi millions . I am just putting it here to educate newcomers about these no talking things.
Note: at the moment I am following what I preached in first 3 paragraphs.