Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය

Latest topics

» AITKEN SPENCE PLC (SPEN.N0000)
by Trader321 Today at 4:57 am

» Earn free Dollars CSE watching
by Teller Today at 3:45 am

» Teller New Predictions
by Teller Today at 3:14 am

» John Keells Miserable Future until 2020
by Quibit Yesterday at 10:42 pm

» Stock Market Calendar
by Quibit Yesterday at 9:29 pm

» Presidential Election 2020 - Sri Lanka
by samaritan Yesterday at 8:22 pm

» BALANGODA PLANTATIONS PLC (BALA.N0000)
by Teller Yesterday at 7:06 pm

» SINGHE HOSPITALS PLC (SINH.N0000)
by Teller Yesterday at 7:04 pm

» SRI LANKA TELECOM PLC (SLTL.N0000)
by Teller Yesterday at 7:01 pm

» Online Forex Trading in Sri Lanka
by Teller Yesterday at 6:53 pm

» Positive News
by Eng Krishantha Yesterday at 4:13 pm

» A walk down memory lane .....
by mihiri84 Fri Oct 18, 2019 11:15 pm

Advertise

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » RWSL can hit 3.10 LKR

RWSL can hit 3.10 LKR

Go down  Message [Page 1 of 1]

1RWSL can hit 3.10 LKR Empty RWSL can hit 3.10 LKR on Wed Sep 18, 2019 2:48 pm

Teller

Teller
Moderator
Moderator

RWSL creates non linear upward curve ,definitely posdible to reach 2.80 after reaches should stay 3.10 or above. RWSL pattern is a mix inverted pattern against volume braking Vs silent factor to VAROOM is negative. Hard to find examples but little similar to CIND, in case another 700K traded, price can touch 2.70 due to unlock sign of physchology, then new support line will be created. In such scenario we can see RWSL to 3.10 LKR.

Other positive factors
It Estimates that sri lanka consumes approx 150 Tons of salt per annum out of 120 million salt goes for human consumption. Due to insufficient production normally we import 10 to 40 K metric tonnes. But currently world market salt cost is going high and south asian countries salt has more medical factors . I believe gov also looks to discourage imports so it must favourable to RWSL. As EPF is the 3rd largest share holder , this influece can be done more. Based on the world valuations of lands , RWSL lands should be revalued 3x based on current land prices. How ever company is in negative cash flow, so coming AGM if they decide for a solution , surely price will go up.

2RWSL can hit 3.10 LKR Empty Re: RWSL can hit 3.10 LKR on Wed Sep 18, 2019 3:23 pm

ThilinaM

ThilinaM
Manager - Equity Analytics
Manager - Equity Analytics
its seems you will based your analysis mostly on technical charts. can you sujjest me any books that i can lurn advanced technical analysis with technical analysis psycology

3RWSL can hit 3.10 LKR Empty Re: RWSL can hit 3.10 LKR on Wed Sep 18, 2019 5:27 pm

Teller

Teller
Moderator
Moderator
There is a good book, name is understanding the wall street. I have the book with me. If you want we may photocopy it. It has tech plus fundementals.


_________________
Teller said is said..

4RWSL can hit 3.10 LKR Empty Re: RWSL can hit 3.10 LKR on Wed Sep 18, 2019 5:36 pm

Teller

Teller
Moderator
Moderator
FYI, i have so many ways not only one, refer so many fundementals basically 120 ratios. You can google it under name of investment ratios. I calculate these figures when im free. My basis are P&L, balance sheet,cash flow and some peer to peer industries. With thise factors i calculate acceleration knows as VAROOM. Scatter graphs and Pvs. Those are not simply support and resistemce. MACD or RSI.some charts can read investors minds. Energizing levels like blak holes. So many things...


_________________
Teller said is said..

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum